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         T R O U B L E D   C O M P A N Y   R E P O R T E R

              Monday, December 31, 2018, Vol. 22, No. 364

                            Headlines

3601 CROSSROADS: Seeks Feb. 28 Exclusive Filing Period Extension
461 NEW LOTS: Case Summary & 3 Unsecured Creditors
AC INVESTMENT 1: Exclusive Plan Filing Period Extended to Feb. 9
ALBANY MOLECULAR: Bank Debt Trades at 5% Off
ALBERTSON'S INC: Bank Debt Trades at 4% Off

ALTA MESA: S&P Lowers Issuer Credit Rating To 'CCC+', Outlook Dev.
ALTADENA LINCOLN: Taps Valeo Schultz as Consultant & Expert Witness
ARCIMOTO INC: Secures $4.5M Financing for Vehicle Production
ARLEN HOUSE: Exclusive Plan Filing Period Extended Until March 20
ARP FAMILY: U.S. Trustee Unable to Appoint Committee

ARQUIDIOCESIS DE SAN JUAN: Seeks Feb. 28 Plan Exclusivity Extension
ARTISTICO CONSTRUCTION: Seeks to Hire Van Horn as Legal Counsel
BAUSCH HEALTH: $1.5BB Bank Debt Trades at 5% Off
BAUSCH HEALTH: $4.565BB Bank Debt Trades at 4% Off
BEARCAT ENERGY: Committee Seeks to Hire Allen Vellone as Counsel

BRIDAN 770: Exclusive Plan Filing Period Extended Until Feb. 27
C & B REHAB: Voluntary Chapter 11 Case Summary
CADIZ INC: Amends Option Agreement with El Paso Natural
CAFE HOLDINGS: Committee Hires Nelson Mullins as Co-Counsel
CAFE HOLDINGS: Committee Taps Pachulski Stang Ziehl as Counsel

CATALINA MARKETING: Hires Richards Layton as Bankruptcy Co-Counsel
CATALINA MARKETING: Hires Weil Gotshal as Attorney
CATALINA MARKETING: Taps Centerview Partners as Investment Banker
CATALINA MARKETING: Taps FTI Consulting as Financial Advisor
CATALINA MARKETING: Taps Prime Clerk as Administrative Advisor

CENGAGE: Bank Debt Trades at 15% Off
CENTURYLINK INC: Bank Debt Trades at 7% Off
CHOATES GENERAL: Taps Oliver Youssef as Accountant
COMMERCIAL GRINDING: Case Summary & 5 Unsecured Creditors
COMMUNICATION SALES: Bank Debt Trades at 11% Off

COMPLETE DISTRIBUTION: Hires E.P. Bud Kirk as Attorney
CONSTELLIS HOLDINGS: S&P Lowers ICR to 'B', Outlook Stable
CONTINENTAL WHOLESALE: Case Summary & 20 Top Unsecured Creditors
COWN AND COMPANY: To Hold Public Auction on Collateral
CREATIVE LEARNING: Hires Rick S. Cowle as Bankruptcy Counsel

DEL MONTE: Bank Debt Trades at 18% Off
DPW HOLDINGS: Eliminates Its Series C Preferred Stock
DPW HOLDINGS: Hosts Annual Shareholder Meeting
DPW HOLDINGS: Shareholders Elect Six Directors
DTI HOLDCO: Bank Debt Trades at 7% Off

DTV INC: Seeks to Hire Buckingham Doolittle as New Counsel
EAST END BUS: Delays Plan to Finalize Negotiations With Lenders
ENDEMOL ENTERTAINMENT: Bank Debt Trades at 4% Off
ENNIA CARIBE: Court Recognizes Curacao Rehabilitation Proceeding
EST GROUP: Case Summary & 20 Largest Unsecured Creditors

EVERGREEN INFORMATION: Exclusive Filing Period Extended to March 7
G.A.F. SEELIG: Exclusive Filing Period Extended Through April 26
GARY REED ENTERPRISES: Delays Plan Until Operations Stabilizes
GEO GROUP: Bank Debt Trades at 7% Off
GILLESPIE OFFICE: Denial of Bid for Ruling as Matter of Law Upheld

GOD'S HOUSE OF REFUGE: Voluntary Chapter 11 Case Summary
GRIMM BROTHERS: Seeks to Hire Moretsky Law Firm as New Counsel
GULF COAST MEDICAL: Exclusive Plan Filing Period Moved to Dec. 31
HARTLAND MMI: Court Awards Winterton Law Firm $244K as Compensation
HOUTEX BUILDERS: Exclusive Plan Filing Deadline Moved to Feb. 4

INDUSTRIAL FABRICATION: Has Until Dec. 31 to Exclusively File Plan
JEP REALTY: Plan Filing Exclusivity Period Extended Until March 19
JEP REALTY: Seeks March 19 Exclusive Plan Filing Extension
JME TRUCKING: Court Conditionally Approves Disclosure Statement
K.E. MARTIN: Seeks Jan. 18 Exclusive Plan Filing Deadline Extension

KADMON HOLDINGS: Chairman Bart Schwartz Will Step Down from Board
KANSAS CITY PEDIATRICS: Case Summary & 20 Top Unsecured Creditors
LNB-002-2013: Exclusive Plan Filing Period Extended Until March 27
LUMILEDS HOLDINGS: Bank Debt Trades at 16% Off
MACDONALD DETTWILER: Bank Debt Trades at 8% Off

MAMMOET-STARNETH: Exclusive Periods Extended Through April 3
MAURICE SPORTING: Seeks March 18 Exclusive Filing Period Extension
MED CARE EMERGENCY: Hires Rolando M. Flores as Accountant
MIAH INVESTMENTS: Seeks to Hire Hoff Law Offices as Counsel
MICROCHIP TECHNOLOGY: Bank Debt Trades at 5% Off

MLW LLC: Exclusive Plan Filing Period Extended Until Feb. 12
NANDINI INC: Case Summary & Unsecured Creditor
NATIONAL MANAGEMENT: Seeks Feb. 19 Exclusivity Period Extension
NEIMAN MARCUS: Bank Debt Trades at 16% Off
NEONODE INC: Will Raise $4.7 Million in Private Placement

NINE WEST: Plan Filing Exclusivity Period Extended Through Jan. 15
NMS FABRICATIONS: Has Until Dec. 31 to Exclusively File a Plan
OAKSHIRE MUSHROOM: Voluntary Chapter 11 Case Summary
OCEANAIR LINHAS: Chapter 15 Case Summary
ON ASSIGNMENT: Bank Debt Trades at 3% Off

ORTEGA'S MEXICAN: Wants to Maintain Plan Exclusivity Through Feb. 1
PAREXEL INTERNATIONAL: Bank Debt Trades at 9% Off
PARKER DRILLING: Stock Transfer Final Hearing Set for January 3
PARKER DRILLING: Unsecured Claims Total $14.5MM Under Joint Plan
PETROLEUM HELICOPTERS: Egan-Jones Cuts Sr. Unsec. Ratings to CCC+

QUANTUM CORP: Provides Corporate Governance Information
QUANTUM CORP: Secures $210 Million in Long-Term Financing
RECREATE MED SPA: U.S. Trustee Unable to Appoint Committee
SCIENCE APPLICATIONS: Bank Debt Trades at 4% Off
SERTA SIMMONS: Bank Debt Trades at 17% Off

SHILOH MISSIONARY: Seeks to Hire Buddy D. Ford as Counsel
SKILLSOFT CORP: Bank Debt Trades at 19% Off
SKYMARK PROPERTIES: Case Summary & 19 Unsecured Creditors
SMART & FINAL: Bank Debt Trades at 8% Off
SOUTHWEST SERVICES: U.S. Trustee Unable to Appoint Committee

SPINE ORTHOPEDIC: Seeks March 2 Plan Exclusivity Period Extension
SWIFT AIR: Breach of Fiduciary Duty Claims vs Ex-Officers Remain
SYNCHRONOSS TECHNOLOGIES: Egan-Jones Lowers Sr. Unsec. Ratings to B
SYNTHESIS INDUSTRIAL: Feb. 13 Plan Confirmation Hearing
TELL MY PEOPLE: Seeks May 1 Exclusive Plan Filing Period Extension

TENNECO INC: Bank Debt Trades at 6% Off
TINTRI INC: Taps Onyx Asset Advisors as Valuation Advisor
TM VILLAGE: Hires Transwestern as Realtor
TOYS R US: Propco I Debtors Eye on Confirmation of Plan Structure
TX SUPERIOR: Seeks to Hire Smeberg Law Firm as Counsel

UNIVERSAL SERVICES: $1.26BB Bank Debt Trades at 5% Off
UNIVERSAL SERVICES: $100MM Bank Debt Trades at 5% Off
VALADOR INC: Seeks to Hire Richard Hall as Bankruptcy Attorney
VARADERO @ PALMAS: Case Summary & Unsecured Creditor
WALDEN PALMS CONDOMINIUM: Case Summary & 20 Unsecured Creditors

WAYPOINT LEASING: Section 341 Meeting Set for Jan. 16
WAYPOINT LEASING: Seeks to Hire A&L Goodbody as Irish Law Advisor
WAYPOINT LEASING: Seeks to Hire FTI as Financial Advisor
[*] S&P Puts Ratings on 7 Prison Project Bond Issuers on Watch Neg.

                            *********

3601 CROSSROADS: Seeks Feb. 28 Exclusive Filing Period Extension
----------------------------------------------------------------
3601 Crossroads, LLC, asks the U.S. Bankruptcy Court for the
Northern District of Illinois to further extend (a) the exclusivity
period in which to file its Plan and Disclosure Statement from Dec.
31, 2018 to Feb. 28, 2019; and (b) the date for the Debtor to
solicit acceptance of the Plan from Feb. 28, 2019 to April 30,
2019.

On April 27, 2018, Rialto Capital Advisors, LLC, Special Servicer
and Attorney-in-Fact on behalf of Wells Fargo Bank the Debtor's
largest creditor, filed a Proof of Claim as Claim # 5 -- asserting,
among others that "the Debtor is liable to and owes Rialto Capital
accrued and unpaid principal, interest, costs and fees, in the
aggregate amount of no less than $8,114,807."

The Debtor denies any defaults occurred under the Loan Documents
which form the basis of Claim #5.  The Debtor asserts that although
it has timely paid all monthly mortgage obligations to its Lender,
the Bank's Master Servicer (Wells Fargo Bank, N.A.) delivered a
Notice of Sweep Event on July 22, 2016 and seized control of
Debtor's depository, reserve and excess cash accounts.

In order to resolve Claim #5, the Debtor sought and obtained leave
to conduct Rule 2004 discovery on the Master Servicer and Special
Servicer. Similarly, Rialto filed a Motion for Order Directing
Debtor's Examination and Production of Documents Pursuant to
Bankruptcy Rule 2004, which was granted on May 15, 2018.

Both parties are currently engaged in significant discovery
activities requiring substantial document review and the imminent
exchange of voluminous documents in the past three months. Two of
Debtor's representatives and one of Rialto's representatives have
recently been deposed. The Debtor is currently working with counsel
for Wells Fargo to arrange the 2004 examinations of the Wells Fargo
representatives.

The Debtor believes that the extension is necessary because it is
not possible to formulate any Plan of Reorganization until Claim
#5, a secured claim accounting for 99.1% of the dollar value of all
claims filed, is resolved. Accordingly, any delay caused by the
requested extension cannot prejudice the body of creditors because
unless and until this secured claim is disallowed these same
creditors would receive nothing or a de minimus distribution on
account of their claims.

                     About 3601 Crossroads

3601 Crossroads, LLC, is a real estate lessor that owns in fee
simple a property located at 3601 Algonquin Rd., Rolling Meadows,
Illinois, having an assessed value of $5.45 million. The Company
posted gross revenue of $2.51 million in 2017 and gross revenue of
$2.11 million in 2016.

3601 Crossroads filed for Chapter 11 protection (Bankr. N.D. Ill.
Case No. 18-06600) on March 7, 2018.  In its petition signed by
Thomas L. Kolschowsky, senior vice president/corporate counsel, the
Debtor disclosed total assets of $5.47 million and liabilities
totaling $7.98 million.

The Hon. Timothy A. Barnes is the case judge.

John A. Lipinsky, Esq., of Clingen Callow & Mclean, LLC, serves as
the Debtor's counsel.


461 NEW LOTS: Case Summary & 3 Unsecured Creditors
--------------------------------------------------
Debtor: 461 New Lots Avenue LLC
        626 Wyona Street
        a/k/a 461 New Lots Avenue
        Brooklyn, NY 11207

Business Description: 461 New Lots Avenue LLC is a lessor of real
                      estate based in Brooklyn, New York.  The
                      Company owns a mixed-use commercial/
                      residential building located at 626 Wyona
                      Street a/k/a 461 New Lots Avenue, Brooklyn,
                      NY 11207 having an appraised value of $1.27
                      million.

Chapter 11 Petition Date: December 27, 2018

Court: United States Bankruptcy Court
       Eastern District of New York (Brooklyn)

Case No.: 18-47371

Judge: Hon. Nancy Hershey Lord

Debtor's Counsel: Todd S. Cushner, Esq.
                  CUSHNER & ASSOCIATES, P.C.  
                  399 Knollwood Road, Suite 205
                  White Plains, NY 10603
                  Tel: 914-600-5502
                  Fax: 914-600-5544
                  E-mail: todd@cushnerlegal.com

Total Assets: $1,382,870

Total Liabilities: $1,126,063

The petition was signed by Desmond R. John, Sr., managing member.

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

              http://bankrupt.com/misc/nyeb18-47371.pdf


AC INVESTMENT 1: Exclusive Plan Filing Period Extended to Feb. 9
----------------------------------------------------------------
The Hon. Robert A. Mark of the U.S. Bankruptcy Court for the
Southern District of Florida, at the behest of AC Investment 1,
LLC, has extended the exclusive period for Debtor to file a plan by
90 days to Feb. 9, 2019, and the acceptance period, 60 days
thereafter.

The Troubled Company Reporter has previously reported that the
Debtor asked for exclusivity extension because it is still
investigating the Bank's claim that was filed on Aug. 28, 2018. The
Debtor and the Bank are currently exploring settlement options.

                     About AC Investment 1

AC Investment 1, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. S.D. Fla. Case No. 18-18379) on July 11, 2018.  In the
petition signed by Agostinho Calcada, MBR, the Debtor estimated
under $1 million in assets and liabilities.  Joel M. Aresty P.A. is
the Debtor's counsel.  No official committee of unsecured creditors
has been appointed in the Chapter 11 case.


ALBANY MOLECULAR: Bank Debt Trades at 5% Off
--------------------------------------------
Participations in a syndicated loan under which Albany Molecular
Research Inc. is a borrower traded in the secondary market at 95.17
cents-on-the-dollar during the week ended Friday, December 21,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 2.43 percentage points from
the previous week. Albany Molecular pays 325 basis points above
LIBOR to borrow under the $655 million facility. The bank loan
matures on August 31, 2024. Moody's rates the loan 'B2' and
Standard & Poor's gave a 'B' rating to the loan. The loan is one of
the biggest gainers and losers among 247 widely quoted syndicated
loans with five or more bids in secondary trading for the week
ended Friday, December 21.


ALBERTSON'S INC: Bank Debt Trades at 4% Off
-------------------------------------------
Participations in a syndicated loan under which Albertson's
Incorporated is a borrower traded in the secondary market at 95.56
cents-on-the-dollar during the week ended Friday, December 21,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 2.07 percentage points from
the previous week. Albertson's Incorporated pays 300 basis points
above LIBOR to borrow under the $1.596 million facility. The bank
loan matures on June 27, 2023. Moody's rates the loan 'Ba2' and
Standard & Poor's gave a 'BB-' rating to the loan. The loan is one
of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, December 21.


ALTA MESA: S&P Lowers Issuer Credit Rating To 'CCC+', Outlook Dev.
------------------------------------------------------------------
S&P Global Ratings lowers its issuer credit rating on Alta Mesa
Resources Inc. and its subsidiary Alta Mesa Holdings L.P. to 'CCC+'
from 'B'.

At the same time, S&P is lowering its issue-level rating on Alta
Mesa Holdings' senior unsecured debt to 'CCC+' from 'B'.

The downgrade reflects the operational inconsistencies in Alta
Mesa's planning and production. The recently announced changes to
the company's senior management team have added further uncertainty
around the future direction of its business and its financial and
operational performance. On Dec. 20, 2018, Alta Mesa announced the
resignation of its Chief Executive Officer and Chief Operating
Officer. This announcement followed a significant decline in the
company's stock and bond prices. The weakened pricing on Alta
Mesa's senior unsecured bonds leads S&P to believe that the company
could consider a distressed transaction.  Further, the management
changes add uncertainty at a time of weakening crude oil prices and
market sentiment and the company is not expected to release an
updated operational and financial strategy until early 2019.

The developing outlook on Alta Mesa reflects the uncertainty around
the company's operational and financial direction following its
recent management changes and operational misses. The developing
outlook also reflect the potential that S&P will raise, lower, or
affirm its ratings on the company over the next 12 months based on
its revised expectations.

S&P said, "We could lower our rating on Alta Mesa if the company
resumes its strategy of aggressively increasing its reserves and
production without putting an adequate financing plan in place that
would allow it to maintain sufficient liquidity. Additionally, we
could lower our ratings if we expect the company to pursue a
distressed transaction on its senior notes given that they are
currently trading significantly below par value.

"We could raise our ratings on Alta Mesa if the company's new
management team outlines a strategy that will support its financial
performance, including a funds from operations-to-debt ratio of
about 12% and a debt-to-EBITDA metric of around 5x, while
maintaining sufficient liquidity. We expect this would require the
company to significantly reduce its capital spending to levels that
limited its negative free cash flows, if any, and provided modest
to flat production growth under our base-case assumptions.
Additionally, we would also need to be confident that the company
would not undertake a potential distressed exchange or other
similar transaction. In order to raise the rating, these actions
would likely need to occur in concert with a more modest financial
strategy and improving market conditions."


ALTADENA LINCOLN: Taps Valeo Schultz as Consultant & Expert Witness
-------------------------------------------------------------------
Altadena Lincoln Crossing LLC seeks approval from the U.S.
Bankruptcy Court for the Central District of California to hire
Valeo Schultz, MAI, as a consultant and expert witness.

Mr. Schultz will advise and assist the Debtor with respect to the
valuation of the Debtor's Property at issue in the case, the
profitability of the 24-Hour Fitness Center, prepare a review
appraisal of the appraisal report by Michael Popwell, and evaluate
the feasibility of the Debtor’s Fifth Amended Plan of
Reorganization.

Mr. Schultz's hourly rate is $325 per hour for investigation, field
work, research, preparation or consultation services, and $425 per
hour for deposition testimony or testimony in court, including
drive time, with a one-half day minimum.

Valeo Schultz, MAI, principal of Valeo Schultz, MAI Applied
Valuation Economics, attests that he does not hold or represent an
interest adverse to the estate, and is disinterested within the
meaning of Bankruptcy Code Section 101.

The firm can be reached at:

    Valeo Schultz, MAI
    Valuation Economics
    10866 Washington Boulevard, Suite 5
    Culver City, CA 90232.
    Email: valeo@valuecon.com

                About Altadena Lincoln Crossing

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

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

Judge Julia W. Brand presides over Altadena's case.  


James A Tiemstra, Esq., at Tiemstra Law Group PC serves as the
Debtor's bankruptcy counsel. Gregory M. Salvatao Esq. at Salvato
Law Offices serves as the Debtor's general bankruptcy and
litigation counsel.  Coldwell Banker Commercial North Country
serves as the Debtor's real estate broker.


ARCIMOTO INC: Secures $4.5M Financing for Vehicle Production
------------------------------------------------------------
Arcimoto, Inc., has raised $4.5 million in funding and is now
targeting production of the world's first Fun Utility Vehicles for
retail customers in the first quarter of 2019.

The financing, led by FOD Capital, LLC, included the purchase of
500,000 shares of Arcimoto's common stock at a purchase price of
$3.00 per share, as well as the issuance of a $3.0 million senior
secured note, which bears 10% interest over a one-year term, and a
warrant to purchase 942,857 shares of registered FUV common stock
for $3.50 per share.  ROTH Capital Partners acted as a financial
advisor for the transaction.

"This financing will allow Arcimoto to take the next critical step:
the semi-automated manufacture, assembly, and delivery of our first
retail vehicles.  With global demand for electric vehicles
accelerating, we are confident that Arcimoto's vision -- of a
capital efficient enterprise producing affordable, efficient,
small-footprint EVs designed for everyday driving – is
well-timed," said Mark Frohnmayer, president and founder of
Arcimoto. He continued, "We believe this funding positions us to
begin delivering on our 3,250 customer pre-orders, as well as
deploy rental fleets in key destination cities."

Arcimoto's current pre-order deposits represent approximately $49
million in anticipated sales revenue for the Company.

                       About Arcimoto, Inc.

Headquartered in Eugene, Oregon, Arcimoto, Inc. (NASDAQ: FUV) --
http://www.arcimoto.com/-- is engaged primarily in the design and
development of ultra-efficient three-wheeled electric vehicles.
Over the course of its first ten years, the Company designed built
and tested eight generations of prototypes, culminating in the Fun
Utility Vehicle.  The Fun Utility Vehicle is a pure electric
solution that is approximately a quarter of the weight, takes up a
third of the parking space of, and is dramatically more efficient
than the average passenger car in the United States.

The report from the Company's independent accounting firm
DBBMckennon, the Company's auditor since 2016, on the consolidated
financial statements for the year ended Dec. 31, 2017, includes an
explanatory paragraph stating that the Company has suffered
recurring losses from operations and has earned limited revenues
from its intended operations, which raises substantial doubt about
its ability to continue as a going concern.

Arcimoto incurred a net loss of $3.31 million in 2017 and a net
loss of $1.91 million in 2016.  As of Sept. 30, 2018, the Company
had $11.81 million in total assets, $3.08 million in total
liabilities, and $8.72 million in total stockholders' equity.


ARLEN HOUSE: Exclusive Plan Filing Period Extended Until March 20
-----------------------------------------------------------------
The Hon. A. Jay Cristol of the U.S. Bankruptcy Court for the
Southern District of Florida approved Arlen House East 715, LLC's
request for an extension of the exclusive period for it to file a
plan until March 20, 2019, and 60 days after that or until May 20,
2019, to solicit plan votes.

The Troubled Company Reporter has previously reported that the
Debtor sought for exclusivity extension to allow it to proceed with
its negotiation with Ocwen Bank, and perhaps for mediation.  The
Debtor and Ocwen have not yet negotiated a consensual plan because
Ocwen has not shown up in Debtor's case yet.

                  About Arlen House East 715

Based in Miami Beach, Florida, Arlen House East 715, LLC, filed a
voluntary petition under chapter 11 of the U.S.  Bankruptcy Code
(Bankr. S.D. Fla. Case No. 18-16263) on May 24, 2018. In the
petition signed by Laurent Benzaquen, as the authorized
representative, the Debtor estimated under $1 million in both
assets and liabilities.  Joel M. Aresty, Esq., at Joel M. Aresty,
P.A., is the Debtor's counsel.


ARP FAMILY: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of ARP Family Farms as of Dec. 26, according to
a court docket.

                       About ARP Family Farms

ARP Family Farms G.P. is a privately held company in Chandler,
Arizona that operates in the agricultural industry.

ARP Family Farms, based in Chandler, AZ, filed a Chapter 11
petition (Bankr. D. Ariz. Case No. 18-14173 on Nov. 19, 2018.  In
the petition signed by Nathan Arp, manager, Ephesians 3:20 Farms,
LLC, the Debtor estimated $10 million to $50 million in assets and
liabilities.  The Hon. Daniel P. Collins presides over the case.
Pernell W. McGuire, Esq., at Davis Miles McGuire Gardner, PLLC,
serves as bankruptcy counsel.


ARQUIDIOCESIS DE SAN JUAN: Seeks Feb. 28 Plan Exclusivity Extension
-------------------------------------------------------------------
Arquidiocesis de San Juan de Puerto Rico asks the U.S. Bankruptcy
Court for the District of Puerto Rico for an extension of the
exclusivity period, until Feb. 28, 2019, to submit its Disclosure
Statement and Plan of Reorganization, and a subsequent extension of
60 days after an order approving the Disclosure statement is
entered to solicit votes for confirmation of its Plan.

The Debtor asserts that cause exists to extend the exclusivity
period due to the fact that there is pending litigation regarding
the scope of the Debtor's estate, the ongoing negotiations with
main creditors and the pending motion to dismiss.

The Debtor's bankruptcy petition was prompted by the series of
pre-judgment attachments on behalf of the state court plaintiffs in
the cases (a) Yali Acevedo Feliciano et als. v. Iglesia Catolica
Apostolica y Romana et als., Case No. SJ2016cv00131; (b) Sonia
Arroyo Velazquez, et als. v. Iglesia Catolica Apostolica y Romana
et als., Case No. SJ2016cv00143; and (c) Elsie Alvarado Rivera, et
als. v. Iglesia Catolica Apostolica y Romana et als., Case No.
SJ2016cv00156. These attachments not only were made to the bank
accounts of the Archdiocese in Banco Popular de Puerto Rico, but
also to the Banco Popular bank accounts of the Parishes within the
archdiocese. These attachments were approximately $4.7 million, of
which approximately $3.8 million was an administrative freeze
imposed to the accounts of the Parishes and the amount of $606,569
was tendered on Aug. 24, 2018 to the marshal and was deposited in
the Unidad de Cuentas del Tribunal de Primera Instancia Sala
Superior de San Juan, Cash No. SJ2016cv00131 RE34336-22UG18.

In addition, on Sept. 7, 2018, the Court under Adversary Proceeding
No. 18-00099 (EAG) held that automatic stay "benefits and protects
against collection actions and asset attachments and seizures, all
the assets of the Roman Catholic Church of Puerto Rico, unless
those assets are owned by fragments of the Church that are formally
incorporated." Thereafter, what was originally envisioned as the
Chapter 11 case of the Archdiocese has included its 146 parishes
and the other un-incorporated Dioceses and their respective
parishes, each are over 200 distinct and separate economic units.

Thereafter, the Diocese of Ponce and the Diocese of Mayaguez filed
a motion for the partial withdrawal of the reference. This matter
is currently pending before the U.S. District Court for the
District of Puerto Rico and there has been no adjudication. Due to
this filing the Dioceses have not submitted their financial
information.

The Debtor also has two appeals pending: (a) Case No. 18-1931 on
the issue of the retroactive remand pending before the U.S. Court
of Appeals for the First Circuit and (b) the filing of the petition
for Writ of Certiorari before the Supreme Court of the United
States in order to seek review of the Opinion of the Puerto Rico
Supreme Court dated June 11, 2018.

The Debtor asserts that all these matters can impact the scope and
extent of its estate and may have a substantial effect on the
Debtor's Disclosure Statement and Plan of Reorganization. They are
also directly related to the pending Motion to Dismiss filed by the
U.S. Trustee, which will be considered on Jan. 25, 2019.

Moreover, the Debtor is also in negotiations with the main
creditors that may have a substantial impact on the Plan of
Reorganization that Debtor will propose and the treatment given to
these creditors.

Given all these present facts, the Debtor needs an extension of
time to file its Disclosure Statement and Plan of Reorganization.

                        About Arquidiocesis
                    de San Juan de Puerto Rico

Arquidiocesis de San Juan de Puerto Rico -- http://www.arqsj.org/
-- is an unincorporated religious association in San Juan, Puerto
Rico.

Arquidiocesis de San Juan de Puerto Rico, a/k/a Iglesia Catolica
Apostolica Y Romana, Arquidiocesis De San Juan De Puerto Rico,
filed a petition for relief under Chapter 11 of the Bankruptcy Code
(Bankr. D.P.R. Case No. 18-04911) on Aug. 29, 2018.  In the
petition signed by Father Alberto Arturo Figueroa Morales, vicar
general, the Debtor estimated $10 million to $50 million in assets
and liabilities.  Carmen D. Conde Torres, Esq., at C. Conde &
Assoc., is the Debtor's counsel.


ARTISTICO CONSTRUCTION: Seeks to Hire Van Horn as Legal Counsel
---------------------------------------------------------------
Artistico Construction Inc. seeks approval from the U.S. Bankruptcy
Court for the Southern District of Florida to hire Van Horn Law
Group, P.A., as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; represent the Debtor in negotiation with its
creditors in the preparation of a bankruptcy plan; and provide
other legal services related to its Chapter 11 case.

Van Horn Law Group charges these hourly fees:

         Chad Van Horn, Esq.        $450
         John Schank, Esq.          $350
         Associates                 $350
         Jay Molluso                $300
         Law Clerk                  $175
         Paralegal                  $175

The firm has required an initial retainer of $3,283, plus the
filing fee of $1,717.

Chad Van Horn, Esq., a partner at Van Horn Law Group, disclosed in
a court filing that he and his firm do not represent any interest
adverse to the Debtor and its bankruptcy estate.

The firm can be reached through:

     Chad T. Van Horn, Esq.
     Van Horn Law Group, P.A.
     330 N. Andrews Ave., Suite 450
     Fort Lauderdale, FL 33301
     Phone: (954) 765-3166
     Email: Chad@cvhlawgroup.com

                  About Artistico Construction

Artistico Construction Inc. sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. S.D. Fla. Case No. 18-24869) on Nov.
29, 2018.  At the time of the filing, the Debtor estimated assets
of less than $50,000 and liabilities of less than $500,000.  The
case has been assigned to Judge Raymond B. Ray.  Van Horn Law
Group, P.A., is the Debtor's counsel.



