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

              Friday, July 12, 2024, Vol. 28, No. 193

                            Headlines

1708 S. RACINE: Hires Leibowitz Hiltz & Zanzig as Legal Counsel
1982 ENSIGN: Hires Hernani Mendoza as Real Estate Broker
2015 PARK: Taps Nathaniel Peter Holzer as Bankruptcy Counsel
2U INC: BlackRock No Longer Holds Shares as of June 30
538 MOUNT HOPE: Continued Operations to Fund Plan Payments

80 COTTONTAIL RE: Sec. 341(a) Meeting of Creditors on Aug. 8
ABLE EVENTS: Dejoria, Rokit Avoid Mediation w/ Williams, Rockets
ACI CAPITAL: U.S. Trustee Unable to Appoint Committee
ACORDA THERAPEUTICS: Merz Closes $185M Asset Purchase Agreement
ADKOM LLC: Seeks Chapter 11 Bankruptcy Protection in Illinois

ADVANCED CARE: U.S. Trustee Unable to Appoint Committee
AFTON OAKS RESIDENCES: Sec. 341(a) Meeting of Creditors on Aug. 9
AITEON 1 LLC: Hits Chapter 11 Bankruptcy Protection in C.D. Cal.
ALLIANCE MESA CARDIO: Hits Chapter 11 Bankruptcy Protection
ALTICE USA: Creditors Reaches Pact to Stop Lender Fights

AMARILLO PLATINUM: Sec. 341(a) Meeting of Creditors on Aug. 2
AMBRI INC: Asset Sale Moves Forward After Settlement w/ Creditors
AMELIOM IT LLC: Sec. 341(a) Meeting of Creditors on July 26
AMERICANAS SA: Police Arrests Ex-CEO for Massive Fraud in Brazil
APTIM CORP: Moody's Hikes CFR to 'B3', Outlook Stable

ARTIFICIAL INTELLIGENCE: Continues Penetration Into Car Dealerships
ASHFORD HOSPITALITY: Raises $139MM From Preferred Equity Offering
ASHFORD HOSPITALITY: Swaps 2.3MM Common Shares for Preferred Shares
ATARA BIOTHERAPEUTICS: BlackRock No Longer Holds Shares
AUDACY INC: Cut 3% of Workforce Since Chapter 11 Filing

AULT ALLIANCE: Reports 96.50% Stake in RiskOn Intl. as of June 13
AURORA GRACE: Case Summary & 20 Largest Unsecured Creditors
BARRETTS MINERALS: Creditors Want Ch. 11 Bankruptcy Case Dismissed
BASIC FUN INC: Hits Chapter 11 Bankruptcy Protection
BAUDAX BIO INC: Seeks Reorganization Plan Filing Extension

BB 23 HOLLOW: Hires Goldberg Weprin Finkel Goldstein as Counsel
BEITLER TEXAS: Sec. 341(a) Meeting of Creditors on Aug. 6
BELLWETHER INC: Seeks to Hire Brannen Firm as Legal Counsel
BETTER CHOICE: Initiates Offering of 1.64M Common Shares, Warrants
BIG LOTS: BlackRock Holds 1.8% Stake as of June 30

BIG LOTS: Intends to Close 35 to 50 Stores in 2024
BOB'S STORES: Closes All Locations in Chapter 11
BRET FOXSON: Court Affirms Summary Judgment for Insurer
BRUNER ENTERPRISES: Hires Blackwood Law Firm as Bankruptcy Counsel
BULA DEVELOPMENTS: Walter Dahl Named Subchapter V Trustee

CANO HEALTH: Court OKs Chapter 11 Exit Under Lenders' Control
CARESTREAM DENTAL: Seeks New Private Funding Prior Restructuring
CARVANA CO: BlackRock Holds 4.2% of Class A Shares as of June 30
CHARTER COMMUNICATIONS: Moody's Alters Outlook on Ba2 CFR to Neg.
CHICKEN SOUP: Former CEO Taps Defense Lawyers to Avoid Ch.11 Probe

CJM TRANSPORTATION: Hires Tom Bible Law as Attorney
CLARKS SUMMIT: University Set to Close Doors Citing Fiscal Woes
CLASS ACT RESTAURANT: Sec. 341(a) Meeting of Creditors on July 26
CLEARWATER PAPER: Moody's Cuts Unsec. Notes Rating to 'B1'
CLINE DESIGN: Seeks to Extend Plan Exclusivity to Sept. 9

CLOUDERA INC: Moody's Affirms 'B3' CFR, Outlook Remains Stable
CLR ADMIN: Seeks to Tap McDonald Hopkins LLC as Special Counsel
COACH USA: Seeks to Hire Bennett Jones as Restructuring Counsel
COMMERCIAL OFFICE: Case Summary & 20 Largest Unsecured Creditors
COMTECH TELECOMMUNICATIONS: BlackRock Holds 1.5% as of June 30

CONGREGATION GINZEI: Seeks Chapter 11 Bankruptcy Protection
CONVERGEONE: Judge Rejects Lenders Request to Stop Chapter 11 Plan
CORRELATE ENERGY: Names Chuck Markovic as Interim CFO
COX LAND: L. Todd Budgen Named Subchapter V Trustee
COX LAND: Seeks to Hire Bryan K. Mickler as Attorney

CPI HOLDCO: Moody's Rates New Secured First Lien Term Loan 'Ba2'
CREDIVALORES: New York Court Approves Bond Swap
CRYPTO CO: Board Member Holly Ruxin Holds 6.07% Stake
CTD ENTERPRISES: Taps Bernstein Shur Sawyer & Nelson as Counsel
DAB CONSTRUCTORS INC: Seeks $3.96 Mil. Employee Retention Credits

DESAROLLOS GJOM: Taps Luis R. Carrasquillo as Financial Consultant
DESARROLLOS GJOM: Hires Charles A. Cuprill P.S.C. as Counsel
DESARROLLOS GJOM: Sec. 341(a) Meeting of Creditors on July 29
DIOCESE OF NORWICH: Unsecureds Will Get 20% of Claims in 5 Years
DIOCESE OF ROCHESTER: Purdue Ruling Could Affect Settlements

DIOCESE OF SYRACUSE: Robert F. Julian Advises Sexual Abuse Claimant
DR. ERNIE F SOTO P.A.: Commences Subchapter V Bankruptcy Process
DULIN FAMILY: U.S. Trustee Unable to Appoint Committee
DURHAM HOMES: Aleida Martinez Molina Named Subchapter V Trustee
DURHAM HOMES: Seeks to Hire GGG Partners as Financial Advisor

EARTHSNAP INC: Kicks Off Subchapter V Bankruptcy Protection
EAST COAST: Announces Closure of Roscoe's House of Chicken in Ch.11
EDGEWOOD MANOR TRENTON: Seeks Chapter 11 Bankruptcy Protection
EEI GLOBAL: Seeks Chapter 11 Bankruptcy Protection
EL DORADO GAS: Plan Exclusivity Period Extended to October 19

EL DORADO: Tiger Group Plans to Hold Court-Ordered Online Auctions
ELECTRIQ POWER: Bankruptcy Leaves Homeowners With Liens
ELLIE LANE CAPITAL: Meeting of Your SolarMate Creditors on July 23
ELLIE LANE: Seeks to Hire Haberbush as General Bankruptcy Counsel
ELYSIUM AXIS LLC: Hits Chapter 11 Bankruptcy Protection

ELYSIUM AXIS: Hires Law Offices of Michael Jay Berger as Counsel
EMERGENT BIOSOLUTIONS: BlackRock Holds 7.3% Stake as of June 30
EXPEDITOR SYSTEMS: Seeks to Tap Leibowitz Hiltz & Zanzig as Counsel
FANTASY CUISINE: Seeks Chapter 11 Bankruptcy Protection
FARFETCH LIMITED: Chapter 15 Case Summary

FAUXGENET HOLDINGS: Sec. 341(a) Meeting of Creditors on Aug. 2
FLUENT INC: All Three Proposals Approved at Special Meeting
FREE SPEECH: Hook Families Can't Get $50 Mil. for Shooting Claims
FREE SPEECH: Hook Families Divided on Jones' Asset Distribution
FREE SPEECH: Jones' Ch.11 Trustee Wants Collection Efforts Paused

FTX GROUP: Class Action Attys Can't Stop Chapter 11 Plan Vote
FTX GROUP: Customers Vote on Repayment Plan
FTX GRP: CoinShares Intl. Ltd. Sells Its Claim in the Co.
FTX TRADING: Fine-Tunes Plan Documents; Confirmation Hearing Oct. 7
GATEWAY AT WYNWOOD: Seeks Chapter 11 Bankruptcy Protection

GIRARDI & KEESE: Tom Tells Court FBI Agents Violated His Rights
GREENROSE HOLDING: Hits $6.5 Million Chapter 7 Bankruptcy
GULF SOUTH: Plan Exclusivity Period Extended to August 14
HAWAIIAN ELECTRIC: Gets Court Okay for $250Mil. Credit Line
HIGH LINER: Moody's Rates New $240MM First Lien Term Loan 'B2'

HOBBS & ASSOCIATES: Moody's Assigns First Time 'B2' CFR
HODGSON MILL CORP: Ends in Chapter 11 Bankruptcy Filing
HOLIDAY IN CAM: Files for Subchapter V Bankruptcy
HOMES AND HOUSES UTAH: Ends in Chapter 11 Bankruptcy Filing
HONEY DO FRANCHISING: Starts Subchapter V Bankruptcy in Tennessee

HOOTERS OF AMERICA: Closes 40 Locations Citing High Operating Costs
HORNBLOWER HOLDINGS: Davis Polk Advised Crestview in Chapter 11
HUDSON 888 OWNER: Lenders Challenge Chapter 11 Bankruptcy Exit Plan
IBIO INC: Files Form S-3 for $150 Million Mixed Shelf Offering
IMERI ENTERPRISES: Seeks to Hire Ahmed Abdalwahab as Accountant

IMPERIAL PACIFIC: Owes CNMI Govt. More Than $87.5 Million
INCORA: Court Expects to Rule 2022 Financing Agreement Illegal
INK! COFFEE CO: Hits Chapter 11 Bankruptcy Protection
INNOVATE LOAN: Seeks to Hire Culhane as Bankruptcy Counsel
INSPIRED GIFTS: Seeks to Hire Blackwood Law Firm as Legal Counsel

INTERACTIVE HEALTH: Hires Zigo & Associates, LLC as Accountant
J.H. LLC: Gets OK to Hire Memory Memory & Causby as Legal Counsel
JJ ARCH: Seeks to Extend Plan Exclusivity to Jan. 3, 2025
JOHNSTON & RHODES: Seeks to Hire Cooper Arias as Accountant
JT ISLAND WAY: Voluntary Chapter 11 Case Summary

JULIAN'S RECIPE: Kicks Off Subchapter V Bankruptcy Process
K9 CONSULTANTS: Hires Blachard Law P.A. as Attorney
KAYA HOLDINGS: Announces Grand Opening of The Sacred Mushroom
KIDWELL GROUP: Hires Krapf Legal P.A. as Special Counsel
LENDIT CONFERENCE LLC: Fintech Nexus Hits Chapter 7 Bankruptcy

LEO CHULIYA: Seeks to Hire Penachio Malara as Bankruptcy Counsel
LL FLOORING HOLDINGS: Reportedly Mulling Chapter 11 Filing
LL FLOORING: F9 Urges Director Changes Amid Bankruptcy Concerns
LORDSTOWN MOTORS: Chancery Court Okays $15.5 SPAC Suit Deal
LOS TRECE TEXAS: Sec. 341(a) Meeting of Creditors on July 30

LTL MANAGEMENT: J&J Spar w/ Beasley Allen Continues on Talc Tort
MADDIEBRIT PRODUCTS: Commences Subchapter V Bankruptcy Process
MAGNOLIA ROSE: Hires Rountree Leitman Klein as Attorney
MARINUS PHARMACEUTICALS: BlackRock Holds 3.4% Stake as of June 30
MATER ACADEMY: S&P Assigns 'BB' Rating on 2024A/B Revenue Bonds

MAXIMUS SUPPLY: Hires Gutwein LLP as Special Counsel
MIDWEST GAMING: Moody's Affirms 'B2' CFR, Outlook Remains Stable
MIKESELL TRADING: Taps Kaplan Johnson Abate & Bird as Legal Counsel
MILK STREET: Hires Casner & Edwards LLP as Counsel
MINI MANIA: Hires FoxLaw Corporation as Bankruptcy Counsel

MIRACLE RESTAURANT: Arby's Franchisee Seeks Chapter 11 Bankruptcy
MOD PIZZA: Reportedly Preparing for Potential Bankruptcy
MONTGOMERY TREE FARM: Commences Subchapter V Bankruptcy Process
MOUNTAIN SPORTS: Asks Court Approval for Chapter 11 Inventory Sale
MOUNTAIN SPORTS: U.S. Trustee Appoints Creditors' Committee

MR. G'S PROPERTIES: Voluntary Chapter 11 Case Summary
MR. TORTILLA: Hires Oliver Bookkeeping as Bookkeeper
NEELY GROUP: Seeks to Extend Plan Exclusivity to October 14
NEON MAPLE: S&P Assigns Preliminary 'B+' ICR, Outlook Stable
NEVER FORGET: Case Summary & 20 Largest Unsecured Creditors

NGP XI MIDSTREAM: Moody's Assigns First Time B3 Corp. Family Rating
NORRIS TRAINING: Voluntary Chapter 11 Case Summary
NORTHWEST BIOTHERAPEUTICS: All 5 Proposals Passed at Annual Meeting
NORTHWEST RENEWABLE: Starts Subchapter V Bankruptcy Process
NORWICH DIOCESE: Creditors Stop Supporting Joint Bankruptcy Plan

OCEAN POWER: Signs Deal with AltaSea to Advance Wave Power Projects
OCEAN POWER: Signs Reseller Agreement With Survey Equipment
OFFICE PROPERTIES: BlackRock Holds 4.5% Stake as of June 30
OMERS RELIEF: S&P Affirms 'B-' Issuer Credit Rating, Outlook Stable
ONEDIGITAL BORROWER: Moody's Rates New $75MM First Lien Loan 'B3'

ORGANON & CO: Moody's Rates New Secured First Lien Term Loan 'Ba1'
OTSO ENERGY: Hires Okin Adams Bartlett Curry LLP as Attorney
PATRIOT TRANSPORT: Hires Leibowitz Hiltz & Zanzig as Legal Counsel
PGA-MV REALTY LLC: Kicks Off Chapter 11 Bankruptcy Protection
PIECEMAKERS: Commences Subchapter V Bankruptcy Process

PINEAPPLE ENERGY: CFO, Directors Resign; New Directors Named
PINEAPPLE ENERGY: Taps Conduit Capital for Strategic Support
PINK BASKET: Seeks to Hire Munshi CPA P.C. as Accountant
PLAZA MARIACHI: Seeks Chapter 11 Bankruptcy in Tennessee
PP&G INC: Seeks to Hire Andrew B. Saller as Special Counsel

PPGE ALAMO: Hires Matthews Real Estate Investment as Broker
PPGE ALAMO: Hires Stouffer & Associates as Appraiser
PPGE ALAMO: Sec. 341(a) Meeting of Creditors on July 15
PRO CIV CONSTRUCTION: Starts Subchapter V Bankruptcy Proceeding
PROGRAM INSITE: Case Summary & 10 Unsecured Creditors

PROSOMNUS SLEEP: Gets Okay to Seek Chapter 11 Plan Votes
PUERTO RICO: PREPA Creditors Extend Broad Repayment Fight
PUERTO RICO: PREPA Loses Support of Insurer on Debt-Cutting Plan
PULSE PHYSICIAN: Melissa Haselden Named Subchapter V Trustee
PURDUE PHARMA: MoloLamken Highlights Bankruptcy in Latest Briefing

PURDUE PHARMA: States Agree to Mediate After Sackler Ruling
QLESS INC: Hits Chapter 11 Bankruptcy Protection in Delaware
RED LOBSTER: Intends to Hasten Chapter 11 Bankruptcy Exit
REGAL PRESS: Hires Thornton Springer LLP as Accountant
RESIDENT RESEARCH: Starts Subchapter V Bankruptcy Process

RITE AID CORP: Gets Clearance for Ch. 11 Exit, Stops Total Closure
RITE AID CORP: Wins $200 Million Elixir Sale Dispute
RITE AID: Auctions MedImpact Loan for Elixir Deal at 90 Cents
RITE AID: Closes Detroit Distribution Facility,Lays Off 191 Workers
RITE AID: Reaches $409M Settlement in Whistleblower Lawsuit

RIVER SUB: Michael Colvard Named Subchapter V Trustee
RIVER SUBS LLC: Starts Subchapter V Bankruptcy Proceeding
RKO SERVICES: Files for Subchapter V Bankruptcy
ROSE ANIMAL: Hires Rountree Leitman Klein as Counsel
ROYSTONE ON QUEEN: Hires Bush Kornfeld LLP as Bankruptcy Counsel

ROYSTONE ON QUEEN: Hires Cushman & Wakefield as Appraiser
RRG INC: Seeks to Hire Klosinski Overstreet LLP as Attorney
RYAN SPECIALTY: Fitch Assigns 'BB+' LongTerm IDR, Outlook Stable
SALT LIFE: Seeks Chapter 11 Bankruptcy Protection
SANDVINE CORP: Moody's Withdraws 'Caa1' Corp. Family Rating

SC HEALTH CARE: Petersen Selects $136 Million Winning Asset Bids
SCILEX HOLDING: Settles Virpax Suit for $6 Million
SDI GIFT CARD LLC: Hits Chapter 11 Bankruptcy Protection
SEARS HOMETOWN: Eddie Lampert Wins Damage Reduction Suit
SIX FLAGS: Moody's Assigns 'Ba3' CFR Amid Cedar Fair Transaction

SKYX PLATFORMS: All Four Proposals Approved at Annual Meeting
SMITH FOOD: Seeks to Hire Siskind as Bankruptcy Counsel
SOLAR BIOTECH INC: Seeks Chapter 11 With Assets Sale
SOLAR BIOTECH: U.S. Trustee Appoints Creditors' Committee
SOLDIER OPERATING: Ch.11 Committee Seeks to Hire Bankruptcy Counsel

SOUTH HILLS OPERATIONS: Cigna Health Objects to Chapter 11 Sale
SPELL IT WITH COLOR: Neema Varghese Named Subchapter V Trustee
SSE DEVELOPMENT: Seeks Chapter 11 Bankruptcy Protection
STARBRIDGE (ONTARIO): Airport Hotel for Auction in July 2024
STARBRIDGE (ONTARIO): Taps Holthouse Carlin & Van as Tax Advisor

STEWARD HEALTH: Lawmakers Try to Stop REITs from Owning Hospitals
STEWARD HEALTH: Pays Rent Amid Bankruptcy, Healthcare Realty Says
SYEDE ENTERPRISES: Sec. 341(a) Meeting of Creditors on Aug. 7
SYNAPSE FINANCIAL: Data Fight w/ MongoDB Could Hit Payouts
SYNAPSE FINANCIAL: Senators Want Partners to Free Customer Deposits

TAKEOFF TECHNOLOGIES: Wants Alter Loan to Stop Liquidation
TALEN ENERGY: Pays 2 Former V&E Lawyers About $19 Million
TECHPRECISION CORP: Closes $2.3 Million Private Placement
TECHPRECISION CORP: Delays Filing of FY 2024 Annual Report
TEHUM CARE SERVICES: Claimants Lose Bankruptcy Ruling Appeal Bid

TELESAT CORP: Creditors Want to Begin 2026 Debt Maturities Talks
THERATECHNOLOGIES INC: Swings to $987K Net Profit in Second Quarter
TINA MARSHALL DDS: Commences Subchapter V Bankruptcy Proceeding
TITAN INTERNATIONAL: Moody's Alters Outlook on 'B1' CFR to Stable
TONY'S EXPRESS: California-Based Carrier Enters Chapter 11

TONY'S EXPRESS: Hires Levene Neale Bender as Bankruptcy Counsel
TOWER HEALTH: Fitch Affirms 'CCC' LongTerm Issuer Default Rating
TPT GLOBAL: Signs Settlement Deal With American Towers Plaintiffs
TRINSEO PLC: BlackRock Holds 2.8% Stake as of June 30
UNDER ARMOUR: Moody's Affirms Ba2 CFR & Alters Outlook to Negative

UNITED TRAINING CAREER: Seeks Chapter 7 Bankruptcy
VECTOR UTILITIES: Amends Unsecured Claims Pay Details
VIASAT INC: BlackRock Holds 11.7% Stake as of June 30
VIZIENT INC: Moody's Rates New 1st Lien Debt 'Ba2', Outlook Stable
VUZIX CORP: BlackRock Holds 2.4% Stake as of June 30

VVI HOLDINGS: Hires TTR Sotheby International Realty as Broker
WATCO COMPANIES: Moody's Alters Outlook on 'B2' CFR to Positive
WESTER RISE INC: Starts Subchapter V Bankruptcy Proceeding
WILLIAMS LAND: Ace Funding's Bid for Leave to Appeal Order Denied
WINDSOR TERRACE: Plan Exclusivity Period Extended to August 29

WINDSTREAM SERVICES: Moody's Affirms 'B3' CFR, Outlook Stable
WOM SA: Reaches Deal With Noteholders on Ch. 11 Dismissal Bid
WORKHORSE GROUP: Regains Compliance with Nasdaq's Listing Rules
WW INTERNATIONAL: BlackRock Holds 1.8% Stake as of June 30
XTC HOLDINGS: Gregory Jones of Stradling Named Subchapter V Trustee

ZACHRY HOLDINGS: Claimholders' Committee Files Rule 2019 Statement
ZACHRY HOLDINGS: Gets Assurance for 2022, 2023 Work Costs Payment
ZHANG MEDICAL: Seeks to Hire Harper Danesh as Pension Plan Actuary
[*] 8 Famous Firms That Went Bankrupt in 2024
[*] Commercial Chapter 11 Filings Rise 70% in 1st Half of 2024

[*] Paladin Management Adds Amy Kirschner to Partnership Team
[*] Seward & Kissel Welcomes Anton Levchik as New CFO
[*] Small Biz Ch.11s Rise Before Lapse of Sub V Liability Limit
[] BOOK REVIEW: The Turnaround Manager's Handbook

                            *********

1708 S. RACINE: Hires Leibowitz Hiltz & Zanzig as Legal Counsel
---------------------------------------------------------------
1708 S. Racine, LLC seeks approval from the U.S. Bankruptcy Court
for the Northern District of Illinois to employ Leibowitz Hiltz &
Zanzig, LLC as its bankruptcy counsel.

The firm's services include:

     (a) assist the Debtor in performing its duties;

     (b) meet with the United States Trustee and their
representatives concerning administration of the estate;

     (c) meet and negotiate with creditors and their
representatives and other interested parties regarding matters
relating to the administration of the Debtor's estate; and

     (d) perform all other legal services as required.

The hourly rates of the firm's counsel and staff are as follows:

     John F. Hiltz, Partner      $550
     Paralegal                   $225

Mr. Hiltz disclosed in a court filing that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The firm can be reached through:

     John F. Hiltz, Esq.
     Leibowitz Hiltz & Zanzig, LLC
     53 West Jackson Blvd., Suite 1301
     Chicago, IL 60604
     Telephone: (312) 566-9008
     Email: john@lakelaw.com

                       About 1708 S. Racine

1708 S. Racine, LLC filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ill. Case No.
24-07345) on May 16, 2024, listing under $1 million in both assets
and liabilities.

Judge Janet S. Baer presides over the case.

John F. Hiltz, Esq. at Leibowitz Hiltz & Zanzig, LLC represents the
Debtor as counsel.


1982 ENSIGN: Hires Hernani Mendoza as Real Estate Broker
--------------------------------------------------------
1982 Ensign Way LLC seeks approval from the U.S. Bankruptcy Court
for the Northern District of California to employ Cristina Martinez
Company as real estate broker.

The firm will market and sell the Debtor's real property located at
1982 Ensign Way, San Jose, CA 95133.

The firm will be paid a commission of 5 percent of the sales
price.

As disclosed in a court filing that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached at:

     Hernani Mendoza
     Cristina Martinez Company
     1699 N. Capitol Avenue #30
     San Jose, CA 95132
     Tel: (408) 934-2000
     Email: hmendoza@cristinapowerhouse.com

              About 1982 Ensign Way

1982 Ensign Way LLC filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Cal. Case No.
24-50669) on May 6, 2024, listing $1,000,001 to $10 million in both
assets and liabilities.

Judge Stephen L Johnson presides over the case.

Oxana Kozlov, Esq. at the Law Offices Of Oxana Kozlov represents
the Debtor as counsel.


2015 PARK: Taps Nathaniel Peter Holzer as Bankruptcy Counsel
------------------------------------------------------------
2015 Park Street, LP seeks approval from the U.S. Bankruptcy Court
for the Southern District of Texas to employ Nathaniel Peter
Holzer, an attorney practicing in Corpus Christi, Tex., as its
bankruptcy counsel.

The attorney's services include:

     (a) take all necessary action to initiate this Chapter 11 and
assure compliance with the U.S. Trustee Guidelines;

     (b) take all necessary action to protect and preserve the
Debtor's estate;

     (c) prepare on behalf of the Debtor all necessary legal
papers;

     (d) take all necessary actions in connection with a Chapter 11
plan and related disclosure statement(s) and all related
documents;

     (e) challenge the extent, validity, or priority of claims
against the estate and liens claimed on property of the estate;

     (f) analyze or prosecute any Chapter 5 cause of action, if
any; and

     (g) perform all other necessary legal services in connection
with the prosecution of this Chapter 11 case.

The attorney will be paid at his hourly rate of $495 and $250 for
paralegal level work.

Mr. Holzer disclosed in a court filing that he is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The attorney can be reached at:

     Nathaniel Peter Holzer, Esq.
     1734 Santa Fe
     Corpus Christi, TX 78404
     Telephone: (361) 563-6175
     Email: pete@npholzerlaw.com

                     About 2015 Park Street

2015 Park Street LP owns and operates a park in Corpus Christi,
Texas offering a picturesque setting close to Corpus Christi Bay
and the scenic Oso Beach Municipal Golf Course. The Park also
offers a range of rental options to suit diverse lifestyles.

2015 Park Street filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex. Case No.
24-20183) on July 1, 2024, listing up to $50 million in assets and
up to $10 million in liabilities. The petition was signed by Clyde
Nazareth, president of General Partner.

Nathaniel Peter Holzer, Esq., represents the Debtor as counsel.


2U INC: BlackRock No Longer Holds Shares as of June 30
------------------------------------------------------
BlackRock, Inc. disclosed in a Schedule 13G/A Report filed with the
U.S. Securities and Exchange Commission that as of June 30, 2024,
it has ceased to be the beneficial owner of 2U, Inc.'s Common
Stock.

A full-text copy of BlackRock's SEC Report is available at:

                  https://tinyurl.com/mw6erx35

                            About 2U Inc.

Headquartered in Lanham, Maryland, 2U is an online education
platform company.  The Company's mission is to expand access to
high-quality education and unlock human potential.  As a trusted
partner to top-ranked nonprofit universities and other leading
organizations, the Company delivers technology and services that
enable its clients to bring their educational offerings online at
scale.

2U, Inc. reported a net loss of $317.61 million for the year ended
Dec. 31, 2023, compared to a net loss of $322.15 million for the
year ended Dec. 31, 2022. As of March 31, 2024, the Company had
$1.43 billion in total assets, $1.26 billion in total liabilities,
and $168.58 million in total stockholders' equity.

McLean, Virginia-based KPMG LLP, the Company's auditor since 2013,
issued a "going concern" qualification in its report dated March 6,
2024, citing that the Company projects that it will not have
sufficient cash on hand or available liquidity to meet the
obligations of the Second Amended Credit Agreement.  As a result,
substantial doubt is raised about the Company's ability to continue
as a going concern.


538 MOUNT HOPE: Continued Operations to Fund Plan Payments
----------------------------------------------------------
538 Mount Hope Street LLC filed with the U.S. Bankruptcy Court for
the Eastern District of Massachusetts a Disclosure Statement
describing Plan of Reorganization dated June 27, 2024.

The Debtor is a single-asset entity holding property located 538
Mount Hope St., North Attleboro, MA (hereinafter "The Property").

The principal of the Debtor is Pamela Cavicchio. The property is
occupied by Ms. Cavicchio, her daughter, son-in-law and their
children. Ms. Cavicchio, through 538 Mount Hope Street LLC,
purchased the property on August 6, 2020. Utilities servicing the
property are in the individual occupants names and not in the name
of the Debtor.

The property has a first mortgage held by the U.S. Bank Trust
National Association, et al. and serviced by Fay Servicing, LLC.
Debtor fell behind in its payments in the mortgage and was required
to file a Chapter 11 petition to avoid foreclosure.

The Debtor's assets consist of the property. Debtor sets the value
of The Property in its Schedule A as $650,000.00. Debtor has two
creditors, Fay has filed a proof of claim claiming arrears of
$124,214.79 and the Internal Revenue Service submitting a claim of
$500.00.

The Debtor has operated as a debtor-in-possession since the filing
of its petition. Unable to do a modification with Fay, the Debtor
intends to continue to operate its business, collect income from
its occupants which will cover the ongoing expenses as well as plan
payments.

By way of overview, the Debtor's Plan contemplates repayment of
100% of all allowed proof of claims. The Debtor maintains one
significant creditor, the holder of the mortgage of the property,
Fay Servicing LLC.  

Class I consists of Secured Claim. The Debtor has a secured claim
held by U.S. Bank Trust National Association, et al., Fay
Servicing, LLC. The Debtor estimates Fay's arrears claim to be
approximately $124,214.79. Under the Plan Fay shall receive full
payment within 60 months of the Effective Date or when this claim
is finally determined, whichever is later. The post petition
payments on the loan shall be timely paid on the respective months
they are due.

Class II consists of Priority Unsecured Claims. The Debtors would
pay this claim in full within 60 days of the Effective Date.

Class III consists of General Unsecured Claims. Presently there are
no General Unsecured Claims, nor does Debtor anticipate any being
filed.

Class IV consists of Stock/Equity Interest. Under the Plan,
Cavicchio, the sole Manager Beneficiary and sole equity holder in
the Debtor, will retain the aforesaid ownership interest. After
payment of the Administrative Claimants, Class One, Class Two,
Class III, Cavicchio will continue to retain interest in the
property.

The Plan shall be implemented by means of the Debtor making
payments directly to Fay, toward the arrears, on a monthly basis
for 60 months. The Debtor shall pay the post petition monthly
payments as they become due. Debtor commenced making post petition
payment in April 2024. The Debtor shall also pay the Priority
Unsecured Claims to the IRS within 60 days of the Effective Date or
when the claim is finally determined.

A full-text copy of the Disclosure Statement dated June 27, 2024 is
available at https://urlcurt.com/u?l=51E5Bs from PacerMonitor.com
at no charge.

Counsel to the Debtor:

     Edmund L. Myers, Esq.
     31 Hastings Street, P.O. Box 163
     Mendon, MA 01756
     Telephone: (508) 478-2204
     Email: elm.esq@comcast.ne

                  About 538 Mount Hope Street

538 Mount Hope Street, LLC, is a single-asset entity holding
property located 538 Mount Hope St., North Attleboro, MA
(hereinafter "The Property").

The Debtor filed its voluntary petition for relief under Chapter 11
of the Bankruptcy Code (Bankr. E.D. Mass. Case No. 24-10463) on
Mar. 11, 2024, listing up to $1 million in both assets and
liabilities.

Judge Janet E. Bostwick oversees the case.

Edmund L. Myers, Esq., serves as the Debtor's counsel.


80 COTTONTAIL RE: Sec. 341(a) Meeting of Creditors on Aug. 8
------------------------------------------------------------
80 Cottontail RE Holdings LLC filed Chapter 11 protection in the
District of New Jersey.  The Debtor reports between $1 million and
$10 million in debt owed to 1 and 49 creditors.  The petition
states funds will be available to unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
August 8, 2024 at 9:00 a.m. in Room Telephonically.

                  About 80 Cottontail RE Holdings

80 Cottontail RE Holdings LLC sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. D.N.J. Case No. 24-16654) on July 1,
2024. In the petition signed by Tzvi Rivkin, as sole member, the
Debtor reports estimated assets and liabilities between $1 million
and $10 million each.

The Debtor is represented by:

     Eric H. Horn, Esq.
     A.Y. STRAUSS LLC
     290 West Mount Pleasant Avenue
     Suite 3260
     Livingston, NJ 07039
     Tel: 973-287-5006
     E-mail: ehorn@aystrauss.com


ABLE EVENTS: Dejoria, Rokit Avoid Mediation w/ Williams, Rockets
----------------------------------------------------------------
Daniel Libit of Sportico reports that billionaire John Paul
DeJoria, the co-founder of Patrón and primary patron of Rokit,
will no longer have to participate in bankruptcy mediation between
a Rokit subsidiary, the NBA's Houston Rockets and Formula 1's
Williams Grand Prix.

This week, Peter Mastan, the Chapter 7 trustee in the case of Able
Events Inc., asked a federal bankruptcy court in California for
DeJoria to "be excused from compulsory attendance." This came after
DeJoria had accused the trustee of misleading the court about his
role in Rokit, the controversial conglomerate that had previously
sponsored the Rockets, Team Williams and a number of other pro
sports teams.

As Sportico previously reported, many of those sponsorships
prematurely collapsed after Rokit ceased making good on its
payments. The company subsequently put four of its subsidiaries
into bankruptcy, include Able Events, thus inhibiting the efforts
of the Rockets and Team Williams to recoup millions of dollars from
those failed agreements.

Previously known as Rokit Marketing, Able Events filed its Chapter
7 petition in March 2022. The Rockets and Team Williams held
creditors' claims of $12.7 million and $31.4 million, respectively,
based on what had already been determined in arbitration and court
rulings.

In 2018, Able Events signed a four-year, $40 million agreement to
become the Rockets' first jersey patch sponsor. Rokit paid the NBA
team an upfront fee of $9.75 million, according to court records,
but then refused to pay anything after, claiming it had been misled
about the extent of the arrangement. The Rockets took the matter to
arbitration, where the team was awarded $11.9 million plus
post-judgment interest of 5% per year.

Over the last two years, the Rockets sought to pursue discovery
against Able Events in the bankruptcy case, but those efforts have
been met with repeated delays. Earlier this year, the Rockets
notified Able Events' bankruptcy judge that it had domesticated its
court-ordered judgment against Rokit in Los Angeles Superior Court
and would instead pursue discovery in that proceeding.

Mastan, meanwhile, has exhibited his own skepticism about the way
in which the Rokit "Group of Companies" is organized and who bears
liability for it. The enterprise was cofounded by DeJoria—shortly
after he sold Patrón to Bacardi Ltd. for $5.1 billion—and
Jonathan Kendrick, a British former tire salesman who holds the
title of Rokit chairman.

Originally focused on mobile phone technology, Rokit has since
pursued a far-flung array of commercial endeavors including
alcohol, music, movies, bicycles, tires and Wi-Fi infrastructure.

This week, Rokit announced that it would soon be collaborating with
United American Indian Involvement, a nonprofit social services
program, to build 150 low-cost homes for Native American senior
citizens in California.

It is unclear how many of Rokit's endeavors actually generate
revenue, let alone profits. Former employees of the company have
told Sportico that they were often left wondering whether
straight-forward commercialism was even its intent.

DeJoria, though not an officer or executive in Rokit, has been
involved in its business behind the scenes, according to multiple
sources. For example, he was active in discussions that led to a
10-year, $60 million sponsorship agreement between Rokit and the
Las Vegas Raiders. That deal, like those with the Rockets and
Williams, fell apart prematurely.

Mastan told the bankruptcy court that the capital raising process
for the Rokit companies effectively came down to Kendrick asking
DeJoria for money "when he needed it."

In May 2024, the Rockets, Able Events and Mastan participated in a
joint status conference, in which each of the parties signed off on
a global mediation, though they differed on how that should take
shape. Mastan contended that it should involve both Kendrick and
DeJoria— "who was discovered to be one of the primary funding
sources of the debtor, if not the sole funding source."

Mastan went on to assert that "there are so many different (Rokit)
entities that attempting to identify the relevant entities may be
futile, especially since all of them appear to be uncapitalized
(not undercapitalized. No capital.)."

Based in part on Mastan's reasoning, the judge initially ordered
DeJoria to participate along with Kendrick. However, on June 14,
2024, DeJoria filed a motion seeking to halt the mediation and for
the trustee to be sanctioned. In his filing, DeJoria insisted that
he had "no relationship whatsoever" with the subsidiary of the
company he co-founded.

"The Trustee attempts to justify Mr. DeJoria's participation in the
mediation because he provided funds to an affiliate of the debtor,"
the motion stated. "So what? Merely providing funds to an affiliate
of the debtor does not give this Court jurisdiction over Mr.
DeJoria."

DeJoria's attorneys further accused Mastan of seeking to "use the
mediation process as a device to extract some money" from their
wealthy client, calling it an "abuse of process." Though Mastan
later disputed that contention, he conceded the mediation process
would be less productive with a "party who has no intention of
voluntarily participating."

While DeJoria might have been given a reprieve, at least for now,
the former Rokit Marketing is under mounting pressure. Earlier this
month, its Los Angeles-based law firm filed a motion seeking to
immediately withdraw from the case "due to a breakdown in the
attorney-client relationship."

According to Levene, Neale, Bender, Yoo & Golubchik, Able Events
had been "in breach of material terms" of its representation
agreement.

"This court ordered the parties to attend a global mediation to try
and resolve issues with the debtor," the law firm wrote to the
court. "However, if that mediation fails, the trustee and the other
creditors have made clear that an adversary proceeding will very
likely be commenced against the debtor and various other
individuals or entities."

Kendrick, who still must participate in the mediation, did not
respond to an email request for comment.

For now, the bankruptcy court has ordered Able Events to show cause
by next month as to why its Chapter 7 case shouldn't be dismissed
for violating local bankruptcy rules by failing to maintain legal
representation. Were a dismissal to happen, the Rokit subsidiary
would lose its bankruptcy protections, including the automatic stay
of other pending litigation against it.

                      About Able Events Inc.

Able Events Inc., formerly known as Rokit Marketing Inc.,  is a
global venture capital conglomerate. ROKiT has a diverse portfolio
of innovative tech, premium products, and services.

Able Events Inc. sought relief under Chapter 7 of the U.S.
Bankruptcy Code (Bankr. C.D. Cal. 22-11344) on March 7, 2022.

The Honorable Bankruptcy Judge Sandra R. Klein handles the case.

The Debtor is represented by:

     David L. Neale, Esq.
     Levene, Neale, Bender, Yoo & Golubchik L.L.P.
     2818 La Cienega Avenue
     Los Angeles, CA 90034
     310-229-1234


ACI CAPITAL: U.S. Trustee Unable to Appoint Committee
-----------------------------------------------------
The U.S. Trustee for Region 21, until further notice, will not
appoint an official committee of unsecured creditors in the Chapter
11 case of ACI Capital Partners, Inc., according to court dockets.

                    About ACI Capital Partners

ACI Capital Partners Inc., a company in Tallahassee, Fla., filed
its voluntary petition for Chapter 11 protection (Bankr. N.D. Fla.
Case No. 24-40217) on May 30, 2024, with $100,000 to $500,000 in
assets and $1 million to $10 million in liabilities. ACI President
Terry E. Taylor signed the petition.

Judge Karen K. Specie oversees the case.

Bruner Wright, P.A. serves as the Debtor's legal counsel.


ACORDA THERAPEUTICS: Merz Closes $185M Asset Purchase Agreement
---------------------------------------------------------------
Merz Therapeutics has announced on July 10, the successful
acquisition of INBRIJA(R) (levodopa inhalation powder) and
(F)AMPYRA(R) (fampridine), and related assets from Acorda
Therapeutics, Inc. AMPYRA(R) (dalfampridine) is Food and Drug
Administration (FDA) approved in the U.S. and commercialized as
FAMPYRA in the European Union and other territories throughout the
world. This transaction was conducted through a court-structured
363 sale under the U.S. Bankruptcy Code. The completion of this
deal, valued at USD 185 million in cash, bolsters Merz
Therapeutics' market position by enhancing offerings for people
living with Parkinson's disease and expanding into the multiple
sclerosis (MS) space.

"The addition of INBRIJA and (F)AMPYRA to the treatment portfolio
underlines Merz Therapeutics' global Pivot for Growth strategy to
both evolve the current portfolio and achieve critical scale and
global reach, " said Stefan König, CEO of Merz Therapeutics. "Merz
Therapeutics is well poised to build on what we have accomplished
in the specialty neurology space, strengthening our market position
in Parkinson's disease and expanding into the MS segment. This deal
demonstrates Merz Therapeutics' interest and ability to acquire
assets that will deliver greater, sustainable outcomes for more
people living with neurological disorders."

INBRIJA and (F)AMPYRA are projected to immediately add topline
revenue which will enhance Merz Therapeutics' ability to accelerate
clinical development of its existing and new assets. Its U.S.
business is forecasted to contribute more than 75% of INBRIJA's and
(F)AMPYRA's total global revenues over the next 10 years.
Additionally, the company expects the U.S. workforce to increase by
more than 50%.

INBRIJA is a significant advancement for people living with
Parkinson's disease as it provides an on-demand, inhalable form of
levodopa, offering an effective way to manage "OFF" episodes. This
method of delivery, achievable through the innovative and
proprietary technology platform, ARCUS(R) , is especially valuable
for people who need rapid relief from their symptoms, which cannot
be achieved reliably through oral intake.

(F)AMPYRA is the first medication approved for improving walking in
patients with MS, demonstrated by an improved walking ability.

"Expanding the portfolio with INBRIJA, including plans for
worldwide product roll-out, and (F)AMPYRA allows Merz Therapeutics
the opportunity to leverage its experience in the specialty
neurology space to serve even more patients living with
neurological disorders and support the physicians who treat them,"
said Stefan Albrecht, Chief Scientific and Medical Officer.
"Because these treatments complement the company's product
portfolio and distribution system, we are well positioned to
support patients who depend on these products seamlessly."

About INBRIJA

INBRIJA(R) is an inhaled prescription levodopa medicine used to
treat the return of Parkinson's symptoms (known as "OFF" episodes)
in people with Parkinson's disease who are treated with
carbidopa/levodopa medicines. It does not replace the regular
carbidopa/levodopa medicines. INBRIJA is not to be used by people
with Parkinson's disease who take or have taken a nonselective
monoamine oxidase inhibitor, such as phenelzine or tranylcypromine,
within the last 2 weeks. The most common side effects of INBRIJA
are cough, upper respiratory tract infection, nausea and change in
the color of saliva or spit.

About FAMPYRA

FAMPYRA(R) is a prolonged-release (sustained release) tablet
formulation of the drug fampridine (4-aminopyridine, 4-AP or
dalfampridine). FAMPYRA is indicated in the European Union for the
improvement of walking in adult patients with multiple sclerosis
(MS) with walking disability (EDSS 4-7). In clinical trials, the
highest incidence of adverse reactions identified with FAMPYRA
given at the recommended dose was urinary tract infection. Other
adverse drug reactions identified were mainly divided between
neurological disorders such as insomnia, balance disorder,
dizziness, paraesthesia and headache, and gastrointestinal
disorders including nausea, dyspepsia and constipation. In
post-marketing experience, there have been reports of seizure.
Please see FAMPYRA EPAR for more information.

About AMPYRA

AMPYRA(R) is an extended-release tablet formulation of
dalfampridine (4-aminopyridine, 4-AP or fampridine). AMPYRA is a
potassium channel blocker approved as a treatment to help improve
walking in adults with multiple sclerosis (MS). This was
demonstrated by an increase in walking speed. The most common side
effects for AMPYRA in MS patients were urinary tract infection;
trouble sleeping; dizziness; headache; nausea; weakness; back pain;
problems with balance; multiple sclerosis relapse; burning,
tingling, or itching of your skin; irritation in your nose and
throat; constipation; indigestion; and pain in your throat. Please
see the AMPYRA Patient Medication Guide for more information.

                      About Merz Therapeutics

Merz Therapeutics is dedicated to improving the lives of patients
around the world. With its relentless research, development and
culture of innovation, Merz Therapeutics strives to serve unmet
patient needs and realize better outcomes. Merz Therapeutics seeks
to address the unique needs of people who suffer from movement
disorders, neurological conditions, liver disease and other health
conditions that severely impact patients' quality of life.

Merz Therapeutics is headquartered in Frankfurt am Main, Germany
and is represented in more than 90 countries, with a North America
affiliate based in Raleigh, North Carolina. Merz Therapeutics GmbH
is part of the Merz Group, a privately held, family-owned company
that has dedicated 115 years to developing innovations that serve
unmet patient and customer needs.

                    About Acorda Therapeutics

Acorda Therapeutics Inc. is a biopharmaceutical company that has
developed breakthrough products, therapies, and biotechnology to
restore function and improve the lives of people with neurological
disorders. INBRIJA is approved for intermittent treatment of OFF
episodes in adults with Parkinson's disease treated with
carbidopa/levodopa.

Acorda Therapeutics Inc. and its affiliates sought relief under
Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Lead Case
No. 24-22284) on April 1, 2024. In the petition signed by Michael
A. Gesser, as chief financial officer, the Debtor disclosed total
assets as of Dec. 31, 2023, of $108,525,000 and total debt as of
Dec. 31, 2023, of $266,204,000.

The Honorable Bankruptcy Judge David S. Jones handles the case.

The Debtor tapped Baker McKenzie as legal counsel; Togut, Segal &
Segal LLP as conflicts counsel; Ernst & Young as financial advisor;
and Ducera Partners and Leerink Partners as investment bankers.
Kroll Restructuring Administration is the claims agent.

Merz is being advised by Freshfields Bruckhaus Deringer US LLP as
legal counsel, Morgan Stanley as investment banker, and Deloitte as
financial and tax advisors. Senior Convertible Noteholders are
being advised by King & Spalding as legal counsel and Perella
Weinberg Partners as investment banker.

The U.S. Trustee for Region 2 appointed an official committee to
represent unsecured creditors in the Debtors' Chapter 11 cases.


ADKOM LLC: Seeks Chapter 11 Bankruptcy Protection in Illinois
-------------------------------------------------------------
Adkom LLC filed Chapter 11 protection in the Southern District of
Illinois. According to court filing, the Debtor reports between $1
million and $10 million in debt owed to 1 and 49 creditors. The
petition states funds will be available to unsecured creditors.

                         About Adkom LLC

Adkom LLC is a Single Asset Real Estate debtor (as defined in 11
U.S.C. Section 101(51B)).

Adkom LLC sought relief under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. S.D. Ill. Case No. 24-30425) on June 20, 2024. In the
petition signed by Joseph Adams, as manager, the Debtor reports
estimated assets between $500,000 and $1 million and estimated
liabilities between $1 million and $10 million.

The Debtor is represented by:

     Spencer Desai, Esq.
     THE DESAI LAW FIRM
     13321 North Outer Forty Road
     Suite 300
     Chesterfield, MO 63017
     Tel: 314-666-9781
     Email: spd@desailawfirmllc.com


ADVANCED CARE: U.S. Trustee Unable to Appoint Committee
-------------------------------------------------------
The U.S. Trustee for Region 21, until further notice, will not
appoint an official committee of unsecured creditors in the Chapter
11 case of Advanced Care Hospitalists, PL, according to court
dockets.

                  About Advanced Care Hospitalists

Advanced Care Hospitalists, PL is a medical group practice in
Lakeland, Fla.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. M.D. Fla. Case No. 24-02899) on May 21,
2024, with up to $50,000 in assets and up to $50 million in
liabilities. Gulab Sher, M.D., president and managing member,
signed the petition.

Judge Catherine Peek Mcewen oversees the case.

David S. Jennis, Esq., at David Jennis, P.A., doing business as
Jennis Morse, represents the Debtor as legal counsel.


AFTON OAKS RESIDENCES: Sec. 341(a) Meeting of Creditors on Aug. 9
-----------------------------------------------------------------
Afton Oaks Residences LLC filed Chapter 11 protection in the
Western District of Texas.  According to court documents, the
Debtor reports between $1 million and $10 million in debt owed to 1
and 49 creditors.  The petition states that funds will be available
to unsecured creditors.

A Sec. 341(a) meeting of creditors is set for Aug. 9, 2024, at
10:00 AM via Via Phone: (866)909-2905; Code: 5519921#- Proofs of
Claim Due 11/7/2024 (McGee, Maxine)

                About Afton Oaks Residences

Afton Oaks Residences LLC is a Single Asset Real Estate (as defined
in 11 U.S.C. Section 101(51B)).

Afton Oaks Residences sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. W.D. Tex. Case No. 24-51264) on July 1,
2024. In the petition filed by Jafar Sharif as manager, the Debtor
reports estimated assets between $10 million and $50 million and
estimated liabilities between $1 million and $10 million.

The Honorable Bankruptcy Judge Michael M. Parker oversees the
case.

The Debtor is represented by:

     Ronald Smeberg, Esq.
     THE SMEBERG LAW FIRM
     4 Imperial Oaks
     San Antonio TX 78248-1609
     Tel: (210) 695-6684
     Email: ron@smeberg.com



AITEON 1 LLC: Hits Chapter 11 Bankruptcy Protection in C.D. Cal.
----------------------------------------------------------------
On June 18, 2024, Aiteon 1 LLC filed Chapter 11 protection in the
Central District of California. According to court filing, the
Debtor reports between $1 million and $10 million in debt owed to 1
and 49 creditors. The petition states funds will be available to
unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 15, 2024 at 9:00 a.m. in Room Telephonically on telephone
conference line: 1-866-811-2961. participant access code: 9609127.

                 About Aiteon 1 LLC

Aiteon 1 LLC  is a Single Asset Real Estate debtor (as defined in
11 U.S.C. Section 101(51B)).

Aiteon 1 LLC sought relief under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. C.D. Cal. Case No. 24-14780) on June 18, 2024. In the
petition signed by Anne Kihagi, as manager, the Debtor reports
estimated assets and liabilities between $1 million and $10 million
each.

Honorable Bankruptcy Judge Sheri Bluebond handles the case.

The Debtor is represented by:

     Paul E. Manasian, Esq.
     LAW OFFICES OF PAUL E. MANASIAN
     1310 65th Street
     Emeryville, CA 94608
     Tel: (415) 730-3419
     E-mail: manasian@mrlawsf.com



ALLIANCE MESA CARDIO: Hits Chapter 11 Bankruptcy Protection
-----------------------------------------------------------
On June 15, 2024, Alliance Mesa Cardio LLC filed Chapter 11
protection in Northern District of Illinois. According to court
filing, the Debtor reports between $1 million and $10 million in
debt owed to 1 and 49 creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 11, 2024 at 1:00 p.m. in Room Telephonically on telephone
conference line: (866)654-5711. participant access code: 5282999.

           About Alliance Mesa Cardio LLC

Alliance Mesa Cardio LLC is a Single Asset Real Estate debtor (as
defined in 11 U.S.C. Section 101(51B)).

Alliance Mesa Cardio LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D. Ill. Case No. 24-08848) on June 15,
2024. In the petition signed by Ben Reinberg, as sole member of
Alliance Mesa Cardio Manager, LLC, which is the sole member of the
Debtor, the Debtor reports estimated assets and liabilities between
$1 million and $10 million each.

Honorable Bankruptcy Judge Janet S. Baer oversees the case.

The Debtor is represented by:

     David A. Warfield, Esq.
     THOMPSON COBURN LLP
     One US Bank Plaza, Suite 2700
     St. Louis MO 63101
     Tel: (314) 552-6000
     Email: dwarfield@thompsoncoburn.com


ALTICE USA: Creditors Reaches Pact to Stop Lender Fights
--------------------------------------------------------
Reshmi Basu of Bloomberg News reports that a group of lenders to
Altice USA Inc. has agreed to band together in an effort to make it
harder for the troubled company to pit creditors against each
other, according to people with knowledge of the matter.

The cooperation agreement will initially last 18 months, with the
option of being extended multiple times, according to one of the
people, who asked not be identified because the information is
private.

The terms of the pact are in line with those that Bloomberg News
reported last month amid growing concerns that Altice USA may seek
to restructure its debt load.

                       About Altice USA Inc.

Altice USA, Inc. is an American cable television provider.

                           *     *     *

As reported by the TCR on May 17, 2024, S&P Global Ratings lowered
all its ratings on Altice USA Inc. one notch, including the issuer
credit rating to 'CCC+', and removed them from Credit Watch, where
it placed them with negative implications on May 2, 2024. The
negative outlook reflects that S&P could lower its ratings if the
company opts to pursue a debt restructuring over the next year.

S&P said, "We believe Altice USA's capital structure is
unsustainable.  We believe the company is vulnerable to nonpayment
long term and depends on favorable business, financial, and
economic conditions to meet its financial obligations as they come
due in 2027 and beyond.  We believe it is more likely than not that
Altice USA will enter into a distressed debt restructuring that we
consider tantamount to default, or it could face bankruptcy long
term."


AMARILLO PLATINUM: Sec. 341(a) Meeting of Creditors on Aug. 2
-------------------------------------------------------------
Amarillo Platinum LLC filed Chapter 11 protection in the Middle
District of Tennessee.  According to court filing, the Debtor
reports between $10 million and $50 million in debt owed to 1 and
49 creditors.  The petition states funds will be available to
unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
August 2, 2024 at 10:00 a.m. in Room Telephonically on telephone
conference line: 877-934-2472. participant access code: 8613356#.

                    About Amarillo Platinum

Amarillo Platinum LLC, doing business as SpringHill Suites
Amarillo, is a limited liability company.

Amarillo Platinum LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. M.D. Tenn. Case No. 24-02447) on July 1,
2024. In the petition filed by Mitul Patel, as manager, the Debtor
estimated assets up to $50,000 and liabilities between $10 million
and $50 million.

The Honorable Bankruptcy Judge Charles M. Walker oversees the
case.

The Debtor is represented by:

     Henry E. ("Ned") Hildebrand, IV, Esq.
     DUNHAM HILDEBRAND PAYNE WALDRON, PLLC
     9020 Overlook Blvd., Suite 316
     Brentwood, TN 37027
     Tel: 615-933-5851
     Fax: 615-777-3765
     E-mail: ned@dhnashville.com



AMBRI INC: Asset Sale Moves Forward After Settlement w/ Creditors
-----------------------------------------------------------------
Thomas Gleason of Bloomberg Law reports that bankrupt battery maker
overcomes creditors' objections to sale.

Ambri Inc. will follow through with a bankruptcy sale plan after
reaching a settlement with unsecured creditors who previously
objected to the buyer.

The grid-scale battery maker backed by Gates Frontier, the
investment arm of Microsoft Corp. founder Bill Gates, and Paulson
Partners, founded by billionaire investor John Paulson, will sell
its assets to a lead bidder for $9.5 million, subject to approval
by the US Bankruptcy Court for the District of Delaware, according
to a filing Monday.

Ambri didn't receive any other "qualified bid" before a June 21,
2024 deadline, the company said in the filing.

                 About Ambri Inc.

Ambri Inc. specializes in the development of an advanced energy
storage solution through its patented "Liquid MetalTM battery"
technology. Ambri is a pre-revenue Liquid MetalTM battery
technology company working to become a leading global provider of
long-duration, grid-scale, energy storage that can solve the most
critical issues facing today's electricity grid and enable
wide-spread adoption of intermittent renewable energy as a 24-7
power source. The company is developing batteries that are expected
to be low-cost, highly reliable, extremely safe, degrade only
minimally over their lifespan, and can shift fundamentally how
power grids operate and source their power, thereby contributing to
the goal of a cleaner energy future.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Case No. 24-10952) on May 5, 2024,
with $50 million to $100 million in assets and liabilities. Nora
Murphy, chief financial officer, signed the petition.

Judge Laurie Selber Silverstein presides over the case.

The Debtor tapped POTTER ANDERSON COROON LLP as counsel and GOODWIN
PROCTER LLP as co-bankruptcy counsel.












AMELIOM IT LLC: Sec. 341(a) Meeting of Creditors on July 26
-----------------------------------------------------------
Ameliom IT LLC filed Chapter 11 protection in the  Western District
of Texas. According to court filing, the Debtor reports $1,986,557
in debt owed to 1 and 49 creditors. The petition states funds will
be available to unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 26, 2024 at 11:00 a.m. in Room Telephonically on telephone
conference line: (866)909-2905. participant access code: 5519921#.

                       About Ameliom IT LLC

Ameliom IT LLC provides computer systems design and related
services.

Ameliom IT LLC sought relief under Subchapter V of Chapter 11 of
the U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 24-51148) on
June 20, 2024. In the petition signed by Brian L. Adams, as
president and authorized representative, the Debtor reports total
assets as of May 14, 2024 amounting to  $339,700 and total
liabilities as of May 14, 2024 amounting to $1,986,557.

Honorable Bankruptcy Judge Craig A Gargotta oversees the case.

The Debtor is represented by:

     H. Anthony Hervol, Esq.
     LAW OFFICE OF H. ANTHONY HERVOL
     22211 IH-10 West, Suite 1206-168
     San Antonio, TX 78257
     Tel: (210) 522-9500
     Fax: (210) 522-0205
     Email: hervol@sbcglobal.net



AMERICANAS SA: Police Arrests Ex-CEO for Massive Fraud in Brazil
----------------------------------------------------------------
Daniel Cancel of Bloomberg News reports that Miguel Gutierrez, the
former chief executive officer of Americanas SA, was detained early
Friday in Madrid as part of an investigation into a massive
accounting fraud at the Brazilian retailer.

Brazil's federal police confirmed the detention of the "main
target" of its operation in Spain early Friday, June 28, 2024,
identifying him only as the former CEO of Americanas, adding that
Interpol carried out the arrest.

The detention comes a day after police carried out arrest and
search warrants in Rio de Janeiro as part of its biggest operation
yet into the case.

                      About Americanas SA

Americanas SA was one of the largest diversified retail chains in
Brazil, with a wide platform of physical stores, robust e-commerce,
fintech, and has just entered into the niche food retail. It is
listed on B3, being indirectly controlled by billionaire Jorge
Paulo Lemann, Carlos Alberto Sicupira and Marcel Telles.

The retailer nosedived in January 2023 after becoming mired in an
accounting scandal. The firm filed for bankruptcy at a court in Rio
de Janeiro on Jan. 19, 2023.

Americanas sought protection under Chapter 15 of the Bankruptcy
Code (Bankr. S.D.N.Y. Case No. 23-10092) on Jan. 25, 2023. White &
Case LLP, led by John K. Cunningham, is the U.S. counsel.


APTIM CORP: Moody's Hikes CFR to 'B3', Outlook Stable
-----------------------------------------------------
Moody's Ratings upgraded APTIM Corp.'s corporate family rating to
B3 from Caa1 and upgraded the company's probability of default
rating to B3-PD from Caa1-PD. Concurrently, Moody's affirmed the
Caa1 rating on APTIM's existing $515 million 7.75% senior secured
notes and assigned a B3 rating to the company's proposed $380
million senior secured term loan. The outlook is maintained stable.
APTIM is an engineering, consulting, and construction management
firm providing end-to-end environmental, resilience, and critical
infrastructure solutions.

The rating action follows the proposed refinancing of APTIM's debt
structure including the repayment of the company's 7.75% notes with
proceeds from the senior secured term loan as well as a new $85
million junior secured PIK term loan (unrated) and a $65 million
equity contribution from APTIM's primary shareholder Veritas
Capital ("Veritas"). The consummation of the refinancing will
reduce adjusted debt to EBITDA by 0.5x to approximately 4.6x, on a
pro forma basis, for the twelve months ended December 31, 2023 and
significantly extend APTIM's debt maturity profile from 2025 to
2029.

RATINGS RATIONALE

The upgrade of APTIM's CFR to B3 from Caa1 reflects the improvement
in the company's liquidity profile and the initial reduction in
APTIM's financial leverage, pro forma for the proposed refinancing.
The company's B3 CFR is constrained by high adjusted debt to EBITDA
which Moody's expects to increase to 5.4x by the end of 2024, due
in part to sizable projected adjusted EBITDA contraction during the
year. APTIM's credit profile is also negatively impacted by the
company's history of weak operating performance, including
declining revenues and low profitability metrics, in a highly
competitive operating landscape. Additional credit risk stems from
the concentration of APTIM's revenues among federal government
agencies as well as state and local governments (approximately 67%
of 2023 revenue) that can be negatively impacted by budgetary
delays, with only 33% of APTIM's business attributable to private
sector clients. Additionally, the uncertainties inherent to
contract cost estimates associated with fixed price contracts
(approximately 47% of 2023 revenue), surety bonding and related
letter of credit requirements for new projects, meeting required
performance standards, and the involvement of subcontractors
heighten APTIM's risk profile. APTIM's high reliance on a staff of
scientists, engineers, technicians, and other skilled personnel can
create pressures on the company's profitability during periods of
talent shortages while technical skills gaps could result in poor
service quality and expose APTIM to reputational risk, significant
legal claims, and escalating insurance expenses. Corporate
governance concerns related to the company's concentrated ownership
by Veritas present an element of uncertainty as the potential for
incremental acquisitions and shareholder distributions could
constrain leverage reduction efforts.

These risks are partially mitigated by the company's sizeable
multi-year contract backlog, currently approximating $1.7 billion,
which suggests stable demand characteristics and provides
reasonably good revenue visibility. Furthermore, APTIM's national
scale and breadth of technical capabilities bolster the company's
market position as a provider of environmental, resilience, and
critical infrastructure solutions, primarily in the United States
market. These factors, coupled with the benefits of the proposed
refinancing should facilitate improving liquidity.

Moody's has assessed that APTIM's liquidity profile will be good
over the next 12 to 15 months. Liquidity is principally supported
by the company's unrestricted cash balance of approximately $127
million as of December 31, 2023 as well as Moody's expectation for
free cash flow to approach 5% of total debt in 2024. Liquidity is
also bolstered by APTIM's proposed $100 million ABL revolver
(unrated) expiring in late 2028. The company's term loans are not
subject to financial maintenance covenants. The revolving credit
facility is subject to a springing minimum fixed charge coverage
ratio of 1x when ABL excess availability is less than the greater
of $10 million or 10% of the maximum amount of the ABL. Moody's
expects the company to remain in compliance with this covenant over
the next 12-15 months.

APTIM's B3 senior secured first lien term loan rating is consistent
with the company's CFR and reflects APTIM's B3-PD PDR and a loss
given default (LGD) assessment of LGD3. The first lien term loan
rating also reflects its effective subordination to the unrated
ABL, which is secured by a first-priority lien primarily on the
receivables of the borrower and its domestic subsidiaries, and a
second-priority lien on substantially all other assets. The first
lien term loan rating is supported by the benefit of loss
absorption provided by the proposed $85 million junior secured PIK
term loan as well as a meaningful amount of estimated general
unsecured claims (including trade payables and operating lease
rejection claims in an event of default scenario).

Marketing terms for the proposed first lien senior secured term
loan (final terms may differ materially) include the following:
Incremental pari passu debt capacity up to the greater of $40m and
50% of Consolidated EBITDA, plus unlimited amounts subject to 3.10x
the First Lien Leverage Ratio . There is no inside maturity
sublimit. The credit agreement prohibits the designation of
unrestricted subsidiaries, preventing collateral "leakage" to such
subsidiaries. A "blocker" provision restricts investments of
material intellectual property by any loan party into any non-loan
party. The credit agreement is expected to provide some limitations
on up-tiering transactions, requiring affected lender consent for
amendments that subordinate the debt and liens.

The stable outlook reflects Moody's  expectations that APTIM's
revenue will increase modestly, on an organic basis, in 2024, but
EBITDA (Moody's adjusted) will decline meaningfully due to the
negative impact of lower projected community resilience project
volumes on profitability. Moody's  anticipates debt-to-EBITDA will
approximate to 5.4x by the end of 2024.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

The ratings could be upgraded if APTIM can realize revenue and
EBITDA growth while reducing debt, such that Moody's  adjusted debt
to EBITDA is maintained below 5x and annual free cash flow is
sustained at a mid-single digit percentage of total debt.

The ratings could be downgraded if APTIM's operating performance
deteriorates, the company loses market share, or adopts more
aggressive financial policies, resulting in a material increase in
debt-to-EBITDA (Moody's adjusted) or a material deterioration of
the company's liquidity profile.

The principal methodology used in these ratings was Construction
published in September 2021.

Headquartered in Baton Rouge, Louisiana and majority-owned by
affiliates of Veritas, APTIM provides end-to-end environmental,
resilience, and critical infrastructure solutions to clients in the
commercial (energy, industrial, and retail) and government sectors.
Moody's expects APTIM to generate revenue of approximately $1.2
billion in 2024.


ARTIFICIAL INTELLIGENCE: Continues Penetration Into Car Dealerships
-------------------------------------------------------------------
Robotic Assistance Devices, Inc. (RAD), a subsidiary of Artificial
Intelligence Technology Solutions, Inc., has received an initial
order of a RIO 360 solar-powered security tower to be deployed at a
Miami, Florida-based car dealership.

The initial RIO 360 unit at this car dealership will assist manned
security guards in deterring after-hours loitering and trespassing.
This dealership, like many others, is combating theft, vehicle
damage, and general vandalism during nighttime hours.  The RIO unit
will serve dual purposes: providing customer service-related
messaging on its front panel during normal business hours and
pivoting to a security posture when the dealership is closed.

The RIO will be monitored by the auto dealer's contracted security
team that can be dispatched to the scene upon detection and alert
by the RIO unit.  Additionally, the team can call local police
during an alerted incident, ensuring a prompt response to any
security breaches.

The U.S. car dealership industry is a substantial market with
approximately 18,000 dealerships nationwide.  These dealerships
face unique challenges, such as managing large lots and protecting
high-value inventory from theft and vandalism.  Compounding these
issues, recent supply chain disruptions, like the semiconductor
shortage, have resulted in nearly 2 million unsold vehicles sitting
on lots across the country.  This extensive inventory highlights
the critical need for efficient storage and security solutions,
presenting a significant market opportunity for RAD's advanced
security and operational technologies.

"We are delighted with the successful deployment of our RIO and
ROSA devices at car dealerships and storage yards nationwide," said
Mark Folmer, CPP, PSP, FSyI, president of RAD.  "These deployments
not only demonstrate the effectiveness of our solutions in
enhancing security and operational efficiency but also contribute
significantly to our RMR.  This order, along with other deployments
in process, keeps us on track towards cash flow positivity."

            About Artificial Intelligence Technology

Headquartered in Ferndale, Mich., Artificial Intelligence
Technology Solutions Inc. is an innovator in the delivery of
artificial intelligence-based solutions that empower organizations
to gain new insight, solve complex challenges and fuel new business
ideas. Through its next-generation robotic product offerings,
AITX's RAD, RAD-R, RAD-M and RAD-G companies help organizations
streamline operations, increase ROI, and strengthen business. AITX
technology improves the simplicity and economics of patrolling and
guard services and allows experienced personnel to focus on more
strategic tasks. Customers augment the capabilities of existing
staff and gain higher levels of situational awareness, all at
drastically reduced cost. AITX solutions are well suited for use in
multiple industries such as enterprises, government,
transportation, critical infrastructure, education, and
healthcare.

Deer Park, Illinois-based L J Soldinger Associates, LLC, the
Company's auditor since 2019, issued a "going concern"
qualification in its report dated May 9, 2024, citing that the
Company had a net loss of approximately $20.7 million, an
accumulated deficit of approximately $133.0 million and
stockholders' deficit of approximately $40.2 million as of and for
the year ended ended Feb. 29, 2024, which raises substantial doubt
about its ability to continue as a going concern.


ASHFORD HOSPITALITY: Raises $139MM From Preferred Equity Offering
-----------------------------------------------------------------
Ashford Hospitality Trust, Inc. reported on July 8, 2024, that the
Company expects to report Occupancy of approximately 75% for the
second quarter of 2024 with Average Daily Rate of approximately
$200 resulting in RevPAR of approximately $150. This Comparable
RevPAR reflects an approximate increase of 1.4% compared to the
second quarter of 2023.

Additionally, for the month of April 2024, Comparable RevPAR
increased approximately 3.0% versus April 2023. For the month of
May 2024, Comparable RevPAR increased approximately 1.4% versus May
2023. For the month of June 2024, Comparable RevPAR decreased
approximately 0.1% versus June 2023.

Further, as previously announced, the Company commenced the
offering of its Non-Traded Preferred Equity during the third
quarter of 2022. Through June 30, 2024, the Company has 5,206,397
shares of its Series J non-traded preferred stock outstanding and
357,933 shares of its Series K non-traded preferred stock
outstanding raising approximately $139 million of gross proceeds.

                     About Ashford Hospitality

Headquartered in Dallas, Texas, Ashford Hospitality Trust, Inc.
operates as a self-advised real estate investment trust focusing on
the lodging industry.  As of March 31, 2024, the Trust had $3.54
billion in total assets against $3.67 billion in total
liabilities.

Ashford Hospitality Trust reported a net loss of $180.73 million
for the year ended Dec. 31, 2023, compared to a net loss of $141.06
million for the year ended Dec. 31, 2022. As of Dec. 31, 2023, the
Company had $3.46 billion in total assets, $3.69 billion in total
liabilities, $22.01 million in redeemable noncontrolling interests
in operating partnership, $79.98 million in Series J Redeemable
Preferred Stock, $0.01 par value (3,475,318 shares issued and
outstanding at December 31, 2023), $4.78 million in Series K
Redeemable Preferred Stock, $0.01 par value (194,193 shares issued
and outstanding at December 31, 2023), and $331.04 million in total
deficit.

                           *     *     *

Egan-Jones Ratings Company, on May 5, 2023, maintained its 'CCC+'
foreign currency and local currency senior unsecured ratings on
debt issued by Ashford Hospitality Trust, Inc.

On March 1, 2024, the Company received notice that the hotel
properties securing the KEYS Pool A and KEYS Pool B loans have been
transferred to a court-appointed receiver.

On March 6, 2024, the Company sold the Residence Inn Salt Lake City
in Salt Lake City, Utah for $19.2 million in cash. As reported by
the TCR on April 22, the Company closed on the sale of the 390-room
Hilton Boston Back Bay in Boston, Massachusetts for $171 million,
on April 29 it has closed on the sale of the 85-room Hampton Inn in
Lawrenceville, Georgia for $8.1 million, on May 27, Ashford closed
$267M refinancing of the mortgage loan for the 673-room Renaissance
Hotel in Nashville, Tennessee, which had a final maturity date of
March 2026. On June 14, the Company has closed on the sale of the
90-room Courtyard located in Manchester, Connecticut for $8
million.


ASHFORD HOSPITALITY: Swaps 2.3MM Common Shares for Preferred Shares
-------------------------------------------------------------------
Ashford Hospitality Trust, Inc. disclosed in a Form 8-K Report
filed with the U.S. Securities and Exchange Commission that from
June 7, 2024 through July 2, 2024, the Company entered into
privately negotiated exchange agreements with certain holders of
its 8.45% Series D Cumulative Preferred Stock, par value $0.01 per
share, 7.375% Series F Cumulative Preferred Stock, par value $0.01
per share, 7.375% Series G Cumulative Preferred Stock, par value
$0.01 per share, 7.50% Series H Cumulative Preferred Stock, par
value $0.01 per share and 7.50% Series I Cumulative Preferred
Stock, par value $0.01 per share, in reliance on Section 3(a)(9) of
the Securities Act of 1933, as amended. During this period, the
Company agreed to exchange a total of approximately 2,285,009
shares of its common stock, par value $0.01 per share, for an
aggregate of approximately 136,835 shares of Preferred Stock.

From March 1, 2024 through March 12, 2024, the Company agreed to
exchange a total of approximately 1,338,000 shares of Common Stock,
for an aggregate of approximately 159,000 shares of Preferred
Stock.

The Company did not receive any cash proceeds as a result of the
exchange of the Preferred Stock for the Common Stock, and the
shares of Preferred Stock exchanged have been retired and
cancelled. The issuance of the shares of the Common Stock was made
by the Company pursuant to the exemption from the registration
requirements of the Securities Act of 1933, as amended, contained
in Section 3(a)(9) of such act on the basis that these offers
constituted an exchange with existing holders of the Company's
securities, and no commission or other remuneration was paid to any
party for soliciting such exchange.

                     About Ashford Hospitality

Headquartered in Dallas, Texas, Ashford Hospitality Trust, Inc.
operates as a self-advised real estate investment trust focusing on
the lodging industry.  As of March 31, 2024, the Trust had $3.54
billion in total assets against $3.67 billion in total
liabilities.

Ashford Hospitality Trust reported a net loss of $180.73 million
for the year ended Dec. 31, 2023, compared to a net loss of $141.06
million for the year ended Dec. 31, 2022. As of Dec. 31, 2023, the
Company had $3.46 billion in total assets, $3.69 billion in total
liabilities, $22.01 million in redeemable noncontrolling interests
in operating partnership, $79.98 million in Series J Redeemable
Preferred Stock, $0.01 par value (3,475,318 shares issued and
outstanding at December 31, 2023), $4.78 million in Series K
Redeemable Preferred Stock, $0.01 par value (194,193 shares issued
and outstanding at December 31, 2023), and $331.04 million in total
deficit.

                           *     *     *

Egan-Jones Ratings Company, on May 5, 2023, maintained its 'CCC+'
foreign currency and local currency senior unsecured ratings on
debt issued by Ashford Hospitality Trust, Inc.

On March 1, 2024, the Company received notice that the hotel
properties securing the KEYS Pool A and KEYS Pool B loans have been
transferred to a court-appointed receiver.

On March 6, 2024, the Company sold the Residence Inn Salt Lake City
in Salt Lake City, Utah for $19.2 million in cash. As reported by
the TCR on April 22, the Company closed on the sale of the 390-room
Hilton Boston Back Bay in Boston, Massachusetts for $171 million,
on April 29 it has closed on the sale of the 85-room Hampton Inn in
Lawrenceville, Georgia for $8.1 million, on May 27, Ashford closed
$267M refinancing of the mortgage loan for the 673-room Renaissance
Hotel in Nashville, Tennessee, which had a final maturity date of
March 2026. On June 14, the Company has closed on the sale of the
90-room Courtyard located in Manchester, Connecticut for $8
million.


ATARA BIOTHERAPEUTICS: BlackRock No Longer Holds Shares
-------------------------------------------------------
BlackRock, Inc. disclosed in a Schedule 13G/A Report filed with the
U.S. Securities and Exchange Commission that as of June 30, 2024,
it has ceased to be the beneficial owner of Atara Biotherapeutics,
Inc.'s Common Stock.

A full-text copy of BlackRock's SEC Report is available at:

                  https://tinyurl.com/49u972c7

                    About Atara Biotherapeutics

Headquartered in Thousand Oaks, Calif., Atara Biotherapeutics, Inc.
-- atarabio.com -- is harnessing the natural power of the immune
system to develop off-the-shelf cell therapies for
difficult-to-treat cancers and autoimmune conditions that can be
rapidly delivered to patients from inventory.  With cutting-edge
science and differentiated approach, Atara is the first company in
the world to receive regulatory approval of an allogeneic T-cell
immunotherapy.  The Company's advanced and versatile T-cell
platform does not require T-cell receptor or HLA gene editing and
forms the basis of a diverse portfolio of investigational therapies
that target EBV, the root cause of certain diseases, in addition to
next-generation AlloCAR-Ts designed for best-in-class opportunities
across a broad range of hematological malignancies and B-cell
driven autoimmune diseases.

As of March 31, 2024, the Company had $165.27 million in total
assets, $263.58 million in total liabilities, and a total
stockholders' deficit of $98.31 million.

San Francisco, Calif.-based Deloitte & Touche LLP, the Company's
auditor since 2013, issued a "going concern" qualification in its
report dated March 28, 2024, citing that the Company's recurring
losses from operations raises substantial doubt about its ability
to continue as a going concern.


AUDACY INC: Cut 3% of Workforce Since Chapter 11 Filing
-------------------------------------------------------
Jeff Blumenthal of Philadelphia Business Journal reports that
Audacy has scaled back its workforce since filing for Chapter 11
bankruptcy protection in January, according to a federal filing.

Audacy has cut more than 3% of its workforce since filing for
Chapter 11 bankruptcy protection in January 2024, according to a
federal filing in the case.

In a monthly operating report for the period ending May 31, the
Philadelphia-based audio content provider told a U.S. Bankruptcy
judge in Texas that it had 4,724 employees, down from 4,887 when it
filed on Jan. 7. In late April, Audacy said it laid off 2% of its
workforce in its local markets and corporate operations.  The
company cut about a dozen positions at its Pineapple Street Studios
podcast division earlier in the year.

The downsizing is part of Audacy's strategy to cut costs for when
it emerges from Chapter 11 protection.

Audacy filed for bankruptcy protection after being overwhelmed in
recent years by almost $2 billion in debt and declining advertising
revenue.  The company reached a restructuring deal with a
"supermajority" of its debtholders that will reduce most of its
debt, according to Audacy.  The creditors, led by an investment
firm headed by liberal billionaire George Soros, in turn, will take
control of the company.  Judge Christopher Lopez approved the plan
on February 20, 2024 and Audacy now awaits approval from the
Federal Communications Commission before it can emerge from
bankruptcy under the new ownership.  The company expects to earn
FCC approval sometime in the third quarter, which ends Sept. 30,
2023.

According to the May 2024 operating report, Audacy lists $1.6
billion in total assets and nearly $2.5 billion in total debt,
including $1.9 billion in secured debt.  In May, Audacy said it had
gross sales of around $105 million, gross profit of $89 million and
over $80 million in expenses.  When factoring in depreciation,
interest, taxes and reorganization items, the company posted a
$2.48 million loss for the month, with the cumulative loss since
filing for bankruptcy at $15.3 million.

Under the prepackaged reorganization plan filed in January, Audacy
will hand control of the company over to the aforementioned group
of lenders. In exchange, the lenders have agreed to reduce all but
$350 million of Audacy's $1.9 billion in debt. Existing
shareholders are expected to be left with nothing to show for their
investments, while larger creditors would be repaid with stock in
the restructured company.

Audacy owns and operates over 200 radio stations across the country
as well as a large podcasting operation.  The company is
headquartered at 2400 Market, which is also home to its six local
stations — adult contemporary station B101 (WBEB-FM), classic
hits station Big 98.1 (WOGL-FM), hot adult contemporary station The
New 96.5 TDY, SportsRadio 94 WIP-FM, conservative talker 1210
WPHT-AM, and KYW Newsradio (now simulcast on 1060-AM and
103.9-FM).

                         About Audacy Inc.

Philadelphia, Pa.-based Audacy Inc., formerly Entercom
Communications Corp., is a multi-platform audio content and
entertainment company with a collection of local music, news and
sports brands, a premium podcast creator, major event producer, and
digital innovator. As of Sept. 30, 2023, the Company had $2.79
billion in total assets and $2.66 billion in total liabilities.

Audacy did not make the interest payments on its senior secured
first-lien revolving credit facility and term loan both due 2024
($17 million due Oct. 31, 2023), senior secured second-lien notes
due 2027 ($15 million due Nov. 1, 2023), or senior secured
second-lien notes due 2029 ($18 million due Sept. 30, 2023).

Audacy Inc. and its affiliates sought protection under Chapter 11
of the Bankruptcy Code (Bankr. S.D. Tex. Lead Case No. 24-90004) on
Jan. 7, 2024, with $2,788,943,000 in assets and $2,662,320,000 in
liabilities.  Richard J. Schmaeling, executive vice president &
chief financial officer, signed the petitions.

Judge Christopher M. Lopez oversees the case.

LATHAM & WATKINS LLP and PORTER HEDGES LLP are the Debtors' legal
counsel.


AULT ALLIANCE: Reports 96.50% Stake in RiskOn Intl. as of June 13
-----------------------------------------------------------------
Ault Alliance, Inc. disclosed in a Schedule 13D/A Report filed with
the U.S. Securities and Exchange Commission that as of June 13,
2024, the Company and its affiliated entities -- Ault Lending, LLC,
Ault & Company, Inc., Milton C. Ault, III, Founder and Executive
Chairman of AAI and the Executive Chairman of RiskOn International,
Inc. (the "Issuer"), Henry C.W. Nisser, President and General
Counsel of AAI and the President and a director of the Issuer,
Joseph Spaziano, Chief Information Officer and Director of Global
Mining Operations of AAI and the Chief Executive Officer of the
Issuer, Douglas Gintz, Chief Technology Officer of AAI and the
Chief Technology Officer of the Issuer; and Robert O. Smith, a
director of AAI and a director of the Issuer -- beneficially owned
shares of RiskOn International Inc.'s common stock.

The aggregate percentage of Shares reported owned by each Reporting
Person is based upon 32,666,241 Shares outstanding, which is the
total number of Shares outstanding as of July 5, 2024, as reported
by the Issuer to the Reporting Persons.

                          Aggregate Amount     
   Reporting Persons      Beneficially Owned    Percent of Class  


   Ault Alliance, Inc.    877,472,192 shares    96.50%
   Ault Lending, LLC      1,669,623 shares       4.99%
   Ault & Company, Inc.   42,000 shares         Less than 1%
   Milton C. Ault, III    877,521,192 shares    96.51%
   Henry C.W. Nisser      1,715,656 shares      4.99%
   Joseph Spaziano        1,715,656 shares      4.99%
   Douglas Gintz          1,715,656 shares      4.99%
   Robert O. Smith        432,194 shares        1.31%

A full-text copy of Ault Alliance's SEC Report is available at:

                  https://tinyurl.com/wxb5kneb

                       About Ault Alliance

Ault Alliance, Inc. -- http://www.Ault.com-- is a diversified
holding company pursuing growth by acquiring undervalued businesses
and disruptive technologies with a global impact. Through its
wholly and majority-owned subsidiaries and strategic investments,
Headquartered in Las Vegas, NV, Ault Alliance -- www.ault.com --
owns and operates a data center at which it mines Bitcoin and
offers colocation and hosting services for the emerging artificial
intelligence ecosystems and other industries, and provides
mission-critical products that support a diverse range of
industries, including metaverse platform, oil exploration, crane
services, defense/aerospace, industrial, automotive,
medical/biopharma, consumer electronics, hotel operations and
textiles.  In addition, Ault Alliance extends credit to select
entrepreneurial businesses through a licensed lending subsidiary.

Ault Alliance reported a net loss of $256.29 million for the year
ended Dec. 31, 2023, compared to a net loss of $189.83 million for
the year ended Dec. 31, 2022. As of March 31, 2024, the Company had
$299.78 million in total assets, $233.97 million in total
liabilities, $784,000 in redeemable non-controlling interests in
equity of subsidiaries, and $65.02 million in total stockholders'
equity.

New York, New York-based Marcum LLP, the Company's auditor since
2016, issued a "going concern" qualification in its report dated
April 16, 2024, citing that the Company has a working capital
deficiency, has incurred net 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.


AURORA GRACE: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor: Aurora Grace, LLC
          d/b/a Aurora Grace Chocolates
        517 South 5th Street
        Philadelphia, PA 19147

Business Description: Aurora Grace is a chocolate shop based in
                      Philadelphia, PA, offering pastries, pantry,
                      French macarons, Barks, and Bonbons.  The
                      Debtor also provides personalized gifting
                      for corporate, weddings & events.

Chapter 11 Petition Date: July 10, 2024

Court: United States Bankruptcy Court
       Eastern District of Pennsylvania

Case No.: 24-12369

Judge: Hon. Ashely M Chan

Debtor's Counsel: James M. Matour, Esq.
                  DILWORTH PAXSON LLP
                  1500 Market Street
                  Philadelphia, PA 19102
                  Tel: 215-575-7000
                  Fax: 215-575-7200
                  E-mail: jmatour@dilworthlaw.com

Total Assets: $37,469

Total Liabilities: $1,032,047

The petition was signed by Aurora Grace Wold-Shire as owner.

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

https://www.pacermonitor.com/view/IZY5GDA/Aurora_Grace_LLC__paebke-24-12369__0001.0.pdf?mcid=tGE4TAMA


BARRETTS MINERALS: Creditors Want Ch. 11 Bankruptcy Case Dismissed
------------------------------------------------------------------
Evan Ochsner of Bloomberg Law reports that Barretts Minerals'
creditors move to dismiss its bankruptcy.

Barretts Minerals Inc.'s junior creditors moved to dismiss the
bankrupt talc supplier's Chapter 11 case because they said the
company won't be able to accomplish anything more in bankruptcy.

Barretts filed Chapter 11 in October 2023 to resolve asbestos
liability related to talc production, but after getting court
approval to sell its talc mine, the company is hiding out in
Chapter 11 to obtain litigation protection for its corporate
affiliates, creditors said.

"Seeking to benefit solvent—indeed, wealthy—non-debtors is not
a legitimate bankruptcy purpose," creditors said in a Tuesday
motion in the US Bankruptcy Court for the Southern District of
Texas.

           About Barretts Minerals Inc.

Barretts Minerals Inc.'s current operations are focused on the
mining, beneficiating, processing, and sale of industrial talc. It
historically supplied a relatively minor percentage of its sales
into cosmetic applications. Barretts Minerals' talc is sold to
distributors and third-party manufacturers for use in such parties'
products, which are then incorporated into downstream products
eventually sold to consumers.

