/raid1/www/Hosts/bankrupt/TCR

/raid1/www/Hosts/bankrupt/TCR_Public/180202.mbx T R O U B L E D C O M P A N Y R E P O R T E R Friday, February 2, 2018, Vol. 22, No. 32 Headlines 111 BUSSE PARTNERS: Hires Porter Law as Attorney 90 WEST STREET: Case Summary & 7 Largest Unsecured Creditors A. HIRSCH REALTY: Taps Nicholson Herrick as Legal Counsel ADVANCE LAWN: Hires Kinard-Barath Tax as Accountant ADVANCED EDUCATIONAL: Committee Taps Lowenstein as Legal Counsel AMJ PLUMBING: Court OKs Cash Use Until Jan. 18 ARCON HOMES: Hires Cunningham Chernicoff as Counsel ARO LIQUIDATION: Term Loan Lenders Received Distribution of $130K ART LLC: Hires Jeffer Mangels as Special Counsel ATHENS INTERESTS: Plan Discloses Sale of Interest in Athens Project AVALON MOBILITY: Hires The Law Offices of C.R. Hyde as Counsel AVALON MOBILITY: Wants to Continue Using Cash Collateral BALDWIN PARK: Feb. 15 Final Cash Collateral Hearing Set BIG MAX: Taps Archers Capital as Real Estate Broker BIG MAX: Taps Hinds & Shankman as Legal Counsel BIG MAX: Taps Miller Starr as Special Counsel BLUFF CREEK: Unsecured Creditors to Get 25% Under Chapter 11 Plan BOBILEFF CORPORATION: Voluntary Chapter 11 Case Summary BON-TON STORES: Closing 42 Stores, Hilco On Board as Liquidator BRAVA DEVELOPERS: Case Summary & Unsecured Creditor CAPTAIN TRANSPORT: Taps Crisp & Gravley as Accountant CARILLION CANADA: Gets Initial Order to Restructure Under CCAA CHARMING CHARLIE: Prepetition Term Loan Claimants to Recoup 3.62% COOLTRADE INC: Hires Larry B. Betts as Accountant CUSTOM STONE: Court OK's Plan Outline; March 8 Plan Hearing DAILY GAZETTE: Case Summary & Top Unsecured Creditors DELTA MECHANICAL: Amends Application to Clarify Employment Terms DELTAVILLE BOATYARD: Wants to Obtain Up To $250,000 DIP Financing DREAM MOUNTAIN: Appointment of A. Amore as Ch. 11 Trustee Approved ECLIPSE BERRY: Seeks Approval of Agreed Use of Cash Collateral ELITE INSTALLS: Unsecureds to Get 33% Over 60 Months Under Plan ENCLAVE BUSINESS: Sale of Oak Ridge Real Property to Fund Plan ENERGY FUTURE: Objects to Bid for Fee Committee Representative ENSEQUENCE INC: Case Summary & 20 Largest Unsecured Creditors ESCALERA RESOURCES: US Trustee Wants Case Dismissed EVENFLOW PLUMBING: Taps Nichani Law Firm as Legal Counsel FARGO TRUCKING: Committee Taps Levene Neale as Legal Counsel GADFLY ENTERPRISES: Taps Cohen Baldinger & Greenfeld as Counsel GENON ENERGY: Restructuring Fees for November 2017 Filed GOODMAN AND DOMINGUEZ: Unsecureds to Get 5% Under Ch. 11 Plan GORDON'S GLASS: Taps Bovarnick and Associates as Legal Counsel GREAT VISTA: Taps Hinds & Shankman as Legal Counsel GREAT VISTA: Taps Miller Starr as Special Counsel GREENE TECHNOLOGIES: To Pay Unsecured Creditors 6% Over 48 Months GRESHAM & GRAHAM: Disclosure Statement Hearing Moved to Feb. 27 GROVE AVE: Case Summary & 9 Unsecured Creditors HANDSOME INC: Case Summary & 8 Unsecured Creditors HHGREGG INC: Court Approves Settlement with Synchrony Bank HHH CHOICES: Committee Retains Bragar Eagel as Special Counsel HOBBICO INC: Taps Crowe Horwath as Financial Consultant HUNTER HOSPITALITY: Plan Confirmation Hearing Set for March 2 IAN-K LLC: Has Interim OK to Use Cash Collateral JANASTON MANAGEMENT: Taps William E. Jamison as Legal Counsel JERUSALEM MISSIONARY: Case Summary & 7 Unsecured Creditors JOHN Q. HAMMONS: To Sell Assets or Refinance Debt to Pay Creditors JONES PRINTING: Committee Taps Chambliss Bahner as Legal Counsel KERSEY-BORAH: Disclosure Statement Approval Hearing Held KEYSTONE PODIATRIC: Taps Gift CPAs as Accountant KIKO USA: Proposes Up to $5.5-Mil. of DIP Financing From Parent KIKO USA: Wants To Obtain Up to $5.5M in DIP Financing From Kiko KINEMED INC: Court Approves Disclosures; March 22 Plan Hearing LEGACY TRANSPORTATION: March 22 Plan and Disclosures Hearing LG MADRONE: Voluntary Chapter 11 Case Summary MACAVITY COMPANY: Still Seeking Funding for Development Proceeds MISSIONARY ASSEMBLY: Taps Income Tax Plus as Accountant MOUNTAIN CRANE: Seeks to Hire Ritchie Bros. as Auctioneer MOUNTAIN CRANE: Taps Cohne Kinghorn as Legal Counsel MOUNTAIN CRANE: Taps RMA as Accountant, Financial Advisor NOLES PARTNERS: March 28 Plan Confirmation Hearing PADCO ENERGY: Committee Blocks Approval of Plan Outline PATRIOT NATIONAL: Case Summary & 20 Largest Unsecured Creditors PETROLEUM TOWERS: Case Summary & 20 Largest Unsecured Creditors PHILADELPHIA ENERGY: Davis Polk Advises Term Loan B Lenders PIN OAK: Court OK's Appointment of Robert Johns as Ch. 11 Trustee PIN OAK: Trustee Taps Turner & Johns as Legal Counsel PINE FOREST ASSOCIATES: Taps Harriss & Hartman as Legal Counsel PLAZA BROADWAY: Court Directs Watchdog to Appoint Ch. 11 Trustee POSTO 9 LAKELAND: May Use Cash Collateral on Final Basis PRIME HOTEL: Case Summary & 11 Unsecured Creditors PROFESSIONAL RESOURCE: Taps Robert L. Cass as Financial Consultant PROTEA BIOSCIENCES: Court Denies Settlement with AzurRx Biopharma QUEST RARE: Creditors Vote in Favor of Proposal Under BIA RED MOUNTAIN: Black Shale Seeks Case Conversion SANTOS CONSTRUCTION: Taps Buddy D. Ford as Legal Counsel SCOTTISH RE: Files Chapter 11 to Implement Sale Plan SEADRILL LTD: US Trustee Objects to Disclosure Statement SHAPPHIRE RESOURCES: Court Okayed Cash Collateral Stipulation SHIEKH SHOES: May Borrow $5 Million Loan From Principal's Brother SKY HARBOR: Seeks to Hire Cushman & Wakefield as Broker SKY HARBOR: Taps Polsinelli as New Legal Counsel SPECTRUM HEALTHCARE: Court Inked 17th Cash Collateral Order SQUARE ONE: LG Acquisitions Buying Gainesville Property for $1.7M STERNSCHNUPPE LLC: Unsecureds to Get 100% Over 8 Years STONE CONNECTION: Case Summary & 20 Largest Unsecured Creditors SYU SING: Santa Clara Tax Collector to Get Full Payment at 18% THURMAN VASSEY: Taps Gardner Law Offices as Legal Counsel U.S.A. DAWGS: Case Summary & 20 Largest Unsecured Creditors VILLA PROPERTIES: Taps Rehmann Robson as Accountant VIVA MEXICO GRILL: Taps Mufthiha Sabaratnam as Legal Counsel WILLIAM FOCAZIO: Seeks to Hire Bederson as Accountant WILSON LAND: Case Summary & 9 Largest Unsecured Creditors WOMEN'S HEALTH: Wants Insurance Finance Pact With BankDirect WOODBRIDGE GROUP: Drinker Biddle Represents 71 Noteholders WOODBRIDGE GROUP: Jones, Womble Represent Utah Noteholder Group WOODBRIDGE GROUP: Venable Now Represents 10 Unitholders YORAVI INVESTMENTS: Taps Godreau & Gonzalez as Legal Counsel ZEKE'S WORLD: March 13 Disclosure Statement Approval Hearing ********* 111 BUSSE PARTNERS: Hires Porter Law as Attorney ------------------------------------------------ 111 Busse Partners, LLC, seeks authority from the U.S. Bankruptcy Court for the Northern District of Illinois to employ Porter Law Network, as attorney to the Debtor. 111 Busse Partners requires Porter Law to: (a) give the Debtor legal advice with respect to its powers and duties as a debtor-in-possession, in the continued management of its assets; (b) prepare such applications, motions, complaints, orders, reports, pleadings, plans, disclosure statements or other papers on Debtor's behalf that may be necessary regarding the bankruptcy case; (c) assist the Debtor in preparing and obtaining the Court's approval of a plan of reorganization and disclosure statement; to preserve the value of Debtors assets; (d) take such action as may be necessary with respect to claims that may be asserted against the Debtors; and (e) perform all other legal services for the Debtors which may be required regarding the bankruptcy case. Porter Law will be paid at these hourly rates: Attorneys $450 Associates $200-$350 Legal Assistants $175 Prior to the commencement of the case, the Manager of the Debtor, Gus Dahleh paid the filing fee of $1,717 and retainer funds in the amount of $2,000. Porter Law will also be reimbursed for reasonable out-of-pocket expenses incurred. Karen J. Porter, partner of Porter Law Network, assured the Court that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code and does not represent any interest adverse to the Debtor and its estates. Porter Law can be reached at: Karen J. Porter, Esq. PORTER LAW NETWORK 230 West Monroe, Suite 240 Chicago, IL 60606 Tel: (312) 372-4400 Fax: (312) 372-4160 About 111 Busse Partners 111 Bruse Partners, LLC, filed as a Single Asset Real Estate whose principal assets are located at 111 E Busse Ave Mount Prospect, IL 60056-3250. 111 Busse Partners filed a Chapter 11 petition (Bankr. N.D. Ill. Case No. 18-00152) on Jan. 3, 2018. In the petition, Gus F. Dahleh, manager, the Debtor estimated both assets and liabilities at $1 million to $10 million. The case is assigned to Judge Carol A. Doyle. The Debtor's bankruptcy counsel is Karen J Porter, Esq. of Porter Law Network. The Debtor hired Weissberg and Associates, Ltd., as special counsel. 90 WEST STREET: Case Summary & 7 Largest Unsecured Creditors ------------------------------------------------------------ Debtor: 90 West Street LLC 1600 63rd Street Brooklyn, NY 11204-2713 Business Description: 90 West Street LLC is a privately held company in Brooklyn, New York, engaged in activities related to real estate. The Company owns the real property occupied by its affiliate Woodbriar Health Center LLC, which operates a nursing home facility located at 90 West Street, Wilmington, Massachusetts. The Debtor, together with WHC, was organized in March 2015 to acquire the Facility for $22 million. The acquisition included both the real property on which the Facility is located and the nursing home itself. 90 West Street is related to Keen Equities, which sought bankruptcy protection on Nov. 12, 2013 (Bankr. E.D.N.Y. Case No. 13-46782). Chapter 11 Petition Date: January 30, 2018 Court: United States Bankruptcy Court Eastern District of New York (Brooklyn) Case No.: 18-40515 Judge: Hon. Carla E. Craig Debtor's Counsel: Kevin J Nash, Esq. GOLDBERG WEPRIN FINKEL GOLDSTEIN LLP 1501 Broadway, 22nd Floor New York, NY 10036 Tel: (212) 301-6944 Fax: (212) 422-6836 E-mail: KNash@gwfglaw.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Y.C. Rubin, chief restructuring officer. A full-text copy of the petition, along with a list of seven unsecured creditors, is available for free at: http://bankrupt.com/misc/nyeb18-40515.pdf A. HIRSCH REALTY: Taps Nicholson Herrick as Legal Counsel --------------------------------------------------------- A. Hirsch Realty, LLC seeks approval from the U.S. Bankruptcy Court for the District of Massachusetts to hire Nicholson Herrick LLP as its legal counsel. The firm will advise the Debtor regarding its duties under the Bankruptcy Code; assist in the preparation of a plan of reorganization; and provide other legal services related to its Chapter 11 case. The firm's hourly rates are: Partners $300 Associates $195 Paralegal $75 Nicholson received a retainer of $5,000, of which $2,130 was used to pay its pre-bankruptcy services and $1,717 for the filing fee. Kate Nicholson, Esq., a partner at Nicholson, disclosed in a court filing that she and other members of the firm are "disinterested" as defined in section 101(14) of the Bankruptcy Code. The firm can be reached through: Kate E. Nicholson, Esq. Nicholson Herrick LLP 21 Bishop Allen Drive Cambridge, MA 02139 Phone: (857) 600-0508 Email: knicholson@nicholsonherrick.com About A. Hirsch Realty LLC A. Hirsch Realty, LLC is a real estate company in Mattapan, Massachusetts. The company first filed for bankruptcy protection (Bankr. D. Mass. Case No. 12-12092) on March 14, 2012. A. Hirsch Realty, LLC sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Mass. Case No. 18-10043) on January 5, 2018. Andrew H. Sherman, manager, signed the petition. At the time of the filing, the Debtor disclosed that it had estimated assets and liabilities of $1 million to $10 million. Judge Joan N. Feeney presides over the case. ADVANCE LAWN: Hires Kinard-Barath Tax as Accountant --------------------------------------------------- Advance Lawn & Landscape, Inc., seeks authority from the U.S. Bankruptcy Court for the District of South Carolina to employ Kinard-Barath Tax Group, LLC, as accountant to the Debtor. Advance Lawn requires Kinard-Barath Tax to provide general accounting services to the Debtor as Debtor-in-possession. Kinard-Barath Tax will be paid at the hourly rate of $120. Kinard-Barath Tax will also be reimbursed for reasonable out-of-pocket expenses incurred. Katie D. Barath, partner of Kinard-Barath Tax Group, assured the Court that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code and does not represent any interest adverse to the Debtor and its estates. Kinard-Barath Tax can be reached at: Katie D. Barath KINARD-BARATH TAX GROUP, LLC 812 E. Main Street Duncan, SC 29334 Tel: (864) 439-0492 About Advance Lawn & Landscape Founded in 1999, Advance Lawn & Landscape Inc. -- http://advancelawninc.com-- is a landscaping company located in Spartanburg, South Carolina. Advance Lawn & Landscape sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D. S.C. Case No. 18-00122) on Jan. 11, 2018. Christopher Baragar, president, signed the petition. At the time of the filing, the Debtor disclosed $422,080 in assets and $1.41 million in liabilities. Judge Helen E. Burris presides over the case. Skinner Law Firm, LLC, is the Debtor's legal counsel. ADVANCED EDUCATIONAL: Committee Taps Lowenstein as Legal Counsel ---------------------------------------------------------------- The official committee of unsecured creditors of Advanced Educational Products, Inc. seeks approval from the U.S. Bankruptcy Court for the Western District of New York to retain Lowenstein Sandler LLP as its legal counsel. The firm will advise the Committee regarding its duties under the Bankruptcy Code; analyze claims of creditors; investigate the Debtor's business operation and financial condition; assist the committee in negotiations with the Debtor related to financing, asset sale or plan of reorganization; and provide other legal services related to the Debtor's Chapter 11 case. The firm's hourly rates are: Partners $600 - $1,285 Senior Counsel/Counsel $450 – $760 Associates $350 - $580 Paralegals/Assistants $135 - $340 Lowenstein has agreed to a discount of 10% from its regular hourly rates. Bruce Buechler, Esq., a partner at Lowenstein, disclosed in a court filing that his firm is a "disinterested person" as defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Bruce D. Buechler, Esq. Lowenstein Sandler LLP One Lowenstein Drive Roseland, NJ 07068 Tel: +1 973.597.2308 / 973.597.2500 Fax: +1 973.597.2309 / 973.597.2400 E-mail: bbuechler@lowenstein.com About Advanced Educational Products Based in Buffalo, New York, Advanced Educational Products, Inc. -- http://www.aepbooks.com/-- is a HUBZone Certified Small Business Concern and New York State contractor offering book and multimedia acquisition services to public and private institutions worldwide. Established in 1992, the company offers a comprehensive suite of fulfillment services tailored to meet the needs of government and institutional customers and their unique ordering and reporting requirements. The company's gross revenue amounted to $16.32 million in 2016 and $16.87 million in 2015. Kenneth A. Pronti holds a 100% shareholder interest in Advanced, and is its sole office and director. Advanced Educational Products, based in Buffalo, New York, filed a Chapter 11 petition (Bankr. W.D.N.Y. Case No. 17-12576) on Dec. 4, 2017. In its petition, the Debtor disclosed $2.18 million in assets and $6.54 million in liabilities. The Hon. Carl L. Bucki presides over the case. Arthur G. Baumeister, Jr., Esq., at Baumeister Denz, LLP, serves as bankruptcy counsel. On Dec. 29, 2017, the Office of the U.S. Trustee appointed an official committee of unsecured creditors. The Committee tapped Andreozzi Bluestein LLP as local counsel. AMJ PLUMBING: Court OKs Cash Use Until Jan. 18 ---------------------------------------------- The Hon. Meredith A. Jury of the U.S. Bankruptcy Court for the Central District of California, on Jan. 18, 2018, has approved the stipulation between AMJ Plumbing Specialists Corp. and Opus Bank on the Debtor's continued use of cash collateral during the period commencing on commencing on July 7, 2017 and terminating on the earlier of any of the following dates: (a) Jan. 19, 2018, or such further date as agreed to by Opus in writing or as ordered by the court, or (b) the date of the occurrence of an Event of Default. A full-text copy of the Order is available at: http://bankrupt.com/misc/cacb17-15717-96.pdf About AMJ Plumbing Headquartered in Rancho Cucamonga, California, AMJ Plumbing Specialists Corp., d/b/a AMJ Plumbing Specialists, is a commercial plumbing company that has more than 20 years of experience in the commercial plumbing field. AMJ Plumbing -- http://amjplumbingspecialists.com/-- offers a wide variety of plumbing-related new construction services including leak repairs, water heaters service, pump service, drain cleaning/jetting, backflow services, tenant improvements and sewer camera installation. AMJ Plumbing filed for Chapter 11 protection (Bankr. C.D. Cal. Case No. 17-15717) on July 7, 2017, disclosing $1.39 million in total assets and $2.15 million in total liabilities. Jose Ruvalcaba, Jr., president, signed the petition. Judge Meredith A. Jury presides over the case. David Lozano, Esq., and Frank Alvarado, Esq., at Lozano Law Center Inc., serve as the Debtor's legal counsel. ARCON HOMES: Hires Cunningham Chernicoff as Counsel --------------------------------------------------- Arcon Homes, LLC, seeks authority from the U.S. Bankruptcy Court for the Middle District of Pennsylvania to employ Cunningham Chernicoff & Warshawsky, P.C., as counsel to the Debtor. Arcon Homes requires Cunningham Chernicoff to: a. give the Debtor legal advice regarding its powers and duties as Debtor-in-Possession in the continued operation of its business and management of its property; b. prepare and file on behalf of the Debtor, as Debtor-in- Possession, the original Petition and Schedules, and all necessary applications, complaints, answers, orders, reports and other legal papers; and c. perform all other legal services for the Debtor, as Debtor- in-Possession, which may be necessary. Cunningham Chernicoff will be paid at these hourly rates: Partners $200-$350 Associates $150-$200 Paralegals $100 In the period prior to the filing of the Petition, the Debtor paid the sum of $3,770, for the case of Arcon Properties, LLC, and $565 for the case of the Debtor, all of which was paid in the period immediately prior to the filing of the Petition. Cunningham Chernicoff was paid a retainer in the amount of $15, 665 by the Debtor and its affiliate Arcon Properties, LLC. Cunningham Chernicoff will also be reimbursed for reasonable out-of-pocket expenses incurred. Robert E. Chernicoff, a partner at Cunningham Chernicoff, assured the Court that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code and does not represent any interest adverse to the Debtor and its estates. Cunningham Chernicoff can be reached at: Robert E. Chernicoff, Esq. CUNNINGHAM CHERNICOFF & WARSHAWSKY, P.C. 2320 North Second Street P. O. Box 60457 Harrisburg, PA 17106-0457 Tel: (717) 238-6570 About Arcon Homes Arcon Homes, LLC, filed a Chapter 11 bankruptcy petition (Bankr. M.D. Pa. Case No. 18-00213) on Jan. 22, 2018. The Debtor's counsel is Robert E. Chernicoff, Esq., at Cunningham Chernicoff & Warshawsky, P.C. ARO LIQUIDATION: Term Loan Lenders Received Distribution of $130K ----------------------------------------------------------------- ARO Liquidation, Inc. and its affiliated debtors filed a revised third amended disclosure statement for their amended joint chapter 11 plan of liquidation dated Jan. 23, 2018. The latest filing changed the treatment of Class 3 and Class 5 creditors. Class 3, Term Loan Secured Claims, is impaired under the plan. The Plan and the treatment of the Term Loan Secured Claim provided for incorporate the terms of a settlement between the Term Loan Lenders and the Debtors. Confirmation of the Plan will constitute approval of such settlement in accordance with Bankruptcy Rule 9019. The Term Loan Secured Claim will be an Allowed Claim in the amount of $150 million, plus accrued and unpaid interest in the amount of $10,359,927, plus all fees and costs recoverable under the Term Loan Agreement, minus any amounts the Debtors pay to the Term Loan Lenders before Confirmation of the Plan. Pursuant to the Cash Collateral Orders, the Term Loan Lenders have received an interim distribution in the amount of $130,000,000. The Term Loan Lenders will be entitled to retain all Cash previously received from the Debtors through the Effective Date. In addition, the Term Loan Lenders will receive payment of all Available Cash, up to a total amount of the Allowed Term Loan Secured Claim in full and final satisfaction of such Claim, payable on the Initial Distribution Date and from time to time thereafter and otherwise in accordance with the Cash Collateral Orders. In no event will the holders of the Term Loan Secured Claim receive Distributions on account of such Claim in excess of the Allowed amount of such Claim. Class 5, General Unsecured Claims, is impaired under the plan. In light of the fact that the Term Loan Secured Claim and the Term Loan Diminution Claim are not anticipated to be satisfied in full, Holders of General Unsecured Claims shall not receive or retain any property under the Plan on account of such Claims. Despite the fact that there will be no distributions to holders of General Unsecured Claims, the Official Committee of Unsecured Creditors appointed in the Chapter 11 Cases supports confirmation of the Plan. A full-text copy of the Revised Third Amended Disclosure Statement is available at: http://bankrupt.com/misc/nysb16-11275-1616.pdf About ARO Liquidation Aeropostale, Inc. (OTC Pink: AROPQ) is a specialty retailer of casual apparel and accessories, principally serving young women and men through its Aeropostale(R) and Aeropostale Factory(TM) stores and website and 4 to 12 year-olds through its P.S. From Aeropostale stores and website. The Company provides customers with a focused selection of high quality fashion and fashion basic merchandise at compelling values in an exciting and customer friendly store environment. Aeropostale maintains control over its proprietary brands by designing, sourcing, marketing and selling all of its own merchandise. As of May 1, 2016, the Company operated 739 Aeropostale(R) stores in 50 states and Puerto Rico, 41 Aeropostale stores in Canada and 25 P.S. from Aeropostale(R) stores in 12 states. In addition, pursuant to various licensing agreements, the Company's licensees currently operate 322 Aeropostale(R) and P.S. from Aeropostale(R) locations in the Middle East, Asia, Europe, and Latin America. Since November 2012, Aeropostale, Inc., has operated GoJane.com, an online women's fashion footwear and apparel retailer. Aeropostale, Inc., and 10 of its affiliates each filed a voluntary petition under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y. Lead Case No. 16-11275) on May 4, 2016. The petitions were signed by Marc G. Schubac, senior vice president, general counsel and secretary. The Debtors disclosed assets of $354.38 million and total debt of $390.02 million as of Jan. 30, 2016. The Debtors hired Weil, Gotshal & Manges LLP as counsel; FTI Consulting, Inc., as restructuring advisor; Stifel, Nicolaus & Company, Inc., and Miller Buckfire & Company LLC as investment bankers; RCS Real Estate Advisors as real estate advisors; Prime Clerk LLC as claims and noticing agent; Stikeman Elliot LLP as Canadian counsel; and Togut, Segal & Segal LLP as conflicts counsel. Judge Sean H. Lane is assigned to the cases. The U.S. trustee for Region 2 on May 11, 2016, appointed seven creditors of Aeropostale Inc. to serve on the official committee of unsecured creditors. The Committee retained Pachulski Stang Ziehl & Jones LLP as counsel. On June 29, 2017, Judge Lane authorized changes to the Debtors' corporate names in relation to their bankruptcy cases. The new name for Aeropostale Inc. is now ARO Liquidation, Inc., Case No. 16-11275. ART LLC: Hires Jeffer Mangels as Special Counsel ------------------------------------------------ ART, LLC, seeks authority from the U.S. Bankruptcy Court for the Northern District of California to employ Jeffer Mangels Butler & Mitchell LLP, as special counsel to the Debtor. ART, LLC requires Jeffer Mangels to: a. represent the Debtor in connection with litigation entitled Seiko Epson Corp. v. InkSystem, LLC, et al., United States District Court, District of Nevada, Case No. 3:16-cv-00524- RCJ-VPC, including to provide advice and assistance to the Debtor's general bankruptcy counsel in responding to any pleadings or motions filed by Epson; b. advise and assist the Debtor in the early stages of the case in connection with the preparation of certain documents to be filed with the Bankruptcy Court and the Office of the U.S. Trustee, including, without limitation, Schedules of Assets and Liabilities, Statement of Financial Affairs, Statement of Equity Security Holders, and the Initial Debtor Checklist; and c. represent the Debtor in connection with any matters as to which the Debtor's general bankruptcy counsel might have a conflict of interest. Jeffer Mangels will be paid at these hourly rates: Michael Hansen, Partner $895 Bennett G. Young, Partner $765 Jeffer Mangels was paid an initial retainer of $150,000 on December 26, 2017. The initial retainerwas received in connection with Jeffer Mangels's engagement by the Debtor and Koshkalda in connection with the InkSystems Case. On January 4, 2018, Jeffer Mangels was paid an additional retainer in the amount of $60,000. The amount of $31,368.85 of the Retainer was applied to prepetition services rendered and expenses incurred, leaving a balance of $178,631.15 as of the Petition Date. The Debtor has requested that Jeffer Mangels transfer $100,000 of the Retainer to Rimon, P.C., the Debtor's general bankruptcy counsel, which Jeffer Mangels as done. The source of the Retainer was an unsecured loan from AIIRAM, LLC to Koshkalda. The sole member of AIIRAM LLC is Mariia Kravchuk. Jeffer Mangels will also be reimbursed for reasonable out-of-pocket expenses incurred. Bennett G. Young, partner of Jeffer Mangels Butler & Mitchell LLP, assured the Court that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code and does not represent any interest adverse to the Debtor and its estates. Jeffer Mangels can be reached at: Bennett G. Young, Esq. JEFFER MANGELS BUTLER & MITCHELL LLP Two Embarcadero Center, 5th Floor San Francisco, CA 94111-3813 Tel: (415) 398-8080 Fax: (415) 398-5584 E-mail: byoung@jmbm.com About ART, LLC ART LLC, based in San Francisco, CA, filed a Chapter 11 petition (Bankr. N.D. Cal. Case No. 18-30014) on January 5, 2018. The Hon. Hannah L. Blumenstiel presides over the case. Bennett G. Young, Esq., at Jeffer Mangels Butler & Mitchell LLP, serves as bankruptcy counsel. In its petition, the Debtor estimated $1 million to $10 million in assets and $10 million to $50 million in liabilities. The petition was signed by Artem Koshkalda, managing member. ATHENS INTERESTS: Plan Discloses Sale of Interest in Athens Project ------------------------------------------------------------------- Athens Interests, LLC, filed with the U.S. Bankruptcy Court for the Eastern District of Texas an amended plan of reorganization dated Jan. 16, 2018. Class 4 under the amended plan is the Athens Interests, LLC is the Allowed Claim of John Wright Construction, Inc. This class is not impaired under this Plan and will be satisfied as follows: The Debtor executed that certain Subcontract Agreement No.001 with John Wright Construction on May 16, 2016. Under the Agreement, Wright was to perform certain work on the Athens Project as more fully described in the Agreement. Wright has filed a Proof of Claim in the amount of $143,344 asserting unpaid amounts due under the Agreement. On or about Oct. 11, 2016, Wright filed its Affidavit of Mechanic & Materialman's Lien asserted a lien on the Athens Project property. On July 24, 2017 Wright filed a secured Proof of Claim in the amount of $143,344. On or about Dec. 11, 2017, Old Boerne purchased the Class 4 claim from Wright and such Class 4 claim has been transferred to Old Boerne. Upon confirmation of the Plan in accordance with the sale by Debtor of its interest in the Athens Project to Snow Residences, LLC, Maku Holding, LLC as the holder of the Class 4 claim, will release its lien on the Property. A fundamental component of this Plan is the sale of the Debtor's interest in the Athens Project. The confirmation of this Plan will serve as a Court finding that the Debtor has determined in the exercise of their reasonable business judgment to sell its interest in the Athens Project. The Debtor has demonstrated good, sufficient and sound business reasons and justification for the sale of its interest in The Athens Project as requested in the Plan. The sale of the interest in the Athens Project is in the best interests of the Debtor, its estate and its creditors. The consideration to be paid constitutes adequate and fair value for the Debtor's interest in the Athens Project. The sale of the interest in the Athens Project was negotiated and entered into in good faith and from arm's-length positions between the Debtor and the purchaser. The purchaser of the interest in the Athens Project is a good faith purchaser. A copy of the Amended Plan is available at: http://bankrupt.com/misc/txeb17-40693-49.pdf Athens Interests, LLC filed a Chapter 11 bankruptcy petition (Bankr. E.D. Tex. Case No. 17-40693) on April 3, 2017, listing under $1 million in both assets and liabilities. AVALON MOBILITY: Hires The Law Offices of C.R. Hyde as Counsel -------------------------------------------------------------- Avalon Mobility, Inc., seeks authority from the U.S. Bankruptcy Court for the District of Arizona to employ The Law Offices of C.R. Hyde, PLC, as counsel to the Debtor. Avalon Mobility requires The Law Offices of C.R. Hyde to: a) provide the Debtor with legal advice and assistance as to their powers and duties as debtor-in-possession in the continued operation of their affairs; b) provide legal advice and assistance to the Debtor as is necessary to preserve and protect assets, to arrange for a continuation of the working capital and other financing, to prepare all necessary applications, answers, orders, reports and other legal documents; c) appear before the Bankruptcy Court to represent and protect the interests of the Debtor and his estate; d) negotiate with the Debtor's creditors and taking the necessary legal steps to confirm and consummate a plan of reorganization; e) provide other legal services as may be necessary during the course of the bankruptcy proceedings. The Law Offices of C.R. Hyde will be paid at these hourly rates: Attorneys $300 Paralegals $75 The Law Offices of C.R. Hyde received a retainer in the amount of $17,717, including the $1,717 filing fee. The Law Offices of C.R. Hyde will also be reimbursed for reasonable out-of-pocket expenses incurred. Charles R. Hyde, managing partner of The Law Offices of C.R. Hyde, PLC, assured the Court that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code and does not represent any interest adverse to the Debtor and its estates. The Law Offices of C.R. Hyde can be reached at: Charles R. Hyde, Esq. THE LAW OFFICES OF C.R. HYDE, PLC 325 W. Franklin St., Suite 103 Tucson, AZ 85701 Tel: (520) 270-1110 E-mail: crhyde@gmail.com About Avalon Mobility Avalon Mobility, Inc., doing business as Desert Sun Moving Services, is a full-service provider of residential, corporate and international relocation services in Tucson and Phoenix, Arizona. The company -- http://www.desertsunmovers.com/-- assists its customers in moving heavy and light-weight items of all types, including pianos and antiques; provides the necessary packing and moving supplies and stores belongings short or long-term. Desert Sun has been in business for over 17 years. Avalon Mobility, based in Tucson, AZ, filed a Chapter 11 petition (Bankr. D. Ariz. Case No. 18-00503) on Jan. 18, 2018. In the petition signed by Brenda Huffman, president, the Debtor estimated $1 million to $10 million in assets and $100 million to $500 million in liabilities. The Hon. Scott H. Gan presides over the case. Charles R. Hyde, Esq., at The Law Offices of C.R. Hyde, PLC, serves as bankruptcy counsel. AVALON MOBILITY: Wants to Continue Using Cash Collateral -------------------------------------------------------- Avalon Mobility, Inc., asks the U.S. Bankruptcy Court for the District of Arizona to authorize its continued use of cash collateral in order to meet its ongoing obligations as it seeks to reorganize under Chapter 11 consistent with the Budget. The Debtor asserts it is necessary that it be permitted to utilize its cash, receivables and other collateral that may be subject to a lien interest of any kind in order to operate. Foremost, the Debtor needs to pay wages to its employees and a corresponding motion is filed contemporaneous to the foregoing motion. JP Morgan Chase Bank, N.A. is owed approximately $100,000 on a secured line of credit. Chase may have a lien interest in the cash, accounts, receivables, intangibles, among other assets of the Debtor. United Van Lines and the Debtor are parties to an agreement that provides for United Van Lines to remit to the Debtor monies upon completion of moving/storage orders that United Van Lines originates. Therefore, United Van Lines is in possession of property of the estate and fully secured by receivables it will receive before any monies are remitted to the Debtor. In order to run its business effectively, the Debtor asserts that it must continue to make use of the cash collateral it receives in order to meet its ongoing obligations as it seeks to reorganize under Chapter 11. The Debtor tells the Court that timely payment of the expenses included in the budget is essential for the Debtor to continue in business for at least the next forty five days while a plan is being formulated. The Debtor believes that the amount of Chase's secured claim is less than half the receivables owed to the Debtor as of the Order for Relief. Further, the Debtor owns unencumbered property that is of a value that adequately protects Chase's claim. A full-text copy of the Debtor's Motion is available at: http://bankrupt.com/misc/azb18-00503-8.pdf About Avalon Mobility, Inc. Avalon Mobility, Inc., d/b/a Desert Sun Moving Services, is a full-service provider of residential, corporate and international relocation services in Tucson and Phoenix, Arizona. The company -- http://www.desertsunmovers.com/-- assists its customers in moving heavy and light-weight items of all types, including pianos and antiques; provides the necessary packing and moving supplies and stores belongings short or long-term. Desert Sun has been in business for over 17 years. Avalon Mobility filed a Chapter 11 petition (Bank. D. Ariz. Case No. 18-00503) on Jan. 18, 2018. In the petition signed by Brenda Huffman, president, the Debtor estimated $1 million to $10 million in assets and $100 million to $500 million in liabilities. The case is assigned to Judge Scott H. Gan. The Debtor is represented by Charles R. Hyde, Esq. of the Law Offices of C.R. Hyde, PLC, as counsel. BALDWIN PARK: Feb. 15 Final Cash Collateral Hearing Set ------------------------------------------------------- The Hon. Julia W. Brand of the U.S. Bankruptcy Court for the Central District of California, at the behest of Baldwin Park Congregate Home, Inc., has approved the use of cash collateral through and including the final hearing on the Debtor's continued use of cash collateral scheduled on Feb. 15, 2018 at 10:00 a.m. A full-text copy of the Court's Order is available at: http://bankrupt.com/misc/cacb17-13634-285.pdf About Baldwin Park Congregate Home Baldwin Park Congregate Home, Inc., owns and operates a skilled nursing facility in Baldwin Park, California. Baldwin Park Congregate Home filed for Chapter 11 bankruptcy protection (Bankr. C.D. Cal. Case No. 17-13634) on March 24, 2017, estimating assets in the range of $0 to $50,000 and liabilities of up to $10 