BAUSCH HEALTH: $1.5BB Bank Debt Trades at 5% Off
------------------------------------------------
Participations in a syndicated loan under which Bausch Health Co
[fka Valeant Pharmaceuticals International] is a borrower traded in
the secondary market at 95.38 cents-on-the-dollar during the week
ended Friday, December 21, 2018, according to data compiled by
LSTA/Thomson Reuters MTM Pricing. This represents a decrease of
2.18 percentage points from the previous week. Bausch Health pays
275 basis points above LIBOR to borrow under the $1.5 billion
facility. The bank loan matures on May 17, 2025. Moody's rates the
loan 'Ba2' and Standard & Poor's gave a 'BB-' rating to the loan.
The loan is one of the biggest gainers and losers among 247 widely
quoted syndicated loans with five or more bids in secondary trading
for the week ended Friday, December 21.


BAUSCH HEALTH: $4.565BB Bank Debt Trades at 4% Off
--------------------------------------------------
Participations in a syndicated loan under which Bausch Health Co
[fka Valeant Pharmaceuticals International] is a borrower traded in
the secondary market at 95.77 cents-on-the-dollar during the week
ended Friday, December 21, 2018, according to data compiled by
LSTA/Thomson Reuters MTM Pricing. This represents a decrease of
2.05 percentage points from the previous week. Bausch Health pays
300 basis points above LIBOR to borrow under the $4.565 billion
facility. The bank loan matures on May 17, 2025. Moody's rates the
loan 'Ba2' and Standard & Poor's gave a 'BB-' rating to the loan.
The loan is one of the biggest gainers and losers among 247 widely
quoted syndicated loans with five or more bids in secondary trading
for the week ended Friday, December 21.


BEARCAT ENERGY: Committee Seeks to Hire Allen Vellone as Counsel
----------------------------------------------------------------
The official committee of unsecured creditors of Bearcat Energy LLC
seeks approval from the U.S. Bankruptcy Court for the District of
Colorado to hire Allen Vellone Wolf Helfrich & Factor P.C. as its
legal counsel.

The firm will advise the committee regarding its duties under the
Bankruptcy Code; represent the committee in its consultation with
the Debtor concerning the administration of its Chapter 11 case;
investigate the Debtor's financial condition and operation;
participate in the formulation of a bankruptcy plan; and provide
other legal services related to the case.

Allen Vellone does not represent any adverse interest in connection
with the Debtor's bankruptcy case.

The firm can be reached through:

     Patrick D. Vellone, Esq.
     Lance Henry, Esq.
     Allen Vellone Wolf Helfrich & Factor P.C.       
     1600 Stout Street, Suite 1100
     Denver, CO 80202
     Phone: (303) 534-4499
     Email: pvellone@allen-vellone.com
     Email: lhenry@allen-vellone.com

                      About Bearcat Energy

Bearcat Energy LLC, owner of coal bed methane wells, equipment and
related fixtures located in the State of Wyoming, filed a Chapter
11 petition (Bankr. D. Colo. Case No. 17-12011) on March 14, 2017.
In the petition signed by CEO Keith J. Edwards, the Debtor
estimated $0 to $50,000 in assets and $1 million to $10 million in
liabilities as of the bankruptcy filing.

The Hon. Elizabeth E. Brown is the case judge.  

Kenneth J. Buechler, Esq., at Buechler & Garber, LLC, serves as
bankruptcy counsel.

An official committee of unsecured creditors has been appointed in
the Debtor's case.


BRIDAN 770: Exclusive Plan Filing Period Extended Until Feb. 27
---------------------------------------------------------------
The Hon. Robert A. Mark of the U.S. Bankruptcy Court for the
Southern District of Florida, at the behest of Bridan 770 LLC, has
extended the exclusive period for Debtor to file a plan to Feb. 27,
2019, and to solicit acceptance 60 days thereafter to April 27,
2019.  The Debtor is also ordered to bring all monthly operating
reports up to date and pay all U.S. Trustee fees by Dec. 31, 2018.

The Troubled Company Reporter has previously reported that the
Debtor asked for a 90-day extension of its exclusive period to file
a reorganization plan to March 11, 2019, to give it more time to
negotiate, and perhaps mediate with creditors, and file a
consensual plan.  The Debtor also sought an additional 90 days
after that -- to May 10, 2019 -- to solicit acceptances to the
Plan. The Debtor represented that negotiations with Bayview Loan
Servicing have continued, and that mediation has been ordered and
is being set. In addition, the Debtor said that the delay has been
occasioned by the Bank's appraisal of the property.

                       About Bridan 770

Bridan 770, LLC, filed a Chapter 11 bankruptcy petition (Bankr.
S.D. Fla. Case No. 17-20940) on Aug. 29, 2017, estimating $100,000
to $500,000 in both assets and liabilities.  The petition was
signed by its authorized representative, Laurent Benzaquen of AMBR
JJLB Property Management LLC.  Bridan 770, LLC, and
debtor-affiliate JXB 84 LLC, tapped Joel M. Aresty, Esq., P.A., as
counsel.  An official committee of unsecured creditors has not been
appointed in the case.


C & B REHAB: Voluntary Chapter 11 Case Summary
----------------------------------------------
Debtor: C & B Rehab, LLC
        1111 Ritz Carlton Drive #1204
        Sarasota, FL 34236

Business Description: C & B Rehab LLC filed as a Florida Limited
                      Liability in the State of Florida on
                      July 30, 2013, according to public records
                      filed with Florida Department of State.

Chapter 11 Petition Date: December 26, 2018

Court: United States Bankruptcy Court
       Middle District of Florida (Tampa)

Case No.: 18-11027

Judge: Hon. Michael G. Williamson

Debtor's Counsel: Benjamin G. Martin, Esq.   
                  LAW OFFICES OF BENJAMIN MARTIN  
                  1620 Main Street, Suite 1
                  Sarasota, FL 34236
                  Tel: 941-951-6166
                  Fax: 941-951-2076
                  E-mail: skipmartin@verizon.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Christiaan G. Walhof, managing member.

The Debtor stated it has no unsecured creditors.

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

            http://bankrupt.com/misc/flmb18-11027.pdf

Pending bankruptcy cases of affiliates:

      Debtor                          Case No.     Petition Date
      ------                          --------     -------------
     Animis Foundation, Inc           18-09515       11/02/18
     Christiaan & Bettina Walhof      18-04295       05/24/18
     Walhof Properties, LLC           18-05531       07/02/18


CADIZ INC: Amends Option Agreement with El Paso Natural
-------------------------------------------------------
Cadiz Inc. has entered into an amendment to its option agreement
with El Paso Natural Gas to purchase for $20 million a 120-mile
segment of 30" idle steel pipeline from Barstow to Wheeler Ridge,
California.  The Option Agreement, as amended, allows the Company
to purchase the 120-mile pipeline segment with an initial payment
of $2 million prior to Dec. 31, 2018 and a subsequent payment of
$18 million.  The Deferred Payment would be due within 30 days of
satisfaction of certain conditions precedent by EPNG.  Following
entry into the Amendment, the Company exercised the option for the
initial consideration of $2 million and entered into a purchase
agreement for the 120-mile pipeline.

The 120-mile pipeline, which will extend the Company's existing 30"
steel pipeline ownership to approximately 220-miles, is capable of
conveying up to 30,000 acre-feet of water per year within San
Bernardino, Los Angeles, and Kern Counties in Southern California.

                          About Cadiz

Founded in 1983, Cadiz Inc. -- http://www.cadizinc.com/-- is a
publicly-held renewable resources company that owns 70 square miles
of property with significant water resources in Southern
California.  The Company maintains an organic agricultural
development in the Cadiz Valley of eastern San Bernardino County,
California and is partnering with public water agencies to
implement the Cadiz Water Project, which over two phases will
create a new water supply for approximately 400,000 people and make
available up to 1 million acre-feet of new groundwater storage
capacity for the region.  Cadiz abides by a wide-ranging "Green
Compact" focused on environmental conservation and sustainable
practices to manage its land, water and agricultural resources.
Cadiz is headquartered in Los Angeles, California.

Cadiz Inc. reported a net loss and comprehensive loss of $33.86
million in 2017, a net loss and comprehensive loss of $26.33
million in 2016 and a net loss and comprehensive loss of $24.01
million.  As of Sept. 30, 2018, the Company had $72.32 million in
total assets, $152.23 million in total liabilities and a total
stockholders' deficit of $79.90 million.


CAFE HOLDINGS: Committee Hires Nelson Mullins as Co-Counsel
-----------------------------------------------------------
The Official Committee of Unsecured Creditors of Cafe Holdings
Corp., and its affiliated debtors, seek approval from the U.S.
Bankruptcy Court for the District of South Carolina to hire Nelson
Mullins Riley & Scarborough LLP as co-counsel to the Committee,
effective as of November 30, 2018.

The Committee needs Nelson Mullins to:

     a. assist, advise, and represent the Committee in its
consultations with the Debtors regarding the administration of
these cases;

     b. assist, advise, and represent the Committee in analyzing
the Debtors' assets and liabilities, investigating the extent and
validity of liens and participating in and reviewing any proposed
asset sales, any asset dispositions, financing arrangements and
cash collateral stipulations or proceedings;

     c. assist, advise, and represent the Committee in any manner
relevant to reviewing and determining the Debtors’ rights and
obligations under leases and other executory contracts;

     d. assist, advise, and represent the Committee in
investigating the acts, conduct, assets, liabilities, and financial
condition of the Debtors, the Debtors' operations and the
desirability of the continuance of any portion
of those operations, and any other matters relevant to these cases
or to the formulation of a plan;

     e. assist, advise, and represent the Committee in its
participation in the negotiation, formulation, and drafting of a
plan of liquidation or reorganization;

     f. advise the Committee on the issues concerning the
appointment of a trustee or examiner under section 1104 of the
Bankruptcy Code;

     g. assist, advise, and represent the Committee in
understanding its powers and its duties under the Bankruptcy Code
and the Bankruptcy Rules and in performing other services as are in
the interests of those represented by the Committee;

     h. assist, advise, and represent the Committee in the
evaluation of claims and on any litigation matters, including
avoidance actions and claims against directors and officers and any
other party; and

     i. provide such other services to the Committee as may be
necessary or appropriate in these cases.

The Firm's standard hourly 2019 rates are:

          Partners        $450 - $535
          Associates      $300 - $335
          Paralegals      $160 - $295

B. Keith Poston, Esq., a partner at Nelson Mullins Riley, attests
that NMRS is a "disinterested person" under Section 101(14) of the
Bankruptcy Code, does not hold or represent an interest adverse to
the Debtor's estate, and NMRS's directors and associates have no
connection to the Debtor, its creditors, or its related parties.

The counsel can be reached through:

     B. Keith Poston, Esq.
     Nelson Mullins Riley & Scarborough LLP
     1320 Main Street
     Columbia, SC 29201
     Tel: 803-799-2000
     Fax: 803-256-7500

                    About Cafe Holdings Corp.

Cafe Enterprises, Inc. -- http://www.fatz.com/-- and its
subsidiaries are privately-owned operators of casual dining
restaurant brand, "Fatz Cafe", with headquarters in Taylors, South
Carolina.  They operate 38 locations spread across five states.
The Debtors employ nearly 1,700 persons.  

Cafe Holdings Corp., Cafe Enterprises, Inc., CE Sportz LLC and CES
Gastonia LLC sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D.S.C. Lead Case No. 18-05837) on Nov. 15, 2018.  At
the time of the filing, the Debtors disclosed $23 million in assets
and $51 million in liabilities.  

The cases have been assigned to Judge Helen E. Burris.

The Debtors tapped Haynes and Boone, LLP as their bankruptcy
counsel; McNair Law Firm, PA as local counsel; Loughlin Management
Partners + Company as financial advisor; Duff & Phelps, LLC as
investment banker; and Donlin Recano & Company, Inc. as claims and
noticing agent.

The U.S. Trustee for Region 4 appointed an official committee of
unsecured creditors on Nov. 28, 2018.  The committee tapped
Pachulski Stang Ziehl & Jones LLP and Nelson Mullins Riley &
Scarborough LLP as its legal counsel.


CAFE HOLDINGS: Committee Taps Pachulski Stang Ziehl as Counsel
--------------------------------------------------------------
The Official Committee of Unsecured Creditors of Cafe Holdings
Corp., and its affiliated debtors, seek approval from the U.S.
Bankruptcy Court for the District of South Carolina to hire
Pachulski Stang Ziehl & Jones LLP as lead counsel to the Committee,
effective as of November 30, 2018.

The Committee needs Pachulski to:

     a. assist, advise and represent the Committee in its
consultations with the Debtors regarding the administration of
these Cases;

     b. assist, advise and represent the Committee with respect to
the Debtors' retention of professionals and advisors with respect
to the Debtors' business and these Cases;

     c. assist, advise and represent the Committee in analyzing the
Debtors' assets and liabilities, investigating the extent and
validity of liens and participating in and reviewing any proposed
asset sales, any asset dispositions, financing arrangements and
cash collateral stipulations or proceedings;

     d. assist, advise and represent the Committee in any manner
relevant to reviewing and determining the Debtors' rights and
obligations under leases and other executory contracts;

     e. assist, advise and represent the Committee in investigating
the acts, conduct, assets, liabilities and financial condition of
the Debtors, the Debtors' operations and the desirability of the
continuance of any portion of those operations, and any other
matters relevant to the Cases or to the formulation of a plan;

     f. assist, advise and represent the Committee in connection
with any sale of the Debtors' assets;

     g. assist, advise and represent the Committee in its
participation in the negotiation, formulation, or objection to any
plan of liquidation or reorganization;

     h. assist, advise and represent the Committee in understanding
its powers and its duties under the Bankruptcy Code and the
Bankruptcy Rules and in performing other services as are in the
interests of those represented by the Committee;

     i. assist, advise and represent the Committee in the
evaluation of claims and on any litigation matters, including
avoidance actions; and

     j. provide such other services to the Committee as may be
necessary in these Cases; and

     i. assist, advise and represent the Committee in connection
with any litigation, claim, action, regulatory or other proceeding,
formal or informal, that may be pending in any federal or state
court or otherwise.

Bradford J. Sandler, a partner in the firm of Pachulski Stang Ziehl
& Jones LLP, attests that neither Pachulski, nor any of its
attorneys, holds or represents any interest adverse to the
Committee or the Debtors' estates in the matters on which they are
to be retained; and Pachulski is a "disinterested person" as that
term is defined in section 101(14) of the Bankruptcy Code.

The firm's current standard hourly rates are:

     Partners        $650 - $1,295
     Counsel         $595 - $1,025  
     Associates      $495 - $595  
     Paralegals      $295 - $395

The Firm can be reached through:

     Richard M. Pachulski, Esq.  
     James I. Stang, Esq.  
     Jeffrey N. Pomerantz, Esq.  
     Bradford J. Sandler, Esq.
     Colin R. Robinson, Esq.
     PACHULSKI STANG ZIEHL & JONES LLP
     919 North Market Street, 17th Floor
     P.O. Box 8705
     Wilmington, DE  19899  
     Tel: 302-652-4100
     Fax:  302-652-4400
     E-mail: rpachulski@pszjlaw.com    
             jstang@pszjlaw.com    
             jpomerantz@pszjlaw.com    
             bsandler@pszjlaw.com               
             crobinson@pszjlaw.com

                    About Cafe Holdings Corp.

Cafe Enterprises, Inc. -- http://www.fatz.com/-- and its
subsidiaries are privately-owned operators of casual dining
restaurant brand, "Fatz Cafe", with headquarters in Taylors, South
Carolina.  They operate 38 locations spread across five states.
The Debtors employ nearly 1,700 persons.  

Cafe Holdings Corp., Cafe Enterprises, Inc., CE Sportz LLC and CES
Gastonia LLC sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D.S.C. Lead Case No. 18-05837) on Nov. 15, 2018.  At
the time of the filing, the Debtors disclosed $23 million in assets
and $51 million in liabilities.  

The cases have been assigned to Judge Helen E. Burris.

The Debtors tapped Haynes and Boone, LLP as their bankruptcy
counsel; McNair Law Firm, PA as local counsel; Loughlin Management
Partners + Company as financial advisor; Duff & Phelps, LLC as
investment banker; and Donlin Recano & Company, Inc. as claims and
noticing agent.

The U.S. Trustee for Region 4 appointed an official committee of
unsecured creditors on Nov. 28, 2018.  The committee tapped
Pachulski Stang Ziehl & Jones LLP and Nelson Mullins Riley &
Scarborough LLP as its legal counsel.


CATALINA MARKETING: Hires Richards Layton as Bankruptcy Co-Counsel
------------------------------------------------------------------
Checkout Holding Corp., and its debtor-affiliates, seek authority
from the U.S. Bankruptcy Court for the District of Delaware to
employ Richards Layton & Finger, P.A., as bankruptcy co-counsel to
the Debtors.

Checkout Holding requires Richards Layton to:

     a. prepare and file the petition, motions, applications,
orders, reports, and papers necessary or desirable to commence the
Chapter 11 case;

     b. coordinate with the Office of the U.S. Trustee for the
District of Delaware, and the Bankruptcy Court, to the extent
necessary, for the purpose of facilitating the orderly
administration and prosecution of the Chapter 11 case;

     c. assist the Debtor's lead bankruptcy counsel with the
preparation, review and filing, of all motions, applications,
answers, orders, reports, and other papers in connection with the
administration of the Chapter 11 case;

     d. assist with the Debtor's post-petition sale process under
section 363 of the Bankruptcy Code, including filing related
motions and papers related thereto;

     e. advise the Debtor of its rights, powers, and duties as a
Debtor and debtor in possession under Chapter 11 of the Bankruptcy
Code and take action to protect and preserve the Debtor's estate;
and

     f. perform all other necessary legal services in connection
with the liquidation process and the Chapter 11 case.

Richards Layton will be paid at these hourly rates:

     Counsels/Directors                   $625-$925
     Associates                           $320-$450
     Paralegals                           $255
     Case Management Assistants           $135

In accordance with Appendix B-Guidelines for Reviewing Applications
for Compensation and Reimbursement of Expenses Filed under 11
U.S.C. Sec. 330 for Attorneys in Larger Chapter 11 Cases, Mr.
Madron disclosed that:

     -- it has not agreed to any variations from, or alternatives
to, its standard or customary billing arrangements for this
engagement;

     -- none of the professionals included in the engagement vary
their rate based on the geographic location of the bankruptcy
case;

     -- RFL has represented the Detbors 1 month prior to petition
date, billing rates did not change; and

     -- the Committee is developing a budget and staffing plan.

Jason M. Madron, partner of Richards Layton & Finger, P.A., assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

Richards Layton can be reached at:

     Jason M. Madron, Esq.
     RICHARDS LAYTON & FINGER, P.A.
     920 N. King Street
     Wilmington, DE 19801
     Tel: (302) 651-7700

                         About Catalina

Catalina Marketing Corp. -- https://www.catalina.com/ -- is a
personalized digital media and marketing company that owns and
operates a proprietary dual function in-store data-gathering
network and promotion-publishing channel.  Catalina's customers are
some of the world's largest retailers and manufacturers of
consumer-packaged goods.  Through the application of its
proprietary analytics systems, Catalina uses a shopper purchase
database and real-time retailer data to make accurate predictions
about shoppers' future purchasing behaviors based on not only
historical purchasing behaviors, but also on emerging trends in
consumer behavior.  Formed in 1983, Catalina is based in St.
Petersburg, Florida, with operations in the United States, Europe
and Japan.

In 2007, entities affiliated with Hellman & Friedman LLC, a private
equity firm with a focus on information services and media, through
its wholly owned subsidiary, Checkout Holding Corp., acquired
Catalina.  In 2014, funds affiliated with Berkshire Partners LLC, a
Boston-based investment firm and certain third-party co-investors,
acquired a controlling interest in Catalina.  Berkshire currently
holds 40.71% of all the outstanding common stock of Catalina's
ultimate parent PDM Group Holdings.

Catalina Marketing Corporation and 10 affiliates, including parent
Checkout Holding Corp., sought Chapter 11 protection on Dec. 12,
2018 with a prepackaged plan that would reduce debt by $1.6
billion.  The lead case is In re Checkout Holding Corp. (Bankr. D.
Del. Case No. 18-12794).

Catalina disclosed funded debt of $1.9 billion as of the bankruptcy
filing.  Assets are in the range of $1 billion to $10 billion.

The Hon. Kevin Gross is the case judge.

Weil, Gotshal & Manges LLP is serving as legal counsel, Centerview
Partners LLC is serving as financial advisor and FTI Consulting is
serving as restructuring advisor to Catalina.  Richards, Layton &
Finger, P.A., is the local counsel.  Prime Clerk LLC is the claims
agent.

Jones Day is counsel to the Consenting First Lien Lenders.

Paul, Weiss, Rifkind, Wharton & Garrison LLP is counsel to the
Consenting Second Lien Lenders.


CATALINA MARKETING: Hires Weil Gotshal as Attorney
--------------------------------------------------
Checkout Holding Corp., and its debtor-affiliates seek authority
from the U.S. Bankruptcy Court for the District of Delaware to
employ Weil Gotshal & Manges LLP, as attorney to the Debtors.

Checkout Holding requires Weil Gotshal to:

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

     b. prepare on behalf of the Debtors, as debtors in possession,
all necessary motions, applications, answers, orders, reports, and
other papers in connection with the administration of the Debtors'
estates;

     c. take all necessary actions in connection with any chapter
11 plan and related disclosure statement and all related documents,
and such further actions as may be required in connection with the
administration of the Debtors' estates; and

     d. take all necessary actions to protect and preserve the
value of the Debtors' estates, including advising with respect to
the Debtors’ affiliates and all related matters; and

     e. perform all other necessary legal services in connection
with the prosecution of these chapter 11 cases.

Weil Gotshal will be paid at these hourly rates:

     Partners                  $1,050 to $1,600
     Associates                  $560 to $995
     Paraprofessionals           $240 to $420

In accordance with Appendix B-Guidelines for Reviewing Applications
for Compensation and Reimbursement of Expenses Filed under 11
U.S.C. Sec. 330 for Attorneys in Larger Chapter 11 Cases, Gary
Holtzer disclosed that:

     -- it has not agreed to any variations from, or alternatives
to, its standard or customary billing arrangements for this
engagement;

     -- none of the professionals included in the engagement vary
their rate based on the geographic location of the bankruptcy
case;

     -- Weil represented the Debtors for approximately twelve
months prior to the Petition Date. Weil's customary hourly rates
were $990.00 to $1,500 for partners and counsel, $535.00 to $975.00
for associates, and $230.00 to $385.00 for paraprofessionals. In
October 2018, Weil adjusted its standard billing rates for its
professionals in the normal course; and

     -- Weil is developing a prospective budget and staffing plan
for these chapter 11 cases.

Gary Holtzer, partner of Weil Gotshal & Manges LLP, assured the
Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtors and their estates.

Weil Gotshal can be reached at:

     Gary Holtzer, Esq.
     WEIL GOTSHAL & MANGES LLP
     767 Fifth Avenue
     New York, NY 10153
     Tel: (212) 310-8000

                         About Catalina

Catalina Marketing Corp. -- https://www.catalina.com/ -- is a
personalized digital media and marketing company that owns and
operates a proprietary dual function in-store data-gathering
network and promotion-publishing channel.  Catalina's customers are
some of the world's largest retailers and manufacturers of
consumer-packaged goods.  Through the application of its
proprietary analytics systems, Catalina uses a shopper purchase
database and real-time retailer data to make accurate predictions
about shoppers' future purchasing behaviors based on not only
historical purchasing behaviors, but also on emerging trends in
consumer behavior.  Formed in 1983, Catalina is based in St.
Petersburg, Florida, with operations in the United States, Europe
and Japan.

In 2007, entities affiliated with Hellman & Friedman LLC, a private
equity firm with a focus on information services and media, through
its wholly owned subsidiary, Checkout Holding Corp., acquired
Catalina.  In 2014, funds affiliated with Berkshire Partners LLC, a
Boston-based investment firm and certain third-party co-investors,
acquired a controlling interest in Catalina.  Berkshire currently
holds 40.71% of all the outstanding common stock of Catalina's
ultimate parent PDM Group Holdings.

Catalina Marketing Corporation and 10 affiliates, including parent
Checkout Holding Corp., sought Chapter 11 protection on Dec. 12,
2018 with a prepackaged plan that would reduce debt by $1.6
billion.  The lead case is In re Checkout Holding Corp. (Bankr. D.
Del. Case No. 18-12794).

Catalina disclosed funded debt of $1.9 billion as of the bankruptcy
filing.  Assets are in the range of $1 billion to $10 billion.

The Hon. Kevin Gross is the case judge.

Weil, Gotshal & Manges LLP is serving as legal counsel, Centerview
Partners LLC is serving as financial advisor and FTI Consulting is
serving as restructuring advisor to Catalina.  Richards, Layton &
Finger, P.A., is the local counsel.  Prime Clerk LLC is the claims
agent.

Jones Day is counsel to the Consenting First Lien Lenders.

Paul, Weiss, Rifkind, Wharton & Garrison LLP is counsel to the
Consenting Second Lien Lenders.


CATALINA MARKETING: Taps Centerview Partners as Investment Banker
-----------------------------------------------------------------
Checkout Holding Corp., and its debtor-affiliates seek authority
from the U.S. Bankruptcy Court for the District of Delaware to
employ Centerview Partners LLC, to serve as investment banker to
the Debtors.

Services Centerview will provide are:

  a. General Financial Advisory and Investment Banking Services
     
     i. familiarize itself with the business, operations,
properties, financial condition, and prospects of the Debtors;

    ii. review the Debtors' financial condition and outlook;

   iii. assist in the development of financial data and
presentations to the Debtors' Board of Directors, various
creditors, and other parties;

    iv. evaluate the Debtors' debt capacity and capital structure
alternatives;

     v. participate in negotiations among the Debtors, and related
creditors, suppliers, lessors, and other interested parties with
respect to any of the transactions contemplated in the Engagement
Letter; and

    vi. perform other financial advisory services as may be
specifically agreed upon in writing by the Debtors and Centerview.

  b. Transaction Services

     i. analyze various HoldCo Liability Management Transaction,
Liability Management Transaction, and Restructuring
scenarios and the potential  impact of these scenarios on the value
of the Debtors, and the recoveries of those stakeholders impacted
by such transactions;

    ii. provide financial and valuation advice and assistance to
the Debtors to evaluate a range of transaction scenarios, including
in developing and seeking approval of a Restructuring plan, if
applicable;

   iii. provide financial advice and assistance to the Debtors, and
the Debtors' lead counsel, Weil, Gotshal & Manges LLP, in
structuring any new securities to be issued pursuant to HoldCo
Liability Management Transaction, Liability Management Transaction,
and/or Restructuring;

    iv. assist the Debtors and participate in negotiations with
entities or groups affected by the HoldCo Liability Management
Transaction, Liability Management Transactions, or Restructuring
and/or Sale; and

     v. if requested by Weil, participate in hearings before the
bankruptcy court with respect to the matters upon which Centerview
has provided advice, including, as relevant, with respect to
testimony in connection therewith.

  c. Financing Services

    i. provide financial advice and assistance to the Debtors in
structuring and effecting one or more Financings, identifying
potential investors, and, at the Debtors' request, contacting such
investors; and

   ii. assist in the arranging of a Financing, the due diligence
process, and negotiating the terms of any proposed Financing.

  d. Sale Services

     i. provide financial advice and assistance to the Debtors in
connection with a Sale, identifying potential acquirers, and, at
the Debtors' request, contacting such potential acquirers; and

    ii. assist the Debtors and participate in negotiations with
potential acquirers.

The principal terms of Centerview's Fee Structure are:

  Monthly Advisory Fee

     a. A monthly financial advisory fee of $175,000, payable on
execution of the Engagement Letter and on the 15th day of each
month thereafter during the engagement; provided, however, that 50%
of the Monthly Advisory Fee paid in excess of $600,000 shall be
credited (one time only and without duplication) against the HoldCo
Liability Management Transaction Fee, Liability Management
Transaction Fee, or Transaction Fee.

  Transaction Fees

     b. In addition to the other fees provided for, the Debtors
will pay Centerview the following transaction fees:

        i. If at any time during the term of the Engagement Letter
or at any time prior to twelve months following the termination of
the Engagement Letter (including the term of the engagement, the
Fee Period), the Debtors consummate any HoldCo Liability Management
Transaction, Centerview shall be entitled to receive a transaction
fee payable at the closing thereof equal to $3,000,000 (HoldCo
Liability Management Transaction Fee).

       ii. If at any time during the Fee Period, the Debtors
consummate any Liability Management Transaction, Centerview shall
be entitled to receive a transaction fee payable at the closing
thereof equal to $5,000,000 (Liability Management Transaction
Fee).

      iii. If at any time during the Fee Period, the Debtors
consummate any Restructuring or Sale, Centerview shall be entitled
to receive a transaction fee payable at the closing thereof equal
to $12,000,000 (Transaction Fee). Notwithstanding anything to the
contrary in the Engagement Letter, in connection with any
Restructuring or Sale that is intended to be effected, in whole or
in part, as a prepackaged, partial prepackaged or prearranged plan
of reorganization anticipated to include the solicitation of
acceptances of such plan in compliance with the Bankruptcy Code, by
or on behalf of the Debtors, from holders of any class of the
Debtors' securities, indebtedness or obligations, the Transaction
Fee will be payable (x) 50% upon obtaining indications of support
from one or more of the Debtors' key creditor classes that in the
good faith judgment of the Board of Directors of the Debtors are
sufficient to justify filing such Prepackaged Plan, term sheet,
restructuring support agreement or agreement in principle
documenting the key terms of such Prepackaged Plan, and (y) the
balance shall be payable upon the consummation of such
Restructuring or Sale.  In connection with any Sale that is
intended to be effected pursuant to Sec 363 of the U.S. Bankruptcy
Code, the Transaction Fee shall be payable (x) 50% upon execution
of the stalking horse asset purchase agreement and (y) the balance
shall be payable upon consummation of such Sale.

       iv. If at any time during the Fee Period, the Debtors
consummate any sale transaction not covered by the definition of
Sale (a Minority Sale), the Debtors shall pay Centerview a fee
(Minority Sale Transaction Fee) equal to 1% of the Aggregate
Consideration. Such Minority Sale Transaction Fee shall be
contingent upon the consummation of a Minority Sale and payable at
the closing thereof. Any fee paid under the Minority Sale
Transaction Fee shall be 50% credited (but only once) against any
fees subsequently payable under the Transaction Fee.

