/raid1/www/Hosts/bankrupt/TCR_Public/181207.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, December 7, 2018, Vol. 22, No. 340

                            Headlines

5200 ENTERPRISES: Taps D. Brad Hughes as Special Counsel
ADVANCED SPORTS: Sets Procedures for Substantially All Assets
AGPB LLC: U.S. Trustee Unable to Appoint Committee
ALLIANCE BIOENERGY: U.S. Trustee Unable to Appoint Committee
ANTONETTE'S OF EAST HILLS: Restaurant Proposes Dec. 19 Auction

ANVIL HOLDINGS: Seeks to Hire Asandrov Law Offices as Counsel
ATD CORP: Michelin North America, Sailun Jinyu Leave Committee
ATI MERGER: Moody's Assigns B3 Corp. Family Rating, Outlook Stable
B.L.E. INC: Case Summary & 20 Largest Unsecured Creditors
BAKER MANUFACTURING: Committee Taps Stewart Robbins as Counsel

BJRP LLC: Tower IV Buying Substantially All Assets for $750K
BOJANGLES INC: Moody's Rates New $350 Secured Loans 'B2'
CALLAWAY GOLF: Moody's Assigns Ba3 CFR, Outlook Stable
CHICAGO SURGICAL: Seeks Authorization on Cash Collateral Use
COBRA WELL: Phoenix Energy Buying Three Camp Trailers for $7.5K

CPV SHORE: Moody's Rates $545MM Sr. Sec. Credit Facilities Ba2
CUSTOM AIR: U.S. Trustee Unable to Appoint Committee
DANA HOLLISTER: Agent Selling Resto Eqpt. to Kohn-Megibow for $9K
DATACONNEX LLC: Selling Substantially All Assets to Charger Access
DESERT FAIRWAYS: Seeks to Hire Stephen Parry as Legal Counsel

DIAMONDBACK ENERGY: Moody's Raises Corp. Family Rating to Ba1
DRY ERASE DESIGNS: Has $28,000 Offer for Charlotte Property
EDWARD ASSOCIATES: U.S. Trustee Unable to Appoint Committee
EQUITRANS MIDSTREAM: Moody's Assigns Ba3 CFR, Outlook Stable
FIRSTENERGY SOLUTIONS: FG Selling West Lorain Assets $152 Million

FLYING SOFTWARE: Seeks to Hire Parsons Behle as Legal Counsel
GATEWAY WIRELESS: U.S. Trustee Unable to Appoint Committee
GYMBOREE GROUP: Selling Some Brands, Closing Crazy 8 Stores
HENDRIX SCHENCK: Seeks to Hire Shmuel Klein as Legal Counsel
HERITAGE HOME: Sets Sale Procedures for Miscellaneous Assets

HH & JR: U.S. Trustee Unable to Appoint Committee
HUFFERMEN INC: Seeks to Hire Keery McCue as Legal Counsel
ISRS REALTY: Voluntary Chapter 11 Case Summary
ISTAR INC: Moody's Raises CFR to Ba2 on Improved Liquidity
JAMES GARRISON: Falgout Buying 2015 Polaris XP 1000 for $10K

JOSEPH A. BRENNICK: Parkses Buying Wauchula Property for $60K
JOSEPH A. BRENNICK: Tenerife Buying Wauchula Property for $35K
K & B DIRECTIONAL: Seeks to Hire Eric A. Liepins as Legal Counsel
KOKB MEDICAL: Seeks to Hire Joyce W. Lindauer as Legal Counsel
L REIT LTD: Case Summary & 20 Largest Unsecured Creditors

L.E. DIETRICH: Seeks to Hire Haller & Colvin as Legal Counsel
LBU FRANCHISES: U.S. Trustee Unable to Appoint Committee
LIMITED STORES: Optium Buying Possible Class Action Claim for $385K
LONG BLOCKCHAIN: Three Board Members Resign
M.D. MILLER TRUCKING: Seeks to Hire Schneider & Stone as Counsel

MOULTON PROPERTIES: Has Authority on Modified Cash Collateral Use
MURPHY OIL: Moody's Raises CFR to Ba2, Outlook Positive
NATIONAL AUTO: U.S. Trustee Forms 9-Member Committee
NEIMAN MARCUS: Incurs $28.2 Million Net Loss in First Quarter
ORSE LLC: Seeks to Hire Eric A. Liepins as Legal Counsel

PEORIA DAY SURGERY: U.S. Trustee Unable to Appoint Committee
PETTERS COMPANY: Dorsey & Whitney Snags Clawback Case Victory
PLASKOLITE LLC: S&P Affirms 'B' ICR on PPC Investment Acquisition
PLATTE COUNTY, MO: S&P Lowers 2007 Revenue Bonds Rating to 'D'
PYRAMID QUALITY: Seeks to Hire Gudeman & Associates as Counsel

QUAD/GRAPHICS INC: Moody's Affirms Ba3 CFR, Outlook Negative
REGDALIN PROPERTIES: Trustee Seeks to Hire Dinsmore as Counsel
RITCHIE BROS: S&P Alters Outlook to Positive & Affirms 'BB' ICR
RIVARD COMPANIES: U.S. Trustee Forms 3-Member Committee
ROAD INFRASTRUCTURE: S&P Lowers ICR to 'CCC+', Outlook Negative

ROSEGARDEN HEALTH: Trustee Selling 2012 Lexus 350RX SUV for $18K
SAFE HAVEN HEALTH: Lifeways Buying Boise Property for $600K
SALT VERDE: Moody's Lowers Subordinated Gas Bonds to Ba3
SEARS HOLDINGS: Lampert's ESL Bids $4.6-Bil. to Save Retailer
SENIOR CARE CENTERS: Texas' Top Nursing Operator in Chapter 11

SENIOR CARE: LTC Not Paid for December, Wants Lease Scrapped
SILVERADO STAGES: U.S. Trustee Forms 4-Member Committee
SOLEGNA PROPERTIES: Trustee Seeks to Hire Cavazos as Counsel
SOUTH CAROLINA JEDA: Moody's Rates $26.29MM Education Bonds Ba1
STEPHANIE N. MAPP: May Use Cash Collateral on Interim Basis

STEPHANIE N. MAPP: U.S. Trustee Unable to Appoint Committee
STONEGATE LANDING: Seeks to Hire Parker & Associates as Counsel
STONEMOR PARTNERS: Grant Thornton Replaces Deloitte as Accountants
SYNAGRO INFRASTRUCTURE: Moody's Withdraws Caa1 CFR on Repaid Debt
TALEN ENERGY: Moody's Lowers Sr. Secured Guaranteed Ratings to B3

TERRE HAUTE: S&P Alters Outlook to Stable & Affirms 'BB' ICR
THOMAS D. WATSON, IV: Boyd Buying Dallas Property for $1.35 Million
TIRECO INC: U.S. Trustee Unable to Appoint Committee
TRIBUNE MEDIA: Disallowance of Post-Bankruptcy Legal Fees Reversed
USA GYMNASTICS: Case Summary & 30 Largest Unsecured Creditors

USA GYMNASTICS: Files for Chapter 11 to Deal With Abuse Claims
USA GYMNASTICS: Says Insurance to Cover Abuse Claims
VIKEN MANJIKIAN: Harville Buying Highway 371 Properties for $325K
VISTA OUTDOOR: Moody's Affirms B1 CFR, Outlook Negative
WASEEM INC: Case Summary & 12 Unsecured Creditors

WEBSTER PLACE: Seeks to Hire Burke Warren as Legal Counsel
WOODLAWN COMMUNITY: Has Authority to Use IRS Cash Collateral
WOW WEE: Selling Postpetition Account Receivables to Meet Expenses
[^] BOOK REVIEW: Crafting Solutions for Troubled Businesses

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5200 ENTERPRISES: Taps D. Brad Hughes as Special Counsel
--------------------------------------------------------
5200 Enterprises Limited received approval from the U.S. Bankruptcy
Court for the Middle District of Florida to hire D. Brad Hughes,
Esq., as its special counsel.

Mr. Hughes, a member of Jimerson & Cobb, P.A., will assist the
Debtor in prosecuting adversary proceedings against potential
responsible parties for damages.  

Mr. Hughes will charge the Debtor an hourly fee of $370 for his
services.  The retainer fee is $10,000.

Patrick Krechowski, Esq., and William Anderson, Esq., the other
attorneys at Jimerson & Cobb who may provide services to the
Debtor, charge $400 per hour and $275 per hour, respectively.

Mr. Hughes disclosed in a court filing that he does not represent
any interest adverse to the Debtor and its bankruptcy estate.

Mr. Hughes maintains an office at:

         D. Brad Hughes, Esq.
         Jimerson & Cobb, P.A.
         One Independent Drive, Suite 1400
         Jacksonville, FL 32202
         Tel: (904) 389-0050
         Fax: (904) 212-1269
         E-mail: info@jimersoncobb.com

                  About 5200 Enterprises Limited

5200 Enterprises Limited is the fee simple owner of a real property
located at 5200-5202 1st Avenue, Brooklyn, New York 11232, having a
tax records valuation of $6.43 million.

5200 Enterprises Limited, based in Jacksonville, Florida, filed a
Chapter 11 petition (Bankr. M.D. Fla. Case No. 18-01646) on May 16,
2018.  In the petition signed by John A. Luhrs, president, the
Debtor disclosed $6.43 million in assets and $3.25 million in
liabilities.  The Hon. Jerry A. Funk presides over the case.  Jason
A. Burgess, Esq., at The Law Offices of Jason A. Burgess, LLC,
serves as bankruptcy counsel.


ADVANCED SPORTS: Sets Procedures for Substantially All Assets
-------------------------------------------------------------
Advanced Sports Enterprises, Inc., Advanced Sports, Inc.,
Performance Direct, Inc., Bitech, Inc. and Nashbar Direct, Inc.,
ask the U.S. Bankruptcy Court for the Middle District of North
Carolina to authorize the bidding procedures in connection with the
sale of substantially all their personal property and other related
interests, either individually or in groupings, free and clear of
any and all Encumbrances at auction.

The Debtors' goal is to obtain maximum exposure of their Assets to
potential buyers as quickly as possible under the circumstances.
They will consider any transaction that will result in obtaining
the highest and best value for their Assets.  To that end, the
Debtors, along with Wells Fargo Bank, National Association, their
prepetition senior secured lender and proposed post-petition DIP
Lender, have developed the Bidding Procedures to provide potential
purchasers with flexibility to propose acquisition transactions.  

In July of 2018, the Debtors retained their investment banker, DA
Davidson & Co., to assist them in negotiating with interested
parties, preparing for and initiating marketing efforts and
facilitating due diligence by various parties.  DA Davidson has
been extensively marketing the Debtors' Assets since their
engagement and will continue to do so to maximize the value
achieved by this sale process.  As part of the negotiations with
Wells Fargo over the terms and conditions of the pending DIP
Facility, the Debtors have agreed to several milestones related to
the sale of their Assets.

To obtain the best sale process, the Debtors ask the flexibility to
name a stalking horse bidder if the circumstances arise.  As is
customary, they would like the flexibility to grant a Stalking
Horse Purchaser one or more of a limited break-up fee, expense
reimbursement, or other limited bid protections, subject to further
Court approval.  Accordingly, the Debtors are reserving the right
to ask that the Court approves their selection of a Stalking Horse
Purchaser, if applicable, and will provide the Court with
appropriate notice thereof.

The salient terms of the Bidding Procedures are:

     a. Bid Deadline: Dec. 14, 2018 at 12:00 p.m. (ET)

     b. Initial Bid: In the event that there is a Stalking Horse
Purchaser, and the Qualifying Bidder wishes to bid on the same
Assets that are included in the Stalking Horse Agreement, the
aggregate consideration proposed by the Qualifying Bidder must
equal or exceed the sum of the amount of (A) the purchase price
under the Stalking Horse Agreement, plus (B) any break-up fee,
expense reimbursement, or other bid protection provided under the
Stalking Horse Agreement, plus (C) $100,000.

     c. Deposit: 10% of the total consideration provided under the
proposed Transaction Agreement

     d. Auction: The Auction will be held on Dec. 18, 2018 at 10:00
a.m. (ET) at a location to be determined by the Debtors.

     e. Bid Increments: $100,000

     f. Sale Hearing: Dec. 19, 2018

     g. Closing: Dec. 21, 2018

     h. Any party that wishes to submit a credit bid either as a
component, or as the entirety, of the consideration for its bid
will identify the amount of the claim and the nature, extent, and
priority of the lien upon which its credit bid is premised.
The Debtors also ask approval of the Sale Notice.  Within two
business days after the entry of the Bidding Procedures Order, the
Debtors will serve the Sale Notice upon all Sale Notice parties.

To facilitate the Sale, the Debtors ask authority to potentially
assume and assign to any acquirer in a Sale the Assumed Contracts
in accordance with the Assumption and Assignment Procedures.  These
procedures include (ii) the identification of contracts that could
potentially be assumed or assumed and assigned and the proposed
Cure Amount; (ii) service of an assumption notice; (iii) the
provision of at least 10 days for Counterparties to the Assumed
Contracts to object to the Debtors' ability to assume and/or assign
the contract and proposed Cure Amount, excluding adequate assurance
of future performance of the applicable Debtor or assignee; and
(iv) the condition that failure to timely object to the proposed
assumption, assignment (if applicable), he Cure Amount and adequate
assurance of future performance will result in the Counterparty
being deemed to consent to the proposed assumption or assumption
and assignment and Cure Amount.

The Bidding Procedures Order, if approved, will establish these
other proposed key dates (all times in ET), which the Debtors
believe is appropriate to arrive at a value maximizing
transaction.

     a. Bidding Procedures Hearing: Nov. 28, 2018

     b. Deadline to serve Sale Notice: Nov. 30, 2018

     c. Deadline to serve Assumption Notice: Nov. 30, 2018

     d. Deadline to object to Assumption Notice (other than
adequate assurance): Dec. 13, 2018 at 4:00 p.m.

     e. Deadline to object to Sale (other than with respect to
assumption and assignment): Dec. 13, 2018 at 4:00 p.m.

     f. Deadline to object to adequate assurance: At Sale Hearing

     g. Deadline to Object to Conduct of Auction: At Sale Hearing

The Debtors will also promptly make the disclosures required under
Bankruptcy Rules 6004 and Local Rule 6004-1(b) with respect to any
definitive Transaction Agreement they enter into, including any
Stalking Horse Agreement.

Finally, the Debtors ask the Court to waive the 14-day stay imposed
by Bankruptcy Rule 6004(h) and 6006(d) to the extent applicable.

A copy of the Bidding Procedures, the Sale Notice and the
Assumption Notice attached to the Motion is available for free at:

     http://bankrupt.com/misc/Advanced_Sports_37_Sales.pdf

               About Advanced Sports Enterprises

Advanced Sports Enterprises, Inc., designs, manufactures and sells
bicycles and related goods and accessories.

Advanced Sports is a wholesale seller of bicycles and accessories.
ASI owns the following bicycle brands and is responsible for their
design manufacture and worldwide distributions: Fuji, Kestrel, SE
Bikes, Breezer, and Tuesday.

Performance Direct, Inc., designs, manufactures and sells bicycles
and related goods and accessories and operates a national
distribution of these goods under the Performance Bicycle brand
through an internet website business via the URL
http://www.performancebike.com/
   
Bitech, Inc., operates 104 retail stores across 20 states under the
Performance Bicycle brand related to the sale of bicycles and
related good and accessories.  The businesses of Performance and
Bitech operate in conjunction with each other and they share a
number of services and a distribution warehouse.

Nashbar Direct, Inc. designs, manufactures and sells bicycles and
related goods and accessories under the Bike Nashbar brand through
an internet website business via the URL www.bikenashbar.com.  The
businesses of Nashbar also operate in conjunction with Performance
and share services and a distribution warehouse.

Advanced Sports Enterprises and its affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. M.D.N.C. Lead Case
No. 18-80856) on Nov. 16, 2018.  In the petitions signed by signed
by Patrick J. Cunnane, president, the Debtors disclosed their
assets and liabilities as follows:

    * Advanced Sports Enterprises'
      Estimated Assets: $1 million to $10 million
      Estimated Liabilities: $10 million to $50 million

    * Advanced Sports, Inc.'s
      Estimated Assets: $100 million to $500 million
      Estimated Liabilities: $50 million to $100 million

    * Bitech, Inc.'s
      Estimated Assets: $10 million to $50 million
      Estimated Liabilities: $50 million to $100 million

    * Nashbar Direct's
      Estimated Assets: $1 million to $10 million
      Estimated Liabilities: $1 million to $10 million

    * Performance Direct's
      Estimated Assets: $50 million to $100 million
      Estimated Liabilities: $100 million to $500 million

The cases have been assigned to Judge Benjamin A. Kahn.

The Debtors tapped Northen Blue, LLP and Flaster/Greenberg P.C. as
their bankruptcy counsel; D.A. Davison & Co. as investment banker;
Clear Thinking Group LLC as financial advisor; and Kurtzman Carson
Consultants LLC as claims, noticing and balloting agent.


AGPB LLC: U.S. Trustee Unable to Appoint Committee
--------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of AGPB, LLC as of Dec. 3, according to a court
docket.

                          About AGPB LLC

AGPB, LLC, doing business as AlphaGraphics --
https://www.alphagraphics.com/ -- is a full-service printing and
marketing company in Palm Beach Gardens, Florida.  AlphaGraphics
offers printing on apparel, textile products, glass, metals,
papers, and more.

AGPB, LLC, based in Palm Beach Gardens, Florida, filed a Chapter 11
petition (Bankr. S.D. Fla. Case No. 18-23206) on Oct. 24, 2018.  In
the petition signed by Timothy J. Kerbs, president of manager, the
Debtor estimated $100,000 to $500,000 in assets and $1 million to
$10 million in liabilities.  The Hon. Erik P. Kimball presides over
the case.  Malinda L. Hayes, Esq., at Markarian & Hayes, is the
Debtor's bankruptcy counsel.


ALLIANCE BIOENERGY: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Alliance BioEnergy Plus, Inc. as of Dec. 3,
according to a court docket.

                 About Alliance BioEnergy Plus

West Palm Beach, Florida-based Alliance BioEnergy Plus, Inc. --
http://www.alliancebioe.com/-- is a publicly-traded technology
company focused on emerging technologies in the renewable energy,
biofuels, and new technologies sectors.  The company is now focused
on the development and commercialization of the licensed technology
it controls through its affiliate Carbolosic, LLC.  Through its
wholly-owned subsidiary, AMG Energy, the company owns Ek
Laboratories, Inc. and a 50% interest in Carbolosic (which includes
certain licensing rights in North America and Africa).

Alliance BioEnergy Plus sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Fla. Case No. 18-23071) on Oct. 22,
2018.  In the petition signed by CEO Benjamin Slager, the Debtor
estimated assets of $1 million to $10 million and liabilities of $1
million to $10 million.  Judge Erik P. Kimball presides over the
case.  The Debtor tapped Mancuso Law, P.A. as its legal counsel.


ANTONETTE'S OF EAST HILLS: Restaurant Proposes Dec. 19 Auction
--------------------------------------------------------------
Antonette's of East Hills, LLC, asks the U.S. Bankruptcy Court for
the Eastern District of New York to authorize the public sale of
its business, lease and personal property at public auction.

A hearing on the Motion is set for Dec. 17, 2018 at 1:30 p.m.
(EST).  The objection deadline is Dec. 10, 2018 at 4:00 p.m.

Since the bankruptcy filing, the Debtor has been marketing and
discussing the sale of its business with prospective third party
purchasers.  It believes that there is significant value in selling
the Assets collectively to a prospective buyer in the restaurant
business.

The Debtor's Assets consists of all liquor and nonperishable food;
all furniture, fixtures and equipment; all glassware, flatware,
dishes and bar related implements and utensils; all computers,
hardware and software, including the POS system ("Personal
Property"), and the Debtor's lease of the Real Property and
leasehold improvements which term expires on Dec. 31, 2036.
Current monthly rent under the Lease is $13,525 and current annual
real estate taxes (including Village) are $73,159.  The Debtor also
has invested approximately $600,000 in improvements to the Real
Property and there is inherent goodwill associated with its
restaurant business.

There are tax liens and tax warrants filed against the Debtor and
it is determining to what extent either NYS or the IRS has priority
and to what extent those tax liens and warrants encumber the
Assets.  It also owes rent and additional rent to the Landlord of
over $100,000 which is offset to some extent by the $35,000
security deposit the Landlord holds.

The sale is required to close no later than seven days after (i)
entry of the Sale Approval Order and (ii) entry of an order
authorizing the Debtor to assume and assign the Lease to the
Successful Bidder.  The Debtor believes that a public auction sale
offers the best opportunity to maximize the value of the Assets.

The Debtor will consider at Auction a bid from any Qualified Bidder
and will select the highest and best bid at the Auction.  It
reserves its right to offer, in its sole and absolute discretion,
certain stalking horse rights and/or bid protections to any such
applicable opening bidder as follows: up to a 2.5% breakup fee
payable solely from sale proceeds received by the Debtor upon
closing to a higher bidder, and a first overbid of up to 5% over
the opening bid.

The Debtor intends on further marketing the Assets via Maltz
through the date of the Auction Sale in order to maximize interest
and the ultimate Purchase Price.  The Auction Sale will offer the
Assets for sale "as is, where is," and free and clear of all Liens,
with any such Liens to attach to the proceeds of sale in the order
and priority as they existed on the Filing Date, as further set
forth in the annexed Terms and Conditions of Sale.  The Successful
Purchaser will take the Lease subject to all obligations
thereunder.

In order to facilitate an orderly sale of the Assets, the Debtor
submits that the Court approves the annexed Terms and Conditions of
Sale, pursuant to which bids for the Assets will be solicited at
the Auction.

Pursuant to the Terms and Conditions of Sale, the Auction Sale will
be held on Dec. 19, 2018 at 11:00 a.m. at the Real Property (290
Glen Cove Road, Roslyn Heights, New York).  All prospective bidders
must deliver no later than Dec. 17, 2018 at 5:00 p.m. to the Debtor
or Maltz, a certified or bank check, in the amount of $20,000,
payable to the Debtor, prior to the commencement of the Auction
Sale, which amount will serve as a partial good faith deposit
against payment of the Purchase Price.

The Successful Purchaser will (a) deliver a certified or bank
check, in an amount of at least 10% of the bid price minus the
Qualifying Deposit, plus a 5% Buyer's Premium (for the Brokerage
commission), within 48 hours of the Auction Sale, and (b) pay the
balance of the Purchase Price for the Assets to the Debtor at the
closing for and/or upon the transfer of the Assets to the
Successful Purchaser.

As further set forth in the Terms and Conditions, all due diligence
by any interested party or bidder will be borne by such party or
bidder.  Additionally, all sales taxes, and all transfer taxes, if
any, that are not otherwise exempt under applicable state law, will
be borne by the Successful Purchaser.

There are no contingencies of any kind on the part of the
Successful Purchaser.  In the event the Debtor cannot obtain the
Sale Confirmation Order and the Assumption and Assignment Order,
and/or otherwise deliver the Assets to the Successful Purchaser,
then the sole recourse of the Successful Purchaser is to receive a
refund of the Deposit (and the Buyer's Premium).

The Successful Purchaser must close on the sale of the Assets
within seven calendar days after the last to occur of the entry of
the (a) Sale Confirmation Order and (b) Assumption and Assignment
Order, although such date may be extended by the Debtor in its sole
and absolute discretion. As to the Successful Purchaser, time is of
the essence to close the transaction.  No transaction will be
deemed final until it has been approved by the Court.  The Court
and all interested parties are respectfully referred to the Terms
and Conditions of Sale for the precise terms thereof.

Immediately following the Auction Sale, on Dec. 19, 2018 at 1:30
p.m., the Debtor will ask Court approval of the Auction Sale
results.  Upon entry of the Sale Confirmation Order and the
Assumption and Assignment Order, the Debtor will be in a position
to move forward with the sale and close on the sale of the Assets
as soon as practicable.

The Debtor has determined that the immediate public sale of its
Assets will provide the creditors of the estate with the greatest
possible recovery in this case.  Accordingly, it respectfully asks
that the Court grants the requested relief and such other relief as
is equitable and appropriate.

The Debtor is asking that the stay under Bankruptcy Rule 6004(h) be
waived and that there be no stay of execution of the Sale Order
under Bankruptcy Rule 7062.

A copy of the Terms and Conditions attached to the Motion is
available for free at:

    http://bankrupt.com/misc/Antonettes_of_East24_Sales.pdf

                  About Antonette's of East Hills

Antonette's of East Hills, LLC is a New York limited liability
company operating a restaurant located at 290 Glen Cove Road, East
Hills, New York.  Antonette's of East Hills sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. E.D.N.Y. Case No.
18-76802) on Oct. 9, 2018.  At the time of the filing, the Debtor
estimated assets of less than $50,000 and liabilities of less than
$50,000.  The case has been assigned to Judge Robert E. Grossman.
The Debtor tapped Spence Law Office, P.C., as its legal counsel.


ANVIL HOLDINGS: Seeks to Hire Asandrov Law Offices as Counsel
-------------------------------------------------------------
Anvil Holdings LP seeks approval from the U.S. Bankruptcy Court for
the Western District of New York to hire Asandrov Law Offices as
its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code and will provide other legal services related to
its Chapter 11 case.

Asandrov Law Offices will charge an hourly fee of $200.  The firm
received $2,000 of the initial retainer of $2,300.  

The firm can be reached through:

     Louis V. Asandrov, Esq.
     Asandrov Law Offices
     109 Colvin St.
     Rochester, NY 14611
     Phone: (585) 546-7620  
     E-mail: louisasandrov@gmail.com

                      About Anvil Holdings LP

Anvil Holdings LP sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D.N.Y. Case No. 18-21092) on Oct. 24,
2018.  At the time of the filing, the Debtor estimated assets of
less than $500,000 and liabilities of less than $500,000.


ATD CORP: Michelin North America, Sailun Jinyu Leave Committee
--------------------------------------------------------------
Andrew Vara, acting U.S. trustee for Region 3, on Dec. 4 disclosed
in a court filing that Michelin North America, Inc. and Sailun
Jinyu Group, LTD. are no longer members of the official committee
of unsecured creditors in the Chapter 11 cases of ATD Corporation
and its affiliates.

The remaining committee members are Continental Tire The Americas,
LLC, Cooper tire & Rubber Company, Sumitomo Rubber of North
America, Pirelli Tire LLC and Ryder Truck Rental

                   About ATD Corp/American Tire

Headquartered in Huntersville, North Carolina, ATD Corporation and
its subsidiaries -- https://www.atd-us.com -- are distributors of
replacement tires with more than 140 distribution centers and 1,400
delivery vehicles servicing a geographic region covering more than
90 percent of the replacement tire market for passenger vehicles
and light trucks in the United States.  ATD offers the broadest
variety of products and value-added services that range from
premium-quality tires and popular custom wheels to business support
services and online platforms that cater to tire retailers and
their potential customers.  ATD has its own proprietary
private-label and exclusive tire brands, such as Hercules and
Ironman, to supplement its supply of industry-leading brand-name
tires, including Continental, Michelin, Pirelli, Cooper, Nexen,
Toyo-Nitto, Hankook, Kumho, and Falken among others.  The Debtors
and their non-debtor subsidiaries currently employ approximately
5,500 people in the United States and Canada.

ATD Corporation and eight of its affiliates filed for bankruptcy on
Oct. 4, 2018 (Bankr. D. Del. Lead Case No. 18-12221).  In the
petition signed by CFO William Williams, the Debtors estimated
assets and liabilities of $1 billion to $10 billion.

The Hon. Kevin J. Carey presides over the cases.

The Debtors tapped Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as general bankruptcy counsel; Pachulski Stang
Ziehl & Jones LLP as local bankruptcy counsel; Moelis & Company as
financial advisor; AlixPartners LLP as restructuring advisor; and
Kurtzan Carson Consultants, LLC as notice and claims agent.

Andrew Vara, acting U.S. trustee for Region 3, appointed an
official committee of unsecured creditors on Oct. 19, 2018.  The
committee tapped Benesch, Friedlander, Coplan & Aronoff LLP and
Kelley Drye & Warren LLP as its legal counsel.


ATI MERGER: Moody's Assigns B3 Corp. Family Rating, Outlook Stable
------------------------------------------------------------------
Moody's Investors Service assigned a B3 Corporate Family Rating and
B3-PD Probability of Default Rating to ATI Merger Sub, Inc. ATI
Merger Sub, Inc., the initial borrower, will be merged with and
into Avalign Holdings, Inc. Avalign is being acquired by Linden
Capital Partners. Moody's also assigned a B2 rating to the
company's proposed $235 million senior secured first lien credit
facilities. The senior secured first lien credit facilities are
comprised of a $35 million revolving credit facility expiring in
2023 and a $200 million term loan due 2025. The rating outlook is
stable.

Proceeds from the $200 million senior secured term loan, along with
a privately placed $90 million secured second lien term loan and
approximately $309 million of sponsor equity contribution will be
used to pay for the leveraged buyout of Avalign by Linden Capital
and to pay transaction related fees and expenses.

Ratings Assigned:

Issuer: ATI Merger Sub, Inc.

Corporate Family Rating, Assigned B3

Probability of Default Rating, Assigned B3-PD

$35 million Senior Secured 1st lien Revolving Credit Facility
expiring 2023, Assigned B2 (LGD3)

$200 million Senior Secured 1st lien Term Loan due 2025, Assigned
B2 (LGD3)

Outlook Actions:

Issuer: ATI Merger Sub, Inc.

Outlook, Assigned Stable

RATINGS RATIONALE

The B3 CFR reflects Avalign's high financial leverage, small scale
and customer concentration. The company's estimated Moody's
adjusted debt/EBITDA, including pro forma adjustments, will be
approximate 6.7 times at the end of 2018. The rating also reflects
Moody's view that the company will continue to be acquisitive,
likely requiring addition debt. That said, Avalign's medical
products contract manufacturing business is characterized by high
barriers to entry and switching costs. This is because of the
significant amount of time and investment required for its
customers to obtain product regulatory approvals, of which Avalign
is an integrated part. For this reason, the company tends to have
long-term relationships with its customers, lending stability to
revenue and cash flow. Further, Moody's anticipates that the
company will generate small positive free cash flow given its good
profit margins and low capital expenditure needs. The ratings also
reflect Moody's view that the demand for orthopedic products, which
constitute around 75% of Avalign's business, will continue to grow
as the US population ages.

The rating outlook is stable. The stable outlook reflects Moody's
expectation that, although operating earnings will grow at a
moderate pace, Avalign's leverage will remain high as it is likely
to pursue debt-funded growth strategy.

Ratings could be downgraded if the company's liquidity and/or
operating performance deteriorates, or if the company fails to
effectively manage its growth. The ratings could also be downgraded
if the company's pursues an aggressive debt funded acquisition
strategy or if free cash flow becomes negative on a sustained
basis.

Ratings could be upgraded if Avalign materially increases its size
and scale, diversifies its product portfolio and demonstrates
stable organic growth at the same time it effectively executes on
its expansion strategy. Adjusted debt/EBITDA will need to be
sustained below 5.0 times to support an upgrade.

Avalign is a developer, manufacturer and supplier of implants,
cutting tools, specialty surgical instruments and metal
thermoformed cases and trays for medical devices original equipment
manufacturers. The company's pro forma revenue for 2018 is
approximately $200 million.

The principal methodology used in these ratings was Medical Product
and Device Industry published in June 2017.


B.L.E. INC: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------
Debtor: B.L.E., Inc.
        1227 High Ridge Road, Suite 335
        Stamford, CT 06905

Business Description: B.L.E., Inc. is in the business of
                      commercial and industrial machinery and
                      equipment (except automotive and electronic)
                      repair and maintenance.  The Company
                      previously sought bankruptcy protection on
                      Aug. 23, 2018 (Bankr. D. Conn. Case No. 18-
                      51102).

Chapter 11 Petition Date: December 5, 2018

Court: United States Bankruptcy Court
       District of Connecticut (Bridgeport)

Case No.: 18-51588

Judge: Hon. Julie A. Manning

Debtor's Counsel: Douglas J. Lewis, Esq.
                  EVANS & LEWIS, LLC
                  93 Greenwood Avenue
                  Bethel, CT 06801
                  Tel: (203) 743-7644
                  Fax: 203-797-9921
                  E-mail: lewisdouglas74@yahoo.com

Total Assets: $492,600

Total Liabilities: $1,092,956

The petition was signed by Adam H. Betts, president.

A copy of the Debtor's list of 20 largest unsecured creditors is
available for free at:

      http://bankrupt.com/misc/ctb18-51588_creditors.pdf

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

            http://bankrupt.com/misc/ctb18-51588.pdf


BAKER MANUFACTURING: Committee Taps Stewart Robbins as Counsel
--------------------------------------------------------------
The official committee of unsecured creditors of Baker
Manufacturing Company, Inc., seeks approval from the U.S.
Bankruptcy Court for the Western District of Louisiana to hire
Stewart Robbins & Brown, LLC as its legal counsel.

The firm will advise the committee regarding its duties under the
Bankruptcy Code; participate in negotiation with representatives of
the Debtor concerning a plan of reorganization; investigate the
Debtor's assets and liabilities; and provide other legal services
related to the Debtor's Chapter 11 case.

Stewart Robbins will charge at these hourly fees:

     Paul Douglas Stewart, Jr.     Member        $405
     William Robbins               Member        $395
     Brandon Brown                 Member        $395
     Brooke Altazan                Member        $315
     Jamie Cangelosi               Member        $305
     Amie LeBlanc                  Paralegal     $120
     Kimberly Heard                Paralegal     $120

The firm's attorneys are "disinterested" as defined in Section
101(14) of the Bankruptcy Code, according to court filings.

Stewart Robbins can be reached through:

     Paul Douglas Stewart, Jr., Esq.
     Stewart Robbins & Brown, LLC       
     310 Main Street, Suite 1640
     P.O. Box 2348       
     Baton Rouge, LA 70821-2348       
     Phone: (225) 231-9998
     Fax: (225) 709-9467
     Email: dstewart@stewartrobbins.com

                 About Baker Manufacturing Company

Baker Manufacturing Company, Inc. --
http://www.bakermanufacturing.com/-- is a manufacturer and
supplier of institutional furniture for large-scale government and
private sectors.  JRB Studio, a Baker Manufacturing brand, is in
the business of designing and manufacturing height-adjustable
tables.

Baker Manufacturing Company sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. W.D. La. Case No. 18-81104) on Nov. 5,
2018.  In the petition signed by CEO Charles Martin, the Debtor
estimated assets of $1 million to $10 million and liabilities of
$10 million to $50 million.  

The Hon. John W. Kolwe is the case judge.  

The Debtor tapped Jones Walker LLP as its legal counsel.

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors on Nov. 20, 2018.  Stewart Robbins & Brown,
LLC, is the committee's legal counsel.


BJRP LLC: Tower IV Buying Substantially All Assets for $750K
------------------------------------------------------------
BJRP, LLC, asks the U.S. Bankruptcy Court for the Northern District
of Ohio to authorize it to enter into the Asset Purchase Agreement
dated Nov. 16, 2018 with Tower, together with all related
documents, agreements, exhibits, schedules, and addenda thereto,
with Tower IV, LLC or its designee in connection with the private
sale of substantially all assets for (i) $$750,000, (i) the Cash on
Hand Amount; (iii) the Cash Bid Amount; and (iv) payment of Cure
Costs for the Assumed Real Property Leases, subject to overbid.

Since the Petition Date, the Debtor has discussed a potential sale
of its assets with multiple interested parties, including Tower.
In October 2018, Tower approached the Debtor regarding an offer to
purchase the Debtor's assets.  In its reasonable business judgment,
the Debtor has determined that Tower's offer to purchase the Assets
pursuant to the APA constitutes the highest and best offer at this
time, and provides the best opportunity for the Debtor to maximize
the value of the Assets.

Tower owns no interest in the Debtor.  The Debtor is indebted to
Tower based on certain loans purchased by Tower from Peoples Bank
pursuant to the Loan Purchase Agreement dated June 18, 2018 between
Peoples and Tower, pursuant to which Tower is the owner and holder
of (i) the Promissory Note from BJRP payable to the order of Tower
(through an assignment) in the face amount of $1.7 million dated
July 1, 2009; (ii) the Promissory Note from BJRP payable to the
order of Tower (through an assignment) in the face amount of $1
million dated July 25, 2011; and (iii) the Promissory Note from
BJRP payable to the order of Tower (through an assignment) in the
face amount of $35,000 dated May 28, 2009.  This debt owed by the
Debtor to Tower is secured by a first and best lien on all of the
Debtor's assets.

