/raid1/www/Hosts/bankrupt/TCR_Public/180803.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Friday, August 3, 2018, Vol. 22, No. 214

                            Headlines

ATLANTIC EDUCATION BOARD: S&P Hikes GO Bonds Rating to 'BB+'
BOXER PARENT: S&P Rates Euro-Denominated Unsecured Notes 'CCC+'
BROOKSTONE COMPANY: Files for Chapter 11 to Facilitate Sale
CAPSTONE LOGISTICS: S&P Alters Outlook to Stable & Affirms B- ICR
CD&R HYDRA: S&P Affirms 'B' Issuer Credit Rating, Outlook Stable

CHESAPEAKE ENERGY: Egan-Jones Hikes Senior Unsecured Ratings to B-
CHF-DEKALB II: S&P Cuts Rating on 2011 Student Housing Bonds to B+
COMMUNITY HEALTH: May Issue 7M Shares Under 2009 Option Plan
CONCORDIA INTERNATIONAL: S&P Raises ICR to 'B-', Outlook Stable
COX INVESTMENTS: Seeks to Hire Copeland Law as Attorney

DELTA FARM: Seeks to Hire Craig M. Geno as Attorney
DIAMOND OFFSHORE: Moody's Cuts CFR & Sr. Unsec. Ratings to 'B2'
DOLE FOOD: S&P Raises Issuer Credit Rating to 'B', Outlook Stable
DRW SERVICES: Seeks to Hire Crane Simon as Counsel
DRY EYE COMPANY: Hires Wells and Jarvis as Counsel

EAT FIT GO: Voluntary Chapter 11 Case Summary
EMERALD GRANDE: Hires CBRE Inc. as Real Estate Broker
FAIRBANKS COMPANY: Files Chapter 11 to Resolve Asbestos Claims
FETCH ACQUISITION: Moody's Affirms B2 CFR, Outlook Stable
FITNESS FACTORY: Seeks to Hire Sheila Durant as Attorney

GPS HOSPITALITY: S&P Discontinues Ratings as Deal Does Not Close
HERITAGE HOME: August 8 Meeting Set to Form Creditors' Panel
HGIM CORP: S&P Assigns 'B-' Issuer Credit Rating, Outlook Stable
HOLLYWOOD ONE: Seeks to Hire Brown Brown as Special Counsel
HUNT OIL: S&P Affirms 'BB-' ICR & Alters Outlook To Stable

HUSA INC: Seeks to Hire Main Auction as Auctioneer
IE INC: Seeks to Hire Goodman Law as Bankruptcy Counsel
INSTITUCION AMOR: Taps Wilfredo Vegas as Accountant
INTEGRAL INVESTMENTS: Hires Jonathan V. Goodman as Counsel
IWORLD OF TRAVEL: May Use Cash Collateral on Final Basis

KALEIDOSCOPE CHARTER: S&P Cuts Rating on 2014A/B Bonds to BB
LA STEEL SERVICES: Seeks to Hire Worley Law as Special Counsel
LACH ROUM: Seeks to Hire Stephen Murphy as Special Counsel
LIGHTSTONE HOLDCO: S&P Affirms 'BB-' Rating on Term Loan B Debt
LONGFIN CORP: Henry Wang Quits as Director

MERCURY PARENT: S&P Assigns 'B' Corp. Credit Rating, Outlook Stable
MOOD MEDIA: S&P Lowers ICR to to 'CCC+', Outlook Negative
NATIONAL MANAGEMENT: Committee Hires Broege Neumann as Attorney
NATIONSTAR MORTGAGE: Moody's Assigns B2 CFR, Outlook Stable
NEBRASKA BOOK: Completes Balance Sheet Restructuring

NEIGHBORS LEGACY: Hires Houlihan Lokey as Investment Banker
NEIGHBORS LEGACY: Hires Shandler of CohnReznick as CRO
NORDAM GROUP: U.S. Trustee Forms 7-Member Committee
OUTERSTUFF LLC: Moody's Affirms B1 CFR & B2 1st Lien Loan Rating
PEANUT CO: Hires Carpani and Gordon as Special Tax Counsel

PEARL MERGER: Moody's Cuts Rating on 2nd Lien Term Loan to Caa2
PETE GOULD: Seeks to Hire Paul M. Khoury as Accountant
PJZ TRANSPORT: Seeks to Hire Baumeister Denz as Counsel
PLANET INTERMEDIATE: S&P Lowers ICR to 'B+', Outlook Stable
PRO-CARE INJURY: Hires William Dunn as Accountant/Receiver

RODEO ROOFING: Seeks to Hire Kimel Law as Counsel
SABIR PROPERTIES: Seeks to Hire Calaiaro Valencik as Counsel
SBA COMMUNICATIONS: S&P Places 'BB-' ICR on CreditWatch Positive
SONOMA MT. LLC: Hires Property and Mortgage as Real Estate Broker
SOUTHCROSS HOLDINGS: S&P Alters Watch Implications on ICR to Neg.

SUPERIOR HOSPICE: May Use Cash Collateral on Final Basis
SUPERMOOSE NEWCO: S&P Assigns 'B-' ICR, Outlook Stable
SUPERVALU INC: Egan-Jones Hikes Senior Unsecured Ratings to B+
TDE OF ILLINOIS: Hires William J. Factor as Bankruptcy Counsel
TELE CIRCUIT: U.S. Trustee Unable to Appoint Committee

TRANSDIGM GROUP: Fitch Affirms 'B' Long-Term IDR, Outlook Stable
US FOODS: S&P Alters Outlook to Negative & Affirms 'BB+' ICR
VCVH HOLDING: S&P Assigns 'B+' Rating on Secured Credit Facilities
VT TOPCO: S&P Assigns 'B' Issuer Credit Rating, Outlook Stable
WW CONTRACTORS: Seeks to Hire Rosen Sapperstein as Accountant

[*] Discounted Tickets for 2018 Distressed Investing Conference!
[^] BOOK REVIEW: EPIDEMIC OF CARE

                            *********

ATLANTIC EDUCATION BOARD: S&P Hikes GO Bonds Rating to 'BB+'
------------------------------------------------------------
S&P Global Ratings raised its underlying rating on Atlantic City
Board of Education (BoE), N.J.'s general obligation (GO) bonds
outstanding to 'BB+' from 'BB'. The outlook is stable.

"The upgrade reflects our view of the district's improved financial
position, in particular its improved liquidity, with projected cash
flows showing sufficient coverage for debt service payments during
the year," said S&P Global Ratings credit analyst Tiffany Tribbitt.


The district has strong cash monitoring, with regular review from
New Jersey's Department of Education (DOE) and with state aid
disbursements of a large portion of the district's aid tied to its
cash flow needs. Better monitoring of cash flows combined, with the
overall improvement in the financial position, in particular an
increase to the total fund balance levels, leads us to believe the
district is less vulnerable to nonpayment than in previous years.
Preliminary fiscal 2018 results are strong, and with increased
state aid appropriated for the BoE in the state's fiscal 2019
budget, we anticipate the district will maintain stable operations
in the near term. However, given how much the BoE relies on state
support and local support that at times has shown to be
unpredictable, we believe the district remains exposed to adverse
political and economic conditions that could threaten its ability
to maintain structural balance and meet its debt service in the
long term.

The rating reflects our view of the district's:

-- Low wealth and income levels when compared with state and
national averages yet very strong per capita market value levels
given the casino and resort concentration;

-- Stabilization of revenue flow to the district from the city,
reducing the district's liquidity risk;

-- Improved financial position, including very strong total
reserves;

-- Significant reliance on state aid, which is subject to
appropriation; and

-- Overall debt burden that we consider high per capita, and
moderate as a percentage of market value, with below average
amortization.

The BoE serves an estimated population of 38,380. At 48% and 54% of
national averages, respectively, the district's median household
and per capita effective buying incomes are low in S&P's view. The
local economy is heavily concentrated in the leisure and hospital
industry given the city's oceanfront location and nine casino
properties.

S&P said, "The stable outlook reflects our expectation that the
district will maintain adequate liquidity given state oversight of
cash flows and stabilization of local revenue payments from the
city. The outlook further reflects our expectation that the BoE
financial position will continue to improve and that state aid will
remain at least at current levels. Therefore, we do not anticipate
raising or lowering the rating over the two-year outlook horizon.

"We believe the district remains highly vulnerable to changes in
political and economic conditions. If the BoE lost state aid or had
its liquidity threatened once again by delayed payments of local
revenues, resulting in deteriorated financial performance, we could
lower the rating. If the state aid environment became more
unpredictable and the trend of stable or increasing aid receipts
reversed, the rating could face pressure."

Upward rating movement is contingent upon improved reliability of
local revenues, as well as diversification of state aid away from
Commercial Valuation Stabilization Aid.


BOXER PARENT: S&P Rates Euro-Denominated Unsecured Notes 'CCC+'
---------------------------------------------------------------
S&P Global Ratings assigned its 'CCC+' issue-level rating and '6'
recovery rating to the new eight-year euro-denominated senior
unsecured notes issued by Boxer Parent Co. Inc., a parent holding
company of Houston-based BMC Software Inc. The '6' recovery rating
indicates S&P's expectation for negligible recovery (0%-10%;
rounded estimate: 5%) of principal in the event of a payment
default.

S&P said, "Our issuer credit rating on BMC remains 'B' with a
negative outlook. Our rating and outlook are based on our view that
incremental debt from BMC's recent sale to KKR will raise the
firm's leverage to the mid-8x area, and that while we believe
leverage is likely to return to the high-7x area, failure to
execute on growth and margin expansion plans could lead to leverage
sustained over 8x."

  RATINGS LIST

  BMC Software Inc.
   Issuer credit rating               B/Negative/--

  New Rating

  Boxer Parent Co. Inc.
  Banff Merger Sub Inc.
  Senior unsecured
   Euro-denominated notes due 2026    CCC+
    Recovery rating                   6 (5%)



BROOKSTONE COMPANY: Files for Chapter 11 to Facilitate Sale
-----------------------------------------------------------
Brookstone Company, Inc. said August 2 it is seeking a buyer. To
facilitate the sale, the company filed voluntary petitions under
chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court
for the District of Delaware in Wilmington. Brookstone has also
begun a process to close the company's remaining 101 mall store
locations, following continued deterioration of traditional retail
mall traffic.

"Today we have taken several important steps to restructure the
business and ensure that Brookstone will be well-positioned to
succeed for years to come," said Brookstone CEO Piau Phang Foo.
"The decision to close our mall stores was difficult, but
ultimately provides an opportunity to maintain our well-respected
brand and award-winning products while operating with a smaller
physical footprint. We thank all our mall store employees and
managers who have contributed so much despite an extremely
challenging retail environment at malls and our thousands of loyal
customers whom we look forward to continuing to serve."

Foo continued, "Our airport, e-commerce and wholesale business
divisions are operating successfully and should prove attractive to
a buyer with the financial resources and vision to carry our
company into the future."

Brookstone will continue to provide customers with the same great
product quality and variety for which the company is known through
its 35 stores in airports across the United States and its
successful e-commerce and wholesale businesses.

Through an agreement with Wells Fargo Bank, NA, and Gordon Brothers
Finance Company, the company has secured access to approximately
$30 million in post-petition financing to support operations during
the sale and restructuring process. The company reinforced it will
pay vendors on a priority basis for goods and services ordered and
received from this point forward.

Brookstone is filing its customary first-day motions with the court
to ensure that all operations continue without interruption.
Airport stores will operate on normal hours, employees will be
paid, and customer programs, including the use of gift cards and
Brookstone Loves Reward Program points, will continue pending court
approval, which is commonplace in such cases.

Brookstone's legal advisors in connection with the restructuring
are Gibson, Dunn & Crutcher, LLP and Young Conaway Stargatt &
Taylor. Its financial advisor is Berkeley Research Group, LLC
(BRG).  GLC Advisors & Co., LLC serves as the company's investment
banker.

                           *     *     *

This is the Company's second trip to Chapter 11 in the past five
years.  Know previously as Brookstone Holdings Corp., the Company
and several affiliated debtors filed for Chapter 11 bankruptcy
protection (Bankr. D. Del. Lead Case No. 14-10752) on April 3,
2013, with a plan to sell its business to another retailer.

Brookstone operated 242 retail stores across 40 states and Puerto
Rico as of Feb. 1, 2014.  Of those stores, 195 were generally
located near "center court" in America's top retail centers and 47
were located in airports.

Brookstone Holdings won court approval to sell itself to Sailing
Innovation US Inc., a consortium of Chinese investors that plans to
continue operating the majority of the specialty retailer's 240
stores after the company exited bankruptcy.

Sailing Innovation -- formed by Sailing Capital and conglomerate
Sanpower -- outbid Spencer Spirit Holdings Inc.'s stalking horse
offer for Brookstone.  Reports say Sailing paid more than $173
million for the company.  Brookstone said Sailing paid a final
purchase price of $137.5 million, net of cash and assumed
liabilities.  Spencer offered $146 million.

U.S. Bankruptcy Court Judge Brendan Shannon in Wilmington approved
a bankruptcy-exit plan that proposed to pay off Brookstone's
approximately $51 million in bank loans with a loan provided by
bondholders funding the restructuring.

The Debtors tapped K&L Gates LLP and Landis Rath & Cobb LLP as
attorneys, Deloitte Financial Advisory Services LLP as their
financial advisors, Jefferies LLC as their investment banker, and
Kurtzman Carson Consultants as claims agent in the 2013
restructuring.  The DIP lenders were represented by Stroock &
Stroock & Lavan LLP and Young Conaway Stargatt & Taylor LLP.

Brookstone's Second Modified Joint Chapter 11 Plan of
Reorganization became effective July 7, 2014.  The Plan was
confirmed on June 24.

                        About Brookstone

Founded in 1965, Brookstone is a U.S.-based product developer and
retailer of wellness, entertainment, and travel products that are
fun to discover, smart to use and beautiful in design. Brookstone
products are available at its 35 retail locations in airports
throughout the U.S., online at Brookstone.com and through select
premium retailers worldwide.

Media Inquiries:
Abernathy MacGregor
Sydney Isaacs
Rivian Bell
E-mail: sri@abmac.com
        rlb@abmac.com

Jake Yanulis
Senior Account Executive
O: 212.371.5999
M: 917.710.7807
E: jjy@abmac.com

Abernathy MacGregor
Strategic Communications Counsel


CAPSTONE LOGISTICS: S&P Alters Outlook to Stable & Affirms B- ICR
-----------------------------------------------------------------
S&P Global Ratings revised its outlook on Capstone Logistics
Acquisition Inc. to stable from positive and affirmed its 'B-'
issuer credit rating on the company.

S&P said, "At the same time, we affirmed our 'B-' issue-level
rating on the company's first-lien term loan. The '3' recovery
rating remains unchanged, indicating our expectation for meaningful
(50%-70%; rounded estimate: 50%) recovery for lenders in the event
of a payment default. We also affirmed all other issue-level
ratings.

"The outlook revision on Capstone reflects the proposed incremental
debt issuance related to the company's acquisitions of
LoadDelivered Logistics and Logistical Labs LLC. On a pro forma
basis, we expect the company's credit metrics to decline somewhat
from our prior forecast. Specifically, we anticipate that the
company's debt-to-EBITDA will remain in the low-7x area (in line
with our previous expectation) while its funds from operations
(FFO)-to-debt ratio declines slightly to the mid-single digit
percent area (compared with our previous expectation of the
high-single digit percent area) for 2018. We expect the company's
metrics to remain at these levels through 2019.

"The stable outlook on Capstone reflects our belief that the
company's credit metrics will remain stable following the
acquisitions with the additional debt largely offset by increased
earnings and cash flow. Specifically, we expect the company's
FFO-to-debt ratio to remain in the mid-single digit percent area
through 2019 and its debt-to-EBITDA metric to stay in the low-7x
area over the same period.

"We could lower our ratings on Capstone over the next year if the
company pursues additional debt-financed acquisitions or dividends
or if it fails to successfully integrate its acquisitions. This
could weaken the company's operating results and lead us to believe
that its leverage or liquidity position is no longer sustainable.

"Although unlikely, we could raise our ratings on Capstone over the
next year if it is able to successfully integrate its acquisitions
and reports better-than-expected operating results. Specifically,
we would need the company's debt-to-EBITDA to fall below 6.5x and
its FFO-to-debt ratio to increase to the high-single digit percent
area on a sustained basis. We would also need to believe that the
company and its sponsors are committed to maintaining its credit
metrics within this range."


CD&R HYDRA: S&P Affirms 'B' Issuer Credit Rating, Outlook Stable
----------------------------------------------------------------
S&P Global Ratings affirmed its 'B' issuer credit rating on
Addison, Ill.-based CD&R Hydra Buyer Inc. The outlook is stable.

S&P said, "At the same time, we affirmed our 'B' issue-level rating
on the company's $698 million (outstanding) first-lien term loan
due 2024, which includes the proposed $295 million incremental
add-on to its existing first-lien term loan. The '3' recovery
rating remains unchanged, indicating our expectation for meaningful
(50%-70%; rounded estimate: 60%) recovery in the event of a payment
default.

"Additionally, we affirmed our 'CCC+' issue-level rating on the
company's $115 million (outstanding) second-lien term loan due
2026. The '6' recovery rating remains unchanged, indicating our
expectation for negligible (0%-10%; rounded estimate: 0%) recovery
in the event of a payment default.

"The ratings affirmation follows CD&R Hydra's announcement that it
intends to acquire United Distribution Group (UDG), and reflects
our view that a moderate improvement in the company's scale,
product breadth, and end-market diversity helps temper the $295
million of additional debt incurred to finance the transaction.

"The stable outlook on CD&R Hydra reflects our expectation that the
company will be able to effectively integrate the UDG, Ryan Herco
Flow Solutions, and Price Engineering acquisitions, which--along
with a continued recovery in its industrial and energy
markets--should support improved profitability and allow it to
reduce its leverage below 6x over the next 12 months. The outlook
also incorporates our expectation that the company's financial
policy will remain sufficiently conservative such that it will
sustain debt leverage of less than 6.5x even as it pursues
acquisitions.

"We could lower our ratings on CD&R Hydra if the company
experiences a worse-than-expected operating performance or if it
adopts a more aggressive financial policy that raises its leverage
significantly above 7x for a sustained period.

"We could raise our ratings on CD&R Hydra if a
stronger-than-expected operating performance improves the company's
credit measures and reduces its leverage metric below 5x and it
demonstrates less aggressive financial policies that would allow it
to sustain this reduced level of leverage."


CHESAPEAKE ENERGY: Egan-Jones Hikes Senior Unsecured Ratings to B-
------------------------------------------------------------------
Egan-Jones Ratings Company, on July 27, 2018, upgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by Chesapeake Energy Corporation to B- from CCC+. EJR also raised
the rating on commercial paper issued by the Company to B from C.

Chesapeake Energy Corporation is an American petroleum and natural
gas exploration and production company headquartered in Oklahoma
City. The company is named after the founder's love for the
Chesapeake Bay region.


CHF-DEKALB II: S&P Cuts Rating on 2011 Student Housing Bonds to B+
------------------------------------------------------------------
S&P Global Ratings lowered its long-term rating' on the Illinois
Finance Authority's series 2011 student housing revenue bonds,
issued for CHF-DeKalb II L.L.C., Ala. to 'B+' from 'BB-'. The
outlook is stable.

CHF-DeKalb II is a not-for-profit corporation organized for the
sole purpose of constructing student housing for the Northern
Illinois University (NIU) project.

"The lowered rating reflects our view of the university's declining
enrollment, which has led to lower-than-historical occupancy and
revenue shortfalls, coupled with the project's reliance on the
university for funds to meet its covenant debt service coverage
level in recent years," said S&P Global Ratings credit analyst
Gauri Gupta. As per the management agreement, if occupancy fell
below 95%, NIU would support the project by providing the revenue
shortfall needed to meet the debt service coverage obligations and
the project utilized that support for fiscal 2017 and 2018. S&P
said, "In addition to that, the coverage levels remain just above
the covenant as per legal bond calculation but are barely 1x as per
our more conservative calculation. We believe the above risks
result in a credit profile more closely aligned with the lower
rating."

The stable outlook reflects S&P's view that the given the
connectivity between the project and the university as well as the
management agreements' stipulation of university support, the
project will continue to meet its obligation and maintain debt
service coverage ratio at least at covenant levels as per legal
bond calculation.


COMMUNITY HEALTH: May Issue 7M Shares Under 2009 Option Plan
------------------------------------------------------------
Community Health Systems, Inc. has filed a Form S-8 registration
statement with the Securities and Exchange Commission to register
an additional 7,000,000 shares of common stock, par value $0.01 per
share, of the Company available for issuance pursuant to awards
under the 2009 Stock Option and Award Plan.  A full-text copy of
the prospectus is available at https://is.gd/F0vWgk

                  About Community Health

Community Health -- http://www.chs.net/-- is a publicly-traded
hospital company in the United States and an operator of general
acute care hospitals and outpatient facilities in communities
across the country.  Community Health was originally founded in
1986 and was reincorporated in 1996 as a Delaware corporation.  The
Company provides healthcare services through the hospitals that it
owns and operates and affiliated businesses in non-urban and
selected urban markets throughout the United States.  As of Dec.
31, 2017, the Company owned or leased 125 hospitals included in
continuing operations, with an aggregate of 20,850 licensed beds,
comprised of 123 general acute care hospitals and two stand-alone
rehabilitation or psychiatric hospitals.  Community Health is
headquartered in Franklin, Tennessee.

