/raid1/www/Hosts/bankrupt/TCR_Public/180524.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, May 24, 2018, Vol. 22, No. 143

                            Headlines

A. HIRSCH REALTY: Cash Collateral Use Mooted Due to Dismissal
ACUSPORT CORPORATION: Seeks Approval of $1-Mil Facility, Cash Use
ADVANCED UNDERGROUND: Seeks Authority to Use Cash Resources
AKC ENTERPRISES: $825K Sale of St. Charles Assets to Schmidt OK'd
ALBANY EYE PHYSICIANS: U.S. Trustee Unable to Appoint Committee

ALTA MESA: Delays Form 10-Q Due to Business Combination
ANTHONY SALTER: $40K Sale of 8-Tower Valley Pivot Approved
ANTONIO ANABO: $810K Sale of Oakland Rental Property Approved
ARCON PROPERTIES: Iron Hill to Receive Payments Under Latest Plan
ATD CAPITOL: Needs Time to Permit Parent to Pursue Settlement Talks

AUTO MASTER EXPRESS: Seeks Authorization to  Use Cash Collateral
AVIATION ENGINEERING: Needs More Time to Exclusively File Plan
BEAR METAL WELDING: Exit Plan to Pay Unsecured Claims in Full
BIOSCRIP INC: Chief Accounting Officer Resigns
BIOSTAR PHARMACEUTICALS: Needs More Time to Complete Its Form 10-Q

BLACK IRON: Has Until Dec. 1 To Exclusively File Plan
BLACKRIDGE TECHNOLOGY: Incurs $3.2-Mil. Net Loss in First Quarter
BLAIR OIL: Trustee's $1.8K Sale of Oil & Gas Interests to Duke OK'd
BRUCE MULLER: $750K Sale of Bozeman Property to Gochin Approved
BUANNO TRANSPORT: U.S. Trustee Unable to Appoint Committee

BURGESS SERVICES: U.S. Trustee Unable to Appoint Committee
CAPITAL L. CORP: $1-Mil. Sale of Page Road Property Approved
CARDTRONICS PLC: S&P Affirms BB Corp. Credit Rating, Outlook Stable
CARMEN RIVERA: $475K Sale of Columbia Property to Gasapos Approved
CASCADE ACCEPTANCE: Plan Outline Okayed, Plan Hearing on June 28

CASHMAN EQUIPMENT: CEC Selling St. Thomas Condo Unit for $430K
CC CARE LLC: Wants Exclusive Plan Filing Deadline Moved to Oct. 15
CHENIERE CORPUS: Moody's Changes Rating Outlook to Positive
CHENIERE CORPUS: S&P Affirms 'BB-' Rating on Senior Secured Notes
CHENIERE ENERGY: Egan-Jones Hikes Sr. Unsecured Debt Ratings to BB

CHESAPEAKE ENERGY: Stockholders Elected 8 Directors
CITY HOME CARE: Wants 30-Day Extension of Plan Filing Deadline
COTTER TOWER: Judge Signs Fifth Interim Cash Collateral Order
DELEN RESOURCES: U.S. Trustee Unable to Appoint Committee
DETROIT CITY, MI: Moody's Ups Issuer Rating to Ba3, Outlook Stable

DPW HOLDINGS: Delays March 31 Quarterly Report for Review
DPW HOLDINGS: Will Raise $6 Million From Sale of Class A Shares
DPW HOLDINGS: Will Raise $6 Million in Debt Financing
EMPIRE GENERATING: Moody's Cuts Senior Credit Facilities to Caa3
ENDO SURGICAL: Needs Time to Negotiate With Buyers for Buildings

ENPRO INDUSTRIES: Egan-Jones Hikes FC Unsec. Debt Rating to BB
EXAMWORKS GROUP: Moody's Affirms B2 CFR, Outlook Stable
EXAMWORKS GROUP: S&P Affirms B Corp. Credit Rating, Outlook Stable
EXCO RESOURCES: Has Until Aug. 13 to Exclusively File Plan
FENNER AVENUE: Wants Plan Filing Deadline Moved to Aug. 12

FIRST DATA: Moody's Hikes CFR to Ba3, Outlook Stable
GILDED AGE: Equity Claim of Manager Added in Third Amended Plan
GORDON BURR: $1.4M Sale of Castle Rock Property to Londos Approved
H MELTON VENTURES: Trustee's $345K Sale of Grapevine Property Appro
HARD ROCK EXPLORATION: Final Cash Collateral Stipulation Entered

HORNE EXCAVATING: Seeks Approval of Cash Collateral Stipulation
HUSA INC: July 2 Plan Confirmation Hearing
IMAGE GRAPHICS: Wants Solicitation Period Extended to Sept. 11
INFINITY ACQUISITION: S&P Places 'B' CCR on CreditWatch Positive
JEFFERY ARAMBEL: Sale of 107 Acres of Arambel Business Park Okayed

KIKO USA: June 8 Plan Confirmation Hearing
KIKO USA: Seeks Plan Exclusivity Extension Until Aug. 9
LAWRENCE D. FROMELIUS: $60K Sale of Lisle Vacant Lot Approved
LE-MAR HOLDINGS: $4.2M Sale of Grand Prairie Property Approved
LEGACY RESERVES: Unitholders Elected 9 Directors

LITTLE REST LIVERY: Seeks Authorization to Use Cash Collateral
LONG BLOCKCHAIN: Delays Filing of First Quarter Form 10-Q
MADISON-LARAMIE SELF STORAGE: Has Until Aug. 15 to File Plan
MAOZ 8TH AVENUE: Has Until June 25 to Exclusively File Ch 11 Plan
MATTEL INC: Fitch Rates New $500MM Unsec. Notes 'BB', Outlook Neg.

MEEKER NORTH: Seeks Authorization to Use Cash Collateral
MOUNTAIN CREEK: Wants Solicitation Period Extended to Sept. 4
NAVISTAR INT'L: Moody's Alters Outlook to Positive & Affirms B3 CFR
NRC GROUP: S&P Assigns 'B' Corp. Credit Rating, Outlook Stable
OPTIMIZED LEASING: Needs More Time To Exclusively File Plan

PARTS TOWN: Moody's Cuts 1st Lien Term Loan Rating to B3
PRODUCTION PATTERN: Needs Time To Negotiate With Secured Creditor
PT HOLDINGS: S&P Affirms 'B-' Corp. Credit Rating, Outlook Stable
QUADRANGLE PROPERTIES: May 29 Auction Sale of Jackson Property Set
QUALITY PRIMARY CARE: May Use Cash Collateral on Interim Basis

RENAISSANCE PARTNERS: Proposes to Pay $140K to Unsecured Creditors
RESOLUTE ENERGY: Appoints Three New Directors
RESOLUTE ENERGY: John Goff Has 8.5% Stake as of May 15
RISE ENTERPRISES: Seeks Access to Cash Collateral Until May 31
ROSENBAUM FEEDER: Fifth Agreed Cash Collateral Order Entered

SHEET METAL AIR: Plan Outline Okayed, Plan Hearing on June 14
SOURCINGPARTNER INC: Has Until July 17 to Obtain Acceptance of Plan
SOUTHCROSS ENERGY: Acting CEO Will be Paid a Salary of $150,000
SPANISH BROADCASTING: Delays Filing of First Quarter Form 10-Q
TADD WHOLESALE: June 12 Disclosure Statement Hearing

TIERPOINT LLC: Fitch Cuts IDR to B & Alters Outlook to Negative
TIMMAR INVESTMENT: U.S. Trustee Unable to Appoint Committee
TITAN ENERGY: Delays Quarterly Report Due to Limited Staff
UNITED DISTRIBUTION: S&P Lowers CCR to 'CCC-', Outlook Negative
UNITED PLASTIC: $17.5K Sale of Judgments to Debt Acquisitions OK'd

UNUM GROUP: Fitch Rates $300M Jr. Subordinated Debt 'BB+'
VEROS ENERGY: Court Junks GCube, Kiln Bid to Dismiss Suit
VERSACOM LP: Plan Outline Okayed, Plan Hearing on June 25
VIDEOLOGY INC: U.S. Trustee Forms Seven-Member Committee
WAGGONER CATTLE: May Use Lone Star Cash Collateral on Final Basis

WALDEN REAL ESTATE: Plan Confirmation Hearing Set for July 25
WESTMORELAND RESOURCE: Obtains Waiver of Default Until June 15
XTRALIGHT MANUFACTURING: May Incur $6-Mil Debt, Use Cash Collateral
YINGLI GREEN: Unit Ordered to Repay Remaining Medium-Term Notes
YOUNG MENS: U.S. Trustee Forms 3-Member Committee

ZERO ENERGY: Continued Interim Use of Cash Collateral Approved
[^] Recent Small-Dollar & Individual Chapter 11 Filings

                            *********

A. HIRSCH REALTY: Cash Collateral Use Mooted Due to Dismissal
-------------------------------------------------------------
The Hon. Joan N. Feeney of the U.S. Bankruptcy Court for the
District of Massachusetts has declared moot A. Hirsch Realty, LLC's
continued use of cash collateral in view of the dismissal of the
case.

A copy of the Order is available at

           http://bankrupt.com/misc/mab18-10043-81.pdf

                     About A. Hirsch Realty

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 Jan. 5,
2018.  In the petition signed by Andrew H. Sherman, manager, the
Debtor estimated assets and liabilities of $1 million to $10
million.  Judge Joan N. Feeney presides over the case.  Nicholson
Herrick LLP is the Debtor's legal counsel.

The Debtor employs Eric Reenstierna, principal of Eric Reenstierna
Associates, LLC, as real estate appraiser of the property located
at 1613-1615 Blue Hill Ave., Mattapan, MA; and James Lowenstern of
Castles Unlimited Inc. d/b/a Castles Commercial as real estate
broker in the sale of said property.


ACUSPORT CORPORATION: Seeks Approval of $1-Mil Facility, Cash Use
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AcuSport Corporation seeks authority from the U.S. Bankruptcy Court
for the Southern District of Ohio to enter into a standby
postpetition financing facility from Wells Fargo Bank, N.A., as
administrative agent for each member of the Lender Group and the
Bank Product Providers.

AcuSport further seeks authority to use cash collateral together
with access to a Standby Loan, should it be needed, in order to
provide working capital to Debtor for use in its operations in
accordance with the budget.

Under the proposed financing agreement, AcuSport would be allowed
to use cash collateral without changing its cash management system.
The Standby Loan is discrete and designed to protect the value
maximizing sale and orderly wind down process of AcuSport.
Specifically, Wells Fargo and Lenders have proposed providing up to
$1,000,000 of Postpetition Debt, with up to two draws permitted
(each to be in an increment not to exceed $500,000). The Standby
Loan would only be drawn upon if AcuSport has inadequate
postpetition cash collateral to pay its bills

There is no commitment fee attached to the Standby Loan. Instead,
AcuSport will only incur fees if it actually uses the Standby Loan,
as follows: a $50,000 fee for the first draw and a $100,000 fee
upon the second draw. AcuSport does not project needing to use the
Standby Loan, but it is necessary and appropriate to protect
against unforeseen risks to the estate and the Case.

The Postpetition Revolving Loans will bear interest at a per annum
rate equal to the Base Rate plus 3.5%. The Base Rate is unchanged
from the Prepetition Credit Agreement and is the greatest of (a)
the Federal Funds Rate plus 1/2%, (b) the LIBOR Rate, plus 1
percentage point, and (c) the rate of interest announced, from time
to time, within Wells Fargo at its principal office in San
Francisco as its "prime rate."

Postpetition Liens will be granted to Wells Fargo, for the benefit
of Postpetition Lenders, to secure the Postpetition Debt. The
Postpetition Liens are in addition to Prepetition Liens and are
priority liens, subject only to Permitted Priority Liens, the
Carveout, Prepetition Liens, and Replacement Liens. The
Postpetition Debt will have superpriority administrative expense
status under section 364(c)(1) of the Bankruptcy Code, with
priority over all costs and expenses of administration of the Case
that are incurred under any provision of the Bankruptcy Code.

In June 2015, AcuSport entered into a Credit Agreement by and
among, Wells Fargo Bank, National Association, as administrative
agent for and member of the Prepetition Lender Group. Pursuant to
the terms of the Prepetition Credit Agreement and other prepetition
loan documents, Prepetition Lenders provided a secured term loan,
revolving loan, and other financial accommodations to AcuSport. As
of the Petition Date, the balance owing the Prepetition Lenders is
approximately $17.5 million.

Wells Fargo and Prepetition Lenders have consented to the Interim
Order the use of cash collateral. Wells Fargo's and Prepetition
Lenders' adequate protection will include, without limitation:

       (i) an Adjusted Availability test to protect against the
diminution in the value or amount of the Prepetition Collateral

       (ii) replacement liens, and

       (iiii) a super-priority administrative expense claim under
section 507(b) of the Bankruptcy Code, with such replacement liens
and section 507(b) superpriority administrative expense claim to be
subject to the Carveout, as more particularly set forth in the
Interim Order.

A full-text copy of the Debtor's Motion is available at

          http://bankrupt.com/misc/ohsb18-52736-16.pdf

                    About AcuSport Corporation

Based in Bellefontaine, Ohio, AcuSport Corporation is a nationwide
distributor of shooting sports products and business solutions for
the independent firearms retailer with regional sales offices in
Ohio, Pennsylvania, Georgia, Minnesota, Texas, Montana and
California.

AcuSport Corporation, based in Bellefontaine, OH, filed a Chapter
11 petition (Bankr. S.D. Ohio Case No. 18-52736) on May 1, 2018.
The Hon. John E. Hoffman Jr. presides over the case.

The Debtor hires Allen Kuehnle Stovall & Neuman LLP, as local
counsel; Bryan Cave Leighton Paisner LLP, as general counsel; Allen
Kuehnle Stovall & Neuman LLP, as Ohio bankruptcy co-counsel Huron
Transaction AdvisoRY LLC, as investment banker; Huron Consulting
Services LLC, as financial advisor; Donlin Recano & Company, INC.,
as claims noticing & solicitation agent.

In the petition signed by John K. Flanagan, chief financial
officer, the Debtor estimated $10 million to $50 million in assets
and $50 million to $100 million in liabilities.



ADVANCED UNDERGROUND: Seeks Authority to Use Cash Resources
-----------------------------------------------------------
Advanced Underground Inspection, LLC, asks the U.S. Bankruptcy
Court for the Eastern District of Michigan for authorization to use
its cash resources to fund its immediate need, as well as the
longer term needs of this case as it endeavors to achieve the
benefits of a successful Chapter 11 reorganization.

The Debtor proposes to use cash collateral for the payment of
employee wages and salaries, payroll taxes, supplies, fuel and
other general operating and working capital purposes in the
ordinary course of its business, including amounts paid for such
purposes which may constitute administrative expense claims
directly attributable to the operation of the Debtor's business
post-petition and expenditures authorized by final order of the
Court.

The Debtor has three creditors with claims in the prepetition cash
collateral:

     (1) Huntington Bank. On the Petition Date, the outstanding
balance on Huntington Operating Loan was approximately $260,553 and
the outstanding balance on Huntington Equipment Loan was
approximately $599,295.

     (2) Commercial Credit Group Inc. The Debtor owed Commercial
Credit Group approximately $304,323 as of the Petition Date, plus
subsequently accruing interest and other charges, including
expenses recoverable under the CCG Loan Documents.

     (3) The Internal Revenue Service. The IRS recorded Notice of
Federal Tax Lien against the Debtor. While servicing all of its
debt, the Debtor again incurred unpaid federal employment tax
liabilities in 2017. Accordingly the IRS recorded additional
Notices of Federal Tax Lien. The Debtor has remained current during
2018 on all of its federal employment tax obligations.

The Debtor has been in contact with counsel for Huntington Bank,
Commercial Credit Group and the IRS regarding the use of cash
collateral. The parties have negotiated for the consensual use of
cash collateral.

The Debtor is proposing to provide adequate protection to
Huntington Bank, Commercial Credit Group and the IRS, as follows:

      (a) The Debtor will make following payments to Huntington
Bank in connection with the outstanding balance on the Huntington
Line of Credit: (i) $3,600 on or before May 18, 2018; (ii) $13,600
on or before June 15, 2018; (iii) $7,200 on or before July 13,
2018; and (iv) $3,200 on July 25, 2018 and continuing on the 25th
day of each consecutive month until the effective date of a
confirmed chapter 11 plan of reorganization or conversion or
dismissal of this case;

      (b) The Debtor will make following payments to Huntington
Bank in connection with the outstanding balance on the Huntington
Equipment Loan: (i) $32,000 on or before June 8, 2018; (ii) $32,600
on or before July 10, 2018; (iii) $32,200 on or before August 10,
2018; (iv) $32,000 on or before September 10, 2018 and (iv) $17,000
on October 15, 2018 and continuing on the 15th day of each
consecutive month until the effective date of a confirmed chapter
11 plan of reorganization or conversion or dismissal of this case;

      (c) The Debtor will make following payments to Commercial
Credit Group: (i) $27,000 on or before June 8, 2018; (ii) $27,600
on or before July 10, 2018; (iii) $27,200 on or before August 10,
2018; (iv) $27,000 on or before September 10, 2018 and (iv) $18,000
on October 15, 2018 and continuing on the 15th day of each
consecutive month until the effective date of a confirmed chapter
11 plan of reorganization or conversion or dismissal of this case;

      (d) The Debtor will pay the IRS $6,000 as monthly adequate
protection payment beginning on the 25th day of May and continuing
on the 25th day of each consecutive month until the effective date
of a confirmed chapter 11 plan of reorganization or conversion or
dismissal of this case;

      (e) In addition, the Debtor will grant Huntington Bank,
Commercial Credit Group and the IRS, replacement liens in Debtor's
post-petition assets, effective as of the Petition Date, including
its accounts receivables, to the same extent, validity and in the
same priority as such liens existed on the Petition Date.

A full-text copy of the Debtor's Motion is available at

           http://bankrupt.com/misc/mieb18-46416-6.pdf

              About Advanced Underground Inspection

Established in 2001, Advanced Underground Inspection, LLC --
http://www.auinspection.com/-- provides underground storm and
sanitary line video inspections services to include sewer cleaning,
catch basin and manhole cleaning, grouting, air testing, pipe and
manhole rehabilitation, and site restoration.  Additionally,
Advanced Underground Inspection, LLC provides ancillary services
related to storm/sewer systems for pump stations and waste water
treatment plants including: sludge removal, waterblasting, disposal
services and hydro-excavating. The Company is headquartered in
Westland, Michigan.

Visit http://www.auinspection.comfor more information.

Advanced Underground Inspection, LLC filed a Chapter 11 petition
(Bankr. E.D. Mich. Case No.: 18-46416), on May 1, 2018. The
petition was signed by Jeana Garcia Moir, president. The case is
assigned to Judge Thomas J. Tucker. The Debtor is represented by
Lynn M. Brimer, Esq. at Strobl & Sharp, PC. At the time of filing,
the Debtor had $860,087 in total assets and $2.55 million in total
liabilities.


AKC ENTERPRISES: $825K Sale of St. Charles Assets to Schmidt OK'd
-----------------------------------------------------------------
Judge Kathy A. Surratt-States of the U.S. Bankruptcy Court for the
Eastern District of Missouri authorized AKC Enterprises, Inc.'s
Asset Purchase Agreement with Schmidt Real Estate Group, LLC or its
assigns in connection with the sale of its real property located at
501 South Main Street, St. Charles, Missouri, including all fixed
equipment, hoods, fire pits and walk-ins, for $825,000.

A hearing on the Motion was held on May 7, 2018 at 11:00 a.m.  The
objection deadline was April 30, 2018.

The sale is free and clear of all Encumbrances.

Pursuant to Bankruptcy Rules 7062, 9014, and 6004(h), the Order
will be effective immediately upon entry and the Debtor and the
Buyer are authorized, but are not required, to close the Proposed
Sale immediately upon entry of the Order, notwithstanding the
14-day stay periods in Bankruptcy Rules 6004(h) which are expressly
waived.

The automatic stay pursuant to Section 362 of the Bankruptcy Code
is lifted with respect to the Debtor to the extent necessary,
without further order of the Court, to (i) allow the Buyer to
deliver any notice provided for in the Purchase Agreement, and (ii)
allow the Buyer to take any and all actions permitted under the
Purchase Agreement in accordance with the terms and conditions
thereof.

No later than seven days after the date of the order, the Debtor's
counsel is directed to serve a copy of the order on all necessary
parties and is directed to file a certificate of service no later
than 24 hours after service.

                    About AKC Enterprises

AKC Enterprises, Inc., doing business as Little Hills Winery, doing
business as Little Hills Restaurant, doing business as Little Hills
Wine Shop, is a locally owned and operated wine producer in Saint
Charles, Missouri.  Its wines are made from French/American
Hybrids, German/American Hybrids and Native Missouri Grapes.  The
Company harvests grapes purchased from Missouri Grape Growers and
some Illinois Grape Growers.  It also produces its fruit wines from
fruit purchased from local suppliers.  The company --
https://www.littlehillswinery.com/ -- now produces 16 to 18 wines
depending on the time of year, designated and paired with its menu
served at its restaurant.  The Restaurant offers banquets,
catering, and delivery (Grubgo.com) services.  The Restaurant
accommodates 300 persons on its terraces and 100 inside its
building. The company's Little Hills Wine Shop is located at 710 S.
Main Street, just two blocks South of the Restaurant.  The Shop
features Little Hills Wines and many other Missouri Made Wines.

AKC Enterprises filed a Chapter 11 petition (Bankr. E.D. Mo. Case
No. 18-40472) on Jan. 29, 2018.  In the petition signed by David
Campbell, president, the Debtor disclosed $1.20 million in assets
and $1.57 million in liabilities.  Thomas H. Riske, Esq., at
Carmody MacDonald P.C., serves as bankruptcy counsel to the Debtor.
An official committee of unsecured creditors has not been
appointed in the Chapter 11 case.


ALBANY EYE PHYSICIANS: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------------
The Office of the U.S. Trustee on May 21 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Albany Eye Physicians &
Surgeons P.C.

              About Albany Eye Physicians & Surgeons

Albany Eye Physicians & Surgeons, P.C., which conducts business
under the name Stasior & Stasior Eye Care, filed a Chapter 11
bankruptcy petition (Bankr. N.D.N.Y. Case No. 18-10626-1) on April
11, 2018.  The Debtor hired Nolan & Heller, LLP as its legal
counsel.


ALTA MESA: Delays Form 10-Q Due to Business Combination
-------------------------------------------------------
Alta Mesa Holdings, LP notified the Securities and Exchange
Commission via a Form 12b-25 that it will delayed in filing its
Quarterly Report on Form 10-Q for the period ended March 31, 2018.

Alta Mesa has not finalized its quarterly report for the period
ended March 31, 2018 and the presentation of its financial
statements.  The Company was acquired by Alta Mesa Resources, Inc.
(f/k/a Silver Run Acquisition Corporation II) on Feb. 9, 2018.
Alta Mesa has applied push down accounting in its financial
statements from the date of the acquisition to reflect Alta Mesa
Resources' basis and accounting policies.  The Company said that as
a result of the acquisition and changes in accounting, the Company
could not complete and file its Form 10-Q quarterly report by the
prescribed due date and needs additional time to finalize its
quarterly report.  The Company anticipates that the review of the
quarterly report will be completed and the Form 10-Q finalized in
order to file the report within the prescribed extension period.

                      About Alta Mesa

Headquartered in Houston, Texas, Alta Mesa Holdings, LP --
http://www.altamesa.net/-- is an independent energy company
focused on the development and acquisition of unconventional oil
and natural gas reserves in the Anadarko Basin in Oklahoma and
provides midstream energy services, including crude oil and gas
gathering, processing and marketing to producers in the STACK play
region through Kingfisher Midstream, LLC.

Alta Mesa reported a net loss of $77.66 million in 2017 compared to
a net loss of $167.92 million in 2016.  As of Dec. 31, 2017, Alta
Mesa had $1.08 billion in total assets, $930.95 million in total
liabilities and $154.44 million in partners' capital.


ANTHONY SALTER: $40K Sale of 8-Tower Valley Pivot Approved
----------------------------------------------------------
Judge Anita Shodeen of the U.S. Bankruptcy Court for the Southern
District of Iowa authorized Anthony Wayne Salter and Mary Frances
Salter to sell an 8-tower Valley Pivot (396 hours) to Missouri
River Farms, LLC for $40,000.

All the sale proceeds will be paid to Agriland.

The parties' signatures affixed in the Order to evidence the
agreement to as disposition of sale proceeds.

Anthony Wayne Salter and Mary Frances Salter sought Chapter 11
protection (Bankr. S.D. Iowa Case No. 18-00194) on Jan. 31, 2018.
The Debtors tapped Nicole B. Hughes, Esq., as counsel.


ANTONIO ANABO: $810K Sale of Oakland Rental Property Approved
-------------------------------------------------------------
Judge Charles Novack of the U.S. Bankruptcy Court for the Northern
District of California authorized Antonio H. Anabo's sale of the
rental property located at 462 37th Street, Oakland, California to
Next Level Architecture, LLC for $810,000.

A hearing on the Motion was held on May 10, 2018 at 10:00 a.m.

The sale is free and clear of all liens, claims, and interests.

                      About Antonio H. Anabo

Antonio H. Anabo is a married man resident of the State of
California, Alameda County.  He has been employed by AC Transit as
a bus driver for the past 27 years.  His wife is unemployed.  His
assets are five real properties that were purchased between 1998
and 2006 for investment purposes and realization of gain.  

Antonio H. Anabo sought Chapter 11 protection (Bankr. N.D. Cal.
Case No. 16-42839) on Nov. 1, 2017.  The Debtor tapped Kevin Tang,
Esq., at Tang & Associates, as counsel.


ARCON PROPERTIES: Iron Hill to Receive Payments Under Latest Plan
-----------------------------------------------------------------
Arcon Properties, LLC proposes to pay the secured claim of Iron
Hill Construction Management Co. from a cash infusion, upon a
refinancing by the company or upon a sale of its real property,
according to its latest Chapter 11 plan of reorganization.

Arcon Properties is seeking a capital infusion by obtaining funds
through the issuance of new membership interest in the company with
the use of the assets of its affiliates, and new financing which
will be utilized as a refinance of the company's existing debt.

In the event that the company does not obtain the cash infusion or
new financing within 30 days after confirmation of the plan, its
real property in Selinsgrove, Pennsylvania, will be listed for
sale.  Iron Hill will receive payments from one of these sources of
funding under the proposed plan.

Iron Hill obtained a mortgage by virtue of an order of the Court of
Common Pleas of Snyder County, Pennsylvania, dated November 17,
2015, securing a debt in the amount of $629,386.62, according to
Arcon Properties' latest plan filed with the U.S. Bankruptcy Court
for the Middle District of Pennsylvania.  

The company's affiliate Arcon Homes, LLC also filed its latest
reorganization plan, which contains minor revisions to the proposed
treatment of claims of Colonial Funding Network, Inc.  

Under the latest plan, Colonial Funding will receive payment of its
secured claim from the cash infusion, upon a refinancing by Arcon
Homes or upon a sale of the real property based upon the available
funds, after payment of the sale costs and all prior liens.  

Prior liens include real estate taxes which are owed, municipal
claims, the amount owed to secured creditor CBC Partners I, LLC,
and any lien amount owed to the Internal Revenue Service, according
to Arcon Homes' amended plan.

Copies of the companies' amended Chapter 11 plans and disclosure
statement are available for free at:

     http://bankrupt.com/misc/pamb18-00212-86.pdf
     http://bankrupt.com/misc/pamb18-00213-49.pdf
     http://bankrupt.com/misc/pamb18-00212-88.pdf

              About Arcon Properties and Arcon Homes

Arcon Properties, LLC is a Pennsylvania company which commenced
business in April, 2013.  It was formed for the purpose of owning a
real property located at 195 Airport Road, Selinsgrove, Snyder
County, Pennsylvania.  The real estate was initially to be utilized
as a manufactured building plant and associated offices.

Arcon Homes, LLC was formed for the purpose of owning equipment and
various vehicles and carriers to be utilized in the manufactured
building business.  It is a Pennsylvania company, which commenced
business in 2007.

Arcon Properties and Arcon Homes sought protection under Chapter 11
of the Bankruptcy Code (Bankr. M.D. Pa. Case Nos. 18-00212 and
18-00213) on January 22, 2018.  The petitions were signed by
Merrill D. Miller, Jr., member.  

At the time of the filing, Arcon Properties disclosed that it had
estimated assets and liabilities of $1 million to $10 million.
Arcon Homes disclosed that it had estimated assets of less than
$500,000 and liabilities of $1 million to $10 million.

Judge Robert N. Opel II presides over the cases.  

The Debtors are represented by Robert E. Chernicoff, Esq., at
Cunningham, Chernicoff & Warshawsky P.C.


ATD CAPITOL: Needs Time to Permit Parent to Pursue Settlement Talks
-------------------------------------------------------------------
ATD Capitol, LLC, asks the U.S. Bankruptcy Court for the Southern
District of Florida to extend the exclusive periods during which
only the Debtor can file a Chapter 11 plan and solicit acceptance
of that plan through and including July 5, 2018, and Sept. 3, 2018,
respectively.

The Debtor further requests that the procedures order deadline be
extended to through and including July 5, 2018.

As reported by the Troubled Company Reporter on May 7, 2018, the
Court previously extended, at the behest of the Debtor, the
exclusive period to propose a Chapter 11 plan through and including
May 10, 2018; and the exclusive period to solicit acceptances of
the plan through and including July 9, 2018.

Since the Petition Date, the Debtor has devoted a significant
amount of time to complying with the requirements of operating as a
debtor-in-possession during a Chapter 11 case.  The Debtor is a
wholly-owned subsidiary of Capitol Supply, Inc., who is also a
debtor in a bankruptcy case pending before the Court at In re
Capitol Supply, Inc., Case No. 17-21544-EPK.  The Debtor's proposed
reorganization will be impacted by the outcome of the appeal of the
Court's decision with respect to a contested matter in Capitol
Supply's bankruptcy case.  Specifically, Capitol Supply obtained an
order from the Court enforcing the stay against an action by the
U.S., one of its largest unsecured creditors, and Louis Scutellaro
pending before the District Court for the District of Columbia.
The U.S. appealed the Court's decision to the U.S. District Court
for the Southern District of Florida, and the matter has been fully
briefed.  

The Debtor's proposed reorganization will also be impacted by the
outcome of Capitol Supply's negotiations with its primary secured
lender.  Capitol Supply has been engaged in settlement discussions
regarding the DC Case, consensual plan terms and other related
issues with the U.S. and its primary secured creditor.

The Debtor requires additional time to permit Capitol Supply to
pursue settlement discussions with the U.S. and its secured lender
prior to the Debtor formulating and proposing its plan of
reorganization and disclosure statement.

In addition, Bradley S. Shraiberg, counsel for Capitol Supply and
the Debtor who has been primarily engaged in the foregoing
negotiations, will be out of the country for personal travel
beginning June 6, 2018, through June 20, 2018.

Further, Capitol Supply recently filed a motion to extend its
exclusive filing period to through and including June 4, 2018, and
its exclusive solicitation period to through and including Aug. 3,
2018, and its deadline for filing its plan to June 4, 2018, and it
is anticipated that Capitol Supply will seek another extension of
its exclusive filing period to through and including July 5, 2018.


A copy of the Debtor's request is available at:

           http://bankrupt.com/misc/flsb17-22257-80.pdf
  
                        About ATD Capitol

ATD Capitol, LLC, was incorporated on Aug. 12 2015, and is in the
office and public building furniture business.  ATD is an affiliate
of Capitol Supply, Inc., which sought bankruptcy protection (Bankr.
S.D. Fla. Case No. 17-21544) on Sept. 20, 2017.

ATD Capitol, LLC, based in Boca Raton, FL, filed a Chapter 11
petition (Bankr. S.D. Fla. Case No. 17-22257) on Oct. 9, 2017.  In
the petition signed by Robert J. Steinman, president, the Debtor
estimated $100,000 to $500,000 in assets and $1 million to $10
million in liabilities.  The Hon. Paul G. Hyman, Jr. presides over
the case.  Bradley Shraiberg, Esq., at Shraiberg Landau & Page,
P.A., serves as bankruptcy counsel to the Debtor.  An official
committee of unsecured creditors has not yet been appointed in the
Chapter 11 case.


AUTO MASTER EXPRESS: Seeks Authorization to  Use Cash Collateral
----------------------------------------------------------------
Auto Master Express Inc. filed with the U.S. Bankruptcy Court for
the District of Puerto Rico an amended motion seeking authority to
use cash collateral as set forth in the monthly budget.

The proposed monthly budget provides total expenses of
approximately $2,352.

Auto Master requires the use of cash collateral to fund all
necessary operating expenses of the service station located at PR
198, km 16.0, Ceiba Sur Ward in Juncos, PR. Auto Master seeks to
use cash collateral in the ordinary course of business,
specifically for the payment of its secured priority debtors once
they have restructured either by stipulation with secured creditors
or by cramdown.

Auto Master acknowledges that creditor Banco Popular de PR may have
lines on the cash collateral in the aggregate amount of $418,014.

Auto Master will provide Banco Popular a monthly payment in amount
of $1,647.89 commencing in May 2018.  Auto Master will be granting
Banco Popular monthly payment on post-petition collateral to the
extent its pre-petition collateral is diminished by its use of cash
collateral.

A full-text copy of the Debtor's Amended Motion is available at

             http://bankrupt.com/misc/18-01464-31.pdf

                    About Auto Master Express

Auto Master Express Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D.P.R. Case No. 18-01464) on March 19,
2018.  At the time of the filing, the Debtor estimated assets of
less than $500,000 and liabilities of less than $1 million.  The
Debtor retained Lcdo. Carlos Alberto Ruiz, CSP, as its legal
counsel.


AVIATION ENGINEERING: Needs More Time to Exclusively File Plan
--------------------------------------------------------------
Aviation Engineering Consultants, Inc., asks the U.S. Bankruptcy
Court for the Middle District of Florida to extend by 30 days the
exclusive period during which only the Debtor can file a plan of
reorganization and disclosure statement.

On Feb. 7, 2018, the Court entered an order establishing May 14,
2018, as the deadline for filing Plan and Disclosure Statement.

The Debtor says it needs additional time for the negative notice
period to conclude for its filed objection to Claim Number 7 of
DERS Group Svc., LLC, and objection to Claim Number 1 of Ganesh
Machinery.  Additionally, there is an outstanding claim with regard
to Associated Aircraft and Manufacturing & Sales, Inc., in an
amount yet to be determined by the Court.

Accordingly, the Debtor will require an additional 30 days' time to
finalize the Plan of Reorganization and Disclosure Statement.  This
is Debtor's first request for an extension and the length of the
extension.

The Debtor assures the Court that it is not making this request to
delay the proceeding or prejudice any parties-in-interest.  Rather,
the Debtor believes it is in the best interest of the creditors,
the Debtor and the estate that the extension be granted.

A copy of the Debtor's request is available at:

           http://bankrupt.com/misc/flmb18-00241-92.pdf

           About Aviation Engineering Consultants Inc.

Aviation Engineering Consultants, Inc., sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla. Case No.
18-00241) on Jan. 12, 2018.  

In the petition signed by Fahim Avaregan, operations manager and
trustee, the Debtor disclosed that it had estimated assets of less
than $50,000 and liabilities of less than $500,000.  

Judge Caryl E. Delano presides over the case.  Blanchard Law, P.A.,
is the Debtor's bankruptcy counsel.


BEAR METAL WELDING: Exit Plan to Pay Unsecured Claims in Full
-------------------------------------------------------------
General unsecured creditors of Bear Metal Welding & Fabrication,
Inc. will be paid in full under the company's proposed plan to exit
Chapter 11 protection.

The plan of reorganization proposes to pay creditors holding Class
3 general unsecured claims 100% of their claims.  These creditors
will receive a quarterly payment of $1,900 beginning on the 24th
month.  Payment will end on the 72nd month.

Payments under the plan will be funded from income generated from
Bear Metal's regular business operations.  If it is not enough,
Dean Mormino, owner of Bear Metal who has a pending personal injury
action, is willing to borrow funds for the company to finance the
plan, according to the company's disclosure statement filed with
the U.S. Bankruptcy Court for the Northern District of Illinois.

A copy of the disclosure statement is available for free at:

     http://bankrupt.com/misc/ilnb17-24246-84.pdf

The bankruptcy court will consider approval of the plan at a
hearing on June 21 at Courtroom 615.  The court will also consider
at the hearing final approval of the company's disclosure
statement, which it conditionally approved on May 17.  The order
set a June 18 deadline for creditors to file their objections to
the plan.

             About Bear Metal Welding & Fabrication

Headquartered in Lombard, Illinois, Bear Metal Welding &
Fabrication, Inc., provides fabrication and repair of metals to
commercial and consumer markets.  Bear Metal's principal asset is
the improved real estate from which it operates at 948 North Ridge
Avenue, Lombard, Illinois, with the property valued at $450,000.

Dean Mormino has been Bear Metal's principal officer at all times
since the Company began business operations in 1997. Mr. Mormino
has been the sole shareholder, director and the president since
2012 when his marriage to Melisa Mormino was dissolved.  Prior to
the dissolution of their marriage, Melisa Mormino was a shareholder
of Bear Metal.

Bear Metal filed for Chapter 11 bankruptcy protection (Bankr. N.D.
Ill. Case No. 17-24246) on Aug. 14, 2017, estimating up to $50,000
in assets and between $500,001 and $1 million in liabilities.  The
petition was signed by Mr. Mormino.

Abraham Brustein, Esq., at Dimonte & Lizak, LLC, serves as the
Debtor's bankruptcy counsel.  Lehman & Associates CPA, Ltd., is the
Debtor's accountant.


BIOSCRIP INC: Chief Accounting Officer Resigns
----------------------------------------------
Anthony Lopez stepped down as chief accounting officer of BioScrip,
Inc. on May 14, 2018.  Alex Schott, BioScrip's interim chief
accounting officer, will remain in that position until a new Chief
Accounting Officer is appointed

                      About BioScrip, Inc.