  Financing Fee

     c. If at any time during the Fee Period, the Debtors
consummate any Financing, Centerview shall be entitled to the
following:

        i. 1.0% of the aggregate amount of financing commitments of
any indebtedness issued that is secured by a first lien;

       ii. 2.0% of the aggregate amount of financing commitments of
any indebtedness issued that (x) is secured by a second or junior
lien, (y) is unsecured and/or (z) is subordinated;

      iii. 3.0% of the aggregate amount of financing commitments of
any equity or equity-linked securities or obligations issued; and

       iv. 1.0% of the aggregate amount of financing commitments of
any debtor-in possession financing.

           The amount of any financing fees payable to Centerview
will be 50% credited (but only once) against any Transaction Fee
payable to Centerview.

Marc Puntus, Partner and Co-Head of the Debt Advisory and
Restructuring Practice of Centerview Partners LLC, attest that
Centerview is a "disinterested person" within the meaning of
section 101(14) of the Bankruptcy Code, as modified by Section
1107(b) of the Bankruptcy Code and does not hold or represent an
interest materially adverse to
the Debtors, their creditors, and shareholders for the matters for
which Centerview is to be employed.

The firm can be reached through:

         Marc D. Puntus
         Centerview Partners LLC
         31 West 52nd Street, 22nd Floor
         New York, NY 10019
         Telephone: (212) 380-2650
         Fax: (212) 380-2651

                         About Catalina

Catalina Marketing Corp. -- https://www.catalina.com/ -- is a
personalized digital media and marketing company that owns and
operates a proprietary dual function in-store data-gathering
network and promotion-publishing channel.  Catalina's customers are
some of the world's largest retailers and manufacturers of
consumer-packaged goods.  Through the application of its
proprietary analytics systems, Catalina uses a shopper purchase
database and real-time retailer data to make accurate predictions
about shoppers' future purchasing behaviors based on not only
historical purchasing behaviors, but also on emerging trends in
consumer behavior.  Formed in 1983, Catalina is based in St.
Petersburg, Florida, with operations in the United States, Europe
and Japan.

In 2007, entities affiliated with Hellman & Friedman LLC, a private
equity firm with a focus on information services and media, through
its wholly owned subsidiary, Checkout Holding Corp., acquired
Catalina.  In 2014, funds affiliated with Berkshire Partners LLC, a
Boston-based investment firm and certain third-party co-investors,
acquired a controlling interest in Catalina.  Berkshire currently
holds 40.71% of all the outstanding common stock of Catalina's
ultimate parent PDM Group Holdings.

Catalina Marketing Corporation and 10 affiliates, including parent
Checkout Holding Corp., sought Chapter 11 protection on Dec. 12,
2018 with a prepackaged plan that would reduce debt by $1.6
billion.  The lead case is In re Checkout Holding Corp. (Bankr. D.
Del. Case No. 18-12794).

Catalina disclosed funded debt of $1.9 billion as of the bankruptcy
filing.  Assets are in the range of $1 billion to $10 billion.

The Hon. Kevin Gross is the case judge.

Weil, Gotshal & Manges LLP is serving as legal counsel, Centerview
Partners LLC is serving as financial advisor and FTI Consulting is
serving as restructuring advisor to Catalina.  Richards, Layton &
Finger, P.A., is the local counsel.  Prime Clerk LLC is the claims
agent.

Jones Day is counsel to the Consenting First Lien Lenders.

Paul, Weiss, Rifkind, Wharton & Garrison LLP is counsel to the
Consenting Second Lien Lenders.


CATALINA MARKETING: Taps FTI Consulting as Financial Advisor
------------------------------------------------------------
Checkout Holding Corp., and its debtor-affiliates seek authority
from the U.S. Bankruptcy Court for the District of Delaware to
employ FTI Consulting, Inc., as financial advisors for the
Debtors.

Checkout requires FTI COnsulting to:

-- assist the Debtors in daily cash management and in preparing,
reviewing and reporting on a 13-week cash flow forecast including
budget to actual variance comparison;

-- advise on any liquidity improvement opportunities and any
vendor management matters;

-- develop DIP forecast and support the Debtors in presenting the
forecast and handling inquiries related to the forecast; and

-- assist the Debtors in managing, tracking and reporting DIP
forecast post chapter 11 filing.

-- review current business plan including key drivers,
assumptions, and methodologies used to develop the plan;

-- analyze relevant historical financial and operational trends
and metrics;

-- assess go-forward revenue strategies, new initiatives, and
associated financial implications;

-- review cost reduction strategies and implementation plan, and
recommend any additional opportunities;

-- assess capital required to support the business plan;

-- test assumptions, run sensitivity scenarios, and identify risks
and opportunities; and

-- support the Debtors in preparing and presenting the revised
business plan to all the constituents and manage inquiries and due
diligence requests.

-- in working with the Weil and the Debtors' investment banker,
Centerview Partners LLC, advise on transaction strategies and
associated implications;

-- assist in developing and negotiating debtor-in-possession
financing, restructuring support agreement, and preliminary plan of
reorganization; and

-- work with the Debtors and the Weil in preparing for chapter 11
filing including all requisite First Day motions.

-- assist with such other accounting and financial advisory
services as requested by the Debtors and/or the Board consistent
with the role of a financial advisor and not duplicative of
services provided by other professionals.

FTI Consulting will be paid at these hourly rates:

     Senior Managing Directors                $875-$1,075
     Directors                                $650-$855
     Senior Consultants/Consultants           $345-$620
     Administrative/Paraprofessionals         $140-$270

Robert A. Del Genio, senior managing director at FTI Consulting,
assured the Court that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code and does
not represent any interest adverse to the Debtors and their
estates.

FTI Consulting can be reached at:

     Robert A. Del Genio
     FTI CONSULTING, INC.
     Three Times Square, 9th Floor
     New York, NY 10036
     Tel: +1 212 247 1010
     Fax: +1 212 841 9350
     Email: bob.delgenio@fticonsulting.com

                         About Catalina

Catalina Marketing Corp. -- https://www.catalina.com/ -- is a
personalized digital media and marketing company that owns and
operates a proprietary dual function in-store data-gathering
network and promotion-publishing channel.  Catalina's customers are
some of the world's largest retailers and manufacturers of
consumer-packaged goods.  Through the application of its
proprietary analytics systems, Catalina uses a shopper purchase
database and real-time retailer data to make accurate predictions
about shoppers' future purchasing behaviors based on not only
historical purchasing behaviors, but also on emerging trends in
consumer behavior.  Formed in 1983, Catalina is based in St.
Petersburg, Florida, with operations in the United States, Europe
and Japan.

In 2007, entities affiliated with Hellman & Friedman LLC, a private
equity firm with a focus on information services and media, through
its wholly owned subsidiary, Checkout Holding Corp., acquired
Catalina.  In 2014, funds affiliated with Berkshire Partners LLC, a
Boston-based investment firm and certain third-party co-investors,
acquired a controlling interest in Catalina.  Berkshire currently
holds 40.71% of all the outstanding common stock of Catalina's
ultimate parent PDM Group Holdings.

Catalina Marketing Corporation and 10 affiliates, including parent
Checkout Holding Corp., sought Chapter 11 protection on Dec. 12,
2018 with a prepackaged plan that would reduce debt by $1.6
billion.  The lead case is In re Checkout Holding Corp. (Bankr. D.
Del. Case No. 18-12794).

Catalina disclosed funded debt of $1.9 billion as of the bankruptcy
filing.  Assets are in the range of $1 billion to $10 billion.

The Hon. Kevin Gross is the case judge.

Weil, Gotshal & Manges LLP is serving as legal counsel, Centerview
Partners LLC is serving as financial advisor and FTI Consulting is
serving as restructuring advisor to Catalina.  Richards, Layton &
Finger, P.A., is the local counsel.  Prime Clerk LLC is the claims
agent.

Jones Day is counsel to the Consenting First Lien Lenders.

Paul, Weiss, Rifkind, Wharton & Garrison LLP is counsel to the
Consenting Second Lien Lenders.


CATALINA MARKETING: Taps Prime Clerk as Administrative Advisor
--------------------------------------------------------------
Checkout Holding Corp., and its debtor-affiliates seek authority
from the U.S. Bankruptcy Court for the District of Delaware to
employ Prime Clerk LLC, as as administrative advisor.

Checkout Holding requires Prime Clerk to:

     a. assist with, among other things, solicitation, balloting,
and tabulation of votes, and prepare any related reports, as
required in support of confirmation of a chapter 11 plan, and in
connection with such services, process requests for documents from
parties in interest, including, if applicable, brokerage firms,
bank back-offices, and institutional holders;

     b. prepare an official ballot certification and, if necessary,
testify in support of the ballot tabulation results;

     c. assist with the preparation of the Debtors' schedules of
assets and liabilities and statements of financial affairs and
gather data in conjunction therewith;

     d. provide a confidential data room, if requested;

     e. manage and coordinate any distributions pursuant to a
chapter 11 plan; and

     f. provide such other processing, solicitation, balloting, and
other administrative services described in the Engagement
Agreement, but not covered by the Section 156(c) Order, as may be
requested from time to time by the Debtors, the Court, or the
Office of the Clerk of the Bankruptcy Court (the "Clerk").

Prime Clerk will be paid at these hourly rates:

     Director of Solicitation                    $210
     Solicitation Consultant                     $190
     COO and Executive VP                      No charge
     Director                                  $175-$195
     Consultant/Senior Consultant               $65-$165
     Technology Consultant                      $35-$95
     Analyst                                    $30-$50

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

Prime Clerk can be reached at:

     Benjamin J. Steele
     PRIME CLERK LLC
     830 3rd Avenue, 9th Floor
     New York, NY 10022
     Tel: (212) 257-5450

                         About Catalina

Catalina Marketing Corp. -- https://www.catalina.com/ -- is a
personalized digital media and marketing company that owns and
operates a proprietary dual function in-store data-gathering
network and promotion-publishing channel.  Catalina's customers are
some of the world's largest retailers and manufacturers of
consumer-packaged goods.  Through the application of its
proprietary analytics systems, Catalina uses a shopper purchase
database and real-time retailer data to make accurate predictions
about shoppers' future purchasing behaviors based on not only
historical purchasing behaviors, but also on emerging trends in
consumer behavior.  Formed in 1983, Catalina is based in St.
Petersburg, Florida, with operations in the United States, Europe
and Japan.

In 2007, entities affiliated with Hellman & Friedman LLC, a private
equity firm with a focus on information services and media, through
its wholly owned subsidiary, Checkout Holding Corp., acquired
Catalina.  In 2014, funds affiliated with Berkshire Partners LLC, a
Boston-based investment firm and certain third-party co-investors,
acquired a controlling interest in Catalina.  Berkshire currently
holds 40.71% of all the outstanding common stock of Catalina's
ultimate parent PDM Group Holdings.

Catalina Marketing Corporation and 10 affiliates, including parent
Checkout Holding Corp., sought Chapter 11 protection on Dec. 12,
2018 with a prepackaged plan that would reduce debt by $1.6
billion.  The lead case is In re Checkout Holding Corp. (Bankr. D.
Del. Case No. 18-12794).

Catalina disclosed funded debt of $1.9 billion as of the bankruptcy
filing.  Assets are in the range of $1 billion to $10 billion.

The Hon. Kevin Gross is the case judge.

Weil, Gotshal & Manges LLP is serving as legal counsel, Centerview
Partners LLC is serving as financial advisor and FTI Consulting is
serving as restructuring advisor to Catalina.  Richards, Layton &
Finger, P.A., is the local counsel.  Prime Clerk LLC is the claims
agent.

Jones Day is counsel to the Consenting First Lien Lenders.

Paul, Weiss, Rifkind, Wharton & Garrison LLP is counsel to the
Consenting Second Lien Lenders.


CENGAGE: Bank Debt Trades at 15% Off
------------------------------------
Participations in a syndicated loan under which Cengage (fka
Thomson Learning) is a borrower traded in the secondary market at
85.00 cents-on-the-dollar during the week ended Friday, December
21, 2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 2.39 percentage points from
the previous week. Cengage pays 425 basis points above LIBOR to
borrow under the $1.710 billion facility. The bank loan matures on
June 7, 2023. Moody's rates the loan 'B2' and Standard & Poor's
gave a 'B' rating to the loan. The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended Friday,
December 21.


CENTURYLINK INC: Bank Debt Trades at 7% Off
-------------------------------------------
Participations in a syndicated loan under which CenturyLink
Incorporated is a borrower traded in the secondary market at 93.38
cents-on-the-dollar during the week ended Friday, December 21,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 2.23 percentage points from
the previous week. CenturyLink Incorporated pays 275 basis points
above LIBOR to borrow under the $6.0 billion facility. The bank
loan matures on January 25, 2025. Moody's rates the loan 'Ba3' and
Standard & Poor's gave a 'BBB-' rating to the loan. The loan is one
of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, December 21.


CHOATES GENERAL: Taps Oliver Youssef as Accountant
--------------------------------------------------
Choates General Contracting, Inc., received approval from the U.S.
Bankruptcy Court for the District of New Jersey to hire Oliver
Youssef, CPA as its accountant.

The firm will assist the Debtor in preparing income projections and
monthly reports; compile 2018 YTD; review documents and financial
records; and provide other accounting services related to its
Chapter 11 case.

The firm will charge $3,150 to compile the 2018 YTD; $750 to
prepare income projections, and $350 each month to prepare the
monthly operating reports.

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

The firm maintains an office at:

     Oliver Youssef, CPA
     5 Peach Orchard Drive
     East Brunswick, NJ 08816
     Phone: (201) 467-9095

                 About Choates General Contracting

Choates General Contracting, Inc., sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D.N.J. Case No. 18-26699) on Aug.
21, 2018.  At the time of the filing, the Debtor estimated assets
of less than $50,000 and liabilities in the same range.  The case
is assigned to Judge Jerrold N. Poslusny Jr.  The Law Offices of
Kasuri Byck, LLC, serves as counsel to the Debtor.


COMMERCIAL GRINDING: Case Summary & 5 Unsecured Creditors
---------------------------------------------------------
Debtor: Commercial Grinding Company, Inc.
        6829 Walthall Way
        Paramount, CA 90723

Business Description: Established in 1930, Commercial Grinding
                      is in the grinding, precision for
                      commercial or industrial business.
                      Commercial Grinding provides a fast method
                      of flat precision stock removal to hold
                      parts flat and parallel in some cases within
                      .0002 of an inch.  With Blanchard grinding
                      the Company can remove material from one
                      side at a time for custom stock removal.
                      To learn more, visit http://www.wegrind.com.

Chapter 11 Petition Date: December 26, 2018

Court: United States Bankruptcy Court
       Central District of California (Los Angeles)

Case No.: 18-24861

Judge: Hon. Sheri Bluebond

Debtor's Counsel: Vanessa M. Haberbush, Esq.    
                  HABERBUSH & ASSOCIATES LLP  
                  444 W Ocean Blvd Ste 1400
                  Long Beach, CA 90802
                  Tel: 562-435-3456
                  Fax: 562-435-6335
                  E-mail: vhaberbush@lbinsolvency.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $100,000 to $500,000

The petition was signed by Gale Sturdevent, CEO and president.

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

             http://bankrupt.com/misc/cacb18-24861.pdf


COMMUNICATION SALES: Bank Debt Trades at 11% Off
------------------------------------------------
Participations in a syndicated loan under which Communications
Sales & Leasing Inc. is a borrower traded in the secondary market
at 89.50 cents-on-the-dollar during the week ended Friday, December
21, 2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 2.56 percentage points from
the previous week. Communications Sales pays 275 basis points above
LIBOR to borrow under the $2.107 billion facility. The bank loan
matures on October 24, 2022. Moody's rates the loan 'B3' and
Standard & Poor's gave a 'B-' rating to the loan. The loan is one
of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, December 21.


COMPLETE DISTRIBUTION: Hires E.P. Bud Kirk as Attorney
------------------------------------------------------
Complete Distribution Services, Inc. seeks authority from the
United States Bankruptcy Court for the Western District of Texas
(El Paso) to hire E. P. Bud Kirk as attorney.

Professional services to be rendered by E.P. Bud Kirk are:

     a. give the Debtor legal advice with respect to its powers and
duties as Debtor-in-Possession and the continued operation of its
business and management of its properties;

     b. review the various contracts entered by the Debtor and to
determine which contracts should be rejected and assumed;

     c. represent the Debtor in collection of its accounts
receivable, if needed;

     d. prepare on behalf of the Debtor necessary Schedules,
Statements, Applications, and Answers, Orders, Reports, and other
legal documents required for reorganization;

     e. assist the Debtor in formulation and negotiation of a Plan
with its creditors in these proceedings;

     f. review all presently pending litigation in which the Debtor
is a participant, to recommend settlement of such litigation which
the attorney deems to be in the best interest of the estate, and to
make an appearance as lead trial counsel in all litigation which
the attorney believes should be continued, if needed.

     g. review the transactions of the Debtor prior to the filing
of the Chapter 11 proceedings to determine what further litigation,
if any, pursuant to the Bankruptcy Code, or otherwise, should be
filed on behalf of the estate;

     h. examine all tax claims filed against the Debtor, to contest
any excessive amounts claimed therein, and to structure a payment
of the allowed taxes which conforms to the Bankruptcy Code and
Rules; and

     i. perform all other legal services of the Debtor, as
Debtor-in-Possession, which may be necessary.

E.P. Bud Kirk will be paid at these hourly rates:

     E.P. Bud Kirk (Attorney)           $300
     Kathryn A. McMillan (Paralegal)     $90
     Maura Casas (Paralegal)             $90
     Vanessa Narro (Paralegal)           $90

A retainer of $8,283 was paid to E.P. Bud Kirk upon the filing of
the bankruptcy proceedings.  Prior to filing, $4,290 was paid to
E.P. Bud Kirk by the Debtor, for pre-bankruptcy services actually
rendered.

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

E.P. Bud Kirk can be reached at:

     E.P. Bud Kirk, Esq.
     LAW OFFICE OF E.P. BUD KIRK
     600 Sunland Park Drive, Suite 400
     El Paso, TX 79912
     Tel: (915) 584-3773
     Fax: (915) 581-3452
     E-mail: budkirk@aol.com

               About Complete Distribution Services

Complete Distribution Services, Inc., is a diversified shipping
service company, providing short and long-haul support.  This
includes transportation, customer support and logistics.  Complete
Distribution Services Inc. offers local dispatch at its El Paso,
Texas, facility to meet its customers' needs.

Complete Distribution Services sought protection under Chapter 11
of the U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 18-31995) on
Nov. 29, 2018.  In the petition signed by Salvador A. Herrera,
president, the Debtor disclosed $2,784,801 in assets and $8,049,386
in liabilities.  Judge Christopher H. Mott oversees the case.  E.
P. Bud Kirk is the Debtor's counsel.




CONSTELLIS HOLDINGS: S&P Lowers ICR to 'B', Outlook Stable
----------------------------------------------------------
S&P Global Ratings, on Dec. 21, 2018, lowered its issuer credit
rating on Constellis Holdings LLC to 'B' from 'B+'.

S&P said, "At the same time, we lowered our issue-level ratings on
the company's first lien debt consisting of its $75 million
revolver and $872 million first lien term loan to 'B' from 'B+' and
revised the recovery rating to '4' from '3' due to additional
first-lien debt. The new $100 million first-lien term loan is not
rated.

"We also lowered the issue-level rating on its $215 million
second-lien term loan to 'CCC+' from 'BB-', while maintaining the
'6' recovery rating."

Constellis took on a higher proportion of domestic business in
2018. Although this change provides a little more stability while
diversifying contract mix, it results in lower margins due to the
higher price of labor and the less complex nature of the work. In
addition, profitability on new contracts is generally lower at
first due to start-up costs. This will cause EBITDA margins to be
9.5%-10.5% compared to S&P's previous expectations of 13%-14%.
Earnings in 2018 are likely to be especially weak due to various
one-time expenses, lost contracts, and accounting adjustments.

S&P said, "The stable outlook on Constellis reflects our
expectation credit measures, although weaker than previous
expectations, will improve in 2018 with higher margins and
revenues. We expect the company's debt-to-EBITDA metric to be
11x-11.5x in 2018 and 6x-6.5x in 2019.

"We could lower our rating on Constellis during the next six to 12
months if the company's debt-to-EBITDA metric remains above 7x.
This would most likely be caused by margins failing to improve as
we expected, further contract losses, or an even greater shift to
more lower-margin domestic work. A downgrade could also occur if
liquidity becomes constrained due to higher-than-expected
investments in new programs. Although less likely, it could also
occur if the company pursues large debt-financed acquisitions.

"Although unlikely, we could raise our rating on Constellis during
the next 12 months if the company's debt-to-EBITDA metric drops
below 5x and we expect it to remain there. This could occur if both
revenues and earnings increase substantially as the company wins
significant new contracts -- potentially higher-margin
international work -- while lowering its cost structure as new
programs become fully integrated into the business."



CONTINENTAL WHOLESALE: Case Summary & 20 Top Unsecured Creditors
----------------------------------------------------------------
Debtor: Continental Wholesale Diamonds LLC
        1715 N. Westshore Blvd., Ste. 150
        Tampa, FL 33607

Business Description: Continental Wholesale --
                      https://www.continentalwholesalediamonds.com
                      -- is a wholesale jewelry manufacturer that
                      has previously sold exclusively to fine
                      jewelry stores across the country.
                      Continental Wholesale Diamonds now offers
                      certified diamonds, engagement rings,
                      wedding bands, diamond stud and hoop
                      earrings and gold and silver designer
                      jewelry at wholesale prices.

Chapter 11 Petition Date: December 24, 2018

Court: United States Bankruptcy Court
       Middle District of Florida (Tampa)

Case No.: 18-11002

Judge: Hon. Catherine Peek McEwen

Debtor's Counsel: James W. Elliott, Esq.  
                  MCINTYRE THANASIDES BRINGGOLD, ET AL.  
                  500 E. Kennedy Blvd., Suite 200
                  Tampa, FL 33602
                  Tel: 813-223-0000
                  Fax: 813-899-6069
                  Email: james@mcintyrefirm.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Andrew Meyer, authorized
representative.

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

       http://bankrupt.com/misc/flmb18-11002_creditors.pdf

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

             http://bankrupt.com/misc/flmb18-11002.pdf


COWN AND COMPANY: To Hold Public Auction on Collateral
------------------------------------------------------
Cowen and Company, on behalf of Wells Fargo Bank National
Association, in its capacity as trustee ("trustee"), will conduct a
public sale of certain collateral pledged to Trustee.

The collateral will be offered and sold by the Trustee without
recourse, representations, or covenants, express or implied, being
made by the Trustee with respect to the collateral or with respect
to any other information then in the Trustee's possession,
including without limitation any offering circular or other
financial information.

The sale will be held at 599 Lexington Avenue, 21st Floor, New
York, New York 10022.

For additional information, including with respect to qualified
bidder status, and to obtain copies of an investor representation
and confidentiality agreement, contact:

   James Burke
   Cowen and Company
   599 Lexington Avenue, 21st Floor
   New York, NY 10022
   Tel: (212) 201-4837
   Email: jim.burke@cowen.com

   -- or --

   Yulia Gilman
   Cowen and Company
   599 Lexington Avenue, 21st Floor
   New York, NY 10022
   Tel: (212) 823-0234
   Email: yulia.gilman@cowen.com


CREATIVE LEARNING: Hires Rick S. Cowle as Bankruptcy Counsel
------------------------------------------------------------
Creative Learning Systems, LLC, d/b/a The Goddard School, seeks
authority from the U.S. Bankruptcy Court for the Southern District
of New York to hire The Law Office of Rick S. Cowle, P.C., as
bankruptcy counsel for the Debtor.

The professional services that the Cowle Firm is to render are:

     a. advise the Debtor regarding matters of bankruptcy law and
concerning the requirements of the Bankruptcy Code, and Bankruptcy
Rules relating to the administration of this case, and the
operation of the Debtor’s estate as a debtor in possession;

     b. provide the Debtor legal advice and assistance with respect
to the Debtor's powers and duties in the management of property of
the estate;

     c. negotiate with Debtor's creditors in working out a plan of
reorganization and took necessary legal steps in order to culminate
a plan;

     d. prepare, on Debtor's behalf, necessary petitions, answers,
orders, motions, reports and other legal papers;

     e. represent the Debtor in proceedings and hearings in the
court involving matters of bankruptcy law;

     f. provide advice, as counsel, concerning the claims of
secured and unsecured creditors, prosecution and/or defense of all
actions;

     g. perform such other legal services for Debtor, that may be
necessary in connection with the bankruptcy case.

Rick S. Cowle, Esq., President of the Cowle Firm, assures the Court
the his firm has no connection with the Debtor, its affiliates, its
creditors or any other party in interest or their respective
attorneys; is a "disinterested person," as that term is defined in
section 101(14) of the Bankruptcy Code; and does not hold or
represent any interest adverse to the estate.

The Cowle Firm's hourly fees are:

         Senior Attorney       $385
         Associates            $325
         Legal Assistants      $195

The counsel can be reached at:

     Rick S. Cowle, Esq.
     THE LAW OFFICE OF RICK S. COWLE, P.C.
     18 Fair Street
     Carmel, NY 10512
     Phone: (845) 225-3026

                 About Creative Learning Systems
                   d/b/a The Goddard School

The Goddard School has used the most current, academically endorsed
methods to ensure that children from six weeks to six years old
have fun while learning the skills they need for long-term success
in school and in life.

Creative Learning Systems, LLC, d/b/a The Goddard School, filed a
petition for relief pursuant to Chapter 11 of the United States
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 18-23814) on Nov. 26,
2018, estimating under $1 million in both assets and liabilities.
The Law Office of Rick S. Cowle, P.C., led by principal Rick S.
Cowle, is the Debtor's counsel.



DEL MONTE: Bank Debt Trades at 18% Off
--------------------------------------
Participations in a syndicated loan under which Del Monte Pacific
Ltd. is a borrower traded in the secondary market at 82.25
cents-on-the-dollar during the week ended Friday, December 21,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 2.37 percentage points from
the previous week. Del Monte pays 325 basis points above LIBOR to
borrow under the $710 million facility. The bank loan matures on
February 18, 2021. Moody's rates the loan 'Caa1' and Standard &
Poor's gave a 'CCC+' rating to the loan. The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
Friday, December 21.




DPW HOLDINGS: Eliminates Its Series C Preferred Stock
-----------------------------------------------------
DPW Holdings, Inc. filed with the Delaware Secretary of State on
Dec. 21, 2018, a Certificate of Elimination eliminating its Series
C Preferred Stock, Series D Preferred Stock and Series E Preferred
Stock and returning them to authorized but undesignated shares of
the Company's preferred stock.  None of the Preferred Shares was
outstanding.  The effective date of the Certificate of Elimination
was Dec. 21, 2018.  The text of the Certificate of Elimination is
available at no charge at https://is.gd/W8ZkUC

                          About DPW Holdings

DPW Holdings, Inc., formerly known as Digital Power Corp. --
http://www.DPWHoldings.com/-- is a diversified holding company
pursuing growth by acquiring undervalued businesses and disruptive
technologies that hold global potential.  Through its wholly owned
subsidiaries and strategic investments, the company provides
mission-critical products that support a diverse range of
industries, including defense/aerospace, industrial,
telecommunications, medical, crypto-mining, and textiles.  In
addition, the company owns a select portfolio of commercial
hospitality properties and extends credit to select entrepreneurial
businesses through a licensed lending subsidiary.  DPW Holdings,
Inc.'s headquarters is located at 201 Shipyard Way, Suite E,
Newport Beach, CA 92663.

DPW Holdings incurred a net loss of $10.89 million in 2017
following a net loss of $1.12 million in 2016.  As of Sept. 30,
2018, the Company had $53.10 million in total assets, $25 million
in total liabilities, and $28.09 million in total stockholders'
equity.

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


DPW HOLDINGS: Hosts Annual Shareholder Meeting
----------------------------------------------
DPW Holdings, Inc. hosted its annual shareholder meeting on Dec.
28, 2018 at the Irvine Hotel in Irvine, CA from 9:00 a.m. to 12:00
p.m. and discussed the contents of a presentation prepared by the
Company.  The Corporate Presentation includes an overview of the
Company's efforts in "sustainable" investment inclusive of its
subsidiaries and other business units and which is available at no
charge at https://is.gd/UsDAci

                         About DPW Holdings

DPW Holdings, Inc., formerly known as Digital Power Corp. --
http://www.DPWHoldings.com/-- is a diversified holding company
pursuing growth by acquiring undervalued businesses and disruptive
technologies that hold global potential.  Through its wholly owned
subsidiaries and strategic investments, the company provides
mission-critical products that support a diverse range of
industries, including defense/aerospace, industrial,
telecommunications, medical, crypto-mining, and textiles.  In
addition, the company owns a select portfolio of commercial
hospitality properties and extends credit to select entrepreneurial
businesses through a licensed lending subsidiary.  DPW Holdings,
Inc.'s headquarters is located at 201 Shipyard Way, Suite E,
Newport Beach, CA 92663.

DPW Holdings incurred a net loss of $10.89 million in 2017
following a net loss of $1.12 million in 2016.  As of Sept. 30,
2018, the Company had $53.10 million in total assets, $25 million
in total liabilities, and $28.09 million in total stockholders'
equity.

