/raid1/www/Hosts/bankrupt/TCR_Public/190725.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Thursday, July 25, 2019, Vol. 23, No. 205

                            Headlines

1 GLOBAL CAPITAL: Sarah Foster Objects to Disclosure Statement
15005 NW CORNELL: Hires Motschenbacher & Blattner as Counsel
160 ROYAL PALM: KK-PB Objects to Disclosure Statement
219 SAGG MAIN: Seeks to Hire Shafferman & Feldman as Legal Counsel
3175-77 VILLA AVENUE: Voluntary Chapter 11 Case Summary

ALLIANCE FOR COLLEGE-READY: Fitch Cuts $20MM School Bonds to 'B+'
ALPHATEC HOLDINGS: Reports Second Quarter 2019 Financial Results
AMADUES DEVELOPMENT: Seeks to Hire McNamee Hosea as Legal Counsel
AMYRIS INC: Agrees to Extend Note Maturity to August 28
ASSOCIATED ORAL: Unsecureds to Get $162K in Bi-Annual Payments

BEYOND SERVICE: Seeks to Hire Schneider & Stone as Legal Counsel
BIOSCRIP INC: Update Regarding Litigation Related to Planned Merger
BLACKHAWK MINING: Richards, Davis Represent Crossover Group
BLUCORA INC: S&P Affirms 'BB' Issuer Credit Rating; Outlook Stable
BODY CONTOUR: Sept. 6 Plan Confirmation Hearing

C.T.W. REALTY: Hires Joseph J. Gormley as Accountant
CAMBRIAN HOLDING: Hires Ordinary Course Professionals
CAPITAL RIVER: Hires Dockside Realty as Real Estate Broker
CENTERSTONE LINEN: Committee Hires Montgomery as Counsel
CFO MANAGEMENT: Ch. 11 Trustee Hires LaGesse as Auctioneer

CIAOBABYONMAIN LLC: Taps Golding Law Offices as Legal Counsel
CLAIMS RECOVERY: Seeks to Hire Oak Tree Law as Counsel
CLAROS MORTGAGE: Moody's Assigns Ba3 CFR, Outlook Stable
CLINTON NURSERIES: Hires Cole Scott as Special Counsel
COBALT COAL: Steinman Objects to Disclosure Statement

CRUISING GUIDE: Aug. 29 Plan Confirmation Hearing
CYTORI THERAPEUTICS: Gets Contract Suspension Order from HHS/BARDA
DAVITA INC: S&P Alters Outlook to Negative, Affirms 'BB' ICR
DDS 2019: Court Confirms Chapter 11 Plan
DECO-DENCE LLC: Seeks to Hire DeMarco Mitchell as Counsel

DWS CLOTHING: Delays Plan Filing Until Lease Negotiations Concluded
EMPLOYBRIDGE HOLDING: S&P Upgrades ICR to 'B'; Outlook Stable
EOR HOLDING: Seeks to Hire Ehrhard & Associates as Counsel
FARROW GROUP: KEO Objects to Plan Confirmation
FITNESS WORLD: Seeks to Hire DeMarco Mitchell Counsel

FUELCELL ENERGY: Board Adopts New Cash Incentive Plan
GALINDO CUSTOM: Seeks to Hire Potts Firm as Accountant
GLOBAL PARTNERS: S&P Rates New $400MM Senior Unsecured Notes 'B+'
GOLDEN-GLO CARPET: Aug. 28 Plan Confirmation Hearing
GREEN FIELDS: Taps DeConcini McDonald as Legal Counsel

HCA INC: Fitch Assigns BB+ Rating to $1.1BB Term Loan A-6 Due 2024
HOLLANDER SLEEP: TopOcean Objects to Disclosure Statement
IDEANOMICS INC: Will Acquire 34% Interest in Glory Connection
JAGUAR HEALTH: Closes $16.56 Million Underwritten Public Offering
JANUS INTERNATIONAL: S&P Affirms 'B' ICR on Revenue, EBITDA Growth

JBS USA: Moody's Rates Proposed $1B Unsecured 10-Yr. Notes 'Ba3'
JERRY TORRES: Taps Malaise Law Firm as New Legal Counsel
LUXURY LIMOUSINE: Fleetway Leasing Objects to Plan Confirmation
MARGIN HOLDINGS: Seeks to Hire Maciag Law as Legal Counsel
MARKET STREET: GT Secured Claim Amortized Over 360 Months at 5%

MEMORY CARE: Seeks to Hire Loeb & Loeb as Legal Counsel
MIAH INVESTMENTS: Property Rental to Fund Plan Payments
MICROVISION INC: May Issue Additional 3M Shares Under 2013 Plan
MICROVISION INC: Signs $2M Subscription Agreement with Investor
MOSDOS CHOFETZ: Unsecured Creditors to Recoup 5% Under Plan

NEOVASC INC: Regains Compliance with Nasdaq Minimum Bid Price Rule
NULEAN INC: Has Until July 29 to Exclusively File Chapter 11 Plan
OPEN ROAD: Aug. 21 Hearing on Disclosure Statement
OUTLOOK THERAPEUTICS: Joerg Windisch Quits as Director
PALM HEALTHCARE: Selling Interloc-MRE Properties for $2.3M

PES HOLDINGS: Files for Bankruptcy, Has $100MM Funding
PES HOLDINGS: Moody's Lowers Prob. of Default Rating to D-PD
PES HOLDINGS: Returns to Chapter 11 After June Explosion
PROTEA BIOSCIENCES: Oct. 11 Hearing on Disclosure Statement
QUOTIENT LIMITED: Grants 28,517 Stock Options to CEO

RICHARDSON ACQUISITIONS: Taps Steinberg Shapiro as Legal Counsel
S.T.A.P. INDUSTRIES: $647K Sale of Louisville Properties Approved
S2P ACQUISITION: Moody's Assigns B3 CFR & Rates New Sec. Loans B2
SAN DIEGO UNIFIED: Seeks to Hire Kit J. Gardner as Legal Counsel
SCHRAD LTD: Taps Michael J. O'Connor as Legal Counsel

SHORT ENVIRONMENTAL: Sept. 5 Plan Confirmation Hearing
SPI ENERGY: Signs Framework Agreement to Acquire Solar Projects
STEARNS HOLDINGS: Aug. 22 Hearing on Disclosure Statement
STRATIS CORP: Gets Court Approval to Hire Accountant
SUNESIS PHARMACEUTICALS: RTW Investments Reports 6.9% Equity Stake

TARGET CANADA: Final Distribution Under Second Amended Plan
TECHNICAL COMMUNICATIONS: Appeals Nasdaq Delisting Determination
THERMASTEEL INC: U.S. Trustee Objects to Disclosure Statement
TRIUMPH ENERGY: Sept. 16 Hearing on Disclosure Statement
TWIFORD ENTERPRISES: $115K Sale of Property to Twiford Okayed

US STEEL: Fitch Affirms BB- LT IDR & Alters Outlook to Stable
WAYPOINT LEASING: $3.6M Sale of H225 Helicopter to Agrarflug Okaye
WESTWIND MANOR: $1M Sale of Rio Vista Golf Club to Warrior Approved
WP CITYMD BIDCO: Moody's Raises CFR to B2, Outlook Stable
[^] Recent Small-Dollar & Individual Chapter 11 Filings


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1 GLOBAL CAPITAL: Sarah Foster Objects to Disclosure Statement
--------------------------------------------------------------
Sarah Foster, a creditor, objects to the approval of the Disclosure
Statement explaining the Chapter 11 plan of liquidation of 1 Global
Capital, LLC, and asks the Court to convert the Debtor's bankruptcy
case from Chapter 11 to Chapter 7.

The Creditor asserts that the Disclosure Statement describes zero
experience by any of The Four -- consisting of four of the seven
committee members -- serving as fiduciaries, managing professionals
or fiduciaries, or overseeing/prosecuting/compromising complex
litigation claims.

According to the Creditor, the Plan fails to make the simple
disclosure how James S. Cassel will be compensated and
victim/creditors presumably will never know since he need not file
fee applications.

The Creditor points out that the Disclosure Statement should
disclose if The Four will share valuable, confidential, non-public
the Debtors' work product information they learn in their fiduciary
capacities with their personal litigation counsel to advance the
personal claims they will pursue.

The Creditor further points out that the Disclosure Statement
should disclose if The Four will attend mediations by the Debtors
with their common litigation targets and use that as an opportunity
to negotiate separate compensation for themselves for their own
personal claims: all while they "oversee" Mr. Cassel.

The Creditor complains that the Plan and Disclosure Statement have
failed to make adequate disclosures to parties in interest.

Attorneys for Creditor, Sarah Foster:

     Michael S. Budwick, Esq.
     Solomon B. Genet, Esq.
     MELAND RUSSIN & BUDWICK, P.A.
     3200 Southeast Financial Center
     200 South Biscayne Boulevard
     Miami, Florida 33131
     Telephone: (305) 358-6363
     Facsimile: (305) 358-1221
     Email: mbudwick@melandrussin.com
            sgenet@melandrussin.com

        -- and --

     Adam M. Moskowitz, Esq.
     Adam A. Schwartzbaum, Esq.
     THE MOSKOWITZ LAW FIRM, PLLC
     2 Alhambra Plaza, Suite 601
     Coral Gables, FL 33134
     Telephone: (305) 740-1423
     Facsimile: (786) 298-5737
     Email: adam@moskowitz-law.com
            adams@moskowitz-law.com

                       About 1 Global Capital

1 Global Capital, LLC -- https://1stglobalcapital.com/ -- is a
direct small business funder offering an array of flexible funding
solutions, specializing in unsecured business funding and merchant
cash advances.

1 Global Capital LLC, based in Hallandale Beach, Fla., and its
debtor-affiliates sought Chapter 11 protection (Bankr. S.D. Fla.
Lead Case No. 18-19121) on July 27, 2018.  In the petition signed
by Steven A. Schwartz and Darice Lang, authorized signatories, 1st
Global Capital estimated $100 million to $500 million in assets and
liabilities as of the bankruptcy filing.  

The Hon. Raymond B. Ray oversees the cases.  

Greenberg Traurig LLP, led by Paul J. Keenan Jr., Esq., serves as
bankruptcy counsel; and Epiq Corporate Restructuring, LLC, as
claims and noticing agent.

The U.S. Trustee for Region 21 appointed an official committee of
unsecured creditors on Sept. 7, 2018. The committee tapped
Stichter, Riedel, Blain & Postler, P.A. as its legal counsel;
Conway MacKenzie, Inc., as financial advisor, along with Dundon
Advisers, LLC, as co-financial advisor.


15005 NW CORNELL: Hires Motschenbacher & Blattner as Counsel
------------------------------------------------------------
15005 NW Cornell LLC, and its debtor-affiliates seek authority from
the U.S. Bankruptcy Court for the District of Oregon to employ
Motschenbacher & Blattner LLP, as counsel to the Debtor.

15005 NW Cornell requires Motschenbacher & Blattner to:

   (a) consult with the Debtors concerning the administration of
       the case;

   (b) advise the Debtors with regard to their rights, powers and
       duties as a debtor-in-possession;

   (c) investigate and, if appropriate, prosecute on behalf of
       the estate claims and causes of action belonging to the
       estate;

   (d) advise the Debtors concerning alternatives for
       restructuring his debts and financial affairs pursuant to
       a plan or, if appropriate, liquidating their assets; and

   (e) prepare the bankruptcy schedules, statements and lists
       required to be filed by the Debtors under the Bankruptcy
       Code and applicable procedural rules.

Motschenbacher & Blattner will be paid at these hourly rates:

        Partners           $400 to $425
        Associates         $315 to $335
        Paralegals          $85 to $150

Motschenbacher & Blattner will be paid a retainer in the amount of
$10,000.

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

Nicholas J. Henderson, a partner at Motschenbacher & Blattner,
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.

Motschenbacher & Blattner can be reached at:

         Nicholas J. Henderson, Esq.
         MOTSCHENBACHER & BLATTNER, LLP
         117 SW Taylor St., Suite 300
         Portland, OR 97204
         Telephone: (503) 417-0508
         Facsimile: (503) 417-0528
         E-mail: nhenderson@portlaw.com

                     About 15005 NW Cornell

15005 NW Cornell LLC and its owner Vahan Megar Dinihanian, Jr.,
sought Chapter 11 protection (Bankr. D. Ore. Case Nos. 19-31883 and
19-31886) on May 21, 2019.

Vahan Megar Dinihanian Jr. is an individual who owns and operates
multiple business entities,including several entities that own and
lease commercial real estate, a floral products business,and
entities that provide engineering and consulting services.

15005 NW Cornell LLC, based in Beaverton, OR, estimated $10 million
to $50 million in assets and $1 million to $10 million in
liabilities.  

The Hon. Trish M. Brown oversees the cases.

15005 NW Cornell tapped Douglas Pahl, a partner of Perkins Coie
LLP, as bankruptcy counsel.  Motschenbacher & Blattner LLP is
Dinihanian's general bankruptcy counsel.


160 ROYAL PALM: KK-PB Objects to Disclosure Statement
-----------------------------------------------------
KK-PB Financial, LLC, objects to the Disclosure Statement for the
Chapter 11 Plan of Liquidation proposed by 160 Royal Palm, LLC.

KK-PB asserts that the Debtor currently has no funds for a
liquidating plan, and the Plan may be unraveled by the Debtor's
loss in either one of the two appeals currently pending, it is
premature for the Debtor to move forward with the Plan confirmation
process at this time.

KK-PB complains that the Debtor does not disclose the amount of
sale proceeds it intends to allocate to the Disputed Claims Fund.

According to KK-PB, the Debtor's omission fails to provide
creditors with the information they need regarding the additional
risks created by the Post-Closing Agreement and the ongoing Sale
Appeal, especially since not all creditors are familiar with the
appeal.

KK-PB points out that the Debtor needs to disclose that its
exclusive right to solicit votes on the Plan expired on June 29,
2019, and consequently there is risk that a party in interest may
file a competing plan.

KK-PB further points out that the Debtor did not obtain acceptance
of the Plan before its exclusive period to solicit acceptance of
the Plan expired on June 29, 2019.

Counsel for KK-PB Financial, LLC:

     James N. Robinson, Esq.
     John K. Cunningham, Esq.
     Fan B. He, Esq.
     WHITE & CASE LLP         
     Southeast Financial Center, Suite 4900
     200 South Biscayne Boulevard
     Miami, Florida 33131-2352
     Telephone: (305) 371-2700
     Facsimile: (305) 358-5744

                   About 160 Royal Palm

160 Royal Palm, LLC is a Florida limited liability company, which
owns prime real property consisting of a partially constructed
hotel/condominium located at 160 Royal Palm Way, Palm Beach,
Florida.  The property is under state court receivership.

160 Royal Palm filed a voluntary petition for relief under chapter
11 of the United States Bankruptcy Code (Bankr. S.D. Fla. Case No.
18-19441) on Aug. 2, 2018.  In the petition signed by Cary
Glickstein, sole and exclusive manager, the Debtor disclosed
$16,447,759 in total assets and $114,926,976 in total liabilities.

The case has been assigned to Judge Erik P. Kimball.  

The Debtor tapped Philip J. Landau, Esq., at Shraiberg, Landau &
Page, P.A., as its counsel; and Greenberg Traurig, P.A. as its
special counsel and title agent.  

No official committee of unsecured creditors has been appointed in
the Debtor's case.


219 SAGG MAIN: Seeks to Hire Shafferman & Feldman as Legal Counsel
------------------------------------------------------------------
219 Sagg Main LLC seeks approval from the U.S. Bankruptcy Court for
the Southern District of New York to hire Shafferman & Feldman LLP
as its legal counsel.

The firm will provide services in connection with the Debtor's
Chapter 11 case, which include  legal advice regarding its powers
and duties under the Bankruptcy Code; negotiation with creditors;
and the preparation of a reorganization plan.

Joel Shafferman, Esq., the firm's attorney who will be handling the
case, charges an hourly fee of $400.  

The firm received retainer fees in the total amount of $10,000,
plus $1,717 for the filing fee.

Mr. Shafferman disclosed in court filings that he and his firm are
"disinterested" as defined in Section 101(14) of the Bankruptcy
Code.

Shafferman & Feldman can be reached through:

     Joel Shafferman, Esq.
     Shafferman & Feldman LLP
     137 Fifth Avenue, 9th Floor
     New York, NY 10010
     Tel: (212) 509-1802
     Fax: 212 509-1831
     Email: joel@shafeldlaw.com

                    About 219 Sagg Main LLC

219 Sagg Main LLC owns a real property located at 219 Sagaponack
Main Street, Sagaponack, New York.  219 Sagg Main sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y. Case No.
19-11444) on May 3, 2019.  The case was eventually transferred from
the Manhattan divisional office to the White Plains divisional
office and was assigned a new case number (Case No. 19-20004).  At
the time of the filing, the Debtor estimated assets of less than
$50,000 and liabilities of between $1 million and $10 million.  The
case is assigned to Judge Robert D. Drain.  Shafferman & Feldman
LLP is the Debtor's legal counsel.


3175-77 VILLA AVENUE: Voluntary Chapter 11 Case Summary
-------------------------------------------------------
Debtor: 3175-77 Villa Avenue Housing Development Fund Corporation
           aka 3175-77 Villa Ave, HDFC
        3177 Villa Ave # 4F
        Bronx, NY 10468

Business Description: 3175-77 Villa Avenue Housing Development
                      Fund Corporation classifies its business as
                      Single Asset Real Estate (as defined in 11
                      U.S.C. Section 101(51B)).

Chapter 11 Petition Date: July 23, 2019

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

Case No.: 19-12359

Judge: Hon. James L. Garrity Jr.

Debtor's Counsel: Charles A. Higgs, Esq.
                  LAW OFFICE OF CHARLES A. HIGGS
                  115 E. 23rd Street, Ste 3rd FL
                  New York, NY 10010
                  Tel: 917-673-3768
                  E-mail: Charles@Freshstartesq.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Albert De La Cruz, secretary of the
Board of Directors.

The Debtor did not file a list of its 20 largest unsecured
creditors together with the petition.

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

            http://bankrupt.com/misc/nysb19-12359.pdf


ALLIANCE FOR COLLEGE-READY: Fitch Cuts $20MM School Bonds to 'B+'
-----------------------------------------------------------------
Fitch Ratings has downgraded the following revenue bonds issued by
the California Statewide Communities Development Authority on
behalf of Alliance for College-Ready Public Schools, CA to 'B+'
from 'BBB-':

  -- $20,755,000 school facility revenue bonds, series 2011A.

The Rating Outlook is revised to Stable from Negative.

SECURITY

The bonds are payable from lease payments made by three
Alliance-managed charter schools (Ouchi High School, Skirball
Middle School and O'Donovan Middle Academy, together the financed
schools) and secured by an assignment of rents and deed of trust
over the schools' facilities. Lease payments constitute a joint and
several obligation payable from the schools' gross revenues.

Additional bondholder protections include a cash-funded debt
service reserve sized to maximum annual debt service (MADS).

ANALYTICAL CONCLUSION

The downgrade to 'B+' is due to the application of Fitch's revised
'U.S. Public Finance Charter School Rating Criteria,' published on
Jan. 18, 2019. The 'BBB-'/Negative rating was placed Under Criteria
Observation after publication of the revised criteria, which place
increased focus on leverage relative to revenue defensibility and
operating risk. The schools have midrange revenue defensibility
characteristics and ability to control expenditures, but elevated
leverage metrics, including debt and a Fitch-estimated net pension
liability, weigh on the rating.

KEY RATING DRIVERS

Revenue Defensibility -- Midrange: The midrange revenue
defensibility is supported by the financed schools' comparable
academics to district schools, stable enrollment, and solid
waitlists.

Operating Risk -- Midrange: Fitch believes the schools have
midrange flexibility to vary cost with enrollment shifts and
considers the carrying costs for debt service and pension
contributions to be to be moderate at both the individual school
and consolidated level.

Financial Profile -- 'b': On a consolidated basis, the financed
schools' leverage metrics, including both debt and Fitch's estimate
of the schools' share of the net pension liability, are expected to
remain elevated.

RATING SENSITIVITIES

CHANGE IN FINANCIAL PERFORMANCE: Sustained improvement in operating
margins from recent weak levels could reduce the liability burden
and create upward rating pressure. Continued minimal operating
margins would put downward pressure on the rating.

STATE FUNDING PRESSURES: Fitch believes a reduction in state
per-pupil funding is likely in a recession. If such a reduction is
beyond Fitch's expectations or is not met with counteracting
measures by the schools' to maintain a margin of financial safety,
the rating could be downgraded further.

ACADEMIC/ENROLLMENT TRENDS: Meaningful weakening of academic
performance or enrollment trends could lead to concerns about
charter renewal and the ability of the schools' to continue
operations and a further rating downgrade.

CREDIT PROFILE

Alliance for College-Ready Public Schools is a charter management
organization which operates charters in Los Angeles including
Skirball Middle School, Ouchi High School, and O'Donovan Middle
Academy. O'Donovan, the newest of the three schools (opened in
2008), was merged into Ouchi in the 2013-2014 school year to form a
continuous 6-12 program on the two schools' shared campus. As a
result, Ouchi's charter was revised to incorporate both schools and
is now referred to as the Ouchi-O'Donovan 6-12 Complex. The
Ouchi-O'Donovan 6-12 Complex's charter was renewed for a five-year
term ending in 2024. Skirball Middle School is in the third year of
its five-year charter, which ends June 30th 2021.

Revenue Defensibility

The schools' midrange revenue defensibility is supported by their
healthy demand flexibility evidenced by satisfactory wait lists,
stable enrollment at or close to capacity, and academic performance
above that of other area schools and generally in line with the Los
Angeles Unified School District, the schools' charter authorizer.
Typical of the charter school sector, revenue defensibility is
limited by the inability to control pricing as the schools' main
revenue source is derived from per pupil revenue from the state.

Alliance has solid academic results that drive sound demand and
enrollment. In the 2018 school year, the percentage of students at
Skirball Middle School meeting or exceeding the state standard on
assessment tests in English Language Arts and Math exceeded the
results of both the district and neighboring schools. For
Ouchi-O'Donovan, results in the middle school trailed both district
and state levels while results from the high school grade levels
exceeded both the district and the state. The schools are close to
fully enrolled with a combined total of 1,450 students as of each
school's midyear 2019 budget update. At that time, Skirball and
Ouchi-O'Donovan had a waitlist of 90 and 300, respectively,
equaling approximately 20% and 30% of enrollment. Both schools have
experienced relative enrollment stability over recent years.

Fitch expects per-pupil funding to grow at a rate above inflation
but below GDP growth, in line with other California schools with
stable enrollment that are funded under the LCFF.

Operating Risk

Fitch considers the schools' operating risk profile to be midrange
considering their moderate fixed carrying costs and flexibility to
control other expenditures. The schools have well-identified cost
drivers (largely teacher salaries and fringe benefits) that have
some potential volatility.

Management's legal control of labor costs including headcount is
strong, aided by a lack of multi-year contractual agreements and
collective bargaining. However, the schools are limited in their
ability to reduce teacher headcount, since doing so would impair
the schools' academic performance, potentially reducing student
demand. Management's ability to freeze or reduce costs including
salaries in a recessionary period contributes to the midrange
operating risk assessment. The schools' combined fixed costs for
debt service (MADS) and pension contributions are moderate at
approximately 15% of expenditures. The district participates in two
state-funded pension systems, the California State Teachers
Retirement System (CalSTRS) and the School Employer Pool under the
California Public Employees Retirement System CalPERS, both of
which are mandating increasing employer contributions over the next
few years to improve their funded ratio. Fitch expects carrying
costs to increase modestly given expectations for increasing
pension contributions.

Financial Profile

The financed schools' leverage is consistent with a 'b'
assessment.

The 'b' financial profile assessment is limited by its weak
operating margin and elevated leverage, including the schools' net
pension liability. Margins were exceptionally weak in fiscal 2017
and 2018, which management attributes to elevated costs for
information technology and special education. Skirball is expecting
breakeven results for fiscal 2019 while Ouchi-O'Donovan is expected
to record a comfortable operating surplus. Fitch's base case
reflects continued thin operating margins.

Fitch-calculated net debt (including estimated net pension
liabilities) to cash flow available for debt service (CFADS) has
increased from approximately 9x to 17x over the past five years,
reflecting an increase in the net pension liability as well as the
declining operating margins over the period. The Fitch-estimated
net pension liability for the financed schools is roughly equal to
the schools' debt outstanding.

The financed schools participate in two statewide pension plans,
Both CalSTRS and CalPERS have significant net pension liabilities.
The Fitch-adjusted ratio of assets to liabilities on an accounting
basis for CalSTRS was 62% as of June 30, 2018. Fitch allocated a
portion of the liability to the schools based on the schools'
annual contributions relative to the total for each plan.

Fitch's base case assumes growth in both revenues and expenditures
at a rate around inflation. In this scenario, the schools' net debt
to CFADS declines marginally to approximately 16.5x over the next
three years as modest excess cash flow builds cash balances and
reduces net debt. Fitch expects the financed schools' leverage to
remain elevated given the long and back-loaded principal
amortization schedule and expectation of increasing pension
liabilities in both CalPERS and CalSTRS.

Given the very thin operating margins, Fitch does not believe the
rating case provides additional insight into credit quality. The
schools' margin of safety includes its satisfactory liquidity
cushion, at more than 50% of annual operating expenses, and the
potential ability to request a waiver of the management fee to
Alliance, the schools' management organization. The midrange
operating risk assumes there is at least some ability to reduce
spending without compromising enrollment and the attendant revenue.


ALPHATEC HOLDINGS: Reports Second Quarter 2019 Financial Results
----------------------------------------------------------------
Alphatec Holdings, Inc., announced financial results for the
quarter ended June 30, 2019, and recent corporate highlights.

Second Quarter 2019 Financial Highlights

   * Total net revenue of $27.3 million; U.S. revenue of $26.1
     million, up approximately 28% compared to the second quarter
     of 2018;

   * U.S. gross margin of 72.2%; and

   * Cash and cash equivalents of $18.6 million as of June 30,
     2019.

Second Quarter-to-Date Commercial, Product, and Organizational
Highlights

   * Enhanced clinical distinction of portfolio with four new
     commercial releases: the IdentiTiTM TLIF system, the
     IdentiTi ALIF system, the InVictusTM MIS Fixation System and
     the InVictus Open Fixation System;
  
   * Increased contribution from new products to 32% of Q2 2019
     U.S. revenue;

   * Expanded percentage of revenue driven by strategic
     distribution network to 88% of U.S. revenue in Q2 2019
     compared to 80% in Q2 2018; and

   * Increased U.S. revenue per distributor by more than 45% and
     increased U.S. revenue per case by 15% in Q2 2019 compared
     to Q2 2018.

"Through the first half of 2019, execution against our strategic
commitments has been solid," said Pat Miles, chairman and chief
executive officer.  "That execution drove the highest rate of
quarterly U.S. revenue growth this company has achieved in the past
10 years.  Based upon our performance in the first half of 2019 we
are increasing full-year revenue guidance, which speaks to the
impact of spine's new Organic Innovation Machine.  We are just
getting started."

For the three months ended June 30, 2019, Alphatec reported a net
loss of $12.43 million compared with a net loss of $7.07 million
for the three months ended June 30, 2018.

For the six months ended June 30, 2019, the Company reported a net
loss of $25.40 million on $51.87 million of total revenues compared
with a net loss of $8.99 million on $43.34 million of total
revenues for the same period during the prior year.

As of June 30, 2019, the Company had $133.43 million in total
assets, $31 million in total current liabilities, $64.66 million in
total long-term liabilities, $23.60 million in redeemable preferred
stock, and $14.16 million in stockholders' equity.

Revenue from U.S. products for the second quarter 2019 was $26.1
million, up 28% compared to $20.4 million in the second quarter
2018.  Revenue growth generated by new product momentum and the
strategic distribution channel is increasingly outpacing the
continued revenue impacts of transitioning or discontinuing
non-strategic distributor relationships.

Gross profit and gross margin from U.S. products for the second
quarter 2019 were $18.8 million and 72.2%, respectively, compared
to $15.5 million and 75.8%, respectively, for the second quarter
2018.  U.S. gross margin was impacted by increased non-cash excess
and obsolete write-offs related to legacy products.  On a non-GAAP
basis, excluding non-cash excess and obsolete charges, U.S. gross
margin was 80.6% in the second quarter of 2019, up from 77.5% in
the second quarter of 2018.

Total operating expenses for the second quarter 2019 were $29.3
million compared to $22.1 million in the second quarter 2018.  On a
non-GAAP basis, excluding restructuring charges, stock-based
compensation, transaction-related expenses, litigation-related
expenses, restructuring and fair value adjustments, total operating
expenses in the second quarter 2019 increased to $25.8 million from
$18.5 million in 2018, reflecting increased investments in organic
product development to support new product launches and increased
selling costs from U.S. revenue growth.

Non-GAAP operating loss which excludes restructuring charges,
stock-based compensation, transaction-related expenses,
litigation-related expenses, restructuring, fair value adjustments
and excess and obsolescence charges, was $4.7 million for the
second quarter 2019, compared to a loss of $2.6 million for the
second quarter 2018.

Current and long-term debt includes $45.0 million in term debt and
$10.7 million outstanding under the Company's revolving credit
facility at June 30, 2019, with cash and cash equivalents of $18.6
million.  In March 2019, the Company closed its expanded credit
facility with Squadron Medical Finance Solutions, providing for up
to $30 million in additional financing, as needed.  During the
second quarter 2019, the Company drew $10 million against the
credit facility.

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

                       https://is.gd/XMXUqB

                     About Alphatec Holdings

Carlsbad, California-based Alphatec Holdings, Inc., through its
wholly-owned subsidiaries, Alphatec Spine, Inc. and SafeOp
Surgical, Inc., is a provider of innovative spine surgery solutions
dedicated to revolutionizing the approach to spine surgery.  ATEC
designs, develops and markets spinal fusion technology products and
solutions for the treatment of spinal disorders associated with
disease and degeneration, congenital deformities and trauma.  The
Company markets its products in the U.S. via independent sales
agents and a direct sales force.

Alphatec reported a net loss attributable to common shareholders of
$42.46 million for the year ended Dec. 31, 2018, compared to a net
loss attributable to common shareholders of $2.29 million for the
year ended Dec. 31, 2017.  As of March 31, 2019, Aphatec had
$119.41 million in total assets, $27.62 million in total current
liabilities, $42.55 million in long-term debt, $1.77 million in
operating lease liability, $14.60 million in other long-term
liabilities, $23.60 million in redeemable preferred stock, and
total stockholders' equity of $9.25 million.