Barretts Minerals and its affiliates sought protection under
Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Texas Lead Case
No. 23-90794) on Oct. 2, 2023. In the petition signed by its chief
restructuring officer, David J. Gordon, Barretts Minerals disclosed
$50 million to $100 million in assets and $10 million to $50
million in liabilities.

The case was initially assigned to Judge David R. Jones before
Judge Marvin Isgur took over.

The Debtors tapped Porter Hedges, LLP and Latham& Watkins, LLP as
legal counsel; M3 Partners, LP as financial advisor; Jefferies, LLC
as investment banker; and DJG Services, LLC as restructuring
advisor. David J. Gordon of DJG Services serves as the Debtors'
chief restructuring officer. Stretto, Inc. is the claims, noticing
and solicitation agent and administrative advisor.

The U.S. Trustee for Region 7 appointed an official committee to
represent unsecured creditors in the Debtors' Chapter 11 cases.
Caplin & Drysdale, Chartered and Province, LLC serve as the
committee's legal counsel and financial advisor, respectively.




BASIC FUN INC: Hits Chapter 11 Bankruptcy Protection
----------------------------------------------------
Jeremy Hill and Jonathan Randles of Bloomberg News report that
Basic Fun Inc., a seller of children's products including Lincoln
Logs and Tinker Toys, filed for Chapter 11 bankruptcy.

The company's Chapter 11 petition submitted in Wilmington, Delaware
listed assets and liabilities of at least $50 million each. The
bankruptcy filing allows Basic Fun to keep operating while it works
on a plan to repay creditors.

Basic Fun describes itself as a designer and marketer of classic
children's products. Its suite of brands also includes Care Bears,
Tonka, Lite Brite and Littlest Pet Shop, according to its website.


                     About Basic Fun Inc.

Basic Fun, Inc. -- https://www.basicfun.com/ -- develops and
markets novelty and impulse toys. The Company offers collectibles,
small dolls, retro and science toys, pre-school, youth electronics,
and construction.

Basic Fun sought relief under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. D. Del. Case No. 24-11432) on June 28, 2024.  In the
petition filed Frank McMahon, as chief financial officer, the
Debtor estimated assets and liabilities between $50,000 and
$100,000 each.

The Debtor is represented by:

     Shanti M. Katona, Esq.
     Polsinelli PC
     301 Yamato Road
     Suite 4200
     Boca Raton, FL 33431


BAUDAX BIO INC: Seeks Reorganization Plan Filing Extension
----------------------------------------------------------
John George of Philadelphia Business Journal reports that a Chester
County biopharmaceutical company that filed for Chapter 11
protection in February 2024 asking the U.S. Bankruptcy Court for
more time to submit its reorganization plan.

In its motion filed earlier this month in Philadelphia, Baudax Bio
of Malvern noted its primary asset is a portfolio of patents
related to its development of two classes of drugs: T cell receptor
therapies along with a neuromuscular blocking agents used in
anesthesia and an associated reversal agent.

The company said in its court filing that since the outset of the
bankruptcy process it has been "actively exploring various forms of
monetization" of its patent portfolio to maximize the value
available to the company's numerous creditors and shareholders.
Baudax (OTCMKTS: BXRXQ) said it needs more time to accomplish that
goal.

The company said it would also use the additional time to analyze
proofs of claims against the company, organize its creditors into
appropriate classes, and formulate a plan of reorganization.

Baudax's reorganization plan was originally due June 21. The
company is seeking a 60-day extension to Aug. 20. Additionally,
Baudax wants to extend the period during which it has the exclusive
right to solicit acceptance of a proposed reorganization plan from
Aug. 20 to Oct. 19, 2024.

The court has set a July 31 hearing on the company's motion. Any
objections to motion are required to be filed no later than July 3,
2024.

According to the filing, Baudax has about 200 creditors, including
secured, priority and unsecured creditors, and as of last week 65
proofs of claim have been filed. The company listed debts of about
$21.8 million and assets valued at about $20 million in its initial
bankruptcy court filing.

The company's two largest unsecured creditors, according to the
filing, are law firms. Goodwin Procter of Boston is owed $1.8
million and Troutman Pepper Hamilton Sanders in Philadelphia is
owed $1.3 million. The next largest unsecured creditor among the 20
listed in the filing is ERG Holding Co., a clinical services
provider based in St. Louis, which is owed $917,000.

Bankruptcy Court Chief Judge Ashely M. Chan is presiding over the
case. Baudax has retained the Malvern law firm Smith Kane Holman
for the bankruptcy proceedings.

Baudax was spun out of Recro Pharma, a Malvern-based contract
development and manufacturing organization that now operates as
Societal CDMO, in late 2019. Baudax was established as a drug
development company and in early 2020 it received Food and Drug
Administration approval for a non-opioid paid medicine called
Anjeso, which Recro had been developing.

Early last year, Baudax shelved Anjeso, which was approved for the
management of moderate to severe pain for patients in medical
centers or other acute-care settings. When announcing the decision
in February 2023, Baudax Bio CEO Geri Henwood said the company was
halting sales and marketing efforts for the drug due to "persistent
economic challenges facing hospitals."

The company shifted its focus to T cell receptor therapies using
human regulatory T cells following its acquisition of
Maryland-based TeraImmune. Terms of that deal, finalized in June
2023, were kept confidential. Baudax also has a portfolio of
clinical stage neuromuscular blocking agents and an associated
reversal agent, work for which began at Recro.

In November, Baudax was delisted from the Nasdaq National Market
for falling out of compliance with the minimum $2.5 million
stockholders' equity requirement for continued listing. The
company's common stock shifted to the OTC Pink Open Market under
the symbol "BXRX."

                         About Baudax Bio

Baudax Bio, Inc. is a biotechnology company focused on developing T
cell receptor therapies utilizing human regulatory T cells, as well
as a portfolio of clinical stage neuromuscular blocking agents and
an associated reversal agent.

Baudax Bio, Inc., filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. E.D. Pa. Case No.
24-10583) on Feb. 22, 2024, listing up to $50,000 in assets and $10
million to $50 million in liabilities.  The petition was signed by
Gerri Henwood as chief executive officer.

Judge Magdeline D Coleman presides over the case.

David B. Smith, Esq. at SMITH KANE HOLMAN, LLC, is the Debtor's
counsel.








BB 23 HOLLOW: Hires Goldberg Weprin Finkel Goldstein as Counsel
---------------------------------------------------------------
BB 23 Hollow Ridge, LLC seeks approval from the U.S. Bankruptcy
Court for the Southern District of New York to employ Goldberg
Weprin Finkel Goldstein, LLP as its legal counsel.

The firm's services include:

     (a) provide the Debtor with all necessary representation in
connection with this Chapter 11 case, as well as its
responsibilities;

     (b) represent the Debtor in all proceedings before the U.S.
Bankruptcy Court and the Office of the U.S. Trustee;

     (c) review, prepare and file all necessary legal papers
required in the Chapter 11 case; and

     (d) provide all other legal services required with respect to
restructuring the mortgage or refinancing of the property to
achieve confirmation of a plan of reorganization.

The hourly rates of the firm's counsel and staff are as follows:

     Partner          $685
     Associate        $275-$500

J. Ted Donovan, Esq., an associate at Goldberg Weprin Finkel
Goldstein, disclosed in a court filing that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The firm can be reached through:

     J. Ted Donovan, Esq.
     Goldberg Weprin Finkel Goldstein, LLP
     125 Park Avenue, 12th Floor
     New York, NY 10017
     Telephone: (212) 221-5700
  
                     About BB 23 Hollow Ridge

BB 23 Hollow Ridge LLC owns a certain residential development
property located at 23 Hollow Ridge Road, Mt. Kisco, New York
consisting of approximately 21 acres, improved by one residential
home with the possibility of building additional homes.

BB 23 Hollow Ridge filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y. Case No.
24-22310) on Apr. 9, 2024, listing up to $10 million in both assets
and liabilities. The petition was signed by Brad Zackson, manager.

Goldberg Weprin Finkel Goldstein, LLP represents the Debtor as
counsel.


BEITLER TEXAS: Sec. 341(a) Meeting of Creditors on Aug. 6
---------------------------------------------------------
Beitler Texas Enterprises LLC filed Chapter 11 protection in the
Central District of Texas.  According to court filing, the Debtor
reports between $1 million and $10 million in debt owed to 1 and 49
creditors. The petition states funds will be available to unsecured
creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
August 6, 2024 at 10:00 a.m. in Room Telephonically on telephone
conference line: 1-866-816-0394. participant access code: 5282999.

                 About Beitler Texas Enterprises

Beitler Texas Enterprises LLC is engaged in activities related to
real estate.

Beitler Texas Enterprises LLC sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. C.D. Tex. Case No. 24-15228) on July
1, 2024. In the petition filed by Logan A. Beitler, as manager, the
Debtor reports estimated assets and liabilities between $1 million
and $10 million each.

The Debtor is represented by:

     Gary E. Klausner, Esq.
     LEVENE, NEALE, BENDER, YOO & GOLUBCHIK L.L.P.
     2818 La Cienega Ave.
     Los Angeles, CA 90034
     Tel: (310) 229-1234
     E-mail: GEK@LNBYG.COM


BELLWETHER INC: Seeks to Hire Brannen Firm as Legal Counsel
-----------------------------------------------------------
Bellwether, Inc. seeks approval from the U.S. Bankruptcy Court for
the Northern District of Georgia to employ The Brannen Firm, LLC as
legal counsel.

The firm will render these services:

     (a) advise the Debtor with repsect to its rights, powers,
duties, and obligations in the administration of this case, the
operation of its business, and the management of its property;

     (b) prepare pleadings, applications, and conduct examinations
incidental to administration;

     (c) advise and represent the Debtor in connection with all
applications, motions, or complains for reclamation, adequate
protection, sequestration, relief from stays, appointment of a
trustee or examiner, and all other similar matters;

     (d) develop the relationship of the status of the Debtor to
the claims of creditors in these proceedings;

     (e) advise and assist the Debtor in the formulation and
presentation of a Plan pursuant to Chapter 11 of the Bankruptcy
Code and concerning any and all matters relating thereto; and

     (f) perform any and all other legal services incident and
necessary herein.

The firm's hourly rates are as follows:

     Joseph Chad Brannen, Attorney           $350
     Paralegal/Support Staff                 $150

Mr. Brannen disclosed in a court filing that the firm is a
"disinterested person" as that term is defined in Section 101(14)
of the Bankruptcy Code.

The firm can be reached through:

     Joseph Chad Brannen, Esq.
     The Brannen Firm, LLC
     7147 Jonesboro Road, Ste. G
     Morrow, GA 30260
     Telephone: (770) 474-0847
     Email: chad@brannenlawfirm.com

                        About Bellwether Inc.

Bellwether, Inc. filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ga. Case No.
24-56852) on July 1, 2024, listing up to $1 million in both assets
and liabilities.

Joseph Chad Brannen, Esq., at The Brannen Firm, LLC represents the
Debtor as counsel.


BETTER CHOICE: Initiates Offering of 1.64M Common Shares, Warrants
------------------------------------------------------------------
Better Choice Company Inc. disclosed in a registration statement on
Form S-1 filed with the U.S. Securities and Exchange Commission a
public offering of 1,640,000 shares of the Company's common stock,
par value $0.001 per share, an assumed public offering price of
$3.71 per share, which is based on the last reported sales price of
its common stock on the NYSE American on July 1, 2024. All of the
shares included in this offering are being sold by the Company.

Better Choice is also offering to certain purchasers, if any, whose
purchase of shares of common stock in this offering would otherwise
result in the purchaser, together with its affiliates and certain
related parties, beneficially owning more than 4.99% (or, at the
election of such purchaser, 9.99%) of its outstanding common stock
immediately following the consummation of this offering, the
opportunity to purchase, if the purchaser so chooses, pre-funded
warrants, in lieu of shares of common stock that would otherwise
result in the purchaser's beneficial ownership exceeding 4.99% (or,
at the election of such purchaser, 9.99%) of its outstanding shares
of common stock. Each Pre-Funded Warrant will be immediately
exercisable for one share of common stock and may be exercised at
any time until all of the Pre-Funded Warrants are exercised in
full. The purchase price of each Pre-Funded Warrants will equal the
price per share at which the shares of common stock are being sold
to the public in this offering, minus $0.01, and the exercise price
of each Pre-Funded Warrant will be $0.01, per share. For each
Pre-Funded Warrant the Company sells, the number of shares of
common stock it is offering will be decreased on a one-for-one
basis. This offering also relates to the shares of common stock
issuable upon exercise of any Pre-Funded Warrants sold in this
offering.

The Company's common stock is currently quoted on the NYSE
American, where it is listed under the symbol "BTTR." As of July 1,
2024, the last sale price of our common stock as reported on NYSE
American was $3.71 per share. The actual public offering price per
share will be determined between us and the representative of the
underwriters and the recent market prices used throughout this
prospectus may not be indicative of the final offering price. In
addition, there is no established public trading market for the
Pre-Funded Warrants and the Company does not expect a market to
develop. Without an active trading market, the liquidity of the
Pre-Funded Warrants will be limited.

A full-text copy of the Report is available at:

                https://tinyurl.com/yjvhftsx  

                         About Better Choice

Headquartered in Tampa, Florida, Better Choice Company Inc. --
http://www.betterchoicecompany.com/-- is a pet health and wellness
company committed to leading the industry shift toward pet products
and services that help dogs and cats live healthier, happier and
longer lives.  The Company sells its premium and super-premium
products under the Halo brand umbrella, including Halo Holistic,
Halo Elevate and the former TruDog brand, which has been rebranded
and successfully integrated under the Halo brand umbrella during
the third quarter of 2022.

As of March 31, 2024, Better Choice Company had $15.44 million in
total assets, $14.32 million in total liabilities, and $1.13
million in total stockholders' equity.

Tampa, Florida-based BDO USA, P.C., the Company's auditor since
2021, issued a "going concern" qualification in its report dated
April 12, 2024, citing that the Company has continually incurred
operating losses, had an accumulated deficit and failed to meet
certain financial covenants as of Dec. 31, 2023.  These matters
create substantial doubt about the Company's ability to continue as
a going concern for a period of twelve months from the date these
consolidated financial statements are issued.


BIG LOTS: BlackRock Holds 1.8% Stake as of June 30
--------------------------------------------------
BlackRock, Inc. disclosed in a Schedule 13G/A Report filed with the
U.S. Securities and Exchange Commission that as of June 30, 2024,
it has ceased to be the beneficial owner of more than 5 percent of
Big Lots, Inc.'s common stock. BlackRock is reported to
beneficially own 528,387 shares as of June 30, representing 1.8% of
the shares outstanding.

A full-text copy of BlackRock's SEC Report is available at:

                  https://tinyurl.com/rw5mp86a

                        About Big Lots Inc.

Headquartered in Columbus, Ohio, Big Lots, Inc. (NYSE: BIG) is
America's Discount Home Store, operating more than 1,300 stores in
48 states, as well as an ecommerce store with expanded fulfillment
and delivery capabilities. The Company's mission is to help
customers "Live Big and Save Lots" by offering bargains to brag
about on everything for their home, including furniture, decor,
pantry essentials, kitchenware, pet supplies, and more. For more
information about the company or to find the store nearest you,
visit -- https://www.biglots.com/ --

As of May 4, 2024, the Company had $3.2 billion in total assets,
$3.1 billion in total liabilities, and $81.4 million in total
shareholders' equity.

Big Lots, Inc. cautioned in a Form 10-Q Report filed with the U.S.
Securities and Exchange Commission for the 13 weeks ended May 4,
2024, that due to its net losses and use of cash in operating
activities in 2022, 2023 and the first quarter of 2024, as well as
its current cash and liquidity projections, there is substantial
doubt about its ability to continue as a going concern.

The Company is currently in compliance with the covenants under the
agreements governing its indebtedness and its current aggregate
available borrowings under the 2022 Credit Agreement and Term Loan
Facility are $213.9 million, subject to certain borrowing base
limitations. Due to ongoing negative macroeconomic factors and
their uncertain impacts on the Company's business, results of
operations, and cash flows, the Company expects to experience
further operating losses and expects to experience difficulty
remaining in compliance with such covenants.

Management has implemented plans to reduce costs, improve sales,
and enhance its financial flexibility and liquidity.  However,
based on its current cash and liquidity projections, and
uncertainties with respect to the mitigating effect of management's
plans, the Company has concluded there is a significant likelihood
that it will be unable to comply with the Excess Availability
Covenant under the 2022 Credit Agreement and the Term Loan Facility
within the next 12 months.


BIG LOTS: Intends to Close 35 to 50 Stores in 2024
--------------------------------------------------
Daniel Urie of Penn Live reports that struggling discount chain to
close 35-40 stores in 2024.

Discount chain Big Lots is struggling.

The company's comparable sales in the first quarter declined by
nearly 10%. Big Lots said its sale numbers have been impacted by a
"challenging consumer environment."

"While we made substantial progress on improving our business
operations in Q1, we missed our sales goals due largely to a
continued pullback in consumer spending by our core customers,
particularly in high ticket discretionary items," Bruce Thorn,
president and CEO of Big Lots, said in the company's quarterly
earnings report, earlier this month.

In the company's latest SEC filing on June 13, 2024, it said it has
incurred net losses and used cash in operating activities in 2022,
2023, and the first quarter of 2024.

Big Lots says that it has implemented plans to reduce costs,
improve sales, and enhance its financial flexibility and liquidity.
But, the company paints a bleak picture in the SEC filing about its
future.

"Based on our current cash and liquidity projections, and
uncertainties with respect to the mitigating effect of management's
plans, the Company has concluded there is a significant likelihood
that it will be unable to comply with the Excess Availability
Covenant under the 2022 Credit Agreement and the Term Loan Facility
within the next 12 months, which raises substantial doubt about the
Company's ability to continue as a going concern," the company
said.

In 2024, Big Lots expects to open three stores and close 35 to 40
locations.

The company has 1,390 stores in 48 states. The company had 1,425
stores at the beginning of the fiscal 2023 year.

The company's stock tells its story of how far it's fallen in just
three years. Its stock was over $70 in 2021 and as of Monday the
stock was trading at $1.81.

          About Big Lots Inc.

Big Lots sells a wide assortment of brand-name and private label
items, such as food, furniture, seasonal items, electronics and
accessories, home decor, toys, and gifts.






BOB'S STORES: Closes All Locations in Chapter 11
------------------------------------------------
Dennis Limmer of RetailWire reports that Bob's Stores is closing
all locations amid its bankruptcy.

With nearly 70 years of history, Bob's Stores has been a beloved
fixture in local communities, offering affordable apparel and
footwear.  Despite its strong community ties, financial struggles
have necessitated the liquidation of the company.  As a result, all
Bob's Stores locations will be closing, and liquidation sales have
already commenced.

The legacy of Bob's Stores dates back to 1954, when founder Bob
Lapidus opened the first store, originally named "Bob's Surplus,"
in Middletown, Connecticut. The brand grew and evolved over the
years, eventually being acquired by TJX Companies, the owner of
Marshalls and T.J.Maxx, in 2003. It was later sold to private
equity firms in 2008.

The closures will affect stores in several states, including
Connecticut, Massachusetts, New York, New Hampshire, New Jersey,
and Rhode Island. Below is the full list of locations that are
shutting down.

Connecticut

* Ansonia: 409 Main St.

* Hamden: 2300 Dixwell Ave.

* Manchester: 179 Pavilions Drive

* Middletown: 416 E. Main St.

* Milford: 195 Cherry St.

* Newington: 172 Kitts Lane

* Simsbury: 504 Bushy Hill Road

* Southington: 835 Queen St.

* Waterbury: 910 Wolcott St.

* Waterford: 167 Parkway N.

Massachusetts

* Attleboro: 287 Washington St.

* Fitchburg: 146 Whalon St.

* Holyoke: 50 Holyoke St.

* Middleton: 230 Main St.

* Randolph: 59 Mazzeo Drive

* Westboro: 168 Milk St.

New York

* Centereach: 191 Centereach Mall

* West Islip: 135-187 Sunrise Hwy

New Hampshire

* Salem: 92 Cluff Crossing

New Jersey

* Freehold: 3710 US-9

Rhode Island

* Cranston: 1400 Oaklawn Ave.

Liquidation sales at these locations are offering significant
discounts ranging from 30% to 70% off regular prices. Additionally,
store fixtures, furniture, and equipment are available for
purchase. Customers can use gift cards and make exchanges until
July 14, 2024.

The closure of Bob's Stores is part of a larger trend of retail
store shutdowns in 2024.  The retail industry has been hit hard by
a wave of bankruptcies and the ongoing impact of inflation on
consumer spending.  Bob's Stores' shutdown marks a significant
chapter in the changing landscape of American retail.

                  About Mountain Sports LLC

Mountain Sports LLC, doing business as Bob's Stores, Eastern
Mountain Sports, EMS, and Sport Chalet, is a sporting goods, hobby
and musical instrument retailer.

Mountain Sports sought relief under Chapter 11 of the Bankruptcy
Code (Bankr. D. Del. Case No. 24-11385) on June 18, 2024.  In the
petition filed by David Barton, authorized representative Bob's EMS
Holdings LLC, manager of Debtor's sole member, the Debtor estimated
assets and liabilities between $10 million and $50 million.

The Honorable Bankruptcy Judge Mary F. Walrath oversees the case.

The Debtor is represented by:

     Maria Aprile Sawczuk, Esq.
     GOLDSTEIN & MCCLINTOCK LLLP
     501 Silverside Road
     Suite 65
     Wilmington, DE 19809
     Tel: 302-444-6710
     Fax: 302-444-6709
     E-mail: marias@goldmclaw.com


BRET FOXSON: Court Affirms Summary Judgment for Insurer
-------------------------------------------------------
Judge Richard D. Bennett of the United States Bankruptcy Court for
the District of Maryland affirmed United States Bankruptcy Judge
Nancy V. Alquist's September 29, 2023, Order granting summary
judgment in favor of Plaintiff-Appellee North American Specialty
Insurance Company ("NASIC") in a bankruptcy claims dispute filed
against Defendant-Appellant Bret Foxson, the debtor.

NASIC sought a declaratory judgement that its claims against
Foxson's joint property with his wife Amy Foxson were not subject
to discharge following his wife's earlier Chapter 13 bankruptcy.
The bankruptcy court determined that NASIC did not have notice of
Amy's bankruptcy case and accordingly found that NASIC's claims in
the Foxson's joint property were not discharged.  It therefore
granted summary judgment in favor of NASIC.

In 2007, Bret Foxson opened an HVAC company called B&B
Technologies, LLC, which subsequently became known by its
tradename, ComfortTech.  Amy became a member of the Company.  To
fund construction projects in 2016, the Company obtained seven
surety bonds through Sandy Spring Insurance Corporation.  To obtain
the bonds, Bret and Amy signed a General Indemnity Agreement both
as individuals and on behalf of the Company.  The agreement
requests "that NASIC, Washington International Insurance Company,
North American Capacity Insurance Company, Westport Insurance
Corporation, and any existing or future affiliates, subsidiaries,
divisions, successors, assigns, co-sureties, or reinsurers execute
or procure the execution of surety bonds." NASIC issued seven bonds
to the Company.  When claims were made against those bonds, NASIC
sent nine letters to the Company and to Bret.  Amy directly
received one letter and was copied on another two.

All of the letters listed NASIC's address as 1450 American Lane,
Suite 1100, Schaumburg, IL 60173.

Financial troubles arose, and in 2019 Amy filed a Chapter 13
bankruptcy petition.  In her schedules, Amy listed "North American
Surety" as a creditor based on a debt incurred as a "co-indemnitor
on surety bond for company."  For North American Surety's address,
Amy listed the address of another company, JW Surety Bonds: 6023A
Kellers Church Road, Pipersville, PA 18947.

The Foxsons have alleged that Amy did so because she and Bret
believed that it was part of NAS Surety Group, which was listed at
the top of the indemnity agreement.  Nevertheless, the Foxsons did
not review the indemnity agreement when preparing their bankruptcy
schedules.  The undisputed record reflects that Amy did not list
NASIC as a creditor.  Accordingly, having not been notified, NASIC
did not file a proof of claim.  After Amy completed her plan
payments and received a discharge, her bankruptcy case was closed
on January 31, 2020.

A month later, Bret filed a Chapter 7 bankruptcy petition that was
converted to a Chapter 11 case in 2021.  He listed the same
creditor and address as Amy: North American Surety at 6023A Kellers
Church Road, Pipersville, PA 18947 (the address of JW Surety).
Ultimately, later in 2020, Bret amended his schedules to include
NASIC as a creditor, and he listed its address as 1450 American
Lane, Suite 1100, Schaumburg, IL 60173.  Around that time, the
Chapter 7 Trustee notified NASIC of the Foxsons' bankruptcy cases
and filed a proof of claim in Bret's case.

On July 6, 2020, NASIC filed the complaint in this case, seeking a
declaratory judgment that its claims were not discharged by Amy's
bankruptcy.  It moved for summary judgment, which the bankruptcy
court granted on September 29, 2023.  Bret Foxson filed a timely
notice of appeal on October 13, 2023.

The core of this dispute is whether the Foxsons used reasonable
diligence when they failed to list NASIC as a creditor in Amy's
earlier bankruptcy petition.  They did not, the Court finds.  The
Foxsons did not consult the indemnity agreement, the bonds, or
communications from NASIC when listing creditors in their
schedules.

Instead, they listed North American Surety -- a company that does
not appear in the indemnity agreement or the bonds, and apparently
does not exist at all.  For this company's address, they listed the
address of another company: JW Surety Bonds. The Foxsons knew that
this address belonged to another company.  Although Bret argues he
was confused by differing results upon googling "NAS Surety," he
need only consult the indemnity agreement, the bonds,
communications from NASIC, or his attorney to identify NASIC as a
creditor and to list NASIC's correct address.  The Court notes the
Foxsons' decision to list an address of a company other than NASIC
is particularly egregious because they were both represented by
counsel at the time they filed their bankruptcies, and they could
have simply asked for their counsel's assistance.  Instead, they
stitched the address of one company to the name of another, neither
of which belonged to NASIC.  This decision lacked reasonable
diligence, the Court states.

According to the Court, Bret incorrectly argues that NASIC was not
a known creditor.  NASIC's identity was "reasonably ascertainable"
through "reasonably diligent efforts."  Bret does not dispute that
he and his wife signed the indemnity agreement, which clearly
identifies NASIC.  The Company (of which they were members)
received seven bonds issued by NASIC.  Bret and the Company
received nine letters from NASIC, and Amy received three.  Bret's
argument that he and his wife could ignore the letters sent from
NASIC because they thought the letters applied only to the Company
fails to pass muster.  Bret and Amy were jointly and severally
liable with the Company under the indemnity agreement, which they
signed to secure bonds for the Company.  It would make no sense for
the Foxsons to disregard communications from NASIC regarding those
bonds simply because they were not individual parties to the bonds.
The indemnity agreement explicitly mentions NASIC as a potential
bond-issuer.  It nowhere mentions JW Surety. Using JW Surety's
address contradicted plain sense.  And to the extent that the
Foxsons "focused on the only document that created liability for
them individually -- the Indemnity Agreement," even the most
cursory review of the indemnity agreement reveals NASIC as a
potential creditor.   The Foxsons therefore failed to take basic
steps in consulting their own books and records, demonstrating an
unreasonable lack of diligence, the Court holds.

A copy of the Court's decision dated July 1, 2024, is available at
https://urlcurt.com/u?l=F4RYsq

Bret Foxson filed a Chapter 7 bankruptcy petition (Bankr. D. Md.
Case No. 20-0205) in the United States Bankruptcy Court for the
District of Maryland in February 2020.  The case was converted to
Chapter 11 in 2021.


BRUNER ENTERPRISES: Hires Blackwood Law Firm as Bankruptcy Counsel
------------------------------------------------------------------
Bruner Enterprises, LLC seeks approval from the U.S. Bankruptcy
Court for the Western District of Oklahoma to employ Blackwood Law
Firm, PLLC as counsel.

The Debtor requires a counsel to assist in all matters relating to
this Chapter 11 case.

The hourly rates of the firm's counsel and staff are as follows:

     Attorneys                         $400
     Legal Assistants & Law Clerks     $100   

In addition, the firm will seek reimbursement for expenses
incurred.

Amanda Blackwood, Esq., an attorney at Blackwood Law Firm,
disclosed in a court filing that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached through:

     Amanda R. Blackwood, Esq.
     Blackwood Law Firm, PLLC
     512 NW 12th Street
     Oklahoma City, OK 73103
     Telephone: (405) 309-3600
     Facsimile: (405) 378-4466
     Email: amanda@blackwoodlawfirm.com

                      About Bruner Enterprises

Bruner Enterprises, LLC filed its voluntary petition for relief
under Chapter 11 of the Bankruptcy Code (Bankr. W.D. Okla. Case No.
24-11804) on June 28, 2024, listing under $1 million in both assets
and liabilities.

Amanda R. Blackwood, Esq., at Blackwood Law Firm, PLLC represents
the Debtor as counsel.


BULA DEVELOPMENTS: Walter Dahl Named Subchapter V Trustee
---------------------------------------------------------
The U.S. Trustee for Region 17 appointed Walter Dahl, Esq., a
partner at Dahl Law, as Subchapter V trustee for Bula Developments,
Inc.

Mr. Dahl will be compensated at $485 per hour for his services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.  

In court filings, Mr. Dahl declared that he is a disinterested
person according to Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Walter R. Dahl
     Dahl Law
     2304 "N" Street
     Sacramento, CA 95816-5716
     Telephone: (916) 446-8800
     Telecopier: (916) 741-3346
     Email: wdahl@dahllaw.net

                      About Bula Developments

Bula Developments, Inc. sought protection for relief under Chapter
11 of the Bankruptcy Code (Bankr. E.D. Calif. Case No. 23-24619) on
Dec. 26, 2023, listing $10 million to $50 million in assets and $1
million to $10 million in liabilities.

Gabriel E. Liberman, Esq. at the Law Offices of Gabriel Liberman,
APC represents the Debtor as counsel.


CANO HEALTH: Court OKs Chapter 11 Exit Under Lenders' Control
-------------------------------------------------------------
Steven Church of Bloomberg News reports that Cano Health approved
to exit bankruptcy under control of lenders.

Cano Health Inc., one of the biggest independent primary-care
providers in the US, won court approval to hand ownership to
creditors in exchange for reducing debt by about $1 billion.

At a court hearing Friday, June 28, 2024, morning, US Bankruptcy
Judge Karen Owens gave the company permission to implement a
reorganization plan backed by lenders including Nut Tree Capital
Management, Carlyle Investment Managementand Squarepoint Ops. Those
investors were among a group that negotiated a bankruptcy deal with
Cano to slash debt and lend the company fresh cash in exchange for
equity stakes.

                      About Cano Health Inc.

Cano Health, Inc. and its affiliates are independent primary care
physician group.

The Debtors sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Del. Lead Case No. 24-10164) on February 4, 2024.
In the petitions signed by Mark Kent, authorized signatory, the
Debtors disclosed $1,211,931,000 in assets and $1,471,032,000 in
liabilities.

Judge Karen B. Owens oversees the cases.

The Debtors tapped Richards, Layton & Finger, PA and Weil, Gotshal
& Manges, LLP as bankruptcy counsels; Quinn Emanuel Urquhart &
Sullivan, LLP as special counsel; Houlihan Lokey, Inc. as
investment banker; and AlixPartners, LLP as financial advisor.

Kurtzman Carson Consultants, LLC is the claims, notice and
solicitation agent.

Gibson, Dunn & Crutcher, LLP and Pachulski, Stang, Ziehl & Jones,
LLP represent the ad hoc first lien group while ArentFox Schiff,
LLP represents Wilmington Savings Fund Society, FSB, the DIP
agent.

Credit Suisse AG, Cayman Islands Branch, serves as administrative
agent and collateral agent, under the Credit Agreement. Freshfields
Bruckhaus Deringer US, LLP is counsel to the agent.

JPMorgan Chase Bank, N.A., serves as administrative agent and
collateral agent under the Side-Car Credit Agreement. It is
represented by Proskauer Rose, LLP.

Daniel McMurray was appointed as the patient care ombudsman in
these Chapter 11 cases. He tapped Neubert Pepe & Monteith PC and
Klehr Harrison Harvey Branzburg, LLP as his counsel.


CARESTREAM DENTAL: Seeks New Private Funding Prior Restructuring
----------------------------------------------------------------
Carmen Arroyo, Ellen Schneider and Reshmi Basu of Bloomberg News
report that dental equipment company Carestream Dental Inc. is
seeking new debt financing from private credit lenders as part of
an out-of-court restructuring proposal the lenders are considering,
according to people with knowledge of the matter.

The Clayton, Dubilier & Rice-owned dental company is working with
Jefferies Group, who's reaching out to direct lenders for about
$400 million of new financing in the form of a term loan as well as
additional junior capital, said the people who asked not to be
named as the details are private.

                 About Carestream Dental Inc.

Carestream Health, Inc., headquartered in Rochester, New York, is a
supplier of imaging and IT systems to the medical and dental
communities and to other markets.


CARVANA CO: BlackRock Holds 4.2% of Class A Shares as of June 30
----------------------------------------------------------------
BlackRock, Inc. disclosed in a Schedule 13G/A Report filed with the
U.S. Securities and Exchange Commission that as of June 30, 2024,
it beneficially owned 4,917,031 shares of Carvana Co.'s Class A
Common Stock, representing 4.2% of the shares outstanding.

A full-text copy of BlackRock's SEC Report is available at:

                  https://tinyurl.com/mrvfnxzt

                           About Carvana

Founded in 2012 and based in Tempe, Arizona, Carvana Co. --
http://www.carvana.com-- is an e-commerce platform for buying and
selling used cars.  The Company is transforming the used car buying
and selling experience by giving consumers what they want, a wide
selection, great value and quality, transparent pricing, and a
simple, no pressure transaction.  Each element of its business,
from inventory procurement to fulfillment and overall ease of the
online transaction, has been built for this singular purpose.

As of March 31, 2024, the Company had $6.98 billion in total
assets, $7.29 billion in total liabilities, and a total
stockholders' deficit of $311 million.

                            *    *    *

As reported by the TCR on Sept. 13, 2023, S&P Global Ratings raised
its issuer credit rating on U.S.-based Carvana Co. to 'CCC+' from
'D'.  S&P said, "The negative outlook reflects our expectation that
we could downgrade the company if the company's performance were to
deteriorate further such that we believe liquidity would become
constrained or if we believe there is a likelihood the company
could conduct a distressed restructuring over the next 12 months.
The upgrade to 'CCC+' reflects the near-term improvement in the
company's liquidity position, though the capital structure remains
unsustainable."

Moody's Investors Service upgraded Carvana Co.'s corporate family
rating to Caa3 from Ca, the TCR reported on Sept. 22, 2023. Moody's
said the upgrade of Carvana's CFR to Caa3 reflects the completion
of its debt exchange that pushes out some near-term maturities,
reduces outstanding debt and materially reduces cash interest
expense in the two years following the exchange.


CHARTER COMMUNICATIONS: Moody's Alters Outlook on Ba2 CFR to Neg.
-----------------------------------------------------------------
Moody's Ratings affirmed all of Charter Communications, Inc.'s
(Charter or the Company) credit ratings including the Ba2 Corporate
Family Rating, Ba2-PD Probability of Default Rating, Ba1 senior
secured notes and senior secured bank credit facilities at Charter
Communications Operating, LLC (CCO), Ba1 senior secured notes at
Time Warner Cable LLC, Time Warner Cable Enterprises LLC, and CCO
Safari II, LLC, and B1 senior unsecured notes at CCO Holdings, LLC
(CCOH) and co-borrowed by CCO Holdings Capital Corp.  The
Speculative Grade Liquidity Rating was downgraded to SGL-2 from
SGL-1. The outlook was changed to negative, from stable.           
  

The negative outlook reflects rising competitive intensity that is
driving higher customer losses across all services except mobile,
and Charter's exposure related to the wind down of the Affordable
Connectivity Program (ACP) which provides material subsidies to
Charter and could lead to a revenue decline of at least low single
digit percent over the next year.  Additionally, capital intensity
remains elevated (capex to revenue is above 20% and will remain at
this level for at least the next 2 years) and average borrowing
costs are rising to near mid-5 % (as reported). As a result,
Moody's expects free cash flow (FCF) to debt to be in the low
single digit percent and retained cash flow (RCF) to net debt to be
near 15% (for at least the next 12-18 months). Based on a shift in
financial policy to move toward the mid-point of the Company's
target leverage range (of 4.0 to 4.5x net leverage), Moody's
expects some free cash flow will be used to delever resulting in
leverage falling marginally, to near mid 4x on a Moody's adjusted
basis, but could approach 4.25x if all free cash flows are used for
debt repayment.  Further Moody's expects that disciplined cost
management, decline in video programming costs, and growth in
certain areas of the business (mostly rural broadband builds), will
support no worse than flat EBITDA and EBITDA margins (near 40%).

RATINGS RATIONALE

Charter's credit profile is supported by its substantial scale and
share of the cable industry and superior, high-speed network.
Charter is the second largest cable company in the United States,
with strong EBITDA margins (near 40%) supported by a large mix of
very high-margin broadband wireline internet customers. The
business model is also highly predictable, with a diversified
footprint and customer base and a largely recurring revenue model
with monthly subscriptions.

The credit profile is constrained by governance risk as reflected
in the G-4 Issuer Profile Score and CIS-4 Credit Impact score.
Financial strategy and risk management policy includes targeting
net leverage of 4.0-4.5x (Moody's adjusted gross debt to EBITDA was
4.6x at Q1 LTM), which has become an increasingly greater credit
risk given macro risks and more intense competitive dynamics across
portions of its footprint evidenced by subscriber losses across all
services but mobile. Additionally, free cash flow has declined (to
near 3% of debt) due to elevated capital expenditures (over 20% of
revenue), higher interest costs, and the increasing cash needs to
finance mobile devices. Management also maintains a commitment to
distribute a portion of  free cash flows to shareholders, typically
via share repurchases. As a result, the company could become more
dependent on access to the debt capital markets if internal sources
of liquidity (cash and operating cash flows) are not sufficient to
fully cover upcoming debt maturities.

Charter is challenged by, and exposed to, significant and
persistent unfavorable secular trends and pressure in its wireline
voice and video services, evidenced by the high and sustained
customer loss due to competition and changes in media consumption.
The company is also now losing internet customers due to higher
competitive intensity from fixed wireless and wireline
overbuilders. Mobile services, while growing quickly, is producing
negative FCF and Moody's expects the run-rate economics (at scale)
will be less profitable than wireline cable and voice.

Liquidity is good (SGL-2) over the next year supported by positive
operating cash flow after mandatory payments (including debt
maturities), more than half of its $5.5 billion revolving credit
facility available (at last quarter end), and adequate headroom
under maintenance covenants. Moody's believes alternate liquidity
is constrained by a partially secured capital structure given most
assets are encumbered and any proceeds from a sale would have to
first go to repay lenders. Given the significant wall of maturities
(over $13 billion) in 2027, Charter will become increasingly
dependent on access to the debt capital markets to roll some
portion of the maturities ahead of scheduled due dates and will be
subject to the potential for higher interest costs.

Moody's rates the senior secured bank credit facilities and senior
secured notes at Charter Communications Operating, LLC, Time Warner
Cable LLC, and Time Warner Cable Enterprises LLC Ba1, one notch
above the Ba2 CFR. Secured lenders benefit from junior capital
provided by the senior unsecured notes issued at CCO Holdings, LLC
and CCO Holdings Capital Corp. (which have no guarantees), the most
junior claims and rated B1, with contractual and structural
subordination to the secured obligations. Instrument ratings
reflect the Ba2-PD Probability of Default Rating with a mix of
secured and unsecured debt, which Moody's expect will result in an
average rate of recovery of approximately 50% in a distressed
scenario.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

Moody's could consider an upgrade if:

-- Leverage (Moody's adjusted gross debt/EBITDA) is sustained below
3.75x, and

-- Retained cash flow to net debt (Moody's adjusted) is sustained
above 20%

An upgrade could also be conditional on a more conservative
financial policy, sustained organic and profitable revenue growth,
and improved liquidity.

Moody's could consider a downgrade if:

-- Sustained organic revenue and EBITDA growth is not expected

-- Leverage (Moody's adjusted gross debt/EBITDA) is not expected
to  approach 4.25x, or

-- Retained cash flow to net debt (Moody's adjusted) is sustained
below 15%                          

Moody's could also consider a negative rating action if liquidity
deteriorated, financial policy turned more aggressive, or scale or
diversity declined.

The principal methodology used in these ratings was
Telecommunications Service Providers published in November 2023.

Charter Communications, Inc., headquartered in Stamford,
Connecticut, provides video, data, phone, and wireless services.
Across its footprint, which spans 41 states, Charter serves
approximately 32 million customers (internet, video and voice,
excluding enterprise) and about 8.3 million mobile lines, making it
the second-largest U.S. cable operator. The company sells its
services under the Spectrum brand. Revenue for the 12 months ended
Q1 2024 was approximately $54.6 billion. Charter is a public
company with the largest shareholders Liberty Broadband Corporation
(unrated) and the Advance/Newhouse family.


CHICKEN SOUP: Former CEO Taps Defense Lawyers to Avoid Ch.11 Probe
------------------------------------------------------------------
Dietrich Knauth of Reuters reports that Chicken Soup for the Soul
Entertainment's former chief executive declined to testify about
his company's failure to pay employees before filing for
bankruptcy, and the company's attorneys said at a Tuesday, July 2,
2024, court hearing that he was concerned about potential criminal
liability.

The company, which owns DVD rental service Redbox and online
streaming services including Crackle, filed for bankruptcy in
Delaware on Friday after losing $636 million in 2023.

The company's lenders, led by private investment firm HPS
Investment Partners, accused ex-CEO William Rouhana of improperly
firing the company's board, failing to make payroll for the
company's 1,000 employees, and causing employees to lose access to
their healthcare benefits.

Rouhana's attorney, Morgan Patterson, said Rouhana denied doing
anything improper and that he would have testified if called upon.
She said that CSSE's attorneys had raised the specter of potential
criminal implications in court filing that "was not reviewed or
approved by Mr. Rouhana."

The dispute delayed a normally routine request to borrow additional
funds and continue normal operations like paying employees during
the initial stage of the bankruptcy case.

After a round of last-minute negotiations on Tuesday, HPS agreed to
provide an $8 million loan to fund CSSE's immediate payroll needs
while negotiations continue over longer-term funding for the
company.

HPS, which is owed $500 million, had asked U.S. Bankruptcy Judge
Thomas Horan, who is presiding over CSSE's bankruptcy case, to
reconstitute the company's board of directors or place a bankruptcy
trustee in charge of the company. HPS backed off its immediate
demands after CSSE agreed to put a new board in place and hire a
new CEO.

Richard Pachulski, an attorney representing ousted CSSE board
members, supported the call for a new board of directors, saying
that Rouhana should not be allowed to "puppeteer" the company in
its bankruptcy.

CSSE's newly appointed CEO, Bart Schwartz, said that he is not a
puppet and that Rouhana was no longer calling the shots for the
company. To resolve disputes over his appointment, Schwartz agreed
to step down as CEO and join the company's new board of directors
while a new CEO is hired.

The case is In re: Chicken Soup for the Soul Entertainment, U.S.
Bankruptcy Court for the District of Delaware, No. 24-11442.

         About Chicken Soup for the Soul Entertainment

Chicken Soup for the Soul -- https://cssentertainment.com/ -- is
the seller of self-help books, film and television content.

Chicken Soup for the Soul and affiliates sought relief under
Chapter 11 of the U.S. Bankruptcy Code (D. Del. Case No. 24-11442)
on June 29, 2024.  In the petition signed by Bart M. Schwartz, as
CEO, the Debtor estimated assets and liabilities between $500
million and $1 billion.

The Debtor is represented by:

     Ricardo Palacio, Esq
     Ashby & Geddes, P. A.
     132 East Putnam Avenue, Floor 2W
     Cos Cob, CT 06807


CJM TRANSPORTATION: Hires Tom Bible Law as Attorney
---------------------------------------------------
CJM Transportation, Inc., seeks approval from the U.S. Bankruptcy
Court for the Eastern District of Tennessee to employ Tom Bible Law
as attorney.

The firm will provide these services:

     a. advise the Debtor as to their rights, duties, and powers as
debtors-in-possession.

     b. investigate and if necessary, institute legal action on
behalf of the Debtor to collect and recover assets of the estate of
the Debtor.

     c. prepare and file the statements, schedules, plans, and
other documents and pleadings necessary to be filed by the
applicants in this case.

     d. assist and counsel the Debtor in the preparation,
presentation and confirmation of their disclosure statement and
plan of reorganization.

     e. represent the Debtor at all hearings, meetings of
creditors, conferences, trials, and other proceedings in this case;
and

     f. perform such other legal services as may be necessary in
connection with this case.

The firm will be paid at these rates:

     Attorneys        $375 per hour
     Paralegals       $125 per hour

The firm will be paid a retainer in the amount of $5,000.

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

W. Thomas Bible, Jr., Esq., a partner at Tom Bible Law, disclosed
in a court filing that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     W. Thomas Bible, Jr.
     Tom Bible LAW
     6918 Shallowford Road, Suite 100
     Chattanooga, TN 37421
     Tel: (423) 424-3116
     Fax: (423) 553-0639 fax
     Email: tom@tombiblelaw.com
              About CJM Transportation, Inc.

CJM Transportation, Inc. filed a petition under Chapter 11,
Subchapter V of the Bankruptcy Code (Bankr. E.D. Tenn. Case No.
24-11449) on June 14, 2024, with $100,001 to $500,000 in both
assets and liabilities.

Judge Nicholas W. Whittenburg presides over the case.

W. Thomas Bible, Jr., Esq., at the Law Office of W. Thomas Bible,
Jr. represents the Debtor as bankruptcy counsel.


CLARKS SUMMIT: University Set to Close Doors Citing Fiscal Woes
---------------------------------------------------------------
Amanda Albright and Nic Querolo of Bloomberg News report Clarks
Summit University in Pennsylvania is the latest religious school to
announce it will shut its doors due to financial stress.

The school's closing highlights the brutal landscape for small
colleges grappling with enrollment declines and rising costs.
Those challenges can be particularly acute for religious colleges,
which confront the same issues secular schools do while struggling
to appeal to a declining number of young people who say organized
faith is a part of their lives.

                 About Clarks Summit University

Clarks Summit University is a private Baptist Bible college in
Clarks Summit, Pennsylvania. I




CLASS ACT RESTAURANT: Sec. 341(a) Meeting of Creditors on July 26
-----------------------------------------------------------------
Class Act Restaurant Group LLC filed Chapter 11 protection in the
Southern District of Florida.  The Debtor reported between $1
million and $10 million in debt owed to 1 and 49 creditors.  The
petition states funds will be available to unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 26, 2024 at 10:00 a.m. in Room Telephonically.

               About Class Act Restaurant Group

Class Act Restaurant Group LLC sought relief under Chapter 11 of
the Bankruptcy Code (Bankr. S.D. Fla. Case No. 24-16626) on July 1,
2024. In the petition signed by Panagiota Lazarou-Amanna,
authorized representative of the Debtor, the Debtor reported assets
up to $50,000 and liabilities between $1 million and $10 million.

The Honorable Bankruptcy Judge Peter D. Russin oversees the case.

The Debtor is represented by:

     David A. Ray, Esq.
     DAVID A. RAY, P.A.
     303 SW 6th Street
     Fort Lauderdale, FL 33315
     Tel: 954-399-0105
     Email: dray@draypa.com


CLEARWATER PAPER: Moody's Cuts Unsec. Notes Rating to 'B1'
----------------------------------------------------------
Moody's Ratings downgraded Clearwater Paper Corporation's senior
unsecured notes rating to B1 from Ba3. At the same time, Moody's
confirmed the company's Ba2 corporate family rating and Ba2-PD
probability of default rating, with a stable outlook. Clearwater's
speculative grade liquidity rating was downgraded to SGL-2 from
SGL-1. Previously, the ratings were on review for downgrade.

This concludes the review for downgrade that was initiated on
February 22, 2024 following Clearwater's announced acquisition of
Augusta paperboard manufacturing facility from Graphic Packaging
International, LLC (Ba1, stable) for about C$700 million [1]. The
acquisition closed on May 1, 2024 and was funded with secured debt
[2]. The downgrade of the senior unsecured notes rating to B1
reflects the significant increase in the amount of secured debt
that ranks ahead of the unsecured obligations in the capital
structure following Augusta acquisition.

"Despite the financially leveraging acquisition, the confirmation
reflects Moody's expectation that Clearwater will deleverage to
about 3.5x (gross debt/EBITDA) in 2025 and improve its operating
performance over the next 12 to months," said Mikhil Mahore,
Moody's Analyst.

RATINGS RATIONALE

Clearwater's Ba2 CFR benefits from: (1) good North American market
positions in private label tissue and high-end consumer paperboard
packaging; (2) modest product diversity with a focus in two
businesses that typically have relatively stable end market demand;
(3) supportive financial leverage metrics (3.2x pro forma at LTM
March 2024) that will rise in 2024 to 4.2x; and (4) good
liquidity.

Clearwater's rating is constrained by: (1) its relatively small
revenue base; (2) significant financial exposure to market downtime
and maintenance outages; (3) vulnerability to significantly larger
and financially stronger competitors in both tissue and paperboard
packaging; and (4) lack of meaningful backward integration in its
tissue business which exposes it to volatile market pulp prices.

Clearwater has good liquidity (SGL-2) with more than $365 million
of liquidity sources compared to $5 million of mandatory term loan
amortization payment in the next 4 quarters. Sources include $55
million of cash (in March 2024), about $251 million available under
the company's $375 million ABL facility expiring in November 2027
(net of $3.7 million of LCs outstanding), and about $60 million of
positive free cash flow through Q2 2025. The company is subject to
a springing fixed charge covenant of 1.1:1 if the ABL revolver
availability falls below the greater of 10% or $19 million. Moody's
do not expect it to be applicable over the next 4 quarters (ample
cushion if it springs). The company has limited ability to raise
liquidity from asset sales given its secured capital structure.

The B1 rating on Clearwater's $275 million senior unsecured notes
are two notches below the CFR, reflecting the note holders'
subordinate position behind the $375 million asset based revolving
credit facility, $270 million farm credit revolving credit
facility, $400 million secured farm credit term loan, and $90
million commercial bank term loan (all unrated).

The stable outlook reflects Moody's expectation that Clearwater
will reduce financial leverage to about 3.5x in 2025 by repaying
debt and improving EBITDA.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

The ratings could be upgraded if the company is able to grow its
market position or diversity into other end markets such that
operating performance is more resilient, greater visibility into
the company's long term capital structure and growth strategy,
adjusted debt to EBITDA is sustained below 3x, normalized retained
cash flow to adjusted debt is sustained above 20%, and EBITDA
margins approach 16%.

The ratings could be downgraded if the company's operational
performance deteriorates significantly such that normalized
retained cash flow to adjusted debt is sustained below 10%,
adjusted debt to EBITDA are sustained above 4.5x, EBITDA margins
sustained below 10%, and liquidity weakens materially.

The principal methodology used in these ratings was Paper and
Forest Products published in December 2021.

Headquartered in Spokane Washington, Clearwater is a leading North
American producer of private label tissue products and bleached
paperboard.


CLINE DESIGN: Seeks to Extend Plan Exclusivity to Sept. 9
---------------------------------------------------------
Cline Design Group, Inc., asked the U.S. Bankruptcy Court for the
District of Colorado to extend its exclusivity periods to file a
plan of reorganization and obtain acceptance thereof to September 9
and November 6, 2024, respectively.   

The Debtor states that it has made significant progress towards
narrowing the issues to be addressed in the Plan, while this is not
a complex case. For instance, Debtor settled the CoorsCrib claim,
which was more than fifty percent of the general unsecured claims
pool. Additionally, Debtor has completed two large construction
projects which, once sold, will pay Berkely Bank, thereby further
streamlining the plan process.

The Debtor explains that its settlement with CoorsCrib and Debtor's
completion of the two construction projects will materially impact
plan formulation. Debtor has therefore made good faith progress
towards plan formulation. Additionally, resolution of the CoorsCrib
claim has saved the estate substantial attorney fees and expenses
that could have been incurred to litigate the claim, which in turn
will benefit creditors.

The Debtor asserts that it is not seeking an extension to pressure
creditors. To the contrary, the extension is being sought to
resolve creditor claims thereby streamlining the plan confirmation
process.

The Debtor further asserts that it has acted with diligence, in
light of the circumstances, to address issues in this case that
must be dealt with prior to developing and seeking confirmation of
a plan. Extending the 120-day Period and 180-day Period will not
materially prejudice the interests of creditors and other
interested parties. Finally, Debtor is not requesting an extension
to gain a tactical advantage over any of its creditors.

Cline Design Group, Inc., is represented by:

     Aaron J. Conrardy, Esq.
     WADSWORTH GARBER WARNER CONRARDY, P.C.
     2580 West Main Street, Suite 200
     Littleton, CO 80120
     Telephone: (303) 296-1999
     Facsimile: (303) 296-7600
     Email: aconrardy@wgwc-law.com

                   About Cline Design Group

Cline Design Group, Inc., filed its voluntary petition for relief
under Chapter 11 of the Bankruptcy Code (Bankr. D. Colo. Case No.
23-15657) on Dec. 8, 2023.  The petition was signed by Jeffrey A.
Cline as president.  At the time of filing, the Debtor estimated
$100,000 to $500,000 in assets and $1 million to $10 million in
liabilities.  Aaron J. Conrardy, Esq., at Wadsworth Garber Warner
Conrardy, P.C., is the Debtor's counsel.


CLOUDERA INC: Moody's Affirms 'B3' CFR, Outlook Remains Stable
--------------------------------------------------------------
Moody's Ratings affirmed Cloudera, Inc.'s B3 Corporate Family
Rating and B3-PD Probability of Default Rating. Concurrently,
Moody's affirmed the B2 ratings on the senior secured first lien
bank credit facilities and the Caa2 rating on the senior secured
second lien term loan. The outlook remains stable.

Net proceeds from the proposed $420 million incremental term loan,
along with balance sheet cash, will be used to fund a $561 million
dividend to shareholders. The proposed term loan is expected to be
fully fungible with the existing senior secured first lien term
loan B.

RATINGS RATIONALE

The debt-funded dividend distribution at the time when increased
investments are expected to drive a decline in earnings is credit
negative and reflects an aggressive financial policy, which is a
governance risk. Pro forma for the transaction Cloudera's cash
adjusted leverage will increase to 7.4x from 6.3x debt/cash EBITDA
(adding back stock based compensation, cash equity payments and the
change in deferred revenue) based on April 30, 2024 LTM results.
With the increased investments in R&D, sales and marketing planned
for fiscal 2025 (ending January 31, 2025), Moody's expect leverage
to increase to around 8.2x, before declining to low-7x by the end
of fiscal 2026, driven by low single digit revenue growth and
moderating investments. Cloudera's revenue growth is driven by
mid-single digit subscription revenue growth, offset by declining
services revenue associated with migration of the existing
customers to Cloudera Data Platform (CDP), as majority of the
customers have migrated or commenced migration to CDP.

Cloudera benefits from its leading position within the growing
hybrid, multi-cloud data management and analytics software market
where solutions can be deployed on-premise as well as in public and
private clouds. Operating performance is supported by long-term
subscription contracts (typically up to 3 years in length) with
large enterprise customers, which are diversified across industry
and geography. The company's high proportion of recurring revenue
and net retention rates in excess of 100% provide some level of
visibility into future cash flows and support interest coverage.
Nevertheless, Cloudera has moderate scale relative to certain
larger competitors. In addition, Cloudera operates in an evolving
technology landscape within the highly competitive data management
and analytics software market, which includes 'legacy' players and
hyperscale cloud providers.

Liquidity is good, supported by $200 million of pro forma
unrestricted cash and $197 million of restricted cash at
transaction close, and projected breakeven free cash flow over the
next 12 months. Free cash flow exhibits seasonality as the majority
of cash is collected in Q1. Cloudera's liquidity is also supported
by the availability under its $250 million revolver due July 2028
(of which $45 million was restricted as a letter of credit for
collateral for the appeal bond related to the ongoing litigation).
The revolving credit facility contains a springing maximum first
lien net leverage ratio covenant of 9.6x when drawn 40% at quarter
end. Moody's do not expect the covenant to be triggered over the
next 12 months.

The stable outlook reflects Moody's expectation that Cloudera will
grow revenue organically in the low single digit percent range and
decrease cash adjusted leverage to low-7x by the end of fiscal
2026. In addition, Moody's expect that Cloudera's free cash flow to
debt will improve to low single digits in 2026.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

Cloudera's ratings could be upgraded if the company's revenue
growth accelerates to high single digits with cash adjusted
leverage sustained below 7x and free cash flow to debt exceeding
5%. Cloudera's ratings could be downgraded if cash adjusted
leverage is sustained over 8x, organic revenue were to decline, or
liquidity were to deteriorate.

Cloudera, with its principal office in Santa Clara, California is a
provider of data management and analytics software to enterprise
customers. Cloudera is owned by affiliates of Clayton, Dubilier &
Rice and KKR & Co. The company generated revenue of approximately
$1.1 billion in the LTM period ended April 30, 2024.

The principal methodology used in these ratings was Software
published in June 2022.


CLR ADMIN: Seeks to Tap McDonald Hopkins LLC as Special Counsel
---------------------------------------------------------------
CLR Admin Services, LLC seeks approval from the U.S. Bankruptcy
Court for the Southern District of Florida to employ McDonald
Hopkins, LLC as special counsel.

The Debtor requires a special counsel to prosecute its claim
against the probate estate of Lawrence Giardina, Case No.
PRC240000465, in the Circuit Court of the Seventeenth Judicial
Circuit, in and for Broward County, Florida.

The hourly rates of the firm's counsel and staff are as follows:

     Christopher Hopkins, Esq., Attorney  $500
     Paralegals                           $175

In addition, the firm will seek reimbursement for expenses
incurred.

The firm also requested an initial retainer of $10,000.

Mr. Hopkins disclosed in a court filing that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The firm can be reached through:
   
     Christopher B. Hopkins, Esq.
     McDonald Hopkins, LLC
     501 S. Flagler Drive, Suite 200
     West Palm Beach, FL 33401
     Telephone: (561) 847-2346
     Email: chopkins@mcdonaldhopkins.com

                      About CLR Admin Services

CLR Admin Services, LLC, offers advertising, public relations, and
related services, filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Fla. Case No.
24-16135) on June 20, 2024. In the petition signed by Darren
Silverman, manager, the Debtor disclosed up to $50,000 in assets
and up to $10 million in liabilities.

Judge Mindy A. Mora oversees the case.

The Debtor tapped Wernick Law PLLC as bankruptcy counsel and
McDonald Hopkins, LLC as special counsel.


COACH USA: Seeks to Hire Bennett Jones as Restructuring Counsel
---------------------------------------------------------------
Coach USA, Inc. and its affiliates seek approval from the U.S.
Bankruptcy Court for the District of Delaware to employ Bennett
Jones, LLP as Canadian restructuring counsel.

The firm will provide Canadian legal advice with respect to these
Chapter 11 cases and recognition and enforcement of these Chapter
11 cases in Canada pursuant to the Companies' Creditors Arrangement
Act (CCAA).

The hourly rates of the firm's counsel and staff (Canadian dollars)
are as follows:

     Counsel/Partners              $645 - $1,645
     Asssociates                   $410 - $910
     Law Clerks/Paralegals         $165 - $565

In addition, the firm will seek reimbursement for expenses
incurred.

Prior to the petition date, Bennett Jones received payments and
advances in the aggregate amount of approximately CAD$389,631.58
for services performed and expenses incurred, and to be performed
and incurred.

Michael Shakra, Esq., a partner at Bennett Jones, also provided the
following in response to the request for additional information set
forth in Section D of the Revised U.S. Trustee Guidelines:

Question: Did Bennett Jones agree to any variations from, or
alternatives to, Bennett Jones' standard billing arrangements for
this engagement?

Answer: No. The rate structure provided by Bennett Jones is
appropriate and comparable to (a) the rates that Bennett Jones
charges for non-bankruptcy representations and (b) the rates of
other comparably skilled professionals.

Question: Do any of the Bennett Jones professionals in this
engagement vary their rate based on the geographic location of
these Chapter 11 cases?

Answer: No.

Question: If Bennett Jones has represented the Debtors in the 12
months prepetition, disclose Bennett Jones' billing rates and
material financial terms for the prepetition engagement, including
any adjustments during the 12 months prepetition. If Bennett Jones'
billing rates and material financial terms have changed
postpetition, explain the difference and the reasons for the
difference.

Answer: Bennett Jones' current hourly rates for services rendered
on behalf of the Debtors are set forth above. These rates have been
used since January 1, 2024. During the prior calendar year, Bennett
Jones used the following rates (in Canadian dollars) for services
rendered on behalf of the Debtors: $740 - $1,740 for
counsel/partners; $385 - 880 for associates; and $155 - $530 for
law clerks/paralegals. All material financial terms have remained
unchanged since the prepetition period.

Question: Have the Debtors approved Bennett Jones' budget and
staffing plan and, if so, for what budget period?

Answer: The Debtors have approved and included into the DIP Budget
Bennett Jones's prospective budget and staffing plan for the
postpetition period.

Mr. Shakra disclosed in a court filing that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The firm can be reached through:

     Michael S. Shakra, Esq.
     Bennett Jones, LLP
     3400 One First Canadian Place
     P.O. Box 130
     Toronto, ON
     Telephone: (416) 777-6236
     Email: shakram@bennettjones.com

                        About Coach USA

Coach USA, Inc. filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. D. Del. Case No.
24-11258) on June 11, listing $100,000,001 to $500 million in both
assets and liabilities.

The Debtors tapped Young, Conaway, Stargatt & Taylor as bankruptcy
counsel; Houlihan Lokey as their investment bankers; Bennett Jones
LLP as Canadian restructuring counsel; and Spencer Ware of CR3
Partners, LLC as their chief restructuring officer. Kroll
Restructuring Administration LLC is the Debtors' claims and
noticing agent.


COMMERCIAL OFFICE: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------------
Debtor: Commercial Office Resource Environments, LLC
          d/b/a Core, LLC
        698 E. Wetmore Rd., Suite 410
        Tucson, AZ 85705

Business Description: The Debtor is a full-service corporate
                      procurement & commercial furniture dealer.
                      It serves corporate businesses, federal
                      government, and an array of industries
                      including education, healthcare,
                      hospitality, and non-profit.

Chapter 11 Petition Date: July 10, 2024

Court: United States Bankruptcy Court
       District of Arizona

Case No.: 24-05551

Judge: Hon. Scott H Gan

Debtor's Counsel: JoAnn Falgout, Esq.
                  GUIDANT LAW, PLC
                  402 E. Southern Ave
                  Tempe, AZ 85282
                  Tel: 602-888-9229
                  E-mail: ecf@guidant.law
               
Estimated Assets: $100,000 to $500,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Mercedes Flores as manager.

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

https://www.pacermonitor.com/view/4EOVA2I/COMMERCIAL_OFFICE_RESOURCE_ENVIROMENTS__azbke-24-05551__0001.0.pdf?mcid=tGE4TAMA


COMTECH TELECOMMUNICATIONS: BlackRock Holds 1.5% as of June 30
--------------------------------------------------------------
BlackRock, Inc. disclosed in a Schedule 13G/A Report filed with the
U.S. Securities and Exchange Commission that as of June 30, 2024,
it has ceased to be the beneficial owner of more than 5 percent of
Comtech Telecommunications Corp.'s common stock. BlackRock is
reported to beneficially own 423,884 shares as of June 30,
representing 1.5% of the shares outstanding.

A full-text copy of BlackRock's SEC Report is available at:

                  https://tinyurl.com/5985k2p2

                About Comtech Telecommunications

Headquartered in Huntington, New York, Comtech Telecommunications
Corp. designs, develops, and manufactures technology electronic
products and systems.

As of April 30, 2024, Comtech had $991 million in total assets,
$414.33 million in total liabilities, $170.25 million in
convertible preferred stock, and $406.42 million in total
stockholders' equity.

In its Quarterly Report for the three months ended April 30, 2024,
Comtech said that its current cash and liquidity projections raise
substantial doubt about its ability to continue as a going
concern.

Based on its current business plans, including projected capital
expenditures, the Company believes its current level of cash and
cash equivalents, excess availability under its revolver loan and
liquidity expected to be generated from future cash flows will be
sufficient to fund its operations over the next 12 months beyond
the issuance date. However, such a determination is dependent on
several factors including, but not limited to, general business
conditions and the Company's ability to reduce investments in
working capital (such as unbilled receivables).  If the Company is
unable to maintain its current level of cash and cash equivalents,
excess availability under its revolver loan or generate sufficient
liquidity from future cash flows, the Company's business, financial
condition and results of operations could be materially and
adversely affected.  Such conditions and events raise substantial
doubt about the Company's ability to continue as a going concern as
of the date of its Quarterly Report on Form 10-Q.


CONGREGATION GINZEI: Seeks Chapter 11 Bankruptcy Protection
-----------------------------------------------------------
On June 19, 2024, Congregation Ginzei Josef filed Chapter 11
protection in the Eastern District of New York. According to court
documents, the Debtor reports $1,555,336        in debt owed to 1
and 49 creditors. The petition states funds will not be available
to unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 22, 2022 at 12:45 p.m. in Room Telephonically.

            About Congregation Ginzei

Congregation Ginzei is a tax-exempt a religious organization in
Brooklyn, New York. It owns two properties in Brooklyn, NY valued
at $1.35 million in total.

Congregation Ginzei sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D.N.Y. Case No. 24-42574) on June 19,
2024. In the petition filed by Rabbi Yitzchok Rosenbaum, as
authorized representative of the Debtor, the Debtor reports total
assets of $1,350,500 and total liabilities of $1,555,336.          
  

Honorable Bankruptcy Judge Elizabeth S. Stong oversees the case.

The Debtor is represented by:

     Charles A Higgs, Esq.
     THE LAW OFFICE OF CHARLES A. HIGGS
     2 Depot Plaza First Floor, Office 4
     Bedford Hills NY 10507
     Tel: (917) 673-3768
     Email: Charles@FreshStartEsq.com


CONVERGEONE: Judge Rejects Lenders Request to Stop Chapter 11 Plan
------------------------------------------------------------------
Yun Park of Law360 reports that judge denies ConvergeOne lenders'
bid to halt Chapter 11 plan.

A Texas federal judge has rejected a request by a group of
ConvergeOne lenders to stay a bankruptcy court's order approving an
equity rights offering included in the information technology
company's Chapter 11 plan, ending the spurned lenders' challenge to
a deal they claimed ran afoul of bankruptcy rules.

             About ConvergeOne Holdings

ConvergeOne Holdings, Inc., operates as a holding company.  The
Company, through its subsidiaries, provides managed cloud, cyber
security, enterprises networking, data center, application and
software development, security infrastructure, and hosted
collaboration solutions.

ConvergeOne Holdings and its subsidiaries sought protection under
Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Lead Case
No. 24-90194) on April 4, 2024, with $1 billion to $10 billion in
assets and liabilities.

Judge Christopher M. Lopez presides over the cases.

White & Case LLP is the Debtors' legal counsel. Evercore Group LLC
is the Debtors' investment banker, and AlixPartners, LLP, is the
restructuring advisor. EPIQ Bankruptcy Solutions is the claims
agent.

Porter Hedges LLP and Gibson, Dunn & Crutcher LLP advise the first
lien lenders.





CORRELATE ENERGY: Names Chuck Markovic as Interim CFO
-----------------------------------------------------
Correlate Energy Corp. disclosed in a Form 8-K report filed with
the U.S. Securities and Exchange Commission that on July 8, 2024,
the company's board of directors approved the appointment of Chuck
Markovic, the company's corporate controller, to serve as the
company's interim Chief Financial Officer, following the
resignation of former CFO Mr. Themaat on July 1, 2024, effective
immediately.  

"Mr. Markovic has been appointed to serve as our Interim CFO
effective July 8, 2024," the Company said. "Prior thereto, Mr.
Markovic was our VP Corporate Controller since December 2023. Mr.
Markovic has held key leadership positions in large public and
private companies, including Chart Industries, Home Depot, Wendy's
and Cox Enterprises. Mr. Markovic has a strong accounting and
financial reporting background with extensive experience in M&A,
internal controls and compliance and technical accounting. Prior to
joining the Company, from August 2023 to December 2023, Mr.
Markovic was a consultant for McLarens where he was an accounting
and consolidations subject matter expert for the company's
worldwide implementation of SAP. Prior to that, from April 2023 to
July 2023, Mr. Markovic was the interim Controller for Stord Inc,
an emerging growth company in the supply chain solutions industry.
From 2018 to 2023, he held key leadership positions in finance and
accounting at HOA Brands, Krystal Restaurants and Chart Industries.
From September 2012 to 2018, Mr. Markovic was the Senior Director
of Financial Reporting and Accounting for Cox Automotive, a
division of Cox Enterprises. From September 2009 to September 2012,
he was the VP of Financial Reporting for The Wendy's Company and
Wendy's/Arby's Group. Prior to that, Mr. Markovic worked for The
Home Depot for five years in various finance and accounting
leadership positions, being promoted several times during his time
there. Mr. Markovic graduated from Illinois State University with a
B.S. in Accounting and is a Certified Public Accountant."

                      About Correlate Energy

Correlate Energy Corp. (OTCQB: CIPI), formerly Correlate
Infrastructure Partners Inc., through its main operating
subsidiary, Correlate Inc., offers a complete suite of proprietary
clean energy assessment and fulfilment solutions for the commercial
real estate industry.  The Company believes scaling distributed
clean energy solutions is critical in mitigating the effects of
climate change. The Company believes that it is at the forefront in
creating an industry-leading energy solution and financing platform
for the commercial and industrial sector.  The Company sees
tremendous market opportunity in reducing site-specific energy
consumption and deploying clean energy generation and energy
efficiency solutions at scale.

Correlate Energy reported net losses of $12,788,399 and $7,162,908
for the years ended December 31, 2023 and 2022, respectively. As of
March 31, 2024, the Company had $3.05 million in total assets,
$8.87 million in total liabilities, and a total stockholders'
deficit of $5.82 million.

Dallas, Texas-based Turner, Stone & Company LLP, the Company's
auditor since 2006, issued a "going concern" qualification in its
report dated April 1, 2024, citing that the Company has suffered
recurring losses from operations and has a net capital deficiency
that raise substantial doubt about its ability to continue as a
going concern.


COX LAND: L. Todd Budgen Named Subchapter V Trustee
---------------------------------------------------
The U.S. Trustee for Region 21 appointed L. Todd Budgen, Esq., a
practicing attorney in Longwood, Fla., as Subchapter V trustee for
Cox Land Management Family, LLC.

Mr. Budgen will be paid an hourly fee of $400 for his services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.

Mr. Budgen declared that he is a disinterested person according to
Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     L. Todd Budgen, Esq.
     P.O. Box 520546
     Longwood, FL 32752
     Tel: (407) 232-9118
     Email: Todd@C11Trustee.com

                 About Cox Land Management Family

Cox Land Management Family, LLC sought protection under Chapter 11
of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 24-01806) on
June 26, 2024, with $100,001 to $500,000 in both assets and
liabilities.

Judge Jacob A. Brown presides over the case.

Bryan K. Mickler, Esq., at Mickler & Mickler represents the Debtor
as legal counsel.


COX LAND: Seeks to Hire Bryan K. Mickler as Attorney
----------------------------------------------------
Cox Land Management Family, LLC seeks approval from the U.S.
Bankruptcy Court for the Middle District of Florida to employ Bryan
K. Mickler to serve as legal counsel in its Chapter 11 case.

The firm will be paid at the rates of $300 to $400 per hour.

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

Mr. Mickler disclosed in a court filing that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The firm can be reached at:

     Bryan K. Mickler
     5452 Arlington Expressway
     Jacksonville, FL 32211
     Tel: (904) 725-0822

              About Cox Land Management Family, LLC

Cox Land Management Family, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. M.D. Fla. Case No. 3:24-bk-01806-JAB) on June 26,
2024. The Debtor hires Bryan K. Mickler as legal counsel.


CPI HOLDCO: Moody's Rates New Secured First Lien Term Loan 'Ba2'
----------------------------------------------------------------
Moody's Ratings assigned a Ba2 rating to CPI Holdco B, LLC's
proposed senior secured first lien term loan B. Moody's also
assigned to CPI a Ba2 long-term issuer rating. CPI's outlook is
stable.

The rating action follow's CPI's proposed $1.35 billion first lien
term loan B issuance, the proceeds of which are planned to be used
to refinance the CPI's outstanding term loans.

RATINGS RATIONALE

The ratings reflect CPI's solid and growing franchise in the US as
a provider of retail investment advisory, retirement, and other
business services. It serves over 60,000 clients through a network
of almost 700 wealth managers and financial planners, with clients
in all 50 states. The company has about $136 billion in private
client assets under management and an additional $163 billion of
retirement plan assets as of December 31, 2023. Its successful
business model has produced strong organic growth, consistent
profits and solid margins. Although the firm has increased debt
over the past few years, its debt leverage has remained modest
relative to certain peers. CPI's Moody's adjusted Debt/EBITDA
leverage ratio was 3.2x for the fiscal year ended December 31,
2023, compared with 2.1x, 2.2x and 0.8x for the fiscal years ended
December 31, 2022, 2021 and 2020, respectively. Moody's expects the
company could further increase debt to fund future acquisitions,
but that its debt leverage would not be sustained above 3.0x for
more than 12-18 months. The proposed $1.35 billion first lien term
loan B will be used to refinance CPI's existing debt and will not
result in incremental debt leverage, said Moody's.

The ratings reflect CPI's relatively low level of diversification
and high reliance on its retail wealth management business.
Although the firm has added additional business lines, such as
institutional retirement services, and services to small and medium
sized businesses, these represent a small portion of revenue and
EBITDA. CPI's business operates in a highly competitive environment
that requires significant ongoing investments in both its service
offering and its technology and compliance infrastructure. Failure
to develop these areas, especially given the firm's rapid growth,
could eventually result in significant attrition of advisors and
clients, resulting in meaningful declines in the firm's scale,
profitability and cash flow, said Moody's. CPI's credit profile is
also constrained by its propensity to engage in debt-funded
acquisitions, which presents ongoing event risk to creditors. CPI's
credit profile is also constrained by its sensitivity to financial
markets and other macroeconomic variables outside its control. The
company's main revenue source is highly linked to broad financial
market levels, and the fees could decline should there be a
sustained market decline.

The stable outlook is based on Moody's expectation that CPI will
continue to grow its scale while maintaining profitability and
stable margins. The stable outlook also reflects Moody's
expectation that the firm will not materially increase debt
leverage beyond 3.0x on a sustained basis or without a coherent
deleveraging plan.

The Ba2 senior secured bank credit facility rating is in-line with
the long-term issuer rating because it is the only debt class.

The assigned ratings also incorporate CPI's environmental, social
and governance (ESG) considerations. Moody's assesses that CPI
faces moderate governance risks, reflected in a Governance Issuer
Profile Score (IPS) of G-3. The firm is controlled by its President
and CEO who owns a majority of the company. This ownership
structure results in key-person risk, and the dominance of control
and voting rights in the hands of a single individual is a credit
challenge.

CPI Holdco B, LLC is a holding company with principal operating
subsidiary, Creative Planning, LLC headquartered in Overland Park,
Kansas. The original organization was founded in 1983. The company
is majority owned by CEO Peter Mallouk, and minority owned by
General Atlantic.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

Sustainable improvement in the quality and diversity of
profitability and cash flows from the growth or development of
additional business activities other than retail wealth management
with similar or lower levels of risk could lead to an upgrade.
CPI's ratings could also be upgraded if it continues to improve its
scale and competitive position, resulting in a sustained increase
in pretax earnings above $500 million and pretax margins above 25%,
with low levels of margin volatility. Continued demonstration of
prudent financial policies and strategic approach to inorganic
growth, resulting in maintaining Moody's-adjusted debt leverage
below 2.0x could also lead to an upgrade

CPI's rating could be downgraded if there were a shift in its
financial policy that significantly increases debt to fund partner
distributions or to help fund a substantial acquisition, driving
Moody's-adjusted proforma debt leverage above 3.0x or a retained
cash flow to debt ratio below 15% on a sustained basis, especially
if not accompanied by a coherent near-term deleveraging strategy. A
meaningful decline in profitability and scale, whether through a
loss of customers or advisors or inability to navigate adverse
operating environments could lead to a downgrade. A significant
failure in regulatory compliance or technology infrastructure could
also lead to a downgrade

The principal methodology used in these ratings was Securities
Industry Service Providers published in February 2024.


CREDIVALORES: New York Court Approves Bond Swap
-----------------------------------------------
Nicolle Yapur of Bloomberg Law reports that Credivalores, a
Colombian non-bank financial institution, got approval from a New
York court to exchange bonds maturing in 2025 for new bonds
expiring in 2029, the company said in a press release.

The transaction had the support of bondholders and followed a
six-month Chapter 11 process, the company said Savings for the
company will reach the equivalent of $55 million, or 25% of the
bond's face value.

Credivalores offered investors a $160 million loan portfolio as
collateral for the transaction.

The company's other financial obligations will not be affected by
Chapter 11 proceedings.

             About Credivalores-Crediservicios SAS

Credivalores-Crediservicios SAS operates as a financial services
company. The Company provides credit cards, micro lending, and
corporate loans. Credivalores-Crediservicios serves customers in
Colombia.

Credivalores-Crediservicios SAS sought relief under Chapter 11 of
the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 24-10837) on May
16, 2024.  In its petition, the Debtor estimated assets and
liabilities up to $500 million.

Baker Mckenzie LLP is the Debtor's counsel.




CRYPTO CO: Board Member Holly Ruxin Holds 6.07% Stake
-----------------------------------------------------
Holly Ruxin, a member of the Board of Directors of Crypto Co.,
disclosed in a Schedule 13D Report filed with the U.S. Securities
and Exchange Commission that as of June 28, 2024, she beneficially
owned 120,224,210 shares of common stock, representing 6.07% of the
1,981,881,172 shares of Crypto Co.'s common stock outstanding on
June 28, 2024.

The 120,224,210 shares of Common Stock beneficially owned by the
Reporting Person consist of 119,874,210 shares of Common Stock
directly owned by Ms. Ruxin, and 350,000 vested options held by Ms.
Ruxin.

A full-text copy of Ms. Ruxin's SEC Report is available at:

                  https://tinyurl.com/mwvd4zhb

                     About Crypto Company

Malibu, Calif.-based The Crypto Company --
https://www.thecryptocompany.com -- is engaged in the business of
providing consulting services and education for blockchain
technology and for the building of technological infrastructure and
enterprise blockchain technology solutions.  During 2023 the
Company generated revenues and incurred expenses solely through
these consulting operations.  In February 2022 the Company acquired
bitcoin mining equipment and entered into an arrangement with a
third party to host and operate the equipment.  However, by the end
of 2022 the Company had exited that Bitcoin mining business.

Crypto Company reported a net loss of $4.92 million for the year
ended Dec. 31, 2023, compared to a net loss of $5.66 million for
the year ended Dec. 31, 2022. As of March 31, 2024, the Company had
$1.30 million in total assets, $5.52 million in total liabilities,
and a total stockholders' deficit of $4.22 million.

Lakewood, Colorado-based BF Borgers CPA PC, the Company's auditor
since 2019, issued a "going concern" qualification in its report
dated April 16, 2024, citing that the Company has suffered
recurring losses from operations that raises substantial doubt
about its ability to continue as a going concern.

On May 8, 2024, the Audit Committee of the Board of Directors of
the Company approved the dismissal of BF Borgers CPA PC as the
Company's independent registered public accounting firm after the
firm and its owner, Benjamin F. Borgers, were charged by the
Securities and Exchange Commission with deliberate and systemic
failures to comply with Public Company Accounting Oversight Board
(PCAOB) standards in its audits and reviews incorporated in more
than 1,500 SEC filings from January 2021 through June 2023; falsely
representing to their clients that the firm's work would comply
with PCAOB standards; fabricating audit documentation to make it
appear that the firm's work did comply with PCAOB standards; and
falsely stating in audit reports included in more than 500 public
company SEC filings that the firm's audits complied with PCAOB
standards.  Borgers agreed to pay a $14 million civil penalty and
agreed to permanent suspensions from appearing and practicing
before the Commission as accountants, effective immediately.

On May 8, 2024, the Company engaged Bush & Associates CPA LLC as BF
Borgers' replacement. The decision to change independent registered
public accounting firms was made with the recommendation and
approval of the Audit Committee of the Company.


CTD ENTERPRISES: Taps Bernstein Shur Sawyer & Nelson as Counsel
---------------------------------------------------------------
CTD Enterprises, Inc., doing business as Wallace Interiors, seeks
approval from the U.S. Bankruptcy Court for the District of Maine
to employ Bernstein, Shur, Sawyer & Nelson, PA as bankruptcy
counsel.

The firm's services includes:

     (a) advise the Debtor with regards to the requirements of the
Bankruptcy Court, Bankruptcy Code, Bankruptcy Rules, Local Rules,
and the Office of the United States Trustee;

     (b) advise the Debtor with regards to certain rights and
remedies of the bankruptcy estate and rights, claims, and interests
of creditors and bring such claims as the Debtor, in its business
judgment, decides to pursue;

     (c) represent the Debtor in any proceeding or hearing in the
Bankruptcy Court involving the estate;

     (d) conduct examinations of witnesses, claimants, or adverse
parties, and represent the Debtor in any adversary proceeding;

     (e) review and analyze various claims of the Debtor's
creditors and treatment of such claims and prepare, file, or
prosecute any objections thereto or initiate appropriate
proceedings regarding leases or contracts to be rejected or
assumed;

     (f) prepare and assist the Debtor with the preparation of
reports, applications, pleadings, motions, and orders;

     (g) assist the Debtor in the analysis, formulation,
negotiation, and preparation of all necessary documentation
relating to the sale of its assets, as appropriate;

     (h) assist the Debtor in the negotiation, formulation,
preparation, and confirmation of a plan; and

     (i) perform any other services that may be appropriate in the
firm's representation of the Debtor as general bankruptcy counsel
in the case.

The hourly rates of the firm's counsel and staff are as follows:

     Adam R. Prescott, Attorney           $495
     Letson Douglass Boots, Attorney      $350
     Jennifer Novo, Attorney              $295
     Karla Quirk, Paraprofessional        $230

In addition, the firm will seek reimbursement for expenses
incurred.       

Mr. Prescott disclosed in a court filing that the firm is a
"disinterested person" within the meaning of Section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Adam R. Prescott, Esq.
     Bernstein, Shur, Sawyer & Nelson, P.A.
     100 Middle Street
     P.O. Box 9729
     Portland, ME 04104
     Telephone: (207) 228-7145     
     Facsimile: (207) 774-1127
   
                   About CTD Enterprises

CTD Enterprises, Inc. doing business as Wallace Interiors, is a
design company located in Trenton, Maine. The Company specializes
in transforming spaces into works of art, serving residential and
commercial clients.

CTD Enterprises filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. D. Me. Case No. 24-10125)
on June 21, 2024. In the petition signed by Charles Daly, vice
president, the Debtor disclosed $1,169,643 in total assets and
$1,559,100 in total liabilities as of December 31, 2023.

Adam R. Prescott, Esq., at Bernstein, Shur, Sawyer & Nelson, P.A.
serves as the Debtor's counsel.


DAB CONSTRUCTORS INC: Seeks $3.96 Mil. Employee Retention Credits
-----------------------------------------------------------------
Tristan Navera of Bloomberg Law reports that bankrupt construction
firmsSues for $4 million employment credit.

DAB Constructors Inc., through its bankruptcy trustee, is seeking
$3.96 million in Covid-19-era employee retention credits that it
said remain "unchallenged and unpaid" by the IRS.

The program grants tax credits to companies which continued to
employ workers despite economic hardship in the wake of the
Covid-19 pandemic, and was initially passed as a part of the
Coronavirus Aid, Relief, and Economic Security Act and extended
into 2021. One part of the program, contained in IRC Section 3134,
allowed companies to qualify for the tax break by showing a gross
drop in receipts quarter-by-quarter compared to prepandemic data.

            About DAB Constructors Inc.

DAB Constructors Inc. provides construction services. The Company
offers highway and street construction and asphalt services. D.A.B.
Constructors serves customers in the State of Florida. [BN]

DAB Constructors Inc. sought relief under Chapter 7 of the U.S.
Bankruptcy Code (Bankr. M.D. Fla. Case No. 21-04053) on September
3, 2021.


DESAROLLOS GJOM: Taps Luis R. Carrasquillo as Financial Consultant
------------------------------------------------------------------
Desarollos Gjom Inc, seeks approval from the U.S. Bankruptcy Court
for the District of Puerto Rico to employ CPA Luis R. Carrasquillo
& Co., P.S.C. as financial consultant.

The firm will render these services:

     (a) provide advice in strategic planning and the preparation
of the Debtor's plan of reorganization and business plan;

     (b) participate in negotiations with the Debtor's creditors;
and

     (c) assist the Debtor's counsel in investigating its pre- and
post-petition financial transactions and disbursements and
undertake the corresponding actions.