million. Eileen Cambe, the CEO, signed the petition. The Hon. Julia W. Brand presides over the case. The Debtor's counsel is Giovanni Orantes, Esq., of the Orantes Law Firm. Joseph Rodrigues was appointed Patient Care Ombudsman in the case. BIG MAX: Taps Archers Capital as Real Estate Broker --------------------------------------------------- Big Max, LLC, seeks approval from the U.S. Bankruptcy Court for the Northern District of California to hire Archers Capital as real estate broker. The firm, through its broker Michael Cheng, will assist the Debtor in the sale of its properties located at 88 E. San Fernando Street, Units C-89 and C-99, San Jose, California. Archers Capital will be paid a commission of 5% of the purchase price. The listing price for the properties is $2.6 million. Mr. Cheng disclosed in a court filing that he has no connection with the Debtor or any of its creditors. Archers Capital can be reached through: Michael Cheng Archers Capital 2570 North First Street San Jose, CA 95131 Tel: (650) 275-2594 Fax: (408) 549-3393 E-mail: michael@archerscapital.com About Big Max LLC Founded in 2012, Big Max, LLC is a single asset real estate (as defined in 11 U.S.C. Section 101(51B)). The company owns a commercial real property located at 88 E. San Fernando Street, Unit Nos. C-89 and C-99, San Jose, California, valued by the company at $3 million. The property is placed under pending sales status subject to the court's approval and overbid procedures. Big Max sought protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Cal. Case No. 18-30031) on Jan. 10, 2018. In the petition signed by Tsai Luan Ho, manager and owner, the Debtor disclosed $5.71 million in assets and $10.03 million in liabilities. Judge Dennis Montali presides over the case. The Debtor tapped Hinds & Shankman, LLP as its legal counsel, Miller Starr Regalia as litigation counsel, and Archers Capital as real estate broker. BIG MAX: Taps Hinds & Shankman as Legal Counsel ----------------------------------------------- Big Max, LLC seeks approval from the U.S. Bankruptcy Court for the Northern District of California to hire Hinds & Shankman, LLP as its legal counsel. The firm will advise the Debtor regarding its duties under the Bankruptcy Code; help the Debtor craft a strategy to sell its properties; and provide other legal services related to its Chapter 11 case. The firm's hourly rates range from $200 to $695 for the services of its attorneys and from $90 to $200 for paraprofessionals. Hinds & Shankman received a pre-bankruptcy retainer in the sum of $25,000, plus $1,717 for the filing fee. Paul Shankman, Esq., disclosed in a court filing that he and his firm do not hold any interest adverse to the Debtor's estate. Hinds & Shankman can be reached through: James Andrew Hinds, Jr., Esq. Paul R. Shankman, Esq. Rachel M. Sposato, Esq. Hinds & Shankman, LLP 21257 Hawthorne Blvd., Second Floor Torrance, CA 90503 Tel: (310) 316-0500 Fax: (310)792-5977 Email: jhinds@jhindslaw.com Email: pshankman@jhindslaw.com Email: rsposato@jhindslaw.com About Big Max LLC Founded in 2012, Big Max, LLC is a single asset real estate (as defined in 11 U.S.C. Section 101(51B)). The company owns a commercial real property located at 88 E. San Fernando Street, Unit Nos. C-89 and C-99, San Jose, California, valued by the company at $3 million. The property is placed under pending sales status subject to the court's approval and overbid procedures. Big Max sought protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Cal. Case No. 18-30031) on Jan. 10, 2018. In the petition signed by Tsai Luan Ho, manager and owner, the Debtor disclosed $5.71 million in assets and $10.03 million in liabilities. Judge Dennis Montali presides over the case. The Debtor tapped Hinds & Shankman, LLP as its legal counsel, Miller Starr Regalia as litigation counsel, and Archers Capital as real estate broker. BIG MAX: Taps Miller Starr as Special Counsel --------------------------------------------- Big Max, LLC seeks approval from the U.S. Bankruptcy Court for the Northern District of California to hire Miller Starr Regalia as special counsel. The firm will represent the Debtor in litigation, including a case filed in Santa Clara Superior Court (YCJS2012 LLC v. Ho, et al. 16CV299976); and assist in resolving disputes involving its real properties located in San Jose, California. The firm's hourly rates range from $425 to $650 for shareholders, $250 to $495 for associates and senior counsel, and $150 to $250 for paraprofessionals. Lewis Soffer, Esq., and Kenneth Styles, Esq., the attorneys who will be representing the Debtor, will charge $450 per hour and $400 per hour, respectively. Mr. Styles disclosed in a court filing that he and his firm are "disinterested" as defined in Section 101(14) of the Bankruptcy Code. Miller Starr can be reached through: Lewis Soffer, Esq. Kenneth Styles, Esq. Miller Starr Regalia 1331 N. California Blvd., Fifth Floor Walnut Creek, CA 94596 Tel: 415-638-4807 / 415-638-4808 E-mail: lewis.soffer@msrlegal.com ken.styles@msrlegal.com About Big Max LLC Founded in 2012, Big Max, LLC is a single asset real estate (as defined in 11 U.S.C. Section 101(51B)). The company owns a commercial real property located at 88 E. San Fernando Street, Unit Nos. C-89 and C-99, San Jose, California, valued by the company at $3 million. The property is placed under pending sales status subject to the court's approval and overbid procedures. Big Max sought protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Cal. Case No. 18-30031) on Jan. 10, 2018. In the petition signed by Tsai Luan Ho, manager and owner, the Debtor disclosed $5.71 million in assets and $10.03 million in liabilities. Judge Dennis Montali presides over the case. The Debtor tapped Hinds & Shankman, LLP as its legal counsel, Miller Starr Regalia as litigation counsel, and Archers Capital as real estate broker. BLUFF CREEK: Unsecured Creditors to Get 25% Under Chapter 11 Plan ----------------------------------------------------------------- Bluff Creek Timber Co., LLC, filed with the U.S. Bankruptcy Court for the Northern District of Alabama a disclosure statement with respect to its plan of reorganization, which provide that for monthly payments of $175.00, split on a pro-rata basis between all general unsecured creditors (currently, $42,544.79 in Class claims), until the sum of 25% of the total allowed claims are paid. Thereafter, any remaining balance on the claims in the Class of General Unsecured Creditors will be discharged. Payments to general unsecured creditors are estimated to last for a term of 60 months. On the Effective Date, the Debtor will first fund payments to the holders of Allowed Administrative Claims. Because the "New Value" rule will apply, the equity security holders will contribute $1,000.00 by the effective Date of the Plan. A full-text copy of the Disclosure Statement dated December 20, 2017, is available at: http://bankrupt.com/misc/alnb17-82652-71.pdf About Bluff Creek Timber Co. Bluff Creek Timber Co., LLC, filed for Chapter 11 bankruptcy protection (Bankr. N.D. Ala. Case No. 17-82652) on Sept. 6, 2017, estimating its assets at between $100,000 and $500,000 and liabilities at between $500,000 and $1 million. The petition was signed by Susan Wood, vice president. Tazewell Shepard, Esq., at Tazewell Shepard, P.C., serves as the Debtor's bankruptcy counsel. BOBILEFF CORPORATION: Voluntary Chapter 11 Case Summary ------------------------------------------------------- Debtor: Bobileff Corporation dba Bobileff Motorcar Company 9219 Mira Este Court San Diego, CA 92126 Business Description: Bobileff Corporation, headquartered in San Diego, California, is a full service provider of automotive repair and maintenance. The Company specializes in the restoration and sale of select used Italian cars like Ferrari, Lamborghini, Maserati. Gary Bobileff founded the Company in 1979. http://www.bobileff.com/ Chapter 11 Petition Date: January 30, 2018 Court: United States Bankruptcy Court Southern District of California (San Diego) Case No.: 18-00459 Debtor's Counsel: Jack Fitzmaurice, Esq. FITZMAURICE & DEMERGIAN 339 Hilltop Drive, Suite 101 Chula Vista, CA 91910 Tel: 619-591-1000 Fax: 619-591-1010 E-mail: jackf@fitzmauricelaw.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Gary Bobileff, president. The Debtor did not file a list of its 20 largest unsecured creditors on the Petition Date. A full-text copy of the petition is available for free at: http://bankrupt.com/misc/casb18-00459.pdf BON-TON STORES: Closing 42 Stores, Hilco On Board as Liquidator --------------------------------------------------------------- Milwaukee, Wisconsin-based The Bon-Ton Stores, Inc. announced the 42 locations that will be closed as part of its previously communicated store rationalization program. The closing stores will include locations under all of the Company's nameplates. In order to ensure a seamless experience for customers, Bon-Ton has partnered with a third-party liquidator, Hilco Merchant Resources, to help manage the store closing sales. The store closing sales were scheduled to begin on February 1, 2018, and run for approximately 10 to 12 weeks. Associates at these locations will be offered the opportunity to interview for available positions at other store locations. The closing locations announced are in addition to five other recently announced store closures, four of which the Company completed at the end of January and one at which the Company will conclude its closing sale in February. The full list of closing stores is available at https://is.gd/d1oBfy The Company disclosed Monday that it has engaged in discussions, pursuant to a non-disclosure agreement, with certain noteholders under the indenture governing the 8.00% Second Lien Senior Secured Notes due 2021 issued by The Bon-Ton Department Stores, Inc., a wholly owned subsidiary of the Company, and guaranteed by the Company and its other direct and indirect subsidiaries, regarding potential restructuring alternatives. Paul Gores, writing for the Milwaukee Journal Sentinel, reported that Bon-Ton has been unprofitable for the past six years and recently missed a $14 million debt payment, fueling speculation the company would file for bankruptcy. As reported by the Troubled Company Reporter on Jan. 19, 2018, The Bon-Ton Stores, Inc., has entered into forbearance agreements with its ABL Credit Agreement lenders and an ad hoc group of holders of approximately 75% in aggregate principal amount of the Company's 8.0% Second Lien Secured Notes due 2021. Under the terms of the Forbearance Agreements, the ABL Credit Agreement lenders and the forbearing holders of the 2L Notes have agreed to forbear from exercising any and all remedies available to them as a result of the Company not making the interest payment due on the Notes on Dec. 15, 2017, subject to customary terms and conditions. The Forbearance Agreements will expire on Jan. 26, 2018, unless further extended by the parties. The forbearance period under the ABL forbearance agreement will be automatically extended to Feb. 4, 2018 if the forbearing holders of the 2L Notes agree to extend to that date. The Journal Sentinel report noted that documents made public Jan. 29 indicate the restructuring could take place out of court or in bankruptcy court with a Chapter 11 filing as soon as Sunday, Feb. 4. Under the restructuring plan, $45 million in cash would need to be raised, possibly from venture capital funds, industry investors or others, giving the new investor a controlling interest in the company, the Journal Sentinel added. The documents suggest that existing shares of Bon-Ton Stores Inc. stock would be wiped out in the restructuring plan. "While it is often optimal for companies to try to do restructuring out of court -- and the reasons would be to avoid the cost and the disruption of a Chapter 11 proceeding -- it appears that Bon-Ton has a restructuring proposal that leaves open the possibility of doing it out of court or through a prearranged Chapter 11 plan of reorganization," bankruptcy expert Peter Blain, of Milwaukee-based Reinhart Boerner Van Deuren, told the Journal Sentinel. Mr. Blaim who examined the documents Monday. Mr. Blain said Bon-Ton has hired AlixPartners as consultant for the turnaround effort, the report added. "As part of the comprehensive turnaround plan we announced in November, we are taking the next steps in our efforts to move forward with a more productive store footprint," Bill Tracy, president and chief executive officer for The Bon-Ton Stores, said Wednesday. "Including other recently announced store closures, we expect to close a total of 47 stores in early 2018. We remain focused on executing our key initiatives to drive improved performance in an effort to strengthen our capital structure to support the business going forward." Mr. Tracy continued, "We would like to thank the loyal customers who have shopped at these locations and express deep gratitude to our team of hard-working associates for their commitment to Bon-Ton and to serving our customers." About The Bon-Ton Stores The Bon-Ton Stores, Inc., (OTCQX: BONT), with corporate headquarters in York, Pennsylvania and Milwaukee, Wisconsin -- http://www.bonton.com/-- operates 260 stores, which includes nine furniture galleries and four clearance centers, in 24 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner's, Boston Store, Carson's, Elder-Beerman, Herberger's and Younkers nameplates. The stores offer a broad assortment of national and private brand fashion apparel and accessories for women, men and children, as well as cosmetics and home furnishings. Bon-Ton Stores reported a net loss of $63.41 million for the year ended Jan. 28, 2017, a net loss of $57.05 million for the fiscal year ended Jan. 30, 2016, and a net loss of $6.97 million for the year ended Jan. 31, 2015. As of Oct. 28, 2017, Bon-Ton Stores had $1.58 billion in total assets, $1.74 billion in total liabilities and a total shareholders' deficit of $155.96 million. * * * As reported by the Troubled Company Reporter, Egan-Jones Ratings Company, on Jan. 3, 2018, downgraded the foreign currency and local currency senior unsecured ratings on debt issued by The Bon-Ton Stores Inc. to C from CCC-. EJR also lowered the foreign currency and local currency commercial paper ratings on the Company to D from C. As reported by the TCR on Jan. 19, 2018, Moody's Investors Service downgraded The Bon-Ton Stores Inc.'s Probability of Default Rating ("PDR") to Ca-PD/LD from Caa3-PD and Corporate Family Rating ("CFR") to Ca from Caa3 due to the company's announcement that it has entered forbearance agreements following the expiration of the 30-day grace period on its missed interest payment. As reported by the TCR on Dec. 21, 2017, S&P Global Ratings lowered its corporate credit rating on Bon-Ton Stores to 'SD' (selective default) from 'CCC'. The downgrade follows Bon-Ton's recent announcement that it did not make a $14 million interest payment on its 8% second-lien notes due on Dec. 15. BRAVA DEVELOPERS: Case Summary & Unsecured Creditor --------------------------------------------------- Debtor: Brava Developers Corp. PO Box 3338 Mayaguez, PR 00681 About the Debtor: Brava Developers Corp.'s principal place of business is located at Calle McKinley 238, Mayaguez, PR 00681. Chapter 11 Petition Date: January 30, 2018 Court: United States Bankruptcy Court District of Puerto Rico (Ponce) Case No.: 18-00431 Judge: Hon. Edward A Godoy, Esq. Debtor's Counsel: Alberto O. Lozada Colon, Esq. BUFETE LOZADA COLON C.S.P. PO BOX 430 Mayaguez, PR 00681-430 Tel: 787 833-6323 E-mail: lozada1954@hotmail.com Estimated Assets: $0 to $50,000 Estimated Liabilities: $1 million to $10 million The petition was signed by Luis Augusto Vargas Rodriguez, president. The Debtor listed PR Asset Portfolio International as its sole unsecured creditor holding a claim of $1.50 million. A full-text copy of the petition is available for free at: http://bankrupt.com/misc/prb18-00431.pdf CAPTAIN TRANSPORT: Taps Crisp & Gravley as Accountant ----------------------------------------------------- Captain Transport & Recovery Inc. and Northland Recovery Bureau, Inc. received approval from the U.S. Bankruptcy Court for the District of Minnesota to hire Crisp & Gravley, LLC as accountant. The firm will assist the Debtors in the preparation of tax returns; perform financial reporting; and provide other accounting and tax-related services. The firm will charge an hourly fee of $175 for its services. Tracey Crisp, a member of Crisp & Gravley, disclosed in a court filing that the firm is a "disinterested person" as defined in section 101(14) of the Bankruptcy Code. The firm can be reached through: Tracey Crisp Crisp & Gravley, LLC 1601 E. Highway 13, Suite 210 Burnsville, MN 55337 Direct Line: 952-646-2737 Office: (952)890-9564 Fax: (952)890-9402 E-mail: tracey@CrispAndGravley.com info@CrispAndGravley.com About Captain Transport Captain Transport & Recovery, Inc., is a privately held transportation company in Burnsville, Minnesota, that provides cargo loading and unloading services. Captain Transport, a small business debtor as defined in 11 U.S.C. Section 101(51D), is the fee simple owner of a real property located at 1800 Highway 13 W, Burnsville, MN, valued by the Company at $1.2 million. The Company posted gross revenue of $925,880 in 2016 and gross revenue of $883,637 in 2015. Captain Transport & Recovery, Inc., and Northland Recovery Bureau, Inc. filed Chapter 11 petitions (Bankr. D. Minn. Case Nos. 17-33195 and 17-33196) on Oct. 9, 2017. Joint administration of the cases is currently pending before the Court. Captain Transport's petition was signed by its president and CEO, Kayihan Serant. At the time of filing, the Captain Transport had $1.53 million in total assets and $1.88 million in total liabilities. The case is assigned to Judge William J Fisher. The Debtors are represented by John D. Lamey, III, Esq., of the Lamey Law Firm, P.A. CARILLION CANADA: Gets Initial Order to Restructure Under CCAA -------------------------------------------------------------- The Ontario Superior Court of Justice (Commercial List), Toronto, Canada, issued an initial order approving the application of Ernst & Young Inc. to obtain a stay of proceedings to allow the Carillion Canada Holdings Inc., Carillion Canada Inc., Carillion Canada Finance Corp., and Carillion Construction Inc., ("companies") an opportunity to restructure their business and affairs. The Court approved Ernst & Young LLP as monitor of the companies in their Companies' Creditors Arrangement Act proceedings. According to court documents, the Companies were largely dependent on cash and other resources from their parent Carillion PLC and certain of its related companies in the United Kingdom in connection with certain business operations. The UK liquidation proceedings disrupted the companies' existing cash management system, and Carillion PLC's cash sweep of approximately $28 million on Jan. 12, 2018, left the Companies with a negligible cash balance. This resulted in the Companies experiencing significant liquidity issues. Presently, the Companies have no access to credit facilities or overdraft facilities. Therefore, the companies have made significant efforts to manage their limited cash resources. Further, due to the UK liquidation proceedings, the Carillion Canada Group, which comprised the companies and their respective direct and indirect subsidiaries including non-applicant stay parties, has received notifications of certain defaults with respect to certain performance bonds and letters of credit that were previously provided by Carillion PLC for the benefit of the Carillion Canada Group. Accordingly, the Companies need a stay of proceedings to stabilize and restructure their operations. Carillion Canada et al., retained as counsel: Pamela L.J. Huff, Esq. Aryo Shalviri, Esq. Blake, Cassels, & Graydon LLP Suite 400, Commerce Court West 199 Bay Street Toronto, ON M5L 1A9 Tel: 416-863-2962 Fax: 416-863-2653 Email: peter.rubin@blakes.com aryo.shalviri@blakes.com Ernst & Young can be reached at: Ernst & Young Inc. Murray Allan McDonald Monitor's Representative 100 Adelaide St West, PO Box 1 Toronto, ON M5H 0B3 Tel: 416-943-3016 Email: murray.a.mcdonald@ca.ey.com Ernst & Young has retained Thornton Grout Finnigan LLP to act as its independent counsel in the CCAA proceedings. The firm can be reached at: Thornton Grout Finnigan LLP 100 Wellington St. W Suite 3200 Toronto, ON M5K 1K7 Tel: +1 416-304-1616 Carillion Canada Holdings Inc. provides business support services, which includes facilities management and services, strategic asset management and engineering and energy services across a number of sectors including oil and gas, healthcare and aviation. The Company also provides year-round routine and preventative road maintenance services for approximately 40,000 kilometres of highways across the provinces of Ontario and Alberta in Canada. CHARMING CHARLIE: Prepetition Term Loan Claimants to Recoup 3.62% ----------------------------------------------------------------- Charming Charlie Holdings Inc. and its debtor affiliates filed with the U.S. Bankruptcy Court for the District of Delaware a disclosure statement for their amended joint chapter 11 plan of reorganization dated Jan. 23, 2018. The joint amended plan asserts that on or prior to the date that is two weeks before the date of the Confirmation Hearing, the Debtors will file the Plan Supplement, which is the compilation of documents and forms of documents, schedules, and exhibits to the Plan, as amended, supplemented, or modified from time to time in accordance with the terms hereof, the Bankruptcy Code, the Bankruptcy Rules, and the Plan Support Agreement. The Plan Supplement will include: (a) the New Organizational Documents; (b) the Assumed Executory Contract/Unexpired Lease List and the Rejected Executory Contract/Unexpired Lease List; (c) a list of retained Causes of Action; (d) to the extent known, the identity of the members of the New Board; (e) the Plan Support Agreement; (f) the Exit ABL Documentation (or a term sheet setting forth the material terms thereof); (g) the Exit Term Loan Documentation (or a term sheet setting forth the material terms thereof); (h) the form of New Employment Agreements; and (i) any and all other documentation necessary to effectuate the Restructuring Transactions or that is contemplated by the Plan. Class 3 under the plan consists of the Prepetition Term Loan Claimants. Each Holder of an Allowed Prepetition Term Loan Claim will receive, up to the Allowed amount of its Prepetition Term Loan Claim, its Pro Rata share of 25 percent of the New Equity (subject to dilution only by New Equity issued in connection with the Management Incentive Plan). Projected recovery for this class is 3.62%. A full-text copy of the Disclosure Statement is available at: http://bankrupt.com/misc/deb17-12906-367.pdf A full-text copy of the Joint Amended Plan is available at: http://bankrupt.com/misc/deb17-12906-365.pdf About Charming Charlie Holdings Charming Charlie -- http://www.CharmingCharlie.com/-- is a Houston-based specialty retailer focused on fashion jewelry, handbags, apparel, gifts and beauty products. The Company currently operates more than 375 stores in the United States and Canada. Charming Charlie Holdings Inc. and its affiliates sought Chapter 11 protection (Bankr. D. Del. Lead Case No. 17-12906) on Dec. 11, 2017. Charming Charlie estimated assets of $50 million to $100 million and debt of $100 million to $500 million. Kirkland & Ellis LLP is serving as the Company's legal counsel, AlixPartners LLP is serving as its restructuring advisor, and Guggenheim Securities, LLC is serving as its investment banker. Klehr Harrison Harvey Branzburg LLP is the Company's local counsel. Rust Consulting/OMNI Bankruptcy is the claims and noticing agent. Joele Frank, Wilkinson Brimmer Katcher is the Company's communications consultant. A&G Realty Partners, LLC's the Company's real estate advisors. Hilco Merchant Resources LLC is the Company's exclusive agent. COOLTRADE INC: Hires Larry B. Betts as Accountant ------------------------------------------------- Cooltrade, Inc., seeks authority from the U.S. Bankruptcy Court for the District of Arizona to employ Larry B. Betts, CPA P.C., as accountant to the Debtor. Cooltrade, Inc., requires Larry B. Betts to: -- prepare tax returns, and its amendments; -- prepare financial statements; and -- provide payroll services. Larry B. Betts will be paid as follows: Preparation and filing of annual $750 per tax year federal and state tax returns Preparation and filing of federal $220 per tax year and state Amended tax returns Preparation of Monthly $310 per month Financial Statements $30 per bi-weekly pay Payroll services period Larry B. Betts will also be reimbursed for reasonable out-of-pocket expenses incurred. Larry B. Betts, a partner at the firm, assured the Court that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code and does not represent any interest adverse to the Debtor and its estates. Larry B. Betts can be reached at: Larry B. Betts LARRY B. BETTS, CPA P.C. 7220 N. 16th Street, Suite F Phoenix, AZ 85020 Tel: (602) 772-2177 About Cooltrade, Inc. CoolTrade, Inc. -- http://www.cool-trade.org/-- is the creator of the CoolTrade system, a fully robotic stock trading technology. Released in 2004, CoolTrade has provided thousands with technology for online trading. The CoolTrade Robotic Automated Trader executes strategies 100% on its own. The CoolTrade platform was developed by former Microsoft programmer, Ed Barsano. CoolTrade has partnered with brokers such as TD Ameritrade, E-Trade, AutoShares, and Interactive Brokers. The Debtor sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz. Case No. 17-11886) on Oct. 6, 2017. In the petition signed by CEO Edward Barsano, the Debtor estimated assets of less than $50,000 and liabilities of $500 million to $1 billion. Judge Brenda K. Martin presides over the case. Kahn & Ahart PLLC, Bankruptcy Legal Center (TM), is the Debtor's bankruptcy counsel. CUSTOM STONE: Court OK's Plan Outline; March 8 Plan Hearing ----------------------------------------------------------- Judge Frank J. Santoro of the U.S. Bankruptcy Court for the Eastern District of Virginia approved Custom Stone Company, Inc.'s disclosure statement, dated Dec. 7, 2017, with respect to its chapter 11 plan also dated Dec. 7, 2017. March 1, 2018 is fixed as the last day for filing written acceptances or rejections of the plan. March 8, 2018 at 11:00 am is fixed for the hearing on confirmation of the plan. Any objection to confirmation of the plan must be filed no later than 7 days prior to the hearing on confirmation of the plan. The Troubled Company Reporter previously reported that payments and distributions under the plan will be funded from future income received by the company and funds on hand as well as new value paid by the owners, both as payments made on a monthly basis as well as the sale of certain of their assets, according to the company's disclosure statement. A copy of the disclosure statement is available for free at: http://bankrupt.com/misc/vaeb16-72508-55.pdf About Custom Stone Company Inc. Custom Stone Company, Inc. is a Virginia corporation, which fabricates, designs and sells custom stone product. It has been operating since November 1995 and employs 35 people, some of whom are part-time and some are full-time. Custom Stone Company sought protection under Chapter 11 of the Bankruptcy Code (Bankr. E.D. Va. Case No. 16-72508) on July 18, 2016. The petition was signed by Kenneth R. Sims, president. At the time of the filing, the Debtor estimated its assets and debts at $1 million to $10 million. The case is assigned to Judge Stephen C. St. John. Roussos, Glanzer & Barnhart, PLC is the Debtor's bankruptcy counsel. DAILY GAZETTE: Case Summary & Top Unsecured Creditors ----------------------------------------------------- Lead Debtor: Daily Gazette Company 1001 Virginia Street East Charleston, WV 25301 Business Description: Daily Gazette is a locally owned newspaper, periodical, book, and directory publisher in Charleston, West Virginia. Chapter 11 Petition Date: January 30, 2018 Affiliates that simultaneously filed Chapter 11 petitions: Debtor Case No. ------ -------- Daily Gazette Company 18-20028 Daily Gazette Holding Company, LLC 18-20029 Charleston Newspapers Holdings, L.P. 18-20030 Daily Gazette Publishing Company, LLC 18-20032 Charleston Newspapers 18-20033 G-M Properties, Inc. 18-20034 Court: United States Bankruptcy Court Southern District of West Virginia (Charleston) Judge: Hon. Frank W. Volk Debtors' Counsel: Joe M. Supple, Esq. SUPPLE LAW OFFICE, PLLC 801 Viand Street Point Pleasant, WV 25550 Tel: (304) 675-6249 Fax: (304) 675-4372 E-mail: info@supplelaw.net joe.supple@supplelaw.net - and - Brian A. Audette, III, Esq. PERKINS COIE LLP 131 S. Dearborn St., Suite 700 Chicago, IL 60603 Tel: 312.324.8534 Fax: 312.3249534 E-mail: baudette@perkinscoie.com Debtors' Consultant & Broker: Phil Murray DIRKS, VAN ESSEN & MURRAY Daily Gazette Company's Estimated Assets: $1 million to $10 million Daily Gazette Company's Estimated Liabilities: $10 million to $50 million The petitions were signed by Norman W. Shumate III, authorized signatory. A copy of Daily Gazette Company's petition, along with a list of the Debtor's five unsecured creditors, is available for free at: http://bankrupt.com/misc/wvsb18-20028.pdf Daily Gazette Holding Company's list of top unsecured creditors has a lone entry, Pension Benefit Guaranty Corporation holding an unsecured claim of $12 million. A full-text copy of Daily Gazette Holding's petition is available for free at: http://bankrupt.com/misc/wvsb18-20030.pdf DELTA MECHANICAL: Amends Application to Clarify Employment Terms ---------------------------------------------------------------- Delta Mechanical Inc. filed with the U.S. Bankruptcy Court for the District of Arizona an amended application to clarify the terms of employment of Freeborn & Peters LLP. The initial application filed on Oct. 13 last year proposed to employ the firm as special counsel to pursue avoidance actions, and pay the firm 25% contingency fee on all recoveries obtained before the earlier of four weeks prior to a hearing on a motion for summary judgment or four weeks prior to trial (Stage 1); or 33% contingency fee on all recoveries obtained after Stage 1. In its amended application, the Debtor clarified that such recoveries will also include any dollar-for-dollar reduction or setoff of an administrative expense claim under sections 330 and 503(b) of the Bankruptcy Code. The Debtor also clarified that Freeborn will be paid its contingency fee on the amount of any such reduction from the estate or as otherwise provided for payment of professionals under a confirmed Chapter 11 plan. About Delta Mechanical Mesa, Arizona-based Delta Mechanical Inc. and its debtor-affiliates are engaged, generally, in the installation, maintenance, and repair of plumbing and heating, ventilation, and air conditioning fixtures and equipment. The Debtors, collectively, operate in 13 states and employ approximately 350 people. Each of the Debtors is a corporation that is wholly-owned by Todor and Mariana Kitchukov. The Debtors sought Chapter 11 bankruptcy protection (Bankr. D. Ariz. Lead Case No. 15-13316) on Oct. 19, 2015. The petitions were signed by Todor Kitchukov, president. In its petition, Delta Mechanical estimated $1 million to $10 million in assets, and $10 million to $50 million in liabilities. Judge George B. Nielsen, Jr., presides over the cases. The Debtors are represented by John J. Hebert, Esq., Philip R. Rudd, Esq., and Wesley D. Ray, Esq., at Polsinelli PC. The Debtors hired Nancy J. Stone as their chief executive officer and Sonoran Capital Advisors, LLC as their financial advisor. An official committee of unsecured creditors has been appointed in the Debtors' cases. On August 12, 2016, the Debtors and the creditors' committee filed a joint Chapter 11 plan of reorganization. On June 2, 2017, the Creditors' Committee filed a First Amended Joint Plan of Reorganization. DELTAVILLE BOATYARD: Wants to Obtain Up To $250,000 DIP Financing ----------------------------------------------------------------- Deltaville Boatyard, LLC, and its affiliates seek permission from the U.S. Bankruptcy Court for the Eastern District of Virginia to obtain postpetition financing in an amount up to $250,000 from Arthur Wilton, Waddy Garrett, Paul Howle, Bev Columbine, James Rogers, Donnie Hatchett, John Ward, Ed Ruark and/or Glen Doncaster. The Debtors seeks the Financing after having expended all amounts currently in the infrastructure account. Deltaville Marina is the holder of two Boating Infrastructure Grants from the U.S. Department of Fish and Wildlife Services. Boating Infrastructure Grants (commonly referred to as BIG Grants) are for improvements to marinas focused on transient boaters. Funding is from the U.S. Department of Fish and Wildlife Service, and these grants are administered by the Virginia Department of Health. BIG Tier I grants (statewide) can be awarded up to $200,000 (this amount was previously $100,000), whereby the Grant pays 74% of project cost and the grant holder pays 26% as match. BIG Tier II grants (national) can be awarded for amounts between $200,000 and $1,500,000, whereby the Grant pays 74% of project cost and the grant holder pays 26% as match. No money is received under the Grants until the time as the project is complete and approved by the requisite governmental entity. These Grants relate to the construction, renovation and/or maintenance of boating infrastructure facilities and associated amenities for transient, non-trailerable recreational boats at least 26 feet long. The Debtors have funded portions of the work completed pursuant to the Dock Order with funds available in the Infrastructure Account as permitted under the Dock Order. Other aspects of the work completed are being carried by the contractor. The contractor has indicated that it thought that the Debtors were going to pay 50% of the contract amount as the project progressed. There, however, is not enough funds in the Infrastructure Account to fund 50% of the project while waiting for reimbursement pursuant to the Grants. To date, the Debtors have paid approximately $345,000. The Debtors contacted various sources about a bridge loan. No prospective lenders were willing to provide unsecured or secured financing to the Debtors under terms that were more favorable than the terms provided herein. Accordingly, the Debtors have negotiated with the Lender, who are current and/or former customers of Deltaville Boatyard and/or professional/personal colleagues of Keith Ruse, for certain debtors-in-possession financing, and the parties have agreed to the terms thereof, which the Debtors believe are normal and customary (if not more favorable to the Debtors than current market terms) for financing of this nature. The Debtors are seeking the Financing to fund approximately 50 percent of the cost of the project in relation to completing the construction of the docks and other improvements articulated in the Dock Motion. The Lender will provide up to $250,000 to the Debtors in exchange for a first position lien solely on the cash received by the Debtors from payment of the Grants. Upon receipt of the funds from the Grants, the Debtors will immediately pay the Principal Balance plus interest over to the Lender in respective amounts to each Lender. The terms of the Financing are: (a) Loan Amount: Principal amount not to exceed $250,000; (b) Interest Rate: Interest will accrue on the outstanding principal balance at a rate equal to 10% per annum; and (c) Payment Terms: All outstanding principal and interest will be due and payable without notice, demand, or setoff on the earlier of (a) the day after the date the Grants are collected, (b) conversion of the Debtors' Chapter 11 case to Chapter 7 and/or (c) the sale of substantially all of the assets of any Debtor; (d) Security: The Lender will have a perfected first-priority lien solely in cash received in payment of the Grants. A