As of the Petition Date, the indebtedness owed by the Debtor to
Tower includes principal and interest due on the Notes in the
amount of $984,126 (consisting of $963,263 in principal and $20,863
in interest), plus accrued and accruing interest, fees, costs,
expenses, and other charges.  In addition, Tower made an additional
advance of $80,000 under the Notes to the Debtor and, under certain
circumstances and in Tower's sole discretion, is authorized to make
an additional advance of up to $20,000.

Accordingly, after arms'-length, good faith negotiations, the
Debtor and Tower executed the APA that is conditioned on approval
of the Court and includes these material terms:

     (a) Consideration consisting of the following: (i) the Credit
Bid Amount of $750,000; (ii) the Cash on Hand Amount, up to an
amount equal to the SellerCosts, for payment of the Seller Costs;
(iii) the Cash Bid Amount, to the extent that the Cash on Hand
Amount is less than the Seller Costs in which case Purchaser will
pay Seller up to an additional $100,000 to cover the deficiency, if
any; and (iv) payment of Cure Costs for the Assumed Real Property
Leases pursuant to an agreement between the Purchaser and the
counterparty or counterparties to the Assumed Real Property Leases,
or otherwise pursuant to an order from the Bankruptcy Court;

     (b) Purchased Assets: The assets specifically set forth in
Section 1.1(a) of the APA.

     (c)  Tower's Assumed Liabilities: Only (i) all Liabilities
which first accrue and are to be performed from and after the
Closing under the Assumed Agreements, which relate to periods of
time on or after the Closing Date, (ii) Liabilities and obligations
relating to and arising from Tower's operation of the Purchased
Assets after the Closing Date and (iii) other Liabilities (if any)
as set forth on Schedule 1.2 of the APA.

     (d) Credit Bid: Tower will be permitted to credit bid the
Credit Bid Amount and under no circumstances will any portion of
such amount be converted to or otherwise require a cash payment.

     (e) Private Sale: The transaction contemplated by the APA is a
private sale, but subject to the rights of the Debtor pursuant to
its fiduciary duties to consider higher and better offers for the
Purchased Assets.

The Assets will be sold free and clear of all liens, claims,
encumbrances or other interests, with such liens, claims, rights,
interests and encumbrances to attach to the sale proceeds of the
Assets.

In order to enhance the value to the their estate, the Debtor asks
approval of the assumption and assignment of the Assumed Agreements
to Tower upon the closing of the transaction contemplated under the
APA and payment of the cure costs for the Assumed Agreements.  In
accordance with the terms of the APA, Tower is obligated to pay the
Cure Costs, if any, and is also responsible for satisfying any
requirements regarding adequate assurance of future performance
that may be imposed.

Contemporaneous with the filing of the Motion, the Debtor is also
filing a Notice to Counterparties to Executory Contracts and
Unexpired Leases That Will Be Assumed and Assigned, and Rejected.

Recognizing the value of providing an offer for the Assets, the
Debtor and Tower have negotiated a provision in the APA that
provides for an expense reimbursement of actual and reasonable out
of pocket expenses of up to $100,000 incurred by Tower in the event
that the Debtor enters into an Alternative Transaction for the
Assets.

The Debtor submits that the terms of the APA represent the highest
and best offer for the Assets, as Tower's offer is currently the
only viable offer to purchase the Assets under the current
circumstances.  The proposed transaction will maximize the value of
the Assets for all interested parties.  The Debtor believes that
the Expense Reimbursement is a fair, reasonable and necessary cost
of the administration of the estate and should be approved.

Notwithstanding its desire to consummate the APA with Tower, the
Debtor has listed and continues to offer its restaurant operations
for sale through two nationally recognized venues used for
restaurant sales.  To conserve the resources of all parties
involved, the Debtor is requiring that any other party interested
in making a bid for the Assets do so by Dec. 11, 2018 at 5:00 p.m.
(ET).  

In order for a third party bid to be considered as an Alternative
Transaction to the sale to Tower under the APA, such Qualified Bid
must be (i) non-contingent; (ii) for a purchase price to be made in
cash or wire transfer that exceeds the Consideration by at least
$100,000; (iii) accompanied by a signed asset purchase agreement in
form and substance substantially similar to the APA (together with
a redline copy showing changes to the APA); (iv) not subject to
other conditions beyond those imposed by Tower; (v) open until the
entry of a Sale Order; (vi) on terms and conditions no less
favorable to the Debtor than the terms and conditions in the APA;
(vii) accompanied by evidence to the Debtor's reasonable
satisfaction establishing that the bidder is capable and qualified,
financially, legally and otherwise, of unconditionally performing
all obligations under the asset purchase agreement; (viii)
accompanied by a cashier's check or other good funds made payable
to the Debtor in the amount of $100,000; (ix) for substantially all
of the Purchased Assets; (x) final and binding as to Cure Costs for
each applicable counterparty and authorizes the Debtor to pay such
Cure Costs directly from the sale proceeds; and (xi) submitted on
or before the Bid Deadline.

The Debtor anticipates holding an auction for the Assets on Dec.
14, 2018 in the event a Qualified Bid is timely received, and then
it will ask separate approval of the Alternative Transaction based
on the nature of the Alternative Transaction.  If such an
Alternative
Transaction is ultimately approved by the Court; the Debtor will
also ask approval to pay the Expense Reimbursement to Tower.

In order to allow the immediate realization of value for the
Assets, the Debtor asks that any order granting the Motion is
effective immediately and not subject to the 14-day stay imposed by
Bankruptcy Rules 6004(h) and 6006(d).

A copy of the APA attached to the Motion is available for free at:

    http://bankrupt.com/misc/BJRP_LLC_47_Sales.pdf

The Purchaser:

         TOWER IV, LLC
         200 Park Avenue, Suite 400
         Orange Village, OH 44122
         Attn: Sean O'Brien
         E-mail: seanobrien1414@gmail.com

The Purchaser is represented by:

         Michael S. Tucker, Esq.
         Todd A. Atkinson, Esq.
         ULMER & BERNE LLP
         1660 W. 2nd St., Suite 1100
         Cleveland, OH 44113
         E-mail: mtucker@ulmer.com
                 tatkinson@ulmer.com

                       About BJRP, LLC

BJRP LLC, based in Beachwood, OH, filed a Chapter 11 petition
(Bankr. Ohio Case No. 18-15839) on Sept. 28, 2018.  The Hon. Arthur
I. Harris presides over the case. Richard A. Baumgart, Esq., at
Dettelbach Sicherman & Baumgart LLC, serves as bankruptcy counsel.
In the petition signed by CEO Brad Friedlander, the Debtor
disclosed $442,000 in assets and $3,502,443 in liabilities.  The
Debtor employed Dettelbach Sicherman & Baumgart LLC, as attorney to
the Debtor.


BOJANGLES INC: Moody's Rates New $350 Secured Loans 'B2'
--------------------------------------------------------
Moody's Investors Service assigned a B2 rating to Bojangles', Inc.
proposed $50 million 1st lien senior secured revolving credit
facility and $300 million 1st lien senior secured term loan and a
Caa2 rating to the company's proposed $75 million 2nd lien senior
secured term loan. In addition, Moody's assigned Bojangles a B3
Corporate Family Rating and B3-PD Probability of Default Rating.
The outlook is stable.

Proceeds from the proposed senior secured bank facilities and
approximately $389 million of common equity contributed by
affiliates of Durational Capital Management and The Jordan Company
will be used to fund the acquisition of Bojangles. Moody's ratings
and outlook are subject to receipt and review of final
documentation.

"The ratings reflect Bojangles high leverage and modest interest
coverage pro forma for the acquisition with leverage of about 6.5
times and coverage of around 1.4 times for the LTM period ending
September 30, 2018, as well as weak operating metrics, particularly
traffic and a high level of regional concentration" stated Bill
Fahy, Moody's Senior Credit Officer. "However, the ratings also
reflect Bojangles strong brand awareness and above average sales
per restaurant in its core markets, good day-part distribution that
includes a significant breakfast component, material equity
component to partially finance the acquisition and adequate
liquidity." stated Fahy.

Assignments:

Issuer: Bojangles', Inc.

Probability of Default Rating, Assigned B3-PD

Corporate Family Rating, Assigned B3

Guaranteed Senior Secured 1st Lien Bank Credit Facility, Assigned
B2 (LGD3)

Senior Secured 2nd Lien Bank Credit Facility, Assigned Caa2 (LGD5)


Outlook Actions:

Issuer: Bojangles', Inc.

Outlook, Assigned Stable

RATINGS RATIONALE

Bojangles is constrained by its high leverage and modest interest
coverage, as well as its weak operating metrics and geographic
concentration. Moreover, a high level of competition focused on
value and cost pressures related to labor and commodities will make
it challenging to materially improve traffic and earnings over the
intermediate term. The company benefits from a strong brand
awareness and above average sales per restaurant in its core
markets of North and South Carolina, good day-part distribution
that includes a significant breakfast component that help to drive
high average unit volumes, material amount of contributed equity
and adequate liquidity.

The stable outlook reflects Moody's view that earnings, credit
metrics and operating metrics -- particularly traffic -- will
gradually improve as various costs saving and operational
initiatives are implemented and gain traction, new restaurants are
added and management focuses on debt reduction over and above
mandatory amortization. The outlook also incorporates our view that
Bojangles will maintain adequate liquidity and new restaurant
additions will be at a measured pace.

Factors that could result in an upgrade include a sustained
improvement in same store sales -- particularly traffic and
earnings that resulted in stronger credit metrics. Specifically, a
higher rating would require debt to EBITDA of below 5.5 times and
EBIT coverage of gross interest of about 1.75. An upgrade would
also require good liquidity.

A downgrade could occur if on a sustained basis debt to EBITDA was
over 6.5 times or EBIT to interest coverage was below 1.25 times. A
deterioration in liquidity could also result in a downgrade.

Bojangles, with headquarters in Charlotte, NC, owns and operates
about 320 and franchises around 445 restaurants in 11 states under
the Bojangles brand name. Annual revenues are about $568 million,
although systemwide sales are about $1.3 billion. The company will
be owned equally by private equity firms Durational Capital
Management and The Jordan Company.

The principal methodology used in these ratings was Restaurant
Industry published in January 2018.


CALLAWAY GOLF: Moody's Assigns Ba3 CFR, Outlook Stable
------------------------------------------------------
Moody's Investors Service assigned a Ba3 Corporate Family Rating
and Ba3-PD Probability of Default Rating to Callaway Golf Company.
Moody's also assigned a Ba3 rating to a proposed $480 million
senior secured term loan B and an SGL-2 speculative grade liquidity
rating. The rating outlook is stable.

"Proceeds from the term loan will be used to fund the acquisition
of Jack Wolfskin by Callaway," said Kevin Cassidy, Senior Credit
Officer at Moody's Investors Service. Callaway expects the
transaction to close in Q1 2019.

Callaway manufactures and sells golf clubs, golf balls, and golf
and lifestyle apparel and accessories under the Callaway Golf,
Odyssey, OGIO and Travis Mathew brands worldwide. Jack Wolfskin is
an international, outdoor apparel, footwear and equipment brand.

Ratings assigned:

Corporate Family Rating at Ba3;

Probability of Default Rating at Ba3-PD;

$480 million senior secured term loan due 2025 at Ba3 (LGD 4);

Speculative Grade Liquidity Rating at SGL-2;

The outlook on all ratings is stable.

RATINGS RATIONALE

Callaway's Ba3 CFR reflects its concentration in a niche, highly
discretionary consumer product segment. Callaway's ratings are also
constrained by the risks associated with its expansion into
non-golf-related apparel products, in an industry with very
different competitive dynamics than its traditional golf business.
Callaway will also face integration risks with the Jack Wolfskin
acquisition, a company that had been in financial distress in the
recent past. Callaway's inexperience with operating with financial
leverage also constrains its rating. Callaway's ratings are
supported by its leading market position and strong brand name in
the golf industry. The rating also reflects Callaway's modest
financial leverage at around 3.0 times debt/EBITDA and solid scale
with pro forma revenue around $1.6 billion. The resiliency of the
golf industry during economic downturns is also factored into the
rating.

The SGL-2 rating reflects Moody's expectation that Callaway will
operate with good liquidity over the next 12-18 months. This
reflects the rating agency's view that the company will be able to
fund all of its basic obligations through internally generated cash
and cash on hand. Callaway intends to upsize its ABL revolver to
$400 million. The ABL expires in November 2022.

The Ba3 rating on the secured term loan is the same as the Ba3 CFR
as it represents the preponderance of debt in the capital
structure. The term loan benefits from upstream guarantees from
operating subsidiaries.

The stable outlook reflects Moody's expectation that demand for the
company's golf products will remain stable, while acknowledging
that there may be some volatility in its apparel business. In its
outlook, Moody's also assumes that Callaway's financial leverage
will remain below 3 times.

Ratings could be downgraded if Callaway's operating performance
weakens or liquidity deteriorates. Failure to integrate the Jack
Wolfskin acquisition or difficulty executing its growth strategy in
apparel could also lead to a downgrade. The rating could also be
lowered if the company adopts a more aggressive financial policy
with respect to debt-financed shareholder returns.

An upgrade would require a meaningful improvement in size and
product diversification. The company would also need to demonstrate
success in the competitive outdoor apparel industry before Moody's
would consider an upgrade.

The principal methodology used in these ratings was Consumer
Durables Industry published in April 2017.

Callaway Golf Company manufactures and sells golf clubs, golf
balls, and golf and lifestyle apparel and accessories under the
Callaway Golf, Odyssey, OGIO and Travis Mathew brands worldwide.
Jack Wolfskin is an international, outdoor apparel, footwear and
equipment brand. Pro forma revenue approximates $1.6 billion.


CHICAGO SURGICAL: Seeks Authorization on Cash Collateral Use
------------------------------------------------------------
Chicago Surgical Clinic LTD requests the U.S. Bankruptcy Court for
the Northern District of Illinois for authority  to use cash
collateral, on a consensual basis, to pay salaries and regularly
reoccurring expenses incurred in the ordinary course of business.

Before the commencement of the Debtor's Chapter 11 Case, the Debtor
executed a Secured Line of Credit Note with First Bank and Trust
now known as Byline Bank and other purchase money equipment loans.
The Byline Bank Loan is secured by all the assets of the Debtor
including all assets, accounts receivables and bank accounts which
constitutes cash collateral as defined in 11 U.S.C. 363. The Debtor
believes that its other creditors have purchase money security
interests designated as leases or loans. The Debtor seeks
permission to continue making the monthly payments as adequate
protection payments.

As adequate protection for any potential use of any cash
collateral, the Debtor further requests entry of an Interim Order
approving the Adequate Protection Claim, Adequate Protection Liens
(each to the extent of any actual Diminution in Value of the First
Bank and Trust now known as Byline Bank’s interests and all other
secured creditors listed herein, in the Prepetition Collateral,
including Cash Collateral) and the Adequate Protection Payments.

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

          http://bankrupt.com/misc/ilnb18-30089-10.pdf

                About Chicago Surgical Clinic LTD

Chicago Surgical Clinic LTD operates a surgical center in Arlington
Heights, Illinois. The Clinic offers a full range of services,
including general surgery, minimally invasive surgery, colorectal
surgery, plastic surgery, endoscopy lab, pain management, hand
surgery and podiatry.

Chicago Surgical Clinic LTD filed a Chapter 11 petition (Bankr.
N.D. Ill. Case No. 18-30089), on October 26, 2018. The Petition was
signed by Yelena Levitin, president. The case is assigned to Judge
LaShonda A. Hunt. The Debtor is represented by Jeffrey Strange,
Esq. of Jeffrey Strange & Associates. At the time of filing, the
Debtor had $0 to $50,000 in estimated assets and $1 million to $10
million in estimated liabilities.


COBRA WELL: Phoenix Energy Buying Three Camp Trailers for $7.5K
---------------------------------------------------------------
Cobra Well Testers, LLC, asks the U.S. Bankruptcy Court for the
District of Wyoming to authorize the sale of the following three
camp trailers: (i) 2001 Montana, VIN 4YDF35523Y4052278, for $3,500;
(ii) 1999 Nash, VIN 4N15N2429X0108403, for $2,000; and (iii) 1999
Jayco, VIN 1UJCJ02P8X5L40109, for $2,000, to Phoenix Energy
Services.

The Campers are not necessary for the reorganization of the
Debtor's financial affairs.

On Oct. 9, 2018, the Court granted the Debtor's Motion to Shorten
Notice Period to 5 Business Days for Future Sales of Surplus
Assets.  The Campers were listed in Exhibit A to the Motion.

The Debtor proposes to sell the Campers to the Buyer free and clear
of liens for the agreed purchase price of $7,500.

On Aug. 15, 2017, the Internal Revenue Service filed a federal tax
lien against the Debtor's personal property, including the Campers.
The IRS holds a first position secured claim on the Campers.  It
has consented to the proposed sale.

Prepetition, the Debtor entered into a loan agreement with ANB
Bank, pursuant to which the Debtor granted the Bank a security
interest in substantially all of its assets.  The Bank perfected
its interest through filing UCC-1 financing statements (as amended)
with the Wyoming Secretary of State on May 6, 2014, June 13, 2016
and Jan. 20, 2017.  The Bank has consented to the proposed sale.

Pursuant to the Order Shortening Notice, if the Debtor is able to
reach an agreement with ANB Bank and the IRS as to the distribution
of the proceeds from the sale of any Surplus Asset, the Debtor is
authorized to make said distributions.  The Debtor has reached an
agreement with ANB and the IRS with respect to the distribution of
the proceeds from the sale of the Camper.  After approval of the
Motion, the sale proceeds will be remitted to the IRS to reduce the
obligation due and owing to the IRS.  

It is in all parties' best interest that the Campers be sold in the
matter proposed.

                   About Cobra Well Testers

Cobra Well Testers, LLC, provides high pressure well testing
services to the oil and gas industry. It was established in 1999 to
initially service the Muddy Ridge gas field in Western Wyoming.
Since then, the company has expanded to complete work in multiple
oil and gas basins throughout the Rockies.

Cobra Well Testers sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Wyo. Case No. 18-20449) on May 31, 2018.
In the petition signed by Yavette Bailey, member, the Debtor
estimated assets of $1 million to $10 million and liabilities of $1
million to $10 million.  Judge Cathleen D. Parker presides over the
case.  Markus Williams Young & Zimmermann LLC is the Debtor's
bankruptcy counsel.


CPV SHORE: Moody's Rates $545MM Sr. Sec. Credit Facilities Ba2
--------------------------------------------------------------
Moody's Investors Service assigned a Ba2 rating to CPV Shore
Holdings, LLC's proposed $545 million senior secured credit
facilities consisting of a $425 million 7-year term loan and a $120
million 5-year revolving credit facility. The rating outlook is
stable.

The Borrower owns Woodbridge Energy Center, a 725 MW combined cycle
electric generating facility located in Middlesex County, NJ.
Proceeds from the term loan will be used to refinance existing
debt, pay transaction expenses, and make a distribution to a
sponsor group that includes affiliates of CPV Power Holdings, LP,
Toyota Tsusho Corporation, Osaka Gas USA Corporation and John
Hancock Life Insurance Company. The term loan being refinanced had
a balance of $431 million at commercial operation.

RATINGS RATIONALE

CPV Shore's Ba2 rating reflects the Project's competitive
generating profile, a high degree of near-term cash flow certainty,
and a manageable leverage profile. The rating also considers the
Project's single asset operating risk, exposure to merchant power
markets, which can be accompanied by some cash flow volatility and
uncertainty around the Project's emission cost relating to the
state of New Jersey's re-entry into the Regional Greenhouse Gas
Initiative or RGGI.

Competitive operating profile

Since achieving commercial operation in January 2016, the Project
has operated at an approximate 80% capacity factor and a heat rate
below 6,900 Btu/kWh. The Project's strong competitive position is
supported by the use of highly efficient combined-cycle generating
technology and its location in the constrained EMAAC region of PJM.
Capacity prices in EMAAC typically clear at a premium relative to
the RTO clearing price and regional barriers to entry limit the
number of new entrants. CPV Shore's leverage profile at closing
compares slightly favorably to the approximate $600 per kW at St.
Joseph Energy Center (Ba3, stable), a competitive single asset
generator located in RTO.

HRCO enhances cash flow predictability

Approximately $143 million of anticipated capacity revenue from
cleared capacity auctions through May 2022 is supplemented with
anticipated energy margin amounts under a heat rate call option
(HRCO) guaranteed by an investment grade counterparty. The HRCO,
which runs for a 5-year term and expires April 2021, has been
structured to mitigate commodity price volatility by providing the
Project a stable cash flow equal to the option premium ,
irrespective of market pricing conditions. The HRCO on a historical
basis, has resulted in the Borrower achieving energy margins in
excess of the option premium and Moody's expects it to continue to
earn this approximate amount of energy margin through April 30,
2021. Anticipated debt reduction during the remaining life of the
HRCO is approximately $75 million. Moody's anticipates CPV Shore's
leverage will be reduced to approximately $485 per kW by the
expiration of the HRCO.

Sound projected financial performance

Moody's forecasted key financial metrics for CPV Shore during the
three year period 2019 through 2021 include annual debt service
coverage in a range of 1.9-2.3 times, annual project cash flow to
adjusted debt in a range of 10-12%, and annual debt-to-EBITDA in a
range of 4.9-5.7 times. Moody's views these ranges as commensurate
with a Ba rating category. Based on its analysis, and considering
the quarterly mandatory cash sweep mechanism equal to 75% of excess
cash flow, Moody's currently expects debt remaining at maturity to
be at a manageable range of $225-$275 million.

Uncertainty around New Jersey's re-entry into RGGI

The state of New Jersey, at the direction of Governor Phil Murphy,
is in the process of rejoining RGGI, a cooperative effort among
several northeast states to cap and reduce carbon dioxide (CO2)
emissions from the power sector. Affected power plants may comply
by purchasing allowances from quarterly auctions. The timing and
parameters around New Jersey's re-entry and the cost of CO2
emissions, however, have not been determined, resulting in a degree
of uncertainty around financial impact on CPV Shore. For the
purpose of its analysis, Moody's assumed New Jersey re-joins RGGI
in 2021 and the annual cost of CO2 allowances for CPV Shore ranges
between $10-12 million, which is consistent with the sponsor base
case.

Financing Structure

The senior secured credit facilities will incorporate typical
project finance features including limitations on indebtedness and
asset sales, a trustee administered waterfall of accounts, a six
month debt service reserve, a 1.1 times debt service coverage
covenant requirement and a quarterly 75% cash sweep requirement,
reducing to 50% if leverage is less than 4 times.

RATING OUTLOOK

The stable outlook assumes that the Project will continue to
exhibit strong operating performance and maintain solid energy
margins resulting in debt service coverage ratios of around 2.0
times.

Factors that could lead to an upgrade

The rating is currently well-positioned and has limited prospects
for an upgrade. The rating could face upward pressure should the
Borrower repay substantially greater debt than expected or if it
generates financial metrics including debt-to-EBITDA of less than
4.0x on a sustained basis.

Factors that could lead to a downgrade

The rating could be downgraded if market pricing conditions or
operation performance issues result in deterioration of credit
metrics, such as debt-to-EBITDA in excess of 6 times on a sustained
basis.

The principal methodology used in these ratings was Power
Generation Projects published in June 2018.


CUSTOM AIR: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Custom Air Design, Inc. as of Dec. 3,
according to a court docket.

                   About Custom Air Design

Custom Air Design, Inc., is an air conditioning contractor in
Wellington, Florida.  Custom Air Design sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Fla. Case No.
18-23754) on Nov. 5, 2018.  In the petition signed by Robert
Anderson, president, the Debtor disclosed $416,521 in assets and
$1,445,051 in liabilities.  The case has been assigned to Judge
Mindy A. Mora.  The Debtor tapped Sue Lasky, PA as its legal
counsel.


DANA HOLLISTER: Agent Selling Resto Eqpt. to Kohn-Megibow for $9K
-----------------------------------------------------------------
Dean G. Rallis Jr., the Court-appointed agent of Dana Hollister,
asks the U.S. Bankruptcy Court for the Central District of
California to authorize the sale of interest in the restaurant
equipment currently located at Villain's Tavern, 1356 Palmetto
Street, Los Angeles, California to Kohn-Megibow Co. or its assignee
for $9,000, subject to higher and better offers.

The Purchase Price is payable within 10 days of the entry of an
order approving the Sale.  The Agent is providing notice of the
Motion to all parties in the case, with a 17-day opportunity to
object to the Sale.  Should any party approach the Agent during
this time offering to acquire the Property for more than the
Purchase Price, the Agent may determine that such offer is a higher
and better offer than that of the Buyer.  As such, by the Motion,
the Agent asks to sell the Property to (1) the Buyer, or (2) such
other party as may offer to purchase the Property, in the 17-day
period after the date notice of the Motion was given, in an amount
which the Agent believes in his sole discretion to be a higher and
better offer for the Property.

The Agent, through the Debtor, has engaged in negotiations with
Buyer regarding the Sale, and the Buyer's current offer of $9,000
is the highest and best offer the Agent has received for the
Property to date.  The Property is being sold free and clear of
liens, claims, and interests, with any such liens, claims, and
interests (if any) to attach to the proceeds of the Sale.

Finally, the Agent asks the Court to waive the 14-day stay period
provided under FRBP 6004(h).

A copy of the list of equipment to be sold attached to the Motion
is available for free at:

     http://bankrupt.com/misc/Dana_Hollister_718_Sales.pdf

                       About Dana Hollister

Dana Hollister sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. C.D. Cal. Case No. 18-12429) on March 6, 2018.  David
A. Tilem, Esq., at the Law Offices of David A. Tilem is the
Debtor's bankruptcy counsel.



DATACONNEX LLC: Selling Substantially All Assets to Charger Access
------------------------------------------------------------------
DataConnex, LLC, asks the U.S. Bankruptcy Court for the Middle
District of Florida to authorize the bidding procedures in
connection with the sale of substantially all of its assets and
property utilized in its business operations to Charger Access, LLC
in exchange for the payment of all undisputed pre-petition allowed
claims and allowed administrative claims within 10 days from the
entry of a final order confirming the successful bidder/final sale
order, and payments of all the Purchaser approved expenses from
Nov. 1, 2018 to Nov. 26, 2018 (not to exceed $400,000), subject to
higher and better offers.

The Debtor intends to sell the Assets pursuant to an Asset Purchase
Agreement between the Debtor and Charger.

The salient terms of the APA are:

     a. Seller: The Debtor

     b. Buyer: Charger Access, LLC or the Highest and Best Bidder

     c. Asset/Liabilities: Substantially all of the assets of the
Debtor to be sold subject to the Purchaser approved rejection of
certain specified contracts

     d. Purchase Price: The Purchase Price for the Assets will be
payment of all undisputed pre-petition allowed claims and allowed
administrative claims within 10 days from the entry of a final
order confirming the successful bidder/final sale order, and
payments of all the Purchaser approved expenses from Nov. 1, 2018
to Nov. 26, 2018 (not to exceed $400,000).  Any and all disputed
claims will be paid by the Purchaser as directed by the Court via
ordinary course bankruptcy claims dispute litigation measures if
the Purchaser and the creditor are unwilling or unable to negotiate
said disputed claims.  The Purchaser will provide a list of
disputed claims within the submitted APA.

     e. Free and Clear: There are no secured Debts at this time.
The Debtor will convey the Assets to the Stalking Horse Purchaser
free and clear of all liens, claims, liabilities, encumbrances, and
other interests (except ad valorem taxes), which will attach to the
proceeds.

     f. Closing: The Closing of the transaction will occur not
later than 10 business days following the entry of an order by the
Court approving the sale of the Assets to the Stalking Horse
Purchaser pursuant to the terms and conditions of the APA, unless
the Parties mutually agree to a different date in writing.

The Debtor asks to foster a bidding process between Charger and DDT
Property and Development, LLC, and will accept the highest and best
offer for the Assets, subject to the time constraints imposed by
the Debtor's current cash situation.  Accordingly, the Debtor seeks
approval and implementation of a three-step sale process, as
follows:

     a. a Bid Procedures and Sale Process Hearing to occur on Nov.
21, 2018, at 11:30 a.m., at which the Debtor will ask approval of:
(i) the Bid Procedures for bidding on the Assets; (ii) the form and
manner of notice of the Bid Procedures and the proposed sale of the
Assets; (iii) the form of the APA to be used in conjunction with
the sale of the Assets; and (iv) the scheduling of an auction
between DDT and the Stalking Horse Purchaser, and a sale approval
hearing;

     b. an Auction to be conducted in accordance with the Bidding
Procedures; and to occur (to be approved and set by the Court) on
Nov. 26, 2018 at 3:00 p.m. in open Court;

     c. a hearing approving the sale to the successful bidder to
occur on Nov. 26, 2018 at 3:00 p.m.

The Debtor expects to be able to meet its burden at the Final Sale
Hearing to confirm the sale by demonstrating that sale efforts have
been appropriately conducted for the Assets under the circumstances
of the case.  No parties have expressed any interest in a bid or
purchase of the Debtor's assets except Charger and DDT.

The auction is between Charger as the Stalking Horse Purchaser and
DDT.  The Auction will be conducted in accordance with the bidding
process.

The salient terms of the Bidding Procedures are:

     a. Any bid must be made free of any due diligence requirements
without any contingencies.  The Purchaser will negotiate the
disputed FCC claim after it is deemed the successful bidder on Oct.
26, 2018 with the understanding that the FCC can deny funding
requests and deny licensure transfer in the event the parties are
unable to resolve said disputed claim.  On Nov. 26, 2018, Charger
and DDT will provide evidence to the Debtor, the Court and the FCC
of its ability to fully operate the company and properly and
efficiently service end users of the USAC program.

     b. Any successive overbids will be made by a qualified bidder
and will be made in increments of not less than $25,000 in cash
consideration in excess of the last submitted, highest, qualified
bid for the Assets. DDT will have the right to bid after depositing
a minimum of $400,000 non-refundable deposit with the Debtor's
counsel to cover operating costs pending closing with its counsel.
The Stalking Horse Purchaser will have the right to match any
successive overbid.

     c. Any successive overbid will be irrevocable unless and until
it is not deemed the highest and best bid.

     d. The competitive bidding among DDT and the Stalking Horse
will continue according to these procedures until the highest and
best bid to purchase the Assets is received by the Debtor.

     e. In the event that the Stalking Horse is not the Successful
Bidder, the Stalking Horse will be paid its deposit of $400,000,
plus any and all costs of capital, along with any and all expenses
related to its due diligence of Debtor, to further include
professional fees, travel costs and any and all attorneys' fees,
providing an accounting of same to Winning Bid for submission and
repayment in cash within three business days of it being the
Successful Bidder.

     f. The Successful Bidder will be required to close no later
than 10 business days following the entry of the Final Sale Order,
or such later date as agreed to by the Debtor.  The $400,000 will
be released at the Closing Date.  The prepetition creditor claims
will be paid in accordance with the APA and the Final Plan of
Reorganization.

The Debtor asks authority to assume and/or assign the Contracts to
the Purchaser.  It asks that any lessor or other party to any
Contract to be assumed and/or assigned to the Purchaser that
objects to, and/or asserts any cure claims, defaults or any other
claims against the Debtor in connection with, the proposed
assumption and/or assignment must file with the Court, on or before
the Sale Objection Deadline, any objection to the assumption and/or
assignment of its Contract and/or assertion of claim or default.

The Debtor submits that based on the significant negotiation
efforts expended by the parties with respect to the Assets prior to
filing the Motion, that the form and manner of notices proposed
will result in the highest and best offers for the Assets and give
parties-in-interest adequate notice of the Sale and an opportunity
to object to the terms of the Sale.

Accordingly, it respectfully asks the entry of an Order (i)
approving the form of the APA; (ii) approving the Sale Procedures
set forth, including the procedures for the assumption, assignment,
and rejection of Contracts; (iii) approving the Sale and Auction
procedures set forth; (iv) setting the Auction for Nov. 26, 2018 at
3:00 p.m.; and (v) setting a Sale Confirmation Hearing and final
hearing and confirmation of successful bidder on Nov. 26, 2018 at
4:00 p.m.

A copy of the Agreement attached to the Motion is available for
free at:

    http://bankrupt.com/misc/Dataconnex_LLC_165_Sales.pdf

                       About DataConnex

Dataconnex, LLC -- http://dataconnex.com/-- is a privately held
company in Brandon, Florida that offers advanced telecommunication
solutions, from internet and data to voice services.  DataConnex
was founded to meet the needs of small to medium size businesses,
with three offices throughout the Southeast.

Dataconnex, LLC, based in Brandon, FL, filed a Chapter 11 petition
(Bankr. M.D. Fla. Case No. 18-01069) on Feb. 14, 2018.  In the
petition signed by William R. Blahnik, manager, the Debtor
disclosed $4.18 million in assets and $19.07 million in
liabilities.  Samantha L. Dammer, Esq., at Tampa Law Advocates,
P.A., serves as bankruptcy counsel to the Debtor.  Harris Wiltshire
& Grannis LLP, is the special counsel.


DESERT FAIRWAYS: Seeks to Hire Stephen Parry as Legal Counsel
-------------------------------------------------------------
Desert Fairways 30, LLC, seeks approval from the U.S. Bankruptcy
Court for the Central District of California to hire the Law
Offices of Stephen Parry as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; assist the Debtor in the administration of its
assets and liabilities; prepare a plan of reorganization; and
provide other legal services related to its Chapter 11 case.

Stephen Parry, Esq., the attorney who will be handling the case,
charges an hourly fee of $450.  His firm charges $150 per hour for
the services of its law clerk and paralegal.

The firm received $5,000 from Tony Truisi, managing member of the
Debtor.

Mr. Parry disclosed in a court filing that he and his firm are
"disinterested" as defined in section 101(14) of the Bankruptcy
Code.

The firm can be reached through:

     Stephen Parry, Esq.
     Law Offices of Stephen Parry
     9253 Aqueduct Avenue
     North Hills, CA 91343
     Phone: 818-895-2200
     Fax: 818-893-4260
     E-mail: bkhq@hotmail.com

                   About Desert Fairways 30

Desert Fairways 30, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. C.D. Cal. Case No. 18-12811) on Nov. 19,
2018.  At the time of the filing, the Debtor estimated assets of
less than $1 million and liabilities of less than $1 million.  The
Hon. Victoria S. Kaufman is the case judge.  The Law Offices of
Stephen Parry is the Debtor's legal counsel.


DIAMONDBACK ENERGY: Moody's Raises Corp. Family Rating to Ba1
-------------------------------------------------------------
Moody's Investors Service upgraded Diamondback Energy, Inc.'s
Corporate Family Rating to Ba1 from Ba2, Probability of Default
Rating (PDR) to Ba1-PD from Ba2-PD and senior unsecured notes to
Ba2 from Ba3. The SGL-2 Speculative Grade Liquidity rating was
affirmed reflecting good liquidity. The rating outlook is stable.
Moody's has withdrawn all ratings on Energen Corporation, which is
now a wholly-owned subsidiary of Diamondback.

This concludes Moody's ratings review that was initiated on August
15, 2018 following the announcement that Diamondback would acquire
Energen in an all-stock transaction valued at approximately $9.2
billion. The transaction closed on November 29, 2018.

"Diamondback is now a much larger, better diversified and
financially stronger pure-play Permian Basin player that should be
able to deliver strong volume and cash flow growth over the next
several years," said Sajjad Alam, Moody's Senior Analyst. "The
enhanced capital and operating flexibility as well as synergy
opportunities from the merger will make the company more resilient
to oil price volatility and boost its free cash flow generation
ability."

Ratings Upgraded:

Issuer: Diamondback Energy, Inc.

Corporate Family Rating, Upgraded to Ba1 from Ba2

Probability of Default Rating, Upgraded to Ba1-PD from Ba2-PD

Senior Unsecured Notes, Upgraded to Ba2 (LGD5) from Ba3 (LGD5)

Senior Unsecured Notes, Upgraded to Ba2 (LGD5) from Ba3 (LGD4)

Ratings Affirmed:

Issuer: Diamondback Energy, Inc.