"We have incurred significant net losses since inception and relied
on our ability to fund our operations through revenues from the
sale of our products, debt financings and equity financings,
including our private placement in March 2018 ("2018 Private
Placement").  As we have incurred losses, a successful transition
to profitability is dependent upon achieving a level of revenues
adequate to support our cost structure.  This may not occur and,
unless and until it does, we will continue to need to raise
additional capital.  At December 31, 2018, our principal sources of
liquidity consisted of cash of $29.1 million and accounts
receivable (net) of $15.1 million.  We believe that our current
available cash, combined with the availability of our expanded
credit facility with Squadron Capital ... and draws on our
revolving credit facility, will be sufficient to fund our planned
expenditures and meet our obligations for at least 12 months
following our financial statement issuance date," the Company said
in its 2018 Annual Report.


AMADUES DEVELOPMENT: Seeks to Hire McNamee Hosea as Legal Counsel
-----------------------------------------------------------------
Amadues Development LLC seeks approval from the U.S. Bankruptcy
Court for the District of Maryland to hire McNamee, Hosea,
Jernigan, Kim, Greenan & Lynch, P.A., as its legal counsel.

The firm will provide services in connection with the Debtor's
Chapter 11 case, which include legal advice regarding its powers
and duties under the Bankruptcy Code, and the preparation and
implementation of a bankruptcy plan.

Janet Nesse, Esq., and Justin Fasano, Esq., the firm's attorneys
who will be handling the case, will charge $500 per hour and $350
per houre, respectively.

Ms. Nesse disclosed in court filings that she and other attorneys
of the firm do not represent any interest adverse to the Debtor and
its bankruptcy estate.

McNamee Hosea can be reached through:

     Janet M. Nesse, Esq.
     Justin P. Fasano, Esq.
     McNamee, Hosea, Jernigan, Kim, Greenan & Lynch, P.A.      
     6411 Ivy Lane, Suite 200      
     Greenbelt, MD 20770      
     Phone: (301) 441-2420      
     Email: jnesse@mhlawyers.com      
            jfasano@mhlawyers.com

                     About Amadues Development

Amadues Development LLC is a privately held company in the
residential building construction business.  Amadues Development
sought protection under Chapter 11 of the Bankruptcy Code (Bankr.
D. Md. Case No. 19-19515) on July 15, 2019.  At the time of the
filing, the Debtor disclosed $2,094,200 in assets and $1,456,864 in
liabilities.  The case is assigned to Judge Thomas J. Catliota.
McNamee, Hosea, Jernigan, Kim, Greenan & Lynch, P.A., is the
Debtor's legal counsel.


AMYRIS INC: Agrees to Extend Note Maturity to August 28
-------------------------------------------------------
Effective July 18, 2019, Amyris, Inc. and Total Raffinage Chimie
S.A. agreed to (i) further extend the maturity date of a new senior
convertible note from July 18, 2019 to Aug. 28, 2019 and (ii)
increase the interest rate on the New Note from 6.50% per annum to
10.50% per annum, beginning July 18, 2019.

As previously reported, on May 15, 2019, Amyris entered into an
exchange agreement with Total, a commercial partner of the Company
and an owner of greater than five percent of the Company's
outstanding common stock, with the right to designate one member of
the Company's Board of Directors, pursuant to which Total agreed to
exchange its 6.50% Convertible Senior Notes due 2019 of the
Company, in the principal amount of $9.7 million, for a new senior
convertible note with an equal principal amount and with
substantially identical terms as the Exchange Note, except that the
maturity date of the New Note would be June 14, 2019, which
maturity date was subsequently extended, effective June 14, 2019,
to July 18, 2019.

                          About Amyris

Amyris, Inc., based in Emeryville, California, is an industrial
biotechnology company that applies its technology platform to
engineer, manufacture and sell natural, sustainably sourced
products into the health & wellness, clean skincare, and flavors &
fragrances markets.  The Company's proven technology platform
enables it to rapidly engineer microbes and use them as catalysts
to metabolize renewable, plant-sourced sugars into large volume,
high-value ingredients.  The Company's biotechnology platform and
industrial fermentation process replace existing complex and
expensive manufacturing processes.  The Company has successfully
used its technology to develop and produce five distinct molecules
at commercial volumes.

The report from the Company's independent accounting firm KPMG LLP,
the Company's auditor since 2017, 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 current debt service
requirements that raise substantial doubt about its ability to
continue as a going concern.

Amyris reported net losses attributable to the company of $72.32
million in 2017, $97.33 million in 2016, and $217.95 million in
2016.  As of Sept. 30, 2018, Amyris had $122.7 million in total
assets, $323.3 million in total liabilities, $5 million in
contingently redeemable common stock, and a total stockholders'
deficit of $205.6 million.


ASSOCIATED ORAL: Unsecureds to Get $162K in Bi-Annual Payments
--------------------------------------------------------------
Associated Oral Specialties, Inc., filed a Chapter 11 Plan and
accompanying Disclosure Statement proposing that holders of general
unsecured claims, classified in Class 7, will be paid a pro rata
share of $162,520.  The Debtor shall pay 16 bi-annual payments of
$4,063 beginning 6 months following the Effective Date. The Debtor
shall make a balloon payment of $97,512 on the October 1, 2027.

Class 1 (Citizens Bank) are impaired. The Debtor will make monthly
interest payments to Citizens Bank in the amount of $6,000 for
months one (1) through twelve (12). The Debtor's payments shall
increase to $8,467 for months thirteen (13) through ninety-five
(95) based upon a 15-year amortization period. The Debtor shall pay
a balloon payment of $686,585 on the 30th day following the 95th
month. The Secured Class 1 Claim is being paid at an annual
interest rate of 8.25% (fixed).

Class 2 (Dedicated Funding) are impaired. The Debtor will make
monthly interest payments to Dedicated Funding in the amount of
$703 for months one (1) through twenty-four (24). The Debtor's
payments shall increase to $1,726 for months twenty-five (25)
through ninety (95) based upon a 15-year amortization period. The
Debtor shall pay a balloon payment of $129,990.74 on the 30th day
following the 95th month. The Secured Class 2 Claim is being paid
at an annual interest rate of 5.25% (fixed).

Class 3 (High Speed Capital) are impaired. Upon information and
belief, High Speed Capital asserts a junior claim in Debtor's
accounts receivable. High Speed Capital has failed to file a UCC-1
Financing Statement evidencing its asserted secured claim.
Moreover, any security interest asserted by High Speed Capital is
junior in priority to the liens of the Class 1 and 2 Secured
Claimants. As a result, there is no equity for High Speed Capital's
secured claim to attach, and Debtor will treat High Speed Capital's
claim as an unsecured claim in Class 7.

Class 4 (Lendini) are impaired. Upon information and belief,
Lendini asserts a junior claim in Debtor's accounts receivable. Any
security interest asserted by Lendini is junior in priority to the
liens of the Class 1 and 2 Secured Claimants. As a result, there is
no equity for Lendini's secured claim to attach, and Debtor will
treat Lendini's claim as an unsecured claim in Class 7.

Class 5 (Fundworks) are impaired. Upon information and belief,
Fundworks asserts a junior claim in Debtor's accounts receivable.
Any security interest asserted by Fundworks is junior in priority
to the liens of the Class 1 and 2 Secured Claimants. As a result,
there is no equity for Fundworks's secured claim to attach, and
Debtor will treat Fundworks's claim as an unsecured claim in Class
7.

Class 6 (Pawnee Leasing) are impaired. The Debtor will treat Pawnee
Leasing's claim as fully secured. The Debtor will make monthly
interest payments to Pawnee Leasing in the amount of $333.00 for
months one (1) through twenty-four (24). The Debtor's payments
shall increase to $429.84 for months twenty-five (25) through
ninety (95) based upon a 15-year amortization period. The Debtor
shall pay a balloon payment of $59,042.29 on the 30th day following
the 95th month. The Secured Class 6 Claim is being paid at an
annual interest rate of 5.25% (fixed).

Cash flow from operations as well as new value contributions from
Milestone are projected to be sufficient to make all payments under
the plan. In the event additional funds are needed to make payments
under the plan, Freddie Wakefield will be available to make new
value contributions to the debtor. Historically Freddie Wakefield
has made equity contributions to the debtor.

A full-text copy of the Disclosure Statement dated July 17, 2019,
is available at https://tinyurl.com/y3rjukvn from PacerMonitor.com
at no charge.

              About Associated Oral Specialties

Associated Oral Specialties, Inc. --
https://associatedoralspecialties.com/ -- is a provider of
comprehensive oral specialty care in Atlanta, Georgia.
AssociatedOral offers CBCT scans, digital x-rays, root canal
(Endodontic) therapy, root canal (Endodontic) retreatment, root
canal surgery (Apicoectomy), cure for traumatic dental injuries,
incision and drainage, biopsy, implants, sedation dentistry,
preprosthetic surgery, alveoplasty, frenectomy, sleep apnea
treatment, bone grafting, and IV Conscious sedation services.  

Associated Oral Specialties filed a Chapter 11 petition (Bankr.
N.D. Ga. Case No. 19-50715) on Jan. 14, 2019.  In the petition
signed by Freddie J. Wakefield, Jr., chief executive officer, the
Debtor disclosed $249,928 in assets and $1,503,794 in debt.  The
Debtor tapped Will B. Geer, Esq. at Wiggam & Geer, LLC, as its
legal counsel.


BEYOND SERVICE: Seeks to Hire Schneider & Stone as Legal Counsel
----------------------------------------------------------------
Beyond Service Inc. seeks approval from the U.S. Bankruptcy Court
for the Northern District of Illinois to hire The Law Offices of
Schneider & Stone as its legal counsel.

The firm will provide services in connection with the Debtor's
Chapter 11 case, which include legal advice regarding its powers
and duties under the Bankruptcy Code and the preparation of a
bankruptcy plan.
  
Schneider & Stone charges $375 per hour for the services of its
attorneys.  The hourly fee for paralegal services is $175.

Ben Schneider, Esq., at Schneider & Stone, disclosed in court
filings that he and his firm are "disinterested" as defined in
Section 101(14) of the Bankruptcy Code.

Schneider & Stone can be reached through:

     Ben L. Schneider, Esq.
     The Law Offices of Schneider & Stone
     8424 Skokie Blvd., Suite 200
     Skokie, IL 60077
     Email: ben@windycitylawgroup.com

                     About Beyond Service Inc.

Beyond Service Inc. sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ill. Case No. 19-17650) on June 21,
2019.  At the time of the filing, the Debtor estimated assets of
less than $100,000 and liabilities of less than $500,000.  The case
is assigned to Judge Deborah L. Thorne.  The Law Offices of
Schneider & Stone is the Debtor's counsel.


BIOSCRIP INC: Update Regarding Litigation Related to Planned Merger
-------------------------------------------------------------------
As disclosed in the definitive proxy statement on Schedule 14A
filed by BioScrip, Inc. with the Securities and Exchange
Commission, on June 26, 2019, a lawsuit, captioned Schmidt v. Pate,
et al., was filed in the Court of Chancery of the State of Delaware
in connection with the proposed merger of HC Group Holdings II,
Inc., a Delaware corporation with and into a wholly-owned
subsidiary of BioScrip, with Option Care surviving the merger as a
wholly-owned subsidiary of BioScrip.

On July 9, 2019, the plaintiffs in Schmidt filed a motion for
expedited proceedings and on July 15, 2019, the Court of Chancery
of the State of Delaware granted the plaintiff's motion for
expedited proceedings.

On June 27, 2019, a putative class action lawsuit, captioned Lila
Brennan v. BioScrip, Inc. et al., was filed in connection with the
merger in the United States District Court for the District of
Colorado.  The complaint names BioScrip and the members of the
BioScrip Board as defendants.  The complaint alleges generally that
the defendants caused BioScrip to file a definitive proxy statement
relating to the merger that omits material information required to
have been disclosed in violation of Sections 14(a) and 20(a) of the
Exchange Act.  The complaint seeks, among other things, a
preliminary injunction prohibiting defendants from proceeding with,
consummating, or closing the transaction, damages, and costs
incurred in bringing the action (including plaintiff's attorneys'
and experts' fees).

       Supplemental Definitive Proxy Statement Disclosure

On June 26, 2019, BioScrip filed the Definitive Proxy Statement in
connection with the solicitation of proxies for a special meeting
of BioScrip's stockholders to be held on Aug. 2, 2019 where, among
other things, stockholders will vote on a proposal to issue shares
of BioScrip's common stock as consideration in the merger and
certain other matters in connection with the merger.  BioScrip is
electing to make supplemental disclosures in connection with the
merger to the Definitive Proxy Statement.

             Supplement to Definitive Proxy Statement

The section of the Definitive Proxy Statement entitled "The Mergers
- Background of the Mergers" is amended and supplemented as
follows:

The disclosure on page 66 of the Definitive Proxy Statement is
amended and supplemented by deleting the last full paragraph on
page 66 and replacing it with the following:

On March 13, 2019, Moelis provided the BioScrip Board with updated
disclosure on its relationships (if any) with the Ares Vehicles,
Coliseum Capital and Walgreens Boots Alliance, Inc. (an affiliate
of Option Care).  With respect to Coliseum Capital, Moelis noted
that it had not been engaged by (and had not received any fees
from) Coliseum Capital over the prior three years.  With respect to
the Ares Vehicles, the engagements disclosed in the Moelis
disclosure report indicated that Moelis had not been engaged
directly by the Ares Vehicles and had received no fees directly
from the Ares Vehicles.  Moelis had received aggregate fees over
the prior three-year period for engagements in which the Ares
Vehicles or its affiliates had an interest, including (a)
$17,078,000 pursuant to an in-court restructuring of a company of
which the Ares Vehicles were an approximate 50% owner, (b)
$7,144,000 pursuant to an out-of-court out of court restructuring
of a company of which the Ares Vehicles were less than a 25%
shareholder, (c) $2,850,000 and $4,739,000 pursuant to engagements
by ad hoc committees of noteholders of which the Ares Vehicles were
a member, (d) $4,522,000 pursuant to an engagement by an official
committee of unsecured creditors of which the Ares Vehicles were a
member, (e) $7,162,000 pursuant to sellside financial advisor
engagements to companies of which the Ares Vehicles owned less than
35% of the equity in such companies, (f) $7,456,000 pursuant to a
sellside financial advisor engagement to a company of which the
Ares Vehicles was a financial sponsor, (g) $450,000 pursuant to a
current engagement in connection with credit agreement amendments
of a company of which Ares has 50% ownership and (h) a current
verbal mandate as strategic financial advisor to a company of which
the Ares Vehicles are a 50% shareholder (pursuant to which no fees
had yet been earned).  Moelis indicated that the updated disclosure
report excluded previous assignments with companies or committees
in which the Ares Vehicles held less than 10% of the equity or
debt.  The updated disclosure further stated to the BioScrip Board
that Moelis's publicly reported revenues for 2018, 2017 and 2016
were $885,840,000, $684,615,000 and $613,373,000, respectively.
The BioScrip Board reaffirmed, based upon the information provided
by Moelis, that Moelis did not have any relationships that would be
likely to impair its ability to provide independent advice to the
BioScrip Board.

                      About BioScrip, Inc.

Headquartered in Denver, Colo., BioScrip, Inc. --
http://www.bioscrip.com/-- is an independent national provider of
infusion and home care management solutions, with approximately
2,100 teammates and nearly 70 service locations across the U.S.
BioScrip partners with physicians, hospital systems, payors,
pharmaceutical manufacturers and skilled nursing facilities to
provide patients access to post-acute care services.  BioScrip
operates with a commitment to bring customer-focused pharmacy and
related healthcare infusion therapy services into the home or
alternate-site setting.

BioScrip reported a net loss attributable to common stockholders of
$62.90 million in 2018, following a net loss attributable to common
stockholders of $74.27 million in 2017.  As of March 31, 2019,
Bioscrip had $597.19 million in total assets, $657.28 million in
total liabilities, $3.33 million in series A convertible preferred
stock, $92.9 million in series C convertible preferred stock, and a
total stockholders' deficit of $156.34 million.

                            *    *    *

In mid-May 2019, Moody's Investors Service upgraded the Corporate
Family Rating of BioScrip to 'B3' from 'Caa1'.  The upgrade
reflects the improvement in BioScrip's credit profile due to the
pending merger with HC Group Holdings III, Inc., d/b/a Option Care.


S&P Global Ratings in May 2019 said all of its ratings on BioScrip,
including the 'CCC+' issuer credit rating and issue level ratings,
remain on CreditWatch with positive implications until the close of
its all-stock merger with competitor HC Group Holdings III Inc.


BLACKHAWK MINING: Richards, Davis Represent Crossover Group
-----------------------------------------------------------
In the Chapter 11 cases of Blackhawk Mining, LLC Inc. et al., the
law firms Richards, Layton & Finger P.A. & Davis Polk & Wardwell
LLP submitted a verified statement to comply with Rule 2019 of the
Federal Rules of Bankruptcy Procedure with respect to Counsel’s
representation of the group formed by certain members that: (i)
provided loans under that certain First Lien Term Loan Credit
Agreement, dated as of February 17, 2017, (as amended, restated,
extended, supplemented or otherwise modified and in effect from
time to time) by and among Blackhawk, the Lenders party thereto
from time to time, and Jefferies Finance LLC, as Administrative;
(ii) provided loans under that certain Second Lien Term Loan Credit
Agreement, dated as of October 28, 2015 (as amended, restated,
extended, supplemented or otherwise modified and in effect from
time to time) by and among Blackhawk, the Lenders party thereto
from time to time, and Cortland Capital Market Services LLC, as
successor Administrative Agent; and (iii) hold certain equity
interests in Blackhawk.

The Members of the Ad Hoc Crossover Group, collectively,
beneficially own or manage approximately $323.65 million in
aggregate principal amount of the Prepetition First Lien Term Loan,
$291.21 million in aggregate principal amount of the Prepetition
Second Lien Term Loan, and 2,898.24 Class B units of Blackhawk.

As of July 15, 2019, the members of the Ad Hoc Crossover Group and
their disclosable economic interests are:

(1) Knighthead Capital Management, LLC
    1140 Sixth Avenue, 12th Floor
    New York, NY 10036

    * $84,718,910.00 in aggregate principal amount of the
      Prepetition First Lien Term Loan
    * $179,122,908.88 in aggregate principal amount of the
      Prepetition Second Lien Term Loan
    * 2,898.24 Class B units of Blackhawk

(2) Redwood Capital Management LLC
    910 Sylvan Avenue
    Englewood Cliffs, NJ 07632

    * $73,057,198.00 in aggregate principal amount of the
      Prepetition First Lien Term Loan
    * $17,347,190.46 in aggregate principal amount of the
      Prepetition Second Lien Term Loan

(3) Solus Alternative Asset Management LP
    410 Park Avenue
    New York, NY 10022

    * $165,876,533.00 in aggregate principal amount of the
      Prepetition First Lien Term Loan
    * $94,735,175.00 in aggregate principal amount of the
      Prepetition Second Lien Term Loan

Counsel to the Ad Hoc Crossover Group can be reached at:

               RICHARDS, LAYTON & FINGER P.A.
               Mark D. Collins, Esq.
               Paul N. Heath, Esq.
               Megan E. Kenney, Esq.
               920 N. King Street
               Wilmington, DE 19801
               Telephone: (302) 651-7700
               Facsimile: (302) 651-7701
               Email: collins@rlf.com
                      heath@rlf.com
                      kenney@rlf.com

                       - and -

               DAVIS POLK & WARDWELL LLP
               Brian M. Resnick, Esq.
               Dylan A. Consla, Esq.
               Erik Jerrard, Esq.
               450 Lexington Avenue
               New York, NY 10017
               Telephone: (212) 450-4213
               Facsimile: (212) 701-5213
               Email: brian.resnick@davispolk.com
                      dylan.consla@davispolk.com
                      erik.jerrard@davispolk.com

A copy of the Rule 2019 filing from PacerMonitor.com is available
at
http://bankrupt.com/misc/Blackhawk_53_Rule2019.pdf

                     About Blackhawk Mining

Founded in 2010, Blackhawk Mining LLC --
http://www.blackhawkmining.com/-- is a diversified coal mining
company headquartered in Lexington, Kentucky.  The Debtors are a
privately-owned coal producer operating predominantly in the
Central Appalachian Basin of the United States.  The Debtors sell
their coal production domestically and internationally to a diverse
set of end markets, such as  steel producers, regulated utilities,
an  commodity trading houses.

On July 19, 2019, Blackhawk Mining and 21 affiliates sought Chapter
11 protection (Bankr.
D. Del. Lead Case No. 19-11595).

The Hon. Laurie Selber Silverstein is the case judge.

The Debtor tapped KIRKLAND & ELLIS LLP as general bankruptcy
counsel; POTTER ANDERSON CORROON LLP as local counsel; and
ALIXPARTNERS is the restructuring advisor; and CENTERVIEW PARTNERS
LLC is the investment banker.  Prime Clerk LLC is the claims
agent.



BLUCORA INC: S&P Affirms 'BB' Issuer Credit Rating; Outlook Stable
------------------------------------------------------------------
S&P Global Ratings affirmed its ratings on Blucora Inc., including
its 'BB' issuer credit and senior secured debt ratings, and removed
them from under criteria observation. The outlook remains stable.
S&P also maintained its '3' recovery rating--indicating its
expectation of meaningful recovery (65%) for lenders in the event
of a payment default -- on Blucora's senior secured term loan B and
revolving credit facilities.

"The affirmation reflects our view that Blucora is not materially
exposed to potential regulatory interference on dividends from its
regulated brokerage subsidiaries because the firm maintains
liquidity and generates cash flow at its unregulated entities more
than sufficient to meet its annual debt service obligations," S&P
said.  The affirmation also reflects S&P's expectation for leverage
to remain between 2x-3x, and for continued good performance at the
company's subsidiaries.

Blucora is a holding company for TaxACT and HD Vest. TaxACT is the
third-largest online tax preparation service provider, which S&P
expects to contribute more than half of EBITDA. Despite a
significantly smaller market share than the largest two competitors
(TurboTax and H&R Block), TaxACT has a history of strong profit
margins and good customer retention. HD Vest, which will include
1st Global, is a relatively small retail brokerage and investment
adviser serving independent financial advisers who are also tax
professionals. S&P believes Blucora's two operating businesses have
decent business positions in their very competitive markets, which
provides some diversification and relatively stable profits.

"The stable outlook reflects our expectation that leverage will
remain between 2x and 3x given leverage pro forma for the 1st
Global acquisition of 3x and management's target of 2x," S&P said.
"We expect Blucora to successfully integrate 1st Global with
minimal client or financial adviser attrition, and to reduce costs
while maintaining good operating performance and liquidity."

Upside scenario

Although unlikely over the next 12 months, S&P could raise the
ratings over time if weighted average net debt to EBITDA leverage
falls below 2x on a sustainable basis and the firm maintains
liquidity and business performance.

Downside scenario

S&P said that over the same period, it could lower the ratings if
it expects leverage to remain above 3x or if liquidity, market
position, or profitability deteriorates. Specifically, if HD Vest's
financial adviser retention or total client assets materially
decline or if TaxACT's customer activity or revenue meaningfully
declines, S&P could lower the rating.

"We could also lower the rating if cash and cash flow at
unregulated group entities may not be sufficient to meet annual
debt service obligations, or TaxACT's contribution to consolidated
EBITDA falls well below 50% given HD Vest's lower margins and
slower growth," S&P said.


BODY CONTOUR: Sept. 6 Plan Confirmation Hearing
-----------------------------------------------
The disclosure statement explaining the Chapter 11 Plan of
Liquidation co-proposed by Body Contour Ventures, LLC, et al., and
the official committee of unsecured creditors is granted
preliminary approval.

The hearing on objections to final approval of the adequacy of the
information in the disclosure statement and confirmation of the
plan will be held on September 6, 2019 at 11:00 a.m., before the
Honorable Phillip J. Shefferly, United States Bankruptcy Judge, in
Courtroom 1975, 211 West Fort Street, Detroit, Michigan 48226.

The deadline to file objections to final approval of the adequacy
of the information in the disclosure statement and objections to
confirmation of the plan is August 30, 2019.

               About Body Contour Ventures

Body Contour Ventures, LLC, which conducts business under the name
LightRx -- https://www.lightrx.com -- is a personal care services
provider specializing in medical weight loss, body contouring,
laser lipo, cellulite reduction, skin tightening, skin resurfacing,
laser hair removal, among others.  It has locations in Arizona,
Colorado, Illinois, Indiana, Kentucky, Maryland, Michigan,
Minnesota, Missouri, Nevada, North Carolina, Pennsylvania, South
Carolina, Tennessee, Virginia, and Wisconsin.

Body Contour Ventures sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Mich. Lead Case No. 19-42510) on Feb.
22, 2019.  At the time of the filing, the Debtors estimated assets
of $1 million to $10 million and liabilities of $10 million to $50
million.  

The cases are assigned to Judge Phillip J. Shefferly.  The Debtors
tapped Wolfson Bolton PLLC as their legal counsel.

The U.S. Trustee for Region 9 on March 7 appointed five creditors
to serve on the official committee of unsecured creditors in the
Chapter 11 cases of Body Contour Ventures, LLC, and its affiliates.
Attorneys for the Committee are Brendan G. Best, Esq., and William
L. Thompson, Esq., at Varnum LLP, in Detroit, Michigan.


C.T.W. REALTY: Hires Joseph J. Gormley as Accountant
----------------------------------------------------
C.T.W. Realty Corp. seeks authority from the U.S. Bankruptcy Court
for the Southern District of New York to employ Joseph J. Gormley,
CPA, as accountant to the Debtor.

C.T.W. Realty requires Joseph J. Gormley to:

   a. assist in the preparation of tax returns and provision of
      general tax advisory services;

   b. prepare monthly operating reports; and

   c. perform all other reasonable or necessary accounting
      services in connection with the prosecution of the Chapter
      11 Case.

Joseph J. Gormley will be paid $1,060 per month for the services
rendered. It will be paid at these hourly rates:

     Joseph Gormley              $300
     Stephanie Castro            $200
     Kaitlin Frain               $150
     Nancy Gormley               $150

Joseph J. Gormley will also be reimbursed for reasonable
out-of-pocket expenses incurred.

Joseph J. Gormley, assured the Court that he 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.

Joseph J. Gormley can be reached at:

         Joseph J. Gormley
         3490 Route 1 North, Suite 15D
         Princeton, NJ 08648
         Tel: (609) 269-5009
         Fax: (609) 897-0123

                    About C.T.W. Realty Corp.

C.T.W. Realty Corp. is a single asset real estate company which was
formed for the ownership and management of that certain commercial
property located at 55-59 Chrystie Street, New York, NY 10002.

On May 6, 2019, Wilmington Trust, N.A., as Trustee for the Benefit
of the Holders of LCCM2017-LC26 Mortgage Trust Commercial Mortgage
Pass-Through Certificates, Series 2017-LC26, filed Motion To Excuse
Compliance By Receiver With 11 U.S.C. Sec. 543.  On June 4, 2019,
the Court entered an order granting the Receiver Motion.

C.T.W. Realty Corp., based in New York, NY, filed a Chapter 11
petition (Bankr. S.D.N.Y. Case No. 19-11425) on May 1, 2019.  In
the petition was signed by Gary M. Tse, president, the Debtor
estimated $10 million to $50 million in both assets and
liabilities.  Steven B. Smith, Esq., at Herrick Feinstein LLP,
serves as bankruptcy counsel to the Debtor.


CAMBRIAN HOLDING: Hires Ordinary Course Professionals
-----------------------------------------------------
Cambrian Holding Company, Inc., and its debtor-affiliates, seek
authority from the U.S. Bankruptcy Court for the Eastern District
of Kentucky to employ ordinary course professionals to the
Debtors.

The Debtors hire the following ordinary course professionals:

          Name              Services Provided            Fee Cap
          ----              -----------------            -------
   Alpine Consulting       Engineering Services          $25,000
   & Engineering, Inc.

   Artemis Consulting      Engineering Services          $50,000
   Services LLC

   Bellamy Engineering     Engineering Services          $10,000
   & Construction

   Synterra Corp.          Engineering Services          $10,000

   Hungate Engineering,    Engineering Services          $1,000
   P.C.

   Summit Engineering,     Engineering Services          $40,000
   Inc.

   Synergy Engineering,    Engineering Services          $5,000
   Ltd.

   Harris Akers and        Certified Public Accountant   $5,000
   Associates LLC

   Baird & Baird, PSC      Legal Services                $15,000

   Holland & Hart LLP      Legal Services                $10,000

   Casey, Bailey & Maines  Legal Services                $5,000

   Shelton Branham &       Legal Services                $5,000
   Halpert PLLC

   Kinner & Patton         Legal Services                $5,000
   Law Offices

   Medaris Law Office      Legal Services                $3,000

To the best of the Debtors' knowledge the firms are 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.

                   About Cambrian Holding Co.

Belcher, Kentucky-based Cambrian Holding Company, Inc., and its
subsidiaries produce and process metallurgical coal and thermal
coal for use by utility providers and industrial companies located
primarily in the eastern United States and Canada. The company
began operations in 1991 and, over time, acquired various mines and
mining-related assets from major coal corporations.

Cambrian Holding Company and 18 of its affiliates each filed a
petition seeking relief under Chapter 11 of the Bankruptcy Code
(Bankr. E.D. Ky. Lead Case No. 19-51200) on June 16, 2019.

The Debtors tapped Frost Brown Todd LLC as counsel; Whiteford,
Taylor & Preston, LLP, as litigation counsel; Jefferies LLC as
investment banker; and FTI Consulting, Inc., as financial advisor.
Epiq Corporate Restructuring, LLC, is the notice, claims and
solicitation agent.



CAPITAL RIVER: Hires Dockside Realty as Real Estate Broker
----------------------------------------------------------
Capital River, LLC, seeks authority from the U.S. Bankruptcy Court
for the Western District of Virginia to employ Dockside Realty as
real estate broker to the Debtor.

Capital River requires Dockside Realty to market and sell the
Debtor's real property known as Bella Vista Subdivision, Orange,
Virginia.

Dockside Realty will be paid a commission of 8% of the sales
price.

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

To the best of the Debtor's knowledge 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.