copy of the Debtors' Motion is available at: http://bankrupt.com/misc/vaeb16-35974-208.pdf About Deltaville Boatyard Deltaville Boatyard, LLC, is the entity that operates a world renowned boat yard and marina in Deltaville, Virginia. Boatyard Rentals, LLC, is the entity that owns the yard, and Deltaville Marina, LLC, is the entity that owns the marina. Boatyard Rentals, Deltaville Marina, and Deltaville Boatyard filed Chapter 11 petitions (Bankr. Case Nos. 16-35389, 16-35390, and 16-35974, respectively) on Nov. 2, 2016. In the petitions signed by Kieth Ruse, manager, Boatyard Rentals estimated assets of less than $1 million and liabilities of $1 million to $10 million. Deltaville Marina estimated both assets and liabilities of $1 million to $10 million at the time of the filing. Deltaville Boatyard estimated assets of less than $500,000 and liabilities of $1 million to $10 million. Boatyard Rentals and Deltaville Boatyard' cases are assigned to Judge Keith L. Phillips. Deltaville Marina's case is assigned to Judge Kevin R. Huennekens. The Debtors are represented by Paula S. Beran, Esq., at Tavenner & Beran, PLC. DREAM MOUNTAIN: Appointment of A. Amore as Ch. 11 Trustee Approved ------------------------------------------------------------------ Judge Patrick M. Flatley of the U.S. Bankruptcy Court for the U.S. Bankruptcy Court for the Northern District of Virginia approved the Acting U.S. Trustee's appointment of Aaron C. Amore as the Chapter 11 Trustee in the case of Dream Mountain Ranch LLC. About Dream Mountain Ranch LLC Dream Mountain Ranch, LLC, is a privately-held company that owns a deer and elk hunting game area in North Central West Virginia. It offers 15 hunting stands and still hunts scattered across a 1,000-plus acres property. It offers lodge featuring four bedrooms, three baths, a full-sized kitchen, wrap around porch, and a hot tub. The area also features several activities guest can enjoy including the Ohiopyle State Park, Falling Water, Blackwater Falls, and Coopers Rock. The Debtor sought protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D. W.Va. Case No. 17-01051) on October 27, 2017. Dietrich Steve Fansler, its managing member, signed the petition. At the time of the filing, the Debtor disclosed $5.02 million in assets and $2.53 million in liabilities. Judge Patrick M. Flatley presides over the case. The Debtor hired Gianola, Barnum, Bechtel & Jecklin, L.C. as its legal counsel; Dietrich Fansler as its managing agent; and Tetrick & Bartlett, PLLC as its accountant. An official committee of unsecured creditors has not yet been appointed in the Chapter 11 case of Dream Mountain Ranch, LLC as of Dec. 13, according to a court docket. ECLIPSE BERRY: Seeks Approval of Agreed Use of Cash Collateral -------------------------------------------------------------- Eclipse Berry Farms, LLC, and its affiliates seek authorization from the U.S. Bankruptcy Court for the Central District of California on a stipulated basis to use cash collateral in which Ventura Strawberry Farms, Inc. may hold an interest. The Debtors require the use of cash collateral to pay for: (a) the costs of the orderly liquidation of their business, and (b) the costs of administration of the Debtors' Chapter 11 cases, including the payment of the CRO's compensation, the Debtors' professional fees, and U.S. Trustee's fees. The Debtors also desire to use cash collateral to pay for prepetition insurance premiums, employee wages, and other necessary expenditures for the administration of the bankruptcy estates as set forth in the Debtors' proposed budget. The Debtors will deposit all cash collateral into the debtor-in-possession accounts opened at JPMorgan Chase Bank, in accordance with the U.S. Trustee Guidelines and Requirements for Chapter 11 Debtors in Possession promptly upon receipt thereof. The Debtors have prepared a Budget which sets forth the required uses of cash collateral through April 15, 2018. The Debtors intend to submit modified or supplemental Budgets for periods beyond April 15, 2018 at later dates as agreed upon by the parties. Ventura Strawberry Farms asserts that Eclipse Berry Farms' outstanding debt totals more than $29.6 million, consisting of $21.6 million advanced in July and August 2017 and $8 million in unsecured advances made prior to July 2017. These obligations were purportedly secured with liens on all of the Debtors' assets, including cash. The Debtors will provide Ventura Strawberry Farms with replacement liens in the Debtors' existing and after-acquired assets post-petition to the extent of the Debtors' use of their cash collateral. Said replacement liens will be of the same extent, scope, validity and priority as the pre-petition liens of Ventura Strawberry Farms. A full-text copy of the Debtors' Motion is available at: http://bankrupt.com/misc/cacb18-10443-8.pdf About Berry Eclipse Farms Founded in 1999, Berry Eclipse Farms operates farms that produce berry products. The company is based in Los Angeles, California. Eclipse Berry Farms, LLC and its affiliates Harvest Moon Strawberry Farms, LLC and Rosalyn Farms, LLC, filed Chapter 11 petitions (C.D. Cal. Case Nos. 18-10443, 18-10453 and 18-10464, respectively) on Jan. 16, 2018. In the petition signed by CRO Robert Marcus, Eclipse Berry Farms estimated $10 million to $50 million in assets and less than $100 million in debt. Hon. Barry Russell is the case judge. The Debtors tapped Kevin H Morse, Esq. at Saul Ewing Arnstein & Lehr LLP as counsel; and Murray Wise Capital LLC as financial advisor. ELITE INSTALLS: Unsecureds to Get 33% Over 60 Months Under Plan --------------------------------------------------------------- Elite Installs LLC filed with the U.S. Bankruptcy Court for the District of Nevada a disclosure statement to accompany its proposed plan of reorganization. Class2 Claimants consists of the Allowed Unsecured Claims. This class will be paid 1/3 of their claims over 60 months in quarterly payments. The Debtor plans on funding the Plan from the continued operations of the business over a 60-month period. The secured claims will be paid with the Debtor's income. The unsecured portions of the claims will be paid along with the other general unsecured creditors from the Debtor's disposable income on a pro rata basis. A full-text copy of the Disclosure Statement is available at: http://bankrupt.com/misc/nvb17-13633-44.pdf About Elite Installs, LLC Elite Installs LLC is the original premier appliance installation company serving Las Vegas, Henderson, Reno and the Sacramento/San Francisco Bay area. Based in Las Vegas Nevada, Elite Installs LLC filed a Chapter 11 petition (Bankr. D. Nev. Case No. 17-13633) on July 5, 2017, listing under $1 million in both assets and liabilities. The Debtor is represented by David J. Winterton of David J. Winterton & Associates, Ltd as counsel. ENCLAVE BUSINESS: Sale of Oak Ridge Real Property to Fund Plan -------------------------------------------------------------- Enclave Business Park, L.P. filed with the U.S. Bankruptcy Court for the Eastern District of Tennessee a disclosure statement to accompany its proposed plan of reorganization, which will pay claims of secured and unsecured claims in full. Class Three under the plan are the unsecured creditors owed greater than $1,500. These claims are all related companies owned and/or controlled by Walter Wise. This class is impaired and will subordinate its claims to all other creditors. Class Four are the equity security holders of the debtor -- Walter Wise, Wendy Ryan, and EBP, LLC. They will retain their interests through additional capital investments into the debtor 5 that are necessary for the debtor to meet its obligations under the plan and for development of the property. Should there be any shortfall on payments, the equity security holders will fund the shortfall through additional capital investment. Additionally, Walter Wise has guaranteed the debt of Class Two. Mr. Wise will continue the management and oversight of the company. The Debtor will fund the eventual reorganization and payment of Commercial Bank and the other creditors by developing and selling the real property located in Oak Ridge, Tennessee. A full-text copy of the Disclosure Statement is available at: http://bankrupt.com/misc/tneb3-17-33343-59.pdf About Enclave Business Park Enclave Business Park filed a Chapter 11 petition (Bankr. E.D. Tenn. Case No. 17-33343) on November 3, 2017. The petition was signed by Walter Wise, president of general partner EBP, Inc. Enclave Business Park owns in fee simple interest 32 acres of land located at Mitchell Road Oak Ridge, Tennessee valued at $4 million. The Debtor listed its business as a Single Asset Real Estate (as defined in 11 U.S.C. Section 101(51B)). The Hon. Suzanne H. Bauknight presides over the case. Thomas Lynn Tarpy, Esq. at Tarpy, Cox, Fleishman & Leveille, PLLC represents the Debtor as counsel. At the time of filing, the Debtor estimates $4.92 million in assets and $1.76 million in liabilities. ENERGY FUTURE: Objects to Bid for Fee Committee Representative -------------------------------------------------------------- BankruptcyData.com reported that Energy Future Holdings filed with the U.S. Bankruptcy Court an objection to Elliott Associates' motion to appoint a representative of the majority creditors to the fee committee. The objection asserts, "The Fee Committee, as an officer of the Court is tasked with maintain the delicate balance between maximizing value for the benefit of all of the Debtors' stakeholders with one of the most basic tenets of section 330 of the bankruptcy Code: ensuring that the ability of retained professionals to provide services to chapter 11 debtors is preserved. Now, nearly four years into the Debtors' chapter 11 cases, and with emergence at long last on the horizon, the Elliot Creditors (one of the Debtor' newest constituencies), through the Motion to Appoint, have disputed such balance in at least three ways. First, the Motion to Appoint makes clear that, from the perspective of the Elliot Creditors, the purpose of a fee committee is to reduce fees and expenses to non-market levels. This notion not only contravenes section 330 of the bankruptcy Code, but also harkens back to the now-defunct 'efficiency of administration' standard set forth in the former Bankruptcy Act. Second, Ms. Berger, the proposed Elliot-appointed Fee Committee representative, cannot serve on the Fee Committee, given that her firm (BraunHagey) represents the Elliot Creditors (and, therefore, cannot act as a fiduciary for all unsecured creditors) and given such firm's refusal, to date, to provide any information regarding the compensation agreement between BraunHagey and the Elliot Creditors. Third, even assuming the Elliot Creditors offer to replace Ms Berger with a non-lawyer representative, there is no viable alternative. No 'Elliott-directed' representative can serve on the Fee Committee given the serious confidentiality, fiduciary, and abuse of process considerations." About Energy Future Energy Future Holdings Corp., formerly known as TXU Corp., is a privately held diversified energy holding company with a portfolio of competitive and regulated energy businesses in Texas. Oncor, an 80 percent-owned entity within the EFH group, is the largest regulated transmission and distribution utility in Texas. The Company delivers electricity to roughly three million delivery points in and around Dallas-Fort Worth. EFH Corp. was created in October 2007 in a $45 billion leverage buyout of Texas power company TXU in a deal led by private-equity companies Kohlberg Kravis Roberts & Co. and TPG Inc. On April 29, 2014, Energy Future Holdings and 70 affiliated companies sought Chapter 11 bankruptcy protection (Bankr. D. Del. Lead Case No. 14-10979) after reaching a deal with some key financial stakeholders to keep its businesses operating while reducing its roughly $40 billion in debt. The Debtors' cases have been assigned to Judge Christopher S. Sontchi (CSS). As of Dec. 31, 2013, EFH Corp. reported assets of $36.4 billion in book value and liabilities of $49.7 billion. The Debtors had $42 billion of funded indebtedness as of the bankruptcy filing. EFH's legal advisor for the Chapter 11 proceedings is Kirkland & Ellis LLP, its financial advisor is Evercore Partners and its restructuring advisor is Alvarez & Marsal. T he TCEH first lien lenders supporting the restructuring agreement are represented by Paul, Weiss, Rifkind, Wharton & Garrison, LLP as legal advisor, and Millstein & Co., LLC, as financial advisor. The EFIH unsecured creditors supporting the restructuring Agreement are represented by Akin Gump Strauss Hauer & Feld LLP, as legal advisor, and Centerview Partners, as financial advisor. The EFH equity holders supporting the restructuring agreement are represented by Wachtell, Lipton, Rosen & Katz, as legal advisor, and Blackstone Advisory Partners LP, as financial advisor. Epiq Systems is the claims agent. Wilmington Savings Fund Society, FSB, the successor trustee for the second-lien noteholders owed about $1.6 billion, is represented by Ashby & Geddes, P.A.'s William P. Bowden, Esq., and Gregory A. Taylor, Esq., and Brown Rudnick LLP's Edward S. Weisfelner, Esq., Jeffrey L. Jonas, Esq., Andrew P. Strehle, Esq., Jeremy B. Coffey, Esq., and Howard L. Siegel, Esq. On May 13, 2014, the U.S. Trustee appointed the Official Committee of TCEH Unsecured Creditors in the Chapter 11 Cases. The TCEH Committee is composed of (a) the Pension Benefit Guaranty Corporation; (b) HCL America, Inc.; (c) BNY, as Indenture Trustee under the EFCH 2037 Notes due 2037 and the PCRBs; (d) LDTC, as Indenture Trustee under the TCEH Unsecured Notes; (e) Holt Texas LTD, d/b/a Holt Cat; (f) ADA Carbon Solutions (Red River); and (g) Wilmington Savings, as Indenture Trustee under the TCEH Second Lien Notes. The TCEH Committee retained Morrison & Foerster LLP as counsel; Polsinelli PC as co-counsel and conflicts counsel; Lazard Freres & Co. LLC as investment banker; FTI Consulting, Inc. as financial advisor; and Charles River Associates as an energy consultant. On Oct. 27, 2014, the U.S. Trustee appointed the Official Committee of Unsecured Creditors representing the interests of the unsecured creditors for EFH, EFIH, EFIH Finance, and EECI, Inc. The EFH/EFIH Committee is composed of (a) American Stock Transfer & Trust Company, LLC; (b) Brown & Zhou, LLC c/o Belleair Aviation, LLC; (c) Peter Tinkham; (d) Shirley Fenicle, as successor-in-interest to the Estate of George Fenicle; and (e) David William Fahy. The EFH/EFIH Committee retained Montgomery, McCracken, Walker & Rhodes, LLP, as co-counsel and conflicts counsel; AlixPartners, LLP, as restructuring advisor; Sullivan & Cromwell LLC as counsel; Guggenheim Securities as investment banker; and Kurtzman Carson Consultants LLC as noticing agent for both the TCEH Committee and the EFH/EFIH Committee. Given the size and complexity of the Chapter 11 Cases, the U.S. Trustee proposed, and the Debtors and the TCEH Committee agreed, to recommend that the Bankruptcy Court appoint a committee to, among other things, review and report as appropriate on fee applications and statements submitted by the professionals paid for by the Debtors' Estates. The Fee Committee is comprised of four members: (a) one member appointed by and representative of the Debtors (Cecily Gooch, Vice President and Special Counsel for Restructuring, Energy Future Holdings); (b) one member appointed by and representative of the TCEH Creditors' Committee (Peter Kravitz, Principal and General Counsel, Province Capital); (c) one member appointed by and representative of the U.S. Trustee (Richard L. Schepacarter, Trial Attorney, Office of the United States Trustee); and (d) one independent member (Richard Gitlin, of Gitlin and Company, LLC). The Fee Committee retained Godfrey & Kahn, S.C. as counsel; and Phillips, Goldman & Spence, P.A. as co-counsel. * * * On Aug. 29, 2016, Judge Sontchi confirmed the Chapter 11 exit Plans of two of Energy Future Holdings Corp.'s subsidiaries, power generator Luminant and retail electricity provider TXU Energy Inc. (the "T-Side Debtors"). The Plan became effective on Oct. 3, 2016. On Aug. 20, 2017, Sempra Energy (NYSE: SRE) announced an agreement to acquire Energy Future Holdings, the indirect owner of 80 percent of Oncor Electric Delivery Company, LLC, operator of the largest electric transmission and distribution system in Texas. Under the agreement, Sempra Energy will pay approximately $9.45 billion in cash to acquire Energy Future and its ownership in Oncor, while taking a major step forward in resolving Energy Future's long-running bankruptcy case. The enterprise value of the transaction is approximately $18.8 billion, including the assumption of Oncor's debt. On Nov. 3, 2017, the Bankruptcy Court entered an order closing the Chapter 11 cases of 40 affiliate debtors. The claims asserted against, and interests asserted in, the Closing Cases are transferred to the lead case of Texas Competitive Electric Holdings Company LLC, Case No. 14-10978. A list of the Closing Cases is available for free at: http://bankrupt.com/misc/EnergyFuture_decreeclosing40.pdf ENSEQUENCE INC: Case Summary & 20 Largest Unsecured Creditors ------------------------------------------------------------- Debtor: Ensequence, Inc. 420 Lexington Avenue, Suite 408 New York, NY 10170 Type of Business: Ensequence, Inc. is a privately owned Delaware corporation engaged in the business of making advertisements on television more interactive and measurable. The Company was formed in 2001 as a provider of tools for building interactive television applications for television networks, advertisers and distributors of network television. During the period from 2013 to the present, the Company expanded its focus to include manufacturers of "smart televisions." Throughout its history, the Company has partnered with national cable networks (e.g., MTV, NBC, ESPN, CNN, HBO, etc.), traditional distributors (e.g., Comcast, Time Warner Cable, DIRECTV, etc.), and television manufacturers (e.g., Samsung, LG, Sony, etc.). One year ago, the Company had approximately 50 employees, but as of the Petition Date, the Debtor has five full- time employees executing its strategic plan. Chapter 11 Petition Date: January 30, 2018 Court: United States Bankruptcy Court District of Delaware (Delaware) Case No.: 18-10182 Judge: Hon. Kevin Gross Debtor's Counsel: Christopher A. Ward, Esq. POLSINELLI PC 222 Delaware Avenue, Suite 1101 Wilmington, DE 19801 Tel: 302-252-0920 Fax: 302-252-0921 E-mail: cward@polsinelli.com Debtor's General Corporate Counsel: OUTSIDE GENERAL COUNSEL SERVICES, P.C. Debtor's Restructuring Advisor: WYSE ADVISORS LLC 85 Broad Street, 29th Floor New York, New York 10004 Tel: (646) 854-5318 Debtor's Notice, Claims, Balloting Agent and Administrative Advisor: RUST CONSULTING/OMNI BANKRUPTCY Web site: https://is.gd/TrGc9M Prepetition Lender's Counsel: McDERMOTT WILL & EMERY 340 Madison Avenue New York, NY 10173-1922 Tel: (212) 547-5400 Estimated Assets: $1 million to $10 million Estimated Liabilities: $10 million to $50 million Michael Wyse, chief restructuring officer, signed the petition. A full-text copy of the petition is available for free at: http://bankrupt.com/misc/deb18-10182.pdf A copy of the Debtor's list of 20 largest unsecured creditors, as amended, is available for free at: http://bankrupt.com/misc/deb18-10182_creditors.pdf ESCALERA RESOURCES: US Trustee Wants Case Dismissed --------------------------------------------------- BankruptcyData.com reported that the U.S. Trustee assigned to the Escalera Resources case filed with the U.S. Bankruptcy Court a motion to dismiss the case or convert the Chapter 11 reorganization to a liquidation under Chapter 7 for the following reasons: There appears to be a substantial or continuing loss to or diminution of the estate as well as an absence of a reasonable likelihood of reorganization and there is undue delay in confirming a plan, which is prejudicial to creditors and parties in interest. The motion explains, "The last Monthly Operating Report filed for period ending November 30th of 2017 reflected a cumulative net loss of ($25,338,067). The Debtor's most recent Balance Sheet attached to the November 2017 MOR reflects post-petition liabilities of $5,077,751. The Debtor's post-petition liabilities have increased steadily since the Petition Date….Debtor has not confirmed a chapter 11 plan and no disclosure statement is approved, causing undue delay. The Debtor's Chapter 11 plan filed nearly two years ago appears to be abandoned. Debtor has not consummated a sale of all of its assets and the Debtor appears to be languishing in chapter 11. In the event that the Court determines that this case is to be converted to chapter 7 pursuant to section 1112(b)(1), a chapter 7 trustee could investigate the assets and financial affairs of the Debtor and bring any actions as may be appropriate." The Court established a January 31, 2018 objection deadline. About Escalera Resources Headquartered in Denver, Colorado, Escalera Resources Co. (OTCMKTS:ESCRQ) is an independent energy company engaged in the exploration, development, production and sale of natural gas and crude oil, primarily in the Rocky Mountain basins of the western United States. Escalera was incorporated in Wyoming in 1972 and reincorporated in Maryland in 2001. As of October 2015, the Company had 22 employees, none of whom are subject to a collective bargaining agreement. Escalera Resources filed for Chapter 11 bankruptcy protection (Bankr. D. Colo. Case No. 15-22395) on Nov. 5, 2015. Adam Fenster, the chief financial officer, signed the petition. Escalera disclosed total assets of $97.7 million and total liabilities of $67.7 million as of June 30, 2015. Judge Thomas B. McNamara is assigned to the case. The Debtor hired Onsager Guyerson Fletcher Johnson as bankruptcy counsel; Hein & Associates, LLP, as accountants; Lindquist & Vennum LLP, as special counsel in connection with the Humphrey litigation; Jones & Keller, P.C., as special counsel for general corporate and securities matters; Williams, Porter, Day & Neville, P.C. as special counsel in the pursuit of a tax refund from the State of Wyoming; and Seaport Global Securities LLC as investment banker. On Nov. 13, 2015, the U.S. Trustee appointed an Official Unsecured Creditors Committee. The Creditors Committee filed a motion to appoint a chapter 11 trustee on Oct. 16, 2016. The Debtor filed a response, and the parties informally agreed to put the matter on hold while Debtor obtained and hired financial advisors to conduct a sale process and file a new Plan. EVENFLOW PLUMBING: Taps Nichani Law Firm as Legal Counsel --------------------------------------------------------- Evenflow Plumbing Company seeks approval from the U.S. Bankruptcy Court for the Northern District of California to hire the Nichani Law Firm as its legal counsel. The firm will advise the Debtor regarding its duties under the Bankruptcy Code and will provide other legal services related to its Chapter 11 case. Vinod Nichani, Esq., the attorney who will be handling the case, charges an hourly fee of $350. His firm received a retainer in the sum of $10,000 from the Debtor. Mr. Nichani disclosed in a court filing that he is a "disinterested person" as defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Vinod Nichani, Esq. Nichani Law Firm 1250 Oakmead Parkway, Suite 210 Sunnyvale, CA 94085 Phone: 408-800-6174 Fax: 408-290-9802 E-mail: vinod@nichanilawfirm.com About Evenflow Plumbing Co Evenflow Plumbing Company sought protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Cal. Case No. 17-43017) on Dec. 1, 2017. In the petition signed by John Hayden, authorized representative, the Debtor estimated assets and liabilities of less than $500,000. Judge Roger L. Efremsky presides over the case. The Debtor tapped Nichani Law Firm as its legal counsel. FARGO TRUCKING: Committee Taps Levene Neale as Legal Counsel ------------------------------------------------------------ The official committee of unsecured creditors of Fargo Trucking Company, Inc. seeks approval from the U.S. Bankruptcy Court for the Central District of California to hire Levene, Neale, Bender, Yoo & Brill LLP as its legal counsel. The firm will advise the Committee regarding the rights of creditors and the Debtor's bankruptcy estate; evaluate any sale or disposition of the Debtor's assets; assist the committee in any proposed plan of reorganization; and provide other legal services related to its Chapter 11 case. Daniel Reiss, Esq., the attorney who will be handling the case, charges an hourly fee of $575. Mr. Reiss disclosed in a court filing that his firm is a "disinterested person" as defined in Section 101(14) of the Bankruptcy Code. Levene Neale can be reached through: Daniel H. Reiss, Esq. Levene, Neale, Bender, Yoo & Brill LLP 10250 Constellation Boulevard, Suite 1700 Los Angeles, CA 90067 Tel: (310) 229-1234 Fax: (310) 229-1244 Email: dhr@LNBYB.com About Fargo Trucking Company Fargo Trucking Company, Inc., is Compton, California-based company that provides trucking services. Fargo Trucking sought protection under Chapter 11 of the Bankruptcy Code (Bankr. C.D. Cal. Case No. 17-23714) on Nov. 6, 2017. In the petition signed by CEO Robert Wallace, the Debtor estimated assets of less than $500,000 and liabilities of $1 million to $10 million. Judge Neil W. Bason presides over the case. David R. Haberbush, Esq., Vanessa M. Haberbush, Esq., and Lane K. Bogard, Esq., at Haberbush & Associates, LLP, serve as the Debtor's bankruptcy counsel. The Office of the U.S. Trustee appointed an official committee of unsecured creditors in the Debtor's case. GADFLY ENTERPRISES: Taps Cohen Baldinger & Greenfeld as Counsel --------------------------------------------------------------- Gadfly Enterprises Inc. t/a Super Cleaners, USA seeks authorization from the U.S. Bankruptcy Court for the District of Maryland to employ the law firm of Cohen Baldinger & Greenfeld, LLC as counsel. The professional services that Cohen Baldinger & Greenfeld, LLC is to render are: (a) give Debtor legal advice with respect to powers and duties as debtor in possession in the continued operation of their business and management of their property; (b) prepare on behalf of Debtor as debtor-in-possession necessary applications, answers, orders, reports and other legal papers; and (c) perform all other legal services for Debtor as debtor-in-possession which may be necessary herein. The normal hourly rate for Augustus T. Curtis is $395.00. The Debtor has placed a deposit of $10,000.00 into escrow with Cohen Baldinger & Greenfeld, and Cohen Baldinger & Greenfeld will bill against that retainer in connection with its services. Augustus T. Curtis, member of Cohen Baldinger & Greenfeld, LLC, attests that his firm and its members, represent no interest adverse to Debtor as debtor-in-possession or the estate. The counsel can be reached through: Augustus T Curtis, Esq. COHEN, BALDINGER & GREENFELD, LLC 2600 Tower Oaks Blvd., Suite 103 Rockville, MD 20852 Tel: (301) 881-8300 Fax: (301) 881-8350 E-mail: augie.curtis@cohenbaldinger.com About Gadfly Enterprises d/b/a Super Cleaners USA Gadfly Enterprises Inc., doing business as Super Cleaners USA, is a family-owned business that provides drycleaning and laundry services serving Maryland and Washington, D.C. for over 20 years. Super Cleaners -- https://supercleanersusa.com/ -- also offers tailoring & alterations, shoes & leather and household items cleaning. Gadfly Enterprises filed a Chapter 11 petition (Court + Case No. 18-10270), on Jan. 8, 2018. The petition was signed by James M. Kanski, president. The Debtor is represented by Augustus T Curtis, Esq. at Cohen, Baldinger & Greenfeld, LLC. At the time of filing, the Debtor had $62,685 in total assets and $1.19 million in total liabilities. GENON ENERGY: Restructuring Fees for November 2017 Filed -------------------------------------------------------- BankruptcyData.com reported that GenOn Energy filed with the U.S. Bankruptcy Court a supplemental noteholder advisors' statement of restructuring fees and expenses for November 2017. The notice states, "On August 31, 2017, the Debtors filed the Motion for Entry of an Order (I) Approving Marketing Process Procedures, (II) Authorizing the Debtors to Pay the Fees and Expenses of the Noteholder Advisors. On October 5, 2017, the Court approved the Motion with certain modifications. Pursuant to the Order, Davis Polk & Wardwell, Ducera Partners, Carmen L. Gentile, Quinn Emanuel Urquhart & Sullivan, Richards, Layton & Finger, Ropes & Gray, Couch White, Porter Hedges, and one additional local bankruptcy counsel in Texas (collectively, the 'Noteholder Advisors'), as professional advisors to the Ad Hoc GenOn Notes Committee and the Ad Hoc GAG Notes Committee (collectively, the 'Noteholder Groups') are entitled to payment in accordance with the procedures established in the Order. Certain of the Noteholder Advisors hereby file a statement of fees and expenses for the period of November 2017, for professional services rendered and expenses incurred (this 'Fee Notice'), Exhibit A. The following are the aggregate fees and expenses for the respective professionals: Davis Polk & Wardwell - $1,314,727.53, Ducera Partners - $175,799.82, Carmen L. Gentile - $15,220.40, Quinn Emanuel Urquhart & Sullivan - $169,345.63, Couch White- $23,757.80, Porter Hedges - $7,391.22 and Jackson Walker - $13,542.40." About GenOn Energy GenOn Energy, Inc., is a wholesale power generation corporation with 15,394 megawatts in generating capacity, operating operate 32 power plants in eight states. GenOn is subsidiary of NRG Energy Inc., which is a competitive power company that produces, sells and delivers energy and energy services, primarily in major competitive power markets in the U.S. GenOn is the product of two mergers since 2010. First, on Dec. 3, 2010, two wholesale power generation companies -- RRI Energy, a company formerly known as Reliant Energy, and Mirant Corporation -- completed an all-stock, tax-free merger with Mirant becoming RRI's wholly-owned subsidiary. Following the merger, RRI took its current name: GenOn. NRG, through a wholly-owned subsidiary, and GenOn completed a stock-for-stock merger in a $6 billion deal, with GenOn continuing as the surviving company on December 14, 2012. NRG, as consideration for acquiring GenOn's entire equity, issued 0.1216 shares of NRG common stock for each outstanding share of GenOn. In structuring the merger, NRG "ring-fenced" GenOn's debt, leaving GenOn's creditors without recourse against NRG's assets in the event of GenOn's default. As of March 31, 2017, GenOn Energy had $4.81 billion in total assets, $4.51 billion in total liabilities and $304 million in total stockholders' equity. GenOn Energy, Inc. ("GenOn"), GenOn Americas Generation, LLC ("GAG") and 60 of their directly and indirectly-owned subsidiaries commenced the Chapter 11 cases in Houston, Texas (Bankr. S.D. Tex. Lead Case No. 17-33695) on June 14, 2017, to implement a restructuring plan negotiated with stakeholders prepetition. The Debtors' cases have been assigned to Judge David R. Jones. Kirkland & Ellis LLP is the Debtors' bankruptcy counsel. Zack A. Clement, PLLC, is the local counsel. Rothschild Inc. is the financial advisor and investment banker. McKinsey Recovery & Transformation Services U.S. is the restructuring advisor. Epiq Systems, Inc., is the claims and noticing agent. Credit Suisse Securities (USA) LLC serves as GenOn Energy's financial advisor and investment banker. Special Counsel to the GAG Steering Committee is Quinn Emanuel Urquhart & Sullivan, LLP. The Steering Committee of GAG Noteholders is comprised of Benefit Street Partners LLC, Brigade Capital Management, LP, Franklin Mutual Advisers, LLC, and Solus Alternative Asset Management LP, each on behalf of itself or certain affiliates, and/or accounts managed and/or advised by it or its affiliates. Counsel to the GenOn Steering Committee and the GAG Steering Committee are Keith H. Wofford, Esq., Stephen Moeller-Sally, Esq., and Marc B. Roitman, Esq., at Ropes & Gray LLP. Counsel for NRG Energy, Inc., are C. Luckey McDowell, Esq., and Ian E. Roberts, Esq., at Baker Botts L.L.P GOODMAN AND DOMINGUEZ: Unsecureds to Get 5% Under Ch. 11 Plan ------------------------------------------------------------- Goodwin and Dominguez, Inc., Traffic, Inc., Traffic Las Plazas, Inc., Traffic Plaza del Norte, Inc., d/b/a Traffic, d/b/a Traffic Shoes, filed a disclosure statement proposing to pay 5% to holders of Allowed General Unsecured Claims, which total approximately $7.0 million to $8.0 million. The Debtors or the Reorganized Debtors, as applicable, will use the (i) Available Cash on the Effective Date, (ii) Cash Flow on and after the Effective Date, or, where applicable, (iii) Disputed Claims Reserve, to make all Distributions required to be made by the Debtors or the Reorganized Debtors, as applicable, on and after the Effective Date in accordance with the Plan. A full-text copy of the Disclosure Statement dated December 20, 2017, is available at: http://bankrupt.com/misc/flsb17-17237-151.pdf About Goodman and Dominguez Goodwin and Dominguez, Inc. and its affiliated entities own and operate a closely-held business in the retail shoe industry and on-line sales via e-commerce at http://www.trafficshoe.com/-- The business, which started in Miami in 1989 with just one store, strives to provide the hottest footwear to a fashion forward, budget conscious consumer. Goodwin and Dominguez and its affiliates co-debtors Traffic, Inc., Traffic Las Plazas, Inc., and Traffic Plaza Del Norte, Inc., filed voluntary petitions for relief under chapter 11 of the Bankruptcy Code (Bankr. S.D. Fla. Lead Case No. 16-10056) on Jan. 4, 2016. When they sought bankruptcy protection in 2016, the Debtors operated 83 mall-based stores located in 9 states within the U.S. and Puerto Rico and employed 608 employees. Upon the effective date of the reorganization plan confirmed December 2016, the Debtors expected to continue operating 62 mall-based stores with 477 employees. The Official Committee of Unsecured Creditors formed in the 2016 cases tapped Christopher A. Jarvinen and the Law Firm of Berger Singerman LLP as counsel and KapilaMukamal as financial advisor. On June 9, 2017, Goodwin and Dominguez and its affiliated debtors commenced new Chapter 11 cases (Bankr. S.D. Fla. Lead Case No. 17-17237). Goodwin and Dominguez estimated $1 million to $10 million in assets and liabilities. The Hon. Robert A Mark oversees the 2017 cases. Meland Russin & Budwick, P.A., is serving as counsel to the Debtors. It also served as counsel to the Debtors in the original cases. Christopher A. Jarvinen, Esq. at Berger Singerman LLP serves as counsel to the Debtors' Official Committee of Unsecured Creditors. GORDON'S GLASS: Taps Bovarnick and Associates as Legal Counsel -------------------------------------------------------------- Gordon's Glass, Ltd. seeks approval from the U.S. Bankruptcy Court for the Eastern District of Pennsylvania to hire Bovarnick and Associates, LLC as its legal counsel. The firm will advise the Debtor regarding its duties under the Bankruptcy Code; assist in the preparation of a bankruptcy plan; and provide other legal services related to its Chapter 11 case. The firm's hourly rates are: Partner $450 Of Counsel $375 Associate $350 Bovarnick received retainers totaling $35,000 from the Debtor prior to the petition date. The firm is a "disinterested person" as defined in section 101(14) of the Bankruptcy Code, according to court filings. Bovarnick can be reached through: Robert M. Bovarnick, Esq. Bovarnick and Associates, LLC Two Logan Square, Suite 2030 100 N. 18th Street Philadelphia, PA 19103 Phone: (215)568-4480 Fax: (215) 568-4462 E-mail: rmb@rbovarnick.com About Gordon's Glass Ltd. Gordon's Glass, Ltd. --http://gordonsglassltd.com/-- specializes in the design, fabrication, and installation of frameless shower enclosures and custom mirrors. With its two locations, the company now services the entire Mid-Atlantic region. Gordon's Glass' forte is residential work and commercial