/raid1/www/Hosts/bankrupt/TCR_Public/180718.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Wednesday, July 18, 2018, Vol. 22, No. 198

                            Headlines

109 WEST 141 STREET: Case Summary & Unsecured Creditor
417 RENTALS: Arvest Bank, Legacy Bank Oppose Plan Confirmation
A TOP NEW CASTING: Taps James Benak for 7th Circuit Appeal
A TOP NEW CASTING: Taps James Joyce as Legal Counsel
ABDEL K FUSTOK MDPA: Case Summary & 13 Unsecured Creditors

ACTIVECARE INC: Case Summary & 20 Largest Unsecured Creditors
ALERA GROUP: Moody's Gives B3 CFR & Rates Secured Loans B3
ALERA GROUP: S&P Assigns 'B' Issuer Credit Rating, Outlook Stable
ALTADENA LINCOLN: Court Disallows Secured Creditor's Claims
AMERICAN CENTER: Taps Lourdes Ledon as Special Counsel

BK RACING: Trustee Allowed to Use Cash Collateral Until July 31
BRUIN E&P: Moody's Gives B2 CFR & Rates $600MM Unsec. Notes B3
BRUIN E&P: S&P Assigns 'B' Corp. Credit Rating, Outlook Stable
CABLE & WIRELESS: Fitch Affirms BB- IDR & Alters Outlook to Stable
CALEXICO CRA: S&P Puts CCC+ Rating on Tax Bonds on Watch Developing

CARTHAGE SPECIALTY: Needs More Time to File Reorganization Plan
CARTHAGE SPECIALTY: Needs to Review Operations & Evaluate Leases
CASTEX ENERGY: Remand of Apache Suit to Texas State Court Upheld
CHICAGO EDUCATION BOARD: Moody's Hikes GOULT Debt Rating to B2
COMPASS PUBLIC: S&P Alters Outlook to Neg. & Affirms BB Debt Rating

COMSTOCK RESOURCES: Moody's Hikes CFR to B2, Outlook Stable
CONSERVE MERGER: Moody's Assigns B2 CFR, Outlook Negative
CRCI LONGHORN: S&P Assigns 'B' Corp. Credit Rating, Outlook Stable
CYN RESTAURANTS: Judge Signs 7th Preliminary Cash Collateral Order
D'BEST BEVERAGES: Judge Okayed Cash Collateral Stipulation

DAVID GEERTS: $34K Sale of Fulton Property to Community State OK'd
DAVID GEERTS: $45K Sale of Erie Property to Community State Okayed
DAVID GEERTS: $50K Sale of Fulton Property to Community State OK'd
DDC GROUP: Wants to Use Cash Collateral on Emergency Basis
DESIGNED TO MOVE: Employment of Paine to Liquidate Inventory Okayed

DISASTERS STRATEGIES: Case Summary & 20 Top Unsecured Creditors
DON FRAME TRUCKING: Hearing on Cash Collateral Bid Moved to July 30
DON FRAME TRUCKING: May Use Cash to Pay Pre-Petition Payroll Duties
DWM RESTAURANTS: Taps Bountiful Law as Legal Counsel
ELEMENTS BEHAVIORAL: July 18 Auction of All Assets Set

ENERGY TRANSFER: Fitch Rates Series D Preferred Equity 'BB'
ENERGY TRANSFER: Moody's Rates New Series D Preferred Stock 'Ba2'
ENERGY TRANSFER: S&P Rates Series D Preferred Units 'B'
ENTRAVISION COMMUNICATIONS: S&P Cuts CCR to 'B+', Outlook Stable
ESCALERA RESOURCES: $20K Sale of Madden Assets to 31 Group Approved

EXPERT CAR CARE 3: Seeks Authorization on Cash Collateral Use
EXPERT CAR CARE 4: Seeks Access to Regions Bank Cash Collateral
FALLS AT ELK GROVE: Voluntary Chapter 11 Case Summary
GENERAC POWER: Moody's Raises CFR to Ba2, Outlook Stable
GOEASY LTD: S&P Affirms 'BB-' Issuer Credit Rating, Outlook Stable

GOOD CLOTHING: Judge Approves 4th Interim Cash collateral Use
GRUBB & ELLIS: Court Narrows Claims in BGC Suit vs Avision, et al.
H N HINCKLEY: May Continue Using Cash Collateral Through July 26
HARRIS FINANCIAL: Seeks Authorization on Cash Collateral Use
HCA HEALTHCARE: S&P Ups Corp. Credit Rating to BB+, Outlook Stable

HG VENTURES: Wants to Use Cash Collateral, Keep Factoring Deal
HKD TREATMENT: Proposed $5K Sale of 2009 Toyota Camry Withdrawn
INPRINT MANAGEMENT: Taps Lisa Grady as Bookkeeper
JULIA L. MORGUNOVA: Proposed $840K Sale of Brooklyn Property Okayed
JUMIO INC: Briefing Schedule Extended Until After Mediation

KAPPA DEVELOPMENT: Taps Jeff Martin as Auctioneer
KIM CRAWFORD: District Court Affirms Order Sanctioning Lawyer
KMC TRUCKING: Case Summary & 5 Unsecured Creditors
LA CASA DE PEDRO: Granted Consent on Interim Cash Collateral Use
LODESTONE OPERATING: Voluntary Chapter 11 Case Summary

LUCKY DRAGON: Judge Enters Final Cash Collateral Order
M.F. ANWAR M.D.: Case Summary & 5 Unsecured Creditors
MAGNOLIA OIL: Moody's Assigns B1 CFR & B3 Sr. Unsec. Notes Rating
MENSONIDES DAIRY: Taps Alegria & Company as Accountant
MENSONIDES DAIRY: Taps Bodine Consulting Services as Consultant

MENSONIDES DAIRY: Taps Steven Sackmann as Bankruptcy Counsel
MENSONIDES DAIRY: Taps Toni Meacham as Co-Counsel
MICHAEL LEVITZ: Sale of Seattle Vacant Parcel for $600K Denied
MOTORS LIQUIDATION: Summary Disposition in Favor of Voith Affirmed
MOUNTAIN CRANE: Unsecureds May Get 63.5% Over 10 Years

NACOGDOCHES COUNTY HOSP: S&P Cuts Rating on Tax Bonds to B-
NELSON INFRASTRUCTURE: Involuntary Chapter 11 Case Summary
NEW CITY AUTO: Case Summary & 11 Unsecured Creditors
NORTH CAROLINA FURNITURE: Texas Court Stays Appeals Case vs ECC
PARKER BUILDING: Voluntary Chapter 11 Case Summary

PEPPERELL MILLS: Has Authorization to Use Cash Collateral
PETROLEUM TOWERS: Has Until July 31 to Exclusively File Plan
PHILADELPHIA HAITIAN: Needs More Time to File Plan
RAMLA USA: $189K Sale of Central Kitchen to Summer Rolls Approved
REBUILTCARS CORP: Authorized to Continue Using AFC Cash Collateral

REBUILTCARS CORP: Thirteenth Interim Cash Collateral Order Entered
RENT-A-WRECK: Appeals Case Not Amenable to Mediation, Ct. Says
RESIDENTIAL CAPITAL: Lolina Porter Bid to File Late Claim Nixed
REVOLUTION ALUMINUM: Trustee's 4th Amended Plan Confirmed
ROCKDALE HOSPITALITY: Plan Outline Okayed, Plan Hearing on Aug. 21

SHREEDEVI AA: Taps Eric A. Liepins as Legal Counsel
SIGEL'S BEVERAGES: Court Confirms Chapter 11 Liquidation Plan
SOLYMAN YASHOUAFAR: H. Abselet Entitled to $486K in Damages
STAND-UP MULTI-POSITIONAL: Voluntary Chapter 11 Case Summary
SUNSET PARTNERS: Allowed to Use Cash Collateral Until October 2

TATONKA ACQUISITIONS: Allowed to Use Rents From Wolf Creek Property
TATONKA ACQUISITIONS: Authorized to Use Rents of Alamo Property
TREATMENT CENTER: Taps National Auction Company as Auctioneer
VERSO PAPER: Moody's Hikes CFR to B1, Outlook Stable
VESTA ENERGY: S&P Assigns 'B-' Corp. Credit Rating, Outlook Stable

WESTMINSTER LIVESTOCK: Use of ACNB Bank Cash Collateral Enjoined
WILLIAM PARKER: Bankr. Ct. to Address Prepetition Default Interest
WILLOW BEND: LDR Must Prove Out of State Tax Was Illegally Assessed
WOODBRIDGE GROUP: Anti-Assignment Clause Legally Valid, Court Rules
ZAHMEL RESTAURANT: Seeks Approval of Cash Collateral Stipulation

ZIVKO KNEZOVIC: Court Upholds Summary Judgment in Favor of UPB
[] 2018 DI Conference Discount Tickets Available for Early Birds

                            *********

109 WEST 141 STREET: Case Summary & Unsecured Creditor
------------------------------------------------------
Debtor: 109 West 141 Street Corporation
        103-109 West 141 Street
        New York, NY 10030

Business Description: 109 West 141 Street Corporation owns a real
                      property located at 103-109 West 141 Street,

                      New York, New York 10030, valued by the
                      company at $4.30 million.

Chapter 11 Petition Date: July 16, 2018

Court: United States Bankruptcy Court
       Southern District of New York (Manhattan)

Case No.: 18-12148

Debtor's Counsel: Rachel S. Blumenfeld, Esq.
                  LAW OFFICE OF RACHEL S. BLUMENFELD
                  26 Court Street, Suite 2220
                  Brooklyn, NY 11242
                  Tel: (718) 858-9600
                  Fax: (718) 858-9601
                  Email: rblmnf@aol.com

Total Assets: $4,701,000

Total Liabilities: $2,500,000

The petition was signed by Carolyn Bovell, shareholder and
secretary.

The Debtor lists the NYC Dept. of Finance as its sole unsecured
creditor holding a claim of $2.50 million.

A full-text copy of the petition is available for free at:
  
          http://bankrupt.com/misc/nysb18-12148.pdf


417 RENTALS: Arvest Bank, Legacy Bank Oppose Plan Confirmation
--------------------------------------------------------------
Arvest Bank, a secured creditor of 417 Rentals, LLC, asked the U.S.
Bankruptcy Court for the Western District of Missouri to deny the
company's proposed Chapter 11 plan of reorganization, saying the
bank does not consent to the treatment of its claims.

"The plan proposes to alter the contractual payment terms of the
Arvest Class 3 claims even though such claims are admitted to be
and are to be treated as fully secured by failing to provide
payment to Arvest Bank at its contractual interest rate and
repayment terms," said the bank's attorney, Burton Stacy Jr., Esq.,
at Hood & Stacy, P.A., in Bentonville, Arkansas.

Under the plan, 417 Rentals classifies the three outstanding loans
owed to Arvest Bank as Class 3b, Class 3c and Class 3d.  The plan
proposes to treat the claims as fully secured, payable in
interest-only installments for the first 30 months at the contract
rate and thereafter in installments of principal and interest for
months 31 through 60 of the plan.

"The plan fails to provide that provision of the loan documents
that represent the Arvest Class 3 claims will continue in full
force and effect except as modified by the plan," Mr. Stacy said in
court papers.

The attorney also criticized the disclosure statement, which
explains the proposed plan, saying it does not provide "adequate
information."

Under U.S. bankruptcy law, the proponent of a Chapter 11 plan must
get court approval of its disclosure statement to begin soliciting
acceptances from creditors.  The document must contain adequate
information to enable creditors to make an informed decision about
the plan.

The plan had also drawn objection from Legacy Bank and Trust.  The
creditor said the plan is not feasible in violation of section 1129
(a)(11) of the Bankruptcy Code.  Legacy Bank also complained that
the disclosure statement does not contain adequate information.

Arvest Bank can be reached through:

     Burton E. Stacy Jr., Esq.
     Hood & Stacy, P.A.
     P.O. Box 271     
     Bentonville, AR 72712
     Phone: (479) 273-3377  
     Fax: (479) 273-3419
     Email: info@hoodandstacy.com

Legacy Bank can be reached through:

     Rodney H. Nichols, Esq.
     Spencer Fane, LLP
     2144 E. Republic Road, Suite B300
     Springfield, MO 65804
     Phone: 417.888.1000 / 417.888.1023
     Fax: 417.881.8035
     Email: rnichols@spencerfane.com

          -- and --

     Eric L. Johnson, Esq.  
     Spencer Fane, LLP
     1000 Walnut Street, Suite 1400
     Kansas City, MO 64106
     Tel: 816.474.8100 / 816.292.8267
     Fax: 816.474.3216
     Email: ejohnson@spencerfane.com

                         About 417 Rentals

Based in Brookline, Missouri, 417 Rentals, LLC, is a privately held
company in the real estate rental service industry.  417 Rentals
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
W.D. Mo. Case No. 17-60935) on Aug. 25, 2017.  Christopher Gatley,
its member, signed the petition.  At the time of the filing, the
Debtor estimated assets and liabilities of $1 million to $10
million.  Ronald S. Weiss, Esq., at Berman, DeLeve, Kuchan &
Chapman, LLC, serves as the Debtor's bankruptcy counsel.  Joseph
Christopher Greene, Esq., is the Debtor's litigation counsel.


A TOP NEW CASTING: Taps James Benak for 7th Circuit Appeal
----------------------------------------------------------
A Top New Casting, Inc., seeks approval from the U.S. Bankruptcy
Court for the Western District of New York to hire James Benak,
Esq., as legal counsel.

Mr. Benak will represent the Debtor in its appeal to the 7th
Circuit Court of Appeals from the decision issued by the U.S.
District Court for the Northern District of Illinois, which
oversees the case filed by Bodum USA, Inc., against the Debtor.

The Debtor proposes to pay the attorney an hourly fee of $450.

Mr. Benak disclosed in a court filing that he neither holds nor
represents any interest adverse to the Debtor's estate.

Mr. Benak maintains an office at:

     James D. Benak, Esq.
     227 West Monroe Street, Suite 3650
     Chicago, IL 60606

                   About A Top New Casting Inc.

A Top New Casting, Inc., a supplier of engine parts in Buffalo, New
York, sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. W.D.N.Y. Case No. 18-11110) on June 7, 2018.  In the
petition signed by Jian Liang, officer, the Debtor estimated assets
of less than $100,000 and liabilities of $1 million to $10 million.
Judge Carl L. Bucki presides over the case.  JAMES JOYCE serves as
bankruptcy counsel to the Debtor.


A TOP NEW CASTING: Taps James Joyce as Legal Counsel
----------------------------------------------------
A Top New Casting, Inc. seeks approval from the U.S. Bankruptcy
Court for the Western District of New York to hire James M. Joyce,
Esq., as its legal counsel.

As counsel, Mr. Joyce will advise the Debtor regarding its duties
under the Bankruptcy Code; assist in the preparation of a
bankruptcy plan; and provide other legal services related to its
Chapter 11 case.  He will charge an hourly fee of $250.

Mr. Joyce neither holds nor represents any interest adverse to the
Debtor's estate, according to court filings.

Mr. Joyce maintains an office at:

     James M. Joyce, Esq.
     James Joyce
     4733 Transit Road
     Lancaster, NY 14043
     Tel: 716-656-0600
     Fax: 716-656-0607
     Email: jmjoyce@lawyer.com

                   About A Top New Casting Inc.

A Top New Casting, Inc., a supplier of engine parts in Buffalo, New
York, sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. W.D.N.Y. Case No. 18-11110) on June 7, 2018.  In the
petition signed by Jian Liang, officer, the Debtor estimated assets
of less than $100,000 and liabilities of $1 million to $10 million.
Judge Carl L. Bucki presides over the case.  JAMES JOYCE serves as
bankruptcy counsel to the Debtor.


ABDEL K FUSTOK MDPA: Case Summary & 13 Unsecured Creditors
----------------------------------------------------------
Debtor: Abdel K. Fustok MDPA
        4126 Southwest Freeway, Suite 1120
        Houston, TX 77027

Business Description: Abdel K. Fustok MDPA is a private practice
                      specializing in plastic, breast, and
                      reconstructive surgery and cosmetic surgery
                      based in Houston, Texas.

Chapter 11 Petition Date: July 13, 2018

Case No.: 18-33922

Court: United States Bankruptcy Court
       Southern District of Texas (Houston)

Judge: Hon. David R. Jones

Debtor's Counsel: Kristin Nicole Rhame, Esq.
                  THE RHAME LAW FIRM
                  227 E. Edgewood
                  Friendswood, TX 77546
                  Tel: 832-314-4630
                  Fax: 8322034498
                  Email: kristin@rhamelaw.com

Total Assets: $654,577

Total Liabilities: $1,075,107

The petition was signed by Abdel Fustok, authorized
representative.

A full-text copy of the petition containing, among other items, a
list of the Debtor's 13 unsecured creditors is available for free
at:

              http://bankrupt.com/misc/txsb18-33922.pdf


ACTIVECARE INC: Case Summary & 20 Largest Unsecured Creditors
-------------------------------------------------------------
Affiliated companies that have filed voluntary petitions seeking
relief under Chapter 11 of the Bankruptcy Code:

    Debtor                                       Case No.
    ------                                       --------
    ActiveCare, Inc.                             18-11659
    1365 West Business Park Drive
    Orem, UT 84058

    4G Biometrics, LLC                           18-11660
    1365 West Business Park Drive
    Orem, UT 84058

Business Description: ActiveCare, Inc. --
                      https://www.activecare.com -- is a real-time
                      health analytics and monitoring company
                      that provides self-insured health plans with
                      solutions that significantly reduce the
                      impact and cost of diabetes.  The company
                      has created a "CareCenter" where trained
                      specialists directly engage members while
                      monitoring their condition.  The company's
                      CareCenter is centrally located at its
                      headquarters in Orem, Utah and can monitor
                      diabetics throughout the United States.
                      4G Biometrics is a wholly owned subsidiary
                      of ActiveCare.

Chapter 11 Petition Date: July 15, 2018

Court: United States Bankruptcy Court
       District of Delaware (Delaware)

Judge: Hon. Laurie Selber Silverstein

Debtors' Counsel: Christopher A. Ward, Esq.
                  POLSINELLI PC
                  222 Delaware Avenue, Suite 1101
                  Wilmington, DE 19801
                  Tel: 302-252-0920
                  Fax: 302-252-0921
                  Email: cward@polsinelli.com

Debtors'
Special
Corporate
Counsel:          LOCKE LORD LLP

ActiveCare's Total Assets: $2,623,458
ActiveCare's Total Liabilities: $41,787,746

4G Biometrics' Estimated Assets: $0 to $50,000
4G Biometrics Estimated Debt: $0 to $50,000

The petitions were signed by Mark J. Rosenblum, chief executive
officer.

A full-text copy of the petition containing, among other items, a
list of ActiveCare's 20 largest unsecured creditors is available
for free at:

           http://bankrupt.com/misc/deb18-11659.pdf

A full-text copy of 4G Biometrics's petition containing, among
other items, a list of the Debtor's 20 largest unsecured creditors
is available for free at:

           http://bankrupt.com/misc/deb18-11660.pdf


ALERA GROUP: Moody's Gives B3 CFR & Rates Secured Loans B3
----------------------------------------------------------
Moody's Investors Service has assigned a B3 corporate family rating
and B3-PD probability of default rating to Alera Group Intermediate
Holdings, Inc. (Alera Group), an insurance broker that offers
primarily group employee benefits and related advisory services to
middle market companies. The rating agency has also assigned a B3
rating to the senior secured credit facilities being issued by
Alera Group to refinance an existing credit facility, fund
near-term acquisitions, and pay related fees and expenses. The
rating outlook for Alera Group is stable.

RATINGS RATIONALE

According to Moody's, Alera Group's ratings reflect its expertise
in employee benefits, healthy EBITDA margins and good organic
growth. Alera Group has a limited operating history as a company,
having begun operations in January 2017, but its 24 founding
agencies have a shared history since most of them were part of the
Benefit Advisors Network (BAN), a membership organization that
Alera Group owns. BAN is a network of small agencies that pay a fee
to use a shared platform of employee benefit resources, such as
data analytics, ERISA attorneys, and employee benefits advice. As
of March 31, 2018, Alera Group had acquired a couple dozen mostly
small agencies in addition to the original 24 that merged at the
formation of the company.

Alera Group's strengths are offset by the company's limited revenue
diversification, concentrated geographic presence in the Northeast,
and modest size relative to other rated insurance brokers and
service companies. Given its short operating history, Alera Group's
challenges also include the building out of its infrastructure and
integrating a large number of small agencies that have been
acquired since its inception. Like other insurance brokers, Alera
Group faces contingent risks (e.g., exposure to errors and
omissions) in the delivery of professional services.

Following the refinancing, Moody's estimates that Alera Group's pro
forma debt-to-EBITDA ratio will be about 6x, with (EBITDA - capex)
coverage of interest between 1.5x and 2.0x and a
free-cash-flow-to-debt ratio in the low-to-mid-single digits. These
pro forma metrics include Moody's adjustments for operating leases,
contingent earnout obligations, run-rate EBITDA from completed
acquisitions, and certain non-recurring costs and other items.

The following factors could lead to an upgrade of Alera Group's
ratings: (1) debt-to-EBITDA ratio declining below 5.5x, (2) (EBITDA
- capex) coverage of interest consistently exceeding 2x, (3)
free-cash-flow-to-debt ratio exceeding 5%, and (4) demonstrated
ability to grow revenue and expand margins.

The following factors could lead to a downgrade of Alera Group's
ratings: (1) debt-to-EBITDA ratio consistently above 6.5x, (2)
(EBITDA-capex) coverage of interest below 1.2x, or (3)
free-cash-flow-to-debt ratio below 2%.

Moody's has assigned the following ratings (and loss given default
(LGD) assessments) to Alera Group:

Corporate family rating at B3;

Probability of default rating at B3-PD;

$80 million five-year senior secured revolving credit facility at
B3 (LGD3);

$425 million seven-year senior secured term loan at B3 (LGD3).

The rating outlook for Alera Group is stable.

The principal methodology used in these ratings was Insurance
Brokers and Service Companies published in June 2018.

Based in Deerfield, Illinois, Alera Group operates as a holding
company for agencies headquartered in over 15 states and across 26
locations with a concentration in the Northeast. The company serves
a diversified client base of more than 20,000 middle market
businesses nationally, providing services in employee benefits,
along with property and casualty and wealth management services.
Alera Group generated revenue of $179 million for the 12 months
through the end of March 2018.


ALERA GROUP: S&P Assigns 'B' Issuer Credit Rating, Outlook Stable
-----------------------------------------------------------------
S&P Global Ratings said it assigned Illinois-based insurance
services broker Alera Group Intermediate Holdings Inc. its 'B'
long-term issuer credit rating. The outlook is stable. S&P said,
"We also assigned our 'B' debt rating and '3' recovery rating to
Alera Group's proposed $505 million credit facilities, which
consist of an $80 million revolver due 2023 and $425 million
first-lien term loan due 2025. The '3' recovery rating indicates we
expect meaningful recovery (50%-70%; rounded estimate: 50%) in the
event of a payment default."

S&P said, "The stable outlook reflects our expectations that Alera
Group will display healthy revenue and EBITDA growth and maintain
relatively steady credit metrics with enough free cash flow to
support its acquisitive strategy. We expect the company to maintain
a pro forma debt to EBITDA of 5.8x-6.2x as of year-end 2018 and
5.5x-6.5x in 2019 depending on the pace and size of its acquisition
spend. We also expect the company to maintain heathy margins of
roughly 27%-30% during the next two years and EBITDA interest
coverage above 2x."

Downside scenario

S&P would consider lowering the rating in the next 12 months if
Alera Group's credit protection measures worsen materially,
including leverage over 7x and EBITDA coverage below 2x, through
either deterioration in organic growth, operating margins,
cash-flow generation, or more aggressive financial policies.

Upside scenario

Although an upgrade is unlikely within the next 12 months, S&P
could raise the rating if cash-flow generation were to improve
financial leverage and EBITDA coverage to a more-conservative level
including financial leverage sustained at less than 5x and EBITDA
coverage above 3x, combined with a track record of profitable
growth and enhanced scale and diversification.


ALTADENA LINCOLN: Court Disallows Secured Creditor's Claims
-----------------------------------------------------------
In the bankruptcy case in re: Altadena Lincoln Crossing LLC,
Chapter 11, Debtor(s), Case No. 2:17-bk-14276-BB (Bankr. C.D.
Cal.), Debtor Altadena Lincoln Crossing LLC objected to proofs of
claim nos. 9 and 11 filed by secured creditor East West Bank.

After conducting evidentiary hearings, Bankruptcy Judge Sheri
Bluebond holds that the default interest that EWB seeks to collect
from the Debtor constitutes an unenforceable penalty that may not
be collected pursuant to California Civil Code section 1671(b).
Accordingly, claims nos. 9 and 11 will be disallowed to the extent
that these claims include default interest. More specifically, with
regard to claim no. 11, the total amount of the claim asserted by
EWB (without deduction for any payments received that EWB received
from Peter Mastan (the "BGM Trustee") in his capacity as chapter 11
trustee for BGM Pasadena, will be recalculated without default
interest, and EWB will hold an allowed secured claim in this
bankruptcy case for the amount, if any, by which the Recalculated
Amount exceeds the payments that EWB received from Mastan.

The Court rejects EWB's argument that the acknowledgments and
waivers contained in the Forbearance Agreements bar the Debtor from
challenging the default interest provisions at this point. EWB has
cited no authority for the proposition that an unenforceable
penalty will be rendered enforceable if the borrower signs an
acknowledgment that it is obligated to pay the penalty or if the
borrower agrees to waive any defenses it may have to the obligation
to pay this amount. Moreover, in each Forbearance Agreement (with
the exception of the third), EWB agreed to forgive default interest
provided the obligation was repaid at maturity, effectively
creating a new liquidated damages provision that would need to be
examined to ascertain whether it was an unenforceable penalty. As
the amount of accrued default interest was larger each time EWB and
the Debtor executed a new forbearance agreement, it would become
harder and harder for the Court to find a reasonable relationship
between the liquidated damages amount and any damages that the
parties anticipated would flow from breach of the Forbearance
Agreement. The Court finds no reason to conclude that the drafters
of section 1671(b), who intended for the analysis to be performed
at the inception of a loan, would have meant for the court to
re-examine the result produced by a liquidated damage provision
each time the parties extended the maturity date of a loan or any
other due date for performance.

As this result means that the Debtor is the prevailing party with
regard to its objections to the EWB Claims, EWB will not include in
its calculations of the attorneys' fees that it seeks to recover as
part of the EWB Claims any attorneys' fees or costs incurred in
defending against the Objections, and the Debtor will be entitled
to a credit against any amounts that it will otherwise be due EWB
on account of the EWB Claims for such amount as the Court may later
determine constitutes its reasonable attorneys' fees and expenses
for prosecuting the Objections.

A full-text copy of the Court's Findings dated June 20, 2018 is
available at https://bit.ly/2m9IRp9 from Leagle.com.

Altadena Lincoln Crossing LLC, a Delaware limited liability
company, Debtor, represented by Lisa Lenherr -- llenherr@wendel.com
-- & Gregory M. Salvato -- gsalvato@salvatolawoffices.com --
Salvato Law Offices.

United States Trustee, U.S. Trustee, represented by Ron Maroko.

          About Altadena Lincoln Crossing

Headquartered in Pasadena, California, Altadena Lincoln Crossing
LLC, a Delaware limited liability company, filed for Chapter 11
bankruptcy protection (Bankr. C.D. Cal. Case No. 17-14276) on April
7, 2017, estimating its assets and liabilities at between $10
million and $50 million each. The petition was signed by Greg
Galletly, its manager.

The Debtor is an affiliate of BGM Pasadena, LLC, which sought
bankruptcy protection (Bankr. C.D. Cal. Case No. 15-27833) on Nov.
20, 2015.

Judge Julia W. Brand presides over Altadena’s case. James A.
Tiemstra, Esq., at Tiemstra Law Group PC serves as the Debtor’s
bankruptcy counsel. Gregory M. Salvatao Esq. at Salvato Law Offices
serves as the Debtor’s general bankruptcy and litigation counsel.
Coldwell Banker Commercial North Country serves as the Debtor’s
real estate broker.


AMERICAN CENTER: Taps Lourdes Ledon as Special Counsel
------------------------------------------------------
American Center for Civil Justice, Inc., seeks approval from the
U.S. Bankruptcy Court for the District of New Jersey to hire
Lourdes Morera Ledon, Esq., as special counsel.

Ms. Ledon will represent the Debtor in a case entitled Lourdes
Domenech Guzman et al. v. Gilberto Guzman Ramos et al. (Civil No.
DAC2010-3790), which is pending before the Puerto Rico Court of
First Instance, Superior Division of Bayamon.

The Debtor proposes to pay the attorney an hourly fee of $250 for
her services.  Paralegals will be paid $75 per hour.

Ms. Ledon disclosed in a court filing that she is "disinterested"
as defined in section 101(14) of the Bankruptcy Code.

              About American Center for Civil Justice

American Center for Civil Justice, Inc., is a tax-exempt
organization that provides legal services.  The organization
defends human and civil rights by advocating and aiding lawsuits by
victims of oppression, acts of violence and other injustices.

American Center for Civil Justice filed voluntary petitions for
relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.N.J.
Lead Case No. 18-15691) on March 23, 2018.  In the petition signed
by Elie Perr, president, the company estimated $10 million to $50
million in assets and liabilities.

The Honorable Christine M. Gravelle presides over the case.  

Broege, Neumann, Fischer & Shaver LLC, led by Timothy P. Neumann,
is the Debtors' counsel.


BK RACING: Trustee Allowed to Use Cash Collateral Until July 31
---------------------------------------------------------------
The Hon. J. Craig Whitley of the U.S. Bankruptcy Court for the
Western District of North Carolina authorized Matthew Smith, the
Chapter 11 trustee for BK Racing, LLC, to use cash collateral in
the ordinary course of the Debtor's business from the Appointment
Date through July 31, 2018.

A status hearing on the use of cash collateral will be held on July
24, 2018 at 9:30 a.m.

Union Bank & Trust alleges that, before the Petition Date, it
loaned more than $12,000,000 to Ronald C. Devine and certain of his
related entities (including the Debtor with respect to one of such
loan) pursuant to various promissory notes and the Debtor executed
written security agreements in favor of Union Bank, pursuant to
which the Debtor granted to Union Bank a security interest in all
of the Debtor's assets. Accordingly, Union Bank asserts a
first-priority lien on the collateral.

The Internal Revenue Service has also appeared in this case and
claims an interest in the cash collateral.

Since his appointment, the Trustee has learned that Ronald G.
Ingalls and Virginia Racers Group, LLC might also have some
interest in the Cash Collateral. Mr. Ingalls and Virginia Racers
Group will have until August 1, 2018, to file a written notice with
the Court claiming a security interest in and lien upon the cash
collateral.

The Trustee may use the cash collateral to satisfy obligations or
expenses incurred in the ordinary course of the Debtor's business,
so long as such obligations and expenses are consistent with the
budgets and reports previously delivered to the Secured Creditors
since the Appointment Date or consistent with the Budget.

As a condition to using any Cash Collateral pursuant to the Order,
the Trustee will deliver to the Secured Creditors by each Wednesday
the following:

      (1) A report of all cash receipts and cash disbursements for
the preceding week, in substantially the same format as the Budget,
reflecting actual income, revenues and expenses; and

      (2) A cumulative report for the period from the Appointment
Date through the preceding week, in substantially the same format
as the Budget, reflecting actual income, revenues and expenses.

The Secured Creditors are granted valid, attached, choate,
continuing, perfected, and otherwise enforceable security interests
in and replacement liens on post-petition assets acquired using the
Cash Collateral (whether such use occurred before or after the
Appointment Date) to the same validity, extent and priority as
existed before the Petition Date.

As additional adequate protection for the Secured Creditors'
claimed interests in Cash Collateral, to the extent the Trustee
uses such Cash Collateral on and after the Petition Date, the
Secured Creditors are granted a super-priority claim under Section
507(b) of the Code to the extent the adequate protection granted in
the Order proves to be inadequate.

The Trustee's authority to use Cash Collateral in accordance with
the terms and conditions set forth in the Order will terminate on
the earliest to occur of:

      (1) The Trustee's failure to comply with any of the terms and
conditions set forth in the Order;

      (2) The Trustee's failure to have filed a motion with the
Court on or before July 13, 2018, to approve procedures acceptable
to the Secured Creditors for, as the Trustee may determine after
consultation with the Secured Creditors, the sale of the Debtor's
race team operations as a going concern or the sale or lease of the
Debtor's interest in Charter Member Agreement #32;

      (3) The Court's appointment of a Chapter 11 trustee other
than Matthew W. Smith; and

      (4) The conversion of this Chapter 11 case to a case under
Chapter 7, unless the Court authorizes the further use of Cash
Collateral or unless the Secured Creditors otherwise consent in
writing.

A full-text copy of the Order is available at

           http://bankrupt.com/misc/ncwb18-30241-141.pdf

                        About BK Racing

BK Racing, LLC, is a Monster Energy NASCAR Cup Series Toyota Racing
team headquartered in Charlotte, North Carolina.  The team was
founded in 2012 after owners Ron Devine and Wayne Press acquired
Red Bull Racing.

BK Racing sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. W.D.N.C. Case No. 18-30241) on Feb. 15, 2018.  In its
petition signed by Kathy Burch, power of attorney for managing
member Brenda Devine, the Debtor estimated assets and liabilities
of $10 million to $50 million.  

Judge Craig J. Whitley presides over the case.  

The Debtor hired The Henderson Law Firm PLLC as its legal counsel.

Matthew W. Smith was appointed to serve as Chapter 11 trustee for
the Debtor.  The trustee hired Grier Furr & Crisp, PA as his legal
counsel, and The Finley Group, Inc. as his financial advisor.


BRUIN E&P: Moody's Gives B2 CFR & Rates $600MM Unsec. Notes B3
--------------------------------------------------------------
Moody's Investors Service assigned Bruin E&P Partners, LLC a B2
Corporate Family Rating, B2-PD Probability of Default Rating and a
B3 senior unsecured rating to the proposed $600 million notes
issue. The rating outlook is stable. This is the first time Moody's
has rated Bruin.

Proceeds from the proposed notes offering will be to make a $200
million special distribution to the equity holders and fully repay
the $300 million second lien term loan. The remaining proceeds from
this offering will be used to repay outstanding borrowings under
the $610 million revolving credit facility.

Assignments:

Issuer: Bruin E&P Partners, LLC

  Probability of Default Rating, Assigned B2-PD

  Corporate Family Rating, Assigned B2

  Senior Unsecured Regular Bond/Debenture, Assigned B3 (LGD5)

Outlook Actions:

Issuer: Bruin E&P Partners, LLC

  Outlook, Assigned Stable

RATINGS RATIONALE

Bruin's B2 Corporate Family Rating is constrained by: 1) its small
production and reserves in the Williston Basin Bakken relative to
E&P peers; 2) limited financial and operating track record with the
acquired core Fort Berthold field; 3) weak leverage on production
($29,000/boe) and proved developed (PD) reserves ($12/boe) in 2019;
and 4) low amount of locations in the Fort Berthold area which will
require acquisitions to extend life beyond the three to four year
life. Bruin benefits from: 1) high oil production mix of about 85%
that leads to solid leveraged cash margins of around $23/boe; 2)
low corporate decline rates of around 20% that allow the company to
grow while maintaining break even free cash flow in 2019; 3) solid
retained cash flow to debt of about 30% in 2019; 4) sound hedging
program with about 50% of oil hedged for 2019; and 5) an
accomplished management team that has previous experience
developing the Bakken.

In accordance with Moody's Loss Given Default (LGD) Methodology,
the $600 million senior unsecured notes are rated B3, one notch
below the B2 CFR, reflecting the priority claim of the $610 million
reserve-based credit facility.

Bruin has adequate liquidity. Pro forma for the notes offering and
the non-operated asset sale, Bruin will have about $37 million of
cash and $236 million available on its $610 million borrowing base
credit facility that matures September 2022. Moody's expects Bruin
to be roughly breakeven free cash flow through 2019. Moody's
expects Bruin to be in compliance with its two financial covenants
(maximum debt/EBITDAX of 4.0x and a minimum current ratio of 1.0x).
Alternate liquidity is limited with the asset pledged to the
borrowing base facility and limited ability to sell assets outside
of the core Fort Berthold and Williams acreage.

The stable outlook assumes the company will grow production while
maintaining solid retained cash flow to debt and adequate liquidity
through 2019.