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


DPW HOLDINGS: Shareholders Elect Six Directors
----------------------------------------------
At the Annual Meeting of Shareholders of DPW Holdings, Inc. held on
Dec. 28, 2018, the Company's shareholders:

   (i) elected six directors named by the Company (Milton C.
       Ault, III, William B. Horne, Amos Kohn, Robert O. Smith,
       Moti Rosenberg and Jeffrey A. Bentz);

  (ii) ratified Marcum LLP, as the Company's independent
       registered public accounting firm for the fiscal year
       ending Dec. 31, 2018;

(iii) approved the grant of 1,000,000 shares of Class A Common
       Stock to vest ratably over 48 months beginning on Jan. 1,
       2020, the grant of options to purchase 500,000 shares of
       Common Stock at an exercise price of $0.80 which option
       shall vest over 60 months, and the CEO Performance Award,
       each of the foregoing pursuant to the terms of the Ault
       Employment Agreement (defined in the proxy statement on
       Schedule 14A filed with the Securities and Exchange
       Commission as of Nov. 19, 2018;

  (iv) approved the grant of 1,000,000 shares of Common Stock, to
       vest in installments of 200,000 annually over 5 years
       beginning on Jan. 1, 2019, and the grant of options to
       purchase 500,000 shares of Common Stock at an exercise
       price of $2.32 which option will vest over 60 months, each
       of the foregoing pursuant to the terms of the Horne
       Employment Agreement;

   (v) approved the equity issuances to directors and executive
       officers of the Company, in order to comply with the
       listing rules of NYSE American;

  (vi) approved the issuance of 6,044,685 shares of Common Stock
       pursuant to an amendment that reduced the conversion price
       of the Secured Convertible Promissory Note to $0.40 from
       $0.75;

(vii) approved the issuance of 2,500,000 shares of Common Stock
       pursuant to the conversion of a Senior Secured Convertible
       Promissory Note at a conversion price equal to $0.40 per
       share and up to 400,000 shares of Common Stock in
       accordance with the Securities Purchase Agreement dated
       July 2, 2018 and amended Aug. 31, 2018;

(viii) approved the issuance of 5,000,000 shares of Common Stock
       pursuant to the conversion of a Senior Secured Convertible
       Promissory Note at a conversion price equal to $0.40 per
       share and up to 620,000 shares of Common Stock, in
       accordance with the Securities Purchase Agreement dated
       Aug. 31, 2018;

  (ix) approved the adoption of the Company's 2018 Stock Incentive

       Plan; and
      
   (x) approved the amendment to the Company's Certificate of
       Incorporation to increase the authorized shares of Common
       Stock from 200,000,000 to 500,000,000.

As of Nov. 13, 2018, the record date for the meeting, the Company
had outstanding and entitled to vote 73,232,808 shares of common
stock and 125,000 shares of its outstanding Series B Preferred
Convertible Stock.  The 125,000 shares of Series B Preferred Stock
carry the voting power of 2.38% of all votes entitled to be voted
at the meeting for an aggregate of 75,018,522 shares of capital
stock voting as a single class eligible to be cast on any matter
placed before the shareholders.  The Company obtained quorum for
both the common stock and the Series B Preferred Convertible
Stock.

                       About DPW Holdings

DPW Holdings, Inc., formerly known as Digital Power Corp. --
http://www.DPWHoldings.com/-- is a diversified holding company
pursuing growth by acquiring undervalued businesses and disruptive
technologies that hold global potential.  Through its wholly owned
subsidiaries and strategic investments, the company provides
mission-critical products that support a diverse range of
industries, including defense/aerospace, industrial,
telecommunications, medical, crypto-mining, and textiles.  In
addition, the company owns a select portfolio of commercial
hospitality properties and extends credit to select entrepreneurial
businesses through a licensed lending subsidiary.  DPW Holdings,
Inc.'s headquarters is located at 201 Shipyard Way, Suite E,
Newport Beach, CA 92663.

DPW Holdings incurred a net loss of $10.89 million in 2017
following a net loss of $1.12 million in 2016.  As of Sept. 30,
2018, the Company had $53.10 million in total assets, $25 million
in total liabilities, and $28.09 million in total stockholders'
equity.

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


DTI HOLDCO: Bank Debt Trades at 7% Off
--------------------------------------
Participations in a syndicated loan under which DTI Holdco Inc. is
a borrower traded in the secondary market at 93.42
cents-on-the-dollar during the week ended Friday, December 21,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 2.05 percentage points from
the previous week. DTI Holdco pays 475 basis points above LIBOR to
borrow under the $1.18 billion facility. The bank loan matures on
September 30, 2023. Moody's rates the loan 'B3' and Standard &
Poor's gave a 'B' rating to the loan. The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
Friday, December 21.


DTV INC: Seeks to Hire Buckingham Doolittle as New Counsel
----------------------------------------------------------
DTV Inc. seeks approval from the U.S. Bankruptcy Court for the
Northern District of Ohio to hire Buckingham, Doolittle & Burroughs
LLC as its new legal counsel.

Buckingham will substitute for Buckley King, LPA, the firm
previously employed by the Debtor to represent it in its Chapter 11
case.

Buckley King withdrew as Debtor's counsel after Heather Heberlein,
Esq., the firm's attorney with client relationship with the Debtor,
moved to Buckingham early this month.

Buckingham will charge the Debtor for its legal services on an
hourly basis and will be reimbursed for work-related expenses.

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

Buckingham can be reached through:

     Heather E. Heberlein, Esq.
     Buckingham Doolittle & Burroughs, LLC
     1700 One Cleveland Center
     1375 East Ninth Street
     Cleveland, OH 44114
     Telephone: (216) 621-5300
     Email: heberlein@buckleyking.com

                          About DTV Inc.

Operating for 55 years, DTV Inc. is a retail store with one
location, in Mayfield Heights, doing business as Danny Vegh's Home
Entertainment, selling pool tables, ping-pong tables, and
furniture, among other things.  DTV Inc. filed a Chapter 11
bankruptcy petition (Bankr. E.D. Ohio Case No. 18-14052) on July 8,
2018.

Buckingham, Doolittle & Burroughs LLC is serving as the Debtor's
legal counsel.  Buckingham substituted for Buckley King, LPA, the
firm previously employed by the Debtor to represent it in its
Chapter 11 case.

The U.S. Trustee for Region 9 appointed an official committee of
unsecured creditors on Sept. 4, 2018.  The committee retained Hahn
Loeser & Parks LLP as its legal counsel.



EAST END BUS: Delays Plan to Finalize Negotiations With Lenders
---------------------------------------------------------------
East End Bus Lines and its debtor-affiliates ask the U.S.
Bankruptcy Court for the Eastern District of New York for a 120-day
extension of the expiration of the exclusive periods during which
only the Debtors may file a chapter 11 plan and solicit acceptance
of such plan to and including May 10, 2019 and July 10, 2019,
respectively.

The Debtors aver that they are still in the process of finalizing
negotiations with several equipment lenders on restructured loan
arrangements. The Debtors have already reached tentative agreements
with three of those lenders who are owed collectively the aggregate
sum of $15,000,000, which is approximately half of the Debtors'
secured debt.

The Debtors are optimistic that they will be able to resolve with
the remaining secured creditors and turn their attention to
formulating a plan of reorganization. Thus, until the results of
these efforts can be determined, the Debtors assert that it would
be unreasonable to expect anyone else to formulate a feasible plan.
Rather, the Debtor believes that it would be appropriate to first
allow them an opportunity to improve profitability and gauge future
performance and assess certain liens and claims in order to
determine if their plan makes sense.

                     About East End Bus Lines

East End Bus Lines Inc. and its subsidiaries --
https://www.eastendbus.com/ -- offer bus transportation services
for students.  East End Bus Lines and Montauk Student Transport are
dedicated to providing cost-effective solutions for transportation
requirements for private schools, public schools, charter trips,
and camping events. Founded in 2007, East End Bus Lines was later
joined by Montauk Student Transport under the guidance of John
Mensch.

East End Bus Lines and its subsidiaries, namely, Montauk Student
Transport LLC, and Montauk Transit Service LLC, filed voluntary
petitions for relief under Chapter 11 of the U.S. Bankruptcy Code
(Bankr. E.D.N.Y. Lead Case No. 18-76176) on Sept. 13, 2018.   

In the petitions signed by John Mensch, president, East End Bus
Lines and Montauk Student Transport estimated up to $50,000 and $10
million to $50 million in liabilities, and Montauk Transit Service
estimated up to $50,000 in assets and $1 million to $10 million in
liabilities.

The Debtors tapped Weinberg, Gross & Pergament LLP as their legal
counsel, and Giambalvo, Stalzer & Company, CPA's, PC as their
accountant.  The Debtors hired Littler Mendelson PC, as special
counsel to represent them in labor relations matters.

No official committee of unsecured creditors has been appointed in
the Chapter 11 cases.


ENDEMOL ENTERTAINMENT: Bank Debt Trades at 4% Off
-------------------------------------------------
Participations in a syndicated loan under which Endemol
Entertainment Holding NV is a borrower traded in the secondary
market at 95.58 cents-on-the-dollar during the week ended Friday,
December 21, 2018, according to data compiled by LSTA/Thomson
Reuters MTM Pricing. This represents a decrease of 2.67 percentage
points from the previous week. Endemol Entertainment pays 575 basis
points above LIBOR to borrow under the $265 million facility. The
bank loan matures on August 13, 2021. Moody's rates the loan 'B3'
and Standard & Poor's gave a 'CCC+' rating to the loan. The loan is
one of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, December 21.


ENNIA CARIBE: Court Recognizes Curacao Rehabilitation Proceeding
----------------------------------------------------------------
R.M. Hermans, Ph.D., LL.M., M.Sc. filed chapter 15 petitions and
asked the Court to recognize what is essentially an insurance
company rehabilitation proceeding in Curacao as a "foreign main
proceeding" and to recognize him as the "foreign representative,"
both as defined in the Bankruptcy Code.

Upon careful analysis, Bankruptcy Judge Martin Glenn grants
Hermans' request and recognizes the Curacao proceeding as a foreign
main proceeding and Hermans is recognized as the Foreign
Representative.

Hermans filed the Petitions on behalf of ENNIA Caribe Holding N.V.,
the largest insurance company in Curacao. ENNIA consists of three
Curaçao-based insurance companies and three of their unregulated
affiliates. All the Foreign Debtors are directly or indirectly
owned by non-debtor Parman International B.V. Parman filed an
objection to the motion for recognition. The Central Bank of
Curacao and St. Maarten regulates Curacao insurance companies,
including the Insurer Debtors.

The genesis of the dispute between the parties--which has been
building over the last two or more years--is the liquidity levels
of the Insurer Debtors.

Parman argues that the Curacao proceeding is not a "collective
proceeding," and that it is not a proceeding in which "the assets
and affairs of the debtor are subject to control or supervision by
a foreign court . . . ." Parman also argues that even if the
Curacao proceeding would satisfy the requirements to be a "foreign
proceeding," this Court should nevertheless refuse to recognize the
Curacao proceeding because, in Parman's view, it is "manifestly
contrary to the public policy of the United States," 11 U.S.C.
section 1506, because the Curacao statutory procedure violates due
process.

Parman argues that the Court should not recognize the Proceeding
because ENNIA did not receive adequate notice of the hearing on
July 4, 2018. Parman contends that this renders the Proceeding
"manifestly contrary to the public policy of the United States."
The Court disagrees.

Far from manifestly contrary to public policy, Curacao's regulation
of insurance companies, and its statutory authority for insurance
company rehabilitation procedures, are largely consistent with the
approaches to such issues utilized in this country and in most
countries around the world, with variations reflecting local
approaches to administrative and judicial allocation of authority.

Parman argues that the Proceeding is manifestly contrary to the
public policy of the
United States because ENNIA did not receive sufficient notice of
the Proceeding. The parties dispute precisely how much notice ENNIA
received. Parman states that ENNIA received notice of the hearing
less than four hours in advance. The Foreign Representative claims
that ENNIA received notice one day in advance and notes that the
hearing came after years of discussion between ENNIA and the CBCS.
Even if Court accepts Parman’s version of the facts, the Court
does not find that the amount of notice given would violate due
process, let alone be manifestly contrary to the public policy of
the United States.

Parman also argues that recognition is inappropriate on foreign
policy grounds because the "Curacao Court lacked statutory
authority over the non-regulated entities." Parman made and lost
this argument in the court in Curacao. Therefore, this argument
amounts to no more than an improper request for another bite of the
apple. The Court concludes that Parman's argument is also an
inaccurate statement of the law of Curacao and the Netherlands. In
appropriate circumstances courts in those countries may extend
emergency regulations to unregulated affiliates of insurance
companies. The court in Curacao determined that the Emergency
Regulations should be extended to the Insurer Debtors' unregulated
affiliates. It is not the role of a bankruptcy court in a chapter
15 case to second guess the decisions of the Curacao court.

A copy of the Court's Memorandum Opinion and Order dated Dec. 20,
2018 is available at:

     http://bankrupt.com/misc/nysb18-12908-73.pdf

Counsel to the Foreign Representative:

     Timothy Graulich, Esq.
     James I. McClammy, Esq.
     Rachelle Navarro, Esq.
     Adam L. Shpeen, Esq.
     DAVIS POLK & WARDWELL LLP
     450 Lexington Avenue New York, New York 10017
     timothy.graulich@davispolk.com
     james.mcclammy@davispolk.com
     rachelle.navarro@davispolk.com
     adam.shpeen@davispolk.com

Counsel for Parman International B.V.:

     Bruce S. Bennett, Esq.
     Victoria Dorfman, Esq.
     Stephen J. Pearson, Esq.
     JONES DAY
     555 South Flower Street, 50th Floor Los Angeles, CA 90071
     bbennett@jonesday.com
     vdorfman@jonesday.com
     spearson@jonesday.com

Counsel for Parman International B.V.:

     Dennis H. Tracey, Esq.
     Robin Keller, Esq.
     HOGAN LOVELLS US LLP
     875 Third Avenue New York, NY 10022
     dennis.tracey@hoganlovells.com
     robin.keller@hoganlovells.com

The Company and its affiliates filed for Chapter 15 bankruptcy
protection on Sept. 25, 2018 (Bankr. S.D.N.Y. Lead Case No.
18-12908).  Timothy Graulich, Esq., James I. McClammy, Esq., and
Adam L. Shpeen, Esq., at Davis Polk & Wardwell LLP, represent the
Debtors in their bankruptcy cases.


EST GROUP: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------
Debtor: EST Group, LLC
        1907 Ascension Blvd., Suite 100
        Arlington, TX 76006

Business Description: EST Group, LLC. is an IT solutions company
                      that provides integration and consulting
                      services tailored around automating,
                      managing, and securing an organization's IT
                      environment.  

                      https://www.est-grp.com/

Chapter 11 Petition Date: December 26, 2018

Court: United States Bankruptcy Court
       Northern District of Texas (Ft. Worth)

Case No.: 18-45031

Judge: Hon. Mark X. Mullin

Debtor's Counsel: Robert A. Simon, Esq.
                  WHITAKER CHALK SWINDLE & SCHWARTZ, PLLC  
                  301 Commerce Street, Suite 3500
                  Fort Worth, TX 76102
                  Tel: (817) 878-0500
                  Fax: (817) 878-0501
                  E-mail: rsimon@whitakerchalk.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Timothy B. Spires, president.

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

   http://bankrupt.com/misc/txnb18-45031_creditors.pdf

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

          http://bankrupt.com/misc/txnb18-45031.pdf


EVERGREEN INFORMATION: Exclusive Filing Period Extended to March 7
------------------------------------------------------------------
The Hon. Thomas J. Catliota of the U.S. Bankruptcy Court for the
District of Maryland granted Evergreen Information Technology
Services, Inc., an extension of the exclusive period within which
to file a Chapter 11 plan and disclosure statement to March 7,
2019.

         About Evergreen Information Technology Services

Evergreen Information Technology Services, Inc., based in Laurel,
Maryland, offers an array of IT services and solutions including
Continuity of operations Planning (COOP), Risk Assessment, Disaster
Recovery, Network Operations Support, Migration from Legacy
Systems, Service Desk and End-User Support, IT Service Management,
IT Program Management, E Governance, Cabling Inside/Outside Plant,
VoiP, and A/V VTC Systems.

Evergreen Information Technology Services sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. D. Md. Case No. 18-17749)
on June 7, 2018.  In the petition signed by its president Terrance
Martin, the Debtor disclosed total assets of $231,861 and $1.84
million in debt.

Judge Thomas J. Catliota oversees the case.  

Justin M. Reiner, Esq., at Axelson, Williamowsky, Bender & Fishman,
P.C., is the Debtor's counsel.  The Debtor tapped Myke Jones and
his firm, DSI Corporation, as its accountant.


G.A.F. SEELIG: Exclusive Filing Period Extended Through April 26
----------------------------------------------------------------
The Hon. Elizabeth S. Stong of the U.S. Bankruptcy Court for the
Eastern District of New York granted G.A.F. Seelig, Inc., an
extension of the Debtor's exclusive filing period through and
including April 26, 2019, and the exclusive solicitation period
through and including June 26, 2019.

The Troubled Company Reporter has previously reported that the
Debtor sought for an additional 120 days extension of the Exclusive
Periods.  The Debtor said that an extension is appropriate in
circumstances where the Exclusive Periods would expire before the
Debtor can achieve certainty on major issues in this case,
including but not limited to (i) establishing what will be
available for distribution under a plan once the Extended Bar Date
(September 7, 2018) passes; (ii) resolving the pending objections
to the claims filed by Local 584 Pension Trust Fund for alleged
"withdrawal liability" in the sum of $3,107,088 and O-AT-KA Milk
Products Cooperative Inc., claims totaling $478,933.32; and (iii)
preparing and filing an accurate chapter 11 plan and disclosure
statement. The Debtor assured the Court that once the planned
activities are completed, it will be in a better position to
establish treatment of creditors under the plan.

                      About G.A.F. Seelig

Headquartered in Woodside, New York, G.A.F. Seelig, Inc., is a
family owned company that distributes dairy products (skims,
lo-fats, whole milk), creams, yogurts, juices, water, imported and
domestic cheeses, purees, raviolis and pastas, oils and vinegars,
chocolate and an ever expanding array of food service items.

G.A.F. Seelig, Inc., filed Chapter 11 petitions (Bankr. E.D.N.Y.
Case Nos. 17-46968) on Dec. 30, 2017.  In the petition signed by
Rodney P. Seelig, president, the Debtor estimated assets of $1
million to $10 million and liabilities of the same range.

The Debtors tapped Michael L Moskowitz, Esq., at Weltman &
Moskwitz, LLP, as bankruptcy counsel; and MYC & Associates, Inc.,
as auctioneer.


GARY REED ENTERPRISES: Delays Plan Until Operations Stabilizes
--------------------------------------------------------------
Gary Reed Enterprises, Inc., asks the U.S. Bankruptcy Court for the
Western District of New York to extend its exclusivity period to
file a Chapter 11 plan of reorganization and disclosure statement,
and the acceptance period for 90 days pursuant to Section
1121(d)(1) of the Bankruptcy Code or as the Court may otherwise
order.

The Debtor operates a chain of eight Hair Zoo hair salons in the
Rochester, New York area. The Debtor continues to operate its
business, and intends to file an operating Chapter 11 Plan, to be
funded by positive cash flow from the operations of the business.

Since filing its case, the Debtor has rejected three unprofitable
store leases. The Debtor has also sought to cut expenses and
increase revenue for the remaining stores, so as to increase cash
available for funding a Plan of Reorganization.  Since the filing,
the Debtor has generated positive cash flow.

The Debtor seeks a brief extension of the exclusivity period, so as
to allow it several months to stabilize operations, and to have a
better idea of cash available for plan distribution.

                  About Gary Reed Enterprises

Gary Reed Enterprises Inc., operator of a chain of eight Hair Zoo
hair salons in the Rochester, New York area, sought Chapter 11
protection (Bankr. W.D.N.Y. Case No. 18-20869) on Aug. 21, 2018.
In the petition signed by Gary Reed, Sr., president, the Debtor
estimated $1 million to $10 million in assets and liabilities.  The
Hon. Warren, U.S.B.J., oversees the case.  David L. Rasmussen,
Esq., at Davidson Fink, LLP, serves as bankruptcy counsel to the
Debtor.


GEO GROUP: Bank Debt Trades at 7% Off
-------------------------------------
Participations in a syndicated loan under which GEO Group Inc.
[Ex-Wackenhut Corrections Corp] is a borrower traded in the
secondary market at 92.63 cents-on-the-dollar during the week ended
Friday, December 21, 2018, according to data compiled by
LSTA/Thomson Reuters MTM Pricing. This represents a decrease of
5.46 percentage points from the previous week. GEO Group pays 200
basis points above LIBOR to borrow under the $792 million facility.
The bank loan matures on March 23, 2024. Moody's rates the loan
'Ba3' and Standard & Poor's gave a 'BB+' rating to the loan. The
loan is one of the biggest gainers and losers among 247 widely
quoted syndicated loans with five or more bids in secondary trading
for the week ended Friday, December 21.


GILLESPIE OFFICE: Denial of Bid for Ruling as Matter of Law Upheld
------------------------------------------------------------------
The Supreme Court of Nevada affirmed the district court's denial of
appellants' motion for judgment as a matter of law, or
alternatively, motion for remittitur or a new trial; and
respondents' motion to alter or amend the judgment in regards to
their business disparagement claim in the case captioned GILLESPIE
OFFICE AND SYSTEMS FURNITURE, LLC, A NEVADA LIMITED LIABILITY
COMPANY, D/B/A A&B PRINTING & MAILING; AND KATHY GILLESPIE, AN
INDIVIDUAL, Appellants, v. RONNI COUNCIL, AN INDIVIDUAL; ORGANIZED
KARMA, LLC, A NEVADA LIMITED LIABILITY COMPANY; AND ALCHEMY, LLC, A
NEVADA LIMITED LIABILITY COMPANY, Respondents, Nos. 73211, 73752
(Nev.).

Respondent Ronni Council, a political consultant, owns a political
consulting business, respondent Organized Karma, LLC, and a
political fundraising business, respondent Alchemy, LLC. Appellant
A&B Printing & Mailing, a printing company co-owned by appellant
Kathy Gillespie, received a significant portion of its business
from various political campaigns that were referred by political
consultants. In 2004, Council began using A&B for her clients'
printing and mailing needs. In 2014, however, Gillespie learned
that Council began using another printing company for her clients'
campaign, which strained their business relationship.

Thereafter, approximately 116 recipients, mostly potential
candidates for judicial and political office, were mailed an
anonymous postcard. The front side of the postcard proclaimed:
"Ronnie Council is the Biggest Loser," "She has lost 80% of her
races," and "Why Hire a Loser?" Small print located on the front
side also indicated that the 80 percent loss number was based on
the "[b]est compiled listing of represented races & estimated
percent." The back side of the postcard again featured the words
"Ronnie Council is the Biggest Loser" and "80%," in addition to a
list of 18 campaigns that Council had allegedly been involved in,
most of which were labeled as "lost."

Respondents learned that Gillespie was responsible for the postcard
and filed a complaint against appellants for defamation per se,
business disparagement, intentional interference with prospective
economic relationship, and injunctive relief.2 Appellants
subsequently filed for bankruptcy under Chapter 11 of the United
States Bankruptcy Code, which automatically stayed respondents'
lawsuit against appellants. Respondents filed a motion to lift the
stay, which the bankruptcy court granted and allowed the lawsuit to
proceed to trial.

Appellants argue that the defamatory statements did not constitute
defamation per se because such statements did not impugn Council's
lack of fitness for trade, business, or profession. Instead,
appellants contend that such statements attacked the quality of
Council's political campaign services. Respondents argue that the
defamatory statements contained in the postcard were defamation per
se. The Court agrees with respondents.

To prevail on a defamation claim, a party must show: "(1) a false
and defamatory statement of fact by the defendant concerning the
plaintiff; (2) an unprivileged publication to a third person; (3)
fault, amounting to at least negligence; and (4) actual or presumed
damages."

Having reviewed the briefs and appendices on appeal, the Court
concludes that the statements contained in the postcard were
defamatory per se. Undoubtedly, respondents prevail on the first
and third elements, as the record reveals that the statements
contained in the postcard were false and made with malicious intent
based on respondents' business relationship with another printing
company. In addition, a reasonable person would likely understand
the statements regarding the 80% loss number based on the "[b]est
compiled listing of represented races & estimated percent" as
statements of existing fact. Accordingly, the district court did
not err by denying appellants' motion for judgment as a matter of
law.

Appellants argue that an award of punitive damages is inappropriate
against an entity in bankruptcy. Respondents argue that this is an
issue appropriately left for the bankruptcy court to handle. The
Court agrees with respondents.

In regards to any debt for willful and malicious injury by the
debtor to another entity or to the property of another entity, "the
creditor must initiate proceedings in the bankruptcy court for an
exception, and if the creditor does not act, the debt is
discharged." However, the determination of the dischargeability for
this kind of debt is exclusively within the bankruptcy court's
jurisdiction. Accordingly, whether punitive damages may be
discharged against A&B is an issue appropriately left for the
bankruptcy court to resolve.

A copy of the Court's Order dated Dec. 7, 2018 is available at
https://bit.ly/2UYstIa from Leagle.com.

           About Gillespie Office and Systems Furniture

Gillespie Office and Systems Furniture, Inc., does business as A&B
Printing, located at 2908 South Highland Drive, Set. B, Las Vegas,
Nevada.  The Company has been providing printing and mailing
services to customers in Las Vegas since 1979.

Gillespie Office and Systems Furniture filed a Chapter 11
bankruptcy petition (Bankr. D. Nev. Case No. 16-11943) on April 11,
2016.  In the petition signed by Kathleen L. Gillespie, president,
the Debtor estimated assets and liabilities at $500,001 to $1
million at the time of the filing.

Clark Hill PLLC's Candace C. Carlyon, Esq, and Tracy M. O'Steen,
Esq., presently serve as counsel to the Debtor.  Morris, Polich &
Purdy served as bankruptcy counsel to the Debtor in place of the
law firm of Larson and Zirzow, effective as of June 17, 2016.

Levy Law, LLC, serves as special counsel while Holland & Hart
serves as insurance defense litigation counsel to the Debtor.
Serl, Keefer, Welter CPAs, LLP has been tapped as accountant.

No request has been made for the appointment of a trustee or
examiner, and no official committees have been appointed in this
Chapter 11 case.


GOD'S HOUSE OF REFUGE: Voluntary Chapter 11 Case Summary
--------------------------------------------------------
Debtor: God's House of Refuge Christian Center, Inc.
        1541 North Cocoa Avenue
        Post Office Box 236414
        Cocoa, FL 32923
        Tel: 321-258-0554

Business Description: God's House of Refuge Christian Center, Inc.
                      is a tax-exempt religious organization in
                      Cocoa, Florida.  The company previously
                      sought bankruptcy protection on May 19, 2017
                      (Bankr. M.D. Fla. Case No. 17-03291) and
                      Nov. 19, 2018 (Bankr. M.D. Fla. Case No.
                      18-07201).

Chapter 11 Petition Date: December 28, 2018

Court: United States Bankruptcy Court
       Middle District of Florida (Orlando)

Case No.: 18-07997

Debtor's Counsel: Jacinta M. Mathis, Esq.   
                  MATHIS LAW GROUP  
                  10039 Autumn Creek Lane
                  Orlando, FL 32832-5939
                  Tel: 407-516-9200
                  E-mail: jacinta.mathis@gmail.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Byron Jones, president.

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

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

              http://bankrupt.com/misc/flmb18-07997.pdf


GRIMM BROTHERS: Seeks to Hire Moretsky Law Firm as New Counsel
--------------------------------------------------------------
Grimm Brothers Realty Co. seeks approval from the U.S. Bankruptcy
Court for the Eastern District of Pennsylvania to hire Moretsky Law
Firm as its new legal counsel.

The firm will substitute for Joshua L. Thomas & Associates and
Jensen Bagnato, P.C.  Both are expected to withdraw as counsel from
the Debtor's Chapter 11 case.  

Moretsky received $10,000 for its services.  A balance of $10,000
remains and is being held to be applied against the firm's
post-petition fees and expenses.

The firm does not represent any interest adverse to the Debtor's
bankruptcy estate, creditors or any "party in interest," according
to court filings.

Moretsky can be reached through:

     Alexander Moretsky, Esq.
     Moretsky Law Firm
     2617 Huntingdon Pike
     Huntingdon Valley, PA 19006
     Phone: 215-344-8343
     Fax: 215-344-8093

                  About Grimm Brothers Realty Co.

Grimm Brothers Realty Co. is a privately-held company in
Norristown, Pennsylvania, and is a wholesale building materials
supplier.

Grimm Brothers sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Pa. Case No. 17-13697) on May 26, 2017.  In the
petition signed by Gary Grimm, officer, the Debtor estimated assets
of $1 million to $10 million and liabilities of less than $1
million.  Judge Magdeline D. Coleman presides over the case.  The
Debtor employed Joshua L. Thomas & Associates and Jensen Bagnato,
P.C. as its legal counsel.


GULF COAST MEDICAL: Exclusive Plan Filing Period Moved to Dec. 31
-----------------------------------------------------------------
The Hon. Caryl E. Delano of the U.S. Bankruptcy Court for the
Middle District of Florida, at the behest of debtor Gulf Coast
Medical Park, LLC, has extended the Debtor's exclusive filing
period through and including Dec. 31, 2018, and the exclusive
solicitation period through and including March 1, 2019.

As reported by the Troubled Company Reporter on Dec. 12, 2018, the
Debtor sought for an additional an extension of the Exclusive
Filing Period, out of an abundance of caution, to conform with the
Dec. 31st Filing Deadline set forth in the Initial Order and the
Filing Deadline Order.