Speculative Grade Liquidity Rating, Affirmed SGL-2

Ratings Withdrawn:

Issuer: Energen Corporation

Corporate Family Rating, Withdrew Ba2

Probability of Default Rating, Withdrew Ba2-PD

Senior Unsecured Notes Ratings, Withdrew B1 (LGD5)

Senior Unsecured Shelf, Withdrew (P)B1

Senior Unsecured Medium-Term Note Program, Withdrew (P)B1

Speculative Grade Liquidity Rating, Withdrew SGL-2

Outlook Actions:

Issuer: Diamondback Energy, Inc.

Outlook, Changed to Stable from Rating Under Review

Issuer: Energen Corporation

Outlook, Withdrew Rating Under Review

RATINGS RATIONALE

Diamondback's Ba1 CFR reflects its low cost and oil-weighted
production platform in the Permian Basin; excellent growth
potential and large drilling inventory following its acquisition of
Energen; low financial leverage and peer leading cash margins, and
significant alternative liquidity through its 64% ownership
interest in Viper Energy Partners LP (VEP, unrated), which had a
market capitalization of $3.7 billion as of November 30, 2018. The
rating is also supported by the company's excellent operating track
record and history of conservative financial management. The CFR is
restrained by Diamondback's limited geographic focus and the
attendant event risks, significant undeveloped reserves and
acreage, integration risk with the acquired Energen assets, and
aggressive growth profile that will pose elevated execution risks
and require heavy capital investments through 2020.

The SGL-2 rating reflects Diamondback's good liquidity position. At
closing of the Energen transaction, Diamondback used its revolver
to repay the outstanding borrowings on Energen's revolving credit
facility and terminated that facility. Moody's estimates that
Diamondback had roughly $800 million of availability under its $2
billion committed revolver at closing. Diamondback should be able
to increase its borrowing base and secure a higher commitment
amount from its banks in 2019 should it choose to do so given the
substantial reserves acquisition from Energen as well as from its
own vigorous drilling activity. Moody's expects Diamondback to
remain largely cash flow neutral in 2019 backed by its extensive
hedging and takeaway contract arrangements. Diamondback's 64%
ownership interest in VEP and substantial undeveloped Permian Basin
acreage could also be a source of alternative liquidity, if needed.


Diamondback's senior unsecured notes are rated Ba2, one notch below
the Ba1 CFR given the significant size of the secured revolving
credit facility relative to the total amount of outstanding senior
notes, under Moody's Loss Given Default Methodology. The revolver
has a first-lien claim to substantially all of Diamondback's
assets.

Moody's is withdrawing the ratings on Energen's senior unsecured
notes because Diamondback will not guarantee Energen's debt
obligations. Energen will operate as a restricted subsidiary of
Diamondback, but Energen will not produce audited financial
statements, which will preclude ongoing monitoring of these
obligations on a standalone basis. Diamondback has indicated that
Energen's common stock will no longer be listed for trading on
NYSE, and Energen will no longer have reporting obligations under
the Securities Exchange Act of 1934.

The stable outlook reflects Moody's view that Diamondback will live
largely within operating cash flow. Diamondback's ratings could be
upgraded to investment grade if the company can replicate its past
organic drilling and development success in growing production
above 250,000 boe/day, sustaining the leveraged full-cycle ratio
above 2x and delivering steady free cash flow. An upgrade would
also be contingent on the company's ability to achieve an unsecured
capital structure and extending its PD reserve life. While a
downgrade is unlikely through 2019, ratings could come under
pressure if Diamondback significantly outspends operating cash flow
or capital productivity weakens materially. More specifically, if
the RCF/debt ratio falls below 30% or the LFCR falls below 1.5x, a
downgrade is possible.

Diamondback Energy, Inc. is an independent exploration and
production company with assets in the Midland and Delaware Basins
in West Texas.

Moody's has decided to withdraw the ratings because it believes it
has insufficient or otherwise inadequate information to support the
maintenance of the ratings.


DRY ERASE DESIGNS: Has $28,000 Offer for Charlotte Property
-----------------------------------------------------------
Dry Erase Designs, LLC, asks the U.S. Bankruptcy Court for the
Western District of North Carolina to authorize the sale of its
personal and other property located at 4623 Dwight Evans Road,
Charlotte, North Carolina to Scott Wylie and Andy Price for
$28,000.

On Aug. 28, 2018, A. Cotten Wright was appointed as chapter 11
trustee in the case of In re Aaron Zinn, Case No. 18—30066.
Before filing his bankruptcy case, Zinn owned 100% of the
membership interests in the Debtor, and those membership interests
became property of the bankruptcy estate in the Zinn Case.  The
Zinn Trustee filed the Debtor's case in her capacity as the holder
of 100% of the membership interests in the Debtor, and as a result,
acts as the DIP in the case.  On Sept. 25, 2018, the Court in the
Zinn Case entered an Order authorizing the Debtor to cease
operations and operations have in fact ceased.

The Debtor's principal place of business is located at the
Premises.  Before the Petition Date, it designed and produced dry
erase boards at the Premises.  The Debtor owns the Property located
at the Premises and otherwise identified in the Asset Purchase
Agreement.  The Debtor has agreed to sell the Property to the
Buyers for the sum of $28,000 pursuant to the APA.  It will sell
the free and clear of liens, with any valid liens thereon to
transfer to the proceeds.

The Sale of the Property as proposed herein would allow for the
prompt liquidation of the same.  In the opinion of the Debtor, the
proposed Sale of the Property reflects the best interests of the
estate and its creditors.  Accordingly, it asks the Court to
approve the relief sought.

A copy of the APA attached to the Motion is available for free at:

    http://bankrupt.com/misc/Dry_Erase_72_Sales.pdf

The Purchasers:

          Scott Wylie
          529 Caleb Road
          Shelby, NC 28152
          E-mail: swylie@americansafety.com

          Andy Price
          529 Caleb Road
          Shelby, NC 28152
          E-mail: aprice@americansafety.com

                     About Dry Erase Designs

Dry Erase Designs, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D.N.C. Case No. 18-31459) on Sept. 27,
2018.  At the time of the filing, the Debtor estimated assets of
less than $500,000 and liabilities of less than $500,000.  Judge
Laura T. Beyer presides over the case.  The Debtor tapped Grier
Furr & Crisp, PA, as its legal counsel, and Middleswarth, Bowers &
Co., LLP as its accountant.


EDWARD ASSOCIATES: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Edward Associates, LLC as of Dec. 4,
according to a court docket.

                    About Edward Associates LLC

Edward Associates, LLC, based in Charleston, WV, filed a Chapter 11
petition (Bankr. S.D. W.Va. Case No. 18-20528) on October 29, 2018.
In its petition, the Debtor estimated $1 million to $10 million in
both assets and liabilities. The petition was signed by Charles E.
Boll, II, manager.  Joseph W. Caldwell, Esq. at Caldwell & Riffee,
is the Debtor's bankruptcy counsel.


EQUITRANS MIDSTREAM: Moody's Assigns Ba3 CFR, Outlook Stable
------------------------------------------------------------
Moody's Investors Service assigned first time ratings to Equitrans
Midstream Corporation, including a Ba3 Corporate Family Rating,
Ba3-PD Probability of Default Rating and a SGL-3 Speculative Grade
Liquidity Rating. Moody's also assigned a Ba3 rating to ETRN's
proposed $650 million senior secured term loan. The rating outlook
is stable. Concurrently, Moody's affirmed EQM Midstream Partners,
LP's (EQM) Ba1 CFR, Ba1-PD PDR and Ba1 senior unsecured notes
rating. EQM's rating outlook remains stable.

ETRN intends to use net proceeds from the new term loan to fund the
acquisition of EQGP Holdings, LP's (EQGP, unrated) 8.7% public
ownership. ETRN will also launch a process for EQM to exchange its
incentive distribution rights and the economic general partner
interest in EQM for EQM units and a non-economic general partner
interest in EQM (proposed IDR transaction), subject to completing
the acquisition of EQGP's public ownership interest.

Assignments:

Issuer: Equitrans Midstream Corporation

Corporate Family Rating, Assigned Ba3

Probability of Default Rating, Assigned Ba3-PD

Speculative Grade Liquidity Rating, Assigned SGL-3

Senior Secured Term Loan, Assigned Ba3 (LGD4)

Affirmations:

Issuer: EQM Midstream Partners, LP

Corporate Family Rating, Affirmed Ba1

Probability of Default Rating, Affirmed Ba1-PD

Senior Unsecured Notes, Affirmed Ba1 (LGD4)

Outlook Actions:

Issuer: Equitrans Midstream Corporation

Outlook, Assigned Stable

Issuer: EQM Midstream Partners, LP

Outlook, Remains Stable

RATINGS RATIONALE

ETRN's Ba3 CFR reflects its structural subordination to the debt at
EQM and its standing as a holding company without any hard assets.
Pro forma for the completion of ETRN's acquisition of EQGP's public
ownership interest and the proposed IDR transaction, ETRN is
projected to own about 61% of EQM. ETRN's ability to service its
term loan is solely reliant on distributions from EQM, a
distribution stream which is junior to EQM's substantial financing
and operating requirements and its debt. While ETRN should have
relatively low leverage on a stand-alone basis, mandatory payments
from the term loan's excess cash flow sweep feature kick in after
leverage increases to 1.75x or higher. ETRN could also sell EQM
units subject to certain restrictions.

ETRN's Ba3 rating on the senior secured term loan is in line with
its CFR, in accordance with Moody's Loss Given Default Methodology
and reflects the term loan's first priority claim on the ownership
interests in EQM.

ETRN should have adequate liquidity, however, ETRN's liquidity will
weaken if distributions received from EQM decline. With limited
administrative overhead, ETRN does not have significant liquidity
needs and it should receive sufficient distributions from EQM to
comfortably cover pro forma interest expense. There is a 1%
mandatory amortization of the term loan per annum and 25% excess
cash flow recapture when stand-alone leverage increases to 1.75x,
and stepping up to 50% when standalone leverage is equal to or more
than 3x. ETRN also has a $100 million revolving credit facility
that matures in October 2023. The company should have minimal
outstanding revolver borrowings post the term loan issuance. Under
the ETRN credit facility, the company is required to maintain a
consolidated leverage ratio below 3.5x. The term loan's financial
maintenance covenant is a minimum debt service coverage ratio of
1.1x. The company should remain in compliance with these covenants
through 2019. The alternate sources of liquidity are limited given
that its ownership interests secure the term loan. However, ETRN
has the ability to sell EQM units subject to certain restrictions.


ETRN's rating outlook is stable, reflecting Moody's expectation for
financial leverage to remain relatively low. A rating upgrade for
ETRN could be considered if EQM's rating is upgraded. A downgrade
would occur if EQM is downgraded, if distributions received from
EQM decline, or stand-alone debt leverage substantially increases.


EQM's Ba1 CFR is supported by its close proximity to rising
production volumes in the Marcellus Shale and the critical nature
of its pipelines for moving natural gas within the region to long
haul pipelines. EQT Corporation's (EQT, Baa3 stable) spin-off of
EQM has created an independent entity that can add third party
revenues building upon a stable cash flow base. EQT's asset
dropdown and the EQM/Rice Midstream Partners merger have
significantly increased EQM's size and scale. At the same time,
EQM's leverage will significantly increase, likely approaching 5x
in 2019 as it funds its share of the Mountain Valley Pipeline
project, but should improve in 2020 to a range of 4x-4.5x with an
increase in EBITDA. EQM is supported by the fee-based nature of its
revenues and long-term contracts that mitigate volume risk. EQM is
restrained by its basin and customer concentration, and the large
scale and inherent execution risk of its Mountain Valley Pipeline
joint venture, a project to construct a new interstate natural gas
pipeline, where EQM serves as the operator and largest equity
owner. In addition, EQM's distribution coverage could be pressured
if the final terms of the proposed IDR transaction along with EQM's
unit distribution growth results in a significant increase in its
distributions relative to cash flow.

EQM's rating outlook is stable based on its expectation that EQM
will continue to grow both its asset base and earnings. EQM's
rating could be upgraded if the company maintains debt/EBITDA below
4x and consolidated leverage below 4.5x, and distribution coverage
of at least 1.2x. For an upgrade, there will also need to be a
continued diversification in EQM's customers and its operating
basins. Ratings could be downgraded if EQT is downgraded,
debt/EBITDA exceeds 5x, consolidated leverage exceeds 5.5x, or
distribution coverage drops below 1x.

The principal methodology used in these ratings was Midstream
Energy published in May 2017.

EQM Midstream Partners, LP is a master limited partnership that
owns and operates interstate pipelines and gathering lines
primarily serving Marcellus Shale production. Equitrans Midstream
Corporation is projected to own about 61% of EQM pro forma for the
completion of ETRN's acquisition of EQGP's public ownership
interest and the proposed IDR transaction. EQT Corporation owns
19.9% of ETRN.


FIRSTENERGY SOLUTIONS: FG Selling West Lorain Assets $152 Million
-----------------------------------------------------------------
FirstEnergy Generation, LLC ("FG"), an affiliate of FirstEnergy
Solutions Corp., asks the U.S. Bankruptcy Court for the Northern
District of Ohio to authorize the bidding procedures in connection
with the sale of its fossil generation plant located in Lorain,
Ohio and related assets to Vermillion Power, LLC, for $152 million,
subject to certain adjustments, subject to higher or otherwise
better bids.

FG owns three fossil generation plants, including the West Lorain
Facility.  The West Lorain Facility is a 545 MW, periodic-start,
combustion-turbine generating station located near Lake Erie.  It
was constructed in 1973 as a combined-cycle electric generating
system with two combustion turbines (Units 1A and 1B), two heat
recovery steam generators, and a steam turbine generator.  In 2001,
five additional combustion turbines were installed (Units 2–6)
and placed in operation.  The plant currently operates on fuel oil,
but it is also capable of operating on natural gas.

FG’s pursuit of a sale of the West Lorain Assets began in the
summer of 2018.  The sale process, which is being led by Lazard
Frères & Co. LLC, was formally launched on July 30, 2018.  After
extensive deliberations with the advisors and separate negotiations
with the potential bidders that participated in phase two, FG has
elected to proceed with the bid submitted by the Stalking Horse
Purchaser as the highest or otherwise best bid received for the
West Lorain Assets, subject to FG's receipt of any higher or
otherwise better bids at an Auction proposed to be held on Jan. 15,
2019.

Absent the approval of the Bid Procedures, a Sale Transaction, and
the related relief contemplated by the Motion, FG believes it will
be unable to realize the maximum value of the West Lorain Assets
for the benefit of all stakeholders.  FG and the Stalking Horse
Purchaser negotiated an asset purchase agreement which represents a
binding bid for the West Lorain Assets.  The total consideration to
be realized by FG is approximately $152 million, subject to certain
adjustments set forth in the Stalking Horse Agreement.

The material terms of the Stalking Horse Agreement are:

     a. Parties: FirstEnergy Generation, LLC, as the Seller, and
Vermillion Power, L.L.C., as the Stalking Horse Purchaser

     b. Purchase Price: $144 million Initial Purchase Price plus
the Closing Adjustment Amount plus the Proration Adjustment Amount.


     c. Deposit: 10% of the Initial Purchase Price, to be deposited
into escrow on the Business Day following the date on which the
Escrow Agreement is executed.

     d. Purchased Assets: The Purchased Assets are (a) the Owned
Real Property; (b) the Entitled Real Property; (c) the West Lorain
Facility; (d) the Tangible Personal Property; (e) the Transmission
and Interconnection Facilities; (f) the Assumed Contracts; (g) all
electric capacity rights and obligations; (h) Transferred Permits;
(i) Purchased Intellectual Property; (j) Purchased Warranties; (k)
all related rights of the Seller in and to any causes of action
against a third party; (l) all Records or copies of Records; (m)
certain Emissions Allowances; (n) the Seller's rights to deposits;
(o) goodwill of the Business and (p) certain specified assets.

     e. Expense Reimbursement and Termination Fee: The Stalking
Horse Agreement contemplates that, under certain circumstances, the
Stalking Horse Purchaser will be entitled to a Termination Fee
equal to 2.5% of the Initial Purchase Price and a Buyer Expense
Reimbursement equal to 1% of the Initial Purchase Price.

The Stalking Horse Agreement includes various customary
representations, warranties, and covenants by and from FG and the
Stalking Horse Purchaser, as well as certain conditions to closing
and rights of termination.

FG’s proposed Bid Procedures are designed to maximize value for
FG's estate in connection with the Sale Transaction and provide an
opportunity for all interested parties to submit offers for the
West Lorain Assets.

The key terms of the Bid Procedures are:

     a. Bid Deadline: Jan. 9, 2019 at 5:00 p.m. (PET)

     b. Initial Bid: A cash purchase price equal to or greater than
the sum of: (i) $151.7 million; (ii) the Termination Fee in the
amount of 2.5% of the Initial Purchase Price; (iii) the Buyer
Expense Reimbursement in the amount of 1% of the Initial Purchase
Price; and (iv) $1 million;

     c. Deposit: 10% of the purchase price offered to purchase the
West Lorain Assets

     d. Auction: The Auction, if required, will be conducted at the
offices of Akin Gump Strauss Hauer & Feld LLP, One Bryant Park, New
York, NY 10036 on Jan. 15, 2019 at 9:00 a.m. (PET).

     e. Bid Increments: $1 million

To facilitate the Sale Transaction, FG proposes the following
procedures with respect to the assumption and assignment of certain
contracts:

     a. Notice of Assumption and Assignment of Executory Contracts:
No later than Dec. 20, 2018, FG will file with the Court and serve
via first class mail on all Executory Contract Notice Parties the
Notice of Assumption and Assignmen, which will include FG's
calculation of the Cure Costs for each Assumed Contract.  In the
event that the Stalking Horse Purchaser is not the Successful
Bidder, FG will file a Newly Designated Assumed Contracts no later
than one day following the conclusion of the Auction. Any
counterparty to such Newly Designated Assumed Contract must file
objection no later than the commencement of the Sale Hearing.

     b. Objections to Assumption and Assignment: Any counterparty
to an Assumed Contract that objects to the assumption of its
Assumed Contract or the proposed Cure Costs associated with its
Assumed Contract will file any objections no later than Jan. 18,
2019 at 4:00 p.m. (ET).

     c. If a counterparty to an Assumed Contract files an
objection, and the parties are unable to consensually resolve the
dispute prior to the commencement of the Sale Hearing, the amount
to be paid or reserved with respect to such objection will be
determined at the Sale Hearing or at a subsequently scheduled
hearing as mutually agreed to by FG and the relevant counterparty.


     f. If no objection is timely filed and served, the
counterparty to an Assumed Contract will be deemed to have
consented to the assumption, assignment, and sale of the Assumed
Contract to the applicable Successful Bidder(s).

In connection with the Sale Transaction, FG will assume and assign
only the Assumed Contracts pertaining to the West Lorain Assets.
Its assumption of the particular Assumed Contracts will be
contingent upon payment of the Cure Costs and effective only upon
the closing of the proposed Sale Transaction.

The only lien on the West Lorain Assets is the lien of the trustee
under that certain Open-End Mortgage, General Mortgage Indenture
and Deed of Trust from FG to the Trustee, filed for record June 27,
2008 and recorded in instrument No. 20080627-0032756 of the Lucas
County Records, as supplemented or amended from time to time.  FG
anticipates that the Mortgage Trustee will consent to the release
of its lien under the FG Mortgage Indenture and to the sale of the
West Lorain Assets, as proceeds of the sale will be paid to the
Mortgage Trustee.

In order to maximize recoveries for its stakeholders, FG asserts
that the sale contemplated herein must be consummated as soon as
practicable.  Accordingly, FG respectfully asks that the Bid
Procedures Order and Sale Order be effective immediately upon entry
by the Court and that the 14-day stay under Bankruptcy Rules
6004(h) and 6006(d) be waived.

A copy of the Stalking Horse APA and the Bidding Procedures
attached to the Motion is available for free at:

   http://bankrupt.com/misc/FirstEnergy_Solutions_1730_Sales.pdf

The Purchaser:

          VERMILLION POER, L.L.C.
          c/o Starwood Energy Group Global, Inc.
          591 West Putnam Avenue
          Greenwich, CT 06830
          Attn: General Counsel
          E-mail: grosem@starwood.com

The Purchaser is represented by:

          Jonathan M.A. Melmed, Esq.
          KING & SPALDING LLP
          1185 Avenue of the Americas
          New York, NY 10036
          Telephone: (212) 556-2344
          Facsimile: (212) 556-2222
          E-mail: jmelmed@kslaw.com

                About FirstEnergy Solutions Corp.

Akron, Ohio-based FirstEnergy Solutions, Corp. (FES) is a
subsidiary of FirstEnergy Corp (NYSE:FE). FES --
http://www.firstenergycorp.com/-- provides energy-related products

and services to retail and wholesale customers; and owns and
operates 5,381 MWs of fossil generating capacity through its
FirstEnergy Generation subsidiaries.  FES also owns 4,048 MWs of
nuclear generating capacity through its FirstEnergy Nuclear
Generation subsidiary.  Nuclear generating plants are operated by
FirstEnergy Nuclear Operating Company (FENOC), which is a separate
subsidiary of FirstEnergy Corp.

On March 31, 2018, FirstEnergy Solutions and 6 affiliates,
including FENOC, each filed a voluntary petition for relief under
Chapter 11 of the United States Bankruptcy Code (Bankr. N.D. Ohio
Lead Case No. 18-50757).The cases are pending before the Honorable
Judge Alan M. Koschik and the Debtors have requested that their
cases be jointly administered under Case No. 18-50757.

Parent company, First Energy Corp. and its other subsidiaries,
including its regulated subsidiaries, are not part of the filing
and will not be subject to the Chapter 11 process.  First Energy
Corp. listed $42.2 billion in total assets against $4.07 billion
in
total current liabilities, $21.1 billion in long-term debt and
other long-term obligations and $13.1 billion in non-current
liabilities as of Dec. 31, 2017.

The Debtors tapped Akin Gump Strauss Hauer & Feld LLP as bankruptcy
counsel; Brouse McDowell LPA as co-counsel; Lazard Freres & Co. as
investment banker; Alvarez & Marsal North America, LLC, as
restructuring advisor and Charles Moore as chief restructuring
officer; and Prime Clerk as claims and noticing agent.  The Debtors
also tapped Willkie Farr & Gallagher LLP, Hogan Lovells US LLP and
Quinn Emanuel Urquhart & Sullivan, LLP as special counsel.

The U.S. Trustee for Region 9 appointed an official committee of
unsecured creditors on April 12, 2018.  Milbank, Tweed, Hadley &
McCloy LLP and Hahn Loeser & Parks LLP serve as counsel to the
committee.


FLYING SOFTWARE: Seeks to Hire Parsons Behle as Legal Counsel
-------------------------------------------------------------
Flying Software Labs, Inc., seeks approval from the U.S. Bankruptcy
Court for the District of Utah to hire Parsons Behle & Latimer as
its legal counsel.

The firm will advise the Debtor regarding any potential sale of its
assets; assist in the preparation of a bankruptcy plan; participate
in negotiation of disputes in which the Debtor is involved; and
provide other legal services related to its Chapter 11 case.

Brian Rothschild, Esq., and Grace Pusavat, Esq., the primary
attorneys who will be handling the case, charge $295 per hour and
$240 per hour, respectively.

The firm received payment of $30,000 from the Debtor for its
pre-bankruptcy services.

Parsons Behle and its attorneys are "disinterested" as defined in
Section 101(14) of the Bankruptcy Code, according to court
filings.

The firm can be reached through:

     Brian M. Rothschild, Esq.
     Grace S. Pusavat, Esq.
     Michael R. Brown, Esq.
     Parsons Behle & Latimer
     201 S. Main Street, Suite 1800
     Salt Lake City, UT 84111
     Tel: 801-536-6985 / 801-532-1234
     Fax: 801-536-6111
     E-mail: brothschild@parsonsbehle.com
     E-mail: Gpusavat@parsonsbehle.com
     E-mail: Mbrown@parsonsbehle.com

                    About Flying Software Labs

Flying Software Labs, Inc., is a provider of software as a service
business solutions for the aviation industry.  Its wholly-owned
subsidiary MyFlightSolutions is an aviation technology company
based in Salt Lake City, Utah, that develops software applications
for the general aviation industry.  MyFlightSolutions --
http://myflightsolutions.com/-- offers aviation business software
modules comprised of MyFlightFBO, MyFlightCharter, MyFlightMX Shop,
MyFlightTrain and MyFlightCoPilot.

Flying Software Labs sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Utah Case No. 18-28848) on Nov. 27,
2018.  At the time of the filing, the Debtor disclosed $4.86
million in assets and $6.09 million in liabilities.  

The case has been assigned to Judge Joel T. Marker.

Parsons Behle & Latimer is the Debtor's legal counsel.



GATEWAY WIRELESS: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------------
The Office of the U.S. Trustee on Dec. 4 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of Gateway Wireless LLC.

                      About Gateway Wireless

Gateway Wireless LLC is a privately-held company in Glen Carbon,
Illinois, which operates in the telecommunications industry.

Gateway Wireless sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Ill. Case No. 18-31491) on Oct. 12,
2018.  In the petition signed by Ryan F. Walker, president, the
Debtor estimated assets of $10 million to $50 million and
liabilities of $10 million to $50 million.  Judge Laura K. Grandy
presides over the case.  The Debtor tapped Carmody MacDonald P.C.
as its legal counsel.


GYMBOREE GROUP: Selling Some Brands, Closing Crazy 8 Stores
-----------------------------------------------------------
Gymboree Group, Inc., on Dec. 4, 2018, announced that it has
initiated a comprehensive review of strategic options for its
Gymboree, Janie and Jack and Crazy 8 brands, which may include a
sale or other transactions at the brand level.

In addition, the Company is evaluating the retail footprints of its
Crazy 8 and Gymboree brands with the intention of closing the
Company's Crazy 8 store locations and significantly reducing the
number of Gymboree store locations in 2019.  All Gymboree, Janie
and Jack and Crazy 8 stores are open, fully stocked and ready to
delight kids and parents throughout the holiday season.

On Nov. 14, 2018, Shaz Kahng, member of the Company's Board since
September 2017, was appointed Gymboree Group CEO.  Kahng brings 30
years of retail leadership experience, and was instrumental in
leading the successful turnarounds of Lucy Activewear and various
Nike business segments.  For the past year, she has worked closely
with the Gymboree Group management team to revitalize the business,
unlock brand value, modernize product offerings and enhance the
customer shopping experience.  As CEO, Kahng is focused on the
ongoing transformation of the Company.

Shaz Kahng, Gymboree Group CEO, said in the Dec. 4 statement, "The
process we announced today is designed to reposition the Company
for success by establishing a brand portfolio and store footprint
that is optimized for the current retail environment. These
strategic initiatives are an important next step as we continue to
look for ways to unlock additional value in our brands. We are
optimistic about our future as a more streamlined organization that
can deliver enhanced, long-term value to its stakeholders. Our team
remains focused on delivering the quality children's clothing and
accessories and exceptional service that our customers have come to
expect from us."

According to the statement, there can be no assurance that the
Company's strategic review process for any of its brands will
result in a sale transaction or other strategic alternative of any
kind.  Gymboree Group does not intend to disclose developments or
provide updates on the status of this process unless it deems
further disclosure is appropriate or required. The Company is
proceeding expeditiously but has not fixed a timetable for
completion of this review.

Stifel and Berkeley Research Group are serving as the Company's
financial advisors.  Milbank, Tweed, Hadley & McCloy LLP is serving
as its legal counsel.

                       About Gymboree Group

Gymboree Group, Inc., is a portfolio of children's brands operating
specialty retail stores with high-quality clothing and accessories
for children. The Company currently operates 380 Gymboree stores in
the United States and Canada.  Gymboree Group's family of brands
includes Gymboree, Janie and Jack and Crazy 8, with hundreds of
retail stores across the United States, Canada and Puerto Rico as
well as online stores at http://www.gymboree.com/,
http://www.janieandjack.com/and http://www.crazy8.com/

In October 2010, The Gymboree Corp. was acquired by Bain Capital
Private Equity, LP and certain of its affiliated investment funds
or investment vehicles managed or advised by it for approximately
$1.8 billion.

The Gymboree Corp. and seven affiliates each filed a Chapter 11
voluntary petition (Bankr. E.D. Va. Lead Case No. 17-32986) on June
11, 2017.  Kirkland & Ellis LLP served as the Company's legal
counsel, AlixPartners LLP was the financial advisor and Lazard
Freres was the investment banker.  Prime Clerk was the claims and
noticing agent.

In September 2017, Gymboree Corp. successfully completed its
financial restructuring and emerged from Chapter 11 as a new
corporation under the name Gymboree Group, Inc.  The Company's
court-confirmed Plan of Reorganization which went into effect Sept.
29, eliminated more than $900 million of debt from its balance
sheet and claimed to have right-sized the company's store
footprint.


HENDRIX SCHENCK: Seeks to Hire Shmuel Klein as Legal Counsel
------------------------------------------------------------
Hendrix Schenck Inc. seeks approval from the U.S. Bankruptcy Court
for the District of New Jersey to hire the Law Office of Shmuel
Klein, PA, as its legal counsel.

The firm will assist the Debtor in the preparation of a bankruptcy
plan and will provide other legal services related to its Chapter
11 case.

Shmuel Klein will be paid an hourly fee of $385 and a $5,000
retainer.

The firm is "disinterested" as defined in Section 101(14) of the
Bankruptcy Code, according to court filings.

Shmuel Klein can be reached through:

     Shmuel Klein, Esq.
     Law Office of Shmuel Klein, PA
     113 Cedarhill Avenue
     Mahwah, NJ 07430
     Phone: 845-425-2510
     Email: shmuel.klein@verizon.net

                      About Hendrix Schenck

Hendrix Schenck Inc. is a privately-held company in the investment
pools and funds industry.  It owns four properties in New York and
New Jersey, with a total value of $990,000.

Hendrix Schenck sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. N.J. Case No. 18-30765) on October 18,
2018.  At the time of the filing, the Debtor had estimated assets
of less than $1 million and liabilities of $1 million to $10
million.  

The case has been assigned to Judge John K. Sherwood.


HERITAGE HOME: Sets Sale Procedures for Miscellaneous Assets
------------------------------------------------------------
Heritage Home Group, LLC, and affiliates ask the U.S. Bankruptcy
Court for the District of Delaware to authorize the procedures in
connection with the sale of miscellaneous assets, consisting of
equipment, furniture, supplies, fixtures, and other miscellaneous
tangible and intangible personal property.

In the ordinary course of their business operations, the Debtors
have accumulated and are currently in possession of the
Miscellaneous Assets that will not be necessary for the wind-down
of their operations.  In the exercise of their sound business
judgment, they've determined that the prompt sale of the
Miscellaneous Assets, without the need for further notice, motions,
hearings and subsequent Court approval, subject to certain
procedures set forth, is in the best interest of their
stakeholders, and will enable them to maximize the value of the
Miscellaneous Assets.  The Debtors desire to sell the Miscellaneous
Assets in order to, among other things, eliminate costs associated
with maintaining unnecessary assets, and to preserve and maximize
the value of their estates.

Given the De Minimis Assets' limited value in relation to the
Debtors' overall operations, the Debtors submit that selling the De
Minimis Assets through efficient procedures will reduce costs and
other administrative expenses that would otherwise be incurred by
selling such assets by separate motions.  Therefore, they propose
the procedures to streamline the sale and transfer process and
ensure that parties in interest receive appropriate notice of such
sales.

In connection with the sale of the Miscellaneous Assets, the
Debtors ask authorization to sell such Miscellaneous Assets
pursuant to these Miscellaneous Asset Sale Procedures:

     a) If the sale consideration from a purchaser of the
Miscellaneous Assets does not exceed $100,000, on a per-transaction
basis, and if the sale is not to an insider or affiliate of the
Debtors or SB360, the Debtors may sell the assets upon providing
notice to (i) the Office of the United States Trustee for the
District of Delaware, (ii) counsel to the Committee, (iii) counsel
to the Agent; (iv) counsel to KPS Special Situations Fund III (A),
L.P., in its capacity as Pre-Petition Term Agent; and (v) all known
parties holding or asserting liens, claims, encumbrances or other
interests in the assets being sold and their respective counsel, if
known, which will have three business days (unless extended by
agreement from the Debtors) from the date of such notice to inform
the Debtors that they object to the proposed sale.  

     b) If the sale consideration from a purchaser for the
Miscellaneous Assets, on a per-transaction basis, exceeds $100,000
but is less than $300,000, or if the sale is to an insider or
affiliate of the Debtors or SB360 in an amount less than $300,000,
the Debtors will file with the Court a notice, substantially in the
form attached as Exhibit 1 to the Proposed Order, of such Proposed
Miscellaneous Asset Sale and serve such Miscellaneous Asset Sale
Notice on the Notice Parties and those parties, as of the date of
such notice, who have filed in these chapter 11 cases a notice of
appearance and request for service of papers pursuant to Rule 2002
of the Federal Rules of Bankruptcy Procedure.

     c) The Miscellaneous Asset Sale Notice, to the extent that the
Debtors have such information, will include: (i) a description of
the Miscellaneous Assets that are the subject of the Proposed
Miscellaneous Asset Sale; (ii) the location of the Miscellaneous
Assets; (iii) the economic terms of sale; (iv) the identity of any
non-Debtor party to the Proposed Miscellaneous Asset Sale and
specify whether that party is an "affiliate" or "insider" as those
terms are defined under section 101 of the Bankruptcy Code, of the
Debtors or SB360; and (v) the identity of the party, if any,
holding liens, claims, encumbrances or other interests in the
Miscellaneous Assets.

     d) The Notice Parties and the Rule 2002 Parties will have
seven business days (unless extended by agreement from the Debtors)
after the Miscellaneous Asset Sale Notice is filed and served to
advise counsel to the Debtors in writing with specific and
particular bases that they object to the Proposed Miscellaneous
Asset Sale described in such Miscellaneous Asset Sale Notice.  If
no written objection is received by the Objection Deadline, the
Debtors may consummate the Proposed Miscellaneous Asset Sale,
without further notice to any other party and without the need for
a hearing, upon entry of an order of the Court submitted under
certification of counsel in accordance with these procedures, and
upon entry of such order, such Proposed Miscellaneous Asset Sale
will be deemed fully authorized by the Court.

     e) If a written objection to a Proposed Miscellaneous Asset
Sale is timely received by the Objection Deadline, the Debtors will
not proceed with the Proposed Miscellaneous Asset Sale unless: (i)
the objection is withdrawn or otherwise resolved; or (ii) the Court
approves the Proposed Miscellaneous Asset Sale at the next
regularly scheduled omnibus hearing in these chapter 11 cases that
is at least five business days after receipt by the Debtors of the
objection, or at the next omnibus hearing in these chapter 11 cases
that is agreed to by the objecting party and the Debtors.

     f) All proceeds from the sale of the Proposed Miscellaneous
Asset Sale, net of fees, costs and expenses approved by DIP Agent,
will be paid to DIP Agent to be applied to the Obligations in
accordance with the terms of the DIP Order and the DIP Financing
Documents.  The Net Proceeds will be paid to DIP Agent without any
setoff or deduction of any kind.

     g) All the buyers will acquire the Miscellaneous Assets sold
by the Debtors pursuant to these Miscellaneous Asset Sale
Procedures on an "as is, where is" basis without any
representations or warranties from the Debtors as to the quality or
fitness of such assets for either their intended or any other
purposes.

     h) Good faith purchasers of the Miscellaneous Assets will be
entitled to the protections of section 363(m) of the Bankruptcy
Code.

     i) The absence of a timely objection to the sale of the
Miscellaneous Assets in accordance with the Miscellaneous Asset
Sale Procedures will be "consent" to such sale within the meaning
of section 363(f)(2) of the Bankruptcy Code.

The Debtors ask that the Court waives the 14-day stay set forth in
Bankruptcy Rule 6004(h).

A hearing on the Motion is set for Dec. 12, 2018 at 3:00 p.m. (ET).
The objection deadline is Dec. 4, 2018 at 4:00 p.m. (ET).