The ratings could be upgraded if production approaches 50,000
boe/d, retained cash flow to debt is above 30% and there is a
sufficient track record such that the leveraged full-cycle ratio
can be adequately predicted to remain above 1.5x.

The ratings could be downgraded if production declines, retained
cash flow to debt falls below 15% or the leveraged full-cycle ratio
falls below 1x.

Bruin E&P Partners, LLC is a private equity backed exploration and
production company with primary operations in the Williston Basin
in North Dakota. Production averaged about 31,500 barrels of oil
equivalent per day in first quarter 2018 (93% liquids), and total
proved reserves was 215 million boe as of July 1, 2018.



BRUIN E&P: S&P Assigns 'B' Corp. Credit Rating, Outlook Stable
--------------------------------------------------------------
S&P Global Ratings assigned its 'B' corporate credit rating to
Houston-based Bruin E&P Partners LLC. The outlook is stable.

S&P said, "At the same time, we assigned our 'B+' issue-level
rating and '2' recovery rating to Bruin's proposed $600 million
senior unsecured notes due 2026. The '2' recovery rating indicates
our expectation for substantial (70%-90%; rounded estimate: 85%
capped) recovery in the event of a payment default."

Bruin E&P has launched a $600 million senior unsecured note
offering. The company will use the proceeds from this offering to
repay its existing $300 million second-lien term loan, repay a
portion of the outstanding amount under its reserve-based lending
facility ($533 million drawn as of March 31, 2018), and fund a $200
million special equity distribution. The transaction will modestly
improve Bruin's liquidity while increasing its leverage. However,
S&P expects that the company will generate positive free operating
cash flow as soon 2019, which it plans to use for debt repayment.

S&P said, "The stable outlook on Bruin reflects our expectation
that the company will continue to integrate and develop its asset
base with production and costs in line with our current
projections. Therefore, we forecast that the company will maintain
adequate liquidity and a FFO-to-debt ratio of at least 20% over the
next two years.

"We could lower our corporate credit rating on Bruin if the
company's credit measures weaken such that its FFO-to-debt ratio
declines below 12% on a sustained basis. Such a scenario could
occur if commodity prices fall, if the company experiences an
operational underperformance and relies predominately on debt to
fund its capital spending, if the company distributes additional
dividends to its equity sponsor, or if its liquidity becomes less
than adequate.

"We could raise our rating on Bruin if the company continues to
develop its asset base and increases its reserves, production, and
drilling life to be commensurate with those of its higher-rated
peers while maintaining a FFO-to-debt ratio of at least 20%. We
believe this scenario could occur if commodity prices remain in
line with our expectations while the company increases its
production, develops its acreage, and spends within its cash
flows."


CABLE & WIRELESS: Fitch Affirms BB- IDR & Alters Outlook to Stable
------------------------------------------------------------------
Fitch Ratings has affirmed Cable & Wireless Communications
Limited's (CWC) Long-Term Foreign Currency and Local Currency
Issuer Default Ratings (IDR) at 'BB-'. The Rating Outlook on the
IDRs has been revised to Stable from Negative. Fitch has also
affirmed all of the existing issue ratings at CWC's various
subsidiaries. The revision of the Rating to Stable reflects an
expectation that leverage has peaked at close to 5x following a
very aggressive capex cycle during a period of stagnant cash flow.


CWC's ratings reflect its leading market positions across
well-diversified operating geographies and service offerings,
underpinned by solid network competitiveness. The long-term growth
opportunities for data use and the concentrated nature of these
markets - often with only one major competitor - provide additional
support for the 'BB-' ratings. Further factored in C&W's ratings
are the company's strong liquidity position and manageable debt
amortization schedule. Pressured growth in its main mobile and
fixed-voice segments due to unfavorable near-term industry trends,
high leverage, and cash flow leakage to minority shareholders in
Panama (49% owned) and the Bahamas (49%) remain credit concerns
that constrain the rating at 'BB-'.

KEY RATING DRIVERS

Solid Market Position: CWC is an integrated telecom operator with
operational geographies in the Caribbean region, Latin America, and
the Seychelles. The company's operation is well diversified into
mobile and fixed services and it has the number one market position
in the majority of its markets. Panama is CWC's largest revenue
contributor, representing 27% of the total sales during 2017,
followed by Jamaica with 15%, and the Bahamas with 11%. The
company's revenue mix per service is also well balanced. Mobile
subscriptions accounted for 27% of total sales during 2017 and
fixed line subscriptions 22%, while B2B represented nearly 50% of
revenues.

Favorable Market Structure: The market structure in the Caribbean
is mostly a duopoly with CWC and Digicel being the key players. Due
to Digicel's stressed capital structure, pricing is expected to
remain rational in the near term and Fitch does not believe the
risk of a sizable new entrant to be high given the relatively small
size of each market amid the increasing market maturity, especially
for the mobile service. Under this environment, Fitch expects the
company's leading market positions to remain stable over the medium
term despite strong competition from Digicel. CWC's continued high
investment for network upgrades, especially for its fixed-line
services, should bode well for its network competitiveness in the
coming years.

Persistently High Leverage: CWC's net adjusted debt to EBITDAR
(subtracting for dividends paid to minority SH) ratio remains at
the upper end of the rating category at 4.9x in 2017. Fitch
believes that leverage will remain elevated in 2018 and 2019 as
modest EBITDAR growth will be offset by an increase in capital
expenditures from $400 million in 2017 to more than $450 mm in 2018
and 2019, which will lead to negative free cash flow of around $100
million per year. CWC runs a leveraged equity return model, where
excess cash is upstreamed to LLA to deploy elsewhere in the group.
Fitch expects leverage to remain above 4.0x.

Stagnant Cash Flow: Fitch forecasts a growth in CWC's EBITDAR to
$911 million in 2018 and $934 million in 2019 from $886 million in
2017. Fitch believes that CWC's broadband and managed services
segments will be the main growth drivers backed by its increasing
subscriber base and relatively low service penetrations, and
growing corporate/government clients' IT service demands. Fitch
does not expect data ARPU improvements in the mobile segment to
fully mitigate mobile voice ARPU trends. Legacy fixed-voice revenue
erosion is also unlikely to abate due to waning demand given cheap
mobile voice or Voice-over-internet-protocol (VoIP) services.

Different Recovery Prospects: For issuance-specific ratings, Fitch
believes the creditors of CWC's subsidiaries Sable International
Finance Limited (SIFL) and Coral-US Co-Borrow, including revolving
credit facility and term loan, as well as the 2022 senior notes and
2027 proceeds loan from C&W FDAC, enjoy structurally senior
guarantees from key intermediate and ultimate holding companies of
the group, compared to the unsecured notes at Cable & Wireless
International Finance B.V. (CWIF), which is only guaranteed by
Cable & Wireless Limited (CWL).

Based on Fitch's recovery analysis, debt at SIFL and Coral-US
Co-Borrower have been assigned 'RR4' Recovery Ratings, which
represent an average recovery prospect in the case of default,
resulting in the same issuance ratings as the group IDR of 'BB-'.
The bespoke analysis performed by Fitch indicated that the recovery
for this debt would have been about 70%, which could have resulted
in a rating uplift. The ratings were capped at RR4 due to Fitch's
Country-Specific Treatment of Recovery Rating Criteria, which does
not allow uplift for issuance of by companies that operate in
countries where concerns exists about whether the law is supportive
of creditor rights, and/or where there is significant volatility in
the enforcement of the law and legal claims. Based on the waterfall
approach, Fitch does not expect there to be meaningful residual
value left for the unsecured notes at CWIF after covering senior
claims at SIFL, resulting in a 'RR5' Recovery Rating and a 'B+'
issuance rating, which is a notch lower than the IDR.

Capital Structure Change May Lead to Downgrade of 2027 Notes: CWC
plans to simplify its capital structure in the future in a manner
that would lead to the creation of a new holding company that would
issue unsecured debt that would not benefit from the exiting
guarantee structure of most of the company's debt. Debt issued by
this entity would be both structurally and legally subordinated to
CWC's Term Loan B-4, Revolving Credit Facility and operating
company and would likely be rated 'B+'/'RR5'. The 2027 senior notes
of C&W SFDAC (proceeds loan) have been structured in a manner that
would allow them to be moved to this new holding company and would
likely be downgraded one notch.

DERIVATION SUMMARY

CWC's leading market position, diversified operations and
relatively stable EBITDA generation compare in line or favourably
against other regional telecom operators in the 'BB' or 'B'
category. This strength is offset by its higher leverage than most
peers in the 'BB' rating category and continued negative FCF
generation, as well as LLA's financial policy which could limit any
material deleveraging. The company's overall financial profile is
stronger than its regional competitor, Digicel, rated at
'B'/Stable. The company has a weaker financial profile and higher
leverage than Millicom Group (BB+/Stable), which supports a
multi-notch differential.

No country ceiling, parent-subsidiary linkage, or operating
environment aspects impact the ratings.

KEY ASSUMPTIONS

  -- Low single-digit revenue growth, primarily driven by B2B
segment as residential revenue growth remains stagnant;

  -- EBITDA margin to remain stable at 35% in medium term;

  -- Capex to sales ratio of 20% in the medium term;

  -- Limited cash upstreaming due muted FCF generation prospects.

In estimating a distress enterprise value (EV) for CWC, Fitch
assumes that a stressed EBITDAR of $714 million based on estimates
for maintenance capex, interest and rent payments. Stressed EBITDA
from operating entities in Panama and the Bahamas have been
excluded from the recovery analysis, based on CWC's minority
ownership stake and expected treatment in a default scenario. Fitch
uses a 5.5x multiple, based on historical precedent and the duopoly
structure in CWC's main markets.

RATING SENSITIVITIES

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

  -- A positive rating action is not like to occur given
management's history of maintaining moderately high levels of
leverage, which have been in excess of 4.0x.

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

  -- Sustained EBITDAR-based adjusted net leverage ratios above
5.0x;

  -- An erosion of the company's strong business position or
liquidity position.

LIQUIDITY

CWC's liquidity profile is sound, backed by its long-term debt
maturities profile, relatively stable operational cash flow
generation, as well as committed revolving credit facility. The
company held USD292 million of readily-available cash as of March
31, 2017, while its short-term debt maturities, including finance
lease, was USD110 million. The company has a mostly undrawn USD625
million revolving credit facility at SIFL due 2023, which bolsters
its financial flexibility. The company has good access to
international capital market, when in need of external financing

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following ratings:

Cable & Wireless Communications Limited

  -- Long-Term FC and LC IDRs at 'BB-', Outlook revised to Stable.

Cable and Wireless International Finance B.V

  -- GBP147 million 2019 senior unsecured notes at 'B+'/'RR5'.

Sable International Finance

  -- Sable International Finance Limited USD625 million senior
secured revolving credit facility at 'BB-'/'RR4';

  -- Sable International Finance Limited USD750 million 2022 senior
unsecured notes at 'BB-'/'RR4'.

Coral-US Co-Borrower

  -- USD1875 million senior secured term loan at 'BB-'/'RR4'.

C&W Senior Financing Designated Activity Company

  -- USD700 million 2027 senior unsecured notes at 'BB-'/'RR4'.


CALEXICO CRA: S&P Puts CCC+ Rating on Tax Bonds on Watch Developing
-------------------------------------------------------------------
S&P Global Ratings placed its 'A-' and 'CCC+' ratings on Calexico
Community Redevelopment Agency, Calif.'s school district tax
allocation bonds (TABs), on CreditWatch with developing
implications. The CreditWatch placement reflects our view that
there is at least a one-in-two chance that we could raise or lower
the ratings or change the outlook within the next 90 days.

"This CreditWatch action follows repeated attempts by S&P Global
Ratings to obtain timely information of satisfactory quality to
maintain our ratings on the securities in accordance with our
applicable criteria and policies," said S&P Global Ratings credit
analyst Alyssa Farrell. "Failure to receive the requested
information within three months will likely result in our
withdrawal of the affected ratings, preceded, in accordance with
our policies, by any change to the ratings that we consider
appropriate given available information."

S&P said, "We note that we could raise the ratings should we
receive any agreement or resolution that ensures future pledged
pass-through revenue will be disbursed in accordance with bond
documents and reduces future cash flow risk. Further supporting our
view that a rating upgrade is possible within the next 90 days is
our view of the strong fundamental improvement within the agency's
pledged tax revenues that have led to improved maximum annual debt
service coverage for both bonds. As a result, we believe that a
confirmed resolution of the agency's prior cash management issues
in combination with stronger credit fundamentals could lead to a
rating upgrade for both bonds.

On April 4, 2017, the agency filed a disclosure stating that there
are currently insufficient funds on deposit in the reserve account
to make the next debt service payment due on the 2011 community
unit school district (CUSD) TABs on Aug. 1, 2017. Since that time
the agency has been working with the school district, the county,
and the Department of Finance (DOF) to resolve this issue, but to
date has not confirmed to S&P Global Ratings that a resolution has
been reached. In its pass-through agreement with the agency, the
school district subordinated its right to receive pass-through
payments to debt service on the TABs. Despite the language of the
pass-through agreement and the agency's request to the County
Auditor Controller to disburse school district pass-through amounts
directly to the agency for payment on the TABs, the county has
refused to do so. The DOF historically refused to release proceeds
of the 2011 bonds to the school district, citing dissolution law.

The 2011 school district bonds are secured by pledged tax revenue,
primarily composed of pass-through payments due to the CUSD under
three pass-through agreements between the district and the agency.
Pursuant to formulas in the agreements, pass-through payments due
to the district are derived from a portion of the gross tax
increment revenue generated from the agency's Amendment Area Nos.
1, 2, and 3.

The agency's senior tax allocation bonds are secured by tax
increment revenues, including the former 20% housing set-aside
amounts, generated by its merged Central Business District
Redevelopment Project Area. The series 2014 refunding TABs issued
by the successor agency are secured by funds on deposit in the
redevelopment property tax trust fund.


CARTHAGE SPECIALTY: Needs More Time to File Reorganization Plan
---------------------------------------------------------------
Carthage Specialty Paperboard, Inc., and its debtor-affiliates
seeks authority from the U.S. Bankruptcy Court for the Northern
District of New York to extend the Debtors' exclusive periods
within which only the Debtors can file a plan of reroganization and
solicit acceptances of their Chapter 11 plans through and including
Oct. 26, 2018, and Dec. 25, 2018, respectively.

A hearing on the Debtors' requuested extension is scheudled for
July 26, 2018, at 11:30 a.m.  Objections to the request must be
filed by July 19, 2018.

The Debtors currenty have until June 28, 2018, to exclusively file
a plan and until Aug. 27, 2018, to exclusively solicit acceptances
of the plan.

The Debtors say that since the Petition Date, the Debtors have been
actively engaged in the administration of their Chapter 11 cases,
including pursuing the sale of substantially all of their assets.
At this time, the Debtors are involved in negotiations with a
stalking horse bidder, and they anticipate filing a motion shortly
seeking approval of the stalking horse and related bidding
procedures.

In addition, throughout these Chapter 11 cases, the Debtors have
been transparent and have worked cooperatively with other major
constituencies to minimize disputes and contested matters whenever
possible.  The Debtors have communicated regularly with KeyBank
National Association, the Committee, the office of the United
States Trustee, vendors and individual creditors, which the Debtors
believe will facilitate the efficient resolution of these Chapter
11 cases.

the contemplated sale of substantially all of the Debtors' assets
must be completed before the Debtors can formulate and negotiate
successful chapter 11 plans and prepare a joint disclosure
statement containing adequate information.

Further, the Debtors’ progress to date in these Chapter 11 cases
also justifies the requested extension of the Debtors’ Exclusive
Periods. The Debtors have worked with their key constituencies on
all issues in order to ensure the proper administration of their
cases, and have
made substantial progress toward a sale.

With the availability of their debtor in possession financing
facility, the Debtors have been paying their post-petition debts in
the ordinary course of their business.  The fact that a debtor has
sufficient liquidity to pay its post-petition Debts as they come
due supports the granting of an extension of the debtor's exclusive
periods because it suggests that such an extension will not
jeopardize the rights of post-petition creditors. The Debtors will
continue to pay their undisputed post-petition debts as they come
due, and they anticipate having sufficient liquidity due to their
post-petition financing and the relevant cash collateral orders to
do so.
20. Moreover, because these Chapter 11 cases are still in their
infancy, the Debtors are not in a position, at this time, to
accurately evaluate the universe of claims against them, finalize a
Chapter 11 plan or prepare a disclosure statement containing
adequate information.  Lastly, rather than requesting the
extensions of the Debtors’ Exclusive Periods as negotiating
tactic or as a means of maintaining leverage over any group of
creditors whose.

The Debtors have worked with their key constituencies on all issues
in order to ensure the proper administration of their cases, and
have
made substantial progress toward a sale.

A copy of the Debtors' request is available at:

        http://bankrupt.com/misc/nynb18-30226-5-209.pdf

             About Carthage Specialty Paperboard

Carthage Specialty Paperboard, Inc. -- http://www.carthagespbd.com/
-- is a paperboard manufacturer in Carthage, New York, serving a
diverse range of markets from pulp-substitute specialty paperboard
to industrial grade chipboards.

Carthage Specialty Paperboard and its affiliate Carthage
Acquisition, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D.N.Y. Lead Case No. 18-30226) on Feb.
28, 2018.

In the petitions signed by Donald Schnackel, vice-president of
finance, Carthage Specialty estimated assets and liabilities of $10
million to $50 million; and Carthage Acquisition estimated assets
of $1 million to $10 million and liabilities of $10 million to $50
million.

The Debtor hires Bradley Woods & Co. Ltd., as financial advisor and
investment banker.

The U.S. Trustee for Region 2 appointed an official committee of
unsecured creditors.


CARTHAGE SPECIALTY: Needs to Review Operations & Evaluate Leases
----------------------------------------------------------------
Puglia Engineering, Inc., ask the U.S. Bankruptcy Court for the
Western District of Washington to extend the deadline for the
debtors to exclusively file and confirm a plan of reorganization
through and until Nov. 10, 2018, and Jan. 9, 2019, respectively.

A hearing on the Debtors' requuested extension is scheudled for
July 19, 2018, at 1:00 p.m.  

Currently, the exclusivity periods for the Debtors to file a plan
and solicit acceptances of the plan expire on Aug. 12, 2018, and
Nov. 10, 2018, respectively.

The Debtors also require the deadline for them to assume or reject
unexpired leases of nonresidential real property to be extended
until Nov. 10, 2018, from the current deadline of Aug. 12, 2018.

Since the Petition Date, Puglia has made progress toward
reorganization. At the outset of the case, Puglia was to seek the
Court's approval a settlement with BAE Systems and the use of the
funds generated by the settlement.  The Court approved this
settlement on June 7, 2018.  The settlement is due to close on June
29, 2018.  Pursuant to an order of this Court, Puglia is authorized
to use $900,000 of the settlement proceeds to recapitalize its
operations.

With the settlement and use of settlement funds approved by the
Court, Puglia is now focused on proposing and confirming a plan of
reorganization.  To that end, Puglia has taken steps to increase
the sophistication of its financial reporting and projections.  In
addition, Puglia has taken steps to determine the scope of its
pension liabilities.  Contemporaneously with the filing of this
motion, Puglia will be filing two employment applications: the
first for employment of Eric Orse of Orse & Co as financial advisor
and the second is for employment of Thorson Barnett & McDonald,
P.C., , as special counsel.  Orse and Thorson will provide
necessary information to allow Puglia to propose and confirm a plan
of reorganization.

The shipyards are Puglia's principal places of business.  Rent is
current on both shipyards and neither lessor has moved for relief
from stay or for other relief in this case.  During the first 60
days of this case, Puglia necessarily focused on recapitalizing its
operations.  With that task approved and almost accomplished, it is
appropriate to allow Puglia more time to analyze and, if necessary,
adjust its operations.  Retaining flexibility regarding its leases
is central to Puglia ensuring its operations are optimized going
forward.  To the contrary, if no extension is granted, Puglia will
be placed in a difficult position.  In essence, Puglia could be
forced to assume or reject leases without the full advantage of
time to explore what action would be most advantageous to Puglia
and its creditors.  The requested extension would provide Puglia
the necessary time to prudently evaluate the appropriate course of
action with respect to each lease.

This case, according to the Debtors, has significant and complex
issues that need resolution prior to confirmation.  Initially, the
issues surrounded the settlement matter with BAE.  Currently, the
issues include Puglia's potential liability to pension trust funds.
Pension trust funds have filed claims that exceed $18M.  Multiple
parties, other than Puglia, potentially have liability on the
pension trust claims and, therefore, resolution of each claim will
involve negotiating with multiple parties.  Additionally, Puglia
needs time to review its operations and make any revisions that are
prudent.

A copy of the Debtors' request is available at:

          http://bankrupt.com/misc/wawb18-41324-281.pdf

                     About Puglia Engineering

Puglia Engineering Inc. -- http://pugliaengineering.com/-- is a
ship builder and repairer based in Tacoma, Washington.  It is a
privately-held company founded in 1991.  The company has locations
in Tacoma, Washington; Fairhaven, Massachusetts; and Oakland,
California.

Puglia Engineering sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Wash. Case No. 18-41324) on April 14,
2018.  In the petition signed by Neil Turney, president, the Debtor
disclosed $14.26 million in assets and $21.13 million in
liabilities.

Judge Brian D. Lynch presides over the case.

James L. Day, Esq., at Bush Kornfeld LLP, serves as the Debtor's
bankruptcy counsel.

The Office of the U.S. Trustee for Region 18 appointed an official
committee of unsecured creditors on May 3, 2018.  The Committee
retained CKR Law LLP as its legal counsel; DBS Law, as local
counsel; McKool Smith, P.C., as special litigation counsel.


CASTEX ENERGY: Remand of Apache Suit to Texas State Court Upheld
----------------------------------------------------------------
The case captioned APACHE CORPORATION, Appellant, v. CASTEX ENERGY
OFFSHORE, INC., et al., Appellees, Civil Action No. H-18-0497 (S.D.
Tex.) involves an appeal from the Memorandum Opinion and the Remand
Order entered Feb. 1, 2018 by U.S. Bankruptcy Judge Marvin Isgur.
Upon review and based on the reasons stated in the Bankruptcy
Court's Memorandum Opinion, District Judge Nancy F. Atlas affirms
the Memorandum Opinion and Remand Order.

Apache challenges the Bankruptcy Court's decision that mandatory
abstention in the Adversary Proceeding was appropriate. Mandatory
abstention requires a court to abstain and remand a removed case
where:

Upon timely motion of a party in a proceeding based upon a State
law claim or State law cause of action, related to a case under
title 11 but not arising under title 11 or arising in a case under
title 11, with respect to which an action could not have been
commenced in a court of the United States absent jurisdiction under
this section, the district court shall abstain from hearing such
proceeding if an action is commenced, and can be timely
adjudicated, in a State forum of appropriate jurisdiction.

Mandatory abstention is appropriate where "(1) [t]he claim has no
independent basis for federal jurisdiction, other than section
1334(b); (2) the claim is a non-core proceeding . . .; (3) an
action has been commenced in state court; and (4) the action could
be adjudicated timely in state court."

In this case, the Bankruptcy Court held that all four requirements
for mandatory abstention had been satisfied.

Applying the United States Supreme Court's decision in Stern v.
Marshall, 564 U.S. 462 (2011), the Bankruptcy Court held that while
Apache's proofs of claim were core matters and were "independent
and unrelated causes of action from Castex's counterclaims," this
circumstance was insufficient to convert Castex's First Amended
Counterclaim into a core matter in bankruptcy.  On appeal, Apache
argues that the First Amended Counterclaim is a core matter because
a ruling on its proofs of claim will necessarily resolve the
counterclaim. The record and applicable case law do not support
Apache's argument.

As discussed in the Bankruptcy Court's Memorandum Opinion, Castex's
counterclaims in the adversary proceeding involve primarily
non-core claims. There is no issue raised on this appeal regarding
the remaining three requirements for mandatory abstention -- the
lack of an independent basis for federal jurisdiction over the
state court lawsuit, the existence of an action in state court, and
the ability of the state court to adjudicate this dispute in a
timely manner. As a result, section 1334(c)(2) mandates remand to
state court of Castex's counterclaims and, thus, the entire
adversary proceeding.

In sum, resolution of Apache's proofs of claim will not resolve
Castex's counterclaims, particularly those based on fraud,
fraudulent inducement, negligent misrepresentation, and negligence.
As a result, mandatory abstention and remand of the adversary
proceeding to Texas state court is appropriate.

A full-text copy of the Court's Memorandum and Order dated June 21,
2018 is available at https://bit.ly/2NL5fSb from Leagle.com.

Castex Energy Partners, LP, Debtor, represented by Louis Middleton
Phillips -- louis.phillips@kellyhart.com -- KELLY HART & PITRE.

Apache Corporation, Appellant, represented by John P. Melko --
jmelko@foley.com --
Foley Gardere/Foley & Lardner LLP & Roger Dale Townsend, Alexander
Dubose et al.

                    About Castex Energy

Castex Energy Partners, L.P., is engaged in the exploration,
development, production and acquisition of oil and natural gas
properties located along the southern coasts of Louisiana and Texas
and onshore Louisiana. CEP is a non-operating working interest
owner in approximately 375 onshore oil and gas leases located in
the State of Louisiana. There are approximately 300 wells on the
Onshore Leases. CEP also holds a seismic license and proprietary
interests in certain seismic data, through a subsidiary,
CTS-Castex, LLC, and is owner of fee land interests in Lafourche
Parish, Louisiana, through a subsidiary, Castex Lafourche, LP.

Castex Energy Partners, L.P., along with affiliates Castex
Offshore, Inc., Castex Energy 2005, L.P., Castex Energy II, LLC,
Castex Energy IV, LLC sought Chapter 11 protection (Bankr. S.D.
Tex. Lead Case No. 17-35835) in Houston, on Oct. 16, 2017, after
reaching terms with lenders of a restructuring plan that would
convert debt into equity.

CEP estimated assets and debt of $100 million to $500 million.

The Hon. Marvin Isgur is the case judge.

The Debtors tapped Kelly Hart & Pitre, as counsel; Paul Hastings
LLP, as special counse; Alvarez & Marsal North America, LLC, as
restructuring advisor; and Prime Clerk LLC, as noticing and claims
agent.


CHICAGO EDUCATION BOARD: Moody's Hikes GOULT Debt Rating to B2
--------------------------------------------------------------
Moody's Investors Service upgraded to B2 from B3 the rating on
Chicago Board of Education, IL's (CPS) general obligation unlimited
tax (GOULT) debt and its non-contingent lease revenue debt backed
by the district's GOULT pledge. The ratings apply to $4.8 billion
in rated debt. The rating outlook is stable.

RATINGS RATIONALE

The upgrade to B2 reflects the district's improved liquidity
position that has benefited from increased state funding received
on a more timely basis, and expectations that recent liquidity
enhancements will be sustained through fiscal 2019.

The State of Illinois' (Baa3, negative) fiscal 2019 budget signals
a more consistent commitment that helps support the B2 rating for
CPS. In addition to maintaining increased formula-based aid for a
second consecutive year, the state granted CPS enhanced authority
to levy property taxes, and assumed responsibility for the
district's normal costs related to the Teachers' Pension Plan. In
total, CPS revenues were boosted nearly $450 million in fiscal
2018. Importantly, the district remains highly reliant on the state
for operating aid and pension contributions, and any delay or
reduction in those disbursements would have a significant impact on
the district's financial operations.

The rating will continue to be constrained by the district's
still-weak liquidity and high debt and pension burdens. Tax base
leverage is amplified by the debt and pension obligations of
overlapping entities including the City of Chicago and Cook County
(A2 stable). The district's debt levels are likely to grow in
fiscal 2019 if proposed capital and operating budgets are
ultimately approved. However, the timing of the associated capital
expenditures remains uncertain. The B2 rating can accommodate the
issuance of up to $750 million of incremental debt as contemplated
in the proposed capital plan, assuming CPS is able to maintain its
current liquidity profile.

The upgrade of the lease revenue rating to B2 reflects the credit
characteristics inherent in the rating on the district's GOULT
debt, as well as the district's GOULT pledge to make lease
payments. The pledge is not subject to annual appropriation.

RATING OUTLOOK

The stable outlook reflects passage of the state's 2019 budget,
which reduces the likelihood that over the next 12 to 24 months CPS
will return to its extremely constrained liquidity position of the
prior fiscal year. The outlook also assumes that the district's
governance will remain closely tied to the City of Chicago.

FACTORS THAT COULD LEAD TO AN UPGRADE

  - Sustained improvement in operating liquidity

  - Continued growth in revenue and/or expenditure reductions that
enable CPS to strengthen financial operations

  - Reduced reliance on the state for operating revenue

FACTORS THAT COULD LEAD TO A DOWNGRADE

  - Emergence of path to bankruptcy, such as the passage of
authorizing legislation from the State of Illinois (Baa3 negative)


  - Worsening of the district's operating liquidity

  - Failure to maintain market access for cash flow borrowing

  - Inability to pay commitments on time and in full, including
repayment of short-term borrowings or required pension
contributions

LEGAL SECURITY

All of the district's rated debt is secured by its general
obligation unlimited tax pledge. The majority of the district's
rated debt is GO alternate revenue debt, which is additionally
secured primarily by pledged state aid revenues. An unlimited tax
levy is filed with the county at the time of issuance. The property
tax is abated only after sufficient revenues have deposited with
the trustee into a debt service fund. If the deposit is not made
with the trustee, the levy is extended.

The district's lease revenue debt is secured by an unlimited
property tax levy. Tax receipts from the levy are allocated by the
county collectors directly to the trustee. Lease payments are
non-contingent and are not subject to appropriation.

USE OF PROCEEDS

Not applicable.

PROFILE

CPS is coterminous with the City of Chicago. In fiscal 2018 the
district funded 661 schools with an enrollment of 371,382.




COMPASS PUBLIC: S&P Alters Outlook to Neg. & Affirms BB Debt Rating
-------------------------------------------------------------------
S&P Global Ratings revised the outlook on the Idaho Housing and
Finance Assn.'s outstanding 2010A bonds to negative from stable and
affirmed its 'BB' rating on the debt, issued for Compass Public
Charter School (Compass). At the same time, S&P assigned its 'BB'
long-term rating to the association's series 2018A tax-exempt
nonprofit facilities revenue bonds and 2018B taxable nonprofit
facilities revenue bonds, also issued for Compass. The outlook is
negative.

"The negative outlook reflects the 3x increase in debt, which
results in a high debt burden and necessitates about 15%-20% growth
in enrollment (depending on expense growth) to cover maximum annual
debt service (MADS)," said S&P Global Ratings credit analyst Bobbi
Gajwani. Though S&P thinks the growth is achievable given the
school's waitlist and high academic performance, there are other
areas of uncertainty, including the risk of attrition due to its
expansion plan, its ability to manage expenses during the
expansion, and construction risk. In addition, with limited
liquidity and with the existing buildings expected to be at
capacity for fall 2018, Compass has limited flexibility to grow
revenues or cut expenses in the event of unforeseen circumstances.

Compass plans to issue about $15 million of series 2018 bonds, on
parity with series 2010 bonds, to be secured by its gross revenue,
which consists primarily of payments from the state. The bond
proceeds will be used to build an approximately 74,000-square-foot
school facility, which will include a gymnasium and two cafeterias,
to be completed by July 2019. Including the $15.3 million series
2018 bonds, the school's total debt will be at $20.3 million.

Compass is in central Meridian, in Ada County, approximately 14
miles west of Boise, and serves grades K-12. The students are
primarily from the West Ada school district, which is the largest
school district in Idaho.


COMSTOCK RESOURCES: Moody's Hikes CFR to B2, Outlook Stable
-----------------------------------------------------------
Moody's Investors Service upgraded Comstock Resources, Inc.'s
Corporate Family Rating (CFR) to B3 from Caa2 and its Probability
of Default Rating (PDR) to B3-PD from Caa2-PD. Concurrently,
Moody's assigned a Caa1 rating to Comstock Escrow Corporation's
proposed $850 million of senior unsecured notes due 2026. Moody's
affirmed the Speculative Grade Liquidity (SGL) rating at SGL-3. The
rating outlook is stable.

Comstock Escrow Corporation is issuing the new bonds in conjunction
with Comstock's new $700 million borrowing base RBL revolving
credit facility due 2023 (unrated). Proceeds will be used to
refinance Comstock's existing debt. Completion of the financing
transaction requires that Bakken assets are contributed pursuant to
an agreement with Arkoma Drilling, L.P. and Williston Drilling,
L.P. in exchange for new common stock of Comstock. Issuance of
these new shares requires shareholder approval and a shareholder
vote is anticipated to occur at the company's annual meeting on
August 10. Pro forma for the transaction, a partnership owned by
Jerry Jones and his family would own 84% of the company. When the
bond proceeds are ready for release from escrow, Comstock Escrow
Corporation will merge with Comstock Resources, Inc., and the bonds
will become senior unsecured obligations of Comstock Resources,
Inc.

The upgrade of Comstock's CFR to B3 is predicated on Moody's
expectation that the proposed asset contribution transaction will
close. This transaction will meaningfully strengthen the company's
balance sheet and liquidity thereby positioning the company to
benefit from strong prospects for production growth. The cash flow
generated from the contributed Bakken assets will provide a portion
of the capital for the company to invest in its Haynesville
drilling activities supporting a continued significant increase in
production and improving credit metrics.

While Moody's expects the transaction will be completed as planned,
if it were not to close, Comstock's ratings would be reevaluated
and could be downgraded. If the transaction does not close,
Comstock Escrow Corporation would be required to redeem the bonds
at par.

Upgrades:

Issuer: Comstock Resources, Inc.

Probability of Default Rating, Upgraded to B3-PD from Caa2-PD

Corporate Family Rating, Upgraded to B3 from Caa2

Assignments:

Issuer: Comstock Escrow Corporation

Senior Unsecured Regular Bond/Debenture, Assigned Caa1 (LGD5)

Outlook Actions:

Issuer: Comstock Escrow Corporation

Outlook, Assigned Stable

Issuer: Comstock Resources, Inc.

Outlook, Remains Stable

Affirmations:

Issuer: Comstock Resources, Inc.

Speculative Grade Liquidity Rating, Affirmed SGL-3

All previously existing instrument ratings remain unchanged and
will be withdrawn upon completion of the refinancing transactions.


RATINGS RATIONALE

Comstock's B3 CFR broadly reflects basin concentration, a natural
gas focus, and a large proportion of proved undeveloped reserves
(PUDs). Moody's expects credit metrics will improve through 2019 as
the company continues to significantly increase production. A large
portion of Comstock's reserves are concentrated in the Haynesville
Shale, and basin concentration exposes the company's performance to
local factors. However, the company benefits from proximity to
Henry Hub which results in low pricing differentials for its
natural gas production. Moody's believes that the company's natural
gas weighted production could result in lower cash margins than
exploration and production (E&P) companies that target oil.
However, the company will benefit from the oil-weighted production
of the contributed Bakken assets. Pro forma for the transaction,
roughly three quarters of the company's reserves will be PUDs which
will require significant capital investment to convert to producing
assets. However, another benefit from the contributed Bakken assets
is that they are largely developed reserves. The company's joint
ventures will offload a portion of the risk to their partners while
aiding the company in its ability to realize asset value.

Moody's expects the company will maintain adequate liquidity over
the next 12 months supported by cash on the balance sheet and
roughly $400 million in availability under the new $700 million RBL
revolver.

Comstock Escrow Corporation's $850 million of senior notes due 2026
are rated Caa1, one notch below the CFR, which reflects Moody's
expectation that the transaction will close and that the notes will
therefore become senior unsecured obligations of Comstock
Resources, Inc. that are effectively subordinated to the $700
million RBL revolver due 2023 (unrated).

The stable rating outlook reflects Moody's expectation for
continued improvement in Comstock's credit metrics as the company
executes on its plans for production growth while maintaining
adequate liquidity through 2019.

Factors that could lead to an upgrade include successful execution
on anticipated production growth while demonstrating a disciplined
development program and maintaining adequate liquidity; building a
successful track record of corporate governance for the combined
company under new ownership; growth in reserves resulting in
debt-to-proved developed (PD) reserves sustained below $10; and
retained cash flow (RCF)-to-debt approaching 25%.

Factors that could lead to a downgrade include declining
production; deterioration in liquidity; debt-funded acquisitions or
dividends; or RCF/debt below 15%.

The principal methodology used in these ratings was Independent
Exploration and Production Industry published in May 2017.

