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260319.mbx T R O U B L E D C O M P A N Y R E P O R T E R Thursday, March 19, 2026, Vol. 30, No. 78 Headlines 2021 ADAM: Commences Chapter 7 Bankruptcy in New York 22 EAST C: Gets OK to Hire Branson Ainsworth as Bankruptcy Counsel A.Z.N. REALTY: Seeks to Sell New York Property at Auction AAM EQUIPMENT: Gets Extension to Access Cash Collateral ABC LEGAL: Barings CI Marks $996,817 Loan at 37% Off ACADEMY AT PENGUIN: Amends Motion to Sell Wenham Property ACADEMY AT PENGUIN: Wenham Property Sale to Delgado & Jarmill OK'd ACCREDITED LABS: Barings CI Virtually Writes Off $1.4M Loan AEDES CHRISTI: Frances Smith Named Subchapter V Trustee AERO ACCESSORIES: Barings CI Marks $813,128 Loan at 51% Off ALBANY INN: Seeks to Hire Carrow Real Estate Services as Broker ALCOA-MARYVILLE: M. Aaron Spencer Named Subchapter V Trustee ALL-CITY TOWING: Gets Final OK to Use Cash Collateral ALUMICRAFT LLC: Seeks Chapter 7 Bankruptcy in California AMELIOM IT: Seeks to Sell Jeep Wrangler Vehicle AMERICAN ROLLER: Barings CI Marks $1.2MM Loan at 40% Off ANDERSON COMPANIES: Seeks to Hire Kasen Law Group PC as Attorney APPLIED AEROSPACE: Barings CI Marks $983,077 Loan at 59% Off AQ CARVER: S&P Alters Outlook to Negative, Affirms 'B' ICR ARGUS LOGISTICS: Barings CI Marks $2.4MM Loan at 55% Off ARMORED IMPACT: Soneet Kapila Named Subchapter V Trustee ASPIRING SOLUTIONS: Christopher Hayes Named Subchapter V Trustee ATBIZ LLC: Files Emergency Bid to Use Cash Collateral ATBIZ LLC: Seeks to Hire Aaronson Schantz Beiley as Legal Counsel ATRIUM COURT: Robert Handler Named Subchapter V Trustee AUTOMATED FINANCIAL: Barings CI Marks $2.8MM Loan at 71% Off AVALON GLOBOCARE: Grants $175,000 CFO Bonus, Raises Director Fees AVENGER FLIGHT: Hires Seabury Securities LLC as Investment Banker AVENGER FLIGHT: Hires Verita Global as Administrative Advisor AVENGER FLIGHT: Seeks to Hire Ordinary Course Professionals AVENGER FLIGHT: Taps Holland & Knight as Special Aviation Counsel AVENGER FLIGHT: Taps Mr. Perkins of SierraConstellation as CRO BARKING LOT: Commences Chapter 7 Bankruptcy in Pennsylvania BEELINE HOLDINGS: Registers $15MM At-the-Market Offering of Shares BEELINE HOLDINGS: Sansar Capital Holds 8.1% Equity Stake BERRY CAPITAL: To Sell Farm Equipment to Paragroup Farms for $1MM BIBB COUNTY HEALTH CARE: S&P Affirms 'BB' Rating on Tax Rev. Bonds BKF ENGINEERS: Barings CI Marks $1.2MM Loan at 28% Off BOSTIC ENTERPRISE: Hires Kaplan Johnson Abate & Bird as Counsel BUSKE LOGISTICS: Barings CI Marks $1M Loan at 36% Off BY HOTEL: Gets Interim Cash to Fund Chapter 11 Case C & S RESTAURANT: Taps as Gulf Coast Bankruptcy Law Firm as Counsel CARE ONE: Court Extends Cash Collateral Access to April 15 CARE ONE: Seeks to Hire Springer Larsen LLC as Legal Counsel CASTILLO GRAND: Seeks to Extend Plan Exclusivity to June 4 CATHETER PRECISION: Inks Private Placement, FLYTE Acquisition Deal CATHOLIC DIOCESE OF EL PASO: Has Deal on Cash Collateral Access CERA TILE: Seeks to Hire Michael D. Pinsky as Bankruptcy Counsel CHICO'S INVESTMENTS: Hires Totaro & Shanahan as General Counsel CHILDREN'S HEALTH: Voluntary Chapter 11 Case Summary CITY TOWERS: Section 341(a) Meeting of Creditors on April 15 CLEAN ENERGY: Issues $1.32M Convertible Notes to Mega, Noblebear CLEAN ENERGY: Issues $147,840 Convertible Note to 1800 Diagonal CLEANSTEAM INC: Gets Interim OK to Use Cash Collateral COKER: Barings Corporate Marks $2.6M Loan at 19% Off CONSTRUCT GROUP: Daniel Etlinger Named Subchapter V Trustee COVINA CORRAL: Seeks to Hire Robert S. Altagen as Legal Counsel CV SCIENCES: Amends $2.26M Notes With Conversion and True-Up DARE BIOSCIENCE: Completes Second Closing of Regulation A Offering DBDR SERVICES: Seeks Chapter 7 Bankruptcy in Pennsylvania DCA OUTDOOR: Court OKs Nursery Inventory Sale to Blue Grass Farms DECKS DIRECT: Barings CI Marks $2.7M Loan at 40% Off DECKS DIRECT: Barings CI Marks $216,066 Loan at 34% Off DIAMOND COMIC: Bankruptcy Court Rejects Trustee Contract Motion DIOCESE OF BUFFALO: Wants 'Opt-Out' Liability Ruling Reversed DS FORDHAM: Voluntary Chapter 11 Case Summary DYNAMIC STAR: Files Second Chapter 11 Bankruptcy in 3 Months ECO ROOF: Loses Bid to Set Aside Default Judgment in Walsh Case ECOSYSTEM RENEWAL: Hires H. Kent and Caleb Aguillard as Counsel EDDIE BAUER: Judge Approves Creditor Voting on Chapter 11 Plan EFI PRODUCTIVITY: Barings CI Marks $392,612 Loan at 38% Off ELETSON HOLDINGS: Greenberg, Reed Smith Fight Sanctions Bid EMPIRE FACILITY: Court Extends Cash Collateral Access to April 1 EMPIRE FACILITY: Seeks to Tap J. Singer Law Group as Legal Counsel ENVELOPE 1 INC: Seeks to Extend Plan Exclusivity to June 12 EPHEMERAL SOLUTIONS: Triplepoint PVC Marks $322,000 Loan at 75% Off EXPRESS STORE: Seeks to Hire Rochelle McCullough as Legal Counsel FAIR OFFER: Trustee Hires Epstein Becker & Green as Legal Counsel FAMULUS HEALTH: Court Denies Receivership Bid, Compels Turn Over FAT BRANDS: Seeks Chapter 11 Sale Procedures as Talks Continue FLOAT ALASKA: April 6 Proofs of Claim Filing Deadline Set FORDHAM LANDING: Voluntary Chapter 11 Case Summary FOUNDATION WERKS: Seeks to Hire T. Tompkins CPA as Accountant FTI CONSULTING: Names Eun Angela Nam as Chief Financial Officer FTX TRADING: Judge Bars SBF's Mother from Contacting Court GENESIS HEALTHCARE: DOJ Unit Opposes Executive Bonus Plan GIRARD EARLY: Seeks Subchapter V Bankruptcy in Pennsylvania GOOD WORKS: MBFS Entitled to Administrative Expense Claim GRACE AND FAVOR: Seeks Cash Collateral Access GRAND SLAM: Secures Court OK to Solicit Reorganization Plan Vote GWG HOLDINGS: Case Gets New Judge Amid Romance Controversy HABYT GMBH: Triplepoint PVC Marks $2.5M Loan at 72% Off HANNA JESIONOWSKA: Seeks to Extend Plan Exclusivity to April 27 HARVARD BIOSCIENCE: Appoints Mark Frost as CFO and Treasurer HARVARD BIOSCIENCE: Extends CEO John Duke's Employment Through 2027 HAWAIIAN ELECTRIC: S&P Affirms 'B+' ICR, Outlook Positive HAWTHORNE RACE: US Trustee Appoints 3-Member Creditors' Committee HEMASOURCE INC: Barings CI Marks $3.4MM Loan at 57% Off HERNAN REYES: Gets Extension to Access Cash Collateral HHSP LLC: Voluntary Chapter 11 Case Summary HIGH WIRE: Dennis O'Leary Acquires 80% Equity Stake in Thoth Deal HILB GROUP: Barings CI Marks $1.61 million Loan at 22% Off HOLLYWOOD HORIZONS: Secured Party Sets April 29 Auction HOUSTON GRACE: Seeks to Tap McCardell Law Firm as Counsel HUGHTON LLC: Hires Rosenbaum Sobel Weinrub & Burns as Accountant ICE HOUSE: Barings CI Marks $2.3MM Loan at 20% Off INDITEX VENTURES: Chris Quinn Named Subchapter V Trustee INFINITY NATURAL: S&P Assigns 'B' ICR, Outlook Stable INSPIRED HEALTHCARE: Holland & Knight Represents DST Investors INSPIRED HEALTHCARE: Jones Walker Represents Ad Hoc Group of Lender INTEGRITY INVESTMENT: Seeks to Hire Bach Law Offices as Attorney JAGUAR HEALTH: Secures Debt Relief via Royalty and Note Amendments JOIN DIGITAL: Triplepoint PVC Marks $278,000 Loan at 26% Off JOIN DIGITAL: Triplepoint PVC Marks $2MM Loan at 30% Off JOIN DIGITAL: Triplepoint PVC Marks $4.8MM Loan at 29% Off KANAWHA SCALES: Barings CI Marks $2MM Loan at 56% Off KK&G LLC: Seeks to Hire Russo White & Keller as General Counsel KOPPERS HOLDINGS: Fitch Affirms 'BB-' LongTerm IDR, Outlook Stable KORN FERRY: S&P Upgrades ICR to 'BB+', Outlook Stable KSHITIJ INC: Seeks Cash Collateral Access KULANA HALE: Seeks Approval to Hire 808 BK as Associate Counsel LAUNCHPAD HOME: Barings CI Marks $3.2MM Loan at 65% Off LILA KATE: Gets Interim OK to Use Cash Collateral LITIGATION PRACTICE: Court Tosses Greyson, et al., Appeal LIVEONE INC: Issues 500,000 Shares to Merlin for Royalty Payments LOCKMASTERS INC: Barings CI Marks $1.45MM Loan at 24% Off LUCERO LLC: Gets Interim OK to Use Cash Collateral LUMINAR TECHNOLOGIES: Seeks to Amend Final Cash Collateral Order M&J FINANCIAL: Richard Furtek Named Subchapter V Trustee MA MICRO: Triplepoint PVC Marks $1.6MM Loan at 79% Off MA MICRO: Triplepoint PVC Marks $1.6MM Note at 73% Off MA MICRO: Triplepoint PVC Marks $555,000 Loan at 74% Off MADISYN ON PARK: Hires Bleakley Bavol Denman & Grace as Counsel MARQUIS STAR: Seeks Approval to Tap Grady Hunt as Corporate Counsel MCAFEE: Barings CI Marks $68,739 Loan at 78% Off MEGASLAB INC: Todd Hennings Named Subchapter V Trustee MEMPHIS MADE: Seeks to Sell Brewery Business via Public Auction MII AVIATION: Committee Seeks to Tap McGuireWoods as Legal Counsel MS FREIGHT: Court Remands Guaranty Bank Case to State Court MSI EXPRESS: Barings CI Marks $1.4MM Loan at 26% Off MULTI-COLOR CORP: Case Remains in New Jersey Over 'Loophole' NATHAN SPENCER: Seeks to Hire Michael Jay Berger as Legal Counsel NAVAJO SMILES: Gets Interim OK to Use Cash Collateral Until April 2 NAVIA BENEFIT: Barings CI Marks $3.5MM Loan at 31% Off NUMERICAL CONCEPTS: To Sell Terre Haute Property to Central States OAKLAWN HOSPITAL: Fitch Lowers IDR to 'BB+', Outlook Negative OMEGA HOLDINGS: Barings CI Marks $1.2MM Loan at 29% Off ONSITE DEALER: Barings CI Marks $3.3MM Loan at 75% Off OVERALL HOME: L. Todd Budgen Named Subchapter V Trustee PARAMOUNT INTERMODAL: To Sell Chassis to J&D Transportation PARAMOUNT ROOFING: Daniel Behles Named Subchapter V Trustee POINT CLEAR: Hires Michael P. Dickey, PLLC as Litigation Counsel POST OFFICE SQUARE: CTA Taps Pick & Zabicki as Substitute Counsel PRO VISION: Barings CI Marks $1.8MM Loan at 19% Off PROFITOPTICS: Barings CI Marks $1.6MM Loan at 23% Off PROFRAC HOLDING: Reduces Credit Line to $275MM in Ninth Amendment PSI SERVICES: Angela Shortall Named Subchapter V Trustee PSI SERVICES: Seeks to Hire McNamee Hosea as Bankruptcy Counsel QUICK COMMERCE: Triplepoint PVC Marks $143,000 Loan at 29% Off QUICK COMMERCE: Triplepoint PVC Marks $859,000 Loan at 28% Off RAMH ENTERTAINMENT: Seeks Cash Collateral Access RANDY'S WORLDWIDE: Barings CI Marks $1.1MM Loan at 81% Off REAL CHEMISTRY: Barings CI Marks $1MM Loan at 28% Off RELIZ LTD: Seeks Chapter 11 Bankruptcy in Delaware REMINGTON 79: Seeks Chapter 7 Bankruptcy in New York RKD GROUP: Barings CI Marks $3.4MM Loan at 19% Off ROCKFORD SILK: Court Extends Cash Collateral Access to April 4 ROI SOLUTIONS: Barings CI Marks $2.9MM Loan at 28% Off ROSE RENTAL: Seeks To Sell Brandon Property for $149K RUN VEGGIE: Case Summary & 20 Largest Unsecured Creditors S&G LABS: Seeks to Extend Plan Exclusivity to June 8 S&J DATA: Seeks Approval to Hire Cummings & Carroll as Accountant SAKS GLOBAL: Creditors Sign Off on $300MM Boost to Ch. 11 Funding SANTA PAULA: Seeks to Sell Santa Paula Property to Highest Bidder SANTA PAULA: Seeks to Sell Somis Property to Highest Bidder SB TRANSPORTATION: L. Todd Budgen Named Subchapter V Trustee SBP HOLDING: Barings CI Marks $2.4MM Loan at 45% Off SEDILLO REALTY: Gets Final OK to Use Cash Collateral SEKO WORLDWIDE: Barings CI Marks $1.1MM Loan at 18% Off SEKO WORLDWIDE: Barings CI Marks $112,984 Loan at 36% Off SELECTIS HEALTH: Signs Purchase Deal for $15.7MM Facility Sale SERNA'S TRUCKING: Seeks Interim Cash Collateral Access SERNA'S TRUCKING: Seeks to Tap Frank B. Lyon as Bankruptcy Counsel SMARTLING INC: Barings CI Marks $3.5MM Loan at 32% Off SMITH CUSTOM: Seeks to Hire Ford & Semach as Bankruptcy Counsel SN TRANSPORT: Case Summary & 20 Largest Unsecured Creditors SONICWALL: Barings CI Marks $1.9MM Loan at 36% Off SOUTHDOWN PROPERTIES: Hires Ciardi Ciardi & Astin as Legal Counsel SPEYSIDE HOLDINGS: Cash Collateral Hearing Set for March 23 STANDARD ELEVATOR: Barings CI Marks $2.4MM Loan at 18% Off STRATUS UNLIMITED: Barings CI Marks $1.4MM Loan at 51% Off STRICKS LLC: CoBank Wants Creative Planning's Smith as Receiver SYLVA INC: Triplepoint PVC Marks $1.146MM Loan at 57% Off SYLVA INC: Triplepoint PVC Marks $1.28MM Loan at 57% Off SYLVA INC: Triplepoint PVC Marks $1.7MM Loan at 57% Off SYLVA INC: Triplepoint PVC Marks $1MM Loan at 57% Off SYLVA INC: Triplepoint PVC Marks $2MM Loan at 57% Off T.C.'S GRILL: Brenda Brooks Named Subchapter V Trustee TENCARVA MACHINERY: Barings CI Marks $4.MM Loan at 17% Off THREE OAKS: Case Summary & 20 Largest Unsecured Creditors TIPCO TECHNOLOGIES: Barings CI Marks $230,452 Loan at 51% Off TPD DESIGN: Case Summary & 20 Largest Unsecured Creditors TPI COMPOSITES: Equity Interest Asset Sale to ECP Blade OK'D VANDERBILT MINERALS: Taps Dean Vomero of Applied Business as CRO VANGUARD CUSTOM: Case Summary & 20 Largest Unsecured Creditors VEROBLUE FARMS: Ruling on Attorney-Client Privilege Issue Affirmed VMI FURNITURE: Seeks to Tap Reaves as General Bankruptcy Counsel VSE CORP: S&P Affirms 'BB' Rating on Secured Term Loan B on Upsize WELCH & WELCH: Seeks to Sell 2020 Versatile 315 Tractor WELCOME GROUP 2: RSS Loses Bid for Automatic Stay Relief WINDANCE WIND: Hires Michael D. O'Brien & Associates as Counsel WOODLAND FOODS: Barings CI Marks $2.5MM Loan at 18% Off WORKHORSE GROUP: Strengthens Financial Position Post-Motiv Merger ZIYAD: Barings Corporate Marks $1.9MM Loan at 44% Off [^] Recent Small-Dollar & Individual Chapter 11 Filings ********* 2021 ADAM: Commences Chapter 7 Bankruptcy in New York ----------------------------------------------------- On March 10, 2026, 2021 Adam C Powell Blvd filed for Chapter 7 protection in the Southern District of New York Bankruptcy Court. According to court filings, the Debtor reports between $100,001 and $1,000,000 in debt owed to 1–49 creditors. About 2021 Adam C Powell Blvd 2021 Adam C Powell Blvd is a real estate holding entity associated with property interests located along Adam Clayton Powell Jr. Boulevard in New York City. The entity is typically structured to own, manage, or lease a specific property asset, often serving as a special-purpose vehicle for real estate investment or development activities. Its operations may include property leasing, maintenance oversight, and asset management functions tied to the underlying real estate. 2021 Adam C Powell Blvd sought relief under Chapter 7 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 26-10502) on March 10, 2026. In its petition, the Debtor reports estimated assets in the range of $100,001 to $1,000,000 and estimated liabilities in the range of $100,001 to $1,000,000. Honorable Bankruptcy Judge Philip Bentley handles the case. 22 EAST C: Gets OK to Hire Branson Ainsworth as Bankruptcy Counsel ------------------------------------------------------------------ 22 East C, LLC received approval from the U.S. Bankruptcy Court for the Middle District of Florida to employ Branson Ainsworth PLLC as counsel. The firm will provide these services: (a) advise and consult the Debtor in connection with the Chapter 11 case; (b) attend meetings and negotiate with representatives of creditors and other parties in interest; (c) take necessary actions to protect and preserve the Debtor's estate; (d) prepare, on behalf of the Debtor, pleadings; and (e) perform all other necessary or otherwise beneficial legal services and provide legal advice to the Debtor in this Chapter 11 case. The firm will be billed at the standard hourly rates of its respective attorneys and paralegals, which range from $655 to $150 per hour. In addition, the firm will seek reimbursement for expenses incurred. The sum of $4,231.50 was paid by Robert De Cosey and All State Construction and Restoration for legal services rendered prior to the filing of this case for the Debtor. Jeffrey Ainsworth, Esq., an attorney at Branson Ainsworth, 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: Jeffrey S. Ainsworth, Esq. Branson Ainsworth PLLC 1501 E. Concord Street Orlando, FL 32803 Telephone: (407) 894-6834 Facsimile: (407) 894-8559 Email: jeff@Bransonlaw.com About 22 East C LLC 22 East C, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-00726) on February 3, 2026, listing assets of between $500,001 and $1 million and liabilities of between $1 million and $10 million. Jeffrey Ainsworth, Esq., at Bransonlaw, PLLC represents the Debtor as counsel. A.Z.N. REALTY: Seeks to Sell New York Property at Auction --------------------------------------------------------- A.Z.N. Realty LLC seeks approval from the U.S. Bankruptcy Court for the Eastern District of New York, to sell Property at auction, free and clear of liens, claims, interests, and encumbrances. The Debtor is the owner of a 13-unit commercial office Property located at 13 East 37th Street, New York, NY. The Property is improved by an eight-story Property, occupied by a Chinese restaurant on the first floor, with eight other current tenants and three vacancies. The Debtor acquired the Property in 2008. In 2018, the Debtor refinanced the mortgage debt with Flushing Bank, based upon a loan in the principal sum of $6.8 million. In the years that followed, the Debtor encountered substantial financial difficulties as a result of the fallout from the Covid 19 pandemic, which reduced the demand for commercial office space in New York City and the nation generally. The Debtor witnessed various vacancies and lower income, and fell behind on the mortgage. Although the Debtor obtained a forbearance agreement, the Debtor did not obtain enough relief under the forbearance agreement and Flushing Bank commenced a foreclosure action, subsequently obtaining a judgment of foreclosure in the sum of $7,638,745.19. The Debtor's ability to conduct an auction sale of the Property is the lynchpin of the Debtor's ongoing efforts to maximize recoveries for all creditors through an intended plan. The proposed bid procedures are designed to garner the highest offer for the Property. The Debtor retains Northgate Realty Group as its broker to market the Property. The Bid Procedures have been developed by the Debtor in consultation with Flushing Bank and Northgate, and are designed to maximize the recovery for the Property. The sale process key dates and deadlines are: - Bid Deadline:May 15, 2026 - Auction (if necessary): May 18, 2026 - Sale Approval Hearing: May 20, 2026 - Closing Date: No Later Than June 5, 2026 The Debtor believes that the Bid Procedures will provide an opportunity to solicit potential higher offers that allows for a competitive process. The Debtor is selling the Property with the consent of Flushing Bank. About A.Z.N. Realty LLC A.Z.N. Realty LLC owns a commercial office building located at 13 East 37th Street in New York, NY. The Property is improved by an eight story building, occupied by a Chinese restaurant on the ground floor, with eight other tenants occupying various spaces and three currently vacant. A.Z.N. Realty LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D.N.Y. Case No. 25-42314) on May 13, 2025. In its petition, the Debtor reports estimated assets and liabilities between $1 million and $10 million each. Honorable Bankruptcy Judge Jil Mazer-Marino handles the case. The Debtor is represented by Kevin Nash, Esq., at Goldberg Weprin Finkel Goldstein, LLP. Flushing Bank, as lender, is represented by Frank Dell'Amore, Esq. at Jaspan Schlesinger Narendran, LLP. AAM EQUIPMENT: Gets Extension to Access Cash Collateral ------------------------------------------------------- AAM Equipment, LLC received another extension from the U.S. Bankruptcy Court for the Middle District of Alabama, Eastern Division, to use cash collateral. The court issued its third interim order authorizing the Debtor's continued access to cash collateral to fund its operations and scheduling the final hearing for April 9. All provisions in the February 13 order remain in effect unless modified by the third interim order. Events of default include violation of the order; dismissal or conversion of the Debtor's Chapter 11 case; appointment of a trustee; and amending, rescinding or revoking the order without prior consent from lender, First Bank of Alabama. The order is available at https://is.gd/iKDsRM from PacerMonitor.com. AAM Equipment is based in Randolph County, Alabama, with additional locations in Robertsdale, Alabama, and Belle Chasse, Louisiana. It is engaged in renting heavy construction equipment such as bulldozers, excavators, and forklifts. The equipment was largely acquired through financing from lenders including First Bank, John Deere, and Umpqua, many of which claim security interests not only in the equipment but also in the rents, revenues, and proceeds from its use, which constitute cash collateral. First Bank of Alabama, as lender, is represented by: Justin B. Little, Esq. Reynolds, Reynolds & Little, LLC P.O. Box 2863 Tuscaloosa, AL 35403-2863 Telephone: (205) 391-0073 Fax: (205) 391-0911 jlittle@rrllaw.com About AAM Equipment LLC AAM Equipment, LLC is engaged in renting heavy construction equipment. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Ala. Case No. 26-80129) on February 2, 2026. In the petition signed by Aaron Moody, owner, the Debtor disclosed up to $50,000 in assets and up to $10 million in liabilities. Judge Christopher L. Hawkins oversees the case. Stuart Memory, Esq., at Memory Memory and Causby LLP, represents the Debtor as legal counsel. ABC LEGAL: Barings CI Marks $996,817 Loan at 37% Off ---------------------------------------------------- Barings Corporate Investors has marked its $996,817 loan extended to ABC Legal Services to market at $624,798 or 63% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to ABC Legal Services. The loan accrues interest at a rate of 8.34% (SOFR + 4.500%) per annum. The loan matures on Aug. 13, 2032. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About ABC Legal Services ABC Legal Services is a leading national provider of service-of-process solutions that facilitate the formal delivery of legal documents required to initiate litigation. ACADEMY AT PENGUIN: Amends Motion to Sell Wenham Property --------------------------------------------------------- The Academy at Penguin Hall, Inc., seeks approval from the U.S. Bankruptcy Court for the District of Massachusetts, in an amended motion to sell Property, free and clear of liens, claims, interests, and encumbrances. On February 17, 2021, the Debtor filed the Motion to Sell 41 Essex Street, Wenham, Massachusetts seeking entry of the Sale Order and authority to sell the property located at 41 Essex Street in Wenham to Claudia Delgado and Francisco Jaramillo. The Sale Motion and the Court's notice of sale were served on all parties asserting liens or encumbrances on the Property, including, without limitation, John Coughlin and Precilla Coughlin, the Internal Revenue Service, and the Massachusetts Department of Revenue. On March 11, 2026, the Court approved the Sale Motion without objection and on March 16, 2026, entered the Sale Order. On March 17, 2026 and in the course of the closing of the sale, the Buyer's title insurance company, using its title report, noted that there was an additional lien by the Massachusetts Department of Revenue that was not included in the prior title report. To close on the sale of the Property the Buyer requires that Exhibit A to the Sale Order be amended to reflect those differences. https://urlcurt.com/u?l=oYYb51 The Debtor requests that the Court amend the Sale Order to replace Exhibit A with the exhibit attached to the motion as Addendum 1. About The Academy at Penguin Hall, Inc. The Academy at Penguin Hall Inc. is a private, college-preparatory day school for young women in grades 9 through 12. Located in Wenham, Massachusetts, the school offers interdisciplinary academic programs and emphasizes leadership, critical thinking, and the arts. The Academy at Penguin Hall sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Mass. Case No. 25-11191) on June 11, 2025. In its petition, the Debtor reported between $10 million and $50 million in assets and liabilities. The Debtor is represented by John T. Morrier, Esq., at Casner & Edwards, LLP. ACADEMY AT PENGUIN: Wenham Property Sale to Delgado & Jarmill OK'd ------------------------------------------------------------------ The U.S. Bankruptcy Court for the District of Massachusetts has permitted The Academy at Penguin Hall Inc. to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor is a Massachusetts non-profit charitable corporation under Section 501(c)(3) of the Internal Revenue Code, formed on or about November 24, 2015 for the purposes of founding and operating an all-girls' preparatory high school on the Massachusetts North Shore. The Debtor's Property is located at 41 Essex Street in Wenham, Massachusetts and the Debtor wants to sell it to Claudia Delgado and Juan Franscisco Jarmillo, free and clear of liens, claims, encumbrances, and interests. The Court has authorized the Debtor to sell the Property to Claudia Delgado and Juan Francisco Jarmillo, free and clear of all claims, liens, encumbrances, and interests, including, without limitation, the liens, claims, encumbrances, and interests of John Coughlin, Kings Painting Inc., the Internal Revenue Service, and the Department of Revenue for the Commonwealth of Massachusetts. The notice of the sale hearing and the sale was timely, proper, and reasonably calculated to provide the notice parties and all other interested parties with timely and proper notice of the sale and the sale hearing. The holders of claims secured by liens on the Property have assented to the sale and/or the Debtor is otherwise permitted to sell the Property. The Buyer is a good faith purchaser and no party has alleged any conduct that would constitute improper agreements. The sale represents a fair and reasonable offer to purchase the Property under the circumstances. About The Academy at Penguin Hall, Inc. The Academy at Penguin Hall Inc. is a private, college-preparatory day school for young women in grades 9 through 12. Located in Wenham, Massachusetts, the school offers interdisciplinary academic programs and emphasizes leadership, critical thinking, and the arts. The Academy at Penguin Hall sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Mass. Case No. 25-11191) on June 11, 2025. In its petition, the Debtor reported between $10 million and $50 million in assets and liabilities. The Debtor is represented by John T. Morrier, Esq., at Casner & Edwards, LLP. ACCREDITED LABS: Barings CI Virtually Writes Off $1.4M Loan ----------------------------------------------------------- Barings Corporate Investors has marked its $1,464,290 loan extended to Accredited Labs to market at $60,182 or 4% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to Accredited Labs. The loan accrues interest at a rate of 8.59% (SOFR + 4.750%) per annum. The loan matures on Sept. 30, 2030. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Accredited Labs Accredited Labs provides calibration services for manufacturing and other equipment, along with product sales and rentals, repair offerings and related technical services. AEDES CHRISTI: Frances Smith Named Subchapter V Trustee ------------------------------------------------------- The U.S. Trustee for Region 6 appointed Frances Smith, Esq., at Ross, Smith & Binford, PC, as Subchapter V trustee for Aedes Christi Holdings, Inc. Ms. Smith will be paid an hourly fee of $475 for her services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Ms. Smith declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Frances A. Smith, Esq. Ross, Smith & Binford, PC 700 N. Pearl Street, Ste. 1610 Dallas, TX 75201 Phone: 214-593-4976 Fax: 214-377-9409 Email: frances.smith@rsbfirm.com About Aedes Christi Holdings Inc. Aedes Christi Holdings, Inc. operates in the wholesale and retail of men's apparel and accessories, including cufflinks, ties, and socks, from its base in Arlington, Texas. The company markets and conducts business using the names Dubal Brothers, Classy Cufflinks, and Classy Cufflinks and More. Aedes Christi Holdings, Inc. sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D. N.D. Texas Case No. 26-40648) on February 12, 2026, with between $1 million and $10 million in both assets and liabilities. Judge Edward L. Morris presides over the case. DeMarco Mitchell, PLLC is the Debtor's legal counsel. AERO ACCESSORIES: Barings CI Marks $813,128 Loan at 51% Off ----------------------------------------------------------- Barings Corporate Investors has marked its $813,128 loan extended to Aero Accessories to market at $396,605 or 49% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a Senior Term loan extended to Aero Accessories. The loan accrues interest at a rate of 9.15% (SOFR + 5.250%) per annum. The loan matures on Nov. 1, 2028. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Aero Accessories Aero Accessories provides aftermarket services for fuel, hydraulic, pneumatic and power generation systems used in aerospace and related applications. ALBANY INN: Seeks to Hire Carrow Real Estate Services as Broker --------------------------------------------------------------- Albany Inn LLC and Albany Equity LLC seek approval from the U.S. Bankruptcy Court for the Eastern District of New York to hire Carrow Real Estate Services, LLC as real estate broker. The broker will market and sell the Debtor's real property and improvements located at 3 Watervliet Avenue Extension, Albany, New York. The firm will receive a real estate commission in the amount of 4.75% of the gross selling price of the Property, payable upon a closing of sale. As disclosed in the court filing, the Broker neither holds nor represents any interests adverse to the Debtor's estate and is a "disinterested person" within the meaning of Section 101(14) of the Bankruptcy Code. The broker can be reached through: Charles M. Carrow Carrow Real Estate Services, LLC 99 Washington Ave Albany, NY 12210 Telephone: (518) 462-7491 Facsimile: (518) 462-7503 About Albany Inn LLC Albany Inn LLC is a real estate lessor that owns and rents residential property in New York. Albany Inn LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D.N.Y. Case No. 25-43431) on July 18, 2025. In its petition, the Debtor reports estimated assets between $1 million and $10 million and estimated liabilities between $100,000 and $500,000. Honorable Bankruptcy Judge Jil Mazer-Marino handles the case. The Debtor is represented by Gary Kushner, at GOETZ PLATZER LLP. ALCOA-MARYVILLE: M. Aaron Spencer Named Subchapter V Trustee ------------------------------------------------------------ The Acting U.S. Trustee for Region 8 appointed M. Aaron Spencer of Woolf, McClane, Bright, Allen & Carpenter, PLLC as Subchapter V trustee for Alcoa-Maryville Restaurant, Inc. Mr. Spencer will be paid an hourly fee of $345 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Spencer declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: M. Aaron Spencer Woolf, McClane, Bright, Allen & Carpenter, PLLC Post Office Box 900 Knoxville, TN 37901-0900 Phone: (865) 215-1000 | Fax: (865) 215-1001 Email: aspencer@wmbac.com About Alcoa-Maryville Restaurant Inc. Alcoa-Maryville Restaurant, Inc. operates a full-service American restaurant under the Midland Restaurant brand at its location in Alcoa, Tennessee. The company provides breakfast, lunch, and dinner offerings with traditional and country-style fare, serving the local community. Alcoa-Maryville Restaurant filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. E.D. Tenn. Case No. 26-30337) on Feb. 28, 2026, with $437,944 in assets and $1,005,914 in liabilities. Steven Nelson, owner, signed the petition. Judge Suzanne H. Bauknight presides over the case. Kelli D. Holmes, Esq. at TARPY, COX, FLEISHMAN & LEVEILLE, PLLC represents the Debtor as legal counsel. ALL-CITY TOWING: Gets Final OK to Use Cash Collateral ----------------------------------------------------- All-City Towing, LLC and Bret's Towing, LLC received final approval from the U.S. Bankruptcy Court for the Eastern District of Wisconsin to use cash collateral to fund operations. The court authorized the Debtors to use cash collateral on a final basis according to the conditions outlined in the order. Several creditors potentially held interests in the collateral, including Newtek Business Services Holdco 6, Inc., Old National Bank, the United States Small Business Administration, AKF Inc. doing business as Fundkite, MCA Servicing Company, Aurum Funding Source, Panthers Capital, and TVT Capital Source. These creditors were collectively referred to as the secured creditors in the order. As adequate protection for secured creditors, the court granted these creditors replacement liens, with the same priority and extent as their pre-bankruptcy liens. These liens automatically attach to the Debtor's cash collateral and related assets without the need for additional filings although the Debtors must execute documents if requested to confirm such liens. The order also extends the creditors' pre-bankruptcy liens to post-petition proceeds and products of the collateral as permitted under the Bankruptcy Code. The court further required the Debtors to make monthly payments to certain secured creditors. Payments include approximately $59,172.49 per month to Newtek, $2,570 per month to the SBA, and multiple payments to Old National Bank, including $4,089.52, $13,555.59, and $7,019 per month under various loan agreements. In addition, the debtors must maintain insurance coverage, continue paying property taxes when due, provide regular financial reports, and comply with non-monetary obligations under the loan agreements unless they conflict with bankruptcy law or court orders. The order is available at https://is.gd/X0uSls from PacerMonitor.com. About All-City Towing LLC All-City Towing LLC operate auto repair, towing, and transportation businesses in Milwaukee and Sheboygan, Wisconsin. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Wisc. Case No. 26-20523) on February 1, 2026. In the petition signed by Jeff Piller, member/manager, the Debtor disclosed up to $10 million in both assets and liabilities. Judge Rachel M. Blise oversees the case. Evan P. Schmit, Esq., at Kerkman & Dunn, represents the Debtor as legal counsel. ALUMICRAFT LLC: Seeks Chapter 7 Bankruptcy in California -------------------------------------------------------- Kirk O'Neil of The Street reports that off-road racecar builder Alumicraft LLC has entered Chapter 7 bankruptcy liquidation after facing mounting financial and legal challenges. The California company reported millions of dollars in liabilities, including a wrongful-death judgment exceeding $15 million and insurance disputes involving State Farm Insurance. The Santee-based manufacturer filed its bankruptcy petition on March 3, 2026 in the United States Bankruptcy Court for the Southern District of California. Court filings show that the company listed approximately $16.7 million in liabilities while reporting only about $22,700 in assets. The petition indicates that unsecured creditors are unlikely to receive any recovery after administrative costs are paid, the report states. Most of the company's liabilities are tied to legal claims totaling about $15.76 million. Among them is a $15.23 million judgment related to the estate of Brian Kuhnhenn. Additional obligations include more than $401,000 in lease payments owed to Split Mountain Industrial Properties. Alumicraft also reported a secured claim of roughly $954,000 from Matthew Fleming, according to The Street. The company's financial decline became evident over the last three years as revenue dropped from $3.63 million in 2023 to $2.98 million in 2024 and then to about $370,833 in 2025. Alumicraft also reported that it does not own any real estate or personal property. Despite its current troubles, the company previously achieved racing success, including victories by driver Michael Meister at the Crandon Off-Road Super Buggy Championship, the report cites. About Alumicraft LLC Alumicraft LLC is a California off-road racing vehicle manufacturer. Alumicraft LLC sought relief under Chapter 7 of the U.S. Bankruptcy Code (Bankr. S.D. Cal. Case No. 26-00888) on March 3, 2026. Honorable Bankruptcy Judge J Barrett Marum handles the case. The Debtor is represented by Craig E. Dwyer, Esq. AMELIOM IT: Seeks to Sell Jeep Wrangler Vehicle ----------------------------------------------- Ameliom IT LLC and its affiliates seek approval from the U.S. Bankruptcy Court for the Western District of Texas, San Antonio Division, to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor is a Texas Limited Liability Company formed in 2020. The entity is owned by Ameliom Holdings, LP, a holding company which is owned primarily by Brian L. Adams, the president and operator of each debtor entity. Debtor formerly provided information technology services for businesses, primarily in Texas. The Debtor scheduled an interest in a 2022 Jeep Wrangler JL motor vehicle. Debtor's representative provided an estimated value of $80,000.00 for the Vehicle. There is no purchase money loan secured by a lien against the Vehicle and the Debtor's representative is not aware of any party claiming a lien against the Vehicle. Debtor’s representative has looked into multiple ways of selling the Vehicle with the goal of maximizing recovery for the estate. Due to the risks involved in a private consumer-to-consumer sale and the costs associated with liquidating the asset through a third party, Debtor's representative believes the best price for the Vehicle can be achieved through a sale to a dealer such as Carmax. Debtor obtained an estimated sales price from Carmax for the Vehicle of $44,000 on December 10, 2025. According to the Kelley Blue Book, the average trade-in value of the Vehicle is $53,440 with the equipment options the Vehicle contains. The proposed sales price is subject to adjustment after inspection. While Debtor's representative believes the Vehicle should inspect well, Debtor requests that the Court allow a variance in the final sales price of up to 15% to account for any revisions in the price made by Carmax after inspection and at the time of sale. This would allow the Debtor to close on a sale without filing another motion The Debtor’s representative believes the proposed sale is in the best interest of the bankruptcy estate. The proposed transaction is an arms-length transaction between the Debtor and a non-insider third party, and the proposed buyer is currently ready, willing and able to close the sale which would be an immediate cash sale. The Debtor's representative does not believe there will be any tax consequences as a result of the sale. About s Ameliom IT, LLC Ameliom IT, LLC, a company in Bulverde, Texas, provides computer systems design and related services. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Texas Case No. 24-51148) on June 20, 2024, with $339,700 in assets and $1,986,557 in liabilities as of May 14, 2024. Eric Terry serves as Subchapter V trustee. Judge Craig A. Gargotta presides over the case. H. Anthony Hervol, Esq., at the Law Office of H. Anthony Hervol represents the Debtor as bankruptcy counsel. AMERICAN ROLLER: Barings CI Marks $1.2MM Loan at 40% Off -------------------------------------------------------- Barings Corporate Investors has marked its $1,266,537 loan extended to American Roller Company to market at $763,431 or 60% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission on March 9, 2026. Barings Corporate Investors is a participant in a Senior Term loan extended to American Roller Company. The Loan accrues interest at a rate of 8.42% (SOFR + 4.750%) per annum. The Loan matures on Oct. 16, 2031. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About American Roller Company American Roller Company is a provider of aftermarket surface treatment services for rollers used in industrial manufacturing processes. ANDERSON COMPANIES: Seeks to Hire Kasen Law Group PC as Attorney ---------------------------------------------------------------- Anderson Companies, LLC seeks approval from the U.S. Bankruptcy Court for the District of New Jersey to hire Kasen Law Group, P.C. as its attorneys. The firm's services include: (a) providing the Debtor with advice and preparing all necessary documents regarding debt restructuring, bankruptcy and asset dispositions; (b) taking all necessary actions to protect and preserve the Debtor's estate during the pendency of this chapter 11 case, including the prosecution of actions by the Debtor, the defense of actions commenced against the Debtor, negotiations concerning litigation in which the Debtor are involved and objecting to claims filed against the estate; (c) preparing on behalf of the Debtor, as debtor-in-possession, all necessary motions, applications, answers, orders, reports and papers in connection with the administration of this chapter 11 case; (d) counseling the Debtor with regard to its rights and obligations as debtor-in- possession; (e) appearing in Court and to protect the interests of the Debtor before the Court; and (f) performing all other legal services for the Debtor which may be necessary and proper in this proceeding. The firm will charge $500 per hour for the services of Jenny R. Kasen, Esq. Kasen Law Group, P.C. is a disinterested person under 11 U.S.C. Sec. 101(14), according the court filings. The firm can be reached through: Jenny R. Kasen, Esq. Kasen Law Group, P.C. 874 E. Marlton Pike, Suite 3 Cherry Hill, NJ 08003 Tel: (888) 959-8220 Email: jkasen@kasenlawgroup.com About Anderson Companies LLC Anderson Companies LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. N.J. Case No. 26-12028) on February 26, 2026. In the petition signed by Shawn Anderson, chief executive officer, the Debtor disclosed up to $1 million in assets and up to $10 million in liabilities. Jenny Kasen, Esq., at Kasen Law Group, P.C., represents the Debtor as legal counsel. APPLIED AEROSPACE: Barings CI Marks $983,077 Loan at 59% Off ------------------------------------------------------------ Barings Corporate Investors has marked its $983,077 loan extended to Applied Aerospace Structures LLC to market at $403,580 or 41% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission on March 9, 2026. Barings Corporate Investors is a participant in a Senior Term loan extended to Applied Aerospace Structures LLC. The Loan accrues interest at a rate of 8.35% (SOFR + 4.500%) per annum. The Loan matures on Dec. 1, 2030. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Applied Aerospace Structures LLC Applied Aerospace Structures LLC is a leading provider of specialized large-scale composite and metal-bonded structures for aircraft, space, and land and sea platforms. AQ CARVER: S&P Alters Outlook to Negative, Affirms 'B' ICR ---------------------------------------------------------- S&P Global Ratings revised the outlook from stable to negative and affirmed all ratings on Bradenton, Fla.-based professional employer organization (PEO) AQ Carver Buyer Inc. (doing business as CoAdvantage Inc.), including its 'B' issuer credit rating. The negative outlook reflects a potential downgrade in the next 12 months if CoAdvantage's organic revenue continues to decline, it cannot realize synergies, or benefits from investments and improve margins and leverage in line with the rating. CoAdvantage leverage remains elevated due to pressured market environment. S&P said, "We expect leverage to improve in 2026 to under our downside threshold of 7x, but there is a risk of prolonged challenges to revenue growth and EBITDA expansion because of heightened market competition. "We expect CoAdvantage's credit metrics will remain pressured in 2026 due to a challenging operating environment and our expectation revenue will decline slightly. The company's recent operating performance reflects the dynamic PEO market, which faces increased competition, elevated benefit costs, and weak hiring trends among small businesses. We expect CoAdvantage's total revenue for full-year 2025 to increase just over 9%, driven by the acquisition of PrimePay that closed on June 30, 2025. On a pro forma basis, revenues for the year were down in the mid-single-digit percentage area. We view PrimePay as a strategic acquisition, growing the company's geographic reach, expanding its customer base and providing opportunities for synergies including up-selling. CoAdvantage's organic revenues for 2025 were down just over 1%, reflecting industry headwinds, and was below our expectation of flat revenues. The total number of worksite employees was approximately 102,000, down from 105,000 the prior year, showcasing customer losses mainly due to pricing pressure. We expect the company to face similar market challenges and slower wage growth in 2026, resulting in a slight decline of organic revenue. We continue to monitor the progress of PrimePay integration and whether management achieves benefits from the acquisition, as well as potential impact on performance should tough industry trends continue. "Management is addressing these market challenges by investing in its sales team and go-to-market strategy. We expect this will lead to S&P Global Ratings-adjusted EBITDA margin compression in 2025 of 250 basis points to 27.5%, with further decline in 2026. Although synergy benefits are being offset by higher investments this year, we project margin expansion in 2027 as the company achieves full benefits of these synergies. Elevated investments will also slightly pressure cash flows. However, working capital changes due to payroll timing, which can vary greatly depending on calendar day end of quarter and year end, are driving free operating cash flow (FOCF). We continue to expect positive FOCF. The company is investing in its AI platform, which could weigh on near-term profits. Still, we believe such investments are necessary to offer a competitive valuable service to customers while utilizing internal capabilities for cost-cutting opportunities. AI continues to evolve, and we'll continue monitoring industry trends to determine the company's competitive standing. We currently view AI risk for this industry as neutral/some risk that accounts for potential performance compression over the longer term. We will continue to assess CoAdvantage's ability to execute business initiatives to mitigate these potential headwinds. "CoAdvantage's leverage remains elevated, near our downgrade trigger, and we expect it to improve next year. While we view the PrimePay acquisition as strategic, the EBITDA benefit is going to take longer to offset the incremental debt. We now expect 6.9x leverage in 2026 before improving to 6.2x in 2027. We believe the company will continue its conservative financial policy regarding shareholder returns and acquisitions, as it has demonstrated in the past. The PrimePay acquisition is its largest M&A transaction in recent years. We don't expect another significant leveraged event until the acquisition is fully integrated and the company achieves anticipated benefits from its sales-force initiatives. We believe there may be risk to the company's deleveraging if market pressure continues, resulting in wage stagnation and loss of worksite employees. "The negative outlook reflects the possibility of a downgrade over the next 12 months if CoAdvantage cannot reduce leverage in line with our expectations." S&P could lower its ratings over the next 12 months if CoAdvantage's S&P Global Ratings-adjusted leverage remains above 7x. This could occur due to: -- Challenging macroeconomic environment in CoAdvantage's key geographies, lower worksite employee volumes, and increasing client losses; -- Cost overruns or a sharp increase in insurance claims by volume or severity, resulting in earnings volatility; or -- Aggressive financial policy choices including large, debt-funded acquisitions or shareholder distributions. S&P could revise the outlook to stable if CoAdvantage sustains leverage under 7x and returns to organic growth. This could occur if the company: -- Demonstrates its ability to achieve higher operating leverage through cost management that results in higher profits, including synergies with PrimePay; and -- Realizes benefits from sales investments by winning new clients, retaining existing clients, and increasing the number of worksite employees. ARGUS LOGISTICS: Barings CI Marks $2.4MM Loan at 55% Off -------------------------------------------------------- Barings Corporate Investors has marked its $2,448,479 loan extended to Argus Logistics to market at $1,112,162 or 45% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission on March 9, 2026. Barings Corporate Investors is a participant in a term loan extended to Argus Logistics. The Loan accrues interest at a rate of 8.45% (SOFR + 4.750%) per annum. The Loan matures on Dec. 19, 2031. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Argus Logistics Argus Logistics is an asset-light provider of managed transportation and fully outsourced supply chain management services for mid-sized shippers under longer-term contracts. ARMORED IMPACT: Soneet Kapila Named Subchapter V Trustee -------------------------------------------------------- The Acting U.S. Trustee for Region 21 appointed Soneet Kapila of Kapila Mukamal as Subchapter V trustee for Armored Impact Windows & Doors, Inc. Mr. Kapila will be paid an hourly fee of $450 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Kapila declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Soneet R. Kapila Kapila Mukamal 1000 South Federal Highway, Suite 200 Fort Lauderdale, FL 33316 Tel: (954) 761-1011 Email: skapila@kapilamukamal.com About Armored Impact Windows & Doors Inc. Armored Impact Windows & Doors, Inc. manufactures and installs impact-rated windows and doors for residential and commercial properties in South Florida. The company provides products and services including impact doors, replacement doors, impact windows, replacement windows, residential and high-rise installations, condominium solutions, HOA and property manager coordination, and permitting and approval processing across Boca Raton, Broward, Palm Beach, Martin, and St. Lucie Counties. It operates in the building products manufacturing and construction services industry, focusing on hurricane-resistant and code-compliant window and door systems. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-12660) on March 3, 2026, with $10,000 in assets and $1,163,237 in liabilities. Leonardo Rivas, president, signed the petition. Thomas Zeichman, Esq., at Zeichman Law represents the Debtor as bankruptcy counsel. ASPIRING SOLUTIONS: Christopher Hayes Named Subchapter V Trustee ---------------------------------------------------------------- The U.S. Trustee for Region 17 appointed Christopher Hayes as Subchapter V trustee for Aspiring Solutions, LLC. Mr. Hayes will be paid an hourly fee of $510 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Hayes declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Christopher Hayes 23 Railroad Avenue, #1238 Danville, CA 94526 Phone: (925) 725-4323 Email: chayestrustee@gmail.com About Aspiring Solutions LLC Aspiring Solutions LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Calif. Case No. 26-50328) on March 2, 2026, with $100,001 to $500,000 in both assets and liabilities. Michael Jay Berger, Esq., at the Law Offices of Michael Jay Berger is the Debtor's bankruptcy counsel. ATBIZ LLC: Files Emergency Bid to Use Cash Collateral ----------------------------------------------------- ATBIZ LLC asks the U.S. Bankruptcy Court for the Southern District of Florida, Fort Lauderdale Division, for authority to use cash collateral and provide adequate protection. The Debtor's operations depend heavily on the continuous purchase and importation of inventory from overseas suppliers and the subsequent sale and export of those goods through a network of distributors. It was founded in 2017 by Alejandra Galiano and Tania Rodriguez, while the day-to-day management of the business is handled by their husbands, Giovanni Ramos and Eligio Rodriguez. ATBIZ currently employs seven individuals, many of whom are family members, each performing important operational roles necessary to maintain the Debtor's business activities. Because payroll is essential to maintaining these operations, the Debtor has also filed a separate emergency motion seeking authorization to pay pre-petition wages to employees. The Debtor maintains a revolving credit relationship with TD Bank, NA that is partially guaranteed by the Small Business Administration. Under this financing arrangement, the Debtor has two separate loans with the Bank: an export loan used to finance the purchase, import, and distribution of merchandise destined for the Caribbean, Central America, and South America, with an outstanding balance of approximately $1,657,083, and a domestic loan used to finance merchandise distributed to customers within the United States, with an outstanding balance of approximately $756,044. The combined outstanding debt owed to the Bank totals approximately $2,413,127. Both loans operate under borrowing base formulas tied to the value of qualifying accounts receivable and warehouse inventory. Interest payments are calculated at a rate equal to 25 basis points above the prime rate. Under the Debtor's business model, revenue generated from sales is used to cover the cost of goods, import and export expenses, payments to the Bank, and general operational and administrative costs. However, the Debtor has recently fallen out of formula under the borrowing base requirements due primarily to two unexpected developments. First, the Debtor has faced substantial tariffs imposed on imported goods entering the U.S., which must be paid at the time of importation. Because a large portion of the Debtor's sales are to foreign markets in the Caribbean, Central America, and South America, the Debtor is now modifying its business model to drop ship products directly from overseas suppliers to foreign customers in order to bypass U.S. import tariffs. Nevertheless, tariffs still apply to products destined for U.S.-based customers, increasing costs and reducing liquidity. The second major challenge facing the Debtor involves several large customers that have defaulted on their payment obligations. One of the Debtor's largest customers, ZagaCity Tech LLC in San Juan, Puerto Rico, owes approximately $1,110,267 and recently filed its own Chapter 11 bankruptcy case. Another customer, Electro Sharlyn, SRL in the Dominican Republic, owes the Debtor approximately $619,556 and has failed to make payment, while a third customer, Ambar Distributor in Miami, Florida, is in default for $50,432. Prior to filing its bankruptcy case, the Debtor retained separate legal counsel to pursue collection actions against some of these delinquent customers. As of the filing of the motion, the Debtor estimates its total accounts receivable to be approximately $3,326,720 and its inventory at cost to be approximately $904,581, resulting in a combined collateral base of approximately $4,231,301 securing the Bank's loans. Even after excluding the receivables owed by the three defaulting customers, the remaining receivables and inventory would still total approximately $2,451,045, which is slightly above the outstanding loan balance of $2,413,127. Based on these figures, the Debtor believes that TD Bank remains adequately secured by its collateral position. To provide adequate protection to TD Bank while using its collateral, the Debtor proposes several protective measures. These include making monthly payments of $10,000 beginning April 1, with the payments split equally between the export and domestic loans and applied first to accrued interest and then to principal reduction. The Debtor also proposes granting TD Bank a first-priority post-petition lien on all post-petition accounts receivable and inventory, in addition to the Bank's existing pre-petition liens, without requiring the Bank to file additional financing statements to perfect those liens. The Debtor will provide the Bank with regular financial reporting, including schedules of outstanding receivables and inventory reconciliations on the first and fifteenth day of each month, and will allow the Bank to inspect its books, records, and inventory upon reasonable notice as long as such inspections do not disrupt business operations. The Debtor will also operate within the parameters of the submitted budget, although it may exceed any individual expense line by up to ten percent; any larger deviation would require approval from the Bank or the court. A copy of the motion is available at https://urlcurt.com/u?l=owk6ST from PacerMonitor.com. About ATBIZ LLC ATBIZ LLC is a Miami, Florida-based wholesale distributor and exporter of appliances, consumer electronics, furniture, and related products, serving retailers, importers, and distributors across the United States, the Caribbean, Central America, and South America. The company offers a catalog of products including TVs, audio equipment, small and large home appliances, health and beauty items, commercial appliances, and furniture. It also provides OEM and private-label manufacturing services, handling product design, quality control, and logistics for business clients. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-12500) on February 27, 2026. In the petition signed by Giovanni Ramos, manager, the Debtor disclosed up to $50,000 in assets and up to $10 million in liabilities. Geoffrey Aaronson, Esq., at AARONSON SCHANTZ BAILEY P.A., represents the Debtor as legal counsel. ATBIZ LLC: Seeks to Hire Aaronson Schantz Beiley as Legal Counsel ----------------------------------------------------------------- ATBIZ, LLC seeks approval from the U.S. Bankruptcy Court for the Southern District of Florida to employ Aaronson Schantz Beiley PA as counsel. The firm's services include: (a) advise the debtor with respect to its powers and duties and the continued management of its business operations; (b) advise the Debtor with respect to its responsibilities in complying with the U.S. Trustee's Operating Guidelines and Reporting Requirements, and with the Rules of the Court; (c) prepare legal documents necessary in the administration of the case; (d) protect the interest of the Debtor in all matters pending before the Court; and (e) represent the Debtor in negotiations with its creditors in the preparation of a plan. Geoffrey Aaronson, Esq., an attorney at Aaronson Schantz Beiley, 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: Geoffrey S. Aaronson, Esq. Aaronson Schantz Beiley PA One Biscayne Tower, Suite 3450 2 South Biscayne Boulevard Miami, FL 33131 Telephone: (786) 594-3000 Facsimile: (305) 424-9336 Email: gaaronson@aspalaw.com About ATBIZ LLC ATBIZ LLC is a Miami, Florida-based wholesale distributor and exporter of appliances, consumer electronics, furniture, and related products, serving retailers, importers, and distributors across the United States, the Caribbean, Central America, and South America. The company offers a catalog of products including TVs, audio equipment, small and large home appliances, health and beauty items, commercial appliances, and furniture. It also provides OEM and private-label manufacturing services, handling product design, quality control, and logistics for business clients. ATBIZ LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-12500) on February 27, 2026. In the petition signed by Giovanni Ramos, manager, the Debtor disclosed up to $50,000 in assets and up to $10 million in liabilities. Geoffrey S. Aaronson, Esq., at Aaronson Schantz Beiley PA represents the Debtor as counsel. ATRIUM COURT: Robert Handler Named Subchapter V Trustee ------------------------------------------------------- The U.S. Trustee for Region 11 appointed Robert Handler of Commercial Recovery Associates, LLC as Subchapter V trustee for Atrium Court Village Home Condominium Association. Mr. Handler will be paid an hourly fee of $450 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Handler declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Robert P. Handler Commercial Recovery Associates, LLC 205 West Wacker Drive, Suite 918 Chicago, IL 60606 Tel: (312) 845-5001 x221 Email: rhandler@com-rec.com About Atrium Court Village Home Condominium Atrium Court Village Home Condominium Association filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. N.D. Ill. Case No. 26-03850) on March 4, 2026, with $100,001 to $500,000 in assets and $500,001 to $1 million in liabilities. Richard G. Larsen, Esq., at Springer Larsen, LLC represents the Debtor as legal counsel. AUTOMATED FINANCIAL: Barings CI Marks $2.8MM Loan at 71% Off ------------------------------------------------------------ Barings Corporate Investors has marked its $2,842,128 loan extended to Automated Financial Systems to market at $814,813 or 29% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a Term loan extended to Automated Financial Systems. The Loan accrues interest at a rate of 8.73% (SOFR + 5.000%) per annum. The Loan matures on Aug. 31, 2031. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Automated Financial Systems Automated Financial Systems is a U.S.-based provider of loan management software serving large and mid-sized banks and other financial institutions nationwide. AVALON GLOBOCARE: Grants $175,000 CFO Bonus, Raises Director Fees ----------------------------------------------------------------- Avalon Globocare Corp. disclosed in a regulatory filing that the Board of Directors approved the payment of a bonus in the amount of $175,000 to Luisa Ingargiola, the Chief Financial Officer of the Company, in consideration for her efforts in connection with advancing the business of the Company and its financial position during the 2025 fiscal year. In addition, the Board of Directors also approved an increase in the fees payable to Steven Saunders to $95,000 per annum in consideration for his service as lead director of the Board About Avalon Globocare Avalon Globocare Corp., based in Freehold, New Jersey, develops and markets precision diagnostic consumer products and cellular therapy intellectual property. The Company currently sells the KetoAir breathalyzer, a U.S. FDA-registered Class I medical device, and plans to expand its diagnostic applications. It also owns and manages commercial real estate at its headquarters. In an audit report dated March 31, 2025, M&K CPAS, PLLC issued a "going concern" qualification citing that the Company has yet to achieve profitable operations, has negative cash flows from operating activities, and is dependent upon future issuances of equity or other financings to fund ongoing operations, all of which raises substantial doubt about its ability to continue as a going concern. As of September 30, 2025, the Company had $9.1 million in total assets, $13.6 million in total liabilities, and $4.5 million in total deficit. AVENGER FLIGHT: Hires Seabury Securities LLC as Investment Banker ----------------------------------------------------------------- Avenger Flight Group, LLC, et al., seek approval from the U.S. Bankruptcy Court for the District of Delaware to hire Seabury Securities LLC as investment banker. The firm will render these services: a. assist the Debtor in identifying potential buyers or parties in interest to a Sale Transaction; b. assist Counsel and the Debtor in the drafting, preparation and distribution of relevant memoranda, documents and other materials we mutually agree are beneficial or necessary for the consummation of any Sale Transaction, including, as applicable, documents and materials describing the Debtor, any securities to be offered and the terms of any such Sale Transaction (collectively, the "Transaction Materials"), it being understood that the Debtor will be solely responsible for the accuracy and completeness of any such Transaction Materials; c. assist Counsel and the Debtor in identifying and contacting prospective interested parties ("Counterparties") for a Sale Transaction, and assist the Debtor in coordinating and evaluating indications of interest and/or proposals regarding a potential Sale Transaction; d. assist in the due diligence process related to any Sale Transaction; e. to the extent reasonable and appropriate, provide a valuation expert report and/or valuation expert testimony in connection with a Chapter 11 plan of reorganization; f. advise the Debtor as to the strategy and tactics of negotiations with prospective Counterparties and, if requested, participate in such negotiations; and g. render such other investment banking services as may from time to time be mutually agreed upon by Seabury, Counsel and the Debtor. The firm will be compensated at these fees: a. Retainer Fees. Four monthly retainer fees in the aggregate amount of $325,000, payable as follows: the first payment of US$ 25,000 payable on the date of this Agreement, and thereafter three equal payments of US$ 100,000 each, payable on each of January 1, February 1 and March 1, 2026 (the "Retainer Fees"); plus b. Transaction Fee. Upon the closing of a Transaction, the Debtor shall pay to Seabury a transaction fee (the "Transaction Fee") of US$ 300,000. The Transaction Fee is due and payable within five (5) business days after the closing or effective date (whichever occurs earlier) of any Transaction. For the avoidance of doubt, Seabury shall be only be entitled to a single Transaction Fee pursuant to this Agreement, notwithstanding that there may be multiple Transactions or a series of Transactions, and no Transaction Fee shall be payable in connection with any debtor in possession financing provided to the Debtor. c. Deposit. The Debtor shall pay a deposit to Seabury upon execution of this Agreement equal to $100,000 (the "Deposit") that Seabury may hold until the end of the engagement to cover any unreimbursed fees due. Seabury shall deduct its expenses from the Deposit. If, at the end of the Term, there is any residual amount of the Deposit which is unused, Seabury shall promptly repay such residual amount to the Debtor. As disclosed in the court filing, Seabury is "disinterested" as such term is defined in section 101(14) of the Bankruptcy Code. The firm can be reached through: Michael B. Cox Seabury Aviation Partners LLC Seabury Securities LLC Carnegie Hall Tower, 53rd Floor 152 West 57th Street New York, NY 10019 Tel: (212) 284-1150 Fax: (212) 284-1143 Email: pr@seaburycapital.com About Avenger Flight Group LLC Avenger Flight Group LLC provide low-cost training solutions for clients while preserving value, a high degree of quality and customer service at all times. It has tailor-made its services toward rapidly growing Low Cost Carriers (LCC) which had been neglected in many occasions by other training providers. AFG has become the preferred training center for many US and international airlines, especially LCCs. Avenger Flight sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bank. D. Dela. Case No. 26-10183) on February 12, 2026. Judge Mary F. Walrath oversees the case. Steven W. Golden at Pachulski Stang Ziehl & Jones LLP represents the Debtor as legal counsel. AVENGER FLIGHT: Hires Verita Global as Administrative Advisor ------------------------------------------------------------- Avenger Flight Group, LLC, et al., seek approval from the U.S. Bankruptcy Court for the District of Delaware to hire Kurtzman Carson Consultants, LLC dba Verita Global as administrative advisor. The firm's services include: 1. assisting with, among other things, the preparation of the Debtors' schedules of assets and liabilities, schedules of executory contracts and unexpired leases and statements of financial affairs; 2. assisting with, among other things, solicitation, balloting, tabulation and calculation of votes, as well as preparing any appropriate reports required in furtherance of confirmation of any chapter 11 plan; 3. generating an official ballot certification and testifying, if necessary, in support of the ballot tabulation results for any chapter 11 plan(s) in the chapter 11 cases; 4. generating, providing and assisting with claims objections, exhibits, claims reconciliation and related matters; and 5. providing such other claims processing, noticing, solicitation, balloting and administrative services described in the Services Agreement, but not included in the Section 156(c) Application, as may be requested by the Debtors from time to time. Verita received a retainer in the amount of $30,000. Verita represents that it is a "disinterested person," as that term is defined in section 101(14) of the Bankruptcy Code," and that it "neither holds nor represents any interest materially adverse to the Debtors' estates." The firm can be reached at: Evan Gershbein Kurtzman Carson Consultants, LLC dba Verita Global 222 N. Pacific Coast Highway, 3rd Floor El Segundo, CA 90245 Telephone: (310) 823-9000 About Avenger Flight Group LLC Avenger Flight Group LLC provide low-cost training solutions for clients while preserving value, a high degree of quality and customer service at all times. It has tailor-made its services toward rapidly growing Low Cost Carriers (LCC) which had been neglected in many occasions by other training providers. AFG has become the preferred training center for many US and international airlines, especially LCCs. Avenger Flight sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bank. D. Dela. Case No. 26-10183) on February 12, 2026. Judge Mary F. Walrath oversees the case. Steven W. Golden at Pachulski Stang Ziehl & Jones LLP represents the Debtor as legal counsel. AVENGER FLIGHT: Seeks to Hire Ordinary Course Professionals ----------------------------------------------------------- Avenger Flight Group, LLC, et al., seek approval from the U.S. Bankruptcy Court for the District of Delaware to 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 OCPs include: Nelson Mullins Riley & Scarborough LLP 2 Biscayne Blvd., 21st Floor Miami, FL 33131 -- U.S. corporate and employment counsel Monthly Cap: $50,000 Bennett Jones 3400 One First Canadian Place P.O. Box 130 Toronto, Ontario M5X 1A4 Canada --Canadian counsel Monthly Cap: $15,000 CliftonLarsonAllen 14815 Ballantyne Village Way, Suite 300 Charlotte, NC 28277 --Accounting services Monthly Cap: $120,000 Alvarez & Marsal Tax LLC 600 Bricknell Avenue, Suite 2950 Miami, FL 33131 --Tax advisors Monthly Cap: $50,000 Garrigues Mexico Paseo de las Palmas 525, Piso 7 Col. Lomas de Chapultepec 11000 Ciudad de Mexico (Mexico) --Mexican legal counsel Monthly Cap: $20,000 Posse Herrera Ruiz Colombia Cra 7 No. 71 52, Torre A Piso 5 110231 - Bogota - Colombia --Colombian legal counsel Monthly Cap: $20,000 Herzog Israel Herzog Tower, 6 Yitzhak Sadeh St. Tel Aviv 6777506, Israel --Israeli legal counsel Monthly Cap: $20,000 Gray Robinson, P.A. 401 East Las Olas Blvd., Suite 1000 Fort Lauderdale, FL 33301 --U.S. trademark counsel Monthly Cap: $5,000 Salazar Law 2121 SW 3rd Avenue, Suite 200 Miami, FL 33129 --U.S. collections counsel Monthly Cap: $5,000 Crido Legal Baran ul. Towarowa 28 00-839 Warszawa --Polish legal counsel Monthly Cap: $10,000 CSWP Prosta Mikolaja Kopernika 34 00-336 Warszawa, Poland --German tax advisors Monthly Cap: $10,000 FieldFisher LLP Riverbank House, 2 Swan Lane, London, England EC4R 3TT, United Kingdom --Dutch law counsel Monthly Cap: $10,000 About Avenger Flight Group LLC Avenger Flight Group LLC provide low-cost training solutions for clients while preserving value, a high degree of quality and customer service at all times. It has tailor-made its services toward rapidly growing Low Cost Carriers (LCC) which had been neglected in many occasions by other training providers. AFG has become the preferred training center for many US and international airlines, especially LCCs. Avenger Flight sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bank. D. Dela. Case No. 26-10183) on February 12, 2026. Judge Mary F. Walrath oversees the case. Steven W. Golden at Pachulski Stang Ziehl & Jones LLP represents the Debtor as legal counsel. AVENGER FLIGHT: Taps Holland & Knight as Special Aviation Counsel ----------------------------------------------------------------- Avenger Flight Group, LLC, et al., seek approval from the U.S. Bankruptcy Court for the District of Delaware to hire Holland & Knight LLP as special aviation counsel. The firm will render these services: (i) counsel concerning continuation of compliance with Federal Aviation Regulations codified at 14 CFR part 142, which applies to training centers, and 14 CFR part 60, which applies to qualifications of simulators and flight training devices that Debtors use in their provision of services to customers; and (ii) direct correspondence with the Federal Aviation Administration on behalf of Debtors, concerning regulatory compliance; and (iii) other matters incidental to the foregoing. The firm's hourly rates are: Partners $890 to $1,450 Senior Counsel $995 Paralegals $300 to $450 The firm has agreed to a 10 percent discount on their rates. The following is provided in response to the request for additional information set forth in Section D.1 of the UST Guidelines: Question: Did you agree to any variations from, or alternatives to, your standard or customary billing arrangements for this engagement? Answer: The firm agreed to a 10 percent discount on all billing rates. 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: The billing rates and material financial terms for the post-petition period remain the same as the prepetition period subject to an annual economic adjustment. The standard hourly rates of the firm are subject to periodic adjustment in accordance with its practice. Question: Has your client approved your prospective budget and staffing plan, and, if so, for what budget period? Answer: The Debtors and H&K have discussed a prospective budget and staffing plan to comply with the U.S. Trustee's requests for information and additional disclosures, recognizing that in the course of these large Chapter 11 Cases there may be unforeseeable fees and expenses that will need to be addressed by the Debtors and H&K. As disclosed in the court filing, Holland & Knight LLP is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Jonathan M. Epstein, Esq. Holland & Knight LLP 800 17th Street N.W., Suite 1100 Washington, DC 20006 Tel: (202) 828-1870 Email: Jonathan.Epstein@hklaw.com About Avenger Flight Group LLC Avenger Flight Group LLC provide low-cost training solutions for clients while preserving value, a high degree of quality and customer service at all times. It has tailor-made its services toward rapidly growing Low Cost Carriers (LCC) which had been neglected in many occasions by other training providers. AFG has become the preferred training center for many US and international airlines, especially LCCs. Avenger Flight sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bank.D.Dela. Case No. 26-10183) on February 11, 2026. Steven W. Golden at Pachulski Stang Ziehl & Jones LLP represents the Debtor as legal counsel. AVENGER FLIGHT: Taps Mr. Perkins of SierraConstellation as CRO -------------------------------------------------------------- Avenger Flight Group, LLC, et al., seek approval from the U.S. Bankruptcy Court for the District of Delaware to hire SierraConstellation Partners to provide Lawrence Perkins to serve as chief restructuring officer and Ben Smith as deputy CRO and provide additional staff. The firm will render these services: (a) provide oversight and assistance 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; (b) communicate with lenders directly regarding financial performance, strategy, and/or other topics relevant to the scope of the assignment; (c) provide support and assistance in connection with communications and negotiations with constituents including trade vendors, investors and other critical constituents to the successful execution of the Company's near-term business plan; (d) provide assistance in the management of schedules, reporting, and other materials required in connection with a court-based proceeding; (e) provide support related to the Company's operations and cash flow management during the bankruptcy process; (f) interact with unsecured creditor committee and assist in the preparation of management report and related communications; (g) provide testimony and serve as support to the responsible party in connection with reporting and other requirements in bankruptcy court; (h) provide insights and support in conjunction with the preparation, negotiation, and defense of a chapter 11 plan; and (i) perform such other services as requested or directed by the Company. The firm's current standard hourly rates are: CRO $1,200 Deputy CRO $675 Partners $895 to $1,400 Managing Directors $765 to $865 Senior Directors $675 to $735 Directors $525 to $575 Senior Associates $425 Associates $395 Analysts $300 In the 90 days prior to the Petition Date, SierraConstellation Partners received cash on account and payments totaling $572,396.18. As of the Petition Date, SCP holds a retainer of $11,584.14 from the Debtors. As disclosed in the court filings, SierraConstellation Partners is a "disinterested person" within the meaning of 11 U.S.C. Sec. 101(14). The firm can be reached through: Lawrence Perkins Ben Smith SierraConstellation Partners 355 S. Grand Ave, Suite 1450 Los Angeles, CA 90071 Phone: (408) 245-9500 About Avenger Flight Group LLC Avenger Flight Group LLC provide low-cost training solutions for clients while preserving value, a high degree of quality and customer service at all times. It has tailor-made its services toward rapidly growing Low Cost Carriers (LCC) which had been neglected in many occasions by other training providers. AFG has become the preferred training center for many US and international airlines, especially LCCs. Avenger Flight sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bank. D. Dela. Case No. 26-10183) on February 12, 2026. Judge Mary F. Walrath oversees the case. Steven W. Golden at Pachulski Stang Ziehl & Jones LLP represents the Debtor as legal counsel. BARKING LOT: Commences Chapter 7 Bankruptcy in Pennsylvania ----------------------------------------------------------- On March 11, 2026, Barking Lot of New Castle LLC filed for Chapter 7 protection in the Western District of Pennsylvania Bankruptcy Court. According to court filings, the Debtor reports between $0 and $100,000 in debt owed to 1–49 creditors. About Barking Lot of New Castle LLC Barking Lot of New Castle LLC is a pet care services provider, likely offering dog daycare, boarding, grooming, and related animal care services to customers in the New Castle area. The company focuses on providing supervised care and services for pets in a safe and structured environment. Barking Lot of New Castle LLC sought relief under Chapter 7 of the U.S. Bankruptcy Code (Bankr. W.D. Pa. Case No. 26-20676) on March 11, 2026. In its petition, the Debtor reports estimated assets and estimated liabilities each ranging from $0 to $100,000. Honorable Bankruptcy Judge John C. Melaragno handles the case. The Debtor is represented by Louis R. Pomerico, Esq. BEELINE HOLDINGS: Registers $15MM At-the-Market Offering of Shares ------------------------------------------------------------------ Beeline Holdings, Inc. filed a prospectus supplement registering the offer and sale from time-to-time of up to $15,000,000 of shares of the Company's common stock under that certain At the Market Offering Agreement dated April 30, 2025, with Ladenburg Thalmann & Co., Inc. acting as sales agent. The sales of the Shares are in addition to prior sales of approximately 5,907,698 shares of common stock for gross proceeds totaling approximately $8,260,077 previously sold under the Agreement. Sales of the Shares, if any, may be made by any method permitted by law deemed to be an "at the market" offering as defined in Rule 415 of the Securities Act of 1933, including without limitation sales made directly on or through the Nasdaq Capital Market, the trading market for the Company's common stock, or any other existing trading market in the United States for the Company's common stock, sales made to or through a market maker other than on an exchange or otherwise, sales made directly to Ladenburg as principal in negotiated transactions at market prices prevailing at the time of sale or at prices related to such prevailing market prices, and/or in any other method permitted by law. Ladenburg will use commercially reasonable efforts to sell on Beeline's behalf all of the Shares requested to be sold by the Company, consistent with its normal trading and sales practices, subject to the terms of the Agreement. Under the Agreement, Ladenburg will be entitled to compensation of 3.0% of the gross proceeds from the sales of the Shares sold under the Agreement. In addition, Beeline previously reimbursed Ladenburg for the fees and disbursements of its counsel, in an amount not to exceed $50,000. In addition, the Company agreed to reimburse Ladenburg for legal fees of its counsel up to $5,500 for each quarterly due diligence update and up to $7,500 pursuant to certain terms of the Agreement including annual due diligence updates. The Shares are being