                   About Heritage Home Group

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
CRO Robert D. Albergotti, Heritage Home Group 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.


HH & JR: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of HH & JR Inc. as of Dec. 3, according to a
court docket.

                       About HH & JR, Inc.

Headquartered in Lake Worth, Florida, HH & JR Inc., doing business
as One Stop, previously filed for Chapter 11 bankruptcy protection
(Bankr. S.D. Fla. Case No. 17-19473) on July 27, 2017.

HH & JR Inc. again filed a Chapter 11 bankruptcy petition (Bankr.
S.D. Fla. Case No. 18-23132) on Oct. 23, 2018, disclosing under $1
million in both assets and liabilities.

Chad T. Van Horn, Esq., at Van Horn Law Group, P.A., serves as the
Debtor's bankruptcy counsel.


HUFFERMEN INC: Seeks to Hire Keery McCue as Legal Counsel
---------------------------------------------------------
Huffermen, Inc., seeks approval from the U.S. Bankruptcy Court for
the District of Arizona to hire Keery McCue, PLLC, as its legal
counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; assist in the preparation of a bankruptcy plan;
conduct examinations incidental to the administration of its
Chapter 11 case; and provide other legal services related to the
case.

The hourly rates charged by the firm range from $135 to $350.

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

The firm can be reached through:

     Martin J. McCue, Esq.
     Patrick F. Keery, Esq.
     Keery McCue, PLLC
     6803 East Main Street, Suite 1116
     Scottsdale, AZ 85251
     Tel: (480) 478-0709
     Fax: (480) 478-0787
     E-mail: mjm@kerrymccue.com
     E-mail: pfk@kerrymccue.com

                       About Huffermen Inc.

Huffermen, Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 18-14369) on Nov. 26,
2018.  At the time of the filing, the Debtor estimated assets and
liabilities of $500,000 to $1 million.  Keery McCue, PLLC, is the
Debtor's counsel.





ISRS REALTY: Voluntary Chapter 11 Case Summary
----------------------------------------------
Two affiliates that have filed voluntary petitions seeking relief
under Chapter 11 of the Bankruptcy Code:

     Debtor                                       Case No.
     ------                                       --------
     ISRS Realty LLC                              18-23867
     P.O. Box 8632
     Pelham, NY 10803
  
     IRS Realty LLC                               18-23868
     P.O. Box 8632
     Pelham, NY 10803

Business Description: ISRS Realty and IRS Realty are Single Asset
                      Real Estate Debtors (as defined in 11 U.S.C.
                      Section 101(51B)).

Chapter 11 Petition Date: December 5, 2018

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

Judge: Hon. Robert D. Drain

Debtors' Counsel: Julie Cvek Curley, Esq.
                  DELBELLO DONNELLAN WEINGARTEN WISE &
                  WIEDERKEHR, LLP
                  One North Lexington Avenue, 11th Floor
                  White Plains, NY 10601
                  Tel: (914) 681-0200
                  Fax: (914) 684-0288
                  E-mail: jcurley@ddw-law.com

                    - and -

                  Erica R. Aisner, Esq.
                  DELBELLO DONNELLAN WEINGARTEN WISE &
                  WIEDERKEHR, LLP
                  One North Lexington Avenue
                  White Plains, NY 10601
                  Tel: (914) 681-0200
                  E-mail: erf@ddw-law.com

ISRS Realty's
Estimated Assets: $1 million to $10 million

ISRS Realty's
Estimated Liabilities: $1 million to $10 million

IRS Realty's
Estimated Assets: $1 million to $10 million

IRS Realty's
Estimated Liabilities: $1 million to $10 million

The petitions were signed by Dr. Rajeev Sindhwani, managing
member.

The Debtors failed to submit lists of their 20 largest unsecured
creditors at the time of the filing.

The full-text copies of the petitions are available at no charge
at:

         http://bankrupt.com/misc/nysb18-23867.pdf
         http://bankrupt.com/misc/nysb18-23868.pdf


ISTAR INC: Moody's Raises CFR to Ba2 on Improved Liquidity
----------------------------------------------------------
Moody's Investors Service has upgraded iStar Inc.'s corporate
family and senior unsecured ratings to Ba3 from B1 following
improvement in the REIT's liquidity position and material reduction
in its non-core asset exposure. In the same rating action, iStar's
preferred stock rating was upgraded to B2 from B3, the REIT's
senior secured credit facility rating was affirmed at Ba2 and a
Speculative Grade Liquidity Rating of SGL-2 was assigned. The
rating outlook is stable.

The following ratings were upgraded:

Corporate family rating to Ba3 from B1

Senior Unsecured debt rating to Ba3 from B1

Senior Unsecured shelf to (P)Ba3 from (P)B1

Preferred stock to B2 from B3

Subordinate debt shelf to (P)B2 from (P)B3

Preferred stock shelf to (P)B2 from (P)B3

The following rating was affirmed:

Senior Secured credit facility at Ba2

The following rating was assigned

Speculative Grade Liquidity Rating at SGL-2


RATINGS RATIONALE

Substantial land and operating asset sales in the last few quarters
has helped iStar reduce its exposure to non-core assets and have
improved its liquidity position. In the last three quarters,
iStar's operating asset and land portfolio declined by 18%. The
REIT used asset sales proceeds and loan repayments to pay down
upcoming debt maturities and invest selectively in new loans, net
lease assets and other legacy assets in the monetization pipeline.
At the end of Q3 2018, iStar reported $757 million of cash on
balance sheet and had a fully undrawn $325 million secured credit
facility. Upcoming debt maturities are manageable at $497 million
due in 2019, not including the $122 million senior unsecured note
repayment in November 2018.

iStar's net lease and loan portfolios continue to report solid
operating performance with strong occupancy in the net lease
segment and no additions to the non-performing loan pool. The
origination environment, however, is challenging due to substantial
institutional demand for high quality net lease and loan assets.

iStar's leverage metrics have improved modestly in recent quarters
but are still elevated for the rating level in part due to the
funding structure for the loan business and substantial
non-recurring income from asset sales. Net debt + preferred to
recurring EBITDA was weak at 22.2x at the end of Q3 2018 but the
ratio improves to 10.2x if asset sale gains are included in EBITDA.
Increase in core portfolio investments and lower
impairment/provision charges would likely lead to higher recurring
income volume over the medium term. For the first nine months of
2018, iStar's fixed charge coverage was 1.5x, including asset sale
gains in EBITDA, and 0.7x if asset sales were excluded. High
leverage and the large proportion of unstabilized/non-core assets
in the portfolio are some factors contributing to the modest
coverage.

The affirmation of iStar's Ba2 senior secured rating considers the
asset quality and the first lien encumbrances related to the assets
included in the collateral pool. The facility's collateral coverage
requirements that mandate replacement or addition of collateral
from the unencumbered pool in the event of a collateral shortfall
are also an important consideration.
The stable rating outlook reflects the expectation that iStar will
continue to generate meaningful capital and liquidity from
monetization of non-core assets and the proceeds will be used to
reduce leverage or invested in stable and recurring income
generating assets.

A rating upgrade is unlikely in the medium term and would require
net debt + preferred to recurring EBITDA approaching 10.0x and
fixed charge coverage, excluding asset sales, sustained above 1.5x.
Material reduction in non-core asset exposure and maintaining
liquidity at current levels or better would be other key
considerations.

Fixed charge coverage, including asset sales, remaining below 1.5x,
debt + preferred above 75% of gross assets or net debt + preferred
to EBITDA, including asset sale gains, above current levels could
lead to a downgrade. Deterioration in earnings stability or
liquidity would also create rating pressure.

Moody's notes that given iStar's current and likely future trends
in its portfolio mix, the REIT will now be analyzed under the REITs
and Other Commercial Real Estate Firms methodology (Finance
Companies Rating Methodology had been used previously). The REIT's
loan portfolio balance has declined meaningfully, almost 30% since
YE 2016, and there is meaningful uncertainty about loan origination
volume in the near term. In contrast, iStar's investment in net
lease assets has remained mostly stable.
iStar Inc. [NYSE: STAR], which is headquartered in New York City,
is a REIT with a diversified portfolio of net lease assets, loans
and land development projects.

The principal methodology used in these ratings was REITs and Other
Commercial Real Estate Firms published in September 2018.


JAMES GARRISON: Falgout Buying 2015 Polaris XP 1000 for $10K
------------------------------------------------------------
James Michael Garrison asks the U.S. Bankruptcy Court for the
Northern District of Alabama to authorize the sale outside the
ordinary course of business of the 2015 Polaris XP 1000, VIN
3NSVFE991FF430857, to Brian Falgout and Linda M. Falgout for
$10,000.

The property is subject to a security interest in favor of Redstone
Federal Credit Union.  The payoff provided by Hon. Jeffrey L. Cook,
attorney for Redstone Federal Credit Union, is $7,067 through Nov.
29, 2018.

The Debtor has entered into an agreement with the Buyers for the
purchase of the property.  All liens, mortgages, or other interests
will attach to the proceeds of the sale.

The Debtor asks the Court to use the proceeds to pay the balance
owed to Redstone Federal Credit Union.  The overage will be
deposited into his plan account.

James Michael Garrison sought Chapter 11 protection (Bankr. N.D.
Ala. Case No. 18-41820) on Oct. 26, 2018.  The Debtor tapped
Tameria S. Driskill, Esq., as counsel.


JOSEPH A. BRENNICK: Parkses Buying Wauchula Property for $60K
-------------------------------------------------------------
Joseph A. Brennick asks the U.S. Bankruptcy Court for the Middle
District of Florida to authorize the sale of the real property
consisting of five acres located on Vandolah Rd. in Wauchula,
Florida to James E. and Sarah J.W. Parks for $60,000.

The Debtor owns the Real Property, a vacant lot and is not
necessary for the Debtor's reorganization.  Allowing the Real
Property to be sold will relieve the Debtor of the burdens of
property ownership, such as insurance and property taxes.  

The Debtor has received an offer from the Purchasers to purchase
it, contingent upon financing, and with closing in 30 days.  The
terms of the offer is set forth in their Vacant Land Contract.

The consummation of the proposed sale may involve the incurrence of
and the payment of certain expenses, including certain appraisals,
title insurance, and other normal costs of closing, payment of
which should be made from the sales proceeds.  

The Real Property is encumbered by a lien of Wauchula State Bank.
The Debtor proposes to pay Wauchula Bank the net proceeds from the
sale of the Real Property after payment of the Closing Costs.
Wauchula Bank consents to the sale proposed in the Motion.  Based
on his schedules, the Debtor owes Wauchula Bank a total of
$2,976,910.  Wauchula Bank is vastly undersecured.

The Debtor also believes that the Internal Revenue Service asserts
a blanket junior lien on all of his real estate assets.  Indeed,
the IRS has filed a secured claim in the amount of $1,573,838,
which has been designated as Claim No. 12 on the claims register.
The IRS' liens were recorded between Nov. 29, 2016 through March
29, 2017.

Additionally, First National Bank of Omaha may claim a lien on the
Real Property by virtue of ifs judgment recorded July 6, 2017,
which is junior to both Bank of Wauchula's lien and the IRS' lien.

The Debtor has also filed an application to employ Jim See Realty,
Inc. as broker in connection with the sale of the Real Property. He
proposes to pay 3% brokerage commission to Jim See and a 3%
commission to the Buyer's broker at the closing of the sale of the
Real Property.

The Debtor asks authority to sell the Real Property under the
Contract free and clear of all liens, claims, encumbrances, and
interests.  He also asks authority to pay Wauchula Bank, the
brokerage commission, and the Closing Costs at the closing without
further order of the Court.

A copy of the Contract attached to the Motion is available for free
at:

   http://bankrupt.com/misc/Joseph_Brennick_56_Sales.pdf

The Purchasers:

        James E. and Sarah J.W. Parks
        1872 Ken McLeod Rd.
        Wauchula, FL 33873

Joseph A. Brennick sought Chapter 11 protection (Bankr. M.D. Fla.
Case No. 18-07874) on Sept. 18, 2018.  The Debtor tapped Edward J.
Peterson, III, Esq., at Stichter, Riedel, Blain & Postler, P.A. as
counsel.



JOSEPH A. BRENNICK: Tenerife Buying Wauchula Property for $35K
--------------------------------------------------------------
Joseph A. Brennick asks the U.S. Bankruptcy Court for the Middle
District of Florida to authorize the sale of the real property
consisting of two lots located on Palmetto St. West and 207
Palmetto St. West in Wauchula, Florida to Tenerife Southwest
Investments, Inc., for $35,000, cash.

The Debtor owns the Real Property.  He has received an offer from
the Purchaser to purchase it, and with closing in 10 days.  The
terms of the offer is set forth in a Vacant Land Contract.  

The consummation of the proposed sale may involve the incurrence of
and the payment of certain expenses, including certain appraisals,
title insurance, and other normal costs of closing, payment of
which should be made from the sales proceeds.

The Real Property is encumbered by a lien of Wauchula State Bank.
The Debtor proposes to pay Wauchula Bank the net proceeds from the
sale of the Real Property after payment of the Closing Costs.
Wauchula Bank consents to the sale proposed in the Motion.  Based
on his schedules, the Debtor owes Wauchula Bank a total of
$2,976,910.  Wauchula Bank is vastly undersecured.

The Debtor also believes that the Internal Revenue Service asserts
a blanket junior lien on all of his real estate assets.  Indeed,
the IRS has filed a secured claim in the amount of $1,573,838,
which has been designated as Claim No. 12 on the claims register.
The IRS' liens were recorded between Nov. 29, 2016 through March
29, 2017.

Additionally, First National Bank of Omaha may claim a lien on the
Real Property by virtue of ifs judgment recorded July 6, 2017,
which is junior to both Bank of Wauchula's lien and the IRS's
lien.

The Debtor has also filed an application to employ Jim See Realty,
Inc. as broker in connection with the sale of the Real Property. He
proposes to pay 3% brokerage commission to Jim See and a 3%
commission to the Buyer's broker at the closing of the sale of the
Real Property.

The Debtor asks authority to sell the Real Property under the
Contract free and clear of all liens, claims, encumbrances, and
interests.  He also asks authority to pay Wauchula Bank, the
brokerage commission, and the Closing Costs at the closing without
further order of the Court.

A copy of the Contract attached to the Motion is available for free
at:

   http://bankrupt.com/misc/Joseph_Brennick_55_Sales.pdf

Counsel for Debtor:

          Edward J. Peterson, Esq.
          Matthew B. Hale, Esq.
          STICHTER, RIEDEL, BLAIN & POSTLER, P.A.
          110 E. Madison Street, Suite 200
          Tampa, FL 33602-4718
          Telephone: (813) 229-0144
          E-mail: epeterson@srbp.com
                  mhale@srbp.com

Joseph A. Brennick sought Chapter 11 protection (Bankr. M.D. Fla.
Case No. 18-07874) on Sept. 18, 2018.  The Debtor tapped Edward J.
Peterson, III, Esq., at Stichter, Riedel, Blain & Postler, P.A. as
counsel.


K & B DIRECTIONAL: Seeks to Hire Eric A. Liepins as Legal Counsel
-----------------------------------------------------------------
K & B Directional, Inc. seeks approval from the U.S. Bankruptcy
Court for the Eastern District of Texas to hire Eric A. Liepins,
P.C., as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code and will provide other legal services related to
its Chapter 11 case.

Eric Liepins, Esq., the attorney who will be handling the case,
charges $275 per hour.  The hourly rates for paralegals and legal
assistants range from $30 to $50.

The firm received a retainer of $7,500, plus the filing fee.

Mr. Liepins disclosed in a court filing that his firm neither holds
nor represents any interest adverse to the Debtor and its
bankruptcy estate.

The firm can be reached through:

     Eric A. Liepins, Esq.
     Eric A. Liepins, P.C.
     12770 Coit Road, Suite 1100
     Dallas, TX 75251
     Phone: (972) 991-5591
     Fax: (972) 991-5788
     Email: eric@ealpc.com

                     About K & B Directional

K & B Directional, Inc., is a privately-held company that arranges
transportation of freight and cargo.  It filed as a domestic
for-profit corporation in Texas on Dec. 27, 2016.

K & B Directional sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Texas Case No. 18-42643) on Nov. 27,
2018.  At the time of the filing, the Debtor estimated assets of
less than $50,000 and liabilities of $1 million to $10 million.
The Hon. Brenda T. Rhoades is the case judge.


KOKB MEDICAL: Seeks to Hire Joyce W. Lindauer as Legal Counsel
--------------------------------------------------------------
KOKB Medical Properties, LLC, seeks approval from the U.S.
Bankruptcy Court for the Northern District of Texas to hire Joyce
W. Lindauer Attorney, PLLC as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code and will provide other legal services related to
its Chapter 11 case.

Lindauer charges these hourly fees:

     Joyce Lindauer                      $395
     Jeffery Veteto                      $195
     Rick Musal                          $250
     Paralegals/Legal Assistants      $65 to $125

The firm received a retainer of $6,717, which included the filing
fee of $1,717.  

Joyce Lindauer, Esq., disclosed in a court filing that she and the
firm's members and contract attorneys, are "disinterested" as
defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Joyce W. Lindauer, Esq.
     John R. Musal, Jr., Esq.
     Jeffery M. Veteto, Esq.
     Joyce W. Lindauer Attorney, PLLC
     12720 Hillcrest Road, Suite 625
     Dallas, TX 75230
     Telephone: (972) 503-4033
     Facsimile: (972) 503-4034
     E-mail: joyce@joycelindauer.com

                 About KOKB Medical Properties

KOKB Medical Properties, LLC, sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. N.D. Texas Case No. 18-33649) on Nov.
5, 2018.  At the time of the filing, the Debtor estimated assets
and liabilities of less than $500,000.  The case has been assigned
to Judge Harlin Dewayne Hale.


L REIT LTD: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------
Two affiliates that have filed voluntary petitions seeking relief
under Chapter 11 of the Bankruptcy Code:

     Debtor                                            Case No.
     ------                                            --------
     L REIT, Ltd.                                      18-36881
     7904 North Sam Houston Parkway West
     Houston, TX 77064

     Beltway 7 Properties, Ltd.                        18-36883
     7904 North Sam Houston Parkway West
     Houston, TX 77064

Business Description: L REIT, Ltd. is a privately held lessors of
                      real estate based in Houston, Texas.  Its
                      principal assets are located at 7900, 7904,
                      7906, 7908, 7840, and 7850 N Sam
                      Houston Parkway, and 10740 N Gessner Road
                      Houston, TX 77064.

Chapter 11 Petition Date: December 5, 2018

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

Judges: David R. Jones (18-36881)
        Marvin Isgur (18-36883)

Debtors' Counsel: Melissa Anne Haselden, Esq.
                  HOOVER SLOVACEK, LLP
                  Galleria II Tower
                  5051 Westheimer, Suite 1200
                  Houston, TX 77056
                  Tel: 713.977.8686
                  Fax: 713.977.5395
                  E-mail: Haselden@hooverslovacek.com

                    - and -

                  Edward L. Rothberg, Esq.
                  HOOVER SLOVACEK, LLP
                  Galleria Tower II
                  5051 Westheimer, Suite 1200
                  Houston, TX 77056
                  Tel: 713-977-8686
                  Fax: 713-977-5395
                  E-mail: rothberg@hooverslovacek.com

L REIT, Ltd.'s
Estimated Assets: $50 million to $100 million

L REIT, Ltd.'s
Estimated Liabilities: $50 million to $100 million

Beltway 7's
Estimated Assets: $1 million to $10 million

Beltway 7's
Estimated Liabilities: $1 million to $10 million

The petitions were signed by Mohammad Nasr, president of L Reit,
LLC, L REIT, Ltd.'s general partner and president of Beltway 7
Management, LLC, general partner of Beltway 7 Properties.

Beltway 7 Properties stated it has no unsecured creditors.

List of L REIT, Ltd.'s 20 Largest Unsecured Creditors:

   Entity                          Nature of Claim   Claim Amount
   ------                          ---------------   ------------
American Fire Systems Inc.                                 $2,977

Caldwell Companies                                        $24,084

Colliers International                                    $43,468

CRA Houston                                                $9,399

Elite Protective Service                                  $50,919

Environmental Coalition Incorporated                       $3,198

FacilitySolutionsgroup                                     $3,877

Fora Financial                          Loan             $120,000
National Funding
Email: slegerton@nationalfunding.com

Gregory J Dalton PC                                       $15,260

K&R Mechanical LLC                                         $7,893

Kilgore Industries LP                                      $1,685

Mattox Terrel & Associates                                $23,283

Oits                                                       $7,179

Paul Richard Electric                                      $1,297

Professional Janitorial                Litigation         $91,586
Service of Houston Inc.

Pyrotex Systems                                            $4,074

Quality Airflow                                           $12,500

Rae Security                                               $1,396

Shooter and Lindsey Inc.                                  $34,384

Spring Glass & Mirror Ltd.                                $15,110

Full-text copies of the petitions are available at no charge at:

         http://bankrupt.com/misc/txsb18-36881.pdf
         http://bankrupt.com/misc/txsb18-36883.pdf


L.E. DIETRICH: Seeks to Hire Haller & Colvin as Legal Counsel
-------------------------------------------------------------
L.E. Dietrich, Inc., seeks approval from the U.S. Bankruptcy Court
for the Northern District of Indiana to hire Haller & Colvin, PC,
as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code and will provide other legal services related to
its Chapter 11 case.

The firm's attorneys who will be handling the Debtor's bankruptcy
case are Daniel Skekloff, Esq., Scot Skekloff, Esq., and Martin
Seifert, Esq.

Haller & Colvin does not represent any interest adverse to the
Debtor and its bankruptcy estate, according to court filings.

The firm can be reached through:

     Daniel Skekloff, Esq.
     Haller & Colvin, PC
     444 E. Main Street
     Fort Wayne, IN 46802
     Tel: (260) 426-0444
     Fax: (260) 422-0274
     E-mail: DSkekloff@hallercolvin.com

                       About L.E. Dietrich

L.E. Dietrich, Inc., sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ind. Case No. 18-12265) on Nov. 27,
2018.  At the time of the filing, the Debtor estimated assets of
less than $50,000 and liabilities of less than $1 million.  The
case has been assigned to Judge Robert E. Grant.


LBU FRANCHISES: U.S. Trustee Unable to Appoint Committee
--------------------------------------------------------
The Office of the U.S. Trustee on Dec. 4 disclosed in a court
filing that no official committee of unsecured creditors has been
appointed in the Chapter 11 case of LBU Franchises Corporation.

                About LBU Franchises Corporation

LBU Franchises Corporation filed a Chapter 11 bankruptcy petition
(Bankr. S.D. Tex. Case No. 18-36106) on Nov. 2, 2018, estimating
less than $1 million in assets and liabilities.  The Debtor is
represented by Alan Gerger, Esq., at The Gerger Law Firm PLLC.


LIMITED STORES: Optium Buying Possible Class Action Claim for $385K
-------------------------------------------------------------------
UMB Bank, National Association, the Plan Trustee of the Limited
Creditors' Liquidating Trust of LSC Wind Down, LLC, formerly known
as Limited Stores Co., LLC, et al., asks the U.S. Bankruptcy Court
for the District of Delaware to authorize the sale of the potential
claim in connection with the Class Action Interchange Litigation to
Optium Fund 2, LLC, pursuant to the Asset Purchase and Sale
Agreement, for $385,000.

On Oct. 20, 2005, the case styled In re Payment Card Interchange
Fee and Merchant-Discount Antitrust Litigation (Case No. 1
:05-md-01720-JG-JO) was commenced in the U.S. District Court for
the Eastern District of New York by numerous merchants, retailers
and trade associations against, among other entities, Visa U.S.A.
Inc. and MasterCard International Inc.  Pursuant to the lawsuit,
the Plaintiffs claim that since Jan. 1, 2004, the Defendants
conspired to unlawfully fix the price of "interchange fees" and
other fees charged to merchants for transactions processed over the
Visa and MasterCard networks.

Beginning in December 2011, the parties to the Class Action
Interchange Litigation, along with mediators, began potential
settlement discussions.  On July 13, 2012, the parties filed a
Memorandum of Understanding attaching a document setting forth the
terms of the settlement, and in October 2012, the parties executed
a settlement agreement reflecting those terms.  

On Nov. 27, 2012, the Eastern District Court preliminarily approved
the Settlement Agreement, certified a settlement class under
Federal Rule of Civil Procedure 23(b)(3) from which opt-outs were
permitted, and certified a settlement class under Federal Rule of
Civil Procedure 23(b)(2) from which opt-outs were not permitted.
On Dec. 13, 2013, the Eastern District Court filed an order finally
approving the Settlement Agreement and certified the two settlement
classes.

On June 30, 2016, the U.S. Court of Appeals for the Second Circuit
vacated the Eastern District Court's class certification and
approval of the Settlement Agreement.  On Sept. 18, 2018, the
parties filed the Superseding and Amended Definitive Class
Settlement Agreement with the Eastern District Court seeking
approval of a proposed $5.56 to $6.26 billion settlement.  As of
the date hereof, the Eastern District Court has not granted
preliminary approval of the New Proposed Settlement.  Moreover,
inclusion in a specific class, as well as monetary allocations
based on potential claim amounts, have not yet been determined, and
the Eastern District Court has not yet approved a claim form for
claimants or a timetable for claim submissions.

Given the Debtors' use of the MasterCard and Visa systems as a
merchant, the Trustee believes that the Trust may have a right to a
share in the New Proposed Settlement or other recovery the
Plaintiffs may obtain in the Class Action Interchange Litigation on
account of interchange fees paid to the Defendants.

The ultimate value of the Potential Claim and the timing of any
distribution or recovery to the Trust are unknown, and it could
still be many months or even years before the Trust would receive
any payment in the Class Action Interchange Litigation on account
of the Potential Claim.  Accordingly, the Trustee determined that
soliciting bids from certain parties that specialize in the
purchase and sale of claims in the Class Action Interchange
Litigation would serve to maximize the value of the Potential
Claim.

The Trustee informed all Qualified Purchasers that a telephonic
auction would be held on Nov. 1, 2018, and set a deadline of Oct.
26, 2018 at 5:00 p.m. (PET) for the submission of binding bids. The
Trustee required all Qualified Purchasers to provide with their
bids a marked copy of the purchase agreement showing changes from
the Form APA.  The Trustee also required all bids to be accompanied
by a good faith deposit in an amount equal to 10% of the proposed
purchase price made payable to Kelley Drye & Warren LLP, the
counsel for the Trustee.  Four Qualified Purchasers submitted
bids.

At the end of the Auction, the Trustee determined the bid of Optium
to be the highest or otherwise best offer for the Potential Claim.
The Sale Agreement provides for the sale of the Potential Claim by
the Trust to Optium for a purchase price of $385,000.

The Sale Agreement also provides for the following:

     a. Optium agrees to purchase all rights, title and interest in
the Potential Claim from the Trust, and the Trust agrees to sell,
transfer and assign right, title and interest in the Potential
Claim to Optium for the sum of $385,000, plus the reimbursement by
Optium of the Trustee's reasonable costs and expenses (including
attorneys' fees) in an amount not to exceed $15,000 in connection
with the Trustee's efforts to obtain the Sale Order.

     b. The closing of the purchase and sale of the Potential Claim
will take place via electronic mail within two business days after
entry of the Approval Order, provided there is no stay pending
appeal.

     c. In addition to the Sale Agreement, the parties will execute
a Notice of Assignment.

     d. Optium does not assume any obligation or liability of the
Trust related to or in connection with the Potential Claim.

     e. The transaction contemplated by the Sale Agreement is
subject to the approval of the Court.

     f. If Optium fails to close the transaction contemplated by
the Sale Agreement on the Closing Date or otherwise materially
breaches the Sale Agreement, the Seller is permitted to terminate
the Sale Agreement and retain the Deposit.

The sale of the Potential Claim is taking place under a plan
confirmed under section 1129 of the Bankruptcy Code as contemplated
under section 1l46(a), and therefore is exempt from any and all
sales, transfer, recording, stamp tax or similar taxes.  The
Potential Claim may be sold free and clear of any and all liens,
claims and encumbrances.

If and to the extent applicable, the Trustee asks that the Court
waives the 14-day stay under Bankruptcy Rule 6004(h).

A hearing on the Motion is set for Dec. 12, 2018 at 11:00 a.m.
(ET).  The objection deadline is Nov. 30, 2018 at 4:00 p.m. (ET).

A copy of the APA attached to the Motion is available for free at:

    http://bankrupt.com/misc/LSC_Wind_878_Sales.pdf

The Purchaser:

          OPTIUM FUND 2, LLC
          610 Newport Center Drive, Suite 610
          Newport Beach, CA 92660
          Attn: Neil B. Kornswiet, CEO
          E-mail: nkornswiet@optiumcapital.com

               About Limited Stores Company

Limited Stores Company, LLC, et al., comprise a multi-channel
retailing company operating under the name "The Limited," which
specializes in the sale of women's clothing.

Founded in 1963 as a single store, Limited Stores expanded over the
past five decades to become a household name throughout the United
States for women's apparel.  At its peak, Limited Stores operated
approximately 750 retail brick and mortar store locations in the
United States as well as an e-commerce channel, which was
accessible through the Web site at http://www.TheLimited.com/     


Limited Stores Company, LLC, Limited Stores, LLC, and The Limited
Stores GC, LLC, filed voluntary petitions under Chapter 11 of the
Bankruptcy Code (Bankr. D. Del. Lead Case No. 17-10124) on Jan. 17,
2017, blaming, among other things, the shift of consumer
preference
from shopping at brick and mortar stores to online shopping.

Limited Stores estimated $10 million to $50 million in assets and
$100 million to $500 million in liabilities.  The Debtors tapped
Klehr Harrison Harvey Branzburg LLP as counsel; and Donlin, Recano
& Company, Inc., as notice, claims and balloting agent.

On Jan. 24, 2017, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors.  Kelley Drye & Warren
LLP is the proposed counsel to the Official Committee of Unsecured
Creditors.

The Plan was confirmed on Dec. 20, 2017, and became effective on
Dec. 31, 2017.  On the Effective Date of the Plan, the Confirmation
Order appointed UMB Bank, National Association as Trustee of the
Limited Creditors' Liquidating Trust.


LONG BLOCKCHAIN: Three Board Members Resign
-------------------------------------------
Loretta Joseph, Ramy Soliman, and Som Ghosh have resigned from the
board of directors of Long Blockchain Corp. and from each committee
on which he or she served.  In addition, on Nov. 30, 2018, the
resignation of Sanjay Sachdev from the Board became effective, as
previously announced.  The directors' resignations were not due to
any disagreement with the Company or its management on any matter
relating to the Company's operations, policies or practices
(financial or otherwise), Long Blockchain said in a Form 8-K filed
with the Securities and Exchange Commission.

                  About Long Blockchain Corp.

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

Long Blockchain incurred a net loss of $15.21 million in 2017 and a
net loss of $10.44 million in 2016.  As of June 30, 2018, Long
Blockchain had $11.28 million in total assets, $3.68 million in
total liabilities, and $7.59 million in total stockholders'
equity.

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


M.D. MILLER TRUCKING: Seeks to Hire Schneider & Stone as Counsel
----------------------------------------------------------------
M. D. Miller Trucking & Topsoil, Inc., seeks approval from the U.S.
Bankruptcy Court for the Northern District of Illinois to hire
Schneider & Stone as its legal counsel.

The firm will assist the Debtor in the preparation of a bankruptcy
plan and provide other legal services related to its Chapter 11
case.

Ben Schneider, Esq., the attorney who will be handling the case,
charges an hourly fee of $350 for his services.  The firm's
paralegals charge $175 per hour.

Schneider & Stone received an initial retainer of $11,018,
including the filing fee.

Mr. Schneider disclosed in a court filing that he and his firm are
"disinterested" as defined in section 101(14) of the Bankruptcy
Code.

Schneider & Stone can be reached through:

     Ben L. Schneider, Esq.
     Schneider & Stone
     8424 Skokie Blvd., Suite 200
     Skokie, IL 60077
     Tel: 847-933-0300
     Fax: 847-676-2676
     Email: ben@windycitylawgroup.com

               About M. D. Miller Trucking & Topsoil

M. D. Miller Trucking & Topsoil, Inc., is a privately-held trucking
company in Plainfield, Illinois.  M. D. Miller Trucking & Topsoil
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
N.D. Ill. Case No. 18-30959) on Nov. 2, 2018.  At the time of the
filing, the Debtor estimated assets of less than $50,000 and
liabilities of $1 million to $10 million.  The case has been
assigned to Judge Jack B. Schmetterer.  Schneider & Stone is the
Debtor's legal counsel.



MOULTON PROPERTIES: Has Authority on Modified Cash Collateral Use
-----------------------------------------------------------------
The Hon. Jerry C. Oldshue, Jr. of the U.S. Bankruptcy Court for the
Northern District of Florida has entered an Agreed Omnibus Order
resolving (a) the First Chapter 11 Fee Application for Moulton
Properties Holdings, LLC's Counsel, Aaronson Schantz Beiley P.A.,
(b) Summit Bank, N.A.'s Objection to the First Chapter 11 Fee
Application, and (c) Summit Bank's Renewed Motion to Prohibit Use
of Cash Collateral, or, in the Alternative, to Modify Use of Cash
Collateral.

Among other conditions, the Agreed Omnibus Order provides that:

     (1) The law firm of Aaronson Schantz Beiley P.A. ("ASBPA") is
awarded its applied for fees and expenses in the Fee Application at
the requested amount of $287,756.97.

     (2) The Fee Retainer of $25,000 previously received by ASBPA
from a third party on behalf of the Debtor may be retained by ASBPA
in partial satisfaction of this award.

     (3) ASBPA and Summit Bank will receive equal distributions of
the net funds remaining in the Debtor-in-Possession account
associated with the income producing property located at 1300
Palafox Street, Pensacola, Florida. The Palafox DIP Account is
maintained by Donald C. Neal of Neal & Company LLC at Regions Bank
Acct. x4826. Said equal distributions to ASBPA and Summit Bank from
the Palafox DIP Account will only be made upon entry of this Order
and entry of a Final Decree from available funds less the reserve
maintained by the property manager up to $4,000.

     (4) Following receipt of November 2018 rents from the tenants
of the Palafox Property, the Debtor will pay the following
expenses: (a) 2018 property taxes to Escambia County for the
Palafox Property in the amount of $21,172.43; (b) ordinary
utilities, operating expenses and management fees on the Palafox
Property for the month of November 2018, estimated to be $4,000 to
$6,000; and (c) quarterly fee paid to the U.S. Trustee for all
disbursements pursuant to 28 USC Section 1930(a)(6)(A)1 from
October 1, 2018 through the entry of a Final Decree.

     (5) Once the U.S. Trustee fee is paid and cleared along with
all other expenses detailed above, the remaining balance in the
reserve maintained by the property manager will be disbursed
equally to ASBPA and Summit Bank resulting in the closure of the
Palafox DIP Account.

     (6) Upon final disbursement of all funds from the Palafox DIP
Account, Donald C. Neal will be immediately discharged from his
duties and obligations related to Debtor's case.

A full-text copy of the Agreed Omnibus Order is available at

            http://bankrupt.com/misc/flnb15-31131-282.pdf

                   About Moulton Properties Holdings

Moulton Properties Holdings, LLC, is a Florida-based limited
liability company organized in 2014 that manages and develops real
property.  The Debtor is 100% owned by Moulton Properties Inc.,
which is owned by 40% by James Moulton, 40% by Robert Moulton, and
20% by Strategica Capital Associates, Inc.  James Moulton passed
away in August 2016.  Mr. Moulton's surviving daughter Mary Moulton
is the authorized corporate representative of Moulton Properties
Inc.

Moulton Properties filed a Chapter 11 petition (Bankr. N.D. Fla.
Case No. 15-31131) on Nov. 16, 2015.  Mary E. Moulton, manager,
signed the petition.  The Debtor estimated assets and liabilities
at $1 million to $10 million at the time of the filing.  Steven L.
Beiley, Esq., and Samuel J. Capuano, Esq., at Aaronson Schantz
Beiley P.A., serve as the Debtor's bankruptcy counsel.


MURPHY OIL: Moody's Raises CFR to Ba2, Outlook Positive
-------------------------------------------------------
Moody's Investors Service upgraded Murphy Oil Corporation's
Corporate Family Rating to Ba2 from Ba3, its probability of default
rating to Ba2-PD from Ba3-PD and its senior unsecured notes rating
to Ba2 from Ba3. The outlook remains positive.

