/raid1/www/Hosts/bankrupt/TCR_Public/190817.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Saturday, August 17, 2019, Vol. 23, No. 228

                            Headlines

SHANNON STALEY: Granted Cash Use Pending Aug. 28 Final Hearing
SOUTH COAST BEHAVIORAL: Healthcare Co Gets Nod to Collect Insurance
STRAIGHT UP ENTERPRISES: Wants Continued Use of JPMorgan Chase Cash
VANGUARD RESOURCES: Net Loss Widens to $314.12 Million in June

                            *********

SHANNON STALEY: Granted Cash Use Pending Aug. 28 Final Hearing
--------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Pennsylvania
issued an amended order allowing Shannon Staley & Sons, LLC, to use
cash collateral on an interim basis in order to pay necessary
operating and overhead expenses, maintain its assets, operate its
business, or sell or otherwise liquidate its assets.  

Moreover, the Debtor is allowed to pay expenses pursuant to
Court-approved budget plus up to 10 percent variance of the
cumulative budgeted items.   The Debtor shall pay $8,000 to Dollar
Bank for adequate protection, payable on the last day of each
month, beginning August 2019.

Before the Petition Date, the Debtor and Dollar Bank are parties to
a certain Line of Credit Note amounting to $250,000 as well as to a
certain Security Agreement.   As of the Petition Date, the Debtor
owes Dollar Bank at least $217,000 in unpaid principal and accrued
interest.  Dollar Bank asserts to have a valid, enforceable and
allowable secured claim on the Debtor's assets.

The Debtor's motion is approved on a limited basis pending final
hearing on August 28, 2019 at 2:30 p.m.  

                      About Shannon Staley

Shannon Staley & Sons LLC -- https://shannonstaleyandsons.com/ --
is a full-service construction services firm offering on demand
construction services, turn key real estate, contract construction
services, and property management services.

Shannon Staley sought Chapter 11 protection (Bankr. W.D. Pa. Case
No. 19-23101) on Aug. 6, 2019, in Pittsburgh, Pennsylvania.  As of
the Petition Date, Debtor estimated total assets between $500,000
and $1 million, and liabilities between $1 million and $10 million.
The Hon. Carlota M. Bohm oversees the Debtor's case.  Robert O.
Lampl Law Office is the Debtor's counsel.


SOUTH COAST BEHAVIORAL: Healthcare Co Gets Nod to Collect Insurance
-------------------------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California
approved on a final basis the motion filed by South Coast
Behavioral Health, Inc., (i) directing all insurance companies and
other parties owing funds to the Debtor to remit payments to the
Debtor, (ii) authorizing use of cash collateral on an interim
basis, and (iii) to grant replacement liens.   The Court also
granted to schedule a final hearing as to the permanent use of cash
collateral.  The Debtor has sought also to authorize cash
collateral on a permanent basis.

The Court document did not disclose any other information.

                About South Coast Behavioral Health

South Coast Behavioral Health, Inc. -- https://www.scbh.com/ -- is
a healthcare company that specializes in the in-patient and
outpatient treatment of addicts, alcoholics, and persons dealing
with mental health issues.  It offers a clinically supervised
residential sub acute detox services, therapeutic and residential
treatment centers, intensive outpatient treatment services, and
partial hospitalization programs.

South Coast Behavioral Health sought protection under Chapter 11 of
the Bankruptcy Code (Bankr. C.D. Cal. Case No. 19-12375) on June
20, 2019.  At the time of the filing, the Debtor disclosed assets
of between $1 million and $10 million and liabilities of the same
range.  The case is assigned to Judge Mark S. Wallace.  Nicastro &
Associates, P.C., is the Debtor's legal counsel.


STRAIGHT UP ENTERPRISES: Wants Continued Use of JPMorgan Chase Cash
-------------------------------------------------------------------
Straight Up Enterprises, Inc., asks Judge Joel D. Applebaum of the
U.S. Bankruptcy Court for the Eastern District of Michigan to
continue using cash collateral of JP Morgan Chase Bank.  Dennis M.
Haley, Esq., at Winegarden Haley Lidholm Tucker & Himelhoch,
attorney for the Debtor, says the Debtor has negotiated with JP
Morgan Chase the terms for an extension to use the cash collateral.