Headquartered in Denver, Colo., BioScrip, Inc. --
http://www.bioscrip.com/-- is a national provider of infusion
solutions that partners with physicians, hospital systems, skilled
nursing facilities and healthcare payors to provide patients access
to post-acute care services.  The Company operates with a
commitment to bring customer-focused infusion therapy services into
the home or alternate-site setting.  By collaborating with the full
spectrum of healthcare professionals and the patient, the Company
aims to provide cost-effective care that is driven by clinical
excellence, customer service and values that promote positive
outcomes and an enhanced quality of life for those whom it serves.

BioScrip reported a net loss attributable to common stockholders of
$74.27 million for the year ended Dec. 31, 2017, compared to a net
loss attributable to common stockholders of $51.84 million for the
year ended Dec. 31, 2016.

As of March 31, 2018, Bioscrip had $586.88 million in total assets,
$602.35 million in total liabilities, $2.92 million in series A
convertible preferred stock, $81.81 million in series C convertible
preferred stock, and a total stockholders' deficit of $100.21
million.

                           *    *    *

Moody's Investors Service affirmed BioScrip, Inc.'s 'Caa2'
Corporate Family Rating.  BioScrip's Caa2 CFR reflects the
company's very high leverage and weak liquidity, as reported by the
TCR on Aug. 3, 2017.

As reported by the TCR on July 7, 2017, S&P Global Ratings affirmed
its 'CCC' corporate credit rating on BioScrip Inc. and removed the
rating from CreditWatch, where it was placed with negative
implications on Dec. 16, 2016.  The outlook is positive.  "The
rating affirmation reflects our view that, although BioScrip
addressed its upcoming maturities by refinancing its senior secured
credit facilities and improved its liquidity position, the
company's credit measures will remain weak in 2017 with debt
leverage of about 14x (including our treatment of preferred stock
as debt) and funds from operations (FFO) to debt in the low single
digits.  We expect the company to use about $15 million - $20
million of cash in 2017, inclusive of cash charges associated with
restructuring following the recently announced United Healthcare
contract termination."


BIOSTAR PHARMACEUTICALS: Needs More Time to Complete Its Form 10-Q
------------------------------------------------------------------
Biostar Pharmaceuticals, Inc. was unable to complete its Quarterly
Report on Form 10-Q for the fiscal quarter ended March 31, 2018
within the prescribed time period without unreasonable effort and
expense.  The Company said additional time is needed for it to
compile and analyze supporting documentation in order to complete
the Quarterly Report and to permit the Company's independent
accountants to complete their review of the unaudited financial
statements included in the Quarterly Report.

                    About Biostar Pharmaceuticals

Based in Xianyang, China, Biostar Pharmaceuticals, Inc., through
its wholly owned subsidiary and controlled affiliate in China --
http://www.biostarpharmaceuticals.com/-- develops, manufactures,
and markets pharmaceutical and health supplement products for a
variety of diseases and conditions.

Biostar incurred a net loss of $5.69 million in 2016 and a net
loss of $25.11 million in 2015. As of Sept. 30, 2017, the Company
had $41.42 million in total assets, $5.27 million in total
liabilities, all current, and $36.14 million in total
stockholders' equity.

Mazars CPA Limited, Certified Public Accountants, in Hong Kong,
issued a "going concern" qualification on the consolidated
financial statements for the year ended Dec. 31, 2016, stating
that the Company had experienced a substantial decrease in sales
volume which resulted a net loss for the year ended Dec. 31,
2016.  Also, part of the Company's buildings and land use rights
are subject to litigation between an independent third party and
the Company's chief executive officer, and the title of these
buildings and land use rights has been seized by the PRC Courts
so that the Company cannot be sold without the Court's
permission.  In addition, the Company already violated its
financial covenants included in its short-term bank loans.  These
conditions raise substantial doubt about the Company's ability to
continue as a going concern.


BLACK IRON: Has Until Dec. 1 To Exclusively File Plan
-----------------------------------------------------
The Hon. William T. Thurman of the U.S. Bankruptcy Court for the
District of Utah has extended, at the behest of Black Iron, LLC,
the exclusive period for filing a plan of reorganization to and
including Dec. 1, 2018, and the exclusive period for soliciting
acceptances to and including Feb. 1, 2019.

As reported by the Troubled Company Reporter on May 2, 2018, the
Debtor asked for another extension, in consideration of complex
pending litigation issues that have now been removed or referred to
the Court and ongoing efforts to resolve tax obligations.  In
addition to the pending litigation, the Debtor continues to make
progress in the main case, including Debtor's continued efforts to
reach possible settlements with the taxing authorities.  The Debtor
filed an objection to Iron County Treasurer's Claim Nos. 2-1 and
2-2 filed on April 10, 2018.  

                        About Black Iron

Black Iron, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Utah Case No. 17-24816) on June 1, 2017.
Steve L. Gilbert, its manager, signed the petition.  At the time
of the filing, the Debtor estimated its assets and debts at $1
million to $10 million.

Judge William T. Thurman presides over the case.

The Debtor hired Adelaide Maudsley, Esq., and Ralph R. Mabey, Esq.,
at Kirton McConkie P.C. as bankruptcy counsel.  The Debtor tapped
Gary Thorup, Esq., at Durham Jones to serve as its special
litigation counsel; WSRP, LLC, as its accountant; and Alysen
Tarrant as its environmental consultant.


BLACKRIDGE TECHNOLOGY: Incurs $3.2-Mil. Net Loss in First Quarter
-----------------------------------------------------------------
Blackridge Technology International, Inc. filed with the Securities
and Exchange Commission its Quarterly Report on Form 10-Q reporting
a net loss of $3.23 million on $3,188 of revenue for the three
months ended March 31, 2018, compared to a net loss of $2.28
million on $28,741 of revenue for the three months ended March 31,
2017.

As of March 31, 2018, Blackridge had $8.44 million in total assets,
$7.61 million in total liabilities and $825,164 in total
stockholders' equity.

At March 31, 2018, the Company had total current assets of
$854,001, including cash of $300,438, and current liabilities of
$7,200,982, resulting in working capital deficit of $6,346,981.
The Company's current assets and working capital included
receivables of $115,925, inventory of $41,580 and prepaid expenses
of $396,058.

In addition, as March 31, 2018, the Company had total stockholders'
equity of $825,164.  As the Company has worked toward its
acquisition and new product launches, the Company has primarily
financed recent operations, the development of technologies, and
the payment of expenses through the issuance of its debt, common
stock, preferred stock and warrants.

For the three months ended March 31, 2018, net cash used in
operating activities was $2,141,765, as a result of the Company's
net loss from continued operations of $3,234,778 and increases in
inventory of $1,172, prepaid expenses of $34,416, and decreases in
deferred revenue of $3,187, accounts payable and accrued expenses
-- related party of $39,881, partially offset by non-cash expenses
totaling $404,366, and increases in accounts payable and accrued
expenses of $301,518, accrued interest of $42,303, accrued interest
- related party of $38,497, wages payable of $283,530, and a
decrease in accounts receivable of $101,455.

Cash used in investing activities for the three months ended
March 31, 2018 was $554,666 compared to $140,011 for the three
months ended March 31, 2017.  The increase in the current period is
due primarily to an increase in capitalized engineering costs
related to the Company's technology development.

For the three months ended March 31, 2018, net cash provided by
financing activities was $2,575,000, comprised of proceeds from the
sale short term notes -- related party of $500,000, short term
notes of $2,100,000 and advances -- related party of $75,000,
partially offset by the repayments of long-term notes of $100,000.

"Based on our current business plan, we anticipate that our
operating activities will use approximately $500,000 in cash per
month over the next twelve months, or $6 million.  Currently we do
not have enough cash on hand to fully implement our business plan,
and will require additional funds within the next year.  We believe
that our operations will not begin to generate significant cash
flows until the second quarter of 2018 when we expect to begin new
product contracts.  

"In order to remedy this liquidity deficiency, we are actively
seeking to raise additional funds through the sale of equity and
debt securities, and ultimately plan to generate substantial
positive operating cash flows.  Our internal sources of funds will
consist of cash flows from operations, but not until we begin to
realize substantial revenues from sales. In December 2017, we
entered into a term sheet for a private placement of up to $7
million to fund continuing operations.  If we are unable to raise
additional funds in the near term, we may not be able to fully
implement our business plan, and it is unlikely that we will be
able to continue as a going concern."

A full-text copy of the Form 10-Q is available for free at:

                      https://is.gd/qETBLZ


                   About BlackRidge Technology

Headquartered in Reno, Nevada, BlackRidge Technology, formerly
known as Grote Molen, Inc. -- http://www.blackridge.us/--   
develops and markets next generation cyber defense solutions that
enables its customers to deliver more secure and resilient business
services in today's rapidly evolving technology and cyber threat
environments.  The Company's network, server, and cloud security
products are based on its patented Transport Access Control
technology and are designed to isolate, cloak and protect servers
and cloud services from cyber-attacks and block unauthenticated
access.  BlackRidge products are used in enterprise and government
computing environments, the industrial Internet of Things (IoT),
commercial blockchains, and other cloud service provider and
network systems, military grade and patented network security
technology.

Blackridge incurred a net loss of $15.34 million in 2017 compared
to a net loss of $7.21 million in 2016.  As of Dec. 31, 2017,
BlackRidge Technology had $8.17 million in total assets, $6.60
million in total liabilities and $1.56 million in total
stockholders' equity.

Haynie & Company, in Salt Lake City, Utah, issued a "going concern"
qualification in its report on the consolidated financial
statements for the year ended Dec. 31, 2017, citing that the
Company has incurred losses since inception, has negative cash
flows from operations, and has negative working capital.  These
factors raise substantial doubt about the Company's ability to
continue as a going concern.


BLAIR OIL: Trustee's $1.8K Sale of Oil & Gas Interests to Duke OK'd
-------------------------------------------------------------------
Judge Thomas B. McNamara of the U.S. Bankruptcy Court for the
District of Colorado authorized Blair Oil Investments, LLC, by
Jeffrey A. Weinman, Chapter 7 Trustee of the bankruptcy estate of
Peter H. Blair, to sell oil and gas leases with wells and
production equipment, oil and gas fixtures and personal property
located in Yuma County, Colorado, to Duke Gas Co., LLC for $1,800.

The sale is free and clear of any liens, claims and interests.

The Debtor is authorized to pay at closing all customary,
reasonable and necessary costs of sale, such as recording fees,
prorated real property taxes, sales taxes, and other closing costs,
from the gross sale proceeds of the sale of the Yuma Interests.

The stay of execution on the Order imposed by Fed. R. Bank. P.
6004(h) is lifted.

                 About Blair Oil Investments

Blair Oil Investments, LLC, is the owner of an interest in certain
oil and gas leases with wells and production equipment, oil and gas
fixtures and personal property located in Yuma County, Colorado.
It also owns 117 other interests in other oil and gas interests.

Blair Oil Investments sought Chapter 11 protection (Bankr. D. Col.
Case No. 15-15009) May 7, 2015.  The Debtor estimated assets and
liabilities in the range of $1 million to $10 million.  The Debtor
tapped Harvey Sender, Esq., at Sender Wasserman Wadsworth, P.C., as
counsel.

Peter H. Blair filed his voluntary petition for relief under
Chapter 11 of the Bankruptcy Code also on May 7, 2015 (Case No.
15-15008).  On Aug. 20, 2015, Mr. Blair's bankruptcy case was
converted to a case under Chapter 7.  Jeffrey A. Weinman is the
Chapter 7 trustee for Mr. Blair's bankruptcy estate.  Mr. Blair's
bankruptcy estate is the holder of 100% of the membership of BOI.


BRUCE MULLER: $750K Sale of Bozeman Property to Gochin Approved
---------------------------------------------------------------
Judge Benjamin P. Hursh of the U.S. Bankruptcy Court for the
District of Montana authorized Bruce D. Muller and Helene Q. Muller
to sell the real property located at 319 S. Willson, Bozeman,
Montana to Jennifer R. Gochin for $750,000.

The sale is free and clear of liens.

The sale proceeds will be used to satisfy (i) costs of closing,
(ii) past-due and prorated property taxes, (iii) real estate
commission owed to realtor Lisa Prugh as approved by the Court
after an application for compensation of such professional has been
filed and approved, and (iv) the secured claim of Deutsche Bank
National Trust Co. as Trustee for Residential Asset Securitization
Trust Series 2006-AG Mortgage Pass Through Certificates Series
2006-F(Claim #4-2).

Notwithstanding Bankruptcy Rules 6004(g), and to any extent
necessary under Bankruptcy rule 9014 and Rule 54(b) of the Federal
Rules of Civil Procedure, and made applicable by Bankruptcy Rule
7054, the Court expressly finds that there is no just reason for
delay in the implementation of the Order.

Bruce D. Muller and Helene Q. Muller sought Chapter 11 protection
(Bankr. D. Mont. Case No. 13-61338) on Oct. 7, 2013.  The
Reorganized Debtors' chapter 11 plan was confirmed on May 6, 2014.


BUANNO TRANSPORT: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------------
The Office of the U.S. Trustee on May 21 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Buanno Transport Company, Inc.

                  About Buanno Transport Company

Buanno Transport Company, Inc., d/b/a BTA, is a privately-held
trucking company in Fultonville, New York. BTA filed a Chapter 11
petition (Bankr. N.D.N.Y. Case No. 18-60283), on March 7, 2018.  In
the petition signed by Peter Buanno, president, the Debtor $100,000
to $500,000 in assets and $1 million to $10 million in estimated
liabilities.  The case is assigned to Judge Diane Davis.  The
Debtor tapped Stephen J. Waite, Esq., at Waite & Associates, P.C.,
as its legal counsel.


BURGESS SERVICES: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Burgess Services, LLC as of May 21,
according to a court docket.

Burgess is represented by:

     Steven L. Lefkovitz, Esq.
     Lefkovitz & Lefkovitz  
     618 Church St., Suite 410
     Nashville, TN 37219
     Phone: 615-256-8300
     Email: slefkovitz@lefkovitz.com

                    About Burgess Services LLC

Burgess Services, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Tenn. Case No. 18-02486) on April 12,
2018.  

In the petition signed by John John Burgess, chief manager, the
Debtor disclosed that it had estimated assets of less than $500,000
and liabilities of less than $500,000.  The Debtor tapped Lefkovitz
& Lefkovitz as its legal counsel.


CAPITAL L. CORP: $1-Mil. Sale of Page Road Property Approved
------------------------------------------------------------
Judge Alan M. Koschik of the U.S. Bankruptcy Court for the Northern
District of Ohio authorized Capital L. Corp.'s sale of the real
property located at 1340 Page Road, Aurora in Portage County, Ohio,
which includes an office/warehouse building designated as parcel
no. 03-035-00-00-001-014 as well as approximately 3.2 acres
designated as parcel no. 03-041-00-00-001-014, to Michael Ostetrico
and James Scalia for $1,015,000.

The sale is free and clear of all liens, claims, encumbrances and
interests.

The closing deadline of May 15, 2018 set by the Final Order is
extended to May 30, 2018 to allow for the consummation of the
sale.

The Net Proceeds from the sale of the Property after payment of (1)
real estate taxes, (ii) closing costs, (iii) amounts necessary to
pay the statutory fees of the U.S. Trustee, and (iv) carve-out to
be held in escrow in the Brouse McDowell LPA escrow account for
payment of approved professional fees, will be transmitted to the
Prepetition Lenders, in order of priority of interest, by the
Purchaser immediately upon closing the transaction.  

The disbursements of the Net Proceeds are anticipated to be similar
to those set forth in the draft HUD-1.  The actual disbursements of
the Net Proceeds will be set forth in the final HUD-1, which, to
date, has not yet been prepared by the title company.

The Debtor is authorized to assume and/or assign the Leases as set
forth in the Sale Motion.  Further, the Debtor is not in default of
any of the Leases and therefore no cure is required.

Pursuant to Bankruptcy Rule 6004(h), the Court expressly finds that
there is no just reason for delay in the implementation of the
Order, and expressly directs immediate entry of a judgment as set
forth in the Order and directs that the 14-day stay otherwise
applicable to Bankruptcy Rule 6004(h) be waived.

                      About Capital L. Corp.

Capital L. Corp. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ohio Case No. 16-50850) on April 13,
2016.  In the petition signed by Louis Telerico, president, the
Debtor estimated both assets and liabilities in the range of $1
million to $10 million.  The case is assigned to Judge Alan M.
Koschik.

On Aug. 18, 2018, the Court retained CBRE, Inc., as the Debtor's
real estate broker.


CARDTRONICS PLC: S&P Affirms BB Corp. Credit Rating, Outlook Stable
-------------------------------------------------------------------
S&P Global Ratings affirmed its 'BB' corporate credit rating on
Houston-based Cardtronics PLC. The outlook is stable.

S&P said, "At the same time, we affirmed our 'BB' issue-level
rating on the company's unsecured notes. The recovery rating is
'4', indicating our expectation for average recovery (30%-50%;
rounded estimate: 45%) in the event of a payment default.

"We also affirmed our 'BBB-' issue-level rating on the company's
first-lien revolving credit facility. The recovery rating is '1',
indicating our expectation of very high recovery (90%-100%; rounded
estimate: 95%) in the event of a payment default.
In first-quarter 2018, Cardtronics experienced better-than-expected
revenue growth and raised the midpoint of its 2018 adjusted EBITDA
guidance by $5 million. The change does not materially affect our
forecasted credit metrics for Cardtronics. We expect that the loss
of its large 7-Eleven contract and pricing pressures in the U.K.
and Australia will weaken credit metrics in 2018. We expect EBITDA
margins to decline to the low end of the 20% range from the mid-20%
range in 2017 and adjusted leverage to rise to the mid-3x by the
end of 2018 from the high-2x area at the end of 2017. We also
expect free operating cash flow of at least $90 million in 2018.
Longer term, we believe revenue growth headwinds will persist from
declining consumer cash usage as a percentage of consumer spending,
which we believe will weigh on revenue from ATM unit growth.  

"The stable outlook reflects our expectation that, despite lower
revenue and EBITDA in 2018 due to the loss of its largest customer
and market pricing challenges affecting its businesses in Australia
and the U.K., adjusted debt-to-EBITDA will not exceed 4x over the
coming year. The outlook also reflects our expectation that
Cardtronics will return to organic EBITDA growth in 2019 driven by
low-single-digit percentage global cash usage, ATM unit growth, and
stable to expanding EBITDA margins.

"We could lower the rating if persistent market pricing and
regulatory headwinds result in substantial EBITDA decline, or if
debt-funded mergers and acquisitions or shareholder returns add to
debt such that leverage increases to over 4x. We could also lower
the rating if cash usage and ATM unit growth turns negative,
leading to a smaller market.

"An upgrade in 2018 is unlikely as we expect EBITDA decline to
result in leverage sustained above 3x. Longer term, we could
consider a higher rating if the company can penetrate new growth
channels and grow EBITDA at least at the pace of GDP while
sustaining leverage below 3x."


CARMEN RIVERA: $475K Sale of Columbia Property to Gasapos Approved
------------------------------------------------------------------
Judge Nancy V. Alquist of the U.S. Bankruptcy Court for the
District of Maryland authorized Carmen Mercedes Rivera's sale of
the real property located at 6184 Sunny Spring, Columbia, Maryland
to Marvin Gasapos for $474,900.

The sale is in accordance with the terms and conditions set forth
in the Motion.

Upon the closing of the sale of the Property, the Debtor be and is
directed to maintain the net proceeds in her current bank account,
pending further Order of the Court.

Carmen Mercedes Rivera sought Chapter 11 protection (Bankr. D. Md.
Case 14-10124) on Jan. 15, 2014.  The Court confirmed the Debtor's
Amended Plan of Reorganization dated April 7, 2015.



CASCADE ACCEPTANCE: Plan Outline Okayed, Plan Hearing on June 28
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of California
is set to hold a hearing on June 28 to consider approval of the
Chapter 11 plan of liquidation proposed by Cascade Acceptance
Corp.'s official committee of unsecured creditors.

The court had earlier approved the committee's disclosure
statement, allowing it to start soliciting votes from creditors.  

The order, signed by Judge Dennis Montali on May 10, set a June 14
deadline for creditors to file their objections and submit ballots
of acceptance or rejection of the plan.

There are two aspects to the Plan. The first is the transfer of the
Canyons Property to a limited liability company to enable the LLC
to attempt to exploit recoverable oil under the Canyons Property
before selling that property. The second is the continued
liquidation of the Retained Assets (primarily the Marion Note)
through a Plan Administrator and the distribution of Estate cash on
hand not necessary to the further administration of the Estate. The
Plan Administrator also will handle all issues pertaining to
objections to claims.

On the Effective Date, the Debtor by and through the Chapter 11
Trustee will transfer to the LLC all right, title and interest of
the Estate in the Canyons Property (including all improvements,
entitlements, privileges, rights, easements, appurtenances, water
rights, mineral rights and related rights), the Canyons Property
Claims and Defenses and the LLC Reserve.

Based on the Allowed General Unsecured Claims previously filed and
allowed, there are approximately $94.5 million in non-subordinated
general unsecured claims. During the Chapter 7 Case, these
creditors received two distributions in 2013, aggregating an
approximately 15% recovery to each unsecured creditor. After
conversion of the case back to Chapter 11, four additional
non-subordinated general unsecured claims were filed. The Chapter
11 Committee's initial review is that the amount of General
Unsecured Claims will increase by $244,074.10 based on these
claims. However, the Plan reserves all rights to pursue objections
to any of the additional claims. In addition, there are
approximately $16.5 million in general unsecured claims held by
Barney and Carolyn Glaser and Fred Taylor which are subordinated to
other general unsecured claims.

The Proponent anticipates that holders of Allowed General Unsecured
Claims will be paid a pro rata share of the cash currently held by
the Trustee shortly after the Effective Date of the Plan. The
Proponent anticipates this will be an approximately 1%
distribution. The Proponent anticipates that the Effective Date
will be within 30 to 60 days from when the bankruptcy court
approves the Plan. In addition, holders of Allowed General
Unsecured Claims will receive a pro rata share of the LLC
membership interests on the Effective Date of the Plan.

The Operating Agreement contains the rules for the operation and
management of the LLC. The LLC Manager will generally supervise,
direct and control the activities and affairs of the LLC and has
authority to perform any and all acts or activities customary or
incident to the management of the LLC's business, property and
affairs. However, the LLC Manager must, in the case of any action
that is or would be likely to be material to the LLC, notify the
Management Committee in writing of such proposed action at least
five days prior to taking such action. Material actions for which
Management Committee approval is required include, but are not
limited to, (a) any act that would make it impossible to carry on
the ordinary business of the LLC; (b) incurring of any debt not in
the ordinary course of business; (c) a change in the nature of the
principal business of the LLC; (d) any transaction, settlement,
compromise, abandonment or payment within or outside the ordinary
course of business involving an amount that has a net value of more
than $100,000; and (e) the acquisition of any real property by the
LLC.

A full-text copy of the Disclosure Statement dated May 4 is
available at:

     http://bankrupt.com/misc/canb09-13960-1319.pdf

A full-text copy of the Disclosure Statement dated May 10 is
available for free at:

            http://bankrupt.com/misc/canb09-13960-1323.pdf

               About Cascade Acceptance Corporation

Mill Valley, California-based Cascade Acceptance Corporation filed
for Chapter 11 bankruptcy protection (Bankr. N.D. Cal. Case No.
09-13960) on Nov. 23, 2009. At the time of the filing, the Debtor
estimated $50 million to $100 million in assets and debts. Douglas
B. Provencher, Esq., at the Law Offices of Provencher and Flatt,
assisted the Debtor in its restructuring effort.

In February 2010, Cascade Acceptance filed with the Court a
bankruptcy-exit plan that provides for the reorganization of the
Debtor and payment or provision for all of the Debtor's creditors.
The Plan also provides for the disposition of the Debtor's assets.
The Debtor proposed to pay all creditors in full over a period of
six years.  The Debtor failed to obtain confirmation of the Plan
and on July 12, 2010, Judge Alan Jaroslovsky converted the Chapter
11 case to one under Chapter 7 of the Bankruptcy Code.  Timothy W.
Hoffman was appointed Chapter 7 trustee at the time of the
conversion.

Post-conversion, a Chapter 7 creditors committee was appointed by
the Office of the U.S. Trustee.

On Nov. 21, 2017, the case was converted back to a Chapter 11 case.
Timothy Hoffman was appointed Chapter 11 trustee.  The trustee
hired Kornfield, Nyberg, Bendes, Kuhner & Little, P.C. as his legal
counsel, and Bachecki Crom & Co., LLP as his accountant.

On Nov. 22, 2017, the U.S. trustee appointed an official committee
of unsecured creditors.  The committee hired Felderstein Fitzgerald
Willoughby & Pascuzzi LLP as its bankruptcy counsel, Alton Energy,
LLC as its consultant, and Murphy Austin Adams Schoenfeld LLP as
its special counsel.


CASHMAN EQUIPMENT: CEC Selling St. Thomas Condo Unit for $430K
--------------------------------------------------------------
Judge Melvin S. Hoffman of the U.S. Bankruptcy Court for the
District of Massachusetts will convene a hearing on June 5, 2018 at
11:00 a.m. to consider Servicio Marina Superior, LLC's execution of
a member consent that authorizes its wholly-owned subsidiary, CEC
Holdings VI, LLC, to sell a condominium unit located in St. Thomas,
U.S. Virgin Islands, to Doug and Julie Lawrence for $430,000.

The objection deadline is May 31, 2018.

The Debtor owns all of the membership interest in Subsidiary and
the Subsidiary owns the Property.  

The Debtor will give notice to those parties identified in the
Motion by May 16, 2018, and file certificate of service.

                  About Cashman Equipment Corp.

Headquartered in Boston, Massachusetts, Cashman Equipment Corp. --
http://4barges.com/-- was founded in 1995 as a barge rental and
marine contracting company with a fleet of 10 barges, 9 of which
were built in the 1950s and 1960s.  Cashman Equipment and certain
of its affiliates and subsidiaries own, operate, rent, and sell a
fleet of vessels, including inland and ocean barges, marine
accommodation barges, specialized oil spill recovery barges, and
tugs, as well as marine equipment, such as cranes, accommodation
units, and marine pollution skimmers.

Cashman Equipment and certain of its affiliates and subsidiaries,
Cashman Scrap & Salvage, LLC, Servicio Marina Superior, LLC, Mystic
Adventure Sails, LLC, and Cashman Canada, Inc., filed Chapter 11
petitions (Bankr. D. Mass. Lead Case No. 17-12205) on June 9, 2017.
The petitions were signed by James M. Cashman, the Debtors'
president.  Mr. Cashman also commenced his own Chapter 11 case
(Bankr. D. Mass. Case No. 17-12204).  The cases are jointly
administered.

Cashman Equipment estimated its assets and debt at between $100
million and $500 million.

Judge Melvin S. Hoffman presides over the cases.

Harold B. Murphy, Esq., and Michael K. O'Neil, Esq., at Murphy &
King, Professional Corporation, serve as Cashman Equipment, et
al.'s counsel.  Jeffrey D. Sternklar, Esq., at Jeffrey D. Sternklar
LLC, serves as Mr. Cashman's counsel.

An official committee of unsecured creditors has been appointed in
the case and is represented by Michael J. Fencer, Esq., and John T.
Morrier, Esq., at Casner & Edwards, LLP.


CC CARE LLC: Wants Exclusive Plan Filing Deadline Moved to Oct. 15
------------------------------------------------------------------
CC Care, LLC, and each of its affiliates ask the U.S. Bankruptcy
Court for the Northern District of Illinois to extend the exclusive
periods during which only the Debtors can file plans of
reorganization and solicit acceptances of their plans through Oct.
15, 2018, and Dec. 31, 2018, respectively.

A hearing on the Debtors' request will be held on May 24, 2018, at
10:00 a.m.

As reported by the Troubled Company Reporter on Feb. 27, 2018, the
Court previously extended, at the behest of the Debtors, the period
within which the Debtors have the exclusive right to file Plans
through May 31, 2018, and the exclusive period to solicit
acceptances to their plans through July 31, 2018.

The Debtors say that they have been diligently pursuing the
administration of these Chapter 11 cases with a view toward
formulating a prompt exit strategy.  Significantly, since the
filing of the Debtors' Chapter 11 cases, the Debtors have
maintained their business operations during the course of these
Chapter 11 cases, facilitated by a series of court orders
authorizing the use of cash collateral.  Pursuant to the cash
collateral court orders, the secured interests of MidCap, HUD and
Edward Don are adequately protected.

The Debtors have expended great effort, time and resources to
rectifying serious cash flow issues emanating from the failure of
the State of Illinois and the several managed care organizations to
meet their obligations to pay the millions of dollars in Medicaid
Funds and other monies due to the Debtors.  The Debtors have made
significant strides toward resolving these particular cash flow
issues.  However, until fully resolved, it is impossible to
formulate Plans that would be feasible as well as confirmable by
the Court.

The Debtors have started the analysis of potential exit strategies
on a Debtor-by-Debtor basis.  This analysis, which will form the
basis of the Plans, will necessarily extend beyond the existing
Exclusive Periods.

The Debtors assure the Court that the requested extension of the
Exclusive Periods will facilitate the Debtors' efforts in
formulating Plans and successfully resolving these Chapter 11
cases.  The Debtors further assure the Court that the requested
extension is not being made for the improper purpose of causing
unnecessary delay, and the Debtors believe that this request is in
the best interests of the Debtors' estates and their creditors.  

A copy of the Debtors' request is available at:

        http://bankrupt.com/misc/ilnb17-32406-269.pdf

                      About CC Care, LLC

CC Care, LLC, and its affiliates are Delaware limited liability
companies owned by JLM Financial Healthcare, LP, that operate
long-term care facilities that provide nursing, healthcare,
therapeutic and social services to the chronically ill with a
diagnosis of mental illness.

The operating entities own these nursing care facilities:

  Entity     Facility Name/Location
  ------     ----------------------
CC Care   Community Care Center, Chicago, Illinois
BT Care   Bourbonnais Terrace Nursing Home, Bourbonnais, Ill.
CT Care   Crestwood Terrace Nursing Center, Crestwood, Ill.
FT Care   Frankfort Terrace Nursing Center, Frankfort, Ill.
JT Care   Joliet Terrace Nursing Center, Joliet, Illinois
KT Care   Kankakee Terrance Nursing Center, Bourbonnais, Ill.
SV Care   Southview Manor, Chicago, Illinois
TN Care   Terrace Nursing Home, Waukegan, Illinois
WCT Care  West Chicago Terrace Nursing Home, West Chicago, Ill.

On Oct. 30, 2017, Chapter 11 bankruptcy petitions were filed by CC
Care, LLC, doing business as Community Care Center (Bankr. N.D.
Ill. Lead Case No. 17-32406), and BT Bourbonnais Care, LLC, doing
business as Bourbonnais Terrace Nursing Home (Case No. 17-32411),
CT Care, LLC (17-32417), FT Care, LLC (17-32423), JT Care, LLC
(17-32425), KT Care, LLC (17-32427), SV Care, LLC (17-32430), TN
Care, LLC (17-32429), WCT Care, LLC (17-32433), JLM Financial
Healthcare, LP (17-32421).  Patrick Laffey, their manager and
designated representative, signed the petitions.

The cases are jointly administered under Case No. 17-32406 and
assigned to Judge Janet S. Baer.

At the time of filing, CC Care estimated $1 million to $10 million
in assets and liabilities.

The Debtors are represented by Burke Warren Mackay & Serritella
P.C.

On Nov. 27, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.


CHENIERE CORPUS: Moody's Changes Rating Outlook to Positive
-----------------------------------------------------------
Moody's Investors Service affirmed Cheniere Corpus Christi
Holdings, LLC's (CCH) Ba3 senior secured rating and changed the
rating outlook to positive from stable.

RATINGS RATIONALE

Moody's rating action considers the upsizing of CCH's unrated
senior secured credit facility by approximately $1.6 billion to
$6.1 billion from $4.5 billion to fund the expansion of the
liquefied natural gas project from two trains currently to three.
CCH has provided Bechtel Corporation (Bechtel: not rated), the
Engineering, Procurement, and Construction contractor, limited
notice to proceed with Train 3 and the Board of Directors of
Cheniere Energy, Inc. (Cheniere: not rated), the project's parent,
have issued a positive Final Investment Decision.

The project expansion is underpinned by two recently signed sales
and purchase agreements (SPA's) with privately-owned commodities
trading firm Trafigura Group Pte. Ltd (Trafigura: not rated) and
PetroChina Company Ltd. (PetroChina: not rated), a wholly owned and
significant operating subsidiary of China National Petroleum
Corporation (CNPC: A1 , stable). The terms of the SPA's, which are
tied to Train 3, are 12 and 20 years, respectively, and each
provide fixed payments that are payable regardless of whether
liquefied natural gas cargoes are lifted.

Moody's views the project expansion positively from an operational
and financial perspective as it is expected to reduce fixed and
variable operating cost through economies of scale and diversify
the project's contracted revenue stream. Furthermore, the project's
debt-to-capitalization upon completion is now expected to be around
67% as compared to 75% under the original transaction as the
updated financing plan relies heavily on equity from Cheniere and
cash flow from Trains 1 and 2. These positive credit factors are
balanced by the addition of Trafigura as a counterparty, which
slightly weakens the overall credit profile of CCH's customer base,
and a lower contracted portion of capacity for Train 3, which
modestly reduces the overall contracted position of the project to
approximately 80% from more than 90% previously anticipated.

From a financial metric perspective, Moody's views the impact of
the expansion to be credit neutral. Under a Moody's financial
sensitivity that assumed, among other things, 50% facility usage
and full debt amortization over a 20-year period, the average
annual project level debt service coverage ratio (DSCR) and project
cash from operation-to-debt are in a range of 1.3-1.4 times and
10-13%, respectively, over the 2023-2034 timeframe.

The change in outlook to positive reflects the degree of
construction achieved to date which has increased the likelihood
that Trains 1 and 2 will reach completion on-time and on-budget.
Construction of Train 1 and Train 2 is approximately 87% complete
with substantial completion anticipated in the first half of 2019
(Train 1) and the second half of 2019 (Train 2), several months
ahead of the guaranteed completion dates. The current expectation
is that the SPAs for Train 1 and Train 2 will become effective as
early as June 2019 and May 2020, respectively. The positive rating
outlook recognizes the track record of Cheniere and Bechtel in
completing construction ahead of schedule at Sabine Pass
Liquefaction, LLC (Sabine Pass: Baa3, stable), a five train
liquefied natural gas project in Louisiana. While each construction
project has their own unique characteristics, Cheniere's
demonstrated track record successfully managing construction risk
is notable.

The positive outlook further considers the improved financial
position of Cheniere driven by increased commercial activity at
Sabine Pass. Moody's calculates Cheniere's consolidated revenue and
cash flow from operations during the twelve months ended March 31,
2018 at approximately $6.6 billion and $1.4 billion, respectively.
By comparison, consolidated revenues in 2015 were approximately
$270 million and the company's cash flow was significantly in the
red. Moody's analysis of Cheniere's prospective liquidity profile
suggests that the company's internal and external liquidity sources
are ample and should enable the company to satisfy the $1.1 billion
of incremental equity contributions required to complete Trains
1-3.

An upgrade over the next 12 months appears likely should CCH meet
key milestones, including achieving substantial completion of Train
1 and the effectiveness of the related SPAs. Additional upward
ratings movement may be warranted upon achieving substantial
completion for Train 2 and the effectiveness of the related SPAs.

In light of the positive rating outlook at CCH, a negative rating
action at CCH appears unlikely. However, unexpected delays in
construction that cause Bechtel to fail to meet the October 2019
guaranteed completion date for Train 1 could cause a revision of
the outlook to stable.

CCH's senior secured bonds are guaranteed by Corpus Christi
Liquefaction, LLC (CCL), which owns and operates the Corpus Christi
Liquefaction facility and Cheniere Corpus Christi Pipeline, L.P
(CCPL) and Corpus Christi Pipeline GP, LLC (CCP GP), which
collectively owns and operates the Corpus Christi Pipeline.
Substantially all of the assets and equity interests of CCH, CCL,
CCPL and CCP GP have been pledged to bank and bond lenders.



CHENIERE CORPUS: S&P Affirms 'BB-' Rating on Senior Secured Notes
-----------------------------------------------------------------
S&P Global Ratings affirmed its 'BB-' issue-level rating on
Cheniere Corpus Christi Holdings LLC's (CCH) senior secured notes.
The outlook is stable. The recovery rating on the notes is '2',
indicating S&P's expectation of substantial (70%-90%; rounded
estimate: 85%) recovery in the event of a default.

Before accounting for financial counterparty risk, CCH's
construction phase stand-alone credit profile (SACP) is 'bbb-',
reflecting strong technology, solid construction contracting, and a
funding package that S&P expects will facilitate the project's
completion to performance targets within schedule and budget. The
project includes a three-train liquefied natural gas (LNG) facility
on the U.S. Gulf Coast; and Cheniere Corpus Christi Pipeline L.P.,
a 23-mile 48-inch diameter natural gas pipeline and related
infrastructure.

S&P said, "The stable outlook not only mirrors that on CEI but
reflects our view that, over the next 18-24 months, construction
activities will be within our schedule and budget expectations. The
stable outlook on CEI reflects predictable cash flow from the
company's Sabine Pass LNG project, which has four operational
trains and a fifth under construction that is progressing in line
with our budget and schedule expectations.

"Because the corporate credit rating on CEI caps the rating on
CCH's debt, a negative outlook revision on or downgrade to CEI
would result in a similar rating action on CCH's debt. We currently
believe a deterioration of the rating on CEI over the outlook
period is unlikely given the four trains now being fully
operational at CPLIQ. Aside from an adverse movement in our rating
on CEI, a downgrade to CCH would require the construction phase
SACP to fall to 'b+'. Factors that would result in such a decline
would be major delays for completion or major cost overruns such
that available funding does not cover our downside case cost
profile by a substantial margin. With the potential start of
construction of train 3, there is some additional construction
risk, but the company has managed its projects well to date.

"Over the outlook horizon, the only factor that would result in an
upgrade would be a similar rating action on CEI since it caps the
issue rating on CCH's debt. At this time, we believe an improvement
in our rating on CEI over the outlook period is low, although as
cash flow ramps up from CPLIQ, CEI's financial profile should
improve.