Dockside Realty can be reached at:

     Dockside Realty
     4634 Courthouse Road
     Mineral, VA 23117
     Tel: (540) 895-9400
     Fax: (877) 525-2662

                        About Capital River

Based in Huntersville, North Carolina, Capital River, LLC, a Single
Asset Real Estate (as defined in 11 U.S.C. Section 101(51B)), whose
principal assets are located at Lot 1-15, Bella Vista Estates
Orange, VA 22960, filed a voluntary Chapter 11 petition (Bankr.
W.D. Va. Case No. 19-60555) on March 14, 2019.  At the time of
filing, the Debtor estimated assets and liabilities of $1 million
to $10 million.  The petition was signed by Bradley J. Church as
member of BJC Holdings, LLC and Charles B. Payne as member of CBP
Holdings, LLC.  The case is assigned to Hon. Rebecca B. Connelly.
The Debtor is represented Andrew S. Goldstein, Esq., at Magee
Goldstein Lasky & Sayers, P.C., in Roanoke, Virginia.


CENTERSTONE LINEN: Committee Hires Montgomery as Counsel
--------------------------------------------------------
The Official Committee of Unsecured Creditors of Centerstone Linen
Services, LLC, and its debtor-affiliates seeks authorization from
the U.S. Bankruptcy Court for the Northern District of New York to
retain Montgomery McCracken Walker & Rhoads LLP, as counsel to the
Committee.

The Committee requires Montgomery to:

   a. advise the Committee with respect to its rights, duties,
      and powers in the Chapter 11 Cases;

   b. assist and advise the Committee in its consultations with
      the Debtors relative to the administration of the Chapter
      11 Cases;

   c. assist the Committee in analyzing the claims of the
      Debtors' creditors and the Debtors' capital structure and
      in negotiating with holders of claims and equity interests;

   d. assist the Committee in its investigation of the acts,
      conduct, assets, liabilities, and financial condition of
      the Debtors and of the operation of the Debtors'
      businesses;

   e. assist the Committee in its investigation of the liens and
      claims of the holders of the Debtors' pre-petition debt and
      the pursuit of any claims or causes of action revealed by
      such investigation;

   f. assist the Committee in its analysis of, and negotiations
      with, the Debtors or any third party concerning matters
      related to, among other things, the assumption or rejection
      of certain leases of nonresidential real property and
      executory contracts, asset dispositions, financing or other
      transactions and the terms of one or more plans of
      reorganization for the Debtors and accompanying disclosure
      statements and related plan documents;

   g. assist and advise the Committee as to its communications to
      unsecured creditors regarding significant matters in these
      Chapter 11 Cases;

   h. represent the Committee at hearings and other proceedings;

   i. review and analyze applications, orders, statements of
      operations, and schedules filed with the Court and advise
      the Committee as to their propriety;

   j. prepare, on behalf of the Committee, any pleadings,
      including without limitation, motions, memoranda,
      complaints, adversary complaints, objections, or comments
      in connection with any of the foregoing as may be necessary
      in furtherance of the Committee's interests and objectives
      in these Chapter 11 Cases, including without limitation,
      the preparation of retention papers and fee applications
      for Committee professionals including, the Firm; and

   k. perform such other legal services as may be required or are
      otherwise deemed to be in the interests of the Committee in
      accordance with the Committee's powers and duties as set
      forth in the Bankruptcy Code, Bankruptcy Rules, or other
      applicable law.

Montgomery will be paid at these hourly rates:

     Partners                        $360 to $785
     Senior Counsel                  $555 to $655
     Of Counsel                      $320 to $655
     Associates                      $315 to $425
     Paralegals and Assistants       $240 to $275

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

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

Montgomery can be reached at:

     David M. Banker, Esq.
     MONTGOMERY MCCRACKEN WALKER & RHOADS LLP
     437 Madison Avenue, 24 th Floor
     New York, NY 10022
     Telephone: (212) 867-9500
     Facsimile: (212) 599-5085
     E-Mail: dbanker@mmwr.com

                 About Centerstone Linen Services

Atlas Health Care Linen Services Co., LLC, Alliance Laundry &
Textile Service, LLC and two other entities, all doing business as
Clarus Linen Systems -- http://www.claruslinens.com/-- provide
linen rental and commercial laundry services to the healthcare
industry, primarily supplying scrubs, sheets, towels, blankets,
patient apparel and other linen products to hospitals and
healthcare clinics via long-term contacts.

Atlas and Alliance currently operate five production facilities in
three states (Atlas operates two facilities in New York and
Alliance operates two facilities in Georgia and one in South
Carolina) that provide daily pick-ups and deliveries to their
customers.

Centerstone Linen Services, LLC, is the corporate parent of four
subsidiary corporations and provides back-office and administrative
support to them.

Centerstone Linen Services and its four subsidiaries (Bankr.
N.D.N.Y. Lead Case No. 18-31754) in Syracuse, New York on Dec. 19,
2018.

Atlas Health estimated $10 million to $50 million in assets and
liabilities of the same range as of the bankruptcy filing.
Centerstone Linen estimated $1 million to $10 million in assets and
$10 million to $50 million in liabilities.

BOND, SCHOENECK & KING, PLLC, is the Debtors' counsel.

The U.S. Trustee for Region 2 on Jan. 10, 2019, appointed three
creditors to serve on the official committee of unsecured creditors
in the Chapter 11 cases.  The Committee retained Montgomery
McCracken Walker & Rhoads LLP, as counsel.



CFO MANAGEMENT: Ch. 11 Trustee Hires LaGesse as Auctioneer
----------------------------------------------------------
David Wallace, the Chapter 11 Trustee of CFO Management Holdings,
LLC, and its debtor-affiliates, seeks authority from the U.S.
Bankruptcy Court for the Eastern District of Texas to employ
LaGesse Auctioneers, LLC, as auctioneer to the Trustee.

The Debtor owns personal property of the being held in two storage
units in Frisco, Texas. The items stored inside the storage units
include various types of office furniture and boxes of unknown
items, and office-related materials.

The Trustee requires LaGesse to inventory and catalogue the stored
items in the storage units and conduct a public auction of the
stored items.

LaGesse will be paid a commission in the amount of 25% of the gross
proceeds for all goods sold, as well as an additional 10% buyer's
premium, which is charged to the purchaser.

James LaGesse, partner of LaGesse Auctioneers, 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.

LaGesse can be reached at:

     James LaGesse
     LAGESSE AUCTIONEERS, LLC
     2754 Ludelle St.
     Fort Worth, TX 76105
     Tel: (817) 413-0160

                   About CFO Management Holdings

CFO Management Holdings, LLC, through its subsidiaries, engages in
developing and selling residential and commercial real estate in
Collin County, Texas, and owns and manages a wild game ranch in
Southern Oklahoma.  The subsidiaries are Carter Family Office, LLC,
Christian Custom Homes, LLC, Double Droptine Ranch, LLC, Frisco
Wade Crossing Partners, LLC, Kingswood Development Partners, LLC,
McKinney Executive Suites at Crescent Parc Development Partners,
LLC, North-Forty Development LLC, and West Main Station
Development, LLC.

CFO Management Holdings and its subsidiaries sought Chapter 11
protection (Bankr. E.D. Tex. Case No. Lead Case No. 19-40426) on
Feb. 17, 2019.  In the petition signed by CRO Lawrence Perkins, CFO
Management estimated $50 million to $100 million in both assets and
liabilities. Annmarie Chiarello, Esq. and Joseph J. Wielebinski
Jr., Esq., at Winstead PC, serve as the Debtor's bankruptcy
counsel.

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors on March 4, 2019.  The committee retained
Singer & Levick PC as its legal counsel.

David Wallace was appointed as Chapter 11 trustee for the Debtors'
estates on April 10, 2019.  Ross & Smith, PC, is the Trustee's
counsel.



CIAOBABYONMAIN LLC: Taps Golding Law Offices as Legal Counsel
-------------------------------------------------------------
CiaoBabyOnMain, LLC, received approval from the U.S. Bankruptcy
Court for the Northern District of Illinois to hire The Golding Law
Offices, P.C. as its legal counsel.

The firm will provide services in connection with the Debtor's
Chapter 11 case, which include legal advice regarding its powers
and duties under the Bankruptcy Code; negotiation and preparation
of a plan of reorganization; and investigation of claims of
creditors.
  
The firm's hourly rates are:

         Richard Golding      $490
         Jonathan Golding     $390
         Paralegals           $190

The Debtor paid Golding a retainer of $15,000, of which
approximately $5,000 was used to pay the filing fee and the firm's
pre-bankruptcy services.  

The firm and its attorneys neither hold nor represent any interest
adverse to the Debtor, according to court filings.

Golding can be reached through:

     Jonathan D. Golding, Esq.
     The Golding Law Offices, P.C.
     500 N. Dearborn Street, 2nd FL
     Chicago, IL 60610
     Tel: (312) 832-7892
     Fax: (312) 755-5720
     Email: jgolding@goldinglaw.net   

                       About CiaoBabyOnMain

CiaoBabyOnMain, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. N.D. Ill. Case No. 19-16814) on June 12,
2019.  At the time of the filing, the Debtor estimated assets of
less than $50,000 and liabilities of less than $500,000.  The case
is assigned to Judge Janet S. Baer.  The Golding Law Offices, P.C.,
is the Debtor's counsel.



CLAIMS RECOVERY: Seeks to Hire Oak Tree Law as Counsel
------------------------------------------------------
Claims Recovery Associates LLC seeks authority from the U.S.
Bankruptcy Court for the Central District of California to employ
Oak Tree Law, as counsel to the Debtor.

Claims Reco requires Oak Tree Law to:

   a. prepare the Debtor's Chapter 11 bankruptcy petition, and
      all supporting schedules;

   b. advise the Debtor of its legal rights and obligations in a
      bankruptcy proceeding;

   c. represent the Debtor at an initial interview of the Debtor
      and the meeting of creditors;

   d. work to bring the Debtor into full compliance with
      reporting requirements of the Office of the U.S. Trustee;
      and

   e. prepare status reports as required by the Bankruptcy Court,
      and respond to any motions filed in the Debtor's bankruptcy
      proceeding.

Oak Tree Law will be paid at these hourly rates:

         Partners                  $400
         Associates                $250
         Paralegals                $150
         Administrative Staffs     $100

Oak Tree Law will be paid a retainer in the amount of $10,000.

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

Julie Villalobos, partner of Oak Tree Law, 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.

Oak Tree Law can be reached at:

     Julie Villalobos, Esq.
     Larry Fieselman, Esq.
     OAK TREE LAW
     10900 183rd Street, Suite 270
     Cerritos, CA 90703
     Tel: (562) 741-3943
     Fax: (562) 264-1496
     E-mail: Julie@oaktreelaw.com
             larry@oaktreelaw.com

                  About Claims Recovery Associates

Claims Recovery Associates LLC, based in South Pasadena, CA, filed
a Chapter 11 petition (Bankr. C.D. Cal. Case No. 19-17545) on June
28, 2019.  In the petition signed by Temidayo Akinyemi, authorized
agent, the Debtor disclosed $3,125,000 in assets and $2,514,525 in
liabilities.  The Hon. Sandra R. Klein oversees the case.  Julie
Villalobos, at Oak Tree Law, serves as bankruptcy counsel to the
Debtor.


CLAROS MORTGAGE: Moody's Assigns Ba3 CFR, Outlook Stable
--------------------------------------------------------
Moody's Investors Service assigned a Ba3 corporate family rating to
Claros Mortgage Trust, Inc and a Ba3 senior secured rating to
CMTG's proposed $350 million Term Loan B. CMTG's outlook is
stable.

Assignments:

Issuer: Claros Mortgage Trust, Inc

  Corporate Family Rating, Assigned Ba3

  Senior Secured Term Loan B, Assigned Ba3

Outlook Actions:

Issuer: Claros Mortgage Trust, Inc

  Outlook, Assigned Stable

RATINGS RATIONALE

CMTG's Ba3 corporate family rating is supported by the company's
strong capital adequacy, low leverage, and solid profitability. The
rating also reflects CMTG's concentration in commercial real estate
(CRE) lending, its high reliance on confidence-sensitive secured
funding, and its limited operating history through a full credit
cycle given the company's recent formation in 2015.

The Ba3 rating assigned to CMTG's proposed $350 million Term Loan B
reflects the company's credit fundamentals and strong collateral
coverage. The asset pledges comprising the loan's security include
a significant amount of cash and first-lien mortgages, which
Moody's views favorably.

A key credit strength for CMTG is its strong capital adequacy,
which provides it with significant loss-absorbing capacity for any
unexpected deterioration in asset quality. The company's capital
ratio (measured by tangible common equity/tangible managed assets)
was approximately 47% as of March 31, 2019. In addition, CMTG's
leverage (measured by debt/equity) is low at approximately 1.0x,
relative to rated non-bank CRE lenders. Although CMTG's capital and
leverage ratios will weaken as the company continues to grow its
business, Moody's expects these ratios to continue to compare
favorably to peers over the next several years.

Another credit strength is CMTG's solid profitability performance.
The company's profitability (measured by net income/average managed
assets) has averaged over 4% for the last three fiscal years, which
compares favorably to other rated non-bank CRE lenders. Like other
lenders, however, profitability will be pressured should economic
conditions weaken, leading to higher credit costs.

CMTG's concentration in the highly cyclical CRE sector is a key
credit challenge. The company's loan portfolio is mainly comprised
of first-lien mortgages with low average loan-to-values on
properties located in major US markets -- characteristics that
Moody's views favorably. However, the portfolio also includes a
number of concentrations, including a relatively high portion of
land and hotel loans, a large average loan size, and a geographic
concentration in New York.

Despite the company's good asset quality performance to date, CMTG
has a more limited operating history than many of its peers and has
not yet been tested through a full credit cycle. In addition, the
company has grown its loan book more rapidly than its peers in
recent years, and as such, it comprises a large portion of
unseasoned loans.

Another key credit challenge is CMTG's funding profile. The company
is highly reliant on confidence-sensitive secured funding in the
form of repurchase facilities, which comprised about 75% of total
liabilities as of March 31, 2019. The Term Loan B issuance will
somewhat diversify CMTG's sources of funding, although they will
remain secured. CMTG's high reliance on secured funding in its debt
capital structure and the absence of unsecured liquidity limits the
company's financial flexibility, in Moody's view.

WHAT COULD CHANGE THE RATINGS UP/DOWN

CMTG's ratings could be upgraded if the company: 1) improves its
funding profile by reducing its reliance on confidence-sensitive
secured borrowings; 2) increases its business diversification while
maintaining good asset quality; 3) continues to demonstrate strong,
predictable profitability; and 4) maintains high capital levels and
low leverage that compare favorably to peers.

CMTG's ratings could be downgraded if the company: 1) experiences a
material deterioration in asset quality and profitability; or 2)
increases its leverage (debt/equity) above 3.5x given the current
portfolio mix.


CLINTON NURSERIES: Hires Cole Scott as Special Counsel
------------------------------------------------------
Clinton Nurseries, Inc., and its debtor-affiliates seek authority
from the U.S. Bankruptcy Court for the District of Connecticut to
employ Cole Scott & Kissane P.A., as special employment counsel to
the Debtor.

The Debtors terminated certain employees in the State of Florida,
one of whom, Cathy Kelly, filed an administrative charge with the
Tampa, Florida office of the United States Equal Employment
Opportunity Commission.

The Debtors carry insurance for defense of employment
discrimination claims through Travelers Casualty and Surety Company
of America. Under the Insurance Policy, Travelers is to retain
counsel to defend the Debtors against covered claims, subject to a
retention of $25,000.

On May 7, 2019, Travelers retained Cole Scott to defend the Debtors
against the employment charge. The Debtors requires Cole Scott to
defend the Debtors against the said employment charge.

Cole Scott will be paid at the hourly rates of $350 to 300.

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

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

Cole Scott can be reached at:

     Daniel A. Nicholas, Esq.
     COLE SCOTT & KISSANE P.A.
     4301 West Boy Scout Blvd.
     Tampa, FL 33607
     Tel: (813) 289-9300

                    About Clinton Nurseries

Founded in 1921, Clinton Nurseries, Inc., operates nurseries that
produce ornamental plants and other nursery products.  The company
grows trees, flowering shrubs, roses, ornamental grasses & ground
covers, perennials, annuals, herbs and vegetables. Clinton
Nurseries is based in Westbrook, Connecticut.

Clinton Nurseries and its affiliates sought Chapter 11 protection
(Bankr. D. Conn. Case No. 17-31897) on Dec. 18, 2017.  David
Richards, president, signed the petitions.  The cases are jointly
administered under Case No. 17-31897.  At the time of filing,
Clinton Nurseries estimated its assets and liabilities at $10
million to $50 million.

Judge James J. Tancredi oversees the cases.

Zeisler & Zeisler, P.C., is the Debtors' legal counsel. Cole Scott
& Kissane P.A., is special counsel.

The U.S. Trustee for Region 2 appointed an official committee of
unsecured creditors.  The committee retained Green & Sklarz LLC as
its legal counsel.



COBALT COAL: Steinman Objects to Disclosure Statement
-----------------------------------------------------
Steinman Development Company files a Limited Objection to the
Chapter 11 Plan of Reorganization and Disclosure Statement filed by
Cobalt Coal, LLC.

Steinman points out that the First Amendment specifically provides
that "[t]he highwall mining method may not be used on any other
portion of the property covered by the Lease without [Steinman's]
prior written approval."

Steinman further points out that the First Amendment provides the
prohibition against highwall mining without [Steinman's] prior
written consent has always been and shall continue to be a
limitation on [the Debtor's] rights under the Lease for the
remainder of its term.

Counsel for Steinman Development Company:

     Brandy M. Rapp, Esq.
     Whiteford, Taylor & Preston LLP
     10 S. Jefferson St., Suite 1110
     Roanoke, Virginia 24011
     Tel: (540) 759-3577
     Fax: (540) 759-3567
     Email: brapp@wtplaw.com

                    About Cobalt Coal LLC

Cobalt Coal, LLC, a producer of metallurgical coal headquartered in
Wise, Virginia, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Va. Case No. 19-70149) on Jan. 31,
2019.  At the time of the filing, the Debtor disclosed $1,100,002
in assets and $455,100 in liabilities.  The case has been assigned
to Judge Paul M. Black.  The Debtor tapped Scot S. Farthing,
Attorney at Law, PC as its legal counsel.


CRUISING GUIDE: Aug. 29 Plan Confirmation Hearing
-------------------------------------------------
The Disclosure Statement explaining the Chapter 11 Plan of Cruising
Guide Publications, Incorporated, is conditionally approved.

The Court will conduct a hearing on confirmation of the Plan,
including timely filed objections to confirmation, objections to
the Disclosure Statement, motions for cramdown, applications for
compensation, and motions for allowance of administrative claims on
August 29, 2019 at 2:00 p.m. in Tampa, FL - Courtroom 8B, Sam M.
Gibbons United States Courthouse, 801 N. Florida Avenue .

Objections to confirmation must be filed with the Court and served
no later than seven (7) days before the date of the Confirmation
Hearing.

The Plan Proponent must file a ballot tabulation no later than 96
hours prior to the time set for the Confirmation Hearing.

            About Cruising Guide Publications

Cruising Guide Publications, Incorporated, sought protection under
Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla. Case No.
18-10689) on Dec. 13, 2018.  In the petition signed by Simon P.
Scott, vice president / manager, the Debtor estimated assets of
less than $100,000 and liabilities of less than $500,000.  The
Debtor tapped Buddy D. Ford, PA, as its legal counsel.  No official
committee of unsecured creditors has been appointed in the Chapter
11 case.


CYTORI THERAPEUTICS: Gets Contract Suspension Order from HHS/BARDA
------------------------------------------------------------------
Cytori Therapeutics, Inc. received an order from the U.S.
Department of Health and Human Services / Office of the Assistant
Secretary for Preparedness and Response / Biomedical Advanced
Research and Development Authority on July 21, 2019, regarding
Contract HHSO100201200008C dated Sept. 27, 2012 (as amended, to
suspend all work on the referenced contract, including the RELIEF
clinical trial, except for certain activities related to orderly
close out of the trial and contract.  This order was based on
previous discussions between the Company and HHS/ASPR/BARDA
concerning the best path forward for both parties in the light of
the difficulty of enrolling the RELIEF trial and the Company's
previously disclosed restructuring plan.  Pursuant to the order,
within a period no longer than 180 days (or by Jan. 17, 2020), the
contract will be terminated by HHS/ASPR/BARDA.

                         About Cytori

Based in San Diego, California, Cytori -- http://www.cytori.com/--
is developing, manufacturing, and commercializing
nanoparticle-delivered oncology drugs.  Cytori is focused on the
liposomal encapsulation of anti-neoplastic chemotherapy agents or
other drugs which may enable the effective delivery of the agents
to target sites while reducing systemic toxicity and improving
pharmacokinetics.  Cytori's pipeline consists of ATI-0918 pegylated
liposomal doxorubicin hydrochloride for breast cancer, ovarian
cancer, multiple myeloma, and Kaposi's sarcoma, a complex/hybrid
generic drug, and ATI-1123 patented albumin-stabilized pegylated
liposomal docetaxel for multiple solid tumors.

Cytori reported a net loss of $12.63 million for the year ended
Dec. 31, 2018 compared to a net loss of $22.68 million for the year
ended Dec. 31, 2018.  As of March 31, 2019, Cytori had $24.61
million in total assets, $20.75 million in total liabilities, and
$3.85 million in total stockholders' equity.

BDO USA, LLP, in San Diego, California, the Company's auditor since
2016, issued a "going concern" qualification in its report dated
March 29, 2019, on the Company's consolidated financial statements
for the year ended Dec. 31, 2018, citing that Cytori has suffered
recurring losses from operations that raise substantial doubt about
its ability to continue as a going concern.


DAVITA INC: S&P Alters Outlook to Negative, Affirms 'BB' ICR
------------------------------------------------------------
S&P Global Ratings affirmed its 'BB' issuer credit rating on DaVita
Inc. but revised the outlook to negative from stable.

At the same time, S&P assigned a 'BBB-' rating and '1' recovery
rating to the proposed senior credit facility and affirmed its 'B+'
rating on the company's senior unsecured notes.

The negative outlook is based on S&P's view that management's
tolerance for higher leverage has increased, despite a challenging
industry backdrop. DaVita plans to lower leverage from elevated
levels with the proceeds of the DMG sale as well as place a new
credit facility, which S&P had expected. However, the company also
plans to pursue a $1.2 billion Dutch tender offer of its shares
with some of the proceeds. Share repurchase activity is more than
S&P anticipated, and the rating agency now expects leverage close
to 4x by the end of this year. The magnitude of the share
repurchase program indicates DaVita's tolerance to operate at an
adjusted leverage above 4x has increased. This is in contrast with
S&P's long-held view that leverage would range between 3.5x-4.0x.

The negative outlook reflects risks to S&P's base case that
DaVita's leverage will remain below 4x due to margin pressure. In
addition, it also reflects the risk that management's tolerance for
higher leverage has increased, despite deteriorating industry
fundamentals.

"We could lower our rating if we think that DaVita will likely
sustain adjusted leverage below 4.0x. This could occur if the
company continues to repurchase shares that keep leverage elevated
or adopts a financial policy that favors shareholder returns over
debt reduction, despite pressure on EBITDA," S&P said.

"We could consider a stable outlook if we believe the company will
commit to maintaining its adjusted leverage below 4x," the rating
agency said.


DDS 2019: Court Confirms Chapter 11 Plan
----------------------------------------
The Bankruptcy Court has issued an order confirming the First
Amended Chapter 11 Plan as Amended on the Record July 12, 2019,
filed by DDS 2019, LLC and DDD 2019, LLC.

Class 1 Allowed Unsecured Claims of DDD are impaired.  All Allowed
Class 1 Claims will be paid in full within fourteen (14) days of
the Effective Date.

Class 3 Allowed Non-lnsider Unsecured Claims of DDS are impaired.
All Allowed Class 3 Claims will be paid in full within fourteen
(14) days of the Effective Date.

Class 4 Allowed Unsecured Claim of Serralles USA, LLC are impaired.
Class 4 will receive payment of $1,000,000 within fourteen (14)
days of the Effective Date. In addition, within five (5) days of
DDS filing a motion with the Court to close its Case, DDS will fund
an escrow for trailing professional fees and other administrative
expenses in the amount of $50,000.

A full-text copy of the Disclosure Statement dated July 17, 2019,
is available at https://tinyurl.com/y69zrjnj from PacerMonitor.com
at no charge.

Attorney for the Debtors is Rebecca R. DeMarb, Esq., at DeMarb
Brophy LLC, in Madison, Wisconsin.

               About Death's Door Spirits

Death's Door Spirits, LLC and Death's Door Distillery, LLC, produce
and supply vodka, gin, white whiskey, peppermint schnapps, and
dessert liquor.  They market and sell their products through
retailers and online.

Death's Door Spirits and Death's Door Distillery sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. W.D. Wis. Case Nos.
18-13912 and 18-13915) on Nov. 21, 2018.

At the time of the filing, Death's Door Distillery estimated assets
of $1 million to $10 million and liabilities of $1 million to $10
million.  Death's Door Spirits estimated less than $1 million in
assets and $1 million to $10 million in liabilities.

The Debtors tapped DeMarb Brophy LLC as their legal counsel.


DECO-DENCE LLC: Seeks to Hire DeMarco Mitchell as Counsel
---------------------------------------------------------
Deco-Dence, LLC, seeks authority from the U.S. Bankruptcy Court for
the Northern District of Texas to employ DeMarco Mitchell, PLLC, as
counsel to the Debtor.

Deco-Dence, LLC requires DeMarco Mitchell to:

   a. take all necessary action to protect and preserve the
      Estate, including the prosecution of actions on its behalf,
      the defense of any actions commenced against it,
      negotiations concerning all litigation in which it is
      involved, and objecting to claims;

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

   c. formulate, negotiate, and propose a plan of reorganization;
      and

   d. perform all other necessary legal services in connection
      with these proceedings.

DeMarco Mitchell will be paid at these hourly rates:

        Attorneys            $300 to $350
        Paralegals               $125

As of the petition date, the Debtor paid DeMarco Mitchell a
retainer of $7,000. DeMarco Mitchell has incurred fees of $1,575,
costs and expenses of $0, and filing fees of $1,717 prior to the
Petition Date.  The remaining balance held in trust by the firm is
$3,708.

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

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

DeMarco Mitchell can be reached at:

          Robert T. DeMarco, Esq.
          Michael S. Mitchell, Esq.
          DEMARCO MITCHELL, PLLC
          1255 W. 15th Street, 805
          Plano, TX 75075
          Tel: (972) 578‐1400
          Fax: (972) 346‐6791
          E-mail: robert@demarcomitchell.com
                  mike@demarcomitchell.com

                       About Deco-Dence

Deco-Dence, LLC, filed a Chapter 11 bankruptcy petition (Bankr.
N.D. Tex. Case No. 19-31994) on June 14, 2019, disclosing under $1
million in both assets and liabilities.  The Debtor is represented
by Robert Thomas DeMarco, Esq., at DeMarco Mitchell, PLLC.


DWS CLOTHING: Delays Plan Filing Until Lease Negotiations Concluded
-------------------------------------------------------------------
DWS Clothing Too, LLC asked the U.S. Bankruptcy Court for the
Southern District of Florida to extend the period during which it
has the exclusive right to file a Chapter 11 plan through Sept. 12,
and to solicit acceptances for the plan through Nov. 11.

The company's lease negotiations with the Boca Raton Hotel have
temporarily stalled due to new ownership. "DWS Clothing believes
that it will be in a better position after negotiations for a
continued lease are concluded," said the company's attorney Jordan
Rappaport, Esq., at Rappaport Osborne & Rappaport, PLLC.

"DWS Clothing is pursuing every issue in this case in an effort to
bring about resolution of the problems it faced going into filing
and the development of a confirmable plan," Mr. Rappaport said.

                      About DWS Clothing Too

Operating as Alene Too, DWS Clothing Too, LLC sells women's
clothes.

DWS Clothing Too sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Fla. Case No. 18-25551) on Dec. 14,
2018. The petition was signed by Maxine Schwartz, member. 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 Mindy A. Mora.  Rappaport Osborne &
Rappaport, PLLC, is the Debtor's counsel.


EMPLOYBRIDGE HOLDING: S&P Upgrades ICR to 'B'; Outlook Stable
-------------------------------------------------------------
S&P Global Ratings raised its issuer credit rating on Atlanta-based
staffing provider EmployBridge Holding Co. to 'B' from 'B-'.

At the same time, S&P raised its issue-level rating on the
company's first-lien term loan to 'B' from 'B-'. The '3' recovery
rating remains unchanged.

The upgrade reflects EmployBridge's stronger credit metrics over
the past 12 months driven by the continued improvement in its cash
flow generation following its refinancing transaction last year,
positive trends in its gross margins, and the realization of
benefits from management's efficiency and cost-savings programs.
S&P expects the company's leverage to be in the mid-4x area and
anticipate that it will generate at least $40 million of reported
free operating cash flow (FOCF) over the next 12 months.

The stable outlook on EmployBridge reflects S&P's expectation for a
stable operating performance with revenue growth in the
low-single-digit percent area, an adjusted EBITDA margin of about
4%, leverage declining to the mid-4x area, and FOCF to debt of
approximately 10% over the next 12 months.

"We could lower our issuer credit rating on EmployBridge if the
company's operating performance weakens, causing its leverage to
increase above 5.5x or reducing its FOCF below $30 million. This
could occur if a downturn in the economy reduces the demand for
temporary staffing, increases competition, and leads to elevated
pricing pressure that negatively affects the company's already low
margins," S&P said.

"Although unlikely over the next 12 months, we could raise our
rating on EmployBridge if its leverage declines below 4x while its
FOCF exceeds $65 million," S&P said. This could occur if the
company reduces its debt with its FOCF or experiences strong
organic growth due to continued strength in the U.S economy and
favorable secular trends toward more-flexible staffing structures
while it diversifies into other temporary staffing segments and/or
geographies, according to the rating agency.

S&P would also expect EmployBridge to replace its high-cost
preferred stock with permanent debt at favorable terms.


EOR HOLDING: Seeks to Hire Ehrhard & Associates as Counsel
----------------------------------------------------------
EOR Holding Corporation seeks authority from the U.S. Bankruptcy
Court for the District of Massachusetts to employ Ehrhard &
Associates, P.C., as counsel to the Debtor.

EOR Holding requires Ehrhard & Associates to:

   a) give the Debtor legal advice with respect to its powers and
      duties as a Debtor in this Chapter 11 proceeding;

   b) perform on behalf of the Debtor necessary applications,
      answers, orders, reports and other legal papers requires
      for these proceedings;

   c) perform all other legal services for the Debtor which may
      be necessary herein, and it is necessary for the Debtor to
      employ an attorney for such professional services; and

   d) represent the Debtor with the sale, refinance or
      restructuring of the property of the Debtor.