The Debtor proposes to make the following principal payments:
   (a) $107,700.93 on or before August 20, 2019;
   (b) $100,000 on or before September 20, 2019;
   (c) $100,000 on or before October 20, 2019 either as a condition
of a confirmed Plan or under order of the Court if there is no
confirmed Plan by that date.

Mr. Haley says the U.S. Trustee has no objection to the extension
request.  The Debtor seeks an expedited hearing on the Motion.

                 About Straight Up Enterprises

Straight Up Enterprises, Inc., is a retailer of sports apparel and
other miscellaneous sports gear and accessories.  

Straight Up Enterprises sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. E.D. Mich. Case No. 19-31010) on April 23,
2019.  At the time of the filing, the Debtor disclosed $1,985,246
in assets and $5,557,303 in liabilities.

The case is assigned to Judge Daniel S. Opperman.  

The Debtor tapped Winegarden, Haley, Lindholm Tucker & Himelhoch,
P.L.C., as its legal counsel.

The U.S. Trustee for Region 9 on May 8, 2019, appointed three
creditors to serve on an official committee of unsecured creditors
in the Chapter 11 case.  The committee retained Cooley LLP, as lead
counsel, and Miller Canfield Paddock and Stone, P.L.C., as Michigan
counsel.


VANGUARD RESOURCES: Net Loss Widens to $314.12 Million in June
--------------------------------------------------------------
Vanguard Natural Resources, Inc., filed with the U.S. Securities
and Exchange Commission its monthly operating report for June
2019.

The Debtor's statement of operations showed a net loss of $314.12
million on $26.58 million in total revenues for June, an increase
from $7.26 million net loss reported for May.

As of June 30, 2019, the Debtor listed $1.16 billion in total
assets, $1.23 billion in total liabilities, and -$69.12 million in
total shareholders' equity.

At June 1, 2019, the Debtor had $45.94 million cash.  It listed
total cash receipts of $36.64 million and total disbursements of
$33.35 million.  Thus, the Debtor had $49.23 million cash at June
30.

A copy of the monthly operating report is available at the SEC at:

                     https://is.gd/nUeciT

                About Vanguard Natural Resources

Vanguard Natural Resources Inc. -- https://www.vnrenergy.com/ -- is
an independent exploration and production company focused on the
production and development of oil and natural gas properties in the
United States.  Its assets consist primarily of producing and
non-producing oil and natural gas reserves located in the Green
River Basin in Wyoming, the Piceance Basin in Colorado, the Permian
Basin in West Texas and New Mexico, the Arkoma Basin in Oklahoma,
the Gulf Coast Basin in Texas, Louisiana and Alabama, the Big Horn
Basin in Wyoming and Montana, the Anadarko Basin in Oklahoma and
North Texas, the Wind River Basin in Wyoming, and the Powder River
Basin in Wyoming.  Headquartered in Houston, the company and its
affiliates have 295 employees.

Vanguard Natural Resources and its affiliates sought protection
under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex. Lead Case
No. 19-31786) on March 31, 2019.  At the time of the filing, the
Debtors disclosed $1.478 billion in assets and $1.196 billion in
liabilities.

The cases are assigned to Judge David R. Jones.

The Debtors tapped Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as bankruptcy counsel; Blank Rome LLP as
co-counsel with Kirkland; Evercore Group LLC as financial advisor
and investment banker; Opportune LLP as restructuring advisor; and
Prime Clerk LLC as claims and balloting agent and administrative
advisor.

The Office of the U.S. Trustee appointed an official committee of
unsecured creditors on April 11, 2019.  The committee tapped Locke
Lord LLP as its legal counsel.


                            *********

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

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

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

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

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

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

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

                            *********

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

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

Copyright 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
e-mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Peter A.
Chapman at 215-945-7000.

                   *** End of Transmission ***