Pursuant to the Court's Initial Order, the Debtor's Exclusive
Solicitation Period and together with the Exclusive Filing Period
has been extended to through and including Nov. 23, 2018 and Jan.
22, 2019, respectively.  After entry of the Initial Order, on Nov.
8, 2018, the Court issued an Order Establishing Deadline for Filing
Plan and Disclosure Statement.  The Filing Deadline Order
established the Debtor must file a Plan and Disclosure Statement on
or before Dec. 31, 2018. A strict reading of the Initial Order and
the Filing Deadline Order suggests that creditors could perhaps
submit a plan between Nov. 23, 2018 and Dec. 31, 2018.  

                  About Gulf Coast Medical Park

Gulf Coast Medical Park LLC, based in Punta Gorda, FL, filed a
Chapter 11 petition (Bankr. M.D. Fla. Case No. 18-02446) on March
28, 2018.  In the petition signed by Magnus Karlstedt, managing
member, the Debtor estimated $1 million to $10 million in assets
and $10 million to $50 million in liabilities.  The Hon. Caryl E.
Delano is the case judge.  Michael R. Dal Lago, Esq., at Dal Lago
Law, serves as bankruptcy counsel to the Debtor.  Holmes Fraser,
P.A., is the special litigation counsel; and Webb, Lorah &
McMillan, PLLC, CPAs, is the accountant.  No official committee of
unsecured creditors has been appointed in the Chapter 11 case.


HARTLAND MMI: Court Awards Winterton Law Firm $244K as Compensation
-------------------------------------------------------------------
Bankruptcy Judge Mike K. Nakagawa grants the First and Final
Application for Award of Compensation to David J. Winterton &
Assoc. for services rendered in the Chapter 11 proceeding of
Hartland MMI, LLC.

The court has reviewed the billing statements attached to the Fee
Application, as well as the history of the proceedings in this
case. The total amount of attorney's fees set forth in the
Winterton Billing Statement is $319,095 and the total amount of
costs is $4,999.07. The court also has considered the written
objections presented by Hart, Lueck, and the UST, and the detailed
replies to each objection submitted by attorney Winterton. The oral
arguments of counsel at the hearing also have been considered.
Based on this record, the court concludes that the Winterton Firm
should be allowed professional fees and reimbursement of costs.

In reviewing the amount of services billed by the Winterton Firm in
this case, the court takes into consideration how this case has
proceeded. The voluntary Chapter 11 petition, signed by Hart, was
filed on Feb. 8, 2017. The Hartland Mansion was the primary asset
of the Chapter 11 estate, and the Debtor had entered into a listing
agreement to sell the property more than a month before the
bankruptcy was filed.  After the Chapter 11 petition was filed, the
Debtor took the usual steps of seeking authority to use cash
collateral to approve the employment of the existing realtor, and
to obtain post-petition financing. By June 8, 2017, the 120-day
exclusive period under Section 1121(b) for the Debtor to file a
proposed Chapter 11 plan expired, allowing any creditor or other
party in interest to file a proposed plan of reorganization.

Prior to the associate's initial time entry on Nov. 20, 2017, the
Winterton Billing Statement reveals that attorney Winterton billed
283.7 hours for professional services in this case. That figure
represents approximately 38% of the total hours that he billed.
Clearly there were no other attorneys in the Winterton Firm prior
to Nov. 20, 2017, who could have provided attorney services to the
bankruptcy estate. After Nov. 20, 2017, attorney Winterton billed
459.6 hours in the case. That figure represents approximately 62%
of the total hours he billed. A review of the time entries after
Nov. 20, 2017, reveals that attorney Winterton spent the greatest
portion of his time drafting, amending, and negotiating the Sale
Motion, in addition to time spent negotiating and disputing the
final form of the Sale Order that accomplished the disposition of
the Hartland Mansion. It is not unexpected nor unreasonable that
attorney Winterton, as senior counsel in a two-attorney law firm,
rather than the associate, would undertake those critical tasks.

The court concludes that the rates charged by the Winterton Firm
are appropriate. Those hourly rates appear to be comparable to
those charged in non-bankruptcy matters. While the court has not
been provided evidence of whether the members of the law firm
possess any relevant certifications beyond their licenses to
practice law, the firm has demonstrated sufficient skill and
experience in bankruptcy matters. Because the Chapter 11 proceeding
prevented the Hartland Mansion from being foreclosed, and allowed
the sale to be completed, the services rendered by the Winterton
Firm were both necessary and beneficial.

The court will reduce the original fee request by the initial
amount of $31,600 to reflect the amounts billed during the period
prior to the authorized employment of the Winterton Firm. For the
remaining $287,495 billed during the authorized period of
employment, the court will apply a 15% reduction of $43,124.25. The
resulting allowance for attorney's fees is $244,370.75. The court
also will reduce the original cost reimbursement request by the
amount of $140.47 incurred in the period prior to the authorized
employment of the Winterton Firm. From the remaining $4,858.60
incurred during the authorized period of employment, the court will
disallow the three parking ticket charges totaling $60.00, as well
as the postage charge of $2,491 that was dated on Feb. 23, 2018.
The resulting allowance for reimbursement of costs advanced is
$2,307.60.

In sum, professional compensation for services rendered in the
Chapter 11 proceeding is allowed in the total amount of
$244,370.75; and reimbursement of costs advanced is allowed in the
total amount of $2,307.60.

The sums allowed may be paid to David J. Winterton & Assoc., Ltd.,
from any unencumbered funds available in the Chapter 11 estate.

The bankruptcy case is in re: HARTLAND MMI, LLC, Chapter 11,
Debtor, Case No. 17-10549-MKN (Bankr. D. Nev.).

A copy of the Court's Order dated Dec. 10, 2018 is available at
https://bit.ly/2BzPrwt from Leagle.com.

HARTLAND MMI, LLC, Debtor, represented by DAVID J. WINTERTON.

U.S. TRUSTEE - LV - 11, U.S. Trustee, represented by JASON
BLUMBERG, OFFICE OF THE UNITED STATES TRUSTEE.

                       About Hartland MMI

Hartland MMI, LLC, is in the special events business.  It rents out
its facilities located at 1044 South 6th St. and 525 Park Paseo,
Las Vegas, Nevada, for special events such as weddings, high school
proms and so on.

Hartland MMI, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Nev. Case No. 17-10549) on Feb. 8, 2017.
In the petition signed by Garry Hart, manager, the Debtor
disclosed $3.65 million in assets and $2.02 million in
liabilities.

The case is assigned to Judge Mike K. Nakagawa.

Frederic P. Schwieg, Esq., in Rocky River, Ohio, serves as counsel
to the Debtor.

Coldwell Banker Premier Realty is the real estate broker for the
Debtor.


HOUTEX BUILDERS: Exclusive Plan Filing Deadline Moved to Feb. 4
---------------------------------------------------------------
The Hon. Jeffrey P. Norman of the U.S. Bankruptcy Court for the
Southern District of Texas, at the behest of HOUTEX Builders LLC,
2203 Looscan Lane LLC and 415 Shadywood LLC, has extended the
Debtors' exclusive periods to file and to solicit votes on a
chapter 11 plan by 45 days to Feb. 4, 2019 and April 5, 2019,
respectively.

                       About HouTex Builders

Located at 17 Courtlandt Place, Houston, Texas 77006, HouTex
Builders, LLC, and affiliates 415 Shadywood, LLC and 2203 Looscan
Lane, LLC are privately held companies engaged in activities
related to real estate.  2203 Looscan, LLC and 415 Shadywood, LLC,
are special purpose entities established for the purpose of
constructing new houses.  2203 Looscan, LLC and 415 Shadywood, LLC
are each owned 100% by Charles C. Foster and Lily Foster.

HouTex Builders, LLC, 415 Shadywood, LLC, and 2203 Looscan Lane,
LLC, sought Chapter 11 protection (Bankr. S.D. Tex. Lead Case No.
18-34658) on Aug. 23, 2018.  In the petitions signed by Charles C.
Foster, manager, the Debtors each estimated assets and liabilities
in the range of $1 million to $10 million and in the range of $1
million to $10 million.

Judge Jeffrey P. Norman presides over the cases.

The Debtors tapped Charles M. Rubio, Esq., at Diamond McCarthy,
LLP, as counsel.


INDUSTRIAL FABRICATION: Has Until Dec. 31 to Exclusively File Plan
------------------------------------------------------------------
The Hon. Suzanne H. Bauknight of the U.S. Bankruptcy Court for the
Eastern District of Tennessee, at the behest of Industrial
Fabrication & Repair, Inc., has granted the Debtor additional time
to exclusively file a disclosure statement and plan up to and
including Dec. 31, 2018 and a 45-day extension of the date by which
their plan must be accepted.

The Troubled Company Reporter has previously reported that the
Debtor asked the Court to extend by 45 days (i) the time during
which it may exclusively file its plan of reorganization and
disclosure statement, and (ii) the time by which a plan must be
accepted. The Debtor represented that it is expecting to complete
its draft plan and eventually submit it to the Court for approval
on or before Dec. 31, 2018.

                  Industrial Fabrication & Repair

Established in 1981, Industrial Fabrication & Repair, Inc. --
http://www.ifr-tn.com/-- services numerous industries and is a
source for all design, engineering, machining, fabrication and
repair needs. The Company's service area includes Knoxville and all
of East Tennessee.

Industrial Fabrication & Repair filed a Chapter 11 petition (Bankr.
E.D. Tenn. Case No. 18-30530) on Feb. 27, 2018.  In the petition
signed by Mac Phillips, authorized representative, the Debtor had
$2.17 million in total assets and $4.72 million in total
liabilities.  The case is assigned to Judge Suzanne H. Bauknight.
The Debtor is represented by Ryan E. Jarrard, Esq. at Quist,
Fitzpatrick & Jarrard, PLLC.


JEP REALTY: Plan Filing Exclusivity Period Extended Until March 19
------------------------------------------------------------------
The Hon. Tracey N. Wise of the U.S. Bankruptcy Court for the
Eastern District of Kentucky granted JEP Realty, LLC, an extension
of the exclusivity period within which the Debtor may file its Plan
and Disclosure Statement to and including March 19, 2019, as well
as the Exclusivity Period for solicitation of acceptances of the
Debtor's Plan to and including May 20, 2019.

The Troubled Company Reporter has previously reported that the
Debtor requested for approximately 60 days additional time to
develop a confirmable plan of reorganization, as the Debtor is
currently actively evaluating all options available to the Debtor,
including but not limited to a stand-alone reorganization of its
operations or sale of various assets.

Furthermore, the Debtor's current counsel has filed to withdraw as
counsel from the case and if that relief is granted then Debtor
will need time to give new counsel sufficient time to familiarize
themselves with the case and to assist Debtor in preparation of a
plan. Any new counsel for the Debtor would need additional time to
analyze these issues and assist Debtor in preparing accurate
financial projections in conjunction with its plan and disclosure
statement formulation.

The Debtor believed it has made good faith progress towards
formulating a viable plan as it has sold property and identified
other assets for sale, but needs additional time to explore all
options and get new counsel familiar with the case. Additionally,
time is needed to propose sale procedures for property being sold
in the plan and since exclusivity expires in January, addressing
those issues during the holiday season has not been ideal.

                         About JEP Realty

JEP Realty, LLC, is a privately held real estate agency in
Lexington, Kentucky.

JEP Realty filed a voluntary petition for relief with the Court
under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Ky Case
No. 18-51712) on Sept. 20, 2018.  Judge Tracey N. Wise oversees
case.  In the petition signed by John E. Pappas, member, the Debtor
estimated $1 million to $10 million in assets and liabilities.
Jamie L. Harris, Esq., at DelCotto Law Group PLLC, is the Debtor's
counsel.


JEP REALTY: Seeks March 19 Exclusive Plan Filing Extension
----------------------------------------------------------
JEP Realty, LLC requests the U.S. Bankruptcy Court for the Eastern
District of Kentucky to extend the exclusivity periods within which
the Debtor may (1) file its plan and disclosure statement, up to
and including March 19, 2019, and (2) solicit acceptances of its
plan, up to and including May 20, 2019.

Currently, the Debtor has the exclusive right to file its plan and
disclosure statement on or before Jan. 18, 2019, unless extended.

The Debtor requests for approximately 60 days additional time to
develop a confirmable plan of reorganization, as the Debtor is
currently actively evaluating all options available to the Debtor,
including but not limited to a stand-alone reorganization of its
operations or sale of various assets.

Furthermore, the Debtor's current counsel has filed to withdraw as
counsel from the case and if that relief is granted then Debtor
needs to give new counsel sufficient time to familiarize themselves
with the case and to assist Debtor in preparation of a plan. Any
new counsel for the Debtor would need additional time to analyze
these issues and assist Debtor in preparing accurate financial
projections in conjunction with its plan and disclosure statement
formulation.

The Debtor believes it has made good faith progress towards
formulating a viable plan as it has sold property and identified
other assets for sale, but needs additional time to explore all
options and get new counsel familiar with the case. Additionally,
time is needed to propose sale procedures for property being sold
in the plan and since exclusivity expires in January, addressing
those issues during the holiday season has not been ideal.

Moreover, the Debtor submits that this is the first and only
extension of exclusivity that has been sought. The Debtor has made
progress in negotiations with its creditors and is not asking
extension to pressure creditors to succumb to the Debtor's demands.
In fact, one of the reasons for the requested exclusivity extension
is to allow the Debtor additional time to communicate and negotiate
with creditors regarding options for a possible consensual plan
that involves a partial liquidation and reorganization.

                        About JEP Realty

JEP Realty, LLC, is a privately held real estate agency in
Lexington, Kentucky.  JEP Realty filed a voluntary petition for
relief with the Court under Chapter 11 of the U.S. Bankruptcy Code
(Bankr. E.D. Ky Case No. 18-51712) on Sept. 20, 2018.  In the
petition signed by John E. Pappas, member, the Debtor estimated $1
million to $10 million in assets and liabilities.  Judge Tracey N.
Wise oversees the case.  Jamie L. Harris, Esq., at DelCotto Law
Group PLLC, is the Debtor's counsel.


JME TRUCKING: Court Conditionally Approves Disclosure Statement
---------------------------------------------------------------
The Disclosure Statement explaining JME Trucking, LLC's Chapter 11
small business plan is conditionally approved.

The final hearing on approval of the disclosure statement and
confirmation of the plan will be held on Jan. 9, 2019 at 1:30 PM.
Objections to final approval of the disclosure statement and/or
confirmation of the plan must be filed no later than 1/2/2019, at
4:00 p.m.

The undisputed unsecured creditors, classified in Class 4, in this
case consist of two (2) unsecured claims -- Noble Tire and
Huntington National Bank.  Each creditor will receive five percent
(5%) of an allowed, undisputed claim. Payments should be made in
five (5) equal annual installments with no interest accruing.  The
first payment to commence one (1) year after the date of Plan
confirmation and continue for four (4) additional annual
installments.

Disputed, general unsecured claims, classified in Class 5, will
include any unsecured claims which do not qualify for undisputed
unsecured status. Creditors in this category shall receive no
payment.

The allowed, impaired, secured claims of Huntington National Bank
shall be paid as follows: Huntington National Bank and JME
Trucking, LLC have stipulated that the value of the collateral
securing the claim of Huntington National Bank is $152,986.45.
Payment on this claim shall be amortized over a five (5) year
period at an interest rate of 4.5%. Debtor shall make the first
payment thirty (30) days after date of confirmation of this Plan
(first payment $2,852.00). Payments shall continue monthly in the
amount of $2,852.00 thereafter until the entire secured claim of
Huntington National Bank is paid in full.

The Plan proposed is believed to be feasible by the Debtor and will
allow creditors to receive either full payment or at least more
than they would receive if a forced liquidation were required.

A full-text copy of the Disclosure Statement dated December 4,
2018, is available at:

         http://bankrupt.com/misc/wiwb18-11811512cjf-93.pdf

                   About JME Trucking

JME Trucking, LLC, is a limited liability company owned 100% by
John Evenson.  Mr. Evenson is the sole operating member of JME
Trucking, LLC. It is located and operates the trucking company at
2120 16 1/2 Street, Rice Lake, Wisconsin.  It leases this
commercial property from an unrelated third party.

JME Trucking filed a voluntary petition for relief under Chapter 11
of the Bankruptcy Code (Bankr. W.D. Wis. Case No. 18-11512) on May
3, 2018, estimating under $1 million in assets and liabilities.
The case is assigned to Chief Judge Catherine J. Furay.  Mart W.
Swenson, at The Swenson Law Group, is the Debtor's counsel.


K.E. MARTIN: Seeks Jan. 18 Exclusive Plan Filing Deadline Extension
-------------------------------------------------------------------
K.E. Martin Development of Pasco, Inc., asks the U.S. Bankruptcy
Court for the Middle District of Florida to extend the plan filing
deadline and exclusivity through Jan. 18, 2019.

The Court has established the deadline to file a plan and
disclosure statement as Dec. 13, 2018. Exclusivity runs through
Dec. 18, 2018. However, the Debtor and its counsel need additional
time to prepare and file a plan and disclosure statement. The
Debtor believes that it can file a plan on or before Jan. 18, 2019.


                  About K.E. Martin Development

K.E. Martin Development of Pasco, Inc., is a company providing
construction site clearing services. K.E. Martin Development sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. M.D.
Fla. Case No. 18-06979) on Aug. 20, 2018.  At the time of the
filing, the Debtor estimated assets of less than $50,000 and
liabilities of less than $50,000.  The Debtor hired Johnson Pope
Bokor Ruppel & Burns LLP as legal counsel. Renaissance Consulting &
Development, LLC, as financial adviser and consultant.


KADMON HOLDINGS: Chairman Bart Schwartz Will Step Down from Board
-----------------------------------------------------------------
Bart M. Schwartz, Esq., is stepping down as director and Chairman
of the Board of Directors of Kadmon Holdings, Inc., due to
increasing responsibilities at his charitable commitments,
including at the All Stars Project, a national youth non-profit
organization where he serves as director and was recently elected
chairman of its New York board, and the Police Athletic League, New
York City's largest independent youth non-profit organization,
where he serves as director.

Kadmon's Board will identify a new chairman as part of its ongoing
process to refresh the composition of the Board.  A nationally
recognized executive search firm is assisting in this search
process.

"Leaving the Kadmon Board will free up the additional time I need
for my increased charitable commitments," said Mr. Schwartz.  "With
the implementation of our process to identify new directors to join
Kadmon's Board well underway, year-end 2018 is an appropriate time
for me to resign.  Kadmon is a vibrant company with much potential
and I wish the team continued success."

"On behalf of the Board, I want to thank Bart for his service to
Kadmon and wish him well in his charitable work," said Harlan W.
Waksal, M.D., president and chief executive officer at Kadmon.  "At
this juncture, Kadmon is in a strong position, with our
registration trial in chronic graft-versus-host disease well
underway," continued Dr. Waksal.  "The Board and I remain committed
to executing our mission to develop new treatments for patients
with unmet medical needs."

                      About Kadmon Holdings

Based in New York, Kadmon Holdings, Inc. -- http://www.kadmon.com/
-- is a fully integrated biopharmaceutical company developing
innovative product candidates for significant unmet medical needs.
The Company's product pipeline is focused on inflammatory and
fibrotic diseases.

Kadmon Holdings reported a net loss attributable to common
stockholders of $81.69 million in 2017, a net loss attributable to
common stockholders of $230.5 million in 2016, and a net loss
attributable to common stockholders of $147.1 million in 2015.  As
of Sept. 30, 2018, the Company had $177.7 million in total assets,
$49.83 million in total liabilities and $127.88 million in total
stockholders' equity.

BDO USA, LLP, in New York, issued a "going concern" qualification
in its report on the consolidated financial statements for the year
ended Dec. 31, 2017, noting that the Company has suffered recurring
losses from operations and expects losses to continue in the future
that raise substantial doubt about its ability to continue as a
going concern.


KANSAS CITY PEDIATRICS: Case Summary & 20 Top Unsecured Creditors
-----------------------------------------------------------------
Debtor: Kansas City Pediatrics, LLC
        1004 Carondelet Drive, Suite 330
        Kansas City, MO 64114
        Tel: 816-941-6400

Business Description: Kansas City Pediatrics, LLC has provided
                      pediatric and adolescent healthcare to the
                      Kansas City area since 1998.

                      On the web: https://kcpeds.com/

Chapter 11 Petition Date: December 22, 2018

Court: United States Bankruptcy Court
       Western District of Missouri (Kansas City)

Case No.: 18-43271

Judge: Hon. Brian T. Fenimore

Debtor's Counsel: John L. Lentell, Esq.   
                  4630 W. 137th Street, Suite 107
                  Leawood, KS 66224
                  Tel: 913-400-2032
                  Fax: 913-400-2082
                  Email: lentell.law@gmail.com

Estimated Assets: $100,000 to $500,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Frederick Scott Dattel, M.D., managing
member/president.

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

             http://bankrupt.com/misc/mowb18-43271.pdf


LNB-002-2013: Exclusive Plan Filing Period Extended Until March 27
------------------------------------------------------------------
The Hon. Robert A. Mark of the U.S. Bankruptcy Court for the
Southern District of Florida granted LNB-002-2013, LLC, an
extension of the exclusive period for Debtor to file a plan to
March 27, 2019, and to solicit acceptances 60 days thereafter or to
May 27, 2019.  The Debtor is also ordered to bring all monthly
operating reports up to date and pay all U.S. Trustee fees by Dec.
31, 2018.

The Troubled Company Reporter has sought for a 90-day extension of
the exclusivity periods, telling the Court that it needed more time
to negotiate with creditors and amend the plan and disclosure
statement.  The Debtor said it has been negotiating with its lender
on a consensual plan, but additional time, and perhaps mediation,
is needed.

                      About LNB-002-2013 LLC

LNB-002-2013, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Fla. Case No. 18-20502) on Aug. 28,
2018.  In the petition signed by Laurent Benzaquen, manager LNB
Capital LLC, the Debtor estimated assets of less than $50,000 and
liabilities of less than $500,000.  The Debtor tapped Joel M.
Aresty P.A. as its legal counsel.  No official committee of
unsecured creditors has been appointed in the case.


LUMILEDS HOLDINGS: Bank Debt Trades at 16% Off
----------------------------------------------
Participations in a syndicated loan under which Lumileds Holdings
Ltd. is a borrower traded in the secondary market at 84.42
cents-on-the-dollar during the week ended Friday, December 21,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 5.15 percentage points from
the previous week. Lumileds Holdings pays 350 basis points above
LIBOR to borrow under the $1.383 billion facility. The bank loan
matures on June 30, 2024. Moody's rates the loan 'B1' and Standard
& Poor's gave a 'B' rating to the loan. The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
Friday, December 21.


MACDONALD DETTWILER: Bank Debt Trades at 8% Off
-----------------------------------------------
Participations in a syndicated loan under which Macdonald Dettwiler
& Associates is a borrower traded in the secondary market at 92.41
cents-on-the-dollar during the week ended Friday, December 21,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 2.05 percentage points from
the previous week. Macdonald Dettwiler pays 275 basis points above
LIBOR to borrow under the $2 billion facility. The bank loan
matures on October 5, 2024. Moody's rates the loan 'B1' and
Standard & Poor's gave a 'BB-' rating to the loan. The loan is one
of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, December 21.


MAMMOET-STARNETH: Exclusive Periods Extended Through April 3
------------------------------------------------------------
The Hon. Laurie Selber Silverstein of the U.S. Bankruptcy Court for
the District of Delaware, at the behest of Mammoet-Starneth LLC,
has extended the Exclusive Periods for the Debtor to file and to
solicit acceptances of a chapter 11 plan by 127 days from Nov. 27,
2018 through and including April 3, 2019.

                    About Mammoet-Starneth

Mammoet-Starneth, LLC, a company based in Wilmington, Delaware,
designs and constructs giant observation wheels and structures.
Mammoet-Starneth sought Chapter 11 protection (Bankr. D. Del. Case
No. 17-12925) on Dec. 13, 2017.  In the petition signed by manager
Christiaan Lavooij, the Debtor estimated assets and liabilities of
$100 million to $500 million.  

Laurie Selber Silverstein is the case judge.

The Debtor tapped Sills Cummins & Gross P.C. as its lead counsel,
and Jason M. Madron, Esq., at Richards, Layton & Finger, P.A., as
its co-counsel.  William Henrich, CRO, at Getzler Henrich &
Associates, LLC, serves as the Debtor's restructuring advisor.
Rust Consulting/Omni Bankruptcy as its balloting agent.

No official committee of unsecured creditors has been appointed in
the Chapter 11 case.

On Dec. 15, 2017, the Debtor filed its proposed Chapter 11 plan of
liquidation.


MAURICE SPORTING: Seeks March 18 Exclusive Filing Period Extension
------------------------------------------------------------------
Maurice Sporting Goods of Delaware, Inc., formerly known as Maurice
Sporting Goods, Inc., and its debtor-affiliates request the U.S.
Bankruptcy Court for the District of Delaware to further extend the
exclusive periods for the filing of a chapter 11 plan and
solicitation of acceptances thereof in these chapter 11 cases, by
approximately 90 days each through and including March 18, 2019 and
May 13, 2019, respectively.

A hearing to consider further extending the Exclusive Periods will
be held on Jan. 31, 2019 at 1:00 p.m.  The objection deadline is on
Jan. 2.

The Debtors contend that these Chapter 11 Cases are sufficiently
large and complex to warrant the requested extension of the
Exclusive Periods.  The Chapter 11 Cases involve five Debtors with
business operations that were located in the United States, Canada,
and Asia, and creditors located throughout the globe. In the
initial months of these Chapter 11 Cases, the Debtors and their
professionals focused much of their time, energy, and resources on
smoothly transitioning into chapter 11 and conducting a robust Sale
process and, ultimately, closing the Court-approved Sale to the
Purchaser for up to $39 million.

More recently, the Debtors have been focused on an analysis of the
claims filed against them in these Chapter 11 Cases, some of which
presented complex issues of international law. The Debtors have
been engaged in an analysis of claims and numerous discussions with
the Committee and the U.S. Trustee to set the stage for a
successful chapter 11 plan of liquidation. They have also
successfully prosecuted certain claims objections that are
necessary to propose a viable plan, and are preparing objections
with respect to other objectionable administrative, priority and
secured claims of equal import.

The aforementioned tasks further the Debtors' goals in these
Chapter 11 Cases by, among other things, determining the
appropriate universe of potential claims against their estates and
setting the stage for a potential viable plan process. In light of
the Debtors' accomplishments thus far, the Debtors believe that
each of the factors relevant to these Chapter 11 Cases weighs
heavily in favor of the requested extension.

                   About Maurice Sporting Goods

Maurice Sporting Goods, Inc., established in 1923, is a
family-owned distributor of outdoor sporting goods specializing in
fishing; marine; sports licensed products and souvenirs; outdoor
gifts and decor; hunting; and camping and outdoor recreation.
Collectively, Maurice Sporting Goods services more than 15,000
store fronts across the United States, Canada, South America, and
Europe.

Maurice Sporting Goods, Inc., and 4 affiliated companies sought
Chapter 11 protection (Bankr. D. Del. Lead Case No. 17-12481) on
Nov. 20, 2017.  Maurice Sporting Goods estimated $10 million to $50
million in total assets and $100 million to $500 million in total
liabilities.

The Debtors' cases have been assigned to Judge Christopher S.
Sontchi.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, as
counsel; Patrick J. O'Malley of Development Specialists, Inc., as
restructuring advisor; Silverman Consulting as financial advisor;
Livingstone Partners LLC as investment banker; and Epiq Bankruptcy
Solutions, LLC, as claims, solicitation and balloting agent.


MED CARE EMERGENCY: Hires Rolando M. Flores as Accountant
---------------------------------------------------------
Med Care Emergency Medical Services, Inc., seeks authority from the
U.S. Bankruptcy Court for the Southern District of Texas to employ
Rolando M. Flores, CPA, as accountant to the Debtor.

Med Care Emergency requires Rolando M. Flores to:

   (a) prepare the Debtor's monthly operating reports;

   (b) prepare the Debtor's monthly financial reports;

   (c) prepare the Debtor's tax returns;

   (d) provide analysis of cash flow to prepare a feasible Plan
       of Reorganization; and

   (e) provide the Debtor advice on its operations and other
       financial information.

Rolando M. Flores will be paid at these hourly rates:

     Accountants                   $225
     Staffs                        $125
     Bookkeepers                    $60

Rolando M. Flores will also be reimbursed for reasonable
out-of-pocket expenses incurred.

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

Rolando M. Flores can be reached at:

     Rolando M. Flores
     729 N. Ware Road
     McAllen, TX 78504
     Tel: (956) 682-9553

              About Med Care Emergency Medical Services

Med Care Emergency Medical Services, Inc., is a privately-held
company that provides emergency ambulance services.  Med Care
Emergency Medical Services sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. S.D. Tex. Case No. 18-70408) on Nov.
19, 2018.  In the petition signed by Candelario Ontiveros,
president, the Debtor estimated assets of less than $1 million and
liabilities of less than $10 million.  Judge Eduardo V. Rodriguez
oversees the case. The Debtor tapped Villeda Law Group as its legal
counsel. The Law Office of Reynaldo Ortiz, as special counsel.



MIAH INVESTMENTS: Seeks to Hire Hoff Law Offices as Counsel
-----------------------------------------------------------
Miah Investment LLC seeks approval from the U.S. Bankruptcy Court
for the Southern District of Texas to hire Hoff Law Offices, 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.

Jessica Hoff, Esq., the attorney who will be handling the case,
charges an hourly fee of $300.  Her firm will charge $75 per hour
for secretarial work.

Ms. Hoff disclosed in a court filing that she neither represents
nor holds any interest adverse to the Debtor and its bankruptcy
estate.