Ehrhard & Associates will be paid at these hourly rates:

        Attorneys            $300
        Paralegals           $150

Ehrhard & Associates received from the Debtor a retainer of
$14,000.  The amount of $12,283 is being held in escrow for legal
fees and $1,717 is to be used for the filing fee.

Ehrhard & Associates will also be reimbursed for reasonable
out-of-pocket expenses incurred.

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

Ehrhard & Associates can be reached at:

     James P. Ehrhard, Esq.
     EHRHARD & ASSOCIATES, P.C.
     250 Commercial Street, Ste 410
     Worcester, MA 01608
     Tel: (508) 791-8411
     E-mail: ehrhard@ehrhardlaw.com

                 About EOR Holding Corporation

EOR Holding Corporation, based in Shrewsbury, MA, filed a Chapter
11 petition (Bankr. D. Mass. Case No. 19-41094) on July 3, 2019.
In the petition signed by Eyad Nashef, president, the Debtor
estimated $100,000 to $500,000 in assets and $1 million to $10
million in liabilities.  The Hon. Christopher J. Panos oversees the
case.  James P. Ehrhard, Esq., at Ehrhard & Associates, P.C.,
serves as bankruptcy counsel to the Debtor.


FARROW GROUP: KEO Objects to Plan Confirmation
----------------------------------------------
KEO and Associates, Inc., objects to the confirmation and final
approval of the Combined Plan and Disclosure Statement of Farrow
Group, Inc.

KEO points out that the Disclosure Statement does not provide any
information about the Debtor's future, other than to say that the
Debtor continues to work on private demolition projects and has
been awarded new contracts with the City worth more than $800,000.

KEO further points out that the Disclosure Statement also does not
mention the Surety Lawsuit or the impact that its outcome may have
upon the Reorganized Debtor's ability to obtain City contracts if
it cannot become bonded in the future, and the risks it poses to
the feasibility of the Plan.

KEO asserts that the Debtor's monthly operating reports state that:
(a) the Debtor has not paid all of its bills on time at any point
during the bankruptcy case; (b) all employees have been paid on
time, when the Debtor has purportedly failed to pay $74,000
post-petition wages to Michael Farrow (see Plan at Section 2.1.4);
and, (c) the Debtor incurred losses in April in the amount of
$26,232.01 and in the amount of $15,929.54 in May.

KEO complains that the Plan is also not fair or equitable because:
(a) it discharges and release claims against the Debtor and
Reorganized Debtor on the Effective Date; (b) pays Claims of
insiders ahead of non-insider creditor classes to the detriment of
unsecured creditors; (c) provides that neither the Debtor nor
Reorganized Debtor are required to make any payments on account of
Contested Claims, thereby creating a scenario under which the
Debtor can object to claims to avoid making distributions on
account of the claims; (d) does not create a Disputed Claims
Reserve to ensure that funds will be available to pay Contested
Claims in full once allowed; (e) authorizes the Reorganized Debtor,
in its sole discretion to obtain outside funding that could impact
the feasibility of the Plan; and, (f) allows the Debtor's principal
to retain his Interests in exchange for the $5,000 New Value
Contribution while receiving hundreds of thousands of dollars in
salary and fringe benefits, and on account of purported claims
against the Debtor's estate.

According to KEO, the Plan also has not been proposed in good faith
because it: (a) entrusts the Reorganized Debtor with the
responsibility for investigating the Debtor's causes of action,
which it has not done yet; and (b) entrusts the Reorganized Debtor
with the responsibility of pursuing potential causes of action that
may exist against Michael Farrow for preferential or fraudulent
transfers, which could potentially yield significant recovery for
creditors.

Attorneys for KEO and Associates, Inc.:

     Shannon L. Deeby, Esq.
     CLARK HILL PLC
     151 S. Old Woodward Ave., Suite 200
     Birmingham, MI 48009
     Tel: (248) 642-9692
     Email: sdeeby@clarkhill.com

        -- and --

     Jeffrey M. Gallant, Esq.
     CLARK HILL PLC
     500 Woodward Avenue, Suite 3500
     Detroit, MI 48226-3485
     Tel: (313) 965-8300
     Email: jgallant@clarkhill.com

                     About Farrow Group

Farrow Group, Inc., a demolition contractor based in Detroit,
Michigan, filed for chapter 11 bankruptcy protection (Bankr. E.D.
Mich. Case No. 19-41009) on Jan. 24, 2019, with estimated assets of
$0 to $50,000 and estimated liabilities of $1 million to $10
million. The petition was signed by Michael Farrow, president.


FITNESS WORLD: Seeks to Hire DeMarco Mitchell Counsel
-----------------------------------------------------
Fitness World, Inc., seeks authority from the U.S. Bankruptcy Court
for the Eastern District of Texas to employ DeMarco Mitchell, PLLC,
as counsel to the Debtor.

Fitness World requires DeMarco Mitchell to:

   a. take all necessary action to protect and preserve the
      Estate, including the prosecution of actions on its behalf,
      the defense of any actions commenced against it,
      negotiations concerning all litigation in which it is
      involved, and objecting to claims;

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

   c. formulate, negotiate, and propose a plan of reorganization;
      and

   d. perform all other necessary legal services in connection
      with these proceedings.

DeMarco Mitchell will be paid at these hourly rates:

        Attorneys            $300 to $350
        Paralegals               $125

The Debtor paid DeMarco Mitchell a retainer of $2,000, inclusive of
the $1,717 filing fee. The Debtor will pay DeMarco Mitchell an
additional retainer of $8,000.

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

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

DeMarco Mitchell can be reached at:

         Robert T. DeMarco, Esq.
         Michael S. Mitchell, Esq.
         DEMARCO MITCHELL, PLLC
         1255 W. 15th Street, 805
         Plano, TX 75075
         Tel: (972) 578‐1400
         Fax: (972) 346‐6791
         E-mail: robert@demarcomitchell.com
                 mike@demarcomitchell.com

                      About Fitness World

Fitness World, Inc., filed a Chapter 11 bankruptcy petition (Bankr.
E.D. Tex. Case No. 19-41645) on June 18, 2019, disclosing under $1
million in both assets and liabilities.  The Debtor is represented
by Robert T. DeMarco, Esq., at DeMarco Mitchell, PLLC.


FUELCELL ENERGY: Board Adopts New Cash Incentive Plan
-----------------------------------------------------
The Board of Directors of FuelCell Energy, Inc. has adopted a new
cash incentive plan that is intended to retain key executives and
employees and to motivate executives and employees to accomplish
certain Company goals and objectives.  All of the executive
officers of the Company (including named executive officers,
Jennifer Arasimowicz (principal executive officer) and Michael
Bishop (principal financial officer)), as well as certain other key
employees, are eligible to participate in the Incentive Plan.

Under the Incentive Plan, cash bonuses in an aggregate amount of
$495,000 may be awarded to eligible participants, with the first
bonus payment, which accounts for 33% of the aggregate bonus
amount, being made on July 22, 2019 and the following three bonus
payments, each of which accounts for approximately 22% of the
aggregate bonus amount, being made only upon the achievement of
certain milestones - specifically, (i) the receipt of certain
customer payments, (ii) the closing of a refinancing of the
Company's senior secured credit facility, and (iii) the submission
of an updated three year business plan to the Board of Directors of
the Company.

The following initial bonus payments were received by the Company's
executive officers on July 22, 2019 - Jennifer Arasimowicz, the
interim president, chief commercial officer, general counsel, and
corporate secretary of the Company, received $16,667; Michael
Bishop, the chief financial officer, treasurer, and executive vice
president of the Company, received $16,667; Anthony Leo, the chief
technology officer and executive vice president of the Company,
received $10,000; and Michael Lisowski, the chief operating officer
and executive vice president of the Company, received $10,000.
Initial bonus payments totaling an additional $108,335 were made to
other eligible employees on
July 22, 2019.  Upon achievement of all of the milestones, the
Company's executive officers would be entitled to receive, in the
aggregate, the following additional bonus payments: Jennifer
Arasimowicz - $33,333; Michael Bishop - $33,333; Anthony Leo -
$20,000; and Michael Lisowski - $20,000.

In connection with the Incentive Plan, the Company also entered
into letter agreements with Ms. Arasimowicz, Mr. Bishop, Mr. Leo,
and Mr. Lisowski on July 16, 2019, with the term of such letter
agreements commencing on July 22, 2019.  The letter agreements
outline the bonus payments that may be received by these executives
under the Incentive Plan.  Each letter agreement also provides
that, if the Company terminates the executive's employment prior to
the achievement of the last milestone or the earlier termination of
the agreement, the Company will not be obligated to pay such
executive any additional sums not already paid under the Incentive
Plan.  In addition, each letter agreement provides that, if for any
reason, other than good reason (as defined in the letter
agreement), the executive resigns from the Company before the
Termination Date, such executive will be obligated to return to the
Company, within 60 days, any part of any bonus already paid to such
executive under the Incentive Plan.  Finally, each letter agreement
provides that, if the executive is terminated for cause (as defined
in the letter agreement) before the Termination Date, such
executive will be obligated to reimburse any bonus already received
under the Incentive Plan.  The Company entered into similar letter
agreements with the other bonus recipients.

                    About FuelCell Energy

FuelCell Energy, Inc. -- http://www.fuelcellenergy.com/-- delivers
fuel cell power plants that provide environmentally responsible
solutions for various applications such as utility-scale and
on-site power generation, carbon capture, local hydrogen production
for both transportation and industry, and long duration energy
storage.  The Company's systems cater to the needs of customers
across several industries, including utility companies,
municipalities, universities, government entities and a variety of
industrial and commercial enterprises.

FuelCell reported a net loss to common stockholders of $62.16
million for the year ended Oct. 31, 2018, following a net loss to
common stockholders of $57.10 million for the year ended Dec. 31,
2017.  As of April 30, 2019, the Company had $341.2 million in
total assets, $207.82 million in total liabilities, $59.85 million
in redeemable series B preferred stock, $3.16 million in redeemable
series C preferred stock, $20.54 million in redeemable series D
preferred stock, and $49.83 million in total stockholders' equity.

As of April 30, 2019, the Company had an accumulated deficit from
recurring net losses for the current and prior years.  The Company
said these factors as well as negative cash flows from operating
and investing activities and negative working capital raise
substantial doubt about the Company's ability to continue as a
going concern.

                       Bankruptcy Warning

Fuelcell Energy had warned it may be required to delay, reduce
and/or cease its operations and/or seek bankruptcy protection if
the Company is unable to obtain external financing, according to
the Company's Form 8-K filed with the Securities and Exchange
Commission on July 12, 2019.


GALINDO CUSTOM: Seeks to Hire Potts Firm as Accountant
------------------------------------------------------
Galindo Custom House Brokers, Inc., seeks authority from the U.S.
Bankruptcy Court for the Western District of Texas to employ The
Potts Firm, LLC, as accountant to the Debtor.

Galindo Custom requires Potts Firm to prepare the Federal
Corporation Income Tax Return and Texas Franchise Tax Report for
the tax years ended December 31, 2018 and December 31, 2017.

Potts Firm will be paid at these hourly rates:

         Bryan Potts              $250
         Rene Perry               $175
         Staff Accountants         $80

Potts Firm will be paid a retainer in the amount of $1,500.

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

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

Potts Firm can be reached at:

     Bryan G. Potts
     THE POTTS FIRM, LLC
     1635 NE Loop 410, Suite 605
     San Antonio, TX 78209
     Tel: (210) 775-1535
     Fax: (210) 775-1533

               About Galindo Custom House Brokers

Galindo Custom House Brokers, Inc., is a privately held company in
Del Rio, Texas, that is engaged in the business of freight
transportation arrangement.

Galindo Custom House Brokers filed a Chapter 11 petition (Bankr.
W.D. Tex. Case No. 19-50776) on April 1, 2019.  In the petition
signed by Sergio Galindo, president, the Debtor estimated $1
million to $10 million in both assets and liabilities.  Judge
Ronald B. King oversees the case.  Ronald J. Smeberg, Esq., at The
Smeberg Law Firm, PLLC, is the Debtor's counsel.


GLOBAL PARTNERS: S&P Rates New $400MM Senior Unsecured Notes 'B+'
-----------------------------------------------------------------
S&P Global Ratings assigned its 'B+' issue-level rating and '4'
recovery rating to Global Partners L.P.'s proposed $400 million
senior unsecured notes due 2027. The '4' recovery rating indicates
its expectation for average (30%-50%; rounded estimate: 30%)
recovery in the event of a payment default.

The partnership intends to use the net proceeds from these notes to
refinance its existing $375 million senior unsecured notes due 2022
and repay a portion of the outstanding borrowings under its credit
agreement. As of March 31, 2019, Global Partners had $892 million
of reported debt.

  Ratings List
  Global Partners L.P.

  Issuer Credit Rating   B+/Stable/--

  New Rating
  Global Partners L.P.

  GLP Finance Corp.
   Senior Unsecured
   US$400 mil nts due 2027 B+
     Recovery Rating      4(30%)


GOLDEN-GLO CARPET: Aug. 28 Plan Confirmation Hearing
----------------------------------------------------
The Disclosure Statement explaining the first amended plan of
reorganization of Golden-Glo Carpet Cleaners, Inc., is approved.

The hearing on confirmation of the Debtor's Plan will be held in
the United States Bankruptcy Court, Robert N.C. Nix Sr. Building,
900 Market Street, Court Room No. 2 on August 28, 2019 at 11:30
am.

August 21, 2019 is set as the deadline by which objections to
confirmation of the Plan must be filed and served.

            About Golden-Glo Carpet Cleaners

Golden-Glo Carpet Cleaners, Inc., a commercial and residential
floor cleaning andmaintenance business serving the Philadelphia
metropolitan area, was founded by Scott Goldenin 1981 and has
operated continuously in the area ever since that time.  Scott
Golden has alwaysbeen President and sole owner of the business.
Although the business names suggests that its focus is on carpet
cleaning, in reality Golden-Glo offers the broadest possible range
of janitorial services to commercial and institutional customers.
In its heyday, Golden-Glo dominated the Philadelphia area movie
theater cleaning market, cleaning as many as 35 theaters per night,
primarily members of the Regal United Artists chain but also some
AMC venues.

Golden-Glo Carpet Cleaners, Inc., filed a Chapter 11 bankruptcy
petition (Bankr. E.D. Pa. Case No. 18-17002) on Oct. 22, 2018,
disclosing under $1 million in both assets and liabilities.  The
Debtor is represented by Joseph R. Viola, Esq., at Joseph R. Viola,
P.C.


GREEN FIELDS: Taps DeConcini McDonald as Legal Counsel
------------------------------------------------------
Green Fields School received approval from the U.S. Bankruptcy
Court for the District of Arizona to hire DeConcini McDonald Yetwin
& Lacy, P.C., as its legal counsel.

The firm will provide services in connection with the Debtor's
Chapter 11 case, which include legal advice regarding its powers
and duties under the Bankruptcy Code; assistance with respect to
the sale of its assets; and the preparation of a reorganization
plan.

The firm's hourly rates are:

         Jody Corrales         $325
         Gary Urman            $330
         Kay Nelson            $295
         Lisa Anne Smith       $335
         Steven Itkin          $350
         Tyler Stanton         $210
         Paraprofessionals     $140

DeConcini does not represent any other entity having an adverse
interest in connection with the Debtor's bankruptcy case, according
to court filings.

DeConcini can be reached through:

     Jody A. Corrales, Esq.
     DeConcini McDonald Yetwin & Lacy, P.C.
     2525 East Broadway Blvd., Suite 200
     Tucson, AZ 85716-5300
     Phone: (520) 322-5000
     Fax: (520) 322-5585
     Email: jcorrales@dmyl.com

                   About Green Fields School

Green Fields School -- https://www.greenfields.org/ -- was an
independent, non-profit, coeducational school in Tucson, Arizona,
United States.  It provided educational services for elementary,
middle and high school students.  The school was closed on July 9,
2019.

Green Fields School sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 19-08642) on July 14,
2019.  At the time of the filing, the Debtor disclosed $3,116,402
in assets and $2,267,418 in liabilities.  The case is assigned to
Judge Brenda Moody Whinery.


HCA INC: Fitch Assigns BB+ Rating to $1.1BB Term Loan A-6 Due 2024
------------------------------------------------------------------
Fitch Ratings has assigned a 'BB+'/'RR1' rating to HCA Inc.'s $1.1
billion Term Loan A-6 maturing in 2024. Proceeds will be used to
refinance the Term Loan A-5 maturing in 2020. The transaction is
expected to be neutral to the company's leverage ratios. The
ratings apply to approximately $35 billion of debt at March 31,
2019. The Rating Outlook is Stable.

KEY RATING DRIVERS

Industry-Leading Financial Flexibility: HCA has for-profit hospital
industry-leading operating margins and generates consistent and
ample discretionary FCF (operating cash flows less dividends,
payments to minority interests and capex). Financial flexibility
has improved significantly in recent years as a result of organic
growth in the business and proactive management of the capital
structure.

Stable Leverage: Fitch forecasts HCA will produce cash flow from
operations of $6.4 billion in 2019 and will prioritize use of cash
for organic investment in the business, tuck-in M&A and payments to
shareholders, including a common dividend that consumes about $500
million of cash. At 3.8x at March 31, 2019, HCA's leverage is below
the average of the group of publicly traded hospital companies, and
Fitch does not believe there is a compelling financial incentive
for the company to use cash for debt reduction.

Secular Headwinds Buffet Operating Outlook: Measured by revenues,
HCA is the largest operator of for-profit acute care hospitals in
the country, with a broad geographic footprint and good depth of
care delivery assets. This favorable operating profile makes the
company relatively resilient, although not immune, to weak organic
operating trends in the for-profit hospital industry. HCA's
top-line growth has consistently outpaced most industry peers, but
secular challenges, including a shift to lower-cost care driven by
health insurer scrutiny, increasing healthcare consumerism, and
growing Medicare volumes relative to commercial volumes will be
headwinds to organic growth and profitability for the hospital
industry.

Increasing Focus on M&A: HCA has recently increased the pace of
acquisitions, which will help to bolster growth in the intermediate
term. Recent transactions have been tuck-in in nature, as HCA
follows a strategy of adding hospitals, mainly in existing markets.
The recent acquisitions of Memorial Health System in Savannah, GA
and Mission Health, in Asheville, NC represent the first new
hospital markets HCA has entered in more than a decade, signaling
openness to geographic expansion in the right situations. The
company has the financial flexibility to complete a larger
transaction that is more transformative to the operating profile,
but Fitch thinks it is more likely the company will continue to
focus on smaller targets.

Regulatory Environment In-Flux: Amidst partisan gridlock in
Washington, the Affordable Care Act (ACA) has remained a target of
legal challenges and broader healthcare reform themes will play a
dominant role in debates leading up to the 2020 presidential
election. HCA's management has stated that the company has
benefited from the ACA, and that enrollees in the ACA health
insurance marketplaces comprised 2.6% of admissions in 2017 and
2.5% in first-quarter 2018, the last data points provided.

ACA Insurance Expansion Undermined: The Trump administration has
made several changes that weaken the insurance expansion elements
of the ACA. These include removal of the individual mandate penalty
effective in 2019; an extended timeline for short-term, less
comprehensive health plans; increased state Medicaid waiver
flexibility and cuts to ACA healthcare exchange open enrolment
advertising spending. Such changes are expected to lead to small
increases in the number of uninsured and underinsured individuals
and will not influence business profiles enough to change any
ratings in the for-profit hospital industry.

DERIVATION SUMMARY

HCA's 'BB' Issuer Default Rating (IDR) reflects the company's good
financial flexibility with moderate financial leverage relative to
the other four publicly traded hospital companies (Tenet Healthcare
Corp. (B/Positive), Community Health Systems, Inc. (CCC), Universal
Health Services, Inc. (BB+/Stable), and Quorum Healthcare Corp.,
industry leading profitability and FCF generation. HCA's operating
profile is the strongest in the investor owned acute care hospital
category, benefiting from good geographic diversification and depth
of operating assets within the company's markets. The hospital
industry is facing secular headwinds to organic growth, but HCA's
hospitals are primarily located in urban or large suburban markets
that have relatively favorable prospects. The IDRs of HCA
Healthcare Inc. and HCA Inc. are the same due to strong legal and
operational ties between the entities. HCA Healthcare Inc.'s only
asset is 100% ownership of HCA Inc., which is the indirect owner of
all the operating subsidiaries. There are cross default provisions
on the debt of the two entities.

KEY ASSUMPTIONS

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

  -- Organic revenue growth of 4%-5% in 2019-2021, driven equally
     by pricing and volume.

  -- Operating EBITDA margin in 2019 is compressed by about 50bp
     versus 2018, primarily the result of integrating lower-margin
     hospitals. In 2020-2021 margins level off at around 19.2%.

  -- Fitch forecasts 2019 EBITDA before associate and minority
     dividends of $9.6 billion and 2019 FCF after associate and
     minority distributions of $2.0 billion for HCA, with capex
     of about $3.8 billion and dividend payments of about $500
     million. Higher capital spending versus historical levels
     is related to growth projects that support the expectation
     of EBITDA growth through the forecast period.

  -- Debt due in 2021 is refinanced, and the company issues debt
     to fund share repurchases and M&A, resulting in gross debt/
     EBITDA after associate and minority dividends maintained
     just under 4.0x through the forecast period.

RATING SENSITIVITIES

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

  -- The 'BB' rating considers HCA operating with leverage (total
     debt/EBITDA after associate and minority dividends) around
     4.0x with a FCF margin of 3%-4%.

  -- An upgrade to 'BB+' from 'BB' is possible if HCA maintains
     leverage (total debt/EBITDA after associate and minority
     dividends) at 3.5x or below.

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

A downgrade to 'BB-' could be caused by leverage sustained above
4.5x, but this is unlikely in the near term because these targets
afford HCA with significant financial flexibility to increase
acquisitions and organic capital investment, while still returning
a substantial amount of cash to shareholders.

LIQUIDITY AND DEBT STRUCTURE

Good Financial Flexibility: HCA's liquidity profile is solid for
the 'BB' IDR. Proceeds of the new Term Loan A-6 will address the
last remaining significant debt maturity before February 2021, when
the $1 billion unsecured, structurally subordinated HCA Healthcare,
Inc. notes are due. Pricing on the Term Loan A-6 is lower than the
Term Loan A-5 that the company is paying down with the proceeds,
which will slightly boost cash generation.

Cash on hand is typically $500 million-$600 million, with the full
amount considered 'readily available' by Fitch. HCA does not have
large cash needs for working capital or exhibit much seasonality in
cash flow. The company has $5.75 billion in revolving credit
capacity and in recent periods has maintained at least $2.0 billion
in available capacity on these credit lines.

HCA also has good flexibility under the debt agreement covenants.
The bank agreement includes a financial maintenance covenant that
limits consolidated net leverage to 6.75x or below and an
incurrence covenant for first-lien secured net leverage (includes
debt under the bank facilities and first-lien secured notes) of
3.75x. At March 31, 2019, Fitch estimates that HCA had incremental
secured first-lien debt capacity of about $13.0 billion and a 47%
EBITDA cushion under the 6.75x consolidated leverage ratio test.

Debt Issue Notching: The notes outstanding at the HCA Healthcare
Inc. (Hold Co) level are structurally subordinate to the debt
outstanding at HCA Inc. and are rated 'B+'/'RR6', two notches below
the IDR, to reflect this subordination.

The ABL facility has a first-lien interest in substantially all
eligible accounts receivable (A/R) of HCA, Inc. and the guarantors,
while the other bank debt and first-lien notes have a second-lien
interest in certain of the receivables. Due to this priority
secured interest, the ABL is rated 'BBB-', two notches higher than
the IDR. The availability on the ABL facility is based on eligible
A/R as defined per the credit agreement.

The cash flow revolver, term loans and first lien secured notes,
are rated 'BB+'/'RR1', one notch above the IDR. These obligations
are not notched up to investment grade because of a large amount of
non-guarantor value in the capital structure (operating
subsidiaries that are not guarantors of the secured debt comprise
about 40% of total assets), and a relatively lenient secured debt
incurrence covenant that allows for net secured debt/EBITDA of up
to 3.75x.


HOLLANDER SLEEP: TopOcean Objects to Disclosure Statement
---------------------------------------------------------
TopOcean Consolidation Service, Inc., objects to the approval of
the Disclosure Statement explaining the Joint Plan of
Reorganization of Hollander Sleep Products, LLC, and its
affiliates.

TopOcean complains that the Disclosure Statement does not provide
"adequate information" because it is not clear from reading the
Disclosure Statement how general unsecured claims are to be treated
under the Plan.

According to TopOcean, it is unclear how general unsecured claims
will be treated because the Disclosure Statement provides that
under either scenario (i) or (ii), general unsecured claimants will
receive their Pro Rata share, but under neither scenario do the
Debtors provide an approximation of how much money will be
available for such a distribution to creditors.

TopOcean points out that there is confusion and ambiguity
concerning the both the treatment of general unsecured claims and
whether there will be any distribution to general unsecured
creditors.

TopOcean further points out that the Disclosure Statement thus does
not contain adequate information to enable a hypothetical creditor,
or any existing general unsecured creditor, to ascertain the
proposed treatment of its claim.

Counsel for TopOcean Consolidation Service, Inc.:

     Eric S. Pezold, Esq.
     SNELL & WILMER
     600 Anton Blvd, Suite 1400
     Costa Mesa, California 92626-7689
     Tel: (714) 427-7000
     Email: epezold@swlaw.com

                   About Hollander Sleep Products

Founded in 1953 and headquartered in Boca Raton, Florida, Hollander
Sleep Products, LLC -- https://www.hollander.com/ -- designs,
manufactures, and markets utility bedding products that it sells to
a variety of prominent retailers, distributors, and hotels.
Hollander supplies bed, pillow, and mattress pad under owned and
licensed brands which include I AM, Pacific Coast Feather, Live
Comfortably, Great Sleep, Restful Nights, Beautyrest, Ralph Lauren,
Chaps, and Calvin Klein.

Hollander employs approximately 2,370 people in the United States
and Canada.

Hollander Sleep Products and its six affiliates sought Chapter 11
protection (Bankr. S.D.N.Y. Lead Case No. 19-11608) on May 19,
2019.

Hollander estimated $100 million to $500 million in assets and the
same range of liabilities.

The Debtors tapped Kirkland & Ellis LLP as counsel; Proskauer Rose
LLP as conflicts counsel; Carl Marks Advisory Group LLC as interim
management services provider; Houlihan Lokey Capital, Inc.;
Houlihan Lokey Capital, Inc., as investment banker; and Omni
Management Group as claims agent.


IDEANOMICS INC: Will Acquire 34% Interest in Glory Connection
-------------------------------------------------------------
Ideanomics, Inc. entered into an acquisition agreement on July 18,
2019, to purchase a 34% interest in Glory Connection Sdn. Bhd., a
Malaysian Company, from its shareholder Beijing Financial Holding
Limited, a Hong Kong registered company, for the consideration of
12,190,000 restricted common shares of Ideanomics (IDEX),
representing US$24,380,000 at $2.00 per share. By way of this
transaction, Ideanomics will own a least 18.70% stake of Tree
Manufacturing Sdn. Bhd., a Malaysian Company engaged in the
electric vehicle (EV) market and an EV participant in the ASEAN
market.
  
                      Termination of Agreement

Effective on July 18 2019, Ideanomics has terminated its
Acquisition Agreement with Tree Motion Sdn. Bhd., a Malaysian
company, pursuant to which the Company was to acquire 51% of Tree
Motion in exchange for 25,500,000 shares of the Company's common
stock at $2.00 per share.  Further, the Company has terminated its
Acquisition Agreement to acquire 11.22% of Tree Motion's parent
company, Tree Manufacturing Sdn. Bhd. for 12,190,000 shares of the
Company's common stock; provided, however, that the Company has
acquired 250 acres in Malaysia-China Kuantan Industrial Park
(MCKIP), the 1st Malaysia National Industrial Park joint developed
by both Malaysia and China for $620,000.

                        About Ideanomics

Ideanomics, formerly known as Seven Stars Cloud Group, Inc., is a
global fintech advisory and Platform-as-a-Service company.
Ideanomics combines deal origination and enablement with the
application of blockchain and artificial intelligence technologies
as part of the next-generation of financial services.  The company
is headquartered in New York, NY, and has offices in Beijing,
China.  It also has a planned global center for technology and
innovation in West Hartford, CT, named Fintech Village.

Ideanomics reported a net loss of $28.42 million for the year ended
Dec. 31, 2018, compared to a net loss of $10.86 million for the
year ended Dec. 31, 2017.  As of March 31, 2019, the Company had
$146.22 million in total assets, $72.26 million in total
liabilities, $1.26 million in convertible redeemable preferred
stock, and $72.69 million in total equity.

B F Borgers CPA PC, in Lakewood, Colorado, the Company's auditor
since 2018, issued a "going concern" opinion in its report dated
April 1, 2019, on the Company's consolidated financial statements
for the year ended Dec. 31, 2018, citing that the Company incurred
recurring losses from operations, has net current liabilities and
an accumulated deficit that raise substantial doubt about its
ability to continue as a going concern.


JAGUAR HEALTH: Closes $16.56 Million Underwritten Public Offering
-----------------------------------------------------------------
Jaguar Health, Inc. reports the closing of an underwritten public
offering of units for gross proceeds of $16.56 million, which
includes the full exercise of the underwriter's over-allotment
option to purchase additional shares and warrants, prior to
deducting underwriting discounts and commissions and offering
expenses payable by Jaguar.

Proceeds from the offering will be used to fund advancement of the
Company's pipeline and business development activities, repay
outstanding debt and for working capital and other general
corporate purposes.

The offering was comprised of (1) 2,886,500 Class A Units, priced
at a public offering price of $2.00 per unit, with each unit
consisting of (i) one share of the Company's voting common stock,
(ii) one Series 1 warrant to purchase one share of Common Stock
that expires on the earlier of (a) 5 years from the date of
issuance and (b) 30 calendar days following the public announcement
of Positive Interim Results (as defined in the Registration
Statement) related to the diarrhea results from the HALT-D
investigator initiated trial, if and only if certain trading
benchmarks are achieved during such 30 calendar day period, and
(iii) one Series 2 warrant to purchase one share of Common Stock
that expires on the first date on the earlier of (a) 5 years from
the date of issuance and (b) 30 calendar days following the public
announcement by the Company that a pivotal phase 3 clinical trial
using crofelemer (Mytesi, or the same or similar product with a
different name) for the treatment of cancer therapy-related
diarrhea in humans has met its primary endpoint in accordance with
the protocol, if and only if certain trading benchmarks are
achieved during such 30 calendar day period, and (2) 10,787 Class B
Units, priced at a public offering price of $1,000 per unit, with
each unit consisting of (i) one share of Series B convertible
preferred stock, convertible into 500 shares of Common Stock, (ii)
500 Series 1 Warrants and (iii) 500 Series 2 Warrants.

