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

              Monday, February 10, 2025, Vol. 29, No. 40

                            Headlines

1550 BEDFORD: Seeks to Hire Avison Young as Real Estate Broker
1550 BEDFORD: Taps Law Offices of Isaac Nutovic as Counsel
18222 YORBA: Case Summary & 20 Largest Unsecured Creditors
1901 W. PLATT: To Sell Tampa Property to B.A.C.H. for $2.85MM
22ND CENTURY: Registers 104K Shares for Resale by Stockholders

22ND CENTURY: Registers Additional Shares Under Incentive Plan
2446 ENCINAL: Hires William B. Kingman P.C. as Counsel
2617-23 FOSTER AVE: Case Summary & 12 Unsecured Creditors
271 WEST 11TH: Seeks to Hire Rachel S. Blumenfeld PLLC as Attorney
277 WINTHROP: Sec. 341(a) Meeting of Creditors on March 3

A.B.O.D.E. TREATMENT: Scott Seidel Named Subchapter V Trustee
ACCURIDE CORP: Gets Court Okay to Tap Additional $20MM Ch. 1 1 Loan
ACJK INC: Seeks to Hire Joseph J. Bogdan as Special Counsel
AGRO RESEARCH: Gets OK to Use Cash Collateral Until March 31
AIR CANADA: Egan-Jones Hikes Senior Unsecured Ratings to B

AKOUSTIS TECHNOLOGIES: Court Amends Final Cash Collateral Order
ALPHA EQUIPMENT: Case Summary & Seven Unsecured Creditors
ALTA VISTA: No Decline in Resident Care, 5th PCO Report Says
AMERICAN TIRE: Claims to be Paid From Asset Sale Proceeds
APOLLO COMMERCIAL: Egan-Jones Hikes Senior Unsecured Ratings to BB+

ARTISAN FOODIE: Ruediger Mueller of TCMI Named Subchapter V Trustee
ASPEN ELECTRONICS: Unsecureds Will Get 100% of Claims in Plan
ASPIRA WOMEN'S: Names Michael Buhle CEO, James Crawford Finance VP
AUBURN PETROLEUM: Sec. 341(a) Meeting of Creditors on February 26
AVANTE HEALTH: Exits Bankruptcy With Staple Street Recapitalization

AVIENT CORP: Egan-Jones Retains BB- Senior Unsecured Ratings
AVIS BUDGET: Egan-Jones Retains BB Senior Unsecured Ratings
AW CONCORDIA: Gets Interim OK to Use Cash Collateral Until April 30
AZTEC FUND: To Sell 3 Office Bldgs. to Resolve Chap. 11 Dispute
B-1208 PINE: Unsecureds' Recovery "Unknown" in Creditor's Plan

BALLISTIC FABRICATION: Gets Extension to Access Cash Collateral
BANK5 2025-5YR13: Fitch Assigns 'B-(EXP)sf' Rating on Two Tranches
BEECH INTERNATIONAL: Gets Extension to Access Cash Collateral
BEYOND AIR: Registers $200-Mil. Securities Offering
BHAVICHAND LLC: Gets Interim OK to Use Cash Collateral

BIG LOTS: Seeks Court OK to Sell Headquarters for $36MM
BLINK HOLDINGS: Updates Unsecured Claims Pay; Files Amended Plan
BOEING COMPANY: Egan-Jones Retains B Senior Unsecured Ratings
BRIGHT LAKES: To Sell 4.5 Acres Land to Team KAM for $1.1MM
BRINKER INTERNATIONAL: Egan-Jones Hikes Sr. Unsec. Ratings to B+

BROOKDALE SENIOR: Egan-Jones Retains CC Senior Unsecured Ratings
BRPS TITLE: Gets Interim OK to Use Cash Collateral Until April 15
BTG TEXTILES: Seeks Cash Collateral Access
BTG TEXTILES: Seeks to Tap Michael Berger as Legal Counsel
CALIFORNIA ENVIRONMENTAL: Seeks to Use Cash Collateral

CAREMAX INC: Unsecureds Will Get 0.22% of Claims in Plan
CARIBBEAN GOURMET: Hires Sherman C. Smith as Attorney
CAYMUS FUNDING: Seeks to Hire Scott B. Riddle LLC as Attorney
CELEBRATION COTTAGE: Hires Mary Cheatham as Real Estate Agent
CENTRAL HOUSEWARES: Jennifer Schank Named Subchapter V Trustee

CHAR GRILL BENSON: Case Summary & 14 Unsecured Creditors
CLEVELAND-CLIFFS INC: Fitch Rates New Unsec. Notes Due 2031 'BB-'
CLOUTER CREEK: Taps CBRE Valuation & Advisory Services as Appraiser
COLINEAR MACHINE: Taps McManimon Scotland & Baumann as Attorney
COMMUNITY HEALTH: Egan-Jones Retains CCC+ Sr. Unsecured Ratings

CONSOLIDATED COMMUNICATIONS: Egan-Jones Retains CCC+ Unsec. Ratings
CORNERSTONE HOME: Court Extends Cash Collateral Access to March 19
COUSIN ENTERPRISES: To Sell Bell Buckle Property to Delicia Cousin
COVERED BRIDGE: Committee Hires Zeisler & Zeisler as Counsel
CRICKET VALLEY: In Talks with Evercore to Restructure Debt

CROWN HOLDINGS: Egan-Jones Retains BB Senior Unsecured Ratings
CSG SYSTEMS: Egan-Jones Retains BB+ Senior Unsecured Ratings
CUCINA ANTICA: Business Asset Sale to Silver Palate Kitchen OK'd
CULLOO ENTERTAINMENT: Seeks to Hire Auerbach PLLC as Counsel
CYTOSORBENTS CORP: The Vanguard Group Holds 7.13% Stake

DAVID VELASQUEZ: Files Emergency Bid to Use Cash Collateral
DEEP SOUTH: Hires Silver Voit Garrett & Watkins as Attorney
DELTA AIR: Egan-Jones Hikes Senior Unsecured Ratings to BB
DIGITALSPEED COMMUNICATIONS: Case Summary & 11 Unsec. Creditors
DIOCESE OF SYRACUSE: Seeks Unknown Abuse Claimants Representative

DMD FLORIDA: Court Extends Cash Collateral Access to March 3
DONALD PATZ: Gina Klump Named Subchapter V Trustee
DTI HOLDCO: S&P Rates $1.29BB Senior Secured Term Loan 'B-'
EARTHSNAP INC: Hires Solsbery CPA LLC as Accountant
EDGEWELL PERSONAL: Egan-Jones Retains B Senior Unsecured Ratings

ELETSON HOLDINGS: Ex-Execs Want Chapter 11 Plan Enforcement Paused
EMERGENCY HOSPITAL: Gets Interim OK to Use Cash Collateral
ERC MANUFACTURING: Seeks Chapter 11 Bankruptcy in Puerto Rico
EYENOVIA INC: Effects 1-for-80 Reverse Stock Split
FAMILY OF CARE: PCO Reports No Resident Care Complaints

FIRST MODE: Gets Court Okay for Chapter 11 Plan Votes, $15MM Sale
FISERV INC: Egan-Jones Retains BB+ Senior Unsecured Ratings
FLUENT INC: Director James Geygan Holds 18,599 Common Shares
FOOTBALL NATION: Seeks to Hire Murphy & King as Bankruptcy Counsel
FOOTBALL NATION: Seeks to Sell Assets to TechCraft LLC

FOOTBALL NATION: Taps Craig R. Jalbert as Chief Operating Officer
FORTRESS HOLDINGS: Gets OK to Use Cash Collateral Until Feb. 25
FRANCHISE GROUP: Judge Refuses to Approve Disclosure Statement
FRANCHISE GROUP: Unable to Find Buyer to Rescue Entire Company
FREE SPEECH: Bankruptcy Trustee Blocks Sale of Infowars.com

GAMESTOP CORP: Egan-Jones Cuts Senior Unsecured Ratings to CCC-
GETTY IMAGES: S&P Rates New $1.05BB Term Loan B 'BB-'
GIRARDI & KEESE: Tom's Mental Evaluation Extended by 15 Days
GLOBALSTAR INC: Egan-Jones Cuts Senior Unsecured Ratings to CCC-
GREEN PLAINS: Egan-Jones Retains B- Senior Unsecured Ratings

GREENWAVE TECHNOLOGY: Lisa Lucas-Burke Joins Board of Directors
GRESHAM WORLDWIDE: Claims to be Paid From Ault's Exit Financing
GRUBHUB INC: S&P Affirms 'CCC+' ICR, Alters Outlook to Positive
H & H RENTAL: Gets OK to Use Cash Collateral Until Feb. 24
H-FOOD HOLDINGS: Creditors Object to Executive Bonus Plan

HCA INC: Egan-Jones Retains BB+ Senior Unsecured Ratings
HEART OF GOLD: Seeks Subchapter V Bankruptcy in Pennsylvania
HELIUS MEDICAL: Registers 6.2MM Class A Common Shares for Resale
HESS MIDSTREAM: Fitch Assigns 'BB+' Rating on Sr. Unsecured Notes
HGLK INC: Claims to be Paid From Ongoing Operations

HIGH SOCIETY: To Sell Retail Business Assets to Paddle North
HIREX INC: Case Summary & 20 Largest Unsecured Creditors
HIRSCH GLASS: Claims to be Paid From Available Cash and Income
HUMPER EQUIPMENT: Gets Interim OK to Use Cash Collateral
ILEARNINGENGINES INC: Taps Winston Mar of CR3 Partners as CRO

INFINERA CORP: Expects to Complete Merger With Nokia Unit in Q1
INNOV8TIVE NUTRITION: Seeks Subchapter V Bankruptcy in Texas
INNOVATIVE DESIGNS: Delays Annual Report for FY Ended Oct. 31
INNOVEREN SCIENTIFIC: Moves Executive Offices to Cincinnati, Ohio
INVERSIONES ALFA: Case Summary & Four Unsecured Creditors

ISLANDS INTERNATIONAL: Unsecureds Will Get 100% of Claims in Plan
J&D CUSTOMS: Seeks to Hire Cummings and Carroll as Accountant
JACKSON HOSPITAL: Secures DIP Loan to Stay Open During Bankruptcy
JASMINE R. ELMORE: Unsecureds Will Get 7% of Claims over 36 Months
JJ BADA: Seeks Subchapter V Bankruptcy in New Jersey

JMKA LLC: Hires Ben Schneider as General Bankruptcy Counsel
JOE'S AUTO: Amends Plan to Include Financial Pacific Secured Claim
JOSROD1 INC: Seeks Chapter 11 Bankruptcy in Florida
KAL FREIGHT: Trailer Manufacturers Sue for Theft, Fraud
KB HOME: Egan-Jones Retains BB Senior Unsecured Ratings

KINGDOM EXPRESS: Unsecureds Will Get 50% of Claims over 84 Months
LECLAIRRYAN PLLC: Co-Founder Wins Tax Liability Case Appeal
LI-CYCLE HOLDINGS: Amends Note Purchase Agreement, Glencore Notes
LIBERATED BRANDS: Feb. 11 Deadline Set for Panel Questionnaires
LIGADO NETWORKS: Gets Final Approval for $115MM Ch. 11 Financing

LILLY INDUSTRIES: Seeks Subchapter V Bankruptcy in California
LIMITED SERVICES: Egan-Jones Retains BB Senior Unsecured Ratings
LISBON CONCRETE: Taps Country Boys Auction & Realty as Auctioneer
MACON ARTS: Seeks Chapter 11 Bankruptcy in Georgia
MAGNOLIA SENIOR LIVING: No Decline in Resident Care, PCO Says

MAGNOLIA SENIOR: No Decline in Resident Care, Final PCO Report Says
MANNING LAND: Supplier Seeks to Prohibit Cash Collateral Access
MARINUS PHARMACEUTICALS: The Vanguard Group Holds 4.7% Stake
MARIZYME INC: Restates 2023 Financials Over Accounting Errors
MARK'S POOL: Hires Maschmeyer Marinas PC as Bankruptcy Counsel

MARY'S WOODS: Fitch Hikes IDR to 'BB+', Outlook Stable
MAT TRANSPORT: Gets OK to Hire May Potenza Baran as Counsel
MCR HEALTH: Court Extends Cash Collateral Access to Feb. 20
MCR HEALTH: Joseph Tomaino Submits Interim PCO Report
MEGNA HOSPITALITY: Hires Michael D. Kwasigroch as General Counsel

MEMPHIS CARPET: Craig Geno Named Subchapter V Trustee
MEMSTAR USA: Case Summary & 20 Largest Unsecured Creditors
MENORAH CAMPUS: Voluntary Chapter 11 Case Summary
MJD ENGINEERING: Seeks Chapter 11 Bankruptcy in California
MJM LANDSCAPE: Jody Corrales Named Subchapter V Trustee

MOMENTUM CONSULTING: Gets Final OK to Use Cash Collateral
MOSAIC SWNG: Gets Interim OK to Use Cash Collateral
NEW FORTRESS: S&P Downgrades ICR to 'B', Outlook Negative
NEW MILLENNIUM: S&P Affirms 'B' Rating on 2015 Charter School Bond
NEWS DIRECT: Seeks to Hire Charmoy & Charmoy as Bankruptcy Counsel

NEWS DIRECT: Seeks to Hire Smolin Lupin & Co as Accountant
NICK'S PIZZA: Court Extends Cash Collateral Access to April 7
NIKOLA CORP: Explores Possible Chapter 11 Bankruptcy
NORRIS TRAINING: Court Extends Cash Collateral Access to March 3
NOVA CONSTRUCTORS: Hires Dunham Hildebrand Payne as Counsel

OAKLAND PHYSICIANS: Hires Wachler & Associates as Special Counsel
OCEAN POWER: Registers 20MM Shares Under 2015 Incentive Plan
OCUGEN INC: Registers 57.5MM Shares for Sale
OFFICE DEPOT: Egan-Jones Retains BB- Senior Unsecured Ratings
OFFICE PROPERTIES: The Vanguard Group Holds 7.06% Stake

OMNIQ CORP: Two Directors Resign; Guy Elhanani Named Audit Chair
ONESOURCE COMMUNITY: PCO Reports No Staffing Challenges
ORANGE TUMBLER: Seeks to Hire Michael P. Boyd as Legal Counsel
OREGON TOOL: In Talks with Creditors for Fresh Money
ORLANDO MEDICAL: Asset Sale Proceeds to Fund Plan Payments

ORSIPEL V LLC: Case Summary & Two Unsecured Creditors
OUTFRONT MEDIA: The Vanguard Group Holds 13.04% Stake
OUTLOOK THERAPEUTICS: Issues $33.1M Convertible Note to Avondale
OUTLOOK THERAPEUTICS: Reclassifies L. Kenyon to Class III Director
PACE ROSEWOOD: Gets OK to Use Cash Collateral Until April 12

PACE ROSEWOOD: Wins Approval to Use Cash Collateral
PARADIGM CHIROPRACTIC: Angela Shortall Named Subchapter V Trustee
PARLOR RESTAURANT: Stephen Metz Named Subchapter V Trustee
PAVMED INC: Registers 166,667 Shares for Employee Stock Plan
PAVMED INC: Registers 576,170 Shares for Long-Term Incentive Plan

PDT INC: Unsecured Creditors Will Get 1.83% of Claims in Plan
PEACHY ATHLETIC: Claims to be Paid From Available Cash and Income
PINNACOL HOLDINGS: Hires Allen Vellone Wolf Helfrich as Counsel
PINNACOL HOLDINGS: Seeks Chapter 11 Bankruptcy in Colorado
PIVOTAL MED: Katharine Battaia Clark Named Subchapter V Trustee

PRECISION CASTPARTS: Egan-Jones Hikes Sr. Unsecured Ratings to B+
PRESTIGE PROPERTY: Hires Rodriguez Espola as Accountant
PRIME ELECTRICAL: Gets OK to Use Cash Collateral Until March 26
PROSPECT MEDICAL: Hires Sheppard Mullin as Special Counsel
PROSPECT MEDICAL: Inks Temporary Deal to Prevent Hospital Closures

PROSPECT MEDICAL: Receiver Assumes Control of Bankrupt Hospitals
PROSPECT MEDICAL: Seeks to Hires Ordinary Course Professionals
PROSPECT MEDICAL: U.S. Trustee Appoints Suzanne Koenig as PCO
QURATE RETAIL: Conference Call on Q4 2024 Earnings Set for Feb. 27
RAPID DRY: Seeks to Hire Baumeister Denz as Bankruptcy Counsel

REITER BROTHERS: Gets Interim OK to Use Cash Collateral
RELIABLE ROADSIDE: Unsecureds Will get 1.3% of Claims in Plan
RFNA LP: Fitch Assigns 'B+(EXP)' LongTerm IDR, Outlook Stable
RKSR INVESTMENTS: Seeks to Hire Lone Star Appraisals as Appraiser
ROGERS COMMUNICATIONS: S&P Rates Canadian Subordinated Notes 'BB'

ROGERS COMMUNICATIONS: S&P Rates New US$-Denominated Sub Notes 'BB'
ROSA COPLON: Voluntary Chapter 11 Case Summary
ROTI RESTAURANTS: Court OKs Minnesota Restaurants Sale to Broadpeak
RRD PARENT: S&P Rates New $290MM Perpetual Preferred Stock 'CCC'
S&G HOSPITALITY: Court Extends Cash Collateral Access to May 31

S&G HOSPITALITY: Unsecured Claims Under $20K to Recover 20% in Plan
SAGAMORE TOV: Case Summary & 12 Unsecured Creditors
SAM'S CRAB: Seeks Approval to Tap Conway Law Group as Counsel
SAN FRANCISCO CARE: Gets OK to Use Cash Collateral Until Feb. 14
SASSY C'S: Seeks to Hire Bookkeeping Genie as Bookkeeper

SAUSALITO CRAFTWORKS: Hires Cayenne Consulting as Appraiser
SCHILLER PARK: Court Extends Cash Collateral Access to Feb. 19
SCHILLER PARK: Seeks Chapter 11 Bankruptcy in Illinois
SCHULTE INC: Court Extends Cash Collateral Access to April 30
SEAQUEST HOLDINGS: Gets OK to Use Cash Collateral Until March 3

SEBASTIAN HABIB: Hires BKO Associates Real Estate LLC as Broker
SECURE WASTE: Fitch Affirms 'BB-' LongTerm IDR, Outlook Stable
SENSATA TECHNOLOGIES: Egan-Jones Retains BB- Sr. Unsecured Ratings
SGZ GROUP: Court Extends Cash Collateral Access to March 10
SHARKY'S LLC: Section 341(a) Meeting of Creditors on February 27

SONIC AUTOMOTIVE: Egan-Jones Retains BB Senior Unsecured Ratings
SPEARMAN AEROSPACE: Case Summary & 20 Largest Unsecured Creditors
SPIRIT AIRLINES: Tender Deadline Extended Again to February 20
SRZ MASTER TENANT: Case Summary & Seven Unsecured Creditors
STOLI GROUP: Committee Taps Brown Rudnick as Bankruptcy Counsel

STOLI GROUP: Committee Taps Kane Russell as Bankruptcy Co-Counsel
STONEX GROUP: Egan-Jones Retains B+ Senior Unsecured Ratings
STRONGHOLD CONSTRUCTION: Seeks OK of Franchisor Assistance
SUIRAD GROUP: Hires Jones & Walden LLC as Attorney
SYSCO CORP: Egan-Jones Retains BB+ Senior Unsecured Ratings

TBB ABILENE: Voluntary Chapter 11 Case Summary
TBB NORTH ARLINGTON: Voluntary Chapter 11 Case Summary
TBB STOCKYARDS: Voluntary Chapter 11 Case Summary
TDA ENTERPRISES: Gets OK to Use Cash Collateral Until April 30
TEAK DECK: Carol Fox of GlassRatner Named Subchapter V Trustee

TEAK DECK: Gets Interim OK to Use Cash Collateral Until Feb. 20
TEMPUR SEALY: S&P Affirms 'BB' ICR, Outlook Stable
TENET HEALTHCARE: Egan-Jones Cuts Senior Unsecured Ratings to BB-
THINK DEVELOPMENT: Leon Jones Named Subchapter V Trustee
THREE STOOGES: Hires M. Vincent Pazienza P.A. as Counsel

TOWN & COUNTRY: Seeks to Hire Colliers as Real Estate Agent
TTM TECHNOLOGIES: Egan-Jones Retains B+ Senior Unsecured Ratings
TXMV2017 LLC: Gets Interim OK to Use Cash Collateral
UMAPM HOLDING: Court Extends Cash Collateral Access to Feb. 24
UNDER ARMOUR: Egan-Jones Retains BB Senior Unsecured Ratings

UNITED HAULING: James Cross Named Subchapter V Trustee
UNITED HAULING: Seeks to Hire Davis Miles PLLC as Attorney
UNITI FIBER: Fitch Assigns 'BB-sf' Final Rating on Class C Notes
US CELLULAR: Egan-Jones Retains B+ Senior Unsecured Ratings
US SILICA: Egan-Jones Retains B Senior Unsecured Ratings

VAIL RESORTS: S&P Lowers Senior Unsecured Notes Rating to 'BB-'
VALEO PHARMA: Acquired by Xediton Under CCAA Proceedings
VENUS CONCEPT: Signs Consent Agreement, Secures $3M Loan Drawdown
VH NUTRITION: Hires Costello Accounting & Tax LLC as Accountant
VIAD CORP: S&P Withdraws 'B' ICR Following GES Segment Divestiture

VIPER ENERGY: Fitch Puts 'BB' LongTerm IDR on Watch Positive
VYRIPHARM BIOPHARMACEUTICALS: Subchapter V Trustee Named
WILDCAT LENDER: Seeks Subchapter V Bankruptcy in California
WINWARD DESIGN: Voluntary Chapter 11 Case Summary
WOLVERINE WORLD: Egan-Jones Retains B- Senior Unsecured Ratings

WOOD DESIGN: Gets Interim OK to Use Cash Collateral Until Feb. 26
WORLDWIDE IMPORTS: Voluntary Chapter 11 Case Summary
WRESTLING COLLECTOR: Seeks to Hire Baker & Associates as Counsel
WW INTERNATIONAL: S&P Downgrades ICR to 'CCC-', Outlook Negative
WYNN RESORTS: Egan-Jones Retains CCC+ Senior Unsecured Ratings

X4 PHARMACEUTICALS: The Vanguard Group Holds 4.8% Stake
YELLOW CORP: Achieves Partial Victory in Pension Battle
YORK BEACH SURF: Case Summary & 12 Unsecured Creditors
ZIPS CAR: On Track for Chapter 11 Plan Hearing in April
[] Angeion Acquires Donlin Recano to Expand Bankruptcy Services


                            *********

1550 BEDFORD: Seeks to Hire Avison Young as Real Estate Broker
--------------------------------------------------------------
1550 Bedford Ave. LLC seeks approval from the U.S. Bankruptcy Court
for the Eastern District of New York to hire Avison Young -- New
York LLC as real estate broker.

The firm will represent and advise the Debtors with respect to the
marketing and sale of the real property owned by the Debtor and
located at 1550 Bedford Ave, Brooklyn, NY 11225.

The firm will receive a commission equal to:

     a. 1.75 percent for gross sales price up to $9 million

     b. 2 percent for gross sales price from $9 million to $10.5
million

     c. 2.5 percent for gross sales price from $10.5 million to $12
million

     d. 3.25 percent for gross sales price over $12 million

As disclosed in the court filings, Avison Young is a "disinterested
person" as that term is defined in section 101(14) of the
Bankruptcy Code.

The firm can be reached through:

     James Nelson
     Avison Young -- New York LLC
     530 Fifth Avenue, 4th Floor
     New York, NY 10036
     Main Line: (212) 729-7140
     Direct Line: (212) 729-6585
     Mobile: (917) 362-1485
     Email: james.nelson@avisonyoung.com

        About 1550 Bedford Ave. LLC

1550 Bedford Ave. LLC is a single asset real estate company based
in Brooklyn, New York.

1550 Bedford Ave. LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D.N.Y. Case No. 24-45433) on December 31,
2024. In its petition, the Debtor reports estimated assets and
liabilities between $10 million and $50 million each.

Honorable Bankruptcy Judge Elizabeth S. Stong handles the case.

Isaac Nutovic, Esq. of Law Offices Of Isaac Nutovic represents the
Debtor as counsel.


1550 BEDFORD: Taps Law Offices of Isaac Nutovic as Counsel
----------------------------------------------------------
1550 Bedford Ave. LLC seeks approval from the U.S. Bankruptcy Court
for the Eastern District of New York to hire Law Offices of Isaac
Nutovic to handle its Chapter 11 case.

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

     Isaac Nutovic, Esq., Attorney           $640
     Colleen Dalton, Esq., Attorney          $450
     Associates                       $275 - $400   
     Paralegals                       $125 - $200

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

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

Mr. Nutovic 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:

     Isaac Nutovic, Esq.
     Law Offices of Isaac Nutovic
     261 Madison Avenue, 26th Floor
     New York, NY 10016
     Telephone: (917) 922-7963
     Email: inutovic@nutovic.com

        About 1550 Bedford Ave. LLC

1550 Bedford Ave. LLC is a single asset real estate company based
in Brooklyn, New York.

1550 Bedford Ave. LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D.N.Y. Case No. 24-45433) on December 31,
2024. In its petition, the Debtor reports estimated assets and
liabilities between $10 million and $50 million each.

Honorable Bankruptcy Judge Elizabeth S. Stong handles the case.

Isaac Nutovic, Esq. of Law Offices Of Isaac Nutovic represents the
Debtor as counsel.


18222 YORBA: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------
Debtor: 18222 Yorba Linda Owner, LLC
        9560 Wilshire Blvd., Suite 420
        Beverly Hills, CA 90212

Business Description: 18222 Yorba Linda Owner is a single asset
                      real estate debtor, as defined in 11 U.S.C.
                      Section 101(51B).

Chapter 11 Petition Date: February 6, 2025

Court: United States Bankruptcy Court
       Central District of California

Case No.: 25-10922

Judge: Hon. Julia W Brand

Debtor's Counsel: 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

Estimated Assets: $10 million to $50 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Afshin Etebar as managing member.

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

https://www.pacermonitor.com/view/7KVUAXI/18222_Yorba_Linda_Owner_LLC__cacbke-25-10922__0001.0.pdf?mcid=tGE4TAMA

List of Debtor's 20 Largest Unsecured Creditors:

   Entity                           Nature of Claim   Claim Amount

1. Afshin Etebar                     Insider Loan          $63,142
9560 Wilshire Blvd.
Suite 420
Beverly Hills, CA 90212

2. AllenCo                              Vendor            $491,551
2109 Gundry Ave
Signal Hill, CA
90755-3517

3. Babak Etebar                      Insider Loan          $63,139
9560 Wilshire Blvd.
Suite 420
Beverly Hills, CA 90212

4. Charter Communications             Services             $31,968
1774 Henry G. Lane Street
Maryville, TN 37801

5. City of Yorba Linda                  Fees              $312,185
4845 Casa Loma Ave
Yorba Linda, CA 92886

6. Dantuma Masonry, Inc.               Vendor              $97,240
7411 Walnut St
Buena Park, CA 90620

7. Earth Construction &                Vendor              $76,412
Mining
11542 Knott #10
Garden Grove, CA
92841

8. Eisner, LLP                         Vendor             $414,850
433 N. Camden Dr.
4th Fl
Beverly Hills, CA 90210

9. Fishman Block &                     Vendor              $81,040
Diamond, LLP
16830 Ventura Blvd.,
Ste 400
Encino, CA 91436

10. Infrastructure Inv                 Vendor             $335,000
Partners
PO Box 442
Fairfield, CT 06824

11. John Labib Structural              Vendor              $33,099
Engineering
319 Main Street
El Segundo, CA 90245

12. Kevin Tsai Etebar                   Loan               $43,280
1439 W. Jefferson Blvd.
Los Angeles, CA 90070

13. Lotzar Law Firm                  Legal Fees            $64,617
8687 E. Via Ventura
Ste. 115
Scottsdale, AZ 85258

14. Orange County                      Taxes               $94,404
Treasurer Tax Collect
625 N. Ross Street
Building 11,
Room G58
Santa Ana, CA 92701

15. Orrick, Herrington &             Legal Fees            $81,116
Sutcliffe
LockBox 774619
4619 Solutions Center
Chicago, IL
60677-4006

16. Pennington Construction            Vendor             $158,671
79 Bell Pasture Rd
Ladera Ranch, CA 92694

17. Reliable Equipment                 Vendor              $26,060
Rental, Inc.
8331 Commonwealth Ave
Buena Park, CA 90621

18. TAD Consulting Inc.                Vendor             $128,000
1401 N. Batavia St.
Ste. 103
Orange, CA 92867

19. TBU, Inc.                          Vendor             $114,677
244 Maple Ave Ste. T
Beaumont, CA 92223

20. Zamborelli Enterprises, Inc.        Vendor             $31,237
640 S. Coast Hwy #3A
Laguna Beach, CA 92651


1901 W. PLATT: To Sell Tampa Property to B.A.C.H. for $2.85MM
-------------------------------------------------------------
1901 W. Platt St., LLC, seeks permission from the U.S. Bankruptcy
Court for the Middle District of Florida, Tampa Division, to sell
property located at 1901 W Platt St. Tampa, Florida 33606 and 213
Fremonth Ave., Tampa, Florida 33606, free and clear of liens.

The Debtor is a Florida limited liability company which owns real
property located on Platt Street in Tampa, Florida.

The holder of a first mortgage of the Property is M Fund I, LLC.

The Debtor entered into a Commercial Contract with B.A.C.H. Land
Development LLC to purchase the Property with the price of
$2,850,000.00.

The Contract provides for joint Sellers, the Debtor and Hop-Hedz,
Inc., and covers two distinct parcels of real property, the
Property and a parcel owned by Hop-Hedz.

M. Funding agrees to accept an amount which is less than the net
proceeds of the sale which will be paid on account of the Property
in return for a satisfaction of M. Funding's mortgage on the
Property.

The Debtor asserts that the sale of the Property is fair and
reasonable. The Debtor believes that it is unlikely that a
significantly higher sale price would be achieved through further
marketing, and any potential increase in the sale price would be
likely exceeded by the additional costs associated with maintaining
and operating during such additional marketing period.

The Debtor proposes to distribute the proceeds from the sale first
to closing costs, including, inter alia, title insurance costs and
fees and a real estate commission, and then the net proceeds, as
follows:

   -- Real Estate Taxes – Hillsborough County with estimated
$29,946.75

   -- US Trustee Fees with estimated – based on disbursements
$22,800.001

   -- Carve-out agreed to by M. Funding for attorneys' fees to Leon
A. Williamson, Jr. with $25,000.00

   -- M Funding for Balance as agreed by M Funding

The Debtor requests that the order approving the sale of the
Property also contain a finding that the Buyer is acquiring
Property in good faith.

                       About 1901 W. Platt St., LLC

1901 W. Platt St. LLC is a limited liability company which owns
real property located on Platt Street in Tampa, Florida. The Debtor
operates Single Asset Real Estate.

901 W. Platt sought relief under Chapter of U.S. Bankruptcy Code
(Bankr. M.D. Fl. Case No. 8:14-bk-05906-CPM) on  May 23, 2014.

Judge Catherine Peek Mcewen presides over the case.

Leon A. Williamson, Jr. represents as the counsel of the case.


22ND CENTURY: Registers 104K Shares for Resale by Stockholders
--------------------------------------------------------------
22nd Century Group, Inc. filed a preliminary prospectus on Form S-3
with the U.S. Securities and Exchange Commission relating to the
resale from time to time by the selling stockholders -- North
Carolina State University and Maison Placements Canada, Inc. -- of
up to 104,124 shares of the Company's common stock, par value
$0.00001 per share, or the shares.

The shares were issued to the Selling Stockholders as follows:

     * The Company settled $500,000 of outstanding debt and
creditor obligations through the issuance of 104,124 shares of
common stock on January 30, 2025, pursuant to two separate
settlement agreements. The shares were issued in a private
placement and were exempt from registration under the Securities
Act of 1933, as amended, in reliance on Section 4(a)(2) thereof as
a transaction not involving a public offering and/or Rule 506 of
Regulation D promulgated thereunder.

                       Plan of Distribution

22nd Century Group said, "We are registering shares of common stock
to permit the resale of these shares of common stock by the selling
stockholders from time to time after the date of this prospectus.
We will not receive any of the proceeds from the sale by the
selling stockholders of the shares of common stock. We will bear
all fees and expenses incident to the registration of the shares of
common stock, provided, however, the selling stockholders will pay
all underwriting discounts and selling commissions, if any."

The selling stockholders may sell all or a portion of the shares of
common stock held and offered hereby from time to time directly or
through one or more underwriters, broker-dealers or agents. If the
shares of common stock are sold through underwriters or
broker-dealers, the selling stockholders will be responsible for
underwriting discounts or commissions or agent's commissions. The
shares of common stock may be sold in one or more transactions at
fixed prices, at prevailing market prices at the time of the sale,
at varying prices determined at the time of sale or at negotiated
prices. These sales may be effected in transactions, which may
involve crosses or block transactions, pursuant to one or more of
the following methods:

     * on any national securities exchange or quotation service on
which the securities may be listed or quoted at the time of sale;
     * in the over-the-counter market;
     * in transactions otherwise than on these exchanges or systems
or in the over-the-counter market;
     * through the writing or settlement of options, whether such
options are listed on an options exchange or otherwise;
     * ordinary brokerage transactions and transactions in which
the broker-dealer solicits purchasers;
     * block trades in which the broker-dealer will attempt to sell
the shares as agent but may position and resell a portion of the
block as principal to facilitate the transaction;
     * purchases by a broker-dealer as principal and resale by the
broker-dealer for its account;
     * an exchange distribution in accordance with the rules of the
applicable exchange;
     * privately negotiated transactions;
     * short sales made after the date the Registration Statement
is declared effective by the SEC;
     * broker dealers may agree with a selling stockholder to sell
a specified number of such shares at a stipulated price per share;
     * a combination of any such methods of sale; or
     * any other method permitted pursuant to applicable law.

The selling stockholders may also sell shares of common stock under
Rule 144 or any other exemption from registration promulgated under
the Securities Act, if available, rather than under this
prospectus. In addition, the selling stockholders may transfer the
shares of common stock by other means not described in this
prospectus. If the selling stockholders effect such transactions by
selling shares of common stock to or through underwriters,
broker-dealers or agents, such underwriters, broker-dealers or
agents may receive commissions in the form of discounts,
concessions or commissions from the selling stockholders or
commissions from purchasers of the shares of common stock for whom
they may act as agent or to whom they may sell as principal (which
discounts, concessions or commissions as to particular
underwriters, broker-dealers or agents may be in excess of those
customary in the types of transactions involved). The selling
stockholders may also loan or pledge shares of common stock to
broker-dealers that in turn may sell such shares.

The selling stockholders may pledge or grant a security interest in
some or all of the shares of common stock owned and, if it defaults
in the performance of its secured obligations, the pledgees or
secured parties may offer and sell the shares of common stock from
time to time pursuant to this prospectus or any amendment to this
prospectus under Rule 424(b)(3) or other applicable provision of
the Securities Act amending, if necessary, the list of selling
stockholders to include the pledgee, transferee or other successors
in interest as a selling stockholder under this prospectus. The
selling stockholders also may transfer and donate the shares of
common stock in other circumstances in which case the transferees,
donees, pledgees or other successors in interest will be the
selling beneficial owners for purposes of this prospectus.

To the extent required by the Securities Act and the rules and
regulations thereunder, the selling stockholders and any
broker-dealer participating in the distribution of the shares of
common stock may be deemed to be "underwriters" within the meaning
of the Securities Act, and any commission paid, or any discounts or
concessions allowed to, any such broker-dealer may be deemed to be
underwriting commissions or discounts under the Securities Act. At
the time a particular offering of the shares of common stock is
made, a prospectus supplement, if required, will be distributed,
which will set forth the aggregate amount of shares of common stock
being offered and the terms of the offering, including the name or
names of any broker-dealers or agents, any discounts, commissions
and other terms constituting compensation from the selling
stockholder and any discounts, commissions or concessions allowed
or re-allowed or paid to broker-dealers.

Under the securities laws of some states, the shares of common
stock may be sold in such states only through registered or
licensed brokers or dealers. In addition, in some states the shares
of common stock may not be sold unless such shares have been
registered or qualified for sale in such state or an exemption from
registration or qualification is available and is complied with.

There can be no assurance that the selling stockholders will sell
any or all of the shares of common stock registered pursuant to the
registration statement, of which this prospectus forms a part.

The selling stockholders and any other person participating in such
distribution will be subject to applicable provisions of the
Securities Exchange Act of 1934, as amended, and the rules and
regulations thereunder, including, without limitation, to the
extent applicable, Regulation M of the Securities Exchange Act of
1934, as amended, which may limit the timing of purchases and sales
of any of the shares of common stock by the selling stockholders
and any other participating person. To the extent applicable,
Regulation M may also restrict the ability of any person engaged in
the distribution of the shares of common stock to engage in
market-making activities with respect to the shares of common
stock. All of the foregoing may affect the marketability of the
shares of common stock and the ability of any person or entity to
engage in market-making activities with respect to the shares of
common stock.

Once sold under the registration statement, of which this
prospectus forms a part, the shares of common stock will be freely
tradable in the hands of persons other than the Company's
affiliates.

North Carolina State University may be reached at:

     1210 Varsity Drive
     Suite 202
     Raleigh NC 27695.

Maison Placements Canada may be reached at:

     Adelaide Street West
     Suite 2116
     Toronto, Ontario M5H 3P5.

A full-text copy of the registration statement is available at:

                  https://tinyurl.com/589nxyfw

                     About 22nd Century Group

Mocksville, N.C.-based 22nd Century Group, Inc. is a tobacco
products company specializing in the sales and distribution of its
proprietary reduced nicotine tobacco products, which have been
authorized as Modified Risk Tobacco Products by the FDA. The
company also provides contract manufacturing services for
conventional combustible tobacco products for third-party brands.

22nd Century Group disclosed in its Quarterly Report for the three
months ended September 30, 2024 that it has incurred significant
losses and negative cash flows from operations since inception and
expects to incur additional losses until such time that it can
generate significant revenue and profit in its tobacco business.
The Company had negative cash flow from operations of $9,947 and
$50,184 for the nine months ended September 30, 2024 and 2023,
respectively, and an accumulated deficit of $389,315 and $378,707
as of September 30, 2024 and December 31, 2023, respectively. As of
September 30, 2024, the Company had cash and cash equivalents of
$5,341.

Given the Company's projected operating requirements and its
existing cash and cash equivalents, there is substantial doubt
about the Company's ability to continue as a going concern through
one year following the date (November 12, 2024) that the Quarterly
Report was issued.

For the year ended December 31, 2023, the company reported a net
loss of $140.8 million, compared to a net loss of $59.8 million in
2022. As of September 30, 2024, 22nd Century Group had $26.2
million in total assets, $22.7 million in total liabilities, and
$3.5 million in total shareholders' equity.


22ND CENTURY: Registers Additional Shares Under Incentive Plan
--------------------------------------------------------------
22nd Century Group, Inc. filed a Registration Statement on Form S-8
with the U.S. Securities and Exchange Commission relating solely to
the registration of additional securities of the same class as
other securities for which a Registration Statement on this form
relating to an employee benefit plan is effective as a result of a
deemed increase in the number of shares available under the
Company's Amended and Restated 2021 Omnibus Incentive Plan
resulting from the Company's 1-for-135 reverse stock split in
December 2024.

Pursuant to Instruction E of Form S-8, this Registration Statement
incorporates by reference the contents of the Registration
Statements previously filed with respect to the Plan on Form S-8
(Registration Nos. 333-280748, 333-274091 and 333-256616).

A full-text copy of the registration statement is available at:

                  https://tinyurl.com/2ys2atpx

                     About 22nd Century Group

Mocksville, N.C.-based 22nd Century Group, Inc. is a tobacco
products company specializing in the sales and distribution of its
proprietary reduced nicotine tobacco products, which have been
authorized as Modified Risk Tobacco Products by the FDA. The
company also provides contract manufacturing services for
conventional combustible tobacco products for third-party brands.

22nd Century Group disclosed in its Quarterly Report for the three
months ended September 30, 2024 that it has incurred significant
losses and negative cash flows from operations since inception and
expects to incur additional losses until such time that it can
generate significant revenue and profit in its tobacco business.
The Company had negative cash flow from operations of $9,947 and
$50,184 for the nine months ended September 30, 2024 and 2023,
respectively, and an accumulated deficit of $389,315 and $378,707
as of September 30, 2024 and December 31, 2023, respectively. As of
September 30, 2024, the Company had cash and cash equivalents of
$5,341.

Given the Company's projected operating requirements and its
existing cash and cash equivalents, there is substantial doubt
about the Company's ability to continue as a going concern through
one year following the date (November 12, 2024) that the Quarterly
Report was issued.

For the year ended December 31, 2023, the company reported a net
loss of $140.8 million, compared to a net loss of $59.8 million in
2022. As of September 30, 2024, 22nd Century Group had $26.2
million in total assets, $22.7 million in total liabilities, and
$3.5 million in total shareholders' equity.


2446 ENCINAL: Hires William B. Kingman P.C. as Counsel
------------------------------------------------------
2446 Encinal Development, LP seeks approval from the U.S.
Bankruptcy Court for the Western District of Texas to employ Law
Offices of William B. Kingman, P.C. as counsel.

The firm's services include:

     a. advising the Debtor in matters relating to the
administration of its bankruptcy estate;

     b. representing the Debtor in negotiations with creditors and
making appearances before the court and the Office of the U.S.
Trustee;

     c. assisting in the preparation of the Debtor's Chapter 11
plan of reorganization, disclosure statement, schedules and
pleadings; and

     d. litigating claims which may be brought in the forms of
objections or as adversary proceedings and representing the Debtor
in other matters relating to the administration of its Chapter 11
case.

The firm will be paid at these rates:

     William Kingman, Esq.             $450 per hour
     Paralegals and legal assistants   $120 per hour

In addition, the firm will receive reimbursement for out-of-pocket
expenses incurred.

William Kingman, Esq., a partner at the Law Offices of William B.
Kingman, disclosed in a court filing that his firm is a
"disinterested person" pursuant to Section 101(14) of the
Bankruptcy Code.

The firm can be reached at:

     William B. Kingman, Esq.
     Law Offices of William B. Kingman, P.C.
     3511 Broadway
     San Antonio, TX 78209
     Tel: (210) 829-1199
     Email: bkingman@kingmanlaw.com

              About 2446 Encinal Development LP

2446 Encinal Development LP is the fee simple owner of the Z real
property located at 600 Berry St., Encinal, TX 78019 having a
revenue-based valuation of $1.3 million.

2446 Encinal Development LP sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 24-52689) on
December 31, 2024. In its petition, the Debtor reports total assets
of $1,303,239 and total liabilities of $1,559,793.

The Debtor is represented by William B. Kingman, Esq., at LAW
OFFICES OF WILLIAM B. KINGMAN.


2617-23 FOSTER AVE: Case Summary & 12 Unsecured Creditors
---------------------------------------------------------
Debtor: 2617-23 Foster Ave. Realty Corp.
        2623 Foster Ave
        Basement
        Brooklyn, NY 11210

Business Description: 2617-23 Foster Ave. operates in the real
                      estate sector.  The Debtor owns the property
                      located at 2617-23 Foster Ave., Brooklyn,
                      New York 11210, with an estimated value of
                      $1.4 million.

Chapter 11 Petition Date: February 7, 2025

Court: United States Bankruptcy Court
       Eastern District of New York

Case No.: 25-40624

Judge: Hon. Jil Mazer-Marino

Debtor's Counsel: Alex E. Tsionis, Esq.
                  LAW OFFICES OF AVRUM J. ROSEN, PLLC
                  38 New St.
                  Huntington, NY 11743-3327
                  Tel: 631-423-8527
                  Fax: 631-423-4536
                  E-mail: atsionis@ajrlawny.com

Total Assets: $1,486,155

Total Liabilities: $1,366,075

The petition was signed by Ray Jones as managing director.

A full-text copy of the petition, which includes a list of the
Debtor's 12 unsecured creditors, is available for free on
PacerMonitor at:

https://www.pacermonitor.com/view/MOCCIDY/2617-23_Foster_Ave_Realty_Corp__nyebke-25-40624__0001.0.pdf?mcid=tGE4TAMA


271 WEST 11TH: Seeks to Hire Rachel S. Blumenfeld PLLC as Attorney
------------------------------------------------------------------
271 West 11th Street LLC seeks approval from the U.S. Bankruptcy
Court for the Southern District of New York to hire Law Office of
Rachel S. Blumenfeld PLLC as attorney.

The firm will provide these services:

     a. give advice to the Debtor with respect to its powers and
duties as Debtors-in-Possession and the continued management of its
property and affairs;

     b. negotiate with creditors of the Debtor and work out a plan
of reorganization and take the necessary legal steps in order to
effectuate such a plan including, if need be, negotiations with
creditors and other parties in interest;

     c. prepare on behalf of the Debtor all necessary schedules,
application, motions, answers, orders, reports, and other legal
papers required for the Debtors that seek protection from its
creditors under Chapter 11 of the Bankruptcy Code;

     d. appear before the Bankruptcy Court to protect the interest
of the Debtors and to represent the Debtor in all matters pending
before the Court;

     e. represent the Debtor, if need be, in connection with
obtaining post-petition financing;

     f. take any necessary action to obtain approval of a
disclosure statement and confirmation of a plan of reorganization;
and

     g. perform all other legal services of the Debtor which may be
necessary for the preservation of the Debtor's estate and to
promote the best interest of the Debtor, its creditors and its
estate.

The firm will be paid at these rates:

     Rachel S. Blumenfeld, Esq.         $525 per hour
     Of counsel                         $450 per hour
     Paraprofessional                   $150 per hour

The firm will be paid a retainer in the amount of $30,000, plus the
$1,738.00 filing fee.

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

In addition, the firm will seek reimbursement for its out-of-pocket
expenses.

Rachel S. Blumenfeld, a partner at Rachel S. Blumenfeld PLLC,
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:

     Rachel S. Blumenfeld, Esq.
     Law Office of Rachel S. Blumenfeld PLLC
     26 Court Street, Suite 2220
     Brooklyn, New York 11242
     Tel: (718) 858-9600

        About 271 West 11th Street LLC

271 West 11th Street LLC is a New York-based real estate company
operating from 412 East 89th Street in Manhattan.

271 West 11th Street LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D.N.Y. Case No. 25-10130) on January 28,
2025. In its petition, the Debtor reports estimated assets and
liabilities between $10 million and $50 million each.

Honorable Bankruptcy Judge David S. Jones handles the case.

The Debtor is represented by Rachel S. Blumenfeld, Esq., at Law
Office of Rachel Blumenfeld, in Brooklyn, New York.


277 WINTHROP: Sec. 341(a) Meeting of Creditors on March 3
---------------------------------------------------------
On January 30, 2025, Winthrop LLC filed Chapter 11 protection in
the U.S. Bankruptcy Court for the Eastern District of New York.

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 Section 341(a) to be held on March 3,
2025 at 09:30 AM at Telephonic Meeting: Phone 1 (877) 929-2553,
Participant Code 1576337#.

                About 277 Winthrop LLC

Winthrop LLC is a Brooklyn-based real estate entity operating from
277 Winthrop Street.

Winthrop LLC sought relief under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. E.D.N.Y. Case No. 25-40491) on January 30, 2025. In
its petition, the Debtor reports estimated assets and liabilities
between $1 million and $10 million.

Honorable Bankruptcy Judge Elizabeth S. Stong handles the case.

The Debtor is represented by Nnenna Okike Onua, Esq., at McKinley
Onua & Associates, PLLC, in Brooklyn, New York.


A.B.O.D.E. TREATMENT: Scott Seidel Named Subchapter V Trustee
-------------------------------------------------------------
The U.S. Trustee for Region 6 appointed Scott Seidel as Subchapter
V trustee for A.B.O.D.E. Treatment, Inc.

Mr. Seidel will be paid an hourly fee of $520 for his services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.

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

The Subchapter V trustee can be reached at:

     Scott Seidel
     6505 West Park Blvd., Suite 306
     Plano, TX 75093
     214-234-2500-main
     214-234-2503-direct
     Email: scott@scottseidel.com

                  About A.B.O.D.E. Treatment Inc.

A.B.O.D.E. Treatment Inc. is operating as Adult Basic Opportunity
Developmental Environment, is a Fort Worth, Texas-based healthcare
services provider. The company operates from facilities at 1301
Bowen Road and 2018 Evans Avenue in Fort Worth.

A.B.O.D.E. Treatment sought relief under Subchapter V of Chapter 11
of the U.S. Bankruptcy Code (Bankr. N.D. Tex. Case No. 25-40241) on
January 23, 2025. In its petition, the Debtor reported estimated
assets up to $50,000 and estimated liabilities between $500,000 and
$1 million.

Honorable Bankruptcy Judge Edward L. Morris handles the case.

The Debtor is represented by Kevin S. Wiley, Sr, Esq., at The Wiley
Law Group, PLLC, in Dallas, Texas.


ACCURIDE CORP: Gets Court Okay to Tap Additional $20MM Ch. 1 1 Loan
-------------------------------------------------------------------
Alex Wittenberg of Law360 Bankruptcy Authority reports that a
Delaware bankruptcy judge approved wheel manufacturer Accuride
Corp.'s request on February 6, 2025, to increase its Chapter 11
financing by $20 million, which the company intends to use to
maintain operations ahead of next week’s reorganization plan
confirmation hearing.

                  About Accuride Corp.

Accuride Corporation and its affiliates are a global leader in
steel and aluminum wheels and wheel-end components and assemblies,
supplying innovative products to over 1,000 customers in the
commercial vehicles, passenger cars, agriculture, construction and
industrial equipment markets.

Headquartered in Livonia, Michigan, the Debtors are part of a
global enterprise that employs approximately 3,600 individuals at
facilities in the United States, Canada, Mexico, Germany, France,
Turkey, Russia, and China.

Accuride's U.S. entities first filed for Chapter 11 protection in
October 2009, also in Delaware, to restructure in excess of $675
million in debt. The Court confirmed the Company's Plan of
Reorganization in February 2010.

On Oct. 9, 2024, Accuride Corp. and its U.S. entities filed
voluntary petitions for protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Del. Lead Case No. 24-12289). Accuride
reported $500 million to $1 billion in assets and liabilities as of
the bankruptcy filing.

In the new Chapter 11 cases, the Debtors tapped Kirkland & Ellis
LLP as bankruptcy counsel; Young Conaway Stargatt & Taylor, LLP, as
local bankruptcy counsel; Quinn Emanuel Urquhart & Sullivan, LLP as
special counsel; Perella Weinberg Partners LP as investment banker;
and Deloitte & Touche LLP as independent auditor. Alvarez & Marsal
North America, LLC is the CRO provider and Omni Agent Solutions is
the claims agent.

On Dec. 10, 2024, the Office of the U.S. Trustee appointed an
official committee of unsecured creditors in these Chapter 11
cases. The committee tapped McDermott Will & Emery LLP as counsel.


ACJK INC: Seeks to Hire Joseph J. Bogdan as Special Counsel
-----------------------------------------------------------
ACJK, Inc. seeks approval from the U.S. Bankruptcy Court for the
Southern District of Illinois to employ The Law Offices of Joseph
J. Bogdan, Inc. as special counsel.

The counsel will represent the Debtor regarding the causes of
action against the Pharmacy Benefit Managers.

The firm will be paid at these rates:

     Joseph Bogdan          $650 per hour
     Maryam Hassani         $500 per hour
     David Mattson          $450 per hour
     Administrative/
     Pharmacy Technician    $200 per hour
     Paralegal              $350 per hour
     Law clerk              $250 per hour

The firm agreed to a contingent fee equal to 33 percent of the net
amount recovered after the filing of a lawsuit but before the
settlement conference or trial, or 40 percent of the net amount
recovered from the claim by settlement or judgment.

The firm received a retainer in the amount of $30,000.

As disclosed in the court filings, Law Offices of Joseph J. Bogdan,
Inc. does not hold or represent any interest adverse to the Debtor
or the estate.

The firm can be reached through:

     Joseph J. Bogdan, Esq.
     Law Offices of Joseph J. Bogdan, Inc.
     1550 Spring Rd #225
     Oak Brook, IL 60523
     Phone: (630) 310-1267

         About ACJK, Inc.

ACJK Inc. d/b/a Medicap Pharmacy --
https://granitecity.medicap.com/ -- is a local pharmacy that offers
services such as immunizations, medication therapy management,
multi-dose packaging, medication synchronization, important health
screenings, and expert care.

ACJK Inc. filed a petition for relief under Chapter 11 of the
Bankruptcy Code (Bankr. S.D. Ill. Case No. 23-30045) on January 30,
2023. In the petition filed by Mark Allen, manager, the Debtor
reported assets and liabilities between $1 million and $10 million
each.

The case is overseen by Honorable Bankruptcy Judge Laura K.
Grandy.

The Debtor tapped Michael J Benson, Esq., at A Bankruptcy Law Firm,
LLC as bankruptcy counsel and Mark Cuker, Esq., at Jacobs Law
Group, PC as litigation counsel.


AGRO RESEARCH: Gets OK to Use Cash Collateral Until March 31
------------------------------------------------------------
Agro Research International, LLC received interim approval from the
U.S. Bankruptcy Court for the Middle District of Florida, to use
cash collateral until March 31.

The interim order signed by Judge Lori Vaughan approved the use of
cash collateral to pay the company's operating expenses set forth
in its budget.

The budget shows total monthly expenses of $4,980 for January,
February and March.

The company's lenders were granted a replacement lien on all
post-petition property of the company that is of the same nature
and type as the lenders' pre-bankruptcy collateral.

The interim order does not constitute an adjudication of the
validity, priority, or extent of any lender's liens or the amount
of its claim.

The next hearing is scheduled for March 18.

                  About Agro Research International

Agro Research International, LLC, a company in Sorrento, Fla., is
committed to the constant development of unique and eco-friendly
formulations that will help the world grow better quality food
through research, innovation and unique alliances worldwide.

Agro Research International filed a petition under Chapter 11,
Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No.
24-03122) on June 20, 2024, with $117,645 in assets and $3,546,069
in liabilities. Marc Lajeunesse, managing member, signed the
petition.

Judge Lori V. Vaughan presides over the case.

The Debtor is represented by:

   Robert A Stiberman
   Stiberman Law PA
   Tel: 954-922-2283
   Email: ras@stibermanlaw.com


AIR CANADA: Egan-Jones Hikes Senior Unsecured Ratings to B
----------------------------------------------------------
Egan-Jones Ratings Company on January 6, 2025, upgraded the foreign
currency and local currency senior unsecured ratings on debt issued
by Air Canada to B from CCC+. EJR also withdrew the rating on
commercial paper issued by the Company.

Headquartered in Montreal, Canada, Air Canada provides domestic and
international carrier service.


AKOUSTIS TECHNOLOGIES: Court Amends Final Cash Collateral Order
---------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Delaware issued an
order in Akoustis Technologies, Inc.'s Chapter 11 case to correct
an error in its final order that authorized the company to use cash
collateral.

The court specifically amended the final order to correct the
expiration date from Jan. 31, 2025, to March 28, 2025.

                    About Akoustis Technologies

Akoustis Technologies, Inc. -- http://www.akoustis.com/-- is a
high-tech BAW RF filter solutions company that is pioneering
next-generation materials science and MEMS wafer manufacturing to
address the market requirements for improved RF filters --
targeting higher bandwidth, higher operating frequencies and higher
output power compared to legacy polycrystalline BAW technology. The
Company utilizes its proprietary and patented XBAW(R)
manufacturing
process to produce bulk acoustic wave RF filters for mobile and
other wireless markets, which facilitate signal acquisition and
accelerate band performance between the antenna and digital back
end. Superior performance is driven by the significant advances of
poly-crystal, single-crystal, and other high purity piezoelectric
materials and the resonator-filter process technology which enables
optimal trade-offs between critical power, frequency and bandwidth
performance specifications.

Akoustis owns and operates a 125,000 sq. ft. ISO-9001:2015
registered commercial wafer-manufacturing facility located in
Canandaigua, NY, which includes a class 100 / class 1000 cleanroom
facility -- tooled for 150-mm diameter wafers -- for the design,
development, fabrication and packaging of RF filters, MEMS and
other semiconductor devices. Akoustis is headquartered in the
Piedmont technology corridor near Charlotte, North Carolina.

Akoustis and three affiliates sought Chapter 11 protection (Bankr.
D. Del. Lead Case No. 24-12796) on Dec. 16, 2024. Akoustis
disclosed $53,371,000 in total assets against $122,586,000 in total
debt as of Sept. 30, 2024.

The Hon. Laurie Selber Silverstein is the case judge.

The Debtors tapped K&L Gates, LLP as bankruptcy counsel; Landis
Rath & Cobb, LLP as local counsel. Raymond James & Associates, Inc.
as investment banker; Getzler Henrich & Associates, LLC as
financial advisor; and C Street Advisory Group as strategic
communications advisor. Stretto is the claims agent and has
launched the page https://cases.stretto.com/Akoustis.

The U.S. Trustee for Region 3 appointed an official committee to
represent unsecured creditors in the Debtors' Chapter 11 cases.


ALPHA EQUIPMENT: Case Summary & Seven Unsecured Creditors
---------------------------------------------------------
Debtor: Alpha Equipment Company
        82 S Milwaukee Ave., Suite 210
        Wheeling, IL 60090

Business Description: Alpha Equipment Company is a transportation
                      and logistics business that owns and leases
                      a fleet of trucks and trailers for freight
                      hauling.

Chapter 11 Petition Date: February 7, 2025

Court: United States Bankruptcy Court
       Northern District of Illinois

Case No.: 25-01919

Judge: Hon. David D. Cleary

Debtor's Counsel: David Freydin, Esq.
                  LAW OFFICES OF DAVID FREYDIN
                  8707 Skokie Blvd., Suite 305
                  Skokie, IL 60077
                  Tel: 888-536-6607
                  Fax: 866-575-3765
                  E-mail: david.freydin@freydinlaw.com

Total Assets: $1,478,650

Total Liabilities: $2,004,102

The petition was signed by Cristian Puscas as president.

A full-text copy of the petition, which includes a list of the
Debtor's seven unsecured creditors, is available for freen
PacerMonitor at:

https://www.pacermonitor.com/view/ZRG7WJA/Alpha_Equipment_Company__ilnbke-25-01919__0001.0.pdf?mcid=tGE4TAMA


ALTA VISTA: No Decline in Resident Care, 5th PCO Report Says
------------------------------------------------------------
Blanca Castro, the court-appointed patient care ombudsman, filed
with the U.S. Bankruptcy Court for the Central District of
California her fifth report regarding the quality of patient care
provided at Alta Vista Gardens, Inc.

The Local Patient Care Ombudsman (LPCO) visited Alta Vista Gardens
on January 22. During the visit, the LPCO noted no cleaning
supplies or chemicals were left unattended or accessible to
residents. No concerns were noted.

The ombudsman cited no concerns about staffing. Administration
noted there are no current vacancies, with 20 staff members
employed.

The ombudsman noted no observable decline in services or the
quality of care of residents of Alta Vista Gardens.

A copy of the fifth ombudsman report is available for free at
https://urlcurt.com/u?l=S98iKq from PacerMonitor.com.

The ombudsman may be reached at:

     Blanca E. Castro
     California Department of Aging
     2880 Gateway Oaks Drive, Suite 200
     Sacramento, CA 95833
     Tel: 916-928-2500
     Email: blanca.castro@aging.ca.gov     

                     About Alta Vista Gardens

Alta Vista Gardens, Inc., a company in Los Angeles, Calif., filed
its voluntary petition for Chapter 11 protection (Bankr. C.D.
Calif. Case No. 24-11780) on March 7, 2024, listing up to $50,000
in assets and up to $10 million in liabilities. Staci Marmershteyn,
board member, signed the petition.

Judge Deborah J. Saltzman oversees the case.

The Debtor tapped RHM Law, LLP as legal counsel and Michael
Rudnitsky as accountant.

Blanca E. Castro of California Department of Aging was appointed as
patient care ombudsman in the Debtor's case.


AMERICAN TIRE: Claims to be Paid From Asset Sale Proceeds
---------------------------------------------------------
American Tire Distributors, Inc., and affiliates filed with the
U.S. Bankruptcy Court for the District of Delaware a Disclosure
Statement for the Joint Chapter 11 Plan dated January 31, 2025.

The Debtors and their non-Debtor affiliates (collectively, "ATD" or
the "Company") operate one of the largest replacement tire
distributors in North America based on number of warehouses and
dollar amount of wholesale sales.

The Company has been a leader in the tire replacement industry by
virtue of its dedication to its over 80,000 customers throughout
North America, as well as its commitment to the maintenance of a
quality and comprehensive portfolio of tires, wheels, and related
tools and accessories. The Company is headquartered in
Huntersville, North Carolina, employs approximately 4,200
individuals, and has a long history of delivering top of the line
products for its customers' and partners' needs.

Starting in September 2024, the Debtors, with their Advisors, began
negotiating extensively with an ad hoc group of prepetition lenders
(the "Ad Hoc Group"), and their advisors, including Akin Gump
Strauss Hauer & Feld LLP, as counsel to the Ad Hoc Group, and
Perella Weinberg Partners LP, as financial advisor to the Ad Hoc
Group, as well as with Wells Fargo Bank, National Association, the
ABL Agent.

Ultimately, these discussions proved successful and culminated in
execution of the RSA on October 22, 2024, which contemplated the
commencement of, and certain transactions to be consummated during,
these Chapter 11 Cases. The RSA enjoys broad support from the
Consenting Stakeholders, who hold approximately 90 percent of the
outstanding obligations under the Term Loan Credit Agreement and
100 percent of holders of the 2024 Delayed Draw FILO Loans.

In furtherance of the Debtors' Postpetition Marketing Process, on
November 26, 2024, the Court entered the Bidding Procedures Order,
which established the Bidding Procedures to market and sell the
Debtors' assets. The Bidding Procedures are designed to procure the
highest or otherwise best available offer(s) for the Debtors'
assets. Consistent with the RSA, members of the Ad Hoc Group agreed
to submit a stalking horse credit bid for substantially all of the
Company's assets (the "Credit Bid") and thereby provide a floor for
potential bidding.

On November 26, 2024, shortly before entry of the Bidding
Procedures Order, the Debtors entered into the stalking horse Asset
Purchase Agreement with the Purchaser memorializing the Credit Bid.
The Debtors Filed the agreed form of the Asset Purchase Agreement
to disclose its terms to all parties in interest and potential
other bidders in the Debtors' sale process and facilitate a
competitive marketing process. The Bidding Procedures Order and the
Asset Purchase Agreement worked in tandem to ensure the Debtors
obtained fair market value by setting a minimum purchase price for
the Debtors' assets and testing it in the marketplace.

The Bidding Procedures Order provided for a bid deadline of January
10, 2025, at 11:59 p.m. (the "Bid Deadline"). Ultimately, after a
robust marking process that began prepetition and continued
postpetition, the highest and best, and only bid, received by the
Debtors in advance of the Bid Deadline was the Credit Bid.
Therefore, consistent with the Bidding Procedures Order, the
Debtors Filed the Notice of (I) Selection of Winning Bidder and
(II) Cancellation of Auction on January 12, 2025, identifying the
Credit Bid as the winning bid and cancelling the auction.

In summary, the Credit Bid provides for (i) a "credit bid" pursuant
to section 363(k) of the Bankruptcy Code of (x) 100 percent of the
Claims arising under the New Money DIP Credit Agreement, including
accrued and unpaid interest as of the date when the Asset Sale
closes, and (y) $585 million of the Term Loan Secured Claims, and
(ii) the assumption of the Assumed Liabilities (as defined in the
Asset Purchase Agreement), including certain of the Debtors'
ordinary course liabilities.

Class 5 consists of General Unsecured Claims. Except to the extent
that a Holder of an Allowed General Unsecured Claim agrees to less
favorable treatment, on the Effective Date, each Holder of an
Allowed General Unsecured Claim shall receive its share of the
Distributable Proceeds attributable to each applicable Debtor, if
any, in accordance with the Remaining Waterfall Recovery
Allocation.

The Plan contemplates a parallel Asset Sale of substantially all of
the Debtors' assets to the Purchaser pursuant to the Asset Purchase
Agreement, as approved by the Bankruptcy Court pursuant to the
procedures set forth in the Bidding Procedures Order. Following the
Asset Sale, the Plan provides for the orderly Wind Down and
dissolution of the Debtors' Estates.

The Plan Administrator shall fund distributions under the Plan (if
any) in accordance with the Waterfall Recovery with the
Distributable Proceeds.

A full-text copy of the Disclosure Statement dated January 31, 2025
is available at ttps://urlcurt.com/u?l=7IV1gf from PacerMonitor.com
at no charge.

Co-Counsel for the Debtors:           

                   Anup Sathy, P.C.
                   Chad J. Husnick, P.C.
                   David R. Gremling, Esq.
                   KIRKLAND & ELLIS LLP
                   AND KIRKLAND & ELLIS INTERNATIONAL LLP
                   333 West Wolf Point Plaza
                   Chicago, Illinois 60654
                   Tel: (312) 862-2000
                   Fax: (312) 862-2200
                   Email: anup.sathy@kirkland.com
                          chad.husnick@kirkland.com
                          dave.gremling@kirkland.com
                          
Co-Counsel for the Debtors:           

                   Laura Davis Jones, Esq.
                   Timothy P. Cairns, Esq.
                   Edward A. Corma, Esq.
                   PACHULSKI STANG ZIEHL & JONES LLP
                   919 North Market Street, 17th Floor
                   Wilmington, Delaware 19801
                   Tel: (302) 652-4100
                   Fax: (302) 652-4400
                   Email: ljones@pszjlaw.com
                          tcairns@pszjlaw.com
                          ecorma@pszjlaw.com

                 About American Tire Distributors

Headquartered in Huntersville, N.C., American Tire Distributors
Inc. and its affiliates are the largest distributor of replacement
tires in North America based on dollar amount of wholesale sales.
With their network of over 115 distribution centers and 1,500
delivery vehicles, the Debtors service a geographic region covering
more than 90 percent of the replacement tire market for passenger
vehicles and light trucks in the United States. The Debtors carry
many of the nation's leading tire brands including Michelin,
Pirelli, and Continental. In addition, the Debtors' proprietary
Hercules brand is a leading private tire brand in North America.

American Tire Distributors and its affiliates sought relief under
Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del. Lead Case
No. 24-12391) on October 22, 2024. In its petition, American Tire
Distributors reported $1 billion to $10 billion in both assets and
liabilities.

Judge Craig T. Goldblatt oversees the cases.

The Debtors tapped Kirkland & Ellis as bankruptcy counsel;
Pachulski Stang Ziehl & Jones, LLP as Delaware counsel; AP
Services, LLC as restructuring advisor; and Moelis & Company, LLC
as financial advisor. Donlin, Recano & Company, Inc. is the notice
and claims agent and administrative advisor.


APOLLO COMMERCIAL: Egan-Jones Hikes Senior Unsecured Ratings to BB+
-------------------------------------------------------------------
Egan-Jones Ratings Company on January 14, 2025, upgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Apollo Commercial Real Estate Finance, Inc. to BB+
from BBB-.

Headquartered in New York, Apollo Commercial Real Estate Finance,
Inc. is a commercial real estate finance company.


ARTISAN FOODIE: Ruediger Mueller of TCMI Named Subchapter V Trustee
-------------------------------------------------------------------
The U.S. Trustee for Region 21 appointed Ruediger Mueller of TCMI,
Inc. as Subchapter V trustee for The Artisan Foodie Group, LLC.

Mr. Mueller will be paid an hourly fee of $350 for his services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.  

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

The Subchapter V trustee can be reached at:

     Ruediger Mueller
     TCMI, Inc.
     1112 Watson Court
     Reunion, FL 34747
     Telephone: (678) 863-0473
     Facsimile: (407) 540-9306
     Email: truste@tcmius.com

                     About Artisan Foodie Group

Artisan Foodie Group LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. M.D. Fla. Case No. 25-00506) on January 27,
2025. In its petition, the Debtor reports estimated assets and
liabilities between $1 million and $10 million each.

Honorable Bankruptcy Judge Roberta A. Colton handles the case.

The Debtor is represented by Katelyn M. Vinson, Esq., at Jennis
Morse, in Tampa, Florida.


ASPEN ELECTRONICS: Unsecureds Will Get 100% of Claims in Plan
-------------------------------------------------------------
Aspen Electronics Manufacturing, Inc., filed with the U.S.
Bankruptcy Court for the District of Colorado a Plan of
Reorganization dated January 30, 2025.

The Debtor is a Colorado corporation organized in 1994 by two
brothers, Giao Le and Viet Le, who are both engineers. Debtor is in
the business of electronics manufacturing.

The cause of the Debtor's Bankruptcy filing is unrelated to the
Debtor's operations, but is a direct consequence of litigation
costs and attorneys" fees. In September 2021, a law firm in
Washington, D.C., named Holzman & Horner, PLLC ("H&H") was hired to
provide legal advice related to a sale of either the Debtor's
assets or equity. Shortly thereafter, in January 2022, the Debtor
found itself in a fee dispute with H&H, an out-of-state law firm
that briefly provided the Debtor with ESOP advice. The net amount
in controversy was less than $20,000.

The Debtor's litigation counsel in the arbitration, Phillips Legal,
advised the Debtor to file a counterclaim against H&H. As the
arbitration escalated, the Debtor's exposure to a fee-shifting
award quickly ballooned into the six figures. As a result of the
professional negligence of Phillips Legal, the arbitrator entered
summary judgment against the Debtor and awarded fees and costs
based on an unenforceable fee-shifting provision that Phillips
Legal failed to meaningfully challenge.

The arbitrator held the Debtor liable for H&H's fees and costs,
which amounted to nearly a million dollars. This award, on top of
hundreds of thousands of dollars that the Debtor paid to counsel,
expert witnesses, and successor counsel, threatened the viability
of the Debtor's business as it could not simultaneously afford to
pay the award and maintain operations. In order to protect its
business, employees, and continue the company as a going concern,
the Debtor filed for protection under Chapter 11, Subchapter V, of
the Bankruptcy Code on November 1, 2024.

Class 3 is comprised of the Allowed General Unsecured Claims
holding unsecured claims against the Debtor. Class 3 shall receive
a pro-rata distribution as follows:

     * $250,000 within 60 days of the Effective Date of the Plan;

     * $10,000 per month beginning 90 days after the Effective Date
of the Plan;

     * Net Proceeds from the Malpractice Claims. The "Net Proceeds"
shall include the receipt of funds from any final settlement,
award, or judgment related to the Malpractice Claims, less the
costs of obtaining the award. Costs for obtaining the award may
include attorneys' fees, expert witness fees, and related costs.
The Debtor anticipates that the Net Proceeds will be sufficient to
pay Class 3 in full; and

     * To the extent the net proceeds from Malpractice Claims do
not pay Class 3 in full, Class 3 shall continue to receive payments
from the Debtor's monthly payments.

Based on the Debtors' projections, the Debtor estimates that Class
3 Claims will be paid in full within a year of the Effective Date
of the Plan. There is no way to know what the actual Net Proceeds
will be, however, the Debtor believes that it will receive
substantially more than what is necessary to satisfy 100% of the
Class 3 claims. Upon request by any party in interest, the Debtor
shall provide an annual financial statement, including amounts
disbursed to creditors in accordance with the Plan.

The Debtor shall disburse the $250,000 payment to Class 3 within 60
days of the Effective Date of the Plan. Thereafter, the monthly
payments shall be disbursed every six months, beginning on a date
that is 240 days after the Effective Date of the Plan. The Net
Proceeds from the Malpractice Claims shall be disbursed within 45
days of receipt of such funds.

In addition to the amounts set forth, Class 3 shall receive
twenty-five percent of the amounts recovered for claims arising
under Chapter 5 after payment of attorney fees, cost of litigation,
and cost of recovery. Class 3 shall not receive more than 100% of
its claim.