The firm can be reached through:

     Jessica L. Hoff, Esq.
     Hoff Law Offices, P.C.
     1322 Space Park Drive, Suite B-128
     Houston, TX 77058
     Phone: (303) 803-4438
     Fax: (303) 648-4478
     Email: jhoff@hofflawoffices.com

                     About Miah Investment LLC

Miah Investments is a privately-held company in Houston, Texas,
engaged in activities related to real estate.  

Miah Investment sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Texas Case No. 18-36255) on Nov. 5,
2018.  It previously filed for Chapter 11 protection (Bankr. S.D.
Tex. Case No. 13-34109) on July 9, 2013.

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

The case has been assigned to Judge Eduardo V. Rodriguez.


MICROCHIP TECHNOLOGY: Bank Debt Trades at 5% Off
------------------------------------------------
Participations in a syndicated loan under which Microchip
Technology Inc. is a borrower traded in the secondary market at
95.00 cents-on-the-dollar during the week ended Friday, December
21, 2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 2.19 percentage points from
the previous week. Microchip Technology pays 200 basis points above
LIBOR to borrow under the $3 billion facility. The bank loan
matures on May 18, 2025. Moody's rates the loan 'Baa3' and Standard
& Poor's gave a 'BB+' rating to the loan. The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
Friday, December 21.


MLW LLC: Exclusive Plan Filing Period Extended Until Feb. 12
------------------------------------------------------------
The Hon. Erik P. Kimball of the U.S. Bankruptcy Court for the
Southern District of Florida, at the behest of debtor MLW, LLC, has
extended the Debtor's exclusive period within which (a) to file a
plan and disclosure statement through and including Feb. 12, 2019,
and (b) to solicit acceptances to its plan through and including
April 15, 2019.

The Troubled Company Reporter has previously reported that the
Debtor has sought exclusive period extension in order to provide
the opportunity for the judicial settlement conference to occur.
After extensive settlement negotiations between the Debtor and
Branch Banking and Trust Company seemingly reached an impasse, the
Debtor filed with the Court a Motion for Judicial Settlement
Conference between the Debtor and BB&T. The Debtor claimed that the
pending issues with BB&T need to be resolved as they will
significantly impact the formulation of any plan it will propose.


                         About MLW LLC

MLW, LLC, is a lessor of real estate in Boynton Beach, Florida.  It
is the fee simple owner of a real property located at 10207 100th
Street, South Boynton Beach, Florida, valued by the company at $1
million.

MLW, LLC, sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. S.D. Fla. Case No. 18-14567) on April 18, 2018. In the
petition signed by Mark L. Woolfson, managing member, the Debtor
disclosed $1.06 million in assets and $1.22 million in liabilities.


Judge Erik P. Kimball presides over the case.

Alan R. Crane, Esq., at Furr & Cohen, P.A., serves as the Debtor's
bankruptcy counsel.


NANDINI INC: Case Summary & Unsecured Creditor
----------------------------------------------
Debtor: Nandini, Inc.
        824 S Los Angeles, #504 Nandini, Inc.
        824 S Los Angeles, #504
        Los Angeles, CA 90014

Business Description: Nandini, Inc. is a privately held company
                      that manufactures women's apparel.

Chapter 11 Petition Date: December 24, 2018

Court: United States Bankruptcy Court
       Central District of California (Los Angeles)

Case No.: 18-24837

Judge: Hon. Ernest M. Robles

Debtor's Counsel: Thomas B. Ure, Esq.  
                  URE LAW FIRM  
                  800 West 6th Street, Ste. 940
                  Los Angeles, CA 90017
                  Tel: 213-202-6070
                  Fax: 213-202-6075
                  E-mail: tbuesq@aol.com
                          tom@urelawfirm.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Nandini M. Savin, president.

The Debtor lists Jain 2012 Gift Trust DBA Mirada Group as its sole
unsecured creditor holding a claim of $8,500,000.

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

           http://bankrupt.com/misc/cacb18-24837.pdf


NATIONAL MANAGEMENT: Seeks Feb. 19 Exclusivity Period Extension
---------------------------------------------------------------
National Management and Preservation Services LLC asks the U.S.
Bankruptcy Court for the District of New Jersey to further extend
the exclusive period within which it may file a plan of
reorganization for a period of 60 days to and including Feb. 19,
2019, and the period within which it may obtain acceptances of plan
for 60 days thereafter to and including April 20, 2019.

The Court has previously entered an Order extending the Debtor's
Exclusive Period up to and including Dec. 21, 2018, as well as the
Solicitation Period for an additional 60 days.

The Debtor believes that there are several facts that support
further extension of the Exclusive Period and Solicitation Period.
While the Debtor has drafted a Plan of Order Liquidation and
supporting disclosure statement, the Debtor and the Committee have
not yet agreed on the identity of a Plan Administrator.

Additionally, the Committee and the Debtor have been discussing
potentially including definite treatment of claims against
Insiders, and the Debtor is waiting for certain information from
the Committee to be included in the Disclosure Statement, such as
the Committee's counsels fee and expense obligations.

The Debtor believes the Committee's support will be critical in
confirming any Plan.  The Debtor represents that it has been
cooperating and providing the Committee's counsel with information,
has responded to his inquiries.

The Debtor assures the Court that it is not seeking this extension
to delay the chapter 11 proceeding or to otherwise impair the
rights of its creditors, but to foster a favorable reorganization
as Debtor continues to cooperate with its creditors.

                 About National Management and
                      Preservation Services

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

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

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

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


NEIMAN MARCUS: Bank Debt Trades at 16% Off
------------------------------------------
Participations in a syndicated loan under which Neiman Marcus Group
Inc. is a borrower traded in the secondary market at 83.94
cents-on-the-dollar during the week ended Friday, December 21,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 3.24 percentage points from
the previous week. Neiman Marcus pays 325 basis points above LIBOR
to borrow under the $2.942 billion facility. The bank loan matures
on October 25, 2020. Moody's rates the loan 'Caa2' and Standard &
Poor's gave a 'CCC-' rating to the loan. The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
Friday, December 21.


NEONODE INC: Will Raise $4.7 Million in Private Placement
---------------------------------------------------------
Neonode Inc. has entered into definitive agreements for the private
placement of $4.7 million of Neonode common stock.

Pursuant to the terms of the non-brokered private placement,
Neonode has agreed to sell 2.9 million shares of newly issued
common stock at a price of $1.60 per share.  The sale price per
share represents a 4% premium to the most recent closing price of
NEON.

The purchasers in the private placement include Neonode directors,
Ulf Rosberg and Andreas Bunge, and members of management, including
Chief Executive Officer Hakan Persson and Chief Financial Officer
Lars Lindqvist.  These Neonode directors and members of management
individually have agreed to purchase an aggregate of approximately
$2 million of common stock as part of the private placement.  In
addition, existing major shareholder Peter Lindell also has agreed
to purchase shares.  Mr. Lindell and Mr. Rosberg each are
anticipated to be a beneficial owner of approximately 19% of
Neonode common stock as a result of the private placement.

The proceeds from the private placement are anticipated to be used
for general corporate purposes including business development.

The closing of the private placement is subject to the satisfaction
of customary closing conditions.

                         About Neonode

Neonode Inc. (NASDAQ:NEON) -- http://www.neonode.com/-- develops,
manufactures and sells advanced sensor modules based on the
company's proprietary zForce AIR technology.  Neonode zForce AIR
Sensor Modules enable touch interaction, mid-air interaction and
object sensing and are ideal for integration in a wide range of
applications within the automotive, consumer electronics, medical,
robotics and other markets.  The company also develops and licenses
user interfaces and optical interactive touch solutions based on
its patented zForce CORE technology.  To date, Neonode's technology
has been deployed in approximately 62 million products, including 3
million cars and 59 million consumer devices.  The company is
headquartered in Stockholm, Sweden and was established in 2001.

Neonode Inc. reported a net loss attributable to the Company of
$4.70 million in 2017, a net loss attributable to the Company of
$5.29 million in 2016 and a net loss attributable to the Company of
$7.82 million in 2015.  As of Sept. 30, 2018, Neonode had $9.66
million in total assets, $3.63 million in total liabilities and
$6.03 million in total stockholders' equity.

The Company has incurred significant operating losses and negative
cash flows from operations since its inception.  The Company
incurred net losses of approximately $0.8 million and $2.5 million
and $1.1 million and $3.0 million for the three and nine months
ended Sept. 30, 2018 and 2017, respectively, and had an accumulated
deficit of approximately $184.6 million and $183.7 million as of
Sept. 30, 2018 and Dec. 31, 2017, respectively.  In addition,
operating activities used cash of approximately $2.3 million and
$4.7 million for the nine months ended Sept. 30, 2018 and 2017,
respectively.

"We expect our revenues from license fees, non-recurring
engineering fees and embedded sensor module sales will enable us to
reduce our operating losses going forward.  In addition, we have
improved the overall cost efficiency of our operations, as a result
of the transition from providing our customers a full custom design
solution to providing standardized sensor modules which require
limited custom design work.  We intend to continue to implement
various measures to improve our operational efficiencies.  No
assurances can be given that management will be successful in
meeting its revenue targets and reducing its operating loss," the
Company stated in its Quarterly Report for the period ended Sept.
30, 2018.


NINE WEST: Plan Filing Exclusivity Period Extended Through Jan. 15
------------------------------------------------------------------
The Hon. Shelley C. Chapman the U.S. Bankruptcy Court for the
Southern District of New York granted Nine West Holdings, Inc., and
its debtor-affiliates an extension of the filing exclusivity period
through and including Jan. 15, 2019, and the Soliciting Exclusivity
Period through and including March 15, 2019.

The Troubled Company Reporter has previously reported that the
Debtors asked the Court to extend by additional 78 days their
exclusive periods to file and to solicit votes on a chapter 11
plan.  The Debtors believed that the continued exclusivity will
foster their ability to engage with their stakeholders to further
develop consensus around the Plan if at all reasonably possible
and, if full consensus is not possible, permit the Debtors and
their stakeholders to focus on the hearing on the approval of the
Disclosure Statement and, ultimately, confirmation.

On Oct. 17, 2018, the Debtors filed an amended plan of
reorganization and the related disclosure statement.  The proposed
Plan achieves a balance sheet restructuring that maximizes the
value of the Debtors' businesses and potential litigation assets
stemming from their 2014 buyout and related carve-out transactions
("2014 Transactions") as well as events thereafter.   

The Debtors related that following a targeted marketing process
that the Debtors conducted in consultation with their creditor
groups, the Debtors have been engaged in substantive, arm's-length
negotiations with their stakeholders regarding the terms of their
ultimate reorganization. Throughout this process, the Debtors kept
all stakeholders, including the advisors to their
debtor-in-possession financing lenders and the Committee, apprised
of the status and the substance of the ongoing discussions.

After extensive, good-faith negotiations, the Debtors have achieved
consensus among their debtor-in-possession ABL/FILO Lenders, an Ad
Hoc Group of Secured Term Loan Holders, an Ad Hoc Group of Secured
and Unsecured Term Loan Holders, Brigade Capital Management, L.P.,
and their equity sponsors with respect to the Plan.  The Plan
constitutes a material step forward in these chapter 11 cases: it
substantially reduces the Debtors' aggregate funded debt, obtains
material concessions and contributions from their consenting
creditors and equity sponsors, and, most importantly, provides the
Debtors with a viable path to emergence from chapter 11.

The Debtors represented that the Plan currently has the support of
more than 85% of the Secured Term Loan Lenders and more than 80% of
the Unsecured Term Loan Lenders -- funded debt holders with claims
against all Debtor entities.  At the same time, the proposed Plan
does not represent a conclusion to discussions with the Debtors'
other stakeholders, including the Committee and the Debtors'
Noteholders.  Accordingly, the Debtors will continue to negotiate
with those stakeholders regarding the terms of the Plan and the
path forward for the Debtors' emergence from chapter 11.

                         About Nine West

Nine West Holdings Inc. is a footwear, accessories, women's
apparel, and jeanswear company with a portfolio of brands that
includes Nine West, Anne Klein, and Gloria Vanderbilt.  The company
is a wholesale partner to major U.S. retailers and has
international licensing arrangements covering more than 1,200
points of sale around the world.

In April 2014, Sycamore Partners Management, L.P., acquired The
Jones Group Inc. for $2.2 billion via leveraged buyout.  As part of
the transaction, The Jones Group merged with several affiliates,
and the newly merged company was renamed as Nine West Holdings.

On April 6, 2018, Nine West Holdings, Inc., and 10 affiliates
sought Chapter 11 protection (Bankr. S.D.N.Y. Lead Case No.
18-10947) to right size their balance sheet, sell the Nine West
Group's assets, and execute on their turnaround strategy to
concentrate exclusively on their One Jeanswear Group, Kasper Group,
The Jewelry Group, and Anne Klein businesses.

In addition to the chapter 11 cases, Jones Canada, Inc., and Nine
West Canada LP commenced foreign insolvency proceeding under the
Bankruptcy and Insolvency Act in Canada.

The Hon. Shelley C. Chapman is the U.S. case judge.

The Debtors tapped Kirkland & Ellis LLP as counsel; Lazard Freres &
Co. as investment banker; Alvarez & Marsal North America LLC as
interim management and financial advisory services provider;
Consensus Advisory Services LLC and Consensus Securities LLC as
investment banker in connection with the sale of intellectual
property associated with the Nine West and Bandolino brands;
Deloitte Tax LLP as tax services provider; and BDO USA, LLP, as
auditor and accountant.

Munger, Tolles & Olson LLP is serving as the company's independent
counsel, rendering services at the direction of independent
directors Alan Miller and Harvey Tepner.  Berkeley Research Group
is serving as independent financial advisor, rendering professional
services at the direction of the Independent Directors.

Prime Clerk LLC is the claims and noticing agent.

The Ad Hoc Group of Secured Term Loan Lenders tapped Davis Polk &
Wardwell LLP as counsel; and Ducera Partners LLC as financial
advisor.

The Ad Hoc Crossover Group of Secured and Unsecured Term Loan
Lenders tapped King & Spalding LLP as counsel and Guggenheim
Securities, LLC, as financial advisor.

Brigade Capital Management, LP, a party to the RSA tapped Kramer
Levin Naftalis & Frankel LLP as counsel.

The Official Committee of Unsecured Creditors tapped Akin Gump
Strauss Hauer & Feld LLP as counsel; Houlihan Lokey Capital, Inc.,
as investment banker; and Protiviti Inc. as financial advisor and
forensic accountant.

Sycamore Partners Management, L.P., owner of 90.2% of the equity
interests in the debtors, tapped Proskauer Rose LLP as counsel.
Authentic Brands, which bought Nine West's IP assets, tapped DLA
Piper Global Law Firm as counsel.

                          *     *     *

The Debtors filed a Chapter 11 plan that's based on a restructuring
support agreement signed with certain members of the Secured Lender
Group, certain members of the Crossover Group, and Brigade, who
collectively hold over 78 percent of the company's secured term
loan and over 89 percent of the unsecured term loan.

In an auction on June 8, 2018 for the company's Nine West,
Bandolino and associated brands, brand developer and marketing
company Authentic Brands Group outbid shoe retailer DSW Inc.  The
winning bid of Authentic Brands' ABG-Nine West LLC was $340 million
in cash and other consideration, which is $140 million more than
ABG's stalking horse bid.

The official committee of unsecured creditors has filed a motion
seeking to conduct an examination of and seek discovery from the
Debtors and third parties pursuant to Rule 2004 of the Federal
Rules of Bankruptcy Procedure.  The Committee says its initial
investigation indicates there are a number of potential estate
claims arising from the 2014 LBO.


NMS FABRICATIONS: Has Until Dec. 31 to Exclusively File a Plan
--------------------------------------------------------------
The Hon. Louis A. Scarcella of the U.S. Bankruptcy Court for the
Eastern District of New York, at the behest of NMS Fabrications,
Inc., has extended the Debtor's exclusive period of time within
which to file a chapter 11 plan and to solicit acceptances of such
plan through and including Dec. 31, 2018 and March 1, 2019,
respectively.

The Troubled Company Reporter has previously reported that the
Debtor sought further extension of its Exclusivity Periods to give
it additional time to continue to negotiate with its creditors,
prepare any necessary financial projections, and assist those
parties in understanding the Debtor's business operations as they
relate to any proposed plan.

The Debtor has been focused on bringing in and completing jobs. As
of several days ago, it had outstanding receivables of $56,000 with
two large jobs in process. The Debtor believed that collection of
those receivables and completion of its current jobs, and
continuing to book new jobs will provide a framework for proposing
and confirming a viable plan of reorganization.

Moreover, in reviewing the claims against it, the Debtor determined
that its non-tax and non-executory equipment lease claims total
less than $50,000. The Debtor believed that the large tax claim
filed by the Internal Revenue Service is based on estimates that
should be reduced substantially upon the filing of 940 and 941
payroll tax returns for 2017.

The Debtor also mentioned that it has been granted rolling
extensions of those periods to date as a result of their ongoing
discussions with counsel to the Lepestats while attempting to
resolve a Motion to Dismiss the bankruptcy case of NMSOOH, Inc. --
which was eventually dismissed effective Dec. 3, 2018. The Debtor
asserted that those extensions were necessary to preserve the
status quo during the process of negotiations.

                     About NMSOOH, Inc., d/b/a
                      National Media Services

NMSOOH, Inc., based in Copiague, NY, and its affiliates sought
Chapter 11 protection (Bankr. E.D.N.Y. Lead Case No. 18-72671) on
April 20, 2018.  The Hon. Louis A. Scarcella (18-72671) and Robert
E. Grossman (18-72675), preside over the cases.  In the petition
signed by Eric S. Drucker, president and CEO, the Debtors estimated
up to $50,000 in assets and $1 million to $10 million in
liabilities.  Richard J. McCord, a partner of Certilman Balin Adler
& Hyman, LLP, serves as bankruptcy counsel.


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

    Debtor                                       Case No.
    ------                                       --------
    Oakshire Mushroom Farm, Inc.                 18-18446
    295 Thompson Road
    P.O. Box 388
    Kennett Square, PA 19348

    Oakshire Mushroom Sales, LLC                 18-18447
    295 Thompson Road
    P.O. Box 388
    Kennett Square, PA 19348

Business Description: Oakshire -- http://www.oakshire.com--
                      has been a premium grower of specialty
                      mushrooms since 1985.  Its products
                      include Portobello/Crimini Brown,
                      Button/White, Shiitake, Specialty/Exotic
                      - Oyster, Specialty/Exotic - Beech,
                      Specialty/Exotic - Maitake and more
                      Oakshire's offices are located in Kennett
                      Square, Pennsylvania.

Chapter 11 Petition Date: December 28, 2018

Court: United States Bankruptcy Court
       Eastern District of Pennsylvania (Philadelphia)

Judge: Hon. Jean K. FitzSimon

Debtors' Counsel: David B. Smith, Esq.  
                  SMITH KANE HOLMAN, LLC
                  112 Moores Road, Suite 300
                  Malvern, PA 19355
                  Tel: (610) 407-7217
                  Fax: (610) 407-7218
                  E-mail: dsmith@skhlaw.com

Oakshire Mushroom Farm's
Estimated Assets: $500,000 to $1 million

Oakshire Mushroom Farm's
Estimated Liabilities: $1 million to $10 million

Oakshire Mushroom Sales'
Estimated Assets: $500,000 to $1 million

Oakshire Mushroom Sales'
Estimated Liabilities: $1 million to $10 million

The petitions were signed by Gary Schroeder, president.

Oakshire Mushroom Farm stated that its list of 20 largest unsecured
creditors will be filed supplementally.  A full-text copy of
Oakshire Mushroom Farm's petition is available for free at:

       http://bankrupt.com/misc/paeb18-18446.pdf

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

        http://bankrupt.com/misc/paeb18-18447.pdf


OCEANAIR LINHAS: Chapter 15 Case Summary
----------------------------------------
Chapter 15 Debtor:    Oceanair Linhas Aereas S/A
                      Av. Washington Luis, 7.059 Campo Bello
                      Sao Paulo, SP 04627-006
                      Brazil

Chapter 15 Case No.:  18-14182

Type of Business:     Oceanair Linhas Aereas S/A provides
                      air transportation services and
                      operates airports.

Chapter 15
Petition Date:        December 27, 2018

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

Judge:                Hon. Sean H. Lane

Foreign
Representative:       Frederico Miguel Preza Pedreira Elias Da
Costa
                      Av. Washington Luis. 7.059 Campo Bel
                      Sao Paulo, SP 04627-006
                      Brazil

Foreign
Proceeding
in Which
Appointment
of the Foreign
Representative
Occurred:             Brazilian Recuperagao Judicial
                      proceeding pending before the First
                      Bankruptcy Court of the Central
                      Courthouse of the Judicial District
                      of Sao Paulo State Capital [Direito Da
                      1" Vara De Falencias e Recuperacoes
                      Judiciais do Foro Central da Comarca
                      da Capital- Sao Paolo] under matter
                      number 1125658-81.2018.8.26.0110

Foreign
Representative's
Counsel:              Scott C. Shelley, Esq.
                      QUINN EMANUEL URQUHART & SULLIVAN, LLP  
                      51 Madison Avenue
                      New York, NY 10010
                      Tel: (212) 849-7358
                      Fax: (212) 849-7100
                      E-mail: scottshelley@quinnemanuel.com

Estimated Assets:     Unknown

Estimated Debts:      Unknown

A full-text copy of the petition is available at no charge at:

               http://bankrupt.com/misc/nysb18-14182.pdf


ON ASSIGNMENT: Bank Debt Trades at 3% Off
-----------------------------------------
Participations in a syndicated loan under which On Assignment
Incorporated is a borrower traded in the secondary market at 96.83
cents-on-the-dollar during the week ended Friday, December 21,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 2.15 percentage points from
the previous week. On Assignment pays 200 basis points above LIBOR
to borrow under the $822 million facility. The bank loan matures on
April 2, 2025. Moody's rates the loan 'Ba2' and Standard & Poor's
gave a 'BB' rating to the loan. The loan is one of the biggest
gainers and losers among 247 widely quoted syndicated loans with
five or more bids in secondary trading for the week ended Friday,
December 21.


ORTEGA'S MEXICAN: Wants to Maintain Plan Exclusivity Through Feb. 1
-------------------------------------------------------------------
Ortega's Mexican Restaurant, LLC and Pablo Ortega request the U.S.
Bankruptcy Court for the District of Connecticut to extend the time
for the filing of the Amended Joint Disclosure Statement and
Amended Joint Plan by and through and including Feb. 1, 2019

The Debtor filed a Disclosure Statement and proposed Chapter 11
Plan of Reorganization on Sept. 30, 2018.  Subsequently, a status
hearing on the Debtor's Disclosure Statement and Plan was held on
Oct. 15, 2018 and was continued to Dec. 19, 2018.  At these
hearings, the Debtors agreed to further amend the Disclosure
Statement and Plan in an attempt to address additional concerns
raised by the Court and the Office of the U.S. Trustee.

Because of the need to further amend its Disclosure Statement and
Plan, the Debtor is unable to comply with the existing statutory
requirements of 1129(e) and therefore requests that the Court
extend the time of the filing of the Plan and Disclosure Statement
through and including Feb. 1, 2019.

Moreover, the Debtors claim that they are currently in negotiations
with certain creditors which they expect to result in extended
and/or otherwise favorable repayment terms, including the
Connecticut Department of Revenue. The Debtors also expect Proofs
of Claim to be amended by creditors to reflect lower amounts,
including the Internal Revenue Service.

                About Ortega's Mexican Restaurant

Ortega's Mexican Restaurant, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. D. Conn. Case No. 18-20306) on March 5, 2018.  The
Debtor hired David F. Falvey, Esq., at Action Advocacy Law Office,
P.C., as counsel.


PAREXEL INTERNATIONAL: Bank Debt Trades at 9% Off
-------------------------------------------------
Participations in a syndicated loan under which PAREXEL
International Corporation is a borrower traded in the secondary
market at 91.50 cents-on-the-dollar during the week ended Friday,
December 21, 2018, according to data compiled by LSTA/Thomson
Reuters MTM Pricing. This represents a decrease of 3.17 percentage
points from the previous week. PAREXEL International pays 300 basis
points above LIBOR to borrow under the $2.065 billion facility. The
bank loan matures on September 25, 2024. Moody's rates the loan
'B1' and Standard & Poor's gave a 'B' rating to the loan. The loan
is one of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, December 21.


PARKER DRILLING: Stock Transfer Final Hearing Set for January 3
---------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Texas
entered an interim order approving notification and hearing
procedures for certain transfers of and declarations of
worthlessness with respect to common stock and preferred stock of
Parker Drilling Company and its debtor-affiliates.

Under the interim order, a 50% shareholder may not claim a
worthless stock deduction with respect to common stock or preferred
stock, or beneficial ownership of common stock or preferred stock,
in violation of the procedures, and any such deduction in violation
of the procedures will be null and void ab initio, and 50%
shareholder will be required to file an amended tax return revoking
such proposed deduction.

A final hearing on the Debtors' motion will be held on Jan. 3,
2019, at 10:00 a.m. (prevailing Central Time).  Objections, if any,
must be filed on or before 4:00 p.m. (prevailing Central Time) on
Jan. 2, 2019.

                       About Parker Drilling

Houston-based Parker Drilling (OTC:PKDSQ) --
http://www.parkerdrilling.com/-- provides drilling services and  
rental tools to the energy industry.  The Company's Drilling
Services business serves operators in the inland waters of the U.S.
Gulf of Mexico utilizing Parker Drilling's barge rig fleet and in
select U.S. and international markets and harsh environment regions
utilizing Parker-owned and customer-owned equipment.  The Company's
Rental Tools Services business supplies premium equipment and well
services to operators on land and offshore in the U.S. and
international markets.

Parker Drilling Company and 19 subsidiaries sought Chapter 11
protection (Bankr. S.D. Tex. Lead Case No. 18-36958) on Dec. 12,
2018.

Parker Drilling reported $937,219,000 in assets and $695,489,000 in
liabilities as of Sept. 30, 2018.

The Hon. Marvin Isgur is the case judge.

Kirkland & Ellis LLP is serving as legal advisor to Parker in
connection with the restructuring.  Moelis & Company is serving as
Parker's investment banker, and Alvarez & Marsal is serving as its
financial advisor.  Jackson Walker L.L.P. is the co-bankruptcy
counsel.  Prime Clerk LLC is the claims agent.

Akin Gump Strauss Hauer & Feld LLP is serving as legal advisor to
the stakeholders that are parties to the RSA, and Houlihan Lokey is
serving as financial advisor.


PARKER DRILLING: Unsecured Claims Total $14.5MM Under Joint Plan
----------------------------------------------------------------
Parker Drilling Company and its debtor affiliates filed with the
U.S. Bankruptcy Court for the Southern District of Texas a
disclosure statement for the joint Chapter 11 plan of
reorganization.

Under the Plan, the projected amount of claim for the general
unsecured claims amount to $14.5 million. The projected recovery
under the Plan is 100%. Each holder shall receive cash in an amount
equal to such allowed general unsecured claim on the later of: (i)
the Effective Date; or (ii) the date due in the ordinary course of
business in accordance with the terms and conditions of the
particular transaction or agreement giving rise to such allowed
general unsecured claim.

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

          http://bankrupt.com/misc/txsb18-36958-21.pdf

The Debtor is represented by Brian E. Schartz, Esq., and Anna G.
Rotman, Esq., at Kirkland & Ellis LLP, in Houston, Texas; James
H.M. Sprayregen, Esq., and Jamie Rose Netznik, Esq., at Kirkland &
Ellis LLP, in Chicago, Illinois; Christopher J. Marcus, Esq., and
Matthew Fagen, Esq., at Kirkland & Ellis LLP, in New York; and
Patricia B. Tomasco, Esq., and Matthew D. Cavenaugh, Esq., at
Jackson Walker L.L.P., in Houston, Texas.

           About Parker Drilling

Houston-based Parker Drilling (OTC:PKDSQ) --
http://www.parkerdrilling.com/-- provides drilling services and
rental tools to the energy industry.  The Company's Drilling
Services business serves operators in the inland waters of the U.S.
Gulf of Mexico utilizing Parker Drilling's barge rig fleet and in
select U.S. and international markets and harsh environment regions
utilizing Parker-owned and customer-owned equipment.  The Company's
Rental Tools Services business supplies premium equipment and well
services to operators on land and offshore in the U.S. and
international markets.

Parker Drilling Company and 19 subsidiaries sought Chapter 11
protection (Bankr. S.D. Tex. Lead Case No. 18-36958) on Dec. 12,
2018.

Parker Drilling reported $937,219,000 in assets and $695,489,000 in
liabilities as of Sept. 30, 2018.

The Hon. Marvin Isgur is the case judge.

Kirkland & Ellis LLP is serving as legal advisor to Parker in
connection with the restructuring.  Moelis & Company is serving as
Parker's investment banker, and Alvarez & Marsal is serving as its
financial advisor.  Jackson Walker L.L.P. is the co-bankruptcy
counsel.  Prime Clerk LLC is the claims agent.

Akin Gump Strauss Hauer & Feld LLP is serving as legal advisor to
the stakeholders that are parties to the RSA, and Houlihan Lokey is
serving as financial advisor.


PETROLEUM HELICOPTERS: Egan-Jones Cuts Sr. Unsec. Ratings to CCC+
-----------------------------------------------------------------
Egan-Jones Ratings Company, on December 17, 2018, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Petroleum Helicopters International, Inc. to CCC+
from B. EJR also downgraded the rating on commercial paper issued
by the Company to C from B.

Petroleum Helicopters International, Inc., is an American
commercial helicopter operator, founded in 1949, by Robert L.
Suggs. The company is based in Lafayette, Louisiana and provides
service for the oil and gas industry, Aeromedical services, pilot
training, and aircraft maintenance.