The firm will be paid at these rates:

     Luis R. Carrasquillo        $200 per hour
     Marcelo Gutierrez           $160 per hour
     Ramon Villafane             $160 per hour
     Zoraida Delgado Diaz        $110 per hour
     Arnaldo Morales             $100 per hour
     Maria Vera                   $75 per hour
     David Sanchez Diaz           $85 per hour
     Jean Aponte                  $65 per hour
     Enid Olmeda                  $75 per hour
     Luis R. Guzman               $40 per hour
     Rosalie Hernandez Burgos     $40 per hour
     Kelsie M. Lopez, Esq.        $50 per hour

The firm received a retainer in the amount of $15,000.

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

Luis R. Carrasquillo Ruiz, CPA, CIRA, CVA, a partner at CPA Luis R.
Carrasquillo & Co., P.S.C., disclosed in a court filing that the
firm is a "disinterested person" as the term is defined in Section
101(14) of the Bankruptcy Code.

The firm can be reached at:

     Luis R. Carrasquillo Ruiz, CPA, CIRA, CVA
     CPA Luis R. Carrasquillo & Co., P.S.C.
     28th Street, TI – 26
     Turabo Gardens, Caguas PR 00725
     Tel: (787) 746-4555
     Fax: (787) 746-4564
     Email: luis@cpacarrasquillo.com

              About Desarrollos Gjom Inc.

The Debtor is a merchant wholesaler of motor vehicle and motor
vehicle parts and supplies.

Desarrollos Gjom, Inc. in Mayaguez, PR, filed its voluntary
petition for Chapter 11 protection (Bankr. D.P.R. Case No.
24-02687) on June 27, 2024, listing $1,680,587 in assets and
$708,897 in liabilities. Gustavo E. Guilbe Ortiz, president, signed
the petition.

Charles A Cuprill Law Offices PSC serve as the Debtor's legal
counsel.


DESARROLLOS GJOM: Hires Charles A. Cuprill P.S.C. as Counsel
------------------------------------------------------------
Desarrollos Gjom Inc. seeks approval from the U.S. Bankruptcy Court
for the District of Puerto Rico to employ Charles A. Cuprill,
P.S.C., Law Offices as counsel to handle its Chapter 11 bankruptcy
case.

The firm will be paid at these rates:

     Charles A. Cuprill-Hernandez, Esq.   $350 per hour
     Paralegal                            $85 per hour

The firm received a retainer in the amount of $25,000.

As disclosed in court filings, Charles A. Cuprill, P.S.C. is a
"disinterested person" within the meaning of Section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Charles A. Cuprill, Esq.
     Charles A. Cuprill, P.S.C., Law Offices
     356 Fortaleza Street 2nd Floor
     San Juan, PR 00901
     Tel: (787) 977-0515
     Email: ccuprill@cuprill.com

              About Desarrollos Gjom Inc.

The Debtor is a merchant wholesaler of motor vehicle and motor
vehicle parts and supplies.

Desarrollos Gjom, Inc. in Mayaguez, PR, filed its voluntary
petition for Chapter 11 protection (Bankr. D.P.R. Case No.
24-02687) on June 27, 2024, listing $1,680,587 in assets and
$708,897 in liabilities. Gustavo E. Guilbe Ortiz, president, signed
the petition.

Charles A Cuprill Law Offices PSC serve as the Debtor's legal
counsel.


DESARROLLOS GJOM: Sec. 341(a) Meeting of Creditors on July 29
-------------------------------------------------------------
Desarrollos Gjom Inc. filed Chapter 11 protection in the District
of Puerto Rico.  The Debtor reported $708,897 in total debt owed to
1 and 49 creditors.  The petition states that funds will be
available to unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 29, 2024 at 10:00 AM via Telephonic Conference.

                    About Desarrollos Gjom Inc.

Desarrollos Gjom Inc. is a merchant wholesaler of motor vehicle and
motor vehicle parts and supplies.

Desarrollos Gjom sought relief under Chapter 11 of the Bankruptcy
Code (Bankr. D.P.R. Case No. 24-02687) on June 27, 2024.  In the
petition signed by Gustavo E. Guilbe Ortiz, as president, the
Debtor reports total assets of $1,680,587 against total liabilities
of $708,897.

The Debtor tapped CHARLES A CUPRILL LAW OFFICES PSC as counsel; and
CPA LUIS R. CARRASQUILLO & CO., P.S.C., as financial consultant.


DIOCESE OF NORWICH: Unsecureds Will Get 20% of Claims in 5 Years
----------------------------------------------------------------
The Official Committee of Unsecured Creditors of the Norwich Roman
Catholic Diocesan Corp. submitted a First Amended Disclosure
Statement for First Amended Chapter 11 Plan of Reorganization dated
June 27, 2024.

The Roman Catholic Church is comprised of territories, known as
dioceses, each of which is subject to the authority and control of
a bishop.

Through the Plan, the Committee seeks to establish a platform for
the Debtor to reorganize and continue its Catholic mission and
support its ministries, and to contribute a fair and equitable
amount of its assets to pay a meaningful amount to its creditors
including by funding Distributions to Abuse Claimants through the
Trust and the Unknown Abuse Claims Trust.

The rights of the Holders of secured Claims and general unsecured
Claims against the Diocese are treated under the Plan in a manner
authorized by and consistent with the Bankruptcy Code. The
expeditious reorganization of the Diocese would also significantly
reduce the further diminishment of the Diocese's resources to pay
for fees and expenses incurred by Professionals employed in this
case, and other bankruptcy related costs.

The Committee further expects the Plan to be funded by the $7
million settlement payment made by Oceania conditioned upon the
appropriate Abuse Claimants entering into the Oceania Settlement
Agreement (including their release of Oceania), and the Bankruptcy
Court approving such Settlement Agreement by its Approval Order.

The Non-Settling Insurers and other potentially responsible Persons
(referred to in the Plan as Co-Defendants) also have the ability
through the Plan to resolve with the Trustee Abuse Claims and
Insurance Claims. The Abuse Claimant's ability to pursue the
Non-Settling Insurers, recoveries upon the Non-Settling Insurer
Policies, and other Co-Defendants is preserved by the Plan, but
such Non-Settling Insurers and other Co-Defendants would still,
even after the Effective Date, have the ability to reach a
Settlement Agreement with the Trustee, among others, and thereby,
upon consummation of such settlement, receive, if so negotiated, a
release directly from consenting Abuse Claimants and the benefits
of a Settled Party provided for in the Plan.

The funds and assets received by the Trust and the Unknown Abuse
Claims Trust will be used for Distributions to Abuse Claimants, and
in the case of the Trust will also be used for payment of expenses
of the Trust, under the terms of the Trust Documents and Unknown
Abuse Claims Trust Documents. Notwithstanding the uncertainty
concerning the precise total amount available to the Trust and the
allocation to be determined by the Abuse Claims Reviewer, among
other considerations, the Committee believes that those recoveries
will be significantly greater than amounts to be distributed to
Abuse Claimants under any other realistic alternative plan of
reorganization or from liquidation.

After the Effective Date, the Trust will also be funded through
settlements reached, if any, between the Trustee and any Non
Settling Insurers or Co-Defendants. These Settlement Agreements
will be subject to Bankruptcy Court approval. In the event of such
settlements, any post-Effective Date settled party shall then be
entitled to the benefits of a Settled Party. Nothing in the Plan is
intended to affect, diminish or impair a Class 4 Claimant's rights
against a CoDefendant, including that Co-Defendant's joint and
several liability for Abuse, unless and until such Co Defendant
becomes a Settled Party pursuant to the terms of the Plan and
receives a release directly from such Class 4 Claimant.

The Plan is further intended to preserve and protect a Class 4
Claimant's claims and interests in any Non-Settling Insurer
Policies and against any Non-Settling Insurer; again, unless and
until such Non-Settling Insurer becomes a Settled Party.

Given the need to liquidate real estate and to litigate certain
Claims, Causes of Action and Insurance Coverage, and for certain
Abuse Claimants to litigate their Abuse Claims against the Diocese
for the purpose of recovering from available insurance proceeds,
among other significant factors, it is difficult to predict the
actual total value that will be realized by the Trust for the
benefit of all Abuse Claimants in Class 4. Notwithstanding, based
on the Committee's extensive investigation and analysis, the
Committee is hopeful and reasonably estimates that the Trust will
realize not less than $30 million to be distributed to Abuse
Claimants classified in Class 4.

Claims against the Debtor that are not Abuse Claims are identified
and described in full in Section VI of this Disclosure Statement.
They will be treated as follows under the Plan:

     * Other Priority Claims in Class 1 are unimpaired under the
Plan and shall receive 100% recovery.

     * The Citizens Secured Guaranty Claim in Class 2 is impaired
and shall retain its Claims against the Reorganized Debtor and the
Liens securing such Claims under the Plan.

     * The M&T Secured Revolving Loan Claim and M&T Secured
Guaranty Claim in Class 3 is impaired and shall retain its Claims
against the Reorganized Debtor and the Liens securing such Claims
under the Plan.

     * General Unsecured Claims in Class 6 are impaired under the
Plan and shall receive a 20% recovery on their Allowed Claims
payable by the Diocese in 5 equal annual installments.

     * Abuse Related Contribution Claims in Class 7 are impaired
under the Plan and shall receive no recovery.

Class 6 consists of General Unsecured Claims. Each Class 6 Claimant
shall receive payment in Cash in an amount equal to 20% of such
Allowed General Unsecured Claim payable in 5 equal annual
installments (each equal to 4% of such Allowed General Unsecure
Claim), commencing on last to occur of (i) the Effective Date, (ii)
the date on which such General Unsecured Claim becomes an Allowed
General Unsecured Claim, and (iii) the date on which the Class 6
Claimant and the Diocese or Reorganized Debtor, as applicable,
shall otherwise agree in writing; and payable thereafter on each
yearly anniversary of the Effective Date with the last annual
installment due on the 4th anniversary of the Effective Date.

On the Effective Date, the Trust shall be established under the
Trust Documents and the Unknown Abuse Claims Trust shall be
established under the Unknown Abuse Claims Trust Documents. The
Trust Documents and Unknown Abuse Claims Trust Documents, including
the Trust Agreement and Unknown Abuse Claims Trust Agreement, are
incorporated herein by reference. Within 7 calendar days of the
entry of the Confirmation Order, the Trustee and the Diocese shall
sign the Trust Agreement, and the Unknown Abuse Claims Trustee and
Diocese shall sign the Unknown Abuse Claims Trust Agreement.

A full-text copy of the First Amended Disclosure Statement dated
June 27, 2024 is available at https://urlcurt.com/u?l=8Gvkhq from
PacerMonitor.com at no charge.

Attorneys for the Official Committee of Unsecured Creditors:

     Stephen M. Kindseth, Esq.
     Eric A. Henzy, Esq.
     Daniel A. Byrd, Esq.
     Zeisler & Zeisler, PC
     10 Middle Street, 15th Floor
     Bridgeport, CT 06604
     Telephone: (203) 368-4234
     Email: skindseth@zeislaw.com

               About The Norwich Roman Catholic
                     Diocesan Corporation

The Norwich Roman Catholic Diocesan Corporation is a nonprofit
corporation that gives endowments to parishes, schools, and other
organizations in the Diocese of Norwich, a Latin Church
ecclesiastical territory or diocese of the Catholic Church in
Connecticut and a small part of New York.

The Norwich Roman Catholic Diocesan Corporation sought Chapter 11
protection (Bankr. D. Conn. Case No. 21-20687) on July 15, 2021.
The Debtor estimated $10 million to $50 million in assets against
liabilities of more than $50 million. Judge James J. Tancredi
oversees the case.

The Debtor tapped Ice Miller, LLP, Robinson & Cole, LLP and Gellert
Scali Busenkell & Brown, LLC as bankruptcy counsel, Connecticut
counsel and special counsel, respectively. Epiq Corporate
Restructuring, LLC is the claims and noticing agent.

On July 29, 2021, the U.S. Trustee for Region 2 appointed an
official committee of unsecured creditors in the Chapter 11 case.
The committee tapped Zeisler & Zeisler, PC as its legal counsel.


DIOCESE OF ROCHESTER: Purdue Ruling Could Affect Settlements
------------------------------------------------------------
Hannah Hiester of Catholic Vote reports that a recent U.S. Supreme
Court ruling in a pharma case could have major effects on a New
York diocese's negotiations for bankruptcy and clergy sex abuse
settlements.

The Rochester Beacon reported that the Diocese of Rochester filed
for bankruptcy nearly five years ago in response to New York's
Child Victims Act, which removed the statute of limitations on
childhood sexual abuse cases for two years.

The Act resulted in roughly 485 claims in the Diocese's bankruptcy
filed by people who maintain they were sexually abused by clergy or
other Church officials when they were children.

Since filing for bankruptcy, the Diocese has been involved in years
of negotiations and discussions to settle the child sex abuse
claims, but a June 27 U.S. Supreme Court case that blocked
OxyContin maker Purdue Pharma's bankruptcy plan could affect how
the Diocese proceeds with its own bankruptcy reorganization plans
to settle the claims.

According to the Rochester Beacon, the Supreme Court case dealt
with members of the Sackler family, who founded, owned, and ran
Purdue Pharma—and also pushed OxyContin on doctors to the extent
that some say the company created a nationwide opiate crisis. When
several states sued the company, it went bankrupt.

"Under a deal worked out in the bankruptcy, the Sacklers agreed to
contribute $6 billion to a fund set up to help states deal with
their opiate problems. In exchange, the bankruptcy court gave the
Sacklers immunity from further lawsuits," the Rochester Beacon
reported.

After the U.S. Trustee sued and argued that the bankruptcy court
could not grant immunity, the case went through two more courts and
finally arrived at the Supreme Court. The majority ruled that the
bankruptcy court could not indemnify third parties like the
Sacklers.

According to the Rochester Beacon, the Diocese’s two bankruptcy
reorganization plans also include immunity for third parties in
exchange for financial contributions.

Two reorganization plans for settlement have emerged this year,
giving childhood sex abuse survivors the options to pick one, both,
or reject both.

The first plan was proposed by the Diocese and a committee
representing the 485 claims. The second was proposed by one of the
Diocese's insurers, the Continental Insurance Co. (CNA Insurance).
Both plans give individual parishes and parochial schools immunity,
though they legally aren't part of the Diocese bankruptcy.

Childhood sex abuse survivors will have the option to pick one
plan, both, or reject both of them. The plan with the majority of
approvals will go to bankruptcy judge Paul Warren, who has
reportedly suggested that the Supreme Court ruling will affect the
Diocese’s bankruptcy case.

For example, some lawsuits have already been filed against
individual parishes by childhood sex abuse survivors. Under the two
reorganization plans, if the same survivors also accept a
bankruptcy settlement from the Diocese, the parishes would be
protected from their lawsuits, which seems to go against the
Supreme Court ruling.

Warren has the option to either approve or reject the final plan,
which he could do at a confirmation hearing scheduled for early
September.

The Rochester Beacon reported that attorney Leander James, who
represents 76 claimants, said it's more likely that Warren will
keep the final reorganization plan, as too much time and effort has
already gone into the negotiations.

Prior to the Supreme Court's ruling, the Diocese's reorganization
plans had already faced more setbacks when CNA Insurance sued the
Diocese last year for breach of contract.

CNA worked with the Diocese to come up with a settlement of $65
million, but an attorney representing the survivors committee said
that both parties failed to consult with the survivors prior to
agreeing to the deal. The attorney also said that the settlement
was inadequate.

When the Diocese pulled out of the deal, CNA sued in bankruptcy
court and claimed the Diocese owes it millions of dollars to
compensate for the work that went into putting together the
original settlement. CNA's complaint will be heard by Warren on
July 29, 2024.

                 About The Diocese of Rochester

The Diocese of Rochester in upstate New York provides support to 86
Roman catholic parishes across 12 counties in upstate New York. It
also operates a middle school, Siena Catholic Academy. The diocese
has 86 full-time employees and six part-time employees and provides
medical and dental benefits to an additional 68 retired priests and
two former priests.

The diocese generated $21.88 million of gross revenue for the
fiscal year ending June 30, 2019, compared with a gross revenue of
$24.25 million in fiscal year 2018.

The Diocese of Rochester filed for Chapter 11 bankruptcy protection
(Bankr. W.D.N.Y. Case No. 19-20905) on Sept. 12, 2019, amid a wave
of lawsuits over alleged sexual abuse of children. In the petition,
the diocese was estimated to have $50 million to $100 million in
assets and at least $100 million in liabilities.

Bond, Schoenec & King, PLLC and Bonadio & Co. serve as the
diocese's legal counsel and accountant, respectively.  Stretto is
the claims and noticing agent.

The U.S. Trustee for Region 2 appointed an official committee of
unsecured creditors in the diocese's Chapter 11 case. Pachulski
Stang Ziehl & Jones, LLP and Berkeley Research Group, LLC serve as
the committee's legal counsel and financial advisor, respectively.




DIOCESE OF SYRACUSE: Robert F. Julian Advises Sexual Abuse Claimant
-------------------------------------------------------------------
The law firm of Robert F. Julian, P.C., filed a verified statement
pursuant to Rule 2019 of the Federal Rules of Bankruptcy Procedure
to disclose that in the Chapter 11 case of the Roman Catholic
Diocese of Syracuse, New York, the firm represents Sexual Abuse
Claimants.

Robert F. Julian, P.C. individually represents each Sexual Abuse
Claimant. The names and addresses of the confidential Claimants are
available to permitted parties who have executed a confidentiality
agreement and have access to the Sexual Abuse Claim Forms.

Pursuant to individual fee agreements, Robert F. Julian, P.C. was
individually retained by each Claimant to pursue claims for damages
against The Roman Catholic Diocese of Syracuse, New York as a
result of sexual abuse. This includes representing and acting on
behalf of each Claimant in the bankruptcy case.

Robert F. Julian, P.C.'s interest relative to each Claimant is
outlined in each retainer agreement executed by the Claimant and is
set forth in the exemplar retainer agreements. Each Claimant
maintains an individual economic interest against the Debtor, The
Roman Catholic Diocese of Syracuse, New York, that has been
disclosed in the Confidential Sexual Abuse Claim Supplement or will
be disclosed in the future.

Robert F. Julian, P.C. has offices at 2037 Genesee Street, Utica,
New York 13501 and 5760 Commons Park, Suite 300, East Syracuse, New
York 13057. Attorney Robert F. Julian, among others at Robert F.
Julian, P.C. are duly licensed to practice before Courts of the
State of New York and the United States District Court for the
Northern District of New York.

Attorneys for Certain Abuse Survivor Claimants:

     ROBERT F. JULIAN, P.C.
     Robert F. Julian, Esq.
     2037 Genesee Street
     Utica, NY 13501
     Phone: 315-797-5610

       About The Roman Catholic Diocese of Syracuse

The Roman Catholic Diocese of Syracuse, New York
--http://www.syracusediocese.org/-- through its administrative
offices (a) provides operational support to the Catholic parishes,
schools and certain other Catholic entities that operate within the
territory of the Diocese in support of their shared charitable,
humanitarian and religious missions; (b) conducts school operations
by managing tuition and scholarship payments, employee payroll, and
other school-related operating expenses for separately incorporated
Diocesan schools, as well as providing parish schools with
financial, operational and educational support; and (c) provides
comprehensive risk management services to the OCEs through the
Diocese's insurance program.

The Roman Catholic Diocese of Syracuse, New York filed its
voluntary petition for relief under Chapter 11 of the Bankruptcy
Code (Bank. N.D.N.Y. Case No. 20-30663) on June 19, 2020.  Stephen
A. Breen, chief financial officer, signed the petition. At the time
of filing, the Debtor estimated $10 million to $50 million in
assets and $50 million to $100 million in liabilities.

Judge Margaret M. Cangilos-Ruiz oversees the case.

Bond, Schoeneck and King, PLLC, serves as the Debtor's bankruptcy
counsel.  The Debtor also tapped Mullen Coughlin LLC as special
counsel, Arete Advisors LLC as cybersecurity consultant, and
Moxfive LLC as technical advisor. Stretto is the claims agent and
administrative advisor.

The U.S. Trustee for Region 2 appointed a committee to represent
unsecured creditors in the Debtor's bankruptcy case.  The committee
tapped Stinson, LLP, Saunders Kahler, LLP and Berkeley Research
Group, LLC, as its bankruptcy counsel, local counsel and financial
advisor, respectively.


DR. ERNIE F SOTO P.A.: Commences Subchapter V Bankruptcy Process
----------------------------------------------------------------
Dr. Ernie F Soto P.A. filed Chapter 11 protection in the Southern
District of Florida. According to court filing, the Debtor reports
between $1 million and $10 million in debt owed to 1 and 49
creditors. The petition states funds will be available to unsecured
creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 18, 2024 at 9:00 a.m. in room telephonically.

                  About Dr. Ernie F Soto P.A.

Dr. Ernie F Soto P.A. is a family & cosmetic dentist in Plantation,
FL. The Dental Office provides regular checkups, prompt treatment
of dental conditions, and individualized preventative dental plans.
It also offers traditional braces and Invisalign braces for
children and adults.

Dr. Ernie F Soto P.A. sought relief under Subchapter V of Chapter
11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 24-15979)
on June 17, 2024. In the petition filed by Dr. Ernie F. Soto,
D.D.S., as president and director, the Debtor reports estimated
assets between $500,000 and $1 million and estimated liabilities
between $1 million and $10 million.

The Honorable Bankruptcy Judge Scott M. Grossman oversees the
case.

The Debtor is represented by:

     Kathleen L. DiSanto, Esq.
     BUSS ROSS, P.A.
     PO Box 3913
     Tampa, FL 33601-3913
     Tel: 813-224-9255
     Email: kdisanto@bushross.com



DULIN FAMILY: U.S. Trustee Unable to Appoint Committee
------------------------------------------------------
The U.S. Trustee for Region 20 disclosed in a court filing that no
official committee of unsecured creditors has been appointed in the
Chapter 11 case of Dulin Family Dentistry, P.A.

                   About Dulin Family Dentistry

Dulin Family Dentistry, P.A. sought protection under Chapter 11 of
the U.S. Bankruptcy Code (Bankr. D. Kan. Case No. 24-40362) on June
3, 2024, with up to $500,000 in assets and up to $1 million in
liabilities. Kevin J. Dulin, owner, signed the petition.

Judge Dale L. Somers oversees the case.

Colin Gotham, Esq., at Evans & Mullinix, P.A., represents the
Debtor as legal counsel.


DURHAM HOMES: Aleida Martinez Molina Named Subchapter V Trustee
---------------------------------------------------------------
The U.S. Trustee for Region 21 appointed Aleida Martinez Molina,
Esq., as Subchapter V trustee for Durham Homes USA, LLC.

Ms. Molina will be paid an hourly fee of $450 for her services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.

Ms. Molina declared that she is a disinterested person according to
Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Aleida Martinez Molina, Esq.
     2121 NW 2nd Avenue, Suite 201
     Miami, FL 33127
     Telephone: (305) 297-1878
     Email: Martinez@subv-trustee.com

                      About Durham Homes USA

Durham Homes USA, LLC operates in the residential building
construction industry.

Durham Homes USA filed its voluntary petition for Chapter 11
protection (Bankr. S.D. Fla. Case No. 24-16133) on June 20, 2024.
In the petition signed by Johnny Martin Childress, manager, the
Debtor disclosed up to $50 million in both assets and liabilities.

Judge Mindy A. Mora oversees the case.

Aaron A. Wernick, Esq., at Wernick Law, PLLC serves as the Debtor's
legal counsel.


DURHAM HOMES: Seeks to Hire GGG Partners as Financial Advisor
-------------------------------------------------------------
Durham Homes USA LLC seeks approval from the U.S. Bankruptcy Court
for the Southern District of Florida to employ GGG Partners, LLC as
financial advisor.

The firm's services include:

     (a) advise the Debtor with respect to finances and guide it in
making sound financial decisions for its operations in order to
ensure that it reaps the benefits of reorganization and will be
able to continue its operations and comply with the rules of the
court;

     (b) prepare financial documents for the Debtor's edification
and use in making sound financial decisions, and other documents as
necessary for the success of its Chapter 11 case; and

    (c) provide financial advice to the Debtor in negotiation with
its creditors and in the preparation of a confirmable plan.

The firm will be paid at these hourly rates:

     Katie Goodman, Managing Partner         $425
     Other Partners                   $350 - $400

In addition, the firm will seek reimbursement for expenses
incurred.

The Debtor will also pay the firm a retainer of $25,000.

Ms. Goodman disclosed in a court filing that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The firm can be reached through:

     Katie S. Goodman
     GGG Partners, LLC
     2870 Peachtree Rd., Ste. 502
     Atlanta, GA 30305
     Telephone: (404) 293-0137
     Email: kgoodman@gggpartners.com

                      About Durham Homes USA

Durham Homes USA, LLC, a part of the residential building
construction industry, filed its voluntary petition for Chapter 11
protection (Bankr. S.D. Fla. Case No. 24-16133) on June 20, 2024.
In the petition signed by Johnny Martin Childress, manager, the
Debtor disclosed up to $50 million in both assets and liabilities.

Judge Mindy A. Mora oversees the case.

The Debtor tapped Aaron A. Wernick, Esq., at Wernick Law, PLLC as
legal counsel and Katie S. Goodman at GGG Partners, LLC as
financial advisor.


EARTHSNAP INC: Kicks Off Subchapter V Bankruptcy Protection
-----------------------------------------------------------
On June 17, 2024, EarthSnap Inc. filed Chapter 11 protection in the
Eastern District of Texas. According to court documents, the Debtor
reports between $500,000 and $1 million in debt owed to 1 and 49
creditors. The petition states funds will be available to unsecured
creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 24, 2024 at 9:00 a.m. in Room Telephonically.

             About EarthSnap Inc.

EarthSnap Inc. is an Android developer.

EarthSnap Inc. sought relief under Subchapter V of Chapter 11 of
the U.S. Bankruptcy Code (Bankr. E.D. Tex. Case No. 24-60363) on
June 17, 2024. In the petition signed by Eric Ralls, as CEO, the
Debtor reports estimated assets between $1 million and $10 million
and estimated liabilities between $500,000 and $1 million.

The Debtor is represented by:

     Kevin S. Wiley, Sr., Esq.
     WILEY LAW GROUP, PLLC
     325 N. St. Paul Street, Suite 2250
     Dallas, TX 75201
     Tel: 214-537-9572
     Email: kwiley@wileylawgroup.com


EAST COAST: Announces Closure of Roscoe's House of Chicken in Ch.11
-------------------------------------------------------------------
Amanda Castro of The U.S. Sun reports that Iconic Southern
California eatery renowned for its soul food and celebrity patrons
Roscoe's House of Chicken & Waffles has announced the impending
closure of one of its locations.

After serving the community for 30 years, the chain closed the
doors of its Pasadena location for the last time on Sunday as
confirmed by a notice displayed in its windows.

"Pasadena, thank you for 30 wonderful years!" A heartfelt message
to patrons of the Roscoe's restaurant at 830 N. Lake Ave. read,
according to Pasadena Now.

Despite the closure, it's not all bad news as the sign also added
that the eatery is "searching for another upgraded Pasadena
location."

This closure adds to the series of challenges Roscoe's has faced in
recent years.

The restaurant chain has struggled with financial issues, most
notably following a Chapter 11 bankruptcy filing in 2016 by its
parent company, East Coast Foods, per the outlet.

The bankruptcy was prompted by a $3.2 million judgment in a
discrimination lawsuit, which the company appealed.

Court records from the time indicated that East Coast Foods owed
approximately $27 million to creditors.

In 2018, a resolution was reached to keep Roscoe's restaurants
operational while managing the company's debts.

This agreement allowed the chain to continue serving its loyal
customers despite the financial turbulence.

Roscoe's House of Chicken & Waffles was founded by Herbert Hudson
in 1975 and quickly became a staple in Southern California's
culinary scene.

The restaurant is famous for its unique combination of chicken and
waffles, a dish that has attracted a diverse clientele, including
numerous celebrities.

Over the decades, Roscoe’s has expanded its footprint, currently
operating seven locations in Los Angeles County and one in
Anaheim.

                         'NOT ROSCOES!'

Fans are not too happy that the restaurant is shutting down despite
promises to return.

"I would love to see them stay in Pasadena…they have been open
for a very long time," Pasadena Chamber of Commerce and Civic
Association President and CEO Paul Little told the Orange County
Register.

"I hope they can find another location in Pasadena that suits
them."

"NO NOT ROSCOES!" one person wrote on Reddit.

"Awww, man, that place was a community staple," commented another
fan on the same thread. "It used to get packed, especially on the
weekends."

"I just called an[d] there was no answer," shared a third. "Bummer
if it's closed."

             SHUTDOWN SHOCKER

Employees of a California Red Lobster have filed a lawsuit against
the seafood chain, alleging the business violated the state's WARN
Act by failing to provide a 60-day notice of a mass layoff.

Documents obtained by The U.S. Sun reveal that nearly 300 former
employees of the now-closed Red Lobster are seeking 60 days' worth
of backpay owed to them under the Act.

Filed by the Melmed Law Group in the US Bankruptcy Court for the
Middle District of Florida Orlando Division, the lawsuit names
George Parker, a former employee, as the main plaintiff.

The Melmed Law Group stated that Parker is also representing other
affected California workers who experienced abrupt store closures.

The lawsuit requests that the damages be considered administrative
expenses by the presiding judge.

This legal action follows Red Lobster's bankruptcy filing on May
13, 2024, during which the company announced plans to sell assets
as part of a restructuring effort.

CEO Jonathan Tibus described the restructuring as the best path
forward, aiming to tackle financial and operational challenges
while focusing on growth.

Red Lobster confirmed to the Wall Street Journal that it filed for
Chapter 11 bankruptcy protection in the US Bankruptcy Court for the
Middle District of Florida.

The company plans to simplify its business structure through
location closures and improve operational efficiency.

Despite the bankruptcy, Red Lobster stated it would work with
various vendors to keep certain locations operational and secured a
$100 million debtor-in-possession financing commitment.

The chain's financial troubles became evident when it initially
closed around 87 locations nationwide, followed by the closure of
nearly 100 more stores.

                      About East Coast Foods

East Coast Foods Inc., a California corporation, is the owner and
operator of four Roscoe' Chicken N' Waffles restaurants in Los
Angeles area.  

East Coast Foods sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. C.D. Cal. Case No. 16-13852) on March 25,
2016. The petition was signed by Herbert Hudson, president. The
Debtor estimated assets of less than $50,000 and debt of $10
million to $50 million.

The case is assigned to Judge Sheri Bluebond.

The Debtor is represented by Vakhe Khodzhayan, Esq., at KG Law,
APC.  

The Office of the U.S. Trustee on April 29, 2016, appointed five
creditors to serve on an official committee of unsecured creditors.
The committee hired Smiley Wang-Ekvall, LLP as counsel, and Force
Ten Partners, LLC as financial advisor.

Bradley D. Sharp was appointed Chapter 11 trustee of the Debtor's
estate on Sept. 28, 2016. Landegger Baron Law Group, ALC serves as
the Chapter 11 Trustee's labor and employment counsel. The Chapter
11 Trustee retained Swicker & Associates Accountancy Corporation as
his tax advisor.  Greines, Martin, Stein & Richland LLP serves as
the Chapter 11 Trustee's special counsel.


EDGEWOOD MANOR TRENTON: Seeks Chapter 11 Bankruptcy Protection
--------------------------------------------------------------
On June 20, 2024, Edgewood Manor Trenton Proud LLC filed Chapter 11
protection in the District of New Jersey. According to court
filing, the Debtor reports between $1 million and $10 million in
debt owed to 1 and 49 creditors. The petition states funds will be
available to unsecured creditors.

       About Edgewood Manor Trenton Proud LLC

Edgewood Manor Trenton Proud LLC is a Single Asset Real Estate
debtor (as defined in 11 U.S.C. Section 101 (51B)).

Edgewood Manor Trenton Proud LLC sought protection under Chapter 11
of the U.S. Bankruptcy Code (Bankr. D. N.J. Case No. 24-16216) on
June 20, 2024. In the petition signed by Thomas J. Caleca, on
behalf of Managing Member PLA 8 Trenton Proud LLC, the Debtor
reports estimated assets up to $50,000 and estimated liabilities
between $1 million and $10 million.

The Debtor is represented by:

     Douglas J. McGill, Esq.
     WEBBER MCGILL LLC
     100 E. Hanover Avenue
     Suite 401
     Cedar Knolls, NJ 07927
     Tel: (973) 739-9559
     Fax: (973) 739-9575
     Email: dmcgill@webbermcgill.com


EEI GLOBAL: Seeks Chapter 11 Bankruptcy Protection
--------------------------------------------------
Kurt Nagl of Crain's Detroit Business reports that a Rochester
Hills-based experiential marketing firm that creates exhibits at
the Detroit Auto Show and other trade events around the country has
filed for Chapter 11 bankruptcy.

EEI Global Inc. petitioned for bankruptcy protection with estimated
assets between $1 million and $10 million, and estimated
liabilities between $10 million and $50 million, according to the
filing in U.S. Bankruptcy Court of the Eastern District of Michigan
in Detroit.

At the same time, its subsidiary EEI Mobile LLC filed for
bankruptcy with estimated liabilities and assets in the range of $1
million and $10 million.

The companies filed under Subchapter V of the Chapter 11 code,
which is typically a less costly and quicker restructuring process
designed for smaller businesses.

The filing does not specify a reason for financial insolvency, but
it comes as EEI Global's core business faces immense stress. Many
trade shows, including the Detroit Auto Show, are a shell of what
they were before companies pulled back spending on traditional
experiential marketing to adapt to shifting consumer trends.

EEI could not be reached for comment. The lawyers representing the
company in its bankruptcy did not return requests for comment.

Auto shows were once critical for carmakers to reach buyers, but
that has changed. Many automakers and parts suppliers have scaled
back their participation in trade shows in favor of unveiling
vehicles and products on their own terms, often using social
media.

Detroit's marquee auto show, which has gone through several
variations of branding over the years, including the North American
International Detroit Auto Show, is returning to its winter slot
this January as just the Detroit Auto Show, appearing to reflect
the reduction of its scope.

EEI's clients include some of the world's top auto brands such as
Chevrolet, Cadillac, BMW and Ram, according to its website. It also
does business with top suppliers including Magna International,
Denso and American Axle & Manufacturing.

The company is led by CEO Derek Gentile, who was named a Crain's 40
Under 40 in 2003 in recognition of rebuilding his exhibit business
into a thriving enterprise.

EEI's largest unsecured creditor is the Detroit-based Carpenters
Pension Trust Fund, which has an unsecured $21.2 million pension
fund withdrawal liability claim, according to the filing.

In addition, the largest unsecured creditors in the EEI Global and
EEI Mobile cases include:

* Wixom-based Bluewater Technologies Inc., owed $340,200
   Lake Forest, Ill.-based Sho Link Inc., owed $212,300
   Commerce Township-based Miller and Associates Consulting
   Inc., owed $200,000.

* Macomb-based MAC Freight Services Inc., owed $140,000
   Chicago-based Scan Global Logistics, owed $59,850
   Rochester Hills-based Ten Point Media Inc., owed
   $49,800.

                     About EEI Global Inc.

EEI Global Inc. provides marketing services. The Company offers
graphic and event production, brand strategy, content marketing,
site hosting, and digital signage, as well as provides consulting
services. EEI Global serves clients in the state of Michigan. [BN]

EEI Global Inc. sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D. Mich. Case No. 24-46093) on June 20,
2024. In the petition signed by Derek M. Gentile, as president and
CEO, the Debtor reports estimated assets and liabilities between $1
million and $10 million each.

The Honorable Bankruptcy Judge Maria L. Oxholm oversees the case.

The Debtor is represented by:

     Lynn M. Brimer, Esq.
     Strobl PLLC
     33 Bloomfield Hills Parkway
     Suite 125
     Bloomfield Hills, MI 48304
     Tel: (248) 540-2300


EL DORADO GAS: Plan Exclusivity Period Extended to October 19
-------------------------------------------------------------
Judge Jamie A. Wilson of the U.S. Bankruptcy Court for the Southern
District of Mississippi extended Bluestone Natural Resources
II-South Texas and World Aircraft, Inc.'s, Debtor Affiliates of El
Dorado Gas & Oil, Inc., exclusive period to file a chapter 11 plan
of reorganization and disclosure statement to October 19, 2024.

The Bankruptcy Court directed that the Debtors' cases be jointly
administered with El Dorado Gas & Oil, Inc. and Hugoton Operating
Company, LLC by Order entered May 22, 2024, under the lead case of
El Dorado Gas & Oil, Inc.

The Debtors explain that they and counsel have been unable to
submit a disclosure statement or propose a Plan in these cases due
to the voluminous work required on amending schedules, and in
interfacing with the other jointly administrative cases.

El Dorado Gas & Oil, Inc., and affiliates are represented by:

     Patrick A. Sheehan, Esq.
     Sheehan & Ramsey, PLLC
     429 Porter Ave
     Ocean Springs, MS 39564
     Tel: 228-365-5707
     Email: pat@sheehanramsey.com

                   About El Dorado Gas & Oil and
                     Hugoton Operating Company

Hugoton Operating Company, Inc. filed a voluntary Chapter 11
petition (Bankr. S.D. Miss. Case No. 23-51139) on Aug. 14, 2023. El
Dorado Gas & Oil, Inc., a company in Gulfport, Miss., filed Chapter
11 petition (Bankr. S.D. Miss. Case No. 23-51715) on Dec. 22, 2023,
with $500 million to $1 billion in assets and $50 million to $100
million in liabilities. Thomas L. Swarek, president, signed the
petition.

On Feb. 22, 2024, Bluestone Natural Resources II - South Texas, LLC
and World Aircraft, Inc. filed separate Chapter 11 petitions
(Bankr. S.D. Miss. Case Nos. 24-50223 and 24-50224).

On Jan. 12, 2024, the Court entered an order directing the
appointment of a Chapter 11 trustee for Hugoton. On Jan. 22, 2024,
the Court approved Dawn Ragan as the Chapter 11 trustee for
Hugoton.

On Jan. 31, 2024, the Court ordered the appointment of a Chapter 11
trustee for El Dorado. On Feb. 2, 2024, the Court approved Ms.
Ragan as Chapter 11 trustee for El Dorado.

No official committee of unsecured creditors has been established
in any of the Debtor cases.

Hugoton and El Dorado are both Arkansas corporations engaged in the
exploration, production, and development of crude oil and natural
gas properties. El Dorado is a lease holder and operator of oil and
gas wells covering about 4,000 net acres in South Texas. El Dorado
also owns a substantial amount of oil field equipment and owns real
estate in multiple locations and states. Hugoton also owns oil and
gas interests and operates wells in South Texas.

Hugoton is 100% owned by El Dorado and El Dorado is 100% owned by
Thomas Swarek. Bluestone is 100% owned by Hugoton. Bluestone owns
oil and gas interests operated by the EDGO Debtors. World Aircraft
is 100% owned by EDGO. World Aircraft owns various aircraft and
equipment assets.

Judge Katharine M Samson oversees the cases.

Patrick Sheehan, Esq., at Sheehan & Ramsey, PLLC, is Debtors
Bluestone Natural Resources II-South Texas, LLC and World Aircraft,
Inc.

R. Michael Bolen, Esq., at Hood & Bolen, PLLC; and Nancy Ribaudo,
Esq., Katherine Hopkins, Esq., and Joseph Austin, Esq., at Kelly
Hart & Hallman LLP, serve as counsel to Dawn Ragan, Chapter 11
Trustee for El Dorado Gas & Oil, Inc. and Hugoton Operating
Company, Inc.


EL DORADO: Tiger Group Plans to Hold Court-Ordered Online Auctions
-------------------------------------------------------------------
Tiger Group and Liquidity Services in July 9, announced plans to
hold a series of court-ordered online auctions related to the
bankruptcy of national energy services firm El Dorado Oil & Gas,
Inc. (Bankruptcy Case No. 23-51715).

The first two auctions in the series close on July 17 and July 25,
respectively.

Gulfport-based El Dorado filed for Chapter 11 this past December in
the U.S. Bankruptcy Court for the Southern District of Mississippi.
It held a diverse array of equipment at 37 locations, primarily in
Mississippi and Texas, but also in Alabama, Louisiana, Nevada,
North Dakota, Ohio, Oklahoma, Tennessee, Virginia, Wyoming, and
other locations.

Tiger and Liquidity Services will be auctioning assets from all of
these locations in the weeks ahead and, as an added bonus for
buyers, there will be no buyer's premium on any of the auction
sales, noted Chad Farrell, Managing Director, Tiger Commercial &
Industrial.

"There is machinery and equipment that one would expect to find
from an upstream oil-and-gas services company--things like trucks,
trailers, workover rigs, frac pumps, blenders, tanks, drilling
equipment, coil-tubing units and gas compressors," Farrell said.
"But over the years, the owner also had acquired warehouses full of
more general-purpose items and inventory. It's a massive, diverse
collection that offers something for just about everyone."

Sale No. 1 in the series closes on Wednesday, July 17, at 10 a.m.
(CT). Bidding opens on Wednesday, July 10, at 10 a.m. (CT) at
SoldTiger.com.

Sale No. 2 closes on Thursday, July 25, at 10 a.m. (CT). Bidding
opens on Thursday, July 18, at 10 a.m. (CT) at SoldTiger.com.

With more than 710 available lots, Sale No. 1 on July 17th features
assets from El Dorado locations in Jackson, Mississippi; Ontario,
Canada; and Collierville, Tennessee. The list includes
metal-fabricating, material-handling, processing and plant-support
equipment, along with rolling stock and inventory. "There are items
such as CNC machining centers and milling machines, ABB 6-axis
Robots with Fanuc Controls, air compressors, generators, electric
motors, stainless-steel tanks, and vehicles like trailers, pickup
trucks and a minivan, just to name a few, " said Wayne Hecht,
Senior Director of Operations at Tiger Commercial & Industrial.

Sale No. 2 on July 25 features assets from El Dorado locations in
Gulfport, Mississippi. "It's 350 lots of equipment used for
material-handling, woodworking, metal-fabrication, labs and testing
and plant-support," Hecht noted. "The rolling stock includes
tractors, trailers, buses, box trucks, vans, pickups, sedans and
more."

Added Farrell, "Bidders should stay tuned to the SoldTiger.com and
AllSurplus.com sites as we will be adding additional sale events in
the weeks ahead including the auction of a fleet of gas compressors
recently slated for July 30."

For asset photos, descriptions, and other information, visit:

Sale No. 1. (July 17, Jackson)

https://soldtiger.com/sales/el-dorado-jackson-mississippi-metal-fabrication-rolling-stock-and-more/

Sale No. 2 (July 25, Gulfport)

https://soldtiger.com/sales/el-dorado-gas-and-oil-material-handling-metal-working-lab-testing-equipment-and-more-gulfport-ms/

                         About Tiger Group

Tiger Group provides asset valuation, advisory and disposition
services to a broad range of retail, wholesale, and industrial
clients. With over 40 years of experience and significant financial
backing, Tiger offers a uniquely nimble combination of expertise,
innovation and financial resources to drive results. Tiger's
seasoned professionals help clients identify the underlying value
of assets, monitor asset risk factors and provide capital or
convert assets to capital quickly and decisively. Tiger maintains
offices in New York, Los Angeles, Boston, Chicago, Houston and
Toronto. https://tigergroup.com/

                     About Liquidity Services

Liquidity Services operates the world's largest B2B e-commerce
marketplace platform for surplus assets with over $10 billion in
completed transactions to more than five million qualified buyers
and 15,000 corporate and government sellers worldwide. The company
supports its clients' sustainability efforts by helping them extend
the life of assets, prevent unnecessary waste and carbon emissions,
and reduce the number of products headed to landfills.
https://liquidityservices.com/

            About El Dorado Gas & Oil and
              Hugoton Operating Company

Hugoton Operating Company, Inc. filed a voluntary Chapter 11
petition (Bankr. S.D. Miss. Case No. 23-51139) on Aug. 14, 2023. El
Dorado Gas & Oil, Inc., a company in Gulfport, Miss., filed a
Chapter 11 petition (Bankr. S.D. Miss. Case No. 23-51715) on Dec.
22, 2023, with $500 million to $1 billion in assets and $50 million
to $100 million in liabilities. Thomas L. Swarek, president, signed
the petition.

On Feb. 22, 2024, Bluestone Natural Resources II - South Texas, LLC
and World Aircraft, Inc. filed separate Chapter 11 petitions
(Bankr. S.D. Miss. Case Nos. 24-50223 and 24-50224).

On Jan. 12, 2024, the Court entered an order directing the
appointment of a Chapter 11 trustee for Hugoton. On Jan. 22, 2024,
the Court approved Dawn Ragan as the Chapter 11 trustee for
Hugoton.

On Jan. 31, 2024, the Court ordered the appointment of a Chapter 11
trustee for El Dorado. On Feb. 2, 2024, the Court approved Ms.
Ragan as Chapter 11 trustee for El Dorado.

No official committee of unsecured creditors has been established
in any of the Debtor cases.

Hugoton and El Dorado are both Arkansas corporations engaged in the
exploration, production, and development of crude oil and natural
gas properties. El Dorado is a lease holder and operator of oil and
gas wells covering about 4,000 net acres in South Texas. El Dorado
also owns a substantial amount of oil field equipment and owns real
estate in multiple locations and states. Hugoton also owns oil and
gas interests and operates wells in South Texas.

Hugoton is 100% owned by El Dorado and El Dorado is 100% owned by
Thomas Swarek. Bluestone is 100% owned by Hugoton. Bluestone owns
oil and gas interests operated by the EDGO Debtors. World Aircraft
is 100% owned by EDGO. World Aircraft owns various aircraft and
equipment assets.

Judge Katharine M. Samson oversees the cases.

Patrick Sheehan, Esq., at Sheehan & Ramsey, PLLC, is counsel for
Debtors Bluestone Natural Resources II-South Texas, LLC and World
Aircraft, Inc.

R. Michael Bolen, Esq., at Hood & Bolen, PLLC; and Nancy Ribaudo,
Esq., Katherine Hopkins, Esq., and Joseph Austin, Esq., at Kelly
Hart & Hallman LLP, serve as counsel to Dawn Ragan, Chapter 11
Trustee for El Dorado Gas & Oil, Inc. and Hugoton Operating
Company, Inc.


ELECTRIQ POWER: Bankruptcy Leaves Homeowners With Liens
-------------------------------------------------------
Jean Yamamura of Santa Barbara's Independent reports that the
bankruptcy of a solar-power company in South Florida is creating an
array of problems on the South Coast. The business -- Electriq
Power Inc. -- was putting solar panels and batteries on Santa
Barbara rooftops at no expense to homeowners and with the blessings
of the cities of Santa Barbara, Goleta, and Carpinteria. But then
Electriq filed Chapter 7 on May 3, 2024 freezing all its
operations.

This prompted one of its subcontractors, Axiom 360 of Grover Beach,
to place mechanics liens on homes for which it had yet to be paid.
This preserves Axiom's options for full payment of its installation
work and is not unusual among contractors. But for homeowners who
didn't expect any financial outlay, it came as a shock, especially
as the recording notice lists foreclosure in 90 days among the
penalties.

"You're helping the environment. You're not paying high rates to
Southern California Edison," said homeowner Randy Freed, explaining
why he signed on to Electriq's PoweredUp Goleta program. He was
pleased with the savings in the solar array and storage batteries,
but then he received the mechanics lien in June 2024. The
possibility of foreclosure was unanticipated, Freed said, and he'd
relied on the cities' endorsements. "It's a great program; we've
checked them out," he recalled the cities saying on a postcard he
received.

Goleta spokesperson Kelly Hoover said they'd only recently received
notice of the bankruptcy. So far, they'd heard from two residents,
she said, and had provided them with the bankruptcy trustee's
information. "The city is in the process of evaluating its impact
as the federal bankruptcy case moves forward," Hoover said. The
City of Carpinteria had planned to participate in the program but
hadn't yet held any meetings. The County of Santa Barbara was
approached but said no — "We couldn't favor one company over
others," said April Price, with the sustainability division.

The bankruptcy trustee, attorney Robert Furr of Boca Raton, will
hold an auction on July 8, 2024 of $18 million in inventory held in
a warehouse in San Leandro, California, Electriq's original base of
operations. But Electriq owes about $70 million to its creditors,
including $100,000 to Axiom, according to the bankruptcy filings.
Furr said he hoped to recoup at least $5 million in the auction and
that other assets were out there, though he’d have to sue for
them.

Electriq's bankruptcy could be due to bad timing. The company went
public in August 2023, four months after California's NEM 3.0 went
into effect, slashing the home-solar rate by about 75 percent,
CalMatters reported. Solar installations dropped 80 percent.
Despite $10 million in commitments in Puerto Rico and new community
networks reported by Electriq in late 2023, its IPO of $400 million
was in ruins by December — the New York Stock Exchange warned the
company had to bring its stock price above $1 and its average
market capitalization above $50 million; it was delisted in January
2024.

The cities viewed the promotion as one that would benefit low- and
middle-income homeowners, who have been gradually increasing their
adoption of the $30,000-$40,000 systems, according to CalMatters.

"Electriq designed this program specifically to be accessible by
low- and middle-income customers who might not be able to afford
the steep upfront costs of these systems and/or did not have good
credit," said Alelia Parenteau, director of the City of Santa
Barbara’s Clean Energy program. "As electrical costs continue to
increase statewide, it is important, now, more than ever, to
provide our residents some ability to control those costs," she
added. "Battery and solar systems are the best way to do that."

If the arrangement sounds too good to be true, it actually isn't.
The financier of the equipment, another Florida company called
EverBright, charges the homeowner for the electricity produced, but
at the home-solar rate, which is lower than what the local
utilities charge — exactly as homeowner-financed solar works.
EverBright is a subsidiary of NextEra Energy, formerly known as
Florida Power & Light, the third largest electricity revenue
producer in the U.S.

Freed is now working with EverBright to get the solar rate on his
meter readings, which were to be handled by Electriq. "The city was
very helpful," Freed said, "but I had to do a lot of research
myself. They should be reaching out to us."

Since late 2022, Electriq had installed roughly 75 systems across
the county; about five of them were mid-install at the time of the
bankruptcy, Parenteau said. In all, about 24 mechanics liens were
placed by Axiom of $5,000-$12,000.

Asked for comment, Axiom CEO Brandon Hoffman emailed that he hoped
"with the help of the impacted homeowners, bankruptcy court, the
consumer financing company, and Santa Barbara housing" that all
would be resolved. "Electriq has left quite a bit of damage in
their wake," he said.

            About Electriq Power Holdings Inc.

Electriq Power Holdings Inc. is a trusted provider of intelligent
energy storage and management solutions for homes and small
businesses.

Electriq Power Holdings Inc. sought relief under Chapter 7 of the
U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 24-14427) on May 3,
2024.

The case is overseen by Honorable Bankruptcy Judge Mindy A Mora.

The Debtor is represented by:

     Frank L Eaton, Esq.
     Linda Leali, P.A.








ELLIE LANE CAPITAL: Meeting of Your SolarMate Creditors on July 23
------------------------------------------------------------------
Ellie Lane Capital LLC filed Chapter 11 protection in the Southern
District of California. According to court filing, the Debtor
reports between $1 million and $10 million in debt owed to 1 and 49
creditors. The petition states funds will be available to unsecured
creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 23, 2024 at 9:00 a.m. in Room Telephonically on telephone
conference line: 877-939-8015. participant access code: 3135445#.

                    About Ellie Lane Capital

Ellie Lane Capital LLC, doing business as Your SolarMate, offers
solar PV or energy storage system installers and contractors
services that simplify the representative/applicant interconnection
and rebate processes. The Debtor acts as  in order to complete all
applications required by the utility companies in order to quickly
receive permission to operate (PTO) letters and rebate approvals.

Ellie Lane Capital LLC sought relief under Subchapter V of Chapter
11 of the U.S. Bankruptcy Code (Bankr. S.D. Cal. Case No. 24-02207)
on June 17, 2024. In the petition signed by Katherine Dextraze,
president and partner representative, the Debtor reports estimated
assets between $100,000 and $500,000 and estimated liabilities
between $1 million and $10 million.

The Debtor is represented by:

     Vanessa M. Haberbush, Esq.
     HABERBUSH, LLP
     444 West Ocean Boulevard
     Suite 1400
     Long Beach, CA 90802
     Tel: (562) 435-3456



ELLIE LANE: Seeks to Hire Haberbush as General Bankruptcy Counsel
-----------------------------------------------------------------
Ellie Lane Capital, LLC, doing business as Your SolarMate, seeks
approval from the U.S. Bankruptcy Court for the Southern District
of California to employ Haberbush, LLP as bankruptcy counsel.

The firm's services include:

     (a) advise, consult, prosecute for and defend the Debtor
concerning issues arising in regard to the conduct of the estate,
its rights and remedies with regard to the estate's assets, and the
claims of secured, priority and unsecured creditors;

     (b) appear for and represent the Debtor's interest in
obtaining Court approvals for the hiring of professionals, and to
assist and advise it regarding the liquidation of the property of
the estate;

     (c) investigate and prosecute, if appropriate, preference,
fraudulent transfer, and other actions arising under Debtor's
avoiding powers, should such causes of action exist;

     (d) assist in the preparation of such pleadings, applications
and orders as are required for the orderly administration of this
estate;

     (e) advise, consult and represent the Debtor in such legal
actions as are necessary concerning the use and disposition of
property of the estate;

     (f) advise and consult with the Debtor, prosecute for and
defend it concerning claims made against the estate or claims made
by the estate, including any adversary proceedings related
thereto;

     (g) advise, consult and prosecute the approval of a plan of
reorganization, including necessary disclosure statements; and

     (h) advise, consult and assist the Debtor with the Guidelines
of the United States Trustee, the Local Bankruptcy Rules of this
Court, Title 11 of the United States Code, and the Federal Rules of
Bankruptcy Procedure.

The firm will be paid at these hourly rates:

     David R. Haberbush, Attorney     $550
     Richard A. Brownstein, Attorney  $550
     Vanessa M. Haberbush, Attorney   $350
     Lane K. Bogard, Attorney         $250
     Paralegals                        $75

In addition, the firm will seek reimbursement for expenses
incurred.

The firm received total retainer from the Debtor in the amount of
$35,000.

Mr. Haberbush disclosed in a court filing that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The firm can be reached through:

     David R. Haberbush, Esq.
     Haberbush, LLP
     444 West Ocean Boulevard, Suite 1400
     Long Beach, CA 90802
     Telephone: (562) 435-3456
     Facsimile: (562) 435-6335
     Email: vhaberbush@lbinsolvency.com

                     About Ellie Lane Capital

Ellie Lane Capital, LLC, doing business as Your SolarMate, offers
solar PV or energy storage system installers and contractors
services that simplify the interconnection and rebate processes.
The Debtor acts as representative/applicant in order to complete
all applications required by the utility companies in order to
quickly receive permission to operate (PTO) letters and rebate
approvals.

Ellie Lane Capital sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Cal. Case No. 24-02207) on June 17,
2024, with $100,000 to $500,000 in assets and $1 million to $10
million in liabilities. Katherine Dextraze, president and partner
representative, signed the petition.

Vanessa M. Haberbush, Esq.. at Haberbush, LLP represents the Debtor
as legal counsel.


ELYSIUM AXIS LLC: Hits Chapter 11 Bankruptcy Protection
-------------------------------------------------------
On June 20, 2024, Elysium Axis LLC filed Chapter 11 protection in
the Central District of California.  According to court filing, the
Debtor reports between $1 million and $10 million in debt owed to 1
and 49 creditors. The petition states funds will be available to
unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
August 1, 2024 at 10:00 a.m. at UST-SA2, TELEPHONIC MEETING on
telephone conference line: 1-866-919-3126. participant access
code:3803126.

              About Elysium Axis LLC

Elysium Axis LLC owns and operates a health care business.

Elysium Axis LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. C.D. Cal. Case No. 24-11557) on June 20,
2024. In the petition filed by Jason Landver, as managing member,
the Debtor reports estimated assets between $500,000 and $1 million
and estimated liabilities between $1 million and $10 million.

Honorable Bankruptcy Judge Scott C. Clarkson oversees the case.

The Debtor is represented by:

     Michael Jay Berger, Esq.
     LAW OFFICES OF MICHAEL JAY BERGER
     9454 Wilshire Boulevard, 6th Floor
     Beverly Hills, CA 90212
     Tel: (310) 271-6223
     Fax: (310) 271-9805
     Email: michael.berger@bankruptcypower.com


ELYSIUM AXIS: Hires Law Offices of Michael Jay Berger as Counsel
----------------------------------------------------------------
Elysium Axis LLC seeks approval from the U.S. Bankruptcy Court for
the Central District of California to employ Law Offices of Michael
Jay Berger as counsel.

The firm's services include:

   a. communicating with creditors of the Debtor;

   b. reviewing the Debtor's Chapter 11 bankruptcy petition and all
supporting schedules;

   c. advising the Debtor of its legal rights and obligations in a
bankruptcy proceeding;

   d. working to bring the Debtor into full compliance with
reporting requirements of the Office of the United States Trustee
(the "OUST");

   e. preparing status reports as required by the Court; and

   f. responding to any motions filed in Debtor's bankruptcy
proceeding.

The firm will be paid at these rates:

     Michael Jay Berger      $645 per hour
     Sofya Davtyan           $595 per hour
     Robert Poteete          $475 per hour
     Senior paralegals       $275 per hour
     Paralegals              $200 per hour

The firm was paid a retainer in the amount of $25,000 plus the
$1,738 filing fee.

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

Michael Jay Berger, Esq., a partner at Law Offices of Michael Jay
Berger, disclosed in a court filing that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The firm can be reached at:

     Michael Jay Berger, Esq.
     Sofya Davtyan, Esq.
     Law Offices of Michael Jay Berger
     9454 Wilshire Boulevard, 6th Floor,
     Beverly Hills, CA 90212
     Tel: (310) 271-6223
     Fax: (310) 271-9805
     Email: Michael.Berger@bankruptcypower.com
            Sofya.Davtyan@bankruptcypower.com

              About Elysium Axis LLC

Elysium Axis LLC in Garden Grove, CA, filed its voluntary petition
for Chapter 11 protection (Bankr. C.D. Cal. Case No. 24-11557) on
June 20, 2024, listing $500,000 to $1 million in assets and $1
million to $10 million in liabilities. Jason Landver as managing
member, signed the petition.

Judge Scott C Clarkson oversees the case.

LAW OFFICES OF MICHAEL JAY BERGER serve as the Debtor's legal
counsel.


EMERGENT BIOSOLUTIONS: BlackRock Holds 7.3% Stake as of June 30
---------------------------------------------------------------
BlackRock, Inc. disclosed in a Schedule 13G/A Report filed with the
U.S. Securities and Exchange Commission that as of June 30, 2024,
it beneficially owned 3,839,375 shares of Emergent Biosolutions
Inc.'s Common Stock, representing 7.3% of the shares outstanding.

A full-text copy of BlackRock's SEC Report is available at:

                  https://tinyurl.com/4s4dnrht

                       About Emergent Biosolutions

Headquartered in Gaithersburg, Md., Emergent Biosolutions Inc. is a
global life sciences company focused on providing innovative
preparedness and response solutions addressing accidental,
deliberate and naturally occurring public health threat.  The
Company's solutions include a product portfolio, a product
development portfolio, and a contract development and manufacturing
("CDMO") services portfolio.

Emergent Biosolutions reported a net loss of $760.5 million for the
year ended Dec. 31, 2023, compared to a net loss of $211.6 million
for the year ended Dec. 31, 2022. As of March 31, 2024, the Company
had $1.80 billion in total assets, $1.14 billion in total
liabilities, and $663.9 million in total stockholders' equity.

Tysons, Virginia-based Ernst & Young LLP, the Company's auditor
since 2004, issued a "going concern" qualification in its report
dated March 8, 2024, citing that the Company does not expect to be
in compliance with debt covenants in future periods without
additional sources of liquidity or future amendments to its Senior
Secured Credit Facilities and has stated that substantial doubt
exists about the Company's ability to continue as a going concern.

                           *     *     *

On July 2024, S&P Global Ratings removed its ratings on Emergent
BioSolutions Inc. from CreditWatch with negative implications,
where S&P had placed them March 12, 2024. S&P also lowered its
issuer credit rating on Emergent to 'CCC' from 'CCC+'. At the same
time, S&P lowered its issue-level rating on the senior unsecured
notes to 'CCC-' from 'CCC'.

S&P's negative outlook reflects Emergent's weak liquidity position,
with over $450 million of term loan debt and revolver borrowing
maturing in May 2025, as well as its potential for covenant
violations, which could result in a default within the next 12
months. Emergent BioSolutions Inc. recently amended its credit
agreement with its senior secured lenders. However, the May 2025
maturities for its revolver and term loan remain unchanged. Given
the tightened covenants and about $458 million outstanding
borrowing on its secured debt that matures in May 2025, S&P sees
increasing risks that the company could default within the next 12
months.


EXPEDITOR SYSTEMS: Seeks to Tap Leibowitz Hiltz & Zanzig as Counsel
-------------------------------------------------------------------
Expeditor Systems, Inc. seeks approval from the U.S. Bankruptcy
Court for the Northern District of Illinois to employ Leibowitz
Hiltz & Zanzig, LLC as counsel.

The firm's services include:

     (a) assist the Debtor in performing its duties;

     (b) meet with the United States Trustee and their
representatives concerning administration of the estate;

     (c) meet and negotiate with creditors and their
representatives and other interested parties regarding matters;

     (d) perform all other legal services as required.

The hourly rates of the firm's counsel and staff are as follows:

     John F. Hiltz, Partner     $550
     Paralegal                  $225

In addition, the firm will seek reimbursement for expenses
incurred.

Mr. Hiltz disclosed in a court filing that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The firm can be reached through:

     John F. Hiltz, Esq.
     Leibowitz Hiltz & Zanzig, LLC
     53 West Jackson Blvd., Suite 1301 A
     Chicago, IL 60604
     Telephone: (312) 566-9008
     Email: john@lakelaw.com
  
                    About Expeditor Systems

Expeditor Systems, Inc. is a company in Carol Stream, Ill., engaged
in electrical equipment, appliance, and component manufacturing.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D. Ill. Case No. 24-07413) on May 17,
2024, with $1 million to $10 million in both assets and
liabilities. Igor Terletsky, president, signed the petition.

Judge Donald R. Cassling presides over the case.

John F. Hiltz, Esq., at Leibowitz, Hiltz & Zanzig, LLC represents
the Debtor as counsel.


FANTASY CUISINE: Seeks Chapter 11 Bankruptcy Protection
-------------------------------------------------------
Bill Heltzel of Westfair Business Journal reports that a Hartsdale
restaurateur has petitioned for bankruptcy protection while blaming
two former employees for his business troubles.

Fantasy Cuisine Co., 20 N. Central Avenue, declared $91,400 in
assets and $312,000 in liabilities, in a Chapter 11 reorganization
petition filed on June 24, 2024 in U.S. Bankruptcy Court, White
Plains.

"The debtor's financial predicament was caused primarily by a Fair
Labor Standards Act lawsuit commenced by two former employees," Chu
declared in the Fantasy Cuisine case.

The following day, owner Chia-Hung Chu, of Scarsdale, petitioned
for personal bankruptcy protection, claiming $29,236 in assets and
$600,095 in liabilities.

Fantasy Cuisine specializes in Szechuan cuisine, according to the
petition, and has operated for about ten years. Chu also owns
Dumpling Plus Noodle restaurant on Palmer Avenue in Bronxville, but
it is not part of the bankruptcies.

Chu, also known as Austin Chu, blames former dim sum chefs Bing
Wang and Yan Qiu Zhang for the Fantasy Cuisine bankruptcy.

He says the restaurant owes Wang $24,494 and Zhang $129,997,  in
the Fantasy Cuisine petition, and he owes them $300,000 each, in
his personal bankruptcy petition.

Wang and Zhang sued Chu and Fantasy Cuisine in 2020, in U.S.
District Court, Manhattan. Wang claimed he worked 61 hours a week
but never received overtime compensation or paystubs. Zhang said
she worked six days a week, was paid a fixed wage regardless of the
hours worked, and never received overtime compensation.

She also alleged that Chu "rebuffed her complaints about the
sweatshop-like, onerous work conditions which included pervasive
rodent infestation and rodent feces in the work area."

Chu described Wang as a highly specialized gourmet dim sum chef who
was exempt from labor laws, in his answer to the complaint. He
depicted Zhang as a manager and "number three in the organizational
hierarchy" who supervised Wang and was in effect a co-employer
under federal labor law.

"To the extent that there was 'sweatshop-like work conditions’ in
the Dim Sum Department," he stated, "the same was created by
plaintiff Zhang as its manager, and [he and the corporation] were
not aware of such conditions."

A five-day trial was held this past May 2024, and the jury ruled in
favor Wang and Zhang, finding that Chu and Fantasy Cuisine had
failed to act in good faith regarding overtime wages and wage
statements.

Meanwhile, Wang accused Fantasy Cuisine of submitting fraudulent
tax information to the IRS, in a class action lawsuit filed last
year in White Plains federal court.

He claimed that the restaurant did not withhold wages for paying
federal and state income, Social Security and Medicare taxes,
thereby increasing his tax liability and jeopardizing his
benefits.

Chu responded that Wang insisted on receiving payments partially by
check and partially by cash, so as to qualify for Medicaid
benefits, and that the restaurant paid its share of Wang’s Social
Security and Medicare taxes.

"No tax withholdings were deducted from his pay, as per his
request," Chu stated in an affidavit. "He declined to fill out a
W-4 form and insisted that only his check payments be reported to
the Internal Revenue Service."

The case in pending.

Fantasy Cuisine made $1.8 million in 2022, $1.7 million in 2023,
and $650,000 as of filing for bankruptcy.

Chu says he earned $83,000 in 2022, $72,000 last year and $33,066
as of filing for personal bankruptcy.

He said his goals in the Fantasy Cuisine bankruptcy are to remain
operating without interruption, preserve business interests and
present a plan that will satisfy all creditors.

He is represented by White Plains attorney Anne Penachio.

                   About Fantasy Cuisine Co.

Fantasy Cuisine Co. is a Hartsdale restaurateur.

Fantasy Cuisine Co. sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 24-22563) on June 24,
2024. In its petition, the Debtor reports $29,236 in assets and
$600,095 in liabilities.

The Debtor is represented by:

     Anne J. Penachio, Esq.
     Penachio Malara LLP
     245 Main Street
     Suite 450
     White Plains, NY 10601
     (914) 946-2889
     Email: apenachio@pmlawllp.com


FARFETCH LIMITED: Chapter 15 Case Summary
-----------------------------------------
Chapter 15 Debtor:            Farfetch Limited
                              190 Elgin Avenue
                              George Town
                              Grand Cayman

Business Description:         Farfetch is a global platform
                              for the luxury fashion industry.

Chapter 15 Petition Date:     July 10, 2024

Court:                        United States Bankruptcy Court
                              District of Delaware

Case No.:                     24-11519

Judge:                        Hon. Craig T Goldblatt

Foreign Proceeding:           The Company is a debtor in a foreign

                              proceeding, as defined in Section
                              101(23) of title 11 of the
                              Bankruptcy Code, pending before the
                              Grand Court of the Cayman Islands
                              (Financial Services Division)

Foreign Representatives:      Alexander Lawson and Christopher
                              Kennedy
                              142 Seafarers Way, 2nd Floor
                              P.O. Box 2507
                              George Town, KY1 1104
                              Grand Cayman

Foreign
Representatives'
Counsel:                      Jonathan M. Kass, Esq.
                              REID COLLINS & TSAI LLP
                              300 Delaware Avenue, Suite 770
                              Wilmington, DE 19801
                              Tel: (302) 467-1765
                              E-mail: jkass@reidcollins.com

Estimated Assets:             Unknown

Estimated Debts:              Unknown

A full-text copy of the Chapter 15 petition is available for free
at PacerMonitor.com at:

https://www.pacermonitor.com/view/MRE3XOQ/Farfetch_Limited_and_Farfetch__debke-24-11519__0001.0.pdf?mcid=tGE4TAMA


FAUXGENET HOLDINGS: Sec. 341(a) Meeting of Creditors on Aug. 2
--------------------------------------------------------------
Fauxgenet Holdings LLC filed Chapter 11 protection in the Eastern
District of Tennessee.  According to court documents, the Debtor
reports up to $50,000 in debt owed to 1 and 49 creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
Aug. 2, 2024 at 11:00 a.m. in Room Telephonically on telephone
conference line: 866-808-0545. participant access code:6401636.

                   About Fauxgenet Holdings

Fauxgenet Holdings LLC owns a business property located in Alabama
Highway, Ringgold, GA having an appraised value of $3.2 million.

Fauxgenet Holdings LLC sought relief under Subchapter V of Chapter
11 of the U.S. Bankruptcy Code (Bankr. E.D. Tenn. Case No.
24-11622) on July 1, 2024. In the petition filed by Gordon S.
Alward, as member, the Debtor reports estimated assets up to
$50,000 and estimated liabilities between $1 million and $10
million.

The Honorable Bankruptcy Judge Nicholas W. Whittenburg handles the
case.

The Debtor is represented by:

     W. Thomas Bible, Jr., Esq.
     TOM BIBLE LAW
     6918 Shallowford Road, Suite 100
     Chattanooga, TN 37421
     Tel: (423) 424-3116
     Fax: (423) 499-6311
     E-mail: tom@tombiblelaw.com


FLUENT INC: All Three Proposals Approved at Special Meeting
-----------------------------------------------------------
Fluent, Inc. held a special meeting of stockholders during which
the Company's stockholders:

     (1) The Company's stockholders approved the proposal to
exercise the Company's pre-funded warrants issued pursuant to those
certain securities purchase agreements dated as of May 13, 2024 and
entered into by the Company and certain accredited investors named
therein into shares of the Company's common stock;

     (2) The Company's stockholders approved the proposal to issue
pre-funded warrants pursuant to those certain securities purchase
agreements dated as of May 13, 2024 to certain of the Company's
directors and/or officers and employees and to a consultant of the
Company, and any shares of the Company's common stock issuable upon
exercise thereof; and

     (3) The Company's stockholders approved the adjournment of the
Meeting, if necessary or advisable, to solicit additional proxies
in favor of proposals 1 and 2 if there were not sufficient votes to
approve such proposal.

                        About Fluent Inc.

Headquartered in New York, Fluent Inc. is a provider of digital
marketing services.  The Company primarily performs customer
acquisition services by operating highly scalable digital marketing
campaigns, through which it connects its advertiser clients with
consumers they are seeking to reach.  The Company accesses these
consumers through both its owned and operated digital media
properties and its auxiliary syndicated performance marketplace
products.  In 2023 the Company delivered data and performance-based
customer acquisition services for over 500 consumer brands, direct
marketers, and agencies across a wide range of industries,
including Media & Entertainment, Financial Products & Services,
Health & Life Sciences, Retail & Consumer, and Staffing &
Recruitment.

Fluent, Inc. reported a net loss of $63.2 million for the year
ended December 31, 2023, compared to a net loss of $123.3 million
for the year ended December 31, 2022. As of March 31, 2024, the
Company had $103.58 million in total assets, $74.83 million in
total liabilities, and $28.75 million in total shareholders'
equity.

While management believes the proceeds from the Private Placement
and the other steps will be adequate to cover a decline in the
borrowing base under the SLR Revolver and fund its current
operations, there is no guarantee that the Company's plans will be
successfully executed or have the expected benefits.  Furthermore,
if an event of default under the SLR Credit Agreement were to occur
and the maturity date accelerated, the Company likely would not
have sufficient funds to repay the Term Loan and the SLR Revolver.
While management believes the Company will be able to work through
its plans to mitigate any event of default with SLR, obtaining a
waiver of an event of default or entering into an amendment to
mitigate an event of default is not entirely within the Company's
control.  As there can be no assurance that the Company will be
able to effectively implement its plans within one year after the
issuance date, based on the factors above, management concluded
that there is substantial doubt about the Company's ability to
continue as a going concern through such one-year period, according
to the Company's Quarterly Report for the period ended March 31,
2024.


FREE SPEECH: Hook Families Can't Get $50 Mil. for Shooting Claims
-----------------------------------------------------------------
The Associate Press reports that Judge stops parents' effort to
collect $50M Alex Jones owes for Newtown shooting claims.

A federal bankruptcy judge on Thursday, June 27, 2024, stopped an
effort by the parents of a boy killed in the Sandy Hook Elementary
School shooting to begin collecting on some of the $50 million they
won in a lawsuit against conspiracy theorist Alex Jones over his
false claims that the massacre was a hoax.

Lawyers for Scarlett Lewis and Neil Heslin, whose 6-year-old son
Jesse Lewis died in the 2012 Connecticut shooting, had obtained an
order from a state judge in Texas earlier this month allowing them
to begin collecting some assets from Jones' company, Infowars
parent Free Speech Systems. That order came after the company's
bankruptcy reorganization failed and its case was dismissed.

But U.S. Bankruptcy Judge Christopher Lopez in Houston said
Thursday that the state judge's ruling conflicts with federal
bankruptcy law.

Lopez said a new trustee appointed to oversee the liquidation of
Jones' personal assets now has control of Jones’ ownership in
Free Speech Systems. Lopez said the trustee, Christopher Murray,
has authority under federal law to sell off the company's assets
and distribute the proceeds equally among all of Jones' creditors,
including other relatives of Sandy Hook victims who were awarded
more than $1.4 billion in a similar lawsuit in Connecticut over
Jones’ lies about the shooting.

"I don't think the state court was actually informed of all these
issues," Lopez said.

Murray plans to shut down Infowars, the multimillion dollar
money-maker Jones has built over the past 25 years by selling
dietary supplements, survival gear and other merchandise.

Jones has about $9 million in personal assets, according to the
most recent financial filings in court. Free Speech Systems has
about $6 million in cash on hand and about $1.2 million worth of
inventory, according to recent court testimony.

Bankruptcy lawyers for Jones and his company did not immediately
return messages seeking comment Thursday. Jones said on his show
Thursday that although Infowars may no longer exist in two to three
months, he will restart his broadcasts on another platform he'll
have to build from scratch. He also said Lewis and Heslin's efforts
in Texas state court to get some of his assets were "illegal."

Murray had filed a motion Sunday asking Lopez to halt Lewis and
Heslin's collection efforts in state court, saying they would
interfere with the shut down and liquidation of Jones' company.

Free Speech Systems, based in Jones' hometown of Austin, filed for
bankruptcy reorganization in July 2022 in the middle of the trial
in Texas that led to the $50 million defamation award to Lewis and
Heslin. Jones filed for personal bankruptcy reorganization later in
2022 after relatives of eight children and adults killed in the
shooting won the Connecticut lawsuit.

On June 14, 2024, Lopez converted Jones' personal bankruptcy
reorganization case into a liquidation, meaning many of his assets
will be sold off to pay creditors except for his main home and
other property exempt from liquidation. The same day, Lopez also
dismissed Free Speech Systems' bankruptcy case after Jones and the
families could not reach agreement on a final plan.

The bankruptcies automatically froze efforts by the Sandy Hook
families to collect on the state lawsuit awards. Lawyers for Lewis
and Heslin said the dismissal of Free Speech System's case meant
they could go back to the Texas state court in Austin and ask a
judge to order the company to begin turning over money and other
assets to Lewis and Heslin.

"Our clients are frustrated that they will not be allowed to pursue
their state court rights after all," said Mark Bankston, a lawyer
for Lewis and Heslin. "Apparently this case will remain in limbo
much to Mr. Jones' delight while the other group of plaintiffs
insist they are entitled to nearly all the recovery."

Lewis and Heslin have been at odds with the relatives in the
Connecticut lawsuit over how Jones' bankruptcies should end and how
his assets should be sold off.

Relatives in the Connecticut suit had fought the dismissal of Free
Speech Systems' bankruptcy, saying it would lead to a "race"
between Sandy Hook families to the state courts in Texas and
Connecticut to see who could get Jones' assets first. The
Connecticut plaintiffs favored the trustee's motion to stop the
collection efforts in Texas.

"The Connecticut families have always sought a fair and equitable
distribution of Free Speech System's assets for all of the
families, and today's decision sets us back on that path," said
Christopher Mattei, a lawyer for the Sandy Hook relatives who sued
Jones in Connecticut.

The shooting in Newtown, Conn., killed 20 first graders and six
educators. Not all of the victims’ families sued Jones.

The relatives said they were traumatized by Jones' hoax
conspiracies and his followers' actions. They testified about being
harassed and threatened by Jones' believers, some of whom
confronted the grieving families in person saying the shooting
never happened and their children never existed. One parent said
someone threatened to dig up his dead son's grave.

Jones is appealing the judgments in the state courts. He has said
he now believes the shooting did happen, but free speech rights
allowed him to say it did not.

               About Free Speech Systems

Free Speech Systems LLC is a broadcast media production and
distribution company that provides broadcasting aural programs by
radio to the public. Free Speech Systems is a family-run business
founded by Alex Jones.

FSS is presently engaged in the business of producing and
syndicating Jones' radio and video talk shows and selling products
targeted to Jones' loyal fan base via the Internet. Today, FSS
produces Alex Jones' syndicated news/talk show (The Alex Jones
Show) from Austin, Texas, which airs via the Genesis Communications
Network on over 100 radio stations across the United States and
via
the internet through websites including Infowars.com.

Due to the content of Alex Jones' shows, Jones and FSS have faced
an all-out ban of Infowars from mainstream online spaces. Shunning
from financial institutions and banning Jones and FSS from major
tech companies began in 2018.

Conspiracy theorist Alex Jones has been sued by victims' family
members over Jones' lies that the 2012 Sandy Hook Elementary School
shooting was a hoax.

Jones' InfoW LLC and affiliates, IWHealth, LLC and Prison Planet
TV, LLC, filed petitions under Chapter 11, Subchapter V of the
Bankruptcy Code (Bankr. S.D. Texas Lead Case No. 22-60020) on April
18, 2022.

The Debtors agreed to the dismissal of the Chapter 11 cases in June
2022 after the Sandy Hook victim families dismissed the three
bankrupt companies from their lawsuits.

Free Speech Systems filed a voluntary petition for relief under
Subchapter V of Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex.
Case No. 22-60043) on July 29, 2022. In the petition filed by W.
Marc Schwartz, as chief  restructuring officer, the Debtor reported
assets and liabilities between $50 million and $100 million.
Melissa A Haselden has been appointed as Subchapter V trustee.

Alexander E. Jones filed for personal bankruptcy under Chapter 11
of the Bankruptcy Code (Bankr. S.D. Tex. Case No. 4:22-bk-60043) on
Dec. 2, 2022, listing $1 million to $10 million in assets against
liabilities of $1 billion to $10 billion in liabilities.

Raymond William Battaglia, of Law Offices of Ray Battaglia, PLLC,
is FSS's counsel. Raymond W. Battaglia and Crowe & Dunlevy, P.C.,
led by Vickie L. Driver, Christina W. Stephenson, Shelby A. Jordan,
and Antonio Ortiz are representing Alex Jones.



FREE SPEECH: Hook Families Divided on Jones' Asset Distribution
---------------------------------------------------------------
Randi Love of Bloomberg Law reports that Alex Jones liquidation
prompts Sandy Hook families to take sides.

Sandy Hook Elementary School shooting victims' families are split
over how the assets of Alex Jones' Infowars should be distributed
now that a trustee in Jones' personal bankruptcy is seeking to take
control.

The dispute surfaced shortly after a judge threw out the bankruptcy
of Infowars' parent, Free Speech Systems LLC, and converted Jones'
personal bankruptcy case to a liquidation. The families are still
working to collect about $1.5 billion in state court judgments they
won against the right-wing conspiracy theorist and his media
platform related to his false claims that the 2012 massacre was a
hoax.

            About Free Speech Systems

Free Speech Systems LLC is a broadcast media production and
distribution company that provides broadcasting aural programs by
radio to the public. Free Speech Systems is a family-run business
founded by Alex Jones.

FSS is presently engaged in the business of producing and
syndicating Jones' radio and video talk shows and selling products
targeted to Jones' loyal fan base via the Internet. Today, FSS
produces Alex Jones' syndicated news/talk show (The Alex Jones
Show) from Austin, Texas, which airs via the Genesis Communications
Network on over 100 radio stations across the United States and via
the internet through websites including Infowars.com.

Due to the content of Alex Jones' shows, Jones and FSS have faced
an all-out ban of Infowars from mainstream online spaces. Shunning
from financial institutions and banning Jones and FSS from major
tech companies began in 2018.

Conspiracy theorist Alex Jones has been sued by victims' family
members over Jones' lies that the 2012 Sandy Hook Elementary School
shooting was a hoax.

Jones' InfoW LLC and affiliates, IWHealth, LLC and Prison Planet
TV, LLC, filed petitions under Chapter 11, Subchapter V of the
Bankruptcy Code (Bankr. S.D. Texas Lead Case No. 22-60020) on April
18, 2022.

The Debtors agreed to the dismissal of the Chapter 11 cases in June
2022 after the Sandy Hook victim families dismissed the three
bankrupt companies from their lawsuits.

Free Speech Systems filed a voluntary petition for relief under
Subchapter V of Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex.
Case No. 22-60043) on July 29, 2022. In the petition filed by W.
Marc Schwartz, as chief  restructuring officer, the Debtor reported
assets and liabilities between $50 million and $100 million.
Melissa A Haselden has been appointed as Subchapter V trustee.

Alexander E. Jones filed for personal bankruptcy under Chapter 11
of the Bankruptcy Code (Bankr. S.D. Tex. Case No. 4:22-bk-60043) on
Dec. 2, 2022, listing $1 million to $10 million in assets against
liabilities of $1 billion to $10 billion in liabilities.

Raymond William Battaglia, of Law Offices of Ray Battaglia, PLLC,
is FSS's counsel. Raymond W. Battaglia and Crowe & Dunlevy, P.C.,
led by Vickie L. Driver, Christina W. Stephenson, Shelby A. Jordan,
and Antonio Ortiz are representing Alex Jones.







FREE SPEECH: Jones' Ch.11 Trustee Wants Collection Efforts Paused
-----------------------------------------------------------------
Randi Love of Bloomberg Law reports that the liquidating trustee in
Alex Jones' personal bankruptcy asked a judge to temporarily
prevent a pair of families of Sandy Hook Elementary School shooting
victims from collecting assets from Infowars' parent company, Free
Speech Systems LLC.

Jones' 2022 bankruptcy was recently converted to a Chapter 7
liquidation in the US Bankruptcy Court for the Southern District of
Texas. The appointed trustee, Christopher Murray, is tasked with
liquidating Jones' estate to help him pay down approximately $1.5
billion in defamation judgments related to statements the
right-wing conspiracy theorist made calling the 2012 school
shooting a hoax.

Murray seeks a court order confirming his control and signing
authority over Free Speech Systems LLC's bank accounts as he winds
down Jones' bankruptcy estate, according to a Sunday court filing.
He noted that the Jones estate still owns Free Speech, the parent
company of Jones’ media platform Infowars.

The filing came days after a judge in a state court issued an order
granting a pair of families the right to seize Free Speech assets
to pay a more than $50 million judgment they had against the
company.

To properly wind down Free Speech's operations and liquidate its
inventory, the bankruptcy court should pause for 90 days efforts by
Free Speech’s creditors—including some of the Sandy Hook
families—to collect on debts they're owed, the filing said.

Judge Christopher Lopez tossed out Free Speech's Chapter 11 earlier
this month, allowing the families to pursue their judgments in
state courts.

Lopez also authorized Free Speech's chief restructuring officer to
transfer control over the company's bank accounts to Murray as
Jones' liquidation trustee, according to a June 21, 2024 dismissal
order.

The state court order adversely affected the liquidating trustee's
rights, he said in the Sunday filing.

"The specter of a pell-mell seizure of FSS's assets, including its
cash, threatens to throw the business into chaos, potentially
stopping it in its tracks, to the detriment of the interests of the
Chapter 7 estate for which the trustee is responsible," the filing
said.

Porter Hedges LLP represents the trustee.

The case is In re: Alex Jones, Bankr. S.D. Tex., No. 22-33553,
emergency motion 6/23/24.

                  About Free Speech Systems

Free Speech Systems LLC is a broadcast media production and
distribution company that provides broadcasting aural programs by
radio to the public. Free Speech Systems is a family-run business
founded by Alex Jones.

FSS is presently engaged in the business of producing and
syndicating Jones' radio and video talk shows and selling products
targeted to Jones' loyal fan base via the Internet. Today, FSS
produces Alex Jones' syndicated news/talk show (The Alex Jones
Show) from Austin, Texas, which airs via the Genesis Communications
Network on over 100 radio stations across the United States and via
the internet through websites including Infowars.com.

Due to the content of Alex Jones' shows, Jones and FSS have faced
an all-out ban of Infowars from mainstream online spaces. Shunning
from financial institutions and banning Jones and FSS from major
tech companies began in 2018.

Conspiracy theorist Alex Jones has been sued by victims' family
members over Jones' lies that the 2012 Sandy Hook Elementary School
shooting was a hoax.