"Beyond the outlook period, during construction, once CEI has
provided its equity commitment, we could raise the rating if the
construction phase SACP were at least 'bb'. Later, when the project
is at or near completion such that we have strong confidence in
operational performance, the rating would reflect the operations
phase risk profile. With the execution of the train 3 EPC contract,
the construction period is now longer than previously forecast,
limiting upside rating potential."


CHENIERE ENERGY: Egan-Jones Hikes Sr. Unsecured Debt Ratings to BB
------------------------------------------------------------------
Egan-Jones Ratings Company, on May 18, 2018, upgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by Cheniere Energy, Inc. to BB from BB-.

Cheniere Energy, Inc. is an international energy company
headquartered in Houston, Texas, and is the leading producer of
liquefied natural gas in the United States.


CHESAPEAKE ENERGY: Stockholders Elected 8 Directors
---------------------------------------------------
At Chesapeake Energy Corporation's Annual Meeting, the shareholders
elected each of Gloria R. Boyland, Luke R. Corbett, Archie W.
Dunham, Leslie Starr Keating, Robert D. ("Doug") Lawler, Brad R.
Martin, Merrill A. ("Pete") Miller and Thomas L. Ryan
as a director of the Company until the next annual meeting of
shareholders and until his or her successors are duly elected and
qualified.

The shareholders did not approve the advisory resolution regarding
the executive compensation of the Company's named executive
officers.

The shareholders approved the proposal to ratify the appointment of
PricewaterhouseCoopers LLP as the Company's independent registered
public accounting firm.

No vote was reported for the proposal relating to Lobbying
Activities and Expenditures Report because the proposal was
withdrawn by the shareholder proponent and its designee at the
Annual Meeting.

No vote was reported for the proposal relating to 2 Degrees Celsius
Scenario Assessment Report because the proposal was withdrawn by
the shareholder proponent and its designee at the Annual Meeting.

The management of Chesapeake Energy presented at the TPH Hotter 'N
Hell Energy Conference on May 16, 2018.  A slide presentation of
materials to be presented at the conference will be accessible via
the Investor Presentations section of the Company's website:
http://www.chk.com/investors/presentations.

                    About Chesapeake Energy

Based in Oklahoma City, Chesapeake Energy Corporation's (NYSE:CHK)
-- http://www.chk.com/-- is an independent exploration and
production company engaged in the acquisition, exploration and
development of properties for the production of oil, natural gas
and NGLs from underground reservoirs.  Chesapeake owns a large and
geographically diverse portfolio of onshore U.S. unconventional
natural gas and liquids assets, including interests in
approximately 17,300 oil and natural gas wells.  The Company has
leading positions in the liquids-rich resource plays of the Eagle
Ford Shale in South Texas, the Anadarko Basin in northwestern
Oklahoma and the stacked pay in the Powder River Basin in Wyoming.
Its natural gas resource plays are the Marcellus Shale in the
northern Appalachian Basin in Pennsylvania, the Haynesville/Bossier
Shales in northwestern Louisiana and East Texas and the Utica Shale
in Ohio.

Chesapeake reported net income attributable to the Company of $949
million for the year ended Dec. 31, 2017, following a net loss
attributable to the Company of $4.39 billion for the year ended
Dec. 31, 2016.

As of March 31, 2018, Chesapeake had $12.08 billion in total
assets, $12.18 billion in total current and long-term liabilities
and a total deficit of $97 million.

                          *    *    *

Chesapeake Energy carries a 'Caa1' corporate family rating from
Moody's Investors Service.  Moody's said Chesapeake's 'Caa1' CFR
incorporates its improving but modest cash flow generation at
Moody's commodity price estimates relative to the company's high
debt levels, as reported by the TCR on May 25, 2017.


CITY HOME CARE: Wants 30-Day Extension of Plan Filing Deadline
--------------------------------------------------------------
City Home Care, LLC, asks the U.S. Bankruptcy Court for the
Northern District of Mississippi to extend by 30 days the deadline
for the Debtor to file a plan of reorganization and disclosure
statement as well as the Debtor's exclusivity period.

The Debtor has engaged in extensive study of its reorganizational
potential, cash flow information and the determination of the
treatment of the claims of the Internal Revenue Service.  As a
result of these ongoing reviews, the Debtor has preliminarily
formulated a plan of reorganization and a disclosure statement, but
they are not in final form.

The Debtor assures the Court that it does not seek this extension
for purposes of delay, but rather, to allow the Debtor an
opportunity to fully formulate and file its proposed Plan and
Disclosure Statement.

A copy of the Debtor's request is available at:

           http://bankrupt.com/misc/msnb17-14302-37.pdf

                     About City Home Care LLC

City Home Care, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Miss. Case No. 17-14302) on Nov. 10,
2017.  In the petition signed by Cherryl Jones, its managing
member, the Debtor estimated assets of less than $50,000 and
liabilities of less than $500,000.  Judge Jason D. Woodard presides
over the case.  James W. Amos, Esq., who has an office in Hernando,
Mississippi, serves as the Debtor's bankruptcy counsel.


COTTER TOWER: Judge Signs Fifth Interim Cash Collateral Order
-------------------------------------------------------------
The Hon. Craig A. Gargotta of the U.S. Bankruptcy Court for the
Western District of Texas, has signed a fifth interim order
authorizing Cotter Tower-Oklahoma, L.P. to continue using cash
collateral to pay ordinary and necessary operating and other
expenses pending a final hearing for the purposes contained in the
budget.

The Court will conduct a final hearing on the Cash Collateral
Motion on June 6, 2018, at 9:00 a.m.

Cotter Tower may exceed any line item on the budget by the greater
of 10% or $5,000 so long as it does not exceed the total allowance
for cash collateral for the month by more than 5%.

The Court granted all parties with an interest in cash collateral
with replacement lien to the same extent, priority and validity as
their prepetition liens.

Cotter Tower has agreed to continue to provide adequate protection
to Bank SNB, the lender holding a security interest in the cash
collateral, by remitting to Bank SNB, on or before the 5th business
day of each month, an amount equaling the product of $2,253.18
times the number of calendar days in the then-current month. Bank
SNB will be authorized to withdraw such Adequate Protection
Payment(s) directly from the Cotter Tower's DIP account maintained
with Bank SNB.

Bank SNB will be permitted to retain qualified property inspectors
or engineers to prepare a property condition report and/or a
qualified appraiser to prepare an appraisal for Bank SNB, and
Cotter Tower and its representatives will furnish such information
as might be needed for the preparation of such reports.

With respect to capital expenditures referenced in the attached
budget, to include HVAC and plumbing repairs, elevator repairs, and
other capital expenditures (defined as one or a related set of
repairs totaling over $25,000), the following procedure will govern
the use of Bank SNB's cash collateral for such expenditures:

     (1) Cotter Tower will give Bank SNB notice of the proposed
repair and time frame (with respect to matters not yet contracted
for);

     (2) Upon completion of the repair or a defined segment of the
repair for which an invoice would be presented for payment, Cotter
Tower will notify Bank SNB with a copy of the proposed invoice;

     (3) Bank SNB will have three business days from receipt of the
notice to inspect through an agent;

     (4) if the work is properly completed, Bank SNB will authorize
payment; if the work is not properly completed in the opinion of
Bank SNB, Bank SNB will notify Cotter Tower of the concerns, which
Cotter Tower will address and the return to step 2 above.

A full-text copy of the Fifth Interim Order is available at

          http://bankrupt.com/misc/txwb17-52844-59.pdf

                  About Cotter Tower-Oklahoma

Cotter Tower - Oklahoma, L.P., owns the Cotter Ranch Tower located
at 100 N. Broadway Ave., in Oklahoma City, Oklahoma.  Cotter Ranch
Tower, also known as Chase Tower, is a 36-story glass tower,
located in the heart of the Central Business District.  The Tower
features an underground concourse system which connects to majority
of Central Business District, private covered and adjoining public
parking, card key access and elevator security codes, renovated
lobby and newly updated common areas.

Cotter Tower - Oklahoma, L.P., which is based in San Antonio,
Texas, filed a Chapter 11 petition (Bankr. W.D. Tex. Case No.
17-52844) on Dec. 12, 2017.

In its petition, the Debtor estimated $10 million to $50 million in
both assets and liabilities.  The petition was signed by Marcus P.
Rogers, as independent administrator for the estate of James F.
Cotter, acting as president on behalf of Cotter Ranch Tower, LLC,
general partner, acting on behalf of and authorized representative
for the Debtor.

The Hon. Craig A. Gargotta presides over the case.

The Law Office of H. Anthony Hervol serves as bankruptcy counsel to
the Debtor.


DELEN RESOURCES: U.S. Trustee Unable to Appoint Committee
---------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Delen Resources, LLC, as of May 10, 2018,
according to the court docket.

                  About Delen Resources, LLC

Delen Resources LLC, a privately held company, is an oil & gas
exploration, development, and production company located in
Madisonville, Kentucky. Delen currently holds and is operating 3
leases.

Delen Resources, LLC, based in Madisonville, KY, filed a Chapter 11
petition (Bankr. W.D. Ky. Case No. 18-40279) on April 4, 2018.  The
Hon. Thomas H. Fulton presides over the case. Russ Wilkey, Esq., at
Wilkey & Wilson, P.S.C., serves as bankruptcy counsel.

In its petition, the Debtor estimated $10 million to $50 million in
assets and $1 million to $10 million in liabilities.  The petition
was signed by Daniel Williams, managing member.


DETROIT CITY, MI: Moody's Ups Issuer Rating to Ba3, Outlook Stable
------------------------------------------------------------------
Moody's Investors Service has upgraded the City of Detroit, MI's
issuer rating to Ba3 from B1. Concurrently, Moody's has revised the
outlook to stable from positive in light of the upgrade. This
issuer rating is equivalent to the general obligation unlimited tax
(GOULT) rating Moody's would assign to GOULT debt of the issuer,
but does not apply to any of the city's $1.9 billion of debt
outstanding.

RATINGS RATIONALE

The upgrade to Ba3 reflects further improvement in the city's
financial reserves, which has facilitated implementation of a
pension funding strategy that will lessen the budgetary impact of a
future spike in required contributions. The upgrade also considers
ongoing economic recovery that is starting to show real dividends
to tax collections. Also incorporated in the Ba3 rating is the
city's high leverage, a very weak socioeconomic profile and the
volatile nature of local taxes.

RATING OUTLOOK

The stable outlook is based on the city's strong preparation for
challenges ahead including the need to make capital investments and
absorb pending spikes to fixed costs. Underperformance of pension
assets and revenue volatility remain notable budgetary risks, but
the city has amassed a large reserve cushion and adopted
conservative budgetary assumptions that provide breathing room to
respond to adverse developments. The stable outlook also reflects
constraints to further upward movement given the weight of a high
overall debt burden and significant outstanding capital needs on
the tax base including those of Detroit Public Schools (B2 stable),
an entity legally separate from the city.

FACTORS THAT COULD LEAD TO AN UPGRADE

   - Further growth in reserves that provides additional buffer
against an economic downturn and revenue volatility

  - Clearly demonstrated change in demographic patterns that
propels income growth, reduced poverty and employment
diversification

  - Steady tax base growth that generates greater capacity to fund
capital investments of either the city or school district

FACTORS THAT COULD LEAD TO A DOWNGRADE

  - A slowed or stalled economic recovery that leads to significant
revenue contraction

  - Spending of financial reserves that leaves fund balance
inadequate for challenges ahead

  - Growth in the city's debt or pension burden, fixed costs, or
capital needs

LEGAL SECURITY

The issuer rating is based on Detroit's full faith and credit
general obligation tax pledge.

PROFILE

Detroit's current estimated population (American Community Survey)
of 683,443 makes it the 23rd largest city in the US and by far the
largest city in the State of Michigan (Aa1 stable). The city
emerged from bankruptcy in 2014.


DPW HOLDINGS: Delays March 31 Quarterly Report for Review
---------------------------------------------------------
DPW Holdings, Inc. filed a Form 12b-25 with the Securities and
Exchange Commission notifying that it will be delayed in filing its
Quarterly Report on Form 10-Q for the period ended March 31, 2018.

The Company said the compilation, dissemination and review of the
information required to be presented in the Form 10-Q for the
fiscal year ended March 31, 2018 has imposed requirements that have
rendered timely filing of the Form 10-Q impracticable without undue
hardship and expense to it.

The Company's revenue increased to approximately $5,100,000 for the
period ended March 31, 2018, representing an increase of $3,472,000
compared to approximately $1,628,000 for the period ended March 31,
2017.  The Company's net loss increased to approximately $6,100,000
for the period ended March 31, 2018, representing an increase of
$5,106,000 compared to approximately $994,000 for the period ended
March 31, 2017.  Included in the net loss for the period ended
March 31, 2018 is approximately $4,415,000 in non-cash charges from
stock-based compensation and non-cash interest expense from the
amortization of debt discount and debt financing costs.

                      About DPW Holdings

Headquartered in Fremont, California, DPW Holdings, Inc.,  formerly
known as Digital Power Corp. -- http://www.DPWHoldings.com/-- is a
diversified holding company that, through its wholly owned
subsidiary, Coolisys Technologies, Inc., is dedicated to providing
technology-based solutions where innovation is the main driver for
mission-critical applications and lifesaving services.  Coolisys'
growth strategy targets core markets that are characterized by
"high barriers to entry" and include specialized products and
services not likely to be commoditized.  Coolisys through its
portfolio companies develops and manufactures cutting-edge resonant
switching power topologies, specialized complex high-frequency
radio frequency (RF) and microwave detector-log video amplifiers,
very high-frequency filters and naval power conversion and
distribution equipment.  Coolisys services the defense, aerospace,
medical and industrial sectors and manages four entities including
Digital Power Corporation, www.DigiPwr.com, a leading manufacturer
based in Northern California, 1-877-634-0982; Digital Power Limited
dba Gresham Power Ltd., www.GreshamPower.com, a manufacturer based
in Salisbury, UK.; Microphase Corporation, www.MicroPhase.com with
its headquarters in Shelton, CT 1- 203-866-8000; and Power-Plus
Technical Distributors, www.Power-Plus.com, a wholesale distributor
based in Sonora, CA 1-800-963-0066.  Coolisys operate s the branded
division, Super Crypto Power, www.SuperCryptoPower.com.

DPW Holdings incurred a net loss of $10.89 million in 2017
following a net loss of $1.12 million in 2016.  As of Dec. 31,
2017, DPW Holdings had $30.51 million in total assets, $11.72
million in total liabilities and $18.79 million in total
stockholders' equity.

The report from the Company's independent accounting firm Marcum
LLP, in New York, on the consolidated financial statements for the
year ended Dec. 31, 2017, includes an explanatory paragraph stating
that the Company has a significant working capital deficiency, has
incurred significant losses and needs to raise additional funds to
meet its obligations and sustain its operations.  These conditions
raise substantial doubt about the Company's ability to continue as
a going concern.


DPW HOLDINGS: Will Raise $6 Million From Sale of Class A Shares
---------------------------------------------------------------
DPW Holdings, Inc. entered into securities purchase agreements with
certain investors on May 15, 2018 for the sale and issuance of up
to $6,000,000 in consideration of which it issued an aggregate of
7,691,775 shares of the Company's Class A common stock, and
five-year warrants to purchase such number of shares of Common
Stock equal to the Shares purchased by the Investors.  Each
Investor will receive such number of Shares equal to such
Investor's subscription amount divided by $0.78 (the "Per Share
Purchase Price").  In addition, pursuant to the terms of the
Agreement, an Investor may elect, in lieu of cash consideration, to
surrender promissory notes issued to them by the Company as
consideration for the Shares and Warrant Shares.

The Shares, the Warrants and the Warrant Shares are issuable
pursuant to the Company's registration statement filed with the
Securities and Exchange Commission (File No. 333-222132) which
became effective on Jan. 11, 2018.

Subject to the terms and conditions set forth in the Agreement, the
total number of Shares and Warrant Shares issued and issuable on
the date of the closing pursuant to the Agreement, and all other
documents or agreements executed in connection with the
transactions contemplated thereunder, did not exceed 19.99% of the
Company's outstanding shares of Common Stock as of the date of the
Agreement.

In accordance with the Agreement, no later than the fifth Trading
Day following the Closing Date, the Company intends to continue to
issue shares of Common Stock pursuant to the Company's
at-the-market equity distribution agreement with H.C. Wainwright &
Co., LLC provided that the gross sales price made pursuant to the
ATM is at or above 110% of the Per Share Purchase Price.

                    Description of the Warrants

The Warrants entitle the holders to purchase shares of the
Company's common stock for a period of five years subject to
certain beneficial ownership limitations.  The Warrants consist of
Series A Warrants and Series B Warrants.  The Series A Warrants
entitle the holders to purchase an aggregate of 1,922,944 Warrant
Shares and are immediately exercisable.  The Series B Warrants
entitle the holders to purchase an aggregate of 5,768,831 Warrant
Shares and are exercisable six months from the Closing Date.  The
Warrants have an exercise price of $0.94 per share, subject to
adjustment for customary stock splits, stock dividends,
combinations or similar events.  The Warrants may be exercised on a
cashless basis if at the applicable time the Warrant Shares have
not been registered under the Securities Act of 1933, as amended.

                       About DPW Holdings

Headquartered in Fremont, California, DPW Holdings, Inc.,  formerly
known as Digital Power Corp. -- http://www.DPWHoldings.com/-- is a
diversified holding company that, through its wholly owned
subsidiary, Coolisys Technologies, Inc., is dedicated to providing
technology-based solutions where innovation is the main driver for
mission-critical applications and lifesaving services.  Coolisys'
growth strategy targets core markets that are characterized by
"high barriers to entry" and include specialized products and
services not likely to be commoditized.  Coolisys through its
portfolio companies develops and manufactures cutting-edge resonant
switching power topologies, specialized complex high-frequency
radio frequency (RF) and microwave detector-log video amplifiers,
very high-frequency filters and naval power conversion and
distribution equipment.  Coolisys services the defense, aerospace,
medical and industrial sectors and manages four entities including
Digital Power Corporation, www.DigiPwr.com, a leading manufacturer
based in Northern California, 1-877-634-0982; Digital Power Limited
dba Gresham Power Ltd., www.GreshamPower.com, a manufacturer based
in Salisbury, UK.; Microphase Corporation, www.MicroPhase.com with
its headquarters in Shelton, CT 1- 203-866-8000; and Power-Plus
Technical Distributors, www.Power-Plus.com, a wholesale distributor
based in Sonora, CA 1-800-963-0066.  Coolisys operate s the branded
division, Super Crypto Power, www.SuperCryptoPower.com.

DPW Holdings incurred a net loss of $10.89 million in 2017
following a net loss of $1.12 million in 2016.  As of Dec. 31,
2017, DPW Holdings had $30.51 million in total assets, $11.72
million in total liabilities and $18.79 million in total
stockholders' equity.

The report from the Company's independent accounting firm Marcum
LLP, in New York, on the consolidated financial statements for the
year ended Dec. 31, 2017, includes an explanatory paragraph stating
that the Company has a significant working capital deficiency, has
incurred significant losses and needs to raise additional funds to
meet its obligations and sustain its operations.  These conditions
raise substantial doubt about the Company's ability to continue as
a going concern.


DPW HOLDINGS: Will Raise $6 Million in Debt Financing
-----------------------------------------------------
DPW Holdings, Inc. entered into a securities purchase agreement
with an institutional investor on May 15, 2018 providing for the
issuance of (i) a Senior Secured Convertible Promissory Note with a
principal face amount of $6,000,000, which Convertible Note is,
subject to certain conditions, convertible into 8,000,000 shares of
Class A common stock of the Company at $0.75 per share; (ii) a
five-year warrant to purchase 1,111,111 shares of Common Stock at
an exercise price of $1.35; (iii) a five-year warrant to purchase
1,724,138 shares of Common Stock at an exercise price of $0.87 per
share; and (iv) 344,828 shares of Common Stock.  The Warrant Shares
and the Commitment Shares will be registered under the Securities
Act of 1933, as amended pursuant to the Company's currently
effective registration statement on Form S-3 (File No. 333-222132).
Pursuant to a registration rights agreement entered into with the
Investor on the Closing Date, the Company agreed to file a
registration statement on Form S-3 to register the Note and the
Conversion Shares within 21 days  of the Closing Date.  The Note
will not be convertible, and neither the Warrants nor the
Commitment Shares will be issued to the Investor, until the Company
will have obtained approval of the NYSE American for the foregoing
transactions.  Pursuant to the SPA and if required by the NYSE
American, the Company agreed to file a proxy statement to obtain
stockholder approval for the foregoing transactions.

Pursuant to the SPA, the Company and certain of its subsidiaries
and the Investor entered into a security agreement, pursuant to
which the Company and its Subsidiaries granted to the Investor a
security interest in, among other items, the Company's and the
Subsidiaries' accounts, chattel paper, documents, equipment,
general intangibles, instruments and inventory, and all proceeds,
as set forth in the Security Agreement.  Super Crypto Mining, Inc.,
a Delaware corporation and wholly owned subsidiary of the Company,
was granted a springing security interest in accordance with a
separate security and pledge agreement.  In addition, pursuant to
an intellectual property security agreement, the Company granted to
the Investor a continuing security interest in all of the Company's
right, title and interest in, to and under certain trademarks,
copyrights and patents of the Company.  In addition, certain
subsidiaries of the Company jointly and severally agreed to
guarantee and act as surety for the Company's obligation to repay
the Convertible Note pursuant to a Subsidiary Guarantee.

As a condition to closing of the SPA, Milton C. Ault III, the
Company's chief executive officer and control person of Philou
Ventures, LLC, its largest stockholder, has entered into a lock-up
agreement pursuant to which neither Mr. Ault nor any entity
controlled by him will offer, sell, transfer or otherwise dispose
of any Common Stock or similar securities, or exercise any right
with respect to the registration thereof, until the date on which
the Convertible Note is no longer outstanding, subject to the
conditions set forth in the Lock-Up Agreement.

In connection with the financing, pursuant to an engagement
agreement between the Company and Alliance Global Partners, a
licensed broker-dealer with FINRA, the Company has agreed to pay to
AGP a cash fee, or placement agent fee, equal to 5% of the
aggregate gross proceeds raised.  Such fee will be payable at the
closing of the offering.  In addition, AGP will receive a cash fee
equal to 5% of such cash exercise price proceeds received by the
Company, payable within 48 hours of the receipt by the Company of
any cash exercise price proceeds from the exercise of any warrants
sold, provided that no such fee is due and payable hereunder in the
event the warrants are not exercised for cash.  AGP is also
entitled to receive, subject to approval of the NYSE American, a
warrant to purchase 150,000 shares of Common Stock with an exercise
price of $1.00, which warrant will be exercisable for 5-years via
cashless exercise until registered and via cash thereafter.

    Description Senior Secured Convertible Promissory Note

The Convertible Note has a principal face amount of $6,000,000 and
bears interest at 10% per annum, with 50% of the total interest due
on the principal payable at the closing and the remaining 50%
payable as Amortization Payments.  The Company will make
amortization payments in cash to the Investor for a period of 26
weeks in 13 equal payments every 2 weeks until the Convertible Note
is satisfied in full.  The Convertible Note is convertible into
common stock at $0.75 per share, subject to adjustment, but may
only be converted if the Company if an event of default thereunder
has occurred and not been cured on a timely basis.  The conversion
price of the Convertible Note is subject to adjustment for
customary stock splits, stock dividends, combinations or similar
events.  The Convertible Note contains standard and customary
events of default including, but not limited to, failure to make
payments when due under the Convertible Note, failure to comply
with certain covenants contained in the Convertible Note, or
bankruptcy or insolvency of the Company.  The Company may prepay
the full outstanding principal and accrued and unpaid interest at
any time without penalty.

During the term of the Convertible Note, in the event that the
Company consummates any single public or private offering or other
financing in which the Company receives gross proceeds of at least
$5,000,000, the Company shall, subject to certain conditions make
payment to the Investor an amount in cash equal to twenty percent
(20%) of the then outstanding principal amount of the Convertible
Note.

                   Description of the Warrants

The Warrants entitle the holders to purchase shares of the
Company's common stock for a period of five years subject to
certain beneficial ownership limitations.  The Warrants are
exercisable immediately commencing on the issuance date.  The
Series A Warrants have an exercise price of $1.35 per share and the
Series B Warrants have an exercise price of $0.87 per share.  The
exercise prices are subject to adjustment for customary stock
splits, stock dividends, combinations or similar events.  The
Warrants may be exercised on a cashless basis prior to registration
of the underlying common stock and for cash subsequent to
registration.

                      About DPW Holdings

Headquartered in Fremont, California, DPW Holdings, Inc.,  formerly
known as Digital Power Corp. -- http://www.DPWHoldings.com/-- is a
diversified holding company that, through its wholly owned
subsidiary, Coolisys Technologies, Inc., is dedicated to providing
technology-based solutions where innovation is the main driver for
mission-critical applications and lifesaving services.  Coolisys'
growth strategy targets core markets that are characterized by
"high barriers to entry" and include specialized products and
services not likely to be commoditized.  Coolisys through its
portfolio companies develops and manufactures cutting-edge resonant
switching power topologies, specialized complex high-frequency
radio frequency (RF) and microwave detector-log video amplifiers,
very high-frequency filters and naval power conversion and
distribution equipment.  Coolisys services the defense, aerospace,
medical and industrial sectors and manages four entities including
Digital Power Corporation, www.DigiPwr.com, a leading manufacturer
based in Northern California, 1-877-634-0982; Digital Power Limited
dba Gresham Power Ltd., www.GreshamPower.com, a manufacturer based
in Salisbury, UK.; Microphase Corporation, www.MicroPhase.com with
its headquarters in Shelton, CT 1- 203-866-8000; and Power-Plus
Technical Distributors, www.Power-Plus.com, a wholesale distributor
based in Sonora, CA 1-800-963-0066.  Coolisys operate s the branded
division, Super Crypto Power, www.SuperCryptoPower.com.

DPW Holdings incurred a net loss of $10.89 million in 2017
following a net loss of $1.12 million in 2016.  As of Dec. 31,
2017, DPW Holdings had $30.51 million in total assets, $11.72
million in total liabilities and $18.79 million in total
stockholders' equity.

The report from the Company's independent accounting firm Marcum
LLP, in New York, on the consolidated financial statements for the
year ended Dec. 31, 2017, includes an explanatory paragraph stating
that the Company has a significant working capital deficiency, has
incurred significant losses and needs to raise additional funds to
meet its obligations and sustain its operations.  These conditions
raise substantial doubt about the Company's ability to continue as
a going concern.


EMPIRE GENERATING: Moody's Cuts Senior Credit Facilities to Caa3
----------------------------------------------------------------
Moody's Investors Service has downgraded Empire Generating Co,
LLC's senior secured credit facilities to Caa3 from Caa2 which
consist of an outstanding $303 million 7-year senior secured Term
Loan B due March 2021, a $30 million 7-year Term Loan C (used to
fund the debt service reserve account and L/Cs) due March 2021 and
a $20 million 5-year Revolving Credit Facility due March 2019.
Empire's rating outlook remains negative.

RATINGS RATIONALE

The rating downgrade Caa3 from Caa2 to reflects the higher default
probability owing to the recently executed forbearance agreement
with its lenders following the second technical default in the
third and fourth quarters of 2017. While equity cures of $3.4 and
$2.5 million respectively, were provided to address the technical
defaults, Empire reached the maximum number of cures permitted
within any rolling twelve month period under the credit agreement.
Earlier this month, Empire and the lenders entered into a
forbearance agreement that is in effect until July 31, 2018, and
prevents lenders from exercising any rights and remedies under the
credit agreement arising from the financial covenant default in the
fourth quarter of 2017. As part of the forbearance agreement, in
the event there is another technical default in the first quarter
of 2018, which Moody's believes is likely, Empire's sponsors can
provide an equity contribution which will not be deemed an equity
cure per the forbearance agreement, effectively extending the date
of the forbearance agreement through August 31, 2018. The entry
into a forbearance agreement is viewed as a collaboration among the
parties to provide some necessary time for a long-term capital
structure solution to be put in place by the sponsors, that may
include a distressed exchange transaction.

The rating action also considers the expectation of continued weak
financial performance in 2018, similar to that of FY 2017. Capacity
prices so far this year have been half the prices observed in the
same period in the prior year, and although there was a significant
increase in energy prices during the December 2017 - January 2018
period, Empire was not able to measurably benefit given a similar
proportionate increase in natural gas prices at the same time.
Further, the State of New York's ongoing plans to increase
renewables by 50% by 2030 including a recent announcement
concerning the awarding of $1.4 billion in renewable energy
projects is an additional negative factor for Empire's medium term
profile as most projects awarded are located in upstate NY, adding
capacity to an overbuilt market and further placing downward
pressure on energy prices.

For FY 2017, the project generated $14.9 million of EBITDA, well
below expectations and lower than the project's ongoing interest
payments of over $20 million per year. While 2017 was a weak year
financially, 2017 performance does indicate that the current
capital structure is unsustainable leading to the need for lower
leverage levels at Empire. In the absence of a sizeable voluntary
capital infusion from the sponsors as part of a debt restructuring,
a distressed exchange transaction appears to be a likely
alternative. Moody's notes that the level of historical support
provided by the sponsors remains a positive consideration to the
credit profile, but it acknowledges the uncertainty as to whether
such support would continue to be provided in light of the
difficult operating environment.

The negative outlook reflects the increased default probability and
possibility of medium range recovery prospects in light of the
longer-term need to address the project's capital structure on a
sustained basis as the project operates under its forbearance
agreement for the next few months. The negative outlook also
acknowledges the upcoming need to extend the $20 million working
capital facility, which expires in March 2019, which if not renewed
would materially narrow the project's liquidity. The negative
outlook further incorporates the prolonged delay in the
construction of the Constitution Pipeline which limits any
potential improvement in Empire's competitive position and
financial performance.

FACTORS THAT COULD LEAD TO A DOWNGRADE

The rating could be downgraded if there are severe operating issues
further impacting the project's cash flow generation ability, if in
the absence of a long-term capital structure solution, the terms of
the current forbearance agreement are not extended, or if a
distressed exchange is announced where the loss given default for
lenders exceeds 35%.

FACTORS THAT COULD LEAD TO AN UPGRADE

The rating is unlikely to be upgraded given the negative outlook.
The outlook could stabilize or the rating be upgraded in the event
the longer-term solution to deal with the project's unsustainable
and highly levered capital structure includes a significant capital
contribution used for permanent debt reduction and the working
capital facility is extended.

Empire is the owner of a 635 net megawatt combined cycle, natural
gas-fired power plant in Rensselaer, New York that began commercial
operations in September 2010. In March 2017, TTK Power, LLC (TTK)
purchased the project from Energy Capital Partners, who in 2007,
purchased the project from Besicorp-Empire Development Company. TTK
is a consortium owned 50% by Tyr Energy, Inc. (not rated), 25% by
Kansai Electric Power Company, Incorporated (A3 stable), and 25% by
Tokyo Gas Co., Ltd. (Aa3 stable). Tyr Energy is 100% owned by
ITOCHU Corporation (A3 stable).

Since the change in ownership, operating and maintenance (O&M)
services have been transferred to NAES, a 100% owned subsidiary of
ITOCHU with significant and proven power plant O&M experience.
Asset management services are provided by Tyr Energy, LLC.

The Empire plant is a highly efficient GE 7FA natural gas-fired
combined cycle (CCGT) facility, and one of the newest CCGT in Rest
of State (ROS) New York with an excellent operational track record.
The facility is located 150 miles north of New York City in
Rensselaer, NY and dispatches into New York Independent System
Operator (NYISO) Zone F.


ENDO SURGICAL: Needs Time to Negotiate With Buyers for Buildings
----------------------------------------------------------------
Endo Surgical Center of North Jersey, P.C., and William J. Focazio,
MD, P.A., ask the U.S. Bankruptcy Court for the District of New
Jersey to extend the exclusive periods during which only the
Debtors can file a plan of reorganization and solicit acceptances
of the plan through and including Aug. 12, 2018, and Oct. 11, 2018,
respectively.

A hearing on the Debtor's request is set for on May 30, 2018, at
10:00 a.m.

The exclusive period for the Debtors to file a plan of
reorganization presently expires on May 14, 2018.  Pursuant to the
U.S. Bankruptcy Code Sections 1121(d)(1) and (2), the Court may for
cause increase the Debtor's 120-day exclusivity period, provided
that the 120-day period not be extended beyond a date that is 18
months after the petition date.

Although the Debtors have made progress in connection with their
reorganization efforts, additional time is required to prepare and
finalize a plan of reorganization.  

In the instant case, the Debtors are working on a potential plan of
reorganization.

On April 6, 2018, the Debtors filed a motion seeking approval of a
settlement.  On May 3, 2018, the Court entered an order approving
Settlement.  The Debtors are also pursing possible offers of
interest to purchase the buildings and buy into the medical
practice.

The Debtors intend to use any additional time to take a breathing
spell, complete their due diligence efforts, finalize negotiations
with prospective purchasers and subsequently submit a viable, good
faith plan of reorganization.  Through this process, the Debtors
will seek a result that will be fair, equitable, and transparent to
all of its creditors.

A copy of the Debtor's request is available at:

             http://bankrupt.com/misc/njb18-10752-127.pdf

                  About Endo Surgical Center of
                        North Jersey, P.C.

Headquartered in Clifton, New Jersey, William Focazio, MD, PA, 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.

William Focazio, MD, PA, and its affiliates Endo Surgical Center of
North Jersey and Fenner Ave., LLC, sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D.N.J. Case No. 18-10752,
18-10753 and 18-10755, respectively) on Jan. 13, 2018.  William
Focazio, M.D., principal, signed the petitions.

At the time of filing, William Focazio, MD, PA has $1,130,000 in
total assets and $12,830,000 in total liabilities; and Endo
Surgical Center has $1,170,000 in total assets and $16,490,000 in
total liabilities.

Judge Vincent F. Papalia presides over the case.

Trenk DiPasquale Della Fera & Sodono, P.C., is the Debtors'
counsel.


ENPRO INDUSTRIES: Egan-Jones Hikes FC Unsec. Debt Rating to BB
--------------------------------------------------------------
Egan-Jones Ratings Company, on May 18, 2018, upgraded the foreign
currency senior unsecured rating on debt issued by EnPro
Industries, Inc. to BB from BB-.

EnPro Industries, Inc. is an American industrial conglomerate,
through its various divisions and subsidiaries it provides
engineered industrial products for critical applications in a wide
range of industries.


EXAMWORKS GROUP: Moody's Affirms B2 CFR, Outlook Stable
-------------------------------------------------------
Moody's Investors Service affirmed ExamWorks Group, Inc's ratings.
These include the company's B2 Corporate Family Rating and B2-PD
Probability of Default Rating. Also affirmed were the B1 rating on
the company's first lien senior secured term loan. The rating
outlook is stable.

The ratings affirmation follows ExamWorks' announcement that it
will acquire UK-based Kindertons Accident Management ("Kindertons"
unrated), which will most likely be funded with additional debt.

As a result of the acquisition, Moody's expects ExamWorks' adjusted
debt/EBITDA to stay at an elevated 6.5-7.0 times range over the
next 6-12 months. The company's ratings have limited headroom after
this acquisition, and may be downgraded if adjusted debt/EBITDA
rises further or remains above 6.5 times over the next 12-18
months.

While the increased financial leverage is credit negative, Moody's
recognizes ExamWorks' strategy to diversify its businesses --
including with international expansion -- and the company's
improved ability to generate free cash flow.

Ratings affirmed:

ExamWorks Group, Inc.

Corporate Family Rating at B2

Probability of Default Rating at B2-PD

First Lien senior secured revolving credit facility expiring in
2023 at B1 (LGD3)

First lien senior secured term loan due 2023 at B1 (LGD3)

The outlook is stable

RATINGS RATIONALE

ExamWorks' B2 Corporate Family Rating reflects its high financial
leverage and the risk entailed by its rapid growth strategy. It
also reflects modest integration risk and vulnerability to
regulatory reviews. Furthermore, the company operates in a
fragmented industry and its use of debt to fund acquisitions is a
rating constraint. ExamWorks' rating is supported by its leading
market share of the independent medical examination industry, good
profit margins, and the diversity of its customer base. The company
also benefits from its minimal exposure to reimbursement pressures
and malpractice risks, as well as a low proportion of fixed
operating costs.

Moody's expects the Kindertons acquisition to start contributing to
ExamWorks' revenues and profits immediately after the close of
transaction. This will help the company to partially offset the
additional debt burden. Kindertons provides auto accident and
claims management services to not-at-fault drivers in the UK. These
services include providing temporary replacement vehicles and
repair services for damaged vehicles. Kindertons has a staff of
around 900 employees and manages a fleet of more than 5,300
vehicles. Kindertons' proforma annual revenues and estimated EBITDA
were GBP 166.3 million and GBP 18.6 million respectively.

The stable rating outlook reflects Moody's expectation that
financial leverage will remain high at over 6.5-7.0 times during
the next year, but decline to below 6.0 times in 12-18 months. This
will be supported by the company's improving profitability. Moody's
expects that the company will refrain from engaging in material
debt-financed acquisitions or shareholder initiatives before
reducing its financial leverage.

ExamWorks' rating could be downgraded if operating performance
deteriorates. A downgrade could also occur if the company pursues
additional debt financed acquisitions or makes shareholder payouts
before reducing its financial leverage. Specifically, if the
company does not reduce debt to EBITDA below 6.5 times within 12-18
months after Kindertons acquisition, a downgrade is possible.

ExamWorks's ratings could be upgraded if it generates continued
strong growth in both revenues and cash flow. Quantitatively, the
company sustaining debt to EBITDA below 5.0 times would also
support an upgrade.

The principal methodology used in these ratings was Business and
Consumer Service Industry published in October 2016.

Headquartered in Atlanta, GA, ExamWorks, Inc. is a leading provider
of independent medical examinations, consisting of peer reviews,
bill reviews and IME-related services. These services are provided
to the insurance and legal industries, third-party administrators,
self-insured parties and federal and state agencies. Pro forma
revenue are approximately $1.4 billion.