Community Health reported a net loss of $2.39 billion on $15.35
billion of net operating revenues for the year ended Dec. 31, 2017,
compared to a net loss of $1.62 billion on $18.43 billion of net
operating revenues for the year ended Dec. 31, 2016.  

As of June 30, 2018, Community Health had $16.79 billion in total
assets, $17.08 billion in total liabilities, $514 million in
redeemable noncontrolling interests in equity of consolidated
subsidiaries and a total stockholders' deficit of $803 million.

                         *    *    *

As reported by the TCR on July 2, 2018, S&P Global Ratings raised
its corporate credit rating on Franklin, Tenn.-based hospital
operator Community Health Systems Inc. to 'CCC+' from 'SD'
(selective default).  The outlook is negative.  "The upgrade of
Community to 'CCC+' reflects the company's longer-dated debt
maturity schedule, and our view that its efforts to rationalize its
hospital portfolio as well as improve financial performance and
cash flow should strengthen credit measures over the next 12 to 18
months."

In May 2018, Fitch Ratings downgraded Community Health Systems'
(CHS) Issuer Default Rating (IDR) to 'C' from 'CCC' following the
company's announcement of an offer to exchange three series of
senior unsecured notes due 2019, 2020 and 2022.


CONCORDIA INTERNATIONAL: S&P Raises ICR to 'B-', Outlook Stable
---------------------------------------------------------------
S&P Global Ratings raised its issuer credit rating on Mississauga,
Ontario, Canada-based Concordia International Corp.'s long-term
issuer credit rating to 'B-' from 'D'. The outlook is stable.

S&P said, "At the same time, we assigned a 'B-' rating to
Concordia's new senior secured credit facility, including $1.1
billion in term loans and $300 million in notes. The recovery
rating is '3' reflecting our expectation for meaningful (50-70%;
rounded estimate: 50%) recovery in the event of a payment default.

"We expect to withdraw the ratings on the previous capital
structure following the close of the recapitalization transaction.

"Our ratings on Concordia reflect our belief that its capital
structure is now sustainable following the $2.4 billion reduction
in debt that reduced interest expense by about $170 million
annually. We believe the rating is constrained by Concordia's
limited track record of execution of the new strategy focused on
marketing niche international off-patent pharmaceutical products.
In addition, we expect leverage to remain in the 5x to 7x range for
several years following the recapitalization, assuming excess cash
is used for business development or other business purposes rather
than debt reduction.

"The stable outlook reflects our belief that Concordia's revenue
will return to growth in 2019 and that EBITDA will grow faster than
revenue in 2019 due to cost-cutting efforts. We expect adjusted
debt leverage to remain in the 5x to 7x range for the next 12
months. We believe that Concordia has a limited record in its new
strategy and that it will allocate capital to acquisitions to fuel
future growth. We expect that Concordia's recapitalization efforts,
cost cutting, and shift in focus to the less volatile European drug
market will allow the company to stabilize financial metrics and
resume modest growth."


COX INVESTMENTS: Seeks to Hire Copeland Law as Attorney
-------------------------------------------------------
Cox Investments, LLC, has filed an amended application with the
U.S. Bankruptcy Court for the Western District of Virginia seeking
approval to hire Copeland Law Firm, P.C., as its attorney.

Cox Investments requires Copeland Law to:

   a. take all necessary action to protect and preserve the
      estate of the Debtor, including the prosecution of actions
      on the Debtor's behalf, the defense of any actions
      commenced against the Debtor, negotiation of disputes in
      which the Debtor is involved and the preparation and
      objections to claims filed against the Debtor's estate;

   b. prepare on behalf of the Debtor, as Debtor in Possession,
      all necessary motions, applications, answers, orders,
      reports and other papers in connection with the
      administration of the Debtor's estate;

   c. negotiate and prepare on behalf of the Debtor a plan of
      reorganization and all related documents; and

   d. perform all other necessary legal services in connection
      with the prosecution of the Chapter 11 case.

Copeland Law will be paid at these hourly rates:

     Attorneys                       $300
     Paraprofessionals               $100

Copeland Law will be paid a retainer in the amount of $12,000.
Copeland Law will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Robert T. Copeland, partner of Copeland Law Firm, P.C., assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Copeland Law can be reached at:

     Robert T. Copeland, Esq.
     COPELAND LAW FIRM, P.C.
     212 Valley Street, NW
     Abingdon, VA 24210
     Tel: (276) 628-9525
     Fax: (276) 628-4711

              About Cox Investments, LLC

Cox Investments, LLC, filed a Chapter 11 petition (Bankr. W.D. Va.
Case No. 18-70901) on July 11, 2018, listing $500,001 to $1 million
in assets and $1,000,001 to $10 million in liabilities.  Judge Paul
M. Black presides over the case.  The Debtor hired Copeland Law
Firm, P.C., as its attorney.


DELTA FARM: Seeks to Hire Craig M. Geno as Attorney
---------------------------------------------------
Delta Farm Services, LLC, seeks authority from the U.S. Bankruptcy
Court for the Northern District of Mississippi to employ the Law
Offices of Craig M. Geno, PLLC, as attorney to the Debtor.

Delta Farm requires Craig M. Geno to:

   a. advise and consult with the Debtor regarding questions
      arising from certain contract negotiations which will occur
      during the operation of business by the Debtor;

   b. evaluate and attack claims of various creditors who may
      assert security interest in the assets and who may seek to
      disturb the continued operation of the business;

   c. appear in, prosecute, or defend suits and proceedings, and
      to take all necessary and proper steps and other matters
      and things involved in or connected with the affairs of the
      estate of the Debtor;

   d. represent the Debtor in court hearings and assist in the
      preparation of contracts, reports, accounts, petitions,
      applications, orders and other papers and documents as may
      be necessary in the bankruptcy proceedings;

   e. advise and consult with the Debtor in connection with any
      reorganization plan which may be proposed in the bankruptcy
      proceedings and any matter concerning the Debtor which
      arise out of or follow the acceptance or consummation of
      such reorganization or its rejection; and

   f. perform such other legal services on behalf of the Debtor
      as they become necessary in the proceeding.

Craig M. Geno will be paid at these hourly rates:

     Partners                     $400
     Associates                   $250
     Paralegals                   $175

Craig M. Geno will be paid a retainer in the amount of $12,500,
including the filing fee.  Craig M. Geno will also be reimbursed
for reasonable out-of-pocket expenses incurred.

Craig M. Geno, partner of the Law Offices of Craig M. Geno, PLLC,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtor and its estates.

Craig M. Geno can be reached at:

     Craig M. Geno, Esq.
     Jarret P. Nichols, Esq.
     LAW OFFICES OF CRAIG M. GENO, PLLC
     587 Highland Colony Parkway
     Ridgeland, MS 39157
     Tel: (601) 427-0048
     Fax: (601) 427-0050
     E-mail: cmgeno@cmgenolaw.com
             jnichols@cmgenolaw.com

              About Delta Farm Services, LLC

Delta Farm Services, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. D. Miss. Case No. 18-12668) on July 11, 2018, listing
$100,001 to $500,000 in assets and $1 million to $10 million in
liabilities.  Judge Jason D Woodard presides over the case.  The
Debtor hired the Law Offices of Craig M. Geno, PLLC.


DIAMOND OFFSHORE: Moody's Cuts CFR & Sr. Unsec. Ratings to 'B2'
---------------------------------------------------------------
Moody's Investors Service downgraded Diamond Offshore Drilling,
Inc.'s Corporate Family Rating and senior unsecured ratings to B2
from Ba3. Diamond's Speculative Grade Liquidity Rating remains
SGL-2 and the rating outlook remains negative.

"The downgrade of Diamond to B2 reflects its expectation that the
company's cash flow and credit metrics will significantly
deteriorate over the remainder of 2018 and 2019," commented Pete
Speer, Moody's Senior Vice President. "Although stronger oil prices
have led to increased contracting activity across the industry, the
substantial oversupply of offshore drilling rigs looks likely to
keep dayrates suppressed and credit metrics weak for several more
years."

Downgrades:

Issuer: Diamond Offshore Drilling, Inc.

Probability of Default Rating, Downgraded to B2-PD from Ba3-PD

Corporate Family Rating, Downgraded to B2 from Ba3

Senior Unsecured Notes, Downgraded to B2 (LGD4) from Ba3 (LGD4)

Outlook Actions:

Issuer: Diamond Offshore Drilling, Inc.

Outlook, Remains Negative

Affirmations:

Issuer: Diamond Offshore Drilling, Inc.

Speculative Grade Liquidity Rating, Affirmed SGL-2

RATINGS RATIONALE

The rating downgrade for Diamond is driven by the continued weak
fundamental conditions for the offshore drilling industry, with the
significant oversupply of rigs keeping market dayrates close to
cash breakeven levels for many rig classes, particularly the latest
generation ultradeepwater drillships. The sustained increase in oil
prices since late 2017 has increased customer tender activity for
offshore rigs as more offshore projects are sanctioned. Still, the
abundant supply of floating rigs makes it probable that Diamond and
its competitors will not regain pricing power for their services
for several more years.

Diamond's B2 CFR is supported by the company's high utilization and
contract coverage for its core fleet and lower debt levels relative
to its peers. The company has recently renegotiated several rig
contracts, obtaining longer terms and higher total cash flows in
exchange for dayrate reductions this year and next. While this will
weaken credit metrics for the remainder of 2018 and 2019, it
provides more cash flow certainty beyond 2019 while keeping the
fleet highly utilized and therefore more competitive than idle
competing rigs in future tenders. The credit profile is also
supported by the company's good liquidity, long-dated debt
maturities, no new rig construction commitments and Loews
Corporation's (A3 stable) controlling ownership interest in
Diamond. Loews has a track record of supporting its subsidiaries
through challenging business conditions, albeit generally on a
temporary basis.

Diamond's SGL-2 rating reflects its expectation that the company
will maintain good liquidity through 2019. At June 30, 2018, the
company had $419 million of cash and marketable securities and full
borrowing availability on its $1.5 billion committed revolving
credit facility. Because of weaker earnings as the higher margin
contracted revenue backlog rolls off, Moody's expects the company
to be modestly free cash flow negative for the remainder of 2018
and 2019 as it funds maintenance capital expenditures. The company
has no senior note maturities until November 2023 when $250 million
of senior notes mature.

The credit facility matures in October 2020, except for $40 million
of commitments that mature in March 2019 and $60 million of
commitments that mature in October 2019. The credit facility
contains a financial maintenance covenant limiting debt to
capitalization to 60%. The credit facility has good headroom for
future compliance with this covenant through 2019. With the sale of
Diamond's last jackup rig completed in July 2018, Moody's does not
expect further meaningful asset sales going forward given the
challenging industry conditions.

The negative outlook reflects the risk that a meaningful and
sustained offshore drilling recovery does not take hold before
Diamond's negative free cash flow increases and its interest
coverage further shrinks. The negative outlook also points to the
risk that the company's senior notes could be downgraded if the
revolving credit facility obtains a priority position in the
capital structure upon its eventual renewal, consistent with the
company's offshore drilling peers. If EBITDA/Interest falls below
1.5x then the ratings could be downgraded. Debt funded acquisitions
or newbuild construction could also result in a ratings downgrade.


An upgrade is unlikely given its expectations for rising financial
leverage over the next few years. If Diamond can achieve sequential
increases in EBITDA in an improving offshore drilling market, with
interest coverage returning above 3x then the ratings could be
upgraded.

The principal methodology used in these ratings was Global Oilfield
Services Industry Rating Methodology published in May 2017.

Diamond Offshore Drilling, Inc. is a global offshore drilling
service contractor headquartered in Houston, Texas.


DOLE FOOD: S&P Raises Issuer Credit Rating to 'B', Outlook Stable
-----------------------------------------------------------------
S&P Global Ratings raised its issuer credit rating on Dole Food Co.
Inc. to 'B' from 'B-' and removed all ratings from CreditWatch,
where they were placed Feb. 1, 2018, with positive implications.
The outlook is stable.

S&P said, "At the same time, we raised our issue-level rating on
the company's $950 million first-lien term loan to 'B' from 'B-'
and its $300 million second-lien 7.25% notes due in 2025 to 'B-'
from 'CCC+'. The recovery rating on the first-lien debt remains
'3', indicating our expectation for meaningful recovery (50%-70%;
rounded estimate: 65%) in the event of a default. The recovery
rating on the second-lien notes remains '5', indicating our
expectation for modest recovery (10%-30%, rounded estimate: 10%) in
the event of a default."

Adjusted debt outstanding as of March 24, 2018, was about $1.93
billion.

The upgrade reflects S&P's expectations that the changes in
governance following the large and potentially growing stake in
Dole by Total Produce has improved Dole's M&G profile.

Historically, Dole's credit profile was constrained by M&G
deficiencies, in particular a lack of board independence and
potential conflicts of creditor interest with controlling
shareholder David Murdock. As part of the agreement with Total
Produce, the Dole board of directors will expand to six members
with equal representation from both companies. The new governance
structure will also require the approval of at least four board
members to implement business and capital allocation strategies.
Moreover, the purchase agreement between Dole's current owners and
Total Produce includes additional call options whereby Total
Produce has the option to take a controlling interest within the
next two years and full ownership before the sixth year. If after
five years Total Produce has not exercised its second call option,
Murdock has the right to promote the sale of Dole to a third party.


S&P said, "The stable outlook reflects our expectation that Dole
will modestly improve its operating performance over the next year
and restore positive free cash flow generation as we expect the
fresh vegetable segment to rebound, barring additional product
recalls. We expect the company to maintain debt to EBITDA in the
low-7x area by fiscal year-end 2018 and reduce leverage below 7x in
2019 from a combination of improved EBITDA and debt reduction from
free cash flow, which should well exceed $20 million in 2019 as
one-time transaction costs do not repeat.  

"We could lower the ratings if operating performance deteriorates
and debt to EBITDA rises above 7.5x for a sustained period. This
could occur if the company experiences another large recall in
fresh fruit or if EBITDA margins fall below 5.5% possibly from much
higher transportation costs or other unforeseen one-time items,
which have plagued the company in the past (such has tax and
litigation costs). We would also lower the ratings if unforeseen
one-time costs or higher working capital keeps FOCF from exceeding
$20 million by 2019.

"Although unlikely, we could consider raising the ratings if the
company sustains stronger operating performance and operates with
leverage below 5x for a sustained period. For this to occur at
current EBITDA, the company would have to apply the majority of its
FOCF to debt repayment for several consecutive years. Because
Dole's cash flows have been significantly compromised over the past
two years by litigation costs, penalty payments and product recall
costs, an upgrade would also require that Dole at least maintain
its run-rate operational performance without any material
shortfalls and without incurring additional unanticipated cash
outflows such as dividends or litigation costs and penalties."


DRW SERVICES: Seeks to Hire Crane Simon as Counsel
--------------------------------------------------
DRW Services, Inc., and its debtor-affiliates seek authority from
the U.S. Bankruptcy Court for the Northern District of Illinois to
employ Crane Simon Clar & Dan, as counsel to the Debtors.

DRW Services requires Crane Simon to:

   a. prepare necessary applications, motions, answers, orders,
      adversary proceedings, reports and other legal papers for
      presentation to the Bankruptcy Court;

   b. provide the Debtors advice with respect to their rights and
      duties involving its property as well as their
      reorganization efforts herein;

   c. appear in court and to litigate any issues, when necessary;
      and

   d. perform any and all other legal services that may be
      required from time to time in the ordinary course of the
      Debtors' business during the administration of these
      bankruptcy cases.

Crane Simon will be paid at the hourly rates of $400-$510.

Crane Simon received a pre-petition retainer from the Debtors, paid
by Robert L. Gurin, in the total amount of $30,000. The firm
applied the sum of $8,730 for pre-petition fees and expenses
leaving a balance of $21,270, held in the firm's trust account.

Crane Simon will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Arthur G. Simon, partner of Crane Simon Clar & Dan, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Crane Simon can be reached at:

     Arthur G. Simon, Esq.
     Scott R. Clar, Esq.
     David L. Kane, Esq.
     CRANE SIMON CLAR & DAN
     135 S. LaSalle Street, Suite 3705
     Chicago, IL 60603
     Tel: (312) 641-6777

              About DRW Services, Inc.

DRW Services, Inc. filed a Chapter 11 bankruptcy petition (Bankr.
N.D. Ill. Case No. 18-18995) on July 5, 2018.  The DRW Services
case is jointly administered with the case of RLG & Son's, LLC
(Case No. 18-bk-18998).

DRW listed under $50,000 in assets and $1 million to $10 million in
liabilities.

The Debtors hired Crane Simon Clar & Dan, as counsel.


DRY EYE COMPANY: Hires Wells and Jarvis as Counsel
--------------------------------------------------
The Dry Eye Company, LLC, seeks approval from the Bankruptcy Court
to hire Wells and Jarvis, P.S., as bankruptcy attorneys.

The Firm is expected to assist the Debtor in:

  (a) the preparation of records and reports as required by the
      Bankruptcy Rules, Interim Bankruptcy Rules and the Local
      Bankruptcy Rules;

  (b) the preparation of applications and proposed orders to be
      submitted to the court;

  (c) the identification and prosecution of claims and causes of
      action assertable by Applicant on behalf of the estate;

  (d) performing its other official functions; and

  (e) protecting and preserving the assets of the estate from the
      claims of secured creditors.

Attorney Jeffrey B. Wells currently charges $360 per hour, attorney
Emily Jarvis currently charges $360 per hour, and $150 per hour is
billed for paralegal time.

The parties agreed upon an initial advance fee of $6,717 (based on
an attorney fee of $5,000 and $1,717 to cover the chapter 11 filing
fee).

The Firm do not have any connection with the Debtor, any other
party-in-interest, or respective attorneys or accountants, and
represent no interest adverse to the Debtor's estate in the matters
upon which it is to be retained, according to court filings.

The Firm can be reached at:

     Wells and Jarvis, P.S.
     502 Logan Building
     500 Union Street
     Seattle, WA 98101-2332
     Tel No: (206)624-0088
     Fax No: (206)624-0086

                     About Dry Eye Company

The Dry Eye Company, LLC filed a Chapter 11 petition (Bankr. W.D.
Wash. Case No. 18-12353), on June 14, 2018.  In the petition signed
by Rebecca E. Petris, managing member, the Debtor estimated $50,000
to $100,000 in assets and $100,000 to $500,000 in liabilities.
Emily A. Jarvis, Esq., of Wells and Jarvis, P.S., is the Debtor's
counsel.


EAT FIT GO: Voluntary Chapter 11 Case Summary
---------------------------------------------
Affiliated companies that have filed voluntary petitions seeking
relief under Chapter 11 of the Bankruptcy Code:

     Debtor                                        Case No.
     ------                                        --------
     Eat Fit Go Healthy Foods, LLC (Lead Case)     18-81127
     8877 S. 137th Cir, Suite 1
     Omaha, NE 68138

     Eat Fit Go Arizona Kitchen, LLC               18-81121
     Eat Fit Go Georgia Kitchen, LLC               18-81122
     Eat Fit Go Healthy Foods - Des Moines, LLC    18-81123
     Eat Fit Go Healthy Foods - Kansas City, LLC   18-81124
     Eat Fit Go Healthy Foods - Minnesota, LLC     18-81125
     Eat Fit Go Healthy Foods - Omaha, LLC         18-81126
     Eat Fit Go Kansas City Kitchen, LLC           18-81128
     Eat Fit Go Omaha Kitchen, LLC                 18-81129
     EFG Shared Services, LLC                      18-81130

Business Description: Founded in 2015, Debtors provide chef-made
                      meals that are made fresh daily, never
                      frozen, low in sodium, high in protein, and
                      allergy-friendly.  The Debtors' business
                      operations offer a one stop shopping where a
                      customer can purchase breakfast, lunch,
                      dinner, and snacks that are pre-cooked,
                      pre-portioned, ready-to-eat meals.