offered and sold pursuant to a prospectus supplement filed with the Securities and Exchange Commission on March 10, 2026 and the accompanying base prospectus which is part of the Company's effective Registration Statement on Form S-3 (File No. 333-284723). Investors should read the Registration Statement, the base prospectus and the prospectus supplement and all documents incorporated therein by reference. The Registration Statement relating to these securities has been filed with the Commission and has been declared effective. Copies of the prospectus supplement and base prospectus relating to the offering may be obtained when available by contacting Ladenburg Thalmann & Co., Inc., Attention: Syndicate department by calling 212-409-2000, or by visiting EDGAR on the Commission's website at www.sec.gov. An Opinion and Consent of Nason, Yeager, Gerson, Harris & Fumero, P.A. is available at https://tinyurl.com/5hd6zhbu About Beeline Holdings Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, Al-powered platform, Beeline delivers a faster, smarter path to home loans-whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The Company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions. Boca Raton, Florida-based Salberg & Company, P.A., the Company's auditor since 2024, issued a "going concern" qualification in its report dated April 15, 2025, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2024, citing that the Company has incurred recurring losses and negative cash flows from operations since its inception, has a significant working capital deficit, and is dependent on debt and equity financing. These matters raise substantial doubt about the Company's ability to continue as a going concern. As of September 30, 2025, the Company had $63.2 million in total assets, $11.4 million in total liabilities, and $51.7 million in total equity. BEELINE HOLDINGS: Sansar Capital Holds 8.1% Equity Stake -------------------------------------------------------- Sansar Capital Master Fund, L.P. disclosed in a Schedule 13G (Amendment No. 1) filed with the U.S. Securities and Exchange Commission that as of March 6, 2026, it beneficially owns 2,248,560 shares of Beeline Holdings, Inc.'s common stock, representing 8.1% of the 27,755,039 shares outstanding as of November 14, 2025, as reported on the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the SEC on November 14, 2025. Sansar Capital Master Fund, L.P. may be reached through: Sanjay Motwani, President Sansar Capital Management, L.L.C. 220 Riverside Blvd., Apt 20N New York, NY 10069 Tel: 212-399-8981 A full-text copy of Sansar Capital Master Fund, L.P.'s SEC report is available at: https://tinyurl.com/32b4vy9x About Beeline Holdings Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, Al-powered platform, Beeline delivers a faster, smarter path to home loans-whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The Company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions. Boca Raton, Florida-based Salberg & Company, P.A., the Company's auditor since 2024, issued a "going concern" qualification in its report dated April 15, 2025, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2024, citing that the Company has incurred recurring losses and negative cash flows from operations since its inception, has a significant working capital deficit, and is dependent on debt and equity financing. These matters raise substantial doubt about the Company's ability to continue as a going concern. As of September 30, 2025, the Company had $63.2 million in total assets, $11.4 million in total liabilities, and $51.7 million in total equity. BERRY CAPITAL: To Sell Farm Equipment to Paragroup Farms for $1MM ----------------------------------------------------------------- Berry Capital Management LLC seeks permission from the U.S. Bankruptcy Court for the Eastern District of North Carolina, Raleigh Division, to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor seeks authority to sell via private sale several farm equipment and machines. The proposed purchase price for the Property is $1,000,000. The Debtor represents that the Property constitutes security for loans evidenced by a series of Secured Promissory Notes held by certain non-voting members of the Debtor. The Secured Note Holders purportedly assert a security interest in accounts receivable, equipment, inventory, general intangibles, deposit accounts, chattel paper, instruments, documents, security for accounts, records, and proceeds. The list of the Secured Note Holders is also provided. https://urlcurt.com/u?l=bF3GYR The Debtor proposes to sell the Property free and clear of any claims and liens of record, including any liens security interests and claims asserted against the Property. The purchaser of the Property is Paragroup Farms Inc. Neither the Debtor nor its management or investors have any affiliation with the Purchaser. The Property will sold in an "AS IS" condition, and no warranties shall be made as to the condition, use or fitness of the Property for a particular purpose. The Proposed private sale is the best method to liquidate the Property, as it shall preserve the rights of lien and interest holders in the Property and represents fair value for the same. About Berry Capital Management LLC Berry Capital Management LLC, based in Brevard, North Carolina, is an agricultural investment company providing capital for a 400-acre organic blueberry farm. Its affiliated entity, Berry Capital Management II, LLC, supports the same investment projects. Berry Capital Management LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D.N.C. Case No. 25-04002) on October 10, 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 Joseph N. Callaway handles the case. The Debtor is represented by David J. Haidt, Esq. of AYERS & HAIDT, PA. BIBB COUNTY HEALTH CARE: S&P Affirms 'BB' Rating on Tax Rev. Bonds ------------------------------------------------------------------ S&P Global Ratings affirmed its 'BB' long-term rating and underlying rating (SPUR) on the Bibb County Health Care Authority (BCHCA), Ala.'s series 2016 hospital tax revenue bonds. The outlook is stable. S&P said, "We view BCHCA's social risks as elevated in our credit rating analysis given social capital risks related to its very limited PSA, with a population of fewer than 10,000, which can limit demand for the facility. We also now view governance factors as negative. The authority's fiscal 2023 audit, covering the year ended Sept. 30, 2023, was not signed until January 2026, more than 27 months after fiscal year-end. The fiscal 2024 audit remains incomplete. The fiscal 2023 audit also identified a material weakness related to the failure to implement GASB Statement No. 96 (Subscription-Based Information Technology Arrangements) on its effective date, and management omitted the required management's discussion and analysis. We believe the repeated delays in producing audited financial statements and the identified internal control deficiency represent a meaningful governance risk that has been factored into our analysis. To date, interim unaudited financials have generally tracked with audited results, which we believe mitigates risk of potential financial deterioration between audit reports. Environmental factors are neutral within our credit rating analysis. "The stable outlook reflects our expectation that the hospital will maintain its current business position, supporting consistent volumes and adequate MADS coverage while sustaining healthy balance-sheet metrics for the rating level through the outlook period. The outlook also reflects our view that operating income will remain positive and continue to benefit from the special tax receipts, improved Medicaid reimbursement, and 340B pricing. "We could consider a negative rating action if there is a sustained trend of weaker operations resulting in a measurable decline in MADS coverage below current levels. We would also view negatively a large use of unrestricted reserves that results in a material weakening of key balance-sheet metrics, or a continued inability to produce timely audited financial statements. Any material weakening of the enterprise profile, including the loss of key physicians or further increases in governance risks, could also lead to a negative rating action. "We could consider a higher rating if BCHCA is able to sustain positive operating margins while demonstrating a reduced reliance on one-time and special funding and producing timely audited financial statements. We would also view an improving enterprise profile and business diversification favorably." BKF ENGINEERS: Barings CI Marks $1.2MM Loan at 28% Off ------------------------------------------------------ Barings Corporate Investors has marked its $1,274,384 loan extended to BKF Engineers to market at $917,772 or 72% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to BKF Engineers. The Loan accrues interest at a rate of 8.72% (SOFR + 5.000%) per annum. The Loan matures on Aug. 23, 2030. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About BKF Engineer BKF Engineers is a West Coast firm providing civil engineering, land surveying and land planning services to government agencies, institutions, developers, design professionals, contractors, school districts and corporations. BOSTIC ENTERPRISE: Hires Kaplan Johnson Abate & Bird as Counsel --------------------------------------------------------------- Bostic Enterprise Alliance, Inc. seeks approval from the U.S. Bankruptcy Court for the Western District of Kentucky to hire Kaplan Johnson Abate & Bird LLP as counsel. The firm will render these services: a. advice with respect to the Debtor's powers and duties as debtor in possession in the continued management of its financial affairs and estate assets; b. actions to protect and preserve the estate, including the prosecution of actions on behalf of the Debtor, the defense of any action commenced against the Debtor before the Bankruptcy Court, negotiations concerning all litigation in which the Debtor is involved, if any, and examination of proofs of claims; c. advice and preparation of all necessary motions, answers, orders, reports, and other legal papers in connection with the administration of the estate and those requirements or limitations imposed on the Debtor as debtor in possession; and d. strategic planning, negotiation, and preparation of instruments in connection with this chapter 11 case and the formulation and implementation of Debtor's Chapter 11 plan. The firm's rates for professionals and paraprofessionals range from $155 to $685 per hour. The firm agrees that the Debtor deposit $5,000 per month into an escrow account it maintains for each of the first two months following commencement of the bankruptcy case, and then pay $2,000 per month for each subsequent month during the pendency of this chapter 11 case. As disclosed in the court filing, Kaplan Johnson Abate & Bird LLP is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Charity S. Bird, Esq. Tyler R. Yeager, Esq. Kaplan Johnson Abate & Bird LLP 710 W. Main St., 4th Floor Louisville, KY 40202 Telephone: (502) 416-1630 Email: cbird@kaplanjohnsonlaw.com tyeager@kaplanjohnsonlaw.com About Bostic Enterprise Alliance Inc. Bostic Enterprise Alliance, Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Ky. Case No. 26-30247) on February 4, 2026, with $100,001 to $500,000 in assets and $500,001 to $1 million in liabilities. Judge Joan A. Lloyd presides over the case. Charity S. Bird, Esq., at Kaplan Johnson Abate & Bird, LLP represents the Debtor as legal counsel. BUSKE LOGISTICS: Barings CI Marks $1M Loan at 36% Off ----------------------------------------------------- Barings Corporate Investors has marked its $1,020,372 loan extended to Buske Logistics Inc to market at $653,619 or 64% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to Buske Logistics Inc. The loan accrues interest at a rate of 8.84% (SOFR + 5.000%) per annum. The loan matures on Oct. 31, 2031. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Buske Logistics Inc. Buske Logistics Inc. is a provider of value-added warehousing and logistics services specializing in storage, handling, packaging, inspection, kitting and component sequencing. BY HOTEL: Gets Interim Cash to Fund Chapter 11 Case --------------------------------------------------- Ben Zigterman of Law360 Bankruptcy Authority reports that a Delaware bankruptcy judge on Friday, March 13, 2026, allowed the owner of two Chicago hotels to tap into its senior lender's cash collateral on an interim basis, providing necessary funding for its Chapter 11 case. The ruling ensures the debtor can continue operating while the court evaluates more permanent financing proposals. The debtor had sought permission to use the lender's cash collateral to cover essential business expenses, arguing that failure to do so would jeopardize operations and asset value. The lender agreed to the interim arrangement, subject to financial controls and compliance with a court-approved budget, according to report. The judge reserved decision on issues related to BY Hotel, including disputes that could affect the structure of the debtor's reorganization plan. Those matters remain pending and will be addressed in future hearings as the case develops, Law360 reports. About By Hotel SPE-3 LLC By Hotel SPE-3 LLC is a hospitality investment company specializing in the ownership and management of hotel properties. As a special purpose entity, the company focuses on managing hotel-related assets and supporting hospitality operations. By Hotel SPE-3 LLC and affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del. Case No. 26-10324) on March 8, 2026. In its petition, the Debtor reports estimated assets and liabilities between $100 million and $500 million. C & S RESTAURANT: Taps as Gulf Coast Bankruptcy Law Firm as Counsel ------------------------------------------------------------------- C & S Restaurant Group, LLC seeks approval from the U.S. Bankruptcy Court for the Middle District of Florida to employ Trunkett Law Firm LLC, doing business as Gulf Coast Bankruptcy Law Firm, as counsel. The firm will provide these services: (a) provide the Debtor with legal advice and counsel with respect to: (i) its rights, duties, and powers in the case; and (ii) compliance with the Bankruptcy Code, Bankruptcy Rules, Local Rules, and all orders issued by the Court in the case; (b) prepare, on behalf of the Debtor, all necessary legal papers as may be necessary in furtherance of its interests and objectives in the case; (c) prosecute and defend any causes of action on behalf of the Debtor where special counsel is deemed unnecessary; (d) assist, in the formulation of a plan of reorganization or liquidation, and advise the Debtor with regard to same; (e) assist the Debtor in considering and requesting the appointment of a trustee or examiner, should such action become necessary; (f) consult with the Office of the United States Trustee and the Subchapter V Trustee concerning the administration of the Debtor's estate, to the extent applicable; (g) represent the Debtor at hearings and other judicial proceedings; and (h) perform such other legal services as may be required, and as are deemed to be in the best interest of the Debtor, in accordance with the powers and duties afforded to it under the Bankruptcy Code. The firm will be paid at these hourly rates: Attorneys $400 Legal Assistants $125 In addition, the firm will seek reimbursement for expenses incurred. Prior to the commencement of the case, the firm received the check for $15,000 for prefiling attorney fee and the filing fee of $1,738 into its attorney trust account from the Debtor. Joseph Trunkett, Esq., an attorney at Gulf Coast Bankruptcy Law Firm, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Joseph Trunkett, Esq. Gulf Coast Bankruptcy Law Firm 1533 Hendry St., Suite 300 Fort Myer, FL 33901 Telephone: (239) 790-4529 Email: jtrunkett@trunkettlaw.com About C & S Restaurant Group LLC C & S Restaurant Group LLC operates Buster's Sports Tavern, a casual full-service restaurant and sports tavern in Fort Myers, Florida, offering made-to-order meals, alcoholic beverages, and a sports-oriented dining experience. The company is registered in Florida as a limited liability company and manages its restaurant operations from its main location on McGregor Boulevard. C & S Restaurant Group sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-00517) on March 6, 2026. In its petition signed by Scott T. Iannelli, managing member, the Debtor disclosed $70,681 in total assets and $1,528,291 in liabilities. Judge Luis Ernesto Rivera II handles the case. Joseph Trunkett, Esq., at Gulf Coast Bankruptcy Law Firm serves as the Debtor's counsel. CARE ONE: Court Extends Cash Collateral Access to April 15 ---------------------------------------------------------- Care One Home Health Services, Inc. received third interim approval from the U.S. Bankruptcy Court for the Northern District of Illinois, Eastern Division, to use cash collateral to fund operations. The court authorized the Debtor to use cash collateral through April 15 according to a court-approved budget covering March 12 to April 15. The Debtor is not allowed to make payments outside the listed expenses without written consent from secured lender Byzfunder or further court approval. Byzfunder holds a blanket lien on the Debtor's assets securing at least $93,000 in debt, with Specialty Capital, LLC as a subordinate lienholder. As adequate protection, Byzfunder and Specialty Capital will be granted replacement liens on substantially all assets of the Debtor, with the same priority and extent as their pre-bankruptcy liens. These liens maintain the same priority and validity as the lenders’ prepetition liens. The order also required the Debtor to maintain insurance coverage, preserve and properly manage collateral, and allow the secured lender access to books, records, and collateral. The next hearing is scheduled for April 14. The order is available at https://shorturl.at/Bi10S from PacerMonitor.com. About Care One Home Health Services Inc. Care One Home Health Services, Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 26-01443) on January 27, 2026, with $100,001 to $500,000 in assets and $500,001 to $1 million in liabilities. Judge Jacqueline P. Cox presides over the case. Richard G. Larsen, Esq., at Springer Larsen, LLC represents the Debtor as legal counsel. CARE ONE: Seeks to Hire Springer Larsen LLC as Legal Counsel ------------------------------------------------------------ Care One Home Health Services, Inc. seeks approval from the U.S. Bankruptcy Court for the Northern District of Illinois to hire to hire Springer Larsen, LLC as its legal counsel. The firm will render these services: (a) consult with the Debtor concerning its powers and duties in the continued operation of its business and management of its financial and legal affairs; (b) consult with the Debtor and with other professionals concerning the negotiation, formulation, preparation, and prosecution of a Chapter 11 plan and disclosure statement; (c) confer and negotiate with the Debtor's creditors, other parties in interest, and their respective attorneys and other professionals concerning its financial affairs and property, Chapter 11 plans, claims, liens, and other aspects of this case; (d) appear in court on behalf of the Debtor when required, and will prepare, file, and serve such applications, motions, complaints, notices, orders, reports, and other documents and pleadings as may be necessary in connection with this case; and (e) provide the Debtor with such other services as it may request and which may be necessary in the circumstances. The firm's professionals will be paid at these hourly rates: Thomas Springer, Attorney $475 Richard Larsen, Attorney $465 ` The firm received a pre-petition retainer of $10,000 from the Debtor. Mr. Larsen disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Richard G. Larsen, Esq. Springer Larsen, LLC 300 South County Farm Rd., Suite G Wheaton, IL 60187 Telephone: (630) 510-0000 Email: rlarsen@springerbrown.com About Care One Home Health Services Inc. Care One Home Health Services, Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 26-01443) on January 27, 2026, with $100,001 to $500,000 in assets and $500,001 to $1 million in liabilities. Judge Jacqueline P. Cox presides over the case. Richard G. Larsen, Esq., at Springer Larsen, LLC represents the Debtor as legal counsel. CASTILLO GRAND: Seeks to Extend Plan Exclusivity to June 4 ---------------------------------------------------------- Castillo Grand Hotel Condominium Residences Association, Inc. asked the U.S. Bankruptcy Court for the Southern District of Florida to extend its exclusivity periods to file a plan of reorganization and obtain acceptance thereof to June 4 and August 4, 2026, respectively. The Debtor explains that an extension of the Exclusive Period is customary, as well as essential, in the context of the Debtor's Chapter 11 case. The Debtor claims that ample cause exists to grant the Debtor such relief because, inter alia, (i) the Debtor has filed a motion to compromise controversy with its primary creditor (the "Settlement Motion") which if granted will obviate the need for confirmation in any event, (ii) the Debtor is not seeking to use exclusivity to pressure creditors into accepting a plan they find unacceptable, and (iii) no viable plan can be proposed in any event absent a decision on the appeal between the Debtor and its primary creditor anyway, which itself will be resolved by the Settlement Motion if granted. The Debtor submits that an extension of the Exclusive Period is warranted and appropriate for this case. The relief requested will afford the Debtor a full and fair opportunity to negotiate, propose, and seek acceptances of a confirmable Chapter 11 plan. Proposed Counsel for the Debtor: David A. Ray, Esq. TRIPP SCOTT, P.A. 110 S.E. Sixth St., 15th Floor Fort Lauderdale, FL 33301 Telephone: (954) 525-7500 Facsimile: (954) 761-8475 E-mail: dar@trippscott.com About Castillo Grand Hotel Condominium Residences Association Castillo Grand Hotel Condominium Residences Association, Inc. is a Florida-based not-for-profit corporation that manages property operations and resident affairs at 1 North Fort Lauderdale Beach Boulevard in Fort Lauderdale, overseeing the Castillo Grand Hotel Residences condominium complex. Castillo Grand Hotel Condominium Residences Association, Inc. in Fort Lauderdale, FL, sought relief under Chapter 11 of the Bankruptcy Code filed its voluntary petition for Chapter 11 protection (Bankr. S.D. Fla. Case No. 25-23247) on Nov. 7, 2025, listing $500,000 to $1 million in assets and $1 million to $10 million in liabilities. Bruno R. Mazzotta signed the petition as president, signed the petition. TRIPP SCOTT, P.A. serve as the Debtor's legal counsel. CATHETER PRECISION: Inks Private Placement, FLYTE Acquisition Deal ------------------------------------------------------------------ Catheter Precision, Inc. disclosed in a regulatory filing that it entered into a securities purchase agreement with accredited investors for the issuance and sale in a private placement of an aggregate of 1,853 shares of the Company's Series C-1 Convertible Preferred Stock, with a par value of $0.0001 per share and a stated value of $1,000 per share, initially convertible into up to 1,295,805 shares of common stock, par value $0.0001 per share, at an initial conversion price of $1.43 per share for an aggregate purchase price of $1,853,000; provided that, following the Effective Date, the conversion price shall thereafter be reduced to equal the lower of: (i) the conversion price on the trading day immediately prior to the Effective Date, and (ii) 80% of the lower of: (i) the official closing price of the Company's Common Stock immediately prior to the applicable date of determination and (ii) the five-day volume-weighted average price of the Common Stock immediately prior to such applicable date of determination, on the Effective Date, and (B) following the Stockholder Approval Date, the conversion price shall thereafter be reduced to equal the lower of: (i) the conversion price on the trading day immediately prior to the Stockholder Approval Date, and (ii) 80% of the Applicable Price on the Stockholder Approval Date; subject to the Floor Price Condition, which may be waived in the Company's sole discretion. In addition, the Series C-1 Conversion Price is subject to customary adjustments for stock dividends, stock splits, reclassifications, stock combinations and the like (subject to certain exceptions). The shares of Series C-1 Preferred Stock will be convertible into shares of Common Stock beginning on the date of the receipt of stockholder approval of, under Section 713 of the NYSE American LLC Company Guide, the issuance of shares of Common Stock in excess of 19.99% of the Company's issued and outstanding shares of Common Stock at prices below the "Minimum Price" as of the date of the Financing Purchase Agreement pursuant to the terms of the Preferred Stock and the Series D Preferred Stock. Additionally, pursuant to the Financing Purchase Agreement, the Purchasers agreed to purchase: (i) 1,853 shares of the Company's newly-designated Series C-2 Convertible Preferred Stock, with a par value of $0.0001 per share and a stated value of $1,000 per share, for an aggregate purchase price of $1,853,000.00, and (ii) 1,853 shares of the Company's newly-designated Series C-3 Convertible Preferred Stock, with a par value of $0.0001 per share and a stated value of $1,000 per share, for an aggregate purchase price of $1,853,000.00. The shares of Series C-2 Preferred Stock and Series C-3 Preferred Stock will be convertible into shares of Common Stock. The closing of each of the Series C-2 Preferred Stock and Series C-3 Preferred Stock is subject to the satisfaction of customary closing conditions, including: (A) the approval of the Company's stockholders of the Issuance Approval, and (B) solely with respect to the Series C-3 Preferred Stock, the Registration Statement being declared effective by the Securities and Exchange Commission. The initial conversion price of the Series C-2 Preferred Stock will be equal to the lower of: (A) 80% of: (i) the Applicable Price on the closing date of the Series C-2 Preferred Stock (the "Second Closing Date"), (ii) the Applicable Price on the Stockholder Approval Date, and (iii) the Applicable Price on the Effective Date (if such date occurred prior to the Second Closing Date) and (B) lowest conversion price of outstanding shares of Preferred Stock (as defined herein); provided that, if the Effective Date has not occurred prior to the Second Closing Date, following the Effective Date, the conversion price will thereafter be reduced to equal the lower of: (i) the conversion price on the trading day immediately prior to the Effective Date, and (ii) 80% of the Applicable Price on the Effective Date; provided that, such Series C-2 Preferred Stock conversion price may not be less than $0.35; provided further that, the Company may waive, in its sole discretion, the Floor Price Condition. The conversion price of the Series C-3 Preferred Stock will be equal to the lower of: (A) 80% of: (i) the Applicable Price on the closing date of the Series C-3 Preferred Stock, (ii) the Applicable Price on the Stockholder Approval Date, and (iii) the Applicable Price on the Effective Date and (B) lowest conversion price of outstanding shares of Preferred Stock; provided that, such Series C-3 Preferred Stock conversion price may not be less than the Floor Price Condition; provided further that, the Company may waive, in its sole discretion, the Floor Price Condition. Additionally, pursuant to the Purchase Agreement, the Purchasers may elect in their sole discretion to purchase up to a total aggregate of $35,559,326 shares of newly-designated Series C-4 Convertible Preferred Stock, with a par value of $0.0001 per share and a stated value of $1,000 per share, in one or more closings. The conversion price of the Series C-4 Preferred Stock will be equal to the lower of: (A) 80% of: (i) the Applicable Price on the closing date of the Series C-4 Preferred Stock, (ii) the Applicable Price on the Stockholder Approval Date, and (iii) the Applicable Price on the Effective Date and (B) lowest conversion price of outstanding shares of the Initial Preferred Stock; provided that, such Series C-4 Preferred Stock conversion price may not be less than Floor Price Condition; provided further that, the Company may waive, in its sole discretion, the Floor Price Condition. The Private Placement Financing is exempt from the registration requirements of the Securities Act of 1933, as amended, pursuant to the exemption for transactions by an issuer not involving any public offering under Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D of the Securities Act and in reliance on similar exemptions under applicable state laws. Each of the Purchasers has represented to the Company that it is an accredited investor within the meaning of Rule 501(a) of Regulation D and that it is acquiring the applicable securities for investment only and not with a view towards, or for resale in connection with, the public sale or distribution thereof. The shares of Preferred Stock were offered and sold without any general solicitation by the Company or its representatives. The gross proceeds from the first closing of the Series C-1 Preferred Stock are expected to be $1,853,000.00, before estimated offering expenses payable by the Company. The Company intends to use the net proceeds received from the First Closing and any Additional Closing for: (i) general corporate purposes and working capital purposes, (ii) to restructure the Company's legacy catheter business, including a potential sale of various medical devices owned by the Company, (iii) to satisfy, settle, eliminate, or otherwise resolve legacy liabilities and obligations and to simplify the Company's capital structure, and (iv) to reduce operating expenses and cash burn and position of the Company as a streamlined public company with a clean and simplified balance sheet. In connection with the Private Placement Financing, pursuant to an engagement letter with Dawson James Securities, Inc. the Company engaged the Placement Agent to act as exclusive placement agent in connection with the Private Placement Financing, pursuant to which, the Company agreed to reimburse and pay certain expenses to the Placement Agent; provided that, such reimbursement and expenses will not be paid until such time that the Company has received $3,850,000.00 in gross proceeds from the Private Placement Financing. The Company has agreed to pay a 7.7% cash fee on all monies raised above $3,850,000; with no Placement Agent fee owed on the first $3,850,000.00 raised. The Financing Purchase Agreement contains customary representations, warranties and agreements by the Company, customary conditions to closing, indemnification obligations of the Company and the Purchasers, including for liabilities under the Securities Act and other obligations of the parties and termination provisions. Among other covenants, the Financing Purchase Agreement requires the Company to hold a meeting of its stockholders at the earliest practical date, but in no event, no later than April 10, 2026, which is 60 days following the First Closing Date (as defined in that certain Securities Purchase Agreement, dated as of February 6, 2026, by and among the Company and the purchasers signatory thereto), for the purpose of obtaining the Stockholder Approval. If the Company does not obtain the Stockholder Approval at the first meeting, the Company is required call a meeting every 90 days thereafter to seek such Stockholder Approval until the earlier of the date Stockholder Approval is obtained or the shares of Preferred Stock are no longer outstanding. Holders of the Preferred Stock and Series D Preferred Stock will be entitled to receive dividends when and as declared by the board of directors of the Company (the "Board"), from time to time, in its sole discretion, which dividends will be paid by the Company out of funds legally available therefor, payable, subject to the conditions and other terms of the Series C-1 Certificate of Designations and Certificate of Designations, as applicable, in cash, in securities of the Company or using assets as determined by the Board on the stated value of such Preferred Stock. Except as otherwise provided in the Series C-1 Certificate of Designations and the Certificate of Designations, as applicable, or as otherwise required by law, the Preferred Stock and Series D Preferred Stock have, or will have, no voting rights. However, as long as any shares of the applicable Preferred Stock or Series D Preferred Stock are outstanding, the Company will not, without the affirmative vote of the Holders of a majority of the then outstanding shares of such applicable preferred stock: (a) alter or change adversely the powers, preferences or rights given to such preferred stock or alter or amend the applicable certificate of designations related to such applicable preferred stock, (b) amend its certificate of incorporation or other charter documents in any manner that adversely affects any rights of the holders of such applicable preferred stock, (c) increase the number of authorized shares of such applicable preferred stock, or (d) enter into any agreement with respect to any of the foregoing. There is no established public trading market for the Preferred Stock or Series D Preferred Stock and the Company does not intend to list any of the Preferred Stock or Series D Preferred Stock on any national securities exchange or nationally recognized trading system. FLYTE Acquisition In connection with the Private Placement Financing and on March 9, 2026, the Company entered into a Stock Purchase Agreement with Creatd, Inc., a Nevada corporation, pursuant to which the Company agreed to acquire from Creatd: (i) 800,200 shares of the issued and outstanding common stock, par value $0.001 per share, of Fly Flyte, Inc., representing 80.02% of the issued and outstanding FLYTE Common Stock, and (ii) 100% of the membership interests of Ponderosa Air, LLC. Upon consummation of the Acquisition, the Company will own 100% of the issued and outstanding FLYTE Common Stock and 100% of the Membership Interests of Ponderosa. In consideration for Creatd agreeing to sell in a private placement the Shares, the Company agreed to pay consideration equal to $11,554,827, payable as follows: (A) cash consideration equal to $5,776,827 consisting of: (i) $776,827 due at the closing, and (ii) $5,000,000 in principal amount of a promissory note, and (B) 5,778 shares of the Company's preferred stock, expected to be designated as Series D Convertible Preferred Stock, with a par value of $0.0001 per share and a stated value of $1,000 per share, equal to a Stated Value of $5,778,000. The closing of the purchase and sale of the Shares, the payment of the Consideration and the issuance of the Series D Preferred Stock is subject to a number of closing conditions as further described in the Acquisition Purchase Agreement. The Note The Note bears an interest rate of 0% per annum and is payable in installments until December 15, 2026. If any payment is not made within three business days following the applicable Installment Date, interest will accrue at a rate equal to 4% per annum. Upon the occurrence and continuation of an event of default, the holder may declare the entire unpaid principal balance, together with all accrued interest, penalties and late fees, immediately due and payable, and the outstanding principal balance will bear default interest at 18% per annum. The Series D Preferred Stock The issuance of the shares of Series D Preferred Stock is subject to the receipt of stockholder approval of, under Section 713, the issuance of shares of Common Stock in excess of 19.99% of the Company's issued and outstanding shares of Common Stock at prices below the "Minimum Price" (as defined in Section 713) as of the date of the Acquisition Purchase Agreement pursuant to the terms of the Series D Preferred Stock. Upon issuance, the Series D Preferred Stock will be convertible at price equal to the Applicable Price immediately prior to the Series D Closing Date; provided that, following the Effective Date, the conversion price shall thereafter be reduced to equal the lower of: (i) the conversion price on the trading day immediately prior to the Effective Date, and (ii) the Applicable Price on the Effective Date; subject to the Floor Price Condition, which may be waived in the Company's sole discretion. The Acquisition Purchase Agreement contains customary representations, warranties and agreements by the Company, customary conditions to closing, indemnification obligations of the Company, including for liabilities under the Securities Act and other obligations of the parties and termination provisions. Registration Rights Agreement In connection with the Private Placement Financing and the Acquisition, the Company entered into a registration rights agreement, dated as of March 9, 2026, with the Purchasers and Creatd, pursuant to which the Company agreed to prepare and file a registration statement with the SEC registering the resale of the Common Stock underlying the Initial Preferred Stock no later than 30 days following the First Closing Date, and to use best efforts to have the registration statement declared effective as promptly as practical thereafter, and in any event no later than 60 days following the First Closing Date (or 120 days following the date of the Registration Rights Agreement in the event of a "full review" by the SEC). In addition, pursuant to the Registration Rights Agreement, the Company agreed to prepare and file an additional registration statement with the SEC registering the resale of the Common Stock underlying the Series C-4 Preferred Stock no later than 30 days following the closing date of the Series C-4 Preferred Stock, and to use best efforts to have the registration statement declared effective as promptly as practical thereafter, and in any event no later than 60 days following the Series C-4 Closing Date (or 120 days following the date of the Registration Rights Agreement in the event of a "full review" by the SEC). The full text of the Certificate of Designations, the Financing Purchase Agreement, the Acquisition Purchase Agreement and the Registration Rights Agreement, are available at https://tinyurl.com/3a5e9uz7, https://tinyurl.com/4p4985rv, https://tinyurl.com/ah2hnz8d and https://tinyurl.com/3aca53jw, respectively. About Catheter Precision Inc. Headquartered in the U.S., Catheter Precision, Inc. is a medical device company focused on improving the treatment of cardiac arrhythmias. The Company, which was reincorporated as Ra Medical Systems, Inc. in Delaware in 2018 and changed its name to Catheter Precision, Inc. on August 17, 2023, develops technology for electrophysiology procedures through collaborations with physicians and continuous product advancements. East Brunswick, New Jersey-based WithumSmith+Brown, PC., the Company's auditor since 2023, issued a "going concern" qualification in its report dated March 28, 2025, attached to the Company's Annual Report on Form 10-K for the year ended Dec. 31, 2024, citing that the Company has incurred recurring losses from operations and negative cash flows from operations and expects to continue to incur operating losses that raise substantial doubt about its ability to continue as a going concern. As of September 30, 2025, the Company had $25.5 million in total assets, $19 million in total liabilities, and a total stockholders' equity of $6.4 million. CATHOLIC DIOCESE OF EL PASO: Has Deal on Cash Collateral Access --------------------------------------------------------------- The Catholic Diocese of El Paso got the green light from the U.S. Bankruptcy Court for the Western District of Texas, El Paso Division, to use cash collateral. At the recently held hearing, the court authorized the Debtor's interim use of cash collateral in accordance with its agreement with WestStar Bank. The Debtor intends to use cash collateral from a designated Money Market account to pay its ordinary operating expenses and to make monthly interest-only payments on its secured loan to WestStar. Cash collateral includes all funds in the Pledged Account, plus interest, dividends, and other proceeds. Adequate protection for WestStar is provided through post-petition liens on the same types of property and collateral priority as pre-petition, ongoing interest payments, and continued financial reporting. The use of cash collateral is subject to a three-month budget with specified variances, ensuring funds are applied only to essential operations and loan obligations. It is critical to preserving the value of the estate, maintaining operations, and supporting reorganization efforts, while ensuring WestStar's interests are fully protected. About Roman Catholic Diocese of El Paso, Texas Roman Catholic Diocese of El Paso, Texas oversees parishes and Catholic institutions in the El Paso region. Roman Catholic Diocese of El Paso, Texas sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 26-30311) on March 6, 2026. In its petition, the Debtor reports estimated assets between $10 million and $50 million and estimated liabilities between $1 million and $10 million. Honorable Bankruptcy Judge Christopher G. Bradley handles the case. The Debtor is represented by Lynn Hamilton Butler, Esq. of Husch Blackwell LLP. CERA TILE: Seeks to Hire Michael D. Pinsky as Bankruptcy Counsel ---------------------------------------------------------------- Cera Tile, Inc. seeks approval from the U.S. Bankruptcy Court for the Southern District of New York to employ Law Office of Michael D. Pinsky, P.C. to handle its Chapter 11 case. Michael D. Pinsky, Esq. 