QUANTUM CORP: Provides Corporate Governance Information
-------------------------------------------------------
The New York Stock Exchange Listed Company Manual requires
NYSE-listed companies to make certain corporate governance
disclosures in their Annual Reports on Form 10-K or their annual
meeting proxy statements.  As a result of the previously disclosed
delay in the filing of the Company's Annual Report on Form 10-K for
the fiscal year ended March 31, 2018 with the Securities and
Exchange Commission, the Company has been unable to make certain
corporate governance disclosures required to be contained in that
filing (or, alternatively, in a proxy statement) under Section 303A
of the NYSE Listed Company Manual.  Accordingly, the Company
provided the following corporate governance information required
under Section 303A of the NYSE Listed Company Manual.

Director Independence

The Company's board of directors currently consists of the
following seven directors: James J. Lerner, Alex Pinchev, Clifford
Press, Raghavendra Rau, Marc E. Rothman, Adalio T. Sanchez and Eric
B. Singer.

Under the rules of the NYSE, independent directors must comprise a
majority of a listed company's board of directors.  The Company's
board of directors has undertaken a review of its composition, the
composition of its committees, and the independence of each
director.  Based upon all of the relevant facts and circumstances,
including information requested from and provided by each director
concerning his or her background, employment, and affiliations,
including family relationships, the Company's board of directors
has affirmatively determined that six of its seven directors --
each of Messrs. Pinchev, Press, Rau, Rothman, Sanchez and Singer --
is "independent" as that term is defined under the applicable rules
and regulations of the SEC and the listing requirements and rules
of the NYSE.  Accordingly, a majority of the Company's directors
are independent, as required under applicable NYSE rules.  Mr.
Lerner, the Board Chairman and the Company's president and chief
executive officer, is not independent.

Committees of the Company's Board of Directors

The Company's board of directors has the authority to appoint
committees to perform certain management and administration
functions.  Its board of directors has an audit committee, a
leadership and compensation committee, and a corporate governance
and nominating committee.  Members serve on these committees until
their resignation or until otherwise determined by the board of
directors.

Audit Committee

The Company's Audit Committee currently consists of Mr. Rothman,
Chair of the committee, Mr. Sanchez and Mr. Rau, all of whom are
independent directors, including all applicable enhanced
independence requirements for audit committee members under NYSE
listing standards and SEC rules, and are financially literate, as
defined in the applicable NYSE listing standards and SEC rules and
regulations.  The Company's Board has determined that Marc E.
Rothman is an audit committee financial expert as defined by SEC
rules.  The Audit Committee appoints the Company's independent
registered public accounting firm and is responsible for approving
the services performed by the Company's independent registered
public accounting firm and for reviewing and evaluating the
Company's accounting principles and its systems of internal
accounting controls.  In addition to meetings at which management
of the Company is present, the Audit Committee regularly meets
separately with the Company's independent registered public
accounting firm without the presence of management, as well as with
the Company's management and with the Company's Internal Audit
department.

Leadership and Compensation Committee

The Leadership and Compensation Committee of the Board is currently
composed of Mr. Sanchez, Chair of the committee, Mr. Pinchev, Mr.
Rothman and Mr. Singer, all of whom are independent directors,
including all applicable enhanced independence requirements for
compensation committee members under NYSE listing standards.  The
Leadership and Compensation Committee's primary mission is to
ensure the Company provides appropriate leadership and compensation
programs to enable the successful execution of its corporate
strategy and objectives and to ensure the Company's programs and
practices are market competitive and consistent with corporate
governance best practices.  The Leadership and Compensation
Committee's primary objectives are to (1) review and approve the
Company's compensation philosophy, strategy and practices, (2)
review and approve executive compensation for all executive
officers (other than for the CEO) and make recommendations to the
Board regarding CEO and non-employee director compensation, (3)
review the Company's strategy and practices relating to the
attraction, retention, development, performance and succession of
its leadership team, and (4) develop guidelines to be used by the
Company's management for establishing and adjusting the
compensation of all non-executive vice presidents.

Corporate Governance and Nominating Committee

The Corporate Governance and Nominating Committee is currently
composed of Mr. Press, Chair of the committee, Mr. Singer and Mr.
Rothman, all of whom are independent directors, as defined in the
applicable NYSE listing standards.  The Corporate Governance and
Nominating Committee assists the Board by identifying and
recommending prospective director nominees, develops corporate
governance principles for Quantum, advises the Board on corporate
governance matters, including Board and committee composition,
roles and procedures, recommends to the Board a Chair of the Board,
oversees the evaluation of the Board, considers questions of
possible conflicts of interest of Board members and of senior
executives, oversees and reviews the process for succession
planning of the Company's Chief Executive Officer and considers
nominees recommended by stockholders.

Non-Management Director Meetings

The Company regularly schedule executive sessions in which
non-employee directors meet without the presence or participation
of management.  The lead independent director serves as the
presiding director of such executive sessions.  If there is no lead
independent director, the non-management directors elect a
non-management director to preside at such executive sessions.

Communication with the Company's Board of Directors

Stockholders, employees and other interested parties may contact
the Board, the Chairman of the Board, the independent directors as
a group or any of the Company's directors by writing to them c/o
Quantum Corporation, attention: Company Secretary, 224 Airport
Parkway, Suite 550, San Jose, CA 95110, or by email to
BoardofDirectors@Quantum.com.  Communications that are intended
specifically for the Chairman or the independent directors should
be sent to the email address or street address noted above, to the
attention of the Chairman or the independent directors, as
applicable.  If any such interested party wishes to contact the
Board, a member of the Audit Committee, the Chairman of the Board,
the Company's independent directors as a group or any of the
Company's directors to report a concern about Quantum's conduct or
about questionable accounting, internal accounting controls or
auditing matters, such party may do so anonymously by using the
address above and designating the communication as "confidential."
Alternatively, concerns may be reported anonymously by phone or via
the Internet to the following toll-free phone number or Internet
address 1-866-ETHICSP (1-866-384-4277); www.ethicspoint.com.  These
resources are operated by Ethicspoint, an external third-party
vendor that has trained professionals to take calls in confidence,
and to report concerns to the appropriate persons for proper
handling.  Communications raising safety, security or privacy
concerns, or that otherwise relate to improper activities will be
addressed in an appropriate manner.

          Availability of Corporate Governance Information

Each of the Company's standing committees is governed by a written
charter, copies of which are posted on its website.  The Company's
Corporate Governance Principles and The High Road—Quantum's Code
of Business Conduct and Ethics are also available on its website.
The Internet address for the Company's website is
http://www.quantum.com,where the charters may be found by clicking
"About Us" from the home page, selecting "Investor Relations" and
then "Governance Documents."  A free printed copy of the charters
also is available to any stockholder who requests it from Quantum's
Corporate Secretary at 224 Airport Parkway, Suite 550, San Jose, CA
95110.

                      About Quantum Corp.

Based in San Jose, California, Quantum Corp. (NYSE:QTM) --
http://www.quantum.com/-- is a scale-out tiered storage, archive
and data protection company, providing solutions for capturing,
sharing, managing and preserving digital assets over the entire
data lifecycle.  From small businesses to major enterprises, more
than 100,000 customers have trusted Quantum to address their most
demanding data workflow challenges.  Quantum's end-to-end, tiered
storage foundation enables customers to maximize the value of their
data by making it accessible whenever and wherever needed,
retaining it indefinitely and reducing total cost and complexity.

As of Sept. 30, 2017, Quantum Corp had $211.2 million in total
assets, $335.5 million in total liabilities, and a total
stockholders' deficit of $124.3 million.   

On Jan. 11, 2018, Quantum received a subpoena from the SEC
regarding its accounting practices and internal controls related to
revenue recognition for transactions commencing April 1, 2016.
Following receipt of the SEC subpoena, the Company's audit
committee began an independent investigation with the assistance of
independent advisors, which is currently in process.

On Feb. 15, 2018, the New York Stock Exchange notified Quantum that
it is not in compliance with the NYSE's continued listing standard
because the company has not timely filed its Form 10-Q for its
fiscal third quarter 2018 ended Dec. 31, 2017.


QUANTUM CORP: Secures $210 Million in Long-Term Financing
---------------------------------------------------------
Quantum Corp. has successfully completed a refinancing of its
current debt facilities.  The new $210 million of total credit
facilities consist of a $165 million senior secured term loan
facility, led by an investment fund managed by a leading US-based
global fixed income asset manager, along with a $45 million
revolving credit facility from the Company's current revolving
credit facility lender.

The new loan facility will be used to repay the Company's
outstanding debt and related fees and interest (totaling $124.6
million with respect to its current term loan and $21.2 million
with respect to its current revolving credit facility), provide
capital to fund ongoing growth initiatives, and to support other
general corporate purposes.  The Company's cash and cash
equivalents as of the date of Dec. 28, 2018 are approximately $14
million, and the amount drawn down under the new revolving credit
facility is $4.4 million.

"This financing is a major milestone for Quantum and validates our
credit-worthiness and business model outlook," says Jamie Lerner,
chairman and CEO.  "This facility, along with our other financial
resources, positions us to execute our growth strategy.  We look
forward to re-engaging with the investment community once we
resolve the inherited challenges related to our previously
announced restatement."

Key Terms of the loans are as follows:

   * Aggregate principal amount of up to $165 million, of which
     $150 million will be drawn at closing and $15 million will be

     funded (without contingencies) on or before Jan. 11, 2019;

   * Maturity: 5 years from closing date;

   * Interest rate: Libor plus 1000 basis points per annum,
     payable monthly in cash, calculated on an actual / 360-day
     basis, with a Libor floor equal to 2.0%;

   * Warrants to purchase an aggregate of 7,110,616 shares
    (subject to customary anti-dilution adjustments) of the
     Company's common stock were issued to the lenders.  The  
     warrants have an exercise price of $1.33 per share and are
     exercisable for a 10-year period; and

   * Quantum will also obtain a revolving credit facility in an
     amount up to $45,000,000.

Additional financing terms and conditions are available in the
Company's Form 8-K filed with the Securities and Exchange
Commission and is available at no charge at https://is.gd/ChK0rE

                SEC Financial Statement Filings Status

As previously announced, Quantum received NYSE notification in
February 2018 related to its late filing of its quarterly report on
Form 10-Q with the SEC.  As described in more detail in its Form
8-K filed with the SEC on Sept. 14, 2018, the Company has concluded
that previously issued financial statements for fiscal years ended
March 31, 2015, 2016 and 2017 and financial statements for quarters
and year-to-date periods ended June 30, 2015,
Sept. 30, 2015, Dec. 31, 2015, June 30, 2016, Sept. 30, 2016, Dec.
31, 2016, June 30, 2017 and Sept. 30, 2017 should no longer be
relied upon and would need to be restated.

As announced in Aug. 2018, the Company received an extension for
continued listing and trading of the Company's common stock on the
NYSE until Jan. 15, 2019.  If the Company does not become current
with its SEC periodic filings and report its restated financial
results by this date, the NYSE could grant a final extension to
Feb. 15, 2019.  It is also possible that the NYSE declines to grant
such an extension or that it initiates delisting procedures earlier
than Jan. 15, 2019, based on a variety of factors, including the
status of the Company's process to become current in its SEC
filings.  The Company cautions investors that its shares may be
subject to delisting on or about Jan. 15, 2019, should an extension
not be granted by the NYSE.  Should circumstances change regarding
the timing of completion of all outstanding filings, then the NYSE
could take delisting action sooner.  If the Company's shares are
delisted from the NYSE, the Company would expect its shares to
continue to trade on an alternative market.

                            About Quantum Corp.

Based in San Jose, California, Quantum Corp. (NYSE:QTM) --
http://www.quantum.com/-- is a scale-out tiered storage, archive
and data protection company, providing solutions for capturing,
sharing, managing and preserving digital assets over the entire
data lifecycle.  From small businesses to major enterprises, more
than 100,000 customers have trusted Quantum to address their most
demanding data workflow challenges.  Quantum's end-to-end, tiered
storage foundation enables customers to maximize the value of their
data by making it accessible whenever and wherever needed,
retaining it indefinitely and reducing total cost and complexity.

As of Sept. 30, 2017, Quantum Corp had $211.2 million in total
assets, $335.5 million in total liabilities, and a total
stockholders' deficit of $124.3 million.   

On Jan. 11, 2018, Quantum received a subpoena from the SEC
regarding its accounting practices and internal controls related to
revenue recognition for transactions commencing April 1, 2016.
Following receipt of the SEC subpoena, the Company's audit
committee began an independent investigation with the assistance of
independent advisors, which is currently in process.


RECREATE MED SPA: U.S. Trustee Unable to Appoint Committee
----------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Recreate Med Spa LLC as of Dec. 26,
according to a court docket.

                    About Recreate Med Spa

Recreate Med Spa LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 18-12670) on Oct. 17,
2018.  At the time of the filing, the Debtor estimated assets of
less than $50,000 and liabilities of less than $50,000.  The Debtor
tapped Bert L. Roos, P.C., as its legal counsel.


SCIENCE APPLICATIONS: Bank Debt Trades at 4% Off
------------------------------------------------
Participations in a syndicated loan under which Science
Applications International Corporation is a borrower traded in the
secondary market at 96.28 cents-on-the-dollar during the week ended
Friday, December 21, 2018, according to data compiled by
LSTA/Thomson Reuters MTM Pricing. This represents a decrease of
2.03 percentage points from the previous week. Science Applications
pays 175 basis points above LIBOR to borrow under the $1.05 billion
facility. The bank loan matures on October 31, 2025. Moody's rates
the loan 'Ba2' and Standard & Poor's gave a 'BB' rating to the
loan. The loan is one of the biggest gainers and losers among 247
widely quoted syndicated loans with five or more bids in secondary
trading for the week ended Friday, December 21.


SERTA SIMMONS: Bank Debt Trades at 17% Off
------------------------------------------
Participations in a syndicated loan under which Serta Simmons
Bedding LLC is a borrower traded in the secondary market at 83.00
cents-on-the-dollar during the week ended Friday, December 21,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 4.60 percentage points from
the previous week. Serta Simmons pays 350 basis points above LIBOR
to borrow under the $1.950 billion facility. The bank loan matures
on November 8, 2023. Moody's rates the loan 'B3' and Standard &
Poor's gave a 'B-' rating to the loan. The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
Friday, December 21.


SHILOH MISSIONARY: Seeks to Hire Buddy D. Ford as Counsel
---------------------------------------------------------
Shiloh Missionary Baptist Church of Daytona Beach, Inc., seeks
approval from the U.S. Bankruptcy Court for the Middle District of
Florida to hire Buddy D. Ford, P.A., as its legal counsel.

The firm will advise the Debtor regarding its duties under the
Bankruptcy Code; represent the Debtor in negotiation with its
creditors in the preparation of a bankruptcy plan; and provide
other legal services related to its Chapter 11 case.

Ford charges these hourly fees:

     Buddy Ford, Esq.               $425
     Senior Associate Attorneys     $375
     Junior Associate Attorneys     $300
     Senior Paralegal               $150
     Junior Paralegal               $100

Prior to the petition date, the Debtor paid the firm an advance fee
of $12,000.

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

The firm can be reached through:

     Buddy D. Ford, Esq.
     Jonathan A. Semach, Esq.
     Buddy D. Ford, P.A.
     9301 West Hillsborough Avenue
     Tampa, FL 33615-3008
     Phone: (813) 877-4669
     Fax: (813) 877-5543
     E-mail: Buddy@tampaesq.com
     E-mail: Jonathan@tampaesq.com
     E-mail: All@tampaesq.com

              About Shiloh Missionary Baptist Church
                      of Daytona Beach Inc.

Shiloh Missionary Baptist Church of Daytona Beach, Inc., a baptist
church established in 1992, sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. M.D. Fla. Case No. 18-07791) on Dec.
17, 2018.  At the time of the filing, the Debtor estimated assets
of less than $1 million and liabilities of $1,000,001 to $10
million.  The case has been assigned to Judge Karen S. Jennemann.


SKILLSOFT CORP: Bank Debt Trades at 19% Off
-------------------------------------------
Participations in a syndicated loan under which Skillsoft
Corporation is a borrower traded in the secondary market at 81.31
cents-on-the-dollar during the week ended Friday, December 21,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 8.55 percentage points from
the previous week. Skillsoft Corporation pays 475 basis points
above LIBOR to borrow under the $465 million facility. The bank
loan matures on April 28, 2021. Moody's rates the loan 'B3' and
Standard & Poor's gave a 'CCC+' rating to the loan. The loan is one
of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, December 21.



SKYMARK PROPERTIES: Case Summary & 19 Unsecured Creditors
---------------------------------------------------------
Debtor: Skymark Properties III, LLC
        1590 Adamson Parkway
        Morrow, GA 30269

Business Description: Skymark Properties III, LLC is a privately
                      held operator of nonresidential buildings.

                      On the web:
http://www.skymarkproperty.com/menu/georgia

Chapter 11 Petition Date: December 28, 2018

Court: United States Bankruptcy Court
       Northern District of Georgia (Atlanta)

Case No.: 18-71708

Debtor's Counsel: John A. Christy, Esq.
                  SCHREEDER, WHEELER & FLINT, LLP  
                  1100 Peachtree Street, Suite 800
                  Atlanta, GA 30309-4516
                  Tel: (404) 954-9819
                  Fax: (404) 681-3450
                  E-mail: jchristy@swfllp.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Byron Troy Wilson, managing member.

A copy of the Debtor's list of 19 unsecured creditors is available
for free at:

       http://bankrupt.com/misc/ganb18-71708_creditors.pdf

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

             http://bankrupt.com/misc/ganb18-71708.pdf


SMART & FINAL: Bank Debt Trades at 8% Off
-----------------------------------------
Participations in a syndicated loan under which Smart & Final
Stores Corporation is a borrower traded in the secondary market at
91.67 cents-on-the-dollar during the week ended Friday, December
21, 2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 2.81 percentage points from
the previous week. Smart & Final pay 350 basis points above LIBOR
to borrow under the $625 million facility. The bank loan matures on
November 15, 2022. Moody's rates the loan 'Caa1' and Standard &
Poor's gave a 'B' rating to the loan. The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
Friday, December 21.


SOUTHWEST SERVICES: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------------
No official committee of unsecured creditors has been appointed in
the Chapter 11 case of Southwest Services Group LLC as of Dec. 26,
according to a court docket.

                About Southwest Services Group

Southwest Services Group, LLC, is a real estate company whose
principal assets are located at 1609 Grand Ave. Santa Barbara,
California.

Southwest Services Group, LLC, based in Agoura Hills, CA, filed a
Chapter 11 petition (Bankr. D. Ariz. Case No. 18-11726) on Sept.
26, 2018.  In the petition signed by Brett Miles, manager, the
Debtor estimated $0 to $50,000 in assets and $1 million to $10
million in liabilities.  The Hon. Paul Sala presides over the case.
Pernell W. McGuire, Esq., at Davis Miles McGuire Gardner, PLLC,
serves as bankruptcy counsel.


SPINE ORTHOPEDIC: Seeks March 2 Plan Exclusivity Period Extension
-----------------------------------------------------------------
Spine Orthopedic & Sports Physical Therapy, Inc., requests the U.S.
Bankruptcy Court for the District of Arizona to extend the time in
which the Debtor exclusively may file its Chapter 11 Plan and
Disclosure Statement through and including March 2, 2019.

The Debtor has been attempting to work with its secured lender,
Wells Fargo Bank, in an effort to draft a "consensual" Chapter 11
Plan.  Wells Fargo has been extremely helpful in this endeavor
however the terms of repayment of the obligation have yet to be
determined. Wells Fargo has provided a payoff statement but the
Debtor's counsel still has some questions regarding the same.
Thus, until the final amount owed has been established, the Debtor
is unable to propose terms of repayment.

                  About Spine Orthopedic & Sports
                        Physical Therapy Inc.

Spine Orthopedic & Sports Physical Therapy Inc. --
http://www.sosptinc.org/-- is a physical therapy clinic in Queen
Creek, Arizona.

Spine Orthopedic filed for Chapter 11 bankruptcy protection (Bankr.
D. Ariz. Case No. 18-07978) on July 6, 2018, estimating its assets
at between $1,000,000 and $10 million, and its liabilities at
between $1,000,000 and $10 million.  Allan 1 Newdelman, Esq., at
Allan D Newdelman PC, serves as the Debtor's bankruptcy counsel.
Judge Paul Sala presides over the case.  No official committee of
unsecured creditors has been appointed in the Chapter 11 case.


SWIFT AIR: Breach of Fiduciary Duty Claims vs Ex-Officers Remain
----------------------------------------------------------------
In the case captioned MORRISANDERSON & ASSOCIATES, LTD., Litigation
Trustee for the Reorganized Debtor, Plaintiff, v. REDEYE II, LLC,
et al., Defendants, Adversary No. 2:14-ap-00534-DPC (Bankr. D.
Ariz.), Bankruptcy Judge Daniel P. Collins denied Defendants Jerry
Moyes and J. Kevin Burdette motion for Report and Recommendation
for Partial Summary Judgment on Count Six and Request for Judicial
Notice.

Debtor Swift Air, LLC filed its voluntary chapter 11 bankruptcy on
June 27, 2012. Plaintiff, MorrisAnderson & Associates, Ltd. was
appointed trustee of the creditor trust that was created by the
Third Amended Plan of Reorganization confirmed by the Court's Plan
Confirmation Order. The Trustee commenced this adversary proceeding
on June 27, 2014. The Trustee's Third Amended Complaint contains 11
claims for relief. Count Six is for claimed breaches of fiduciary
duties by the Defendants. In summary, Count Six claims the
Defendants caused the Subject Transfers to occur for their own
personal benefit and to the detriment of Debtor's creditors thereby
depriving Debtor of its ability to operate as a going concern.
Moyes and Burdette were the President and Vice-President,
respectively, of the Debtor until their resignations on Dec. 21,
2011 ("Transaction Date").

Defendants contend Plaintiff's claims for breach of fiduciary duty
were released by the Debtor before this bankruptcy and are barred
by the doctrine of in pari delicto.

Defendants' Motion points to an "Inter-Company Settlement Agreement
and Mutual Release" dated Dec. 21, 2011 that was executed by the
Debtor, on one hand, and the Defendants (and others), on the other
hand. The Settlement Agreement was one of many documents executed
on the Transaction Date as a part of a larger transaction
memorialized in, among other documents, a Purchase Agreement. At
bottom, the Transaction resulted in 1) Debtor's Part 135 Business
being transferred to Swift Aircraft Management, LLC ("SAM") and
Swift Aviation Group ("SAG"), Debtor's Part 121 Business remaining
with the Debtor, and the owner of the Debtor (SAG) transferring its
equity in the Debtor to the Buyers. The Part 135 Business included
Debtor's Federal Aviation Administration Part 135 certificate and
various receivables owed to Moyes and his Seller Affiliates and
payables owned by Moyes and his Seller Affiliates. The Part 121
Business, which remained with the Debtor, included an FAA Part 121
certificate and payables generally associated with the Debtor's
Part 121 Business. The consideration paid by the Buyers was $100.

A "condition precedent" to Buyers' purchase of SAG's ownership of
Debtor was the execution of the Settlement Agreement calling for ".
. . any and all of Swift's [Debtor's] debts to Seller, Moyes and
Seller's Affiliates be settled and/or released prior to Closing."
Moyes owned SAG, SAM and the Seller Affiliates.

Defendants contend the Section 4 Mutual Releases portion of the
Settlement Agreement, even when read with the limitations of the
Section 2 Settlement Terms, released all of the Debtor's claims
against the Defendants, including the breach of fiduciary duty
claims asserted by the Trustee in Count Six of the Complaint. The
Defendants further contend that, having released all claims against
the Defendants prior to the Petition Date, the Debtor's bankruptcy
estate could not have included such breach of fiduciary duty
claims. The Trustee, therefore, could not assert claims against the
Defendants that the Debtor itself did not hold on the Petition
Date. Moreover, Defendants contend no creditors of the Debtor
assigned their breach of fiduciary duty claims (if any) to the
Trustee so the Trustee has no standing to bring causes of action
based on Defendants' alleged breaches of their fiduciary duties.
Defendants claim the doctrine of in pari delicto bars Count Six and
those claims must be dismissed.

The Court finds the Settlement Agreement does not release the
Debtor's breach of fiduciary duty claims against the Defendants.
Even if the Settlement Agreement does release such claims, the
foundation for Defendants' Motion is their claimed enforceability
of the Settlement Agreement and the releases set forth in that
agreement. If the releases are not enforceable, the affirmative
defenses of release, waiver, estoppel and in pari delicto fail.
Genuine issues of material fact exist as to the Trustee's defenses
to the enforceability of the Settlement Agreement.

A copy of the Court's Order dated Dec. 7, 2018 is available at
https://bit.ly/2EImL7s from Leagle.com.

MORRIS ANDERSON & ASSOCIATES, LTD., Plaintiff, represented by SCOTT
R. GOLDBERG -- scott@bizlaw.com -- SCHIAN WALKER, P.L.C., TYLER
JARED GRIM , THORPE SHWER, P.C., CODY J. JESS -- cody@bizlaw.com --
SCHIAN WALKER, PLC, ALISA C. LACEY -- alisa.lacey@stinson.com --
STINSON LEONARD STREET LLP, NATHAN T. MITCHLER , SCHIAN WALKER,
P.L.C. & DALE C. SCHIAN -- dale@bizlaw.com -- SCHIAN WALKER,
P.L.C.

REDEYE II, L.L.C., Defendant, represented by ANTHONY P. CALI --
Anthony.cali@stinson.com -- Stinson Leonard Street, ALISA C. LACEY
, STINSON LEONARD STREET LLP, TERESA M. PILATOWICZ , GARMAN TURNER
GORDON & THOMAS J. SALERNO -- thomas.salerno@stinson.com -- Stinson
Leonard Street, LLP.

                        About Swift Air

Swift Air LLC filed a Chapter 11 petition in its home-town in
Phoenix (Bankr. D. Ariz. Case No. 12-14362) on June 27, 2012.  The
Debtor estimated assets of under $1 million and debts exceeding $10
million.  Michael W. Carmel, Ltd., serves as counsel to the
Debtor.

Pursuant to the order confirming the Third Amended Plan of
Reorganization for Swift Air, MorrisAnderson & Associates, Ltd.,
was appointed as litigation trustee.


SYNCHRONOSS TECHNOLOGIES: Egan-Jones Lowers Sr. Unsec. Ratings to B
-------------------------------------------------------------------
Egan-Jones Ratings Company, on December 17, 2018, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Synchronoss Technologies Inc. to B from B+. EJR also
downgraded the rating on commercial paper issued by the Company to
B from A3.

Synchronoss Technologies, Inc. was founded in 2000 and is
headquartered in Bridgewater, New Jersey. The company provides
cloud, digital, messaging, and Internet of things platforms,
products, and solutions worldwide.


SYNTHESIS INDUSTRIAL: Feb. 13 Plan Confirmation Hearing
-------------------------------------------------------
Judge Mike K. Nakagawa of the U.S. Bankruptcy Court for the
District of Nevada approved the disclosure statement explaining
Synthesis Industrial Holdings 1 LLC's plan of reorganization.

January 30, 2019, by 5:00 p.m., is fixed as the last day for filing
and serving pursuant to Fed. R. Bankr. P. 3020(b)(1) written
objections to confirmation of the plan and shall be the Voting
Deadline. Judge Nakagawa noted that late filed objections or votes
shall not be heard or considered.

Further, oppositions to objections must be filed no later than
February 6, 2019.

February 13, 2019, at 9:30 A.M., is fixed for the hearing on
confirmation of the plan. The Brief in Support of Confirmation and
the Ballot and Tabulation Summary shall be filed no later than
February 6, 2019.

        About Synthesis Industrial

Synthesis Industrial Holdings 1 LLC sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D. Nev. Case No. 18-15993) on
Oct. 5, 2018.  At the time of the filing, the Debtor estimated
assets of less than  500,000 and liabilities of less than $1
million. Judge Mike K. Nakagawa presides over the case.


TELL MY PEOPLE: Seeks May 1 Exclusive Plan Filing Period Extension
------------------------------------------------------------------
Tell My People, Inc., requests the U.S. Bankruptcy Court for the
Eastern District of Texas to extend the exclusive time to file and
to confirm a plan of reorganization up to and including May 1,
2019, and July 2, 2019, respectively.

The Debtor asserts that cause exists to extend the exclusivity
periods.  The Debtor acknowledges that although its case is not
complex, it does not have liquid assets that it can use to fund a
plan.  The Debtor's primary asset is its property located at 12928
St. John Rd., Pilot Point, Texas 76258, which has realistically
only been marketed for the last 3-4 months.

The Debtor has retained Coldwell Banker Residential Brokerage to
sell the Property in an arms-length transaction, for the highest
and best offer.  The Broker has been diligently marketing the
Property and several interested parties have talked to the Broker
about purchasing the property, but no one has yet submitted an
offer.  The Debtor assures the Court that once it is able to sell
the Property, it will be in a position to fund a plan of
reorganization.

The Debtor relates that prior to the Petition Date, the Debtor
hired Shady Oaks Nursery & Landscape LLC, to make certain
improvements on the student housing facility on the Property.
However, since the materials, labor and services provided by Shady
Oaks proved to be subpar, at best, and, in fact, had caused
significant damage to the Property, the Debtor did not pay Shady
Oaks all that it claimed to be owed, which amount was alleged to be
$226,909.

Consequently, Shady Oaks commenced a lawsuit against the Debtor
styled Shady Oaks Nursery & Landscape, et al. v. Tell My People,
Inc., Cause No. 17-4120-158, pending in the 158th Judicial District
Court of Denton County, alleging that the Debtor improperly
withheld the Disputed Balance. Due the Debtor's inexperience with
litigation, Shady Oaks obtained essentially a default judgment
against the Debtor, in the principal amount of $160,125, when the
Debtor did not appear at trial in the Lawsuit.