Chapter 11 Petition Date: July 31, 2018

Court: United States Bankruptcy Court
       District of Nebraska (Omaha Office)

Judge: Hon. Thomas L. Saladino

Debtors' Counsel: Patrick Raymond Turner, Esq.
                  STINSON LEONARD STREET LLP
                  1299 Farnam Street, Suite 1500
                  Omaha, NE 68102
                  Tel: (402) 342-1700
                  Fax: (402) 829-8736
                  Email: patrick.turner@stinsonleonard.com
                         patrick.turner@stinson.com

                                         Estimated    Estimated
                                           Assets    Liabilities
                                        -----------  -----------
Eat Fit Go Healthy Foods, LLC           $500K to $1M  $500K to $1M
Eat Fit Go Arizona Kitchen              $500K to $1M  $500K to $1M
Eat Fit Go Georgia Kitchen              $500K to $1M  $500K to $1M
Eat Fit Go Healthy Foods - Des Moines   $500K to $1M  $500K to $1M
Eat Fit Go Healthy Foods - Kansas City  $500K to $1M  $500K to $1M
Eat Fit Go Healthy Foods - Minnesota    $500K to $1M  $500K to $1M
Eat Fit Go Healthy Foods - Omaha        $500K to $1M  $500K to $1M
EFG Shared Services                     $500K to $1M  $500K to $1M

The petitions were signed by Jenifer Cain, CEO.

The Debtors stated they have no unsecured creditors.

Full-text copies of the petitions is available for free at:

          http://bankrupt.com/misc/neb18-81127.pdf
          http://bankrupt.com/misc/neb18-81121.pdf
          http://bankrupt.com/misc/neb18-81122.pdf
          http://bankrupt.com/misc/neb18-81123.pdf
          http://bankrupt.com/misc/neb18-81124.pdf
          http://bankrupt.com/misc/neb18-81125.pdf
          http://bankrupt.com/misc/neb18-81126.pdf
          http://bankrupt.com/misc/neb18-81130.pdf


EMERALD GRANDE: Hires CBRE Inc. as Real Estate Broker
-----------------------------------------------------
Emerald Grande, LLC, seeks authority from the U.S. Bankruptcy Court
for the Northern District of West Virginia to employ CBRE, Inc., as
real estate broker to the Debtor.

Emerald Grande requires CBRE Inc. to market and sell the following
real properties of the Debtor:

   a. La Quinta Inns & Suites located at 101 Crossings Shopping
      Mall, Elkview, West Virginia; and

   b. La Quinta Inns & Suites located at 106 Merchants Walk
      Shopping CE, Summersville, West Virginia.

CBRE Inc. will be paid a commission of 3% of the sales price.

Jeffrey Ackerman, managing director of CBRE, Inc., assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

CBRE Inc. can be reached at:

     Jeffrey Ackerman
     CBRE, INC.
     600 Grant Street, Suite 4800
     Pittsburgh, PA 15219
     Tel: (412) 471-9500

              About Emerald Grande, LLC

Emerald Grande, LLC, owns and operates two hotel properties, the La
Quinta Inn and Suites adjacent to the Elkview Crossings Shopping
Mall, in Elkview, West Virginia; and the La Quinta Inn and Suites
adjacent to the Merchants Walk Shopping Mall, in Summersville, West
Virginia. It also owns a real estate development in Charleston
(Kanawha City), West Virginia.

Emerald Grande filed a Chapter 11 petition (Bankr. N.D. W.Va. Case
No. 17-00021) on Jan. 11, 2017. The petition was signed by William
A. Abruzzino, managing member. The case is assigned to Judge
Patrick M. Flatley.

The Debtor estimated assets and liabilities at $10 million to $50
million at the time of the filing. The Debtor is represented by
Steven L. Thomas, Esq., at Kay, Casto & Chaney PLLC. The Debtor
employs Woomer, Nistendirk & Associates PLLC as accountant; and
Realcorp, LLC as broker, with Jon Cavendish serving as the listing
agent, to market and sell its property in Kanawha County, West
Virginia.

No official committee of unsecured creditors has been appointed.


FAIRBANKS COMPANY: Files Chapter 11 to Resolve Asbestos Claims
--------------------------------------------------------------
The Fairbanks Company disclosed that it filed a voluntary petition
for reorganization on July 31 under chapter 11 of the U.S.
Bankruptcy Code in the United States Bankruptcy Court for the
Northern District of Georgia, Rome Division, for the purpose of
resolving all existing and future personal injury and wrongful
death claims arising from alleged exposure to asbestos-containing
products produced and sold by Fairbanks more than 40 years ago.

For decades, Fairbanks has been a defendant in thousands of
personal injury lawsuits arising out of its alleged manufacture and
distribution of a line of asbestos-containing bronze and iron
valves from its Binghamton, New York, facility dating back to the
early 1900's.  Fairbanks never produced or distributed
asbestos-containing products from its facility in Rome, Georgia.
With this filing, Fairbanks joins over 100 other companies that
have filed for bankruptcy protection over the years as a result of
asbestos-related litigation.  The asbestos lawsuits are the sole
reason for the action taken by Fairbanks.

After decades in the tort system, Fairbanks is confident that the
action taken will enable it to continue to thrive as a company and
as an employer, while at the same time establish an asbestos
personal injury trust for the purpose of valuing, resolving, and,
if eligible, paying, current and future asbestos-related claims
against Fairbanks in a fair and efficient manner.

                       About Fairbanks

Incorporated in 1891, Fairbanks is a Georgia corporation that
manufactures customized material handling equipment in its more
than 200,000 square foot manufacturing and warehousing facility
located in Rome, Georgia.  Fairbanks uses modern processing
technologies, including robotic welding and electrostatic power
coating, to manufacture its complete line of premier casters,
wheels, hand trucks, platform trucks, and dollies, used mostly by
industrial plants, institutions, and truck lines.  With its modern
manufacturing capabilities and engineering design department,
Fairbanks is able to produce customized material handling equipment
to satisfy the specific needs of its customers.


FETCH ACQUISITION: Moody's Affirms B2 CFR, Outlook Stable
---------------------------------------------------------
Moody's Investors Service affirmed Fetch Acquisition LLC's B2
Corporate Family Rating (CFR) and B2-PD Probability of Default
Rating. Moody's also affirmed the B1 revolver and term loan rating.


The affirmation reflects Moody's expectation that demand for pet
products will continue to grow at a rate exceeding 3% per year and
that the company's revenue growth will match or exceed this rate.
It also reflects Moody's expectation that the company will maintain
good liquidity and reduce debt/EBITDA to below 6.0 times within two
years.

Moody's affirmed the following ratings:

  - Corporate Family Rating at B2

  - Probability of Default Rating at B2-PD

  - $30 mil. secured first lien revolving credit facility at B1
(LGD3)

  - $232.5 million secured first lien term loan due 2024 at B1
(LGD3)

  - $31 million secured first lien term loan due 2024 at B1 (LGD3)

The ratings outlook is stable.

RATINGS RATIONALE

Fetch's B2 CFR reflects its small scale and aggressive financial
policy. Its small scale heightens operational risk because the
company is largely reliant on one manufacturing facility. Financial
policy is aggressive with pro forma debt to EBITDA exceeding 7
times. The rating also reflects solid growth prospects of the
durable pet products market in which it operates and its domestic
manufacturing and vertical integration which gives it a competitive
cost advantage.

The stable ratings outlook incorporates Moody's expectation that
financial leverage will decrease but remain high, that sales will
grow along with the industry, and that liquidity will be good, with
free cash flow remaining positive.

The ratings could be upgraded if the company meaningfully increases
its scale and diversity, demonstrates a more conservative financial
policy, and sustains debt/EBITDA below 5.0 times.

The ratings could be downgraded if industry conditions weaken,
operating performance deteriorates, there are debt financed
acquisitions or cash distributions to equity holders, or if Moody's
does not expect debt/EBITDA to decline below 6.0 times by June 30,
2020.

Fetch Acquisition LLC owns Petmate Holdings. Fetch has no
operations apart from Petmate. Petmate produces and sells various
durable pet products in the United States including carriers,
shelters, feeding & watering products, cat waste management
products, toys, and more. Fetch is indirectly owned by private
equity firm Olympus Partners. Petmate's annual revenue is around
$280 million pro forma for the March 2018 Gamma2 acquisition.


FITNESS FACTORY: Seeks to Hire Sheila Durant as Attorney
--------------------------------------------------------
Fitness Factory Bowie, LLC, seeks authority from the U.S.
Bankruptcy Court for the District of Maryland to employ the Law
Office of Sheila Durant, as attorney to the Debtor.

Fitness Factory requires Sheila Durant to:

   a. give the Debtor legal advice with respect to its powers
      and duties as Debtor-in-Possession;

   c. prepare, as necessary, applications, answers, orders,
      reports and other legal papers filed by the Debtor;
      and

   d. prepare a Disclosure Statement and a Plan of
      Reorganization; and, perform all other services for
      the Debtor which may be necessary herein.

Sheila Durant will be paid at these hourly rates:

     Attorneys                 $375
     Paralegals                $125

Sheila Durant will be paid a retainer in the amount of $5,000.

Sheila Durant will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Sheila Durant, partner of the Law Office of Sheila Durant, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Sheila Durant can be reached at:

     Sheila Durant, Esq.
     LAW OFFICE OF SHEILA DURANT
     201 N Charles Street, Suite 600
     Baltimore, MD 21201
     Tel: (410) 599-7610
     Fax: (301) 576-7603 fax
     E-mail: durantsheila@gmail.com

              About Fitness Factory Bowie, LLC

Fitness Factory Bowie, LLC filed a Chapter 7 petition on May 18,
2018.  The case was later converted into Chapter 11 bankruptcy
petition (Bankr. D. Md. Case No. 18-16767).  The Debtor hired the
Law Office of Sheila Durant, as attorney to the Debtor.  Judge
Thomas J Catliota presides over the case.


GPS HOSPITALITY: S&P Discontinues Ratings as Deal Does Not Close
----------------------------------------------------------------
S&P Global Ratings said that it has discontinued all ratings on GPS
Hospitality Holding Co. LLC as an originally contemplated
transaction did not close. This includes the 'B-' issuer credit
rating, 'B+' issue-level rating on the proposed super priority
revolver, and 'B-' issue-level rating on the proposed first-lien
term loan.

  RATINGS LIST

  Ratings Withdrawn
                                        To            From
  GPS Hospitality Holding Co. LLC
   Issuer Credit Rating                 NR            B-/Stable

  GPS Hospitality Holding Co. LLC
   Senior Secured                       NR            B+
    Recovery Rating                     NR            1(95%)
   Senior Secured                       NR            B-
    Recovery Rating                     NR            3(55%)


HERITAGE HOME: August 8 Meeting Set to Form Creditors' Panel
------------------------------------------------------------
Andy Vara, Acting United States Trustee for Region 3, will hold an
organizational meeting on August 8, 2018, at 10:00 a.m. in the
bankruptcy case of Heritage Home Group LLC, et al.

The meeting will be held at:

     Delaware State Bar Association
     405 King Street, 2nd Floor
     Wilmington, Delaware 19801

The sole purpose of the meeting will be to form a committee or
committees of unsecured creditors in the Debtors' case.

The organizational meeting is not the meeting of creditors pursuant
to Section 341 of the Bankruptcy Code.  A representative of the
Debtor, however, may attend the Organizational Meeting, and provide
background information regarding the bankruptcy cases.

To increase participation in the Chapter 11 proceeding, Section
1102 of the Bankruptcy Code requires that the United States Trustee
appoint a committee of unsecured creditors as soon as practicable.
The Committee ordinarily consists of the persons, willing to serve,
that hold the seven largest unsecured claims against the debtor of
the kinds represented on the committee.

Section 1103 of the Bankruptcy Code provides that the Committee may
consult with the debtor, investigate the debtor and its business
operations and participate in the formulation of a plan of
reorganization.  The Committee may also perform other services as
are in the interests of the unsecured creditors whom it
represents.

                 About Heritage Home Group LLC

Heritage Home Group LLC -- http://www.heritagehome.com/-- designs,
manufactures, sources and retails home furnishings.  The company
markets its products through a wide range of channels, including
its own Thomasville retail stores and through interior designers,
multi-line or independent retailers and mass merchant stores.  It
was formed by an affiliate of KPS Capital Partners, LP in November
2013 to acquire the brand portfolio and certain related assets of
Furniture Brands International, Inc.

Heritage Home Group and its affiliates sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D. Del. Case Nos.
18-11736 to 18-11740) on July 29, 2018.

In the petitions signed by Robert D. Albergotti, chief
restructuring officer, Heritage Home Group disclosed that it had
estimated assets of $100 million to $500 million and liabilities of
$100 million to $500 million.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP as their
legal counsel; Houlihan Lokey Capital, Inc. as their investment
banker; and Kurtzman Carson Consultants LLC as claims and noticing
agent.


HGIM CORP: S&P Assigns 'B-' Issuer Credit Rating, Outlook Stable
----------------------------------------------------------------
S&P Global Ratings assigned its 'B-' issuer credit rating to HGIM
Corp. The outlook is stable.

At the same time, S&P assigned a 'B' issue-level rating to the
company's $350 million first-lien term loan. The recovery rating on
this debt is '2', indicating S&P's expectation for substantial
(70%-90%; rounded estimate: 85%) recovery in the event of a payment
default.

The 'B-' issuer credit rating on New Orleans-based HGIM reflects
the company's still-elevated debt leverage following its debt
restructuring and emergence from Chapter 11 of the Bankruptcy Code,
combined with a continued weak, but stable, outlook for the
deepwater offshore oilfield services industry. This is coupled with
S&P's view that HGIM's midsize fleet lacks the scale as well as
market and geographic diversity needed to offset more volatile
market conditions in the Gulf of Mexico, which continues to lag
onshore plays despite the significant improvement in crude oil
prices.

S&P said, "The stable outlook reflects our expectation that despite
low fleet utilization rates, HGIM will maintain adequate liquidity,
supported by low capital spending and contracted revenue that
should allow for positive free cash flow. The outlook also is based
on our expectation that market conditions in the Gulf of Mexico
have stabilized, albeit at trough levels and are not expected to
meaningfully improve until the back half of 2019 into 2020,
supporting a modest improvement in core ratios over this period.

"We could lower the rating if liquidity weakens and we expect that
covenant compliance will be in jeopardy, most likely due to a
retreat in crude oil prices that results in a fall in offshore
drilling activity by E&P companies. Similarly, weaker-than-expected
vessel utilization and dayrates that lead to debt leverage at
levels we consider unsustainable, which could result in a
downgrade.

"Although we consider an upgrade unlikely over the next 12 months,
we could raise ratings if the company's vessel utilization and
dayrates increase sufficiently beyond our expectations to the
extent that FFO to debt exceeds 12% for a sustained period. This
could occur if conditions in the offshore E&P industry improve more
rapidly than we anticipate, increasing demand for offshore
services."


HOLLYWOOD ONE: Seeks to Hire Brown Brown as Special Counsel
-----------------------------------------------------------
Hollywood One, LLC, seeks authority from the U.S. Bankruptcy Court
for the Southern District of Florida to employ Brown Brown and
Young, P.A., as special Maryland real estate counsel to the
Debtor.

Hollywood One requires Brown Brown to advise the Debtor as to
complex Maryland real estate issues that have arisen in connection
with the real properties of the Debtor, including, but not being
limited to, property tax issues, the issuance of tax deed
certificates and the pending issues with Harford County.

Brown Brown will be paid at the hourly rate of $295.

The Debtor owned Brown Brown the amount of $8,409 for previous
legal work performed on behalf of the Debtor.

Brown Brown will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Albert J.A. Young, partner of Brown Brown and Young, P.A., assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Brown Brown can be reached at:

     Albert J.A. Young, Esq.
     BROWN BROWN AND YOUNG, P.A.
     200 S. Main St.
     Bel Air, MD 21014
     Tel: (410) 838-5500

              About Hollywood One, LLC

Hollywood One LLC is the owner of multiple parcels of undeveloped
land and two residential condominium units in Harford County,
Maryland. Hollywood One filed a Chapter 11 bankruptcy petition
(Bankr. S.D. Fla. Case No. 17-13739) on March 28, 2017, estimating
less than $1 million in both assets and liabilities.

The Debtor hired Genovese Joblove & Battista. P.A. as legal
counsel, replacing Hoffman Larin & Agnetti, P.A.; Brown Brown and
Young, P.A, as special counsel; Newpoint Advisors Corporation as
accountant; and The Regional Team of Keller Williams American
Premier Realty as its real estate broker.


HUNT OIL: S&P Affirms 'BB-' ICR & Alters Outlook To Stable
----------------------------------------------------------
S&P Global Ratings affirmed its 'BB-' issuer credit rating on
Dallas-based Hunt Oil Co. At the same time, S&P revised its outlook
on the rating to stable from negative.

S&P said, "The affirmation reflects our revised projections for
2018 and 2019, including production growth from the company's U.S.
shale assets, proceeds from recent asset sales, and our commodity
price assumptions. Although distributions from the Yemen LNG
project, in which Hunt holds a 17.22% interest, used to represent a
significant portion of the company's cash flow, operations at this
facility have been shut down since mid-2015 due to armed conflict
in the country. Because it is still unclear when operations will
resume, we have assumed that Hunt will receive no distributions
from the project in 2018 and 2019. On the other hand, we believe
Hunt's long-lived Peruvian assets will continue to provide stable
production and low development risk opportunities. Finally, we
expect increased drilling activity in the company's onshore U.S.
assets to bolster oil production and cash flows. Under these
assumptions, we expect credit measures to strengthen in 2018 and
2019 to an adequate level for the rating.  

"The stable outlook reflects our expectation that FFO to debt will
improve and remain in the 20% to 30% over the next two years. While
we do not expect the company to receive any distributions from its
Yemen LNG project in that timeframe, we forecast that production
from Hunt's US assets will increase and support cash flow as the
company develops its Permian and Bakken assets.

"We could lower the rating if we expect FFO to debt to fall and
remain well below 20% for a sustained period. This would most
likely occur if commodity prices fell below our base case
assumptions and the company did not take steps to reduce capital
outlays, or if the company's contributions to operating expenses
and debt service in Yemen were higher than expected.

"We could raise the rating if we expect credit measures to improve
such that FFO improves substantially above 30% on a sustained
basis. Such a scenario could occur if commodity prices remain
stable and the company continues to increase production from its
U.S. onshore assets successfully."



HUSA INC: Seeks to Hire Main Auction as Auctioneer
--------------------------------------------------
HUSA, Inc., and its debtor-affiliates seek authority from the U.S.
Bankruptcy Court for the Southern District of Texas to employ Main
Auction Services, Inc., as Auctioneer to the Debtor, Sherlock's
USA, Inc.

HUSA, Inc. requires Main Auction to auction, sell, and market
Sherlock's USA's restaurant/pub equipment.

Main Auction will be paid a commission of 38% of the gross sales.

Michelle Faucon, manager of Main Auction Services, Inc., assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Main Auction can be reached at:

     Michelle Faucon
     MAIN AUCTION SERVICES, INC.
     1718 West Main Street
     Grand Prairie, TX 75050
     Tel: (972) 642-0513

              About HUSA, Inc.

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

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


IE INC: Seeks to Hire Goodman Law as Bankruptcy Counsel
-------------------------------------------------------
iE, Inc., seeks authority from the U.S. Bankruptcy Court for the
Central District of California to employ Goodman Law Offices, A
Professional Corporation, as general bankruptcy counsel to the
Debtor.

iE, Inc. requires Goodman Law to:

   a. advise the Debtor on the requirements of the Bankruptcy
      Code, the Federal Rules of Bankruptcy procedure, the Local
      Bankruptcy Rules and the requirements of the United States
      Trustee pertaining to the administration of the Debtor's
      estate;

   b. prepare motions, applications, answers, orders, memoranda,
      reports and papers in connection with the administration of
      the Estate;

   c. protect and preserve the Estate by prosecuting and
      defending actions commenced by or against the Debtor in the
      Bankruptcy Court and analyzing and preparing necessary
      objections to, proofs of claim filed against the Estate;

   d. investigate and prosecute preference, fraudulent transfer
      and other activities arising under the Debtor's avoiding
      powers;

   e. advise the Debtor with respect to any sale and disposition
      of assets;

   f. advise the Debtor with respect to obligations under any
      unexpired leases and executory contracts;

   g. prepare the Debtor's plan; and

   h. render other advice and services as the Debtor may require
      in connection with the Case.

Goodman Law will be paid at the hourly rate of $395.

Goodman Law received a pre-petition retainer of $26,717, including
the filing fee, of which $3,000 was paid on March 16, 2018 to the
firm for consultation work. Prior to the filing of the petition,
Goodman Law incurred fees and expenses totaling $9,498. As of the
filing of the petition, the firm has a balance of $17,219, held in
its trust account.

Goodman Law will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Andrew Goodman, some member of Goodman Law Offices, A Professional
Corporation, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

Goodman Law can be reached at:

     Andrew Goodman, Esq.
     GOODMAN LAW OFFICES, APC
     6345 Balboa Blvd., Suite I-300
     Encino, CA 91316
     Phones: 818-827-5169
     Fax: 818-975-5256
     Email: agoodman@andyglaw.com

              About iE, Inc.

iE, Inc. filed a Chapter 11 bankruptcy petition (Bankr. C.D. Cal.
Case No. 9:18-11181) on July 20, 2018, listing $500,001 to $1
million in both assets and liabilities.  The Debtor hired Goodman
Law Offices, APC, as general bankruptcy counsel.