EXAMWORKS GROUP: S&P Affirms B Corp. Credit Rating, Outlook Stable
------------------------------------------------------------------
ExamWorks Group Inc. announced its plan to acquire U.K.-based
Kindertons Accident Management (Kindertons) and fund the
acquisition with an add-on to its existing first-lien and
second-lien term loans.

S&P Global Ratings is thus affirming its 'B' corporate credit
rating on ExamWorks Group Inc. The outlook is stable.

S&P said, "We also affirmed our 'B' issue-level rating on the
company's first-lien credit facility, which consists of a $150
million revolver and an upsized first-lien term loan. The recovery
rating on this debt remains '3', indicating expectations for
meaningful (50%-70%; rounded estimate: 50%) recovery in the event
of a payment default.

"In addition, we raised the issue-level rating on the company's
upsized second-lien notes to 'B–' from 'CCC+'. The '5' recovery
rating on this debt indicates our expectation for modest (10%-30%;
rounded estimate: 10%) recovery in the event of a payment default.

"The affirmation reflects our expectation that ExamWorks will grow
organically and generate solid free cash flow despite the
additional leverage from the WHG and Kindertons acquisitions. We
believe these two acquisitions increased the company's diversity,
scale, as well as value proposition to its clients by adding new
capabilities to its service offering. However, in our view, the
transactions signal the company's appetite to more aggressively
pursue adjacent business lines beyond its core IME business. The
acquisitions also changed ExamWorks' geographic mix, with half of
total revenue now generated outside the U.S. We believe the
shifting business profile, both in terms of service mix and
geographic mix, coupled with more debt, could lead to meaningful
integration and execution challenges.

"The stable outlook reflects our expectation that ExamWorks will be
able to successfully integrate these acquisitions and leverage its
new service offerings to further penetrate its client base while
generating solid free cash flow.

"We could lower the rating if ExamWorks' cash flow declines to $15
million, without a prospect of recovery in the near term. This
could be the result of integration challenges, increased
competition, and subsequent adverse pricing headwinds, leading to
margin contraction of about 150 basis points.

"Given the financial sponsor ownership and recent elevated pace of
acquisition, we do not foresee a rating upgrade in the next 12
months."


EXCO RESOURCES: Has Until Aug. 13 to Exclusively File Plan
----------------------------------------------------------
The Hon. Marvin Isgur of the U.S. Bankruptcy Court for the Southern
District of Texas has extended, at the behest of EXCO Resources
Inc. and its debtor-affiliates, the period during which the Debtors
have the exclusive right to file a Chapter 11 plan and the deadline
under which the Debtors have the exclusive right to solicit
acceptances of the plan through and including Aug. 13, 2018, and
Oct. 12, 2018, respectively.

As reported by the Troubled Company Reporter on April 20, 2018, the
Debtors have made significant progress to date, but additional work
remains to be done.  The Debtors are redoubling their efforts to
maximize stakeholder value by pursuing a dual-track restructuring
process, including marketing their assets and ongoing efforts to
negotiate the terms of a restructuring transaction with their key
creditor constituencies.  Consequently, the Debtors likely require
significant additional time to complete their restructuring
process.

A copy of the court order is available at:

        http://bankrupt.com/misc/txsb18-30155-710.pdf

                    About EXCO Resources

EXCO Resources, Inc. (otc pink:XCOO) --
http://www.excoresources.com/-- is an oil and natural gas
exploration, exploitation, acquisition, development and production
company headquartered in Dallas, Texas with principal operations in
Texas, North Louisiana and the Appalachia region.  EXCO's
headquarters are located at 12377 Merit Drive, Suite 1700, Dallas,
TX 75251.

EXCO Resources, Inc., and 14 of its affiliates sought Chapter 11
protection (Bankr. S.D. Tex. Lead Case No. 18-30155) on Jan. 15,
2018.  EXCO disclosed total assets of $829.1 million and total debt
of $1.355 billion as of Sept. 30, 2017.

The Debtors' cases have been assigned to the Honorable Marvin
Isgur.

The Debtors tapped Gardere Wynee Sewell LLP, and Kirkland & Ellis
LLP, as bankruptcy counsel; PJT Partners LP as financial advisor;
Alvarez & Marsal North America, LLC, as restructuring advisor; and
Epiq Bankruptcy Solutions, LLC, as claims agent.

An official committee of unsecured creditors has been appointed in
the case.  The committee is represented by lawyers at Jackson
Walker and Brown Rudnick.


FENNER AVENUE: Wants Plan Filing Deadline Moved to Aug. 12
----------------------------------------------------------
Fenner Avenue LLC asks the U.S. Bankruptcy Court for the District
of New Jersey to extend the exclusive periods during which only the
Debtor can file a plan of reorganization and solicit acceptance of
the plan through and including Aug. 12, 2018, and Oct. 11, 2018,
respectively.

A hearing on the Debtor's request is scheduled for May 30, 2018, at
10:00 a.m.

The exclusive period for the Debtor to file a plan of
reorganization presently expires on May 14, 2018.  Pursuant to the
U.S. Bankruptcy Code Sections 1121(d)(1) and (2), the Court may for
cause increase the Debtor's l20-day exclusivity period, provided
that the 120-day period not be extended beyond a date that is 18
months after the Petition Date.

Although the Debtor has made progress in connection with its
reorganization efforts, additional time is required to prepare and
finalize a plan of reorganization.

The Debtor is working on a potential plan of reorganization.

On April 6, 2018, the Debtor filed a motion seeking approval of a
settlement.  On May 3, 2018, the Court entered an order approving
settlement.

The Debtor is also pursuing possible offers of interest to purchase
the buildings and buy into the medical practice.

The Debtor intends to use any additional time to take a breathing
spell, complete their due diligence efforts, finalize negotiations
with prospective purchasers and subsequently submit a viable, good
faith plan of reorganization.  Through this process, the Debtor
will seek a result that will be fair, equitable, and transparent to
all of its creditors.

A copy of the Debtor's request is available at:

            http://bankrupt.com/misc/njb18-10755-65.pdf

                        About Fenner Avenue

Fenner Avenue, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D.N.J. Case No. 18-10755) on Jan. 13, 2018.
Judge Vincent F. Papalia presides over the case.  Trenk DiPasquale
Della Fera & Sodono, P.C., is the Debtor's counsel.


FIRST DATA: Moody's Hikes CFR to Ba3, Outlook Stable
----------------------------------------------------
Moody's Investors Service upgraded First Data Corporation's
Corporate Family ("CFR") and Probability of Default ("PDR") ratings
to Ba3 and Ba3-PD from B1 and B1-PD, respectively. In addition,
Moody's upgraded the senior secured credit facilities and first
lien notes ratings to Ba2 from Ba3 and the second lien notes rating
to B1 from B3. The unsecured notes rating was also upgraded to B2
from B3. The rating outlook is stable.

RATINGS RATIONALE

The upgrade reflects Moody's view that First Data's adjusted debt
leverage will steadily improve to about 5 times by the end 2019
from 6.3 times as of the latest twelve months ending March 31,
2018. De-leveraging has slowed over the last year as First Data
spent about $1.5 billion in cash to acquire CardConnect Corp. and
BluePay Holdings, Inc., which expanded its independent software
vendor (ISV) network. These purchases enhanced the company's
payment technologies and eCommerce offerings for small and medium
sized merchants, a segment where First Data has lagged behind its
largest competitors. Over the next two years, Moody's expects First
Data to temper its M&A spending given its already large scale and
comprehensive set of payment solutions.

First Data's leverage improvement will be driven by a combination
of gross debt reduction and at least mid-single digit percentage
EBITDA growth. Moody's expects First Data will use the majority of
its free cash flow, estimated to approach $1.5 billion in 2018, to
repay debt. Cash flow has benefited from the reduction of annual
interest expense to nearly $900 million from a peak of $1.9 billion
in 2013 as a result of debt pay downs from equity offerings and
refinancing activity.

The Ba3 CFR is supported by First Data's size, scale, and market
position as the leading merchant acquirer in the U.S. with a strong
bank alliance network. Moody's expects First Data's profitability
will benefit from double-digit revenue growth in international
markets, where card usage penetration opportunities are greater
than in the US, and the continuing shift to electronic payments. In
addition, First Data's revenue growth should be spurred by sales
and product investments for new payment, data analytic, and
security solutions, as well as the growth of credit card issuer
processing.

The stable outlook reflects Moody's expectation that First Data
will remain committed to improving its leverage profile by using
the majority of its cash flow to reduce debt. Moody's expects First
Data to generate low to mid-single digit percentage organic revenue
growth with adjusted EBITDA of more than $3.2 billion over the next
year. Moody's expects leverage to further improve to the mid 4
times in 2020. Profitability should improve with operating leverage
gained from higher transaction and card issuance volumes.

The ratings could be upgraded if First Data achieves at least
low-to-mid-single digit revenue and profit growth on a sustained
basis and Moody's expects adjusted debt to EBITDA will decrease to
below 4.5 times with free cash flow to debt around 10%. The ratings
could be downgraded if revenue or profitability declines, free cash
flow to debt falls to the mid-single digit percentage, or First
Data suffers a significant loss of market share due to emerging
payment technologies. Downward pressure could also arise if First
Data were to deviate from its de-leveraging plans by boosting
shareholder returns or engaging in elevated M&A activity.

Ratings Upgraded:

Issuer: First Data Corporation

Corporate Family Rating, Ba3 from B1

Probability of Default Rating, Ba3-PD from B1-PD

Senior Secured Bank Credit Facilities, Ba2 (LGD3) from Ba3 (LGD3)

Senior Secured First Lien Notes, Ba2 (LGD3) from Ba3 (LGD3)

Senior Secured Second Lien Notes, B1 (LGD5) from B3 (LGD5)

Senior Unsecured Notes, B2 (LGD6) from B3 (LGD6)

Rating affirmed:

Speculative Grade Liquidity Rating, SGL-1

Outlook Actions:

Issuer: First Data Corporation

Outlook, remains stable

With projected total annual consolidated revenues approaching $10
billion, First Data is a leading provider of electronic commerce
and payment processing solutions for financial institutions and
merchants worldwide.



GILDED AGE: Equity Claim of Manager Added in Third Amended Plan
---------------------------------------------------------------
Gilded Age Properties, LLC, filed with the U.S. Bankruptcy Court
for the District of Rhode Island a fourth amended disclosure
statement in support of its fourth amended plan of reorganization
dated May 14, 2018.

The Fourth Amended Disclosure Statement modifies the composition of
Class 3 claims.  Class 3 claims consist of any prepetition
unsecured claims, excluding claims of tenants for the return of
security deposits, which claims are addressed in Class 4.

In the Third Amended Disclosure Statement, the Debtor adds the
Class 5 equity claim of Peter Iascone, sole member and manager of
the Debtor. No payment will be made in the plan but Member will
retain interest in the Debtor's assets.  The previous version of
the plan only provided that Class 5 consists of any Member's
interest in the Debtor.

The Second Amended Disclosure Statement modified the proposed
payment to the Secured Claim of Lender.  The Debtor proposes to pay
the $70,323.55 pre-petition and post-petition arrearage on the
Secured Lender's claims in 24 equal monthly installments of
$2,930.14. Said arrears payments are to begin within 30 days of the
Confirmation Order and continue monthly until satisfied in full.
The original Plan proposed to pay the $22,643.42 pre-petition
arrearage on the Secured Lender's claims in 36 equal monthly
installments of $628.98 in 12 quarterly installments of $1,886.95.

A full-text copy of the Fourth Amended Disclosure Statement is
available at:

     http://bankrupt.com/misc/rib17-10738-222.pdf

A full-text copy of the Third Amended Disclosure Statement is
available at:

     http://bankrupt.com/misc/rib1-17-10738-218.pdf

A full-text copy of the Third Amended Plan is available at:

     http://bankrupt.com/misc/rib1-17-10738-217.pdf

A full-text copy of the Second Amended Disclosure Statement is
available at:

     http://bankrupt.com/misc/rib17-10738-193.pdf

                About Gilded Age Properties

Gilded Age Properties, LLC, owns and operates two properties: a
commercial rental property located at 117 Bellevue Avenue in
Newport, Rhode Island and a residential apartment building located
at 38-40 Freebody Street in Newport, Rhode Island.

Gilded Age Properties filed a Chapter 11 petition (Bankr. D.R.I.
Case No. 17-10738) on May 4, 2017.  In the petition signed by
member Peter M. Iascone, the Debtor estimated assets and
liabilities between $1 million and $10 million.  The case is
assigned to Judge Diane Finkle.  The Delaney Law Firm LLC is the
Debtor's bankruptcy counsel.  Kirby Commercial, LLC, is the
Debtor's real estate agent.


GORDON BURR: $1.4M Sale of Castle Rock Property to Londos Approved
------------------------------------------------------------------
Judge Joseph G. Rosania, Jr., of the U.S. Bankruptcy Court for the
District of Colorado authorized Gordon Burr's sale of the
residential real property and improvements located at 26 Columbine
Place, Castle Rock, Colorado to Greg Frank Londo and Molly Lea
Londo for $1,425,000.

The sale is free and clear of all liens, claims and encumbrances in
accordance with terms of the Contract to Buy and Sell Real Estate
(Residential).  All liens, claims and encumbrances will attach to
the proceeds of the sale in the order of relative priorities of the
secured creditors.

The Debtor is authorized to utilize the proceeds of the sale as set
forth in the Motion.

                      About Gordon Burr

Gordon Burr, an individual who resides in Castle Rock, Colorado,
sought Chapter 11 protection (Bankr. D. Colo. Case No.
17-20537-JGR) on Nov. 16, 2017.  Among the assets owned by the
Debtor are eight pieces of valuable artwork.  Aaron A. Garber,
Esq., at Buechler & Garber, LLC, serves as counsel to the Debtor.


H MELTON VENTURES: Trustee's $345K Sale of Grapevine Property Appro
-------------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas,
authorized Scott M. Seidel, Chapter 11 Trustee of H. Melton
Ventures, LLC, to sell the real property located at 1900 Carnegie
Lane, Grapevine, Texas to Steve and Sylvia Perez or their assigns
for $345,000.

The sale is "as is, "where is," without any warranty whatsoever.

If the Sale does not close to the Purchasers as provided for in the
Order by May 15, 2018, then the Trustee will keep all earnest
monies and deposits and may proceed to close the Sale with the
back-up bid from Purchaser 2, Rohit K. Singla and Esha Goyal in the
amount of $338,586 in which case Purchaser 2 will be the
"Purchaser" as used in the balance of the Order.

If the Sale does not close to Purchaser 1 or 2 as provided for in
the Order, then the Trustee may proceed to close the Sale with
anyone for $330,000.

The Purchasers will pay all closing costs, title policy costs, but
Trustee may pay the ad valorem tax liens at closing.

The Trustee is immediately authorized to make arrangements as
necessary and sign any and all documents required to arrange for
and close on the Sale of the Property.

The closing of the Property will occur on 4:00 p.m. (CST), May 15,
2018 unless an agreement is reached among the parties.

The earnest money deposited with the Title Company from the
Purchasers is non-refundable should Purchaser be unable to
effectuate the Sale of the Property by 4:00 p.m. (CST) May 15,
2018.  The earnest money will be applied to the purchase price upon
closing and if the Purchasers do not close said deposit will be
retained by the estate as damages.

From the proceeds of the Sale, the Trustee's commission and
administrative expenses and the Broker fees associated with the
Sale may be paid first from the proceeds and the lien of New York
Mutual, LLC will be paid or their lien will attach to the proceeds
of the sale.

The Order will not be stayed by any provisions of the Federal Rules
of Bankruptcy Procedure or otherwise, including any stay pursuant
to Bankruptcy Rule 6004(h), and the Order will be immediately
effective upon entry.

The Trustee may withdraw from the Sale if he deems it to be in the
best interest of the estate.

                     About H Melton Ventures

H Melton Ventures LLC, based in Arlington, Texas, filed a Chapter
11 petition (Bankr. N.D. Tex. Case No. 17-43922) on Sept. 28, 2017,
estimating $1 million to $10 million in both assets and
liabilities, with the petitions signed by Michael Warden, its
manager.  Chapter 11 cases were also commenced by Michael G.
Warden (Case No. 17-33888) and Henry J. Melton, II (Case No.
17-44206).  A
related case, H. Melton Ventures RD, LLC, Case No. 17-44521, was
also filed on Nov. 6, 2017.

Mr. Melton, a resident of Dallas County, is the 90% owner,
president and CEO of HMV.  Mr. Warden, the manager, is the 10%
owner.

The Hon. Russell F. Nelms presides over the cases.

David D. Ritter, Esq., at Ritter Spencer PLLC, serves as bankruptcy
counsel to HMV.  Wiley Law Group, PLLC, is counsel to Mr. Melton,
and Melton Ventures RD.

A Chapter 11 Trustee was appointed for both HMV and Melton in
December 2017.

Marilyn Garner was appointed as the Chapter 11 Trustee for HMV.
She tapped Cavazos, Hendricks, Poirot & Smitham, P.C., in Dallas,
Texas, as counsel.

Scott M. Seidel is the Chapter 11 Trustee for Mr. Melton's estate.

Mr. Seidel retained his own firm, Seidel Law Firm, in Plano,
Texas, as his general counsel in the case.


HARD ROCK EXPLORATION: Final Cash Collateral Stipulation Entered
----------------------------------------------------------------
The Hon. Frank W. Volk of the U.S. Bankruptcy Court for the
Southern District of West Virginia authorized Hard Rock
Exploration, Inc., and its affiliates to use cash collateral and
other cash proceeds in accordance with the provisions of the Final
Stipulation and Order and to the extent set forth in the monthly
budget.

As of the Petition Date, the aggregate unpaid balance of the loans
owed by the Debtors to Huntington National Bank exceeds $29
million. To secure the prepetition indebtedness, the Debtors
granted Huntington National Bank first priority and perfected
security interest and lien in all assets of the Debtors.

Huntington National Bank is granted valid, first, perfected and
enforceable security interests in and liens on all post-petition
assets and property of the Debtors and their estates, solely to the
extent of any diminution in value of Huntington National Bank's
cash collateral.

The Trustee, for and on behalf of the Debtors, Huntington National
Bank and Committee stipulate and agree as follows:

     (a) neither the collateral nor the cash collateral will
include preference recoveries by or on behalf of the Debtors and
the Debtors' estate;

     (b) the adequate protection liens will be subject to
Huntington National Bank's pre-petition liens in the collateral;
and will not be subordinated to or made pari passu with, any other
lien, except as provided for the General Estate Carve-Put and the
Pre-Trustee Professionals Carve-Out;

     (c) the Adequate Protection Liens will at all times have
priority over and be senior to any and all liens, rights or
interests of any other party in interest;

     (d) the Trustee believes that he will be able to acquire for
the bankruptcy estates working interests owned by NGNWI LLC --
these are working interests previously owned by Magnum Hunter
Production Inc. that were not subject to Huntington National Bank's
lien but were acquired by NGNWI through the waiver of a $201,000
secured claim of Hard Rock against Magnum Hunter. If brought back
into the estate, such working interests would be proceeds of
Huntington National Bank's collateral at least to the extent of
Hard Rock's $201,00 claim waiver and any other collateral used to
recover those working interests;

     (e) the Trustee expects to cause a return to the bankruptcy
estates of Caraline and Hard Rock the oil and gas deep rights
previously transferred by Hard Rock and Caraline to Hard Rock Land
Services, LLC. The Trustee believes that Huntington National Bank
had a lien on those deep rights when they were transferred by Hard
Rock and Caraline to Hard Rock Land Services, LLC, and therefore,
those deep rights would, to the extent they do not already
constitute collateral, be subject to Huntington National Bank's
liens when they are returned to the bankruptcy estate;

     (f) the collateral does not include the Virginia Real Estate
including (i) oil and gas in the ground, (ii) leases, (iii) wells,
(iv) equipment consisting of well fixtures, and (v) voting
interests. The Collateral does include personal property not
consisting of fixtures located in Virginia, including contracts
related to Virginia wells and gas produced from the Virginia wells
to the extent gas is owned by the Debtors;

     (g) Huntington National Bank agrees that the Collateral or
Adequate Protection Collateral does not include assets owned by the
Limited Partnerships created for the investors' drilling programs
of which a Debtor is a managing general partner; and

     (h) Huntington National Bank agrees that its liens do not
encumber the lease interests, working interests or other property
owned by investors (other than the Debtors) in the pre-2009 well
programs.

A full-text copy of the Final Stipulation and Order is available
at:

       http://bankrupt.com/misc/wvsb17-20459-488.pdf

                  About Hard Rock Exploration

Founded in 2003, Hard Rock Exploration, Inc., and its affiliates
provide oil and gas exploration and production services in Virginia
and West Virginia.  Hard Rock focuses on drilling horizontal
wells.

Hard Rock Exploration, Inc., and its affiliates filed a Chapter 11
petition (Bankr. S.D. W.Va. Lead Case No. 17-20459) on Sept. 5,
2017.  The affiliates are Caraline Energy Company (Bankr. S.D.
W.Va. 17-20461); Brothers Realty, LLC (Bankr. S.D. W.Va. 17-20462);
Blue Jacket Gathering, LLC (Bankr. S.D. W.Va. 17-20463) and Blue
Jacket Partnership (Bankr. S.D. W.Va. 17-20464).

The petitions were signed by James L. Stephens, the Debtors'
president.

At the time of filing, Hard Rock estimated $10 million to $50
million in assets and liabilities.  Caraline Energy estimated $10
million to $50 million in assets and liabilities.

The Hon. Frank W. Volk presides over the case.

The Debtors are represented by Christopher S. Smith, Esq. of Hoyer,
Hoyer & Smith, PLLC and Taft A. McKinstry, Esq., at Fowler Bell
PLLC.

The Office of the U.S. Trustee on Oct. 18, 2017, appointed three
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 case of Hard Rock Exploration, Inc.  The
committee members are: (1) Richard L. Wilson; (2) John M. Dosker;
and (3) Jim Schwab Pi Star Communications.


HORNE EXCAVATING: Seeks Approval of Cash Collateral Stipulation
---------------------------------------------------------------
Horne Excavating, LLC, requests the U.S. Bankruptcy Court for the
District of New Hampshire to approve its stipulation with
Woodsville Guaranty Savings Bank on Debtor's use of cash
collateral.

The essential terms of the Stipulation between Horne and Woodsville
are as follows:

     (a) Horne acknowledges the total balance outstanding under the
Company Loans of $559,172, comprised of $549,263 in principal and
$9,910 in accrued interest.

     (b) Woodsville holds a valid, duly perfected enforceable and
non-avoidable security interest in the Cash Collateral;

     (c) Horne will make the regular monthly payments due to
Woodsville on the following Company Loans: Loan #46903, Loan
#46902, Loan #47967, Loan #47971, and Loan #49146. All such loan
payments will be made on the due dates reflected in the pertinent
Company Loan Documents.

     (d) Horne will make the following payments on Loan #s 49290
and 4400301421: $100 each, every four weeks;

     (e) Horne will remain current on taxes and retain all
insurance;

     (f) Horne agrees that any turnover of any cash collateral
and/or adequate protection payments and any application of the same
by Woodsville to its Loans will not be deemed, in any manner, to
constitute a violation of the automatic stay;

     (g) Usage of cash collateral is authorized through July 14,
2018;

     (h) Horne will timely file all operating reports required by
the Bankruptcy Code, Federal or Local Rules of Bankruptcy Procedure
or by the United States Trustee, and will deliver a copy of such
reports to Woodsville at the same time that they are served on the
United States Trustee; and

     (i) Upon Woodsville's request, and as often as it may request,
Horne will provide, by email or fax to Woodsville's attorney, a
report of Horne's weekending cash, accounts payable, accounts
receivable and retail inventory.

A full-text copy of the Cash Collateral Motion is available at

          http://bankrupt.com/misc/nhb18-10502-26.pdf

                     About Horne Excavating

Horne Excavating, LLC, is an excavating contractor in Haverhill,
New Hampshire. It is a small business debtor as defined in 11
U.S.C. Section 101(51D).  Horne Excavating filed a Chapter 11
petition (Bankr. D.N.H. Case No. 18-10502) on April 15, 2018.  In
the petition signed by Kevin Horne, president.  The case is
assigned to Judge Bruce A. Harwood.  Peter N. Tamposi, Esq., of The
Tamposi Law Group, is the Debtor's counsel.


HUSA INC: July 2 Plan Confirmation Hearing
------------------------------------------
HUSA, Inc. and its affiliates filed with the U.S. Bankruptcy Court
for the Southern District of Texas their latest plan to exit
Chapter 11 protection.

The amended disclosure statement is approved and the Court will
convene a hearing on July 2, 2018, at 9:00 a.m.  June 25 is fixed
as the last day for filing written objections to confirmation of
the Plan.

The joint Chapter 11 plan of reorganization proposes to pay
creditors from the sale of assets, ongoing operations and cash flow
and an infusion of cash from HUSA Inc.'s shareholders, Larry Martin
and Edgar Carlson, in exchange for shares of the reorganizing
companies.  

The reorganization plan is structured as one plan but each of the
companies is provided for separately and is separately treating its
classes of creditors separately under the plan.

Under the plan, HUSA, Inc., HUSA Management, Inc., and Hospitality
USA Investment Group, Inc. will be liquidated.  Their few assets
will be sold at auction and the creditors of those companies will
be paid according to their priority under the Bankruptcy Code.

Meanwhile, all of the assets of Baker St. Marina Square LLC, Baker
St. Belmar LLC, Baker St. The Corners LLC, Baker St. Quadrangle
LLC, and Sherlock's USA Inc. will be sold free and clear of liens
at auctions.  Creditors of these companies will be paid according
to their priority under the Bankruptcy Code.  

Finally, Sherlock's Addison LLC, Local Pour The Woodlands LLC,
Baker St. Town Center LLC, Baker St. Woodlands LLC, and Baker St.
LaCenterra LLC will remain in business and restructure their debts.
These companies anticipate that the unsecured creditors will
receive 100% of the allowed amount of their claims.  

Messrs. Martin and Carlson, will be issued the shares of these
reorganized companies in exchange for cash they will provide to
cure their lease arrearages in full within 30 days after the
effective date of the plan.  The amount required to cure these
lease arrearages is expected to be in excess of $250,000, according
to plan.

Copies of the first amended joint Chapter 11 plan of reorganization
and disclosure statement are available for free at:

     http://bankrupt.com/misc/txsb17-36535-169.pdf
     http://bankrupt.com/misc/txsb17-36535-170.pdf

                         About HUSA Inc.

Based in Houston, Texas, HUSA Management is a privately held
corporation owned by Larry Martin and Edgar Carlson. The company
portfolio includes brands like Baker St. Pub & Grill, Sherlock's
Pub & Grill, Sherlock's Pub, Local Pour, Restless Palate, Big Texas
Ice House & Dance Hall and British Beverage Company. With the
purchase of Sherlock's Baker St. Pub 1995, HUSA Management Inc.
continues to grow. The company is founded in 1995.

HUSA Management filed a Chapter 11 petition (Bankr. S.D. Tex. Case
No. 17-36535) on Dec. 4, 2017.  In the petition signed by Larry
Martin, president, the Debtor estimated $500,000 to $1 million in
assets and $1 million to $10 million in liabilities.  Judge Marvin
Isgur presides over the case.  Matthew Brian Probus, Esq., at
Wauson Probus, is the Debtor's counsel.  Guideboat Advisors, LLC,
is the financial investment advisor and asset sale broker.


IMAGE GRAPHICS: Wants Solicitation Period Extended to Sept. 11
--------------------------------------------------------------
Image Graphics 2000, Inc., asks the U.S. Bankruptcy Court for the
Southern District of Florida to extend through Sept. 11, 2018, the
exclusive period during which only the Debtor can solicit
acceptance of its plan of reorganization.

As reported by the Troubled Company Reporter on Feb. 16, 2018, the
Court previously extended, at the behest of the Debtor, the
exclusive plan filing period pursuant to Section 1121(e) of the
U.S. Bankruptcy Code through and including May 20, 2018.

The Debtor recently signed two revised contracts for the sale of
its commercial building set to close on or before Sept. 11, 2018,
which would yield in enough proceeds to pay off all of its
creditors in their entirety.  Thus, the Debtor needs additional
time to submit its plan of reorganization and disclosure
statement.

This is the Debtor's second request for an extension of the
exclusivity period.  The Debtor has: (1) entered into an agreed
court order with its largest creditor and is making adequate
protection payments to said creditor, (2) through the efforts of
its principal, Wade Davis, has located a buyer for the purchase of
both units of the commercial building in Pompano Beach, which the
Debtor operates and transacts business out of, with a closing date
of 130 days or less from May 4, 2018.  The Debtor has obtained two
fully executed Contracts for Purchase and Sale, and the combined
selling price ($500,000 for unit #19, $1.10 million for unit #20),
would result in enough proceeds to pay all claims off in full.
Thus, the repayment of the Debtor's creditors in full and all at
once, is contingent upon the selling of the commercial building.

In the event the sale does not take place, the Debtor is set to
start working on a large contract for an installation project at
the Miami International Airport as early as July, with the majority
of the work to be done in October, and which would result in a
substantial increase in revenue to the Debtor.  The increase in
revenue will allow the Debtor to make monthly plan payments to its
creditors.

The Debtor's principal Wade Davis, will personally provide funding
to pay the Debtor's creditors, if the need should arise, in order
to supplement the Debtor's revenue.

With respect to the claims of Florida Department of Revenue, the
Debtor is awaiting paperwork from Tallahassee to determine if any
of the amounts are objectionable.  Otherwise the Debtor will repay
the amounts owed through its Chapter 11 plan.

The last day to file a proof of claim in this case was on Dec. 26,
2017.  There has been a total of four claims filed to date; the
claim filed by Broward County has been satisfied by the Debtor.

The Debtor is making adequate protection payments to U.S. Bank,
N.A., pursuant to an agreed court order.

A copy of the Debtor's request is available at:

          http://bankrupt.com/misc/flsb17-20585-63.pdf

                  About Image Graphics 2000

Image Graphics 2000, Inc. -- http://igxboatwraps.com/-- provides
graphic design services in Pompano Beach, Florida, and surrounding
areas.  Its services include boat wraps, commercial displays,
vehicle wrapping, banners, bulk products, deck graphics and
tournament sponsor wrapping.  The company is a small business
debtor as defined in 11 U.S.C. Section 101(51D).

Image Graphics 2000 sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Fla. Case No. 17-20585) on Aug. 22,
2017.  In the petition signed by Wade Davis, vice-president, the
Debtor estimated assets of less than $1 million and liabilities of
$1 million to $10 million.

Judge John K. Olson presides over the case.  

First Legal PA is the Debtor's bankruptcy counsel.  Unico Financial
Services Inc. is the Debtor's accountant.

An official committee of unsecured creditors has not been appointed
in the Chapter 11 case.


INFINITY ACQUISITION: S&P Places 'B' CCR on CreditWatch Positive
----------------------------------------------------------------
U.K.-based information and analytics provider IHS Markit Ltd.
announced that it has entered into an agreement to acquire New York
City-based Infinity Acquisition LLC, the parent of Ipreo Holdings
LLC (collectively referred to as Ipreo), for $1.855 billion in
cash.

S&P Global Ratings is thus placing its 'B' corporate credit rating
on Infinity Acquisition LLC on CreditWatch with positive
implications.

S&P said, "At the same time, we placed our 'B+' issue-level rating
on the company's senior secured debt and our 'CCC+' issue-level on
its senior unsecured debt on CreditWatch with positive
implications. The recovery rating on the senior secured debt is '2'
reflecting our expectation of substantial (70%-90%; rounded
estimate: 80%) recovery in the event of default. The recovery
rating on the senior unsecured debt is '6', reflecting our
expectation of negligible (0%-10%; rounded estimate: 5%) recovery
in the event of default."

The CreditWatch placement follows the announcement that global
information and analytics provider IHS Markit Ltd (BBB-/Stable/--)
plans to purchase New York City-based Ipreo for $1.855 billion in
cash. The acquisition is subject to standard regulatory approvals,
including a review by the U.K. Financial Conduct Authority. IHS
expects the acquisition to close by August 2018.

S&P said, "The CreditWatch placement reflects our view that Ipreo's
business prospects and credit measures will improve following the
acquisition given IHS Markit's stronger market position, growth
prospects, and credit measures. We intend to update or resolve the
CreditWatch placement over the next 90 days, most likely at
transaction close. If the transaction closes, subject to more
clarity on the combined group's financing structure, then the
combined entity's creditworthiness will likely be at least
commensurate with the current 'BBB-' rating on IHS Markit Ltd. We
expect Ipreo to repay its debt, at which time we would withdraw our
ratings on Ipreo."


JEFFERY ARAMBEL: Sale of 107 Acres of Arambel Business Park Okayed
------------------------------------------------------------------
Judge Ronald H. Sargis of the U.S. Bankruptcy Court for the Eastern
District of California authorized Jeffery Edward Arambel's sale of
more or less 107 acres of Arambel Business Park (all of 021-022-033
and portions of APNs 021-022-034, 021-022-041, and 021-022-042) to
PDC Sacramento, LLC or its related assignee for approximately
$18,177,588 or $3.90 per square foot.

A hearing on the Motion was held on April 26, 2018 at 10:30 a.m.

Once the final survey for the Property is prepared and approved,
the Debtor will file a supplemental pleading detailing the real
property that is being sold, together with its legal description,
and a final calculation of the sales price.

The sale proceeds will first be applied to reasonable and ordinary
closing costs, court-approved commissions, prorated real property
taxes and assessments, liens as provided, and other customary and
contractual costs and expenses incurred in order to effectuate the
sale.

The Debtor will cause all preliminary and final closing statements
to be delivered to Metropolitan Life Insurance Co. and SBN V Ag I
LLC upon receipt by the Debtor.  Such creditors will have five
business days to review and object to any item on the closing
statements so provided.

The Property is sold free and clear of the liens of Metropolitan
Life and SBN V, creditors asserting secured claims, with the liens
of such creditors attaching to the proceeds.

The Debtor shall, at closing, pay the claim of Metropolitan Life
pursuant to its demand from the proceeds of sale.   He shall, at
closing, pay the claim of SBN V pursuant to its demand from the
remaining proceeds of sale after payment to Metropolitan Life and
reservation of any disputed amount as provided.

The payment of real estate brokers or other commissions are not
authorized by the Order.  The Debtor will apply for such authority
by separate motion.

The 14-day stay of enforcement provided by Federal Rule of
Bankruptcy Procedure 6004(h) is not waived.

Jeffery Edward Arambel sought Chapter 11 protection (Bankr. E.D.
Cal. Case No. 18-90029) on Jan. 17, 2018.  The Debtor tapped Reno
F.R. Fernandez, III, Esq., as counsel.


KIKO USA: June 8 Plan Confirmation Hearing
------------------------------------------
Judge Mary F. Walrath of the U.S. Bankruptcy Court for the District
of Delaware on May 9 approved the disclosure statement explaining
Kiko USA, Inc.'s Chapter 11 plan of reorganization .

The hearing to consider confirmation of the Plan will commence at
10:30 a.m., (Prevailing Eastern Time), on June 18, 2018.  The
Confirmation Hearing may be continued from time to time by the
announcement of the continuance in open court or as indicated in
any notice of agenda of matters scheduled for hearing filed with
the Court by the Debtor.

All objections to confirmation of the Plan must be filed with the
Court no later than June 11, 2018.  The Debtor may file a
consolidated reply to any timely-filed Plan Objections no later
than three business days prior to the Confirmation Hearing, or by
June 13, 2018.  The Debtor must file the Voting Report with the
Court no later than three business days prior to the Confirmation
Hearing Date, or by June 13.

Under the latest plan of reorganization, each creditor holding an
allowed Class 3 general unsecured claim will receive payments of
cash totaling the amount of its claim, plus interest at the rate of
4% per annum on the outstanding amount of the claim from the
effective date through payment, according to this schedule: 34% on
the later of the effective date or the allowance of such claim, 33%
on or before September 30, 2018, and 33% on or before December 31,
2018.

Copies of the amended Chapter 11 plan of reorganization and
disclosure statement are available for free at:

     http://bankrupt.com/misc/deb18-10069-258.pdf
     http://bankrupt.com/misc/deb18-10069-259.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.

On April 4, 2018, the Debtor filed a disclosure statement, which
explains its proposed Chapter 11 plan of reorganization.


KIKO USA: Seeks Plan Exclusivity Extension Until Aug. 9
-------------------------------------------------------
Kiko USA, Inc., asks the U.S. Bankruptcy Court for the District of
Delaware to extend the exclusive periods during which only the
Debtor can file a Chapter 11 plan and solicit acceptances of that
plan through and including Aug. 9, 2018, and through and including
Oct. 8, 2018, respectively.

A hearing on the Debtor's request is set for June 18, 2018, at
10:30 a.m. (ET).  Objections must be filed by May 22, 2018, at 4:00
p.m. (ET).

On April 4, 2018, the Debtor filed its proposed plan of
reorganization and accompanying disclosure statement, as well as a
motion to approve the Disclosure Statement and certain voting
procedures.

Currently, the Debtor's Exclusive Filing Period is scheduled to
expire on May 11, 2018, and the Debtor's current Exclusive
Solicitation Period is scheduled to expire on July 10, 2018.

Since the Petition Date, the Debtor has made significant progress
in resolving many of the issues facing the Debtor’s estate.
Among other things, the Debtor has worked to:

     (i) obtain significant first day and other relief;

    (ii) obtain interim and final approval of its debtor in
posession financing facility;

   (iii) prepare and file schedules and a statement of financial
fairs;

    (iv) reject leases for underperforming stores, thereby saving
         the Debtor's estate significant amounts that would
         otherwise be expended in connection with the leases;

     (v) establish a bar date for the filing of proofs of claim;

    (vi) prepare and file the Disclosure Statement and Plan; and

   (vii) otherwise attend to tasks required to administer this
         Chapter 11 case.

The Debtor is continuing to work in good faith, but requires
additional time to obtain approval of the Disclosure Statement and
related solicitation procedures, and to solicit and seek
confirmation of the Plan.  The Debtor believes that the extension
of the Exclusive Periods should provide it with sufficient time to
complete the remaining steps of the Plan process.  