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 at: Michael D. Pinsky, Esq. Law Office of Michael D. Pinsky, P.C. 463 Canopy Forest Drive Sait Augustine, FL 32092 Telephone: (845) 467-1602 Facsimile: (845) 684-0547 Email: michael.d.pinsky@gmail.com About Cera Tile Inc. Cera Tile Inc. is a privately owned wholesale tile distribution company headquartered in Middletown, New York. The firm sources and distributes ceramic, porcelain, and design-oriented tile products through partnerships with international manufacturers, supplying a range of contemporary flooring and wall tiles to retail partners across the residential and commercial building sectors. Cera Tile operates from a substantial distribution center and focuses on timely fulfillment and trend-driven product offerings for its wholesale customer base. Cera Tile sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 26-35243) on March 8, 2026. In its petition signed by Steven Wecera, president, the Debtor disclosed up to $50,000 in assets and up to $50 million in liabilities. Judge Kyu Young Paek handles the case. The Law Office of Michael D. Pinsky, PC serves as the Debtor's counsel. CHICO'S INVESTMENTS: Hires Totaro & Shanahan as General Counsel --------------------------------------------------------------- Chico's Investments, LLC seeks approval from the U.S. Bankruptcy Court for the Central District of California to employ Totaro & Shanahan, LLP as general insolvency counsel. The firm's services include: (a) counsel the Debtor through meetings and phone calls, discussions concerning the requirements of the Bankruptcy Code, the Federal Rules of Bankruptcy Procedure, the Local Bankruptcy Rules, and the United States Trustee Guidelines; (b) document preparation or amendments concerning the petition and schedules, status reports, review and consultation concerning monthly operating reports, and personal attendance at all hearings; (c) consult with the Debtor's representative concerning documents needed and reports to be prepared and consultation with real estate counsel re title and other issues; (d) assist the Debtor in preparation of documents for compliance with the requirements of the Office of the United States Trustee; (e) negotiate with secured and unsecured creditors regarding the amount and payment of their claims; (f) discuss with the Debtor's representative concerning the Disclosure Statement and plan of reorganization; (g) prepare the Disclosure Statement and Chapter 11 Plan of Reorganization and any amendments/changes to the same unless filed as a Sub-V case which does not require a disclosure statement; (h) submit ballots to creditors, tally ballots and submit to the Court; (i) response to any objections to disclosure statement and/or plan; (j) negotiate with creditors as to values, etc. and the plan of reorganization; and (k) response to any motions for relief from stay, motions to dismiss or any other motions or contested matters. In cases involving litigation, if ligation counsel is employed the firm will assist in the following matters and consult with litigation counsel where necessary. In cases where no litigation counsel is employed, the firm will undertake the following matters: (a) preparation, submission and prosecution of any adversary proceedings that may be necessary to the case; (b) review of proofs of claims and if necessary, preparation of formal objections with respect to claims asserted; (c) opposition to any motion sought by trustee, court and/or creditors; and (d) any other adversary matter that arises during the administration of this Chapter 11 case that may lead to an evidentiary hearing. The firm will be billed at these hourly rates: Attorneys $650 Paralegals $150 The firm received a filing fee of $1,738 from the Debtor. Michael Totaro, Esq., an attorney at Totaro & Shanahan, 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 R. Totaro, Esq. Totaro & Shanahan, LLP P.O. Box 789 Pacific Palisades, CA 90272 Telephone: (310) 804-2157 About Chico's Investments LLC Chico's Investments, LLC is a California-based investment company engaged in managing and acquiring diversified assets across multiple sectors. Chico's Investments, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 26-11202) on February 10, 2026. In its petition, the Debtor reports estimated assets of $1 million to $10 million and estimated liabilities of $100,001 to $1 million. Honorable Bankruptcy Judge Neil W. Bason handles the case. The Debtor is represented by Michael R. Totaro, Esq., at Totaro & Shanahan, LLP. CHILDREN'S HEALTH: Voluntary Chapter 11 Case Summary ---------------------------------------------------- Debtor: Children's Health Center of Columbus, Inc. d/b/a Thrive 114 N Lehmberg Road Columbus, MS 39702 Business Description: Children's Health Center of Columbus, Inc., founded in 1984 in Columbus, Mississippi, provides comprehensive pediatric care for infants, children, and adolescents. Doing business as Thrive, the practice offers preventive wellness exams, immunizations, lab diagnostics, digital X-rays, and specialized clinics for ADHD, obesity, asthma, and allergies, alongside emergency procedures and durable medical equipment support. Combining in-person care with telemedicine services, the center focuses on personalized, family-oriented healthcare that meets both routine and complex pediatric needs. Chapter 11 Petition Date: March 2, 2026 Court: United States Bankruptcy Court Northern District of Mississippi Case No.: 26-10693 Debtor's Counsel: Craig M. Geno, Esq. LAW OFFICES OF GENO AND STEISKAL, PLLC 601 Rennaisance Way Suite A Ridgeland, MS 39157 Tel: 601-427-0048 Fax: 601-427-0050 E-mail: cmgeno@cmgenolaw.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Sabrina McDow as CEO and owner. The petition was filed without the Debtor's list of its 20 largest unsecured creditors. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/T6LER6I/Childrens_Health_Center_of_Columbus__msnbke-26-10693__0001.0.pdf?mcid=tGE4TAMA CITY TOWERS: Section 341(a) Meeting of Creditors on April 15 ------------------------------------------------------------ On March 10, 2026, City Towers Ltd. filed for Chapter 11 protection in the Southern District of New York Bankruptcy Court. According to court filings, the Debtor reports between $1 million and $10 million in debt owed to 1–49 creditors. A meeting of creditors under Section 341(a) to be held on April 15, 2026 at 01:30 PM at Zoom.us - USTrustee 7: Meeting ID 161 1242 4438, Passcode 8901234678, Phone 1 (202) 793-2740. About City Towers Ltd. City Towers Ltd. is a single asset real estate company. City Towers Ltd. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 26-10504) on March 10, 2026. In its petition, the Debtor reports estimated assets in the range of $1 million to $10 million and estimated liabilities in the range of $1 million to $10 million. Honorable Bankruptcy Judge David S. Jones handles the case. The Debtor is represented by Charles Wertman, Esq. CLEAN ENERGY: Issues $1.32M Convertible Notes to Mega, Noblebear ---------------------------------------------------------------- Clean Energy Technologies, Inc. disclosed in a regulatory filing that in consideration of: (i) $604,469 in funding previously advanced to the Company by Mega Sincere Holdings Limited, a company organized under the laws of the British Virgin Islands, and its affiliates, and (ii) $600,000 in funding previously advanced to the Company by Noblebear Investment Holdings LLC, a company organized under the laws of the California and controlled by a Company shareholder and related party, the Company entered into securities purchase agreements with Mega and Noblebear and issued Mega and Noblebear convertible promissory notes in the principal amounts of $664,916 and $660,000, respectively. The Mega and Noblebear SPA's include customary representations, warranties and covenants by the Company. Each of the Mega and Noblebear Notes accrues interest at 10% per annum, and is convertible into shares of the Company's common stock at the election of the holder at a conversion price equal to $0.646 (subject to adjustment if the Company issues shares at a lower price), provided, however, that a holder may not convert either of the Mega and Noblebear Notes: (i) to the extent that such conversion would result in the holder's beneficial ownership of the Company's common stock being in excess of 9.99% of the Company's issued and outstanding common stock, or (ii) if conversion would result in more than 1,216,600 or 19.99% of the shares of Company common stock being issued per Rule 5635(d) when the shareholder approval required by Nasdaq Rule 5635(d) has not been obtained. Additionally, the holders of each of the Mega and Noblebear Notes are entitled to deduct $1,750 from the conversion amount in each note conversion to cover the holder's fees associated with the conversion. About Clean Energy Headquartered in Irvine, California, Clean Energy Technologies, Inc. -- http://www.cetyinc.com-- develops renewable energy products and solutions and establishes partnerships in renewable energy that make environmental and economic sense. The Company's mission is to be a segment leader in the Zero Emission Revolution by offering eco-friendly energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects in North America, Europe, and Asia. The Company targets sustainable energy solutions that are profitable for it, profitable for its customers, and represent the future of global energy production. Diamond Bar, California-based TAAD, LLP, the Company's auditor since 2023, issued a "going concern" qualification in its report dated April 14, 2025, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2024, citing that the Company has an accumulated deficit and negative cash flows from operations. These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern. As of September 30, 2025, the Company had $14,798,895 in total assets, $7,703,762 in total liabilities, and $7,095,133 in total stockholders' equity. CLEAN ENERGY: Issues $147,840 Convertible Note to 1800 Diagonal --------------------------------------------------------------- Clean Energy Technologies, Inc. disclosed in a regulatory filing that it entered into a securities purchase agreement with 1800 Diagonal Lending LLC, a Virginia limited liability company, pursuant to which the Company sold, and 1800 Diagonal purchased, a convertible promissory note in the principal amount of $147,840 for a purchase price of $132,000. The Transaction was funded by 1800 Diagonal and closed on March 4, 2026, and pursuant to the 1800 SPA, 1800 Diagonal's legal expenses of $2,500 were paid from the gross purchase price, $4,500 was retained by 1800 Diagonal as a due diligence fee, the Company received net funding of $125,000, and the 1800 Note was issued to 1800 Diagonal. The 1800 SPA includes customary representations, warranties and covenants by the Company and customary closing conditions. The 1800 SPA requires that the proceeds from the Transaction be used for general working capital purposes. The 1800 Note matures on December 15, 2026, accrues a one-time interest charge of 12% on the issuance date, shall be paid in 9 monthly payments in the amount of $18,397.78 beginning on April 15, 2026, and continuing on the 15th of each month thereafter, and is convertible following default into shares of the Company's common stock at the election of the holder at a conversion price equal to 85% of the lowest closing bid price during the 10 trading days prior to the conversion date; provided, however, that the holder may not convert the 1800 Note: (i) to the extent that such conversion would result in the holder's beneficial ownership of the Company's common stock being in excess of 4.99% of the Company's issued and outstanding common stock, or (ii) if conversion would result in more than 19.99% of the shares of Company common stock being issued after any required aggregation per Rule 5635(d) when the shareholder approval required by Nasdaq Rule 5635(d) has not been obtained. Additionally, the holder of the 1800 Note is entitled to deduct $1,500 from the conversion amount in each note conversion to cover the holder's fees associated with the conversion. About Clean Energy Headquartered in Irvine, California, Clean Energy Technologies, Inc. -- http://www.cetyinc.com-- develops renewable energy products and solutions and establishes partnerships in renewable energy that make environmental and economic sense. The Company's mission is to be a segment leader in the Zero Emission Revolution by offering eco-friendly energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects in North America, Europe, and Asia. The Company targets sustainable energy solutions that are profitable for it, profitable for its customers, and represent the future of global energy production. Diamond Bar, California-based TAAD, LLP, the Company's auditor since 2023, issued a "going concern" qualification in its report dated April 14, 2025, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2024, citing that the Company has an accumulated deficit and negative cash flows from operations. These factors, among others, raise substantial doubt about the Company's ability to continue as a going concern. As of September 30, 2025, the Company had $14,798,895 in total assets, $7,703,762 in total liabilities, and $7,095,133 in total stockholders' equity. CLEANSTEAM INC: Gets Interim OK to Use Cash Collateral ------------------------------------------------------ Cleansteam, Inc. received interim approval from the U.S. Bankruptcy Court for the Central District of California, Los Angeles Division, to use cash collateral. The court authorized the Debtor to use cash collateral through April 10 in accordance with its operating budget to meet basic operational needs, including payroll, rent, utilities, materials, and maintenance. As protection, the court authorized the Debtor to make monthly payments of $679.69 to the U.S. Small Business Administration. In addition, the SBA will receive a replacement lien on all post-petition revenues of the Debtor, with the same priority, validity and extent as its pre-bankruptcy lien. The replacement lien does not include any liens or claims for relief arising under the Bankruptcy Code, including without limitation, sections 506(c), 544, 545, 547, 548, and 549 of the Bankruptcy Code. The order is available at https://is.gd/7z6Ymo from PacerMonitor.com. The final hearing is set for April 7. The Debtor, originally incorporated in 2006, aims to restructure its primary debt, a $769,405 SBA loan, which was significantly increased during the COVID-19 pandemic to offset revenue losses. The SBA holds a blanket security interest in all of the Debtor's personal property. However, a significant valuation gap exists between the debt and the underlying assets. Total Debt to SBA is approximately $769,405 and estimated value of collateral is approximately $108,750. The SBA is considered significantly undersecured, as the total value of business assets is insufficient to cover the outstanding loan balance. The Debtor's primary goal is to rehabilitate the business by restructuring pandemic-era debt that no longer aligns with current revenue levels. By maintaining operations, the Debtor intends to preserve its customer base and equipment value, which would plummet in a forced liquidation. About Cleansteam Inc. Cleansteam, Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 2:26-bk-11973-VZ) on March 6, 2026. In the petition signed by Mohammad Monirul Islam, managing member, the Debtor disclosed up to $500,000 in assets and up to $1 million in liabilities. Judge Vincent P. Zurzolo oversees the case. Kevin Tang, Esq., at Tang & Associates, represents the Debtor as legal counsel. COKER: Barings Corporate Marks $2.6M Loan at 19% Off ---------------------------------------------------- Barings Corporate Investors has marked its $2,640,906 loan extended to Coker to market at $2,133,530 or 81% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a Senior Term loan extended to Coker. The loan accrues interest at a rate of 8.17% (SOFR + 4.500%) per annum. The loan matures on March 20, 2030. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Coker Coker is a provider of consulting advisory services to healthcare organizations aimed at enabling client transformation. CONSTRUCT GROUP: Daniel Etlinger Named Subchapter V Trustee ----------------------------------------------------------- The Acting U.S. Trustee for Region 21 appointed Daniel Etlinger of Underwood Murray, P.A. as Subchapter V trustee for Construct Group S.E. Inc. Mr. Etlinger 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. Etlinger declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Daniel E. Etlinger Underwood Murray, P.A. 100 N. Tampa Street, Suite 2325 Tampa Florida 33602 (813) 540-8401 Email: detlinger@underwoodmurray.com About Construct Group S.E. Inc. Construct Group S.E. Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Fla. Case No. 26-40125) on March 4, 2026, with $100,001 to $500,000 in both assets and liabilities. Judge Karen K. Specie oversees the case. Robert C. Bruner, Esq., at Bruner Wright, P.A. represents the Debtor as legal counsel. COVINA CORRAL: Seeks to Hire Robert S. Altagen as Legal Counsel --------------------------------------------------------------- Covina Corral Inc. seeks approval from the U.S. Bankruptcy Court for the Central District of California to employ the Law Offices of Robert S. Altagen, Inc. as counsel. The firm will provide these services: (a) advise the Debtor with respect to its powers and duties in the continued operation of its business and management of its property; (b) consult the Detor, the United States Trustee and other parties-in-interest in the administration of the case; (c) investigate the acts, conduct, liabilities, assets and any other matter relevant to the case; (d) prepare on behalf of the Debtor all necessary legal papers; (e) prepare the Debtor's formulation of a Plan of Reorganization and any amendments thereto, if required, and to collect and file with the Court acceptances and/or rejection of said Plan(s); (f) provide general legal representation of the Debtor in all aspects relating to its bankruptcy proceeding; and (g) perform such other services as are appropriate regarding attorney's capacity as counsel in this case. Robert Altagen, Esq., the primary attorney in this representation, will be paid at an hourly rate of $600, plus reimbursement. The firm received an initial retainer of $10,000 from the Debtor. Mr. Atlagen 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: Robert S. Atlagen, Esq. Law Offices of Robert S. Altagen, Inc. 1111 Corporate Center Dr., Suite 201 Monterey Park, CA 91754 Telephone: (323) 268-9588 Facsimile: (323) 268-8742 Email: robertaltagen@altagenlaw.com About Covina Corral Inc. Covina Corral Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 26-11709) on February 24, 2026, listing under $1 million in both assets and liabilities. Judge Deborah J. Saltzman oversees the case. The Law Offices of Robert S. Altagen, Inc. serves as the Debtor's counsel. CV SCIENCES: Amends $2.26M Notes With Conversion and True-Up ------------------------------------------------------------ CV Sciences, Inc. disclosed in a regulatory filing that the Company and an institutional investor entered into an Agreement to, among other things, amend and restate the Amended Original Note and the Second Note. As previously disclosed, on February 12, 2025, the Company entered into a note purchase agreement with the Investor, pursuant to which the Company issued and sold to the Investor a secured promissory note in the original principal amount of $1,600,000. The Original Purchase Agreement and Original Note was amended on September 12, 2025. Also as previously disclosed, on October 6, 2025, the Company entered into a note purchase agreement with the Investor, pursuant to which the Company issued and sold to the Investor a second secured promissory note in the original principal amount of $600,000. The principal terms of the Agreement and the Amended Notes are as follows: * Conversion Feature. The Amended Notes were amended to add a conversion feature permitting the Investor, at its option, to convert the outstanding principal amount of the Amended Notes into shares of common stock of the Company, par value $0.0001 per share at a fixed conversion price of $0.06 per share. The Amended Notes are initially convertible into 37,600,000 shares of Common Stock, subject to increase through the true-up mechanism disclosed below. The Amended Notes are subject to a beneficial ownership limitation of 4.99% of the outstanding shares of Common Stock. The beneficial ownership limitation prevents the Investor from converting any portion of the Amended Notes if, after giving effect to such conversion, the Investor would beneficially own more than 4.99% of the outstanding shares of Common Stock. The Investor may increase the beneficial ownership limitation up to 9.99% upon at least 61 days' prior notice to the Company. * Elimination of Monthly Redemption. The Company's obligation to redeem a portion of the Notes on a monthly basis prior to maturity has been eliminated in the Amended Notes. * Principal Amounts. The outstanding principal amounts of the Amended Notes were increased by 20% under the terms of the Notes. After such adjustment, the Amended Notes have an aggregate outstanding principal amount of $2,256,000. * True-Up Provision. The Amended Notes include a true-up provision designed to ensure that the net proceeds received by the Investor upon conversion and sale of the conversion shares equals the principal amount of the Amended Notes being converted. If, after the sale of the conversion shares received upon a conversion, the Investor receives net proceeds (net of brokerage, legal opinion fees, and transfer agent fees) of less than 100% of the principal amount of the Amended Notes converted, and the aggregate shortfall under both Amended Notes exceeds $94,000, the Company will issue a new senior secured convertible note on substantially the same terms and conditions of the Amended Notes (the "Third Note") with a principal amount equal to the aggregate shortfall in excess of $94,000. If issued, the Third Note will be due April 6, 2027. There is no stated maximum number of shares of Common Stock that may be issuable in respect of conversions pursuant to the Third Note. * Documentation Fee. In connection with the Agreement, the Company paid $15,000 to the Investor to cover documentation fees. The full text copies of the Amended Notes and the Agreement are available at https://tinyurl.com/3znrmcye, https://tinyurl.com/mtz876wv, https://tinyurl.com/yudwbewd, https://tinyurl.com/hm8exte6 About CV Sciences CV Sciences Inc., based in San Diego, California, develops and sells hemp extract and other natural ingredient products through business-to-business and direct-to-consumer channels in the United States. The Company markets its products under the +PlusCBD brand, which is distributed at retail locations nationwide. CV Sciences manufactures and tests its products in line with regulatory and internal standards, and its +PlusCBD brand has obtained self-affirmed GRAS status. In its audit report dated March 27, 2025, Haskell & White LLP included a "going concern" qualification citing that the Company has experienced recurring operating losses, negative cash flows from operations, and has limited liquid resources. These matters raise substantial doubt about the Company's ability to continue as a going concern. CV Sciences reported total assets of $7.95 million, total liabilities of $6.15 million, and total stockholders' equity of $1.80 million as of June 30, 2025. DARE BIOSCIENCE: Completes Second Closing of Regulation A Offering ------------------------------------------------------------------ Dare Bioscience, Inc. disclosed in a regulatory filing that it completed the second closing of its previously announced Regulation A offering of up to 4,854,000 units, each consisting of one share of Series A Convertible Preferred Stock and two warrants, each to purchase one share of its common stock, with each Investor Unit being offered at an offering price of $5.00. In connection therewith, Dare issued an aggregate of 17,500 Investor Units consisting of 17,500 shares of Series A Preferred Stock and Investor Warrants to purchase up to 35,000 shares of its common stock. The offering of the Investor Units is being conducted pursuant to the Company's offering statement on Form 1-A (File No. 024-12688), as amended, which was qualified by the U.S. Securities and Exchange Commission on January 5, 2026, and the offering circular, dated January 6, 2026, which forms a part thereof. About Dare Bioscience Dare Bioscience, Inc. is a biopharmaceutical company committed to advancing innovative products for women's health. The Company's mission is to identify, develop, and bring to market a diverse portfolio of differentiated therapies that prioritize women's health and well-being, expand treatment options, and improve outcomes, primarily in the areas of contraception, vaginal health, reproductive health, menopause, sexual health, and fertility. Irvine, California-based Haskell & White LLP, the Company's auditor since 2023, issued a "going concern" qualification in its report dated March 31, 2025, attached to the Company's Annual Report on Form 10-K for the year ended Dec. 31, 2024, citing that the Company has recurring losses from operations and is dependent on additional financing to fund operations. These conditions raise substantial doubt about the Company's ability to continue as a going concern. As of September 30, 2025, the Company had $30.7 million in total assets, $27.9 million in total liabilities, and $2.8 million in total stockholders' equity. DBDR SERVICES: Seeks Chapter 7 Bankruptcy in Pennsylvania --------------------------------------------------------- On March 10, 2026, DBDR Services Inc. filed for Chapter 7 protection in the Western District of Pennsylvania Bankruptcy Court. According to court filings, the Debtor reports between $0 and $100,000 in debt owed to 1–49 creditors. About DBDR Services Inc. DBDR Services Inc. is a service-oriented company that provides general business support and operational services, potentially including administrative, maintenance, or contract-based solutions depending on client needs. Dbdr Services Inc. sought relief under Chapter 7 of the U.S. Bankruptcy Code (Bankr. W.D. Pa. Case No. 26-20662) on March 10, 2026. In its petition, the Debtor reports estimated assets and estimated liabilities each ranging from $0 to $100,000. Honorable Bankruptcy Judge John C. Melaragno handles the case. The Debtor is represented by Kenneth Steidl, Esq. of Steidl & Steinberg. DCA OUTDOOR: Court OKs Nursery Inventory Sale to Blue Grass Farms ----------------------------------------------------------------- The U.S. Bankruptcy Court for the Western District of Missouri has granted DCA Outdoor Inc. and its affiliates, to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtors consist of 20 different entities that together form a so-called "vertically integrated" nursery operation. The Debtors are generally classified into one of five categories based upon such Debtor's primary function. These five categories include the following: a. Management - DCA Outdoor, Inc. (the lead Debtor); b. Land: i. Colonial Gardens Development, LLC; ii. DCA Land Holding Company, LLC; iii. DCA Land Illinois, LLC; iv. DCA Land Indiana, LLC; v. DCA Land Kansas, LLC; vi. DCA Land Kentucky, LLC vii. DCA Land Missouri, LLC; and viii. DCA Land Oregon, LLC c. Production: i. Anna Evergreen, LLC; ii. Schwope Brothers Tree Farms, LLC; iii. Schwope Brothers West Coast, LLC; iv. Utopian Plants Indiana, LLC; and v. Utopian Trees, Inc.; d. Distribution: i. Brehob Nurseries, LLC; ii. KAT Nurseries, LLC; iii. PlantRight Supply, LLC; and iv. Utopian Transport, LLC; and e. Retail: i. Colonial Farms, LLC; and ii. Colonial Gardens, LLC. The Debtors wish to sell the inventory of plants, plant products, tools and supplies, goods, and facilities owned by Utopian Trees, Inc., doing business as KAT Nurseries, located at the property leased from F&M Properties, LLC, commonly known as 30500 West 135th Street, Olathe, Kansas. The Court has authorized the Debtor to sell the Property to Blue Grass Farms, Inc. for the sum of $136,500.00. The sale of the Assets shall be free and clear of any and all mortgages, liens, pledges, hypothecations, security interests, charges, encumbrances, claims, and interests. It is determined that the purchasers are good faith purchasers of the Assets and are entitled to the protections. About DCA Outdoor Inc. Established in 2016, DCA Outdoor Inc. is a vertically integrated green industry organization headquartered in Kansas City, Missouri. DCA Outdoor connects various sectors -- including agricultural production, landscape distribution, retail, agritourism, and transportation -- through its family of brands. The DCA Outdoor family comprises several brands including Schwope Brothers Tree Farms, Utopian Plants, RIO, Anna Evergreen, Brehob Nurseries, KAT Landscape, Colonial Gardens, PlantRight, PlantRight Supply, and Utopian Transport. DCA Outdoor sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Miss. Case No. 25-50053) on February 20, 2025. In its petition, the Debtor reported up to $50,000 in assets and between $50 million and $100 million in liabilities. Honorable Bankruptcy Judge Cynthia A. Norton handles the case. The Debtor tapped Larry E. Parres, Esq., at Lewis Rice, LLC as legal counsel and Creative Planning, LLC and its affiliate BerganKDV as audit and tax professionals. Summit Investment Management LLC, as DIP lender, can be reached through Patrick Gilbert. DECKS DIRECT: Barings CI Marks $2.7M Loan at 40% Off ---------------------------------------------------- Barings Corporate Investors has marked its $2,775,800 loan extended to Decks Direct to market at $1,653,547 or 60% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission on March 9, 2026. Barings Corporate Investors is a participant in a term loan extended to Decks Direct. The Loan accrues interest at a rate of 10.44% (0.25% PIK) (SOFR + 6.500%) per annum. The Loan matures on Dec. 28, 2028. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Decks Direct Decks Direct is an e-commerce direct-to-consumer seller of specialty residential decking products in the United States. DECKS DIRECT: Barings CI Marks $216,066 Loan at 34% Off ------------------------------------------------------- Barings Corporate Investors has marked its $216,066 loan extended to Decks Direct to market at $143,252 or 66% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission on March 9, 2026. Barings Corporate Investors is a participant in an Incremental term loan extended to Decks Direct. The Loan accrues interest at a rate of 10.44% (0.25% PIK) (SOFR + 6.500%) per annum. The Loan matures on Dec. 28, 2028. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Decks Direct Decks Direct is an e-commerce direct-to-consumer seller of specialty residential decking products in the United States. DIAMOND COMIC: Bankruptcy Court Rejects Trustee Contract Motion --------------------------------------------------------------- Rich Johnston of Bleedingcool.com reports that the Chapter 7 trustee for Diamond Comic Distributors Inc. asked a Maryland bankruptcy court to extend a deadline tied to the company's distribution contracts with comic publishers, but the request was denied. Trustee Morgan W. Fisher filed emergency motions seeking more time to decide whether to assume or reject the agreements, which relate to approximately $47 million in consigned comic books and merchandise. Those goods remain in warehouses despite being owned by publishers, and some inventory was mistakenly sold by Sparkle Pop, which purchased Diamond's distribution business and now operates it as Diamond II. The trustee argued that extending the deadline would preserve the current situation while courts resolve disputes over ownership and contract obligations, the report cites. Publisher groups strongly opposed the motion, claiming the trustee’s strategy would prolong litigation and delay the return of their inventory. They argued that if the distribution agreements are rejected, the contracts should be considered terminated, allowing publishers to reclaim their products immediately, according to report. After reviewing the arguments, Bankruptcy Judge David E. Rice denied the request, finding that the motion to extend the deadline had been filed too late. As a result, the 60-day period required under bankruptcy law has expired, potentially giving consignors grounds to pursue recovery of their stored inventory, bleedingcool.com reports. About Diamond Comic Distributors Founded in 1982, Diamond Comic Distributors Inc. offers a multi-channel platform of publishing, marketing and fulfillment services, coupled with an unparalleled global distribution Network for its retailers, publishers and vendors. Diamond Comic Distributors and its affiliates filed Chapter 11 petitions (Bankr. D. Md. Case No. 25-10308) on Jan. 14, 2025. At the time of the filing, Diamond Comic Distributors reported between $50 million and $100 million in both assets and liabilities. Judge David E. Rice handles the case. The Debtors tapped Saul Ewing, LLP as legal counsel; Getzler Henrich & Associates, LLC as financial advisor; Raymond James & Associates, Inc., as investment banker; and Stephenson Harwood, LLP as U.K. counsel. Omni Agent Solutions is the Debtors' claims and noticing agent and administrative agent. DIOCESE OF BUFFALO: Wants 'Opt-Out' Liability Ruling Reversed ------------------------------------------------------------- James Nani of Bloomberg Law reports that the Diocese of Buffalo and a committee representing abuse claimants have asked a bankruptcy judge to revisit a decision preventing the inclusion of nonconsensual third-party releases in the diocese's Chapter 11 plan. The court had previously ruled that creditors cannot be forced to waive claims against church affiliates without clear consent. In filings dated March 13, 2026, the parties argued that requiring affirmative opt-in consent is unworkable and risks derailing a carefully negotiated settlement. They told the U.S. Bankruptcy Court for the Western District of New York that such a requirement could significantly reduce participation and complicate the voting process. The proposed settlement is intended to resolve long-standing abuse claims and allow the diocese to conclude its bankruptcy case, which has stretched beyond six years. The parties stressed that third-party releases are a cornerstone of the deal, enabling financial contributions from non-debtor affiliates and insurers, the report states. They are asking the court to reconsider its ruling to ensure the plan remains viable. The judge's decision could determine whether the diocese can move forward with its restructuring or face further delays in reaching a resolution, according to Bloomberg Law. About The Diocese of Buffalo N.Y. The Diocese of Buffalo, N.Y., is home to nearly 600,000 Catholics in eight counties in Western New York. The territory of the diocese is co-extensive with the counties of Erie, Niagara, Genesee, Orleans, Chautauqua, Wyoming, Cattaraugus, and Allegany in New York State, comprising 161 parishes. There are 144 diocesan priests and 84 religious priests who reside in the Diocese. The diocese through its central administrative offices (a) provides operational support to the Catholic parishes, schools, and certain other Catholic entities that operate within the territory of the Diocese "OCE"; (b) conducts school operations through which it provides parish schools with financial and educational support; (c) provides comprehensive risk management services to the OCEs; (d) administers a lay pension trust and a priest pension trust for the benefit of certain employees and priests of the OCEs; and (e) provides administrative support for St. Joseph Investment Fund, Inc. Dealing with sexual abuse claims, the Diocese of Buffalo sought Chapter 11 protection (Bankr. W.D.N.Y. Case No. 20-10322) on Feb. 28, 2020. The diocese was estimated to have $10 million to $50 million in assets and $50 million to $100 million in liabilities as of the bankruptcy filing. The Honorable Carl L. Bucki is the case judge. The Debtor tapped Bond, Schoeneck & King, PLLC, led by Stephen A. Donato, Esq., as counsel; Connors LLP and Lippes Mathias Wexler Friedman LLP as special litigation counsel; Jones Day as special corporate governance counsel; and Phoenix Management Services, LLC as financial advisor. Stretto is the claims agent, maintaining the page: https://case.stretto.com/dioceseofbuffalo/docket The U.S. Trustee for Region 2 appointed a committee of unsecured creditors on March 12, 2020. The committee tapped Pachulski Stang Ziehl & Jones, LLP and Gleichenhaus, Marchese & Weishaar, PC as bankruptcy counsel, and Burns Bair LLP as special insurance counsel. DS FORDHAM: Voluntary Chapter 11 Case Summary --------------------------------------------- Three affiliates that concurrently filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code: Debtor Case No. ------ -------- DS Fordham Landing 1 LLC 26-22254 23 Hollow Ridge Road Mount Kisco, NY 10549 Dynamic Star LLC 26-22255 23 Hollow Ridge Road Mount Kisco, NY 10549 DS 1 GP Inc. 26-22256 23 Hollow Ridge Road Mount Kisco, NY 10549 Business Description: Dynamic Star LLC, DS 1 GP Inc., and DS Fordham Landing 1 LLC own all equity and fee interests in Fordham Landing South, a Bronx project planning nearly 1,000 affordable housing units. The development has cleared environmental approvals and is working with Lettire Construction Corp. and Urban Builders Collaborative to manage construction and development, while municipal and construction financing negotiations are underway. The project reflects New York City and State priorities for affordable housing but is encumbered by a disputed mortgage originally held by Columbia Pacific for $44.5 million, plus an alleged unrecorded lien of $2 million. Chapter 11 Petition Date: March 15, 2026 Court: United States Bankruptcy Court Southern District of New York Judge: Hon. Sean H. Lane Debtors' Bankruptcy Counsel: Kevin Nash, Esq. GOLDBERG WEPRIN FINKEL GOLSTEIN LLP 125 Park Ave New York, NY 10017-5690 Email: knash@gwfglaw.com Each Debtor's Estimated Assets: $50 million to $100 million Each Debtor's Estimated Liabilities: $50 million to $100 million Brad Zackson signed the petitions for DS Fordham Landing 1 LLC, Dynamic Star LLC, and DS 1 GP Inc. The Debtors failed to include lists of their 20 largest unsecured creditors in the petitions. Full-text copies of the petitions are available for free on PacerMonitor at: https://www.pacermonitor.com/view/VX7YVAY/DS_Fordham_Landing_1_LLC__nysbke-26-22254__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/V7JQB3Y/Dynamic_Star_LLC__nysbke-26-22255__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/2EZG4BA/DS_1_GP_Inc__nysbke-26-22256__0001.0.pdf?mcid=tGE4TAMA DYNAMIC STAR: Files Second Chapter 11 Bankruptcy in 3 Months ------------------------------------------------------------ Susanne Barton and Jonathan Randles of Bloomberg News reports that Dynamic Star LLC has returned to bankruptcy court with a new Chapter 11 filing, its second in three months, as it continues to grapple with lender disputes related to the Fordham Landing development in the Bronx. The move reflects ongoing tensions over financing and project control. In its latest filing, the developer reported assets and liabilities each in the range of $50 million to $100 million. The substantial figures highlight the scale of the housing project and the financial complexities involved in its development. The company had previously dismissed an earlier bankruptcy case in late January as part of an agreement with creditors. However, the renewed filing suggests that those negotiations did not fully resolve outstanding issues, prompting Dynamic Star to seek court protection once again, the report states. The new case also includes an affiliate tied to the Fordham Landing South project, broadening the scope of the proceedings. The overall Fordham Landing development is split into two phases—North and South—and incorporating both segments into the bankruptcy process may help facilitate a more comprehensive restructuring strategy, according to Bloomberg. About Dynamic Star LLC Dynamic Star LLC and affiliaties are stock holding companies that own equity interests in major real estate development projects in the Bronx, New York. Dynamic and DS 1 hold all Class A membership interests in DS Fordham Landing 1 LLC, which owns the property at 320 West Fordham Road, while Fordham Sponsor and FLP collectively own DS Fordham Landing 2 LLC, DS Fordham Landing 4, and MDBZJGGS LLC, which hold properties at 2371, 2391 and 2401, and 2444 Exterior Street. These holdings, known collectively as Fordham Landing, are being developed as one of the largest new affordable housing projects in New York City in recent decades. Dynamic Star LLC and affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 25-23154) on December 1, 2025. In its petition, the Debtor reports estimated assets and liabilities between $50 million and $500 million each. The Debtors are represented by Kevin Nash, Esq. of GOLDBERG WEPRIN FINKEL GOLDSTEIN LLP. The court signed an order on February 11, 2026 dismissing the Chapter 11 case with Consent and without prejudice and closed the case on February 13, 2026. 