INSTITUCION AMOR: Taps Wilfredo Vegas as Accountant
---------------------------------------------------
Institucion Amor Real Corp seeks authority from the Bankruptcy
Court to employ Wilfredo Gonzalez Vega, CPA, as accountants.

The Debtor proposes to pay Mr. Vega a fee of $100 per hour.

Mr. Vega does not represent an interest adverse to that of the
estate and is a disinterested person as defined in Sec. 101(14) of
the Bankruptcy Code, according to court filings.

              About Institucion Amor Real Corp.

Institucion Amor Real Corporation filed a Chapter 11 petition
(Bankr. D. P.R. Case No. 18-01737) on March 29, 2018.  In the
petition signed by Jose A. Santiago, its president, the Debtor
estimated at least $50,000 in assets and $100,000 to $500,000 in
liabilities.  Judge Edward A. Godoy is the case judge.  Nydia
Gonzalez Ortiz, Esq., at Santiago & Gonzalez, is the Debtor's
counsel.


INTEGRAL INVESTMENTS: Hires Jonathan V. Goodman as Counsel
----------------------------------------------------------
Integral Investments Prospect, LLC, seeks authority from the U.S.
Bankruptcy Court for the Eastern District of Wisconsin to employ
the Law Offices of Jonathan V. Goodman, as counsel to the Debtor.

Integral Investments requires Jonathan V. Goodman to:

   a. give the Debtor legal advice with respect to its powers and
      duties as debtor-in-possession;

   b. prepare on behalf of the Debtor as debtor-in-possession,
      necessary applications, answers, reports, and other legal
      papers;

   c. prepare a disclosure statement, plan of reorganization, and
      obtain approval of the disclosure statement and the plan or
      plans of reorganization; and

   d. perform other legal services to the Debtor, which may be
      necessary.

Jonathan V. Goodman will be paid at these hourly rates:

     Principal                  $450
     Law Clerks                 $100

Prior to the filing of the petition, Jonathan V. Goodman received
$2,000 from the Debtor on June 16, 2018, in relation to the state
court proceedings. On July 20, 2018, the Debtor paid $5,000 as
retainer.

Jonathan V. Goodman will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Jonathan V. Goodman, partner of the Law Offices of Jonathan V.
Goodman, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

Jonathan V. Goodman can be reached at:

     Jonathan V. Goodman, Esq.
     LAW OFFICES OF JONATHAN V. GOODMAN
     788 N. Jefferson Street, Suite 707
     Milwaukee, WI 53202
     Tel: (414) 276-6760
     Fax: (414) 287-1199
     E-mail: Derek@goodmanlaw.com

            About Integral Investments Prospect, LLC

Integral Investments Prospect, LLC, based in Milwaukee, WI, filed a
Chapter 11 petition (Bankr. W.D. Wis. Case No. 18-27174) on July
25, 2018.  The Hon. Michael G. Halfenger presides over the case.
Jonathan V. Goodman, Esq., at the Law Offices of Jonathan V.
Goodman, serves as bankruptcy counsel.

In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities.  The petition was signed by Donald J.
Gral, member of manager.



IWORLD OF TRAVEL: May Use Cash Collateral on Final Basis
--------------------------------------------------------
The Hon. John K. Olson of the U.S. Bankruptcy Court for the
Southern District of Florida has entered a final order authorizing
IWorld of Travel, Ltd., to use cash collateral in accordance with
the Amended Budget.

The Debtor is authorized to exceed the amounts set forth in the
Amended Budget by the sum of 110% of the disbursement projected for
such week in the Amended Budget. The approved Amended Budget
provides total monthly operating cost of approximately $73,902.

The cash collateral will be utilized solely for the ordinary course
of business and quarterly U.S. Trustee fees.  However, the Debtor
is prohibited from paying any attorneys' fees or costs absent
further Order of the Court.

The secured creditor, The Estate of Abraham Ady Gelbe, will be
entitled to a replacement on its collateral to the extent such lien
existed prepetition.

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

         http://bankrupt.com/misc/flsb18-16485-41.pdf

                   About iWorld of Travel

iWorld of Travel, Ltd., f/d/b/a Isram Wholesale Tours & Travel,
Ltd. -- https://www.iworldoftravel.com/ -- is a tour operator.  The
company concentrates primarily on four brands: Latour, for Latin
America; EuropeToo, for Europe and Morocco; Asian Vistas for Asia
and Belder Gray for Egypt, Jordan and the Middle East. Isram World
of Travel was founded in 1967.

IWorld of Travel, Ltd., based in Fort Lauderdale, Florida, filed a
Chapter 11 petition (Bankr. S.D. Fla. Case No. 18-16485) on May 30,
2018.  In the petition signed by Richard Krieger, its president,
the Debtor disclosed $63,435 in assets and $3.18 million in
liabilities. The Hon. John K Olson presides over the case.  Thomas
L. Abrams, Esq., at Gamberg & Abrams, serves as bankruptcy counsel
to the Debtor.


KALEIDOSCOPE CHARTER: S&P Cuts Rating on 2014A/B Bonds to BB
------------------------------------------------------------
S&P Global Ratings lowered its rating on Otsego, Minn.'s series
2014A charter school lease revenue bonds and series 2014B taxable
charter school lease revenue bonds, issued for Kaleidoscope Charter
School (Kaleidoscope), to 'BB' from 'BB+'. The outlook is stable.

"The downgrade reflects Kaleidoscope's 7.5% decline in enrollment
in fall 2017, which was contrary to our expectations for moderate
growth," said S&P Global Ratings credit analyst Luke Gildner. We
understand fiscal 2018 operating performance has suffered due to
the decline in enrollment and that a debt service coverage covenant
violation is anticipated. We believe these credit characteristics
are more in line with the lower rating.  

"The stable outlook reflects our opinion that enrollment will
likely grow modestly in fall 2018, operations will likely return to
break-even results in fiscal 2019, and MADS coverage will return to
above 1x within the outlook period," Mr. Gildner added.
"We also anticipate liquidity remaining consistent with the rating
level and the school avoiding additional debt in the near term."

S&P said, "We assessed Kaleidoscope's enterprise profile as
adequate, characterized by a history of growing enrollment prior to
the 2017-2018 school year; academics in-line with the state and
district standards; and a fairly stable management team. The recent
decline in enrollment and the school's very thin waitlist are
factors constraining the enterprise profile. We assessed
Kaleidoscope's financial profile as vulnerable with volatile
operating margins and high debt, albeit somewhat offset by solid
days' cash on hand. We believe that combined, these credit factors
lead to an indicative standalone credit profile of 'bb' and final
rating of 'BB'."


LA STEEL SERVICES: Seeks to Hire Worley Law as Special Counsel
--------------------------------------------------------------
LA Steel Services, Inc., seeks authority from the U.S. Bankruptcy
Court for the Central District of California to employ Worley Law
P.C., as special counsel to the Debtor.

LA Steel Services requires Worley Law to:

   1. advise and assist the Debtor with respect to construction
      and contractor related factual or legal issues that may
      arise in the bankruptcy case;

   2. advise and assist the Debtor with communication with
      general contractors and owners regarding compliance with
      contract terms and applicable law, and to assist in the
      prosecution and negotiation of claims of the Debtor for
      additional compensation or change orders, as applicable;

   3. advise and assist the Debtor related to claims which may
      be asserted by suppliers, vendors and subcontractors,
      including claims of PSG and claims which the Debtor has
      against Pacific Steel Group;

   4. perform any and all other legal services incident and
      necessary as the Debtor may require of the Firm as
      special counsel.

Worley Law will be paid at these hourly rates:

     Kirsten A. Worley, Attorney             $375
     David Johnson, Attorney                 $375
     Jessica Dolan, Paralegal                $125

Worley Law will be paid a retainer in the amount of $25,000.
Worley Law will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Kirsten A. Worley, partner of Worley Law P.C., assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Worley Law can be reached at:

     Kirsten A. Worley, Esq.
     WORLEY LAW P.C.
     1572 Second Ave.
     San Diego, CA 92101
     Tel: (619) 550-1004

              About LA Steel Services, Inc.

LA Steel Services, Inc. -- http://www.lasteelservices.com/-- is a
construction company in Corona, California, specializing in heavy
highway and bridge construction and public or civil works
infrastructure. It also offers reinforcing steel design
consultations, value engineering, and constructability review.

LA Steel Services sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. C.D. Cal. Case No. 18-15841) on July 12,
2018.  In the petition signed by Pamela Lee Albright, president,
the Debtor disclosed $5.15 million in assets and $3.51 million in
liabilities.  Judge Mark D. Houle presides over the case.


LACH ROUM: Seeks to Hire Stephen Murphy as Special Counsel
----------------------------------------------------------
Lach Roum, LLC, seeks authority from the U.S. Bankruptcy Court for
the Eastern District of Pennsylvania to employ Stephen Murphy,
Esq., as special counsel to the Debtor.

Lach Roum requires Stephen Murphy to assist the Debtor in the
retention and administration of its liquor license in the
Commonwealth of Pennsylvania Liquor Control Board.

Stephen Murphy will be paid at the hourly rate of $400.

Stephen Murphy will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Stephen Murphy assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

Stephen Murphy can be reached at:

     Stephen Murphy, Esq.
     155 Gather Drive, Suite B
     Mount Laurel, NJ 08054
     Tel: (215) 866-5005

              About Lach Roum, LLC

Lach Roum, LLC, d/b/a Spring Garden Beverage, is a food-service
distributor in Philadelphia, Pennsylvania.  Lach Roum filed a
Chapter 11 petition (Bankr. E.D. Pa. Case No. 18-13330) on May 18,
2018, listing under $1 million in both assets and liabilities.  The
case is assigned to Judge Ashely M. Chan.  Jonathan H. Stanwood,
Esq., at Law Office of Jonathan H. Stanwood, LLC, is the Debtor's
counsel.


LIGHTSTONE HOLDCO: S&P Affirms 'BB-' Rating on Term Loan B Debt
---------------------------------------------------------------
S&P Global Ratings affirmed its 'BB-' rating on Lightstone HoldCo
LLC's $1.925 billion term loan B, $100 million term loan C, and
$100 million revolver. S&P said, "Our recovery rating is revised to
'2' from '1', reflecting our expectation of substantial (70%-90%;
rounded estimate: 70%) recovery in the event of default. The
outlook is stable."

S&P said, "The affirmation of our 'BB-' rating on Lightstone
reflects S&P Global Ratings' updated base-case assumptions
following an analysis of cost-reduction initiatives and the
project's sound operational performance in 2017. The project
announced its intention to issue an additional $300 million in debt
and to seek an amendment to distribute this amount, along with $75
million in cash from the balance sheet, to sponsors The Blackstone
Group LP and Arclight Capital Partners. Additionally, the sponsors
plan to amend the cash flow sweep mechanism to the greater of 75%
of excess cash flow or to a target debt balance, a reduction from
the current (and more credit supportive) 100% cash flow sweep
structure. While the increase in debt lowers our minimum expected
DSCR, it is partially offset by revisions to some of our base-case
assumptions. Namely, Gavin's cost of coal is materially lower than
previously anticipated, and we expect capital spending programs to
have a material impact on Gavin's and Lawrenceburg's variable cost
structures.

"The stable outlook reflects our expectation for sound operational
performance at all four plants, minimum DSCRs above 1.35x
throughout the life of the assets, and power prices that do not
decline materially from our expectations.

"We could lower the rating if the minimum DSCR fell below 1.3x on a
sustained basis over the assumed refinance tenor. This would likely
be caused by a sustained drop in power prices, unplanned
operational outages, and higher debt outstanding at refinancing.
This would likely also coincide with a weaker downside case in
which the project fails to meet financial obligations for more than
three years.

"While unlikely in the near term, we could raise the rating if
minimum DSCRs materially improved above 1.55x on a sustained basis
and downside performance improved materially. This could be driven
by higher-than-expected capacity payments in uncleared periods or
higher spark spreads."


LONGFIN CORP: Henry Wang Quits as Director
------------------------------------------
Henry Wang, an independent director of the Board of Directors of
Longfin Corp. and the chairman of Compensation Committee and member
of the Audit committee and Nominating and Governance Committee
thereof, notified the Company of his resignation from the Company's
Board of Directors, effective July 27, 2018.  There were no
disagreements between Henry Wang and the Company, as disclosed in a
For 8-K filed with the Securities and Exchange Commission.

The Board subsequently appointed Dr. Avinash Karingam 42, as a
member of the Board, which appointment occurred on July 27, 2018,
immediately following Henry Wang' resignation.  Dr. Avinash
Karingam will also serve as chairman of Compensation Committee and
member of the Audit committee and Nominating and Governance
Committee in place of Henry Wang.

Avinash Karingam holds a PhD in Applied Mathematics (Fluid
Dynamics) and research experience in quantitative financial and
computational engineering.  He has specialized in quantitative
models, product management and quantitative risk management.
Avinash Karingam has spent considerable time in developing alfa
generating High frequency trading (HFT) models on various asset
classes such as Indices, Currencies, Commodities and Equities,
under the framework of Money Management and Risk Management.

                        About Longfin

Longfin Corp (LFIN) is a US-based, global finance and technology
company ("FINTECH") powered by artificial intelligence (AI) and
machine learning.  The Company, through its wholly-owned
subsidiary, Longfin Tradex Pte. Ltd, delivers FX and alternative
finance solutions to importers/exporters and SME's.  Ziddu.com
owned by the company is the only marketplace for smart contracts on
the Ethereum blockchain.  Ziddu Ethereum ERC20 blockchain Token
uses a technology stack in which Smart Contracts run in distributed
virtual machines, intended to provide solutions to warehouse /
international trade financing, micro-lending, FX OTC derivatives,
bullion finance, and structured products.  Currently, the company
has operations in Singapore, Dubai, New York and India.

For the period from Feb. 1, 2017 (inception) through Dec. 31, 2017,
Longfin incurred a net loss of $26.36 million.  As of Dec. 31,
2017, Longfin had $178.25 million in total assets, $39.29 million
in total liabilities and $138.96 million in total stockholders'
equity.

The report from the Company's independent accounting firm
CohnReznick LLP, in Roseland, New Jersey, on the consolidated
financial statements for the year ended Dec. 31, 2017, includes an
explanatory paragraph stating that the Company has limited
operating history and the continuation of the Company as a going
concern is dependent upon the ability of the Company to obtain
financing and the attainment of profitable operations.  These
conditions raise substantial doubt about the Company's ability to
continue as a going concern.

The Securities and Exchange Commission had obtained a court order
freezing more than $27 million in trading proceeds from allegedly
illegal distributions and sales of restricted shares of Longfin
Corp. stock involving the company, its CEO, and three other
affiliated individuals.  A federal judge in Manhattan unsealed the
SEC's complaint on April 6, 2018.  

Longfin announced in a press release dated April 24, 2018 that on
April 23, 2018, Judge Denise L. Cote vacated the Temporary
Restraining Order Freezing Assets and Granting Other Relief, which
was entered on April 4, with respect to LongFin Corp. and Venkat
Meenavalli.  The Securities and Exchange Commission requested that
the Court vacate the order with respect to LongFin and Mr.
Meenavalli, which was consistent with the SEC's position before the
Court on Friday, April 20, 2018.

Longfin Corp. received a notice on April 18, 2018, from the NASDAQ
Stock Market LLC, indicating that the Company does not comply with
the NASDAQ Listing Rule 5250(c)(1) due to the Company not having
included the signatures of a majority of the members of its Board
of Directors in its Annual Report on Form 10-K for the year ended
Dec. 31, 2017 that it filed with the SEC on April 2, 2018.


MERCURY PARENT: S&P Assigns 'B' Corp. Credit Rating, Outlook Stable
-------------------------------------------------------------------
S&P Global Ratings assigned its 'B' corporate credit rating Mercury
Parent LLC (dba Matrix Medical Network). The outlook is stable.

S&P said, "The ratings on Matrix reflects our view that despite the
company's leading market position in the CHA industry, business
risk is constrained by the company's focus in this narrow niche.
For this reason, we view regulatory risk from the CMS as a key
credit risk because any changes to the required frequency of health
assessments or regulatory changes that increased costs to Matrix or
its customers could have a meaningful impact on operating results.

"The stable rating outlook on Matrix reflects our view that the
company will successfully manage through the integration process
while generating annual discretionary cash flow of about $30
million. It also reflects our expectation that CMS will continue to
support the use of data generated from in-home health assessments
to support risk adjustments, and that regulatory changes will not
adversely affect Matrix's business model. We believe the financial
sponsor will prioritize business expansion and diversification over
deleveraging, and expect Matrix to sustain leverage between 4x-5x."


MOOD MEDIA: S&P Lowers ICR to to 'CCC+', Outlook Negative
---------------------------------------------------------
S&P Global Ratings lowered its issuer credit rating on U.S.-based
in-store media company Mood Media Corp. to 'CCC+' from 'B-'. The
outlook is negative.

S&P said, "At the same time, we lowered our issue-level rating on
Mood Media's senior secured second-lien cash and payment-in-kind
(PIK) notes due 2024 to 'CCC'. The recovery rating on this debt
remains '5', indicating our expectation for modest (10%-30%;
rounded estimate: 15%) recovery of principal in the event of
default.

"The downgrade reflects our view that Mood Media's capital
structure is unsustainable due to continued operating challenges in
the company's business and high leverage. We believe that the
company would have limited ability to grow revenues and margins
sufficiently to offset its elevated debt burden, which will likely
continue to increase due to the accretion of PIK interest on its
second-lien notes. Furthermore, we believe that the company's free
operating cash flows will likely remain negligible for the next few
years due to its high level of fixed charges and significant
capital spending needs.

"The negative outlook reflects Mood Media's high debt burden and
our expectation that free operating cash flow generation will be
negligible over the next 12 months. We believe these trends
heighten refinancing risk and leads to uncertainty around the
long-term viability of the company's capital structure. The outlook
also reflects ongoing challenges facing the company, in particular
weakness due to the persistent secular pressures in
brick-and-mortar end markets.

"We could lower the rating if we expect that the company could
default over the next 12 months likely due to a meaningful decline
in operating performance absorbing liquidity such that the company
is unable to meet its fixed charges or if we expect that the
company would pursue a distressed exchange to address its high debt
burden. Violation of financial covenants over the next 12 months
where we consider a covenant amendment as unlikely could also
result in a downgrade.

"Although unlikely over the next year, we could raise the rating on
Mood Media to 'B-' if the company is able to achieve meaningful
revenue and EBITDA growth such that free operating cash flows
exceed $15 million per year and we expect leverage to decline to
the 5x range while the company maintains sufficient liquidity."



NATIONAL MANAGEMENT: Committee Hires Broege Neumann as Attorney
---------------------------------------------------------------
The Official Committee of Unsecured Creditors of National
Management and Preservation Services, LLC d/b/a National Field
Network, seeks authorization from the U.S. Bankruptcy Court for the
District of New Jersey to retain Broege Neumann Fischer & Shaver,
L.L.C., as attorney to the Committee.

The Committee requires Broege Neumann to:

   -- represent the Committee in the Chapter 11 case;

   -- perform investigations and analysis of the Debtor's
      financial affairs and business operations; and

   -- review and advise on any Proposed Chapter 11 Plans and
      Disclosure Statements to be filed by the Debtor.

Broege Neumann will be paid at these hourly rates:

     Attorneys                  $375-$500
     Law Clerks                 $75

Broege Neumann will also be reimbursed for reasonable out-of-pocket
expenses incurred.

David E. Shaver, partner of Broege Neumann Fischer & Shaver,
L.L.C., assured the Court that the firm is a "disinterested person"
as the term is defined in Section 101(14) of the Bankruptcy Code
and (a) is not creditors, equity security holders or insiders of
the Debtor; (b) has not been, within two years before the date of
the filing of the Debtor's chapter 11 petition, directors, officers
or employees of the Debtor; and (c) does not have an interest
materially adverse to the interest of the estate or of any class of
creditors or equity security holders, by reason of any direct or
indirect relationship to, connection with, or interest in, the
Debtor, or for any other reason.

Broege Neumann can be reached at:

     David E. Shaver, Esq.
     BROEGE NEUMANN FISCHER
     & SHAVER, L.L.C.
     25 Abe Voorhees Drive
     Manasquan, NJ 08736
     Tel: (732) 223-8484

           About National Management and Preservation
           Services, LLC d/b/a National Field Network

Based in Red Bank, New Jersey, National Management and Preservation
Services LLC -- http://www.nationalfieldnetwork.com/-- provides
management services on a contract or fee basis.

Petitioning creditors Garden State Property Services, Inc., The
Cole Team, Inc., and Eleuteria Sandra Hering filed a Chapter 7
petition against National Management (Bankr. D.N.J. Case No.
18-16859) on April 6, 2018.  The Chapter 7 case was converted to a
case under Chapter 11 of the Bankruptcy Code on April 25, 2018.

The petitioning creditors are represented by David E. Shaver, Esq.,
at Broege, Neumann, Fischer & Shaver, in Manasquan, New Jersey.