The Series 1 Warrants and Series 2 Warrants have an exercise price
of $2.00 and will be exercisable upon issuance for a period of five
years unless terminated earlier.  The aggregate number of shares of
Common Stock issued pursuant to the Class A Units and issuable upon
conversion of all the Series B preferred stock is 8,280,000.  The
aggregate number of warrants issued in the offering is 16,560,000.

The conversion price of the Series B preferred stock issued in the
transaction as well as the exercise price of the warrants are fixed
and do not contain any variable pricing features or any price-based
anti-dilutive features.  The preferred stock issued in this
transaction includes a beneficial ownership blocker and has no
dividend rights (except to the extent that dividends are also paid
on the Common Stock) or liquidation preference, and, subject to
limited exceptions, has no voting rights.  The securities
comprising the units are immediately separable and will be issued
separately.

Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann
Financial Services Inc., acted as sole book-running manager in
connection with the offering.

A total of 2,886,500 shares of common stock, 10,787 shares of
Series B convertible preferred stock, Series 1 warrants to purchase
up to 8,280,000 shares of common stock and Series 2 warrants to
purchase up to 8,280,000 shares of common stock were issued in the
offering, including the full exercise of the over-allotment
option.

The securities were offered pursuant to a registration statement on
Form S-1 (File No. 333-231399) that was declared effective on July
18, 2019 and an additional registration statement filed pursuant to
Rule 462(b) (File No. 333-232715), which became effective when
filed.

                      About Jaguar Health

Jaguar Health, Inc. -- http://www.jaguar.health-- is a commercial
stage pharmaceuticals company focused on developing novel,
sustainably derived gastrointestinal products on a global basis.
Its wholly-owned subsidiary, Napo Pharmaceuticals, Inc., focuses on
developing and commercializing proprietary human gastrointestinal
pharmaceuticals for the global marketplace from plants used
traditionally in rainforest areas.  Jaguar Health's principal
executive offices are located in San Francisco, California.

Jaguar Health reported a net loss of $32.14 million for the year
ended Dec. 31, 2018, compared to a net loss of $21.96 million for
the year ended Dec. 31, 2017.  As of March 31, 2019, Jaguar Health
had $40.66 million in total assets, $24.86 million in total
liabilities, $9 million in series A convertible preferred stock,
and $6.79 million in total stockholders' equity.

BDO USA, LLP, in San Francisco, California, the Company's auditor
since 2013, issued a "going concern" opinion in its report dated
April 10, 2019, on the Company's consolidated financial statements
for the year ended Dec. 31, 2018, citing that the Company has
suffered recurring losses from operations and an accumulated
deficit that raise substantial doubt about its ability to continue
as a going concern.


JANUS INTERNATIONAL: S&P Affirms 'B' ICR on Revenue, EBITDA Growth
------------------------------------------------------------------
S&P Global Ratings affirmed its 'B' issuer credit rating and
lowered the issue-level rating on Temple, Ga.-based overhead door
manufacturer, distributor, and installer Janus International Group
LLC's first-lien term debt to 'B' from 'B+'.

S&P also revised the recovery rating to '3' from '2', reflecting
its expectation for meaningful (50%-70%; rounded estimate: 60%)
recovery to first-lien lenders in the event of a default.

Janus is currently seeking an incremental senior secured term loan
of $180 million, to be combined with the company's existing
outstanding $465 million term loan due 2025.  Proceeds will be used
to repay the company's existing $100 million second-lien term loan
and to pay a $75 million dividend to its owners.

S&P said the affirmation reflects its expectation that Janus will
maintain debt leverage within a relatively narrow range of
5.0x-5.5x over the next 12 months despite the additional $80
million of incremental debt, which will be used to pay a $75
million dividend to its owners.

"The stable outlook reflects our view that continued growth in
revenues and EBITDA will be driven by strong demand and deeper
product penetration in self-storage and commercial end markets. We
expect Janus will sustain debt-to-EBITDA of about 5x and interest
coverage about 3x over the next 12 months," S&P said.  

The outlook takes into account that Janus will continue to pursue
bolt-on acquisitions to add complementary products, technological
innovations (such as "smart" locking/monitoring systems), and to
enter new regional markets. The outlook also incorporates the
current strong demand fundamentals for Janus' products as
construction of new self-storage facilities rapidly continues.

S&P said it could downgrade the company within the next year if
business conditions deteriorate (possibly due to a swift and
extreme increase in steel costs or if financing for new
self-storage construction becomes constrained) such that Janus'
EBITDA falls by 25% or more, resulting in debt leverage approaching
7x and interest coverage trending toward 2x. The rating agency
views such a scenario as improbable within the next year given
Janus' currently healthy backlog of orders and the increasing size
of its installed base, which drives replacement demand.

"Given the company's small size and niche product focus, we view an
upgrade as unlikely in the next year unless it grew significantly
and diversified its products and end markets while reducing
leverage to below 4x," S&P said.

"Incorporated into the potential for an upgrade would be our
assumption that financial sponsor ownership would be committed to
maintaining leverage at less than 4x with a low risk of
releveraging," the rating agency said.


JBS USA: Moody's Rates Proposed $1B Unsecured 10-Yr. Notes 'Ba3'
----------------------------------------------------------------
Moody's Investors Service assigned a Ba3 rating to $1 billion of
proposed unsecured 10-year notes to be co-issued by JBS USA Lux
S.A., JBS USA Finance, Inc. and JBS USA Food Company. The
co-issuers are indirect wholly-owned subsidiaries of Brazil based
JBS S.A. (Ba3 stable). The new notes will be guaranteed by the
parent and several restricted subsidiaries, excluding Pilgrim's
Pride Corporation (Ba3 stable). The other ratings of JBS USA and
the stable outlook are unaffected.

Net proceeds from the proposed notes will be distributed through
intercompany loans to JBS Investments II GmbH, a wholly-owned
subsidiary of JBS S.A. (Ba3 Stable), to be used to redeem any of
the 6.250% unsecured notes due 2023 ("2023 Notes") and 7.250%
unsecured notes due 2024 ("2024 Notes") that are tendered pursuant
to a tender offer launched concurrently with the notes offering.
The 2023 Notes and 2024 Notes were issued by JBS Investments and
are guaranteed by JBS S.A.

Separately, JBS Investments is simultaneously offering $500 million
of senior unsecured notes that will be guaranteed by JBS S.A. Net
proceeds from this offering will be used primarily for liability
management purposes, addressing shorter debt maturities and secured
debt instruments, mostly represented by trade finance lines with
Brazilian banks.

RATINGS RATIONALE

JBS USA Lux S.A.'s direct debt instruments are guaranteed by parent
company JBS S.A. As a result, the company's instrument ratings are
driven primarily by the JBS S.A. Corporate Family Rating. JBS S.A.
controls JBS USA in all material respects. Thus, Moody's expects
any future changes to the JBS USA debt instrument ratings and
ratings outlook to reflect any changes to the JBS S.A. Corporate
Family Rating and outlook.

The Brazil operations of parent company, JBS S.A., currently
generate approximately 25% of EBITDA and hold approximately 80% of
debt of the consolidated restricted entities.

Moody's has taken the following action:

Rating assigned:

JBS USA Lux S.A.:

  $1 billion Gtd. unsecured notes due 2030 at Ba3.

The outlook is stable.

The proposed notes are rated one notch below the ratings of JBS
USA's senior secured debt instruments, reflecting their collateral
subordination with respect to high-quality assets pledged to
holders of the secured debt.

JBS USA operates the US beef and pork segments and the Australian
beef, lamb and sheep operations of Brazil-based JBS S.A., the
largest protein processor in the world. JBS USA also owns a
controlling, indirect 78.6% equity interest in US-based Pilgrim's
Pride Corporation (Ba3 stable). Consolidated net sales reported for
JBS S.A.


JERRY TORRES: Taps Malaise Law Firm as New Legal Counsel
--------------------------------------------------------
Jerry Torres Properties LLC received approval from the U.S.
Bankruptcy Court for the Western District of Texas to hire Malaise
Law Firm as its new legal counsel.

Malaise will substitute for the Law Office of Nathan C. Cace, P.C.,
the firm that initially represented the Debtor in its Chapter 11
case.  The services to be provided by Malaise include legal advice
regarding its powers and duties under the Bankruptcy Code and the
preparation of a bankruptcy plan.

The firm's hourly rates are:

         Steven Cennamo      $250
         J. Todd Malaise     $250
         Legal Assistant      $60

The retainer fee is $10,000.

Steven Cennamo, Esq., at Malaise, disclosed in court filings that
he does not represent any interest adverse to the Debtor.

Malaise can be reached through:

     Steven G. Cennamo, Esq.
     Malaise Law Firm
     909 N.E. Loop 410, Suite 300
     San Antonio, TX 78209
     Phone: 210-732-6699
     Fax: 210-732-5826

                  About Jerry Torres Properties

Jerry Torres Properties, LLC, is a privately held company in San
Antonio, Texas, that operates in the restaurants industry.
          
Jerry Torres Properties sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Tex. Case No. 19-51375) on June 4,
2019.  In the petition signed by its manager, Rejinaldo Torres, the
Debtor estimated assets and liabilities of less than $10 million.
Judge Ronald B. King oversees the case.


LUXURY LIMOUSINE: Fleetway Leasing Objects to Plan Confirmation
---------------------------------------------------------------
William T. Hangley, Receiver Pendente Lite for Fleetway Leasing
Services, Inc., filed a renewed objection to the proposed Second
Amended Plan of Reorganization of Luxury Limousine Service, Inc.

Fleetway asserts that the plan does not comply with the applicable
provisions of the Bankruptcy Code, because the Plan seeks to assume
the Fleetway Leases but does not provide for curing the significant
defaults.

Fleetway complains that the Debtor does not propose to make any
payment to the Receiver on account of these defaults.

Fleetway points out that the Plan does not propose to pay the
Receiver the full amount owed of $31,178.93 (as of December 2018),
and the Receiver has not accepted the Plan, the Plan does not
comply with the requirements of Section 1129(a)(7) and cannot be
confirmed.

According to Fleetway, a plan is patently unconfirmable where (1)
confirmation 'defects [cannot] be overcome by creditor voting
results' and (2) those defects 'concern matters upon which all
material facts are not in dispute or have been fully developed at
the disclosure statement hearing.'

Attorneys for William T. Hangley, Receiver Pendent Lite for
Fleetway Leasing Company, Inc.:

     Matthew A. Hamermesh, Esq.
     HANGLEY ARONCHICK SEGAL & PUDLIN, P.C.
     One Logan Square, 27th Floor
     Philadelphia, PA 19103
     Phone: 215-568-6200
     Fax: 215-568-0300
     Email: mhamermesh@hangley.com

                 About Luxury Limousine Service

Luxury Limousine Service, Inc., sought protection under Chapter 11
of the Bankruptcy Code (Bankr. E.D. Pa. Case No. 18-13574) on May
31, 2018.  In the petition signed by Perry Camerlengo, president,
the Debtor estimated assets of less than $1 million and liabilities
of less than $1 million.  The Debtor tapped Bottiglieri Law, LLC,
as its legal counsel.


MARGIN HOLDINGS: Seeks to Hire Maciag Law as Legal Counsel
----------------------------------------------------------
Margin Holdings Ltd., LLC, seeks approval from the U.S. Bankruptcy
Court for the District of New Jersey to hire Maciag Law, LLC as its
legal counsel.

The firm will provide services in connection with the Debtor's
Chapter 11 case, which include the preparation of a plan of
reorganization.

Thaddeus Maciag, Esq., the firm's attorney who will be handling the
case, charges $475 per hour.  The hourly fee for paralegal services
is $75.   

Mr. Maciag disclosed in court filings that the firm and its
attorneys are "disinterested" as defined in Section 101(14) of the
Bankruptcy Code.

Maciag Law can be reached through:

     Thaddeus R. Maciag, Esq.
     Maciag Law, LLC
     475 Wall Street
     Princeton, NJ 08540
     Tel: 908-704-8800
     Email: MaciagLaw1@aol.com

                    About Margin Holdings Ltd.

Margin Holdings Ltd. LLC operates as an investment holding company.
On July 15, 2019, Margin Holdings sought protection under Chapter
11 of the Bankruptcy Code (Bankr. D.N.J. Case No. 19-23707).  At
the time of the filing, the Debtor estimated assets of between $1
million and $10 million and liabilities of less than $1 million.
The case is assigned to Judge Kathryn C. Ferguson.  Maciag Law,
LLC, is the Debtor's legal counsel.



MARKET STREET: GT Secured Claim Amortized Over 360 Months at 5%
---------------------------------------------------------------
Market Street Development, Inc., filed a Chapter 11 Plan and
accompanying Disclosure Statement proposing that GT Capital's
secured claim in the amount of $1,442,147, will be amortized over
360 monthly installments at 5%, with a balloon payment due in 36
months in the approximate amount of $1,239,466.

The Class of general unsecured claims are impaired. This class is
made up of the deficiency claim of GT Capital in the approximate
amount of $200,000, plus approximately $60,000 in additional
claims. These claims shall be paid at 3% in 60 equal monthly
installments without interest, commencing on the Effective Date.

The Class Macomb County Treasurer are impaired. Macomb County shall
have a secured claim of $142,147.43, which shall be paid over 60
monthly installments at 12% until paid in full.

The Debtor reasonably believes that its future operations will
generate sufficient funds to satisfy its obligations under the
Plan, in addition to new value contributions.  To the extent that
additional funds are necessary, third parties may provide those
funds to the Reorganized Debtor.  Other sources of cash may be
explored and utilized by the Reorganized Debtor to the extent that
such cash infusions are necessary to meet the obligations of the
Plan.  It is contemplated that entities related to the Debtor will
fund any necessary new value payments or shortfalls in plan and
operating expense payments.  It is also contemplated that the final
payments under the plan will be made by refinancing or selling the
property.

A full-text copy of the Combined Disclosure Statement dated July
17, 2019, is available at https://tinyurl.com/yyyyunhg from
PacerMonitor.com at no charge.

                 About Market Street Development

Based in Shelby Township, Michigan, Market Street Development,
Inc., a Single Asset Real Estate Debtor (as defined in 11 U.S.C.
Section 101(51B)), filed a voluntary Chapter 11 petition (Bankr.
E.D. Mich. Case No. 19-45966) on April 18, 2019.  The case is
assigned to Hon. Maria L. Oxholm.

The Debtor's counsel is Robert N. Bassel, Esq., in Clinton,
Michigan.

At the time of filing, the Debtor had estimated assets and
estimated debts of $1 million to $10 million.

The petition was signed by Vincent DiLorenzo, principal.


MEMORY CARE: Seeks to Hire Loeb & Loeb as Legal Counsel
-------------------------------------------------------
Memory Care America, LLC, seeks approval from the U.S. Bankruptcy
Court for the Western District of Texas to hire Loeb & Loeb LLP as
its legal counsel.

The firm will provide services in connection with the Chapter 11
cases filed by the company and its affiliates, which include legal
advice regarding their powers and duties under the Bankruptcy Code;
negotiations with creditors; assistance in connection with any
potential sale of assets or investment by a third party; and the
preparation of a bankruptcy plan.

The firm's hourly rates are:

     Partners        $850 - $860
     Associates      $425 - $750
     Paralegals      $260 - $400

The attorneys who are expected to provide the services are:

     Bernard Given       $850
     Daniel Besikof      $860
     Bethany Simmons     $750

Loeb received retainer fees in the total amount of $50,000, $12,019
for the filing fees.

Bernard Given II, Esq., a partner at Loeb, disclosed in court
filings that his firm is "disinterested" as defined in Section
101(14) of the Bankruptcy Code.

Loeb can be reached through:

     Bernard R. Given II, Esq.
     Loeb & Loeb LLP
     10100 Santa Monica Blvd., Suite 2200
     Los Angeles, CA 90067-4120
     Tel: 310-282-2000
     Fax: 310-282-2200
     Email: bgiven@loeb.com

        - and -

     Daniel B. Besikof, Esq.
     Bethany D. Simmons, Esq.
     Loeb & Loeb LLP
     345 Park Avenue
     New York, New York 10154
     Tel: 212-407-4000
     Fax: 212-407-4990
     E-mail: dbesikof@loeb.com
             bsimmons@loeb.com

                    About Memory Care America

Memory Care America, LLC and its subsidiaries --
http://www.memorycareamerica.com/--  operates care facilities for
individuals suffering from numerous forms of memory loss, including
Alzheimer's disease and dementia.

Memory Care America, LLC, sought protection under Chapter 11 of the
Bankruptcy Code (Bnakr. W.D. Tex. Lead Case No. 19-51385) on June
4, 2019.  In the petitions signed by B.J. Parrish, president, the
Debtors estimated $1 million to $10 million in assets and $10
million to $50 million in liabilities.  Bernard R. Given II, Esq.,
at Loeb & Loeb LLP, is the Debtor's counsel.



MIAH INVESTMENTS: Property Rental to Fund Plan Payments
--------------------------------------------------------
Miah Investments, LLC, filed a small business Chapter 11 plan and
accompanying disclosure statement proposing that payments and
distributions under the Plan will be funded by rents collected on
the property at 3800 Hopper, in Houston, Texas, estimated to be
$10,000 monthly.

Secured claim of: Quick Lending. Total claims of $216,00.  Monthly
payments of $2,520.00, Payment Begins in April 1, 2019. Payments
End Pursuant to the note, or until sold.

Secured claim of: Quick Lending. Total claims of $60,000. Monthly
payment of $650.00, Payment Begins in April 1, 2019,  Payments End
Pursuant to the note, or until sold.

Secured claim of: Quick Lending. Total claims of $70,000.  Monthly
payment of $653.33, Payment Begins in April 1, 2019, Payments End
Pursuant to the note, or until sold.

Secured claim of: Quick Lending. Total claims of $216,000. Payment
Begins April 1, 2019, Payments End Pursuant to the note, or until
sold.

Secured claim of: Quick Lending. Total claims of $60,000 Payment
Begins in April 1, 2019, Payments End Pursuant to the note, or
until sold.

Secured claim of: Sanj Corp. Total claims of $35,000. Payments
Begin Upon the sale of those properties Debtor will make monthly
payments of $500.00 a month until paid in full.

Secured claim of: Julia Rivers. Total claims of $560,000. Monthly
payment $10,000.00. Payment Begins in June 1, 2019, Payments End
Pursuant to the note, or until sold.

There are no General Unsecured claims against the Debtor.

A full-text copy of the Disclosure Statement dated July 17, 2019,
is available at https://tinyurl.com/yywhjok8 from PacerMonitor.com
at no charge.

                    About Miah Investment

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

It previously filed for Chapter 11 protection (Bankr. S.D. Tex.
Case No. 13-34109) on July 9, 2013.

Miah Investment sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Texas Case No. 18-36255) on Nov. 5,
2018.  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 is assigned to Judge Eduardo V. Rodriguez.  Hoff Law
Offices, P.C., is the Debtor's counsel.


MICROVISION INC: May Issue Additional 3M Shares Under 2013 Plan
---------------------------------------------------------------
MicroVision, Inc. filed a Form S-8 registration statement with the
Securities and Exchange Commission to register 3,000,000 additional
shares of common stock to be offered pursuant to the 2013
MicroVision, Inc. Incentive Plan, as amended.  A full-text copy of
the prospectus is available for free at:

                     https://is.gd/7aafB7

                       About MicroVision

Based in Redmond, Washington, MicroVision, Inc. --
http://www.microvision.com/-- is the creator of PicoP scanning
technology, an ultra-miniature laser projection and sensing
solution for mobile consumer electronics, automotive head-up
displays and other applications.  The Company's PicoP scanning
technology is based on its patented expertise in systems that
include micro-electrical mechanical systems (MEMS), laser diodes,
opto-mechanics, and electronics and how those elements are packaged
into a small form factor, low power scanning engine that can
display, interact and sense, depending on the needs of the
application.

MicroVision reported a net loss of $27.25 million for the year
ended Dec. 31, 2018, compared to a net loss of $25.48 million for
the year ended Dec. 31, 2017.  As of June 30, 2019, the Company had
$14.24 million in total assets, $18.97 million in total
liabilities, and a total shareholders' deficit of $4.73 million.

Moss Adams LLP, in Seattle, Washington, issued a "going concern"
qualification in its report on the Company's consolidated financial
statements for the year ended Dec. 31, 2018.  The auditors noted
that the Company has suffered recurring losses from operations and
has an accumulated deficit that raise substantial doubt about its
ability to continue as a going concern.


MICROVISION INC: Signs $2M Subscription Agreement with Investor
---------------------------------------------------------------
MicroVision, Inc. entered into a subscription agreement with Shmuel
Farhi, pursuant to which the Company agreed to issue and sell to
the Investor 3,044,140 shares of the Company's common stock, par
value $0.001 per share, for an aggregate purchase price of
$2,000,000.  The sale of the Shares pursuant to the Subscription
Agreement is expected to close on or about July 26, 2019.

The Company intends to use the net proceeds from the sale of the
Shares for general corporate purposes.

The Shares are being issued and sold pursuant to the Company's
registration statement on Form S-3 (Registration No. 333-228113)
declared effective by the Securities and Exchange Commission on
Nov. 13, 2018.  A prospectus supplement relating to the sale of the
Shares will be filed with the SEC.

                       About MicroVision

Based in Redmond, Washington, MicroVision, Inc. --
http://www.microvision.com/-- is the creator of PicoP scanning
technology, an ultra-miniature laser projection and sensing
solution for mobile consumer electronics, automotive head-up
displays and other applications.  The Company's PicoP scanning
technology is based on the Company's patented expertise in
micro-electrical mechanical systems (MEMS), laser diodes,
opto-mechanics, and electronics and how those elements are packaged
into a small form factor, low power scanning engine that can
display, interact and sense, depending on the needs of the
application.

MicroVision reported a net loss of $27.25 million for the year
ended Dec. 31, 2018, compared to a net loss of $25.48 million for
the year ended Dec. 31, 2017.  As of June 30, 2019, the Company had
$14.24 million in total assets, $18.97 million in total
liabilities, and a total shareholders' deficit of $4.73 million.

Moss Adams LLP, in Seattle, Washington, issued a "going concern"
qualification in its report on the Company's consolidated financial
statements for the year ended Dec. 31, 2018.  The auditors noted
that the Company has suffered recurring losses from operations and
has an accumulated deficit that raise substantial doubt about its
ability to continue as a going concern.


MOSDOS CHOFETZ: Unsecured Creditors to Recoup 5% Under Plan
-----------------------------------------------------------
Mosdos Chofetz Chaim, Inc., has filed Plan of Reorganization and
accompanying Disclosure Statement.

Class 4 Unsecured Claims are impaired. In full satisfaction,
settlement, release and discharge of the Class 4 Unsecured Claims,
the Holders of Allowed Class 4 Unsecured Claims against the Debtor
shall receive cash 5% of their Allowed Unsecured Claim on the
Effective Date.

Class 3 TBG Radin Secured Claim are impaired. The holder of the TBG
Radin Secured Claim shall receive payment on account of the Allowed
TBG Radin Secured Claim sufficient to pay the TBG Radin Secured
Claim in full or such other amount as agreed to in writing by the
Debtor and the Holder of the TBG Radin Secured Claim. The Plan and
this disclosure statement shall be served upon the New York State
Attorney General.

Payments and distributions to be made under the Plan will come
from:

   (a) donations, and to the extent such donations are
insufficient, the balance of the $900,000 will be guaranteed by
Henoch Zaks,

   (b) Yeshiva Chofetz Chaim with respect to the payments to the
Holder of the TBG Radin Secured Claim of approximately $128,000 per
month, and

   (c) such other assets as may be identified by the Debtor prior
to confirmation.

A full-text copy of the Disclosure Statement dated July 17, 2019,
is available at https://tinyurl.com/y35vbjpr from PacerMonitor.com
at no charge.

Attorneys for the Debtor:

     A. Mitchell Greene, Esq.
     Steven B. Eichel, Esq.
     Clement Yee, Esq.
     ROBINSON BROG LEINWAND
     GREENE GENOVESE & GLUCK P.C.
     875 Third Avenue
     New York, New York 10022
     Tel. No.: 212-603-6300

Mosdos Chofetz Chaim, Inc., which owns a yeshiva religious school
campus on five acres of land in Spring Valley, New York, filed a
voluntary Chapter 11 petition (Bankr. S.D.N.Y. Case No. 12-23616)
on September 6, 2012.

No official committee of unsecured creditors has been appointed in
this case by the Office of the United States Trustee.


NEOVASC INC: Regains Compliance with Nasdaq Minimum Bid Price Rule
------------------------------------------------------------------
Neovasc Inc. has received written notification from The Nasdaq
Stock Market LLC notifying the Company that it has regained
compliance with the minimum bid price requirement set forth in the
rules for continued listing on the Nasdaq Capital Market. Having
regained compliance in respect of the minimum bid price deficiency
and, as previously announced on June 25, 2019, the market value of
listed securities deficiency, Neovasc has regained compliance in
respect of all deficiency notices received from Nasdaq.

The Company received a letter from the Nasdaq in January 2019
notifying it that it was not in compliance with the minimum bid
price requirement set forth in Listing Rule 5550(a)(2) and a letter
from Nasdaq on July 17, 2019 that Neovasc regained compliance
again.  The Nasdaq Notice confirms that the Company has regained
compliance with Listing Rule 5550(a)(2) pursuant to Listing Rule
5810, as the Company's closing bid price exceeded US$1.00 for 10
consecutive business days from July 2, 2019 through July 16, 2019.

                         About Neovasc Inc.

Based in Richmond, British Columbia, Neovasc Inc. --
http://www.neovasc.com/-- is a specialty medical device company
that develops, manufactures and markets products for the rapidly
growing cardiovascular marketplace.  Its products include the
Neovasc Reducer, for the treatment of refractory angina, which is
not currently available in the United States and has been available
in Europe since 2015, and the Tiara, for the transcatheter
treatment of mitral valve disease, which is currently under
clinical investigation in the United States, Canada and Europe.

Neovasc reported a net loss of US$108.04 for the year ended Dec.
31, 2018, compared to a net loss of US$22.90 million for the year
ended Dec. 31, 2017.  As of March 31, 2019, Neovasc had US$16.09
million in total assets, US$18.89 million in total liabilities, and
a total deficit of US$2.80 million.

Grant Thornton LLP, in Vancouver, BC, the Company's auditor since
2002, issued a "going concern" opinion in its report on the
Company's consolidated financial statements for the year ended Dec.
31, 2018, stating that the Company incurred a net loss of US$108.04
million during the year ended Dec. 31, 2018, and as of that date,
the Company's liabilities exceeded its assets by US$9.67 million.
These conditions, along other matters, raise substantial doubt
about the Company's ability to continue as a going concern.


NULEAN INC: Has Until July 29 to Exclusively File Chapter 11 Plan
-----------------------------------------------------------------
Judge Michael Williamson of the U.S. Bankruptcy Court for the
Middle District of Florida extended the period during which Nulean,
Inc. alone can file a Chapter 11 plan of reorganization and
disclosure statement to July 29.  

                        About Nulean, Inc.

Nulean Inc. sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. M.D. Fla. Case No. 19-02176) on March 14, 2019. The
petition was signed by Tadeuz Sztykowski, president. At the time of
the filing, the Debtor had estimated assets and liabilities of less
than $100,000.   

The case is assigned to Judge Michael G. Williamson.  The Debtor
tapped Cole & Cole Law, P.A. as legal counsel and K Company Realty
LLC as real estate broker.

No committee of unsecured creditors has been appointed in the
Debtor's case.


OPEN ROAD: Aug. 21 Hearing on Disclosure Statement
--------------------------------------------------
Open Road Films, LLC, et al., and the official committee of
unsecured creditors intend to present the disclosure statement
explaining the jointly proposed Chapter 11 plan of liquidation, and
any amendments, supplements, changes, or modifications thereto, for
approval at a hearing before the Honorable Laurie Selber
Silverstein on August 21, 2019 at 2:00 p.m. (ET) convened at the
Bankruptcy Court, 824 North Market Street, 6th Floor, Courtroom No.
2, Wilmington, Delaware 19801.

Objections, if any, to the approval of the Disclosure Statement
must be filed and served on or before August 14, 2019 at 4:00 p.m.
(ET).

Class 4 General Unsecured Claims are impaired. each Holder of an
Allowed Class 4 General Unsecured Claim shall receive a Cash
payment equal to its Pro Rata share of the Net Distributable Estate
Assets. Allowed Class 4 General Unsecured Claims need not be paid
until after the reconciliation of all Disputed Class 4 General
Unsecured Claims.

Class 3 Prepetition Lender Claims are impaired. The Holders of
Allowed Prepetition Lender Claims shall receive in the aggregate,
in full satisfaction and release of their Prepetition Lenders
Claims and as the sole amounts to be paid by the Debtors or their
Estates on account of the Prepetition Lender Claims, the
Distributable Lender Assets.

Class 5 Subordinated Claims are impaired. Holders of Subordinated
Claims shall receive no distributions under the Plan until all
Prepetition Lender Claims and all Allowed General Unsecured Claims
have been paid in full. Because the Prepetition Lender Claims and
Allowed General Unsecured Claims are projected not to be paid in
full, Holders of Subordinated Claims are not expected to realize
any recovery under the Plan.

Class 6 Interests are impaired. each Holder of an Interest shall
retain a contingent interest in the Net Distributable Estate Assets
remaining, if any, after all Allowed Claims have been paid or
otherwise satisfied in full, plus all accrued post-petition
interest at the Federal Judgment Rate and all Plan Expenses have
been paid in accordance with the Plan. Because several Classes of
Claims are projected not to be paid in full, Holders of Interests
are not expected to realize any recovery under the Plan.

The source of all distributions and payments under the Plan will be
the Distributable Assets and the proceeds thereof, including,
without limitation, the Debtors' Cash on hand and proceeds from any
sale or other disposition of the Debtors' assets and prosecution of
Retained Rights of Action.