2nd Attempt Dynamic Star LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 26-22255) on March 15, 2026. In its petition, the Debtor reports estimated assets and liabilities between $50 million and $100 million each. The Debtor is represented by J. Ted Donovan, Esq., of Goldberg Weprin Finkel Goldstein LLP. ECO ROOF: Loses Bid to Set Aside Default Judgment in Walsh Case --------------------------------------------------------------- Judge Brandon S. Long of the U.S. District Court for the Eastern District of Louisiana denied the motion of ECO Roof and Solar, Inc. and Dylan Lucas to set aside entry of default against them in the case captioned as PATRICK WALSH, JR. VERSUS NO. ECO ROOF AND SOLAR, INC., ET AL, Case No. 24-cv-02153 (E.D. La.). This litigation arises from Patrick Walsh, Jr.'s two-year span of employment with ECO Roof and Solar, Inc. and its alleged failure to pay him hundreds of thousands of dollars in compensation after he was terminated and defamed Patrick Walsh, Jr. is a Louisiana citizen residing in Jefferson Parish. ECO, which is incorporated and has its principal place of business in Colorado, is a general construction firm specializing in storm restoration; it operates its storm restoration business in Louisiana out of a commercial building in Metairie. Dylan Lucas, a citizen of Colorado, is ECO's President. Ryan Nichols, a citizen of Texas, is ECO's Chief Executive Officer. After hurricanes caused damage in south Louisiana in 2020 and 2021, ECO entered into contracts to restore and repair damage to various buildings in the New Orleans area. To manage the work, ECO employs project managers, whom it compensates on a commission-only basis and whom it treats as exempt employees not entitled to overtime pay or regular wages. In September 2021, Walsh became an ECO roofing and building restoration commercial project manager, whose duties were set forth in an Employment Agreement. And ECO agreed to compensate Walsh in accordance with a commission structure set forth in the Agreement. As an ECO project manager, Walsh secured various contracts for projects in the New Orleans area for which he alleges that he earned commissions, including such projects as Kloeckner Metals Corporation; New Orleans Aviation Board (“NOAB”); Davis Drapery; Goodwill Industries; Conley Marina Services; and Shelley Waguespack. Walsh alleges that Lucas has admitted that ECO owes Walsh commissions on various projects. Nevertheless, Walsh alleges that ECO, Lucas, and Nichols have engaged in fraudulent conduct, including inflating or falsifying expenses on projects managed by Walsh and misallocating the costs among projects, in order to prevent Walsh from receiving commissions (or to artificially reduce the commissions) he is owed. On September 1, 2023, Walsh alleges that ECO terminated Walsh's employment following an incident in which he raised concerns regarding poor quality work on projects Walsh had procured for the NOAB at the Louis Armstrong New Orleans International Airport. Walsh alleges that ECO used this incident as a pretext to terminate him and to avoid paying him commissions owed. On December 19, 2023, Walsh through his counsel made written demand on ECO in accordance with La.R.S. 23:631 for all unpaid wages he is owed, to no avail. Walsh alleges that ECO, through its owners and attorneys, has represented at various times that it intends to pay Walsh what he is owed; however, ECO has failed or refused to pay Walsh since ECO terminated Walsh's employment. This lawsuit, which has proceeded in fits and starts, followed. On August 30, 2024, invoking the Court's diversity jurisdiction as well as federal question jurisdiction under the Fair Labor Standards Act, Patrick Walsh, Jr. sued ECO Roof and Solar, Inc., Dylan Lucas, and Ryan Nichols. Walsh seeks redress for breach of contract, unpaid wages under state and federal wage laws, violations of Louisiana Unfair Trade Practices and Consumer Protection Law, fraud, defamation, and Walsh additionally seeks to pierce ECO's corporate veil so that Lucas and Nichols are jointly and severally liable with ECO. Summons issued to each defendant in September 2024. None of the defendants filed a timely answer. After a show-cause order issued on February 7, 2025 directing Plaintiff to obtain responsive pleadings or preliminary defaults on the defendants, Plaintiff filed a notice of suggestion of ECO's chapter 11 bankruptcy petition and notice of automatic stay of proceedings. Walsh also moved to stay the proceedings. The Court granted the motion to stay on February 20, 2025.33 Two months later, the Court reopened the case on Plaintiff's motion. According to Walsh, the bankruptcy case was ultimately dismissed without any discharge of ECO's debt. Still no answer from Defendants, the Court issued another show-cause order that Walsh obtain responsive pleadings or an entry of default. In response, on May 30, 2025, Plaintiff moved for entry of default as to each of the three Defendants. On June 3, 2025, the Clerk granted the motion, entering a preliminary default as to each Defendant as requested. The Court concludes because Defendants' default was willful and because they offer no defense (much less a meritorious one) to any of Plaintiff's claims, Defendants have failed to show good cause for setting aside the entry of preliminary default. A copy of the Court's Order dated March 10, 2026, is available at http://urlcurt.com/u?l=av1pdB About ECO Roof and Solar Eco Roof and Solar Inc. specializes in renewable energy solutions, particularly focused on solar energy systems and sustainable roofing options. The Company aims to provide environmentally friendly alternatives for residential and commercial properties, emphasizing energy efficiency and reduced carbon footprints. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Colo. Case No. 24-15628), listing between $1 million and $10 million in estimated assets and between $10 million and $50 million in estimated liabilities. The petition was signed by Dylan Lucas as president. The Hon. Joseph G. Rosania Jr. presides over the case. The Debtor tapped David V. Wadsworth, Esq., at Wadsworth Garber Warner Conrardy, P.C. as bankruptcy counsel and Hilary Morgan, Esq., at Sherman & Howard LLC as special counsel. On November 5, 2024, the Office of the United States Trustee appointed an official committee of unsecured creditors in this Chapter 11 case. The committee tapped Steptoe & Johnson PLLC as counsel. ECOSYSTEM RENEWAL: Hires H. Kent and Caleb Aguillard as Counsel --------------------------------------------------------------- Ecosystem Renewal, LLC seeks approval from the U.S. Bankruptcy Court for the Western District of Louisiana to employ H. Kent Aguillard, Esq., and Caleb K. Aguillard, Esq., attorneys practicing in Eunice, La., as counsel. The attorneys will render these services: (a) advise and represent the Debtor concerning its property and the performance of its duties; (b) negotiate with creditors, prepare a plan of reorganization; and (c) generally advise the Debtor about operating within the parameters of Chapter 11. The attorneys will be paid at these hourly rates: H. Kent Aguillard, Esq. $525 Caleb Aguillard, Esq. $415 In addition, the firm will seek reimbursement for expenses incurred. The attorneys received an initial retainer of $25,000 from the Debtor, including the filing fee of $1,738. The attorneys disclosed in a court filing that they are "disinterested persons" as the term is defined in Section 101(14) of the Bankruptcy Code. The attorneys can be reached at: H. Kent Aguillard, Esq. Caleb K. Aguillard, Esq. 141 S. 6th Street Eunice, LA 70535 Telephone: (337) 457-9331 Facsimile: (337) 457-2917 Email: kent@aguillardlaw.com Email: caleb@aguillardlaw.com About Ecosystem Renewal LLC Ecosystem Renewal LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. La. Case No. 26-50182) on March 6, 2026, listing under $1 million in both assets and liabilities. Judge John W. Kolwe oversees the case. H. Kent Aguillard, Esq., and Caleb K. Aguillard, Esq., serve as the Debtor's counsel. EDDIE BAUER: Judge Approves Creditor Voting on Chapter 11 Plan -------------------------------------------------------------- Rick Archer of Law360 Bankruptcy Authority reports that on Monday, March 16, 2026, a New Jersey bankruptcy court allowed the company operating Eddie Bauer outlets to move ahead with soliciting creditor votes on its Chapter 11 plan, following the withdrawal of objections from unsecured creditors. The ruling marks a significant step in the debtor’s restructuring efforts. During the hearing, the court concluded that the disclosure statement provided sufficient detail regarding the plan’s terms, including proposed recoveries and treatment of claims. The absence of objections helped streamline the approval process. The debtor is now authorized to circulate the plan and disclosure statement to creditors for voting. If the plan gains sufficient support, the company will seek final confirmation from the court in the coming weeks, the report states. About Eddie Bauer LLC Eddie Bauer is an outdoor apparel brand was founded in Seattle in 1920 and has built a reputation around clothing and gear for hiking, travel, and outdoor recreation. It sells outdoor apparel, footwear, and equipment designed for travel and adventure. The company currently reports operating over 250 locations throughout North America. Eddie Bauer LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.N.J. Case No. 26-11422) on February 9, 2026. In its petition, the Debtor reports Honorable Bankruptcy Judge Stacey L. Meisel handles the case. The Debtor is represented by Michael D. Sirota, Esq. of Cole Schotz P.C. EFI PRODUCTIVITY: Barings CI Marks $392,612 Loan at 38% Off ----------------------------------------------------------- Barings Corporate Investors has marked its $392,612 loan extended to EFI Productivity Software to market at $245,325 or 62% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to EFI Productivity Software. The Loan accrues interest at a rate of 8.82% (SOFR + 5.000%) per annum. The Loan matures on May 23, 2030. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About EFI Productivity Software EFI Productivity Software is a provider of enterprise resource planning software solutions purpose-built for the print and packaging industry. ELETSON HOLDINGS: Greenberg, Reed Smith Fight Sanctions Bid ----------------------------------------------------------- Emily Sawicki of Law360 reports that that Greenberg Traurig LLP and Reed Smith LLP have asked a New York federal court to deny discovery requests from Levona Holdings, which is pursuing sanctions against the firms following earlier litigation. The firms argue the requests go beyond what is appropriate for a sanctions dispute. Levona is seeking documents and information it claims are relevant to its sanctions bid, but the firms counter that the requests are overly expansive and not justified under discovery rules. They contend that the demands would impose significant burdens without yielding meaningful evidence, the report states. The firms urged the court to reject the requests, warning that allowing such discovery could encourage similar tactics in future cases. A decision is pending as the court weighs the competing arguments, according to Law360. 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. Lawyers at Reed Smith represent the Debtors as bankruptcy counsel. Riveron RTS served as the Debtors' Domestic Financial Advisor; Harold Furchtgott-Roth as Economic Expert; and Kurtzman Carson as Voting Agent. The U.S. Trustee for Region 2 appointed an official committee of unsecured creditors. The committee tapped Dechert, LLP as its legal counsel and FTI Consulting as the Committee's financial advisors. EMPIRE FACILITY: Court Extends Cash Collateral Access to April 1 ---------------------------------------------------------------- Empire Facility Management, LLC received another extension from the U.S. Bankruptcy Court for the Northern District of New York to use cash collateral. The court entered its second interim order authorizing the Debtor to use cash collateral to fund its operations until the next hearing set for April 1. The Debtor may use the funds according to a court-approved budget, subject to a 10% variance. The Debtor was initially allowed to access cash collateral from Feb. 27 to March 11 under the court's March 9 interim order. The second interim order granted replacement liens to Watertown Savings Bank and five potential secured creditors and approved the Debtor's monthly payment of $1,059.71 to the bank. The replacement liens do not apply to any Chapter 5 avoidance claims. The Debtor is required to pay $1,000 to the Subchapter V trustee during the pendency of its Chapter 11 case. Termination events under the interim order include entry of an order granting relief from the automatic stay; dismissal or conversion of the Debtor's Chapter 11 case; confirmation of a Chapter 11 plan of reorganization; or entry of an order reversing, revoking, staying, rescinding or amending the interim order without creditor consent. The order is available at https://is.gd/c79bRe from PacerMonitor.com. Formed in November 2023 and based in Watertown, New York, Empire operates a full-service commercial cleaning and facility management business providing janitorial, landscaping, snow removal, handyman, and related services. It employs nine workers and uses subcontractors, including Reali Clean, to whom it owes approximately $29,140 as of the petition date. Payroll and rent obligations are current, with monthly lease and storage costs totaling about $2,472. Creditors including Watertown Savings Bank, Byzfunder NY, LLC, DMKA, LLC, LifeTime Funding, LLC, Fundamental Capital, LLC and Genesis Equity Group Funding, LLC claim liens on the Debtor's cash and assets totaling $312,205, exceeding the estimated value of the Debtor's assets ($240,842). The Debtor intends to challenge some of these claims as usurious. About Empire Facility Management Empire Facility Management, LLC operates a full-service commercial cleaning and facility management business providing janitorial, landscaping, snow removal, handyman, and related services. Empire sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. N.Y. Case No. 26-30137) on February 27, 2026, with between $100,001 and $500,000 in both assets and liabilities. Empire President Noah Hodge signed the petition. Jeb Singer, Esq., at J. Singer Law Group, PLLC, represents the Debtor as legal counsel. EMPIRE FACILITY: Seeks to Tap J. Singer Law Group as Legal Counsel ------------------------------------------------------------------ Empire Facility Management LLC, doing business as Empire Facility Management, doing business as Empire Facility, seeks approval from the U.S. Bankruptcy Court for the Northern District of New York to employ J. Singer Law Group, PLLC as counsel. The firm's services include: (a) represent the Debtor in all aspects of this Subchapter V Chapter 11 case; (b) prepare and file all necessary legal documents in connection with the administration of the Debtor's estate; (c) advise the Debtor of its responsibilities and duties as a Debtor in the continued management and operation of its financial affairs and ensure insofar as practicable that it complies with its responsibilities; (d) appear at all appropriate meetings before this Court, any appellate courts, and the U.S. Trustee, and protect the interests of the Debtor's estate before such courts and the U.S. Trustee; (e) represent the Debtor in actions to protect and preserve its estate; (f) assist the Debtor in formulating and negotiate a plan of reorganization; and (g) perform such other further legal services to the Debtor which may be necessary herein. The firm received a retainer of $15,000 personally paid from the own funds of Noah Hodge, the Debtor's sole shareholder, officer, and director. Jeb Singer, Esq., an attorney at J. Singer Law Group, 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: Jeb Singer, Esq. J. Singer Law Group, PLLC 1 Liberty Plaza, 23rd Floor New York, NY 10006 Telephone: (917) 806-5832 Email: jsinger@jsingerlawgroup.com About Empire Facility Management Empire Facility Management, LLC operates a full-service commercial cleaning and facility management business providing janitorial, landscaping, snow removal, handyman, and related services. Empire sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D.N.Y. Case No. 26-30137) on February 27, 2026, with between $100,001 and $500,000 in both assets and liabilities. Empire President Noah Hodge signed the petition. Jeb Singer, Esq., at J. Singer Law Group, PLLC represents the Debtor as counsel. ENVELOPE 1 INC: Seeks to Extend Plan Exclusivity to June 12 ----------------------------------------------------------- Envelope 1, Inc. asked the U.S. Bankruptcy Court for the Southern District of Florida to extend its exclusivity periods to file a plan of reorganization and obtain acceptance thereof to June 12, 2026 and Jan. 1, 2027, respectively. The Debtor explains that based on a weighing of the relevant factors, there is more than sufficient cause to approve the extension of the Exclusive Periods requested by the company: * This chapter 11 case is highly complex. As of the Petition Date, the Debtor was a defendant in lawsuits. * The Debtor has made good faith progress toward reorganization by, among other things, and engaging negotiations with its secured creditors and engaging in positive, ongoing negotiations with a potential buyer. The Debtor, its creditors and its potential buyer require additional time to gather and share the information needed to negotiate a plan of reorganization. * The requested extension of the Exclusive Periods is the first such request made in this Chapter 11 Case and is approximately four months after the Petition Date. This amount of time is not long given the complexity of the issues involved, the fact that there is a large number of secured creditors with whom the Debtor must confer to reach consensus on a plan. Courts routinely grant a debtor's first request for an extension if the facts and circumstances warrant such extension. * The Debtor is not seeking an extension of the Exclusive Periods to pressure or prejudice any of its stakeholders. Rather, the Debtor is seeking an extension of the Exclusive Periods to preserve and build upon the progress made to date by securing adequate time to develop a plan of reorganization. The Debtor's efforts towards reaching a settlement with its secured creditors will benefit, not prejudice, its creditors. Envelope 1 Inc. is represented by: Susan D. Lasky, Esq. 320 S.E. 18th St Ft. Lauderdale, FL 33316 Telephone: (954) 400-7474 E-mail: Sue@SueLasky.com About Envelope 1 Inc. Envelope 1, Inc manufactures and mails commercial envelopes and their contents. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-23400) on November 12, 2025. In the petition signed by Tarry Pidgeon, president, the Debtor disclosed up to $50 million in assets and up to $100 million in liabilities. Susan D. Lasky, Esq., at Susan D. Lasky, PA, represents the Debtor as legal counsel. EPHEMERAL SOLUTIONS: Triplepoint PVC Marks $322,000 Loan at 75% Off ------------------------------------------------------------------- Triplepoint Private Venture Credit Inc. has marked its $322,000 loan extended to Ephemeral Solutions, Inc. to market at $80,000 or 25% of the outstanding amount, according to Triplepoint PVC's 10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Triplepoint Private Venture Credit Inc. is a participant in a loan extended to Ephemeral Solutions, Inc. The Loan accrues interest at a rate of Prime + 7.50 % PIK interest rate, 16.00 % floor, 6.50 % EOT payment per annum. The Loan matures on Feb. 28, 2027. TriplePoint Private Venture Credit Inc. is a closed-end, externally managed, non-diversified management investment company that provides debt financing to venture growth-stage companies. The Fund is led by James P. Labe as Chief Executive Officer and Sajal K. Srivastava as Chief Investment Officer, President and Director. The Fund can be reached at: James P. Labe TriplePoint Private Venture Credit Inc. 2755 Sand Hill Road, Suite 150 Menlo Park, CA 94025 Telephone: (650) 854-2090 About Ephemeral Solutions, Inc. Ephemeral Solutions, Inc. appears to be a growth-stage company financed with a growth capital loan featuring a high fixed-rate floor and payment-in-kind interest, suggesting a borrower in a capital-intensive or rapidly scaling business. EXPRESS STORE: Seeks to Hire Rochelle McCullough as Legal Counsel ----------------------------------------------------------------- Express Stores, Inc. seeks approval from the U.S. Bankruptcy Court for the Northern District of Texas to employ Rochelle McCullough, LLP as counsel. The firm will render these services: (a) advise the Debtor with respect to its rights, powers and duties as it continues to operate and manage its business; (b) advise the Debtor concerning, and assist in the negotiation and documentation of, agreements, debt restructuring, and related transactions; (c) monitor transactions proposed by the parties in interest during the course of this case and advise the Debtor regarding the same; (d) review the nature and validity of liens asserted against the property of the Debtor and advise it concerning the enforceability of such liens; (e) advise the Debtor concerning the actions that might be taken to collect and to recover property for the benefit of its estate; (f) review and monitor the Debtor's ongoing business; (g) prepare on behalf of the Debtor all necessary and appropriate legal documents and review all financial and other reports to be filed in this Chapter 11 case; (h) advise the Debtor concerning, and preparing responses to, legal papers that may be filed and served in this Chapter 11 case; (i) advise the Debtor in connection with any suggested or proposed plan(s) of reorganization; (j) counsel the Debtor in connection with the formulation, negotiation and promulgation of a plan of reorganization; and (k) perform all other legal services for and on behalf of the Debtor that may be necessary or appropriate in the administration of this Chapter 11 case. The hourly rates of the firm's counsel and staff are as follows: Partners $550 - $900 Associates $350 - $475 Paraprofessionals $225 In addition, the firm will seek reimbursement for expenses incurred. The firm received a retainer fee in the amount of $25,000 from the Debtor. Joseph Postnikoff, Esq., a partner at Rochelle McCullough, 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: Joseph F. Postnikoff, Esq. Rochelle McCullough, LLP 300 Throckmorton Street, Suite 520 Fort Worth, TX 76102 Telephone: (817) 347-5261 Facsimile: (817) 347-5269 Email: jpostnikoff@romclaw.com About Express Stores Inc. Express Stores, Inc., doing business as Boney Joe's, operates a convenience store and gas station at Rio Vista, Texas, providing fuel, snacks, beverages, and other retail items. Express Stores sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex. Case No. 26-40963) on March 2, 2026. In the petition signed by Qasim Saeed, president, the Debtor disclosed up to $10 million in both assets and liabilities. Joseph F. Postnikoff, Esq., at Rochelle McCullough, LLP serves the Debtor as counsel. FAIR OFFER: Trustee Hires Epstein Becker & Green as Legal Counsel ----------------------------------------------------------------- Robert J. Mendes, the trustee appointed in the Chapter 11 case of Fair Offer Cash Now, Inc., seeks approval from the U.S. Bankruptcy Court for the Middle District of Tennessee to employ Epstein Becker & Green, PC as counsel. The firm will render these services: (a) provide the trustee legal advice with respect to his powers and duties; (b) assist the trustee in administering property in the Debtor's estate; (c) prepare on behalf of the trustee necessary legal documents; (d) represent the trustee at hearings, proceedings, meetings, etc. in this Court and before other tribunals and administrative agencies; and (e) perform any and all other legal services for the trustee which may be necessary or appropriate in this case. The firm will be paid at these hourly rates: Robert Mendes, Attorney $550 Other Attorneys $550 Paralegals $195 Mr. Mendes 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: Robert J. Mendes, Esq. Epstein Becker & Green, PC 1222 Demonbreun Street Nashville, TN 37203 Telephone: (615) 565-6257 Email: bmendes@ebglaw.com About Fair Offer Cash Now Inc. Fair Offer Cash Now owns 27 properties all located in Alabama, Kentucky, Missouri, Tennessee, Georgia and Mississippi having a total current value of $4.94 million. Fair Offer Cash Now, Inc. in Murfreesboro, Tenn., sought relief under Chapter 11 of the Bankruptcy Code (Bankr. M.D. Tenn. Case No. 24-03495) on Sept. 11, 2024, listing $4,942,400 in assets and $4,783,400 in liabilities. Bradley Smotherman, president, signed the petition. Judge Charles M. Walker oversees the case. Lefkovitz & Lefkovitz serves as the Debtor's legal counsel. Robert Mendes was appointed as trustee appointed in this Chapter 11 case. He tapped Robert J. Mendes, Esq., at Epstein Becker & Green, PC as counsel. FAMULUS HEALTH: Court Denies Receivership Bid, Compels Turn Over ---------------------------------------------------------------- The Hon. Bruce Howe Hendricks of the U.S. District Court for the District of South Carolina granted, in part, and denied, in part, GoodRX, Inc.'s motion to compel turnover and assignment of property of Famulus Health, LLC in execution of judgment or, alternatively, to appoint a receiver for Famulus. Specifically, the Court directed Famulus to: 1. transfer funds from the bank accounts listed in its post-judgment discovery responses in partial satisfaction of a previous Judgment; 2. turn over and assign to GoodRX all right, title, and interest in the Fixed Asset Software "FAST Technology" and any and all associated patents and intellectual property rights, including United States Patent Application Publication No. US 2023/0395212A1; 3. execute all documents necessary to effectuate transfer or assignment of the Fixed Asset Software "FAST Technology," including but not limited to any patent assignments suitable for recording with the United States Patent and Trademark Office; 4. deliver all source code, documentation, credentials, encryption keys, access credentials, repositories, license agreements, and technical materials necessary to use, market, license, or sell the Fixed Asset Software "FAST Technology;" 5. refrain from transferring, licensing, encumbering, or otherwise disposing of the Fixed Asset Software "FAST Technology" pending completion of the transfer of the technology to GoodRX; and 6. cooperate fully with any purchaser of the Fixed Asset Software "FAST Technology," including reasonable transition assistance. The Court denied GoodRX's Motion, in part, as to the alternative relief requesting appointment of a receiver at this time. On September 11, 2024, the Court entered a judgment that exceeded $55 million against the Defendant, confirming an arbitration award, as modified by the Court, in favor of GoodRX rendered in arbitration before the American Arbitration Association, with Judge Elizabeth Ray presiding as the Arbitrator. On October 11, 2024, GoodRX applied for a writ of execution on the Judgment with the Court, which was granted. The Judgment consists of over $55 million in damages, among other things. On February 12, 2025, the Court granted GoodRX's Renewed Motion for supplementary Proceedings, in part, specifically to proceed with post-judgment discovery. The Court instructed GoodRX to closely review its draft discovery requests so as not to seek duplicative information, while directing Famulus to respond to all post-judgment discovery properly served upon it by GoodRX. In post-judgment discovery, Famulus stated that it owns, possesses, and maintains the code and data for certain technology, referred to as FAST Technology, a cloud-based switch technology designed to help lower the cost of prescription drugs for members. Famulus claims that its patent application for the FAST Technology was not granted. One of Famulus's "fixed assets" is a category notated as "Fixed Asset Software" with a monetary value of $2.3 million. In the Famulus Rule 30(b)(6) deposition of Jason Bouwer, he testified that the "Fixed Asset Software" was, in fact, the FAST Technology, and the $2.3 million was not the value of the technology but, instead, represented the historical cost incurred by Famulus to develop the FAST Technology. In its Answers to GoodRX's post-judgment discovery, Famulus stated that the "code for Famulus FAST Technology is currently stored on the Famulus shared drive, a company repository, owned, managed, and protected by Famulus Health, LLC." GoodRX requests an Order compelling Famulus to transfer all funds from Famulus's bank accounts listed in post-judgment discovery in partial satisfaction of the judgment in this action. Additionally, because the FAST Technology is located on a cloud-based platform and cannot be seized pursuant to a traditional writ of execution by the U.S. Marshal, GoodRX requests that the Court enter an Order requiring Famulus to turn over and assign to GoodRX all right, title, and interest in the FAST Technology. GoodRX also seeks an order enjoining Famulus from transferring, licensing, encumbering, or otherwise disposing of the FAST Technology and requiring Famulus to fully cooperate with any purchaser of the FAST Technology, including reasonable transition assistance. GoodRX also asks the Court to appoint a receiver in this action and authorize the receiver to take possession of and sell the FAST Technology and to award costs and fees. Famulus does not argue that the East West Bank account is exempt from judgment under the law. Nor has Famulus provided any legal authority to support its position conditioning payment of the money in the East West Bank account on payment of final invoices and dismissal of the pending cases. The Court's February 12, 2025 Order enjoined Famulus, inter alia, from "dissipating, transferring, or disposing of funds, assets, accounts, or property of Famulus not exempt from GoodRX's execution or enforcement of its judgment." Famulus argues that the FAST Technology is not intangible property discovered by GoodRX in post-judgment discovery that could be included in an Order and turned over to GoodRX in partial satisfaction of the judgment. Famulus also argues that FAST Technology has no value. Famulus further emphasizes that its patent application for the FAST Technology was not granted, such that there are no patent rights to turn over and assign. However, GoodRX not only seeks an Order requiring the transfer of patent rights but also requests that the Court require Famulus to turn over and assign to GoodRX all right, title, and interest in the FAST Technology. Famulus also indicated that the reason it has not paid the outstanding judgment is because Famulus does not have the assets to pay the judgment. Famulus said it is not refusing to pay. Famulus does not and has not had the ability to pay the judgment. According to the Court, the balance sheets provided by Famulus indicate a monetary value of $2.3 million for the software. There is no evidence before the Court that the FAST Technology has no value at all. South Carolina law does not require a creditor to prove market value as a prerequisite to turnover; it requires only that the property be non-exempt and owned by the judgment debtor. About Famulus Health, LLC Famulus Health, LLC, is an innovative technology company focused on developing solutions that are changing the face of healthcare for health plans, PBMs, and most importantly, patients. Famulus is facing a case captioned as GoodRX, Inc. v. Famulus Health, LLC, Case No. 9:24-cv-00886 (D.S.C.), before the Hon. Bruce Howe Hendricks. The case was filed on February 21, 2024. Defendant Famulus Health, LLC is represented by: Michael H. Conrady. Esq. Campbell Law Firm Tel: 843-884-6874 E-mail: mconrady@campbell-law-firm.com - and - Lauren Nicole Vriesinga, Esq. Tel: 843-579-7022 E-mail: laurenvriesinga@mvalaw.com - and - Julianne Farnsworth, Esq. Farnsworth Law Firm LLC Tel: 843-469-1069 E-mail: julianne@farnsworthlaw.com GoodRX is represented by: James Thomas McBratney, III, Esq. Anthony W Livoti Murphy and Grantland Tel: 803-782-4100 E-mail: tmcbratney@murphygrantland.com awlivoti@murphygrantland.com - and - Jennifer Melien Brooks Crozier, Esq. David J. Lender, Esq. Alexandra Katherine Rose, Esq. Weil, Gotshal & Manges LLP Tel: 212-310-8005 E-mail: jennifer.crozier@weil.com david.lender@weil.com alexandra.rose@weil.com FAT BRANDS: Seeks Chapter 11 Sale Procedures as Talks Continue -------------------------------------------------------------- Emily Lever of Law360 Bankruptcy Authority reports that bankrupt restaurant operator FAT Brands Inc. has proposed a set of bidding procedures aimed at facilitating a sale of its assets during the Chapter 11 process. The procedures, filed with the bankruptcy court, envision completing a transaction by early May following a structured marketing and auction process. Under the proposal, the court would approve deadlines for submitting bids and allow for an auction if multiple qualified offers are received. The debtor said the approach would create a competitive process intended to maximize value for the bankruptcy estate. The company added that it continues to work with its lenders and other stakeholders as negotiations move forward. Those discussions, FAT Brands said, remain active as the debtor considers potential sale structures and broader restructuring alternatives, the report states. About FAT (Fresh. Authentic. Tasty.) Brands FAT Brands (NASDAQ: FAT) -- http://www.fatbrands.com/-- is a global franchising company that strategically acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining concepts around the world. The Company currently owns 18 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli's, Twin Peaks, Great American Cookies, Smokey Bones, Hot Dog on a Stick, Buffalo's Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses. FAT Brands franchises and owns over 2,200 units worldwide. Fat Brands Inc. and 181 subsidiaries sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90126) on Jan. 26, 2026. In its petition, Fat Brands listed estimated assets and liabilities more than $1 billion. The Honorable Bankruptcy Judge Alfredo R. Perez handles the case. Latham & Watkins LLP is serving as legal counsel to the Company. GLC Advisors & Co., LLC is serving as investment banker, and Huron Consulting Services LLC is serving as financial advisor. Omni Agent Solutions, Inc., is serving as claims, noticing and solicitation agent. White & Case LLP is representing the Ad Hoc Group of Securitization Noteholders. Greenberg Traurig, LLP represents UMB Bank, National Association, solely in its capacity as Trustee to certain series of notes. FLOAT ALASKA: April 6 Proofs of Claim Filing Deadline Set --------------------------------------------------------- IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE. FLOAT Alaska LLC et al., Chapter 11 Case No. 26-10075 (CTG) (Jointly Administered) NOTICE OF BAR DATES FOR FILING PREPETITION CLAIMS AND ADMINISTRATIVE EXPENSE CLAIMS To all persons or entities with claims against the following debtors (along with their respective EIN numbers): FLOAT Alaska LLC (3705), Corvus Alaska Holdings Inc. (9732), FLOAT Alaska Holdings LUC (8617), FLOAT Alaska IP LLC (1986), New Pacific Airlines, Inc. (7666), FlyCoin, Inc. (2816), and FLOAT Shuttle Inc. (4269) (collectively, the "Debtors"). On January 26, 2026 (the "Petition Date"), the Debtors each filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the "Court"). By order dated March 5, 2026 (the "Bar Date Order"), the Court established claim filing deadlines as follows: (1) all persons or entities with a claim against a Debtor that arose before the Petition Date, including claims for the value of goods sold to any Debtor in the ordinary course of business and received by such Debtor within 20 days before the Petition Date, must file a proof of claim on or before April 6, 2026, at 11:59 p.m. prevailing Eastern Time, and (ii) all persons or entities who have an unpaid administrative expense claim against a Debtor arising on or after the Petition Date and through and including March 6, 2026 must file a request for allowance of an administrative claim on or before April 6, 2026, at 11:59 p.m. prevailing Eastern time, and (ii) governmental units must file a proof of claim on or before July 27, 2026. A claim must be submitted so as to be actually received on or before the applicable deadline to be deemed timely. A claimant should consult an attorney if the claimant has any questions. For more detailed information regarding who must file a proof of claim and the specific requirements regarding the filing of a proof of claim, or to obtain a Proof of claim Form, you may (i) contact the Debtors' claims agent, Stretto, Inc. ("Stretto"), by telephone at (855) 512-4847 (Toll-Free) or (626) 544-2685 (International), or by email at TeamFloatAlaska@stretto.com, (ii) contact the Debtors’ attorneys, Saul Ewing LLP, Attn: Zev M. Shechtman (zev.shechtman@saul.com) or Paige N. Topper (paige.topper@saul.com or (iii) visit the case website maintained by Stretto at https://cases.stretto.com/floatalaska/. Please