Brian L. Baker, Esq., and Chad Brian Friedman, Esq., at Ravin
Greenberg, LLC, in Newark, New Jersey, serve as counsel to the
Debtor.


NATIONSTAR MORTGAGE: Moody's Assigns B2 CFR, Outlook Stable
-----------------------------------------------------------
Moody's Investors Service assigned a corporate family rating of B2,
with a stable outlook to Nationstar Mortgage Holdings Inc. Upon the
July 31 consummation of the merger between Nationstar and Wand
Merger Corporation, Nationstar assumed the obligations of Wand,
including the $1.7 billion of senior unsecured notes due 2023 and
2026 issued by Wand on June 26, which have an upstream guarantee
from Nationstar Mortgage LLC, Nationstar's operating subsidiary. In
the same rating action, Moody's also affirmed the B2 ratings, with
a stable outlook for the senior unsecured notes of Wand and the
senior unsecured notes of Nationstar Mortgage LLC. In connection
with the assignment of the corporate family rating to Nationstar,
Moody's withdrew the corporate family ratings of Wand and
Nationstar Mortgage LLC, as it is Moody's practice to assign a
corporate family rating to the senior most entity of a corporate
family.

Assignments:

Issuer: Nationstar Mortgage Holdings Inc.

Corporate Family Rating, Assigned B2

Outlook Actions:

Issuer: Nationstar Mortgage Holdings Inc.

Outlook, Assigned Stable

Issuer: Nationstar Mortgage LLC

Outlook, Changed To No Outlook From Stable

Issuer: Wand Merger Corporation

Outlook, Changed To No Outlook From Stable

Affirmations:

Issuer: Nationstar Mortgage LLC

Backed Senior Unsecured Regular Bond/Debenture Affirmed B2, Stable


Issuer: Wand Merger Corporation

Backed Senior Unsecured Regular Bond/Debenture Affirmed B2,
Assigned Stable

Withdrawals:

Issuer: Nationstar Mortgage LLC

Corporate Family Rating Withdrawn , previously rated B2, stable

Issuer: Wand Merger Corporation

Corporate Family Rating Withdrawn , previously rated B2, stable

RATINGS RATIONALE

On February 13, 2018, Nationstar Mortgage Holdings Inc. and WMIH
Corp., Wand's wholly owned parent, announced their agreement to
merge. The proceeds of Nationstar's unsecured bond offering were
used to fund the merger of Nationstar Mortgage Holdings Inc. and
its subsidiaries, including Nationstar Mortgage LLC, with WMIH.
Wand was formed for the sole purpose of completing the acquisition
and, at the closing of the acquisition, was merged with and into
Nationstar Mortgage Holdings Inc., with Nationstar Mortgage
Holdings Inc. surviving the merger.

The B2 ratings reflect Nationstar's fundamental credit profile and
the company's position in the U.S. residential mortgage servicing
market, constrained profitability, moderate financial leverage and
the growth of its servicing portfolio, which is mitigated by its
solid track record of acquiring and integrating residential
mortgage servicing assets.

The stable rating outlook reflects its expectation that Nationstar
will be able to maintain its solid servicing performance and reap
the financial benefits of its larger servicing portfolio. It also
reflects Moody's expectation that Nationstar's core profitability
(which excludes changes in the value of mortgage servicing rights)
will improve modestly and that the company will be able to maintain
its leverage.

The ratings could be upgraded if the company demonstrates
sustainable improvement in its financial performance, such as
consistently achieving core pretax income to total assets of more
than 1.5%, while maintaining its servicing performance and
franchise value.

The ratings could be downgraded if the company's financial
performance materially deteriorates, for example, if core pretax
income to assets falls to less than .75% for an extended period of
time. In addition, the ratings could be downgraded in the event of
material negative regulatory actions.

Nationstar Mortgage Holdings Inc. is a provider of residential loan
servicing and origination, and is currently the third largest
residential mortgage servicer in the US with a servicing portfolio
totaling $500.4 billion in unpaid principal balance (UPB) as of
March 31, 2018.


NEBRASKA BOOK: Completes Balance Sheet Restructuring
----------------------------------------------------
Nebraska Book Holdings, Inc. (NBC) on July 31 disclosed that it has
successfully completed the restructuring of its balance sheet
eliminating the substantial majority of its legacy long-term debt.
Going forward the company will have a capital structure that will
enable growth and profitability.  This was accomplished by NBC's
major debt holders converting their remaining debt to equity and
through a new Asset Based Loan facility from Callidus Capital
Corporation.  On or before October 1, 2018, NBC intends to redeem
all remaining notes, fully eliminating its legacy long-term debt.

                      About Nebraska Book

Lincoln, Nebraska-based Nebraska Book Company, Inc., is one of the
leading providers of new and used textbooks for college students in
the United States.  Nebraska Book and seven affiliates filed
separate Chapter 11 petitions (Bankr. D. Del. Case Nos. 11-12002 to
11-12009) on June 27, 2011.  The Hon. Peter J. Walsh presides over
the case.  Lawyers at Kirkland & Ellis LLP and Pachulski Stang
Ziehl & Jones LLP, served as the Debtors' bankruptcy counsel.  The
Debtors' restructuring advisors were AlixPartners LLC; the
investment bankers were Rothschild, Inc.; the auditors were
Deloitte & Touche LLP; and the claims agent was Kurtzman Carson
Consultants LLC.  As of the Petition Date, the Debtors had
consolidated assets of $657,215,757 and debts of $563,973,688.

JPMorgan Chase Bank N.A., as administrative agent for the DIP
lenders, was represented by lawyers at Richards, Layton & Finger,
P.A., and Simpson Thacher & Bartlett LLP.  J.P. Morgan Investment
Management Inc., the DIP arranger, was represented by lawyers at
Bayard, P.A., and Willkie Farr & Gallagher LLP.  An ad hoc
committee of holders of more than 50% of the Debtors' Second Lien
Notes was represented by lawyers at Brown Rudnick.  An ad hoc
committee of holders of the Debtors' 8.625% unsecured notes were
represented by Milbank, Tweed, Hadley & McCloy LLP.

The Official Committee of Unsecured Creditors selected Lowenstein
Sandler LLP and Stevens & Lee, P.C., as lawyers and Mesirow
Financial Inc. as financial advisers.

As reported by the Troubled Company Reporter on July 5, 2012,
Richard Piersol at Lincoln Journal Star reported that Nebraska Book
Co. Inc. emerged from Chapter 11 bankruptcy, smaller, less
debt-ridden and under new ownership, but with a commitment to renew
aggressive growth in the tough and changing world of college
retailing.

                     *     *     *

The Troubled Company Reporter, on April 1, 2016, reported that
Standard & Poor's Ratings Services lowered its corporate credit
rating on Nebraska Book Holdings Inc. to 'CC' from 'CCC'.  The
outlook is negative.  At the same time, S&P lowered its issue-level
rating on the company's $110 million senior secured notes due 2016
to 'CC' from 'CCC-', and revised the recovery rating to '6' from
'5', indicating S&P's belief that lenders could expect negligible
recovery (0% to 10%) in the event of payment default.  The
downgrades resulted from Nebraska Book Holdings' announcement that
it has launched an exchange offer for its $110 million senior
secured notes due June 2016.  If completed, the transaction would,
among other things, exchange existing senior secured notes for
convertible senior unsecured notes, extend the maturity by 10
years, lower cash interest expense, and include a PIK interest
feature.  The offer, in S&P's view, implied that investors will
receive less value than the promise of the original securities.
The negative outlook reflected S&P's view that Nebraska Book
Holdings would enter into a distressed exchange or default on its
financial obligations.


NEIGHBORS LEGACY: Hires Houlihan Lokey as Investment Banker
-----------------------------------------------------------
Neighbors Legacy Holdings, Inc., and its debtor-affiliates seek
authority from the U.S. Bankruptcy Court for the Southern District
of Texas to employ Houlihan Lokey Capital, Inc., as investment
bankers to the Debtors.

Neighbors Legacy requires Houlihan Lokey to:

   (a) assist the Debtors in the development and distribution of
       selected information, documents and other materials,
       including, if appropriate, advise the Debtors in the
       preparation of an offering memorandum;

   (b) assist the Debtors in evaluating indications of interest
       and proposals regarding any Transactions from current
       lenders, equity investors, acquirers and/or strategic
       partners;

   (c) assist the Debtors with the negotiations of any
       Transactions, including to participate in negotiations
       with creditors and other parties involved in any
       Transactions;

   (d) provide expert advice and testimony regarding financial
       matters related to any Transactions;

   (e) attend meetings of the Debtors' Board of Directors,
       creditor groups, official constituencies and other
       interested parties, as the Debtors and Houlihan Lokey
       mutually agree;

   (f) provide regular updates to the Debtors' senior secured
       lenders and their agent, KeyBank National Association
       (collectively, the "Senior Lenders"); and

   (g) provide such other financial advisory and investment
       banking services as may be required by the Debtors.

Houlihan Lokey will be paid as follows:

   (a) Monthly Fees. In addition to the other fees provided for
       in the Engagement Agreement, upon the second day of each
       month during the term of the Engagement Agreement, the
       Debtors shall pay Houlihan Lokey in advance, without
       notice or invoice, a nonrefundable cash fee of $75,000
       (the "Monthly Fee"). Each Monthly Fee shall be earned upon
       Houlihan Lokey's receipt thereof in consideration of
       Houlihan Lokey accepting this engagement and performing
       services as described herein. Beginning with the third
       Monthly Fee, fifty-percent (50%) of the Monthly Fees
       previously paid on a timely basis to Houlihan Lokey shall
       be credited against the next Transaction Fee to which
       Houlihan Lokey becomes entitled hereunder (it being
       understood and agreed that no Monthly Fee shall be
       credited more than once), except that, in no event, shall
       such Restructuring Transaction Fee be reduced below zero;

   (b) Transaction Fees. In addition to the other fees provided
       for herein, the Company will pay Houlihan Lokey these
       Transaction Fees:

         i.     Restructuring Transaction Fees. Upon the earlier
                to occur of: (I) in the case of an out-of-court
                Restructuring Transaction, the closing of such
                Restructuring Transaction; and (II) in the case
                of an in-court Restructuring Transaction, the
                date of confirmation of a plan of reorganization
                or liquidation under Chapter 11 of the U.S.
                Bankruptcy Code, Houlihan Lokey shall earn, and
                the Debtors shall promptly pay to Houlihan Lokey,
                a cash fee (the "Restructuring Transaction
                Fee") of $500,000, provided; however, if 50% or
                more of the Senior Lenders as of the Effective
                Date, sell their claim (as measured by a
                percentage of the credit facility commitment
                amount) prior to as part of such Transaction,
                the Restructuring Transaction Fee Shall be
                $850,000; and

         ii.    Sale Transaction Fee. Upon the closing of each
                Sale Transaction, Houlihan Lokey shall earn, and
                the Debtors shall thereupon pay immediately and
                directly from the gross proceeds of such Sale
                Transaction, as a cost of such Sale Transaction,
                a cash fee (the "Sale Transaction Fee") equal to
                the sum of: (a) $850,000 (the "Base Fee"); plus
                (b) 2.5% of the Aggregate Gross Consideration
                (the "AGC") between $60 million and $80 million;
                plus (c) 5% of the AGC in excess of $80 million.
                If more than one Sale Transaction is consummated,
                Houlihan Lokey shall be compensated based on the
                AGC from all Sale Transactions, calculated in the
                manner set forth above; subject, however, to a
                Base Fee of $125,000 for the second and each
                subsequent Sale Transaction (the "Subsequent Base
                Fee"). Notwithstanding the foregoing, to the
                extent that a Sale Transaction is consummated
                relating only to the Debtors' facilities in which
                no buyer other than a single buyer party
                comprised solely of the Debtors' management,
                board members or physicians (or group thereof)
                submitted a non-binding indication of interest on
                any such facility or facilities (an "Orphan
                Facility"), there shall be no Subsequent Base Fee
                (if applicable) for such Sale Transaction
                involving an Orphan Facility, unless, the Debtors
                request that Houlihan Lokey be involved in the
                negotiation, documentation, diligence, testimony,
                or other directly related activity to the Sale
                Transaction of the Orphan Facility and then
                whereby such Subsequent Base Fee for the
                applicable Sale Transaction shall be $125,000.
                Notwithstanding the Sale Transaction Fee that is
                earned pursuant a subsequent Sale Transaction as
                set forth in the foregoing paragraph, the Sale
                Transaction Fee paid to Houlihan Lokey at the
                time of a subsequent Sale Transaction closing
                shall not exceed 10% of the AGC of such Sale
                Transaction, including any accrued but unpaid
                Rollover Payments, if any.  The portion, if any,
                of a Sale Transaction Fee earned under this
                Agreement but not paid pursuant to the
                immediately preceding sentence (the "Rollover
                Payment") shall be accrued and paid to Houlihan
                Lokey at the closing of the next Transaction.

         iii.   Credit Bid. Notwithstanding the foregoing, if
                some or all of the Senior Lenders, as buyers,
                consummate a Sale Transaction as a result of the
                Senior Lenders credit bidding all, or a portion,
                of the claims held by such Senior Lenders (a
                "Credit Bid"), the Sale Transaction Fee for such
                Sale Transaction shall be $500,000, provided
                further, however, if 50% or more of the Senior
                Lenders as of the Effective Date sell their claim
                (as measured by percentage of the credit facility
                commitment amount) prior to or as part of such
                Sale Transaction, there shall be no modification
                to the Sale Transaction Fee (i.e., the Base Fee
                shall be equal to $850,000 plus if applicable,
                the incentive component structure set forth in
                3(iii)(b)(ii) and 3(iii)(b)(iii) of the
                Engagement Agreement).

Prior to the commencement of these chapter 11 cases, the Debtors
paid Houlihan Lokey $594,464.42, consisting of $575,000 in fees for
services rendered and $19,464.42 in expenses.

Houlihan Lokey will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Andrew Turnbull, partner of Houlihan Lokey Capital, Inc., assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Houlihan Lokey can be reached at:

     Andrew Turnbull
     HOULIHAN LOKEY CAPITAL, INC.
     111 South Wacker Dr., 37th Floor
     Chicago, IL 60606
     Tel: (312) 456-4700
     Fax: (312) 346-0951

           About Neighbors Legacy Holdings, Inc.

Neighbors Legacy Holdings -- http://www.neighborshealth.com/-- and
its subsidiaries currently operate 22 freestanding emergency
centers throughout the State of Texas, including in the greater
Houston area, South Texas, El Paso, the Golden Triangle, the
Panhandle, and the Permian Basin. The Emergency Centers are
designed to offer an attractive alternative to traditional hospital
emergency rooms by reducing wait times, providing better working
conditions for physicians and staff, and giving patient care the
highest possible priority. The Debtors were founded in Houston in
2008 by nine emergency room physicians.

EDMG, LLC, Neighbors Legacy Holdings and several affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.
Tex. Lead Case No. 18-33836) on July 12, 2018.  In the petition
signed by Chad J. Shandler, its chief restructuring officer, the
Debtor disclosed less than $50,000 in assets and less than $50,000
in liabilities.

Judge Marvin Isgur presides over the cases.  John F Higgins, IV,
Esq., at Porter Hedges LLP, serves as counsel to the Debtors.  They
hired Houlihan Lokey Capital, Inc., as investment bankers.

Henry Hobbs, Jr., acting U.S. Trustee for Region 7, on July 23
appointed five creditors to serve on the official committee of
unsecured creditors in the Chapter 11 cases of Neighbors Legacy
Holdings Inc. and its affiliates.


NEIGHBORS LEGACY: Hires Shandler of CohnReznick as CRO
------------------------------------------------------
Neighbors Legacy Holdings, Inc., and its debtor-affiliates seek
authority from the U.S. Bankruptcy Court for the Southern District
of Texas to employ Chad J. Shandler of CohnReznick LLP, as chief
restructuring officer to the Debtors.

Neighbors Legacy requires CohnReznick LLP to:

   (a) lead efforts to formulate a Plan of Reorganization, pursue
       potential causes of action, reconcile and resolve claims
       against the Debtors, and take other such actions as are
       necessary to close this bankruptcy matter;

   (b) approve all aspects of cash receipts and disbursements,
       including but not limited to weekly and monthly cash
       management reports, determination of cash requirements for
       payment of accounts payable, periodic payroll, and other
       operating expenses, and all reporting;

   (c) direct the preparation of a rolling 13-week cash flow
       projection, analyze historical cash disbursements and
       receipts and results of operation to determine the
       reasonableness of projected cash flows and short term cash
       needs;

   (d) ensure that the Debtors can prepare timely and accurate
       monthly/weekly financial and operating data to assist in
       improving the visibility of the quantitative results of
       the operations in order to assist in improving decision
       making;

   (e) direct the preparation of a multi-year financial
       projection and analyze historical results of operations to
       determine the reasonableness of forecasted results;

   (f) ensure that the Debtors can prepare timely and accurate
       monthly/weekly financial and operating data to assist in
       improving the visibility of the quantitative results of
       the Debtors operations in order to assist in improving
       decision making;

   (g) work with management to develop a plan to restructure the
       Debtors' unfavorable long term leases and commence
       negotiations with lessors with the assistance of the
       Debtors' counsel;

   (h) develop an action plan and discuss the plan with the
       Board, counsel, creditors and/or governmental authorities
       as instructed by the Board;

   (i) assist in the assembly of financial information to be
       issued relating to the sales of assets and business as
       required;

   (j) meet with management, the Board, counsel, creditors,
       governmental authorities and other parties, as necessary;

   (k) communicate with the Debtors' creditors and governmental
       authorities, the general direction for which will be
       determined by the Board;

   (l) assist the Debtors and their management in the
       negotiations with the Debtors' commercial lessors and
       lenders, including without limitation, equipment lessors,
       equipment finance companies and the Debtors' commercial
       bank lenders; and

   (m) perform such other services as directed by the Board and
       mutually agreed to by CohnReznick.

CohnReznick LLP will be paid as follows:

   -- a monthly, non-refundable advisory fee of $120,000 for the
      CRO's services;

   -- a fee of $2,000 per day for a Representative to serve as
      the Debtors' Interim Director, Practice Management; and

   --  a completion fee of $250,000 payable upon either (a) the
       confirmation of a plan of reorganization or liquidation;
       (b) the sale of substantially all assets of the Debtors;
       or (c) restructuring of obligations under the Credit
       Agreement. Additionally, the amount of the Retainer was
       increased to $200,000.

CohnReznick LLP will be paid a retainer in the amount of $200,000.
CohnReznick LLP will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Chad J. Shandler, partner of CohnReznick LLP, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtors and their estates.

CohnReznick LLP can be reached at:

     Chad J. Shandler
     COHNREZNICK LLP
     816 Congress Avenue, Suite 200
     Austin, TX 78701
     Tel: (512) 494-9100

           About Neighbors Legacy Holdings, Inc.

Neighbors Legacy Holdings -- http://www.neighborshealth.com/-- and
its subsidiaries currently operate 22 freestanding emergency
centers throughout the State of Texas, including in the greater
Houston area, South Texas, El Paso, the Golden Triangle, the
Panhandle, and the Permian Basin. The Emergency Centers are
designed to offer an attractive alternative to traditional hospital
emergency rooms by reducing wait times, providing better working
conditions for physicians and staff, and giving patient care the
highest possible priority. The Debtors were founded in Houston in
2008 by nine emergency room physicians.

EDMG, LLC, Neighbors Legacy Holdings and several affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.
Tex. Lead Case No. 18-33836) on July 12, 2018.  In the petition
signed by Chad J. Shandler, its chief restructuring officer, the
Debtor disclosed less than $50,000 in assets and less than $50,000
in liabilities.  Shandler is with CohnReznick LLP.


Judge Marvin Isgur presides over the cases.  John F Higgins, IV,
Esq., at Porter Hedges LLP, serves as counsel to the Debtors.  They
hired Houlihan Lokey Capital, Inc., as investment bankers.

Henry Hobbs, Jr., acting U.S. Trustee for Region 7, on July 23
appointed five creditors to serve on the official committee of
unsecured creditors in the Chapter 11 cases of Neighbors Legacy
Holdings Inc. and its affiliates.


NORDAM GROUP: U.S. Trustee Forms 7-Member Committee
---------------------------------------------------
Andrew Vara, acting U.S. trustee for Region 3, on August 1
appointed seven creditors to serve on the official committee of
unsecured creditors in the Chapter 11 case of The NORDAM Group,
Inc.