Class 4 is comprised of Giao Le and Viet Le. Class 4 is unimpaired
by the Plan. On the Effective Date of the Plan, Class 4 interest
holders shall retain all interests held on the Petition Date.

As evidenced by the projections, the Debtor anticipates that its
income will be overall positive during the term of the Plan, and
will generate sufficient revenue to meet its obligations under the
Plan. The Debtor has used its best efforts to prepare accurate
projections. The Debtor's actual income will fluctuate based on
actual sales and changes in the market.

As set forth on the Liquidation Analysis, if the Debtor's case were
converted to a case under Chapter 7, the Debtor's remaining assets
would be sold at liquidation value. The total Class 3 claims would
equal approximately $2,753,282, which is approximately 70% more
than the Class 3 creditor claims if the Debtor remained in a
Chapter 11 case. The value of the assets would be reduced as a
liquidation sale, and would result in payment to general unsecured
creditors in an amount of approximately 53% of the total general
unsecured claims. In contrast, the Debtor's Plan will provide for
recovery of approximately 100% to unsecured creditors.

A full-text copy of the Plan of Reorganization dated Jan. 30, 2025
is available at https://urlcurt.com/u?l=B37MYA from
PacerMonitor.com at no charge.

Counsel to the Debtor:

     Jeffrey S. Brinen, Esq.
     Jenny M.F. Fujii, Esq.
     Kutner Brinen Dickey Riley, P.C.
     1660 Lincoln Street, Suite 1720
     Denver, CO 80264
     Tel: (303) 832-2400
     Email: jsb@kutnerlaw.com

                      About Aspen Electronics

Aspen Electronics Manufacturing Inc., an electronics manufacturer
in Westminster, Colorado, sought relief under Subchapter V of
Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Colo. Case No.
24-16558) on Nov. 1, 2024.  In the petition filed by Giao Le,
president, the Debtor disclosed total assets of $1,828,289 and
total liabilities of $2,710,940.

Judge Joseph G. Rosania Jr. oversees the case.

The Debtor tapped Jenny M.F. Fujii, Esq., at Kutner Brinen Dickey
Riley PC and Laurin H. Mills, Esq., at Werther & Mills, LLC as
special counsel.


ASPIRA WOMEN'S: Names Michael Buhle CEO, James Crawford Finance VP
------------------------------------------------------------------
Aspira Women's Health Inc. disclosed in a Form 8-K Report filed
with the U.S. Securities and Exchange Commission that on January
28, 2025, the Board of Directors appointed Michael Buhle as the
Company's Chief Executive Officer in addition to his current duties
as Chief Commercial Officer. As such, Mr. Buhle will also serve as
principal executive officer of the Company. Michael Buhle, age 59,
has over 25 years of experience driving commercial growth and new
product launches in the diagnostics and life science tools domains,
working for start-up, scale-up, and established businesses. Prior
to joining Aspira, Mr. Buhle served as Chief Commercial Officer at
Biovision Diagnostics and Vice President of Sales, Americas for
Congenica.

The Company's Interim CEO, Dr. Sandra Milligan, will remain the
Company's President.

In addition, on January 28, 2025, the Board of Directors appointed
James Crawford as the Company's Vice President of Finance. As such,
Mr. Crawford will also serve as principal financial officer and
principal accounting officer of the Company. James Crawford, age
39, joined Aspira in 2021 as Manager, Financial Planning &
Analysis. He brings over a decade of financial experience to the
company in a variety of industries and is dedicated to our mission.
James received his Bachelor of Science degree at Bucknell
University and his Master's degree at the University of
Connecticut.

There are no family relationships, as defined in Item 401 of
Regulation S-K, between Mr. Buhle, Mr. Crawford and any of the
Company's directors or executive officers, and there is no
arrangement or understanding between Mr. Crawford and any other
person pursuant to which he was appointed as an officer of the
Company. Mr. Crawford does not have any direct or indirect material
interest in any transaction or proposed transaction required to be
reported under Item 404(a) of Regulation S-K.

                    About Aspira Women's Health

Formerly known as Vermillion, Inc., Aspira Women's Health Inc. --
http://www.aspirawh.com-- is dedicated to the discovery,
development, and commercialization of noninvasive, AI-powered tests
to aid in the diagnosis of gynecologic diseases. OvaWatch and
Ova1Plus are offered to clinicians as OvaSuiteSM. Together, they
provide a comprehensive portfolio of blood tests to aid in the
detection of ovarian cancer for the 1.2+ million American women
diagnosed with an adnexal mass each year. OvaWatch provides a
negative predictive value of 99% and is used to assess ovarian
cancer risk for women where initial clinical assessment indicates
the mass is indeterminate or benign, and thus surgery may be
premature or unnecessary. Ova1Plus is a reflex process of two
FDA-cleared tests, Ova1 and Overa, to assess the risk of ovarian
malignancy in women planned for surgery.

Boston, Massachusetts-based BDO USA, P.C., the Company's auditor
since 2012, issued a "going concern" qualification in its report
dated March 29, 2024, citing that the Company has suffered
recurring losses from operations and expects to continue to incur
substantial losses in the future, which raises substantial doubt
about its ability to continue as a going concern.

Aspira Women's Health reported a net loss of $16.69 million for the
year ended Dec. 31, 2023, compared to a net loss of $29.88 million
for the year ended Dec. 31, 2022. As of June 30, 2024, Aspira
Women's Health had $3.96 million in total assets, $7.67 million in
total liabilities, and $3.7 million in total stockholders' deficit.


AUBURN PETROLEUM: Sec. 341(a) Meeting of Creditors on February 26
-----------------------------------------------------------------
On January 30, 2025, Auburn Petroleum LLC filed Chapter 11
protection in the U.S. Bankruptcy Court for the Northern District
of New York.

According to court filing, the Debtor reports between $100,000
and $500,000 in debt owed to 1 and 49 creditors. The petition
states funds will be available to unsecured creditors.

A meeting of creditors under Section 341(a) to be held on February
26, 2025 at 02:00 PM at First Meeting Syracuse.

           About Auburn Petroleum LLC

Auburn Petroleum LLC operates in real estate management of a former
gas station property.

Auburn Petroleum LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D.N.Y. Case No. 25-30065) on January 30,
2025. In its petition, the Debtor reports estimated assets and
liabilities between $100,000 and $500,000.


AVANTE HEALTH: Exits Bankruptcy With Staple Street Recapitalization
-------------------------------------------------------------------
Avante Health Solutions, a leading provider of aftermarket parts,
service, repair, and refurbishment for medical equipment, is
excited to announce that it has successfully exited bankruptcy and
has been recapitalized with a debt-free balance sheet by an
affiliate of Staple Street Capital Group, LLC, a private equity
firm that specializes in investing in market--leading businesses
where there are transformational opportunities to create value. As
a result of this successful recapitalization, Avante has
extinguished its previous liabilities and operates with a strong
balance sheet to position itself for long-term growth.

With core values centered on customer service and continuous
improvement, Avante is entering this next chapter with an
unwavering commitment to delivering the solutions customers need to
keep their critical medical equipment operating at its best while
reducing costs, improving patient outcomes, and ensuring
uninterrupted, high-quality patient care.

After leading the business through a successful bankruptcy, Jim
Leitl has decided to step down as CEO and instead will serve as an
advisor to the Board of Directors. Jim will be replaced by David
Anbari who will be joining the Company as Chief Executive Officer,
effective February 10, 2025. David brings extensive experience in
the medical equipment service industry, having previously served as
CEO of Mobile Instrument Service and Repair, a national provider of
repair and maintenance services for surgical equipment, where he
successfully led a significant business transformation and sale
process. Following this role, he served as Head of Strategy and
Head of Operations at Agiliti Health, an integrated medical
equipment management company with over $1.0 billion in revenue. At
Agiliti, David played a key role in commercial and operational
strategy across multiple business segments, helping nearly double
the company's revenue while overseeing clinical engineering
services, diagnostic imaging, medical-surgical rentals, and
hospital bed and surface manufacturing.

"I am honored to join Avante at this pivotal moment," said David
Anbari, incoming CEO of Avante Health Solutions. "Avante has a
strong foundation, talented employees, and a tremendous opportunity
to become a best-in-class service and parts provider in the
industry. With the support of Staple Street Capital, we will focus
on delivering exceptional service to our customers. I look forward
to working closely with the team to position Avante for long-term
success."

Jim Leitl, outgoing CEO, added, "Avante is well-positioned for the
future, and I am confident that David's leadership, experience, and
strategic vision will accelerate the Company's growth. I want to
thank the entire Avante team for their hard work and commitment
through this transition."

The partners at Staple Street Capital commented, "As we turn the
page to a new chapter for Avante, we are excited to be partnered
with David as Avante's new CEO, and to invest in Avante's
operational capabilities, service offerings, and customer service.
David's leadership, deep industry knowledge, and operational
expertise will be instrumental in driving the next phase of growth.
With a strong balance sheet and a focused strategy, Avante is
well-positioned to enhance its service and parts capabilities and
continue delivering high-quality solutions to its customers. We
want to thank Jim Leitl for his stewardship of the business during
this transition."

Avante remains committed to its core mission of providing
high-quality, cost-effective service and parts solutions, ensuring
that Avante remains a trusted partner to its customers across all
of their Diagnostic Imaging, Ultrasound, and Patient Monitoring
needs. With Staple Street Capital's investment and expertise, the
Company will focus on customer service enhancements and long-term
strategic growth.

Avante is advised in this matter by Polsinelli as legal counsel and
Riveron RTS, LLC as financial advisor.

Staple Street Capital is advised by Schulte, Roth, & Zabel, LLP as
legal counsel.

     About Staple Street Capital

Staple Street Capital is a leading private equity firm with
approximately $900 million of capital under management and invests
in market--leading businesses where there are transformational
opportunities to create value. SSC helps companies capitalize on
new opportunities to build stronger, more valuable businesses. For
more information see www.staplestreetcapital.com.

     About Jordan Health Products

Jordan Health Products I, Inc., doing business as Avante Health
Solutions, is a provider of medical equipment solutions, selling
new and refurbished equipment, parts, service, support, and
training to healthcare facilities worldwide. Several Avante
businesses act as independent service organizations ("ISO") for
various medical facilities to provide maintenance and support
services for equipment manufactured and produced by other companies
(known as original equipment manufacturers, or "OEMs").

Jordan Health Products I, Inc. and its affiliates sought protection
under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del. Lead
Case No. 24-12271) on Oct. 8, 2024. In the petitions signed by Rob
Hubbard, chief restructuring officer, the Debtors disclosed up to
$100 million in estimated assets and up to $500 million in
estimated liabilities.

The Debtors tapped Polsinelli PC as counsel, Riveron Management
Services, LLC as restructuring advisor, and Livingstone Partners
LLC as investment banker. Omni Agent Solutions, Inc., is the
Debtors' notice, claims, and balloting agent.


AVIENT CORP: Egan-Jones Retains BB- Senior Unsecured Ratings
------------------------------------------------------------
Egan-Jones Ratings Company on January 7, 2025, maintained its 'BB-'
foreign currency and local currency senior unsecured ratings on
debt issued by Avient Corporation. EJR also withdrew the rating on
commercial paper issued by the Company.

Headquartered in Avon Lake, Ohio, Avient Corporation is an
international polymer services company with operations in North
America, Europe, Asia, Australia, and South America.


AVIS BUDGET: Egan-Jones Retains BB Senior Unsecured Ratings
-----------------------------------------------------------
Egan-Jones Ratings Company on January 21, 2025, maintained its 'BB'
foreign currency and local currency senior unsecured ratings on
debt issued by Avis Budget Group, Inc. EJR also withdrew the rating
on commercial paper issued by the Company.

Headquartered in Parsippany-Troy Hills, New Jersey, Avis Budget
Group, Inc. provides mobility solutions.


AW CONCORDIA: Gets Interim OK to Use Cash Collateral Until April 30
-------------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Georgia
granted AW Concordia Holdings, LLC interim authorization to use
cash collateral.

The interim order authorized the company to use cash collateral
from Feb. 1 to April 30 to pay the operating expenses set forth in
its budget.

The budget shows total monthly expenses of $111,653.65 for
February, $110,153.65 for March, $104,953.65 for April, $101,303.65
for May, $99,303.65 for June, and $100,303.65 for July.

The court provided adequate protection to Stone Bank by granting a
replacement lien on all property acquired by AW after the petition
date that is of the same or similar nature, kind, or character as
the bank's pre-bankruptcy collateral.

Stone Bank will receive a monthly payment of $34,153 during the
interim period.

                    About AW Concordia Holdings LLC

AW Concordia Holdings, LLC owns Concordia Eco Resort, a historic
property with environmentally friendly villas and rustic ridge line
cabanas.

AW Concordia Holdings, LLC in Auburn GA, sought relief under
Chapter 11 of the Bankruptcy Code filed its voluntary petition for
Chapter 11 protection (Bankr. N.D. Ga. Case No. 24-21259) on Oct.
8, 2024, listing as much as $1 million to $10 million in both
assets and liabilities. David M. Williams, M.D., as managing
member, signed the petition.

The Debtor is represented by:

   Will B. Geer
   William A. Rountree
   Rountree Leitman Klein & Geer LLC
   Tel: 404-584-1238
   Email: wgeer@rlkglaw.com


AZTEC FUND: To Sell 3 Office Bldgs. to Resolve Chap. 11 Dispute
---------------------------------------------------------------
Alex Wittenberg of Law360 Bankruptcy Authority reports that Aztec
Fund, a private equity investment group, told a Texas bankruptcy
judge on February 7, 2025, that it intends to sell three office
buildings and liquidate through Chapter 11 to resolve its
insolvency dispute with Bank of America.

              About Aztec Fund Holding, Inc.

The Aztec Fund Holding Inc. invests in office buildings in the
United States and thus create real estate portfolios that generate
regular cash flows and sustainable value over time.

The Aztec Fund Holding Inc. and its affiliates sought relief under
Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Lead Case
No. 24-90436) on August 5, 2024. In the petition filed by Charles
Haddad, as president, the Debtor reports estimated assets between
$10 million and $50 million and estimated liabilities between $100
million and $500 million.

The Honorable Bankruptcy Judge Christopher M. Lopez oversees the
cases.

The Debtors tapped Munsch Hardt Kopf & Harr, P.C., as counsel; and
Getzler Henrich & Associates LLC as financial advisor. Hilco Real
Estate Appraisals, LLC is the real estate appraiser. Stretto, Inc.,
is the claims agent.


B-1208 PINE: Unsecureds' Recovery "Unknown" in Creditor's Plan
--------------------------------------------------------------
Pivot Apartments Lender LLC, a secured creditor and mortgagee of
B-1208 Pine, LLC, submitted a Second Amended Disclosure Statement
describing Second Amended Plan of Liquidation for the Debtor dated
January 31, 2025.

The Debtor owns the Project. The Project is comprised of 95
residential units, almost 5,000 square feet of retail space, and is
at approximately 90% to 95% occupancy.

Development and construction of the Project spanned seven years,
although vertical construction largely occurred during the COVID-19
pandemic. In July 2015, SolTerra, LLC, dba Vibrant Cities, the
Debtor's upstream parent, entered into a purchase and sale
agreement to acquire the real property that would later become the
Project.

The Plan provides for the liquidation of the Debtor by selling the
Debtor's only material asset, the Property, to generate proceeds to
pay Allowed Claims of the Debtor's estate as more fully described
herein and in the Plan.

The Proponent intends to sell the Property (and the Property Causes
of Action) to obtain its highest and best price, in accordance with
applicable provisions of the Bankruptcy Code. The closing of the
Sale shall take place following the Auction in accordance with the
Bid Procedures.

In summary, the Broker will market the Property (and the Property
Causes of Action) and conduct an Auction following confirmation at
which the Proponent will be entitled, within its discretion, to
submit a credit bid up to the Allowed amount of the Lender's Claim.
In the event there are no other bidders for the Property other than
the Lender (or its nominee(s), designee(s) or assignee(s)), the
amount of such credit bid shall be the minimum bid amount set forth
in the Bid Procedures.

The winning bidder at the Auction (the "Successful Bidder") shall
take title to the Property (and the Property Causes of Action) free
and clear of all liens, claims and encumbrances pursuant to
Sections 363(f) and 1123(a)(5) of the Bankruptcy Code, and if the
purchaser of the Property is the Lender (or its designee, assignee
or nominee) with a credit bid, the Walsh Lien, which shall survive
and the Property will be transferred to the Lender (or its
designee, assignee or nominee) subject to the Walsh Lien, to the
extent it has not been expunged by a Final Order of this Court.

In the event that the Available Cash on the Effective Date is
insufficient to provide creditors of the Debtor's estate with the
distributions required to be made on the Effective Date, any
shortfall will be funded by the Proponent by either reducing the
distribution to be made on account of the Lender's Secured Claim in
Class 2, or through Cash to be provided by the Proponent with any
such shortfall funding constituting an administrative claim against
the Debtor's estates payable from Available Cash after the
Effective Date.

Class 5 consists of General Unsecured Claims. The claimant at
Docket 1, Schedule F at 3.31 with a claim in the amount of
$255,370.97 has advised Proponent that it has waived the claim
against the Debtor. In addition, the Proponent has agreed to ensure
a minimum distribution of $77,008.96 to the Plan Administrator from
Available Cash who can either distribute the funds to holders of
Allowed Class 5 General Unsecured Claims or use the funds to fund
investigation(s) and litigation(s).

The $77,008.96 shall be funded by the Proponent either in cash from
the proceeds of the Sale of the Property otherwise payable to the
Proponent or by contributing such funds in cash. The Proponent
shall be entitled to an administrative expense claim for such
amount to the extent such minimum distribution comes from funds of
the Proponent or funds otherwise to have been paid to the
Proponent. The $77,008.96 shall be kept in a segregated account by
the Plan Administrator to fund its investigations and/or litigation
to be brought by the Plan Administrator and/or make a distribution
to holders of Allowed Class 5 General Unsecured Claims.

The $77,008.96 shall not be used to pay administrative claims of
Debtor/Debtor’s professionals. The amount and timing of any such
distribution of Available Cash to holders of Allowed Class 5
General Unsecured Claims shall be within the discretion of the Plan
Administrator. Under the Plan, the Proponent waives any right under
this Plan only to receive a distribution from such $77,008.96 and
reserves all other rights.

The estimated recovery for General Unsecured Claims is "unknown",
according to the Second Amended Disclosure Statement.

Holders of Allowed Class 6 Interests shall continue to retain and
maintain such Interests in the Debtor and the Post-Confirmation
Debtor following the Effective Date of the Plan in the same
percentages as existed as of the Petition Date.

The Plan will be funded by monies made available from the Sale of
the Property (and the Property Causes of Action). However, the
Proponent shall advance such funds as are necessary to make
payments required under the Plan if the Sale proceeds are
insufficient to fund all payments required under the Plan.

A full-text copy of the Second Amended Disclosure Statement dated
January 31, 2025 is available at https://urlcurt.com/u?l=4y9722
from PacerMonitor.com at no charge.

Attorneys for Pivot Apartment Lenders, LLC:

     FOSTER GARVEY P.C.
     Dan Youngblut, Esq.
     1111 Third Avenue, Suite 3000
     Seattle, WA 98101
     Telephone: (206) 447-4400
     Email: dan.youngblut@foster.com

     KRISS & FEUERSTEIN LLP
     Jerold C. Feuerstein, Esq.
     Daniel N. Zinman, Esq.
     360 Lexington Avenue, 12th Floor
     New York, New York 10017
     Telephone: (212) 661-2900
     Email: jfeuerstein@kandfllp.com
            dzinman@kandfllp.com

                        About B-1208 Pine LLC

B-1208 Pine LLC is the owner of real property and improvements
thereon located at 1208 Pine Street, Seattle, WA 98122, commonly
known as the Pivot Apartments. The Property is valued at $31.72
million.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. W.D. Wash. Case No. 24-10088) on January
16, 2024. In the petition signed by James H. Wong, manager, the
Debtor disclosed $32,134,497 in assets and $46,793,638 in
liabilities.

Judge Marc L Barreca oversees the case.

James L. Day, Esq., at Bush Kornfield, LLP, is the Debtor's legal
counsel.


BALLISTIC FABRICATION: Gets Extension to Access Cash Collateral
---------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Arizona extended
Ballistic Fabrication, LLC's authority to use cash collateral from
Feb. 1 to March 31.

The court order authorized the company to use cash collateral to
pay the expenses set forth in its projected budget, which shows
total projected expenses of $87,022 for January, $87,665 for
February, $83,153 for March.

Each creditor with a security interest in cash collateral will be
granted a post-petition lien on cash collateral to the same extent
and with the same validity and priority as its pre-bankruptcy
lien.

The order is without prejudice to any subsequent request by any
party for modified adequate protection or restrictions on the
company's use of cash collateral.

A continued hearing on the motion is set for Feb. 25.

                     About Ballistic Fabrication

Ballistic Fabrication, LLC, a company in Tucson, Ariz., filed a
petition under Chapter 11, Subchapter V of the Bankruptcy Code
(Bankr. D. Ariz. Case No. 24-06403) on August 4, 2024, with up to
$50,000 in assets and up to $1 million in liabilities.

Judge Brenda Moody Whinery oversees the case.

The Debtor is represented by:

   CHARLES R HYDE
   Law Offices Of C.R. Hyde, PLC
   Tel: 520-270-1110
   Email: crhyde@gmail.com


BANK5 2025-5YR13: Fitch Assigns 'B-(EXP)sf' Rating on Two Tranches
------------------------------------------------------------------
Fitch Ratings has assigned expected ratings and Rating Outlooks to
BANK5 2025-5YR13, commercial mortgage pass-through certificates,
series 2025-5YR13 as follows:

- $2,050,000 class A-1 'AAAsf'; Outlook Stable;

- $200,000,000ab class A-2 'AAAsf'; Outlook Stable;

- $0b class A-2-1 'AAAsf'; Outlook Stable;

- $0bc class A-2-X1 'AAAsf'; Outlook Stable;

- $0b class A-2-2 'AAAsf'; Outlook Stable;

- $0bc class A-2-X2 'AAAsf'; Outlook Stable;

- $288,115,000ab class A-3 'AAAsf'; Outlook Stable;

- $0b class A-3-1 'AAAsf'; Outlook Stable;

- $0bc class A-3-X1 'AAAsf'; Outlook Stable;

- $0b class A-3-2 'AAAsf'; Outlook Stable;

- $0bc class A-3-X2 'AAAsf'; Outlook Stable;

- $490,165,000c class X-A 'AAAsf'; Outlook Stable;

- $66,522,000b class A-S 'AAAsf'; Outlook Stable;

- $0b class A-S-1 'AAAsf'; Outlook Stable;

- $0bc class A-S-X1 'AAAsf'; Outlook Stable;

- $0b class A-S-2 'AAAsf'; Outlook Stable;

- $0bc class A-S-X2 'AAAsf'; Outlook Stable;

- $35,012,000b class B 'AA-sf'; Outlook Stable;

- $0b class B-1 'AA-sf'; Outlook Stable;

- $0bc class B-X1 'AA-sf'; Outlook Stable;

- $0b class B-2 'AA-sf'; Outlook Stable;

- $0bc class B-X2 'AA-sf'; Outlook Stable;

- $27,134,000b class C 'A-sf'; Outlook Stable;

- $0b class C-1 'A-sf'; Outlook Stable;

- $0bc class C-X1 'A-sf'; Outlook Stable;

- $0b class C-2 'A-sf'; Outlook Stable;

- $0bc class C-X2 'A-sf'; Outlook Stable;

- $128,668,000c class X-B 'A-sf'; Outlook Stable;

- $16,630,000d class D 'BBBsf'; Outlook Stable;

- $7,878,000d class E 'BBB-sf'; Outlook Stable;

- $24,508,000cd class X-D 'BBB-sf'; Outlook Stable;

- $9,628,000d class F 'BBsf'; Outlook Stable;

- $7,003,0000d class G 'BB-sf'; Outlook Stable;

- $10,503,000d class H 'B-sf'; Outlook Stable;

- $10,503,000cd class X-H 'B-sf'; Outlook Stable.

The following classes are not expected to be rated by Fitch:

- $7,003,000d class J;

- $7,003,000d class X-J;

- $22,757,747d class K;

- $22,757,747d class X-K;

- $29,104,513e class RR;

- $7,750,000e RR Interest.

(a) The initial certificate balances of classes A-2 and A-3 are
unknown and expected to be $488,115,000 in aggregate, subject to a
5% variance. The certificate balances will be determined based on
the final pricing of those classes of certificates. The expected
class A-2 balance range is $0-$200,000,000 (net of the vertical
risk retention interest), and the expected class A-3 balance range
is $288,115,000-$488,115,000 (net of the vertical risk retention
interest). Fitch's certificate balances for classes A-2 and A-3
reflect the high and low point of each range, respectively.

(b) The class A2, class A3, class AS, class B and class C are
exchangeable certificates. Each class of exchangeable certificates
may be exchanged for the corresponding classes of exchangeable
certificates, and vice versa. The dollar denomination of each of
the received classes of certificates must be equal to the dollar
denomination of each of the surrendered classes of certificates.

(c) Notional Amount and interest only.

(d) Privately Placed and pursuant to Rule 144A.

(e) Vertical-risk retention interest.

Transaction Summary

The certificates represent the beneficial ownership interest in the
trust, primary assets of which are 31 loans secured by 59
commercial properties having an aggregate principal balance of
$737,090,260 as of the cut-off date. The loans were contributed to
the trust by Bank of America, National Association, Morgan Stanley
Mortgage Capital Holdings, LLC, Wells Fargo Bank, National
Association and JPMorgan Chase Bank, National Association.

The master servicer is expected to be Wells Fargo Bank, National
Association and the special servicer is expected to be K-Star Asset
Management, LLC. The trustee and certificate administrator is
expected to be Computershare Trust Company, National Association.
The certificates are expected to follow a sequential paydown
structure.

KEY RATING DRIVERS

Fitch Net Cash Flow: Fitch performed cash flow analyses on 21 loans
totaling 92.5% of the pool by balance. Fitch's resulting aggregate
net cash flow (NCF) of $75.9 million represents a 15.5% decline
from the issuer's aggregate underwritten NCF of $89.8 million.

Higher Fitch Leverage: The pool has higher leverage compared to
recent multiborrower transactions rated by Fitch. The pool's Fitch
loan-to-value ratio (LTV) of 99.0% is higher than both the 2024 and
2023 five-year multiborrower transaction averages of 95.2% and
89.7%, respectively. The pool's Fitch NCF debt yield (DY) of 10.3%
is higher than both the 2024 and 2023 averages of 10.2% and 10.6%,
respectively.

Investment Grade Credit Opinion Loans: Two loans representing 13.5%
of the pool by balance received an investment grade credit opinion.
The Spiral received an investment grade credit opinion of 'AA-sf*'
on a standalone basis. Maritime Hotel received an investment grade
credit opinion of 'BBB-sf*' on a standalone basis. The pool's total
credit opinion percentage is higher than the 2024 average of 12.6%,
but lower than the 2023 average of 14.6% for five-year
multiborrower transactions. Excluding the credit opinion loans, the
pool's Fitch LTV and DY are 103.9% and 10.2%, respectively,
compared to the equivalent 2024 five-year multiborrower LTV and DY
averages of 99.1% and 9.9%, respectively.

Higher Pool Concentration: The pool is more concentrated than
recently rated Fitch transactions. The top 10 loans represent 64.7%
of the pool, which is higher than both the 2024 five-year
multiborrower average of 60.2% and the 2023 average of 65.3%. Fitch
measures loan concentration risk with an effective loan count,
which accounts for both the number and size of loans in the pool.
The pool's effective loan count is 18.8. Fitch views diversity as a
key mitigant to idiosyncratic risk. Fitch raises the overall loss
for pools with effective loan counts below 40.

Shorter-Duration Loans: Loans with five-year terms constitute 100%
of the pool, whereas Fitch-rated multiborrower transactions have
historically included mostly loans with 10-year terms. Fitch's
historical loan performance analysis shows that five-year loans
have a modestly lower probability of default (PD) than 10-year
loans, all else equal. This is mainly attributed to the shorter
window of exposure to potential adverse economic conditions. Fitch
considered its loan performance regression in its analysis of the
pool.

RATING SENSITIVITIES

Factors that Could, Individually or Collectively, Lead to Negative
Rating Action/Downgrade

- Original Rating:
'AAAsf'/'AA-sf'/'A-sf'/'BBBsf'/'BBB-sf'/'BBsf'/'BB-sf'/'B-sf';

- 10% NCF Decline:
'AAsf'/'A-sf'/'BBBsf'/'BB+sf'/'BBsf'/'B+sf'/'B-sf'/less than
'CCCsf'.

Factors that Could, Individually or Collectively, Lead to Positive
Rating Action/Upgrade

- Original Rating:
'AAAsf'/'AA-sf'/'A-sf'/'BBBsf'/'BBB-sf'/'BBsf'/'BB-sf'/'B-sf';

- 10% NCF Increase:
'AAAsf'/'AAsf'/'Asf'/'BBB+sf'/'BBBsf'/'BB+sf'/'BBsf'/'B+sf'.

USE OF THIRD PARTY DUE DILIGENCE PURSUANT TO SEC RULE 17G -10

Fitch was provided with Form ABS Due Diligence-15E (Form 15E) as
prepared by Ernst & Young LLP. The third-party due diligence
described in Form 15E focused on a comparison and re-computation of
certain characteristics with respect to each of the mortgage loans.
Fitch considered this information in its analysis and it did not
have an effect on its analysis or conclusions.

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.


BEECH INTERNATIONAL: Gets Extension to Access Cash Collateral
-------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of Pennsylvania
extended Beech International, LLC's authority to use cash
collateral from Jan. 31 to March 1.

The interim order authorized the company to use cash collateral,
other than those cash held by UMB Bank, National Association in
reserves, to pay the expenses included in its budget.

As adequate protection for the use of their cash collateral, UMB
Bank and PIDC Local Development Corporation were granted
replacement liens on all property of the company acquired after the
petition date, excluding proceeds of actions commenced under
Chapter 5 of the Bankruptcy Code.

The company's right to use cash collateral terminates on the
earliest of March 1; the entry of a subsequent interim cash
collateral order; the entry of a final order approving the use of
cash collateral; appointment of a trustee or examiner; converting
the company's Chapter 11 case to one under Chapter 7; or the filing
by Beech International of a motion to obtain financing secured by
liens senior to the liens in favor of UMB Bank.

A final hearing is scheduled for Feb. 26.

                       About Beech International LLC

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

Beech International filed Chapter 11 petition (Bankr. E.D. Pa. Case
No. 24-14406) on December 10, 2024, listing between $10 million and
$50 million in both assets and liabilities. Ken Scott, chief
executive officer of Beech International, signed the petition.

Judge Ashely M. Chan handles the case.

The Debtor is represented by:

     Robert Lapowsky, Esq.
     Stevens & Lee, P.C.
     620 Freedom Business Center, Ste. 200
     King of Prussia PA 19406
     Tel: (215) 751-2866
     Email: Robertlapowsky@stevenslee.com


BEYOND AIR: Registers $200-Mil. Securities Offering
---------------------------------------------------
Beyond Air, Inc. filed a preliminary prospectus on Form S-3 with
the U.S. Securities and Exchange Commission relating to the offer
to the public from time to time in one or more series or
issuances:

     * shares of common stock;
     * shares of preferred stock;
     * warrants to purchase shares of common stock, preferred stock
and/or debt securities;
     * debt securities consisting of debentures, notes or other
evidences of indebtedness;
     * units consisting of a combination of the foregoing
securities; or
     * any combination of these securities.

The aggregate initial offering price of all securities sold by
Beyond Air pursuant to this prospectus will not exceed
$200,000,000.

This prospectus provides a general description of the securities
that Beyond Air may offer. Each time that the Company offers
securities under this prospectus, it will provide the specific
terms of the securities offered, including the public offering
price, in a supplement to this prospectus. Any prospectus
supplement may add to, update or change information contained in
this prospectus.

The securities may be sold by the Company to or through
underwriters or dealers, directly to purchasers or through agents
designated from time to time.

Beyond Air's common stock trades on the Nasdaq Capital Market under
the ticker symbol "XAIR." On January 30, 2025, the last reported
sale price per share of the Company's common stock was $0.38. The
Company have not yet determined whether the other securities that
may be offered by this prospectus will be listed on any exchange,
interdealer quotation system or over-the-counter market. If it
decides to seek the listing of any such securities upon issuance,
the prospectus supplement relating to those securities will
disclose the exchange, quotation system or market on which those
securities will be listed.

A full-text copy of the registration statement is available at:

                  https://tinyurl.com/4xj8a4xx

                       About Beyond Air

Headquartered in Garden City, N.Y., Beyond Air, Inc. --
www.beyondair.net -- is a commercial-stage medical device and
biopharmaceutical company developing a platform of nitric oxide
generators and delivery systems (the "LungFit platform") capable of
generating NO from ambient air. The Company's first device, LungFit
PH, received premarket approval from the FDA in June 2022. The NO
generated by the LungFit PH system is indicated to improve
oxygenation and reduce the need for extracorporeal membrane
oxygenation in term and near term (34 weeks gestation) neonates
with hypoxic respiratory failure associated with clinical or
echocardiographic evidence of pulmonary hypertension in conjunction
with ventilatory support and other appropriate agents.

East Hanover, New Jersey-based Marcum LLP, the Company's auditor
since 2019, issued a "going concern" qualification in its report
dated June 24, 2024, citing that the Company has incurred
significant losses and needs to raise additional funds to meet its
obligations and sustain its operations. These conditions raise
substantial doubt about the Company's ability to continue as a
going concern.


BHAVICHAND LLC: Gets Interim OK to Use Cash Collateral
------------------------------------------------------
Bhavichand, LLC received interim approval from the U.S. Bankruptcy
Court for the Northern District of Texas to use cash collateral.

The company was authorized to use cash collateral in accordance
with its monthly budget, which shows projected monthly expenses of
$7,000.

Secured lenders including the U.S. Small Business Administration,
Alternative Funding Group Corp, and Forward Financing were granted
replacement liens and security interests in all property currently
owned or to be acquired by the company.

As additional protection, the secured lenders will receive a
monthly payment of $15,000.

A final hearing is scheduled for Feb. 18.

                    About Bhavichand LLC

Bhavichand LLC, doing business as Motel 6 Alvarado, operates in the
traveler accommodation industry. The company is based in Alvarado,
Texas.

Bhavichand sought relief under Subchapter V of Chapter 11 of the
U.S. Bankruptcy Code (Bankr. N.D. Texas Case No. 24-43756) on Oct.
16, 2024, with $1 million to $10 million in assets and $500,000 to
$1 million in liabilities. Satish D. Patel, manager, signed the
petition.

Judge Edward L. Morris handles the case.

The Debtor is represented by:

   Joyce W. Lindauer
   Joyce W. Lindauer Attorney, PLLC
   Tel: 972-503-4033
   Email: joyce@joycelindauer.com


BIG LOTS: Seeks Court OK to Sell Headquarters for $36MM
-------------------------------------------------------
Rick Archer of Law360 Bankruptcy Authority reports that Big Lots,
the bankrupt discount retailer, is seeking approval from a Delaware
bankruptcy judge to sell its Ohio headquarters to OhioHealth Corp.
for $36 million, a month after finalizing the sale of most of its
assets.

                         About Big Lots

Big Lots (NYSE: BIG) -- http://www.biglots.com/-- is one of the
nation's largest closeout retailers focused on extreme value,
delivering bargains on everything for the home, including
furniture, decor, pantry and more.

On Sept. 9, 2024, Big Lots, Inc. and each of its subsidiaries
initiated voluntary Chapter 11 proceedings (Bankr. D. Del. Lead
Case No. 24-11967). The case is being administered by the Honorable
J. Kate Stickles.

Davis Polk & Wardwell LLP is serving as legal counsel, Guggenheim
Securities, LLC is serving as financial advisor, AlixPartners LLP
is serving as restructuring advisor, and A&G Real Estate Partners
is serving as real estate advisor to the Company. Kroll is the
claims agent.

Kirkland & Ellis is serving as legal counsel to Nexus Capital
Management LP.

PNC Bank, National Association, the DIP ABL Agent and Prepetition
ABL Agent, is represented by Choate, Hall & Stewart, LLP; and Blank
Rome, LLP. 1903P Loan Agent, LLC, the DIP Term Agent, and the
Prepetition Term Loan Agent are represented by Otterbourg, P.C. and
Richards, Layton & Finger, P.A.


BLINK HOLDINGS: Updates Unsecured Claims Pay; Files Amended Plan
----------------------------------------------------------------
Blink Holdings, Inc. and its affiliates submitted a Second Amended
Combined Disclosure Statement and Joint Chapter 11 Plan dated
January 31, 2025.

This Plan constitutes a separate chapter 11 plan of liquidation for
each Debtor.

The Committee investigated the Prepetition Obligations and the
Prepetition Liens. On November 13, 2024, the Committee filed a
motion for standing to assert Challenges (as defined in the Final
DIP Order) to (i) obtain a declaration that certain assets are
unencumbered by the Prepetition Liens (collectively, the "Potential
Unencumbered Assets"), or (ii) avoid as unperfected the Prepetition
Liens against the Potential Unencumbered Assets (the "Standing
Motion").

The Potential Unencumbered Assets include certain Avoidance Actions
not transferred pursuant to the Asset Purchase Agreements and the
Sale Documents. With the potential exception of the Potential
Unencumbered Assets, any Preserved Causes of Action or other
remaining Assets of the Debtors, if any, are subject to the
Prepetition Liens.

Class 4 consists of General Unsecured Claims. Holders of General
Unsecured Claims (including the Prepetition Loan Deficiency Claim,
if any) will not receive or retain any property or interest in
property under the Plan on account of their General Unsecured
Claims. The allowed unsecured claims total $163.7 million, plus the
Prepetition Loan Deficiency Claim. This Class will receive a
distribution of 0% of their allowed claims.

On the Effective Date, all Interests shall be cancelled, released
and extinguished as of the Effective Date, and Holders thereof
shall receive no Distribution on account of such Interests.

This Plan will be implemented by, among other things, the
appointment of the Plan Administrator as the sole officer or
manager of each of the Post-Effective Date Debtors as of the
Effective Date and the representative of the Estates, and the
making of Distributions to Holders of Allowed Claims from the Wind
Down Assets, Sale Proceeds, and Distributable Proceeds, as
applicable.

All consideration necessary to make all monetary payments in
accordance with this Plan shall be obtained from Sale Proceeds,
Cash on hand as of the Effective Date, and the Wind Down Assets.

Except as otherwise provided herein, on the Effective Date, the
Wind Down Assets shall vest in the Estates of the Post-Effective
Date Debtors, free and clear of all Claims, liens, charges, other
encumbrances and Interests. On and after the Effective Date, the
Plan Administrator may use, acquire, or dispose of the Wind Down
Assets and compromise or settle any Claims and Preserved Causes of
Action without supervision or approval by the Bankruptcy Court and
free of any restrictions of the Bankruptcy Code or Bankruptcy
Rules.

A full-text copy of the Second Amended Combined Disclosure
Statement and Joint Plan dated January 31, 2024 is available at
https://urlcurt.com/u?l=k8BB8r from EPIQ Corporate Restructuring
LLC, claims agent.

Counsel to the Debtors:

     Michael R. Nestor, Esq.
     Sean T. Greecher, Esq.
     Allison S. Mielke, Esq.
     Timothy R. Powell, Esq.
     Rebecca L. Lamb, Esq.
     Benjamin C. Carver, Esq.
     Young Conaway Stargatt & Taylor, LLP
     Rodney Square
     1000 North King Street
     Wilmington, Delaware 19801
     Telephone: (302) 571-6600
     Facsimile: (302) 571-1253
     Email: mnestor@ycst.com
            sgreecher@ycst.com
            amielke@ycst.com
            tpowell@ycst.com
            rlamb@ycst.com
            bcarver@ycst.com
        
                      About Blink Holdings

Blink Holdings, Inc., is a provider of fitness services in the high
value, low price fitness category.

Blink Holdings and more than 100 of its affiliates sought relief
under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del. Lead
Case No. 24-11686) on Aug. 12, 2024. At the time of the filing,
Blink Holdings disclosed $100 million to $500 million in both
assets and debt.

Judge J. Kate Stickles presides over the cases.

Young Conaway Stargatt & Taylor, LLP serves as the Debtors'
counsel. Moelis & Company is the Debtors' investment banker and
EPIQ Corporate Restructuring LLC is the Debtors' notice and claims
agent.

The U.S. Trustee for Region 3 appointed an official committee to
represent unsecured creditors in the Debtors' Chapter 11 cases.


BOEING COMPANY: Egan-Jones Retains B Senior Unsecured Ratings
-------------------------------------------------------------
Egan-Jones Ratings Company on January 9, 2025, maintained its 'B'
foreign currency and local currency senior unsecured ratings on
debt issued by Boeing Company. EJR also withdrew the rating on
commercial paper issued by the Company.

Headquartered in Arlington County, Virginia, Boeing Company
operates as an aerospace company.


BRIGHT LAKES: To Sell 4.5 Acres Land to Team KAM for $1.1MM
-----------------------------------------------------------
Bright Lakes - Cielo Villas, LLC, seeks permission from the U.S.
Bankruptcy Court for the Western District of Texas, San Antonio
Division, to sell real estate located in Bexar County, Texas, free
and clear of all interests.

The Debtor, a Texas limited company, signed a contract to sell the
Property, which is comprised of 4.5 plus acres of land, to Team KAM
Enterprises Ltd. in the purchase price of $1,100,000.

The Property is encumbered by three debts:

   a. Bexar County filed a claim for 2024 property taxes of
$25,235.31;

   b. Southwest Guaranty Mortgage Corporation, Debtor’s primary
secured lender, filed a claim for $3,228,517.83; and

   c. Ashland Investment has a second lien on the property for
approximately $320,000.

In addition, and in order for any development to occur on the land,
mitigation costs of $210,000 to the Golden-Cheek Warbler
Conservation and $26,391.00 must be paid no later than February 28,
2025. If the fees are not timely paid, then in order to fulfill
mitigation requirements, a new agreement to purchase mitigation
credits will need to be entered that could take up to a year to
fulfil and at additional costs.

The Debtor is required to provide a water main on the property,
which is a bid to provide the water main tap on the land. The cost
of the water main is $55,975.

The Debtor owes less than $160,000 in noninsider unsecured Debts
and approximately $70,000 in insider unsecured debts.

The distribution of sales proceeds is projected as follows:

-- Closing Costs Estimate with $81,311

-- MTR Engineering with $30,000

-- City of San Antonio Mitigation with $26,3917

-- Golden Cheek Warbler Mitigation with $210,0008

-- Water Main Installation with $55,975

-- Prorate 2025 Bexar County Taxes with $1175

-- Bexar County Taxes (2024) with $25,750

-- UST Quarterly Fees (Approximate) $690010 Estimated Total Closing
Distributions of $437,502

The Debtor proposes to sell the Property free and clear of all
interests.

               About Bright Lakes - Cielo Villas, LLC

Bright Lakes - Cielo Villas LLC is engaged in activities related to
real estate.

Bright Lakes - Cielo Villas LLC sought relief under Chapter 11 of
the U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 24-52243) on
Nov. 4, 2024. In the petition filed by Craig Glendenning, as
manager, the Debtor estimated assets and liabilities between $1
million and $10 million each.

The Honorable Bankruptcy Judge Craig A. Gargotta handles the case.

The Debtor is represented by Ronald Smeberg, Esq. at THE SMEBERG
LAW FIRM.


BRINKER INTERNATIONAL: Egan-Jones Hikes Sr. Unsec. Ratings to B+
----------------------------------------------------------------
Egan-Jones Ratings Company on January 24, 2025, upgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Brinker International, Inc. to B+ from B. EJR also
withdrew the rating on commercial paper issued by the Company.

Headquartered in Dallas, Texas, Brinker International, Inc.
operates as a casual dining restaurant company.


BROOKDALE SENIOR: Egan-Jones Retains CC Senior Unsecured Ratings
----------------------------------------------------------------
Egan-Jones Ratings Company on January 14, 2025, maintained its 'CC'
foreign currency and local currency senior unsecured ratings on
debt issued by Brookdale Senior Living Inc. EJR also withdrew the
rating on commercial paper issued by the Company.

Headquartered in Brentwood, Tennessee, Brookdale Senior Living Inc.
operates senior living facilities in the United States.


BRPS TITLE: Gets Interim OK to Use Cash Collateral Until April 15
-----------------------------------------------------------------
BRPS Title of Texas, LLC received interim approval from the U.S.
Bankruptcy Court for the Southern District of Texas to use the cash
collateral of its secured creditors until April 15.

The court order authorized the company to use the cash collateral
of Thoro Corp, MNR Capital Group, and DLP Funding, LLC to pay the
expenses set forth in its budget.

Secured creditors will be granted replacement liens on the
company's post-petition assets as adequate protection. As
additional protection, secured creditors will receive payments on
Feb. 10, March 10 and April 10.

BRPS was ordered to maintain a combined cash and deposit balance of
at least $20,000 and must not spend cash collateral if the balance
falls below this amount.

                     About BRPS Title of Texas

BRPS Title of Texas, LLC filed Chapter 11 petition (Bankr. S.D.
Texas Case No. 24-36006) on December 23, 2024, with up to $50,000
in assets and up to $10 million in liabilities. Jason Klam, chief
operating officer of BRPS, signed the petition.

Judge Jeffrey P. Norman oversees the case.

The Debtor is represented by:

    Susan Tran Adams, Esq.
    Tran Singh, LLP
    2502 La Branch St
    Houston, TX 77004
    Tel: 832-975-7300
    Fax: (832) 975-7301
    Email: stran@ts-llp.com


BTG TEXTILES: Seeks Cash Collateral Access
------------------------------------------
BTG Textiles, LLC asked the U.S. Bankruptcy Court for the Central
District of California, Los Angeles Division, for authority to use
cash collateral and provide adequate protection.

The company requires the use of cash collateral to pay operating
expenses.

The company's secured creditors are Transportation Alliance Bank,
Inc., the U.S. Small Business Administration, Bank of America,
Crown Equipment Corporation, Mercedes-Benz Financial Services, TD
Auto Finance, and Unicarriers Capital, a Program of De Lage Landen
Financial Service.

Out of these seven secured creditors, the only creditor with an
interest in the company's cash collateral is TAB Bank, with an
estimated claim of $9.494 million secured by a blanket lien against
the company's assets, and subject to two Subordination Agreements
with the SBA.

BTG Textiles initially entered into an Asset-Based Lending
Agreement with TAB Bank for $8.5 million, which was later increased
to $12 million. During the COVID-19 pandemic, the company managed
to stay open and cover its expenses while many businesses
struggled. However, in February 2024, TAB Bank unilaterally raised
fees, reduced the credit limit by $2.5 million, and forced BTG to
enter a new agreement, replacing the previous loan with an Accounts
Receivable Purchase and Security Agreement. TAB Bank also contacted
the company's customers, which strained relationships with both
customers and vendors. TAB Bank charged $2.2 million in interest
and fees in 2024, putting significant pressure on the company's
business. BTG Textiles began seeking alternative financing and
negotiating with TAB Bank for an extension, but TAB Bank refused
and threatened foreclosure on all assets, prompting the company to
file for bankruptcy.

As adequate protection, BTG Textiles proposed to pay TAB Bank
$20,000 monthly adequate protection during this budget period, with
the payment due within five days from the entry of the order
authorizing interim use of cash collateral. The company will also
grant a replacement lien to TAB Bank on its post-petition assets
pursuant to the collateral described in TAB Bank's UCC Financing
Statement with the same priority as existed prior to the filing and
up to the value of the cash collateral actually used post-petition.
The scope of the replacement lien is limited to the amount that the
cash collateral diminishes post-petition as a result of the
company's post-petition use of the cash collateral.

Meanwhile, BTG Textiles proposed a replacement lien to the SBA on
its post-petition assets pursuant to the collateral described in
SBA's UCC Financing Statement with the same priority as existed
prior to the filing and up to the value of the cash collateral
actually used post-petition.


                         About BTG Textiles

BTG Textiles, LLC is an importer and distributor of hospitality and
healthcare textiles (mainly towels and bedsheets) and other textile
and non-textile items needed in hotels and healthcare facilities.

BTG Textiles sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. C.D. Calif. Case No. 25-10548) on January
24, 2025, with up to $50 million in both assets and liabilities.
Yohan Soleman Chowdhury, president and chief executive officer of
BTG Textiles, signed the petition.

Judge Vincent P. Zurzolo oversees the case.

Michael Jay Berger, Esq., at the Law Offices of Michael Jay Berger,
represents the Debtor as bankruptcy counsel.

TAB Bank, as secured creditor, is represented by:

     Michele S. Assayag, Esq.
     Byron B. Mauss, Esq.
     Snell & Wilmer L.L.P.
     600 Anton Boulevard, Suite 1400
     Costa Mesa, California 92626
     Telephone: (714) 427-7000
     Facsimile: (714) 427-7799
     massayag@swlaw.com
     bmauss@swlaw.com


BTG TEXTILES: Seeks to Tap Michael Berger as Legal Counsel
----------------------------------------------------------
BTG Textiles Inc. seeks approval from the U.S. Bankruptcy Court for
the Central District of California to hire the Law Offices of
Michael Jay Berger as its legal counsel.

The firm will render these services:

     (a) communicate with creditors of the Debtor;

     (b) review the Debtor's Chapter 11 bankruptcy petition and all
supporting schedules;

     (c) advise the Debtor of its legal rights and obligations in a
bankruptcy proceeding;

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

     (e) prepare status reports as required by the Court;

     (f) respond to any motions filed in the Debtor's bankruptcy
proceeding;

     (g) respond to creditor inquiries;

     (h) review proofs of claim filed in the Debtor's bankruptcy;

     (i) object to inappropriate claims;

     (j) prepare Notices of Automatic Stay in all state court
proceedings in which the Debtor is sued during the pendency of its
bankruptcy proceedings; and

     (k) prepare a Chapter 11 Plan of Reorganization for the
Debtor.

The firm will be paid at these hourly rates:

     Michael Jay Berger, Attorney         $645
     Sofya Davtyan, Partner               $595
     Robert Poteete, Associate Attorney   $475
     Senior Paralegals/Law Clerks         $200 to $275

On Dec. 4, 2024, the Debtor paid the firm a retainer of $25,000 and
a filing fee of $1,738.
`
Mr. 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 through:

     Michael Jay Berger, Esq.
     Law Offices of Michael Jay Berger
     9454 Wilshire Blvd., 6th Floor
     Beverly Hills, CA 90212
     Telephone: (310) 271-6223
     Facsimile: (310) 271-9805
     Email: Michael.Berger@bankruptcypower.com

         About BTG Textiles Inc.

BTG Textiles Inc. is a Montebello, California-based textile
manufacturer and distributor. Founded in 1988, the company
manufactures and distributes textile products to healthcare
facilities, institutional laundries, janitorial services, and
hospitality businesses. BTG operates manufacturing facilities in
Bangladesh, Portugal, and Pakistan, maintaining its principal place
of business at 710 Union Street in Montebello.

BTG Textiles Inc. sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. C.D. Cal. Case No. 25-10548) on January 254
2025. In its petition, the Debtor reports estimated assets and
liabilities between $10 million and $50 million each.

Honorable Bankruptcy Judge Vincent P. Zurzolo handles the case.

The Debtor is represented by Michael Jay Berger, Esq., at Law
Offices of Michael Jay Berger, in Beverly Hills, California.


CALIFORNIA ENVIRONMENTAL: Seeks to Use Cash Collateral
------------------------------------------------------
California Environmental Systems, Inc. asked the U.S. Bankruptcy
Court for the Eastern District of California, Sacramento Division,
for authority to use cash collateral through Feb. 28.

The company faced significant financial difficulties in recent
years, including the loss of its largest contract, which stopped
payments, forcing the company to continue operations for seven
months without compensation. Despite completing 98% of the project,
financial constraints halted progress. Efforts to secure help from
the surety company, Great American Insurance, failed, and the
company took over the project, incurring costs and suing the
company for over $12 million. Adding to the strain, Bank of America
called in its line of credit and credit card, and the company
struggled to negotiate a payment plan. Despite these challenges,
the company remained committed to its employees, customers, and its
work, but ultimately filed for bankruptcy to restructure its debts,
as closing the business was the only other option.

Bank of America, N.A., Zurich American Insurance Company, Great
American Insurance Company, Collectronics of California, assignee
for Gary Looney dba Aaction Rents, Internal Revenue Service and
Employment Development Department, that may have an interest in the
cash collateral.

As adequate protection, California Environmental Systems will
provide Bank of America, Zurich, GAIC, Collectronics, IRS and EDD a
replacement security interest and lien in the prepetition and
postpetition assets of the company to the same extent and priority
granted Secured Creditors pursuant to the Prepetition Loan
Documents. The Adequate Protection Replacement Lien will be
automatically perfected without the need for any additional filings
or notices.

California Environmental Systems will also pay monthly adequate
protection payments to the Secured Creditors starting February
2025.

A hearing on the matter is set for February 13.

            About California Environmental Systems

California Environmental Systems, Inc. is a full-service mechanical
contractor specializing in the installation and design/build of
plumbing, heating, and air conditioning systems.

California Environmental Systems filed Chapter 11 petition (Bankr.
E.D. Calif. Case No. 25-20329) on February 27, 2025, listing up to
$10 million in both assets and liabilities. Jeanette Pierce,
secretary of California Environmental Systems, signed the
petition.

Judge Ronald H. Sargis oversees the case.

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


CAREMAX INC: Unsecureds Will Get 0.22% of Claims in Plan
--------------------------------------------------------
CareMax Inc. and its Debtor Affiliates submitted a Disclosure
Statement for the Amended Joint Chapter 11 Plan dated January 31,
2025.

Founded in 2011, the Debtors are a value-based care delivery system
that utilizes a proprietary technology-enabled platform and
multi-specialty, whole person health model to deliver
comprehensive, preventative, and coordinated care for its members.

The Debtors have two primary business lines: (i) the management
services organization ("MSO") business acquired from Steward on
November 10, 2022 (the "MSO Business") and (ii) the clinical care
centers through its network of employed and contracted primary care
providers and specialist physicians, provide a comprehensive range
of medical services, including primary and preventative care,
specialist services, diagnostic testing, chronic disease management
and pharmacy and optometry services under value-based care
contracts (such business, the "Core Centers Business").

The Debtors operate 46 clinical centers (each, a "CareMax Center,"
and collectively, the "CareMax Centers") based in Florida, and
employ approximately 1,100 employees who serve approximately
260,000 patients annually with approximately 200,000 active members
across all business lines.

In the midst of market headwinds and the Debtors' need to
deleverage their balance sheet, the Debtors shifted their strategic
focus to achieve a comprehensive restructuring transaction.
Although CareMax continued its own sale process, the uncertainty
around Stewardship Health's process presented challenges for
prospective bidders to acquire the MSO Business without the
cooperation of Steward (or the ultimate buyer of Stewardship
Health, Brady Health Buyer, LLC (the "Stewardship Purchaser")),
given the interconnectedness of the businesses and services
provided that are essential to the MSO Business' operations.

As set forth in the Plan and as described herein, the Company
negotiated a sale of the ACO Business to RHG Network, LLC, a
wholly-owned direct subsidiary of the Stewardship Purchaser (the
"ACO Purchaser," and such transaction, the "ACO Sale Transaction").
Given the foregoing and the Debtors' extensive marketing process,
the Debtors believe the ACO Purchaser is the only party interested
in acquiring the ACO Business at the value set forth in the ACO
SPA.

Beginning in June 2024, the Company and its Advisors launched a
robust marketing and sale process for all or substantially all of
the Debtors' assets related to the Core Centers Business (the "Core
Centers Assets"). Although the Company received various bids, the
most desirable bids were contingent on implementing the sale
through a chapter 11 court process. After multiple rounds and
significant arm's-length negotiation, the Company ultimately
decided to pursue an in court marketing and sale process for its
Core Centers Assets (the "Core Centers Sale Transaction"). During
these Chapter 11 Cases, the Debtors will continue the marketing
process for the Core Centers Assets in pursuit of any actionable
higher or better bids in accordance with the proposed Bidding
Procedures.

The Company, in consultation with its Advisors, worked to garner
support from 100% of the Consenting Term Loan Lenders and the ACO
Purchaser to negotiate and document the RSA and obtain a commitment
on financing necessary to continue to fund operations prior to the
filing of these Chapter 11 Cases. On November 17, 2024, after good
faith, arm's-length negotiations, the Debtors reached an agreement
with the Consenting Term Loan Lenders holding 100% of the
outstanding Prepetition Term Loan Claims, and the ACO Purchaser, on
the terms of the RSA.

The RSA contemplates a comprehensive restructuring of the Debtors
through consummation of the Core Centers Sale Transaction and the
ACO Sale Transaction (collectively, the "Sale Transactions") and an
orderly winddown of any remaining assets not acquired in either
Sale Transaction, to be implemented through the Plan, and up to
$30.5 million in new money DIP Financing to fund these Chapter 11
Cases (in addition to the $19.0 million in bridge financing
provided during the prepetition period).

Class 3 consists of General Unsecured Claims. On the Effective
Date, or as soon as reasonably practicable thereafter, except to
the extent that a Holder of an Allowed General Unsecured Claim
agrees to less favorable treatment for such Holder, in full and
final satisfaction of the Allowed General Unsecured Claim, each
Holder thereof will receive its Pro Rata share of the GUC Cash
Pool; provided, that any General Unsecured Claim assumed by either
Purchaser shall be deemed paid in full under the Plan and shall not
be entitled to any recovery from the GUC Cash Pool.

The allowed unsecured claims total $157.3 million. This Class will
receive a distribution of 0.22% of their allowed claims. This Class
is impaired.

The Debtors, the Post-Effective Date Debtors, or the Plan
Administrator, as applicable, shall fund the transactions and
distributions under the Plan from (a) Available Cash, (b) proceeds
from the DIP Facility, and (c) proceeds from the Sale Transactions,
all in accordance with the terms of the Plan.

A full-text copy of the Disclosure Statement dated January 31, 2025
is available at https://urlcurt.com/u?l=MC8nbE from Stretto, Inc.,
claims agent.

Proposed Attorneys for the Debtors:          

                  Thomas R. Califano, Esq.
                  Juliana L. Hoffman, Esq.
                  SIDLEY AUSTIN LLP
                  2021 McKinney Avenue, Suite 2000
                  Dallas TX 75201
                  Tel: (214) 981-3300
                  Email: tom.califano@sidley.com
                         jhoffman@sidley.com

                   - and -

                  Stephen Hessler, Esq.
                  Anthony R. Grossi, Esq.
                  Jason L. Hufendick, Esq.
                  SIDLEY AUSTIN LLP
                  787 Seventh Avenue
                  New York, New York 10019
                  Tel: (212) 839-5300
                  Fax: (212) 839-5599
                  Email: shessler@sidley.com
                         agrossi@sidley.com
                         jhufendick@sidley.com

                          About CareMax Inc.

CareMax Inc. is a provider of medical centers for elderly
patients.

CareMax and its affiliates sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. N.D. Tex. Lead Case No. 24-80093) on
Nov. 17, 2024.  In its petition, CareMax estimated liabilities
between $500 million and $1 billion and estimated assets between
$100 million and $500 million.

Judge Michelle V. Larson oversees the cases.

The Debtors tapped Sidley Austin, LLP as bankruptcy counsel;
Alvarez & Marsal North America, LLC as financial advisor; and Piper
Sandler & Co. as investment banker.  Stretto, Inc., is the Debtors'
claims, noticing and solicitation agent.

On Dec. 4, 2024, the Office of the United States Trustee appointed
an official committee of unsecured creditors.  The committee tapped
Pachulski Stang Ziehl & Jones LLP and Sills Cummis & Gross PC as
counsels and M3 Advisory Partners, LP as financial advisor.

On Dec. 19, 2024, Suzanne Koenig was appointed as the patient care
ombudsman in the Chapter 11 cases.  She tapped SAK Management
Services, LLC, doing business as SAK Healthcare, as medical
operations advisor and Ross, Smith & Binford, PC as counsel.


CARIBBEAN GOURMET: Hires Sherman C. Smith as Attorney
-----------------------------------------------------
Caribbean Gourmet Delights, Inc. seeks approval from the U.S.
Bankruptcy Court for the Eastern District of Virginia to employ
Sherman C. Smith, Esq., as attorney.

The firm will provide these services:

     a. represent the Debtor in this Chapter 11, Subchapter V and
to advise the Debtor as to its rights, duties and powers as a
debtor in possession;

     b. prepare and file all necessary statements, schedules, and
other documents and to negotiate and prepare one or more plans of
reorganization for the Debtor;

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

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

The firm will be paid at the rates of $200 to $250 per hour.

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

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

Sherman C. Smith, Esq., 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:

     Sherman C. Smith, Esq.
     11712 Jefferson Av. #427
     Newport News, VA 23606
     Telephone: (757) 947-4747
     Email: info@scsmith.org

              About Caribbean Gourmet Delights, Inc.

Caribbean Gourmet Delights, Inc., filed a Chapter 11 bankruptcy
petition (Bankr. E.D. Va. Case No. 24-50914-FJS) on Dec. 6, 2024.
The Debtor hires Sherman C. Smith, Esq., as counsel.


CAYMUS FUNDING: Seeks to Hire Scott B. Riddle LLC as Attorney
-------------------------------------------------------------
Caymus Funding Inc. seeks approval from the U.S. Bankruptcy Court
for the Northern District of Georgia to hire the Law Office of
Scott B. Riddle, LLC as counsel.

The firm will render these services:

     (a) advise Debtor with respect to its rights, powers, duties,
and obligations as a Debtor-In-Possession in the administration of
this case and the management of its property;

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

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

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

     (e) advise and assist the Debtor-in-Possession in the
formulation and presentation of a Plan of Reorganization or
Liquidation 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.

The firm will be paid at $450 per hour. The Debtor paid the firm a
retainer of $75,000.

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

Scott B. Riddle, Esq., managing member at Scott B. Riddle, 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:

     Scott B. Riddle, Esq.
     Scott B. Riddle, LLC
     3340 Peachtree Road NE Suite 1800
     Atlanta, GA 30326
     Tel: (404) 815-0164
     Email: scott@scottriddlelaw.com

      About Caymus Funding Inc.

Caymus Funding Inc. sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D. Ga. Case No. 25-50713) on January 23,
2025. In the petition signed by Clifford Hardwick, president and
chairman, the Debtor disclosed up to $10 million in assets and up
to $50 million in liabilities.

Scott Riddle, Esq., at Law Office of Scott B. Riddle, LLC,
represents the Debtor as legal counsel.


CELEBRATION COTTAGE: Hires Mary Cheatham as Real Estate Agent
-------------------------------------------------------------
Celebration Cottage AB, LLC seeks approval from the U.S. Bankruptcy
Court for the Eastern District of North Carolina to employ Mary
Cheatham King Real Estate as real estate agent.

The firm will market and sell the Debtor's real properties in
Carteret County located at 302, 304 and 307 Glenn Street, Atlantic
Beach, North Carolina 28512, and 1807 Bridges Street, Atlantic
Beach, North Carolina 28512.

The firm will be paid a commission of 6 percent of the gross sale
of the properties.

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:

     Mary Cheatham King Real Estate
     5420 Highway 70 West
     Morehead City, NC 28557
     Tel: (252) 518-5222

              About Celebration Cottage AB, LLC

Celebration Cottage AB, LLC owns four properties in Morehead City
and Atlantic Beach, N,C., with an aggregate value of $7.02
million.

Celebration Cottage AB sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D.N.C. Case No. 24-01991) on June 14,
2024, with total assets of $7,023,000 and total liabilities of
$1,527,257. Joseph Frost, Esq., serves as Subchapter V trustee.

Judge Joseph N. Callaway oversees the case.

George Mason Oliver, Esq., at The Law Offices of Oliver & Cheek,
PLLC is the Debtor's bankruptcy counsel.


CENTRAL HOUSEWARES: Jennifer Schank Named Subchapter V Trustee
--------------------------------------------------------------
The U.S. Trustee for Region 11 appointed Jennifer Schank of Fuhrman
& Dodge, S.C. as Subchapter V trustee for Central Housewares, Inc.


Ms. Schank will be paid an hourly fee of $335 for her services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.

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

The Subchapter V trustee can be reached at:

     Jennifer M. Schank
     Fuhrman & Dodge, S.C.
     6405 Century Avenue, Suite 101
     Middleton, WI 53562
     Phone: (608) 327-4200
     Fax: (608) 841-1502
     Email: jschank@fuhrmandodge.com

                   About Central Housewares Inc.

Central Housewares Inc. is a premier pool and spa retailer in
Wisconsin, offering a wide range of products from top brands like
Doughboy, Embassy, Radiant, and Cornelius. Known for their
durability and stylish designs, these brands provide customers with
high-quality options for above-ground pools and hot tubs. With
locations in Wausau, Stevens Point, Rhinelander, and Appleton,
customers can explore an extensive selection of pools and spas to
fit various preferences and budgets. The Company also carries a
luxurious collection of hot tubs from renowned manufacturers such
as Artesian Spas, Viking Spas, Aspen Spas, and Dream Maker Spas.
These hot tubs feature advanced hydrotherapy technologies,
energy-efficient systems, and customizable settings to deliver a
superior relaxation experience tailored to individual needs.

Central Housewares, Inc. sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D. Wis. Case No. 25-20408) on January 27,
2025. In its petition, the Debtor reported total assets of $945,900
and total liabilities of $2,598,182.

Honorable Bankruptcy Judge Katherine M. Perhach handles the case.

The Debtor is represented by Paul G. Swanson, Esq., at Swanson
Sweet LLP, in Milwaukee, Wisconsin.


CHAR GRILL BENSON: Case Summary & 14 Unsecured Creditors
--------------------------------------------------------
Debtor: Char Grill Benson, LLC
           d/b/a Char-Grill
        105 South Walton Drive
        Benson, NC 27504

Business Description: Char Grill Benson is a local fast-food chain
                      serving charcoal-grilled burgers, fries &
                      shakes.

Chapter 11 Petition Date: February 7, 2025

Court: United States Bankruptcy Court
       Eastern District of North Carolina

Case No.: 25-00459

Judge: Hon. David M Warren

Debtor's Counsel: Philip M. Sasser, Esq.
                  SASSER LAW FIRM
                  2000 Regency Parkway
                  Suite 230
                  Cary, NC 27518
                  Tel: 919-319-7400
                  Fax: 919-657-7400
                  E-mail: travis@sasserbankruptcy.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Edwin Yancey as member-manager.

A full-text copy of the petition, which includes a list of the
Debtor's 14 unsecured creditors, is available for free on
PacerMonitor at:

https://www.pacermonitor.com/view/3DZA6TA/Char_Grill_Benson_LLC__ncebke-25-00459__0001.0.pdf?mcid=tGE4TAMA


CLEVELAND-CLIFFS INC: Fitch Rates New Unsec. Notes Due 2031 'BB-'
-----------------------------------------------------------------
Fitch Ratings has assigned a 'BB-' rating with a Recovery Rating of
'RR4' to Cleveland-Cliffs Inc.'s (Cliffs) proposed new senior
unsecured guaranteed notes due 2031. Proceeds will be used for
general corporate purposes and to repay outstanding asset-based
lending facility debt.

Key Rating Drivers

Stelco Acquisition Near-Term Neutral: Fitch believes Cliffs' $2.5
billion acquisition of Stelco Holdings Inc. (Stelco) completed in
3Q24 is neutral to Cliffs' credit profile through 2025 given the
initial increase in EBITDA leverage. Fitch views the transaction as
increasing Cliffs' scale and diversification as well as yielding
synergies and efficiencies over time. The transaction could
eventually have a positive impact with sustained margin improvement
and deleveraging.

The Stelco assets included its low-cost Lake Erie Works integrated
flat-rolled operations. This is expected to enhance Cliffs'
position as the largest flat-rolled steel producer in North
America, increase its exposure to service centers and spot sales,
and allow margin expansion through optimized production across
Cliffs' operations over time. The transaction also included
Stelco's Hamilton Works downstream finishing and cokemaking
facility. The Stelco assets also increase Cliffs' annual net
shipments by about 15%.

Significant Debt Repayment: Cliffs benefitted from a period of
highly elevated steel prices in 2021-2023, which led to over $9.5
billion in EBITDA and roughly $4.9 billion in FCF, combined over
the three-year period. The company used cash flow primarily for
debt repayment, paying down roughly $2.5 billion as of 3Q24 from YE
2020. Fitch expects EBITDA leverage, which was elevated at 4.9x as
of Sept. 30, 2024, to remain slightly elevated in the near term but
trend below 3.5x over the next few quarters.

Declining Profitability: Fitch expects EBITDA margins to average
roughly 10% through 2027 given the acquisition of Stelco and its
steel price and cost expectations. However, profitability could
outperform expectations, particularly if average realized steel
prices are higher than anticipated. EBITDA margins declined to
around 8% in 2023 compared with a peak since becoming a steel
manufacturer of around 24% in 2021, in line with lower steel prices
and higher costs. Over the past four quarters, from 4Q23-3Q24,
margins averaged around 5%.

High-Value Add Focus: Cliffs is the largest supplier of steel to
the automotive sector and one of a few North American steel
producers capable of producing some of the most sophisticated
grades of advanced high-strength steels and value-added stainless
steel products. The company is also the only producer of
grain-oriented electrical steel in the U.S., which is used in the
production of transformers and can facilitate the modernization of
the electrical grid. Cliffs is one of only two producers of
non-oriented electrical steel in the U.S., a critical component of
motors used in hybrid/electric vehicles.

Solid Operational Profile: Cliffs, the largest flat-rolled steel
and iron ore pellet producer in North America, benefits from its
vertically integrated business model and iron ore self-sufficiency,
enhancing margins. Its 1.9 million tonne hot briquetted iron (HBI)
facility provides a premium, low-carbon scrap alternative. Fitch
believes the Stelco acquisition will improve margins due to
Stelco's low-cost, high-margin Lake Erie Works facility. Cliffs
also benefits from a significant proportion of fixed-price
contracts, expected to be 30%-35% of volumes with the full
inclusion of Stelco operations, leading to reduced price
volatility.

Derivation Summary

Cliffs is comparable in size but less diversified compared with
integrated majority blast furnace steel producer United States
Steel Corporation (BB/Stable). Cliffs is larger compared with
electric arc furnace (EAF) long steel producer Commercial Metals
Company (BB+/Positive) in terms of steel capacity, although Cliffs
has historically had less favorable credit metrics.

Cliffs is also larger in terms of annual capacity, although it has
less favorable credit metrics, compared with EAF producer Steel
Dynamics, Inc. (BBB+/Stable) and smaller with weaker credit metrics
compared with EAF steel producer Nucor Corporation (A-/Stable).

Key Assumptions

- Annual steel shipments of around 19 million tons on average,
including Stelco shipments, through 2027;

- EBITDA margins average roughly 10% through 2027;

- Relatively flat capex in 2025;

- No additional acquisitions.

RATING SENSITIVITIES

Factors that Could, Individually or Collectively, Lead to Negative
Rating Action/Downgrade

- EBITDA leverage sustained above 3.5x;

- EBITDA margins sustained below 8.5%;

- Significantly weaker steel fundamentals, resulting in materially
lower-than-expected FCF generation.

Factors that Could, Individually or Collectively, Lead to Positive
Rating Action/Upgrade

- EBITDA margins sustained above 10%;

- Midcycle EBITDA leverage expected to be sustained below 2.5x.

Liquidity and Debt Structure

As of Sept. 30, 2024, Cliffs had $39 million in cash and cash
equivalents and approximately $3.7 billion available under its
$4.75 billion ABL credit facility due 2028. The ABL credit facility
matures on June 9, 2028, or 91 days prior to the stated maturity
date of any portion of existing debt if the aggregate amount of
existing debt that matures on the 91st day is greater than $100
million. The next meaningful maturity is $556 million due in 2027.