note that Stretto is not permitted to give you legal advice. Stretto cannot advise you how to file, or whether you should file, a proof of claim. Interested parties may examine copies of the Schedules, the Bar Date Order and other filings in these cases free of charge at https://cases.stretto.com/floatalaska/ or on the Court's electronic docket for a fee at https://www.deb.uscourts.gov/ (a PACER login and password are required and can be obtained through the PACER Service Center at http://pacer.psc.uscourts.gov. ANY PERSON OR ENTITY THAT IS REQUIRED TO TIMELY FILE A PROOF OF CLAIM OR A REQUEST FOR ALLOWANCE OF AN ADMINISTRATIVE EXPENSE CLAIM BUT FAILS TO DO SO SHALL NOT BE TREATED AS A CREDITOR WITH RESPECT TO SUCH CLAIM FOR THE PURPOSE OF VOTING AND DISTRIBUTION IN THE DEBTORS' CHAPTER 11 CASES. About FLOAT Alaska LLC FLOAT Alaska LLC is an Anchorage, Alaska-based holding company that owns and operates regional and planned transpacific airline services through its subsidiaries. Its operations include New Pacific Airlines, Inc., which provides passenger and cargo flights across Alaska and plans broader international routes; Corvus Alaska Holdings Inc. and FLOAT Alaska Holdings LLC, which manage airline operations and corporate assets; FLOAT Alaska IP LLC, which oversees intellectual property and branding; and FlyCoin, Inc., a blockchain-based airline loyalty platform. FLOAT Alaska LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del. Lead Case No. 26-10075) on Jan. 26, 2026. In the petitions signed by Thomas Hsieh, manager, FLOAT Alaska disclosed up to $10 million in estimated assets and up to $50 million in estimated liabilities. Judge Craig T. Goldblatt oversees the cases. The Debtors tapped Saul Ewing LLP as bankruptcy counsel and Stretto, Inc. as claims and noticing agent. FORDHAM LANDING: Voluntary Chapter 11 Case Summary -------------------------------------------------- Five affiliates that concurrently filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code: Debtor Case No. ------ -------- Fordham Landing Preferred Sponsor LLC 26-22259 23 Hollow Ridge Road Mount Kisco, NY 10549 Fordham Landing Preferred LLC 26-22261 23 Hollow Ridge Road Mount Kisco, NY 10549 DS Fordham Landing 2 LLC 26-22262 23 Hollow Ridge Road Mount Kisco, NY 10549 DS Fordham Landing 4 LLC 26-22263 23 Hollow Ridge Road Mount Kisco, NY 10549 MDBZJGGS LLC 26-22264 23 Hollow Ridge Road Mount Kisco, NY 10549 Business Description: Fordham Landing Preferred Sponsor LLC and Fordham Landing Preferred LLC own DS Fordham 2, DS Fordham 4, and MDBZJGGS LLC, which hold development properties in the Bronx, New York. The three sites, collectively known as Fordham Landing North, cover more than 14 acres and are being developed as the city's largest affordable housing project in recent decades. The companies have spent years securing DEC approvals and are pursuing rezoning to allow construction of roughly 4,000 affordable units. Chapter 11 Petition Date: March 16, 2026 Court: United States Bankruptcy Court Southern District of New York Judge: Hon. Sean H Lane Debtors' Bankruptcy Counsel: Kevin Nash, Esq. GOLDBERG WEPRIN FINKEL GOLSTEIN LLP 125 Park Ave New York, NY 10017-5690 Email: knash@gwfglaw.com Each Debtor's Estimated Assets: $50 million to $100 million Each Debtor's Estimated Liabilities: $50 million to $100 million Gary Segal signed the petitions for DS Fordham Landing 2 LLC, DS Fordham Landing 4 LLC, Fordham Landing Preferred LLC, Fordham Landing Preferred Sponsor LLC, and MDBZJGGS LLC. The Debtors failed to include lists of their 20 largest unsecured creditors in the petitions. Full-text copies of the petitions are available for free on PacerMonitor at: https://www.pacermonitor.com/view/XAQ6HKA/Fordham_Landing_Preferred_Sponsor__nysbke-26-22259__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/UCQX4WQ/Fordham_Landing_Preferred_LLC__nysbke-26-22261__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/Y4PDBWI/DS_Fordham_Landing_2_LLC__nysbke-26-22262__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/ZCHVVQI/DS_Fordham_Landing_4_LLC__nysbke-26-22263__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/ZWWW7OQ/MDBZJGGS_LLC__nysbke-26-22264__0001.0.pdf?mcid=tGE4TAMA FOUNDATION WERKS: Seeks to Hire T. Tompkins CPA as Accountant ------------------------------------------------------------- Foundation Werks, LLC seeks approval from the U.S. Bankruptcy Court for the Eastern District of Texas to employ T. Tompkins CPA, LLC as accountant. The firm will prepare and file the Debtor's tax returns for 2025 and assist with projections and liquidation analysis for its proposed plan of reorganization. Tonya Tompkins, CPA, disclosed in a court filing that her firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Tonya Tompkins, CPA T. Tompkins CPA, LLC 21421 S. Ferguson Road P.O. Box 339 Beavecreek, OR 97004 Telephone: (971) 373-3391 Facsimile: (971) 247-1365 Email: Info@tmtcfo.com About Foundation Werks LLC Foundation Werks, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. E.D. Tex. Case No. 25-43573) on November 25, 2025, with $100,001 to $500,000 in assets and liabilities. The Debtor tapped Frances A. Smith, Esq., at Offit Kurman, PA as counsel and Tonya Tompkins, CPA, at T. Tompkins CPA, LLC as accountant. FTI CONSULTING: Names Eun Angela Nam as Chief Financial Officer --------------------------------------------------------------- FTI Consulting, Inc. disclosed in a regulatory filing that the Board of Directors elected Eun Angela Nam, age 44, as Chief Financial Officer of the Company, effective upon commencement of her employment, which is expected on or about May 1, 2026. Ms. Nam will be responsible for all the Company's finance functions and the Company's information technology function. Prior to joining the Company, Ms. Nam served as Chief Financial Officer and Chief Accounting Officer of FTAI Aviation Ltd., an integrated, full-service provider specializing in the maintenance, repair and leasing of commercial jet engines and aircraft. Ms. Nam served as Chief Accounting Officer of FTAI Aviation Ltd., then an externally managed company of Fortress Investment Group LLC, beginning in August 2018 and was also appointed Chief Financial Officer in August 2022. From 2014 to May 2018, Ms. Nam served as a Senior Vice President of Private Equity at Fortress Investment Group LLC, an investment firm. Ms. Nam began her career at KPMG LLP. There were no arrangements or understandings between Ms. Nam and any other person pursuant to which she was elected as Chief Financial Officer. Ms. Nam does not have any family relationships with any director or executive officer of the Company, or any person nominated or chosen by the Company to become a director or executive officer, and she has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K promulgated under the Securities Act of 1933, as amended. Commenting on Ms. Nam's election, Steven H. Gunby, CEO and Chairman of FTI Consulting, said, "I am very excited that Angela is joining our team. She brings deep financial expertise, strong operational judgment and extensive capital markets experience to FTI Consulting. She has a proven track record of leading finance organizations through periods of growth, transformation and complexity. Let me also take this moment to thank Paul Linton for an outstanding job filling in as Interim Chief Financial Officer, a role he will remain in until Angela arrives, after which he will help Angela transition into her role and return to his prior role as Chief Strategy and Transformation Officer." Commenting on her election, Ms. Nam said, "As an expert-led firm, FTI Consulting has a long-standing reputation for delivering high-value insights to clients navigating complex business challenges and opportunities. As a former client, I am excited to work with the leadership team and finance organization as FTI Consulting continues to execute its sustainable growth strategy and create long-term value for all its stakeholders." Offer of Employment Agreement In connection with her appointment, Ms. Nam and the Company have entered into an Offer of Employment Agreement, executed March 3, 2026, pursuant to which Ms. Nam will commence employment with the Company on the Start Date. Pursuant to the Offer Letter, Ms. Nam will receive an initial base salary of $700,000 and will be eligible to participate in the Company's executive incentive compensation plan with an initial annual bonus target of $950,000 and expected annual long-term incentive plan target opportunity of $950,000. Ms. Nam will receive a one-time restricted stock award with a value on the date of grant of $3,000,000, vesting equally over four years. The Offer Letter provides that Ms. Nam will be an at-will employee of the Company. Ms. Nam may resign at any time by providing 90 days prior written notice to the Company. If Ms. Nam is terminated by the Company for "Cause" or resigns without "Good Reason," she is entitled to: (i) any unpaid base salary earned (ii) reimbursement for any incurred but unreimbursed business expenses, and (iii) any additional amounts or benefits she is entitled to under the Offer Letter or any Company benefit plan. If Ms. Nam is terminated by the Company without "Cause" or resigns with "Good Reason," she is entitled to: (i) any unpaid base salary earned (ii) 12 months salary continuation (iii) the unpaid amount of her previously earned and unpaid annual cash incentive pay based on actual performance results for the applicable bonus year, (iv) pro-rated annual incentive pay for the performance year of termination based on actual performance in respect of applicable objective financial performance goals (v) pro-rated annual incentive pay for the year of termination based on the portion of annual incentive pay attributable to individual performance goals, and (vi) continued group health and group life insurance coverage for 12 months. A full text copy of the Offer Letter is available at https://tinyurl.com/kv9kvnrz About FTI Consulting FTI Consulting, Inc. -- http://www.fticonsulting.com/-- is a global business advisory firm dedicated to helping organizations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. With more than 8,300 employees located in 34 countries and territories, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges and make the most of opportunities. The Company generated $3.49 billion in revenues during fiscal year 2023. In certain jurisdictions, FTI Consulting's services are provided through distinct legal entities that are separately capitalized and independently managed. FTX TRADING: Judge Bars SBF's Mother from Contacting Court ---------------------------------------------------------- Bob Van Voris of Bloomberg Law reports that U.S. District Judge Lewis Kaplan has declined to consider requests made by Barbara Fried on behalf of her son, Sam Bankman-Fried, ruling that she cannot participate in his legal efforts to secure a new trial. The judge stated that communications from family members, including letters and phone calls, would not be accepted. Kaplan acknowledged Fried's experience as a legal professional and academic but stressed that she is not a member of the defense team. As such, she does not have the authority to file motions or request relief in the case, even if she is acting in support of her son. Fried has argued that her involvement was limited to passing along Bankman-Fried's request for additional time, noting that he faces constraints in prison that make it difficult to prepare filings. These include restricted access to documents and an impending transfer to another facility. Bankman-Fried, who was convicted in 2023 for his role in the collapse of FTX, is seeking a new trial based on claims of new evidence and alleged bias during his original proceedings. The court has extended the deadline to March 23 for any formal requests, emphasizing that they must come directly from the defendant or his legal representatives. About FTX Trading Ltd. FTX is the world's second-largest cryptocurrency firm. FTX is a cryptocurrency exchange built by traders, for traders. FTX offers innovative products including industry-first derivatives, options, volatility products and leveraged tokens. Then CEO and co-founder Sam Bankman-Fried said Nov. 10, 2022, that FTX paused customer withdrawals after it was hit with roughly $5 billion worth of withdrawal requests. Faced with liquidity issues, FTX on Nov. 9 struck a deal to sell itself to its giant rival Binance, but Binance walked away from the deal amid reports on FTX regarding mishandled customer funds and alleged US agency investigations. At 4:30 a.m. on Nov. 11, Bankman-Fried ultimately agreed to step aside, and restructuring vet John J. Ray III was quickly named new CEO. FTX Trading Ltd (d/b/a FTX.com), West Realm Shires Services Inc. (d/b/a FTX US), Alameda Research Ltd. and certain affiliated companies then commenced Chapter 11 proceedings (Bankr. D. Del. Lead Case No. 22-11068) on an emergency basis on Nov. 11, 2022. Additional entities sought Chapter 11 protection on Nov. 14, 2022. FTX Trading and its affiliates each listed $10 billion to $50 million in assets and liabilities, making FTX the biggest bankruptcy filer in the US this year. According to Reuters, SBF shared a document with investors on Nov. 10 showing FTX had $13.86 billion in liabilities and $14.6 billion in assets. However, only $900 million of those assets were liquid, leading to the cash crunch that ended with the company filing for bankruptcy. The Hon. John T. Dorsey is the case judge. The Debtors tapped Sullivan & Cromwell, LLP as bankruptcy counsel; Landis Rath & Cobb, LLP as local counsel; and Alvarez & Marsal North America, LLC as financial advisor. Kroll is the claims agent, maintaining the page https://cases.ra.kroll.com/FTX/Home-Index The official committee of unsecured creditors tapped Paul Hastings as bankruptcy counsel; Young Conaway Stargatt & Taylor, LLP as Delaware and conflicts counsel; FTI Consulting, Inc. as financial advisor; and Jefferies, LLC as investment banker. Montgomery McCracken Walker & Rhoads LLP, led by partners Gregory T. Donilon, Edward L. Schnitzer, and David M. Banker, is representing Sam Bankman-Fried in the Chapter 11 cases. White collar crime specialist Mark S. Cohen has reportedly been hired to represent SBF in litigation. Lawyers at Paul Weiss previously represented SBF but later renounced representing the entrepreneur due to a conflict of interest. GENESIS HEALTHCARE: DOJ Unit Opposes Executive Bonus Plan --------------------------------------------------------- Alex Wolf of Bloomberg Law reports that Genesis Healthcare Inc. is facing opposition from the U.S. Department of Justice over its plan to issue annual incentive payments and a $1.4 million bonus package to senior executives during its bankruptcy. The government contends that the company has not sufficiently justified the proposed payouts. The U.S. Trustee's Office, in a March 13 submission to the Northern District of Texas bankruptcy court, argued that Genesis must demonstrate its executives are contributing above and beyond their normal roles. Absent that proof, the bonuses should not be authorized under bankruptcy law, the report states. Officials also challenged the company’s assertion that its leadership deserves extra compensation for managing a nearly $1 billion asset sale. The filing suggests that guiding such transactions is a routine responsibility for executives navigating Chapter 11 proceedings, not a basis for special incentives, according to Bloomberg Law. The dispute highlights ongoing tensions in bankruptcy cases over executive pay, particularly when creditors may face losses. Genesis now faces pressure to better align its bonus plan with performance-based benchmarks or risk having the proposal denied by the court, the report states. About Genesis Healthcare Inc. Based in Culver City, Calif., Genesis Healthcare Inc. is a medical group that provides physician services in Southern California. Genesis Healthcare has operated under the names Daehan Prospect Medical Group and Prospect Genesis Healthcare. Genesis Healthcare Inc. and several affiliated debtors sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex. Lead Case 25-80185) on July 9, 2025. In its petition, Genesis Healthcare Inc. listed between $1 billion and $10 billion in estimated assets and liabilities. The Hon. Bankruptcy Judge Stacey G. Jernigan handles the jointly administered cases. The Debtors employed McDermott Will & Schulte LLP as counsel; Jefferies LLC as investment banker; and Ankura Consulting Group, LLC, as restructuring advisors, and designated Louis E. Robichaux IV and Russell A. Perry as co-chief restructuring officers. Katten Muchin Rosenman LLP serves as special counsel at the sole direction of Jonathan Foster and Elizabeth LaPuma in their capacity as independent directors and members of the special investigation committee. The U.S. Trustee appointed an official committee of unsecured creditors in the Chapter 11 cases of Genesis Healthcare Inc. and affiliates. The committee retained Proskauer Rose LLP and Stinson LLP as its co-counsel; FTI Consulting, Inc., as its financial advisors; and Houlihan Lokey Capital, Inc. as its investment banker. GIRARD EARLY: Seeks Subchapter V Bankruptcy in Pennsylvania ----------------------------------------------------------- On March 9, 2026, Girard Early Childhood LLC filed for Chapter 11 protection in the Eastern District of Pennsylvania Bankruptcy Court. According to court filings, the Debtor reports between $0 and $100,000 in debt owed to 1–49 creditors. About Girard Early Childhood LLC Girard Early Childhood LLC is an early childhood education provider focused on delivering childcare and developmental learning services for young children. The organization typically offers structured programs designed to support early learning, social development, and school readiness within a supervised environment. Girard Early Childhood LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Pa. Case No. 26-10936) on March 9, 2026. In its petition, the Debtor reports estimated assets and liabilities each ranging from $0 to $100,000. Honorable Bankruptcy Judge Patricia M. Mayer handles the case. GOOD WORKS: MBFS Entitled to Administrative Expense Claim --------------------------------------------------------- Judge Derek J. Baker of the U.S. Bankruptcy Court for the Eastern District of Pennsylvania held that Mercedes-Benz Financial Services USA, LLC's request for an administrative expense claim for monthly obligations coming due after August 1, 2025 under a vehicle lease entered into with Good Works Housing LLC must be granted. The Debtor entered into a Motor Vehicle Lease Agreement (the "Lease") with Mercedes-Benz Financial Services USA, LLC ("MBFS") dated July 12, 2021. The Debtor took possession of a Mecedes-Benz G63W4 SUV (the "Vehicle") and agreed to make monthly payments to MBFS on the 12th of each month. The Lease called for 48 monthly payments of $3,604.41 per month, the last of which was due on July 12, 2025 (called in the Lease, the "Lease End"). The Lease provided the Debtor with a purchase option which could be exercised prior to or on the Lease End. Otherwise, the Debtor was obligated to return the Vehicle to MBFS on July 12, 2025. Failure to return the Vehicle at that time would place the Debtor in default and obligate the Debtor to pay the purchase price unless MBFS agreed to an extension in writing. Following that default, the Debtor would be obligated to continue making monthly payments of $3,604.41 each month until either (a) the total purchase price had been paid, (b) MBFS agreed to an extension, or (c) MBFS repossessed the vehicle. The Lease makes clear that any acceptance of such post-default payments does not give Debtor the right to keep the Vehicle. At an unspecified date in 2024, the Vehicle was severely damaged and taken to a repair lot and remains there to this day. The Debtor filed a voluntary petition for relief under chapter 11, subchapter V of the Bankruptcy Code on June 2, 2025. The order for relief was entered that same day. The Debtor has not actively used the Vehicle at any point after it was damaged in 2024. July 12, 2025 has come and gone. August 1, 2025 -- the 60th day after the order for relief -- has come and gone. The Debtor has not exercised any of its Lease End options (i.e., payment of the purchase option or return of the Vehicle) nor has the Debtor assumed or rejected the Lease. On January 12, 2026, the Debtor filed its Second Amended Plan Of Reorganization For Small Business Debtor Under Chapter 11, Subchapter V, Dated January 12, 2026 (the "Plan"). In the Plan, the Debtor proposed that the Lease would be "deemed rejected" as of the date of the filing of the Plan. To date, the Plan has not been confirmed. The Debtor has not made any postpetition payments to MBFS. According to Judge Baker, "Since the Lease is unexpired, Sec. 365 of the Bankruptcy Code applies. The Debtor is entitled to assume or reject the Lease within the time that the Bankruptcy Code permits. However, while the Debtor keeps the Lease 'in limbo' the Debtor is obligated to comply with the obligations imposed by Sec. 365(d)(5) of the Bankruptcy Code which arose after August 1, 2025. Here, the Debtor did not comply. The Lease required the Debtor to continue to make a monthly payment of $3,604.41 on the 12th of each month after August 1, 2025 until the Debtor purchased or surrendered the Vehicle. The Debtor failed to elect either alternative and must therefore bear liability for the missed payments." The Court concludes that MBFS is entitled to an administrative expense claim for $18,022.05, representing the five (5) payments that came due after August 1, 2025 (i.e., August 12, 2025 to December 12, 2025) as sought in the Motion. Further, MBFS is entitled to an on-going monthly administrative expense claim in the amount of $3,604.41 per month after December 12, 2025 (for each month not paid) until the earlier of either satisfaction of the Debtor's Lease End obligations or the effective date of the assumption or rejection of the Lease. A copy of the Court's Opinion dated March 13, 2026, is available at http://urlcurt.com/u?l=DA6q3Lfrom PacerMonitor.com. About Good Works Housing Good Works Housing LLC filed its voluntary Chapter 11 petition (Bankr. E.D. Pa. Case No. 25-12224) on June 2, 2025, listing up to $1 million in both assets and liabilities. Judge Derek J. Baker oversees the case. Roger V. Ashodian, Esq., at Regional Bankruptcy Center of Southeastern PA, PC, serves as the Debtor's counsel. GRACE AND FAVOR: Seeks Cash Collateral Access --------------------------------------------- Grace and Favor, LLC asks the U.S. Bankruptcy Court for the District of New Jersey Vicinage for authority to use cash collateral and provide adequate protection. The Debtor, a single-member LLC owned by Dr. Dawn Hutter, filed for Chapter 11 bankruptcy on June 21, 2025, operating as a debtor-in-possession of a single-asset real estate property located at 32-38 Roosevelt Avenue, Plainfield, New Jersey, which it purchased in 2019 from Crown Bank with a $104,200 SBA 7(a) loan. After renovations and obtaining a Certificate of Occupancy in 2022, the property's value appreciated to $431,900. The Debtor faced foreclosure after Crown Bank refused cure payments and denied loan modification, culminating in a final judgment of foreclosure in January 2025. The Debtor seeks authorization to use rent-generated cash collateral of $2,281 to maintain the property, fund administrative expenses, and implement a proposed Chapter 11 plan, which would repay Crown Bank 94% of its claim and pay off the loan over 60 months despite its original maturity of 2044. The property's $300,000 equity sufficiently protects the secured creditor, Crown Bank, which will retain its lien. A hearing on the matter is set for March 31, at 11 a.m. A copy of the motion is available at https://urlcurt.com/u?l=5irkjR from PacerMonitor.com. About Grace and Favor LLC Grace and Favor, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. N.J. Case No. 25-16554) on June 21, 2025. In the petition signed by Dawn Leah Hutter, managing member, the Debtor disclosed up to $500,000 in both assets and liabilities. Judge Stacey L. Meisel oversees the case. Jenee K Cicciarelli, Esq., at Law Offices of Wenarsky & Goldstein LLC, represents the Debtor as legal counsel. GRAND SLAM: Secures Court OK to Solicit Reorganization Plan Vote ---------------------------------------------------------------- Rick Archer of Law360 Bankruptcy Authority reports that on Thursday, March 12, 2026, a Delaware bankruptcy judge cleared the way for startup track‑and‑field league Grand Slam Track to send its Chapter 11 reorganization plan to its creditors for a vote, setting aside challenges from the unsecured creditors' committee. The objections focused on whether the plan's disclosure statement met the legal requirements for adequate disclosure, but the court determined it was sufficient for solicitation. Grand Slam Track was formed by Olympic medalist Michael Johnson with the aim of creating a new professional circuit for elite athletes, but financial difficulties forced the company into bankruptcy. As part of its restructuring, the plan before creditors involves an equity‑swap that would convert certain claims into ownership stakes in the reorganized entity, the report states. Supporters of the restructuring argue that approval of the plan will allow the league to secure necessary funding and relaunch its operations, potentially with backing from strategic investors and enhanced commercial arrangements. Moving to the voting phase brings the company closer to emerging from Chapter 11 with a viable business strategy, according to Law360. About Grand Slam Track Grand Slam Track, Inc. (GST, Inc.) is a California-registered corporation based in Los Angeles that operates the Grand Slam Track professional athletics league founded by four-time Olympic champion Michael Johnson, who serves as the league's commissioner. The Company organizes annual professional track-and-field competitions across U.S. and international cities, featuring contracted elite athletes in multiple racing categories. GST, Inc. functions as the legal corporate entity behind the league's events, athlete management, and promotion of professional track competitions. GST Inc. filed a voluntary petition under Chapter 11 of the Bankruptcy Code (Bankr. D. Del., Case No. 25-12188) on December 11, 2025. In the petition signed by Nicholas Rubin as chief restructuring officer, the Debtor reported estimated assets of $0 to $5,000 and estimated liabilities of $10 million to $50 million. The Hon. Karen Owens presides over the case. The Debtor tapped Reed Smith LLP and Levene, Neale, Bender, Yoo & Golubchik LLP as bankruptcy counsel. Kekst CNC serves as the Debtor's strategic communications firm, Force10 Partners acts as CRO provider, and Stretto Inc acts as claims and noticing agent to the Debtor. GWG HOLDINGS: Case Gets New Judge Amid Romance Controversy ---------------------------------------------------------- Alex Wittenberg of Law360 Bankruptcy Authority reports that the chief bankruptcy judge for the Southern District of Texas has taken over the Chapter 11 case of GWG Holdings, replacing the prior judge after a controversy involving an undisclosed relationship. The reassignment comes as part of broader efforts to address concerns about judicial impartiality in the district. GWG Holdings, which filed for bankruptcy amid financial distress, continues to navigate its restructuring process. The case involves ongoing disputes with creditors and efforts to manage the company's remaining assets, the report states. With the chief judge now presiding, the court aims to move the case forward with greater stability and transparency. The shift in leadership marks a new phase in the proceedings as stakeholders look ahead to key developments, according to Law360. About GWG Holdings Headquartered in Dallas Texas, GWG Holdings, Inc. (NASDAQ: GWGH) conducts its life insurance secondary market business through a wholly owned subsidiary, GWG Life, LLC, and GWG Life's wholly owned subsidiaries. GWG Holdings Inc. and affiliates sought Chapter 11 bankruptcy protection (Bankr. S.D. Texas Lead Case No. 22-90032) on April 20, 2022. In the petition filed by Murray Holland, president and chief executive officer, GWG Holdings disclosed between $1 billion and $10 billion in both assets and liabilities. Judge Marvin Isgur oversees the cases. The Debtors tapped Mayer Brown, LLP and Jackson Walker, LLP, as bankruptcy counsels; Tran Singh, LLP as special conflicts counsel; FTI Consulting, Inc. as financial advisor; and PJT Partners, LP, as investment banker. Donlin Recano & Company is the Debtors' notice and claims agent. National Founders LP, a debtor-in-possession (DIP) lender, is represented by Michael Fishel, Esq., Matthew A. Clemente, Esq., and William E. Curtin, Esq., at Sidley Austin, LLP. The U.S. Trustee for Region 7 appointed an official committee to represent bondholders in the Debtors' cases. The committee tapped Akin Gump Strauss Hauer & Feld, LLP and Porter Hedges, LLP, as legal counsels; Piper Sandler & Co. as investment banker; and AlixPartners, LLP as financial advisor. The Debtors obtained confirmation of their Further Modified Second Amended Joint Chapter 11 Plan on June 20, 2023. HABYT GMBH: Triplepoint PVC Marks $2.5M Loan at 72% Off ------------------------------------------------------- Triplepoint Private Venture Credit Inc. has marked its $2,500,000 loan extended to Habyt GmbH (f/k/a Common Living Inc.) to market at $690,000 or 28% of the outstanding amount, according to Triple PVC's 10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Triplepoint Private Venture Credit Inc. is a participant in a Growth Capital Loan extended to Habyt GmbH (f/k/a Common Living Inc.). The loan accrues interest at a rate of Prime + 6.50 % interest rate, 9.75 % floor, 9.25 % EOT payment / Prime + 6.50 % interest rate, 9.75 % floor, 7.25 % EOT payment per annum. The loan matures on Sept. 30, 2025. TriplePoint Private Venture Credit Inc. is a closed-end, externally managed, non-diversified management investment company that provides debt financing to venture growth-stage companies. The Fund is led by James P. Labe as Chief Executive Officer, Mike L. Wilhelms as Chief Financial Officer and Treasurer, and Sajal K. Srivastava as Chief Investment Officer, President and Director. The Fund can be reached at: James P. Labe TriplePoint Private Venture Credit Inc. 2755 Sand Hill Road, Suite 150 Menlo Park, CA 94025 Telephone: (650) 854-2090 About Habyt GmbH (f/k/a Common Living Inc Habyt GmbH (f/k/a Common Living Inc.) is a residential-focused growth-stage company, previously operating as Common Living Inc., that has raised growth capital financing to support its expansion. HANNA JESIONOWSKA: Seeks to Extend Plan Exclusivity to April 27 --------------------------------------------------------------- Hanna Jesionowska Practice LLC asked the U.S. Bankruptcy Court for the Southern District of New York to extend its exclusivity periods to file a plan of reorganization and obtain acceptance thereof to April 27 and June 29, 2026, respectively. The Debtor holds title to certain real property located at 159 East 74th Street, New York, New York (the "Real Property"). The Real Property is a medical office/condominium unit leased to Hanna Jesionwoska, a doctor for her use in her medical practice. The Debtor explains that it has moved expeditiously with respect to its obligations. On Feb. 18, the Debtor filed the Objection to the Claims of Board of Managers of Saga House Condominiums on behalf of the Debtor. The objection is returnable on March 26. Without an understanding as to the amounts of the claims being filed by this substantial creditor, it will be very difficult to file a Plan and Disclosure Statement. Hanna Jesionowska Practice LLC is represented by: Leo Fox, Esq. 630 Third Avenue, 18th Floor New York, NY 10017 Telephone: (212) 867-9595 E-mail: leo@leofoxlaw.com About Hanna Jesionowska Practice LLC Hanna Jesionowska Practice LLC operates a medical practice specializing in obstetrics and gynecology at 159 East 74th Street, Unit 1, New York, serving patients in the area. Hanna Jesionowska Practice LLC in New York NY, sought relief under Chapter 11 of the Bankruptcy Code filed its voluntary petition for Chapter 11 protection (Bankr. S.D.N.Y. Case No. 25-12501) on Nov. 7, 2025, listing as much as $1 million to $10 million in both assets and liabilities. Hanna Jesionowska as manager and sole member, signed the petition. LAW OFFICE OF LEO FOX, ESQ. serve as the Debtor's legal counsel. HARVARD BIOSCIENCE: Appoints Mark Frost as CFO and Treasurer ------------------------------------------------------------ Harvard Bioscience, Inc. disclosed in a regulatory filing that the Board of Directors appointed Mark Frost to serve as Chief Financial Officer and Treasurer of the Company. Mr. Frost served as the Company's Interim Financial Officer and Treasurer from April 10, 2025, to March 6, 2026. Compensatory Arrangements In connection with the appointment of Mr. Frost as the Company's Chief Financial Officer, the Company and Mr. Frost entered into an Amended and Restated Employment Agreement dated March 6, 2026. The Frost Employment Agreement supersedes and replaces that certain letter agreement dated April 10, 2025. The Frost Employment Agreement provides that Mr. Frost will receive an annual base salary of $375,000, subject to annual review beginning in 2027. The term of the Frost Employment Agreement will be until April 10, 2027, and it shall automatically be extended for two additional years following the end of the term then in effect, subject to terms in the Frost Employment Agreement. Mr. Frost will also be eligible to receive annual cash incentive compensation of up to 60% of his base salary, payable upon meeting objectives as determined by the Board or a committee thereof, from time to time in their sole discretion. In fiscal year 2026, Mr. Frost shall be eligible to receive annual equity grants, in the sole discretion of the Board or a committee thereof. For 2026, the target equity grant is anticipated to be 30,000 restricted stock units, post the Reverse Stock Split. The Frost Employment Agreement also requires the Company to provide certain payments and benefits in the event of a termination of Mr. Frost's employment. Such benefits include, without limitation, accrued and unpaid base salary to the date of termination, accrued and unused vacation, and in certain circumstances, target bonus amounts and other compensation earned for periods ended prior to the termination event. Severance and acceleration of vesting benefits are provided for certain termination events, including termination by the Company without cause, termination by Mr. Frost for good reason and termination in connection with a change-in-control, which are each defined in the Frost Employment Agreement. In some instances, Mr. Frost's receipt of such payments and other benefits in connection with such a termination is subject to Mr. Frost signing a general release of claims, as provided in the Frost Employment Agreement. A Full text copy of the Amended and Restated Employment Agreement is available at https://tinyurl.com/bdh9ehx6 About Harvard Bioscience, Inc. Harvard Bioscience, Inc. is a developer, manufacturer and seller of technologies, products and services that enable fundamental advances in life science applications, including research, drug and therapy discovery, bioproduction and preclinical testing for pharmaceutical and therapy development. The Company's products and services are sold globally to customers ranging from renowned academic institutions and government laboratories to the world's leading pharmaceutical, biotechnology and contract research organizations. With operations in the United States, Europe and China, the Company sells through a combination of direct and distribution channels to customers around the world. Hartford, Connecticut-based L J Soldinger Associates, LLC, the Company's auditor since 2017, issued a "going concern" qualification in its report dated March 13, 2025, attached to the Company's Annual Report on Form 10-K for the fiscal year ended February 28, 2025, citing that as of December 31, 2024, the Company was in default of certain debt covenants under its existing credit agreement, in which the Company had outstanding indebtedness of $37.4 million. As of September 30, 2025, the Company had $78 million in total assets, $63.9 million in total liabilities, and $14.1 million in total stockholders' equity. HARVARD BIOSCIENCE: Extends CEO John Duke's Employment Through 2027 ------------------------------------------------------------------- Harvard Bioscience, Inc. disclosed in a regulatory filing that it entered into an Amended and Restated Employment Agreement with John Duke, the Company's Chief Executive Officer. The Duke Employment Agreement supersedes and replaces that certain employment agreement entered into with Mr. Duke on July 16, 2025. The Duke Employment Agreement provides that Mr. Duke will receive an annual base salary of $515,000, subject to annual review beginning in 2027. The term of the Duke Employment Agreement is extended until July 16, 2027, and it shall automatically be extended for two additional years following the end of the term then in effect, subject to terms in the Duke Employment Agreement. In lieu of the annual bonus for fiscal year 2025, Mr. Duke will be eligible to be paid a cash bonus in the gross amount of $100,000, less applicable deductions and withholdings, based on the successful refinancing of the Company's credit facility. Mr. Duke will also be eligible to receive annual cash incentive compensation of up to 80% of his base salary, payable upon meeting objectives as determined by the Board or a committee thereof, from time to time in their sole discretion. In fiscal year 2026, Mr. Duke shall be eligible to receive annual equity grants, in the sole discretion of the Board or a committee thereof. For 2026, the target equity grant is anticipated to be 75,000 restricted stock units, post the 1:10 reverse stock split of the Company's common stock which, as previously announced, took effect on March 13, 2026. The Duke Employment Agreement also requires the Company to provide certain payments and benefits in the event of a termination of Mr. Duke's employment. Such benefits include, without limitation, accrued and unpaid base salary to the date of termination, accrued and unused vacation, and in certain circumstances, target bonus amounts and other compensation earned for periods ended prior to the termination event. Severance and acceleration of vesting benefits are provided for certain termination events, including termination by the Company without cause, termination by Mr. Duke for good reason and termination in connection with a change-in-control, which are each defined in the Duke Employment Agreement. In some instances, Mr. Duke's receipt of such payments and other benefits in connection with such a termination is subject to Mr. Duke signing a general release of claims, as provided in the Duke Employment Agreement. A Full text copy of the Amended and Restated Employment Agreement is available at https://tinyurl.com/38u8mc7n About Harvard Bioscience, Inc. Harvard Bioscience, Inc. is a developer, manufacturer and seller of technologies, products and services that enable fundamental advances in life science applications, including research, drug and therapy discovery, bioproduction and preclinical testing for pharmaceutical and therapy development. The Company's products and services are sold globally to customers ranging from renowned academic institutions and government laboratories to the world's leading pharmaceutical, biotechnology and contract research organizations. With operations in the United States, Europe and China, the Company sells through a combination of direct and distribution channels to customers around the world. Hartford, Connecticut-based L J Soldinger Associates, LLC, the Company's auditor since 2017, issued a "going concern" qualification in its report dated March 13, 2025, attached to the Company's Annual Report on Form 10-K for the fiscal year ended February 28, 2025, citing