The committee members are:

     (1) Hexcel Corporation
         Attn: Gail Lehman
         281 Tresser Blvd., 16th Floor
         Stamford, CT 06901
         Phone: 203-352-6841
         Fax: 203-358-3972

     (2) Infosys Limited
         Attn: Frank Clark
         1 World Trade Center
         285 Fulton St., 79th Floor
         New York, NY 10007
         Phone: 510-402-3765

     (3) Cytec Engineering Materials, Inc.
         Attn: Kim Sears
         504 Carnegie Ctr.
         Princeton, NJ 08540
         Phone: 609-860-3186
         Fax: 609-860-2244

     (4) KLX, Inc.
         Attn: Jerrad Brenzikofer
         1300 Corporate Center Way
         Welling, FL 33414
         Phone: 561-383-5100

     (5) Pryer Aerospace LLc – Tulsa
         Attn: Jeff Landreth
         2230 N. Sheridan Road
         Tulsa, OK 74155
         Phone: 316-613-1926

     (6) Eaton Corporation
         Attn: Hilary Rule
         1000 Eaton Blvd., Mail Code 4N
         Cleveland, OH 44122
         Phone: 440-523-4119
         Fax: 440-523-3433

     (7) TNT Machine, Inc.
         Attn: Steve Terchune, Kr.,
         1300 S. Bebe
         Wichita, KS 67106
         Phone: 316-440-6004
         Fax: 316-945-0475

Official creditors' committees have the right to employ legal and
accounting professionals and financial advisors, at a debtor's
expense. They may investigate the debtor's business and financial
affairs. Importantly, official committees serve as fiduciaries to
the general population of creditors they represent.

                        About Nordam Group

Founded in 1969 on family values with multiple,
strategically-located operations and customer support facilities
around the world, Tulsa-based NORDAM is a leading independently
owned aerospace company.  The firm designs, certifies and
manufactures integrated propulsion systems, nacelles and thrust
reversers for business jets; builds composite aircraft structures,
interior shells, custom cabinetry and radomes; and manufactures
aircraft transparencies, such as cabin windows, wing-tip lens
assemblies and flight deck windows.  NORDAM also is a major
third-party provider of maintenance, repair and overhaul services
to the military, commercial airline and air freight markets.

The NORDAM Group, Inc. and certain of its affiliates filed for
Chapter 11 protection (Bankr. D. Del., Lead Case No. 18-11699) on
July 22, 2018.  The petitions were signed by John C. DiDonato,
chief restructuring officer.

The NORDAM Group, Inc. has total estimated assets of $500 million
to $1 billion and total estimated liabilities of $100 million to
$500 million.

The Debtors tapped Weil Gotshal & Manges LLP and Richards, Layton &
Finger, P.A., as counsel; Huron Consulting, LLC as financial
advisor; Guggenheim Securities, LLC as investment banker; and Epiq
Corporate Restructuring, LLC as the claims and noticing agent.


OUTERSTUFF LLC: Moody's Affirms B1 CFR & B2 1st Lien Loan Rating
----------------------------------------------------------------
Moody's Investors Service affirmed Outerstuff LLC's debt ratings,
including its B1 Corporate Family Rating, B1-PD Probability of
Default Rating, and the B2 rating on the Company's senior secured
first lien term loan due 2021. The ratings outlook is stable.

"The affirmation reflects its expectation that Outerstuff's credit
profile will significantly improve over the very near term as new
license businesses, such as with NIKE and the NBA and UMBRO and
Target, continue to ramp up," said Moody's apparel analyst Mike
Zuccaro. "We also expect that the Company will successfully extend
the maturities its ABL revolving credit and factoring agreements
due in June 2019."

Outerstuff's performance weakened over the past year due to a
mutually agreed upon strategic license expiration shifting of this
business to a new arrangement with Nike, who is the new NBA uniform
and apparel provider. When coupled with weaker sales of NFL product
and increased investments in support of planned growth, such as
international expansion, leverage increased to around 5.5x at the
end of 2017. Zuccaro added, "We expect the return to revenue and
EBITDA growth reported in the last two quarters to continue,
leading to significant credit metric improvement by the end of
2018."

Rating actions:

Issuer: Outerstuff LLC

  -- Corporate Family Rating affirmed at B1

  -- Probability of Default Rating affirmed at B1-PD

  -- Senior secured first lien term loan due 2021 affirmed at B2,
to (LGD4) from (LGD5)

Outlook actions:

  -- Outlook remains Stable

RATINGS RATIONALE

The B1 Corporate Family Rating reflects Outerstuff's small revenue
scale, narrow product concentration in licensed children's sports
apparel primarily in the U.S., and reliance on licensing
arrangements from several sports leagues for a significant majority
of revenue. Also considered are key man risk stemming from reliance
on founder and CEO Solomon Werdiger, and risks associated with
private equity ownership and the joint control by management and
the private equity sponsor. While credit metrics are currently
weak, Moody's expects significant improvement over the very near
term as the recent return to revenue and earnings growth related to
new licensing businesses continues. Further support is derived from
the Company's diversification across retail channels, its
entrenched market position related to exclusive license contracts
with the NFL, NBA, NHL, MLB, MLS, and U.S.A. Olympics, which allow
it to sell virtually all children's apparel with the teams' logos,
and Moody's view that the children's licensed sports apparel market
is relatively stable and recession resistant because of its low
fashion risk, natural replenishment cycle and consumers' steady
interest in team sports.

Liquidity is weak, mainly due to the Company's need to extend the
expiration of its $100 million ABL revolving credit and factoring
agreements due June 2019. However, over the next 12 months, Moody's
expects that balance sheet cash and operating cash flow will be
sufficient to cover cash flow needs.

The stable outlook reflects Moody's expectation for continued
revenue and EBITDA growth and significant credit metric
improvement, with leverage falling closer to historical levels and
liquidity improving with the extension of its ABL revolving credit
and factoring facilities by the end of 2018.

The ratings could be downgraded if the Company loses a major
license partner, or if the founder ceases to be involved in a key
executive role without a suitable replacement. Deterioration in
operating performance or liquidity, such as an inability to
refinance its credit and factoring facilities by year end, or more
aggressive financial policies including debt-financed dividend
distributions, could also pressure the ratings. Quantitatively,
ratings could be downgraded if debt/EBITDA is sustained above 4.5
times.

In view of the Company's limited scale and narrow product focus, an
upgrade is unlikely in the near term. A ratings upgrade would
require the Company to maintain stronger financial metrics than
similarly rated peers, increased scale and product diversity, and
reduced dependence on current sports league partners.
Quantitatively, a ratings upgrade would require debt/EBITDA
sustained below 3.0 times while maintaining healthy operating
margins and stability in operating performance.

Outerstuff, LLC ("Outerstuff") is a designer, manufacturer and
marketer of licensed children's sports apparel. The company
generates the majority of its revenues from products sold under
exclusive licenses with the NFL, NBA, NHL, MLB, MLS, U.S.A.
Olympics, Umbro as well as licenses with over 200 NCAA colleges and
universities, and sells to team shops, specialty sports chain
stores, department stores, and mass merchants mainly in the United
States. Since the May 2014 investment by Blackstone, the private
equity sponsor and management have equal equity stakes of
approximately 50% and share control of the company.


PEANUT CO: Hires Carpani and Gordon as Special Tax Counsel
----------------------------------------------------------
The Peanut Co., LLC, and its debtor-affiliates seek authority from
the U.S. Bankruptcy Court for the District of Kansas to employ
Carpani and Gordon, P.A., as special tax counsel to the Debtors.

Peanut Co. requires Carpani and Gordon to provide legal
consultation and advice concerning tax-related matters in the
Bankruptcy Case.

Carpani and Gordon will be paid at these hourly rates:

     Christopher A. Gordon              $325
     Melissa C. Carpani                 $325
     Staff                              $115

Carpani and Gordon will be paid a retainer in the amount of
$5,000.

Carpani and Gordon will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Christopher A. Gordon, partner of Carpani and Gordon, P.A., assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Carpani and Gordon can be reached at:

     Christopher A. Gordon, Esq.
     CARPANI AND GORDON, P.A.
     14109 Overbrook Road, Suite B
     Overland Park, KS 66224
     Tel: (913) 214-5100
     Fax: (913) 214-5191

              About The Peanut Co, LLC

The Peanut Co, LLC, is a privately held company whose principal
assets are located at 7489 W. 161st Overland Park, Kansas.

Peanut Co and its affiliates sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. D. Kan. Case Nos. 18-20850 to 18-20852)
on April 25, 2018.  In the petition signed by Eric Rue Kallevig,
sole member and owner, Peanut Co estimated assets of less than
$50,000 and liabilities of $1 million to $10 million.

The Debtors hired Patton Knipp Dean LLC and Mann Conroy, LLC, as
legal counsel.  Carpani and Gordon, P.A., as special tax counsel.


PEARL MERGER: Moody's Cuts Rating on 2nd Lien Term Loan to Caa2
---------------------------------------------------------------
Moody's Investors Service downgraded the rating of Pearl Merger
Sub, Inc.'s senior secured second lien term loan to Caa2 from Caa1.
Other ratings, including the B3 Corporate Family Rating (CFR),
B3-PD Probability of Default Rating, and senior secured first lien
bank credit facility ratings of B1, and the stable outlook remain
unchanged.

Downgrades:

Issuer: Pearl Merger Sub, Inc.

Senior Secured Second Lien Bank Credit Facility, Downgraded to Caa2
(LGD5) from Caa1 (LGD5)

RATINGS RATIONALE

The downgrade of the second lien term loan reflects the increased
amount of debt ahead of the second lien term loan as a result of
the proposed upsizing of the first lien term loan by $25 million
(to $435 million from $410 million) and downsizing of the second
lien term loan by $20 million (to $115 million from $135 million).
At the time initial ratings were assigned on July 10, 2018, Moody's
noted that a shift in the mix of debt could impact the ratings on
the first and second lien debt. The Caa2 rating on the senior
secured second lien term loan is two notches behind the B3
Corporate Family Rating reflecting its reduced size and junior
position in the capital structure.

Moody's notes that debt service requirements will be more than
anticipated as a result of higher interest rates on the loans and
also increased required first lien term loan amortization, while
OID will result in incremental upfront cash expense. Moody's
acknowledges that the incremental amortization benefits leverage
over time though it also modestly reduces financial flexibility.

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

SIRVA, headquartered in Oakbrook Terrace, Illinois, provides
outsourced relocation and moving services to the corporate,
consumer, and government sectors. Net service revenue for the
twelve months ended March 31, 2018 pro forma for the acquisition
was roughly $650 million (excludes purchased transportation
expenses). The company is being acquired by affiliates of Madison
Dearborn Partners, LLC.


PETE GOULD: Seeks to Hire Paul M. Khoury as Accountant
------------------------------------------------------
Pete Gould & Sons, Inc., seeks authority from the U.S. Bankruptcy
Court for the Southern District of West Virginia to employ Paul M.
Khoury, as accountant to the Debtor.

Pete Gould requires Paul M. Khoury to prepare the Debtor's 2015 and
2016 tax returns.

Paul M. Khoury will be paid at the hourly rate of $175.  Paul M.
Khoury will be paid a retainer in the amount of $2,000.

Paul M. Khoury will also be reimbursed for reasonable out-of-pocket
expenses incurred.

Paul M. Khoury, assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

Paul M. Khoury can be reached at:

     Paul M. Khoury
     616 27th Street
     Vienna, WV 26105
     Tel: (304) 295-0316

              About Pete Gould & Sons, Inc.

Founded in 1966, Pete Gould & Sons, Inc., provides general
contracting services such as constructing water and sewer mains.
Pete Gould & Sons, based in Ravenswood, WV, filed a Chapter 11
petition (Bankr. N.D. W.Va. Case No. 18-20047) on Feb. 5, 2018.  In
the petition signed by Bryan Gould, its member, the Debtor
estimated $1 million to $10 million in both assets and liabilities.
The Hon. Frank W. Volk presides over the case.  Joseph W.
Caldwell, Esq., at Caldwell & Riffee, serves as bankruptcy counsel
to the Debtor.


PJZ TRANSPORT: Seeks to Hire Baumeister Denz as Counsel
-------------------------------------------------------
PJZ Transport Corp., seeks authority from the U.S. Bankruptcy Court
for the Western District of New York to employ Baumeister Denz LLP,
as counsel to the Debtor.

PJZ Transport requires Baumeister Denz to represent and assist the
Debtor, throughout the course of its Chapter 11 proceedings, in
carrying out its duties as debtor-in-possession under the
Bankruptcy Code.

Baumeister Denz will be paid at the hourly rate of $300.
Baumeister Denz will be paid a retainer in the amount of $20,000.

Baumeister Denz will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Arthur G. Baumeister, partner of Baumeister Denz LLP, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Baumeister Denz can be reached at:

     Arthur G. Baumeister, Esq.
     BAUMEISTER DENZ LLP
     174 Franklin Street, Suite 2
     Buffalo, NY 14202
     Tel: (716) 852-1300

              About PJZ Transport Corp.

PJZ Transport Corp. filed a Chapter 11 bankruptcy petition (Bankr.
W.D.N.Y. Case No. 1-18-11355) on July 12, 2018, listing under
$50,000 in assets and between $100,001 to $500,000 in liabilities.
The Debtor hired Baumeister Denz LLP, as counsel.


PLANET INTERMEDIATE: S&P Lowers ICR to 'B+', Outlook Stable
-----------------------------------------------------------
S&P Global Ratings lowered its issuer credit rating on Planet
Intermediate LLC to 'B+' from 'BB-' and removed the rating from
CreditWatch, where S&P placed it with negative implications on July
9, 2018. The outlook is stable.

Subsequently, S&P withdrew its issuer credit rating on Planet
Intermediate LLC at the issuer's request.

S&P said, "At the same time, we withdrew our 'BB-' issue-level
rating and '3' recovery rating on the company's secured credit
facility because the debt has been repaid. The previous credit
facility consisted of an undrawn $75 million revolver that was
scheduled to mature in 2019 and a term loan B with $708 million
outstanding that was scheduled to mature in 2021.

"The one-notch downgrade reflects the significant and sustained
increase in Planet Intermediate's lease-adjusted debt-to-EBITDA
from the low-3x area to around 6x as of the close of the
transaction, which is well above our 5x downgrade threshold for the
'BB-' rating. We assume that the company will use the net proceeds
from the securitization, after repaying existing debt, to return
capital to its shareholders, which management has done periodically
in recent years. We believe Planet Intermediate will sustain
leverage of more than 5x through early 2020 despite our forecast
for good EBITDA and revenue growth, which indicates to us that the
company now has a higher tolerance for risk than we previously
assumed given its prior policy of maintaining leverage of between
3x and 5x.

"The stable outlook on Planet Intermediate at the time of the
withdrawal reflected our expectation that the company would
maintain leverage of between 5x and 6x through early 2020. However,
we will no longer maintain surveillance on the company following
the repayment of its corporate debt and our withdrawal of all
ratings."



PRO-CARE INJURY: Hires William Dunn as Accountant/Receiver
----------------------------------------------------------
Pro-Care Injury & Rehab Centers, Inc., seeks authority from the
U.S. Bankruptcy Court for the Northern District of Texas to employ
William Dunn, as accountant/receiver to the Debtor.

Pro-Care Injury requires William Dunn to provide accounting
services to the Debtor and its estate in the bankruptcy case.

William Dunn will be paid at the hourly rate of $350.  William Dunn
will also be reimbursed for reasonable out-of-pocket expenses
incurred.

William Dunn assured the Court that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code and does not represent any interest adverse to the Debtor and
its estates.

           About Pro-Care Injury & Rehab Centers, Inc.

Pro-Care Injury & Rehab Centers, Inc., is a medical clinic in
Dallas, Texas.  Pro-Care Injury & Rehab Centers filed a voluntary
petition under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Tex.
Case No. 18-31984) on June 12, 2018, estimating under $1 million in
assets and liabilities.  Gregory Wayne Mitchell, Esq., at The
Mitchell Law Firm, L.P., serves as the Debtor's counsel.


RODEO ROOFING: Seeks to Hire Kimel Law as Counsel
-------------------------------------------------
Rodeo Roofing LLC seeks authority from the U.S. Bankruptcy Court
for the Eastern District of Washington to employ Kimel Law Offices
as counsel to the Debtor.

Rodeo Roofing requires Kimel Law to:

   a. prepare the petition and related documents;

   b. prepare the plan and related documents;

   c. represent the Debtor on all bankruptcy matters; and

   d. provide legal services in litigation matters in the
Bankruptcy Court involving bankruptcy law.

Kimel Law will be paid at the hourly rate of $225.  Kimel Law will
also be reimbursed for reasonable out-of-pocket expenses incurred.

Metiner G. Kimel, partner of Kimel Law Offices, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Kimel Law can be reached at:

     Metiner G. Kimel, Esq.
     KIMEL LAW OFFICES
     205 N. 40th Ave., Suite 205
     Yakima, WA 98908
     Tel: (509) 452-1115

              About Rodeo Roofing LLC

Rodeo Roofing LLC, based in Yakima, WA, filed a Chapter 11 petition
(Bankr. E.D. Wash. Case No. 18-02005) on July 16, 2018.  The Hon.
Frank L. Kurtz presides over the case.  Metiner G. Kimel, Esq., at
Kimel Law Offices, serves as bankruptcy counsel.

In its petition, the Debtor estimated $0 to $50,000 in assets and
$1 million to $10 million in liabilities. The petition was signed
by Brian Fleming, president/managing member.


SABIR PROPERTIES: Seeks to Hire Calaiaro Valencik as Counsel
------------------------------------------------------------
Sabir Properties, Inc., seeks authority from the U.S. Bankruptcy
Court for the Western District of Pennsylvania to employ Calaiaro
Valencik as counsel to the Debtor.

Sabir Properties requires Calaiaro Valencik to:

   (a) prepare the bankruptcy petition and attendance at the
       first meeting of creditors;

   (b) represent the Debtor in relation to acceptance or
       rejection of executory contracts;

   (c) advise the Debtor with regard to its rights and
       obligations during the Chapter 11 reorganization;

   (d) advise the Debtor regarding possible preference actions;

   (e) represent the Debtor in relation to any motions to convert
       or dismiss the Chapter 11;

   (f) represent the Debtor in relation to any motions for relief
       from stay filed by creditors;

   (g) prepare the Plan of Reorganization and Disclosure
       Statement;

   (h) prepare any objection to claims in the Chapter 11; and

   (i) pursue the appeal of the Order appointing the receiver
       in Mercer County to the Pennsylvania Superior Court;
       and

   (j) represent the Debtor in general.

Calaiaro Valencik will be paid at these hourly rates:

      Partners                    $350
      Associates                  $250
      Paralegals                  $100

Calaiaro Valencik will be paid a retainer in the amount of $7,500.

Calaiaro Valencik will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Donald R. Calaiaro, partner of Calaiaro Valencik, assured the Court
that the firm is a "disinterested person" as the term is defined in
Section 101(14) of the Bankruptcy Code and does not represent any
interest adverse to the Debtor and its estates.

Calaiaro Valencik can be reached at:

      Donald R. Calaiaro, Esq.
      David Z. Valencik, Esq.
      Michael Kaminski, Esq.
      CALAIARO VALENCIK
      428 Forbes Avenue, Suite 900
      Pittsburgh, PA 15219-1621
      Tel: (412) 232-0930
      E-mail: dcalaiaro@c-vlaw.com
              dvalencik@c-vlaw.com
              mkaminski@c-vlaw.com

              About Sabir Properties, Inc.

Sabir Properties, Inc. filed for Chapter 11 bankruptcy protection
on (Bankr. W.D. Pa. Case No. 18-10652) June 28, 2018, listing $3.3
million in total assets and $2.49 million in total liabilities. The
petition was signed by Shaukat Sindhu, president.

Judge Thomas P. Agresti presides over the case.  Donald R.
Calaiaro, Esq., at Calaiaro Valencik serves as the Debtor's
counsel.


SBA COMMUNICATIONS: S&P Places 'BB-' ICR on CreditWatch Positive
----------------------------------------------------------------
S&P Global Ratings placed all of its ratings on Boca Raton,
Fla.-based SBA Communications Corp. on CreditWatch with positive
implications.

S&P said, "The CreditWatch placement is based on our review of
SBA's business risk profile relative to those of its rated peers
American Tower and Crown Castle. We believe there is a high
likelihood that we will revise our upgrade and downgrade thresholds
for SBA following this review, which could cause us to raise our
issuer credit rating on the company by one notch.

SBA's long-term business prospects, and those of the U.S. tower
industry, are favorable due to ongoing carrier investment in
wireless networks to meet the increasing demand for mobile
connectivity. S&P said, "While the merger of Sprint and T-Mobile,
if approved, could be a headwind, we believe the risk is largely
manageable since the carriers overlap on just 5%-6% of SBA's tower
sites, which leaves only around 4% of SBA's revenue at risk to site
decommissions. Additionally, the remaining average contract terms
are three to six years, therefore losses incurred would be spread
over an extended period. These estimates do not include any offset
to the lost revenue as a result of planned network investments from
what we expect could be a stronger combined entity operating in
more stable three-carrier market. Furthermore, despite its limited
scale relative to its peers, we believe that our assessment of the
company's business risk could support a higher rating even though
its leverage is elevated at around 8x (S&P adjusted). In
particular, SBA's reported EBITDA margin is the highest among its
peer group in the low-70% area, which compares with American
Tower's margin in the low-60% area and Crown Castle's margin in the
high-50% area." American Tower has pursued several acquisitions in
less mature emerging markets while Crown Castle's margin profile
has been diluted by its investments in small cells and fiber, which
have also constrained the company's free cash flow generation.
While SBA has operations overseas, it does not have as much
exposure to international markets as American Tower. It also has
not invested in small cells and fiber, which have good growth
prospects but less favorable business characteristics than macro
tower sites.