Issuer Profile

Cleveland-Cliffs is a majority blast furnace producer of steel
which also has some EAF production. The company is the largest
flat-rolled steel producer and largest producer of iron ore pellets
in North America.

Date of Relevant Committee

06-Mar-2024

MACROECONOMIC ASSUMPTIONS AND SECTOR FORECASTS

Fitch's latest quarterly Global Corporates Macro and Sector
Forecasts data file which aggregates key data points used in its
credit analysis. Fitch's macroeconomic forecasts, commodity price
assumptions, default rate forecasts, sector key performance
indicators and sector-level forecasts are among the data items
included.

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   
   -----------              ------        --------   
Cleveland-Cliffs Inc.

   senior unsecured     LT BB- New Rating   RR4


CLOUTER CREEK: Taps CBRE Valuation & Advisory Services as Appraiser
-------------------------------------------------------------------
Clouter Creek Reserve LLC received approval from the U.S.
Bankruptcy Court for the District of South Carolina to employ CBRE
Valuation & Advisory Services as appraisers.

The firm will appraise the Debtor's real property located at 100
Sands Preserve Drive, Charleston,
South Carolina.

The firm will receive $7,500 for its business valuation plus $500
per hour for time related to any required testimony.

CBRE is a "disinterested person" as that term is defined in Sec.
101(14) and does not hold or represent any interest adverse to the
bankruptcy estate, according to court filings.

The firm can be reached through:

     Chase A. Jones
     CBRE Valuation & Advisory Services
     1080 Morrison Drive, Suite 140
     Charleston, SC 29403
     Phone: (843) 577-0702

         About Clouter Creek Reserve LLC

Clouter Creek Reserve LLC formerly known as IVO SANDS, LLC, is a
single asset real estate entity based in Charleston, South
Carolina.

Clouter Creek Reserve LLC sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. D.S.C. Case No. 25-00034) on January
6, 2025. In its petition, the Debtor reports estimated assets
between $10 million and $50 million and liabilities between $1
million and $10 million.

Penn Law Firm LLC represents the Debtor as counsel.


COLINEAR MACHINE: Taps McManimon Scotland & Baumann as Attorney
---------------------------------------------------------------
Colinear Machine & Design Holdings LLC seeks approval from the U.S.
Bankruptcy Court for the District of New Jersey to hire McManimon,
Scotland & Baumann, LLC as attorneys.

The firm's services include:

     a. advising the Debtor with respect to the power, duties and
responsibilities in the continued management of its financial
affairs as a debtor, including the rights and remedies of the
debtor-in-possession with respect to its assets and claims of
creditors;

     b. advising the Debtor with respect to preparing and obtaining
approval of a disclosure statement and plan of reorganization;

     c. preparing on behalf of the Debtor, as necessary,
applications, motions, complaints, answers, orders, reports, and
other pleadings and documents;

     d. appearing before this Court and other officials and
tribunals, if necessary, and protecting the interests of the Debtor
in federal, state, and foreign jurisdictions and administrative
proceedings;

     e. negotiating and preparing documents relating to the use,
reorganization, and disposition of assets as requested by the
Debtor;

     f. negotiating and formulating a disclosure statement and plan
of reorganization;

     g. advising the Debtor concerning the administration of its
estate as a debtor-in-possession; and

     h. performing such other legal services for the Debtor as may
be necessary and appropriate.

The firm will be paid at these rates:

     Anthony Sodono, III (Member)   $725
     Sari B. Placona (Partner)      $525

     Partners                      $350 to $695
     Associates                    $220 to $350
     Law Clerks                    $150 to $175
     Paralegals and Support Staff  $175 to $275

Anthony Sodono, III, Esq., a partner at McManimon Scotland, assured
the Court that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code and does not
represent any interest adverse to the Debtor and its estates.

The firm can be reached through:

     Anthony Sodono, III, Esq.
     Sari B. Placona, Esq.
     McManimon, Scotland & Baumann, LLC
     75 Livingston Avenue, Suite 201
     Roseland, NJ 07068
     Tel: (973) 622-1800
     Email: asodono@msbnj.com
     Email: splacona@msbnj.com

     About Colinear Machine & Design Holdings LLC

Colinear Machine & Design Holdings LLC is a limited liability
company.

Colinear Machine & Design Holdings LLC sought relief under Chapter
11 of the U.S. Bankruptcy Code (Bankr. D. N.J.Case No.: 25-10813)
on January 27, 2025. In its petition, the Debtor reports estimated
assets and liabilities between $1 million and $10 million each.

The Debtor is represented by Anthony Sodono, III, Esq., at
MCMANIMON, SCOTLAND & BAUMANN, LLC, in Roseland, New Jersey.


COMMUNITY HEALTH: Egan-Jones Retains CCC+ Sr. Unsecured Ratings
---------------------------------------------------------------
Egan-Jones Ratings Company on January 23, 2025, maintained its
'CCC+' foreign currency and local currency senior unsecured ratings
on debt issued by Community Health Systems, Inc. EJR also withdrew
the rating on commercial paper issued by the Company.

Headquartered in Franklin, Tennessee, Community Health Systems,
Inc. owns, leases, and operates hospitals.


CONSOLIDATED COMMUNICATIONS: Egan-Jones Retains CCC+ Unsec. Ratings
-------------------------------------------------------------------
Egan-Jones Ratings Company on January 7, 2025, maintained its
'CCC+' foreign currency and local currency senior unsecured ratings
on debt issued by Consolidated Communications Holdings, Inc. EJR
also withdrew the rating on commercial paper issued by the
Company.

Headquartered in Mattoon, Illinois, Consolidated Communications
Holdings, Inc. offers telecommunications services.


CORNERSTONE HOME: Court Extends Cash Collateral Access to March 19
------------------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Florida issued
a second interim order extending Cornerstone Home Care Services,
LLC's authority to use cash collateral from Jan. 16 to March 19.

The order authorized the company to use cash collateral to pay its
expenses, including weekly payments of $1,536 to secured creditor,
Kapitus LLC, and those expenses set forth in the budget.

The budget projects total operating expenses of $723,030.36 for
December 2024 to May 2025.

Kapitus was granted a post-petition lien on cash collateral to the
same extent and with the same validity and priority as its
pre-bankruptcy lien.

The next hearing is scheduled for March 19.

                About Cornerstone Home Care Services

Cornerstone Home Care Services, LLC sought protection under Chapter
11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 24-06707)
with $50,001 to $100,000 in assets and $100,001 to $500,000 in
liabilities.

Judge Tiffany P. Geyer oversees the case.

The Debtor is represented by:

     Melissa A. Youngman, Esq.
     Winter Park Estate Plans & ReOrgs
     P.O. Box 303
     Winter Park, FL 32790
     Telephone: (407) 374-1372
     Email: melissayoungman@melissayoungman.com


COUSIN ENTERPRISES: To Sell Bell Buckle Property to Delicia Cousin
------------------------------------------------------------------
Cousin Enterprises, LLC, seeks approval from the U.S. Bankruptcy
Court for the Eastern District of Tennessee, Winchester Division,
to sell property located at 276 Emily Ln, Bell Buckle, TN 37020,
free and clear of liens, interests, and encumbrances to Delicia
Cousin and Airieyonna Cousin with the purchase price of $456,000.

The lien of CWS Investments, Inc., attaches to any and all proceeds
of the sale.  The Creditor shall be paid in full at closing from
the proceeds of the sale in the total amount as determined on the
day of closing.

All closing costs, fees, realtor commissions, and prorated property
taxes shall be paid at closing.

The Debtor says net proceeds remaining are more than sufficient to
satisfy all creditors in full, as well as pay any remaining
attorneys' fees and costs that have been approved by the Bankruptcy
Court.

                        About Cousin Enterprises, LLC

Cousin Enterprises, LLC sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. E.D. Tenn. Case No. 24-11426) on June
12, 2024. In the petition signed by Randall Scott Cousin, member,
the Debtor disclosed up to $1 million in assets and up to $500,000
in liabilities.

Judge Nicholas W. Whittenburg oversees the case.

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


COVERED BRIDGE: Committee Hires Zeisler & Zeisler as Counsel
------------------------------------------------------------
The official committee of unsecured creditors of Covered Bridge
Newtown, LLC and its affiliate seeks approval from the U.S.
Bankruptcy Court for the District of Connecticut to employ Zeisler
& Zeisler, P.C. as counsel.

The firm's services include:

   a. participating in meetings of the Committee;

   b. meeting with representatives of the Debtors and their
professionals;

   c. advising the Committee regarding proceedings in the
bankruptcy court;

   d. preparing, filing, and prosecuting certain pleadings in the
bankruptcy court;

   e. participating in hearings;

   f. monitoring the Debtors' activities;

   g. assisting the Committee in maximizing the value to be
realized for unsecured creditors from the Debtors' assets by sale
or otherwise;

   h. assisting the Committee in the formulation and negotiation of
a plan of reorganization and advising creditors of the Committee's
recommendation with respect to any such plan; and

   i. prosecuting causes of action as may be appropriate and
authorized by the bankruptcy court.

The firm will be paid at these rates:

     Eric A. Henzy, Partner         $575 per hour
     John L. Cesaroni, Partner      $475 per hour

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

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:

     Eric A. Henzy, Esq.
     Zeisler & Zeisler, PC
     10 Middle Street, 15th Floor
     Bridgeport, CT 06604
     Telephone: (203) 368-4234

              About Bridge Newtown, LLC

Covered Bridge Newtown, LLC is the entity responsible for
construction of the buildings at the Rental Complex. The first
buildings were completed in 2018. After construction on a parcel is
completed, CBN deeds the buildings to CBN I by way of quit claim
deed, after which CBN I is the landlord to its tenants. CBN I has a
full-time, on-site property manager attending to the needs of
tenants and managing the Rental Complex.

Covered Bridge Newtown LLC and Covered Bridge Newtown I, LLC sought
relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Ct.
Lead Case No. 24-50833) on December 8, 2024. In the petitions filed
by Anthony O. Lucera, member, each Debtor reported estimated assets
and liabilities between $50 million and $100 million.

Judge Julie A. Manning handles the cases.

The Debtors are represented by Joanna M. Kornafel, Esq., at Green &
Sklarz, LLC.


CRICKET VALLEY: In Talks with Evercore to Restructure Debt
----------------------------------------------------------
Reshmi Basu of Bloomberg News reports that Cricket Valley Energy
Center has enlisted Evercore Inc. to explore debt restructuring
options as the struggling power producer seeks financial stability,
according to sources familiar with the matter.

Possible strategies include securing new financing to refinance
existing loans, the sources said, requesting anonymity due to the
confidential nature of the discussions, according to the report.
Another option being considered is diluting current ownership
stakes in the Dover, New York, gas-fired power plant by
transferring equity to creditors, one source noted. However, no
final decisions have been made, and action may not be taken, the
report states.

               About Cricket Valley Energy Center

Cricket Valley Energy Center is a 1.1GW natural gas-fired power
plant developed in Dover, New York.


CROWN HOLDINGS: Egan-Jones Retains BB Senior Unsecured Ratings
--------------------------------------------------------------
Egan-Jones Ratings Company on January 14, 2025, maintained its 'BB'
foreign currency and local currency senior unsecured ratings on
debt issued by Crown Holdings, Inc. EJR also withdrew the rating on
commercial paper issued by the Company.

Headquartered in Philadelphia, Pennsylvania, Crown Holdings, Inc.
designs, manufactures, and sells packaging products for consumer
goods through plants located in countries around the world.


CSG SYSTEMS: Egan-Jones Retains BB+ Senior Unsecured Ratings
------------------------------------------------------------
Egan-Jones Ratings Company on January 22, 2025, maintained its
'BB+' foreign currency and local currency senior unsecured ratings
on debt issued by CSG Systems International, Inc. EJR also withdrew
the rating on commercial paper issued by the Company.

Headquartered in Englewood, Colorado, CSG Systems International,
Inc. provides customer care and billing solutions for cable
television providers, direct broadcast satellite providers, on-line
services markets, and telephony providers.



CUCINA ANTICA: Business Asset Sale to Silver Palate Kitchen OK'd
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of Texas,
Dallas Division, has authorized Cucina Antica Foods Corp., to sell
substantially all of its business assets to Silver Palate Kitchens
Inc. for $1,600,000, free and clear of liens, claims, and
encumbrances.

The Debtor is a family business that produces and sells
high-quality, Italian tomatoes, pasta sauces, and other Italian
food products.

The Debtor is authorized to sell all of its business assets,
however, all tangible assets, except for inventory, located in the
Debtor's office at 5310 Harvest Hill Road, Suite 195, Dallas, Texas
74230, are excluded Assets under the Asset Purchase Agreement.

The Court acknowledged that Valley National Bank is the holder a
valid and perfected first position secured, noncontingent,
liquidated, and undisputed claim in the amount of not less than
$1,690,000.00, plus interest and attorney fees to be determined.

The Debtor is authorized to pay at closing the following items:

a. $136,000 - 8.5% Sales Commission to Crescendo Strategic Advisors
LLC;

b. $25,000 - To the Debtor to be held in the Debtor’s
debtor-in-possession bank account for administrative expenses,
including United States Trustee Fees, and professional fees;

c. All taxes, assessments or liens of any kind, including but not
limited to personal property taxes, for the tax year 2024;

d. All taxes, assessments or liens of any kind, including but not
limited to personal property taxes, for the tax year 2025, which is
estimated to be $150.00;

e. Any escrow fees to be charged by the escrow agent holding the
escrowed Cash Amount;

f. Any other reasonable and customary Closing costs as may be
approved by the Debtor in writing;

g. After payment of the above, the remainder of the Cash Amount
shall be paid to Valley National Bank on account of the VNB Secured
Claim.

In the event that Closing does not take place with Purchaser under
the terms of the Asset Purchase Agreement, the Debtor is authorized
to proceed with a sale of the Purchased Assets to one or more
Back-Up Buyers under substantially similar or more favorable terms
as those provided in the Motion and the Asset Purchase Agreement.

The Purchased Assets will be sold free and clear of all liens,
claims, interests and encumbrances.

                       About Cucina Antica Foods Corp.

Cucina Antica Foods Corp. is a manufacturer of pasta sauces and
ketchup.

Cucina Antica Foods Corp. sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. N.D. Tex. Case No. 24-34058) on
December 13, 2024. In the petition filed by Suzanne Fusco, as
authorized 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 Frances A. Smith, Es., at Ross, Smith
& Binford, PC.


CULLOO ENTERTAINMENT: Seeks to Hire Auerbach PLLC as Counsel
------------------------------------------------------------
Culloo Entertainment LLC seeks approval from the U.S. Bankruptcy
Court for the Eastern District of Pennsylvania to employ Auerbach
PLLC to handle its Chapter 11 case.

The firm will be paid a flat fee of $15,000.

Daniel Auerbach, Esq., a partner at Auerbach PLLC, 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:

     Daniel Auerbach, Esq.
     Auerbach PLLC
     241 South 6th Street #1902B
     Philadelphia, PA 19106
     Tel: (215) 983-6966

              About Culloo Entertainment LLC

Culloo Entertainment, LLC sought relief under Subchapter V of
Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Pa. Case No.
24-13553) on Oct. 1, 2024, with total assets of $191,243 and total
liabilities of $2,739,544. James De Berardine, manager, signed the
petition.

Judge Ashely M. Chan oversees the case.

The Debtor is represented by Joseph Rutala, Esq., at Rutala Law
Group, PLLC.


CYTOSORBENTS CORP: The Vanguard Group Holds 7.13% Stake
-------------------------------------------------------
The Vanguard Group disclosed in a Schedule 13G/A Report filed with
the U.S. Securities and Exchange Commission that as of December 31,
2024, it beneficially owned 3,899,102 shares of CytoSorbents
Corporation's Common Stock, representing 7.13% of the shares
outstanding.

The Vanguard Group may be reached at:

     Ashley Grim
     Head of Global Fund Administration
     100 Vanguard Blvd.
     Malvern, PA 19355
     Tel: 610-669-1000

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

                  https://tinyurl.com/vut85ymm

                         About CytoSorbents

Based in Monmouth Junction, N.J., CytoSorbents Corporation is
engaged in critical care immunotherapy, specializing in blood
purification. Its flagship product, CytoSorb, is approved in the
European Union with distribution in more than 75 countries around
the world as an extracorporeal cytokine adsorber designed to reduce
the "cytokine storm" or "cytokine release syndrome" seen in common
critical illnesses that may result in massive inflammation, organ
failure, and patient death.

East Brunswick, New Jersey-based WithumSmith+Brown, PC, the
Company's auditor since 2004, issued a "going concern"
qualification in its report dated March 14, 2024, citing that the
Company has suffered recurring losses from operations, has
experienced cash used from operations, and has an accumulated
deficit, which raises substantial doubt about its ability to
continue as a going concern.

CytoSorbents reported a net loss of $28.51 million attributable to
common stockholders for the year ended Dec. 31, 2023, compared to a
net loss of $32.81 million attributable to common stockholders for
the year ended Dec. 31, 2022.


DAVID VELASQUEZ: Files Emergency Bid to Use Cash Collateral
-----------------------------------------------------------
David Velasquez Realty, LLC asked the U.S. Bankruptcy Court for the
Northern District of Texas, Amarillo Division, for authority to use
cash collateral.

Centennial Bank, doing business as Happy State Bank, is a creditor
claiming liens on the company's real properties and the associated
rental income in two locations.

The company can adequately protect the interests of the lender by
providing the lender with post-petition replacement liens, a
priority claim in the case, and adequate protection payments in the
amount of $2,477 per month. The cash collateral will be used to
maintain the company's property and continue its ongoing
operations.

David Velasquez Realty intends to rearrange its affairs and needs
to continue to operate to pay its ongoing expenses, generate
additional income and to propose a plan in the case.

                   About David Velasquez Realty

David Velasquez Realty, LLC sought protection under Chapter 11 of
the U.S. Bankruptcy Code (Bankr. N.D. Tex. Case No. 24-20329-rlj11)
on December 2, 2024, with up to $10 million in both assets and
liabilities. David Velasquez, company owner, signed the petition.

Judge Robert L. Jones oversees the case.

Joyce W. Lindauer, Esq., at Joyce W. Lindauer Attorney, PLLC,
represents the Debtor as bankruptcy counsel.


DEEP SOUTH: Hires Silver Voit Garrett & Watkins as Attorney
-----------------------------------------------------------
Deep South Silk, LLC d/b/a Archipelago seeks approval from the U.S.
Bankruptcy Court for the Southern District of Alabama to employ
Silver Voit Garrett & Watkins to handle its Chapter 11 case.

The firm will be paid at these rates:

     Irving Silver            $425 per hour
     Lawrence B. Voit         $425 per hour
     Alexandra K. Garrett     $375 per hour
     Jason R. Watkins         $375 per hour
     Mechelle Musgrove        $300 per hour
     Olga Hock, paralegal     $115 per hour

The firm was paid a pre-petition retainer in the amount of
$12,500.

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

Jason R. Watkins, Esq., a partner at Silver Voit Garrett & Watkins,
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:

     Jason R. Watkins
     Silver, Voit, Garrett & Watkins
     4317-A Midmost Dr.
     Mobile, AL 36609
     Telephone: (251) 338-1096
     Email: jwatkins@silvervoit.com

              About Deep South Silk

Deep South Silk, LLC d/b/a Archipelago, filed a Chapter 11
bankruptcy petition (Bankr. S.D. Ala. Case No. 25 - 10248) on Jan.
29, 2025. The Debtor hires Silver Voit Garrett & Watkins as
counsel.


DELTA AIR: Egan-Jones Hikes Senior Unsecured Ratings to BB
----------------------------------------------------------
Egan-Jones Ratings Company on January 10, 2025, upgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Delta Air Lines, Inc. to BB from BB-. EJR also
withdrew the rating on commercial paper issued by the Company.

Headquartered in Atlanta, Georgia, Delta Air Lines, Inc. provides
scheduled air transportation for passengers, freight, and mail over
a network of routes.


DIGITALSPEED COMMUNICATIONS: Case Summary & 11 Unsec. Creditors
---------------------------------------------------------------
Debtor: DigitalSpeed Communications, Inc.
           d/b/a Slingshot Techonologies Corporation
        100 Front Street, Suite 220
        West Conshohocken, PA 19428

Chapter 11 Petition Date: February 6, 2025

Court: United States Bankruptcy Court
       Eastern District of Pennsylvania

Case No.: 25-10500

Judge: Hon. Ashely M Chan

Debtor's Counsel: Aris J. Karalis, Esq.
                  KARALIS PC
                  1900 Spruce Street
                  Philadelphia, PA 19103
                  Tel: (215) 546-4500
                  E-mail: akaralis@karalislaw.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Adam H. Pasternack as president.

A copy of the Debtor's list of 11 unsecured creditors is available
for free on PacerMonitor at:

https://www.pacermonitor.com/view/NTDOESQ/DigitalSpeed_Communications_Inc__paebke-25-10500__0003.0.pdf?mcid=tGE4TAMA

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

https://www.pacermonitor.com/view/NL34GGI/DigitalSpeed_Communications_Inc__paebke-25-10500__0001.0.pdf?mcid=tGE4TAMA


DIOCESE OF SYRACUSE: Seeks Unknown Abuse Claimants Representative
-----------------------------------------------------------------
Yun Park of Law360 Bankruptcy Authority reports that the Roman
Catholic Diocese of Syracuse urged a New York bankruptcy judge to
appoint a representative for unidentified sexual abuse claimants
and extend the voting deadline on its Chapter 11 plan until the end
of March 2025.

         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.


DMD FLORIDA: Court Extends Cash Collateral Access to March 3
------------------------------------------------------------
DMD Florida Development 2, LLC and its affiliates received interim
approval from the U.S. Bankruptcy Court for the Southern District
of Florida to use cash collateral until March 3, marking the second
extension since the companies' Chapter 11 filing.

The court's previous order allowed the companies to access cash
collateral until Jan. 31 only.

The second interim order signed by Judge Scott Grossman authorized
the companies to use the cash collateral of Florida Restaurant
Franchise Group IX, LP to pay the expenses set forth in their
respective budgets.

As adequate protection, the lender was granted a replacement lien
on all post-petition property of the companies to the same extent
and with the same priority as their pre-bankruptcy lien.

The next hearing is set for Feb. 26.

                  About DMD Florida Development 2

DMD Florida Development 2, LLC and its affiliates, DMD Florida
Restaurant Group C LLC, and DMD Florida Restaurant Group D, LLC,
filed Chapter 11 petitions (Bankr. S.D. Fla. Lead Case No.
25-10088) on January 6, 2025. Jack Flechner, manager and co-chief
executive officer, signed the petitions.

At the time of the filing, each Debtor reported $500,001 to $1
million in assets and $10 million to $50 million in liabilities.

Judge Scott M. Grossman oversees the cases.

The Debtors are represented by:

     Aaron A. Wernick, Esq.
     Hayley G. Harrison, Esq.
     Wernick Law, PLLC
     2255 Glades Road, Suite 324A
     Boca Raton, FL 33431
     (561)961-0922
     awernick@wernicklaw.com


DONALD PATZ: Gina Klump Named Subchapter V Trustee
--------------------------------------------------
The U.S. Trustee for Region 17 appointed Gina Klump, Esq., at the
Law Office of Gina R. Klump, as Subchapter V trustee for Donald
Patz Wine Group, LLC.

Ms. Klump will be paid an hourly fee of $500 for her services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.  

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

The Subchapter V trustee can be reached at:

     Gina Klump, Esq.
     Law Office of Gina R. Klump
     11 5th Street, Suite 102
     Petaluma, CA 94952
     Phone: (707) 778-0111
     Email: gklump@klumplaw.net

                   About Donald Patz Wine Group

Donald Patz Wine Group, LLC formed in 2017, is a partnership
between Donald Patz and his wife, Jung Min Lee, focused on crafting
distinctive wines from various regions. The Company oversees three
separate wine projects, each with unique vineyard sources and
winemaking styles: Maritana Vineyards for Russian River Valley
Chardonnay and Pinot Noir, Secret Door Winery for Napa Valley
Cabernet Sauvignon, and Terminim for Mendocino County
Marsanne/Roussanne and Syrah. Drawing on Donald's extensive
experience in the wine industry, the Group produces wines that
reflect his deep understanding of both vineyard practices and
winemaking techniques.

Donald Patz Wine Group LLC sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. N.D. Cal. Case No.: 25-10038) on
January 27, 2025. In its petition, the Debtor reports total assets
of $3,705,425 and total liabilities of $1,778,833.

Honorable Bankruptcy Judge Charles Novack handles the case.

The Debtor is represented by:

     Merle C. Meyers, Esq.
     Meyers Law Group, P.C.
     100 Shoreline Highway, Ste. B-160
     Mill Valley, CA 94941
     Tel: (415) 362-7500
     Fax: (415) 362-7515
     Email: mmeyers@meyerslawgroup.com


DTI HOLDCO: S&P Rates $1.29BB Senior Secured Term Loan 'B-'
-----------------------------------------------------------
S&P Global Ratings assigned its 'B-' issue-level rating and '3'
recovery rating to DTI Holdco Inc.'s (doing business as Epiq) $1.29
billion senior secured term loan. The '3' recovery rating reflects
its expectation for meaningful recovery (50%-70%; rounded estimate:
50%) in the event of a payment default.

S&P's 'B-' issuer credit rating and stable outlook on Epiq are
unchanged.

The issuance will reprice the company's existing term loan by
exchanging the company's outstanding $1.24 billion term loan due in
2029 for like amounts and a $50 million fungible add-on, which S&P
expects the company will use to add cash to its balance sheet.

S&P said, "Based on the company's preliminary 2024 financials and
pro forma for the transaction, we expect the company's S&P Global
Ratings-adjusted leverage to be about 5.7x at year end. This is a
steep decline from 7.9x in 2023 and below our 6x upside threshold
for the rating. Still, we expect leverage to rise to the low-6x
area in 2025 driven by high-single-digit percent revenue declines
in their high-margin class action and restructuring segment due to
more normalized activity by one of their largest customers that we
expect will only be partially offset by new contract wins. Epiq
turned free operating cash flow (after deducting software licensing
fees) positive at around 5% of adjusted debt in 2024 through strong
operating performance and working capital management. However, we
expect it will fall to about 2%-4% of adjusted debt in 2025 due to
reduced EBITDA partially offset by lower interest expense from the
proposed repricing and the more favorable rate environment."

Issue Ratings - Recovery Analysis

Key analytical factors

-- Epiq's debt capitalization comprises a $100 million accounts
receivable (AR) securitization facility maturing in 2028 (not
rated), a $200 million revolving credit facility due in 2029, and
the proposed $1.29 billion first-lien senior secured term loan due
in 2029.

-- DTI Holdco Inc. is the borrower of the first-lien debt. The
first-lien debt is secured by a perfected first-priority security
in substantially all of the tangible and intangible assets.

-- S&P excludes borrowings on the AR securitization from its
valuation available to first-lien lenders to reflect the recovery
on the respective AR collateral. The AR securitization facility
does not have recourse on the rest of the company's assets.

-- The facilities will benefit from guarantees from existing and
subsequently acquired direct or indirect wholly owned domestic
restricted subsidiaries.

-- S&P's recovery analysis assumes that, in a simulated bankruptcy
scenario, the first-lien creditors would receive meaningful
(50%-70%) recovery.

-- S&P's simulated default scenario contemplates a default
occurring in 2027 due to a loss of market share, pricing pressure,
and unsuccessful debt-funded M&A.

-- S&P values the company on a going-concern basis. Its 6x
distressed EBITDA multiple reflects the company's leading market
share, cloud-enabled solutions, and blue-chip customer base.

Simulated default assumptions

-- Simulated year of default: 2027
-- EBITDA at emergence: About $160 million
-- EBITDA multiple: 6.0x
-- The revolving credit facility is 85% drawn

Simplified waterfall

-- Net enterprise value (after 5% bankruptcy administrative
costs): About $900 million

-- Valuation split (obligors/nonobligors): 85%/15%

-- Value available to senior secured first-lien debt claims (after
priority claims): About $750 million

-- Secured first-lien debt claims: About $1.485 million

    --First-lien recovery expectations: 50%-70% (rounded estimate:
50%)



EARTHSNAP INC: Hires Solsbery CPA LLC as Accountant
---------------------------------------------------
Earthsnap, Inc. seeks approval from the U.S. Bankruptcy Court for
the Eastern District of Texas to employ Solsbery CPA, LLC as
accountant.

The firm will provide these services:

      a. assistance in preparation of accounting statements as of
06/17/2024;

      b. assistance in preparation of monthly accountings to the
Bankruptcy Court and the Creditors' Committee;

      c. assistance in preparation of cash flow forecast for the
period commencing 06/17/2024;

      d. assistance in preparation of trial exhibits for plans of
reorganization;

      e. preparation of tax returns; and

      g. provision of all other accounting services that the
Debtors in Possession may require.

The firm will be paid at these rates:

     Partners          $250 per hour
     Analysts          $75 to $100 per hour

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

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:

     Jonathan Solsbery
     Solsbery CPA, LLC
     3049 W 24th Ave, Denver
     Colorado, 80211 US
     Tel: (720) 545 5994

              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. at WILEY LAW
GROUP, PLLC.


EDGEWELL PERSONAL: Egan-Jones Retains B Senior Unsecured Ratings
----------------------------------------------------------------
Egan-Jones Ratings Company on January 6, 2025, maintained its 'B'
foreign currency and local currency senior unsecured ratings on
debt issued by Edgewell Personal Care Company. EJR also withdrew
the rating on commercial paper issued by the Company.

Headquartered in Shelton, Connecticut, Edgewell Personal Care
Company operates as a personal care company.


ELETSON HOLDINGS: Ex-Execs Want Chapter 11 Plan Enforcement Paused
------------------------------------------------------------------
Ben Zigterman of Law360 Bankruptcy Authority reports that the
former shareholders and executives of Greek shipping group Eletson
Holdings Inc. have petitioned a New York bankruptcy judge for an
extension to fulfill last January 2025's order requiring them to
assist in updating the reorganized company's registered address
with the Liberian International Ship & Corporate Registry.

                  About Eletson Holdings

Eletson Holdings Inc. is a family-owned international shipping
company, which touts itself as having a global presence with
headquarters in Piraeus, Greece as well as offices in Stamford,
Connecticut, and London.

At one time, Eletson claimed to own and operate one of the world's
largest fleets of medium and long-range product tankers and boasted
a fleet consisting of 17 double hull tankers with a combined
capacity of 1,366,497 dwt, 5 LPG/NH3 carriers with a combined
capacity of 174,730 cbm and 9 LEG carriers with capacity of 108,000
cbm.

Eletson Holdings, a Liberian company, is Eletson's ultimate parent
company and is the direct parent and owner of 100% of the equity
interests in the two other debtors, Eletson Finance (US) LLC, and
Agathonissos Finance LLC.

Eletson and its two affiliates were subject to involuntary Chapter
7 bankruptcy petitions (Bankr. S.D.N.Y. Case No. 23-10322) filed on
March 7, 2023 by creditors Pach Shemen LLC, VR Global Partners,
L.P. and Alpine Partners (BVI), L.P. The petitioning creditors are
represented by Kyle J. Ortiz, Esq., at Togut, Segal & Segal, LLP.
On Sept. 25, 2023, the Chapter 7 cases were converted to Chapter
11
cases.

The Honorable John P. Mastando, III is the case judge.

Derek J. Baker, Esq., represents the Debtors as bankruptcy
counsel.

The U.S. Trustee for Region 2 appointed an official committee of
unsecured creditors. The committee tapped Dechert, LLP as its legal
counsel.


EMERGENCY HOSPITAL: Gets Interim OK to Use Cash Collateral
----------------------------------------------------------
Emergency Hospital Systems, LLC received interim approval from the
U.S. Bankruptcy Court for the Southern District of Texas, Houston
Division to use the cash collateral of its pre-bankruptcy lenders.

The court authorized the company to use cash collateral in
accordance with its budget.

Pre-bankruptcy lenders, including RDFCB Acquisition, LLC, were
granted replacement liens on the company's property, with the same
validity and priority as their pre-bankruptcy liens.

A final hearing on the motion is scheduled for Feb. 25.

                    About Emergency Hospital Systems

Emergency Hospital Systems LLC, doing business as Cleveland
Emergency Hospital, is a system of regional hospitals serving the
communities of The Woodlands, Porter, and Deerbrook, Cleveland.
These facilities support each other with respect to the services
they provide and are united under a common objective to provide
quality healthcare professionally and compassionately.

Emergency Hospital Systems sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. S.D. Texas Case No. 24-34683) on
October 3, 2024, with $10 million to $50 million in both assets and
liabilities. Rafael Delaflor, operating officer, signed the
petition.

Judge Eduardo V. Rodriguez oversees the case.

The Debtor is represented by:

    Kenna M Seiler
    Attorney At Law
    Tel: 281-419-7770
    Email: kseiler@srg-law.com
    Megan Bibb Rapp
    Kean Miller LLP
    Tel: 832-494-1711
    Email: megan.rapp@keanmiller.com


ERC MANUFACTURING: Seeks Chapter 11 Bankruptcy in Puerto Rico
-------------------------------------------------------------
On February 4, 2025, ERC Manufacturing Inc. filed Chapter 11
protection in the U.S. Bankruptcy Court for the District of Puerto
Rico.

According to court filing, the Debtor reports $1,599,734 in
debt owed to 1 and 49 creditors. The petition states funds will be
available to unsecured creditors.

           About ERC Manufacturing Inc.

ERC Manufacturing Inc. owns the property located at Carr 814 Km 0.8
Cedro Abajo, Naranjito, Puerto Rico, spanning 6,977.84 square
meters. It includes a two-story commercial office building, two
metal concrete industrial buildings, 28 parking spaces, two
offices, two terraces, two workshops, two mezzanines, and two
bathrooms. The appraised value is $213,000, as of July 27, 2016.

ERC Manufacturing Inc. sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D.P.R. Case No. 25-00475) on February 4,
2025. In its petition, the Debtor reports total assets of $785,322
and total liabilities of $1,599,734.

The Debtor is represented by Juan C. Bigas, Esq., in Ponce, Puerto
Rico.


EYENOVIA INC: Effects 1-for-80 Reverse Stock Split
--------------------------------------------------
Eyenovia, Inc. disclosed in a Form 8-K Report filed with the U.S.
Securities and Exchange Commission that on January 31, 2025, it
filed a Certificate of Amendment to the Company's Third Amended and
Restated Certificate of Incorporation, as amended with the
Secretary of State of the State of Delaware, which effected, as of
4:00 p.m., Eastern Time, on January 31, 2025, a 1-for-80 reverse
stock split of the Company's common stock, $0.0001 par value per
share. The Amendment was filed to enable the Company to regain
compliance with the minimum bid price required to remain listed on
the Nasdaq Capital Market.

The Amendment provides that at the Effective Time, every 80 shares
of the Company's issued and outstanding Common Stock were combined
into one issued and outstanding share of Common Stock without any
further action by the Company or the holders thereof. No fractional
shares were issued in connection with the Reverse Stock Split.
Stockholders who were entitled to receive a fractional share became
entitled to receive a cash payment in lieu of such fractional
share. The Reverse Stock Split affected all stockholders uniformly
and did not affect any stockholder's percentage ownership interests
in the Company, except to the extent that cash payments will be
made in lieu of fractional shares. The Reverse Stock Split did not
change the par value of the Common Stock or modify the rights or
preferences of the Common Stock.

Following the reverse stock split, the Company's Common Stock will
continue to trade under the symbol "EYEN," and the new CUSIP number
for the Common Stock is 30234E 203.

                          About Eyenovia

New York, N.Y.-based Eyenovia, Inc. is an ophthalmic technology
company commercializing Mydcombi (tropicamide and phenylephrine HCL
ophthalmic spray) for inducing mydriasis for routine diagnostic
procedures and in conditions where short-term pupil dilation is
desired, preparing for the commercialization of clobetasol
propionate ophthalmic suspension 0.05% ("clobetasol propionate"),
for the treatment of post-operative inflammation and pain following
ocular surgery, and developing the Optejet delivery system both for
use in combination with its own drug-device therapeutic programs
and for out-licensing for use in combination with therapeutics for
additional indications. The Company's aim is to improve the
delivery of topical ophthalmic medication through the ergonomic
design of the Optejet, which facilitates ease-of-use and delivery
of a more physiologically appropriate medication volume, with the
goal to reduce side effects and improve tolerability and introduce
digital health technology to improve therapy compliance and
ultimately medical outcomes.

In its Quarterly Report for the three months ended September 30,
2024, Eyenovia reported that it had unrestricted cash and cash
equivalents of approximately $7.2 million and an accumulated
deficit of approximately $175.4 million as of September 30, 2024.
For the nine months ended September 30, 2024 and 2023, the Company
used cash in operations of approximately $24.0 million and $17.5
million, respectively. The Company does not have recurring
significant revenue and has not yet achieved profitability. The
Company expects to continue to incur cash outflows from operations
for the near future. The Company expects that it will continue to
incur significant research and development and selling, general and
administrative expenses and, as a result, it will eventually need
to generate significant product revenues to achieve profitability.
These circumstances raise substantial doubt about the Company's
ability to continue as a going concern for at least one year from
the date that the financial statements were issued.

For the years ended December 31, 2023 and 2022, Eyenovia incurred
net losses of approximately $27.3 million and $28 million,
respectively. As of September 30, 2024, Eyenovia had $22,796,091 in
total assets, $19,076,788 in total liabilities, and $3,719,303 in
total stockholders' equity.


FAMILY OF CARE: PCO Reports No Resident Care Complaints
-------------------------------------------------------
Amanda Celentano, the patient care ombudsman, filed with the U.S.
Bankruptcy Court for the District of Maryland her report regarding
the quality of patient care provided at Family of Care Real Estate
and Charles County Nursing and Rehabilitation Center, Inc.'s
assisted care living facilities.

Local ombudsman, Amber Logalbo, and State Ombudsman Specialist,
Amanda Celentano, visited the Sagepoint Gardens assisted living
facilities located on Morris Drive in La Plata on December 23,
2024. The ombudsmen noted that staff appeared attentive and polite
at Sagepoint Gardens 2 facility.

The ombudsmen spoke with several residents that allowed them into
their rooms. Each resident they spoke to was happy with their care
and living arrangements at the facility. There was one resident
that expressed some concerns about specific staff members that the
resident perceived as "rude" at times. This resident did not want
Ombudsman involvement though and said that most of the staff are
good to him.

The ombudsmen observed three residents sitting in the common area
enjoying the music at Sagepoint Gardens 1 facility. They each
appeared clean and dressed appropriately for the weather and
season. They expressed no complaints about their care and said they
were doing well.

Meanwhile, the ombudsmen interviewed several residents who had
nothing but positive comments and remarks about living in the
facility and the staff that work there. One resident spoke about
living there for multiple years and being very happy there as well
as being very active in the community.

A copy of the ombudsman report is available for free at
https://urlcurt.com/u?l=0AWqfB from PacerMonitor.com.

           About Family of Care Real Estate Holding Co.

Family of Care Real Estate Holding Co. is a community-focused
nonprofit company that offers care and advice to seniors and their
families.

Family of Care Real Estate Holding Co. filed Chapter 11 petition
(Bankr. D. Md. Case No. 24-18782) on October 18, 2024, listing
between $10 million and $50 million in both assets and liabilities.
Terry Weaver, chief financial officer, signed the petition.

Judge Lori S. Simpson oversees the case.

The Debtor is represented by Catherine Keller Hopkin, Esq., at YVS
Law, LLC.


FIRST MODE: Gets Court Okay for Chapter 11 Plan Votes, $15MM Sale
-----------------------------------------------------------------
Ben Zigterman of Law360 Bankruptcy Authority reports that on
February 6, a Delaware bankruptcy judge ruled that bankrupt
electric-engine developer First Mode Holdings Inc. can proceed with
soliciting votes for its Chapter 11 plan, rejecting an objection
from unsecured creditors over the ballot's third-party releases.

                About First Mode Holdings

First Mode Holdings, Inc. is a multinational decarbonization
company that designs, manufactures, and distributes hybrid battery
systems and hydrogen fuel cell technologies for heavy duty mining
and rail vehicles, along with hydrogen refueling equipment.

First Mode Holdings, Inc. and Synchronous LLC filed for voluntary
petitions under Chapter 11 of the Bankruptcy Code (Bankr. D. Del.,
Lead Case No. 24-12794) on December 15, 2024. In their petitions
signed by Colin Mark Freed as chief financial officer, the Debtors
reported consolidated assets of $10 million to $50 million and
consolidated liabilities of $50 million to $100 million.

The Hon. Judge Karen B. Owens oversees the cases.

The Debtors tapped Young Conaway Stargatt & Taylor, LLP, as
bankruptcy counsel and Latham & Watkins LLP as bankruptcy
co-counsel. PJT Partners serves as investment banker to the
Debtors, while M3 Partners LP acts as financial advisor. Omni Agent
Solutions Inc is the claims and noticing agent for the Debtors.

The U.S. Trustee for Region 3 appointed an official committee to
represent unsecured creditors in the Chapter 11 cases of First Mode
Holdings, Inc. and Synchronous, LLC.


FISERV INC: Egan-Jones Retains BB+ Senior Unsecured Ratings
-----------------------------------------------------------
Egan-Jones Ratings Company on January 14, 2025, maintained its
'BB+' foreign currency and local currency senior unsecured ratings
on debt issued by Fiserv, Inc.

Headquartered in Milwaukee, Wisconsin, Fiserv, Inc. provides
integrated information management and electronic commerce systems
and services.


FLUENT INC: Director James Geygan Holds 18,599 Common Shares
------------------------------------------------------------
James Geygan, Director and 10% Owner of Fluent, Inc., disclosed in
a Form 3 filed with the U.S. Securities and Exchange Commission
that as of January 17, 2025, he beneficially owned 18,599 shares of
Common Stock directly and 3,057,189 shares of Common Stock
indirectly through Global Value Investment Corp., where he serves
as CEO and President.

A full-text copy of Mr. Geygan's SEC Report is available at:

                  https://tinyurl.com/2wubvm27

                         About Fluent Inc.

Fluent, Inc. -- https://www.fluentco.com -- is a digital marketing
services company specializing in customer acquisition.  The Company
operates highly scalable digital marketing campaigns that connect
advertiser clients with their target consumers.  The Company's
services leverage both its owned and operated digital media
properties and auxiliary syndicated performance marketplace
products.  In 2023, the Company delivered data-driven,
performance-based customer acquisition services for over 500
consumer brands, direct marketers, and agencies across various
industries, including Media & Entertainment, Financial Products &
Services, Health & Life Sciences, Retail & Consumer, and Staffing &
Recruitment.

Fluent said in its Quarterly Report on Form 10-Q for the period
ended Sept. 30, 2024, that "Based on current projections, the
Company expects to be in compliance with the new financial
covenants for each of the quarters in the 12 months following the
issuance date of this Quarterly Report on Form 10-Q.  However, the
Company has not met its projections for certain recent quarters, so
there can be no assurance that the Company will meet its
projections in the future.  If during any fiscal quarter, the
Credit Parties do not comply with any of their financial covenants,
such non-compliance would result in an event of default that would
give SLR the right to accelerate maturities.  Additionally, if the
Company fails to raise capital in at least the amount required
under the Third Amendment by November 29, 2024, such failure would
also result in an event of default.  In such case, the Company
would not have sufficient funds to repay the SLR Term Loan ... and
the SLR Revolver...In addition, even if the Company is able to
raise additional capital as required by the Third Amendment, there
is no assurance that such capital plus the available cash plus
borrowing base on the SLR Revolver will be sufficient to fund
operations over the next 12 months.  If needed, the Company will
consider implementing other cost-saving measures, but there is no
guarantee that such plans would be successfully executed or have
the expected benefits.  As a result, management concluded that
there is substantial doubt about the Company's ability to continue
as a going concern for one year after the date of this Quarterly
Report on Form 10-Q."

As of Sept. 30, 2024, Fluent Inc. had $95.95 million in total
assets, $75.97 million in total liabilities, and $19.98 million in
total shareholders' equity.


FOOTBALL NATION: Seeks to Hire Murphy & King as Bankruptcy Counsel
------------------------------------------------------------------
Football Nation Holdings LLC seeks approval from the U.S.
Bankruptcy Court for the District of Massachusetts to hire Murphy &
King, Professional Corporation as bankruptcy counsel.

The firm's services include:

     a. advising the Debtor with respect to any plan of
reorganization and any other matters relevant to the formulation
and negotiation of a plan or plans of reorganization in the case;

     b. representing the Debtor at all hearings and matters
pertaining to its affairs, assets, and operations;

     c. preparing, on the Debtor's behalf, all necessary and
appropriate applications, motions, answers, orders, reports, and
other pleadings and other documents, and review all financial and
other reports filed in this chapter 11 case;

     d. advising the Debtor with respect to, and assisting in the
negotiation and documentation of, financing agreements, debt, and
related transactions;

     e. advising the Debtor regarding its ability to initiate
actions to collect and recover property for the benefit of its
estate;

     f. advising and assisting the Debtor in connection with the
potential sale of assets;

     g. advising the Debtor concerning executory contract and
unexpired lease assumptions, lease assignments, rejections,
restructurings and recharacterization of contracts and leases;

     h. reviewing and analyzing the claims of the Debtor's
creditors, the treatment of such claims and the preparation, filing
or prosecution of any objections to claims;

     i. commencing and conducting any and all litigation necessary
or appropriate to assert rights held by the Debtor, protect assets
of the Debtor's chapter 11 estate or otherwise further the goal of
effectuating the successful completion of this chapter 11 case;
and

     j. performing all other legal services and providing all other
necessary legal advice to the Debtor as may be necessary in this
bankruptcy case.

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

D. Ethan Jeffery, Esq., a partner at Murphy & King, Professional
Corporation, 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:

     D. Ethan Jeffery, Esq.
     MURPHY & KING
     Professional Corporation
     28 State Street, Suite 3101
     Boston, MA 02109
     Tel: (617) 423-0400

       About Football Nation Holdings LLC

Football Nation Holdings LLC, doing business as Command Media LLC,
provides cutting-edge app and web development specializing in the
application of advanced AI, enhanced live streaming, and real-time
gamification.

Football Nation Holdings LLC sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. D. Mass. Case No. 24-12453) on
December 5, 2024. In the petition filed by Laura Peck, as chief
operating officer, the Debtor reports estimated assets up to
$50,000 and estimated liabilities between $1 million and $10
million.

Honorable Bankruptcy Judge Janet E. Bostwick handles the case.

The Debtor is represented by D. Ethan Jeffery, Esq. at MURPHY &
KING, PROFESSIONAL CORPORATION.


FOOTBALL NATION: Seeks to Sell Assets to TechCraft LLC
------------------------------------------------------
Football Nation Holdings, LLC, seeks approval from the U.S.
Bankruptcy Court for the District of Massachusetts, Eastern
Division, to sell substantially all of its assets to TechCraft LLC
for $102,500.00, free and clear of liens, claims, interests, and
encumbrances.

The Debtor seeks approval of the Bid Procedures, the Assumption
Procedures, and the Sale Notice Procedures to ensure an orderly
sale process and promote the maximum recovery of the Assets.

Any competing bid, offer, plan of reorganization or other
arrangement shall be deemed to qualify as a competing bid only if
made upon terms and provisions substantially similar to those set
forth in the APA and in respect of the sale and purchase of
substantially all of the Acquired Assets for an aggregate purchase
price in an aggregate amount of at least 5 percent in excess of the
Purchase Price.

Competing bidder pursuant to section must deliver a deposit to
counsel for the Debtor in an amount equal to 5% of its bid at the
time of submission of such bid and satisfy the Debtor of the
bidder's ability to consummate the transaction. Competing bidders
shall execute a confidentiality agreement prior to commencing due
diligence.

An Auction for the Acquired Assets shall be held only if there is a
Competing Bid, and the Auction, if necessary, shall be conducted by
the Bankruptcy Court at the time of the hearing on the Sale
Approval Order.

Bidding at any Auction for the Acquired Assets shall be conducted
as an open bidding process, with any incremental bid made
subsequent to the initial overbid to be at least $10,250.00 greater
than the most recent bid.

The Buyer shall be entitled to improve its offer at any Auction for
the Acquired Assets.

The Debtor indicates that the purchase agreement is the product of
arms-length negotiations between the Debtor and the Buyer. The Bid
Procedures, Assumption Procedures and Notice Procedures will assist
in administering an orderly sale process and provide reasonable
protection to the Buyer.

                  About Football Nation Holdings, LLC

Football Nation Holdings LLC, doing business as Command Media LLC,
provides cutting-edge app and web development specializing in the
application of advanced AI, enhanced live streaming, and real-time
gamification.

Football Nation Holdings LLC sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. D. Mass. Case No. 24-12453) on
December 5, 2024. In the petition filed by Laura Peck, as chief
operating officer, the Debtor reports estimated assets up to
$50,000 and estimated liabilities between $1 million and $10
million.

Honorable Bankruptcy Judge Janet E. Bostwick handles the case.

The Debtor is represented by  D. Ethan Jeffery, Esq. at MURPHY &
KING, PROFESSIONAL CORPORATION.



FOOTBALL NATION: Taps Craig R. Jalbert as Chief Operating Officer
-----------------------------------------------------------------
Football Nation Holdings LLC seeks approval from the U.S.
Bankruptcy Court for the District of Massachusetts to hire Craig R.
Jalbert as chief operating officer.

Mr. Jalbert will provide services to the Debtor relating to its
chapter 11 case including, without limitation (i) management of the
sale of the Debtor's assets, (ii) testimony before the Court, as
necessary, and (iii) assistance and guidance with the chapter 11
process and the administration of the bankruptcy estate.

Mr. Jalbert will be entitled to a flat fee of $25,000.

Mr. Jalbert, principal at Verdolino & Lowey, 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:

     Craig R. Jalbert
     Verdolino & Lowey PC
     124 Washington St., Ste. 101
     Foxboro, MA 02035
     Telephone: (508) 543-1720

       About Football Nation Holdings LLC

Football Nation Holdings LLC, doing business as Command Media LLC,
provides cutting-edge app and web development specializing in the
application of advanced AI, enhanced live streaming, and real-time
gamification.

Football Nation Holdings LLC sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. D. Mass. Case No. 24-12453) on
December 5, 2024. In the petition filed by Laura Peck, as chief
operating officer, the Debtor reports estimated assets up to
$50,000 and estimated liabilities between $1 million and $10
million.

Honorable Bankruptcy Judge Janet E. Bostwick handles the case.

The Debtor is represented by D. Ethan Jeffery, Esq. at MURPHY &
KING, PROFESSIONAL CORPORATION.


FORTRESS HOLDINGS: Gets OK to Use Cash Collateral Until Feb. 25
---------------------------------------------------------------
Fortress Holdings, LLC received interim approval from the U.S.
Bankruptcy Court for the District of New Jersey to use cash
collateral until Feb. 25.

The company's primary secured debt is held by Bogota Savings Bank.
On August 11, 2021, the company and Bogota Savings Bank entered
into a mortgage note in the principal amount of $11 million.

As protection, Bogota Savings Bank was granted replacement lien on
all property of the company. In case of any diminution in the value
of its collateral, the bank will be granted a superpriority
administrative expense claim senior to all claims against the
company.

A final hearing is scheduled for Feb. 25, 2025. Objections are due
by Feb. 20.

                      About Fortress Holdings

Fortress Holdings, LLC, a company in Totowa, N.J., filed Chapter 11
petition (Bankr. D. N.J. Case No. 25-10977) on January 30, 2025,
listing up to $50 million in both assets and liabilities. Paul
Qassis, managing member, signed the petition.

Judge Vincent F. Papalia oversees the case.

Richard D. Trenk, Esq., at Trenk Isabel Siddiqi & Shahdanian P.C.,
represents the Debtor as legal counsel.


FRANCHISE GROUP: Judge Refuses to Approve Disclosure Statement
--------------------------------------------------------------
Emily Lever of Law360 Bankruptcy Authority reports that a Delaware
bankruptcy judge has refused to approve Franchise Group Inc.'s
Chapter 11 disclosure statement, deeming it incomplete and advising
the debtor to delay soliciting votes until after the scheduled sale
of its assets.

                  About Franchise Group Inc.

Franchise Group, Inc., through its subsidiaries, operates
franchised and franchisable businesses including The Vitamin
Shoppe, Pet Supplies Plus, LLC, Badcock Home Furniture & More,
American Freight, Buddy's Home Furnishings and Sylvan Learning
Systems, Inc.

Franchise Group, Inc. and its affiliates filed their voluntary
petition for relief under Chapter 11 of the Bankruptcy Code (Bankr.
D. Del. Lead Case No. 24-12480) on Nov. 3, 2024, listing
$1,000,000,001 to $10 billion in both assets and liabilities. The
petitions were signed by David Orlofsky as chief restructuring
officer.

Willkie Farr & Gallagher LLP and Young Conaway Stargatt & Taylor,
LLP are serving as legal counsel, AlixPartners is serving as
financial advisor and Chief Restructuring Officer, and Ducera
Partners is serving as investment banker to the Company. Paul
Hastings LLP is serving as legal counsel and Lazard is serving as
investment banker to the first lien ad hoc group.


FRANCHISE GROUP: Unable to Find Buyer to Rescue Entire Company
--------------------------------------------------------------
Steven Church of Bloomberg News reports that Franchise Group Inc.,
the troubled brand manager, failed to secure any offers to salvage
its entire business and must now determine which parts of its
retail operations to put up for auction, a lawyer for the bankrupt
company stated in court.

Debra Sinclair, Esq., an attorney with Willkie Farr & Gallagher
LLP, informed U.S. Bankruptcy Judge Laurie S. Silverstein at a
contentious hearing in Wilmington, Delaware, that saving the entire
company "is off the table," according to the report.

The company is set to hold an auction on February 10, 2025 for
various segments of its retail business, Sinclair said.

                About Franchise Group Inc.

Franchise Group, Inc., through its subsidiaries, operates
franchised and franchisable businesses including The Vitamin
Shoppe, Pet Supplies Plus, LLC, Badcock Home Furniture & More,
American Freight, Buddy's Home Furnishings and Sylvan Learning
Systems, Inc.

Franchise Group, Inc. and its affiliates filed their voluntary
petition for relief under Chapter 11 of the Bankruptcy Code (Bankr.
D. Del. Lead Case No. 24-12480) on Nov. 3, 2024, listing
$1,000,000,001 to $10 billion in both assets and liabilities. The
petitions were signed by David Orlofsky as chief restructuring
officer.

Willkie Farr & Gallagher LLP and Young Conaway Stargatt & Taylor,
LLP are serving as legal counsel, AlixPartners is serving as
financial advisor and Chief Restructuring Officer, and Ducera
Partners is serving as investment banker to the Company. Paul
Hastings LLP is serving as legal counsel and Lazard is serving as
investment banker to the first lien ad hoc group.


FREE SPEECH: Bankruptcy Trustee Blocks Sale of Infowars.com
-----------------------------------------------------------
WOW.AI, an AI entertainment company, announced on Feb. 6, 2025,
that it is launching the meme coin $WARS, to make a competitive bid
for Infowars.com.

WOW.AI is aiming to acquire Infowars.com from the Alex Jones
bankruptcy estate. If the bid is successful, WOW.AI intends to let
token holders decide what the future holds for the website.

"At WOW.AI, we think that the conversation about facts, real news,
and fake news is one of the most important conversations happening
in the world today," said Rick Latona, CEO of WOW.AI. "Our mission
is to build real value and bring entertainment through innovative
AI and crypto platforms and bidding on Infowars.com gives people
the opportunity to have a say in what happens to it."

Interested parties can buy $WARS, stake $WARS, vote with $WARS at
wars.ai -- Make your voice be heard!

DISCLAIMER: WOW.AI LLC is not, and cannot, guarantee that it will
acquire the Infowars website and related assets. Any bid submitted
by WOW.AI may not become the winning bid in the bankruptcy case of
In re: Alexander E. Jones (Bankr. S.D. Tex., Case No. 22-33553) or
any related matter, and WOW.AI cannot guarantee the ultimate
success of its bid. WOW.AI has no control over the Chapter 7
Trustee or the presiding judge in the bankruptcy matter, and the
presiding judge has recently indicated that the Chapter 7 Trustee's
power to sell the Infowars webpage and assets may be terminated
and/or suspended indefinitely. By purchasing the $WARS Token,
purchasers knowingly and willingly accept the risk inherent in this
transaction, including, that WOW.AI does not promise or guarantee
the acquisition of any Infowars assets, including the Infowars
webpage, and purchasers agree to release and hold harmless WOW.AI
from any claims or causes of action related to the acquisition, or
failure to acquire, any of the Infowars assets and webpage, with
all such claims and causes of action being expressly waived. It
should be known that a lot is up in the air and unclear. On
February 5th, 2025, after a long process, the bankruptcy trustee
changed his mind and decided that the Infowars assets could not be
sold and that, maybe, the company that owns Infowars might be sold
by the bankruptcy trustee.

                   About WOW.AI

WOW!? is an AI Entertainment Company. We aim to launch many fun AI
agents in the years to come. Our goal is to make you laugh and have
fun. We hope that each agent is more intricate than the last one
and as we keep building better and better tech, we hope to upgrade
the previous agents launched. Welcome to our journey.

                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.


GAMESTOP CORP: Egan-Jones Cuts Senior Unsecured Ratings to CCC-
---------------------------------------------------------------
Egan-Jones Ratings Company on January 15, 2025, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by GameStop Corporation to CCC- from CC. EJR also
withdrew the rating on commercial paper issued by the Company.

Headquartered in Grapevine, Texas, GameStop Corporation operates
specialty electronic game and PC entertainment software stores.


GETTY IMAGES: S&P Rates New $1.05BB Term Loan B 'BB-'
-----------------------------------------------------
S&P Global Ratings assigned its 'BB-' issue-level rating and '2'
recovery rating to Getty Images Inc.'s proposed $1.05 billion term
loan B, which comprises a $675 million fixed-rate facility and a
$375 million equivalent euro-denominated floating-rate facility.
The '2' recovery rating indicates S&P's expectation for meaningful
recovery (70%-90%; rounded estimate: 80%) in the event of a
hypothetical default. At the same time, S&P placed the 'BB-' rating
on CreditWatch with positive implications.

S&P said, "We believe the company's refinancing of its existing
$1.05 billion first-lien term loan will be leverage neutral and
extend the facility's maturity by five years. All our existing
ratings on Getty, including our 'B+' issuer credit rating, are
unchanged and remain on CreditWatch, where we placed them with
positive implications on Jan. 31, 2025, following the announcement
of its merger with Shutterstock. This proposed refinancing
addresses one of the conditions we view as necessary to resolve the
CreditWatch placement. However, we will still need to be confident
the company will complete the merger as announced before resolving
the CreditWatch. Getty is hopeful the merger will close in the
second half of 2025.

"Our ratings reflect Getty's enhanced post-merger business risk
profile, given our expectation that the transaction will expand its
product offerings and geographic footprint and enable it to realize
large cost synergies that position it for continued growth. A path
to deleveraging exists based on the company's intent in funding the
merger, but we believe Getty will continue to maintain a prudent
financial risk profile focused on debt repayment."

ISSUE RATINGS--RECOVERY ANALYSIS

Key analytical factors

-- S&P's simulated default scenario considers a default in 2029
resulting from a cyclical downturn and increased competitive
challenges, pricing pressure, and higher marketing spending.

-- S&P assumes Getty would reorganize following a default given
its significant global market position and established
relationships.

Getty Images Holdings Inc. is the borrower of the facilities. The
revolving credit facility and term loan B are senior secured with a
first-lien claim on substantially all the borrower's assets.

S&P said, "We assume U.S. subsidiaries that guarantee the pari
passu senior secured revolving credit facility and senior secured
term loans account for about 50% of consolidated EBITDA and that
secured lenders benefit from a 65% pledge of the capital stock of
first-tier foreign subsidiaries. We assume the intellectual
property owned by nonguarantor subsidiaries is modest."

Simulated default assumptions

-- Simulated year of default: 2029
-- EBITDA at emergence: About $200 million
-- Distressed enterprise valuation EBITDA multiple: 5.5x

Simplified waterfall

-- Net enterprise value (after 5% administrative costs): About
$1.1 billion

-- Valuation split (U.S. obligors/nonobligors, primarily outside
the U.S.): 50%/50%

-- Value available to secured creditors: $870 million

-- Secured first-lien debt: $1.2 billion

    --Recovery expectations: 70%-90% (rounded estimate: 80%)



GIRARDI & KEESE: Tom's Mental Evaluation Extended by 15 Days
------------------------------------------------------------
Craig Clough of Law360 reports that on February 6, a California
federal judge ordered a 15-day extension of Tom Girardi's
psychiatric evaluation at a North Carolina federal prison.

She also criticized Girardi's public defender, stating she "could
not have imagined" why it took 17 days to transfer his medical
records to the facility, the report states.

                 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 is Andrew Goodman, at Goodman Law
Offices, Apc.

Elissa D. Miller, a member of the firm SulmeyerKupetz, has been
appointed as Chapter 7 trustee for GIRARDI KEESE.


GLOBALSTAR INC: Egan-Jones Cuts Senior Unsecured Ratings to CCC-
----------------------------------------------------------------
Egan-Jones Ratings Company on January 15, 2025, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Globalstar, Inc. to CCC- from CC. EJR also withdrew
the rating on commercial paper issued by the Company.

Headquartered in Covington, Louisiana, Globalstar, Inc. provides
mobile voice and data communications services via satellite.


GREEN PLAINS: Egan-Jones Retains B- Senior Unsecured Ratings
------------------------------------------------------------
Egan-Jones Ratings Company on January 14, 2025, maintained its 'B-'
foreign currency and local currency senior unsecured ratings on
debt issued by Green Plains Inc. EJR also withdrew the rating on
commercial paper issued by the Company.

Headquartered in Omaha, Nebraska, Green Plains Inc. owns and
operates ethanol plants located in the Midwest U.S.


GREENWAVE TECHNOLOGY: Lisa Lucas-Burke Joins Board of Directors
---------------------------------------------------------------
Greenwave Technology Solutions, Inc. disclosed in a Form 8-K Report
filed with the U.S. Securities and Exchange Commission that it
increased the number of directors comprising its Board of Directors
from four to five members and appointed Lisa Lucas-Burke as a
member of the Board and as a member of the Audit Committee,
Compensation Committee, and Nomination and Corporate Governance
Committee, effective immediately.

Ms. Lucas-Burke is deemed an "independent" director as such term is
defined by the rules of The Nasdaq Stock Market LLC. There are no
family relationships between Ms. Lucas-Burke and any of our other
officers and directors. Ms. Lucas-Burke will serve until the
Company's 2025 Annual Meeting of stockholders or until her
successor has been duly elected and qualified.

Ms. Lucas-Burke will be compensated $10,000 quarterly for her
services as a director and member of the Committees.

Ms. Lisa Lucas-Burke began her career with the City of Portsmouth
in the Information Technology Department in 1988, ultimately as a
Computer Programmer Analyst. In 2000, Ms. Lucas-Burke joined her
family business of Lucas Lodge, where she currently serves as
Executive Director and business partner with her mother, Senator L.
Louise Lucas.

Lucas-Burke was appointed to the Economic Development Authority in
2010 by the City Council, where she was an EDA Commissioner for 6
years and ultimately achieved the position of Chairman of the
Board.

Ms. Lucas-Burke was elected to Portsmouth City Council in 2016 and
was re-elected in 2020. During Lucas-Burke's eight-year tenure on
the Portsmouth City Council, she was unanimously voted in twice to
serve as Vice Mayor by her City Council Colleagues.

A graduate of Norfolk State University, Ms. Lucas-Burke holds a
Bachelor of Science Degree in Electronics Engineering (1987) and a
Bachelor of Arts Degree in Psychology (2016).

Lucas-Burke is a Diamond Life Member of Delta Sigma Theta Sorority,
Incorporated, and her chapter affiliation has been with the
Portsmouth Alumnae Chapter of Delta Sigma Theta Sorority, Inc.,
since 1996. Lucas-Burke served as Chapter President of Portsmouth
Alumnae Chapter for two, two-years terms (2008 - 2012); Lucas-Burke
is also a member of the Portsmouth (VA) Chapter of The Links,
Incorporated (2017 - present); Martin Luther King, Jr., Leadership
Steering Committee (2006 - present); Portsmouth Democratic
Committee (2006 - present); Lefcoe Trustee Board (2013 - present);
Member of St. Mark Missionary Baptist Church (2009 - present); and
Lucas-Burke is also a former board member and Chair of The
Portsmouth Boulevard - Center for Youth (2006 - 2012), where she
served as member, Treasurer and President over her six year term on
the board.

                         About Greenwave

As an operator of 13 metal recycling facilities, Greenwave
Technology Solutions, Inc. (Nasdaq: GWAV) supplies leading steel
mills and industrial conglomerates with ferrous and non-ferrous
metal.  With steel being one of the most recycled materials
worldwide, Greenwave supplies the raw metal utilized in critical
infrastructure projects and U.S. warships vital to American
national security interests.  Headquartered in Chesapeake, VA, the
Company has 167 employees with metal recycling operations across
Virginia, North Carolina, and Ohio.  For detailed financials and
updates, visit www.GWAV.com.

New York, NY-based RBSM LLP, the Company's auditor since 2017,
issued a "going concern" qualification in its report dated April
16, 2024.  The report emphasizes that Greenwave has net loss, has
generated negative cash flows from operating activities, has an
accumulated deficit and has stated that substantial doubt exists
about Company's ability to continue as a going concern.

As of Sept. 30, 2024, Greenwave had $69.57 million in total assets,
$18.30 million in total liabilities, and $51.27 million in total
stockholders' equity.


GRESHAM WORLDWIDE: Claims to be Paid From Ault's Exit Financing
---------------------------------------------------------------
Gresham Worldwide, Inc., filed with the U.S. Bankruptcy Court for
the District of Arizona a Disclosure Statement for Plan of
Reorganization dated January 31, 2025.

The Debtor is a California corporation, with its principal place of
business located in Scottsdale, Arizona at the time of the filing
of Debtor's bankruptcy petition. Although Debtor was founded in
1980, Debtor's present-day structure was formed upon the merging of
Gresham Holdings, Inc. and Giga-tronics Incorporated on September
8, 2022.

On the Filing Date, Debtor operated primarily as a holding company
of the assets that were merged in 2022, but it also maintained a
historical operating division known as Giga-tronics (the
"Giga-tronics Division"). The Debtor is structured with two wholly
owned subsidiaries: Gresham Holdings, Inc. and Microsource, Inc.

Since the Filing Date, Debtor has actively worked to effectuate
management changes, streamline its businesses, shed unprofitable
divisions and Subsidiaries, and improve its cash flow, including
cash flow controls between and among its Subsidiaries. Debtor has
worked to secure the Exit Financing from Ault to negotiate the
terms of the Plan with Ault and the Committee, among others.

The Plan proposes full payment to all creditors other than Ault
over a three-year Plan Period. The Plan is to be funded by the Exit
Financing and the revenues Debtor expects will be generated by the
Reorganized Debtor and its Subsidiaries. All assets of Debtor will
vest in the Reorganized Debtor as of the Effective Date of the Plan
free and clear of all Claims and Administrative Expense Claims.

In lieu of repayment of the Ault Debt the Plan proposes to cancel
all existing equity in Debtor including, without limitation, all
preferred and nonpreferred stock, warrants, options and the like
that existed as of the Filing Date and issue new preferred and
common stock to Ault and certain participating unsecured creditors
that elect to exchange their Claims for common stock in lieu of
payment. Following the Effective Date, the Reorganized Debtor will
be liable for repayment of the Exit Financing, repayment of all of
the Plan Obligations, and for all liabilities and claims incurred
or arising against the Reorganized Debtor following the Effective
Date.

Class 6 is comprised of any Allowed General Unsecured Claims not
otherwise treated under this Plan. Debtor estimates that Allowed
Class 6 Claims will total approximately $4,685,717.01. The Holders
of the Allowed Class 6 General Unsecured Claims shall, at their
option, have three alternatives in full satisfaction, settlement,
release, extinguishment, and discharge of such Claims:

     * Option A. Payment on the Effective Date for 50% of the
amount owed to the Holder of the Allowed Claim.

     * Option B. Payment up to the full amount of each Allowed
Claim over the Plan Period without interest and subject to the
Arena/Walleye Adjustment. If a Holder of a Class 6 Allowed Claim
chooses this option, such Holder will receive a pro rata
distribution with other Allowed Class 6 Claims from an initial
distribution amount of $1.0 million on the Effective Date, and
continuing quarterly thereafter, the Holder will receive a total of
twelve additional payments from the Reorganized Debtor, the first
four of which will be fixed at $150,000, and all remaining
quarterly distributions will be calculated based on the then
Allowed Claims divided by the number of remaining quarterly
distributions and after deduction of Arena/Walleye Adjustment, if
any.

     * Option C. Equity in the Reorganized Debtor. Any Holder of an
Allowed Class 6 Claim may elect to receive a pro-rata share of the
common stock in the Reorganized Debtor on a pro rata basis based on
the value of such claims and the value of Ault's non preferred
allocable interest in Reorganized Debtor (approximately $8.0
million) with Ault Lending as provided in Class 3.

Creditors shall be required to choose one of the options on their
ballots when voting on the Plan. Creditors that fail to vote or
otherwise designate an option on their ballot shall be deemed to
elect treatment under Option 2. The Class 6 Claims are impaired.

Class 7 is comprised of the existing Shareholder Interests in the
Debtor, which includes all holders of Debtor's stock trade and any
warrants or options to acquire Debtor's stock. All existing Insider
Shareholder Interests and Non-Insider Shareholder Interests of
Debtor shall be cancelled, released, and extinguished on the
Effective Date, and the Reorganized Debtor shall not have any
continuing obligations with respect to such Shareholder Interests.
All of the New Equity in the Reorganized Debtor shall be issued to
Allowed Claims in Class 3 and Class 6 as provided therein.

The Debtor has secured the Exit Financing from Ault Lending or its
nominee. Pursuant to the proposed treatment of the Arena and
Walleye Claims in Classes 1 and 2 of the Plan, Debtor shall pay or
reserve approximately $5.3 million of the Exit Financing to address
such Claims on the Effective Date as provided in the treatment of
Class 1 and Class 2 Claims or as otherwise ordered by the
Bankruptcy Court.

A full-text copy of the Disclosure Statement dated January 31, 2025
is available at https://urlcurt.com/u?l=JNfn7T from
PacerMonitor.com at no charge.

Gresham Worldwide, Inc. is represented by:

     Patrick A. Clisham, Esq.
     Engelman Berger, PC
     2800 North Central Avenue, Suite 1200
     Phoenix, AZ 85004
     Telephone: (602) 271-9090
     Facsimile: (602) 222-4999
     Email: pac@eblawyers.com

                   About Gresham Worldwide

Gresham Worldwide, Inc., designs, manufactures, and distributes
purpose-built electronics equipment, automated test solutions,
power electronics, supply and distribution solutions, as well as
radio, microwave, and millimeter wave communication systems and
components for a variety of applications with a focus on the global
defense industry and the healthcare market.

Gresham Worldwide sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Ariz. Case No. 24-06732) on Aug. 14,
2024. In the petition filed by Lutz P. Henckels, chief financial
officer, the Debtor disclosed $32,859,000 in assets and $39,786,000
in liabilities as of June 30, 2024.

Judge Scott H. Gan oversees the case.

Patrick A. Clisham, Esq., at Engelman Berger, PC, serves as the
Debtor's counsel.

The U.S. Trustee appointed an official committee of unsecured
creditors in the Chapter 11 case.  The Committee tapped Stinson LLP
as legal counsel.


GRUBHUB INC: S&P Affirms 'CCC+' ICR, Alters Outlook to Positive
---------------------------------------------------------------
S&P Global Ratings revised its rating outlook on Grubhub Inc. to
positive from developing and affirmed its ratings on the company,
including its 'CCC+' issuer credit rating and 'B-' issue-level
rating on the company's senior unsecured notes.