A full-text copy of the Disclosure Statement dated July 17, 2019,
is available at https://tinyurl.com/y5gz9bwu from PacerMonitor.com
at no charge.

Counsel for the Debtors:

     Michael R. Nestor, Esq.
     Robert F. Poppiti, Jr., Esq.
     Ian J. Bambrick
     YOUNG CONAWAY STARGATT & TAYLOR, LLP
     Rodney Square, 1000 North King Street
     Wilmington, Delaware 19801
     Tel: (302) 571-6600
     Fax: (302) 571-1253

        -- and --

     Michael L. Tuchin, Esq.
     Jonathan M. Weiss, Esq.
     Sasha M. Gurvitz, Esq.
     KLEE, TUCHIN, BOGDANOFF & STERN LLP
     1999 Avenue of the Stars, 39th Floor
     Los Angeles, CA 90067
     Tel: (310) 407-4000
     Fax: (310) 407-9090

Counsel for the Official Committee of Unsecured Creditors:

     Robert J. Feinstein
     Maxim B. Litvak
     Colin R. Robinson
     PACHULSKI STANG ZIEHL & JONES LLP
     919 Market Street, 17th Floor
     P.O. Box 8705
     Wilmington, Delaware 19899-8705
     Tel: (302) 652-4100
     Fax: (302) 652-4400

                      About Open Road

Open Road Films, LLC, together with its affiliated debtors, is an
independent distributor of motion pictures in the United States and
licenses motion pictures in ancillary markets, principally to home
entertainment, pay television, subscription and transactional
video-on-demand, free television, and other non-theatrical
entertainment distribution markets.

Open Road Films, LLC, and its affiliates sought Chapter 11
protection (Bankr. D.Del. Lead Case No. 18-12012) on Sept. 6, 2018.
Open Road estimated assets and debt of $100 million to $500
million.

The Hon. Laurie Selber Silverstein is the case judge.

Young Conaway Stargatt & Taylor, LLP, led by Robert F. Poppiti,
Jr., Esq., Michael R. Nestor, Esq., Sean M. Beach, Esq., Ian J.
Bambrick, Esq. serves as counsel to the Debtors.  Klee, Tuchin,
Bogdanoff & Stern LLP, led by Michael L. Tuchin, Esq., Jonathan M.
Weiss, Esq., Sasha M. Gurvitz, Esq. also serves as counsel to the
Debtors.  FTI Consulting, Inc. acts as restructuring advisors and
Donlin Recano & Company is claims and noticing agent to the
Debtors.

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors on September 14, 2018.  The committee tapped
Pachulski Stang Ziehl & Jones LLP as its legal counsel.


OUTLOOK THERAPEUTICS: Joerg Windisch Quits as Director
------------------------------------------------------
Joerg Windisch, Ph.D., notified Outlook Therapeutics, Inc. on July
18, 2019, of his decision to resign, effectively immediately, as a
Class II member of the Company's Board of Directors.  Dr. Windisch
indicated that his decision to resign from the Board was not a
result of any disagreement with the Company on any matter relating
to the Company's operations, policies or practices, according to a
Form 8-K filed by Outlook Therapeutics with the Securities and
Exchange Commission.

                   About Outlook Therapeutics

Outlook Therapeutics, Inc., formerly known as Oncobiologics, Inc.
-- http://www.outlooktherapeutics.com/-- is a clinical-stage
biopharmaceutical company focused on developing its lead clinical
program, ONS-5010, a proprietary ophthalmic bevacizumab product
candidate for the treatment of wet age related macular degeneration
(wet AMD).  ONS-5010 is currently in its first clinical trial,
which is being conducted outside of the U.S. and is designed to
serve as the first of two adequate and well controlled studies for
wet AMD.

Outlook Therapeutics reported a net loss attributable to common
stockholders of $48.01 million for the year ended Sept. 30, 2018,
compared to a net loss attributable to common stockholders of
$40.02 million for the year ended Sept. 30, 2017.  As of March 31,
2019, Outlook Therapeutics had $17.17 million in total assets,
$40.21 million in total liabilities, $5.03 million in total
convertible preferred stock, and a total stockholders' deficit of
$28.08 million.

KPMG LLP's report on the consolidated financial statements for the
year ended Sept. 30, 2018, includes an explanatory paragraph
stating that the Company has incurred recurring losses and negative
cash flows from operations and has an accumulated deficit of $216.3
million, $13.5 million of senior secured notes that may become due
in fiscal 2019 and $4.6 million of unsecured indebtedness, $1.0
million of which is due on demand, and $3.6 million of which
matures Dec. 22, 2018, that raise substantial doubt about its
ability to continue as a going concern.


PALM HEALTHCARE: Selling Interloc-MRE Properties for $2.3M
----------------------------------------------------------
Interloc Properties, LLC and Miami Real Estate Trust, LLC,
affiliates of Palm Healthcare Co., ask the U.S. Bankruptcy Court
for the Southern District of Florida to authorize the sale of (a)
Interloc's real properties (i) located at 160 SE 6th Ave A1 Delray
Beach, Florida to Jordan Kuppinger and Patrick Henry Tyrance and/or
their nominees or assigns for $1.4 million, and (ii) located at
15915 SW 8th Avenue, Delray Beach, Florida to Emily Mirowski for
$285,000; and (b) MRE's real property located at 1558 NE 162 St
North Miami Beach, Florida, to Strategic Capital Alliance, LLC for
$650,000.

Prior to the filing of the chapter 11 petition, Interloc entered
into a Commercial Contract for the sale of the Interloc Property to
its Buyers and/or their nominees or assigns for $1.4 million.  A
$100,000 deposit has been paid and the Interloc Contract is due to
close on Aug. 9, 2019.   The 2018 tax appraised value of the
Interloc Property is $510,475 and the property was purchased in
April, 2004 for $950,000.  It is an arms'-length transaction.  The
Interloc Contract provides for a 4% broker's commission to the
Buyers' broker, The Corcoran Group.

Prior to the filing of the chapter 11 petition, Interloc entered
into an "As Is" Residential Contract For Sale and Purchase for the
sale of the Second Interloc Property to its Buyer for $285,000.  A
$12,000 deposit has been paid and the Second Interloc Contract is
due to close on Aug. 8, 2019.  The 2018 tax appraised value of the
Second Interloc Property is $151,537 and the property was purchased
in July, 2006 for $325,000.  It is an arms'-length transaction.
The Second Interloc Contract provides for a 6% broker's commission
to be split between the listing broker, Balistreri Real Estate, and
cooperating broker, Mangrove Realty, Inc.

Prior to the filing of the chapter 11 petition, MRE entered into a
Commercial Contract for the sale of the MRE Property to its Buyer
for $650,000.  A $65,000 deposit has been paid the MRE Contract is
due to close on July 29, 2019.  The 2019 tax appraised value of the
MRE Property is $527,272 and the property was purchased in 2012 for
$479,587.  It is an arms'-length transaction.  The MRE Contract
provides for the payment of a 1% commission to the Seller's broker,
JD Winston, LLC, and a 2% broker's commission to the Buyer's
broker, Edwards Realty and Lighthouse Realty.

The Debtors ask approval and authorization from the Court to assume
the Interloc Contract, the Second Interloc Contract and the MRE
Contract and to proceed with the sales described therein free and
clear of any liens, claims, interests, encumbrances, with any such
liens, claims and encumbrances to attach to the proceeds of sale.
The Debtors ask approval to pay all necessary and customary closing
costs in connection with the sales and to pay the brokers'
commissions described.

The Debtors are parties to an Amended and Restated Credit Agreement
dated July 3, 2014, as amended pursuant to which the Debtors owe
certain amounts to participating lenders Fifth Third Bank, City
National Bank, and Cadence Bank, which indebtedness is secured by
first mortgages on the Interloc Property, the Second Interloc
Property and the MRE Property.  Fifth Third Bank is the
Administrative Agent pursuant to the Loan Agreement.  They ask
authorization to pay the net sales proceeds from the sales to Fifth
Third Bank, as Administrative Agent.  The current debt due under
the Loan Agreement is approximately $17.5 million and the net sales
proceeds paid to Fifth Third Bank, as Administrative Agent, from
these three sales will exceed $2 million, thereby reducing the
Debtors' debt obligations.  The Debtors estimate that the value of
the remaining collateral for the debt to Fifth Third Bank exceeds
the amount due.

Subject to the terms and conditions of the set forth in the Motion,
the Debtors in the sound exercise of their business judgment have
concluded that consummation of the sale of the properties to the
proposed buyers will best maximize the value of the estate for the

benefit of creditors.  The Debtors respectfully assert that ample
business justification exists for the sales.   

As the contracts require closings on July 29, 2019, Aug. 8, 2019,
and Aug. 9, 2019, the Debtors request that the stay imposed by
Bankruptcy Rule 6004(h) be waived.

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

        http://bankrupt.com/misc/Palm_Healthcare_24_Order.pdf  

                     About Palm Healthcare

Palm Healthcare Company -- http://palmhealthcare.com/-- owns and
operates an addiction treatment center in Delray Beach, Florida.
The Company's treatment programs are structured as a combination of
12-Step model, cognitive therapy, behavioral therapy, holistic
modalities and aftercare services.

Palm Healthcare Company (Bankr. S.D. Fla. Case No. 19-19156) and
affiliates Palm Partners, LLC (Bankr. S.D. Fla. Case No. 19-19161),
Interloc Properties, LLC (Bankr. S.D. Fla. Case No. 19-19163), and
Miami Real Estate Trust, LLC (Bankr. S.D. Fla. Case No. 19-19164),
sought Chapter 11 protection on July 11, 2019.

In the petitions signed by Peter Harrigan, president, Palm
Healthcare estimated assets and liabilities in the range of $0 to
$50,000; and Palm Partners estimated assets of up to $50,000, and
$1 million to $10 million in debt.  The cases are assigned to Judge
Erik P. Kimball.

The Debtors tapped Robert C. Furr, Esq., at Furrcohen P.A., as
counsel.



PES HOLDINGS: Files for Bankruptcy, Has $100MM Funding
------------------------------------------------------
PES Energy Inc. and its subsidiaries, including its principal
operating subsidiary, Philadelphia Energy Solutions Refining and
Marketing LLC, filed for bankruptcy protection under Chapter 11 of
the United States Bankruptcy Code and entered into a proposed
debtor-in-possession financing agreement with holders of the
Company's outstanding term loan debt providing for up to $100
million in new funding.

According to a statement, this proposed financing provides the
Company with a strong financial foundation to support existing
operations, undertake the work necessary to ensure the refinery
complex is safely positioned for rebuilding and restart and
complete its reorganization process.

With the proposed Financing Agreement, the Company will work with
its stakeholders toward a restructuring implemented through a
Chapter 11 Plan.  The Company expects to establish an orderly
process for the evaluation of a range of potentially
value-maximizing transactions in the weeks ahead and to work
expediently with its insurers, stakeholders, and third parties
toward its goal of reaching a consensual Plan, rebuilding the
damaged infrastructure and resuming refining operations.

"T[he] agreement provides PES Energy with the additional financing
and liquidity necessary to ensure we can safely wind down our
refining operations and, with the support of our insurers and
stakeholders, best position the Company for a successful
reorganization, the rebuilding of our damaged infrastructure, and a
restart of our refining operations.  We will continue our ongoing
cooperation with the federal, state and city governmental agencies
investigating the June 21 accident and thank them and our employees
for their diligent efforts at this difficult time.  The success of
our plan is critical to energy supply and security for the region,
the Commonwealth of Pennsylvania and the City of Philadelphia,"
said Mark Smith, Chief Executive Officer of PES Energy.

Since inception in 2012, PES Energy and its owners have invested
substantial capital to improve the Philadelphia refining complex.
As a result, PES Energy has been able to continue to supply
essential refined products to the Northeast region.  However, the
recent fire and explosions at the Company's alkylation unit caused
substantial property damage, impacted the Company's liquidity, and
caused the recent suspension of refining operations at the complex.
The Company will work on a comprehensive resolution with its
stakeholders and insurers in the weeks ahead with the goal of
rebuilding the damaged facilities.

Continued Mr. Smith, "I would also like to thank our lenders and
equity holders for their support throughout this process and the
challenges of recent weeks.  We also greatly appreciate the
unwavering loyalty of our employees and their continued support."
The Company's legal advisor in connection with the restructuring is
Kirkland & Ellis LLP.  Alvarez & Marsal serves as its restructuring
advisor. PJT Partners is the Company's investment banker.  The
Company's proposed DIP Financing lenders are represented by Davis
Polk & Wardwell LLP and Houlihan Lokey Capital, Inc.

                   About PES Energy

Headquartered in Philadelphia, Pennsylvania, PES Holdings LLC and
its subsidiaries are owners and operators of oil refining complex
and have been continuously operating in some form for over 150
years.

PES Energy Inc. is the indirect parent company of Philadelphia
Energy Solutions Refining and Marketing LLC (PESRM).  PESRM owns
and operates the Point Breeze and Girard Point oil refineries
located on an integrated, 1,300-acre refining complex in
Philadelphia.

PES Holdings, LLC, and seven subsidiaries, including PES Energy,
sought Chapter 11 protection (Bankr. D. Del. Lead Case No.
19-11626) on July 21, 2019.

PSE Holdings estimated $1 billion to $10 billion in assets and the
same range of liabilities as of the bankruptcy filing.

The Debtors tapped KIRKLAND & ELLIS LLP as general bankruptcy
counsel; PACHULSKI, STANG, ZIEHL & JONES LLP as local bankruptcy
counsel; PJT PARTNERS LP as financial advisor; and ALVAREZ & MARSAL
NORTH AMERICA, LLC, as restructuring advisor.  OMNI MANAGEMENT
GROUP, INC., is the notice and claims agent.


PES HOLDINGS: Moody's Lowers Prob. of Default Rating to D-PD
------------------------------------------------------------
Moody's Investors Service downgraded PES Holdings, LLC's
Probability of Default Rating to D-PD from Ca-PD. The Ca Corporate
Family Rating, Caa1 Tranche A first lien term loan facility rating
and its Ca Tranche B and Tranche C first lien term loan facility
ratings were affirmed. The rating outlook remains negative.

Subsequent to the actions, Moody's will withdraw the ratings due to
PES's bankruptcy filing.

Downgrades:

Issuer: PES Holdings, LLC

  Probability of Default Rating, Downgraded to D-PD from Ca-PD

Outlook Actions:

Issuer: PES Holdings, LLC

  Outlook, Remains Negative

Affirmations:

Issuer: PES Holdings, LLC

  Corporate Family Rating, Affirmed Ca

  Senior Secured Term Loan A, Affirmed Caa1 (LGD4)

  Senior Secured Term Loan B, Affirmed Ca (LGD4)

  Senior Secured Term Loan C, Affirmed Ca (LGD4)

RATINGS RATIONALE

The downgrade of the PDR was prompted by PES's July 22, 2019
announcement that it had initiated Chapter 11 bankruptcy
proceedings. The bankruptcy filing is a result of the massive fire
on June 21, 2019 at the alkylation unit at PES's larger Girard
Point refinery, with 60% of PES's 335,000 barrels per day of
refining capacity, and the company's subsequent decision to cease
refining operations.

PES Holdings, LLC owns two primary operating subsidiaries, PESRM
and North Yard Logistics, L.P. (North Yard). PESRM owns a refinery
complex in Philadelphia with two refineries, Girard Point and Point
Breeze. North Yard provides rail unloading services to PESRM.


PES HOLDINGS: Returns to Chapter 11 After June Explosion
--------------------------------------------------------
PES Holdings LLC and its subsidiaries returned Chapter 11
bankruptcy after only one year due to a catastrophic explosion at
their Girard Point refining facility last month.

The Company's principal asset is a refining complex located on an
approximately 1,300 acre industrial site 2.5 miles from downtown
Philadelphia.  The refining complex site has been used for
petroleum refining since the 1800s under multiple owners and
operators.  The refining complex produces a full range of
transportation fuels, such as gasoline and ultra-low sulfur diesel,
as well as other refined products, including home heating oil, jet
fuel, kerosene, residual fuel oil, propane, refinery grade
propylene, butane, cumene, and sulfur.  These products are marketed
and distributed by truck, rail, pipeline, and waterborne vessels
throughout the northeastern United States, and by waterborne
vessels to international markets.

When fully operational, the refining complex consisted of two
separate refineries with a combined distillation and refining
capacity of approximately 335,000 barrels of crude oil per day,
which represented approximately 28% of the crude oil refining
capacity of the United States' east coast -- a region otherwise
known as the Petroleum Administration for Defense District I ("PADD
I").  Until recent events, the Refining Complex employed
approximately 1,100 individuals.

On Jan. 21, 2018, the Debtors filed petitions for relief under the
Bankruptcy Code, primarily due to challenging macroeconomic trends
in the energy sector and regulatory compliance costs that penalize
independent merchant refiners.  On Aug. 7, 2018, the Debtors
successfully emerged from the Prior Chapter 11 Cases pursuant to a
plan of reorganization that (i) secured a capital infusion of
approximately $260 million; (ii) extended the Debtors' debt
maturities through 2022; (iii) reduced the Debtors' anticipated
debt service obligations by approximately $35 million per year;
(iv) provided the Debtors with access to a new intermediation
facility; and (v) provided the Debtors with relief from certain
regulatory obligations.  

After the Prior Chapter 11 cases, the Debtors conducted a complex
multi-stage operational and legal implementation of their
intermediation facility with ICBCS.  The Debtors completed this
process on June 18, 2019.  Given the challenging commodity and
regulatory environment in which the Debtors operate, the
implementation of the new intermediation facility was a major step
forward for the Debtors.  This momentum was lost days later when,
early on June 21, 2019, the Debtors suffered a historic,
large-scale, catastrophic incident involving an explosion at the
alkylation unit at their Girard Point refining facility.

As a result of the Incident, the Girard Point refinery is currently
inoperable and will require an extensive rebuild.  The Girard Point
Incident left the Debtors significantly impaired, with an ability
to operate at a severely limited capacity through the Point Breeze
refinery.  The significant fixed costs and obligations of operating
the Refining Complex, weighed against the Debtors' reduced
capacity, would have consumed over $100 million in liquidity within
a few short weeks and precipitated the filing of the new chapter 11
cases.

Faced with these challenging circumstances, the Debtors immediately
began working with their stakeholders on their liquidity and the
path ahead.  To assist them with these efforts, the Debtors
retained Kirkland & Ellis LLP ("K&E") as their legal advisors, PJT
Partners Inc. ("PJT") as their investment bankers, and Alvarez &
Marsal North America, LLC ("A&M") as their restructuring advisors.

The Debtors took immediate steps to reduce their workforce and
manage their payables to preserve liquidity while ensuring
adherence to health, safety, and environmental obligations.

The Debtors also immediately began a process to engage with their
insurers -- as it relates to property and business interruption
insurance claims for the losses caused by the Girard Point Incident
-- to advance a dialogue toward an immediate advance and a global
resolution that will allow the Debtors to restore their operations.
The Debtors have yet to obtain such an advance.  But they were
ultimately successful in securing a debtor in possession financing
facility from their Term Loan Lenders, and are in discussions to
obtain a second facility from their Intermediation Lender, to fund
these chapter 11 cases.

The Debtors intend to use the tools of chapter 11 to engage with
their stakeholders, insurers, and third parties around a
value-maximizing plan transaction and seek to preserve and restore
the operations of their refinery and maximize the value of their
assets.

                  Prepetition Capital Structure

As of the Petition Date, the Debtors' funded debt consists of (i) a
senior secured term loan facility dated Aug. 7, 2018 (the "Term
Loan Facility"), in an aggregate outstanding amount of
approximately $698.6 million; (ii) a promissory note dated August
7, 2018 ("SXL Promissory Note"), in an outstanding amount of $75.0
million; (iii) an installment sale and purchase agreement (the "NGL
Installment Sale Agreement") with NGL as seller, in an outstanding
amount of $26.4 million, and (iv) an intermediation facility, dated
Aug. 7, 2018 (as amended, modified, or supplemented in accordance
with the terms thereof, the "Intermediation Facility"), with
Merrill Lynch Commodities, Inc. ("MLC") and ICBC Standard Bank PLC
("ICBCS"), in an outstanding amount estimated at approximately
$950.0 million as of July 8, 2019.

The Debtors' capital structure as of June 30, 2019, consists of:

                                 Maturity   Outstanding  Interest
                                 --------   -----------  --------
PES Holdings:
  Tranche A                      12/31/22  $120,000,000    8.85%
  Tranche A-2                     2/11/22   $59,738,319    10.6%
  Tranche B                      12/31/22   $77,500,000     7.1%
  Tranche C                      12/31/22  $441,401,332   10.09%
                                         --------------
    Total PES Holdings Debt                $698,639,651

PESRM:

  SXL Promissory Note             8/07/28   $75,000,000    8.30%
  NGL Installment Sale Agreement  4/30/21   $26,441,365   12.00%
  Intermediation Facility         Rolling  $950,000,000    N/A
                                         --------------
    Total PESRM Debt                     $1,051,441,365
                                         --------------
    Total Debt                           $1,750,081,016

                         About PES Energy

Headquartered in Philadelphia, Pennsylvania, PES Holdings LLC and
its subsidiaries are owners and operators of oil refining complex
and have been continuously operating in some form for over 150
years.

PES Energy Inc. is the indirect parent company of Philadelphia
Energy Solutions Refining and Marketing LLC (PESRM).  PESRM owns
and operates the Point Breeze and Girard Point oil refineries
located on an integrated, 1,300-acre refining complex in
Philadelphia.

PES Holdings, LLC, and seven subsidiaries, including PES Energy,
sought Chapter 11 protection (Bankr. D. Del. Lead Case No.
19-11626) on July 21, 2019.

PSE Holdings estimated $1 billion to $10 billion in assets and the
same range of liabilities as of the bankruptcy filing.

The Debtors tapped KIRKLAND & ELLIS LLP as general bankruptcy
counsel; PACHULSKI, STANG, ZIEHL & JONES LLP as local bankruptcy
counsel; PJT PARTNERS LP as financial advisor; and ALVAREZ & MARSAL
NORTH AMERICA, LLC, as restructuring advisor.  OMNI MANAGEMENT
GROUP, INC., is the notice and claims agent.

The Company's proposed DIP Financing lenders are represented by
DAVIS POLK & WARDWELL LLP and HOULIHAN LOKEY CAPITAL, INC.


PROTEA BIOSCIENCES: Oct. 11 Hearing on Disclosure Statement
-----------------------------------------------------------
A hearing of the Disclosure Statement explaining the Chapter 11
Plan of Protea Biosciences, Inc., and Protea Biosciences Group,
Inc., will be held on October 11, 2019, at 10:00 a.m., in the L.
Edward Friend II Bankruptcy Courtroom, located on the third floor
of the U.S. Courthouse, 1125 Chapline Street, Wheeling, West
Virginia.  September 30, 2019, is fixed as the last day for filing
with the Court and serving written objections to confirmation of
the Chapter 11 Plan.

                    About Protea Biosciences

Headquartered in Morgantown, West Virginia, Protea Biosciences Inc.
-- https://www.proteabio.com/ -- is a bioanalytics technology
company that provides analytical and diagnostic solutions for the
rapid and direct identification, mapping and display of the
molecules present in living cells and biological samples.

Protea Biosciences, Inc., and its affiliate Protea Biosciences
Group, Inc., sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. W.Va. Case Nos. 17-01200 and 17-01201) on Dec. 1,
2017.

At the time of the filing, Protea Biosciences disclosed $5.16
million in assets and $13.64 million in liabilities.  Protea
Biosciences Group disclosed $2.7 million in assets and $18.2
million in liabilities.

Judge Patrick M. Flatley presides over the case.  

The Debtors hired Buchanan Ingersoll & Rooney PC as their legal
counsel; and Compass Advisory Partners, LLC, as their restructuring
advisor.


QUOTIENT LIMITED: Grants 28,517 Stock Options to CEO
----------------------------------------------------
Quotient Limited, on July 16, 2019, granted to Franz Walt, the
Company's chief executive officer, 28,517 options to purchase
ordinary shares of the Company at an exercise price of $10.52.
These Options were originally expected to be granted on May 24,
2019, as previously disclosed in the Company's current report on
Form 8-K, filed Nov. 6, 2018.

                      About Quotient Limited

Penicuik, United Kingdom-based Quotient Limited is a
commercial-stage diagnostics company committed to reducing
healthcare costs and improving patient care through the provision
of innovative tests within established markets.  With an initial
focus on blood grouping and serological disease screening, Quotient
is developing its proprietary MosaiQTM technology platform to offer
a breadth of tests that is unmatched by existing commercially
available transfusion diagnostic instrument platforms.  The
Company's operations are based in Edinburgh, Scotland; Eysins,
Switzerland and Newtown, Pennsylvania.

Quotient Limited reported a net loss of $105.4 million for the year
ended March 31, 2019, a net loss of $82.33 million for the year
ended March 31, 2018, and a net loss of $85.06 million for the year
ended March 31, 2017.  As of March 31, 2019, the Company had $177.8
million in total assets, $176.05 million in total liabilities, and
$1.71 million in total shareholders' equity.


RICHARDSON ACQUISITIONS: Taps Steinberg Shapiro as Legal Counsel
----------------------------------------------------------------
Richardson Acquisitions Group, Inc., received approval from the
U.S. Bankruptcy Court for the Eastern District of Michigan to hire
Steinberg Shapiro & Clark as its legal counsel.

The firm will provide legal services in connection with the
Debtor's Chapter 11 case and will charge the Debtor at these
rates:

     Mark Shapiro     $350 per hour
     Tracy Clark      $275 per hour
     Legal Assistant   $95 per hour  

The Debtor paid Steinberg a retainer of $15,000 prior to its
bankruptcy filing.

Mark Shapiro, Esq., at Steinberg, disclosed in court filings that
the firm and its members are "disinterested" as defined in Section
101(14) of the Bankruptcy Code.

Steinberg can be reached through:

     Mark H. Shapiro, Esq.
     Steinberg Shapiro & Clark
     25925 Telegraph Road, Suite 203
     Southfield, MI 48033
     Phone: 248-352-4700
     Email: shapiro@steinbergshapiro.com

                About Richardson Acquisitions Group

Richardson Acquisitions Group, Inc., owns and operates a machine
shop in Walled Lake, Mich.  Richardson Acquisitions Group filed its
voluntary petition for relief under Chapter 11 of the Bankruptcy
Code (Bankr. E.D. Mich. Case No. 19-48340) on June 4, 2019.  In the
petition signed by Mason Richardson, president, the Debtor
estimated $500,000 to $1 million in assets and $1 million to $10
million in liabilities.  Judge Maria L. Oxholm oversees the case.
Mark H. Shapiro, Esq., at Steinberg Shapiro & Clark, is the
Debtor's counsel.


S.T.A.P. INDUSTRIES: $647K Sale of Louisville Properties Approved
-----------------------------------------------------------------
Judge Thomas H. Fulton of the U.S. Bankruptcy Court for the Western
District of Kentucky authorized S.T.A.P. Industries, Inc.'s sale of
(i) the business assets of Debtor used in the operation of its
aviation machine tooling, fabrication, and repair station business
in Louisville, Kentucky to ROFO, LLC for $297,000; and (ii) the
real estate commonly known as 461 and 465 Downes Terrace,
Louisville, Kentucky to First Class Asset Management, LLC ("FCAM")
$350,000.

The sale is free of all liens and encumbrances, including
specifically but without limitation the liens, mortgages, claims
and encumbrances of Stock Yards Bank & Trust Company, the Internal
Revenue Service, the Kentucky Department of Revenue, the U.S. Small
Business Administration, Louisville Metro Revenue Commission, any
alleged lien asserted by Brian S. Mazar or American Fortune Mergers
& Acquisitions, and any other claim of any other creditor of the
Debtor.  All liens or claims of any creditor of the Debtor will be
released or discharged as to the Assets only and will attach to the
Purchase Price.

The Real Estate Purchase Price, net of closing costs allocated to
the Debtor, be distributed by a closing agent based on the
following priorities:
  
     (i)  To the Administrator of the Small Business
Administration, through the U.S. Attorney’s Office in the Western
District of Kentucky, in the amount of in the amount of $27,459.63
(if paid on or before July 31, 2019, or plus $2.76 per day after
July 31, 2019) as full payment on the note secured by that certain
mortgage recorded in Mortgage Book 6533, Page 40, in the office
aforesaid and as  full payment on the note secured by that certain
mortgage recorded in Mortgage Book 6665, Page 998, in the office
aforesaid;

     (ii)  To Stock Yards Bank & Trust Co. in the amount of
$227,620 (if paid on or before July 31, 2019, or plus $47.46 per
day after July 31, 2019, and any attorney fees or other recoverable
costs incurred by Stock Yards Bank & Trust Company after July 31,
2019)  as full payment on the note secured by that certain mortgage
recorded in Mortgage Book 9357, Page 624, and modified in Mortgage
Book 12003, Page 540 and Mortgage Book 12992, Page 146, all in the
office of the Clerk of the Court of Jefferson County, Kentucky;

     and (iii) All remaining proceeds will be held in escrow by
Seiller Waterman, LLC, counsel for the Debtor, in escrow and
subject to further Order of the Court regarding the priority of the
claims to the remaining sale proceeds from the Real Estate.

Upon payment of the Real Estate Purchase Price by FCAM to the
closing agent, each creditor referenced will file a release or
discharge of each of their respective referenced liens from the
Real Estate, with the Clerk of the Court of Jefferson County,
Kentucky.  Further, Stock Yards Bank & Trust will file releases of
the following:  (a)  that certain mortgage recorded in Mortgage
Book 4945, Page 618, as extended in Mortgage Book 8319, Page 337,
both in the office of the Clerk of the Court of Jefferson County,
Kentucky; (b) that certain mortgage recorded in Mortgage Book 6943,
Page 362, and modified in Mortgage Book 8262, Page 146, both in the
office of the Clerk of the Court of Jefferson County, Kentucky; and
(c) that certain Lis Pendens filed in Miscellaneous Liens and
Encumbrance Book 1884, Page 273 in the office aforesaid and dismiss
with prejudice the underlying litigation.