S&P said, "We intend to resolve the CreditWatch positive placement
upon the completion of our review. As part of our analysis, we will
discuss SBA's longer-term financial policy with its management
team, including any possible distributions to shareholders or
debt-financed acquisitions. We believe that if we raise our rating
on the company it will be limited to a one-notch upgrade."



SONOMA MT. LLC: Hires Property and Mortgage as Real Estate Broker
-----------------------------------------------------------------
Sonoma Mt. LLC seeks authority from the U.S. Bankruptcy Court for
the Northern District of California to employ The Property and
Mortgage Network as the real estate broker to the Debtor.

Sonoma Mt. LLC requires Property and Mortgage Network to assist
with the sale and disposition of the Debtor's real property located
at 5365 Sonoma Mountain Road, Santa Rosa, CA 95404.

Property and Mortgage Network will be paid a commission of 5% of
the sale amount.

Peter Kerston, owner of The Property and Mortgage Network, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Property and Mortgage Network can be reached at:

     Peter Kerston
     THE PROPERTY AND MORTGAGE NETWORK
     818 Mendocino Avenue
     Santa Rosa, CA 94401
     Tel: (707) 524-5626

              About Sonoma Mt. LLC

Sonoma Mt. LLC is a privately held company whose principal assets
are located at 5365 Sonoma Mountain Rd Santa Rosa, CA 95404-8883.
The company is a small business debtor as defined in 11 U.S.C.
Section 101(51D).

Sonoma Mt. LLC filed a voluntary petition for relief under Chapter
11 of the bankruptcy code (Bankr. N.D. Cal. Case No. 18-10425) on
June 15, 2018.  The petition was signed by Kimberly
Lichter-Gardner, managing member.

Allan J. Cory, Esq. at the Law Office of Allan J. Cory represents
the Debtor as counsel.

At the time of filing, the Debtor estimates $1 million to $10
million in both assets and liabilities.


SOUTHCROSS HOLDINGS: S&P Alters Watch Implications on ICR to Neg.
-----------------------------------------------------------------
S&P Global Ratings revised the CreditWatch implications on its
'CCC+' issuer credit rating on Southcross Holdings Borrower L.P.
and its 'CCC+' issue-level rating on the company's senior secured
debt to negative from positive. S&P said, "Our '3' recovery rating
on the debt remains unchanged, indicating our expectation for
meaningful (50%-70%; rounded estimate: 60%) recovery in the event
of a payment default."

S&P said, "At the same time, we revised the CreditWatch
implications on our 'CCC+' issuer credit rating on Southcross
Energy Partners L.P. and our 'CCC+' issue-level rating on the
company's senior secured debt to negative from positive. The '3'
recovery rating remains unchanged, indicating our expectation for
meaningful recovery (50%-70%; rounded estimate: 55%) in the event
of a payment default.

The CreditWatch revision reflects AMID's inability to secure the
necessary financing to close its previously announced transaction
with Southcross Energy Partners L.P. (SXE) and Southcross Holdings
Borrower L.P. (Holdings). S&P said, "Due to the termination of the
merger, Holdings should receive a $17 million termination fee from
AMID, which we expect will immediately improve its liquidity. SXE's
leverage covenants are currently suspended through March 2019 and
its revolving credit facility matures in August 2019. Holdings'
term loan A also matures in August 2019. If SXE's banks agree to
further extend the covenant suspension and the maturity date of its
revolver, this will also support the company's credit profile.
Holdings has a cross-default clause in its credit agreement, which
causes us to limit our issuer credit rating on the company to the
same level as our issuer credit rating on SXE. We expect management
to focus on improving the company's liquidity position by working
with the banks and pursuing asset sales or even an outright sale of
the company. We expect to resolve the CreditWatch listing over the
next 90 days."

S&P said, "The CreditWatch negative listing reflects the potential
that we will lower our ratings on both entities if SXE is unable to
extend the suspension of its leverage covenants or the 2019 debt
maturities. We expect to resolve the CreditWatch listing on
Holdings and SXE within the next 90 days."


SUPERIOR HOSPICE: May Use Cash Collateral on Final Basis
--------------------------------------------------------
The Hon. Ronald B. King the U.S. Bankruptcy Court for the Western
District of Texas signs a final order authorizing Superior Hospice,
LLC to use cash collateral for the period of March 16, 2018,
through the date the case is confirmed, converted to chapter 7, or
dismissed.

Pursuant to the Final Order:

     (a) The Debtor is authorized to use cash collateral strictly
in accordance with the terms of the Final Order and will be limited
to paying expenses listed on the Budget attached to the Debtor's
motion with a 10% variance, including salaries to Officers as
provided for in the Budget. Additionally, the Debtor is authorized
to pay its prorate share of any joint Ombudsman Fees ordered by the
Court and its prorate share of fees owed to Ability Network, Inc.
pursuant to the Court's Order.

     (b) The Debtor will maintain a debtor-in-possession account,
which will receive and contain any and all other sources of cash
constituting On Deck Capital, Inc.'s Cash Collateral, which is
generated by and is attributable to the Property and Collateral.
All cash generated from the Property and Collateral during the
pendency of the Debtor's bankruptcy case, including any cash held
in any of the Debtor's pre-petition accounts, will be placed and
held in the DIP Account.

     (c) The Debtor is authorized to use cash collateral to pay
other expenses related to the Property, which are not listed on the
Budget, only upon first obtaining written consent from On Deck.

     (d) The Debtor will account to On Deck for all of the Cash
Collateral that the Debtor possesses, has deposited in the DIP
Account, or that it has permitted to be transferred, if any, into
the possession of others or to accounts other than the DIP Account
that are being held by those in privity with the Debtor, or which
the Debtor might hereafter obtain.

     (e) The Debtor will continue paying On Deck, adequate
assurance payments in the amount $1,093.91 on the 16th of each and
every month with the next payment being made on July 16, 2018.

     (f) Effective as of the Petition Date, the Lender is granted,
valid, binding, enforceable, and automatically perfected liens that
will be co-extensive with the Lender's pre-petition liens, of which
On Deck's lien is a secured, valid, binding and enforceable lien on
the Property and Collateral and limited to the diminution of the
value of the Lender's Collateral, to the same extent, validity, and
priority as existed on the Petition Date, in all currently owned or
hereafter acquired property and assets of the Debtor, on all
accounts (including deposit accounts and accounts receivable).

     (g) The Internal Revenue Service is also granted a replacement
lien and security interest on all of the Debtor's assets (but
excluding the Debtor's claims and causes of action, including but
not limited to, any claims and causes of action that the Debtors
may have under Chapter 5 of the Bankruptcy Code and recovery
relating thereto) and proceeds thereof to the extent acquired after
the Petition Date and to the same extent, priority and validity as
the IRS's existing lien(s) on the Petition Date. However, the ad
valorem tax liens currently held by the various ad valorem tax
entities will neither be primed by nor subordinated to any liens
granted in the Final Order.

     (h) The Debtor will pay all post-petition tax obligations when
due, including but not limited to, deposit of employee withholdings
for income, Social Security taxes and hospital insurance (Medicare)
and employer's contribution for Social Security taxes and deposit
excise tax, if applicable.  The Debtor will file all present and
future tax returns as they become due. The Debtor will prepare and
file these returns with the Internal Revenue Service in the normal
course of business and will provide a copy of the returns and proof
of payment via email to the following addresses: (1)
Keri.A.Templeton@irs.gov and (2) gary.wright@usdoj.gov  

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

           http://bankrupt.com/misc/txwb18-50602-29.pdf

       About Superior Home Health Services and Affiliates

Superior Home Health -- http://superiorforyou.com/-- is a provider
of home health and hospice care services with locations in Texas
and Nevada.  The Debtors are affiliates of Big Guns Petroleum,
Inc., which sought bankruptcy protection (Bankr. W.D. Tex. Case No.
18-50569) on March 13, 2018.

Superior Home Health Services, LLC and its affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. W.D.
Tex. Case No. 18-50597) on March 16, 2018. The petitions were
signed by Belinda Juarez, president. The Debtors estimated assets
of less than $500,000 and liabilities of less than $1 million.

Smeberg Law Firm, PLLC, serves as the Debtors' legal counsel.

The Hon. Ronald B. King is assigned to the case.

Affiliates that filed separate Chapter 11 petitions are:

     Debtor                                     Case No.
     ------                                     --------
     Superior Home Health Services, LLC         18-50597
     Superior Home Health of Eagle Pass, LLC    18-50598
     Superior Home Health of San Antonio, LLC   18-50599
     Superior Hospice of McAllen, LLC           18-50600
     Superior Hospice of Del Rio, LLC           18-50601
     Superior Hospice, LLC                      18-50602


SUPERMOOSE NEWCO: S&P Assigns 'B-' ICR, Outlook Stable
------------------------------------------------------
S&P Global Ratings assigned its 'B-' issuer credit rating to
SuperMoose Newco, Inc., the new holding company of Lake Mary,
Fla.-based Superion LLC and San Diego, Calif.-based TriTech
Software Systems Inc. The outlook is stable.

S&P said, "At the same time we assigned a 'B' issue-level rating
and '2' recovery rating to the company's proposed $895 million
first-lien term loan due 2025 and $125 million revolving credit
facility due 2023. The '2' recovery rating indicates our
expectation for substantial recovery (70% to 90%, rounded estimate:
70%) in the event of payment default.

"We also assigned a 'CCC' issue-level rating and '6' recovery
rating to the company's proposed $380 million second-lien term loan
due 2026. The '6' recovery rating indicates our expectation for
negligible recovery (0% to 10%, rounded estimate: 5%) in the event
of payment default.

"The ratings on the combined company reflect very high starting
leverage in the mid-12x area, which we expect to fall to the low-8x
area in 2019, integration risk associated with implementing
aggressive cost reductions over a short timeframe, and the
fragmented and competitive landscape in the public administration
business. Partly offsetting these risks are a good level recurring
maintenance revenue, a good position in the public safety business,
and a diverse customer base.

"The stable outlook reflects our view that the company will be able
to expand EBITDA through 2019 by implementing cost reductions and
growing its revenue base along with state and local government
software investment spending, allowing it to generate a modest
amount of cash flow in the low- to mid-tens of millions of dollars
annually.

"We could lower the rating if we come to view the capital structure
as unsustainable, which would occur if we think the company is
likely to sustain negative cash flow after required debt
amortization. This would likely happen as the result of aggressive
cost reductions disrupting the business, either by lower service
and support quality or slowing product innovation, which result in
customer defections and falling new license sales. This could also
occur if state and local government customers reduce software
investment spending because of an economic downturn that causes tax
revenue to decline.

"Although unlikely over the next year, we could raise the rating if
the company sustains leverage at or below the mid-7x area and
FOCF/debt above 5%. The company would need to implement its planned
cost reductions and sustain them over several quarters without
disrupting the business, and it would need to realize mid-single
digit percent revenue growth. We estimate that the company would
need to grow EBITDA by two-thirds over current levels to reach this
threshold."


SUPERVALU INC: Egan-Jones Hikes Senior Unsecured Ratings to B+
--------------------------------------------------------------
Egan-Jones Ratings Company, on July 26, 2018, upgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by SuperValu, Incorporated to B+ from B.

SuperValu, Incorporated is an American retailing company. The
corporation, headquartered in the Minneapolis suburb of Eden
Prairie, Minnesota, has been in business for nearly a century.


TDE OF ILLINOIS: Hires William J. Factor as Bankruptcy Counsel
--------------------------------------------------------------
TDE of Illinois Inc., seeks authority from the U.S. Bankruptcy
Court for the Northern District of Illinois to employ The Law
Office of William J. Factor, Ltd., as bankruptcy counsel to the
Debtor.

TDE of Illinois requires William J. Factor to:

   a. advise and consult with the Debtor with respect to its
      powers, rights and duties as a debtor and debtor-in-
      possession;

   b. attend meetings and negotiate with creditors, other
      parties-in-interest, and their respective
      representatives;

   c. advise and consult with the Debtor on the conduct of
      the case, including all the legal and administrative
      requirements of operating under chapter 11 of the
      Bankruptcy Code;

   d. take all necessary action to protect and preserve the
      Estate, including but not limited to, prosecuting or
      defending all motions and proceedings on behalf of the
      Debtor and the Estate;

   e. prepare and file, or defend, adversary proceedings or other
      litigation involving the Debtor or its interests in
      property;

   f. prepare motions, applications, answers, orders, reports,
      and other papers necessary to the administration of the
      cases;

   g. prepare and negotiate a plan and disclosure statement and
      all related agreements and documents, and taking any
      necessary action to obtain confirmation of a plan; and

   h. perform other necessary legal services and provide other
      necessary legal advice required by the Debtor in connection
      with the case.

William J. Factor will be paid at these hourly rates:

     William J. Factor, Partner             $400
     Jeffrey K. Paulsen, Partner            $350
     Sam Rogers, Paralegal                  $100

After the commencement of the bankruptcy case, William J. Factor
received a retainer of $5,000 from William and Melanie Anthony, the
Debtor's owners, to represent the Debtor in the bankruptcy case.
The Debtor has also agreed to pay an additional $10,000 retainer to
William J. Factor.

William J. Factor will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Jeffrey K. Paulsen, partner of The Law Office of William J. Factor,
Ltd., assured the Court that the firm is a "disinterested person"
as the term is defined in Section 101(14) of the Bankruptcy Code
and does not represent any interest adverse to the Debtor and its
estates.

William J. Factor can be reached at:

     Jeffrey K. Paulsen, Esq.
     William J. Factor, Esq.
     THE LAW OFFICE OF WILLIAM J. FACTOR, LTD.
     105 W. Madison Street, Suite 1500
     Chicago, IL 60602
     Tel: (847) 239-7248
     Fax: (847) 574-8233
     E-mail: wfactor@wfactorlaw.com
             jpaulsen@wfactorlaw.com

              About TDE of Illinois Inc.

TDE Group, Inc., based in Solon, Ohio, filed a Chapter 11 petition
(Bankr. N.D. Ohio Case No. 06-12890) on July 10, 2006. The Hon.
Randolph Baxter presides over the case.  The Debtor hired The Law
Office of William J. Factor, Ltd. as bankruptcy counsel.  In its
petition, the Debtor estimated $100,000 to $500,000 in assets and
$1 million to $10 million in liabilities.


TELE CIRCUIT: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Tele Circuit Network Corporation as of
August 1, according to a court docket.

              About Tele Circuit Network Corporation

Tele Circuit Network Corporation provides telecommunications
services.  It offers consumers prepaid home phone plans, various
prepaid service plans, easy-to-use calling features and customer
service.  The company was founded in 2003 with its head office
located in Duluth, Georgia.

Tele Circuit Network sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ga. Case No. 18-60777) on June 28,
2018.

In the petition signed by Ashar Syed, chief executive officer, the
Debtor estimated assets of $1 million to $10 million and
liabilities of $1 million to $10 million.  

Judge Wendy L. Hagenau presides over the case.  The Debtor hired
Danowitz Legal, P.C., and Paul Reece Marr, P.C., as its legal
counsel.


TRANSDIGM GROUP: Fitch Affirms 'B' Long-Term IDR, Outlook Stable
----------------------------------------------------------------
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings
(IDRs) of TransDigm Group, Inc. (NYSE: TDG) and its subsidiary
TransDigm Inc. (TDI) at 'B'. Fitch has also affirmed the ratings of
TDI's senior secured credit facilities at 'BB'/'RR1' and TDI's
senior subordinated notes at 'B-'/'RR5'. Fitch has assigned a
'B-'/'RR5' rating to the $500 million senior subordinated notes
issued by TransDigm UK Holdings plc (TDGUK), a direct wholly owned
subsidiary of TDG. The Rating Outlook is Stable. The ratings cover
approximately $13 billion of outstanding debt.

KEY RATING DRIVERS

The company's ratings are supported by strong FCF generation (cash
from operations less capex and regular dividends), good liquidity,
strong margins, healthy commercial aerospace markets, higher U.S.
defense spending, and a favorable debt maturity schedule.

TDG generates significant cash flow due to the ability to command a
premium for its products. A high percentage of sales from a
relatively stable and profitable aftermarket business, low research
and development costs, low capex and a high percentage of sole
source products support TDG's industry-leading 47% EBITDA margins
and above 20% FCF margins. TDG's cash flows also benefit from the
lack of material pension liabilities and no other post-employment
benefit (OPEB) obligations. TDG generated approximately $720
million FCF in fiscal 2017, and Fitch anticipates the company's FCF
will exceed $800 million in fiscal 2018.

TDG's leverage metrics were stable over the past four years, as the
company's adjusted leverage (adjusted debt/EBITDAR) fluctuated in
the 7.0x-7.5x range. Fitch expects the company's adjusted leverage
will be approximately 7.2x by the end of fiscal 2018, after giving
effect to the recent debt issuances and projected operating
results, up from 7.1x at the end of fiscal 2017.

The company's financial results remain robust despite multiple
acquisitions as TDG continues to acquire and successfully integrate
new businesses into its operations. Fitch estimates the acquired
businesses boosted TDG's revenues by more than $1 billion and
EBITDA by approximately $500 million from fiscal 2014 to fiscal
2017. Despite integration and financing costs associated with those
debt-funded acquisitions, TDG's EBITDA margins remained above 46%
over the past two years. Fitch views TDG's ability to seamlessly
integrate new businesses without a negative impact on operating
margins as one of the company's strengths, however it remains
credit neutral as incremental acquisition-driven EBITDA is offset
by the continued increase in the company's indebtedness.

Fitch believes TDG has the capacity to make approximately $850
million of acquisitions per year with internally generated cash.
The company does not have a significant maturity until 2020, when
$550 million of senior subordinated notes become due. Fitch
estimates TDG's solid liquidity will fluctuate between $1 billion
and
$1.5 billion over the rating horizon, supported by the full
availability of the $600 million revolving credit facility and
sizable cash balances, as the company typically maintains above
$500 million in cash.

Rating concerns include the company's high leverage, declining
interest coverage, long-term cash deployment strategy which focuses
on acquisitions and occasional debt-funded special dividends, and
weak collateral support for the secured bank facility in terms of
asset coverage.

TDG typically utilizes debt to make acquisitions. Although TDG
remains an active acquirer, it used cash proceeds from sizable debt
offerings to pay special dividends in fiscal years 2017, 2014 and
2013. Fitch expects TDG will continue making debt-funded
shareholder-focused cash deployments in the form of special
dividends or share repurchases. Potential large debt-funded
shareholder distributions represent a concern, as the company will
have a diminished ability to deleverage and will be more exposed to
adverse market conditions.

Although TDI is stronger than TDG, the IDRs of both entities are
equalized because of strong operating ties between the entities as
TDI (the issuing entity) is the main operating subsidiary of TDG
and is consolidated in the parent's financial statements.

DERIVATION SUMMARY

TDG does not have any similarly sized peers with comparable
operating profiles. The company has some of the highest operating
margins and percentage of sole-source and proprietary product among
aerospace and defense companies rated by Fitch. The company's
diversification, high content of aftermarket sales, strong
operations and cash generation are commensurate with higher-rated
Aerospace & Defense companies such as Rockwell Collins. However,
TDG's financial policies, which include an appetite for
high-leverage, debt-funded acquisitions and special dividends,
override its strong, non-leverage credit metrics.

KEY ASSUMPTIONS

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

  -- Revenues will grow by up to 10% in fiscal 2018, driven by
acquisitions and anticipated growth of the aerospace and defense
sector. The growth will slow to mid-single-digits thereafter;

  -- Margins will remain in the range of 45% to 47% over the rating
horizon;

  -- The company will issue additional debt over the next three
years, offsetting expected growth in EBITDA;

  -- Leverage will remain in the range of 7x to 8x over the rating
horizon;

  -- TDG will make $1 billion acquisitions annually;

  -- Excess cash will be paid to shareholders in the form of
special dividends or share repurchases if the company does not make
acquisitions;

  -- The company will maintain cash balances in the range of $500
million to $1 billion through rating horizon.

KEY RECOVERY RATING ASSUMPTIONS

The recovery analysis assumes TDG would be considered a going
concern and would be reorganized rather than liquidated. Fitch
assumed a 10% administrative claim in the recovery analysis.

TDG's recovery analysis reflects a potential severe down-cycle in
the aerospace market and assesses the going concern EBITDA at
approximately $1.46 billion based on the company's stable
operations, high operating margins and significant percentage of
revenues derived from aftermarket products. The $1.46 billion
ongoing EBITDA assumption represents an approximately 20% decline
from Fitch's projected EBITDA at the end of fiscal 2018.