S&P said, "The positive outlook reflects Grubhub's improving
leverage and cash flow metrics and that we could raise our ratings
if it continued to deleverage and sustain FOCF to debt above 5%,
and we expected the company would refinance its 2027 maturities in
a timely manner."

The outlook revision primarily reflects Grubhub's improved credit
metrics, with S&P-Global Ratings-adjusted EBITDA and FOCF turning
positive in 2024. S&P-Global Ratings-adjusted EBITDA and FOCF
turned positive in the second and third quarters of 2024,
respectively, due to better operating efficiency with reduced
marketing, personnel, and one-time expenses more than offsetting
revenue declines from lower order volumes. S&P said, "We expect the
company's leverage will improve to about 9x in 2024, with FOCF to
debt of about 5%. In addition, liquidity concerns eased with
improved cash flow generation and the company's solid cash balance
following its acquisition by Wonder. While neither Grubhub nor
Wonder have a revolving credit facility, we revised our liquidity
assessment on Grubhub to adequate from less than adequate because
we expect Grubhub to have at least $100 million of cash on its
balance sheet following its acquisition by Wonder, and we forecast
positive FOCF generation in 2025 that is sufficient to cover the
company's modest cash needs over the next 12 months."

S&P said, "Still, our 'CCC+' rating reflects that the company's
turn to positive cash flow generation is very recent, and order
volume declines could pressure cash flow more than we have forecast
in 2025. Grubhub's $500 million senior unsecured notes mature in
July 2027, and we believe the company will need to demonstrate an
ability to consistently generate sufficient FOCF to refinance and
cover its future interest expense, which would likely be much
higher than its favorable fixed rate today.

"Wonder Group's planned cost-saving initiatives for Grubhub could
accelerate deleveraging; however, we believe there are execution
risks. Wonder expects to achieve cost savings at Grubhub by
optimizing duplicative functions through staff reductions,
consolidating office space, and sharing technology costs. In
addition, the company expects to realize revenue synergies with
exclusive listing of Wonder's own portfolio of restaurants, which
skew toward suburban customers in contrast to Grubhub's urban
focus. In our base case forecast, we assume the company realizes
moderate incremental EBITDA from cost-cutting initiatives. Still,
execution risks are present that could undermine these expected
savings. We believe there is risk that Wonder's cost-cutting
strategies may cut staffing too deep, which could have an adverse
effect on sales. In addition, potential conflicts of interest could
arise for Wonder as it determines how to market its own restaurants
on Grubhub's app versus placement of Grubhub's existing third-party
merchants.

"Unfavorable regulations continue to challenge the company's
profitability. The commission fee caps enacted by local governments
in key markets during COVID-19 to protect restaurants'
sustainability has severely hurt the company's profitability. New
York City, Grubhub's largest market, made fee caps permanent in
August 2021. We believe the company has lost hundreds of millions
of dollars in EBITDA since the start of the pandemic due to these
caps. Grubhub and its peers are challenging the ruling in New York
city; however, the uncertainty about the outcome and timing of the
ruling continue to threaten the company's profitability and
consequently we assume fee caps will remain in place in our
forecast."

Furthermore, in 2023, New York City set a minimum pay rate. The
updated pay structure was far above the New York City Department of
Consumer and Worker Protection's (DCWP's) estimated current average
wage per hour prior to the regulation and is set to increase again
in April 2025. While Grubhub has managed to increase EBITDA while
taking on this additional cost, the company's profitability would
potentially suffer if similar minimum pay initiatives arise in the
company's other markets.

S&P said, "The company's relationship with Amazon presents more
opportunities than risks, and we expect this relationship will
continue to grow under Wonder's ownership. We believe Grubhub's
five-year deal with Amazon, integrating its platform into Amazon's
mobile app and website, is an extension of its efforts to expand
the customer base, drive down customer acquisition costs, and
generate positive free cash flow. This is a credit positive at the
current rating. Grubhub's order volume continues to decline due to
market share losses and a return to normalized ordering patterns
after order volumes spiked due to COVID-19-related restrictions.
The Amazon relationship provides an opportunity for Grubhub to
improve order volume trends without ratcheting up investment in
customer acquisition. However, greater dependence on Amazon could
also be a credit risk, as customers could find accessing the
service via a Prime membership more economical and a better value,
which would detract from the pricing power of the company's
subscription service Grubhub+ (currently $120 a year for non-Prime
members and free for Prime members). We also think the contract
correlates future operating prospects to the health of the
relationship with Amazon.

"The positive outlook reflects Grubhub's improving leverage and
cash flow metrics and that we could raise our ratings if it
continued to deleverage and sustain FOCF to debt above 5%, and we
expected the company would refinance its 2027 maturities in a
timely manner."

S&P could take a negative rating action if Grubhub's operating
performance weakened, liquidity contracted, and S&P believed it
were unlikely to refinance its 2027 maturity at par. This could
occur due to a combination of the following:

-- Order volume declines accelerate;

-- The company is unable to execute cost-saving initiatives or
revenue synergies;

-- New York City fee caps are not lifted; or Wonder is unwilling
or unable to provide financial support to Grubhub.

S&P said, "We could also revise the outlook to stable if covenant
terms were amended to allow greater cash distributions from Wonder
to Grubhub.

"We could raise the rating to 'B-' if the company's leverage and
cash flow metrics continued to improve, and we expected the company
to sustain FOCF to debt above 5% and refinance its 2027 maturities
in a timely manner. In our upgrade scenario, we also expect the
company's order volumes to stabilize."



H & H RENTAL: Gets OK to Use Cash Collateral Until Feb. 24
----------------------------------------------------------
H & H Rental Broker, Inc. got the green light from the U.S.
Bankruptcy Court for the Eastern District of North Carolina to use
the cash collateral of MMG Investments, VI, LLC and BB&T.

The interim order signed by Judge David Warren authorized the
company to use the lenders' cash collateral until Feb. 24 to pay
the expenses set forth in its budget.

The budget projects total operational expenses of $2,269.77 from
Jan. 9 to Feb. 22.

As adequate protection, the lenders were granted a post-petition
replacement lien on their collateral to the same extent and with
the same validity and priority as their pre-bankruptcy liens.

The next hearing is scheduled for Feb. 24.

                   About H & H Rental Broker Inc.

H & H Rental Broker, Inc. filed Chapter 11 petition (Bankr. E.D.
N.C. Case No. 25-00105) on January 9, 2025, with up to $1 million
in assets and up to $50,000 in liabilities. Tonya Hanks, president
of H & H Rental Broker, signed the petition.

The Debtor is represented by:

     J.M. Cook. Esq.
     J.M. Cook, P.A.
     5886 Faringdon Place Suite 100
     Raleigh, NC 27609
     Tel: (919) 675-2411
     Fax: (919) 882-1719
     Email: J.M.Cook@jmcookesq.com


H-FOOD HOLDINGS: Creditors Object to Executive Bonus Plan
---------------------------------------------------------
Randi Love of Bloomberg Law reports thatJunior creditors of
Hearthside Food Solutions are challenging the bankrupt snack
maker's plan to award up to $24.1 million in performance-based
bonuses to eight executives.

In a February 5, filing with the U.S. Bankruptcy Court for the
Southern District of Texas, an unsecured creditors' committee
argued that the proposed bonuses are nearly 10 times the amount
allocated to junior creditors, according to the report.  The
committee also noted that the executives had already received
retention payments in the year before the bankruptcy filing,
according to Bloomberg Law.

                  About H-Food Holdings

H-Food Holdings, LLC, formerly known as Matterhorn Merger Sub, LLC,
was founded in 2009 in Grand Rapids, Mich. The company and its
affiliated debtors are a contract manufacturer of food products,
producing and supplying, among other things, nutrition bars, frozen
packaged foods, meal kits, snacks, sauces, refrigerated trays,
overwrap, custom packaging solutions, and more to customers. As the
largest food co-manufacturer in North America, the Debtors
manufacture some of the most valued and recognizable brands, and
the Debtors' key customers include many of the leading consumer
packaged goods customers in North America.

The Debtors filed Chapter 11 petitions (Bankr. S.D. Texas Lead Case
No. 24-90586) on Nov. 22, 2024, listing $1 billion to $10 billion
in both assets and liabilities. Robert M. Caruso,
chiefrestructuring officer, signed the petitions.

Judge Alfredo R. Perez presides over the cases.

The Debtors tapped Ropes & Gray, LLP as general bankruptcy counsel;
Porter Hedges, LLP as co-bankruptcy counsel; Evercore Group, LLC as
investment banker; and Alvarez & Marsal North America, LLC as
financial advisor.


HCA INC: Egan-Jones Retains BB+ Senior Unsecured Ratings
--------------------------------------------------------
Egan-Jones Ratings Company on January 23, 2025, maintained its
'BB+' foreign currency and local currency senior unsecured ratings
on debt issued by HCA Inc.

Headquartered in Nashville, Tennessee, HCA Inc. of Delaware owns,
manages, and operates hospitals.


HEART OF GOLD: Seeks Subchapter V Bankruptcy in Pennsylvania
------------------------------------------------------------
On January 31, 2025, Heart of Gold Home Care LLC filed Chapter 11
protection in the U.S. Bankruptcy Court for the Middle District of
Pennsylvania.

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.

           About Heart of Gold Home Care LLC

Heart of Gold Home Care LLC operates as a healthcare services
provider.

Heart of Gold Home Care LLC sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. M.D. Pa. Case No. 25-00268) on
January 31, 2025. In its petition, the Debtor reports estimated
assets and liabilities between $500,000 and $1 million each.

Honorable Bankruptcy Judge Mark J. Conway handles the case.

The Debtor is represented by Robert E. Chernicoff, Esq., at
Cunningham and Chernicoff PC, in Harrisburg, Pennsylvania.


HELIUS MEDICAL: Registers 6.2MM Class A Common Shares for Resale
----------------------------------------------------------------
Helius Medical Technologies, Inc. filed a preliminary prospectus on
Form S-3 with the U.S. Securities and Exchange Commission relating
to the resale by the selling stockholders -- Armistice Capital,
LLC, Bigger Capital Fund LP, District 2 Capital Fund LP,
Intracoastal Capital LLC, Porter Partners, L.P. -- or their
pledgees, donees, transferees or other successors in interest, from
time to time, of up to 6,213,888 shares of the Company's Class A
common stock issuable upon exercise of warrants granted to certain
investors in connection with warrant exercise inducement letters
entered into on January 21, 2025. The shares of common stock
issuable upon exercise of the warrants are referred to herein as
the Securities. Helius Medical is registering the Securities on
behalf of the selling stockholders, to be offered and sold from
time to time, to satisfy certain registration rights that we have
granted to the selling stockholders.

The selling stockholders may resell or dispose of the Securities,
or interests therein, at fixed prices, at prevailing market prices
at the time of sale or at prices negotiated with purchasers, to or
through underwriters, broker-dealers, agents, or through any other
means. The selling stockholders will each bear their respective
commissions and discounts, if any, attributable to the sale or
disposition of the Securities, or interests therein, held by such
selling stockholder. Helius Medical will bear all costs, expenses
and fees in connection with the registration of the Securities and
will not receive any of the proceeds from the sale of the
Securities by the selling stockholders.

Helius Medical's common stock is listed on the Nasdaq Capital
Market under the symbol "HSDT." On January 30, 2025, the last
reported sale price of its common stock on the Nasdaq Capital
Market was $0.635 per share.

A full-text copy of the registration statement is available at:

                  https://tinyurl.com/39nrrev6

                          About Helius Medical

Headquartered in Newtown, Pennsylvania, Helius Medical
Technologies, Inc. is a neurotechnology company focused on
neurological wellness. The Company's purpose is to develop, license
or acquire non-implantable technologies targeted at reducing
symptoms of neurological disease or trauma.  The Company's product,
known as the Portable Neuromodulation Stimulator, or PoNS, is an
innovative non-implantable medical device, inclusive of a
controller and mouthpiece, which delivers mild electrical
stimulation to the surface of the tongue to provide treatment of
gait deficit and chronic balance deficit.  PoNS Therapy is integral
to the overall PoNS solution and is the physical therapy applied by
patients during use of the PoNS device.  PoNS has marketing
clearance in the U.S. for use as a short-term treatment of gait
deficit due to mild-to-moderate symptoms for multiple sclerosis and
is to be used as an adjunct to a supervised therapeutic exercise
program in patients 22 years of age and over by prescription only.


Minneapolis, Minnesota-based Baker Tilly US, LLP, the Company's
auditor since 2022, issued a "going concern" qualification in its
report dated March 28, 2024.  The report highlights that the
Company has recurring losses from operations, an accumulated
deficit, expects to incur losses for the foreseeable future and
requires additional working capital.  These are the factors that
raise substantial doubt about the Company's ability to continue as
a going concern.

As of September 30, 2024, Helius Medical Technologies had $5.6
million in total assets, $1.8 million in total liabilities, and
$3.8 million in total stockholders' equity.


HESS MIDSTREAM: Fitch Assigns 'BB+' Rating on Sr. Unsecured Notes
-----------------------------------------------------------------
Fitch Ratings has assigned a 'BB+' rating with a Recovery Rating of
'RR4' to Hess Midstream Operations, LP's (HESM OpCo) proposed new
senior unsecured notes issuance. HESM OpCo intends to use the
proceeds to refinance existing indebtedness.

Fitch does not expect the proposed new issuance to affect HESM
OpCo's leverage and credit profile. Fitch has reviewed preliminary
terms of the issuance, and the assigned ratings assume no material
variations in the final terms.

HESM OpCo's ratings reflect Fitch's expectation for leverage
slightly above 3.0x, given current debt-funded share buyback
trends. The ratings are also supported by the company's strong cash
flow profile. However, these strengths are balanced against various
risks that HESM OpCo faces as a single-basin focused midstream
service provider with high customer concentration.

Key Rating Drivers

Credit Neutral Transaction: Fitch does not expect HESM OpCo's total
debt balance and EBITDA leverage to be meaningfully impacted by
this transaction. The new issuance will rank pari pasu with
existing senior unsecured notes. The 'BB+'/'RR4' rating for the
proposed offering is consistent with the rating on the company's
existing senior unsecured notes.

Relationship with Owners: HESM OpCo is co-owned by Hess Corp. (HES;
BBB/Rating Watch Positive) with a 37.8% stake, Global
Infrastructure Partners (GIP), a part of BlackRock, Inc. with
14.3%, and the public holds the remainder. Major decisions require
unanimity between HES and GIP, preventing unilateral control. As a
result, Fitch did not apply its parent subsidiary linkage criteria,
leaving HESM OpCo's ratings independent from its owners. Although
reliant on HES for most business, significant adverse developments
at HES could negatively affect HESM OpCo's credit profile.

Strong Cashflow Profile: Nearly 100% of HESM OpCo's run-rate EBITDA
is expected to come from fee-based contracts, most of which are
under long-term revenue assurance type minimum volume commitment
(MVC) contracts. Nearly all of HESM OpCo's MVCs are with HES, which
will continue through 2033. The MVCs are based on 80% of HES's
nominations and are set in advance on a three-year rolling basis.
Once set, they can only be upsized, providing further downside
protection against volumetric risks.

Disciplined Leverage Profile: Fitch expects HESM OpCo to continue
maintaining lower leverage than its midstream peers, at or around
its stated target of 3.0x. Strong positive FCF generation
underscores the company's commitment to its leverage target. The
majority of the FCF is expected to be used for shareholder returns
via buybacks and for dividend increases. Furthermore, debt funded
sponsor held unit repurchases could continue to occur till leverage
remains close to the target, and no significant expansions or
acquisitions are planned.

Geographic and Customer Concentration: HESM OpCo's assets are
concentrated in the Bakken Shale, and its revenue is almost
entirely driven by volumes from HES. This creates concentration
risk, as any adverse factors affecting the Bakken or HES could have
a significant impact on HESM OpCo. However, volumes across HESM
OpCo's systems have been strong, largely at or above MVCs,
demonstrating robust regional production tends. Customer
concentration risks are also partially mitigated by strong
counterparty credit quality.

Robust Fee Structure: Nearly 85% of HESM OpCo's fee-based contracts
have a fixed rate that increases annually based on CPI escalators
capped at 3%. The fees cannot be changed or reduced once set. The
fees on the remaining 15% of fee-based contracts are set on a
cost-of-service framework that applies to its water gathering and
terminaling business. It incorporates actual and forecasted volumes
as well as capital and operational expenditures, and it is subject
to annual recalculation for all forward years to maintain
contractual return on capital.

Chevron-Hess Corp. Deal Timing Uncertainties: Chevron's acquisition
of HES has been delayed due to arbitration by Exxon Mobil Corp. but
is likely to close in 2025. GIP was acquired by BlackRock in 3Q24.
These transactions have not yet had an impact on HESM OpCo's
governance. Fitch anticipates greater clarity on Chevron/HES and
BlackRock/GIP's intentions for HESM OpCo's governance, ownership,
or contract structure post-Chevron-HES deal closure. Without
explicit rating linkage, the transaction is unlikely to
significantly mitigate single-customer concentration risks.

Derivation Summary

EQM Midstream Partners, LP (EQM; BB+/Stable), like HESM OpCo,
primarily operates in the Appalachia basin and derives most of its
revenue from a single counterparty that is also its parent. EQM's
ratings are uplifted by rating linkage with its parent EQT Corp.
(BBB-/Stable), following EQM's acquisition by EQT.

However, Fitch views EQM's credit profile as consistent with a 'BB'
rating on a standalone basis. EQM has greater EBITDA, but HESM
OpCo's projected near-term leverage is more than two times lower.
This lower leverage is the main reason that HESM OpCo has a higher
rating than EQM's standalone credit profile.

EnLink Midstream, LLC (ENLC; BBB-/Rating Watch Positive) has larger
operational scale than HESM OpCo and is regionally more diversified
with assets across multiple oil and gas producing regions in the
U.S. Fitch projects higher leverage for ENLC, but its long-term
leverage target is now 3.5x, which is only slightly higher than
HESM OpCo's target of 3.0x. Fitch also notes, ENLC had successfully
achieved its previous target of 4.0x. HESM OpCo's smaller size, and
regional and customer concentration are the key drivers leading to
a one-notch difference in IDR with ENLC.

Key Assumptions

- Fitch's oil and gas price deck;

- Volume throughput across gathering, processing, and terminaling
businesses consistent with MVCs, and Fitch's expectations for HES's
oil and gas production in the Bakken;

- Dividend growth maintained at 5% per year;

- Stable maintenance capital spend consistent with prior years, and
growth capital spend for compressor expansions and new well
connects consistent with HES's development plans;

- Sporadic multiple debt funded sponsor held share buybacks in
small increments.

RATING SENSITIVITIES

Factors That Could, Individually or Collectively, Lead to Negative
Rating Action/Downgrade

- Negative rating action at primary counterparty HES;

- Adverse changes in certain terms in the array of contracts with
HES;

- EBITDA leverage sustained above 4.0x, while maintaining the
current size.

Factors That Could, Individually or Collectively, Lead to Positive
Rating Action/Upgrade

- EBITDA leverage sustained below 3.0x, while maintaining the
current size;

- A significant acquisition that meaningfully diversifies business
risk, provided EBITDA leverage stays below 4.5x, although this may
vary, depending on the risk profile of the acquisition.

Liquidity and Debt Structure

HESM OpCo had adequate liquidity as of Sept. 30, 2024. The company
had total liquidity of roughly $990 million, consisting of about
$10 million of cash on the balance sheet, $970 million available
under the $1 billion revolver, and $10 million available under its
$400 million Term Loan A facility. The credit facilities mature on
July 14, 2027. Pro forma for the proposed new issuance and
subsequent debt repayment, HESM OpCo's nearest debt maturity will
be $550 million 5.125% senior unsecured notes due 2028.

Financial covenants on the secured credit facility permits a
maximum funded debt/EBITDA ratio of 5.0x (expanding temporarily to
5.5x in the event of certain acquisitions), and a maximum secured
debt/EBITDA ratio of 4.0x, as defined in the credit facility for
the prior four quarters.

HESM OpCo was compliant with all the covenants as of the latest
quarter end, and Fitch expects the company to remain comfortably
within the covenant limits at least in the near term. The liquidity
is further bolstered by expectations of continued strong positive
FCF generation.

Issuer Profile

HESM OpCo is a fee-based midstream company with assets in the
Bakken shale play in North Dakota. It is jointly owned by Hess
Corporation and Global Infrastructure Partners, and part of it is
held by public unit holders.

Summary of Financial Adjustments

Fitch typically calculates midstream energy issuers' leverage by
using EBITDA figure that excludes earnings from equity investments
and adding distributions from equity investments.

Date of Relevant Committee

30 July 2024

MACROECONOMIC ASSUMPTIONS AND SECTOR FORECASTS

Fitch's latest quarterly Global Corporates Macro and Sector
Forecasts data file which aggregates key data points used in its
credit analysis. Fitch's macroeconomic forecasts, commodity price
assumptions, default rate forecasts, sector key performance
indicators and sector-level forecasts are among the data items
included.

ESG Considerations

Hess Midstream Operations LP has an ESG Relevance Score of '4' for
Group Structure due to the somewhat complex organizational
structure, and exposure to potential financial issues arising
elsewhere in the group, 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.

   Entity/Debt             Rating        Recovery   
   -----------             ------        --------   
Hess Midstream
Operations LP

   senior unsecured    LT BB+ New Rating   RR4


HGLK INC: Claims to be Paid From Ongoing Operations
---------------------------------------------------
HGLK INC., d/b/a Woodys Lawn Sprinkler and Landscape, filed with
the U.S. Bankruptcy Court for the District of Colorado an Amended
Plan of Reorganization for Small Business under Subchapter V dated
January 30, 2025.

The Debtor operates a lawn sprinkler repair and landscape company
serving the Arvada community and surrounding areas. The Debtor's
business is seasonal and does the majority of its business during
the summer months. The Debtor has been owned by Michael Woods since
May 2013 who took over from his father, the original owner.

Recently, the Debtor was forced to defend a frivolous lawsuit from
a temporary employee who filed discrimination claims against the
company and who has notoriously targeted other companies as well.
After the Debtor was no longer able to afford the legal fees to
continue defending the lawsuit, upon information and belief, a
default judgment was entered against the Debtor who could not
represent itself in court as a corporation. The Debtor has never
received a copy of this alleged judgment or other documents that
may have been entered into state court lawsuit disputes the
underlying debt.

Accordingly, the Debtor was left with no choice but to file a
Chapter 11 Petition to address these issues. For the five-year
total, the Debtor projects $62,482.67 net cash flow which shall be
paid to creditors under the "disposable income" requirement of the
Code.

Pursuant to Section 1129(a)(5), the Debtor discloses that Mike
Woods shall be responsible for carrying out and effectuating this
Plan. Mr. Woods annual salary shall be $84,500.00. The following
insiders, comprised of Mr. Woods' wife and sons, are also employed
by the Debtor and receive the following annual salary: Esther
Woods, ($84,500.00); Gavin Woods ($72,800.00); Landen Woods (up to
$22,400.00).

Class 2 consists of Allowed Unsecured Claims. The Class 2 creditors
shall each be paid their pro rata share of the Plan Payment Fund.
Class 2 is impaired under the Plan.

Class 3 shall consist of the equitable interest of Mike Woods, the
100% owner of the Debtor. The holder of Class 3 interest will
receive no money under the Plan on the Effective Date. Mr. Woods
will retain his interest to the same extent that it held such
interests prior to the filing of the Bankruptcy. Class 3 is not
impaired under the Plan.

The Debtor, with assistance from its owner, accountant, and office
staff, prepared cash flow projections which reflect a realistic
prediction of the Debtor's operations during the five-year period
following Effective Date of the Plan. These projections show an
accumulated net cash flow available to pay creditors in the total
amount of $62,482.67over the five-year period.

This amount shall be paid pro rata to Unsecured Creditors with
Allowed Claims in Class 2. The Debtor shall be obligated to pay its
projected disposable income to Allowed Claims in Class 2. The
projections also demonstrate the ability to pay the Secured
Creditors in Class 1, plus administrative and priority claims.

The funds deposited into the account representing the Plan Payment
Fund will come from the Debtor's net revenue generated from its
ongoing operations. The Debtor shall be obligated to pay its
projected disposable income to Allowed Claims in Class 2. The Plan
Payment Fund shall be placed in an interest-bearing account
following the Effective Date and in accordance with the Debtor's
projections.

A full-text copy of the Amended Plan dated January 30, 2025 is
available at https://urlcurt.com/u?l=6RuTS8 from PacerMonitor.com
at no charge.

Counsel to the Debtor:

     Katharine S. Sender, Esq.
     Jeffrey A. Weinman, Esq.
     Allen Vellone Wolf Helfrich & Factor
     1600 Stout Street, Suite 1900,
     Denver, CO 80202
     Tel: (303) 534-4499
     Fax: (303) 534-4499
     Email: jweinman@allen-vellone.com
            ksender@allen-vellone.com

                 About HGLK INC. dba Woodys Lawn
                    Sprinkler and Landscape

HGLK INC. d/b/a Woodys Lawn Sprinkler and Landscape, operates a
lawn sprinkler repair and landscape company serving the Arvada
community and surrounding areas.

The Debtor filed a Chapter 11 bankruptcy petition (Bankr. D. Colo.
Case No. 24-15053) on Aug. 28, 2024. At the time of filing, the
Debtor estimated $50,001 to $100,000 in assets and $500,001 to $1
million in liabilities.

Judge Kimberley H Tyson presides over the case.

The Debtor hires Allen Vellone Wolf Helfrich & Factor as counsel.


HIGH SOCIETY: To Sell Retail Business Assets to Paddle North
------------------------------------------------------------
High Society Freeride Company, LLC, seeks approval from the U.S.
Bankruptcy Court for the District of Colorado, to sell
substantially all of its assets, free and clear of all liens,
claims, and encumbrances.

The Debtor is a Colorado limited liability company with its
principal place of business located in Aspen, Colorado. The Debtor
is engaged in business owning and operating a retail and online
store selling equipment for outdoor adventure activities, including
paddle boards, apparel, skis, and snowboards.

The Debtor maintained a small operation for approximately 20 years
until in 2020, with the COVID-19 pandemic limiting leisure
activities available to individuals, the Debtor's business expanded
significantly as people began to explore more outdoor activities.

As a result of the ongoing financial issues, the Debtor entered
into a lending agreement with 8fig Inc. for a merchant cash
advance. In February 2023, the Debtor also entered into a loan
agreement with WebBank to bolster its inventory, but the payment
terms for both loans proved to be burdensome to the Debtor and
taxed the Debtor’s cash flow.

The Debtor has undertaken significant efforts to reduce its
overhead operating expenses and return to profitability. However,
the Debtor was unable to reinvigorate its sales, and has thus
elected to proceed with a sale of substantially all of its assets,
including its brand assets, logos, trademarks, trade names,
intellectual property, product designs, website and associated
domains, social media channels, customer lists, supplier contracts,
and any remaining inventory.

The Debtor entered a purchase agreement with  Paddle North, LLC in
the total purchase price for the assets is $30,000.

The Debtor requests that the sale of the Estate Assets be free and
clear of all liens, claims, and encumbrances.

                       About High Society Freeride Company, LLC

High Society Freeride Company, LLC, a company in Aspen, Colo.,
filed its voluntary petition for relief under Chapter 11 of the
Bankruptcy Code (Bankr. D. Colo. Case No. 24-13443) on June 20,
2024, listing $392,999 in assets and $4,394,798 in liabilities. The
petition was signed by Paul W. Menter as chief executive officer,
chief financial officer, and managing member.

Judge Joseph G. Rosania Jr. presides over the case.

Keri L. Riley, Esq., at Kutner Brinen Dickey Riley, PC represents
the Debtor as legal counsel.


HIREX INC: Case Summary & 20 Largest Unsecured Creditors
--------------------------------------------------------
Debtor: HireX, Inc.
        1411 Broadway
        6th Floor
        New York, NY 10018

Business Description: HireX offers solutions for staffing,
                      recruitment, and HR services.

Chapter 11 Petition Date: February 7, 2025

Court: United States Bankruptcy Court
       Southern District of New York

Case No.: 25-10243

Judge: Hon. David S Jones

Debtor's Counsel: Douglas Pick, Esq.
                  PICK & ZABICKI LLP
                  369 Lexington Avenue 12th Floor
                  New York City, NY 10017
                  Tel: (212) 695-6000
                  E-mail: dpick@picklaw.net

Total Assets: $139,774

Total Liabilities: $1,108,709

The petition was signed by Ayush Janwaar as president.

A full-text copy of the petition, which includes a list of the
Debtor's 20 largest unsecured creditors, is available for free on
PacerMonitor at:

https://www.pacermonitor.com/view/QZXKELA/HireX_Inc__nysbke-25-10243__0001.0.pdf?mcid=tGE4TAMA


HIRSCH GLASS: Claims to be Paid From Available Cash and Income
--------------------------------------------------------------
Hirsch Glass Corp. filed with the U.S. Bankruptcy Court for the
District of New Jersey a Plan of Reorganization for Small Business
dated January 30, 2025.

The Debtor is a small business that operates as a distributor of
engineered stone servicing the East Coast of the United States.

The Debtor maintains its principal place of business at 115 Melrich
Road, Suite 2, Cranbury, New Jersey. The Debtor maintains six
distribution centers in Norwood, Massachusetts; Norcross, Georgia;
South Brunswick, New Jersey; Charlotte, North Carolina; Orlando,
Florida and Chantilly, Virginia.

Alex Xei is the President and CEO and a two-thirds shareholder of
the Debtor. Helen Zhao is the Vice-President and CFO and a
one-third shareholder of the Debtor. Upon emergence from Chapter
11, Mr. Xei and Ms. Zhao will remain in the current management
positions with the Debtor.

Class 5 consists of Undisputed Liquidated General Unsecured
Creditors. The Debtor estimates that the undisputed, liquidated
general unsecured creditor class totals $73,080.03. This class
shall be paid in full within 420 days of the Effective Date of the
Plan. This Class is unimpaired.

Class 6 consists of Disputed, Unliquidated General Unsecured Claim
of Cambria Company, LLC. Cambria Company LLC filed a proof of claim
in the amount of $12,834,110.00 that is disputed by the Debtor and
is unliquidated as it pertains to a patent infringement lawsuit
filed by Cambria that was ongoing prior to the filing of the within
Chapter 11 proceeding. The Debtor Maintains an insurance policy in
the amount of $500,000.00 that covers this type of litigation. The
Debtor proposes to provide Cambria with limited stay relief to
pursue its claim up to the full extent of the insurance coverage.
Cambria’s recovery if any, would be limited to the $500,000.00
insurance policy. This Class is impaired.

Class 7 consists of Silicosis Tort General Unsecured Claimants.
There have been approximately 52 claims filed for $0.00 by this
class of creditors. All claims are disputed by the Debtor and
remain unliquidated by claimants. These claims arise from lawsuits
filed by these claimants alleging silicosis injuries from the
inhalation of dust from natural and artificial stone products. All
of these lawsuits were brought in the State of California.

The Debtor operated as a distribution center in Anaheim, California
where it sold and distributed quartz slabs between 2016 and 2018
capturing a minimal market share during that period. Among the more
than 40 defendants named in these lawsuits, the Debtor was the
smallest distributor and sold the specified quartz slabs for less
than three years.

Despite significant efforts, the Debtor has been unable to locate
any records indicating sales of the specified quartz products to
any of the claimants and/or their employers. Despite what the
Debtor believes is minimal exposure to liability in these cases,
the Debtor proposes to pay $681,920.00 to this class of creditors
to be paid on a quarterly basis over a period of three years. The
Debtor proposes that this dividend shall be shared on a pro-rata
basis by this class of creditors.

Class consists of Equity Interest Holders. Mr. Xei will receive no
distribution under the Plan other than retaining his ownership
interest in the Debtor. Ms. Zhao will receive no distribution under
the Plan other than retaining her ownership interest in the
Debtor.

The Debtor shall use the estimated funds on hand upon the Effective
Date of the Plan to make the initial distributions for
Administrative Expenses and the initial plan payment.

Additionally, the Debtor shall use its disposable income, to make
its monthly payments under the Plan. The Debtor has reduced its
payroll expenses moving forward, as reflected in the Cash Flow
Projections, so that it may better provide for a distribution to
the disputed, unliquidated class of General Unsecured Creditors.

The Debtor's financial projections show that the Debtor will have
an aggregate annual average cash flow over the three-year plan
term, after paying operating expenses and post-confirmation taxes,
of $ 110,934.00. The final Plan payment is expected to be paid in
December 2027.

A full-text copy of the Plan of Reorganization dated January 30,
2025 is available at https://urlcurt.com/u?l=d8Gz4m from
PacerMonitor.com at no charge.

Counsel to the Debtor:

     Marc C. Capone, Esq.
     Gillman Capone, LLC
     60 Highway 71
     Spring Lake Heights, NJ 07762
     (732) 528-1166
     Fax (732)528-4458
     Email: mcapone@gbclawgroup.com

                  About Hirsch Glass Corporation

Hirsch Glass Corporation is a stone supplier in New Jersey.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D.N.J. Case No. 24-20881) on November 1,
2024, with $6,562,458 in assets and $2,554,600 in liabilities.
Helen Zhao, partner and executive vice president, signed the
petition.

Judge Mark Edward Hall oversees the case.

Marc C. Capone, Esq., at Gillman Capone, LLC, is the Debtor's legal
counsel.


HUMPER EQUIPMENT: Gets Interim OK to Use Cash Collateral
--------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Missouri
issued an interim order authorizing Humper Equipment, LLC and RBX,
Inc. to use cash collateral until Feb. 12.

The companies were authorized to use cash collateral to cover
expenses according to the approved budget, which shows projected
operating expenses of $1,194,156 and fixed expenses of $2,938,593.

Southern Bank and O'Bannon Bank were granted replacement liens on
the companies' pre-bankruptcy and post-petition assets as
protection.

As additional protection, Humper Equipment and RBX were ordered to
continue the monthly payments on their loans, maintain insurance,
and keep their tangible personal property in good condition.

The next hearing is set for Feb. 12.

Southern Bank can be reached through its counsel:

     Lee J. Viorel, Esq.
     Lowther Johnson, LLC
     901 St. Louis Street, 20th Floor
     Springfield, MO 65806
     Office: (417) 866-7777
     Fax: (417) 866-1752
     lviorel@lowtherjohnson.com

O'Bannon Bank can be reached through its counsel:

     Brian K. Asberry, Esq.
     Neale & Newman, L.L.P.
     Farmers Park,
     2144 E. Republic Rd., Suite F-402
     Springfield, MO 65808
     Tel: (417) 882-9090
     Fax: (417) 882-2529
     Email: basberry@nnlaw.com

                     About Humper Equipment LLC

Humper Equipment LLC, a company in Strafford, Mo., filed Chapter 11
petition (Bankr. W.D. Miss. Case No. 24-60818) on December 12,
2024, with up to $50,000 in assets and $10 million to $50 million
in liabilities. James A. Keltner, sole member of Humper Equipment,
signed the petition.

Judge Brian T. Fenimore oversees the case.

The Debtor is represented by:

   Sharon L. Stolte, Esq.
   Sandberg Phoenix & Von Gontard
   Tel: 816-627-5543
   Email: sstolte@sandbergphoenix.com


ILEARNINGENGINES INC: Taps Winston Mar of CR3 Partners as CRO
-------------------------------------------------------------
iLearningEngines, Inc. and affiliates seek approval from the U.S.
Bankruptcy Court for the District of Delaware to hire CR3 Partners,
LLC and designate Winston Mar as chief restructuring officer.

The firm will render these services:

     a) provide oversight and support to the Company and the
Company's other professionals in connection with execution of the
Company's business plan, reorganization plan, any sales process,
and the overall administration of activities within the chapter 11
proceeding;

     b) provide oversight and assistance in connection with the
preparation of financial reporting and related disclosures required
by the bankruptcy court, including the Schedules of Assets and
Liabilities, the Statement of Financial Affairs and Monthly
Operating Reports, and any other disclosures required by the
Company in connection with the bankruptcy process, or in keeping
with our professional and ethical responsibilities;

     c) provide oversight and assistance in connection with the
preparation of financial information for distribution to creditors
and others, including, but not limited to, cash flow projections
and budgets, cash receipts and disbursements analysis of various
asset and liability accounts, and analysis of proposed transactions
for which court approval is sought;

     d) participate in meetings and provide assistance to any
official committee(s) appointed in the case, the Office of the
United States Trustee for the District of Delaware (the “U.S.
Trustee”), other parties in interest, including contractual
counterparties, and professionals hired by the same;

     e) evaluate and make recommendations as needed to maximize the
value of the Company's assets;

     f) provide oversight and assistance in connection with the
preparation of analysis of creditor claims;

     g) provide oversight and assistance in connection with the
evaluation and analysis of avoidance actions, including, fraudulent
conveyances and preferential transfers, and in the defense and
prosecution of other litigation, if necessary;

     h) conduct investigation for litigation/bankruptcy matters as
required;

     i) expert report preparation and deposition and trial
testimony;

     j) assist Clients' counsel with deposition and trial
preparation;

     k) provide advice, recommendations and other services related
to this litigation matter as Clients and its Counsel may request
from time to time and as agreed to or deemed necessary by CR3
Partners;

     l) evaluate the cash flow generation capabilities of the
Company for valuation maximization opportunities;

     m) provide oversight and assistance in connection with
communications and negotiations with constituents including
investors and other critical constituents to the successful
restructuring of the Company, as well as to directly communicate
with stakeholders where appropriate, and to establish communication
protocols;

     n) manage professionals engaged by the Company, or committees
or other stakeholders involved in a chapter 11 or restructuring of
the Company, and to directly communicate with such stakeholders as
appropriate;

     o) assist in development of a plan of reorganization and in
the preparation of information and analysis necessary for the
development of a plan and disclosure statement, and confirmation of
a plan in the chapter 11 proceeding; and

     p) perform other tasks as directed by the Board of Directors
and agreed to by CR3 Partners, including all tasks necessary to
facilitate the Company's restructuring, or in keeping with our
ethical responsibilities, in CR3 Partners' sole discretion.

The firm will be paid for these rates:

     Winston Mar             $1,295
     Suzanne Roski           $995
     Miles Staglik           $725
     Edwin Clark             $695
     Peter Lauser            $450
     Clara Goetsch           $450

     Partners                          $825 to $1,295
     Senior Directors and Directors    $650 to 795
     Managers and Senior Associates    $450 to $625

CR3 Partners does not hold any interest adverse to the Debtors'
estates, and is a "disinterested person" as defined by section 101
(14) of the Bankruptcy Code.

The firm can be reached through:

     Winston Mar
     CR3 Partners, LLC
     13355 Noel Road, Suite 2005
     Dallas, TX 75240
     Tel: (713) 702-7181
     Email: winston.mar@cr3partners.com

          About iLearningEngines Inc.

iLearningEngines Inc. offers an Artifical Intelligence platform
focused on automation of learning and enabling organizations to
drive mission critical outcomes at scale.

iLearningEngines filed Chapter 11 petition (Bankr. D. Del. Lead
Case No. 24-12826) on December 20, 2024. The Debtor reported total
assets of $148,848,000 and total debts of $141,036,000 as of
September 30, 2024.

Judge Laurie Selber Silverstein handles the case.

The Debtor is represented by Ian J. Bambrick, Esq., at Faegre
Drinker Biddle & Reath, LLP.


INFINERA CORP: Expects to Complete Merger With Nokia Unit in Q1
---------------------------------------------------------------
As previously disclosed, on June 27, 2024, Infinera Corporation
entered into an Agreement and Plan of Merger with Nokia Corporation
and Neptune of America Corporation. The Merger Agreement provides
that, on the terms and subject to the conditions set forth in the
Merger Agreement, Neptune will merge with and into Infinera, with
Infinera surviving the Merger and becoming a wholly owned
subsidiary, directly or indirectly, of Nokia.

The completion of the Merger is conditioned on, among other things,
the receipt of certain regulatory approvals.

During the fourth quarter of 2024, the parties received many of the
other outstanding required regulatory approvals for the Merger. As
of January 31, 2025 -- the date of the Current Report on Form 8-K,
regulatory approvals from the European Union and Taiwan, along with
certain other remaining customary closing conditions under the
Merger Agreement, are the major items outstanding to proceed to
closing. Nokia and Infinera currently expect the Merger to be
completed during the first quarter of 2025, subject to the
satisfaction of the remaining closing conditions specified in the
Merger Agreement.

                       About Infinera Corp.

Headquartered in Sunnyvale, Calif., Infinera Corp. --
www.infinera.com -- is a semiconductor manufacturer and global
supplier of networking solutions comprised of networking equipment,
optical semiconductors, software and services. The Company's
portfolio of solutions includes optical transport platforms,
converged packet-optical transport platforms, compact modular
platforms, optical line systems, coherent optical engines and
subsystems, a suite of automation software offerings, and support
and professional services. Leveraging its U.S.-based compound
semiconductor fabrication plant and in-house test and packaging
capabilities, the Company designs, develops and manufactures indium
phosphide-based photonic integrated circuits for use in its
vertically integrated, high-capacity optical communications
products.

Infinera reported a net loss of $25.21 million for the year ended
Dec. 30, 2023, compared to a net loss of $76.04 million for the
year ended Dec. 31, 2022. As of June 29, 2024, Infinera had $1.52
billion in total assets, $604.45 million in total current
liabilities, $660.42 million in long-term debt, $14.52 million in
long-term accrued warranty, $21.98 million in long-term deferred
revenue, $1.69 million in long-term deferred tax liability, $44.79
million in long-term operating lease liabilities, $39.38 million in
other long-term liabilities, and $131.59 million in total
stockholders' equity.

                           *     *     *

Egan-Jones Ratings Company, on September 18, 2024, maintained its
'CC' foreign currency and local currency senior unsecured ratings
on debt issued by Infinera Corporation.


INNOV8TIVE NUTRITION: Seeks Subchapter V Bankruptcy in Texas
------------------------------------------------------------
On February 1, 2025, Innov8tive Nutrition Inc. filed Chapter 11
protection in the U.S. Bankruptcy Court for the Eastern District
of Texas.

According to court filing, the Debtor reports between $100,000
and $500,000 in debt owed to 1 and 49 creditors. The petition
states funds will not be available to unsecured creditors.

           About Innov8tive Nutrition Inc.

Innov8tive Nutrition Inc. provides nutritional products and fosters
a supportive community.

Innov8tive Nutrition Inc. sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. E.D. Tex. Case No. 25-40277) on
February 1, 2025. In its petition, the Debtor reports estimated
assets and liabilities between $100,000 and $500,000 each.

Honorable Bankruptcy Judge Brenda T. Rhoades handles the case.

The Debtor is represented by Robert DeMarco, III, Esq., in Dallas,
Texas.


INNOVATIVE DESIGNS: Delays Annual Report for FY Ended Oct. 31
-------------------------------------------------------------
Innovative Designs, Inc. filed a Form 12b-25 with the Securities
and Exchange Commission disclosing that it is unable to file its
Annual Report on Form 10-K for the period ended October 31, 2024,
by the prescribed due date.

The company indicated that the report could not be filed without
unreasonable effort or expense. The company expects to file the
report on or before the fifteenth calendar day following the due
date. Additionally, the company reported a significant increase in
revenues from $347,763 for the fiscal year ended October 31, 2023,
to approximately $1,362,538 for the fiscal year ended October 31,
2024.

                        About Innovative Designs

Headquartered in Pittsburgh, Pennsylvania, Innovative Designs, Inc.
operates in two separate business segments: a house wrap for the
building construction industry and cold weather clothing.  Both of
the Company's segment lines use products made from Insultex, which
is a low-density polyethylene semi-crystalline, closed cell foam in
which the cells are totally evacuated, with buoyancy, scent block,
and thermal resistant properties.

Kennett Square, Pa.-based RW Group, LLC, the Company's auditor
since 2021, issued a "going concern" qualification in its report
dated Feb. 22, 2024, citing that the Company had net losses and
negative cash flows from operations for the years ended Oct. 31,
2023, and 2022 and an accumulated deficit at Oct. 31, 2023, and
2022. These factors raise substantial doubt about the Company's
ability to continue as a going concern for one year from the
issuance date of these financial statements.

Innovative Designs reported a net loss of $301,378 for the year
ended Oct. 31, 2023, compared to a net loss of $225,489 for the
year ended Oct. 31, 2022.  In addition, the Company has an
accumulated deficit of $10,636,957 at Oct. 31, 2023.


INNOVEREN SCIENTIFIC: Moves Executive Offices to Cincinnati, Ohio
-----------------------------------------------------------------
Innoveren Scientific, Inc. disclosed in a Form 8-K Report filed
with the U.S. Securities and Exchange Commission that on January
31, 2025, it changed its executive offices to 132 W Elder Street,
Suite 201, Cincinnati, Ohio 45202.

                    About Innoveren Scientific

Innoveren Scientific Inc. (formerly H-CYTE Inc.) --
http://www.InnoverenScientific.com-- is a life science and biotech
incubator company, focused on advancing new technologies in areas
of unmet need across multiple indications, with the ultimate goal
of improving patient lives. The company invests in and fosters
innovative technologies that are supported by a strong scientific
foundation, which have relatively short timelines and low costs to
achieve meaningful value inflection points.

Tampa, Florida-based Frazier & Deeter, LLC, the Company's auditor
since 2018, issued a "going concern" qualification in its report
dated May 10, 2023, citing that the Company has negative working
capital, has an accumulated deficit, has a history of significant
operating losses, and has a history of negative operating cash flow
that raise substantial doubt about its ability to continue as a
going concern.

The Company has not filed its Annual Report on Form 10-K for the
period ended Dec. 31, 2023, and its Quarterly Report on Form 10-Q
for the period ended June 30, 2024.


INVERSIONES ALFA: Case Summary & Four Unsecured Creditors
---------------------------------------------------------
Debtor: Inversiones Alfa V, C.A.
        16047 Collins Avenue, Unit 2303
        Sunny Isles Beach, FL 33160

Business Description: The Debtor owns a condominium unit,
                      specifically Unit 2303, located in the
                      Turnberry Ocean Colony South Tower in Sunny
                      Isles, Florida.  The Unit is valued at $4.1
                      million based on a purchase offer made in
                      February 2024.

Chapter 11 Petition Date: February 6, 2025

Court: United States Bankruptcy Court
       Southern District of Florida

Case No.: 25-11310

Judge: Hon. Laurel M Isicoff

Debtor's Counsel: Christian Somodevilla, Esq.
                  LSS LAW
                  2 S Biscayne Blvd., #2200
                  Miami, FL 33131
                  Tel: (305) 894-6163
                  E-mail: cs@lss.law

Total Assets: $7,763,329

Total Liabilities: $8,903,465

The petition was signed by Jose Gaspard Morell as authorized
director .

A full-text copy of the petition, which includes a list of the
Debtor's four unsecured creditors, is available for free on
PacerMonitor at:

https://www.pacermonitor.com/view/S2QS3XY/Inversiones_Alfa_V_CA__flsbke-25-11310__0001.0.pdf?mcid=tGE4TAMA


ISLANDS INTERNATIONAL: Unsecureds Will Get 100% of Claims in Plan
-----------------------------------------------------------------
Islands International Group, Inc., filed with the U.S. Bankruptcy
Court for the Middle District of Florida a Plan of Reorganization
for Small Business dated January 30, 2025.

The business of the Debtor is operating as a tenant on a lease with
the Titusville-Cocoa Airport Authority. The Debtor entered a lease
with the Authority in March of 2008 (the "Lease") for a large
hangar of approximately 254,000 sq. feet located at 900 Airport
Road, Merritt Island, Florida 32952 (the "Premises") at which a
fixed base operator could run a flight training business.

The Debtor's sister corporation, Airborne Systems, Inc., a Florida
corporation, operates a flight school at the Premises and pays rent
to Debtor of $18,500.00 per month. As a flight school, Airborne's
operations are highly regulated by the Federal Aviation
Administration (FAA) and the Department of Homeland Security (DHS).


In March 2024, the Authority, as landlord, filed a Complaint for
Eviction against Debtor, in the County Court in and for the Brevard
County, Florida, under the case number 05- 2024-CC-018418 (the
"Eviction Action") regarding the lease dated March 1, 2008 (the
"Lease") between the Authority and Debtor.

Despite being current on rent at the time of the trial (albeit
short a disputed amount of $85), the County Court, which is without
jurisdiction in eviction matters, recently entered a judgment on
August 6, 2024, terminating Debtor's right to possess the Premises
(the "Judgment"). Even more egregious, despite not having a count
in the Eviction Action to terminate the Lease, the Judgment
contained a statement that the "lease has been deemed terminated."
The issue of lease termination was not actually tried in the County
Court Action.

To protect the Debtor's business, creditors, and interest holders
Debtor determined that it was in the best interests of all parties
to reorganize through Chapter 11.

The Plan proposes to pay creditors from the Debtor's existing Cash
on hand on the Effective Date. Specifically, Holders of Allowed
Class 1 General Unsecured Claims will be paid 100% of their Allowed
Claims on the Effective Date.

Class 1 consists of all Allowed Unsecured Classes, non-insider
unsecured Debtor. The Debtor estimates the total amount of the
Allowed Class 1 General Unsecured Claims, excluding insiders, to be
approximately $10,000. In full satisfaction, each Holder of an
Allowed General Unsecured Claims shall be paid 100% of its Allowed
Claim on the Effective Date.

Class 2 consists of all equity and ownership interests currently
issued or authorized in the Debtor. On the Effective Date, all
existing interests in the Debtor shall continue in the Reorganized
Debtor in equal proportions of such equity interests as held as of
the Petition Date. No distributions will be made to equity security
holders until the distributions to Class 1 has been made. Class 2
is unimpaired.

The Plan contemplates that the Reorganized Debtor will continue to
operate and that its cash on hand will be sufficient to make all
Plan Payments. The Reorganized Debtor anticipates that post
Confirmation operations will generate sufficient revenue through
the payments made by its tenant, Airborne, to sustain operations.

A full-text copy of the Plan of Reorganization dated January 30,
2025 is available at https://urlcurt.com/u?l=FMsrYm from
PacerMonitor.com at no charge.

Attorneys for the Debtor:

     R. Scott Shuker, Esq.
     Lauren L. Stricker, Esq.
     SHUKER & DORRIS, P.A.
     121 S. Orange Avenue, Suite 1120
     Orlando, Florida 32801
     Tel: 407-337-2060

                   About Islands International Group

Islands International Group, Inc. operates as a tenant on a lease
with the Titusville-Cocoa Airport Authority.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. M.D. Fla. Case No. 24-05973) on Nov. 1,
2024, with $100,001 to $500,000 in assets and liabilities.

Judge Grace E. Robson presides over the case.

R. Scott Shuker, Esq. at SHUKER & DORRIS, P.A., is the Debtor's
legal counsel.


J&D CUSTOMS: Seeks to Hire Cummings and Carroll as Accountant
-------------------------------------------------------------
J&D Customs LLC seeks approval from the U.S. Bankruptcy Court for
the Eastern District of New York to hire Cummings and Carroll, PC
as accountants.

The firm will render these services:

     a. give the Debtor accounting advice and prepare tax returns;

     b. assist the Debtor in reducing its expenses and maximizing
its revenues;

     c. assist the Debtor in preparation of operating reports; and

     d. assist the Debtor in analyzing and objecting to claims.

The firm will be paid at these rates:

     Partners                    $490 per hour
     Accounting Staff    $300 to $350 per hour
     Staff               $100 to $250 per hour

As disclosed in the court filings, Cummings and Carroll does not
hold or represent any interest adverse to the Debtor or his estate
and is a disinterested person under Sec. 101 of the Bankruptcy
Code.

The firm can be reached through:

     Joseph Milazzo
     Cummings & Carroll P. C.
     175 Great Neck Rd Ste 405
     Great Neck, NY 11021
     Phone: (516) 482-3260

         About J&D Customs LLC

J&D Customs LLC sought protection for relief under Chapter 11 of
the Bankruptcy Code (Bankr. E.D.N.Y. Case No. 24-74605) on Dec. 4,
2024.

Judge Robert E Grossman presides over the case.

Marc A Pergament, Esq. at Weinberg, Gross, & Pergament, LLP
represents the Debtor as counsel.


JACKSON HOSPITAL: Secures DIP Loan to Stay Open During Bankruptcy
-----------------------------------------------------------------
Jackson Healthcare(R), one of the nation's premier providers of
healthcare workforce services, announced on February 06, 2025, that
its parent company, Jackson Investment Group, will provide a debtor
in possession (DIP) loan to Jackson Hospital & Clinic, enabling it
to remain open to serve the Montgomery, Alabama community as it
undergoes Chapter 11 bankruptcy and reorganization proceedings.

While Jackson Healthcare, Jackson Investment Group, and Jackson
Hospital & Clinic all share "Jackson" in their names, Jackson
Hospital & Clinic is under separate ownership and operations.

As Jackson Hospital & Clinic has faced the threat of closure,
Jackson Investment Group came forward with financing relief in the
form of a DIP loan. Under Jackson Hospital & Clinic's bankruptcy
action, it will reorganize operations and implement a financial
restructuring through a court-supervised proceeding, while
continuing to provide uninterrupted access to health care services
and the world-class patient care for which it has been known for
nearly 80 years.

"Providing Jackson Hospital & Clinic with timely support in the
form of an interim loan as it goes through bankruptcy and
restructuring was just the right thing to do," explained Shane
Jackson, president of Jackson Healthcare. "As a long-standing
client of ours, we know the critical work it performs. The people
of Montgomery and the surrounding areas count on and respect this
wonderful institution among the other excellent healthcare
providers in the community. Helping ensure current and future
patients continue to have access to care is vital -- as is
providing support during this transitional period to help Jackson
Hospital & Clinic emerge even stronger on the other side."

                  About Jackson Hospital

Jackson Hospital ranks among the largest hospitals in Alabama and
is widely recognized for providing excellence in care, including
cardiac, cancer, neurosciences, orthopedics and women's care, as
well as 24-hour emergency care in Montgomery and the Alabama River
Region. It remains focused on delivering superior,
patient-centered, cost-effective care in a safe, compassionate
environment.

                  About Jackson Healthcare

Jackson Healthcare(R) is one of the nation's premier providers of
healthcare workforce services and the parent company of more than
20 businesses that share a common mission: to improve the delivery
of patient care and the lives of everyone it touches. Powered by
expert associates and tens of thousands of clinician providers, it
delivers quality care when and where it's needed in communities
across the country -- helping thousands of health systems,
hospitals and medical facilities serve over 20 million patients a
year. Jackson Healthcare -- which marks its 25(th) anniversary in
2025 -- is Great Place To Work(R) Certified(TM) and appears on the
latest Forbes list of America's Top Private Companies; Fortune
lists of the 100 Best Companies to Work For(R) and Best Workplaces
in Health Care(TM) ; and PEOPLE(R) list of Companies that Care.
Learn more at JacksonHealthcare.com.


JASMINE R. ELMORE: Unsecureds Will Get 7% of Claims over 36 Months
------------------------------------------------------------------
Jasmine R. Elmore, DDS PLLC filed with the U.S. Bankruptcy Court
for the Eastern District of North Carolina a Disclosure Statement
describing Chapter 11 Plan dated January 31, 2025.

The Debtor is a North Carolina professional limited liability
company owed solely by Dr. Jasmine R. Elmore.

Dr. Elmore purchased the practice in 2017 and has operated since
that year in its business premises located at 2401 Wooten Boulevard
SW, Suite F in Wilson, North Carolina. The Debtor provides general
dental services and its clientele is typically low-income families
and individuals in the Wilson are.

The Debtor filed this case in an attempt to cram down its secured
loans and to pay a reasonable dividend to unsecured creditors and
fund those payments from the ongoing profitable operations of its
dental practice, based on revenues that can be sustained providing
services to its current client base.

Class 3 consists of General Unsecured Claims. The Debtor believes
that Allowed General Unsecured Claims total $910,886.00, including
the bifurcated amount of secured claims, but not including the
unsecured debts owed to insiders, which will be subordinated to all
other claims. This Class is impaired.

The Debtor proposes to satisfy this class by paying a total of
$60,000.00. This amount will pay Allowed General Unsecured Claims
approximately 7% of each claim. Said payments shall be made in
equal quarterly installments of $5,000.00, over three years, on a
pro rata basis, with the first quarterly installment due on April
1, 2025 and the final quarterly installment due on January 1,
2028.

Class 4 consists of Dr. Jasmine R. Elmore's membership interest in
the Estate. Title to and ownership of all property of the estate
will vest in the Debtor upon confirmation of the Plan, subject to
all valid liens of Secured Creditors under the confirmed plan.
Liens of bifurcated claims will be valid only to the extent of the
Allowed Secured Amount of the Claim.

To the extent that Class 3 does not accept the Plan, Dr. Jasmine R.
Elmore will offer $3,000.00 of New Value for the purchase of her
equity interests in the estate. In the event that any party desires
to offer an amount in excess of $3,000.00 for the purchase of said
equity interest, they must do so in writing to Debtor's counsel no
later than the court-established deadline for balloting on this
Plan.

The Debtor expects to receive average gross monthly receipts in the
amount of $84,500.00 for the next several months. The Debtor
expects revenues to increase over time, such that it will always
generate at least as much net revenue to fund this Plan as when the
Plan is filed.

A full-text copy of the Disclosure Statement dated January 31, 2025
is available at https://urlcurt.com/u?l=nMCF7y from
PacerMonitor.com at no charge.

     About Jasmine R. Elmore, DDS, PLLC

Jasmine R. Elmore, DDS, PLLC owns and operates Wilson Pediatric
Dentistry, a pediatric dental practice located near Greenville, NC.
The practice offers a wide range of services focused on promoting
the healthy growth and development of children's teeth. With an
emphasis on preventative care, the Debtor provides treatments that
support optimal dental health for young patients.

Jasmine R. Elmore, DDS, PLLC sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. E.D.N.C. Case No. 25-00123) on January
13, 2025. In its petition, the Debtor reports total assets of
$68,777 and total liabilities of $1,493,926.

Honorable Bankruptcy Judge Joseph N. Callaway handles the case.

The Debtor is represented by:

  Danny Bradford
  Paul D. Bradford, PLLC
  Tel: 919-758-8879
  Email: dbradford@bradford-law.com


JJ BADA: Seeks Subchapter V Bankruptcy in New Jersey
----------------------------------------------------
On February 1, 2025, JJ Bada 464 Operating Corp. filed Chapter 11
protection in the U.S. Bankruptcy Court for 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.

           About JJ Bada 464 Operating Corp.

JJ Bada 464 Operating Corp. sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. D.N.J. Case No. 25-11078) on February
1, 2025. In its petition, the Debtor reports estimated assets and
liabilities between $500,000 and $1 million each.

Honorable Bankruptcy Judge Stacey L. Meisel handles the case.

The Debtor is represented by Rosemarie E. Matera, Esq., at Kirby
Aisner & Curley LLP, in Scarsdale, New York.


JMKA LLC: Hires Ben Schneider as General Bankruptcy Counsel
-----------------------------------------------------------
JMKA, LLC seeks approval from the U.S. Bankruptcy Court for the
Northern District of Illinois to employ Schneider & Stone as
general bankruptcy counsel.

The firm will advise the Debtor of its duties under the Bankruptcy
Code and will provide other legal services in connection with its
Chapter 11 case.

The firm will be paid at these rates:

     Attorneys         $450 per hour
     Paralegal         $175 per hour

The firm was paid an initial advanced retainer fee in the amount of
$15,000.

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

Ben Schneider, Esq., a partner at Schneider & Stone 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:

     Ben Schneider, Esq.
     Schneider & Stone
     8424 Skokie Blvd., Suite 200
     Skokie, IL 60077
     Telephone: (847) 933-0300
     Email: ben@windycitylawgroup.com

              About JMKA LLC

JMKA, LLC is a boutique childcare center in downtown Elmhurst, Ill.
It operates as Elmhurst Premier Childcare.

JMKA filed Chapter 11 petition (Bankr.  N.D. Ill. Case No.
25-00036) on January 3, 2025, with up to $50,000 in assets and up
to $10 million in liabilities.

Judge David D. Cleary oversees the case.

The Debtor is represented by Ben L. Schneider, Esq., at The Law
Offices of Schneider & Stone.


JOE'S AUTO: Amends Plan to Include Financial Pacific Secured Claim
------------------------------------------------------------------
Joe's Auto Service, Inc., submitted a Second Amended Small Business
Chapter 11 Plan dated January 30, 2025.

All Claims arising from the past or present debt of the Debtor
shall be bound by the provisions of this Plan. This Plan combines
the classification, allowance, and treatment of Claims.

Class 5 consists of the secured claims of Financial Pacific
Leasing, Inc. Financial Pacific shall have an Allowed Secured Claim
of $40,000.00 as of the Effective Date. The Allowed Secured Claim
shall be collateralized by the Server. The underlying documents of
Financial Pacific supporting the Allowed Secured Claim shall be
incorporated herein except as specifically modified by the Plan.

The Allowed Secured Claim of Financial Pacific shall be payable
over five years with interest at six percent per annum resulting in
monthly payments of $773.31 per month commencing the 15th day of
the month following Confirmation, and continuing monthly until all
principal and interest due has been paid. The claim of Financial
Pacific is impaired, and Financial is entitled to vote on this
Plan.

Like in the prior iteration of the Plan, the General Unsecured
Claims shall receive an annual pro rata distribution of the
projected disposable income, which amount shall be deemed to be
$7,500.00 per year of the Debtor commencing on the first day of the
second month of the one-year anniversary date of the Effective Date
for a three-year term. The Debtor shall be entitled to retain up to
$70,000.00 as operating capital before calculating the disposable
income to be paid to the unsecured creditors.

The source of funds used in this Plan for payments to creditors
shall be from the business operations of the Debtor. In addition,
Waterpoint Capital LLC shall actively seek to sell the real estate
with a lease back option for Joe's Auto to assist with cash flow.

The Debtor believes that the Debtor will have enough cash on hand
on the Effective Date of the Plan to pay all the Claims and
expenses that are entitled to be paid on that date.

A full-text copy of the Second Amended Plan dated January 30, 2025
is available at https://urlcurt.com/u?l=JRiq78 from
PacerMonitor.com at no charge.

Attorneys for the Debtor:

     David R. Krebs, Esq.
     Hester Baker Krebs LLC
     One Indiana Square, Suite 1330
     Indianapolis, IN 46204
     Tel: (317) 833-3030;
     Fax: (317) 833-3031
     Email: dkrebs@hbkfirm.com

                     About Joe's Auto Service

Joe's Auto Service, Inc., formerly known as Big O Tires,
specializes in brake repairs, diagnostic procedures, and tackling
automotive issues from battery problems. The company is based in
Noblesville, Ind.

Joe's Auto Service filed a petition under Chapter 11, Subchapter V
of the Bankruptcy Code (Bankr. S.D. Ind. Case No. 24-04264) on Aug.
9, 2024, with $500,000 to $1 million in assets and $1 million to
$10 million in liabilities.  Joe Peil, president, signed the
petition.

Judge Jeffrey J. Graham presides over the case.

David Krebs, Esq., at Hester Baker Krebs, LLC, is the Debtor's
legal counsel.


JOSROD1 INC: Seeks Chapter 11 Bankruptcy in Florida
---------------------------------------------------
On January 31, 2025, JOSROD1 Inc. filed Chapter 11 protection in
the U.S. Bankruptcy Court for 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.

           About JOSROD1 Inc.

JOSROD1 Inc. is a real estate company, based at 2101 NE 55 Court.

JOSROD1 Inc. sought relief under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. S.D. Fla. Case No. 25-11105) on January 31, 2025. In
its petition, the Debtor reports estimated assets and liabilities
between $1 million and $10 million each.


KAL FREIGHT: Trailer Manufacturers Sue for Theft, Fraud
-------------------------------------------------------
Randi Love of Bloomberg Law reports that Kal Freight Inc. is
accused of double-pledging its trucks and trailers as collateral
and failing to pay over $24 million in invoices owed to two trailer
manufacturers. The bankrupt trucking company is also alleged to
have improperly obtained California titles.

On February 6, Vanguard National Trailer Corp. and CIMC Reefer
Trailer Inc. filed a lawsuit in the U.S. Bankruptcy Court for the
Southern District of Texas against Kal Freight and Kal Trailers &
Leasing Inc., citing breach of contract, conversion, theft under
California law, and fraud, according to the report.  The lawsuit
also seeks damages from the companies' owner, Kalvinder Singh, for
aiding and abetting, according to Bloomberg Law.

Kal Freight Inc., which has been accused of double-pledging its
trucks and trailers as collateral, is accused of having more than
$24 million in unpaid invoices by two trailer manufacturers who
also say the bankrupt trucking firm wrongfully obtained California
titles, the report states.

Vanguard National Trailer Corp. and CIMC Reefer Trailer Inc. sued
Kal Freight and Kal Trailers & Leasing Inc. on Thursday in the US
Bankruptcy Court for the Southern District of Texas for breach of
contract, conversion, theft under California law, and fraud. The
manufacturers also seek damages from the companies' owner,
Kalvinder Singh, for aiding and abetting, according to report.

                 About Kal Freight

Established in 2014, Kal Freight Inc. is a trucking company that
offers a complete range of transportation and logistics services to
diverse industries across the United States. It has strategic
locations across the United States with extended distribution
warehouses and terminals in Fontana, Calif., Texas, New Jersey,
Indiana, Tennessee, Georgia, Arizona and Arkansas.

Kal Freight and its affiliates filed Chapter 11 petitions (Bankr.
S.D. Tex. Case No. 24-90614) on December 5, 2024, with $100 million
to $500 million in both assets and liabilities.

Judge Christopher M. Lopez oversees the case.

The Debtors tapped Pachulski Stang Ziehl & Jones, LLP as legal
counsel; Development Specialists, Inc. as interim management
services provider; and Benesch, Friedlander, Coplan & Aronoff LLP
as special transportation counsel. Stretto, Inc. is the Debtors'
claims and noticing agent.


KB HOME: Egan-Jones Retains BB Senior Unsecured Ratings
-------------------------------------------------------
Egan-Jones Ratings Company on January 3, 2025, maintained its 'BB'
foreign currency and local currency senior unsecured ratings on
debt issued by KB Home. EJR also withdrew the rating on commercial
paper issued by the Company.

Headquartered in Los Angeles, California, KB Home builds
single-family homes in the United States, primarily targeting
first-time and first move-up homebuyers.


KINGDOM EXPRESS: Unsecureds Will Get 50% of Claims over 84 Months
-----------------------------------------------------------------
Kingdom Express LLC ("KE") filed with the U.S. Bankruptcy Court for
the Western District of Texas an Original Disclosure Statement
describing Original Plan of Reorganization dated January 31, 2025.

KE is an over the road transportation company servicing clients in
all 48 states for the past 10 years with a current fleet of 7
trucks and 5 trailers. It is managed by its two principals, Moises
Vasquez and Gabriel Moreno.

KE ran into financial difficulties from the usual suspects in the
transportation industry; i). fluctuating diesel prices; ii).
reduced rates paid by customers; iii). unexpected maintenance and
repair costs; and iv). increasing insurance rates. This resulted in
KE falling behind on its secured debt to equipment lenders such as
BMO Bank, Ally Financial, Daimler, and others. Attempting to get
current on secured debt, and occurring federal tax liabilities, it
obtained loans from accounts receivable purchasers and the Small
Business Administration.

The Plan simply seeks to restructure its priority and secured
liabilities and provide a meaningful distribution to general
unsecured creditors of 50% of allowed claims. To aid in the
reorganization, Messrs. Moreno and Vasquez have agreed to forego
their salaries from KE for the duration of the repayment period to
general unsecured creditors (84 months). The Plan's funding will
come from future revenues.

Operationally, KE has continued postpetition in the same manner it
did prepetition by continuing to provide transportation services.

To enhance the feasibility of its reorganization, KE has
surrendered a total of eight trucks and ten trailers to secured
equipment financing lenders; leaving KE with a current fleet of
seven trucks and five trailers.

Class 7 consists of General Unsecured Claims. Based on Proofs of
Claim filed to date and its Schedules, KE estimates that the total
of the General Unsecured Claims is at least $150,010.36. KE is
awaiting potential Deficiency Claims from the equipment surrendered
during the case.

Class 7 shall be paid 50% of the total General Unsecured Claims on
a pro-rata basis over 84 months with interest at 5.00%. Monthly
payments in the total amount of $2,137.90 (including interest) will
be made beginning on the Effective Date with like payments to be on
the 15th day of each succeeding month. All payments will be shared
pro-rata amongst the Class 7 creditors. KE will be the disbursing
agent for Class 7.

Class 8 consists of Equity Interest Holders. KE's only equity
holders are Gabriel Moreno and Moises Vasquez. They will retain
their stock ownership in KE. Moreno and Vasquez have agreed to
forego their salaries from KE commencing January 1, 2025 to
contribute to the Plan's feasibility.

This waiver of their salaries will be for the duration of the
Plan's term for paying General Unsecured Creditors, eighty-four
months. They estimate that this will contribute a total of $896,000
towards the reorganization (based on each receiving an annual
salary of $56,000 x 2 x 8 years). They further believe that these
efforts constitute "new value" for purposes of satisfying the
Absolute Priority Rule.

KE will distribute all Plan payments from revenue received from its
business operations.

A full-text copy of the Original Disclosure Statement dated January
31, 2025 is available at https://urlcurt.com/u?l=tRL7TS from
PacerMonitor.com at no charge.

Counsel to the Debtor:

     Carlos A. Miranda, Esq.
     Carlos G. Maldonado, Esq.
     MIRANDA & MALDONADO, PC
     5915 Silver Springs, Bldg. 7
     El Paso, TX 79912
     Tel: (915) 587-5000
     Fax: (915) 587-5001
     Email: cmiranda@eptxlawyers.com
            cmaldonado@eptxlawyers.com

                     About Kingdom Express LLC

The Debtor provides dedicated transportation services.

Kingdom Express, LLC in El Paso TX, filed its voluntary petition
for Chapter 11 protection (Bankr. W.D. Tex. Case No. 24-30051) on
Jan. 19, 2024, listing as much as $1 million to $10 million in both
assets and liabilities.  Moises Vasquez as vice-president, signed
the petition.

MIRANDA & MALDONADO, PC, serves as the Debtor's legal counsel.


LECLAIRRYAN PLLC: Co-Founder Wins Tax Liability Case Appeal
-----------------------------------------------------------
Alex Wolf of Bloomberg Law reports that LeClairRyan PLLC's
co-founder won a federal appeals court ruling to have his name
removed from the list of equity holders responsible for the firm's
tax liabilities.

The U.S. Court of Appeals for the Fourth Circuit ruled February 7
that a Virginia bankruptcy court and a federal district court
misinterpreted LeClairRyan's operating agreement and wrongly
concluded that Gary LeClair could not withdraw his membership after
the firm's dissolution began in July 2019, according to the
report.

                   About LeClairRyan PLLC

Founded in 1988, LeClairRyan PLLC is a national law firm with 385
attorneys, including 160 shareholders, at its peak. The firm
represented thousands of clients, including individuals and local,
regional, and global businesses.

Following massive defections by its attorneys LeClairRyan, members
of the firm in July 2019 voted to effect a wind-down of the
Debtor's operations.

LeClairRyan PLLC sought Chapter 11 protection (Bankr. E.D. Va. Case
No. 19-bk-34574) on Sept. 3, 2019, to effect the wind-down of its
affairs.

In its Chapter 11 petition, the firm listed a range of 200-999
creditors owed between $10 million and $50 million. The firm claims
assets of $10 million to $50 million.

The Hon. Kevin R Huennekens is the case judge.

Richmond attorneys Tyler Brown and Jason Harbour of Hunton Andrews
Kurth represented LeClairRyan in the case.  

Protiviti was the Debtor's financial adviser for the liquidation.

The bankruptcy case was converted to a Chapter 7 liquidation on
Oct. 24, 20219. Lynn L. Tavenner was named a Chapter 7 trustee,and
then Benjamin C. Ackerly, a successor trustee.