projects. The company is headquartered in Warminster, Pennsylvania. Gordon's Glass sought protection under Chapter 11 of the Bankruptcy Code (Bankr. E.D. Pa. Case No. 18-10321) on Jan. 18, 2018. Mel Gordon, president, signed the petition. At the time of the filing, the Debtor estimated assets of less than $500,000 and liabilities of $1 million to $10 million. Judge Magdeline D. Coleman presides over the case. GREAT VISTA: Taps Hinds & Shankman as Legal Counsel --------------------------------------------------- Great Vista Real Estate Investment Corporation seeks approval from the U.S. Bankruptcy Court for the Northern District of California to hire Hinds & Shankman, LLP as its legal counsel. The firm will advise the Debtor regarding its duties under the Bankruptcy Code; help the Debtor craft a strategy to sell its properties; and provide other legal services related to its Chapter 11 case. The firm's hourly rates range from $200 to $695 for the services of its attorneys and from $90 to $200 for paraprofessionals. Hinds & Shankman received a pre-bankruptcy retainer in the sum of $25,000, plus the filing fee of $1,717. Paul Shankman, Esq., disclosed in a court filing that he and his firm do not hold any interest adverse to the Debtor's estate. Hinds & Shankman can be reached through: James Andrew Hinds, Jr., Esq. Paul R. Shankman, Esq. Rachel M. Sposato, Esq. Hinds & Shankman, LLP 21257 Hawthorne Blvd., Second Floor Torrance, CA 90503 Tel: (310) 316-0500 Fax: (310)792-5977 E-mail: jhinds@jhindslaw.com pshankman@jhindslaw.com rsposato@jhindslaw.com About Great Vista Real Estate Investment Corporation Great Vista Real Estate Investment Corporation is a privately-owned real estate company based in Atherton, California. The company is the fee simple owner of a single-family residential property located at 126 Atherton Avenue, Atherton, California, valued by the company at $9.5 million. Great Vista sought protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Cal. Case No. 18-30032) on Jan. 10, 2018. In the petition signed by CEO Tsai Luan Ho, the Debtor disclosed $12.21 million in assets and $10.91 million in liabilities. HINDS & SHANKMAN, LLP, is the Debtor's counsel, and Miller Starr Regalia as litigation counsel. GREAT VISTA: Taps Miller Starr as Special Counsel ------------------------------------------------- Great Vista Real Estate Investment Corporation seeks approval from the U.S. Bankruptcy Court for the Northern District of California to hire Miller Starr Regalia as special counsel. The firm will represent the Debtor in litigation, including a case filed in Santa Clara Superior Court (YCJS2012 LLC v. Ho, et al. 16CV299976); and assist in resolving disputes involving its real property located in Atherton, California. The firm's hourly rates range from $425 to $650 for shareholders, $250 to $495 for associates and senior counsel, and $150 to $250 for paraprofessionals. Lewis Soffer, Esq., and Kenneth Styles, Esq., the attorneys who will be representing the Debtor, will charge $450 per hour and $400 per hour, respectively. Mr. Styles disclosed in a court filing that he and his firm are "disinterested" as defined in section 101(14) of the Bankruptcy Code. Miller Starr can be reached through: Lewis Soffer, Esq. Kenneth Styles, Esq. Miller Starr Regalia 1331 N. California Blvd., Fifth Floor Walnut Creek, CA 94596 Tel: 415-638-4807 / 415-638-4808 E-mail: lewis.soffer@msrlegal.com ken.styles@msrlegal.com About Great Vista Real Estate Investment Corporation Great Vista Real Estate Investment Corporation is a privately-owned real estate company based in Atherton, California. The company is the fee simple owner of a single-family residential property located at 126 Atherton Avenue, Atherton, California, valued by the company at $9.5 million. Great Vista sought protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Cal. Case No. 18-30032) on Jan. 10, 2018. In the petition signed by CEO Tsai Luan Ho, the Debtor disclosed $12.21 million in assets and $10.91 million in liabilities. HINDS & SHANKMAN, LLP, is the Debtor's counsel, and Miller Starr Regalia as litigation counsel. GREENE TECHNOLOGIES: To Pay Unsecured Creditors 6% Over 48 Months ----------------------------------------------------------------- Greene Technologies Incorporated filed with the U.S. Bankruptcy Court for the Northern District of New York a disclosure statement for their plan of reorganization dated Jan. 23, 2018. Based in Greene, New York, the Debtor is engaged in the manufacture and sales of custom metal fabrications to commercial, industrial and military customers. The total amount of general unsecured claims in Class 6 is $355,242.99. The Debtor will pay an amount equal to 6% of all allowed Class 6 claims. Payment of Class 6 claims will begin on the 13th month after the Effective Date and continue thereafter for 48 months or until paid in full. Each monthly payment will be $445 for a total payout of $21,360. The Plan will be funded by the Debtor's cash on hand as well as net operating income earned as a result of its operation of its business in Greene, New York. During the pendency of the Chapter 11 case, Debtor's net operating income has averaged approximately $10,534.41 per month. A copy of the Disclosure Statement is available for free at: http://bankrupt.com/misc/nynb17-60389-6-67.pdf About Greene Technologies Incorporated Greene Technologies Incorporated filed a Chapter 11 bankruptcy petition (Bankr. N.D.N.Y.. Case No. 17-60389) on March 31, 2017. The petition was signed by Carol M. Rosenkrantz, president. The Debtor disclosed total assets of $795,274 and total liabilities of $1.01 million. Edward J. Fintel, Esq., at Edward J. Fintel & Associates, serves as the Debtor's attorney. GRESHAM & GRAHAM: Disclosure Statement Hearing Moved to Feb. 27 --------------------------------------------------------------- Judge Eddward P. Ballinger Jr. of the U.S. Bankruptcy Court for the District of Arizona issued an order moving the hearing to consider approval of Gresham & Graham General Partnership's disclosure statement from March 6, 2018 at 10:00 am to Feb. 27, 2018 at 11:00 a.m. The last day for filing and serving written objections to the Disclosure Statement is fixed at five business days prior to the hearing date set for approval of the Disclosure Statement. About Gresham & Graham General Partnership Headquartered in Tempe, Arizona, Gresham & Graham General Partnership listed its business as a single asset real estate (as defined in 11 U.S.C. Section. 101(51B)). Its principal assets are located at 3907 Gresham Street #6, San Diego, CA 92109. Gresham & Graham filed for Chapter 11 bankruptcy protection (Bankr. D. Ariz. Case No. 17-08801) on July 31, 2017, estimating its assets and liabilities at between $1 million and $10 million. The petition was signed by Theresa Littler, general partner. Judge Eddward P. Ballinger Jr. presides over the case. The Debtor previously sought bankruptcy protection on Jan. 20, 2012 (Bankr. D. Ariz. Case No. 12-01091) and Aug. 20, 2012 (Bankr. D. Ariz. Case No. 12-18559). GROVE AVE: Case Summary & 9 Unsecured Creditors ----------------------------------------------- Debtor: Grove Ave Apartments, LLC 22195 Prospect St Hayward, CA 94541 Business Description: Grove Ave Apartments, LLC is a privately owned company engaged in the apartment business. Grove Ave is the fee simple owner of multiple residential apartment units in Stockton, West Sacramento, and Richmond California, valued by the Company at $3 million. Chapter 11 Petition Date: January 30, 2018 Court: United States Bankruptcy Court Northern District of California (Oakland) Case No.: 18-40241 Debtor's Counsel: Mark W. Lapham, Esq. LAW OFFICES OF MARK W. LAPHAM 751 Diablo Rd. Danville, CA 94526 Tel: (925)837-9007 E-mail: marklapham@sbcglobal.net Total Assets: $3 million Total Liabilities: $2.20 million The petition was signed by Waqar Khan, manager. A full-text copy of the petition, along with a list of nine unsecured creditors, is available for free at: http://bankrupt.com/misc/canb18-40241.pdf HANDSOME INC: Case Summary & 8 Unsecured Creditors -------------------------------------------------- Debtor: Handsome, Inc. 2 Easton Heights Lane Easton, CT 06612 Business Description: Handsome, Inc. is the owner of properties located at 125 Garder Road, a 9.9-acre parcel of land located in the town of Monroe; and 490 Fan Hill Road, Monroe, Connecticut, with an estimated aggregate value of $419,600. Chapter 11 Petition Date: February 1, 2018 Case No.: 18-50122 Court: United States Bankruptcy Court District of Connecticut (Bridgeport) Judge: Hon. Julie A. Manning Debtor's Counsel: James M. Nugent, Esq. HARLOW, ADAMS, & FRIEDMAN, P.C. One New Haven Ave, Suite 100 Milford, CT 06460 Tel: (203) 878-0661 Fax: (203) 878-9568 E-mail: jmn@quidproquo.com Total Assets: $424,760 Total Liabilities: $3.02 million The petition was signed by Todd Cascella, president. A full-text copy of the petition, along with a list of eight unsecured creditors, is available for free at: http://bankrupt.com/misc/ctb18-50122.pdf HHGREGG INC: Court Approves Settlement with Synchrony Bank ---------------------------------------------------------- BankruptcyData.com reported that the U.S. Bankruptcy Court approved hhgregg's and its official committee of unsecured creditors' settlement with Synchrony Bank. As previously reported, "The Debtors shall, on or before the first business day after entry of an order by the Bankruptcy Court approving and authorizing the Debtors to enter into the Settlement Agreement (the 'Settlement Order'), (a) deliver to Synchrony a copy of the Settlement Agreement executed on behalf of the Debtors and the Committee, and (b) pay Synchrony the amount of $73,602.53, representing customer payments paid to the Debtors but intended for Synchrony; Synchrony shall, upon entry of the Settlement Order, be allowed an administrative-expense claim against the Debtors' chapter 11 bankruptcy estates under section 503(b) of the Bankruptcy Code in the amount of $1,925,000; Synchrony's allowed administrative-expense claim shall be paid as follows: (i) The amount of $500,000 shall be included in, and for all purposes treated as, a 'GOB Administrative Claim,'. The balance of Synchrony's allowed administrative-expense claim, in the amount of $1,425,000, shall be included in and for all purposes treated as a 'Non-GOB Administrative Claim,'. After the application of those credits, letter of credit, amounts, and proceeds, Synchrony shall, upon the Bankruptcy Court's approval of the Settlement Agreement, have an unsecured, non-priority, and non-administrative-expense claim in the Bankruptcy Cases in the amount of $7,496,175.80." About hhgregg Inc. Indianapolis, Indiana-based hhgregg, Inc., is an appliance, electronics and furniture retailer. Founded in 1955, hhgregg is a multi-regional retailer currently with 220 stores in 19 states that also offers market-leading global and local brands at value prices nationwide via http://www.hhgregg.com/ hhgregg Inc., Gregg Appliances Inc. and HHG Distributing LLC sought protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Ind. Lead Case No. 17-01302) on March 6, 2017. The petitions were signed by Kevin J. Kovacs, chief financial officer. At the time of the filing, hhgregg and HHG Distributing estimated assets and liabilities of less than $50,000. Gregg Appliances estimated assets and liabilities at $100 million to $500 million. The Debtors engaged Morgan, Lewis & Bockius LLP and Ice Miller LLP as counsel; Berkeley Research Group, LLC as financial advisor; Stifel and Miller Buckfire & Co. as investment banker; Hilco IP Services as intellectual property advisor; Altus Group US, Inc., as tax advisor; and Donlin, Recano & Company, Inc., as claims and noticing agent. The U.S. Trustee has appointed creditors to serve on the official committee of unsecured creditors in the case of Gregg Appliances, Inc., Case No. 17-01303-RLM-11. No official committee has been appointed in the cases of hhgregg, Inc., No. 17-01302-RLM-11 or HHG Distributing, LLC, No. 17-01304-RLM-11. The Committee hired Cooley LLP and Bingham Greenebaum Doll LLP as counsel, and ASK LLP as avoidance claims counsel. The Committee retained Province Inc. as financial advisor. Counsel to the Agent for the Debtors' prepetition secured lenders and the lenders providing DIP financing are Sean M. Monahan, Esq., at Choate, Hall & Stewart LLP; and Jay Jaffe, Esq., at Faegre Baker Daniels, LLP. Counsel to the FILO Agent is Stuart Brown, Esq., at DLA Piper LLP. * * * When hhgregg filed for Chapter 11 bankruptcy, it had signed a term sheet with an anonymous party to purchase the Company assets. The Company said at that time it expected a quick and smooth process through Chapter 11 with emergence in approximately 60 days. Ten days later, hhgregg said it has terminated the nonbinding term sheet with the anonymous party because the Company was unable to reach a definitive agreement on terms, and said it continues to work with interested third parties to purchase assets of the business. hhgregg added it had received strong interest from third parties interested in buying some or all of the Company's assets. Subsequently, hhgregg executed a consulting agreement with a contractual joint venture comprised of Tiger Capital Group, LLC, and Great American Group, LLC, to conduct a sale of the merchandise and furniture, fixtures and equipment located at the Company's retail stores and distribution centers. In an April 2017 order, the Bankruptcy Court approved, at the Company's request, a plan for the Company to close 132 retail stores and the Company's distribution centers. According to a disclosure with the Securities and Exchange Commission in March 2017, debtors Gregg Appliances, Inc., and HHG Distributing, LLC, entered into a Consulting Agreement with a contractual joint venture between Tiger Capital Group and Great American Group to conduct the sale of the merchandise and furniture, fixtures and equipment located at the Company's 132 retail stores and the distribution centers. As of June 8, 2017, the Debtors completed store closing sales in all its stories. The Company has said it does not anticipate any value will remain from the bankruptcy estate for the holders of the Company's common stock, although this will be determined in the continuing bankruptcy proceedings. HHH CHOICES: Committee Retains Bragar Eagel as Special Counsel -------------------------------------------------------------- The Official Committee of Unsecured Creditors of Hebrew Hospital Senior Housing, Inc., seeks authorization from the U.S. Bankruptcy Court for the Southern District of New York to retain Bragar Eagel & Squire, P.C., as special litigation counsel to the Committee. The Committee requires Bragar Eagel to represent and assist the Committee in the investigation and prosecution of any claims it may have against the former officers and directors of Hebrew Hospital, in the case entitled Official Committee of Unsecured Creditors of Hebrew Hospital Senior Housing, Inc., v. Mary Frances Barrett, et al., Adv. No. 17-01240. Bragar Eagel will be paid a contingency fee of 35% of the gross amount of any collection, settlement or judgment in the Committee's favor arising from the rendering of Bragar Eagel's services, less reimbursement of reasonable out of pocket expenses. Lawrence P. Eagel, shareholder of Bragar Eagel & Squire, P.C., assured the Court that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code and (a) is not creditors, equity security holders or insiders of the Debtors; (b) has not been, within two years before the date of the filing of the Debtors' chapter 11 petition, directors, officers or employees of the Debtors; and (c) does not have an interest materially adverse to the interest of the estate or of any class of creditors or equity security holders, by reason of any direct or indirect relationship to, connection with, or interest in, the Debtors, or for any other reason. Bragar Eagel can be reached at: Lawrence P. Eagel, Esq. BRAGAR EAGEL & SQUIRE, P.C. 885 Third Avenue, Suite 3040 New York, NY 10022 Tel: (212) 308-5858 Fax: (212) 486-0462 About HHH Choices Health Plan Three alleged creditors owed about $1.9 million submitted an involuntary Chapter 11 petition for HHH Choices Health Plan, LLC, on May 4, 2015 (Bankr. S.D.N.Y. Case No. 15-11158) in Manhattan. The petitioners are The Royal Care, Inc., (allegedly owed $772,762), Amazing Home Care Services ($1,178,752), and InterGen Health LLC ($42,298), all claiming that they are owed by the Debtor for certain services rendered. They all tapped Marc A. Pergament, Esq., at Weinberg, Gross & Pergament, LLP, in Garden City, New York, as counsel. With the consent from the board of directors, HHH Choices filed a notice of consent to order for relief on June 1, 2015, and an order for relief was entered on June 22, 2015. HHH Choices was engaged in operating a managed long-term care program ("MLTCP"). HHH Choices, which essentially was a health insurance maintenance plan, sold its business in 2015. On Dec. 9, 2015, Hebrew Hospital Senior Housing, Inc., commenced a Chapter 11 case (Bankr. S.D.N.Y. Case No. 15-13264). HHSH is engaged in the sponsorship and operation of a 120-unit continuing care retirement community ("CCRC") with ancillary components consisting of; a 20 bed skilled nursing facility ("SNF"), which includes an adult day healthcare program ("ADHCP"), and a 10-bed enriched housing unit. These programs are commonly known as, Westchester Meadows and Fieldstone. On Jan. 8, 2016, Hebrew Hospital Home of Westchester, Inc., commenced a Chapter 11 Case (Case No. 16-10028). HHHW's predecessor, Hebrew Hospital Home, Inc. owned and operated a 480-bed skilled nursing facility located in the Bronx. In 1998, HHHW opened a new 160-bed facility situated at 61 Grasslands Road, Valhalla, New York. HHHW sold the Bronx SNF in 2007 and the Westchester SNF in mid-2015. HHHW no longer has any active business operations. However, it still has responsibilities to wind-up its affairs, including finishing any remaining billing and processing, filing reports with regulatory agencies and closing its books and records. The true-up process and final reconciliation with the purchasers of the Westchester SNF is incomplete. The Debtors sought and obtained an order directing joint administration of their cases under Case No. 15-11158. Judge Michael E. Wiles oversees the cases. Mary Frances Barrett is president of all of the Debtors. The Debtors tapped Harter Secrest & Emery LLP as counsel and Getzler Henrich & Associates LLC as financial advisor. The Office of the U.S. Trustee appointed five creditors of HHH Choices to serve on an official committee of unsecured creditors. The HHH Choices Committee tapped Farrell Fritz, P.C., as counsel. William K. Harrington, U.S. Trustee for Region 2, appointed five creditors of Hebrew Hospital Home of Westchester Inc., an affiliate of HHH Choices Health Plan LLC, to serve on an official committee of unsecured creditors. The Hebrew Hospital Committee tapped Duane Morris as counsel and Alston & Bird LLP as counsel. * * * Hebrew Hospital Home of Westchester, Inc., and the Official Committee of Unsecured Creditors of the Debtor filed a joint Chapter 11 plan of liquidation on Aug. 10, 2017. The Official Committee of Unsecured Creditors of HHH Choices Health Plan, LLC, filed a Chapter 11 plan of liquidation for the Debtor on Aug. 15, 2017. The Official Committee of Unsecured Creditors of Hebrew Hospital Senior Housing, Inc., hires Bragar Eagel & Squire, P.C., as special litigation counsel. HOBBICO INC: Taps Crowe Horwath as Financial Consultant ------------------------------------------------------- Hobbico, Inc. seeks approval from the U.S. Bankruptcy Court for the District of Delaware to hire Crowe Horwath, LLP as its accounting and financial consultant. The firm will perform due diligence on significant accounting policies and procedures; conduct a quality of earnings analysis of earnings before interest, taxes, depreciation and amortization (EBITDA); and provide other services as consultant. The customary hourly rates charged by Crowe professionals anticipated to provide the services range from $125 to $500. John Grivetti, III, a partner at Crowe, disclosed in a court filing that his firm is a "disinterested person" as defined in section 101(14) of the Bankruptcy Code. The firm can be reached through: John A. Grivetti, III Crowe Horwath, LLP One Mid America Plaza, Suite 700 Oakbrook Terrace, IL 60181-4707 Phone: +1 630-586-5340 About Hobbico, Inc. Hobbico, Inc. -- https://www.hobbico.com/ -- is engaged in the design, manufacturing, marketing and distribution of thousands of hobby products including radio-control and general hobby products. The company's merchandise includes a wide variety of radio-control models from cars and boats to airplanes and helicopters. Hobbico began in 1971 with just two people and now employs over 650 individuals in facilities that include its West Coast distribution center in Reno, Nevada, facilities in Penrose, Colorado and Elk Grove Village, Illinois and its corporate headquarters in Champaign, Illinois. Hobbico, Inc., along with its U.S. affiliates, sought Chapter 11 protection (Bankr. D. Del. Lead Case No. 18-10055) on Jan. 10, 2018. The petitions were signed by Tom S. O'Donoghue, Jr., chief restructuring officer. Hobbico estimated assets of $10 million to $50 million and debt of $100 million to $500 million. The Hon. Kevin Gross is the case judge. The Debtors tapped Neal, Gerber & Eisenberg LLP as general bankruptcy counsel; Morris, Nichols, Arsht & Tunnell LLP as local bankruptcy counsel; Lincoln International LLC as investment banker; and Keystone Consulting Group, LLC, and CR3 Partners, LLC, as restructuring advisors. JND Corporate Restructuring is the notice and claims agent. HUNTER HOSPITALITY: Plan Confirmation Hearing Set for March 2 ------------------------------------------------------------- Judge Timothy W. Dore of the U.S. Bankruptcy Court for the Western District of Washington issued an order approving Hunter Hospitality, LLC's disclosure statement. All acceptances or rejections of the liquidation plan must be in writing, and filed and served no later than Feb 23, 2018. Any objections to confirmation of the Plan must be in writing, and filed and served no later than Feb. 23, 2018. A hearing will be held commencing on March 2, 2018, at 9:30 a.m. for the Court's consideration of confirmation of the Combined Plan. Class 1 consists of the EJH Claim. The EJH Claim will be allowed in the amount of $893,797.95 as of January 1, 2018, which is comprised of principal of $775,000 and interest of $118,797.95 (interest from December 9, 2014 at five percent (5%) per annum). Interest will accrue on the EJH Allowed Claim following January 1, 2018 at the rate of $106.16 per day. The Debtor is aware that there is presently a dispute between Snoqualmie Investments LLC, David Ebenal and EJH Enterprises, Inc., as to the beneficial owner of the EJH Allowed Claim. In the event that dispute is not resolved prior to Confirmation, on the Effective Date the Debtor will reserve $932,546.35 from distributions hereunder, which is equal to the EJH Allowed Claim plus one year’s interest following January 1, 2018 in the amount of $38,748.40. Upon (i) entry of an order of a court of competent jurisdiction that is not subject to any stay, or (ii) a writing signed by Snoqualmie Investments LLC, David Ebenal and EJH Enterprises, Inc., that determines the beneficial owner of the EJH Allowed Claim, the Debtor will distribute to such owner funds equal to the EJH Allowed Claim plus interest at the rate of the EJH Per Diem times the number of days from January 1, 2018, to the date of such court order or signed agreement, up to the amount of the EJH Reserve, in full satisfaction of the Class 1 Claim. In the event any funds remain in the EJH Reserve following the distribution, the funds will be distributed to Class 3. Class 2 consists of the Claims of Landplan Engineering Group (Claim Nos. 1, 2 and 3), and Pompano, LLC (Claim No. 8), or their assignees. Class 3 consists of the Equity Interests in the Debtor, held by Pompano LLC and SLF Investment Trust. Based upon the distributions on Allowed Claims and the full amount of the EJH Reserve, there will be funds totaling approximately $147,000 to distribute to Class 3, plus any remaining funds in the Professional Fee Reserve. Based on the provisions of the Operating Agreement, all funds will be distributed to Pompano, LLC. A full-text copy of the Disclosure Statement is available at: http://bankrupt.com/misc/wawb15-17090-280.pdf About Hunter Hospitality Hunter Hospitality LLC, based in Bellingham, WA, filed a Chapter 11 petition (Bankr. W.D. Wash. Case No. Case No.: 15-17090 ) on December 1, 2015. The Hon. Marc Barreca presides over the case. James L Day, Esq., at Bush Strout & Kornfeld LLP, as bankruptcy counsel. In its petition, the Debtor estimated $1.64 million to $24.38 million in both assets and liabilities. The petition was signed by David Ebenal, managing member. IAN-K LLC: Has Interim OK to Use Cash Collateral ------------------------------------------------ Judge Madeleine C. Wanslee of the U.S. Bankruptcy Court for the District of Arizona has signed an interim order, authorizing Ian-K, LLC and J. Tina Keyhani DDS-Oral & Maxillofacial Surgery, P.C., to pay post-petition operating expenses in the ordinary course of their businesses only as set forth in the budgets. The United States Trustee expressed no opposition to the Debtors' use of cash collateral. CB 101, LLC filed a limited Objection the Debtors' Motion, which was discussed at the hearing. Any creditor holding a valid and enforceable prepetition security interest in any pre-petition property of the estate, will have a post-petition replacement lien on the same type of post-petition assets acquired by the Debtor after the Petition Date, if any, and in the same validity, priority, and extent as such creditor possessed a lien on property on the Petition Date, and will have all the rights and remedies of a secured creditor in connection with the replacement liens granted by this Order, except to the extent that the Bankruptcy Code may affect such rights and remedies. The Court will conduct a further status hearing on the Debtors' use of cash collateral on February 6, 2018, at 11:00 a.m., and in the event any objection to the Motion are filed, such objection will be addressed at that hearing. A full-text copy of the Court's Order is available at: http://bankrupt.com/misc/azb18-00002-31.pdf About Ian-K and J. Tina Keyhani Ian-K, LLC, was formed for the purpose of owning certain commercial real properties located at 3150 N. 7th St., Suite 100, Phoenix, Maricopa County, Arizona, and 3100 N. Robert Road, Prescott Valley, Yavapu County, Arizona. Ian-K has no employees. J. Tina Keyhani DDS-Oral & Maxillofacial Surgery, P.C., was formed on Oct. 15, 2001 for the purpose of providing dental services, specializing in oral and maxillofacial surgery. DDS-Oral has 2 full-time employees and 1 part-time employee (not including Keyhani). Ian-K, LLC, and DDS-Oral filed voluntary petitions under Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz. Case Nos. 18-00002 and 18-00003) on Jan. 2, 2018, estimating assets and liabilities of $500,000 to $1 million. The petitions were signed by Jaleh Tina Keyhani, member. Ian-K is operated by J. Tina Keyhani. Keyhani holds 100% membership interest and is the manager of Ian-K. DDS-Oral is owned and operated by Keyhani. Keyhani is the sole shareholder and president of DDS-Oral. Because Ian-K and DDS-Oral are owned, operated and managed by Keyhani, the Debtors filed a motion to have the cases jointly administered. JANASTON MANAGEMENT: Taps William E. Jamison as Legal Counsel ------------------------------------------------------------- Janaston Management Development Corp. seeks approval from the U.S. Bankruptcy Court for the Northern District of Illinois to hire William E. Jamison & Associates as its legal counsel. The firm will advise the Debtor regarding its duties under the Bankruptcy Code; pursue claims asserted by the Debtor; assist in the preparation of a plan of reorganization; and provide other legal services related to its Chapter 11 case. William Jamison, Jr., Esq., the attorney who will be handling the case, will charge an hourly fee of $350. His firm received an advance retainer of $8,000 prior to the petition date. Mr. Jamison disclosed in a court filing that he is "disinterested" as defined in section 101(14) of the Bankruptcy Code. The firm can be reached through: William E. Jamison, Jr. William E. Jamison, & Associates 53 W. Jackson Blvd., Suite 309 Chicago, IL 60604 Phone: (312) 226-8500 Email: wjami39246@aol.com About Janaston Management Development Janaston Management Development Corp. sought protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ill. Case No. 18-00053) on January 2, 2018. At the time of the filing, the Debtor disclosed that it had estimated assets and liabilities of less than $50,000. Judge Jacqueline P. Cox presides over the case. JERUSALEM MISSIONARY: Case Summary & 7 Unsecured Creditors ---------------------------------------------------------- Debtor: Jerusalem Missionary Baptist Church 1225 Vernon Odom Blvd. Akron, OH 44307-1050 Type of Business: Jerusalem Missionary Baptist Church is a religious organization in Akron, Ohio. The Debtor is a fee simple owner of a church building located at 1225 Vernon Odom Blvd Akron, OH 44307-1050 with an estimated value of $366,630. Chapter 11 Petition Date: January 30, 2018 Case No.: 18-50176 Court: United States Bankruptcy Court Northern District of Ohio (Akron) Judge: Hon. Alan M. Koschik Debtor's Counsel: Charles Tyler, Sr., Esq. CHARLES TYLER 66 S. Miller Road, Suite 304 Fairlawn, OH 44333 Tel: 330-665-0910 Fax: 330-247-3993 E-mail: charles.tyler@tylerlawoffice.com Total Assets: $423,105 Total Liabilities: $1.88 million The petition was signed by Roger Oliver, chairman, Deacon Board. A full-text copy of the petition, along with a list of the Debtor's seven unsecured creditors, is available for free at: http://bankrupt.com/misc/ohnb18-50176.pdf JOHN Q. HAMMONS: To Sell Assets or Refinance Debt to Pay Creditors ------------------------------------------------------------------ John Q. Hammons Fall 2006, LLC, et al., filed with the U.S. Bankruptcy Court for the District of Kansas a disclosure statement and plan of reorganization proposing to pay in full all allowed claims owed by the Debtors and distribute the net remaining value of their estates to the holders of their equity securities. In order to generate the funds to make such payment, the Debtors intend to sell sufficient assets or refinance sufficient debt to do so. At the present, the Debtors are unable to do so because lenders who would otherwise either refinance the debt owed by the Debtors or finance purchasers of the Debtors' assets will not provide those loans while JD Holdings, L.L.C., continues its appeals of orders of the Bankruptcy Court, which (a) denied JDH's motion to dismiss these bankruptcy cases, (b) denied a motion by JDH to grant relief from the automatic stay so that pre-petition state court litigation against these Debtors could continue, and (c) approved rejection of a right of first refusal agreement with JDH. Before it became apparent that lenders will not proceed until the JDH Appeals conclude, the Debtors received bids from several qualified bidders to purchase the Debtors' 35-hotel portfolio for a price sufficient to satisfy all allowed claims the Debtors owe. The Debtors have cash and additional assets beyond the hotel portfolio which are worth hundreds of millions of dollars. Accordingly, the Debtors can feasibly pay all debts and distribute the net proceeds to their owners upon completion of the JDH Appeals and sale or refinancing of the Debtors' assets. The Plan therefore proposes to conduct a sale or close a refinancing once the JDH Appeals conclude. Barring JDH's voluntary dismissal of the JDH Appeals, resolution of the appeals is expected to take approximately two years to account for JDH's public statements that it will continue to appeal ultimately to the United States Supreme Court. Within 270 days after the JDH Appeals conclude, the Debtors will then sell or refinance their assets and use the proceeds to pay all allowed claims in full in a lump sum. The Debtors believe that this sequence of transactions is the only viable means available to secure competitive bidding for the Debtors' assets and thereby obtain their highest price for all constituencies. The Plan memorializes this path to resolve the JDH Appeals and generate the cash necessary to pay creditors in full. The Plan would become effective at the end of the 270 days following the conclusion of the JDH Appeals. During the period after entry of a confirmation order approving the Plan and the effective date of the Plan, the Debtors will continue to operate their businesses as they have for decades, pay all priority and tax claims in full, continue to pay all secured debt according to the terms of the adequate protection orders and pending cash collateral orders in these cases, and pay interest on all allowed unsecured claims. A full-text copy of the Disclosure Statement dated December 20, 2017, is available at: http://bankrupt.com/misc/ksb16-21142-1583.pdf About John Q. Hammons Fall 2006 Springfield, Missouri-based John Q. Hammons Hotels & Resorts (JQH) -- http://www.jqhhotels.com/-- is a private, independent owner and manager of hotels in the United States, representing brands such as: Marriott, Hilton, Embassy Suites by Hilton, Sheraton, IHG, Chateau on the Lake Resort / Spa & Convention Center, and Plaza Hotels Collection. It has portfolio of 35 hotels representing approximately 8,500 guest rooms/suites in 16 states. John Q. Hammons Fall 2006, LLC, and its affiliated debtors filed chapter 11 petitions (Bankr. D. Kan. Case Nos. 16-21139 to 16-21208) on June 26, 2016. The petitions were signed by Greggory D. Groves, vice president. The Debtors are represented by Mark A. Shaiken, Esq., Mark S. Carder, Esq., and Nicholas Zluticky, Esq., at Stinson Leonard Street LLP. The Debtors' conflict counsel is Victor F. Weber, Esq., at Merrick Baker and Strauss PC. At the time of filing, the Debtors estimated assets at $100 million to $500 million and liabilities at $100 million to $500 million. JONES PRINTING: Committee Taps Chambliss Bahner as Legal Counsel ---------------------------------------------------------------- The official committee of unsecured creditors of Jones Printing LLC seeks approval from the U.S. Bankruptcy Court for the Eastern District of Tennessee to hire Chambliss, Bahner & Stophel, PC as its legal counsel. The firm will advise the committee regarding its duties under the Bankruptcy Code; investigate the Debtor's business operation and financial condition; analyze claims of creditors; assist the committee in negotiations with the Debtor related to financing, asset sale or plan of reorganization; and provide other legal services related to the Debtor's Chapter 11 case. The firm's hourly rates are: Harold North, Jr. $385 Jeffrey Maddux $310 Associates $250 - $300 Paraprofessionals $175 - $250 Jeffrey Maddux, Esq., disclosed in a court filing that he and his firm are "disinterested persons" as defined in section 101(14) of the Bankruptcy Code. Chambliss can be reached through: Jeffrey W. Maddux, Esq. Chambliss, Bahner & Stophel, PC Liberty Tower 605 Chestnut Street, Suite 1700 Chattanooga, TN 37450 Tel: (423) 756-3000 / (423) 757-0296 Fax: (423) 265-9574 / (423) 508-1296 E-mail: jmaddux@chamblisslaw.com About Jones Printing LLC Jones Printing, LLC -- http://jonesprinter.com-- is a printing company founded in 1941 in Chattanooga, Tennessee. For more than 75 years, it has produced creative communications solutions for Fortune 500 companies in insurance, manufacturing, healthcare, pharma, software, retail, gaming and entertainment industries. Beginning in 2011, Jones Printing has maintained "GMI Certification." Jones Printing sought protection under Chapter 11 of the Bankruptcy Code (Bankr. E.D. Tenn. Case No. 