The Debtor is paying its postpetition obligations as they become
due 18.  The Debtor submits that the Plan, filed on April 4, 2018,
is a viable plan.  The Debtor believes it sufficiently meets the
requisite standards for confirmation under the Bankruptcy Code, and
maximizes recovery for the Debtor's creditors while also setting
forth an effective plan for the Debtor’s business perations upon
emerging from the bankruptcy process.  Accordingly, cause exists to
extend the Exclusive Periods based on the Debtor’s success thus
far in negotiating and filing a viable plan.   

A copy of the Debtor's request is available at:

       http://bankrupt.com/misc/deb18-10069-245.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.


LAWRENCE D. FROMELIUS: $60K Sale of Lisle Vacant Lot Approved
-------------------------------------------------------------
Judge Donald R. Cassling of the U.S. Bankruptcy Court for the
Northern District of Illinois authorized JuLawrence D. Fromelius'
sale of vacant lot known as Lot 10, Lisle Place, Lisle, Illinois to
Barriere Construction, LLC for $60,000.

The sale is free and clear of interests, liens, claims and
encumbrances.

The automatic stay under section 362 of the Bankruptcy Code is
vacated and modified to the extent necessary to implement the terms
and provisions of the Contract and the provisions of the Order.
Pursuant to Bankruptcy Rules 9014 and 6004(h), the Order will be
effective immediately upon entry, and the Debtor and the Purchaser
are authorized to implement the terms of the Contract.

                     About Lawrence Fromelius

Lawrence D. Fromelius filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 15-22373) on June 29, 2015.  The Debtor tapped William J.
Factor, Esq., Ariane Holtschlag, Esq., and Jeffrey K. Paulsen,
Esq., at FactorLaw, as counsel.

L. Fromelius Investment Properties LLC filed a Chapter 11 petition
(Bankr. N.D. Ill. Case No. 15-22943) on July 2, 2015, and Golden
Marina Causeway LLC filed for relief under Chapter 11 (Bankr. N.D.
Ill. Case No. 16-03587) on Feb. 5, 2016.

Mr. Fromelius is the sole member of Investment Properties.  He is
also the sale member of East Greenfield Investors LLC, which in
turn is the sole member of Golden Marina Causeway LLC.  On Nov. 24,
2015, Lawrence Fromelius filed his initial plan of reorganization
and on Dec. 1, 2016, Investment Properties filed its initial plan
of reorganization.  Both of the plans have been amended to
incorporate changes requested by creditors, including the Ann Marie
Barry Trust, which has filed a claim of approximately $6 million.
Currently, the Debtors and the Ann Marie Barry Trust are
negotiating the terms of a disclosure statement to accompany the
plans.

Golden Marina owns two parcels of real estate, located at 302 and
311 East Greenfield Avenue in Milwaukee, Wisconsin.  The parcel at
311 E. Greenfield consists of 47 acres and the smaller parcel at
302 E. Greenfield is approximately 1 acre.


LE-MAR HOLDINGS: $4.2M Sale of Grand Prairie Property Approved
--------------------------------------------------------------
Judge Robert L. Jones of the U.S. Bankruptcy Court for the Northern
District of Texas authorized Le-Mar Holdings, Inc., and affiliates
to sell Taurean East, LLC's real property located at 3485 Roy Orr
Blvd., Grand Prairie, Texas to Ryder Truck Rental, Inc., for (i)
$4,150,000 and (ii) a commercial lease back of a section of the
Real Property to the Debtors.

The sale is free and clear of all liens, claims, encumbrances, and
interests, with all such liens, claims, interests and encumbrances
to attach to the net proceeds of the Sale Transaction after (i) the
expenditure of $124,500 (or such lower number as may be agreed to
by Debtors and the Debtors' broker Colliers International North
Texas, LLC for the commissions due to Colliers; (ii) the payment of
all ad valorem and property taxes owed by the Debtors related to
the Property and for which the Debtors are responsible under the
Agreement; and (iii) any and all closing costs and other expenses
which the Debtors are obligated to pay under the Agreement.

Concurrent with the Closing, the Lease Agreement by and between the
Debtor and the Buyer dated as of May 14, 2017 regarding a portion
of the Real Property will be terminated effective as of the Closing
Date, and the Buyer and the Debtor will have no recourse or claim
against each other arising from the termination of the Ryder
Lease.

The Order constitutes a final order within the meaning of 28 U.S.C.
Section 158(a).  Notwithstanding the provisions of Bankruptcy Rule
6004(h) or any applicable provision of the Local Rules of the
Court, the Order will not be stayed after its entry, but will be
effective and enforceable immediately upon entry, and the 14-day
stay provided in Bankruptcy Rules 6004(h) is expressly waived and
will not apply.

                    About Le-Mar Holdings

Le-Mar Holdings, Inc., is a mid-sized company in the general
freight trucking business with operations in Grand Prairie,
Amarillo, Midland, Abilene, San Angelo, Austin, San Antonio, Lufkin
and Lubbock.

Chuck and Tracey Edwards own approximately 63.9% of the equity
interests in Le-Mar while the Lawrence and Margie Edwards'
Grand-Children's Trust owns approximately 36.1% of the equity
interests. Le-Mar Holdings owns 100% of the equity interests of
Edwards Mail Service, Inc., and 50% of the membership interests of
Taurean East, LLC.  Chuck and Tracey Edwards own 50% of the
membership interests of Taurean East.

Le-Mar Holdings, Edwards Mail and Taurean East sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Tex. Case Nos.
17-50234 to 17-50236) on Sept. 17, 2017.  In the petitions signed
by Chuck Edwards, its president, Le-Mar Holdings estimated assets
and liabilities of $1 million to $10 million.

Le-Mar Holdings engaged Moses & Singer LLP as legal counsel, and
Underwood Perkins, P.C., as local counsel.  Ogletree Deakins Nash
Smoak & Steward, P.C., is special counsel.

The Official Committee of Unsecured Creditors formed in the case
retained Tarbox Law P.C., and Kelley Drye & Warren LLP as counsel.

Colliers International North Texas, LLC, was appointed by the Court
as a real estate broker on Jan. 10, 2018.


LEGACY RESERVES: Unitholders Elected 9 Directors
------------------------------------------------
The 2018 annual meeting of unitholders of Legacy Reserves LP was
held on May 15, 2018 at which the unitholders:

   (a) elected each of Paul T. Horne, Kyle D. Vann, Cary D. Brown,
       Dale A. Brown, William R. Granberry, Larry G. Lawrence,
       Kyle A. McGraw, Dwight D. Scott and William D. Sullivan
       as a director of the Company's general partner.

   (b) approved, on an advisory basis, the compensation of the
       Partnership's executive officers; and

   (c) ratified the appointment of BDO USA, LLP as the     
       Partnership's independent registered public accounting firm
       for the Fiscal Year ending Dec. 31, 2018.

                   About Legacy Reserves LP

Legacy Reserves LP -- http://www.LegacyLP.com/-- is a master
limited partnership headquartered in Midland, Texas, focused on the
development of oil and natural gas properties primarily located in
the Permian Basin, East Texas, Rocky Mountain and Mid-Continent
regions of the United States.

Legacy Reserves reported a net loss attributable to unitholders of
$72.89 million in 2017, a net loss attributable to unitholders of
$74.82 million in 2016, and a net loss attributable to unitholders
of $720.5 million in 2015.  As of March 31, 2018, Legacy Reserves
had $1.49 billion in total assets, $1.69 billion in total
liabilities and a total partners' deficit of $201.11 million.

                          *    *    *

Moody's Investors Service affirmed Legacy Reserves LP's Corporate
Family Rating (CFR) at 'Caa2' and its senior unsecured notes rating
at 'Caa3'.  Legacy's 'Caa2' CFR reflects the company's high
leverage, weak liquidity and significant debt refinancing risk, as
reported by the TCR on Jan. 26, 2018.


LITTLE REST LIVERY: Seeks Authorization to Use Cash Collateral
--------------------------------------------------------------
Little Rest Livery, Inc., seeks authorization from the U.S.
Bankruptcy Court for the District of Rhode Island to use the cash
collateral secured by Strategic Funding Source, Inc. and to provide
adequate protection to Strategic Funding's collateral position to
the extent necessary.

The Debtor proposes to use the Cash Collateral to pay the ordinary
operating expenses of the company. The Debtor also intends to pay
its proposed counsel, Bilodeau Capalbo, LLC, to the extent
allowable through the Debtor's Cash Collateral.

The Debtor believes that use of cash collateral pursuant to the
terms and conditions set forth above is fair and reasonable. The
Debtor further believes that the use of cash collateral is in the
best interest of the Debtor, its creditors and its estate because
it will enable the Debtor to (i) continue the orderly operation of
its business and avoid an immediate total shutdown of operations;
(ii) meet its obligations for necessary ordinary course
expenditures, and other operating expenses; and (iii) make payments
authorized under other orders entered by this Court, thereby
avoiding immediate and irreparable harm to the Debtor's estate.

A full-text copy of the Order is available at

             http://bankrupt.com/misc/rib18-10352-38.pdf

                      About Little Rest Liver

Little Rest Livery, Inc., is a Rhode Island corporation that
operates a taxi business.  Little Rest Livery sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D. R.I. Case No.
18-10352) on March 5, 2018.  At the time of the filing, the Debtor
estimated assets of less than $100,000 and liabilities of less than
$500,000. The Debtor retained Bilodeau Capalbo, LLC as its legal
counsel.


LONG BLOCKCHAIN: Delays Filing of First Quarter Form 10-Q
---------------------------------------------------------
Long Blockchain Corp. notified the Securities and Exchange
Commission via a Form 12b-25 that it will delayed in filing its
Quarterly Report on Form 10-Q for the period ended March 31, 2018.
The Company said it is still compiling information for the Form
10-Q and the auditors have not completed their review of the
financial statements.

                   About Long Blockchain Corp.

Headquartered in Hicksville, New York, Long Blockchain Corp. --
http://www.longblockchain.com-- is focused on developing and
investing in globally scalable blockchain-based financial
technology solutions.  It is dedicated to becoming a significant
participant in the evolution of blockchain technology that creates
long-term value for its shareholders and the global community by
investing in and developing businesses that are "on-chain".
Blockchain technology is fundamentally changing the way people and
businesses transact, and the Company will strive to be at the
forefront of this dynamic industry, actively pursuing
opportunities.

Long Blockchain incurred a net loss of $15.21 million in 2017 and a
net loss of $10.44 million in 2016.  As of Dec. 31, 2017, Long
Bockchain had $3.23 million in total assets, $3.52 million in total
liabilities and a total stockholders' deficit of $292,982.

Marcum LLP, the Company's auditor since 2014, issued a "going
concern" opinion in its report on the consolidated financial
statements for the year ended Dec. 31, 2017, citing that the
Company has a significant working capital deficiency, has incurred
significant losses and needs to raise additional funds to meet its
obligations and sustain its operations.  These conditions raise
substantial doubt about the Company's ability to continue as a
going concern.


MADISON-LARAMIE SELF STORAGE: Has Until Aug. 15 to File Plan
------------------------------------------------------------
The Hon. Donald R. Cassling of the U.S. Bankruptcy Court for the
Northern District of Illinois has extended, at the behest of
Madison-Laramie Self Storage, LLC, the exclusive periods during
which the Debtor may propose a plan of reorganization and
disclosure statement and solicit acceptances of the plan through
and including Aug. 15, 2018, and Oct. 16, 2018, respectively.
The Debtor will file its Plan and Disclosure Statement by Aug. 15,
2018.

The Debtor's case was filed to avoid a tax sale of its real
property.  There are outstanding pre-petition taxes due in the
amount of approximately $156,788.02.

Since the filing of this case, the Debtor has managed its business
and financial affairs.  The Debtor is negotiating a payment plan
with Cook County Clerk with respect to the outstanding real estate
taxes on the Property, including the sold taxes.

The Court previously set May 16, 2018, as the date by which the
Debtor must file its Plan and Disclosure Statement.  Pursuant to
Section 1121(b), the exclusive period within which the Debtor may
file a plan was set to expire 120 days from the date of the filing
of the case which was May 16, 2018.  Pursuant to Section 1121(c),
the exclusive period within which Debtor may obtain acceptances of
its plan was set to expire July 15, 2018.

The Debtor has reached out to Cook County Assessor's Office to
negotiate a payment plan on the outstanding taxes, and requires
additional time to determine whether a structured settlement can be
achieved with the Cook County Clerk.  The Debtor has acted in good
faith in this case; it has timely filed all monthly operating
reports and paid statutory trustee fees.  No creditors will be
prejudiced by the requested extension.  As such, cause exists to
grant the Debtor's request to extend the statutory exclusive
periods for the Debtor to file a Plan in this case.

Copies of the Debtor's request and the court order are available
at:

          http://bankrupt.com/misc/ilnb18-01228-21.pdf
          http://bankrupt.com/misc/ilnb18-01228-22.pdf

                About Madison-Laramie Self Storage

Madison-Laramie Self Storage, L.L.C., is an Illinois limited
liability corporation that owns and manages real property located
at 5110-5114 W. Madison Street, Chicago, Illinois 60644.

Madison-Laramie Self Storage sought Chapter 11 protection (Bankr.
N.D. Ill. Case No. 18-01228) on Jan. 16, 2018, estimating less than
$1 million in both assets and liabilities.  Miriam R. Stein, Esq.,
at Chuhak & Tecson, P.C., serves as the Debtor's bankruptcy
counsel.


MAOZ 8TH AVENUE: Has Until June 25 to Exclusively File Ch 11 Plan
-----------------------------------------------------------------
The Hon. Sean H. Lane of the U.S. Bankruptcy Court for the Southern
District of New York has extended, at the behest of Maoz 8th Avenue
LLC, the exclusive periods during which only the Debtor can file a
Chapter 11 plan of reorganization and to solicit acceptances of the
plan through and including June 25, 2018, and August 24, 2018,
respectively.

As reported by the Troubled Company Reporter on April 5, 2018, the
Debtor told the Court that it will better understand if it will
reorganize or take other action after the bar date in this case
passes, as until then it may be premature to draft a plan of
reorganization.  The Debtor operates a restaurant business which
has exposure to possible wage claims by current and former
employees.  The bar date has been set for April 30, 2018, and only
one wage claim has been filed, but the universe of claims will not
be certain until the bar date passes.

                      About Maoz 8th Avenue

Maoz 8th Avenue LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 17-13327) on Nov. 27,
2017.  In the petition signed by Jimmy Shabtay, general manager,
the Debtor estimated assets and liabilities of less than $500,000.
Judge Sean H. Lane presides over the case.  Sichenzia Ross Ference
Kesner LLP serves as counsel to the Debtor.


MATTEL INC: Fitch Rates New $500MM Unsec. Notes 'BB', Outlook Neg.
------------------------------------------------------------------
Fitch Ratings has assigned a 'BB'/'RR2' rating to Mattel's proposed
$500 million unsecured guaranteed notes, which will be used to
refinance the company's $500 million unsecured nonguarateed notes
due May 2019. Fitch has also downgraded the company's unsecured
nonguaranteed notes to 'B'/'RR5' from 'B+'/'RR4' based on Fitch's
updated recovery analysis incorporating the upsized principal
amount of guaranteed notes. Finally, Fitch has affirmed Mattel's
remaining ratings, including its 'B+' Issuer Default Rating (IDR).
The Rating Outlook is Negative.

Mattel's ratings reflect deterioration in operating results and
cash flow resulting from execution missteps, including the
inability of the company to effectively respond to evolving play
patterns and ongoing retail challenges, with retailers cutting back
on inventory purchases. Mattel's operating trajectory has pressured
cash flow, with FCF around negative $600 million in 2017. Its weak
results necessitated the issuance of $1 billion in unsecured
guaranteed notes at the end of 2017 to maintain the company's
historical liquidity position. Mattel's challenges, exacerbated by
the September 2017 bankruptcy of Toys R Us, Inc. and subsequent
liquidation of Toys' U.S. business, are expected to remain
obstacles to near-term EBITDA improvement, despite recently
announced initiatives to drive topline growth and cost reductions.
The Negative Outlook reflects Fitch's reduced confidence in the
company's ability to stabilize sales and drive significant EBITDA
improvement in line with Fitch's rating case.

The ratings continue to reflect Mattel's position as one of the
largest companies in the approximately $90 billion global toy
industry (according to trade association The Toy Association), with
2017 revenue of $4.9 billion, similar to other leading players
including Hasbro Inc. (BBB+/Stable), Bandai Namco Holdings and The
Lego Group, each of which have $5 billion-$5.5 billion in annual
revenue. Mattel holds particular strength in girls, infant and
preschool toys through brands such as Barbie, American Girl and
Fisher Price. Its leading boy brands include Hot Wheels and
Matchbox. Approximately 60% of corporate revenue is generated by
the company's Barbie, Hot Wheels, and Fisher Price brands. The
company also holds licenses to produce toys for a number of
entertainment properties such as Cars, Jurassic Park and Toy Story.
Sales of these entertainment-driven products tend to be volatile
over time with peaks around theatrical releases.

KEY RATING DRIVERS

Operating Weakness Continues: Mattel's revenue has steadily
declined in recent years, with sales falling from a peak of $6.5
billion in 2013 to $4.9 billion in 2017. Fitch believes the company
has been unable to effectively evolve its product portfolio
commensurate with changes to children's play patterns. Children are
increasingly digitally oriented and marginally less interested in
traditional toys. Relative to Mattel, Hasbro has more successfully
responded to these changes through brand storytelling, creating
digital experiences and revenue streams to support its portfolio's
customer relevance and create additional sales opportunities.

The company has also been challenged by the phenomenon of children,
particularly girls, outgrowing traditional toys at a younger age,
with greater interest in consumer electronics, beauty, sports, and
social media. Mattel's traditional toy portfolio, including Barbie,
has had difficulty effectively retaining mindshare as this
phenomenon progresses. Finally, Mattel's revenue base is
increasingly tied to licensed properties, which have created the
dual risks of lost licenses, such as the Disney Princess line to
Hasbro beginning 2016, and underperforming properties, such as Cars
3 in 2017. All of these challenges have been exacerbated by the
strengthening U.S. dollar in recent years, given that around 40% of
Mattel's revenue is generated internationally.

Mattel's struggle to respond to these challenges has resulted in
core brand revenue declines in recent years. For example, Barbie
generated $1.3 billion of gross revenue in 2012 (18% of gross
sales) before declining to just above $900 million in 2015 (14% of
gross sales) and rebounding to $955 million in 2017 (17% of gross
sales). Other franchises including American Girl, Mega, and Thomas
& Friends have also shown sales declines in recent years with less
clear recovery prospects.

The pace of operating decline accelerated in 2017, exacerbated by
the September 2017 bankruptcy of Toys 'R' Us. In 2017, Mattel's
revenue declined 10.5% with EBITDA down around 70% from $880
million in 2016 to $270 million in 2017. EBITDA margins contracted
from 16% in 2016 (and peak levels of 22% in 2012/2013) to 5.5% in
2017 on fixed-cost deleverage, Toys 'R' Us's bankruptcy, and higher
royalty expenses due to mix shifts.

Transformation Underway: In 2017, Mattel announced a Transformation
Plan for the company with five key elements: 1) build Mattel's
power brands into connected 360-degree play experiences, 2)
accelerate emerging markets growth, 3) focus and strengthen
Mattel's innovation pipeline, 4) realign and reshape operations,
and 5) reignite Mattel's culture and team. Mattel also announced
further significant leadership team changes in early October 2017
including the departure of the company's long-time CFO. While the
CEO who announced this transformation plan left the company in
April 2018, Fitch does not currently expect material changes in the
implementation of this plan.

Mattel is currently targeting $650 million in cost savings by 2020.
The planned cost savings are evenly split between cost of goods
sold and SG&A, and include elimination of less-profitable products
and brands, simplifying processes, outsourcing manufacturing of
non-core-brand product, working with vendors to lower costs, and
reducing overhead and discretionary spend on functions like
consulting and legal. The company anticipates achieving 40% of its
savings in 2018, 25% in 2019 and the remainder in 2020. The plan
requires around $200 million of restructuring and severance
expense, of which $40 million was realized in 2017, and Mattel
plans to reinvest $170 million of savings into revenue-driving
initiatives.

The impact of the Transformation Plan on EBITDA may take several
years to bear fruit. The company's 2018 guidance of flattish
revenue growth, modest gross margin improvement and flattish SG&A
(including advertising expense) could yield EBITDA trending around
$300 million compared with $270 million in 2017, despite the
expected achievement of significant cost savings. Fitch projects
meaningful EBITDA growth could resume in 2019, with EBITDA in the
$500 million range by 2020 given modest sales growth and the
achievement of expense reductions.

Uneven Cash Flows and Recent Debt Issuance: Virtually all of
Mattel's FCF is generated in the fourth quarter, coinciding with
the holiday period, as is typical for most toy manufacturers. The
company typically finishes the year with $800 million-$1 billion in
cash, allowing it to build inventory through the year in advance of
its peak FCF generation. Mattel's annual FCF worsened from an
average of breakeven in 2013-2015 to around negative $200 million
in 2016 and around negative $600 million in 2017, in concert with
EBITDA declines. Given the softness in its operating results,
Mattel stopped its share repurchase program in 2014 and reduced
dividends by 60% in 3Q17, eliminating dividends altogether in
4Q17.

As a result of negative cash flow in 2017, the company issued $1
billion in unsecured guaranteed notes in December 2017 to fund
operations and address its $250 million unsecured note maturity in
2018. Mattel ended 2017 with around $1.1 billion in cash, including
the $250 million earmarked for the 2018 maturity. The company also
obtained a $1.6 billion ABL revolver that will replace commercial
paper usage for seasonal working capital needs beginning 2018.
Given Fitch's forecasts of modest FCF generation over the next
several years, Mattel would need to refinance upcoming unsecured
notes maturities, including $250 million in 2020 and $350 million
in 2021.

RECOVERY CONSIDERATIONS

Fitch's recovery analysis is based on a liquidation value of $3.5
billion, versus approximately $2.1 billion going-concern value. The
liquidation value assumes a 75% and 50% advance rate on year-end
receivables and inventory, respectively, and a 50% advance rate on
net fixed assets. In addition, Fitch assumes Mattel's intellectual
property, including its power brands such as Barbie, Fisher-Price,
and Hot Wheels, could generate around $2 billion in intellectual
property value. Fitch's going-concern valuation is based on a $300
million going-concern EBITDA and a 7.0x enterprise value/EBITDA
multiple, at the upper end of the typical 5x-7x range for consumer
products companies given Mattel's historically strong brand
franchises.

After deducting 10% for administrative claims, the remaining $3.0
billion would lead to full recovery for the company's ABL revolver
and $1 billion of recently-issued senior guaranteed unsecured
notes. The $1.6 billion ABL facility, which is governed by a
borrowing base, is assumed to be drawn 70% in a recovery scenario.
The ABL revolver is rated 'BB+'/'RR1', and the senior guaranteed
unsecured notes are rated 'BB'/'RR2' in line with Fitch's criteria
for unsecured debt. The $1.6 billion ABL facility, which is
governed by a borrowing base, is assumed to be drawn 70% in a
recovery scenario. The remaining $1.4 billion of senior
non-guaranteed unsecured notes are expected to have below average
recovery prospects (11%-30%) and are therefore rated 'B'/'RR5'.

Fitch expects Mattel to refinance its $600 million of 2010-2021
maturities. Similar to the announced refinancing of Mattel's $500
million of 2019 notes maturities, any refinancing which includes
guaranteed or secured debt could weaken recovery prospects for the
company's existing unsecured notes.

DERIVATION SUMMARY

Mattel's 'B+' IDR reflects the company's weak operating performance
and negative cash flow generation, which necessitated the issuance
of $1 billion of unsecured guaranteed notes in 2017 to maintain the
company's historical liquidity position and leading to elevated
leverage. Execution missteps, including the inability of the
company to effectively respond to evolving play patterns, and
retail challenges, most recently the September 2017 bankruptcy of
Toys 'R' Us, have pressured operating results and cash flow. EBITDA
declined from a peak of $1.4 billion in 2013 to $880 million in
2016 and $270 million in 2017. Leverage, which was around 11x in
2017 (adjusting for the company's planned $250 million debt
repayment in 1Q18) is expected to remain elevated at around 9x in
2018 and moderate toward mid-5x in 2020 on EBITDA growth toward the
$500 million range.

The ratings continue to reflect Mattel's position as one of the
largest companies in the approximately $90 billion global toy
industry, with 2017 revenue of $4.9 billion, similar to other
leading players including The Lego Group, Bandai Namco Holdings and
Hasbro, each of which have $5 billion-$5.5 billion in annual
revenue. Hasbro has experienced more stable operating results than
Mattel, producing a 5% revenue CAGR over the last five years
compared with annual mid-single-digit declines at Mattel beginning
2014. Hasbro's revenue growth is attributed to its successful focus
on brand extensions and product innovation, and wins such as
takeover of the Disney princess license from Mattel beginning 2016.
Hasbro's leverage is expected to trend modestly under 2x, compared
with Mattel's 2017 year-end leverage of 11x and projected 2020
leverage of around mid-5x.

KEY ASSUMPTIONS

Fitch's Key Assumptions Within Its Rating Case for the Issuer

  -- Revenue in 2018 is expected to decline modestly to $4.8
billion from $4.9 billion in 2017 due to continued core product
challenges and the ongoing Toys 'R' Us bankruptcy and U.S.
liquidation process, somewhat offset by the benefit of recent
revenue-driving initiatives. Thereafter, revenue is expected to
improve toward $5 billion given modest benefits from the company's
topline initiatives.

  -- EBITDA margins, which declined from peak 22% levels in 2013 to
5.5% in 2017, are projected to improve to around mid-6% in 2018 on
cost reduction initiatives. EBITDA margins could improve toward 10%
by 2020. As a result, EBITDA could improve from $270 million in
2017 to around $300 million in 2018 and the $500 million range in
2020.

  -- Leverage, which increased to 10.8x in 2017 from 2.7x in 2016
on EBITDA declines and debt issuance, is expected to improve
modestly in 2018 to around 9.0x and to the mid-5.5x range in 2020
on EBITDA growth. Given modest FCF assumptions, Fitch expects
Mattel to refinance upcoming unsecured notes maturities, including
$250 million in 2020 and $350 million in 2021.

  -- Fitch expects FCF to improve from around negative $600 million
in 2017 to flat in 2018, and improve toward the $100 million range
in 2020 on EBITDA growth, suspension of the company's dividend and
the completion of cash restructuring charges in 2019.

RATING SENSITIVITIES

Developments that May, Individually or Collectively, Lead to
Positive Rating Action

  -- A positive rating action could result if leverage is sustained
below 5.5x through EBITDA growth toward $600 million.

Developments that May, Individually or Collectively, Lead to
Negative Rating Action

  -- Fitch could stabilize Mattel's rating given improved
confidence in the company's ability to meet its current base case
forecast.

  -- A negative rating action could be caused by lack of
stabilization in the top line or a rebound in margins which cause
EBITDA to stagnate below $400 million, yielding sustained breakeven
cash flow and leverage remaining elevated near current levels.

LIQUIDITY

Given industry seasonality, Mattel targets $800 million to $1
billion of cash on hand at year-end. Cash balances and the
company's commercial paper program have historically supported
working capital peaks in the third and fourth quarters leading into
the holiday season, as Mattel generates virtually all of its cash
in the fourth quarter.

As of March 31, 2018, the company had cash and cash equivalents of
$527 million. Mattel ended March 2018 with no borrowings on either
its commercial paper program or new ABL revolver. Fitch expects
Mattel to discontinue commercial paper usage in 2018, employing its
ABL revolver for seasonal working capital needs.

As of March 31, 2018, Mattel's leverage (total debt/EBITDA) was
12.1x. Mattel ended March with $2.9 billion of debt, including its
recently-issued $1 billion of senior guaranteed unsecured notes and
the remainder in senior nonguaranteed unsecured notes.

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following ratings:

Mattel, Inc.

  -- Long-term IDR at 'B+';

  -- Secured asset-backed revolving credit facility at
'BB+'/'RR1';

  -- Short-term IDR at 'B';

  -- Commercial paper program at 'B';

  -- Senior unsecured guaranteed notes at 'BB'/'RR2'.

Fitch has downgraded the following ratings:

Mattel, Inc.

  -- Senior unsecured nonguaranteed notes to 'B'/'RR5' from
'B+'/'RR4'.

The Rating Outlook is Negative.


MEEKER NORTH: Seeks Authorization to Use Cash Collateral
--------------------------------------------------------
Meeker North Dawson Nursing, LLC, asks the U.S. Bankruptcy Court
for the Northern District of Georgia to authorize Debtor's use of
cash collateral on an interim basis, pending the final hearing on
the Cash Collateral Motion.

In the course of operating its business, the Debtor incurs certain
operating expenses which are necessary for the continued operation
of such business. Unless authorized to use the cash collateral in
the ordinary course of business, Debtor's operations will be
impaired and Debtor's ability to reorganize will be jeopardized.

The Debtor mentions that all of its assets are pledged to First
Commercial Bank to secure a promissory note. The principal and
interest owed to First Commercial Bank as of the Petition Date
total approximately $1,785,750.

First Commercial Bank asserts liens upon and security interests
against all assets of the Debtor, including accounts receivable
owned by the Debtor, and the proceeds thereof, and against Debtor's
inventory, equipment and fixtures.

The Debtor believes that First Commercial Bank's security interests
are cross-collateralized among various entities related to the
Debtor, to wit: Marsh Pointe Management LLC, Ban NH LLC, Living
Center, LLC, Senior NH LLC, Oak Lake LLC, Kenmetal LLC, Harrah
Whites Meadows Nursing LLC, and MCL Nursing LLC.

As adequate protection for any interest First Commercial Bank may
have in cash collateral, the Debtor proposes:

     A. That First Commercial Bank be granted a security interest
in and lien upon Debtor's post-petition accounts receivable and
proceeds to the same extent and priority as its pre-petition lien
and interest in its pre-petition collateral;

     B. Continuation of the lien and security interest held by
First Commercial Bank in its pre-petition Collateral; and

     C. Provision of Debtor's monthly operating reports as required
by the United States Trustee and filed with the Court.

A full-text copy of the Cash Collateral Motion is available at

           http://bankrupt.com/misc/ganb18-56883-10.pdf

                About Meeker North Dawson Nursing

Meeker North Dawson Nursing, LLC, sought protection under Chapter
11 of the Bankruptcy Code (Bankr. N.D. Ga. Case No. 18-56883) on
April 24, 2018.  In the petition signed by Christopher F. Brogdon,
managing member, the Debtor estimated assets of less than $50,000
and liabilities of less than $1 million.  Theodore N. Stapleton
P.C. serves as its legal counsel.


MOUNTAIN CREEK: Wants Solicitation Period Extended to Sept. 4
-------------------------------------------------------------
Mountain Creek Resort, Inc., and its debtor-affiliates ask the U.S.
Bankruptcy Court for the District of New Jersey to extend the
period during which the Debtors have the exclusive right to solicit
votes on a Chapter 11 plan by approximately 90 days, from June 6,
2018, through and including Sept. 4, 2018.

A hearing on the request is scheduled for June 5, 2018, at 11:00
a.m. (ET).  Objections to the request must be filed by May 29,
2018, at 4:00 p.m. (ET).  
As reported by the Troubled Company Reporter on March 12, 2018, the
Court previously extended the Debtors' exclusive period during
which only the Debtors can file a plan of reorganization and
solicit acceptance of the plan through and including April 8, 2018,
and June 6, 2018, respectively.

The Debtors filed the Plan on March 13, 2018, prior to the
expiration of the Exclusive Plan Filing Period.  However, the
Debtors have not yet commenced the solicitation process.

The Debtors have made significant progress during the initial eight
months of their Chapter 11 cases including, but not limited to
these matters:

     a) resolving operational issues like obtaining authorization
to draw up to $5 million in debtor-in-possession financing and
receiving authorization for the use of cash collateral through
eight interim orders and a final approving financing and use of
cash collateral;

     b) negotiating and obtaining court approval of agreements with
critical vendors, utility providers, convenience class creditors,
and insurance providers;

     c) preparing the Debtors' Schedules of Assets and Liabilities,
and preparing amendments to the Schedules and Statements;

     d) meeting all requirements in the U.S. Trustee Guidelines and
complying reporting requirements in connection with the interim DIP
court orders;

     e) establishing a General Bar Date of Sept. 11, 2017, and a
Governmental Bar Date of Nov. 13, 2017;

     f) negotiating and obtaining court approval of a significant
lease agreement with Snow Creek, LLC, pursuant to which Snow Creek
has leased and is operating portions of the Debtors' winter
operations in exchange for a fixed fee, as well as additional fees
based on revenue targets;

     g) retaining a special financial advisor, Acacia Financial
Group, Inc., for the purpose of assessing the possibility of
restructuring the Debtors' obligations under the Sewer Agreement
and for preparing certain reports for use in negotiations with M&T,
the Committee, and other key stakeholders;

     h) reviewing and assessing executory contracts and leases,
negotiating with certain counterparties to the contracts and
leases, and filing a motion to assume certain unexpired leases on
Nov. 14, 2017, which motion was granted by order entered on Dec. 5,
2017;

     i) negotiating with Route 94 Vernon Associates, LLC, and
resolved Route 94's motion to compel the Debtors to assume or
reject their real property lease with Route 94 via a consent order
entered on Jan. 10, 2018, rejecting the lease and establishing
deadlines for Route 94 to file unsecured and administrative expense
claims; and

     j) attending to various other issues in connection with the
daily operation of the Debtors' businesses and navigating the
Chapter 11 cases.

The Debtors have also continued the process of negotiating,
litigating, or otherwise resolving the various claims against the
estates.  The Debtors have spent a significant amount of time
reviewing, assessing, and responding to various requests and
motions by personal injury and employment litigation plaintiffs
seeking stay relief or other resolutions to their claims.  The
Debtors are continuing to negotiate with certain of these claimants
and applicable insurance carriers regarding consensual resolutions
of these claimants' requests for stay relief.

Furthermore, the Debtors have continued to litigate various
adversary proceedings filed with respect to these Chapter 11 cases,
including, but not limited to, the Vernon Proceeding and the
adversary proceedings pending under Adv. No. 17-1719 and Adv. No.
17-1724.  On Feb. 7, 2018, the Court entered an order approving the
parties' selection of a mediator in the Worksite Proceeding.  The
Worksite Proceeding is still pending.  Moreover, the Debtors are
negotiating with the Prior Owner Noteholders regarding a resolution
of the Prior Owner Noteholders' pending state court action and the
Prior Owner Noteholders Proceeding.

The Debtors' motion to dismiss the Vernon Proceeding is scheduled
for a hearing on May 23, 2018.

The Debtors accomplished all of the aforementioned tasks while
continuing to manage their businesses and navigate their Chapter 11
cases.  They have successfully met the projections set forth in the
budgets approved by the Interim DIP Orders while paying
substantially all post-petition obligations on a timely basis.
Moreover, since the last motion to extend the exclusive periods to
file a plan and solicit votes thereon was filed in February 2018,
the Debtors negotiated and obtained entry of a final order
authorizing the Debtors to obtain post-petition financing up to $6
million and use cash collateral.

Finally, and perhaps most importantly, on March 13, 2018, the
Debtors filed a Chapter 11 plan and disclosure statement within the
Exclusive Plan Filing Period.  Various parties have raised informal
objections or filed formal objections to the Debtors' Disclosure
Statement, including, but not limited to, M&T, Vernon, and the
Committee.  The Disclosure Statement is currently scheduled to be
considered for approval by the Court on May 31, 2018.  The Debtors
have been in the process of engaging various key stakeholders in
discussions with the goal of resolving objections to their Plan and
Disclosure Statement.  The Debtors may need to seek a further
adjournment of the Disclosure Statement
Hearing.

The Debtors believe that a modest extension of their exclusive
right to solicit votes on a Chapter 11 plan will facilitate a
successful reorganization for the benefit of all stakeholders, in
light of the Debtors' ongoing discussions with key stakeholders
regarding resolutions of the various objections to their current
Plan.

A copy of the Debtors' request is available at:

            http://bankrupt.com/misc/njb17-19899-605.pdf

                    About Mountain Creek Resort

Mountain Creek Resort, Inc., owns and operates the Mountain Creek
Resort, a four-season resort located in Vernon, New Jersey.  The
Resort is the New York/New Jersey Metro area's closest ski resort
with 167 skiable acres on four mountain peaks, 1,040 vertical feet,
46 trails, and 11 lifts.  The Resort also operates and manages the
Appalachian Hotel and the Black Creek Sanctuary townhomes.

Mountain Creek Resort, Inc., and five affiliated debtors filed
voluntary petitions for relief under Chapter 11 of the Bankruptcy
Code (Bankr. D.N.J. Lead Case No. 17-19899) on May 15, 2017.  The
cases are pending before the Honorable Judge Stacey L. Meisel, and
jointly administered.

Mountain Creek estimated $10 million to $50 million in assets and
debt.

The Debtors hired Lowenstein Sandler LLP as bankruptcy counsel;
Houlihan Lokey Capital, Inc., as business consultant and investment
banker; and Prime Clerk LLC as claims and noticing agent.

On May 24, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  Trenk, DiPasquale,
Della Fera & Sodono, P.C., is the Committee's bankruptcy counsel.


NAVISTAR INT'L: Moody's Alters Outlook to Positive & Affirms B3 CFR
-------------------------------------------------------------------
Moody's Investors Service affirmed the B3 Corporate Family Rating
(CFR) and all other long-term ratings of Navistar International
Corp. (Navistar), but changed the outlook to positive from stable.
The company's Speculative Grade Liquidity rating is affirmed at
SGL-3.

RATING RATIONALE

Navistar's ratings reflect expectations for the company to continue
the significant operational and financial progress it has
demonstrated. Key areas of improvement include: 1) the broad-based
renewal of its truck and bus portfolio; 2) the resulting
improvement in market share in key segments; 3) the significant
reduction in used equipment inventory and warranty expenditures;
and 4) the steady improvement in profitability. These achievements
will enable Navistar to further benefit from rebounding demand in
the North American medium and heavy truck markets. Moody's expects
that demand levels will remain healthy into 2019.