Jones' InfoW LLC and affiliates, IWHealth, LLC and Prison Planet
TV, LLC, filed petitions under Chapter 11, Subchapter V of the
Bankruptcy Code (Bankr. S.D. Texas Lead Case No. 22-60020) on April
18, 2022.

The Debtors agreed to the dismissal of the Chapter 11 cases in June
2022 after the Sandy Hook victim families dismissed the three
bankrupt companies from their lawsuits.

Free Speech Systems filed a voluntary petition for relief under
Subchapter V of Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex.
Case No. 22-60043) on July 29, 2022. In the petition filed by W.
Marc Schwartz, as chief  restructuring officer, the Debtor reported
assets and liabilities between $50 million and $100 million.
Melissa A Haselden has been appointed as Subchapter V trustee.

Alexander E. Jones filed for personal bankruptcy under Chapter 11
of the Bankruptcy Code (Bankr. S.D. Tex. Case No. 4:22-bk-60043) on
Dec. 2, 2022, listing $1 million to $10 million in assets against
liabilities of $1 billion to $10 billion in liabilities.

Raymond William Battaglia, of Law Offices of Ray Battaglia, PLLC,
is FSS's counsel. Raymond W. Battaglia and Crowe & Dunlevy, P.C.,
led by Vickie L. Driver, Christina W. Stephenson, Shelby A. Jordan,
and Antonio Ortiz are representing Alex Jones.


FTX GROUP: Class Action Attys Can't Stop Chapter 11 Plan Vote
-------------------------------------------------------------
Becky Yerak of The Wall Street Journal reports that FTX
class-action attorneys can't hold up bankruptcy plan vote over
forfeiture dispute.

FTX bankruptcy lawyers won a fight against class-action attorneys
who are battling the defunct crypto company over the rights to
distribute a $1.2 billion pot of forfeited funds, with a bankruptcy
judge agreeing they aren't creditors and lack standing to object to
FTX's chapter 11 voting process.

The fallout from the collapse of the crypto exchange in late 2022
has included bankruptcy in Wilmington, Del., criminal charges in
New York and consolidated civil lawsuits, known as multidistrict
litigation, or MDL, in Miami. FTX bankruptcy lawyers are now
fighting with MDL lawyers whom the company has accused of trying to
divert $1.2 billion in assets that are part of a forfeiture in a
U.S. Justice Department proceeding so they can pocket up to $400
million in legal fees. Those funds could otherwise go to creditors
in the bankruptcy, according to FTX.

                About FTX Group

FTX is the world's second-largest cryptocurrency firm. FTX is a
cryptocurrency exchange built by traders, for traders. FTX offers
innovative products including industry-first derivatives, options,
volatility products and leveraged tokens.

Then CEO and co-founder Sam Bankman-Fried said Nov. 10, 2022, that
FTX paused customer withdrawals after it was hit with roughly $5
billion worth of withdrawal requests.

Faced with liquidity issues, FTX on Nov. 9, 2022, struck a deal to
sell itself to its giant rival Binance, but Binance walked away
from the deal amid reports on FTX regarding mishandled customer
funds and alleged US agency investigations. Bankman-Fried agreed to
step aside, and restructuring vet John J. Ray III was quickly
named
new CEO.

FTX Trading Ltd (d/b/a FTX.com), West Realm Shires Services Inc.
(d/b/a FTX US), Alameda Research Ltd. and certain affiliated
companies then commenced Chapter 11 proceedings (Bankr. D. Del.
Lead Case No. 22-11068) on an emergency basis on Nov. 11, 2022.
Additional entities sought Chapter 11 protection on Nov. 14, 2022.

FTX Trading and its affiliates each listed $10 billion to $50
billion in assets and liabilities, making FTX the biggest
bankruptcy filer in the US this year.  

According to Reuters, SBF shared a document with investors on Nov.
10, 2022, showing FTX had $13.86 billion in liabilities and $14.6
billion in assets. However, only $900 million of those assets were
liquid, leading to the cash crunch that ended with the company
filing for bankruptcy.

The Hon. John T. Dorsey is the case judge.

The Debtors tapped Sullivan & Cromwell, LLP as bankruptcy counsel;
Landis Rath & Cobb, LLP as local counsel; and Alvarez & Marsal
North America, LLC as financial advisor. Kroll is the claims agent,
maintaining the page https://cases.ra.kroll.com/FTX/Home-Index

The Official Committee of Unsecured Creditors tapped Paul Hastings
as counsel, FTI Consulting, Inc., as financial advisor, and
Jefferies LLC as the investment banker. Young Conaway Stargatt &
Taylor LLP is the Committee's Delaware and conflicts counsel.

Montgomery McCracken Walker & Rhoads LLP, led by partners Gregory
T. Donilon, Edward L. Schnitzer, and David M. Banker, is
representing Sam Bankman-Fried in the Chapter 11 cases.

White-collar crime specialist Mark S. Cohen has reportedly been
hired to represent SBF in litigation. Lawyers at Paul Weiss
previously represented SBF but later renounced representing the
entrepreneur due to a conflict of interest.





FTX GROUP: Customers Vote on Repayment Plan
-------------------------------------------
Jonathan Randles of Bloomberg News reports that FTX customers to
vote on multi-billion dollar repayment plan.

FTX customers will be asked in the coming weeks to vote on the
failed crypto exchange's multi billion dollar plan for compensating
victims whose assets have been locked on the platform since it
collapsed.

Judge John Dorsey said Tuesday, June 25, 2024, he'll authorize FTX
bankruptcy advisers to begin soliciting creditor votes on a
sweeping Chapter 11 plan to repay customers and resolve billions of
dollars in government penalties related to the fraud-fueled
implosion of Sam Bankman-Fried's crypto business.

The decision represents a major milestone in resolving the nearly
two-year-old bankruptcy.

                About FTX Group

FTX is the world's second-largest cryptocurrency firm. FTX is a
cryptocurrency exchange built by traders, for traders. FTX offers
innovative products including industry-first derivatives, options,
volatility products and leveraged tokens.

Then CEO and co-founder Sam Bankman-Fried said Nov. 10, 2022, that
FTX paused customer withdrawals after it was hit with roughly $5
billion worth of withdrawal requests.

Faced with liquidity issues, FTX on Nov. 9, 2022, struck a deal to
sell itself to its giant rival Binance, but Binance walked away
from the deal amid reports on FTX regarding mishandled customer
funds and alleged US agency investigations. Bankman-Fried agreed to
step aside, and restructuring vet John J. Ray III was quickly named
new CEO.

FTX Trading Ltd (d/b/a FTX.com), West Realm Shires Services Inc.
(d/b/a FTX US), Alameda Research Ltd. and certain affiliated
companies then commenced Chapter 11 proceedings (Bankr. D. Del.
Lead Case No. 22-11068) on an emergency basis on Nov. 11, 2022.
Additional entities sought Chapter 11 protection on Nov. 14, 2022.

FTX Trading and its affiliates each listed $10 billion to $50
billion in assets and liabilities, making FTX the biggest
bankruptcy filer in the US this year.  

According to Reuters, SBF shared a document with investors on Nov.
10, 2022, showing FTX had $13.86 billion in liabilities and $14.6
billion in assets. However, only $900 million of those assets were
liquid, leading to the cash crunch that ended with the company
filing for bankruptcy.

The Hon. John T. Dorsey is the case judge.

The Debtors tapped Sullivan & Cromwell, LLP as bankruptcy counsel;
Landis Rath & Cobb, LLP as local counsel; and Alvarez & Marsal
North America, LLC as financial advisor. Kroll is the claims agent,
maintaining the page https://cases.ra.kroll.com/FTX/Home-Index

The Official Committee of Unsecured Creditors tapped Paul Hastings
as counsel, FTI Consulting, Inc., as financial advisor, and
Jefferies LLC as the investment banker. Young Conaway Stargatt &
Taylor LLP is the Committee's Delaware and conflicts counsel.

Montgomery McCracken Walker & Rhoads LLP, led by partners Gregory
T. Donilon, Edward L. Schnitzer, and David M. Banker, is
representing Sam Bankman-Fried in the Chapter 11 cases.

White-collar crime specialist Mark S. Cohen has reportedly been
hired to represent SBF in litigation. Lawyers at Paul Weiss
previously represented SBF but later renounced representing the
entrepreneur due to a conflict of interest.



FTX GRP: CoinShares Intl. Ltd. Sells Its Claim in the Co.
---------------------------------------------------------
Maria Nikolova of FX News reports that CoinShares sells FTX claim.

CoinShares International Limited, a European investment company
specialising in digital assets, today announced the successful sale
of its FTX claim.

The agreement, subject to customary closing conditions, will yield
a recovery rate of 116% net of broker fees, resulting in a return
of £31.32 million on a £26.6 million claim.

The increased financial flexibility resulting from this transaction
will allow CoinShares to reinvest in growth opportunities.

Jean-Marie Mognetti, CEO of CoinShares, commented:

"The resolution of the FTX situation has been highly favourable for
CoinShares. This exceptional recovery rate is a testament to the
diligence and expertise of our team. We remain dedicated to
leveraging this success to reward our shareholders and to drive
further growth and innovation within the digital asset industry."

In November 2022, FTX Trading Ltd. (d.b.a. FTX.com), announced that
it, West Realm Shires Services Inc. (d.b.a. FTX US), Alameda
Research Ltd. and approximately 130 additional affiliated companies
(together, the "FTX Group"), commenced voluntary proceedings under
Chapter 11 of the United States Bankruptcy Code in the District of
Delaware.

            About FTX Group

FTX is the world's second-largest cryptocurrency firm. FTX is a
cryptocurrency exchange built by traders, for traders. FTX offers
innovative products including industry-first derivatives, options,
volatility products and leveraged tokens.

Then CEO and co-founder Sam Bankman-Fried said Nov. 10, 2022, that
FTX paused customer withdrawals after it was hit with roughly $5
billion worth of withdrawal requests.

Faced with liquidity issues, FTX on Nov. 9, 2022, struck a deal to
sell itself to its giant rival Binance, but Binance walked away
from the deal amid reports on FTX regarding mishandled customer
funds and alleged US agency investigations. Bankman-Fried agreed to
step aside, and restructuring vet John J. Ray III was quickly named
new CEO.

FTX Trading Ltd (d/b/a FTX.com), West Realm Shires Services Inc.
(d/b/a FTX US), Alameda Research Ltd. and certain affiliated
companies then commenced Chapter 11 proceedings (Bankr. D. Del.
Lead Case No. 22-11068) on an emergency basis on Nov. 11, 2022.
Additional entities sought Chapter 11 protection on Nov. 14, 2022.

FTX Trading and its affiliates each listed $10 billion to $50
billion in assets and liabilities, making FTX the biggest
bankruptcy filer in the US this year.  

According to Reuters, SBF shared a document with investors on Nov.
10, 2022, showing FTX had $13.86 billion in liabilities and $14.6
billion in assets. However, only $900 million of those assets were
liquid, leading to the cash crunch that ended with the company
filing for bankruptcy.

The Hon. John T. Dorsey is the case judge.

The Debtors tapped Sullivan & Cromwell, LLP as bankruptcy counsel;
Landis Rath & Cobb, LLP as local counsel; and Alvarez & Marsal
North America, LLC as financial advisor. Kroll is the claims agent,
maintaining the page https://cases.ra.kroll.com/FTX/Home-Index

The Official Committee of Unsecured Creditors tapped Paul Hastings
as counsel, FTI Consulting, Inc., as financial advisor, and
Jefferies LLC as the investment banker. Young Conaway Stargatt &
Taylor LLP is the Committee's Delaware and conflicts counsel.

Montgomery McCracken Walker & Rhoads LLP, led by partners Gregory
T. Donilon, Edward L. Schnitzer, and David M. Banker, is
representing Sam Bankman-Fried in the Chapter 11 cases.

White-collar crime specialist Mark S. Cohen has reportedly been
hired to represent SBF in litigation. Lawyers at Paul Weiss
previously represented SBF but later renounced representing the
entrepreneur due to a conflict of interest.


FTX TRADING: Fine-Tunes Plan Documents; Confirmation Hearing Oct. 7
-------------------------------------------------------------------
FTX Trading Ltd., and its Affiliated Debtors submitted a Revised
Disclosure Statement and Revised Plan dated June 27, 2024.

On June 26, 2024, the Court issued its opinion and order with
respect to the pricing of the MAPS, OXY, SRM and BOBA tokens

These chapter 11 cases have given the Debtors the breathing room
necessary for new, experienced independent directors and management
to assemble the remnants of the Debtors and amass their assets to
repay customers and other stakeholders.

The Plan provides that substantially all remaining assets of the
Debtors will be held in a single "Consolidated Wind Down Trust."
The Consolidated Wind Down Trust will conduct business only as
appropriate for its business purpose: to liquidate its remaining
assets and fund cash distributions to creditors. The Consolidated
Wind Down Trust will hold all cash, all of the remaining assets and
shares in certain subsidiaries that will be wound down outside of
these chapter 11 cases under applicable law.

As of the date of this Disclosure Statement, the Debtors have
projected an estimated total value of Net Distributable Proceeds
between $14.7 and $16.5 billion. This estimate is composed of (1)
the Debtors' projected cash on hand as of October 31, 2024, the
projected effective date of the Plan (the "Assumed Effective
Date"), (2) proceeds to be monetized after the Assumed Effective
Date, and (3) the projected costs of the Wind Down Budget.

Like in the prior iteration of the Plan, each Holder of an Allowed
PropCo General Unsecured Claim shall receive payment in Cash in an
amount equal to such Holder's Pro Rata share of the proceeds from
the sale, disposition or other monetization of the Bahamas
Properties available to pay PropCo General Unsecured Claims, in
accordance with the waterfall priority.

Distributions under the Plan shall be funded from (a) Cash on hand,
(b) Available NFTs, (c) Wind Down Cash Proceeds, and (d) any other
Plan Assets, except as expressly set forth herein.

During the period from the Confirmation Date through and until the
Effective Date, the Debtors may continue to operate as debtors-in
possession, subject to all applicable orders of the Bankruptcy
Court.

                       Wind Down Entities

The purpose of the Wind Down Entities is to engage in business
after the Effective Date for so long as may be necessary to
monetize the Plan Assets and pay Distributions, in each case as
promptly as reasonably practicable. The Wind Down Entities shall
manage and hold Plan Assets for sale; sell Plan Assets; administer,
and close as necessary, the Chapter 11 Cases; administer,
reconcile, resolve and settle claims; and liquidate the Debtors and
their non-Debtor subsidiaries pursuant to the terms of the Plan
Supplement.

The Wind Down Entities are intended to qualify as "liquidating
trusts" for U.S. federal income tax purposes. The IRS, in Revenue
Procedure 94-45, 1994-2 C.B. 684, set forth the general criteria
for obtaining an IRS ruling as to the grantor trust status of a
liquidating trust under a chapter 11 plan. The Wind Down Entities
are intended to be structured to comply with such general
criteria.
In conformity with Revenue Procedure 94-45, all parties (including,
without limitation, the Debtors, the Wind Down Entities, the Plan
Administrator, and Holders of Allowed Claims) shall treat, for U.S.
federal income tax purposes, the Wind Down Entities as a grantor
trust of which the Holders of Allowed Claims against the Wind Down
Entities are the owners and grantors. Taxable income, gain and
losses of the Wind Down Entities shall be allocated among the
deemed beneficiaries of such Wind Down Entities.

The Bankruptcy Court has scheduled the hearing to consider
confirmation of the Plan for October 7, 2024 at 10 a.m. Objections
to confirmation of the Plan must be filed on or before August 16,
2024.

A full-text copy of the Revised Disclosure Statement dated June 27,
2024 is available at https://urlcurt.com/u?l=1AfG16 from Kroll, the
claims agent.

Counsel for the Debtors:         

         Andrew G. Dietderich, Esq.
         James L. Bromley, Esq.
         Brian D. Glueckstein, Esq.
         Alexa J. Kranzley, Esq.
         SULLIVAN & CROMWELL LLP
         125 Broad Street
         New York, NY 10004
         Telephone: (212) 558-4000
         Facsimile: (212) 558-3588
         E-mail: dietdericha@sullcrom.com
                 bromleyj@sullcrom. com
                 gluecksteinb@sullcrom. com
                 lkranzleya@sullcrom. com

         Adam G. Landis, Esq.
         Kimberly A. Brown, Esq.
         Matthew R. Pierce, Esq.
         LANDIS RATH & COBB LP
         919 North Market Street, Suite 1800
         Wilmington, DE 19801
         Tel: (302) 467-4400
         E-mail: landis@lrclaw.com
                 brown@lrclaw.com
                 pierce@lrclaw.com

                    About FTX Trading Ltd.

FTX is the world's second-largest cryptocurrency firm. FTX is a
cryptocurrency exchange built by traders, for traders. FTX offers
innovative products including industry-first derivatives, options,
volatility products and leveraged tokens.

Then CEO and co-founder Sam Bankman-Fried said Nov. 10, 2022, that
FTX paused customer withdrawals after it was hit with roughly $5
billion worth of withdrawal requests.

Faced with liquidity issues, FTX on Nov. 9 struck a deal to sell
itself to its giant rival Binance, but Binance walked away from the
deal amid reports on FTX regarding mishandled customer funds and
alleged US agency investigations.

At 4:30 a.m. on Nov. 11, Bankman-Fried ultimately agreed to step
aside, and restructuring vet John J. Ray III was quickly named new
CEO.

FTX Trading Ltd (d/b/a FTX.com), West Realm Shires Services Inc.
(d/b/a FTX US), Alameda Research Ltd. and certain affiliated
companies then commenced Chapter 11 proceedings (Bankr. D. Del.
Lead Case No. 22-11068) on an emergency basis on Nov. 11, 2022.
Additional entities sought Chapter 11 protection on Nov. 14, 2022.

FTX Trading and its affiliates each listed $10 billion to $50
million in assets and liabilities, making FTX the biggest
bankruptcy filer in the US this year.  According to Reuters, SBF
shared a document with investors on Nov. 10 showing FTX had $13.86
billion in liabilities and $14.6 billion in assets.  However, only
$900 million of those assets were liquid, leading to the cash
crunch that ended with the company filing for bankruptcy.

The Hon. John T. Dorsey is the case judge.

The Debtors tapped Sullivan & Cromwell, LLP as bankruptcy counsel;
Landis Rath & Cobb, LLP as local counsel; and Alvarez & Marsal
North America, LLC as financial advisor.  Kroll is the claims
agent, maintaining the
pagehttps://cases.ra.kroll.com/FTX/Home-Index

The official committee of unsecured creditors tapped Paul Hastings
as bankruptcy counsel; Young Conaway Stargatt & Taylor, LLP as
Delaware and conflicts counsel; FTI Consulting, Inc. as financial
advisor; and Jefferies, LLC as investment banker.

Montgomery McCracken Walker & Rhoads LLP, led by partners Gregory
T. Donilon, Edward L. Schnitzer, and David M. Banker, is
representing Sam Bankman-Fried in the Chapter 11 cases.
White-collar crime specialist Mark S. Cohen has reportedly been
hired to represent SBF in litigation.  Lawyers at Paul Weiss
previously represented SBF but later renounced representing the
entrepreneur due to a conflict of interest.


GATEWAY AT WYNWOOD: Seeks Chapter 11 Bankruptcy Protection
----------------------------------------------------------
Brian Bandell of South Florida Business Journal reports that the
owners of the Gateway at Wynwood office building and a neighboring
bank office filed Chapter 11 reorganization a day before a
scheduled foreclosure auction was set to take their properties
away.

The Gateway at Wynwood LLC and 2830 Wynwood Properties both
submitted Chapter 11 petitions July 1 in U.S. Bankruptcy Court for
the Eastern District of New York, as both companies are based in
Valley Stream on Long Island. David Goldwasser signed the petitions
as chief restructuring officer of both companies.

New York-based attorney Kevin Nash, who represents the debtors,
couldn't be reached for comment.

In June, Wilmington Trust, as part of a commercial mortgage-backed
securities (CMBS) trust, won a $111.9 million foreclosure judgment
against Gateway at Wynwood LLC and 2830 Wynwood Properties over a
mortgage with $101.7 million in principal outstanding, plus
interest and fees. The 14-story office building at 2916 N. Miami
Ave., which is between Wynwood and Midtown Miami, and the
5,187-square-foot bank branch at 2830 N. Miami Ave. were slated for
court auction July 2. That auction was canceled due to the
bankruptcy filing.

However, on June 27, 2024 the CMBS trust assigned its right to bid
through the final judgment at auction to 2916-2994 Gateway LLC,
managed by Trevor Smith of CIRE Real Estate Advisors in San Diego.

The office building totals 418,337 square feet, with about 200,000
square feet of office space, 25,000 square feet of retail and 490
parking spaces. It was completed on the 1.11-acre site in 2021.

The bank branch is occupied by Chase Bank. Situated on an
11,383-square-foot site, the building was purchased for $7.4
million in 2015.

The CMBS trust filed a foreclosure lawsuit in March, alleging that
the borrower started missing payments in December 2023.

In a declaration attached to the Chapter 11 petition, Goldwasser
said the Gateway at Wynwood was 70% leased and is believed to have
a value in excess of $100 million, with a potential value of $120
million if it could become "stabilized" with more tenants.

"As leasing activity continues, the value of the project will only
increase, and the project has drawn the interest of various
potential investors with strong financial backing," Goldwasser
stated.

The Chapter 11 petition did not list all of the creditors, but
Goldwasser stated that various contractors, brokers and service
providers will be creditors. The debtors have nearly $1.7 million
in operating funds and security deposits in the bank.

In the declaration, Goldwasser noted that the developers overcame a
"completely unanticipated cyberattack" in 2020 when a payment of $3
million to the general contractor was diverted and stolen by
internet thieves. The debtors are pursuing claims to recover that
payment, but it lost valuable cash liquidity due to that situation,
he stated.

In addition, when the initial construction loan matured in 2022,
there was a dramatic change in the credit markets, and the efforts
to sell the property ran into difficulties, so the debtors opted
for short-term refinancing, Goldwasser stated.

Tenants in the Gateway at Wynwood include the Central Rock Gym,
Miami Labs, Marcus & Millichap, Vacation Capital Group, Thoma
Bravo, Simon Miami Office, Veru and Spearmint Renewable Development
Co.

The Chapter 11 petition lists the owner of both companies as the
Gateway Trust No. 1, with Charles Wertman as trustee.

                About The Gateway at Wynwood

Gateway at Wynwood LLC owns a mixed-use office development project
in Miami, FL known as the Gateway at Wynwood located at 2916 North
Miami Avenue, Florida. The Project is fully built and completed
with a certificate of occupancy in place and consists of
approximately 450,000 total square feet, including 195,000 square
feet of Class A commercial office space, plus associated retail
space and multiple floors of covered parking.

Gateway at Wynwood LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D.N.Y. Lead Case No. 24-72586) on July 1,
2024.  In the petition signed by David Goldwasser, as chief
restructuring officer, the Debtor estimated assets and liabilities
between $100 million and $500 million.  The Honorable Bankruptcy
Judge Louis A. Scarcella oversees the case.


GIRARDI & KEESE: Tom Tells Court FBI Agents Violated His Rights
---------------------------------------------------------------
Brandon Lowrey of Law 360 reports that Tom Girardi told a
California federal judge that FBI agents violated his
constitutional rights by obtaining evidence from his law firm's
bankruptcy trustee without a search warrant, an argument that, if
successful, could hamstring prosecutors in his upcoming wire fraud
trial and shake up law enforcement's dealings with trustees.

                      About Girardi & Keese

Girardi and Keese or Girardi & Keese was a Los Angeles-based law
firm founded in 1965 by lawyers Thomas Girardi and Robert Keese. It
served clients in California in a variety of legal areas. It was
known for representing plaintiffs against major corporations.

An involuntary Chapter 7 petition (Bankr. C.D. Cal. Case No.
20-21022) was filed in December 2020 against GIRARDI KEESE by
alleged creditors Jill O'Callahan, Robert M. Keese, John Abassian,
Erika Saldana, Virginia Antonio, and Kimberly Archie.

The petitioners' attorneys:

         Andrew Goodman
         Goodman Law Offices, Apc
         Tel: 818-802-5044
         E-mail: agoodman@andyglaw.com

Elissa D. Miller, a member of the firm SulmeyerKupetz, has been
appointed as Chapter 7 trustee for GIRARDI KEESE. The Chapter 7
trustee can be reached at:

         Elissa D. Miller
         333 South Grand Ave., Suite 3400
         Los Angeles, California 90071-1406
         Telephone: (213) 626-2311
         Facsimile: (213) 629-4520
         E-mail: emiller@sulmeyerlaw.com

An involuntary Chapter 7 petition was also filed against Thomas
Vincent Girardi (Case No. 20-21020) on Dec. 18, 2020. The Chapter 7
trustee can be reached at:

         Jason M. Rund
         Email: trustee@srlawyers.com
         840 Apollo Street, Suite 351
         El Segundo, CA 90245




GREENROSE HOLDING: Hits $6.5 Million Chapter 7 Bankruptcy
---------------------------------------------------------
Emlyn Cameron of Law360 reports that cannabis business Greenrose
Holding Co. Inc. files $6.5 million Chapter 7 in New York.

The Greenrose Holding Co. Inc., a cultivator and distributor of
cannabis products, filed for Chapter 7 in a New York bankruptcy
court, claiming over $6.5 million in liabilities it seeks to
address through liquidation.

         About Greenrose Holding Co. Inc.

Greenrose Holding Co. Inc. operates as a cannabis company. The
Company grows, cultivates, and produces cannabis brands and
products. Greenrose Holding serves customers in the United States.
[BN]

Greenrose Holding Co. Inc. sought relief under Chapter 7 of the
U.S. Bankruptcy Code (Bankr. E.D.N.Y. Case No. 24-72384) on June
18, 2024. In its petition, the Debtor reports over $6.5 million in
liabilities.

Honorable Bankruptcy Judge Robert E. Grossman oversees the case.

The Debtor is represented by:

     Scott Markowitz, Esq.
     TARTER KRINSKY & DROGIN LLP
     1350 Broadway, 11th Floor
     New York, NY 10018
     Tel: (212) 216-8005
     Email: smarkowitz@tarterkrinsky.com




GULF SOUTH: Plan Exclusivity Period Extended to August 14
---------------------------------------------------------
Judge John S. Hodge of the U.S. Bankruptcy Court for the Western
District of Louisiana extended Gulf South Energy Services, LLC's
exclusive periods to file a plan of reorganization and obtain
acceptance thereof to August 14 and October 13, 2024,
respectively.

As shared by Troubled Company Reporter, the Debtor is in the
business of providing flowback, well-testing, torque & test,
equipment rental, and wireline services, and related services
through employees and third parties, including, but not limited to,
drilling and completion equipment, drilling and completion wireline
equipment, wireline engineers, wireline operators, flowback
equipment, flowback supervisors, flowback operators, well-test
equipment, well-test supervisors, and well test operators to its
clients.

The Debtor has not been able to formulate the treatment for several
substantial claims. Significant unresolved issues exist regarding,
among others, a secured claim filed by Bank of Brenham N.A. in the
amount of $1,165,125.17, a secured claim filed by b1 Bank in the
amount of $1,770,750.25, and a priority claim filed by the Internal
Revenue Service estimated at $526,682.06.

In the absence of meaningful resolution of significant claims
disputes, including, inter alia, the secured claim filed by Bank of
Brenham N.A., the secured claim filed by b1 Bank, and a priority
claim filed by the Internal Revenue Service, the Debtor will not be
able to draft and present for consideration a plan that would be in
the best interest of the estate, the creditors, and the Debtor and
likely provide the most expeditious path to confirmation.

Further, no party in interest will suffer any prejudice from
granting the requested relief. On the other hand, if the Court
declines to extend the Exclusivity Period, the Debtor believes that
the interests of all of its creditors and other parties in interest
will be harmed and that its progress towards a successful
reorganization would be severely hampered. Litigation of any
competing plan would cause undue expense to the estate.

Gulf South Energy Services, LLC, is represented by:

     Curtis R. Shelton, Esq.
     AYRES, SHELTON, WILLIAMS, BENSON & PAINE, LLC
     Suite 1400, Regions Tower
     3333 Texas Street (71101)
     P.O. Box 1764
     Shreveport, LA 71166-1764
     Telephone: (318) 227-3500
     Facsimile: (318) 227-3806
     E-mail: curtisshelton@awsw-law.com

                About Gulf South Energy Services

Gulf South Energy Services, LLC, is an oil & natural gas company in
Shreveport, Louisiana.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. W.D. La. Case No. 24-10178) on Feb. 16, 2024.  In the
petition signed by Todd Davis, managing member, the Debtor
disclosed up to $50 million in both assets and liabilities.

Judge John S. Hodge oversees the case.

Robert W. Raley, Esq., is the Debtor's legal counsel.


HAWAIIAN ELECTRIC: Gets Court Okay for $250Mil. Credit Line
-----------------------------------------------------------
Mark Chediak of Bloomberg News reports that the Hawaiian Electric
Co. gets approval for $250 million credit line.

Hawaiian Electric Co., a unit of Hawaiian Electric Industries, said
it got regulatory approval for a $250 million asset-based revolving
credit line to help support its financing needs.

"This will help support the important operational work underway by
Hawaiian Electric to support safety, resilience and reliability.
Hawaiian Electric continues to prudently manage liquidity as we
work through the timing and impacts of litigation related to the
Maui wildfires," CEO Scott Seu said in a statement.

                   About Hawaiian Electric Co.

Hawaiian Electric is the largest supplier of electricity in the
U.S. state of Hawaii.


HIGH LINER: Moody's Rates New $240MM First Lien Term Loan 'B2'
--------------------------------------------------------------
Moody's Ratings has assigned a B2 rating to the proposed $240
million senior secured first lien term loan B due 2031 issued by
High Liner Foods Incorporated. The company's B1 corporate family
rating, B1-PD probability of default rating, B2 rating on the
senior secured first lien term loan B due 2026 and SGL-3
speculative grade liquidity rating remains unchanged. The outlook
is stable.

"The proposed $240 million issuance is leverage neutral because the
proceeds will be used repay the outstanding $241 million term loan
B due 2026. Furthermore, it strengthens High Liners' liquidity by
extending its maturity profile to 2031", said Moody's Ratings
analyst Dion Bate.

The B2 rating assigned to the $265.1 million ($241 million as of
March 30, 2024) term loan B due 2026 will be withdrawn once fully
repaid.

RATINGS RATIONALE

High Liner's rating benefits from: (1) moderate financial leverage
with debt/EBITDA projected to trend toward 3x for the next 12 to 18
months from 2.7x as of the last twelve months to March 31, 2024,
reflecting softer consumer demand expectations; (2) good market
positions in the processing of seafood for both retail and food
service channels in Canada and the US; (3) well-known brands with
long standing customer relationships, which provides a competitive
advantage in the fragmented seafood industry; and (4) attractive
long term growth prospects for seafood consumption.

However, the company's rating is constrained by: (1) a weak
consumer environment with consumers shifting their spending toward
cheaper offerings within seafood and to other meat proteins
(chicken, beef and pork); (2) its narrowly focused seafood
processing operation which competes with other meat proteins; (3)
exposure to a mature North American seafood market that requires
ongoing investment in innovation and marketing; and (4) low
operating margins.

The stable rating outlook reflects Moody's expectation that,
despite the difficult consumer environment over the next 12-18
months, High Liner's credit metrics are expected to remain
relatively stable with debt/EBITDA remaining below 3.5x.

High Liner has adequate liquidity (SGL-3) with about $180 million
of liquidity sources to cover $6 million of scheduled debt
maturities and Moody's estimate of around $10 million of negative
free cash flow through June 2025. Sources of liquidity include
pro-forma cash of $9 million and $181 million of borrowing base
availability under the company's $200 million ABL facility that
expires in April 2027. The company's term loan B facility is
subject to a total leverage ratio of 6.5x which Moody's do not
expect to be breached in the next four quarters. High Liner has
limited ability to generate liquidity from asset sales.

The B2 rating on the company's proposed $240 million secured term
loan is one notch below the CFR, reflecting the term loan holders'
subordinate position behind the $200 million asset based revolving
credit facility (not rated) given the revolver's preferential
access to liquid assets and the lack of loss absorption cushion
given no junior debt in the capital structure.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATING

High Liner's rating is unlikely to be upgraded given its moderate
scale and product concentration in seafood. However, positive
rating pressure could develop if: scale and diversification
improves; it maintains strong leverage with adjusted debt/EBITDA
sustainably below 3x; improves its EBITA margins to over 10% and
free cash flow/debt exceeds 10% on a sustained basis.

Negative rating pressure could develop if: adjusted debt/EBITDA
increases above 4.5x, possibly due to material declines in
operating performance or demonstrates aggressive financial
policies; and if the company's liquidity deteriorates, possibly due
to negative free cash flow generation for an extended period.

High Liner Foods Incorporated is a leading North American processor
and marketer of value-added frozen seafood (mostly fish), serving
the retail (32% of 2023 lbs sales) and foodservice channels (68% of
2023 lbs sales) in Canada and the US (22% and 78% of 2023 lbs sales
respectively).

The principal methodology used in this rating was Consumer Packaged
Goods published in June 2022.


HOBBS & ASSOCIATES: Moody's Assigns First Time 'B2' CFR
-------------------------------------------------------
Moody's Ratings has assigned a B2 corporate family rating and a
B2-PD probability of default rating to Hobbs & Associates, LLC
("Hobbs", "the company"), a Viriginia-based commercial heating,
ventilation, and air conditioning (HVAC) independent rep firm and
solutions provider. Note, Hobbs now operates under its new
corporate brand name Air Control Concepts. Moody's also assigned B2
backed senior secured first-lien bank credit facilities ratings to
Hobbs' new $100 million revolving credit facility, $700 million
term loan, and $50 million delay draw term loan. The outlook is
stable.

Proceeds from the proposed first-lien term loan will be used to pay
off $492 million of existing debt, fund business acquisitions, add
cash to the balance sheet, and pay transaction fees. Moody's
anticipate aggressive financial strategies, notably through the use
of debt proceeds to complete acquisitions over the next several
years. In addition, at the time of debt issuance, the company will
have a concentrated equity ownership and operate at a significantly
larger scale than ever before. As such, governance considerations,
given the transformative nature of the transaction, are a key
driver of the assigned ratings.

RATINGS RATIONALE

Hobbs' B2 CFR reflects the company's rapid growth via acquisitions,
asset light and flexible business model with attractive
profitability margins and cash flow, low customer concentration,
variable cost structure, and favorable position within a large,
stable and growing HVAC market that is benefitting from positive
industry trends and that Moody's expect to result in high single
digit revenue growth over the next several years. In addition, the
company's history of operating at moderate stable leverage levels
support the rating.

The company's credit profile is negatively impacted by its short
history of operating at a much larger size than in the past ($1.1
billion revenue size pro-forma as of the LTM period ended March 31,
2024) and under its new ownership structure, with Madison Dearborn
Partners as controlling owner. In addition, the company has
operated at  moderate leverage levels of approximately 4.0x, as
measured by debt to EBITDA, and pursued a continued aggressive
debt-funded growth strategy through acquisitions.

The B2 ratings for the company's senior secured bank debt are
derived from the B2 CFR and the application of Moody's a Loss Given
Default for Speculative-Grade Companies methodology.  The B2
secured debt ratings are consistent with the CFR, as the new
secured debt instruments account for the preponderance of the
company's debt structure and rank pari passu in the capital
structure.

Moody's view Hobbs' liquidity as good, with a pro forma cash
balance of roughly $66 million as of March 31, 2024. Moody's expect
the company to generate $25 million of free cash flow over the next
12 to 15 months, corresponding to free cash flow to debt of at
least 3%. The company will have a new $100 million revolving credit
facility (undrawn at closing) fully available also supports its
liquidity profile. The revolver might be needed to fund seasonal
cash needs and potential acquisitions.

There are no financial covenants applicable to the proposed term
loan and delay draw term loan. The proposed revolver is subject to
springing first lien net leverage below 7.75x, which is tested when
the revolver is 40% or more drawn. Moody's expect that the company
would be able to maintain an ample cushion under its financial
covenant if it is tested over the next 12 to 15 months.

The stable outlook reflects Moody's view that Hobbs & Associates,
LLC will expand its revenue base through acquisitions as well as
organically, while maintaining moderate leverage with debt to
EBITDA of around 4.5-5.0x, EBITA to interest of approximately 2.5x,
underpinned by healthy cash balances and positive free cash flow
generation. Moody's expect that future acquisitions will be funded
primarily through a combination of incremental debt and additional
cash flow via mid to high single digit organic growth rates.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

The ratings could be upgraded if Hobbs & Associates, LLC
experiences sustained revenue growth and success operating on a
larger scale, demonstrating an improvement in free cash flow on a
sustained basis; maintains moderate leverage with debt to EBITDA
approaching 4.0x; EBITA/Interest sustained above 2.5x; EBITDA
margins approaching 15%; and, if the company maintains a good
liquidity profile.

The ratings could be downgraded if revenue growth slows or
profitability rates contract, for example as a result of loss of
market share, stronger competitive pressures, or if it faces
challenges in operating on a larger scale; debt to EBITDA above
5.5x on a sustained basis; EBITA/Interest sustained below 1.5x;
EBITDA margins below 10%; and, a deterioration in liquidity.

The principal methodology used in these ratings was Business and
Consumer Services published in November 2021.

Headquartered in Norfolk, VA, historically family run business
Hobbs & Associates is a commercial HVAC rep firm and value added
solutions company. The company has a primary footprint across the
Mid-Atlantic, Northeast, and Southeast regions of the U.S. In April
of 2023, Private Equity firm Madison Dearborn Partners ("MDP")
completed acquisition of a controlling ownership stake in the
company.


HODGSON MILL CORP: Ends in Chapter 11 Bankruptcy Filing
-------------------------------------------------------
On June 18, 2024, Hodgson Mill Corporation filed Chapter 11
protection in the Northern District of New York. According to court
documents, the Debtor reports between $1 million and $10 million in
debt owed to 1 and 49 creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 25, 2024 at 10:00 a.m. in Room Telephonically.

          About Hodgson Mill Corporation

Hodgson Mill Corporation is a merchant wholesaler of grocery and
related products.

Hodgson Mill Corporation sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D.N.Y. Case No. 24-10702) on June 18,
2024. In the petition signed by Dan Ratner, as president, the
Debtor reports estimated assets and liabilities between $1 million
and $10 million each.

The Debtor is represented by:

     Peter A. Pastore, Esq.
     O'CONNELL & ARONOWITZ, P.C.
     54 State Street, 9th FL
     Albany NY 12207
     Tel: 518-462-5601
     E-mail: PaPastore@oalaw.com


HOLIDAY IN CAM: Files for Subchapter V Bankruptcy
-------------------------------------------------
Holiday in Cam LLC filed Chapter 11 protection in the Southern
District of Texas.  According to court documents, the Debtor
reports between $1 million and $10 million in debt owed to 1 and 49
creditors.  The petition states that funds will be available to
unsecured creditors.

                    About Holiday in Cam

Holiday in Cam LLC sought relief under Subchapter V of Chapter 11
of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 24-20188) on
July 1, 2024. In the petition signed by Robert Orfino, as manager,
the Debtor reports estimated assets between $500,000 and $1 million
and estimated liabilities between $1 million and $10 million.

The Honorable Bankruptcy Judge Marvin Isgur handles the case.

The Debtor is represented by:

     H. Gray Burks, IV, Esq.
     BURKSBAKER PLLC
     950 Echo Ln Ste 300
     Houston TX 77024-2824
     Tel: (713) 897-1297
     Email: gray.burks@bakerassociates.net



HOMES AND HOUSES UTAH: Ends in Chapter 11 Bankruptcy Filing
-----------------------------------------------------------
On June 18, 2024, Homes and Houses Utah LLC filed Chapter 11
protection in the Central District of California. According to
court filing, the Debtor reports $20,306,705 in debt owed to 1 and
49 creditors. The petition states funds will not be available to
unsecured creditors.

           About Homes and Houses Utah LLC

Homes and Houses Utah LLC owns 10 properties located in Utah and
California having a total current value of $12.29 million.

Homes and Houses Utah LLC sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 24-14814) on June
18, 2024. In the petition signed by Nathaneal Ernesto Dardon, as
managing member, the Debtor reports total assets of $13,761,894 and
total liabilities of $20,306,705.

Honorable Bankruptcy Judge Julia W. Brand handles the case.

The Debtor is represented by:

      Michael R. Totaro, Esq.
      TOTARO & SHANAHAN, LLP
      PO Box 789
      Pacific Palisades CA 90272
      Tel: (310) 804-2157
      E-mail: Mtotaro@aol.com




HONEY DO FRANCHISING: Starts Subchapter V Bankruptcy in Tennessee
-----------------------------------------------------------------
On June 14, 2024, Honey Do Franchising Group Inc. filed Chapter 11
protection in the Eastern District of Tennessee. According to court
documents, the Debtor reports between $1 million and $10 million.
The petition states funds will be available to unsecured
creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 18, 2024 at 9:00 a.m. in Room Telephonically on telephone
conference line: 877-647-0236. participant access code: 1558052.

          About Honey Do Franchising Group Inc.

Honey Do Franchising Group Inc. is a high-volume home improvement
franchise system in the remodeling and home repair industry.

Honey Do Franchising Group Inc. sought relief under Subchapter V of
Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Tenn. Case No.
24-50596) on June 14, 2024. In the petition signed by Thomas Brad
Fluke, as CEO, the Debtor reports up to $50,000 and estimated
liabilities between $1 million and $10 million.

Honorable Bankruptcy Judge Rachel Ralston Mancl oversees the case.

The Debtor is represented by:

     Brenda G. Brooks, Esq.
     MOORE & BROOKS
     6223 Highland Place Way
     Ste 102
     Knoxville, TN 37919-4035
     Tel: (865) 450-5455
     Fax: (865) 622-8865
     Email: bbrooks@moore-brooks.com


HOOTERS OF AMERICA: Closes 40 Locations Citing High Operating Costs
-------------------------------------------------------------------
Kirk O'Neil of The Street reports that another popular restaurant
chain closes several locations.

         Hooters closing dozens of locations

Finally, controversial casual dining chain Hooters has added to the
growing list of restaurant companies that have closed a large
number of underperforming locations blaming a challenging operating
environment.

Hooters on June 24, 2024 acknowledged its plan to close about 40
locations across the country as operating costs remain high and
customers become more discerning, Nation's Restaurant News
reported.

"Like many restaurants under pressure from current market
conditions, Hooters has made the difficult decision to close a
select number of underperforming stores" the company wrote in a
statement. "Ensuring the well-being of our staff is our priority in
these rare instances. With new Hooters restaurants opening
domestically and internationally, new Hooters frozen products
launching at grocery stores, and the Hooters footprint expanding
into new markets with both company and franchise locations, this
brand of 41 years remains highly resilient and relevant."

"We look forward to continuing to serve our guests at home, on the
go and at our restaurants here in the U.S. and around the globe."

The Atlanta-based casual restaurant chain, which specializes in
chicken wings, opened its first restaurant in Clearwater, Fla., in
1983 and has battled controversy and lawsuits since opening. It
currently franchises and operates about 420 locations in 29
countries.

           About Hooters of America LLC

Headquartered in Atlanta, GA, Hooters of America LLC owns and
franchises hundreds of Hooters restaurants across the United
States, including the Hooters restaurants in Fresh Meadow and
Farmingdale, NY. [BN]


HORNBLOWER HOLDINGS: Davis Polk Advised Crestview in Chapter 11
---------------------------------------------------------------
Davis Polk advised Crestview Advisors, LLC. and its affiliated
funds in connection with the restructuring of Hornblower Holdings
LLC. Prepetition, Crestview held the majority of Hornblower's
existing equity as well as substantial amounts of its funded
indebtedness.

On February 21, 2024, Hornblower and certain of its subsidiaries
filed voluntary chapter 11 petitions in the United States
Bankruptcy Court for the Southern District of Texas. Shortly before
the filing, Crestview and certain other prepetition consenting
stakeholders holding in the aggregate approximately 98% of the
company's first-lien obligations executed a restructuring support
agreement with Hornblower. The restructuring support agreement,
among other things, contemplated a $285 million
debtor-in-possession financing, a $345 million equity rights
offering, the equitization of Hornblower's first-lien indebtedness,
the wind-down of Hornblower's American Queen business and the
separation of the Journey Beyond business from Hornblower.
Crestview participated in the DIP financing and backstopped the
equity rights offering along with the other consenting
stakeholders. Following emergence, Crestview now owns the Journey
Beyond business as well as a minority stake in reorganized
Hornblower.

The restructuring and plan of reorganization were supported by all
of Hornblower's secured creditors as well as the unsecured
creditors' committee. Hornblower received confirmation of its plan
on June 7, 2024 and emerged from chapter 11 on July 3, 2024.

Headquartered in San Francisco, California, Hornblower provides
travel and transportation experiences and services, including
dining, sightseeing and overnight cruises, railway excursions,
walking and food tours, and ferry and other transportation
services. Among other business lines, prepetition Hornblower owned
Journey Beyond, Australia's leading experiential travel group.
Hornblower serves over 30 million guests each year in over 100
countries and 125 U.S. cities.

The Davis Polk restructuring team included partners Brian M.
Resnick and Adam L. Shpeen and associates David Kratzer and Luke F.
Porcari. Partner Michael Davis and associate Kristy Choi provided
corporate advice. Partner Robert F. Smith provided finance advice.
Partner Ethan R. Goldman and associate Alanna Phillips provided tax
advice. The litigation team consisted of partner Elliot Moskowitz
and associate Adam M. Greene. All members of the Davis Polk team
are based in the New York office.

Davis Polk refers to Davis Polk & Wardwell LLP, a New York limited
liability partnership, and its associated entities.

                   About Hornblower Holdings

Hornblower Holdings, LLC and its affiliates filed Chapter 11
petitions (Bankr. S.D. Tex. Lead Case No. 24-90061) on Feb. 21,
2024.  At the time of the filing, Hornblower reported $500 million
to $1 billion in assets and $1 billion to $10 billion in
liabilities.

Judge Marvin Isgur oversees the cases.

The Debtors tapped Porter Hedges, LLP and Paul, Weiss, Rifkind,
Wharton & Garrison, LLP as bankruptcy counsels; Borden Ladner
Gervais, LLP as Canadian counsel; Guggenheim Securities, LLC as
investment banker; and Alvarez & Marsal North America, LLC as
restructuring advisor.  Omni Agent Solutions, Inc., is the Debtor's
notice and claims agent and administrative advisor.


HUDSON 888 OWNER: Lenders Challenge Chapter 11 Bankruptcy Exit Plan
-------------------------------------------------------------------
Randi Love of Bloomberg Law reports that a secured creditor of
Chinese developer Xinyuan Real Estate Co. Ltd.'s bankrupt
subsidiary is challenging the company's exit plan in light of the
Supreme Court's decision this week on third-party releases, saying
it risks limiting the creditor's recovery and unfairly releases the
company's owners.

Hudson 888 Owner LLC's plan would release claims against the
company's owners, who are responsible for payment on two contested
loans worth $106 million, without its consent, the creditor said.

On Thursday, June 27, 2024, a major Supreme Court decision in the
Chapter 11 case of Purdue Pharma found that third-party releases of
the Sackler family in that case.
        
                 About Hudson 888 Owner LLC

Hudson 888 Owner LLC is a Single Asset Real Estate debtor (as
defined in 11 U.S.C. Sec. 101(51B)).

The Debtor sought protection under Chapter 11 U.S. Bankruptcy Code
(Bankr. S.D.N.Y. Case No. 24-10021) on Jan. 7, 2024. In the
petition signed by Sheng Zhang, chairman and CEO, the Debtor
disclosed up to $500 million in both assets and liabilities.

Judge Michael E. Wiles oversees the case.

Stephen B. Selbst, Esq., at Herrick Feinstein LLP, is the Debtor's
legal counsel.


IBIO INC: Files Form S-3 for $150 Million Mixed Shelf Offering
--------------------------------------------------------------
Ibio, Inc., has filed a Form S-3 registration statement with the
Securities and Exchange Commission using a "shelf" registration
process relating to the potential sale, from time to time, of the
Company's common stock, preferred stock, debt securities, warrants,
and units, in one or more offerings, up to a maximum aggregate
offering price of $150,000,000.

Securities may be sold by the Company to or through underwriters or
dealers, directly to purchasers or through agents designated from
time to time.  If any underwriters, dealers or agents are involved
in the sale of any of the securities, their names and any
applicable purchase price, fee, commission or discount arrangement
between or among them will be set forth, or will be calculable from
the information set forth, in the applicable prospectus supplement.
The price to the public of such securities and the net proceeds
the Company expects to receive from such sale will also be set
forth in a prospectus supplement.  No securities may be sold
without delivery of this prospectus and the applicable prospectus
supplement describing the method and terms of the offering of such
securities.

The Company's Common Stock is listed on the NYSE American LLC under
the symbol "IBIO."  On June 26, 2024, the last reported sale price
of the Company's Common Stock on the NYSE American LLC was $2.07
per share.  The applicable prospectus supplement will contain
information, where applicable, as to any other listing, if any, on
any securities market or other exchange of the specific security
covered by such prospectus supplement.

As of July 3, 2024, the aggregate market value of the Comany's
outstanding Common Stock held by non-affiliates is approximately
$22,134,382, which is calculated based on 8,612,600 shares of the
Company's outstanding Common Stock held by non-affiliates and a
price of $2.57 per share, the closing price of the Company's Common
Stock on June 13, 2024, which is the highest closing sale price of
our Common Stock on the NYSE American LLC within the prior 60 days
of this prospectus.  During the prior twelve calendar month period
that ends on and includes July 3, 2024, the Company has not offered
or sold any shares of its Common Stock pursuant to General
Instruction I.B.6 to Form S-3.

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

https://www.sec.gov/Archives/edgar/data/1420720/000110465924077757/tm2418807d1_s3.htm

                        About iBio, Inc.

iBio -- www.ibioinc.com -- is an AI-driven innovator that develops
next-generation biopharmaceuticals using computational biology and
3D-modeling of subdominant and conformational epitopes,
prospectively enabling the discovery of new antibody treatments for
hard to target cancers, and other diseases. iBio's mission is to
decrease drug failures, shorten drug development timelines, and
open up new frontiers against the most promising targets.

Holmdel, New Jersey-based CohnReznick LLP, the Company's auditor
since 2010, issued a "going concern" qualification in its report
dated Sept. 27, 2023, citing that the Company has suffered
recurring losses from operations and negative cash flows from
operating activities for the years ended June 30, 2023 and 2022 and
has an accumulated deficit as of June 30, 2023. These matters,
among others, raise substantial doubt about its ability to continue
as a going concern.


IMERI ENTERPRISES: Seeks to Hire Ahmed Abdalwahab as Accountant
---------------------------------------------------------------
Imeri Enterprises, Inc. seeks approval from the U.S. Bankruptcy
Court for the Southern District of Texas to employ Ahmed
Abdalwahab, a certified public accountant based in Houston, Tex.

The Debtor needs an accountant to provide payroll, tax return
preparation, and bookkeeping services.

Mr. Abdalwahab will be paid on a monthly fee basis of $400.

Mr. Abdalwahab disclosed in a court filing that he is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The accountant can be reached at:

     Ahmed Abdalwahab, CPA
     888 W. Sam Houston Pkwy. S. #125
     Houston, TX 77042
     Telephone: (832) 638-5790
     Email: Ahmed@ahmedabdalwahabcpa.com

                     About Imeri Enterprises

Imeri Enterprises, Inc. sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. S.D. Texas Case No. 24-32106) on May
6, 2024, with $1 million to $10 million in both assets and
liabilities. Isen Imeri, president, signed the petition.

Judge Eduardo V. Rodriguez presides over the case.

The Debtor tapped Reese Baker, Esq., at Baker & Associates as
counsel and Ahmed Abdalwahab, CPA, as accountant.


IMPERIAL PACIFIC: Owes CNMI Govt. More Than $87.5 Million
---------------------------------------------------------
IAG reports that Imperial Pacific owes more than US$87.5 million to
CNMI government.

Embattled Saipan casino operator Imperial Pacific International
(CNMI) LLC owes the CNMI government more than US$87.5 million,
lawyers have revealed.

According to details contained in a motion filed by the CNMI
government last Thursday, June 20, 2024, IPI owes a total of $165.8
million to creditors of which around US$87.6 million or 52.8% of
the total is owed to the government itself. This represents US$62.0
million in unpaid annual license fees, US$17.6 million for
non-payment of casino regulatory fees plus almost US$8.0 million
more for non-payment of taxes, including penalties and interest,
Marianas Variety reported.

The motion was filed by the CNMI government to request IPI's recent
Chapter 11 bankruptcy petition be converted to Chapter 7. Under the
US Bankruptcy Code, Chapter 11 bankruptcy allows a business or
individual to reorganize and restructure, while Chapter 7 allows
for liquidation of the debtor’s property and distribution of
proceeds to creditors, potentially resulting in dissolution.

In filing its motion, the government's representative, Attorney
General Chief Solicitor Robert Glass Jr, said IPI has no ability to
pay either past or upcoming debts due to the closure of its casino
in 2020.

"It has no income and is unable to pay post-petition obligations
that continue to accrue — like its rent due April 28, 2024, that
has not yet been paid, and the pending Annual Casino License Fee
that will be due August 12, 2024," Glass said, as per Marianas
Variety.

"[IPI] has no ability to generate revenue; its hotel building is
unfinished and has never been operational. In addition, [IPI] has
no ability to operate as a casino; its casino gaming license is
currently suspended and, until they were stayed by the filing of
this case, two proceedings seeking revocation of the license were
pending due to [IPI's] failure to pay significant fees to the
[Commonwealth Casino] Commission and for its failure to comply with
an order of the Commission requiring a payroll reserve. Other
complaints have also been filed by the Executive Director that also
seek revocation of [IPI's] casino license."

"Overall, based on the public information available, the Debtor
does not have the financial wherewithal to successfully proceed
under Chapter 11 of the Bankruptcy Code."

IPI filed for Chapter 11 bankruptcy in April 2024 in an effort to
delay casino license revocation hearings.

    About Imperial Pacific International (CNMI)

Imperial Pacific is engaged in the gaming and resort business.

Imperial Pacific International (CNMI), LLC filed its voluntary
petition for relief under Chapter 11 of the Bankrutpcy Code (Bankr.
D. N.M.I. Case No. 24-00002) on April 19, 2024. At the time of
filing, the Debtor estimated $10 million to $50 million in assets
and $100 million to $500 million in liabilities. The petition was
signed by Howyo Chi as manager.

Judge Ramona V. Manglona presides over the case.

Charles H. McDonald, II, Esq. at Mcdonald Law Office, LLC
represents the Debtor as counsel.




INCORA: Court Expects to Rule 2022 Financing Agreement Illegal
--------------------------------------------------------------
Soma Biswas of The Wall Street Journal reports that Incora's 2022
capital raise to be ruled illegal in bankruptcy court.

A bankruptcy judge said he expects to rule that aerospace parts
supplier Incora's 2022 financing deal with Silver Point Capital,
Pimco and other investors was unauthorized and illegal under its
debt agreements, in a closely watched case on the limits of
aggressive financing.

Following a trial that lasted months and cost tens of millions of
dollars in legal fees, Judge Marvin Isgur of the U.S. Bankruptcy
Court in Houston on Wednesday, June 26, 2024, indicated he would
rule against Incora and the bondholders that participated in the
2022 deal, which provided the Platinum Equity-owned company with a
$250 million lifeline.

                About Incora

Incora -- http://www.incora.com/-- is the trade name for the group
of companies formed by Wesco Aircraft and Pattonair, a provider of
comprehensive supply chain management services to the global
aerospace and other industries. Beginning with a strong foundation
in aerospace and defense, Incora also utilizes its supply chain
expertise to serve industrial manufacturing, marine, pharmaceutical
and beyond. Incora incorporates itself into customers' businesses,
managing all aspects of supply chain from procurement and inventory
management to logistics and on-site customer services. The company
is headquartered in Fort Worth, Texas, with a global footprint that
includes 68 locations in 17 countries and more than 3,800
employees.

Wesco Aircraft Holdings, Inc., doing business as Incora, and 43
ffiliates sought Chapter 11 protection (Bankr. S.D. Texas Lead Case
No. 23-90611) on June 1, 2023.

Wesco Aircraft estimated assets and debt of $1 billion to $10
billion as of the bankruptcy filing.

The Debtors tapped Milbank, LLP and Haynes and Boone, LLP as
bankruptcy counsels; PJT Partners, Inc. as investment banker;
Alvarez & Marsal North America, LLC as restructuring advisor; and
Quinn Emanuel Urquhart & Sullivan, LLP as special litigation and
conflicts counsel. Kurtzman Carson Consultants, LLC is the claims
agent.

The U.S. Trustee for Region 7 appointed an official committee to
represent unsecured creditors in the Debtors' Chapter 11 cases. The
committee tapped McDermott Will & Emery, LLP and Morrison Foerster,
LLP as its counsel; Piper Sandler & Co. as investment banker; and
Province, LLC as financial advisor.





INK! COFFEE CO: Hits Chapter 11 Bankruptcy Protection
-----------------------------------------------------
Daniel Kline of The Street reports that another coffee, cafe and
bakery chain, Ink Coffee, files Chapter 11 bankruptcy.

      The coffee business has been a challenge

A number of regional beer brands and breweries have gone out of
business largely due to debt they took on during the covid
pandemic. The end of that period coincided with a change in
drinking habits that made beer less trendy, and many of the
now-closed brands simply could not cover their debt.

The list of closed breweries includes Forgotten Boardwalk Brewing
of Cherry Hill, N.J., King State of Tampa, Fla., and even the famed
Anchor Brewing of San Francisco closed its doors. (On May 31
Shepherd Futures, the family office of Hamdi Ulukaya, the
billionaire founder and CEO of Chobani yogurt, said in a statement
that it was going to purchase Anchor Brewing's assets and would
relaunch the brand. The purchase price wasn't disclosed.)

A number of other brewers have filed for Chapter 11 bankruptcy
protection and face an uncertain future. These include Roth Brewing
of Raleigh, N.C., and, in May, the Harrisburg, Pa., craft brewer
SpringGate Vineyard's owner, Schoffstall Farm.

It's a difficult time to be in the passion-based-business game,
which has hurt coffee roasters, growers and cafe chains as well.
California's Frinj Coffee filed for Chapter 11 bankruptcy
protection in January, and Patis Bakery, a kosher-cafe chain, which
has multiple outlets in New York and New Jersey, filed in June
2024.

Now, another coffee brand, Ink Coffee, filed for Chapter 11
bankruptcy protection on June 20, 2024 reporting assets of under
$50,000 and debts between $1 million and $10 million.

          Ink Coffee fights for survival

Ink Coffee began in 1994 when Founder Keith Herbert visited Italy
to study the art of coffee making.

"He returned with a new appreciation for espresso and set out to
make a living making coffee. On a cold winter morning, brewing hot
coffee on a stainless steel cart located in Snowmass Village, Ink
Coffee was born," the company said on its website.

The coffee brand grew to multiple cafe locations and a roastery.

"Ink Coffee beans are roasted at our facility in Denver's Rino
neighborhood. In fact, you can watch the beans roast through the
glass wall in our retail shop out front," the company wrote.

            About Ink! Coffee Co.

Ink! Coffee Co. is a offee, cafe and bakery chain.

Ink! Coffee Co. sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Col. Case No. 24-13445) on June 20,
2024. In the petition filed by Keith Herbert, as president, the
Debtor reports estimated assets of under $50,000 and debts between
$1 million and $10 million.

The Debtor is represented by:

     Andrew D. Johnson, Esq.
     Onsager Fletcher Johnson LLC
     15220 E 6th Avenue, Unit B
     Aurora, CO 80011


INNOVATE LOAN: Seeks to Hire Culhane as Bankruptcy Counsel
----------------------------------------------------------
Innovate Loan Servicing Corporation seeks approval from the U.S.
Bankruptcy Court for the Northern District of Texas to employ
Culhane, PLLC as legal counsel.

The firm will render the following services:

     (a) advise the Debtor of its rights, powers and duties;

     (b) perform all legal services for and on behalf of the
Debtor;

     (c) advise the Debtor concerning, and assist in, the
negotiation and documentation of financing agreements and debt
restructurings;

     (d) counsel the Debtor in connection with the formulation,
negotiation, and consummation of its possible sale or its assets;

     (e) review the nature and validity of agreements relating to
the Debtor's interests in real and personal property and advise of
its corresponding rights and obligations;

     (f) advise the Debtor concerning preference, avoidance,
recovery, or other actions that it may take to collect and to
recover property for the benefit of the estate and its creditors,
whether or not arising under Chapter 6 of the Bankruptcy Code;

     (g) prepare all legal documents;

     (h) advise the Debtor concerning, and prepare responses to,
legal papers that may be filed and served in this bankruptcy case;

     (i) counsel the Debtor in connection with the formulation,
negotiation, and promulgation of a plan of reorganization and
related documents or other liquidation of the estate;

     (j) work with and coordinate efforts among other professionals
to attempt to preclude any duplication of effort among those
professionals and to guide their efforts in the overall framework
of Debtor's reorganization or liquidation; and

     (k) work with professionals retained by other parties in
interest in this bankruptcy case to attempt to structure a
consensual plan of reorganization, liquidation, or other resolution
for the Debtor.

The hourly rates of the firm's counsel are as follows:

     Lynnette R. Warman, Attorney       $600
     Richard G. Grant, Attorney         $500

In addition, the firm will seek reimbursement for expenses
incurred.

Prior to the petition date, the firm received a retainer in the
amount of $75,000 from the Debtor.

Mr. Grant disclosed in a court filing that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The firm can be reached through:

     Richard G. Grant, Esq.
     Culhane, PLLC
     13101 Preston Road, Suite 110-1510
     Dallas, TX 75240
     Telephone: (214) 210-2929
     Email: rgrant@cm.law

                   About Innovate Loan Servicing

Innovate Loan Servicing Corporation specializes in managing auto
loan receivables across the U.S. from its corporate offices located
in North Texas. The Company offers customers several ways to make
payments, including 24/7 online account access, automated phone-pay
and live customer care specialists.

Innovate Loan Servicing sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. N.D. Tex. Case No. 24-42243) on June
28, 2024, with up to $1 million in assets and up to $10 million in
liabilities. Preston Miller, president, signed the petition.

Richard G. Grant, Esq., at Culhane, PLLC serves as the Debtor's
counsel.


INSPIRED GIFTS: Seeks to Hire Blackwood Law Firm as Legal Counsel
-----------------------------------------------------------------
Inspired Gifts & Graphics, LLC seeks approval from the U.S.
Bankruptcy Court for the Western District of Oklahoma to employ
Blackwood Law Firm, PLLC as its legal counsel.

The Debtor requires a counsel to assist in all matters relating to
this Chapter 11 case.

The hourly rates of the firm's counsel and staff are as follows:

     Attorneys                         $400
     Legal Assistants & Law Clerks     $100   

In addition, the firm will seek reimbursement for expenses
incurred.

Amanda Blackwood, Esq., an attorney at Blackwood Law Firm,
disclosed in a court filing that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached through:

     Amanda R. Blackwood, Esq.
     Blackwood Law Firm, PLLC
     512 NW 12th Street
     Oklahoma City, OK 73103
     Telephone: (405) 309-3600
     Facsimile: (405) 378-4466
     Email: amanda@blackwoodlawfirm.com

                   About Inspired Gifts & Graphics

Inspired Gifts & Graphics, LLC filed its voluntary petition for
relief under Chapter 11 of the Bankruptcy Code (Bankr. W.D. Okla.
Case No. 24-11807) on June 28, 2024, listing under $1 million in
both assets and liabilities.

Amanda R. Blackwood, Esq., at Blackwood Law Firm, PLLC represents
the Debtor as counsel.


INTERACTIVE HEALTH: Hires Zigo & Associates, LLC as Accountant
--------------------------------------------------------------
Interactive Health Benefits LLC, d/b/a ACA Track, LLC seeks
approval from the U.S. Bankruptcy Court for the Eastern District of
Michigan to employ Zigo & Associates, LLC as accountant.

The firm will assist the Debtor in preparing financial statements,
tax returns, and providing other accounting services as may be
required by the Debtor.

The firm will be paid at these rates:

     Managing Member (Dan Zigo)     $350 per hour
     Senior Staff Accountant        $200 per hour
     Staff Accountant               $150 per hour

     Year-end fees to close books;  $14,070 per year flat fee
     Preparation of federal, state,
     and franchise tax returns

     Preparation of quarterly tax   $5,000 per quarter  flat fee
     compliance and estimates;
     preparation of internal statements;
     other related accounting services

     Preparation of financial statements   $2,200/month flat fee
     and assistance with preparation of
     monthly operating reports

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

Dan Zigo, a partner at Zigo & Associates, LLC disclosed in a court
filing that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Dan Zigo
     Zigo & Associates, LLC
     1535 Union Lake Road,
     Commerce Township, MI 48382
     Tel: (248) 360-6400

           About Interactive Health Benefits LLC
                   d/b/a ACA Track, LLC


Interactive Health Benefits LLC provides full service automated The
Affordable Care Act (ACA) reporting for 1094 and 1095 C and B
forms. ACA Track's propriety software is designed to help
applicable large employers (ALE) meet the requirements of the
Affordable Care Act and IRS reporting. ACA is an approved vendor of
the IRS for electronic submission.

The Debtor filed a petition under Chapter 11, Subchapter V of the
Bankruptcy Code (Bankr. E.D. Mich. Case No. 24-43778) on April 16,
2024, with $1 million to $10 million in assets and liabilities.

Todd Covert, chief executive officer and sole member, signed the
petition.

Judge Maria L. Oxholm presides over the case.

Stephen Gross, Esq. at MCDONALD HOPKINS represents the Debtor as
legal counsel.


J.H. LLC: Gets OK to Hire Memory Memory & Causby as Legal Counsel
-----------------------------------------------------------------
J.H., LLC received approval from the U.S. Bankruptcy Court for the
Northern District of Alabama to employ the Memory Memory & Causby,
LLP as its bankruptcy counsel.

The firm will provide these services:

     (a) prepare the petition and any schedules, disclosures, and
first-day motions incident to the commencement of the Chapter 11
bankruptcy;

     (b) prepare, negotiate, and prosecute a plan of reorganization
or liquidation and all related documents on behalf of the Debtor;

     (c) negotiate on behalf of the Debtor with all major creditor
classes with respect to the plan of reorganization and certain
other substantive aspects of the case;

     (d) prepare on behalf of the Debtor certain legal papers
necessary to the administration of its estate;

     (e) protect and preserve the Debtor's estate; and

     (f) perform all other necessary legal services in the case.

The firm received a retainer in the amount of $7,500 from the
Debtor.

Stuart Memory, Esq., an attorney at Memory Memory & Causby,
disclosed in a court filing that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached through:

     Stuart H. Memory, Esq.
     Memory Memory & Causby, LLP
     P.O. Box 4054
     Montgomery, AL 36103
     Telephone: (334) 834-8000
     Email: smemory@memorylegal.com

                          About J.H. LLC

J.H., LLC filed its voluntary petition for relief under Chapter 11
of the Bankruptcy Code (Bankr. N.D. Ala. Case No. 24-01711) on June
6, 2024, listing up to $50 million in both assets and liabilities.
Bintao Qin, vice president of Operations, signed the petition.

Judge Tamara O. Mitchell oversees the case.

Stuart H. Memory, Esq., at Memory Memory & Causby, LLP represents
the Debtor as counsel.


JJ ARCH: Seeks to Extend Plan Exclusivity to Jan. 3, 2025
---------------------------------------------------------
JJ Arch LLC, asked the U.S. Bankruptcy Court for the Southern
District of New York to extend its exclusivity periods to file a
plan of reorganization and obtain acceptance thereof to January 3,
2025 and March 3, 2025, respectively.

The Debtor is a limited liability corporation organized under the
laws of the State of New York. The Debtor is a real estate holding
company with no operations. The Debtor and its non-debtor
affiliates, collectively constitute a vertically integrated real
estate owner, operator and developer – with a general focus on
real estate investment, development, construction, and asset
management across primary and secondary markets in the United
States.

The Debtor explains that the Court should extend the Exclusive
Periods by six months to allow it to either litigate or resolve the
underlying disputes over control of the Debtor's assets including
litigating or resolving the Court's Memorandum Opinion and Order,
and Findings of Fact and Conclusions of Law, on Jared Chassen and
Arch Real Estate Holdings LLC's Joint Motion to Remand Based on
Lack of Jurisdiction or, in the Alternative, Principles of
Abstention or Equity that was entered on June 10, 2024 (the "Remand
Ruling") and Memorandum Opinion and Order entered on June 10, 2024
(the "Lift Stay Ruling" and, together with the Remand Ruling, the
"Rulings").

The Debtor claims that until the Rulings are finally determined by
the District Court and/or resolved by the subject parties, the
Debtor will have trouble formulating a plan that governs the
disposition of the remaining Arch real estate portfolio.

The Debtor asserts that its counsel has started a dialogue with
both Jared Chassen ("Chassen") and Arch Real Estate Holdings LLC
("AREH") and 608941 NJ, Inc. ("Oak") regarding the overall
resolution of the inter se party disputes and the Chapter 11 case,
respectively.

The Debtor further asserts that it needs to conduct discovery of
Chassen, AREH and Oak in order to ascertain the current state and
condition of JJ Arch's membership and other equity interests in the
Arch real estate portfolio which is currently under the exclusive
and unfettered control of Arch and Oak absent immediate resolution
between the parties. Without understand what assets remain, what
assets have been disposed of, diminished or possibly even
dissipated it is impossible for the Debtor to formulate a
meaningful plan.

Moreover, until a bar date can be set (the order is subject to
objections by Chassen, AREH and Oak) it is entirely unclear what
the universe of claims against the Debtor are, and until such
claims are known, the Debtor cannot promulgate a meaningful plan.

Importantly, this is the Debtor's first request for an exclusivity
extension. The Debtor's stakeholders will benefit from, and will
certainly not be prejudiced by, the requested extension because
plan formulation and negotiations will be far more productive and
fruitful when the Debtor is able to either resolve the parties'
disputes, seek finality of the Rulings, set a bar date and most
importantly investigate, through discovery, the state of management
and assets of the Arch real estate portfolio, which the Debtor has
been effectively shut out of all meaningful information or exercise
of its (or other affiliated members) approval rights.

Proposed Substitute Attorneys for the Debtor:

     Jonathan S. Pasternak, Esq.
     Davidoff Hutcher & Citron LLP
     605 Third Avenue
     New York, NY 10158
     Telephone: (212) 557-7200

                         About JJ Arch

JJ Arch, LLC, is a vertically integrated real estate owner,
operator and developer with an active investment portfolio with
more than 5.7 million square feet across the United States.

The Debtor filed a petition under Chapter 11, Subchapter V of the
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 24-10381) on March 7,
2024, with $1 million to $10 million in assets and $100,000 to
$500,000 in liabilities.  Jeffrey Simpson, managing member, signed
the petition.

Judge John P. Mastando III oversees the case.

Jonathan S. Pasternak, Esq., at Davidoff Hutcher & Citron LLP, is
the Debtor's legal counsel.


JOHNSTON & RHODES: Seeks to Hire Cooper Arias as Accountant
-----------------------------------------------------------
Johnston & Rhodes Bluestone Co. seeks approval from the U.S.
Bankruptcy Court for the Southern District of New York to employ
Cooper Arias, LLP as accountant.

The firm's services include:

     (a) review and analysis of proposed transactions for which the
Debtor may seek court approval;

     (b) review, analyze and make recommendations regarding any
proposed dispositions of assets;

     (c) provide financial analysis of any business plan, the Plan
of Reorganization, Liquidation Analysis and accompanying Disclosure
Statement;

     (d) assist in the analysis of historical and projected
financial statements;

     (e) review and analyze the tax impact of proposed transactions
or plans of reorganization and other tax services as may be
required;

     (f) assist the Debtor in the analysis claims;

     (g) prepare quarterly and year end financial statements,
including balance sheets, profit and losses, and cash flow
statements;

     (h) file all appropriate and necessary local, state and
federal tax returns; and

     (i) assist in any other accounting matter as may be
appropriate in this case.

The firm will be paid at these hourly rates:

     Partners        $225
     Staff     $90 - $150

In addition, the firm will seek reimbursement for expenses
incurred.

Dianne Walzer, a certified public accountant at Cooper Arias,
disclosed in a court filing that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached through:

     Dianne M. Walzer, CPA
     Cooper Arias, LLP
     892 State Route 17B
     P.O. Box 190
     Mongaup Valley, NY 10924
     Telephone: (845) 796-1800
     Facsimile: (845) 796-1826
     Email: dwalzer@cooperarias.com

                About Johnston & Rhodes Bluestone

Johnston & Rhodes Bluestone Co. has been quarrying and distributing
bluestone since 1900.

Johnston & Rhodes Bluestone Co. filed its voluntary petition for
Chapter 11 protection (Bankr. S.D.N.Y. Case No. 24-35235) on March
7, 2024, listing $2,545,250 in assets and $1,384,921 in
liabilities. Peter Becker Johnston, president, signed the
petition.

Judge Cecelia G. Morris oversees the case.

The Debtor tapped Genova, Malin & Trier, LLP as legal counsel and
Cooper Arias, LLP as accountant.


JT ISLAND WAY: Voluntary Chapter 11 Case Summary
------------------------------------------------
Debtor: JT Island Way, LLC
        18251 SE Island Dr.,
        Tequesta, FL 33469

Chapter 11 Petition Date: July 10, 2024

Court: United States Bankruptcy Court
       Southern District of Florida

Case No.: 24-16880

Judge: Hon. Mindy A Mora

Debtor's Counsel: Jordan L. Rappaport, Esq.
                  RAPPAPORT OSBORNE & RAPPAPORT, PLLC
                  1300 N Federal Hwy
                  Suite 203
                  Boca Raton, FL 33432
                  Tel: 561-368-2200

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by James F. Lunny as managing member.

The Debtor indicated in the petition it has no unsecured
creditors.

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

https://www.pacermonitor.com/view/S3UBG6I/JT_Island_Way_LLC__flsbke-24-16880__0001.0.pdf?mcid=tGE4TAMA


JULIAN'S RECIPE: Kicks Off Subchapter V Bankruptcy Process
----------------------------------------------------------
On June 20, 2024, Julian's Recipe LLC filed Chapter 11 protection
in the Eastern District of New York. According to court filing, the
Debtor reports $7,913,797 in debt owed to 50 and 99 creditors. The
petition states funds will be available to unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 29, 2024 at 11:00 a.m. in Room Telephonically on telephone
conference line: 1 (866) 919-4760. participant access code:
4081400#.

              About Julian's Recipe LLC

Julian's Recipe LLC has two primary product platforms: (i) frozen
specialty waffles and (ii) artisan baguettes. The Debtor sells
these product lines, but largely has outsourced manufacturing to
top European and domestic manufacturing facilities run by
non-affiliate entities.

Julian's Recipe LLC sought relief under Subchapter V of Chapter 11
of the U.S. Bankruptcy Code (Bankr. E.D.N.Y. Case No. 24-42612) on
June 20, 2024. In the petition signed by Alexander Dzieduszycki, as
president, the Debtor reports total assets as of March 31, 2024
amounting to $3,990,349 and total liabilities as of March 31, 2024
amounting to $7,913,797.

Honorable Bankruptcy Judge Jil Mazer-Marino oversees the case.

The Debtor is represented by:

     Jonathan A. Grasso, Esq.
     YVS LAW, LLC
     11825 West Market Place, Suite 200
     Fulton, MD 20759
     Tel: (443) 569-0758
     Fax: (410) 571-2798
     Email: jgrasso@yvslaw.com





K9 CONSULTANTS: Hires Blachard Law P.A. as Attorney
---------------------------------------------------
K9 Consultants SPV I, LLC seeks approval from the U.S. Bankruptcy
Court for the Northern District of Florida to employ Blachard Law,
P.A. as attorney.

The firm will provide these services:

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

     b. prepare, on the behalf of you applicant, necessary
applications, answers, and order, reports, complaints, and other
legal papers and appear at hearings thereon; and

     c. perform all other legal services for Debtor as
Debtor-in-Possession which may be necessary herein, and it is
necessary for Debtor-in-Possession to employ this attorney for such
professional services.

The firm will be paid at these rates:

     Jake Blachard            $350 per hour
     Associate Attorney       $300 per hour
     Paralegal                $100 per hour

The firm will be paid a retainer in the amount of $6,738, inclusive
of filing fee.

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

Jake Blachard, Esq., a partner at Blachard Law, P.A., disclosed in
a court filing that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Jake Blachard, Esq.
     Blachard Law, P.A.
     8221 49th Street North
     Pinellas Park, FL 33781
     Tel: (727) 531-7068
     Fax: (727) 535-2086
     Email: jake@jakeblachardlaw.com

              About K9 Consultants SPV I, LLC

K9 Consultants is a Single Asset Real Estate debtor (as defined in
11 U.S.C. Section 101(51B)). The Debtor is the owner of real
property located 551 NE 200th Avenue, Williston, Florida 32696
valued at $1.8 million.

K9 Consultants SPV I, LLC in Williston, FL, filed its voluntary
petition for Chapter 11 protection (Bankr. N.D. Fla. Case No.
24-10121) on June 7, 2024, listing $1,800,000 in assets and
$2,326,000 in liabilities. Michael Sichenzia as special manager,
signed the petition.

BLANCHARD LAW, P.A. serve as the Debtor's legal counsel.


KAYA HOLDINGS: Announces Grand Opening of The Sacred Mushroom
-------------------------------------------------------------
Kaya Holdings, Inc., announced July 2, 2024, that its licensed
psilocybin treatment center in Portland, Oregon, The Sacred
Mushroom (TSM) opened for business on July 5, 2024, and immediately
commenced administering psilocybin treatments to eligible guests
seeking to access the potential of psilocybin to help individuals
grow and heal.

KAYS CEO Craig Frank will be the first guest to receive a
psilocybin treatment at The Sacred Mushroom.

Mr. Frank issued the following statement:

"I am going to experience psilocybin for the first time, as the
initial guest of The Sacred Mushroom.  While I am curious and
excited to discover new things about myself, my primary goal is to
experience TSM as any guest would.

"During the eighteen months that we have prepared for the opening
of The Sacred Mushroom, I have come to learn about the remarkable
potential that psilocybin treatment has, and the potential benefits
psilocybin treatment can offer, which has been denied for so long.

"Now, after significant time and effort, KAYS is among a handful of
companies legally licensed to offer people seeking fulfilment,
inspiration, happiness and inner peace a gateway to explore altered
states, provide people affllicted by PTSD, depression, OCD, sexual
trauma, anxiety, substance and alcohol addictions, eating disorders
and other treatment resistant mental health disorders an
alternative pathway to better health and more joyful living, and
bring comfort to the elderly by confronting Alzheimer's Disease and
comforting end-of-life anxiety.

"I am taking a psilocybin journey because I want to experience for
myself the TSM setting, so I can be certain that we have created
the setting and have all the activities and amenities necessary to
deliver the highest standard of legal psilocybin experience
available anywhere in the world."

"I have worked alongside Craig Frank, KAYS CEO for the past eleven
years, and on behalf of KAYS staff and stockholders I would like to
thank him for the hands-on leadership by example that he has shown
that have helped make our facility a reality," stated W. David
Jones, KAYS Senior Advisor for Business Development, Licensing and
Financial Operations.  "While there is more to do to make our TSM
facility a success and create stockholder value, we are proud to be
in the forefront of an industry that is poised to offer relief to
so many, as well as growth opportunities for KAYS."

                       About Kaya Holdings

Kaya Holdings, Inc. -- http://www.kayaholdings.com/-- is a holding
company focusing on wellness and mental health through operations
in medical and recreational cannabis, CBD products and psychedelic
treatment clinics.

The Woodlands, TX-based M&K CPAS, PLLC, the Company's auditor since
2018, issued a "going concern" qualification in its report dated
April 16, 2024, citing that the Company has an accumulated deficit
and a net capital deficiency, which raises substantial doubt about
its ability to continue as a going concern.


KIDWELL GROUP: Hires Krapf Legal P.A. as Special Counsel
--------------------------------------------------------
The Kidwell Group LLC dba Air Quality Assessors of Florida, seeks
approval from the U.S. Bankruptcy Court for the Middle District of
Florida to employ Krapf Legal, P.A. as special litigation counsel.

The Debtor needs the firm's legal assistance in connection with the
pending cases filed by the Debtor.

The firm will be paid a contingency fee of 33.33 percent of any
recovery.

Grant W. Krapf, Esq., a partner at Krapf Legal, P.A., disclosed in
a court filing that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Grant W. Krapf, Esq.
     Krapf Legal, P.A.
     2790 Sunset Point Road
     Clearwater, FL 33759
     Tel: (727) 777-7450
     Email: intake@krapflegal.com

              About The Kidwell Group

The Kidwell Group, LLC sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 24-02024) on April
25, 2024. In the petition signed by Richard L. Kidwell, manager,
the Debtor disclosed up to $50 million in assets and up to $1
million in liabilities.

Justin M. Luna, Esq., at Latham Luna Eden & Beaudine LLP,
represents the Debtor as legal counsel.


LENDIT CONFERENCE LLC: Fintech Nexus Hits Chapter 7 Bankruptcy
--------------------------------------------------------------
deBanked reports that Fintech Nexus files for Chapter 7 bankruptcy
protection.

As mentioned on the Fintech Nexus blog last week, the former
conference company turned fintech digital media operator is
shutting down. On Friday, June 21, 2024, Lendit Conference LLC DBA
Lendit DBA Lendit Fintech DBA Fintech Nexus, filed for Chapter 7
bankruptcy.

Fintech Nexus ran conferences from 2013 – 2023, originally under
the name LendIt. It exited the conference business last year as
part of a deal with Fintech Meetup. It then focused primarily on
online news.

"The website will also remain online for at least the next few
months, subject to the judgment of the Chapter 7 Bankruptcy
Trustee," the company said.

           About Lendit Conference LLC

Lendit Conference LLC, doing business as Lendit, Lendit Fintech and
Fintech Nexus, is a fintech digital media operator.

Lendit Conference LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Col. Case No. 24-13453) on June 21,
2024.

Honorable Bankruptcy Judge Michael E. Romero oversees the case.

The Debtor is represented by:

     Jeffrey S. Brinen, Esq.
     Kutner Brinen Dickey Riley, P.C.
     1660 Lincoln Street, Suite 1720
     Denver, CO 80264
     Telephone: (303) 832-2400
     E-mail: jsb@kutnerlaw.com





LEO CHULIYA: Seeks to Hire Penachio Malara as Bankruptcy Counsel
----------------------------------------------------------------
Leo Chuliya Ltd., doing business as Fantasy Cuisine Co., seeks
approval from the U.S. Bankruptcy Court for the Southern District
of New York to employ Penachio Malara, LLP as counsel.

The firm will render these services:

     (a) assist in the administration of its Chapter 11 proceeding,
the preparation of operating reports and complying with applicable
law and rules;

     (b) review and resolve claims which should be disallowed; and

     (c) assist in reorganizing and confirming a Chapter 11 plan or
implementing an alternative exit strategy.

The firm will be paid at these hourly rates:

     Anne Penachio, Attorney       $495
     Francis Malara, Attorney      $495
     Paralegal                     $225

In addition, the firm will seek reimbursement for expenses
incurred.

Prior to the petition date, the Debtor paid the firm a retainer in
the amount of $15,000 exclusive of the filing fee.

Ms. Penachio disclosed in a court filing that the firm is a
"disinterested person" as defined in Section 101(14) of the
Bankruptcy Code.

The firm can be reached through:
     
     Anne Penachio, Esq.
     Penachio Malara, LLP
     245 Main Street-Suite 450
     White Plains, NY 10601
     Telephone: (914) 946-2889

                     About Leo Chuliya Ltd.

Leo Chuliya Ltd. is in the business primarily of owning and
managing a restaurant specializing in Szechuan cuisine for over 10
years. It serves wholesome food in a family style setting. It filed
for Chapter 11 bankruptcy protection (Bankr. S.D.N.Y. Case No.
24-22563) on June 24, 2024, listing under $100,000 in estimated
assets and under $500,000 in estimated liabilities.

Leo Chuliya Ltd. elected to be treated as a Small Business under
Sub-Chapter V. Nat Wasserstein serves as the Sub Chapter V
trustee.

Judge Sean H. Lane oversees the case.

Anne J. Penachio, Esq., at Penachio Malara LLP serves as the
Debtor's counsel.


LL FLOORING HOLDINGS: Reportedly Mulling Chapter 11 Filing
----------------------------------------------------------
Reshmi Basu of Bloomberg News reports that LL Flooring Holdings
Inc. is considering filing for Chapter 11 bankruptcy, according to
people with knowledge of the matter, who asked not to be named
discussing private deliberations.

The flooring retailer, formerly known as Lumber Liquidators, has
struggled as higher interest rates curtail home renovation
activity. Filing for bankruptcy could help it cope with dwindling
access to cash and slumping sales.

LL Flooring may seek protection from creditors in the coming weeks,
a person with knowledge of the matter said. The plans aren't final
and could change.