Comstock, headquartered in Frisco, Texas, is a publicly traded
independent exploration and production company focused on the
Haynesville Shale and the Bakken Shale. Pro forma production for
the quarter ended March 31, 2018 was about 43 Mboe/d.


CONSERVE MERGER: Moody's Assigns B2 CFR, Outlook Negative
---------------------------------------------------------
Moody's Investors Service assigned Conserve Merger Sub, Inc. the
following ratings: B2 corporate family rating, B2-PD probability of
default rating, B1 ratings to the proposed first lien revolver and
first lien term loan and a Caa1 rating to the proposed second lien
term loan. In connection with a proposed acquisition by TPG of CRCI
Holdings, Inc., Conserve Merger will merge into CRCI Longhorn
Holdings, Inc. Both Conserve Merger and CRCI Longhorn will dba as
"CLEAResult". Upon the closing of the merger, all of CRCI Holdings'
existing debt will be repaid and its ratings will be withdrawn. The
rating outlook is negative.

TPG has agreed to acquire CRCI Holdings from its current majority
owner General Atlantic. Proceeds from i) a $425 million new first
lien term loan, ii) $150 million second lien term loan, and iii)
$305 million of sponsor equity will be used to i) acquire
CLEAResult, ii) put about $25 million of cash to the balance sheet
of CLEAResult and iii) pay fees and expenses. There will also be a
new $85 million first lien revolving credit facility, which is
expected to be unfunded at closing.

RATINGS RATIONALE

Conserve Merger's B2 CFR reflects leverage of about 7.4x (Moody's
adjusted) at LTM March 31, 2018 following the LBO acquisition by
TPG, a competitive landscape that has downward pricing pressures
(particularly in the utility revenue program model), its highly
acquisitive financial policy (revenues grew about 2x, primarily
non-organically, from FY 2014 to LTM March 31, 2018), small scale
and a limited revenue base. The ratings are supported by the
company's leading position as a provider of outsourced energy
efficiency ("EE") optimization solutions, the strategic and
regulatory driven importance of the company's services to its
customers and its strong recurring revenue stream.

Moody's views the company's liquidity as good. Over the next 12
months Moody's expects the company to have cash and cash
equivalents of about $25 million and to generate modest positive
free cash flow ("FCF"). Over the next 12 months, Moody's also
anticipates significant availability under the proposed Revolver,
with adequate cushion under the springing financial covenants of
the revolver. The first lien TL is anticipated to amortize
approximately 1% per annum, with a bullet due at maturity about 7
years from closing. The second lien TL will not amortize.

The negative outlook reflects Moody's expectation of low-single
digits revenue growth, EBITDA margins (on a Moody's adjusted basis)
above 15%, leverage at the mid 6x or below and interest coverage
above 1.5x over the next year.

Rating could be upgraded if:

  - the company demonstrates high single digit organic revenue
growth;

  - leverage is sustained below 4x;

  - the company demonstrates strong liquidity and a commitment to
conservative financial policies.

Rating could be downgraded if:

  - Liquidity materially weakens; or

  - performance deteriorates materially, such that i) leverage is
not on track to decline toward 6.5x over the next 12 to18 months
ii) FCF to debt is negative on other than a temporary basis.

Conserve Merger Sub, Inc./ CRCI Longhorn Holdings, Inc. is
headquartered in Austin, Texas and is a leading provider of
outsourced energy efficiency ("EE") optimization solutions for both
utility and non-utility clients in the US and Canada. TPG owns the
majority of equity interest in the company.

The following ratings were assigned:

Assignments:

Issuer: Conserve Merger Sub, Inc.

Probability of Default Rating, Assigned B2-PD

Corporate Family Rating, Assigned B2

Senior Secured 1st Lien Bank Credit Facility, Assigned B1 (LGD3)

Senior Secured 2nd Lien Bank Credit Facility, Assigned Caa1 (LGD5)


Outlook Actions:

Issuer: Conserve Merger Sub, Inc.

Outlook, Assigned Negative

The following ratings will be withdrawn upon the Merger closing:

Issuer: CRCI Holdings, Inc.

Corporate Family Rating - B2

Probability of Default Rating - B2-PD

Senior Secured 1st Lien Bank Credit Facility: - B2 (LGD 4)

Outlook - Stable.


CRCI LONGHORN: S&P Assigns 'B' Corp. Credit Rating, Outlook Stable
------------------------------------------------------------------
S&P Global Ratings assigned its 'B' corporate credit rating to CRCI
Longhorn Holdings Inc. The outlook is stable.

S&P said, "At the same time, we assigned our 'B' issue-level rating
and '3' recovery rating to the company's proposed first-lien
facility, which consists of an $85 million revolving credit
facility due 2023 and a $425 million term loan due 2025. The '3'
recovery rating indicates our expectation for meaningful (50-70%;
rounded estimate 65%) recovery in the event of a payment default.

"We also assigned our 'CCC+' issue-level rating and '6' recovery
rating to the company's proposed $150 million second-lien term loan
due 2026. The '6' recovery rating reflects our expectation for
negligible (0-10%; rounded estimate: 0%) recovery in the event of a
payment default.

"We intend to withdraw our ratings on Longhorn Midco II LLC and its
existing debt once the financing transaction and associated
repayments have been completed.

"Our ratings reflect our expectation that CLEAResult's new owner
will not substantially alter the company's expected operating
performance. The new capital structure is nearly double the size of
its previous debt profile, with S&P Global Ratings' adjusted
leverage at about 7x by year-end 2018. However, we believe the
company will continue generating free operating cash flow in the
range of $25 million-$30 million annually, and improve
profitability to a level that is sufficient to support gradual
deleveraging toward the mid-6x area by the end of 2019.

"S&P Global Ratings' stable outlook on CLEAResult reflects our
expectation for double-digit revenue growth in 2018 as the company
successfully integrates the February acquisition of ENGIE Insight's
Utility Division and converts the new business pipeline built in
the second half of 2017 into top line growth. It also reflects our
expectation for low-single-digit revenue growth in 2019 from
organic growth as the company expands further into additional
states and provinces, with regulatory tailwinds supporting base
business expansion. We expect leverage to be higher in 2018 because
of the new capital structure (about 7x), decreasing to the mid-6x
area in 2019 as margin increases because of efficiencies of scale.

"We could lower the ratings if the company experiences much weaker
operating performance than we project in our base-case forecast, or
if its sponsor ownership adopts a more aggressive financial policy.
We believe operating performance could suffer either because of
unforeseen competitive threats, possibly from a larger, vertically
integrated utilities company's insourcing energy efficiency
programs or because the company does not perform on its contracts
and fails to renew key relationships. We believe either of these
scenarios could cause gross margins to decline by 200 bps and
result in debt to EBITDA exceeding 7.5x in 2019.

"Although unlikely, we could raise the ratings if the company
maintains leverage below 5x and their sponsor owner sustains
leverage at these levels for several consecutive quarters, such
that any possible future acquisition or shareholder remuneration
would not likely result in debt to EBITDA reverting to more than
5x."


CYN RESTAURANTS: Judge Signs 7th Preliminary Cash Collateral Order
------------------------------------------------------------------
The Hon. Ann M. Nevins of the U.S. Bankruptcy Court for the
District of Connecticut has signed a seventh preliminary order
authorizing Cyn Restaurants LLC to collect and use the cash
collateral to continue the usual and ordinary course of its
business by paying those budgeted expenditures through July 31,
2018 as set forth on the budget.

The approved Budget for July 2018 shows total cash disbursements of
approximately $120,730.

Prior to the Petition Date, the Debtor and Webster Bank, and also
Community Investment Corp. were parties to Loans and Security
Agreements pursuant to which, among other things, Webster Bank and
Community Investment Corp. provided the Debtor with a loans and
credit facilities secured by liens and/or security interests in
substantially all of the Debtor's assets. As of the Petition Date,
the Debtor was indebted to Webster Bank in the amount of
$382,175.82 and was also indebted to Community Investment Corp. in
the amount of $208,000.

Webster Bank and Community Investment Corp. are each granted
post-petition claims against the Debtor's estate, which will have
priority in payment over any other indebtedness and/or obligations
now in existence or incurred hereafter by the Debtor and over all
administrative expenses or charges against the Debtor's property.

As security for the Adequate Protection Claim, Webster Bank and
Community Investment Corp. are each granted enforceable and
perfected replacement liens and/or security interests in the
postpetition assets of the Debtor's estate equivalent in nature,
priority and extent to the liens and/or security interests of
Webster Bank and Community Investment Corp., in the Pre-Petition
Collateral and the proceeds and products thereof.

Additionally, the Debtor will pay Webster Bank $1,360 as adequate
protection for July, 2018. The Debtor will also continue to keep
the Collateral fully insured against all loss, peril and hazard and
make Webster Bank and Community Investment Corp. loss payees as
their interests appear under such policies.

Any objection to the continued use of cash collateral must be filed
and served no later than July 19, 2018 at 5:00 p.m.  A further
hearing on the continued use of cash collateral will be held on
July 25, 2018, at 10:00 a.m.

A full-text copy of the Seventh Preliminary Order is available at

            http://bankrupt.com/misc/ctb18-30185-109.pdf

                      About Cyn Restaurants

Based in Shelton, Connecticut, Cyn Restaurants LLC is engaged in
the business of the operation of a restaurant known as Stone's
Throw located at 337 Roosevelt Drive, Seymour, CT.

Cyn Restaurants filed a Chapter 11 petition (Bankr. D. Conn. Case
No. 18-30185) on Feb. 5, 2018.  In the petition signed by Peter
Hamme, the Debtor estimated $100,000 to $500,000 in assets and
$500,001 to $1 million in liabilities.  James M. Nugent, Esq., at
Harlow, Adams & Friedman, P.C., is the Debtor's counsel; and Sound
Coaching, Inc., as its accountant.


D'BEST BEVERAGES: Judge Okayed Cash Collateral Stipulation
----------------------------------------------------------
The Hon. Erithe Smith of the U.S. Bankruptcy Court for the Central
District of California, at the behest of D'Best Beverages, Inc.,
doing business as D'Best Dispensers, has approved the Stipulation
for Use of Cash Collateral.

D'Best Beverages will have authority to use cash collateral
pursuant to the terms and conditions set forth in the Motion, the
Stipulation and the proposed budget.

A copy of the Order is available at

          http://bankrupt.com/misc/cacb18-11273-66.pdf

                    About D'Best Beverages

D'Best Beverages, Inc., is a beverage manufacturer in Anaheim,
California.

D'Best Beverages sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. C.D. Cal. Case No. 18-11273) on April 10,
2018.  In the petition signed by CEO Deborah Best, the Debtor
estimated assets of $1 million to $10 million and liabilities of
less than $1 million.  

Judge Erithe A. Smith presides over the case.

The U.S. Trustee for Region 16 on April 13, 2018, appointed three
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 case. The committee members are: (1) All Seasons
Contracting, Inc.; (2) Janaco, LLC; and (3) Preferred Insulation
Contractors, Inc.


DAVID GEERTS: $34K Sale of Fulton Property to Community State OK'd
------------------------------------------------------------------
Judge Thomas M. Lynch of the U.S. Bankruptcy Court for the Northern
District of Illinois authorized David L. Geerts and Julie A.
Norman-Geerts to sell the farm real estate they owned, including
unimproved farm real estate consisting of 13 acres located adjacent
to Frog Pond Road, Fulton, Whiteside County, Illinois, to Community
State Bank for a credit bid of $33,600, consistent with the
provisions of the Plan.

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

The Bank will assume, be responsible for and pay any and all real
estate taxes or other governmental charges, taxes or assessments
against Parcel 9 of the Home Farm for the year 2017 and all
subsequent years.

The Bank will pay for all costs and expenses of sale for Parcel 9
of the Home Farm including a commission to the Auctioneer equal to
1.75% of the credit bid to purchase Parcel 9 of the Home Farm, any
amounts due and owing to Doug Holesinger for performing fall
tillage for Parcel 9 of the Home Farm in 2017 which amounts may be
paid by the Reorganized Debtors, from funds within their Cash
Collateral Bank Account.

The allocation and distribution of any government program payments
(including CRP payments) relating to Parcel 9 of the Home Farm will
be made consistent with the terms and conditions of the Plan.

Pursuant to 11 U.S.C. 1146(a), the sale of Parcel 9 of the Home
Farm will be exempt from transfer or recordation taxes imposed by
any governmental unit.

The Reorganized Debtors, will file a Report of Sale with the
Bankruptcy Court within 14 days after the completion of the closing
of the last sale of the farm real estate.

                 About David and Julie Norman-Geerts

David L. Geerts and Julie A. Norman-Geerts sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ill. Case No.
17-80321) on Feb. 17, 2017.  The case is assigned to Judge Thomas
J. Lynch.  Jocelyn L. Koch, Esq., at Holmstrom & Kennedy PC is the
Debtors' counsel.

On Feb. 13, 2018, the Debtors filed their Fourth Amended Plan of
Reorganization with the Bankruptcy Court.  On March 28, 2018, the
Court confirmed the Plan as modified by the Modification.


DAVID GEERTS: $45K Sale of Erie Property to Community State Okayed
------------------------------------------------------------------
Judge Thomas M. Lynch of the U.S. Bankruptcy Court for the Northern
District of Illinois authorized David L. Geerts and Julie A.
Norman-Geerts to sell the real property and improvements occupied
by them as their personal residence commonly described as 7225
Cordova Road, Erie, Whiteside County, Illinois, to Community State
Bank for a credit bid of $45,000, consistent with the provisions of
the Plan.

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

The Bank will assume, be responsible for and pay any and all real
estate taxes or other governmental charges, taxes or assessments
against the Personal Residence for the year 2017 and all subsequent
years.

The Bank will pay for all costs and expenses of sale for the
Personal Residence including a commission to the Auctioneer equal
to 1.75% of the credit bid to purchase the Personal Residence,
which costs and expenses may be paid by the Reorganized Debtors,
from funds within their Cash Collateral Bank Account.

Pursuant to 11 U.S.C. 1146(a), the sale of the Personal Residence
will be exempt from transfer or recordation taxes imposed by any
governmental unit.

The Reorganized Debtors will file a Report of Sale with the
Bankruptcy Court within 14 days after the completion of the closing
of the last sale of the farm real estate.

                 About David and Julie Norman-Geerts

David L. Geerts and Julie A. Norman-Geerts sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ill. Case No.
17-80321) on Feb. 17, 2017.  The case is assigned to Judge Thomas
J. Lynch.  Jocelyn L. Koch, Esq., at Holmstrom & Kennedy PC is the
Debtors' counsel.

On Feb. 13, 2018, the Debtors filed their Fourth Amended Plan of
Reorganization with the Bankruptcy Court.  On March 28, 2018, the
Court confirmed the Plan as modified by the Modification.


DAVID GEERTS: $50K Sale of Fulton Property to Community State OK'd
------------------------------------------------------------------
Judge Thomas M. Lynch of the U.S. Bankruptcy Court for the Northern
District of Illinois authorized David L. Geerts and Julie A.
Norman-Geerts to sell their farm real estate consisting of
approximately 17.86 acres commonly described as 2002 16th Avenue,
Fulton, Whiteside County, Illinois, to Community State Bank for a
credit bid of $50,000, consistent with the provisions of the Plan.

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

The Bank will assume, be responsible for and pay any and all real
estate taxes or other governmental charges, taxes or assessments
against the Development Lots for the year 2017 and all subsequent
years, and will pay any costs and expenses that may be incurred in
removing the flood plain designation from the Development Lots.

The Bank will pay for all costs and expenses of sale for the
Development Lots including a commission to the Auctioneer equal to
1.75% of the credit bid to purchase the Development Lots, which
costs and expenses may be paid by the Reorganized Debtors, from
funds within their Cash Collateral Bank Account.

Pursuant to 11 U.S.C. 1146(a), the sale of the Development Lots
will be exempt from transfer or recordation taxes imposed by any
governmental unit.

The Reorganized Debtors will file a Report of Sale with the
Bankruptcy Court within 14 days after the completion of the closing
of the last sale of the farm real estate.

                 About David and Julie Norman-Geerts

David L. Geerts and Julie A. Norman-Geerts sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ill. Case No.
17-80321) on Feb. 17, 2017.  The case is assigned to Judge Thomas
J. Lynch.  Jocelyn L. Koch, Esq., at Holmstrom & Kennedy PC is the
Debtors' counsel.

On Feb. 13, 2018, the Debtors filed their Fourth Amended Plan of
Reorganization with the Bankruptcy Court.  On March 28, 2018, the
Court confirmed the Plan as modified by the Modification.


DDC GROUP: Wants to Use Cash Collateral on Emergency Basis
----------------------------------------------------------
DDC Group, Inc., requests the U.S. Bankruptcy Court for the Central
District of California for authority to use cash collateral on an
emergency basis.

The Debtor contends that continuation of its business depends upon
the use of cash collateral because the Debtor will need, among
others: (i) to pay subcontractors who work on the projects, (ii) to
purchase materials and machinery, and (iii) to cover the overhead
of the Debtor.  Accordingly, the Debtor proposes that it use the
cash collateral owned on the Petition Date to pay the allowed
expenses pursuant to the budget.

The Debtor believes that the following Alleged Secured Creditors
will take the position that the cash it has on hand and the
accounts receivable constitute cash collateral: (a) RDY Holdings
LLC, asserting an alleged debt in the amount of $35,000; YES LENDER
LLC, which asserts an alleged debt in the amount of $64,000;
Yellowstone Capital West LLC, asserting an alleged debt in the
amount of $112,000; GTR Source, LLC, which claims an alleged debt
in the amount of $40,000; Richmond Capital Group, claiming an
alleged debt in the amount of $40,000.  Total alleged debt is
$291,000, however, the Debtor does not concede that these Alleged
Secured Creditors are secured.  

The Debtor believes that the Alleged Secured Creditors are
adequately protected by the equity in Debtor's assets.  The Debtor
contends that its account receivables total approximately
$3,441,128, of that amount, $1,073,378 is current and much of the
rest is disputed.  The Debtor has mechanic's lien on four projects
which have been completed but the customer has refused to pay the
balance owed. Three of these projects are in litigation in
California Superior Court. One client has multiple projects and the
Debtor is still trying to work through the issues, but may file
litigation prior to the 90 day period required for foreclosure of
mechanic's liens cases.

Nonetheless, the Debtor proposes to give to each Alleged Secured
Creditor a replacement lien on the accounts receivable generated
postpetition to the extent that the creditors' cash collateral is
actually used.  The Debtor would prefer that the lien of the
secured creditors be placed on the cases in litigation as those
cases have sufficient claims to cover the secured creditors.

The Debtor intends to sequester the sums received on those cases,
whether via settlement or judgment, as it is received and will
attempt to negotiate a settlement with each of the alleged secured
creditors.  This would allow for a potential fund for payment of
these alleged secured creditors, and allow the Debtor to continue
to do business, using receivables for payment of subcontractors on
continuing and new contracts, and to cover operating costs of the
Debtor.

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

          http://bankrupt.com/misc/cacb18-17029-11.pdf

                        About DDC Group

DDC Group, Inc., is a full-service general contractor in Los
Angeles, California, specializing in expedited development service
for restaurants & retailers.

DDC Group filed a Chapter 11 petition (Bankr. C.D. Cal. Case No.
18-17029) on June 18, 2018.  In the petition signed by Slava
Borisov, president, the Debtor estimated $0 to $50,000 in assets
and $1 million to $10 million in liabilities.  The case is assigned
to Judge Sheri Bluebond.  M Jonathan Hayes, Esq., of Simon Resnik
Hayes LLP, is the Debtor's counsel.


DESIGNED TO MOVE: Employment of Paine to Liquidate Inventory Okayed
-------------------------------------------------------------------
Judge Julia W. Brand of the U.S. Bankruptcy Court for the Central
District of California authorized Designed to Move, LLC's
employment of Stanley J. Paine as auctioneer to liquidate 45% of
inventory, and (iii) payment of said Auctioneer.

The Auctioneer will post a $300,000 bond for the said sale.

The Auctioneer, at the direction of the DIP, may sell up to 45%, by
volume, of the Debtor's inventory.

Reports required by Bankruptcy Rule 6004, will be filed monthly.

Only property of Debtor is authorized to be sold.  Bruce Miller is
to view the items to be sold by watching the sales online and will
object, by and through the counsel, should he claim anything listed
to be sold in the online auction is his separate property.

                    About Designed to Move

Headquartered in Beverly Hills, California, Designed to Move, LLC
-- https://www.designedtomove.com/ --  provides property
enhancement services to the real estate market.  Founded by Aimee
Miller, the Company offers interior design, home staging, luxury
lease and e-design services.  DTM Interiors services multiple
states and areas, tailoring its design to each community and even
neighborhood to appeal to the local clientele.  

Designed to Move sought Chapter 11 protection (Bankr. C.D. Cal.
Case No. 18-11774) on Feb. 17, 2018.  Judge Julia W. Brand is
assigned to the case.  In the petition signed by Aime Miller,
managing member, the Debtor said the value of its assets is
"unknown", and its liabilities range from $1 million to $10
million.  The Debtor tapped Dennis E McGoldrick, Esq., at Law
Office of Dennis McGoldrick, as counsel.


DISASTERS STRATEGIES: Case Summary & 20 Top Unsecured Creditors
---------------------------------------------------------------
Debtor: Disasters, Strategies and Ideas Group, LLC
        P.O. Box 12333
        Tallahassee, FL 32317

Business Description: Disasters, Strategies and Ideas Group, LLC
                      -- http://dsideas.com-- is an emergency
                      management and homeland security services
                      consulting firm.  DSI was established by
                      former North Carolina and Florida Emergency
                      Management Director Joe Myers in 2003 to
                      provide emergency management services to
                      state, local and federal agencies.
                      Headquartered in Tallahassee, Florida, DSI
                      serves Florida and the Southeast with a team
                      of professionals that is expert in all
                      aspects of homeland security and emergency
                      management, with its primary focus being
                      disaster recovery grant management services.

Chapter 11 Petition Date: July 17, 2018

Court: United States Bankruptcy Court
       Northern District of Florida (Tallahassee)

Case No.: 18-40375

Judge: Hon. Karen K. Specie

Debtor's Counsel: Robert C. Bruner, Esq.
                  BRUNER WRIGHT, P.A.
                  2810 Remington Green Circle
                  Tallahassee, FL 32308
                  Tel: 850-385-0342
                  Fax: 850-270-2441
                  E-mail: rbruner@brunerwright.com

                    - and -

                  Byron Wright, III, Esq.
                  BRUNER WRIGHT, P.A.
                  2810 Remington Green Circle
                  Tallahassee, FL 32308
                  Tel: 850-385-0342
                  E-mail: twright@brunerwright.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Joseph Myers, vice president.

A full-text copy of the petition containing, among other items, a
list of the Debtor's 20 largest unsecured creditors is available
for free at:

                  http://bankrupt.com/misc/flnb18-40375.pdf


DON FRAME TRUCKING: Hearing on Cash Collateral Bid Moved to July 30
-------------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of New York has
continued to July 30, 2018, the hearing to consider the request of
Don Frame Trucking, Inc. to use cash collateral.  The Court will
also consider the response filed by creditor Jamestown Macadam,
Inc.

A final hearing on the Debtor's motion to use of cash collateral
was originally set for July 9.

The Hon. Carl L. Bucki had authorized Don Frame Trucking to
immediately use $12,000 in cash consistent with a budget submitted
to the court, except that no payment will be made to John D. Frame
for pre-petition wages until a hearing later in the case.  A
full-text copy of the Order is available at

          http://bankrupt.com/misc/nywb18-11147-22.pdf

                    About Don Frame Trucking

Don Frame Trucking, Inc., is a trucking company in Fredonia, New
York specializing in the transport of dry bulk commodities,
construction and hazardous materials.

Don Frame Trucking filed a Chapter 11 petition (Bankr. W.D.N.Y.
Case No. 18-11147) on June 13, 2018.  In the petition signed by
John D. Frame, vice president/treasurer, the Debtor estimated $1
million to $10 million in both assets and liabilities.  The Hon.
Carl L. Bucki presides over the case.  Gross Shuman P.C., led by
Robert J. Feldman, serves as bankruptcy counsel to the Debtor; and
Woods Oviatt Gilman LLP, as the special counsel.


DON FRAME TRUCKING: May Use Cash to Pay Pre-Petition Payroll Duties
-------------------------------------------------------------------
The Hon. Carl L. Bucki of the U.S. Bankruptcy Court for the Western
District of New York, at the behest of Don Frame Trucking, Inc.,
has authorized payment of pre-petition payroll obligations, and any
payroll taxes thereon, except for the wages of John D. Frame -- the
Debtor's Vice President.

Additionally, Judge Bucki has authorized payment of the health
insurance of John D. Frame, as is the outstanding invoice of
Univera for health insurance of the Debtor's employees for June
2018.

The Court finds that the Debtor ceased operations as a business
that engaged in the transportation of construction materials on May
18, 2018, and it has been liquidating its assets since that time.

A full-text copy of the Order is available at

           http://bankrupt.com/misc/nywb18-11147-18.pdf

                    About Don Frame Trucking

Don Frame Trucking, Inc., is a trucking company in Fredonia, New
York specializing in the transport of dry bulk commodities,
construction and hazardous materials.

Don Frame Trucking filed a Chapter 11 petition (Bankr. W.D.N.Y.
Case No. 18-11147) on June 13, 2018.  In the petition signed by
John D. Frame, vice president/treasurer, the Debtor estimated $1
million to $10 million in both assets and liabilities.  The Hon.
Carl L. Bucki presides over the case.  Gross Shuman P.C., led by
Robert J. Feldman, serves as bankruptcy counsel to the Debtor.
Woods Oviatt Gilman LLP, is the special counsel.


DWM RESTAURANTS: Taps Bountiful Law as Legal Counsel
----------------------------------------------------
DWM Restaurants, Inc., received approval from the U.S. Bankruptcy
Court for the Western District of Washington to hire Bountiful Law,
PLLC as its legal counsel.

The firm will assist the Debtor in the investigation of the
financial affairs of its estate; advise the Debtor regarding
creditor distribution; and provide other legal services related to
its Chapter 11 case.

The firm will charge at these hourly rates:

     Lawrence Blue          $350
     Brad Puffpaff          $280
     Contract Attorneys     $200
     Paralegal              $125
     Legal Secretary         $75

Bountiful Law received a retainer in the sum of $6,000 from the
Debtor.

Lawrence Blue, Esq., a principal of Bountiful Law, disclosed in a
court filing that his firm does not hold any interest adverse to
the Debtor's estate, creditors and equity security holders.

The firm can be reached through:

     Lawrence M. Blue, Esq.
     Bountiful Law, PLLC
     4620 200th St. SW, Suite D
     Lynnwood, WA 98036
     Phone: (425)775-9700  
     Fax: (425)633-2465
     E-mail: bountifulreception@gmail.com

                     About DWM Restaurants

DWM Restaurants, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Wash. Case No. 18-11957) on May 15,
2018.  In the petition signed by David W. Mayers, president, the
Debtor estimated assets of less than $50,000 and liabilities of
less than $500,000.


ELEMENTS BEHAVIORAL: July 18 Auction of All Assets Set
------------------------------------------------------
Judge Brenda L. Shannon of the U.S. Bankruptcy Court for the
District of Delaware authorized the bidding procedures of EBH
TOPCO, LLC and affiliates in connection with the sale of
substantially all assets to Project Build Behavioral Health, LLC,
absent higher and better offers.

The Debtors are authorized to enter into the Stalking Horse
Agreement with Project Build and offer reimbursement of Project
Build's reasonable and actual fees and expenses incurred as the
stalking horse bidder up to $325,000.  The expense reimbursement
will constitute an allowed administrative expense claim against the
Debtors' bankruptcy estates.

The salient terms of the Bidding Procedures are:

     a. Bid Deadline: July 16, 2018 at 4:00 p.m. (ET)

     b. Deposit: 10% of the Bid's proposed purchase price

     c. Amount of Bid: Each Bid may be for an individual Asset, any
portion of the Assets, or all of the Assets and will clearly show
the amount of the purchase price.  In addition, with respect only
to a proposed purchase of substantially all of the Assets, a Bid
(a) must propose a purchase price equal to or greater than the
aggregate of the sum of (i) the value of the Bid set forth in the
Stalking Horse Agreement, as determined by the Debtors; (ii) the
dollar value of the Expense Reimbursement in cash, and (iii)
$150,000, the initial overbid amount, in cash and (b) must obligate
the Bidder to pay, to the extent provided in the Agreement, all
amounts which the Stalking Horse Bidder under the Agreement has
agreed to pay, including any assumed liabilities (as set forth in
the Stalking Horse Agreement).

     d. Auction: The Debtors will conduct the Auction on July 18,
2018 at 10:00 a.m. (ET) at the offices of their counsel, Polsinelli
PC, 222 Delaware Avenue, Suite 1101, Wilmington DE 19801 or such
later time on such day or other place as the Debtors will notify
all Qualified Bidders who have submitted Qualified Bids, if a
Qualified Bid is timely received.

     e. Bid Increments: $150,000

     f. The Stalking Horse Bidder will be deemed to be a Qualified
Bidder and is not required to make any Good Faith Deposit nor
submit its bid (if any) by the Bid Deadline.

     g. Credit Bid Objection Deadline: July 13, 2018 at 5:00 p.m.

     h. Sale Hearing: July 19, 2018 at 10:00 a.m. (ET)

     i. Sale Objection Deadline: July 12, 2018

A copy of the Bidding Procedures attached to the Order is available
for free at:

      http://bankrupt.com/misc/EBH_Topco_139_Order.pdf

As soon practicable, the Debtors will serve on all non-Debtor
counterparties to any Contract that may be assumed by the Debtors
and assigned to the Successful Bidder, setting forth the Debtors'
calculation of the cure amount, if any, that would be due and owing
to such Contract Counterparty if the Debtors decided to assume or
assume and assign such executory contract or unexpired lease, and
alerting such Contract Counterparty that their contract may be
assumed and assigned to the Successful Bidder.

No later than June 28, 2018, the Debtors will file with the Court
and serve on the Cure and Possible Assumption and Assignment Notice
Parties who are parties to a Contract to be assumed and assigned an
Assumption Notice, stating which Contracts may be assumed and
assigned, including cure a mounts, and providing such parties with
the Qualified Bidders' assurance of future performance.  The
Contract Objection deadline is July 12, 2018 at 4:00 p.m. (ET).

The Sale Notice, the Cure and Possible Assumption and Assignment
Notice, and the Assumption Notice are approved.  Within one
business day after the entry of the Order, the Debtors (or their
agents) will serve the Sale Notice upon all Sale Notice parties.

               About Elements Behavioral Health

Long Beach, California-based EBH Topco, LLC, along with its
subsidiaries -- http://www.elementsbehavioralhealth.com/-- are
providers of behavioral health services and residential drug and
alcohol addiction treatment.  The Elements Behavioral Health(R)
family of programs offers comprehensive, innovative treatment for
substance abuse, sexual addiction, trauma, eating disorders, and
other mental health disorders.  

EBH Topco, LLC (Lead Case), Elements Behavioral Health, Inc., and
certain of its affiliates sought Chapter 11 bankruptcy protection
on May 23, 2018 (Bankr. D. Del. Case No. 18-11214).  

In the petition signed by CRO Martin McGahan, the Debtors estimated
$50 million to $100 million in assets and under $100 million to
$500 million in liabilities.

The Hon. Brendan Linehan Shannon presides over the Debtors' cases.

Christopher A. Ward, Esq., Shanti M. Katona, Esq., Stephen J.
Astringer, Esq., and Jeremy R. Johnson, at Polsinelli PC, serve as
counsel to the Debtors.  Alvarez & Marsal LLC acts as restructuring
advisor to the Debtors; Houlihan Lokey Capital, Inc., is the
investment banker; and Donlin, Recano & Company, Inc., is the
notice and claims agent.


ENERGY TRANSFER: Fitch Rates Series D Preferred Equity 'BB'
-----------------------------------------------------------
Fitch Ratings has assigned a 'BB' preferred equity rating to Energy
Transfer Partners, L.P.'s (ETP) proposed offering of Series D
perpetual preferred units. ETP's ratings reflect the size and scale
of ETP's operations, which offer both business line diversity and
geographic diversity, with operations spanning most major domestic
production basins. The ratings consider ETP's current high adjusted
leverage (debt/adjusted EBITDA). Fitch expects this leverage to
improve as projects are completed and capital spending moderates.
Additional concerns include construction and regulatory risks,
volumetric risks, structural subordination to subsidiary debt, and
uncertainties resulting from potential future structural changes.

KEY RATING DRIVERS

Large Diversified Asset Base: ETP's geographic and business line
diversity provides a solid operating asset base and a decent
platform for growth within most of the major U.S. production
regions. The company owns and operates roughly 62,500 miles of
natural gas, crude and natural gas liquids (NGL) pipelines, 65
processing plants, treating plants and fractionators, significant
compression, and large scale, underground liquid and natural gas
storage.

While commodity price exposure and counterparty risks are
relatively limited, some businesses are subject to both
counterparty and volumetric risks, namely the midstream business.
The midstream segment is focused on gathering, compression,
treating, blending, and processing. It is geographically located in
the Austin Chalk trend and Eagle Ford Shale in South and Southeast
Texas, the Permian Basin in West Texas and New Mexico, the Barnett
Shale and Woodford Shale in North Texas, the Bossier Sands in East
Texas, the Marcellus Shale in West Virginia and Pennsylvania, and
the Haynesville Shale in East Texas and Louisiana. With low
commodity prices, production could be challenged in several of
these regions, but geographic diversity should help. The potential
effect on pipeline system utilization and related re-contracting
risk resulting from changing natural gas supply dynamics is a
longer-term concern.

Supportive Sponsor: Fitch expects Energy Transfer Equity (ETE;
BB/Stable Outlook) to continue to be a supportive sponsor of its
major operating partnership. ETE has committed to providing the
partnership with incentive distribution right waivers previously
given to ETP totalling over $930 million through 2019, which will
help support liquidity needs at the partnership. Even with the
significant amount of waivers provided by ETE, ETP still has
incentive distribution payments, which increase significantly in
2018 as some of the previously provided waivers roll off. These
incentive distribution payments increase the equity cost of
capital, which already high, and can be prohibitive to growth
spending and ETP's ability to access equity markets as a capital
source. While these payments are not expected to be overly
burdensome for the combined ETP near term, Fitch believes they
could provide a catalyst for further interfamily transactions.

High Leverage: ETP's leverage metrics have recently been high with
year-end 2017 leverage of 5.3x, based on Fitch calculations, but
has been improving with ETP's last 12-month leverage of roughly
5.0x as of March 31, 2018. Fitch expects leverage on a consolidated
basis to continue to improve modestly to between 4.2x and 4.7x in
2019 as projects are completed and come online. Capital spending is
expected to remain high over the next two years as ETP works
through several large scale projects including Rover Pipeline,
Mariner East 2, Revolution Pipeline system and LoneStar Frac V,
which are all expected to be in service by 2019.

Relatively Stable Cash Flows: Fitch expects the ETP to maintain a
high level of fee-based or hedged cash flow in excess of 75%. As
ETP has grown its asset base, the percentage of gross margin
supported by fee-based contracts has increased, with the
partnership moving towards becoming largely fee-based or hedged,
due in part to new projects coming online with heavy fee-based
components. Counterparty exposure is significantly weighted toward
investment-grade names.

DERIVATION SUMMARY

ETP's ratings reflect the size and scale of ETP's operations, which
offer both business line diversity and geographic diversity, with
operations spanning most major domestic production basins. ETP's
size and scale are consistent with Fitch's expectations for
investment grade midstream issuers. The ratings consider ETP's
current high adjusted leverage (debt/adjusted EBITDA), relative to
'BBB-' rated midstream entities. Fitch typically likes to see
leverage (debt/EBITDA) between 4.0x and 5.0x depending on asset
base, size, scale and cash flow profile. ETP is one of the largest,
diversified master limited partnerships (MLPs) in Fitch's coverage
universe. Its assets span most of the major U.S. oil and gas
production regions, similar to the higher rated, MLP Enterprise
Products Partners, L.P. (EPD; Fitch rates EPD's operating
subsidiary Enterprise Products Operating Company LLC BBB+/Stable).
ETP's leverage metrics are currently high, (ETP's year-end 2017
leverage was 5.3x based on Fitch calculations) in line with
similarly rated large scale midstream peers, like Kinder Morgan,
Inc. (KMI; BBB-/Stable 2017 year-end leverage 5.2x) , but higher
than Williams Partners, L.P. (WPZ; BBB-/Positive 2017 year-end
leverage 4.2x). Fitch does expect ETP to continue to delever in
2018 and 2019 as its robust growth spending backlog is completed
and the earnings and cash flows from those projects come online.
Fitch typically looks for leverage below 5.0x on a sustained basis
for large, diversified midstream issuers in the 'BBB-' range and
believes ETP will achieve those metrics in 2018 and beyond. ETP's
revenue profile is supported by long-term contracts with a heavy
fixed fee component, consistent with its investment grade rating.