Navistar's competitive position is further enhanced by the
strategic partnership with Volkswagen Truck and Bus (VWT&B). As
part of this arrangement, VWT&B (Its parent company Volkswagen
Aktiengesellschaft, A3/Stable) has taken a 16.9% ownership position
in Navistar, and entered into a joint purchasing program that
should reduce Navistar's operating cost by $200 million annually by
2022.

Navistar's liquidity position is adequate. It is supported by a $1
billion cash and marketable security position, and a $125 million
asset-backed revolver. In addition the company's internally
generated cash flow should be able to fund all working capital and
capital expenditure requirements during the next twelve months. The
company's $1 billion in balance sheet cash provides adequate
coverage for the $200 million in convertible debt maturing in
October 2018, and the debt maturing in early 2019.

The key risk facing Navistar is the ongoing cyclicality in the
North American truck market. Although the market will remain
cyclical, the magnitude of demand swings will likely be less
extreme than in the past. Moody's expects this moderation to occur
because future step-ups in emission regulation requirements will be
less onerous than in the past. Consequently, the historic pre-buy
in advance of new regulations will be less pronounced and will have
less impact on overall demand.

Navistar must also contend with the uncertainty surrounding NAFTA
negotiations. Virtually all of the company's class-8 trucks sold in
the US and Canada are produced in Mexico.

The positive outlook reflects Navistar's prospects for continuing
to strengthen its credit metrics due to its more competitive
operating position, the recovery in the North American truck
market, and the close strategic ties with VWT&B.

Navistar's ratings could be upgraded if the company continues to
demonstrate a positive trend in earnings improvement and market
share. Continued progress towards NAFTA negotiations that do not
result in any significant additional burden to the company's cost
position or competitiveness will help support an upgrade. Metrics
that would support an upgrade include an ability to sustain an
EBITA margin exceeding 4.5% and achieve EBITA/interest above 2x.

The rating could be lowered if there were material reversals in any
of the key areas in which Navistar has been making progress
including: market share, warranty costs, used truck inventory. An
EBITA margin below 2.5% or an erosion in the liquidity position
could contribute to a downgrade.

The principal methodology used in these ratings was Global
Manufacturing Companies published in June 2017.

The following summarizes Moody's rating action:

Outlook Actions:

Issuer: Navistar International Corp.

  Outlook, Changed To Positive From Stable

Issuer: Navistar, Inc.

  Outlook, Changed To Positive From Stable

Affirmations:

  Issuer: Cook (County of) IL

   Senior Unsecured Revenue Bonds, Affirmed B2 (LGD3)

  Issuer: Illinois Finance Authority

   Senior Unsecured Revenue Bonds, Affirmed B2 (LGD3)

  Issuer: Navistar International Corp.

   Probability of Default Rating, Affirmed B3-PD

   Speculative Grade Liquidity Rating, Affirmed SGL-3

   Corporate Family Rating, Affirmed B3

   Senior Subordinated Conv./Exch. Bond/Debenture, Affirmed Caa2
(LGD6)

   Senior Unsecured Regular Bond/Debenture, Affirmed Caa1 (LGD4)
  
  Issuer: Navistar, Inc.

   Senior Secured Bank Credit Facility, Affirmed Ba3 (LGD2)


NRC GROUP: S&P Assigns 'B' Corp. Credit Rating, Outlook Stable
--------------------------------------------------------------
S&P Global Ratings assigned its 'B' corporate credit rating to
Great River, N.Y.-based NRC Group Holdings LLC, the indirect parent
holding company of environmental services firm National Response
Corp., as well as to new subsidiary guarantor SES Holdco LLC. The
outlook is stable. S&P also assigned its 'B' issue-level ratings
and '3' recovery ratings to the proposed secured credit facilities.
The secured credit facilities consist of a $40 million revolving
credit facility due 2023 and a $358 million term loan due 2024.

S&P said, "We affirmed our 'B' corporate credit rating on
subsidiary guarantor JFL-NRC Holdings LLC and revised the outlook
to stable from negative. We also affirmed the issue-level ratings
of the debt under financing subsidiary NRC US Holding Co. LLC and
added Sprint Energy Services LLC as a co-issuer of the new
facilities. We intend to withdraw the ratings on the existing debt
issues once the proposed transaction closes.

"The affirmation reflects our view that National Response Corp.'s
(NRC's) credit measures will be weak following the recapitalization
transaction, but that liquidity will remain adequate. We see the
company ending 2018 with an adjusted debt to EBITDA ratio of
5.5x--the same as its year-end 2017 figure--before improving in
2019 as the full-year contributions from acquisitions are realized.
Despite the recapitalization adding over $120 million of debt to
NRC's capital structure, NRC's operational scale and cash flow
generation should improve sufficiently to offset the additional
debt burden without sacrificing credit quality.

"The stable outlook reflects our view that good demand and solid
pricing on its standby, environmental services, and waste disposal
services offerings will allow the company to generate appropriate
credit measures for the rating while maintaining adequate
liquidity. Better profitability stemming from the purchase of
Sprint Energy Services LLC along with synergies and ongoing
productivity improvements will support the ratings. Moreover, the
new capital structure will be covenant-lite and allow for
appropriate borrowing capacity. NRC  had difficulty keeping
covenant headroom levels adequate under its previous credit
facilities.

"We could lower our ratings on NRC if the company's operating
segments substantially weaken. The oil and gas end-market appears
to be relatively solid at present, but changes in geopolitical
events and macroeconomic factors could cause production and waste
volumes to decline. If an industry-wide reduction in demand,
increased customer churn, or a meaningful operational stumble (such
as a delay in expanding disposal capacity) causes the company's
adjusted debt-to-EBITDA ratio to exceed 6.5x, then this could
prompt a downgrade. This could happen if NRC's revenue grew by only
57% in 2018 compared to the 63% that we expect, while EBITDA
margins contracted by more than 250 bps from the level we expect in
2018. We could also lower our ratings if NRC pursued a sizable
debt-funded acquisition or if its liquidity position becomes less
than adequate.

"While unlikely in the next year, we could raise our ratings on NRC
if it significantly improves its credit measures and adopts and
maintains financial policies necessary to sustain this improvement.
The magnitude of improvement to NRC's credit measures would need to
be significant—indicated by an adjusted debt-to-EBITDA ratio of
less than 4x—in order to offset NRC's relatively small
operational scale and concentration in a highly cyclical
end-market. This would likely require an improvement over what we
expect of more than 600 bps in the company's revenue growth and
EBITDA margins. In addition, we would also expect NRC to prudently
finance its acquisitions, integrate them without any material
challenges, and maintain adequate liquidity."


OPTIMIZED LEASING: Needs More Time To Exclusively File Plan
-----------------------------------------------------------
Optimized Leasing, Inc., asks the U.S. Bankruptcy Court for the
Southern District of Florida to extend the exclusivity periods
during which only the Debtor can file a plan of reorganization and
solicit acceptance of the plan through and including July 6, 2018,
and Sept. 6, 2018, respectively.

The Debtor currently has until May 21, 2018, to exclusively file a
plan and July 20, 2018, to exclusively solicit acceptance of the
plan.

The Debtor is in the process of communicating with its creditors
and formulating the structure of its plan of reorganization.  In
addition, the Debtor has entered into agreed orders which provide
that the Debtor will file a plan of reorganization by July 2, 2018.
Based on the foregoing, the Debtor requests the exclusivity period
be extended a few days after July 2nd, and given the July
4th holiday, to July 6, 2018.

The Debtor assures the Court that the request for extension is not
submitted for purposes of delay and the Debtor submits that the
relief requested in this motion will not prejudice any party.

A copy of the Debtor's request is available at:

           http://bankrupt.com/misc/flsb18-10746-131.pdf

                     About Optimized Leasing

With its headquarters in Miami, Florida, Optimized Leasing, Inc.,
is in the trucking business.  Optimized Leasing utilizes its
various semi-trucks and trailers, some equipped with ThermoKing
refrigeration units, to transport flowers, fruits, vegetables, and
other perishable items throughout the U.S.

Optimized Leasing filed a Chapter 11 petition (Bankr. S.D. Fla.
Case No. 18-10746) on Jan. 21, 2018.  In the petition signed by CFO
Ronen Koubi, the Debtor estimated $10 million to $50 million in
assets and liabilities.  The Hon. Jay A. Cristol presides over the
case.  Elena P Ketchum, Esq., at Stichter Riedel Blain & Postler,
P.A., serves as bankruptcy counsel to the Debtor, and Bill Maloney
Consulting, is the financial advisor.


PARTS TOWN: Moody's Cuts 1st Lien Term Loan Rating to B3
--------------------------------------------------------
Moody's Investors Service downgraded PT Intermediate Holdings III,
LLC's, ("Parts Town") 1st lien senior secured term loan to B3 from
B2, including its proposed $73 million 1st lien TL add-on. Moody's
also affirmed the company's B3 Corporate Family Rating (CFR), B3-PD
Probability of Default rating (PDR) and Caa2 rating for its $82.5
million 2nd lien senior secured term loan. In addition, Moody's
changed the outlook to negative from stable.

Downgrades:

Issuer: PT Intermediate Holdings III, LLC.

Senior Secured Bank Credit Facility, Downgraded to B3(LGD3) from
B2(LGD3)

Outlook Actions:

Issuer: PT Intermediate Holdings III, LLC.

Outlook, Revised to Negative from Stable

Affirmations:

Issuer: PT Intermediate Holdings III, LLC.

Probability of Default Rating, Affirmed B3-PD

Corporate Family Rating, Affirmed B3

Senior Secured Bank Credit Facility, Affirmed Caa2(LGD5)

RATINGS RATIONALE

The downgrade of the 1st lien senior secured term loan to B3 from
B2 reflects the increased size of the facility as well as its
junior position to the $50 million senior secured first lien Asset
Based Loan facility and priority trade claims. The 1st lien does
benefit from its first lien priority position relative to other
debt and non-debt liabilities, predominantly the $82.5 million
senior secured 2nd lien term loan that provides some cushion to the
first lien debtholders in a default scenario. The affirmation of
the Caa2 rating on the 2nd lien term loan, two notches below the
CFR, reflects the term loans junior position in the company's
capital structure, specifically to the ABL and first lien term
loan.

The change in outlook to negative from stable reflects Moody's view
that Parts Town's acquisition of 3Wire's food service businesses
will result in credit metrics that will be materially weaker and
for a period of time well beyond its previous expectations. For the
period ending December 2017 and pro forma for the acquisition and
proposed financing Moody's adjusted leverage will be around 8.0
times. Parts Town will fund the acquisition with incremental debt.
The outlook also factors in the inherent challenge of seamlessly
integrating material acquisitions, particularly after acquiring a
number of businesses within a relatively short period of time.

Proceeds from the proposed $73 million incremental 1st lien term
loan will be used to finance the acquisition of 3Wire's food
service businesses as well as fund fees and expenses, accrued
interest and cash to the balance sheet.

Parts Town B3 CFR reflects the company's modest scale based on
revenues, ongoing acquisition strategy and high financial leverage
as well as revenue concentration and short track record following
its increase in scale. The ratings are supported by Parts Town's
relatively steady revenue stream, stable customer and supplier base
and adequate liquidity.

Factors that could result in a stable outlook include a track
record of successfully integrating acquisitions and steady organic
growth in revenue and earnings that results in lower leverage and
stronger interest coverage. Whereas an upgrade would require a
material improvement in credit metrics with debt to EBITDA below
4.5 times, EBITA to interest of over 2.5 times and retained cash
flow to debt of around 15%. A higher rating would also require good
liquidity.

Whereas an inability to improve credit metrics, particularly
leverage towards 6.0 over the next 12 to 18 months or a
deterioration in liquidity for any reason, could result in a
downgrade.

PT Intermediate Holdings III, LLC is a distributor of replacement
parts for commercial kitchen equipment and in addition provides
maintenance, repair and installation services to restaurants and
other foodservice operators. Annual revenues are approximately $400
million. PT Intermediate Holdings III, LLC is majority owned by
Berkshire Partners.



PRODUCTION PATTERN: Needs Time To Negotiate With Secured Creditor
-----------------------------------------------------------------
Production Pattern and Foundry Co., Inc., asks the U.S. Bankruptcy
Court for the District of Nevada to extend for the second time the
Debtor's exclusivity period during which only the Debtor may file a
plan of reorganization and solicit acceptances of the Plan through
and including Sept. 15, 2018 from June 15, 2018, and to continue
the hearing to consider approval of the Disclosure Statement to
July 17, 2018, at 3:30 p.m. from June 13, 2018, at 2:00 p.m.

As reported by the Troubled Company Reporter on March 19, 2018, the
Court previously extended, at the behest of the Debtor, the
exclusive period during which only the Debtor can file a plan of
reorganization by 90 days, through and including April 16, 2018.

On April 16, 2018, the Debtor filed its Plan and Disclosure
Statement.  The Debtor scheduled a hearing to obtain approval of
its Disclosure Statement for June 13, 2018, at 2:00 p.m.

The Debtor's primary secured creditor, Bank of the West, has
advised the Debtor of its intent to vigorously object to the
Disclosure Statement approval unless the Debtor and BOW are able to
resolve certain disagreements on mutually agreeable terms.
However, the key person at BOW is on vacation for a three-week
period and will not be available to engage in the required
negotiations with the Debtor prior to the current due date for
objections to the Disclosure Statement.  Thus, BOW has asked the
Debtor to continue the hearing on the Disclosure Statement so that
the parties can have sufficient time to engage in negotiations.

Because the Debtor's goal is to minimize its administrative costs,
Debtor believes it would be in the best interest of the estate to
avoid a contested Plan confirmation process.  The Debtor therefore
asks the Court to continue the hearing to consider approval of the
Disclosure Statement to a time on or about July 17, 2018, at 3:30
p.m.  The Debtor would also request that the Court extend the
exclusive period during which the Debtor can obtain continuation of
the Plan from June 15, 2018, to Sept. 15, 2018.

The Debtor assures the Court that extending the exclusivity periods
will in fact help move the case toward a sensible resolution, and
there is ample cause.  The extensions the Debtor seeks are neither
indefinite nor being used to force any creditor to accept an
undesirable plan.  The Debtor has already filed its Plan and is
only seeking an extension of the Section 1121(c)(3) period in order
to accommodate BOW's request for a continued hearing on the
Disclosure Statement approval in order to avoid a contested
confirmation process.  Since BOW is a secured creditor entitled to
attorneys' fees under its contracts with the Debtor, in addition to
its own legal fees, the Debtor would also be required to pay BOW's
legal fees in a contested confirmation process.  

A copy of the Debtor's request is available at:

           http://bankrupt.com/misc/nvb17-51106-187.pdf

               About Production Pattern and Foundry

Production Pattern and Foundry Co., Inc. -- http://www.ppfco.com/
-- is a TS-16949 Certified, casting foundry, producing aluminum
castings for a wide variety of industries.  PPF produces parts and
equipment components for a broad spectrum of markets -- from
chip-making equipment to drinking fountains.  Typical PPF customer
applications have included: housings mounting bases, manifolds,
valve bodies, door hinges and brackets.  The company also has
experience in heavy truck manufacturing, semiconductor chip
manufacturing equipment, medical and dental equipment
manufacturing, construction, utility, packaging machinery and
sports equipment industries.

Production Pattern filed a Chapter 11 petition (Bankr. D. Nev. Case
No. 17-51106) on Sept. 20, 2017.  In the petition signed by Arlene
Cochran, president, the Debtor estimated assets and liabilities of
$10 million to $50 million.  The case is assigned to Judge Bruce T.
Beesley.  The Debtor hired Minden Lawyers, LLC, as its bankruptcy
counsel and Harris Law Practice LLC as co-counsel.


PT HOLDINGS: S&P Affirms 'B-' Corp. Credit Rating, Outlook Stable
-----------------------------------------------------------------
S&P Global Ratings affirmed its 'B-' corporate credit rating on
Addison, Ill.–based PT Holdings LLC. The outlook is stable.

S&P said, "We also affirmed our 'B-' issue-level rating on the
company's senior secured first-lien term loan due in 2024
(including the proposed $73 million add-on). The recovery rating is
'3', reflecting our expectation for meaningful (50%-70%, rounded
estimate 60%) recovery in the event of a default.

"At the same time, we affirmed our 'CCC' issue-level rating on the
company's $82.5 million senior secured second-lien term loan due
2025. The recovery rating is '6', reflecting our expectation for
negligible (0%-10%, rounded estimate 0%) recovery in the event of a
default.  

"Pro forma for transaction, we expect the company will have about
$363 million in total reported debt outstanding.

"Despite higher debt levels and weaker credit measures, the rating
affirmation reflects our expectation that Parts Town will continue
to increase revenue and profit by expanding its master distribution
programs (MDPs) and winning new customer and OEMs, and will improve
free cash flow to around $10 million and reduce debt to EBITDA
below 8x in the next 12 to 18 months. The company's operating
performance has been generally in line with our expectation despite
some one-time cost related to facility relocation, which has
contributed to negative free cash flow generation. We also expect
the majority of the one-time capital expenditure (capex) in 2017
related to the e-commerce platform upgrade and a new distribution
facility to roll off this year. Therefore, we forecast debt to
EBITDA to decline to the high-7x area by the end of 2018 and the
low-7x area by the end of 2019, and free cash flow to be almost
breakeven in 2018 and around $10 million in 2019.  

"The stable outlook reflects our expectation that Parts Town will
continue to expand revenue and profit by expanding its MDPs,
winning new customer and OEMs, and improve free cash flow to around
$10 million and reduce debt to EBITDA below 8x in the next 12 to 18
months.

"We could lower our ratings if operating performance declines,
leading to weaker profitability and continued negative free cash
flows, such that we would question the company's ability to meet
its financial commitments absent favorable business, financial, and
economic conditions, and we deem those financial commitments to be
unsustainable in the long term. Such events would likely be driven
by escalating competition from other players in the space, losing
MDPs from OEMs or losing major customers.

"We could raise our ratings if the company continues to generate
revenue and profit growth, improving debt to EBITDA to around 7x,
coupled with positive free cash flow generation. This could occur
if the company continues to see stable volumes from its existing
customers, expand its MDPs with OEMs, and wins new customers."


QUADRANGLE PROPERTIES: May 29 Auction Sale of Jackson Property Set
------------------------------------------------------------------
Judge Edward Ellington of the U.S. Bankruptcy Court for the
Southern District of Mississippi authorized Quadrangle Properties,
Inc.'s sale of real property located at 5846 Ridgewood Road,
Jackson, Mississippi free and clear of liens, claims and interests
to the highest bidder on May 29, 2018 at 1:30 p.m. via public
auction to be conducted by Nick Clark.

Once the Debtor secures a purchaser, it will ask Court approval of
the specific buyer and terms of the sale.  The auction will be
conducted at the Property.  All valid liens, claims and security
interests in, to or upon the assets will attach to the sales
proceeds.

CadleRock IV, LLC is specifically reserved of the right to credit
bid on the subject property at the auction, based on the debt owed
to it by the Debtor and its senior lien position.

The hearings set for May 30, 2018 on CadleRock's Motion to Lift
Automatic Stay and for Abandonment, as well as the United States
Trustee's Motion to Dismiss or Convert, will remain on the docket
and will go forward at the time scheduled.  In the event the
subject property is sold at the auction scheduled for May 29, 2018,
the parties will make such announcement to the Court at the time
scheduled for the hearings.

Notwithstanding the status and scheduling of the hearings on
CadleRock's Motion to Lift Automatic Stay and for Abandonment, and
the United States Trustee's Motion to Dismiss or Convert, in the
event the proposed sale of the property scheduled for May 29, 2018
does not occur for any reason, the automatic Stay will be lifted,
terminated, and annulled without further motion, or order of the
Court, or notice by CadleRock or any other party, effective as of
12:01 a.m., May 30, 2018, and the stay of execution will be
waived.

In addition, in the event the subject property is sold at the
auction, a motion to approve the sale stating the identity of the
winning bidder, the purchase price, and other pertinent terms of
sale will be filed and noticed out by the Debtor no later than May
31, 2018.  In the event the Debtor fails to file the motion to
approve the sale by l1:59 p.m. on May 31, 2018, the automatic stay
will be lifted, terminated, and annulled without further motion, or
order of the Court, or notice by CadleRock or any other party,
effective as of 12:01 a.m. June 1, 2018 and the stay of execution
will be waived.

Upon approval of the sale, the closing will be conducted and
finalized within five business days, at which time a warranty deed
or its equivalent will be delivered to the successful purchaser.
In the event a person, other than CadleRock, will be the winning
bidder, the proceeds of sale minus commissions and minus any fee
owed to the U.S. Trustee will be paid at that time.  In the
event CadleRock is the successful bidder, no commission will be
paid to the real estate broker for brokerage or auctioneer fees or
any other reason, nor will any payment be required of CadleRock for
any expenses of sale, nor will CadleRock be responsible for any
payments owed to the United States Trustee.  The Debtor will file a
Report of Sale as required by Fed. R. Bankr. P. 6004 (t)(1) and
attach thereto a copy of the settlement statement or other closing
document within 14 days of the sale closing.

In the event the sale is not approved for any reason, the automatic
stay will be lifted, terminated, and annulled without any further
motion, or order of the Court, or notice by CadleRock or any other
party, effective as of the entry of the order denying approval of
the sale, and the stay of execution will be waived and the case
will be dismissed.

The Debtor expressly represents that its sole member and principal,
R. Don Williams, has specifically acknowledged, agreed, and
approved the proposed auction of the subject property, and that he,
in his individual capacity, waives any objection he might have to
the ultimate purchase price and terms of sale, both in the case and
in that action styled CadleRock IV, LLC, vs. R. Don Williams, Cause
No. 3:18-cv-196-CWR-FKB, pending in the U.S. District Court for the
Southern District of Mississippi.

                   About Quadrangle Properties

Quadrangle Properties, Inc., headquartered in Jackson, Mississippi,
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
S.D. Miss. Case No. 17-01469) on April 18, 2017.  R. Don Williams,
president, signed the petition.  The Debtor estimated assets of $1
million to $10 million and liabilities of $500,000 to $1 million.
The Hon. Edward Ellington is the case judge.  Craig M. Geno, Esq.,
at the Law Offices of Craig M. Geno, PLLC, serves as the Debtor's
legal counsel.


QUALITY PRIMARY CARE: May Use Cash Collateral on Interim Basis
--------------------------------------------------------------
The Hon. Janet S. Baer of the U.S. Bankruptcy Court for the
Northern District of Illinois signed an interim order authorizing
Quality Primary Care, P.C. to use cash collateral in accordance
with and subject to the uses and expense limitations set forth in
the Budget.

As of the Petition Date, the Debtor is indebted and liable to Mercy
Hospital and Medical Center in the aggregate amount of not less
than $66,255 as set forth in the Eviction Order entered on March
18, 2018 and other orders in Case No. 17 M1 721179 in Cook County,
Illinois.

As adequate protection, the Debtor will tender to Mercy Hospital
the sum of $2,000 per month, commencing May 15, 2018 and on the
15th day of each month thereafter.

In addition, Mercy Hospital is granted the following:

     (a) Replacement security interests and liens in the business
assets, income of the Debtor, and all property of the estate
acquired on or after the Petition Date.

     (b) Mercy Hospital's citation lien against the assets held at
Lake Side Bank and its citation liens on Aetna Health, Inc. and
Blue Cross and Blue Shield Association will remain in effect, but
effectively held in abeyance from the effective date of the Interim
Order until subsequent or the Court. To the extent the Debtor needs
funds released from one of the Citation Respondents to meet
Court-authorized budget, counsel for Mercy Hospital will
communicate with the applicable Citation Respondent and authorize
release of said funds.

A full-text copy of the Interim Order is available at

               http://bankrupt.com/misc/ilnb18-11238-20.pdf

                     About Quality Primary Care

Quality Primary Care, P.C., operates a Medical Practice at Mercy
Hospital and Medical Center, 2525 S. Michigan Avenue, Chicago,
Illinois.

Quality Primary Care filed a Chapter 11 petition (Bankr. N.D. Ill.
Case No. 18-11238), on April 17, 2018.  In the petition signed by
its president, Niva Lubin-Johnson, MD, the Debtor estimated less
than $50,000 in assets and $50,000 to $100,000 in liabilities. The
case is assigned to Judge Janet S. Baer.  The Debtor is represented
by William E. Jamison, Jr., Esq. at  William E. Jamison &
Associates.


RENAISSANCE PARTNERS: Proposes to Pay $140K to Unsecured Creditors
------------------------------------------------------------------
Unsecured creditors of Renaissance Partners, LLC, will be paid
$140,000 under the company's proposed Chapter 11 plan.

According to the plan, creditors holding Class 7 unsecured claims
will be paid a pro-rata portion of $5,000 per quarter for 28
quarters for a total of $140,000.  

The first quarterly payment will be due on the effective date of
the plan and subsequent payments will be made on the first day of
each quarter thereafter.

All disputed claims will either be disallowed or paid by insurance
proceeds.  If any disputed claim is allowed and not paid by
insurance proceeds, then the creditor will receive a pro rata share
of $5,000 per quarter and the payments on all other allowed claims
will be reduced accordingly.  

Based on undisputed unsecured claims not covered by insurance
proceeds of $402,530.57, these payments will result in a 35%
dividend to unsecured creditors.

David Groner, Michael Valls, and Edward Bell will pay Renaissance
$20,000 in new value to retain their current ownership interests in
the company.  The company will use the new value contributed and
the cash generated by operations to pay its creditors, according to
Renaissance's disclosure statement filed with the U.S. Bankruptcy
Court for the Western District of Louisiana.

A copy of the disclosure statement is available for free at:

     http://bankrupt.com/misc/ilnb17-24246-84.pdf

                  About Renaissance Partners

Based in New Iberia, Louisiana, Renaissance Partners, LLC is a
privately-held company that owns a real property located at 1278
School Street, 1230 Main Street, Hackberry, Louisiana, valued by
the company at $1.65 million.

Renaissance Partners sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. La. Case No. 18-50024) on Jan. 9,
2018.  David Groner, member, signed the petition.  

At the time of the filing, the Debtor disclosed $1.92 million in
assets and $2.22 million in liabilities.  

Judge Robert Summerhays presides over the case.  The Debtor hired
Weinstein & St. Germain, LLC, as its legal counsel.


RESOLUTE ENERGY: Appoints Three New Directors
---------------------------------------------
Resolute Energy Corporation has appointed three new outside
directors, determined to seek stockholder approval of a proposal to
declassify its Board of Directors and reached a settlement with
Monarch Alternative Capital LP.

In addition, as part of its ongoing effort to enhance stockholder
value, the expanded Resolute Board will promptly conduct an
in-depth review, assisted by its financial advisers, Goldman Sachs
& Co. LLC and Petrie Partners, LLC, of Resolute's business plan,
competitive positioning and any potential strategic alternatives
that will enhance the Company's goal of creating stockholder
value.

The newly appointed directors are Joseph Citarrella, managing
principal of Monarch Alternative Capital LP; Wilkie Colyer,
Principal of Goff Capital, Inc.; and Robert Raymond, founding
member and portfolio manager of RR Advisors, LLC d/b/a RCH Energy.
Mr. Citarrella will serve in the director class that will stand
again for election in 2019 and Messrs. Colyer and Raymond will
serve in the director class that will stand again for election in
2020.  As a result of these appointments, the Board will comprise
11 directors.

Rick Betz, Resolute's chief executive officer, said, "We are
excited to welcome Joe, Wilkie and Rob to the Resolute Board and
welcome their input as stockholder representatives.  They each
bring independent perspectives and significant expertise in areas
critical to the continued success of Resolute.  On behalf of the
Board, I look forward to building on the Company's strong momentum
and working together with Joe, Wilkie and Rob as we execute our
2018 operating plan and drive significant production growth.
Furthermore, we believe that the in-depth strategic review will
help ensure the Company continues to consider all avenues to
further enhance stockholder value."

Joseph Citarrella, managing principal of Monarch Alternative
Capital LP, said, "As long-term investors of Resolute, we are
pleased to have worked constructively with Resolute's Board and
management to reach this agreement.  We have seen the successful
transformation of Resolute into a pure play Permian basin operator
and believe there is still significant upside potential from here.
I look forward to participating in the strategic review to be
launched by the newly expanded Board.  We also welcome the proposed
de-classification of the Board, bringing Resolute in line with an
important corporate governance best practice."

Resolute's directors are currently divided into three classes, with
the members of each class serving staggered three-year terms.  At
its 2018 Annual Meeting, the Company will seek stockholder approval
to amend Resolute's certificate of incorporation to provide for the
declassification of the Board.  If approved by the Company's
stockholders at the 2018 Annual Meeting, each director elected at
the 2018 Annual Meeting and each director elected at each future
annual meeting will be elected for a one-year term such that
commencing with the 2020 Annual Meeting, all directors standing for
election at such meeting will be elected for one-year terms.

"Resolute is committed to taking actions that address stockholder
feedback and are in the best interests of the Company and all of
its stockholders.  To that end, and following extensive engagement
with stockholders, we decided to make certain changes to enhance
the Company's governance.  Today's actions demonstrate our
commitment to strong corporate governance and Board refreshment,"
Betz commented.

Monarch Energy Holdings LLC and Monarch Alternative Capital LP,
currently own approximately 9.5% of the Company's outstanding
shares.  Under the terms of the settlement agreement, Monarch will
withdraw its nominations for directors at the 2018 Annual Meeting,
vote its shares in favor of all of the Board's nominees at the 2018
Annual Meeting and abide by customary standstill provisions and
voting commitments.  

Goldman Sachs & Co. LLC and Petrie Partners, LLC served as
financial advisors to the Company.  Arnold & Porter and Wachtell,
Lipton, Rosen & Katz served as legal counsel to the Company.
Willkie Farr & Gallagher LLP served as legal counsel to Monarch
Alternative Capital LP.

                     About Joseph Citarrella

Joseph Citarrella is a managing principal at Monarch Alternative
Capital LP.  In addition to his investment responsibilities at
Monarch, Mr. Citarrella has served since August 2017 as
non-executive Chairman of the Board of Vanguard Natural Resources,
Inc., a Houston-based independent oil and gas company.  Prior to
joining Monarch in May 2012, Mr. Citarrella was an Associate at
Goldman Sachs in the Global Investment Research group, covering the
integrated oil, exploration and production, and refining sectors.
Mr. Citarrella received a B.A. in Economics from Yale University.

                      About Wilkie Colyer

Wilkie Colyer is a principal for Goff Capital, Inc., the family
office of John C. Goff, and senior vice president, Investments of
Goff Focused Strategies LLC, an exempt reporting advisor with the
SEC.  Goff Capital and private funds advised by GFS hold more than
7% of the Company's common stock.  Since joining Goff Capital in
2007, Mr. Colyer has been responsible for all energy investing for
Goff Capital and GFS and has held a material role in public and
private investments in sectors including financial services and
real estate, among others.  Mr. Colyer has served on the board of
directors of Mid-Con Energy Partners, LP since 2017.  Mr. Colyer
received a Bachelor of Arts in Economics from the University of
Texas at Austin.  Mr. Colyer holds the Chartered Financial Analyst
designation and is a member of the CFA Society of Dallas-Fort
Worth.
                      About Robert Raymond

Robert Raymond is the founding member and portfolio manager of RR
Advisors, LLC d/b/a RCH Energy which acts as the Registered
Investment Advisor (RIA) to a series of private investment
partnerships and separately managed accounts.  RR Advisors, LLC was
founded in 2004 in partnership with Trammell Crow Interests
Company, d/b/a Crow Family Holdings, and its affiliates, a family
office headquartered in Dallas, TX.  Mr. Raymond joined Crow Family
Holdings in May of 1994 and subsequently built and managed their
energy investment program from 1996-2004.  Mr. Raymond is a
founding member and advisory board member of IOG Capital, LP, an
independent board member of Navitas Midstream, LLC, Decisions
Sciences International Corporation, Streamline Chemical
Corporation, V EYE P, LLC and a board member of the Episcopal
School of Dallas.  Mr. Raymond is involved in several private
investment activities related to the oil and gas industry including
the oilfield services sector, minerals, royalties and specialized
technology applications.  Mr. Raymond graduated from the University
of Wisconsin in 1994 with a Bachelor of Arts Degree in Economics.

                      About Resolute Energy

Based in Denver, Colorado, Resolute Energy Corp. (NYSE:REN) --
http://www.resoluteenergy.com/-- is an independent oil and gas
company focused on the acquisition and development of
unconventional oil and gas properties in the Delaware Basin portion
of the Permian Basin of west Texas.

Resolute incurred a net loss available to common shareholders of
$7.70 million in 2017 following a net loss available to common
shareholders of $161.7 million in 2016.  As of March 31, 2018,
Resolute Energy had $686.27 million in total assets, $767.86
million in total liabilities and a total stockholders' deficit of
$81.59 million.


RESOLUTE ENERGY: John Goff Has 8.5% Stake as of May 15
------------------------------------------------------
In a Schedule 13D/A filed with the Securities and Exchange
Commission, these reporting persons disclosed beneficial ownership
of shares of common stock of Resolute Energy Corporation as of
May 15, 2018:

                                         Shares     Percentage
                                      Beneficially     of
    Reporting Person                      Owned      Shares
    ----------------                  ------------  ----------
John C. Goff                           1,963,302       8.5%

The John C. Goff 2010                    590,063       2.5%
Family Trust

Goff Family Investments, LP              110,000       0.5%

Kulik Partners, LP                        82,000       0.4%

Cuerno Largo Partners, LP                 42,000       0.2%

The Goff Family Foundation                15,360       0.1%

JCG 2016 Holdings, LP                    704,891       3.0%

Goff REN Holdings, LLC                   252,139       1.1%

Goff REN Holdings II, LLC                103,900       0.4%

Cuerno Largo, LLC                         42,000       0.2%
Kulik GP, LLC                             82,000       0.4%

Goff Capital, Inc.                       110,000       0.5%

JCG 2016 Management, LLC                 704,891       3.0%

GFS REN GP, LLC                          356,039       1.5%

The 58,449 Shares purchased by John C. Goff individually, and the
4,500 Shares held in family members' accounts over which he shares
investment and/or dispositive power, were purchased with personal
funds in open market purchases.  The aggregate purchase price of
those Shares beneficially owned by John C. Goff is approximately
$304,500.

The aggregate percentage of Shares reported beneficially owned by
Goff Family Trust, Goff Family Investments, Kulik Partners, Cuerno
Partners, Goff Foundation, Goff Capital, Kulik GP and Cuerno GP is
based upon 23,160,922 Shares outstanding, which is the total number
of Shares outstanding as confirmed by the Issuer as of May 7, 2018.
The aggregate percentage of Shares reported beneficially owned by
JCG 2016 Holdings, JCG 2016 Management, and John C. Goff is based
upon 23,228,645 Shares outstanding, which is the total number of
Shares outstanding as confirmed by the Issuer as of May 7, 2018,
plus the number of Shares issuable upon conversion of the Preferred
Stock beneficially owned by such Reporting Persons.

A full-text copy of the regulatory filing is available at:

                      https://is.gd/AnJ2Ia

                      About Resolute Energy

Based in Denver, Colorado, Resolute Energy Corp. (NYSE:REN) --
http://www.resoluteenergy.com/-- is an independent oil and gas
company focused on the acquisition and development of
unconventional oil and gas properties in the Delaware Basin portion
of the Permian Basin of west Texas.

Resolute incurred a net loss available to common shareholders of
$7.70 million in 2017 following a net loss available to common
shareholders of $161.7 million in 2016.  As of March 31, 2018,
Resolute Energy had $686.27 million in total assets, $767.86
million in total liabilities and a total stockholders' deficit of
$81.59 million.


RISE ENTERPRISES: Seeks Access to Cash Collateral Until May 31
--------------------------------------------------------------
Rise Enterprises, S.E., asks the U.S. Bankruptcy Court for the
District of Puerto Rico to authorize its use of the cash collateral
of Banco Popular De Puerto Rico, Inc. until May 31, 2018.

On April 30, 2018 Banco Popular and Rise further agreed to extend
the cash collateral agreement from May 1, 2018 to May 31, 2018, for
which Rise agreed to pay $4,200 as interim adequate payment.
Appearing parties also agreed that Rise will pay: (1) the
outstanding April, 2018's adequate protection payment on or before
May 4, 2018; (2) the overdue balance of interim adequate
compensation payments (i.e. February and March, 2018) on or before
May 31, 2018; and (3) the May, 2018's adequate protection payment
on or before May 31, 2018.

Rise states that use of the cash collateral pursuant to the terms
and conditions set forth above is fair, reasonable, and protects
Banco Popular de Puerto Rico's interests.

A full-text copy of the Joint Cash Collateral Motion is available
at

            http://bankrupt.com/misc/prb17-04678-97.pdf

                        About Rise Enterprises

Rise Enterprises, S.E., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D.P.R. Case No. 17-04678) on June 30, 2017.
In the petition signed by Ismael Falcon Ortega, partner, the
Debtor estimated assets of less than $1 million and liabilities of
$1 million to $10 million.  Judge Mildred Caban Flores presides
over the case.  Mary Ann Gandia, Esq., at Gandia- Fabian Law
Office, serves as the Debtor's bankruptcy counsel.


ROSENBAUM FEEDER: Fifth Agreed Cash Collateral Order Entered
------------------------------------------------------------
The Hon. Paul M. Black of the U.S. Bankruptcy Court for the Western
District of Virginia has entered a fifth agreed order authorizing
Rosenbaum Feeder Cattle, LLC to continue using cash collateral.

The Debtor and Farm Credit of the Virginias, ACA have agreed that
the Debtor can continue to use cash collateral under the terms set
forth the Fifth Agreed Order.

The Debtor acknowledges that Rosenbaum Feeder Cattle, Rosenbaum
Farm, LLC, William McCann Rosenbaum, and William Todd Rosenbaum are
co-makers of six notes in favor of Farm Credit.

Farm Credit asserts that the Notes are secured by, among other
assets of the Debtor, a first position priority security interest
in all cash and cash equivalents resulting from the purchase and
sale of cattle, including accounts and receivables of the Debtor,
which constitute cash collateral.