that as of December 31, 2024, the Company was in default of certain debt covenants under its existing credit agreement, in which the Company had outstanding indebtedness of $37.4 million. As of September 30, 2025, the Company had $78 million in total assets, $63.9 million in total liabilities, and $14.1 million in total stockholders' equity. HAWAIIAN ELECTRIC: S&P Affirms 'B+' ICR, Outlook Positive --------------------------------------------------------- S&P Global Ratings affirmed its 'B+' issuer credit ratings on Hawaiian Electric Industries Inc. (HEI), Hawaiian Electric Co. Inc. (HECO), Hawaii Electric Light Co. Inc., and Maui Electric Co. Ltd. and removed the ratings from CreditWatch, where S&P placed them with positive implications on June 27, 2025. S&P also affirmed 'BB' rating on HECO's senior unsecured debt and its 'B' short-term rating on HEI and HECO, including HEI's commercial paper. The positive rating outlooks on HEI and its subsidiaries, reflect the likelihood that key provisions of SB 897, which determines liability caps for wildfire-related economic damages and establishes a wildfire recovery fund will be finalized over the next 12 months. The positive outlooks also reflect S&P's expectation that the company will continue to gradually reduce its wildfire risk exposure, by consistently investing in its wildfire mitigation efforts, while maintaining FFO to debt of between 13% and 16%. Recently, HEI reported its full-year 2025 funds from operations (FFO) to debt at 11.4%, which was largely in line with S&P's base-case expectation. Additionally, on Dec. 31, 2025, Hawaii Public Utilities Commission (HPUC) postponed the creation of a state level wildfire recovery fund and recommended further actuarial study for the determination of liability caps on damages arising from future catastrophic wildfires, which will likely take an additional 12 months to conclude. S&P said, "We also expect the company will continue making significant investments in its wildfire mitigation efforts, gradually lessening its wildfire risk exposure. "We believe key provisions of SB897 to determine liability caps and state-level wildfire fund will be established over the next several months. On Dec. 31, 2025, the HPUC completed its study related to the establishment of a state-level wildfire recovery fund for damages arising from future catastrophic wildfires. The commission concluded that while such a fund is necessary for utility stability, its creation should be postponed until related issues, including liability caps, are addressed. Currently, the HPUC is engaged in a rulemaking process to determine an aggregate liability cap on the economic damages for which utilities can be held accountable. Given that the fund's required size will depend on these liability caps, the HPUC recommended conducting an additional actuarial study in 2026 to appropriately size the fund once the legal caps are established. Overall, we now expect that this entire process could take an additional 12 months. Our removing of HEI's ratings from CreditWatch with positive implications, affirming its ratings and revising the outlook to positive, reflects our view that we expect that the regulatory process will take longer than our previous expectations. "We expect HEI to remain focused on reducing its wildfire risk. In December 2025, the HPUC approved HECO's 2025–2027 Wildfire Mitigation Plan (WMP), which includes an investment of approximately $500 million (including around $95 million of federal grants) aimed at enhancing grid resilience. The approval also included the formalization of the Public Safety Power Shutoff (PSPS) program, initially authorized in July 2024. Furthermore, HPUC ordered HECO to conduct more detailed risk modeling and establish clearer timelines for vegetation management in its 2026-2027 update. Overall, we believe these measures indicate HECO will continue to proactively refine and improve upon its wildfire risk mitigation efforts, gradually lessening its wildfire risk exposure. "Our base case assumes the $4 billion global settlement will be finalized in its current form. In February 2026, the Hawaii Supreme court affirmed that the subrogation insurers do not have a protectable interest in objecting to the previously reached class settlement. We believe this development is in line with our expectations and that the global settlement will be finalized in its current form. We expect HEI will disperse its share of the first installment (about $500 million) of the 2023 Maui Wildfire related settlement in 2026. We expect that the remaining installment payments will also be funded in a credit supportive manner." HEI and HECO have improved their liquidity positions over the past several months. In September 2025, both entities expanded their revolving credit facilities to $300 million (up from $175 million and $200 million, respectively). Furthermore, the companies have paid down outstanding balances that were fully drawn after the 2023 Maui wildfires, effectively increasing their available borrowing headroom under their credit facilities. The positive rating outlooks on HEI and its subsidiaries reflect the likelihood that key provisions of SB 897, which determines liability caps for wildfire-related economic damages and establishes a wildfire recovery fund will be finalized over the next 12 months. The positive outlooks also reflect S&P's expectation that the company will continue to gradually reduce its wildfire risk exposure, by consistently investing in its wildfire mitigation efforts, while maintaining FFO to debt of between 13% and 16%. S&P could revise the outlook on HEI and its subsidiaries to stable over the next 12 months if: -- Key provisions of the liability cap and the wildfire fund are insufficient to protect HEI's credit quality; or -- S&P concludes the company's wildfire mitigation efforts do not sufficiently reduce its wildfire risk exposure; or -- HEI's FFO to debt weakens to remain consistently below 12%. S&P could raise its ratings on HEI and its subsidiaries over the next 12 months if: -- Key provisions of the liability caps and state-level wildfire recovery fund adequately protect HEI's credit quality; or -- The company continues to demonstrate improvement in its wildfire mitigation efforts, reducing business risk; or -- HEI's FFO to debt is consistently greater than 18%, without an increase to business risk. HAWTHORNE RACE: US Trustee Appoints 3-Member Creditors' Committee ----------------------------------------------------------------- Clara Geoghegan of Law360 Bankruptcy Authority reports that a three-member official committee of unsecured creditors has been appointed by the U.S. Trustee's Office in the Chapter 11 proceedings of a Chicago-area horse racing track. The committee is composed of creditors from within the horse racing industry, reflecting the nature of the debtor's business. The inclusion of industry participants ensures that the unique aspects of the horse racing sector are considered during the restructuring process. These creditors are expected to represent a range of interests tied to the track’s operations and financial obligations, according to report. As part of its role, the committee will oversee aspects of the bankruptcy case, review financial disclosures, and engage in negotiations regarding the debtor’s restructuring plan. Its formation signals an important development in the case as stakeholders work toward a resolution, the report cites. About Hawthorne Race Course Inc. Hawthorne Race Course Inc. operates a historic racetrack that provides Thoroughbred and Standardbred racing events along with off-track betting throughout Chicago. Hawthorne Race Course Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 26-03505) on February 27, 2026. In its petition, the Debtor reports assets ranging from $50 million to $100 million and liabilities between $100 million and $500 million. Honorable Bankruptcy Judge Timothy A. Barnes handles the case. The Debtor is represented by Barry A. Chatz, Esq. of Saul Ewing Arnstein & Lehr LLP. Getzler Henrich & Associates serves as Financial Advisor, Omni Agent Solutions as Claims Agent. HEMASOURCE INC: Barings CI Marks $3.4MM Loan at 57% Off ------------------------------------------------------- Barings Corporate Investors has marked its $3,422,398 loan extended to HemaSource, Inc. to market at $1,477,764 or 43% of the outstanding amount, according to Barings CI’s N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission on March 9, 2026. Barings Corporate Investors is a participant in a Senior term loan extended to HemaSource, Inc. The loan accrues interest at a rate of 8.22% (SOFR + 4.500%) per annum. The loan matures on Aug. 31, 2029. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About HemaSource, Inc. HemaSource, Inc. is a technology-enabled distributor of consumable medical products serving plasma collection centers. HERNAN REYES: Gets Extension to Access Cash Collateral ------------------------------------------------------ Hernan Reyes M.D. S.C. received another extension from the U.S. Bankruptcy Court for the Northern District of Illinois, Eastern Division, to use the cash collateral of Kapitus Servicing, Inc. Under the interim order, the Debtor is authorized to use cash collateral through March 24, strictly for essential business expenses including payroll and payroll-related expenses, with total payments not exceeding $8,120.74, plus applicable employer payroll taxes during the interim period. Spending must comply with the approved budget and the Debtor is prohibited from using pre-bankruptcy collateral outside the terms of the order. As adequate protection, the Debtor must continue its monthly payments of $5,500 to Kapitus until a Chapter 11 plan is confirmed. Payments must be made through ACH transfer, and the creditor is authorized to debit the Debtor's designated bank account. If an ACH payment is rejected, the Debtor must pay a $75 fee for each failed transaction. In addition, Kapitus will be granted replacement liens on all post-petition assets with the same priority and validity as its pre-bankruptcy liens, along with an administrative expense priority claim to protect against any decline in collateral value resulting from the use of cash collateral. The order further required the Debtor to maintain insurance coverage, preserve collateral, and avoid transferring or disposing of assets outside the ordinary course of business without court approval. The order is available at https://shorturl.at/kwsnO from PacerMonitor.com. The next hearing is set for March 24. About Hernan Reyes M.D. S.C. Hernan Reyes M.D. S.C. filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. N.D. Ill. Case No. 25-19154) on December 15, 2025, with $500,001 to $1 million in assets and $100,001 to $500,000 in liabilities. Judge Jacqueline P. Cox presides over the case. Alexander Tynkov, Esq., at Zalutsky & Pinski, Ltd. represents the Debtor as legal counsel. HHSP LLC: Voluntary Chapter 11 Case Summary ------------------------------------------- Debtor: HHSP LLC Hunter's Hot Spring; Neon Cowboy Lounge; The Medicine Room 18088 US Highway 395 Lakeview, OR 97630 Business Description: Boutique lodging, a rustic western-themed restaurant and bar, and natural hot springs pools are provided by HHSP LLC, doing business as Neon Cowboy Roadhouse + Hot Springs, in Lakeview, Oregon. The establishment caters to both travelers and locals with hearty American fare served daily, a fully stocked bar, and on-site geothermal pools. Located on US Route 395 just north of downtown Lakeview, the property also hosts events and offers casual entertainment amid its vintage roadhouse atmosphere. Chapter 11 Petition Date: March 16, 2026 Court: United States Bankruptcy Court District of Oregon Case No.: 26-60639 Debtor's Counsel: Gabriel A. Watson, Esq. WATSON LAW OFFICE PC 5201 SW Westgate Drive, Suite 201 Portland OR 97221 Tel: 503-376-5446 E-mail: gaw@watsonlawpc.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Gabriel A. Watson as authorized representative of the Debtor. The Debtor did not submit a list of its 20 largest unsecured creditors along with the petition. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/KALUJWY/HHSP_LLC__orbke-26-60639__0001.0.pdf?mcid=tGE4TAMA HIGH WIRE: Dennis O'Leary Acquires 80% Equity Stake in Thoth Deal ----------------------------------------------------------------- Dennis M. O'Leary, disclosed in a Schedule 13D filed with the U.S. Securities and Exchange Commission that as of March 3, 2026, he beneficially owns 16,597,353 shares of common stock par value $0.00001 per share of High Wire Networks, Inc., representing 80% of the shares outstanding on a fully diluted basis (excluding 1,000 shares of Series B Preferred Stock, which are entitled to vote 51% of the outstanding votes). The 1,000 Preferred Shares beneficially owned by Mr. O'Leary were purchased from Mark W. Porter for $1.00 at the closing of the transactions contemplated by the Securities Exchange Agreement. On March 3, 2026, the Issuer entered into a Securities Exchange Agreement with Thoth, Mr. O'Leary (as the sole shareholder of Thoth), and Mark W. Porter, the Issuer's sole officer and director immediately prior to the closing and a holder of shares of the Issuer's Series B Preferred Stock. Pursuant to the Securities Exchange Agreement, at the closing on March 3, 2026, Mr. O'Leary transferred all of the issued and outstanding securities of Thoth to the Issuer in exchange for the issuance by the Issuer of 16,597,353 Common Shares, representing 80% of the issued and outstanding capital stock of the Issuer on a fully diluted basis immediately after the Closing. The number of Common Shares issued to Mr. O'Leary was calculated pursuant to the following formula: Shares = (Target Percentage (multiply) Total Outstanding Shares) (division) (1 - Target Percentage), where Target Percentage equals 80% and Total Outstanding Shares means all issued and outstanding shares of Common Stock plus all shares issuable upon exercise or conversion of options, warrants, convertible securities and other rights, whether or not then exercisable or vested, on a fully diluted basis immediately prior to the issuance of the shares to Mr. O'Leary. In addition, at the Closing, Mark W. Porter sold 1,000 Preferred Shares to Mr. O'Leary for $1.00. The 1,000 Preferred Shares constitute all of the Series B Preferred Stock of the Issuer issued and outstanding as of the Closing and provide voting control of the Issuer. At the Closing, the existing officers and directors of the Issuer resigned from all offices they held with the Issuer and from their positions as officers and directors of the Issuer, and Mr. O'Leary was appointed as a director and sole executive officer of the Issuer effective as of the Closing. Dennis M. O'Leary may be reached through: Brian Higley, Esq. 14888 Auburn Sky Drive, Draper, UT 84020 Tel: 801-634-1984 A full-text copy of Dennis M. O'Leary's SEC report is available at: https://tinyurl.com/bdyzj2mw About High Wire High Wire Network, Inc., incorporated on Jan. 20, 2017, is a global provider of managed cybersecurity, managed networks, and tech-enabled professional services delivered exclusively through a channel sales model. The Company's Overwatch managed security platform-as-a-service offers organizations end-to-end protection for networks, data, endpoints, and users via multiyear recurring revenue contracts in this fast-growing technology segment. HWN has continuously operated under the High Wire Networks brand for 23 years. Draper, Utah-based Sadler, Gibb & Associates, LLC, the Company's auditor since 2014, issued a "going concern" qualification in its report dated March 31, 2025, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2024, citing that the Company has incurred losses since inception, has negative cash flows from operations, and has negative working capital, which creates substantial doubt about its ability to continue as a going concern. As of September 30, 2025, the Company had $1,228,300 in total assets, $7,402,284 in total liabilities, and a total stockholders' deficit of $6,173,984. HILB GROUP: Barings CI Marks $1.61 million Loan at 22% Off ---------------------------------------------------------- Barings Corporate Investors has marked its $1,612,253 million loan extended to The Hilb Group, LLC to market at $1,264,50 or 78% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a loan extended to The Hilb Group, LLC. The loan accrues interest at a rate of 8.47% (SOFR + 4.750%) per annum. The loan matures on Oct. 31, 2031. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About The Hilb Group, LLC The Hilb Group, LLC is an insurance brokerage platform providing insurance and employee benefits programs to middle-market companies, primarily along the Eastern Seaboard. HOLLYWOOD HORIZONS: Secured Party Sets April 29 Auction ------------------------------------------------------- In accordance with applicable provisions of the Uniform Commercial Code as enacted in New York, by virtue of certain Events of Default under those certain Ownership Interests Pledge and Security Agreement(s), dated as of May 16, 2022 (the "Pledge Agreements"), executed and delivered by HOLLYWOOD HORIZONS MEMBER: LLC and CG HILLSBORO SHORES MEMBER LLC (collectively, the "Pledgors" and/or "Mezzanine Borrowers"), and in accordance with it rights as holder, of the security, HOLLYWOOD POMPANO LENDER 2 LLC (the "Secured Party"), by virtue of possession of those certain Share Certificates, held in accordance with Article 8 of the Uniform Commercial Code of the State of New York (the "Code"), and by virtue of those certain UCC-1 Filing Statements made in favor of Secured Party, all in accordance with Article 9 of the Code, Secured Party will offer for sale, at public auction: (i) all of Pledgors' right, title, and interest in and to the following: CG HILLSBORO SHORES OWNER LLC and HOLLYWOOD: HORIZONS OWNER LLC (collectively, the "Pled Entities") and (ii) certain related rights and property relating thereto (collectively, (i) and (ii) are the "Collateral", Secured Party's understanding is that the principal asset of the Pledged Entities are the premises located at (i) 2629 North Riverside Drive, Pompano Beach, FL, (ii) 2507 N Ocean Blvd., Pompano Beach, FL., and (iii) 101 North Ocean Drive, Hollywood, FL (collectively, the "Property"). Mannion Auctions, LLC ("Mannion"), under the direction of Matthew D. Mannion (the "Auctioneer"), will conduct a public sale consisting of the Collateral (as set forth in Schedule A below, via online bidding, on April 29, 2026 at 4:00 p.m., in satisfaction of an indebtedness in the approximate amount of $22,837,527.30, including principal, interest on principal and reasonable fees and costs, plus default interest through April 29, 2026, subject to open charges and all additional costs, fees and disbursements permitted by law. The Secured Party reserves the right to credit bid. The UCC sale was originally scheduled for December 22, 2025, and thereafter, adjourned to January 21, 2026, January 28, 2026 and February 23, 2026. Online bidding will be made available via Zoom Meeting: Meeting link: https://bit,ly/HollywoodUCC Meeting ID: 811 7381 9425 Passcode: 438147 One Tap Mobile: +16469313860,,81173819425#,,,,*438 147# US +16465588656,,811738194254#,,,,* 438147# US (New York) Dial by your location: +1 646931 3860 US +1 646 558 8656 US (New York). Bidder Qualification Deadline: Interested parties who intend to bid on the Collateral must contact Brett Rosenberg at Jones Lang LaSalle Americas, Inc. ("JLL"), 330 Madison Avenue, New York, NY 10017, (212) 812-5926, Brett.Rosenberg@jll.com, to receive the Terms and Conditions of Sale and bidding instructions by April 27, 2026 by 4:00 p.m. (EST). Upon execution of a standard confidentiality and nondisclosure agreement, which can be found at the following link www.PompanoBeachandHollywoodFloridaUCCSale.com, additional documentation and information will be available. Interested parties who do not contact JLL and qualify prior to the sale will not be permitted to enter a bid. SCHEDULE A: PLEDGED INTEREST: (i) PLEDGOR: CG HILLSBORO SHORES MEMBER, LLC, a Delaware limited liability company. ISSUER: CG HILLSBORO SHORES OWNER LLG, a Delaware limited liability company. INTEREST PLEDGED: 100% limited liability company interests. The UCCI was filed on June 7, 2022, with the Delaware Department of State under Filing No. #220224781696. (ii) PLEDGOR: HOLLYWOOD HORIZONS MEMBER LLC, a Delaware limited liability company. ISSUER: HOLLYW00D HORIZONS OWNER LLC, : Delaware limited liability company. INTEREST PLEDGED: 100% limited liability company interests. The UCC1 was filed on June 7, 2022, with the Delaware Department of State under Filing No. #20224781548. KRISS & FEUERSTEN LLP, Attn: Jerold C. Feuerstein, Esq., Attorneys for for Secured Party, 360 Lexington Avenue, Suite 1200, New York, New York 10017, (212) 661-2900. HOUSTON GRACE: Seeks to Tap McCardell Law Firm as Counsel --------------------------------------------------------- The Houston Grace Church seeks approval from the U.S. Bankruptcy Court for the Southern District of Texas to employ The McCardell Law Firm, PLLC as counsel. The firm will render these services: (a) assist the Debtor with the resolution of all contested claims; (b) assist the Debtor with the proposing, prosecuting, and consummating the plan of reorganization; (c) advise the Debtor with regard to any litigation matters that exist or might arise prior to confirmation of the plan of reorganization; (d) prepare all appropriate pleadings to be filed in this case; and (e) perform any other legal services that may be appropriate in connection with this reorganization case. The firm will be paid at these hourly rates: Aaron McCardell, Sr., Attorney $400 Associate Attorney $250 - $300 Paralegal $75 - $105 Mr. McCardell 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: Aaron W. McCardell Sr., Esq. The McCardell Law Firm, PLLC 440 Louisiana Street, Suite 1575 Houston, TX 77002 Telephone: (713) 236-8736 Facsimile: (713) 236-8990 Email: amccardell@mccardelllaw.com About The Houston Grace Church The Houston Grace Church filed for protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-31460) on March 3, 2026, listing up to $10 million in both assets and liabilities. The Debtor tapped Aaron W. McCardell Sr., Esq., at The McCardell Law Firm, PLLC as counsel. HUGHTON LLC: Hires Rosenbaum Sobel Weinrub & Burns as Accountant ---------------------------------------------------------------- Hughton, LLC seeks approval from the U.S. Bankruptcy Court for the Southern District of Florida to employ Rosenbaum Sobel Weinrub & Burns LLC as accountant. The firm's services include: (a) prepare all required federal and state income tax returns for the Debtor and its member as required and as it relates to its financial activity; (b) create and update the accounting records for the Debtor from the time it first had financial activity or acquired assets; (c) consult with the Debor and its counsel regarding any tax or accounting issues that arise; and (d) perform any other accounting and advisory services that the Debtor requires or requests. The firm received a postpetition retainer of $10,000 from the Debtor. Steven Rosenbaum, CPA, at Rosenbaum Sobel Weinrub & Burns, 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: Steven Rosenbaum, CPA Rosenbaum Sobel Weinrub & Burns LLC 600 North Pine Island Road, Suite 350 Plantation, FL 33324 Telephone: (954) 744-8440 About Hughton LLC Hughton LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-12621) on Mar. 2, 2026. In its petition signed by Knox Golding, managing member, the Debtor disclosed up to $50,000 in assets and up to $10 million in liabilities. The Debtor tapped Angelena M. Conant, Esq., at Angelena M. Root, PA as counsel and Steven Rosenbaum, CPA, at Rosenbaum Sobel Weinrub & Burns LLC as accountant. ICE HOUSE: Barings CI Marks $2.3MM Loan at 20% Off -------------------------------------------------- Barings Corporate Investors has marked its $2,337,230 million loan extended to Ice House America to market at $1,867,444 or 80% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to Ice House America. The loan accrues interest at a rate of 9.91% (SOFR + 6.000%) per annum. The loan matures on Jan. 12, 2030. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Ice House America Ice House America is a manufacturer and operator of automated ice and water vending units with a large installed base concentrated in the Southeastern United States. INDITEX VENTURES: Chris Quinn Named Subchapter V Trustee -------------------------------------------------------- The U.S. Trustee for Region 7 appointed Chris Quinn as Subchapter V trustee for IndiTex Ventures, LLC. Mr. Quinn will be paid an hourly fee of $425 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Quinn declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Chris Quinn 26414 Cottage Cypress Lane Cypress, TX 77433 Phone: 713-498-8500 Email: chris.quinn2021@outlook.com About IndiTex Ventures LLC IndiTex Ventures, LLC operates a Pet Supplies Plus franchise in Houston, Texas, providing retail pet products and grooming services. The Debtor filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. S.D. Texas Case No. 26-31376) on March 1, 2026. In the petition signed by Leticia Hess, manager, the Debtor disclosed up to $50,000 in assets and up to $1 million in liabilities. Judge Jeffrey P. Norman oversees the case. William Haddock, Esq., at Pendergraft & Simon LLP, represents the Debtor as legal counsel. INFINITY NATURAL: S&P Assigns 'B' ICR, Outlook Stable ----------------------------------------------------- S&P Global Ratings assigned its 'B' issuer credit rating to publicly traded, U.S.-based oil and gas exploration and production (E&P) company Infinity Natural Resources Inc. S&P said, "At the same time, we assigned our 'B-' issue-level rating and '5' recovery rating to the company's proposed $500 million senior unsecured notes due 2031. The '5' recovery rating indicates our expectation for modest (10%-30%; rounded estimate: 10%) recovery of principal to creditors in the event of a payment default. "The stable outlook reflects our expectation that Infinity will improve its funds from operations (FFO) to debt to the 40%-45% range in 2027 (from 35%-40% in 2026), supported by oil and natural gas production growth, while maintaining adequate liquidity." Infinity has announced an offering of $500 million of senior unsecured notes due 2031 (to be issued by its subsidiary Infinity Natural Resources LLC). The company intends to use net proceeds to repay a portion of the outstanding borrowings under its $875 million reserve-based lending (RBL) credit facility due 2028 (about $460 million drawn as of Feb. 28, 2026), as well as for general corporate purposes. The rating reflects Infinity's relatively small scale and limited geographic diversity, which are partly offset by its complementary midstream assets. As of year-end 2025 (and pro forma for the Antero asset acquisition completed in 2026), the company had just over 1,700 billion cubic feet equivalent (bcfe) of proved reserves (about 71% of which are natural gas) and we expect 2026 production to average about 360 million cubic feet equivalent per day (mmcfe/d), levels which are in line with peers in the vulnerable business risk category. Infinity's reserves and production are located on about 174,000 net acres in the Appalachian Basin, including about 47% of its pro forma production in the Utica volatile oil play in eastern Ohio, 21% in the Utica oil, liquids-rich, and dry gas plays in southeastern Ohio, and about 32% in the dry gas Marcellus play in southern Pennsylvania. The company also holds undeveloped acreage in the Utica deep dry gas play in central Pennsylvania. This acreage diversity enables Infinity to allocate its capital toward oil, liquids-rich, or dry gas-focused plays based on relative commodity prices. About 46% of the company's proved reserves are classified as undeveloped, which is modestly higher than many of its peers, and we believe proved undeveloped reserves carry greater development and capital cost risk relative to already-developed, producing reserves. Infinity also owns complementary midstream assets in Pennsylvania and Ohio--including gathering lines, compressor facilities, water lines, and water storage--that reduce its costs, provide it with flow assurance, and enable it to generate third-party revenue. S&P said, "We expect Infinity will significantly expand its production over the next two years from both organic and inorganic sources. The company has already completed two acquisitions in 2026, including its $36 million purchase of E&P assets from Chase Oil in January and its roughly $720 million acquisition of E&P and midstream assets from Antero Resources and Antero Midstream in February. Combined, these transactions added over 30% to Infinity's production and year-end proved reserves. The Antero package included an extensive midstream business (currently underutilized) that Infinity expects to use to sell capacity to third parties. The company plans to run two rigs this year--one on the Antero assets (in southeastern Ohio) and one initially in the Pennsylvania Marcellus--with plans to drill about 40 total wells. Infinity estimates it has a drilling inventory of approximately 400 horizonal locations, 57% in the Ohio Utica and 43% in the Pennsylvania Marcellus and Utica, or about 10-12 years of inventory based on a two-rig program. Nearly all Infinity's acreage is held-by-production (HBP), thus it can be flexible with where it deploys its rigs to capture the highest-priced commodity. Overall, we expect the company's production will average 360 mmcfe/d in 2026, up 70% relative to 2025, and rise another 30%-35% in 2027 assuming an active drilling and completion program. "We expect the company will improve its credit metrics over the next 12 months but generate negative free operating cash flow (FOCF) in 2026 and 2027. We forecast Infinity's FFO to debt will be 35%-40% in 2026 before increasing to 40%-45% in 2027 as it expands its production. The company has set its 2026 capital budget (including drilling and completions, land, and midstream) at $450 million-$500 million, which we expect it will increase in 2027. Therefore, we anticipate Infinity will generate negative FOCF in 2026 and 2027. Nevertheless, we expect the company will maintain adequate liquidity, including nearly full availability under its $875 million RBL facility maturing 2028 (following the proposed notes issuance). Infinity is also an active hedger and has already hedged over two-thirds of this year's natural gas and 40% of this year's crude oil volumes. Although management stretched its leverage ratio for the Antero acquisition, it intends to return its debt to EBITDA toward its target level of 1.0x or less over the next two years. "The stable outlook reflects our expectation that Infinity will improve its credit ratios over the next two years as it increases its production on its legacy and recently acquired assets while maintaining adequate liquidity. We forecast the company's FFO to debt will be 35%-40% in 2026 and in the 40%-45% range in 2027. "We could lower our rating on Infinity if its credit measures weaken, such that its FFO to debt falls below 30% for a sustained period, or its liquidity weakens. This would most likely occur if the company's production falls short of expectations, its capital expenditure (capex) exceeds anticipated levels, or it completes a debt-financed acquisition that doesn't add to its near-term cash flows. "While not likely over the near term, we could raise our rating on Infinity if it expands its reserves and production levels in line with those of its higher-rated peers and we expect it will strengthen its credit measures, including maintaining FFO to debt comfortably above 45% on a sustained basis and generating positive FOCF. This would most likely occur if the company continues to expand its asset base organically or through prudently-funded acquisitions while improving its capital efficiency." INSPIRED HEALTHCARE: Holland & Knight Represents DST Investors -------------------------------------------------------------- In the Chapter 11 bankruptcy cases of Inspired Healthcare Capital Holdings, LLC, and its debtor-affiliates, Holland & Knight, LLP filed with the United States Bankruptcy Court for the Northern District of Texas, Fort Worth Division, a Verified Statement pursuant to Bankruptcy Rule 2019 to inform the Court that the firm represents the Ad Hoc Group of Unencumbered DST Investors. According to the group's Verified Statement: 1. Each Unencumbered DST Investor holds beneficial interests in one or more Delaware Statutory Trusts, which are currently Debtors in this case. The DSTs in which the Unencumbered DST Investors invested are unencumbered by prepetition secured debt and are believed to have positive cash flow. 2. Each Unencumbered DST Investor may also hold unsecured claims against Debtors which are not DST Debtors in this case in connection with the Non-DST Debtors' management of and business relations with the DST Debtors. 3. The Debtors' Consolidated List of Equity Interest Holders and Corporate Ownership Statement Pursuant to Fed. Bankr. P. 1007(a)(1), 1007(a)(3), and 7007.1 identifies only the investors holding more than 10% of the beneficial interests in each of the 31 DST Debtors and does not include any of the Unencumbered DST Investors. The Debtors have indicated that over 2,200 DST Investors hold beneficial interests in one or more of the 31 DST Debtors, and most are not listed individually in the Debtors' disclosures. 4. Counsel for the Unencumbered DST Investors was originally approached to represent only Lisa Pugliese and Eric Dortch, which had invested in Inspired Senior Living of Naperville DST through an entity named Red Lad, LLC, in connection with the Debtors' Emergency Motion for Entry of Interim and Final Orders (I) Authorizing (A) Postpetition Financing and (B) The Use of Cash Collateral, (II) Granting Liens and Providing Superpriority Administrative Expense Claims, (III) Granting Adequate Protection to Prepetition Secured Parties, (IV) Modifying the Automatic Stay, (V) Scheduling Final Hearing, and (VI) Granting Related Relief (Docket No. 28, the "DIP Motion"). However, such investors reached out to other investors and joined together with the additional Unencumbered DST Investors pursuant to an amended engagement letter to promote the interests of such investors in maximizing the value of their investments in certain unencumbered DSTs that are believed to have positive cash-flows. 5. While the Unencumbered DST Investors have been approached by dozens of other DST investors about potentially joining the Unencumbered DST Investors in the future, at this time the Unencumbered DST Investors do not purport to represent anyone other than the Unencumbered DST Investors. Specifically, Holland & Knight does not represent the Unencumbered DST Investors as a "committee" (as such term is used in the Bankruptcy Code and Bankruptcy Rules) and does not undertake to represent the interests of, and are not fiduciaries for, any creditor, party-in-interest , or other entity that has not signed an engagement letter with Holland & Knight. This disclosure shall be updated from time to time to reflect additional Unencumbered DST Investors as necessary. 6. Nothing contained in this Verified Statement should be construed as a limitation upon, or waiver of, any rights of any of the Unencumbered DST Investors, their respective affiliates, or any other entity, or an admission with respect to any fact or legal theory. Nothing should be construed as a limitation upon, or waiver of, any rights of Unencumbered DST Investors to assert, file, and/or amend any claim or proof of claim in accordance with applicable law and any orders entered in these cases. 7. Nothing contained in this Verified Statement is intended or shall be construed to constitute: -- a waiver or release of the rights of any of the Unencumbered DST Investors to have any final order entered by, or other exercise of the judicial power of the United States performed by, an Article III court; -- a waiver or release of the rights of any of the Unencumbered DST Investors to have any and all final orders in any and all non-core matters entered only after de novo review by a United States District Judge; -- consent to the jurisdiction of the Court over any matter; -- an election of remedy; -- a waiver or release of any rights that any of the Unencumbered DST Investors may have to a jury trial; -- a waiver or release of the right to move to withdraw the reference with respect to any matter or proceeding that may be commenced in these Bankruptcy Cases against or otherwise involving any of the Unencumbered DST Investors; or -- a waiver or release of any other rights, claims, actions, defenses, setoffs, or recoupments to which any of the Unencumbered DST Investors are or may be entitled under the terms of their notes, in law or in equity, applicable law, or under any agreement or otherwise, with all such rights, claims, actions, defenses, setoffs, or recoupments being expressly reserved in all respects. 8. The Unencumbered DST Investors, through its undersigned counsel, reserves the right to amend or supplement this Statement in accordance with the requirements of Rule 2019 at any time. The names, addresses, and disclosable economic interests as of March 16, 2026, of all of the current members of the Unencumbered DST Investors, are: 1. Red Lad, LLC, Lisa Pugliese-Dorth, and Eric Dortch DST Community - Naperville Investment - $2,898,283.29 2. Daniel Calabro DST Community - Naperville Investment - $271,978.29 3. James Dovel DST Community - Naperville Investment - $133,909.40 4. Jamie Todd DST Community - Naperville Investment - $160,560.01 5. Frank Jacobson DST Community - Naperville Investment - $250,000.00 6. 821 S 24th LLC, Tom Adams, and Tony Adams DST Community - Naperville Investment - $145,480.04 7. Properties Plus of Wisconsin LLC, Tom Adams, and Tony Adams DST Community - Appleton Investment - $227,611.32 8. Stephen Goldbart DST Community - Largo Investment - $250,000.00 9. Andrew Condey, as trustee of the Condey-Kaplan Family Living Trust DST Community - Largo Investment - $250,000.00 Total - $4,587,822.35 Counsel for the Ad Hoc Group of Unencumbered DST Investors: Steven J. Levitt, Esq. Holland & Knight, LLP One Arts Plaza 1722 Routh Street, Suite 1500 Dallas, TX 75201 Tel: (214) 964-9481 E-mail: Steven.levitt@hklaw.com About Inspired Healthcare Capital Holdings, LLC Inspired Healthcare Capital Holdings, LLC, owns senior living communities across the U.S. that provide independent living, assisted living and memory care services. It operates in the senior housing and healthcare real estate sector, with day-to-day community operations managed by third-party operators under management agreements, while the Company retains control over non-community business functions. Inspired Healthcare Capital Holdings sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Texas Lead Case No. 26-90004) on Feb. 2, 2026. In the petition signed by M. Benjamin Jones, chief restructuring officer, Inspired Healthcare Capital Holdings reported between $1 billion and $10 billion in both assets and liabilities. Judge Mark X Mullin oversees the cases. The Debtors tapped McDermott Will & Schulte, LLP as bankruptcy counsel; Ankura Consulting Group, LLC as financial advisor; Raymond James & Associates, Inc., as an investment banker, and Epiq Corporate Restructuring, LLC as claims, noticing, and solicitation agent. INSPIRED HEALTHCARE: Jones Walker Represents Ad Hoc Group of Lender ------------------------------------------------------------------- In the Chapter 11 bankruptcy cases of Inspired Healthcare Capital Holdings, LLC, and its debtor-affiliates, Jones Walker, LLP filed with the United States Bankruptcy Court for the Northern District of Texas, Fort Worth Division, a Verified Statement pursuant to Bankruptcy Rule 2019 to inform the Court that the firm represents the Ad Hoc Group of Lenders in Inspired Healthcare Capital Income Fund 5. According to the group's Verified Statement: 1. Jones Walker represents each of the parties and each of their capacities as creditors in connection with the jointly-administered bankruptcy cases. 