KEY ASSUMPTIONS

Fitch's key assumptions within its rating case for the issuer
include:

  -- Growth spending consistent with management guidance. Growth
spending high through 2018 but declining in 2019 and 2020. Proceeds
from debt and equity issuances used to fund spending in a balanced
manner. Maintenance capital spending between $400 and $500 million
annually for the forecast period.

  -- Modest growth in distributions over the 2018-2020 timeframe.

  -- Commodity prices consistent with Fitch's base case price deck:
WTI oil price stable at $55/barrel; Henry Hub gas price that trends
up from $2.75/mcf in 2018 to a long-term price of $3.00/mcf.

RATING SENSITIVITIES

Future Developments That May, Individually or Collectively, Lead to
Positive Rating Action

  -- A material improvement in credit metrics with the combined
partnership's adjusted leverage below 4.0x on a
consolidated basis for a sustained period of time along with
distribution coverage above 1.0x.

Future Developments That May, Individually or Collectively, Lead to
Negative Rating Action

  -- Weakening credit metrics with adjusted consolidated leverage
(debt/adjusted EBITDA) above 5.0x on a sustained basis
for 2018 and beyond would likely lead to a downgrade to 'BB+'.
Fitch expects adjusted consolidated leverage for 2017 to
be above 5.0x, driven in part by high growth capital spending and
timing lags associated with delays on construction and
project completions, but improve to below 5.0x in 2018 and beyond
as projects are completed. Further material delays or
cost overruns on projects could lead to a negative ratings action;

  -- Distribution coverage below 1.0x on a sustained basis. Fitch
expects 2018 distribution coverage to be well above 1.0x;
however, sustained distribution coverage below 1.0x would lead to a
negative ratings action;

  -- Increasing commodity exposure above 30% could lead to a
negative rating action if leverage were not appropriately decreased
to account for increased earnings and cash flow volatility.

LIQUIDITY

Liquidity Adequate: ETP has sufficient liquidity in the near term.
Revolver availability has been freed up following the sale of its
compression business and the sale of Sunoco LP common units back to
Sunoco, LP in February 2018. On December 1, 2017, ETP entered into
a five-year, $4.0 billion unsecured revolving credit facility,
which matures December 1, 2022 and a $1.0 billion 364-day revolving
credit facility that matures on November 30, 2018. Availability
under its facilities at year-end was roughly $2.5 billion. The $4.0
billion facility contains an accordion feature, under which the
total aggregate commitments may be increased up to $6.0 billion
under certain conditions. ETP's credit facilities contain various
covenants including limitations on the creation of indebtedness and
liens, and related to the operation and conduct business. The
credit facilities also limit ETP on a rolling four quarter basis,
to a maximum Consolidated Funded Indebtedness to Consolidated
EBITDA ratio, as defined in the underlying credit agreements, of
5.0x, which can generally be increased to 5.5x during a specified
acquisition period. ETP was in compliance with its covenants as of
March 31, 2018 and Fitch expects continued covenant compliance in
the near to intermediate term.

FULL LIST OF RATING ACTIONS

Energy Transfer Partners, L.P.

  -- Series D Perpetual Preferred Offering 'BB'.


ENERGY TRANSFER: Moody's Rates New Series D Preferred Stock 'Ba2'
-----------------------------------------------------------------
Moody's Investors Service assigned a Ba2 rating to Energy Transfer
Partners, L.P.'s (ETP) proposed Series D Fixed-to-Floating
Cumulative Redeemable Perpetual Preferred Units. Its Baa3 senior
unsecured rating, its Ba1 junior subordinated notes rating and its
P-3 commercial paper rating are not affected by this action. The
rating outlook is negative.

Assignments:

Issuer: Energy Transfer Partners, L.P.

Series D Preferred Stock, Assigned Ba2

RATINGS RATIONALE

The proposed preferred units are rated Ba2, two notches below ETP's
Baa3 senior unsecured rating, reflecting their subordination to all
of the company's existing senior unsecured notes, its unsecured
revolving credit facility and its subordinated notes. Moody's
attributes 50% equity credit to the preferred units.

ETP's Baa3 rating reflects its scale, which ranks among the largest
publicly traded midstream master limited partnerships (MLP) in
terms of its size, geographic reach and the operational
diversification of its businesses. Its $77.5 billion midstream
asset base generates a largely fee-based cash flow stream,
reporting $6.7 billion of EBITDA in 2017. A strong first quarter
generated reported EBITDA of $1.94 billion, up 30% from 2017's
first quarter, which on an annualized basis (proportionately
consolidated) equated to approximately 5x debt/EBITDA. Consolidated
for the operations and debt at its general partner Energy Transfer
Equity, L.P. (ETE, Ba2 negative), leverage is roughly 5.6x. Moody's
expects that EBITDA growth and deleveraging will accelerate into
2019, despite delays and cost increases affecting the construction
of several large pipeline projects, with ETP's debt/EBITDA at
year-end 2018 dropping below 5x. While ETP has an array of
alternative sources of potential liquidity available to it to
address its highly-leveraged balance sheet, its focus remains on
generating increased EBITDA through the completion of projects. The
dependence on EBITDA growth for deleveraging is subject to
execution risk. To the extent that a large aggregate of ETP's
capital spending is devoted to the completion of several
multi-billion dollar pipeline projects whose construction has been
subject to regulatory and permitting delays, and whose costs have
climbed, EBITDA growth could be lumpy or further delayed.

ETP's first quarter distribution coverage ratio was 1.15x,
reflecting a 30% increase in distributable cash flow and a flat
distribution rate, and with little help from the declining schedule
of IDR waivers from ETE. Positive coverage alleviates the necessity
of future IDR waivers from ETP's general partner or potential
distribution cuts, while preserving those options if necessary to
support ETP in the future.

Moody's views ETP to be in a good liquidity position into 2019,
reflecting several large pipeline projects, albeit delayed, to be
placed in service over the second half of 2018. Liquidity has been
most recently reinforced through the sale of ETP's compression
services business, which generated $1.225 billion in cash proceeds
paid April 1. In December, ETP closed on a new $4.0 billion
unsecured revolving credit facility with a December 1, 2022
scheduled maturity date, supplemented by a new $1.0 billion 364-day
credit facility. At March 31, 2018, $2.76 billion was borrowed
under ETP's revolver, of which $1.93 billion was commercial paper.
The financing of 2018's $4.5 billion growth capital spending will
look to cash accumulated from asset sales, revolving credit
availability and limited cash retention. Moody's also believes that
ETE has options which can be deployed to support ETP's liquidity if
necessary, among them additional IDR waivers and potential
flexibility around the level of cash distributions. ETP issued $3.0
billion in unsecured notes in May largely to refinance 2018's
scheduled debt maturities. ETP's next upcoming scheduled debt
maturities are its $400 million 9.7% notes due March 2019, its $450
million 9.0% notes due April 2019 and Panhandle Eastern Pipe Line
Company, LP's (Baa3 stable) $150 million 8.125% notes due in June.
ETP and ETE have a history of consistent support for ETP's
investment grade rating, which Moody's expects will continue to be
the case.

ETP's negative outlook reflects its high debt leverage. Its outlook
could be restored to stable provided the company's debt leverage
remains consistently under 5x, while maintaining distribution
coverage exceeding 1x. Substantial certainty that ETP's Rover
natural gas and Mariner East pipeline projects will successfully
begin commercial operations should also be demonstrated. ETP's
ratings could be downgraded if progress towards reducing leverage
approaching 4.5x is reversed. ETP's rating could also be lowered if
major projects are further delayed, if ETP's business risk profile
meaningfully deteriorates, should financing pressure materialize
further delaying the deleveraging process or if ETE's credit
profile materially weakens. ETP remains exposed to increased
consolidated group leverage, and could be negatively impacted
should ETE's debt service and distribution needs increase
significantly. Reducing debt leverage to the vicinity of 4x and
maintaining it at that level could prompt consideration of an
upgrade.

The principal methodology used in this rating was Midstream Energy
published in May 2017.

Energy Transfer Partners, L.P., headquartered in Dallas, Texas, is
a publicly traded MLP which owns and operates a broad array of
midstream energy assets. Its general partner, Energy Transfer
Equity, L.P., is also headquartered in Dallas, Texas.


ENERGY TRANSFER: S&P Rates Series D Preferred Units 'B'
-------------------------------------------------------
S&P Global Ratings assigned its 'BB' issue-level rating to Energy
Transfer Partners L.P.'s (ETP) series D fixed-to-floating rate
cumulative redeemable perpetual preferred units. S&P's assigned
intermediate equity credit (50%) to the issuance because it
believes that it meets its requirements for permanence,
subordination, and deferability. The partnership intends to use the
net proceeds to repay amounts outstanding under its revolving
credit facility and for general partnership purposes.

Dallas-based ETP is one of the largest master limited partnerships
in the U.S. Its primary operating activities consist of natural gas
transportation and storage and liquids operations, including
natural gas liquids logistics and fractionation and crude oil
transportation. The issuer credit rating on the company is 'BBB-'
and the outlook is stable.

  RATINGS LIST

  Energy Transfer Partners L.P.

  Issuer Credit Rating                           BBB-/Stable/A-3

  New Rating

  Energy Transfer Partners L.P.
   Series D Fixed-To-Floating Rate   
   Cumulative Redeemable Perpetual Pref. Units   BB


ENTRAVISION COMMUNICATIONS: S&P Cuts CCR to 'B+', Outlook Stable
----------------------------------------------------------------
S&P Global Ratings lowered its corporate credit rating on Santa
Monica, Calif.-based Entravision Communications Corp. to 'B+' from
'BB-'. The rating outlook is stable.

S&P said, "At the same time, we lowered our issue-level rating to
'BB-' from 'BB'. The '2' recovery rating indicates our expectation
for substantial recovery (70%-90%; rounded estimate: 70%) of
principal in the event of a payment default.

"The downgrade reflects our weaker view of Entravision's business
stemming from continued pressures on television and advertising
revenue and our expectation for gross debt to average-trailing
eight-quarter EBITDA to increase to the high-5x area in 2018 from
about 5x at the end of 2017. The weakness is a combination of
declining ratings, limited ability to alter programming given the
concentration of Univision affiliations, and its loss of a
Telemundo affiliation in San Diego in mid-2017.

"The stable outlook reflects our expectation that despite the
weakness in operating performance the company's large cash position
gives it the flexibility to make strategic acquisitions to improve
the scale of the business and increase its level of EBITDA or repay
debt to reduce leverage.

"We could lower the rating over the next 12 months if Entravision
undertakes significant shareholder returns such that its cash
balance significantly declines. We could also lower the rating if
it makes large acquisitions that do not meaningfully increase the
scale or level of EBITDA while reducing financial flexibility.

"We could raise the rating if Entravision uses its cash balance to
make acquisitions that increase the scale of the business such that
our view of the business risk profile would improve. The company
would also need to improve the underlying business by returning to
organic revenue growth and a stabilization of its EBITDA margin
profile. Alternatively, we could raise the rating if the company
uses its significant cash balance to repay debt such that adjusted
leverage decreases below 4x on a sustained basis."


ESCALERA RESOURCES: $20K Sale of Madden Assets to 31 Group Approved
-------------------------------------------------------------------
Judge Thomas B. McNamara of the U.S. Bankruptcy Court for the
District of Colorado authorized Escalera Resources Co.'s private
sale and assignment of its small working interests in the oil and
gas wells and leases located in Fremont County, Wyoming described
as the "Madden Assets" to 31 Group, LLC for $20,000.

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

Notwithstanding Fed. R. Bankr. P. 6004(h), the Order will be
effective and enforceable immediately upon entry, and its
provisions will be self-executing.  The Order will take effect
immediately and will not be automatically stayed pursuant to Fed.
R. Bankr. P. 7062 or otherwise.

No assignment and/or transfer of any of the Debtor's fractional
interests in the federal oil and gas lease(s) and well(s) shall
take effect absent the prior consent of the United States.

As adequate assurance of future performance under the Federal
Lease(s), the Purchaser assumes and will succeed to all liabilities
of the Debtor thereunder.

                    About Escalera Resources

Headquartered in Denver, Colorado, Escalera Resources Co.
(OTCMKTS:ESCRQ) is an independent energy company engaged in the
exploration, development, production and sale of natural gas and
crude oil, primarily in the Rocky Mountain basins of the western
United States.  Escalera was incorporated in Wyoming in 1972 and
reincorporated in Maryland in 2001.  As of October 2015, the
Company had 22 employees, none of whom are subject to a collective
bargaining agreement.

Escalera Resources filed for Chapter 11 bankruptcy protection
(Bankr. D. Colo. Case No. 15-22395) on Nov. 5, 2015.  In the
petition signed by CFO Adam Fenster, Escalera disclosed total
assets of $97.7 million and total liabilities of $67.7 million as
of June 30, 2015.

Judge Thomas B. McNamara is assigned to the case.

The Debtor hired Onsager Guyerson Fletcher Johnson as bankruptcy
counsel; Hein & Associates, LLP, as accountants; Lindquist & Vennum
LLP, as special counsel in connection with the Humphrey litigation;
Jones & Keller, P.C., as special counsel for general corporate and
securities matters; Williams, Porter, Day & Neville, P.C. as
special counsel in the pursuit of a tax refund from the State of
Wyoming; and Seaport Global Securities LLC as investment banker.

On Nov. 13, 2015, the U.S. Trustee appointed an Official Unsecured
Creditors Committee.  

The Creditors Committee filed a motion to appoint a chapter 11
trustee on Oct. 16, 2016.  The Debtor filed a response, and the
parties informally agreed to put the matter on hold while Debtor
obtained and hired financial advisors to conduct a sale process and
file a new Plan.


EXPERT CAR CARE 3: Seeks Authorization on Cash Collateral Use
-------------------------------------------------------------
Expert Car Care 3, LLC, seeks authorization from the U.S.
Bankruptcy Court for the Middle District of Florida to use the cash
collateral in the ordinary course of its business.

The Debtor owns the real property where its business is conducted,
which is located at 2123 Saxon Boulevard, Deltona, Florida 32725.
The Debtor owns most of the equipment and inventory located
therein.

As set forth in the budget, the Debtor requires the use of
approximately $28,987 of cash collateral to fund all necessary
expenses of its business.

Regions Bank holds a first mortgage lien on the Real Property in
the amount of $938,214.14 pursuant to that certain Mortgage and
Security Agreement, which also grants a security interest in, among
other things, the revenues and profits of the Debtor. The Debtor
acknowledges that the lien of Regions Bank is superior to any other
security interest in the Real Property.

The Debtor believes that Regions Bank is adequately protected by
its lien: on the Real Property, on the Debtor's receivables and on
the Debtor's projected positive cash flow. Additionally, the Debtor
proposes to make monthly payments of post-petition interest to
Regions Bank so as to protect Regions Bank against diminution of
its interest in the collateral.

The Debtor will also grant Regions Bank a replacement lien on
post-petition collateral to the extent that its prepetition
collateral is diminished by the Debtor's use of cash collateral.

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

            http://bankrupt.com/misc/flmb18-01439-105.pdf

                      About Expert Car Care

Expert Car Care 3, LLC and Expert Car Care 4, LLC, are
privately-held companies in Sanford, Florida, engaged in automotive
repair and maintenance.  They sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. M.D. Fla. Case Nos. 18-01439 and
18-01440) on March 16, 2018.  In the petitions signed by James
Sada, managing member, the Debtors each estimated assets of less
than $1 million and liabilities of $1 million to $10 million.
Judge Cynthia C. Jackson presides over the cases.  BARTOLONE LAW,
PLLC, led by principal Aldo G Bartolone, Jr., Esq., serves as
counsel to the Debtors.  No official committee of unsecured
creditors has been appointed in the Chapter 11 cases.


EXPERT CAR CARE 4: Seeks Access to Regions Bank Cash Collateral
---------------------------------------------------------------
Expert Car Care 4, LLC, seeks authorization from the U.S.
Bankruptcy Court for the Middle District of Florida to use the cash
collateral of Regions Bank in the ordinary course of its business.

The Debtor owns the real property where its business is conducted,
which is located at 2650 S. Orlando Drive, Sanford, Florida 32773.
The Debtor also owns most of the equipment and inventory located
therein.

As set forth in the budget, the Debtor requires the use of
approximately $13,729 of cash collateral to fund all necessary
expenses of its business.  Specifically, the Debtor will use the
cash collateral during the interim cash collateral period to
purchase merchandise, pay utilities, pay employee wages, pay for
leased equipment, pay sales tax, pay payroll taxes, as well as the
normal expenses of day-to-day operation.

Regions Bank holds a first mortgage lien on the Real Property in
the amount of $851,305.06 via a certain Mortgage and Security
Agreement, which also grants a security interest in, among other
things, the revenues and profits of the Debtor. The Debtor
acknowledges that the lien of Regions Bank is superior to any other
security interest in the Real Property.

The Debtor believes that Regions Bank is adequately protected by
its lien: on the Real Property, on the Debtor's receivables and on
the Debtor's projected positive cash flow. Additionally, the Debtor
will grant Regions Bank a replacement lien on post-petition
collateral to the extent that its prepetition collateral is
diminished by the Debtor's use of cash collateral.

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

               http://bankrupt.com/misc/flmb18-01439-107.pdf

                      About Expert Car Care

Expert Car Care 3, LLC and Expert Car Care 4, LLC, are
privately-held companies in Sanford, Florida, engaged in automotive
repair and maintenance.  They sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. M.D. Fla. Case Nos. 18-01439 and
18-01440) on March 16, 2018.  In the petitions signed by James
Sada, managing member, the Debtors each estimated assets of less
than $1 million and liabilities of $1 million to $10 million.
Judge Cynthia C. Jackson presides over the cases.  BARTOLONE LAW,
PLLC, led by principal Aldo G Bartolone, Jr., Esq., serves as
counsel to the Debtors.  No official committee of unsecured
creditors has been appointed in the Chapter 11 cases.


FALLS AT ELK GROVE: Voluntary Chapter 11 Case Summary
-----------------------------------------------------
Debtor: The Falls at Elk Grove, LLC
        9067 South 1300 West, Suite 301
        West Jordan, UT 84088

Business Description: The Falls at Elk Grove, LLC, is part of the
                      Falls Consolidated Enterprise.  It operates
                      as an event center/venue for hosting
                      conferences, company annual holiday parties,
                      family reunions, high school proms, birthday

                      parties, weddings and more.  

                     
TheFallsEventCenter.com/location/Elk-Grove-Ca

Chapter 11 Petition Date: July 16, 2018

Court: United States Bankruptcy Court
       District of Utah (Salt Lake City)

Case No.: 18-25208

Judge: Hon. Kimball R. Mosier

Debtor's Counsel: Elaine A. Monson, Esq.
                  RAY QUINNEY & NEBEKER P.C.
                  36 South State Street, Suite 1400
                  Salt Lake City, UT 84111
                  Tel: (801) 532-1500
                       (801) 323-3346
                  Fax: (801) 532-7543
                  E-mail: emonson@rqn.com

Estimated Assets: $10 million to $50 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Brooks Pickering, manager.

The Debtor stated it has no unsecured creditors.

A full-text copy of the petition is available for free at:

         http://bankrupt.com/misc/utb18-25208.pdf


GENERAC POWER: Moody's Raises CFR to Ba2, Outlook Stable
--------------------------------------------------------
Moody's Investors Service upgraded all ratings of Generac Power
Systems, Inc.: Corporate Family Rating to Ba2 from Ba3, Probability
of Default Rating (PDR) to Ba2-PD from Ba3-PD, Speculative Grade
Liquidity (SGL) Rating to SGL-1 from SGL-2 and rating on the
company's $879 million term loan B facility to Ba2 from Ba3. The
rating outlook is stable.

RATINGS RATIONALE

Generac's ratings upgrade reflects expectations for continuing good
credit metrics, including attractive margins, and strong annual
free cash flow in excess of $200 million (over 20% of Moody's
adjusted debt). Generac's debt to EBITDA was approximately 3 times
while sustaining a 17% EBITA margin for the twelve months ended
March 31, 2018. Revenue grew 16% in 2017, boosted by increased
demand for its generators following prolonged power outages caused
by several severe hurricanes in the US. Moody's expects revenue
growth in the mid- to high-single digit percentages in upcoming
years, helped by overall strong demand for the company's commercial
and industrial products supported by outdated power grids and
Generac's focus on increasing penetration of standby generators in
the US residential housing market. The upgrade also considers
Generac's very good liquidity and Moody's expectation that it will
continue to deleverage while executing small acquisitions to
strengthen its product portfolio. Shareholder returns have been
moderate in recent years; the largest stock buyback was in 2016 for
approximately $150 million. Moody's expects Generac to maintain a
measured approach toward shareholder returns, limiting share
repurchases below free cash flow.

Unpredictability surrounding generator demand remains a key
variable. During periods of limited power outages or absence of
major weather events, customer awareness of generators drops,
negatively affecting demand and financial performance. The lack of
significant product diversity could also hurt Generac during an
economic downturn particularly if there are few major storms.

The stable outlook balances Generac's attractive margins and strong
free cash flow generation against the cyclical nature of the
company's end-markets and the competitive environment. As Generac
continues to deliver strong financial results, Moody's believes
capital allocation will shift more toward shareholders.
Nonetheless, the likelihood of a large distribution that weakens
the balance sheet is less likely.

The SGL-1 Speculative Liquidity Rating, denoting very good
liquidity, anticipates continued robust free cash flow generation
over the next 12 to 18 months and the absence of meaningful
near-term debt maturities. Generac recently extended the maturity
of its asset-based revolving credit facility to 2023 while upsizing
the facility from $250 million to $300 million. This facility has a
springing minimum fixed charge coverage ratio test which Moody's
does not expect to be tested. As of March 31, 2018, there were no
borrowings under the facility and Moody's expects significant
availability, except to fund one or more larger acquisitions.

The ratings could be upgraded if debt to EBITDA were expected to be
sustained below 2.5 times (on a Moody's adjusted basis), while
sustaining free cash flow to debt at over 20%. Improved product
diversity would be a precursor to an upgrade because about 90% of
EBITDA is currently sourced from US generator sales. Further,
prudent shareholder policies consistent with stable and improving
credit metrics would be necessary for an upgrade.

The ratings could be downgraded if debt to EBITDA exceeded 4 times
or EBITA to interest coverage declines below 4.5 times.
Deteriorating EBITA margin toward low teens, aggressive shareholder
friendly actions or weakening operating cash flow could also create
downward rating pressure. A sizable debt funded acquisition that
severely weakens the balance sheet could also result in a ratings
downgrade.

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

Generac Power Systems, Inc., headquartered in Waukesha, WI, is a
leading designer and manufacturer of a wide range of residential,
commercial and industrial standby electric generators and other
engine powered tools. The company has over 4,500 employees and
generated $1.7 billion in revenue for the LTM ended March 31, 2018.


The following summarizes Moody's's rating action:

Moody's upgraded the following ratings:

Issuer: Generac Power Systems, Inc.

  Corporate Family Rating, Ba2 from Ba3;

  Probability of Default Rating, Ba2-PD from Ba3-PD;

  Speculative Grade Liquidity Rating, SGL-1 from SGL-2;

  $879 Million Senior Secured Term Loan B due 2023, Ba2 (LGD4) from
Ba3 (LGD4).

Outlook Actions:

Issuer: Generac Power Systems, Inc.

  Outlook, Remains Stable


GOEASY LTD: S&P Affirms 'BB-' Issuer Credit Rating, Outlook Stable
------------------------------------------------------------------
S&P Global Ratings affirmed its 'BB-' issuer credit rating on
goeasy Ltd. The outlook remains stable. S&P also affirmed its 'BB-'
issue rating on the company's senior secured notes due 2022.

Goeasy has proposed an upsize of $150 million to its senior
unsecured notes due 2022. The company plans to use it to grow
consumer loan receivables and for other general corporate purposes.


S&P said, "Our rating on goeasy reflects the company's solid market
position in nonprime consumer lending and lease financing in
Canada, strong track record of profitability, and moderate leverage
as measured by debt to adjusted total equity (ATE). Conversely, we
view the company's exposure to nonprime lending, which carries high
charge-off rates, a highly encumbered balance sheet, and a
relatively concentrated funding profile, as negative rating
factors.

"Following the proposed add-on issuance of $150 million, we expect
the company to be at the high end of our expected leverage range of
2.25x-2.75x with very limited cushion against our leverage
threshold. However, we expect the company to quickly increase ATE
through retained earnings and operate well within our expected
leverage range over the next 12 months."

In June of 2018, the company also increased the size of its secured
revolving credit facility, with no change in cost of borrowing.
Concurrent with the add-on offering, the company amended certain
covenants on its secured revolving credit facility to be less
restrictive.

S&P said, "The stable outlook reflects our expectation that over
the next 12 months goeasy will maintain its solid market position
in nonprime consumer lending and lease financing. Our base-case
scenario assumes the company operates with leverage, as measured by
debt to ATE, within 2.25x-2.75x for the foreseeable future. The
outlook also incorporates our expectation that the company will
continue to operate with net charge-offs below 15%.

"We could lower the rating over the next 12 months if the company
increases leverage above 2.75x on a sustained basis, or if the
company's operating performance materially deteriorates.

"While unlikely in the next 12 months, we could raise the rating
over the long term if the company successfully executes its
strategic growth plans while improving its funding through an
increased use of unsecured financings, multiple lending
counterparties, and staggered maturities."


GOOD CLOTHING: Judge Approves 4th Interim Cash collateral Use
-------------------------------------------------------------
The Hon. Deborah J. Saltzman of the U.S. Bankruptcy Court for the
Central District of California authorized Good Clothing, Inc., to
use cash collateral on an interim basis through Aug. 31, 2018,
subject to the terms and conditions set forth in the Fourth Interim
Order.

The Debtor is authorized to deviate from the total expenses
contained in the budget by no more than 10% and to deviate by
category (provided the Debtor does not pay any expenses outside any
of the approved categories) without the need for further Court
Order.

Open Bank is granted a replacement lien only on the Debtor's
postpetition inventory. Such Replacement Lien will be deemed
perfected and the Interim Order constitutes sufficient and,
conclusive evidence of the granting, attachment, priority,
perfection, and validity of the replacement lien, effective as of
the date and time of entry of the Fourth Interim Order.

A further hearing on the Debtor's Cash Collateral Motion will be
held on Aug. 29, 2018 at 2:00 p.m.

No later than Aug. 15, 2018, the Debtor will file a supplement to
the Motion with evidence supporting any further request to use cash
collateral beyond August 31. Any opposition to the supplement will
be filed by Aug. 22, and any reply will be filed by Aug. 27.

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

             http://bankrupt.com/misc/cacb18-12496-178.pdf

                        About Good Clothing

Good Clothing, Inc. -- https://www.gslovesme.com/ -- owns and
operates twenty-eight retail stores throughout the greater Los
Angeles area selling primarily women's clothing, shoes, cosmetics,
fashion jewelry, hats and other related items.

Good Clothing filed for Chapter 11 protection (Bankr. C.D. Cal.
Case No. 18-12496) on March 7, 2018.  At the time of its filing,
the Debtor revealed bank accounts amounting to $21,200 with
inventory having a present value of $1.3 million.  As of the
Chapter 11 filing, the Debtor revealed that it owes secured
creditor Open Bank approximately $1,417,000.  The Debtor tapped
Simon Resnik Hayes LLC as its bankruptcy counsel.


GRUBB & ELLIS: Court Narrows Claims in BGC Suit vs Avision, et al.
------------------------------------------------------------------
District Judge Richard F. Boulware granted in part and denied in
part Defendants' Motion to Dismiss the Amended Complaint captioned
BGC PATNERS, INC., et al, Plaintiffs, v. AVISION YOUNG (CANADA),
INC., et al, Defendants, Case No. 2:15-cv-00531-RFB-GWF (D. Nev.).

Defendants argue that Plaintiffs lack standing to pursue their
claims because Debtor G&E, the alleged predecessor in interest,
rejected the underlying "Nevada Agreement," precluding assignment
to Plaintiffs. The Nevada Agreement provided, among other things,
that the Nevada Group would participate, as an affiliate of Grubb &
Ellis Affiliates, in cooperative marketing and referral programs.
The parties agreed that, during the term of the Nevada Agreement,
the Nevada Group received the right to use certain Grubb & Ellis
services and trademarks in the conduct of its brokerage business.

The Court does not find a legal basis for standing for any claims
that may have accrued after the filing of the petition. Because the
rejection of the Nevada Agreement as an executory contract
constituted a material breach by the Plaintiffs backdated to just
before the petition, In re Aslan, 909 F.2d at 371, Plaintiffs
cannot sue for any alleged post-petition breach by the Defendants.
However, this does not mean that Plaintiffs cannot assert claims
under the Nevada Agreement or other contracts the rights to which
were acquired in the APA. Where Plaintiffs have adequately alleged
a material breach prior to the petition date, such contracts do not
constitute executory contracts at all; they cannot be contracts in
which "the obligations of both parties are so unperformed that the
failure of either party to complete performance would constitute a
material breach and thus excuse the performance of the other."
These are not the kinds of potentially burdensome prospective
obligations the bankruptcy code seeks to alleviate, but rather
fully accrued claims that have become property of the estate and
may be transferred pursuant to state law.

Defendants had also argued that pursuant to the terms of the APA,
Grubb & Ellis had not validly transferred "executory contracts."
Because the Court does not find that Plaintiffs have standing to
pursue claims under any such executory contracts that had not fully
accrued prior to the petition date, the Court need not reach this
question.

Defendants also argue that Plaintiffs have failed to allege a
special relationship sufficient to support a claim for tortious
breach. The Complaint describes The Nevada Group as "an affiliate"
of Grub & Ellis, and describes the relationship as one in which
Grub & Ellis provided services and permitted use of its trademark.
As such, Plaintiffs have plausibly alleged a relationship
sufficiently akin to the "franchiser-franchisee" relationship the
Nevada Supreme Court has clearly identified as one of the special
relationships that may support a claim for tortious breach.
However, Plaintiffs have alleged no such special relationship with
Kupiec. The Court is not persuaded that the relationship of
"entrustment" involving trade secrets is of the type the Nevada
Supreme Court identified containing "elements of public interest,
adhesion, and fiduciary responsibility," nor one of great power
imbalance, such that tort liability would be warranted. Such a
theory would render almost any management or executive relationship
with an employer company sufficient to permit a tortious breach
claim. Therefore, Count VI is dismissed.

As to Count VII, Defendants argue that without underlying liability
there can be no aiding and abetting liability, and that the facts
as pled are insufficient. As only the Nevada Group is potentially
liable, and this claim is pled only against Kupiec and the Nevada
Group, the relevant question is whether Kupiec aided and abetted
the Nevada Group's alleged breach. Plaintiffs have stated a
plausible claim for Kupiec's aiding and abetting liability.
Plaintiffs assert that Kupiec was instrumental in orchestrating the
alleged conspiracy to intentionally induce breaches of a contract
plausibly characterized by the requisite special relationship.

As noted, liability will extend only to those alleged breaches that
occurred prior to the filing of the bankruptcy petition in February
2012. Thus the claims will only proceed if the Nevada Group's
breach and Kupiec's aiding and abetting occurred prior to that
date. Count V alleges, "The Nevada Group breached that duty by
engaging in direct competition with Plaintiffs by joining Avison
Young and by disclosing Plaintiffs' trade secrets to Avison
Young[.]" Thus the Amended Complaint makes clear that Plaintiffs
are asserting a violation based on the postposition complete break
with the affiliate agreement and subsequent joining of Avison
Young, as well as the preempted trade secret violation. Therefore,
Counts V through VII are dismissed.

Upon analysis of all the remaining claims the Court grants in part
the motion to dismiss and denies in part part as follows: Counts
III, IV, and IX, for breach of contract against Defendant Nevada
Group, breach of contract against Defendant Kupiec, and violation
of the Nevada Trade Secrets Act against all Defendants,
respectively, may proceed. All other claims are dismissed.

A full-text copy of the Court's Order dated June 19, 2018 is
available at https://bit.ly/2zuGdUk from Leagle.com.

G&E Acquisition Company, LLC, BGC Real Estate of Nevada, LLC &
Newmark Group Inc., Plaintiffs, represented by Frank Thomas Hecht
-- fthecht@nixonpeabody.com -- Nixon Peabody LLP, pro hac vice,
Jordan T. Smith , Pisanelli Bice, PLLC, Seth Alexander Horvath --
salexander@nixonpeabody.com -- Nixon Peabody LLP, pro hac vice,
Tina Bagby Solis -- tsolis@nixonpeabody.com -- Nixon Peabody LLP,
pro hac vice & Todd L. Bice, Pisanelli Bice PLLC.

Avison Young (Canada), Inc., Avison Young (USA), Inc. & Avison
Young-Nevada, LLC, Defendants, represented by Bryan Stephany --
bryan.stephany@kirkland.com -- Kirkland & Ellis LLP, pro hac vice,
Joseph Keith Kobylka -- joseph.kobylka@kirklandellis.com --
Kirkland & Ellis LLP, pro hac vice, Ashlie L. Surur, Hall Jaffe &
Clayton, LLP & Robert S. Larsen, Gordon & Rees LLP.

Mark Rose & Joseph Kupiec, Defendants, represented by Joseph Keith
Kobylka -- keith.kobylka@kirkland.com -- Kirkland & Ellis LLP, pro
hac vice, Ashlie L. Surur, Hall Jaffe & Clayton, LLP & Robert S.
Larsen -- rlarsen@grsm.com -- Gordon & Rees LLP.

Nevada Commercial Group, Defendant, represented by Anthony J.
DiRaimondo, Rice Reuther Sullivan & Carroll, LLP & David A. Carroll
-- dcarroll@rrsc-law.com -- Rice Reuther Sullivan & Carroll LLP.

John Pinjuv, Defendant, represented by Robert S. Larsen , Gordon &
Rees LLP, Anthony J. DiRaimondo , Rice Reuther Sullivan & Carroll,
LLP & David A. Carroll , Rice Reuther Sullivan & Carroll LLP.

                    About Grubb & Ellis

Grubb & Ellis Company -- http://www.grubb-ellis.com/-- is a
commercial real estate services and property management company
with more than 3,000 employees conducting throughout the United
States and the world.  It is one of the oldest and most recognized
brands in the industry.

Grubb & Ellis and 16 affiliates filed for Chapter 11 bankruptcy
(Bankr. S.D.N.Y. Lead Case No. 12-10685) on Feb. 21, 2012, to sell
almost all its assets to BGC Partners Inc.  The Santa Ana,
California-based company disclosed $150.16 million in assets and
$167.2 million in liabilities as of Dec. 31, 2011.

Judge Martin Glenn presides over the case.  The Debtors have
engaged Togut, Segal & Segal, LLP as general bankruptcy counsel,
Zuckerman Gore Brandeis & Crossman, LLP, as general corporate
counsel, and Alvarez & Marsal Holdings, LLC, as financial advisor
in the Chapter 11 case.  Kurtzman Carson Consultants is the claims
and notice agent.

BGC Partners, Inc., and its affiliate, BGC Note Acquisition Co.,
L.P., the DIP lender and Prepetition Secured Lender, are
represented in the case by Emanuel C. Grillo, Esq., at Goodwin
Procter LLP.

On March 27, 2012, the Court approved the sale to BCG.  An auction
was cancelled after no rival bids were submitted.  Pursuant to the
term sheet signed by the parties, BGC would acquire the assets for
$30.02 million, consisting of a credit bid the full principal
amount outstanding under the (i) $30 million credit agreement dated
April 15, 2011, with BGC Note, (ii) the amounts drawn under the
$4.8 million facility, and (iii) the cure amounts due to
counterparties.  BGC would also pay $16 million in cash because the
sale was approved by the March 27 deadline.  Otherwise, the cash
component would have been $14 million.

Approval of the sale was simplified when BGC settled with unsecured
creditors by increasing their recovery.  Grubb & Ellis Co. was
renamed Newmark Grubb Knight Frank following the sale.