The Debtor's primary source of income is the operation of a feeder
cattle operation. In the ordinary course of business, the Debtor
uses its income to pay all necessary and required expenses of the
Debtors. These Operating Expenses include: (a) the payment of
$12,000 per month for bankruptcy counsel to be held in the escrow
account of Stoll Keenon Ogden PLLC pending allowance of fees and
expenses by the Court, and (b) the payment of U.S. Trustee fees.
However, the amount budgeted for professional and expert fees will
be increased to $20,000 per month for the months of June, July, and
August if the parties conduct confirmation-related discovery and/or
if any objections to the Debtor's proposed plan of reorganization
are filed.

Farm Credit, as a secured lender, will be entitled to: (a) a
monthly payment of $20,000 in May, June, July, and August 2018, and
(b) replacement liens in post-petition proceeds generated by the
sale of collateral and in the Collateral itself to the same extent,
validity, and priority as existed on the Petition Date, which is
deemed to be sufficient on an interim basis to adequately protect
Farm Credit from any diminution in the value of its Cash
Collateral.

The replacement liens granted to Farm Credit will be in addition
to, and not in lieu or substitution of, the rights, obligations,
claims, security interests, and prepetition liens and priorities
granted under the existing agreements between the parties. The
replacement liens will be subject only to any valid, enforceable,
perfected, and non-avoidable liens and will be junior to the
Debtor's obligation to pay United States Trustee Fees and will be
junior to allowed administrative expense claims in the event the
case converts to a case under Chapter 7.

As additional adequate protection, the Debtor will continue to
account for all cash use, and the proposed cash use as set forth in
the Budget is being incurred primarily to preserve property of the
Estate.

A full-text copy of the Order is available at

                http://bankrupt.com/misc/vawb17-70963-126.pdf

                     About Rosenbaum Farm
                     and Rosenbaum Feeder

Rosenbaum Farm, LLC, and Rosenbaum Feeder Cattle, LLC, own a hog
feedlot facility at 36000 Allison Lane, Glade Spring, Virginia.
William McCann Rosenbaum and William Todd Rosenbaum are father and
son respectively.  William and Todd Rosenbaum are the sole owners
of Rosenbaum Farm.  The Farm has been in the Rosenbaum family for
four generations.

Rosenbaum Farm and Rosenbaum Feeder Cattle sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. W.D. Va. Case Nos.
17-70962 and 17-70963) on July 20, 2017.  William Todd Rosenbaum,
its secretary and treasurer, signed the petitions. The Debtors'
cases were consolidated for procedural purposes on Aug. 17, 2017.

At the time of the filing, the Debtors estimated assets and
liabilities of $1 million to $10 million.

Judge Paul M. Black presides over the cases.  

The Debtors hired Stoll Keenon Ogden PLLC as bankruptcy counsel,
and Browning, Lamie & Gifford, P.C., as local counsel.  The Debtors
hired Hicok, Fern & Company CPAs as their accountant and financial
advisor.


SHEET METAL AIR: Plan Outline Okayed, Plan Hearing on June 14
-------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Texas will
consider approval of the Chapter 11 plan of reorganization for
Sheet Metal Air Plus Co., Inc. at a hearing on June 14.

The court will also consider at the hearing final approval of the
company's disclosure statement, which it conditionally approved on
May 10.

The order set a June 11 deadline for creditors to file their
objections and submit ballots of acceptance or rejection of the
plan.

General unsecured creditors are classified into two classes.  Class
2 is for claims of $1,500 or less and will receive a distribution
of 100% of their allowed claims, to be distributed in two monthly
payments commencing on the first day of the month following the
effective date, or earlier if Plan feasibility would not be
jeopardized.  Class 3 is for general unsecured claims in higher
amounts and will receive 100% of their allowed claims in 36 monthly
installments beginning on the effective date.

The sources of the Debtor's payments to creditors will be the
regular operation of the business.

A full-text copy of the Disclosure Statement is available at:

            http://bankrupt.com/misc/txwb17-31270-45.pdf

                   About Sheet Metal Air Plus

Sheet Metal Air Plus Co., LLC, is an HVAC systems installation
business.  

Sheet Metal Air Plus sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Tex. Case No. 17-31270) on Aug. 10,
2017.  The petition was signed by its sole member, Alberto Ortiz.

The Debtor estimated assets of less than $50,000 and liabilities
between $100,000 and $500,000.

Judge H. Christopher Mott presides over the case.

E.P. Bud Kirk, Esq., is the Debtor's legal counsel.  John Leeper,
Esq., is the Debtor's special tax counsel.

On April 9, 2018, the Debtor filed its proposed Chapter 11 plan of
reorganization.


SOURCINGPARTNER INC: Has Until July 17 to Obtain Acceptance of Plan
-------------------------------------------------------------------
The Hon. Brenda T. Rhoades of the U.S. Bankruptcy Court for the
Eastern District of Texas has extended through and including July
17, 2018, the exclusive period during which only Sourcingpartner,
Inc., can solicit acceptance of the Debtor's plan of
reorganization.

The Court has also extended through and including May 18, 2018, the
exclusive period during which only the Debtor can file a plan.

As reported by the Troubled Company Reporter on March 26, 2018, the
Debtor asked that the Court to extend through May 18, 2018, the
exclusive period during which only the Debtor can file a plan,
saying that it has been working diligently to recover from some
serious accounting errors that occurred under the previous CEO, and
also has been working diligently to increase its book of business
since the Petition Date.

                  About Sourcingpartner Inc.

Sourcingpartner, Inc., based in McKinney, Texas, is in the
stationery and office supplies industry.  It is a small business
debtor as defined in 11 U.S.C. Section 101(51D).

Sourcingpartner sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Texas Case No. 17-42777) on Dec. 17,
2017.  In the petition signed by CEO Philip J. Leckinger, the
Debtor estimated assets of less than $500,000 and liabilities of $1
million to $10 million.  Judge Brenda T. Rhoades presides over the
case.  The Harvey Law Firm, P.C., is the Debtor's legal counsel.


SOUTHCROSS ENERGY: Acting CEO Will be Paid a Salary of $150,000
---------------------------------------------------------------
As previously disclosed, on March 4, 2018, the Board of Directors
of Southcross Energy Partners GP, LLC, the general partner of
Southcross Energy Partners, L.P., appointed David Biegler, as
acting chairman, president and chief executive officer of the
General Partner in connection with the announcement that Bruce A.
Williamson, the chairman, president and chief executive officer was
beginning a medical leave of absence.  On May 10, 2018, the Board,
upon recommendation of the Compensation Committee, determined that
Mr. Biegler will be entitled to receive $150,000 as compensation
for his service as acting chairman, president and chief executive
officer.  Mr. Biegler is not entitled to any other benefits of
employment provided to other employees of the General Partner.

Mr. Biegler will continue to participate in the General Partner's
non-employee director compensation arrangements as disclosed in the
Partnership's Annual Report on Form 10-K for the year ended Dec.
31, 2017 and will be reimbursed for certain expenses including
those incurred in attending Board and committee meetings.

                     About Southcross Energy

Southcross Energy Partners, L.P. --
http://www.southcrossenergy.com/-- is a master limited partnership
that provides natural gas gathering, processing, treating,
compression and transportation services and NGL fractionation and
transportation services.  It also sources, purchases, transports
and sells natural gas and NGL.  Its assets are located in South
Texas, Mississippi and Alabama and include two gas processing
plants, one fractionation plant and approximately 3,100 miles of
pipeline.  The South Texas assets are located in or near the Eagle
Ford shale region.  Southcross is headquartered in Dallas, Texas.

Southcross Energy incurred a net loss of $67.59 million in 2017
compared to a net loss of $94.94 million in 2016.

As of March 31, 2018, Southcross had $1.08 billion in total assets,
$603.42 million in total liabilities and $482.78 million in total
partners' capital.

                          *     *     *

In February 2017, S&P Global Ratings said that it affirmed its
'CCC+' corporate credit and senior secured issue-level ratings on
Southcross Energy Partners L.P.  The outlook is stable.  The rating
action reflects S&P's view that the recent credit agreement
amendment limits the likelihood of a default in the next two years
as the partnership will have an improved liquidity position and
need no longer adhere to its leverage covenants.

The TCR reported on Jan. 13, 2016, that Moody's Investors Service
downgraded Southcross Energy's Corporate Family Rating to 'Caa1'
from 'B2'.  Southcross' Caa1 CFR reflects its high financial
leverage, limited scale, concentration in the Eagle Ford Shale and
Moody's expectation of continued high leverage and challenging
industry conditions into 2017.


SPANISH BROADCASTING: Delays Filing of First Quarter Form 10-Q
--------------------------------------------------------------
Spanish Broadcasting System, Inc. notified the Securities and
Exchange Commission that it will delayed in filing its Quarterly
Report on Form 10-Q for the period ended March 31, 2018.

Spanish Broadcasting has not yet filed its Annual Report on Form
10-K for the fiscal year ended Dec. 31, 2017 due to its needing
more time to resolve the accounting treatment and complete the
disclosure requirements regarding certain income tax related
matters.  The Company determined that it was necessary and prudent
to delay the filing of the Quarterly Report on Form 10-Q to allow
management to focus on completing the Annual Report.  Due to the
competing demands on management, the delay in filing the Form 10-Q
could not be avoided.

The Company currently expects to file the Form 10-Q no later than
the fifth calendar day (or since the fifth calendar day falls on a
Sunday, the next business day after the fifth calendar day)
following the required filing date, as permitted by Rule 12b-25.

                      About Spanish Broadcasting

Based in Miami, Florida, Spanish Broadcasting System, Inc.
(OTCMKTS:SBSAA) -- http://www.spanishbroadcasting.com/-- is a
Spanish-language media and entertainment company with radio and/or
television stations in the top U.S. Hispanic markets, including
Puerto Rico.  The Company's owned and operated radio stations serve
markets representing approximately 35% of the U.S. Hispanic
population, and its television operations serve markets
representing over 3.5 million Hispanic households.  The Company
produces and distributes Spanish-language content, including radio
programs, television shows, music and live entertainment through
its radio stations and its television group, MegaTV, which produces
over 70 hours of original programming per week.  MegaTV broadcasts
via its owned and operated stations in South Florida, Houston, and
Puerto Rico and through programming and/or distribution agreements
with other stations, as well as various cable and satellite
providers.

Crowe Horwath LLP, in Fort Lauderdale, Florida, issued a "going
concern" qualification on the consolidated financial statements for
the year ended Dec. 31, 2016, stating that the 12.5% Senior Secured
Notes had a maturity date of April 15, 2017.  Cash from operations
or the sale of assets was not sufficient to repay the notes and
other short term obligations when they became due, which resulted
in significant liquidity requirements on the Company that raise
substantial doubt about its ability to continue as a going
concern.

As of Sept. 30, 2017, Spanish Broadcasting had $434.5 million in
total assets, $563.7 million in total liabilities and a total
stockholders' deficit of $129.2 million.  Spanish Broadcasting
reported a net loss of $16.34 million for the year ended Dec. 31,
2016, compared with a net loss of $26.95 million in 2015.

                          *     *     *

In May 2017, S&P Global Ratings withdrew its 'D' corporate credit
rating and issue-level ratings on Spanish Broadcasting System.  "We
withdrew the ratings because we were unlikely to raise them from
'D', based on SBS' ongoing plans to restructure its debt," said S&P
Global Ratings' credit analyst Scott Zari.  S&P had downgraded SBS
to 'D' on April 21, 2017, following the company's announcement that
it didn't repay its $275 million 12.5% senior secured notes that
were due April 15, 2017, as reported by the TCR on May 25, 2017.

In April 2017, Moody's Investors Service downgraded SBS's corporate
family rating to 'Ca' from 'Caa2'.  SBS's 'Ca' corporate family
rating reflects an elevated expected loss rate following the
default under the company's 12.5% senior secured notes due April
2017.


TADD WHOLESALE: June 12 Disclosure Statement Hearing
----------------------------------------------------
Tadd Wholesale Supply, LLC, filed with the U.S. Bankruptcy Court
for the Middle District of Tennessee a disclosure statement
describing its original chapter 11 plan.

The hearing to consider approval of the Disclosure Statement will
be held on June 12, 2018, at 9:00 a.m.  June 7 is fixed as the last
day for filing written objections to the Disclosure Statement.

Due to the conduct of interest holders/management of the Debtor,
motions to dismiss or convert the case to a Chapter 7 proceeding
were filed. A Chief Restructuring Officer took control of
management of the Debtor and is liquidating all of the assets.

Currently, there are two adversary proceedings pending. The first
one was filed against David and Amber DeShon for wrongful payments
taken during the course of this case. The second litigation is
against United Parcel Service and Ebay for payment post-petition of
prepetition claims.

Class 4 under the plan consists of the general unsecured creditors.
Creditors in this class will be paid prorata from the remaining
funds in the estate after payment of claims. Any plan payments
returned to the Debtor by unsecured creditors will become property
of the Reorganized Debtor.

The Plan will be funded by the liquidation of the assets of the
Bankruptcy Estate and recovery from the adversary proceedings.

              DLL Objects to Disclosure Statement

De Lage Landen Financial Services, Inc., complains that the
Disclosure Statement does not provide adequate information
regarding the following:

   -- liquidation value of the Debtor's assets;

   -- why the "Effective Date" is fixed at "45 days after
confirmation;" and

   -- feasibility or means for implementation of the proposed plan
of reorganization.

DLL also complains that the Disclosure Statement has no information
sufficient to analyze the proposed plan of reorganization and the
required fair and equitable treatment of all creditors is not
available in the Disclosure Statement.

A full-text copy of the Disclosure Statement is available at:

     http://bankrupt.com/misc/tnmb3-17-07799-195.pdf

DLL is represented by:

     Joseph P. Rusnak, Esq.
     TUNE, ENTREKIN & WHITE, P.C.
     UBS Tower, Suite 1700
     315 Deaderick Street
     Nashville, TN 37238
     Tel: (615) 244-2770
     Fax: (615) 244-2778
     Email: Jrusnak@tewlawfirm.com

                      About TADD Wholesale Supply

TADD Wholesale Supply LLC --
http://stores.ebay.com/Tadd-Wholesale-Supply-- offers a variety of
products on eBay by allowing its customers to determine the price
by using the auction format.  The company has completed more than
one million individual eBay listings in its career.  TADD Wholesale
lists more than 500 auctions seven days a week, 365 days a year.
The company's gross revenue amounted to $12.76 million in 2016 and
$11.75 million in 2015.

TADD Wholesale Supply sought Chapter 11 protection (Bankr. M.D.
Tenn. Case No. 17-07799) on Nov. 15, 2017.  In the petition signed
by Amber DeShon, its chief manager, the Debtor disclosed $2.77
million in total assets and $2.67 million in total liabilities.  

The case is assigned to Judge Marian F Harrison.  

Steven L. Lefkovitz, Esq., at Lefkovitz & Lefkovitz, is the
Debtor's counsel.  Gary M. Murphey of Resurgence Financial
Services, LLC, is the chief restructuring officer. 


TIERPOINT LLC: Fitch Cuts IDR to B & Alters Outlook to Negative
---------------------------------------------------------------
Fitch Ratings has downgraded the Issuer Default Rating (IDR) for
TierPoint, LLC (TierPoint) to 'B' from 'B+'. Fitch has also
downgraded TierPoint's issue ratings and revised the Rating Outlook
to Negative from Stable. The IDR and security ratings affect
approximately $1.1 billion of debt including term loans and a $175
million revolver.

Recent underperformance in TierPoint's business has led to a reset
of Fitch's expectations. TierPoint's 2017 fundamentals meaningfully
underperformed both internal projections and Fitch's prior forecast
for the company. Fitch believes 2018 will be a reset year and that
the company will need to improve internal execution and better
integrate past acquisitions while also managing its cash burn and
high leverage. Fitch believes TierPoint is aggressively focused on
returning to double digit top-line growth while also stabilizing
profitability. If the company is successful in executing on its
outlined turnaround over the next 12-24 months, this could
stabilize the rating in the 'B' category.

KEY RATING DRIVERS

Secular Growth Drivers Remain in Place: Data center (DC) demand has
increased significantly over the past decade driven by factors such
as global internet adoption, increased smartphone usage, and
enterprise outsourcing. Fitch believes these market forces will
continue to drive growth for DC providers in the coming years.
Cisco projects annual global data center IP traffic to triple to
20.6 zettabytes and data center storage to quadruple to 2.6 Zb
between 2016 and 2021. Fitch believes DC traffic growth, combined
with an increasingly positive enterprise sentiment toward hybrid
deployments, will favor carrier-neutral DC providers such as
TierPoint.

Fragmented and Competitive Market: Even amidst a favorable industry
demand backdrop, the fragmented nature of the DC industry has kept
it susceptible to pricing pressure and excess capacity from new
builds. Oversupply remains a key risk for TierPoint given large
amounts of capital being spent in the industry at increasingly high
valuations. In addition to industry supply risks, growth in
hyperscale/cloud providers is a material competitive threat. Cloud
providers such as Amazon's AWS and Microsoft Azure are witnessing
substantial growth and could over time threaten the core value
proposition for traditional data center providers.

Diversified Customer Base: TierPoint operates 42 facilities in 20
markets and serves approximately 5,000 customers, with its largest
customer at approximately 3% of revenue. This results in a
fragmented customer base with its top 10 customers comprising only
10-15% of total revenue. The fragmented customer base effectively
reduces customer concentration risk and earnings volatility. Fitch
views this favorably as it enhances predictability of the company's
future financial performance. TierPoint also strategically targets
secondary markets where competition is less intense and focuses on
small to medium sized enterprises (SMEs).

High Proportion of Recurring Revenue: Approximately 98% of the
company's revenue is recurring in nature with typical service
contracts extending for three years, creating a high level of
visibility into future revenue streams. Data center customers tend
to look for long-term stability as IT infrastructure is critical
for enterprises and there are some switching costs, albeit less so
than five or 10 years ago. This results in a lengthy sales cycle
and fairly sticky customer base, as evidenced by average monthly
churn of 1.1%-1.2%% in 2016-17.

Shift to Cloud & Managed Services: TierPoint generates 52% of its
total revenue from retail colocation but the mix has shifted to
more cloud and managed services over the past couple of years.
Management indicated it is strategically shifting toward managed
hosting and cloud services as it encompasses a larger part of the
industry value chain and attracts a larger set of potential
customers. The increased exposure to a greater part of the value
chain is expected to increase customer stickiness. The shift toward
managed cloud services would also increase capital efficiency as it
tends to be less capital intensive. Fitch believes this mix shift
provides diversification beyond colocation but also limits margin
expansion given these services are lower margin.

High Leverage: TierPoint's expansion strategy and private equity
ownership structure has led to elevated leverage ratios. On a last
quarter annualized (LQA) basis, Fitch estimates debt/EBITDA at
December 2017 of 7.7x (6.5x as per the credit agreement), up from
6.7x YoY. Fitch believes the company will be more focused in the
near term on improving organic trends and further integrating past
deals in order to manage its leverage profile. Fitch forecasts
gross leverage will remain in the mid/high-7x range over at least
the next 12-18 months as the company stabilizes its EBITDA (down
sequentially in each of the past five quarters) and will likely
continue to burn cash.

Capital Intensity Constrains Free Cash Flow: Building new capacity
is capital intensive. Construction can take from a few months to
over a year, with no guarantee that breakeven cash flow will be
reached on schedule. TierPoint's capex has ranged from 20%-35% of
sales per year over the past few years, and Fitch expects elevated
levels of spend to continue over the next few years, contributing
to negative free cash flow during the period.

DERIVATION SUMMARY

TierPoint's ratings and Outlook are supported by Fitch's view that
the data center industry will benefit over the next several years
from growth in data and continued outsourcing of internal IT needs.
This secular tailwind should drive revenue growth for TierPoint and
enable the company to further scale its business. The data center
space today comprises a range of players including wholesale
providers such as Digital Realty, retail colocation providers such
as Equinix that offer a smaller footprint and shorter lease terms,
cloud service providers such as Amazon's AWS, and managed hosting
vendors such as Rackspace Hosting. TierPoint provides both retail
colocation and managed services, the latter of which has become a
bigger piece of its business through both M&A and organic growth.
Relative to some of its larger peers, TierPoint targets secondary
U.S. markets where competition is less severe and focuses on small
to mid-sized enterprises (SMEs) in these markets.

Offsetting these positive industry demand trends is margin
compression experienced over the past couple of years and weak
execution during 2017. As the company continues its integration
efforts related to acquisitions made during 2014-16, it will need
to stabilize and show improvement to both EBITDA and cash flow
generation over the next several years in order to keep leverage in
check. Fitch believes recent internal changes and improved bookings
trends could help but Fitch would look for continued execution over
the next 12-24 months as well as a prudent approach to managing
cash flows.

KEY ASSUMPTIONS

Fitch's Key Assumptions Within Its Rating Case for the Issuer

  -- Revenues: Organic revenue growth in the mid-single digit range
over the next several years, supported by industry demand.

  -- EBITDA: EBITDA stabilizes during 2018, followed by improvement
next year driven by top-line growth and cost saving initiatives;
margins remain flattish over time as restructuring is partially
offset by pricing pressures, higher rent, mix shift, and cost
inflation.

  -- Capex: Capex remains high at 20-25% of revenue over ratings
horizon, with certain years higher due to specific site
expansions.

  -- Capital allocation: Capital priorities center on organic
growth (capex) and stabilizing its core business. M&A activity
likely constrained due to leverage profile, although the company
has capacity under its revolver and could raise additional equity
capital.

RATING SENSITIVITIES

Developments That May, Individually or Collectively, Lead to
Positive Rating Action

  -- TierPoint's IDR could be stabilized in the 'B' category if
EBITDA (pre-Cequel management fee) shows signs of stabilization and
trends toward $140 million or higher annualized in 2019, implying
mid-single digit CAGR from 2017 levels.

  -- Free cash flow generation trends toward break-even or
positive.

Developments That May, Individually or Collectively, Lead to
Negative Rating Action

  -- Sustained negative FCF trends.

  -- EBITDA fails to stabilize and margins continue to
deteriorate.

  -- Leverage at sustained high levels with no clear path to
deleveraging.

LIQUIDITY

Liquidity Tied to Debt Sources: TierPoint's liquidity profile has
been pressured by its consistently negative free cash flow, causing
the company to fund deficits with its revolver. The company burned
($36 million) in 2017, ($51 million) in 2016, and ($39 million) in
2015. Fitch expects the company has adequate liquidity with $14
million drawn under its $175 million revolver as of March 2018.
Fitch believes liquidity may be pressured over the next few years
without improved cash generation, due to the inherent capital
intensity of the industry and limited cash flow generation (CFO
less capex) from TierPoint and its peers in the data center space.

FULL LIST OF RATING ACTIONS

Fitch has downgraded the following ratings:

TierPoint, LLC

  -- Long-Term IDR to 'B' from 'B+';

  -- $175 million senior secured first lien revolver due
     May 2022 to 'B+/RR3' from 'BB'/'RR2';

  -- $700 million senior secured first lien term loan due
     May 2024 to 'B+/RR3' from 'BB'/'RR2';

  -- $220 million senior secured second lien term loan due
     May 2025 to 'CCC+/RR6' from 'B-'/'R6'.

The Rating Outlook is revised to Negative from Stable.


TIMMAR INVESTMENT: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Timmar Investment Partners as of May 21,
according to a court docket.

Timmar is represented by:

     Steven L. Lefkovitz, Esq.
     Lefkovitz & Lefkovitz  
     618 Church St.,  Suite 410
     Nashville, TN 37219
     Phone: 615-256-8300
     Email: slefkovitz@lefkovitz.com

                 About Timmar Investment Partners

Timmar Investment Partners sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. M.D. Tenn. Case No. 18-02201) on March
30, 2018.  In the petition signed by Marjorie L. Kindall-Turner,
the Debtor disclosed that it had estimated assets of less than $1
million and liabilities of less than $1 million.  The Debtor tapped
Lefkovitz & Lefkovitz as its legal counsel.


TITAN ENERGY: Delays Quarterly Report Due to Limited Staff
----------------------------------------------------------
The Quarterly Report on Form 10-Q of Titan Energy, LLC for the
quarterly period ended March 31, 2018 could not be filed with the
Securities and Exchange Commission within the prescribed time
period without unreasonable effort or expense because the Company
does not currently have the sufficient personnel or resources to
make the filing in a timely fashion.  At this time, the Company
cannot predict when it will be able to file the Form 10-Q.  As
such, the Company does not anticipate being able to file its Form
10-Q within five calendar days following the prescribed due date,
in accordance with Rule 12b-25 of the Securities Exchange Act of
1934, as amended.

                    About Titan Energy

Pittsburgh, Pennsylvania-based Titan Energy, LLC --
http://www.titanenergyllc.com/-- is an independent developer and
producer of natural gas, crude oil and NGLs, with operations in
basins across the United States with a focus on the horizontal
development of resource potential from the Eagle Ford Shale in
South Texas.  The Company is a sponsor and manager of Drilling
Partnerships in which the Company co-invest, to finance a portion
of its natural gas, crude oil and natural gas liquids production
activities.  Titan Energy is the Successor to the business and
operations of ARP, a Delaware limited partnership organized in
2012.

For the period from Sept. 1 through Dec. 31, 2016, Titan Energy
reported a net loss of $33.31 million.  For the period from
Jan. 1, 2016, through Aug. 31, 2016, the Company reported a net
loss of $177.4 million.  As of Sept. 30, 2017, Titan Energy had
$605.4 million in total assets, $605.5 million in total
liabilities, and a $61,000 total members' deficit.

Grant Thornton LLP, in Cleveland, Ohio, issued a "going concern"
qualification in its report on the consolidated financial
statements for the year ended Dec. 31, 2016, citing that the
Company does not have sufficient liquidity to repay all of its
current debt obligations.  The Company's business plan for 2017
contemplates asset sales, obtaining additional working capital, and
the refinancing or restructuring of its credit agreements to
long-term arrangements, or other modifications to its capital
structure.  The Company's ability to achieve the foregoing elements
of its business plan, which may be necessary to permit the
realization of assets and satisfaction of liabilities in the
ordinary course of business, is uncertain and raises substantial
doubt about its ability to continue as a going concern.


UNITED DISTRIBUTION: S&P Lowers CCR to 'CCC-', Outlook Negative
---------------------------------------------------------------
U.S.–based industrial and mining supplier United Distribution
Group Inc.'s (UDG) senior secured first-lien term loan due in
October 2018 ($236 million outstanding, or about 55% of total
adjusted debt) represents an overarching credit risk.

S&P Global Ratings lowered its corporate credit rating on Bristol,
Tenn.-based United Distribution Group Inc. to 'CCC-' from 'CCC'.
The outlook is negative.

S&P said, "At the same time, we lowered our issue-level rating on
UDG's first-lien revolving credit facility and term loan due in
October 2018 to 'CCC' from 'CCC+' with a '2' recovery rating, and
our issue-level rating on its second-lien term loan due in April
2019 to 'C' from 'CC' with a '6' recovery rating. The '2' recovery
rating, which is unchanged, indicates our expectation for
substantial recovery (70%-90%; rounded estimate: 75%) in the event
of a payment default. The '6' recovery rating, also unchanged,
indicates our expectation for negligible recovery (0%-10%; rounded
estimate: 0%) in the event of a payment default.

The downgrade reflects that UDG's $236 million senior secured term
loan due October 2018, which accounts for about 55% of total
adjusted debt, is an overarching credit consideration that poses
the risk of the company defaulting on its debt obligations in less
than six months. S&P said, "While the company's underlying business
performance has improved in recent months, we do not believe that
it has sufficient liquidity to meet these debt obligations and
could default without a refinancing arrangement. However, we view a
refinancing as uncertain given the company's poor standing in the
credit markets, as indicated by its lack of publicly traded debt
and its undiversified debt capital structure, which consists of
only its two term loans."

S&P said, "The negative outlook reflects our expectation of a
specific default scenario over the next six months stemming from
the company's inability to refinance its $236 million first-lien
senior secured term loan due October 2018. These scenarios include,
but are not limited to, a near-term liquidity crisis, violation of
financial covenants, or a distressed exchange.

"We would lower our rating on UDG by one notch to 'CC' if we expect
a default to be a virtual certainty or if we expect the company to
miss an interest or principal payment. We would also lower our
ratings if the company announced its intention to file for
bankruptcy or undertake a distressed exchange offer or similar
restructuring. Any of these could occur if the company cannot
refinance its debt, leading to a liquidity crisis. We would also
lower our ratings if we believed that, following the expiration of
the forbearance agreement, UDG would violate its financial
covenants, leading to a default under its credit agreement.

"We could take a positive rating action if UDG were to refinance
its first-lien term loan due in October 2018 before its maturity,
such that its maturity is pushed out by at least 6-12 months and if
we expect the company to be in compliance with its financial
covenants over this time period. We could raise the rating if UDG
is also able to refinance the company's second-lien term loan due
April 2019, and the maturity of all debt is at least 12 months from
the date of the refinancing. We view a revision of the outlook to
stable as unlikely at the current rating level."


UNITED PLASTIC: $17.5K Sale of Judgments to Debt Acquisitions OK'd
------------------------------------------------------------------
Judge William R. Sawyer of the U.S. Bankruptcy Court for the Middle
District of Alabama authorized United Plastic Recycling, Inc. and
United Lands, LLC to sell the adversary proceeding judgments,
together with and any and all other benefits or advantages which
may be had or obtained by reason of said judgments, to Debt
Acquisitions, LLC for $17,500.

The Sale Hearing was held on May 8, 2018.

The sale is free and clear of all liens, claims, interests, and
encumbrances.

                 About United Plastic Recycling

United Plastic Recycling, Inc. and affiliate United Lands, LLC,
filed Chapter 11 bankruptcy petitions (Bankr. M.D. Ala. Case No.
15-32928 and 15-32926) on Oct. 16, 2015.  The United Plastic
petition was signed by John A. Bonham, Jr., president.

Judge Dwight H. Williams Jr. was initially assigned to United
Lands' case, while Judge William R. Sawyer presided over United
Plastic's case.   In November 2015, a court order was entered
granting Joint Administration of the two cases before Judge
Sawyer.

United Plastic estimated its assets at up to $50,000, and its
liabilities at between $10 million and $50 million.  United Lands
estimated its assets at up to $50,000 and its liabilities at up
$50,000.

James L. Day, Esq., at Memory & Day, serves as the Debtors'
bankruptcy counsel.


UNUM GROUP: Fitch Rates $300M Jr. Subordinated Debt 'BB+'
---------------------------------------------------------
Fitch Ratings has assigned a rating of 'BB+' to Unum Group's (UNM)
$300 million 6.25% junior subordinated debentures due 2058.

KEY RATING DRIVERS

The new junior subordinated debentures rating is equivalent to the
rating assigned to the existing debt level. The debentures are
rated three notches below UNM's long-term Issuer Default Rating
(IDR), which reflects two notches for Fitch's assumption of "poor"
recovery prospects in the event of default and an additional notch
for "minimal" non-performance risk. Based on Fitch's rating
criteria, the debentures were not assigned any equity credit,
similar to the existing junior subordinated notes.

Pro forma for the issuance and an upcoming debt maturity, financial
leverage is 27%. Proceeds from the issuance are expected to be used
to fund a $200 million debt maturity in July and for general
corporate purposes.

Fitch affirmed the ratings of UNM and its insurance operating
subsidiaries with a Stable Outlook on Dec. 15, 2017.

RATING SENSITIVITIES

The key rating sensitivities that could lead to an upgrade
include:

  -- Reduced exposure to legacy long-term care business with no
deterioration in operating performance.

  -- U.S. risk-based capital ratio above 400%, Prism score of at
least 'Strong' and run-rate financial leverage below 25%.

Key rating sensitivities that could lead to a downgrade include:

  -- Deterioration in financial results that includes an increase
in the U.S. group disability benefit ratio over 87%, ROE declining
to a level below 9%, and statutory maximum allowable dividend
interest expense coverage falling below 3x.

  -- Holding company cash falls below management's target of
approximately 1x fixed charges (interest expense plus common stock
dividend).

  -- U.S. risk-based capital ratio below 350%, Prism score below
'Strong' or financial leverage above 28%.

FULL LIST OF RATING ACTIONS

Fitch has assigned the following rating:

Unum Group

  -- $300 million 6.25% junior subordinated notes due 2058 'BB+'.

Fitch currently rates the Unum entities as follows

Unum Group Inc.

  -- Long-Term IDR 'BBB+';

  -- Senior notes 'BBB'.

Provident Financing Trust I

  -- Junior subordinated debt 'BB+'.

Unum Group members:
Unum Life Insurance Company of America
Provident Life & Accident Insurance Company
Provident Life and Casualty Insurance Company
The Paul Revere Life Insurance Company
Unum Insurance Company
First Unum Life Insurance Company
Colonial Life & Accident Insurance Company
  -- Insurer Financial Strength 'A'.


VEROS ENERGY: Court Junks GCube, Kiln Bid to Dismiss Suit
---------------------------------------------------------
The defendants move to dismiss the adversary proceeding captioned
VEROS ENERGY, LLC, Plaintiff, v. GCUBE INSURANCE SERVICES, INC. and
KILN SYNDICATE 510, Defendants, AP No. 16-70021-JHH (N.D. Ala.) or,
alternatively, to transfer the venue of the AP relying on a
"jurisdiction" clause contained in the certificate of insurance
that forms the basis of the alleged causes of action. The plaintiff
(and debtor in a related chapter 11 bankruptcy case) opposes the
motion and seeks to enforce two other "jurisdiction" clauses in the
certificate. Bankruptcy Judge Jennifer H. Henderson denies the
motion.

Approximately two months after Plan confirmation, Veros filed the
AP, formally alleging its Insurance claims against GCube and Kiln
Syndicate 510, the lead Underwriter. In lieu of answering, GCube
and Kiln, appearing individually and on behalf the Underwriters,
filed the motion, seeking dismissal of the AP or transfer of the AP
to the U.S. District Court for the Southern District of New York.
Simultaneously, the Underwriters moved to withdraw the reference of
the AP. The Motion to Withdraw is pending before the District Court
and, as of the date hereof, the District Court has not ruled on the
Motion to Withdraw.

Relying on the Jurisdiction Clause, the Underwriters ask the court
to dismiss the AP. When a forum selection clause selects a
non-federal forum, the appropriate way to enforce the clause is
through the doctrine of forum non conveniens.

There is no dispute that the Underwriters have not made the
requisite showing for dismissal for forum non conveniens under a
traditional analysis. In fact, the Underwriters stipulate that all
of the private interest factors weigh in favor of an Alabama forum
(either this court or the District Court). To support their
dismissal request, the Underwriters rely solely on the Jurisdiction
Clause.

The certificate contains at least three provisions pertaining to
"jurisdiction." Veros asserts that each of the "jurisdiction"
clauses is a forum selection clause; that the clauses conflict,
rendering the certificate ambiguous; and that such ambiguity must
be resolved in its favor. For their part, the Underwriters do not
acknowledge any ambiguity in the certificate, arguing that the
Service of Suit Clauses merely operate as consents to personal
jurisdiction, not consents to litigate in a particular forum. The
court concludes that the Service of Suit Clauses are properly
characterized as forum selection clauses.

Ultimately, when reconciled with the Service of Suit Clauses, the
Jurisdiction Clause does not apply to the claims in their present
procedural posture. Accordingly, the motion is due to be denied--
regardless of whether the Jurisdiction Clause is valid,
enforceable, or entitled to near determinative weight in a forum
non conveniens analysis. Because the Plan continued the Estate in
effect post-confirmation, the Underwriters are stayed, by operation
of 11 U.S.C. section 362, from commencing an action in New York
state court to obtain a declaration that they are not liable on the
claims. The fact that Veros' bankruptcy filing resulted in
imposition of a stay as a matter of federal law has no bearing on
the court's contract interpretation analysis. Furthermore, GCube
has known about the Bankruptcy Case since April 2015 (when it sent
its nonrenewal notice), and has never moved for stay relief or
otherwise appeared in the Bankruptcy Case--notwithstanding the
court's ruling that its nonrenewal notice violated the automatic
stay, Veros's disclosure of its claims and its stated intent to
pursue the claims in this court, and the court's retention of
jurisdiction to hear the claims. The court will not require Veros
to file suit on the claims in another forum when the parties'
agreement and the confirmed Plan and Disclosure Statement permit
litigation in this forum and the Underwriters have not given any
indication that they intend to pursue the contractually preserved
mechanism for litigating in New York state court.

For these reasons, the request to dismiss the AP is denied and the
request to transfer the AP's venue is also denied.

A full-text copy of the Court's Memorandum Opinion dated April 26,
2018 is available at https://bit.ly/2KFarVu from Leagle.com.

Veros Energy, LLC, Plaintiff, represented by W. Craig Hamilton --
chamilton@mcdowellknight.com -- McDowell Knight Roedder & Sledge,
LLC & Frederick G. Helmsing, Jr. -- fhelmsing@mcdowellknight.com --
McDowell Knight Roedder & Sledge, LLC.

GCube Insurance Services, Inc., Defendant, represented by Franklin
Peeples Brannen -- Frank.Brannen@lewisbrisbois.com -- Lewis
Brisbois Bisgaard & Smith LLP, Vickie L. Driver & Seth Tyler
Hunter, Ely & Isenberg, LLC.

Kiln Syndicate 510, Defendant, represented by Franklin Peeples
Brannen, Lewis Brisbois Bisgaard & Smith LLP & Vickie L. Driver.

                     About Veros Energy

Veros Energy, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N. D. Ala. Case No. 15-70470) on April 6,
2015.  The Debtor is represented by Richard M. Gaal, Esq., at
McDowell Knight Roedder & Sledge, LLC.


VERSACOM LP: Plan Outline Okayed, Plan Hearing on June 25
---------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas will
consider approval of the Chapter 11 plan of reorganization for
Versacom, LP at a hearing on June 25.

The hearing will be held at 1:30 p.m., at Courtroom 1.

The court will also consider at the hearing final approval of the
company's disclosure statement, which it conditionally approved on
May 10.

The order set a June 18 deadline for creditors to file their
objections and submit ballots of acceptance or rejection of the
plan.