                  About LL Flooring Holdings

Richmond, Va.-based LL Flooring Holdings, Inc. is a multi-channel
specialty retailer of flooring and flooring enhancements and
accessories, operating as a single operating segment. The Company
offers an extensive assortment of hard-surface flooring including
waterproof hybrid resilient, waterproof vinyl plank, solid and
engineered hardwood, laminate, bamboo, tile, and cork, with a wide
range of flooring enhancements and accessories to complement. In
addition, the Company also began offering carpet during 2023 and
provides in-home delivery and installation services to its
customers.

As of March 31, 2024, the Company has $523.1 million in total
assets, $393.6 million in total liabilities, and $129.5 million in
total stockholders' equity.


LL FLOORING: F9 Urges Director Changes Amid Bankruptcy Concerns
---------------------------------------------------------------
F9 Investments, LLC, which together with its affiliates
collectively owns approximately 8.85% of LL Flooring Holdings, Inc.
common stock and is the Company's largest shareholder, on July 8,
sent an open letter to LL Flooring's shareholders urging them to
cast their votes "FOR" F9's three highly qualified director
nominees, Tom Sullivan, Jason Delves, and Jill Witter, to join LL
Flooring's Board of Directors at the Company's upcoming Annual
Meeting of Shareholders.

The full text of the letter says:

"Dear Fellow LL Flooring Shareholders,

The situation at LL Flooring is dire, and time is running out for
you to protect the value of your investment.

LL FLOORING'S STOCK PRICE IS AT ITS ALL-TIME LOW AND THE COMPANY IS
CONSIDERING FILING FOR BANKRUPTCY ACCORDING TO PUBLISHED REPORTS.

Yet rather than addressing the numerous critical issues facing the
business head-on, LL Flooring's Board continues to make poor and
puzzling operational and financial decisions that are jeopardizing
the future of the Company. Consider the following:

-- On June 28, 2024, the Company disclosed that it believes it will
not have sufficient liquidity to maintain compliance with its
credit agreement as soon as this quarter.

-- One day prior to the Company's disclosure, Bloomberg reported
that LL Flooring has retained AlixPartners, a financial services
consultancy that recently advised Bed Bath & Beyond on its
bankruptcy proceedings, to receive assistance with operations and
explore ways to boost its cash reserves.

-- In a May 8, 2024 filing, LL Flooring disclosed a "going concern"
that its precarious financial condition raised substantial doubt
regarding its ability to continue business operations for more than
a year. During its first quarter 2024 earnings call that same day,
the Company disclosed it has retained Houlihan Lokey Inc. to
evaluate financing alternatives.

-- The Board is currently seeking to enter into a sale-leaseback
commitment for its primary asset -- LL Flooring's Sandston,
Virginia distribution center -- in a shortsighted and desperate
effort to generate cash which will likely increase expenses and
destroy value for shareholders in the long run.

-- LL Flooring's stock price continues to crater. The Company's
stock has fallen 85.4% since the start of 2024, dropped 97.3% over
the past three years, and plummeted a whopping 99.4% under the
Chair of the Board Nancy Taylor's ineffective leadership. The stock
closed at $0.56 per share on July 5, 2024.

-- Despite this disturbing decline, since January 2023 LL
Flooring's Board has rejected a number of premium bids for the
Company valued up to 14x LL Flooring's current stock price. Since
then, the Board's disingenuous strategic review and sale process
has seen falling bid prices, limited transparency, and an uneven
playing field for bidders based on the Board's insistence that bids
it received "significantly undervalued" the Company.

The facts are clear: LL Flooring's Board of Directors has presided
over staggering value destruction for shareholders, significant
operational losses, a sham sale process, and so-called strategic
initiatives that have placed the Company at immediate risk of going
out of business. It is simply delusional for this Board to expect
shareholders to vote for the status quo and re-elect its incumbent
directors -- two of whom have sat on the Board for 10 and 18 years,
respectively -- after they have contributed to such extreme
underperformance.

It should be clear to all shareholders that urgent change is needed
in the LL Flooring boardroom in order to protect the value of your
investment. Fortunately, there is an alternative path forward, even
if you have previously withheld voting for the F9 nominees on
either the GOLD or WHITE proxy card. You can still change your vote
and support F9's nominees by voting on either the GOLD or WHITE
proxy card. Only your most recently dated proxy card will count as
your vote.

F9's three highly qualified director nominees Tom Sullivan, Jason
Delves, and Jill Witter have the critical flooring industry
expertise, shareholder alignment, and actionable plan necessary to
restore LL Flooring's value for the long term. F9's nominees also
bring substantial corporate governance experience, discipline and
accountability, and long track records of value creation for
businesses that will be valuable additions to LL Flooring's Board.
Indeed, last week Glass Lewis & Co. ("Glass Lewis"), a leading
independent proxy advisory firm, published a report recognizing the
oversight, rigor, and relevant experience F9's nominees would add
to the Board and recommended that shareholders support F9's full
slate at the Company's upcoming Annual Meeting.

In its report, Glass Lewis concluded:

-- " . . . we consider election of F9's slate to represent the most
compelling alternative available at what appears to be a fairly
critical juncture for LL." -- "We see little clear and measurable
cause for shareholders to endorse the view that perpetuation of the
incumbent board's tack is likely to represent the most attractive
route forward at this time." -- "We believe the board carves out
very little in the way of credible footing for its operational
defense, which largely eschews recognition of the Company's
observably poor performance, valuation and competitive
positioning."

Further, independent proxy advisory firm Institutional Shareholder
Services Inc. ("ISS") recently published a report recommending that
shareholders elect F9 nominee Jason Delves to LL Flooring's Board.
In its report, ISS concluded:

-- "It is clear that LL is in need of an urgent turnaround... a
successful turnaround under the current management team and board
is far from certain." -- "LL's prolonged TSR underperformance,
significant operating challenges over the past two years, and the
unsuccessful sale process thus far suggest that some level of
change is warranted at the board level."

LL Flooring's Board has avoided accountability for too long and
cannot be allowed to continue to drive this Company into the
ground. Our nominees are committed to restoring LL Flooring to
excellence, reviving its corporate culture, and repositioning the
Company for profitability and growth over the long term for the
benefit of all stakeholders.

NOW IS YOUR LAST CHANCE TO HOLD LL FLOORING'S BOARD ACCOUNTABLE FOR
ITS FAILURES. WE URGE YOU TO VOTE FOR CHANGE TO PROTECT YOUR
INVESTMENT BEFORE IT IS TOO LATE.

We thank you for your support.

Sincerely,

Tom Sullivan Jason Delves Jill Witter"

                    About LL Flooring Holdings

Richmond, Va.-based LL Flooring Holdings, Inc. is a multi-channel
specialty retailer of flooring and flooring enhancements and
accessories, operating as a single operating segment. The Company
offers an extensive assortment of hard-surface flooring including
waterproof hybrid resilient, waterproof vinyl plank, solid and
engineered hardwood, laminate, bamboo, tile, and cork, with a wide
range of flooring enhancements and accessories to complement. In
addition, the Company also began offering carpet during 2023 and
provides in-home delivery and installation services to its
customers.

As of March 31, 2024, the Company has $523.1 million in total
assets, $393.6 million in total liabilities, and $129.5 million in
total stockholders' equity.


LORDSTOWN MOTORS: Chancery Court Okays $15.5 SPAC Suit Deal
-----------------------------------------------------------
Jeff Montgomery of Law360 reports that Chancery tentatively okays
$15.5 million Lordstown SPAC suit deal.

A $15.5 million class settlement for a stockholder suit that
challenged the special-purpose acquisition company deal that took
Lordstown Motors Inc. public won tentative Delaware Court of
Chancery approval Tuesday, June 25, 2024, conditioned on
confirmation of one expense claim.

         About Lordstown Motors Corp.

Lordstown Motors Corp. -- http://www.lordstownmotors.com/-- is an
electric vehicle OEM developing innovative light duty commercial
fleet vehicles, with the Endurance all electric pickup truck as its
first vehicle. It has engineering, research and development
facilities in Farmington Hills, Mich. and Irvine, Calif.

On June 27, 2023, Lordstown Motors Corp. and two affiliated debtors
filed voluntary petitions for relief under Chapter 11 of the
Bankruptcy Code (Bankr. D. Del. Lead Case No. 23-10831). The cases
are pending before Judge Mary F. Walrath.

The Debtors tapped White & Case, LLP and Richards, Layton & Finger,
P.A., as bankruptcy counsels; Baker & Hostetler, LLP as special
counsel; Jefferies, LLC as investment banker; KPMG, LLP as auditor;
and Silverman Consulting as restructuring advisor.  Kurtzman Carson
Consultants, LLC is the Debtors' claims and noticing agent and
administrative advisor.

The U.S. Trustee for Regions 3 and 9 appointed an official
committee to represent unsecured creditors in the Debtors' Chapter
11 cases. The committee tapped Troutman Pepper Hamilton Sanders,
LLP, as legal counsel and Huron Consulting Group Inc. as financial
advisor.




LOS TRECE TEXAS: Sec. 341(a) Meeting of Creditors on July 30
------------------------------------------------------------
Los Trece Texas LLC filed Chapter 11 protection in the Western
District of Texas.  According to court filing, the Debtor reported
between $1 million and $10 million in debt owed to 1 and 49
creditors.  The petition states that funds will be available to
unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 30, 2024 at 10:00 a.m. in Room Telephonically on telephone
conference line: (866)711-2282. participant access code: 3544189#.

                  About Los Trece Texas LLC

Los Trece Texas LLC is a destination for events, weekly live music,
food, and hand-crafted cocktails.

Los Trece Texas LLC sought relief under Subchapter V of Chapter 11
of the Bankruptcy Code (Bankr. W.D. Tex. Case No. 24-10768) on July
1, 2024.  In the petition signed by Carrie Wells, as manager, the
Debtor estimated assets and liabilities between $1 million and $10
million.

The Honorable Bankruptcy Judge Shad Robinson oversees the case.

The Debtor is represented by:

     Stephen W Sather, Esq.
     BARRON & NEWBURGER, P.C.
     7320 N. MoPac Expressway 400
     Austin, TX 78731
     Tel: (512) 649-3243
     Email: ssather@bn-lawyers.com


LTL MANAGEMENT: J&J Spar w/ Beasley Allen Continues on Talc Tort
----------------------------------------------------------------
George Woolston of Law360 reports that the Beasley Allen Law Firm
and Johnson & Johnson continue to spar over the firm and attorney
Andy Birchfield's role in long-running federal and state mass torts
over talcum powder injuries, with the firm calling out J&J on
Tuesday, July 2, 2024, for "prodding" the New Jersey courts to boot
the lawyers from the litigation.

                      About LLT Management

LLT Management, LLC, (formerly known as LTL Management LLC) , is a
subsidiary of Johnson & Johnson (J&J), which was formed to manage
and defend thousands of talc-related claims and oversee the
operations of Royalty A&M. Royalty A&M owns a portfolio of royalty
revenue streams, including royalty revenue streams based on
third-party sales of LACTAID, MYLANTA/MYLICON and ROGAINE
products.

LTL Management filed a petition for Chapter 11 protection (Bankr.
W.D.N.C. Case No. 21-30589) on Oct. 14, 2021. The case was
transferred to New Jersey (Bankr. D.N.J. Case No. 21-30589) on Nov.
16, 2021. The Hon. Michael B. Kaplan is the case judge. At the time
of the filing, the Debtor was estimated to have $1 billion to $10
billion in both assets and liabilities.

The Debtor tapped Jones Day and Rayburn Cooper & Durham, P.A., as
bankruptcy counsel; King & Spalding, LLP and Shook, Hardy & Bacon
LLP as special counsel; McCarter & English, LLP as litigation
consultant; Bates White, LLC as financial consultant; and
AlixPartners, LLP, as restructuring advisor. Epiq Corporate
Restructuring, LLC, is the claims agent.

An official committee of talc claimants was formed in the Debtor's
Chapter 11 case on Nov. 9, 2021. On Dec. 24, 2021, the U.S. Trustee
for Regions 3 and 9 reconstituted the talc claimants' committee and
appointed two separate committees: (i) the official committee of
talc claimants I, which represents ovarian cancer claimants, and
(ii) the official committee of talc claimants II, which represents
mesothelioma claimants.

The official committee of talc claimants I tapped Genova Burns LLC,
Brown Rudnick LLP, Otterbourg PC and Parkins Lee & Rubio LLP as its
legal counsel. Meanwhile, the official committee of talc claimants
II is represented by the law firms of Cooley LLP, Bailey Glasser
LLP, Waldrep Wall Babcock & Bailey PLLC, Massey & Gail LLP, and
Sherman Silverstein Kohl Rose & Podolsky P.A.

           Re-Filing of Chapter 11 Petition

On Jan. 30, 2023, a panel of the Third Circuit issued an opinion
directing the Court to dismiss the 2021 Chapter 11 case on the
basis that it was not filed in good faith. Although the Third
Circuit panel recognized that the Debtor "inherited massive
liabilities" and faced "thousands" of future claims, it concluded
that the Debtor was not in financial distress before the filing.

On March 22, 2023, the Third Circuit entered an order denying the
Debtor's petition for rehearing. The Third Circuit entered an order
denying LTL's stay motion on March 31, 2023, and, on the same day,
issued its mandate directing the Bankruptcy Court to dismiss the
2021 Chapter 11 Case.

The Bankruptcy Court entered an order dismissing the 2021 Case on
April 4, 2023.

Johnson & Johnson on April 4, 2023, announced that its subsidiary
LTL Management LLC (LTL) has re-filed for voluntary Chapter 11
bankruptcy protection (Bankr. D.N.J. Case No. 23-12825) to obtain
approval of a reorganization plan that will equitably and
efficiently resolve all claims arising from cosmetic talc
litigation against the Company and its affiliates in North
America.

In August 2023, U.S. Bankruptcy Judge Michael Kaplan in Trenton,
New Jersey, ruled that the second bankruptcy case should be
dismissed, ending J&J's second attempt to use bankruptcy to resolve
thousands of lawsuits alleging that its talc products sometimes
contained asbestos and caused mesothelioma and ovarian cancer.


MADDIEBRIT PRODUCTS: Commences Subchapter V Bankruptcy Process
--------------------------------------------------------------
On June 18, 2024, MaddieBrit Products LLC filed Chapter 11
protection in the Central District of California. According to
court documents, the Debtor reports $5,758,227 in debt owed to 1
and 49 creditors. The petition states funds will be available to
unsecured creditors.

         About MaddieBrit Products LLC

MaddieBrit Products LLC offers eco-friendly cleaning products that
provide healthier, effective, and safer alternatives to
conventional home cleaning products.

MaddieBrit Products LLC sought relief under Subchapter V of Chapter
11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 24-10682)
on June 18, 2024. In the petition signed by Michael Edell, as CEO,
the Debtor reports total assets of $1,391,537 and total liabilities
of $5,758,227.

Honorable Bankruptcy Judge Ronald A. Clifford III oversees the
case.

The Debtor is represented by:



MAGNOLIA ROSE: Hires Rountree Leitman Klein as Attorney
-------------------------------------------------------
Magnolia Rose Veterinary Clinic, Inc. seeks approval from the U.S.
Bankruptcy Court for the Northern District of Georgia to employ
Rountree, Leitman, Klein & Geer, LLC as attorney.

The firm's services include:

     a. giving the Debtor legal advice with respect to its powers
and duties as Debtor-in-Possession in the management of its
property;

    b. preparing on behalf of the Debtor as Debtor-in-Possession
necessary schedules, applications, motions, answers, orders,
reports and other legal matters;

    c. assisting in examination of the claims of creditors;

    d. assisting with formulation and preparation of the disclosure
statement and plan of reorganization and with the confirmation and
consummation thereof; and

    e. performing all other legal services for the Debtor as
Debtor-in-Possession that may be necessary herein.

The firm will be paid at these rates:

     William A. Rountree            $595 per hour
     Will B. Geer                   $595 per hour
     Hal Leitman                    $425 per hour
     Michael Bargar                 $535 per hour
     William Matthews               $425 per hour
     David S. Klein                 $495 per hour
     Alexandra Dishun               $425 per hour
     Elizabeth Childers             $425 per hour
     Ceci Christy                   $425 per hour
     Caitlyn Powers                 $375 per hour
     Shawn Eisenberg                $300 per hour
     Elizabeth Miller, Paralegal    $250 per hour
     Megan Winokur, Paralegal       $175 per hour
     Tarsha Daniel, Paralegal       $225 per hour
     Catherine Smith, Paralegal     $150 per hour
     Aaron Schrader, Law Clerk      $175 per hour

The firm received a pre-petition retainer in the $15,000 plus
$1,738 filing fee.

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

William A. Rountree, Esq. a partner at Rountree, Leitman, Klein &
Geer, LLC, disclosed in a court filing that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The firm can be reached at:

     William A. Rountree, Esq.
     Rountree, Leitman, Klein & Geer, LLC
     Century Plaza I
     2987 Clairmont Road, Suite 350
     Atlanta, GA 30329
     Tel: (404) 584-1238
     Fax: (404) 704-0246
     Email: wgeer@rlkglaw.com

            About Magnolia Rose Veterinary Clinic, Inc.

Magnolia Rose Veterinary Clinic Inc. is a veterinary clinic in
Roswell, Georgia.

Magnolia Rose Veterinary Clinic Inc. sought relief under Chapter 11
of the U.S. Bankruptcy Code (Bankr. N.D. Ga. Case No. 24-55900) on
June 4, 2024. In the petition signed by Justin O'Dell, as receiver,
the Debtor reports estimated assets up to $50,000 and estimated
liabilities between $1 million and $10 million.

The Honorable Bankruptcy Judge Jeffery W Cavender oversees the
case.


MARINUS PHARMACEUTICALS: BlackRock Holds 3.4% Stake as of June 30
-----------------------------------------------------------------
BlackRock, Inc. disclosed in a Schedule 13G/A Report filed with the
U.S. Securities and Exchange Commission that as of June 30, 2024,
it has ceased to be the beneficial owner of more than 5 percent of
Marinus Pharmaceuticals, Inc.'s common stock. BlackRock is reported
to beneficially own 1,869,949 shares as of June 30, representing
3.4% of the shares outstanding.

A full-text copy of BlackRock's SEC Report is available at:

                  https://tinyurl.com/3tdb7dth

                  About Marinus Pharmaceuticals

Marinus -- www.marinuspharma.com -- is a commercial-stage
pharmaceutical company dedicated to the development of innovative
therapeutics for seizure disorders.  The Company first introduced
FDA-approved prescription medication ZTALMY (ganaxolone) oral
suspension CV in the U.S. in 2022 and continues to invest in the
potential of ganaxolone in IV and oral formulations to maximize
therapeutic reach for adult and pediatric patients in acute and
chronic care settings.

As of March 31, 2024, Marinus Pharmaceuticals had $137.35 million
in total assets, $153.78 million in total liabilities, and a total
stockholders' deficit of $16.43 million.

Philadelphia, Pennsylvania-based Ernst & Young LLP, the Company's
auditor since 2020, issued a "going concern" qualification in its
report dated March 5, 2024, 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.


MATER ACADEMY: S&P Assigns 'BB' Rating on 2024A/B Revenue Bonds
---------------------------------------------------------------
S&P Global Ratings assigned its 'BB' rating to the Arizona
Industrial Development Authority's $57.6 million series 2024A
(tax-exempt) and $330,000 series 2024B (taxable) charter school
revenue bonds, issued for Mater Academy of Nevada (Mater). At the
same time, S&P affirmed its 'BB' rating on the authority's series
2020A&B and 2018A&B charter school revenue bonds. The outlook is
stable.

"The 'BB' rating reflects our view of the school's substantial and
growing enrollment and improved academics, offset by weakened
financial performance and liquidity in fiscal 2023, in addition to
elevated pro forma debt per student," said S&P Global Ratings
credit analyst Alexander Enriquez. S&P assessed the enterprise
profile as adequate and the financial profile as vulnerable;
combined, these credit factors lead to an anchor of 'bb' and a
final rating of 'BB'.

S&P said, "The stable outlook reflects our expectation that Mater
will maintain its healthy enrollment and improved academics. While
fiscal 2023 performance was weak, we anticipate improvement for
fiscal 2024, with a positive margin on a full-accrual basis and
improved lease-adjusted maximum annual debt service (MADS)
coverage. We also expect liquidity to improve to about 40 days'
cash on hand at fiscal 2024 year-end. For fiscal 2025, the school
is budgeting for increases in operating margins and growth in cash
to about 50 days.

"We could consider a negative rating action if the school's
financial performance remains weak, pressuring lease-adjusted MADS
coverage and margins, or if unrestricted reserves don't improve
from fiscal year-end 2023 levels, as expected. We could also
consider a negative rating action with any additional debt,
post-issuance of the series 2024.

"We could consider a positive rating action if Mater maintains its
healthy enrollment and demand profile over time, while
demonstrating a sustained track record of improved financial
results and growing unrestricted reserves."



MAXIMUS SUPPLY: Hires Gutwein LLP as Special Counsel
----------------------------------------------------
Maximus Supply Chain Holdings, LLC seeks approval from the U.S.
Bankruptcy Court for the Northern District of Indiana to employ
Gutwein LLP as special counsel.

The Debtor needs the firm's legal assistance in connection in all
corporate and litigation matters.

The firm will be paid at these rates:

     Partners         $480 per hour
     Associates       $375 per hour
     Paralegals       $235 per hour

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

Ross T. Yates, Esq., a partner at Gutwein LLP, disclosed in a court
filing that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Ross T. Yates
     Gutwein LLP
     250 Main Street, Suite 590
     Lafayette, IN 47901
     Tel: (765) 423-7900

              About Maximus Supply Chain Holdings, LLC

Maximus develops innovative solutions and products servicing a
variety of industries including automotive, commercial vehicle,
agricultural equipment, RVs, and power manufacturing industries.

Maximus Supply Chain Holdings, LLC in Lafayette, IN, and its
affiliates filed its voluntary petition for Chapter 11 protection
(Bankr. N.D. Ind. Lead Case No. 24-40167) on June 25, 2024, listing
as much as $0 in both assets and liabilities. Sam Bazzi,
president/CEO, signed the petition.

BLACKWELL BURKE AND FOWLER PC serve as the Debtor's legal counsel.


MIDWEST GAMING: Moody's Affirms 'B2' CFR, Outlook Remains Stable
----------------------------------------------------------------
Moody's Ratings affirmed Midwest Gaming Borrower, LLC's B2
Corporate Family Rating and B2-PD Probability of Default Rating.
Moody's Ratings also affirmed the B3 rating on Midwest Gaming's
senior secured notes. The outlook remains stable.

The affirmation of Midwest Gaming's ratings with stable outlook
reflects Moody's Ratings' expectation that the company's
debt/EBITDA will increase to approximately 4.3x in the next twelve
to eighteen months as increased competition in the Chicago gaming
market will likely pressure its earnings and drive leverage
moderately higher than its historical level. The affirmation and
stable outlook also reflect the company's very strong interest
coverage and adequate liquidity with no near-term debt maturities.

RATINGS RATIONALE

Midwest Gaming's B2 Corporate Family Rating reflects its good
market position in the densely populated Chicagoland gaming market,
moderate leverage, very strong interest coverage and positive
operating cash flow. These credit positives are offset by Midwest
Gaming's single asset profile, its large regular distributions to
shareholders relative to its operating cash flow that make the
company dependent on market access to fund growth and for debt
repayment. Moody's Ratings also expects additional competition in
the next few years that will likely pressure Midwest Gaming's
earnings and drive leverage moderately higher than its historical
level. Its debt/EBITDA was 3.6x at December 31, 2023 but Moody's
Ratings expects leverage will increase to approximately 4.3x in the
next twelve to eighteen months as increased competition in the
Chicago gaming market pressures the company's earnings.

The stable outlook reflects the company's very strong interest
coverage and adequate liquidity and the lack of near term debt
maturities. Midwest Gaming had approximately $39.5 million of
unrestricted cash and $43.6 million availability on its $150
million super priority revolver as of December 31, 2023. Its super
priority revolver expires in April 2026 and its $750 million senior
secured notes mature in May 2029.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

Ratings could be upgraded if the company generates strong and
consistent positive free cash flow, revenue and EBITDA continue to
grow, and debt/EBITDA is below 4.0x on a sustained basis.

Ratings could be downgraded if EBITDA declines, most likely from
increased competition or consumer spending on gaming activities
weakens. The ratings could also be downgraded if debt/EBITDA
increases above 5.0x on a sustained basis, or if liquidity
deteriorates.

Midwest Gaming Borrower, LLC owns and operates Rivers Casino Des
Plaines in the Chicagoland market, featuring 1,516 slot machines
and 120 table games. Midwest Gaming is co-owned by Churchill Downs
Incorporated which holds 61% ownership and the remainder 39% is
owned by affiliates of Rush Street Gaming, LLC and other investors.
The company's revenue for the last twelve month period ended
December 31, 2023 was $605.6 million

The principal methodology used in these ratings was Gaming
published in June 2021.


MIKESELL TRADING: Taps Kaplan Johnson Abate & Bird as Legal Counsel
-------------------------------------------------------------------
Mikesell Trading, LLC seeks approval from the U.S. Bankruptcy Court
for the Western District of Kentucky to employ Kaplan Johnson Abate
& Bird, LLP as counsel.

The firm will provide the following services:

     (a) advise the Debtor with respect to its powers and duties;

     (b) take all necessary action to protect and preserve the
estate;

     (c) prepare on behalf of the Debtor all legal documents; and

     (d) perform any and all other legal services for the Debtor in
connection with this Chapter 11 case and the formulation and
implementation of its Chapter 11 Plan.

The firm will receive $750 per month for post petition services.

Tyler Yeager, Esq., an attorney at Kaplan Johnson Abate & Bird,
disclosed in a court filing that the firm is a "disinterested
person" as defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached through:
     
     Tyler R. Yeager, Esq.
     Kaplan Johnson Abate & Bird, LLP
     710 W. Main St., 4th Floor
     Louisville, KT 40202
     Telephone: (502) 416-1630
     Facsimile: (502) 540-8282
     Email: tyeager@kaplanjohnsonlaw.com

                     About Mikesell Trading

Mikesell Trading, LLC, doing business as 1370 Collective, is an
Amazon-first accelerated brand agency designed to help apparel
products become an Amazon Bestseller.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. W.D. Ky. Case No. 24-31363) on May 24,
2024, with $500,000 to $1 million in assets and $1 million to $10
million in liabilities. Evan Mikesell, director of operations,
signed the petition.

Judge Joan A. Lloyd oversees the case.

Tyler R. Yeager, Esq., at Kaplan Johnson Abate & Bird, LLP
represents the Debtor as counsel.


MILK STREET: Hires Casner & Edwards LLP as Counsel
--------------------------------------------------
Milk Street Cafe, Inc. seeks approval from the U.S. Bankruptcy
Court for the District of Massachusetts to employ Casner & Edwards,
LLP as counsel.

The firm will provide these services:

     a. provide legal advice with respect to the Debtor's powers
and duties as debtor-in-possession in the continued operation of
its business and management of its properties;

     b. prepare on behalf of the Debtor necessary applications,
motions, answers, orders, reports and other legal papers;

     c. appear in, and to protect the interests of the Debtor
before this Court;

     d. pursue Court approval of and consummation of any proposed
transaction involving the Debtor or its assets, including through
means of a sale or restructuring plan;

     e. represent the Debtor in litigation matters before this
Court; and

     f. perform all other legal services for the Debtor which may
be necessary and proper in this Chapter 11 case.

The firm will be paid at these rates:

     Partners       $450 to $725 per hour
     Associates     $350 to $525 per hour
     Paralegals     $275 per hour

The firm held a retainer in the amount of $75,787.

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

John T. Morrier, Esq., a partner at Casner & Edwards, LLP,
disclosed in a court filing that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached at:

     John T. Morrier, Esq.
     Casner & Edwards, LLP
     303 Congress Street
     Boston, MA 02210
     Tel: (617) 426-5900
     Email: morrier@casneredwards.com

              About Milk Street Cafe, Inc.

Milk Street Cafe, Inc. in Boston, MA, filed its voluntary petition
for Chapter 11 protection (Bankr. D. Mass. Case No. 24-11233) on
June 20, 2024, listing $1,099,666 in assets and $3,245,762 in
liabilities. Marc Epstein as president, signed the petition.

CASNER & EDWARDS, LLP serve as the Debtor's legal counsel.


MINI MANIA: Hires FoxLaw Corporation as Bankruptcy Counsel
----------------------------------------------------------
Mini Mania, Inc., seeks approval from the U.S. Bankruptcy Court for
the Eastern District of California to employ FoxLaw Corporation,
Inc. as bankruptcy counsel.

The firm will provide these services:

     a. prepare on behalf of the Debtor in Possession all necessary
motions, applications, answers, orders, reports and other pleadings
and documents in connection with the administration of the
Bankruptcy Case;

     b. advise and represent the Debtor in Possession with respect
to all matters and proceedings in this Bankruptcy Case;

     c. assist the Debtor in Possession in all bankruptcy issues
which may arise in the operation of its business, including
negotiations with creditors;

     d. take necessary legal action to protect and preserve the
Estate and its assets;

     e. take necessary action in connection with any plan and
disclosure statement;

     f. perform all other necessary legal services in connection
with the prosecution of this Case; provided however, that to the
extent FoxLAw determines that such services fall outside the scope
of services historically or generally performed by FoxLaw, then
FoxLaw will file a supplemental application if necessary.

The firm will be paid at these rates:

     Steven R. Fox               $600 per hour
     Barry R. Wegman             $550 per hour
     Paralegal                   $150 per hour

The firm received from the Debtor a retainer in the amount of
$50,000.

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

Steven R. Fox, Esq., a partner at Foxlaw Corporation, Inc.,
disclosed in a court filing that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached at:

     Steven R. Fox, Esq.
     The Fox Law Corporation, Inc.
     17835 Ventura Blvd., Suite 306
     Encino, CA 91316
     Tel: (818) 774-3545
     Fax: (818) 774-3707
     Email: srfox@foxlaw.com

              About Mini Mania, Inc.,

Mini Mania Inc., d/b/a Sprintboostersales.com, owns and operates
automotive parts, accessories, and tire stores. On the Web:
https://minimania.com/

Mini Mania Inc. sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D. Cal. Case No. 24-22456) on June 4,
2024. In the petition filed by Jonathan Harvey, as president, the
Debtor reports total assets of $1,155,121 and total liabilities of
$3,312,513.

The Honorable Bankruptcy Judge Fredrick E Clement oversees the
case.

The Debtor is represented by Steven R. Fox, Esq., at The FoxLaw
Corporation, Inc.


MIRACLE RESTAURANT: Arby's Franchisee Seeks Chapter 11 Bankruptcy
-----------------------------------------------------------------
Julie Littman of Restaurant Dive reports that Arby's franchisee,
Miracle Restaurant Group LLC, files for Chapter 11 bankruptcy.

Miracle Restaurant Group, a 25-unit Arby's franchisee, declared
Chapter 11 bankruptcy on June 20, 2024 ,according to court
filings.

The company, which has been an Arby's operator since 2005, has
restaurants in Illinois, Indiana, Texas, Mississippi and Louisiana,
Donald Moore, manager and member of Miracle Restaurant Group, said
in a court filing.

In addition to the impact of the COVID-19 pandemic, the operator
cited inflationary pressures, negative same-store sales, an
inability to sell underperforming locations and the failure of the
IRS to timely refund over $3 million to the company as part of
Employee Retention Tax Credits as reasons for filing for bankruptcy
protections, Moore said.

This isn't the first time the chain has filed for Chapter 11. In
2010, the company operated over 60 stores, but filed for bankruptcy
protection under Chapter 11, leading to closures of a number of
stores. Creditors were paid in full under its restructuring plan,
Moore said in the court filing.

Economic conditions appear to be more dynamic this time around for
the operator. Negative same-store sales compressed profit margins
that have not helped cover fixed costs. Price increases also
couldn't adequately compensate for a rise in labor and commodity
expenses, resulting in an erosion of its cash position, Moore said.


Restaurants developed over the last three years also have had
disappointing store sales.

"The negative same store sales and lower than anticipated sales
from newer stores have resulted in certain stores that operate at
extremely low or (at times) negative cash flow on a weekly and
monthly basis," Moore said.

To help offset its declining financial situation, the operator
approached its landlords and Arby's for relief, but the responses
were not enough to keep the franchisee from bankruptcy, Moore said.


Miracle also tried to sell some of its Texas and Chicago-land area
locations, but has not been able to secure offers. Moore said
overall declines in Arby's systemwide same-store sales and low
sales to fixed cost ratios of certain Miracle restaurants
contributed to the bankruptcy. Last September, it sold three stores
in Indiana and used those proceeds to pay down debt.

As part of its bankruptcy filing, the operator plans to sell seven
Texas stores, eight Illinois stores and two Indiana stores and to
focus on operating its Louisiana and Mississippi stores leaving it
with eight remaining locations, Moore said. Miracle has retained
Peak Franchise Capital to advise in marketing the sale of these
restaurants.

The company said it has 200 to 999 estimated number of creditors,
$1 million to $10 million in assets and $1 million to $10 million
in liabilities in a court filing.

Bankruptcies have been on the rise among QSR franchisees. Since the
start of 2023, franchisees of Burger King, CKE, McDonald's,
Popeyes, Subway and Wendy's have sought bankruptcy protection.
Operators have been under increased financial pressure due to
rising labor and food costs, difficulty raising capital to fund
expansions or remodels to help drive sales and falling consumer
traffic, among other factors.

          About Miracle Restaurant Group LLC

Miracle Restaurant Group LLC owns and operates a fast food
restaurant.

Miracle Restaurant Group LLC sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. E.D. La. Case No. 24-11158) on June
20, 2024. In the petition signed by Donald Moore, as managing
member, the Debtor reports estimated assets and liabilities between
$1 million and $10 million each.

Honorable Bankruptcy Judge Meredith S. Grabill oversees the case.

The Debtor is represented by:

     Douglas S. Draper, Esq.
     HELLER, DRAPER & HORN, LLC
     650 Poydras Street
     Suite 2500
     New Orleans, LA 70130
     Tel: 504-299-3300
     Fax: 504-299-3399
     Email: ddraper@hellerdraper.com

Debtor's
Financial
Advisor:            PEAK FRANCHISE CAPITAL, LLC


MOD PIZZA: Reportedly Preparing for Potential Bankruptcy
--------------------------------------------------------
Reshmi Basu of Bloomberg News reports that fast-casual restaurant
chain Mod Pizza is preparing a potential bankruptcy filing,
according to people with knowledge of the matter.

The company may enter court protection as soon as next week, said
one of the people, who asked not to be identified because
discussions are private. Talks aren't final and plans could change,
they added.

"We're working diligently to improve our capital structure and are
exploring all options to do so," a Mod Pizza spokesperson said in
an emailed statement.

The company has more than 500 locations across the US and got its
start in 2008 in Seattle. Known for its custom personal pizzas and
salads, it received a $150 million investment from Clayton Dubilier
& Rice in 2019. It filed paperwork for an initial public offering
in 2021.

Several casual dining chains have sought bankruptcy protection this
year amid struggles with rising inflation and a pullback in
consumer spending. Fish taco chain Rubio's Coastal Grill filed for
its second bankruptcy last month, citing high labor costs. Red
Lobster entered court protection in May 2024.

                         About Mod Pizza

Mod Pizza is a fast-casual restaurant chain.


MONTGOMERY TREE FARM: Commences Subchapter V Bankruptcy Process
---------------------------------------------------------------
Montgomery Tree Farms of Texas Ltd. filed Chapter 11 protection in
the Eastern District of Texas.  The Debtor reports between $1
million and $10 million in debt owed to 1 and 49 creditors.  The
petition states funds will be available to unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 26, 2024 at 10:30 a.m. in Room Telephonically.

        About Montgomery Tree Farms of Texas Ltd.

Montgomery Tree Farms of Texas Ltd. operates in the agriculture
industry.

Montgomery Tree Farms of Texas sought relief under Subchapter V of
Chapter 11 of the Bankruptcy Code (Bankr. E.D. Tex. Case No.
24-41560) on July 1, 2024.  In the petition filed by Philip
Williams, managing member of General Partner of Montgomery Tree
Farms, the Debtor estimated assets and liabilities between $1
million and $10 million.

The Debtor is represented by:

     John Paul Stanford, Esq.
     QUILLING, SELANDER, LOWNDS, WINSLETT & MOSER, P.C.
     2001 Bryan Street 1800
     Dallas TX 75201
     Tel: (214) 880-1851
     E-mail: jstanford@qslwm.com


MOUNTAIN SPORTS: Asks Court Approval for Chapter 11 Inventory Sale
------------------------------------------------------------------
Emlyn Cameron of Law360 Bankruptcy Authority reports that outdoor
clothing and sporting goods business Mountain Sports LLC asked a
Delaware bankruptcy judge to approve inventory sales by two retail
chains the company owns as part of its Chapter 11 case.

                     About Mountain Sports

Mountain Sports LLC, doing business as Bob's Stores, Eastern
Mountain Sports, EMS, and Sport Chalet, is a sporting goods, hobby
and musical instrument retailer.

Mountain Sports LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Case No. 24-11385) on June 18,
2024. In the petition filed by David Barton, authorized
representative Bob's EMS Holdings LLC, manager of Debtor's sole
member, the Debtor reports estimated assets and liabilities between
$10 million and $50 million each.

The Honorable Bankruptcy Judge Mary F. Walrath oversees the case.

The Debtor is represented by:

     Maria Aprile Sawczuk, Esq.
     GOLDSTEIN & MCCLINTOCK LLLP
     501 Silverside Road
     Suite 65
     Wilmington, DE 19809
     Tel: 302-444-6710
     Fax: 302-444-6709
     Email: marias@goldmclaw.com


MOUNTAIN SPORTS: U.S. Trustee Appoints Creditors' Committee
-----------------------------------------------------------
The U.S. Trustee for Regions 3 and 9 appointed an official
committee to represent unsecured creditors in the Chapter 11 cases
of Mountain Sports, LLC and its affiliates.

The committee members are:

     1. Amer Sports Winter and Outdoor Co.
        Attn: Emily Landeryou
        2030 Lincoln Ave.
        Ogden, UT 84401
        Phone (801) 624-7557
        Email: emily.landeryou@amersports.com

     2. Ariat International, Inc.
        Attn: Craig Breitinger
        1500 Alvarado St. #100
        San Leandro, CA 94577
        Phone: (510) 477-7026
        Email: craig.breitinger@ariat.com

     3. Marmot Mountain LLC
        Attn: Leslie Williamson
        5789 State Farm Drive, Suite 200
        Rohnert Park, CA 94928
        Phone: (707) 541-2199
        Email: credit@marmot.com

     4. Oboz Footwear LLC
        Attn: Rob Leo
        212 S Wallace Ave., Suite 103
        Bozeman, MT 59715
        Phone: (406) 522-0319
        Email: rleo@obozfootwear.com

     5. VF Corp
        Attn: Darin Newton
        N 850 County Hwy CB
        Appleton, WI 54912
        Phone: (920) 441-7205
        Email: darin_newton@vfc.com
  
Official creditors' committees serve as fiduciaries to the general
population of creditors they represent.  They may investigate the
debtor's business and financial affairs. Committees have the right
to employ legal counsel, accountants and financial advisors at a
debtor's expense.

                       About Mountain Sports

Mountain Sports, LLC is a sporting goods, hobby and musical
instrument retailer in Meriden, Conn.

Mountain Sports filed Chapter 11 petition (Bankr. D. Del. Case No.
24-11385) on June 18, 2024, with $10 million to $50 million in both
assets and liabilities.

Judge Mary F. Walrath oversees the case.

Maria Aprile Sawczuk, Esq., at Goldstein & McClintock, LLLP is the
Debtor's legal counsel.


MR. G'S PROPERTIES: Voluntary Chapter 11 Case Summary
-----------------------------------------------------
Debtor: Mr. G's Properties, LLC
        53 Clearwater Avenue
        Massapequa, NY 11758

Business Description: Mr. G's Properties is primarily engaged in
                      renting and leasing real estate properties.
                      The Debtor owns a one family house located
                      at 53 Clearwater Avenue, Massapequa, NY
                      11758 having a current value of $1.4
                      million.

Chapter 11 Petition Date: July 10, 2024

Court: United States Bankruptcy Court
       Eastern District of New York

Case No.: 24-72692

Judge: Hon. Robert E Grossman

Debtor's Counsel: Heath S. Berger, Esq.
                  BERGER, FISCHOFF, SHUMER, WEXLER & GOODMAN, LLP
                  6901 Jericho Turnpike, Suite 230
                  Syosset, NY 11791
                  Tel: 516-747-1136
                  Email: hberger@bfslawfirm.com/
                         gfischoff@bfslawfirm.com

Total Assets: $1,400,100

Total Liabilities: $1,307,002

The petition was signed by Shannon Gerardi, managing member.

The Debtor indicated in the petition it has no unsecured
creditors.

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

https://www.pacermonitor.com/view/JNRIRJY/Mr_Gs_Properties_LLC__nyebke-24-72692__0001.0.pdf?mcid=tGE4TAMA


MR. TORTILLA: Hires Oliver Bookkeeping as Bookkeeper
----------------------------------------------------
Mr. Tortilla, Inc., seeks approval from the U.S. Bankruptcy Court
for the Central District of California to employ Oliver Bookkeeping
as bookkeeper.

The firm will assist the Debtor in the review or recreation of the
financial data from 2021, 2022 and 2023, and preparation of the
financial reports.

The firm will be paid a flat fee of $6,000 for the review of the
last three years historical financial data. The firm will be paid
$50 per hour for the monthly financial data reports.

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

Natalie Oliver, a partner at Oliver Bookkeeping, disclosed in a
court filing that the firm is a "disinterested person" as the term
is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Natalie Oliver
     Oliver Bookkeeping
     23304 SE 266th St.
     Maple Valley, WA 98038
     Tel: (425) 413-0898

              About Mr. Tortilla, Inc.

Mr. Tortilla, Inc. operates bakeries and tortilla manufacturing
business in San Fernando, Calif.

The Debtor filed Chapter 11 petition (Bankr. C.D. Calif. Case No.
24-10228) on February 14, 2024, with $1 million to $10 million in
assets and $10 million to $50 million in liabilities. Anthony
Alcazar, president, signed the petition.

Judge Victoria S. Kaufman oversees the case.

Michael Jay Berger, Esq., at the Law Offices of Michael Jay
Berger,is the Debtor's bankruptcy counsel.


NEELY GROUP: Seeks to Extend Plan Exclusivity to October 14
-----------------------------------------------------------
The Neely Group, Inc., asked the U.S. Bankruptcy Court for the
Northern District of Illinois to extend its exclusivity period to
file a chapter 11 plan of reorganization and disclosure statement
to October 14, 2024.

The Debtor has operated two UPS Store locations and maintains it
has at least an agreement to form an agreement with UPS to operate
a third store. The Court has ruled that the two existing locations
were properly terminated by UPS, but that ruling is under appeal.

In any event, in order to deal with the possibility it will lose
the appeal, the Debtor is attempting to establish itself as a
general delivery service for many carriers such as DHL, USPS,
FedEx, as well as UPS, as well as continuing its mailbox services,
none of which require a franchise.

The Debtor claims that additional time is required in order to
prepare and finalize a plan of reorganization.

The Debtor submits that there is sufficient cause to extend the
time to file a Plan and Disclosure Statement and exclusive right to
do so because the case is only approaching four months in age and
the Debtor is attempting to make a transformation into a broader
based company and dealing with its premises landlords as well as
the identified appeal.  

The Neely Group, Inc., is represented by:

     Keevan D. Morgan, Esq.
     Morgan & Bley, Ltd.
     900 W. Jackson Blvd., Ste. 4E
     Chicago, Illinois 60607
     Phone: 312.753.6956
     Email: kmorgan@morganandbleylimited.com

                     About The Neely Group Inc.

The Neely Group, Inc., sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 24-03859) on March
18, 2024.  In the petition signed by Morrell Neely, owner, the
Debtor disclosed up to $500,000 in assets and up to $10 million in
liabilities.  Judge Benjamin Goldgar oversees the case.  Morgan &
Bley, Ltd., is counsel to the Debtor.



NEON MAPLE: S&P Assigns Preliminary 'B+' ICR, Outlook Stable
------------------------------------------------------------
S&P Global Ratings assigned a preliminary 'B+' issuer credit rating
and a 'B+' preliminary issue-level rating based on a '3' recovery
rating to its new first-lien debt on Neon Maple Purchaser Inc.

The stable outlook reflects S&P's expectation that Nuvei's revenue
will grow approximately 12.5%, increase its levels of
profitability, and generate free operating cash flow (FOCF) of at
least $160 million to reduce its S&P Global Ratings-adjusted
leverage to 5x by the end of fiscal 2025 while adhering to
financial policies that will support sustaining leverage at these
levels.

Neon Maple Purchaser Inc., an entity created by affiliates of
Advent International (Advent) to facilitate the acquisition of
Nuvei Corp. (Nuvei), is proposing to issue a new seven-year, $2.55
billion first-lien term loan and a new $600 million, five-year
revolving credit facility as part of its financing plan for the
transaction, which also includes a new equity contribution from
Advent and Nuvei's founder and existing financial sponsors
retaining minority stakes in the company.

S&P said, "Nuvei's increased debt burden and financial policy
considerations suggest increased financial risk, but we still see
good prospects for deleveraging under current operating trends.
Assuming the transaction closes at year-end 2024, we forecast
starting leverage in the mid-6x area on an S&P Global
Ratings-adjusted basis, which could be lower if the transaction
occurs at a later date. We expect its leverage will decline to the
low-5x area by the end of 2025 due to EBITDA growth. Increases in
EBITDA will be due to revenue growth as Nuvei gains new customers
and expands wallet share of existing customers. Growth will also
come from selling, general, and administrative (SG&A) and operating
leverage improvements, partially offset by modest margin pressure
as Nuvei targets new enterprise-level customers.

"Irrespective of the starting leverage and our projected credit
metrics in 2025, which we view as slightly more conservative for a
sponsor-owned transaction, our financial risk profile assessment
will remain constrained by the financial policy risks we ascribe to
issuers under sponsor ownership. These issuers usually leverage
transactions to maximize returns over their finite holding period,
prioritizing the benefit of controlling owners.

"We believe qualitative considerations around the ownership
structure and governance partially mitigate Nuvei's financial
policy-related risks. While our financial policy risk constrains
our ratings, additional details on the transaction and governance
lead us to believe Nuvei's risk of releveraging is lower than is
typically ascribed to a sponsor-owned company. We consider the
company's initial leverage lower than that of many other
sponsor-owned issuers we rate. We also note equity ownership in the
company will include four significant shareholders, including
Advent, the largest shareholder, with a 46% stake and majority
control of the board. The remaining 54% comprises Nuvei's existing
shareholders, Philip Fayer, certain investment funds managed by
Novacap Management Inc., and CDPQ, which retain a portion of their
existing stake per a rollover agreement with Advent and will have
ownership of 24%, 18%, and 12%, respectively.

"With this level of minority ownership and board representation, we
do not foresee Advent having unchecked control of company
decision-making. We also believe Advent is making this investment
with a growth-oriented investment thesis. Given strong secular
industry growth trends, Nuvei's product offerings, and operating
footprint, as well as the extensive background in the payments
space that Advent brings with the investment, we forecast
attractive prospects for multiple avenues of organic growth. This
could include further expediting Nuvei's initiatives of developing
offerings for its B2B/Government/ISV (Independent Software Vendor)
segment, increasing direct sales efforts, or expanding its presence
in the Latin America and Asia-Pacific markets.

"Nuvei's growth and expanding payment offerings drive our improved
view of its business. Through both organic growth and acquisitions,
Nuvei expanded its revenue scale at a compound annual growth rate
of 28% from the end of 2021 to the end of 2023 and reached revenue
of $1.27 billion for the 12 months ended March 2024. The company
concurrently broadened its international presence and intends to
reach further into international markets, which we believe will
increase its ability to meet the needs of the global enterprise
customers it has been focusing on.

"It also broadened its offerings in business-to-business and
government payments, largely supported by its nearly completed
integration of Paya. As Nuvei allows its customers to select
specific payment products as needed, we believe this expanded
offering will provide customers with additional optionality to
choose from while also further diversifying and stabilizing Nuvei's
revenue streams.

"The stable outlook reflects our expectation that Nuvei will
generate revenue growth of approximately 12.5%, increased levels of
profitability, and FOCF of at least $160 million to reduce its S&P
Global Ratings-adjusted leverage to 5x by the end of fiscal 2025
while adhering to financial policies that will support sustaining
leverage at these levels."

S&P could lower our ratings on Nuvei if it expects the company to
sustain S&P Global Ratings-adjusted debt to EBITDA of about 6x.
This could occur if:

-- It demonstrates less conservative financial policies than
suggested by management's stated leverage targets, such as pursuing
significant debt-financed acquisitions; or

-- Its operating performance materially underperforms our
forecast, possibly because of economic weakness, increased
competitive pressures, or operational missteps that increase
costs.

S&P said, "We could raise our ratings on Nuvei if it reduces its
S&P Global Ratings-adjusted leverage well below 5x over the next 12
months through earnings growth and voluntary debt repayment and we
believe it will sustain leverage at this level while pursuing
acquisitions and strategic investments.

"ESG factors are an overall neutral consideration in our credit
analysis of Nuvei. While governance is typically a moderately
negative consideration for rated entities owned by private-equity
sponsors, we believe the CEO's controlling position offsets some of
the governance factors that are characteristic of sponsor-owned
companies."



NEVER FORGET: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------
Debtor: Never Forget Brands, LLC
        2202 Waterway Blvd.
        Isle of Palms, SC 29451

Business Description: The Debtor owns a beverage manufacturing
                      business.

Chapter 11 Petition Date: July 10, 2024

Court: United States Bankruptcy Court
       District of South Carolina

Case No.: 24-02470

Judge: Hon. Elisabetta Gm Gasparini

Debtor's Counsel: Christine E. Brimm, Esq.
                  BARTON BRIMM, PA
                  P.O. Box 14805
                  Myrtle Beach SC 29587
                  Tel: 803-256-6582
                  Email: cbrimm@bartonbrimm.com

Total Assets: $14,870,259

Total Liabilities: $13,724,193

The petition was signed by Zachary David as manager.

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

https://www.pacermonitor.com/view/4SLUTMQ/Never_Forget_Brands_LLC__scbke-24-02470__0001.0.pdf?mcid=tGE4TAMA

List of Debtor's 20 Largest Unsecured Creditors:

   Entity                        Nature of Claim      Claim Amount

1. Pavisa USA, LLC                                      $2,153,742
1989 NW 88 Court, Suite 101
Miami, FL, 33172

2. Learfield Communications, LLC                        $2,100,000
P.O. Box 843038
Kansas City, MO, 64184

3. The Acceleration Group, LLC                          $1,016,018
4 Market Square Street
Apt. 403
Knoxville, TN, 37902

4. Buffalo Bills, LLC               Judgment Liens        $560,000
One Bills Drive
Orchard Park, NY, 14027

5. Stadium Management Company                             $500,000
1701 Bryant Street
Denver, CO, 80204

6. Kraft Sports and                 Judgment Liens        $450,000
Entertainment, LLC   
One Patriot Place
Foxboro, MA, 02035

7. Revel Xp, LLC                    Judgment Liens        $377,678
P.O. Box 21528
Winston Salem, NC, 27120

8. Internal Revenue Service          Taxes & Other        $250,000
Payroll Taxes                      Government Units
1111 Constitution Avenue Northwest
Washington, DC, 2022

9. American Express                                       $181,183
200 Vesey Street
New York, NY, 10285

10. Horizon Beverage Company, Inc.                        $150,000
45 Commerce Way
Norton, MA, 02766

11. Baltimore Ravens                                      $150,000
1 Winning Drive
Owings Mills, MD, 21117

12. New Orleans Saints                                    $150,000
5800 Airline Drive
Metairie, LA, 70003

13. Indianapolis Colts, Inc.                              $110,000
7001 W. 56th Street
Indianapolis, IN, 46254

14. US Small Business Administration                       $97,400
2 North 20th Street, Suite 320
Birmingham, AL, 35203

15. Brand Muscle, Inc.                                     $97,047
233 South Wacker Drive, Suite 5650
Chicago, IL, 60606

16. Law offices of L.W. Cooper, Jr.                        $81,503
36 Broad Street
Charleston, SC, 29401

17. Hans Kennon                                            $50,000
341 Brantley Club Place
Longwood, FL, 32779

18. Department of the Treasury        Taxes & Other        $50,000
Alcohol and Tobacco Tax             Government Units
425 Hurffville-Cross Keys Road #8669,
US Post Office
Blackwood, NJ, 08012

19. Bank of America                                        $35,764
Mastercard Travel Rewards
P.O. Box 660441
Dallas, TX, 75266

20. Bank of America                                        $34,215
Mastercard Travel Rewards
P.O. Box 660441
Dallas, TX, 75266


NGP XI MIDSTREAM: Moody's Assigns First Time B3 Corp. Family Rating
-------------------------------------------------------------------
Moody's Ratings assigned first time ratings to NGP XI Midstream
Holdings, L.L.C. (NGP Midstream), including a B3 Corporate Family
Rating, a B3-PD Probability of Default Rating, Ba3 rating to its
proposed senior secured super priority revolving credit facility
and B3 rating to its proposed $400 million senior secured 1st lien
term loan. The rating outlook is stable.

NGP Midstream is an investment of NGP Natural Resources XI, LP
(NGP, unrated). The proceeds of NGP Midstream's term loan will be
primarily used to fund a distribution to its owners and to repay
outstanding borrowings under its existing revolving credit
facility. NGP owns through NGP Midstream a 49.9% interest in
Delaware G&P LLC, a joint venture (JV) with EnLink Midstream, LLC
(EnLink, Ba1 stable), with EnLink owning the remaining ownership
interest and operating the JV assets. The JV is expected to remain
unlevered. The JV's assets currently include 5 natural gas
processing plants capable of processing 785 million cubic feet
(MMcf) per day within its area of mutual interest (AMI) across
Loving County, TX and Eddy and Lea Counties, NM in the northern
Delaware Basin.

"NGP Midstream's B3 CFR is supported by distributions from its JV
ownership interest in processing assets operating in the prolific
northern Delaware Basin and benefits from its strong influence on
the JV's financial policies," commented Amol Joshi, Moody's Ratings
Vice President and Senior Credit Officer. "The ratings also
incorporate the borrower's elevated leverage, minority ownership
position and reliance on distributions from a relatively small
asset base."

RATINGS RATIONALE

NGP Midstream's B3 CFR reflects its 49.9% ownership in the JV with
EnLink with assets in the northern Delaware Basin, as well as its
strong contractual rights and expected influence on key decisions
of the JV. The JV's assets are concentrated in three counties
within the Delaware Basin and are exposed to volume risk involved
in producer customers utilizing its plants to process natural gas
production volumes. The JV's contracts are largely fee-based with
approximately 80% of its 2023 revenue being fixed-fee, reducing
direct commodity price risk. These contracts are supported by
acreage dedications and almost 30% of its processing capacity is
underpinned by minimum volume commitment contracts mitigating
volume risk. The JV's customers are predominantly investment-grade
with a remaining weighted average contract life of roughly 6 years.
Additionally, the JV's assets are jointly owned by EnLink which is
higher rated and is a seasoned operator of assets. Based on its
business profile and the implicit burden to support its owners'
debts, Moody's view the JV to be of a high B credit quality. While
the JV is expected to remain unlevered and distribute a substantial
majority of its cash flows to its partners, NGP Midstream is
structurally subordinated to the operating entity which has to
cover its operating costs before distributing cash to its owners.

Governance is a key ratings consideration, including NGP
Midstream's financial strategy and risk management. NGP Midstream's
initial leverage will be elevated to exceed 5x its proportionate
share of JV distributions and leverage metrics should modestly
improve over time. From a governance perspective, NGP Midstream
will have the ability to elect two of the four JV board members,
allowing NGP Midstream to exercise strong influence over major
decisions involving the JV, such as debt incurrence, budgeting and
distribution policy. At any time after June 30, 2025, NGP has the
right to cause the JV to sell all of the outstanding interests or
assets of the JV for the best available price; provided that, if
NGP exercises this right, EnLink is permitted to purchase NGP's
interest at a certain call price.

The secured term loan is rated B3, consistent with the B3 CFR. The
term loan will be secured by a pledge of NGP Midstream's equity
interest in the JV and security interest in substantially all of
its assets. The revolver is rated Ba3, reflecting its super
priority preference over the term loan; however, because of the
small size of the revolver compared to the term loan, the term loan
is rated the same as the CFR.

Marketing terms for the new credit facilities (final terms may
differ materially) include the following: Incremental pari passu
debt capacity up to $40 million, plus unlimited amounts subject to
3.5x total net leverage, with no inside maturity sublimit. There
are no "blocker" provisions which prohibit the transfer of
specified assets to unrestricted subsidiaries. The credit agreement
provides some limitations on up-tiering transactions, requiring
affected lender consent for amendments that subordinate the debt
and liens unless such lenders can ratably participate in such
priming debt.

Moody's expect that NGP Midstream will maintain adequate liquidity
through mid-2025. The company should receive sufficient JV
distributions during that time to fully fund its debt service
obligations and capital expenditures. At the closing of the
transaction, NGP Midstream is expected to have an undrawn $40
million revolver. NGP Midstream has a mandatory cash flow sweep
provision on the term loan requiring the company to apply 100% of
its excess cash flow towards debt reduction if net leverage exceeds
5x, stepping down to lower proportions of excess cash flow at
reduced net leverage and none when net leverage is equal to or
lower than 3x. The term loan requires NGP Midstream to maintain a
debt service reserve account equal to the amount of the term loan's
interest expense and required amortization payments reasonably
anticipated to be due and payable over the next six-month period as
long as net leverage remains above 3x. The term loan will have a
minimum debt service coverage ratio covenant of 1.1x. In addition,
the revolver will have financial covenants including a minimum debt
service coverage ratio of 1.1x and a maximum super priority net
leverage ratio of 1x. Moody's expect the company to be in
compliance with its covenants through mid-2025.

The stable rating outlook reflects Moody's expectation that NGP
Midstream will continue to receive sufficient distributions to fund
its debt service and will modestly improve its leverage metrics
over time.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

NGP Midstream's ratings could be upgraded if the company achieves
meaningful scale upon growing processing capacity with
corresponding earnings growth, interest coverage exceeds 3x and
liquidity remains at least adequate.

Ratings could be downgraded if JV distributions fall materially,
debt/EBITDA exceeds 6x, remaining contract term shortens
significantly, or if liquidity meaningfully deteriorates.

NGP XI Midstream Holdings, L.L.C. owns a 49.9% interest in Delaware
G&P LLC, a joint venture with EnLink Midstream, LLC owning natural
gas processing assets in the northern Delaware Basin.

The principal methodology used in these ratings was Midstream
Energy published in February 2022.


NORRIS TRAINING: Voluntary Chapter 11 Case Summary
--------------------------------------------------
Four affiliates that concurrently filed voluntary petitions for
relief under Chapter 11 of the Bankruptcy Code:

    Debtor                                         Case No.
    ------                                         --------
    Norris Training Systems, LLC (Lead Case)       24-10807
    13810 Champions Forest, Suite 144
    Houston TX 77069

    Norris Management, LLC                         24-10808
    13810 Champions Forest, Suite 144
    Houston, TX 77069

    Catering by Norris, LLC                        24-10809
    13810 Champions Forest, Suite 144
    Houston TX 77069

    Surge Norris Holdings LLC                      24-10810
    1919 McKinney Avenue, Suite 2001
    Dallas TX 75201

Business Description: The Debtors own and operate general rental
                      centers.  Catering by Norris is a premium
                      catering Company in Houston and San Antonio.

                      The Debtors also host meetings,
                      conferences, training programs, and/or trade
                      shows.

Chapter 11 Petition Date: July 10, 2024

Court: United States Bankruptcy Court
       Western District of Texas

Judge: Hon. Shad Robinson

Debtors' Counsel: Jennifer F. Wertz, Esq.
                  JACKSON WALKER LLP
                  100 Congress Avenue, Suite 1100
                  Austin TX 78701
                  Tel: (512) 236-2247
                  Email: jwertz@jw.com  

Estimated Assets
(on a consolidated basis): $10 million to $50 million

Estimated Liabilities
(on a consolidated basis): $10 million to $50 million

The petitions were signed by David Norris as president.

The Debtors failed to include in the petitions lists of their 20
largest unsecured creditors.

Full-text copies of the petitions are available for free at
PacerMonitor.com at:

https://www.pacermonitor.com/view/OKH4KXY/Norris_Training_Systems_LLC__txwbke-24-10807__0001.0.pdf?mcid=tGE4TAMA

https://www.pacermonitor.com/view/O236CRA/Catering_by_Norris_LLC__txwbke-24-10809__0001.0.pdf?mcid=tGE4TAMA

https://www.pacermonitor.com/view/OT3242Y/Norris_Management_LLC__txwbke-24-10808__0001.0.pdf?mcid=tGE4TAMA

https://www.pacermonitor.com/view/PD6D4NI/Surge_Norris_Holding_LLC__txwbke-24-10810__0001.0.pdf?mcid=tGE4TAMA


NORTHWEST BIOTHERAPEUTICS: All 5 Proposals Passed at Annual Meeting
-------------------------------------------------------------------
Northwest Biotherapeutics, Inc., held an annual meeting of
stockholders on June 29, 2024, at which the stockholders:

   (1) re-elected Dr. Alton L. Boynton and Ambassador J. Cofer
Black for a new three-year terms as Class I members of the Board of
Directors;

   (2) ratified the appointment of Cherry Bekaert LLP as the
Company's independent registered public accounting firm for the
fiscal year ending Dec. 31, 2024;

   (3) ratified the same option awards that were made in 2020 to
the named executive officers and for which the stockholders already
voted in favor in an advisory vote at the 2021 Annual Meeting and
in a ratification vote at the 2022 Annual Meeting;

   (4) ratified the same option awards that were made in 2020 to
the non-executive Directors on the Board of Directors, and that
were previously reported and previously approved by stockholders at
the 2022 Annual Meeting; and

   (5) approved, on an advisory basis, the Company's 2023 executive
compensation.

                    About Northwest Biotherapeutics

Northwest Biotherapeutics, Inc. is a biotechnology company focused
on developing personalized immune therapies for cancer. The Company
has developed a platform technology, DCVax, which uses activated
dendritic cells to mobilize a patient's own immune system to attack
their cancer.

Tampa, Florida-based Cherry Bekaert LLP, the Company's auditor
since 2021, issued a "going concern" qualification in its report
dated March 5, 2024, citing that the Company has recurring losses
and negative cash flows from operations that raise substantial
doubt about its ability to continue as a going concern.


NORTHWEST RENEWABLE: Starts Subchapter V Bankruptcy Process
-----------------------------------------------------------
On June 18, 2024, Northwest Renewable Energy Group LLC filed
Chapter 11 protection in the Western District of Washington.
According to court documents, the Debtor reports $5,541,377 in debt
owed to 1 and 49 creditors. The petition states that funds will not
be available to unsecured creditors.

          About Northwest Renewable Energy Group LLC

Northwest Renewable Energy Group LLC, doing Arsiero Logging, is
primarily engaged in cutting timber, producing rough, round, hewn,
or riven primary wood, and producing wood chips in the forest.  

Northwest Renewable Energy Group LLC sought relief under Subchapter
V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Wash. Case
No. 24-11520) on June 18, 2024. In the petition signed by B.
Michael Malgarini, as managing
member, the Debtor reports total assets amounting to $3,392,164 and
total liabilities of $5,541,377.

Honorable Bankruptcy Judge Timothy W. Dore handles the case.

The Debtor is represented by:

     Thomas A. Buford, Esq.
     BUSH KORNFELD LLP
     601 Union St., Suite 5000
     Seattle, WA 98101-2373
     Tel: (206) 292-2110
     Fax: (206) 292-2104
     E-mail: tbuford@bskd.com

Debtor's
Financial
Advisor:          TURNING POINT, LLC


NORWICH DIOCESE: Creditors Stop Supporting Joint Bankruptcy Plan
----------------------------------------------------------------
Randi Love of Bloomberg Law reports that the creditors of Norwich
Diocese end support of joint bankruptcy plan.

A committee of unsecured creditors, which also represents the abuse
claimants, pointed to the US Supreme Court's Thursday ruling that
nonbankrupt third-party liability releases are impermissible if
granted without claimants' consent.

An almost year-old joint plan between the Norwich Roman Catholic
Diocesan Corp. and the committee is unconfirmable following the
high court's 5-4 decision, according to a Thursday letter to abuse
claimants filed in the US Bankruptcy Court for the District of
Connecticut.

                About The Norwich Roman Catholic
                      Diocesan Corporation

The Norwich Roman Catholic Diocesan Corporation is a nonprofit
corporation that gives endowments to parishes, schools, and other
organizations in the Diocese of Norwich, a Latin Church
ecclesiastical territory or diocese of the Catholic Church in
Connecticut and a small part of New York.

The Norwich Roman Catholic Diocesan Corporation sought Chapter 11
protection (Bankr. D. Conn. Case No. 21-20687) on July 15, 2021.
The Debtor estimated $10 million to $50 million in assets against
liabilities of more than $50 million. Judge James J. Tancredi
oversees the case.

The Debtor tapped Ice Miller, LLP, Robinson & Cole, LLP and Gellert
Scali Busenkell & Brown, LLC as bankruptcy counsel, Connecticut
counsel and special counsel, respectively. Epiq Corporate
Restructuring, LLC is the claims and noticing agent.

On July 29, 2021, the U.S. Trustee for Region 2 appointed an
official committee of unsecured creditors in the Chapter 11 case.
The committee tapped Zeisler & Zeisler, PC as its legal counsel.




OCEAN POWER: Signs Deal with AltaSea to Advance Wave Power Projects
-------------------------------------------------------------------
Ocean Power Technologies, Inc. announced July 9, 2024, it has
signed a Memorandum of Understanding (MOU) with AltaSea at the Port
of Los Angeles.  The joint aim is to explore exciting opportunities
within the Blue Economy.  This agreement follows a recent visit to
AltaSea by Philipp Stratmann, CEO and President of OPT.

Philipp Stratmann, CEO and president of OPT, expressed his
enthusiasm about this MOU, stating, "As we continue our growth, we
are excited to partner with AltaSea to explore supporting the group
of companies developing and deploying marine energy and Blue
Economy technologies and projects here in the Port of Los Angeles.
We are also excited about the opportunities for staging our
renewable energy PowerBuoys and WAM-V unmanned surface vehicles at
AltaSea for other projects in the Pacific Ocean."

Jade Clemons, director of the Blue Sustainable Economy Alliance at
AltaSea, shared, "We couldn't be more pleased to welcome OPT to the
AltaSea wave and tidal energy coalition.  There's extraordinary
potential, and extraordinary need, for marine energy in California
as the state strives to meet its clean energy goals.  The
experience and expertise OPT brings to the space will be valuable
to advancing the industry as a whole statewide."

                   About Ocean Power Technologies

Headquartered in Monroe Township, New Jersey, OPT --
http://www.OceanPowerTechnologies.com-- provides ocean data
collection and reporting, marine power, offshore communications,
and Maritime Domain Awareness System ("MDA" or "MDAS") products,
integrated solutions, and consulting services. The Company offers
its products and services to a wide range of customers, including
those in government and offshore energy, oil and gas, construction,
wind power and other industries. The Company is involved in the
entire life cycle of product development, from product design
through manufacturing, testing, deployment, maintenance and
upgrades, while working closely with partners across its supply
chain. The Company also works closely with its third-party partners
that provide it with, among other things, software, controls,
sensors, integration services, and marine installation services.
The Company's solutions are based on proprietary technologies that
enable autonomous, zero or low carbon emitting, and cost-effective
data collection, analysis, transportation and
communication.

Ocean Power said in its Quarterly Report for the period ended Jan.
31, 2024, that "For the nine months ended January 31, 2024 and
through the date of filing of this Form 10-Q, management has not
obtained any material additional capital financing. Management
believes the Company's current cash balance at January 31, 2024 of
$4.9 million and short term investments balance of $4.4 million may
not be sufficient to fund its planned expenditures through at least
March 2025.  These conditions raise substantial doubt about the
Company's ability to continue as a going concern.  The ability to
continue as a going concern is dependent upon the Company's
operations in the future and/or obtaining the necessary financing
to meet its obligations and repay its liabilities arising from
normal business operations when they become due."



OCEAN POWER: Signs Reseller Agreement With Survey Equipment
-----------------------------------------------------------
Ocean Power Technologies, Inc., announced July 8, 2024, the signing
of a reseller agreement with Survey Equipment Services, Inc., a
specialist in the supply of Marine Survey and Navigation equipment.
The agreement focuses on the provision of OPT's Unmanned Surface
Vehicles (USV), the WAM-Vs, in the USA.  It also includes
provisions for operators.  SES has procured a WAM-V available
immediately for demonstrations and is providing support for ongoing
operations.

Philipp Stratmann, CEO of OPT, expressed his enthusiasm on the
partnership: "We are excited to partner with SES.  This agreement
allows us to leverage SES's offering of survey and navigation
equipment and deploy WAM-V's to SES's customer base.  This
partnership further accelerates our growth and enables additional
revenue stream."

                       About Ocean Power Technologies

Headquartered in Monroe Township, New Jersey, OPT --
http://www.OceanPowerTechnologies.com/-- provides ocean data
collection and reporting, marine power, offshore communications,
and Maritime Domain Awareness System ("MDA" or "MDAS") products,
integrated solutions, and consulting services. The Company offers
its products and services to a wide range of customers, including
those in government and offshore energy, oil and gas, construction,
wind power and other industries. The Company is involved in the
entire life cycle of product development, from product design
through manufacturing, testing, deployment, maintenance and
upgrades, while working closely with partners across its supply
chain. The Company also works closely with its third-party partners
that provide it with, among other things, software, controls,
sensors, integration services, and marine installation services.
The Company's solutions are based on proprietary technologies that
enable autonomous, zero or low carbon emitting, and cost-effective
data collection, analysis, transportation and communication.

Ocean Power said in its Quarterly Report for the period ended Jan.
31, 2024, that "For the nine months ended January 31, 2024 and
through the date of filing of this Form 10-Q, management has not
obtained any material additional capital financing. Management
believes the Company's current cash balance at January 31, 2024 of
$4.9 million and short term investments balance of $4.4 million may
not be sufficient to fund its planned expenditures through at least
March 2025.  These conditions raise substantial doubt about the
Company's ability to continue as a going concern.  The ability to
continue as a going concern is dependent upon the Company's
operations in the future and/or obtaining the necessary financing
to meet its obligations and repay its liabilities arising from
normal business operations when they become due."



OFFICE PROPERTIES: BlackRock Holds 4.5% Stake as of June 30
-----------------------------------------------------------
BlackRock, Inc. disclosed in a Schedule 13G/A Report filed with the
U.S. Securities and Exchange Commission that as of June 30, 2024,
it beneficially owned 2,239,257 shares of Office Properties Income
Trust's Common Stock, representing 4.5% of the shares outstanding.

A full-text copy of BlackRock's SEC Report is available at:

                  https://tinyurl.com/3eex4mpr

                     About Office Properties

Office Properties Income Trust is a REIT organized under Maryland
law.  As of Dec. 31, 2023, its wholly owned properties were
comprised of 152 properties and it had noncontrolling ownership
interests of 51% and 50% in two unconsolidated joint ventures that
owned three properties containing approximately 468,000 rentable
square feet.  As of Dec. 31, 2023, the Company's properties are
located in 30 states and the District of Columbia and contain
approximately 20,541,000 rentable square feet.  As of Dec. 31,
2023, its properties were leased to 258 different tenants, with a
weighted average remaining lease term (based on annualized rental
income) of approximately 6.4 years.  The U.S. government is its
largest tenant, representing approximately 19.5% of its annualized
rental income as of Dec. 31, 2023.

As of March 31, 2024, the Company had $4 billion in total assets,
$2.7 billion in total liabilities, and $1.3 billion in total
stockholders' equity.

                           *     *     *

In May 2024, OPI announced it was actively negotiating with its
existing debtholders to exchange four series of its currently
outstanding senior unsecured notes (worth $1.7 billion at face
value) for up to $610 million of new senior secured notes and
related guarantees, with priority given to the 2025 noteholders
($650 million outstanding). The exchange would result in
debtholders receiving below the par value of the existing notes.

S&P Global Ratings lowered its issuer credit rating on OPI to 'CC'
from 'CCC' and its issue-level ratings on its senior unsecured
notes due 2025, 2026, 2027 and 2031, which are part of the proposed
exchange, to 'CC' from 'CCC'. At the same time, S&P affirmed its
'CCC' issue-level rating on the company's senior unsecured notes
due 2050, which are not part of the proposed exchange, and its 'B-'
issue-level rating on its existing secured notes due 2029. Its '3'
recovery rating on all the unsecured notes and '1' recovery rating
on the secured notes are unchanged.

On June 2024, S&P Global Ratings lowered its issuer credit rating
on Office Properties Income Trust (OPI) to 'SD' (selective default)
and its issue-level rating on the company's 2025, 2026, 2027, and
2031 senior unsecured notes to 'D'. S&P said, "We view the debt
exchange as distressed and tantamount to a default. The downgrade
follows OPI's completion of its private debt exchange. In
aggregate, the company exchanged $865.2 million of its 2025, 2026,
2027, and 2031 senior unsecured notes for $567.4 million of new
senior secured notes due 2029. The exchange consideration varied
depending on which notes were exchanged, with longer-dated notes
receiving less consideration. In addition, certain noteholders
received common equity to incentivize the exchange. In our view,
this transaction is a distressed exchange and tantamount to a
default because lenders received less than the original promise of
the securities, which is not offset by adequate compensation."


OMERS RELIEF: S&P Affirms 'B-' Issuer Credit Rating, Outlook Stable
-------------------------------------------------------------------
S&P Global Ratings affirmed its 'B-' issuer credit rating on OMERS
Relief Acquisition LLC (d/b/a Gastro Health), its 'B-' issue-level
rating on its first-lien secured credit facility, and its 'CCC'
issue-level rating on its second-lien debt. S&P's '3' recovery
rating (50%-70%; rounded estimate: 50%) on the first-lien secured
credit facility and our '6' recovery rating (0%-10%; rounded
estimate: 0%) on the second-lien debt are unchanged.

S&P said, "The stable outlook reflects S&P's expectation that
Gastro Health will increase its revenue by 3%-4% annually, modestly
expand its margins, and generative free operating cash flow (FOCF),
before acquisitions (which e pos it accounts for as an expense
under generally accepted accounting principles [GAAP] due to the
claw-back provisions that are triggered if the selling physicians
leave Gastro Health within five years of the sale).

"Gastro Health modestly underperformed our expectations in 2023 and
we have lowered our forecast for its performance in 2024.The
company experienced elevated labor-cost inflation in 2023,
particularly in anesthesia and pathology, which pressured its
margins. Gastro Health also faces headwinds in its infusion segment
due to adverse reimbursement trends for certain biosimilar drugs.
Additionally, the company faced difficulties related to the Centers
for Medicare and Medicaid Services' (CMS) ending of its temporary
public health emergency regulations, which had previously permitted
it to bill for colonoscopy prep products shipped to patients'
homes. We don't expect this change will affect Gastro Health's
procedure volumes because we expect these patients will revert to
acquiring colonoscopy prep products from other pharmacies.

"While the company's 2023 results only modestly underperformed our
expectations, management's guidance for 2024 led us to lower our
forecast for the year. We now expect Gastro Health will expand its
revenue by the low- to mid-single digit percent area while only
modestly improving its margins in 2024. However, we view the demand
for the company's services as relatively stable and anticipate that
its practice of sharing the risk with its partner physicians--via
variable compensation--would help soften any potential earnings
volatility.

"The company's liquidity position has deteriorated, with a cash
balance of about $17 million and about $26 million of outstanding
borrowings on its $60 million revolver as of March 31, 2024.We
attribute the decline primarily to Gastro Health's continued focus
on expansion, given that it spent over $50 million on acquisitions
and investments in its subsidiaries during 2023. The company
reported a net increase of 11 physicians and added three care
centers to its footprint over the last 12 months. We do not believe
Gastro Health can sustain such an aggressive level of acquisitions
without securing additional sources of liquidity.

"The company is currently utilizing over 40% of its revolver, which
has triggered the springing maximum first-lien net leverage
covenant. While Gastro Health remains in compliance with this
covenant, it had a narrow EBITDA cushion of about 14% as of March
31, 2024. Similar to many other health care service providers, the
first quarter typically represents a low point for the company's
cash balance. Accordingly, we expect Gastro Health will improve its
cash and net leverage over the following quarters, which will
increase its covenant cushion. The company's stated intention to
focus on organic growth over the near term will likely further
support the improvement in its cash and net leverage.

"A further underperformance could make it more difficult for Gastro
Health to refinance or extend its debt maturities. The company's
revolver matures in June 2026 and will become a current liability
in about 12 months. Absent an extension or refinancing, we would
likely revise our assessment of the Gastro Health's liquidity when
the facility becomes current because we will no longer include the
revolver as a source of liquidity in our analysis and will view any
material amounts drawn as a potential use of liquidity.

"We believe the company's lenders would be amendable to an
extension, if requested. However, we believe further
underperformance relative to our expectations could reduce the
prospects for a successful refinancing. Although Gastro Health's
financial sponsors have provided additional equity to support its
acquisitive growth strategy and improve its net debt position in
recent years, our ratings do not assume it would receive further
support in the event of an underperformance or distress.

"We expect a slightly more conservative financial policy over the
next one to two years will support an improvement in the company's
debt leverage and FOCF generation. Our forecast assumes Gastro
Health will substantially slow its acquisition spending and focus
on improving its operating efficiency, particularly with its
ancillary services. We expect these efforts will support an
improvement in the company's EBITDA margins.

"As a provider of certain outpatient gastrointestinal (GI)
services, which it offers at a much lower cost than hospitals,
Gastro Health generally finds a receptive audience with payers,
particularly in its largest markets of Florida (41% of 2023
revenue), Ohio (16%), and Virginia (15%). However, despite its
leading position, the company's scale is still modest (annual
revenue of less than $700 million) and we believe its operates in a
very fragmented market, which limits its negotiating power with
payers.

"The stable outlook reflects our expectation that Gastro Health
will increase its revenue by 3%-4% annually, modestly expand its
margins, and generate positive FOCF, before acquisitions (which it
accounts for as an expense under GAAP due to the claw-back
provisions that are triggered if the selling physicians leave
Gastro Health within five years of the sale).

"We could lower our rating on Gastro Health if we expect it will
generate persistent FOCF deficits due to continued acquisition
spending or its liquidity becomes further constrained. This would
lead us to believe that the company's capital structure is
unsustainable or dependent upon favorable economic or financial
conditions. This scenario could occur if the pace of the rise in
Gastro Health's wages exceeds reimbursement rate increases or its
procedure volumes unexpectedly decline.

"Although unlikely over the next 12 months, we could consider
upgrading Gastro Health if it continues to improve its margins such
that it sustains discretionary cash flow to debt of more than 3%.

"Governance factors are a moderately negative consideration in our
credit rating analysis of Gastro Health. Our highly leveraged
assessment of the company's financial risk profile reflects that
its corporate decision-making prioritizes the interests of its
controlling owners, which is in line with our view of the majority
of rated entities owned by private-equity sponsors. Our assessment
also reflects private-equity owners' generally finite holding
periods and focus on maximizing shareholder returns."



ONEDIGITAL BORROWER: Moody's Rates New $75MM First Lien Loan 'B3'
-----------------------------------------------------------------
Moody's Ratings has assigned a B3 rating to a new $75 million
backed senior secured first-lien delayed draw term loan issued by
OneDigital Borrower LLC (OneDigital). The rating agency said the B3
corporate family rating and B3-PD probability of default rating of
OneDigital remain unchanged. The company has also added $275
million to an existing backed senior secured first-lien term loan
due in November 2027 (rated B3). OneDigital will use net proceeds
to repay $272 million of outstanding term loan and revolver
borrowings, and pay related fees and expenses. OneDigital also
recently upsized its backed senior secured first-lien revolving
credit facility by $85 million to $285 million. The rating outlook
for OneDigital is unchanged at stable.

RATINGS RATIONALE

OneDigital's ratings reflect its expertise in employee benefits and
its consistent EBITDA margins. OneDigital derives most of its
revenue from a growing national retail benefits business targeting
small to middle market employers. The company serves its customers
through a proprietary technology platform, a national call center,
and locally based insurance professionals in selected markets
across the country. Over the years, OneDigital has diversified its
revenue sources through key acquisitions focused on retirement and
wealth, Medicare Advantage, general agents, and Professional
Employer Organizations. These acquisitions have facilitated cross
sell opportunities and client retention and contributed to
OneDigital's healthy organic revenue growth.

Credit challenges for OneDigital include aggressive financial
leverage, low interest coverage, significant cash outflows to pay
contingent earnout liabilities, and execution and integration risks
associated with fast-paced, debt-funded acquisitions. The company's
financial leverage is high for its rating category with modest
interest coverage, leaving little room for error in managing its
existing and newly acquired operations.

Following the transaction, Moody's estimates that OneDigital will
have a pro forma debt-to-EBITDA ratio well above 7x, but the rating
agency expects OneDigital to reduce its leverage in the next few
quarters through growth in EBITDA. The company's majority investor,
private equity firm Onex Corporation, would likely provide
additional support if needed, in Moody's view.

OneDigital's (EBITDA - capex) interest coverage will be below 2x,
and its free-cash-flow-to-debt ratio will be in the low single
digits. These pro forma metrics reflect Moody's adjustments for
operating leases, contingent earnout liabilities, run-rate earnings
from recent and pending acquisitions, and certain non-recurring
costs and other items.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATING

Factors that could lead to an upgrade of OneDigital's ratings
include: (i) debt-to-EBITDA ratio below 5.5x, (ii) (EBITDA - capex)
coverage of interest consistently exceeding 2x, (iii) free
cash-flow-to-debt ratio exceeding 5%, and (iv) successful
integration of acquisitions.

Factors that could lead to a rating downgrade include: (i)
debt-to-EBITDA remaining above 7x, (ii) (EBITDA - capex) coverage
of interest below 1.2x, (iii) free-cash-flow-to-debt ratio below
2%, or negative free cash flow after contingent earnout payments
and scheduled debt amortization.

The principal methodology used in this rating was Insurance Brokers
and Service Companies published in February 2024.

Founded in 2000, OneDigital delivers strategic advisory and
technology solutions to clients across the US. The company's
advisory business includes employee benefits, wellbeing, human
resources, pharmacy consulting, property and casualty solutions, as
well as retirement and wealth management services provided through
OneDigital Investment Advisors. Based in Atlanta, Georgia, with
more than 165 offices across the country, the company generated
revenue of just over $1 billion for 2023.


ORGANON & CO: Moody's Rates New Secured First Lien Term Loan 'Ba1'
------------------------------------------------------------------
Moody's Ratings assigned ratings to the proposed new debt
instruments of Organon & Co. ("Organon") including a Ba1 to a new
senior secured first lien term loan B, senior secured first lien
revolving credit facility and secured notes, and a B1 rating to new
senior unsecured notes. There are no changes to Organon's existing
ratings including the Ba2 Corporate Family Rating, the Ba2-PD
Probability of Default Rating, the Ba2 senior secured credit
facility ratings and notes, the B1 senior unsecured rating or the
SGL-1 Speculative Grade Liquidity Rating. However, if the
transaction closes at current terms, Moody's anticipates upgrading
Organon's existing senior secured notes rating and existing
Euro-denominated term loan rating to Ba1 from Ba2 and withdrawing
the Ba2 ratings on existing senior secured credit facilities. The
outlook remains unchanged at stable.

The transaction is leverage neutral but extends the maturity
profile and provides additional revolver capacity with a facility
size of $1.3 billion compared to the existing revolving credit
facility of $1 billion.

The higher rating on secured debt instruments compared to existing
ratings on existing senior secured debt instruments reflects a
reduction in secured leverage. Based on the terms Moody's currently
understands, roughly $500 million of funded debt will shift from
secured to unsecured. If the transaction closes per the terms
currently contemplated, Moody's anticipates upgrading the remaining
senior secured instruments, including a euro-denominated term loan
and senior secured notes, to Ba1 from Ba2 at the conclusion of the
transaction. If a materially lower amount of secured debt shifts to
unsecured, then this anticipated upgrade may not occur and the Ba1
rating being assigned to the new secured term loan, revolver and
secured notes may be lowered to Ba2.

RATINGS RATIONALE

Organon's Ba2 Corporate Family Rating reflects its niche position
in the global pharmaceutical industry, offering women's health
products, biosimilars, and established off-patent products. Organon
has good diversity at the product and geographic level. The
established brands have good name recognition in global markets.
The women's health franchise has good growth prospects owing to
demographic trends including rising demand for fertility
treatments.

These strengths are offset by limited organic growth owing to the
nature of established brands which face pricing and volume pressure
amid competition from generics. Organon's free cash flow will
remain constrained by costs associated with separating from Merck
and restructuring activities. However, free cash flow will improve
as these costs decline over time, facilitating improvement in
credit ratios. There is event risk of acquisitions as the company
is likely to pursue initiatives to improve earnings growth.