The Debtor contends that it is in constant discussions with Shady
Oaks -- the only creditor who is challenging this bankruptcy. The
Debtor has made several settlement offers to Shady Oaks, but thus
far they are not willing to settle. This has forced the Debtor to
look into other avenues in which it can resolve Shady Oak's claim,
including potential litigation, so that it can confirm a plan.

Furthermore, the Debtor is making plans to transition from its
current operations at the Property and intends to try new
initiatives to raise revenue and reduce operating expenses.

                     About Tell My People Inc.

Tell My People, Inc. -- http://english.tmpinc.org/-- was
established in 1976 as a non-profit, non-denominational
international religious organization.  Founded by Dale and Helen
Lynch, it provides a missionary training center for training
missionaries from Latin America.

Tell My People sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Texas Case No. 18-41981) on Sept. 3, 2018.  In
the petition signed by Helen Lynch, president, the Debtor disclosed
$1,592,078 in assets and $983,000 in liabilities. Judge Brenda T.
Rhoades presides over the case.  The Debtor tapped FisherBroyles,
LLP as its legal counsel.  Caldwell Banker Residential Brokerage is
the broker.


TENNECO INC: Bank Debt Trades at 6% Off
---------------------------------------
Participations in a syndicated loan under which Tenneco
Incorporated is a borrower traded in the secondary market at 94.08
cents-on-the-dollar during the week ended Friday, December 21,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 2.35 percentage points from
the previous week. Tenneco Incorporated pays 275 basis points above
LIBOR to borrow under the $1.7 billion facility. The bank loan
matures on October 1, 2025. Moody's rates the loan 'Ba2' and
Standard & Poor's gave a 'BB' rating to the loan. The loan is one
of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, December 21.


TINTRI INC: Taps Onyx Asset Advisors as Valuation Advisor
---------------------------------------------------------
Tintri, Inc., seeks approval from the U.S. Bankruptcy Court for the
District of Delaware to hire Onyx Asset Advisors, LLC, nunc pro
tunc to Oct. 26, 2018, as desktop valuation advisor.

Onyx is to provide a desktop valuation report setting forth Onyx's
opinion of the forced liquidation of certain of the Debtor's
computer; furniture, and office equipment, which totals
approximately $10.9 million in cost.  Onyx will perform a sku level
forced liquidation valuation analysis of selected assets with a
combined total equivalent to an 80% sample based on the total
provided cost.  Onyx will then extrapolate those findings by
categories determined during the analysis to the remaining 20% of
the total provided cost within the scope of the report.  Onyx will
utilize the provided manufacturer, model and acquisition date of
certain assets to form an opinion of value.

Onyx does not hold any interest adverse to the Debtor's estate and
is a "disinterested person" as defined by Section 101(14) of the
Bankruptcy Code, as disclosed in the Court filing.

Onyx will be paid by the Debtor a fixed fee of $24,500 for its
services.  A retainer in the amount of $12,250 was due upon
execution of the Engagement Agreement and has been paid to Onyx.
The balance of the fixed fee shall be due and payable upon delivery
of the forced liquidation value report.

The advisor can be reached at:

     K. Kevin Otus
     Qnyx Asset Advisors, LLG
     655 Montgomery Street — Suite 700
     San Francisco, CA 94191
     Phone:  415-799-3299

                        About Tintri Inc.

Tintri, Inc. -- http://www.tintri.com/-- is an enterprise cloud
storage company founded in 2008 with the initial objective to solve
the mismatch caused by using old, conventional physical storage
systems with applications in virtual machine environments.  The
company provides large organizations and cloud service providers
with an enterprise cloud platform that offers public cloud
capabilities inside their own data centers and that can also
connect to public cloud services.  Tintri is headquartered at 303
Ravendale Drive, Mountain View, California 94043.  The company has
additional locations in McLean, Virginia; Chicago, Illinois,
London, England; Munich, Germany; Singapore; and Tokyo, Japan.

Tintri Inc. filed for Chapter 11 bankruptcy (Bankr. D. Del. Case
No. 18-11625) on July 10, 2018.  Kieran Harty, co-founder and chief
technology officer, filed the petition.  As of January 2018, the
Debtor reported total assets of $76.25 million and total debt of
$168
million.

The Hon. Kevin J. Carey oversees the case.  

Pachulski Stang Ziehl & Jones LLP serves the Debtors' counsel.
Wilson Sonsini Goodrich & Rosati is the Debtor's special corporate
counsel.  Houlihan Lokey acts as the Debtor's financial advisor,
and Kurtzman Carson Consultants Inc. as the Debtor's claims and
noticing agent.  

The Office of the U.S. Trustee formed an official committee of
unsecured creditors on July 20, 2018.  The Committee tapped Womble
Bond Dickinson (US) LLP as its legal counsel.


TM VILLAGE: Hires Transwestern as Realtor
-----------------------------------------
TM Village, Ltd., seeks authority from the United States Bankruptcy
Court for the Northern District of Texas (Dallas) to hire Patrick
Hunt, an associate with TCS Central Region, GP, LLC d/b/a
Transwestern to list and market for sale the real property owned by
the Debtor, specifically the Office Building located on the real
property more commonly known as Building 1, 1220 Trinity Mills,
Dallas, Texas 75006 and the raw land more commonly known as 1146
Trinity Mills, Dallas, Texas 75006.

Transwestem's fee for the services to be provided is 6% of the
Sales Price if there is a cooperating broker and 4% of the Sales
Price if there is no cooperating broker, to be determined and
approved by this Court. The Debtor has received a Commercial
Contract of Sale for both parcels ofreal estate from G.L. Stone,
LLC, which is excluded from the listing agreements. In the event
the G.L. Sone Contract closes, the listing agreements allow for a
reduced commission paid to Patrick Hunt, in the total amount
of$20,100.00.

Patrick Hunt, associate with TCS Central Region, GP, LLC d/b/a
Transwestern, attests that he is a disinterested person as defined
by 11 U.S.C. Sec. 10l and 327 of the Bankruptcy Code.

The firm can be reached at:

     Patrick Hunt
     TCS Central Region, GP, LLC
       d/b/a Transwestern
     5001 Spring Valley Road, Suite 400W
     Dallas, TX 75244
     Phone:  (972) 774-2590
     E-mail: patrick.hunt@transwestern.com

                   About TM Village, Ltd.

TM Village, Ltd. filed as a Domestic Limited Partnership in the
State of Texas on Oct. 16, 2014, according to public records filed
with Texas Secretary of State.

TM Village commenced a Chapter 11 proceeding (Bankr. N.D. Tex. Case
No. 18-32770) on Aug. 22, 2018.  The petition was signed by John
Chong, president and general partner.  The Debtor estimated $50,000
in assets and $1 million to $10 million in liabilities.  Thomas
Craig Sheils, Esq., and Mark Douglas Winnubst, Esq., at Sheils
Winnubst PC, serve as the Debtor's counsel.


TOYS R US: Propco I Debtors Eye on Confirmation of Plan Structure
-----------------------------------------------------------------
Toys "R" Us Property Company I, LLC ("Propco I"), Wayne Real Estate
Holding Company, LLC, MAP Real Estate, LLC, TRU 2005 RE I, LLC, TRU
2005 RE II Trust, and Wayne Real Estate Company, LLC filed with the
U.S. Bankruptcy Court for the Eastern District of Virginia a
disclosure statement explaining their first amended joint chapter
11 plan of reorganization.

The Debtors noted that the Bankruptcy Court may convert the Chapter
11 case to a case under Chapter 7 if the Bankruptcy Court finds
that it would be in the best interest of creditors and/or the
debtors. In such event, a chapter 7 trustee would be appointed or
elected to liquidate the Debtors' assets for distribution in
accordance with the priorities established by the Bankruptcy Code.

The Plan Debtors believe that liquidation under chapter 7 would
result in significantly smaller distributions being made to
creditors than those provided for in a chapter 11 plan because of
(a) the likelihood that the assets would have to be sold or
otherwise disposed of in a disorderly fashion over a short period
of time rather than selling in a controlled manner affecting the
business as a going concern, (b) additional administrative expenses
involved in the appointment of a chapter 7 trustee, and (c)
additional expenses and Claims, some of which would be entitled to
priority, that would be generated during the liquidation, and
including Claims resulting from the rejection of Unexpired Leases
and other Executory Contracts in connection with cessation of
operations.

Further, the Plan Debtors do not believe that there are any
alternative plans for the reorganization or liquidation of the Plan
Debtors’ Estates. The Plan Debtors believe that the Plan
structure enables holders of Claims and Interests to realize the
greatest possible value under the circumstances and that, compared
to any alternative plan, for example, a fire sale liquidation, the
Plan has the greatest chance to be confirmed and consummated.

The Plan will be funded by Cash on hand, the New Debt Instruments,
and any other Cash received or generated by the Plan Debtors.

The Debtors are represented by:

     Edward O. Sassower, Esq.
     Joshua A. Sussberg, Esq.
     Emily E. Geier, Esq.
     KIRKLAND & ELLIS LLP
     KIRKLAND & ELLIS INTERNATIONAL LLP
     601 Lexington Avenue
     New York, NY 10022
     Tel: (212) 446-4800
     Fax: (212) 446-4900

        -- and --

     James H.M. Sprayregen, Esq.
     Anup Sathy, Esq.
     Chad J. Husnick, Esq.
     KIRKLAND & ELLIS LLP
     KIRKLAND & ELLIS INTERNATIONAL LLP
     300 North LaSalle
     Chicago, IL 60654
     Tel: (312) 862-2000
     Fax: (312) 862-2200

        -- and --

     Michael A. Condyles, Esq.
     Peter J. Barrett, Esq.
     Jeremy S. Williams, Esq.
     KUTAK ROCK LLP
     901 East Byrd Street, Suite 1000
     Richmond, VA 23219-4071
     Tel: (804) 644-1700
     Fax: (804) 783-6192

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

        http://bankrupt.com/misc/vaeb18-31429-893.pdf

                       Toys "R" Us UK

Toys "R" Us Limited, Toys "R" Us, Inc.'s UK arm with 105 stores and
3,000 employees, was sent into administration in the United Kingdom
in February 2018.

Arron Kendall and Simon Thomas of Moorfields Advisory Limited, 88
Wood Street, London, EC2V 7QF were appointed Joint Administrators
on Feb. 28, 2018. The Administrators now manage the affairs,
business and property of the Company.  The Administrators act as
agents only and without personal liability.

The Administrators said they will make every effort to secure a
buyer for all or part of the business.

                     Liquidation of U.S. Stores

Toys "R" Us, Inc., on March 15, 2018, filed with the U.S.
Bankruptcy Court a motion seeking Bankruptcy Court approval to
start the process of conducting an orderly wind-down of its U.S.
business and liquidation of inventory in all 735 of the Company's
U.S. stores, including stores in Puerto Rico.

                         Propco I Debtors

Toys "R" Us Property Company I, LLC and its subsidiaries own fee
and leasehold interests in more than 300 properties in the United
States. The Debtors lease the properties on a triple-net basis
under a master lease to Toys-Delaware, the operating entity for all
of TRU's North American businesses, which operates the majority of
the properties as Toys "R" Us stores, Babies "R" Us stores or
side-by-side stores, or subleases them to alternative retailers.

Toys "R" Us Property was founded in 2005 and is headquartered in
Wayne, New Jersey. Toys 'R' Us Property operates as a subsidiary of
Toys "R" Us Inc.

Company LLC, MAP Real Estate LLC, TRU 2005 RE I LLC, TRU 2005 RE II
Trust, and Wayne Real Estate Company LLC -- Propco I Debtors --
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
E.D. Va. Lead Case No. 18-31429) on March 20, 2018. The Propco I
Debtors sought and obtained procedural consolidation and joint
administration of their Chapter 11 cases, separate from the Toys
"R" Us Debtors' Chapter 11 cases.

The Propco I Debtors estimated assets of $500 million to $1 billion
and liabilities of $500 million to $1 billion.

Judge Keith L. Phillips presides over the Propco I Debtors' cases.


The Propco I Debtors hired Klehr Harrison Harvey Branzburg, LLP;
and Crowley, Liberatore, Ryan & Brogan, P.C., as co-counsel. The
Debtors also tapped Kutak Rock LLP. They hired Goldin Associates,
LLC, as financial advisors.


TX SUPERIOR: Seeks to Hire Smeberg Law Firm as Counsel
------------------------------------------------------
TX Superior Communications, LLC, seeks approval from the U.S.
Bankruptcy Court for the Western District of Texas to hire Smeberg
Law Firm, 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.

Smeberg charges these hourly fees:

     Ronald Smeberg, Esq.            $300
     Associate Attorneys             $210
     Legal Assistants/Paralegals     $120

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

Smeberg can be reached through:

     Ronald J. Smeberg, Esq.      
     Smeberg Law Firm, PLLC
     2010 West Kings Highway
     San Antonio, TX 78201
     Phone: 210-695-6684
     Fax: 210-598-7357
     Email: ron@smeberg.com  

               About TX Superior Communications

TX Superior Communications, LLC, sought protection under Chapter 11
of the Bankruptcy Code (Bankr. W.D. Tex. Case No. 18-52973) on Dec.
17, 2018.  At the time of the filing, the Debtor estimated assets
of less than $500,000 and liabilities of $1 million to $10 million.
The case has been assigned to Judge Craig A. Gargotta.


UNIVERSAL SERVICES: $1.26BB Bank Debt Trades at 5% Off
------------------------------------------------------
Participations in a syndicated loan under which Universal Services
of America LP is a borrower traded in the secondary market at 94.85
cents-on-the-dollar during the week ended Friday, December 21,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 3.13 percentage points from
the previous week. Universal Services pays 375 basis points above
LIBOR to borrow under the $1.260 billion facility. The bank loan
matures on July 28, 2022. Moody's rates the loan 'B2' and Standard
& Poor's gave a 'B-' rating to the loan. The loan is one of the
biggest gainers and losers among 247 widely quoted syndicated loans
with five or more bids in secondary trading for the week ended
Friday, December 21.


UNIVERSAL SERVICES: $100MM Bank Debt Trades at 5% Off
-----------------------------------------------------
Participations in a syndicated loan under which Universal Services
of America LP is a borrower traded in the secondary market at 94.85
cents-on-the-dollar during the week ended Friday, December 21,
2018, according to data compiled by LSTA/Thomson Reuters MTM
Pricing. This represents a decrease of 3.13 percentage points from
the previous week. Universal Services pays 375 basis points above
LIBOR to borrow under the $100 million facility. The bank loan
matures on July 28, 2022. Moody's withdrew the rating of the loan
and Standard & Poor's gave a 'B-' rating to the loan. The loan is
one of the biggest gainers and losers among 247 widely quoted
syndicated loans with five or more bids in secondary trading for
the week ended Friday, December 21.


VALADOR INC: Seeks to Hire Richard Hall as Bankruptcy Attorney
--------------------------------------------------------------
Valador Inc. seeks approval from the U.S. Bankruptcy Court for the
Eastern District of Virginia to hire Richard Hall, Esq., as its
legal counsel.

The services to be provided by the attorney include advising the
Debtor regarding the administration of its bankruptcy estate and
assisting the Debtor in the preparation of a plan of
reorganization.

The Debtor will pay the attorney an hourly fee of $425 for his
services.  Paraprofessionals assisting him will charge $200 per
hour.

Mr. Hall neither holds nor represents any interest adverse to the
Debtor, according to court filings.

Mr. Hall maintains an office at:

     Richard G. Hall, Esq.
     7369 McWhorter Place, Suite 412
     Annandale, VA 22003
     Tel: 703-256-7159
     Fax: (703)941-0262
     Email: richard.hall33@verizon.net

                        About Valador Inc.

Headquartered in Herndon, Virginia, Valador, Inc. is a business
that delivers solutions for collecting, maintaining, visualizing,
and protecting its clients' information.  It focuses on four key
business areas: modeling and simulation, information assurance,
management consulting, and software engineering.  It employs
innovative solutions such as the use of 3D immersive visualization
to address its clients' complex challenges including decision
support, strategic planning, risk management, safety and
reliability, assessment of alternatives, and information security.


Valador sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. E.D. Va. Case No. 18-14168) on Dec. 13, 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 Klinette H. Kindred.  Richard Hall, Esq., is the
Debtor's legal counsel.



VARADERO @ PALMAS: Case Summary & Unsecured Creditor
----------------------------------------------------
Debtor: Varadero @ Palmas Inc.  
           fka La Marina En Palmas, Inc.
        110 Harbour Dr., # 11
        Humacao, PR 00791

Business Description: Varadero @ Palmas Inc. provides support
                      activities for water transportation.
                      Varadero is widely known for its haul out
                      and other premium services such as boatyard
                      work, land storage, and hurricane season
                      programs.

Chapter 11 Petition Date: December 26, 2018

Court: United States Bankruptcy Court
       District of Puerto Rico (Old San Juan)

Case No.: 18-07576

Judge: Hon. Mildred Caban Flores

Debtor's Counsel: Alexis Fuentes Hernandez, Esq.  
                  FUENTES LAW OFFICES, LLC
                  PO Box 9022726
                  San Juan, PR 00902
                  Tel: (787) 722-5216
                  Fax: (787) 722-5206
                  E-mail: alex@fuentes-law.com

Total Assets: $1,038,507

Total Liabilities: $105,441

The petition was signed by Juan R. Zalduondo Machicote, president.

The Debtor lists Toral Petroleum Corporation as its sole unsecured
creditor holding a claim of $5,431.

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

          http://bankrupt.com/misc/prb18-07576.pdf


WALDEN PALMS CONDOMINIUM: Case Summary & 20 Unsecured Creditors
---------------------------------------------------------------
Debtor: Walden Palms Condominium Association, Inc.
        4700 Walden Circle
        Orlando, FL 32811

Business Description: Walden Palms Condominium Association, Inc.
                      is a not for profit property management
                      company in Orlando, Florida.

Chapter 11 Petition Date: December 24, 2018

Court: United States Bankruptcy Court
       Middle District of Florida (Orlando)

Case No.: 18-07945

Judge: Hon. Cynthia C. Jackson

Debtor's Counsel: Matthew S. Kish, Esq.  
                  SHAPIRO, BLASI, WASSERMAN & HERMANN, P.A.   
                  7777 Glades Road, Suite 400
                  Boca Raton, FL 33434
                  Tel: 561-477-7800
                  Fax: 561-477-7722
                  Email: mkish@sbwh.law

Debtor's
General
Association
Counsel:          Adam Carls, Esq.
                  ARIAS BOSINGER PLLC

Debtor's
Collections &
Foreclosure
Counsel:          Jefferson D. Davis, Esq.
                  JD LAW FIRM  

Debtor's
Land Use
Counsel:          Lionel E. Rubio, Esq.
                  WINDERWEEDLE, HAINES, WARD & WOODMAN, P.A

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Philip Masi, president/director.

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

              http://bankrupt.com/misc/flmb18-07945.pdf


WAYPOINT LEASING: Section 341 Meeting Set for Jan. 16
-----------------------------------------------------
A meeting of Waypoint Leasing Holdings Ltd. et al.'s creditors will
be held on Jan. 16, 2019, at 3:30 p.m. (ET) at:

     U.S. Bankruptcy Court
     Southern District of New York
     One Bowling Green, Room 511
     New York, NY 10004

This is the first meeting of creditors required under Section
341(a) of the Bankruptcy Code in all bankruptcy cases.

A representative of the Debtors is required to appear at the
meeting and answer questions under oath.

All creditors are invited, but not required, to attend.  This
meeting of creditors offers the one opportunity in a bankruptcy
proceeding for creditors to question a responsible office of the
Debtor under oath about the company's financial affairs and
operations that would be of interest to the general body of
creditors.

The meeting is presided over by the U.S. trustee, the Justice
Department's bankruptcy watchdog.

                    About Waypoint Leasing

Waypoint Leasing -- http://waypointleasing.com/-- is a global
helicopter leasing company founded in 2013 focused on acquiring and
leasing rotary wing aircraft to helicopter operators throughout the
world.  Though the Debtors lease aircraft to operators in the
emergency medical, search and rescue, and utility sectors, the
majority of the Debtors' lessees are helicopter service providers
servicing the offshore oil and gas industry.  The company is
headquartered in Limerick, Ireland.

Waypoint Leasing Holdings Ltd. and 142 affiliates sought Chapter 11
protection (Bankr. S.D.N.Y. Lead Case No. 18-13648) on Nov. 25,
2018 to facilitate the sale of the assets to a new owner.  

The Debtors disclosed $1.62 billion in total assets and $1.23
billion in liabilities as of Oct. 31, 2018.

The Honorable Stuart M. Bernstein is the case judge.

The Debtors tapped WEIL, GOTSHAL & MANGES LLP, as counsel; HOULIHAN
LOKEY CAPITAL, INC., as investment banker; FTI CONSULTING, INC., as
financial advisor; ACCENTURE LLP as corporate advisor; and KURTZMAN
CARSON CONSULTANTS LLC, as claims agent.


WAYPOINT LEASING: Seeks to Hire A&L Goodbody as Irish Law Advisor
-----------------------------------------------------------------
Waypoint Leasing Holdings Ltd. seeks approval from the U.S.
Bankruptcy Court for the Southern District of New York to hire A&L
Goodbody Solicitors.

The firm will advise the company and its affiliates on issues
concerning Irish law; provide general aircraft leasing and
financing activities; advise the boards of the various Irish
Waypoint units on matters affected by Irish law; and provide other
services as the Debtors' Irish law advisor.  

The Debtors will pay A&L on the basis of the firm's hourly rates
minus a discount of 10%:

     Partner                           EURO480  
     Senior Associate                  EURO415  
     Associate                         EURO350  
     Assistant Solicitor         EURO260 - EURO315  
     Paralegal                   EURO100 - EURO235  
     Trainee                           EURO110

Marsha Coghlan, a partner at A&L, disclosed in a court filing that
her firm is "disinterested" as defined in Section 101(14) of the
Bankruptcy Code.

A&L can be reached through:

     Marsha Coghlan
     A&L Goodbody Solicitors
     International Financial Services Centre
     North Wall Quay
     Dublin 1, D01H104
     Ireland
     Tel: +353 1 649 2116
     Email: mcoghlan@algoodbody.com

                      About Waypoint Leasing

Waypoint Leasing -- http://waypointleasing.com/-- is a global
helicopter leasing company founded in 2013 focused on acquiring and
leasing rotary wing aircraft to helicopter operators throughout the
world.  Though the Debtors lease aircraft to operators in the
emergency medical, search and rescue, and utility sectors, the
majority of the Debtors' lessees are helicopter service providers
servicing the offshore oil and gas industry.  The company is
headquartered in Limerick, Ireland.

Waypoint Leasing Holdings Ltd. and 142 affiliates sought Chapter 11
protection (Bankr. S.D.N.Y. Lead Case No. 18-13648) on Nov. 25,
2018 to facilitate the sale of the assets to a new owner.  

The Debtors disclosed $1.62 billion in total assets and $1.23
billion in liabilities as of Oct. 31, 2018.

The Honorable Stuart M. Bernstein is the case judge.

The Debtors tapped Weil, Gotshal & Manges LLP as counsel; Houlihan
Lokey Capital, Inc. as investment banker; FTI Consulting, Inc. as
financial advisor; Accenture LLP as corporate advisor; and Kurtzman
Carson Consultants LLC as claims and administrative agent.


WAYPOINT LEASING: Seeks to Hire FTI as Financial Advisor
--------------------------------------------------------
Waypoint Leasing Holdings Ltd. seeks approval from the U.S.
Bankruptcy Court for the Southern District of New York to hire FTI
Consulting, Inc. as its financial advisor.

The firm will assist the company and its affiliates in the
development of a business plan; assist the Debtors in the
preparation and presentation of proposals to lenders regarding
terms of potential forbearances, amendments or restructuring of
their long-term debt to accompany the business plan; analyze the
Debtors' near-term capital obligations; assist the Debtors in the
preparation of financial disclosures; and provide other financial
advisory services related to their Chapter 11 cases.

The Debtors will pay FTI at its standard hourly rates:

     Professional Services               Per Hour (USD)
     ---------------------               --------------
     Senior Managing Directors           $875 - $1,075
     Directors/Senior Directors/
        Managing Directors                 $650 - $855
     Consultants/Senior Consultants        $345 - $620     
     Administrative/Paraprofessionals      $140 - $270

In addition, the Debtors have agreed to pay these consulting
services and collection package fees in connection with the
contract review services:

     Professional Consulting Services    Per Hour (USD)
     --------------------------------    --------------
     Lead Service Consultant                  $600  
     Technologist                             $300  
     Collection Specialist                    $325  
     Review/Analysis Manager                  $250  
     Review/Analysis Team Lead                $125  
     Contract Reviewer/Analyst                 $65

     Collection Package Fees
     -----------------------
     Onsite Collection:
     $9,000 per site, per day (Onsite daily fee includes two
     Collection Specialists and all associated T&E)




     Cloud Collection:
     $10,000 per repository (Cloud repository fee applies to
     unique repository (i.e. multiple collections from same
     repository do not incur additional repository fee)    
     
     Platform Package Fee
     --------------------
     The technology platform package fee of $200,000 was a one-
     time, up-front fee reflecting expectations of file volumes,
     processing and hosting requirements, user licenses, and
     automated-extraction requirements.  This fee was paid to FTI
     Consulting Technology LLC prior to the petition date.

Robert Del Genio, a senior managing director of FTI, disclosed in a
court filing that his firm is "disinterested" as defined in section
101(14) of the Bankruptcy Code.

FTI can be reached through:

     Robert A. Del Genio
     FTI Consulting, Inc.
     Three Times Square, 9th Floor
     New York, NY, 10036
     Tel: +1 212 813 1640  
     Fax: +1 212 841 9350
     Email: bob.delgenio@fticonsulting.com

                      About Waypoint Leasing

Waypoint Leasing -- http://waypointleasing.com/-- is a global
helicopter leasing company founded in 2013 focused on acquiring and
leasing rotary wing aircraft to helicopter operators throughout the
world.  Though the Debtors lease aircraft to operators in the
emergency medical, search and rescue, and utility sectors, the
majority of the Debtors' lessees are helicopter service providers
servicing the offshore oil and gas industry.  The company is
headquartered in Limerick, Ireland.

Waypoint Leasing Holdings Ltd. and 142 affiliates sought Chapter 11
protection (Bankr. S.D.N.Y. Lead Case No. 18-13648) on Nov. 25,
2018 to facilitate the sale of the assets to a new owner.  

The Debtors disclosed $1.62 billion in total assets and $1.23
billion in liabilities as of Oct. 31, 2018.

The Honorable Stuart M. Bernstein is the case judge.

The Debtors tapped Weil, Gotshal & Manges LLP as counsel; Houlihan
Lokey Capital, Inc. as investment banker; FTI Consulting, Inc. as
financial advisor; Accenture LLP as corporate advisor; and Kurtzman
Carson Consultants LLC as claims and administrative agent.


[*] S&P Puts Ratings on 7 Prison Project Bond Issuers on Watch Neg.
-------------------------------------------------------------------
S&P Global Ratings placed its ratings on seven federal prison
project revenue bond issuers on CreditWatch with negative
implications due to information quality considerations. The issuers
and ratings affected are as follows:

-- Fannin County Public Facility Corp., Texas (BB);
-- Grady County Criminal Justice Authority, Okla. (BB+);
-- Willacy County Public Facility Corp., Texas (BB+);
-- La Paz County Industrial Development Authority, Ariz. (BB);
-- Hudspeth County, Texas/ West Texas Detention Facilities Corp.
(BB);
-- Reeves County (Law Enforcement Center Trust), Texas (CCC+);
and
-- Garza County Public Facilities Corp., Texas (B).

S&P said, "These issuers include seven of the 10 issuers within our
federal prison revenue bond portfolio. A significant driver of
rating actions in the federal prison sector has been changes in
federal policies or material operating issues. Therefore, we have
increasingly come to view ongoing direct access to the major
parties engaged in the federal contracts and operating agreements,
including the federal agency under contract (Immigration and
Customs Enforcement, the Bureau of Prisons, or U.S. Marshals
Service), the operator, and an issuer representative as key
components in our assessment of this sector's credit quality.

"In U.S. public finance, we generally expect to receive information
we have requested within three months of the initial query. For the
seven issuers we have placed on CreditWatch, we view the limited
and/or incomplete access we've received from these parties to be a
deviation from an expected credit trend, and we believe that
additional information is necessary to evaluate the current
ratings.

"In future, to maintain a rating in this sector we will need to
speak with the federal agency that appropriates the funding at
least annually, the operator who runs the facility at least
quarterly, and the issuer that supports the transaction at least
annually. Within our existing portfolio of federal prison issuers,
there are five operators and three federal agencies that are
parties to the contracts. We have made repeated attempts to have
direct, regular communication with these federal entities and
operators, but despite our best efforts we have been unable to
communicate with two of the three federal agencies and three of the
five operators. In our view, the inability to obtain information
directly from the federal agencies and operators can negatively
affect our ability to apply proper due diligence to these issuers
and prohibits us from adequately reflecting this in our ratings.

"Limited or incomplete access the federal entities limits our
ability to reflect federal policy changes in our ratings and report
on programmatic or appropriations-related risks within the sector.
While the federal budget is accessible via publicly available
sources, we have very little insight into important aspects of
federal policy that have been key drivers of rating changes in the
past two-year period. Furthermore, without access to the prison
operators we cannot analyze operational issues that might influence
the facilities or their compliance with state and federal
regulations.

"Failure to receive the requested information within 30 days will
likely result in our withdrawal of the affected rating, preceded,
in accordance with our policies, by any change to the rating that
we consider appropriate given available information. However, if we
receive information that we consider sufficient and of satisfactory
quality, we will conduct a full review and take a rating action
within 90 days of the CreditWatch placement."




                            *********

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

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

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

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

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

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

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

                            *********

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

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

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

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
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                   *** End of Transmission ***