The Business Purchase Price, net of closing costs allocated to the
Debtor, be distributed by a closing agent based on the following
priorities:

     (i)  To the United States Trustee, in the amount of $5,850 for
the payment of the UST’s quarterly fee obligations;

     (ii)  To Seiler Waterman, LLC in the amount of $15,000 for the
Debtor's counsel fee; and

     (iii)   All remaining proceeds to the U.S. Department of the
Treasury, Internal Revenue Service, through the U.S. Attorney's
Office in the  Western District of Kentucky by virtue of the Notice
of Federal Tax Liens of record in Miscellaneous Liens and
Encumbrance Book 1015, Page 956, Book 1462, Page 835, Book 1560,
Page 562, Book 1590, Pages 893,894, and 899, Book 1651, Page 746,
Book 1697, Page 304, Book 1799, Page 589, Book 1975, Page 66, Book
2014, Pages 353 and 355, and Book 2027, Page 982, all in the office
aforesaid.

The Court finds that Brian S. Mazar and/or American Fortune Mergers
and Acquisitions, LLC is entitled to no compensation pursuant to
that certain Engagement Agreement dated April 10, 2018 and that any
security interest or lien on the Assets referenced therein is
extinguished.

The 14-day stay contemplated by Rule 6004(h) is waived.
    
                    About S.T.A.P. Industries

S.T.A.P. Industries, Inc. is an FAA approved repair station and
EASA Approved located in Louisville, Kentucky.  It provides various
services to the aviation industry, which include custom machine
tooling and fabrication, manufacture of non-powered aviation
ground
support equipment, repair and overhaul of cargo handling systems,
and consignment inventory of cargo handling systems for the world's
largest cargo airlines.

S.T.A.P. Industries filed a voluntary Chapter 11 petition (Bankr.
W.D.K.Y. Case No. 19-30762) on March 14, 2019.  The case is
assigned to Judge Thomas H. Fulton.  David M. Cantor, Esq., at
Seiller Waterman LLC, is the Debtor's counsel.




S2P ACQUISITION: Moody's Assigns B3 CFR & Rates New Sec. Loans B2
-----------------------------------------------------------------
Moody's Investors Service assigned new ratings to S2P Acquisition
Borrower, Inc., including a B3 Corporate Family Rating and a B3-PD
Probability of Default Rating. Concurrently, Moody's assigned B2
ratings to the company's proposed $80 million senior secured
revolving credit facility and $510 million senior secured first
lien term loan. The outlook is stable.

Proceeds from the proposed $510 million first lien term loan,
euro-denominated $205 million second lien notes (unrated) and new
sponsor equity will be used to fund the acquisition of the company
by Cinven from Accel-KKR.

"Jaggaer's second leveraged buyout significantly increases its debt
load, bringing pro forma leverage up to 9.4x and weakening free
cash flow generation," said Moody's Analyst Mariya Moore. "While
leverage is expected to stay elevated over the next 12-18 months,
the company benefits from highly recurring revenues, a strong
product offering and a diversified client base that somewhat
mitigate the inherent financials risks", she added.

Assignments:

Issuer: S2P Acquisition Borrower, Inc.

Corporate Family Rating, Assigned B3

Probability of Default Rating, Assigned B3-PD

Senior Secured First Lien Revolving Credit Facility,
Assigned B2 (LGD3)

Senior Secured First Lien Term Loan, Assigned B2 (LGD3)

Outlook Actions:

Issuer: S2P Acquisition Borrower, Inc.

Outlook, Assigned Stable

The following ratings for SciQuest, Inc. are unchanged and will be
withdrawn upon closing of the proposed transaction and concurrent
repayment in full of the existing debt:

Issuer: SciQuest, Inc.

Corporate Family Rating, currently B3

Probability of Default Rating, currently B3-PD

Gtd Senior Secured First Lien Revolving Credit
Facility, currently B3 (LGD4)

Gtd Senior Secured First Lien Term Loan, currently
  B3 (LGD4)

Stable Outlook

RATINGS RATIONALE

Jaggaer's B3 CFR reflects its very high leverage pro forma for the
proposed debt issuance, small size compared to larger and better
capitalized competitors, and likelihood of additional debt-financed
acquisitions. For the twelve months ended March 31, 2019, leverage
will be very weak for the rating level with Moody's adjusted
debt/EBITDA of approximately 9.4x (including adjustments for
certain one-time expenses, purchase price accounting, operating
lease adjustment and the treatment of capitalized software as an
expense). However, free cash flow to debt is anticipated to be in
the 2-3% range over the next 12-18 months, a level that is
supportive of the rating level. The rating also considers the
fragmented and highly competitive nature of the market for spend
management software solutions, which will drive the need to invest
in new product capabilities or add these capabilities through debt
funded acquisitions.

The company's credit profile is supported by its good niche
position as a provider of cloud based integrated spend management
solutions, its improved end-market and geographical diversification
following the acquisition and successful integration of
BravoSolution and Pool4Tool, and its highly recurring revenue base.
Moody's expects that leverage will trend toward 7.5x over the next
12-18 months driven by high single digit organic revenue growth and
EBITDA margin expansion on the back of recently implemented price
increases and a revenue mix shift toward higher margin recurring
subscription and recurring transactional revenue. Moody's expects
the company to have good liquidity over the next 12-18 months,
supported by $20 to $25 million of free cash flow generation, $80
million fully undrawn revolver, a springing-covenant only debt
structure.

The stable outlook reflects Moody's expectation that Jaggaer will
grow revenue and EBITDA in the high single digit percentage and
will reduce leverage toward 7.5x over the next 12-18 months.

The ratings could be downgraded if Jaggaer is not on track to
reduce its leverage to below 7.5x in the next 12-18 months or free
cash flow to debt falls below 1%.

Though unlikely in the near future, the rating could be upgraded if
the company's leverage is expected to remain below 6x and free cash
flow to debt is greater than 5%.

The first lien revolving credit facility is expected to include a
maintenance first lien leverage ratio covenant which is only to be
tested if borrowings exceed 35% of total revolver availability. The
first lien term loan is not expected to include any financial
maintenance covenants.

The proposed terms and the final terms of the credit agreement can
be materially different.

The principal methodology used in these ratings was Software
Industry published in August 2018.

Based in Morrisville, NC, Jaggaer is a leading provider of
eProcurement and eSourcing software solutions with over 2,000
customers and a vast supplier network in 70 countries. As of March
31, 2019 the company generated $236 million of trailing twelve
months revenue. Jaggaer will be majority owned by funds affiliated
with Cinven following the proposed acquisition of the company from
Accel-KKR.


SAN DIEGO UNIFIED: Seeks to Hire Kit J. Gardner as Legal Counsel
----------------------------------------------------------------
San Diego United Holdings Group, LLC, seeks approval from the U.S.
Bankruptcy Court for the Southern District of California to hire
the Law Offices of Kit J. Gardner as its legal counsel.

The firm will provide services in connection with the Debtor's
Chapter 11 case, which include legal advice concerning its rights
with respect to the property and liabilities of its estate;
representation in adversary proceedings; and the preparation of a
reorganization plan.

Kit Gardner, Esq., the firm's attorney who will be handling the
case, charges $450 per hour.  The hourly rates for clerks,
paralegals and other lawyers range from $50 to $395.

The firm received the sum of $25,000 to be used as a retainer.

Mr. Gardner disclosed in court filings that he and the employees of
his firm neither hold nor represent any interest adverse to the
Debtor's estate.

The firm can be reached through:

     Kit J. Gardner, Esq.
     Law Offices of Kit J. Gardner
     The Koll Center
     501 West Broadway, Suite 800
     San Diego, CA 92101
     Phone: (619) 525-9900
     Fax: (619) 374-2241
     Email: kgardner@gardnerlegal.com

                About San Diego Unified Holdings

San Diego Unified Holdings Group, LLC, and its affiliate Balboa
Ave. Cooperative are privately held companies with assets in San
Diego, Calif.  

On May 31, 2019, San Diego Unified Holdings Group and Balboa Ave.
Cooperative sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Cal. Case Nos. 19-03162 and 19-03164).  At the
time of the filing, each debtor estimated assets of between $1
million and $10 million and liabilities of the same range.


SCHRAD LTD: Taps Michael J. O'Connor as Legal Counsel
-----------------------------------------------------
Schrad Ltd received approval from the U.S. Bankruptcy Court for the
Western District of Texas to hire the Law Office of Michael J.
O'Connor as its legal counsel.

The firm will provide services in connection with the Chapter 11
cases filed by the company and its affiliates, which include legal
advice regarding their powers and duties under the Bankruptcy Code
and the preparation of a reorganization plan.

O'Connor charges an hourly fee of $350 for its services.  The firm
received a retainer in the amount of $19,000.

Michael O'Connor, Esq., disclosed in court filings that he is
"disinterested" as defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached through:

     Michael J. O'Connor, Esq.
     Law Office of Michael J. O'Connor
     921 Proton Road
     San Antonio, TX 78258
     Phone: (210) 729-6009
     Email: oconnorlaw@gmail.com

                         About Schrad Ltd

Schrad Ltd. and its affiliates, Honey Bee Bakers, LLC and Red Apple
Resources of South Texas, sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. W.D. Tex. Lead Case No. 19-51331) on June
3, 2019.  In the petitions signed by James E. Schrad, president,
Schrad estimated assets and liabilities of less than $50,000.  The
companies are represented by the Law Office of Michael J. O'Connor.


SHORT ENVIRONMENTAL: Sept. 5 Plan Confirmation Hearing
------------------------------------------------------
The disclosure statement explaining the Chapter 11 Plan filed by
Short Environmental Laboratories, Inc., is conditionally approved.

The hearing on final approval of the disclosure statement and
confirmation of the plan is on September 5, 2019 at 1:30 p.m., in
United States Bankruptcy Court 1515 N. Flagler Drive 8th Floor,
Courtroom A West Palm Beach, FL 33401.

The last day for filing and serving objections to claims is on
August 22, 2019 (14 days before Confirmation Hearing).

The deadline for objections to confirmation on August 22, 2019 (14
days before Confirmation Hearing).

             About Short Environmental Laboratories

Short Environmental Laboratories, Inc., is a privately-held company
in Sebring, Florida, that offers environmental testing for a wide
variety of industries. Some of its services include water and waste
water testing, compliance testing, and sample collection.  It also
provides ground water, soils, and surface water testing.

Short Environmental Laboratories sought protection under Chapter 11
of the Bankruptcy Code (Bankr. S.D. Fla. Case No. 18-19640) on Aug.
7, 2018.  In the petition signed by David Murto, president, the
Debtor disclosed $217,285 in assets and $1,463,746 in liabilities.

Judge Mindy A. Mora presides over the case.  Nadine V. White-Boyd,
Esq., at the law firm of Nadine White-Boyd, is the Debtor's legal
counsel.


SPI ENERGY: Signs Framework Agreement to Acquire Solar Projects
---------------------------------------------------------------
SPI Energy Co., Ltd. has executed a framework agreement to acquire
up to eight solar PV projects, totaling 21MW in the State of
Oregon.  These solar PV projects will sell power through their
respective 20-year PURPA Power Purchase Agreement with Portland
General Electric, and they are expected to start construction and
reach commercial operation over the next 18 months.  The
acquisitions are subject to customary closing conditions.

Mr. Xiaofeng Peng, chief executive officer of SPI Energy,
commented, "It is part of our strategic plan to expand our solar
platform in the United States ("US").  As the State of Oregon looks
to reach its target of 50% renewable energy by 2040, we believe
this Oregon Portfolio will be a great addition to our current
project pipeline, allowing us to pursue viable sales of
pre-development solar project opportunities."  Mr. Peng added, "By
leveraging our successful development and completion of solar PV
projects in Hawaii, New Jersey and California, we will continue to
acquire suitable solar PV projects here in the US, while focusing
on earnings growth and improving our profitability."

                       About SPI Energy

SPI Energy Co., Ltd. -- http://www.spisolar.com/-- is a global
provider of photovoltaic solutions for business, residential,
government and utility customers and investors.  The Company
develops solar PV projects that are either sold to third party
operators or owned and operated by the Company for selling of
electricity to the grid in multiple countries in Asia, North
America and Europe.  The Company's subsidiary in Australia
primarily sells solar PV components to retail customers and solar
project developers.  The Company has its operating headquarters in
Hong Kong and Santa Clara, California and maintains global
operations in Asia, Europe, North America, and Australia.

SPI Energy reported a net loss attributable to shareholders of the
Company of $12.28 million for the year ended Dec. 31, 2018,
compared to a net loss attributable to shareholders of the Company
of $91.08 million for the year ended Dec. 31, 2017.  As of Dec. 31,
2018, SPI Energy had $188.73 million in total assets, $188.65
million in total liabilities, and $70,000 in total equity.

Marcum Bernstein & Pinchuk LLP, in Beijing, China, the Company's
auditor since 2018, issued a "going concern" opinion in its report
dated April 30, 2019, on the Company's consolidated financial
statements for the year ended Dec. 31, 2018, citing that the
Company has a significant working capital deficiency, has incurred
significant losses and needs to raise additional funds to meet its
obligations and sustain its operations.  These conditions raise
substantial doubt about the Company's ability to continue as a
going concern.


STEARNS HOLDINGS: Aug. 22 Hearing on Disclosure Statement
---------------------------------------------------------
A hearing of Disclosure Statement explaining the Chapter 11 Plan of
Stearns Holdings, LLC, et al., will commence on August 22, 2019 at
10:00 a.m. (Eastern Time) before the Honorable Shelley C. Chapman,
United States Bankruptcy Court for the Southern District of New
York, One Bowling Green, Courtroom 623, New York, New York 10004.

Responses or objections, if any, must be filed and served no later
than 4:00 p.m.(Eastern Time) on August 9, 2019.

                    About Stearns Holdings

Stearns Lending, LLC is a provider of mortgage lending services in
Wholesale, Retail, Strategic Alliances, Non-Delegated Correspondent
and Financial Institutions sectors throughout the United States.

Stearns Lending is an equal housing lender and is licensed to
conduct business in 49 states and the District of Columbia.
Additionally, Stearns Lending is an approved HUD (United States
Department of Housing and Urban Development) lender; a Single
Family Issuer for Ginnie Mae (Government National Mortgage
Association); an approved Seller/Servicer for Fannie Mae (Federal
National Mortgage Association); and an approved Seller/Servicer for
Freddie Mac (Federal Home Loan Mortgage Corporation).  Stearns
Lending is also approved as a VA (United States Department of
Veterans Affairs) lender, a USDA (United States Department of
Agriculture) lender, and is an approved lending institution with
FHA (Federal Housing Administration).  Stearns Lending is located
at 4 Hutton Centre Drive, 10th Floor, Santa Ana, CA 92707.

Stearns Holdings, LLC and six subsidiaries, including Stearns
Lending, LLC, each filed a voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y. Lead Case No.
19-12226) on July 9, 2019.

Stearns estimated assets of $1 billion to $10 billion and
liabilities of the same range as of the bankruptcy filing.

Stearns' cases have been assigned to the Honorable Shelley C.
Chapman.

Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal
advisor to Stearns, PJT Partners is serving as its financial
advisor and Alvarez & Marsalis serving as its restructuring
advisor.  Prime Clerk LLC is the claims and noticing agent,
maintaining the sites https://cases.primeclerk.com/stearns and
http://www.stearnsrestructuring.com/


STRATIS CORP: Gets Court Approval to Hire Accountant
----------------------------------------------------
Stratis Corp. received approval from the U.S. Bankruptcy Court for
the Southern District of New York to hire Philip Hicks as its
accountant.

Mr. Hicks, an accountant based in Thornwood, N.Y., will assist the
Debtor in the preparation of operating reports and tax filings.  He
will charge $1,000 per month for his services.

In court filings, Mr. Hicks disclosed that he is "disinterested" as
defined in Section 101(14) of the Bankruptcy Code.

Mr. Hicks maintains an office at:

     Philip A. Hicks
     17 Westerly Lane South
     Thornwood, NY 10594
     Phone: (914) 741-2182

                        About Stratis Corp.

Stratis Corp. owns and operates a restaurant, which serves
wholesome family-style food.

Stratis sought protection under Chapter 11 of the Bankruptcy Code
(Bankr. S.D.N.Y. Case No. 18-23497) on October 2, 2018.  At the
time of the filing, the Debtor estimated assets of less than
$100,000 and liabilities of between $500,001 and $1 million.  The
case is assigned to Judge Robert D. Drain.  Penachio Malara LLP is
the Debtor's bankruptcy counsel.


SUNESIS PHARMACEUTICALS: RTW Investments Reports 6.9% Equity Stake
------------------------------------------------------------------
In a Schedule 13G filed with the Securities and Exchange
Commission, RTW Investments, LP and Roderick Wong disclosed that as
of July 11, 2019, they beneficially own 6,916,079 shares of common
stock of Sunesis Pharmaceuticals, Inc., which represents 6.9
percent of the shares outstanding.  RTW Master Fund, Ltd. also
reported beneficial ownership of 5,309,185 Common Shares of the
Company as of that date.

The Common Stock reported are held by RTW Master Fund, Ltd. and one
or more private funds managed by RTW Investments, LP (the
"Adviser").  The Adviser, in its capacity as the investment manager
of the Funds, has the power to vote and the power to direct the
disposition of all Shares held by the Funds.  Accordingly, for the
purposes of Reg. Section 240.13d-3, the Adviser may be deemed to
beneficially own an aggregate of 6,916,079 Shares, or 6.9% of the
Company's 100,911,754 Shares deemed issued and outstanding as of
July 10, 2019, as disclosed in the Company's prospectus supplement,
as filed with the SEC on July 12, 2019.  Mr. Wong is the managing
partner of the Adviser.

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

                     https://is.gd/M8JKMN

                  About Sunesis Pharmaceuticals

Headquartered in San Francisco, California, Sunesis --
http://www.sunesis.com/-- is a biopharmaceutical company
developing new targeted therapeutics for the treatment of
hematologic and solid cancers.  The Company is focused on advancing
its novel kinase inhibitor pipeline, with an emphasis on its oral
non-covalent BTK inhibitor vecabrutinib.  Vecabrutinib is currently
being evaluated in a Phase 1b/2 study in adults with chronic
lymphocytic leukemia and other B-cell malignancies that have
progressed after prior therapies.  The Company's proprietary PDK1
inhibitor SNS-510 is in preclinical development.  PDK1 is a master
kinase that activates other kinases important to cell growth and
survival including members of the AKT, PKC, RSK, and SGK families.
Sunesis is exploring strategic alternatives for vosaroxin, a
late-stage investigational product for relapsed or refractory AML.
Sunesis also has an interest in the pan-RAF inhibitor TAK-580 which
is licensed to Takeda.  TAK-580 is in a clinical trial for
pediatric low-grade glioma.

Sunesis incurred a net loss of $26.61 million in 2018 following a
net loss of $35.45 million in 2017.  As of March 31, 2019, the
Company had $27.75 million in total assets, $10.66 million in total
liabilities, and $17.08 million in total stockholders' equity.

Ernst & Young LLP, in San Jose, California, the Company's auditor
since 1998, issued a "going concern" qualification in its report
dated March 7, 2019, on the Company's consolidated financial
statements for the year ended Dec. 31, 2018, citing that the
Company has suffered recurring losses from operations and has
stated that substantial doubt exists about the Company's ability to
continue as a going concern.


TARGET CANADA: Final Distribution Under Second Amended Plan
-----------------------------------------------------------
Target Canada Co. will effect a final distribution under the second
amended and restated joint plan of compromise and arrangement of
the companies pursuant to the Companies' Creditors Arrangement Act
dated May 19, 2016, on Aug. 28, 2019, as ordered by the Ontario
Superior Court of Justice (Commercial List).

All affected creditors must contact Steven Glustein of Alvarez &
Marsal Canada Inc., 200 Bay Street, Suite 2900, P.O. Box 22,
Toronto, ON M5J 2J1, Fax: (416) 847-5201 or email at
targetcanadamonitor@alvarezandmarsal.com on or before 5:00 p.m.
(Toronto Time) on Aug. 22, 2019.
   
A copy of the companies' plan is available at
https://www.alvarezandmarsal.com/targetcanada.

                      About Target Canada

On Jan. 15, 2015, Target Canada Co. and certain entities commenced
court-supervised restructuring proceedings under the Companies'
Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended.  On
the same day, the Ontario Superior Court of Justice (Commercial
List) granted an order, which, among other things, provides for a
stay of proceedings until February 13, 2015.  The Stay Period may
be extended by the Court from time to time.  Although not
Applicants, the protections and authorizations provided for in the
Initial Order have been extended to the Partnerships.

Pursuant to the Initial Order, Alvarez & Marsal Canada Inc. was
appointed as monitor of the business and financial affairs of the
Target Canada Entities.  The Ontario Court has appointed Alvarez &
Marsal Canada Inc. as monitor in Target Canada et al.'s Companies'
Creditors Arrangement Act proceeding, and Koskie Minsky LLP as
representative counsel of all Target employees in the proceedings.


TECHNICAL COMMUNICATIONS: Appeals Nasdaq Delisting Determination
----------------------------------------------------------------
Technical Communications Corporation received notice from the
Nasdaq Listing Qualifications Department of the Nasdaq Stock Market
on July 16, 2019, indicating that staff had determined to deny the
Company's request for continued listing on The Nasdaq Capital
Market.

Previously on June 25, 2019, the Company received notification from
Nasdaq that because the Company failed to maintain a minimum of
$2,500,000 in stockholders' equity, and since the Company did not
meet the alternatives of market value of listed securities or net
income from continuing operations, the Company no longer complied
with Listing Rule 5550(b) for continued listing. Pursuant to such
notice, the Company was granted until July 8, 2019 to submit a plan
to Nasdaq to regain compliance.  The Company timely submitted such
plan, but it was not accepted by Nasdaq.

According to the July 16, 2019 determination letter, trading of the
Company's common stock securities would be suspended from The
Nasdaq Capital Market and the Company's securities delisted from
Nasdaq at the opening of business on July 25, 2019 unless the
Company timely requested an appeal.  On July 22, 2019 the Company
timely submitted, and Nasdaq granted, a hearing before the Nasdaq
Hearings Panel, as a result of which the suspension of trading in
the Company's securities has been stayed until a final written
decision by the Panel.  The hearing before the Panel is scheduled
for Sept. 5, 2019.  The Panel has the discretion to grant the
Company an exception to the listing standard for a period not to
exceed 180 days from the delisting determination to regain
compliance with the Rule, suspend and delist the Company's
securities, or find the company in compliance with all listing
standards.

                 About Technical Communications

Concord, Massachusetts-based Technical Communications Corporation
-- http://www.tccsecure.com-- specializes in secure communications
systems and customized solutions to protect highly sensitive voice,
data and video transmitted over a wide range of networks.

Technical Communications reported a net loss of $1.47 million for
the year ended Sept. 29, 2018, compared to a net loss of $1.91
million for the year ended Sept. 30, 2017.  As of March 30, 2019,
Technical Communications had $3.26 million in total assets, $1.78
million in total current liabilities, and $1.47 million in total
stockholders' equity.

CohnReznick LLP, in Boston, Massachusetts, the Company's auditor
since 2018, issued a "going concern" qualification in its report
dated June 21, 2019, on the Company's consolidated financial
statements for the year ended Sept. 29, 2018, citing that the
Company has suffered recurring losses from operations and has an
accumulated deficit of $2,786,356 at Sept. 29, 2018.  These
conditions raise substantial doubt about the Company's ability to
continue as a going concern.


THERMASTEEL INC: U.S. Trustee Objects to Disclosure Statement
-------------------------------------------------------------
John P. Fitzgerald, III, Acting United States Trustee for Region 4,
objects to the approval of the disclosure statement explaining
Thermasteel, Inc.'s Chapter 11 Plan.

The U.S. Trustee points out that the Debtor should provide an
estimate of administrative claims.

The U.S. Trustee complains that the class should not be listed as
impaired in Article III of the Plan and the class should be
designated as a non-voting accepting class.

The U.S. Trustee asserts that the Debtor should add a statement
that it does not contemplate issuing any new equity in connection
with the Plan.

According to the U.S. Trustee, the Disclosure Statement does not
contain "adequate information" and should not be approved.

                    About Thermasteel Inc.

Thermasteel, Inc. -- http://www.thermasteelinc.com/-- is a
provider of panelized composite building systems, manufacturing
composite foundation, floor, wall, roof and ceiling panels for
residential, commercial and industrial applications.  Its
pre-insulated steel framing has been used in large military housing
projects in the USA, Germany and Guantanamo Bay, Cuba.
Production facilities are presently located in USA (Virginia,
Alaska), and Russia, with products being shipped via container to
many other countries.  

Thermasteel sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. Va. Case No. 18-71461) on Oct. 26, 2018.  At the
time of the filing, the Debtor estimated assets of $1 million to
$10 million and liabilities of the same range.  The case is
assigned to Judge Paul M. Black.  The Debtor tapped the Law Office
of Richard D. Scott as its legal counsel.


TRIUMPH ENERGY: Sept. 16 Hearing on Disclosure Statement
--------------------------------------------------------
A hearing will be held on September 16, 2019 at 11:00 a.m., in 4th
Floor Courtroom 4D, 300 North Hogan Street, Jacksonville, Florida,
to consider and rule on the disclosure statement explaining the
Chapter 11 Plan of Triumph Energy I, LLC.

Any objection to the proposed disclosure statement must be filed
and served seven (7) days before the date.

                  About Triumph Energy I

Triumph Energy I, LLC, offers exploration and production of oil and
gas.  It was incorporated in 2010 and is based in Jacksonville,
Florida.

Triumph Energy I sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Fla. Case No. 18-04388) on December
18, 2018.  At the time of the filing, the Debtor had estimated
assets of less than $50,000 and liabilities of $1,000,001 to $10
million.

The case has been assigned to Judge Jerry A. Funk.  The Debtor
tapped Lansing Roy, PA as its legal counsel.

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


TWIFORD ENTERPRISES: $115K Sale of Property to Twiford Okayed
-------------------------------------------------------------
Judge Cathleen D. Parker of the U.S. Bankruptcy Court for the
District of Wyoming authorized Twiford Enterprises, Inc.'s private
sale of (i) 2015 John Deere 6150M Tractor, (ii) 2015 John Deere
H360 Loader & Attachments, (iii) 2015 Frontier AP12GAP12G Bale
Fork, and (iv) 2010 John Deere 568 Round Baler, Model 567, to John
Twiford for $115,000.

The sales price of $115,000 will be allocated such that PCA will
receive the sum of $108,247 and Deere and Co., doing business as
John Deere Financial, will receive the remaining proceeds
($6,753).
  
Upon receipt of these sums, John Deere and PCA will consider their
claims fully satisfied and will withdrawal their proofs of claim
filed.

Upon the payment of said $115,000, the Equipment will be free and
clear of the liens held by RHB, John Deere and PCA.

                    About Twiford Enterprises

Twiford Enterprises, Inc., is a privately held company in Glendo,
Wyoming in the crop farming industry.  The Company owns in fee
simple 2870 acres of land and buildings located at 642 Horseshoe
Creek Road Glendo, Wyoming having an appraised value of $4.65
million.  Its gross revenue amounted to $2.23 million in 2017 and
$2.38 million in 2016.

Twiford Enterprises filed a Chapter 11 bankruptcy petition (Bankr.
D. Wyo. Case No. 18-20120) on March 9, 2018.  In its petition
signed by its secretary, Jack Twiford, the Debtor disclosed total
assets of approximately $7.68 million and total debt of $6.49
million.

The Hon. Cathleen D. Parker is the case judge.  The Debtor hired
Stephen R. Winship, Esq., at Winship & Winship, P.C., as counsel.


US STEEL: Fitch Affirms BB- LT IDR & Alters Outlook to Stable
-------------------------------------------------------------
Fitch has affirmed United States Steel Corporation's (U. S. Steel;
NYSE:X) Long-Term Issuer Default Rating at 'BB-'. The Rating
Outlook has been revised to Stable from Positive.

The ratings are supported by a combination of debt reduction
strengthening the balance sheet, continued focus on cost reduction
and operational efficiency and Fitch's expectation that the Tubular
segment has stabilized and will have a neutral to positive effect
on profitability. The ratings also reflect U. S. Steel's
demonstrated progress on its asset revitalization program (ARP)
along with the company's additional announced capital investments
focused on improving its cost structure. Fitch believes targeted
investments will improve profitability through the cycle, partially
offsetting the risk of increased cash outflows in a weaker steel
market environment. Fitch expects annual EBITDA of at least $1
billion per year barring a significant decline in steel market
conditions.

The stabilization of the Outlook reflects the recent announcement
of a new capital intensive investment at Mon Valley Works, in
addition to the ARP, resulting in significantly higher than
anticipated capex and expectations for negative FCF over the next
few years. Fitch views the Mon Valley Works investment as credit
positive over the longer term given it is expected to improve
operational efficiency and optionality, lower its cost structure,
lower sustaining capex and expand its higher margin downstream
product mix. However, given Fitch's expectations for negative FCF
and heavy capital spending, Fitch believes U. S. Steel will need to
fund a portion of capex with debt. Fitch expects total adjusted
debt/EBITDAR will be higher compared with 2018, but will generally
be in the 3.0x-4.0x range throughout the forecast period, which
Fitch views as within its leverage metric sensitivities for a 'BB-'
IDR. Fitch believes U. S. Steel has some flexibility as to the
timing and scope of capital spending should market conditions
materially weaken.

The stabilization of the Outlook also reflects weaker U.S. steel
market dynamics in 2019, in addition to Fitch's Stable Outlook for
Global Steel for 2019 in comparison with its Positive Outlook for
Global Steel for 2018.

KEY RATING DRIVERS

Asset Revitalization Program Spending: In 2017, U. S. Steel began
its $2 billion four-year asset revitalization program (ARP), which
involves total capex of approximately $1.5 billion. The program is
focused on the company's Gary Works, Great Lakes Works and Mon
Valley Works facilities within its Flat-rolled segment, and is
expected to increase profitability, productivity and operational
efficiency. U. S. Steel reported ARP EBITDA benefits of $111
million in 2018. Total capex spent on the asset revitalization
program through 2018 was $584 million, suggesting $916 million of
remaining capex over the next two years in order to complete the
program by management's 2020 target. The company expects to spend
$300 million-$350 million in capex related to the ARP in 2019,
which leaves approximately $550 million-$600 million of remaining
capex in 2020. Fitch views the ARP positively and believes the
company's decision to significantly invest in its critical
steelmaking assets will result in a lower cost structure and
improve profitability through the cycle.

Mon Valley Works Investment: On May 2, 2019, in addition to the
ARP, U. S. Steel announced a $1.2 billion investment on an endless
casting and rolling facility at Mon Valley Works and a cogeneration
plant at Clairton Works. The bulk of the capex is expected to be
$400 million in 2020 and $650 million in 2021. The endless casting
and rolling facility will be the first facility of this type in the
United States and one of only a handful in the world. This process
is expected to result in lower conversion costs, improve yield and
expand the company's higher margin downstream product mix for a
broad range of customers. First steel is expected in 2022 and U. S.
Steel expects the investment to reduce costs by $35/ton at Mon
Valley Works.