Grubb & Ellis filed a liquidating Chapter 11 plan which gives
unsecured creditors an expected recovery between 1.7% and 4.7%.
The Court approved the explanatory disclosure materials in January
2013, and confirmed the Plan on March 6.  The Plan was declared
effective early in April 2013.


H N HINCKLEY: May Continue Using Cash Collateral Through July 26
----------------------------------------------------------------
The Hon. Joan N. Feeney of the U.S. Bankruptcy Court for the
District of Massachusetts authorized H N Hinckley & Sons, Inc.'s
further use of cash collateral on an interim basis through the
continued hearing which will be held on July 26, 2018 at 11:00 a.m.


Any objections to the Debtor's further use of cash collateral will
be filed by July 24, 2018 at 4:30 p.m.  The Debtor will file a
fifth supplement as directed on the record by July 20.

A copy of the Order is available at

                http://bankrupt.com/misc/mab18-10398-102.pdf

                      About H N Hinckley & Sons

H N Hinckley & Sons, Inc., headquartered in Vineyard Haven,
Massachusetts, is a dealer of building material and supplies.  H N
Hinckley & Sons filed a Chapter 11 petition (Bankr. D. Mass. Case
No. 18-10398) on Feb. 6, 2018.  In the petition signed by Wayne M.
Guyther III, president, the Debtor estimated assets and liabilities
at $1 million to $10 million.  The case is assigned to Judge Joan
N. Feeney.  The Debtor tapped Posternak Blankstein & Lund LLP as
its legal counsel. Schlossberg LLC is the special counsel.


HARRIS FINANCIAL: Seeks Authorization on Cash Collateral Use
------------------------------------------------------------
Harris Financial LLC seeks authorization from the United States
Bankruptcy Court for the District of Arizona to use cash collateral
to pay monthly expenses incurred in maintaining the sole asset of
this estate.

Harris own one piece of real estate, a home in California.  The
home is rented and brings in $5,600 in rents each month.
Wilmington Trust, NA holds the first lien deed of trust on this
property.  Harris is requesting authority to pay Wilmington from
these rents $2,663.24 a month in interest only payments at the rate
of 3%.

Harris further requests the Court to allow it to make adequate
protection payments starting July 1, 2018 to secured creditors as
follows:

     (a) Wilmington Trust, NA in the monthly amount of $4,595.55;
     (b) Bank 34 in the monthly amount of $66.05; and
     (c) Az Federal in the monthly amount of $534.85.

Harris contends that these post-petition and pre-confirmation
payments will preserve the status quo pending confirmation of its
Amended Chapter 11 Plan.

Harris also requests that it be allowed to use the cash collateral
to pay the HOA bill each month to remain current with the HOA.
Harris needs this authority so no late charges or additional
interest payments are incurred to the HOA. This payment is $435 per
month.

Additionally, Harris also pays lawn care for the property of $100 a
month to maintain the landscaping of the property and to set aside
funds to pay the yearly property taxes of $7,500 and the Trustee's
quarterly fees.

Further, Harris' plan provided to pay the only secured creditor, US
Fed $534.85 per month for six years at 5% interest.  Harris is
requesting authority to start making this payment June 1, 2018.
Until this use of cash collateral as agreed to Harris will be
setting aside sufficient funds to make the payments.  

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

           http://bankrupt.com/misc/azb18-02508-48.pdf

                     About Harris Financial

Harris Financial, LLC, is a privately-held company headquartered in
Gilbert, Arizona.  Its principal assets are located at 33963 Cape
Cove, Dana Point, California.  The company is a small business
debtor as defined in 11 U.S.C. Section 101(51D).

Harris Financial sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 18-02508) on March 15,
2018.  In the petition signed Michael Harris, Jr., managing member,
the Debtor disclosed $885,063 in assets and $1.21 million in
liabilities.  Keith M. Knowlton, L.L.C. is the Debtor's bankruptcy
counsel.  No official committee of unsecured creditors has been
appointed in the Chapter 11 case.


HCA HEALTHCARE: S&P Ups Corp. Credit Rating to BB+, Outlook Stable
------------------------------------------------------------------
S&P Global Ratings raised its corporate credit rating on Nashville,
Tenn.-based HCA Healthcare Inc. to 'BB+' from 'BB'. The outlook is
stable.  

S&P said, "In addition, we raised our rating on the company's
senior unsecured debt to 'BB-' from 'B+' to reflect the higher
corporate credit rating. The '6' recovery rating remains unchanged,
indicating our expectation for negligible recovery (0%-10%; rounded
estimate: 0%) in the event of a payment default.

"We affirmed our 'BBB-' issue-level rating on HCA's secured debt,
as we typically limit upward notching on debt issued by credits in
the 'BB+' rating category to one notch. The '1' recovery rating
indicates our expectation for very high recovery (90%-100%; rounded
estimate: 90%) in the event of a payment default.

"Our ratings upgrade reflects our view that the company's credit
profile is more consistent with that of 'BB+' peers following
continued EBITDA growth, consistent, substantial free cash flow
generation, and leverage in the very low-4x range. This assessment
incorporates our expectation that the company's financial policy of
using all of its internally generated cash flow and some debt
capacity for dividends, share repurchases, and modest acquisitions
will continue.

"Our stable outlook reflects our view that HCA will continue to be
resilient in a challenging operating market but also recognizes
that its modest growth and financial policies will likely prevent
any further sustainable improvement in its credit metrics."


HG VENTURES: Wants to Use Cash Collateral, Keep Factoring Deal
--------------------------------------------------------------
HG Ventures, Inc., doing business as Diamond Head Trucking, seeks
authority from the U.S. Bankruptcy Court for the Western District
of Pennsylvania to use cash collateral and to continue factoring
its accounts receivable with Advance Business Credit, LLC, doing
business as Triumph Business Credit under the terms and conditions
of the Factoring and Security Agreement, the Note, and the
Bankruptcy Rider thereto.

The Debtor has previously entered into a Factoring and Security
Agreement with Triumph, pursuant to which the Debtor allowed
Triumph to purchase certain of its accounts receivable at an
advance rate of 95%.  In order to secure the obligations to
Triumph, the Debtor granted Triumph a security interest in, inter
alia, all accounts receivable.  At the time of the filing of the
Chapter 11 Petition, the Debtor's obligation to Triumph was in the
amount of $1,360,000.

In order to provide Triumph adequate protection, the Debtor is
willing to grant Triumph a security interest in its postpetition
assets of the same nature and value as Triumph had in its
prepetition assets.  The Debtor contends that the granting of a
security interest in its postpetition assets, and by making the
post-petition monthly payments constitutes adequate protection of
the Triumph's Interest in the Debtor's use of cash collateral.

In order to pay its costs of operations, the Debtor has determined
that maintaining its Factoring and Security Agreement is in the
best interests of the Debtor, its creditors, and the estate.
Triumph is not willing to factor the Debtor's accounts receivable
unless it receives a security interest in the Debtor's
post-petition accounts receivable under the terms and conditions of
the Factoring and Security Agreement.  Accordingly, the Debtor
seeks the Court's approval of a Bankruptcy Rider to the Factoring
and Security Agreement.

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

             http://bankrupt.com/misc/pawb18-22478-10.pdf

                     About HG Ventures, Inc.
                  d/b/a Diamond Head Trucking

HG Ventures, Inc., d/b/a Diamond Head Trucking, based in
Finleyville, PA, filed a Chapter 11 petition (Bankr. W.D. Pa. Case
No. 18-22478) on June 19, 2018.  The Hon. Gregory L. Taddonio
presides over the case.  In the petition signed by Dave Golupski,
president, the Debtor estimated $0 to $50,000 in assets and $1
million to $10 million in liabilities.  Calaiaro Valencik, led by
name partner Donald R. Calaiaro, serves as bankruptcy counsel to
the Debtor.


HKD TREATMENT: Proposed $5K Sale of 2009 Toyota Camry Withdrawn
---------------------------------------------------------------
Treatment Options, P.C.'s proposal for a private sale of its right,
title and interest in a 2009 Toyota Camry, VIN 4TlBE46K89U263607,
was withdrawn.  The Debtor had proposed to sell the Toyota Camry to
Dr. Vasu Brown, a current employee of the Debtor, for $5,000.  The
hearing set for June 19, 2018 is cancelled.

                 About HKD Treatment Options

Based in Lowell, Massachusetts, HKD Treatment Options, P.C. --
http://www.hkdtreatmentoptions.com/-- provides behavioral health
counseling and treatment plans to help patients recover from
alcohol and drug addiction.

HKD Treatment Options filed a Chapter 11 petition (Bankr. D. Mass.
Case No. 17-41895) on Oct. 20, 2017.  In the petition signed by
Hung K. Do, president and director, the Debtor estimated less than
$50,000 in assets and $1 million to $10 million in liabilities.

Judge Elizabeth D. Katz presides over the case.

The Debtor hired Richard A. Mestone, Esq., at Mestone & Associates
LLC as its bankruptcy counsel; Good Schneider & Fried as its
special counsel; and Dennis and Associates as its accountant.


INPRINT MANAGEMENT: Taps Lisa Grady as Bookkeeper
-------------------------------------------------
InPrint Management, Inc., received approval from the U.S.
Bankruptcy Court for the District of Massachusetts to hire Lisa
Grady to provide bookkeeping services in connection with its
Chapter 11 case.

The services include inputting financial data into and maintaining
the Debtor's Quickbooks software program; preparing internal
reports; and preparing monthly operating reports for the U.S.
Trustee.

Ms. Grady charges an hourly fee of $67.

In a court filing, Ms. Grady disclosed that she is a "disinterested
person" as defined in section 101(14) of the Bankruptcy Code.

Ms. Grady maintains an office at:

     Lisa L. Grady
     179 Burlington Avenue, Unit B
     Wilmington, MA 01887

                     About InPrint Management

InPrint Management, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Mass. Case No. 18-11931) on May 24,
2018.  In the petition signed by its president, Kevin Montecalvo,
the Debtor estimated assets of less than $50,000 and debt ranging
$500,000 to $1 million.  George J. Nader, Esq., at Riley & Dever,
P.C., serves as the Debtor's counsel.


JULIA L. MORGUNOVA: Proposed $840K Sale of Brooklyn Property Okayed
-------------------------------------------------------------------
Judge Carla E. Craig of the U.S. Bankruptcy Court for the Eastern
District of New York authorized Julia L. Morgunova's Contract of
Sale, dated April 9, 2018, with Yana Zak and Alla Shustarovich in
connection with the sale of the real property known as and located
at 1380 East 70th Street, Brooklyn, New York for $840,000.

The hearing on the Motion was held on June 6, 2018.

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

From the proceeds of sale, the Debtor will pay all allowed liens
and secured claims with the balance of the sales price to be
deposited with the attorneys for the Debtor for payment of all
other allowed claims and expenses in the Chapter 11 case.

Cornerstone will file an application with the Court for approval of
its commission upon notice and a hearing and any commission
approved by the Court will be paid after the application is heard
and ruled on by the Court.

Julia L. Morgunova sought Chapter 11 protection (Bankr. E.D.N.Y.
Case No. 17-41470) on March 29, 2017.  The Debtor tapped Bruce
Weiner, Esq., at Rosenberg Musso & Weiner LLP, as counsel.
Cornerstone is the broker.


JUMIO INC: Briefing Schedule Extended Until After Mediation
-----------------------------------------------------------
Chief Magistrate Judge Mary Pat Thynge recommends that the cases
captioned BLOSO INVESTMENTS, LTD., Appellant, v. EDUARDO SAVERIN,
STEPHEN STUUT, SCOTT WEISS, ANDRESSEN HOROWITZ FUND, II, L.P., AH
CAPITAL MANAGEMENT L.L.C., PENG-TSIN ONG, JMO WIND DOWN LIQUIDATING
TRUST, THOMAS KASTENHOFER, DANIEL MATTES, and CHAD STARKEY,
Appellees. DANIEL MATTES, Appellant, v. EDUARDO SAVERIN, PENG-TSIN
ONG, SCOTT WEISS, ANDRESSEN HOROWITZ FUND, II, L.P., AH CAPITAL
MANAGEMENT L.L.C., STEPHEN STUUT, BLOSO INVESTMENTS, LTD., CHAD
STARKEY, THOMAS KASTENHOFER, and JMO WIND DOWN LIQUIDATING TRUST,
Appellees, C. A. No. 18-726-LPS., 18-727-LPS (D. Del.) be withdrawn
from the mandatory referral for mediation in the District Court.

The following parties Bloso, Mattess, Kastenholder, Starkey and the
JMO Wind Down, Inc. Liquidating Trust, believe that a reasonable
opportunity exists to mediate certain or all of the issues involved
in these appeals and certain parties will be participating in
mediation before JAMS on August 22, 2018, which was the first
available date for the necessary participants and the mediator.

As a result, without waiving any rights, the parties requested that
these matters be removed from the mandatory mediation requirement
of this Court and that briefing scheduled for these appeals be
extended until after the mediation. There are significant sources
of funding for a global resolution, which are reduced by the
parties' defense costs. As a result, the parties requested that any
briefing schedule be delayed until after mediation is completed to
allow preservation of those funds for any potential resolution.

The parties propose the following delayed briefing schedule to
allow completion of mediation and to preserve funding resources for
resolution:

Appellants' Opening Brief October 5, 2018, Appellees' Responses
Nov. 19, 2018, Appellants' Reply Dec. 19, 2018.

A copy of the Court's Recommendation dated June 18, 2018 is
available at https://bit.ly/2zrCPJR from Leagle.com.

Bloso Investments, Ltd., Appellant, represented by Andrew S. Dupre
-- adupre@mccarter.com -- McCarter & English, LLP, Alexander
Matthew Krischik -- akrischik@mccarter.com -- McCarter & English,
LLP & Kate Roggio Buck -- kbuck@mccarter.com -- McCarter & English,
LLP.

Eduardo Saverin, Appellee, represented by Michael R. Nestor --
mnestor@ycst.com -- Young, Conaway, Stargatt & Taylor LLP & Elena
C. Norman -- enorman@ycst.com -- Young, Conaway, Stargatt & Taylor
LLP.

Stephen Stuut, Appellee, represented by Eric D. Schwartz --
eschwartz@mnat.com -- Morris, Nichols, Arsht & Tunnell LLP, Andrew
R. Remming -- aremming@mnat.com -- Morris, Nichols, Arsht & Tunnell
LLP, Lauren Neal Bennett -- lbennett@mnat.com -- Morris, Nichols,
Arsht & Tunnell LLP & Susan W. Waesco -- swaesco@mnat.com --
Morris, Nichols, Arsht & Tunnell LLP.

Scott Weiss, Andreessen Horowitz Fund, II, L.P. & AH Capital
Management, L.L.C., Appellees, represented by William P. Bowden --
WBowden@ashbygeddes.com -- Ashby & Geddes & Peter H. Kyle --
peter.kyle@dlapiper.com -- DLA Piper LLP.

Peng-Tsin Ong, Appellee, represented by J. Jackson Shrum --
jshrum@jshrumlaw.com -- Jack Shrum, P.A.

JMO Wind Down Liquidating Trust, Appellee, represented by
Christopher A. Ward -- cward@polsinelli.com -- Polsinelli PC, James
P. Martin, pro hac vice, Randye B. Soref -- rsoref@polsinelli.com
-- Polsinelli PC, pro hac vice & Shanti Mulpuru Katona --
skatona@polsinelli.com -- Polsinelli PC.

                     About JMO Wind Down

Known as Jumio Inc. before selling its assets in a bankruptcy
court-sanctioned sale, JMO Wind Down Inc. was an online and mobile
identity management and credentials authentication company.
Headquartered in Palo Alto, California, Jumio had operations in the
United States, Europe and India. Its customers include, among
others, Airbnb, United Airlines, WorldRemit, EasyJet, and
Duolingo.

Jumio Inc. filed a Chapter 11 bankruptcy petition (Bankr. D. Del.
Case No. 16-10682) on March 21, 2016. The petition was signed by
Stephen Stuut, the CFO. The Debtor estimated assets of $1 million
to $10 million and debt of up to $50 million.

Judge Brendan Linehan Shannon is the case judge.

The Debtor tapped Landis Rath & Cobb LLP as bankruptcy counsel;
Ernst & Young, LLP, as financial advisor; Wilmer Hale, LLP ("WH")
as special corporate counsel; and Cooley LLP as special litigation
counsel. Rust Consulting/Omni Bankruptcy is the claims and noticing
agent.

The Official Committee of Equity Holders retained K&L Gates LLP as
general bankruptcy counsel, Pachulski Stang Ziehl & Jones LLP as
co-counsel, and Eisner Amper as financial advisor.

               * * *

The Debtor filed a motion to sell the assets for $22.7 million to
Jumio Acquisition, LLC, absent higher and better offers. Jumio
Acquisition is an entity formed by Facebook co-founder Eduardo
Saverin, holder $15.8 million secured debt on account of
prepetition senior secured convertible promissory notes, and who
was invested at least $23 million in the preferred and common
equity of the Debtor.

Unable to resolve issues with Equity Holders, the stalking horse
withdrew the bid. On May 6, 2016, the Court entered an order
authorizing the Debtor to sell the assets to an entity formed by
Centana Growth Partners, Jumio Buyer Inc., for cash equal to
$850,000 less certain agreed cure costs totaling no more than
$300,000 and plus assumption all liabilities of operating the
business from and after May 9, 2016.

The Debtor changed its name to JMO Wind Down Inc., following the
sale.

On July 25, 2016, the Debtor announced a Global Settlement with Mr.
Saverin, and the Equity Committee. The Global Settlement forms the
foundation of the consensual Plan of Liquidation filed by the
Debtor.

As reported by the Troubled Company Reporter on Oct. 21, 2016, Tom
Corrigan, writing for The Wall Street Journal Pro Bankruptcy,
reported that a plan to wind down the estate of Jumio won final
approval from a bankruptcy judge, bringing the contentious chapter
11 case nearer to a close.


KAPPA DEVELOPMENT: Taps Jeff Martin as Auctioneer
-------------------------------------------------
Kappa Development & General Contracting, Inc., seeks approval from
the U.S. Bankruptcy Court for the Southern District of Mississippi
to hire an auctioneer.

The Debtor proposes to employ Jeff Martin Auctioneers, Inc., to
conduct an online auction of its personal property.  The firm will
get a commission of 8% of the sales price for each property.

Jeff Martin, president of JMA, disclosed in a court filing that he
and his firm do not hold any interest adverse to the Debtor.

The firm can be reached through:

     Jeff Martin
     Jeff Martin Auctioneers, Inc.
     P.O. Box 16809
     Hattiesburg, MS 39404
     Phone: (601) 450-6200
     Toll Free No: 1-844-450-6200
     Fax: 601-450-4980
     Email: info@jeffmartinauctioneers.com

                      About Kappa Development

Kappa Development & General Contracting, Inc., based in Gulfport,
Miss., filed a Chapter 11 petition (Bankr. S.D. Miss. Case No.
17-51155) on June 12, 2017.  In the petition signed by Randy
Blacklidge, president, the Debtor estimated $1 million to $10
million in both assets and liabilities.  The Hon. Katharine M.
Samson presides over the case.  Nicholas Van Wiser, Esq., at Byrd &
Wiser, serves as bankruptcy counsel to the Debtor.


KIM CRAWFORD: District Court Affirms Order Sanctioning Lawyer
-------------------------------------------------------------
Appellant Brett A. Elam in the case captioned BRETT A. ELAM,
Appellant, v. THE BANK OF NEW YORK MELLON, Appellee, No.
9:17-CV-81289-RLR (S.D. Fla.) appeals the bankruptcy court's order
sanctioning Mr. Elam, and the bankruptcy court's order denying
reconsideration of its sanctions. After careful consideration of
the appeal, District Judge Robin L. Rosenberg entered an order
affirming the bankruptcy court's decision and denying without
prejudice debtor and intervenor Kim Crawford's motion for
attorney’s fees.

On appeal, Mr. Elam's arguments are divided into three categories:
(1) the bankruptcy court lacked jurisdiction to sanction him, (2)
Mr. Elam did not act in bad faith, and (3) Mr. Elam earned the fees
he removed from his client's trust account.

On page 14 of Mr. Elam's Initial Brief, Mr. Elam represents that
"[t]he main issue before this Court relates to the Bankruptcy
Court's Order and whether the Bankruptcy Court lost subject matter
jurisdiction over the matter upon the entry of the Order Dismissing
Chapter 11 Bankruptcy, which was entered on July 14, 2017." Despite
this representation, Mr. Elam fails to develop or argue this "main
issue" in his Initial Brief, and Mr. Elam cites to no legal
authority for this proposition. Additionally, after Ms. Crawford
pointed out Mr. Elam's lack of legal authority in Ms. Crawford's
Response Brief, Mr. Elam again failed to cite any legal authority
on this issue in his Reply Brief. In any event, Mr. Elam's
contention lacks merit and is not supported by law. Federal courts
may consider collateral issues such as attorney's fees and the
imposition of sanctions after an action is no longer pending. The
power to impose sanctions after dismissal extends to bankruptcy
courts.  For the foregoing reasons, Mr. Elam's argument on the
issue of the bankruptcy court's jurisdiction, to the extent that
argument is not abandoned due to Mr. Elam's lack of discussion or
citations to authority in his Initial Brief, is rejected. Finally,
for the purpose of addressing Ms. Crawford's request for attorney's
fees, the Court notes that Mr. Elam failed to cite any authority on
this issue in both his Initial Brief and his Reply Brief.

The Court concludes that Mr. Elam has abandoned on appeal any
argument that the bankruptcy court could not sanction him pursuant
to 11 U.S.C. section 105(a) and Local Rule 2090-2(B)(1). Even if
Mr. Elam has not abandoned those arguments, the bankruptcy court
did not abuse its discretion in imposing sanctions.  And to the
extent the bankruptcy court needed a finding of bad faith to
sanction Mr. Elam pursuant to its own inherent power, the
bankruptcy court made sufficient findings of bad faith and Mr.
Elam's bad faith is abundantly clear from the record. For the
foregoing reasons, Mr. Elam's arguments on appeal are rejected. For
the purpose of addressing Ms. Crawford's request for attorney's
fees, the Court notes that Mr. Elam failed to develop any argument
that would invalidate the bankruptcy court's sanctions pursuant to
11 U.S.C. section 105(a) and Local Rule 2090-2(B)(1).

Finally, the Court acknowledges that Ms. Crawford has a financial
interest in this appeal. For example, the bankruptcy court awarded
Ms. Crawford damages in connection with its sanction of Mr. Elam.
If this Court were to reverse the bankruptcy court's sanctions, Ms.
Crawford's award would be subject to reversal as well. Even so, the
legal basis for this Court to award damages to an intervenor--not
an appellee--is unclear to this Court and is not an issue
thoroughly briefed by the parties. In an abundance of caution, the
Court denies without prejudice Ms. Crawford's request for
attorney's fees.

The bankruptcy case is in re: Kim Crawford, Debtor, Case No.
14-28923-PGH (Bankr. S.D. Fla.).

A full-text copy of the Court's Order dated June 19, 2018 is
available at https://bit.ly/2JcjGvf from Leagle.com.

Brett A. Elam, Appellant, represented by Douglas Crane Broeker --
doug@broekerlaw.com -- Sweetapple, Broeker & Varkas, P.L.

Brett A. Elam, Appellant, pro se.

Bank of New York, Appellee, represented by Gary Michael Freedman --
gfreedman@broadandcassel.com   -- Broad and Cassel LLP.


KMC TRUCKING: Case Summary & 5 Unsecured Creditors
--------------------------------------------------
Debtor: KMC Trucking LLC
        201 Coleman Drive
        Travelers Rest, SC 29690

Business Description: KMC Trucking LLC is a general freight
                      trucking company based in Travelers Rest,
                      South Carolina.

Chapter 11 Petition Date: July 14, 2018

Case No.: 18-03574

Court: United States Bankruptcy Court
       District of South Carolina (Spartanburg)

Judge: Hon. Helen E. Burris

Debtor's Counsel: Robert H. Cooper, Esq.  
                  THE COOPER LAW FIRM
                  150 Milestone Way, Suite B
                  Greenville, SC 29615
                  Tel: 864-271-9911
                  Fax: 864-232-5236
                  Email: thecooperlawfirm@thecooperlawfirm.com

Total Assets: $1,217,173

Total Liabilities: $1,226,913

The petition was signed by Mary Clark, managing member.

A full-text copy of the petition containing, among other items, a
list of the Debtor's five unsecured creditors is available for free
at:

                   http://bankrupt.com/misc/scb18-03574.pdf


LA CASA DE PEDRO: Granted Consent on Interim Cash Collateral Use
----------------------------------------------------------------
The Hon. Joan N. Feeney of the U.S. Bankruptcy Court for the
District of Massachusetts granted La Casa de Pedro, Inc.'s motion
for interim authorization to use cash and non-cash collateral for
reasons stated on the record, and in light of the consent of
secured creditor, Leader Bank.

A copy of the Order is available at

               http://bankrupt.com/misc/mab18-11916-39.pdf

                       About La Casa de Pedro

La Casa de Pedro, Inc. -- http://lacasadepedro.com/-- is a
restaurant that offers Venezuelan & Spanish cuisine.  Owner and
Executive Chef Pedro Alarcon serves dishes that highlight the
traditions of his native Venezuela and broader Latin American
heritage.

La Casa de Pedro, Inc., based in Watertown, MA, filed a Chapter 11
petition (Bankr. D. Mass. Case No. 18-11916) on May 23, 2018.  In
the petition signed by Pedro Alarcon, president, treasurer,
secretary and sole director, the Debtor estimated $500,000 to $1
million in assets and $1 million to $10 million in liabilities. The
Hon. Joan N. Feeney presides over the case.  Nina M. Parker, Esq.,
at Parker & Associates, serves as bankruptcy counsel.


LODESTONE OPERATING: Voluntary Chapter 11 Case Summary
------------------------------------------------------
Debtor: Lodestone Operating, Inc.
        1302 Waugh Drive, Suite 677
        Houston, TX 77019

Business Description: Lodestone Operating, Inc., is a privately
                      held company in Houston, Texas engaged in
                      oil and gas production.

Chapter 11 Petition Date: July 16, 2018

Case No.: 18-33932

Court: United States Bankruptcy Court
       Southern District of Texas (Houston)

Judge: Hon. Eduardo V. Rodriguez

Debtor's Counsel: Margaret Maxwell McClure, Esq.
                  LAW OFFICE OF MARGARET M. MCCLURE
                  909 Fannin, Suite 3810
                  Houston, TX 77010
                  Tel: 713-659-1333
                  Fax: 713-658-0334
                  E-mail: margaret@mmmcclurelaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by David M. Reavis, president.

The Debtor failed to incorporate in the petition a list of its 20
largest unsecured creditors.

A full-text copy of the petition is available for free at:

           http://bankrupt.com/misc/txsb18-33932.pdf


LUCKY DRAGON: Judge Enters Final Cash Collateral Order
------------------------------------------------------
The Hon. Laurel E. Babero of the U.S. Bankruptcy Court for the
District of Nevada authorized Lucky Dragon Hotel & Casino, LLC and
Lucky Dragon, LP, to use their cash, including any cash collateral,
as set forth in the Final Order and in the Budget.

The cash collateral may be used: (a) for the purposes identified in
the Budget; and (b) in respect of aggregate expenditures in the
Budget for each month, in an amount not to exceed 15% of the amount
specified for aggregate expenditures for such month. Any amount in
any expenditure line item not expended in any week may be added to
any expenditure line items in any subsequent months (on a
cumulative basis).

The Court finds that no party, including Snow Covered Capital, LLC,
has any interests in the cash of Lucky Dragon Hotel & Casino, LLC.

To the extent the Debtors use cash which comprises cash collateral
of Other Secured Parties, such Other Secured Parties will also be
granted Adequate Protection Liens to the extent of the net
diminution of such Other Secured Parties' interest in their
respective collateral resulting from the use of such cash
collateral with respect of such Other Secured Parties' valid, duly
perfected, non-avoidable liens on any assets or property of the
Debtors which, as of the Petition Date, were superior to all other
liens on such collateral.

The Debtors will provide the Committee, Snow Covered Capital, Other
Secured Parties, the U.S. Trustee, and counsel for the EB-5
investors that file Federal Rule of Bankruptcy Procedures 2019
notices with regular reporting, including budget to actual line
item reports for each month no later than one week after the
conclusion of each month covered by the budget.

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

            http://bankrupt.com/misc/nvb18-10792-516.pdf

                 About Lucky Dragon LP and Lucky
                      Dragon Hotel & Casino

Lucky Dragon, LP, owns the real estate and improvements of the
Lucky Dragon Hotel & Casino located at 300 West Sahara Avenue, Las
Vegas, Nevada, and employs 68 full-time and 30 part-time people.
Lucky Dragon Hotel & Casino, LLC, operates the Resort Hotel and
Casino.

The Lucky Dragon Hotel & Casino commenced its Chapter 11 case by
filing a voluntary petition (Bankr. D. Nev. Case No. 18-10792) on
Feb. 16, 2018.  The Lucky Dragon, LP, filed a voluntary petition
for relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Nev.
Case No. 18-10850) on Feb. 21, 2018.  The cases are jointly
administered under Lucky Dragon Hotel & Casino's Case No.
18-10792.

In the petition signed by Andrew S. Fonfa, managing member of
Eastern Investments, LLC, Lucky Dragon estimated assets of $100
million to $500 million and liabilities of $10 million to $50
million.

Judge Laurel E. Davis presides over the cases.

The Debtors employed Schwartz Flansburg PLLC as their legal lead
counsel; Mushkin Cica Coppedge as conflicts counsel; Innovation
Capital, LLC as financial advisor; and Prime Clerk, LLC, as their
claims and noticing agent.

The Official Committee of Unsecured Creditors retained Levene,
Neale, Bender, Yoo & Brill LLP as general bankruptcy counsel;
Armstrong Teasdale LLP as co-counsel; and Kolesar & Leatham, as
Nevada co-counsel.


M.F. ANWAR M.D.: Case Summary & 5 Unsecured Creditors
-----------------------------------------------------
Debtor: M.F. Anwar M.D. Inc.
        1500 Lafayette Avenue
        Moundsville, WV 26041

Business Description: M.F. Anwar M.D. Inc. operates the
                      Anwar Eye Center, a comprehensive eye care
                      and outpatient facility licensed by the
                      state of West Virginia and certified by the
                      Medicare program.  Anwar Eye Center has one
                      full-time cataract specialist and four part-
                      time optometrists.  

                      http://www.anwareyecenter.com/

Chapter 11 Petition Date: July 17, 2018

Court: United States Bankruptcy Court
       Northern District of West Virginia (Wheeling)

Case No.: 18-00676

Debtor's Counsel: Martin P. Sheehan, Esq.
                  SHEEHAN & NUGENT PLLC
                  41 15th Street
                  Wheeling, WV 26003
                  Tel: (304) 232-1064
                  Fax: 304-232-1066
                  E-mail: sheehanbankruptcy@wvdsl.net

Total Assets: $3,896,140

Total Liabilities: $1,069,771

The petition was signed by M.F. Anwar, owner.

A full-text copy of the petition containing, among other items, a
list of the Debtor's five unsecured creditors is available for free
at:

          http://bankrupt.com/misc/wvnb18-00676.pdf


MAGNOLIA OIL: Moody's Assigns B1 CFR & B3 Sr. Unsec. Notes Rating
-----------------------------------------------------------------
Moody's Investors Service assigned first time ratings to Magnolia
Oil & Gas Operating LLC (Magnolia), including a B1 Corporate Family
Rating (CFR), B1-PD Probability of Default Rating and SGL-1
Speculative Grade Liquidity Rating. Moody's also assigned a B3
rating to the company's new senior unsecured guaranteed notes. The
outlook is stable.

"Magnolia's first time B1 rating and stable outlook reflect
expected steady growth in production and earnings in 2018-2019 on
the back of investment and development of the recently purchased
Karnes acreage funded within the operating cash flows," said Elena
Nadtotchi, Moody's Vice President -- Senior Credit Officer.

Magnolia is the issuer of the new $400 million senior unsecured
notes and the borrower under a $1 billion senior secured borrowing
base facility with borrowing base set at $550 million in July 2018.
The B3 rating of the new notes reflects the effective subordination
of the notes to Magnolia's obligations under the senior secured
revolving bank facility and its significant size, in accordance
with Moody's Loss Given Default methodology.

Issuer: Magnolia Oil & Gas Operating LLC

Assignments:

  Gtd. Senior Unsecured Notes, Assigned B3 (LGD5)

  Corporate Family Rating, Assigned B1

  Probability of Default Rating, Assigned B1-PD

  Speculative Grade Liquidity Rating, Assigned SGL-1

RATINGS RATIONALE

Magnolia's credit profile is underpinned by its sizable, well
delineated and low risk position in the Eagle Ford Shale in Karnes
County. With 45.7 Mboed in oil weighted production and high
margins, backed by LLC-indexed price realizations and low costs,
Magnolia is projected to generate about $600 million in EBITDA in
2018, assuming average $55/bbl oil price, exceeding $210-230
million in planned drilling CAPEX, and to generate strong free cash
flow.

The company aims to grow production steadily and reinvest its
operating cash flows to develop the existing reserves base.
Magnolia's financial policy is conservative and the company aims to
maintain low leverage, which Moody's expects at 0.7x debt/EBITDA in
2018, on $55/bbl average oil price assumption.

Pending an increase in production scale, the B1 CFR is constrained
by the relatively modest size of the operations and the single
basin focus of the company.

Magnolia has good liquidity, reflected in its SGL-1 rating. The
liquidity position is supported by its $1 billion senior secured
reserve-based revolving credit facility that matures in 2023 and
has a $550 million borrowing base as of the end of July 2018.
Magnolia enjoys a high share of the developed reserves, that in
turn should provide an opportunity for future increases in the
borrowing capacity and should limit downside risk to the committed
capacity. The facility has financial covenants, including
debt/EBITDA and current ratio, and Moody's expects the company to
be in compliance with the covenants in 2018 and 2019.

Magnolia's good liquidity position is also supported by the
expectation that Magnolia will fund capital spending from cash flow
and generate significant positive free cash flow and will not rely
on external funding to support development of the resources.

The stable outlook reflects the expectation that Magnolia will
deliver steady profitable growth in production and will fund it
within its operating cash flow.

Larger scale and the size of Magnolia's operations will be required
to support an upgrade to the Ba3 CFR, with average daily production
approaching 100 Mboed. Magnolia will also need to extend its track
record of delivering strong profitability and returns, with a
leveraged full cycle ratio (LFCR) sustained at around 2x, and
maintain low leverage as it delivers growth in production.

Rising leverage, with debt/proved developed reserves above $10/boe
could lead to a downgrade of Magnolia's B1 CFR. Consistently weak
returns reflected in the LFCR trending to below 1x would also lead
to the downgrade of the B1 rating.

The principal methodology used in these ratings was Independent
Exploration and Production Industry published in May 2017.

Magnolia is the operating holding company, 50% owned and controlled
by publicly listed holding company Magnolia Oil and Gas Corp, with
a 50% passive stake in the operating company held by EnerVest.


MENSONIDES DAIRY: Taps Alegria & Company as Accountant
------------------------------------------------------
Mensonides Dairy LLC seeks approval from the U.S. Bankruptcy Court
for the Eastern District of Washington to hire Alegria & Company,
P.S., as its accountant.
  
The firm will prepare the Debtor's monthly financial statements and
tax returns; assist in budget and financial reporting; and provide
other accounting and tax services.

Alegria will be paid a flat fee of $4,500 a month for the
preparation of the monthly financial statements.  The hourly rates
for other services range from $180 to $350.

The firm neither holds nor represents any interest adverse to the
Debtor's estate, according to court filings.

Alegria can be reached through:

     Brian Newhouse
     Alegria & Company, P.S.
     718 6th Street
     Prosser, WA 99350
     Phone: 509-853-2109 / 509-786-2404
     Email: bnewhouse@alegriacpas.com

                    About Mensonides Dairy

Mensonides Dairy LLC operates a farm that produces milk and other
dairy products.  It was founded in 1993 and is based in Mabton,
Washington.

Mensonides Dairy sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Wash. Case No. 18-01681) on June 14,
2018.  In the petition signed by Art Mensonides, owner and member,
the Debtor estimated assets of $10 million to $50 million and
liabilities of $10 million to $50 million.  Judge Frank L. Kurtz
presides over the case.