The outlook is stable, reflecting Moody's expectation for declining
financial leverage over the next 12 to 18 months such that gross
debt/EBITDA is sustained below 4.5x.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

Factors that could lead to an upgrade include improvement in
organic growth rates, substantial expansion in free cash flow, and
debt/EBITDA sustained below 3.5x. Factors that could lead to a
downgrade include a significant contraction in revenue due to
pricing pressure or competition, substantial debt-financed
acquisitions, or debt/EBITDA sustained over 4.5x.

Headquartered in Jersey City, New Jersey, Organon & Co., is a
global pharmaceutical company with expertise in women's health,
established brands and biosimilars. Revenues in 2023 totaled $6.3
billion.

The principal methodology used in these ratings was Pharmaceuticals
published in November 2021.


OTSO ENERGY: Hires Okin Adams Bartlett Curry LLP as Attorney
------------------------------------------------------------
Otso Energy Solutions, LLC, seeks approval from the U.S. Bankruptcy
Court for the Southern District of Texas to employ Okin Adams
Bartlett Curry LLP as attorney.

The firm will provide these services:

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

     b. assist and advise the Debtor in its consultations relative
to the administration of the Chapter 11 Case;

     c. assist the Debtor in analyzing the claims of its creditors
and in negotiating with such creditors;

     d. assist the Debtor in preparation and confirmation of a plan
of reorganization;

     e. represent the Debtor at all hearings and other
proceedings;

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

    g. assist the Debtor in preparing pleadings and applications as
may be necessary in furtherance of the Debtor's interests and
objectives; and

    h. perform such other legal services as may be required and are
deemed to be in the interests of the Debtor in accordance with the
Debtor's powers and duties as set forth in the Bankruptcy Code.

The firm will be paid at these rates:

     Attorneys      $425 to $775 per hour
     Paralegals     $75 to $150 per hour

The firm received an initial retainer from the Debtor of $40,000 on
March 24, 2023 and $15,939.63 on April 30, 2024.

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

Timothy L. Wentworth, Esq., a partner at Okin Adams Bartlett Curry
LLP, disclosed in a court filing that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached at:

     Timothy L. Wentworth, Esq.
     Okin Adams Bartlett Curry LLP
     1113 Vine Street, Suite 240
     Houston, TX 77002
     Tel: (713) 228-4100
     Fax: (346) 247-7158
     Email: twentworth@okinadams.com

              About Otso Energy Solutions, LLC

OTSO Energy Solutions, LLC is a Houston-based company that offers
design, engineering, and fabrication solutions for wellhead systems
and process equipment. Its most recent innovations include the
BoneDry Glycol Dehydration systems to replace mole sieve for
cryogenic dehydration applications, the DewDry Dehy for standard
glycol dehydration applications, and the SlugOTSO Slug Catcher
systems.

OTSO filed a petition under Chapter 11, Subchapter V of the
Bankruptcy Code (Bankr. S.D. Texas Case No. 24-32847) on June 20,
2024, with $1,936,087 in assets and $3,665,707 in liabilities.
Barrett Bates, chief executive officer, signed the petition.

Judge Jeffrey P. Norman presides over the case.

Timothy L. Wentworth, Esq., at Okin Adams Bartlett Curry, LLP
represents the Debtor as legal counsel.


PATRIOT TRANSPORT: Hires Leibowitz Hiltz & Zanzig as Legal Counsel
------------------------------------------------------------------
Patriot Transport Inc. seeks approval from the U.S. Bankruptcy
Court for the Northern District of Illinois to employ Leibowitz
Hiltz & Zanzig, LLC as its counsel.

The firm's services include:

     (a) assist the Debtor in performing its duties;

     (b) meet with the United States Trustee and their
representatives concerning administration of the estate;

     (c) meet and negotiate with creditors and their
representatives and other interested parties regarding matters;

     (d) perform all other legal services as required.

The hourly rates of the firm's counsel and staff are as follows:

     John F. Hiltz, Partner     $550
     Paralegal                  $225

In addition, the firm will seek reimbursement for expenses
incurred.

Mr. Hiltz disclosed in a court filing that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The firm can be reached through:

     John F. Hiltz, Esq.
     Leibowitz Hiltz & Zanzig, LLC
     53 West Jackson Blvd., Suite 1301 A
     Chicago, IL 60604
     Telephone: (312) 566-9008
     Email: john@lakelaw.com
  
                       About Patriot Transport

Patriot Transport, Inc., a trucking company in Carol Stream, Ill.,
sought protection under Chapter 11 of the U.S. Bankruptcy Code
(Bankr. N.D. Ill. Case No. 24-07407) on May 17, 2024, with up to
$10 million in assets and up to $50 million in liabilities. Igor
Terletsky, president, signed the petition.

Judge Timothy A. Barnes presides over the case.

John F. Hiltz, Esq., at Leibowitz, Hiltz & Zanzig, LLC represents
the Debtor as counsel.


PGA-MV REALTY LLC: Kicks Off Chapter 11 Bankruptcy Protection
-------------------------------------------------------------
On June 17, 2024, PGA-MV Realty LLC filed Chapter 11 protection in
the District of New Jersey. According to court filing, the Debtor
reports between $500,000 and $1 million in debt owed to 1 and 49
creditors. The petition states funds will be available to unsecured
creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 24, 2024 at 10:00 a.m. in Room Telephonically.

           About PGA-MV Realty LLC

PGA-MV Realty LLC is engaged in activities related to real estate.

PGA-MV Realty LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. N.J. Case No. 24-16051) on June 17,
2024. In the petition signed by Maria Villalonga Argen, as
president, the Debtor reports estimated assets between $1 million
and $10 million and estimated liabilities between $500,000 and $1
million.

Honorable Bankruptcy Judge Stacey L. Meisel oversees the case.

The Debtor is represented by:

     Kenneth Rosellini, Esq.
     ATTORNEY AT LAW
     636A Van Houten Avenue
     Clifton NJ 07103
     Tel: (973) 998-8375
     Email: KennethRosellini@Gmail.com





PIECEMAKERS: Commences Subchapter V Bankruptcy Process
------------------------------------------------------
On June 17, 2024, Piecemakers filed Chapter 11 protection in
Central District of California. According to court documents, the
Debtor reports between $1 million and $10 million in debt owed to 1
and 49 creditors. The petition states funds will be available to
unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 15, 2024 at 1:00 p.m. at UST-SA1,  Telephonically on telephone
conference line: 1-866-919-0527. participant access code: 2240227.

              About Piecemakers

Piecemakers was established in 1978, Piecemakers has grown from a
tiny quilt shop to a full-service construction company and thriving
country store which offers gifts, quilts, antiques, fabrics,
notions, books and patterns. In addition to its location at 1720
Adams Avenue in Costa Mesa, California, the Company has an
extensive online store which carries quilt calendars, books,
patterns, fine hand sewing needles, hand crafted quilts, home decor
and gift items.

Piecemakers sought relief under Subchapter V of Chapter 11 of the
U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 24-11522) on June
17, 2024. In the petition signed by Douglas Follette, as general
partner, the Debtor reports estimated assets and liabilities
between $1 million and $10 million each.

Honorable Bankruptcy Judge Theodor Albert handles the case.

The Debtor is represented by:

     Ralph Ascher, Esq.
     ASCHER & ASSOCIATES, P.C.
     11022 Acacia Parkway, Suite D
     Garden Grove CA 92840
     Tel: (714) 638-4300
     Email: ralphascher@aol.com


PINEAPPLE ENERGY: CFO, Directors Resign; New Directors Named
------------------------------------------------------------
Pineapple Energy Inc. disclosed in a Form 8-K Report filed with the
U.S. Securities and Exchange Commission that on July 1, 2024, Eric
Ingvaldson informed the Company of his decision to resign as Chief
Financial Officer of the Company, effective August 30, 2024. On
July 2, Marilyn S. Adler informed the Company of her decision to
resign from the Board effective as of July 2, 2024, and on July 3,
Randall D. Sampson informed the Company of his decision to resign
from the Board effective as of July 3, 2024.

Each of Ms. Adler and Mr. Sampson's term as a director was set to
end at the time of the Company's 2024 Annual Meeting of
Shareholders which was originally scheduled for July 1, 2024, but
was adjourned to July 19, 2024. Each of Ms. Adler's and Mr.
Sampson's decision to resign was not the result of any dispute or
disagreement with the Company on any matter relating to the
Company's operations, policies, or practices.

The Company thanks, Mr. Ingvaldson, Ms. Adler and Mr. Sampson for
their outstanding leadership, knowledge, and contributions to the
Company throughout their tenure on the Board and wish them the
best.

On July 8, 2024, the Board appointed Kevin O'Connor and Henry B.
Howard to serve as directors of the Company beginning July 8, 2024,
to fill the vacancies disclosed above created by the resignations
of Ms. Alder and Mr. Sampson. Messrs. O'Connor and Howard will
serve until the 2024 Annual Meeting of Shareholders of the Company
or until a successor is elected and qualified, subject to their
earlier resignation or removal. Messrs. O'Connor and Howard were
also both appointed to serve on the Company's Audit and Finance
Committee, and Mr. Howard was appointed to serve as Chair of the
Compensation Committee. Messrs. O'Connor and Howard will
participate in the Company's non-employee director arrangements and
receive such compensation as provided thereby.

Each of Messrs. O'Connor and Howard were named as nominees for
election as directors in the Company's Proxy Statement for the
Annual Meeting filed with the Securities Exchange Commission on May
29, 2024, and will remain as nominees. Information required by Item
404(a) of Regulation S-K for Messrs. O'Connor and Howard was
previously provided in the Proxy Statement. There were no
arrangements or understandings between Messrs. O'Connor and Howard
and any other persons, naming such persons, pursuant to which such
director was selected as a director, aside each of them being named
in the Proxy Statement for election to the Board at the Annual
Meeting.

                    About Pineapple Energy Inc.

Pineapple Energy Inc. is a growing domestic operator and
consolidator of residential and commercial solar, battery storage,
and grid services solutions. Its strategy is focused on acquiring,
integrating, and growing leading local and regional solar, storage,
and energy services companies nationwide.  Pineapple is primarily
engaged in the sale, design, and installation of photovoltaic solar
energy systems and battery storage systems through its Hawaii-based
Hawaii Energy Connection and New York-based SUNation Solar Systems
entities.

As of December 31, 2023, the Company had $58.2 million in total
assets, $37.7 million in total liabilities, and $20.4 million in
total stockholders' equity.

Melville, N.Y.-based UHY LLP, the Company's auditor since 2023,
issued a "going concern" qualification in its report dated March
29, 2024, citing that the Company's current financial position and
the Company's forecasted future cash flows for 12 months beyond the
date of issuance of the financial statements indicate that the
Company will not have sufficient cash to make the first SUNation
earnout payment in the second quarter of 2024 or the first
principal payment of the Long-Term Note due on November 9, 2024,
factors which raise substantial doubt about the Company's ability
to continue as a going concern.


PINEAPPLE ENERGY: Taps Conduit Capital for Strategic Support
------------------------------------------------------------
Pineapple Energy Inc. has engaged Conduit Capital to provide
structural internal support, staffing, and assistance with capital
raising activities.

Conduit Capital is a group known for connecting companies to
mission aligned investors. The partnership also includes the
addition of key talent to assist the Pineapple team, all of whom
have industry-specific experience in Pineapple's various business
sectors.

This includes Robert Zulkoski, Andy Childs, and Melissa Obegi, who
each have a distinguished background of successful capital raises,
M&A completions and corporate restructuring transactions.

Eric Ingvaldson, who served as Chief Financial Officer of Pineapple
since its founding, has tendered his resignation from employment
with the Company. Ingvaldson's last day with Pineapple will be
August 30, 2024.

"I feel so fortunate that this team has joined Pineapple," Scott
Maskin, Pineapple's Interim CEO, said. "We thank Eric Ingvaldson
for his hard work and his efforts to help Pineapple seamlessly
transition to our next phase. These bonafide rock stars will
provide immediate relief and key professional support as we
refocus, reimagine, and execute on the plan to restore Pineapple
shareholder equity."

Members of the Conduit Capital team have been, over the past
several weeks, informally interacting with Pineapple's new senior
management, led by Scott Maskin along with Jim Brennan.

"At its heart, Conduit Capital is collaborative to the core. We
form strategic, cross-sector partnerships to unearth new ideas,
products and business models that address global challenges.,"
Robert Zulkoski, CEO of Conduit Capital noted. "One visit to the
SUNation offices on Long Island solidified our position with
Pineapple, and we are all-in to help make this a great company and
an important leading nationwide broad electrification platform."

In addition, two new members of Pineapple's Board of Directors will
be joining to replace both Randall D. Sampson and Marilyn S. Alder,
who tendered their resignations effective July 3 and July 2, 2024,
respectively.

Kevin O'Connor is currently working as a strategic consultant who
had previously served as the CEO of Dime Community Bank, a large
New York-based financial institution, and Henry B. Howard is the
current President and CEO of U.S. Renewable Energy, an esteemed
player in the renewables space. Howard will serve as Chair of the
Board's Compensation Committee, and O'Connor will serve as Chair of
the Audit Committee.

                    About Pineapple Energy Inc.

Pineapple Energy Inc. is a growing domestic operator and
consolidator of residential and commercial solar, battery storage,
and grid services solutions. Its strategy is focused on acquiring,
integrating, and growing leading local and regional solar, storage,
and energy services companies nationwide.  Pineapple is primarily
engaged in the sale, design, and installation of photovoltaic solar
energy systems and battery storage systems through its Hawaii-based
Hawaii Energy Connection and New York-based SUNation Solar Systems
entities.

As of December 31, 2023, the Company had $58.2 million in total
assets, $37.7 million in total liabilities, and $20.4 million in
total stockholders' equity.

Melville, N.Y.-based UHY LLP, the Company's auditor since 2023,
issued a "going concern" qualification in its report dated March
29, 2024, citing that the Company's current financial position and
the Company's forecasted future cash flows for 12 months beyond the
date of issuance of the financial statements indicate that the
Company will not have sufficient cash to make the first SUNation
earnout payment in the second quarter of 2024 or the first
principal payment of the Long-Term Note due on November 9, 2024,
factors which raise substantial doubt about the Company's ability
to continue as a going concern.


PINK BASKET: Seeks to Hire Munshi CPA P.C. as Accountant
--------------------------------------------------------
Pink Basket, LLC seeks approval from the U.S. Bankruptcy Court for
the Southern District of Texas to employ Munshi CPA, P.C. as
accountant.

The firm will assist the Debtor in preparing and filing its 2023
tax return, and assisting with other accounting related matters.

The firm will be paid at the rate of $325 per hour.

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

Imtiaz Munshi, a partner at Munshi CPA, P.C., disclosed in a court
filing that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Imtiaz Munshi
     Munshi CPA, P.C.
     1600 Highway 6 South, Suite 250,
     Sugar Land, TX 77478
     Tel: (281) 547-0001
     Email:imunshi@munshicpa.com

              About Pink Basket, LLC

Pink Basket, LLC is a children apparel wholesaler and retail
distributor.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Tex. Case No. 24-31803) on April 23,
2024. In the petition signed by Amit Singh, as member, the Debtor
disclosed up to $500,000 in assets and up to $10 million in
liabilities.

Judge Jeffrey P. Norman oversees the case.

Anabel King, Esq., at WAUSON|KING, represents the Debtor as legal
counsel.


PLAZA MARIACHI: Seeks Chapter 11 Bankruptcy in Tennessee
--------------------------------------------------------
Daniel Smithson of WSMV 4 reports that Plaza Mariachi, a
destination center for the Hispanic Family Foundation in Nashville,
has filed for voluntary Chapter 11 bankruptcy.

This filing comes after the center announced it was going to be
sold at a foreclosure sale last month. According to the foreclosure
sale notice, First Financial Bank, which holds the loan used to
purchase Plaza Mariachi, claims that the business is in default of
payment of the loan. The bank has demanded the property be sold to
pay the loan and foreclosure costs.

Plaza Mariachi insists it is not behind on its loan payments but
needs additional time to restructure, refinance or otherwise
address the loan. Filing for bankruptcy protection helps its cause,
it said.

"We do not need additional funding to cover our expenses. The real
estate appraisal that we have received on our property shows a
value that is far greater than the debt that is owed on the
property," the center said. "Our restructuring plan involves
selling the exterior shops surrounding Plaza Mariachi, giving the
buyer a unique opportunity to invest in a landmark destination in
one of the fastest growing cities in the United States."

The Plaza Mariachi complex and events attract close to one million
visitors a year, according to its staff.

"We look forward to the future of Plaza Mariachi continuing to
serve as one of Nashville's cultural landmark destinations," the
media release said. "We believe in community engagement,
responsibility, and involvement, and we serve as a facilitator,
introducing organizations, nonprofits, and institutions to the
vibrant Hispanic Community. Plaza Mariachi is known as the
destination center for the Hispanic Family Foundation (HFF) which
provides much-needed community services for immigrants in
Nashville. Services for the community involve children’s
after-school programs, language classes, disaster relief, community
baby showers, disability services, sexual assault and domestic
violence assistance, and more."

                      About Plaza Marchiachi

Plaza Marchiachi LLC is a Single Asset Real Estate (as defined in
11 U.S.C. Sec. 101(51B)).

Plaza Marchiachi LLC sought relief under Chapter 11 of the
Bankruptcy Code (Bankr. M.D. Tenn. Case No. 24-02441) on July 1,
2024.  In the petition filed by Mahan Mark Janbakhsh, as
member/manager, the Debtor estimated assets and liabilities between
$10 million and $50 million.

The Debtor is represented by:

     Sean C. Wlodarczyk, Esq.
     EVANS JONES & REYNOLDS PC
     3955 NOLENSVILLE PIKE
     NASHVILLE, TN 37211


PP&G INC: Seeks to Hire Andrew B. Saller as Special Counsel
-----------------------------------------------------------
PP&G, Inc. seeks approval from the U.S. Bankruptcy Court for the
District of Maryland to employ The Law Offices of Andrew B. Saller,
PC as its special counsel.

The firm's services include:

     (a) provide representation to the Debtor;

     (b) take appropriate actions to protect and preserve the
estate in conjunction with, and assistance to, its bankruptcy
counsel;

     (c) prepare appropriate documents and pleadings related to
such matters;

     (d) assist and advise the Debtor and bankruptcy counsel with
respect to negotiation, documentation, implementation,
consummation, and closing of transactions in such matters;

     (e) coordinate with other professionals employed in the case;

     (f) communicate with the Debtor's bankruptcy counsel, the
United States Trustee, and other parties in interest in such
matters; and

     (g) assist the Debtor in performing such other legal services
as may be in the interest it and the estate.

The firm will be paid at these hourly rates:

     Andrew B. Saller, Attorney      $500
     Paralegals                      $150

In addition, the firm will seek reimbursement for expenses
incurred.

Mr. Saller disclosed in a court filing that the firm is a
"disinterested person" as defined in Section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     Andrew B. Saller, Esq.
     The Law Offices of Andrew B. Saller, PC
     10 South St. #600
     Baltimore, MD 21202
     Telephone: (410) 783-7945
     Email: asaller@sallerlaw.com
    
                         About PP&G Inc.

On May 24, 2024 PP&G Inc. -- https://Baltimore -- doing business as
Norma Jean's Gentleman's Club, was founded in 1998. The company's
line of business includes Commercial printing and the lithographic
process.

PP&G Inc. sought relief under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. D. Md. Case No. 24-14430) on May 24, 2024. In the
petition signed by Lisa Ireland, as president, the Debtor reports
estimated assets up to $50,000 and estimated liabilities between $1
million and $10 million.

The Honorable Bankruptcy Judge Michelle M. Harner oversees the
case.

The Debtor tapped Brett Weiss, Esq., at The Weiss Law Group, LLC as
bankruptcy counsel and Andrew B. Saller, Esq., at The Law Offices
of Andrew B. Saller, PC as special counsel.


PPGE ALAMO: Hires Matthews Real Estate Investment as Broker
-----------------------------------------------------------
PPGE Alamo, LLC seeks approval from the U.S. Bankruptcy Court for
the Western District of Texas to employ Matthews Real Estate
Investment Services, Inc. as real estate broker.

The firm will market and sell the Debtor's real property located at
1025 S Frio St. San Antonio, TX 78207.

The firm will be paid a commission of 3 percent of the purchase
price.

As disclosed in a court filing that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached at:

     Tyler Marshall
     Matthews Real Estate Investment Services, Inc.
     8300 Douglas Ave., Ste 750
     Dallas, TX 75225
     Tel: (866) 889-0050

              About PPGE Alamo, LLC

PPGE Alamo, LLC is a hotel operator in Sugarland, Texas.

PPGE Alamo, LLC filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. W.D. Tex. Case No.
24-51143) on June 20, 2024, listing $4,054,391 in assets and
$4,480,906 in liabilities. The petition was signed by Zameer
Upadhya as manager.

Judge Craig A. Gargotta presides over the case.

Ronald Smeberg, Esq. at THE SMEBERG LAW FIRM represents the Debtor
as counsel.


PPGE ALAMO: Hires Stouffer & Associates as Appraiser
----------------------------------------------------
PPGE ALAMO, LLC, seeks approval from the U.S. Bankruptcy Court for
the Western District of Texas to employ Stouffer & Associates as
appraiser.

The firm will appraise the Debtor's real property asset located at
1025 S Frio St. San Antonio, TX 78207.

The firm will be paid a flat fee of $5,000, with $2,500 to be
immediately paid and $2,500 before the final report is delivered.
The firm will be paid $450 per hour for preparing to provide
valuation testimony, and $450 per hour for time providing
testimony.

Abel T. Rodriguez, a partner at Stouffer & Associates, disclosed in
a court filing that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Abel T. Rodriguez
     Stouffer & Associates
     13341 W. US Highway 290, Building 2, Ste 350
     Dripping Springs, TX 78620

              About PPGE Alamo, LLC

PPGE Alamo, LLC is a hotel operator in Sugarland, Texas.

PPGE Alamo, LLC filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. W.D. Tex. Case No.
24-51143) on June 20, 2024, listing $4,054,391 in assets and
$4,480,906 in liabilities. The petition was signed by Zameer
Upadhya as manager.

Judge Craig A. Gargotta presides over the case.

Ronald Smeberg, Esq. at THE SMEBERG LAW FIRM represents the Debtor
as counsel.


PPGE ALAMO: Sec. 341(a) Meeting of Creditors on July 15
-------------------------------------------------------
PPGE Alamo LLC filed Chapter 11 protection in the Western District
of Texas. According to court filing, the Debtor reports $4,480,906
in debt owed to 1 and 49 creditors. The petition states funds will
be available to unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 15, 2024 at 10:00 a.m. in Room Telephonically on telephone
conference line: (866) 909-2905. participant access code:
5519921#.

                     About PPGE Alamo LLC

PPGE Alamo LLC  is a hotel operator in Sugarland, Texas.

PPGE Alamo LLC sought relief under Subchapter V of Chapter 11 of
the U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 24-51143) on
June 20, 2024. In the petition signed by Zameer Upadhya, as
manager, the Debtor reports total assets as of May 31, 2024
amounting to $4,054,391 and total liabilities as of May 31, 2024
amounting to $4,480,906.

Honorable Bankruptcy Judge Craig A. Gargotta oversees the case.

The Debtor is represented by:

     Ronald Smeberg, Esq.
     THE SMEBERG LAW FIRM
     4 Imperial Oaks
     San Antonio TX 78248-1609
     Tel: (210) 695-6684
     Email: ron@smeberg.com



PRO CIV CONSTRUCTION: Starts Subchapter V Bankruptcy Proceeding
---------------------------------------------------------------
PRO CIV Construction LLC filed Chapter 11 protection in the
Northern District of Texas. According to court filing, the Debtor
reports between $1 million and $10 million in debt owed to 50 and
99 creditors.  The petition states funds will be available to
unsecured creditors.

                   About PRO CIV Construction LLC

PRO CIV Construction LLC offers demolition services, storm water
pollution prevention, mass grading, clearing, soil stabilization,
and aggregate installation.

PRO CIV Construction LLC sought relief under Subchapter V of
Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex. Case No.
24-31811) on June 20, 2024. In the petition signed by Kyle
Lenamond, as manager, the Debtor reports estimated assets and
liabilities between $1 million and $10 million each.

The Honorable Bankruptcy Judge Stacey G. Jernigan handles the
case.

The Debtor is represented by:

     Eric T. Haitz, Esq.
     BONDS ELLIS EPPICH SCHAFER JONES LLP
     420 Throckmorton Street, Suite 1000
     Fort Worth, TX 76102
     Tel: 817-405-6900
     Email: eric.haitz@bondsellis.com


PROGRAM INSITE: Case Summary & 10 Unsecured Creditors
-----------------------------------------------------
Debtor: Program Insite LLC
        2224 Victoria Place
        Olney, MD 20832

Business Description: Program Insite is a customer-focused
                      information technology solutions provider in

                      the Washington DC metro area.  Program
                      Insite can help modernize critical IT
                      infrastructure by offering cloud hosting
                      solution, data migration, and web support
                      and administration services.

Chapter 11 Petition Date: July 10, 2024

Court: United States Bankruptcy Court
       District of Maryland

Case No.: 24-15792

Judge: Hon. Maria Ellena Chavez-Ruark

Debtor's Counsel: Richard B. Rosenblatt, Esq.
                  LAW OFFICES OF RICHARD B. ROSENBLATT, PC
                  Suite 302
                  30 Courthouse Square
                  Rockville, MD 20850
                  Tel: 301-838-0098
                  Fax: 301-838-3498
                  Email: rrosenblatt@rosenblattlaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Emnet Menyahil as managing member.

A full-text copy of the petition containing, among other items, a
list of the Debtor's 10 unsecured creditors is available for free
at PacerMonitor.com at:

https://www.pacermonitor.com/view/UERSSBY/Program_Insite_LLC__mdbke-24-15792__0001.0.pdf?mcid=tGE4TAMA


PROSOMNUS SLEEP: Gets Okay to Seek Chapter 11 Plan Votes
--------------------------------------------------------
Ben Zigterman of Law360 reports that sleep tech company ProSomnus
Sleep Technologies can seek votes for Chapter 11 plan.

ProSomnus, a developer of devices aimed at preventing sleep apnea,
can solicit its creditors' votes on the company's Chapter 11 plan
after it made revisions responding to objections raised by the U.S.
Trustee's Office, a Delaware bankruptcy judge said Wednesday, June
26, 2024.

        About ProSomnus Sleep Technologies

Prosomnus Sleep Technologies was founded in 2016. The company's
line of business includes the manufacturing of dentures, artificial
teeth, and orthodontic appliances.

ProSomnus Sleep Technologies sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. D. Del. Case No. 24-10972) on May 7,
2024. In its petition, the Debtor estimated assets between $1
million and $10 million and estimated liabilities between $50
million and $100 million.

The Honorable Bankruptcy Judge John T Dorsey handles the case.

The Debtor is represented by:

     Shanti M. Katona
     Polsinelli PC





PUERTO RICO: PREPA Creditors Extend Broad Repayment Fight
---------------------------------------------------------
Michelle Kaske of Bloomberg News reports that Puerto Rico
Utility's, PREPA, creditors extend fight for broad repayment.

A group of bondholders and insurers of Puerto Rico Electric Power
Authority debt extended a cooperation agreement to oppose the
bankrupt utility's proposal to drastically reduce its obligations.

Assured Guaranty, Syncora Guarantee and GoldenTree Asset
Management, along with an ad hoc group of investors including
Invesco Advisers Inc. and MacKay Shields LLC, continued to Sept. 30
a pact to work together in their negotiations with Puerto Rico's
financial oversight board, the manager of the utility's bankruptcy,
according to a court filing.

               About Puerto Rico

Puerto Rico is a self-governing commonwealth in association with
the United States. The chief of state is the President of the
United States of America. The head of government is an elected
Governor. There are two legislative chambers: the House of
Representatives, 51 seats, and the Senate, 27 seats.

In 2016, the U.S. Congress passed PROMESA, which, among other
things, created the Financial Oversight and Management Board and
imposed an automatic stay on creditor lawsuits against the
government, which expired May 1, 2017.

The members of the oversight board are: (i) Andrew G. Biggs, (ii)
Jose B. Carrion III, (iii) Carlos M. Garcia, (iv) Arthur J.
Gonzalez, (v) Jose R. Gonzalez, (vi) Ana. J. Matosantos, and (vii)
David A. Skeel Jr.

On May 3, 2017, the Commonwealth of Puerto Rico filed a petition
for relief under Title III of the Puerto Rico Oversight,
Management, and Economic Stability Act ("PROMESA"). The case is
pending in the United States District Court for the District of
Puerto Rico under case number 17-cv-01578. A copy of Puerto Rico's
PROMESA petition is available at
http://bankrupt.com/misc/17-01578-00001.pdf                       




On May 5, 2017, the Puerto Rico Sales Tax Financing Corporation
(COFINA) commenced a case under Title III of PROMESA (D.P.R. Case
No. 17-01599). Joint administration has been sought for the Title
III cases.

On May 21, 2017, two more agencies -- Employees Retirement System
of the Government of the Commonwealth of Puerto Rico and Puerto
Rico Highways and Transportation Authority (Case Nos. 17-01685 and
17-01686) -- commenced Title III cases.

U.S. Chief Justice John Roberts named U.S. District Judge Laura
Taylor Swain to preside over the Title III cases.

The Oversight Board has hired as advisors, Proskauer Rose LLP and
O'Neill & Borges LLC as legal counsel, McKinsey & Co. as strategic
consultant, Citigroup Global Markets as municipal investment
banker, and Ernst & Young, as financial advisor.

Martin J. Bienenstock, Esq., Scott K. Rutsky, Esq., and Philip M.
Abelson, Esq., of Proskauer Rose LLP; and Hermann D. Bauer, Esq.,
at O'Neill & Borges LLC are onboard as attorneys.

Prime Clerk LLC is the claims and noticing agent.  Prime Clerk
maintains the case Website
https://cases.primeclerk.com/puertorico

Jones Day is serving as counsel to certain ERS bondholders.

Paul Weiss is counsel to the Ad Hoc Group of Puerto Rico General
Obligation Bondholders.
















PUERTO RICO: PREPA Loses Support of Insurer on Debt-Cutting Plan
----------------------------------------------------------------
Michelle Kaske of Bloomberg News reports that potential changes to
Puerto Rico Electric Power Authority's debt-cutting plan have lost
support of National Public Finance Guarantee after an appeals court
expanded creditors’ allowable claims.

Puerto Rico's financial oversight board, which is managing the
utility's bankruptcy, is seeking to amend a debt-cutting plan in
part by reallocating some of National's recoveries to bondholders,
a move the bond insurer rejects, according to a joint status report
filed Wednesday to the court.

                       About Puerto Rico

Puerto Rico is a self-governing commonwealth in association with
the United States. The chief of state is the President of the
United States of America. The head of government is an elected
Governor. There are two legislative chambers: the House of
Representatives, 51 seats, and the Senate, 27 seats.

In 2016, the U.S. Congress passed PROMESA, which, among other
things, created the Financial Oversight and Management Board and
imposed an automatic stay on creditor lawsuits against the
government, which expired May 1, 2017.

The members of the oversight board are: (i) Andrew G. Biggs,
(ii)Jose B. Carrion III, (iii) Carlos M. Garcia, (iv) Arthur J.
Gonzalez, (v) Jose R. Gonzalez, (vi) Ana. J. Matosantos, and (vii)
David A. Skeel Jr.

On May 3, 2017, the Commonwealth of Puerto Rico filed a petition
for relief under Title III of the Puerto Rico Oversight,
Management, and Economic Stability Act ("PROMESA"). The case is
pending in the United States District Court for the District of
Puerto Rico under case number 17-cv-01578. A copy of Puerto Rico's
PROMESA petition is available at
http://bankrupt.com/misc/17-01578-00001.pdf                       


On May 5, 2017, the Puerto Rico Sales Tax Financing Corporation
(COFINA) commenced a case under Title III of PROMESA (D.P.R. Case
No. 17-01599). Joint administration has been sought for the Title
III cases.

On May 21, 2017, two more agencies -- Employees Retirement System
of the Government of the Commonwealth of Puerto Rico and Puerto
Rico Highways and Transportation Authority (Case Nos. 17-01685 and
17-01686) -- commenced Title III cases.

U.S. Chief Justice John Roberts named U.S. District Judge Laura
Taylor Swain to preside over the Title III cases.

The Oversight Board has hired as advisors, Proskauer Rose LLP and
O'Neill & Borges LLC as legal counsel, McKinsey & Co. as strategic
consultant, Citigroup Global Markets as municipal investment
banker, and Ernst & Young, as financial advisor.

Martin J. Bienenstock, Esq., Scott K. Rutsky, Esq., and Philip M.
Abelson, Esq., of Proskauer Rose LLP; and Hermann D. Bauer, Esq.,
at O'Neill & Borges LLC are onboard as attorneys.

Prime Clerk LLC is the claims and noticing agent.  Prime Clerk
maintains the case Website
https://cases.primeclerk.com/puertorico

Jones Day is serving as counsel to certain ERS bondholders.

Paul Weiss is counsel to the Ad Hoc Group of Puerto Rico General
Obligation Bondholders.


PULSE PHYSICIAN: Melissa Haselden Named Subchapter V Trustee
------------------------------------------------------------
The U.S. Trustee for Region 7 appointed Melissa Haselden, Esq., at
Haselden Farrow, PLLC as Subchapter V trustee for Pulse Physician
Organization, PLLC.

Ms. Haselden will be paid an hourly fee of $550 for her services as
Subchapter V trustee and will be reimbursed for work-related
incurred.

Ms. Haselden declared that she is a disinterested person according
to Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Melissa A. Haselden, Esq.  
     Haselden Farrow, PLLC
     700 Milam, Suite 1300
     Pennzoil Place
     Houston, TX 77002
     Telephone: (832) 819-1149
     Facsimile: (866) 405-6038
     Email: mhaselden@haseldenfarrow.com

                About Pulse Physician Organization

Pulse Physician Organization, PLLC is a medical group that
specializes in medical weight loss, pain management, interventional
cardiology, internal medicine, family medicine, and podiatry.

Pulse Physician Organization and its affiliates sought protection
under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Texas
Lead Case No. 24-32860) on June 20, 2024. At the time of the
filing, Pulse Physician Organization disclosed $2,556,518 in total
assets and $3,395,617 in total liabilities.

Judge Jeffrey P. Norman oversees the case.

The Debtors tapped Robert C. Lane, Esq., at the Lane Law Firm as
counsel.


PURDUE PHARMA: MoloLamken Highlights Bankruptcy in Latest Briefing
------------------------------------------------------------------
The national litigation boutique MoloLamken LLP is pleased to
announce the release of this year's MoloLamken Supreme Court
Business Briefing. This is the fourteenth year the firm has
published its summary of the decisions from the U.S. Supreme Court
that have the greatest relevance to business.

"The Supreme Court's business docket was groundbreaking this Term,"
noted MoloLamken partner Robert Kry. "The Court issued major
decisions on administrative law, bankruptcy, and other topics
affecting business," added Michael Pattillo, another firm partner.

The Supreme Court issued a pair of major decisions on the authority
of administrative agencies. In one, the Court overruled the
forty-year-old Chevron doctrine that required courts to defer to
reasonable agency interpretations of ambiguous statutes. In the
other, the Court held that the Seventh Amendment right to a jury
trial precludes the SEC from enforcing securities fraud statutes by
seeking civil penalties in its own in-house tribunals rather than
in federal courts.

The Court also issued its most important bankruptcy decision in
years, holding that Purdue's reorganization plan could not grant
releases to third parties who had not subjected their own assets to
the bankruptcy process. That ruling eliminates an approach that
many parties had used in recent years to resolve high-profile
bankruptcies.

The Supreme Court also addressed a number of other significant
issues affecting business this Term. The Court weighed in on the
rights of social media companies like Facebook and YouTube to make
content moderation decisions, holding that they have a First
Amendment right to make editorial judgments about the content on
their platforms. The Court lowered the bar for employees to pursue
Title VII discrimination claims, allowing suits to proceed even
when the tangible impact of an employment action is modest. And the
Court ruled that investors seeking to hold a defendant liable for
omissions may have to show that the omissions rendered other
statements misleading.

The MoloLamken Supreme Court Business Briefing has been widely
praised in both the business and legal communities for its clarity
and insight.

                         About MoloLamken

MoloLamken handles complex business disputes, IP disputes, and
white collar defense and investigations in the trial and appellate
courts, including the Supreme Court of the United States, as well
as arbitral forums. The firm's international client base includes
leading corporations, hedge funds, private equity firms, investors,
inventors, executives, and foreign sovereigns. With offices in New
York, Chicago, and Washington, D.C., MoloLamken represents clients
around the world in some of the most significant disputes and
investigations in the U.S. today.

                    About Purdue Pharma LP
  
Purdue Pharma L.P. and its subsidiaries --
http://www.purduepharma.com/-- develop and provide prescription
medicines and consumer products that meet the evolving needs of
healthcare professionals, patients, consumers and caregivers.

Purdue's subsidiaries include Adlon Therapeutics L.P., focused on
treatment for Attention-Deficit/Hyperactivity Disorder (ADHD) and
related disorders; Avrio Health L.P., a consumer health products
company that champions an improved quality of life for people in
the United States through the reimagining of innovative product
solutions; Imbrium Therapeutics L.P., established to further
advance the emerging portfolio and develop the pipeline in the
areas of CNS, non-opioid pain medicines, and select oncology
through internal research, strategic collaborations and
partnerships; and Greenfield Bioventures L.P., an investment
vehicle focused on value-inflection in early stages of clinical
development.

Opioid makers in the U.S. are facing pressure from a crackdown on
the addictive drug in the wake of the opioid crisis and as state
attorneys general file lawsuits against manufacturers. More than
2,000 states, counties, municipalities and Native American
governments have sued Purdue Pharma and other pharmaceutical
companies for their role in the opioid crisis in the U.S., which
has contributed to the more than 700,000 drug overdose deaths in
the U.S. since 1999.

OxyContin, Purdue Pharma's most prominent pain medication, has been
the target of over 2,600 civil actions pending in various state and
federal courts and other fora across the United States and its
territories.

On Sept. 15 and 16, 2019, Purdue Pharma L.P. and 23 affiliated
debtors each filed a voluntary petition for relief under Chapter 11
of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Lead Case No.
19-23649), after reaching terms of a preliminary agreement for
settling the massive opioid litigation. The Debtors' consolidated
balance sheet as of Aug. 31, 2019, showed $1.972 billion in assets
and $562 million in liabilities.

U.S. Bankruptcy Judge Robert Drain oversees the cases.  

The Debtors tapped Davis Polk & Wardwell, LLP and Dechert, LLP, as
legal counsels; PJT Partners as investment banker; AlixPartners as
financial advisor; and Grant Thornton, LLP as tax structuring
consultant. Prime Clerk, LLC, is the claims agent.

Akin Gump Strauss Hauer & Feld LLP and Bayard, P.A., represent the
official committee of unsecured creditors appointed in the Debtors'
bankruptcy cases.

David M. Klauder, Esq., is the fee examiner appointed in the
Debtors' cases. The fee examiner is represented by Bielli &
Klauder, LLC.

                          *     *     *

U.S. Bankruptcy Judge Robert Drain in early September 2021 approved
a plan to turn Purdue into a new company (Knoa Pharma LLC) no
longer owned by members of the Sackler family, with its profits
going to fight the opioid epidemic. The Sackler family agreed to
pay $4.3 billion over nine years to the states and private
plaintiffs and in exchange for a lifetime legal immunity. The deal
resolves some 3,000 lawsuits filed by state and local governments,
Native American tribes, unions, hospitals and others who claimed
the company's marketing of prescription opioids helped spark and
continue an overdose epidemic.

Separate appeals to approval of the Plan have already been filed by
the U.S. Bankruptcy Trustee, California, Connecticut, the District
of Columbia, Maryland, Rhode Island and Washington state, plus some
Canadian local governments and other Canadian entities.

In early March 2022, Purdue Pharma reached a nationwide settlement
over its role in the opioid crisis, with the Sackler family members
boosting their cash contribution to as much as $6 billion. The
settlement was hammered out with attorneys general from the eight
states -- California, Connecticut, Delaware, Maryland, Oregon,
Rhode Island, Vermont and Washington -- and D.C. who had opposed
the previous settlement.


PURDUE PHARMA: States Agree to Mediate After Sackler Ruling
-----------------------------------------------------------
Randi Love of Bloomberg Law reports that states that sued Purdue
Pharma LP over its opioid tactics agreed to additional mediation
following the US Supreme Court decision that struck down liability
shields for members of the billionaire Sackler family that own the
company.

The high court ruled, in a 5-4 decision last week, that third-party
liability releases for the Sacklers under Purdue's bankruptcy exit
plan and $6 billion litigation settlement, were impermissible
because some creditors hadn't consented to them.

New York, 47 other states, territories, and districts agreed to
mediation, but said they were only willing to sign on to a 60-day
mediation period.

                   About Purdue Pharma LP
  
Purdue Pharma L.P. and its subsidiaries --
http://www.purduepharma.com/-- develop and provide prescription
medicines and consumer products that meet the evolving needs of
healthcare professionals, patients, consumers and caregivers.

Purdue's subsidiaries include Adlon Therapeutics L.P., focused on
treatment for Attention-Deficit/Hyperactivity Disorder (ADHD) and
related disorders; Avrio Health L.P., a consumer health products
company that champions an improved quality of life for people in
the United States through the reimagining of innovative product
solutions; Imbrium Therapeutics L.P., established to further
advance the emerging portfolio and develop the pipeline in the
areas of CNS, non-opioid pain medicines, and select oncology
through internal research, strategic collaborations and
partnerships; and Greenfield Bioventures L.P., an investment
vehicle focused on value-inflection in early stages of clinical
development.

Opioid makers in the U.S. are facing pressure from a crackdown on
the addictive drug in the wake of the opioid crisis and as state
attorneys general file lawsuits against manufacturers. More than
2,000 states, counties, municipalities and Native American
governments have sued Purdue Pharma and other pharmaceutical
companies for their role in the opioid crisis in the U.S., which
has contributed to the more than 700,000 drug overdose deaths in
the U.S. since 1999.

OxyContin, Purdue Pharma's most prominent pain medication, has been
the target of over 2,600 civil actions pending in various state and
federal courts and other fora across the United States and its
territories.

On Sept. 15 and 16, 2019, Purdue Pharma L.P. and 23 affiliated
debtors each filed a voluntary petition for relief under Chapter 11
of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Lead Case No.
19-23649), after reaching terms of a preliminary agreement for
settling the massive opioid litigation. The Debtors' consolidated
balance sheet as of Aug. 31, 2019, showed $1.972 billion in assets
and $562 million in liabilities.

U.S. Bankruptcy Judge Robert Drain oversees the cases.   

The Debtors tapped Davis Polk & Wardwell, LLP and Dechert, LLP, as
legal counsels; PJT Partners as investment banker; AlixPartners as
financial advisor; and Grant Thornton, LLP as tax structuring
consultant. Prime Clerk, LLC, is the claims agent.

Akin Gump Strauss Hauer & Feld LLP and Bayard, P.A., represent the
official committee of unsecured creditors appointed in the Debtors'
bankruptcy cases.

David M. Klauder, Esq., is the fee examiner appointed in the
Debtors' cases. The fee examiner is represented by Bielli &
Klauder, LLC.

                          *     *     *

U.S. Bankruptcy Judge Robert Drain in early September 2021 approved
a plan to turn Purdue into a new company (Knoa Pharma LLC) no
longer owned by members of the Sackler family, with its profits
going to fight the opioid epidemic. The Sackler family agreed to
pay $4.3 billion over nine years to the states and private
plaintiffs and in exchange for a lifetime legal immunity. The deal
resolves some 3,000 lawsuits filed by state and local governments,
Native American tribes, unions, hospitals and others who claimed
the company's marketing of prescription opioids helped spark and
continue an overdose epidemic.

Separate appeals to approval of the Plan have already been filed by
the U.S. Bankruptcy Trustee, California, Connecticut, the District
of Columbia, Maryland, Rhode Island and Washington state, plus some
Canadian local governments and other Canadian entities.

In early March 2022, Purdue Pharma reached a nationwide settlement
over its role in the opioid crisis, with the Sackler family members
boosting their cash contribution to as much as $6 billion. The
settlement was hammered out with attorneys general from the eight
states -- California, Connecticut, Delaware, Maryland, Oregon,
Rhode Island, Vermont and Washington -- and D.C. who had opposed
the previous settlement.


QLESS INC: Hits Chapter 11 Bankruptcy Protection in Delaware
------------------------------------------------------------
Chrissa Olson of Inc. reports that virtual queueing software
company, QLess Inc., has filed for bankruptcy.

One year ago, QLess, a virtual queuing software that promises to
save people time from standing in real lines, announced with big
fanfare that more than 200 million people had used its product.

Now, the company has filing for bankruptcy.

The Pasadena, California-based company, a key player in the
fast-growing market for queuing management software, filed for
Chapter 11 bankruptcy in Delaware on Wednesday, June 19, 2024.
According to court documents, its liabilities total $13.5 million,
over double its total assets.

One of its largest debts includes $234,000 owed to the Internal
Revenue Service.

On its website, QLess lists several colleges as clients, including
the University of Florida, University of California Berkeley, and
NYU. It also provides services to small businesses, as well as
healthcare, education, and government organizations, according to
its LinkedIn profile. QLess also has a mobile app that allows users
to join virtual lines at businesses near them. The company did not
make a public announcement about whether the bankruptcy proceedings
would affect its services.

QLess was founded in 2006 by Alex Bäcker, who came up with the
idea after waiting in long lines for food at an amusement park. He
partnered with then-CTO Tim McCune to code the software. QLess was
named Best Computer Services Company of the Year in 2013 by the
American Business Awards, according to Fast Company.

Its leadership changed over the years. In 2021, private equity firm
Palisades Growth Capital acquired a controlling stake in QLess. (As
of now, Palisades Growth Capital owns 34.8% of the company
according to court documents. QLess's next largest equity security
holder is Qtech Acquisition, LLC, which owns about 25%.) According
to his LinkedIn, James Harvey has been the CEO for the past two
years.

The business previously projected optimism in July 2023, when it
announced its growth in the healthcare industry had doubled over
the previous year. And its industry is also growing: It's part of
an estimated $839 million market for queuing management software
that is expected to grow to $1.22 billion by 2030, according to
Grand View Research. But, like many companies that have been
acquired by PE firms, QLess appears to have a lot of debt.

Jordan Kroop, an attorney for QLess, declined to comment. Harvey,
and other QLess leadership did not return requests for comment.

                         About QLess Inc.

QLess, Inc. was founded in 2009, in Pasadena, Calif., as a software
startup operating from the cloud serving as a queue management
platform for customers to access over the internet, thus
eliminating customer time spent waiting in line for service.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Case No. 24-11395) on June 19,
2024, with $5,455,608 in assets and $13,504,290 in liabilities.
James Harvey, chief executive officer, signed the petition.

Judge Brendan Linehan Shannon presides over the case.

The Debtor tapped James E. O'Neil, Esq. at Pachulski Stang Ziehl &
Jones, LLP as the Debtor's counsel, and Kurtzman Carson
Consultants, LLC as claims, noticing and solicitation agent.


RED LOBSTER: Intends to Hasten Chapter 11 Bankruptcy Exit
---------------------------------------------------------
Jonathan Randles of Bloomberg News reports that Red Lobster wants
to speed-up its potential exit from Chapter 11 after the seafood
chain struck a deal with a key creditor group and Fortress
Investment Group, a major lender that may end-up owning the
business out of bankruptcy.

Red Lobster said in a Monday, June 24, 2024, court filing that it
will seek permission from a bankruptcy judge to expedite approval
of a forthcoming Chapter 11 restructuring plan.

The company said it intends to ask Judge Grace Robson permission to
truncate the normal process for notifying creditors of a Chapter 11
plan, which usually takes months.

                  About Red Lobster Seafood Co.

Red Lobster Management, LLC, owns and operates 705 Red Lobster
seafood restaurants throughout North America. Red Lobster generates
about $2.4 billion of annual revenue. Red Lobster is owned by
private equity firm Golden Gate Capital. On the Web:
http://www.redlobster.com/  

Red Lobster Management and its affiliates sought Chapter 11
protection (Bankr. M.D. Fla. Lead Case NO. 24-02486) on May 19,
2024. As part of these filings, Red Lobster has entered into a
stalking horse purchase agreement pursuant to which Red Lobster
will sell its business to an entity formed and controlled by its
existing term lenders.

King & Spalding LLP is lead counsel to the Debtors; Berger
Singerman LLP serves as local counsel; and Blake, Cassel & Graydon,
LLC represents the Canadian applicants.

Alvarez & Marsal North America, LLC is serving as financial advisor
and providing corporate leadership as Chief Executive and Chief
Restructuring Officers. Jonathan Tibus, a Managing Director at
Alvarez & Marsal, serves as the debtors' CEO.

Hilco Corporate Finance is serving as M&A advisor to Red Lobster.
Keen-Summit is serving as real estate advisor.


REGAL PRESS: Hires Thornton Springer LLP as Accountant
------------------------------------------------------
Regal Press, Inc. seeks approval from the U.S. Bankruptcy Court for
the District of Massachusetts to employ Thornton Springer LLP as
accountant.

The firm will provide these services:

     a. preparing and filing quarterly and annual tax returns taxes
owed in the European Union and the United Kingdom arising from its
sales to customers in the EU and the UK and reviewing reports
provided by the Debtor in connection therewith; and

     b. other related services customarily provided by Thornton as
the Debtor may request.

The firm will be paid at £660 each quarter for the preparation and
submission of quarterly VAT returns and approximately £3,600 for
preparation and submission of annual financial statements, for a
total annual charge of between £6,000 to £7,000.

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

Zahid Saleem, a partner at Thornton Springer LLP, disclosed in a
court filing that the firm is a "disinterested person" as the term
is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Zahid Saleem
     Thornton Springer LLP
     67 Westow Street, Upper Norwood
     London, SE19 3RW, United Kingdom
     Tel: +44 20 8771-8661

              About Regal Press, Inc.

The Regal Press, Inc. sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. D. Mass. Case No. 24-10485) on March
13, 2024. In the petition signed by William N. Duffey, Jr.,
president, the Debtor disclosed up to $10 million in assets and up
to $20 million in liabilities.

Judge Christopher J. Panos oversees the case.

D. Ethan Jeffery, Esq., at MURPHY & KING, PROFESSIONAL CORPORATION,
represents the Debtor as legal counsel.


RESIDENT RESEARCH: Starts Subchapter V Bankruptcy Process
---------------------------------------------------------
Resident Research LLC filed Chapter 11 protection in the Western
District of North Carolina.  According to court filing, the Debtor
reports $3,751,297
in debt owed to 1 and 49 creditors. The petition states that funds
will be available to unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 31, 2024 at 1:00 p.m. at Zoom 341 Meeting.

                   About Resident Research

Resident Research LLC provides organizations large and small
resident and employment screening solutions. The primary goal of
Debtor is to assist landlords and property managers in identifying
and thereby eliminating delinquent tenants as potential renters.

Resident Research LLC sought relief under Subchapter V of Chapter
11 of the U.S. Bankruptcy Code (Bankr. W.D.N.C. Case No. 24-30533)
on June 21, 2024. In the petition signed by David Plank, as member,
the Debtor reports total assets of $2,439,105 and total liabilities
of $3,751,297.

The Honorable Bankruptcy Judge Laura T. Beyer oversees the case.

The Debtor is represented by:

     John C. Woodman, Esq.
     ESSEX RICHARDS PA
     1701 South Boulevard
     Charlotte, NC 28203
     Tel: (704) 37-7-43x00
     Fax: (704) 37-2-13x57
     Email: jwoodman@essexrichards.com



RITE AID CORP: Gets Clearance for Ch. 11 Exit, Stops Total Closure
------------------------------------------------------------------
Jonathan Randles of Bloomberg News reports that Rite Aid Corp. has
been cleared to exit bankruptcy after winning court approval on a
restructuring plan that’s poised to save the ailing pharmacy
chain from liquidation by handing control of the business to key
creditors.

Judge Michael Kaplan said Friday, June 28, 2024, he'd approve a
restructuring deal that cuts about $2 billion in debt and gives the
pharmacy access to about $2.5 billion in exit financing to fund a
turnaround plan its advisers have dubbed "Rite Aid 2.0."

The deal also includes a series of settlements resolving
investigations by federal authorities and more than 1,000 civil
lawsuits related to opioid prescriptions.

                         About Rite Aid

Rite Aid -- http://www.riteaid.com-- is a full-service pharmacy
that improves health outcomes. Rite Aid is defining the modern
pharmacy by meeting customer needs with a wide range of vehicles
that offer convenience, including retail and delivery pharmacy, as
well as services offered through our wholly owned subsidiaries,
Elixir, Bartell Drugs and Health Dialog. Elixir, Rite Aid's
pharmacy benefits and services company, consists of accredited mail
and specialty pharmacies, prescription discount programs and an
industry leading adjudication platform to offer superior member
experience and cost savings. Health Dialog provides healthcare
coaching and disease management services via live online and phone
health services. Regional chain Bartell Drugs has supported the
health and wellness needs in the Seattle area for more than 130
years. Rite Aid employs more than 6,100 pharmacists and operates
more than 2,100 retail pharmacy locations across 17 states.

The Debtors sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D.N.J. Lead Case No. 23-18993) on Oct. 15, 2023. In
the petition signed by Jeffrey S. Stein, chief executive officer
and chief restructuring officer, Rite Aid disclosed $7,650,418,000
in total assets and $8,597,866,000 in total liabilities.

Judge Michael B. Kaplan oversees the cases.

The Debtors tapped Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as general bankruptcy counsel, Cole Schotz, P.C.,
as local bankruptcy counsel, Guggenheim Partners as investment
banker, Alvarez & Marsal North America, LLC as financial, tax and
restructuring advisor, and Kroll Restructuring Administration as
claims and noticing agent.


RITE AID CORP: Wins $200 Million Elixir Sale Dispute
----------------------------------------------------
Jonathan Randles of Bloomberg News reports that Rite Aid Corp. Rite
Aid Corp. isn't responsible for more than $200 million in extra
costs tied to the recent acquisition of its pharmacy benefit
manager Elixir by MedImpact Healthcare Systems Inc., a judge ruled
Monday, June 24, 2024.

Judge Michael Kaplan said during a hearing in New Jersey bankruptcy
court that the underlying Elixir sale agreement makes MedImpact
responsible for the disputed liabilities, which include millions of
dollars in unpaid reimbursements owed to CVS Health Corp.,
Walgreens Boots Alliance Inc. and Walmart Inc.

The ruling is a boost for Rite Aid as it works to exit Chapter 11,
saving it from incurring unexpected expenses.

                        About Rite Aid

Rite Aid -- http://www.riteaid.com-- is a full-service pharmacy
that improves health outcomes. Rite Aid is defining the modern
pharmacy by meeting customer needs with a wide range of vehicles
that offer convenience, including retail and delivery pharmacy, as
well as services offered through our wholly owned subsidiaries,
Elixir, Bartell Drugs and Health Dialog. Elixir, Rite Aid's
pharmacy benefits and services company, consists of accredited
mail
and specialty pharmacies, prescription discount programs and an
industry leading adjudication platform to offer superior member
experience and cost savings. Health Dialog provides healthcare
coaching and disease management services via live online and phone
health services. Regional chain Bartell Drugs has supported the
health and wellness needs in the Seattle area for more than 130
years. Rite Aid employs more than 6,100 pharmacists and operates
more than 2,100 retail pharmacy locations across 17 states.

The Debtors sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D.N.J. Lead Case No. 23-18993) on Oct. 15,
2023. In the petition signed by Jeffrey S. Stein, chief executive
officer and chief restructuring officer, Rite Aid disclosed
$7,650,418,000 in total assets and $8,597,866,000 in total
liabilities.

Judge Michael B. Kaplan oversees the cases.

The Debtors tapped Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as general bankruptcy counsel, Cole Schotz, P.C.,
as local bankruptcy counsel, Guggenheim Partners as investment
banker, Alvarez & Marsal North America, LLC as financial, tax and
restructuring advisor, and Kroll Restructuring Administration as
claims and noticing agent.





RITE AID: Auctions MedImpact Loan for Elixir Deal at 90 Cents
-------------------------------------------------------------
Jeannine Amodeo and Carmen Arroyo of Bloomberg News report that the
$567 million loan supporting MedImpact's purchase of Elixir
Solutions from bankrupt US pharmacy chain Rite Aid Corp. have been
successfully sold in auction at 90 cents on the dollar, according
to a person with knowledge of the matter.

Guggenheim Securities conducted the loan sale, and bids had been
due on June 26, 2024, the person said.

MedImpact completed the purchase of Elixir earlier this year.

                        About Rite Aid

Rite Aid -- http://www.riteaid.com/-- is a full-service pharmacy
that improves health outcomes.  Rite Aid is defining the modern
pharmacy by meeting customer needs with a wide range of vehicles
that offer convenience, including retail and delivery pharmacy, as
well as services offered through our wholly owned subsidiaries,
Elixir, Bartell Drugs and Health Dialog.  Elixir, Rite Aid's
pharmacy benefits and services company, consists of accredited mail
and specialty pharmacies, prescription discount programs and an
industry leading adjudication platform to offer superior member
experience and cost savings. Health Dialog provides healthcare
coaching and disease management services via live online and phone
health services. Regional chain Bartell Drugs has supported the
health and wellness needs in the Seattle area for more than 130
years.  Rite Aid employs more than 6,100 pharmacists and operates
more than 2,100 retail pharmacy locations across 17 states.

The Debtors sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D.N.J. Lead Case No. 23-18993) on Oct. 15, 2023.  In
the petition signed by Jeffrey S. Stein, chief executive officer
and chief restructuring officer, Rite Aid disclosed $7,650,418,000
in total assets and $8,597,866,000 in total liabilities.

Judge Michael B. Kaplan oversees the cases.

The Debtors tapped Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as general bankruptcy counsel, Cole Schotz, P.C.,
as local bankruptcy counsel, Guggenheim Partners as investment
banker, Alvarez & Marsal North America, LLC, as financial, tax and
restructuring advisor, and Kroll Restructuring Administration as
claims and noticing agent.


RITE AID: Closes Detroit Distribution Facility,Lays Off 191 Workers
-------------------------------------------------------------------
DeJanay Booth-Singleton of CBS News reports that Rite Aid closing
Metro Detroit distribution center, laying off 191 workers.

Rite Aid announced it will close its distribution center in
Pontiac, resulting in 191 layoffs, after filing for Chapter 11
bankruptcy.

According to a Worker Adjustment and Retraining Notification,
workers were notified last week of the closure. Positions included
nearly warehouse workers, forklift operators, clerical employees,
maintenance, a financial analyst and tractor drivers.

The center will officially close and layoffs will be effective on
Aug. 16, 2024, according to the notice.

Rite Aid announced it was closing 12 more stores in Michigan last
week and 19 stores last year, 2023.

The company filed for bankruptcy in October 2023, citing
underperforming stores. It struggled over recent years amid opioid
lawsuits. In 2022, it settled for up to $30 million after its
pharmacies were accused of contributing to an oversupply of
prescription opioids.

                  About Rite Aid

Rite Aid -- http://www.riteaid.com-- is a full-service pharmacy
that improves health outcomes. Rite Aid is defining the modern
pharmacy by meeting customer needs with a wide range of vehicles
that offer convenience, including retail and delivery pharmacy, as
well as services offered through our wholly owned subsidiaries,
Elixir, Bartell Drugs and Health Dialog. Elixir, Rite Aid's
pharmacy benefits and services company, consists of accredited
mail and specialty pharmacies, prescription discount programs and
an industry leading adjudication platform to offer superior member
experience and cost savings. Health Dialog provides healthcare
coaching and disease management services via live online and phone
health services. Regional chain Bartell Drugs has supported the
health and wellness needs in the Seattle area for more than 130
years. Rite Aid employs more than 6,100 pharmacists and operates
more than 2,100 retail pharmacy locations across 17 states.

The Debtors sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D.N.J. Lead Case No. 23-18993) on Oct. 15,
2023. In the petition signed by Jeffrey S. Stein, chief executive
officer and chief restructuring officer, Rite Aid disclosed
$7,650,418,000 in total assets and $8,597,866,000 in total
liabilities.

Judge Michael B. Kaplan oversees the cases.

The Debtors tapped Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as general bankruptcy counsel, Cole Schotz, P.C.,
as local bankruptcy counsel, Guggenheim Partners as investment
banker, Alvarez & Marsal North America, LLC as financial, tax and
restructuring advisor, and Kroll Restructuring Administration as
claims and noticing agent.







RITE AID: Reaches $409M Settlement in Whistleblower Lawsuit
-----------------------------------------------------------
The nationally recognized law firm Baron & Budd announced on July
10, that the U.S. Department of Justice has obtained a settlement
against Rite Aid in a groundbreaking lawsuit brought forth by
whistleblowers alleging violations of the False Claims Act and the
Controlled Substances Act. The whistleblowers in this case are
former Rite Aid pharmacy employees represented by Baron & Budd. The
settlement provides that the government will be paid $7.5 million
and have an allowed, unsubordinated, general unsecured claim of
$401.8 million in Rite Aid's pending bankruptcy case.

According to the suit, the whistleblowers alleged that Rite Aid
incentivized and pressured its pharmacists to fill all
prescriptions -- regardless of validity -- which resulted in
prescriptions that were not medically necessary being filled and
billed to government programs.

Taxpayer-funded health care programs, such as Medicare, Medicaid,
and Tricare, cover the costs of valid prescriptions issued for
legitimate medical purposes, but these programs ended up paying out
billions of dollars for medically unnecessary opioid prescriptions
filled by Rite Aid pharmacies.

"We are pleased that our clients will be rewarded for their courage
to come forward and expose the harmful practices of major retail
pharmacies, like Rite Aid," said Baron & Budd Shareholder Will
Powers. "Millions of Americans have been impacted by the opioid
epidemic resulting from the irresponsible operations of Rite Aid
and other pharmacies."

The suit alleged that Rite Aid had the data and information to
enact safe and responsible opioid dispensing practices, but
consistently disregarded its duties to properly identify,
investigate, and resolve red flag prescriptions before dispensing.
The settlement represents the first successful whistleblower case
against a major pharmacy chain for its opioid-related conduct.

"Once again, we have successfully prosecuted a major corporation
for fraud through the public/private partnership between the
Department of Justice and whistleblowers," said Baron & Budd
shareholder Scott Simmer. "This should serve as a warning to retail
pharmacies that the DOJ and whistleblowers will continue to work
together to expose the destructive practices that endanger American
lives and waste taxpayer dollars."

Baron & Budd's whistleblower representation team has more than 40
years of experience representing dozens of clients in government
fraud cases. They have returned more than $6 billion to federal and
state agencies with whistleblower recovery shares as high as 50%.

                     About Baron & Budd, P.C.

With more than 40 years of experience, Baron & Budd has the
expertise and resources to handle complex litigation throughout the
United States. As a law firm that takes pride in remaining at the
forefront of litigation, Baron & Budd has spearheaded many
significant cases for hundreds of public entities and tens of
thousands of individuals. Since the firm was founded in 1977, Baron
& Budd has achieved substantial national acclaim for its work on
cutting-edge litigation, trying hundreds of cases to verdict and
settling tens of thousands of cases in areas of litigation as
diverse and significant as dangerous and highly addictive
pharmaceuticals, defective medical devices, asbestos and
mesothelioma, wildfires, environmental contamination, fraudulent
banking practices, e-cigarettes, motor vehicles, federal
whistleblower cases, and other consumer fraud issues.

                         About Rite Aid

Rite Aid -- http://www.riteaid.com-- is a full-service pharmacy
that improves health outcomes. Rite Aid is defining the modern
pharmacy by meeting customer needs with a wide range of vehicles
that offer convenience, including retail and delivery pharmacy, as
well as services offered through our wholly owned subsidiaries,
Elixir, Bartell Drugs and Health Dialog. Elixir, Rite Aid's
pharmacy benefits and services company, consists of accredited mail
and specialty pharmacies, prescription discount programs and an
industry leading adjudication platform to offer superior member
experience and cost savings. Health Dialog provides healthcare
coaching and disease management services via live online and phone
health services. Regional chain Bartell Drugs has supported the
health and wellness needs in the Seattle area for more than 130
years. Rite Aid employs more than 6,100 pharmacists and operates
more than 2,100 retail pharmacy locations across 17 states.

The Debtors sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D.N.J. Lead Case No. 23-18993) on Oct. 15,
2023. In the petition signed by Jeffrey S. Stein, chief executive
officer and chief restructuring officer, Rite Aid disclosed
$7,650,418,000 in total assets and $8,597,866,000 in total
liabilities.

Judge Michael B. Kaplan oversees the cases.

The Debtors tapped Kirkland & Ellis LLP and Kirkland & Ellis
International LLP as general bankruptcy counsel, Cole Schotz, P.C.,
as local bankruptcy counsel, Guggenheim Partners as investment
banker, Alvarez & Marsal North America, LLC as financial, tax and
restructuring advisor, and Kroll Restructuring Administration as
claims and noticing agent.


RIVER SUB: Michael Colvard Named Subchapter V Trustee
-----------------------------------------------------
The U.S. Trustee for Region 7 appointed Michael Colvard as
Subchapter V trustee for River Sub, LLC.

Mr. Colvard will charge $400 per hour for his services as
Subchapter V trustee and will seek reimbursement for work-related
expenses incurred.

Mr. Colvard declared that he is a disinterested person according to
Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Michael Colvard
     Weston Centre
     112 East Pecan St., Ste. 1616
     San Antonio, TX 78205
     Email: mcolvard@mdtlaw.com
     Telephone: (210) 220-1334

                          About River Sub

River Sub, LLC, a company in San Antonio, Texas, filed a petition
under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. W.D.
Texas Case No. 24-51145) on June 20, 2024, with as much as $1
million to $10 million in both assets and liabilities. Cathy Amato,
manager, signed the petition.

Judge Michael M Parker oversees the case.

The Law Offices of Ray Battaglia, PLLC serves as the Debtor's
bankruptcy counsel.


RIVER SUBS LLC: Starts Subchapter V Bankruptcy Proceeding
---------------------------------------------------------
Jonathan Maze of Restaurant Business reports that A 48-unit Subway
franchisee declares bankruptcy.

A large Subway franchisee out of San Antonio that last year lost a
$3 million wrongful death lawsuit filed for Chapter 11 bankruptcy
protection late last week.

River Subs LLC, which operates 48 restaurants in Texas, is seeking
to reorganize under Chapter 11 bankruptcy. The company listed both
assets and liabilities at between $1 million and $10 million,
according to court documents, but did not explain a reason for the
filing.

Yet its largest debt is over a wrongful death lawsuit filed by the
family of Marisela Cadena, a 43-year-old manager with the
franchisee was shot and killed by her ex-boyfriend outside one of
the shops.

The franchise was founded in 1991 by a trio of operators, Martha
Jordan, Cathy Amato and Rick Riley. Riley retired in 2021.

The company said in court documents that it "has continuously
employed a majority of minority and low-income team members and
developed them into future leaders for Subway."

The company said 90% of its management started as entry-level
workers, which Subway calls "sandwich artists." Amato and Jordan
have served on various Subway franchisee associations and
advertising boards.

By 2012, River Subs peaked at 69 restaurants. But the company since
then closed 21 of those locations, due to a combination of
"restaurant saturation as well as the COVID pandemic."

The company generated less than $30 million in sales last year and
employs 454 workers, according to court documents.

Subway itself has struggled with store closures for years, starting
in 2015, amid weak per-unit sales and high costs. The company has
closed about 7,000 restaurants over the past nine years. It remains
the most prolific restaurant chain in the U.S., with some 20,000
locations.

Cadena was a store manager who was apparently denied a request to
transfer to a different restaurant three days before her murder in
2020. Her survivors filed a lawsuit the next year in a Texas state
court, claiming that River Subs failed to implement proper security
measures.

An arbitrator ruled in the family's favor last year, and earlier
this month River Subs lost an appeal of that decision.

The bankruptcy filing is designed to reorganize the business, and
Jordan and Amato continue to operate the business.

             About River Subs LLC

River Subs LLC is a Subway franchisee.

River Subs LLC sought relief under Subchapter V of Chapter 11 of
the U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 24-51145) on
June 21, 2024. In its petition, the Debtor reports estimated assets
and liabilities between $1 million and $10 million each.

The Debtor is represented by:

     Raymond W. Battaglia, Esq.
     Law Offices of Ray Battaglia, PLLC
     ATTN: CATHY AMATO, MANAGER
     4242 MEDICAL DRIVE
     SUITE 5201


RKO SERVICES: Files for Subchapter V Bankruptcy
-----------------------------------------------
RKO Services LLC filed Chapter 11 protection in the Southern
District of Texas.  According to court filing, the Debtor reports
between $1 million and $10 million in debt owed to 1 and 49
creditors.  The petition states funds will not be available to
unsecured creditors.

                       About RKO Services

RKO Services LLC sought relief under Subchapter V of Chapter 11 of
the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 24-20186) on
July 1, 2024.  In the petition signed by Robert Orfino, as manager,
the Debtor estimated total assets between $500,000 and $1 million
and estimated liabilities between $1 million and $10 million.

The Honorable Bankruptcy Judge Marvin Isgur handles the case.

The Debtor is represented by:

     H. Gray Burks, IV, Esq.
     BURKSBAKER PLLC
     950 Echo Ln, Suite 300
     Houston TX 77024-2824
     Tel: (713) 897-1297
     Email: gray.burks@bakerassociates.net



ROSE ANIMAL: Hires Rountree Leitman Klein as Counsel
----------------------------------------------------
Rose Animal Hospital, LLC, seeks approval from the U.S. Bankruptcy
Court for the Northern District of Georgia to employ Rountree,
Leitman, Klein & Geer, LLC as counsel.

The firm's services include:

     a. giving the Debtor legal advice with respect to its powers
and duties as Debtor-inPossession in the management of its
property;

     b. preparing on behalf of the Debtor as Debtor-in-Possession
necessary schedules, applications, motions, answers, orders,
reports and other legal matters;

     c. assisting in examination of the claims of creditors;

     d. assisting with formulation and preparation of the
disclosure statement and plan of reorganization and with the
confirmation and consummation thereof; and

     e. performing all other legal services for the Debtor as
Debtor-in-Possession that may be necessary herein.

The firm will be paid at these rates:

     William A. Rountree                $595 per hour
     Will B. Geer                       $595 per hour
     Hal Leitman                        $425 per hour
     Michael Bargar                     $535 per hour
     William Matthews                   $425 per hour
     David S. Klein                     $495 per hour
     Alexandra Dishun                   $425 per hour
     Elizabeth Childers                 $425 per hour
     Ceci Christy                       $425 per hour
     Caitlyn Powers                     $375 per hour
     Shawn Eisenberg                    $300 per hour
     Elizabeth Miller, Paralegals       $250 per hour
     Megan Winokur, Paralegals          $175 per hour
     Tarsha Daniel, Paralegals,         $225 per hour
     Catherine Smith, Paralegals        $150 per hour
     Aaron Schrader, Law Clerk          $175 per hour

The firm received a pre-petition retainer in the amount of $15,000,
plus $1,738 filing fee.

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

William A. Rountree, Esq., a partner at Rountree, Leitman, Klein &
Geer, LLC, disclosed in a court filing that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The firm can be reached at:

     William A. Rountree, Esq.
     Caitlyn Powers, Esq.
     Rountree, Leitman, Klein & Geer, LLC
     Century Plaza I
     2987 Clairmont Road, Suite 350
     Atlanta, GA 30329
     Tel: (404) 584-1238
     Email: wrountree@rlkglaw.com
            cpowers@rlkglaw.com

              About Rose Animal Hospital, LLC

Rose Animal Hospital, LLC filed a petition under Chapter 11,
Subchapter V of the Bankruptcy Code (Bankr. N.D. Ga. Case No.
24-55937) on June 4, 2024, with up to $50,000 in assets and up to
$1 million in liabilities.

William A. Rountree, Esq., at Rountree Leitman Klein & Geer, LLC
represents the Debtor as legal counsel.


ROYSTONE ON QUEEN: Hires Bush Kornfeld LLP as Bankruptcy Counsel
----------------------------------------------------------------
Roystone on Queen Anne LLC seeks approval from the U.S. Bankruptcy
Court for the Western District of Washington to employ Bush
Kornfeld LLP as bankruptcy counsel.

The firm's services include:

     a. advising the Debtor of its rights, duties, responsibilities
and powers in the Chapter 11
Case;

     b. assisting, advising, and representing the Debtor relative
to the administration of the Chapter 11 Case;

     c. attending meetings and conferences and otherwise
communicating and negotiating with representatives of creditors and
other parties in interest as to matters arising in or related to
the Chapter 11 Case;

    d. assisting the Debtor in the formulation, preparation,
drafting, negotiating and obtaining approval of a plan of
reorganization and corresponding disclosure statement;

    e. assisting the Debtor in the review, analysis, negotiation
and approval of any financing or funding agreements;

    f. taking all necessary actions to protect and preserve the
interests of the Debtor, its business operations and its bankruptcy
estate, including, without limitation, the investigation and
prosecution of actions against third parties;

    g. reviewing, analyzing, evaluating and (where appropriate)
filing objections to claims filed or asserted against the Debtor in
the Chapter 11 Case;

    h. assisting the Debtor in the review, analysis, negotiation
and approval of any transactions as an alternative to confirmation
of plans of reorganization;

    i. generally prepare on behalf of the Debtor all appropriate
and necessary motions, applications, responses, replies, answers,
orders, reports, and other papers and pleadings in support and
furtherance of the Chapter 11 Case;

    j. appear, as appropriate, before this Court, appellate courts,
and other courts or regulatory bodies in which matters may be heard
and to protect the interests of the Debtor before said courts,
regulatory bodies and the United States Trustee; and

    k. perform such other legal services as may be required or
deemed to be in the interests of the Chapter 11 Case, the Debtor
and the bankruptcy estate.

The firm will be paid at these rates:

     Attorneys                 $425 to $695 per hour
     Clerks and paralegals     $125 to $175 per hour

The firm holds the amount of $117,898.84 in trust as the balance
remaining of the advance deposit.

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

Richard B. Keeton, Esq., a partner at Bush Kornfeld LLP, disclosed
in a court filing that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Richard B. Keeton, Esq.
     Bush Kornfeld Llp
     601 Union Street, Suite 5000
     Seattle, WA 98101
     Tel: (206) 292-2110
     Email: rkeeton@bskd.com

              About Roystone on Queen Anne LLC

The Debtor owns a newly-constructed residential apartment complex
commonly known as the Roystone Apartments, located at 5 W Roy
Street, Seattle, WA 98119, having an an appraised value of
$39,056,543.

Roystone on Queen Anne LLC in Seattle, WA, filed its voluntary
petition for Chapter 11 protection (Bankr. W.D. Wash. Case No.
24-11462) on June 12, 2024, listing $39,433,126 in assets and
$35,776,259 in liabilities. James H. Wong as manager of Vibrant
Cities, LLC, signed the petition.

Judge Christopher M Alston oversees the case.

BUSH KORNFELD LLP serve as the Debtor's legal counsel.


ROYSTONE ON QUEEN: Hires Cushman & Wakefield as Appraiser
---------------------------------------------------------
Roystone on Queen Anne LLC, seeks approval from the U.S. Bankruptcy
Court for the Western District of Washington to employ Cushman and
Wakefield of Washington, Inc. as appraiser.

The firm will appraise the Debtor's real property known as 5 W Roy
Street in Seattle, Washington.

The firm will be paid $6,000 for the appraisal report.

Brian R. O'Connor, a partner at Cushman and Wakefield of
Washington, Inc., disclosed in a court filing that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The firm can be reached at:

     Brian R. O'Connor
     Cushman and Wakefield of Washington, Inc.
     2101 L Street, N.W. Suite 50
     Washington, DC 20037
     Tel: (202) 463-2100

              About Roystone on Queen Anne LLC

The Debtor owns a newly-constructed residential apartment complex
commonly known as the Roystone Apartments, located at 5 W Roy
Street, Seattle, WA 98119, having an an appraised value of
$39,056,543.

Roystone on Queen Anne LLC in Seattle, WA, filed its voluntary
petition for Chapter 11 protection (Bankr. W.D. Wash. Case No.
24-11462) on June 12, 2024, listing $39,433,126 in assets and
$35,776,259 in liabilities. James H. Wong as manager of Vibrant
Cities, LLC, signed the petition.

Judge Christopher M Alston oversees the case.

BUSH KORNFELD LLP serve as the Debtor's legal counsel.


RRG INC: Seeks to Hire Klosinski Overstreet LLP as Attorney
-----------------------------------------------------------
RRG Inc. seeks approval from the U.S. Bankruptcy Court for the
Southern District of Georgia to employ Klosinski Overstreet, LLP as
attorney.

The firm will provide these services:

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

     b. prepare, on behalf of applicant as Debtor-In-Possession,
necessary applications, answers, reports and other legal papers;

     c. prepare pleadings and applications and to conduct
examinations incidental to the administrations of applicant's
estate;

     d. take any and all necessary action instant to the proper
preservation and administration of the estate;

     e. assist the Debtor-In-Possession with preparation and filing
of a Statement of Affairs and Schedules as appropriate; and

     f. perform all other legal services for applicant as
Debtor-In-Possession which may be necessary herein; and it is
necessary for Debtor-In-Possession to employ attorneys for such
professional services.

The firm will be paid at these rates:

     Bowen Klosinski           $295 per hour
     Scott J. Klosinsk         $395 per hour
     Paralegal                 $150 per hour

The firm was paid a retainer in the amount of $18,738

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

Scott Klosinski, Esq., a partner at Klosinski Overstreet, LLP,
disclosed in a court filing that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached at:

     Scott Klosinski, Esq.
     Klosinski Overstreet, LLP
     1229 Augusta West Parkway
     Augusta, GA 30909
     Tel: (706) 863-2255
     Email: bak@klosinski.com

              About RRG Inc.

RRG, Inc. is a company in Cumming, Ga., which is primarily engaged
in providing food services.

The Debtor filed a petition under Chapter 11, Subchapter V of the
Bankruptcy Code (Bankr. S.D. Ga. Case No. 24-10075) on January 31,
2024, with up to $50,000 in assets and up to $10 million in
liabilities. Tiffany Caron serves as Subchapter V trustee.

Judge Susan D. Barrett oversees the case.

Bowen Klosinski, Esq., at Klosinski Overstreet, LLP and Rhoden CPA
Firm serve as the Debtor's legal counsel and accountant,
respectively.


RYAN SPECIALTY: Fitch Assigns 'BB+' LongTerm IDR, Outlook Stable
----------------------------------------------------------------
Fitch Ratings has assigned Long-Term Issuer Default Ratings (IDRs)
of 'BB+' to Ryan Specialty Holdings, Inc. (Ryan) and its primary
borrower entity, Ryan Specialty, LLC. The Rating Outlook is Stable.
Fitch has also assigned 'BBB-'/'RR1' ratings to Ryan's $600 million
senior secured revolving credit facility, senior secured term loans
with approximately $1.6 billion outstanding at March 2024, and $400
million senior secured notes.

Ryan's ratings reflect the company's solid market position in
insurance brokerage, strong organic growth profile, stable and
recurring business model, solid EBITDA margins, and exposure to a
recession resilient end market. However, moderate financial
leverage and acquisitive growth strategy weigh against the
ratings.

KEY RATING DRIVERS

End Market Exposure: Ryan is well-positioned in the fast-growing
excess & surplus (E&S) market due to its scale and historic focus
on this space. Comprehensive product offerings and deep carrier
relationships enable it to provide coverage for highly specialized
and complex risks and to quickly secure smaller accounts. Due to
this and Ryan's lack of channel conflict with its broker customers,
it has reported strong double-digit revenue growth over the past
three years. The company generates 20% to 25% of revenue from the
more standard, admitted market.

Solid Market Position: Ryan has an established position in the U.S.
wholesale insurance brokerage market, as the second largest
provider by total premiums, according to Business Insurance. The
E&S market grew at 2x the CAGR of the standard admitted market in
recent years. Ryan's scale, focus and expertise in the E&S market
has supported market share gains and robust organic revenue
growth.

Strong Organic Growth: Fitch views Ryan's historic growth profile
as a credit positive and expects the company to benefit from solid
pricing and overall economic trends in the near term. Organic
revenue growth ranged from 15% to 22% per year from 2020-2023, and
management guided organic growth of 12.5% to 14% in 2024. This
level of organic growth is strong relative to industry peers and
signals a combination of solid execution and end market exposure.
Ryan's business is characterized by high client retention and
resilient organic growth. The company is expanding its presence in
many end markets and regions through producer recruitment, which
should support continued healthy organic trends.

Moderate Financial Profile: Ryan's EBITDA leverage (gross
debt/EBITDA) fluctuated between 3.0x to 4.0x in recent years due to
debt-funded acquisitions. Fitch forecasts EBITDA leverage in the
low- to mid-3.0x range over the rating horizon, although M&A could
drive temporary periods of more elevated leverage. Ryan
historically used debt proceeds along with cash from operations to
fund its M&A strategy, and this will likely continue in the future.
Capex requirements are modest, resulting in healthy FCF generation,
which the company has historically used to fund acquisitions and
growth initiatives.

Stable Business Model: Ryan operates a fairly predictable business
model in an industry that performs well throughout the economic
cycle. It has not experienced a meaningful market correction since
its founding in 2010, but industry peers have historically proven
resilient across the full economic cycle. Ryan's focus is solely on
the insurance space, which exhibits even lower cyclicality than
certain consulting areas in which some of its larger peers
compete.

Healthy Cash Flows: Ryan's track record of positive FCF supports
the rating. Its low capex and working capital requirements common
to the brokerage industry support solid CF generation. Cash taxes
paid by the parent are relatively low given the company's
structure, although overall tax distributions are a material use of
cash and paid via distributions to LLC unit holders, including Ryan
Specialty Holdings, Inc. management, among other holders. Fitch
projects Ryan could generate FCF margins (after LLC tax
distributions) as a percentage of revenue in the low- to mid-teens
in the next few years.

Governance Structure: Governance risk is a factor in Ryan's IDR due
to material ownership concentration by the Chairman/CEO/Founder
Patrick G. Ryan. However, this risk is partially mitigated by the
company's deep and experienced executive bench and by the current
transition plan to move Mr. Ryan into an Executive Chairman role
this year. Mr. Ryan and his family have roughly 75% of the voting
rights, presenting key-person risk and risks pertaining to
ownership concentration.

Limited Diversification: Ryan's lower diversification versus
certain of its peers constrains its IDR. The company scaled its
business materially to generate more than $2.0 billion of annual
revenue, via both specialty insurance lines developed in-house and
M&A. However, Ryan is much less diversified by region and product
offerings than its larger investment-grade rated peers. The recent
acquisition of UK-based Castel Underwriting Agencies Limited
further expanded its international presence, but non-US revenue
comprised only 3% of revenue in 2023.

Diverse Broker and Carrier Relationships: The insureds served by
Ryan's clients operate in many businesses and industries in the
U.S., Canada, the UK, Europe, and other countries. Ryan's clients
are retail brokers and agents, other intermediaries, and insurance
carriers. The top five U.S. retail brokers comprise roughly 20% of
revenue, and no single retail broker accounted for more than 9% of
revenue in 2023. No carrier accounted for more than 7% of total
revenue in 2023, excluding all Lloyd's syndicates combined.

Parent Subsidiary Linkage: Fitch's analysis includes a weak
parent/strong subsidiary approach between the parent, Ryan
Specialty Holdings, Inc and its primary operating subsidiary Ryan
Specialty, LLC. The quality of the overall linkage is high, which
results in an equalization of the companies' IDRs. Ryan Specialty,
LLC is the company's main operating subsidiary where all of the
company's sales and earnings are generated. The parent (financial
filer) owns 45.6% of the LLC while Ryan's founder, management team
and other holders own the majority share of 54.4%.

DERIVATION SUMMARY

Ryan competes in a fragmented landscape of insurance brokerage and
benefits services providers that includes other local/regional
companies, national agents and large multi-national brokers. Fitch
rates numerous companies in the insurance brokerage and business
services industries that are comparable in terms of scale,
operating profile and business model.

Ryan operates with sizeable revenue of $2.0 billion and EBITDA of
$625 million in 2023 but remains relatively small versus larger
global brokers such as Marsh & McLennan Companies, Inc.
(A-/Stable), Aon plc (BBB+/Negative), Willis Towers Watson plc
(BBB/Positive), and Arthur J. Gallagher & Co. (BBB+/Stable). Fitch
also rates Navacord Intermediate Holdings, Inc. (B/Stable) and
Truist Insurance Holdings, LLC, (B/Stable), however these companies
are highly levered as compared to Ryan.

The 'BB+' rating is reflective of Ryan's strong historic growth
profile, solid profitability and CF generation, offset by its
smaller scale, moderate leverage, and more limited diversification
versus its larger industry peers.