"The positive rating outlook reflects our expectation that the
company will continue to deliver steady growth in production and
improve its leverage, as it shifts its focus to self-funded growth
and short-cycle capital projects," commented Elena Nadtotchi, Vice
President Senior Credit Officer at Moody's.

Upgrades:

Issuer: Murphy Oil Corporation

Probability of Default Rating, Upgraded to Ba2-PD from Ba3-PD

Corporate Family Rating, Upgraded to Ba2 from Ba3

Senior Unsecured Notes, Upgraded to Ba2 (LGD4) from Ba3 (LGD4)

Outlook Actions:

Issuer: Murphy Oil Corporation

Outlook, Remains Positive

Affirmations:

Issuer: Murphy Oil Corporation

Speculative Grade Liquidity Rating, Affirmed SGL-1

RATINGS RATIONALE

Murphy's Ba2 CFR is underpinned by disciplined reinvestment of
operating cash flow to deliver steady production growth, even as
higher decline rates in its mature offshore fields offset rapidly
rising onshore production in the US and Canada. The recent
cash-funded joint venture transaction with Petrobras America Inc.
accelerates the positive credit trend. Moody's estimates that the
company will increase 2019 production by over 20%, net of organic
growth, to around 215 Mboe/d. Murphy generates relatively high cash
margins, backed by strong price realizations in its Asian
operations and in the Gulf of Mexico, as well as oil bias in
production, competitive cost structure and proactive oil price
hedging. Moody's expects that Murphy will continue to generate
strong operating cash flow and will be free cash flow positive
through 2019, after covering its capital and exploration spending,
as well as its dividend.

Steady organic growth and the PAI joint venture should boost cash
flow coverage of debt metrics, with RCF/debt trending to 45% in
2019, up from 31% at the end of the third quarter.

The positive outlook reflects Moody's expectation of continued
strong execution and portfolio management by Murphy and successful
integration of the acquired Gulf of Mexico assets, leading to
growth in production and proved developed reserves. A focus on
reinvestment of operating cash flow and free cash flow generation
should allow the company to improve its leverage.

Murphy's ratings could be upgraded if the company demonstrates
consistent production growth funded through cash flow while
sustaining RCF/Debt above 40% and a leveraged full-cycle ratio
(LFCR) of at least 2x.

Murphy's ratings could be downgraded if retained cash flow to debt
fall towards 25% or the LFCR falls below 1.5x.

Murphy's SGL-1 Speculative Grade Liquidity Rating reflects its very
good liquidity through 2019, with cash flow from operations
sufficient to cover capital expenditures and dividends. The
liquidity position is also supported by its cash balances of around
$0.95 billion and an undrawn $1.1 billion unsecured revolving
credit facility as of September 30, 2018 with $28 million in
letters of credit issued.

Concurrent to closing the joint venture transaction on December 3,
2018, Murphy increased the size of the revolving credit facility to
$1.6 billion and extended its maturity to 2023. The amendment also
removed the springing collateral provision and domestic liquidity
covenant. Moody's expects the company to remain well in compliance
with its financial covenants of EBITDAX/Interest coverage no less
than 2.5x and debt/EBITDAX of less than 4.0x. Murphy's next
maturity is $500 million and $600 million of senior notes maturing
in 2022.

Murphy's senior unsecured notes are rated Ba2, at the CFR rating
level. Moody's notes that the company's revolving facility benefits
from the upstream guarantees from the operating companies, that
make notes structurally subordinated to the claims under the
facility. Moody's understands that Murphy does not plan to make
active use of the facility, beyond the $325 million draw to support
the acquisition, which Moody's expects to be largely repaid from
operating cash flow. Accordingly, Moody's believes that the Ba2
rating is more appropriate for the notes than the rating suggested
by the Moody's LGD Methodology. A more active use of the facility
than expected may result in the downgrade of the notes.

Murphy Oil Corporation is an independent E&P company with producing
and/or exploration activities in the US, Canada, Mexico, Malaysia,
Brunei, Australia, Brazil and Vietnam. As of December 31, 2017,
Murphy had 698 million barrels of oil equivalent of proved
reserves. The company's production averaged 169 thousand barrels of
oil equivalent per day during Q3 2018.

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


NATIONAL AUTO: U.S. Trustee Forms 9-Member Committee
----------------------------------------------------
The U.S. Trustee for Region 21 on Dec. 4 appointed nine creditors
to serve on the official committee of unsecured creditors in the
Chapter 11 case of National Auto Lenders, Inc.

The committee members are:

     (1) Alex Muxo  
         2510 Princeton Ct.   
         Weston, FL 33327  
         Tel: 954-937-9090  
         Fax: 954-217-6405     
         Email: amuxo@huizenga.com

     (2) Mickey McLellan  
         2397 Lob Lolly Lane  
         Deerfield Beach, FL 33442  
         Tel: 954-401-6363     
         Email: mmiikky7@aol.com

     (3) Robert Forman   
         370 Sabal Way  
         Weston, FL 33326  
         Tel: 954-830-0043  
         Fax: 954-735-3636     
         Email: bob@rsflaw.com

     (4) Canopic Holdings, LP  
         Attention: Dr. Gary Richmond  
         315 SE 14th Street  
         Fort Lauderdale, FL 33316  
         Tel: 954-288-5740  
         Fax: 954-524-5833     
         Email: garyr@grichmond.com

     (5) Curtis Brown  
         6270 Via Palladium  
         Boca Raton, FL 33433  
         Tel: 561-436-6787     
         Email: curtisstevenbrown@gmail.com

     (6) Mark Shelnutt  
         2802 SE 28th Street  
         Ocala, FL 34471  
         Tel: 352-629-6203  
         Fax: 352-401-9485     
         Email: mshelnutt@shelnuttpa.com

     (7) Phil Bifulco  
         5829 NW 85 Lane  
         Parkland, FL 33067    
         Tel: 954-304-6190     
         Email: flattenomatic@aol.com

     (8) Wendy Labonte  
         5180 SW Hammock Creek Dr.  
         Palm City, FL 34990  
         Tel: 561-866-1413     
         Email: wendylamblabonte@gmail.com

     (9) Luis Rodriguez Terol  
         3535 SW 173 Way  
         Miramar, FL 33029  
         Tel: 561-541-7618      
         Email: luisdrterol@yahoo.com

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

                   About National Auto Lenders

National Auto Lenders, Inc. -- http://www.nalenders.com/-- is a
non-prime auto finance company that purchases loans from auto
dealers.  It has been established for more than 20 years and buys
loans in multiple states.  National Auto Lenders is headquartered
in Miami, Florida.

National Auto Lenders, Inc. filed a voluntary petition for relief
under chapter 11 of title 11 of the United States Code (Bankr. S.D.
Fla. Case No. 18-24586) on Nov. 23, 2018.  In the petition signed
by Dania Ramos-Infante, vice president, CFO, and COO, the Debtor
estimated $100 million to $500 million in assets and $50 million to
$100 million in liabilities.  Judge Laurel M. Isicoff presides over
the case.  Berger Singerman LLP, led by Paul Steven Singerman, is
the Debtor's counsel.


NEIMAN MARCUS: Incurs $28.2 Million Net Loss in First Quarter
-------------------------------------------------------------
Neiman Marcus Group LTD LLC has filed with the Securities and
Exchange Commission its Quarterly Report on Form 10-Q reporting a
net loss of $28.17 million for the 13 weeks ended Oct. 27, 2018,
compared to a net loss of $26.21 million for the 13 weeks ended
Oct. 28, 2017.

As of Oct. 27, 2018, Neiman Marcus had $7.46 billion in total
assets, $866.88 million in total current liabilities, $6.14 billion
in total long-term liabilities, and $448.75 million in total member
equity.

"Our first quarter results, marking our fifth consecutive quarter
of comparable revenue increases, demonstrate the ongoing
stabilization of our business.  We continue to focus on delivering
on our plan this year, while also positioning the company for
future growth," said Geoffroy van Raemdonck, chief executive
officer, Neiman Marcus Group.  "We will continue to drive
innovation that enriches the shopping experience, including
investing in personalization and omni-selling."

For the quarter ended Oct. 27, 2018, the Company reported total
revenues of $1.10 billion, representing an increase in comparable
revenues of 2.8% from the same quarter a year ago.  Adjusted EBITDA
for the first quarter was $135.3 million compared to Adjusted
EBITDA of $122.3 million for the first quarter a year ago.

In September 2018, the Company effected an organizational change as
a result of which the entities through which the Company operated
the MyTheresa business now sit directly under Neiman Marcus Group,
Inc., the Company's ultimate parent entity.  As a result, assets
and liabilities of MyTheresa for periods prior to the Distribution
are included in the Condensed Consolidated Balance Sheets.  In
addition, the Company's Condensed Consolidated Statements of
Operations for the first quarter of fiscal year 2019 includes the
operating results of MyTheresa only for the two months prior to the
Distribution and three months of the operating results of MyTheresa
are included in the first quarter of fiscal year 2018.  Going
forward the financial results of the MyTheresa entities will no
longer be included in the Company's publicly reported financial
statements.  The change is not expected to meaningfully affect
operations for Neiman Marcus or MyTheresa.

In the first quarter of fiscal year 2019, the Company adopted new
accounting guidance which resulted in (i) the inclusion of income
from the Company's credit card program within revenues, (ii) the
reclassification of components of net benefit costs from selling,
general and administrative expenses and (iii) the gross balance
sheet presentation of estimates for sales returns and recoverable
inventories.  Additionally, the Company has revised the previously
reported revenues and cost of goods sold to correct the income
statement classification related to certain reserves for sales
returns and promotional programs.  These corrections had no impact
on gross margin or net earnings (loss).

Net cash used for the Company's operating activities of $178.4
million in the first quarter of fiscal year 2019 increased by
$121.3 million from net cash used for operating activities of $57.1
million in the first quarter of fiscal year 2018.  This increase in
net cash used for the Company's operating activities was due
primarily to (i) higher bonus payments, (ii) higher cash interest
requirements due primarily to cash interest payments on the PIK
Toggle Notes in the first quarter of fiscal year 2019 compared to
PIK interest in the first quarter of fiscal year 2018 and (iii)
higher net working capital requirements.  At Oct. 27, 2018, the
Company had $366.0 million of borrowings outstanding under its
Asset-Based Revolving Credit Facility and $1.3 million letters of
credit.  The Company's borrowings under the Asset-Based Revolving
Credit Facility fluctuate based on our seasonal working capital
requirements, which generally peak in its first and third quarters.
At Oct. 27, 2018, the Company had unused borrowing commitments
aggregating $532.8 million, subject to a borrowing base, of which,
$90.0 million of such capacity is available to the Company subject
to certain restrictions.  Additionally, the Company held cash and
cash equivalents and credit card receivables of $87.0 million
bringing our available liquidity to $619.7 million at Oct. 27,
2018.  The Company believes that cash generated from its operations
along with its existing cash balances and available sources of
financing will enable the Company to meet its anticipated cash
obligations during the next 12 months.

"We believe that cash generated from our operations, our existing
cash and cash equivalents and available sources of financing will
be sufficient to fund our cash requirements during the next 12
months, including merchandise purchases, operating expenses,
anticipated capital expenditure requirements, debt service
requirements, income tax payments and obligations related to our
Pension Plan," the Company stated in the Quarterly Report.

"We regularly evaluate our liquidity profile, and various
financing, refinancing and other alternatives for opportunities to
enhance our capital structure and address maturities under our
existing debt arrangements.  If opportunities are available on
favorable terms, we may seek to refinance, exchange, amend and/or
extend the terms of our existing debt or issue or incur additional
debt, and have engaged and may continue to engage with existing and
prospective holders of our debt in connection with such matters.
Although we are actively pursuing opportunities to improve our
capital structure, some or all of the foregoing potential
transactions or other alternatives may not be available to us or
announced in the foreseeable future or at all."

Net cash used for the Company's operating activities of $178.4
million in the first quarter of fiscal year 2019 increased by
$121.3 million from net cash used for operating activities of $57.1
million in the first quarter of fiscal year 2018.  This increase in
net cash used for our operating activities was due primarily to (i)
higher bonus payments, (ii) higher cash interest requirements due
primarily to cash interest payments on the PIK Toggle Notes in the
first quarter of fiscal year 2019 compared to PIK interest in the
first quarter of fiscal year 2018 and (iii) higher net working
capital requirements.

Net cash used for investing activities, representing capital
expenditures, of $37.6 million in the first quarter of fiscal year
2019 increased by $12.9 million from $24.7 million in the first
quarter of fiscal year 2018.  This increase in capital expenditures
in the first quarter of fiscal year 2019 reflects higher spending
related to the construction of the new Hudson Yards store opening
in March 2019 and the remodeling of existing stores.

Currently, the Company projects capital expenditures for fiscal
year 2019 to be approximately $200 to $225 million.  Net of
developer contributions, capital expenditures for fiscal year 2019
are projected to be approximately $165 to $190 million.  The
Company has and will continue to manage the level of capital
spending in a manner designed to balance current economic
conditions and business trends with its long-term initiatives and
growth strategies.

Net cash provided by financing activities of $215.2 million in the
first quarter of fiscal year 2019 was comprised primarily of (i)
net borrowings of $207.0 million under our Asset-Based Revolving
Credit Facility due to (i) lower level of cash flows from
operations and higher working capital requirements, (ii) higher
capital expenditures and (iii) repayments of borrowings of $7.4
million under its Senior Secured Term Loan Facility.  Net cash
provided by financing activities of $73.5 million in the first
quarter of fiscal year 2018 was comprised primarily of (i) net
borrowings of $76.0 million under its Asset-Based Revolving Credit
Facility due to seasonal workings capital requirements, partially
offset by (ii) repayments of borrowings of $7.4 million under its
Senior Secured Term Loan Facility.

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

                         https://is.gd/KCamv3

                          About Neiman Marcus

Headquartered in Dallas, Texas, Neiman Marcus Group LTD LLC --
http://www.neimanmarcusgroup.com/-- is a luxury, multi-branded,
omni-channel fashion retailer conducting integrated store and
online operations under the Neiman Marcus, Bergdorf Goodman, Last
Call, Horchow, and mytheresa brand names.

Neiman Marcus reported net earnings of $251.1 million in fiscal
year 2018 compared to a net loss of $531.8 million in the prior
year.  As of July 28, 2018, Neiman Marcus had $7.54 billion in
total assets, $6.78 billion in total current and long-term
liabilities, and $759.18 million in total member equity.

                             Liquidity

At July 28, 2018, Neiman Marcus had outstanding revolving credit
facilities aggregating $927.4 million consisting of (i) its
Asset-Based Revolving Credit Facility of $900.0 million in the U.S.
and (ii) the mytheresa.com Credit Facilities of $27.4 million, or
EUR 23.5 million.  Pursuant to these credit facilities, the Company
had outstanding borrowings under its Asset-Based Revolving Credit
Facility of $159.0 million and outstanding letters of credit and
guarantees of $3.2 million.  The Company's borrowings under these
credit facilities fluctuate based on its seasonal working capital
requirements, which generally peak in its first and third quarters.
At July 28, 2018, the Company had unused borrowing commitments
aggregating $726.6 million, subject to a borrowing base, of which
(i) $90.0 million of such capacity is available to it subject to
certain restrictions and (ii) $26.0 million of such capacity is
available only to MyTheresa and not to its U.S. operations.
Additionally, the Company held cash and cash equivalents and credit
card receivables of $72.2 million bringing its available liquidity
to $798.8 million at July 28, 2018, inclusive of the amount
available to MyTheresa.  The Company believes that cash generated
from its operations along with its existing cash balances and
available sources of financing will enable it to meet its
anticipated cash obligations during the next 12 months.

                          *     *     *

As reported by the TCR on Oct. 30, 2018, Moody's Investors Service
downgraded Neiman Marcus Group LTD LLC's Corporate Family Rating to
Caa3 from Caa2 and its Probability of Default Rating to Ca-PD from
Caa2-PD.  "The downgrade of NMG's Corporate Family Rating reflects
its unsustainable leverage levels and short dated maturity profile
despite its improved operational performance in the face of a
healthy North America luxury market," says Christina Boni, vice
president.  "Despite good liquidity, overall leverage levels remain
well above what can be refinanced and a quick return to peak EBITDA
unlikely."


ORSE LLC: Seeks to Hire Eric A. Liepins as Legal Counsel
--------------------------------------------------------
ORSE, LLC seeks approval from the U.S. Bankruptcy Court for the
Northern District of Texas to hire Eric A. Liepins, P.C. as its
legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code and will provide other legal services related to
its Chapter 11 case.

Eric Liepins, Esq., the attorney who will be handling the case,
charges $275 per hour.  The hourly rates for paralegals and legal
assistants range from $30 to $50.

The firm received a retainer of $5,000, plus the filing fee.

Mr. Liepins disclosed in a court filing that his firm does not
represent any interest adverse to the Debtor's estate.

The firm can be reached through:

     Eric A. Liepins, Esq.
     Eric A. Liepins, P.C.
     12770 Coit Road, Suite 1100
     Dallas, TX 75251
     Phone: (972) 991-5591
     Fax: (972) 991-5788
     Email: eric@ealpc.com

                          About ORSE LLC

ORSE, LLC sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. N.D. Tex. Case No. 18-33804) on November 21, 2018.  At the
time of the filing, the Debtor disclosed that it had estimated
assets of less than $50,000 and liabilities of less than $1
million.  The case has been assigned to Judge Barbara J. Houser.


PEORIA DAY SURGERY: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Peoria Day Surgery Center, Ltd. as of Dec.
4, according to a court docket.

                 About Peoria Day Surgery Center

Peoria Day Surgery Center, Ltd. --
http://www.peoriadaysurgerycenter.com/-- is a surgery center in
Peoria, Illinois, serving patients who require surgical treatment.
PDSC uses the same surgical, anesthesia, and recovery room
procedures that are found in a hospital.  But unlike most hospital
procedures, the patient is usually allowed to return home after
surgery, making recovery easier and more comfortable.  PDSC was
founded in 1978.  PDSC is licensed with the state of Illinois,
certified by Medicare and IDPH, and participates in Caterpillar,
United Healthcare, BC/BS, Health Alliance/Cat, PHCS and many other
insurance plans.  PDSC is accredited with the AAAHC.

Peoria Day Surgery Center, formerly known as Peoria Day Surgery
Center, S.C., filed a Chapter 11 petition (Bankr. C.D. Ill. Case
No. 18-81615) on Oct. 29, 2018.  In the petition signed by Justin
R. Ahlman, president, the Debtor estimated $500,000 to $1 million
in total assets and $1 million to $10 million in total debt.  The
case is assigned to Judge Thomas L. Perkins.  The Debtor is
represented by Sumner Bourne, Esq., of Rafool, Bourne & Shelby,
P.C.


PETTERS COMPANY: Dorsey & Whitney Snags Clawback Case Victory
-------------------------------------------------------------
According to J Jackson, of Dorsey & Whitney LLP, lawyer for the
Trustee, "On September 8, 2008, Deanna Coleman, accompanied by her
criminal defense counsel, walked into the offices of the U.S.
Attorney for the District of Minnesota and told an incredible
story: Tom Petters, a local entrepreneur with a stable of
businesses, including Polaroid, Sun Country Airlines, Fingerhut,
and others, had built his empire not on the value of his business
assets but on fraud.  And not just any fraud; rather, a massive
Ponzi scheme dating back to at least 1993, with over $3.5 billion
dollars in losses.  It was the largest Ponzi scheme in U.S.
history, only to be overshadowed a few weeks later by Bernie
Madoff, and remains one of the biggest Ponzi schemes in U.S.
history.  Ms. Coleman agreed to wear a wire for the next three
weeks, and with those recordings and other evidence, over 70 FBI,
IRS, and Postal agents descended on the headquarters of Petters
Company, Inc. and other Petters-related properties on September 24,
2008, and shut the criminal enterprise down," Jackson says.

"Tom Petters and several conspirators were found guilty of or pled
guilty to various crimes, and Petters is currently serving a
50-year sentence in the federal penitentiary in Leavenworth, KS,"
Mr. Jackson says.

"Tom Petters'.s wholly-owned Petters Company, Inc. (PCI) was the
main engine of the massive fraud.  PCI'.s handful of operators told
potential investors that they would be financing purchases of
merchandise to be resold to big-box retailers, though in reality
the money was used simply to pay off earlier investors as part of
the Ponzi scheme.  PCI filed for Chapter 11 bankruptcy later in
2008.  Based on the work of professionals including a
Pricewaterhouse Coopers forensic accounting team, the Chapter 11
Trustee, Doug Kelley, commenced over 150 clawback lawsuits, or
bankruptcy adversary proceedings, to recover profits that the early
investors took out of the scheme and which were paid from fraud,"
Mr. Jackson says.

"The first of those clawback cases went to trial before a jury and
Judge Susan Richard Nelson in the District of Minnesota at the end
of November.  Ms. Coleman testified that she lied to investors
about deals that their money would finance, and then made up
paperwork, including promissory notes, security agreements, and
purchase orders, to lull investors into believing the deals were
real.  After 5+ days of testimony, over 200 exhibits, the jury
deliberated for less than three hours before returning a unanimous
verdict yesterday (December 4) for the Trustee in the amount of
$3,502,455, about $360,000 more than the complaint had demanded.
Several clawback cases remain to be tried," Mr. Jackson says.

"Judge Nelson made key rulings on evidentiary and legal issues that
resolved significant unsettled questions about the legal framework
governing the application of Minnesota's Uniform Fraudulent
Transfer Act ("MUFTA") to the factual context of a Ponzi scheme.
These rulings will support recovery of victims'. losses in future
cases arising not only from the Petters Ponzi scheme, but from
other Ponzi schemes as well," Mr. Jackson says.

"In 2015, the Minnesota Supreme Court decided Finn v. Alliance
Bank, 860 N.W.2d 638, 645 (Minn. 2015).  As Judge Nelson noted, the
Finn Court rejected the application of the "Ponzi scheme
presumption" to fraudulent transfer claims arising under MUFTA,
since there are situations in which a Ponzi scheme involves "a
mixture of legitimate deals and fraudulent deals," and thus
requiring a plaintiff to prove its case on a transfer-by-transfer
basis.  However, Judge Nelson made clear through her jury
instructions that a plaintiff meets that burden if it shows that a
particular transfer (here, a payment of interest to an investor)
"was made in furtherance of a fraud, enabled by a fraud, or paid on
dishonestly-incurred debt," Mr. Jackson says.

According to J Jackson of Dorsey & Whitney LLP, lawyer for the
Trustee, "Judge Nelson's rulings provide precedent for the clawback
cases that remain. This is a significant, positive step in
addressing recovery under the MN Fraudulent Transfer statute as
applied to Ponzi scheme fraud.  The victims look to the law for
justice in helping to recover their losses," Mr. Jackson says.

"Many innocent people lost significant sums, those who invest at
the end of a Ponzi scheme when it collapses.  We currently estimate
that the victims of the fraud will receive about 15-20% of their
principal back through our efforts and the efforts of others.  This
outcome is a small but important step in helping those victims
regain some of what they lost," Mr. Jackson says.

"Jury trials in clawback litigation, which begin as adversary
proceedings in bankruptcy court, are rare.  To win a jury trial
under MUFTA is a true accomplishment.  Hats go off to our jury for
understanding the complex facts and grasping the law as instructed
by Judge Nelson," Mr. Jackson says.

"The Dorsey team currently has clawback trials scheduled for
February and March 2019, with several more to be scheduled.  In
those cases, the Trustee will attempt to clawback additional
millions of dollars from early investors who profited from the
fraud," Mr. Jackson says.

                     About Petters Company

Based in Minnetonka, Minn., Petters Group Worldwide LLC is a
collection of some 20 companies, most of which make and market
consumer products. It also works with existing brands through
licensing agreements to further extend those brands into new
product lines and markets. Holdings include Fingerhut (consumer
products via its catalog and Web site), SoniqCast (maker of
portable, WiFi MP3 devices), leading instant film and camera
company Polaroid (purchased for $426 million in 2005), Sun Country
Airlines (acquired in 2006), and Enable Holdings (online
marketplace and auction for consumers and manufacturers' overstock
inventory). Founder and chairman Tom Petters formed the company in
1988.

Petters Company, Inc., is the financing and capital-raising unit of
Petters Group Worldwide.

Thomas Petters, the founder and former CEO of Petters Group, has
been indicted and a criminal proceeding against him is proceeding
in the U.S. District Court for the District of Minnesota.

Petters Company, Petters Group Worldwide and eight other affiliates
filed separate petitions for Chapter 11 protection (Bankr. D. Minn.
Lead Case No. 08-45257) on Oct. 11, 2008. In its petition, Petters
Company estimated its debts at $500 million and $1 billion.

Parent Petters Group Worldwide estimated its debts at not more than
$50,000.

Petters Aviation, LLC, and affiliates MN Airlines, LLC, doing
business as Sun Country Airlines, Inc., and MN Airline Holdings,
Inc., filed separate petitions for Chapter 11 bankruptcy protection
(Bankr. D. Minn. Case Nos. 08-45136, 08-35197 and 08-35198) on
Oct.6, 2008. Petters Aviation is a wholly owned unit of Thomas
Petters Inc. and owner of MN Airline Holdings, Sun Country's parent
company.

The Official Committee of Unsecured Creditors is represented by
David E. Runck, Esq., Lorie A. Klein, Esq., at Fafinski Mark &
Johnson, P.A.

Trustee Douglas A. Kelley is represented by James A. Lodoen, Esq.,
Mark D. Larsen, Esq., Kirstin D. Kanski, Esq., Adam C. Ballinger,
Esq., at Lindquist & Vennum LLP.


PLASKOLITE LLC: S&P Affirms 'B' ICR on PPC Investment Acquisition
-----------------------------------------------------------------
U.S.-based acrylic and polycarbonate plastic sheet manufacturer
Plaskolite LLC is being acquired by PPC Investment Partners L.P.
PPC will refinance Plaskolite's capital structure as part of the
transaction. However, at this time S&P Global Ratings does not
expect the refinancing to materially change the company's credit
quality.

On Dec. 4, 2018, S&P Global Ratings affirmed its 'B' issuer credit
rating on Plaskolite LLC.

S&P said, "At the same time, we assigned our 'B' issue-level rating
and '3' recovery rating to Plaskolite's proposed $660 million
first-lien term loan. The '3' recovery rating indicates our
expectation for meaningful recovery (50%-70%; rounded estimate:
55%) in the event of a default. The stable outlook reflects our
expectation that a full year of earnings contributions from the
acquisitions the company completed in 2018, along with modest
organic growth, will result in decreasing leverage.  However we
continue to expect leverage above 5x at the end of 2019."

A group of investors led by PPC Investment Partners L.P. (PPC) has
entered into a definitive agreement to indirectly acquire
Plaskolite LLC from its existing sponsor owner (Charles Bank). In
connection with the acquisition, Plaskolite is seeking to obtain a
$660 million first-lien term loan, a $190 million privately placed
second-lien term loan (unrated), and a $100 million cash flow
revolver (unrated). S&P said, "We expect the transaction and
refinancing to close in mid-December. If the transaction occurs as
planned, we anticipate that Plaskolite will take on $80 million of
additional debt at closing, though--in our view--this represents a
limited change in its credit quality. We still expect the company's
leverage to be in the 5.5x-6.0x range by the end of 2019."

S&P said, "The stable outlook on Plaskolite reflects our belief
that the company's leverage will decline due to a full year of
earnings incorporated from its 2018 acquisitions. The outlook also
reflects our view that the integration risks from these
acquisitions are minimal. We believe that the company is somewhat
insulated from margin volatility over the next 12 months due to its
recently implemented price increases and its history of maintaining
prices even during periods of contracting demand. Therefore, we
expect its leverage to improve to the 5.5x-6.0x range by the end
2019, but ultimately remain above 5.0x."


PLATTE COUNTY, MO: S&P Lowers 2007 Revenue Bonds Rating to 'D'
--------------------------------------------------------------
S&P Global Ratings lowered its long-term rating to 'D' from 'CC' on
Platte County Industrial Development Authority, Mo.'s series 2007
transportation refunding and improvement revenue bonds (Zona Rosa
Retail Project), issued for Platte County.

"The lowered rating reflects a Dec. 1, 2018, principal payment
default of $685,000," said S&P Global Ratings credit analyst Blake
Yocom. "The trustee on the bonds, UMB Bank, N.A., indicates that
the interest payment of $160,748 was paid in full and on time after
a draw on the debt service reserve fund."

Bond documents direct the trustee to use the debt service reserve
fund (DSRF) in the event of a deficiency, however, the trustee
stated in a notice to holders filing on Dec. 3, 2018 that given the
uncertainty of future payments, and under advice from counsel, they
would not make the Dec. 1, 2018 principal payment and only make the
interest payment at this time. In addition, the court set the next
hearing date related to the county's lawsuit in May 2019 after
having denied the trustee's petition for temporary restraining
order filed Nov. 28, 2018. However, the court ordered the county to
maintain sufficient funds to make up the shortfall for the Dec. 1,
2018 payment until further order from the court.

S&P said, "We understand the DSRF held with the trustee now totals
approximately $3.03 million. The DSRF was originally funded at
maximum annual debt service (MADS) ($3.11 million) from bond
proceeds. The next interest payment date is June 1, 2019.
We continue to believe the county has an ability to appropriate and
pay debt service, based on its strong budgetary flexibility and
liquidity and very strong economy and tax base. The county's
failure to meet its obligations on time and in full represents an
immediate unwillingness to support ongoing debt service. We believe
the county will not appropriate for future payments."

The 2007 Zona Rosa bonds are special obligations of the Platte
County Industrial Development Authority payable solely from a
portion of the Transportation Development District sales tax
revenues appropriated by the district and amounts appropriated in
each fiscal year by Platte County from legally available funds. The
series 2007 bonds refunded the series 2003 bonds, financed the
construction of an 802-space multilevel parking garage, funded
capitalized interest, and funded a DSR. The series 2007 Zona Rosa
bonds have a principal balance of $29 million. The bonds mature on
Dec. 1, 2032.



PYRAMID QUALITY: Seeks to Hire Gudeman & Associates as Counsel
--------------------------------------------------------------
Pyramid Quality Solutions & Innovations, Inc., seeks approval from
the U.S. Bankruptcy Court for the Eastern District of Michigan to
hire Gudeman & Associates, P.C., as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code and will provide other legal services related to
its Chapter 11 case.

Gudeman & Associates charges these hourly fees:

     Edward Gudeman     Attorney            $350
     Brian Rookard      Attorney            $300
     Ashton Briggs      Legal Assistant     $100
     Rachel Tanner      Legal Assistant     $100
     Kelly Darr         Legal Assistant     $100

The firm has not received a retainer.  The Debtor paid $1,717 for
the filing fee and agreed to pay $3,500 monthly to escrow, which
will remain property of its bankruptcy estate until the fees are
approved by a final court order.

Edward Gudeman, Esq., at Gudeman & Associates, disclosed in a court
filing that his firm is "disinterested" as defined in Section
101(14) of the Bankruptcy Code.

The firm can be reached through:

     Edward J. Gudeman, Esq.
     Brian A. Rookard, Esq.
     Gudeman and Associates, P.C.  
     1026 West 11 Mile Road
     Royal Oak, MI 48067
     Telephone: 248-546-2800
     Email: ejgudeman@gudemanlaw.com

                  About Pyramid Quality Solutions
                          & Innovations

Pyramid Quality Solutions and Innovations, Inc., filed a Chapter 11
bankruptcy petition (Bankr. E.D. Mich. Case No. 18-52932) on Sept.
21, 2018, estimating less than $1 million in assets and
liabilities.  The Debtor tapped Edward J. Gudeman, Esq., at Gudeman
& Associates, P.C., as its legal counsel.


QUAD/GRAPHICS INC: Moody's Affirms Ba3 CFR, Outlook Negative
------------------------------------------------------------
Moody's Investors Service affirmed Quad/Graphics, Inc.'s Ba3
corporate family rating, Ba3-PD probability of default rating, Ba2
senior secured credit facility rating, B2 senior unsecured rating
and SGL-1 speculative grade liquidity rating (indicating very good
liquidity), and rated the company's proposed bank credit facility
Ba2. Quad's ratings outlook remains unchanged at negative. The
rating action is prompted by Quad launching a financing well in
advance of its proposed acquisition of LSC Communications, Inc.'s
(LSC; B1 stable). The acquisition transaction was announced on 31
October 2018 and the companies anticipate a mid-2019 completion,
subject to regulatory approvals and other preconditions.

"We affirmed Quad's Ba3 rating because we continue to think that
the LSC acquisition is strategically appropriate and, until the
acquisition closes, we expect Quad's leverage to remain under 3x,"
said Bill Wolfe, a Moody's senior vice president. Wolfe also
indicated despite Moody's confidence in Quad's ability to integrate
LSC and realize synergies, "The rating outlook continues to be
negative because of risks related to the company's ability to
internalize sufficient scale and operational flexibility benefits
to offset credit quality dilution stemming from LSC's higher cost,
more highly levered business."

The following summarizes Quad/Graphics, Inc.'s ratings and the
actions:

Assignments:

Senior secured Delayed Draw Term Loan A, Assigned Ba2 (LGD3)

Senior secured Term Loan B, Assigned Ba2 (LGD3)

Senior secured Revolving Credit Facility, Assigned Ba2 (LGD3)

Rating affirmations:

Corporate Family Rating, Affirmed at Ba3

Probability of Default Rating, Affirmed at Ba3-PD

Senior secured bank credit facility, Affirmed at Ba2 (LGD3)

Senior unsecured notes/debentures, Affirmed at B2 (LGD5)

Speculative Grade Liquidity Rating, Affirmed at SGL-1

Outlook Action:

Remains at Negative

Moody's views the transaction's uncertain timetable as exposing the
transaction to other matters that could disrupt Quad's plans. These
could include further deterioration in LSC's credit profile or in
the overall commercial printing market. LSC's CFR was downgraded to
B1 from Ba3 on 13 March 2018, and the company's revenues and
margins continue to deteriorate. With this creating considerable
uncertainty about how much debt the combined entity will have when
the transaction closes, and with the initial few quarters
subsequent to closing likely to feature synergy expenses being
incurred in advance of returns being realized, Wolfe also indicated
that a clear financial picture of the combined entity would only
emerge in late 2020 or early 2021.

The proposed financing is comprised of a 5-year $800 million
revolving credit facility due 2024, a 5-year $625 million
delayed-draw term loan A due 2024, and a 7-year $300 term loan B
due 2026. The facilities refinance certain of Quad's debts as well
as all of LSC's debt. Ratings are subject to confirmation of the
refinancing transaction closing on terms that are substantially
similar to those disclosed during the ratings process.

RATINGS RATIONALE

Quad's Ba3 CFR is based on management's financial conservatism and
the company's low cost position, the combination of which provides
confidence that Quad's ample FCF will be used to reduce debt,
thereby maintaining leverage of debt/EBITDA at 2.5x-3.0x (3.0x at
30 June 2018) even as cash flow declines. Ratings challenges stem
from Quad's exposure to the commercial printing industry's secular
decline and ongoing pressure on revenues and margins, a background
prompting Quad to be acquisitive, which introduces execution risks
and potential leverage volatility. Execution risks re the pending
acquisition of LSC Communications, Inc. (LSC. B1 stable) are also
credit negative, with it being unclear whether scale and
operational flexibility benefits offset credit quality dilution
stemming from LSC's relatively higher cost, more highly levered
business. Pro forma leverage deteriorates by about 0.4x while
margins decline by nearly 180 basis points (excluding transaction
expenses, synergies and their implementation costs).

Quad SGL-1 speculative grade liquidity rating is based on the
company's stand-alone ability to generate some $275 million of free
cash flow over the next four quarters. Together with $6 million of
cash (Sept3018) and nearly $590 million of availability under its
$725 million revolving credit facility due January 2021, the
company has some $875 million of liquidity and has no significant
debt maturities over the next year.

Rating Outlook

The negative outlook reflects execution risks related to the
company's ability to internalize sufficient scale and operational
flexibility benefits to offset credit quality dilution stemming
from the pending LSC acquisition.