The Debtor is a limited partnership, located at 1126 Commerce
Drive, Suite 1126, in Richardson, Texas 75081.  The Internal
Revenue Service is owed approximately $600,000.00 and holds a first
priority security interest against all assets of the Debtor and
thus, is the Debtor's most significant creditor. The Debtor has
filed the combined plan and disclosure statement because, in the
Debtor's view, no other feasible plan can be proposed to resolve
the debts against the Debtor.  The Plan provides for structured
payments to holders of Allowed Claims against the Debtor, and the
contribution of new value by the Debtor's principal on the
Effective Date.

In full and final satisfaction of all Allowed General Unsecured
Claims (Class 4), the Debtor will deliver to holders of Allowed
General Unsecured Claims cash equal to each holder's Pro Rata Share
of the General Unsecured Creditors' Pool. Payments to holders of
Allowed General Unsecured Claims will occur on each of the
following dates for five years following the Effective Date: April
1st, July 1st, October 1st, and January 1st.

A full-text copy of the Disclosure Statement is available at:

         http://bankrupt.com/misc/txnb17-32714-78.pdf

                      About Versacom, LP

Headquartered in Dallas, Texas, Versacom, LP, provides services in
the field of wireless and telecommunication services.  Versacom
filed for Chapter 11 bankruptcy protection (Bankr. N.D. Tex. Case
No. 17-32714) on July 13, 2017, estimating its assets and
liabilities at up to $50,000 each.  The petition was signed by
Muhammad Al-Amin, general partner of Versacom Holdings, LLC.  Judge
Stacey G. C. Jernigan presides over the case.  Howard Marc Spector,
Esq., at Spector & Johnson, PLLC, serves as the Debtor's bankruptcy
counsel.


VIDEOLOGY INC: U.S. Trustee Forms Seven-Member Committee
--------------------------------------------------------
Andrew R. Vara, Acting U.S. Trustee for Region 3, on May 17
appointed seven creditors to serve on the official committee of
unsecured creditors in the Chapter 11 case of Videology, Inc.

The committee members are:

     (1) GroupM UK Digital Ltd.
         Attn: Robert Schneider
         498 7th Avenue
         New York, NY 10018
         Tel: (212) 231-7919

     (2) Beachfront Media, LLC
         Attn: Richard O'Connor
         400 S. Atlantic Ave, Suite 101
         Ormond Beach, FL 32174
         Tel: (201) 446-6076

     (3) FMEX, LLC dba Futures Media
         Attn: Joshua Winograd
         876 6th Avenue
         New York, NY 10001
         Tel: (646) 334-2009

     (4) SpotX, Inc.
         Attn: Steven Swoboda
         8181 Arista Place, Suite 400
         Broomfield, CO 80021
         Tel: (303) 345-6888

     (5) Chesapeake Paperboard Centre LLC
         c/o 28 Walker Development
         Attn: Mark Sapperstein
         1500 Whetstone Way, Suite 101
         Baltimore, Maryland 21230
         Tel: (410) 653-4600
         Fax: (410) 653-2811

     (6) Teads Finance SAS
         Attn: Christine Quilichini
         97 Rue du Cherche Midi
         75006 Paris, France
         Tel: (917) 968-9262

     (7) Telaria, Inc.
         Attn: Aaron Saltz
         1501 Broadway
         New York, NY 10036
         Tel: (917) 885-7446

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense.  They may investigate the debtor's business and financial
affairs.  Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.

                         About Videology

Videology, Inc. -- https://www.videologygroup.com/ -- fka TidalTV,
Inc., dba Videology Group, headquartered in Baltimore, Maryland, is
a privately-held, venture-backed company specializing in television
and video advertising.  Its global technology helps marketers and
media companies manage, measure and optimize digital video and TV
advertising to drive greater results in today's converged media
landscape.  The company was founded in 2007 by Scott Ferber to
solve the industry's marketing challenges in a world where video
viewership was fragmenting across screens.
                      
Videology, Inc., (Bankr. D. Del. Case No. 18-11120) and affiliates
Collider Media, Inc. (Bankr. D. Del. Case No. 18-11121), Videology
Media Technologies, LLC (Bankr. D. Del. Case No. 18-11122),
LucidMedia Networks, Inc. (Bankr. D. Del. Case No. 18-11123), and
Videology Ltd. (Bankr. D. Del. Case No. 18-11124) filed for Chapter
11 bankruptcy protection on May 10, 2018.  Videology, Inc., is the
lead case.  The petitions were signed by Scott A. Ferber, chief
executive officer.  

Judge Brendan Linehan Shannon presides over the case.

David Dean, Esq., Patrick J. Reilley, Esq., and Irving E. Walker,
Esq., at Cole Schotz P.C., serve as the Debtor's bankruptcy
counsel.

Hogan Lovells US LLP And Hogan Lovells International LLP serve as
the Debtors' special corporate counsel.  Berkeley Research Group is
the Debtors' financial advisor.  Omni Management Group is the
Debtors' claims and noticing agent.  

The Debtors estimated between $10 million to $50 million in assets
and $100 million and $500 million in liabilities.


WAGGONER CATTLE: May Use Lone Star Cash Collateral on Final Basis
-----------------------------------------------------------------
The Hon. Robert L. Jones of the U.S. Bankruptcy Court for the
Northern District of Texas has entered an Agreed Order authorizing
Circle W of Dimmitt, Inc., and Waggoner Cattle, LLC, to use cash
collateral on final basis.

Circle W is not authorized to use any cash collateral it receives
from Waggoner Cattle in the form of feed bill receivables. However,
Circle W may use cash collateral it receives from customers other
than Waggoner Cattle in accordance with and to pay the expenses
shown in the Budget.

Circle W and Waggoner Cattle will deliver to Lone Star State Bank
of West Texas (a) a Yard Sheet from Circle W's and Waggoner
Cattle's Turnkey software system which identifies all cattle in the
Circle W feed yard on a lot by lot and pen by pen basis; (b) a
payables and receivables aging report of all of Circle W's and
Waggoner Cattle's pre-petition accounts receivable and accounts
payable as of the Petition Date; and (c) an inventory report of all
of Circle W's and Waggoner Cattle's feed and vet supplies as of the
Petition Date.

All pre-petition cattle of Waggoner Cattle, including without
limitation both cattle in pens (Grow Cattle) located at the feed
yard owned by Bugtussle Cattle, LLC and operated by Circle W,
cattle in calf hutches (Hutch Cattle) located at the feed yard
owned by Bugtussle and operated by Circle W, all cattle of Waggoner
Cattle in the Dean Cluck Feedyard Dimmitt, TX, Western Feeders,
Lockney, Texas, in any other feed yard, and in any pasture land,
all of which are subject to Lone Star's first priority liens, will
be treated as customer cattle of Lone Star.

Lone Star will pay the standard daily fee of $2.25 per day per head
to care for the Grow Cattle and the Hutch Cattle located in the
feed yard operated by Circle W's until such time as those cattle
are sold.

All decisions regarding the timing and terms of sale of the Cattle
Collateral will be made solely by Lone Star, provided that Lone
Star will honor any sales contracts for the Cattle Collateral that
were entered into prior to the filing of these bankruptcy cases.
The Debtors will provide to Lone Star all contracts for sale of the
Cattle Collateral currently in place. Additionally, Quint Waggoner
and the Debtors agree to cooperate with Lone Star with the
marketing and sale of the Cattle Collateral.

Circle W may use all payments received from Lone Star for the care
and feeding of the Grow Cattle and Hutch Cattle in accordance with
and to pay the expenses shown in the Budget.

Circle W will provide to Lone Star on a weekly basis a
budget-to-actual report based on the Budget and the actual expenses
incurred by Circle W for the prior week.

As adequate protection of Lone Star's interests in the cash
collateral being used, Lone Star is granted continuing,
post-petition and replacement liens in, to and over all of Circle
W's property and assets of the same type as held by Lone Star as of
the Petition Date, in the same priority and in the same nature,
extent, and validity as such liens existed pre-petition.

Lone Star is also granted a super-priority administrative expense
claim against Circle W's estate, to have priority over any and all
other administrative expense priority claims allowed in these
bankruptcy cases, in the amount of any diminution in value of Lone
Star's collateral due to the use by Circle W of Lone Star's Cash
Collateral.

Waggoner Cattle is not authorized to use any cash, including checks
on hand but not negotiated, that was on hand as of the Petition
Date generated from the sale and shipment of cattle that would be
considered Cattle Collateral that may have occurred pre-petition
and any cash collateral generated from the sale of Cattle
Collateral of Lone Star in its operations, and Waggoner Cattle
cannot use the Cash on Hand and sell the Cattle Collateral for its
own account, and is not authorized to purchase any new cattle with
the Cash on Hand or any proceeds from the sale of the Cattle
Collateral.

All cash on hand and proceeds from the sale of Cattle Collateral
will be separately accounted for and turned over to Lone Star upon
the sale of the Cattle Collateral. The stay imposed by Section
362(a) of the Bankruptcy Code is modified, annulled, terminated,
and lifted, to the extent necessary, to allow for Lone Star to
apply the proceeds received from the cash on hand and the sale of
the Cattle Collateral against the care costs Lone Star incurs and
the indebtedness owed by Waggoner Cattle to Lone Star.

Lone Star is authorized to apply the proceeds from the sale of the
Cattle Collateral first to the daily care and feed costs Lone Star
incurs under the Interim Order and the Agreed Order, then to Loan
No. ******7463, and then to Loan No. ******7471. The stay relief
provided herein will apply only to the Cash on Hand, the Cattle
Collateral, and the sales proceeds;

Lone Star will be granted an administrative expense claim in the
amounts of the advanced to cover the employee compensation of
$26,912, and the advances to White Plains Energy and Hi Pro Feeds
in the aggregate amount of $79,187. Lone Star's Administrative
Claim will be against the bankruptcy estates of Waggoner Cattle,
Circle W, Bugtussle, and Cliff Hanger, LLC, but will only be
entitled to one satisfaction from these bankruptcy estates.

A full-text copy of the Agreed Order is available at

             http://bankrupt.com/misc/txnb18-20126-42.pdf

                    About Waggoner Cattle

Waggoner Cattle, et al., are privately held companies in Dimmitt,
Texas, engaged in the business of cattle ranching and farming.
Circle W of Dimmitt, Inc. ("Circle W"), is the operating arm for
Waggoner Cattle, LLC, Bugtusslel Cattle, LLC and Cliff Hanger
Cattle, LLC, and it is managing the financial affairs of the
above-mentioned companies.

Waggoner Cattle, Circle W of Dimmitt, Inc., Bugtussle Cattle, LLC
and Cliff Hanger Cattle, LLC (Bankr. N.D. Tex. Case No. 18-20126 to
18-20129) simultaneously filed voluntary petitions for relief under
Chapter 11 of the Bankruptcy Code on April 9, 2018.

In the petitions signed by Michael Quint Waggoner, managing member,
the Debtors estimated $1 million to $10 million in assets and $10
million to $50 million in liabilities.


WALDEN REAL ESTATE: Plan Confirmation Hearing Set for July 25
-------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Virginia is
set to hold a hearing on July 25, at 2:00 p.m., to consider
approval of the Chapter 11 plan for Walden Real Estate Ventures,
LLC.

The deadline for creditors to file their objections and submit
ballots of acceptance or rejection of the plan is July 18.

                  About Walden Real Estate

Headquartered in Richmond, Virginia, Walden Real Estate Ventures,
LLC, owns multiple parcels of real property and improvements
located in Franklin and Suffolk, Virginia.  The company previously
sought bankruptcy protection.

The Debtor filed a Chapter 11 petition (Bankr. E.D. Va. Case No.
17-35617) on Nov. 10, 2017, estimating its assets at between $1
million and $10 million and its liabilities at between $500,000 and
$1 million.  The petition was signed by Lee A. Barnes, Jr.,
managing member.

Judge Kevin R. Huennekens presides over the case.

Kevin A. Lake, Esq., at McDonald, Sutton & Duval, PLC, serves as
the Debtor's bankruptcy counsel.

The Office of the U.S. Trustee on Dec. 19 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Walden Real Estate Ventures,
LLC.





WESTMORELAND RESOURCE: Obtains Waiver of Default Until June 15
--------------------------------------------------------------
On May 15, 2018, Westmoreland Resource Partners, LP, its
subsidiary, Oxford Mining Company, LLC, as borrower, and the
guarantors, U.S. Bank National Association, as administrative agent
and collateral agent, and the lenders entered into Waiver and
Amendment No. 4 to the Financing Agreement dated Dec. 13, 2014,
among the Loan Parties, the Agents, and the lenders.  Pursuant to
the Waiver, the Agents, the lenders and the Loan Parties agreed,
among certain other affirmative covenants, to extend the waiver of
any actual or potential Default of Event of Default that arose or
may have arisen, in each case, solely as a result or in connection
with the Loan Parties' failure under Section 7.01(a)(iii) of the
Financing Agreement to deliver to each Agent and each Lender an
unqualified audit opinion in connection with the audited financial
statements for the Fiscal Year of the Partnership and its
Subsidiaries ending Dec. 31, 2017, until the earliest of (i) 11:59
pm New York time June 15, 2018, (ii) the occurrence of any event of
default not waived pursuant to the Waiver or (iii) an insolvency
proceeding of Westmoreland Coal Company.

                    About Westmoreland Resource

Based in Englewood, Colorado, Westmoreland Resource Partners, LP
(NYSE: WMLP) -- http://www.westmorelandMLP.com/-- is a low-cost
producer of high-value thermal coal to large electric utilities
with coal-fired power plants under long-term coal sales contracts.
The Company also markets to industrial users, and is the largest
producer of surface mined coal in Ohio.

Westmoreland Resource reported a net loss of $31.75 million on
$315.6 million of revenues for the year ended Dec. 31, 2017,
compared to a net loss of $31.58 million on $349.3 million of
revenues for the year ended Dec. 31, 2016.  As of March 31, 2018,
Westmoreland Resource had $336.15 million in total assets, $410.67
million in total liabilities and a total deficit of $74.52
million.

Ernst & Young LLP, in Denver, Colorado, the Partnership's auditor
since 2015, issued a "going concern" opinion its report on the
consolidated financial statements for the year ended Dec. 31, 2017,
stating that the Partnership does not currently have liquidity or
access to additional capital sufficient to pay off its term loan
debt by its maturity date, and has stated that substantial doubt
exists about the Partnership's ability to continue as a going
concern.


XTRALIGHT MANUFACTURING: May Incur $6-Mil Debt, Use Cash Collateral
-------------------------------------------------------------------
The Hon. Marvin Isgur of the U.S. Bankruptcy Court for the Southern
District of Texas authorized XtraLight Manufacturing, Ltd., to
obtain postpetition financing from Compass Bank in the form of a
revolving line of credit of up to $6,000,000 and to use cash
collateral in the ordinary course of business pursuant to the terms
and conditions set forth in the Interim Order and in accordance
with the approved budget.

The approved 13-week Budget provides total cash outflow of
approximately $7,284,000 covering the week ending April 20, 2018
through week ending July 13, 2018.

As of the Petition Date, the Debtor is indebted to Compass Bank in
the aggregate outstanding principal amount of $4,776,670 million as
follows: (a) $4,100,813.55 under the Revolving Credit Facility; (b)
481,412 under that certain Advancing Term Note; and $194,444 under
that certain Term Note D.

Compass Bank is granted a superpriority claim and lien pursuant to
11 U.S.C. Section 507(b) to the extent of any diminishment in the
value of its collateral as a consequence of the use of cash
collateral as authorized by the Interim Order.

As further adequate protection, XtraLight is authorized to pay to
Compass Bank: (a) principal, interest, reasonable fees and other
amounts due under the DIP Credit Documents and Pre-petition Credit
Agreement, at the times specified therein; and (b) monthly cash
payments of $8,955 and $2,778 in principal plus applicable interest
in connection with the Advancing Term Note and Term Note D; and (c)
the reasonable fees, costs and expenses, including without
limitation, reasonable legal and other processionals' fees and
expenses of Compass Bank as required under the DIP Credit Documents
and Prepetition Credit Agreement.

To avoid default under the DIP Credit Documents, XtraLight is
required to meet the following milestones:

     A. On April 27, 2017, the Debtor filed motion with the Court
requesting (i) the retention of Statesman Business Advisors LLC as
the financial advisory and services firm of XtraLight in connection
of the 363 Sale, (ii) approval of the bidding procedures and
auction process to be employed for a sale of all or substantially
all of the assets of XtraLight's lighting division and provide
Compass Bank right to credit bid for all or any portion of
XtraLight's assets. On or before May 4, 2018, XtraLight will file a
motion seeking entry of an order approving XtraLight's assumption
of its lease with Cay Capital.

     B. On or before May 3, 2018, or such later date to which
Compass Bank consents in writing in its sole discretion, the Court
will have entered the Sale Procedures Order and a final order on
the Motion in form and substance acceptable to Compass Bank in its
sole discretion, but in any event including the rollup provisions
of the Term Sheet.

     C. On or before June 4, 2018, or such later date to which
Compass Bank consents in writing in its sole discretion, the Court
will have entered the Lease Assumption Order.

     D. On or before July 10, 2018, or such later date to which
Compass Bank consents in writing in its sole discretion, XtraLight
will identify one or more stalking horse bidder(s) acceptable to
Compass Bank, which will purchase XtraLight's assets for aggregate
proceeds which will be sufficient to repay in full, in cash all
obligations of the Borrowers to Compass Bank and all obligations
owed by Mr. Caroom and Cay Capital, L.L.C. to Compass Bank.

     E. On or before July 25, 2018, or such later date to which
Compass Bank consents in writing in its sole discretion, XtraLight
will have entered into a sale agreement with a least one stalking
horse bidder, each such agreement providing that, concurrently with
the entry into the agreement, the stalking horse bidder will pay a
deposit of not less than 10% of the purchase price payable under
the agreement.

     F. On or before August 9, 2018, or such later date to which
Compass Bank consents in writing in its sole discretion, there will
have been held an auction in connection with the 363 Sale and in
accordance with the provisions set forth in the Sale Procedures
Order.

     G. On or before Aug. 11, 2018, or such later date to which
Compass Bank consents in writing in its sole discretion, the Court
will have entered an order approving the 363 Sale.

     H. On or before Aug. 14, 2018, provided the Court has waived
the stay imposed by Bankruptcy Rule 6004(h) or such later date to
which Compass Bank consents in writing in its sole discretion, the
363 Sale will have closed, with the proceeds of the 363 Sale being
paid directly to Compass Bank to be applied to the Prepetition
Credit Obligations, the DIP Credit Documents and obligations
evidenced by the DIP Credit Documents.

A full-text copy of the Interim Order is available at

          http://bankrupt.com/misc/txsb18-31857-58.pdf

                  About XtraLight Manufacturing

Founded in 1986, XtraLight Manufacturing, Ltd. --
http://www.xtralight.com/-- designs, develops, and manufactures  
lighting products for commercial, retail, institutional, and
industrial lighting projects.  Based in Houston, Texas, XtraLight
offers a complete line of LED lighting solutions including indoor
LED, outdoor LED, architectural LED and fluorescent.

XtraLight Manufacturing filed a Chapter 11 petition (Bankr. S.D.
Tex. Case No. 18-31857) on April 11, 2018.  In the petition was
signed by Jerry Caroom, president and manager of XLM Management,
LLC, Debtor's general partner, the Debtor estimated assets and
liabilities at $10 million to $50 million each.

The case is assigned to Judge Marvin Isgur.

Hoover Slovacek LLP is the Debtor's bankruptcy counsel.


YINGLI GREEN: Unit Ordered to Repay Remaining Medium-Term Notes
---------------------------------------------------------------
Yingli Green Energy Holding Company Limited announced that a PRC
court has ruled that Baoding Tianwei Yingli New Energy Company
Limited, a subsidiary of the Company, should repay the remaining
principal and overdue penalty of the medium-term notes due Oct. 13,
2015 and the principal, interest, and overdue penalty of the
medium-term notes due May 12, 2016 issued by Tianwei Yingli to one
of the holders of those MTNS, who filed lawsuits against Tianwei
Yingli to recover those amounts as described in the Company's
announcement dated on Sept. 1, 2017.  The principal amount of the
MTNs held by the Note Holder as recognized by the court was RMB65.7
million, representing approximately 3.7% of the total amount of the
2011 MTNs and 2010 MTNs that are still outstanding.  The overdue
penalties recognized by the court would be calculated at a daily
penalty interest rate of 0.021% and will continue to accrue before
actual payment thereof.  Tianwei Yingli plans to appeal the
judgment while continuing to seek a mutually beneficial solution
with the Note Holder out of court.

                   About Yingli Green Energy

Yingli Green Energy Holding Company Limited (NYSE: YGE), known as
"Yingli Solar", -- http://www.yinglisolar.com/-- is a photovoltaic
(PV) module manufacturer.  Yingli Green Energy's manufacturing
covers the photovoltaic value chain from ingot casting and wafering
through solar cell production and PV module assembly.
Headquartered in Baoding, China, Yingli Green Energy has more than
20 regional subsidiaries and branch offices and has distributed
more than 20 GW solar panels to customers worldwide.

Yingli Green reported a net loss attributable to the Company of
RMB3.31 billion for the year ended Dec. 31, 2017, compared to a net
loss attributable to the Company of RMB2.09 billion for the year
ended Dec. 31, 2016.  As of Dec. 31, 2017, Yingli Green had
RMB10.34 billion in total assets, RMB20.83 billion in total
liabilities and a total shareholders' deficit of RMB10.49 billion.

The report from the Company's independent accounting firm
PricewaterhouseCoopers Zhong Tian LLP on the consolidated financial
statements for the year ended Dec. 31, 2017, includes an
explanatory paragraph stating that facts and circumstances
including accumulated and recurring losses from operations,
negative working capital, cash outflows from operating activities,
and uncertainties regarding the repayment of financing obligations
raise substantial doubt about the Company's ability to continue as
a going concern.


YOUNG MENS: U.S. Trustee Forms 3-Member Committee
-------------------------------------------------
The Office of the U.S. Trustee on May 21 appointed three creditors
to serve on the official committee of unsecured creditors in the
Chapter 11 case of Young Men's Christian Association of Greater
Pittsburgh.

The committee members are:

     (1) MSP Commercial Subtenant L.P.  
         Attn: Brian Walker  
         95 West Beau Street, Suite 600  
         Washington, PA 15301  
         Tel: (724) 229-8800x103
         Fax: (724) 884-0474  
         Email: bwalker@millcraftideas.com

     (2) TUDI Mechanical Systems  
         Attn: James Howe  
         343 Munson Ave.  
         Mckees Rocks, PA 15136  
         Tel: (412) 771-4100
         Fax: (412) 771-7737  
         Email: jim.howe@tudl.com

     (3) Climatech, Inc.  
         Attn: Brad Taback  
         200 Bilmar Drive  
         Pittsburgh, PA 15205  
         Tel: (412) 250-2380  
         Email: btaback@climatech.com

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense. They may investigate the debtor's business and financial
affairs. Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.

                   About Young Men's Christian
                Association of Greater Pittsburgh

The first YMCA in Pittsburgh was established in 1854.  Today, Young
Men's Christian Association of Greater Pittsburgh is a 501(c)(3)
charitable organization and guided and supported by hundreds of
talented volunteers and a committed and skilled internal leadership
team.  It is a nonsectarian institution committed to building
social services, closing the achievement gap, developing
interracial and intergenerational understanding, eliminating health
disparities and providing aid to financially struggling families
throughout the Pittsburgh region.

Young Men's Christian Association of Greater Pittsburgh filed a
voluntary petition in this Court for relief under chapter 11 of the
Bankruptcy Code (Bankr. E.D. Pa. Case No. 18-21898) on May 8, 2018,
listing $75 million in total assets and between $10 million and $50
million in liabilities.  

The Debtor tapped Tucker Arensberg, P.C. as its counsel, and
Schneider Downs Meridian, LP as its financial advisor.


ZERO ENERGY: Continued Interim Use of Cash Collateral Approved
--------------------------------------------------------------
The Hon. Anita L. Shodeen of the U.S. Bankruptcy Court for the
Southern District of Iowa approved Zero Energy Systems, LLC's
continued and interim use of cash collateral under the general
terms and conditions set forth in the original Motion.

On May 2, 2018 an expedited telephonic hearing was conducted on
MidWestOne Bank's pending Motion for Relief from Stay. At the time
of the hearing, a number of stipulations were subject to further
negotiations and final revisions were read into the record.  These
stipulations applied to the Debtor's continued use of cash
collateral until May 11, 2018, when a final hearing was
anticipated.

The Debtor will adhere to the budget it provided for the April 13,
2018 hearing subject to a 15% expense variance.  Reports will be
provided to counsel for MidWestOne Bank, Donald Stalkfleet and
Kirkwood Community College no later than 4 business days from the
end of the prior week's operations.

Adequate protection payments will be paid to MidWestOne Bank based
upon an amount of a 5.5% interest only payable over 4 weeks
starting on April 20, 2018. Subject to the MidWestOne Bank's
confirmation of payment receipt of the adequate protection payments
for April 20, 2018 and April 27, 2018 the next payments will be due
on May 4 and May 11, 2018 respectively. The Debtor will
additionally make adequate protection payments to MidWestOne Bank
in the same weekly amount on May 18 and May 25, 2018.

Adequate protection payment will also be made to Donald Stalkfleet
based upon an interest rate of 5.5% in one installment.

A final hearing on the use of cash collateral will be scheduled for
May 30, 2018 by separate notice. Additional matters may be set for
hearing on May 30 to promote efficiency and judicial economy.  

A full-text copy of the Order is available at

          http://bankrupt.com/misc/iasb18-00622-109.pdf

                     About Zero Energy Systems

Zero Energy Systems, LLC -- http://www.zeroenergy-systems.com/--
provides state-of-the-art, computer-automated production of
proprietary insulated concrete wall systems for residential and
commercial construction.  The Company's wall panels are
specifically designed to store and release energy, creating a
net-zero effect within the wall, while also providing disaster
resistance, durability, and affordability.  The Company has a heavy
manufacturing facility at 428 Westcor Drive, Coralville, Iowa.

Zero Energy Systems filed a Chapter 11 petition (Bankr. S.D. Iowa
Case No. 18-00622) on March 25, 2018.  In the petition signed by
Scott Long, managing member, the Debtor disclosed $14.03 million in
total assets and $28.69 million in total liabilities.  Bradshaw,
Fowler, Proctor & Fairgrave PC is the Debtor's counsel. CohnReznick
Capital Markets Securities, LLC, is the investment banker.

The Office of U.S. Trustee for Region 12 appointed an official
committee of unsecured creditors on April 5, 2018.


[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re Montgomery Services, Inc. dba Mammoth Restoration of the Palm
Beaches
   Bankr. S.D. Fla. Case No. 18-15699
      Chapter 11 Petition filed May 11, 2018
         See http://bankrupt.com/misc/flsb18-15699.pdf
         represented by: Aaron A. Wernick, Esq.
                         FURR & COHEN
                         E-mail: awernick@furrcohen.com

In re Mammoth Restoration of Florida, LLC
   Bankr. S.D. Fla. Case No. 18-15700
      Chapter 11 Petition filed May 11, 2018
         See http://bankrupt.com/misc/flsb18-15700.pdf
         represented by: Aaron A. Wernick, Esq.
                         FURR & COHEN
                         E-mail: awernick@furrcohen.com

In re S & S Marketing Services, Inc.
   Bankr. S.D. Fla. Case No. 18-15703
      Chapter 11 Petition filed May 11, 2018
         See http://bankrupt.com/misc/flsb18-15703.pdf
         represented by: David L. Merrill, Esq.
                         THE ASSOCIATES
                         E-mail: dlmerrill@theassociates.com

In re A Taste of Mao Inc. dba China Xiang
   Bankr. E.D.N.Y. Case No. 18-42750
      Chapter 11 Petition filed May 11, 2018
         See http://bankrupt.com/misc/nyeb18-42750.pdf
         represented by: Lawrence Morrison, Esq.
                         MORRISON TENENBAUM, PLLC
                         E-mail: lmorrison@m-t-law.com

In re Hunan House Inc.
   Bankr. E.D.N.Y. Case No. 18-42752
      Chapter 11 Petition filed May 11, 2018
         See http://bankrupt.com/misc/nyeb18-42752.pdf
         represented by: Lawrence Morrison, Esq.
                         MORRISON TENENBAUM, PLLC
                         E-mail: lmorrison@m-t-law.com

In re Hunan Manor LLC
   Bankr. E.D.N.Y. Case No. 18-42753
      Chapter 11 Petition filed May 11, 2018
         See http://bankrupt.com/misc/nyeb18-42753.pdf
         represented by: Lawrence Morrison, Esq.
                         MORRISON TENENBAUM, PLLC
                         E-mail: lmorrison@m-t-law.com

In re Robert Small
   Bankr. E.D.N.Y. Case No. 18-42766
      Chapter 11 Petition filed May 11, 2018
         See http://bankrupt.com/misc/nyeb18-42766.pdf
         represented by: Michael Kennedy Karlson, Esq.
                         E-mail: mike429@aol.com

In re Phones Plus PA, Inc.
   Bankr. W.D. Pa. Case No. 18-21948
      Chapter 11 Petition filed May 11, 2018
         See http://bankrupt.com/misc/pawb18-21948.pdf
         represented by: Corey J. Sacca, Esq.
                         BONONI & COMPANY
                         E-mail: csacca@bononilaw.com

In re 3RD AVE 26 REST. CORP dba SUNFLOWER DINER
   Bankr. E.D.N.Y. Case No. 18-42767
      Chapter 11 Petition filed May 12, 2018
         See http://bankrupt.com/misc/nyeb18-42767.pdf
         represented by: Lawrence Morrison, Esq.
                         MORRISON TENENBAUM, PLLC
                         E-mail: lmorrison@m-t-law.com

In re Pegasus VIP & Tour Services, LLC
   Bankr. S.D. Tex. Case No. 18-32528
      Chapter 11 Petition filed May 12, 2018
         See http://bankrupt.com/misc/txsb18-32528.pdf
         represented by: Jesse Aguinaga, Esq.
                         AGUINAGA & ASSOCIATES
                         E-mail: jfa@aguinagaandassociates.com

In re Patrick Joseph Soria
   Bankr. C.D. Cal. Case No. 18-11229
      Chapter 11 Petition filed May 11, 2018
         represented by: Sandford L. Frey, Esq.
                         LEECH TISHMAN FUSCALDO & LAMPL, INC.
                         E-mail: sfrey@leechtishman.com

In re Aron James Geiger
   Bankr. D. Neb. Case No. 18-40838
      Chapter 11 Petition filed May 11, 2018
         represented by: P. Stephen Potter, Esq.
                         E-mail: office@potterlawne.net

In re Anna Pollatos
   Bankr. D.N.J. Case No. 18-19649
      Chapter 11 Petition filed May 11, 2018
         represented by: Justin M. Gillman, Esq.
                         GILLMAN & GILLMAN
                         E-mail: abgillman@optonline.net

In re Levi G. McCathern, II
   Bankr. N.D. Tex. Case No. 18-31615
      Chapter 11 Petition filed May 11, 2018
         represented by: Gerrit M. Pronske, Esq.
                         PRONSKE GOOLSBY & KATHMAN, P.C.
                         E-mail: gpronske@pgkpc.com

In re John David Dodd, III
   Bankr. N.D. Tex. Case No. 18-31616
      Chapter 11 Petition filed May 11, 2018
         represented by: Eric A. Liepins, Esq.
                         ERIC A. LIEPINS, P.C.
                         E-mail: eric@ealpc.com

In re Maikel Couto and Katherine M. Couto
   Bankr. S.D. Fla. Case No. 18-15812
      Chapter 11 Petition filed May 14, 2018
         represented by: Chad T. Van Horn, Esq.
                         VAN HORN LAW GROUP, P.A.
                         E-mail: Chad@cvhlawgroup.com

In re Absolute Concrete Services LLC
   Bankr. E.D. La. Case No. 18-11235
      Chapter 11 Petition filed May 14, 2018
         See http://bankrupt.com/misc/laeb18-11235.pdf
         represented by: Robin R. DeLeo, Esq.
                         THE DE LEO LAW FIRM, LLC
                         E-mail:
deleolawfirm@northshoreattorney.com

In re David O'Hearn and Rebecca O'Hearn
   Bankr. D. Mass. Case No. 18-40882
      Chapter 11 Petition filed May 14, 2018
         represented by: David C. Crossley, Esq.
                         CROSSLEY LAW OFFICES, LLC
                         E-mail: dcrossley@crossley-law.com

In re Tammy Patricia Royster
   Bankr. D. Md. Case No. 18-16535
      Chapter 11 Petition filed May 14, 2018
         represented by: David Erwin Cahn, Esq.
                         LAW OFFICE OF DAVID CAHN, LLC
                         E-mail: cahnd@cahnlawoffice.com

In re Derek Jay Godwin and Janean Russell Godwin
   Bankr. E.D.N.C. Case No. 18-02428
      Chapter 11 Petition filed May 14, 2018
         represented by: Jason L. Hendren, Esq.
                         HENDREN REDWINE & MALONE, PLLC
                         E-mail: jhendren@hendrenmalone.com

In re 2806 Paradise Isle, LLC
   Bankr. D. Nev. Case No. 18-12795
      Chapter 11 Petition filed May 14, 2018
         See http://bankrupt.com/misc/nvb18-12795.pdf
         represented by: Michael N. Beede, Esq.
                         LAW OFFICE OF MIKE BEEDE, PLLC
                         E-mail: mike@legallv.com

In re Moke Peace 11 Corp.
   Bankr. E.D.N.Y. Case No. 18-42780
      Chapter 11 Petition filed May 14, 2018
         See http://bankrupt.com/misc/nyeb18-42780.pdf
         represented by: Ira R. Abel, Esq.
                         LAW OFFICES OF IRA R. ABEL
                         E-mail: iraabel@verizon.net

In re Shaul Yakovi
   Bankr. C.D. Cal. Case No. 18-11256
      Chapter 11 Petition filed May 15, 2018
         represented by: William H Brownstein, Esq.
                         E-mail: Brownsteinlaw.bill@gmail.com

In re Michael Wayne Korf
   Bankr. D. Colo. Case No. 18-14182
      Chapter 11 Petition filed May 15, 2018
         represented by: Mark J. Berumen, Esq.
                         E-mail: notices@berumenlaw.com

In re Lusylma, LLC
   Bankr. D. Conn. Case No. 18-50617
      Chapter 11 Petition filed May 15, 2018
         See http://bankrupt.com/misc/ctb18-50617.pdf
         represented by: Russell Gary Small, Esq.
                         LAW OFFICE OF RUSSELL SMALL               
          E-mail: Russell@rgsmall.com

In re Nubia Marcella Perez
   Bankr. S.D. Fla. Case No. 18-15825
      Chapter 11 Petition filed May 15, 2018
         represented by: Thomas G Neusom, Esq.
                         E-mail: tgnoffice34@gmail.com

In re Andrew Economakis
   Bankr. D. Md. Case No. 18-16585
      Chapter 11 Petition filed May 15, 2018
         represented by: Justin M. Reiner, Esq.
                         AXELSON, WILLIAMOWSKY, BENDER & FISHMAN
                         E-mail: jmr@awbflaw.com

In re Sahar Abedrabbo
   Bankr. D.N.J. Case No. 18-19857
      Chapter 11 Petition filed May 15, 2018
         represented by: Noah M Burstein, Esq.
                         E-mail: bursteinlawyer@aol.com

In re Jubae Mujahid
   Bankr. S.D.N.Y. Case No. 18-11476
      Chapter 11 Petition filed May 15, 2018
         represented by: Mark R. Bernstein, Esq.
                         LAW OFFICES OF GREGORY MESSER, PLLC
                         E-mail: mbernstein@messer-law.com

In re DWM Restaurants Corporation
   Bankr. W.D. Wash. Case No. 18-11957
      Chapter 11 Petition filed May 15, 2018
         See http://bankrupt.com/misc/wawb18-11957.pdf
         represented by: Lawrence M Blue, Esq.
                         BOUNTIFUL LAW, PLLC
                         E-mail: bluecs_3@hotmail.com

In re Breton Lee Morgan
   Bankr. S.D.W.V. Case No. 18-30219
      Chapter 11 Petition filed May 15, 2018
         represented by: Joe M. Supple, Esq.
                         E-mail: info@supplelaw.net

In re Alexandria Seo
   Bankr. C.D. Cal. Case No. 18-15610
      Chapter 11 Petition filed May 16, 2018
         Filed Pro Se

In re SM Seed & Milling, LLC
   Bankr. S.D. Cal. Case No. 18-02961
      Chapter 11 Petition filed May 16, 2018
         See http://bankrupt.com/misc/casb18-02961.pdf
         Filed Pro Se

In re Stone Place International
   Bankr. M.D. Fla. Case No. 18-04000
      Chapter 11 Petition filed May 16, 2018
         See http://bankrupt.com/misc/flmb18-04000.pdf
         represented by: John P Sherman, Esq.
                         GALLARDO LAW OFFICE, P.A.
                         E-mail: civil@gallardolawyers.com

In re Calvert Development, LLC
   Bankr. D. Md. Case No. 18-16648
      Chapter 11 Petition filed May 16, 2018
         See http://bankrupt.com/misc/mdb18-16648.pdf
         Filed Pro Se

In re JKI IV, Inc.
   Bankr. D.N.J. Case No. 18-19909
      Chapter 11 Petition filed May 16, 2018
         See http://bankrupt.com/misc/njb18-19909.pdf
         represented by: Nella M. Bloom, Esq.
                         BIELLI & KLAUDER LLC
                         E-mail: nbloom@bk-legal.com

In re Dauphin County Property Investors LLC
   Bankr. M.D. Pa. Case No. 18-02039
      Chapter 11 Petition filed May 16, 2018
         See http://bankrupt.com/misc/pamb18-02039.pdf
         Filed Pro Se

In re Rosalinda Eckhardt
   Bankr. S.D. Tex. Case No. 18-50067
      Chapter 11 Petition filed May 16, 2018
         represented by: Jesse Blanco, Jr., Esq.
                         E-mail: lawyerjblanco@gmail.com

In re 22 South Madison, LLC
   Bankr. S.D.N.Y. Case No. 18-22748
      Chapter 11 Petition filed May 17, 2018
         See http://bankrupt.com/misc/nysb18-22748.pdf
         Filed Pro Se


                            *********

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.

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