MENSONIDES DAIRY: Taps Bodine Consulting Services as Consultant
---------------------------------------------------------------
Mensonides Dairy LLC seeks approval from the U.S. Bankruptcy Court
for the Eastern District of Washington to hire Bodine Consulting
Services, LLC, as consultant.

The firm will assist the Debtor in the preparation of reports; work
with its creditors; and provide other services related to its
Chapter 11 case.

The firm will be paid a flat fee of $2,500 per month.

Bodine neither holds nor represents any interest adverse to the
Debtor's estate, according to court filings.

The firm can be reached through:

     Marnie Bodine
     Bodine Consulting Services, LLC
     16505 N. Fairview Road
     Colbert, WA 99005

                     About Mensonides Dairy

Mensonides Dairy LLC operates a farm that produces milk and other
dairy products.  It was founded in 1993 and is based in Mabton,
Washington.

Mensonides Dairy sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Wash. Case No. 18-01681) on June 14,
2018.  In the petition signed by Art Mensonides, owner and member,
the Debtor estimated assets of $10 million to $50 million and
liabilities of $10 million to $50 million.  Judge Frank L. Kurtz
presides over the case.  The Debtor tapped Steven H. Sackmann, Esq.
at Sackmann Law, PLLC as counsel, and Toni Meacham, Esq. as
co-counsel.


MENSONIDES DAIRY: Taps Steven Sackmann as Bankruptcy Counsel
------------------------------------------------------------
Mensonides Dairy LLC seeks approval from the U.S. Bankruptcy Court
for the Eastern District of Washington to hire Steven Sackmann,
Esq., as its legal counsel.

As legal counsel, Mr. Sackmann will advise the Debtor regarding its
duties under the Bankruptcy Code and will provide other legal
services related to its Chapter 11 case.  He will charge an hourly
fee of $360 for his services.

Mr. Sackmann's representation of the Debtor does not constitute an
existing conflict with any of his current or former clients,
according to court filings.  

Mr. Sackmann maintains an office at:

     Steven H. Sackmann, Esq.
     Sackmann Law, PLLC
     P.O. Box 409
     Othello, WA 99344
     Tel: 509 488-5636
     Fax: 509 488-6126
     E-mail: steve@sackmannlaw.com

                     About Mensonides Dairy

Mensonides Dairy LLC operates a farm that produces milk and other
dairy products.  It was founded in 1993 and is based in Mabton,
Washington.

Mensonides Dairy sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Wash. Case No. 18-01681) on June 14,
2018.  In the petition signed by Art Mensonides, owner and member,
the Debtor estimated assets of $10 million to $50 million and
liabilities of $10 million to $50 million.  Judge Frank L. Kurtz
presides over the case.  The Debtor tapped Steven Sackmann, Esq.,
of Sackmann Law, PLLC, and Toni Meacham, Esq., as co-counsel.


MENSONIDES DAIRY: Taps Toni Meacham as Co-Counsel
-------------------------------------------------
Mensonides Dairy LLC seeks approval from the U.S. Bankruptcy Court
for the Eastern District of Washington to hire Toni Meacham, Esq.,
as its legal counsel.

Ms. Meacham will serve as co-counsel with Steven Sackmann, Esq.,
another attorney tapped by the Debtor in connection with its
Chapter 11 case.  She will charge an hourly fee of $250 for her
services.

Ms. Meacham's representation of the Debtor does not constitute an
existing conflict with any of her current or former clients,
according to court filings.  

The attorney maintains an office at:

     Toni Meacham, Esq.
     1420 Scooteney Road
     Connell, WA 99326
     Tel: 509-488-3289
     Email: tonipierson@rocketmail.com

                     About Mensonides Dairy

Mensonides Dairy LLC operates a farm that produces milk and other
dairy products.  It was founded in 1993 and is based in Mabton,
Washington.

Mensonides Dairy sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Wash. Case No. 18-01681) on June 14,
2018.  In the petition signed by Art Mensonides, owner and member,
the Debtor estimated assets of $10 million to $50 million and
liabilities of $10 million to $50 million.  Judge Frank L. Kurtz
presides over the case.  The Debtor tapped Steven Sackmann, Esq.,
of Sackmann Law, PLLC, and Toni Meacham, Esq., as co-counsel.


MICHAEL LEVITZ: Sale of Seattle Vacant Parcel for $600K Denied
--------------------------------------------------------------
Judge Christopher M. Alston of the U.S. Bankruptcy Court for the
Western District of Washington denied Michael D. Levitz's motion to
sell a vacant parcel located at 305 Erie Avenue, Seattle,
Washington, King County tax parcel number 982920-0390, to Dean I.
Yonev and Ralitsa G. Mandeva and/or assigns for $600,000.

A hearing on the Motion was held on June 1, 2018.

Michael Dean Levitz sought Chapter 11 protection (Bankr. W.D. Wash.
Case No. 16-15200) on Nov. 30, 2017.  WELLS AND JARVIS, P.S., led
by name partner Jeffrey B. Wells, Esq., serves as counsel to the
Debtor.


MOTORS LIQUIDATION: Summary Disposition in Favor of Voith Affirmed
------------------------------------------------------------------
Plaintiff Tammy Morway in the case captioned TAMMY MORWAY,
Plaintiff-Appellant, v. MOTORS LIQUIDATION COMPANY, Defendant, and
VOITH INDUSTRIAL SERVICES, Garnishee-Defendant-Appellee, No. 337963
(Mich. App.) appeals from an order of the circuit court granting
summary disposition in favor of garnishee-defendant Voith
Industrial Services on plaintiff's attempt to collect on a judgment
she had obtained against defendant Motors Liquidation Company under
an indemnification agreement between defendant and
garnishee-defendant. The Michigan Court of Appeals affirms.

The trial court granted Voith's motion for summary disposition
based on the argument that because defendant would not have to pay
any claim, it did not suffer a loss for which Voith was obligated
to indemnify defendant. Plaintiff argues on appeal that the trial
court erred in concluding that there could be no indemnification in
the absence of GM's actually paying the claim. While the Court
agrees with that narrow proposition, the Court nevertheless
concludes that the trial court properly granted summary disposition
in favor of Voith, albeit for a different reason.

In this case, the indemnification clause in the contract between
defendant and Voith provided for indemnification for both liability
and loss. The trial court, however, in its decision seems to focus
only on the question whether GM suffered a loss, overlooking the
issue of liability. And the issue of liability presents a rather
unique situation: plaintiff settled its claim against defendant and
agreed not to assert a claim against the bankruptcy estate, yet at
the same time the agreement allowed plaintiff to pursue a claim in
state court and plaintiff obtained a default judgment that
establishes liability. Moreover, the bankruptcy discharged any
liability. Thus, the trial court should have looked beyond just the
issue of whether defendant suffered a loss, but also to the more
complex question whether liability by defendant became fixed and,
therefore, triggered that aspect of the indemnification agreement.


This presents an interesting conundrum. But there is an alternative
ground raised by Voith, though not directly addressed by the trial
court, which presents a clearer approach. The indemnification
agreement specifically excludes indemnification for GM's sole
negligence. And plaintiff's complaint only alleged negligence by GM
and its agents, servants and employees. The complaint only alleges
that defendant, through its employees, was negligent. Plaintiff's
complaint further alleges that her injuries were the direct and
proximate result of defendant's negligence. It is only after the
default was obtained and plaintiff sought this garnishment that she
began to ascribe the possible negligence to others in addition to
GM. Specifically, she attributes some negligence to herself for not
paying close enough attention and possibly to Voith for not
supplying a supervisor to protect its employees. But, just as the
default judgment establishes liability by GM, it also fixes in
place plaintiff's allegations of negligence; specifically,
plaintiff's allegations that GM was solely negligent and the cause
of her injuries.

Because the Court concludes that the trial court should have
granted summary disposition on this basis, the Court affirms the
trial court. And because this issue resolves the matter, the Court
need not discuss Voith's remaining alternate grounds in support of
summary disposition.

A full-text copy of the Court's Memorandum Opinion dated June 21,
2018 is available at https://bit.ly/2JhyjNQ from Leagle.com.

RAMONA C. HOWARD -- rhoward@sommerspc.com -- for TAMMY MORWAY,
Plaintiff-Appellant.

GREGORY P. LAVOY -- glavoy@harveykruse.com -- for VOITH INDUSTRIAL
SERVICES, Garnishee-Defendant-Appellee.

               About Motors Liquidation

General Motors Corporation and three of its affiliates filed for
Chapter 11 protection (Bankr. S.D.N.Y. Lead Case No. 09-50026) on
June 1, 2009. The Honorable Robert E. Gerber presides over the
Chapter 11 cases. Harvey R. Miller, Esq., Stephen Karotkin, Esq.,
and Joseph H. Smolinsky, Esq., at Weil, Gotshal & Manges LLP,
assist the Debtors in their restructuring efforts. Al Koch at AP
Services, LLC, an affiliate of AlixPartners, LLP, serves as the
Chief Executive Officer for Motors Liquidation Company. GM is also
represented by Jenner & Block LLP and Honigman Miller Schwartz and
Cohn LLP as counsel. Cravath, Swaine, & Moore LLP is providing
legal advice to the GM Board of Directors. GM’s financial
advisors are Morgan Stanley, Evercore Partners and the Blackstone
Group LLP. Garden City Group is the claims and notice agent of the
Debtors.

The U.S. Trustee appointed an Official Committee of Unsecured
Creditors and a separate Official Committee of Unsecured Creditors
Holding Asbestos-Related Claims. Lawyers at Kramer Levin Naftalis &
Frankel LLP served as bankruptcy counsel to the Creditors
Committee. Attorneys at Butzel Long served as counsel on supplier
contract matters. FTI Consulting Inc. served as financial advisors
to the Creditors Committee. Elihu Inselbuch, Esq., at Caplin &
Drysdale, Chartered, represented the Asbestos Committee. Legal
Analysis Systems, Inc., served as asbestos valuation analyst.

The Bankruptcy Court entered an order confirming the Debtors’
Second Amended Joint Chapter 11 Plan on March 29, 2011. The Plan
was declared effect on March 31, 2011.

On Dec. 15, 2011, Motors Liquidation Company was dissolved. On the
Dissolution Date, pursuant to the Plan and the Motors Liquidation
Company GUC Trust Agreement, dated March 30, 2011, between the
parties thereto, the trust administrator and trustee — GUC Trust
Administrator — of the Motors Liquidation Company GUC Trust,
assumed responsibility for the affairs of and certain claims
against MLC and its debtor subsidiaries that were not concluded
prior to the Dissolution Date.


MOUNTAIN CRANE: Unsecureds May Get 63.5% Over 10 Years
------------------------------------------------------
Unsecured creditors of Mountain Crane Service, LLC may recover up
to 63.5% of their claims, according to the company's proposed plan
to exit Chapter 11 plan protection.

According to the reorganization plan, creditors holding Class 2
general unsecured claims may receive total repayment as high as
63.5% over a 10-year period, and will be paid pro rata from the $9
million distribution fund.  

Mountain Crane is required under the plan to fund a total of $9
million over 10 years.  Deposits will be made quarterly in the
amount of $225,000 over 40 quarters.

The funds will be paid first to the holders of allowed claims
having greater priority in distribution.  Specifically, the holders
of allowed Class 2 claims will not receive distributions until the
holders of claims with higher priority are paid or reserved in
full.

Class 2 is impaired.  Each general unsecured creditor is entitled
to vote to accept or reject the plan.

Mountain Crane estimates that the total amount of unsecured claims
that actually will be allowed and paid as Class 2 general unsecured
claims is in the range of $8,309,274 to $11,276,321.92.  
As of July 5, approximately $39.75 million in general unsecured
claims have been filed against the company.  However, these claims
include duplicate, disputed and contingent claims, and those that
are subject to setoff or other defenses.  

Confirmation of the plan will permit the company to remain in
business and to generate revenues expected to fund the $9 million
distribution fund.

Many of Mountain Crane's secured creditors have agreed to discount
their claims or have agreed to repayment terms that are more
favorable to the company than the terms specified in their
respective loan documents, which is anticipated to improve the
company's cash flows.

If the plan is not confirmed, some or all of the company's secured
creditors may have the right to foreclose upon and liquidate its
assets, likely leaving little or nothing for other editors,
according to its disclosure statement filed on July 5 with the U.S.
Bankruptcy Court for the District of Utah.

In a separate filing, Mountain Crane asked the court to approve the
disclosure statement and the procedures for the solicitation and
tabulation of votes on the plan, and schedule the hearing on
confirmation of the plan on October 4.

               About Mountain Crane Service

Mountain Crane Service, LLC -- https://www.mountaincrane.com/ --
specializes in refinery turnarounds and has a fleet comprised of
over 100 cranes, and hundreds of other pieces of equipment
dedicated to refineries in Utah, Montana, and Wyoming.  It is
located in Salt Lake City, Utah, with satellite offices and wind
maintenance service locations in Montana, Nevada, Washington,
Idaho, Wyoming, Iowa, Texas and Michigan.

Mountain Crane Service sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Utah Case No. 18-20225) on Jan. 12,
2018.  In the petition signed by Paul Belcher, managing member, the
Debtor estimated assets and liabilities of $50 million to $100
million.

Judge Joel T. Marker presides over the case.  

The Debtor hired Cohne Kinghorn, P.C., as its bankruptcy counsel;
and Rocky Mountain Advisory, LLC, as its accountant and financial
advisor.  It also hired Richards Brandt Miller Nelson PC, Brian C.
Webber PLLC, and GC Associates Law as special counsel.

The Debtor also hired Paul P. Burghardt and the law firm of GC
Associates Law as special bankruptcy counsel; Dan Anderson and
Sterling Appraisals & Machinery, Ltd as appraisers and valuation
consultants; and Calaway Capital Resources, Inc. as the Debtor's
consultant regarding (i) interest rates and terms for loans on
cranes and other heavy equipment; (ii) collateral lifespans for
such loans; and (iii) interest rates and repayment terms for "line
of credit" loans in the construction industry.   

The U.S. Trustee for Region 19 appointed an official committee of
unsecured creditors on Jan. 25, 2017.  The Committee retained
Archer & Greiner, P.C., as its legal counsel.


NACOGDOCHES COUNTY HOSP: S&P Cuts Rating on Tax Bonds to B-
-----------------------------------------------------------
S&P Global Ratings lowered its long-term rating nine notches to
'B-' from 'A-' on Nacogdoches County Hospital District, Texas'
sales tax revenue bonds. At the same time, S&P Global Ratings
removed the rating from CreditWatch with negative implications,
where it had been placed June 6, 2018. The outlook is negative.
This reflects S&P's view that the district's significant financial
uncertainty and consideration of filing for bankruptcy could lead
it to reconsider its willingness or capacity to meet certain
financial commitments.

Despite the legal structure that is intended to be favorable for
bondholders, there is growing uncertainty regarding impairment of
debt service payments on the rated bonds should the district file
for bankruptcy. The lack of municipal case law addressing the
priority status of tax-secured debt informs our opinion that
despite the strengths of this structure, S&P cannot rule out the
possibility that the district could interfere with payments to
bondholders.

"The downgrade reflects our view of Nacogdoches County Hospital
District's exceptionally weak operations, which have resulted in
its delayed vendor lease payments and vulnerable liquidity position
that contribute to concerns regarding its operating viability and
therefore potential for bankruptcy filing," said S&P Global Ratings
credit analyst Jennifer Garza. Officials communicated their
consideration of bankruptcy filing and selection of a bankruptcy
law firm in early June. While the sales tax revenue bonds have good
coverage and legal protections in place, the rating action reflects
the district's proximity to filing for bankruptcy, and our view
that such a move may signal its willingness or intent to delay or
impair payment of its debt. Should the district file for Chapter 9
bankruptcy, we believe that despite the legal protections afforded
to the sales tax revenue bonds, given the significant powers
reserved to debtors in municipal bankruptcy and the lack of
precedent, uncertainty remains regarding its willingness to
continue to pay bondholders as agreed. We also believe uncertainty
exists as to whether the pledged revenues may be subject to a stay.


"The negative outlook reflects the potential the district could
file for Chapter 9 bankruptcy within the next year and should that
occur, we believe the intended favorable legal protections in place
for payment of the bonds could be tested and the rating would no
longer be comparable with its current level. We could downgrade the
district potentially by several notches depending on the current
financial state, budgetary flexibility, and management's capacity
and willingness to meet debt service. Should operating margins
stabilize, we could revise the outlook back to stable."


NELSON INFRASTRUCTURE: Involuntary Chapter 11 Case Summary
----------------------------------------------------------
Alleged Debtor: Nelson Infrastructure Services LLC
                10741 Highway 52
                Ft. Lupton, CO 80621

Type of Business: Nelson Infrastructure Services operates in the
                  real estate industry.

Involuntary
Chapter 11
Petition Date:  July 13, 2018

Case No.: 18-11657

Court: United States Bankruptcy Court
       District of Delaware (Delaware)

Judge: Hon. Kevin Gross

Alleged creditor/s who signed the involuntary petition:

   Petitioner                                        Claim Amount
   ----------                                        ------------
Navigator Nelson Investors LLC                        $1,000,000
428 Springfield Avenue, 2nd Floor
Summit NJ 07901
William H. Stewart
(as manager of Navigator Nelson Investors LLC)
P.O. Box 159
Summit NJ, 07902-0159

Petitioner's Counsel: Ian Connor Bifferato, Esq.
                      THE BIFFERATO FIRM, P.A.
                      1007 N. Orange Street, 4th Floor
                      Wilmington, DE 19801
                      Tel: 302-429-0907
                      E-mail: cbifferato@tbf.legal

A full-text copy of the Involuntary Petition is available for free
at: http://bankrupt.com/misc/nysb18-11657.pdf


NEW CITY AUTO: Case Summary & 11 Unsecured Creditors
----------------------------------------------------
Debtor: New City Auto Group, LLC
           dba Prime Time Nissan
           dba Prime Time Nissan of Schererville
           fdba New City Auto Group, Inc
        1301 US Highway 41
        Schererville, IN 46375

Business Description: New City Auto Group, LLC, is a dealer of
                      automobiles based in Schererville, Indiana.

Chapter 11 Petition Date: July 16, 2018

Case No.: 18-21890

Court: United States Bankruptcy Court
       Northern District of Indiana (Hammond Division)

Judge: Hon. James R. Ahler

Debtor's Counsel: Gordon E. Gouveia II, Esq.
                  FOX ROTHCHILD LLP
                  321 North Clark Street, Suite 800
                  Chicago, IL 60654
                  Tel: 312-980-3816
                       312-541-0151
                  Fax: 312-276-1335
                  E-mail: ggouveia@foxrothschild.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Michael Helmstetter, CEO.

A full-text copy of the petition containing, among other items, a
list of the Debtor's 11 unsecured creditors is available for free
at:

                     http://bankrupt.com/misc/innb18-21890.pdf


NORTH CAROLINA FURNITURE: Texas Court Stays Appeals Case vs ECC
---------------------------------------------------------------
The Court of Appeals of Texas stayed the appeals case captioned
North Carolina Furniture Direct I, Ltd. d/b/a North Carolina
Furniture Direct; and North Carolina Furniture Direct Ltd., Co.,
Appellants, v. Edison Cement Corp. d/b/a Edison Furniture Co.,
Appellee, No. 03-17-00745-CV (Tex. App.) after appellant notified
the Court that it has filed for Chapter 11 bankruptcy protection.

Any party may file a motion to reinstate the appeal if permitted by
federal law or the bankruptcy court. It is the parties'
responsibility to notify the Court as soon as possible if an event
occurs that would allow reinstatement.

A copy of the Court's Memorandum Opinion dated June 19, 2018 is
available at https://bit.ly/2zwcF8X Leagle.com.

David C. Junkin, for Edison Cement Corp. d/b/a Edison Furniture
Co., Appellee.

Lisa Bowlin Hobbs -- Lisa@KuhnHobbs.com -- Lessie C. Gilstrap, Kurt
H. Kuhn -- Kurt@KuhnHobbs.com --  Daniel H. Byrne, for North
Carolina Furniture Direct I, Ltd. d/b/a North Carolina, Furniture
Direct, and North Carolina Furniture Direct Ltd., Co., Appellants.

               About North Carolina Furniture

North Carolina Furniture Direct I Ltd. owns a furniture store in
San Marcos, Texas, offering a vast selection of living, dining and
bedroom furniture, mattresses & decorative accents.

North Carolina Furniture sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Tex. Case No. 18-10595) on May 11,
2018. At the time of the filing, the Debtor estimated assets of $1
million to $10 million and liabilities of $1 million to $10
million.

Judge Tony M. Davis presides over the case.


PARKER BUILDING: Voluntary Chapter 11 Case Summary
--------------------------------------------------
Debtor: The Parker Building, LLC
        140 South Lindon Lane, Suite 101
        Tempe, AZ 85281

Business Description: The Parker Building, LLC listed its
                      business as Single Asset Real Estate
                      (as defined in 11 U.S.C. Section 101(51B)).

Chapter 11 Petition Date: July 16, 2018

Court: United States Bankruptcy Court
       District of Arizona (Phoenix)

Case No.: 18-08370

Debtor's Counsel: Edwin B. Stanley, Esq.
                  SIMBRO & STANLEY, PLC
                  8767 East Via De Commercio, Suite 103
                  Scottsdale, AZ 85258-3374
                  Tel: 480-607-0780
                  Fax: 480-907-2950
                  E-mail: bstanley@simbroandstanley.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Marc Parker, managing member.

The Debtor failed to incorporate in the petition a list of its 20
largest unsecured creditors.

A full-text copy of the petition is available for free at:

        http://bankrupt.com/misc/azb18-08370.pdf


PEPPERELL MILLS: Has Authorization to Use Cash Collateral
---------------------------------------------------------
The Hon. Joan N. Feeney of the U.S. Bankruptcy Court for the
District of Massachusetts authorized Pepperell Mills Limited
Partnership's use of cash collateral through and including the
continued hearing which will be held on June 29, 2018 at 11:00 a.m.


The Court directed counsel to the Debtor to file, by June 28, 2018
at 4:30 p.m., a statement as to the amount the Debtor has expended
from June 21, 2018.

A copy of the Order is available at

             http://bankrupt.com/misc/mab18-11804-38.pdf

                       About Pepperell Mills

Pepperell Mills Limited Partnership, based in Fall River,
Massachusetts, filed for Chapter 11 bankruptcy (Bankr. D. Mass.
Case No. 18-11804) on May 15, 2018.  The Debtor estimated $1
million to $10 million in assets and liabilities.  The petition was
signed by Christine Laudon, president of Pepperell Mills
Associates, general partner.  Judge Joan N. Feeney presides over
the case.  John M. McAuliffe, Esq., at John McAuliffe & Associates,
P.C., serves as counsel to the Debtor.


PETROLEUM TOWERS: Has Until July 31 to Exclusively File Plan
------------------------------------------------------------
The Hon. Ronald B. King of the U.S. Bankruptcy Court for the
Western District of Texas has extended, at the behest of Petroleum
Towers - Cotter, LLC, the exclusivity deadlines in this case for
periods of approximately 60 days, being until July 31, 2018, for
the filing of the Debtor's Chapter 11 plan and Sept. 30, 2018, for
obtaining acceptances of the Plan.

As reported by the Troubled Company Reporter on June 27, 2018, the
Debtor said it sought the extension, in part, for the purpose of
finalizing a purchase and sale agreement with the winning bidder,
seeking court approval of the sale, getting the sale through the
feasibility and due diligence phase of the contract, and closing
the sale.

                 About Petroleum Towers - Cotter

Petroleum Towers - Cotter, LLC, is the owner of the twin 8-story
Petroleum Towers located at 8626/8700 Tesoro Dr. San Antonio,
Texas.  The Towers --
http://www.cotteroffices.com/portfolio-type/petroleum-towers--
feature parking space, quick access to major arteries, close
proximity to hotels, restaurants, retailers and business services,
24/7 card-key building access, and an on-site management and
maintenance team.

Petroleum Towers - Cotter filed a Chapter 11 petition (Bankr. W.D.
Tex. Case No. 18-50197) on Feb. 1, 2018.  In the petition signed by
Marcus P. Rogers, Ind. Adm. of the Estate of James F. Cotter,
Dec'd, the Debtor estimated assets and liabilities at $10 million
to $50 million.

The case is assigned to Judge Ronald B. King.

The Office of H. Anthony Hervol is the Debtor's bankruptcy counsel.


PHILADELPHIA HAITIAN: Needs More Time to File Plan
--------------------------------------------------
Philadelphia Haitian Baptist Church of Orlando, Inc., asks the U.S.
Bankruptcy Court for the Middle District of Florida to extend
through and including Sept. 30, 2018, the exclusivity period during
which only the Debtor can file a plan of reorganization.

The Court entered an order authorizing the Debtor to operate
business on March 1, 2018.  The court order directed the Debtor to
file a Disclosure Statement and Plan within 120 days from the order
of relief and that any motion for an extension of time is required
to be filed within 120 days from the order of relief.

The 120-period from the date of filing ends on June 28, 2018.  The
Debtor requests an extension of time to Sept. 30, 2018, to file a
Disclosure Statement and Plan of Reorganization.


The Debtor has made progress in the case and has complied with all
court orders.  The Court currently has a trial scheduled on
Creditor, TMI Trust and OSK's motion to dismiss. It is in the
parties best interest to allow the additional time pending the
outcome of that hearing.

                About Philadelphia Haitian Baptist
                      Church of Orlando Inc.

Philadelphia Haitian Baptist Church of Orlando, Inc., is a
privately-held company in Orlando, Florida categorized under the
religious organizations industry.

Philadelphia Haitian Baptist Church of Orlando sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla. Case No.
18-01091) on Feb. 28, 2018.  It first sought bankruptcy protection
on (Bankr. Md. Fla. Case No. 14-06667) on June 6, 2014.

In its petition signed by Jean-Caroll Bernadin, pastor and
president, the Debtor disclosed $5.25 million in assets and $4
million in liabilities as of the bankruptcy filing on Feb. 28,
2018.  

Judge Cynthia C. Jackson presides over the case.  

The Debtor hired Lewis & Monroe, PLLC, as its legal counsel.

No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Philadelphia Haitian Baptist Church of
Orlando as of April 11, according to a court docket.



RAMLA USA: $189K Sale of Central Kitchen to Summer Rolls Approved
-----------------------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California
authorized Ramla USA, Inc.'s sale of the business located at 2300
Central Ave. Units A&B, Irwindale, California, which is a fully
equipped functional food factory with enhanced security and a
private office and includes the leasehold interest for the premises
("Central Kitchen"), including the assumption of the unexpired
non-residential real property lease between the Debtor and ET Legg
& Associates entered into on Sept. 18, 2012 for the premises and
the assignment of the Central Kitchen Lease, to Summer Rolls, LLC
for $188,888.

A hearing on the Motion was held on June 12, 2018 at 2:00 p.m.

The sale is on an "as is, where is" basis, without any
representations or warranties by the Debtor or Reorganized Debtor;
and free and clear of liens, interests, and encumbrances.

The overbid procedures proposed in the Central Kitchen Sale Motion
are approved, as well as the form and manner of notice provided by
the Debtor.

The unexpired non-residential real property lease between the
Debtor and ET Legg & Associates entered into on Sept. 18, 2012 for
Property is assumed by the Debtor and assigned to the Buyer.

The 14-day stay imposed by F.R.B.P. 6004(h) is waived.

                       About Ramla USA

Headquartered in Monrovia, California, Ramla USA Inc. is a small
organization in the restaurants industry located in Monrovia,
California.  It owns and operates traditional
Japanese/Izakaya-style restaurants.  Along with four restaurant and
food service locations currently in operation (located in Monrovia,
San Francisco, Palm Springs, and Los Angeles, California), it has
two non-operating locations in West Covina, California and Encino,
California that closed in early 2017 and mid-2016, respectively.
Each of the defunct locations still has liquor licenses associated
with them.

Ramla USA sought Chapter 11 protection (Bankr. C.D. Cal. Case No.
17-24318) Nov. 20, 2017.  In the petition signed by CEO Yuji Ueno,
the Debtor estimated assets of $1 million to $10 million and $10
million to $50 million in debt.  The Debtor tapped Robyn B. Sokol,
Esq., at Brutzkus Gubner Rozansky Seror Weber LLP, as counsel.


REBUILTCARS CORP: Authorized to Continue Using AFC Cash Collateral
------------------------------------------------------------------
The Hon. Timothy A. Barnes of the U.S. Bankruptcy Court for the
Northern District of Illinois has entered a thirteenth interim
order authorizing Rebuiltcars Corporation to use the cash
collateral in which Automobile Financing Corporation ("AFC")
asserts an interest.

The Court has been advised that the Debtor and AFC have agreed to
interim terms resolving AFC's objection to the Debtor's use of cash
collateral.

The Debtor may use cash collateral solely for its postpetition
necessary and reasonable operating expenses. The approved cash
collateral budget provides total monthly expenses of $35,501.

As adequate protection, the Debtor will provide AFC with adequate
protection as follows:

     (i) The Debtor may sell AFC Secured Vehicle for an amount
sufficient to pay AFC the full amount owing on that vehicle as of
the date of sale as indicated in the records of AFC ("Payoff
Amount"). Absent written permission from AFC, the Debtor may not
sell such vehicle for less than the Payoff Amount, and the Debtor
may not dispose of any AFC Secured Vehicle through trade;  

    (ii) Upon the sale of an AFC Secured Vehicle, the Payoff Amount
will be deposited into a separate deposit account maintained at a
financial institution on the debtor-in-possession institutions
approved by the U.S. Trustee. No funds in the AFC Escrow Account
may be used by the Debtor for any purpose until further Order of
the Court;

   (iii) Upon the sale of an AFC Secured Vehicle, the Debtor will
provide written documentation to AFC that, in AFC's discretion,
verifies the final sale of such vehicle, and after such
verification AFC will provide the Debtor with the title to the
vehicles, otherwise, AFC will retain all vehicle titles;

    (iv) Other than for routine maintenance and test-drives during
normal business hours, the Debtor will not allow any AFC Secured
Vehicle to leave its premises until receipt of title from AFC;

     (v) AFC will be granted replacement liens in all property and
assets of any kind and nature in which the Debtor has an interest,
whether real or personal, including proceeds, products, rents and
profits thereof, with the same priority, validity and extent as
AFC's prepetition liens;

    (vi) The Debtor will provide AFC with a written report
regarding: (a) each AFC Secured Vehicle sold or otherwise disposed
of during the previous week, including the date of such sale, an
identification and the sale price of such vehicle, (b) each AFC
Secured Vehicle still owned by the Debtor as well as the location
and condition of such vehicle, and (c) the balance in the AFC
Escrow Account, including a listing of all deposits and
withdrawals;

   (vii) The Debtor will, at all times, keep the AFC Secured
Vehicles insured under the same terms and conditions as set forth
in the respective AFC Note. AFC may inspect its collateral and all
documents related thereto, including the premises of the Debtor.
The Debtor will maintain all documents related to AFC's collateral,
including all sale documents, at its principal place of business;

  (viii) The Debtor will remain current in the payment of all
post-petition tax liabilities, including but not limited to
accruing ad valorem property taxes, sales and use taxes, payroll
taxes, and income taxes; and

    (ix) The Debtor will tender the sum of $202.07 to AFC each
month until further order of the Court, which payment may be
provisionally applied to Debtor's obligations by AFC in its
discretion.

A full-text copy of the 13th Interim Order is available at:

             http://bankrupt.com/misc/ilnb17-11811-113.pdf

                     About Rebuiltcars Corp

Rebuiltcars Corporation filed a Chapter 11 petition (Bankr. N.D.
Ill. Case No. 17-11811) on April 14, 2017.  In the petition signed
by Mindaugas Kazakevicius, president, the Debtor estimated $50,000
to $100,000 in assets and $500,000 to $1 million in liabilities.
Judge Timothy A. Barnes is the case judge.  The Debtor is
represented by Paul M. Bach, Esq., at the Bach Law Offices.


REBUILTCARS CORP: Thirteenth Interim Cash Collateral Order Entered
------------------------------------------------------------------
The Hon. Timothy A. Barnes of the U.S. Bankruptcy Court for the
Northern District of Illinois has entered a thirteenth interim
order authorizing Rebuiltcars Corporation to use the cash
collateral of 1st Global Capital, Capital Merchant Services, First
Home Bank and Swift Capital on an interim basis.

1st Global Capital, Capital Merchant Services, First Home Bank and
Swift Capital are each granted with replacement liens in the
Debtor's Business Assets, including but not limited to vehicle,
vehicle parts and inventory, certificates of title and all
purchases, products, additions, accessions and replacements of
those assets, as well as the proceeds received by the Debtor in
those assets.  Such replacement liens will have the same validity,
perfection and enforceability as the respective prepetition liens
held by 1st Global Capital, Capital Merchant Services, First Home
Bank and Swift Capital.

The Debtor will maintain adequate property insurance on the
Debtor's Business Assets including but not limited to vehicle,
vehicle parts and inventory, certificates of title and all
purchases, products, additions, accessions and replacements of
those assets.

The Debtor is also required to make monthly adequate protection
payments as follows:

       (a) 1st Global Capital:           $189.60
       (b) Capital Merchant Services:    $137.02
       (c) First Home Bank:            $1,705.31
       (d) Swift Capital:                $264.81

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

             http://bankrupt.com/misc/ilnb17-11811-112.pdf

                     About Rebuiltcars Corp

Rebuiltcars Corporation filed a Chapter 11 petition (Bankr. N.D.
Ill. Case No. 17-11811) on April 14, 2017.  The petition was signed
by Mindaugas Kazakevicius, president.  The Debtor estimated $50,000
to $100,000 in assets and $500,000 to $1 million in liabilities.
The case is assigned to Judge Timothy A. Barnes.  The Debtor is
represented by Paul M. Bach, Esq., at the Bach Law Offices.


RENT-A-WRECK: Appeals Case Not Amenable to Mediation, Ct. Says
--------------------------------------------------------------
Magistrate Judge Mary Pat Thynge recommends that the case captioned
RENT-A-WRECK, INC., et al., Appellants, v. RENT-A-WRECK OF AMERICA,
INC., et al., Appellees, C.A. No. 18-801-RGA (D. Del.) be withdrawn
from the mandatory referral for mediation and proceed through the
appellate process of the Court.

As a result of a screening process, the issues involved in this
case are not amenable to mediation and mediation at this stage
would not be a productive exercise, a worthwhile use of judicial
resources nor warrant the expense of the process. All of the
parties involved in this appeal firmly expressed that mediation
would be unproductive.

A copy of the Court's Recommendation dated June 20, 2018 is
available at https://bit.ly/2uqHy9b from Leagle.com.

Rent-A-Wreck, Inc. & David Schwartz, Appellants, represented by
Scott Thomas Earle, Cohen Seglias Pallas Greenhall & Furman PC,
Charles E. Remus, II, Gordon & Simmons, LLC, pro hac vice, Jacob I.
Weddle, Gordon & Simmons, LLC, pro hac vice & Roger C. Simmons --
Officemail@GordonSimmons.com -- Gordon & Simmons, LLC, pro hac
vice.

Rent-A-Wreck of America, Inc., Appellee, represented by Mark
Minuti, Saul Ewing Arnstein & Lehr LLP, Aaron S. Applebaum, Saul
Ewing LLP & Christopher Combest, Quarles and Brady LLP, pro hac
vice.

Bundy American, LLC, Appellee, represented by Mark Minuti, Saul
Ewing Arnstein & Lehr LLP & Aaron S. Applebaum, Saul Ewing LLP.

             About Rent-A-Wreck of America

Rent-A-Wreck of America, Inc. -- http://www.rentawreck.com/-- is a
car rental company headquartered in Laurel, Maryland. Founded in
1968 and franchising since 1973, the Company offers for rent
economy cars, full-size luxury sedans, pickup trucks, box trucks,
mini-vans, cargo vans, 15-passenger vans, SUVs, and station wagons.
It has locations across the United States and internationally in
Norway, Sweden and Denmark.

Rent-A-Wreck of America, Inc. and affiliate Bundy American, LLC,
filed for Chapter 11 bankruptcy protection on July 24, 2017 (Bankr.
D. Del. Case No. 17-11592 and 17-11593), each estimating assets and
liabilities at between $1 million and $10 million. The petitions
were signed by James William Cash, the Debtors' president.

Quarles & Brady LLP is the Debtors' counsel. Aaron S. Applebaum,
Esq., at Saul Ewing LLP, serves as the Debtors' co-counsel.

No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Rent-A-Wreck.