Fitch expects the EV multiple used in the TDG recovery analysis
will fluctuate in the range of 7x-8x, and Fitch is currently using
a 7.5x multiple to calculate a post-reorganization valuation.
Enterprise value-to-forward EBITDA multiples ranged from 4.8x-8.8x
on the three Aerospace & Defense (A&D) bankruptcy plan observations
available, with two of the three exit multiples being lower than
the median 6.1x cross-sector exit multiple in Fitch's U.S.
corporate bankruptcy database. The A&D defaulters typically had
significant operational issues; low product, contract and customer
diversification; or delays in receipt of contractual revenues in
addition to over-leveraged capital structures. While TDG has a
highly leveraged capital structure, Fitch believes the company's
business profile is stronger than the profiles in the A&D
bankruptcy observations.

Fitch utilizes the 7.5x EV multiple based on TDG's solid contract
and product diversifications, high percentage of sole-source and
proprietary products, and significant EBITDA derivation from higher
margin and more stable aftermarket sales. In addition, recent
transactions for similar companies have been completed at EBITDA
multiples in the range of 11x-12x, as evidenced by a recent
purchase of Orbital ATK, Inc. by Northrop Grumman Corporation at an
approximately 14x EBITDA multiple earlier in 2018.

The $600 million revolving credit facility (RCF) and the $300
million accounts receivable securitization facility (ARSF) are
assumed to be fully drawn upon default. The ARSF, RCF and first
lien senior secured term loans are senior to the senior
subordinated unsecured notes in the waterfall.

The waterfall results in a 100% recovery corresponding to a
Recovery Rating of 'RR1' for the first lien ($8.2 billion) and ARSF
($300 million). The waterfall also indicates a 25% recovery
corresponding to 'RR5' for the senior subordinated unsecured notes
($5.1 billion).

RATING SENSITIVITIES

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

  -- Fitch does not anticipate positive rating actions in the near
term given current credit metrics and the company's cash-deployment
strategies. Positive rating actions could be considered if the
company modifies its cash-deployment strategy and focuses on debt
reduction.
Future Developments That May, Individually or Collectively, Lead to
Negative Rating Actions

  -- A negative rating action may be considered if there is
significant cash flow margin erosion without commensurate
deleveraging of the company.

  -- Fitch may consider a negative rating action if TDG's adjusted
leverage (adjusted debt to EBITDAR) and FFO-adjusted leverage
increase and remain between 8.0x and 8.25x, and above 9.5x,
respectively, driven by weakening of the global economy, a downturn
in the aerospace sector, or by issuance of additional debt to fund
special dividends or acquisitions.

  --  Fitch may take a negative rating action on the senior
subordinated notes if their recovery prospects deteriorate due to
an issuance of new senior secured debt.

LIQUIDITY

Fitch anticipates recently completed and future acquisitions will
allow TDG to accelerate its revenue, EBITDA and FCF growth over the
rating horizon. TDG has adequate financial flexibility and good
liquidity supported by a $600 million revolving credit facility and
a sizable cash balance, as the company typically holds above $500
million in cash.

As of March 31, 2018, TDG held $1 billion in cash and equivalents
and had full availability of its $600 million revovler. The company
does not have significant debt maturities until 2020 when $550
million of senior subordinated notes become due. Fitch anticipates
the company will refinance the maturing debt and estimates TDG's
liquidity will fluctuate between $1 billion to $1.5 billion over
the rating horizon.

Debt Structure:

TDG's capital structure consists of senior secured credit
facilities, senior subordinated unsecured notes and a $300 million
trade receivable securitization facility. As of July 18, 2018, the
company had a $600 million senior secured revolver maturing in
2022, three outstanding senior secured term loan tranches under its
credit facility, with a total amount outstanding of approximately
$7.6 billion, and $5.1 billion of aggregate outstanding
subordinated bonds.

On May 31, 2018, the company refinanced and upsized tranche F term
loans by $1.15 billion to a total amount of $2.88 billion, and
retired $500 million senior subordinated notes due 2021. The
tranche F matures in June 2023, the tranche G matures in August
2023, and the tranche E matures in May 2025. On May 8, 2018 TDGUK,
a first time issuer and direct wholly owned subsidiary of TDG,
issued $500 million of subordinated notes due in 2026. TGI is a
co-obligor of the $500 million senior subordinated debt issued by
TDGUK.

FULL LIST OF RATING ACTIONS

Fitch has affirmed the following ratings:

TransDigm Group Inc.

  -- Long-term IDR at 'B'.

TransDigm Inc.

  -- IDR at 'B';

  -- Senior secured revolving credit facility at 'BB'/'RR1';

  -- Senior secured term loans at 'BB'/'RR1';

  -- Senior subordinated notes at 'B-'/'RR5'.

Fitch has assigned the following rating:

TransDigm UK Holdings plc

  -- Senior subordinated notes 'B-'/'RR5'.

The Rating Outlook is Stable.


US FOODS: S&P Alters Outlook to Negative & Affirms 'BB+' ICR
------------------------------------------------------------
S&P Global Ratings revised its outlook on Rosemont, Ill.-based US
Foods Inc. to negative from stable and affirmed its 'BB+' issuer
credit rating on the company.

S&P said, "At the same time, we placed our 'BBB-' issue-level
rating on USF's $2.2 billion senior secured term loan B due 2023
and our 'BB' issue-level rating on its $600 million senior
unsecured notes due 2024 on CreditWatch with negative implications
due to the substantial amount of senior secured debt that we expect
the company will add to its capital structure to finance the
acquisition. We expect to resolve the CreditWatch placement when we
are more certain the acquisition will close, around which time we
assume the financing will occur.

"Additionally, our 'BBB-' rating on the company's $1.3 billion ABL
revolving credit facility due 2020 is unchanged.

"Pro forma for the transaction, we estimate that USF has reported
debt outstanding of about $5.4 billion.

"The negative outlook reflects our belief that the acquisition of
SGA Food will cause USF's credit metrics to meaningfully
deteriorate. The negative outlook also incorporates the risk that
the company will be unable to strengthen its leverage to 4x or
below in the 18-24 months following the close of the acquisition.
Pro forma for the transaction, we estimate that USF's leverage will
increase to the high-4x area from around the high-3x area
presently. We affirmed our issuer credit rating on the company
because we believe its financial policy will remain unchanged and
expect that it will stay committed to reducing company-defined
leverage to 3x (equivalent to the mid- to high-3x area on an S&P
adjusted basis). Management's indication that it will delay any
potential shareholder remuneration plans, at least until later in
2019, gives us further confidence that it will remain committed to
deleveraging.

"The negative outlook on USF reflects the potential for a lower
rating if operating performance weakens and it fails to delever in
line with our expectations.

"We could revise our outlook on USF to stable if the company
successfully integrates SGA Food, corrects the operational issues
caused by its transition to centralized purchasing, and delevers
below 4x through a combination of EBITDA growth and debt repayment.
This would also be predicated on our belief that the company will
delay shareholder payments and additional sizable debt-financed
acquisitions until it has deleveraged to the 4x area.

"We could lower our ratings on USF if we believe the company will
be unable to improve its leverage to 4x or lower by the second half
of fiscal year 2020. This could occur if the company has difficulty
managing its food, fuel, freight, and labor costs, if it
experiences acquisition-integration missteps, or if its transition
to centralized purchasing causes unexpected and prolonged
operational issues that result in a further weakening of order fill
rates. We could also lower the rating if we come to believe the
company has adopted a more aggressive financial policy."



VCVH HOLDING: S&P Assigns 'B+' Rating on Secured Credit Facilities
------------------------------------------------------------------
S&P Global Ratings assigned its 'B+' issue-level ratings to VCVH
Holding Corp.'s announced offering of senior secured credit
facilities, consisting of a $3.165 billion term loan B maturing in
2025, and a $300 million revolving credit facility maturing in
2023. S&P also assigned a '2' recovery to the debt, indicating its
expectation of substantial (70%-90%; rounded estimate: 70%)
recovery of principal in the event of payment default. VCVH Holding
Corp. is a subsidiary of U.S.-based health care technology company
VCVH Holding II Corp. (d/b/a Verscend Technologies Inc.)

S&P said, "Our ratings on Verscend remain on CreditWatch, including
the 'B-' issuer credit rating, where we placed them with positive
implications on June 19, 2018, after the company announced its plan
to acquire Cotiviti Corp. for $4.9 billion. Upon completion of the
acquisition, we will raise our issuer credit rating on Verscend to
'B' and assign a stable outlook. We expect the company to use
proceeds from the new senior secured term loan, along with a
subsequent expected issuance of new unsecured debt, to finance the
acquisition as well as the refinancing of Verscend's existing debt.
We expect to withdraw the ratings on Verscend's existing debt, and
assign ratings on the new unsecured debt by the time the
acquisition closes, expected by the end of the year.

"In our assessment, the combination of Cotiviti and Verscend
significantly enhances Vescend's business profile. We believe the
acquisition strengthens Verscend's market position in the health
care payment integrity market, significantly increases scale,
improves product diversity, and bolsters the company's competitive
advantage. These factors outweigh the increase in debt leverage,
which we expect will be in the 9x range.

  RATINGS LIST
  VCVH Holding II Corp. (d/b/a Verscend Technologies Inc.)
   Issuer Credit Rating                   B-/Watch Pos/--

  New Ratings

  VCVH Holding Corp.
   $3.165 bil term loan B due 2025              B+
    Recovery rating                             2 (70%)
   $300 mil revolv credit fac due 2023          B+
    Recovery rating                             2 (70%)


VT TOPCO: S&P Assigns 'B' Issuer Credit Rating, Outlook Stable
--------------------------------------------------------------
S&P Global Ratings today assigned its 'B' issuer credit rating to
Livingston, N.J.-based VT Topco Inc. The outlook is stable.

S&P said, "At the same time, we assigned our 'B' issue-level and
'3' recovery ratings to the company's subsidiary, Green Veracity
Acquisition, Inc.'s, proposed first-lien credit facilities, which
consist of a $40 million first-lien revolving credit facility, $300
million first-lien term loan, and $50 million delayed-draw
first-lien term loan. The '3' recovery rating indicates our
expectation for meaningful recovery (50%-70%; rounded estimate:
65%) in the event of payment default.

"We also assigned our 'CCC+' issue-level and '6' recovery ratings
to the company's subsidiary, Green Veracity Acquisition, Inc.'s,
proposed second-lien credit facility, which consists of the $105
million second-lien term loan. The '6' recovery rating indicates
our expectation for negligible recovery (0%-10%; rounded estimate:
0%) in the event of payment default.

"Our ratings on Veritext reflect the company's small scale, narrow
scope of operations, limited revenue visibility, and participation
in a highly fragmented, competitive, and low-barrier-to-entry
market. The company's solid market position in its niche, low
capital expenditure requirements, good cash flow generation, and
profitability partly offset these factors. Our ratings also
incorporate an elevated debt leverage profile, including pro forma
S&P-adjusted debt to EBITDA of low-7x, following the acquisition by
financial sponsor Leonard Green. We expect leverage to remain
elevated over our forecast period, with an improvement to the
high-6x area over the next 12 months due to earnings contributions
from acquisitions.

"The stable rating outlook on Veritext reflects S&P Global Ratings'
expectation the company will sustain debt-to-EBITDA ratio of less
than 7.5x over the next 12 months while also maintaining adequate
liquidity as it continues to pursue growth through acquisitions.

"We could lower the ratings over the next 12 months if the company
exhibits a more aggressive financial policy with additional
debt-financed acquisitions or dividends, resulting in leverage
rising to and remaining about 7.5x on a sustained basis.
Alternatively, we could also lower the ratings if unforeseen
operating difficulties cause credit measures to deteriorate or
liquidity to become constrained. We estimate this could occur if
there is a decline in service quality leading to a tarnished brand,
or an inability to retain a talented pool of court reporters,
resulting in heightened levels of customer attrition and weakened
cash flow.

"Although unlikely over the next 12 months given its financial
sponsor ownership, we would consider raising the rating if Veritext
achieves adjusted leverage below 5x coupled with a commitment from
the financial sponsors to maintain leverage below that threshold.
We could also consider raising the rating if Veritext materially
diversifies its business offerings and substantially increases its
EBITDA base and margin profile."



WW CONTRACTORS: Seeks to Hire Rosen Sapperstein as Accountant
-------------------------------------------------------------
WW Contractors Inc., seeks authority from the U.S. Bankruptcy Court
for the Eastern District of Virginia to employ Rosen Sapperstein &
Friedlander, LLC, as accountant to the Debtor.

WW Contractors requires Rosen Sapperstein to:

   a. perform financial analysis and make recommendations
      regarding business operations;

   b. prepare projections regarding revenues and expenses in
      connection with the use of cash collateral and the
      preparation of plans and disclosure statements;

   c. assist with various schedules and reports required for
      bankruptcy reporting;

   d. prepare monthly financial statements, cash flow models and
      tax returns; and

   e. perform other accounting services for the Debtor as may be
      necessary or desirable.

Rosen Sapperstein will be paid at these hourly rates:

     Partners                    $450-$500
     Managers                    $310-$420
     Supervisors                 $190-$300

Rosen Sapperstein will be paid a retainer in the amount of
$20,000.

Rosen Sapperstein performed accounting services for the Debtor
prior to its bankruptcy filing and, as of the Petition Date, the
firm was owed $33,654.50 in connection with those services.  Rosen
Sapperstein agrees to waive its Pre-Petition Claim, with the waiver
to be effective upon entry of an order approving the firm's
employment.

Rosen Sapperstein will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Louis E. Sapperstein, vice president of Rosen Sapperstein &
Friedlander, LLC, assured the Court that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code and does not represent any interest adverse to
the Debtor and its estates.

Rosen Sapperstein can be reached at:

     Louis E. Sapperstein
     ROSEN SAPPERSTEIN & FRIEDLANDER, LLC
     10440 Little Patuxent Parkway, Suite 530
     Columbia, MD 21044
     Tel: (410) 581-0800
     Fax: (410) 581-2268

              About WW Contractors Inc.

WW Contractors, Inc. -- http://www.wwcontractors.com/-- is a
facilities services firm, offering complete facilities maintenance,
engineering, operations, custodial services, grounds/landscaping
services, and project management services to federal government,
local government, and private sector clients. WW Contractors was
founded in 1986 as an electrical construction firm under the
ownership and direction of Vietnam Era veteran Warren J. Wiggins.
The company is headquartered in Baltimore, Maryland.

WW Contractors sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Md. Case No. 18-17927) on June 12, 2018. In the
petition signed by its president, Warren Wiggins, the Debtor
estimated assets of less than $50,000 and debts between $1 million
to $10 million.

Jeffrey M. Sirody, Esq., at Jeffrey M. Sirody and Associates, P.A.,
is the Debtor's counsel.

Pursuant to an order entered on June 14, 2018, the case was
transferred to the U.S. Bankruptcy Court for the Eastern District
of Virginia (Bankr. E.D. Va. Case No. 18-12095).


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Discounted tickets for Beard Group, Inc.'s Annual Distressed
Investing 2018 Conference are available if you register by August
31.  Your cost will be $695, a $200 savings.

Visit https://www.distressedinvestingconference.com/ for
registration details and information about this year's conference
agenda as well as highlights from past conferences.

Now on its 25th year, Beard Group's annual Distressed Investing
conference is the oldest and most established New York
restructuring conference.  The day-long program will be held
Monday, November 26, 2018, at The Harmonie Club, 4 E. 60th St. in
Midtown Manhattan.

For a quarter century, the focus of the conference 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.  They 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.

This year's conference will also feature:

     * A 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

Beard Group, Inc., publishes Turnarounds & Workouts, Troubled
Company Reporter, and Troubled Company Prospector.  Visit
http://bankrupt.com/freetrial/for a free trial subscription to one
or more of Beard Group's corporate restructuring publications.


[^] BOOK REVIEW: EPIDEMIC OF CARE
---------------------------------
Author:     George C. Halvorson
            George J. Isham, M.D.
Publisher:  Jossey-Bass; 1st edition
Hardcover:  271 pages
List Price: $28.20

Order your personal copy today at https://is.gd/0ChYOC

Halvorson and Isham worked together as leaders of the Minneapolis
health-care organization HealthPartners; Halvorson as chairman and
CEO, and Isham as medical director and chief health officer. From
their positions as leaders in the health-care field, they have
gained a broad, thorough understanding of the structure, workings,
and the problems of America's health-care system. Their "Epidemic
of Care" written in a readable, lucid, jargon-free style is a
timely work for anyone interested in the pressing matter of
satisfactory health care in America. This includes government
workers, politicians, executives of HMOs and hospitals, and critics
of health care, to individuals making choices about their own
health care. It is a notable work both practical and visionary that
one hopes legislators and heads of HMOs will take in. For Halvorson
and Isham make their way through the daunting complexities of
today's health-care system to put their finger on its core problems
and offer practicable solutions to these.

The two main problematic issues of contemporary health care are
health-care costs and quality of care.  These two authors offer
solutions taking into consideration both of these. They put forth
balanced proposals instead of the many one-sided ones which stress
cutting costs at the expense of care or favor care regardless of
costs, costs usually born by government from tax revenues. In the
authors' comprehensive, balanced proposals, corporations and
businesses of all sizes, government agencies, health-care
organizations of all types, state and local governments and health
organizations, and also individuals work together cooperatively for
the goal of affordable, effective, and widespread up-to-date health
care.

Before outlining their program for dealing with the problems in
health care, which are only growing worse in the present system,
the authors relate information on different parts of today's system
most readers would not be aware of. Then they analyze it to focus
in on what is causing the problems in the particular area of health
care. In some cases, misconceptions held among the public are
cleared up, paving the way toward agreement on what are the real
problems and coming up with acceptable solutions for them.  The
percentage of the cost of HMO membership and insurance premiums
going for administration is one such misconception.

"People guess, in fact, that HMO and insurance administration costs
are about 30 to 40 percent of premiums and that insurer profits add
another 10 to 20 percent of the total cost." This means that
anywhere from about 40 percent to 60 percent of payments for HMOs
or insurance doesn't go for health care.

The authors clear up this misconception giving rise to much
confusion in trying to deal with the serious problems facing the
health-care field, as well as a good deal of resentment against
HMOs and insurance companies, by citing that "health plan
administrative costs, including profits and marketing, average from
5 to 30 percent of total premium, depending on the plan." This
leads to the conclusion that it is not a sudden rise in
administrative costs or the greed of health-care providers that is
mainly responsible for driving up the costs of health care and will
continue to do so for the foreseeable future without effective
change in the field. Rising costs of health care from new
technologies, consumer expectations and demands, and also misuse of
drugs and treatments making patients worse or prolonging their
medical problems are the main reason for the rising costs. The
frequent misuse of modern-day medicines and treatments cited by the
authors is an issue that is starting to receive attention in the
media.

The price of prescription drugs is one health-care issue already
receiving much attention that the authors address. In this
discussion, they note that because of committees of physicians and
pharmacologists set up by HMOs to identify which drugs were most
effective for specific medical problems and set standards for
prescribing these according to HMO policies, "all Americans
benefited from the new focus on drugs that actually work." Before
these committees, eighty-four percent of drugs developed by the
pharmaceutical companies were what were know as "class C" drugs
that were little better than placebos. As the authors note, in
those days not so long ago, drugs were being developed and marketed
more to generate sales than remedy medical conditions.

The high cost Americans pay for prescription compared to buyers in
other countries is another matter the two authors take up. In this,
they take the position of American buyers of prescription drugs by
making the point that they should not be singled out to bear the
disproportionate share of the research and marketing costs going
into the drug prices since numbers of persons in countries around
the world gain health benefits from the drugs.  The wasteful
similarities between some prescription drugs, the misuse of some,
and growing concerns over costs and use of the drugs with persons
under sixty-five are other topics dealt with in the discussion and
analysis of the issue of prescription drugs.

Halvorson and Isham's fair-minded overview and critique of today's
heath-care field should be read by anyone with an interest in and
concern about this field central to the quality of life of
Americans and the economy. While they recognize that the field's
dysfunctions have such deep roots and thorny complexities that
"there is no single villain responsible for our troubles and no
silver bullet to cure them," undoubtedly some and likely a number
of the two authors' approaches to resolving particular troubles or
even their solutions to certain problems will be adopted. There is
just no way out of the current health-care crisis other than the
clear-sighted, comprehensive, cooperative way Halvorson and Isham
present.

George Halvorson is currently chairman and CEO of Kaiser
Permanente, one of the U. S.'s largest health-care organizations.
Isham continues as medical director and chief health officer of
HealthPartners.


                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

On Thursdays, the TCR delivers a list of recently filed
Chapter 11 cases involving less than $1,000,000 in assets and
liabilities delivered to nation's bankruptcy courts.  The list
includes links to freely downloadable images of these small-dollar
petitions in Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

TCR subscribers have free access to our on-line news archive.
Point your Web browser to http://TCRresources.bankrupt.com/and use
the e-mail address to which your TCR is delivered to login.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.  
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman, Editors.

Copyright 2018.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $975 for 6 months delivered via
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000.

                   *** End of Transmission ***