KEY ASSUMPTIONS

- Organic growth assumed in the 10% to 12% range in the next few
years, but incremental M&A leads to higher reported revenue
growth;

- EBITDA margins expand to the low-30% range through 2027, driven
by operating leverage on higher revenue, some benefits from M&A and
cost savings initiatives;

- Capex remains near 1% of revenue over the ratings horizon;

- M&A spend estimated at $500 million to $1.6 billion per year,
which Fitch projects will be largely debt-financed;

- EBITDA leverage remains in the 3.0x to 3.5x range, although Fitch
believes the company is willing to assume higher leverage for
certain periods for the right acquisitions.

RATING SENSITIVITIES

Factors that could, individually or collectively, lead to positive
rating action/upgrade:

- Increased diversification by end market exposure, product lines
and/or region;

- EBITDA leverage, defined as debt/EBITDA, expected to be sustained
below 3.0x.

Factors that could, individually or collectively, lead to negative
rating action/downgrade:

- EBITDA leverage sustained above 4.0x for a sustained period
without a credible de-leveraging plan;

- A material change in strategy and/or deterioration of financial
profile or operating performance.

LIQUIDITY AND DEBT STRUCTURE

Liquidity Profile: Fitch believes Ryan's liquidity is sufficient
and should enable it to invest for growth while also providing
sufficient downside protection for the rating category. The company
had $646 million of cash on its balance sheet and an undrawn $600
million senior secured revolver at March 2024, although Fitch
expects the company to continue its M&A growth strategy and this
will impact its cash over time. Liquidity will be also supported by
stable and positive cash generation in the business and
availability on its revolver.

Debt Structure: Ryan's capital structure included approximately
$2.0 billion of gross debt at March 2024, which consists of: a
first lien senior secured revolver, a $1.6 billion term loan and
$400 million of senior secured notes. The revolver expires in July
2026 while the term loan facility matures in 2027.

ISSUER PROFILE

Founded in 2010, Ryan is a service provider of specialty products
and solutions for insurance brokers, agents, and carriers. Ryan
provides distribution, underwriting, product development,
administration, and risk management services by acting as a
wholesale broker and a managing underwriter or a program
administrator with delegated authority from insurance carriers.

DATE OF RELEVANT COMMITTEE

27 June 2024

ESG CONSIDERATIONS

The highest level of ESG credit relevance is a score of '3', unless
otherwise disclosed in this section. A score of '3' means ESG
issues are credit-neutral or have only a minimal credit impact on
the entity, either due to their nature or the way in which they are
being managed by the entity. Fitch's ESG Relevance Scores are not
inputs in the rating process; they are an observation on the
relevance and materiality of ESG factors in the rating decision.

   Entity/Debt              Rating            Recovery   
   -----------              ------            --------    
Ryan Specialty, LLC   LT IDR BB+  New Rating

   senior secured     LT     BBB- New Rating    RR1

Ryan Specialty
Holdings, Inc.        LT IDR BB+  New Rating


SALT LIFE: Seeks Chapter 11 Bankruptcy Protection
-------------------------------------------------
Daniel Kline of The Street reports that another popular beer brand
has filed Chapter 11 bankruptcy.

Salt Life, which is owned by Delta Apparel, which just filed for
Chapter 11 bankruptcy protection is a lifestyle apparel brand built
around bathing suits and related wear. The company used the
#GetSalty and has a sort of patriotic meets Jimmy Buffett vibe.

"Our brand originated as a decal and we have sold over 2 million of
these to our loyal customers. Today, Salt Life is more than just a
logo; it represents a passion for the ocean, the salt air, and most
importantly, a way of life. Founded by four watermen from
Jacksonville Beach, Fla., Salt Life has captured the attention of
many ocean enthusiasts across the world and became one of today’s
leading lifestyle brands," the company shared on its website.

The brand isn't just about looking good, it's also designed to be
practical and meet the rigors of the ocean.

"Salt Life's team of avid watermen has helped put Salt Life’s
apparel to the test, and it is designed to withstand the harsh
environment that comes with the territory of saltwater sports," the
company added. "...Whether you’re going offshore fishing for
marlin, diving to explore a wreck, or surfing gnarly waves, our
distinctive dedication to offer quality products ranging from
apparel, performance gear, sunglasses, accessories, and even the
ubiquitous decal, we have something for everyone that is living the
Salt Life."

               Salt Life also had a beer brand

Salt Life also produced a beer under a separate company. The beer
brand's website has been taken down, but descriptions of the beer
can be found on the Total Wine website.

"United States, Florida: Salt Life lager is a new interpretation of
the classic American lager. Our beer is inspired by those who live
the watermen's lifestyle. This is the perfect American lager;
crisp, clean, and refreshing," it shared.

Salt Life Beverage LLC filed for bankruptcy on June 30, the same
day as Delta Apparel (DLA) , which owns the Salt Life clothing
brand. Both companies filed in the District of Delaware.

                        About Salt Life

                        About Delta Apparel

Headquartered in Duluth, Georgia, Delta Apparel, Inc., is a
vertically integrated, international apparel company with 6,800
employees worldwide.  The Company designs, manufactures, sources,
and markets a diverse portfolio of core activewear and lifestyle
apparel products under its primary brands of Salt Life, Soffe, and
Delta.  The Company specializes in selling casual and athletic
products through a variety of distribution channels and tiers,
including outdoor and sporting goods retailers, independent and
specialty stores, better department stores and mid-tier retailers,
mass merchants, eRetailers, the U.S. military, and through its
business-to business digital platform.

Delta Apparel Inc. and six affiliates filed for Chapter 11
protection in Wilmington, Del., on June 30, 2024, with a deal in
hand to sell its Salt Life brand. The lead case is In re Salt Life
Beverage, LLC (Bankr. D. Del. Lead Case No. 24-11468).

Delta Apparel's assets as of June 1, 2024, total $337,801,000 and
debt total $244,564,000. The petitions were signed by Mr. Pruban.

The Hon. Judge Laurie Selber Silverstein presides over the cases.

Lawyers at Polsinelli PC serve as counsel to the Debtors. Tim
Pruban at Focus Management Group is serving as the Debtors' chief
restructuring officer. MMG Advisors, Inc., serves as investment
banker.  Epiq is the claims and noticing agent and administrative
advisor.


SANDVINE CORP: Moody's Withdraws 'Caa1' Corp. Family Rating
-----------------------------------------------------------
Moody's Ratings has withdrawn all ratings for Sandvine Corporation,
including the Caa1 corporate family rating, Caa1-PD probability of
default rating, and B3 ratings on its backed senior secured first
lien revolving credit facility and backed senior secured first lien
term loan. The outlook prior to the withdrawal was negative.

RATINGS RATIONALE

Moody's has decided to withdraw the rating(s) following a review of
the issuer's request to withdraw its rating(s).

Sandvine Corporation, headquartered in Waterloo, Ontario, Canada
and owned by funds affiliated with Francisco Partners, provides
network and application intelligence solutions to mobile, fixed,
cable, satellite and Wi-Fi service providers, and governments
globally.


SC HEALTH CARE: Petersen Selects $136 Million Winning Asset Bids
----------------------------------------------------------------
Emlyn Cameron of Law360 reports that Petersen Health Care told a
Delaware bankruptcy court Wednesday, July 3, 2024, it selected four
successful bids, totaling roughly $135. 8 million, for the
company's skilled nursing facilities, including an offer worth
$116.2 million from a stalking-horse bidder.

                About Petersen Health Care Inc.

SC Healthcare Holding, LLC, et al., comprise one of the largest
nursing home operators in the United States and work in partnership
with physicians, skilled nurses, and other health care providers in
order to provide various healthcare and  rehabilitation services
for elderly citizens in Illinois, Missouri, and Iowa.

SC Healthcare Holding, LLC, and its affiliates, including Petersen
Health Care, Inc., sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Lead Case No. 24-10443) on March
20, 2024. In the petition signed by David R. Campbell as authorized
signatory, SC Healthcare disclosed up to $100 million to $500
million in assets and $100 million to $500 million in liabilities.

Judge Hon. Thomas M. Horan oversees the case.

Young Conaway Stargatt & Taylor, LLP, and Winston & Strawn LLP,
serve as the Debtors' legal counsel.


SCILEX HOLDING: Settles Virpax Suit for $6 Million
--------------------------------------------------
As previously disclosed by Scilex Holding Company on March 12,
2021, Scilex Pharmaceuticals Inc., the Company's wholly owned
subsidiary, and Sorrento Therapeutics, Inc. filed an action in the
Delaware Court of Chancery against the former President of Scilex
Pharma, Anthony Mack, and Virpax Pharmaceuticals, Inc., a company
founded and then headed by Mr. Mack, alleging, among other things,
breach by Mr. Mack of a restrictive covenant agreement with
Sorrento related to his sale of his Scilex Pharma stock to
Sorrento, tortious interference with that agreement by Virpax,
breach of Mr. Mack's fiduciary duties to Scilex Pharma, aiding and
abetting of that breach by Virpax, and misappropriation of Scilex
Pharma's trade secrets by Mr. Mack and Virpax.

On February 29, 2024, the Company and Virpax entered into a
settlement agreement, which provides for, among other things, that
Virpax is obligated to make the following payments to the Company
to settle the Action:

     (i) $3.5 million by two business days after the Effective Date
(as defined therein), which payment has been made;

    (ii) $2.5 million by July 1, 2024; and

   (iii) to the extent any of the following drug candidates are
ever sold, royalty payments of (a) 6% of annual Net Sales of
Epoladerm, (b) 6% of annual Net Sales of Probudur and (c) 6% of
annual Net Sales of Envelta.

Such royalty payments will end upon (i) expiration of the
last-to-expire valid patent claim of Virpax or its licensor
covering the manufacture, use or sale of such product in such
country; and (ii) expiration of any period of regulatory
exclusivity for such product in such country.

On July 8, 2024, the Company received the $2.5 million that was due
on July 1, 2024. Plaintiffs' release relates to claims against
Virpax only, which does not affect its claims against Mr. Mack.
Plaintiffs have not released Mr. Mack, and litigation against him
remains ongoing.

                      About Scilex Holding

Headquartered in Palo Alto, Calif., Scilex Holding Company is
focused on acquiring, developing and commercializing non-opioid
pain management products for the treatment of acute and chronic
pain. Scilex targets indications with high unmet needs and large
market opportunities with non-opioid therapies for the treatment of
patients with acute and chronic pain and are dedicated to advancing
and improving patient outcomes.  Scilex's commercial products
include: (i) ZTlido (lidocaine topical system) 1.8%, a prescription
lidocaine topical product approved by the U.S. Food and Drug
Administration for the relief of neuropathic pain associated with
postherpetic neuralgia, which is a form of post-shingles nerve
pain; (ii) ELYXYB, a potential first-line treatment and the only
FDA-approved, ready-to-use oral solution for the acute treatment of
migraine, with or without aura, in adults; and (iii) Gloperba, the
first and only liquid oral version of the anti-gout medicine
colchicine indicated for the prophylaxis of painful gout flares in
adults, expected to launch in the first half of 2024.

As of March 31, 2024, Scilex had $91.24 million in total assets,
$281.03 million in total liabilities, and a total stockholders'
deficit of $189.79 million.

San Diego, California-based Ernst & Young LLP, the Company's
auditor since 2020, issued a "going concern" qualification in its
report dated March 11, 2024, citing that the Company has negative
working capital, has suffered losses from operations, has recurring
negative cash flows from operations, and has stated that
substantial doubt exists about the Company's ability to continue as
a going concern.


SDI GIFT CARD LLC: Hits Chapter 11 Bankruptcy Protection
--------------------------------------------------------
On June 18, 2024, SDI Gift Card LLC filed Chapter 11 protection in
the District of Delaware. According to court filing, the Debtor
reports between $10 million and $50 million in debt owed to 1 and
49 creditors. The petition states funds will be available to
unsecured creditors.

                    About SDI Gift Card LLC

SDI Gift Card LLC is a limited liability company.

SDI Gift Card LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Case No. 24-11387) on June 18,
2024. In the petition signed by David Barton, authorized
representative Bob's EMS Holdings LLC, manager of Debtor's Sole
Member, the Debtor reports estimated assets up to $50,000 and
estimated liabilities between $10 million and $50 million.

Honorable Bankruptcy Judge Mary F. Walrath handles the case.

The Debtor is represented by:

     Maria Aprile Sawczuk, Esq.
     GOLDSTEIN & MCCLINTOCK LLLP
     501 Silverside Road, Suite 65
     Wilmington, DE 19809
     Tel: 302-444-6710
     Fax: 302-444-6709
     Email: marias@goldmclaw.com


SEARS HOMETOWN: Eddie Lampert Wins Damage Reduction Suit
--------------------------------------------------------
Jennifer Kay of Bloomberg Law reports that billionaire Eddie
Lampert only owes former Sears Hometown and Outlet Stores Inc.
shareholders $8.7 million, a Delaware judge said Tuesday, July 2,
2024, in an order cutting the amount of damages he had awarded in a
first-of-its-kind decision earlier this year, 2024.

The Delaware Chancery Court in January 2024 ordered Lampert to pay
$18.3 million to ex-shareholders of the bankrupt onetime affiliate
of the iconic department store chain that Lampert took private in
2019. Vice Chancellor J. Travis Laster corrected the amount to $8.7
million, before interest, in response to Lampert's request for an
adjustment.

             About Sears Authorized Hometown Stores

Sears Authorized Hometown Stores, LLC distributes products through
approximately 121 "Sears Hometown Stores," which are locally owned
and operated businesses that offer a selection of the trusted names
in home appliances, lawn and garden equipment, and tools.

Sears Authorized Hometown Stores, LLC, and Sears Hometown Stores,
Inc., sought protection under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. D. Del. Lead Case No. 22-11303) on Dec. 12, 2022.

In the petition signed by Elissa Robertson, CEO, Sears Authorized
Hometown disclosed up to $50 million in assets and up to $100
million in liabilities.

Judge Laurie Selber Silverstein oversees the cases.

Saul Ewing LLP is the Debtors' legal counsel.  The Debtors tapped
Gray & Company, LLC, as financial advisor and Stretto as claims and
noticing agent.


SIX FLAGS: Moody's Assigns 'Ba3' CFR Amid Cedar Fair Transaction
----------------------------------------------------------------
Moody's Ratings assigned a Ba3 Corporate Family Rating, a Ba3-PD
Probability of Default Rating and an SGL-2 Speculative Grade
Liquidity Rating (SGL) to Six Flags Entertainment Corporation (Six
Flags) (fka CopperSteel Holdco, Inc.), the entity formed in
connection with the closing of the merger between Six Flags
Entertainment Corporation and Cedar Fair, L.P. (Cedar Fair). The
former CFRs and PDRs for Six Flags Entertainment Corporation
(B2/B2-PD, respectively) and Cedar Fair, L.P., (B1 and B1-PD,
respectively) have been withdrawn. The SGL-2 rating under Cedar
Fair and SGL-3 rating under Six Flags have also been withdrawn.
Moody's assigned a Ba1 rating to Six Flags' new $850 million
revolving credit facility due July, 2029, and upgraded the former
Six Flags Entertainment Corporation's and its subsidiary co-issuers
senior unsecured notes formerly issued under Cedar Fair and Six
Flags to B1 from B3 and the senior secured bank facilities,
formerly issued under Cedar Fair, and Six Flags Theme Parks Inc.
senior secured notes to Ba1 from Ba2. Governance is a driver of the
rating action given the change in organizational structure and more
conservative financial policies going forward. This action
concludes the ratings reviews for Six Flags Entertainment
Corporation and Cedar Fair, L.P. which were initiated on November
3, 2023 following the companies' announcement of their agreement to
merge. The outlook assigned to Six Flags is stable and the outlook
for Six Flags Theme Parks Inc. is stable. The outlooks of Cedar
Fair, L.P. and Six Flags Entertainment Corporation have been
withdrawn. Previously, the ratings were under review for upgrade.

On July 1, 2024, Six Flags and Cedar Fair closed their all-stock
merger with the combined company being renamed Six Flags
Entertainment Corporation. The debt of the former issuers is cross
guaranteed, making all the debt pari passu within each priority of
claim and supported by all the same assets and operations. Cedar
Fair unitholders received one share of common stock in the new
combined company for each unit owned and Six Flags shareholders
received 0.5800 (the "Six Flags Exchange Ratio") shares of common
stock in the new combined company for each share owned. Prior Cedar
Fair unitholders own approximately 51.2% and prior Six Flags
shareholders own approximately 48.8% of the combined company's
fully diluted share capital at the merger closing. Six Flags has
also paid a special cash dividend of $1.53 per share of Six Flags
common stock.

RATINGS RATIONALE

The Ba3 CFR reflects the combined company's more conservative
financial policies going forward and Moody's expectation that
leverage will decline to under 4.0x over the next two years. The
ratings were also impacted by the combined company's materially
increased scale, with proforma annual revenues of over $3 billion
as it is the largest regional theme park operator in the US, with a
geographically more diversified portfolio of 27 amusement parks, 15
water parks and 9 resort properties across 17 states in the U.S.,
Canada, and Mexico. The improved diversification will partially
mitigate the impact of seasonality and volatility due to weather
and regional economic downturns. Management anticipates that it
will be able to achieve $120 million in cost synergies over two
years and $80 million in new revenue synergies within three years,
resulting in greater financial flexibility. Moody's anticipate the
company will direct increasing cash flow to park investment and
debt reduction which in addition to growing EBITDA, Moody's
anticipate will lead to deleveraging, a stated management goal. The
combined company's financial policy going forward is more
conservative, with a net leverage target of around 3.0x (before
Moody's adjustments). The elimination of the REIT structure for
Cedar Fair also improves financial flexibility.

"Moody's believe that merging two of the US's largest regional
theme park owners into a leading industry provider of out of home
entertainment will enable the combined company to capitalize on the
new found scale, and optimize revenue strategies and cost
efficiencies," stated Neil Begley, Moody's Ratings' Senior Vice
President.

With the closing of the merger, proforma financial leverage is
about 4.9x (as of the last twelve months ended March 31, 2024,
proforma combined, including anticipated synergies, Moody's
Adjusted). This level of financial leverage is elevated for the
rating.

Six Flags Entertainment Corporation's speculative grade liquidity
rating of SGL-2 reflects a good liquidity position with $100
million of cash and access to the $850 million revolving credit
facility. Proforma free cash flow as of March 31, 2024, was around
$90 million and Moody's expects that FCF remain positive and
continue to increase as cost cutting actions are realized. The
company will spend material amounts on capex with over $400 million
of combined capex as of March 31, 2024, on a proforma basis and
Moody's expects capex to remain between $400-$500 million over the
next 12-18 months. The new $850 million revolver is due July 2029
and is subject to a maximum first lien leverage ratio of 5.25x,
stepping down over time.

The stable outlook reflects Moody's view that the company will grow
both revenue and margins via synergies gained from the combination,
achieving benefits of greater scale and diversity, and cross
pollinating and adopting the best practices and strategies from
each company. Moody's expect Moody's adjusted leverage of under
4.0x by year end 2026.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

An upgrade of Six Flag's ratings could occur if Moody's expect
leverage to be sustained at 3.25x or less (Moody's adjusted) with a
strong commitment from management to maintain such leverage levels.
A strong liquidity position would also be required with FCF as a
percentage of debt in the low double digits percentage. Six Flag's
ratings could be downgraded if Moody's expect leverage to be
sustained above 4.25x as a result of non-cyclical operational
challenges, a more aggressive financial policy posture including
debt funded acquisitions or leveraging equity friendly
transactions. A weakened liquidity position could also lead to
ratings pressure.

Six Flags Entertainment Corporation, with its headquarters in
Arlington, TX, owns and operates amusement parks, water parks, and
hotels in the U.S., Canada, and Mexico. Following the merger of Six
Flags and Cedar Fair on July 1, 2024, the company operates 42 North
American theme and waterparks. The park portfolio includes 42
wholly owned facilities including parks in top demographic metro
areas - as well as three consolidated partnership parks - Six Flags
over Texas (SFOT), Six Flags over Georgia (SFOG), and White-Water
Atlanta. Six Flags currently owns 54.1% of SFOT and 31.5% of
SFOG/White Water Atlanta. In addition, the company has
international licensing agreements in Saudi Arabia. Proforma
revenue including full consolidation of the partnership parks was
approximately $3.2 billion as of FYE 2023.

The principal methodology used in these ratings was Business and
Consumer Services published in November 2021.


SKYX PLATFORMS: All Four Proposals Approved at Annual Meeting
-------------------------------------------------------------
Skyx Platforms Corp. disclosed in a Form 8-K filed with the
Securities and Exchange Commission that the Company held its Annual
Meeting on July 10, 2024, at which the stockholders:

   (1) elected Rani R. Kohen, Nancy DiMattia, Gary N. Golden, Efrat
L. Greenstein Brayer, Thomas J. Ridge, Dov Shiff, and Leonard J.
Sokolow to serve as directors until the next annual meeting of
stockholders or until their successors have been duly elected and
qualified;

   (2) ratified the appointment of M&K CPAS, PLLC as the Company's
independent registered public accounting firm for the fiscal year
ending Dec. 31, 2024;

   (3) approved, on an advisory, non-binding basis, the
compensation        of the Company's named executive officers; and
  
   (4) approved the Amended and Restated 2021 Stock Incentive
Plan.

The Plan increased the number of shares reserved for issuance
thereunder by 20,000,000 shares.

                   About SKYX Platforms Corp.

Sky Platforms' mission is to make homes and buildings become
safe-advanced and smart as the new standard.  SKYX has a series of
highly disruptive advanced-safe-smart platform technologies, with
over 90 U.S. and global patents and patent pending applications.
Additionally, the Company owns over 60 lighting and home decor
websites for both retail and commercial segments.  The Company's
technologies place an emphasis on high quality and ease of use,
while significantly enhancing both safety and lifestyle in homes
and buildings.  The Company believes that its products are a
necessity in every room in both homes and other buildings in the
U.S. and globally.  For more information, please visit its website
at https://skyplug.com.

The Woodlands, TX-based M&K CPAS, PLLC, the Company's auditor since
2018, issued a "going concern" qualification in its report dated
April 1, 2024, citing that the Company has an accumulated deficit,
negative cash flows from operations and recurring net losses, which
raises substantial doubt about its ability to continue as a going
concern.


SMITH FOOD: Seeks to Hire Siskind as Bankruptcy Counsel
-------------------------------------------------------
Smith Food Market, Inc. seeks approval from the U.S. Bankruptcy
Court for the Southern District of Florida to employ Siskind, PLLC
as legal counsel.

The firm's services include:

     (a) advise the Debtor with respect to its powers and duties;

     (b) advise the Debtor with respect to its responsibilities in
complying with the U.S. Trustee's Operating Guidelines and
Reporting Requirements and with the rules of the court;

     (c) prepare all legal documents;

     (d) protect the interest of the Debtor in all matters pending
before the court; and

     (e) represent the Debtor in negotiation with its creditors in
the preparation of a Plan.

The hourly rates of the firm's counsel and staff are as follows:

     Jeffrey M. Siskind, Attorney     $300
     Paralegal                        $150

Prior to the filing of the case, the attorney received a total
retainer in the amount of $10,000.

Mr. Siskind disclosed in a court filing that the firm is a
"disinterested person" as that term is defined in Section 101(14)
of the Bankruptcy Code.

The firm can be reached through:

     Jeffrey M. Siskind, Esq.
     Siskind, PLLC
     3465 Santa Barbara Drive
     Wellington, FL 33414
     Telephone: (561) 791-9565
     Facsimile: (561) 791-9581
     Email: JeffSiskind@msn.com

                      About Smith Food Market

Smith Food Market, Inc. sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Fla. Case No. 24-16628) on July 1,
2024. In the petition signed by Nuruddin Sheikh, president, the
Debtor disclosed under $1 million in both assets and liabilities.

Judge Mindy A. Mora oversees the case.

Jeffrey M. Siskind, Esq., at Siskind, PLLC serves as the Debtor's
bankruptcy counsel.


SOLAR BIOTECH INC: Seeks Chapter 11 With Assets Sale
----------------------------------------------------
Clara Geoghegan of Law360 reports that Virginia-based synthetic
biology products maker Solar Biotech Inc. filed for Chapter 11
bankruptcy in Delaware with plans to sell its assets, saying a
difficult capital market, the loss of a major client and the
pandemic drained its cash and caused it to furlough employees.

                     About Solar Biotech Inc.

Solar Biotech Inc. provides comprehensive sustainable and scalable
biomanufacturing solutions.

Solar Biotech Inc. sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Case No. 24-11402) on June 23,
2024. In its petition, the Debtor reports estimated assets and
liabilities between $10 million and $50 million each.

Honorable Bankruptcy Judge Laurie Selber Silverstein handles the
case.

The Debtor is represented by:

     Cheryl Ann Santaniello, Esq.
     Porzio, Bromberg & Newman, P.C.
     300 Delaware Ave, Suite 1220,
     Wilmington, DE 19801-1607
     Tel: (302) 526-1235
     Fax: (302) 416-6064
     Email: casantaniello@pbnlaw.com


SOLAR BIOTECH: U.S. Trustee Appoints Creditors' Committee
---------------------------------------------------------
The U.S. Trustee for Region 3 appointed an official committee to
represent unsecured creditors in the Chapter 11 cases of Solar
Biotech, Inc. and Noblegen Inc.

The committee members are:

     1. Dr. Marat Khodoun
        8911 Meadow Drive
        Mason, OH 45040
        Phone: 513-293-3215
        Email: khodoumv@ucmail.uc.edu

     2. Separation Guru, LLC
        Attn: Benjamin Holcombe
        105 Redhill Road
        Holly Springs, NC 27540
        Phone: 919-888-7895
        Email: ben@separationguru.com

     3. Boone Dominion Process Company, LLC
        Attn: John Garst
        1598 Gilmer Branch Road
        Boones Mill, VA 24065
        Phone: 540-797-5753
        Email: jcgarst@boonedominion.com
  
Official creditors' committees serve as fiduciaries to the general
population of creditors they represent.  They may investigate the
debtor's business and financial affairs. Committees have the right
to employ legal counsel, accountants and financial advisors at a
debtor's expense.

                  About Solar Biotech and Noblegen

Solar Biotech, Inc. and Noblegen Inc. are biotechnology companies
with nearly five years of experience in scaling biotech designs and
prototypes on a commercial scale.  They provide services to
customers in the form of various phases, which are as follows: (i)
concept development; (ii) develop prototypes; (iii) optimize costs;
(iv) use prototype samples for business development and sampling;
and (v) commercialization agreements to help transfer developed
technology into commercial products. By offering a wide range of
services, the Debtors are able to successfully meet the varying
needs of its customers across the biotech market.

Solar Biotech and Noblegen filed Chapter 11 petitions (Bankr. D.
Del. Lead Case No. 24-11402) on June 23, 2024, with $10 million to
$50 million in both assets and liabilities.

Judge Laurie Selber Silverstein oversees the cases.

The Debtors tapped Porzio, Bromberg & Newman, P.C. as bankruptcy
counsel; Newpoint Advisors Corporation as financial advisor; and
Epiq Corporate Restructuring, LLC as claims and noticing agent.


SOLDIER OPERATING: Ch.11 Committee Seeks to Hire Bankruptcy Counsel
-------------------------------------------------------------------
The official committee of unsecured creditors appointed in the
Chapter 11 cases of Soldier Operating, LLC and Viceroy Petroleum,
LP seeks approval from the U.S. Bankruptcy Court for the Western
District of Louisiana to employ H. Kent Aguillard, Esq., and Caleb
K. Aguillard, Esq., attorneys practicing in Eunice, Louisiana, as
co-counsel.

The firm will render these services:

     (a) advise the committee of its authority and the limits
thereof;

     (b) attend meetings, assist, and represent the committee in
engaging actions (by way of example) those enumerated in 11 U.S.C.
Sections 704 and 1103;

     (c) study any disclosure statements and plans offered by any
party;

     (d) interface with the U.S. Trustee;

     (e) litigate as necessary;

     (f) investigate past acts and omissions of the Debtors and any
affiliates or insiders; and

     (g) perform such duties as competent bankruptcy counsel should
perform.

The attorneys will act in concert with the committee's other
retained counsel, Stewart Robbins Brown & Altazan, LLC, to avoid
duplication of services.

The firm will be paid at these hourly rates:

     H. Kent Aguillard, Senior Attorney       $475
     Caleb K. Aguillard, Of Counsel           $375
     Germaine Arceneaux, Paralegal            $125
     April Miller, Paralegal                  $125
     Owen Reppond, Law Clerk                  $125

In addition, the firm will seek reimbursement for expenses
incurred.

Mr. Aguillard disclosed in a court filing that the firm is a
"disinterested person" as that term is defined in Section 101(14)
of the Bankruptcy Code.

The firm can be reached through:

     H. Kent Aguillard, Esq.
     Caleb K. Aguillard, Esq.
     141 South Sixth Street
     Eunice, LA 70535
     Telephone: (337) 457-9331
     Facsimile: (337) 457-2917
     Email: kent@aguillardlaw.com
            caleb@aguillardlaw.com
                     
                     About Soldier Operating

Soldier Operating, LLC and Viceroy Petroleum, LP filed voluntary
petitions for relief under Chapter 11 of the Bankruptcy Code
(Bankr. W.D. La. Lead Case No. 24-50387) on May 13, 2024. In the
petitions signed by Matthew Ferguson, president, Soldier Operating
disclosed $5,615,631 in assets and $6,089,722 in liabilities.

Judge John W. Kolwe presides over the cases.

Bradley L. Drell, Esq., at Gold, Weems, Bruser, Sues & Rundell,
APLC represents the Debtors as counsel.

The U.S. Trustee appointed an official committee of unsecured
creditors in these Chapter 11 cases. The committee tapped H. Kent
Aguillard, Esq., and Caleb K. Aguillard, Esq., and Stewart Robbins
Brown & Altazan, LLC as co-counsel.


SOUTH HILLS OPERATIONS: Cigna Health Objects to Chapter 11 Sale
---------------------------------------------------------------
Matthew Santoni of Law360 reports that Cigna objects to Chapter 11
sale Of Western Pennsylvania nursing homes.

Cigna Health and Life Insurance Co. filed an objection in
Pennsylvania bankruptcy court to the proposed sale of a group of
Pittsburgh-area nursing homes, seeking assurances that it will be
warned if the nursing homes intend to leave behind their contracts
with Cigna as part of the sale.

          About South Hills Operations, LLC

South Hills Operations, LLC and its affiliates operate 13 skilled
nursing facilities in Pennsylvania. While they do not have
identical ownership, there is substantial common ownership among
the various debtor entities, and they are affiliates of one
another.

The Debtors filed Chapter 11 petitions (Bankr. W.D. Pa. Lead Case
No. 24-21217) on May 17, 2024, with $1 million to $10 million in
assets and $10 million to $50 million in liabilities.

Judge Carlota M. Bohm oversees the cases.

The Debtors tapped Whiteford Taylor & Presto and Bass, Berry &
Sims, PLC as legal counsels; Ankura Consulting, LLC as
restructuring advisor; and Blueprint Healthcare Real Estate
Advisors, LLC and Cummings and Co. Realtors, LLC as financial
advisors.

The U.S. Trustee for Region 3 appointed an official committee to
represent unsecured creditors in the Debtors' Chapter 11 cases.









SPELL IT WITH COLOR: Neema Varghese Named Subchapter V Trustee
--------------------------------------------------------------
The U.S. Trustee for Region 11 appointed Neema Varghese of NV
Consulting Services as Subchapter V trustee for Spell It With
Color, Inc.

Ms. Varghese will be paid an hourly fee of $400 for her services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.  

Ms. Varghese declared that she is a disinterested person according
to Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Neema T. Varghese
     NV Consulting Services
     701 Potomac, Ste. 100
     Naperville, IL 60565
     Tel: (630) 697-4402
     Email: nvarghese@nvconsultingservices.com

                     About Spell It With Color

Spell It With Color, Inc., doing business as Allegra Printing and
Imaging, sought protection under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. N.D. Ill. Case No. 24-09305) on June 25, 2024, with $1
million to $10 million in assets and $500,000 to $1 million in
liabilities. Thomas Wilhelm, president, signed the petition.

Judge Deborah L. Thorne presides over the case.

Penelope Bach, Esq., at Bach Law Offices represents the Debtor as
bankruptcy counsel.


SSE DEVELOPMENT: Seeks Chapter 11 Bankruptcy Protection
-------------------------------------------------------
On June 19, 2024, SSE Development AZ LLC filed Chapter 11
protection in the District of Arizona. According to court filing,
the Debtor reports between $1 million and $10 million in debt owed
to 1 and 49 creditors. The petition states funds will be available
to unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 23, 2024 at 9:00 a.m. in Room Telephonically.

           About SSE Development AZ LLC

SSE Development AZ LLC is a limited liability company.

SSE Development AZ LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Ariz. Case No. 24-04919) on June 19,
2024. In the petition signed by Tim Maruyama, as member/owner, the
Debtor reports estimated assets between $10 million and $50 million
and estimated liabilities between $1 million and $10 million.

The Debtor is represented by:

     Patrick Keery, Esq.
     KEERY MCCUE, PLLC
     6803 E. Main Street Suite 1116
     Scottsdale AZ 75251
     Tel: (480) 478-0709
     E-mail: pfk@keerymccue.com



STARBRIDGE (ONTARIO): Airport Hotel for Auction in July 2024
------------------------------------------------------------
Nick Trombola of the Commercial Observer reports that the Ontario
Airport Hotel & Conference Center is up for auction, following
owner Morgan Group Holding's Chapter 11 bankruptcy on the property
earlier this year, 2024,. The bid deadline for the auction is July
9, 2024 with Hilco Real Estate Sales as the broker.

Morgan Group filed for Chapter 11 protections on the 10-story,
309-key hotel on April 3, 2024, according to court records. The
bankruptcy filing was a counter move from the firm, as its lender,
Cathay Bank, previously filed its own petition to force the
property into receivership. The bank claimed Morgan had defaulted
on about $13.6 million in debt, records show.

Morgan had previously hoped to overhaul the hotel, and made some
renovations last year, per Hilco.

Sitting just off Interstate 10 just a few blocks northeast of the
Ontario International Airport, the hotel, at 700 North Haven Avenue
in California's Inland Empire region, features over 232,000 square
feet, including about 22,000 square feet of meeting and banquet
areas.

"This is a unique opportunity to acquire a well-performing hotel
property in a key location," said Keith Worsham, head of Hilco's
national hotel team, in a statement.

Representatives for Morgan and Cathay Bank did not immediately
respond to requests for comment.

The airport and its surrounding amenities will likely only rise in
prominence, as the Inland Empire has become the nation's top hub
for industrial logistics space in recent years. Well over 700
million square feet of industrial space is located in the region,
with millions more in the pipeline despite slowing sale trends.

             About Starbridge (Ontario) Investment

Starbridge owns and operates the Ontario Airport Hotel & Conference
Center.

Starbridge (Ontario) Investment, LLC filed its voluntary petition
for relief under Chapter 11 of the Bankruptcy Code (Bankr. C.D.
Cal. Case No. 24-11765) on April 3, 2024, listing $10 million to
$50 million in both assets and liabilities. The petition was signed
by Jianhua Jin, Chief Executive Officer of Morgan Holding Group,
Inc., as Manager of Starbridge (Ontario) Investment, LLC.

Judge Magdalena Reyes Bordeaux presides over the case.

Jullian Sekona, Esq. at Keller Benvenutti Kim LLP, is the Debtor's
counsel.


STARBRIDGE (ONTARIO): Taps Holthouse Carlin & Van as Tax Advisor
----------------------------------------------------------------
Starbridge (Ontario) Investment, LLC seeks approval from the U.S.
Bankruptcy Court for the Central District of California to employ
Holthouse Carlin & Van Trigt, LLP as tax advisor.

The Debtor needs a tax advisor to prepare its required federal and
state tax returns for the tax year ending December 31, 2023 and
calculate and prepare its 2024 federal and state estimated tax
payment(s).

The firm will be compensated at a fixed fee of $9,000 plus
reimbursement for expenses incurred.
     
The firm will also require a retainer in the amount of $6,750 upon
commencement of its services.

Norm Tamkin, a member at Holthouse Carlin & Van Trigt, disclosed in
a court filing that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Norm Tamkin
     Holthouse Carlin & Van Trigt LLP
     15760 Ventura Blvd., Suite 1700
     Encino, CA 91436
     Telephone: (818) 849-3151
     Email: Norm.Tamkin@hcvt.com

               About Starbridge (Ontario) Investment

Starbridge owns and operates the Ontario Airport Hotel & Conference
Center.

Starbridge (Ontario) Investment, LLC filed its voluntary petition
for relief under Chapter 11 of the Bankruptcy Code (Bankr. C.D.
Cal. Case No. 24-11765) on April 3, 2024, listing $10 million to
$50 million in both assets and liabilities. The petition was signed
by Jianhua Jin, Chief Executive Officer of Morgan Holding Group,
Inc., as Manager of Starbridge (Ontario) Investment, LLC.

Judge Magdalena Reyes Bordeaux presides over the case.

The Debtor tapped Jullian Sekona, Esq., at Keller Benvenutti Kim
LLP as counsel and Norm Tamkin at Holthouse Carlin & Van Trigt LLP
as tax advisor.


STEWARD HEALTH: Lawmakers Try to Stop REITs from Owning Hospitals
-----------------------------------------------------------------
Sri Taylor and Brooke Sutherland of Bloomberg Law report the
collapse of Steward Health Care System has Massachusetts lawmakers
pointing fingers at the hospital operator's landlord and other
companies like it. Real estate experts say their proposed fixes
miss the mark.

A sweeping health-care oversight bill that passed the state House
of Representatives with almost unanimous support includes a
provision that would ban hospitals from leasing their main campuses
from real estate investment trusts, known as REITs. Other types of
landlords would still be allowed to own hospitals and existing
leases with REITs can continue. The crackdown would be among the
first of its kind in the US.

                    About Steward Health Care

Steward Health Care System LLC owns and operates the largest
private physician-owned for-profit healthcare network in the U.S.
Headquartered in Dallas, Texas, Steward's operations include 31
hospitals in eight states, approximately 400 facility locations,
4,500 primary and specialty care physicians, 3,600 staffed beds,
and nearly 30,000 employees. Steward Health Care provides care to
more than two million patients annually.

Steward and 166 affiliated debtors filed a Chapter 11 petitions
(Bankr. S.D. Tex. Lead Case No. 24-90213) on May 6, 2024, in the
U.S. Bankruptcy Court for the Southern District of Texas, and the
Honorable Christopher M. Lopez oversees the proceeding.

Judge Christopher Lopez oversees the case.

Weil, Gotshal & Manges LLP is serving as the Company's legal
counsel. AlixPartners, LLP is providing financial advisory services
to the Company, and John Castellano of AlixPartners is serving as
the Company's Chief Restructuring Officer. Lazard Freres & Co.
LLC,
Leerink Partners LLC, and Cain Brothers, a division of KeyBanc
Capital Markets Inc. are providing investment banking services to
the Company. McDermott Will & Emery is special corporate and
regulatory counsel for the company. Kroll is the claims agent.


STEWARD HEALTH: Pays Rent Amid Bankruptcy, Healthcare Realty Says
-----------------------------------------------------------------
Healthcare Realty Trust Incorporated provided a second quarter
update on its operational and capital allocation momentum.

Steward Health has paid substantially all rent owed for June and
July. In the second quarter, Healthcare Realty expects to reserve
approximately $3 million of unpaid pre-bankruptcy rent, which
includes a portion of March, all of April, and the first five days
of May. Rent owed for May following Steward's bankruptcy filing on
May 6 is expected to be paid as part of the outcome of the
bankruptcy process.

OPERATIONAL MOMENTUM

In the second quarter, new signed leases totaled 432,000 square
feet, the fourth consecutive quarter above 400,000. Multi-tenant
absorption in the second quarter was 122,000 square feet. Combined
with the first quarter, multi-tenant absorption for the first half
of the year was 183,000 square feet, which was above the guidance
range of 90,000 to 140,000 square feet provided in the Company's
Multi-tenant Occupancy and NOI Bridge. Over the last three
quarters, multi-tenant occupancy has increased 371,000 square feet,
representing approximately 110 basis points of positive
absorption.

CAPITAL ALLOCATION MOMENTUM

As previously disclosed, Healthcare Realty has generated
approximately $400 million of proceeds from joint venture (JV) and
asset sale transactions year-to-date. The Company also has
additional asset sales and JV transactions under contract or LOI
that are now expected to increase proceeds to over $1 billion. This
includes expected proceeds from asset contributions to the
Company's KKR and Nuveen Real Estate JVs. The majority of these
transactions are expected to be completed in the third quarter, and
proceeds will fund accretive, leverage neutral share repurchases
and existing capital commitments.

To date, the Company has repurchased 18.0 million shares of its
common stock for $286 million at an average price of $15.85 per
share. The Company expects the weighted average shares outstanding
for the second quarter to be approximately 376.7 million shares, a
reduction of 6.7 million shares compared to the first quarter.

"We are making meaningful progress on our capital allocation and
operating priorities. We continue to see strong leasing momentum
and occupancy gains," stated Todd Meredith, President and CEO.
"Looking ahead, we expect this progress to lead to improved
dividend coverage and accelerated FFO growth."


                      About Healthcare Realty

Healthcare Realty is a real estate investment trust (REIT) that
owns and operates medical outpatient buildings primarily located
around market-leading hospital campuses. The Company selectively
grows its portfolio through property acquisition and development.
As the first and largest REIT to specialize in medical outpatient
buildings, Healthcare Realty's portfolio includes nearly 700
properties totaling over 40 million square feet concentrated in 15
growth markets. Additional information regarding the Company can be
found at www.healthcarerealty.com.

                     About Steward Health Care

Steward Health Care System LLC owns and operates the largest
private physician-owned for-profit healthcare network in the U.S.
Headquartered in Dallas, Texas, Steward's operations include 31
hospitals in eight states, approximately 400 facility locations,
4,500 primary and specialty care physicians, 3,600 staffed beds,
and nearly 30,000 employees. Steward Health Care provides care to
more than two million patients annually.

Steward and 166 affiliated debtors filed chapter 11 petitions
(Bankr. S.D. Texas Lead Case No. 24-90213) on May 6, 2024, in the
U.S. Bankruptcy Court for the Southern District of Texas, and the
Honorable Christopher M. Lopez oversees the proceeding.

Weil, Gotshal & Manges LLP is serving as the Company's legal
counsel. AlixPartners, LLP is providing financial advisory services
to the Company, and John Castellano of AlixPartners is serving as
the Company's Chief Restructuring Officer. Lazard Freres & Co. LLC,
Leerink Partners LLC, and Cain Brothers, a division of KeyBanc
Capital Markets Inc. are providing investment banking services to
the Company. McDermott Will & Emery is special corporate and
regulatory counsel for the company. Kroll is the claims agent.


SYEDE ENTERPRISES: Sec. 341(a) Meeting of Creditors on Aug. 7
-------------------------------------------------------------
Syede Enterprises Inc. filed Chapter 11 protection in the Southern
District of Texas.  According to court documents, the Debtor
reports $1,434,215 in debt owed to 1 and 49 creditors.  The
petition states funds will be available to unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
August 7, 2024 at 10:00 AM, US Trustee Houston Teleconference.

                    About Syede Enterprises

Syede Enterprises Inc. is a Single Asset Real Estate debtor (as
defined in 11 U.S.C. Section 101(51B)). The Debtor owns real
property in Bayton, Texas valued at $5.57 million.

Syede Enterprises sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Tex. Case No. 24-33114) on July 1,
2024. In the petition filed by Ghyasuddin Syed, as president, the
Debtor reports total assets of $5,572,398 and total liabilities of
$1,434,215.

The Honorable Bankruptcy Judge Eduardo V. Rodriguez oversees the
case.

The Debtor is represented by:

     Samuel L. Milledge, Esq.
     MILLEDGE LAW GROUP, P.C.
     1235 North Loop West, Ste. 725
     Houston TX 77008
     Tel: (713) 812-1409
     Fax: (713) 812-1418
     Email: milledge@milledgelawfirm.com


SYNAPSE FINANCIAL: Data Fight w/ MongoDB Could Hit Payouts
----------------------------------------------------------
Jonathan Randles of Bloomberg News reports that a new dispute
between fintech middleman Synapse Financial Technologies Inc. and
its database provider is threatening efforts by independent
advisers to return money to millions of customers who have been cut
off from their money for weeks.

Former Federal Deposit Insurance Corp. Chair Jelena McWilliams, who
was brought in to unwind Synapse after the company filed Chapter
11, said Wednesday during a bankruptcy hearing that database
provider MongoDB Inc. has indicated it could soon delete a cache of
Synapse data.

             About Synapse Financial Technologies

Headquartered in San Francisco, California, Synapse Financial
Technologies, Inc. -- https://synapsefi.com/ -- is a
banking-as-a-service platform for embedded finance solutions
worldwide.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. C.D. Cal. Case No. 24-10646) on April 22, 2024. In the
petition signed by Sankaet Pathak, chief executive officer, the
Debtor disclosed up to $50 million in assets and liabilities.

Judge Martin R. Barash oversees the case.

Ron Bender, Esq., at Levene, Neale, Bender, Yoo & Golubchik L.L.P.,
is the Debtor's legal counsel.


SYNAPSE FINANCIAL: Senators Want Partners to Free Customer Deposits
-------------------------------------------------------------------
Aislinn Keely of Law360 reports that a group of Democratic senators
led by banking committee chair Sherrod Brown, D-Ohio, called on the
owners and banking partners of bankrupt fintech intermediary
Synapse Financial Technologies to restore customers' access to
their deposits.

               About Synapse Financial Technologies

Headquartered in San Francisco, California, Synapse Financial
Technologies, Inc. -- https://synapsefi.com/ -- is a
banking-as-a-service platform for embedded finance solutions
worldwide.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. C.D. Cal. Case No. 24-10646) on April 22, 2024.  In
the petition signed by Sankaet Pathak, chief executive officer, the
Debtor disclosed up to $50 million in assets and liabilities.

Judge Martin R. Barash oversees the case.

Ron Bender, Esq., at Levene, Neale, Bender, Yoo & Golubchik L.L.P.,
is the Debtor's legal counsel.


TAKEOFF TECHNOLOGIES: Wants Alter Loan to Stop Liquidation
----------------------------------------------------------
Ben Zigerman of Law360 Bankruptcy Authority reports that bankrupt
grocery automation company Takeoff Technologies was unable to reach
a deal with creditors to transfer a software license and instead
plans to remove the transfer from its debtor-in-possession loan, in
a bid to avoid a conversion to a Chapter 7 liquidation.

                 About Takeoff Technologies

Founded in 2016 by a group of former grocery executives, Takeoff
Technologies, Inc. and its affiliates operate one of the leadingThe
U.S. Trustee for Region 3 appointed an official committee to
represent unsecured creditors in the Chapter 11 cases of Takeoff
Technologies, Inc. and its affiliates. eGrocery, micro-fulfillment
solution companies in the world. The Debtors' business model
centers around the sale, subsequent maintenance, and support of
the
equipment and software needed to operate micro-fulfillment centers
-- i.e. small, automated, robotic warehouses called
micro-fulfillment centers, either placed in grocery stores or near
the end-shoppers.

The Debtors filed Chapter 11 petition (Bankr. D. Del. Lead Case No.
24-11106) on May 30, 2024. At the time of the filing, Takeoff
Technologies reported $50 million to $100 million in assets and $10
million to $50 million in liabilities.

Judge Craig T. Goldblatt oversees the cases.

The Debtors tapped Sheppard, Mullin, Richter & Hampton, LLP as lead
bankruptcy counsel; Young Conaway Stargatt & Taylor, LLP as local
bankruptcy counsel; Huron Transaction Advisory, LLC as investment
banker; and Huron Consulting Services, LLC as financial and
restructuring advisor. John C. Didonato and Brett M. Anderson of
Huron Consulting Services serve as the Debtors' chief
restructuring
officer and deputy chief restructuring officer, respectively. Kroll
Restructuring Administration LLC is the Debtors' claims and
noticing agent.

The U.S. Trustee for Region 3 appointed an official committee to
represent unsecured creditors in the Debtors' Chapter 11 cases.
The committee tapped Kilpatrick Townsend & Stockton, LLP and Ashby
& Geddes, P.A., as legal counsels; and Dundon Advisers, LLC as
financial advisor.


TALEN ENERGY: Pays 2 Former V&E Lawyers About $19 Million
---------------------------------------------------------
Brian Baxter of Bloomberg Law reports that Talen Energy Corp. paid
more than $18.7 million in total compensation last year, 2023, to
Andrew Wright and John Wander, both of whom once worked at Vinson &
Elkins, the power producer disclosed in a filing.

Wright earned about $9.8 million last year in a role overseeing the
human resources, information technology, facilities and corporate
security functions, according to an S-1 filing. Wander, who
oversees all legal matters at Talen, received nearly $9 million
during fiscal 2023, the document shows.

The bulk of both lawyers' total compensation comes from stock
awards in Talen valued at more than $7 million for each executive
that vest over a three-year period. Wright received a $586,600
bonus, and Wander received one valued at $250,000, both of which
were tied to the resolution last year of bankruptcy proceedings
involving the company and agreed upon by its creditors.

Houston-based Talen, spun-off in 2015 from energy giant PPL Corp.,
is one of North America's largest power generation and
infrastructure companies. Talen and its energy supply unit emerged
from Chapter 11 in May 2023.

The company, which until last year was backed by private equity
firm Riverstone Holdings LLC, declined to comment.

Wright left Vinson in 2004 to join Dallas-based electric utility
Energy Future Holdings Corp., where he held several roles,
including general counsel, before joining Talen some 14 years
later. He spent five years as Talen’s general counsel before
becoming its chief administrative officer in June 2023.

Wander joined Talen as general counsel and corporate secretary that
same month after almost three decades at Vinson, where he was a
member of the prominent Texas law firm's management committee, head
of its Dallas office, and co-head of the litigation and regulatory
practice. Wander was also general counsel for Vinson, which last
year named Vanessa Griffith to succeed him.

Talen recruited Wander from Vinson after he "worked on some of the
firm's most high-profile, high-stakes litigation matters,"
according to its filing.

During his roughly 30 years in private practice, all of which was
spent at Vinson, Wander was a commercial litigator handling cases
related to accounting, finance, and shareholder issues on behalf of
clients in the energy, insurance, manufacturing, securities, and
accounting industries, Talen said in the filing.

The company has turned to Vinson to handle more than 6% of its
caseload in US federal courts within the last three years,
according to Bloomberg Law data. Kirkland & Ellis recently
counseled Talen on its $785 million sale of three natural gas
plants in Texas to CPS Energy, which was advised by Dykema.

                    About Talen Energy Corp.

Allentown, Pennsylvania-based Talen Energy Corp. is an independent
power producer founded in 2015. Riverstone Holdings LLC completed
its acquisition of the remaining 65% stake of Talen Energy in 2016
for $5.2 billion.

Talen Energy Corporation, through subsidiary Talen Energy Supply
LLC, is one of the largest competitive power generation and
infrastructure companies in North America. Through subsidiary
Cumulus Growth, TEC is developing a large-scale portfolio of
renewable energy, battery storage, and digital infrastructure
assets across its expansive footprint. On the Web:
https://www.talenenergy.com/

TES owns and/or controls approximately 13,000 Megawatts of
generating capacity in wholesale U.S. power markets, principally in
the Mid-Atlantic, Texas and Montana. Woodlands, Texas-based TES
runs 18 power generation facilities, at eight of which rely on
natural gas to make electricity.

Talen Energy Supply, LLC, and 71 affiliates sought Chapter 11
protection (Bankr. S.D. Tex. Lead Case No. 22-90054) on May 9,
2022. The Hon. Marvin Isgur is the case judge.

Talen Energy Corporation (TEC), its Cumulus Growth subsidiary, and
TES' LMBE subsidiaries are excluded from the in-court process.

TES has retained Weil Gotshal & Manges LLP as its legal advisor,
Evercore as its investment banker and Alvarez & Marsal as its
financial advisor for its restructuring.  Kroll is the claims
agent.

TEC is represented by PJT Partners as financial advisors and Vinson
& Elkins as legal counsel.

Cumulus Growth is represented by Ardea Partners and DH Capital as
its investment bankers, and Gibson Dunn as legal counsel.  

The Consenting Noteholders are represented by Kirkland & Ellis LLP
and Rothschild & Co US Inc.


TECHPRECISION CORP: Closes $2.3 Million Private Placement
---------------------------------------------------------
TechPrecision Corporation announced July 8, 2024, that it has
entered into a securities purchase agreement with certain
accredited investors for the purchase of 666,100 shares of its
common stock and warrants to purchase up to an aggregate of 666,100
shares of common stock, in a private placement.  The combined
purchase price for one share of common stock and a warrant to
purchase one share of common stock was $3.45.  The warrants have an
exercise price of $4.00 per share, will be exercisable beginning
six months after issuance, and will expire five years from the
issuance date.

Wellington Shields & Co. LLC acted as the exclusive placement agent
for the private offering.

The gross proceeds from the private placement offering were
approximately $2.3 million.  The private offering closed on July 8,
2024.

The securities described above were offered in a private placement
under Section 4(a)(2) of the Securities Act of 1933, as amended,
and Regulation D promulgated thereunder, and have not been
registered under the Act or applicable state securities laws.
Accordingly, the securities may not be offered or sold in the
United States except pursuant to an effective registration
statement or an applicable exemption from the registration
requirements of the Act and such applicable state securities laws.

Under an agreement with the investors, the Company is required to
file an initial registration statement with the Securities and
Exchange Commission covering the resale of the shares of common
stock issued to the investors, the warrants issued to the investors
and the shares of common stock underlying the warrants described
above within 30 calendar days and to use its best efforts to have
the registration statement declared effective as promptly as
practical thereafter, and in any event no later than 60 days
following the closing date.

                     About TechPrecision Corporation

TechPrecision Corporation, through its wholly-owned subsidiaries,
Ranor, Inc., and Stadco, manufactures large-scale, metal fabricated
and machined precision components and equipment.  These products
are used predominantly in the defense, aerospace, and precision
industrial markets.  TechPrecision's goal is to be an end-to-end
service provider to its customers by furnishing customized
solutions for completed products requiring custom fabrication and
machining, assembly, inspection, and testing.

Techprecision said in its Quarterly Report for the period ended
Dec. 31, 2023, that "The Company is exploring various means of
strengthening its liquidity position and ensuring compliance with
its debt financing covenants, amending our facility, renewing our
revolver loan, or entering into one or more alternative
facilities.

"In order for us to continue operations beyond the next twelve
months from the date of issuance of the financial statements and to
be able to discharge our liabilities and commitments in the normal
course of business, we must renew our revolver loan by March 20,
2024 and mitigate our recurring operating losses at our Stadco
subsidiary.  We must efficiently increase utilization of our
manufacturing capacity at our Stadco subsidiary and improve the
manufacturing process.  We plan to closely monitor our expenses
and, if required, will reduce operating costs to enhance
liquidity.

"The uncertainty associated with the recurring operating losses at
Stadco, the revolver loan renewal, the need for alternative
financing, compliance with debt covenants, and the expected debt
covenant violation at subsequent compliance dates raise substantial
doubt about our ability to continue as a going concern for at least
one year after the date the condensed consolidated financial
statements included in this Quarterly Report on Form 10-Q are
issued."


TECHPRECISION CORP: Delays Filing of FY 2024 Annual Report
----------------------------------------------------------
TechPrecision Corporation announced unaudited preliminary Q4 2024
financial information and disclosed it had filed Form 12b-25 with
the Securities and Exchange Commission for a 15-day extension to
timely file their Form 10-K for the fiscal year ended March 31,
2024.

The unaudited preliminary financial information for the three
months ended March 31, 2024 is as follows:

Ranor, Inc., had net sales of $4,529,227 with net income of
$246,822.  STADCO had net sales of $5,015,478 with net income of
$379,446.  TechPrecision had no revenue and approximately $400,000
of recurring expenses as well as approximately $1,000,000 of
one-time cash expenses arising from the terminated acquisition of
Votaw Precision Technologies, Inc.(1)

1 Expenses do not include the one-time non-cash expense from the
previously reported issuance of shares to Doerfer Corporation in
connection with the termination fee payable in the Company's common
stock for the failed Votaw acquisition.

Extension to File Annual Report for FY 2024

The Company filed a Form 12b-25 informing the SEC that it is unable
to file its Annual Report on Form 10-K for the fiscal year ended
March 31, 2024 within the prescribed period of time because the
Company had not received the necessary information from Stadco to
complete the financial statement close process in a timely manner,
due to continuing issues integrating Stadco's financial reporting
processes and procedures into the Company's larger financial
reporting structure.

The Company intends to file the FY 2024 10-K on or before the
fifteenth calendar day following the due date for the FY 2024 10-K
as prescribed by Form 12b-25.  Although the Company is working
diligently on resolving the issues related to the integration of
Stadco's financial reporting processes and procedures, there can be
no guarantee that these issues will not affect future financial
reporting periods.

                      About TechPrecision Corporation

TechPrecision Corporation, through its wholly-owned subsidiaries,
Ranor, Inc., and Stadco, manufactures large-scale, metal fabricated
and machined precision components and equipment.  These products
are used predominantly in the defense, aerospace, and precision
industrial markets.  TechPrecision's goal is to be an end-to-end
service provider to its customers by furnishing customized
solutions for completed products requiring custom fabrication and
machining, assembly, inspection, and testing.

Techprecision said in its Quarterly Report for the period ended
Dec. 31, 2023, that "The Company is exploring various means of
strengthening its liquidity position and ensuring compliance with
its debt financing covenants, amending our facility, renewing our
revolver loan, or entering into one or more alternative
facilities.

"In order for us to continue operations beyond the next twelve
months from the date of issuance of the financial statements and to
be able to discharge our liabilities and commitments in the normal
course of business, we must renew our revolver loan by March 20,
2024 and mitigate our recurring operating losses at our Stadco
subsidiary.  We must efficiently increase utilization of our
manufacturing capacity at our Stadco subsidiary and improve the
manufacturing process.  We plan to closely monitor our expenses
and, if required, will reduce operating costs to enhance
liquidity.

"The uncertainty associated with the recurring operating losses at
Stadco, the revolver loan renewal, the need for alternative
financing, compliance with debt covenants, and the expected debt
covenant violation at subsequent compliance dates raise substantial
doubt about our ability to continue as a going concern for at least
one year after the date the condensed consolidated financial
statements included in this Quarterly Report on Form 10-Q are
issued."


TEHUM CARE SERVICES: Claimants Lose Bankruptcy Ruling Appeal Bid
----------------------------------------------------------------
Randi Love of Bloomberg Law reports that distressed prison medical
provider Tehum Care Services Inc. defeated an effort by personal
injury claimants to pursue an immediate appeal of a bankruptcy
court's decision letting the company's Chapter 11 case proceed.

The claimants, who are current and former prisoners, asked the US
District Court for the Southern District of Texas for leave to
appeal a ruling rejecting their request to dismiss the bankruptcy
and send the matter directly to the US Court of Appeals for the
Fifth Circuit.

                   About Tehum Care Services

Tehum Care Services Inc., doing business as Corizon Health Services
Inc., is a privately held prison healthcare contractor in the
United States. It is based in Brentwood, Tenn.

Tehum Care Services filed a petition for relief under Chapter 11 of
the Bankruptcy Code (Bankr. S.D. Tex. Case No. 23-90086) on Feb.
13, 2023. In the petition filed by Russell A. Perry, as chief
restructuring officer, the Debtor reported assets between $1
million and $10 million and liabilities between $10 million and $50
million.

Judge Christopher M. Lopez oversees the case.

The Debtor tapped Gray Reed & McGraw, LLP as bankruptcy counsel;
Bradley Arant Boult Cummings, LLP, as special litigation counsel;
and Ankura Consulting Group, LLC, as financial advisor. Russell A.
erry, senior managing director at Ankura, serves as the Debtor's
chief restructuring officer. Kurtzman Carson Consultants, LLC, is
the claims, noticing and solicitation agent.

The U.S. Trustee for Region 7 appointed an official committee to
represent unsecured creditors in the Debtor's Chapter 11 case.
Stinson, LLP and Dundon Advisers, LLC, serve as the committee's
legal counsel and financial advisor, respectively.


TELESAT CORP: Creditors Want to Begin 2026 Debt Maturities Talks
----------------------------------------------------------------
Reshmi Basu of Bloomberg News reports that a group of creditors to
Telesat Corp. is seeking to open a discussion with the Canadian
satellite company over how it will repay debt due in 2026,
according to people with knowledge of the situation.

The group holds more than 75% of the company's term loan and around
35% of its secured notes, said the people, who asked not to be
identified discussing a private matter.

The group is plotting its next steps, with lenders planning to
engage other stakeholders, including the Canadian government, the
people said.

                       About Telesat Corp.

Telesat Corp is a fixed-satellite services company.


THERATECHNOLOGIES INC: Swings to $987K Net Profit in Second Quarter
-------------------------------------------------------------------
Theratechnologies Inc. reported July 10, 2024, business highlights
and financial results for the second quarter of fiscal year 2024
ended May 31, 2024 (Q2 2024).

Theratechnologies reported net profit of $987,000 on $22.02 million
of revenue for the three months ended May 31, 2024, compared to a
net loss of $10.01 million on $17.55 million of revenue for the
three months ended May 31, 2023.

For the six months ended May 31, 2024, the Company reported a net
loss of $3.49 million on $38.26 million of revenue, compared to a
net loss of $20.46 million on $37.46 million of revenue for the six
months ended May 31, 2023.

As of May 31, 2024, the Company had $70.21 million in total assets,
$93.42 million in total liabilities, and a total deficit of $23.21
million.

Management Comments

"I am pleased to wrap up this very strong second quarter with $22
million in revenue, $1 million in net income and $5.5 million in
Adjusted EBITDA," said Paul Levesque, president and chief executive
officer at Theratechnologies.  "At this halfway mark of our fiscal
year, we can reaffirm our full year 2024 guidance of revenues
between $87 and $90 million and an Adjusted EBITDA in the range of
$13 to $15 million.  EGRIFTA SV remains our priority brand, with
key performance metrics showing consistent growth and continued
strong gross margins.  Moving forward we expect sales to align with
patient demand, now that inventory levels have returned to normal.
We continue to demonstrate strength on the bottom-line with our
fourth straight quarter of near-flat-to-positive Adjusted EBITDA.
In fact, for the first time in the Company's recent history, we
recorded a positive net income marking the beginning of a new and
profitable journey for Theratechnologies.

"Regarding our pipeline, we are still addressing questions from the
FDA on the tesamorelin F8 sBLA following our Type A meeting earlier
this year.  The FDA has confirmed a four-month review.  In
oncology, we continue to be focused on generating results from Part
3 of our Phase 1 clinical trial of sudocetaxel zendusortide in
advanced ovarian cancer.  I am pleased to confirm that we have
fully recruited for the second cohort of the study, with six
patients already having completed the first treatment cycle at the
higher dose of 2.5 mg/kg and evaluable for safety.  In parallel, we
have advanced three additional peptide-drug conjugates (PDCs) using
the same payloads as antibody-drug conjugate (ADC) technology, such
as exatecan.  We continue to engage with interested parties to
further fund the development of our lead PDC candidate and SORT1+
Technology platform."

Liquidity and Going Concern

Theratechnologies said, "As of the issuance date of the Interim
Financial Statements, the Company expects that its existing cash
and cash equivalents as of May 31, 2024, together with cash
generated from its existing operations will be sufficient to fund
its operating expenses and debt obligations requirements for at
least the next 12 months from the issuance date of the Interim
Financial Statements.  Considering the recent actions of the
Company, material uncertainty that raised substantial doubt about
the Company's ability to continue as a going concern was alleviated
effective from these second quarter interim financial statements.

"In an effort to reach sustainable profitability, the Company has
undertaken a number of measures to rationalize its operations,
including a decrease in research and development expenses and has
established a new operating structure focused on its commercial
business...For the three-month ended May 31, 2024, the Company
generated a net profit of $987,000 (2023-net loss of $10,013,000)
and had negative cash flows from operating activities of $290,000
(2023- negative $3,562,000).  As at May 31, 2024, cash, bonds and
money market funds amounted to $36,028,000.

"The Company's Loan Facility contains various covenants, including
minimum liquidity covenants whereby the Company needs to maintain
significant cash, cash equivalent and eligible short-term
investments balances in specified accounts, which restricts the
management of the Company's liquidity...As at May 31, 2024, the
material covenants of the Marathon Credit Agreement, as amended,
include: (i) minimum liquidity requirements to be between
$15,000,000 and $20,000,000, based on the Marathon adjusted EBITDA
(as defined in the Marathon Credit Agreement, the "Marathon
Adjusted EBITDA") targets over the most recently ended four fiscal
quarters; and, (ii) minimum Marathon Adjusted EBITDA targets over
the most recently ended four fiscal quarters.  The breach of a
covenant provides the lender with the ability to demand immediate
repayment of the Loan Facility and makes available to the lender
the collateralized assets, which includes substantially all cash,
cash equivalents and money market funds which are subject to
control agreements.  The Company does not currently have other
committed sources of financing available to it.

"The Company's ability to continue as a going concern for a period
of at least, but not limited to, 12 months from May 31, 2024,
involves significant judgement and is dependent on the adherence to
the conditions of the Marathon Credit Agreement or to obtain the
support of the lender (including possible waivers and amendments,
if necessary), on increasing its EGRIFTA SV revenues and the
continuing management of its expenses in order to meet or exceed
the Marathon Adjusted EBITDA target and generate sufficient
positive operating cash flows.

"The Interim Financial Statements have been prepared assuming the
Company will continue as a going concern, which assumes the Company
will continue its operations in the foreseeable future and will be
able to realize its assets and discharge its liabilities and
commitments in the normal course of business."


A full-text copy of the Form 6-K as filed with the Securities and
Exchange Commission is available for free at:

https://www.sec.gov/Archives/edgar/data/1512717/000119312524177036/d857749dex991.htm

                   About Theratechnologies

Theratechnologies (TSX: TH) (NASDAQ: THTX) --
http://www.theratech.com/-- is a biopharmaceutical company focused
on the development and commercialization of innovative therapies
addressing unmet medical needs. The Company currently
commercializes two approved products for people living with HIV,
namely: EGRIFTA SV and Trogarzo.  In addition to the sale of its
products, the Company is conducting research and development
activities and it has a pipeline of investigational medicines in
the areas of oncology and NASH.

Montreal, Canada-based KPMG LLP, the Company's auditor since 1993,
issued a "going concern" qualification in its report dated Feb. 20,
2024, citing that the Company has incurred net losses and negative
cash flows from operating activities. The Company's Loan Facility
contains various covenants, including minimum liquidity covenants.
There is material uncertainty related to events or conditions that
cast substantial doubt about its ability to continue as a going
concern.



TINA MARSHALL DDS: Commences Subchapter V Bankruptcy Proceeding
---------------------------------------------------------------
On June 17, 2024, Tina Marshall D.D.S. P.C. filed Chapter 11
protection in Eastern District of Michigan. According to court
documents, the Debtor reports between $1 million and $10 million in
debt owed to 50 and 99 creditors. The petition states funds will be
available to unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 17, 2024 at 11:00 a.m. in Room Telephonically.

         About Tina Marshall D.D.S. P.C.

Tina Marshall D.D.S. P.C. is a full-service dentistry practice with
locations in Lake Orion and Clinton Township, Michigan, offering
general and cosmetic dentistry services.

Tina Marshall D.D.S. P.C. sought relief under Subchapter V of
Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Mich. Case No.
24-45906) on June 17, 2024. In the petition signed by Dr. Marisa
Oleski, D.M.D., as shareholder, the Debtor reports estimated assets
between $100,000 and $500,000 and estimated liabilities between $1
million and $10 million.

Honorable Bankruptcy Judge Maria L. Oxholm handles the case.

The Debtor is represented by:

     Elliot G. Crowder, Esq.
     STEVENSON & BULLOCK, P.L.C.
     26100 American Drive
     Suite 500
     Southfield, MI 48034
     Tel: (248) 354-7906 Ext. 2254
     Email: ecrowder@sbplclaw.com


TITAN INTERNATIONAL: Moody's Alters Outlook on 'B1' CFR to Stable
-----------------------------------------------------------------
Moody's Ratings affirmed the ratings of Titan International, Inc.
(Titan), including the B1 corporate family rating, the B1-PD
probability of default rating and the B1 senior secured rating. At
the same time, Moody's changed the outlook to stable from positive.
Titan's speculative grade liquidity rating (SGL) was unchanged at
SGL-2.

The affirmations and change in outlook to stable reflect Moody's
expectation for weaker operating results as demand for agriculture
and construction equipment will remain constrained into 2025. High
interest rates, moderating commodity prices and geopolitical
tensions are weighing on new equipment spending. The mostly equity
financed acquisition of Carlstar Group LLC (Carlstar) in February
2024 should lessen the impact from the current downturn as it
enhances Titan's aftermarket exposure and consumer focus with
strong market positions in outdoor power equipment, power sports
and high-speed trailers. These smaller tire channels should
complement Titan's core offering of larger tires for tractors and
combines. Nonetheless, market conditions could accelerate to the
downside and/or extend further into 2025.

RATINGS RATIONALE

Titan's ratings reflect the company's solid competitive position as
a tire and wheel supplier to leading agriculture and construction
equipment manufacturers, good profitability and moderate financial
leverage. Titan's operating results are heavily dependent on demand
for new farm and construction equipment.  Though currently in the
midst of a downcycle, demand for agriculture equipment is supported
by elevated commodity prices, aging equipment fleets and the need
for technologically advanced equipment to offset increasingly
challenging farming conditions. In response to the market downturn,
Titan's agriculture customers have scaled back production and
inventories in response to the weaker demand.  Earthmoving and
construction equipment markets are more mixed with solid demand in
mining but construction activity slower except for pockets of
infrastructure and onshoring spending.  

This current downcycle is testing Titan's structural cost saving
initiatives that were implemented in an attempt to limit the
erosion in earnings when production volume declines.  Accordingly,
Moody's expect the EBITA margin to fall below 5% in 2024, down from
over 7% in 2023, before rebounding in 2025.  Titan's increasing
exposure to aftermarket revenues, boosted by Carlstar, should prove
beneficial in a weaker demand environment as equipment owners look
to update used equipment.  Longer term, demand for new equipment is
supported by aging fleets of equipment, rising global food
consumption, a need for higher per capita grain output for
livestock consumption and increasing necessity for global
infrastructure spending.

The stable outlook reflects Moody's expectations that the
deterioration in core market fundamentals won't significantly
worsen and that Titan will be able to flex its cost structure to
help absorb inefficiencies from lower volumes.  The stable outlook
is also supported by expectations for solidly positive free cash
flow and maintenance of good liquidity even if demand for new farm
and construction equipment remains subdued for an extended period.

Titan's SGL-2 rating reflects Moody's expectation that the company
will maintain a cash position of around $250 million ($204 million
at March 31, 2024) and increasing availability ($67 million at Q1
2024) under its recently upsized $225 million asset-based lending
(ABL) facility. Moody's expect free cash flow to fall sharply from
recent years but remain solidly positive, near $50 million, as
Titan maintains disciplined working capital management and capital
investment spending.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

The ratings could be upgraded if Moody's expect Titan to sustain
operational efficiencies to support an EBITA margin in excess of
7%, debt-to-EBITDA below 4x even during a downturn in its cyclical
end markets and EBITA-to-interest above 4x. In addition, Moody's
would expect Titan to maintain good liquidity with consistently
positive free cash flow.

The ratings could be downgraded if Titan's EBITA margin remains
below 5% from lower production volumes or an inability to maintain
structural cost improvements. The ratings could also be downgraded
if Titan engages in a more aggressive financial policy of debt
funded acquisitions or shareholder returns that result in
debt-to-EBITDA approaching 5.5x. Weakening liquidity, including the
inability to increase availability under its ABL or free cash flow
falling towards breakeven, could also lead to a ratings downgrade.

The principal methodology used in these ratings was Manufacturing
published in September 2021.

Titan International, Inc. is a manufacturer of wheels, tires,
assemblies and undercarriage products for off-highway vehicles. The
company serves end markets in the agricultural,
earthmoving/construction and consumer industries. Titan sells its
products directly to original equipment manufacturers as well as in
the aftermarket through independent distributors, equipment dealers
and distributions centers. Tires are sold  primarily under the
Titan and Goodyear brand names. Revenue for the twelve months ended
March 31, 2024 was approximately $2 billion.


TONY'S EXPRESS: California-Based Carrier Enters Chapter 11
----------------------------------------------------------
Clarissa Hawes of Freight Waves reports that less-than-truckload
carrier Tony's Express of Fontana, California, has filed for
bankruptcy protection, nearly three months after it abruptly ceased
operations by notifying around 200 truck drivers, warehouse workers
and office personnel via text message that they no longer had
jobs.

John H. Ohle, president and sole shareholder of Tony's Express,
bought the company in May 2023 from brothers Anthony "Tony" Raluy
and George Raluy. Their father started the business in 1954.

Less than a year after acquiring Tony's Express, Ohle shuttered
operations of the 70-year-old carrier by sending workers a text
message on March 28. The message, which was obtained by
FreightWaves, notified employees that the company was closing its
doors that day and could not cover the previous week's payroll or
workers’ paid time off.

"The current market just didn't support our ability to operate and
be a profitable company, and the cost of fuel in California made it
very difficult," Ohle told FreightWaves a few days after the
closure. "We were in very serious discussions with two different
companies about coming in and partnering or taking over Tony's, and
those fell apart at the very end, and literally, it was a
last-minute decision."

Drivers and workers did receive their final paychecks on April 29,
2024 but told FreighWaves that fees for health and life insurance,
which they no longer had, were deducted from their pay.

Tony's Express filed a Chapter 11 bankruptcy petition Friday in the
U.S. Bankruptcy Court for the Central District of California. The
company is filing its petition under subchapter V, which provides a
path for small businesses seeking to reorganize.

As of publication time, Ohle and his bankruptcy attorney, Eve H.
Karasik, had not responded to FreightWaves' request seeking
comment.

The filing for Tony's Express lists both its assets and liabilities
as up to $10 million. The company states that it has up to 199
creditors and that funds will be available for distribution to
unsecured creditors.

The company's top three creditors with unsecured claims are located
in California, including Y Trucking of Fontana, which is owed
$700,000. The company's address used in the filing is the same one
for Tony's Express. Royal Hawaiian Express of Fullerton is owed
more than $560,000, and Centerline Drivers LLC of Santa Ana is owed
nearly $354,000.

According to its petition, Tony's Express is disputing all of its
20 largest unsecured creditors' claims.

Ohle plans to restart Tony's as 'rental' truck trailer business.

On Tuesday, June 25, 2024, U.S. Bankruptcy Judge Vincent P. Zurzolo
granted Tony's Express' motion to extend the deadline to submit its
schedules of assets and liabilities as well as the company's
statement of financial affairs (SOFA) with the court.

In his motion to the judge seeking a deadline extension, Ohle
stated that he needed more time to file the schedules and SOFA
because he "has been addressing several critical issues, including
preparing the initial filing [and] negotiating DIP
[debtor-in-possession] financing with eCapital."

Ohle added that he is also "working on plans to restart [Tony's
Express] with a 'rental' business model for its fleet of over 250
trucktrailers."

The company has limited personnel, and Ohle is the only one
"handling bankruptcy matters alongside other commitments." The
motion also says Ohle's "financial situation is complex, including
a $1 million projected loss for 2023 and $4.5 million [to] $5
million in unsecured liabilities, which requires careful analysis
and reporting."

Zurzolo has set a creditors' meeting for July 12, 2024 and the
proof of claims deadline is scheduled for Aug. 29, 2024. A status
conference with the subchapter V trustee is set for Aug. 15, 2024
and Ohle must file a status report with the court by Aug. 1, 2024.

                          Name change

After shuttering Tony's Express, Ohle recently changed the
intrastate carrier's name to that of another business formerly
owned by the Raluys -- Economy Packaging Inc. -- and has moved the
business from Fontana to Pomona, California.

Founded in 1971 by the Raluys, the brothers describe Economy
Packaging as a packaging and household products storage facility,
according to the business entity search on the California secretary
of state's database.

However, the Raluys didn't update Economy Packaging's business
filing to add Ohle's name as the new owner or list him an officer
of the company — its last filing update was in September 2021,
although Anthony Raluy did update Tony's Express' business filing
to add Ohle as CEO, CFO and secretary of Tony's Express in April
2023.

The same month that Ohle acquired Tony's Express in May 2023, he
used the carrier's DOT number to open a small trucking firm and
brokerage in Joliet, Illinois. However, the Federal Motor Carrier
Safety Administration SAFER website shows that its common carrier
operating authority was involuntarily revoked on May 7, 2024.

The company's surety bond coverage for its brokerage was canceled
Saturday, the day after Tony's Express filed for bankruptcy.
According to FMCSA data, Tony's is "not authorized to operate as
[a] property broker."

While Economy Packaging has an active DOT number, the company
dismissed its application for property brokerage authority in
September 2003 based on FMCSA data.

The new address for Tony's Express, doing business as Economy
Packaging, is listed as the same one used by another warehouse,
transportation and distribution company that's headquartered in
Pomona.

                    About Tony's Express

Tony's Express is a 70-year-old California-based
less-than-truckload carrier.

Tony's Express sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. C.D. Cal. Case No. 24-14879) on June 20,
2024. In its petition, the Debtor reports estimated assets and
liabilities between $1 million and $10 million each.

The Honorable Bankruptcy Judge Vincent P. Zurzolo oversees the
case.

The Debtor is represented by:

     Eve H. Karasik, Esq.
     Levene, Neale, Bender, Yoo & Golubchik
     Monica Y Kim, Esq.
     Levene, Neale, Bender, Yoo & Brill L.L.P.


TONY'S EXPRESS: Hires Levene Neale Bender as Bankruptcy Counsel
---------------------------------------------------------------
Tony's Express, Inc. seeks approval from the U.S. Bankruptcy Court
for the Central District of California to employ Levene, Neale,
Bender, Yoo & Golubchik L.L.P. as general bankruptcy counsel.

The firm's services include:

     a. advising the Debtor with regard to the requirements of the
Bankruptcy Court, Bankruptcy Code, Bankruptcy Rules and the Office
of the United States Trustee as they pertain to the Debtor;

     b. advising the Debtor with regard to certain rights and
remedies of its bankruptcy estate and the rights, claims, and
interests of creditors;

     c. representing the Debtor in any proceeding or hearing in the
Bankruptcy Court involving its estate unless the Debtor is
represented in such proceeding or hearing by other special
counsel;

     d. conducting examinations of witnesses, claimants or adverse
parties and representing the Debtor in any adversary proceeding
except to the extent that any such adversary proceeding is in an
area outside of LNBYG's expertise or which is beyond LNBYG's
staffing capabilities;

     e. preparing and assisting the Debtor in the preparation of
reports, applications, pleadings and orders including, but not
limited to, applications to employ professionals, interim
statements and operating reports, initial filing requirements,
schedules and statement of financial affairs, lease pleadings, cash
collateral pleadings, financing pleadings, and pleadings with
respect to the Debtor's use, sale or lease of property outside the
ordinary course of business;

     f. representing the Debtor with regard to obtaining use of
debtor-in-possession financing and/or cash collateral including but
not limited to, negotiating and seeking Bankruptcy Court approval
of any debtor-in-possession financing and/or cash collateral
pleading or stipulation and preparing any pleadings relating to
obtaining use of debtor-in-possession financing and/or cash
collateral;

     g. assisting the Debtor in any asset sale process;

     h. assisting the Debtor in negotiation, formulation,
preparation and confirmation of a plan of reorganization and the
preparation and approval of a disclosure statement in respect of
the plan; and

     i. performing any other services which may be appropriate in
the firm's representation of the Debtor during its bankruptcy
case.

The firm will be paid at these rates:

     Attorneys           $495 to $725 per hour
     Paraprofessionals   $300 per hour

The firm held a retainer in the amount of $86,741.75 as of the
Petition Date.

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

Eve H. Karasik, a partner at Levene, Neale, Bender, Yoo & Golubchik
L.L.P.,, disclosed in a court filing that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The firm can be reached at:

     Eve H. Karasik, Esq.
     Levene, Neale, Bender, Yoo & Golubchik L.L.P.
     2818 La Cienega Avenue
     Los Angeles, CA 90034
     Tel: (310) 229-1234
     Fax: (310) 229-1244
     Email: ehk@lnbyg.com

              About Tony's Express, Inc.

Tony's Express, Inc. in Pomona, CA, filed its voluntary petition
for Chapter 11 protection (Bankr. C.D. Cal. Case No. 24-14879) on
June 20, 2024, listing as much as $1 million to $10 million in both
assets and liabilities. John H. Ohle as president, signed the
petition.

Judge Vincent P Zurzolo oversees the case.

LEVENE, NEALE, BENDER, YOO & GOLUBCHIK LLP serve as the Debtor's
legal counsel.


TOWER HEALTH: Fitch Affirms 'CCC' LongTerm Issuer Default Rating
----------------------------------------------------------------
Fitch Ratings has affirmed Tower Health System's (PA) Long-Term
Issuer Default Rating (IDR) at 'CCC'.

Fitch has also affirmed the following bonds issued by, or on behalf
of, Tower at 'CCC':

- The Berks County Municipal Authority (Reading Hospital & Medical
Center Project) series 2012A;

- The Berks County Industrial Development Authority revenue bonds
series 2017;

- The Berks County Municipal Authority fixed rate revenue bonds
series 2020A;

- The Berks County Municipal Authority fixed rate revenue put bonds
series 2020B-1, series 2020B-2; and series 2020B-3; and

- Tower Health taxable fixed rate revenue bonds series 2020.

Fitch does not typically assign Rating Outlooks for 'CCC' category
ratings.

   Entity/Debt              Rating           Prior
   -----------              ------           -----

Tower Health (PA)     LT IDR CCC  Affirmed   CCC

   Tower Health
   (PA) /General
   Revenues/1 LT      LT     CCC  Affirmed   CCC

Tower's 'CCC' rating reflects its unrestricted liquidity position,
which has weakened to $153 million (based on unaudited
three-quarter results through March 31, 2024). This has resulted in
a still weak cash-to-total debt ratio of 10%, and 30 days cash on
hand (DCOH; as calculated by Fitch).

While fiscal 2023 results showed a large operating loss of $182.1
million, or a negative 9.8% operating margin, and a negative 3.3%
operating EBITDA margin, notable progress has been made.
Additionally, ongoing significant quarter by quarter improvements
are rating positives. Most recently, Tower's operating loss through
the first three quarters of fiscal 2024 is $17.8 million, or a
negative 1.2% operating margin. However, the operating EBITDA
margin is a positive 4.8%, indicating a significant yoy operational
improvement of over $100 million.

In addition to more positive operating results over the last nine
months, which has allowed for positive cash flow for the first time
in five years, Tower has negotiated with a majority of bondholders
(approximately 85%) to exchange its outstanding debt.

In exchange for additional liquidity of approximately $125 million
net, effectively doubling current unrestricted liquidity levels,
Tower has agreed to several terms as part of a new bond issuance.
These include:

- Relief from mandatory bond redemptions: $65 million due in
February 2025, $82 million in 2027, and $73 million in 2029,
extending through 2034.

- A lien on substantially all of Tower's real estate and other
assets.

- New financial covenants with quarterly Days Cash on Hand (DCOH)
and Debt Service Coverage Ratio (DSCR) tests.

- An excess cash flow sweep mechanism, activated when DCOH exceeds
60 days. The sweep mechanism cannot force DCOH below 60 days, which
will be used to pay down Tower's debt.

New financial covenants include quarterly DSCR tests (1.0x),
starting the fourth full quarter post-transaction, and quarterly
DCOH test (30 days) starts the earlier of Dec., 31, 2024, or the
second full quarter post transaction. A first violation of either
covenant requires a meeting with bond trustees, a second violation
is an event of default, but only if on either of the subsequent two
tests.

Financial covenants will be measured system wide, not only on the
original obligated group entity. The DSCR definition permits
certain one-time/non-recurring event add-backs. The cash sweep
mechanism is structured such that 75% of the excess cash flow sweep
will repay the 2024A-1 bonds (new money) until the DSCR is greater
than 2.25x, then 50% thereafter. Then 50% of the excess cash flow
sweep will repay the 2024B bonds until the DSCR is greater than
3.0x.

The remaining 15% of bondholders will be invited to participate in
the exchange and new bond issuance, which is expected to close on
or around Sept., 1, 2024. However, if bondholders cannot be found,
or they do not wish to participate, their pro-rata debt will remain
outstanding under the original legal structure.

Fitch does not view the proposed transaction as a distressed debt
exchange (DDE), which requires a two-pronged test of the following:
a material reduction in terms, and if the exchange was conducted to
avoid bankruptcy. The first test is met with an extension of
maturity dates and even if they have been agreed to by 85% of
bondholders this is still considered a material change in original
terms. However, the second test is not met, i.e. the transaction is
not aimed at avoiding bankruptcy, particularly given Tower's
current cash situation ($153 million) versus current mandatory
redemptions ($65 million under the existing documents) and recent
return to positive cashflow.