RESIDENTIAL CAPITAL: Lolina Porter Bid to File Late Claim Nixed
---------------------------------------------------------------
Lolina Porter filed pro se a Motion for Leave to File Proof of
Claim Out of Time and Motion to Allow Claimant to Continue to
Litigate Debtor in the District Court for Nondischargeability
Determination. The ResCap Borrower Claims Trust filed an opposition
to the Motion. The Late Claim Motion seeks authority to file a late
claim nearly six years after the Petition Date, and more than five
years after the Bar Date. Bankruptcy Judge Martin Glen finds that
Porter has failed to establish cause to be permitted to file a late
claim and continue litigation in the District Court Action.
Accordingly, the Late Claim Motion is denied.

Porter's allegations are insufficient to rebut the presumption that
she received notice of the Bar Date, and are inconsistent with the
evidence the Trust presented to the Court. First, Porter's denial
of receipt, without more, is legally insufficient to overcome the
presumption of receipt. Second, the sworn affidavits provided by
the Trust indicate that the Bar Date Order and the Procedures Order
were served by mail at Porter's address. Therefore, the Court must
presume that Porter received the Bar Date Order and the Procedures
Order notifying Porter of the deadline to file a proof of claim.

When creditors fail to file claims before a bar date despite
receiving notice, "Bankruptcy Rule 9006(b)(1) gives the court the
discretion to enlarge the time to file claims 'where the failure to
act was the result of excusable neglect.'" "The Supreme Court has
interpreted 'excusable neglect' to be a flexible standard--one that
can include 'inadvertence, mistake, or carelessness, as well as by
intervening circumstances beyond the party's control.'" "However,
'the determination is at bottom an equitable one' that must take
'account of all relevant circumstances surrounding the party's
omission.'" The Pioneer Court established four factors to assist
bankruptcy courts in evaluating excusable neglect: (1) the danger
of prejudice to the debtor; (2) the length of the delay and its
potential impact on judicial proceedings; (3) the reason for the
delay, including whether it was within the late claimant's
reasonable control; and (4) whether the late claimant acted in good
faith.

The Court finds that Porter failed to meet pioneer factors to file
a late proof of claim.

First, the Court finds that the Debtors would likely be prejudiced
if the Court were to allow this proof of claim to be filed late. In
these Chapter 11 Cases, the amount of borrower claims is great and
the claims management process has proven burdensome. The claims
process would have no end if motions seeking similar relief as that
sought by Porter were granted by the Court.

Second, Porter did not request relief from this Court until
December 2017, more than five years after she received notice of
the deadline to file a proof of claim. Other courts have rejected
late claims with shorter delays.

Third, Porter fails to show that the reason for the delay was
beyond her control. Porter asserts that the delay was due to a
kidnapping of her daughter, and coping with life after the
kidnapping, but according to Porter, this occurred in 2010 -- at
least two years before the Petition Date and the Bar Date. The
Court is sympathetic and sensitive to Porter's circumstances, but
Porter did not seek relief from this Court until December 2017,
five years after the Bar Date and six years after the Petition
Date. This Pioneer factor, therefore, weighs against Porter.

As for the final prong, there is no allegation or indication that
Porter acted in bad faith in waiting to file a claim with this
Court. Taken together, however, three of the four Pioneer factors
weigh against allowing Porter to file a late claim, and thus the
Court rejects Porter's request. Porter has been litigating against
GMACM since 2010; she could have filed a proof of claim to preserve
her rights as they relate to the District Court Action or
otherwise, but she did not.

The bankruptcy case is in re: RESIDENTIAL CAPITAL, LLC, et al.,
Chapter 11, Debtors, Case No. 12-12020 (MG), Jointly Administered
(Bankr. S.D.N.Y.).

A full-text copy of the Court's Memorandum Opinion and Order dated
June 22, 2018 is available at https://bit.ly/2L5Q3Ax from
Leagle.com.

Residential Capital, LLC, Debtor, represented by Jessica G. Berman
-- jberman@primeclerk.com -- Prime Clerk, Donald H. Cram --
dhc@severson.comSeverson & Werson, PC, Stefan W. Engelhardt,
Morrison & Foerster LLP, George M. Geeslin, Bonnie R. Golub, Weir &
Partners, LLP, Todd M. Goren -- tgoren@mofo.com -- Morrison &
Foerster LLP, Joel C. Haims -- jchaims@mofo.com -- Morrison &
Foerster LLP, Gary S. Lee -- glee@mofo.com -- Morrison & Foerster
LLP, Lorenzo Marinuzzi -- lmarinuzzi@mofo.com -- Morrison &
Foerster LLP, Larren M. Nashelsky -- lnashelsky@mofo.com --
Morrison & Foerster LLP, Anthony Princi, Morrison & Foerster,
Steven J. Reisman, Katten Muchin Rosenman LLP, Norman Scott
Rosenbaum -- nrosenbaum@mofo.com  -- Morrison & Foerster LLP,Kayvan
B. Sadeghi, Morrison & Foerster LLP & John W. Smith , Bradley Arant
Boult Cummings LLp.

United States Trustee, U.S. Trustee, represented by Andrew D.
Velez-Rivera, Office of the U.S. Trustee.

Official Committee Of Unsecured Creditors, Creditor Committee,
represented by Kenneth H. Eckstein -- keckstein@kramerlevin.com --
Kramer Levin Naftalis & Frankel LLP, Robert J. Feinstein  --
rfeinstein@pszjlaw.com --Pachulski Stang Ziehl & Jones LLP, Ronald
J. Friedman, SilvermanAcampora LLP, Douglas Mannal, Kramer Levin
Naftalis & Frankel LLP, Robert D. Nosek, Certilman Balin Adler &
Hyman, LLP & Steven S. Sparling, Kramer Levin Naftalis & Frankel,
LLP.

Official Committee of Unsecured Creditors of Residential Capital,
LLC, et al., Creditor Committee, represented by Robert J.
Feinstein, Pachulski Stang Ziehl & Jones LLP & Stephen Zide ,
Kramer Levin Naftalis and Frankel, LLP.

Pachulski Stang Ziehl & Jones LLP, Co-Counsel for the Official
Committee of Unsecured Creditors & Pachulski Stang Ziehl & Jones
LLP, Co-Counsel for the Official Committee of Unsecured Creditors,
Creditor Committees, represented by Robert J. Feinstein, Pachulski
Stang Ziehl & Jones LLP.

               About Residential Capital

Residential Capital LLC, the unprofitable mortgage subsidiary of
Ally Financial Inc., filed for bankruptcy protection (Bankr.
S.D.N.Y. Lead Case No. 12-12020) on May 14, 2012. Neither Ally
Financial nor Ally Bank is included in the bankruptcy filings.

ResCap, one of the country's largest mortgage originators and
servicers, was sent to Chapter 11 with 50 subsidiaries amid
"continuing industry challenges, rising litigation costs and
claims, and regulatory uncertainty," according to a company
statement.

ResCap disclosed $15.7 billion in assets and $15.3 billion in
liabilities at March 31, 2012.

Centerview Partners LLC and FTI Consulting are acting as financial
advisers to ResCap. Morrison & Foerster LLP is acting as legal
adviser to ResCap. Curtis, Mallet-Prevost, Colt & Mosle LLP is the
conflicts counsel. Rubenstein Associates, Inc., is the public
relations consultants to the Company in the Chapter 11 case.
Morrison Cohen LLP is advising ResCap's independent directors.
Kurtzman Carson Consultants LLP is the claims and notice agent.

Ray C. Schrock, Esq., at Kirkland & Ellis LLP, in New York, serves
as counsel to Ally Financial.

ResCap sold most of the businesses for a combined $4.5 billion.

The Bankruptcy Court in November 2012 approved ResCap's sale of its
mortgage servicing and origination platform assets to Ocwen Loan
Servicing, LLC, and Walter Investment Management Corporation for $3
billion; and its portfolio of roughly 50,000 whole loans to
Berkshire Hathaway for $1.5 billion.

Judge Martin Glenn in December 2013 confirmed the Joint Chapter 11
Plan co-proposed by Residential Capital and the Official Committee
of Unsecured Creditors.

                 * * *

The ResCap Liquidating Trust was established in December 2013 under
the Second Amended Joint Chapter 11 Plan of Residential Capital,
LLC, et al., to liquidate and distribute assets of the debtors in
the ResCap bankruptcy case. The Trust maintains a website at
http://www.rescapliquidatingtrust.com/- which Unitholders are
urged to consult, where Unitholders may obtain information
concerning the Trust, including current developments.


REVOLUTION ALUMINUM: Trustee's 4th Amended Plan Confirmed
---------------------------------------------------------
Bankruptcy Judge John W. Kolwe entered an order confirming the
fourth amended plan of reorganization for Revolution Aluminum
Propco, LLC proposed by the chapter 11 Trustee.

The Court finds that the modified plan complies with the applicable
provisions of the Bankruptcy Code, thereby satisfying 11 U.S.C.
section 1129(a)(1).

The claims or equity interests placed in each class are
substantially similar to other claims or equity interests, as the
case may be, in such class. Valid business, factual, and legal
reasons exist for separately classifying the various classes of
claims and equity interests created under the Plan, and such
classes do not unfairly discriminate among holders of claims or
equity interests. Thus, the Plan satisfies 11 U.S.C. sections 1122
and 1123(a)(1).

Based upon the evidence presented, testimony adduced, and the
record of the Chapter 11 Case, the Court believes the Plan provides
adequate and proper means for implementation of the Plan, thereby
satisfying 11 U.S.C. section 1123(a)(5).

The Trustee has proposed the Plan in good faith and not by any
means forbidden by law, thereby satisfying 11 U.S.C. sections
1129(a)(3). In determining that the Plan was proposed in good
faith, the Court has examined the totality of the circumstances
surrounding the filing of the Chapter 11 Case and the arms-length
negotiations related to the formulation of the Plan. The Plan was
proposed with the legitimate and honest purpose of liquidating the
Debtor's assets in an orderly manner. The Plan was formulated
through negotiations involving, among others, the Trustee, secured
creditors, the Official Committee of Unsecured Creditors and the
Office of the United States Trustee. The Plan reflects the results
of these good faith negotiations and is reflective of the interests
of all of the estate's constituencies.

The Modified Plan also satisfies 11 U.S.C. section 1129(a)(7) as
each holder of a claim or equity interest in an impaired class
either has accepted the Modified Plan or will receive or retain
under the Modified Plan, on account of such claim or equity
interests, property of a value, as of the effective date of the
Modified Plan, that is not less than the amount that it would
receive if the Debtor was liquidated under chapter 7 of the
Bankruptcy Code. The Court finds and concludes that the liquidation
value under chapter 7 of the Bankruptcy Code would result in no
distributions to or recovery on behalf of any holder of an
unsecured claim.

The Plan satisfies 11 U.S.C. sesction 1129(a)(11) because it
contemplates liquidation of the estate. Importantly, the
liquidating trust will be seeded with sufficient funds for the
Chapter 11Trustee, as the initial liquidating trustee of the
liquidating trust, to begin liquidating the estate's remaining
assets.

The bankruptcy case is in re: REVOLUTION ALUMINUM PROPCO, LLC,
Chapter 11, Debtor, Case No. 16-81024 (Bankr. W.D. La.).

A full-text copy of the Court's Findings dated June 21, 2018 is
available at https://bit.ly/2NbpO9d from Leagle.com.

Revolution Aluminum Propco, LLC, Debtor, represented by John M.
Landis -- jlandis@stonepigman.com -- Noel Steffes Melancon --
nsteffes@steffeslaw.com -- The Steffes Firm, LLC, Michael H. Piper
-- mpiper@steffeslaw.com -- The Steffes Firm, LLC & William E.
Steffes -- bsteffes@steffeslaw.com -- The Steffes Firm, LLC.

Ryan & Associates, Inc., Engineered Products, Inc. & Tina J.
Hertzel, Petitioning Creditors, represented by Bradley L. Drell --
bdreel@goldweems.com.

Lucy G. Sikes, Trustee, represented by Brandon A. Brown --
bbrown@stewartrobbins.com -- Stewart Robbins & Brown, LLC, Ryan
James Richmond -- rrichmond@stewartrobbins.com -- Stewart Robbins
Brown, LLC & Paul Douglas Stewart, Jr. --
pstewart@stewartrobbins.com -- Stewart, Robbins & Brown, LLC.

Office of U. S. Trustee, U.S. Trustee, represented by Richard Drew,
U.S. Trustee.

Office Committee of Unsecured Creditors, Creditor Committee,
represented byBradley L. Drell & B. Gene Taylor, III .

                  About Revolution Aluminum

Revolution Aluminum Propco, LLC, is a Louisiana company established
in 2015. It owns a real property comprised of approximately 1,400
acres in Pineville, Louisiana. The property, which is the Company's
sole asset, is an industrial park and the former site of a paper
mill.

Revolution Aluminum Propco is 100% owned by its parent company,
Revolution Aluminum LLC, and is managed by Roger Boggs. Ryan &
Associates, Inc., Engineered Products, Inc., and Tina J. Hertzel
filed an involuntary Chapter 11 case (Bankr. W.D. La., Case No.
16-81024) against Revolution Aluminum Propco on Sept. 15, 2016. The
Court entered an order officially placing the Debtor in bankruptcy
on Feb. 1, 2017.

The petitioning creditors are represented by Bradley L. Drell,
Esq., at Gold, Weems, Bruser, Sues & Rundell.

Steffes, Vingiello & McKenzie, LLC, serves as the Debtor's
bankruptcy counsel. The Debtor hired Beau Box Real Estate as real
estate broker and manager.

On March 16, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors. The Committee retained
Gold Weems Bruser Sues & Rundell, APLC, as counsel.

The Court directed the appointment of a chapter 11 trustee on Sept.
25, 2017.  Lucy G. Sikes was appointed Chapter 11 trustee for the
Debtor. The appointment of the Trustee relieved the Debtor of its
status as debtor-in-possession. The Trustee retained STEWART
ROBBINS & BROWN, LLC, as counsel.


ROCKDALE HOSPITALITY: Plan Outline Okayed, Plan Hearing on Aug. 21
------------------------------------------------------------------
Rockdale Hospitality, LLC is now a step closer to emerging from
Chapter 11 protection after a bankruptcy judge approved the outline
of its plan of reorganization.

Judge Ronald King of the U.S. Bankruptcy Court for the Western
District of Texas on July 6 gave the thumbs-up to the disclosure
statement, allowing Rockdale to start soliciting votes from
creditors.  

The order set an August 10 deadline for creditors to file their
objections and submit ballots of acceptance or rejection of the
plan.

A court hearing to consider confirmation of the plan is scheduled
for August 21, at 2:00 p.m.

Under the latest plan, each holder of an allowed Class 9 general
unsecured claim will be paid its pro-rata share of $1,000 a month
over 60 months, beginning on the 20th of the month following the
effective date and continuing on the 20th day of each month
thereafter until paid in full.  The plan will pay approximately 7%
of the claims.  

Rockdale is authorized to accumulate up to $15,000 of cash reserves
per 12-month period but any amount in excess of that will be paid
to unsecured creditors.

General unsecured creditors assert $848,931.35 in claims.  Class 9
is impaired and general unsecured creditors are entitled to vote,
according to the company's second amended disclosure statement
filed on July 5.

                    About Rockdale Hospitality

Rockdale Hospitality, LLC, a small business debtor as defined in 11
U.S.C. Section 101(51D), is in the traveler accommodation
business.

Rockdale Hospitality, doing business as Days Inn, filed a Chapter
11 petition (Bankr. W.D. Tex. Case No. 18-60100) on Feb. 13, 2018.
In the petition signed by Kamlesh Patel, manager, the Debtor
estimated assets and liabilities at $1 million to $10 million.  The
case is assigned to Judge Ronald B. King.  Joyce W. Lindauer
Attorney, PLLC, is the Debtor's counsel.  The Debtor tapped Aaron
Hungerford as accountant.


SHREEDEVI AA: Taps Eric A. Liepins as Legal Counsel
---------------------------------------------------
Shreedevi AA Corporation seeks approval from the U.S. Bankruptcy
Court for the Northern District of Texas to hire Eric A. Liepins,
P.C., as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code and will provide other legal services related to
its Chapter 11 case.

Eric Liepins, Esq., will charge $275 per hour.  The hourly fees for
paralegals and legal assistants range from $30 to $50.

The firm received a retainer of $5,000, plus the filing fee.

Mr. Liepins disclosed in a court filing that his firm does not
represent any interest adverse to the Debtor's estate.

The firm can be reached through:

     Eric A. Liepins, Esq.
     Eric A. Liepins, P.C.
     12770 Coit Road, Suite 1100
     Dallas, TX 75251
     Phone: (972) 991-5591
     Fax: (972) 991-5788
     E-mail: eric@ealpc.com

                  About Shreedevi AA Corporation

Shreedevi AA Corporation sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Texas Case No. 18-70202) on July 2,
2018.  At the time of the filing, the Debtor estimated assets of
less than $500,000 and liabilities of less than $500,000.  Judge
Harlin Dewayne Hale presides over the case.


SIGEL'S BEVERAGES: Court Confirms Chapter 11 Liquidation Plan
-------------------------------------------------------------
Judge Barbara J. Houser of the U.S. Bankruptcy Court for the
Northern District of Texas confirmed Sigel's Beverages, L.P.'s plan
of liquidation.

Upon careful consideration and review, the Court finds that the
Plan complies with the applicable provisions of the Bankruptcy Code
and the Bankruptcy Rules, thereby satisfying 11 U.S.C. section
1129(a)(1).

In addition to Administrative Claims and Priority Tax Claims, which
need not be classified, the Plan designates four Classes of
Impaired Claims or Equity Interests. The Claims placed in each
Class are substantially similar to other Claims in each such Class,
and such classification is therefore consistent with Bankruptcy
Code section 1122. Valid business, factual, and legal reasons exist
for separately classifying the various Classes of Claims created
under the Plan, and such Classes and the Plan's treatment thereof
do not unfairly discriminate between Holders of Claims. The Plan
satisfies Bankruptcy Code sections 1122 and 1123(a)(1).

Article VI of the Plan provides adequate and proper means for
implementing the Plan. Other articles of the Plan provide means for
implementation of the Plan as well.

Further, the Plan provides a number of provisions related to the
settlement, timing and payment of claims, as well as continuing
jurisdiction and certain injunctions and exculpations. All other
Plan provisions are acceptable and are not inconsistent with the
applicable provisions of the Bankruptcy Code. Thus, the Plan
complies with Bankruptcy Code section 1123(b)(6).

The Debtor has also proposed the Plan in good faith and not by any
means forbidden by law, thereby satisfying Bankruptcy Code section
1129(a)(3). The Court has examined the totality of the
circumstances surrounding the formulation of the Plan. Based upon
the evidence presented at the Confirmation Hearing, the Court finds
and concludes that the Plan has been proposed with the legitimate
and honest purpose of effectively liquidating the Debtor and
maximizing the recovery to creditors in accordance with the
priorities set forth in the Bankruptcy Code.

In addition, the Plan satisfies the feasibility requirement of
section 1129(a)(11) of the Bankruptcy Code. Specifically, the Plan
is not likely to be followed by liquidation or need for further
reorganization. The Court analyzed the factors traditionally used
by bankruptcy courts in this Circuit --(i) the debtor's capital
structure, (ii) the earning power of the business, (iii) economic
conditions, (iv) the ability of debtor's management, (v) the
probability of continuation of management, and (vi) any other
related matters--and found that the factors support a finding that
the Plan is feasible.

The bankruptcy case is in re: SIGEL'S BEVERAGES, L.P. Chapter 11,
Debtor, Case No. 16-34118-11 (Bankr. N.D. Tex.)

A full-text copy of the Court's Findings dated June 21, 2018 is
available at https://bit.ly/2NEl9hn from Leagle.com.

Sigels Beverages, L.P., Debtor, represented by Melanie Pearce
Goolsby, Pronske Goolsby & Kathman, P.C., Jason Patrick Kathman --
jkathman@pgkpc.com -- Pronske Goolsby & Kathman, P.C. & Gerrit M.
Pronske -- gpronske@pgkpc.com  -- Pronske Goolsby & Kathman, P.C.

United States Trustee, U.S. Trustee, represented by Meredyth
Kippes, United States Trustee.

                About Sigel's Beverage

Sigel's Beverage, L.P., is a 111-year-old distributor and
wholesaler of fine wines and spirits. It is one of the largest
local distributors of alcohol in the Dallas Fort Worth Metroplex.
In addition to its wholesale division, it also operates 10 retail
store locations in the Metroplex.

Sigel’s Beverage, L.P., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Tex. Case No. 16-34118) on Oct. 20,
2016. Anthony J. Bandiera, chief executive officer of Milan General
Investments, Inc., general partner of the Debtor, signed the
petition. Judge Barbara J. Houser presides over the Debtor's case.
The Debtor estimated $10 million to $50 million in assets and
liabilities as of the bankruptcy filing.

Pronske, Goolsby & Kathman, P.C., serves as counsel to the Debtor,
with the engagement, led Gerrit M. Pronske, Esq., and Jason P.
Kathman, Esq. Bridgepoint Consulting, LLC, is the Debtor's
financial and restructuring advisor. Candy & Schonwald, PLLC,
serves as tax service provider.


SOLYMAN YASHOUAFAR: H. Abselet Entitled to $486K in Damages
-----------------------------------------------------------
On May 8, 2018, Plaintiff Howard L. Abselet in the case captioned
HOWARD L. ABSELET, an individual and derivatively on behalf of
ROOSEVELT LOFTS, INC., Plaintiff, v. LEVENE NEALE BENDER YOO &
BRILL, LLP, et al., Defendants. And ROOSEVELT LOFTS, INC., a
California corporation, Nominal defendant, Case No.
2:16-CV-6263-JFW (JEMx) (C.D. Cal.) filed a Motion for Partial
Summary Judgment on his Seventh Claim for Relief for Intentional
Interference with Contract against defendants Hudson Labor
Solutions, Inc., Raymond Yashouafar and Rodney Yashouafar (the
"Hudson Defendants"). Upon deliberation, District Judge John F.
Walter granted the Plaintiff's motion.

The Plaintiff contends that the undisputed facts show that the
Hudson Defendants interfered with Solyman Yashouafar and Massoud
Aaron Yashouafar (the "Judgment Debtors") and Levene Neale's
performance of the Settlement Agreement among the Judgment Debtors
and their entity, Alliance Lending Group, Inc., and Plaintiff and
the Irrevocable Instructions by using Hudson as an "shell" company
to secretly receive a March 20, 2012 $300,000 distribution from the
class action reserve (CAR) knowing that Hudson was not entitled to
any disbursement. Plaintiff claims that the Hudson Defendants then
funneled that money and much more to the Judgment Debtors and their
respective spouses after the effective date, Feb. 10, 2012, of the
Settlement Agreement. As a result, Plaintiff claims damages as a
result of the Hudson Defendants' interference, including
pre-judgment interest calculated through the date of the hearing on
this Motion, totally $486,325.37.

The elements of a claim for interference with contract are: (1) a
valid contract between Plaintiff and a third party (in this case,
the contract is between Judgment Debtors, the Plaintiff and Levene
Neale); (2) defendant's knowledge of the contract; (3) defendant's
intentional acts designed to induce a breach or disruption of the
contract; (4) actual breach of the contract; and (5) damages.

The Hudson Defendants argue that they had no notice of the
Settlement Agreement or the Irrevocable Instructions and, even if
they did, they did not interfere with that contract and Raymond and
Rodney never actually receive a distribution from the CAR.

However, the Court concludes that the Plaintiff need not prove that
the Hudson Defendants received any money to prevail on his Seventh
Claim against those defendants. Instead, Plaintiff only needs to
prove that the Hudson Defendants interfered with the Settlement
Agreement and Irrevocable Instructions and that Plaintiff did not
receive the money to which he was entitled as a result of that
interference. Whether the Hudson Defendants received any money as a
result of the improper distribution is irrelevant.

The Plaintiff alleges and has submitted uncontroverted evidence
demonstrating that Raymond and Rodney and the Judgment Debtors
created Hudson as part of a scheme to conceal the fact that the
distribution from the CAR paid to Hudson was, in fact, received by
the Judgment Debtors in violation of the Settlement Agreement and
the Irrevocable Instructions.

It is undisputed that the Judgment Debtors pledged the CAR funds as
collateral for the Settlement Agreement, and that those funds were
supposed to be available to pay the Plaintiff pursuant to the
Irrevocable Instructions and this pledge was well known to the
Hudson Defendants and the Judgment Debtors. It is also cannot be
seriously disputed that Hudson had no right to any payment from the
CAR or from RLI, and the Hudson Defendants and the Judgment Debtors
were fully aware that any CAR payment to the Hudson Defendants that
was subsequently transferred to the Judgment Debtors was done in
furtherance of the Judgment Debtors' efforts to fraudulently avoid
their obligations under the Settlement Agreement. The Court notes
that Raymond produced what he claimed to be the only document in
existence evidencing the March 2012 distribution -- a bank
statement showing receipt of the distribution to Hudson from the
CAR -- and produced no invoices for services allegedly rendered or
any other documents at all to justify the distribution. Although
there is no evidence that Hudson was entitled to a payment from the
CAR, on March 30, 2012, the Hudson Defendants did not hesitate to
accept a payment of $300,000 from the CAR and thereafter
transferred that money to the Judgment Debtors and their respective
spouses.

The Plaintiff's damages consist of the $300,000 wrongful
distribution from the CAR made by Levene Neale to the Hudson
Defendants, plus prejudgment interest at the applicable rate of 10%
per annum. Accordingly, the total amount of Plaintiff's damages
calculated through June 4, 2018 is $486,325.37.

For all the foregoing reasons, the Court grants Plaintiff's Motion
for Partial Summary Judgment.

A full-text copy of the Court's Decision dated June 18, 2018 is
available at https://bit.ly/2zufWWq from Leagle.com.

Howard L Abselet, an individual and derivatively on behalf of
ROOSEVELT LOFTS, INC., Plaintiff, represented by Andrew F. Kim, Law
Office of Andrew F. Kim & Henry Stuart David, The David Firm.

Yoel & Monia Nemen Family Trust, Movant, represented by Larry G.
Ball -- lball@hallestill.com -- Hall Estill Hardwick Gable Godlen
and Nelson PC, pro hac vice, Jennifer Caroline Shakouri , Allen
Matkins Leck Gamble Mallory and Natsis LLP & Marissa M. Dennis ,
Allen Matkins Leck Gamble Mallory and Natsis LLP.

H Joseph Nourmand, an individual, Doris Moradzadeh, an individual &
Desert Field LLC, a California limited liability company,
Defendants, represented by Maurice Wainer , Snipper Wainer and
Markoff.

Leon Neman, individually and as trustee of JOHN & DEVORA NEMAN
FAMILY TRUST, Leon & Firoozeh Neman Family Trust, Yoel Neman,
individually and as trustee of YOEL and MONIA NEMAN FAMILY TRUST,
Joshua Paradise Holdings, LLC, a California limited liability
company, FNC-OKC II, LLC, an Oklahoma limited liability company,
FNC-OKC I, LLC, an Oklahoma limited liability company, John Neman &
John & Devora Neman Family Trust, Defendants, represented by Larry
G. Ball , Hall Estill Hardwick Gable Godlen and Nelson PC, pro hac
vice, Jennifer Caroline Shakouri , Allen Matkins Leck Gamble
Mallory and Natsis LLP & Marissa M. Dennis , Allen Matkins Leck
Gamble Mallory and Natsis LLP.

Hudson Labor Solutions, Inc., a California corporation, Rodney
Yashouafar, an individual & Raymond Yashouafar, an individual,
Defendants, represented by Ghazal Amy Vahdat , Vahdat and Aboudi
APC, Kevin Matthew Davis , Vahdat and Aboudi APC & Marc Smith --
msmith@kranesmith.com  --Krane and Smith.

               About The Yashouafars

Solyman Yashouafar and Massoud Aaron Yashouafar sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. C. D. Calif. Case
Nos. 16-12255 and 16-12408) on August 3, 2016. The petitions were
filed pro se. Bankr. C. D. Calif. Case No. 16-12255 is jointly
administered with Bankr. C. D. Calif. Case No. 16-12408.
The Office of the U.S. Trustee on November 2 appointed three
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 cases of Solyman Yashouafar and Massoud Aaron
Yashouafar. The committee members are: (1) DMARC 2007-CD5 Garden
Street LLC; (2) Van Nuys Plywood, LLC; and (3) Mehrdad Taghdiri.


STAND-UP MULTI-POSITIONAL: Voluntary Chapter 11 Case Summary
------------------------------------------------------------
Affiliated companies that have filed voluntary petitions seeking
relief under Chapter 11 of the Bankruptcy Code:

    Debtor                                         Case No.
    ------                                         --------
    Stand-Up Multi-Positional Advantage MRI, P.A.  18-32239
    604 N Lilac Dr
    Golden Valley, MN 55422

    Stand Up Mid-America MRI, P.A.                 18-42286
    604 N Lilac Dr
    Golden Valley, MN 55422

Business Description: SUMA MRI -- https://www.sumamri.com --
                      specializes in open MRI where patients can
                      be standing, leaning, bending and even
                      laying down; not to mention several other
                      positions as well.  SUMA MRI is an
                      accredited facility by the American College
                      of Radiology.

Chapter 11 Petition Date: July 16, 2018

Court: United States Bankruptcy Court
       District of Minnesota
  
Judges: Hon. Katherine A. Constantine (18-32239)
        Hon. Kathleen H. Sanberg (18-42286)

Debtors' Counsel: John D. Lamey, III, Esq.
                  LAMEY LAW FIRM, P.A.
                  980 Inwood Ave N
                  Oakdale, MN 55128
                  Tel: 651-209-3550
                  E-mail: bankrupt@lameylaw.com
                          jlamey@lameylaw.com

Assets and Liabilities:

                                  Estimated              Estimated
                                    Assets             
Liabilities
                                ------------           
-----------
Stand Up Mid-America            $0 to $50,000            $0 to
$50,000
Stand-Up Multi-Positional  $1 mil. to $10 million  $100,000 to
$500,000           
        
The petitions were signed by Wayne Dahl, president.

The Debtors failed to incorporate in the petitions lists of their
20 largest unsecured creditors.

Full-text copies of the petitions are available for free at:

            http://bankrupt.com/misc/mnb18-32239.pdf
            http://bankrupt.com/misc/mnb18-42286.pdf


SUNSET PARTNERS: Allowed to Use Cash Collateral Until October 2
---------------------------------------------------------------
The Hon. Joan N. Feeney of the U.S. Bankruptcy Court for the
District of Massachusetts authorized Lynne Riley, the duly
appointed Chapter 11 trustee of Sunset Partners, Inc. and Chapter 7
trustee of Bema Restaurant Corporation to use cash collateral
through and including Oct. 2, 2018, on the same terms and
conditions as previously ordered.

A continued hearing will be held on Sept. 18, 2018 at 11:00 a.m.
The Debtor is directed to file a further budget by Sept. 12 for any
further period of a request to use cash collateral.  Any objections
to the Debtor's further use of cash collateral will be filed by
Sept. 14.

A full-text copy of the Order is available at

           http://bankrupt.com/misc/mab17-12178-259.pdf

                     About Sunset Partners

Sunset Partners, Inc., is a Massachusetts corporation that owns and
operates two Boston area restaurants: the Sunset Grill & Tap
located at 130 Brighton Avenue, Allston, MA; and, the Sunset
Cantina located at 916 Commonwealth Avenue, Brookline, MA.
Affiliate Bema Restaurant Corporation, d/b/a Patron's, is a
Massachusetts corporation that owns and operates a Boston area
restaurant called Patrons, which is located at 138 Brighton Avenue,
Allston, Massachusetts.

Sunset Partners filed for Chapter 11 bankruptcy protection (Bankr.
D. Mass. Case No. 17-12178) on June 7, 2017, disclosing $1.05
million in total assets and $5.67 million in total liabilities.  

Bema Restaurant Corporation filed a Chapter 11 petition (Bankr. D.
Mass. Case No. 17-12434) on June 29, 2017, disclosing $1.12 million
in assets and $4.45 million in liabilities.  Marc Berkowitz,
president, signed the petitions.  

The cases are jointly administered and assigned to Judge Joan N.
Feeney.

David B. Madoff, Esq., and Steffani Pelton Nicholson, Esq., at
Madoff & Khoury LLP, served as bankruptcy counsel to the Debtors.
Verdolino & Lowey, P.C., served as the Debtors' accountant.

On Sept. 25, 2017, Lynee F. Riley was appointed as the Chapter 11
trustee to the Debtors.  The Trustee retained Casner & Edwards LLP
as counsel.


TATONKA ACQUISITIONS: Allowed to Use Rents From Wolf Creek Property
-------------------------------------------------------------------
The Hon. Maureen A. Tighe of the U.S. Bankruptcy Court for the
Central District of California granted Tatonka Acquisitions, Inc.,
authorization to use cash collateral with respect rent collected
from occupants of Tatonka's property located at 3331 Wolf Creek
Court in Simi Valley 93065, until there is a confirmed plan or
further order of the Court.

A copy of the Order is available at

             http://bankrupt.com/misc/cacb17-12958-75.pdf

                   About Tatonka Acquisitions

Tatonka Acquisitions, Inc., is a corporation based in California
engaged in real estate activities.  It is a small business debtor
as defined in 11 U.S.C. Section 101(51D) whose principal assets are
located at 3331 Wolf Creek Court Simi Valley, California.

Tatonka Acquisitions, Inc., based in Woodland Hills, California,
filed a Chapter 11 petition (Bankr. C.D. Cal. Case No. 17-12958) on
Nov. 6, 2017.  In the petition signed by Michael B. Carmona, its
secretary, the Debtor estimated $1 million to $10 million in both
assets and liabilities.  The Hon. Maureen Tighe presides over the
case.  Dana M. Douglas, Esq., at Dana M. Douglas, Attorney at Law,
serves as bankruptcy counsel.


TATONKA ACQUISITIONS: Authorized to Use Rents of Alamo Property
---------------------------------------------------------------
The Hon. Maureen A. Tighe of the U.S. Bankruptcy Court for the
Central District of California authorized Tatonka Acquisitions,
Inc.'s use of cash collateral with respect rent collected from
occupants of Tatonka's property located at 4565 Alamo St., Unit I,
in Simi Valley, until there is a confirmed plan or further order of
the Court.

A copy of the Order is available at

           http://bankrupt.com/misc/cacb17-12958-74.pdf

                  About Tatonka Acquisitions

Tatonka Acquisitions, Inc., is a corporation based in California
engaged in real estate activities.  It is a small business debtor
as defined in 11 U.S.C. Section 101(51D) whose principal assets are
located at 3331 Wolf Creek Court Simi Valley, California.

Tatonka Acquisitions, Inc., based in Woodland Hills, California,
filed a Chapter 11 petition (Bankr. C.D. Cal. Case No. 17-12958) on
Nov. 6, 2017.  In the petition signed by Michael B. Carmona, its
secretary, the Debtor estimated $1 million to $10 million in both
assets and liabilities.  The Hon. Maureen Tighe presides over the
case.  Dana M. Douglas, Esq., at Dana M. Douglas, Attorney at Law,
serves as bankruptcy counsel.


TREATMENT CENTER: Taps National Auction Company as Auctioneer
-------------------------------------------------------------
The Treatment Center of the Palm Beaches, LLC, seeks approval from
the U.S. Bankruptcy Court for the Southern District of Florida to
hire an auctioneer.

The Debtor proposes to employ National Auction Company to conduct
an auction of its assets, which consist of computer equipment and
peripherals.

Compensation of NAC will be based on 10% buyer's premium.

George Richards, president of NAC, disclosed in a court filing that
he and his firm do not have any connection with the Debtor.

NAC can be reached through:

     George Richards
     National Auction Company
     1325 S. Congress Avenue, Suite 202
     Boynton Beach, FL 33426
     Phone: +1 561-364-7004

                  About The Treatment Center of
                      The Palm Beaches LLC

The Treatment Center of the Palm Beaches, LLC, located in West Palm
Beach, Florida -- https://www.thetreatmentcenter.com/ -- is an
addiction treatment center whose mission is to transform the lives
of every individual and family member that walks through its doors.
Since 2009, the Treatment Center has offered custom treatment
programs for drugs, alcohol, trauma, mental health, and other
addictions.

The Treatment Center of the Palm Beaches filed a Chapter 11
petition (Bankr. S.D. Fla. Case No. 18-14622) on April 19, 2018.
In the petition signed by Judi Gargiulo, manager, the Debtor
disclosed $11.07 million in total assets and $6.12 million in total
liabilities.  The case is assigned to Judge Erik P. Kimball.
Robert C. Furr, Esq., at Furr & Cohen, is the Debtor's counsel.