Benjamin C. Ackerly retained Tyler P. Brown, Hunton Andrews Kurth
LLP, as counsel for Chapter 7 trustee.


LI-CYCLE HOLDINGS: Amends Note Purchase Agreement, Glencore Notes
-----------------------------------------------------------------
Li-Cycle Holdings Corp. disclosed in a Form 8-K Report filed with
the U.S. Securities and Exchange Commission that in accordance with
the Glencore Consent and Waiver Agreement entered into on January
14, 2025 by and between the Company and Glencore Canada
Corporation, as previously disclosed in the Company's Current
Report on Form 8-K filed with the Securities and Exchange
Commission, on January 31, 2025, the Company amended and restated
the senior secured convertible note issued and sold to Glencore on
March 25, 2024, the first amended and restated existing unsecured
convertible note originally issued to Glencore Ltd. on May 31, 2022
and the second amended and restated existing unsecured convertible
note originally issued to Glencore Ltd. on May 31, 2022 ("Glencore
Notes").

The Company also entered into an Amendment No. 1 to the Amended and
Restated Note Purchase Agreement dated March 25, 2024 by and among
the Company, Glencore and Glencore Ltd. (the "NPA Amendment").

Among other things, the amendments to the Glencore Notes and the
NPA Amendment:

     * Entitle the holders of the Glencore Notes (and any holders
of warrants issued in accordance with the Glencore Notes) to
equivalent pro rata distributions made to common shareholders;

     * Entitle any holders of warrants issued in accordance with
the Glencore Notes to have the Company repurchase their warrants
for cash upon a change of control, at the holder's election, based
on a Black-Scholes lite valuation;

     * Entitle holders of Glencore Notes (and any holders of
warrants issued in accordance with the Glencore Notes) to an
economic anti-dilution adjustment, in addition to modification of
the conversion or exchange price, as applicable, in the event of a
reverse stock split or similar share combination;

     * Add provisions to the Glencore Notes (and the warrants
issued in accordance with the Glencore Notes) that specify
conversion or exchange price adjustments, as applicable, in
connection with the future issuance by the Company of additional
common shares of the Company (the "Common Shares") or instruments
exchangeable or convertible into Common Shares;

     * Add provisions to the Glencore Notes (and the warrants
issued in accordance with the Glencore Notes) that provide for
compensation in the event that the Company fails to timely deliver
Common Shares upon conversion of the Glencore Notes or exercise of
the related warrants, as applicable; and

     * Remove contractual transfer restrictions on the warrants
issued in accordance with the Glencore Notes and the Common Shares
underlying such warrants.

                   About Li-Cycle Holdings Corp.

Li-Cycle Holdings Corp. is a Canada-based global lithium-ion
battery resource recovery company and pure-play lithium-ion battery
recycler.

Vaughan, Canada-based KPMG LLP, the Company's former auditor,
issued a "going concern" qualification in its report dated March
15, 2024, citing that the Company has suffered recurring losses
from operations since inception, continued cash outflows from
operating activities and paused its construction of the Rochester
Hub project, that raise substantial doubt about its ability to
continue as a going concern.

Li-Cycle reported a net loss of $138 million for the year ended
December 31, 2023, compared to net loss of $70.8 million for the
year ended December 31, 2022. As of June 30, 2024, Li-Cycle had
US$899.9 million in total assets, US$664.2 million in total
liabilities, and US$235.7 million in total equity.


LIBERATED BRANDS: Feb. 11 Deadline Set for Panel Questionnaires
---------------------------------------------------------------
The United States Trustee is soliciting members for committee of
unsecured creditors in the bankruptcy cases of Liberated Brands
LLC, et al.

If a party wishes to be considered for membership on any official
committee that is appointed, it must complete a questionnaire
available at https://tinyurl.com/5e693aaf and return by email it to
Linda Casey, Esq. -- linda.casey@usdoj.gov -- at the Office of the
United States Trustee so that it is received no later than Feb. 11,
2025 at 4:00 p.m.

If the U.S. Trustee receives sufficient creditor interest in the
solicitation, it may schedule a meeting or telephone conference for
the purpose of forming a committee.

                About Liberated Brands

Liberated is in the sport, outdoor, and lifestyle apparel industry.
Liberated offers its customers access to products under
high-quality brands such as Volcom, Billabong, Quiksilver, Spyder,
RVCA, Roxy, and Honolua, in its 124 retail locations across the
United States and through other channels. As an omnichannel apparel
licensee with deep-rooted and unique expertise in trend
forecasting and brand development, Liberated has attracted loyal
customers in more than 100 countries. Liberated operates regional
headquarters in North America, Europe, Japan, and Australia.

On Feb. 2, 2025, Liberated Brands LLC and eight affiliated debtors
filed voluntary petitions for relief under Chapter 11 of the United
States Bankruptcy Code (Bankr. D. Del. Lead Case No. 25-10168). The
cases are pending before Honorable Judge J. Kate Stickles.

Liberated has tapped Kirkland & Ellis, LLP and Klehr Harrison
Branzburg LLP to facilitate the Chapter 11 restructuring process.
AlixPartners LLC is the Debtors' financial advisor.  Stretto is the
claims agent.

JP Morgan has retained Morgan, Lewis & Bockius LLP and Berkeley
Research Group, LLC.


LIGADO NETWORKS: Gets Final Approval for $115MM Ch. 11 Financing
----------------------------------------------------------------
Rick Archer of Law360 Bankruptcy Authority reports that a Delaware
bankruptcy judge has granted Ligado Networks LLC approval to secure
up to $115 million in new Chapter 11 financing.

                  About Ligado Networks

Ligado Networks, formerly LightSquared, provides mobile satellite
services. The Company's satellite and terrestrial solutions,
combined with powerful, lower mid-band spectrum, serve to
supplement and broaden mobile coverage across the United States and
Canada. On the Web: http://www.ligado.com/    

On January 5, 2025, Ligado Networks LLC and certain of its
affiliates each filed a voluntary petition for relief under Chapter
11 of the United States Bankruptcy Code (Bankr. D. Del. Lead Case
No. 25-10006).

Perella Weinberg Partners LP is serving as investment banker to
Ligado, FTI Consulting, Inc. is serving as financial advisor,
Milbank LLP is serving as legal counsel, and Richards, Layton &
Finger P.A. is serving as co-counsel. Omni Agent Solutions LLC is
the claims agent.

An ad hoc group of first lien creditors is being advised by
Guggenheim Securities, LLC as financial advisor, and by Sidley
Austin LLP as counsel. An ad hoc group of crossholding creditors is
being advised by Kirkland & Ellis LLP.


LILLY INDUSTRIES: Seeks Subchapter V Bankruptcy in California
-------------------------------------------------------------
On February 3, 2025, Lilly Industries Inc. filed Chapter 11
protection in the U.S. Bankruptcy Court for the Central District
of California.

According to court filing, the Debtor reports $2,583,516 in
debt owed to 1 and 49 creditors. The petition states funds will be
available to unsecured creditors.

           About Lilly Industries Inc.

Lilly Industries Inc., doing business as The Slab Studio, LM,

Lilly Industries Inc. sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. C.D. Cal. Case No. 25-10301) on February
3, 2025. In its petition, the Debtor reports total assets of
$698,536 and total liabilities of $2,583,516.

Honorable Bankruptcy Judge Theodor Albert handles the case.

The Debtor is represented by:

     Brian Rothschild, Esq.
     PARSONS BEHLE & LATIMER
     201 South Main Street, Suite 1800
     Salt Lake City, UT 84111
     Tel: 801-532-1234
     E-mail: BRothschild@parsonsbehle.com


LIMITED SERVICES: Egan-Jones Retains BB Senior Unsecured Ratings
----------------------------------------------------------------
Egan-Jones Ratings Company on January 10, 2025, maintained its 'BB'
foreign currency and local currency senior unsecured ratings on
debt issued by Limited Services Corporation. EJR also withdrew the
rating on commercial paper issued by the Company.

Headquartered in Columbus, Ohio, Limited Services Corporation
includes operating nonresidential buildings.


LISBON CONCRETE: Taps Country Boys Auction & Realty as Auctioneer
-----------------------------------------------------------------
Lisbon Concrete Corporation seeks approval from the U.S. Bankruptcy
Court for the Eastern District of North Carolina to employ Country
Boys Auction & Realty, Inc. as auctioneer.

The firm's services include:

     a. preparing and conducting an inventory of the property to be
sold and reporting the results to the Debtor;

     b. advising the Debtor of the security of the location of the
assets and of any need for special handling, including securing and
changing of locks as needed;

     c. assisting the Debtor in establishing a location for the
sale and any pre-sale storage;

     d. assembling assets to be sold, including cleaning, tagging,
sorting, and grouping and set up of assets to be sold;

     e. providing and posting of signs;

     f. creating and distributing of sale brochures, including any
postage expenses;

     g. providing all advertising text;

     h. providing for a registrar/cashier at sale;

     i. registering bidders by name, address, and bidder number

     j. conducting sale and collection of auction proceeds, and
providing for security and site restoration;

     k. providing the Debtor with a sale report, including bid
sheets of items sold, a copy of bidder registration, and accounting
of receipts, a written copy of all pre-sale announcements, and
copies of all ads and brochures used with the sale; and

     l. providing other liquidation services for the Debtor as may
be necessary for an orderly and complete liquidation;

The firm will be paid at these rates:

   -- If real property, the firm will be paid 10 percent of the
first $25,000. 6 percent on the remaining balance.

   -- If personal property, 20 percent on first $20,000. 10 percent
on the next $50,000, and 8 percent of the remaining balance.

Mike Gurkins, a partner at Country Boys Auction & Realty, 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:

     Mike Gurkins
     Country Boys Auction & Realty, Inc.
     1211 West Fifth Street
     Washington, NC 27889
     Tel: (252) 946-6007

              About Lisbon Concrete Corporation

Lisbon Concrete Corporation, filed a Chapter 11 bankruptcy petition
(Bankr. E.D.N.C. Case No. 25-00173) on Jan. 16, 2025, disclosing
under $1 million in both assets and liabilities

Judge Pamela W Mcafee presides over the case.

The Debtor is represented by PAUL D. BRADFORD, PLLC.


MACON ARTS: Seeks Chapter 11 Bankruptcy in Georgia
--------------------------------------------------
On February 3, 2025, Macon Arts Center LLC filed Chapter 11
protection in the U.S. Bankruptcy Court for the Middle District of
Georgia.

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 Macon Arts Center LLC

Macon Arts Center LLC, also known as The Mac, is a dynamic live
entertainment venue offering a wide range of experiences. Spanning
9.52 acres with over 30,000 square feet of operational space, it
hosts a variety of events, including indoor and outdoor live
concerts, corporate gatherings, film productions, private parties,
theatrical performances, and much more.

Macon Arts Center LLCsought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. M.D. Ga. Case No. 25-50167) on February 3,
2025. In its petition, the Debtor reports estimated assets and
liabilities between $1 million and $10 million each.

The Debtor is represented by:

     Christopher W. Terry, Esq.
     BOYER TERRY LLC
     348 Cotton Avenue, Suite 200
     Macon, GA 31201
     Tel: (478) 742-6481
     Fax: (770) 200-9230
     E-mail: Chris@boyerterry.com


MAGNOLIA SENIOR LIVING: No Decline in Resident Care, PCO Says
-------------------------------------------------------------
Melanie McNeil, the court-appointed patient care ombudsman, filed
with the U.S. Bankruptcy Court for the Northern District of Georgia
her fifth and final report regarding the quality of patient care
provided at Magnolia Senior Living, LLC's long-term care facility.


The Ombudsman Representative (OR) for the Office of the State
Long-Term Care Ombudsman (OSLTCO) visited the facility on January
13. The resident census was 48. The OR visited with 30 residents,
administrator, direct care, dietary, and maintenance staff. No
complaints were made.

The OR did not see any family during the visit. Residents did not
voice any concerns. Residents appeared clean and dry. The facility
appeared to have adequate supplies. The OR noted no decline in
resident care.

The PCO concluded that she is not aware of any significant change
in facility conditions or decline in resident care for this
personal care home since the appointment.

A copy of the ombudsman report is available for free at
https://urlcurt.com/u?l=2gUhat from PacerMonitor.com.

The ombudsman may be reached at:

     Melanie S. McNeil
     State Long-Term Care Ombudsman
     Office of the State Long-Term Care Ombudsman Division
     of Aging Services, Department of Human Services
     47 Trinity Avenue, S.W., Room 1136
     Atlanta, GA 30334
     Tel: (404) 416-0211

                   About Magnolia Senior Living

Magnolia Senior Living, LLC is a Georgia limited liability company
which owns and operates an assisted living facility in Loganville,
GA.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D. Ga. Case No. 24-52830) on March 19,
2024, with $1 million to $10 million in both assets and
liabilities. Zhicong Chen, authorized agent, signed the petition.

Judge Wendy L. Hagenau presides over the case.

Cameron M. McCord, Esq., at Jones & Walden, LLC represents the
Debtor as legal counsel.

Melanie S. McNeil was appointed as patient care ombudsman in the
Debtor's case.


MAGNOLIA SENIOR: No Decline in Resident Care, Final PCO Report Says
-------------------------------------------------------------------
Melanie McNeil, the court-appointed patient care ombudsman, filed
with the U.S. Bankruptcy Court for the Northern District of Georgia
her fifth and final report regarding the quality of patient care
provided at Magnolia Senior Living @SugarHill LLC's long-term care
facility.

The Ombudsman Representative (OR) for the Office of the State
Long-Term Care Ombudsman (OSLTCO), visited the facility with the e
administrator, direct care, and activities staff on January 14. The
resident census was 56. Four complaints were made and addressed by
the OR. The OR noted no decline in resident care.

The PCO concluded that she is not aware of any significant change
in facility conditions or decline in resident care for this
personal care home since the appointment.

A copy of the ombudsman report is available for free at
https://urlcurt.com/u?l=jIwR8r from PacerMonitor.com.

The ombudsman may be reached at:

     Melanie S. McNeil
     State Long-Term Care Ombudsman
     Office of the State Long-Term Care Ombudsman Division
     of Aging Services, Department of Human Services
     47 Trinity Avenue, S.W., Room 1136
     Atlanta, GA 30334
     Tel: (404) 416-0211

              About Magnolia Senior Living @SugarHill

Magnolia Senior Living @SugarHill, LLC is a Georgia limited
liability company, which owns and operates an assisted living
facility in Sugar Hill, Ga.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D. Ga. Case No. 24-52814) on March 18,
2024, with up to $50,000 in assets and up to $10 million in
liabilities. Zhicong Chen, authorized agent, signed the petition.

Judge Sage M. Sigler oversees the case.

Cameron M. McCord, Esq., at Jones & Walden, LLC represents the
Debtor as legal counsel.

Melanie S. McNeil was appointed as patient care ombudsman in the
Debtor's case.


MANNING LAND: Supplier Seeks to Prohibit Cash Collateral Access
---------------------------------------------------------------
Producers Livestock Marketing Association, the largest cattle
supplier to Manning Land Company and affiliates, asked the U.S.
Bankruptcy Court for the Central District of California, Los
Angeles Division, for entry of an order prohibiting the companies
from using cash collateral and for adequate protection.

Producers holds a valid, perfected security interest in rents,
accounts, and general intangibles, among other things, as evidenced
by the loan documents and UCC-1 financing statements attached to
its proofs of claim.

Producers granted consensual cash collateral use pursuant to an
agreement, under certain terms and conditions. However, the
companies breached those terms and conditions. Accordingly,
Producers terminated consensual cash collateral use by letter dated
December 19, 2024. But now, upon review of the companies' MORs, it
is clear that they are continuing to use Producers' cash collateral
without consent or a court order.

Producers assert that the companies must be sanctioned for their
unauthorized use of cash collateral.

Producers sought an order that:

     1. The companies are barred from making any further payments
to insiders;
     2. The companies must immediately segregate and provide
Producers with a full accounting of all unauthorized use of cash
collateral and PASA trust assets;
     3. The companies must immediately provide Producers with
access rights (logins and passwords) to the companies' DIP
accounts;
     4. The companies must immediately permit Producers to visit,
inspect, and/or have reasonable access to their books, records, and
assets, including the Collateral and/or PASA trust assets;
     5. The companies must immediately start providing Producers
weekly variance reports;
     6. The companies may pay only such expenses which Producers
expressly authorizes in writing; and
     7. Producers is granted an automatically deemed-allowed
superpriority administrative claim under section 507(b) for failure
of adequate protection, the amount of which is not less than the
amount of cash collateral and PASA trust assets that was used by
the companies without authorization, which amount is subject to
proof, including an accounting being provided by the companies.

A court hearing is set for Feb. 25.

                  About Manning Land Company

Manning Land Company sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. C.D. Cal. Case No. 2:24-bk-16757-VZ) on
August 22, 2024. In the petition signed by Salvatore Anthony
DiMaria, managing member, the Debtor disclosed up to $50 million in
both assets and liabilities.

Judge Vincent P. Zurzolo oversees the case.

Leonard M. Shulman, Esq., at Shulman Bastian Friedman & Bui LLP,
represents the Debtor as legal counsel.

Producers Livestock Marketing Association, cattle supplier, is
represented by:

     Michael J. Gomez, Esq.
     Frandzel Robins Bloom & Csato, L.C.
     1000 Wilshire Boulevard, 19th Floor
     Los Angeles, CA 90017-2427
     Phone: (323) 852-1000  
     Fax: (323) 651-2577
     mgomez@frandzel.com


MARINUS PHARMACEUTICALS: The Vanguard Group Holds 4.7% Stake
------------------------------------------------------------
The Vanguard Group disclosed in a Schedule 13G/A Report filed with
the U.S. Securities and Exchange Commission that as of December 31,
2024, it beneficially owned 2,596,768 shares of Marinus
Pharmaceuticals, Inc.'s Common Stock, representing 4.7% of the
shares outstanding.

The Vanguard Group may be reached at:

     Ashley Grim
     Head of Global Fund Administration
     100 Vanguard Blvd.
     Malvern, PA 19355
     Tel: 610-669-1000

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

                  https://tinyurl.com/5n96xfbx

                      About Marinus Pharmaceuticals

Marinus Pharmaceuticals, Inc. -- 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.

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.

As of June 30, 2024, Marinus Pharmaceuticals had $87.1 million in
total assets, $134.4 million in total liabilities, and $47.3
million in total stockholders' deficit.


MARIZYME INC: Restates 2023 Financials Over Accounting Errors
-------------------------------------------------------------
Marizyme, Inc. disclosed in a Form 8-K Report filed with the U.S.
Securities and Exchange Commission that on January 31, 2025, the
Audit Committee, after discussions with the Company's management
concluded that the Company's previously issued financial statements
as of and for the year ended December 31, 2023, and unaudited
condensed consolidated financial statements as of and for each of
the interim quarterly periods ended June 30, 2023 and September 30,
2023 -- the "Non-Reliance Period" -- should no longer be relied
upon due to misstatements and that it would restate such financial
statements to make the necessary accounting corrections.

The Company evaluated the materiality of these errors both
qualitatively and quantitatively in accordance with Staff
Accounting Bulletin No. 99, Materiality, and SAB No. 108,
Considering the Effects of Prior Year Misstatements on Currently
Issued Financial Statements. Based on this evaluation, the Company
determined that the effect of these corrections was material to the
financial statements for the fiscal year ended December 31, 2023,
and the related interim periods. As a result of the material
misstatements, the Company will be restating its previously issued
financial statements for the periods referenced above, in
accordance with ASC 250, Accounting Changes and Error Corrections.


According to the Company, "We have determined that these errors
were the result of a material weakness in proper technical analysis
of debt/equity transactions, resulting in the conclusion that the
Company's internal control over financial reporting and the
Company's disclosure controls and procedures were not effective as
of December 31, 2023. The Company has not filed, and does not
intend to file, amendments to the previously filed Quarterly
Reports on Form 10-Q for the quarters ended June 30, 2023 and
September 30, 2023, but instead is restating its unaudited interim
condensed consolidated financial statements within Amendment No. 1
of the December 31, 2023 Form 10-K."

The restatements for the Company's previously issued financial
statements as of and for the year ended December 31, 2023, and for
each of the quarterly periods ended June 30, 2023 and September 30,
2023, include the following:

1. The original Convertible Notes - Units Private Placement were
modified. The modification resulted in:

     * A difference between the reacquisition price of the debt and
the net carrying amount of the extinguished debt.
     * In the original filing, this difference was incorrectly
recorded as part of the convertible debt discount to be amortized
over the remaining life of the notes.
     * In Amendment No. 1, the difference will be correctly
recognized in the income of the period of extinguishment as loss
and identified as a separate line item.

2. Additionally, following the recalculation of the carrying value
of the notes after extinguishment, the fair market value of the
warrants attached to the Convertible Notes – Units Private
Placement increased. This adjustment impacted the Company's
additional paid-in capital and contributed to the loss on
extinguishment recognized in the period.

Accordingly, investors should no longer rely upon the Company's
previously released financial statements for the Non-Reliance
Period.

At this time, the Company has not fully completed its review and
the expected financial impact of the Errors described above is
preliminary and subject to change. The Company will file an amended
Form 10-K for fiscal year ended December 31, 2023, as soon as
practicable.

The foregoing changes will not have any impact on the Company's
cash position, cash flow, revenues or liquidity.

                          About Marizyme

Marizyme, Inc. is a medical technology company changing the
landscape of cardiac care by delivering innovative solutions for
coronary artery bypass graft (CABG) surgery.

East Brunswick, New Jersey-based WithumSmith+Brown, PC, the
Company's auditor since 2020, issued a "going concern"
qualification in its report dated May 13, 2024, citing that the
Company has suffered recurring losses from operations, has
experienced cash used from operations in excess of its current cash
position, and has an accumulated deficit, that raise substantial
doubt about its ability to continue as a going concern.


MARK'S POOL: Hires Maschmeyer Marinas PC as Bankruptcy Counsel
--------------------------------------------------------------
Mark's Pool Service, LLC seeks approval from the U.S. Bankruptcy
Court for the Eastern District of Pennsylvania to hire Maschmeyer
Marinas PC as bankruptcy counsel.

The firm's services include:

     (a) advise the Debtor of its rights, powers, and duties in
continuing to operate and manage its assets;

     (b) advise the Debtor concerning, and assist in the
negotiation and documentation of the use of cash collateral and/or
financing, debt restructuring and related transactions;

     (c) review the nature and validity of agreements relating to
the Debtor's businesses and advise in connection therewith;

     (d) review the nature and validity of liens, if any, asserted
against the Debtor and advise as to the enforceability of such
liens;

     (e) advise the Debtor concerning the actions it might take to
collect and recover property for the benefit of its estate;

     (f) prepare on the Debtor's behalf all necessary and
appropriate legal documents, and review all financial and other
reports to be filed in its Subchapter V case;

     (g) advise the Debtor concerning, and prepare responses to,
legal papers which may be filed in its Subchapter V case;

     (h) counsel the Debtor in connection with the formulation,
negotiation and promulgation of a plan of reorganization and
related documents; and

     (i) perform all other legal services for and on behalf of the
Debtor, which may be necessary or appropriate in the administration
of its Subchapter V case.

The firm's partners and/or shareholders will be paid at an hourly
rate of $550 plus reimbursement of out-of-pocket expenses.

Paul Maschmeyer, Esq., an attorney at Maschmeyer Marinas, disclosed
in a court filing that his firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Paul B. Maschmeyer, Esq.
     Maschmeyer Marinas, PC
     629A Swedesford Rd.
     Swedesford Corporate Center
     Malvern, PA 19355
     Telephone: (610) 296-3325
     Email: pmaschmeyer@maschmarinas.com

          About Mark's Pool Service

Mark's Pool Service, LLC is a pool contractor serving the Lehigh
Valley area.

Mark's Pool Service, LLC filed its voluntary petition for relief
under Chapter 11 of the Bankruptcy Code (Bankr. E.D. Pa. Case No.
25-10348) on January 28, 2025, listing $100,000 to $500,000 in
assets and $1 million to $10 million in liabilities. The petition
was signed by Mark D. Reynard as president.

Judge Patricia M Mayer presides over the case.

Frank S. Marinas, Esq. at MASCHMEYER MARINAS P.C. represents the
Debtor as counsel.


MARY'S WOODS: Fitch Hikes IDR to 'BB+', Outlook Stable
------------------------------------------------------
Fitch Ratings has upgraded Mary's Woods at Marylhurst, OR's (MWM)
Issuer Default Rating (IDR) to 'BB+' from 'BB'. Additionally, Fitch
has upgraded the ratings on the series 2018A revenue bonds issued
by the Hospital Facility Authority of Clackamas County, OR, and the
series 2017A revenue bonds issued by the Public Finance Authority
on behalf of MWM to 'BB+' from 'BB'. Fitch has removed the ratings
from Under Criteria Observation (UCO).

The Rating Outlook is Stable.

   Entity/Debt                    Rating          Prior
   -----------                    ------          -----
Mary's Woods at
Marylhurst (OR)             LT IDR BB+  Upgrade   BB

   Mary's Woods at
   Marylhurst (OR)
   /General Revenues/1 LT   LT     BB+  Upgrade   BB

The upgrade to 'BB+' reflects the sound and improved financial
performance, strong demand across all levels of care, manageable
capital needs, and expected resilience of MWM's financial profile
through Fitch's forward-looking scenario analysis, despite MWM's
comparatively thin cash-to-adjusted debt position. In fiscal 2024,
independent living unit (ILU) occupancy averaged about 94%, which
has been consistently strong over the historical period and
supports the organization's 'a' revenue defensibility assessment.
Fitch views MWM's strong and consistent demand as a primary credit
strength.

In fiscal 2024, MWM's strong occupancy resulted in robust net
entrance fees received of around $18.4 million and led to a strong
net operating margin-adjusted (NOMA) of 31.3%. The organization's
good operational cash flow produced sound debt service coverage of
3.4x and improved cash-to-adjusted debt position of around 31% for
the fiscal year, supporting the rating upgrade to 'BB+'. Fitch
expects consistent and/or incrementally improved operating
performance given the limited competition in a favorable market and
manageable capital needs, with no new debt plans anticipated.

SECURITY

The bonds are secured by a pledge of obligated group gross
revenues, a mortgage lien on certain property and a debt service
reserve fund.

KEY RATING DRIVERS

Revenue Defensibility - 'a'

Strong Demand Operating in a Favorable Service Area

MWM's robust revenue defensibility is attributed to its strategic
location west of the Willamette River, where it faces minimal
competition in a favorable primary market area (PMA) just outside
the Portland, OR metro area. MWM's strong demand, reflected in ILU
occupancy consistently above 93%, is a key factor in the strong
revenue defensibility assessment.

The PMA has median household income significantly above state and
national averages, benefiting from its location, about 20 miles
south of Portland, OR, in Lake Oswego. Fitch favorably views MWM's
high degree of price flexibility along with a diversified pricing
structure, and ability to increase rates, if needed.

Over the past four fiscal years, ILU occupancy has remained high,
averaging 95% and rising slightly to nearly 96% in the first
quarter of fiscal 2025 (as of September 30, unaudited).
Additionally, occupancy rates for assisted living units (ALU) and
memory care (MC) have rebounded from pandemic-related lows,
reaching 82% and 97%, respectively, in fiscal 2024. The strong and
improving demand for the MWM's services has driven operational
performance over the past fiscal year, playing a key role in the
rating upgrade.

MWM's weighted average entrance fees (WAEFs) are about $520,000,
which is affordable compared with typical home prices in the
broader service area. Management notes that the average resident
net worth exceeds these entrance fees, ensuring their continued
affordability. Furthermore, a solid waitlist of approximately 570
potential residents bolsters the strong revenue defensibility
assessment.

Operating Risk - 'bbb'

Robust Net Entrance Fee Generation; Manageable Capital Plans

MWM provides Type B contracts, with most residents opting for 80%
refundable agreements, while the rest choose either 50% refundable
or non-refundable contracts. MWM's midrange operating risk
assessment reflects a very healthy average age of the plant, thanks
to the Village expansion project completion several years ago, and
substantial net entrance fees collected over recent years, peaking
at approximately $18.4 million in fiscal 2024.

The organization's operating metrics, including the operating
ratio, net operating margin (NOM), and net operating
margin-adjusted (NOMA), have improved over the past three years as
MWM successfully navigated disruptions from the pandemic.
Specifically, the operating ratio improved to approximately 109% in
2024 from 121% in 2022, NOM increased to 1.2% and has been positive
for the last two years, and NOMA rose to 31.3% from 26% in 2022.

Management continues to face challenges related to healthcare
staffing and elevated labor costs, impacting performance. However,
MWM expects to reduce reliance on agency labor over time, which
should help the operating ratio approach 100%, which Fitch believes
would be an achievement.

Fitch anticipates capital spending plans to be manageable going
forward, as the organization has historically invested in its
physical plant. Aa result of the robust capex, MWM's average age of
plant measured a healthy 8.7 years at fiscal YE 2024.

In fiscal 2024, revenue-only maximum annual debt service (MADS)
coverage was 0.4x, actual debt service coverage was 3.4x, and
MADS-to-revenue was an elevated 17%. While MWM remains leveraged,
Fitch expects continued moderation of certain financial ratios as
the organization grows over time.

Financial Profile - 'bb'

High Debt Load Inclusive of Ground Lease; Good Debt Service
Coverage

In fiscal 2024 (as of June 30; audited), MWM reported unrestricted
cash and investments totaling approximately $59.9 million, a
significant increase from the previous year's balance of $45.8
million. This improvement resulted in enhanced liquidity metrics,
with days cash on hand rising to 457 days (up from 380 days at
fiscal YE 2023) and cash-to-adjusted debt increasing to
approximately 31% (up from 24%). The total debt was around $195
million, including the organization's long-term debt and a
substantial lease liability.

The lease debt pertains to MWM's ground lease, as the campus is
located on land owned by the Sisters of the Holy Names of Jesus and
Mary. MWM leases the land under this ground lease, and the lease
obligation reflects the funding level for a hypothetical purchase
of the leased asset, which is included in Fitch's core leverage
metrics.

Considering MWM's 'a' revenue defensibility and 'bbb' operating
risk assessments, Fitch's forward-looking scenario analysis
indicates that MWM's balance sheet will remain leveraged, but is
expected to improve over time. Even under a stress scenario, ratios
are expected to incrementally improve. If occupancy remains strong,
operational performance continues to support satisfactory debt
service coverage levels, and capital plans remain manageable, a
financial profile assessment of 'bbb' may be warranted over time.

Asymmetric Additional Risk Considerations

There are no asymmetric rating considerations factored for the
rating.

RATING SENSITIVITIES

Factors that Could, Individually or Collectively, Lead to Negative
Rating Action/Downgrade

- Although unexpected, a material deterioration in unrestricted
liquidity, along with additional debt leading to weaker
capital-related metrics, particularly if cash-to-adjusted debt were
sustained below 25%;

- A reversion to the observed good and improved operating
performance, resulting in significantly less net entrance fees
received, leading to a NOMA of around 10% for a sustained period.

Factors that Could, Individually or Collectively, Lead to Positive
Rating Action/Upgrade

- Continued improvement in certain capital-related metrics, with
cash-to-adjusted debt sustained at 40% or higher.

- Improved overall operating performance that continues to approach
breakeven results and an operating ratio of closer to 100%, while
sustaining robust NOMA levels.

PROFILE

MWM is a Type-B life plan community (LPC) that opened in 2001 in
Lake Oswego in Oregon's Willamette Valley, on land owned by the
Sisters of the Holy Names of Jesus and Mary. The LPC consists of
477 ILUs, 124 ALUs and 23 MC units. In 2019, management
transitioned the remaining five skilled nursing beds into ALUs and
no longer has skilled nursing facility (SNF) exposure. Total
operating revenues were around $48.2 million in audited fiscal 2024
(ended June).

Sources of Information

In addition to the sources of information identified in Fitch's
applicable criteria specified below, this action was informed by
information from Lumesis.

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.


MAT TRANSPORT: Gets OK to Hire May Potenza Baran as Counsel
-----------------------------------------------------------
Mat Transport, Inc. received approval from the U.S. Bankruptcy
Court for the District of Arizona to employ May, Potenza, Baran &
Gillespie, PC as counsel.

The firm's services include:

     a. preparing of pleadings and motions and conducting of
examinations incidental to estate administration;

     b. advising the Debtor of its rights, duties, and obligations
under Chapter 11 of the Bankruptcy Code;

     c. taking any and all other necessary action incident to the
proper preservation and administration of this Chapter 11 estate;
and

     d. advising the Debtor in the formulation and presentation of
a plan pursuant to Chapter 11 of the Bankruptcy Code, the
disclosure statement and concerning any and all matters relating to
the foregoing.

The firm's hourly rates are:

     Grant L. Cartwright      $595 per hour
     Andrew A. Harnisch       $595 per hour
     Eric W. Moats            $475 per hour
     Michelle Giordano        $275 per hour

The retainer fee is $50,000.

May Potenza is a "disinterested person" within the meaning of
Section 101(14) of the Bankruptcy Code, according to court papers
filed by the firm.

The firm can be reached through:

     Andrew A. Harnish, Esq.
     May Potenza Baran & Gillespie, P.C.
     201 North Central Avenue 22nd Floor
     Phoenix, AZ 85004-0608
     Tel: (602) 252-1900
     Email: aharnisch@maypotenza.com

        About Mat Transport

Mat Transport, Inc. sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Ariz. Case No. 24-05932) on July 22,
2024. In the petition signed by Marko Tomovic, president, the
Debtor disclosed up to $10 million in both assets and liabilities.

Judge Madeleine C. Wanslee oversees the case.

D. Lamar Hawkins, Esq., at Guidant Law, PLC, serves as the Debtor's
counsel.


MCR HEALTH: Court Extends Cash Collateral Access to Feb. 20
-----------------------------------------------------------
MCR Health, Inc. received interim approval from the U.S. Bankruptcy
Court for the Middle District of Florida, Tampa Division, to use
cash collateral until Feb. 20, marking the third extension since
the company's Chapter 11 filing.

The court's previous order allowed the company to access cash
collateral until Jan. 16 only.

The third interim order authorized MCR Health to use the cash
collateral of ServisFirst Bank to pay the expenses expressly
authorized by the court, including payments of U.S. trustee
quarterly fees, and those expenses set forth in the budget.

As adequate protection, ServisFirst Bank will be granted a
replacement lien on post-petition cash collateral to the same
extent and with the same validity and priority as its
pre-bankruptcy lien.

ServisFirst Bank, a secured creditor, has a lien on substantially
all of MCR Health's assets, including assets valued at
approximately $60 million. MCR Health owes ServisFirst Bank
approximately $11.89 million.

A continued hearing is scheduled for Feb. 20.

ServisFirst Bank can be reached through its counsel:

     Lara Roeske Fernandez, Esq.
     Trenam, Kemker, Scharf, Barkin, Frye, O'Neill & Mullis, P.A.
     101 East Kennedy Boulevard, Suite 2700
     Tampa, FL 33602
     Tel: (813) 223-7474
     Fax: (813) 229-6553
     lfernandez@trenam.com

                       About MCR Health Inc.

MCR Health, Inc. sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. M.D. Fla. Case No. 24-06604) on November 8,
2024, with $10 million to $50 million in both assets and
liabilities. Mary Ruiz, board chair, signed the petition.

Judge Roberta A. Colton oversees the case.

The Debtor is represented by:

     Steven M Berman
     Shumaker, Loop & Kendrick, LLP
     101 E. Kennedy Blvd., Suite 2800
     Tampa, FL 33602
     Tel: 813-229-7600
     Email: sberman@shumaker.com


MCR HEALTH: Joseph Tomaino Submits Interim PCO Report
-----------------------------------------------------
Joseph Tomaino, the duly appointed patient care ombudsman, filed
with the U.S. Bankruptcy Court for the Middle District of Florida
his interim report regarding the quality of patient care provided
at MCR Health, Inc.

The PCO observed an issue of potential concern regarding access to
medical records. MCR Health has an issue with a vendor, Medical
Risk Solutions, which reportedly has been withholding access to
records it has control of until payment issue is resolved. Some of
these records may include patient clinical records. The PCO is
working with MCR Health to get a complete understanding of the
scope of the issue and what mitigation is being taken.

The PCO cited of having no complaints from patients or staff during
the period since his appointment.

MCR Health is categorized into a low, medium, or high-risk level
based on data collected and interviews with management, patients,
and staff when evaluating a healthcare business in bankruptcy.
Based on the observations made and outlined in this interim report,
the current risk level for this case is determined to be medium
level. The PCO finds that these challenges are mitigated by an
engaged board of directors and a dynamic management team.

The PCO noted of having no objection to the service realignments
described in this report, as MCR Health has taken care to preserve
access to care. The realignments are focused on well thought
through strategies to ensure the long-term sustainability of the
organization and eventual expansion of services.

The PCO will continue regular site visits to centers to interview
patients and staff and evaluate the accessibility of services. The
issue of medical records access of material controlled by Medical
Risk Solutions will be further investigated.

A copy of the ombudsman report is available for free at
https://urlcurt.com/u?l=Mg2rpN from PacerMonitor.com.

                       About MCR Health Inc.

MCR Health, Inc. and AllCare Options, LLC filed Chapter 11
petitions (Bankr. M.D. Fla. Lead Case No. 24-06604) on November 8,
2024. At the time of the filing, MCR Health reported $10 million to
$50 million in assets and liabilities while AllCare Options
reported as much as $50,000 in assets and liabilities.

Judge Roberta A. Colton oversees the cases.

Steven M. Berman, Esq., at Shumaker, Loop & Kendrick, LLP,
represents the Debtors as legal counsel.

Joseph J. Tomaino is the patient care ombudsman appointed in the
Debtors' cases.


MEGNA HOSPITALITY: Hires Michael D. Kwasigroch as General Counsel
-----------------------------------------------------------------
Megna Hospitality Investments, Inc seeks approval from the U.S.
Bankruptcy Court for the Central District of California to employ
Law Offices of Michael D. Kwasigroch as General Counsel.

The firm's services include:

     a. proposing a plan, drafting and proposing a disclosure
statement;

     b. assisting with all United States trustee requirements,
litigating certain potential disputes;

     c. filing of schedules, plan, disclosure statement, motion to
approve plan and disclosure statement; and

     d. objecting to claims, opposing any potential adversary
proceedings or motions for relief from stay or other, as the
debtor, as a legal entity and not an individual, needs an attorney
for representation.

The firm will be paid at $400 per hour.

The firm received a retainer in the amount of $7000.

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

Michael D. Kwasigroch, Esq., a partner at Law Offices of Michael D.
Kwasigroch, 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 D. Kwasigroch Esq.
     Law Offices of Michael D. Kwasigroch
     1975 Royal Ave Suite 4
     Simi Valley, CA 93065
     Telephone: (805) 522-1800
     Email: (805) 522-1800

              About Megna Hospitality Investments, Inc

Megna Hospitality Investments, Inc., filed a Chapter 11 bankruptcy
petition (Bankr. C.D. Cal. Case No. 25-10069) on Jan. 15, 2025,
disclosing under $1 million in both assets and liabilities. The
Debtor is represented by LAW OFFICES OF MICHAEL D. KWASIGROCH.


MEMPHIS CARPET: Craig Geno Named Subchapter V Trustee
-----------------------------------------------------
The Acting U.S. Trustee for Region 8 appointed Craig Geno, Esq., at
the Law Offices of Craig M. Geno, PLLC, as Subchapter V trustee for
Memphis Carpet Cleaning, LLC.

Mr. Geno will be paid an hourly fee of $250 for his services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.

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

The Subchapter V trustee can be reached at:

     Craig M. Geno, Esq.
     Law Offices of Craig M. Geno, PLLC
     587 Highland Colony Parkway
     Ridgeland, MS 39157
     Telephone: (601) 427-0048
     Facsimile: (601) 427-0050
     Email: cmgeno@cmgenolaw.com

                   About Memphis Carpet Cleaning

Memphis Carpet Cleaning LLC, doing business as Memphis Clean, is a
professional cleaning service provider based in Memphis, TN.

Memphis Carpet Cleaning LLC sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. W.D. Tenn. Case No.: 25-20401) on
January 24, 2025. In its petition, the Debtor reports estimated
assets between $100,000 and $500,000 and estimated liabilities
between $1 million and $10 million.

Honorable Bankruptcy Judge Denise E. Barnett handles the case.

The Debtor is represented by Toni Campbell Parker, Esq., at the Law
Offices of Toni Campbell Parker, in Memphis, Tenn.


MEMSTAR USA: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------
Debtor: Memstar USA, Inc.
        3655 Pollock Drive
        Conroe TX 77303

Business Description: Memstar USA owns the property located at
                      3655 Pollock Drive, Conroe, TX 77303.  The
                      Property encompasses 10 acres of land, a
                      41,000 sq. ft. manufacturing plant, and a
                      4,500 sq. ft. office building.  The current
                      value of the Property is estimated at $7.5
                      million.

Chapter 11 Petition Date: February 7, 2025

Court: United States Bankruptcy Court
       Southern District of Texas

Case No.: 25-30764

Debtor's Counsel: Michael J. Durrschmidt, Esq.
                  DYKEMA GOSSETT PLLC
                  5 Houston Center 1401 McKinney Street,
                  Suite 1625
                  Houston TX 77010
                  Tel: 713-904-6900
                  E-mail: mdurrschmidt@Dykema.com

Total Assets: $8,712,000

Total Liabilities: $10,547,608

The petition was signed by Bhasker Dave as CEO and Board Member.

A full-text copy of the petition, which includes a list of the
Debtor's 20 largest unsecured creditors, is available for free on
PacerMonitor at:

https://www.pacermonitor.com/view/3KSUG2Y/Memstar_USA_Inc__txsbke-25-30764__0001.0.pdf?mcid=tGE4TAMA


MENORAH CAMPUS: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Menorah Campus, Inc.
          d/b/a The Harry And
        2700 North Forest Road
        Getzville, NY 14068

Business Description: The Debtor operates in the healthcare
                      sector.

Chapter 11 Petition Date: February 6, 2025

Court: United States Bankruptcy Court
       Western District of New York

Case No.: 25-10127

Debtor's Counsel: Kevin R. Lelonek, Esq.      
                  GROSS SHUMAN PC
                  465 Main St Suite 600
                  Buffalo, NY 14203
                  Tel: (716) 854-4300
                  E-mail: klelonek@gross-shuman.com

Estimated Assets: $10 million to $50 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Robert T. Mayer as chief executive
officer.

The Debtor did not provide a list of its 20 largest unsecured
creditors in the petition.

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

https://www.pacermonitor.com/view/AFMBBBY/Menorah_Campus_Inc_dba_The_Harry__nywbke-25-10127__0001.0.pdf?mcid=tGE4TAMA


MJD ENGINEERING: Seeks Chapter 11 Bankruptcy in California
----------------------------------------------------------
On February 3, 2025, MJD Engineering Inc.filed Chapter 11
protection in the U.S. Bankruptcy Court for the Eastern 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.

           About MJD Engineering Inc.

MJD Engineering Inc. is engaged in the construction of utility
systems.

MJD Engineering Inc. sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D. Cal. Case No. 25-20487) on February
3, 2025. In its petition, the Debtor reports estimated assets
between $500,000 and $1 million and estimated liabilities between
$1 million and $10 million.

Honorable Bankruptcy Judge Fredrick E. Clement handles 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
     E-mail: michal.berger@bankruptcypower.com


MJM LANDSCAPE: Jody Corrales Named Subchapter V Trustee
-------------------------------------------------------
The U.S. Trustee for Region 14 appointed Jody Corrales, Esq., at
Deconcini McDonald Yetwin & Lacy P.C. as Subchapter V trustee for
MJM Landscape Associates, Inc.

Ms. Corrales will be paid an hourly fee of $385 for her services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.

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

The Subchapter V trustee can be reached at:

     Jody A. Corrales
     Deconcini McDonald Yetwin & Lacy P.C.
     252 E. Broadway Blvd., Suite 200
     Tucson, AZ 85716
     Telephone: 520-322-5000
     Fax: 520-322-5585
     Email: jcorrales@dmyl.com

                About MJM Landscape Associates Inc.

MJM Landscape Associates Inc. is a family-owned landscape and
masonry company, established in 1976, specializing in custom
landscape design.

MJM Landscape Associates sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Ariz. Case No. 25-00663) on January 27,
2025. In its petition, 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:

     Charles Richard Hyde, Esq.
     The Law Offices of C.R. Hyde, PLC
     2810 N Swan Rd. #150
     Tucson, AZ 85712
     Tel: 520-270-1110


MOMENTUM CONSULTING: Gets Final OK to Use Cash Collateral
---------------------------------------------------------
Momentum Consulting, LLC received final approval from the U.S.
Bankruptcy Court for the Northern District of New York to use cash
collateral.

The company requires the use of cash collateral such as account
receivables, inventory and proceeds from the pre-bankruptcy
collateral of secured creditors to pay its expenses. Its budget
shows estimated monthly expenses of $72,628.65 to $100,628.65.

Secured creditors including Citizens Bank N.A., Hebron Savings
Bank, TD Bank N.A. and Can Capital, Inc. assert interest in the
cash collateral.

Each of the secured creditors was granted adequate protection of
its interests in an amount equal to the aggregate diminution in the
value of its interests in the pre-bankruptcy collateral.

In addition, Momentum Consulting was ordered to remit a monthly
payment of $1,878.65, which represents the contractual principal
and interest payment due to Citizens Bank.

The order will terminate on the occurrence of certain events,
including the company's material breach of the final order, failure
to provide adequate protection, or entry of an order dismissing the
case or converting it to a Chapter 7 case.

Citizens Bank can be reached through its counsel:

     Craig T. Mierzwa, Esq.
     Simon PLC Attorneys & Counselors
     363 W. Big Beaver Road, Suite 410
     Troy, MI 48084
     248 720-0290 ext. 106
     248 720-0291 [fax]
     cmierzwa@simonattys.com

                     About Momentum Consulting

Momentum Consulting, LLC sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. N.D. N.Y. Case No. 24-11236) on
November 5, 2024, with up to $1 million in both assets and
liabilities. Mark Schlant, Esq., at Zdarsky, Sawicki & Agostinelli,
LLP serves as Subchapter V trustee.

Judge Robert E. Littlefield, Jr. oversees the case.

The Debtor is represented by:

   Michael Leo Boyle, Esq.
   Boyle Legal, LLC
   Tel: 518-407-3121
   Email: mike@boylebankruptcy.com


MOSAIC SWNG: Gets Interim OK to Use Cash Collateral
---------------------------------------------------
Mosaic SWNG, LLC got the green light from the U.S. Bankruptcy Court
for the Southern District of Texas to use its secured lender's cash
collateral.

The order signed by Judge Christopher Lopez authorized the company
to use the cash collateral of Fannie Mae to pay the expenses set
forth in its budget.

The lender's cash collateral consists of rents and accounts
receivable generated from Mosaic's assets, including a 504-unit
multifamily residential real property located in Pasadena, Texas.

As protection, Fannie Mae was granted post-petition replacement
liens on all property of the company, whether acquired before or
after the petition date.

To the extent the replacement liens are insufficient to provide
adequate protection against the diminution, if any, in value of the
lender's interest in the collateral, Fannie Mae will be granted a
superpriority claim.

A final hearing is set for Feb. 14.

                       About Mosaic SWNG LLC

Mosaic SWNG LLC, doing business as Mosaic Apartments, was
established in October 2021 with the exclusive purpose of acquiring
and owning the 504-unit multifamily residential property known as
"Mosaic Apartments." The apartment complex, built in 1981, is
located at 4025 Burke Road, Pasadena, Texas, in Harris County.

Mosaic SWNG sought relief under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. S.D. Texas Case No. 25-90010) on January 30, 2025,
listing between $50 million and $100 million in both assets and
liabilities.

Judge Christopher M. Lopez handles the case.

The Debtor is represented by:

     Melissa A. Haselden, Esq.
     Haselden Farrow, PLLC
     708 Main Street, 10th Floor
     Houston, TX 77002
     Tel: 832-819-1149
     Email: MHaselden@HaseldenFarrow.com


NEW FORTRESS: S&P Downgrades ICR to 'B', Outlook Negative
---------------------------------------------------------
S&P Global Ratings lowered its issuer credit rating on New Fortress
Energy Inc. (NFE) to 'B' from 'B+'.

S&P said, "We also lowered our issue-level rating on NFE's senior
secured term loan B to 'B' from 'B+'. The '3' recovery rating on
the debt is unchanged, indicating our expectation that lenders
would receive meaningful (50%-70%; rounded estimate: 60%) recovery
in the event of default.

"In addition, we lowered our issue-level rating on the company's
senior secured notes due 2026 and 2029 (legacy notes) to 'B-' from
'B'. The '5' recovery rating on the notes is unchanged and
indicates our expectation for modest (10%-30%; rounded estimate:
25%) recovery in default.

"Finally, S&P Global Ratings lowered its issue-level rating to 'B'
from 'B+' on NFE's senior secured notes due 2029 (exchanged notes).
The '4' recovery rating is unchanged. The recovery rating indicates
our expectation for average (30%-50%; rounded estimate: 45%)
recovery in default.

"The negative outlook reflects our view that NFE's credit measures
are weak, liquidity is constrained, and meeting the 2025 forecast
is critical for credit improvement."

Rating Action Rationale

The company's financial ratios are weaker than expected, and credit
improvement depends on improved cash flow, asset sales, and receipt
of the FEMA payment in 2025.  S&P said, "Our estimate for NFE's
expected EBITDA for year-end 2024 is in the $900 million-$1 billion
range and weaker than we previously forecast. The main difference
is that NFE has yet to receive a $500 million-$659 million payment
from Federal Emergency Management Agency (FEMA), although the
company continues to expect the payment based on its renegotiated
power contracts with Puerto Rico Electric Power Authority in March
2024. As a result, S&P Global Ratings-adjusted debt to EBITDA for
the year-ended Dec. 31, 2024, is about 8.5x-9x compared with about
6.5x previously forecast. The company now expects that it could
receive a FEMA payment of $500 million-$659 million sometime in the
second quarter of 2025. In our view, the longer the payment is
delayed or the amount is materially lower than expected will put
significant pressure on the company's credit profile and
liquidity."

S&P said, "NFE's projected capital spending is down, but
discretionary cash flow remains negative in 2025. We believe total
spending for 2025 will be $800 million-$950 million. We assume this
will result in negative free cash flow in the $370 million-$520
million range that could be mostly met with the term loan B upsize
or some targeted asset sales. However, any earning underperformance
will add to NFE's external financing needs and weaken the overall
credit profile.

"NFE's liquidity is constrained and a key driver for the rating.  
Our liquidity assessment of less than adequate reflects that the
company's financial flexibility will remain constrained in 2025.
The debt exchange completed in fourth-quarter 2024 provided some
liquidity, extended a portion of senior note maturities to 2029,
and extended $900 million of NFE's $1 billion revolver to Oct. 15,
2027. However, the revolver is fully drawn and, in our view, will
require some combination of asset sales and achieving the company's
$1.2 billion forecast to free up revolver capacity and reduce
debt.

"In our forecast, we have assumed $1 billion of proceeds from asset
sales, along with a $500 million FEMA payment. Both assumptions
have a high degree of uncertainty and could significantly change
our view of NFE's credit profile if they do not occur. Furthermore,
the rating action reflects risk of springing maturities of the
revolving credit facility and term loan B, if NFE does not
refinance or repay its 6.5% senior secured notes due September 2026
($511 million outstanding) by July 31, 2026. We would also expect
the company to have enough liquidity to address this note as it
becomes current in the third quarter of 2025."

The negative outlook incorporates S&P's views that:

-- NFE's credit measures are weak, liquidity is still constrained,
and the financial risk profile will remain highly leveraged for the
next 12 months;

-- Meeting the 2025 forecast and receipt of some amount of the
FEMA payment is critical for improvement in the balance sheet and
liquidity position;

-- NFE will need to refinance the remaining 2026 notes; and

-- The construction of FLNG 2 has some execution risk through
2026.

S&P could lower the rating if:

-- Liquidity remains constrained and NFE has difficulty funding
its growth capital plan or cannot refinance the 2026 notes within
12 months of their maturity;

-- The FEMA payment is delayed beyond the second quarter of 2025
or is lower than we budgeted for in our base-case scenario;

-- FLNG 1 does not operate consistently, FLNG 2 construction costs
increase, or the project is significantly delayed; and

-- S&P believes debt to EBITDA will be above 7x in 2025.

S&P could revise the outlook to stable if NFE can achieve its
forecast 2025 EBITDA of about $1.2 billion and sustain debt to
EBITDA below 6.5x. This could occur if the company:

-- Realizes a projected average net margin of $6.5-$7.0 per
million British thermal units (/mmBtu) and forecasted volumes for
terminal segments in Puerto Rico and the volume ramp-up as expected
in Mexico, Nicaragua, and Brazil;

-- Attains some merchant cargo sales;

-- Achieves some level of asset rationalization and uses the
proceeds to pay down debt;

-- Adopts a more conservative financial policy that funds its
various growth initiatives with internally generated cash flow and
does not add substantial debt to its capital structure; and

-- Generates free cash flow after capital spending.

S&P said, "Environmental factors are a negative consideration in
our credit rating analysis of NFE. The company operates LNG assets,
terminal facilities, and natural gas power plants globally. NFE has
a growing portfolio of LNG terminals and gas-generation assets
primarily in Puerto Rico, Brazil, the Caribbean, and Mexico, where
it seeks to displace heating oil with natural gas-fired generation
and meet the growing demand for power in the developing world.
Although we believe gas generation has a place in the energy
transition, NFE remains vulnerable to changes in demand patterns
for new gas-fired generation and global regulation."



NEW MILLENNIUM: S&P Affirms 'B' Rating on 2015 Charter School Bond
------------------------------------------------------------------
S&P Global Ratings revised its outlook to positive from stable and
affirmed its 'B' long-term rating on the City of Columbus, Minn.'s
series 2015A and 2015B charter school lease-revenue bonds, issued
for New Millennium Academy (NMA).

S&P said, "The positive outlook reflects our view of NMA's
financial operations, which have improved beyond historically weak
and variable levels over the past couple of years, including
lease-adjusted maximum annual debt service (MADS) coverage that is
expected to remain above 1x for fiscal 2025, which could translate
to an improved overall credit profile, reflective of a higher
rating. Management stability over the outlook period would provide
additional support for positive rating movement, in our view."

As of June 30, 2024, the school had $15 million in total debt
outstanding, consisting entirely of the 2015 bonds. The bonds are
secured by revenues of NMA consisting primarily of per-pupil
funding from Minnesota.

"The rating reflects our view of the school's recent history of
management turnover and instability, coupled with variable
operating performance, although we note relative improvement in
these areas over the past five audited years," said S&P Global
Ratings credit analyst Mel Brown.

S&P said, "The positive outlook reflects our view of NMA's
expectations for positive financial operations in fiscal 2025,
which will satisfy bond covenants and translate to lease-adjusted
MADS coverage above 1x. We expect the school will maintain its
enterprise profile with similar enrollment levels, along with
stable management and charter standing."



NEWS DIRECT: Seeks to Hire Charmoy & Charmoy as Bankruptcy Counsel
------------------------------------------------------------------
News Direct Corp. seeks approval from the U.S. Bankruptcy Court for
the District of Connecticut to hire Charmoy & Charmoy, LLC as
attorneys.

The firm's services include:

     (a) advising the Debtor regarding its powers and duties in the
continued operation of its business;

     (b) preparing legal papers; and

     (c) providing other legal services that are necessary in
connection with the Debtor's Chapter 11 case.

The Debtor agreed to pay Charmoy & Charmoy a retainer of $30,000.

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

     Scott Charmoy     $425
     Sheila Charmoy    $550
     Paralegal         $165

Scott Charmoy, Esq., a member of Charmoy & Charmoy, disclosed in a
court filing that his firm is a "disinterested person" as that term
is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Scott M. Charmoy, Esq.
     Charmoy & Charmoy, LLC
     1465 Post Road East, Suite 100
     Westport, CT 06880
     Telephone: (203) 255-8100
     Email: scottcharmoy@charmoy.com

      About News Direct Corp.

News Direct Corp. is a news and content distribution platform in
Norwalk, Conn.

News Direct sought relief under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. D. Conn. Case No. 25-50005) on January 3, 2025, with
up to $50,000 in assets and $1 million to $10 million in
liabilities.

Judge Julie A. Manning handles the case.

The Debtor is represented by Scott M. Charmoy, Esq. at Charmoy &
Charmoy, LLC.


NEWS DIRECT: Seeks to Hire Smolin Lupin & Co as Accountant
----------------------------------------------------------
News Direct Corp. seeks approval from the U.S. Bankruptcy Court for
the District of Connecticut to hire Smolin, Lupin & Co., LLC as its
accountants.

The firm will render these services:

     a. prepare and complete its regular and customary yearly tax
returns for the fiscal year and towards this end, including if
necessary preparation of balance sheets, income statements and
statements of changes of financial position and the like; and

     b. consult with the Debtor, creditors, their attorneys and
others on accounting, tax and financial matters and provide such
other professional services as may required.

The firm will charge these hourly rates:

     Henna Reit             $455
     Laura Martoridis       $355
     Michael Rafter         $200
     Neil Becourtney        $490
     Renee Wal              $250
     Adriance Shaffer        $39

Henna Reit, CPA, a member of Smolin, Lupin & Co., disclosed in a
court filing that his firm is a "disinterested person" as that term
is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Henna Reit, CPA
     Smolin, Lupin & Co., LLC
     331 Newman Springs Road, Suite 145
     Red Bank, NJ 07701
     Tel: (973) 439-7200
     Cell: (973) 439-0720

       About News Direct Corp.

News Direct Corp. is a news and content distribution platform in
Norwalk, Conn.

News Direct sought relief under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. D. Conn. Case No. 25-50005) on January 3, 2025, with
up to $50,000 in assets and $1 million to $10 million in
liabilities.

Judge Julie A. Manning handles the case.

The Debtor is represented by Scott M. Charmoy, Esq. at Charmoy &
Charmoy, LLC.


NICK'S PIZZA: Court Extends Cash Collateral Access to April 7
-------------------------------------------------------------
Nick's Pizza & Pub, Ltd. received interim approval from the U.S.
Bankruptcy Court for the Northern District of Illinois to use cash
collateral until April 7, marking the second extension since the
company's Chapter 11 filing.

The court's previous order allowed the company to access the cash
collateral until Jan. 29 only.

The second interim order authorized Nick's to use its lenders' cash
collateral to fund working capital, operating expenses, fixed
charges, payroll, and other general corporate purposes, subject to
a 10% budget variance.

The lenders are St. Charles Bank & Trust Company, N.A., Rewards
Network Establishment Services, Inc. and On Deck Capital, Inc.

As protection, the lenders were granted replacement liens and
security interests in all tangible and intangible personal property
acquired by Nick's after the petition date.

The next hearing is scheduled for April 2.

St. Charles can be reached through:

     John Adam Powers, Esq.
     Brotschul Potts, LLC
     1 Tower Lane, Suite 2060
     Oak Brook Terrace, IL 60181
     Phone: (312) 551-9003
     apowers@brotschulpotts.com

                     About Nick's Pizza & Pub, Ltd.

Nick's Pizza & Pub, Ltd. is a family-friendly restaurants in
Crystal Lake and Elgin, serving thin-crust Chicago pizza.

Nick's Pizza & Pub filed Chapter 11 petition (Bankr. N.D. Texas
Case No. 24-18037) on December 2, 2024, with assets between
$100,000 and $500,000 and estimated liabilities between $1 million
and $10 million assets between $100,000 and $500,000 and
liabilities between $1 million and $10 million. Nicholas Sarillo,
president of Nick's, signed the petition.

Judge Janet S. Baer handles the case.

The Debtor is represented by:

     Matthew T. Gensburg, Esq.
     Gensburg Calandriello & Kanter, P.C.
     200 W. Adams St., Ste. 2425
     Chicago, IL 60606
     Tel: (312) 263-2200
     Fax: (312) 263-2242  
     Email: mgensburg@gcklegal.com


NIKOLA CORP: Explores Possible Chapter 11 Bankruptcy
----------------------------------------------------
Reshmi Basu, Eliza Ronalds-Hannon, and Kara Carlson of Bloomberg
News report that Nikola Corp. is exploring a potential bankruptcy
filing after a period of volatility that saw the electric truck
maker transition from a stock-market favorite to a company
embroiled in controversy, according to sources familiar with the
matter.

The company has engaged legal and financial advisers to assess a
possible Chapter 11 filing, which would offer protection from
creditors amid financial challenges, the sources said. Due to the
sensitive nature of the discussions, they requested anonymity. The
plans remain uncertain and may change, they added.

                       About Nikola Corp.

Nikola Corporation manufactures commercial vehicles. The Company
provides battery and hydrogen fuel-cell electric vehicles,
drivetrains, components, energy storage systems, fueling station
infrastructure, and other transportation solutions. Nikola serves
customers worldwide.


NORRIS TRAINING: Court Extends Cash Collateral Access to March 3
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Western District of Texas, Austin
Division, granted Norris Training Systems, LLC and its affiliates a
four-week extension to use cash collateral.

The order signed by Judge Shad Robinson authorized the companies to
use cash collateral for
the four-week period from Feb. 3 to March 3.

The companies require access to the cash collateral to permit,
among other things, the satisfaction of the costs and expenses of
administering their Chapter 11 cases, including ongoing
business expenses and payment of professional fees.

                   About Norris Training Systems

Norris Training Systems, LLC sought protection under Chapter 11 of
the U. S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 24-10807-smr)
on July 10, 2024. In the petition signed by David Norris,
president, the Debtor disclosed up to $50 million in both assets
and liabilities.

Judge Shad Robinson oversees the case.

Jennifer F. Wertz, Esq., at Jackson Walker LLP, represents the
Debtor as legal counsel.

Modern Bank, as lender, is represented by:

     Kay Kress, Esq.
     Jonathan Gitlin, Esq.
     Troutman Pepper
     4000 Town Center, Suite 1800
     Southfield, MI 48075-1505
     Email: kay.kress@troutman.com
            Jonathan.gitlin@troutman.com


NOVA CONSTRUCTORS: Hires Dunham Hildebrand Payne as Counsel
-----------------------------------------------------------
Nova Constructors, LLC seeks approval from the U.S. Bankruptcy
Court for the Middle District of Tennessee to employ Dunham
Hildebrand Payne Waldron, PLLC as counsel.

The firm's services include:

     a. rendering legal advice with respect to the rights, power,
and duties of the Debtor in the management of its assets;

     b. investigating and, if necessary, instituting legal action
on behalf of the Debtor to collect and recover assets of the estate
of the Debtor;

     c. preparing all necessary pleadings, orders and reports with
respect to this proceeding and to render all other necessary or
proper legal services;

      d. assisting and counseling Debtor in the preparation,
presentation, and confirmation of a plan of reorganization;

      e. representing Debtor as may be necessary to protect its
interests; and

      f. performing all other legal services that may be necessary
and appropriate in the general administration of Debtor's estate.

The firm will be paid at these rates:

     Attorneys          $500 to $550 per hour
     Paralegals         $225 per hour

The firm received a combined retainer in the amount of $31,000.

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

R. Alex Payne, Esq., a partner at Dunham Hildebrand Payne Waldron,
PLLC, 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:

      R. Alex Payne, Esq.
      Dunham Hildebrand Payne Waldron, PLLC
      9020 Overlook Blvd, Ste 316
      Brentwood, TN 37027
      Tel: (629) 777-6529
      Email: alex@dhnashville.com

              About Nova Constructors, LLC

Nova Constructors LLC,  f/k/a Noble Constructors, LLC, is a
full-service building company specializing in construction,
renovation, and pre-construction consulting. The company
comprehensive design and build services, handling projects such as
terrace builds, kitchen remodels, new garage additions, and lake
house renovations.

Nova Constructors LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. M.D. Fla. Case No. 25-00389) on January 30,
2025. In its petition, the Debtor reports total assets of $917,066
and total liabilities of $2,775,211.

Honorable Bankruptcy Judge Charles M Walker handles the case.

The Debtor is represented by R. Alex Payne, Esq., at DUNHAM
HILDEBRAND PAYNE WALDRON, PLLC.


OAKLAND PHYSICIANS: Hires Wachler & Associates as Special Counsel
-----------------------------------------------------------------
Oakland Physicians Medical Center, LLC seeks approval from the U.S.
Bankruptcy Court for the Eastern District of Michigan to employ
Wachler & Associates, P.C. as special counsel.

The firm will represent the Debtor regarding these healthcare law
matters:

  -- the appeal filed on Jan. 6, 2025 of the Centers for Medicare
and Medicaid Services' action regarding Debtor's participation as a
hospital in the Medicare program (U.S. Department of Health and
Human Services, Departmental Appeals Board, Civil Remedies
Division, Case Docket No. C-25-258);

  -- the appeal of CMS and Wisconsin Physicians Services Government
Health Administrators' action regarding Debtor's Medicare
enrollment and billing privileges with an upcoming appeal deadline
on Feb. 6, 2025 and the previous submission of a related Corrective
Action Plan filed on Jan. 7, 2025; and

  -- the appeal filed on Jan. 8, 2025 of the Michigan Department of
Health and Human Services action regarding Debtor's Medicare
Certification and regarding Debtor's participation in the Michigan
Medicaid program (Michigan Office of Administrative Hearings and
Rules Docket No.: 25-001514).

The firm will be paid at these rates:

     Andrew B. Wachler     $550 per hour
     Jesse A. Markos       $475 per hour
     Daniel D. Ayyash      $295 per hour
     Crystal Chrzanowski   $225 per hour
     Sydney Davis          $175 per hour

Wachler received a retainer from Debtor in the amount of $20,000.

Andrew B. Wachler, managing partner of Wachler & Associates,
assured the court that his firm is a "disinterested person" within
the meaning of 11 U.S.C. 101(14).

The firm can be reached through:

     Andrew B. Wachler, Esq.
     Wachler & Associates, P.C.
     210 E 3rd St #204
     Royal Oak, MI 48067
     Phone: (248) 544-0888

       About Oakland Physicians Medical Center

Oakland Physicians Medical Center, L.L.C. sought protection under
Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Mich. Case No.
24-51134) on November 23, 2024.

Judge Maria L. Oxholm presides over the case.

The Debtor tapped Robert N. Bassel, Esq. at Robert Bassel, Attorney
At Law as bankruptcy counsel and Brandon M. Dalziel, Esq., at
Bodman PLC as special counsel.


OCEAN POWER: Registers 20MM Shares Under 2015 Incentive Plan
------------------------------------------------------------
Ocean Power Technologies, Inc. filed a Registration Statement in
accordance with the requirements of Form S-8 with the U.S.
Securities and Exchange Commission under the Securities Act of
1933, as amended, to register 20,000,000 shares of its common stock
related to the Amended & Restated 2015 Omnibus Incentive Plan.

A full-text copy of the registration statement is available at:

                  https://tinyurl.com/ycxu7w65

                  About Ocean Power Technologies

Ocean Power Technologies, Inc. --
https://oceanpowertechnologies.com/ -- provides intelligent
maritime solutions and services that enable safer, cleaner, and
more productive ocean operations for the defense and security, oil
and gas, science and research, and offshore wind markets. The
Company's PowerBuoy platforms provide clean and reliable electric
power and real-time data communications for remote maritime and
subsea applications. The Company also offers WAM-V autonomous
surface vessels (ASVs) and marine robotics services. The Company's
headquarters is located in Monroe Township, New Jersey, with an
additional office in Richmond, California.

Iselin, New Jersey-based EisnerAmper LLP, the Company's auditor
since 2020, issued a "going concern" qualification in its report
dated July 25, 2024, citing that the Company has recurring net
losses and net cash flow used in operations that raise substantial
doubt about its ability to continue as going concern.

As of Oct. 31, 2024, Ocean Power Technologies had $26.95 million in
total assets, $4.83 million in total liabilities, and $22.12
million in total shareholders' equity.


OCUGEN INC: Registers 57.5MM Shares for Sale
--------------------------------------------
Ocugen, Inc. filed a preliminary prospectus on Form S-3 with the
U.S. Securities and Exchange Commission relating to the offer and
sale by the selling stockholders -- Avenue Venture Opportunities
Fund, L.P. and Avenue Venture Opportunities Fund II, L.P. -- in
this prospectus of up to 57,542,768 shares of common stock of
Ocugen, Inc. that have been issued or are issuable in connection
with the Loan and Security Agreement, dated November 6, 2024, by
and among the Company, Avenue Capital Management II, L.P., as
administrative agent and collateral agent, Avenue Venture
Opportunities Fund and Avenue Venture Opportunities Fund II, as a
lenders. The selling stockholders refer to the Lenders and their
respective pledgees, donees, transferees, or other successors in
interest as permitted by the Loan and Security Agreement.

The number of shares of Common Stock being registered is comprised
of:

     (i) 56,486,430 shares of Common Stock issuable upon conversion
of up to $6,000,000 of the outstanding principal amount under the
note or notes issued by the Company pursuant to the Loan and
Security Agreement; and
    (ii) 1,056,338 shares of Common Stock issued to the Lenders in
connection with the Loan and Security Agreement in a private
placement.

The Lenders have the right to convert an aggregate amount of up to
$6.0 million of the outstanding principal amount into shares of
Common Stock at a conversion price per share equal to 80% of the
trading price on the date of conversion, which shall be at Lenders'
option. 56,486,430 shares of Common Stock is equivalent to 19.9% of
Ocugen's outstanding shares of Common Stock on the date it entered
into the Loan and Security Agreement.

Ocugen will not receive any of the proceeds from the sale of the
Common Stock by the selling stockholders.

The selling stockholders may offer the shares of Common Stock in
one or more transactions at fixed prices, at prevailing market
prices at the time of sale, at varying prices determined at the
time of sale, at negotiated prices, or in trading markets for the
Company's Common Stock.

Ocugen's common stock is traded on The Nasdaq Capital Market, or
Nasdaq, under the symbol "OCGN." On January 28, 2025, the closing
sale price of the Company's common stock on Nasdaq was $0.712 per
share. The applicable prospectus supplement will contain
information, where applicable, as to other listings, if any, on
Nasdaq or any other securities exchange of the securities covered
by the applicable prospectus supplement.

The Company may be reached at:

     Shankar Musunuri, Ph.D., MBA
     Chief Executive Officer and Chairman
     Ocugen, Inc.
     12 Great Valley Parkway
     Malvern, PA 19355
     Tel: (484) 328-4701

Avenue Venture Opportunities Fund, L.P. and Avenue Venture
Opportunities Fund II, L.P., and their affiliates may be reached
at:

     11 West 42nd Street, 9th Floor
     New York, New York 10036

A full-text copy of the registration statement is available at:

                  https://tinyurl.com/z7a8zxch

                         About Ocugen Inc.

Malvern, Pa.-based Ocugen, Inc. is a biotechnology company focused
on discovering, developing, and commercializing novel gene and cell
therapies, biologics, and vaccines that improve health and offer
hope for patients across the globe.  The Company's technology
pipeline includes: Modifier Gene Therapy Platform, Novel Biologic
Therapy for Retinal Diseases, Regenerative Medicine Cell Therapy
Platform, and Inhaled Mucosal Vaccine Platform.

Philadelphia, Pennsylvania-based Ernst & Young LLP, the Company's
auditor since 2018, issued a "going concern" qualification in its
report dated April 16, 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.

As of September 30, 2024, Ocugen had $61.9 million in total assets,
$21.3 million in total liabilities, and $40.6 million in total
stockholders' equity.


OFFICE DEPOT: Egan-Jones Retains BB- Senior Unsecured Ratings
-------------------------------------------------------------
Egan-Jones Ratings Company on January 13, 2025, maintained its
'BB-' foreign currency and local currency senior unsecured ratings
on debt issued by Office Depot, Inc. EJR also withdrew the rating
on commercial paper issued by the Company.

Headquartered in Boca Raton, Florida, Office Depot, Inc. operates a
chain of office product warehouse stores in North America, Europe,
Asia, and Central America.