Fitch views the additional flexibility provided by the bond-holder
transaction as favorable. Fitch believes Tower has gained
additional time to keep improving recent financial results until it
can further solidify operations and rebuild absolute unrestricted
liquidity levels.

SECURITY

The bonds are secured by a pledge of gross revenues of the
obligated group (OG). The OG consists of Tower, Reading Hospital,
Phoenixville Hospital and Pottstown Hospital. The OG does not
include St. Christopher's Hospital for Children or the Tower Health
Medical Group. All Tower debt is fixed-rate.

KEY RATING DRIVERS

Revenue Defensibility - 'bbb'

Solid Inpatient Market Share

Tower's revenue defensibility remains mid-range and reflects their
leading inpatient market share in its primary service area (PSA) of
Reading, PA, of around 66%, which is focused around the Reading and
422-corridor. A demographically strong population in the immediate
service area has only moderate levels of Medicaid and self-pay
payor mix of around 20.4% in 2023, below Fitch's threshold of 25%
and consistent with the prior year. Fitch believes there is no
threat of payor mix deterioration in the near term.

Operating Risk - 'b'

Multiple Years of Operational Losses; Signs of Improvement YTD

Tower's operating risk profile assessment remains very weak based
on the system's negative operating income levels, now for the sixth
year in a row, including fiscal 2023 year-end results. Financial
disruption over the last four years now totals approximately $1.2
billion in operating losses, due to the initial hospital
integration difficulties acquired from CHS, pandemic-related
affects, and to volume and staffing challenges affecting the
industry.

However, third-quarter results through March 31, 2024 indicate
Tower Health is very near to a break-even operating income level as
annualized nine-month data suggests the year-end operational loss
will be approximately $20 million. This in contrast with the FY
2023 loss of $182.1 million. Tower is now cash flow positive for
the first time in five years, with further improvement expected in
subsequent fiscal years.

In addition to the pending exchange with bondholders, Tower Health
has also announced a significant partnership with Ensemble Health
Partners, a healthcare revenue cycle management company,
outsourcing revenue cycle operations to Ensemble. Tower Health
revenue cycle employees have been "rebadged" as of July 1, 2024.
The system expects the Ensemble partnership to improve net patient
revenues, improve annual operating expenses, and aid in cash
build-up acceleration.

Given operational challenges in recent years, Tower's capital
spending requirements have been curtailed, and Fitch expects this
to be in the approximately $40 million to $50 million range a year.
This is just enough to cover spending for only necessary capital
(e.g., break/fix related) and routine needs. Fitch does expect that
capital spending needs will continue to grow over time. The average
age of plant will rise, and deferred capital needs will ultimately
need to be addressed, possibly putting additional stress on Tower's
leverage metrics. But as operations improve, Tower will likely
slowly and steadily increase spending above $50 million per year,
and address near-term capital needs.

Financial Profile - 'b'

Light Liquidity Position Remains Weak; Future Debt Issuance
Expected

Tower's leverage and liquidity positions have further weakened.
However, there are still comparable to DCOH and estimated cash to
total debt metrics incorporated into Fitch's last review.

Tower had approximately $1.56 billion of total debt outstanding at
audited FYE 2023, which includes long-term bond debt, short-term
notes and operating leases. At FYE 2023, the system's unrestricted
cash fell to $207.5 million from $342.1 million the prior year (and
$555.1 million in 2021), resulting in cash to total debt falling to
12%. DCOH, as measured by Fitch, was at 38 days at FYE 2023.

Unrestricted liquidity has continued to diminish through 2024 YTD,
with $153 million in unrestricted liquidity, equal to 30 DCOH and
10% cash to debt. Tower's long-term rating will likely stay in the
'CCC' category until liquidity reserves are at least partially
restored and stabilized, or until a proven track record of improved
operations is established.

Fitch's base case scenario analysis is its best estimate of the
most likely scenario of financial performance over the next five
years given current operating performance expectations in the
current economic climate. Fitch does not perform a stress case
scenario analysis on credits in this rating category. Fitch expects
that Tower will have an improved 50 DCOH (or slightly higher) in
fiscal 2025, incorporating the net $125 million in a new debt
issuance as part of the bondholder debt exchange, and incorporating
additional operational improvements.

Despite a significant bump in liquidity in 2025, further growth in
DCOH, and cash to total debt, is limited due to the 'cash sweep'
mechanism, which is an integral part of the bondholder debt
exchange transaction.

Asymmetric Additional Risk Considerations

There are no additional asymmetric risk considerations not already
factored into this rating.

RATING SENSITIVITIES

Factors that Could, Individually or Collectively, Lead to Negative
Rating Action/Downgrade

- Failure to meet articulated operating income results in fiscal
2024 and failure to generally remain in line with articulated
future operational expectations;

- Although not expected, any balance sheet dilution beyond what is
currently anticipated, could result in further negative rating
action;

- Any declaration of bankruptcy, even if payments are still being
made on time and in full, which Fitch believes is only likely if
the proposed bond-holder transaction is not completed. However,
this is now viewed as much less likely than at the time of the last
review.

Factors that Could, Individually or Collectively, Lead to Positive
Rating Action/Upgrade

- A sustained operating improvement, with a sustained operating
EBITDA margin of 5% or greater;

- Completion of the proposed bond-holder transaction;

- Improved balance sheet metrics (e.g., cash to total rises above
40%); although material improvement in cash to total debt and/or
DCOH will be limited over the near-term due to the cash sweep put
into place with this transaction.

PROFILE

Tower Health currently consists of three fully owned acute care
hospitals including Tower Health's flagship in Reading, PA,
Phoenixville Hospital and Pottstown Hospital along the
422-corridor. Chestnut Hill Hospital in Philadelphia has been
transferred to different ownership. Tower Health closed Brandywine
Hospital in Coatesville on Jan. 31, 2022, and Jennersville Regional
Hospital in West Grove on Dec. 31, 2021 (with the sale of
Jennersville Hospital real estate assets to ChristianaCare on July
6, 2022). Tower had approximately $1.9 billion in total revenues in
fiscal 2023.

ESG CONSIDERATIONS

Tower Health (PA) has an ESG Relevance Score of '4' for Management
Strategy due to the current inability to secure operations above
break-even, which has a negative impact on the credit profile, and
is relevant to the ratings in conjunction with other factors.

The highest level of ESG credit relevance is a score of '3', unless
otherwise disclosed in this section. A score of '3' means ESG
issues are credit-neutral or have only a minimal credit impact on
the entity, either due to their nature or the way in which they are
being managed by the entity. Fitch's ESG Relevance Scores are not
inputs in the rating process; they are an observation on the
relevance and materiality of ESG factors in the rating decision.


TPT GLOBAL: Signs Settlement Deal With American Towers Plaintiffs
-----------------------------------------------------------------
TPT Global Tech, Inc., announced July 8, 2024, that the Company and
and its subsidiary TPT Speedconnect, Inc. have signed a release and
settlement agreement with the American Tower Plaintiffs, effective
June 25, 2024, including a Confession of Judgement.  This agreement
resolves disputes related to telecommunications tower leases and
licenses between the parties.

Under the terms of the agreement, American Tower Plaintiffs have
terminated 51 licenses and reaffirmed 11 licenses.  The Company and
TPT Speedconnect have agreed to a Settlement Payment of
$1,085,000.00, which includes rent and attorneys' fees owed to the
American Tower Plaintiffs and related tower removal costs.  As part
of the Settlement Agreement, the Company and TPT Speedconnect are
financially responsible for the removal of its telecommunication
equipment off of the American Tower Plaintiffs 51 towers which
could cost upwards of $1,000,000.  A Confession of Judgement was
agreed to for any unpaid amounts up to $2,085,000 under the
Settlement Agreement not paid by Dec. 31, 2024.  Full details on
the Settlement Agreement can be found in the Company's latest Form
S-1 filing.

The Company will list any unpaid amounts under the Settlement
Payment as debt owed to ATC TOWER SERVICES LLC on the Company's
uplisting Form S-1 filing with the SEC, and will make the payment
from proceeds of its securities issuance, in compliance with
Federal securities laws.

The Company said this agreement marks a significant resolution of
all disputes between the parties, signaling a positive path forward
for both American Tower Plaintiffs and TPT Speedconnect.

Stephen Thomas, CEO of TPT Global Tech, commented on the agreement,
stating, "This Settlement agreement with American Towers is a
positive step forward for both companies and I am pleased that ATC
has agreed to participate in our cash allocation from our uplisting
to major US Stock exchange as we continue reduce debt."

The American Tower Plaintiffs consist of the following entities:

   * American Tower Management, LLC
   * American Tower Delaware Corporation
   * UniSite LLC
   * Spectra Site Communications, LLC
   * American Towers LLC
   * American Tower Asset Sub, LLC
   * Central States Tower Holdings, LLC
   * DCS Tower Sub, LLC
   * GTP Towers I, LLC
   * GTP Acquisition Partners II, LLC
   * ATC Sequoia, LLC
   * GrainComm III
   * InSite Wireless Group, LLC
   * InSite Towers Development, LLC

                       About TPT Global Tech

TPT Global Tech, Inc. -- www.tptglobaltech.com -- based in San
Diego, California, and operates as a technology-based company with
divisions providing telecommunications, construction and product
distribution, media content for domestic and international
syndication as well as technology solutions. The Company operates
as a Media Content Hub for Domestic and International syndication,
Technology/Telecommunications company using its own proprietary
Global Digital Media TV and Telecommunications infrastructure
platform and also provide technology solutions to businesses
domestically and worldwide. The Company offers Software as a
Service (SaaS), Technology Platform as a Service (PAAS),
Cloud-based Unified Communication as a Service (UCaaS) and
carrier-grade performance and support for businesses. Its
cloud-based UCaaS services allow businesses of any size to enjoy
all the latest voice, data, media and collaboration features in
today's global technology markets. The Company also operates as a
Master Distributor for Nationwide Mobile Virtual Network Operators
(MVNO) and Independent Sales Organization (ISO) as a Master
Distributor for Pre-Paid Cellphone services, Mobile phones,
Cellphone Accessories and Global Roaming Cellphones.

Draper, Utah-based Sadler, Gibb & Associates, LLC, the Company's
auditor since 2016, issued a "going concern" qualification in its
report dated May 10, 2024, citing that the Company has suffered
recurring losses from operations and has a net capital deficiency
that raise substantial doubt about its ability to continue as a
going concern.


TRINSEO PLC: BlackRock Holds 2.8% Stake as of June 30
-----------------------------------------------------
BlackRock, Inc. disclosed in a Schedule 13G/A Report filed with the
U.S. Securities and Exchange Commission that as of June 30, 2024,
it has ceased to be the beneficial owner of more than 5 percent of
Trinseo PLC's common stock. BlackRock is reported to beneficially
own 981,922 shares as of June 30, representing 2.8% of the shares
outstanding.

A full-text copy of BlackRock's SEC Report is available at:

                  https://tinyurl.com/4xzx3msv

                         About Trinseo

Trinseo (NYSE: TSE) (www.trinseo.com), a specialty material
solutions provider, partners with companies to bring ideas to life
in an imaginative, smart and sustainably focused manner by
combining its premier expertise, forward-looking innovations and
best-in-class materials to unlock value for companies and
consumers. From design to manufacturing, Trinseo taps into decades
of experience in diverse material solutions to address customers'
unique challenges in a wide range of industries, including building
and construction, consumer goods, medical and mobility.

As of March 31, 2024, the Company had $3 billion in total assets
and $2.6 billion liabilities.

                           *     *     *

In May 2023, S&P Global Ratings lowered its issuer credit rating on
Trinseo PLC to 'CCC+' from 'B-'.  S&P said, "The downgrade reflects
that Trinseo has not yet addressed the upcoming maturity of its
$661.7 million TLB, which becomes current in September, and that we
anticipate weak 2023 earnings."

Meanwhile, Moody's Investors Service downgraded the Corporate
Family Rating of Trinseo PLC to B2 from B1, Probability of Default
Rating to B2-PD from B1-PD. Moody's also downgraded the rating on
Trinseo Materials Operating S.C.A.'s senior unsecured and backed
senior unsecured notes to Caa1 from B3, the rating on Trinseo
Materials Operating S.C.A.'s backed first lien senior secured term
loan and backed revolving credit facility to B2 from B1 and the
rating on Trinseo LuxCo Finance SPV S.a r.l.'s first lien senior
secured term loans to B1 from Ba3. The SGL-3 Speculative Grade
Liquidity Rating remains unchanged. The rating outlook for all
issuers remains negative.

In October 2023, S&P assigned its 'B' issue-level rating and '1'
recovery rating to Trinseo NA Finance SPV LLC's $1.077 billion
first-lien senior secured term loan. Trinseo NA Finance SPV LLC is
a debt-issuing subsidiary of Trinseo PLC.  The company intended to
use the proceeds to refinance entirety of the outstanding term loan
due September 2024 and $385 million of existing $500 million senior
notes due September 2025. The term loan and the senior notes were
co-issued by subsidiaries Trinseo Materials Operating S.C.A. and
Trinseo Materials Finance Inc.  All ratings on Trinseo PLC,
including the 'CCC+' issuer credit rating, are unchanged.

In February 2024, Moody's downgraded the Corporate Family Rating of
Trinseo PLC to B2 from B1, Probability of Default Rating to B2-PD
from B1-PD. Moody's also downgraded the rating on Trinseo Materials
Operating S.C.A.'s senior unsecured and backed senior unsecured
notes to Caa1 from B3, the rating on Trinseo Materials Operating
S.C.A.'s  backed first lien senior secured term loan and backed
revolving credit facility to B2 from B1 and the rating on Trinseo
LuxCo Finance SPV S.a r.l.'s first lien senior secured term loans
to B1 from Ba3. The SGL-3 Speculative Grade Liquidity Rating
("SGL") remains unchanged. The rating outlook for all issuers
remains negative.

The rating downgrade, Moody's explained, reflects Trinseo's weak
credit metrics and expected negative free cash flow. Demand for
many of the company's products remains weak and exports from China
continue to depress commodity prices, especially in Europe. The
soft business fundamentals for PS, ABS, PC and MMA are likely to
persist in 2024 given the oversupply and weak Chinese demand.


UNDER ARMOUR: Moody's Affirms Ba2 CFR & Alters Outlook to Negative
------------------------------------------------------------------
Moody's Ratings changed the outlook for Under Armour, Inc. to
negative from stable. Concurrently, Moody's affirmed all of the
company's ratings, including the Ba2 corporate family rating,
Ba2-PD probability of default rating and Ba3 senior unsecured notes
rating. The speculative-grade liquidity rating (SGL) remains
unchanged at SGL-1.

The change in outlook to negative reflects Under Armour's
significantly reduced cash cushion relative to funded debt as a
result of the recent litigation settlement. The company's large
cash balance compared to its moderate level of debt previously
provided rating support, especially in light of the significant
execution risk of the company's turnaround strategy. In addition,
while Under Armour's overall financial strategies are balanced,
Moody's would view any share repurchases, particularly those
financed with debt, following the large settlement payment and at a
time of weak earnings, as a credit negative.

RATINGS RATIONALE

Under Armour's Ba2 CFR reflects the company's well-recognized brand
and diversified distribution in the athletic apparel and footwear
market. The company has a strong position in the sports performance
apparel category, which it aims to leverage as part of the brand
elevation strategy outlined by returning CEO and founder Kevin
Plank. Under Armour plans to reduce the volume and breadth of
basic, less differentiated products, and strengthen its brand with
innovative launches supported by strong marketing. The company is
also simplifying and modernizing its organizational structure to
focus on its core priorities of men's apparel and team sports, and
to become faster and more efficient. Under Armour's third strategic
priority is elevating consumer experiences, including transforming
digital into a more premium platform with exclusive product and
limited promotions, creating more curated bricks-and-mortar
direct-to-consumer merchandising, and rebuilding relationships with
wholesale partners. During this transformation period, the
company's relatively low level of funded debt and balanced
financial strategies provides key credit support. Moody's expect
liquidity to remain very good over the next 12-18 months, largely
supported by its undrawn revolving credit facility given the
greatly reduced cash balances. Following the litigation settlement
payout of about $370-380 million (net of expected insurance
proceeds) and the $81 million bond maturity, Moody's expect balance
sheet cash to be in the $300-400 million range in Q2 FY 2025, which
mainly covers operating cash needs. Moody's expect positive free
cash flow of $120-150 million in FY 2025 and FY 2026 and full
access to the undrawn $1.1 billion revolver.

At the same time, Under Armour's Ba2 CFR is constrained by weak
operating performance expectations for the fiscal year ending March
2025. Moody's project revenues to be down low double digits and
EBITDA to decline over 40% in fiscal 2025, reflecting weaker North
America demand for the brand and in the sector, a highly
promotional environment, and the company's actions to curtail
promotional activity and reduce style counts by 25%. Moody's expect
lease-adjusted EBIT margin to decline below 3%, which is low
relative to its apparel peers and for the rating.  Moody's forecast
Moody's-adjusted debt/EBITDA of 3.6x and EBIT/interest of 2.2x in
fiscal 2025. Although Moody's project operating margin expansion in
fiscal 2026, there is significant execution risk. Under Armour has
struggled to improve brand health in its core North America market
for years, and despite its efforts to move away from competing on
price, it has limited differentiation. Moody's believe it will be
challenging to execute the brand elevation strategy, particularly
during a period of weakening discretionary spending. The turnaround
will also be hindered by the time to develop and deliver new
elevated product at scale, which will take until fall/winter 2025.
Under Armour also remains subject to increased competition in the
athletic sector, with new entrants gaining share in the performance
and lifestyle categories and many apparel companies continuing to
expand into 'athleisure'. Additionally, Moody's view the company's
frequent executive turnover, including its four CEO transitions in
the past 4 years and significant recent key executive changes, as
well as the recent finding of material weakness in internal control
over financial reporting, as moderate governance concerns.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

An upgrade is unlikely over the medium term, given the company's
operating performance and negative outlook. The ratings could be
upgraded if there is sustained improvement in financial results,
including a return to growth in all markets and lease-adjusted
operating margins in the high-single-digit range. An upgrade would
also require debt/EBITDA sustained below 2.5x and very good
liquidity.

The ratings could be downgraded if there are no clear signs that
the company's transformation is driving operating margin expansion
to mid-single-digits (lease-adjusted) in FY 2026, or if financial
results in FY 2025 are weaker than anticipated. A deterioration in
liquidity, including limited cash flow generation or consistent
revolver utilization could also result in a downgrade. The ratings
could also be downgraded if financial policies turn aggressive,
such as through debt-financed returns to shareholders or
acquisitions, or if Moody's-adjusted debt/EBITDA is sustained above
3.5x.

Headquartered in Baltimore, Maryland, Under Armour, Inc. is a
designer, marketer and retailer of footwear, apparel, equipment and
accessories for a wide variety of sports and fitness activities.
Revenue was about $5.7 billion for the fiscal year ended March 30,
2024.

The principal methodology used in these ratings was Retail and
Apparel published in November 2023.


UNITED TRAINING CAREER: Seeks Chapter 7 Bankruptcy
--------------------------------------------------
Zoe Gottlieb of San Antonio Business Journal reports that United
Training Career LLC, operating under the name of United Training
Academy, has filed for Chapter 7 bankruptcy, as reported in a June
18, 2024 filing with the U.S. Bankruptcy Court for the Western
District of Texas.

Headquartered in New Braunfels, the school faces approximately
$2.19 million in liabilities while holding $127,406 in real and
personal property assets, according to the filing. The company
reports that it owes over half of its debt to 275 Wyman LLC, a
Delaware limited liability company from whom it leased a property
in Waltham, Massachusetts.

275 Wyman sued United Training in 2022 for defaulting on its
commercial lease, according to a Middlesex County Superior Court
filing. A default judgement was entered against United Training for
failure to respond to written discovery and failure to appear for
deposition.

The lease with 275 Wyman is not the only lease on which United
Training defaulted. The company racked up roughly $1 million in
lease obligations owed to property owners throughout the United
States, the bankruptcy filing indicates.

John Maniscalco, attorney for one of the creditors, said United
Training filed for bankruptcy just as he was trying to pursue a
judgment against the company on behalf of his client.

"They were not responsive to really any of our requests and failed
to produce court-ordered documents regarding the business's
finances," he told the Business Journal on Friday, June 21.

United Training is a brand of Educate 360 Professional Training
Partners, a professional training and coaching organization based
in Boston, MA. In January 2024, United Training merged with New
Horizons, one of the world's largest IT training and certification
companies, Educate 360 announced in a Jan. 9, 2024 news release.

The company, which at one point operated 48 campuses throughout the
United States, specialized in short-term training programs in IT,
business and healthcare administration. United was also an approved
training provider under the Veteran Employment Through Technology
Education Courses program – a five-year pilot program that
provided funding for veterans' enrollment in technology-focused
training programs.

Keep up with the latest San Antonio headlines by signing up here
for SABJ newsletters.

The decision to file for Chapter 7 bankruptcy proceedings comes
shortly after the closure of Codeup, a formerly well-respected
coding boot camp in San Antonio's tech community. While Codeup did
not go into details regarding its financial challenges, former
employees indicated that the company's over-reliance on VET TEC
funding played a pivotal role in its collapse.

Jamie Fiely, former president of United Training and current
president of New Horizons, and United's attorney Allen M. DeBard
did not respond to requests for comment prior to publication.

                About United Training Career

United Training Career LLC, operating under the name of United
Training Academy,  specialized in short-term training programs in
IT, business and healthcare administration. United was also an
approved training provider under the Veteran Employment Through
Technology Education Courses program – a five-year pilot program
that provided funding for veterans' enrollment in
technology-focused training programs.

United Training Career LLC sought relief under Chapter 7 of the
U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 24-51125) on June
18, 2024. In its petition, the Debtor reports approximately $2.19
million in liabilities and $127,406 in real and personal property
assets.

The Honorable Bankruptcy Judge Michael M. Parker oversees the
case.

The Debtor is represented by:

     Allen M. DeBard, Esq.
     Langley & Banack, Inc.
     745 E Mulberry Ave, Suite 700
     San Antonio, TX 78212
     Tel No. (210) 736-6600
     Fax : (210) 735-6889


VECTOR UTILITIES: Amends Unsecured Claims Pay Details
-----------------------------------------------------
Vector Utilities, LLC, and Rolando and Griselda Gaytan submitted a
Second Amended Disclosure Statement in support of Plan of
Reorganization dated June 27, 2024.

On the Effective Date, all property of the Debtors' bankruptcy
estate will vest in the Debtors, as the Reorganized Debtors, free
and clear of all liens, claims and encumbrances, except as may be
provided by the Plan.

As of the Effective Date of the Plan, the Reorganized Debtors will
be responsible for all payments and distributions to be made under
the Plan to the holders of Allowed Claims, together with any
payments that become due under any executory contract or unexpired
lease assumed by the Debtors or the Reorganized Debtors. Each
executory contract and unexpired lease to which the Debtors are
determined to be a party shall be deemed rejected unless the
Debtors expressly assumes a particular executory contract or lease
before the Effective Date.

The Debtors propose to sell or surrender assets that are not needed
for Vector's fiber optics work. The Debtors want to sell the
following assets to assist the Debtors to build up the business so
it can handle future expenses and ensure that there is sufficient
money to survive so it can pay its creditors.

Class 7 consists of Unsecured Non-Priority Claims. The unsecured
creditors will participate in the distribution of the net proceeds
from these sales on a pro-rata basis.  The distribution of proceeds
will occur by the 30th calendar day following the completion of
each sale.  The claims will be paid from the net proceeds from the
sale of two unencumbered pieces of real estate owned by the
Gaytans.

The properties and their values are:

     * A vacant lot at 601 Garfield in Laredo, Texas currently
valued at $141,000.

     * A lot and mobile home at 1403 Taylor Street in Laredo, Texas
currently valued at $ 59,000.

Additionally, the Gaytans will pay the equivalent of $1,000 per
month for five years to the unsecured creditors. The payments will
be made annually on the anniversary of the Effective Date of the
plan in the annual amount of $12,000.00.

Class 7 has $ 1,635,457.23 for all general unsecured claims save
and except the unsecured portion of the Atlantic Specialty
Insurance Company and the Guarantee Company of North America USA
which is currently more than $21,000,000.00. This estimated amount
plus the $1,635,457.23 makes the total for this class
$22,635,457.23. This class is impaired, and acceptance of the plan
will be solicited from holders of the claims in this class.

Class 8 consists of Prepetition Equity Interests. Prepetition
Equity Interests in the Debtors will be deemed Allowed Equity
Interests. On the Effective Date, the Equity Interests in the
Debtors shall automatically convert to Equity Interests in each
Reorganized Debtor. Class 8 is unimpaired.

Upon the Effective Date of the Plan, the Reorganized Debtors will
be free to conduct their business, manage their affairs, and enter
into transactions without restriction or limitation imposed under
any provision of the Bankruptcy Code, except to the extent
otherwise provided in the Plan. Except for provisions dealing with
payments to holders of Claims, the Plan does not contain any
limitations with respect to the Debtors' future operation of their
business(es).

A full-text copy of the Second Amended Disclosure Statement dated
June 27, 2024 is available at https://urlcurt.com/u?l=MWVwNo from
PacerMonitor.com at no charge.

Attorney for the Debtor:

     Margaret McClure, Esq.
     909 Fannin, Suite 3810
     Houston, TX 77010
     Telephone: (713) 659-1333
     Facsimile: (713) 658-0334
     Email: margaret@mmmcclurelaw.com

                     About Vector Utilities

Vector Utilities, LLC, specializes in providing construction
services to the telecommunications industry it also provides heavy
construction services.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Tex. Case No. 23-60040) on July 16,
2023.  In the petition signed by Griselda C. Gaytan, managing
member, the Debtor disclosed up to $10 million in both assets and
liabilities.

Judge David R. Jones oversees the case.

Margaret M. McClure, Esq., at Law Office of Margaret M. McClure, is
the Debtor's legal counsel.


VIASAT INC: BlackRock Holds 11.7% Stake as of June 30
-----------------------------------------------------
BlackRock, Inc. disclosed in a Schedule 13G/A Report filed with the
U.S. Securities and Exchange Commission that as of June 30, 2024,
it beneficially owned 14,763,814 shares of Viasat Inc.'s common
stock, representing 11.7% of the shares outstanding.

A full-text copy of BlackRock's SEC Report is available at:

                  https://tinyurl.com/yxevmu7c

                         About Viasat Inc.

Viasat, Inc., headquartered in Carlsbad, California, operates a
consumer satellite broadband internet business, an in-flight
connectivity business, and provides satellite and related
Communications, 0networking systems and services to government and
commercial customers. Inmarsat operates a satellite communications
network using L-band, Ka-band and S-band spectrum, and provides
voice and data services to customers on land, at sea and in the
air.

As of December 31, 2023, Viasat had $16.65 billion in total assets,
$11.50 billion in total liabilities, and $5.15 billion in total
equity.

                           *     *     *

Egan-Jones Ratings Company, on May 29, 2024, maintained its 'CCC+'
foreign currency and local currency senior unsecured ratings on
debt issued by Viasat, Inc.


VIZIENT INC: Moody's Rates New 1st Lien Debt 'Ba2', Outlook Stable
------------------------------------------------------------------
Moody's Ratings has affirmed the ratings of Vizient, Inc.,
including its Ba2 Corporate Family Rating and Ba2-PD Probability of
Default Rating. Concurrently, Moody's assigned a Ba2 rating to
Vizient's proposed senior secured first lien bank credit facility,
comprised of a $700 million senior secured first lien revolving
credit facility expiring in 2029, $800 million senior secured first
lien term loan A due in 2029, and $1.1 billion senior secured first
lien term loan B due in 2031. There is no action on the existing
senior secured first lien revolving credit facility, term loan A
and term loan B, which are currently rated Ba2. The outlook remains
stable.

Proceeds from the new $800 million term loan A and $1.1 billion
term loan B, along with approximately $200 million of cash on hand,
will be used to fully repay Vizient's existing $287 million term
loan A and $590 million term loan B, fund the acquisition of
Kaufman Hall, and pay related fees and expenses. Upon close of the
transaction, Moody's will withdraw the Ba2 ratings on the existing
senior secured first lien revolving credit facility, term loan A
and term loan B concurrent with the associated repayment of
Vizient's existing debt obligations.

The affirmation of Vizient's ratings reflects the extension of
maturities of the company's debt. The rating affirmation also
reflects Moody's view that Vizient's financial leverage pro forma
for this transaction will remain modest. The refinancing
transaction will increase pro forma debt-to-EBITDA to 3.6 times
from 2.0 times on Moody's adjusted basis. Despite the increase in
financial leverage, Moody's expect Vizient will deleverage to
approximately 3.0 times over the next 12 to 18 months, supported by
Moody's expectation for the company to continue its good operating
performance, as well as realizing cost savings from the company's
recent reorganization. Further, Moody's expect that Vizient will
continue to maintain its very good liquidity position.

RATINGS RATIONALE

Vizient's Ba2 CFR rating reflects its modest financial leverage,
solid scale and market presence as the largest healthcare group
purchasing organization (GPO) in the U.S. Vizient has good
geographic and customer diversification that further support the
rating. Vizient's services align with healthcare providers'
interest in controlling healthcare costs for its customers,
especially during the continued shift towards value-based care. The
rating also reflects Vizient's strong free cash flow generation
along with a sizeable revolving credit facility and solid track
record of acquisition integration.

Conversely, Vizient's ratings are constrained by Moody's
expectation for continued pricing pressure in the GPO business,
resulting in low-to-mid single-digit organic growth in the segment.
However, this will be somewhat offset by Moody's expectation for
higher growth in the healthcare advisory and analytics business.
Vizient has a history of debt-funded acquisitions, which raises the
risk that Vizient may increase leverage again in the future. That
said, Moody's expect that Vizient will use its free cash flow to
deleverage to levels appropriate for the current rating.    

Moody's expect Vizient's liquidity will remain very good over the
next 12 months. Vizient's liquidity will be supported by a sizable
cash balance of approximately $463 million pro forma for the
refinancing and acquisition transactions and as of March 31, 2024.
Moody's expect Vizient will generate free cash flow of at least
$300 million over the next 12 months, which is more than sufficient
to satisfy the company's cash needs. Vizient will also have access
to a new $700 million revolving credit facility that will be
undrawn at the close of the transaction and will expire in 2029.
The term loan B will not be subject to a covenant, but the term
loan A and revolving credit facility will be subject to a maximum
total leverage ratio of 5.5x, which will step down to 5.25x
beginning with the quarter ended June 30, 2025 and to 5.0x
beginning with the quarter ended June 30, 2026. Moody's expect
Vizient to maintain sufficient cushion with the covenant.

The Ba2 rating of Vizient's new senior secured first lien bank
credit facility, comprised of a $700 million revolving credit
facility, $800 million term loan A, and $1.1 billion term loan B,
is the same as the Ba2 CFR. This reflects the senior secured first
lien bank credit facility representing the preponderance of debt
within the company's capital structure.

The stable outlook reflects Moody's view that Vizient will continue
to grow its top-line in the mid-single digits organically,
predominantly driven by growth from its healthcare analytics and
advisory business. The outlook also reflects Moody's expectation
that Vizient will grow EBITDA in the mid-single digits, such that
debt-to-EBITDA will decline back to below 3 times, while also
maintaining very good liquidity.

Marketing terms for the new credit facilities (final terms may
differ materially) include the following:

Incremental pari passu debt capacity up to the greater of $600
million and 100% of consolidated EBITDA, plus unlimited amounts
subject to 4.50x senior secured net leverage ratio. There is no
inside maturity sublimit. A "blocker" provision restricts the
transfer of material intellectual property to unrestricted
subsidiaries. The credit agreement provides some limitations on
up-tiering transactions, requiring affected lender consent for
amendments that subordinate or have the effect of subordinating the
debt or liens.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

Moody's could upgrade the ratings if Vizient increases its size and
scale through a disciplined growth strategy. Ratings could also be
upgraded if Vizient further increases its contribution from its
advisory and analytics business. Quantitatively, ratings could be
upgraded if adjusted debt to EBITDA is sustained below 2.0 times.

Vizient's ratings could be downgraded if the company's operating
performance weakens significantly such that the company experiences
substantial declines in its margins. Ratings could also be
downgraded if Vizient executes material debt-funded acquisitions or
dividends. A deterioration in liquidity or free cash flow could
result in a ratings downgrade. Quantitatively, a ratings downgrade
could result if debt to EBITDA is sustained above 3.0 times.

Headquartered in Irving, Texas, Vizient generates about 60% of
revenue from its healthcare group purchasing organization (GPO)
business with the remaining approximately 40% derived from its
healthcare advisory and analytics services. Analytics and advisory
services include solving supply chain, clinical and workforce
management issues and providing hospital purchasing information and
procedure/outcome data. Vizient's customers include large
integrated delivery networks, academic medical centers, independent
community-based hospitals, pediatric facilities, and non-acute care
providers such as ambulatory health care providers and surgery
centers. The company operates under a participant member ownership
structure and generated nearly $1.7 billion in revenue for the last
twelve months ended March 31, 2024.

The principal methodology used in these ratings was Business and
Consumer Services published in November 2021.


VUZIX CORP: BlackRock Holds 2.4% Stake as of June 30
----------------------------------------------------
BlackRock, Inc. disclosed in a Schedule 13G/A Report filed with the
U.S. Securities and Exchange Commission that as of June 30, 2024,
it has ceased to be the beneficial owner of more than 5 percent of
Vuzix Corporation's common stock. BlackRock is reported to
beneficially own 1,550,429 shares as of June 30, representing 2.4%
of the shares outstanding.

A full-text copy of BlackRock's SEC Report is available at:

                  https://tinyurl.com/ykj6j7zh

                            About Vuzix

Incorporated in Delaware in 1997, Vuzix Corporation --
www.vuzix.com -- is a designer, manufacturer and marketer of Smart
Glasses and Augmented Reality (AR) technologies and products for
the enterprise, medical, defense and consumer markets. The
Company's products include head-mounted (or HMDs or heads-up
displays or HUDs) smart personal display and wearable computing
devices that offer users a portable high-quality viewing
experience, provide solutions for mobility, wearable displays and
augmented reality, as well as OEM waveguide optical components and
display engines. The Company's wearable display devices are worn
like eyeglasses or attach to a head-worn mount. These devices
typically include cameras, sensors, and a computer that enable the
user to view, record and interact with video and digital content,
such as computer data, the internet, social media or entertainment
applications as well as interact and receive information from
cloud-based Artificial Intelligence agents. The Company's wearable
display products integrate display technology with its advanced
optics to produce compact high-resolution display engines, less
than half an inch diagonally, which when viewed through its Smart
Glasses products, create virtual images that appear comparable in
size to that of a computer monitor, smartphone, tablet or a
large-screen television.

Vuzix incurred net losses of $50,149,077 for the year ended
December 31, 2023, $40,763,573 for the year ended December 31,
2022, and $40,377,160 for the year ended December 31, 2021. As of
March 31, 2024, the Company had $76.98 million in total assets,
$3.84 million in total liabilities, and $73.14 million in total
stockholders' equity.

Buffalo, New York-based Freed Maxick CPAs, P.C., the Company's
auditor since 2014, issued a "going concern" qualification in its
report dated April 15, 2024, citing that the Company has suffered
recurring losses from operations and has future cash requirements
to fund operating losses. This raises substantial doubt about the
Company's ability to continue as a going concern.


VVI HOLDINGS: Hires TTR Sotheby International Realty as Broker
--------------------------------------------------------------
VVI Holdings, LLC seeks approval from the U.S. Bankruptcy Court for
the District of Maryland to employ TTR Sotheby International Realty
as broker.

The firm will sell the property known as 543 Jenkins Lane,
Annapolis MD 21409, and 4180 Shoreham Beach Road, Edgewater MD
21037.

The firm will be paid a commission of 5 percent of the sales
price.

Glenn Sutton, a partner at TTR Sotheby International Realty,
disclosed in a court filing that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached at:

     Glenn Sutton
     TTR Sotheby International Realty
     5101 Wisconsin Ave NW
     Washington, DC 20016
     Tel: (301) 967-3344

              About VVI Holdings, LLC

VVI Holdings is the owner of three properties, all located in
Maryland, having a total current value of $3.61 million.

VVI Holdings LLC in Upper Marlboro, MD, filed its voluntary
petition for Chapter 11 protection (Bankr. D. Md. Case No.
24-13627) on April 30, 2024, listing $3,609,000 in assets and
$2,222,795 in liabilities. Frederick Vermillion as managing member,
signed the petition.

Judge Lori S. Simpson oversees the case.

LAW OFFICE OF GERI LYONS CHASE serve as the Debtor's legal counsel.


WATCO COMPANIES: Moody's Alters Outlook on 'B2' CFR to Positive
---------------------------------------------------------------
Moody's Ratings affirmed the ratings of Watco Companies, L.L.C.,
including the corporate family rating at B2, the probability of
default rating at B2-PD and the rating on the $600 million senior
unsecured notes due 2027 at Caa1. Moody's also assigned a Caa1
rating to the new senior unsecured notes due 2032 that Watco
intends to issue. The outlook was changed to positive from stable.

Watco intends to use the proceeds from the new $700 million senior
unsecured notes due 2032 to purchase the $600 million senior
unsecured notes due 2027 in a tender offer, to repay a portion of
the senior secured credit facility and for general corporate
purposes. The rating of the senior unsecured notes due 2027 will be
withdrawn if the principal amount outstanding has been repaid in
full.

The rating affirmation reflects Watco's broad range of
transportation and logistics services, modest profit margin and
capital intensive nature of its operations that results in
significant funding needs. The affirmation also reflects the
company's balanced approach to funding its investments, including
by issuing preferred equity.

The positive outlook reflects Moody's expectation that management's
ongoing review of the performance of Watco's operations will
steadily improve the company's earnings such that the operating
margin will increase to more than 7% over time. The positive
outlook also reflects Watco's demonstrated ability to contend with
economic downturns.

RATINGS RATIONALE

The B2 corporate family rating of Watco reflects the company's
diversified revenue base comprising rail transportation services,
port and terminal operations and logistics services. Watco is the
second largest short line railroad operator in North America, with
42 railroads and 24 switching operations in the US, Canada and
Australia that represent nearly 50% of Watco's revenue. Together
with the port and terminal operations, rail transportation services
account for the vast majority of Watco's earnings.

Despite attractive profits from its rail and terminal operations,
the consolidated operating margin is modest, in part weighed down
by the inherently lower profit margin of the logistics business.
Management remains focused on operational improvements of Watco's
existing businesses, including through providing a safer work
environment. Moody's believe these efforts will continue to help
widen the operating margin over time, to more than 7% in 2025.

Watco's investments in expansion projects can result in significant
funding needs, sometimes in excess of $100 million per annum. In
addition, the company pursues acquisitions from time to time. This
can cause financial leverage to be elevated at times. However,
Watco has demonstrated a willingness and ability to issue preferred
equity to help fund these investments. Moody's project debt/EBITDA
to remain modestly above 5 times in the next 12 to 18 months when
calculated including the non-recourse debt that resides at Watco
Greensport, L.L.C., a subsidiary of Watco's parent company.

Certain preferred shares issued by Watco provide a put option for
the holders of these preferred shares that becomes effective late
2027. Moody's expect that a redemption of these preferred shares
following a possible exercise of the put option will be funded such
that Watco adheres to its target range for financial leverage.

Moody's anticipate liquidity to remain adequate. Free cash flow is
negative because of the capital intensive nature of Watco's
business, the company's growth initiatives and sizeable
distributions to common and preferred stock holders. Net cash flow
excluding discretionary capital expenditures is typically positive,
however. Pro forma for the transaction, the availability under
Watco's $1 billion revolving credit facility would have been
approximately $370 million as of March 31st, 2024 but will likely
decrease in the absence of another equity raise. The headroom under
applicable financial covenants will remain sufficient.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

The ratings could be upgraded if Moody's expect the operating
margin to be sustained above 7%, funds from operations/debt to be
comfortably above 12.5%, while debt/EBITDA is maintained below 5
times. An increasing ability to fund growth in operations with cash
flow - measured by cash from operations minus maintenance capital
expenditures – is also a consideration for a ratings upgrade.

The ratings could be downgraded if Moody's expect that elevated
capital expenditures or a weakening of business conditions cause
debt/EBITDA to exceed 6 times, the operating margin will be less
than 5%, or that funds from operations/debt will be less than 10%.
The ratings could also be downgraded if availability under the
revolving credit facility becomes constrained, including if less
than $100 million is available at a time when free cash flow
remains negative, or if covenant headroom diminishes.

The principal methodology used in these ratings was Surface
Transportation and Logistics published in December 2021.

Watco Companies, L.L.C. is the second largest short line railroad
operator in the US. In addition to rail transportation services,
the company provides terminal and port services, as well as
logistics services. Revenue in 2023 was $1.6 billion. Watco
Companies, L.L.C. is a privately held company.


WESTER RISE INC: Starts Subchapter V Bankruptcy Proceeding
----------------------------------------------------------
On June 19, 2024, Western Rise Inc. filed Chapter 11 protection in
the District of Colorado. According to court filing, the Debtor
reports $5,266,556 in debt owed to 50 and 99 creditors. The
petition states funds will be available to unsecured creditors.

A meeting of creditors under 11 U.S.C. Section 341(a) is slated for
July 16, 2024 at 1:00 p.m. in Room Telephonically on telephone
conference line: 888-497-4718. participant access code: 6026644#.

            About Western Rise Inc.

Western Rise Inc. manufactures travel clothing and accessories
which often includes features such as quick-drying, odor
resistance, and wrinkle resistance.

Western Rise Inc. sought relief under Subchapter V of Chapter 11 of
the U.S. Bankruptcy Code (Bankr. D. Col. Case No.: 24-13394) on
June 19, 2024. In the petition signed by Kelly Watters, as
president, the Debtor reports total assets of $3,401,871 and total
liabilities of $5,266,556.

Honorable Bankruptcy Judge Joseph G. Rosania Jr. oversees the
case.

The Debtor is represented by:

     Jonathan M. Dickey, Esq.
     KUTNER BRINEN DICKEY RILEY PC
     1660 Lincoln Street, Suite 1720
     Denver, CO 80264
     Tel: 303-832-2400
     E-mail: jmd@kutnerlaw.com


WILLIAMS LAND: Ace Funding's Bid for Leave to Appeal Order Denied
-----------------------------------------------------------------
Judge Terrence W. Boyle of the United States Bankruptcy Court for
the Eastern District of North Carolina denied Ace Funding Source,
LLC's motion for leave to appeal an interlocutory order denying its
motion to dismiss the amended complaint filed by Plaintiff-Appellee
Williams Land Clearing, Grading, and Timber Logger, LLC relating to
revenue purchase agreements between the parties.

Under four revenue purchase agreements with Ace Funding, Williams
Land Clearing "sold" a percentage of its future receivables to Ace
Funding for an infusion of capital.  Although each revenue purchase
agreement had different terms, all of them contain a New York
choice-of-law provision in the event of a dispute between the
parties.  Shortly after the fourth revenue purchase agreement was
executed, a dispute followed.

On May 11, 2022, Ace Funding filed a lawsuit against Williams Land
Clearing and its principal in the Supreme Court for the State of
New York, Nassau County, alleging a breach of the Fourth Revenue
purchase agreement. On May 19, 2022, the parties settled their
dispute. Not long after, Williams Land Clearing breached the terms
of the settlement. That authorized Ace Funding to file a stipulated
default judgment. On July 12, 2022, the Supreme Court of the State
of New York, Nassau County entered a default judgment against
Williams Land Clearing and Lamonte Williams.

In September 2022, Williams Land Clearing filed a voluntary
petition under Chapter 11 of the Bankruptcy Code in the United
States Bankruptcy Court for the Eastern District of North Carolina.
Ace Funding then filed a proof of claim in the Chapter 11
proceeding.

In February 2023, Williams Land Clearing initiated adversary
proceedings in the bankruptcy court, alleging primarily that the
revenue purchase agreements are unethical and criminally usurious
loan agreements under New York law.  It seeks to avoid the
transfers of receivables under 11 U.S.C. Sec. 548(a)(l)(b); to
disallow Ace Funding's bankruptcy claim in its entirety, or at
least, until Ace Funding turns over the fraudulent transfers or
preference payments under 11 U.S.C. Sec. 550; to equitably
subordinate Ace Funding's claims; to recover damages for unfair and
deceptive trade practices under N.C. Gen. Stat. Sec. 75-1.1; to
avoid preference payments under 11 U.S.C Sec. 547(b); and to
recover the property from any avoided transfer under 11 U.S.C Sec.
550.

In response, Ace Funding moved to dismiss the adversary
proceedings, arguing that (1) the bankruptcy court lacked
subject-matter jurisdiction under the Rooker-Feldman doctrine and
(2) the complaint failed to state a claim for relief.  On
September 19, 2023, the bankruptcy court held a hearing on the
motion to dismiss.  After the hearing, it orally denied the motion
from the bench.  The next day, the bankruptcy court issued a
written order memorializing its decision. Now Ace Funding moves for
leave to file an interlocutory appeal of that order.

Ace Funding asserts that the order denying its motion to dismiss
presents two issues that satisfy the high standard under Sec.
1292(b).  First, it contends the Rooker-Feldman doctrine precludes
subject-matter jurisdiction over Williams Land Clearing's claims.
Second, it posits that New York choice-of-law provision in the
revenue purchase agreements is unenforceable because it violates a
fundamental public policy of North Carolina.  However, the Court is
not persuaded that either is worthy of interlocutory review.

On the second requirement, a substantial ground for difference of
opinion, Ace Funding's argument boils down to a disagreement with
the bankruptcy court's application of Rooker-Feldman to Williams
Land Clearing's claims.  In short, the bankruptcy court's
application of the Rooker-Feldman does not present a controlling
question of law as to which there is a substantial ground for
difference of opinion.  The Court, therefore, denies leave to
appeal on this issue.

The Court now turns to Ace Funding's second issue -- the bankruptcy
court's ruling enforcing New York choice-of-law provision.  Ace
Funding argues that the choice-of-law issue is outcome
determinative because of the differences between New York and North
Carolina law on usury.  Williams Land Clearing seeks to set aside
the revenue purchase agreements as criminally usurious loans under
New York law.  But North Carolina law, Ace Funding argues, prevents
corporate borrowers like Williams Land Clearing from claiming
usury.  Given these fundamental differences, Ace Funding contends
that enforcing the choice-of-law provision in the revenue purchase
agreements would violate North Carolina's public policy.

But as with the bankruptcy court's application -- or
non-application, really -- of the Rooker-Feldman doctrine, the
Court is not persuaded that the choice-of-law issue satisfies the
standard for interlocutory review.  The Court will assume without
deciding that Ace Funding's a assertions that the bankruptcy court
was the first court in North Carolina, state or federal, to address
this precise question of the interplay between North Carolina's
public policy is correct.  But a question of first impression alone
is not enough, the Court notes.

Accordingly, Ace Funding has not shown that the choice-of-law
portion of the bankruptcy court's order involves an issue worthy of
interlocutory appeal, the Court rules.

A copy of the Court's decision dated July 1, 2024, is available at
https://urlcurt.com/u?l=0DMrJR

             About Williams Land Clearing, Grading
                         and Timber Logger

Williams Land Clearing, Grading, and Timber Logger, LLC is a land
development company that logs timber in addition to offering lot
and site clearing, land leveling, drainage solutions, and related
services. Prior to forming Williams Land in 2016, the company's
sole member, Lamont Williams, had been in the logging business
since 2001, and added clearing and grading to his business in about
2006.

Williams Land sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D.N.C. Case No. 22-02094) on Sept. 16,
2022, with $10 million to $50 million in assets and $1 million to
$10 million in liabilities. Lamonte Williams, manager, signed the
petition.

Judge Pamela W. McAfee oversees the case.

The Debtor tapped William P. Janvier, Esq., at Stevens Martin
Vaughn and Tadych, PLLC is the Debtor's legal counsel, and Caleb
Thomas, Esq., as chief restructuring officer.




WINDSOR TERRACE: Plan Exclusivity Period Extended to August 29
--------------------------------------------------------------
Judge Victoria S. Kaufman of the U.S. Bankruptcy Court for the
Central District of California extended Windsor Terrace Healthcare,
LLC and its affiliates' exclusive periods to file a plan of
reorganization and obtain acceptance thereof to August 29 and
October 20, 2024, respectively.

As shared by Troubled Company Reporter, the Debtors explain that
each of their facilities is subject to a different lease and their
own unique operational and reorganization challenges. The large
number of facilities involved, which together generate annual
revenue of approximately $285 million and which together provide
care to thousands of elderly residents on a full-time basis, makes
the Debtors' 21 chapter 11 cases, particularly when viewed
collectively, far more challenging and complex than a single
average chapter 11 bankruptcy case.

Collectively, the Debtors have been operating profitably post
petition, and the Debtors' current cash combined with future cash
projections and the guaranties provided under the Plan evidence
that the Plan, which provides for a meaningful distribution to the
Debtors' creditors, is feasible and viable. The Debtors will
continue to demonstrate reasonable prospects for filing a viable
plan even if the Plan is not confirmed and the Debtors are required
to propose and file modifications to the Plan as currently
proposed.

The Debtors assert that they have worked with, and intend to
continue working closely with, their secured creditors, the
Committee, the Ad Hoc Group, and other parties in interest in these
cases to reach a consensual Plan. The Debtors' efforts have led to
the Committee issuing a support letter in favor of the Debtors'
Plan.

Windsor Terrace Healthcare, LLC and its affiliates are represented
by:

          Ron Bender, Esq.
          Monica Y. Kim, Esq.
          Juliet Y. Oh, Esq.
          Robert M. Carrasco, Esq.
          LEVENE, NEALE, BENDER, YOO & GOLUBCHIK L.L.P.
          2818 La Cienega Avenue
          Los Angeles, CA 90034
          Tel: (310) 229-1234
          Email: rb@lnbyg.com
                 myk@lnbyg.com
                 jyo@lnbyg.com
                 rmc@lnbyg.com

               About Windsor Terrace Healthcare

Windsor Terrace Healthcare, LLC and its affiliates are primarily
engaged in the businesses of owning and operating skilled nursing
facilities throughout the State of California.  Collectively, the
Debtors own and operate 16 skilled nursing facilities, which
provide 24 hour, seven days a week and 365 days a year care to
patients who reside at those facilities.

In addition to the 16 skilled nursing facilities, the Debtors own
and operate one assisted living facility (which is Windsor Court
Assisted Living, LLC), one home health care center (which is S&F
Home Health Opco I, LLC), and one hospice care center (which is S&F
mHospice Opco I, LLC). The Debtors do not own any of the real
property upon which the facilities are located.

Windsor Terrace Healthcare and 18 affiliates filed Chapter 11
petitions (Bankr. C.D. Calif. Lead Case No. 23-11200) on Aug. 23,
2023. Two more affiliates, Windsor Sacramento Estates, LLC and
Windsor Hayward Estates, LLC, filed Chapter 11 petitions on Sept.
29.

At the time of the filing, Windsor Terrace Healthcare disclosed up
to $10 million in both assets and liabilities.

Judge Victoria S. Kaufman oversees the cases.

The Debtors tapped Levene, Neale, Bender, Yoo, and Golubchik, LLP
as bankruptcy counsel; Hooper, Lundy & Bookman, P.C. and Hanson
Bridgett, LLP as special counsels; and Province, LLC as financial
advisor. Stretto, Inc. is the Debtor's claims, noticing and
solicitation agent.

The U.S. Trustee for Region 16 appointed an official committee to
represent unsecured creditors in the Debtors' Chapter 11 cases.
Troutman Pepper Hamilton Sanders, LLP is the Debtors' legal
counsel.

Jacob Nathan Rubin, the patient care ombudsman, is represented by
RHM Law, LLP.


WINDSTREAM SERVICES: Moody's Affirms 'B3' CFR, Outlook Stable
-------------------------------------------------------------
Moody's Ratings affirmed Windstream Services, LLC's (Windstream) B3
Corporate Family Rating, and B3-PD probability of default rating.
Moody's also affirmed the (i) Ba3 ratings on the company's first
out senior secured revolving credit facilities and $250 million
senior secured first lien term loan B facility, and (ii) B3 ratings
on the $750 million incremental senior secured first lien term loan
facility and $1,400 million senior secured first lien notes. The
outlook is stable.

On May 3, 2024, Windstream entered into a definitive agreement to
merge its operations with Uniti Group Inc. (Uniti, B3 stable).
Moody's views this transaction as credit positive. Pro forma for
the transaction, the combined entity will benefit from greater
operating scale and revenue diversification. Management expects
this transaction to close by the second half of 2025. According to
management, this transaction will not be considered a change of
control under its debt agreements. Under the terms of the
transaction, Uniti's shareholders will own 62% of the combined
company and Windstream's shareholders will own 38%. In addition,
the transaction structure allows both companies' existing debt
structures to remain in-place at closing, reducing financing
requirements and costs.

RATINGS RATIONALE

Windstream's B3 CFR, reflects the company's (i) elevated leverage,
(ii) continued declining revenue trends and (iii) execution risks
associated with the company's sizable capex program to expand its
fiber footprint and upgrade its legacy copper network. Over the
next two years, Moody's projects Windstream will spend around $1.3
billion in net capex to connect 2 million homes, or 48% of its
total passings with fiber, up from around 1.46 million homes at
December 31, 2023. Moody's believes this undertaking will limit the
company's financial flexibility by keeping leverage at elevated
levels and constrain financial resources by allocating most of the
company's operating cash flows to fund this project. Under Moody's
base case, total debt-to-EBITDA (inclusive of Moody's adjustment)
will remain elevated at around 4.1x until year end 2025.

At the same time the rating takes into considerations the company's
moderate operating scale and good liquidity, with no significant
debt maturities prior to 2027, and $475 million in availability
under the company's undrawn revolving credit facility expiring in
January 2027. In addition, Moody's believes the company's
fiber-to-the-home (FTTH) strategy to connect around 48% of its
footprint with fiber is necessary to reverse declining legacy
revenue trends, fend off competitors and improve long term value.
For 2024 and 2025, Moody's projects Windstream's negative revenue
trends will slightly improve declining by -2.6% and -1.3%,
respectively and EBITDA margins to improve as the company exits low
margin contracts within its Enterprise segment.

Moody's expects Windstream to have good liquidity over the next
year. This is supported by around $50 million in cash and cash
equivalents, and over $300 million in availability (net of $165
million in letters of credit) under the company's senior secured
revolving credit facility expiring January 2027. The senior secured
revolving credit facility will step down from $500 million to $475
million in September 21, 2024 through its expiration date of
January 23, 2027.  

Windstream's senior secured revolving credit facility has financial
maintenance covenants that require a maximum total net leverage
ratio of 3.5x, and a maximum senior secured first lien net leverage
of 2.25x. As of December 31, 2023, the company was in compliance
with these financial covenants, and  Moody's expect the company
will maintain ample cushion over the next 12 to 15 months.

The stable outlook reflects Moody's expectations that over the next
12 to 18 months, Windstream's negative revenue trends and EBITDA
margins will improve, leverage will remain relatively flat, and the
company will maintain good liquidity.

FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS

The ratings could be upgraded if Windstream's grows revenue and
EBITDA organically, total debt-to-EBITDA (inclusive of Moody's
adjustments) is sustained below 4.0x and the company's liquidity
improves.

The ratings could be downgraded if the company's liquidity position
and operating performance deteriorate, total debt-to-EBITDA
(inclusive of Moody's adjustments) is sustained above 5.0x, or the
company's fiber-to-the home growth strategy stalls.

Headquartered in Little Rock, AR, Windstream Services, LLC is a
wireline operator. The company offers managed communications and
high-capacity bandwidth and transport services to businesses across
the US, and provides premium broadband, entertainment and security
services through an enhanced fiber network to consumers and small
and midsize businesses primarily in rural areas in 18 states.

The principal methodology used in these ratings was
Telecommunications Service Providers published in November 2023.


WOM SA: Reaches Deal With Noteholders on Ch. 11 Dismissal Bid
-------------------------------------------------------------
Emily Lever of Law360 reports that noteholder deal spares telecom
WOM from Chapter 11 dismissal.

Chilean telecommunications company WOM told Delaware's bankruptcy
court it reached a deal with a group of noteholders and the
unsecured creditors committee to resolve their bid to dismiss the
debtor's bankruptcy case.

                About WOM SA

WOM is a Chilean telecommunications provider, focused on offering
mobile voice, data, and broadband services, along with a rapidly
expanding "Fiber to the Home" broadband offering, to consumers and
businesses in Chile. Since the acquisition of Nextel Chile in 2015
through Novator Partners LLP's investment vehicle NC Telecom AS,
WOM has expanded from having virtually no market share to
establishing itself as the second-largest mobile network operator
in Chile.

WOM sought relief under Chapter 11 of the U.S. Bankruptcy Code
(Bankr. D. Del. Lead Case No. 24-10628) on April 1, 2024. In the
petition filed by Timothy O'Connoer, as independent director, the
Debtor reports estimated assets and liabilities between $1 billion
and $10 billion each.

The Honorable Bankruptcy Judge Karen B. Owens oversees the case.

The Debtors tapped White & Case, LLP as general bankruptcy counsel;
Richards, Layton & Finger, P.A. as local bankruptcy counsel;
Riveron Consulting, LLC as financial advisor; and Rothschild & Co
US Inc. as investment banker. Kroll Restructuring Administration,
LLC is the claims agent.










WORKHORSE GROUP: Regains Compliance with Nasdaq's Listing Rules
---------------------------------------------------------------
Workhorse Group Inc. announced July 3, 2024, the receipt of a
formal notification from The Nasdaq Stock Market LLC that the
Company has regained compliance with the minimum bid price of $1.00
per share, as required by Listing Rule 5550(a)(2).

As previously disclosed, the Company received notice from Nasdaq on
Sept. 22, 2023 indicating that the closing bid price for
Workhorse's common stock had fallen below the minimum bid price for
continued listing for 30 consecutive trading days and was no longer
in compliance with the minimum bid requirement.  As also previously
disclosed, on March 21, 2024, the Company received notice from
Nasdaq granting the Company's request for a 180-day extension to
regain compliance with the minimum bid requirement.  To regain
compliance, the Company was required to have a minimum closing bid
price of at least $1.00 per share for ten consecutive trading days;
Nasdaq confirmed on July 3 that the Company is now in compliance
with Listing Rule 5550(a)(2).

As previously announced, the Company effected a 1-for-20 reverse
stock split of its common stock on June 17, 2024, intended to
increase the market price of Workhorse's common stock, after which
the common stock began trading on a split-adjusted basis.

                      About Workhorse Group

Workhorse Group Inc. -- http://www.workhorse.com-- is a technology
company focused on providing electric vehicles to the last-mile
delivery sector. As an American original equipment manufacturer,
the Company designs and builds high performance, battery-electric
trucks. Workhorse also develops cloud-based, real-time telematics
performance monitoring systems that are fully integrated with its
vehicles and enable fleet operators to optimize energy and route
efficiency. All Workhorse vehicles are designed to make the
movement of people and goods more efficient and less harmful to the
environment.

Cincinnati, Ohio-based Grant Thornton LLP, the Company's auditor
since 2018, issued a "going concern" qualification in its report
dated March 12, 2024, citing that the Company incurred a net loss
of $123.9 million and used $123.0 million of cash in operating
activities during the year ended Dec. 31, 2023, and as of that
date, the Company had total working capital of $40.5 million,
including $25.8 million of cash and cash equivalents, and an
accumulated deficit of $751.6 million. These conditions, along with
the other matters, raise substantial doubt about the Company's
ability to continue as a going concern.


WW INTERNATIONAL: BlackRock Holds 1.8% Stake as of June 30
----------------------------------------------------------
BlackRock, Inc. disclosed in a Schedule 13G/A Report filed with the
U.S. Securities and Exchange Commission that as of June 30, 2024,
it has ceased to be the beneficial owner of more than 5 percent of
WW International Inc.'s common stock. BlackRock is reported to
beneficially own 1,447,277 shares as of June 30, representing 1.8%
of the shares outstanding.

A full-text copy of BlackRock's SEC Report is available at:

                  https://tinyurl.com/4xzx3msv

                     About WW International

Headquartered in New York, WW International Inc. is a technology
company at the forefront of weight health, grounded in nutritional
and behavior change science.  The Company is powered by its weight
loss and weight management programs, its award-winning app and its
commitment to tailoring solutions for its members to improve their
weight health, including providing medical weight management
treatment via access to clinician-prescribed weight management
medications and related support through the WeightWatchers Clinic
affiliated practices.

WW International reported a net loss of $112.25 million in 2023
following a net loss of $256.87 million in 2022. As of March 30,
2024, WW International had $654.25 million in total assets, $1.76
billion in total liabilities, and a total deficit of $1.11
million.

                           *     *     *

As reported by the TCR on March 13, 2024, S&P Global Ratings
downgraded New York-based WW International Inc.'s ICR to 'CCC+'
from 'B-'.  S&P said the negative outlook reflects the possibility
that S&P could lower its rating on WW if it is unable to improve
its performance and it envisions a default occurring in the
subsequent 12 months.


XTC HOLDINGS: Gregory Jones of Stradling Named Subchapter V Trustee
-------------------------------------------------------------------
The U.S. Trustee for Region 16 appointed Gregory Jones, Esq., at
Stradling Yocca Carlson & Rauth, PC as Subchapter V trustee for XTC
Holdings, LLC.

Mr. Jones will be paid an hourly fee of $575 for his services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.  

Mr. Jones declared that he is a disinterested person according to
Section 101(14) of the Bankruptcy Code.

The Subchapter V trustee can be reached at:

     Gregory K. Jones, Esq.
     Stradling Yocca Carlson & Rauth, PC
     10100 N. Santa Monica Boulevard, Suite 1400
     Los Angeles, CA 90067
     Telephone: (424) 214-7000
     Facsimile: (424) 214-7010
     Email: gjones@stradlinglaw.com

                        About XTC Holdings

XTC Holdings, LLC filed a petition under Chapter 11, Subchapter V
of the Bankruptcy Code (Bankr. C.D. Calif. Case No. 24-15023) on
June 26, 2024, with $500,001 to $1 million in both assets and
liabilities.

Judge Vincent P. Zurzolo presides over the case.


ZACHRY HOLDINGS: Claimholders' Committee Files Rule 2019 Statement
------------------------------------------------------------------
The Statutory Unsecured Claimholders' Committee of Zachry Holdings,
Inc., et al., filed a verified statement pursuant to Rule 2019 of
the Federal Rules of Bankruptcy Procedure.

On June 4, 2024 (the "Formation Date"), the Office of the United
States Trustee for the Southern District of Texas appointed the
Committee (the "Appointment Notice").

The names and addresses of the current Committee members are as
follows:

1. Sunbelt Rentals, Inc., and Sunbelt Rentals
   Scaffold Services LLC (collectively, "Sunbelt")
   1799 Innovation Pt
   Fort Mill, SC 29715

2. Bigge Crane and Rigging Co. ("Bigge")
   10700 Bigge Street
   San Leandro, CA 94577

3. Rush, LLC a/k/a Rush Resources ("Rush")
   2781 County Road 639
   Buna, Texas 77612

4. Innovative Heat Treatment Solutions ("Innovative")
   111318 Hirsch Road
   Houston, TX 77016

5. Calcam Logistics & Contracting, LLC ("Calcam")
   3010 Spurlock Road
   Nederland, TX 77627

6. P&I Supply ("P&I")
   2220 North Fares Avenue
   Evansville, IN 47711

The Committee members hold unsecured claims against the Debtors'
estates pursuant to a variety of business and other relationships.
The nature and amount of all disclosable economic interests as
defined in Bankruptcy Rule 2019(a)(1) held by each Committee member
in relation to the Debtors as of the Formation Date are as follows:


1. Sunbelt: an unsecured claim of $110,754,769.04;

2. Bigge: an unsecured claim of $14,746,479;

3. Rush: an unsecured claim of $12,566,163;

4. Innovative: an unsecured claim of $4,622,399;

5. Calcam: an unsecured claim of $1,376,773; and

6. P&I: an unsecured claim of $4,179,370.90.

Proposed Counsel to the Statutory Unsecured Claimholders'
Committee:

     GRAY REED
     Jason S. Brookner, Esq.
     1300 Post Oak Blvd., Suite 2000
     Houston, Texas 77056
     Telephone: (713) 986-7000
     Facsimile: (713) 986-7100
     Email: jbrookner@grayreed.com

           - and –

     PROSKAUER ROSE LLP
     Ehud Barak, Esq.
     Daniel Desatnik, Esq.
     Eleven Times Square
     New York, NY 10036-8299
     Telephone: (212) 969-3000
     Facsimile: (212) 969-2900
     Email: ebarak@proskauer.com
            ddesatnik@proskauer.com

           - and –

     Paul V. Possinger, Esq.
     Three First National Plaza
     70 West Madison, Suite 3800
     Chicago, IL 60602-4342
     Telephone: (312) 962-3570
     Email: ppossinger@proskauer.com

                    About Zachry Holdings

Zachry Holdings, Inc., is the engineering, construction,
maintenance, turnaround and fabrication services offshoot of the
storied family-owned business that began as H.B. Zachry Company one
hundred years ago. The other offshoot, Zachry Construction, has
operated separately from Zachry Industrial since the two businesses
branched off from their common roots in 2008.  The Zachry Group
provides engineering and construction services to clients in the
energy, chemicals, power, manufacturing, and industrial sectors
across North America.

None of the entities affiliated with Zachry Construction are
Debtors in the chapter 11 cases.

Zachry Holdings and its subsidiaries sought protection under
Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Lead Case
No. 24-90377) on May 21, 2024, with $1 billion to $10 billion in
assets and liabilities.

James R. Old, general counsel, signed the petitions.

Judge Marvin Isgur presides over the case.

The Debtors tapped White & Case LLP as general bankruptcy counsel;
Susman Godfrey L.L.P. and Hicks Thomas, LLP as special litigation
counsel; and Kurtzman Carson Consultants as notice & claims agent.


ZACHRY HOLDINGS: Gets Assurance for 2022, 2023 Work Costs Payment
-----------------------------------------------------------------
Ruth Liao of Bloomberg Law reports that Zachry Holdings Inc., the
lead contractor of the Golden Pass liquefied natural gas export
facility, said it received assurances in 2022 and 2023 that it
would be paid for its work, despite mounting costs at the massive
Texas plant.

Zachry said in a bankruptcy filing made late on June 21, 2024 that
Golden Pass shareholders Exxon Mobil Corp. and QatarEnergy assured
Zachry that it would be reimbursed. Exxon and QatarEnergy
recognized that the project could not be completed at the original
price or schedule despite public statements, the contractor said.

                     About Zachry Holdings

Zachry Holdings, Inc., is the engineering, construction,
maintenance, turnaround and fabrication services offshoot of the
storied family-owned business that began as H.B. Zachry Company one
hundred years ago. The other offshoot, Zachry Construction, has
operated separately from Zachry Industrial since the two businesses
branched off from their common roots in 2008. None of the entities
affiliated with Zachry Construction are Debtors in these chapter 11
cases. The Zachry Group provides engineering and construction
services to clients in the energy, chemicals, power, manufacturing,
and industrial sectors across North America.

The Debtors sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. S.D. Tex. Lead Case No. 24-90377) on May 21, 2024,
with $1 billion to $10 billion in assets and liabilities. James R.
Old, general counsel, signed the petitions.

Judge Marvin Isgur presides over the case.

The Debtors tapped White & Case LLP as general bankruptcy counsel;
Susman Godfrey L.L.P. and Hicks Thomas, LLP as special litigation
counsel; and Kurtzman Carson Consultants as notice & claims agent.


ZHANG MEDICAL: Seeks to Hire Harper Danesh as Pension Plan Actuary
------------------------------------------------------------------
Zhang Medical, PC, doing business as New Hope Fertility Center,
seeks approval from the U.S. Bankruptcy Court for the Southern
District of New York to employ Harper Danesh, LLC as pension plan
actuary.

The firm will render these services:

     (a) calculate individual benefit accruals under the Defined
Pension Plan;

     (b) prepare actuarial valuation reports;

     (c) prepare government filing;

     (d) calculate year-end accounting liabilities; and

     (e) perform such other actuarial services in connection with
the Defined Pension Plan as may be necessary or proper in this
Chapter 11 proceeding.

The hourly rates of the firm's professionals are as follows:

     Erica A. Harper   $350
     Robert H. Danesh  $350

In addition, the firm will seek reimbursement for expenses
incurred.

Erica Harper, a partner at Harper Danesh, disclosed in a court
filing that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Erica A. Harper, ASA, MAAA, EA
     Harper Danesh, LLC
     399 Alexander Street
     Rochester, NY 14607
     Telephone: (585) 319-4218
     
                       About Zhang Medical

New York-based Zhang Medical P.C. specializes in low and no-drug
infertility solutions that help women conceive with minimal
invasiveness. It conducts business under the name New Hope
Fertility Clinic.

Zhang Medical filed a petition under Chapter 11, Subchapter V of
the Bankruptcy Code (Bankr. S.D.N.Y. Case No. 23-10678) on April
30, 2023, with $1 million to $10 million in both assets and
liabilities. Eric Huebscher has been appointed as Subchapter V
trustee.

Judge Philip Bentley oversees the case.

The Debtor tapped Joseph D. Nohavicka, Esq., at Pardalis &
Nohavicka, LLP as legal counsel.

David Crapo is the patient care ombudsman appointed in the Debtor's
Chapter 11 case.


[*] 8 Famous Firms That Went Bankrupt in 2024
---------------------------------------------
Chris Adam of Yahoo! Finance reports on the 8 popular companies
that went bankrupt in 2024.

The news earlier this year that Red Lobster was filing for
bankruptcy may have made you curious about how your other favorite
businesses are doing in 2024. After all, we’ve heard plenty of
reports of the impact of inflation and general struggles for parts
of the economy.

While many people equate bankruptcy with going out of business,
that's not always the case. In fact, it’s a move that can help
businesses come back even stronger.

Red Lobster filed for Chapter 11 bankruptcy, which is a move that
can help it recover. This type of bankruptcy allows organizations
to restructure, create debt-payment plans and stay operational.

However, it's not always successful. In fact, according to InCharge
Debt Solutions, "Only about 10% of Chapter 11 filings result in
success; far more often, they end up in Chapter 7 straight
bankruptcy, in which the company closes and its assets are sold to
pay back secured creditors."

Here's a look at the popular companies that have gone bankrupt in
2024 (so far).

Wealthy people know the best money secrets. Learn how to copy
them.

1. Red Lobster

Some diners still find it hard to believe that the world’s
largest seafood restaurant chain filed for bankruptcy. According to
CNN, “Red Lobster said that it had more than $1 billion in debt
and less than $30 million in cash on hand.”

More important to diners is that Red Lobster continues to close
locations. That means the chain that brought affordable shrimp and
lobster to families is now leaving many communities across the
United States.

2. iSun

According to Intellizence, iSun filed for Chapter 11 bankruptcy
this month. iSun is a provider of solar energy systems — and its
bankruptcy has some analysts concerned about the health of the
industry overall.

Higher interest rates may have played a part in the challenges for
iSun. After all, those higher rates hurt the company and made
customers less likely to finance the purchase of iSun's products.

3. LaVie Care Centers

One of the largest operators of skilled nursing facilities in the
U.S. filed for Chapter 11 bankruptcy this month. According to
Becker's Hospital Review, "Atlanta-based LaVie Care Centers files
for Chapter 11 bankruptcy, citing high labor costs and pandemic
impact."

LaVie operates dozens of nursing homes and assisted living
facilities, under multiple names, in five states with more than
3,500 employees.

4. Takeoff Technologies

The name might not suggest it, but Takeoff Technologies is part of
the e-commerce industry. It filed for Chapter 11 bankruptcy this
spring.

The grocery e-commerce fulfillment provider’s bankruptcy comes
amid challenges in the industry. According to Grocery Dive, "While
grocery e-commerce — and demand for service providers to help
streamline online order fulfillment — quickly rose during the
pandemic, grocers have now pivoted their attention to retaining
price-sensitive shoppers and grappling with the fading sales boosts
they had received from the pandemic and inflation."

5. rue21

Many retailers have struggled lately with inflation making shoppers
uneasy and stiff competition from online options. That's the case
with rue21 — the teen fashion retailer filed for Chapter 11
bankruptcy and announced plans to close all its stores.

This is not the first trouble for rue21. The retailer has filed for
bankruptcy twice before.

6. Joann

Fabric and crafts store Joann filed for bankruptcy in March.
However, its stores are not expected to close.

Joann has a big footprint in the U.S. — about 850 stores in 49
states. According to NBC News, "The company went public in 2021 as
the pandemic lingered and during an apparent boom in at-home,
do-it-yourself consumer activity."

7. Express

Here’s the story of another struggling retailer. Express, which
includes its namesake banner, Bonobos and UpWest, filed for Chapter
11 bankruptcy and announced plans to close dozens of shops.

According to CNBC, "The longtime mall retailer has failed to stay
on trend and keep up with shifting consumer demand, which has led
sales to plummet in recent years."

One factor is likely the pandemic. As more workers shifted to
remote opportunities, they spent less on formal and casual
workwear. In addition, Express has struggled with costs for their
mall locations, many of which have seen reduced foot traffic.

8. KidKraft

Toy brands and retailers have been facing recent challenges. Dips
in sales have led some companies to make changes.

KidKraft, a toy company, filed for Chapter 11 bankruptcy and said
it would sell its U.S. and Canadian assets to Backyard Products. It
has been in business for more than 50 years.

In a statement, CEO Geoffrey Walker said, "We are confident that
with the strong support of new ownership, KidKraft will be on track
to continue inspiring imaginative play experiences through our
impressive range of high-quality products."


[*] Commercial Chapter 11 Filings Rise 70% in 1st Half of 2024
--------------------------------------------------------------
Epiq reports that commercial Chapter 11 filings increased 70% in
first half of 2024, total filings increased 7%.

The 987 total commercial chapter 11 bankruptcies filed during the
first six months of 2024 represented a 70% increase over the 582
filed during the same period in 2023, according to Epiq AACER, a
provider of U.S. bankruptcy filing data.

All chapters increased in June 2024 compared to June 2023. Overall
commercial filings registered 2,743 for the first half of 2024,
representing a 27% increase from the commercial filing total of
2,154 for the first half of 2023. Small business filings, captured
as subchapter V elections within chapter 11, totaled 306 in the
first six months of 2024, a 76% increase from the 174 elections
during the same period in 2023.

"Commercial filing trends continue to show strong double-digit
percentage increases in year-over-year filings, while individual
filings increased at a much lower rate compared to commercial
filings in the first half of 2024," Michael Hunter, vice president
of Epiq AACER. "I expect a strong demand in individual filings
ahead of us, especially considering the large increase in
commercial filings, consumer debt levels, high interest rates and
overall increased costs with relatively flat household income. The
time frame from the onset of individual financial stress to a
bankruptcy filing is generally six to 18 months."

Total bankruptcy filings were 40,262 during the first six months of
2024, a 7% increase from the 37,790 total filings during the same
period a year ago. Total individual filings registered a 5%
increase, as the 37,519 filings during the first half of 2024 were
up from the 35,636 filings during the first six months of 2023. The
15,228 individual chapter 13 filings in the first half of 2024
represent a 2% increase over the 14,991 filings during the same
period in 2023.

"The continued increase in bankruptcy filings reflects the growing
economic strain on businesses and households," Amy Quackenboss,
executive director of the American Bankruptcy Institute, said. "We
hope that efforts continue on Capitol Hill to reinstate higher
debt-eligibility limits for small businesses and chapter 13 filers
to create greater access and a more efficient process for small
businesses and families to achieve a financial fresh start."

Due to a statutory sunset that was unable to be extended by
Congress before June 21, the enhanced subchapter V debt limit
established in March 2020 dropped from $7.5 million to $3,024,725,
and the chapter 13 threshold of $2.75 million for both secured and
unsecured debt reverted back to a two-part test limiting
eligibility to a maximum of $465,275 for unsecured debt and
$1,395,875 for secured debt.

Sen. Richard Durbin (D-Ill.), who, along with a group of bipartisan
senators, had introduced S. 4150 on April 17, 2024 to extend the
enhanced limits for subchapter V elections and chapter 13 filers
for an additional two years, has vowed to continue to try to
restore greater access for small businesses and consumers. ABI's
Subchapter V Task Force in its final report and recommendations to
Congress supports an eligibility limit of $7.5 million in aggregate
noncontingent, liquidated debt for small businesses looking to
reorganize under subchapter V.


[*] Paladin Management Adds Amy Kirschner to Partnership Team
-------------------------------------------------------------
Paladin Management, the middle-market advisory firm driving value
creation through financial and operational consulting services, has
further strengthened its partnership roster with new hire Amy
Kirschner.

As a senior professional in corporate and investment banking with
success in credit origination, structuring, portfolio management,
and debt restructuring, Kirschner is ideally suited to joining the
Paladin team. Her extensive experience spans asset-based and
reverse-based lending, commodity trade financing, and leveraged
finance across various industries and business segments.

Offering a wide array of advisory services in interim management,
crisis management and restructuring, the turnaround specialists
were listed on Inc Magazine's list of fastest-growing private
companies in America, reflecting the consultancy's sustained
triple-digit growth year on year.

Commenting on the new hire, Paladin founder Scott Avila noted,
"With experience from a leading investment bank, Amy Kirschner
brings a new and complimentary perspective on lending and
restructuring to the Paladin team. As a company that believes in
inclusion and diversity, we are also proud to promote another
female leader and value her insights and skillset. Amy's diverse
middle-market experience allows her to quickly understand client
issues, prioritize, and identify key pressure points. She knows
what bankers and other creditors are thinking and what they need.
Amy is a consensus builder and a problem solver, something that is
at the heart of what we do at Paladin."

Working with BNP Paribas in New York since 1995, Kirschner leaves
the premier French bank as a Managing Director in Asset
Restructuring, where she was responsible for identifying financial
and strategic alternatives and negotiating the restructure of
complex distressed credits. Her work spanned North America, LATAM,
Europe, and Australia, including out-of-court and bankruptcy
recapitalizations, distressed refinancings, debt sales, Chapter 11
plans, and asset liquidations. She also collaborated with
stakeholders to engage new boards, interim management teams, and
key advisors.

Commenting on her move to Paladin, Amy Kirschner concluded, "I am
delighted to be joining Paladin Management at a time when there is
so much opportunity to create value for middle market companies
facing complicated turnaround and restructuring situations. I am
looking forward to taking on the complex financial and legal
challenges faced by our clients and getting immersed in the
technical and operational issues at hand. My mantra is to maximize
value while minimizing liability, something which appears to
resonate at Paladin. I can't wait to get started."

Amy received her BSc in French and Economics from the University of
Michigan. Prior to her tenure with BNP Paribas, she also worked at
Chase Manhattan Bank and other large financial institutions.

                           About Paladin

With offices nationwide, Paladin provides a range of middle-market
services in restructuring, transaction advisory, performance
improvement, strategic communications, HR, and strategic advisory.
For more information, visit http://www.paladinmgmt.com/


[*] Seward & Kissel Welcomes Anton Levchik as New CFO
-----------------------------------------------------
Seward & Kissel LLP announced on July 9, that Anton Levchik joined
the firm as its Chief Financial Officer. Levchik comes to Seward &
Kissel LLP from Foley Hoag LLP, where he held the same position. He
brings significant experience leading financial operations of
professional services organizations. Prior to Foley Hoag LLP, he
served in senior finance roles across several global law firms:
Clyde & Co., Freshfields Bruckhaus Deringer LLP, and Linklaters
LLP.

"Adding Anton to the executive team is yet another strategic move
to provide our world-class lawyers with equally talented leadership
across the firm," said Jim Cofer, managing partner of Seward &
Kissel. "His financial stewardship will strengthen our firm's
foundation as we proceed toward an exciting future."

Seward & Kissel has made a series of key executive hires in the
last two years strengthening the firm's leadership at a time of
strategic growth. Earlier this year, Nora Shearer, the former chief
marketing officer at Shearman & Sterling, joined as chief marketing
and business development officer. Andrew Notaro became the
first-ever chief operating officer of Seward & Kissel in 2022 after
serving at other elite firms, including Skadden, Arps, Slate,
Meagher & Flom and Orrick, Herrington & Sutcliffe. In addition,
Mary Walls was recently promoted to chief talent officer, a new
position at the firm created to execute on the firm's lateral
strategy.

"We're striving to build a best-in-class team in the C-suite of
Seward & Kissel," Notaro said. "Anton's knowledge and experience in
the legal sector certainly fit the bill."

"I'm thrilled to be joining a firm with Seward & Kissel's
reputation," Levchik said. "The opportunity to work with such a
talented group of lawyers is extremely exciting."

Levchik is a certified public accountant. He holds an MBA from the
New York University's Stern School of Business and a Bachelor of
Science degree in accounting from Fordham University.

                  About Seward & Kissel LLP

Seward & Kissel LLP, founded in 1890, is a leading U.S. law firm
with offices in New York City and Washington, D.C., with particular
expertise in the financial services, investment management,
banking, and shipping industries. The firm is well known for its
representation of investment advisers and related investment funds,
broker-dealers, major commercial banks, institutional investors,
and transportation companies (particularly in the shipping area).
Its practices primarily focus on corporate, M&A, securities,
litigation (including white collar), restructuring/bankruptcy, real
estate, regulatory, tax, employment, and ERISA for clients seeking
legal expertise in these areas.


[*] Small Biz Ch.11s Rise Before Lapse of Sub V Liability Limit
---------------------------------------------------------------
Hilary Russ of Law360 Bankruptcy Authority reports that small
business Chapter 11s soared before Subchapter V liability limit
lapsed.

U.S. bankruptcies under Subchapter V of Chapter 11 surged to a
single-day record last week, as small businesses including packaged
waffle maker Recipe rushed to file before the expiration of a key
provision that would have made some of them ineligible.



[] BOOK REVIEW: The Turnaround Manager's Handbook
-------------------------------------------------
Author:  Richard S. Sloma
Publisher:  Beard Books
Soft cover:  226 pages
List Price:  $34.95

Review by Gail Owens Hoelscher

In the introduction to this book, the author suggests that an
accurate subtitle could be "How to Become a Successful Company
Doctor."  Using everyday medical analogies throughout, he targets
"corporate general practitioners" charged with the fiscal health of
their companies.  

As with many human diseases, early detection of turnaround
situations is critical. The author describes turnaround situations
as a continuum differentiated by length of time to disaster: "Cash
Crunch," "Cash Shortfall," "Quantity of Profit," and "Quality of
Profit."  

The book centers on 13 steps to a successful turnaround. The steps
are presented in a flowchart form that relates one to another.
Extensive data collection and analysis are required, including the
quantification of 28 symptoms, the use of 48 diagnostic and
analytical tools, and up to 31 remedial actions.  (In case the
reader balks at the effort called for, the author points out that
companies that collect and analyze such data on a regular basis
generally don't find themselves in a turnaround situation to begin
with!)

The first step is to determine which of 28 symptoms are plaguing
the company. The symptoms generally pertain to manufacturing firms,
but can be applied to service or retail companies as well.  Most of
the symptoms should be familiar to the reader, but the author lays
them out systematically, and relates them to the analytical tools
and remedial actions found in subsequent chapters. The first seven
involve the inability to make various payments, from debt service
to purchase commitments.  Others include excessive debt/equity
ratio; eroding gross margin; increasing unit overhead expenses;
decreasing product line profitability; decreasing unit sales; and
decreasing customer  profitability.

Step 2 employs 48 diagnostic and analytical tools to derive
inferences from the symptom data and to judge the effectiveness of
any proposed remedy.  The author begins by saying ". . . if the
only tool you have is a hammer, you will view every problem only as
a nail!"  He then proceeds to lay out all 48 tools in his medical
bag, which he sorts into two kinds, macro- and micro- tools.
Macro-tools require data from several symptoms or assess and
evaluate more than a single symptom, whereas micro-tools more
general-purpose in function. The 12 macro-tools run from "The Art
of Approximation" to "Forward-Aged Margin Dollar Content in Order
Backlog."   The 36 micro-tools include "Product Line Gross Margin
Percent Profitability," Finance/Administration People-Related
Expenses As Percent Of Sales," and "Cumulative Gross $ by Region."

Next, managers are directed to 31 possible remedial actions,
categorized by the four stage turnaround continuum described above.
The first six actions are to be considered at the Cash Crunch
stage, and range from a fire-sale of inventory to factoring
accounts receivable.  The next six deal with reducing
people-related expenses, followed by 13 actions aimed at reducing
product- and plant-related expenses.  The subsequent five actions
include eliminating unprofitable products, customers, channels,
regions, and reps.  Finally, managers are advised on increasing
sales and improving gross margin by cost reduction in various
ways.

The remaining steps involve devising the actual turnaround plan,
ensuring management and employee ownership of the plan, and
implementing and monitoring the plan. The advice is comprehensive,
sensible and encouraging, but doesn't stoop to clich, or empty
motivational babble.  The author has clearly operated on patients
before and his therapeutics have no doubt restored many a firm's
financial health.



                            *********

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
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Monthly Operating Reports are summarized in every Saturday edition
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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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                            *********

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Copyright 2024.  All rights reserved.  ISSN: 1520-9474.

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