VERSO PAPER: Moody's Hikes CFR to B1, Outlook Stable
----------------------------------------------------
Moody's Investors Service upgraded Verso Paper Holding LLC's
corporate family rating to B1 from B2, probability of default
rating to B1-PD from B2-PD, senior secured term loan to B2 from B3
and speculative grade liquidity rating to SGL-1 from SGL-3. Verso
rating outlook is stable.

"The upgrade reflects improvement in Verso's financial and
operational performance and our view that leverage (adjusted Debt
to EBITDA) will significantly improve over the next 12 to 18
months, through a combination of stronger earnings fueled by higher
coated paper prices and substantial debt repayment", said Ed
Sustar, Senior Vice President with Moody's.

Upgrades:

Issuer: Verso Paper Holding LLC

Probability of Default Rating, Upgraded to B1-PD from B2-PD

Speculative Grade Liquidity Rating, Upgraded to SGL-1 from SGL-3

Corporate Family Rating, Upgraded to B1 from B2

Senior Secured Bank Credit Facility, Upgraded to B2 (LGD4) from B3
(LGD4)

Outlook Actions:

Issuer: Verso Paper Holding LLC

Outlook, Remains Stable

RATINGS RATIONALE

Verso's B1 corporate family rating benefits from the company's
strong liquidity and expectations that the company will be able to
maintain good credit protection metrics despite the continuing
secular decline in the demand for coated paper. The rating also
reflects the company's good vertical integration and strong market
position as the largest coated freesheet producer in North America.
Moody's expects the company's leverage to decline towards 2x (from
5x March 2018) over the next 12-18 months, as earnings increase
from the flow through of improved coated paper prices and debt
reduction through voluntary and required debt payments. Credit
challenges include the company's concentration in the declining
coated paper business (over 70% or revenues), low operating
margins, and the execution risks in the transformation to other
grades of paper.

Verso's SGL-1 liquidity rating reflects the company's strong
liquidity position with $343 million of sources available to cover
$18 million of required debt payments. The company's sources of
liquidity include $7 million of cash (March 2018), loan
availability of $186 million and Moody's projected cash generation
of about $150 million (including tariff refunds and required
pension funding) over the next four quarters. At March 2018, Verso
had $186 million of availability on a $375 million asset-based
revolving credit facility (unrated) that matures in July 2021 (net
of borrowing base restrictions, $118 million drawings and $40
million letter of credit). Covenant headroom is good, and Moody's
does not expect any breaches in the near term. Most of the
company's assets are encumbered.

The $100 million (outstanding) secured term loan is rated B2, one
notch below the CFR, given its position behind the priority debt
($375 million ABL plus priority trade payables) and the lack of
balance sheet debt that ranks behind the term loan that could
provide loss absorption in the event of a default.

The stable outlook reflects expectations that leverage metrics will
improve over the next 12 to 18 months as EBITDA improves from
stronger coated paper prices and debt declines from voluntary debt
prepayments, term loan amortization and required pension
contributions. Higher paper prices may negatively affect demand as
publishers increase their move to digital alternatives, reduce
pagination and/or the periodicity of their publications. The rating
outlook reflects its expectation of the commitment of the sector to
reduce coated paper supply in pace with ongoing demand declines.

The company's B1 corporate family rating might be upgraded if:

  Greater clarity on the company's transformation plans to address
the declining coated paper business

  Adjusted debt/EBITDA is sustained below 4x (5x LTM as of March
2018) based on its forward view of financial performance

  (RCF-capex)/adjusted debt is sustained above 10% (6% LTM as of
March 2018) based on its forward view of financial performance

  EBITDA margin approaching 10% (6% LTM as of March 2018) based on
its forward opinion of sustained metrics

A downgrade could occur if:

  Significant deterioration in operating performance and liquidity
position

  Adjusted debt/EBITDA exceeds 5x (5x LTM as of March 2018) based
on its forward opinion of sustained metrics

  (RCF-Capex)/adjusted debt approaches 4% (6% LTM as of March 2018)
based on its forward opinion of sustained metrics

The principal methodology used in these ratings was Paper and
Forest Products Industry published in March 2018.

Headquartered in Miamisburg, OH, Verso is the largest North
American coated paper producer with about 45% of the coated
freesheet market. The company emerged from Chapter 11 in July 2016.


VESTA ENERGY: S&P Assigns 'B-' Corp. Credit Rating, Outlook Stable
------------------------------------------------------------------
S&P Global Ratings said it assigned its 'B-' long-term corporate
credit rating to Calgary, Alta.-based Vesta Energy Corp. The
outlook is stable.

At the same time, S&P Global Ratings assigned its 'B-' issue-level
rating and '4' recovery rating to the company's proposed senior
unsecured notes due 2023. The '4' recovery rating indicates our
expectation of average (30%-50%; rounded estimate 35%) recovery in
our hypothetical default scenario.

S&P said, "The ratings reflect our view that Vesta has a relatively
small daily production and proved reserves base, low proved
developed ratio, short execution track record, and high geographic
concentration, all of which could result in higher volatility of
cash flow and leverage metrics. Our assessment of the company's
financial risk is capped by its financial sponsor ownership, which
includes JOG Capital Corp. and Riverstone Holdings LLC. Partially
offsetting these weaknesses are Vesta's light oil focused product
mix, good cost profile, and above-average profitability compared
with that of its North American peers.

Vesta is an oil and natural gas company in the exploration,
development, and production of light oil and natural gas reserves
in the East Shale Basin Duvernay formation area. Since 2014, the
company has acquired a significant portfolio of land, reaching
about 305,000 contiguous acres by the end of 2017. The East Shale
Basin Duvernay has one of the highest light oil-weighted resources
density across the Duvernay basin and is a thick over-pressure
reservoir with high total organic content, favorable mineralogy,
and low water saturation. Consequently, the area has strong capital
efficiencies, with drilling costs per well trending below C$6
million due to the area's shallower vertical depths of less than
2,600 meters and reduced propane loading requirement compared with
that of the West Shale Basin.

S&P said, "The stable outlook reflects our view that Vesta will
maintain access to the liquidity needed to fund its capital
spending program, and that the company will achieve its targeted
production growth in 2018 and 2019 while maintaining its
competitive cost structure.

"We could take a negative rating action if Vesta's liquidity
deteriorates during the next 12 months, leaving the company unable
to fund at least its maintenance spending beyond 2018. This could
follow a decrease in realized prices, production profile, or cash
flow generation; or if the company cannot continuously increase and
extend its revolving credit facility. Furthermore, unanticipated
operational issues, including shortfalls in production levels or a
deterioration in the cost structure could also result in a negative
rating action.

"We could take a positive rating action if Vesta materially
increases its average daily production, proved reserves, and PD
ratio to levels more comparable with those of higher rated peers.
Currently, E&P companies rated 'B' have PD ratios above 25%,
average daily production of 20,000 boe/d and proved reserves above
100 million boe."


WESTMINSTER LIVESTOCK: Use of ACNB Bank Cash Collateral Enjoined
----------------------------------------------------------------
The Hon. David E. Rice of the U.S. Bankruptcy Court for the
District of Maryland has entered a consent order enjoining
Westminster Livestock Auction & Auction Services, LLC from using
the cash collateral of ACNB Bank, successor by merger to New
Windsor State Bank.

The Debtor is directed to segregate and account for any cash
collateral in its possession, which has come into their possession
since the Petition Date, or which henceforth comes into its
possession.

               About Westminster Livestock Auction &
                       Auction Services

Westminster Livestock Auction & Auction Services, LLC, owns a
livestock auction house in Westminster, Maryland.  The Company is
the fee simple owner of a real property located at 1117 Old New
Windsor Pike, Westminster, MD 21158 valued by the Company at $1.50
million.

Westminster Livestock Auction & Auction Services filed a Chapter 11
petition (Bankr. D. Md. Case No. 18-15687) on April 27, 2018.  The
petition was signed by Earl Lee Gouker, managing member.  Judge
David E. Rice is the case judge.  The Debtor is represented by
Haven N. Shoemaker, Jr., Esq., at Haven N. Shoemaker, Jr., P.A.  At
the time of filing, the Debtor disclosed $1.66 million in total
assets and $801,857 total debt.


WILLIAM PARKER: Bankr. Ct. to Address Prepetition Default Interest
------------------------------------------------------------------
A hearing was conducted on March 13, 2018 in Raleigh, North
Carolina on the application for attorney's fees filed by Georgia
Capital, LLC. The sole issue is whether matters raised by an
objection filed on behalf of the bankruptcy estate remain subject
to decision by the bankruptcy court or have been precluded by an
order issued in this case on Sept. 17, 2015 by the U.S. District
Court for the Eastern District of North Carolina.

Upon review, Bankruptcy Judge Stephani W. Humrickhouse holds that
it is incumbent upon the court to determine whether there are
circumstances under which North Carolina would not allow default
interest that would result in disallowance of the claim under
section 502.

The District Court Order remanded this matter to this court "for
further proceedings consistent with this opinion," without further
instructions. Had the District Court Order simply "reversed" this
court, it might have suggested that the matter was over. The fact
that it remanded "for further proceedings" suggests that there is
something more for this court to do.

In summary, the district court (1) concluded that this court did
not apply the correct standard, (2) did not fully explain the
correct standard, and (3) did not undertake the analysis under the
correct standard itself. Indeed, nothing more was required by the
district court, because the only basis upon which this court
decided the issue -- and the only ruling that was appealed -- was
whether the default interest operated as a penalty and thus should
be disallowed under section 502. Thus, the law of the case is
limited to this: purely equitable principles cannot be the basis
for denying a claim for prepetition default interest. As a result,
this court determines that because the review and decision on
appeal was narrower than the issues now before the court, and
because the district court remanded rather than simply reversed the
matter, it is incumbent upon this court to determine whether there
are circumstances under which North Carolina would not allow
default interest that would result in disallowance of the claim
under section 502.

Thus, the court will consider further argument on the issue of
prepetition default interest as the matter remanded from the
district court. The parties conceded that the testimonial and
documentary evidence is already before the court. For clarity of
the court's docket, filings with respect to the prepetition default
interest issue will be made separately from filings related to the
Fee Application and Fee Objection.

The bankruptcy case is in re: WILLIAM DOUGLAS PARKER, JR., DIANA
LYNNE PARKER, Chapter 11, Case No. 12-03128-8-SWH (Bankr.
E.D.N.C.).

A full-text copy of the Court's Order dated June 22, 2018 is
available at https://bit.ly/2KQpGiR from Leagle.com.

William Douglas Parker, Jr., Debtor, represented by Blake P.
Barnard, Janvier Law Firm, PLLC, William F. Braziel, III, Janvier
Law Firm, PLLC, Charles M. Ivey, III , Ivey, McClellan, Gatton &
Siegmund, LLP, William P. Janvier, Janvier Law Firm, PLLC, Samantha
Y. Moore, Janvier Law Firm, PLLC & Justine S. O'Connor-Petts,
Janvier Law Firm.

Diana Lynne Parker, Joint Debtor, represented by Blake P. Barnard,
Janvier Law Firm, PLLC, William F. Braziel, III, Janvier Law Firm,
PLLC, Charles M. Ivey, III, Ivey, McClellan, Gatton & Siegmund,
LLP, William P. Janvier, Janvier Law Firm, PLLC, Samantha Y. Moore,
Janvier Law Firm, PLLC & Justine S. O'Connor-Petts, Janvier Law
Firm.


WILLOW BEND: LDR Must Prove Out of State Tax Was Illegally Assessed
-------------------------------------------------------------------
Willow Bend Ventures, L.L.C. filed Objections to Proofs of Claim 4
and 5 filed by the Louisiana Department of Revenue. Cross Motions
for Partial Summary Judgment filed by Debtor and LDR came before
the Court on May 29, 2018. The parties seek partial summary
judgment on five disputed legal issues: 1) The standard of
construction for La.R.S. 47:301(10)(g); 2) The burden of proving
application of  La. R.S. 47:301(10)(g); 3) The inclusion of freight
charges in the sales price under La. R.S. 47:301(13)(a); 4) The
burden of proving an illegal tax; and 5) Liability for uncollected
sales taxes.

After consideration of the arguments presented, Bankruptcy Judge
Elizabeth W. Magner concludes that La.R.S.47:301(10(g) excludes
from the definition of retail sales certain transactions with the
United States government. As an exclusion, it is liberally
construed in favor of the taxpayer.

When a type of transaction is removed from the definition of
transactions subject to tax, the effect is to exclude. In this
case, sales to the Corps or its agents are not considered retail
sales. As a result, they are not included in the category of
transactions subject to tax. Although LDR argues that they are
exempted rather than excluded, to be exempt from tax would require
that the transaction first be subject to tax. The Legislature did
not elect this option. Therefore, the Court holds that La. R.S.
47:301(10)(g) is an exclusion to be liberally construed in favor of
Debtor.

LDR also bears the burden of establishing any transaction is
subject to taxation. If a taxpayer maintains records sufficient to
make a showing that the transactions audited by LDR are excluded
under La. R.S. 47:301(10)(g), in most cases, extrinsic evidence to
establish the exclusion will not be necessary. The burden will fall
on LDR to prove why the transactions do not meet the parameters of
the exclusion by a preponderance of evidence. However, if the
taxpayer's records are insufficient to support the exclusion on
their face, the presumption that the transactions are subject to
tax arises, and the taxpayer bears the burden of rebutting the
presumption. As a consequence, the burden will shift to Debtor to
prove that the transactions are not retail sales. Once Debtor
introduces evidence sufficient to rebut LDR's presumption, it will
be incumbent upon LDR to establish by preponderance of evidence
that the exclusions do not apply.

Finally, separately stated freight charges are not included in the
sales price subject to sales or use tax. The burden is on LDR to
establish that an out of state tax was illegally assessed.

The bankruptcy case is in re: WILLOW BEND VENTURES, L.L.C., Chapter
11, Debtor, Case No. 17-11178, SECTION A (Bankr. E.D. La.).

A full-text copy of the Court's Memorandum Opinion dated June 19,
2018 is available at https://bit.ly/2L28INS from Leagle.com.

Willow Bend Ventures, LLC, Debtor, represented by Cheryl Mollere
Kornick -- cmkornick@liskow.com -- c/o Liskow & Lewis & Phillip K.
Wallace -- pkwallace@aol.com.

Office of the U.S. Trustee, U.S. Trustee, represented by Amanda
Burnette George, Office of the U.S. Trustee.

               About Willow Bend Ventures

Edgard, Louisiana-based Willow Bend Ventures, LLC, sought Chapter
11 protection (Bankr. E.D. La. Case No. 17-11178) on May 9, 2017.
The Debtor hired Phillip K. Wallace, PLC, as its bankruptcy counsel
and Fletcher & Associates, LLC as its accountant. The Debtor tapped
Robert S. Angelico, Cheryl Mollere Kornick, Jeff Birdsong, and the
Professional Law Corporation of Liskow & Lewis, as special counsel.


WOODBRIDGE GROUP: Anti-Assignment Clause Legally Valid, Court Rules
-------------------------------------------------------------------
Debtors Woodbridge Group of Companies, LLC and affiliates filed an
objection to Contrarian Funds, LLC's Proof of Claim No. 1216. At
issue is: (I) whether an anti-assignment clause contained in a
promissory note is a valid restriction on assignment rights under
Delaware law; (II) whether a non-breaching party to a promissory
note in payment default is still bound by an anti-assignment clause
while also seeking to enforce the note in bankruptcy through a
proof of claim; and (III) whether the Uniform Commercial Code
overrides and nullifies an anti-assignment clause in a promissory
note.

Bankruptcy Judge Kevin J. Carey finds that the anti-assignment
clause in the promissory notes in question is enforceable under
Delaware law, the tenets of contract law, and the UCC. Accordingly,
the Debtors' Claim Objection is sustained.

The first issue is whether the Anti-Assignment Clause is consistent
with Delaware law and public policy. The modern claims trading
industry is robust and fruitful, allowing for, among others,
liquidity for noteholders on the one hand and profitability for
traders on the other. Stated over fifteen years ago, "[p]erhaps
nothing has changed the face of bankruptcy in the last decade as
much as the newfound liquidity in claims."11 As Judge Carey
explained in his previous decision in In re KB Toys, Inc., today's
"[b]uyers of debt, in the Court's experience, are highly
sophisticated entities fully capable of performing due diligence
before any acquisition."12 Contrarian has consistently argued that
neither the Debtors nor the Court should attempt to police the
claims trading market.

While Rule 3001(e) of the Federal Rules of Bankruptcy Procedure
recognizes that claims trading occurs and provides for certain
procedures governing such transfers, the Court is aware of no
provision in the Bankruptcy Code or of any overarching bankruptcy
policy which impairs the Court's authority to determine and enforce
applicable non-bankruptcy law concerning contract provisions which
may restrict transfers of claims. Neither is the Court convinced --
and the record does not support -- any insistence that to sustain
the Claim Objection would cause disruption in the claims trading
market.

The Anti-Assignment Clause and the Loan Agreement are clear and
unambiguous. Any assignment of the Promissory Note or of any rights
thereunder, absent the Fund's written consent, is null and void. In
accordance with Delaware law and the Restatement, the express
language of the Anti-Assignment Clause provides a clear intent to
restrict the power to assign as opposed to restricting only the
right to assign. Accordingly, the Note Transfer is void.

Contrarian's next argument is that, even if the Anti-Assignment
Clause is legally valid, the Debtors may not enforce the Promissory
Note because of its prior breach. This argument also fails. Here, a
"disability" can be said to have arisen under the Promissory Note
as a result of the Berlinger's violation of the Anti-Assignment
Clause. Accordingly, such "disability" travelled with the
transferred claim into the hands of Contrarian, and therefore,
Contrarian did not have the right to file the Proof Claim.

Contrarian's last argument in an effort to escape the
Anti-Assignment Provision is that UCC section 9-408 overrides and
nullifies any contractual provision that restricts the assignment
of or "requires the consent of the maker of a promissory note
before the note may be transferred."

Contrarian does not hold, nor even assert that it holds, a security
interest in the Promissory Notes. It has not lent any money to the
Berlingers, let alone money to which repayment would be secured by
an interest in the Promissory Notes. Accordingly, the Court finds
that UCC section 9-408 is inapplicable here.

For the foregoing reasons, the Court finds that the Anti-Assignment
Clause is legally valid; the Note Transfer is void; and UCC section
9-408 is inapplicable.

A full-text copy of the Court's Opinion dated June 20, 2018 is
available at https://bit.ly/2LaihHi from Leagle.com.

Woodbridge Group of Companies, LLC, Debtor, represented by Ian J.
Bambrick -- ibambrick@ycst.com -- Young Conaway Stargatt & Taylor,
LLP, Sean Matthew Beach -- sbeach@ycst.com -- Young, Conaway,
Stargatt & Taylor, Donald J. Bowman, Jr. -- dbowman@ycst.com --
Young, Conaway, Stargatt & Taylor, Jennifer L. Conn --
jconn@gibsondunn.com -- Gisbon Dunn & Crutcher LLP, Daniel B. Denny
-- dbenny@gibsondunn.com -- Gibson Dunn & Crutcher LLP, Betsy Lee
Feldman -- bfeldman@ycst.com -- Young Conaway Stargatt & Taylor,
David A. Fidler -- dfidler@ktbslaw.com --  Klee, Tuchin, Bogdanoff
& Stern, LLP, Oscar Garza -- ogarza@gibsondunn.com -- Gibson Dunn &
Crutcher LLP, Whitman L. Holt , Klee, Tuchin, Bogdanoff & Stern
LLP, Matthew K. Kelsey , Gibson, Dunn & Crutcher LLP, Samuel M.
Kidder , Klee, Tuchin, Bogdanoff & Stern LLP, Kenneth N. Klee ,
Klee Tuchin Bogdanoff Stern LLP, Allison S. Mielke , Young Conaway,
Edmon L. Morton -- emorton@ycst.com -- Young Conaway Stargatt &
Taylor, LLP, Michael S. Neiburg -- mneiburg@ysct.com -- Young
Conaway Stargatt & Taylor, LLP, Samuel A. Newman --
snewman@gibsondunn.com -- Gibson, Dunn & Cruther LLP, Robert J.
Pfister , Klee, Tuchin, Bogdanoff & Stern LLP, Matthew P. Porcelli
, Gisbon Dunn & Crutcher LLP, Shane M. Reil , Young Conaway,David
M. Stern , Klee Tuchin Bogdanoff & Stern LLP, Michael L. Tuchin ,
Klee, Tuchin, Bogdanoff & Stern, LLP, Jonathan M. Weiss --
jweiss@ktbslaw.com -- Klee, Tuchin, Bogdanoff & Stern LLP & J. Eric
Wise -- jwise@gibsondunn.com -- Gibson, Dunn & Crutcher LLP.

U.S. Trustee, U.S. Trustee, represented by Timothy Jay Fox, Jr.,
Office of the United States Trustee U. S. Department of Justice.

Garden City Group, LLC, Claims Agent, represented by Angela
Ferrante -- angela.ferrante@choosegcg.com -- The Garden City Group,
Inc.

Official Committee of Unsecured Creditors, Creditor Committee,
represented by John A. Morris -- jmorris@pszjlaw.com --Pachulski
Stang Ziehl & Jones LLP, Richard M. Pachulski --
rpachulski@pszjlaw.com -- Pachulski Stang Ziehl & Jones LLP,
Jeffrey N. Pomerantz -- jpomerantz@pszjlaw.com -- Pachulski Stang
Ziehl & Jones LLP, Colin R. Robinson – croinson@pszjlaw.com --
Pachulski Stang Ziehl & Jones LLP, Bradford J. Sandler, Pachulski
Stang Ziehl & Jones LLP & James I. Stang, Pachulski Stang Ziehl &
Jones LLP.

Ad Hoc Noteholder Group, Creditor Committee, represented by Joseph
N. Argentina, Jr. -- joseph.argentina@dbr.com -- Drinker Biddle &
Reath LLP, Timothy R. Casey -- timothy.casey@dbr.com -- Drinker
Biddle & Reath LLP, Patrick A. Jackson -- patrick.jackson@dbr.com
-- Drinker Biddle & Reath LLP,Steven K. Kortanek --
steven.kortanek@dbr.com -- Drinker Biddle & Reath LLP, James H.
Millar -- james.millar@dbr.com -- Drinker Biddle & Reath LLP &
Michael P. Pompeo -- Michael.pompeo@dbr.com --Drinker Biddle &
Reath LLP.

                About Woodbridge Group

Headquartered in Sherman Oaks, California, The Woodbridge Group
Enterprise — http://www.woodbridgecompanies.com/— is a
comprehensive real estate finance and development company. Its
principal business is buying, improving, and selling high-end
luxury homes. The Woodbridge Group Enterprise also owns and
operates full-service real estate brokerages, a private investment
company, and real estate lending operations. The Woodbridge Group
Enterprise and its management team have been in the business of
providing a variety of financial products for more than 35 years,
and have been primarily focused on the luxury home business for the
past five years. Since its inception, the Woodbridge Group
Enterprise has completed more than $1 billion in financial
transactions. These transactions involve real estate, note buying
and selling, hard money lending, and alternative financial
transactions involving thousands of investors.

Woodbridge Group of Companies and certain of its affiliates filed
Chapter 11 bankruptcy petitions (Bankr. D. Del. Lead Case No.
17-12560) on Dec. 4, 2017. Woodbridge estimated assets and
liabilities at between $500 million and $1 billion. The Chapter 11
cases are being jointly administered.

Judge Kevin J. Carey presides over the case.

Samuel A. Newman, Esq., Oscar Garza, Esq., Daniel B. Denny, Esq.,
Jennifer L. Conn, Esq., Eric J. Wise, Esq., Matthew K. Kelsey,
Esq., and Matthew P. Porcelli, Esq., at Gibson, Dunn & Crutcher,
LLP, and Sean M. Beach, Esq., Edmon L. Morton, Esq., Ian J.
Bambrick, Esq., and Allison S. Mielke, Esq., at Young Conaway
Stargatt & Taylor, LLP, serve as the Debtors' bankruptcy counsel.
Homer Bonner Jacobs, PA, as special counsel, Province, Inc., as
expert consultant, Moelis & Company LLC, as investment banker.

The Debtors' financial advisors are Larry Perkins, John Farrace,
Robert Shenfeld, Reece Fulgham, Miles Staglik, and Lissa Weissman
at SierraConstellation Partners, LLC. Beilinson Advisory Group is
serving as independent management to the Debtors. Garden City
Group, LLC, is the Debtors’ claims and noticing agent.

Pachulski Stang Ziehl & Jones is counsel to the Official Committee
of Unsecured Creditors; and FTI Consulting, Inc., serves as its
financial advisor.

An official committee of unsecured creditors was appointed in the
Chapter 11 cases on Dec. 14, 2017. On Jan. 23, 2018, the Court
approved a settlement providing for the formation of an ad hoc
noteholder group and an ad hoc unitholder group.


ZAHMEL RESTAURANT: Seeks Approval of Cash Collateral Stipulation
----------------------------------------------------------------
Zahmel Restaurant Supplies Corp. seeks approval from the U.S.
Bankruptcy Court for the Eastern District of New York of the
Stipulation and Consent Order made by and between Zahmel Restaurant
and Newtek Small Business Finance LLC authorizing Zahmel
Restaurant's use of cash collateral.

Zahmel acknowledges and agrees that, as of the Petition Date, it is
indebted to Newtek in the principal amount of $327,275.75, plus
interest in the amount of $340.90, for a total of $327,616.65,
pursuant to that certain U.S. Small Business Administration Note,
Security Agreement and various other third party guaranties and
mortgages. Pursuant to these existing Agreements, Zahmel granted
Newtek a security interest in and lien upon all or substantially
all of Zahmel's assets.

Zahmel further acknowledges and agrees that Newtek holds a valid,
perfected, enforceable and unavoidable first priority lien on and
security interest in and to the Pre-Petition Collateral, including
cash collateral.

Newtek will be granted a valid and perfected replacement security
interest in and lien on the same typr of post-petition assets in
which Newtek held a valid and perfected lien prior to the Petition
Date. The Adequate Protection liens will constitute a first
priority perfected lien on all of the collateral as to which Newtek
held a valid and perfected first priority lien as of the Petition
Date. In addition, Newtek is granted an allowed superpriority
administrative expense claims in this chapter 11 case and any
successor cases.

As further adequate protection for the use of cash collateral,
Zahmel will pay to Newtek the regular monthly payment of interest
at the non-default rate of 7.75% in the monthly sum of $4,222 for
the month of July 2018 commencing upon approval of the Stipulation.


Moreover, the Stipulation and Consent Order also provides that
Zahmel will:

     (a) Utilize cash collateral to pay only the Debtor's normal
and regular expenses of the operation of its business, pursuant to
the Budget, provided that the Debtor will be permitted to exceed
individual line item disbursement amounts set forth in the Budget
by no more than 10% of such stated amounts;

     (b) Account for all of the Debtor's expenditures in monthly
operating reports in accordance with the Office of the U.S.
Trustee's guidelines, which the Debtor will timely file with the
Bankruptcy Court and send to Newtek's counsel and the Office of the
U.S. Trustee;

     (c) Maintain all insurance policies required to conduct its
business, including without limitation, general liability
insurance, workers' compensation insurance, and disability
insurance, and obtain such additional insurance in the amount as is
appropriate for the business in which the Debtor is engaged, naming
Newtek as loss payee and as an additional insured on all policies.
The Debtor will provide Newtek with proof of all such coverage, as
well as prompt notification of any change in such coverage which
may hereafter occur;

     (d) The Debtor will provide Newtek and its representatives,
employees, experts or consultants reasonable access during normal
business hours to the business offices of the Debtor to enable such
individuals to conduct an examination of the Collateral; and

     (e) All third party guaranties will continue to guarantee and
collateralize Newtek to all post-petition use of the cash
collateral by the Debtor and such guarantors consent entry of the
Stipulation.

A full-text copy of the Proposed Stipulation and Consent Order is
available at

            http://bankrupt.com/misc/nyeb18-43312-24.pdf

                 About Zahmel Restaurant Supplies

Zahmel Restaurant Supplies Corp. is a restaurant supply distributor
that maintains warehouse and related offices at 6235 30th Avenue,
in Woodside, New York.  The company has 45 employees and more than
50 creditors.

Zahmel Restaurant Supplies Corp. filed a Chapter 11 petition
(Bankr. E.D.N.Y. Case No. 18-43312) on June 5, 2018.  In the
petition signed by Gil Appelbaum, vice president, the Debtor
estimated $500,000 to $1 million in assets and $1 million to $10
million in liabilities.  Goldberg Weprin Finkel Goldstein LLP is
the Debtor's counsel.


ZIVKO KNEZOVIC: Court Upholds Summary Judgment in Favor of UPB
--------------------------------------------------------------
Plaintiff Zivko Knezovic in the case captioned ZIVKO KNEZOVIC,
Plaintiff-Appellant, v. URBAN PARTNERSHIP BANK, Defendant-Appellee,
Case No. 17-cv-8991 (N.D. Ill.) appeals from the bankruptcy court's
grant of summary judgment to Defendant Urban Partnership Bank on
his adversary complaint, and the court's denial of his motion to
alter or amend that judgment. District Judge Robert John Blakey
affirms the bankruptcy court's orders.

The Plaintiff's adversary complaint challenged UPB's interest rates
on the Note on the grounds that: (1) ShoreBank's Index became
unavailable upon its closure, requiring UPB to set a new,
reasonable interest rate for the Note; and (2) UPB violated the
terms of the Note by failing to appropriately adjust the interest
on the Note according to prevailing national rates. Those two
issues provided the basis for the bankruptcy court's challenged
orders and remain the sole focus of this appeal.

The undisputed facts show that ShoreBank assigned its interest in
the Note to the FDIC-R, which assigned that interest to UPB, which
received the Note and all its relevant records--including the
Index, which it has maintained ever since. Those undisputed facts
include UPB's statements of fact that the Plaintiff failed to
adequately deny. On this record, the Plaintiff fails to show that
the Index ever became "unavailable," which, under the Note, forms a
precondition to his requested relief: the substitution of a new
interest rate.

The Fifth Circuit precedents that the Plaintiff cited on his motion
to alter or amend the bankruptcy court's summary judgment order,
and presented to this Court on appeal, do not affect this
conclusion. First, the Plaintiff failed to offer these--or any
other precedents--in his response to UPB's motion for summary
judgment. Thus, his argument based upon those precedents was not
before the bankruptcy court at summary judgment and is waived on
appeal from that order. Even considering those cases, however, they
are neither binding upon this Court nor persuasive.

In sum, the Plaintiff failed to produce any evidence or argument
contradicting UPB's evidence showing that the Index remained
available to it. This Court affirms the bankruptcy court's grant of
summary judgment to UPB on that issue.

The Plaintiff next contended that UPB breached the terms of the
Note by failing to change the variable interest rate every two
years. The bankruptcy court also granted UPB summary judgment on
that issue, because UPB had the right to refrain from adjusting the
variable interest rate, and in any event, the proper remedy would
be damages, not reformation of the terms of the Note.

The Plaintiff's second contention also fails because he does not
support it with relevant evidence. The Plaintiff argues that,
because two of UPB's employees acted swiftly and occasionally
unilaterally in deciding to maintain the 7% interest rate, they
must have acted arbitrarily. These actions do not prove that UPB
acted arbitrarily, given that the record includes the factors that
UPB considered when setting the rate. Moreover, the fact that the
Note commits the interest rate to the lender's sole discretion
compels the conclusion that the parties knew UPB could decline to
adjust its interest rate at any time, "thereby negating any
inference that defendant's actions were outside the contemplation
of the parties and could be characterized as a breach of good
faith." The Court affirms the bankruptcy court's grant of summary
judgment to UPB on the issue of the alleged breach of contract or
the duty of good faith and fair dealing.

Finally, the Court affirms the bankruptcy court's denial of the
Plaintiff's motion to alter or amend its grant of summary judgment.
First, as the bankruptcy court noted, the Plaintiff failed to meet
the standard set by the applicable federal rule. Federal Rule of
Civil Procedure 59(e)--applicable to the bankruptcy courts through
Federal Bankruptcy Rule of Procedure 9023--allows courts to alter
or amend judgments only if the moving party "can demonstrate a
manifest error of law or present newly discovered evidence."

Here, the Plaintiff failed to offer new evidence, so his motion
depends upon finding a manifest error of law in the bankruptcy
court's grant of summary judgment. To succeed, the Plaintiff must
"clearly establish" that the bankruptcy court disregarded,
misapplied, or failed to recognize "controlling precedent."  

The Plaintiff's motion to alter or amend the judgment challenged
only the bankruptcy court's decision on the availability of the
Index and did not address his breach of contract claim or the duty
of good faith and fair dealing. As to the Index, the Plaintiff
offered only Fifth Circuit cases. As the bankruptcy court noted,
none of those cases are controlling in this circuit. Accordingly,
the Plaintiff failed to clearly establish that the bankruptcy court
disregarded, misapplied, or failed to recognize controlling
precedent, and the bankruptcy court properly denied the motion.

Even reaching the merits, the arguments the Plaintiff raised in his
motion to alter or amend mirror those he raises on appeal, which
this Court has already rejected. This Court affirms the bankruptcy
court's denial of Plaintiff's motion to alter or amend the
judgment.

A full-text copy of the Court's June 18, 2018 Memorandum Opinion
and Order is available at https://bit.ly/2KNx3I0 from Leagle.com.

Zivko Knezovic, Appellant, represented by Ariel Weissberg --
ariel@weissberglaw.com  -- Weissberg & Associates, Richard B.
Polony , Hinshaw & Culbertson LLP & Devvrat Vikram Sinha --
dev@weissberglaw.com -- Weissberg & Associates, Ltd.

Urban Partnership Bank, Appellee, represented by William J.
Serritella, Jr. -- wserritella@taftlaw.com -- Taft Stettinius &
Hollister LLP & Jillian Stacey Cole -- jcole@taftlaw.com -- Taft
Stettinius & Hollister LLP.

               About Zivko Knezovic

Knezovic is engaged in the business of owning and managing real
properties. Zivko Knezovic sought Chapter 11 protection (Bankr.
N.D. Ill. Case No. 16-29208) on Sept. 13, 2016. The Debtor tapped
Ariel Weissberg, Esq., at Weissberg & Associates, Ltd., as counsel.


[] 2018 DI Conference Discount Tickets Available for Early Birds
----------------------------------------------------------------
Early registration discount tickets are currently available for
Beard Group's 2018 Distressed Investing (DI) Conference to be held
Monday, Nov. 26, 2018.  The day-long program, marking the event's
25th year, will be held at The Harmonie Club, 4 East 60th Street,
New York, NY 10022. To register for the one-day conference visit:

          https://www.distressedinvestingconference.com/

Conway MacKenzie, Foley & Lardner, Longford Capital and Development
Specialist Inc. (DSI) will again be partnering with Beard Group as
it marks the conference's Silver Anniversary.  This milestone
denotes the event as the oldest, influential DI conference in the
U.S.

Debtwire will again be a media sponsor of the conference.

For a quarter of a century, the DI Conference's focus has been on
"Maximizing Profits in the Distressed Debt Market."  The event also
serves as a forum for leaders in corporate restructuring, lending
and debt and equity investments to gather and discuss the latest
topics and trends in the distressed investing industry, as well as
exchange ideas about high-profile chapter 11 bankruptcy proceedings
and out-of-court restructurings. These are distinguished
professionals who place their resources and reputations at risk to
produce stellar results by preserving jobs, rebuilding broken
businesses, and efficiently redeploying underutilized assets in the
marketplace.

The conference will also feature the:

     * Luncheon presentation of the Harvey K Miller Award to
       Edward I. Altman, Professor of Finance, Emeritus, New York
       University's Stern School of Business. (The award will be
       presented by last year's winner billionaire Marc Lasry,
       Altman's former student.)

     * Evening awards dinner recognizing the 12 Outstanding
       Restructuring Lawyers

To learn how you can be a sponsor and participate in shaping the
day-long program, contact:

           Bernard Tolliver at bernard@beardgroup.com
                  or Tel: (240) 629-3300 x-149

To learn about media sponsorship opportunities to bring your outlet
into the view of leaders in corporate restructuring, lending and
debt and equity investments, and to expand your network of news
sources, contact:

                Jeff Baxt at jeff@beardgroup.com
                   or (240) 629-3300, ext 150


                            *********

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