OFFICE PROPERTIES: The Vanguard Group Holds 7.06% Stake
-------------------------------------------------------
The Vanguard Group disclosed in a Schedule 13G/A Report filed with
the U.S. Securities and Exchange Commission that as of December 31,
2024, it beneficially owned 4,936,384 shares of Office Properties
Income Trust's Common Stock, representing 7.06% of the shares
outstanding.

The Vanguard Group may be reached at:

     Ashley Grim
     Head of Global Fund Administration
     100 Vanguard Blvd.
     Malvern, PA 19355
     Tel: 610-669-1000

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

                  https://tinyurl.com/3fz9tn2w

                     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.

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.

In July 2024, S&P Global Ratings raised its issuer credit rating on
Office Properties Income Trust (OPI) to 'CCC-' from 'SD' (selective
default) and its issue-level ratings on the senior unsecured notes
that were part of the exchange to 'CCC-' from 'D'. S&P said, "We
lowered our issue-level rating on the company's March 2029 senior
secured notes to 'CCC+' from 'B-', with the recovery rating
remaining '1'. We also lowered the issue-level rating on the
company's 2050 senior unsecured notes, which were not part of the
debt exchange, to 'CCC-' from 'CCC'. The recovery rating on all the
unsecured notes is unchanged at '3'. We also assigned our 'CCC' and
'2' recovery rating to the company's new September 2029 senior
secured 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.

In 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."

In November 2024, S&P Global Ratings placed all of its ratings on
Office Properties Income Trust (OPI), including its 'CCC-' issuer
credit rating, on CreditWatch with developing implications.

The CreditWatch placement reflects the uncertainty around the final
terms and execution of the exchange offer. S&P plans to resolve the
CreditWatch following the resolution of the exchange offer.

In January 2025, Moody's Ratings affirmed Office Properties Income
Trust's Corporate Family Rating at Caa3. Moody's also assigned a
Caa2 rating to OPI's new senior secured notes due 2027.
Concurrently, Moody's downgraded the rating on OPI's existing
senior secured notes due March 2029 to Caa2 from Caa1, and the
rating on OPI's senior secured exchange notes due September 2029 to
Caa3 from Caa2. The ratings on the REIT's unsecured notes and
senior unsecured shelf were affirmed at Ca and (P)Ca respectively.
The outlook is negative.

The actions follow OPI's recently concluded debt exchange
transaction which saw it exchange around $340 million of 2025
unsecured notes for a new $445 million secured notes due March
2027. The downgrade of the existing senior secured notes reflects
the change in capital structure mix towards more secured debt
relative to unsecured debt, following the refinancing of the 2025
unsecured note with secured debt.


OMNIQ CORP: Two Directors Resign; Guy Elhanani Named Audit Chair
----------------------------------------------------------------
Omniq Corp. disclosed in a Form 8-K Report filed with the U.S.
Securities and Exchange Commission that on January 31, 2025, the
Company announced that Yaron Shalem and Mina Teicher have resigned
from their positions as directors of the Company, effective
immediately.

The resignations were made in support of the Company's ongoing
cost-cutting initiatives aimed at improving operational efficiency
and enhancing shareholder value. The Company thanks Mr. Shalem and
Ms. Teicher for their contributions during their tenure and wishes
them the best in their future endeavors.

Following Mr. Shalem's resignation, the Company's board of
directors appoints Guy Elhanani, an independent director of the
Board and member of the Audit Committee, to serve as the
chairperson of the Audit Committee.

                           About Omniq Corp

OmniQ Corporation -- www.omniq.com -- provides computerized and
machine vision image processing solutions that use patented and
proprietary AI technology to deliver real-time object
identification, tracking, surveillance, and monitoring for the
Supply Chain Management, Public Safety, and Traffic Management
applications. The technology and services provided by the Company
help clients move people, objects, and manage big data safely and
securely through airports, warehouses, schools, and national
borders and in many other applications and environments.

Salt Lake City, Utah-based Haynie & Company, the Company's auditor
since 2019, issued a "going concern" qualification in its report
dated April 1, 2024, citing that the Company has a deficit in
stockholders' equity and has sustained recurring losses from
operations. This raises substantial doubt about the Company's
ability to continue as a going concern.

As of Sept. 30, 2024, OMNIQ had $37.19 million in total assets,
$77.42 million in total liabilities, and a total stockholders'
deficit of $40.23 million.


ONESOURCE COMMUNITY: PCO Reports No Staffing Challenges
-------------------------------------------------------
Arthur Peabody, Jr., the court-appointed patient care ombudsman,
filed with the U.S. Bankruptcy Court for the Eastern District of
Virginia his initial report regarding the quality of patient care
provided by OneSource Community Mental Health Services of Virginia,
Inc.

In the report which covers the period December 5, 2024 to February
3, 2025, the PCO cited that the facility served approximately 116
patients in both outpatient and in residential settings.

The PCO noted that while OneSource lost approximately a dozen staff
due to events leading to the bankruptcy and its inability to meet
payroll, these staff have been replaced and only one or two
vacancies remain. The CEO reports that 75% of the staff is very
stable; 25% consists of newer employees. These facts suggest that
there is adequate staff for OneSource to meet the needs of its
patients.

Moreover, OneSource is "surveyed" or reviewed by state agency
officials and the PCO was provided the most recent October 2024
survey by the Virginia Department of Behavioral Health and
Developmental Services. The deficiencies or departures from
standards noted all pertain to issues found in employee records and
relate to employment practices. OneSource has corrected these
deficiencies through a Corrective Action Plan (CAPs) and committed
to implementing steps to ensure policies and procedures with
respect to the employment of staff would be consistently
implemented.

In a future on-site review, the PCO will review the "delivery
system" for the provision of care and treatment programs at
OneSource.

A copy of the ombudsman report is available for free at
https://urlcurt.com/u?l=VPAnp3 from PacerMonitor.com.

The ombudsman may be reached at:

     Arthur E. Peabody, Jr.
     600 Cameron Street
     Alexandria, VA 22314
     Phone: (703) 798-1002
     Email: arthurpeabody@mindspring.com

                 About OneSource Community Mental
                    Health Services of Virginia

OneSource Community Mental Health Services of Virginia, Inc. is a
full-service counseling and drug-treatment business in Richmond,
Va.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D. Va. Case No. 24-34038) on October 24,
2024, with up to $1 million in assets and up to $10 million in
liabilities. Stephen A. Parson, Jr., chief executive officer,
signed the petition.

Christopher M. Winslow, Esq., at Winslow, McCurry & MacCormac ,
PLLC, represents the Debtor as legal counsel.

Arthur Peabody, Jr., is the patient care ombudsman appointed in the
Debtor's case.


ORANGE TUMBLER: Seeks to Hire Michael P. Boyd as Legal Counsel
--------------------------------------------------------------
Orange Tumbler, LLC seeks approval from the U.S. Bankruptcy Court
for the District of Maine to hire Michael P. Boyd, Attorney at Law
as its counsel.

The firm will render these services:

     a. advise and assist the Debtor with respect to all bankruptcy
matters and proceedings arising in, under or related to the case;

     b. advise the Debtor with respect to the claims of all
creditors and parties in interest and other matters involving the
estate;

     c. represent the Debtor at any hearings in, under or related
to the Case;

     d. assist the Debtor in evaluating, administering and
realizing the value of the property of the estate;

     e. assist the Debtor in reviewing, objecting to and otherwise
resolving claims.

Michael Boyd, Esq., owner of Michael P. Boyd, Attorney at Law, will
charge $220 per hour, capped at $6,000.

Mr. Boyd assured the court that he is a "disinterested person"
within the meaning of 11 U.S.C. 101(14).

The firm can be reached through:

     Michael P. Boyd, Esq.
     Michael P. Boyd, Attorney at Law
     One Monument Way, 2nd Floor
     Portland, ME 04101
     Phone: (207) 773-7171

    About Orange Tumbler, LLC

Orange Tumbler, LLC filed a Chapter 11 petition of the U.S.
Bankruptcy Code (Bankr. D. Maine Case No. 24-20254). At the time of
filing, the Debtor estimated $100,001 to $500,000 in both assets
and liabilities.

Judge Michael A. Fagone presides over the case.

Michael P. Boyd, Esq., represents the Debtor as legal counsel.


OREGON TOOL: In Talks with Creditors for Fresh Money
----------------------------------------------------
Reshmi Basu and Irene García Perez of Bloomberg News reports that
Platinum Equity-backed Oregon Tool Inc. has reached a provisional
agreement with certain creditors to restructure its debt and secure
new financing, according to sources familiar with the matter.

The chainsaw manufacturer is now seeking broader lender support by
encouraging more creditors to sign non-disclosure agreements and
review the proposal, the sources said, requesting anonymity due to
the confidential nature of the discussions, the report states.

Negotiations have primarily focused on a below-par debt exchange
and stricter loan covenants, they added.

                  About Oregon Tool Inc.

Oregon Tool Inc. manufactures agricultural machinery and equipment.
The Company distributes equipment like lawn mowers, accessories,
timber harvesting, and stacked material loaders to forestry, lawn,
garden, farm, ranch, agriculture, concrete cutting, and finishing
markets. Oregon Tool serves customers worldwide.


ORLANDO MEDICAL: Asset Sale Proceeds to Fund Plan Payments
----------------------------------------------------------
Orlando Medical Institute, Inc., filed with the U.S. Bankruptcy
Court for the Middle District of Florida a Subchapter V Plan of
Reorganization dated January 30, 2025.

The was originally organized in 2004 by Felix Marquez, a certified
Paramedic/Firefighter with 20 years of instructing experience. The
is an accredited educational institution providing Emergency
Medical Technician and Paramedic training. Debtor conducts its
operations from leased office space located at: 6925 Lake Ellenor
Drive, Orlando, Florida 32809.

In 2020, OMI experienced financial headwinds following
accreditation issues associated with its nursing program. OMI
ultimately elected to discontinue its nursing program due to the
high overhead costs of the program and lack of students from local
fire departments and ambulance agencies.

In 2021 and 2022, the Debtor was able to manage the financial
distress caused by the nursing program accreditation issues and
utilized the benefits of SBA financing to sustain its operations,
but later found itself unable to service its SBA loan obligation,
office lease obligations and tax obligations. Litigation ensued
between the Debtor and its current and former landlords causing
further disturbances to OMI's operation while it was in the process
of entertaining a sale of its business. Orlando Medical Institute,
Inc., ultimately elected to enter the Chapter 11 process to
preserve its business and facilitate a sale of its assets.

Class 4 consists of all Allowed General Unsecured Claims against
the Debtor. In full satisfaction of their Allowed Class 4 Claims,
on the Effective Date Holders of Allowed General Unsecured Claims
against the Debtor shall receive a pro rata share of the Sale
Proceeds after Payment in full of all Allowed Administrative
Claims, Allowed Priority Tax Claims, Allowed Priority Claims,
Allowed Class 1 Claims, and Allowed Class 2 Claims. Class 4 is
Impaired.

Class 5 consists of all equity interests in Orlando Medical
Institute, Inc. All Class 5 Interests in Orlando Medical Institute,
Inc. shall be cancelled on the Effective Date. After Payment in
full of all Allowed Administrative Claims, Allowed Priority Tax
Claims, Allowed Priority, Allowed Class 1 Claims, Allowed Class 2
Claims, and Allowed Class 4 Claims, any remaining amounts from the
Sale Proceeds will be distributed to Holders of Allowed Class 5
Interests on a pro rata basis.

The Debtor shall operate its business until the closing of the Sale
as set forth herein. To fund Plan Distributions, Debtor shall sell
the Sale Assets to Buyer for $217,000.00. The proposed Sale to
Buyer follows extensive conversations with interested parties and
consideration of all potential recovery outcomes, including a sale
process requiring additional administrative expenses and delays to
the Debtor's Bankruptcy Case. After several weeks of discussions
with interested parties, the Debtor received a purchase offer for
substantially all of its Personal Property.

Ultimately, Debtor elected to pursue an asset sale to a competitive
participant within the Debtor's industry in order to maximize
recoveries to creditors through a quick sale process free of
contingencies other potential purchasers may require. In
consideration of the offers received, Debtor also considered the
potential for Buyer to consummate the Sale.

A full-text copy of the Subchapter V Plan dated January 30, 2025 is
available at https://urlcurt.com/u?l=Qzi6oz from PacerMonitor.com
at no charge.

Counsel for the Debtor:

     Daniel A. Velasquez, Esq.
     LATHAM, LUNA, EDEN & BEAUDINE, LLP
     201 S. Orange Ave., Suite 1400
     Orlando, Florida 32801
     Tel: 407-481-5800
     Fax: 407-481-5801

                    About Orlando Medical Institute

Orlando Medical Institute, Inc., is an accredited educational
institution providing Emergency Medical Technician and Paramedic
training.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. M.D. Fla. Case No. 24-06628) with up to
$50,000 in assets and up to $1 million in liabilities.

Judge Tiffany P. Geyer oversees the case.

The Debtor is represented by Daniel A Velasquez, Esq., at Latham,
Luna, Eden & Beaudine, LLP.


ORSIPEL V LLC: Case Summary & Two Unsecured Creditors
-----------------------------------------------------
Debtor: Orsipel V LLC
        1632 First Avenue, Suite 310
        New York, NY 10028

Business Description: The Debtor is the owner of a mixed-use
                      property located at 5355 Stone Street, also
                      known as 1517 South William Street, New
                      York, NY 10004.  The Property consists of
                      seven residential units and two commercial
                      units, all of which are currently rented,
                      except for two vacant residential units and
                      one vacant commercial unit.  The current
                      value of the Property is $15.1 million.

Chapter 11 Petition Date: February 7, 2025

Court: United States Bankruptcy Court
       Southern District of New York

Case No.: 25-10238

Judge: Hon. David S Jones

Debtor's Counsel: Rachel S. Blumenfeld, Esq.
                  LAW OFFICE RACHEL S. BLUMENFELD PLLC
                  26 Court Street, Suite 814
                  Brooklyn, NY 11242
                  Tel: 718-858-9600
                  E-mail: rachel@blumenfeldbankruptcy.com

Total Assets: $15,115,000

Total Liabilities: $10,102,000

The petition was signed by Philip Harper as member.

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

https://www.pacermonitor.com/view/6C43KII/Orsipel_V_LLC__nysbke-25-10238__0001.0.pdf?mcid=tGE4TAMA

List of Debtor's Two Unsecured Creditors:

   Entity                           Nature of Claim   Claim Amount

1. Admiral Elevator                Elevator Services        $2,000
9341 Philadelphia Road
Suite D-F
Rosedale, MD 21237

2. Maguire Capital                                     $10,100,000
Attention: Marvin Azrak
400 Madison Ave.,
Suite 5D
New York, NY 10017


OUTFRONT MEDIA: The Vanguard Group Holds 13.04% Stake
-----------------------------------------------------
The Vanguard Group disclosed in a Schedule 13G/A Report filed with
the U.S. Securities and Exchange Commission that as of December 31,
2024, it beneficially owned 21,648,809 shares of OUTFRONT Media
Inc.'s Common Stock, representing 13.04% of the shares
outstanding.

The Vanguard Group may be reached at:

     Ashley Grim
     Head of Global Fund Administration
     100 Vanguard Blvd.
     Malvern, PA 19355
     Tel: 610-669-1000

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

                  https://tinyurl.com/3yw597fu

                     About OUTFRONT Media Inc.

Headquartered in New York, OUTFRONT Media Inc. leases advertising
space on out-of-home advertising structures and sites.

OUTFRONT Media reported a net loss attributable to the Company of
$430.4 million for the year ended December 31, 2023, compared to a
net income of $147.9 million for the year ended December 31, 2022.
As of September 30, 2024, OUTFRONT Media had $5.2 billion in total
assets, $4.5 billion in total liabilities, $13.5 million in
redeemable noncontrolling interests, $119.8 million of preferred
stock, and $618.2 million in total shareholders' equity.

                           *     *     *

Egan-Jones Ratings Company, on September 10, 2024, maintained its
'CCC' foreign currency and local currency senior unsecured ratings
on debt issued by OUTFRONT Media Inc.


OUTLOOK THERAPEUTICS: Issues $33.1M Convertible Note to Avondale
----------------------------------------------------------------
Outlook Therapeutics, Inc. disclosed in a Form 8-K Report filed
with the U.S. Securities and Exchange Commission that it entered
into a Securities Purchase Agreement with Avondale Capital, LLC, a
Utah limited liability company, pursuant to which, the Company
agreed to issue to the Lender an unsecured convertible promissory
note with a face amount of $33,100,000.

The Company expects to use the proceeds from the issuance of the
Note to repay in full the remaining obligations of $32,373,792
(estimated as of January 15, 2025), including accrued and unpaid
interest and the applicable exit fee, under the Company's existing
convertible promissory note with Streeterville Capital, LLC, dated
December 22, 2022, which will be cancelled in connection with the
issuance of the Note. The Company intends to use the remaining
proceeds from the issuance of the Note for support of its ONS-5010
development program as well as working capital and other general
corporate purposes, which may include repayment of debt. The
closing of the transactions contemplated by the SPA and the Note is
expected to occur shortly following the Company's 2025 annual
meeting of stockholders, subject to the satisfaction of closing
conditions.

                   Securities Purchase Agreement

The SPA contains customary representations, warranties, and
covenants of the Company and the Lender and customary closing
conditions and other obligations of the parties. Among other
closing conditions, the Company must obtain approval by its
stockholders of the issuance of shares of the Company's common
stock, par value $0.01 per share, in excess of 19.99% of the
outstanding Common Stock upon the conversion of the Note at a
conversion price per share that is less than the "minimum price"
under Nasdaq Listing Rule 5635, if required pursuant to the terms
of the Note. Until the Closing, the Company has agreed, among other
things, not to sell shares of Common Stock at a price per share
less than $2.26 other than issuances pursuant to the Company's
at-the-market offering. Until amounts due under the Note are paid
in full, the Company has agreed, among other things, to:

     (i) timely make all filings under the Securities Exchange Act
of 1934,
    (ii) maintain the listing of the Common Stock on The Nasdaq
Capital Market,
   (iii) not encumber, mortgage, pledge or grant a security
interest in any of its assets, including intellectual property,
subject to certain exceptions,
    (iv) subject to certain exceptions, not issue certain debt
securities or certain equity or equity-linked securities with a
conversion price that varies with the public trading price of the
Common Stock, in each case, without the Lender's prior consent,
and
     (v) not enter into any agreement that would restrict the
Company's ability to issue Common Stock to the Lender.

Pursuant to the SPA, the Company has agreed to file a registration
statement registering the resale of shares of common stock issuable
upon conversion of the Note within seven days following the
Closing, and to use commercially reasonable efforts to have such
Registration Statement declared effective within 45 days of filing.
In the event the Registration Statement is not declared effective
by the Effectiveness Deadline, the outstanding balance on the Note
will, on the Effectiveness Deadline and each 30th day thereafter,
automatically be increased by 0.5% until the Registration Statement
is declared effective.

Subject to certain exceptions and limitations, the SPA grants the
Lender a participation right to acquire, at the Lender's
discretion, up to 10% of the amount of certain debt obligations or
convertible securities issued by the Company during the term of the
Note.

                               Note

The Note will initially bear interest at the prime rate (as
published in the Wall Street Journal) plus 3% (subject to a floor
of 9.5%), will be scheduled to mature on July 1, 2026 and will be
convertible into Common Stock as described below. The Company will
have an obligation to repay at least $3,000,000 of the outstanding
balance of the Note for each calendar quarter beginning with the
second calendar quarter of 2025 (subject to adjustment for
conversions by the Lender and to payment of an exit fee of 7.5%)
(the "Quarterly Debt Reduction Obligations").

Beginning on the earlier of:

     (i) six months following the issuance of the Note and
    (ii) the date on which the Registration Statement is declared
effective, the Lender will have the right to convert all or any
portion of the outstanding balance under the Note into a number of
shares of Common Stock obtained by dividing the amount of the Note
being converted by the Conversion Price.

In addition, the Company will have the right to convert all or any
portion of the outstanding balance under the Note into shares of
Common Stock at the Conversion Price if certain conditions have
been met at the time of conversion, including if at any time after
the Conversion Commencement Date, the daily volume-weighted average
price of our common stock on Nasdaq equals or exceeds $3.00 per
share (subject to adjustments for stock splits and stock
combinations) for a period of 30 consecutive trading days and the
median daily dollar trading volume during the preceding 30 trading
day period is greater than or equal to $1,000,000. The Company may
make payments:

     (i) in cash,
    (ii) in shares of Common Stock, with the number of shares being
equal to the portion of the applicable payment amount divided by
the Conversion Price, or
    (iii) a combination of cash and shares of Common Stock. Any
payments made by the Company in cash, including prepayments or
repayment at maturity, will be subject to an additional fee of
7.5%.

The Note will provide that the Company shall not effect any
conversion of the Note to the extent that, after giving effect to
the conversion, the Lender (together with its affiliates), would
beneficially own a number of shares of common stock exceeding 4.99%
of the number of shares of common stock outstanding on such date
immediately after giving effect to such conversion; provided,
however, that the Beneficial Ownership Limitation will be increased
to 9.99% at such time our market capitalization is less than $25.0
million. By written notice to the Company, the Lender may increase,
decrease or waive the Beneficial Ownership Limitation as to itself,
but any such waiver will not be effective until the 61st day after
delivery thereof.

Upon the occurrence of certain events described in the Note,
including, among others, the Company's failure to pay amounts due
and payable under the Note, failure to comply with the Quarterly
Debt Reduction Obligations, events of insolvency or bankruptcy,
failure to observe covenants contained in the SPA and the Note,
breaches of representations and warranties in the SPA, and
occurrence of certain transactions without the Lender's consent,
the Lender shall have the right, subject to certain exceptions, to
increase the balance of the Note by 10% for a Major Trigger Event
and 5% for a Minor Trigger Event. If a Trigger Event is not cured
within ten trading days of written notice thereof from the Lender,
it will result in an event of default (such event, an Event of
Default). Following an Event of Default, the Lender may accelerate
the Note such that all amounts thereunder become immediately due
and payable, and interest shall accrue at a rate of 22% annually
until paid. Under the Note, "Conversion Price" means, prior to a
Major Trigger Event, $2.26 per share (subject to adjustment for
stock splits and stock combinations), and following a Major Trigger
Event, the lesser of:

     (i) $2.26 per share (subject to adjustment for stock splits
and stock combinations), and
    (ii) 90% multiplied by the lowest closing bid price in the
three trading days prior to the date on which the conversion notice
is delivered; provided, however, that if the Conversion Price is
below $0.404 per share (subject to adjustment for stock splits and
stock combinations), which may be subject to change in the future
to the extent permitted by stock exchange rules in effect at the
time of such change, the Company will be required to satisfy a
conversion notice from the Lender in cash.

                    About Outlook Therapeutics

Headquartered in Iselin, New Jersey, Outlook Therapeutics --
www.outlooktherapeutics.com -- is a biopharmaceutical company
focused on the development and commercialization of
ONS-5010/LYTENAVA (bevacizumab-vikg; bevacizumab gamma), for the
treatment of retina diseases, including wet AMD.  LYTENAVA
(bevacizumab gamma) is the first ophthalmic formulation of
bevacizumab to receive European Commission and MHRA Marketing
Authorization for the treatment of wet AMD.  Outlook Therapeutics
is working to initiate its commercial launch of LYTENAVA
(bevacizumab gamma) in the EU and the UK as a treatment for wet
AMD, expected in the first half of calendar 2025.  In the United
States, ONS-5010/LYTENAVA is investigational, is being evaluated in
an ongoing non-inferiority study for the treatment of wet AMD, and
if successful, the data may be sufficient for Outlook to resubmit a
BLA to the FDA in the United States.  If approved in the United
States, ONS 5010/LYTENAVA, would be the first approved ophthalmic
formulation of bevacizumab for use in retinal indications,
including wet AMD.

Philadelphia, Pennsylvania-based KPMG LLP, the Company's auditor
since 2015, issued a "going concern" qualification in its report
dated Dec. 27, 2024, citing that the Company has incurred recurring
losses from operations and negative cash flows from operations and
has an accumulated deficit, that raise substantial doubt about its
ability to continue as a going concern.

As of Sept. 30, 2024, Outlook Therapeutics had $28.82 million in
total assets, $101.90 million in total liabilities, and a total
stockholders' deficit of $73.08 million.


OUTLOOK THERAPEUTICS: Reclassifies L. Kenyon to Class III Director
------------------------------------------------------------------
Outlook Therapeutics, Inc. disclosed in a Form 8-K Report filed
with the U.S. Securities and Exchange Commission that ON January
30, 2025, in order to achieve an equal balance of membership among
the three classes of directors of the Board of Directors of the
Company, the Board determined that Lawrence A. Kenyon should be
reclassified from Class II, with a term expiring at the 2027 Annual
Meeting of Stockholders, to Class III, with a term expiring at the
2025 Annual Meeting of Stockholders.

Accordingly, and solely to effect such change, Mr. Kenyon resigned
as a Class II director and was immediately elected by the Board as
a Class III director, effective as of January 30, 2025.

The resignation and re-election of Mr. Kenyon was effected solely
to rebalance the Board's classes, and for all other purposes, Mr.
Kenyon's service on the Board is deemed to have continued
uninterrupted.

                    About Outlook Therapeutics

Headquartered in Iselin, New Jersey, Outlook Therapeutics --
www.outlooktherapeutics.com -- is a biopharmaceutical company
focused on the development and commercialization of
ONS-5010/LYTENAVA (bevacizumab-vikg; bevacizumab gamma), for the
treatment of retina diseases, including wet AMD.  LYTENAVA
(bevacizumab gamma) is the first ophthalmic formulation of
bevacizumab to receive European Commission and MHRA Marketing
Authorization for the treatment of wet AMD.  Outlook Therapeutics
is working to initiate its commercial launch of LYTENAVA
(bevacizumab gamma) in the EU and the UK as a treatment for wet
AMD, expected in the first half of calendar 2025.  In the United
States, ONS-5010/LYTENAVA is investigational, is being evaluated in
an ongoing non-inferiority study for the treatment of wet AMD, and
if successful, the data may be sufficient for Outlook to resubmit a
BLA to the FDA in the United States.  If approved in the United
States, ONS 5010/LYTENAVA, would be the first approved ophthalmic
formulation of bevacizumab for use in retinal indications,
including wet AMD.

Philadelphia, Pennsylvania-based KPMG LLP, the Company's auditor
since 2015, issued a "going concern" qualification in its report
dated Dec. 27, 2024, citing that the Company has incurred recurring
losses from operations and negative cash flows from operations and
has an accumulated deficit, that raise substantial doubt about its
ability to continue as a going concern.

As of Sept. 30, 2024, Outlook Therapeutics had $28.82 million in
total assets, $101.90 million in total liabilities, and a total
stockholders' deficit of $73.08 million.


PACE ROSEWOOD: Gets OK to Use Cash Collateral Until April 12
------------------------------------------------------------
Pace Rosewood Association, Inc. received interim approval from the
U.S. Bankruptcy Court for the District of Arizona to use cash
collateral.

The association requires the use of cash collateral to continue
paying certain expenses.

Western Alliance Bank is the only party known to the association
that claims or holds liens against the cash collateral.

As protection, Western Alliance Bank was granted replacement liens
on pre-bankruptcy and post-petition assets.

The court order will terminate on April 12 or upon the occurrence
of certain events, including the dismissal or conversion of Pace
Rosewood's Chapter 11 case to one under Chapter 7.

                  About Pace Rosewood Association

Pace Rosewood Association, Inc. is a condominium management
association.

Pace Rosewood sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Ariz. Case No. 24-04588) on June 7,
2024, listing up to $500,000 in assets and up to $10 million in
liabilities. Michael Peck, president of Pace Rosewood, signed the
petition.

Judge Paul Sala oversees the case.

Chad P. Miesen, Esq., at CHDB Law LLP, represents the Debtor as
legal counsel.

Western Alliance Bank, as secured creditor, is represented by:

     Janel M. Glynn, Esq.
     The Burgess Law Group
     3131 E. Camelback Road, Ste. 224
     Phoenix, AZ 85016
     Email: janel@theburgesslawgroup.com


PACE ROSEWOOD: Wins Approval to Use Cash Collateral
---------------------------------------------------
The United States Bankruptcy Court for the District of Arizona has
entered an order authorizing Pace Rosewood Association, Inc. to use
cash collateral and granting adequate protection to Western
Alliance Bank.

The court has authorized the Debtor to use cash collateral to pay
current and necessary expenses, including payments to the Secured
Creditor as per an approved budget.

The Debtor's budget outlines projected expenses of $10,732.54 to
$20,750.00 per week.

The court has granted adequate protection to the Secured Creditor,
including replacement liens on prepetition and post-petition
assets.

The order will terminate on April 12, 2025, or upon the occurrence
of certain events, including the entry of an order converting the
case to a case under Chapter 7 or dismissing the case.

                     About Pace Rosewood Association

Pace Rosewood Association, Inc. is a condominium management
association in Phoenix, Ariz.

The Debtor filed a petition under Chapter 11, Subchapter V of the
Bankruptcy Code (Bankr. D. Ariz. Case No. 24-04588) on June 7,
2024, with $100,000 to $500,000 in assets and $1 million to $10
million in liabilities. James Cross, Esq., at Cross Law Firm, PLC
serves as Subchapter V trustee.

Judge Paul Sala oversees the case.

The Debtor is represented by:

   Chad P. Miesen
   Chdb Law LLP
   Tel: 480-427-2800
   Email: chad.miesen@chdblaw.com


PARADIGM CHIROPRACTIC: Angela Shortall Named Subchapter V Trustee
-----------------------------------------------------------------
The Acting U.S. Trustee for Region 4 appointed Angela Shortall of
3Cubed Advisory Services, LLC, as Subchapter V trustee for Paradigm
Chiropractic and Performance, LLC.

Ms. Shortall will be paid an hourly fee of $525 for her services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.  

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

The Subchapter V trustee can be reached at:

     Angela L. Shortall
     3Cubed Advisory Services, LLC
     111 S. Calvert St., Suite 1400
     Baltimore, MD 21202
     Phone: 410-783-6385

            About Paradigm Chiropractic and Performance

Paradigm Chiropractic and Performance LLC is a healthcare provider
based in Washington DC. It operates a chiropractic practice
offering spinal adjustments, laser therapy, and pain management
services.

Paradigm Chiropractic and Performance LLC sought relief under
Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.C. Case No.
25-00034) on January 27, 2025. In its petition, the Debtor reports
estimated assets up to $50,000 and estimated liabilities.

The Debtor is represented by:

     Gertrude Ngamga Kamtchoum, Esq.
     Ngamga-K Law PLLC
     300 New Jersey Avenue, NW, Ste 900
     Washington, DC 20001
     Phone: 202-469-3445


PARLOR RESTAURANT: Stephen Metz Named Subchapter V Trustee
----------------------------------------------------------
The Acting U.S. Trustee for Region 4 appointed Stephen Metz of
Offit Kurman, P.A. as Subchapter V trustee for Parlor Restaurant
and Lounge, LLC.

Mr. Metz will be paid an hourly fee of $600 for his services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.

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

The Subchapter V trustee can be reached at:

     Stephen Metz
     Offit Kurman, P.A.
     7501 Wisconsin Avenue, Suite 1000W
     Bethesda, Maryland 20814
     Phone: (240) 507-1723
     Email: smetz@offitkurman.com

                About Parlor Restaurant and Lounge

Parlor Restaurant and Lounge LLC is a Washington DC-based
restaurant operator.

Parlor Restaurant and Lounge sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. D. Col. Case No. 25-00021) on January
15, 2025. In its petition, the Debtor reports estimated assets up
to $50,000 and estimated liabilities between $50,000 and $100,000.

Judge Elizabeth L. Gunn oversees the case.

The Debtor is represented by:

     Moqadas Islam, Esq.
     3692 Yorktown Village Pass
     Annandale, VA 22003
     Phone: 571-274-6834


PAVMED INC: Registers 166,667 Shares for Employee Stock Plan
------------------------------------------------------------
PAVmed Inc. filed a registration statement on Form S-8 with the
U.S. Securities and Exchange Commission to register an additional
166,667 shares of the Company's common stock issuable pursuant to
the Company's Second Amended and Restated Employee Stock Purchase
Plan, consisting of additional securities in accordance with
Section 3 thereof, and consists of only those items required by
General Instruction E to Form S-8.

The Company incorporated by reference into the registration
statement the contents of the prior registration statement on Form
S-8 relating to the Plan, filed with the Securities and Exchange
Commission on May 22, 2019 (File No. 333-231674), September 1, 2020
(File No. 333-248529), August 4, 2021 (File No. 333-258458), April
13, 2022 (File No. 333-264272), February 10, 2023 (File No.
333-269701), and February 6, 2024 (File No. 333-276903).

A full-text copy of the registration statement is available at:

                  https://tinyurl.com/4zf3f7v2

                           About PAVMed

Headquartered in New York, NY, PAVmed is structured to be a
multi-product life sciences company organized to advance a pipeline
of innovative healthcare technologies.  Led by a team of highly
skilled personnel with a track record of bringing innovative
products to market, PAVmed is focused on innovating, developing,
acquiring, and commercializing novel products that target unmet
needs with large addressable market opportunities.  Leveraging its
corporate structure -- a parent company that will establish
distinct subsidiaries for each financed asset -- the Company has
the flexibility to raise capital at the PAVmed level to fund
product development, or to structure financing directly into each
subsidiary in a manner tailored to the applicable product, the
latter of which is its current strategy given prevailing market
conditions.

Headquartered in New York, NY, Marcum LLP, the Company's auditor
since 2019, issued a "going concen" qualification in its report
dated March 25, 2024.  The report cites that the Company has a
significant working capital deficiency, has incurred significant
losses and needs to raise additional funds to meet its obligations
and sustain its operations.  These conditions raise substantial
doubt about the Company's ability to continue as a going concern.

The Company incurred a net loss attributable to PAVmed Inc. common
stockholders of approximately $66.3 million and had net cash flows
sed in operating activities of approximately $52.0 million for the
year ended Dec. 31, 2023.  As of Dec. 31, 2023, the Company had
negative working capital of approximately $29.7 million, with such
working capital inclusive of the Senior Secured Convertible Notes
classified as a current liability of an aggregate of approximately
$44.2 million and approximately $19.6 million of cash.

"The Company's ability to continue operations beyond March 2025,
will depend upon generating substantial revenue that is conditioned
upon obtaining positive third-party reimbursement coverage for its
EsoGuard Esophageal DNA Test from both government and private
health insurance providers, increasing revenue through contracting
directly with self-insured employers, and on its ability to raise
additional capital through various potential sources including
equity and/or debt financings or refinancing existing debt
obligations," PAVMed said in its 2023 Annual Report.


PAVMED INC: Registers 576,170 Shares for Long-Term Incentive Plan
-----------------------------------------------------------------
PAVmed Inc. filed a registration statement on Form S-8 with the
U.S. Securities and Exchange Commission to register an additional
576,170 shares of the Company's common stock issuable pursuant to
the Company's Fifth Amended and Restated 2014 Long-Term Incentive
Equity Plan, consisting of additional securities in accordance with
Section 3.1 thereof, and consists of only those items required by
General Instruction E to Form S-8.

The Company incorporated by reference into this registration
statement the contents of the prior registration statements on Form
S-8 relating to the Plan, filed with the Securities and Exchange
Commission on May 20, 2021 (File No. 333-256343), August 4, 2021
(File No. 333-258459), and April 13, 2022 (File No. 333-264271),
February 10, 2023 (File No. 333-269700), and February 6, 2024 (File
No. 333-276904).

A full-text copy of the registration statement is available at:

                  https://tinyurl.com/hkrptpnk

                           About PAVMed

Headquartered in New York, NY, PAVmed is structured to be a
multi-product life sciences company organized to advance a pipeline
of innovative healthcare technologies.  Led by a team of highly
skilled personnel with a track record of bringing innovative
products to market, PAVmed is focused on innovating, developing,
acquiring, and commercializing novel products that target unmet
needs with large addressable market opportunities.  Leveraging its
corporate structure -- a parent company that will establish
distinct subsidiaries for each financed asset -- the Company has
the flexibility to raise capital at the PAVmed level to fund
product development, or to structure financing directly into each
subsidiary in a manner tailored to the applicable product, the
latter of which is its current strategy given prevailing market
conditions.

Headquartered in New York, NY, Marcum LLP, the Company's auditor
since 2019, issued a "going concen" qualification in its report
dated March 25, 2024.  The report cites that the Company has a
significant working capital deficiency, has incurred significant
losses and needs to raise additional funds to meet its obligations
and sustain its operations.  These conditions raise substantial
doubt about the Company's ability to continue as a going concern.

The Company incurred a net loss attributable to PAVmed Inc. common
stockholders of approximately $66.3 million and had net cash flows
sed in operating activities of approximately $52.0 million for the
year ended Dec. 31, 2023.  As of Dec. 31, 2023, the Company had
negative working capital of approximately $29.7 million, with such
working capital inclusive of the Senior Secured Convertible Notes
classified as a current liability of an aggregate of approximately
$44.2 million and approximately $19.6 million of cash.

"The Company's ability to continue operations beyond March 2025,
will depend upon generating substantial revenue that is conditioned
upon obtaining positive third-party reimbursement coverage for its
EsoGuard Esophageal DNA Test from both government and private
health insurance providers, increasing revenue through contracting
directly with self-insured employers, and on its ability to raise
additional capital through various potential sources including
equity and/or debt financings or refinancing existing debt
obligations," PAVMed said in its 2023 Annual Report.


PDT INC: Unsecured Creditors Will Get 1.83% of Claims in Plan
-------------------------------------------------------------
PDT Inc. submitted a First Amended Plan of Reorganization under
Subchapter V dated January 30, 2025.

The Debtor updated its projections since its original Chapter 11
Plan of Reorganization to account for additional data that became
available along with more concrete projections now that Debtor
understands its post-petition operations with its vendors that were
contacted and influenced by Swift's pre-petition collection
activity and assertion of rights to receivables.

Class 3.1 contains unsecured claims that are not entitled to
priority under Code Section 507(a). Each allowed general unsecured
claim that is not disputed, contingent, or subject to a claim
objection or plan treatment stipulation will receive its pro rata
share equal to 1.83% of its allowed claim, to be disbursed in
quarterly installments or upon payment in full, whichever occurs
sooner. Members of this class include Capital One, American Express
National Bank, On Deck Capital, and Swift Funding California LLC.

Class 3.1 will receive a distribution of $10,248 of their allowed
claims. The amount of claims excluding contingent, unliquidated,
and disputed claims total $557,047.97.

Can Capital, Inc. is excluded from Class 3.1 and is instead
classified in Class 3.2. based upon a setoff in Debtor's projected
recovery of preferential or fraudulent transfers. The Debtor made a
payment to Can Capital Inc. of $6,666.67 on April 26, 2024, that
Debtor believes is subject to 11 U.S.C. §547. Barnhill v. Johnson
(1992) 503 U.S. 393, 394 ("Under the Bankruptcy Code's preference
avoidance section, 11 U.S.C. § 547, the trustee is permitted to
recover, with certain exceptions, transfers of property made by the
debtor within 90 days before the date the bankruptcy petition was
filed").

Another payment of $6,666.67 was paid through a debt settlement
company by way of Debtor's pre-petition assets. Debtor demanded the
return of the preference payment without success. Debtor's Plan
sets off any return to Can Capital and separately classifies the
claim so that they are not in a better position by the preference
payment than similarly situated unsecured claims.

The amount that Can Capital would receive as a general unsecured
creditor under the Plan in Class 3.1 would be 1.83% of its allowed
claim or less than $3,500. Because more than $3,500 was transferred
to Can Capital, Inc. as a preference payment, Can Capital, Inc. is
not entitled to an additional distribution under the Plan. The
allowed unsecured claims total $122,462.50.

The funding of the Plan will be by way of "available cash" on the
Effective Date of the Plan and from projected future disposable
income Debtor generates with post-confirmation operations.

A hearing on the confirmation of the plan is scheduled for March
27, 2025, at 325 West F. Street, San Diego, CA 92101 in Department
2. Ballots casting the vote to accept or reject the plan must be
returned by March 7, 2025.  

A full-text copy of the First Amended Plan dated January 30, 2025
is available at https://urlcurt.com/u?l=CDrz5Z from
PacerMonitor.com at no charge.

                           About PDT Inc.

PDT Inc. offers auto detailing products.

PDT Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code
(Bankr. S.D. Cal. Case No. 24-02171) on June 13, 2024. In the
petition signed by John Wilkoski, as president, the Debtor reports
total assets of $196,436 and total liabilities of $1,219,905.

The Honorable Bankruptcy Judge Christopher B. Latham oversees the
case.

The Debtor is represented by:

     Andy Warshaw, Esq.
     DIMARCO WARSHAW, APLC
     PO Box 704
     San Clemente, CA 92674
     Tel: (949) 345-1455
     Fax: (949) 417-9412
     Email: andy@dimarcowarshaw.com


PEACHY ATHLETIC: Claims to be Paid From Available Cash and Income
-----------------------------------------------------------------
Peachy Athletic, LLC filed with the U.S. Bankruptcy Court for the
Middle District of Florida a Plan of Reorganization for Small
Business dated January 30, 2025.

The Debtor is a Florida limited liability company formed on August
16, 2022. A predecessor limited liability company began operating
in Virginia in 2021, although the Virginia company ceased
operations in 2022. The Debtor sells athletic sportswear over the
internet.

The Debtor had obtained loans from merchant cash advance lenders.
The Debtor had been able to service the debt until the Debtor's
principal was unable to work for a significant period of time due
to back surgery. The Debtor attempted to renegotiate lower terms
with the MCA Lenders. While it made progress with some of the MCA
Lenders, one of the MCA Lenders refused to negotiate and froze
various accounts maintained by the Debtor.

The Debtor filed its bankruptcy case in order to preserve the going
concern value of its assets and to restructure its obligations. The
Debtor experienced issues at the outset of the case. The payment
provisions froze the Debtor's access to Funds being collected by
those entities. Once the freeze was lifted, the Debtor recommenced
sales. The Debtor is slowly rebuilidng its inventory and business
is gradually improving.

This Plan of Reorganization proposes to pay creditors of the Debtor
from proceeds from continuing operations. Creditors will receive
payments set forth in the Plan. In addition to fixed payments,
creditors will receive their pro-rata share of net disposable
income over the life of the Plan. The Debtor, as reorganized
pursuant to this Plan, is hereafter referred to as the "Reorganized
Debtor" in this Bankruptcy Case (the "Reorganized Case").

Class 10 consists of all non-priority unsecured claims allowed
under Section 502 of the Bankruptcy Code. Claims in Class 10 in the
amount of $177,980.53 have been scheduled or filed, although some
of the unsecured claims are disputed. Holders of allowed non
priority unsecured claims shall receive their pro-rata share of the
Unsecured Creditor Payment and Excess Cash Distribution. Class 10
is impaired by the Plan.

Class is comprised of all equity interests in the Debtor. All
shareholders will retain their equity interests in the Debtor. No
distributions will be made to equity shareholders until the
distributions to Class 7 have been made pursuant to the terms of
the Plan.

Payments required under the Plan will be funded from (i) existing
cash on hand on the Effective Date, and (ii) revenues generated by
continued operations.

A full-text copy of the Plan of Reorganization dated January 30,
2025 is available at https://urlcurt.com/u?l=zGtVtO from
PacerMonitor.com at no charge.

         About Peachy Athletic

Peachy Athletic, LLC sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. M.D. Fla. Case No. 24-06501) on November 1,
2024, with $100,001 to $500,000 in assets and $100,001 to $500,000
in liabilities.

Judge Roberta A. Colton oversees the case.

The Debtor is represented by:

   Scott A. Stichter, Esq.
   Stichter, Riedel, Blain & Postler, P.A.
   110 E. Madison St., Suite 200
   Tampa, FL 33602
   Phone: (813) 229-0144
   Email: sstichter.ecf@srbp.com


PINNACOL HOLDINGS: Hires Allen Vellone Wolf Helfrich as Counsel
---------------------------------------------------------------
Pinnacol Holdings, LLC seeks approval from the U.S. Bankruptcy
Court for the District of Colorado to employ Allen Vellone Wolf
Helfrich & Factor as counsel.

The firm will handle all matters concerning the administration of
the Estate, including preparation of the bankruptcy statements and
schedules, a plan of reorganization and disclosure statement, and
any contested matters or adversary proceedings.

The firm will be paid at these rates:

     Jeffrey Weinman                   $650 per hour
     Katharine Sender                  $425 per hour
     Other attorneys                   $325 to $725
     Paralegals                        $120 to $250

The firm received a prepetition retainer in the amount of $5,000.

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

Katharine S. Sender, Esq. a partner at Allen Vellone Wolf Helfrich
& Factor, 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:

      Katharine S. Sender, Esq.
      Allen Vellone Wolf Helfrich & Factor P.C.
      1600 Stout Street, Suite 1900
      Denver, CO 80202
      Telephone: (303) 534-4499
      Email: KSender@allen-vellone.com

              About Pinnacol Holdings, LLC

Pinnacol Holdings, LLC in Clovis, NM, sought relief under Chapter
11 of the Bankruptcy Code filed its voluntary petition for Chapter
11 protection (Bankr. D. Colo. Case No. 25-10480) on Jan. 29, 2025,
listing $0 to $50,000 in assets and $10 million to $50 million in
liabilities. Clayton R. Smith as president, signed the petition.

ALLEN VELLONE WOLF HELFRICH & FACTOR, P.C. serve as the Debtor's
legal counsel.


PINNACOL HOLDINGS: Seeks Chapter 11 Bankruptcy in Colorado
----------------------------------------------------------
On  January 29, 2025, Pinnacol Holdings LLC filed Chapter 11
protection in the U.S. Bankruptcy Court for the District of
Colorado.

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 Pinnacol Holdings LLC

Pinnacol Holdings LLC is a limited liability company.

Pinnacol Holdings LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Col. Case No. 25-10480) on  January 29,
2025. In its petition, the Debtor reports estimated assets up to
$50,000 and estimated liabilities between $10 million and $50
million.

The Debtor is represented by:

     Jeffrey Weinman, Esq.
     Allen Vellone Wolf Helfrich & Factor P.C.
     1600 Stout Street, Suite 1900
     Denver, CO 80202
     Phone: 303-534-4499
     Fax: 303-893-8332


PIVOTAL MED: Katharine Battaia Clark Named Subchapter V Trustee
---------------------------------------------------------------
The U.S. Trustee for Region 6 appointed Katharine Battaia Clark of
Thompson Coburn, LLP as Subchapter V trustee for Pivotal Med
Supply, LLC.

Ms. Clark will be paid an hourly fee of $525 for her services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.

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

The Subchapter V trustee can be reached at:

     Katharine Battaia Clark
     Thompson Coburn, LLP
     2100 Ross Avenue, Ste. 3200
     Dallas, TX 75201
     Office: 972-629-7100
     Mobile: 214-557-9180
     Fax: 972-629-7171
     Email: kclark@thompsoncoburn.com

                   About Pivotal Med Supply LLC

Pivotal Med Supply LLC headquartered in Southlake, Texas, operates
as a supplier of advanced surgical dressings and medical supplies,
including alginate, collagen, foam, hydrocolloid, and hydrogel
dressings, bandages, gauze, and tape products.

Pivotal Med Supply LLC sought relief under Subchapter V of Chapter
11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex. Case No. 25-40248)
on January 23, 2025. In its petition, 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 Richard G. Grant, Esq., at Culhane
Meadows, PLLC, in Dallas, Texas.


PRECISION CASTPARTS: Egan-Jones Hikes Sr. Unsecured Ratings to B+
-----------------------------------------------------------------
Egan-Jones Ratings Company on January 13, 2025, upgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Precision Castparts Corporation to B+ from B. EJR
also withdrew the rating on commercial paper issued by the
Company.

Headquartered in Portland, Oregon, Precision Castparts Corp.
manufactures and sells metal components.


PRESTIGE PROPERTY: Hires Rodriguez Espola as Accountant
-------------------------------------------------------
Prestige Property Group Inc. seeks approval from the U.S.
Bankruptcy Court for the District of Puerto Rico to employ
Rodriguez Espola (RELLC), LLC as accountant.

The firm will provide these services:

   a. review of accounting records for preparation of month and
year end accounting and financial reports;

   b. preparation of monthly reconciliations of all bank accounts;

   c. accumulation of payroll transactions to produce quarterly and
annual payroll tax returns; and

   d. preparation of liquidation analysis, financial projections,
claim reconciliation and related financial documents as support for
a Plan of Reorganization.

The firm will be paid at the rate of $500 per month.

Jerry Rodriquez Espola, a partner at Rodriguez Espola (RELLC), 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:

     Jerry Rodriquez Espola
     Rodriguez Espola (RELLC), LLC
     PO Box 194144
     San Juan, PR 00919-4144

              About Prestige Property Group Inc.

Prestige Property Group Inc. filed its voluntary petition for
relief under Chapter 11 of the Bankruptcy Code (Bankr. D.P.R. Case
No. 24-04852) on Nov. 8, 2024, listing $100,001 to $500,000 in
assets and $500,001 to $1 million in liabilities.

Jose M Prieto Carballo, Esq. at JPC LAW OFFICES represents the
Debtor as counsel.


PRIME ELECTRICAL: Gets OK to Use Cash Collateral Until March 26
---------------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Florida,
Orlando Division, issued a second preliminary order extending Prime
Electrical Services, LLC's authority to use cash collateral from
Jan. 16 to March 26.

The order authorized the company to use cash collateral to pay its
expenses, including payments of U.S. trustee quarterly fees, and
those expenses set forth in its budget, with a 10% variance for
each line item.

The budget projects net operational expenses of $31,901 for
January, February and March.

Secured creditors were granted a post-petition lien on cash
collateral to the same extent and with the same validity and
priority as their pre-bankruptcy liens.

The next hearing is scheduled for March 26.

                  About Prime Electrical Services

Prime Electrical Services, LLC manufactures relays and industrial
controls. It offers engineering, procurement, fabrication, and
field construction services for the drilling, industrial, heat
trace, production, and petrochemical industries. The company serves
customers in the United States.

Prime Electrical Services sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 24-06663) on
December 8, 2024, with total assets of $256,996 and total
liabilities of $5,419,312. Camell D. Williams, manager of Prime
Electrical Services, signed the petition.

Judge Tiffany P. Geyer handles the case.

The Debtor is represented by:

     Jeffrey S. Ainsworth, Esq.
     BransonLaw, PLLC
     1501 E. Concord Street
     Orlando, FL 32803
     Tel: 407-894-6834
     Email: jeff@bransonlaw.com


PROSPECT MEDICAL: Hires Sheppard Mullin as Special Counsel
----------------------------------------------------------
Prospect Medical Holdings, Inc. seeks approval from the U.S.
Bankruptcy Court for the Northern District of Texas to employ
Sheppard, Mullin, Richter, & Hampton LLP as special counsel.

The Debtor needs the firm's legal assistance in connection with a
case (Case No. HHD-CV24-6184328-S) pending in the U.S. District
Court for the District of Connecticut.

The firm will be paid at these rates:

     Robert S. Friedman    $1,125 per hour
     Eric Klein            $1,200 per hour
     Danielle Vrabie       $965 per hour
     Niora Ghazni          $910 per hour
     Natassia Kwan         $785 per hour
     Meghan Stuer          $780 per hour
     David Sanson          $765 per hour
     Micaela Manley        $750 per hour
     Ryan Portugal         $750 per hour
     Willa Sharpe          $560 per hour

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

The following is provided in response to the request for additional
information set forth in D.1. of the Revised Guidelines:

   Question:  Did you agree to any variations from, or
              alternatives to, your standard or customary billing
              arrangements for this engagement?

   Response:  No.

   Question:  Do any of the professionals included in this
              engagement vary their rate based on the geographic
              location of the bankruptcy case?

   Response:  No.

   Question:  If you represented the client in the 12 months
              prepetition, disclose your billing rates and
              material financial terms for the prepetition
              engagement, including any adjustments during the 12
              months prepetition. If your billing rates and
              material financial terms have changed postpetition,
              explain the difference and the reasons for the
              difference.

   Response:  The firm has represented the Debtors in the past 12
              months prepetition. The firm charged the Debtors
              their prevailing rates less a voluntary discount.
              The firm's rates are adjusted annually. The firm
              has applied a yearly and customary rate increase,
              but will continue to provide a discount to
              increased fees postpetition.

   Question:  Has your client approved your prospective budget
              and staffing plan, and, if so for what budget
              period?

   Response:  The firm has coordinated with the Debtors, and lead
              counsel, on a prospective budget and staffing plan
              through September 2025. The firm's prospective fees
              have been approved by the Debtors.

Robert S. Friedman, Esq., a partner at Sheppard, Mullin, Richter &
Hampton 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:

     Robert S. Friedman, Esq.
     Sheppard, Mullin, Richter, & Hampton LLP
     30 Rockefeller Plaza,
     New York, NY 10112
     Tel: (310) 228-3700
     Fax: (310) 228-3701

              About Prospect Medical Holdings

Prospect Medical Holdings owns Roger Williams Medical Center, Our
Lady of Fatima Hospital, and several other healthcare facilities.

Prospect Medical Holdings sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. N.D. Tex. Lead Case No. 25-80002) on
January 11, 2025. In the petition filed by Paul Rundell, as chief
restructuring officer, the Debtor reports estimated assets and
liabilities between $1 billion and $10 billion each.

Honorable Bankruptcy Judge Stacey G. Jernigan handles the case.

The Debtors' General Bankruptcy Counsel is Thomas R. Califano,
Esq., and Rakhee V. Patel, Esq., at Sidley Austin LLP, in Dallas,
Texas, and William E. Curtin, Esq., Patrick Venter, Esq., and Anne
G. Wallice, Esq., at Sidley Austin LLP, in New York.

The Debtors' Financial Advisor is ALVAREZ & MARSAL NORTH AMERICA,
LLC.

The Debtors' Investment Banker is HOULIHAN LIKEY, INC.

The Debtors' Claims, Noticing & Solicitation Agent is OMNI AGENT
SOLUTIONS, INC.


PROSPECT MEDICAL: Inks Temporary Deal to Prevent Hospital Closures
------------------------------------------------------------------
Jonathan Randles and Dorothy Ma of Bloomberg News report that
Prospect Medical Holdings Inc., a bankrupt health system, has
received court approval to transfer operations of its Pennsylvania
hospitals to a state-backed receiver, securing a last-minute deal
to prevent potential closures of critical healthcare facilities.

Under the agreement approved February 6, by Judge Stacey Jernigan,
advisory firm FTI Consulting Inc. will take over hospital
operations, according to the report.  Pennsylvania Attorney General
Dave Sunday appointed FTI as a private trustee to oversee the
facilities, the report related.  Facing severe liquidity issues,
Prospect is using this temporary arrangement to keep the hospitals
running while seeking new ownership, the report said.

                    About Prospect Medical Holdings Inc.

Prospect Medical Holdings owns Roger Williams Medical Center, Our
Lady of Fatima Hospital, and several other healthcare facilities.

Prospect Medical Holdings sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. N.D. Tex. Lead Case No. 25-80002) on
January 11, 2025. In the petition filed by Paul Rundell, as chief
restructuring officer, the Debtor reports estimated assets and
liabilities between $1 billion and $10 billion each.

Honorable Bankruptcy Judge Stacey G. Jernigan handles the case.

The Debtors' General Bankruptcy Counsel is Thomas R. Califano,
Esq., and Rakhee V. Patel, Esq., at Sidley Austin LLP, in Dallas,
Texas, and William E. Curtin, Esq., Patrick Venter, Esq., and Anne
G. Wallice, Esq., at Sidley Austin LLP, in New York.

The Debtors' Financial Advisor is ALVAREZ & MARSAL NORTH AMERICA,
LLC.

The Debtors' Investment Banker is HOULIHAN LIKEY, INC.

The Debtors' Claims, Noticing & Solicitation Agent is OMNI AGENT
SOLUTIONS, INC.


PROSPECT MEDICAL: Receiver Assumes Control of Bankrupt Hospitals
----------------------------------------------------------------
Steven Church of Bloomberg News reports that a court has approved
bankrupt health system Prospect Medical Holdings Inc. to transfer
control of its Pennsylvania hospitals to a state-backed receiver,
avoiding the potential shutdown of vital healthcare facilities.

            About Prospect Medical Holdings Inc.

Prospect Medical Holdings owns Roger Williams Medical Center, Our
Lady of Fatima Hospital, and several other healthcare facilities.

Prospect Medical Holdings sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. N.D. Tex. Lead Case No. 25-80002) on
January 11, 2025. In the petition filed by Paul Rundell, as chief
restructuring officer, the Debtor reports estimated assets and
liabilities between $1 billion and $10 billion each.

Honorable Bankruptcy Judge Stacey G. Jernigan handles the case.

The Debtors' General Bankruptcy Counsel is Thomas R. Califano,
Esq., and Rakhee V. Patel, Esq., at Sidley Austin LLP, in Dallas,
Texas, and William E. Curtin, Esq., Patrick Venter, Esq., and Anne
G. Wallice, Esq., at Sidley Austin LLP, in New York.

The Debtors' Financial Advisor is ALVAREZ & MARSAL NORTH AMERICA,
LLC.

The Debtors' Investment Banker is HOULIHAN LIKEY, INC.

The Debtors' Claims, Noticing & Solicitation Agent is OMNI AGENT
SOLUTIONS, INC.


PROSPECT MEDICAL: Seeks to Hires Ordinary Course Professionals
--------------------------------------------------------------
Prospect Medical Holdings, Inc. and its affiliates seek approval
from the U.S. Bankruptcy Court for the Northern District of Texas
to retain non-bankruptcy professionals in the ordinary course of
business.

The Debtors need ordinary course professionals to perform services
for matters unrelated to these Chapter 11 cases.

The Debtors seek to pay OCPs 100 percent of the fees and expenses
incurred.

The Debtors do not believe that any of the ordinary course
professionals have an interest materially adverse to them, their
estates, creditors, or other parties in interest in connection with
the matter upon which they are to be engaged.

The OCPs include:

     Adler Pollock & Sheehan P.C.
     Legal

     Bershtein, Volpe & McKeon P.C.
     Legal

     Bird Marella LLP
     Legal

     Hooper Lundy & Bookman
     Legal

     Principal Financial Group
     Actuarial

     The Wagner Law Group
     Advisory

     Ansa Assuncao LLP
     Legal

     ASW Law Limited
     Legal

     Baker, Donelson, Bearman, Caldwell & Berkowitz, PC
     Legal

     Baker & Hostetler LLLP
     Legal

     Ballard Rosenberg Golper & Savitt, LLP
     Legal

     Bartko LLP
     Legal

     Law Offices of Bella Reyes LLC
     Legal

     Kinsel Forensic Accounting LLP
     Accounting

     KPMG LLP
     Accounting

     Kring & Chung LLP
     Legal

     Littler Mendelson P.C.
     Legal

     McElroy, Deutsch, Mulvaney & Carpenter, LLP
     Legal

     Meyers Nave
     Legal

     Milliman, Inc.
     Accounting

     McGuireWoods LLP
     Legal

     Rutan $ Tucker, LLP
     Legal

     Law Offices of Stephenson Acquisto & Colman, Inc.
     Legal

     Tabas & Rosen, P.C.
     Legal

     Yoon LLP
     Legal

     Law Offices of Yvette M. Rogers
     Legal

     Adler, Cohen, Harvey, Wakeman & Guekguezian LLP
     Legal

     Barker Patterson Nichols, LLP
     Legal

     Barton Gilman LLP
     Legal

     Cooney, Scully & Dowling
     Legal

     Danaher Lagnese, PC
     Legal

     Eckert Seamans Cherin & Mellot, LLC
     Legal

     Gerolamo McNulty Divis Lewbart & Fox P.C.
     Legal

     Halloran & Sage LLP
     Legal

     Kilcoyne & Nesbitt, LLC
     Legal

     Lewis Brisbois Bisgaard & Smith LLP
     Legal

     Liebl, Miretsky & Mosely, LLP
     Legal

     Marshall Dennehey Warner Coleman & Goggin, P.C.
     Legal

     Neubert, Pepe & Monteith, P.C.
     Legal

     Ratcliffe Harten & Galamaga
     Legal

     Post & Post LLC
     Legal

     Post & Schell, P.C.
     Legal

     Stockman O'Connor PLLC
     Legal

     West & Roas, LLP
     Legal

     Wilson Getty LLP
     Legal

              About Prospect Medical Holdings, Inc.

Prospect Medical Holdings owns Roger Williams Medical Center, Our
Lady of Fatima Hospital, and several other healthcare facilities.

Prospect Medical Holdings sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. N.D. Tex. Lead Case No. 25-80002) on
January 11, 2025. In the petition filed by Paul Rundell, as chief
restructuring officer, the Debtor reports estimated assets and
liabilities between $1 billion and $10 billion each.

Honorable Bankruptcy Judge Stacey G. Jernigan handles the case.

The Debtors' General Bankruptcy Counsel is Thomas R. Califano,
Esq., and Rakhee V. Patel, Esq., at Sidley Austin LLP, in Dallas,
Texas, and William E. Curtin, Esq., Patrick Venter, Esq., and Anne
G. Wallice, Esq., at Sidley Austin LLP, in New York.

The Debtors' Financial Advisor is ALVAREZ & MARSAL NORTH AMERICA,
LLC.

The Debtors' Investment Banker is HOULIHAN LIKEY, INC.

The Debtors' Claims, Noticing & Solicitation Agent is OMNI AGENT
SOLUTIONS, INC.


PROSPECT MEDICAL: U.S. Trustee Appoints Suzanne Koenig as PCO
-------------------------------------------------------------
Lisa Lambert, the U.S. Trustee for Region 6, appointed Suzanne
Koenig as patient care ombudsman for Medical Properties Trust Inc.
and its affiliates.

To the best of her knowledge, Ms. Koenig has no connections with
Medical Properties Trust, creditors and any other parties in
interest except as set forth in her verified statement.

The ombudsman may be reached at:

     Suzanne Koenig, CEO
     SAK Healthcare
     300 Saunders Road, Suite 300
     Riverwoods, IL 60015
     Phone: 847-446-8400
     Email: skoenig@sakhealthcare.com

                   About Prospect Medical Holdings

Prospect Medical Holdings owns Roger Williams Medical Center, Our
Lady of Fatima Hospital, and several other healthcare facilities.

Prospect Medical Holdings and its affiliates filed Chapter 11
petitions (Bankr. N.D. Texas Lead Case No. 25-80002) on January 11,
2025. At the time of the filing, Prospect Medical Holdings reported
between $1 billion and $10 billion in both assets and liabilities.


Judge Stacey G. Jernigan handles the cases.

The Debtors' bankruptcy attorneys are Thomas R. Califano, Esq., and
Rakhee V. Patel, Esq., at Sidley Austin LLP, in Dallas, Texas; and
William E. Curtin, Esq., Patrick Venter, Esq., and Anne G. Wallice,
Esq., at Sidley Austin LLP, in New York.

The Debtors also tapped Alvarez & Marsal North America, LLC as
financial advisor; Houlihan Lokey, Inc. as investment banker; and
Omni Agent Solutions, Inc. as claims, noticing and solicitation
agent.


QURATE RETAIL: Conference Call on Q4 2024 Earnings Set for Feb. 27
------------------------------------------------------------------
Qurate Retail, Inc. will host a conference call to discuss results
for the fourth quarter of 2024 on Thursday, February 27th at 5:00
p.m. E.T. After the close of market trading that day, Qurate Retail
will issue a press release reporting such results, which can be
found at
https://www.qurateretail.com/investors/news-events/press-releases.
The press release and conference call may discuss Qurate Retail's
financial performance and outlook, as well as other forward looking
matters.  

Please call InComm Conferencing at (877) 704-4234 or +1 (215)
268-9904, confirmation code 13748875, at least 10 minutes prior to
the call. Callers will need to be on a touch-tone telephone to ask
questions. The conference administrator will provide instructions
on how to use the polling feature.

In addition, the conference call will be broadcast live via the
Internet. All interested participants should visit the Qurate
Retail website at
https://www.qurateretail.com/investors/news-events/ir-calendar to
register for the webcast. Links to the press release and replay of
the call will also be available on the Qurate Retail website. The
conference call will be archived on the website after appropriate
filings have been made with the SEC.

                        About Qurate Retail

Headquartered in Englewood, Colorado, Qurate Retail, Inc. comprised
of six retail brands - QVC, HSN, Ballard Designs, Frontgate, Garnet
Hill and Grandin Road.  Qurate Retail Group is the largest player
in video commerce ("vCommerce"), which includes video-driven
shopping across linear TV, ecommerce sites, digital streaming and
social platforms.  The retailer reaches more than 200 million homes
worldwide via 15 television channels, which are widely available on
cable/satellite TV, free over-the-air TV, and digital livestreaming
TV.  The retailer also reaches millions of customers via its QVC+
and HSN+ streaming experience, websites, mobile apps, social pages,
print catalogs, and in-store destinations.  Qurate Retail, Inc.
also holds various minority interests.

Qurate Retail reported a net loss of $94 million for the year ended
Dec. 31, 2023, compared to a net loss of $2.53 billion for the year
ended Dec. 31, 2022.

Qurate Retail received written notice from the Nasdaq Stock Market
on June 10, 2024 notifying the Company of its non-compliance with
the minimum bid price requirement for continued listing of the
Company's Series A common stock on the Nasdaq Global Select Market.
The Company thereafter had 180 calendar days to regain compliance
with the Minimum Bid Price Requirement or to transfer to the Nasdaq
Capital Market and request an additional 180-day extension to
comply with the Minimum Bid Price Requirement.  Effective the
opening of business on Dec. 2, 2024, QRTEA, the Company's Series B
common stock, and the Company's 8.0% Series A Cumulative Redeemable
Preferred Stock were transferred from the Nasdaq Global Select
Market to the Nasdaq Capital Market.  On Dec. 10, 2024, Nasdaq
granted the Company an additional 180-day extension, or until June
9, 2025, to comply with the Minimum Bid Price Requirement.

                           *    *    *

As reported by TCR on April 22, 2024, S&P Global Ratings revised
its outlook to stable from negative and affirmed all its ratings on
U.S.-based video commerce and online retailer Qurate Retail Inc.,
including its 'CCC+' Company credit rating.  The stable outlook
reflects S&P's expectation that Qurate will maintain sufficient
liquidity over the next 12 months despite its view that its capital
structure remains unsustainable, as further cost reductions offset
sales weakness and support profit recovery.


RAPID DRY: Seeks to Hire Baumeister Denz as Bankruptcy Counsel
--------------------------------------------------------------
Rapid Dry Inc. seeks approval from the U.S. Bankruptcy Court for
the Western District of New York to hire Baumeister Denz, LLP to
handle its Chapter 11 case.

Arthur Baumeister, Jr., Esq., the primary attorney in this
representation, will be paid at his hourly rate of $350.

Prior to the petition date, the firm received a retainer of
$22,000.

Mr. Baumeister 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:

     Arthur G. Baumeister, Jr., Esq.
     Baumeister Denz, LLP
     174 Franklin Street, Suite 2
     Buffalo, NY 14202
     Telephone: (716) 852-1300
     Email: abaumesiter@bdlegal.net

       About Rapid Dry Inc.

Rapid Dry Inc., doing business as IRock Plumbing, offers 24/7 water
damage restoration, cleanup, and dehumidification services.

Rapid Dry sought relief under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. W.D.N.Y. Case No. 25-10009) on January 6, 2025. In its
petition, Rapid Dry reported assets of up to $50,000 and
liabilities of between $1 million and $10 million.

Judge Carl L. Bucki oversees the case.

The Debtor is represented by Arthur G Baumeister, Jr., Esq.


REITER BROTHERS: Gets Interim OK to Use Cash Collateral
-------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Florida
issued an interim order authorizing Reiter Brothers, Inc. to use
the cash collateral of its lenders.

The interim order signed by Judge Scott Grossman approved the use
of cash collateral to pay the expenses set forth in the company's
30-day budget, which shows total projected expenses of $31,338.

The court order granted adequate protection to lenders in the form
of a replacement lien on the company's post-petition property.

The next hearing is scheduled for Feb. 20.

                    About Reiter Brothers Inc.

Reiter Brothers Inc. is a Hollywood, Florida-based furniture
manufacturer operating as Vannucchi Brothers.

Reiter Brothers filed a petition under Chapter 11, Subchapter V of
the Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-10190) on January
9, 2025, with $50,000 to $100,000 in assets and $500,000 to $1
million in liabilities. Tarek Kiem, Esq., at Kiem Law, PLLC serves
as Subchapter V trustee.

Judge Scott M. Grossman oversees the case.

The Debtor is represented by Robert A. Stiberman, Esq., at
Stiberman Law, P.A.


RELIABLE ROADSIDE: Unsecureds Will get 1.3% of Claims in Plan
-------------------------------------------------------------
Reliable Roadside Services, Inc., filed with the U.S. Bankruptcy
Court for the District of Maryland a Subchapter V Plan dated
January 30, 2025.

Reliable was founded on February 12, 2018 and is incorporated under
the laws of the State of Maryland. Reliable provides towing
services primarily through its contract with AAA Club Alliance,
Inc.

The filing of this case was precipitated by a judgment in the
Circuit Court for Anne Arundel County in favor of Gurpreet Singh
against the Debtor and its principals in the amount of $393,400
(the "Singh Judgment").

The value of the property to be distributed under the Plan during
the term of the Plan is not less than the Debtor's projected
disposable income for that same period. Unsecured creditors holding
allowed claims will receive distributions, which the Debtor has
valued at approximately 1.3 cents on the dollar. The Plan also
provides for the payment of secured, administrative, and priority
claims in accordance with the Bankruptcy Code.

The Effective Date of this Plan is the first business day following
the date that the Confirmation Order becomes a final,
non-appealable order, and the term of the Plan ends on the 36th
month subsequent to that date.

Class 4 consists of General Unsecured Creditors. The General
Unsecured Creditors consist of the Internal Revenue Service,
JPMorgan Chase Bank, N.A., Capital One, N.A., American Express
National Bank, Cellco Partnership d/b/a Verizon Wireless, and
Gurpreet Singh. After payments of Classes 1-3 Class 4 will receive
a pro-rata share of all actual disposable income of the Debtor.

The allowed unsecured claims total $276,000. This Class will
receive a distribution of 1.3% of their allowed claims. This Class
is impaired.

Beginning thirty days after the Effective Date and during the term
of this Plan, the Debtor shall submit the disposable income (or
value of such disposable income) necessary for the performance of
this plan to the creditors directly and shall pay the Creditors the
sums set forth herein. Should the plan not be confirmed as a
consensual plan ("Nonconsensual"), the Debtor shall submit its
disposable income to the Subchapter V Trustee and shall pay the
Trustee the sums set forth herein and the Trustee will make
quarterly distributions to creditors.

A full-text copy of the Subchapter V Plan dated January 30, 2025 is
available at https://urlcurt.com/u?l=M6JdRn from PacerMonitor.com
at no charge.

                     About Reliable Roadside Services

Reliable Roadside Services Inc. is a towing service provider in
Maryland.

Reliable Roadside Services Inc. sought relief under Subchapter V of
Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Md. Case No.
24-15728) on July 9, 2024. In the petition filed by Jasvir Singh,
as president, the Debtor reports total assets of $358,038 and total
liabilities of $1,188,351.

The Honorable Bankruptcy Judge David E. Rice oversees the case.

The Debtor is represented by:

     Michael P. Coyle, Esq.
     THE COYLE LAW GROUP
     7061 Deepage Drive
     Columbia, MD 21045
     Tel: (443) 545-1215
     Email: mcoyle@thecoylelawgroup.com


RFNA LP: Fitch Assigns 'B+(EXP)' LongTerm IDR, Outlook Stable
-------------------------------------------------------------
Fitch Ratings has assigned RFNA, LP (Republic Finance) a first-time
expected Long-Term Issuer Default Rating (IDR) of 'B+(EXP)'. The
Rating Outlook is Stable.