Additional Capital Investments: On Feb. 11, 2019, U. S. Steel
announced plans to restart completion of its Fairfield electric arc
furnace (EAF), which has 1.6 million tons of annual capacity and is
expected to begin producing steel in the second half of 2020. Over
the next two years, U. S. Steel expects to spend $280 million to
finish construction of the Fairfield EAF, which will supply rounds
to be consumed internally within its Tubular segment seamless pipe
operations. U. S. Steel believes the Fairfield EAF will improve its
Tubular segment cost structure and expects to achieve cost
reductions for seamless production of $90/ton. The company also
plans to spend $130 million on a Dynamo line at USSK, which will be
completed in 2020 and is expected to result in $35 million of
EBITDA benefit within its USSE segment.

Negative FCF Expectations: Fitch expects the domestic steel market
to be weaker compared with 2018, although does not currently
believe the price environment will be as weak as 2016 depressed
levels. Given expectations for weaker market conditions, Fitch
expects flat to modestly declining volumes and declining steel
prices. Fitch estimates total capex will be $4.0 billion-$4.5
billion over the 2019-2021 time period although believes U. S.
Steel has flexibility to adjust the timing of spending on projects
should market conditions materially weaken. Fitch believes the
combination of weaker steel market conditions and heavy capital
spending, expected to peak in 2020, will result in negative FCF.

Higher Leverage: Given expectations for negative FCF and heavy
capital spending, Fitch believes that U. S. Steel will need to
debt-finance a portion of the planned capex. Fitch believes total
adjusted debt/EBITDAR will be higher compared with 2018, but will
generally be in the 3.0x-4.0x range throughout the forecast period,
which Fitch views as within its leverage metric sensitivities for a
'BB-' IDR. Fitch believes U. S. Steel's strengthening of its
balance sheet, cost reduction and operational efficiency efforts,
improved Tubular segment performance, and reduction of total
capacity since the previous steel market downturn better position
the company to weather cash outflows in a potentially weaker steel
market.

Prudent Strategic Decision Making: Fitch believes management has
demonstrated its ability to adapt operational and capital
allocation decision making to market conditions and believes it
will continue to take this approach. In June 2019, U. S. Steel
announced that it was currently in the process of a planned
maintenance outage on its Great Lakes Works B2 blast furnace, and,
based on current market conditions, expects the furnace to remain
idled after the planned outage. The company announced that it also
plans to temporarily idle a blast furnace at its Gary Works
facility and a USSE blast furnace. Fitch views the decision to idle
capacity in periods where demand is not sufficient positively, as
overcapacity in weak demand markets can result in depressed prices.
U. S. Steel expects 2019 shipments to be 11.0 million tons and 3.6
million tons in its Flat-rolled and USSE segment, respectively.

Steel Industry Dynamics: The combination of strong demand in U.S.
auto and non-residential construction markets and the announcement
of 25% tariffs under Section 232 resulting in lower imports and
higher capacity utilization rates provided support for U.S. prices
in 2018. The robust market environment resulted in record shipments
and earnings for a number of domestic steel producers. Since
Section 232 tariffs were implemented in 2018, a number of steel
producers have announced plans to add new capacity. Demand remains
relatively healthy in most end markets, although concern that newly
announced capacity will shift the U.S. steel market balance out of
favor, normal seasonality, inventory destocking, and unusually poor
weather delaying construction activity has negatively affected
prices over the last two quarters. Fitch expects the U.S. steel
market will be weaker in 2019 and for prices to generally decline.

Vertically Integrated Operating Profile: U. S. Steel benefits from
being backward integrated into steelmaking raw materials through
the ownership of iron mines and coke production facilities. In
2018, U. S. Steel produced 23 million tons of iron ore and 5.2
million tons of coke. The company has iron ore pellet production
capacity exceeding the requirement for its steelmaking capacity in
the U.S. and has agreements to supply iron ore pellets to third
parties over the next several years. A period of elevated iron ore
prices has benefitted the company. U. S. Steel also sources 45% of
scrap internally. Fitch expects iron ore and metallurgical coal
prices will moderate through the forecast period.

DERIVATION SUMMARY

U. S. Steel is larger in terms of annual shipments compared with
EAF steel producer Commercial Metals Company (BB+/Stable) and
smaller and less diversified compared with majority EAF steel
producer Gerdau S.A. (BBB-/Stable) and globally diversified steel
producer ArcelorMittal S.A. (BBB-/Stable). U. S. Steel has
favorable leverage metrics and product diversification compared
with CMC, although CMC's profitability is less volatile resulting
in more stable margins and leverage metrics through the cycle. U.
S. Steel's leverage on a total adjusted debt/EBITDAR basis has
generally compared less favorably with ArcelorMittal and Gerdau
although, over the past two years, U. S. Steel's leverage has been
lower than Gerdau. U. S. Steel's leverage profile currently
compares similarly with Gerdau and ArcelorMittal.

U. S. Steel compares favorably on size, raw material
self-sufficiency, diversification and leverage metrics although is
less profitable compared with domestic integrated steel producer AK
Steel Holding Corp. (AK Steel). AK Steel has focused on increasing
its proportion of its higher value-added product mix over the past
few years, which has benefitted average selling prices and
profitability. U. S. Steel is larger in terms of total shipments
although is less profitable and has weaker credit metrics compared
with domestic EAF producer Steel Dynamics, Inc. U. S. Steel is
smaller, less diversified and has weaker credit metrics compared
with domestic EAF producer Nucor.

KEY ASSUMPTIONS

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

  - Declining steel price environment throughout the forecast
    period;

  - Flat-rolled shipments of 11 million tons in 2019 and declining
    modestly thereafter;

  - Lower capacity utilization rates negatively affect margins
    partially offset by cost reduction efforts;

  - Tubular segment shipments and prices relatively flat through
    the forecast period;

  - Capex of around $1.3 billion in 2019, peaking in 2020, lower
    but still elevated in 2021, and declining to more historical
    levels in 2022;

  - Portion of capex is funded with debt;

  - No share repurchases after 2019.

RATING SENSITIVITIES

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

  - Total debt/EBITDAR sustained below 3.0x;

  - EBITDAR margins sustained above 9%;

  - Continued progress on capital spending projects and
    targeted cost reduction materializing.

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

  - Total adjusted debt/EBITDAR sustained above 4.0x;

  - EBITDAR margins sustained below 7.5%;

  - Material weakening of domestic steel market conditions leading
    to significantly larger than expected negative FCF.

LIQUIDITY AND DEBT STRUCTURE

Solid Liquidity: As of March. 31, 2019, U.S. Steel had $676 million
of cash and cash equivalents and full availability under its $1.5
billion ABL credit facility. In addition, the company had $325
million available under its U.S. Steel Kosice (USSK) credit
facilities.

On Feb. 26, 2018, U. S. Steel extended the maturity of its $1.5
billion ABL credit facility to February 2023. The company's next
material maturity is $750 million of notes due 2025.


WAYPOINT LEASING: $3.6M Sale of H225 Helicopter to Agrarflug Okaye
------------------------------------------------------------------
Judge Stuart M. Bernstein of the U.S. Bankruptcy Court for the
Southern District of New York (i) authorized the affiliates of
Waypoint Leasing Holdings Ltd., Waypoint Asset Co 11 Limited and
its subsidiary, Debtor MSN 2905 Trust, to consummate the private
sale of their H225 helicopter with manufacturer's serial number
2905 and Brazilian registration mark PR-OTB, to Agrarflug Helilift
GMBH & Co. KG for $3.55 million; and (ii) authorized the WAC11
Debtors to assume and assign that certain Helicopter Operating
Lease Agreement, dated Nov. 11, 2016, relating to the Helicopter by
and between Wells Fargo Trust Co., National Association, not in its
individual capacity but solely as owner trustee of the MSN 2905
Trust, and OHI Finance II S.A.

The sale is free and clear of all liens, claims, encumbrances, and
other interests.  All liens, claims, encumbrances, and other
interests in or on the Helicopter will attached solely to the
proceeds of the sale of the Helicopter.

The authority for the Debtors to assume and assign the Helicopter
Lease to the Purchaser includes the authority to assume and assign
the Helicopter Lease, as amended.

Notwithstanding Bankruptcy Rule 6004(h), the Order will be
immediately effective and enforceable upon its entry.

                      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.


WESTWIND MANOR: $1M Sale of Rio Vista Golf Club to Warrior Approved
-------------------------------------------------------------------
Judge David R. Jones of the U.S. Bankruptcy Court for the Southern
District of Texas authorized the bidding procedures of Westwind
Manor Resort Association, Inc., and its debtor-affiliates, and
their Stalking Horse Agreement with Warrior Golf Venture, in
connection with the sale of the Rio Vista Golf Club for $1 million,
subject to overbid.

The Rio Vista Golf Club is located in the Trilogy at Rio Vista
housing community in northern California near the Sacramento River
Delta in Solano County.  Built in 1996, it has an 18-hole
regulation length golf course as well as an 8,300 square feet
clubhouse that includes a pro shop, restaurant, snack bar, grill
room, banquet and event facilities.   

The Stalking Horse Bidder will be the Successful Bidder unless one
or more Qualified Bids are received as set forth in the Bid
Procedures, on July 29, 2019 at 5:00 p.m. (CT).

By no later than two business days after entry of the Order, the
Debtors will serve the Order, the Bid Procedures and the Sale
Notice, to (a) all entities known to have expressed an interest in
the Rio Vista Golf Club; (b) all entities known to have asserted
any lien, claim, interest or encumbrance in or upon the Rio Vista
Golf Club; (c) all federal, state and local regulatory or taxing
authorities or recording offices which have a reasonably known
interest in the relief requested by the Motion; (d) the United
States Attorneys' office; (e) the state Attorney General's office
where the Rio Vista Golf Club is located; (f) the Internal Revenue
Service; and (g) those parties who have filed the appropriate
notice requesting notice of all pleadings filed in the Chapter 11
Cases.  On the Mailing Date, the Debtors will serve the Sale Notice
upon all other known creditors of Warrior Golf Venture.  

The Sale Hearing is set for Aug. 2, 2019 at 9:00 a.m.  The
objection deadline is Aug. 1, 2019 at 5:00 p.m.

No later than five days after the Bid Deadline, the Debtors will
file with the Court and serve on each party to a Desired 365
Contract a notice setting forth the amount of cure owed thereunder
according to the Debtors' books and records.

No later than two days prior to the Sale Hearing, any objection to
(i) the CureAmount, (ii) the ability of Stalking Horse Bidder to
provide adequate assurance of future performance under the Desired
365 Contracts and/or (iii) the assumption and assignment of the
Desired 365 Contract must be filed with the Court.  

In the event that the Debtors consummate a sale of the Rio Vista
Golf Club to any party other than a Stalking Horse Bidder, the
Debtors are authorized and directed to incur and pay the Breakup
Fee.

Notwithstanding the possible applicability of Bankruptcy Rules
6004(h), 7052, 9014 or otherwise, the terms and conditions of this
Order will be immediately effective and enforceable upon its entry.
  

The Debtors will serve a copy of the Order as contemplated in the
Motion.

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

     http://bankrupt.com/misc/Westwind_Manor_369_Order.pdf

           About Westwind Manor Resort Association

Westwind Manor Resort Association, Inc., and its subsidiaries
operate two distinct business segments.  Warrior Custom Golf
focuses on the manufacture and sale of custom golf clubs.  Warrior
Acquisitions manages affiliates, like Warrior Golf, LLC, which own
and manage golf courses.

Warrior Custom Golf was founded in 1998 by Brendan Flaherty.  It
develops, manufactures markets and sells affordable custom golf
clubs and related equipment to golfers worldwide.  Warrior Custom
Golf's products are custom built to the specifications of each
customer.  Warrior Acquisitions is the manager of six entities that
own and operate 18 golf courses and parcels of land located
throughout the United States.  Both segments of the business are
headquartered in Irvine, California.

Westwind Manor Resort Association and its affiliates sought
protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D.
Tex. Lead Case No. 19-50026) on March 4, 2019.

The Debtors estimated both assets and debt between $1 million and
$10 million.

The cases have been assigned to Judge David R. Jones.

The Debtors tapped Cole Schotz P.C. as bankruptcy counsel; Sidley
Austin LLP, as special counsel; Force Ten Partners LLC as financial
advisor; and Donlin, Recano & Company, Inc. as claims and noticing
agent.

Henry Hobbs Jr., the acting U.S. trustee for Region 7, appointed an
official committee of unsecured creditors on March 19, 2019.  The
committee is represented by Cozen O'Connor.


WP CITYMD BIDCO: Moody's Raises CFR to B2, Outlook Stable
---------------------------------------------------------
Moody's Investors Service upgraded the ratings of WP CityMD Bidco
LLC, including the Corporate Family Rating to B2 from B3 and the
Probability of Default Rating to B2-PD from B3-PD. These ratings
were under review (direction uncertain) since June 24, 2019,
following the announcement that CityMD will be merging with Summit
Medical Group (unrated). At the same time, Moody's assigned a B2
rating to the proposed first lien term loan due 2026, as well as
the proposed first lien revolving credit facility expiring in 2024.
The outlook is stable.

The upgrade reflects the improvement in CityMD's credit profile due
to the pending merger with Summit given the added scale and
geographic diversity for the combined entity. While the merger will
modestly raise the company's leverage, Moody's believes that the
company will deleverage rapidly given both companies' good growth
outlooks. Further, deleveraging is not dependent on the achievement
of synergies, as Moody's does not expect a significant amount of
cost synergies. That said, there is the potential for operating
disruption and integration risk as the companies merge the urgent
care centers of CityMD with the more specialized doctor practices
of Summit.

At the close of the transaction, all of CityMD's existing debt will
be repaid and the ratings will be withdrawn.

The review of following ratings concluded, and they were upgraded:

WP CityMD Bidco LLC

  Corporate Family Rating, upgraded to B2 from B3 under review,
  direction uncertain;

  Probability of Default Rating, upgraded to B2-PD from B3-PD
  under review, direction uncertain;

The following ratings were assigned:

WP CityMD Bidco LLC

  $900 million Senior secured first lien term loan due in 2026,
  assigned a B2 (LGD3)

  $150 million Senior secured first lien revolving credit
  facility due in 2024, assigned a B2 (LGD3)

Outlook action:

  Outlook is changed to stable from rating under review

The ratings of the following debts remain unchanged and will be
withdrawn upon close:

WP CityMD Bidco LLC

  $344 million Senior secured first lien term loan due in 2024
  at B3 (LGD3), currently under review -- direction uncertain

  $40 million Senior secured first lien revolving credit facility
  due in 2022 at B3 (LGD3), currently under review -- direction
  uncertain

RATINGS RATIONALE

CityMD's B2 Corporate Family Rating reflects its high financial
leverage, estimated at over six times with geographic concentration
in the New York and New Jersey areas. The credit profile benefits
from CityMD's focus on urgent care services, which has relatively
stable demand. The stable demand is a result of the essential
nature of care sought, high population density in the company's key
markets and a favorable payer mix. The company also benefits from
its well-known brands for both CityMD and Summit in New York and
New Jersey areas.

Moody's expects the combination to create the largest independent
multi-specialty, outpatient focused physician group in the U.S.
Additionally, the complementary footprints should limit the
potential for operating disruption, although integration risk still
exists given that this is the largest merger for CityMD and will
materially change its business mix.

Moody's expects CityMD to maintain good liquidity, with about $40
million in cash at close and an undrawn $150 million revolving
credit facility. Moody's expects the company to generate modestly
positive free cash flow after capital expenditures. Capex is high
given the company's rapid expansion of clinics. Further, following
the merger, the company will have a sizeable deferred compensation
expense that will be paid out to Summit physicians over seven
years. This will also constrain free cash flow. While not expected,
the company's free cash flow could improve meaningfully if new
clinic openings are curtailed.

The stable outlook reflects Moody's assumption that the companies
will be able to successfully integrate without substantive
disruption and will remain disciplined in executing its growth
strategy.

A downgrade could occur if CityMD experiences operating disruptions
relating to the merger, pressure on margins, sustained debt/EBITDA
over 6.0x, or if liquidity weakens.

The ratings could be upgraded if free cash flow is sustainably
positive, debt/EBITDA is sustained below 5.0x times, geographic
diversity improves and the company successfully manages the
integration of the two businesses.

CityMD operates as an urgent care provider, offering an extensive
number of services that include x-rays, laboratory testing and
screening, pediatric care, and physical exams. CityMD serves
patients in the States of New York and New Jersey. CityMD has more
than 110 locations in NY and NJ and has treated over 3 million
patients. Summit Medical Group is one of the largest and oldest
multi-specialty physician groups in the U.S. published in October
2016.


[^] Recent Small-Dollar & Individual Chapter 11 Filings
-------------------------------------------------------
In re Sodakco, LLC
   Bankr. E.D. Ark. Case No. 19-13682
      Chapter 11 Petition filed July 17, 2019
         See http://bankrupt.com/misc/areb19-13682.pdf
         represented by: Kevin P. Keech, Esq.
                         KEECH LAW FIRM, PA
                         E-mail: kkeech@keechlawfirm.com

In re Ashley Susan Aarons
   Bankr. C.D. Cal. Case No. 19-18316
      Chapter 11 Petition filed July 17, 2019
         represented by: Todd L. Turoci, Esq.
                         THE TUROCI FIRM
                         E-mail: mail@theturocifirm.com

In re Marc Andrew Gauthier
   Bankr. E.D. Cal. Case No. 19-24508
      Chapter 11 Petition filed July 17, 2019
         represented by: John G. Downing, Esq.

In re Donald Michael Allan
   Bankr. D. Del. Case No. 19-11574
      Chapter 11 Petition filed July 17, 2019
         represented by: Kate R. Buck, Esq.
                         Shannon Dougherty Humiston, Esq.
                         MCCARTER & ENGLISH, LLP
                         E-mail: kbuck@mccarter.com
                                 shumiston@mccarter.com

In re Mrs. G's Lounge & Restaurant, LLC
   Bankr. D.N.J. Case No. 19-23883
      Chapter 11 Petition filed July 17, 2019
         See http://bankrupt.com/misc/njb19-23883.pdf
         represented by: David L. Stevens, Esq.
                         SCURA, WIGFIELD, HEYER, STEVENS &
                         CAMMAROTA, LLP
                         E-mail: dstevens@scuramealey.com
                                 ecfbkfilings@scuramealey.com

In re Alta Cucina, LLC
   Bankr. S.D.N.Y. Case No. 19-12310
      Chapter 11 Petition filed July 17, 2019
         See http://bankrupt.com/misc/nyeb19-12310.pdf
         represented by: Gus Michael Farinella, Esq.
                         LAW OFFICES OF GUS MICHAEL FARINELLA, PC
                         E-mail: gmf@lawgmf.com

In re 2964 Brighton 6th Realty Corp.
   Bankr. E.D.N.Y. Case No. 19-44355
      Chapter 11 Petition filed July 17, 2019
         See http://bankrupt.com/misc/nyeb19-44355-1.pdf
             http://bankrupt.com/misc/nyeb19-44355-2.pdf
             http://bankrupt.com/misc/nyeb19-44355-3.pdf
             http://bankrupt.com/misc/nyeb19-44355-4.pdf
         represented by: Joshua R. Bronstein, Esq.
                         LAW OFFICE OF JOSHUA R. BRONSTEIN, ESQ.
                         E-mail: jbrons5@yahoo.com

In re Thomas Lee Murphy and Julie Kay Murphy
   Bankr. D.S.D. Case No. 19-40324
      Chapter 11 Petition filed July 17, 2019
         represented by: Laura L. Kulm Ask, Esq.
                         GERRY & KULM ASK, PROF. LLC
                         E-mail: ask@sgsllc.com

In re Diamond Perfection, Inc.
   Bankr. E.D.N.C. Case No. 19-03270
      Chapter 11 Petition filed July 18, 2019
         See http://bankrupt.com/misc/nceb19-03270.pdf
         represented by: James B. Angell, Esq.
                         HOWARD, STALLINGS, FROM, ATKINS, ANGELL &
                         DAVIS, P.A.
                         E-mail: jangell@hsfh.com

In re Dija Holdings, LLC
   Bankr. D.N.D. Case No. 19-30408
      Chapter 11 Petition filed July 18, 2019
         See http://bankrupt.com/misc/ndb19-30408.pdf
         represented by: Molly S. Considine, Esq.
                         PATTEN, PETERMAN, BEKKEDAHL & GREEN, PLLC
                         E-mail: mconsidine@ppbglaw.com

In re Baycan Azeri
   Bankr. D.N.J. Case No. 19-23955
      Chapter 11 Petition filed July 18, 2019
         represented by: Stuart D. Gavzy, Esq.
                         STUART D. GAVZY, ESQ.
                         E-mail: stuart@gavzylaw.com

In re Carmelo Luppino, Jr.
   Bankr. D.N.J. Case No. 19-23959
      Chapter 11 Petition filed July 18, 2019
         represented by: Michael S. Kopelman, Esq.
                         KOPELMAN & KOPELMAN LLP
                         E-mail: kopelaw@kopelmannj.com

In re Time Service Station, Inc.
   Bankr. E.D.N.Y.  Case No. 19-75052
      Chapter 11 Petition filed July 18, 2019
         Filed Pro Se

In re Robert Guida
   Bankr. E.D.N.Y. Case No. 19-75064
      Chapter 11 Petition filed July 18, 2019
         represented by: Narissa A. Joseph, Esq.
                         E-mail: njosephlaw@aol.com

In re Stephen Miele and Catherine Miele
   Bankr. S.D.N.Y. Case No. 19-23329
      Chapter 11 Petition filed July 18, 2019
         represented by: Joel Shafferman, Esq.
                         SHAFFERMAN & FELDMAN, LLP
                         E-mail: joel@shafeldlaw.com

In re JumpMania Ventures, LLC
   Bankr. E.D. Tex. Case No. 19-41920
      Chapter 11 Petition filed July 18, 2019
         See http://bankrupt.com/misc/txeb19-41920.pdf
         represented by: Robert T. DeMarco, Esq.
                         DEMARCO MITCHELL, PLLC
                         E-mail: robert@demarcomitchell.com

In re Chickenonthe Run, Inc.
   Bankr. N.D. Tex. Case No. 19-32377
      Chapter 11 Petition filed July 18, 2019
         Filed Pro Se

In re Integrated Lab Solutions, Inc.
   Bankr. N.D. Tex. Case No. 19-42921
      Chapter 11 Petition filed July 18, 2019
         See http://bankrupt.com/misc/txnb19-42921.pdf
         represented by: Robert Thomas DeMarco, Esq.
                         DEMARCO MITCHELL, PLLC
                         E-mail: robert@demarcomitchell.com

In re Caroline Marie De Laurell
   Bankr. C.D. Cal. Case No. 19-11240
      Chapter 11 Petition filed July 19, 2019
         represented by: Michael Jones, Esq.
                         M JONES & ASSOCIATES, PC
                         E-mail: mike@mjthelawyer.com

In re Winona Ann Sluch
   Bankr. C.D. Cal. Case No. 19-18471
      Chapter 11 Petition filed July 19, 2019
         represented by: Onyinye N. Anyama, Esq.
                         ANYAMA LAW FIRM, A PROFESSIONAL CORP
                         E-mail: onyi@anyamalaw.com

In re Sandy Kellin and Robyn Kellin
   Bankr. D. Ariz. Case No. 19-08942
      Chapter 11 Petition filed July 19, 2019
         represented by: Dean M. Dinner, Esq.
                         KUTAK ROCK, LLP
                         E-mail: dean.dinner@kutakrock.com

In re Sonya LaRaye Owens
   Bankr. D.C. Case No. 19-00489
      Chapter 11 Petition filed July 19, 2019
         Filed Pro Se

In re Michael W. Heniff
   Bankr. N.D. Ill. Case No. 19-20257
      Chapter 11 Petition filed July 19, 2019
         represented by: David P. Lloyd, Esq.
                         DAVID P. LLOYD, LTD.
                         E-mail: courtdocs@davidlloydlaw.com

In re Patrick A. Gregory and Stacey A. White-Gregory
   Bankr. D. Mass. Case No. 19-12458
      Chapter 11 Petition filed July 19, 2019
         represented by: John A. Ullian, Esq.
                         THE LAW FIRM OF ULLIAN & ASSOCIATES, P.C
                         E-mail: john@ullianlaw.com

In re North American Management Group, LLC
   Bankr. D. Nev. Case No. 19-14603
      Chapter 11 Petition filed July 19, 2019
         See http://bankrupt.com/misc/nvb19-14603.pdf
         represented by: Steven J. Szostek, Esq.
                         E-mail: szostek1946@gmail.com

In re Gaukhar Kabulovna Kussainova
   Bankr. E.D. Va. Case No. 19-12371
      Chapter 11 Petition filed July 19, 2019
         represented by: Steven B. Ramsdell, Esq.
                         TYLER, BARTL & RAMSDELL, P.L.C.
                         E-mail: sramsdell@tbrclaw.com

In re Michael R. Foy and Sherrie S. Foy
   Bankr. W.D. Va. Case No. 19-61509
      Chapter 11 Petition filed July 19, 2019
         represented by: Stephen E. Dunn, Esq.
                         E-mail: stephen@stephendunn-
                                 pllc.com,jennifer@stephendunn-
                                 pllc.com,kelly@stephendunn-
                                 pllc.com,michelle@stephendunn-
                                 pllc.com,sherry@stephendunn-
                                 pllc.com

In re William Barnes
   Bankr. W.D. Wash. Case No. 19-12685
      Chapter 11 Petition filed July 19, 2019
         represented by: Jamie J. McFarlane, Esq.
                         THE TRACY LAW GROUP PLLC
                         E-mail: jamie@thetracylawgroup.com

In re Legrace Corp
   Bankr. C.D. Cal. Case No. 19-12812
      Chapter 11 Petition filed July 22, 2019
         See http://bankrupt.com/misc/cacb19-12812.pdf
         represented by: Julie J. Villalobos, Esq.
                         OAKTREE LAW
                         E-mail: julie@oaktreelaw.com

In re Maria Elena Tellez
   Bankr. C.D. Cal. Case No. 19-18507
      Chapter 11 Petition filed July 22, 2019
         represented by: Richard T. Baum, Esq.
                         LAW OFFICES OF RICHARD T. BAUM
                         E-mail: rickbaum@hotmail.com

In re Daniel Sang Kue Chyun
   Bankr. C.D. Cal. Case No. 19-18518
      Chapter 11 Petition filed July 22, 2019
         represented by: Je M. Cha, Esq.
                         LAW OFFICE OF J M CHA
                         E-mail: jemyungcha@yahoo.com

In re Damon Gerald Rushin
   Bankr. E.D. Cal. Case No. 19-24589
      Chapter 11 Petition filed July 22, 2019
         Filed Pro Se

In re High Inspiration LLC
   Bankr. S.D. Fla. Case No. 19-19698
      Chapter 11 Petition filed July 22, 2019
         See http://bankrupt.com/misc/flsb19-19698.pdf
         represented by: Chad T. Van Horn, Esq.
                         VAN HORN LAW GROUP, P.A.
                         E-mail: Chad@cvhlawgroup.com

In re New Venture 777 LLC
   Bankr. S.D. Fla. Case No. 19-19719
      Chapter 11 Petition filed July 22, 2019
         See http://bankrupt.com/misc/flsb19-19719.pdf
         represented by: Stephen C. Breuer, Esq.
                         MOFFA & BREUER, PLLC
                         E-mail: stephen@moffa.law

In re Ronald Vincent Hrabe and Raina Lynn Hrabe
   Bankr. D. Kansas Case No. 19-11357
      Chapter 11 Petition filed July 22, 2019
         represented by: David R. Klaassen, Esq.
                         E-mail: drklaassen@ks-usa.net

In re Hilda Catherine Williams
   Bankr. D. Md. Case No. 19-19821
      Chapter 11 Petition filed July 22, 2019
         Filed Pro Se

In re Terry Hawkins and Jackie Hawkins
   Bankr. W.D. Tenn. Case No. 19-25640
      Chapter 11 Petition filed July 22, 2019
         represented by: Toni Campbell Parker, Esq.
                         E-mail: tparker002@att.net

In re Larry Victor Zimont and Jessica Barry Zimont
   Bankr. D. Ariz. Case No. 19-09079
      Chapter 11 Petition filed July 23, 2019
         represented by: Krystal Marie Ahart, Esq.
                         KAHN & AHART, PLLC
                         E-mail: Krystal.Ahart@azbk.biz

In re Luis Carlos Flores and Teresa Flores
   Bankr. C.D. Cal. Case No. 19-11859
      Chapter 11 Petition filed July 23, 2019
         represented by: Lionel E. Giron, Esq.
                         LAW OFFICES OF LIONEL E GIRON
                         E-mail: ecf@lglawoffices.com

In re Simon David Robles and Maria Elena Robles
   Bankr. S.D. Fla. Case No. 19-19775
      Chapter 11 Petition filed July 23, 2019
         represented by: Susan D. Lasky, Esq.
                         E-mail: ECF@suelasky.com

In re James Windell Ethridge and Janet D. Ethridge
   Bankr. W.D. La. Case No. 19-50878
      Chapter 11 Petition filed July 23, 2019
          represented by: Thomas E. St. Germain, Esq.
                          WEINSTEIN LAW FIRM
                          E-mail: ecf@weinlaw.com

In re Scoop Ventures Investments, LLC
   Bankr. E.D.N.C. Case No. 19-03335
      Chapter 11 Petition filed July 23, 2019
         See http://bankrupt.com/misc/nceb19-03335.pdf
         represented by: Danny Bradford, Esq.
                         PAUL D. BRADFORD, PLLC
                         E-mail: dbradford@bradford-law.com

In re 3 Fellas Developers LLC
   Bankr. S.D.N.Y. Case No. 19-36193
      Chapter 11 Petition filed July 23, 2019
         Filed Pro Se

In re Meseid Mikheil
   Bankr. M.D. Tenn. Case No. 19-04659
      Chapter 11 Petition filed July 23, 2019
         represented by: LEFKOVITZ AND LEFKOVITZ, PLLC
                         E-mail: slefkovitz@lefkovitz.com


                            *********

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

Troubled Company Reporter is a daily newsletter co-published
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 2019.  All rights reserved.  ISSN: 1520-9474.

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

The TCR subscription rate is $975 for 6 months delivered via
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are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000.

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