17-15187) on Nov. 10, 2017. In the petition signed by Richard Dale Ford, its president, the Debtor estimated assets of less than $50,000 and liabilities of less than $1 million to $10 million. Judge Shelley D. Rucker presides over the case. The Debtor tapped David Fulton, Esq., at Scarborough & Fulton as legal counsel. The U.S. Trustee for Region 8 appointed an official committee of unsecured creditors on Dec. 15, 2017. Chambliss, Bahner & Stophel, PC, is the Committee's legal counsel. KERSEY-BORAH: Disclosure Statement Approval Hearing Held -------------------------------------------------------- The U.S. Bankruptcy Court for the District of Georgia has considered approval of the Proposed Disclosure Statement of Kersey-Borah Properties, Inc., on January 24, 2018, at 11:00 a.m. in U.S. Bankruptcy Court, Courtroom A, 433 Cherry Street, Macon, Georgia, and any objections or modifications to the debtor's Proposed Disclosure Statement. About Kersey-Borah Properties Kersey-Borah Properties Inc., a domestic profit corporation based in Byron, Georgia, sought protection under Chapter 11 of the Bankruptcy Code (Bankr. M.D. Ga. Case No. 17-50941) on May 1, 2017. Frank Borah, CFO, signed the petition. J. Robert Williamson, Esq., and J. Hayden Kepner, Jr., Esq., at Scroggins & Williamson, P.C., serve as the Debtor's bankruptcy counsel. At the time of the filing, the Debtor estimated its assets at $10 million to $50 million and debts at $1 million to $10 million. Judge James P. Smith presides over the case. KEYSTONE PODIATRIC: Taps Gift CPAs as Accountant ------------------------------------------------ Keystone Podiatric Medical Associates, P.C., seeks approval from the U.S. Bankruptcy Court for the Middle District of Pennsylvania to hire Gift CPAs as its accountant. The firm will assist the Debtor in the preparation of its financial statements, monthly reports and tax returns, and will provide other accounting services related to its Chapter 11 case. The firm will charge the Debtor a flat rate of $7,500 per month. Mary Flynn, a certified public accountant employed with Gift CPAs, disclosed in a court filing that her firm has no connection with the Debtor or any of its creditors. Gift CPAs can be reached through: Mary L. Flynn Gift CPAs 6111 Jonestown Road Harrisburg, PA 17112 Phone: (717) 657-8907 Email: info@giftcpas.com About Keystone Podiatric Medical Associates Keystone Podiatric Medical Associates, P.C. -- https://www.keystonefootdoc.com -- provides foot and ankle care in Biglerville, West Shore, Londonderry, and Paxtonia. Keystone Podiatric sought protection under Chapter 11 of the Bankruptcy Code (Bankr. M.D. Pa. Case No. 18-00062) on Jan. 9, 2018. Richard A. Rogers, DPM, CEO, signed the petition. At the time of the filing, the Debtor estimated assets of less than $50,000 and liabilities of $1 million to $10 million. Judge Henry W. Van Eck presides over the case. Cunningham, Chernicoff & Warshawsky, P.C., is the Debtor's counsel. KIKO USA: Proposes Up to $5.5-Mil. of DIP Financing From Parent --------------------------------------------------------------- KIKO USA, Inc., seeks permission from the U.S. Bankruptcy Court for the District of Delaware to obtain up to $5.5 million in senior secured postpetition financing from KIKO S.p.A. The multi-draw term loan credit facility is secured by perfected senior priority security interests in and liens on the DIP collateral, with an interest rate of 5%. The Debtor wants to grant superpriority administrative claim status to the DIP Lender, in respect of all DIP obligations. The Debtor has reviewed its books and records. The Debtor is not aware of any secured indebtedness. The Debtor has fielded numerous calls from lenders seeking to provide funding to the Debtor. The Debtor's management engaged in discussions with many potential lenders seeking to provide the debtor in possession financing. Once the potential suitors learned that the interest rate was 5%, interest evaporated. Moreover, the Debtor was unable to obtain financing on an unsecured basis, an administrative expense basis, or on terms more favorable than the DIP Facility. Simply put, the DIP Lender provides the best value to the Debtor. As a result of the superior terms offered by the DIP Lender, no party was willing to extend debtor in possession financing on terms more favorable than those in the DIP Credit Agreement. The DIP Lender has agreed to provide a loan on favorable terms, and the DIP Facility will fund the Debtor’s operations and enable the Debtor to maximize value for the estate at a minimal cost. The Debtor says it does not have sufficient funds either on hand or generated from its business to fund operations. Without the postpetition financing that will be provided under the DIP Credit Agreement and the proposed DIP court orders, the Debtor would not be able to maintain operations and close the non-performing stores that will result in maximizing value for creditors. Without the proposed credit facility, the Debtor would not have any liquidity, among other things, to operate its business, fund its ordinary course expenditures, including paying its employees, or to pay the expenses necessary to administer this case. Absent adequate funding, the Debtor would be required to cease operations and liquidate on a piecemeal basis, causing irreparable harm to the Debtor and its estate. All proceeds of the DIP Loans will be used only for working capital and other general corporate purposes of the borrower and its respective subsidiaries. Subject to the Permitted Variances, the expenditures authorized in the budget will be adhered to on a four-week basis and on a cumulative basis. The budget will be tested on cumulative basis for a 4-week period then ended, it being understood and agreed that actual amounts of the borrower's expenditures in the aggregate may not vary from the applicable budget period by more than the Permitted Variances; provided that the fees, costs and expenses owed by the Borrower to the DIP Lender and its professionals shall not be taken into account in connection with testing compliance with the Budget (including the variance testing). The loan will mature on the earlier of (i) the Plan Consummation Date, (ii) the date of the acceleration of the DIP Loans and the termination of all commitment in accordance with the terms of the Agreement, or (iii) July 31, 2018, or other date as determined by the DIP Lender in consultation with the borrower. The obligations will be secured by enforceable and non-avoidable DIP liens in and to the DIP collateral, which DIP Liens will be automatically perfected upon the entry of the Interim DIP Order without the need for any further action by the DIP Lender or the Borrower, including the filing of any financing statements or the recording of any mortgages. The DIP Liens will be granted pursuant to Sections 364(c)(2), (c)(3) and (d)(1) of the U.S. Bankruptcy Code, and will have the priority as set forth in the DIP court order. While interest rate is 5% and the interest rate and Default Rate, the default rate is Applicable Rate + 2% per annum. DIP Credit Agreement, Definition of Default Rate A copy of the Debtor's request is available at: http://bankrupt.com/misc/deb18-10069-69.PDF About KIKO USA KIKO USA, Inc., is a retailer of cosmetics and a wholly-owned subsidiary of Italy's KIKO S.p.A. KIKO S.p.A. was founded in 1997 by Stefano Percassi, and it is controlled, through Odissea S.r.L., by Antonio Percassi, an Italian entrepreneur who has founded family-owned companies based in Bergamo, Italy. KIKO USA's products are also available in the United States via online sales via the Web site http://www.kikocosmetics.com/and, more recently, on Amazon.com utilizing the Fulfillment by Amazon program (Amazon Prime). KIKO USA has 29 retail stores in the U.S.A. located in 26 shopping malls and three street locations. KIKO USA sought Chapter 11 protection (Bankr. D. Del. Case No. 18-10069) on Jan. 11, 2018, with plans to close 24 of 29 stores. The Debtor estimated assets and liabilities of $1 million to $10 million. The Hon. Mary F. Walrath is the case judge. The Debtor tapped Perkins Coie LLP as general bankruptcy counsel; Saul Ewing Arnstein & Lehr LLP as local bankruptcy counsel; and Mark Samson as chief restructuring officer. KIKO USA: Wants To Obtain Up to $5.5M in DIP Financing From Kiko ---------------------------------------------------------------- KIKO USA, Inc., seeks permission from the U.S. Bankruptcy Court for the District of Delaware to obtain up to $5.5 million in senior secured postpetition financing from KIKO S.p.A. The multi-draw term loan credit facility is secured by perfected senior priority security interests in and liens on the DIP collateral, with an interest rate of 5%. The Debtor wants to grant superpriority administrative claim status to the DIP Lender, in respect of all DIP obligations. The Debtor has reviewed its books and records. The Debtor is not aware of any secured indebtedness. The Debtor has fielded numerous calls from lenders seeking to provide funding to the Debtor. The Debtor's management engaged in discussions with many potential lenders seeking to provide the debtor in possession financing. Once the potential suitors learned that the interest rate was 5%, interest evaporated. Moreover, the Debtor was unable to obtain financing on an unsecured basis, an administrative expense basis, or on terms more favorable than the DIP Facility. Simply put, the DIP Lender provides the best value to the Debtor. As a result of the superior terms offered by the DIP Lender, no party was willing to extend debtor in possession financing on terms more favorable than those in the DIP Credit Agreement. The DIP Lender has agreed to provide a loan on favorable terms, and the DIP Facility will fund the Debtor’s operations and enable the Debtor to maximize value for the estate at a minimal cost. The Debtor says it does not have sufficient funds either on hand or generated from its business to fund operations. Without the postpetition financing that will be provided under the DIP Credit Agreement and the proposed DIP court orders, the Debtor would not be able to maintain operations and close the non-performing stores that will result in maximizing value for creditors. Without the proposed credit facility, the Debtor would not have any liquidity, among other things, to operate its business, fund its ordinary course expenditures, including paying its employees, or to pay the expenses necessary to administer this case. Absent adequate funding, the Debtor would be required to cease operations and liquidate on a piecemeal basis, causing irreparable harm to the Debtor and its estate. All proceeds of the DIP Loans will be used only for working capital and other general corporate purposes of the borrower and its respective subsidiaries. Subject to the Permitted Variances, the expenditures authorized in the budget will be adhered to on a four-week basis and on a cumulative basis. The budget will be tested on cumulative basis for a 4-week period then ended, it being understood and agreed that actual amounts of the borrower's expenditures in the aggregate may not vary from the applicable budget period by more than the Permitted Variances; provided that the fees, costs and expenses owed by the Borrower to the DIP Lender and its professionals shall not be taken into account in connection with testing compliance with the Budget (including the variance testing). The loan will mature on the earlier of (i) the Plan Consummation Date, (ii) the date of the acceleration of the DIP Loans and the termination of all commitment in accordance with the terms of the Agreement, or (iii) July 31, 2018, or other date as determined by the DIP Lender in consultation with the borrower. The obligations will be secured by enforceable and non-avoidable DIP liens in and to the DIP collateral, which DIP Liens will be automatically perfected upon the entry of the Interim DIP Order without the need for any further action by the DIP Lender or the Borrower, including the filing of any financing statements or the recording of any mortgages. The DIP Liens will be granted pursuant to Sections 364(c)(2), (c)(3) and (d)(1) of the U.S. Bankruptcy Code, and will have the priority as set forth in the DIP court order. While interest rate is 5% and the interest rate and Default Rate, the default rate is Applicable Rate + 2% per annum. DIP Credit Agreement, Definition of Default Rate A copy of the Debtor's request is available at: http://bankrupt.com/misc/deb18-10069-69.PDF About KIKO USA KIKO USA, Inc., is a retailer of cosmetics and a wholly-owned subsidiary of Italy's KIKO S.p.A. KIKO S.p.A. was founded in 1997 by Stefano Percassi, and it is controlled, through Odissea S.r.L., by Antonio Percassi, an Italian entrepreneur who has founded family-owned companies based in Bergamo, Italy. KIKO USA's products are also available in the United States via online sales via the Web site http://www.kikocosmetics.com/and, more recently, on Amazon.com utilizing the Fulfillment by Amazon program (Amazon Prime). KIKO USA has 29 retail stores in the U.S.A. located in 26 shopping malls and three street locations. KIKO USA sought Chapter 11 protection (Bankr. D. Del. Case No. 18-10069) on Jan. 11, 2018, with plans to close 24 of 29 stores. The Debtor estimated assets and liabilities of $1 million to $10 million. The Hon. Mary F. Walrath is the case judge. The Debtor tapped Perkins Coie LLP as general bankruptcy counsel; Saul Ewing Arnstein & Lehr LLP as local bankruptcy counsel; and Mark Samson as chief restructuring officer. KINEMED INC: Court Approves Disclosures; March 22 Plan Hearing -------------------------------------------------------------- Judge Charles Novack of the U.S. Bankruptcy Court for the Northern District of California approved KineMed, Inc.'s disclosure statement referring to its plan of reorganization dated Nov. 28, 2017. The deadline to vote to accept or reject the Plan and to object to the Plan is March 1, 2018. Written objections to the confirmation of the Plan must be filed with the Court and served so that they are actually received no later than March 1, 2018. A hearing to consider confirmation of the Plan will be held before the Court on March 22, 2018, commencing at 10:00 a.m., prevailing Pacific Time. On the Effective Date of the Plan, the Debtor will become the Reorganized Debtor, vested with the following assets: Cash in the amount of $50,000; the Retained IP Contracts, the Retained IP Rights, and any income tax attributes, such as net operating losses, if usable and applicable. All prior shares of stock of the Debtor will be canceled and extinguished, and new shares of stock of the Reorganized Debtor will be issued as follows: (a) to David Fineman, in lieu of any cash distributions on his claims in excess of $650,000, 33.3% of the New Equity; (b) to Marc Hellerstein, in lieu of any cash distributions on his claims in excess of $300,000, 16.7% of the New Equity; (c) to MLG, in lieu of $100,000 of fees and costs earned and approved in the Chapter 11 Case, 10.0% of the New Equity; (c) to four members of the DIP Lender, in exchange for an approximate $325,000 reduction of the DIP Lender's secured claim, 35.0% of the New Equity; and (d) to a management incentive pool to be approved by the Reorganized Debtor's board of directors, 5.0% of the New Equity. All other assets of the Debtor will remain in the bankruptcy estate, to be administered by a Plan Agent. Those assets will include cash in the estimated, approximate amount of $550,000; nonrecourse, secured notes issued by Mr. Fineman and Dr. Hellerstein, in exchange for their shares of stock in the Reorganized Debtor, in an aggregate amount of $500,000; all contingent rights to receive additional payments from Oxeia with respect to the sale of the BPF License; and all claims or causes of action against third parties, as owned by the Debtor prior to the Effective Date (the Debtor is not aware of any such claims or causes of action). The Plan Agent will administer the estate’s assets, implement the Plan and make payments to creditors from those remaining assets of the bankruptcy estate as provided under the Plan, as funds therefor become available. In particular, as of the Effective Date, the Plan Agent will pay $315,000 to the DIP Lender, $75,000 to MLG, approximately $40,000 to holders of Priority Claims, and approximately $25,000 to holders of Administrative Expense Claims. Holders of Allowed Claims within Class C will receive pro rata payments from the bankruptcy estate, administered by the Plan Agent, to the extent of available funds, after payment or reserve for costs of administering the estate. Possible sources of funds for these payments will include existing cash of the estate (net of administrative costs of Plan implementation, payment of the DIP Lender’s reduced claim, and payment of Priority Claims and Administrative Expense Claims); a contingent $125,000 payment to be made by Oxeia pursuant to the sale of the BPF License, in the event that Oxeia chooses to purchase certain sample batches from the Ghrelin manufacturer; and the proceeds of nonrecourse four-year notes signed by Mr. Fineman and Dr. Hellerstein, due in four years, in the aggregate amount of $500,000 plus interest. The Debtor estimates that if the payment is made by Oxeia, and if notes signed by Mr. Fineman and Dr. Hellerstein are paid when due, total funds available for payment to Class C creditors may be in the approximate amount of $650,000, resulting in an approximate 25% distribution on account of Allowed Claims within Class C. A full-text copy of the First Amended Disclosure Statement is available at: http://bankrupt.com/misc/canb16-41241-214.pdf About KineMed Inc. Headquartered in Emeryville, California, KineMed Inc. has developed and validated a proprietary drug development platform to clinically advance drugs more efficiently and with less risk for later sale/out-license. KineMed is creating a pipeline of high value drug assets in muscle-wasting and fibrotic diseases. The pipeline is focused on Phase 2 trials with synthetic Ghrelin, to address CKD & muscle wasting in the elderly. KineMed filed for Chapter 11 bankruptcy protection (Bankr. N.D. Calif. Case No. 16-41241) on May 4, 2016, estimating its assets at $10 million to $50 million and debts at $1 million to $10 million. The petition was signed by David M. Fineman, chairman and chief executive officer. Judge Roger L. Efremsky presides over the case. Merle C. Meyers, Esq., at Meyrs Law Group, PC, serves as the Debtor's bankruptcy counsel. The Debtor hired Gordian Investments LLC as investment banker, and FisherBroyles LLP as special counsel. LEGACY TRANSPORTATION: March 22 Plan and Disclosures Hearing ------------------------------------------------------------ Bankruptcy Judge Jason D. Woodard conditionally approved Legacy Transportation Inc.'s small business disclosure statement, dated Jan. 9, 2018, with respect to its chapter 11 plan. Feb. 28, 2018 is fixed as the last day for filing written acceptances or rejections of the Plan. March 22, 2018 at 10:00 A.M., in the Cochran U.S. Bankruptcy Courthouse, 703 Highway 145 North, Aberdeen, MS, is fixed for the hearing on final approval of the Disclosure Statement and for the hearing on the confirmation of Plan. Feb. 28, 2018 is fixed as the last day for filing and serving written objections to the Disclosure Statement and confirmation of the Plan. About Legacy Transportation Legacy Transportation filed a Chapter 11 petition (Bankr. N.D. Miss. Case No. 17-13385) on September 11, 2017, listing under $1 million in both assets and liabilities. Judge Jason D. Woodard presides over the case. Gwendolyn Baptist-Rucker at The Baptist Law Firm, PLLC represents the Debtor as counsel. At the time of filing, the Debtor estimated its assets and liabilities below $1 million. LG MADRONE: Voluntary Chapter 11 Case Summary --------------------------------------------- Debtor: LG Madrone, LLC 2316 N. Wahsatch Ave. Colorado Springs, CO 80907 Business Description: LG Madrone, LLC, headquartered in Colorado Springs, Colorado, listed itself as a Single Asset Real Estate (as defined in 11 U.S.C. Section 101(51B)). LG Madrone is the fee simple owner of a real property located at 2931 Madrone Ln. Pebble Beach, CA valued by the Company at $1.45 million. Chapter 11 Petition Date: January 31, 2018 Case No.: 18-50204 Court: United States Bankruptcy Court Northern District of California (San Jose) Judge: Hon. Stephen L. Johnson Debtor's Counsel: Charles B. Greene, Esq. LAW OFFICES OF CHARLES B. GREENE 84 W Santa Clara St. #800 San Jose, CA 95113 Tel: (408) 279-3518 E-mail: cbgattyecf@aol.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Randy King, president - The Legacy Group, Inc. The Debtor did not file a list of its 20 largest unsecured creditors on the Petition Date. A full-text copy of the petition is available for free at: http://bankrupt.com/misc/canb18-50204.pdf MACAVITY COMPANY: Still Seeking Funding for Development Proceeds ---------------------------------------------------------------- Macavity Company, LLC, amended the disclosure statement explaining its plan of reorganization to disclose that it is currently seeking a funding source for the Development Proceeds, through a potential combination of debt and equity financing. If the Debtor is unable to secure the Development Proceeds, the Debtor has agreed to a Sale Process managed by Range Realty. Under the Amended Disclosure Statement, Multistate will have an allowed secured claim as of the Effective Date of the Plan, which will include as its components, principal as of the petition date, accrued but unpaid interest through the Effective Date computed at the non-default rate of interest (25%) under the Multistate loan documents, and all reasonable costs and fees permitted under Section 506 of the Bankruptcy Code. The amount of the Fees and Costs will be as agreed upon by the parties or as the Court may determine after an appropriate hearing. The right of the Debtor to object to the reasonableness of the Fees and Costs is reserved. As of December 20, 2017, Multistate estimates the amount of the Allowed Multistate Claim to be not less than $8,298,135.92 (without final calculation of amounts payable under Section 506 of the Bankruptcy Code). The Debtor waives all challenges or objections of any kind to the Allowed Multistate Claim, other than a challenge to the Fees and Costs. The Property will be developed (horizontally) and sold to homebuilders in phases consistent with the approved Site Plan and Development Agreement. The Debtor anticipates that Phase 1 should be fully sold to home builders, and lots delivered, by the second quarter of 2019. The Debtor anticipates that each subsequent Phase 2 through 6 will be completed and sold to builders every twelve months thereafter. As development progresses, the Debtor will also be moving toward funding of the Developer Cash Contribution and funding of the PID Bonds. By not later than May 15, 2018, the Debtor will provide Multistate with evidence that it has received not less than $20,500,000 in immediately available funds from any combination of loan proceeds and/or equity contributions as may be determined by the Debtor. If the Debtor fails to obtain the Development Proceeds by the Conversion Date, the Debtor will immediately commence with a process to effectuate the auction sale of the Property to be administered by Chris Burrow of Range Realty, or such other person as the Debtor and Multistate may mutually determine. A full-text copy of the Amended Disclosure Statement dated December 20, 2017, is available at: http://bankrupt.com/misc/azb17-08474-170.pdf About Macavity Company Macavity Company, LLC, develops real estate properties. It was incorporated in 2008 and is based in Mesa, Arizona. It has a fee simple interest in an 861.50-acre undeveloped land located at NW Corner of Monte Carlo Boulevard and FM 75, Princeton, Texas, valued at $28 million. Macavity Company sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz. Case No. 17-08474) on July 24, 2017. Lane Spencer of Ready RDC LLC, sole member, signed the petition. At the time of the filing, the Debtor disclosed $28.12 million in assets and $17.29 million in liabilities. Judge Brenda K. Martin presides over the case. Gallagher & Kennedy, PA represents the Debtor as bankruptcy counsel. The Debtor hires Polsinelli PC, as general bankruptcy and restructuring counsel; CBRE Inc. as appraiser; and MCA Financial Group Ltd. as financial advisor. An official committee of unsecured creditors has not yet been appointed in the Chapter 11 case. MISSIONARY ASSEMBLY: Taps Income Tax Plus as Accountant ------------------------------------------------------- Missionary Assembly of God of Marlborough, Inc., seeks approval from the U.S. Bankruptcy Court for the District of Massachusetts to hire Income Tax Plus as its accountant. The firm will assist the Debtor in the preparation of its tax returns and will and provide other accounting services related to its Chapter 11 case. Fernando Castro, the accountant who will be providing the services, will charge an hourly fee of $70. Mr. Castro disclosed in a court filing that he and other members of the firm are "disinterested" as defined in section 101(14) of the Bankruptcy Code. Income Tax Plus can be reached through: Fernando Castro Income Tax Plus 100 Concord St. Framingham, MA 01702 Phone: (508) 872 5597 About Missionary Assembly of God of Marlborough Inc. Missionary Assembly of God of Marlborough Inc. is a religious corporation as defined by Massachusetts law, and a Sec. 501(c)(3) charitable organization that operates as church for Christian fellowship. Its financial problems stem in part from a decline in attendance, but mostly from the fact that the mortgage on the property was a short-term, balloon mortgage which came due. Missionary Assembly of God filed a Chapter 11 bankruptcy petition (Bankr. D. Mass. Case No. 17-41182) on June 28, 2017, estimating under $50,000 in both assets and liabilities. The petition was signed by Andre Bouzada Ornelas, Vice President. The Hon. Elizabeth D. Katz presides over the case. The Debtor hired David G. Baker, Esq., at the Law Office of David G. Baker, as counsel. MOUNTAIN CRANE: Seeks to Hire Ritchie Bros. as Auctioneer --------------------------------------------------------- Mountain Crane Service LLC seeks approval from the U.S. Bankruptcy Court for the District of Utah to hire an auctioneer. The Debtor proposes to employ Ritchie Bros. Auctioneers (America) Inc. to assist in the sale of cranes and other equipment it owns, and pay the firm a 10% commission from the sale proceeds. Ritchie Bros. has no direct or indirect relationship to, connection with, or interest in the Debtor or any of its creditors, according to court filings. The firm can be reached through: Danny Gaztambide Ritchie Bros. Auctioneers (America) Inc. 4000 Pine Lake Road Lincoln, NE 68516 Phone: 402.421.3631 E-mail: rbauction.com About Mountain Crane Service Mountain Crane Service, LLC -- https://www.mountaincrane.com/ -- specializes in refinery turnarounds and has a fleet comprised of over 100 cranes, and hundreds of other pieces of equipment dedicated to refineries in Utah, Montana, and Wyoming. It is located in Salt Lake City, Utah, with satellite offices and wind maintenance service locations in Montana, Nevada, Washington, Idaho, Wyoming, Iowa, Texas and Michigan. Mountain Crane Service sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Utah Case No. 18-20225) on Jan. 12, 2018. In the petition signed by Paul Belcher, managing member, the Debtor estimated assets and liabilities of $50 million to $100 million. Judge Joel T. Marker presides over the case. The Debtor tapped Matthew M. Boley, Esq., and Steven C. Strong, Esq., at Cohne Kinghorn, P.C., as counsel. MOUNTAIN CRANE: Taps Cohne Kinghorn as Legal Counsel ---------------------------------------------------- Mountain Crane Services LLC seeks approval from the U.S. Bankruptcy Court for the District of Utah to hire Cohne Kinghorn, P.C., as its legal counsel. The firm will advise the Debtor regarding its duties under the Bankruptcy Code; assist in any potential sale of its assets; negotiate and prepare a plan of reorganization; and provide other legal services related to its Chapter 11 case. The primary attorneys and paraprofessionals expected to represent the Debtor and their current standard hourly rates are: Matthew Boley $325 George Hofmann $330 Steven Strong $315 Adam Reiser $185 Jeffrey Trousdale $170 Diane Haney $120 Jennifer Hasty $100 The firm received an initial retainer of $65,000, of which $16,920.70 was used to pay its fees and costs and $1,717 for the filing fee. Cohne Kinghorn has no direct or indirect relationship to, connection with, or interest in the Debtor or any of its creditors, according to court filings. The firm can be reached through: Matthew M. Boley, Esq. Steven C. Strong, Esq. Cohne Kinghorn, P.C. 111 East Broadway, 11th Floor Salt Lake City, UT 84111 Tel: (801) 363-4300 E-mail: mboley@cohnekinghorn.com sstrong@cohnekinghorn.com About Mountain Crane Service Mountain Crane Service, LLC -- https://www.mountaincrane.com/ -- specializes in refinery turnarounds and has a fleet comprised of over 100 cranes, and hundreds of other pieces of equipment dedicated to refineries in Utah, Montana, and Wyoming. It is located in Salt Lake City, Utah, with satellite offices and wind maintenance service locations in Montana, Nevada, Washington, Idaho, Wyoming, Iowa, Texas and Michigan. Mountain Crane Service sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Utah Case No. 18-20225) on Jan. 12, 2018. In the petition signed by Paul Belcher, managing member, the Debtor estimated total assets and liabilities of $50 million to $100 million. The Debtor tapped Matthew M. Boley, Esq., and Steven C. Strong, Esq., at Cohne Kinghorn, P.C., as counsel. MOUNTAIN CRANE: Taps RMA as Accountant, Financial Advisor --------------------------------------------------------- Mountain Crane Service LLC seeks approval from the U.S. Bankruptcy Court for the District of Utah to hire Rocky Mountain Advisory, LLC as its accountant and financial advisor. The firm will oversee the preparation of the Debtor's financial reports; assist the Debtor in keeping accurate books and records; advise its tax preparers; analyze claims; prepare budgets and financial projections; and provide other services related to the Debtor's Chapter 11 case. The primary RMA professionals expected to provide the services and their standard hourly rates: Gil Miller $395 John Curtis $280 Luke Houston $235 Elizabeth Williams $235 Heather Young $220 Other professionals $80 - $280 RMA received an initial retainer in the sum of $50,000 before the Petition Date. John Curtis, a certified public accountant, disclosed in a court filing that his firm has no direct or indirect relationship to, connection with, or interest in the Debtor or any of its creditors. The firm can be reached through: John H. Curtis Rocky Mountain Advisory, LLC 215 South State Street, Suite 550 Salt Lake City, UT 84111 Phone: 801.428.1604 / 801.428.1600 Fax: 801.428.1612 / 801.428.1601 E-mail: jcurtis@rockymountainadvisory.com About Mountain Crane Service Mountain Crane Service, LLC -- https://www.mountaincrane.com/ -- specializes in refinery turnarounds and has a fleet comprised of over 100 cranes, and hundreds of other pieces of equipment dedicated to refineries in Utah, Montana, and Wyoming. It is located in Salt Lake City, Utah, with satellite offices and wind maintenance service locations in Montana, Nevada, Washington, Idaho, Wyoming, Iowa, Texas and Michigan. Mountain Crane Service sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Utah Case No. 18-20225) on Jan. 12, 2018. In the petition signed by Paul Belcher, managing member, the Debtor estimated assets and liabilities of $50 million to $100 million. Judge Joel T. Marker presides over the case. The Debtor tapped Matthew M. Boley, Esq., and Steven C. Strong, Esq., at Cohne Kinghorn, P.C., as counsel. NOLES PARTNERS: March 28 Plan Confirmation Hearing -------------------------------------------------- Bankruptcy Judge Michael G. Williamson issued an order conditionally approving Noles Partners, LLC's disclosure statement. Any written objections to the Disclosure Statement must be filed with the Court and served no later than seven days prior to the date of the hearing on confirmation. The Court will conduct a hearing on confirmation of the Plan on March 28, 2018 at 9:30 AM in Tampa, FL -- Courtroom 8A, Sam M. Gibbons United States Courthouse, 801 N. Florida Avenue. Parties in interest must submit their written ballot accepting or rejecting the Plan no later than eight days before the date of the Confirmation Hearing. Objections to confirmation must be filed with the Court and served no later than seven days before the date of the Confirmation Hearing. About Noles Partners, LLC Noles Partners, LLC filed a Chapter 11 bankruptcy petition (Bankr. M.D.Fla. Case No. 17-08142) on September 22, 2017. Buddy D. Ford, Esq., at Buddy D. Ford, PA serves as bankruptcy counsel. The Debtor's assets and liabilities are both below $1 million. The Hon. Michael G. Williamson presides over the case. PADCO ENERGY: Committee Blocks Approval of Plan Outline ------------------------------------------------------- The Official Committee of Unsecured Creditors of PADCO Pressure Control, L.L.C. filed an objection to Debtor Padco Energy Services, LLC's first amended disclosure statement to support the Debtor's first amended plan filed on Nov. 20, 2017. The Committee contends that the Court should disapprove the Disclosure Statement because the Plan is patently unconfirmable. The Plan violates the absolute priority rule, and its attempt to satisfy the alleged "new value" exception to the absolute priority rule violates well-established case law. Under the Plan, the equity class of interest, a class subordinate to the unsecured creditors' class, is purporting to retain its interest in the Debtor limited liability company by paying a mere $75,000 to the Debtor, despite the fact that unsecured creditors are to receive payment of approximately only a fraction of their stated claims, all in seeming violation of the absolute priority rule. The Debtor is attempting to justify this action under the so-called, alleged "new value" exception to the absolute priority rule. The Disclosure Statement also does not contain "adequate information." As noted in the motion for sanctions filed in the Padco Pressure matter, the Debtor has still not tendered thousands of pieces of Padco Pressure equipment to that entity, and presumably must store it, ensure the same and or is utilizing this equipment for its own benefit. In any case, Padco Energy should disclose information regarding this equipment. The Troubled Company Reporter previously reported that the Debtor will pay the secured claim of Home Federal Bank $1.2MM at 5.25% interest over 10 years. A full-text copy of the Committee's Objection is available at: http://bankrupt.com/misc/lawb16-51380-269.pdf Attorneys for the Official Committee of Unsecured Creditors of PADCO Pressure Control, L.L.C.: Lisa M. Hedrick (LA Bar No. 26421) ADAMS AND REESE LLP 701 Poydras Street, Suite 4500 New Orleans, Louisiana 70139 Telephone: (504) 581-3234 Fax: (504) 566-0210 -and- Patrick L. McCune (LA Bar No. 31863) ADAMS AND REESE LLP 450 Laurel Street, Suite 1900 Baton Rouge, LA 70801 Telephone: (225) 336-5200 Fax: (225) 336-5220 About Padco Energy Services, LLC PADCO Pressure Control, L.L.C., based in Lafayette, LA, filed a Chapter 11 petition (Bankr. W.D. La. Case No. 16-51381) on October 4, 2016. The Hon. Robert Summerhays presides over the case. Thomas E. St. Germain, member of Weinsten & St. Germain, LLC, as bankruptcy counsel. In its petition, the Debtor estimated $0 to $50,000 in assets and $1 million to $10 million in liabilities. The petition was signed by Michael Carr, chief executive officer. No official committee of unsecured creditors has been appointed in the case. PATRIOT NATIONAL: Case Summary & 20 Largest Unsecured Creditors --------------------------------------------------------------- Lead Debtor: Patriot National, Inc. aka Old Guard Risk Services, Inc. 401 East Las Olas Boulevard, Suite 1650 Fort Lauderdale, FL 33301 Type of Business: Fort Lauderdale, Florida-based Patriot National, through its subsidiaries, provides agency, underwriting and policyholder services to its insurance carrier clients, primarily in the workers' compensation sector. Patriot National provides general agency services, technology outsourcing, software solutions, specialty underwriting and policyholder services, claims administration services and self-funded health plans to its insurance carrier clients, employers and other clients. Patriot was incorporated in Delaware in November 2013. The Company completed its initial public offering in January 2015 and its common stock is listed on the New York Stock Exchange under the symbol "PN." Visit http://www.patnat.comfor more information. Chapter 11 Petition Date: January 30, 2018 Affiliates that simultaneously filed Chapter 11 petitions: Debtor Case No. ------ -------- Patriot National, Inc. (Lead Case) 18-10189 Patriot Services, LLC 18-10190 TriGen Insurance Solutions, Inc. 18-10191 Patriot Captive Management, LLC 18-10192 Patriot Underwriters, Inc. 18-10193 TriGen Hospitality Group, Inc. 18-10194 Patriot Risk Consultants, LLC 18-10195 Patriot Audit Services, LLC 18-10196 Patriot Claim Services, Inc. 18-10197 Patriot Risk Services, Inc. 18-10198 Corporate Claims Management, Inc. 18-10199 CWIBenefits, Inc. 18-10200 Forza Lien, LLC 18-10201 Contego Investigative Services, Inc. 18-10202 Contego Services Group, LLC 18-10203 Patriot Care Management, LLC 18-10204 Radar Post-Closing Holding Company, Inc. 18-10205 Patriot Technology Solutions, LLC 18-10206 Decision UR, LLC 18-10207 Court: United States Bankruptcy Court District of Delaware (Delaware) Debtors' Counsel: Laura Davis Jones, Esq. James E. O'Neill, Esq. Peter J. Keane, Esq. PACHULSKI STANG ZIEHL & JONES LLP 919 North Market Street, 17th Floor P.O. Box 8705 Wilmington, Delaware 19899-8705 (Courier 19801) Tel: (302) 652-4100 Fax: (302) 652-4400 E-mail: ljones@pszjlaw.com joneill@pszjlaw.com pkeane@pszjlaw.com - and - Kathryn A. Coleman, Esq. Christopher Gartman, Esq. Jacob Gartman, Esq. HUGHES HUBBARD & REED LLP One Battery Park Plaza New York, NY 10004-1482 Tel: (212) 837-6000 Fax: (212) 422-4726 E-mail: katie.coleman@hugheshubbard.com chris.gartman@hugheshubbard.com jacob.gartman@hugheshubbard.com Debtors' Financial Advisor: DUFF & PHELPS, LLC Debtors' Provider of EVP of Finance and Related Advisory Services: CONWAY MACKENZIE MANAGEMENT SERVICES, LLC Debtors' Claims, Noticing & Balloting Agent: PRIME CLERK LLC Web site: https://cases.primeclerk.com/patnat Total Assets as of Dec. 31, 2017: $159,415,856 Total Debt as of Dec. 31, 2017: $242,178, 504 The petitions were signed by James S. Feltman, chief restructuring officer. A full-text copy of Patriot National's petition is available at: http://bankrupt.com/misc/deb18-10189.pdf Consolidated List of Debtors' 20 Largest Unsecured Creditors: Entity Nature of Claim Claim Amount ------ --------------- ------------ MCMC LLC Professional $2,129,861 15 River Road, Suite 200 Services Wilton, CT 06987 Attn: Doug Markham Tel: (617) 375-7778 Email: doug.markham@careworksmcs.com Kasowitz Benson Torres Professional $1,097,620 & Friedman LLP Services 1633 Broadway, New York NY 10019 Attn: Joshua Siegel Tel: (212) 506-1961 Email: jsiegel@kasowitz.com Thomas H. Lee Professional $945,000 Management Company LLC Services 100 Federal Street, Boston, MA 02110 Attn: Robin Weinberg Tel: (617) 227-1050 Email: rweinberg@sardverb.com Greenberg Traurig PA Professional $779,230 401 East Las Olas Blvd., Services Suite 2000 Fort Lauderdale, FL 33301 Attn: Fred Karlinsky Tel: (954) 765-0500 Email: karlinskyf@gtlaw.com Conrad & Scherer, LLP Professional $698,020 633 South Federal Highway Services P.O. Box 14723, Fort Lauderdale FL 33302 Attn: Alexander V. Masotti Tel: (954) 847-3330 Email: amasotti@conradscherer.com Perkins Coie LLP Professional $374,048 1201 Third Avenue, Suite 4900 Services Seattle, WA 98101 Attn: Jeff Bowen Tel: (206) 359-9000 Email: jbowen@perkinscoie.com Berger Singerman Professional $337,917 350 East Las Olas Boulevard Services Fort Lauderdale, FL 33301 Attn: Charles H. Lichtman Tel: (954) 525-9900 Email: clichtman@bergersingerman.com Ilingo2.com Trade $323,830 P.O. Box 2197 Vista CA 92085 Attn: Heidi Castaneda Tel: (800) 311-8331 Email: heidi@castaneda@ilingo2.com Protiviti, Inc. Trade $310,858 12269 Collections Center Drive Chicago, IL 60693 Attn: Charles G. Soranno Tel: (954) 712-3100 Email: charles.soranno@protiviti.com Sun Capital Group VI, LLC Professional $200,000 Email: jwien@suncappart.com Services Shomer Insurance Agency, Inc. Professional $195,353 Email: ari@shomerinsurance.com Services Cisco Systems Capital Corporation Trade $181,052 Email: csc-us-rms@cisco.com Simpson Thacher & Bartlett LLP Professional $148,832 Email: kkelley@stblaw.com Services Prosight Specialty Insurance Trade $136,344 Email: jscudero@prosightspecialty.com Cahill Gordon & Reindel LLP Professional $127,505 Email: bbondi@cahill.com Services Littler Mendelson PC Professional $127,252 Email: ekeyser@littler.com Services Kforce, Inc. Trade $113,197 Email: agill@kforce.com Willkie Farr & Gallagher LLP Professional $112,217 Email: aturteltaub@willkie.com Services KPMG LLP Professional $104,790 Email: atapp@kpmg.com Services Sandeep Mehta Professional $75,000 Email: sandeepmehta@ajiraai.com Services PETROLEUM TOWERS: Case Summary & 20 Largest Unsecured Creditors --------------------------------------------------------------- Debtor: Petroleum Towers - Cotter, LLC c/o Marcus P. Rogers, P.C. 2135 E. Hildebrand San Antonio, TX 78209 Type of Business: Petroleum Towers - Cotter, LLC is the owner of the twin 8-story Petroleum Towers located at 8626/8700 Tesoro Dr. San Antonio, TX 78217. The Towers feature parking space, quick access to major arteries, close proximity to hotels, restaurants, retailers and business services, 24/7 card-key building access, and an on-site management and maintenance team. Visit http://www.cotteroffices.com/portfolio- type/petroleum-towers for more information. Chapter 11 Petition Date: February 1, 2018 Court: United States Bankruptcy Court Western District of Texas (San Antonio) Case No.: 18-50197 Judge: Hon. Ronald B. King Debtor's Counsel: H. Anthony Hervol, Esq. LAW OFFICE OF H. ANTHONY HERVOL 4414 Centerview Dr, Suite 200 San Antonio, TX 78228 Tel: (210) 522-9500 Fax : (210) 522-0205 E-mail: hervol@sbcglobal.net Estimated Assets: $10 million to $50 million Estimated Liabilities: $10 million to $50 million The petition was signed by Marcus P. Rogers, Ind. Adm. of the Estate of James F. Cotter, Dec'd. A full-text copy of the petition is available for free at: http://bankrupt.com/misc/txwb18-50197.pdf List of Debtor's 20 Largest Unsecured Creditors: Entity Nature of Claim Claim Amount ------ --------------- ------------ Ace Sprinklers Sprinkler Repairs $2,981 Blackmon-Mooring Hazard Cleanup $1,429 Cascade Water Services Water Treatment $1,294 CPI Office Products Janitorial $9,411 Supplies Crown Custom Builders Tenant Improvement $2,486 Flo-Aire Service, Inc HVAC Repairs $8,030 Good Guys Tenant Improvements $1,992 Remodeling & Landscaping Green Carpet Co. Tenant Improvement $3,968 Massengale Armature HVAC Repairs $2,530 Matera Paper Company Janitorial Supplies $2,148 National Compressor HVAC Repairs $1,400 Exchange, Inc. O'Connor & Associates Prof. Fees $784 Philip J. Rodriguez Plumbing Repairs $425 Plumbing Plant Interscapes Interior Plants $441 Roto Rooter Plumbing Repairs $6,732 Plumbing & Drain Service Texas Chiller HVAC Repairs $69,833 Systems, LLC Total Com Management, Inc. Fire Protection $451 Waste Management Trash Removal $832 of Texas, Inc. Wilfrido Cabuto Exterior $9,736 Landscaping Zavala Painting Tenant Improvement $3,031 PHILADELPHIA ENERGY: Davis Polk Advises Term Loan B Lenders ----------------------------------------------------------- Davis Polk is advising a group of prepetition term loan B lenders under a $550 million credit facility in the chapter 11 restructuring of Philadelphia Energy Solutions Refining and Marketing LLC and certain of its affiliates. On January 12, 2018, the term loan B lender group, which represents approximately 91% of the term loan B, and certain other parties entered into a restructuring support agreement with Philadelphia Energy for a comprehensive restructuring to be implemented through a prepackaged chapter 11 plan of reorganization. The restructuring contemplates that, upon consummation of the plan, among other things, prepetition term loan B lenders will equitize a portion of their claims in exchange for approximately two-thirds of the reorganized company's equity and receive their pro rata share of one tranche of a first-lien unitranche exit facility. On January 21, 2018, Philadelphia Energy filed the prepackaged plan, together with its voluntary chapter 11 petitions, in the Bankruptcy Court for the District of Delaware. The prepackaged plan enjoys the support of more than 90% of Philadelphia Energy's term loan B. The term loan B lenders are also providing a $120 million debtor-in-possession credit facility of $120 million that will convert into the senior-most tranche of the exit facility upon Philadelphia Energy's emergence from bankruptcy. The DIP lenders will also receive a portion of the reorganized equity at emergence on account of their financing commitment. At the debtors' "first day" hearing on January 23, 2018, the Bankruptcy Court approved the DIP Financing on an interim basis along with all of the debtors' other requested first day relief. Philadelphia Energy owns and operates the Point Breeze and Girard Point oil refineries located on an integrated, 1,300 acre refining complex in Philadelphia. The 335,000 barrels per day of combined capacity makes Philadelphia Energy the largest refining complex on the Eastern Seaboard. The Davis Polk restructuring team includes partner Damian S. Schaible and associates Aryeh Ethan Falk and Jonah A. Peppiatt. The credit team includes partner Joseph P. Hadley, counsel Christian Fischer and associate Matthew W. Levy. The corporate team includes partner Stephen Salmon and associate Bryan M. Quinn. The tax team includes counsel Ethan R. Goldman and associate Andrew Imber. Members of the Davis Polk team are located in the New York and Northern California offices. About Philadelphia Energy Solutions Philadelphia Energy Solutions Inc. -- http://pes-companies.com-- is a holding company. The Company operates through two subsidiaries: Philadelphia Energy Solutions Refining and Marketing LLC and North Yard Logistics, L.P. The Company operates through two segments: refining and logistics. The Company's subsidiary, Philadelphia Energy Solutions Refining and Marketing LLC, operates refining segment. The Company's subsidiary, Philadelphia Energy Solutions Refining and Marketing LLC, is a merchant refiner and marketer that operate the Philadelphia refining complex, which consists of the 190,000 barrels per day (bpd) Girard Point facility and the 145,000 bpd Point Breeze facility on a 1,300 acre site. The Company's subsidiary, North Yard Logistics, L.P., operates logistics segment. The logistics segment provides rail unloading services to the refining segment. PIN OAK: Court OK's Appointment of Robert Johns as Ch. 11 Trustee ----------------------------------------------------------------- Judge Patrick M. Flatley of the U.S. Bankruptcy Court for the Northern District of West Virginia approved the appointment of Robert L. Johns as the Chapter 11 Trustee in the case of Pin Oak Properties, LLC. About Pin Oak Properties Pin Oak Properties, LLC, operates the Middletown Mall located at 9429 W Mill Street, White Hall, Marion County, West Virginia. Pin Oak Properties filed a Chapter 11 petition (Bankr. N.D. W.Va. Case No. 17-00608) on June 7, 2017. Dietrich Steve Fansler, its managing member and 100% owner, signed the petition. The Hon. Patrick M. Flatley is the case judge. The Debtor has hired Gianola, Barnum, Bechtel & Jecklin, LC, in Morgantown, West Virginia, as counsel; and Steven G. Williams, CPA/ABV, as accountant. An official committee of unsecured creditors has not been appointed in the Chapter 11 case of Pin Oak Properties, LLC, as of July 27, according to a court docket. PIN OAK: Trustee Taps Turner & Johns as Legal Counsel ----------------------------------------------------- Pin Oak Properties, LLC's Chapter 11 trustee seeks approval from the U.S. Bankruptcy Court for the Northern District of West Virginia to hire his own firm as legal counsel. Robert Johns, the bankruptcy trustee, proposes to employ Turner & Johns, PLLC to represent him in the Chapter 11 case filed by Pin Oak Properties. The firm's hourly rates for its attorneys range from $200 to $400. The attorneys are: Wendel Turner $400 Robert Johns $400 Brian Blickenstaff $325 Joseph Johns $250 Paralegals charge an hourly fee of $90. Mr. Johns disclosed in a court filing that his firm is a "disinterested person" as defined in section 101(14) of the Bankruptcy Code. The firm can be reached through: Robert L. Johns, Esq. Turner & Johns, PLLC 216 Brooks Street, Suite 200 Charleston, WV 25301 Phone: 304-720-2312 / 304-720-2300 Fax: 304-720-2311 Email: rjohns@turnerjohns.com About Pin Oak Properties Pin Oak Properties, LLC, operates the Middletown Mall located at 9429 W Mill Street, White Hall, Marion County, West Virginia. Pin Oak Properties filed a Chapter 11 petition (Bankr. N.D. W.Va. Case No. 17-00608) on June 7, 2017. Dietrich Steve Fansler, its managing member and 100% owner, signed the petition. At the time of the filing, the Debtor disclosed $18 million in assets and $14.11 million in liabilities. The Hon. Patrick M. Flatley is the case judge. The Debtor hired Gianola, Barnum, Bechtel & Jecklin, LC, as counsel; and Steven G. Williams, CPA/ABV, as accountant. Robert L. Johns, Esq., was appointed Chapter 11 trustee in the Debtor's case. The Trustee tapped his own firm, Turner & Johns, PLLC, as counsel in the case. No official committee of unsecured creditors has been appointed. PINE FOREST ASSOCIATES: Taps Harriss & Hartman as Legal Counsel --------------------------------------------------------------- Pine Forest Associates LP seeks approval from the U.S. Bankruptcy Court for the Eastern District of Tennessee to hire Harriss & Hartman Law Firm, P.C. as its legal counsel. The firm will assist the Debtor in the negotiation and formulation of a plan of reorganization, and will provide other legal services related to its Chapter 11 case. The firm will charge an hourly fee of $175 and has requested a retainer fee in the sum of $5,000. Brent James, Esq., at Harriss & Hartman, disclosed in a court filing that the firm and its attorneys do not represent any interest adverse to the Debtor or its estate. The firm can be reached through: Brent James, Esq. Harriss & Hartman Law Firm, P.C. P.O. Drawer 220 200 McFarland Building Rossville, GA 30741 Phone: (706) 861-0203 Email: bkcourts@harrisshartman.com About Pine Forest Associates LP Pine Forest Associates LLP is a business service located in Malibu, California. Pine Forest sought protection under Chapter 11 of the Bankruptcy Code (Bankr. E.D. Tenn. Case No. 17-15097) on Nov. 6, 2017. David Ott, general partner, signed the petition. At the time of the filing, the Debtor estimated assets and liabilities of less than $500,000. Judge Shelley D. Rucker presides over the case. PLAZA BROADWAY: Court Directs Watchdog to Appoint Ch. 11 Trustee ---------------------------------------------------------------- Judge Stacey G.C. Jernigan of the U.S. Bankruptcy Court for the Northern District of Texas, at the behest of Plaza Broadway, LLC, has directed the United States Trustee to promptly confer with the parties in interest in this case and forthwith appoint and file an application for approval of the appointment a chapter 11 trustee for the bankruptcy estate of Plaza Broadway. Plaza Broadway Retail Group, LLC Plaza Broadway LLC filed a Chapter 11 bankruptcy petition (Bankr. N.D. Tex. Case No. 17-30247) on January 20, 2017 and Plaza Broadway Retail Group, LLC filed (Bankr. N.D. Tex. Case No. 17-30266) on January 22, 2017. The petitions were signed by Carlos Quintanilla, manager. At the time of filing, the Debtors assets and liabilities are both below $50,000. Eric A. Liepins, PC served as bankruptcy counsel but was later replaced by Quilling, Selander, Lownds, Winslett & Moser, PC. The Debtors employ James D. Parker, as accountant. A Motion for Joint Administration was filed on December 28, 2017 to jointly administer the bankruptcy proceedings of the Debtors in Plaza Broadway, LLC, Case No. 17-30247 and Plaza Broadway Retail Group, LLC, Case No. 17-30266 in accordance with Federal Rule of Bankruptcy Procedure 1015(b). POSTO 9 LAKELAND: May Use Cash Collateral on Final Basis -------------------------------------------------------- Judge Michael G. Williamson of the U.S. Bankruptcy Court for the Middle District of Florida has authorized Posto 9 Lakeland, LLC and Posto 9 Properties, LLC, to continue to use cash collateral on a final basis for ordinary expenses in compliance with the budget previously provided to CenterState Bank, N.A. As adequate protection, all income derived from the business operations of the Debtors will be deposited into the debtor-in-possession account. The Debtors will disburse funds from the DIP Account to pay the reasonable and customary expenses associated with the operation of the Debtors' business in accordance with the Budget. The Debtors will provide CenterState with monthly written reporting as to the status of its operations, collections, generation of accounts receivable, and disbursements in a format acceptable to CenterState. In addition, CenterState is granted a replacement lien in any cash collateral acquired by the Debtor subsequent to the Petition Date to the same extent, validity, and priority of their respective liens in such Cash Collateral as of the Petition Date. CenterState will also be allowed to inspect the books and records of the Debtor and to inspect the real property of the Debtor in which CenterState holds a mortgage interest. The Debtor is required to: (a) provide proof of insurance on all real property in which CenterState holds a mortgage interest, (b) maintain all necessary insurance coverage on CenterState's collateral and under no circumstances will the Debtor allow its insurance coverage to lapse, (c) continue to pay such monthly insurance payment in a timely manner. The Debtor will provide to CenterState's counsel a written statement supported by evidence of the Debtors' compliance with the foregoing. Pending further Order of the Court, the Debtor will not be required to make any adequate protection payments. A full-text copy of the Final Order is available at: http://bankrupt.com/misc/flmb17-07887-109.pdf About Posto 9 Lakeland Posto 9 Lakeland, LLC, is a privately held company that operates a Brazilian restaurant at 215 East Main Street Lakeland, Florida 33801, Polk County. Posto 9 Properties listed its business as a single asset real estate (as defined in 11 U.S.C. Section 101(51B)). It owns in fee simple interest a real property located at 215 East Main Street, Lakeland, Florida 33801 valued at $2.39 million. Posto 9 Lakeland, LLC (Bankr. M.D. Fla. Case No. 17-07887) and affiliate Posto 9 Properties, LLC (Bankr. M.D. Fla. Case No. 17-07890) filed Chapter 11 bankruptcy petitions on Sept. 6, 2017. In the petitions signed by Marco Franca, manager, Posto 9 Lakeland listed $1,210,000 in total assets and $4,850,000 in total liabilities, and Posto 9 Properties listed $2,410,000 in total assets and $3,800,000 in total liabilities. Judge Michael G. Williamson presides over the case. Eric D. Jacobs, Esq., and David S. Jennis, Esq., at Jennis Law Firm, serve as the Debtors' bankruptcy counsel. PRIME HOTEL: Case Summary & 11 Unsecured Creditors -------------------------------------------------- Debtor: Prime Hotel Management LLC 17 West 24th Street New York, NY 10010 Business Description: New York-based Prime Hotel Management LLC owns in fee simple a vacant five-story building located at 17 West 24th Street, New York, NY 10010 Block 826, Lot 28, valued by the Company at $8.7 million. Chapter 11 Petition Date: January 30, 2018 Court: United States Bankruptcy Court Southern District of New York (Manhattan) Case No.: 18-10221 Judge: Hon. Sean H. Lane Debtor's Counsel: Douglas J. Pick, Esq. PICK & ZABICKI LLP 369 Lexington Avenue, 12th Floor New York, NY 10017 Tel: (212) 695-6000 Fax: (212) 695-6007 E-mail: dpick@picklaw.net Total Assets: $8.70 million Total Liabilities: $14.62 million The petition was signed by Hag Gyun Lee, president of Eben Ascel Corp., manager of the Debtor. A full-text copy of the petition, along with a list of 11 unsecured creditors, is available for free at: http://bankrupt.com/misc/nysb18-10221.pdf PROFESSIONAL RESOURCE: Taps Robert L. Cass as Financial Consultant ------------------------------------------------------------------ Professional Resource Network, Inc. and HomeCare Resource, LLC, received approval from the U.S. Bankruptcy Court for the District of Minnesota to hire Robert L. Cass Consulting as their financial consultant. The firm will assist the Debtors in the development of a business reorganization plan to present to the court and will provide executive management services. Cass Consulting will charge the Debtors at the rate of $50 per hour or $2,000 per week maximum. Robert Cass, a financial consultant and owner of Cass Consulting, disclosed in a court filing that he does not hold any interest adverse to the Debtors or their estates. The firm can be reached through: Robert L. Cass Robert L. Cass Consulting 8966 Victoria Drive Eden Prairie, MN 55347 About Professional Resource Network Professional Resource Network, Inc. and HomeCare Resource, LLC sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Minn. Case Nos. 17-41577 and 17-41578) on May 25, 2017. Charie L. Devolites, chief executive officer, signed the petitions. Established in 2000, HomeCare Resource -- http://www.homecareresource.com/-- operated a home health care facility offering nursing care, physical therapy, occupational therapy, speech pathology, home health aide and medical social services. At the time of the filing, Professional Resource estimated assets of less than $50,000 and liabilities of $1 million to $10 million. HomeCare Resource estimated assets of less than $50,000 and liabilities of less than $100,000. Judge Kathleen H. Sanberg presides over the cases. The Debtors are represented by Steven B. Nosek, Esq., and Yvonne R. Doose, Esq. PROTEA BIOSCIENCES: Court Denies Settlement with AzurRx Biopharma ----------------------------------------------------------------- BankruptcyData.com reported that the U.S. Bankruptcy Court denied Protea Biosciences Group's emergency settlement motion with AzurRx Biopharma. The denial order states, "Upon consideration of the argument of counsel and for reasons fully stated on the record, the court does hereby ORDER that the Motion to Approve Settlement is DENIED." The Company previously argued, "The proposed settlement arises in connection with a Stock Purchase and Sale Agreement (the 'Sale Agreement') dated May 21, 2014 between the Debtors, AzurRx and a former affiliate of the Debtor, Protea BioEurope SAS. AzurRx has offered to resolve all issues between the parties and terminate the Sale Agreement by paying the Debtors $100,000 in cash upon the earlier to occur of (i) such time as AzurRx has net cash on its balance sheet at any time on or after the date of the Settlement Agreement of at least $5.0 million; or (ii) March 31, 2018, and immediately issuing the Debtors 300,000 shares of common stock in AzurRx (the 'Shares'). The Shares are publicly traded and have an approximate current value of $600,000. The Settlement Agreement requires the Debtors to enter into a Lockup Agreement pursuant to which the Debtors shall agree not to sell any Shares for seven months following the effective date of the Settlement Agreement, after which time the Debtors shall not sell more than 30,000 Shares per calendar month. As part of the relief sought in this Motion, the Debtors seek authority to sell the Shares at the existing market price without further order of the Court, provided the Debtors comply with the Lockup Agreement." About Protea Biosciences Headquartered in Morgantown, West Virginia, Protea Biosciences Inc. -- https://www.proteabio.com/ -- is a bioanalytics technology company that provides analytical and diagnostic solutions for the rapid and direct identification, mapping and display of the molecules present in living cells and biological samples. Protea Biosciences, Inc., and its affiliate Protea Biosciences Group, Inc., sought protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D. W.Va. Case Nos. 17-01200 and 17-01201) on Dec. 1, 2017. At the time of the filing, Protea Biosciences disclosed $5.16 million in assets and $13.64 million in liabilities. Protea Biosciences Group disclosed $2.7 million in assets and $18.2 million in liabilities. Judge Patrick M. Flatley presides over the case. The Debtors hired Buchanan Ingersoll & Rooney PC as their legal counsel; and Compass Advisory Partners, LLC, as their restructuring advisor. The U.S. Trustee for Region 7 appointed an official committee of unsecured creditors in the Debtors' cases. Leech Tishman Fuscaldo & Lampl, LLC is the Committee's legal counsel and Johnson Law, PLLC is its local counsel. QUEST RARE: Creditors Vote in Favor of Proposal Under BIA --------------------------------------------------------- Quest Rare Minerals Ltd. disclosed that on Jan. 24, 2018, the statutory majority of Quest's creditors voted in favor of the acceptance of the proposal filed by the Company on Jan. 3, 2018 as amended on Jan. 12, 2018, pursuant to Part III of the Bankruptcy and Insolvency Act (Canada) (the "Proposal"). The Proposal provides, among other things, for the reorganization of Quest's share capital, whereby all issued and outstanding Quest shares will be cancelled, the whole in accordance with Section 191 of the Canada Business Corporations Act (the "Reorganization"). Subsequent to the issuance, if any, of an order from the Quebec Superior Court approving the Proposal and the Reorganization as well as execution of the Proposal by Quest, Quest will file Articles of Reorganization reflecting the Reorganization with the Director under the Canada Business Corporations Act. About Quest Quest Rare Minerals Ltd. is a Canadian-based company focused on becoming an integrated producer of rare earth metal oxides and a significant participant in the rare earth elements (REE) material supply chain. Quest is led by a management team with in-depth experience in chemical and metallurgical processing. Quest's objective is the establishment of major hydrometallurgical and refining facilities in Becancour, Quebec, to separate and produce strategically critical rare earth metal oxides. These industrial facilities will process mineral concentrates extracted from Quest's Strange Lake mining properties in northern Quebec and recycle lamp phosphors utilizing Quest's efficient, eco-friendly "Selective Thermal Sulphation (STS)"1 process. RED MOUNTAIN: Black Shale Seeks Case Conversion ----------------------------------------------- Black Shale Minerals filed with the U.S. Bankruptcy Court a motion to set deadlines to file and confirm a plan in the Red Mountain Resources (RMR) case or, in the alternative, convert the Company's Chapter 11 reorganization to a liquidation under Chapter 7. The motion explains, "It is now nearly two years after the Petition Date and the Debtors have failed to confirm, or even seek confirmation of, a plan of reorganization. Due to the unreasonable delay in filing and confirming a plan of reorganization, there is ample cause for this Court to set deadlines by which the Debtors must file a plan and disclosure statement and promptly proceed with confirmation of such plan or, failing such activity, the Court should convert the Debtors' cases. Well more than 18 months after the Petition Date and well more than one year after filing the Initial Plan, the Debtors have now abandoned the Initial Plan, and have failed to pursue confirmation of the Initial Plan or any plan at all in these chapter 11 cases. The Debtors have claimed that their failure to file and confirm a plan of reorganization is due to the dispute with Black Shale. The Debtors cannot simultaneously blame Black Shale for their failure to file and confirm a plan of reorganization, and allege that the claims against Black Shale are 'beyond peripheral to the bankruptcy.' Thus, confirmation of a plan is not just a mechanical matter for the Debtors, and the Debtors should be compelled to disclose and proceed with their plans to exit bankruptcy, if any." No hearing will be conducted hereon unless a written response is filed with the Court, according to the report. About Red Mountain Based in Farmers Branch, Texas, Red Mountain Resources, Inc., has oil and natural gas properties in the Permian Basin of West Texas and Southeast New Mexico, the onshore Gulf Coast of Texas and Kansas. The Company filed for bankruptcy (Bankr. N.D. Tex. Case No. 16-30989) on March 8, 2016. Howard Marc Spector, Esq., of Spector & Johnson, PLLC, represents the Debtor. SANTOS CONSTRUCTION: Taps Buddy D. Ford as Legal Counsel -------------------------------------------------------- Santos Construction Group, LLC, seeks approval from the U.S. Bankruptcy Court for the Middle District of Florida to hire Buddy D. Ford, P.A., as its legal counsel. The firm will advise the Debtor regarding its duties under the Bankruptcy Code; represent the Debtor in negotiation with its creditors in the preparation of a bankruptcy plan; and provide other legal services related to its Chapter 11 case. The firm's hourly rates are: Buddy Ford, Esq. $425 Senior Associates $375 Junior Associates $300 Senior Paralegals $150 Junior Paralegals $100 The Debtor paid Ford an advance fee of $11,717, which included the filing fee of $1,717 prior to the petition date. The firm has no connection with the Debtor or any of its creditors, according to court filings. Ford can be reached through: Buddy D. Ford, Esq. Jonathan A. Semach, Esq. Buddy D. Ford, P.A. 9301 West Hillsborough Avenue Tampa, FL 33615-3008 Phone: (813) 877-4669 Fax: (813) 877-5543 E-mail: Buddy@tampaesq.com Jonathan@tampaesq.com All@tampaesq.com About Santos Construction Group Santos Construction Group, LLC sought protection under Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 18-00486) on Jan. 23, 2018. At the time of the filing, the Debtor estimated assets of less than $500,000 and liabilities of less than $1 million. Buddy D. Ford, P.A., serves as counsel to the Debtor. SCOTTISH RE: Files Chapter 11 to Implement Sale Plan ---------------------------------------------------- Scottish Re Group Limited ("Scottish Re") on Jan. 29 disclosed that it has commenced implementation of a sale and restructuring plan for its Cayman Islands subsidiary, Scottish Annuity & Life Insurance Company (Cayman) Ltd. ("SALIC"), and SALIC's U.S. subsidiary, Scottish Holdings, Inc. ("SHI"), on January 28, 2018. The sale and restructuring plan is being implemented through the commencement by SALIC and SHI of U.S. Chapter 11 proceedings in the United States Bankruptcy Court of Delaware on January 28, 2018 (the "SALIC/SHI Chapter 11"). In connection with the SALIC/SHI Chapter 11, Scottish Re announced that a stock purchase agreement (the "SPA") has been executed between SALIC and SHI, on the one hand, and an investment fund advised by Hudson Structured Capital Management Ltd. ("Hudson Structured" or the "Buyer"), on the other. Upon closing of the SPA, Hudson Structured will own 100% of the stock of the reorganized SALIC. Hudson Structured executed certain documents associated with the SALIC/SHI Chapter 11 in order to act as plan sponsor of the SALIC/SHI Chapter 11. The SALIC/SHI Chapter 11 is a critical step in Scottish Re's sale and restructuring plan, which in addition to the sale of SALIC and SHI, also includes the sale to Hudson Structured of certain of SALIC's subsidiaries, including Scottish Re (U.S.), Inc. ("SRUS") and Scottish Re (Dublin) dac ("SRD") (the "Sale and Restructuring"). The restructuring process, which has culminated in the execution of the SPA, was announced in the Scottish Re press release of May 23, 2017, at the time Scottish Re commenced voluntary provisional winding up proceedings in Bermuda with ancillary proceedings in the Cayman Islands. Certain Scottish Re subsidiaries, such as SRUS, SRD, and Scottish Re Life (Bermuda) Limited ("SRLB" and together with SRUS and SRD, the "Non-Debtors"), are not debtors in the SALIC/SHI Chapter 11 and as such, contracts and relationships between the Non-Debtors and their reinsurance and other counterparties, vendors, and employees are largely unaffected by the SALIC/SHI Chapter 11 filing. SALIC faces acute liquidity issues in the first quarter of 2018 as a result of the historically adverse performance of Scottish Re's legacy book of yearly renewable term ("YRT") reinsurance business, and the growing strain created by the upcoming payments due on 20 quarters of accrued and deferred interest on trust preferred securities guaranteed by SALIC. Two of SALIC's wholly-owned subsidiaries, SHI and Scottish Financial (Luxembourg) S.