Fitch has also assigned RFNA's announced $400 million unsecured
debt issuance an expected rating of 'B+(EXP)' with a Recovery
Rating of 'RR4'. Proceeds from the issuance will be used to repay
outstanding secured debt, distribute a dividend to the company's
partners, and for general corporate purposes. The fixed rate of
interest and final maturity date will be determined at the time of
issuance.

Key Rating Drivers

Financial Profile Supports the Rating: Republic Finance's rating is
supported by its relatively consistent profitability and
appropriate leverage, adequate funding flexibility and liquidity,
and credit performance that is in line with expectations for the
risk profile of the portfolio and the rating category.

Modest Franchise, Risk Profile Constrain Rating: The ratings are
constrained by Republic Finance's modest franchise and nominal
market share, monoline business model with high subprime exposure,
elevated geographical concentrations, and partial private equity
ownership, which increases the possibility of shareholder-friendly
actions and adds long-term strategic uncertainty.

Improving Scale, Limited Product Diversification: Republic Finance
has grown its franchise primarily through de novo branch openings,
operating 259 total branches across 16 states as of 3Q24. The
company supplements its lending income with fee-based insurance
products, but lacks the revenue diversification of peers that offer
a wider range of products, such as direct auto purchase loans. This
is partially mitigated by the presence of secured collateral in 77%
of the loan portfolio as of 3Q24, which should reduce overall
performance volatility.

Asset Quality Stabilizing: Asset performance has improved in recent
quarters, with 30+ day delinquencies of 11.6% at 3Q24, down from
13.7% at YE 2023 and 14.4% at YE 2022. Credit performance weakened
notably in 2022-2023, with delinquencies exceeding pre-pandemic
levels despite the company ceasing originations with average
percentage rates (APR) above 36% in July 2021. This led the company
to tighten its underwriting standards throughout 2022, with the
stronger portfolio mix driving improved performance.

Net charge-offs were 9.2% in 9M24 (annualized), an improvement from
12.9% in 2023 and 13.2% in 2022. Fitch expects performance to
continue to improve in the near term as the portfolio mix
strengthens. Still, Fitch believes the company's customer base,
which is already challenged by high inflation, will be particularly
vulnerable to economic stresses such as rising unemployment.

Solid Profitability: Profitability, measured as pre-tax return on
average assets (ROAA), was 4.1% in 9M24 (annualized), consistent
with 4.4% in 2023 and 4.5% in 2022. Republic Finance promptly
slowed originations in response to weaker performance indicators in
2022, which reduced provisioning expense in 2023 and resulted in
more stable profitability than peers during the period. Still,
profitability remains highly sensitive to consumer credit
performance given the business model.

Appropriate Leverage: Fitch views Republic Finance's leverage
(debt/tangible equity) as appropriate for the risk profile of the
portfolio. Leverage was 4.7x at 3Q24, pro forma the $400 million
unsecured debt issuance, $325 million secured debt paydown and $50
million dividend, up from 3.9x prior to the issuance and 3.9x at YE
2023. The pro forma metric corresponds to Fitch's 'bb' category
quantitative benchmark range of 4x-7x for balance sheet-heavy
finance and leasing companies with a sector risk operating
environment (SROE) score in the 'bbb' category.

Management evaluates leverage on a debt to tangible equity plus
reserves basis. Republic Finance's loan loss reserve increased
substantially following the adoption of CECL accounting standards
in January 2023. Debt to tangible equity plus reserves was 3.3x at
3Q24, pro forma for the debt issuance, which is within management's
target range of 3x-4x. This translates to approximately 4.2x-5.7x
leverage as calculated by Fitch, as Fitch excludes loan loss
reserves in its core leverage metric.

Republic Finance had $267 million of preferred equity shares
outstanding at Sept. 30, 2024. Fitch assessed the preferred equity
shares under the "Corporate Rating Criteria", which is the
applicable criteria for instruments that are held by affiliated
investors whose economic and strategic interests are expected to
remain aligned with those of common equity holders. Fitch treated
the preferred equity as equity in its leverage calculation because
it does not increase the probability of default of the rated entity
and is considered permanent, loss-absorbing capital.

Secured Funding Profile: Republic Finance's funding profile is
largely secured, which Fitch views less favorably due to the
encumbrance of assets and limited financial flexibility during
periods of stress. Pro forma the inaugural unsecured issuance,
unsecured debt would comprise 25.4% of total debt at 3Q24, within
Fitch's 'bb' category quantitative benchmark range of 10%-35% for
balance sheet-heavy finance and leasing companies with a SROE score
in the 'bbb' category. Fitch would view further increases in
funding diversification and unencumbered assets as incrementally
credit positive.

Adequate Liquidity: Fitch views Republic Finance's cash liquidity
of $38 million at 3Q24, pro forma for the debt issuance, as
sufficient to support its operations and near-term funding
obligations. The unsecured notes are expected to mature in February
2030 and both warehouse facilities have remaining tenors greater
than one year. The warehouse facilities are expected to be extended
prior to their maturity dates.

Additionally, the company had approximately $464 million of
unencumbered receivables at 3Q24, pro forma the paydown of the ABL
facility with unsecured debt proceeds, which could be borrowed
against with undrawn warehouse capacity or securitized. The company
plans to distribute a $50 million dividend to its partners in 1Q25,
funded with proceeds from the debt issuance, which Fitch views as
negative for capital levels.

Stable Outlook: The Stable Outlook reflects Fitch's expectation
that leverage will increase modestly but remain below 6x, credit
performance will remain relatively stable, and the unsecured
funding mix will be sustained above 15% of total debt.

RATING SENSITIVITIES

Factors that Could, Individually or Collectively, Lead to Negative
Rating Action/Downgrade

- Upon settlement of the announced transaction, Fitch would expect
to convert the expected IDR and expected unsecured debt rating to
final ratings. Failure to execute on the unsecured debt issuance
would result in the assignment of a final IDR of 'B';

- Sustained deterioration in credit performance, including net
charge-offs sustained above 10%;

- Sustained increase in leverage above 7x (unadjusted for CECL);

- Sustained decrease in the unsecured debt mix below 10% of total
debt;

- Sustained decline in ROAA below 3%;

- Sustained increase in the risk profile of the portfolio, as
evidenced by weaker credit quality borrowers or lower presence of
secured collateral;

- Inability to access term funding;

- The imposition of new and more onerous regulations that
negatively impact Republic Finance's ability to execute on its
business model.

Factors that Could, Individually or Collectively, Lead to Positive
Rating Action/Upgrade

- Improvement to the business profile through market share gains
that enhance Republic Finance's franchise, geographical expansion
within the U.S. or further product diversification;

- Maintenance of unsecured debt above 25% of total debt;

- A sustained decline in leverage below 4x;

- Continued maintenance of charge-offs within management's target
range through credit cycles.

DEBT AND OTHER INSTRUMENT RATINGS: KEY RATING DRIVERS

The expected senior unsecured debt rating is equalized with the
expected Long-Term IDR, reflecting Fitch's expectation of average
recovery prospects in a stress scenario. Fitch would expect to
convert the expected unsecured debt rating of 'B+(EXP)' to a final
rating of 'B+' upon settlement of the announced transaction.

DEBT AND OTHER INSTRUMENT RATINGS: RATING SENSITIVITIES

The expected senior unsecured debt rating is primarily sensitive to
changes in the Long-Term IDR, the funding mix, and availability of
unencumbered assets to support recovery prospects in a stressed
scenario.

ADJUSTMENTS

- The Standalone Credit Profile (SCP) has been assigned in line
with the implied SCP.

- The Business Profile score has been assigned below the implied
score due to the following adjustment reasons: Business model
(negative), Market position (negative).

- The Earnings & Profitability score has been assigned below the
implied score due to the following adjustment reason: Portfolio
risk (negative).

- The Capitalization & Leverage score has been assigned below the
implied score due to the following adjustment reasons: Historical
and future metrics (negative), Portfolio profile and business model
(negative).

- The Funding, Liquidity & Coverage score has been assigned below
the implied score due to the following adjustment reason: Business
model/Funding market convention (negative).

Criteria Variation

Fitch's "Corporate Rating Criteria" states that instruments that
are held by affiliated investors whose economic and strategic
interests are expected to remain aligned with those of common
equity may be treated as "non-debt" of the rated entity. In this
case, Fitch has treated the preferred equity as equity in its
leverage calculations, which represents a criteria variation. Fitch
does not believe the use of such variation had a measurable impact
on the rating given offsetting adjustments to the capitalization
and leverage score and the influence of other key rating drivers.

Date of Relevant Committee

31 January 2025

ESG Considerations

RNFA, LP has an ESG Relevance Score of '4' for Customer Welfare -
Fair Messaging, Privacy & Data Security due to the importance of
fair collection practices and consumer interactions and the
regulatory focus on them, which has a negative impact on the credit
profile and is relevant to the ratings in conjunctions with other
factors.

RNFA, LP has an ESG Relevance Score of '4' for Governance Structure
due to due to the presence of private equity ownership, which has a
negative impact on the credit profile and is relevant to the
ratings in conjunction with other factors.

Except for the matters discussed above, the highest level of ESG
credit relevance, if present, is a score of '3'. This means ESG
issues are credit-neutral or have only a minimal credit impact on
the entity, due to either their nature or the way in which they are
being managed by the entity.

   Entity/Debt              Rating                   Recovery   
   -----------              ------                   --------   
RFNA, LP              LT IDR B+(EXP) Expected Rating

   senior unsecured   LT     B+(EXP) Expected Rating   RR4


RKSR INVESTMENTS: Seeks to Hire Lone Star Appraisals as Appraiser
-----------------------------------------------------------------
RKSR Investments seeks approval from the U.S. Bankruptcy Court for
the Western District of Texas to hire Lone Star Appraisals &
Realty, Inc.

The firm will perform an appraisal of the Debtor's property located
at 3000 Glacier Pass Lane, Cedar Park, Williamson County, Texas
78613.

The firm will charge a flat fee of $8,000.

Chris P. Giesbach, president of Lone Star Appraisals & Realty,
assured the court that the firm does not hold or represent an
interest adverse to the estate.

The firm can be reached through:

     Chris P. Giesbach
     Lone Star Appraisals & Realty, Inc.
     129 Sailfish Street
     Lakeway, TX 78734
     Office: (512) 260-1221
     Cell: (512) 426-0087

         About RKSR Investments LLC

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

RKSR Investments LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. W.D. Tex. Case No. 24-11528) on December 2,
2024. In the petition filed by Dr. Narendra Punjabi, as manager,
the Debtor reports estimated assets and liabilities between $1
million and $10 million each.

Honorable Bankruptcy Judge Shad Robinson oversees the case.

The Debtor is represented by Stephen W. Sather, Esq. at BARRON &
NEWBURGER, P.C.


ROGERS COMMUNICATIONS: S&P Rates Canadian Subordinated Notes 'BB'
-----------------------------------------------------------------
S&P Global Ratings assigned its 'BB' issue-level rating to Rogers
Communications Inc.'s (RCI) proposed fixed-to-fixed rate
subordinated notes (30NC5 and 30NC10 notes) due April 15, 2055. The
company intends to use the net proceeds from these notes to fund
upcoming maturities or prefund the acquisition of its 37.5%
interest in MLSE.

S&P said, "We classify these notes as hybrid securities with
intermediate equity content (50%). This reflects the offering's
permanence, subordination, and deferability features. In line with
our criteria, we will reclassify the notes as having minimal equity
content after April 15, 2035, because the remaining period until
maturity will be less than 20 years.

"We rate these securities two notches below our 'BBB-' long-term
issuer credit rating on RCI to reflect their subordination and
management's ability to defer interest payments on the instrument.

"The long-term nature of the subordinated debentures, along with
the company's limited ability and lack of incentives to redeem the
issuance of a long-dated period, meets our standards for
permanence. RCI has emphasized its willingness to maintain the
instrument as part of its permanent capital structure. In the event
RCI were to redeem either of the instruments before the effective
maturity date, they must be replaced with an equivalent or stronger
equity content instrument issued up to or on the date the original
hybrid is redeemed. The instruments are subordinated to all RCI's
existing and future senior debt obligations, thereby satisfying the
condition for subordination. In addition, the interest payments are
deferrable, which fulfills the deferability element."



ROGERS COMMUNICATIONS: S&P Rates New US$-Denominated Sub Notes 'BB'
-------------------------------------------------------------------
S&P Global Ratings assigned its 'BB' issue-level rating to Rogers
Communications Inc.'s (RCI) proposed US$-denominated fixed-to-fixed
rate subordinated notes (30NC5 and 30NC10 notes) due April 15,
2055. The company intends to use the net proceeds from these notes
to fund upcoming maturities and prefund the acquisition of its
37.5% interest in MLSE.

S&P said, "We classify these notes as hybrid securities with
intermediate equity content (50%). This reflects the offering's
permanence, subordination, and deferability features. In line with
our criteria, we will reclassify the notes as having minimal equity
content after April 15, 2035, because the remaining period until
maturity will be less than 20 years.

"We rate these securities two notches below our 'BBB-' long-term
issuer credit rating on RCI to reflect their subordination and
management's ability to defer interest payments on the
instrument."

The long-term nature of the subordinated debentures, along with the
company's limited ability and lack of incentives to redeem the
issuance meets our standards for permanence. RCI has emphasized its
willingness to maintain the instrument as part of its permanent
capital structure. In the event RCI were to redeem either of the
instruments before the effective maturity date, they must be
replaced with an equivalent or stronger equity content instrument
issued up to or on the date the original hybrid is redeemed. The
instruments are subordinated to all RCI's existing and future
senior debt obligations, thereby satisfying the condition for
subordination. In addition, the interest payments are deferrable,
which fulfills the deferability element.




ROSA COPLON: Voluntary Chapter 11 Case Summary
----------------------------------------------
Debtor: Rosa Coplon Jewish Home & Infirmary
        2700 North Forest Road
        Getzville, NY 14068

Business Description: The Debtor manages and runs a nursing care
                      facility.

Chapter 11 Petition Date: February 7, 2025

Court: United States Bankruptcy Court
       Western District of New York

Case No.: 25-10132

Judge: Hon. Carl L Bucki

Debtor's Counsel: Kevin R. Lelonek, Esq.
                  GROSS SHUMAN PC
                  465 Main St Suite 600
                  Buffalo, NY 14203
                  Tel: (716) 854-4300
                  E-mail: klelonek@gross-shuman.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Robert T. Mayer as chief executive
officer.

The Debtor did not provide a list of its 20 largest unsecured
creditors in the petition.

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

https://www.pacermonitor.com/view/PYKPP7Q/Rosa_Coplon_Jewish_Home__Infirmary__nywbke-25-10132__0001.0.pdf?mcid=tGE4TAMA


ROTI RESTAURANTS: Court OKs Minnesota Restaurants Sale to Broadpeak
-------------------------------------------------------------------
The U.S. States Bankruptcy Court for the Northern District of
Illinois has authorized Roti Restaurants LLC and its affiliates, to
sell three Minnesota restaurants to Broadpeak for $369,500.

The Debtor operates fast-casual Mediterranean restaurants under the
names Roti Modern Mediterranean, Roti Mediterranean Grill, Roti
Bowls. Salads. Pitas., and Roti.

The Court authorized the Debtor to sell the restaurants located
at:

-- 80 South 8th Street, Minneapolis (IDS Center)

-- 614 Washington Ave SE, Minneapolis (University of Minnesota)

-- 1620 Park Pl Blvd, Minneapolis

In connection with the closing of the Minnesota restaurants, the
Debtor is also authorized to sell the corporate furniture,
fixtures, and equipment to Broadpeak.

The Court further authorized the Debtor to assume the Toast
contracts; sell, assign and transfer to Broadpeak, or its designees
or assigns, each of the Toast contracts, in each case free and
clear of all Interests of any kind or nature whatsoever; and
execute and deliver to Broadpeak such assignment documents as may
be necessary to sell, assign and transfer the Toast contracts.

                  About  Roti Restaurants, LLC

Roti Restaurants own and operate fast-casual restaurants offering
Mediterranean menu with house-made meats, crisp vegetables, and
flavor-forward sauces.

Roti Restaurants, LLC, and its affiliates concurrently filed
voluntary petitions for relief under Chapter 11 of the Bankruptcy
Code (Bankr. N.D. Ill. Case No. 24-12410) on Aug. 23, 2024. The
petitions were signed by Justin Seamonds as manager. At the time of
filing, Roti Restaurants, LLC estimated $50,000 in assets and $1
million to $10 million in liabilities.

Judge Donald R. Cassling presides over the case.

Michael P. Richman, Esq. at RICHMAN & RICHMAN LLC represents the
Debtors as counsel. The Debtors hired Ravinia Capital LLC, led by
Thomas Goldblatt, as their investment banker.

The U.S. Trustee for Region 11 appointed Ira Bodenstein as
Subchapter V trustee for Roti Restaurants.


RRD PARENT: S&P Rates New $290MM Perpetual Preferred Stock 'CCC'
----------------------------------------------------------------
S&P Global Ratings assigned its 'CCC' issue-level rating to the
proposed $290 million redeemable perpetual preferred stock issued
by RR Donnelley & Sons Co.'s parent, RRD Parent Inc. The parent
company is issuing the proposed perpetual preferred stock along
with warrants for shares of non-voting common stock in exchange for
a portion of its existing 10% senior notes due 2031. The senior
notes were also issued by RRD Parent Inc. The exchange is focused
on non-Chatham holders of the senior notes.

S&P said, "As per our criteria, we base our ratings on hybrid
securities by notching from the issuer credit rating (ICR). For
issuers that we rate below the investment-grade category, we notch
our issue ratings down two notches for subordination and,
typically, by one notch for deferability for a total of three
notches below the ICR. Accordingly, we assigned our 'CCC'
issue-level rating to the proposed preferred shares, which is three
notches below our 'B' ICR on the issuer

"All of our existing ratings on the company are unchanged. The
negative outlook reflects RRD's weaker cash flow metrics due to its
incremental debt issuance to fund its acquisition of Valassis and
the execution risks associated with integrating and realizing its
projected synergies from the transaction, which could cause its
free operating cash flow to debt to remain below 5% on a sustained
basis. The negative outlook also reflects the secular pressures
that continue to strain RRD's major print segments."



S&G HOSPITALITY: Court Extends Cash Collateral Access to May 31
---------------------------------------------------------------
The U.S. Bankruptcy Court for the Southern District of Ohio
approved a stipulation between S&G Hospitality, Inc. and RSS
COMM2015-PC1-OH BL, LLC, allowing the company to use cash
collateral until May 31.

S&G was authorized to use cash collateral in accordance with the
terms of its revised budget, which outlines total departmental
expenses of $551,000 for the period from Feb. 3 to May 31.

S&G will continue to make monthly payments to RSS COMM2015-PC1-OH
BL, LLC as protection.

                   About S&G Hospitality Inc.

S&G Hospitality, Inc. operates in the traveler accommodation
industry.

S&G Hospitality filed Chapter 11 petition (Bankr. S.D. Ohio Case
No. 23-52859) on August 18, 2023, listing up to $10 million in
assets and up to $1 million in liabilities. Abijit Vasani,
president of S&G Hospitality, signed the petition.

Judge Mina Nami Khorrami oversees the case.

The Debtor is represented by:

   David Alan Beck, Esq.
   Carpenter Lipps & Leland LLP
   Tel: 614-365-4100
   Email: beck@carpenterlipps.com


S&G HOSPITALITY: Unsecured Claims Under $20K to Recover 20% in Plan
-------------------------------------------------------------------
S&G Hospitality, Inc., and affiliates filed with the U.S.
Bankruptcy Court for the Southern District of Ohio a Disclosure
Statement describing First Amended Joint Plan of Reorganization
dated January 31, 2025.

The Debtors were formed by Abhijit "Andy" Vasani. Mr. Vasani and
his wife have been working in the hospitality industry since the
year 2000. They purchased their first hotel property in 2000.

In 2007, Mr. Vasani formed Debtor Sunburst Hotels, LLC. Sunburst
then acquired a bankrupt Microtel located at 7500 Vantage Drive,
Columbus Ohio 43235. When Sunburst first purchased this hotel, it
was a bankrupt Microtel. After Sunburst purchased this hotel, it
rebranded it as a Days Inn with renovations costing over a million
dollars. Sunburst subsequently made additional improvements to the
property which enabled it to be rebranded as a Quality Inn. This
succession of rebrandings steadily made the hotel more profitable.

The Plan centers on Buckeye, Lancaster, and Sunburst reorganizing
and continuing their business operations. This would involve the
assumption of their franchise agreements with Red Roof, Hilton, and
Quality Inn respectively. The Debtors' three hotels would continue
to operate as a Red Roof, Hampton Inn, and Quality Inn. From the
perspective of the hotel's current and future guests, things would
remain unchanged and the hotels would continue to provide the award
winning service which has seen them as some of the higher ranked
hotels in their respective business chains.

A key component of the Plan is that it provides for all of the
equity in S&G to be cancelled and for all of the ownership in
reorganized S&G to be received by an investor in return for its
making an investment of at least $500,000 in new equity to help
provide fund working capital for the Debtors on a going forward
basis, the expenses of the FRCM renovation of the Hampton Inn
Lancaster and to pay administrative expenses of these cases.

Class 3B consists of any Allowed Claims held by RSS that are
Unsecured Claims. On the Effective Date, RSS shall receive on
account of its unsecured claim the right to receive payment of the
Exit Fee. In addition, if RSS votes its Claims in both Class 3A and
3B in favor of the Plan and does not object to confirmation of the
Plan, it shall receive the release provided for in the Plan as part
of the offered, but not yet accepted, RSS Settlement. The allowed
unsecured claims total $0 to $500,000. This Class will receive a
distribution of $100,000 to $500,000 (Dependent on timing of
payment(s) of Exit Fee).

Class 5 consists of any Allowed Unsecured Claims not otherwise
classified by Article III of the Plan. Each holder of an Allowed
Claim in Class 6 shall receive a Pro Rata share of the Deferred
General Unsecured Payments with Itria. The allowed unsecured claims
total $0 to $100,000. This Class will receive a distribution of 0%
to 6% of their allowed claims.

Class 7 consists of any Unsecured Claim in an amount less than
$20,000. On the Effective Date, each holder of a Convenience Claim
in Class 7 shall receive 20% of the Allowed Amount of such claim in
cash. The allowed unsecured claims total $100,000.

On January 1, 2025, the Debtors executed a letter of intent with
SDGD to make an infusion of $500,000 in equity under the Plan in
return for 100% of the ownership of Reorganized S&G. On January 15,
2025, the Debtors filed a motion to approve the letter of intent
with SDGD, along with bidding procedures for other parties to
submit higher and better bids for the equity in S&G by offering to
submit more for that equity. That motion currently is still pending
before the Bankruptcy Court.

If SDGD ends up submitting the winning bid for the equity under the
proposed bidding procedures, it has committed to keeping InnVite as
the manager of each of three hotel debtors under the Debtors'
current management agreements with InnVite, which make it
responsible for running the ordinary business operations of the
Debtors. InnVite's president is Mr. Vasani who has 25 years of
experience in hotel operations and is currently an acceptable
operator for Red Roof, Hilton (as the Hampton Inn), and Quality
Inn. InnVite would in return be receiving a management fee of 3% of
hotel revenues plus the other fees laid out by the management
agreements for other services.

If SDGD ends up becoming the sole owner of Reorganized S&G on the
Effective Date and the Management Agreement with InnVite is
assumed, InnVite and the Debtors will enter into the InnVite
Settlement. Under this settlement, InnVite shall (a) provide the
Reorganized Debtors a line of credit of up to $400,000 with such
repayment terms are specified by InnVite to help fund working
capital needs and the costs of the Fixed Revenue Cycle Management
renovations with Hilton for the Hampton Inn Lancaster and (b) a
release of all claims InnVite has arising before the Effective Date
under the Management Agreement.

A full-text copy of the Disclosure Statement dated January 31, 2025
is available at https://urlcurt.com/u?l=mUTP9z from
PacerMonitor.com at no charge.
  
Counsel to the Debtors:

     David Beck, Esq.
     CARPENTER LIPPS LLP
     280 North High Street, Suite 1300
     Columbus, OH 43215
     Tel: (614) 365-4100
     Fax: (614) 365-9145
     E-mail: beck@carpenterlipps.com

                      About S&G Hospitality

S&G Hospitality, Inc. is part of the traveler accommodation
industry.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Ohio Case No. 23-52859) on August 18,
2023. In the petition signed by Abijit Vasani, president, the
Debtor disclosed up to $10 million in assets and up to $1 million
in liabilities.

Judge Mina Nami Khorrami oversees the case.

The Debtor tapped David Beck, Esq., at Carpenter Lipps LLP as legal
counsel and Contemporary Business Solutions, Inc. as accountant.


SAGAMORE TOV: Case Summary & 12 Unsecured Creditors
---------------------------------------------------
Debtor: Sagamore Tov, LLC
        1536 56th Street
        Brooklyn, NY 11219

Business Description: Headquartered in Brooklyn, NY, the Debtor
                      owns a shopping center known as the Home
                      Depot Center, located at 311 Sagamore
                      Parkway North, Lafayette, IN.  Built in
                      1972, the Property sits on 19.45 acres of
                      land and consists of 104,000 square feet of
                      gross leasable area.  The Property features
                      eight retail units and has Home Depot as an
                      anchor tenant.  The Property is currently
                      82.82% occupied.

Chapter 11 Petition Date: February 5, 2025

Court: United States Bankruptcy Court
       Eastern District of New York

Case No.: 25-40588

Judge: Hon. Elizabeth S Stong

Debtor's Counsel: Kevin Nash, Esq.
                  GOLDBERG WEPRIN FINKEL GOLDSTEIN LLP
                  125 Park Ave
                  New York, NY 10017-5690
                  E-mail: knash@gwfglaw.com

Total Assets: $6,232,698

Total Liabilities: $5,298,413

The petition was signed by David Goldwasser as chief restructuring
officer.

A full-text copy of the petition, which includes a list of the
Debtor's 12 unsecured creditors, is available for free on
PacerMonitor at:

https://www.pacermonitor.com/view/RECLGFA/Sagamore_Tov_LLC__nyebke-25-40588__0001.0.pdf?mcid=tGE4TAMA


SAM'S CRAB: Seeks Approval to Tap Conway Law Group as Counsel
-------------------------------------------------------------
Sam's Crab House, LLC seeks approval from the U.S. Bankruptcy Court
for the Eastern District of Virginia to employ Conway Law Group PC
as counsel.

The firm's services include:

     a. advising the Debtor with respect to its powers and duties
as debtor in Possession in the continued management and operation
of the assets of their respective estates; The firm will be paid at
these rates:

     b. advising and consulting on the conduct of the case,
including all of the legal requirements of operating in Chapter
11;

     c. attending meetings and negotiating with representatives of
Debtor's creditors and other parties in interest;

     d. taking all necessary action to protect and preserve the
Debtor's estates;

     e. preparing all pleadings, including motions, applications,
answers, orders, reports, and papers necessary or otherwise
beneficial to the administration of the Debtor's estate;

     f. advising the Debtor in connection with any potential sale
of assets;

     g. appearing before the Court to represent the interests of
the Debtor's estate before the Court;

     h. taking any necessary action on behalf of the Debtor to
negotiate, prepare on behalf of the Debtor, and obtain approval of
Chapter 11 plan and documents related thereto; and

     i. performing all other necessary or otherwise beneficial
legal services to the Debtor in connection with prosecution of this
case

The firm will be paid at these rates:

      Kimberly Kalisz               $550 per hour
      Attorneys                     $550 per hour
      Paralegal personnel           $200 per hour

The firm received from the Debtor a retainer of $7,500.

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

Kimberly A. Kalisz, Esq., a partner at Conway Law Group, PC,
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:

     Kimberly A. Kalisz, Esq.
     Conway Law Group, PC
     1320 Central Park Blvd, #200
     Fredericksburg, VA 22401
     Telephone: (855) 848-3011
     Facsimile: (571) 285-3334
     Email: kimberly@conwaylegal.com

              About Sam's Crab House, LLC

Sam's Crab House LLC is a restaurant operator based in Richmond,
Va.

Sam's Crab House sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D. Va. Case No. 25-30071) on January 9,
2025. In its petition, the Debtor reported estimated assets between
$50,000 and $100,000 and estimated liabilities between $100,000 and
$500,000.

Kimberly Ann Kalisz of Conway Law Group, PC represents the Debtor
as counsel.


SAN FRANCISCO CARE: Gets OK to Use Cash Collateral Until Feb. 14
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Northern District of California,
San Francisco Division, granted San Francisco Care Center, LP
interim authorization to use cash collateral until Feb. 14.

The interim order signed by Judge Dennis Montali authorized SFCC to
use the cash collateral of Lenox Mortgage IX, LLC to pay the
expenses set forth in its budget except the payment of
pre-bankruptcy insider payroll of $20,391.67.

As adequate protection, Lenox was granted replacement liens on
SFCC's real property located in San Francisco, Calif., and the
rents and profits related thereto, to the same extent and with the
same
validity and priority as its pre-bankruptcy liens.

A final hearing is scheduled for Feb. 14.

                  About San Francisco Care Center

San Francisco Care Center, LP owns and operates a residential care
and memory facility for the elderly, with patients ranging in age
from 80 to 100 years old. The Debtor provides services to assist
residents with their daily activities, such as feeding, bathing,
dressing, medication management, toileting and mobility support.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D. Cal. Case No. 25-30025) on January 14,
2025. In the petition signed by Teresa Wong, managing partner, the
Debtor disclosed up to $50 million in both assets and liabilities.

The Debtor is represented by:

   Sarah M. Stuppi
   Law Offices Of Stuppi And Stuppi
   Tel: 415-786-4365
   Email: sarah@stuppilaw.com


SASSY C'S: Seeks to Hire Bookkeeping Genie as Bookkeeper
--------------------------------------------------------
Sassy C's, LLC seeks approval from the U.S. Bankruptcy Court for
the District of Arizona to hire Bookkeeping Genie, LLC as an
accounting professional to assist with bookkeeping.

The firm's services include:

     a. assisting with bookkeeping cleanup by establishing correct
beginning balances for bank accounts, resolving all bookkeeping
issues and bringing Debtors' books current through December 2024,
this is critical so the Debtors' accountant can then prepare the
necessary outstanding tax returns;

     b. performing any bookkeeping services as necessary and
requested, including preparing balance sheets, cash flow
statements, and profit and loss statements; and

     c. providing any other service mutually agreed upon with the
Debtors, including potentially assisting in preparing the monthly
and periodic operating reports to be filed with the Court.

The bookkeeper is charging a flat fee of $6,300 per year.

Kay Kurth of Bookkeeping Genie assured the court that she is a
"disinterested person" within the meaning of 11 U.S.C. 101(14).

The firm can be reached through:

     Kay Kurth
     Bookkeeping Genie, LLC
     750 E Northern Ave Unit 1054
     Phoenix, AZ, 85020-4173
     Office: (480) 772-5232
     Mobile: (480) 772-5232

        About SASSY C'S, LLC

Sassy C's, LLC filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz. Case No.
24-09501) on Nov. 6, 2024, listing up to $50,000 in assets and
$500,001 to $1 million in liabilities.

Judge Madeleine C Wanslee presides over the case.

D. Lamar Hawkins, Esq. at Guidant Law represents the Debtor as
counsel.


SAUSALITO CRAFTWORKS: Hires Cayenne Consulting as Appraiser
-----------------------------------------------------------
Sausalito Craftworks dba Omnirax Furniture Company seeks approval
from the U.S. Bankruptcy Court for the Northern District of
California to employ Cayenne Consulting as appraiser and sales
agent.

The firm will appraise the Debtor's intellectual property rights
consisting of tradenames, technical drawings, common law
copyright's and goodwill.

The firm will be paid based upon its normal and usual hourly
billing rates. The firm will also be reimbursed for reasonable
out-of-pocket expenses incurred.

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:

     Michael S. Robbins
     Cayenne Consulting LLC
     1846 E. Innovation Park Dr.
     Oro Valley, AZ 85755
     Tel: (714) 867-7526

              About Sausalito Craftworks
            dba Omnirax Furniture Company

Sausalito Craftworks Inc., doing business as Omnirax Furniture
Company, is manufacturer of furniture and home furnishings.

Sausalito Craftworks Inc. sought relief under Subchapter V of
Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Calif. Case No.
24-30601) on August 13, 2024. In the petition filed by Philip
Zittell, as president, the Debtor reports total assets of $1,555
and total liabilities of $1,688,879.

The Honorable Bankruptcy Judge Dennis Montali oversees the case.

The Debtor is represented by:

     Sheila Gropper Nelson, Esq.
     RESOLUTION LAW FIRM P.C.
     50 Osgood Place 5th Fl. 500
     San Francisco CA 94133
     Tel: (415) 362-2221
     Email: shedoeslaw@aol.com


SCHILLER PARK: Court Extends Cash Collateral Access to Feb. 19
--------------------------------------------------------------
Schiller Park Hospitality, LLC received interim approval from the
U.S. Bankruptcy Court for the Northern District of Illinois to use
cash collateral until Feb. 19, marking the second extension since
the company's Chapter 11 filing.

The court's previous order allowed the company to access cash
collateral until Feb. 5 only.

The second interim order signed by Judge David Cleary authorized
the company to use the cash collateral of its lender, CRE Bridge
Capital, LLC, to pay the expenses set forth in its budget.

As protection, CRE was granted replacement liens and security
interests in the post-petition proceeds, products or profits of its
pre-bankruptcy collateral, including cash collateral.

Schiller must timely comply with certain milestones, which include
filing a motion for final approval to use cash collateral by Feb.
17 and obtaining a final cash collateral order by March 12.

Schiller and CRE are parties to various pre-bankruptcy loan
documents, including a loan and security agreement, mortgage and
security agreement, and promissory note.

The security interest of the lender in cash collateral includes
pre-bankruptcy cash and rights to payments, as well as
post-petition cash proceeds generated from the pre-bankruptcy
property of the estate.

                  About Schiller Park Hospitality

Schiller Park Hospitality, LLC sought protection under Chapter 11
of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 25-01447)
with $10 million to $50 million in assets and $10 million to $50
million in liabilities. The petition was signed by Amin Amdani as
managing member.

Judge Hon. David D Cleary oversees the case.

The Debtor is represented by:

   Paul M. Bach
   Bach Law Offices
   Tel: 847-564-0808
   Email: paul@bachoffices.com


SCHILLER PARK: Seeks Chapter 11 Bankruptcy in Illinois
------------------------------------------------------
On January 30, 2025, Schiller Park Hospitality LLC filed Chapter
11 protection in the U.S. Bankruptcy Court for the Northern
District of Illinois.

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 Schiller Park Hospitality LLC

Schiller Park Hospitality LLC is a limited liability company.

Schiller Park Hospitality LLC sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. N.D. Ill.Case No. 25-01447) on
January 30, 2025. In its petition, the Debtor reports estimated
assets between $10 million and $50 million each.

Honorable Bankruptcy Judge David D. Cleary handles the case.

The Debtor is represented by Paul M. Bach, Esq., at Bach Law
Offices, in Northbrook, Illinois.


SCHULTE INC: Court Extends Cash Collateral Access to April 30
-------------------------------------------------------------
The U.S. Bankruptcy Court for the District of New Hampshire granted
Schulte Inc.'s fourth motion to continue using cash collateral.

The order authorized the company to use up to $489,879 in cash
collateral from Feb. 1 to April 30 in accordance with its budget,
which shows total projected expenses of $489,879 for the interim
period.

The U.S. Small Business Administration and other secured creditors
were granted replacement liens on the company's post-petition
property as protection for the use of their cash collateral.  

As additional protection, the SBA will receive a monthly payment of
$329.

The next hearing is scheduled for April 23.

                        About Schulte Inc.

Schulte Inc., a company in Newton, N.H., filed its voluntary
Chapter 11 petition (Bankr. D.N.H. Case No. 24-10225) on April 8,
2024, with $1 million to $10 million in both assets and
liabilities.

Judge Bruce A. Harwood oversees the case.

The Debtor is represented by:

     William S. Gannon, Esq.
     William S. Gannon, PLLC
     740 Chestnut Street
     Manchester, NH 03104
     Telephone: (603) 621-0833
     Facsimile: (603) 621-0830
     Email: bgannon@gannonlawfirm.com


SEAQUEST HOLDINGS: Gets OK to Use Cash Collateral Until March 3
---------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Idaho issued a second
interim order allowing SeaQuest Holdings, LLC to continue using
cash collateral until March 3.

The company was authorized to use cash collateral for payment of
expenses outlined in its budget.

The court granted adequate protection to the secured lenders,
including Finwise Bank, Jeff Cox, and the U.S. Small Business
Administration, by granting them replacement liens on all
post-petition cash collateral to the same extent and priority as
their pre-bankruptcy liens.

FinWise Bank can be reached through its counsel:

     Jaren Wieland, Esq.
     Mooney Wieland Warren
     512 W. Idaho St., Ste. 103
     Boise, ID 83702
     Tel: 208.401.9219
     Fax: 888.234.8543
     jaren.wieland.service@mooneywieland.com

                    About SeaQuest Holdings LLC

SeaQuest Holdings, LLC better known as SeaQuest, is an interactive
marine, exotic mammal, and bird/reptile life attraction chain.
Guests are encouraged to connect with animals and learn about their
ecosystems through various hands-on activities which include
hand-feeding sharks, stingrays, birds, and tropical animals.
SeaQuest offers a private event venue ideal for school field trips,
birthday parties, and more.

SeaQuest Holdings sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Idaho Case No. 24-00803) on December 2,
2024, with total assets of $659,473 and total liabilities of
$16,653,877. Aaron Neilsen, chief executive officer of SeaQuest
Holdings, signed the petition.

Judge Benjamin P. Hursh handles the case.

The Debtor is represented by:

   Matthew T. Christensen
   Johnson May, PLLC
   Tel: 208-384-8588
   Email: mtc@johnsonmaylaw.com


SEBASTIAN HABIB: Hires BKO Associates Real Estate LLC as Broker
---------------------------------------------------------------
Sebastian Habib LLC seeks approval from the U.S. Bankruptcy Court
for the Northern District of Georgia to hire BKO Associates Real
Estate LLC as broker.

The firm will market and sell the Debtor's property located at real
property located at 567 Center Hill Ave. NW, Atlanta, GA 30318.

The broker will charge a flat rate of $3,000 be paid at the closing
of the sale.

Berrendia O'Neal, realtor with BKO Associates Real Estate LLC,
assured the court that a "disinterested person" as defined by
Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Berrendia O'Neal
     BKO Associates Real Estate LLC
     8188 RIVER POINTE OVERLOOK
     WINSTON, GA, 30187
     Phone: (770) 876-4931

        About Sebastian Habib LLC

Sebastian Habib LLC is a domestic limited liability company
headquartered in Woodstock, Georgia.

Sebastian Habib LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D. Ga. Case No. 25-50148) on January 6,
2025. In its petition, the Debtor reports estimated assets and
liabilities between $1 million and $10 million each.

Honorable Bankruptcy Judge Lisa Ritchey Craig handles the case.

Adam E. Ekbom, Esq. of Jones & Walden LLC represents the Debtor as
counsel.


SECURE WASTE: Fitch Affirms 'BB-' LongTerm IDR, Outlook Stable
--------------------------------------------------------------
Fitch Ratings has affirmed Secure Waste Infrastructure Corp.'s
(previously Secure Energy Services, Inc.) Long-Term Issuer Default
Rating (IDR) at 'BB-'. Fitch has also affirmed Secure's senior
unsecured notes rating at 'BB-' with a Recovery Rating of 'RR4'.
The Rating Outlook is Stable.

Secure's ratings are underpinned by its robust financial profile
which is considered strong for the rating category, its location
advantaged critical infrastructure network, and business diversity
with a focus on waste management business, which includes some
non-oil and gas customers. Rating concerns include reliance on the
cyclical oil and gas sector, regional concentration in Western
Canada, and cash flows primarily from short-term, volume-exposed
contracts.

The Stable Outlook reflects expectations of industry tailwinds
driving growth at least in the near term, strong cash flow
generation, and a financial policy that balances shareholder
returns while maintaining leverage around or under the stated
target range.

Key Rating Drivers

Robust Financial Profile: Secure is expected to generate healthy
cash flow from operations. Its ability to maintain leverage within
its target range depends on capital allocation policies related to
organic and inorganic growth capital spend, common distributions,
and share buybacks. Fitch forecasts leverage slightly differently
from management, expecting it to be around or under 1.0x to 1.5x
range in the near term and rise modestly over the medium term while
remaining within the company's stated target range of 2.0x to
2.5x.

Secure's leverage is considered strong for the rating category.
Additionally, strong FCF generation, adequate availability under
the credit facility, and a well spread debt maturity profile,
provides good financial flexibility.

Relatively Higher Business Risk: Secure's business is largely
driven by the oil and gas sector, with about 65% from production
and 20% from drilling & completions. The oil and gas sector's
cyclical nature, influenced by volatile commodity prices and
geopolitical uncertainties, poses significant risks, exacerbated by
Secure's concentration in the Western Canadian Sedimentary Basin
(WCSB) and limited cash flows from long-term revenue assurance
contracts like take-or-pay (TOP) or minimum volume commitment
(MVC).

Waste management comprises 70% of the business, while energy
infrastructure, a typical midstream gathering and processing
business, accounts for 30%, featuring some revenue assurance
contracts. Waste management, linked to the cyclical oil and gas
sector, carries higher risks than typical waste management
businesses that have diversified end-customer sector and or have
long-term municipal contracts.

Short-Term Volume Exposed Contracts: Secure expects to derive a
majority of its cash flow from fixed-fee contracts, primarily
short-term and volume-exposed, with only a modest amount from TOP
or MVC contracts. This structure poses volumetric and
re-contracting risks. However, Secure's strong asset base,
outsourcing trends, robust relationship with top customers, and the
WCSB's critical role in Canada's oil and gas sector partially
mitigates these risks. If outsourcing becomes unviable, or trends
shift to E&Ps internalizing some of these services, or there is a
new entrant, Secure would face greater competition.

Strong Asset Base: Secure has a modest but, not insignificant
portion of its business driven by non-oil and gas customers. Its
high-quality assets benefit from structural exclusivity, reducing
risks associated with losing volumes to competitors. The industry
trend of outsourcing services Secure provides, along with high
barriers for new entrants due to capital intensity, high
regulations, and complex technical requirements, particularly in
waste management infrastructure somewhat mitigates the risks
related to high cyclicity, regional concentration, and volumetric
risks.

Industry Tailwinds: The expanded Trans Mountain pipeline, online
since 2024, and the Coastal Gas Link pipeline and LNG Canada,
expected online in 2025, are projected to boost oil and gas
activity in the WCSB. Potential tariffs on Canadian hydrocarbon
exports to the U.S. are unlikely to have a significant impact on
activity levels. Additionally, Secure plans to pursue organic
growth projects and tuck-in acquisitions, including two new metals
recycling businesses closing in 1Q25, which will modestly enhance
future cash flows without meaningfully altering the risk profile.

Derivation Summary

Secure stands out in Fitch's midstream coverage due to its focus on
waste management business.

Secure's energy infrastructure segment offers gathering &
processing (G&P) solutions for E&P companies in the WCSB. It
resembles M6 ETX Holdings II MidCo LLC (M6; B/Stable), a small,
regionally concentrated G&P business. Secure is larger and more
diversified, with a waste management segment and some non-oil and
gas customers. While M6 benefits from a higher portion of cash
flows under MVC contracts, Secure's leverage is nearly four turns
lower. Secure's greater size, diversification, and lower leverage
outweigh M6's stable cash flow profile, resulting in the difference
in their IDRs.

Howard Midstream Energy Partners, LLC (Howard; BB-/Stable) is a
midstream firm that owns G&P and pipeline assets offering services
to mainly to oil, gas, and some utility customers. Operating across
five U.S. regions and a modest presence in Mexico, Howard has
greater regional diversity. Its EBITDA size is similar to Secure,
but slightly smaller. The company derives 50% of cash flows from
long-term revenue assurance contracts. However, Howard's leverage
is two to three turns higher. Secure's much lower leverage offsets
Howard's greater diversity and cash flow stability, leading to the
same IDR.

Precision Drilling Corporation (BB-/Stable) is a peer due to its
exposure to the Canadian oil and gas sector, though it has minimal
direct business line overlap with Secure. Reworld Holding
Corporation (B+/Stable) operates a sizeable waste collection
business along with electricity generation, but its drivers and
segments are distinct from Secure's.

Key Assumptions

- Fitch's oil and gas price deck;

- Oil and gas activity levels in the WCSB consistent with Fitch's
base case price deck;

- Base interest rate for the credit facility, and any future debt
issuances reflects Fitch's "Global Economic Outlook," the current
forward treasury curve, and credit spreads on similarly rated debt
instruments;

- Successful execution of modest growth projects and growth capital
spend somewhat consistent with the recent past;

- Modest tuck-in M&A and A&D to continue over the forecast period;

- Common distributions consistent with the recent past;

- Share buybacks to continue over the forecast period while
balancing the stated leverage target;

- CAD/USD conversion rate of CAD 1.35 over the forecast period.

RATING SENSITIVITIES

Factors that Could, Individually or Collectively, Lead to Negative
Rating Action/Downgrade

- EBITDA leverage expected to be at or above 2.3x;

- A large growth project and or M&A which meaningfully increases
the business risk.

Factors that Could, Individually or Collectively, Lead to Positive
Rating Action/Upgrade

- A meaningful increase in cash flows derived from long-term TOP or
MVC contracts with credit-worthy counterparties;

- Diversification either geographically and/or with the end
customer sector which meaningfully reduces exposure to high
business cycles;

- EBITDA leverage expected to be sustained below 1.5x.

Liquidity and Debt Structure

Secure had adequate liquidity as of Sept. 30, 2024. The company had
a total liquidity of about $682 million including $613 million
available under its $800 million revolving credit facility (net of
$94 million in LOCs), $19 million of cash on balance sheet, and a
$50 million unsecured LOC facility guaranteed by Export Development
Canada. The credit facility matures on May 31, 2027.

As defined in the credit facility, the financial covenants permit a
maximum total debt/EBITDA of 4.5x, senior debt/EBITDA of 2.75x, and
minimum interest coverage of 2.5x. As of Sept. 30, 2024, Secure was
compliant with all the financial covenants and had ratios of 1.1x,
0.5x and 7.0x for total debt/EBITDA, senior debt/EBITDA and
interest coverage, respectively.

Issuer Profile

Secure Waste Infrastructure Corp. is an energy infrastructure and
waste management business in Calgary, Alberta. Its assets are
located mainly in Western Canada, with some presence in North
Dakota.

MACROECONOMIC ASSUMPTIONS AND SECTOR FORECASTS

Fitch's latest quarterly Global Corporates Macro and Sector
Forecasts data file which aggregates key data points used in its
credit analysis. Fitch's macroeconomic forecasts, commodity price
assumptions, default rate forecasts, sector key performance
indicators and sector-level forecasts are among the data items
included.

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   Prior
   -----------               ------        --------   -----
SECURE Waste
Infrastructure Corp.   LT IDR BB- Affirmed            BB-

   senior unsecured    LT     BB- Affirmed   RR4      BB-


SENSATA TECHNOLOGIES: Egan-Jones Retains BB- Sr. Unsecured Ratings
------------------------------------------------------------------
Egan-Jones Ratings Company on January 21, 2025, maintained its
'BB-' foreign currency and local currency senior unsecured ratings
on debt issued by Sensata Technologies Holding N.V. EJR also
withdrew the rating on commercial paper issued by the Company.

Headquartered in Attleboro, Massachusetts, Sensata Technologies
Holding N.V. develops, manufactures, and sells sensors and
controls.


SGZ GROUP: Court Extends Cash Collateral Access to March 10
-----------------------------------------------------------
The U.S. Bankruptcy Court for the District of Massachusetts issued
a proceeding memorandum and order extending SGZ Group, Inc.'s
authority to use cash collateral until March 10.

SGZ Group was authorized to use cash collateral on the same terms
and conditions set forth in its previous order issued on Dec. 6,
2024.

The next hearing is scheduled for March 5.

                        About SGZ Group Inc.

SGZ Group Inc., doing business as Kendall Press, was founded in
Kendall Square, Cambridge, MA in 1986 as a commercial print and
sign company serving the Boston and Cambridge community. Today, the
company has evolved to become a full-service content production
company delivering printed and digital media in support of
marketing, sales, and experiential initiatives to leading
businesses in the Boston region and beyond.

SGZ Group sought relief under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. D. Mass. Case No. 24-12330) on November 20, 2024, with
total assets of $351,334 and total liabilities of $1,397,764. J.
Edward Christopher, president of SGZ Group, signed the petition.

Judge Janet E. Bostwick oversees the case.

The Debtor is represented by:

     David B. Madoff, Esq.
     Madoff & Khoury, LLP
     124 Washington Street, Suite 202
     Foxborough, MA 02035
     Tel: 508-543-0040
     Fax: 508-543-0020
     Email: alston@mandkllp.com


SHARKY'S LLC: Section 341(a) Meeting of Creditors on February 27
----------------------------------------------------------------
On January 30, 2025, Sharky's LLC filed Chapter 11 protection in
the U.S. Bankruptcy Court for the Southern District of Texas.

According to court filing, the Debtor reports between $100,000
and $500,000 in debt owed to 1 and 49 creditors. The petition
states funds will be available to unsecured creditors.

A meeting of creditors under Section 341(a) to be held on February
27, 2025 at 03:00 PM, US Trustee Houston Teleconference.

           About Sharky's LLC

Sharky's LLC, doing business as Sharky's Tavern, is a wood-fired
pizza restaurant and bar in Galveston, Texas.

Sharky's LLC sought relief under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. S.D. Tex. Case No. 25-30469) on January 30, 20. In its
petition, the Debtor reports estimated assets up to $50,000 and
estimated liabilities between $100,000 and $S00,000.

The Debtor is represented by Brandon John Tittle, Esq., at Tittle
Law Group, PLLC, in Frisco, Texas.


SONIC AUTOMOTIVE: Egan-Jones Retains BB Senior Unsecured Ratings
----------------------------------------------------------------
Egan-Jones Ratings Company on January 3, 2025, maintained its 'BB'
foreign currency and local currency senior unsecured ratings on
debt issued by Sonic Automotive. EJR also withdrew the rating on
commercial paper issued by the Company.

Headquartered in Charlotte, North Carolina, Sonic Automotive sells
new and used cars and light trucks, as well as replacement parts.


SPEARMAN AEROSPACE: Case Summary & 20 Largest Unsecured Creditors
-----------------------------------------------------------------
Debtor: Spearman Aerospace, Inc.
        9215 Greenleaf Ave.
        Santa Fe Springs CA 90670

Business Description: Spearman Aerospace manufactures high-
                      precision components for the aerospace
                      industry, specializing in parts for landing
                      gear assemblies, door pivots, and gearboxes.
                      They utilize advanced CNC technology to
                      produce these components for satellite/space
                      applications and other aerospace needs.

Chapter 11 Petition Date: February 6, 2025

Court: United States Bankruptcy Court
       Central District of California

Case No.: 25-10917

Judge: Hon. Deborah J Saltzman

Debtor's Counsel: M. Douglas Flahaut, Esq.
                  ECHO PARK LEGAL, APC
                  2210 Sunset Blvd. 301
                  Los Angeles, CA 90026
                  Tel: 310-709-0658
                  E-mail: df@echoparklegal.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Scott Holland as president.

A full-text copy of the petition, which includes a list of the
Debtor's 20 largest unsecured creditors, is available for free on
PacerMonitor at:

https://www.pacermonitor.com/view/7ZBMIII/Spearman_Aerospace_Inc__cacbke-25-10917__0001.0.pdf?mcid=tGE4TAMA


SPIRIT AIRLINES: Tender Deadline Extended Again to February 20
--------------------------------------------------------------
Lin Cheng of Bloomberg Law reports that Spirit Airlines has
postponed the subscription tender deadline for its $350 million
equity rights offering and "certain related deadlines" to February
20, 2025.

The deadline had previously been extended from January 30 to
February 13, 2025.

                 About Spirit Airlines

Spirit Airlines, Inc. (SAVE) is a low-fare carrier committed to
delivering the best value in the sky by offering an enhanced travel
experience with flexible, affordable options. Spirit serves
destinations throughout the United States, Latin America and the
Caribbean with its Fit Fleet, one of the youngest and most
fuel-efficient fleets in the U.S.  On the Web:
http://wwww.spirit.com/   

Spirit Airlines and its affiliates sought Chapter 11 protection
(Bankr. S.D.N.Y. Case No. 24-11988) on Nov. 18, 2024, after
reaching terms of a pre-arranged plan with bondholders. At the time
of the filing, Spirit Airlines reported $1 billion to $10 billion
in both assets and liabilities. Judge Sean H. Lane oversees the
case.

The Debtors tapped Davis Polk & Wardwell, LLP as legal counsel;
Alvarez & Marsal North America, LLC, as financial advisor; and
Perella Weinberg Partners LP as investment banker. Epiq Corporate
Restructuring, LLC, is the claims agent.

Paul Hastings, LLP and Ducera Partners, LLC serve as legal counsel
for the Ad Hoc Group of Convertible Noteholders.

Akin Gump Strauss Hauer & Feld, LLP and Evercore Group LLC
represent the Ad Hoc Group of Senior Secured Noteholders.

The official committee of unsecured creditors retained Willkie Farr
& Gallagher LLP as counsel.

Citigroup Global Markets, Inc., is serving as financial advisor and
Latham & Watkins LLP is serving as legal counsel to Frontier.


SRZ MASTER TENANT: Case Summary & Seven Unsecured Creditors
-----------------------------------------------------------
Debtor: SRZ Master Tenant, LLC
        20 East Sunrise Highway
        Valley Stream, NY 11581

Business Description: The Debtor is a Delaware-based holding
                      company that previously held leases, as a
                      tenant, with CR Aviv, LLC, Missouri Regency
                      Associates, LLC, and FC Encore Properties B
                      Holdco, LLC.  The Debtor subleased these
                      facilities to affiliate entities for
                      operation while managing related
                      receivables.  The Debtor is indirectly owned
                      by Goldner Capital Management LLC, an
                      investment firm focused on post-acute
                      healthcare.

Chapter 11 Petition Date: February 6, 2025

Court: United States Bankruptcy Court
       Eastern District of New York

Case No.: 25-70504

Judge: Hon. Alan S Trust

Debtor's Counsel: Gary F. Herbst, Esq.
                  LAMONICA HERBST & MANISCALCO, LLP
                  3305 Jerusalem Avenue, Suite 201
                  Wantagh, NY 11793
                  Tel: 516-826-6500
                  E-mail: gfh@lhmlawfirm.com

Estimated Assets: $50 million to $100 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by Samuel Goldner as manager of GCM Manager
LLC, as Manager.

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

https://www.pacermonitor.com/view/A2X4XDQ/SRZ_Master_Tenant_LLC__nyebke-25-70504__0001.0.pdf?mcid=tGE4TAMA

List of Debtor's Seven Largest Unsecured Creditors:

   Entity                           Nature of Claim   Claim Amount

1. CR Aviv, LLC                     Prior Landlord         Unknown
300 International Circle
Suite 200
Cockeysville, MD 21030

2. FC Encore Prop. B Holdco                                     $0
c/o Omega Healthcare Inv.
200 International Circle
Suite 3500
Hunt Valley, MD 21030

3. Kare Technologies, LLC               Lawsuit           $605,342
c/o Adams and Reese LLP
1600 West End Ave.
Suite 1400
Nashville, TN 37203

4. Missouri Regency                                             $0
Assoc. c/o Omega
Healthcare Inv.
200 International Circle
Suite 3500
Hunt Valley, MD 21030

5. Omega Healthcare Inv. Inc.                                   $0
303 International Circle
Suite 200
Hunt Valley, MD 21030

6. Paric Corporation                     Lawsuit                $0
c/o McCarthy Leonard
825 Maryville Centre Dr
Suite 300
Chesterfield, MO 63017

7. Reinhold Electric, Inc.               Lawsuit                $0
c/o Stockenberg Law Firm
3636 South Geyer Road
Suite 100
Saint Louis, MO 63127


STOLI GROUP: Committee Taps Brown Rudnick as Bankruptcy Counsel
---------------------------------------------------------------
The official committee of unsecured creditors of Stoli Group (USA),
LLC seeks approval from the U.S. Bankruptcy Court for the Northern
District of Texas to hire Brown Rudnick LLP as its counsel.

The firm will render these services:

     (a) assist, advise, and represent the committee in its
meetings, consultations and negotiations with the Debtors and other
parties in interest;

     (b) assist, advise, and represent the committee in
understanding its powers and its duties;

     (c) assist the committee's review of the Debtors' schedules of
assets and liabilities, statement of financial affairs and other
financial reports;

     (d) assist the committee's investigation of the acts, conduct,
assets, liabilities, and financial condition of the Debtors and its
affiliates;

     (e) assist and advise the committee regarding the
identification and prosecution of estate claims and causes of
action;

     (f) assist and advise the committee in its review and analysis
of, and negotiations with the Debtors and any counterparties
related to, any potential sale or restructuring transactions;

     (g) review and analyze all applications, motions, complaints,
orders, and other pleadings;

     (h) prepare necessary legal papers on behalf of the committee,
and pursue or participate in contested matters and adversary
proceedings as may be necessary or appropriate in furtherance of
its duties, interest, and objectives;

     (i) represent the committee at hearings held before the court
and communicate with it;

     (j) assist, advise, and represent the committee in connection
with the review of filed proofs of claim and reconciliation of or
objections to such proofs of claim and any claims estimation
proceedings;

     (k) assist, advise and represent the committee in its
participation in the negotiation, formulation, and drafting of a
plan of reorganization/liquidation;

     (l) assist, advise and represent the committee with respect to
its communications with the general creditor body regarding
significant matters in these cases;

     (m) respond to inquiries from individual creditors as to the
status of, and developments in, these cases; and

     (n) provide such other services to the committee as may be
necessary in these cases or any related proceedings.

The firm will be paid at these hourly rates:
                              
     Partners            $900 - $2,450
     Counsel             $310 - $2,335
     Associates          $685 - $1,015
     Paralegals          $400 - $550

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

Bennett Silverberg, Esq., an attorney at Brown Rudnick, 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 you agree to any variations from, or alternatives
to, your standard or customary billing arrangements for this
engagement?

  Answer: Brown Rudnick will comply with the United States
Trustee's Fee Guidelines in connection with this engagement, which
include a reduced hourly rate for non-working travel time and not
charging for certain disbursements and other charges

  Question: Do any of the professionals included in this engagement
vary their rate based on the geographic location of the bankruptcy
case?

  Answer: No.

  Question: If you represented the client in the 12 months
prepetition, disclose your billing rates and material financial
terms for the prepetition engagement, including any adjustments
during the 12 months prepetition. If your billing rates and
material financial terms have changed post-petition, explain the
difference and the reasons for the difference.

  Answer: No.

  Question: Has your client approved your prospective budget and
staffing plan, and, if so, for what budget period?

  Answer: The committee will approve a budget and general staffing
plan in connection with Brown Rudnick's representation of the
committee.

Mr. Silverberg 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:

     Bennett S. Silverberg, Esq.
     Brown Rudnick LLP
     Boston, MA 02111
     Telephone: (212) 209-4924
     Email: bsilverberg@brownrudnik.com

       About Stoli Group (USA), LLC

Stoli Group (USA) LLC is a producer, manager, and distributor of a
global portfolio of spirits and wines.

Stoli Group (USA) and its Kentucky Owl American sought relief under
Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex. Case No.
24-80146) on November 27, 2024. In the petition filed by Chris
Caldwell, president and global chief executive officer, Stoli Group
(USA) reported assets between $100 million and $500 million and
liabilities between $10 million and $50 million.

Judge Scott W. Everett handles the cases.

Foley & Lardner, LLP represents the Debtors as legal counsel.


STOLI GROUP: Committee Taps Kane Russell as Bankruptcy Co-Counsel
-----------------------------------------------------------------
The official committee of unsecured creditors of Stoli Group (USA),
LLC seeks approval from the U.S. Bankruptcy Court for the Northern
District of Texas to hire Kane Russell Coleman Logan PC as
bankruptcy co-counsel.

The firm's services include:

     a. providing the Committee with legal advice concerning its
duties, powers and rights in relation to the Debtors and the
administration of the Debtors' bankruptcy cases;

     b. assisting the Committee in the investigation of the acts,
conduct, assets, and liabilities of the Debtors and any other
matters relevant to the case or to the formulation of a plan of
reorganization or liquidation;

     c. assisting the Committee and Debtors in the formulation of a
chapter 11 plan, or if appropriate, to formulate the Committee's
own plan of reorganization or liquidation;

     d. taking such action necessary to preserve and protect the
rights of all of the Debtors' unsecured creditors;

     e. investigating potential causes of action against third
parties for the benefit of the Debtors' bankruptcy estate;

     f. preparing on behalf of the Committee all necessary
applications, pleadings, adversary proceedings, answers, reports,
orders, responses, and other legal documents;

     g. investigating and analyzing liens, security interests and
similar actions applicable to purported secured creditors;

     h. participating in bidding procedures, sale hearings, any
proposed auction, and related activities;

     i. conducting appropriate discovery and investigations into
the Debtors' operations, valuation of assets, lending
relationships, management, Debtors' affiliates, and causes of
action; and

     j. performing all other legal services which may be necessary
and in the best interests of the unsecured creditors of the
Debtors' estates.

The firm will be paid at these rates:

     Joseph Coleman (Director)    $935 per hour
     John Kane (Director)         $685 per hour
     Kyle Woodard (Director)      $595 per hour
     JaKayla DaBera (Associate)   $485 per hour

KRCL provides the following response to the request for information
set forth in Paragraph D.1. of the Appendix B Guidelines.

   Question: Did you agree to any variations from, or alternatives
to, your standard or customary billing arrangements for this
engagement?

   Response: No.

   Question: Do any of the professionals included in this
engagement vary their rate based on the geographic location of the
bankruptcy case?

   Response: No.

   Question: If you represented the client in the 12 months
prepetition, disclose your billing rates and material financial
terms for the prepetition engagement, including any adjustments
during the 12 months prepetition. If your billing rates and
material financial terms have changed post-petition, explain the
difference and the reasons for the difference.

   Response: Not applicable, save and except effective with the
beginning of this engagement, on or about January 7, 2025, KRCL
charged its standard 2025 rates.

   Question: Has your client approved your prospective budget and
staffing plan, and, if so, for what budget period?

   Response: The Committee and KRCL expect to work together to
develop a budget and staffing plan for the Chapter 11 Cases,
including a division of labor between KRCL and Brown Rudnick, as
co-counsel.

John J. Kane, a senior director of Kane Russell Coleman Logan PC,
attests that he and each member of KRCL are "disinterested person"
as that term is defined in 11 U.S.C. Sec. 101(14).

The counsel can be reached through:

     Joseph M. Coleman, Esq.
     John J. Kane, Esq.
     KANE RUSSELL COLEMAN LOGAN PC
     3700 Thanksgiving Tower
     1601 Elm Street
     Dallas, TX 75201
     Tel: (214) 777-4200
     Fax: (214) 777-4299

       About Stoli Group (USA), LLC

Stoli Group (USA) LLC is a producer, manager, and distributor of a
global portfolio of spirits and wines.

Stoli Group (USA) and its Kentucky Owl American sought relief under
Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex. Case No.
24-80146) on November 27, 2024. In the petition filed by Chris
Caldwell, president and global chief executive officer, Stoli Group
(USA) reported assets between $100 million and $500 million and
liabilities between $10 million and $50 million.

Judge Scott W. Everett handles the cases.

Foley & Lardner, LLP represents the Debtors as legal counsel.


STONEX GROUP: Egan-Jones Retains B+ Senior Unsecured Ratings
------------------------------------------------------------
Egan-Jones Ratings Company on January 10, 2025, maintained its 'B+'
foreign currency and local currency senior unsecured ratings on
debt issued by StoneX Group Inc. EJR also withdrew the rating on
commercial paper issued by the Company.

Headquartered in New York, StoneX Group Inc. is an
institutional-grade financial services network that connects
companies, organizations, and investors to the global markets
ecosystem through digital platforms, end-to-end clearing, and
execution services.


STRONGHOLD CONSTRUCTION: Seeks OK of Franchisor Assistance
----------------------------------------------------------
Stronghold Construction Inc. seeks permission from the U.S.
Bankruptcy Court for the Western District of North Carolina,
Asheville Division, to allow Storm Guard Corporate to render
assistance to the Debtor in the form of completing the Pre-Petition
Outstanding Jobs in exchange for a fee equal to all revenue to be
generated by the completion of jobs, less a $20,000.00
administrative support rebate.

After the Covid-19 pandemic, the Debtor struggled to adapt to
supply chain issues. In response to supply chain challenges, the
Debtor built up a backlog of roofing builds.

The Debtor's franchisor, Storm Guard Corporate, stepped in to help
by granting the Debtor a $200,000 line of credit to provide the
financing to pay for the needed labor and materials. However, upon
detailed financial analysis of the current backlog of builds sold
prior to December 1, 2024, the Debtor and Storm Guard Corporate
have agreed that $200,000 is not enough to fully clear the older
sold builds.

The Debtor and Storm Guard Corporate have agreed  to exercise the
Debtor's option under the franchise agreement to obtain assistance
from Storm Guard Corporate to complete the Backlog in exchange for
a fee paid to Storm Guard Corporate.

The Debtor has already received the Deposits and exhausted the same
during normal operations. The remaining outstanding income
attributable to the Backlog is what is left to be collected—the
total amount of which is $418,954.50. However, the total yet to be
spent for  cost of labor and materials (COGS) for the Backlog jobs
is $453,526.31. Thus, there is no profit for the Debtor in the
Backlog jobs and, in fact, COGS exceeds prospective collections by
$34,571.81.

In terms of the fee requested by Storm Guard Corporate for
completing the PrePetition Outstanding Jobs, the Debtor and Storm
Guard Corporate have tentatively agreed that the Debtor will pass
along to Storm Guard Corporate all revenue generated from the
Pre-Petition Outstanding Jobs, provided, however, that the Debtor
retains the first $20,000.00 of such revenue in recognition that
Storm Guard Corporate may use one or two of the Debtor's schedulers
to facilitate some of the logistics incidental to Storm Guard
Corporate completing the Pre-Petition Outstanding Jobs.

Thus, in effect, Storm Guard Corporate: will pay for 100% of the
COGS for the jobs; will collect 100% of the Balance Due Upon
Completion from each job (less the $20,000 administrative support
rebate); will not profit from the completion of these jobs; and is
projected to lose $34,571.81 during the process of completing these
jobs (not counting the $20,000.00 that Storm Guard Corporate is
allowing the Debtor to retain).

Storm Guard Corporate will continue to pay for the Debtor to
complete the Backlog.

First-Citizens Bank & Trust Company has a senior lien on all assets
of the Debtor including work in process and accounts receivables,
and VelocitySBA, LLC holds the junior lien on those assets.

The Debtor asserts that permitting Storm Guard to aid the Debtor
for the fee paves the way for a feasible bankruptcy plan and is in
the best interests of the creditors and estate.

                     About Stronghold Construction Inc.

Stronghold Construction, Inc. is a professional roofing and
restoration services provider in Johnson City, Tenn.

Stronghold filed Chapter 11 petition (Bankr. W.D. N.C. Case No.
24-10199) on November 21, 2024, with $1,891,844 in assets and
$2,241,228 in liabilities. Lincoln Koontz, president of Stronghold,
signed the petition.

Judge Ashley Austin Edwards oversees the case.

The Debtor is represented by  Michael L. Martinez, Esq. at Grier
Wright Martinez, PA.


SUIRAD GROUP: Hires Jones & Walden LLC as Attorney
--------------------------------------------------
Suirad Group LLC seeks approval from the U.S. Bankruptcy Court for
the Northern District of Georgia to employ Jones & Walden LLC as
attorney.

The firm will provide these services:

     a. preparation of pleadings and applications;

     b. conduct of examination;

     c. advising the Debtor of its rights, duties and obligations
as a debtor-in-possession;

     d. consulting and representing the Debtor with respect to a
Chapter 11 plan;

     e. performing those legal services incidental and necessary to
the day-to-day operations of the Debtor's business, including, but
not limited to, institution and prosecution of necessary legal
proceedings, and general business legal advice and assistance;

     f. taking any and all other action incident to the proper
preservation and administration of the Debtor's estate and
business.

The firm will be paid at these rates:

        Attorneys                   $300 to $500 per hour
        Paralegals and law clerks   $150 to $250 per hour

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

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

Cameron M. McCord, Esq., a partner at Jones & Walden 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:

     Cameron M. McCord
     699 Piedmont Avenue, NE
     Atlanta, GA 30308
     Tel: (404) 564-9300
     Email: CMcCord@joneswalden.com

              About Suirad Group

Suirad Group, LLC, a company in Atlanta, Ga., sought relief under
Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D.
Ga. Case No. 25-50072) on January 3, 2025. In its petition, the
Debtor reported $1 million to $10 million in both assets and
liabilities.

Cameron M. McCord, Esq., at Jones & Walden, LLC represents the
Debtor as legal counsel.


SYSCO CORP: Egan-Jones Retains BB+ Senior Unsecured Ratings
-----------------------------------------------------------
Egan-Jones Ratings Company on January 21, 2025, maintained its
'BB+' foreign currency and local currency senior unsecured ratings
on debt issued by Sysco Corporation.

Headquartered in Houston, Texas, Sysco Corporation distributes food
and related products primarily to the foodservice industry.


TBB ABILENE: Voluntary Chapter 11 Case Summary
----------------------------------------------
Debtor: TBB Abilene LLC
          d/b/a The Biscuit Bar
        2447 N. Judge Ely Blvd.
        Abilene, TX 79601

Business Description: TBB Abilene TBB, d/b/a The Biscuit Bar,
                      is a fast casual restaurant offering made-
                      to-order biscuit sandwiches, tots, salads,
                      and desserts, with a focus on Southern-
                      inspired flavors.  Their menu offers a mix
                      of savory and sweet dishes, all made from
                      scratch daily.  The Biscuit Bar caters to
                      breakfast, lunch, dinner, and late-night
                      cravings, with a variety of toppings and
                      craft drinks on tap.  The Biscuit Bar
                      launched its first location in Spring 2018
                      at The Boardwalk @ Granite Park in Plano,
                      TX.  Today, the brand has expanded to six
                      locations: Plano, Deep Ellum, Coppell, North
                      Arlington, the Stockyards in Fort Worth, and
                      Abilene.

Chapter 11 Petition Date: February 6, 2025

Court: United States Bankruptcy Court
       Northern District of Texas

Case No.: 25-30470

Debtor's Counsel: Thomas D. Berghman, Esq.
                  MUNSCH HARDT KOPF & HARR, P.C.
                  500 N. Akard St., Ste. 4000
                  Dallas, TX 75201
                  Tel: 214-855-7500
                  E-mail: tberghman@munsch.com

Estimated Assets: $50,000 to $100,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Jacob Burkett as manager.

The Debtor did not provide a list of its 20 largest unsecured
creditors in the petition.

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

https://www.pacermonitor.com/view/VM2D2AI/TBB_Abilene_LLC__txnbke-25-30470__0001.0.pdf?mcid=tGE4TAMA


TBB NORTH ARLINGTON: Voluntary Chapter 11 Case Summary
------------------------------------------------------
Debtor: TBB North Arlington LLC
          d/b/a The Biscuit Bar
        1707 N. Collins St.
        Arlington, TX 76011

Business Description: TBB North Arlington, d/b/a The Biscuit Bar,
                      is a fast casual restaurant offering made-
                      to-order biscuit sandwiches, tots, salads,
                      and desserts, with a focus on Southern-
                      inspired flavors.  Their menu offers a mix
                      of savory and sweet dishes, all made from
                      scratch daily.  The Biscuit Bar caters to
                      breakfast, lunch, dinner, and late-night
                      cravings, with a variety of toppings and
                      craft drinks on tap.  The Biscuit Bar
                      launched its first location in Spring 2018
                      at The Boardwalk @ Granite Park in Plano,
                      TX.  Today, the brand has expanded to six
                      locations: Plano, Deep Ellum, Coppell, North
                      Arlington, the Stockyards in Fort Worth, and
                      Abilene.