What Could Change the Rating -- Up

Leverage of debt/EBITDA sustained below ~2.5x (3.0x at 30 June 18);
along with Maintenance of solid liquidity arrangements; and Solid
operating fundamentals with positive organic growth and no worse
than stable margins.

What Could Change the Rating -- Down

Leverage of debt/EBITDA sustained near or above 3.25x (3.0x at June
30 18); or if Industry fundamentals deteriorated further, evidenced
by, for example, either margin compression or accelerating revenue
declines, or if Quad completed a significant debt-financed
acquisition or experienced significant adverse liquidity
developments.

The principal methodology used in these ratings was Media Industry
published in June 2017.

Headquartered in Sussex, Wisconsin, Quad/Graphics, Inc. (Quad) is a
publicly-traded leading North American commercial printing company.
Annual revenues are $4.2 billion with 90% from US operations, 5%
from South America and 4% from Europe.

Headquartered in Chicago, Illinois, LSC Communications, Inc. (LSC),
is a retail/advertising-centric print/publishing services and
office products company with annual sales of $3.9 billion.


REGDALIN PROPERTIES: Trustee Seeks to Hire Dinsmore as Counsel
--------------------------------------------------------------
R. Todd Neilson, Chapter 11 trustee for Regdalin Properties LLC,
seeks approval from the U.S. Bankruptcy Court for the Central
District of California to hire Dinsmore & Shohl LLP as his legal
counsel.

The firm will assist the trustee in investigating the Debtor's
financial affairs; prosecute actions to protect or recover the
Debtor's assets; represent the trustee in any potential sale of
those assets; and provide other legal services related to the
Debtor's Chapter 11 case.

Dinsmore will charge these hourly fees:

     Peter Mastan              Partner              $525
     Mikel Bistrow             Partner              $670
     Christopher Celentino     Partner              $640
     Travis Terry              Paraprofessional     $200
     Caron Burke               Paraprofessional     $200

Dinsmore is "disinterested" as defined in Section 101(14) of the
Bankruptcy Code, according to court filings.

The firm can be reached through:

     Peter J. Mastan, Esq.
     Christopher Celentino, Esq.
     Mikel R. Bistrow, Esq.
     Dinsmore & Shohl LLP
     550 S. Hope Street, Suite 1765
     Los Angeles, CA 90071
     Phone: (213) 335-7737 / (213) 335-7738
     Fax: (213) 335-7740
     E-mail: peter.mastan@dinsmore.com
     E-mail: christopher.celentino@dinsmore.com
     E-mail: mikel.bistrow@dinsmore.com

                    About Regdalin Properties

Regdalin Properties, LLC, filed a Chapter 11 petition (Bankr. C.D.
Cal. Case No. 18-20868) on Sept. 17, 2018, and was represented by
Henrik Mosesi, Esq., in Glendale, California.  In the petition
signed by Edgar Sargysyan, managing member, the Debtor estimated
$10 million to $50 million in assets and liabilities.  

R. Todd Neilson was appointed as the Debtor's Chapter 11 trustee on
Nov. 1, 2018.  The Trustee retained Dinsmore & Shohl LLP as his
legal counsel.


RITCHIE BROS: S&P Alters Outlook to Positive & Affirms 'BB' ICR
---------------------------------------------------------------
Burnaby, B.C.-based Ritchie Bros. Auctioneers Inc. (RBA) is on
track to generate stronger-than-expected credit measures in the
next two years, following earnings strength and debt repayment.

As a result, S&P revised its outlook on the company to positive
from stable and affirmed its 'BB' long-term issuer credit rating on
RBA.

S&P said, "We also raised our issue-level rating on the company's
US$500 million unsecured notes to 'BB' from 'BB-' and revised our
recovery rating on the debt to '4' from '5', due in part to the
repayment of secured debt and the downsizing of RBA's revolver
earlier this year. Our secured issue-level ratings on the company
are unchanged." The positive outlook reflects the increased
likelihood of an upgrade in the next 12 months if RBA can generate
and sustain adjusted debt-to-EBITDA below 2x and adjusted
discretionary cash flow-to-debt above 10%.

The outlook revision reflects the improvement in Ritchie Bros.
Auctioneers Inc.'s (RBA) operating results and debt reduction
through 2018 that exceeded S&P Global Ratings' expectations. S&P
said, "We now estimate adjusted debt-to-EBITDA trending toward 2x
in 2018, about 0.5x below our previous forecasts. We also expect an
increase in the company's discretionary cash flow (DCF) generation
in 2019 that could facilitate further deleveraging and potentially
lead us to raise the issuer credit rating."

S&P said, "The improvement in RBA's earnings and cash flow this
year mainly reflected strong agency proceeds and cost control, and
we expect this to persist in 2019. These factors more than offset
the impact of robust equipment demand that has led to high
utilization and extended lead times for new equipment from original
equipment manufacturers. We assume the current supply tightness
will gradually ease over the next couple of years. In turn, this
should contribute to increased volume of used equipment sales in
North America, a key driver of auction-derived revenue growth for
the company. Improving industry conditions and sales productivity
in RBA's U.S. operations following the integration of Iron Planet
underpin our 2%-3% annual organic revenue growth forecast for RBA
beyond 2018."

RBA demonstrated favorable operating efficiency from
stronger-than-expected year-to-date growth in agency proceeds. S&P
believes this outperformance stemmed from RBA's ability to offset
an organic decline in gross transaction value with higher
commission fees and other services (the auctions and marketplaces
agency proceeds rate was up to 13.9% in third-quarter 2018 from
12.8% in third-quarter 2017). It also reflects the benefits of the
company's operating leverage and good selling, general, and
administrative management, which contributed to margins that are
trending about in line with S&P's previous forecast.

The positive outlook reflects the increased likelihood of an
upgrade in the next 12 months if RBA's credit metrics continue to
improve supported by positive organic growth in earnings and free
operating cash flow (FOCF).

S&P said, "We could revise the outlook to stable within the next 12
months if credit measures deteriorate from our current forecast,
such that we expect adjusted debt-to-EBITDA to remain above 2x.
This situation could occur if the company's profitability metrics
deteriorate from higher-than-expected operating costs or top line
pressure from weak macroeconomic conditions. This could also occur
if we expect RBA to deploy its DCF to repurchase shares or make
acquisitions.

"We could upgrade the company if RBA achieves adjusted
debt-to-EBITDA below 2x and DCF-to-debt above 10%. In this
scenario, we would also expect RBA to sustain credit measures at
these levels supported by our view that its financial policies have
become more conservative and solid prospects for organic growth in
earnings and FOCF."



RIVARD COMPANIES: U.S. Trustee Forms 3-Member Committee
-------------------------------------------------------
The U.S. Trustee for Region 12 on Dec. 4 appointed three creditors
to serve on the official committee of unsecured creditors in the
Chapter 11 case of Rivard Companies, Inc.

The committee members are:

     (1) Fleetwoods       
         16430 Highway 65 NE
         Ham Lake, MN 55304            
         Contact Person: Mark Larson  
         Phone: (651) 636-9883

     (2) Precision Landscape & Tree, Inc.       
         7993 140th Street North          
         Hugo, MN 55038
         Contact Person: Cory Groholski   
         Phone: (651) 484-2726

     (3) Precision Cedar Products. Corp       
         601 17665 66A Ave.
         Surrey, BC V35 2A7
         Contact Person: Rick Middleton  
         Phone: (604) 576-0336

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 Rivard Companies

Rivard Companies, Inc., was established in 1989 as a tree removal
and trimming services provider.  In 2003, Central Wood Products was
founded to sell a wide selection of natural, colored, and imported
mulch. Later in 2008, the Company grew with the introduction of
Gronomics, a line of wood products geared toward the home
gardeners.

Rivard Companies, Inc., sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. D. Minn. Case No. 18-43603) on Nov.
16, 2018.  In the petition signed by CEO Michael Rivard, the Debtor
estimated up to $50,000 in assets and $1 million to $10 million in
liabilities.  The case is assigned to Judge William J. Fisher.
Steven B. Nosek, Esq., at Steven B. Nosek, P.A., is the Debtor's
counsel.


ROAD INFRASTRUCTURE: S&P Lowers ICR to 'CCC+', Outlook Negative
---------------------------------------------------------------
On Dec. 4, 2018, S&P Global Ratings lowered its issuer credit
rating on Road Infrastructure Investment Holdings Inc. to 'CCC+'
from 'B-', reflecting its view that leverage is unsustainable,
although it does not foresee a default over the next 12 months. The
outlook is negative.

The company's gross margins weakened in the first half of 2018,
following 2017 when they were already depressed relative to
historical levels. The weakness is primarily attributed to higher
raw material costs, leading to credit measures that S&P views as
unsustainable and tight covenants, which weakened the company's
liquidity position.

S&P said, "The recovery rating on first-lien debt remains '2', and
we are lowering the issue-level rating to 'B-' from 'B'. The
recovery rating on second-lien debt remains '6', and we are
lowering the issue-level rating to 'CCC-' from 'CCC'. The lower
issue-level ratings reflect the lower issuer credit rating.

"The negative outlook reflects the company's very tight covenants
and our expectation that leverage will remain unsustainable. The
downgrade of Road Infrastructure reflects weakness in gross margins
over the past several quarters, which led to credit measures
falling below our expectations and to unsustainable levels." The
company has dealt with a variety of issues that weakened gross
margins. In 2017, raw material costs increased due to multiple
supplier force majeure events in the first half and in August due
to Hurricane Harvey. In the first half of 2018, raw material prices
remained elevated due to a rising commodity price environment,
including persistent titanium dioxide (Ti02) inflation. The company
has not yet fully passed these cost increases to customers, which
weakens gross margins. Due to these challenges, weighted-average
debt to EBITDA increased to over 10x. In addition, the company's
revolving credit facility is subject to a first-lien net leverage
covenant of 7x. Cushion was less than 5% as of the second quarter
of 2018. S&P expects improved results in 2019 due to price
increases and volume gains, which should improve the company's
liquidity position and covenant cushion.

S&P said, "The negative outlook reflects Road Infrastructure's very
tight covenants and EBITDA and credit measures moderately below our
expectations over the past several quarters. In our base-case
scenario, we expect modest improvement in operating performance
over the next 12 months. We expect volume growth and modest
recovery in gross margins to benefit the company over the next 12
months due to fewer supply disruptions than in 2018. We view the
company's liquidity as less than adequate, due to liquidity sources
that we expect will be less than 1.2x uses, tight covenants, and
our expectation for negative free cash flow in 2018. However, the
company has no debt maturities until 2021, and we assume that
management will proactively negotiate covenant relief if needed. In
our base-case scenario, we expect the company to remain highly
leveraged, with weighted-average debt to EBITDA above 10x
(including the company's PIK note as debt).

"We could lower the rating to 'CCC' or lower if continued weakness
in EBITDA margins leads to a material deficit in liquidity over the
next 12 months. This could occur due to elevated raw material costs
and challenges or delays in passing those costs through to
customers. Such a scenario could lead to continued weakness in
credit measures and increase the risk of breaching Road
Infrastructure's first-lien net leverage covenant, which would
restrict access to the revolver. Such a scenario would limit the
company's ability to fund operations through its seasonal working
capital peak, which typically occurs in late spring.

"We could revise the outlook to stable over the next 12 months if
adjusted debt to EBITDA improves to below 10x. This could happen if
EBITDA margins are 200 basis points (bps) stronger than our base
case. In such a scenario, we believe the company would increase
prices to pass higher raw material costs to customers or raw
material costs would decline due to a lower than expected commodity
price environment. These conditions would benefit free cash flow
and improve the company's ability to sustainably pay down debt."


ROSEGARDEN HEALTH: Trustee Selling 2012 Lexus 350RX SUV for $18K
----------------------------------------------------------------
Jon Newton, the duly appointed Chapter 11 Trustee for the jointly
administered estates of The Rosegarden Health and Rehabilitation
Center, LLC and Bridgeport Health Care Center, Inc., asks the U.S.
Bankruptcy Court for the District of Connecticut to authorize his
private sale of a 2012 Lexus 350RX Sport Utility vehicle to Norma
Loren for $18,000, cash.

Prior to the Filing Date, Bridgeport Health purchased the Vehicle.
The Vehicle has been used, and is currently being used, by the
Purchaser.  The Purchaser was a member of the Board of Directors
for Bridgeport Health.

With the appointment of the Trustee, the Purchaser no longer
participates in any of the decision making processes for the
Debtors.  Nor does the Trustee have any need for the Vehicle.
Recognizing, however, that the Vehicle, which is owned outright by
Bridgeport Health without any encumbrances, has value, the Trustee
began discussions with the Purchaser about buying the Vehicle.  

Negotiations ensued, primarily relating to the Kelley Blue Book
value of the Vehicle, including its mileage (approximately 30,000)
and condition (good).  The negotiations proved successful as the
parties agreed upon a purchase price of $18,000.  The Purchase
Price is in the range of the listed, Kelley Blue Book trade-in
value of a very similar vehicle (that is, between $17,200 and
$18,967).  The Purchaser will pay the Purchase Price in cash, in
full, promptly following Court approval and upon the transfer of
good title.

The Trustee submits that a private sale of the Vehicle is
appropriate.  He believes that he is maximizing value by a private
sale given the reasonable Purchase Price offered by the Purchaser
and the costs and delays of pursuing the alternative of a public
auction.

By the Motion, the Trustee asks an order of the Court authorizing
him to sell, assign, transfer, convey and deliver the Vehicle, by a
private sale, to the Purchaser for the Purchase Price.  He believes
he is acting with sound business judgment in selling the Vehicle to
the Purchaser for the Purchase Price and that such transaction is
in the best interests of Bridgeport Health and its estate.

Finally, the Trustee asks the Court to waive the 14-day stay under
Bankruptcy Rule 6004(h) and that any order approving the Motion be
effective immediately.

                 About The Rosegarden Health and
                    Rehabilitation Center LLC

Located in Waterbury, Connecticut, Bridgeport Health Care Center
and The Rosegarden Health and Rehabilitation Center LLC --
http://www.bridgeporthealthcarecenter.com/-- provide long and
short-term nursing care and rehabilitation services.  Bridgeport
offers nursing care, Alzheimer's care, rehab/physical therapy,
wound care, dietary, respite care, and hospice care.  Rosegarden
services include 24-hour nursing care, APRN on Staff,
short-term/long-term rehab, physical therapy, speech therapy,
occupational therapy, IV therapy/medical/incontinence management,
CPAP/BIPAP/tracheotomy care, podiatry; dental, audiology services,
respiratory care, among others.

Bridgeport Health Care and Rosegarden sought Chapter 11 protection
(Bankr. D. Conn. Case Nos. 18-50488 and 18-30623, respectively) on
April 18, 2018.  In the petitions signed by their chief financial
officer, Chaim Stern, Bridgeport estimated assets and liabilities
of less than $50 million, and Rosegarden Health estimated assets
and liabilities of less than $10 million.

The Hon. Julie A. Manning is the case judge.  

Richard L. Campbell, Esq., at White and Williams LLP, serves as the
Debtors' counsel.

William K. Harrington, the United States Trustee for Region 2,
appointed Joseph J. Tomaino as patient care ombudsman in the cases.
The PCO hired Barbara H. Katz, as counsel.

Jon Newton was appointed Chapter 11 trustee for the Debtors.  The
Trustee is represented by Reid and Riege, P.C.


SAFE HAVEN HEALTH: Lifeways Buying Boise Property for $600K
-----------------------------------------------------------
Safe Haven Health Care, Inc., asks the U.S. Bankruptcy Court for
the District of Idaho to authorize the sale of the property related
to its administration and operation of the psychiatric hospital
located at 8050 West Northview Street, Boise, Idaho to Lifeways,
Inc., for $600,000, subject to overbid.

The objection deadline is Dec. 17, 2018.

The property consists of (i) equipment, tools, furniture and
fixtures used in the Practice, including, without limitations, the
assets listed on Exhibit A; (ii) supply and drug inventory used in
the Practice; (iii) all leasehold improvements related to the
Practice; (iv) all patient records and mailing lists related to the
Practice; and (v) the Debtor's goodwill and phone number related to
the Practice.

The sale will be a public auction commencing on Dec. 18, 2018, at
10:00 a.m. (MT), to be held at the Debtor's counsel's office
located at 199 N. Capitol Blvd., Suite 200, Boise, Idaho.

The Property will be sold to the highest bidder for not less than a
gross purchase price of $600,000.  The Debtor has received and
accepted from the Buyer, subject to higher bids and Court approval,
an offer of $600,000 for the purchase of the Property.  The parties
have entered into their Purchase Agreement.

The Debtor believes the fair market value of the Property is
approximately equal to the sale price.  It is not aware of any
connection between the Buyer and the Debtor, other than through
negotiations of the sale.  The closing will be held at the
convenience of the parties or as soon after Court approval as
possible.  The proposed Agreement contemplates a Closing Date
within 15 days of Court approval of the sale.

The opening bid price will be the Buyers' bid of $600,000. Any
competing overbids will start at $605,000.  The minimum bid
increments will be $5,000.  The Bidders may bid in increments of
more than $5,000 if desired.  To participate in the auction, an
overbidder must submit to the Debtor, at least prior to the start
of the auction, certified funds in the amount of $15,000, payable
to "Safe Haven Health Care, Inc."  Should the overbidder be the
winning bidder, these funds will be retained by the Debtor as a
nonrefundable deposit for application against the purchase price at
the closing, or returned to the overbidder if the Court does not
approve the sale.  The certified funds of unsuccessful bidders will
be refunded to those parties after the auction.

The Property is to be sold free and clear of all liens and
encumbrances with all liens (if any) to attach to the sale
proceeds.  The Debtor intends to market the Property prior to the
Sale.  Additionally, it intends to employ a marketing professional,
who will be compensated in the event a higher bid is approved and
closed.  The Debtor anticipates that marketing professional will
only be compensated based on the amount of the higher bid.  In the
event of existing liens on the Property that are not paid by the
sale proceeds, the liens are not being paid, as any such interests
in the Property are subject to a bona fide dispute and will only be
paid if later proved valid.

The Property appears to be currently encumbered by UCC filings.
However, the Debtor disputes certain security interests allegedly
encumbering the Property, and asks approval of the sale.

The specific interests which appear to allegedly encumber the
Property (together with the basis for the Debtor's objection, or an
indication that the creditor will be paid from closing proceeds)
are:

     a. Zions Bank, N.A., UCC No. 2013-11307115 - $300,000

     b. Bank of Idaho, UCC No. 2014-11490288 - Unknown

     c. Corporation Service Co., UCC No. 2015-11658497 - $35,000

     d. SBA, UCC No. 2015-11681772 - Unknown

     e. CCF Leasing, UCC No. 2016-11739417 - Unknown

     f. Eastern Idaho Development Corp., UCC No. 2017-11904345 -
$51,000

     g. Corporation Service Co., UCC No. 2017-11908950 - Unknown

     h. Corporation Service Co., UCC No. 2017-011946932 - Unknown

     i. Corporation Service Co., UCC No. 2018-12116565 - Unknown

     j. SBA, UCC No. 2018-12142029 - Unknown

     k. Empire Funding, UCC No. 2018-1217916 - $62,500

The Debtor believes the purchase price is approximate to the fair
market value of the property, based upon its discussion with
interested parties and current market conditions in the Treasure
Valley.

The property will be sold "as is, where is," and without warranty
of any nature whatsoever, either expressed or implied.

The Debtor asks that approval of the sale be effective immediately
and the 14-day stay imposed by Fed. R. Bankr. P 6004(h) and other
rules be waived.

A copy of the Agreement and the Exhibit A attached to the Motion is
available for free at:

   http://bankrupt.com/misc/Safe_Haven_110_Sales.pdf

                   About Safe Haven Health Care

Safe Haven Health Care, Inc. -- http://www.safehavenhealthcare.org/
-- provides both in-patient and out-patient psychiatric, skilled
nursing and assisted living services.  The Company has facilities
throughout southwestern, central and eastern Idaho.  Safe Haven is
a division of CareFix, Inc.

Safe Haven Health Care filed a Chapter 11 petition (Bankr. D. Idaho
Case No. 18-01044) on Aug. 10, 2018.  In the petition signed by
Scott Burpee, president, the Debtor disclosed $10,234,818 in assets
and $17,313,444 in liabilities.  The case is assigned to Judge Jim
D. Pappas.  Angstman Johnson, led by Matthew Todd Christensen, is
the Debtor's counsel.


SALT VERDE: Moody's Lowers Subordinated Gas Bonds to Ba3
--------------------------------------------------------
Moody's Investors Service has downgraded to Ba3 from Ba1 the
long-term rating of Salt Verde Financial Corporation, AZ
Subordinate Gas Revenue Bonds, Series 2007. The downgrade is due to
the downgrade to Ba3 of MBIA Inc. senior unsecured rating on
January 17, 2018.

FACTORS THAT COULD LEAD TO AN UPGRADE

Upgrade of MBIA, Inc..

FACTORS THAT COULD LEAD TO A DOWNGRADE

Downgrade of MBIA, Inc..

RATINGS RATIONALE

The rating on the Subordinate Lien Bonds takes into account the
following factors; (i) the credit quality of Citigroup Inc. (Baa1
under review for upgrade) as guarantor under the gas purchase
agreement, (ii) the credit quality of Royal Bank of Canada
(Aa2(cr)) as guarantor under the commodity swap, (iii) the credit
quality of Salt River Agricultural Improvement & Power District, AZ
(Aa1) as the sole participant in the transaction, (iv) the credit
quality of American General Life Insurance Company (A2) as provider
of a guaranteed investment agreement for the debt service fund and
(v) the credit quality of MBIA Inc. (Ba3) as provider of a
guaranteed investment agreement for the debt service reserve fund.


If there is any loss or use of funds from the debt service reserve
fund, there could be insufficient funds to pay the Subordinate Lien
bondholders. Therefore the MBIA Inc. investment agreement in which
the Senior Lien Bond debt service reserve fund is invested is a
rating factor for the Subordinate Lien Bonds.


SEARS HOLDINGS: Lampert's ESL Bids $4.6-Bil. to Save Retailer
-------------------------------------------------------------
Sears Holdings Corp (SHLDQ.PK) Chairman Eddie Lampert's ESL
Partners LP has made an offer valued at $4.6 billion to buy the
iconic U.S. retailer, one of the only options that would prevent
the department store chain from liquidating.

The hedge fund founded by Mr. Lampert said in a regulatory filing
Dec. 5, 2018, that ESL, through a newly formed company, Newco, will
acquire substantially all of the go-forward retail footprint and
other assets and component businesses of Sears.

The offer calls for about 500 Sears stores to remain open.

The proposal is to acquire substantially all of the assets of the
debtors in the Chapter 11 cases pursuant to a sale under Section
363 of the Bankruptcy Code, as well as substantially all of the
assets of non-debtors, KCD IP, LLC, SRC O.P., LLC, SRC Facilities
LLC and SRC Real Estate (TX), LLC.

The $4.6 billion total purchase price is comprised of:

   * up to $950 million in cash,

   * a credit bid of about $1.8 billion,

   * $500 million in Newco notes, cash, and/or waiver or assignment
of deficiency claims,

   * a rollover of about $271 million in cash collateral from the
LC Facility, and

   * about $1.1 billion in assumed liabilities like gift cards and
Sears' Shop Your Way loyalty program.

The proposal expects the company to keep 50,000 of Sears' 68,000
employees.  The severance program in place prior to Sears'
bankruptcy filing will be reinstated, ESL also said.

Lampert's offer itself will not ensure Sears' survival.  ESL needs
support from Sears' creditors and approval from the bankruptcy
court to proceed with the offer.

The Company's unsecured creditors have previously said they would
prefer that Sears liquidate rather than sell to ESL, believing it
is more valuable in pieces than as a company under ESL's
ownership.

A copy of ESL's regulatory filing, including a list of 500 stores
that will remain open, is available at https://is.gd/dWRNys

                      About Sears Holdings

Sears Holdings Corporation (NASDAQ: SHLD) --
http://www.searsholdings.com/-- began as a mail ordering catalog
company in 1887 and became the world's largest retailer in the
1960s.  At its peak, Sears was present in almost every big mall
across the U.S., and sold everything from toys and auto parts to
mail-order homes.  Sears claims to be is a market leader in the
appliance, tool, lawn and garden, fitness equipment, and automotive
repair and maintenance retail sectors.

Sears and Kmart merged to form Sears Holdings in 2005 when they had
3,500 US stores between them.  Kmart emerged in 2005 from its own
bankruptcy.

Unable to keep up with online stores and other brick-and-mortar
retailers, a long series of store closings has left it with 687
retail stores in 49 states, Guam, Puerto Rico, and the U.S. Virgin
Islands as of mid-October 2018.  The Company employs 68,000
individuals, of whom 32,000 are full-time employees.

As of Aug. 4, 2018, Sears Holdings had $6.93 billion in total
assets, $11.33 billion in total liabilities and a total deficit of
$4.40 billion.

Unable to cover a $134 million debt payment due Oct. 15, 2018,
Sears Holdings Corporation and 49 subsidiaries sought Chapter 11
protection (Bankr. S.D.N.Y. Lead Case No. 18-23538) on Oct. 15,
2018.

The Hon. Robert D. Drain is the case judge.

Weil, Gotshal & Manges LLP is serving as legal counsel, M-III
Partners is serving as restructuring advisor and Lazard Freres &
Co. LLC is serving as investment banker to Holdings.  DLA Piper LLP
is the real estate advisor.  Prime Clerk is the claims and noticing
agent.


SENIOR CARE CENTERS: Texas' Top Nursing Operator in Chapter 11
--------------------------------------------------------------
Senior Care Centers, LLC, Texas' largest nursing home operator,
sent more than 100 facilities in Texas and Louisiana, which have
nearly 10,000 residents and almost 11,000 employees, to Chapter 11
bankruptcy.

Senior Care Centers said the filing is part of a plan to strengthen
the Company's financial footing while allowing it without
interruption to continue providing comprehensive care and support
to its nearly 10,000 patients and residents.

The Company has not indicated which facilities will be closing or
will be sold to a new operator.

According to the company statement, the goal of the Chapter 11
filing is to best position each of the Company's more than 100
skilled nursing and senior living communities to continue caring
for residents while the Company works to transition certain
communities to new operators.  The Company is currently evaluating
each of the communities and working with the individual landlords
to determine the best path forward for each location.  All
communities are expected to continue serving the residents with
high-level care, no matter who the operator is.

"All of the actions we are announcing today have one clear and
overriding goal to ensure every single one of our patients and
residents continue to receive safe and comfortable care now and in
the future," said Michael Beal, Chief Operating Officer.

"This plan allows us to address certain financial issues while
continuing to provide the critical care and support on which our
residents rely while we work to transition certain communities to
new operators."

The Chapter 11 filing allows the Company to address its burdensome
debt levels and expensive leases, thereby improving the financial
resources available for the communities.

All facilities are expected to continue to run without
interruption.  The Chapter 11 filing has absolutely no impact on
patients and residents or the care they receive, according to the
Company.  All facilities will continue to operate under all
applicable laws and guidelines and the Company is already working
with the appropriate government agencies to ensure  a smooth and
proper transition.

"After careful analysis, we determined that the protections
afforded by the Chapter 11 process are the best way to address the
Company's debt and costly leases while allowing us to continue to
provide all the top-level care and support our residents deserve,"
said Kevin O'Halloran, the Company's Chief Restructuring Officer.

"All of our patients, residents and their families can rest assured
they remain our number one priority."

Senior Care Centers can and will continue paying vendors for all
goods and services provided during the Chapter 11 process.
Additionally, the Company's network of approximately 11,000
employees will continue to be paid without interruption.

Senior Care Centers, like similar companies across the country, has
faced a variety of financial challenges of late, including dealing
with significant cuts in reimbursements from government agencies
and private insurers while facing ballooning rent payments.  That
care-centered reality is a vital component of Senior Care Centers'
ongoing efforts.

"As the entire industry has seen, the leases associated with the
communities have become cost-prohibitive," Mr. Beal said.  "This
kind of action is absolutely necessary to address those costly
leases while continuing to care for our
patients and residents."

                    About Senior Care Centers

Senior Care Centers, LLC -- https://senior-care-centers.com/ -- is
a Dallas-based, skilled nursing and long-term care industry leader
in Texas and Louisiana.  Senior Care Centers operates and manages
more than 100 skilled nursing and assisted/independent living
communities in the states of Texas and Louisiana.

On Dec. 4, 2018, Senior Care Centers and 120 of its subsidiaries
filed voluntary Chapter 11 petitions (Bankr. N.D. Tex. Lead Case
NO. 18-33967).

The Debtors tapped POLSINELLI PC as bankruptcy counsel; HUNTON
ANDREWS KURTH LLP as conflicts counsel; SITRICK AND COMPANY as
communications consultant; and OMNI MANAGEMENT GROUP, INC. as
claims agent.



SENIOR CARE: LTC Not Paid for December, Wants Lease Scrapped
------------------------------------------------------------
LTC Properties, Inc., a real estate investment trust that primarily
invests in seniors housing and health care properties, learned on
Dec. 5 that Senior Care Centers, LLC, filed for Chapter 11
bankruptcy resulting from lease terminations from certain landlords
and on-going operational challenges.

Senior Care operates over 100 properties and is the largest skilled
nursing operator in Texas.  Senior Care leases 11 skilled nursing
centers located in Texas under a master lease from LTC. Annualized
rental revenue from Senior Care is approximately $15.8 million
($14.2 million on a cash basis) which represents 9.7% of LTC's
annualized revenue as of September 30, 2018.

As of this filing, LTC has not received rent for December.  As
security under the lease, LTC holds a letter of credit in the
amount of approximately $2.0 million, maintenance and repair
escrows of approximately $2.2 million and property tax escrows of
approximately $1.8 million.  LTC had previously requested a
consensual termination of the lease and now has strongly urged
Senior Care to reject LTC's lease in bankruptcy.  LTC is currently
discussing these properties with another Texas operator under
similar terms as the Senior Care lease.  Lease coverage, before
management fee, for the trailing twelve months ended June 30, 2018
was 1.61x.

                            About LTC

LTC -- http://www.LTCreit.com/-- is a real estate investment trust
that invests in seniors housing and health care properties
primarily through sale-leaseback transactions, mortgage financing
and structured finance solutions including mezzanine lending.  The
company's portfolio currently includes 199 assisted living
communities, memory care communities and post-acute/skilled nursing
centers, located in 28 states with 29 regional and national
operating partners.

                    About Senior Care Centers

Senior Care Centers, LLC -- https://senior-care-centers.com/ -- is
a Dallas-based, skilled nursing and long-term care industry leader
in Texas and Louisiana.  Senior Care Centers operates and manages
more than 100 skilled nursing and assisted/independent living
communities in the states of Texas and Louisiana.

On Dec. 4, 2018, Senior Care Centers and 120 of its subsidiaries
filed voluntary Chapter 11 petitions (Bankr. N.D. Tex. Lead Case
No. 18-33967).

The Debtors tapped POLSINELLI PC as bankruptcy counsel; HUNTON
ANDREWS KURTH LLP as conflicts counsel; NEWBRIDGE MANAGEMENT, LLC,
as the restructuring services provider; SITRICK AND COMPANY as
communications consultant; and OMNI MANAGEMENT GROUP, INC. as
claims agent.


SILVERADO STAGES: U.S. Trustee Forms 4-Member Committee
-------------------------------------------------------
The Office of the U.S. Trustee on Dec. 3 appointed four creditors
to serve on the official committee of unsecured creditors in the
Chapter 11 cases of Silverado Stages, Inc. and its affiliates.

The committee members are:

     (1) Kathy Ann Kay
         White Tie Transportation, LLC
         219 E. Surrey Ave.
         Phoenix, AZ 85022
         Email: AZKay57@gmail.com
         Phone: 602.592.8771

     (2) Edward O. Miles
         Interstate Transportation Consulting, Inc.
         P.O. Box 26453
         Salt Lake City, UT 84128
         Email: Interstatetruck@hotmail.com
         Phone: 801.972.6033

     (3) Robin Smith  
         Blue Cross Blue Shield of Arizona, Inc.
         8220 N. 23rd Avenue
         Phoenix, AZ 85021
         Email: Robin.smith@azblue.com
         Phone: 602.864.4259

     (4) Robert Fried Expedition America
         6011 Woodfern Drive
         Rancho Palos Verdes, CA 90275
         Email: Robert@eatour.com
         Phone: 310.808.7295

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 Silverado Stages

Headquartered in Phoenix, Arizona, Silverado Stages, Inc. --
https://silveradostages.com/ -- with 10 locations on the West
Coast, is a federally licensed motor carrier and operates as a
Public Stage under California DOT authority. The company is
additionally certified as a U.S. Department of Defense motor
carrier to provide transportation for the military and by the CHP
as a School Pupil Activities Bus (SPAB) operator.  

Silverado Stages was founded in 1987 and has had the most diverse
background in passenger operations.  It operates a diverse fleet of
over 300 passenger vehicles, over 60 of which are ADA compliant.
It currently operates from terminals in San Luis Obispo,
Sacramento, Santa Barbara, Torrance, San Diego, Reno, and Las
Vegas.  

Silverado Stages and seven of its affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz. Lead Case
No. 18-12203) on Oct. 5, 2018.

In the petitions signed by James Galusha, chairman, Silverado
Stages estimated $10 million to $50 million in assets and $50
million to $100 million in liabilities as of the bankruptcy
filing.

The Debtor hired Sonoran Capital Advisors, LLC, and appointed the
firm's managing director Matthew Foster as chief restructuring
officer.  Allen Barnes & Jones, PLC is the Debtor's legal counsel.


SOLEGNA PROPERTIES: Trustee Seeks to Hire Cavazos as Counsel
------------------------------------------------------------
Jeffrey Mims, Chapter 11 trustee for Solegna Properties LLC, seeks
approval from the U.S. Bankruptcy Court for the Northern District
of Texas to hire Cavazos Hendricks Poirot, PC, as its legal
counsel.

The firm will advise the trustee regarding the administration of
the Debtor's bankruptcy estate; assist the trustee regarding the
marketing and sale of the estate's property; and provide other
legal services related to the Debtor's Chapter 11 case.

The hourly fees range from $230 to $500 for attorneys and from $75
to $135 for paraprofessionals.  

Anne Elizabeth Burns, Esq., an associate at Cavazos, disclosed in a
court filing that she and her firm do not have connections with the
Debtor, the U.S. trustee and creditors.

The firm can be reached through:

     Charles B. Hendricks, Esq.
     Anne Elizabeth Burns, Esq.
     Cavazos Hendricks Poirot, PC
     Suite 570, Founders Square
     900 Jackson Street
     Dallas, TX 75202
     Phone: (214) 573-7343
     Fax: (214) 573-7399
     Email: aburns@chfirm.com

                   About Solegna Properties

Solegna Properties LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Texas Case No. 18-31218) on April 3,
2018.  At the time of the filing, the Debtor estimated assets of
less than $500,000 and liabilities of less than $100,000.  

Judge Stacey G Jernigan is the case judge.  

Eric A. Liepins, P.C., is the Debtor's bankruptcy counsel.  

Jeffrey H. Mims was appointed Chapter 11 trustee for the Debtor.


SOUTH CAROLINA JEDA: Moody's Rates $26.29MM Education Bonds Ba1
---------------------------------------------------------------
Moody's Investors Service has assigned an initial Ba1 rating with a
stable outlook to South Carolina Jobs-Economic Development
Authority's (SC JEDA) $26.29 million Educational Facilities Revenue
Bonds , Series 2018A and $285,000 Educational Facilities Revenue
Bonds, Series 2018B.

RATINGS RATIONALE

The Ba1 rating reflects High Point's adequate cash reserves, which
are expected to be maintained at roughly 100 days' cash on hand and
current debt service coverage of roughly 1.3x. The Ba1 rating also
incorporates the school's increasing debt service requirements in
the near term, and the fact that material enrollment growth is
necessary to support projected coverage levels of 1.3x during the
forecast period. The rating additionally speaks to some weakness in
the school's competitive profile, including academic test scores
that somewhat underperform the public school district.

The Ba1 rating also incorporates the strength of the school's new
management team and Board, the relative attractiveness of the
school's facilities, and the school's ability to ramp up enrollment
quickly since its open in 2014.