à.r.l. ("SFL"), entered into a series of capital markets transactions from 2002 to 2004 in which those entities sold bonds to various trusts. Those trusts in turn issued trust preferred securities to the market (the "TRUPS"). SALIC guaranteed the payment and other obligations of SHI and SFL in connection with the TRUPS transactions. Currently, $86 million of aggregate principal amount of TRUPS obligations (net of an additional $43 million of TRUPS owned by SALIC's parent, Scottish Re) remain outstanding. As permitted under the terms of the TRUPS, SHI and SFL began deferring interest payments on the TRUPS commencing in the first quarter of 2013. Interest may only be deferred on the TRUPS for a maximum of twenty (20) consecutive quarters, and, as a result, accrued and deferred interest in an amount of approximately $20 million (net of an additional approximately $11 million of deferred interest amounts owing to Scottish Re in respect of the TRUPS held by Scottish Re) must be paid in the first quarter of 2018. SHI and SFL lack the resources to make this payment, and SALIC is unable to pay the TRUPS deferred interest and still meet its other obligations, including reinsurance obligations to third-party ceding companies, as well as to SRUS, in 2018. SALIC devised and executed a restructuring plan to try and resolve its liquidity issue in a timely fashion and to maximize value to its stakeholders. Among the steps taken by SALIC were the engagement of Keefe, Bruyette & Woods, Inc. a Stifel Company, to identify a buyer, and retention of legal counsel in New York, Delaware, Bermuda and the Cayman Islands who are very familiar with Scottish Re and insurance restructuring options. With the impending liquidity constraint facing SALIC, the SALIC/SHI Chapter 11 process is designed to: -- Permit SALIC to continue as a going concern during the reorganization process, and to continue to provide uninterrupted performance of its obligations to its third-party and affiliated reinsurance counterparties and business partners; -- Permit the SALIC businesses, post-reorganization and under new ownership, to continue to actively participate in the U.S. life reinsurance and annuity industries; -- Provide SALIC and (as a result of SRGL's ownership of certain of the SHI/SFL TRUPS) SRGL, with the opportunity to maximize value for their stakeholders; -- Permit SALIC to address legacy liabilities in a manner that is fair to creditors; and -- Preserve the existing jobs of the employees of SALIC and its subsidiaries. The Board of Directors of Scottish Re voted on January 24, 2018 to authorize and direct SALIC to file the SALIC/SHI Chapter 11 and generally to implement the Sale and Restructuring. In addition, following the Bermuda Court appointment in May 2017 of John McKenna of Finance & Risk Services Ltd., of Bermuda and Eleanor Fisher of Kalo (Cayman) Limited of the Cayman Islands as Joint Provisional Liquidators of Scottish Re (the "JPLs"), the JPLs have worked with Scottish Re to effectuate the Sale and Restructuring. The SPA is subject to certain closing conditions related to the SALIC/SHI Chapter 11, as well as the receipt by Hudson Structured of regulatory approvals necessary to effectuate a change of control of SALIC, SRUS, SRD and SRLB. In addition, it is anticipated that the bankruptcy court will conduct an auction process to solicit alternative transactions that meet criteria to be established by the court. In the absence of an unmatched superior bid during the auction, Hudson Structured should be confirmed as the winning bidder and is expected to close the Sale and Restructuring. Scottish Re is hopeful that the Sale and Restructuring will be approved by the third quarter of 2018, including receiving the aforementioned regulatory approvals, as well as having the SALIC/SHI restructuring plan confirmed by the US Bankruptcy Court. In conjunction with the Jan. 29 announcement, SALIC will file a number of first day motions that are intended to allow it to operate in the ordinary course of business during the restructuring process. It is anticipated that SFL will in the near future petition the Luxembourg District Court for liquidation under Luxembourg's Commercial Code. About Scottish Re Scottish Re -- http://www.scottishre.com/-- is a global life reinsurance specialist with operating businesses in the United States of America, Ireland, Bermuda, and the Cayman Islands. Its primary subsidiaries include Scottish Re (U.S.), Inc., Scottish Re (Dublin) dac, and Scottish Annuity & Life Insurance Company (Cayman) Ltd. SEADRILL LTD: US Trustee Objects to Disclosure Statement -------------------------------------------------------- BankruptcyData.com reported that the U.S. Trustee (UST) assigned to the Seadrill case filed with the U.S. Bankruptcy Court an objection to the Debtors' Disclosure Statement. The Trustee asserts, "Overall, the UST objects to Debtors' Disclosure Statement because it lacks information and detail in critical areas which prevent creditors and interest holders from making an informed decision whether to accept, reject, or object to the Plan. First, the Disclosure Statement and underlying Plan incorrectly classify claims which are not substantially similar. Second, the Disclosure Statement does not provide adequate information regarding pre-petition insider payments/transfers. Third, the Disclosure Statement and underlying Plan do not provide an opt-out process for holders of claims or interests to avoid being bound by the releases, exculpations and injunctions (the 'Releases') contained in the Plan. Fourth, the Disclosure Statement and underlying Plan of Reorganization propose overly broad release, exculpation and injunction provisions without adequately providing a legal justification for them. Lastly, the Motion for Approval is unclear regarding the submission of Ballots to certain claim holders. As currently drafted, the Disclosure Statement does not contain adequate information and creditors are unable to make an informed decision whether to accept, reject, or object to the Plan. Moreover, while some of the issues raised herein relate to confirmation, the Court could consider them at this stage to the extent the Disclosure Statement describes an un-confirmable Plan." About Seadrill Ltd Seadrill Limited is a deepwater drilling contractor providing drilling services to the oil and gas industry. It is incorporated in Bermuda and managed from London. Seadrill and its affiliates own or lease 51 drilling rigs, which represents more than 6% of the world fleet. As of Sept. 12, 2017, Seadrill employed 3,760 highly-skilled individuals across 22 countries and five continents to operate their drilling rigs and perform various other corporate functions. As of June 30, 2017, Seadrill had $20.71 billion in total assets, $10.77 billion in total liabilities and $9.94 billion in total equity. Seadrill reported a net loss of US$155 million on US$3.17 billion of total operating revenues for the year ended Dec. 31, 2016, following a net loss of US$635 million on US$4.33 billion of total operating revenues for the year ended in 2015. After reaching terms of a reorganization plan that would restructure $8 billion of funded debt, Seadrill Limited and 85 affiliated debtors each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code (Bankr. S.D. Tex. Lead Case No. 17-60079) on Sept. 12, 2017. Together with the chapter 11 proceedings, Seadrill, North Atlantic Drilling Limited ("NADL") and Sevan Drilling Limited ("Sevan") commenced liquidation proceedings in Bermuda to appoint joint provisional liquidators and facilitate recognition and implementation of the transactions contemplated by the RSA and Investment Agreement, and Simon Edel, Alan Bloom and Roy Bailey of Ernst & Young are to act as the joint and several provisional liquidators. In the Chapter 11 cases, the Company has engaged Kirkland & Ellis LLP as legal counsel, Houlihan Lokey, Inc. as financial advisor, and Alvarez & Marsal as restructuring advisor. Slaughter and May has been engaged as corporate counsel, and Morgan Stanley served as co-financial advisor during the negotiation of the restructuring agreement. Advokatfirmaet Thommessen AS is serving as Norwegian counsel. Conyers Dill & Pearman is serving as Bermuda counsel. Prime Clerk serves as claims agent. The United States Trustee for Region 7 formed an official committee of unsecured creditors with seven members: (i) Computershare Trust Company, N.A.; (ii) Daewoo Shipbuilding & Marine Engineering Co., Ltd.; (iii) Deutsche Bank Trust Company Americas; (iv) Louisiana Machinery Co., LLC; (v) Nordic Trustee AS; (vi) Pentagon Freight Services, Inc.; and (vii) Samsung Heavy Industries Co., Ltd. Kramer Levin Naftalis & Frankel LLP is serving as lead counsel to the Committee. Cole Schotz P.C. is local and conflicts counsel to the Committee. Zuill & Co (in exclusive association with Harney Westwood & Riegels) is serving as Bermuda counsel. London-based Quinn Emanuel Urquhart & Sullivan, UK LLP, is serving as English counsel. Parella Weinberg Partners LLP is the investment banker to the Committee. FTI Consulting Inc. is the financial advisor. SHAPPHIRE RESOURCES: Court Okayed Cash Collateral Stipulation ------------------------------------------------------------- Judge Robert Kwan of the U.S. Bankruptcy Court for the Central District of California has approved the Stipulation, between Shapphire Resources, LLC and Secured Creditor Wells Fargo Bank, N.A., authorizing the use of cash collateral in regards to real property commonly described as 2770 Cold Plains Drive, Hacienda Heights, CA 91745. The Wells Fargo Bank's Motion for Relief from Stay hearing currently scheduled for January 16, 2018 is resolved and taken off calendar. A full-text copy of the Court's Order is available at: http://bankrupt.com/misc/cacb17-15033-76.pdf About Shapphire Resources Shapphire Resources, LLC's principal assets are located at 2770 Cold Plains Drive Hacienda Heights, CA 91745. It previously filed for bankruptcy protection on Nov. 4, 2010 (Bankr. C.D. Cal. Case No. 10-57493). Shapphire Resources filed a Chapter 11 bankruptcy petition (Bankr. C.D. Cal. Case No. 17-15033) on April 24, 2017. In the petition signed by Susan Tubianosa, manager, the Debtor estimated $1 million to $10 million in both assets and liabilities. The Hon. Neil W. Bason presides over the case. The Law Offices of Raymond H. Aver, a professional corporation, represents the Debtor as counsel. SHIEKH SHOES: May Borrow $5 Million Loan From Principal's Brother ----------------------------------------------------------------- The Hon. Vincent P. Zurzolo of the U.S. Bankruptcy Court for the Central District of California authorized Shiekh Shoes, LLC, to obtain a senior secured postpetition term loan in the principal amount of $5,000,000 from the Term Lender, Anjum Shiekh, who is the brother of the Debtor's principal, Shiekh S. Ellahi. The Debtor is also authorized to use the proceeds of the Term Loan to pay the existing obligations owed to State Bank and Trust Company, and may use the cash collateral and any remaining proceeds of the Term Loan following payment of the existing State Bank Obligations to pay any and all ordinary and necessary operating and administrative expenses of the Debtor, solely in accordance with the Term Loan Documents, the Order, and the Budget, The Term Loan will mature and be payable in full at the earlier of: (1) the first business day that is nine months after closing of the Term Loan; (2) confirmation of a chapter 11 plan in this Chapter 11 Case; (3) conversion of the Chapter 11 Case to a case under chapter 7 of the Bankruptcy Code; (4) dismissal of the Chapter 11 Case; (5) appointment of a chapter 11 trustee in this Chapter 11 Case; or (6) a sale of all or substantially all of the assets of the Estate. As of the Petition Date, the Debtor was indebted to State Bank pursuant to the Loan Documents in the aggregate principal amount of not less than $7,005,970, secured with first priority security interest in and continuing lien on substantially all of the Debtor's assets and property, and all proceeds, products, accessions, rents and profits thereof, in each case whether then owned or existing or thereafter acquired or arising. As of the filing of the Motion, the Debtor was indebted to State Bank on account of any remaining State Bank Prepetition Obligations and any obligations under the State Bank DIP Facility in an amount not less than $5,002,024. Pursuant to a Credit Agreement, among the Debtor, Comvest Capital II, L.P., as administrative agent and collateral agent for itself and the Prepetition Second Lien Lenders, and the other lenders party thereto, the Prepetition Second Lien Lenders agreed to extend a term loan to the Debtor in an aggregate principal amount of $10,000,000. The Debtor granted to Comvest Capital, for the benefit of itself and the Prepetition Second Lien Lenders, to secure the Prepetition Second Lien Obligations, a second priority security interest in and continuing lien in the State Bank Prepetition Collateral. The Term Lender is granted a valid, binding, enforceable, unavoidable and fully perfected security interests, liens and mortgages in and upon all prepetition and postpetition real and personal property and assets of the Debtor. In addition to the Postpetition Liens, Term Lender is granted, for all Postpetition Obligations, an allowed super-priority administrative expense claim against the Debtor and its Estate. Comvest Capital and the Prepetition Second Lien Lenders are each granted a continuing valid, binding, enforceable and perfected, liens and security interests in and on all of the Postpetition Collateral. In addition, Comvest Capital and the Prepetition Second Lien Lenders will have an allowed super-priority administrative expense claim against the Debtor and its Estate. The Motion is set for a final hearing on February 6, 2018 at 11:00 a.m., at which time any party in interest may present any timely filed objections to the entry of the Final Order. A full-text copy of the Order is available at: http://bankrupt.com/misc/cacb17-24626-331.pdf About Shiekh Shoes Based in Ontario, California, Shiekh Shoes, LLC -- http://www.shiekhshoes.com/-- is a shoe retailer company with 79 locations in California, five in Nevada, 11 in Arizona, 11 in Texas, two in New Mexico, one in Oregon, six in Illinois, eight in Michigan, and five in Washington. Shiekh Shoes features brands like Shiekh, Adidas, Puma, Timberland, Converse, among others. It offers dress, casual, athletic, infant, toddler, youth, basketball, running, training, and skate shoes; slippers, sandals, wedges, pumps, boots, high heels, and sneakers; and apparel. The company was founded in 1991. Shiekh Shoes sought protection under Chapter 11 of the Bankruptcy Code (Bankr. C.D. Cal. Case No. 17-24626) on Nov. 29, 2017. In the petition signed by CEO Shiekh E. Ellahi, the Debtor estimated total assets and liabilities of $50 million to $100 million. Judge Vincent P. Zurzolo presides over the case. The Debtor tapped SulmeyerKupetz, APC as its legal counsel; DJM Realty Services, LLC as real estate lease consultant; and KGI Advisors, Inc. as its financial advisor. On Dec. 11, 2017, the Office of the U.S. Trustee appointed an official committee of unsecured creditors. The Committee is represented by Cooley LLP. SKY HARBOR: Seeks to Hire Cushman & Wakefield as Broker ------------------------------------------------------- Sky Harbor Hotel Properties, LLC, filed an application anew seeking approval from the U.S. Bankruptcy Court for the District of Arizona to hire Cushman & Wakefield as its broker. The firm will assist the Debtor in connection with the sale of its property located at 3200 South 48th Street, Phoenix, Arizona. Cushman will charge a $75,000 flat fee under its contract with the Debtor, which is set to expire on Feb. 28. The Debtor believes the property is worth approximately $1.5 million. The firm is "disinterested" as defined in Section 101(14) of the Bankruptcy Code. Cushman can be reached through: Christine Veldhuizen Cushman & Wakefield 2555 East Camelback Road, Suite 400 Phoenix, AZ 85016-9262 Tel: +1 602 468-8551 Mobile: 602-363-6986 E-mail: christine.veldhuizen@cushwake.com About Sky Harbor Hotel Properties Headquartered in Tempe, Arizona, Sky Harbor Hotel Properties, LLC, or SHHP was formed for the purposes of purchasing a parcel of unimproved real property located at 3210 South 48th Street, in Phoenix, Arizona, constructing a hotel on the Property and managing the hotel. SHHP's assets consist primarily of the Hotel Property and its 50% ownership interest in Soleil Conference Center, LLC. Sky Harbor Hotel filed for Chapter 11 bankruptcy protection (Bankr. D. Ariz. Case No. 17-08082) on July 14, 2017, listing $1.64 million in total assets and $900,728 in total liabilities. Shane Kuber of SKK, LLC, manager of the Debtor, signed the petition. The Debtor tapped Gallagher & Kennedy, PA, as restructuring counsel. * * * The goal of the bankruptcy case is to maximize the value of Sky Harbor Hotel's assets through a sale process, pay all allowed claims and interests, and liquidate Sky Harbor Hotel after the net proceeds are distributed according to the priorities set forth under the Bankruptcy Code. The Debtor filed its Chapter 11 plan of liquidation and disclosure statement on July 14, 2017. SKY HARBOR: Taps Polsinelli as New Legal Counsel ------------------------------------------------ Sky Harbor Hotel Properties, LLC, received approval from the U.S. Bankruptcy Court for the District of Arizona to hire Polsinelli PC as its new legal counsel. The Debtor had previously employed John Clemency, Esq., and Lindsi Weber, Esq., of Gallagher & Kennedy, PA as its attorneys. Both attorneys are now with the Polsinelli firm, according to court filings. The firm will advise the Debtor regarding its duties under the Bankruptcy Code; assist the Debtor with ongoing corporate and regulatory legal needs; assist in the disposition of its assets; and provide other services related to its Chapter 11 case. The firm's hourly rates range from $400 to $625 for shareholders, $260 to $330 for associates, and $205 to $250 for paralegals. Mr. Clemency and Ms. Weber will charge $595 per hour and $415 per hour, respectively. Polsinelli does not hold or represent any interest adverse to the Debtor, according to court filings. The firm can be reached through: John R. Clemency, Esq. Lindsi M. Weber, Esq. Polsinelli PC One E. Washington, Suite 1200 Phoenix, AZ 85004 Tel: (602) 650-2000 Fax: (602) 264-7033 E-mail: jclemency@polsinelli.com lweber@polsinelli.com About Sky Harbor Hotel Properties Headquartered in Tempe, Arizona, Sky Harbor Hotel Properties, LLC, or SHHP was formed for the purposes of purchasing a parcel of unimproved real property located at 3210 South 48th Street, in Phoenix, Arizona, constructing a hotel on the Property and managing the hotel. SHHP's assets consist primarily of the Hotel Property and its 50% ownership interest in Soleil Conference Center, LLC. Sky Harbor Hotel filed for Chapter 11 bankruptcy protection (Bankr. D. Ariz. Case No. 17-08082) on July 14, 2017, listing $1.64 million in total assets and $900,728 in total liabilities. The petition was signed by Shane Kuber of SKK, LLC, manager of the Debtor. The goal of the bankruptcy case is to maximize the value of Sky Harbor Hotel's assets through a sale process, pay all allowed claims and interests, and liquidate Sky Harbor Hotel after the net proceeds are distributed according to the priorities set forth under the Bankruptcy Code. The Debtor filed its Chapter 11 plan of liquidation and disclosure statement on July 14, 2017. SPECTRUM HEALTHCARE: Court Inked 17th Cash Collateral Order ----------------------------------------------------------- Judge Hon. James J. Tancredi of the U.S. Bankruptcy Court for the District of Connecticut has entered a seventeenth order granting Spectrum Healthcare LLC, and its debtor-affiliates interim authorization to use cash collateral. The further hearing on the continued use of cash collateral for will be held on Feb. 15, 2018 at 12:00 p.m. The Debtors' secured creditors are: (1) MidCap Funding IV LLC, as assignee of MidCap Financial, LLC; (2) CCP Finance I, LLC, as assignee of Nationwide Health Properties, LLC, as Lender under the NHP Loan; (3) CCP Park Place 7541 LLC and CCP Torrington 7542 LLC, as agents for NHP with respect to the NHP Lease; (4) Love Funding Corporation; (5) the Secretary of Housing and Urban Development, as additional secured party with LFC; and (6) the State of Connecticut Department of Revenue Services. The Debtors will adequately protect Secured Parties by: (a) granting to them replacement liens on the Collection Accounts and the debtor-in-possession accounts of the Debtors, to the same extent (if any) and with the same validity, enforceability and priority as the MidCap Prepetition Liens, the NHP Prepetition Liens, the CCP Landlords' Prepetition Liens and the LFC Prepetition Liens (along with HUD's lien as additional secured party) had (and after application of the terms and conditions of the NHC Intercreditor and the LFC Intercreditor Agreements) against the Debtors' deposit accounts and other assets prior to the Petition Date, and (b) making weekly adequate protection payments of $2,000 to Midcap beginning in the first week of the Budget and continuing weekly until the week ending February 10, 2018, following which, for the week beginning February 11, 2017, MidCap will be paid $12,000. In addition, having ceased operations and vacated its leased premises, Spectrum Torrington will retain and not spend any and all collections received for the period of this budget absent consent from MidCap. The Secured Parties are each granted additional replacement lien in cash collateral, accounts including (without limitation) healthcare insurance receivables and governmental healthcare receivables and all proceeds thereof whether deposited in the collections accounts, any payment account or elsewhere, and other collateral in which each of the Secured Parties held a security interest prepetition, whether acquired before or after the Petition Date The Debtors are authorized to pay only their current expenses as reflected in the Budget. However, Spectrum Manchester Realty or its assignee, MidCap, as the case may be, and the CCP Landlords reserve the right to assert any accrued but unpaid rent or other lease obligations owed or to become owed to them, respectively, as administrative expense claims. Such Administrative Rent Claims will be subordinate to any unpaid, non-professional administrative expenses at the conclusion of the sale process contemplated by the Order or any wind down process that may occur in these cases, except, to the extent of $6,000 per week of rent for each of the CCP Landlords and Spectrum Manchester Realty or its assignee, MidCap Funding, as the case may be, as to such subordination. Excluded from the liens and interests held by the Secured Creditors in property of the Debtors' bankruptcy estates, including any replacement lien granted by Seventeenth Order will be: (a) any lien on or interest in the Debtors' claims, causes of claim or proceeds from Avoidance Actions, and (b) a carveout for payment of the Debtors' professional fees in the amount of $260,000, less payments received on account of such fees pursuant to the Spectrum Manchester Plan, with the carve-out for payment of the professionals of the Committee having been exhausted by reason of fees its professionals received pursuant to the Spectrum Manchester Plan. A full-text copy of the Seventeenth Order is available at: http://bankrupt.com/misc/ctb16-21635-679.pdf About Spectrum Healthcare Spectrum Healthcare LLC is a nursing home operator, owning six nursing facilities have 716 beds and employing 725 people. Spectrum Healthcare LLC and its affiliates previously filed Chapter 11 petitions (Bankr. D. Conn. Lead Case No. 12-22206) on Sept. 10, 2012. Spectrum Healthcare, LLC, and its affiliates again sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Conn. Case Nos. 16-21635 to 16-21639) on Oct. 6, 2016. The petitions were signed by Sean Murphy, chief financial officer. Spectrum Healthcare, LLC, disclosed $282,369 in assets and estimated less than $1 million in liabilities. Affiliate Spectrum Healthcare Derby disclosed $2,068,467 in assets and estimated less than $10 million in debt. The Debtors are represented by Elizabeth J. Austin, Esq., Irve J. Goldman, Esq., and Jessica Grossarth, Esq., at Pullman & Comley, LLC. Blum, Shapiro & Co., P.C., serves as their accountant and financial advisor. William K. Harrington, the U.S. Trustee for the District of Connecticut, appointed Nancy Shaffer, M.A., a member of the Connecticut Long Term Care Ombudsman's Office, as the Patient Care Ombudsman for the Debtors. SQUARE ONE: LG Acquisitions Buying Gainesville Property for $1.7M ----------------------------------------------------------------- Square One Development, LLC, and affiliates filed with the U.S.Bankruptcy Court for the Middle District of Florida a supplement to Square One Burgers Prop Co., LLC's proposed sale of real property located at 3105 SW 34th Street, Gainesville, Florida, together with its furniture, fixtures and restaurant equipment, to LG Acquisitions, LLC for $1,650,000. On Jan. 9, 2018, Debtor Square One Burgers received a commercial sale contract from Xin Sheng Xie which contemplates that the Debtor will sell the Property to Xie, together with its furniture, fixtures and restaurant equipment, for a total purchase price of $1,550,000. The Initial Offer includes a financing contingency and provides that the broker's fees are to be paid by Debtor. The Initial Offer also requires that a deposit of $25,000 be held in escrow. On Jan. 10, 2018, the Debtor filed the Motion asking authorization to sell the Property to Xie pursuant to the terms of the Initial Offer. The Motion is currently scheduled to be heard on Jan. 29, 2018. Subsequent to the filing of the Motion, on Jan. 18, 2018, the Debtor received a competing offer from LG Acquisitions. The Second Offer exceeds the purchase price set forth in the Initial Offer by $100,000, free and clear of all liens, claims, encumbrances and interests of any kind, with such liens, claims and encumbrances to attach to the net proceeds thereof. The Second Offer is also superior to the Initial Offer in that it: (i) does not require the payment of a broker's commission; (ii) requires a $100,000 deposit be placed in escrow; and (iii) provides that closing is not contingent on the Buyer obtaining financing. Upon receipt of the Second Offer, the Debtor inquired as to whether Xie would match the Second Offer, but as of the filing of the Supplement no response has been received from Xie, or a representative of Xie. The Debtor will continue to inquire as to Xie's matching offer, and in the event Xie does elect to match the Second Offer received, the Debtor will establish bidding procedures and conduct an auction between the two competing bidders. However at this time, because no matching offer has been received from Xie, the Debtor asks authorization to sell the Property to LG Acquisitions based upon the terms set forth in the Second Offer. The Debtor has reviewed the terms of the Second Offer and its proposed course of action with respect to matching bids with Stearns Bank. Stearns has indicated that it supports a sale to LG Acquisitions in the absence of a matching bid from Xie, and that it will pay the Debtor's attorney's fees (in an amount not to exceed $12,000) and all U.S. Trustee Fees incurred by the Debtor in connection with such sale. Stearns Bank has also asked that a bid in the full amount of its secured debt be reserved as a backup bid in the event a sale to LG Acquisitions does not close after the 30 day due diligence period set forth in the Second Offer. The Debtor supports the backup bid request and asks approval of such bid in an amount equivalent to Stearns Bank's secured claim ($1,636,099). The Debtor respectfully asks that the Court enter an order (i) authorizing it to consummate the sale of the Property to LG Acquisitions; or in the alternative, (ii)authorizing it to hold in escrow the net proceeds from the sale of the Property pending further order of the Court; (iii) authorizing it to pay all closing expenses in connection therewith, including real estate taxes, escrow fees, special assessments (if any), recording costs and title insurance premiums; and (v) approving a backup bid in the amount of Stearns Bank's secured claim. A copy of the Agreement attached to the Motion is available for free at: http://bankrupt.com/misc/Square_One_325_Sales.pdf The Purchaser: LG ACQUISITIONS, LLC 3500 Maple Ave., Suite 1600 Dallas, TX 75219 E-mail: jesus@leoncapitalgroup.com About Square One Development Headquartered in Tampa, Florida, Square One Development, LLC, is a multi-member Florida limited liability company formed on April 6, 2010. It owns a group of 12 related entities including eight gourmet burger restaurants with operations in West Central Florida. Square One Development and its affiliates filed for Chapter 11 bankruptcy protection (Bankr. M.D. Fla. Lead Case No. 17-03846) on June 9, 2017. The petitions were signed by William Milner, its manager. Square One Winter Park, LLC, an affiliate, estimated its assets and liabilities between $1 million and $10 million. Latham, Shuker, Eden & Beaudine, LLP, is serving as bankruptcy counsel to the Debtor. STERNSCHNUPPE LLC: Unsecureds to Get 100% Over 8 Years ------------------------------------------------------ Sternschnuppe LLC filed with the U.S. Bankruptcy Court for the District of Nevada a disclosure statement describing their chapter 11 plan of reorganization dated Jan. 23, 2018. Based in Las Vegas, Nevada, the Debtor is a manufacturing company that engages in sheet metal fabrication, standard and decorative powder-coating, and specialized final integration for hardware and software. Class 2 under the plan consists of Allowed General Unsecured Claims. The estimated General Unsecured Claims total $ 978,477.22. Holders of Class 2 Allowed General Unsecured Claims will receive payment equal to 100% of their allowed claim, paid pursuant to Debtor's monthly payments over eight years after the Effective Date. Each holder of a Class 2 claim will receive interest calculated at the Federal Judgment Rate (estimated federal interest rate is 1%). The Confirmation Funds will be used to fund the Plan and will be distributed or applied in the manner necessary to provide all required Confirmation Funds for Distribution pursuant to the Plan, satisfy the costs, expenses, required payments and entitlements outlined herein on the Effective Date and provide Debtor with working capital and funding for operations and Plan needs. A full-text copy of the Disclosure Statement is available at: http://bankrupt.com/misc/nvb16-11242-202.pdf About Sternschnuppe Sternschnuppe LLC filed a chapter 11 petition (Bankr. D. Nev. Case No. 16-11242) on March 10, 2016. The petition was signed by Kimberly Michaelis, managing member. The case is assigned to Judge Mike K. Nakagawa. The Debtor estimated assets and liabilities at $1 million to $10 million at the time of the filing. The Debtor is represented by Nedda Ghandi, Esq., at Ghandi Deeter Law Offices. STONE CONNECTION: Case Summary & 20 Largest Unsecured Creditors --------------------------------------------------------------- Debtor: Stone Connection, Inc. 3045 Business Park Drive Norcross, GA 30071-1427 Business Description: Founded in 1999, Stone Connection is a direct importer of marble and granite for homeowners and contractors in the Atlanta metro area, including the communities of Roswell, Alpharetta, Sandy Springs, and more. Its 30,000 sq/ft warehouse and showroom in Norcross, Georgia have more than 300 individual types and colors of granite. https://www.stoneconnectionatlanta.com/ Chapter 11 Petition Date: January 30, 2018 Court: United States Bankruptcy Court Northern District of Georgia (Atlanta) Case No.: 18-51440 Judge: Hon. Barbara Ellis-Monro Debtor's Counsel: Frank G. Nason, IV, Esq. LAMBERTH, CIFELLI, ELLIS & NASON, P.A. Suite W212 1117 Perimeter Center West Atlanta, GA 30338 Tel: (404) 262-7373 Fax: (770) 804-9561 E-mail: fnason@lcenlaw.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Eugene Steyn, chief executive officer. A full-text copy of the petition, along with a list of the Debtor's 20 largest unsecured creditors, is available for free at: http://bankrupt.com/misc/ganb18-51440.pdf SYU SING: Santa Clara Tax Collector to Get Full Payment at 18% -------------------------------------------------------------- Syu Sing Investment, LLC, filed a newer version of its disclosure statement proposing to pay the secured claim of the Santa Clara Co. Tax Collector in full together with interest at 18% per annum on the earlier of the closing of the refinance or sale of the property at 2201 Lafayette St. Santa Clara, CA 95050 or within 15 days of the sale of non-estate real property at 2135 Stagecoach Rd. Stockton, CA, but in no event later than 6 months from the Effective Date. The Santa Clara Co. Tax Collector has an allowed secured claim in the amount of $15,818.90. A full-text copy of the Disclosure Statement dated December 20, 2017, is available at: http://bankrupt.com/misc/canb17-51995-41.pdf About Syu Sing Investment Syu Sing Investment, LLC's principal assets are located at 2201 Lafayette St Santa Clara, CA 95050-2934. It filed a Chapter 11 petition (Bankr. N.D. Cal. Case No. 17-51995) on Aug. 21, 2017. The Debtor listed its business as a single asset real estate as defined in 11 U.S.C. Section 101(51B). The petition was signed by Yim Ho Leung, member. The Hon. Stephen L. Johnson presides over the case. The Debtor is represented by Lars T. Fuller, Esq., of The Fuller Law Firm. At the time of filing, the Debtor estimated $1 million to $10 million in both assets and liabilities. THURMAN VASSEY: Taps Gardner Law Offices as Legal Counsel --------------------------------------------------------- Thurman Vassey Trucking, Inc. seeks approval from the U.S. Bankruptcy Court for the Western District of North Carolina to hire Gardner Law Offices, PLLC as its legal counsel. The firm will advise the Debtor regarding its duties under the Bankruptcy Code; assist in the preparation of a plan of reorganization; and provide other legal services related to its Chapter 11 case. The firm's hourly rates are: William Gardner, Esq., disclosed in a court filing that he and his firm do not hold or represent any interest adverse to the Debtor's estate. The firm can be reached through: William S. Gardner, Esq. Gardner Law Offices, PLLC 320-1 E. Graham Street Shelby, NC 28150 Phone: (704) 600-6113 Fax: (888) 870-1644 Email: billgardner@gardnerlawoffices.com About Thurman Vassey Trucking Inc. Thurman Vassey Trucking, Inc. sought protection under Chapter 11 of the Bankruptcy Code (Bankr. W.D.N.C. Case No. 18-40013) on January 10, 2018. Thurman Moran Vassey, Jr., president, signed the petition. At the time of the filing, the Debtor disclosed that it had estimated assets of less than $1 million and liabilities of less than $500,000. Judge J. Craig Whitley presides over the case. U.S.A. DAWGS: Case Summary & 20 Largest Unsecured Creditors ----------------------------------------------------------- Debtor: U.S.A. Dawgs, Inc. 4120 Windmill Lane, Unit 106 Las Vegas, NV 89139 Type of Business: U.S.A. Dawgs Inc. -- https://www.usadawgs.com/ -- designs, manufactures, and distributes footwear. The company offers slip resistant, casual working, safety, golf, spirit, and toning shoes; sandals, flip flops, bendables, clogs, and Aussie style and cow suede boots; and socks for men, women, boys, girls, and babies. The company was founded in 2006 and is based in Las Vegas, Nevada. Chapter 11 Petition Date: January 31, 2018 Court: United States Bankruptcy Court District of Nevada (Las Vegas) Case No.: 18-10453 Judge: Hon. Laurel E. Davis Debtor's Counsel: Talitha B. Gray Kozlowski, Esq. GARMAN TURNER GORDON, LLP 650 White Drive, Suite 100 Las Vegas, NV 89119 Tel: (725) 777-3000 E-mail: tgray@gtg.legal - and - Teresa M. Pilatowicz, Esq. GARMAN TURNER GORDON, LLP 650 White Drive, Suite 100 Las Vegas, NV 89119 Tel: 725-777-3000 Fax: 725-777-3112 E-mail: tpilatowicz@gtg.legal Estimated Assets: $10 million to $50 million Estimated Liabilities: $1 million to $10 million The petition was signed by Steven Mann, president and CEO. A full-text copy of the petition is available for free at: http://bankrupt.com/misc/nvb18-10453.pdf List of Debtor's 20 Largest Unsecured Creditors: Entity Nature of Claim Claim Amount ------ --------------- ------------ Walgreens Company - Danville AP $1,326,591 Attn: Kiesha Allen 16845 Collections Dr. Chicago, IL 60693 Internal Revenue Service $446,662 PO Box 7346 Philadelphia, PA 19101 FedEx $300,029 Attn: Managing Member PO Box 7221 Pasadena, CA 91109 Fuzhou Jiage $248,656 Trading Co., Ltd. Attn: Managing Member Tianfu Industrial Area Canshan, Fushou Fuijan China Blue Diamond Business Center $216,604 UPS Supply - Dallas $128,755 Hellmich Law Group, P.C. $109,755 Loudmouth Golf, LLC $68,575 Vantec Hitachi $58,412 Transport System Oracle America, Inc. $51,112 Criteo Corp. $43,827 UPS Supply - Dallas $43,495 ChannelAdvisor $23,891 Dept. of Employment, Training $18,605 & Rehab Employment Security Division Brad's Deals LLC $17,500 Anthem Blue Cross $16,773 Haas Outdoors, Inc. $12,660 NetEffect $11,951 AuptiX, Inc. $10,889 Lathrop & Gage $10,164 VILLA PROPERTIES: Taps Rehmann Robson as Accountant --------------------------------------------------- Villa Properties, LLC, received approval from the U.S. Bankruptcy Court for the Eastern District of Michigan to hire Rehmann Robson as its accountant. The firm will assist the Debtor in the preparation of its financial statements and tax returns, and will provide other accounting services related to its Chapter 11 case. The firm will charge an hourly fee of $400. James Garner, principal of Rehmann Robson, disclosed in a court filing that the firm and its members are "disinterested persons" as defined in section 101(14) of the Bankruptcy Code. Rehmann Robson can be reached through: James Garner Rehmann Robson 1500 W. Big Beaver, 2nd Floor Troy, MI 48044 Phone: 866.799.9580 Email: info@rehmann.com About Villa Properties Villa Properties, LLC, is a privately-held company whose principal place of business is located at 30320 Pondsview, Franklin, Michigan. Villa Properties sought protection under Chapter 11 of the Bankruptcy Code (Bankr. E.D. Mich. Case No. 18-40003) on Jan. 2, 2018. Timothy Bakeman, manager, signed the petition. At the time of the filing, the Debtor estimated assets and liabilities of $1 million to $10 million. Judge Marci B. McIvor presides over the case. Steinberg Shapiro & Clark serves as counsel to