Chapter 11 Petition Date: February 6, 2025

Court: United States Bankruptcy Court
       Northern District of Texas

Case No.: 25-30473

Debtor's Counsel: Thomas D. Berghman, Esq.
                  MUNSCH HARDT KOPF & HARR, P.C.
                  500 N. Akard St., Ste. 4000
                  Dallas, TX 75201
                  Tel: 214-855-7500
                  E-mail: tberghman@munsch.com

Estimated Assets: $50,000 to $100,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Jacob Burkett as manager.

The Debtor did not provide a list of its 20 largest unsecured
creditors in the petition.

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

https://www.pacermonitor.com/view/56UXXLI/TBB_North_Arlington_LLC__txnbke-25-30473__0001.0.pdf?mcid=tGE4TAMA


TBB STOCKYARDS: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: TBB Stockyards FW LLC
          d/b/a The Biscuit Bar
        128 E. Exchange Ave., Suit 640
        Fort Worth, TX 76164

Business Description: TBB Stockyards, (d/b/a The Biscuit Bar) is a
                      fast casual restaurant offering made-to-
                      order biscuit sandwiches, tots, salads, and
                      desserts, with a focus on Southern-inspired
                      flavors.  Their menu offers a mix of savory
                      and sweet dishes, all made from scratch
                      daily.  It caters to breakfast, lunch,
                      dinner, and late-night cravings, with a
                      variety of toppings and craft drinks on tap.
                      The Biscuit Bar launched its first location
                      in Spring 2018 at The Boardwalk @ Granite
                      Park in Plano, TX.  Today, the brand has
                      expanded to six locations: Plano, Deep
                      Ellum, Coppell, North Arlington, the
                      Stockyards in Fort Worth, and Abilene.

Chapter 11 Petition Date: February 6, 2025

Court: United States Bankruptcy Court
       Northern District of Texas

Case No.: 25-30474

Debtor's Counsel: Thomas D. Berghman, Esq.
                  MUNSCH HARDT KOPF & HARR, P.C.
                  500 N. Akard St., Ste. 4000
                  Dallas, TX 75201
                  Tel: 214-855-7500
                  E-mail: tberghman@munsch.com

Estimated Assets: $50,000 to $100,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Jacob Burkett as manager.

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

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

https://www.pacermonitor.com/view/CHTNQFI/TBB_Stockyards_FW_LLC__txnbke-25-30474__0001.0.pdf?mcid=tGE4TAMA


TDA ENTERPRISES: Gets OK to Use Cash Collateral Until April 30
--------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Arizona signed a
stipulated order allowing TDA Enterprises, Inc. to use cash
collateral until April 30 or until confirmation of a Chapter 11
plan.

TDA was authorized to use cash collateral for ordinary and
necessary expenses as set forth in the budget, which shows monthly
expenses of $209,863.

The court provided adequate protection to the U.S. Small Business
Administration in the form of a replacement lien on all
post-petition revenues of the company to the same extent, priority,
validity, and enforceability that its lien attached to the cash
collateral as of the petition date.

As additional protection, the SBA will receive a monthly payment of
$2,000.

                    About TDA Enterprises

TDA Enterprises, Inc. provides high-end smart home installations,
home theater setups, and outdoor audio video to residential and
commercial clients across Oregon, Washington, Nevada, California
and Arizona.

TDA Enterprises sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Ariz. Case No. 24-04930) on June 20,
2024. In the petition signed by Ron Wanless, president, the Debtor
disclosed up to $500,000 in assets and up to $10 million in
liabilities.

Judge Brenda Moody Whinery oversees the case.

The Debtor is represented by:

   ALLAN 2 NEWDELMAN
   Allan D Newdelman PC
   Tel: 602-264-4550
   Email: anewdelman@adnlaw.net


TEAK DECK: Carol Fox of GlassRatner Named Subchapter V Trustee
--------------------------------------------------------------
The U.S. Trustee for Region 21 appointed Carol Fox of GlassRatner
as Subchapter V trustee for Teak Deck Company.

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

The Subchapter V trustee can be reached at:

     Carol Fox
     GlassRatner
     200 East Broward Blvd., Suite 1010
     Fort Lauderdale, FL 33301
     Tel: 954.859.5075
     Email: cfox@brileyfin.com

                      About Teak Deck Company

Teak Deck Company sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-10818) on January 27,
2025, with $50,001 to $100,000 in assets and $1,000,001 to $10
million in liabilities.

Judge Mindy A. Mora presides over the case.

Julianne R. Frank, Esq. represents the Debtor as legal counsel.


TEAK DECK: Gets Interim OK to Use Cash Collateral Until Feb. 20
---------------------------------------------------------------
Teak Deck Co. received interim approval from the U.S. Bankruptcy
Court for the Southern District of Florida, West Palm Beach
Division, to use cash collateral until Feb. 20.

The court approved the company's budget, with a variance of up to
10% for any budget item.

The budget projects total operational expenses of $43,373 for
February; $41,635 for March; $37,817 for April; $40,270 for May;
$40,355 for June; and $39,250 for July.

The next hearing is scheduled for Feb. 20.

                    About Teak Deck Co.

Teak Deck Co. sells retail deck products and installs teak
decking.

Teak Deck sought protection under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. S.D. Fla. Case No. 25-10818) on January 27, 2025, with
$50,001 to $100,000 in assets and $1,000,001 to $10 million in
liabilities.

Judge Mindy A. Mora presides over the case.

Julianne R. Frank, Esq. represents the Debtor as legal counsel.


TEMPUR SEALY: S&P Affirms 'BB' ICR, Outlook Stable
--------------------------------------------------
S&P Global Ratings affirmed its 'BB' ratings on Tempur Sealy
International Inc. (Tempur). S&P also assigned a 'BBB-' issue-level
rating to Tempur's $1.6 billion senior secured term loan B. The
recovery rating is '1', indicating its expectation for very high
recovery (90%-100%; rounded recovery: 95%).

On Feb. 5, 2024, Tempur announced the completion of its acquisition
of Mattress Firm Group Inc. for a total purchase price of
approximately $5 billion. The transaction was funded by
approximately $2.7 billion of cash consideration (subject to
adjustments, including the repayment of Mattress Firm's debt and
other customary items) and the remainder with common stock
consideration issued to Mattress Firm shareholders.

S&P said, "We removed both tranches of Tempur's senior notes from
CreditWatch with negative implications and lowered our issue-level
ratings on this debt to 'BB-' from 'BB'. We revised our recovery
rating on this debt to '5' from '3' reflecting the substantial
increase in senior secured debt in the capital structure and
increased lease claims with the addition of Mattress Firm,
weakening recovery prospects for unsecured debtholders.

"The stable outlook reflects our expectation Tempur will deleverage
to about 3.2x over the next year.

"We forecast Tempur could deleverage to about 3.2x over the next
year. To fund the acquisition, the company utilized its $1.6
billion senior secured term loan B and $625 million senior secured
delayed draw term loan A. It also borrowed under its revolving
credit facility to complete the funding for the transaction. We
estimate S&P Global Ratings-adjusted debt increased to about $6.7
billion (including $1.3 billion of Mattress Firm leases that we
treat as debt), from $2.9 billion as of Sept. 30, 2024. We estimate
the company's pro forma S&P Global Ratings-adjusted leverage
increased to about 3.8x, compared with 2.8x for the 12-months ended
Sept. 30, 2024.

"While we expect continued constraints on consumer discretionary
spending, including slowing income growth and high interest rates,
we forecast Tempur's sales will increase at least 3% in fiscal 2025
due to distribution gains, new product launches, and replacement
demand. Following a prolonged period of weak demand in the U.S.
bedding category, we expect a modest recovery in 2025 driven by
replacement demand. Moreover, we expect the company to continue to
benefit from easing input costs and greater operating efficiency.
The company's S&P Global Ratings-adjusted EBITDA margin improved
about 130 basis points year-over-year to 21.1% during the 12-month
period ended Sept. 30, 2024, due to lower commodity costs, greater
operational efficiency, lower variable compensation, and lower
advertising expenses; partly offset by new lower margin
distribution. We forecast the company will continue to expand
profitability in fiscal 2025 due to operating leverage, greater
distribution and manufacturing efficiency, and its ability to
pass-on input cost inflation; partly offset by lower margin
contribution from Mattress Firm.

"We forecast Tempur could deleverage to about 3.2x over the next 12
months and to below 3x before the end of fiscal 2026. We believe
the company could be modestly impacted by potential increase in
tariffs on U.S. imports. While it primarily manufactures mattress
sold in the U.S. domestically, it sources certain inputs abroad. We
acknowledge the company's pricing power given its category and
technological leadership, nonetheless, broadly implemented tariffs
on U.S. imports could have a more meaningful effect on consumer
discretionary spending and could be a risk to our forecast.

"We expect the company to prioritize its strong free operating cash
flow (FOCF) for debt repayment. Tempur's FOCF has improved due to
higher profitability, lower capital expenditures, and lower working
capital use. It reported FOCF of about $460 million for the
nine-month period ended Sept. 30, 2024, compared with $326 million
for the same prior-year period. The company's capital expenditures
declined materially to about $76 million during the period, from
about $153 million for the same prior-year period, as investments
in a new foaming plant and other manufacturing initiatives were
completed. The new plant is now operating and ramping up
production. As a result of improved FOCF, Tempur was able to pay
down about $300 million in debt during the first nine months of
fiscal 2024. We estimate the company deleveraged to about 2.8x for
the 12-months ended Sept. 30, 2024, from about 3.2x for the same
prior-year period, despite continuing soft category demand in the
U.S. Tempur's strong FOCF generation should facilitate deleveraging
if the company continues to prioritize debt repayment over share
repurchases or acquisitions.

"The stable outlook reflects our expectation Tempur will deleverage
to about 3.2x over the next year.

"We could lower the rating if Tempur's operating performance
deteriorates, or the company demonstrates more aggressive financial
policies."

This could happen if:

-- Macroeconomic conditions weaken, leading to less-than-expected
consumer discretionary spending and lower demand for mattresses;

-- The integration of Mattress Firm is not successful and either
company loses market share; or

-- Tempur conducts large, debt-financed share repurchases or
acquisitions.

S&P said, "Under our current view of the company's business risk,
we could raise the rating if we believe Tempur will sustain
leverage below 3x through economic downturns. Alternatively, we
could raise the rating if we revise upward our business risk
assessment on Tempur and it sustains leverage below 4x."

This could happen if:

-- Demand for mattresses recovers sooner than expected and
Tempur's operating performance exceeds its expectations;

-- The successful integration of Mattress Firm results in
significant synergies of well over $100 million annually; and

-- Tempur prioritizes debt repayment over share repurchases and
acquisitions while sustaining positive discretionary cash flow.





TENET HEALTHCARE: Egan-Jones Cuts Senior Unsecured Ratings to BB-
-----------------------------------------------------------------
Egan-Jones Ratings Company on January 21, 2025, downgraded the
foreign currency and local currency senior unsecured ratings on
debt issued by Tenet Healthcare Corporation to BB- from B+. EJR
also withdrew the rating on commercial paper issued by the
Company.

Headquartered in Dallas, Texas, Tenet Healthcare Corporation owns
and operates general hospitals and related health care facilities.


THINK DEVELOPMENT: Leon Jones Named Subchapter V Trustee
--------------------------------------------------------
The U.S. Trustee for Region 21 appointed Leon Jones, Esq., at Jones
& Walden, LLC, as Subchapter V trustee for Think Development
Systems Inc.

Mr. Jones will be paid an hourly fee of $500 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:

     Leon S. Jones, Esq.
     Jones & Walden, LLC
     699 Piedmont Ave. NE
     Atlanta, GA 30308
     Phone: (404) 564-9300
     Email: ljones@joneswalden.com

               About Think Development Systems Inc.

Think Development Systems Inc. operates as a software solutions
provider specializing in custom programming, computer facilities
management, and consulting services. The company provides supply
chain management software solutions and IT staffing services to
government, retail, distribution, and manufacturing sectors.

Think Development Systems Inc. sought relief under Chapter 11 of
the U.S. Bankruptcy Code (Bankr. N.D. Ga. Case No. 25-50856) on
January 27, 2025. In its petition, the Debtor reports estimated
assets and liabilities between $1 million and $10 million each.

The Debtor is represented by:

     Will B. Geer, Esq.
     Rountree Leitman Klein & Geer LLCCentury Plaza I
     2987 Clairmont Road, Suite 350
     Atlanta, GA 30329
     Telephone: (404) 584-1238
     Facsimile: (404) 704-0246
     Email: wgeer@rlkglaw.com


THREE STOOGES: Hires M. Vincent Pazienza P.A. as Counsel
--------------------------------------------------------
Three Stooges & You, LLC seeks approval from the U.S. Bankruptcy
Court for the Middle District of Florida to employ Law Office of M.
Vincent Pazienza, P.A. to handle its Chapter 11 case.

The firm will be paid at these rates:

     M. Vincent Pazienza      $350 per hour
     Law Clerks               $250 per hour
     Paralegal                $100 per hour

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

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

M. Vincent Pazienza, a partner at Law Office of M. Vincent
Pazienza, 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:

     M. Vincent Pazienza, Esq.
     Law Office of M. Vincent Pazienza, P.A.
     23110 State Road 54, #277
     Lutz, FL 33549
     Telephone: (813) 949-9595
     Facsimile: (813)949-8686
     E-mail: vincent@pazlaw.com

              About Three Stooges & You LLC

Three Stooges & You LLC is a limited liability company operating
from Saint Petersburg, Florida.

Three Stooges & You LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. M.D. Fla. Case No. 25-00182) on January 14,
2025. In its petition, the Debtor reports estimated assets and
liabilities between $1 million and $10 million each.

Honorable Bankruptcy Judge Catherine Peek Mcewen handles the case.

The Debtor is represented by M. Vincent Pazienza, Esq., at Law
Office of M. Vincent Pazienza, d/b/a PazLaw, in Lutz, Florida.


TOWN & COUNTRY: Seeks to Hire Colliers as Real Estate Agent
-----------------------------------------------------------
Town & Country West, LLC and its affiliate seek approval from the
U.S. Bankruptcy Court for the Eastern District of California to
employ Colliers International as real estate agent.

The firm will market and sell these real properties:

   a. 2961 Fulton Avenue, Sacramento, CA 95821 ("Fulton"). Fulton
is a commercial strip/shopping mall; and

   b. 11354 White Rock Road, Rancho Cordova, CA 95742 ("White
Rock"). White Rock is a commercial property.

The firm will be paid based upon its normal and usual hourly
billing rates. The firm will also be reimbursed for reasonable
out-of-pocket expenses incurred.

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:

     David Herrera
     Colliers International
     555 Capitol Mall, Suite 275
     Sacramento, CA 95814
     Tel: (916) 563-3032

          - and -

     Trevor Jackson
     Colliers International
     301 University Avenue, Suite 100
     Sacramento, CA 95825
     Tel: (916) 563-3048.

              About Town & Country West, LLC

Town & Country West LLC is a Single Asset Real Estate (as defined
in 11 U.S.C. § 101(51B)).

Town & Country West LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D. Cal. Case No. 24-24493) on October 7,
2024. In the petition filed by Waqar Khan, as manager, the Debtor
reports estimated assets and liabilities between $10 million and
$50 million each.

The Honorable Bankruptcy Judge Ronald H. Sargis oversees the case.


TTM TECHNOLOGIES: Egan-Jones Retains B+ Senior Unsecured Ratings
----------------------------------------------------------------
Egan-Jones Ratings Company on January 21, 2025, maintained its 'B+'
foreign currency and local currency senior unsecured ratings on
debt issued by TTM Technologies, Inc. EJR also withdrew the rating
on commercial paper issued by the Company.

Headquartered in Santa Ana, California, TTM Technologies, Inc. is
an independent provider of time-critical, one-stop manufacturing
services for printed circuit boards.


TXMV2017 LLC: Gets Interim OK to Use Cash Collateral
----------------------------------------------------
TXMV2017, LLC received interim approval from the U.S. Bankruptcy
Court for the Southern District of Texas, Houston Division, to use
cash collateral.

The company owns a garden-style multifamily property consisting of
352 units, with a value of approximately $40.2 million. The
property generates rents from its tenants.

Prior to its Chapter 11 filing, TXMV2017 entered into a promissory
note with First Technology Federal Credit Union secured by a deet
of trust security agreement as to the property which appears to
include an assignment of rents. First Technology asserts that it is
owed approximately $21 million.

TXMV2017 will provide adequate protection to First Technology in
the form of a replacement lien on post-petition proceeds from the
collateral. In addition, First Technology will be granted an
administrative expense claim in case of any diminution in the value
of its collateral.

                      About TXMV2017 LLC

TXMV2017, LLC owns a 352-unit appartement complex.

TXMV2017 sought protection under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. S.D. Texas Case No. 25-30126) on January 6, 2025,
listing up to $50 million in both assets and liabilities. Fercan E.
Kalkan, sole manager and member, signed the petition.

Steven Shurn, Esq., at Hughes Watters Askanase, represents the
Debtor as legal counsel.

First Technology Federal Credit Union, as creditor, is represented
by:

     Michael P. Menton, Esq.
     Danika Lopez, Esq.
     SettlePou
     3333 Lee Parkway, Eighth Floor
     Dallas, Texas 75219
     Tel: (214) 520-3300
     Fax: (214) 526-4145
     mmenton@settlepou.com
     dlopez@settlepou.com


UMAPM HOLDING: Court Extends Cash Collateral Access to Feb. 24
--------------------------------------------------------------
The U.S. Bankruptcy Court for the District of Minnesota extended
UMAPM Holding Company, LLC's authority to use cash collateral until
Feb. 24.

The court order authorized the company to use the cash collateral
of its secured creditors including Choice Financial Group and the
U.S. Small Business Administration in accordance with its budget.

The order granted replacement liens to Choice Financial Group and
the SBA on UMAPM's post-petition assets as adequate protection for
the use of their cash collateral.

The replacement liens shall not attach to any pre-bankruptcy assets
of the company or to any claims arising pursuant to Chapter 5 of
the Bankruptcy Code.

                    About UMAPM Holding Company

UMAPM Holding Company, LLC sought protection under Chapter 11 of
the U.S. Bankruptcy Code (Bankr. D.M. Case No. 24-43262) with $0 to
$50,000 in assets and $1,000,001 to $10 million in laibilities.

Judge Katherine A Constantine oversees the case.

The debtor is represented by:

   Karl J. Johnson, Esq.
   Sapientia Law Group
   Tel: 612-756-7155
   Email:karlj@sapientialaw.com

   -- and --

   Alexander J. Beeby, Esq.
   Sapientia Law Group
   Tel: 612-756-7100
   Email: alexb@sapientialaw.com


UNDER ARMOUR: Egan-Jones Retains BB Senior Unsecured Ratings
------------------------------------------------------------
Egan-Jones Ratings Company on January 7, 2025, maintained its 'BB'
foreign currency and local currency senior unsecured ratings on
debt issued by Under Armour, Inc. EJR also withdrew the rating on
commercial paper issued by the Company.

Headquartered in Baltimore, Maryland, Under Armour, Inc. develops,
markets, and distributes branded athletic performance apparel,
footwear, and accessories.


UNITED HAULING: James Cross Named Subchapter V Trustee
------------------------------------------------------
The U.S. Trustee for Region 14 appointed James Cross, Esq., at
Cross Law Firm, PLC as Subchapter V trustee for United Hauling,
LLC.

Mr. Cross will be paid an hourly fee of $525 for his services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.

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

The Subchapter V trustee can be reached at:

     James E. Cross, Esq.
     Cross Law Firm, PLC
     P.O. Box 45469
     Phoenix, AZ 85064
     Phone: 602-412-4422
     Email: jcross@crosslawaz.com

                     About United Hauling LLC

United Hauling LLC offers reliable, safe, and punctual local and
long-distance equine transport.

United Hauling LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Ariz. Case No. 25-00718) on January 28,
2025. In its petition, the Debtor reported estimated assets and
liabilities between $1 million and $10 million.

The Debtor is represented by:

     M. Preston Gardner, Esq.
     DAVIS MILES MCGUIRE GARDNER, PLLC
     999 Playa del Norte, Suite 510
     Tempe, AZ 85288
     Tel: (480) 733-6800
     Fax: (480) 733-3748
     Email: azbankruptcy@davismiles.com


UNITED HAULING: Seeks to Hire Davis Miles PLLC as Attorney
----------------------------------------------------------
United Hauling, LLC seeks approval from the U.S. Bankruptcy Court
for the District of Arizona to employ Davis Miles, PLLC as
attorney.

The firm will provide these services:

     a. advise the Debtor as to its rights, duties, and powers as
debtor in possession;

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

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

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

The firm will charge the Debtor for its legal services on flat fee
basis in accordance with its ordinary and customary rates.

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

Preston Gardner, Esq., a partner at Davis Miles, PLLC, 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:

     Preston Gardner, Esq.
     Davis Miles, PLLC
     999 E. Playa del Norte, Suite 510
     Tempe, AZ 85288
     Telephone: (480) 733-6800
     Facsimile: (480) 733-3748
     Email: efile.dockets@davismiles.com

              About United Hauling LLC

United Hauling LLC offers reliable, safe, and punctual local and
long-distance equine transport.

United Hauling LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Ariz. Case No. 25-00718) on January 28,
2025. In its petition, the Debtor reports estimated assets and
liabilities between $1 million and $10 million.

The Debtor is represented by M. Preston Gardner, Esq., at DAVIS
MILES MCGUIRE GARDNER, PLLC.


UNITI FIBER: Fitch Assigns 'BB-sf' Final Rating on Class C Notes
----------------------------------------------------------------
Fitch Ratings has assigned final ratings and Rating Outlooks to
Uniti Fiber ABS Issuer LLC, Secured Fiber Network Revenue Term
Notes, Series 2025-1 as follows:

- $426,000,000 series 2025-1, class A-2, 'A-sf'; Outlook Stable;

- $65,000,000 series 2025-1, class B, 'BBB-sf'; Outlook Stable;

- $98,000,000 series 2025-1, class C, 'BB-sf'; Outlook Stable.

The following class is not rated by Fitch:

- $31,000,000(a) series 2025-1, class R.

(a) Horizontal credit risk retention interest representing 5% of
the 2025-1 notes.

   Entity/Debt           Rating             Prior
   -----------           ------             -----
Uniti Fiber ABS
Issuer LLC, Secured
Fiber Network
Revenue Notes,
Series 2025-1

   A-2               LT A-sf   New Rating   A-(EXP)sf
   B                 LT BBB-sf New Rating   BBB-(EXP)sf
   C                 LT BB-sf  New Rating   BB-(EXP)sf
   R                 LT NRsf   New Rating   NR(EXP)sf

Transaction Summary

The transaction is a securitization of contract payments derived
from an existing enterprise fiber network. The collateral assets
include conduits, cables, network-level equipment, access rights,
customer contracts and transaction accounts. Debt is secured by net
cash flow from operations and benefits from a perfected security
interest in the securitized assets.

The collateral network consists of the sponsor's enterprise fiber
network, which includes approximately 14,100 fiber route miles
(FRM), serves 10,000 buildings and supplies 4,000 wireless towers
across multiple counties in Florida, Alabama, Louisiana and
Mississippi. The collateral network supports 19,580 circuits that
provide dark/lit backhaul for fiber-to-the-tower (FTTT) wireless
customers, data transport, internet and ethernet connectivity
solutions for enterprise businesses, voice services and wholesale
last-mile fiber connections for wireline carriers.

The ratings reflect a structured finance analysis of cash flow from
the ownership interest in the underlying fiber optic network,
rather than an assessment of the corporate default risk of the
ultimate parent, Uniti Group Inc. (B+/Rating Watch Negative).

KEY RATING DRIVERS

Net Cash Flow and Leverage: Fitch's net cash flow (NCF) on the pool
is $56.3 million, implying a 14.1% haircut to issuer NCF. The debt
multiple relative to Fitch's NCF on the rated classes is 10.5x,
compared with debt/issuer NCF leverage of 9.0x.

Based on the Fitch NCF and assumed annual revenue growth of 2%, and
following the transaction's anticipated repayment date (ARD), the
notes would be repaid 20.0 years from closing.

Credit Risk Factors: The major factors affecting Fitch's
determination of cash flow and maximum potential leverage include
the high quality of the underlying collateral networks, low
historical churn, the creditworthiness of contract counterparties,
market position, market diversity, capability of the operator and
the transaction structure.

Technology-Dependent Credit: Due to the specialized nature of the
collateral and potential for changes in technology to affect
long-term demand for digital infrastructure, the senior classes of
this transaction do not achieve ratings above 'Asf'. The securities
have a rated final payment date 30 years after closing, and the
long-term tenor of the securities increases the risk that an
alternative technology, rendering obsolete the current transmission
of data through fiber optic cables, will be developed. Fiber optic
cable networks are currently the fastest and most reliable means to
transmit information, and data providers continue to invest in and
utilize this technology.

RATING SENSITIVITIES

Factors that Could, Individually or Collectively, Lead to Negative
Rating Action/Downgrade

Declining cash flow as a result of higher expenses, customer churn,
declining contract rates, contract amendments or the development of
an alternative technology for the transmission of data could lead
to downgrades.

Fitch's base case NCF was 14.1% below the issuer's underwritten
cash flow. A further 10% decline in Fitch's NCF indicates the
following ratings based on Fitch's determination of MPL: class A-2
to 'BBB-sf' from 'A-sf'; class B to 'BBsf' from 'BBB-sf'; class C
to 'Bsf' from 'BB-sf'.

Factors that Could, Individually or Collectively, Lead to Positive
Rating Action/Upgrade

Increasing cash flow from rate increases, additional customers,
lower expenses or contract amendments could lead to upgrades.

A 10% increase in Fitch's NCF indicates the following ratings based
on Fitch's determination of MPL: class A-2 to 'Asf' from 'A-sf';
class B to 'BBBsf' from 'BBB-sf'; class C to 'BBsf' from 'BB-sf'.

Upgrades, however, are unlikely given the issuer's ability to issue
additional pari passu notes. In addition, the senior classes are
capped at the 'Asf' category.

USE OF THIRD PARTY DUE DILIGENCE PURSUANT TO SEC RULE 17G -10

Form ABS Due Diligence-15E was not provided to, or reviewed by,
Fitch in relation to this rating action.

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.


US CELLULAR: Egan-Jones Retains B+ Senior Unsecured Ratings
-----------------------------------------------------------
Egan-Jones Ratings Company on January 14, 2025, maintained its 'B+'
foreign currency and local currency senior unsecured ratings on
debt issued by US Cellular. EJR also withdrew the rating on
commercial paper issued by the Company.

Headquartered in Chicago, Illinois, US Cellular operates in the
telecommunications industry.


US SILICA: Egan-Jones Retains B Senior Unsecured Ratings
--------------------------------------------------------
Egan-Jones Ratings Company on January 3, 2025, maintained its 'B'
foreign currency and local currency senior unsecured ratings on
debt issued by U.S. Silica Holdings, Inc. EJR also withdrew the
rating on commercial paper issued by the Company.

Headquartered in Katy, Texas, U.S. Silica Holdings, Inc. operates
as a holding company.


VAIL RESORTS: S&P Lowers Senior Unsecured Notes Rating to 'BB-'
---------------------------------------------------------------
S&P Global Ratings lowered its rating on Vail Resorts Inc.'s senior
unsecured notes to 'BB-' from 'BB' and revised the recovery rating
on this debt to '5' from '3' to reflect increased secured debt in
its waterfall, which reduces collateral available to unsecured
lenders in a recovery scenario.

S&P said, "Our '5' recovery rating indicates our expectation for
modest (10%-30%; rounded estimate: 10%) recovery under a
hypothetical default scenario. On Jan. 27, 2025, Vail amended the
credit agreement governing its term loan and revolving credit
facility due 2029 to provide $450 million of delayed draw term
loans (DDTL) and increase revolver capacity to $600 million from
$500 million. While the DDTL remains undrawn, we assume in our
recovery analysis that Vail will use the proceeds from it in
combination with revolver availability or cash on hand to repay its
convertible notes maturing January 2026. As a result, there is a
material increase, approximately $555 million, in secured debt in
our waterfall, inclusive of the delayed draw term loans, an assumed
85% revolver draw and six months prepetition interest. As a result,
less value is available to unsecured lenders in our recovery
scenario following a hypothetical event of default.

"We continue to assume Vail's S&P Global Ratings-adjusted net debt
to EBITDA will remain between 2.5x-3.0x through fiscal 2026 (ending
July 2026). Skier visitation year-to-date through Jan. 5, 2025 was
approximately flat compared to the prior ski season. Total lift
revenue for the same period increased 4.5%, primarily because of
price increases on its Epic pass products and better early season
conditions across its U.S. resorts. We forecast total revenue
growth of 2%-5% due to a 1%-2% increase in skier visits in fiscal
2025 and an increase in effective ticket prices (ETP).
Additionally, we expect its S&P Global Ratings-adjusted EBITDA
margin will expand to 31%-32% in fiscal 2025 and increase above 32%
in fiscal 2026 as the result of Vail's previously announced
two-year initiative aimed at reducing its cost base. The company
expects to realize $100 million in annualized savings, which will
come from more efficient operations at resorts, consolidation and
outsourcing of internal services and call centers, and a reduction
in hourly labor due to new workforce management technology. To a
lesser extent, a portion of the expected cost savings will derive
from reducing corporate employee headcount and its operational
workforce.

ISSUE RATINGS--RECOVERY ANALYSIS

Key analytical factors:

-- S&P's 'BB-' issue-level rating and '5' recovery rating on Vail
Resorts' $600 million senior unsecured notes due 2032 indicate its
expectation for modest (10%-30%; rounded estimate: 10%) recovery in
the event of a payment default.

-- S&P assumes Whistler Blackcomb and Andermatt-Sedrun will be
treated as unrestricted nonguarantor subsidiaries with a 65% stock
pledge to Vail Resorts Inc. and that Peak Resorts will be treated
as a nonguarantor subsidiary with a 100% stock pledge to Vail
Resorts Inc.

-- Vail Resorts' unsecured lenders benefit from modest unpledged
residual equity value (35%) from Whistler Blackcomb and
Andermatt-Sedrun because S&P's estimated distressed value of the
subsidiary assets exceed subsidiary debt claims. There is no
residual value generated from Peak Resorts assets given significant
amounts of outstanding debt at the subsidiary.

-- S&P assumes in its recovery analysis Vail draws down all $450
million of new delayed draw term loans to repay its $525 million
outstanding convertible notes due January 2026.

-- S&P's simulated default scenario considers a payment default by
2030 due to prolonged economic weakness, significantly reduced
consumer discretionary spending, and a downturn in leisure travel.

-- S&P assumes a reorganization following default and use an
emergence EBITDA multiple of 7x to value the company.

Simulated default assumptions:

-- Year of default: 2030
-- EBITDA at emergence: $330 million
-- EBITDA multiple: 7x

Simplified waterfall:

-- Net enterprise value after administrative expenses (5%): $2.19
billion

-- Obligor/nonobligor split: 79%/15%/3/3%

-- Estimated secured debt claims: $1.83 billion

-- Value available for secured debt claims: $1.85 billion

-- Estimated unsecured debt claims: $619 million

-- Value available for unsecured debt claims: $82 million

    --Recovery expectation: 10%-30% (rounded estimate: 10%)

All debt amounts include six months of prepetition interest.



VALEO PHARMA: Acquired by Xediton Under CCAA Proceedings
--------------------------------------------------------
Valeo Pharma Inc., a Canadian pharmaceutical company, announced on
Feb. 6, 2025, that it has closed a share purchase agreement with
Xediton Pharmaceuticals Inc. in its proceedings under the
Companies' Creditors Arrangement Act.

As part of its CCAA proceedings, the Company implemented a
Court-supervised sale and investor solicitation process conducted
by Ernst & Young Inc., court appointed monitor in the CCAA
proceedings. After a careful review of all offers received in the
SISP and following thorough consultations with its legal advisors,
the Monitor and certain of its stakeholders, the Company's Board of
Directors determined that the Transaction put forward by the
Purchaser was in the best interest of Valeo and its stakeholders
and approved the Transaction.

The Transaction was then approved by the Quebec Superior Court on
February 4, 2025 pursuant to an approval and reverse vesting order.
Pursuant to and under the terms of the Transaction, the Purchaser
has acquired 100% of the issued and outstanding shares of Valeo. As
a result of the Transaction, the Purchaser as the new owner of
Valeo:

-- will retain Valeo's existing licenses and operating permits;

-- will retain substantially all of Valeo's supply and product
listing agreements and related inventory, accounts receivable,
intellectual property, certain other tangible property and
regulatory, clinical and other data; and

-- retain ownership of Valeo's subsidiaries, Valeo Pharma Corp. and
VPI Pharmaceuticals Inc.; and

Certain excluded liabilities and excluded assets of Valeo will be
discharged from Valeo pursuant to the Vesting Order. At this time,
the Company expects there will be no recovery for Valeo's existing
shareholders.

Details of the Transaction can be accessed on the Monitor's website
here.

"We are pleased to announce the closing of our transaction with
Xediton and although we would have liked to see Valeo continue its
commercial activities as before, we believe that this transaction
was the best one to preserve a maximum number of jobs at Valeo, and
the continuation of excellent relations and commercial activities
with all our business partners", said Al Moghaddam, CEO.

"Through this acquisition, we are reaffirming our dedication to
patient care and industry leadership," said George Gafrey,
President & CEO of Xediton. "Our immediate focus will be on
ensuring a seamless transition for patients, healthcare
practitioners, Valeo's partners and all stakeholders, while
revitalizing and expanding Valeo's product offerings."

          About Xediton Pharmaceuticals Inc.

Xediton Pharmaceuticals is a specialty pharmaceutical company with
a focus on meeting the needs of patients, physicians and partners.
Xediton Pharmaceuticals is committed to developing, partnering and
making available new and established medicines to promote the
health of Canadians. Located in the Greater Toronto Area, Canada,
Xediton Pharmaceuticals has products in Oncology, Anti-Infectives,
Pain, CNS, GI, Ophthalmology, Renal and CV and has built strong
strategic alliances with Global and International Healthcare and
pharmaceutical companies. For more information, please visit
www.xediton.com.

          About Valeo Pharma

Valeo Pharma is a Canadian pharmaceutical company dedicated to the
commercialization of innovative prescription products in Canada
with a focus on Respiratory/Allergy, Ophthalmology and Hospital
Specialty Products. Headquartered in Kirkland, Quebec, Valeo Pharma
has all the required capabilities and the full infrastructure to
register and properly manage its growing product portfolio through
all stages of commercialization. For more information, please visit
www.valeopharma.com and follow us on LinkedIn and Twitter.


VENUS CONCEPT: Signs Consent Agreement, Secures $3M Loan Drawdown
-----------------------------------------------------------------
Venus Concept Inc. disclosed in a Form 8-K Report filed with the
U.S. Securities and Exchange Commission that the Company, Venus
Concept USA, Inc., a wholly-owned subsidiary of the Company, Venus
Concept Canada Corp., a wholly-owned Canadian subsidiary of the
Company, and Venus Concept Ltd., a wholly-owned Israeli subsidiary
of the Company, entered into a Consent Agreement with Madryn Health
Partners, LP and Madryn Health Partners (Cayman Master), LP.

The Consent Agreement granted relief under the Loan and Security
Agreement (Main Street Priority Loan), dated December 8, 2020,
among the Lenders and Venus USA, as borrower, such that:

    (i) certain minimum liquidity requirements under the MSLP Loan
Agreement are waived through February 28, 2025, and
   (ii) to permit Venus USA to apply the February 8, 2025 cash
interest payment due under each Note (as defined in the Consent
Agreement) to the respective outstanding principal balance of each
Note.

                  Eleventh Bridge Loan Amendment
                    and Sixth Delayed Drawdown

As previously disclosed, on April 23, 2024, the Loan Parties
entered into a Loan and Security Agreement, among the Borrower, as
borrower, the Company, Venus Canada and Venus Israel, collectively
as guarantors, the Lenders, as lenders, and Madryn, as
administrative agent.  Pursuant to the Loan and Security Agreement
(as amended), the Lenders have agreed to provide the Borrower with
bridge financing in the form of a term loan in one or more draws in
an aggregate principal amount of up to $5,000,000, which amount was
subsequently increased to $8,237,906.85. Borrowings under the
Bridge Financing will bear interest at a rate per annum equal to
12%.

On the maturity date of the Bridge Financing, the Loan Parties are
obligated to make a payment equal to all unpaid principal and
accrued interest.  The Loan and Security Agreement also provides
that all present and future indebtedness and the obligations of the
Borrower to Madryn shall be secured by a priority security interest
in all real and personal property collateral of the Loan Parties.

     * The initial drawdown under the Loan and Security Agreement
occurred on April 23, 2024, when the Lenders agreed to provide the
Borrower with bridge financing in the form of a term loan in the
principal amount of $2,237,906.85.

     * The second drawdown under the Loan and Security Agreement
occurred on July 26, 2024, when the Lenders agreed to provide the
Borrower with a subsequent drawdown under the Loan and Security
Agreement in the principal amount of $1,000,000.

     * The third drawdown under the Loan and Security Agreement
occurred on September 11, 2024, when the Lenders agreed to provide
the Borrower with a subsequent drawdown under the Loan and Security
Agreement in the principal amount of $1,000,000.

     * The fourth drawdown under the Loan and Security Agreement
occurred on November 1, 2024, when the Lenders agreed to provide
the Borrower with a subsequent drawdown under the Loan and Security
Agreement in the principal amount of $1,000,000.

     * The fifth drawdown under the Loan and Security Agreement
occurred on November 26, 2024, when the Lenders agreed to provide
the Borrower with a subsequent drawdown under the Loan and Security
Agreement in the principal amount of $1,200,000.

     * The sixth drawdown under the Loan and Security Agreement
occurred on December 9, 2024, when the Lenders agreed to provide
the Borrower with a subsequent drawdown under the Loan and Security
Agreement in the principal amount of $1,500,000.

On January 28, 2025, the Loan Parties entered into an Eleventh
Bridge Loan Amendment Agreement with the Lenders. The Eleventh
Bridge Loan Amendment amended the Loan and Security Agreement to:

     (i) increase the Delayed Draw Commitment, as defined in the
Loan and Security Agreement, from $6,000,000 to $11,000,000 and
    (ii) extend the maturity date of the Bridge Financing from
January 31, 2025 to February 28, 2025.

On January 27, 2025, the Lenders agreed to provide the Borrower
with a subsequent drawdown under the Loan and Security Agreement in
the principal amount of $3,000,000. The Sixth Delayed Drawdown was
fully funded on January 28, 2024 following the effectiveness of the
Eleventh Bridge Loan Amendment. The Company expects to use the
proceeds of the Sixth Delayed Drawdown, after payment of
transaction expenses, for general working capital purposes.

                        About Venus Concept

Toronto, Ontario-based Venus Concept Inc. is an innovative global
medical technology company that develops, commercializes, and
delivers minimally invasive and non-invasive medical aesthetic and
hair restoration technologies and related services.  The Company's
systems have been designed on cost-effective, proprietary, and
flexible platforms that enable the Company to expand beyond the
aesthetic industry's traditional markets of dermatology and plastic
surgery, and into non-traditional markets, including family
medicine and general practitioners and aesthetic medical spas.

Toronto, Canada-based MNP LLP, the Company's auditor since 2019,
issued a "going concern" qualification in its report dated April 1,
2024, citing that the Company has reported recurring net losses and
negative cash flows from operations that raise substantial doubt
about its ability to continue as a going concern.


VH NUTRITION: Hires Costello Accounting & Tax LLC as Accountant
---------------------------------------------------------------
VH Nutrition, LLC seeks approval from the U.S. Bankruptcy Court for
the Central District of California to employ Costello Accounting &
Tax LLC as accountant.

The firm will assist the Debtor in the preparation of tax returns,
U.S. Trustee reports, and other accounting services.

The firm will be paid at these rates:

    -- Monthly bookkeeping and accounting services - flat fee of
$800 per month;

    -- Annual preparation Federal and state S-Corporation income
tax returns - flat fee of $2,500.

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

Jarrett S. Rummel, a partner at Costello Accounting & Tax 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:

     Jarrett S. Rummel
     Costello Accounting & Tax LLC
     7 Liberty Dr. Second floor
     Hebron, CT 06248
     Tel: (860) 228-2822
     Fax: (860) 228-2866
     Email: costellocompany@comcast.net

              About VH Nutrition

VH Nutrition, LLC sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. C.D. Calif. Case No. 25-10005) on January
3, 2025, with up to $500,000 in assets and up to $10 million in
liabilities. Drew Littlejohns, chief executive officer of VH
Nutrition, signed the petition.

Judge Ronald A. Clifford, III oversees the case.

William C. Beall, Esq., at Beall & Burkhardt, APC, represents the
Debtor as legal counsel.


VIAD CORP: S&P Withdraws 'B' ICR Following GES Segment Divestiture
------------------------------------------------------------------
S&P Global Ratings withdrew all its ratings on Viad Corp (currently
known as Pursuit) and its debt, including the 'B' issuer credit
rating, following completion of Viad’s divestiture of its Global
Experience Specialists (GES) business segment and full repayment of
its debt.

At the time of withdrawal, the rating outlook was positive.



VIPER ENERGY: Fitch Puts 'BB' LongTerm IDR on Watch Positive
------------------------------------------------------------
Fitch Ratings has placed the 'BB' Long-Term Issuer Default Ratings
(IDRs) and all issue-level ratings of Viper Energy, Inc. and Viper
Energy Partners LLC on Rating Watch Positive (RWP).

The RWP placement follows the announcement that Viper has entered
into a definitive agreement with Diamondback Energy, Inc. (FANG;
BBB+/Stable) to acquire mineral and royalty interest owning
subsidiaries in 100% equity-funded drop-down transaction valued at
approximately $4.45 billion. Viper also announced a nearly $330
million bolt-on transaction funded with cash and equity to the
seller.

The transactions meaningfully augment Viper's Permian footprint via
high-quality, predominantly FANG-operated acreage and increase
Viper's total production by over 60%.

Fitch expects to resolve the Rating Watch upon close of the
drop-down transaction, which is currently expected in 2Q25.
Although unlikely, the closing of the transaction and resolution of
the RWP could take longer than six months.

Key Rating Drivers

Credit-Accretive Transactions: Fitch views Viper's announced
transactions favorably given significant equity funding which will
be accretive to leverage metrics and result in midcycle leverage
sustained below 1.5x. The consideration for the transaction will
consist of approximately 69.6 million units to FANG and $1.0
billion of cash. The cash portion is expected to be funded via the
company's recently announced $1.1 billion primary equity offering.

High-Quality Permian Assets: The announced transactions will
increase Viper's oil production by over 60% and provide
high-quality, FANG-operated acreage in the core of the Midland
basin. Pro forma production is expected at over 85,000 barrels of
oil equivalent per day (Mboed) (56% oil), of which nearly 60% of
the production will be associated with FANG. Fitch projects Viper's
production profile will grow at mid-single-digit levels through the
forecast and is supported by the unique relationship with FANG and
incentives for FANG to drill on Viper acreage.

Unique Asset Base: Viper's asset base is unique relative to
growth-oriented independent exploration and production (E&P)
companies. Viper owns and acquires mineral and royalty interests in
oil and gas properties across the Permian Basin. Viper's net
royalty acreage is highly contiguous and largely undeveloped; in
the core of the Permian, it is less than 35% developed. The royalty
structure means the asset requires no operating expenses and
fosters organic growth without any capex, resulting in higher
margins than operating peers in the Permian.

FANG-Linked Production: Fitch forecasts Viper's net royalty
production attributed to parent Diamondback's operating activity to
be maintained at over 60%. Diamondback's highest-return wells are
on Viper's net royalty acres in the Northern Midland Basin, and
management expects Diamondback will continue to target this acreage
in the near and medium terms. Fitch believes this linkage provides
a production floor and drives Viper's production growth through the
forecast.

Management Overlap Reduces Volumetric Risks: In general, Viper has
strong insight into Diamondback's volumes and drilling plans, given
their shared management team. This reduces volumetric and cash flow
risks, and provides considerably more visibility and certainty
around volumes from third-party non-operated interests.
Consolidation of mineral interests on third-party acreage could
potentially result in additional cash flow risk in the longer
term.

Distribution Policy Provides Flexibility: Management's variable
distribution rate of at least 75% of FCF rewards shareholders,
while the remaining 25% provides Viper additional financial
flexibility and capital optionality. The company's high margin
profile and lack of capital costs supports robust FCF generation
throughout Fitch's price deck. Fitch expects post-dividend FCF to
be allocated toward repayment of the revolver in the near term and
believes a portion could be used for M&A funding in the medium
term.

Uplift from Linkage with Parent: Viper's IDR receives a one-notch
uplift due to the moderate linkage between the company and its
higher-rated parent, Diamondback. The linkage reflects the lack of
strong legal ties (debt guarantees and cross defaults), weaker
strategic ties given Viper's low overall financial contribution,
and moderate operational ties as the companies have shared
management personnel, including the same CEO, and as Diamondback
generates stronger unit economics on Viper acreage.

Derivation Summary

Viper is an independent E&P company focused on owning the mineral
interests of the liquids-oriented Delaware and Midland basins, with
pro forma net production of over 85 Mboed (56% oil).

Production size, due to the nature of the royalties business, is
substantially smaller than its 'BB' category E&P peers including
Murphy Oil Corp. (BB+/Positive; 191 Mboed in 3Q24), Matador
Resources Company (BB-/Positive; 171 Mboed in 3Q24), SM Energy
Company (BB/Stable; 170 Mboed in 3Q24) and Vermilion Energy Inc.
(BB-/Negative; approximately 135 Mboed pro forma the Westbrick
deal). Viper's production will be significantly larger than mineral
and royalties peer Sitio Royalties Operating Partnership, LP
(B+/Stable; 39 mboed in 3Q24).

Viper has a high oil mix and minimal operating costs, resulting in
Fitch-calculated unhedged cash netbacks higher than peers. Strong
netbacks and a lack of capex results in the highest pre-dividend
FCF margins of Fitch's aggregate E&P peer group.

Key Assumptions

- West Texas Intermediate oil prices of $65/bbl in 2025, $60/bbl in
2026, $60/bbl in 2027 and $57/bbl in 2028;

- Henry Hub natural gas prices of $2.50/mcf in 2025 and $2.75/mcf
in 2026 and thereafter;

- Announced FANG drop-down transaction closes in 2Q25;

- Acquisition-related growth in 2025 and single-digit growth
thereafter;

- Distribution rate of 75% in 2025 and thereafter;

- FCF after dividends used to repay revolver borrowings.

RATING SENSITIVITIES

Factors that Could, Individually or Collectively, Lead to Negative
Rating Action/Downgrade

- Erosion in Diamondback's credit profile or material reduction in
parent support for Viper (on an ownership, acreage or production
basis);

- Change in financial policy, particularly regarding publicly
stated leverage targets and debt-funded M&A appetite;

- Midcycle debt/EBITDA above 3.0x on a sustained basis.

Factors that Could, Individually or Collectively, Lead to Positive
Rating Action/Upgrade

- Completion of the contemplated transactions under proposed
terms.

Factors that Could, Individually or Collectively, Lead to Positive
Rating Action/Upgrade Independent of the Transaction:

- Improving operational and/or strategic ties to Diamondback that
leads to a stronger parent-subsidiary linkage;

- Increased size and scale, resulting in midcycle EBITDA sustained
above $750 million while maintaining a strong relationship with
Diamondback;

- Midcycle debt/EBITDA maintained below 2.0x on a sustained basis;

- Leverage sensitivities are consistent with higher-rated peers and
are unlikely to change upon future rating upgrades.

Liquidity and Debt Structure

Following the announced transactions, Fitch expects the minimal
incremental RBL borrowings used to fund the transactions will be
repaid in a timely manner given enhanced post-dividend FCF and
management's commitment to sub-1.5x leverage metrics.

Fitch believes management's financial policy decisions will
continue to reward shareholders through distributions and buybacks,
but will also allow for repayment of the revolver.

Issuer Profile

Viper Energy, Inc., along with its subsidiary Viper Energy Partners
LLC, owns the oil and gas mineral, royalty, overriding royalty, and
similar interests operated primarily by its parent company
Diamondback Energy, Inc. and third parties in the Permian basin.

MACROECONOMIC ASSUMPTIONS AND SECTOR FORECASTS

Fitch's latest quarterly Global Corporates Macro and Sector
Forecasts data file which aggregates key data points used in its
credit analysis. Fitch's macroeconomic forecasts, commodity price
assumptions, default rate forecasts, sector key performance
indicators and sector-level forecasts are among the data items
included.

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   Prior
   -----------              ------                --------   -----
Viper Energy
Partners LLC          LT IDR BB   Rating Watch On            BB

   senior secured     LT     BBB- Rating Watch On   RR1      BBB-

Viper Energy, Inc     LT IDR BB   Rating Watch On            BB

   senior unsecured   LT     BB   Rating Watch On   RR4      BB


VYRIPHARM BIOPHARMACEUTICALS: Subchapter V Trustee Named
--------------------------------------------------------
The U.S. Trustee for Region 7 appointed Melissa Haselden, Esq., at
Haselden Farrow, PLLC as Subchapter V trustee for Vyripharm
Biopharmaceuticals Inc.

Ms. Haselden will be paid an hourly fee of $595 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 Vyripharm Biopharmaceuticals

Vyripharm Biopharmaceuticals Inc. is a leading
biopharmaceutical/biotechnology innovator in personalized
medicine.

Vyripharm Biopharmaceuticals Inc. sought relief under Chapter 11 of
the U.S. Bankruptcy Code (Bankr. S.D. Texas Case No. 25-30395) on
January 27, 2025. In its petition, the Debtor reports estimated
assets up to $50,000 and estimated liabilities between $50,000 and
$100,000.

Judge Jeffrey P. Norman handles the case.

The Debtor is represented by:

     Susan Tran Adams, Esq.
     Tran Singh LLP
     2502 La Branch Street
     Houston, TX 77004
     Phone: 832-975-7300
     Fax: 832-975-7301
     Email: stran@ts-llp.com


WILDCAT LENDER: Seeks Subchapter V Bankruptcy in California
-----------------------------------------------------------
On February 4, 2025, Wildcat Lender LLC filed Chapter 11
protection in the U.S. Bankruptcy Court for the Central District
of California.

According to court filing, the Debtor reports up to $50,000 in
debt owed to 1 and 49 creditors. The petition states funds will be
available to unsecured creditors.

           About Wildcat Lender LLC

Wildcat Lender LLC is a limited liability company.

Wildcat Lender LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. C.D. Cal. Case No.: 25-10304) on February
4, 2025. In its petition, the Debtor reports estimated assets
between $1 million and $10 million and estimated liabilities up to
$50,000.

Honorable Bankruptcy Judge Scott C. Clarkson handles the case.

The Debtor is represented by:

     David A. Wood, Esq.
     MARSHACK HAYS WOOD LLP
     870 Roosevelt
     Irvine, CA 92620-3663
     Tel: (949) 333-7777
     E-mail: dwood@marshackhays.com


WINWARD DESIGN: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: Windward Design Group, Inc.
        5413 15th Street East
        Bradenton, FL 34203

Chapter 11 Petition Date: February 6, 2025

Court: United States Bankruptcy Court
       Middle District of Florida

Case No.: 25-00780

Judge: Hon. Catherine Peek McEwen

Debtor's Counsel: Edward J. Peterson, Esq.
                  JOHNSON, POPE, BOKOR, RUPPEL & BURNS, LLP
                  400 N Ashley Dr. #3100
                  Tampa, FL 33602
                  Tel: 813-225-2500

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by David G. Peace as president.

The Debtor did not provide a list of its 20 largest unsecured
creditors in the petition.

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

https://www.pacermonitor.com/view/SAU5K4A/Windward_Design_Group_Inc__flmbke-25-00780__0001.0.pdf?mcid=tGE4TAMA


WOLVERINE WORLD: Egan-Jones Retains B- Senior Unsecured Ratings
---------------------------------------------------------------
Egan-Jones Ratings Company on January 22, 2025, maintained its 'B-'
foreign currency and local currency senior unsecured ratings on
debt issued by Wolverine World Wide, Inc. EJR also withdrew the
rating on commercial paper issued by the Company.

Headquartered in Rockford, Michigan, Wolverine World Wide, Inc.
manufactures and markets branded footwear and performance leathers.


WOOD DESIGN: Gets Interim OK to Use Cash Collateral Until Feb. 26
-----------------------------------------------------------------
Wood Design R US, LLC got the green light from the U.S. Bankruptcy
Court for the Southern District of Florida to use cash collateral.

The interim order signed by Judge Erik Kimball authorized the
company to use cash collateral, including cash on hand, until Feb.
26 in accordance with its budget.

The 30-day budget shows total projected expenses of $136,200.

Several purported creditors, including OnRamp Funds, Inc., Forward
Financing and YouLend Limited have asserted security interests in
the cash collateral. These creditors, together, hold $127,055.88 in
claims against the company.

The next hearing is set for Feb. 26.

                      About Wood Design R US

Wood Design R US, LLC filed a petition under Chapter 11, Subchapter
V of the Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-10236) on
January 10, 2025, with up to $50,000 in assets and up to $500,000
in liabilities. Aleida Martinez Molina, Esq., serves as Subchapter
V trustee.

Judge Erik P. Kimball presides over the case.

The Debtor is represented by:

     Robert A. Stiberman, Esq.
     Stiberman Law, P.A.
     2601 Hollywood Blvd.
     Hollywood, FL 33020
     Telephone: (954) 922-2283
     Facsimile: (954) 302-8707
     Email: ras@stibermanlaw.com


WORLDWIDE IMPORTS: Voluntary Chapter 11 Case Summary
----------------------------------------------------
Debtor: Worldwide Imports, Inc.
        1261 Pass Rd.
        Gulfport, MS 39501

Chapter 11 Petition Date: February 7, 2025

Court: United States Bankruptcy Court
       Southern District of Mississippi

Case No.: 25-50175

Judge: Hon. Jamie A Wilson

Debtor's Counsel: Patrick Sheehan, Esq.
                  SHEEHAN AND RAMSEY, PLLC
                  429 Porter Ave
                  Ocean Springs, MS 39564
                  Tel: 228-875-0572
                  E-mail: Pat@sheehanramsey.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $500,000 to $1 million

The petition was signed by Thomas Anthony Swarek as president.

The Debtor has stated in the petition that there are no unsecured
creditors.

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

https://www.pacermonitor.com/view/YBWW2NQ/Worldwide_Imports_Inc__mssbke-25-50175__0001.0.pdf?mcid=tGE4TAMA


WRESTLING COLLECTOR: Seeks to Hire Baker & Associates as Counsel
----------------------------------------------------------------
Wrestling Collector Shop, LLC seeks approval from the U.S.
Bankruptcy Court for the Southern District of Texas to hire Baker &
Associates as counsel.

The firm will render these services:

    (a) analyze the financial situation, and render advice and
assistance to the Debtor;

    (b) advise the Debtor with respect to its duties;

    (c) prepare and file all appropriate legal papers;

    (d) represent the Debtor at the first meeting of creditors and
such other services as may be required during the course of the
bankruptcy proceedings;

    (e) represent the Debtor in all proceedings before the court
and in any other judicial or administrative proceeding where its
rights may be litigated or otherwise affected;

    (f) prepare and file a Disclosure Statement (if required) and
Chapter 11 Plan of Reorganization; and

    (g) assist the Debtor in any matters relating to or arising out
of the captioned case.

The firm received a retainer in the amount of $8,000. Baker applied
$1,738 of such amount for filing fees and other amounts for
pre-petition fees and expenses.

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

Reese Baker, Esq., a partner at Baker & 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 through:

     Reese W. Baker, Esq.
     Baker & Associates
     950 Echo Lane Ste. 300
     Houston, TX 77024
     Telephone: (713) 869-9200
     Facsimile: (713) 869-9100
     Email: courtdocs@bakerassociates.net

      About Wrestling Collector Shop

Wrestling Collector Shop, LLC a specialty retailer based in
Cypress, Texas.

Wrestling Collector Shop sought relief under Subchapter V of
Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Texas Case No.
25-30276) on January 15, 2025, listing up to $50,000 in assets and
between $100,000 and $500,000 in liabilities. Jarrod Martin, Esq.,
a practicing attorney in Houston, serves as Subchapter V trustee.

Judge Alfredo R. Perez handles the case.

The Debtor is represented by Reese W. Baker, Esq., at Baker &
Associates.


WW INTERNATIONAL: S&P Downgrades ICR to 'CCC-', Outlook Negative
----------------------------------------------------------------
S&P Global Ratings lowered the issuer credit rating on WW
International Inc. to 'CCC-' from 'CCC' and the issue level rating
on the company's senior secured debt to 'CCC-' from 'CCC'. The
recovery rating remains '4', indicating S&P's expectation for
average recovery (30%-50%; rounded estimate 30%) in the event of a
default.

The negative outlook reflects our view that WW is vulnerable to a
near-term payment default, covenant breach, or distressed exchange
over the next six months.

WW International Inc. announced that on Jan. 31, 2025, it borrowed
$121.3 million under its $175 million revolving credit facility.
The aggregate principal amount of borrowings under the revolving
credit facility is now $175 million, well in excess of the
springing covenant threshold.

S&P said, "We anticipate a default over the next six months after
WW fully drew down all remaining availability under its $175
million revolving credit facility. On Jan. 31, 2025, WW borrowed
$121 million under its senior secured revolving credit facility,
leading to the $175 million facility being fully drawn, including
$3.7 million undrawn letters of credit. This is despite having
approximately $57 million cash on hand as of Sept. 28, 2024. The
company stated it incurred the borrowings under the revolving
credit facility to provide it with financial flexibility rather
than to address near-term liquidity requirements. However, we
believe WW is in distress; this action likely signals a
restructuring event over the near term. This comes after several
senior management departures over the past year, including both the
former CEO and CFO. The company's debt trading prices remain
depressed--with all of its debt trading at about 20 cents on the
dollar. This could also encourage some form of a distressed
exchange.

"We expect WW will default on its maximum net leverage covenant for
the reporting period ending March 29, 2025. The revolving credit
facility has a springing consolidated first-lien net leverage
covenant that applies when utilization exceeds 35% (which equates
to about $61.25 million). Because the revolver is now fully drawn,
the covenant will be in effect. The covenant is currently set at
5.25x. We expect the company will breach this covenant because
leverage exceeds 10x. Additionally, we anticipate continued
operating challenges in 2025 with negative free operating cash
flow. If the company cannot remedy the anticipated financial
covenant default under the revolver, borrowings on this facility
could accelerate, followed potentially by accelerations of its term
loan borrowings and notes. We believe an acceleration could occur
over the next four months.

"WW continues to experience operational headwinds due to the
secular decline and intense competitiveness of the weight loss
industry. We expect the company will continue to report declining
core digital and workshop subscribers and revenues in 2025, and
clinical subscribers remain a small fraction of its overall
subscriber base and revenue. We ultimately believe WW's subscriber
base has aged and its brand is out of favor, especially among
younger consumers, and that it will continue to face top-line
headwinds as younger consumers seek out newer brands and pursue
weight loss alternatives.

"The negative outlook reflects our view that WW is vulnerable to a
near-term payment default, covenant breach, or distressed exchange
over the next six months.

"We could lower our ratings on WW if the company misses a principal
or interest payment or announces or completes any type of debt
restructuring transaction that we view as distressed and tantamount
to a default."

While highly unlikely, S&P could raise the rating if it no longer
believes there is risk of default over the next six months.



WYNN RESORTS: Egan-Jones Retains CCC+ Senior Unsecured Ratings
--------------------------------------------------------------
Egan-Jones Ratings Company on January 14, 2025, maintained its
'CCC+' foreign currency and local currency senior unsecured ratings
on debt issued by Wynn Resorts. EJR also withdrew the rating on
commercial paper issued by the Company.

Headquartered in Las Vegas, Nevada, Wynn Resorts, Limited owns and
operates hotels and casino resorts.


X4 PHARMACEUTICALS: The Vanguard Group Holds 4.8% Stake
-------------------------------------------------------
The Vanguard Group disclosed in a Schedule 13G/A Report filed with
the U.S. Securities and Exchange Commission that as of December 31,
2024, it beneficially owned 8,200,903 shares of X4 Pharmaceuticals,
Inc.'s Common Stock, representing 4.8% of the shares outstanding.

The Vanguard Group may be reached at:

     Ashley Grim
     Head of Global Fund Administration
     100 Vanguard Blvd.
     Malvern, PA 19355
     Tel: 610-669-1000

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

                  https://tinyurl.com/2kx93y4d

                     About X4 Pharmaceuticals

Boston, Mass.-based X4 Pharmaceuticals, Inc. is a biopharmaceutical
company focused on discovering, developing, and commercializing
novel therapeutics for the treatment of rare diseases and those
with limited treatment options, particularly conditions resulting
from immune system dysfunction.

The Company cautioned in its Form 10-Q Report for the quarterly
period ended March 31, 2024, that substantial doubt exists about
its ability to continue as a going concern. The Company said,
"Since our inception, we have incurred significant operating losses
and negative cash flows from our operations. As of March 31, 2024,
our cash and cash equivalents were $60.5 million, our restricted
cash balance was $0.8 million, and our investment in marketable
securities was $20.4 million. We have a covenant under our Hercules
Loan Agreement that currently requires that we maintain a minimum
level of cash of $20 million through January 31, 2025, subject to
subsequent reductions. Based on our current cash flow projections,
which exclude any benefit from the potential sale of our PRV, no
additional borrowings that may become available on Hercules Loan
Agreement, and with no additional external funding, we believe that
we will not be able to maintain the minimum cash required to
satisfy this covenant beginning in the first quarter of 2025. In
such event, the lenders could require the repayment of all
outstanding debt."

As of September 30, 2024, X4 Pharmaceuticals had $178.2 million in
total assets, $118.5 million in total liabilities, and $59.6
million in total stockholders' equity.


YELLOW CORP: Achieves Partial Victory in Pension Battle
-------------------------------------------------------
Steven Church of Bloomberg News reports that Yellow Corp., the
former trucking company, secured a partial court victory in its
ongoing dispute with pension funds regarding the amount it should
pay for ending its retirement obligations.

U.S. Bankruptcy Judge Craig Goldblatt sided with Yellow's approach
to calculating the payment, known as withdrawal liability,
according to the report.  Five of Yellow's pension funds had argued
the company owed $540 million for exiting their plan. Goldblatt's
ruling suggests Yellow will likely owe less than the amount the
funds had requested, the report related.

                    About Yellow Corporation

Yellow Corporation -- http://www.myyellow.com/-- operates
logistics and less-than-truckload (LTL) networks in North America,
providing customers with regional, national, and international
shipping services throughout. Yellow's principal office is in
Nashville, Tenn., and is the holding company for a portfolio of LTL
brands including Holland, New Penn, Reddaway, and YRC Freight, as
well as the logistics company Yellow Logistics.

Yellow Corporation and 23 affiliates concurrently filed voluntary
petitions for relief under Chapter 11 of the Bankruptcy Code
(Bankr. D. Del. Lead Case No. 23-11069) on August 6, 2023, before
the Hon. Craig T. Goldblatt. As of March 31, 2023, Yellow
Corporation had $2,152,200,000 in total assets against
$2,588,800,000 in total liabilities. The petitions were signed by
Matthew A. Doheny as chief restructuring officer.

The Debtors tapped Kirkland & Ellis, LLP as restructuring counsel;
Pachulski Stang Ziehl & Jones, LLP as Delaware local counsel;
Kasowitz, Benson and Torres, LLP as special litigation counsel;
Goodmans, LLP as special Canadian counsel; Ducera Partners, LLC, as
investment banker; and Alvarez and Marsal as financial advisor.
Epiq Bankruptcy Solutions is the claims and noticing agent.

Milbank LLP serves as counsel to certain investment funds and
accounts managed by affiliates of Apollo Capital Management, L.P.
while White & Case, LLP and Arnold & Porter Kaye Scholer, LLP serve
as counsels to Beal Bank USA and the U.S. Department of the
Treasury, respectively.

On Aug. 16, 2023, the U.S. Trustee for Region 3 appointed an
official committee of unsecured creditors in the Chapter 11 cases.
The committee tapped Akin Gump Strauss Hauer & Feld, LLP and
Benesch, Friedlander, Coplan & Aronoff, LLP as counsels; Miller
Buckfire as investment banker; and Huron Consulting Services, LLC,
as financial advisor.


YORK BEACH SURF: Case Summary & 12 Unsecured Creditors
------------------------------------------------------
Debtor: York Beach Surf Club, LLC
          d/b/a The York Beach Surf Club
          d/b/a York Harbor Motel
       780 York Street
       York, ME 03909

Business Description: The Debtor operates in the traveler
                      accommodation sector.

Chapter 11 Petition Date: February 6, 2025

Court: United States Bankruptcy Court
       District of Maine

Case No.: 25-20021

Judge: Hon. Peter G Cary

Debtor's Counsel: David C. Johnson, Esq.
                  MARCUS CLEGG
                  16 Middle Street Unit 501A
                  Portland, ME 04101
                  Tel: (207) 828-8000
                  E-mail: bankruptcy@marcusclegg.com

Estimated Assets: $10 million to $50 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Taylor Perkins as manager.

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

https://www.pacermonitor.com/view/SPAMLTI/York_Beach_Surf_Club_LLC__mebke-25-20021__0001.0.pdf?mcid=tGE4TAMA

List of Debtor's 12 Unsecured Creditors:

   Entity                           Nature of Claim   Claim Amount

1. AMD Fine Linens, LLC                                    $40,261
c/o Kevin Crossman, Esq.
Jensen Baird
P.O. Box 4510
Portland, ME 04112
   
2. Attar Engineering, Inc.                                 $10,000
1284 State Road
Eliot, ME 03903

3. AXKO Beteiligungs GMBH                                 $205,149
Kellie Fisher, Esq.
Drummond Woodsum
84 Marginal Way
Suite 600
Portland, ME 04101

4. Bernstein Shur                   Legal Fees             $29,389
100 Middle Street
West Tower
Portland, ME 04101

5. Christopher Reibling                                   $140,883
c/o Kellie Fisher, Esq.
Drummond Woodsum
84 Marginal Way
Suite 600
Portland, ME 04101

6. D&D Howell Family Trust                                $188,742
Drummond & Drummond
One Monument Way
Portland, ME 04101

7. Gammon, LLC                                            $326,926
Jacob Bowie, Esq.
Ainsworth, Thelin & Raftice
7 Ocean Street
South Portland, ME
04106

8. Johnson Controls                                        $23,967
Fire Protection LP
30 Thomas Dr. Unit 1
Westbrook, ME 04092

9. Maine Revenue Services                                 $194,244
Compliance Division
PO Box 9101
Augusta, ME 04332

10. People Ready, Inc.                                     $37,921
Edwin Dagget, Esq.
Dagget & Parker
P.O. Box 10189
Portland, ME 04101

11. Thrive Lending                                     $11,746,284
Fund II, LLC
c/o Christopher Brooks
Drummond Woodsum
Portland, ME 04101

12. Waste Management                                       $23,025
c/o Edwin Dagget, Esq.
Dagget & Parker
P.O. Box 10189
Portland, ME 04101


ZIPS CAR: On Track for Chapter 11 Plan Hearing in April
-------------------------------------------------------
Rick Archer of Law360 Bankruptcy Authority reports that on February
7, a Texas bankruptcy judge authorized Zips Car Wash to access $20
million in Chapter 11 financing, with conditions requiring the
company to seek court approval for its equity-swap restructuring
plan by mid-April 2025.

                     About Zips Car Wash LLC

Zips Car Wash LLC and affiliates are among the largest privately
owned express car wash operators in the U.S., offering advanced car
wash services using cutting-edge chemistry like Ultra HD Glaze and
Graphene-Ceramic Fusion X to deliver superior results, including
glossy tires, streak-free windows, and a well-protected paint job.
Founded in 2004 with just two locations in rural Arkansas, the
Debtors have expanded significantly through strategic acquisitions,
now operating over 260 locations across 23 states. Headquartered in
Plano, Texas, the Debtors run their businesses under the Zips, Jet
Brite, and Rocket Express brands and serve their customers through
two core revenue channels: a traditional pay-per-wash format and
Zips Unlimited, their flagship monthly subscription program with
over 600,000 members.

Zips Car Wash LLC and affiliates sought relief under Chapter 11 of
the U.S. Bankruptcy Code (Bankr. N.D. Tex. Lead Case No. 25-80069)
on February 5, 2025. In its petition, the Debtor reports estimated
assets between $500 million and $1 billion and estimated
liabilities between $1 billion and $10 billion.

Honorable Bankruptcy Judge Michelle V. Larson handles the case.

The Debtors' local bankruptcy counsel is Jason S. Brookner, Esq.,
Aaron M. Kaufman, Esq., and Amber M. Carson, Esq., at Gray Reed,
Dallas, Texas.

The Debtors' general bankruptcy counsel is Joshua A. Sussberg,
Esq., and Ross J. Fiedler, Esq., at Kirkland & Ellis LLP, in New
York, and Lindsey Blumenthal, Esq., at Kirkland & Ellis LLP,
Chicago, Illinois.

The Debtors' investment banker is Evercore Group LLC. The Debtors'
financial advisor is Alixpartners LLP. The Debtors' Noticing &
Claims Agent is Kroll Restructuring Administration LLC. The
Debtors' Real Estate Consultant & Advisor is Hilco Real Estate LLC.
The Debtors' tax advisor is PWC US TAX LLP.


[] Angeion Acquires Donlin Recano to Expand Bankruptcy Services
---------------------------------------------------------------
Angeion Group, a premier provider of end-to-end group litigation
services, announced the acquisition of Donlin Recano & Co. LLC, a
distinguished leader in bankruptcy administration. This strategic
acquisition enhances Angeion Group's comprehensive suite of
tech-enabled legal services, reinforcing its position as the market
leader in group litigation support.

With a legacy of serving over 200 national clients across diverse
industries, Donlin Recano brings decades of expertise in claims
management, noticing, and bankruptcy case administration. By
integrating its operations, Angeion Group is poised to set a new
industry standard--leveraging technology, precision, and innovation
to redefine the way complex bankruptcy matters are managed.

"Bringing Donlin Recano into the Angeion Group family allows us to
apply our hallmark commitment to accuracy, innovation, and
efficiency to an already well-respected leader in the restructuring
space," said Steven Weisbrot, CEO of Angeion Group. "Our vision is
clear: we will continue to listen to our clients, anticipate their
evolving needs, and deliver transformative solutions that exceed
expectations."

This acquisition marks a significant expansion of Angeion Group's
service offerings, seamlessly integrating Donlin Recano's proven
expertise with Angeion's award-winning technology and client-first
approach. Together, the combined entity, Angeion Group Bankruptcy
Services, will provide an elevated standard of service to law
firms, financial institutions, and corporate clients navigating the
complexities of bankruptcy and restructuring.

"This is a defining moment for Donlin Recano," said Roland
Tomforde, newly appointed President of Angeion Group's Bankruptcy
Services Division. "By joining forces with Angeion, we gain access
to cutting-edge technology, expanded resources, and a culture of
innovation that will deliver even greater value to our clients and
partners."

With this acquisition, Angeion Group continues its trajectory of
strategic growth and industry leadership, reaffirming its
commitment to delivering best-in-class tech-enabled legal services
across the litigation and bankruptcy sectors.

                  About Angeion Group

Angeion Group is a leading provider of legal notice and settlement
administration services, leveraging technology, expertise, and
data-driven strategies to deliver best-in-class solutions for
complex litigation matters. With a reputation for excellence,
innovation, and unwavering client commitment, Angeion Group
continues to redefine industry standards.


                            *********

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
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Each Tuesday edition of the TCR contains a list of companies with
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share in public markets.  At first glance, this list may look like
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then-ending.

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Point your Web browser to http://TCRresources.bankrupt.com/and use
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                            *********

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