RATING OUTLOOK

The stable outlook reflects its expectation of consistent financial
performance in the near term. Modest enrollment growth will be
required to maintain financial stability given an increasing debt
service schedule.

FACTORS THAT COULD LEAD TO AN UPGRADE

  - Material increase in cash reserves and the ability to
outperform current debt service projections as debt service
increases through 2024

FACTORS THAT COULD LEAD TO A DOWNGRADE

  - Inability to meet debt service covenants

  - Material draws on cash reserves

  - Inability to increase enrollment to levels necessary for
financial stability

  - Structurally imbalanced operations

  - Any material negative change to the current charter contract or
the inability to renew the charter contract in 2024

LEGAL SECURITY

The Series 2018A & 2018B bonds are payable from amounts held by the
Trustee under the Indenture, including Loan Payments to be made by
the Borrower (High Point Academy) under the Loan Agreement. The
2018 bonds will be additionally secured by a mortgage, assignment
of lease, and pledge of certain funds held under the indenture.

USE OF PROCEEDS

The Series 2018A & 2018B debt issuance of $26.97 million will
provide for a $19.67 million purchase price of the land and
building structure that the school currently occupies, and will
replace the school's existing developer loan in full. Bond proceeds
will also fund a debt service reserve, equal to maximum annual debt
service, and will provide for new money proceeds of roughly $4.5
million to fund some renovations and improvements to the existing
school building.

PROFILE

High Point Academy is a public charter school located in
Spartanburg County, South Carolina (Aa2 stable). It is authorized
by the State Charter School District of South Carolina. The school
serves roughly 1,225 students in grades K-12 as of the 2017-18
school year. Current enrollment is 1,257 as of the start of the
2018 school year.


STEPHANIE N. MAPP: May Use Cash Collateral on Interim Basis
-----------------------------------------------------------
The Hon. Paul M. Glenn of the U.S. Bankruptcy Court for the Middle
District of Florida authorized Stephanie N. Mapp, D.M.D., P.A. to
use cash collateral subject to the conditions set forth in the
Interim Order until further order of the Court.

The Debtor is authorized to use cash collateral to pay: (a) amounts
expressly authorized by this Court, including payments to the
United States Trustee for quarterly fees; (b) the current and
necessary expenses set forth in the budget, plus an amount not to
exceed 10% for each line item; and (c) such additional amounts as
may be expressly approved in writing by Fidelity Bank.

The Court will hold a final hearing on the Cash Collateral Motion
on December 12, 2018 at 2:45 p.m.

Each Secured Creditor with a security interest in cash collateral
will have a perfected post-petition lien against cash collateral to
the same extent and with the same validity and priority as the
prepetition lien, without the need to file or execute any document
as may otherwise be required under applicable non-bankruptcy law.

In addition, the Debtor has agreed to pay Fidelity Bank interest
only payments in the amount of $1,200.43, which will be due on the
first of every month.

During the interim period, the Debtor will (a) maintain insurance
coverage for its property in accordance with the obligations under
the loan and security documents with Fidelity Bank, and (b) grant
Fidelity Bank access to the Debtor's business records and premises
for inspection.

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

             http://bankrupt.com/misc/flmb18-03612-24.pdf

                    About Stephanie N. Mapp

Stephanie N. Mapp, D.M.D., P.A., a dental practice located in
Fleming Island, Florida, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 18-bk-03612) on Oct. 15,
2018.  At the time of the filing, the Debtor estimated assets of
less than $500,000 and liabilities of less than $1 million.  Judge
Paul M. Glenn presides over the case.  The Debtor tapped The Law
Offices of Jason A. Burgess, LLC, as its legal counsel.


STEPHANIE N. MAPP: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Stephanie N. Mapp, D.M.D., P.A. as of Dec.
3, according to a court docket.

                    About Stephanie N. Mapp

Stephanie N. Mapp, D.M.D., P.A., a dental practice located in
Fleming Island, Florida, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 18-bk-03612) on Oct. 15,
2018.  At the time of the filing, the Debtor estimated assets of
less than $500,000 and liabilities of less than $1 million.  Judge
Paul M. Glenn presides over the case.  The Debtor tapped The Law
Offices of Jason A. Burgess, LLC, as its legal counsel.


STONEGATE LANDING: Seeks to Hire Parker & Associates as Counsel
---------------------------------------------------------------
Stonegate Landing LLC seeks approval from the U.S. Bankruptcy Court
for the District of Massachusetts to hire Parker & Associates as
its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; represent the Debtor in the negotiation of
financing agreements and related transactions; assist in any
potential disposition of its properties; review claims of
creditors; assist in the preparation of a plan of reorganization;
and provide other legal services related to its Chapter 11 case.

P&A will seek compensation based upon its normal and usual hourly
billing rates, and will seek reimbursement of expenses.

The firm does not represent any interest adverse to the Debtor,
according to court filings.

Parker & Associates can be reached through:

     Nina M. Parker, Esq.
     Parker & Associates
     10 Converse Place Suite 201
     Winchester, MA 01890
     Tel: 781-218-3487 / 866-551-7856
     Fax: 781-729-0187

                    About Stonegate Landing

Stonegate Landing LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Mass. Case No. 18-14383) on Nov. 27,
2018.  At the time of the filing, the Debtor estimated assets of
less than $1 million and liabilities of less than $1 million.
Judge Melvin S. Hoffman is the case judge.  Parker & Associates is
the Debtor's legal counsel.


STONEMOR PARTNERS: Grant Thornton Replaces Deloitte as Accountants
------------------------------------------------------------------
The Audit Committee of the Board of Directors of StoneMor GP LLC,
the general partner of StoneMor Partners L.P., has approved the
engagement of Grant Thornton LLP as the Partnership's independent
registered public accounting firm for the fiscal year ending Dec.
31, 2018, effective Nov. 29, 2018.  On the same day, the Committee
dismissed Deloitte & Touche LLP as the Partnership's independent
registered public accounting firm, effective immediately.

The Company said that in the fiscal years ended Dec. 31, 2016 and
2017 and in the subsequent interim period through Nov. 29, 2018,
there were no (a) "disagreements" between the Partnership and
Deloitte on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure.

The audit reports of Deloitte on the Partnership's consolidated
financial statements for each of the two most recent fiscal years
ended Dec. 31, 2016 and 2017 did not contain an adverse opinion or
a disclaimer of opinion and were not qualified or modified as to
uncertainty, audit scope or accounting principles, except which
audit report for the fiscal year ended Dec. 31, 2016 included an
explanatory paragraph relating to the restatement of the 2015 and
2014 consolidated financial statements.  The audit reports of
Deloitte on the effectiveness of the Partnership's internal control
over financial reporting as of Dec. 31, 2016 and 2017 were not
qualified or modified as to uncertainty, audit scope or accounting
principles but did express an adverse opinion on the Partnership's
internal control over financial reporting because of material
weaknesses in internal control over financial reporting as of Dec.
31, 2016 and 2017.  As disclosed in the Partnership's Annual Report
on Form 10-K for the fiscal year ended Dec. 31, 2016 and Annual
Report on Form 10-K for the fiscal year ended Dec. 31, 2017, the
Partnership and Deloitte each concluded that the Partnership's
internal control over financial reporting was not effective as of
Dec. 31, 2016 and 2017 due to the existence of material weaknesses
in the Partnership's internal control over financial reporting
related to (a) control environment, control activities and
monitoring, (b) establishment and review of certain accounting
policies, (c) reconciliation of certain general ledger accounts to
supporting details, (d) accurate and timely relief of deferred
revenues and corresponding recognition of income statement impacts
and (e) review of financial statement disclosures.

The Committee did discuss with Deloitte its conclusions regarding
the Partnership's failure to maintain effective internal controls
over financial reporting as of Dec. 31, 2016 and 2017.

StoneMor said that during the fiscal years ended Dec. 31, 2016 and
2017 and the subsequent interim period through Nov. 29, 2018,
neither the Partnership nor anyone on its behalf consulted with
Grant Thornton.

                       About StoneMor Partners

StoneMor Partners L.P., headquartered in Trevose, Pennsylvania --
http://www.stonemor.com/-- is an owner and operator of cemeteries
and funeral homes in the United States, with 322 cemeteries and 91
funeral homes in 27 states and Puerto Rico.  StoneMor's cemetery
products and services, which are sold on both a pre-need (before
death) and at-need (at death) basis, include: burial lots, lawn and
mausoleum crypts, burial vaults, caskets, memorials, and all
services which provide for the installation of this merchandise.

Stonemor reported a net loss of $75.15 million on $338.2 million of
total revenues for the year ended Dec. 31, 2017, compared to a net
loss of $30.48 million on $326.2 million of total revenues for the
year ended Dec. 31, 2016.  As of Dec. 31, 2017, Stonemor had $1.75
billion in total assets, $1.66 billion in total liabilities and
$91.69 million in total partners' capital.

                           *    *    *

As reported by the TCR on July 10, 2018, Moody's Investors Service
downgraded Stonemor Partners L.P.'s Corporate Family rating to
'Caa1' from 'B3'.  The Caa1 CFR reflects Moody's expectation for
breakeven to modestly negative free cash flow (before
distributions), ongoing delays in filing financial statements and
Stonemor's significant reliance on its revolving credit facility
for liquidity in 2018.

In April 2018, S&P Global Ratings affirmed its 'CCC+' corporate
credit rating on StoneMor Partners L.P.  S&P said, "The rating
affirmation reflects our expectation that the company can generate
operating cash flow of approximately $25 million in 2018 to support
operating needs for at least another year."


SYNAGRO INFRASTRUCTURE: Moody's Withdraws Caa1 CFR on Repaid Debt
-----------------------------------------------------------------
Moody's Investors Service is withdrawing the credit ratings of
Synagro Infrastructure Company, Inc., including its Caa1 Corporate
Family Rating, the Caa1 rating on its senior secured bank credit
facility, consisting of a revolving credit facility due February
2020 and term loan due June 2020, and stable outlook.

The ratings withdrawal follows a bank debt refinancing that
resulted in the repayment of the company's rated debt on November
9, 2018.

Ratings withdrawn:

Corporate Family Rating, Caa1;

Probability of Default Rating, Caa1-PD;

Senior secured bank credit facility, Caa1 (LGD4).

Stable outlook withdrawn.

Synagro Infrastructure Company, Inc., based in Baltimore, MD,
provides bio-solids wastewater treatment services in the US
primarily to municipalities. The company was acquired by an
affiliate of EQT, a European private equity firm, in September
2013. Revenue approximated $300 million for the last twelve months
ending in June 30, 2018.


TALEN ENERGY: Moody's Lowers Sr. Secured Guaranteed Ratings to B3
-----------------------------------------------------------------
Moody's Investors Service downgraded the senior unsecured
guaranteed ratings of Talen Energy Supply, LLC to B3 from B2. The
downgrade follows the refinancing of a portion of the company's
senior unsecured unguaranteed debt with proceeds of a non-recourse
financing of its Lower Mount Bethel and Martins Creek plants. At
the same time, Moody's affirmed Talen's corporate family rating at
B2, its probability of default at B2-PD, its senior secured debt at
Ba2, and its senior unsecured, unguaranteed debt at Caa1. The
rating outlook for Talen is stable.

RATINGS RATIONALE

The downgrade of the senior unsecured guaranteed debt was driven by
the reduction of unsecured debt cushion in the capital structure
that supports the higher priority facilities. Talen's B2 CFR and
stable outlook reflects the consolidated credit profile of the
organization, which is not materially altered by the project
financing. For 2019-2020, Moody's expects the company's
consolidated ratio of cash flow from operations excluding changes
in working capital (CFO pre-WC) to debt to be in a range of 6%-8%.
In addition, the ratings reflect Talen's elevated exposure to
carbon transition risks, and its heavy reliance on fossil-fired
generation.

The action follows Talen's closing of the $450 million LMBE-MC
financing for its 600 MW natural gas-fired combined cycle Lower
Mount Bethel, and 1,700 MW dual-fuel (gas/oil) Martins Creek,
plants. Combined, Moody's expects the plants to generate
approximately $100 million of annual earnings before interest,
taxes and depreciation (EBITDA). The structure of the project
financing removes the assets from the security/guarantee collateral
provided to the existing corporate lenders. Proceeds from the
LMBE-MC financing were used to retire approximately $421 million of
Talen's unsecured unguaranteed debt currently due in 2021.

The LMBE-MC financing includes a $25 million revolving credit
facility and adds a modest amount of consolidated leverage to
Talen's balance sheet as $450 million of funded project finance
debt was used to prepay $421 million of Talen corporate debt. A
portion of the proceeds are being retained at the project level for
capital expenditures. The additional leverage is mitigated by the
resulting reduction in refinancing risk, and the amortizing nature
of the project financing.

Similar to the treatment of Talen's other non-recourse debt,
Moody's includes the debt and associated cash flow from the new
project financing in the overall credit analysis when determining
Talen's corporate family rating. However, given the non-recourse
nature of these entities, Moody's excludes the project finance debt
from Talen's liability structure when conducting a loss given
default analysis.

Liquidity

Talen's SGL-2 reflects good liquidity for the next 12-18 months.
The position is bolstered by external credit facilities. As of
September 30, 2018, the company had an unrestricted cash balance of
about $77 million, and usage under its $1.242 billion credit
facility included an outstanding balance of $50 million and $167
million for letters of credit. The liquidity profile reflects our
expectation that Talen will look to extend the maturity date of its
secured revolver well in advance of its current 2022 termination
date.

Talen's nearest long-term debt maturities include $17 million of
notes due July 2019 which the company expects to repay with cash on
hand. Talen's additional 2018 liquidity needs include a requirement
by the Montana Department of Environmental Quality to provide
financial assurance for its proportionate share of the
decommissioning costs associated with the coal-fired Colstrip
units. Talen's financial assurance requirement is currently
estimated to be about $53 million in 2018 and $18 million in 2019,
with an aggregate estimated range of $71 - $94 million, which Talen
expects to satisfy via the posting of a surety bond.

Outlook

Talen's stable outlook reflects an expectation that, despite
declining capacity revenue, management's continued focus on
performance enhancement and cost control will support the company's
credit quality such that its ratio of CFO pre-WC to debt that will
remain above 5%.

Factors that Could Lead to an Upgrade

Given its declining revenue profile and relatively aggressive
financial policies, it is not likely that the CFR will move upward
over the next 12-18 months. Longer term, if there were to be
operational enhancements, reductions in leverage, or an improvement
in market conditions causing the ratio of CFO pre-WC to remain
above 10%, there could be upward pressure on the ratings.

Factors that Could Lead to a Downgrade

If there were to be an increase in leverage, operational
challenges, or continued weak commodity prices such that Moody's
would expect the ratio of CFO pre-W/C to debt to fall below 5% on a
sustained basis, or if the company were to become significantly
free cash flow negative for a prolonged period. In addition, if
there were to be additional refinancing that replaces unsecured
debt with additional secured or guaranteed debt, or there is other
erosion of the unsecured liability base, there could be pressure on
the ratings of the secured or guaranteed notes.

Outlook Actions:

Issuer: Talen Energy Supply, LLC

Outlook, Remains Stable

Affirmations:

Issuer: Talen Energy Supply, LLC

Probability of Default Rating, Affirmed B2-PD

Speculative Grade Liquidity Rating, Affirmed SGL-2

Corporate Family Rating, Affirmed B2

Senior Secured Bank Credit Facility, Affirmed Ba2 (LGD2)

Senior Unsecured Regular Bond/Debenture, Affirmed Caa1(LGD6 from
LGD5)

Downgrades:

Issuer: Talen Energy Supply, LLC

Gtd. Senior Unsecured Regular Bond/Debenture, Downgraded to B3
(LGD4) from B2 (LGD4)

Issuer: Pennsylvania Economic Dev. Fin. Auth.

Senior Unsecured Revenue Bonds, Downgraded to B3 (LGD4) from B2
(LGD4)

Talen Energy Supply, LLC is an independent power producer with
about 15 GW of generating capacity. Talen Energy Corporation,
headquartered in Allentown, PA, is a privately owned holding
company that owns 100% of Talen and conducts all its business
activities through Talen.

The principal methodology used in these ratings was Unregulated
Utilities and Unregulated Power Companies published in May 2017.


TERRE HAUTE: S&P Alters Outlook to Stable & Affirms 'BB' ICR
------------------------------------------------------------
S&P Global Ratings has revised its outlook on Terre Haute Sanitary
District, Ind.'s series 2012 bonds to stable from negative. At the
same time, S&P Global Ratings has affirmed its 'BB' long-term
rating on the bonds as well as its 'BB' issuer credit rating (ICR)
on the City of Terre Haute.

"We base the outlook revision and affirmation on our view of recent
enhancements in Terre Haute's financial positon, which the city
achieved through large sewer rate increases, extensive borrowing,
and substantial interfund transfer activity," said S&P Global
Ratings credit analyst Anna Uboytseva.

"The city's liquidity (a major concern during our 2017 review) has
strengthened, in our opinion. Officials restored a previously very
large negative general fund cash position to positive in 2017.
Although improvements to date are evident, we believe Terre Haute's
finances are still structurally imbalanced and the city still has a
way to go to restore its credit quality. First, the city has to
repay all internal and external loans (which management expects to
do) and demonstrate an ability to manage financial operations
without relying on excessive borrowing. Second, it has yet to
devise a plan to turn around its underperforming golf funds that
operate with chronic deficits and, as a result, with negative cash
reserves that keep getting worse. Third, the city's management
historically has been reluctant and unwilling to make significant
expenditure-side budgetary adjustments in times of budgetary stress
and we believe this condition is still present. In future, we think
Terre Haute will have an opportunity to more closely align
recurring revenues with recurring expenditures because the revenue
environment should be more favorable. Even then, additional
budgetary actions might still be necessary. Therefore, we believe
the city's financial management decisions this year and next will
likely determine its future credit profile."

The 'BB' rating reflects less transparency in some areas of
budgetary performance and flexibility, stemming from significant
interfund borrowing, spanning fiscal years, and made less clear
given the city's use of cash accounting.

A special ad valorem property tax levied on all taxable property in
the sanitary district secures the 2012 bonds. The levy is subject
to the circuit-breaker limitations, which require taxpayers to pay
only up to a statutorily defined share of their property's gross AV
and results in a reduction in the city's aggregate tax levy.
Although Terre Haute has faced a number of financial challenges in
recent years, S&P believes it possesses the financial flexibility
to sustain identical ratings on its unlimited-and limited-tax
bonds.

The sanitary district is responsible for sanitary collection
systems, conveyance services, and treatment, and its taxing and
service territory exceeds that of the city. Terre Haute records
district finances as part of its governmental funds; the fund's
prime function is to provide capital needs and pay debt service. It
does not have any staff or other operations. Terre Haute's city
council is the ultimate governing body, and it must approve any
issuance of property tax-secured bonds through the district. The
city is also responsible for appointing the district's board of
sanitary commissioners. S&P rates the sanitary district bonds on
par with the ICR on the city.

The 'BB' rating reflects the following credit characteristics for
Terre Haute:

-- Weak economy;
-- Weak management;
-- Weak budgetary performance;
-- Very weak budgetary flexibility;
-- Adequate debt and contingent liability profile; and
-- Strong institutional framework score.

S&P said, "The stable outlook reflects our expectation that recent
budget actions and projected improvements in the city's revenue
profile should stabilize Terre Haute's financial position and
prevent reserve or liquidity positions from worsening. As a result,
we do not expect to change the rating in the next year. Although
effective in a shorter run, we believe the reliance on interfund
borrowing and on wastewater revenue for even occasional payments of
property tax-backed bonds is not a sustainable budget balancing
measure in the long term. If the city cannot sustain structural
reforms and its liquidity deteriorates unexpectedly, we could lower
the rating. If the city continues to make measurable financial
progress and reduces the reliance on cash flow borrowing, we could
raise the rating."


THOMAS D. WATSON, IV: Boyd Buying Dallas Property for $1.35 Million
-------------------------------------------------------------------
Thomas D. Watson, IV and Tracey Lynn Payton Watson ask the U.S.
Bankruptcy Court for the Northern District of Texas to authorize
the sale of the real property located at 6510 Turner Way, Dallas,
Texas to Raymond M. Boyd for $1.35 million.

Objections, if any, must be filed within 21 days from the date of
Notice.

The Debtors own the Property.  The Property is a single family
residence located in a nice higher end subdivision in Dallas,
Texas.  The Debtors have had the Property listed for sale since
April 2018 with a real estate broker who sells higher end homes in
the area of the Property.  The broker was employed by the Court.
Given the price range of the Property there is a narrow range of
buyers for this type of Property.

After marketing the Property with a broker, the Debtors have
obtained a contract on the Property with the Buyer, a third party
not connected with the Debtors, for $1.35 million.  The price is in
the range of prices that the broker had thought the Property would
sell for.  Also selling a property at this time of year can be more
difficult than in the spring and summer time.  The parties have
entered into their One to Four Family Residential Contract
(Resale).

The sale will be free and clear of all liens, claims and
encumbrances, and such liens, claims and encumbrances will attach
to the sale proceeds.  After closing, any excess sale proceeds will
be held by the Debtors in their DIP bank account pending an order
of distribution approved by the Court.

The Property is encumbered with a lien in favor of Ocwen Loan
Servicing, LLC as Trustee for GSAA Home Equity Trust 2007-10,
Asset-Backed Certificates, Series 2007-10.  This lien is in the
approximate amount of $1,205,770 based on the POC filed in the
case.

The real estate tax lien claims of the local taxing authorities in
Dallas County, Texas will be paid at closing and any tax liens for
2018 will remain attached to the Property to secure payment of all
ad valorem property taxes assessed on the property for the 2018 tax
year and any penalties and interest that may accrue thereon.  The
estimated amount owed to Dallas County based on their proof of
claim is $27,261 for 2018.

Other than the mortgage and tax claims there are no other liens on
the Property.

The Debtors ask that the sale be approved and that the title
company be authorized to pay the mortgage at closing, the taxes at
closing, the closing costs to the title company, and the commission
to the broker employed in the case.

A copy of the Contract attached to the Motion is available for free
at:

   http://bankrupt.com/misc/Thomas_Watson_47_Sales.pdf

The Debtors ask that the 14-day period following the entry of an
Order allowing the sale be waived.

Counsel for Debtors:

          Joyce W. Lindauer, Esq.
          Jeffery M. Veteto, Esq.
          JOYCE W. LINDAUER ATTORNEY, PLLC
          12720 Hillcrest Road, Suite 625
          Dallas, TX 75230
          Telephone: (972) 503-4033
          Facsimile: (972) 503-4034

Thomas D. Watson, IV and Tracey Lynn Payton Watson sought Chapter
11 protection (Bankr. N.D. Tex. Case No. 8-30719-sgj) on March 5,
2018.



TIRECO INC: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Tireco, Inc. as of Dec. 3, according to a
court docket.

                        About Tireco Inc.

Tireco, Inc., which conducts business under the name Formula Tire &
Auto Care, is an automotive services provider in Longwood, Florida.
It offers name brand tires and wheels and also provides auto
repairs and maintenance services.  

Tireco sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. M.D. Fla. Case No. 18-06603) on Oct. 25, 2018.  The Debtor
first sought bankruptcy protection (Bankr. M.D. Fla. Case No.
15-03459) on April 21, 2015.

In the petition signed by Monica S. Jones, vice president, the
Debtor estimated assets of $1 million to $10 million and
liabilities of $1 million to $10 million.

Latham, Shuker, Eden & Beaudine, LLP, serves as Debtor's legal
counsel.


TRIBUNE MEDIA: Disallowance of Post-Bankruptcy Legal Fees Reversed
------------------------------------------------------------------
Michael L. Cook, Esq., of Schulte Roth & Zabel LLP, on Dec. 3,
2018, noted that the Bankruptcy Code ("Code") "does not limit the
allowability of unsecured claims for contractual post-[bankruptcy]
attorneys' fees," held the U.S. District Court for the District of
Delaware on Nov. 26, 2018. In re Tribune Media Company, 2018 WL
6167504 (D. Del. Nov. 26, 2018).  In a short and sensible opinion,
the district court reversed the bankruptcy court's disallowance of
an undersecured lender's fees.  In its view, the "courts of appeals
that have considered this issue . . . have unanimously . . .
allowed unsecured claims for contractual attorneys' fees that
accrued post-filing of the bankruptcy petition."  The Third
Circuit, it noted, had not ruled on the issue.  Nor has there "been
a nationwide consensus on the allowability" of these claims. Id. at
*2.

Relevance
Lower courts have either ignored or misread the Supreme Court's
opinion in Travelers Cas. & Sur. Co. of Am. v. Pac. Gas & Elec.
Co., 549 U.S. 443, 452-54 (2007) ("[C]laims enforceable under
applicable state law will be allowed in bankruptcy unless they are
expressly disallowed."). See, e.g., Summitbridge Nat'l Investments
III LLC v. Faison, 64 Bankr. Ct. Dec. 247, *3 (E.D.N.C. Nov. 27,
2017) (despite raft of overwhelming appellate authority, a
purported "absence of binding [Fourth] Circuit precedent" enabled
court to hold that "unsecured creditors are not entitled to
post-[bankruptcy] attorneys' fees.").  As the court in Summitbridge
mistakenly reasoned, "a secured creditor [is not permitted] to
advance an unsecured claim for post-petition attorneys' fees on the
premise that these fees are somehow independent of its secured
claim, and thereby avoid the application of [Code] Sec. 506(b)."
Id. In its view, the Code allows "only oversecured creditors to add
post-petition attorneys' fees." Id.[1]

Facts
The lender in Tribune was undersecured (i.e., its underlying claim
exceeded the value of its collateral).  It asserted a $30-million
claim for its legal fees in a ten-year-old reorganization case. The
debtor objected to the claim and the bankruptcy court sustained
that objection, relying on decisions like Summitbridge. The
bankruptcy court reasoned that Code Sec/ 506(b) implicitly limits
unsecured claims under Sec. 502.  Because Sec. 506(b) allows an
oversecured lender reasonable attorneys' fees, Congress, in that
court's mistaken view, must have meant to disallow an undersecured
lender's claims for legal fees.

Appeal to District Court
The district court "merely note[d]" its unwillingness to hold that
Sec. 506(b) "expressly" disallowed the claims for legal fees.  It
agreed "with the position adopted by every court of appeals faced
with this question; Section 506(b) does not limit the allowability
of unsecured claims for contractual post-petition attorneys' fees
under Section 502."

Comments
At least seven Courts of Appeals have taken a sensible approach to
allowing an undersecured creditor's claim for legal fees -- if the
claim is valid under applicable state law, it is allowable.  A
comprehensive decision of the Second Circuit, holding that a
creditor was entitled to its post-bankruptcy legal fees incurred
under a pre-bankruptcy indemnity agreement, illuminates the entire
issue. Ogle v. Fid. & Deposit Co. of Md., 586 F.3d 143 (2d Cir.
2009).  The Second Circuit explained that the Code "interposes no
bar . . . to recovery." Id., at 148 (citing Travelers Cas. & Sur.
Co. of Am. v. Pac. Gas & Elec. Co., 549 U.S. 443, 452 (2007)).

Lenders, financial advisors, accountants, indenture trustees and
other professionals who bargain for reimbursement of their legal
fees should be reassured by Tribune and Ogle.  Lower courts in the
Second Circuit and elsewhere had previously disallowed creditors'
professional fees, wrongly holding that (a) nothing in the Code
authorizes the payment of these fees, and (b) contractual rights to
these fees are unenforceable. See, e.g., J.P. Morgan Trust Co.,
N.A. v. A.P. Green Indus. Inc., No. 06-0885, slip op. at 4 (W.D.
Pa. Nov. 5, 2007) (affirmed bankruptcy court's denial of indenture
trustee's reimbursement claim for legal fees; "Under the maxim of
expressio unius est exclusio alterius (the expression of one is the
exclusion of the alternatives), silence as to undersecured claims
for attorneys' fees and costs in [Code] Sec. 506(b) indicates that
they are excluded from payment."); In re Crafts Retail Holding
Corp., 378 B.R. 44, 50 (Bankr. E.D.N.Y. 2007) ("[A]bsent statutory
authority, [financial advisor's] claimed contractual rights or
asserted principles of equity alone do not constitute cognizable
bases for an award of compensation or reimbursement of expenses in
bankruptcy cases.").  According to the Second Circuit in Ogle,
however, the courts had been "closely divided on the" issue of
post-bankruptcy fees. 586 F.3d at 145. Compare In re SNTL Corp.,
571 F.3d 826, 839-45 (9th Cir. 2009) (allowing unsecured
guarantor's reimbursement claim for post-petition attorneys' fees
based on pre-petition contract); Martin v. Bank of Germantown, 761
F.2d 1163, 1168 (6th Cir. 1985) (". . . creditors are entitled to
recover attorneys' fees in bankruptcy claims if they have a
contractual right to them valid under state law . . . collection
costs and legal fees in lender's note"); In re Shangra-La Inc., 167
F.3d 843, 848-49 (4th Cir. 1999) ("Entitlement to attorneys' fees .
. . depended on  . . . terms of [contract] and on state law."); In
re Sokolik, 635 F.3d 261, 267 (7th Cir. 2011); In re Gencarelli,
501 F.3d 1, 6 (1st Cir. 2011) (disallowing these "claims based on
section 506(b) defies common sense."); with Adams v. Zimmerman, 73
F.3d 1164, 1177 (1st Cir. 1996) (disallowing claim for
post-insolvency fees against FDIC receiver; non-bankruptcy case)
and In re Waterman, 248 B.R. 567, 573 (B.A.P. 8th Cir. 2000)
(allowing claim for post-petition fees under Code Sec. 506(b) only
because creditor was oversecured).

The claim for attorneys' fees in Ogle arose from a series of
pre-bankruptcy agreements between Fidelity and Agway. Fidelity's
efforts to enforce its contractual rights against Agway, however,
resulted in protracted litigation during which Fidelity incurred
costs, including attorneys' fees. 586 F.3d at 145.  The Second
Circuit asked whether "an unsecured creditor is entitled to recover
post-petition attorneys' fees that were authorized by a
pre-petition contract but were contingent on post-petition events?"
Id.  The court answered affirmatively because the Code does not bar
these claims.

Code Sec. 502(b) Not a Bar to Recovery.  The court first rejected
the trustee's argument in Ogle that Code Sec. 502(b) precluded the
legal fees sought by Fidelity.  Quoting the Supreme Court in
Travelers, the Code defines "claim" to be a "right to payment,"
which "usually refer[s] to a right to payment recognized under
state law." Id., at 146. (Travelers, 549 U.S. at 451) (internal
quotation marks omitted).

The contingent nature of the creditor's claim in Ogle was also
unimportant.  As the court explained, Code Sec. 101(5)(A) includes
"contingent" claims in its definition of "claim." Id.  Because
applicable state contract law gave the creditor a right to payment
when the indemnification agreement was signed, the creditor
"possessed a contingent right to post-petition attorneys' fees,"
although "its right arose pre-petition." Id.  Moreover, nothing in
Code Sec. 502(b) precludes an unsecured creditor's recovery of
post-petition attorneys' fees merely because the claim was
contingent. Id., at 146-147. Accord, In re SNTL Corp., 571 F3d 826,
838 (9th Cir. 2009) ("Under section 502(b)(1), those contingent
claims cannot be disallowed simply because the contingency occurred
postpetition . . . .  Contingent claims are allowed under Section
502(b)").  According to the Second Circuit, the Supreme Court's
Travelers opinion required it to "presume that claims enforceable
under applicable state law will be allowed in bankruptcy unless
they are expressly disallowed."

Moreover, none of the exceptions to the allowability of a claim
listed in Sec. 502(b) applied to the claim in Ogle.  Although Sec.
502(b)(1) makes any defense to a claim available to a bankruptcy
trustee, unless applicable state law or one of the exceptions in
Sec. 502(b) applies, "the claim must be allowed." Id., at 147
(quoting Travelers, 549 U.S. at 452).

The Second Circuit's reasoning is straightforward:

The underlying contract is valid as a matter of state substantive
law; none of the Sec. 502(b)(2)-(9) exceptions apply; and the Code
is silent as to the particular question presented -- whether the
Code allows unsecured claims for fees incurred while litigating
issues of contract law more generally.

Id., at 476 (internal quotation marks omitted).

Code Sec. 506(b) Not a Bar To Recovery. The Second Circuit in Ogle
also rejected the trustee's reliance on Code Sec. 506(b), which
only bars interest on an undersecured creditor's claim.  Because
Code Sec. 506(b) "does not implicate unsecured claims for
post-petition attorneys' fees," reasoned the court, it thus
"interposes no bar to recovery." Id. Accord. In re SNTL Corp., 57
F3d at 841 (" . . . we reject the argument that section 506(b)
preempts postpetition attorneys' fees for all except oversecured
creditors."), citing In re 268 Ltd., 789 F.2d 674, 678 (9th Cir.
1986) (Sec. 506(b) does not "limit the fees available" as an
unsecured claim but merely "define[s] the portion of the fees [to]
be afforded secured status,"); In re Welzel, 275 F.3d 1308, 1316-20
(11th Cir. 2001) (en banc) (Sec. 502(b) "does not . . . disallow
attorneys' fees of creditors . . . .").

Timbers Not a Bar to Recovery. Nor does the Supreme Court's holding
in United Savings Ass'n of Texas v. Timbers of Inwood Forest Assocs
Ltd., 484 U.S. 365 (1988) mandate disallowance of unsecured claims
for post-bankruptcy legal fees.  Although Sec. 502(b)(2)
"specifically disallows claims for unmatured interest," Sec. 502(b)
"does not contain a similar prohibition against attorneys' fees."
SNTL Corp., 571 F.3d at 844.  As the Second Circuit stressed in
Ogle, "while section 502(b)(2) bars claims for unmatured interest,
it does not similarly bar (or even reference) claims for
post-petition attorneys' fees." Id., at 148.

No Unfairness. Finally, the Second Circuit rejected the trustee's
policy argument in Ogle that allowance of the fees would "unfairly
disadvantage other creditors . . . whose distributions would be
reduced." Id., at 149. Sophisticated parties in Ogle negotiated an
agreement with a provision for the recovery of legal fees.  The
creditor will not be receiving an undeserved bonus at the expense
of others.  Allowance of the claim "‘merely effectuates the
bargained-for terms of the [pre-bankruptcy] loan contract.'" Id.
(quoting In re United Merchants & Mfrs. Inc., 674 F.2d 134, 137 (2d
Cir. 1982) (pre-Code case)). See SNTL Corp., 571 F.3d at 845 ("…
the Bankruptcy Code itself [does] not specifically disallow …
postpetition fees . . . In the end, it is the province of Congress
to correct statutory dysfunctions and to resolve difficult policy
questions embedded in the statute.").

Consistent Appellate Decisions. Seven Circuits have put to rest the
contractual post-bankruptcy legal fee issue.  But there is still no
uniformity in the lower courts, as Tribune shows.  Outside the
First, Second, Fourth, Sixth, Seventh, Ninth and Eleventh Circuits,
the contractual legal fee issue is still open. The Third Circuit
should have no hesitation, though, in affirming the district
court's Tribune decision.

Tribune Media Company, headquartered in Chicago, IL, benefits from
television assets including 42 broadcast stations in 33 markets
reaching 26% (with the reinstated UHF discount) of U.S. households
and the WGN America network with subscribers approaching 80
million.  Tribune Media holds minority equity interests in several
media enterprises including TV Food Network which contribute cash
distributions.  The company emerged from Chapter 11 bankruptcy
protection at the end of 2012 and certain creditors prior to
Chapter 11 filing are now shareholders with funds of Oaktree
Capital Management LP (roughly 16%), Angelo, Gordon & Co. LP (7%),
and JPMorgan Chase (7%) representing three of the five largest
shareholders.  Reported revenue totaled $1.9 billion for 2016.