the Debtor. VIVA MEXICO GRILL: Taps Mufthiha Sabaratnam as Legal Counsel ------------------------------------------------------------ Viva Mexico Grill & Cantina, Inc., seeks approval from the U.S. Bankruptcy Court for the Northern District of California to hire the Law Offices of Mufthiha Sabaratnam as its legal counsel. The firm will advise the Debtor regarding its duties in the continued operation and management of its property and provide other legal services related to its Chapter 11 case. The firm's hourly rates are: Mufthiha Sabaratnam, Esq. $360 Associates $280 Paralegals $85 Mufthiha Sabaratnam, Esq., disclosed in a court filing that the firm is a "disinterested person" as defined in section 101(14) of the Bankruptcy Code. The firm can be reached through: Mufthiha Sabaratnam, Esq. Law Offices of Mufthiha Sabaratnam 1300 Clay Street, Suite 600 Oakland, CA 94612 Tel: (510) 205-0986 Fax: (510) 225-2417 E-mail: mufti@taxandbklaw.com About Viva Mexico Grill & Cantina Viva Mexico Grill & Cantina, Inc., sought protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Cal. Case No. 18-40010) on Jan. 2, 2018. Marco Alvarez, president, estimated assets of less than $50,000 and liabilities of less than $500,000. Judge Roger L. Efremsky presides over the case. The Law Offices of Mufthiha Sabaratnam serves as counsel to the Debtor. WILLIAM FOCAZIO: Seeks to Hire Bederson as Accountant ----------------------------------------------------- William J. Focazio, M.D., P.A., and its affiliates filed separate applications seeking approval from the U.S. Bankruptcy Court for the District of New Jersey to hire an accountant. In their applications, Focazio, Endo Surgical Center of North Jersey, and Fenner Ave., LLC propose to employ Bederson LLP to analyze the Debtors' books and records; compile financial statements; and provide other accounting services. The firm's hourly rates are: Partners $390 - $515 Managers $305 - $325 Senior Accountants $265 Semi Sr. Accountants $240 Staff Associate $170 Paraprofessionals $170 Bederson has requested a retainer in the sum of $2,500. Timothy King, a certified public accountant employed with Bederson, disclosed in a court filing that he and his firm are "disinterested" as defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Timothy J. King Bederson LLP 347 Mt. Pleasant Avenue, Suite 200 West Orange, NJ 07052 Phone: 973-736-3333 Fax: 973-736-9219 E-mail: tking@bederson.com About William J. Focazio, M.D., P.A. William J. Focazio, M.D., P.A., Endo Surgical Center of North Jersey, and Fenner Ave., LLC are privately-held companies that operate in the health care industry specializing in internal medicine and gastroenterology. Focazio, Endo Surgical Center and Fenner sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D.N.J. Case Nos. 18-10752, 18-10753 and 18-10755) on Jan. 13, 2018. William Focazio, M.D., principal, signed the petitions. At the time of the filing, Focazio disclosed $1.13 million in assets and $12.83 million in liabilities. Endo Surgical Center disclosed $1.17 million in assets and $16.49 million in liabilities. Judge Vincent F. Papalia presides over the cases. Trenk, DiPasquale, Della Fera & Sodono, P.C. is the Debtors' bankruptcy counsel. WILSON LAND: Case Summary & 9 Largest Unsecured Creditors --------------------------------------------------------- Debtor: Wilson Land Properties, LLC PO Box 1020 Mentor, OH 44060 Type of Business: Based in Mentor, Ohio, Wilson Land Properties, LLC is the owner of 51 real estate properties having a total estimated value of $4.54 million. Chapter 11 Petition Date: January 31, 2018 Court: United States Bankruptcy Court Northern District of Ohio (Cleveland) Case No.: 18-10514 Judge: Hon. Arthur I. Harris Debtor's Counsel: Glenn E. Forbes, Esq. FORBES LAW LLC 166 Main Street Painesville, OH 44077-3403 Tel: (440)357-6211 E-mail: bankruptcy@geflaw.net Total Assets: $4.54 million Total Liabilities: $43.23 million The petition was signed by Richard M Osborne, managing member. A full-text copy of the petition, along with a list of nine unsecured creditors, is available for free: http://bankrupt.com/misc/ohnb18-10514.pdf WOMEN'S HEALTH: Wants Insurance Finance Pact With BankDirect ------------------------------------------------------------ The Women's Health Institute of Macon, PC, asks the U.S. Bankruptcy Court for the Middle District of Georgia to approve its commercial insurance premium finance and security agreement with BankDirect Capital Finance, a division of Texas Capital Bank. The Debtor says that to the extent the Debtor provides medical services, it's necessary to maintain adequate insurance coverage, among which, includes medical malpractice insurance coverage. The Debtor is prepared to executed the Loan Agreement with BankDirect for the financing of the Debtor's medical malpractice insurance coverage upon court approval. Pursuant to the Loan Agreement, BankDirect will provide financing to Debtor for the purchase of various insurance policies providing, among other things, medical malpractice coverage essential for the operation of Debtor's business. Under the Loan Agreement, the amount financed is $170,382.16. By virtue of the Loan Agreement, Debtor will become obligated to pay to BankDirect the sum of $45,000.00 down and approximately 10 monthly installments of $13,075.91 each. The first payment under the Loan Agreement was due on Jan. 1, 2018, and the subsequent payments are due on or about the first day of each succeeding month. As collateral to secure the repayment of the indebtedness due under the Loan Agreement, the Debtor is granting BankDirect a security interest in, among other things, the unearned premiums of the Policies. The Loan Agreement provides that the law of Illinois governs the transaction. The Debtor is appointing BankDirect as its attorney-in-fact with the irrevocable power to cancel the policies and collect the unearned premium in the event Debtor is in default of its obligations under the Loan Agreement. The Debtor believes that the terms of the Loan Agreement is commercially fair and reasonable. Without insurance, the Debtor would be forced to cease operations. The Debtor and BankDirect have reached an agreement that the adequate protection appropriate for this situation would be as follows: a) the Debtor be authorized and directed to timely make all payments due under the Loan Agreement and BankDirect be authorized to receive and apply payments to the indebtedness owed by Debtor to BankDirect as provided in the Loan Agreement; and b) if the Debtor does not timely make any of the payments due under the Loan Agreement as they become due, the automatic stay will automatically lift to enable BankDirect and/or third parties, including insurance companies providing the coverage under the Policies, to take all steps necessary and appropriate to cancel the Policies, collect the collateral and apply the collateral to the indebtedness owed to BankDirect by the Debtor. In exercising the rights, BankDirect and/or third parties will comply with the notice and other relevant provisions of the Loan Agreement. A copy of the Debtor's Motion is available at: http://bankrupt.com/misc/gamb17-51196-76.pdf About Women's Health Women's Health Institute of Macon PC is a group practice with one location specializing in family medicine and Obstetrics and Gynecology. ELO Outpatient Surgery Center provides ambulatory surgical services. Emeka Umerah is the managing member for each entity. Haremu Holdings, LLC, The Women's Health Institute of Macon, PC, and ELO Outpatient Surgery Center, LLC, filed Chapter 11 bankruptcy petitions (Bankr. M.D. Ga. Case Nos. 17-51195, 17-51196 and 17-51197) on June 5, 2017. The cases are assigned to Judge James P. Smith. The cases are not jointly administered. In the petitions signed by Emeka Umerah, managing member, Haremu estimated $1 million to $10 million in assets and liabilities; Women's Health estimated $1 million to $10 million in assets and $500,000 to $1 million in liabilities; and ELO Outpatient estimated $100,000 to $500,000 in assets and liabilities. The Debtors are represented by Wesley J. Boyer, Esq., at Boyer Law Firm, L.L.C., in Macon, Georgia. WOODBRIDGE GROUP: Drinker Biddle Represents 71 Noteholders ---------------------------------------------------------- Drinker Biddle & Reath LLP filed with a verified statement the U.S. Bankruptcy for the District of Delaware pursuant to rule 2019 of the Federal Rules of Bankruptcy Procedure, in connection DBR's representation of the Ad Hoc Committee of Holders of Promissory Notes of Woodbridge Mortgage Investment Fund Entities and Affiliates in the Chapter 11 cases of Woodbridge Group of Companies, LLC, and certain of its affiliates and subsidiaries. The members of the Committee and their corresponding nature and amount of disclosable economic interests are: 1. Michael Weiner 2282 NW 62nd Drive Boca Raton, FL 33496 $4,150,760 notes 2. Harry Breyer Beneficiary Harry Breyer Revocable Living Trust 7186 Arcadia Bay Court Delray Beach, FL 33446 $2,600,000 notes 3. Rodney Black Individually and as Attorney-In-Fact for Barry and Brenda Black, Jessica and Douglas Fishman, Vincent and JoAnna Spinavaria, Stephen Spivak, and John Callaghan 46 Almadera Drive Wayne, NJ 07470 $1,822,000 notes $750,000 units 4. Marsha Lynne Friend 2282 N.W. 62nd Drive Boca Raton, FL 33496 $1,750,000 notes 5. Richard Carli 221 Ventasso Drive Clayton, NC 27520 $1,075,000 notes 6. Norma Weiner 2800 Palm Aire Drive N, Apt. 102 Pompano Beach, FL 33069 $1,050,000 notes 7. Randy Botwinick 1645 Linton Lake Drive, Unit F Delray Beach, FL 33445 $975,000 notes 8. Timothy D. and Linda K. Backus 5717 Tussic Road Westerville, OH 43082 $954,500 notes 9. Mark Krantz 28109 Highridge Road #12 Rolling Hills Estates, CA 90275 $717,000 notes 10. Jay Beynon, Trustee Jay Beynon Family Trust 531 East Maple Avenue El Segundo, CA 90245 $500,000 notes 11. Alice Norkeen 22724 Meridian Drive Boca Raton, FL 33433 $500,000 note 12. Lorraine Schocket 7186 Arcadia Bay Court Delray Beach, FL 33446 $500,000 notes 13. Kathleen F. Washko 501 Rugby Place Schaumburg, IL 60194 $460,041 notes 14. Donna M. Roberts 18768 Waterford Drive Sutherland, VA 23885 $407,000 notes 15. William J. Spirka 5922 NW Batchelor Terrace Port Saint Lucie, FL 34986 $400,000 notes 16. Arthur W. Roberts, Jr. As trustee for the Arthur Roberts Living Trust and the Arthur Roberts Exempt Trust 18768 Waterford Drive Sutherland, VA 23885 $375,000 notes 17. Anne Perella 6035 Belle Terre Court Bridgeville, PA 15017 $350,000 notes 18. Jeffrey Pancis 26 Battle Ridge Road Morris Plains, NJ 07950 $345,000 notes 19. Julie Goodwin 6230 Amberwoods Drive Boca Raton, FL 33433 $330,000 notes 20. Marianne Keller Atria Seville 2000 N Rampart Boulevard, Apt. 262 Las Vegas, NV 89128 $300,000 notes 21. Thomas Armata 5009 Creekside Preserve Drive Hixson, TN 37343 $285,799 notes 22. Mary J. Morsch, Trustee Jeffrey and Mary Morsch Living Trust Dtd 8-26-2010 14309 Cove Ridge Terrace Midlothian, VA 23112 $285,526 notes 23. Diana L. Poland 134 Breezy Hill Drive Colonial Heights, VA 23834 $260,000 notes 24. Michelle Parks (address yet to be provided) $225,000 notes 25. Kimberly M. Harris, individually and as attorney-in-fact for Isabella DiMarco 300 Mt. Lebanon Boulevard Suite 2218-A Pittsburgh, PA 15234 $218,000 notes 26. Michael Gubler 70 North Coleman Street Tooele, UT 84074 $200,000 notes 27. Margaret L. Perko, Trustee for the Margaret L. Perko Living Trust dated 2/9/1998 2410 Castle Hill Road Midlothian, VA 23113 $200,000 notes 28. Robert & Kari DeSantis 13704 West Bay Drive Midlothian, VA 23112 $200,000 notes 29. Michael Moeller 255 North Ridge Drive Jane Lew, WV 26378 $200,000 notes 30. Jennifer McCracken individually and as attorney-in-fact for Dora Larsen 1349 E. 720 N. Provo, UT 84606 $190,000 notes 31. Betty B. Holland, as Trustee of the Betty B. Holland Living Trust 443 Dunlin Court Midlothian, VA 23114 $175,000 notes 32. Richard Shafter 1740 E Bair Road Columbia City, IN 46725 $175,000 notes 33. James and Sandra O'Brien 16184 Indianwood Cir. Indiantown, FL 34956 $163,113 notes 34. Edward Tierney 5 Echo Court Hawthorn Woods, IL 60047 $160,000 notes 35. Boyd A. Armstrong, Jr. individually and as attorney-in-fact for Robert Brazee 34470 Maple Hill Road Townville PA 16360 $150,000 notes 36. Ali Heidari Saeid 20 Baudin Circle Ladera Ranch, CA 92694 $150,000 notes 37. Caroline Broski 81161 Corte Del Olma Indio, CA 92203 $130,000 notes 38. Gerald Cummings 10808 Ashburn Road North Chesterfield, VA 23235 $125,000 notes 39. Ellen Craig 31 Royal Oak Drive Rossville, GA 30741 $124,000 notes 40. Sheila Fineberg-Miller 1240 Crescent Place, Apartment 1E Pittsburgh, PA 15217 $120,000 notes 41. Linda S. Sutton and John E. Sutton 18582 Courthouse Road Yale, VA 23897 $110,000 notes 42. Beverly Merson 2000 North Court #3D Fairfield, IA 52556 $107,000 notes 43. John G. Harris as attorney-in-fact for Helen A. Harris 300 Mt. Lebanon Boulevard Suite 2218-A Pittsburgh, PA 15234 $100,000 notes 44. Laurie Poehler P.O. Box 124 Waterville, MN 56096 $100,000 notes 45. Jennifer Volkmann P.O. Box 124 Waterville, MN 56096 $100,000 notes 46. Martin V. Cohen, PhD 2727 Palisade Avenue, Apt. 5H Bronx, NY 10463 $100,000 notes $300,000 units 47. James Stansbury III, as trustee of The James and Barbara Stansbury Living Trust DTD 12/29/2010 229 East Main Street Waverly, VA 23890 $100,000 notes 48. Edward J. Smith 4160 Atlantic Boulevard, Apt. 606 Hutchinson Island, FL 34949 $100,000 notes 49. Judith Doyle, as Trustee of the Judith C. Doyle Living Trust Dated 7-31-2009 1100 Elmwood Drive Colonial Heights, VA 23834 $100,000 notes 50. Mark Caine 200 Goldeneye Drive Pittsburgh, PA 15238 $100,000 notes 51. James G. Kester, as Trustee of The James and Rhonda Kester Living Trust DTD 12-15-2003 3720 Laura Road Colonial Heights, VA 23834 $100,000 notes 52. John & Susan Runkle 1112 Heavenly Lane, Apt. 7 Fairfield, IA 52556 $100,000 notes 53. The Excel Revocable Trust dated 5/1/2006 (Edward Mark Garvin, Grantor) P.O. Box 43715 Las Vegas, NV 89116-1715 $100,000 notes 54. John Hartner 327 Caperton Street Pittsburgh, PA 15210 $89,000 notes 55. Susan Tracy P.O. Box 1143 Fairfield, IA 52556 $80,000 notes 56. Douglas & Patricia Hymas 577 Rio Virgin Drive St. George, UT 84790 $85,000 notes 57. Horace Joseph Clark III & Carole Clark Revocable Trust Dated October 27, 1993 (Horace J. Clark III, Trustee) 7054 Dume Drive Malibu, CA 90265 $80,000 notes 58. Wilma J. Kamin, as Trustee of the Kamin Family Trust UTD 4-10-1998 801 Keswick Road Colonial Heights, VA 23834 $80,000 notes 59. Charlotte Zmachinsky P.O. Box 2492 Fairfield, IA 52556 $67,000 notes 60. Reed Jardine and Sharolyn Shipley 5879 Silver Saddle Way Harriman, UT 84096 $64,311 notes 61. Mark Kersting 8200 S. Quebec St. A3# 716 Centennial, CO 80112 $54,900 notes $450,000 units 62. Jane Breyer 7186 Arcadia Bay Court Delray Beach, FL 33446 $50,000 notes 63. Abraham and Hilary Wolf 3330 NE 190 Street, Apt. 1611 Aventura, FL 33180 $50,000 notes 64. Linda L. Bogard 13462 Villadest Drive Highland, MD 20777 $50,000 notes 65. Clay Cotten 4845 W. 3rd Avenue Kanab, UT 84741 $50,000 notes 66. H&N Management Group, Inc. & Aff Cos Frozen Money Purchase Plan (Horace J. Clark III, Trustee) 5875 Green Valley Circle, First Floor Culver City, CA 90230 $50,000 notes 66. Mary and William Lichtle 1190 W 300 N Decatur, IN 46733 $50,000 notes 67. Rosalie Sorg 9930 Branstrator Road Fort Wayne, IN 46909 $50,000 notes 68. Richard Krol 216 N. 8th Street Surf City, NJ 08008 $25,000 notes 69. Ellen J. Silverman 2300 Frederick Douglass Boulevard, #7C New York, NY 10027 $25,000 notes 70. Linda Schwartz 8712 Gulf Drive Apt. A Fort Wayne, IN 46825 $25,000 notes 71. Marianne and Johannes Klaffke 4707 Scotia Drive Fort Wayne, IN 46814 $25,000 notes The Ad Hoc Committee was formed as of Dec. 11, 2017, subject to the addition of new members from time to time, and has elected to engage DBR to represent the interests of the Ad Hoc Committee in connection with these Chapter 11 cases. None of the Ad Hoc Committee members represents or purports to represent any other entities in connection with the Debtors' Chapter 11 cases. DBR does not hold any claims against, or interests in, the Debtors. DBR can be reached at: Steven K. Kortanek, Esq. Patrick A. Jackson, Esq. Joseph N. Argentina, Jr., Esq. DRINKER BIDDLE & REATH LLP 222 Delaware Avenue, Suite 1410 Wilmington, Delaware 19801 Tel: (302) 467-4200 Fax: (302) 467-4201 E-mail: steven.kortanek@dbr.com patrick.jackson@dbr.com joseph.argentina@dbr.com -- and -- James H. Millar, Esq. DRINKER BIDDLE & REATH LLP 1177 Avenue of the Americas, 41st Floor New York, NY 10036-2714 Tel: (212) 248-3140 Fax: (212) 248-3141 E-mail: james.millar@dbr.com About Woodbridge Group Headquartered in Sherman Oaks, California, The Woodbridge Group Enterprise -- http://www.woodbridgecompanies.com/-- is a comprehensive real estate finance and development company. Its principal business is buying, improving, and selling high-end luxury homes. The Woodbridge Group Enterprise also owns and operates full-service real estate brokerages, a private investment company, and real estate lending operations. The Woodbridge Group Enterprise and its management team have been in the business of providing a variety of financial products for more than 35 years, and have been primarily focused on the luxury home business for the past five years. Since its inception, the Woodbridge Group Enterprise has completed more than $1 billion in financial transactions. These transactions involve real estate, note buying and selling, hard money lending, and alternative financial transactions involving thousands of investors. Woodbridge Group of Companies and certain of its affiliates filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead Case No. 17-12560) on Dec. 4, 2017. Woodbridge estimated assets and liabilities at between $500 million and $1 billion. Judge Kevin J. Carey presides over the case. Samuel A. Newman, Esq., Oscar Garza, Esq., Daniel B. Denny, Esq., Jennifer L. Conn, Esq., Eric J. Wise, Esq., Matthew K. Kelsey, Esq., and Matthew P. Porcelli, Esq., at Gibson, Dunn & Crutcher, LLP, and Sean M. Beach, Esq., Edmon L. Morton, Esq., Ian J. Bambrick, Esq., and Allison S. Mielke, Esq., at Young Conaway Stargatt & Taylor, LLP, serve as the Debtors' bankruptcy counsel. Homer Bonner Jacobs, PA, as special counsel, Province, Inc., as expert consultant, Moelis & Company LLC, as investment banker. The Debtors' financial advisors are Larry Perkins, John Farrace, Robert Shenfeld, Reece Fulgham, Miles Staglik, and Lissa Weissman at SierraConstellation Partners, LLC. Beilinson Advisory Group is serving as independent management to the Debtors. Garden City Group, LLC, is the Debtors' claims and noticing agent. Pachulski Stang Ziehl & Jones is counsel to the Official Committee of Unsecured Creditors; and FTI Consulting, Inc., serves as its financial advisor. WOODBRIDGE GROUP: Jones, Womble Represent Utah Noteholder Group --------------------------------------------------------------- Jones, Waldo, Holbrook & McDonough, PC, and Womble Bond Dickinson (US) LLP filed on Jan. 18, 2018, with the U.S. Bankruptcy Court for the District of Delaware a verified statement pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure in connection with the Firms' representation of certain holders of promissory notes of Woodbridge Mortgage Investment Fund entities and affiliates in the Chapter 11 bankruptcy cases of Woodbridge Group of Companies LLC and its affiliates. The Utah Noteholder Group was formed as of Jan. 12, 2018, and has elected to engage Jones Waldo and WBD to represent the interests of the group in connection with the cases. Pursuant to Bankruptcy Rule 2019, the members of the Utah Noteholder Group, as well as a description of the nature and amount of each member's disclosable economic interest held in relation to the Debtors, are: 1. Jerry Nunley 161 North 100 West Ephraim, UT 84627 $30,000 (Notes) 2. Vickie Jorgenson 8913 Chesire Drive Sandy, UT 84095 $90,000 (Notes) 3. Mike Huwe 205 Avenue H., Apt. 4 Redondo Beach, CA 90277 $50,000 (Notes) 4. George Shengchuan Hsu 17451 Teachers Avenue Irvine, CA 92614 $50,000 (Notes) 5. Manuella Bakker 3158 Buckboard Dr. Evergreen, CO 80439 $345,000 (Notes) 6. Michael H. Spackman 9756 Heartwood Cove Sandy, UT 84070 $103,800 (Notes) 7. Jeff Doermann 9752 North 6800 West Highland, UT 84003 $76,400 (Notes) 8. Chris Brinkerhoff 1446 Skyline Drive Bountiful, UT 84010 $210,000 (Notes) 9. Kent Booth 1822 Jicarilla Drive South Lake Tahoe, CA 96150 $100,000 (Notes) 10. Robert Murdock 489 East Parowan Way Draper, UT 84020 $230,000 (Notes) 11. Jeff Wolk 533 Moraga Road, Suite 120 Moraga, CA 94556 $400,000 (Notes) 12. Jeff and Lillian Leong 702 Hillcrest Terrace Fremont, CA 94539 $44,000 (Notes) 13. Kent and Mary Sue Rominger 2714 Bridgeport Avenue Cottonwood Heights, UT 84121 $798,000 (Notes) 14. Maung Tin-Wa and Anna Spielvogel 30 Arroyo Way #2 San Francisco, CA 94127 $225,000 (Notes) 15. Don Aslett 4016 Journey Circle Ammon, ID 83406 $250,000 (Notes) 16. Cheryl and David Hermansen 1519 W. Turtle Dove Lane West Jordan, UT 84088 $559,764 (Notes) 17. David Coltrin 1 Lockheed Boulevard #7010 Fort Worth, TX 76108 $200,000 (Notes) 18. Riley Astill 1969 S. Claremont Drive Bountiful, UT 84010 $156,000 (Notes) 19. Mark Zigerelli 6044 W. Biathlon Court Eagle, ID 83616 $185,000 (Notes) 20. Karen Conmy 3400 Egerer Pl. Fullerton, CA 92835 $127,700 (Notes) 21. Raleigh Davis 32 Waterview Avenue Billerica, MA 01862 $80,000 (Notes) 22. Brady Teuscher 1373 South 35 East Farmington, UT 84025 $25,000 (Notes) 23. Gwena and Stan Morrill 12971 Green Clover Road Draper, UT 84020 $25,000 (Notes) 24. Dan Binkerd 4065 East 4475 North Liberty, UT 84310 $47,000 (Notes) 25. Madeline Clark 10580 S. Featherwood Drive South Jordan, UT 84095 $100,000 (Notes) 26. Anthony Barrack 15529 Broad Oaks Road El Cajon, CA 92021 $50,000 (Notes) 27. Patrick Haslam 33181 Paseo Molinos San Juan Capistrano, CA 92675 $100,000 (Notes) 28. Mike Molacek 28056 Vernal Way Santa Clarita, CA 91350 $526,900 (Notes) 29. Lenoard and Donna Sherman 2668 West 2650 North Clinton, UT 84015 $50,000 (Notes) 30. Renee Norton 4158 N. Cresthaven Lane Lehi, UT 84043 $60,000 (Notes) 31. Clyde Done 1946 Wagstaff Drive Salt Lake City, UT 84117 $610,000 (Notes) 32. Doyle and Marcia Rumsey 7475 South 35 West Idaho Falls, ID 83402 $50,000 (Notes) 33. Yen-Hsu Chen 56 Barcelona Irvine, CA 92614 $350,000 (Notes) 34. Larry Jacobson 1156 North 320 West Logan, UT 84341 $60,000 (Notes) 35. Karl Nelson 1378 West 10690 South South Jordan, UT 84095 $150,000 (Notes) 36. Nasim Barrack 27544 Mountain Meadow Road Escondido, CA 92026 $50,000 (Notes) 37. Golden Berrett 13768 South 2260 West Riverton, UT 84065 $100,000 (Notes) 38. Ann Halliday 3390 North 2900 East Liberty, UT 84310 $60,000 (Notes) 39. Richard Doss 14 Trailwood Road Rancho Santa Margarita, CA 92688 $60,000 (Notes) None of the members of the Utah Noteholder Group represents or purports to represent any other entities in connection with the Debtors' cases. Neither Jones Waldo nor WBD holds any claims against, or interests in, the Debtors. A copy of the verified statement is available at: http://bankrupt.com/misc/deb17-12560-319.pdf The Firms can be reached at: WOMBLE BOND DICKINSON (US) LLP Mark L. Desgrosseilliers, Esq. Ericka F. Johnson, Esq. 222 Delaware Avenue, Suite 1501 Wilmington, DE 19801 Tel: (302) 252-4320 Fax: (302) 252-4330 E-mail: mark.desgrosseilliers@wbd-us.com ericka.johnson@wbd-us.com -- and -- Jeffrey W. Shields, Esq. Blake D. Miller, Esq. Paul R. Smith, Esq. JONES WALDO HOLBROOK & McDONOUGH PC 170 South Main Street, Suite 1500 Salt Lake City, UT 84101 Tel: (801) 521-3200 E-mail: jshields@joneswaldo.com bmiller@joneswaldo.com psmith@joneswaldo.com About Woodbridge Group Headquartered in Sherman Oaks, California, The Woodbridge Group Enterprise -- http://www.woodbridgecompanies.com/-- is a comprehensive real estate finance and development company. Its principal business is buying, improving, and selling high-end luxury homes. The Woodbridge Group Enterprise also owns and operates full-service real estate brokerages, a private investment company, and real estate lending operations. The Woodbridge Group Enterprise and its management team have been in the business of providing a variety of financial products for more than 35 years, and have been primarily focused on the luxury home business for the past five years. Since its inception, the Woodbridge Group Enterprise has completed more than $1 billion in financial transactions. These transactions involve real estate, note buying and selling, hard money lending, and alternative financial transactions involving thousands of investors. Woodbridge Group of Companies and certain of its affiliates filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead Case No. 17-12560) on Dec. 4, 2017. Woodbridge estimated assets and liabilities at between $500 million and $1 billion. Judge Kevin J. Carey presides over the case. Samuel A. Newman, Esq., Oscar Garza, Esq., Daniel B. Denny, Esq., Jennifer L. Conn, Esq., Eric J. Wise, Esq., Matthew K. Kelsey, Esq., and Matthew P. Porcelli, Esq., at Gibson, Dunn & Crutcher, LLP, and Sean M. Beach, Esq., Edmon L. Morton, Esq., Ian J. Bambrick, Esq., and Allison S. Mielke, Esq., at Young Conaway Stargatt & Taylor, LLP, serve as the Debtors' bankruptcy counsel. Homer Bonner Jacobs, PA, as special counsel, Province, Inc., as expert consultant, Moelis & Company LLC, as investment banker. The Debtors' financial advisors are Larry Perkins, John Farrace, Robert Shenfeld, Reece Fulgham, Miles Staglik, and Lissa Weissman at SierraConstellation Partners, LLC. Beilinson Advisory Group is serving as independent management to the Debtors. Garden City Group, LLC, is the Debtors' claims and noticing agent. Pachulski Stang Ziehl & Jones is counsel to the Official Committee of Unsecured Creditors; and FTI Consulting, Inc., serves as its financial advisor. WOODBRIDGE GROUP: Venable Now Represents 10 Unitholders ------------------------------------------------------- Venable LLP filed on Jan. 22, 2018, with the U.S. Bankruptcy Court for the District of Delaware a verified statement pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure in connection with its representation of the Ad Hoc Committee of Unitholders of Woodbridge Mortgage Investment Fund Entities in the Chapter 11 cases of Woodbridge Group of Companies and its affiliates. The Unitholders' Ad Hoc Committee was formed as of Jan. 8, 2018, and has elected to engage Venable to represent their interests in connection with the Chapter 11 cases. The Ad Hoc Committee, along with the corresponding amount of their disclosable economic interests, now include: 1. Dr. Raymond C. Blackburn and Cydnei K. Blackburn 1203 Regents Park Court Desoto, TX 75115 $3,100,000 2. Dr. Raymond C. Blackburn 1203 Regents Park Court Desoto, TX 75115 $1,200,000 3. Glenn and Felicity Miller 771 Lake Road King Ferry, NY 13081 $350,000 4. Steven E. Miller Provident Trust Group, LLC FBO Steven E. Miller 146 Klondike Road Charlestown, RI 02813 $300,000 5. Dr. Chris Pinney CT Pinney Family Limited Partnership P.O. Box 278 Schulenburg, TX 78956 $100,000 6. Gary Sofen Revocable Trust 1816 Wildcat Cove Drive Fort Pierce, FL 34949 $50,000 7. Kristin Sofen Revocable Trust 1816 Wildcat Cove Drive Fort Pierce, FL 34949 $50,000 8. Harvey and Barbara Sofen Revocable Trust Dated March 8, 2016 528 Thames Bluff Ridge Fort Pierce FL 34982 $150,000 9. Christina A. White 170 Rossmore Road Brunswick, ME 04011 $50,000 10. Mainstar Trust, Custodian FBO Bruce M. Wermuth Bruce M. Wermuth 519 Post Oak Road Grapevine, TX 76051 $100,000 None of the Unitholders' Ad Hoc Committee members represents or purports to represent any other entities in connection with the Chapter 11 cases. Venable does not hold any claims against, or interests in, the Debtors. A copy of the verified statement is available at: http://bankrupt.com/misc/deb17-12560-348.pdf Venable can be reached at: VENABLE LLP Jamie L. Edmonson, Esq. 1201 N. Market Street, Suite 1400 Wilmington, Delaware 19801 Tel: (302) 298-3535 Fax: (302) 298-3550 E-mail: jledmonson@venable.com -- and -- Jeffrey S. Sabin, Esq. 1270 Avenue of the Americas New York, New York 10020 Tel: (212) 307-5500 Fax: (212) 307-5598 E-mail: jssabin@venable.com About Woodbridge Group Headquartered in Sherman Oaks, California, The Woodbridge Group Enterprise -- http://www.woodbridgecompanies.com/-- is a comprehensive real estate finance and development company. Its principal business is buying, improving, and selling high-end luxury homes. The Woodbridge Group Enterprise also owns and operates full-service real estate brokerages, a private investment company, and real estate lending operations. The Woodbridge Group Enterprise and its management team have been in the business of providing a variety of financial products for more than 35 years, and have been primarily focused on the luxury home business for the past five years. Since its inception, the Woodbridge Group Enterprise has completed more than $1 billion in financial transactions. These transactions involve real estate, note buying and selling, hard money lending, and alternative financial transactions involving thousands of investors. Woodbridge Group of Companies and certain of its affiliates filed Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead Case No. 17-12560) on Dec. 4, 2017. Woodbridge estimated assets and liabilities at between $500 million and $1 billion. Judge Kevin J. Carey presides over the case. Samuel A. Newman, Esq., Oscar Garza, Esq., Daniel B. Denny, Esq., Jennifer L. Conn, Esq., Eric J. Wise, Esq., Matthew K. Kelsey, Esq., and Matthew P. Porcelli, Esq., at Gibson, Dunn & Crutcher, LLP, and Sean M. Beach, Esq., Edmon L. Morton, Esq., Ian J. Bambrick, Esq., and Allison S. Mielke, Esq., at Young Conaway Stargatt & Taylor, LLP, serve as the Debtors' bankruptcy counsel. Homer Bonner Jacobs, PA, is the Debtors' special counsel; Province, Inc., is expert consultant; and Moelis & Company LLC, is investment banker. The Debtors' financial advisors are Larry Perkins, John Farrace, Robert Shenfeld, Reece Fulgham, Miles Staglik, and Lissa Weissman at SierraConstellation Partners, LLC. Beilinson Advisory Group is serving as independent management to the Debtors. Garden City Group, LLC, is the Debtors' claims and noticing agent. Pachulski Stang Ziehl & Jones is counsel to the Official Committee of Unsecured Creditors; and FTI Consulting, Inc., serves as its financial advisor. YORAVI INVESTMENTS: Taps Godreau & Gonzalez as Legal Counsel ------------------------------------------------------------ Yoravi Investment, Inc., seeks approval from the U.S. Bankruptcy Court for the District of Puerto Rico to hire Godreau & Gonzalez, Law, LLC, as its legal counsel. The firm will advise the Debtor regarding its duties under the Bankruptcy Code and will provide other legal services related to its Chapter 11 case. The firm's hourly rates are: Partners $150 Associates $125 Paralegals $65 Rafael Gonzalez Valiente, Esq., disclosed in a court filing that he and his firm are "disinterested persons" as defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Rafael Gonzalez, Esq. Godreau & Gonzalez Law, LLC P.O. Box 9024176 San Juan, PR 00902-4176 Tel: (787) 726-0077 E-mail: rgv@g-glawpr.com About Yoravi Investments Yoravi Investments Inc. owns a real estate property at Centro Comercial Turabo Gardens valued at $1.10 million. Yoravi Investments sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D.P.R. Case No. 17-05446) on Aug. 1, 2017. In the petition signed by Rafael E. Acosta Santiago, vice-president and treasurer, the Debtor disclosed $1.15 million in assets and $714,000 in liabilities. Judge Edward A. Godoy presides over the case. The Debtor tapped Godreau & Gonzalez Law, LLC, as counsel. ZEKE'S WORLD: March 13 Disclosure Statement Approval Hearing ------------------------------------------------------------ Judge Thomas J. Catliota of the U.S. Bankruptcy Court for the District of Maryland issued an amended order setting the hearing to consider the approval Zeke's World, LLC's disclosure statement on March 13, 2018, at 10:30 AM. Feb. 26, 2018, is fixed as the last day for filing and serving written objections to the Disclosure Statement. About Zeke's World Zeke's World, LLC aka World Gym filed a Chapter 11 petition (Bankr. D. Md. Case No. 16-18635), on June 27, 2016. The petition was signed by Byron L. Brooks, managing member. The Debtor is represented by John Douglas Burns, Esq. at the Burns Law Firm, LLC. At the time of filing, the Debtor had $100,000 to $500,000 in estimated assets and $1 million to $10 million in estimated liabilities. ********* Monday's edition of the TCR delivers a list of indicative prices for bond issues that reportedly trade well below par. Prices are obtained by TCR editors from a variety of outside sources during the prior week we think are reliable. Those sources may not, however, be complete or accurate. The Monday Bond Pricing table is compiled on the Friday prior to publication. Prices reported are not intended to reflect actual trades. Prices for actual trades are probably different. Our objective is to share information, not make markets in publicly traded securities. Nothing in the TCR constitutes an offer or solicitation to buy or sell any security of any kind. It is likely that some entity affiliated with a TCR editor holds some position in the issuers public debt and equity securities about which we report. Each Tuesday edition of the TCR contains a list of companies with insolvent balance sheets whose shares trade higher than $3 per share in public markets. At first glance, this list may look like the definitive compilation of stocks that are ideal to sell short. Don't be fooled. Assets, for example, reported at historical cost net of depreciation may understate the true value of a firm's assets. A company may establish reserves on its balance sheet for liabilities that may never materialize. The prices at which equity securities trade in public market are determined by more than a balance sheet solvency test. On Thursdays, the TCR delivers a list of recently filed Chapter 11 cases involving less than $1,000,000 in assets and liabilities delivered to nation's bankruptcy courts. The list includes links to freely downloadable images of these small-dollar petitions in Acrobat PDF format. Each Friday's edition of the TCR includes a review about a book of interest to troubled company professionals. All titles are available at your local bookstore or through Amazon.com. Go to http://www.bankrupt.com/books/to order any title today. Monthly Operating Reports are summarized in every Saturday edition of the TCR. The Sunday TCR delivers securitization rating news from the week then-ending. TCR subscribers have free access to our on-line news archive. Point your Web browser to http://TCRresources.bankrupt.com/and use the e-mail address to which your TCR is delivered to login. ********* S U B S C R I P T I O N I N F O R M A T I O N Troubled Company Reporter is a daily newsletter co-published by Bankruptcy Creditors Service, Inc., Fairless Hills, Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA. Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog, Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa, Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo Fernandez, Christopher G. Patalinghug, and Peter A. Chapman, Editors. Copyright 2018. All rights reserved. ISSN: 1520-9474. This material is copyrighted and any commercial use, resale or publication in any form (including e-mail forwarding, electronic re-mailing and photocopying) is strictly prohibited without prior written permission of the publishers. Information contained herein is obtained from sources believed to be reliable, but is not guaranteed. The TCR subscription rate is $975 for 6 months delivered via e-mail. Additional e-mail subscriptions for members of the same firm for the term of the initial subscription or balance thereof are $25 each. For subscription information, contact Peter A. Chapman at 215-945-7000 or Nina Novak at 202-362-8552. *** End of Transmission ***