USA GYMNASTICS: Case Summary & 30 Largest Unsecured Creditors
-------------------------------------------------------------
Debtor: USA Gymnastics
           DBA USA Gymnastics Inc.
        130 E. Washington Street, Suite 700
        Indianapolis, IN 46204
        Tel: 317-237-5050

Business Description: USA Gymnastics -- https://usagym.org -- is a
                      not-for-profit organization incorporated in
                      Texas.  Based in Indianapolis, Indiana,
                      the Debtor's organization encompasses six
                      disciplines: women's gymnastics, men's
                      gymnastics, trampoline and tumbling,
                      rhythmic gymnastics, acrobatic gymnastics,
                      and group gymnastics.  The Debtor provides
                      educational opportunities for coaches and
                      judges, as well as gymnastics club owners
                      and administrators, and sanctions
                      approximately 4,000 competitions and events
                      throughout the United States annually.  More
                      than 200,000 athletes, professionals, and
                      clubs are members of USAG.  USAG sets the
                      rules and policies that govern the sport of
                      gymnastics in the United States, including
                      selecting and training the United States
                      gymnastics teams for the Olympics and
                      World Championships.  As of the Petition
                      Date, USAG employs 53 individuals, nearly
                      all of whom work for USAG full-time.

Chapter 11 Petition Date: December 5, 2018

Court: United States Bankruptcy Court
       Southern District of Indiana (Indianapolis)

Case No.: 18-09108

Judge: Hon. Robyn L. Moberly

Debtor's Counsel: Dean Panos, Esq.
                  JENNER & BLOCK LLP
                  353 N. Clark St.
                  Chicago, IL 60654
                  Tel: 312-222-9350
                  Email: dpanos@jenner.com

                    - and -

                  Melissa M. Root, Esq.
                  JENNER & BLOCK LLP
                  353 N. Clark Street
                  Chicago, IL 60654
                  Tel: 312-840-7255
                  Fax: 312-840-7355
                  Email: mroot@jenner.com

                    - and -

                  Catherine L. Steege, Esq.  
                  JENNER & BLOCK LLP
                  353 N. Clark Street
                  Chicago, IL 60654
                  Tel: 312-923-2952
                       312-222-9350
                  Fax: 312-840-7352
                  Email: csteege@jenner.com

Debtor's
Business
Consulting
Services
Providers:        ALFERS GC CONSULTING, LLC

                    - and -

                  SCRAMBLE SYSTEMS, LLC

Debtor's
Claims &
Noticing
Agent:            OMNI MANAGEMENT GROUP, INC.
                  https://is.gd/tzTP99

Estimated Assets: $50 million to $100 million

Estimated Liabilities: $50 million to $100 million

The petition was signed by James Scott Shollenbarger, chief
financial officer.

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

             http://bankrupt.com/misc/insb18-09108.pdf

List of Debtor's 30 Largest Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount
   ------                          ---------------    ------------
Stephen D Penny Jr                    Severance           $339,999
11121 Mirador Lane                   Compensation
Fishers, IN 46037

Fidelity Investments 2018               Vendor            $236,984
USAG Profit Sharing Contribution
100 Crosby Parkway
Covington, KY 41015

Plews Shadley Racher & Braun LLP        Vendor            $200,000
1346 N. Delaware St.
Indianapolis, IN 46204

American Athletic, Inc                  Vendor             $62,116
200 American Ave
Jefferson, IA 50129

PNC Bank                                Vendor             $50,000
P.O. Box 828702
Philadelphia, PA 19182

National Travel Systems-                Vendor             $45,645
Corporate Office
4314 S Loop 289, Suite 300
Lubbock, TX 79413

Wipfli LLP                              Vendor              $9,814
12359 Sunrise Valley Drive
Reston, VA 20191

The Alexander                           Vendor              $8,025
333 South Delaware Street
Indianapolis, IN 46204

John Cheng                              Vendor              $4,124
137 Danbury Rd. #141
New Milford, CT 06776

Benchmark Rehabilitation Partners       Vendor              $3,937
PO Box 2314
Ooltewah, TN 37363

AT&T                                    Vendor              $3,918
P.O. Box 105414
Atlanta, GA 30348

Sport Graphics, Inc.                    Vendor              $3,418
3423 Park Davis Circle
Indianapolis, IN 46235

BMI                                     Vendor              $2,842
P.O. Box 630893
Cincinnati, OH 45263

Tatiana Perskaia                        Vendor              $2,789
7633 Hamelin Lane
Gainesville, VA 20155

Antonia Markova                         Vendor              $2,400
3535 Acorn Way Lane
Spring, TX 77389

Daniel Baker                            Vendor              $2,345
1311 Kelliwood Oaks Drive
Katy, TX 77450

Denison Parking                         Vendor              $2,250
c/o Virginia Ave. Garage
P.O. Box 1582
Indianapolis, IN 46206

Ivan Yordanov Ivanov                    Vendor              $2,239
700 Cobia Drive
Katy, TX 77494

Elite Sportswear, L.P.                  Vendor              $2,140
6850 Enterprise Dr.
South Bend, IN 46628

Neofunds By Neopost                     Vendor              $2,000
P.O. Box 6813
Carol Stream, IL 60197

Dodson Group Inc.                       Vendor              $1,960
P.O. Box 393
Bownsburg, IN 46112

Carey International, Inc.               Vendor              $1,900
7445 New Technology Way
Frederick, MD 21703

Chainey Umphrey                         Vendor              $1,830
1415 Melwood Dr
San Joe, CA 95054

Mary Lou Ackman                         Vendor              $1,197
1939 Butler Dr
Bartlett, IL 60103

Heather M. Forbes                       Vendor              $1,060
1170 White Chapel
Algonguin, IL 60102

Armine Barutyan-Fong                    Vendor              $1,019
1409 NW Northridge
Blue Springs, MO 64015

Champion Rx                             Vendor                $887
5481 Commercial Dr., Suite C
Huntington Beach, CA 92649

Terin Humphrey                          Vendor                $840
114 SE 2nd Street
Blue Springs, MO 64014

Aflac                                   Vendor                $715
1932 Wynnton Road
Columbus, GA 31999

Staples Business Credit                 Vendor                $710
P.O. Box 105638
Atlanta, GA 30348


USA GYMNASTICS: Files for Chapter 11 to Deal With Abuse Claims
--------------------------------------------------------------
USA Gymnastics, the sport's national governing body, filed a
voluntary Chapter 11 petition to implement a procedure for dealing
with claims held by former gymnasts a result of abuse by a former
doctor.

USA Gymnastics estimated $50 million to $100 million in assets and
debt as of the bankruptcy filing.

Board of Directors Chair Kathryn Carson, who joined the newly
restructured board in June, said in a statement that bankruptcy
will allow USA Gymnastics to "expedite resolution of claims"
against it from survivors of sexual abuse by former team doctor
Larry Nassar.  She noted that survivors' claims against the
organization are covered by insurance that was previously
purchased.

She added that:

   * USA Gymnastics will continue to operate normally and will not
have trouble paying its bills.

   * This filing allows the organization to move forward with its
plans to strengthen our organization and further support the work
of its members and gymnasts throughout the United States.

   * The search is underway for a new CEO who has the experience
and leadership skills to build on the organization's efforts to
date, help the organization to continue to restore confidence in
USA Gymnastics, and execute a clear vision for a successful
future.

   * By staying all pending actions against USA Gymnastics, the
Chapter 11 filing also allows USA Gymnastics to work with the
United States Olympic Committee to determine the best path forward
for the sport of gymnastics.

"All of our actions -- from this filing, to working for resolution
with the survivors of Nassar's horrific abuse, to the safety
initiatives we have implemented, to supporting our members and
clubs, to providing educational and competitive opportunities --
are taken with recognition of the past and a goal to make USA
Gymnastics the best it can be for all participants. All of us have
the same objective -- making meaningful changes for the benefit of
our athletes and all members. While considerable changes have been
made, substantial work still remains. Today's filing will allow us
to continue on this path and restore the organization to one of
which we can all be proud," Ms. Carson said.

Ms. Carson joined the newly restructured Board of Directors in late
June 2018 as an independent director, and she was elected chair at
the end of November.

                       About USA Gymnastics

USA Gymnastics -- https://www.usagym.org/ -- is a not-for-profit
organization incorporated in Texas.  Based in Indianapolis,
Indiana, USAG's organization encompasses six disciplines: women's
gymnastics, men's gymnastics, trampoline and tumbling, rhythmic
gymnastics, acrobatic gymnastics, and group gymnastics.  USAG
provides educational opportunities for coaches and judges, as well
as gymnastics club owners and administrators, and sanctions
approximately 4,000 competitions and events throughout the United
States annually.  More than 200,000 athletes, professionals, and
clubs are members of USAG.  USAG sets the rules and policies that
govern the sport of gymnastics in the United States, including
selecting and training the United States gymnastics teams for the
Olympics and World Championships.  As of the Petition Date, USAG
employs 53 individuals, nearly all of whom work for USAG
full-time.

USA Gymnastics sought Chapter 11 protection (Bankr. S.D. Ind. Case
No. 18-09108) on Dec. 5, 2018.

USAG estimated $50 million to $100 million in assets and
liabilities as of the bankruptcy filing.

The Hon. Robyn L. Moberly is the case judge.

USAG tapped JENNER & BLOCK LLP as counsel; ALFERS GC CONSULTING,
LLC and SCRAMBLE SYSTEMS, LLC, as business consulting services
providers; and OMNI Management Group, Inc., as claims agent.


USA GYMNASTICS: Says Insurance to Cover Abuse Claims
----------------------------------------------------
USA Gymnastics said it has available insurance coverage for amounts
asserted in various lawsuits and claims relating to the "horrific
and pervasive" sexual abuse committed by former team doctor Larry
Nassar against hundreds of former gymnasts.  However, it
acknowledges that the applicable insurance proceeds may be
insufficient to cover allowed claims of survivors against USAG.
For this reason, USAG filed a chapter 11 case to establish an
orderly procedure for the allocation of its insurance proceeds.

Nassar was employed by Michigan State University and served as a
volunteer to USAG.  As a volunteer, Nassar was to provide medical
assistance to gymnasts at various events and camps, including those
camps held at what was previously USAG's National Team Training
Center.

In June 2015, an initial report came to USAG's attention that
Nassar had potentially had inappropriate contact with gymnasts.
USAG promptly commenced an investigation into the matter and
ultimately reported the matter to the FBI. In November 2017, Nassar
pleaded guilty to sexual assault and other crimes.  As a result of
his sentence, Nassar will spend the rest of his life in prison.

In late 2016, USAG engaged Deborah Daniels, managing partner of
Indianapolis-based Krieg DeVault LLP and a former federal
prosecutor, to conduct an independent review of USAG's bylaws,
policies, procedures and practices related to handling sexual
misconduct matters, and to issue a report and recommendations. The
Daniels Report was issued on June 26, 2017, and is publicly
available on USAG's website. The Daniels Report contained a number
of recommendations, all of which USAG's then board of directors
unanimously agreed to implement.

USAG's leadership has undergone a complete change in the last year
and a half.  In March 2017,  USAG's then CEO, Steve Penny,
resigned.  In January 2018, every member of USAG's then board of
directors resigned.  The current USAG Board and officers do not
include any  individuals  who  served  during  the  period in
which  Nassar  was  a  USAG  volunteer or under investigation for
his criminal acts.  

                  Prepetition Pending Litigation

James Scott Shollenbarger, chief financial officer of USAG,
explains that presently hundreds of individuals have asserted
claims in Michigan, California, and elsewhere against MSU and other
defendants as a result of Nassar's abuse; over 350 of those
individuals have also asserted claims against USAG.  The Michigan
and California lawsuits were mediated as a consolidated group, with
MSU and the plaintiffs having reached a $500 million settlement.
USAG also faces cases and claims arising out of Nassar's criminal
conduct in other jurisdictions around the country.  

"USAG has insurance coverage encompassing numerous policies
covering approximately 30 years, which I expect will provide
substantial coverage for the amounts asserted in the various
lawsuits  and  claims.  Nevertheless, I understand that the
applicable  insurance proceeds may be insufficient to cover allowed
claims of survivors against USAG. For this reason, USAG filed this
chapter 11 case to establish an orderly procedure for the
allocation of its insurance proceeds," Mr. Shollenbarger said in
court filings.

                        The USOC Complaint

On Nov. 5, 2018, the USOC filed a complaint initiating a proceeding
against USAG under Section 8 of the USOC's bylaws, seeking to
revoke USAG's designation as the national governing body of
gymnastics.  USAG will continue to work with the USOC to determine
the best path forward for the sport of gymnastics.

                    Objectives For Chapter 11

USAG's primary objective for filing the chapter 11 case is to
implement orderly, equitable, and efficient procedures to allocate
USAG's available insurance proceeds to survivors who hold allowed
claims against USAG. Secondarily, USAG intends to continue to work
with the USOC to implement the changes necessary to regain the
trust and confidence of the USOC and athletes in USAG as the
national governing body for the sport of gymnastics.  

                       About USA Gymnastics

USA Gymnastics -- https://usagym.org -- is a not-for-profit
organization incorporated in Texas.  Based in Indianapolis,
Indiana, USAG's organization encompasses six disciplines: women's
gymnastics, men's gymnastics, trampoline and tumbling, rhythmic
gymnastics, acrobatic gymnastics, and group gymnastics.  USAG
provides educational opportunities for coaches and judges, as well
as gymnastics club owners and administrators, and sanctions
approximately 4,000 competitions and events throughout the United
States annually.  More than 200,000 athletes, professionals, and
clubs are members of USAG.  USAG sets the rules and policies that
govern the sport of gymnastics in the United States, including
selecting and training the United States gymnastics teams for the
Olympics and World Championships.  As of the Petition Date, USAG
employs 53 individuals, nearly all of whom work for USAG
full-time.

USA Gymnastics sought Chapter 11 protection (Bankr. S.D. Ind. Case
No. 18-09108) on Dec. 5, 2018.

USAG estimated $50 million to $100 million in assets and
liabilities as of the bankruptcy filing.

The Hon. Robyn L. Moberly is the case judge.

USAG tapped JENNER & BLOCK LLP as counsel; ALFERS GC CONSULTING,
LLC and SCRAMBLE SYSTEMS, LLC, as business consulting services
providers; and OMNI Management Group, Inc., as claims agent.


VIKEN MANJIKIAN: Harville Buying Highway 371 Properties for $325K
-----------------------------------------------------------------
Viken Manjikians asks the U.S. Bankruptcy Court for the Central
District of California to authorize the bidding procedures in
connection with the sale of two adjacent parcels of real property
located in Riverside County and (i) identified as 56311 Highway
371, Anza, California 92539, APN 576-080-016-1 ("Raw Land"), and
56333 Highway 371, Anza, California 92539, APN 576-080-005-1
("Office Building") to David Harville for $325,000, subject to
overbid.

A hearing on the Motion is set for Nov. 12, 2018 at 10:00 a.m.

Among the assets of the Estate are the Highway 371 Properties.

     1. The Raw Land: The Raw Land is a one acre parcel of
undeveloped land with a well and power connections.  The Debtor has
a fee simple interest in the Raw Land and believes that the Raw
Land is encumbered by these liens:

          i. Property Taxes: A lien of defaulted taxes for the
fiscal year 2017-2018, in the amount of $1,354 as of November
2018.

         ii. Property Taxes (non-Debtor): Liens for unsecured
property taxes levied against John Georges and/or Louise Demartino
in the aggregate amount of $1,142.

        iii. First Priority: A deed of trust in favor of William R.
Martin, Trustee of the Princeton Financial 401K Profit Sharing
Plan.  The deed of trust was originally recorded Sept. 24, 2012 in
the amount of $125,000.  Princeton Financial filed a proof of claim
in the Bankruptcy Case in relation to the obligation, identified as
Claim 4 on the Claims Register.  Claim 4 asserts a total debt in
the amount of $82,152 as of the Petition Date.  The Debtor has
remained current on the Princeton Financial Obligation
post-petition, but since the payments are interest only, the Debtor
believes the balance is still $82,152.

          iv. Second Priority: A deed of trust in favor of the
Settling Creditors.  This deed of trust was recorded May 16, 2017
to secure a debt obligation totaling $2,213,114.  The Settling
Creditors filed a proof of claim in the Bankruptcy Case in relation
to this obligation, identified as Claim 6 on the Claims Register.
Claim 6 asserts a total debt in the amount of $2,272,332 as of the
Petition Date.  Although the Debtor has not made any payments on
the Settling Creditor Obligation post-petition, for the purposes of
calculating projected Sale proceeds, the balance as asserted by
Claim 6 will be used.

     2. The Office Building: The Office Building is a 1.41 acre
parcel of land with a small commercial office building.  The Debtor
has a fee simple interest in the Office Building and believes that
the Office Building is encumbered by these liens:

          i. Property Taxes: A lien of defaulted taxes for the
fiscal year 2015-2016, in the amount of $6,852 as of November
2018.

         ii. Property Taxes (non-Debtor): Liens for unsecured
property taxes levied against John Georges and/or Louise Demartino
in the aggregate amount of $1,142.

        iii. First Priority: The Settling Creditor Trust Deed (the
Settling Creditor Obligation is
cross-collateralized against multiple properties).

The Debtor and the Settling Creditors entered into a Settlement
Agreement and Mutual Release, dated July 24, 2018, which was
approved by an order entered Sept. 4, 2018 pursuant to a noticed
motion under Bankruptcy Rule 9019.  Pursuant to the Settlement
Agreement, the Settling Creditors have agreed to fund a "carve out"
totaling $250,000 from the first sale proceeds of certain real
property of the Estate, including the Highway 371 Properties, by
subordinating the Settling Creditor Obligation as to the sale
proceeds from such properties.  To the extent that the proceeds
from any one sale are insufficient to fund the Carve Out in full,
the remainder will be funded from the sale of the other real
properties or through a cash contribution from the Settling
Creditors.

The Debtor previously obtained court approval of the sale of
certain real property located at 4038 Sungate Drive, Palmdale,
California ("Sungate Property") pursuant to a noticed sale motion.
The Sungate Property is also subject to the Carve Out arrangement.
The Debtor believes that the sale of the Sungate Property will
close before the sale of the Highway 371 Properties, and that only
$5,709 of the Carve Out will remain unfunded after the sale of the
Sungate Property has been consummated.

The Debtor employed broker Under 1 Roof Realty Inc., doing business
as ERA Excel Realty, by and through its agent, Robyn Garrison, to
market and sell the Highway 371 Properties.  The Buyer has viewed
the Highway 371 Properties three times since May 2018 and has been
made aware of the issues regarding water access, which are not an
impediment to his planned use of the Highway 371 Properties.

The Debtor will solicit higher and better offers for the Highway
371 Properties by (i) posting a notice of sale on the Danning,
Gill, Diamond & Kollitz, LLP website and (ii) submitting notice of
the Sale to the Court's clerk for publication on the Court's
website pursuant to Local Rule 6004-1(f).

The parties have entered into their Commercial Property Purchase
Agreement and Joint Escrow Instructions dated Oct. 24, 2018.  

The salient terms of the Agreement are:

     a. Sale Price: $325,000, with $100,000 payable upon the close
of escrow.  The Debtor will carry back a note for the remaining
$225,000, which will bear interest at 5% and be repaid within five
years through monthly payments of $1,779 and a balloon payment for
any remaining balance.

     b. Buyer: David Harville

     c. Earnest Money Deposit: The Buyer has deposited the sum of
$5,000 with escrow.

     d. Brokers' Commission: Through escrow, the Debtor, as the
Seller, will pay to the Broker and any broker representing the
Buyer a total broker commission of 8% of the purchase price, as
well as his share of typical and normal closing costs and costs of
sale through escrow.

     e. No Representations or Warranties: The Highway 371
Properties will be sold by the Debtor on an "as is, where is"
basis, without any representations or warranties regarding the
condition of the Highway 371 Properties.

     f. Contingencies: The Sale is subject to certain appraisal,
loan, and inspection contingencies, as described in the Sale
Agreement.

     g. Overbid: The proposed Sale to the Buyer is subject to
overbid.  If the Buyer is not the successful overbidder, his
Deposit will be refunded.

     h. Close of Escrow: The escrow will close no sooner than the
first business day that is at least 15 days after entry of the
Court order approving the Sale Motion.

     i. Tax Consequences: The Debtor expresses no opinion as to
whether there are tax consequences to the Sale.

While the Debtor is prepared to consummate the Sale of the Highway
371 Properties to the Buyer pursuant to the Sale Agreement, he is
obligated to seek the maximum price for the Highway 371 Properties.
Accordingly, it asks that the Court authorizes him to implement
these bid procedures regarding the sale of the Property:

The salient terms of the APA are:

     a. The Buyer and each Qualified Bidder must be present either
physically or telephonically at the hearing on the Sale Motion or
be represented by an individual or individuals with the authority
to participate in the overbid process.

     b. Bid Deadline: 5:00 p.m. (PT) on Dec. 10, 2018

     c. Earnest Money Deposit: $16,250 amde payable to "Viken
Manjikian, Chapter 11 Debtor In Possession"

     d. Initial Overbid: $330,000

     e. Bid Increments: $5,000

The Debtor proposes that the proposed purchase price of $325,000 be
distributed as follows:

     Lump Sum Payment                                     $100,000

     PLUS Contribution from the Debtor to Closing Costs    $12,000
     PLUS Contribution from Buyer to Closing Costs         $12,000
     LESS Non-Commission Costs of Sale (approx. 2%)       
($6,500)
     LESS Brokers' Commissions (8%)                      
($26,000)
     LESS Property Taxes                                  
($8,206)
     LESS Non-Debtor Property Taxes                       
($1,142)
     LESS Princeton Financial Obligation                 
($82,152)
     Total Remaining Funds                                      $0

     Financed Amount                                      $225,000
     LESS Carve Out Remainder (est.)                      
($5,709)
     LESS Payment Toward Settling Creditors             
($219,291)
     Total Remaining Funds:                                     $0

No funds from the Sale proceeds will be distributed to the Settling
Creditors unless and until the Carve Out is fully funded, in which
case any excess Sale proceeds (after the above obligations, costs
of sale, and Carve Out are satisfied) would be distributed to the
Settling Creditors.  The Debtor will maintain the Carve Out funds
in a segregated account pending distribution through the Debtor's
plan on the effective date of the plan.

The Debtor asks that the Court approves the sale of the Highway 371
Properties free and clear of all liens, claims, encumbrances and
interests, to the extent that any exist, with any such Interests to
attach to the sale proceeds.

The Sale Motion is being made on the grounds that the Debtor has
determined, in his business judgment as the fiduciary of his
bankruptcy estate, that it is in the best interest of his Estate to
sell the Highway 371 Properties to the Buyer or any Successful
Bidder offering a higher and better bid for the Highway 371
Properties, because the Sale will satisfy some of the Estate's
secured debt and provide a source of funds for plan payments.
Accordingly, the Debtor asks the Court to approve the relief
sought.

A copy of the Agreement attached to the Motion is available for
free at:

    http://bankrupt.com/misc/Viken_Manjikian_177_Sales.pdf

Viken Manjikian sought Chapter 11 protection (Bankr. C.D. Cal. Case
No. 16-24801) on Dec. 1, 2017.  The Debtor tapped Daniel J.
Weintraub, Esq., at Weintraub & Selth APC, as counsel.



VISTA OUTDOOR: Moody's Affirms B1 CFR, Outlook Negative
-------------------------------------------------------
Moody's Investors Service affirmed all ratings for Vista Outdoor
Inc., including its B1 Corporate Family Rating, B1-PD Probability
of Default Rating and B3 senior unsecured rating. The affirmation
follows the company refinancing its unrated credit facility,
including a senior secured revolving credit facility and senior
secured term loans. The speculative grade liquidity rating was
upgraded to SGL-2 from SGL-3. The rating outlook remains negative.


On November 19, 2018, Vista entered into $600 million of new,
unrated senior secured credit facilities. These are comprised of a
$450 million ABL revolver, a $109 million first lien term loan and
a $40 million second lien term loan. Proceeds from the new credit
facilities were used to repay the company's outstanding debt.

The upgrade of the speculative grade liquidity rating reflects the
loosening of financial covenants that had become a concern in the
former credit facility. The new credit facility does not contain a
leverage covenant, but there is a 1.15 times fixed charge covenant
starting in the quarter ending March 31, 2019.

The negative outlook reflects the continuing risks associated with
Vista's transformation plan to sell select businesses and the
uncertainty over when gun and ammunition demand trends will
stabilize.

Ratings affirmed:

Corporate Family Rating at B1;

Probability of Default Rating at B1-PD;

Senior unsecured notes at B3 (LGD5);

Rating upgraded:

Speculative Grade Liquidity Rating to SGL-2 from SGL-3.

The outlook on all ratings is negative.

RATINGS RATIONALE

Vista's ratings reflect its high debt/EBITDA at over 5.5 times,
weak operating performance and the uncertainty surrounding the gun
industry. Moody's expects Vista's debt/EBITDA to fall below 5 times
in the next 6 to 12 months through earnings growth and debt
repayments with free cash flow. Vista's credit metrics need to be
stronger than other similarly-rated consumer durable companies. The
ratings also reflect Vista's strong competitive position with
leading brands in several niche categories and favorable demand
trends in the U.S. for outdoor activities.

Once the company completes its transformation plan and there is
more clarity around demand trends in the gun industry, the ratings
could be upgraded if operating performance improves. Debt/EBITDA
also needs to be sustained around 3.5 times for an upgrade to be
considered.

Ratings could be downgraded if Vista's operating performance does
not stabilize or if there are significant adverse regulations in
the gun industry. Ratings could also be downgraded if debt/EBITDA
is sustained above 5 times.

Vista Outdoor, based in Anoka, MN, is a manufacturer and marketer
of outdoor sports, recreation products and ammunition. The company
produces a broad product line for the biking, winter sports,
hunting, shooting sports, wildlife watching, archery, and golf
markets. Major brands include Bushnell, BLACKHAWK!, CamelBak,
Savage Arms, Federal, and Camp Chef. Revenue is approximately $2.1
billion.

The principal methodology used in this rating was that for the
Consumer Durables Industry published in April 2017.


WASEEM INC: Case Summary & 12 Unsecured Creditors
-------------------------------------------------
Debtor: Waseem, Inc.
           dba Sabre Spring Hand Car Wash and Detaling
        12620 Sabre Springs Parkway, #101
        San Diego, CA 92128

Business Description: Waseem, Inc. is a privately held company
                      in San Diego, California that operates in
                      the car washing industry.

Chapter 11 Petition Date: December 5, 2018

Court: United States Bankruptcy Court
       Southern District of California (San Diego)

Case No.: 18-07232

Judge: Hon. Margaret M. Mann

Debtor's Counsel: William J. Wall, Esq.
                  WALL LAW OFFICE
                  100 Pacifica, Suite 370
                  92618, Ste 370
                  Irvine, CA 92618
                  Tel: 949-387-4300
                  Fax: 949-860-7890
                  Email: wwall@wall-law.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Waad Sako, president.

A copy of the Debtor's list of 12 unsecured creditors is available
for free at:

      http://bankrupt.com/misc/casb18-07232_creditors.pdf

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

            http://bankrupt.com/misc/casb18-07232.pdf


WEBSTER PLACE: Seeks to Hire Burke Warren as Legal Counsel
----------------------------------------------------------
Webster Place Athletic Club LLC seeks approval from the U.S.
Bankruptcy Court for the Northern District of Illinois to hire
Burke, Warren, MacKay & Serritella, P.C., as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code and will provide other legal services related to
its Chapter 11 case.

Burke Warren charges at these hourly fees:

        David Welch       $450
        Aaron Stanton     $415
        Brian Welch       $310

The firm received $50,000 as an advance payment retainer prior to
the Debtor's bankruptcy filing.

Burke Warren does not hold any interest adverse to the Debtor and
its bankruptcy estate, according to court filings.

The firm can be reached through:

     David K. Welch, Esq.
     Burke, Warren, MacKay & Serritella, P.C.
     330 N. Wabash, 21st Floor
     Chicago, IL 60611
     Tel: 312 840-7000
     Fax: 312-840-7122
     E-mail: dwelch@burkelaw.com

              About Webster Place Athletic Club

Webster Place Athletic Club LLC owns and operates an upscale
athletic club and physical fitness facility located at 1455 West
Webster Avenue, Stores 4 and 5, Chicago, Illinois.

Webster Place Athletic Club sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. N.D. Ill. Case No. 18-30466) on Oct.
30, 2018.  At the time of the filing, the Debtor estimated assets
and liabilities of $1 million to $10 million.  The Hon. Jack B.
Schmetterer is the case judge.  Burke, Warren, MacKay & Serritella,
P.C., is the Debtor's legal counsel.


WOODLAWN COMMUNITY: Has Authority to Use IRS Cash Collateral
------------------------------------------------------------
The Hon. Carol A. Doyle of the U.S. Bankruptcy Court for the
Northern District of Illinois has authorized Woodlawn Community
Development Corp. to use cash collateral wherein the Internal
Revenue Service may have an interest.

The Debtor is authorized to use the funds in its Operating and
General Accounts, as well as $13,724 in the Payroll Account to pay
actual, ordinary, and necessary expenses in the ordinary course of
the Debtor's business, subject to the budget.

On October 23, 2018, the IRS issued a Notice of Levy upon PNC Bank,
N.A., where the Debtor maintained three pre-petition bank accounts.
The Current balance in each of the three accounts is as follows:

           (a) Operating Account -- $106,186.45
           (b) General Account -- $17,852.15
           (c) Payroll Account -- $106,936.67

As a result of the Notice of Levy, the Debtor has been prohibited
from transferring the monies from two of the accounts -- the
Operating Account and General Account, into the new DIP accounts or
otherwise using those funds in the ordinary course of its business.


The IRS asserts a lien on all funds in the Operating Account and
General Account, and only $13,724.06 in the Payroll Account. The
Chicago Housing Authority ("CHA") asserts that the remainder of
funds in the Payroll Account ($93,212.61) is property of the CHA.
The IRS does not assert a lien in the CHA funds in the Payroll
Account.

In consideration for the use of its cash collateral, the IRS will
receive the following as adequate protection pursuant to section
363 of the Bankruptcy Code:

     (a) The IRS will be granted a replacement lien of the same
priority and to the same extent and in the same collateral as the
IRS had on the Petition Date;

     (b) The Debtor will pay $2,500 to the IRS no later than the
15th day of each month; and

     (c) The right to petition the Court for any such additional
protection it may reasonably require, including without limitation,
the IRS's right to request additional adequate protection of its
interests in the cash collateral or relief from or modification of
the automatic stay under section 362 of the Bankruptcy Code.

Under the Interim Order, the consulting fees to DR Nixon and to
Billy McGhee will not be paid until further order of the Court.

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

             http://bankrupt.com/misc/ilnb18-29862-47.pdf

                 About Woodlawn Community Development

Founded in 1972, Woodlawn Community Development Corp. --
https://www.wcdcchicago.com/ -- manages and develops affordable
housing for families in the Greater Metro Chicago area.

Woodlawn Community Development Corp., based in Chicago, Illinois,
filed a Chapter 11 petition (Bankr. N.D. Ill. Case No. 18-29862) on
Oct. 24, 2018.  In the petition signed by Leon Finney, Jr.,
president and CEO, the Debtor estimated $50 million to $100 million
in both assets and liabilities.  The Hon. Carol A. Doyle presides
over the case. David R. Herzog, Esq., at Herzog & Schwartz, P.C.,
serves as bankruptcy counsel.


WOW WEE: Selling Postpetition Account Receivables to Meet Expenses
------------------------------------------------------------------
Wow Wee, LLC, asks the U.S. Bankruptcy Court for the Eastern
District of Louisiana to authorize it:

   (i) to sell, postpetition, six accounts receivable totaling
$38,786 to Cash Flow Resources ("CFR") in order to meet its payroll
and operating expenses for the remainder of the month of November
2018 (i.e., Nov. 15 to 30, 2018);

  (ii) to sell nine postpetition accounts receivable totaling
$74,271 to CFR for the purpose of meeting its payroll and operating
expenses for the month of December 2018; and

(iii) to sell, postpetition, certain accounts receivable to CFR
each month thereafter, in a minimum or base monthly amount of
$70,700, in order to meet its payroll and operating expenses for
the month of January 2018, and each month thereafter.

CFR is a secured creditor of the Debtor, and possesses a security
interest in the Debtor's prepetition accounts receivable and
mortgage on its Cut Off Property.

More particularly, reference is made to the documents evidencing
the Debtor's indebtedness to CFR, and CFR's security interest in
the Debtor's prepetition accounts receivable and mortgage on the
Cut Off Property, to-wit:

     (i) Note dated March 2, 2018, executed by Wow Wee, LLC, and
made payable to the order of CFR for the total amount due under a
certain Factoring Agreement, dated Nov. 8, 2017, by and between Wow
Wee, LLC and CFR, payable on April 30, 2019, and having a balance
due of $32,774, as of Oct. 12, 2018;

    (ii) Factoring Agreement, dated Nov. 8, 2017, by and between
Wow Wee, LLC and CFR, under the terms and provisions of which the
debtor did sell, assign, and transfer to CFR, as absolute owner,
those accounts receivable as are listed from time to time on a
schedule of accounts that has been approved by CFR;

    (iii) First Addendum to Factoring Agreement, dated Nov. 8,
2017, executed by Wow Wee, LLC and CFR;

     (iv) Second Addendum to Factoring Agreement, dated March 2,
2018, executed by Wow Wee, LLC and CFR; and

      (v) Multiple Indebtedness Mortgage, dated March 2, 2018,
executed by Wow Wee, LLC, as mortgagor, and CFR, as mortgagee,
encumbering the Cut Off Property.

Under the terms and provisions of the Factoring Agreement, Wow Wee
(i) sells, assigns and sets over to CFR, as absolute owner, such
accounts as are listed from time to time on a Schedule of Accounts
approved by CFR; and (ii) notwithstanding CFR's holding of a
pledge, assignment and continuing security interest in the Debtor's
prepetition accounts and/or accounts receivable, the Factoring
Agreement also provides that the relationship of the parties
thereto will be that of the purchaser and the seller of those
accounts and not that of lender and borrower.

Under the further terms and provisions of the Factoring Agreement,
Wow Wee pays to CFR these fees:

     1. Incremental Discount Charges: On the last day of the month
during which it accrues all Incremental Discount Charges.

     2. Additional Fee Charged on Purchased Accounts.

          (a) Seller further promises to pay to CFR interest on,
and interest will accrue upon the amount of the Approved Purchase
Accounts Investment (existing from time to time) at a rate per
annum equal to the Prime Rate plus two hundred basis points (2%)
per annum, which interest rate will change as and when such Prime
Rate changes, and will be payable in payments of accrued interest
only monthly in arrears on the last day of each month and upon the
termination of the Agreement.

          (b) Seller further promises to pay to CFR interest on,
and interest will accrue upon, the amount of the Over-Advance
(existing from time to time), at a rate per annum equal to 36% per
annum, and will be payable in payments of accrued interest only
monthly in arrears on the last day of each month and upon
termination of the Agreement.

          (c) The amount of interest accruing hereunder will be
computed based on the actual days elapsed over a year composed of
360 days.

     3. Misdirected Payment Fee: All Misdirected Payment Fees
immediately upon accrual.

     4. Minimum Fee: All amounts by which the aggregate Initial
Discount Charge and Incremental Discount Charges earned on any
purchase Account are less than the Minimum Fee, to be paid on the
day such Purchased Account is Repurchased or has been paid in full
by the Account Debtor.

     5. Late Charge: The Late Charge is on:

          (a) all past due amounts due from the Seller to CFR,
payable monthly in arrears on the last day of each month and upon
the termination of the Agreement; and

          (b) the amount of any Reserve Shortfall, payable monthly
in arrears on the last day of each month and upon termination of
the Agreement.

For the reasons set forth, the Debtor asks that the Court approve
the relief sought.

A copy of the Factoring Agreement attached to the Motion is
available for free at:

         http://bankrupt.com/misc/Wow_Wee_34_Sales.pdf

                         About Wow Wee

The  business of Wow  Wee, LLC, consists of the wholesale and
retail sale of various
"dipping sauces" that it produces at its facility in Cut Off,
Louisiana.

Wow Wee, LLC, filed a voluntary petition for relief under Chapter
11 of Title 11, United States Code (Bankr. E.D. La. Case No.
18-12729) on Oct. 12, 2018, estimating under $1 million in assets
and liabilities.  Darryl T. Landwehr, Esq., at Landwehr Law Firm,
is the Debtor's counsel.


[^] BOOK REVIEW: Crafting Solutions for Troubled Businesses
-----------------------------------------------------------
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Publisher:  Beard Books
Hardcover:  316 pages
List Price: US$74.95

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companies or seeking to identify turnaround investment
opportunities.



                            *********

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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
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