2. Jones Walker does not represent or purport to represent any other entities in connection with these Bankruptcy Cases except that Jones Walker is also advising Prospera Financial Services, LLC in connection with the Bankruptcy Cases and in connection with Jones Walker's representation of the Ad Hoc Group. Jones Walker does not represent the Ad Hoc Group as a "committee" and does not undertake to represent the interests of, and is not a fiduciary for, any creditor, party-in-interest, or other entity that has not signed an engagement letter with Jones Walker. 3. Upon information and belief formed after due inquiry, Jones Walker does not have any disclosable economic interests in relation to the Debtors or these Bankruptcy Cases. 4. Each member of the Ad Hoc Group holds interests in collateral in connection with loans provided to Inspired Healthcare Capital Income Fund 5 Notes, LLC. The information set forth is based on information provided to Jones Walker by the Ad Hoc Group and is intended only to comply with Bankruptcy Rule 2019 and not for any other purpose. 5. Nothing contained in this Verified Statement is intended or shall be construed to constitute: -- a waiver or release of the rights of any of the Ad Hoc Group members to have any final order entered by, or other exercise of the judicial power of the United States performed by, an Article III court; -- a waiver or release of the rights of any of the Ad Hoc Group members to have any final orders in any non-core matters entered only after de novo review by a United States District Judge; -- consent to the jurisdiction of the Court over any matter; -- an election of remedy; -- a waiver or release of any rights that any of the Ad Hoc Group members may have to a jury trial; -- a waiver or release of the right to move to withdraw the reference with respect to any matter or proceeding that may be commenced in these Bankruptcy Cases against or otherwise involving any of the Ad Hoc Group members; or -- a waiver or release of any other rights, claims, actions, defenses, setoffs, or recoupments to which any of the Ad Hoc Group members are or may be entitled under the terms of their notes, in law or in equity, applicable law, or under any agreement or otherwise, with all such rights, claims, actions, defenses, setoffs, or recoupments being expressly reserved in all respects. 6. The Ad Hoc Group, through its undersigned counsel, reserves the right to amend or supplement this Verified Statement in accordance with the requirements of Bankruptcy Rule 2019 at any time in the future. 7. Nothing should be construed as an admission that the requirements of Bankruptcy Rule 2019 shall apply to Jones Walker's representation of the Parties. The names and addresses of each member of the Ad Hoc Group, together with a "Secured loan to Inspired Healthcare Capital Income Fund 5" as their nature and amount of the disclosable economic interests held by each of them in relation to the Fund, are: 1. Michael H. Martin Amount of Interest - $400,000 2. Wesley S Campbell Amount of Interest - $300,000 3. Spectrum Stock LLC 10501 Charmford Way Raleigh, NC 27615 Amount of Interest - $300,000 4. Judith Brock Amount of Interest - $250,000 5. Carl R Ferland Amount of Interest - $250,000 6. PlaneSense Investments, LLC 1122 Oberlin Rd Ste 226 Raleigh, NC 27605-1549 Amount of Interest - $250,000 7. David E Blake Amount of Interest - $200,000 8. Charles L Johnson Amount of Interest - $200,000 9. Andrew K Kratz Amount of Interest - $200,000 10. Erik F Hanvey Amount of Interest - $200,000 11. John S Stevenson Amount of Interest - $200,000 12. Veronica L Dasilva Amount of Interest - $150,000 13. Jerry L Castelloe Amount of Interest - $100,000 14. Heather Jenkins Dedrick Amount of Interest - $100,000 15. William Thomas Arnette Jr. Amount of Interest - $100,000 16. Mark W. Kirby Amount of Interest - $100,000 17. Roland Henry Amount of Interest - $100,000 18. Skip Dunn LP 8708 Anchorage Ct Fort Worth, TX 76179 Amount of Interest - $100,000 19. Joseph L Moore Jr Amount of Interest - $100,000 20. Steven J Bumgarner Amount of Interest - $100,000 21. David A Hamlet Amount of Interest - $100,000 22. Paul R Hetrick Amount of Interest - $100,000 23. Joseph Reed Thompson Amount of Interest - $100,000 24. MARTIN FAMILY TRUST Amount of Interest - $100,000 25. David Chad Norris Amount of Interest - $100,000 26. Michael Bridges Amount of Interest - $100,000 27. Avery Nye Amount of Interest - $100,000 28. Robert Jenkins Amount of Interest - $100,000 29. Dennis Smeltz Amount of Interest - $75,000 30. Andrew J. Lennon Amount of Interest - $50,000 31. Kyle H Harris Amount of Interest - $50,000 32. Rick G Shirk Amount of Interest - $50,000 33. Robert C McCartney Amount of Interest - $50,000 34. Joel Jennings Amount of Interest - $50,000 35. William Phoenix Amount of Interest - $50,000 36. Janeen Lafaver Amount of Interest - $50,000 37. Diane Angstadt Amount of Interest - $25,000 38. Gerry L Caswell Amount of Interest - $25,000 39. Marc Tyndale Amount of Interest - $25,000 40. Neal Schier Amount of Interest - $25,000 41. Kay Fullen Amount of Interest - $25,000 Counsel to the Ad Hoc Group of Lenders in Inspired Healthcare Capital Income Fund 5 Notes, LLC: Joseph E. Bain, Esq. Amy K. Anderson, Esq. Elizabeth De Leon, Esq. JONES WALKER LLP 5960 Berkshire Lane, Floor 6 Dallas, TX 75225 Tel: (214) 459-9000 Fax: (713) 437-1810 E-mail: jbain@joneswalker.com aanderson@joneswalker.com edeleon@joneswalker.com About Inspired Healthcare Capital Holdings, LLC Inspired Healthcare Capital Holdings, LLC, owns senior living communities across the U.S. that provide independent living, assisted living and memory care services. It operates in the senior housing and healthcare real estate sector, with day-to-day community operations managed by third-party operators under management agreements, while the Company retains control over non-community business functions. Inspired Healthcare Capital Holdings sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Texas Lead Case No. 26-90004) on Feb. 2, 2026. In the petition signed by M. Benjamin Jones, chief restructuring officer, Inspired Healthcare Capital Holdings reported between $1 billion and $10 billion in both assets and liabilities. Judge Mark X Mullin oversees the cases. The Debtors tapped McDermott Will & Schulte, LLP as bankruptcy counsel; Ankura Consulting Group, LLC as financial advisor; Raymond James & Associates, Inc., as an investment banker, and Epiq Corporate Restructuring, LLC as claims, noticing, and solicitation agent. INTEGRITY INVESTMENT: Seeks to Hire Bach Law Offices as Attorney ---------------------------------------------------------------- Integrity Investment REO Holdings LLC seeks approval from the U.S. Bankruptcy Court for the Northern District of Illinois to hire Bach Law Offices, Inc. as its attorneys. The firm will render these services: (a) negotiate with creditors; (b) prepare a plan and disclosures statement; (c) examine and resolve claims filed against the estate, preparation and prosecution of adversary matters; and (d) represent the Debtor in matters before this Court. The firm's attorneys will be paid at these hourly rates: Paul Bach, Esq. $425 Penelope Bach, Esq. $425 In addition, the firm will seek reimbursement for expenses incurred. The firm received a retainer of $7,500, plus filing fee of $1,738. Mr. Bach 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: Paul M. Bach, Esq. Bach Law Offices, Inc. P.O. Box 1285 Northbrook, IL 60062 Telephone: (847) 564-0808 About Integrity Investment REO Holdings LLC Integrity Investment REO Holdings LLC is a real estate company specializing in the acquisition and management of real estate-owned (REO) properties. Integrity Investment REO Holdings LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ill. Case No. 26-01589) on January 29, 2026, listing $1 million to $10 million in assets and $10 million to $50 million in liabilities. The petition was signed by Sarah Rothman Robins as managing member. Paul M. Bach, Esq. at BACH LAW OFFICES serves as the Debtor's counsel. JAGUAR HEALTH: Secures Debt Relief via Royalty and Note Amendments ------------------------------------------------------------------ Jaguar Health, Inc. disclosed in a regulatory filing that it entered into an amendment to the royalty interest in the original principal amount of $12 million, as amended with Uptown Capital, LLC (f/k/a Irving Park Capital, LLC), as amended, pursuant to which: (i) the starting date for the Company to make the monthly Royalty Payment under the Uptown 2020 Royalty Interest would be postponed from April 1, 2026 to July 1, 2026, and (ii) the Royalty Repayment Amount (as defined in the Uptown 2020 Royalty Interest) would be reduced by 10%. Immediately following completion of such reduction, the Royalty Repayment Amount would become $11,125,282.54. The Company also entered into an amendment to the royalty interest in the original principal amount of $12 million, as amended with Streeterville Capital, LLC, pursuant to which: (i) the starting date for the Company to make the monthly Royalty Payment under the Streeterville 2022 Royalty Interest would be postponed from April 1, 2026 to July 1, 2026, and (ii) the Royalty Repayment Amount (as defined in the Streeterville 2022 Royalty Interest) would be reduced by 10% percent. Immediately following completion of such reduction, the Royalty Repayment Amount would become $12,428,782.20. Full text copies of the Uptown 2020 Royalty Interest Global Amendment No. 4 and Streeterville 2022 Royalty Interest Global Amendment No. 4, are available at https://tinyurl.com/mwukbhct and https://tinyurl.com/3rdjjhj8, respectively. Note Amendments On March 6, 2026, the Company and Napo Pharmaceuticals, Inc., the Company's wholly-owned subsidiary, entered into an amendment (the "2021 Note Amendment No. 3") with Streeterville to the secured promissory note in the original principal amount of $6,220,812.50 issued by Borrower to Streeterville on January 19, 2021 pursuant to that certain Note Purchase Agreement among the same parties dated as of the even date. Pursuant to the 2021 Note Amendment No. 3: (i) the maturity date of the 2021 Note is extended to July 1, 2026, and (ii) the Outstanding Balance (as defined in the 2021 Note) would be reduced by 10%. Immediately following completion of such reduction, the Outstanding Balance would become $6,596,304.11. The Company also entered into an amendment with Streeterville to the secured promissory note in the original principal amount of $10,810,000.00 issued by the Company to Streeterville on November 12, 2025 pursuant to that certain Note Purchase Agreement among the same parties dated as of the even date. Pursuant to the 2025 Note Amendment: (i) the maturity date of the 2025 Note is extended to March 12, 2029, and (ii) immediately following the execution of the 2025 Note Amendment, the Outstanding Balance (as defined in the 2025 Note) would be $7,048,021.86. Full text copies of the 2021 Note Amendment No. 3 and 2025 Note Amendment are available at https://tinyurl.com/yc6ebxtk and https://tinyurl.com/285nffa5 Security Agreement On March 6, 2026, Napo entered into a security agreement with Streeterville, pursuant to which, Napo agreed grant to Streeterville a security interest in the Lechlemer Collateral and the TDPRV Collateral (both as defined in the Security Agreement) to secure the Company's obligations under the 2025 Note. The foregoing description of the Security Agreement does not purport to be complete and is qualified in its entirety by the Security Agreement, a copy of which is filed herewith as Exhibit 10.1 and incorporated herein by reference. Warrant Termination Agreement On March 6, 2026, the Company entered into a warrant termination agreement with Uptown, Streeterville, and Iliad Research and Trading, L.P., pursuant to which, warrants exercisable into an aggregate of 48,211 shares of the Company's voting common stock, par value $0.0001 per share previously issued by the Company to the Investors would be terminated. A full text copy of the Warrant Termination Agreement is available at https://tinyurl.com/5n6kj6x8 About Jaguar Health Jaguar Health, Inc. -- http://www.jaguar.health/-- is a commercial-stage pharmaceuticals company focused on developing novel, plant-based, sustainably derived prescription medicines for people and animals with gastrointestinal ("GI") distress, including chronic, debilitating diarrhea. Jaguar Health's wholly owned subsidiary, Napo Pharmaceuticals, Inc., focuses on developing and commercializing proprietary plant-based human pharmaceuticals from plants harvested responsibly from rainforest areas. The Company's crofelemer drug product candidate is the subject of the OnTarget study, a pivotal Phase 3 clinical trial for prophylaxis of diarrhea in adult cancer patients receiving targeted therapy. Larkspur, California-based RBSM, LLP, the Company's auditor since 2022, issued a "going concern" qualification in its report dated March 31, 2025, attached to the Company's Annual Report on Form 10-K for the year ended Dec. 31, 2024, citing that the Company has an accumulated deficit, recurring losses, and expects continuing future losses. These conditions raise substantial doubt about the Company's ability to continue as a going concern. The Company, since its inception, has incurred recurring operating losses and negative cash flows from operations and has an accumulated deficit of $346.5 million as of December 31, 2024. As of September 30, 2025, the Company had $49.5 million in total assets, $45.1 million in total liabilities, $4.4 million in total stockholders' equity. JOIN DIGITAL: Triplepoint PVC Marks $278,000 Loan at 26% Off ------------------------------------------------------------ Triplepoint Private Venture Credit Inc. has marked its $278,000 loan extended to Join Digital, Inc. to market at $207,000 or 74% of the outstanding amount, according to Triplepoint PVC's 10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Triplepoint Private Venture Credit Inc. is a participant in a Growth Capital Loan extended to Join Digital, Inc. The Loan accrues interest at a rate of Prime + 12.50% PIK interest rate, 20.00% floor per annum. The Loan matures on December 31, 2025. As of December 31, 2025, this investment was not pledged as collateral as part of the Company’s revolving credit facility. TriplePoint Private Venture Credit Inc. is a closed-end, externally managed, non-diversified management investment company that provides debt financing to venture growth-stage companies. The Fund is led by James P. Labe as Chief Executive Officer and Sajal K. Srivastava as Chief Investment Officer, President and Director. The Fund can be reached at: James P. Labe TriplePoint Private Venture Credit Inc. 2755 Sand Hill Road, Suite 150 Menlo Park, CA 94025 Telephone: (650) 854-2090 About Join Digital Join Digital appears to be a growth-stage technology or digital services company that funds its expansion through growth capital loans featuring high payment-in-kind interest rates and elevated contractual floors. JOIN DIGITAL: Triplepoint PVC Marks $2MM Loan at 30% Off -------------------------------------------------------- Triplepoint Private Venture Credit Inc. has marked its $2,080,000 loan extended to Join Digital, Inc. to market at $1,446,000 or 70% of the outstanding amount, according to Triplepoint PVC's 10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Triplepoint Private Venture Credit Inc. is a participant in a Growth Capital Loan extended to Join Digital, Inc. The Loan accrues interest at a rate of Prime + 3.75% interest rate, 11.25% floor, 2.00% EOT payment per annum. The Loan matures on January 1, 2028. TriplePoint Private Venture Credit Inc. is a closed-end, externally managed, non-diversified management investment company that provides debt financing to venture growth-stage companies. The Fund is led by James P. Labe as Chief Executive Officer and Sajal K. Srivastava as Chief Investment Officer, President and Director. The Fund can be reached at: James P. Labe TriplePoint Private Venture Credit Inc. 2755 Sand Hill Road, Suite 150 Menlo Park, CA 94025 Telephone: (650) 854-2090 About Join Digital Join Digital appears to be a growth-stage technology or digital services company that funds its expansion through growth capital loans featuring high payment-in-kind interest rates and elevated contractual floors. JOIN DIGITAL: Triplepoint PVC Marks $4.8MM Loan at 29% Off ---------------------------------------------------------- Triplepoint Private Venture Credit Inc. has marked its $4,853,000 loan extended to Join Digital, Inc. to market at $3,434,000 or 71% of the outstanding amount, according to Triplepoint PVC's 10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Triplepoint Private Venture Credit Inc. is a participant in a Growth Capital Loan extended to Join Digital, Inc. The Loan accrues interest at a rate of Prime + 3.75% interest rate, 11.25% floor, 2.00% EOT payment per annum. The Loan matures on August 1, 2027. TriplePoint Private Venture Credit Inc. is a closed-end, externally managed, non-diversified management investment company that provides debt financing to venture growth-stage companies. The Fund is led by James P. Labe as Chief Executive Officer and Sajal K. Srivastava as Chief Investment Officer, President and Director. The Fund can be reached at: James P. Labe TriplePoint Private Venture Credit Inc. 2755 Sand Hill Road, Suite 150 Menlo Park, CA 94025 Telephone: (650) 854-2090 About Join Digital Join Digital appears to be a growth-stage technology or digital services company that funds its expansion through growth capital loans featuring high payment-in-kind interest rates and elevated contractual floors. KANAWHA SCALES: Barings CI Marks $2MM Loan at 56% Off ----------------------------------------------------- Barings Corporate Investors has marked its $2,000,000 loan extended to Kanawha Scales and Systems to market at $878,983 or 44% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to Kanawha Scales and Systems. The Loan accrues interest at a rate of 8.09% (SOFR + 4.250%) per annum. The Loan matures on Oct. 31, 2032. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Kanawha Scales and Systems Kanawha Scales and Systems is a full-service provider of weighing and automated industrial control solutions, including service, calibration and integrated engineered systems. KK&G LLC: Seeks to Hire Russo White & Keller as General Counsel --------------------------------------------------------------- KK&G, LLC seeks approval from the U.S. Bankruptcy Court for the Northern District of Alabama to employ Russo, White & Keller, PC as counsel. The firm's services include: (a) provide the Debtor legal advice with respect to its powers and duties in the continued management of its financial affairs and property; (b) prepare on behalf of the Debtor necessary legal papers as is or may become necessary; (c) review all leases and other corporate papers and other documents and prepare any necessary motions to assume unexpired leases or executory contracts and assist in preparation of corporate authorizations and resolutions regarding the Chapter 11 case; and (d) perform any and all other legal services for the Debtor as may be necessary to achieve confirmation of a Chapter 11 plan. Robert Keller, Esq., the primary attorney in this representation, will be billed at his hourly rate of $350, plus reimbursement. The firm requested a total retainer of $7,000 from the Debtor. Mr. Keller 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: Robert C. Keller, Esq. Russo, White & Keller, PC 315 Gadsden Highway, Suite D Birmingham, AL 35235 Telephone: (205) 833-2589 Email: rjlawoff@bellsouth.net About KK&G LLC KK&G LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ala. Case No. 26-00870) on March 9, 2026. In its petition, the Debtor disclosed under $1 million in both assets and liabilities. The Debtor is represented by Robert C. Keller, Esq., at Russo, White & Keller, PC. KOPPERS HOLDINGS: Fitch Affirms 'BB-' LongTerm IDR, Outlook Stable ------------------------------------------------------------------ Fitch Ratings has affirmed Koppers Holdings Inc. (Koppers) and Koppers Inc.'s Long-Term Issuer Default Ratings (IDRs) at 'BB-'. Fitch has also affirmed Koppers Inc.'s first lien senior secured term loan B and first lien senior secured revolver at 'BB+' with a Recovery Rating of 'RR1'. The Rating Outlook remains Stable. Koppers' ratings reflect its leading, defensive competitive positions in stable niche markets, solid FCF outlook, sustainable leverage, and balanced capital deployment strategy. The rating is constrained by a narrow product focus, with earnings tied to the infrastructure and repair and remodel markets. Koppers also faces meaningful but decreasing exposure to structurally weak coal tar markets. The Stable Outlook reflects Fitch's expectations for EBITDA leverage to trend in the mid-3.0x range near-term. While successful execution towards 2028 profitability goals could improve the credit profile. However, positive rating action would also depend on Koppers' operational scale, leverage, and diversification relative to peers. Key Rating Drivers Stable Profitability Amid Market Softness: Koppers maintained stable profitability through 2025 despite a challenging operating environment. The company generated higher FCF even as EBITDA declined modestly yoy and sales fell about 10%. Revenue was pressured by the cessation of phthalic anhydride production at the Stickney, Illinois facility and structurally weak coal tar market conditions in Carbon Materials and Chemicals (CMC), alongside lower crosstie volumes in Railroad and Utility Products and Services (RUPS) and shifting market share in Performance Chemicals (PC). EBITDA margins still improved modestly, driven by cost actions across segments. Fitch expects FCF margins to expand gradually over the forecast period, supported by resilient EBITDA margins in the 13%-14% range and lower capex following the completion of several growth initiatives in recent years. Management targets EBITDA margins above 15% and average annual FCF of $100 million by 2028. While progress toward these targets could improve the credit profile, Fitch will consider them in conjunction with Koppers' operational scale, leverage, and diversification relative to peers. Vertically Integrated Market Leader: Koppers holds leading positions in several niche markets. PC is a leading global provider of wood preservation chemicals, supported by proprietary process technologies. RUPS is the leading supplier of Class I railroad crossties and utility poles in the Eastern U.S. and ranks second in U.S. utility poles overall. It benefits from a vertically integrated, strategically located manufacturing footprint that supports supply reliability, with internal creosote sourcing from CMC. CMC is the largest global supplier of creosote to North American railroads. However, Koppers' sub-$300 million EBITDA scale is commensurate with the 'BB-' IDR. Sustainable Leverage: Koppers maintains a Fitch-calculated EBITDA leverage ratio in the mid-3.0x range, reflecting a balance between EBITDA growth and controlled credit facility usage. Reported net leverage is 3.4x at YE25, approaching the company's target of under 2.5x by 2028. Management plans to primarily apply near-term excess FCF to reducing the revolver balance. Fitch forecasts that leverage will remain within a manageable range of 3.0x-3.5x over the medium term, notwithstanding slight EBITDA declines in 2026, driven by anticipated debt reduction. Balanced Capital Deployment: Fitch expects Koppers to continue deploying FCF in a credit-conscious manner, balancing growth capex, bolt-on acquisitions, and shareholder returns. The company has a long-term net leverage target of 2x-3x. As operational cash flow expands, Fitch anticipates share repurchasing to increase gradually over time, albeit in a disciplined manner consistent with leverage objectives. Fitch also expects the company to remain active in M&A, with acquisitions likely to be primarily funded through FCF and moderate credit facility usage. Narrow Product Portfolio: Koppers' product focus on wood preservation technologies may limit earnings growth rates and diversification relative to peers, though the niche focus also supports low earnings volatility. CMC, while significantly smaller following recent actions, retains exposure to the structurally weak coal tar market. RUPS is a key stabilizer for Koppers' earnings profile, with about 75% of class I railroad sales under long-term contracts and an adequate ability to pass through costs. RUPS also benefits from steady rail traffic and infrastructure investments and from rising global energy demands. PC segment demand is mostly correlated with repair and remodeling activity Peer Analysis Koppers' credit profile benefits from leading niche market positions and exposure to generally healthy end markets, broadly comparable to 'BB' rated peers Ingevity Corporation (BB/Stable) and H.B. Fuller Company (BB/Stable), and to Fortis 333, Inc. (d.b.a. ALTA; B+/Stable). However, Koppers' operating scale remains more limited: EBITDA of just under $300 million is broadly in line with ALTA, modestly below Ingevity, and materially below H.B. Fuller. Fitch expects Koppers' EBITDA margins to trend around 13%-14% over the forecast horizon, which is weaker than the peer set. Offsetting this, Fitch forecasts FCF margins will improve to average roughly 5% annually, broadly comparable with H.B. Fuller and Ingevity and stronger than ALTA. Fitch expects Kopper's leverage to remain sustainable, trending in the mid-3.0x range. This is favorable versus ALTA, broadly in line with H.B. Fuller, and modestly weaker than Ingevity. Fitch also views Koppers' leverage as less volatile than some peers, reflecting a relatively stable earnings profile. Overall, while Koppers' profitability and leverage metrics compare reasonably with certain higher-rated peers, its smaller operating scale and more limited diversification remain key constraints, anchoring the rating at 'BB-'. Fitch’s Key Rating-Case Assumptions - Revenue growth in the low single-digits through 2027 on declining rail volumes and continued soft demand in PC, partially offset by strong growth in utility poles. Growth rates increase thereafter, driven by end-market demand recoveries for PC products and continued strength in utility poles; - EBITDA margins hover around the 13%-14% range, with benefits from cost reduction initiatives and resiliency in PC margins partially offset by weaker product mix in rail and cost pressures in CMC; - Capex around $50 million-$60 million annually; - FCF is primarily applied to debt reduction in 2026; - Excess FCF in 2027 and thereafter are primarily applied toward measured share repurchases and tuck-in acquisitions. Corporate Rating Tool Inputs and Scores Fitch scored the issuer as follows, using its Corporate Rating Tool (CRT) to produce the Standalone Credit Profile (SCP): - Business and financial profile factors (assessment, relative importance): Management (bbb, Lower), Sector Characteristics (bb-, Moderate), Market and Competitive Positioning (bb-, Higher), Diversification and Asset Quality (bb-, Moderate), Company Operational Characteristics (bb-, Moderate), Profitability (a-, Lower), Financial Structure (bb-, Higher), and Financial Flexibility (bb, Moderate). - The quantitative financial subfactors are based on custom CRT financial period parameters: 5% weight for the historical year 2025, 5% for the forecast year 2026, 30% for the forecast year 2027, 30% for the forecast year 2028 and 30% for the forecast year 2029. - The Governance assessment of 'Good' results in no adjustment. - The Operating Environment assessment of 'aa-' results in no adjustment. - The SCP is 'bb-'. RATING SENSITIVITIES Factors that Could, Individually or Collectively, Lead to Negative Rating Action/Downgrade - EBITDA leverage sustained above 4.3x, potentially caused by an inability to adequately pass through costs; - Sustained weak FCF generation, potentially stemming from poor working capital management or higher than anticipated capital spending; - More aggressive than expected financial policy, representing a departure from historical norms. Factors that Could, Individually or Collectively, Lead to Positive Rating Action/Upgrade - Greater operational scale and realized benefits from capital projects, evidenced by more robust cash flow generation; - Continued EBITDA margin improvement towards the mid-teens on a sustained basis, supported by the successful execution of ongoing efficiency initiatives and product portfolio enhancement; - EBITDA leverage durably below 3.3x. Liquidity and Debt Structure Koppers has solid liquidity comprising approximately $38 million in cash and cash equivalents and $345 million in availability under the $800 million revolver at YE 2025. Fitch projects positive FCF generation throughout the forecast horizon, which should further support liquidity. Koppers has no material debt maturities through 2030. Issuer Profile Koppers Holdings Inc. (NYSE: KOP) is a leading integrated global provider of treated wood products, wood preservation chemicals and carbon compounds. The company operates three business segments: Railroad and Utility Products and Services, Performance Chemicals and Carbon Materials and Chemicals. MACROECONOMIC ASSUMPTIONS AND SECTOR FORECASTS Fitch's latest quarterly Global Corporates Sector Forecasts Monitor 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. Climate Vulnerability Signals The results of its Climate.VS screener did not indicate an elevated risk for Koppers Holdings Inc. 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 ----------- ------ -------- ----- Koppers Holdings Inc. LT IDR BB- Affirmed BB- Koppers Inc. LT IDR BB- Affirmed BB- senior secured LT BB+ Affirmed RR1 BB+ KORN FERRY: S&P Upgrades ICR to 'BB+', Outlook Stable ----------------------------------------------------- S&P Global Ratings upgraded Korn Ferry to 'BB+' from 'BB'. S&P said, "At the same time, we raised our issue-level rating to 'BB+' on the company's senior unsecured notes. Our '4' recovery rating on this debt remains unchanged, indicating our expectation for average (30%-50%; rounded estimate: 30%) recovery in the event of a payment default. "The stable outlook reflects our expectation that Korn Ferry will maintain leverage of less than 1x, even after incorporating potential macroeconomic downturns, share repurchases, and debt-funded acquisitions. We also expect the company will continue to increase its organic revenue by the low- to mid-single digit percent range." Despite the challenging macroeconomic environment, Korn Ferry has demonstrated a resilient operating performance and established a track record of conservative financial policy, including maintaining leverage well below 1x for the past several years. S&P said, "We expect the company will continue to benefit from its strong brand recognition and diversified product offerings while maintaining a prudent financial policy. Therefore, we expect its leverage will remain below 1x on a sustained basis." The upgrade reflects Korn Ferry's resilient operating performance amid a challenging macroeconomic environment. The company operates in the cyclical staffing industry, which has been negatively affected by an industry downturn over the past three years. However, Korn Ferry's strong client relationships and diversified product offerings have enabled it to outperform its smaller staffing peers throughout the multi-year industry downturn. The company's outperformed our expectations for the nine months ended Jan 31, 2026, by increasing its revenue by approximately 6% (to $2.17 billion) relative to the same period in 2025. The expansion in the company's revenue benefitted from growth across all its segments. In the third quarter of 2025, Korn Ferry generated 32% of its revenue from its Executive Search business, 23% from Consulting, 19% from Professional Search & Interim, 13% from Digital, and 12% from Recruitment Process Outsourcing. Additionally, the company's improved business diversity led to a smaller decline in its revenue during the macroeconomic downturn relative to its peers. S&P said, "We forecast Korn Ferry will increase its revenue by approximately 5% in fiscal year 2026 (ending April 30, 2026), supported by its marquee and diamond accounts, which are large-scale, repeatable clients that contribute significantly to its ongoing revenue. We expect the company will continue to increase its organic revenue by the low- to mid-single digit percent range annually, even when accounting for the difficult macroeconomic environment." S&P said, "We expect Korn Ferry's S&P Global Ratings-adjusted EBITDA will remain in the 18%-19% range in 2026. For fiscal year 2025 (ended April 30, 2025) and the nine-months ended Oct. 31, 2025, the company expanded its S&P Global Ratings-adjusted EBITDA margin by 540 basis points (bps) and 50 bps to 18.6% and 18.4%, respectively. The improvement in Korn Ferry's margin stemmed from its cost-management initiatives and increased consultant productivity, which were partially offset by its higher employee compensation--due to unfavorable exchange rates--and higher legal and other professional fees and computer licenses. We believe the company will sustain an S&P Global Ratings-adjusted EBITDA margin in the 18%-19% range as it maintains its disciplined cost-management approach. We will continue to monitor the impact of AI on Korn Ferry's margin profile; however, we believe it faces less risk of AI disruption than its smaller staffing peers because its business has a limited exposure to entry level positions. "We expect the company will maintain S&P Global Ratings-adjusted leverage of below 1x, supported by its high cash balance. The company's cash on hand remains elevated and it has historically maintained a balanced capital allocation approach for its excess cash. In our calculation of Korn Ferry's debt, we net 50% of its cash because we assume it will allocate approximately half of the cash on its balance sheet for bonuses and deferred compensation. Given our expectation for cash of over $1 billion and modest debt levels (including $400 million of notes), we estimate the company will have leverage below 0.5x as of year-end 2026. While Korn Ferry does not have a publicly stated leverage target, we expect it will maintain leverage of less than 1x, even after incorporating potential macroeconomic downturns, share buybacks, and acquisitions. "We expect Korn Ferry will continue to generate healthy free cash flow and maintain a balanced approach to capital allocation. The company's low capital requirements have historically enabled it to generate healthy free operating cash flow (FOCF). We believe Korn Ferry will generate S&P Global Ratings-adjusted FOCF of $350 million-$400 million in fiscal year 2026 on continued revenue growth across all its segments. While we expect the company will maintain a conservative financial policy, we would view debt-funded acquisitions and substantial share buybacks as a risk to the rating. However, we believe Korn Ferry has an adequate cushion to absorb these potential actions, given its current leverage and liquidity metrics. "The stable outlook reflects our expectation that Korn Ferry will maintain leverage of less than 1x, even after incorporating potential macroeconomic downturns, share repurchases, and debt-funded acquisitions. We also expect the company will continue to increase its organic revenue by the low- to mid-single digit percent range and sustain margins between 18%-19%. "We could lower our rating on Korn Ferry if its S&P Global Ratings-adjusted leverage exceeds 1.5x on a sustained basis. This could occur due to a combination of revenue declines from a prolonged economic downturn, reduced EBITDA margins due to pricing pressures, intense competition leading to market share losses, or a more-aggressive financial policy that involves sizable debt-financed acquisitions and shareholder returns. "Although unlikely in the next 12-24 months, we could raise our rating on Korn Ferry if it significantly expands the scale of its business while continuing to improve its margin. We would also expect the company to reduce its cyclicality and increase its revenue visibility, after incorporating the risk from potential acquisitions and elevated shareholder returns, before raising the rating." KSHITIJ INC: Seeks Cash Collateral Access ----------------------------------------- The U.S. Bankruptcy Court for the Eastern District of New York is set to hold a hearing on April 16 to consider extending Kshitij Inc.'s authority to use cash collateral. The Debtor's authority to use cash collateral under the court's March 12 interim order expires on March 20. The initial order approved the payment of the Debtor's expenses from the cash collateral in accordance with its budget and granted the U.S. Small Business Administration protection through a monthly payment of $250 and replacement liens on the Debtor's assets similar to its pre-bankruptcy collateral. Kshitij needs immediate access to cash collateral to maintain operations, pay administrative expenses, and preserve the value of the bankruptcy estate. The Debtor has operated since 2017. In February 2018, William McLaughlin acquired a 25% ownership interest. During the COVID-19 pandemic, the business obtained a $500,000 Economic Injury Disaster Loan from the SBA. According to the Debtor, James Rocco, who was previously associated with the business, used a substantial portion of those loan proceeds for personal purposes. The business subsequently faced continuing financial strain and began borrowing from merchant cash advance lenders, which required repayments tied to future revenue. These high-cost obligations created a cycle of borrowing in which new loans were used to repay earlier debts, eventually making the company's debt burden unsustainable. The SBA loan, with an outstanding balance of approximately $475,000, is secured by a lien on substantially all of the Debtor's assets, though the Debtor estimates the assets' value at only about $30,200. Other creditors include ARE Financial LLC, JRG Funding, LLC, Micro Advance, and PayPal, but the Debtor believes these claims are effectively unsecured. About Kshitij Inc. Kshitij Inc., doing business as Don Jono's Pizzeria, sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. N.Y. Case No. 8-26-70902-las) on March 5, 2026. In the petition signed by William McLaughlin, president, the Debtor disclosed up to $50,000 in assets and up to $1 million in liabilities. Judge Louis A. Scarcella oversees the case. Gary C. Fischoff, Esq., at BFSNG Law Gtoup, LLP, represents the Debtor as bankruptcy counsel. KULANA HALE: Seeks Approval to Hire 808 BK as Associate Counsel --------------------------------------------------------------- Kulana Hale LLC seeks approval from the U.S. Bankruptcy Court for the District of Hawaii to employ 808 BK LLLC as associate counsel. The firm will render these services: (a) assist lead counsel with compliance with local standards; (b) communicate with the Debtor's owner; (c) participate in court hearings; and (d) represent the Debtor in court hearings when lead counsel was not available. The firm's hourly rates are as follows: Lars Peteson $450 Paralegals $160 The firm received an initial retainer of $7,500 from the Debtor. Lars Peterson, Esq., an attorney at 808 BK, 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: Lars Peterson, Esq. 808 BK LLLC 745 Fort St. Mall, Ste. 801 Honolulu, HI 96813 Telephone: (808) 589-1010 Facsimile: (888) 797-7471 Email: lars@808bk.com About Kulana Hale LLC Kulana Hale, LLC classified itself as a single-asset real estate debtor, under the definition set forth in 11 U.S.C. Section 101(51B). Kulana Hale sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 25-11990) on September 12, 2025. In its petition, the Debtor reported total assets of $45,256,000 and total liabilities of $36,558,368. Honorable Bankruptcy Judge Philip Bentley handles the case. The Debtor tapped Lewis W. Siegel, Esq., as lead counsel and Lars Peterson, Esq., at 808 BK LLLC as associate counsel. LAUNCHPAD HOME: Barings CI Marks $3.2MM Loan at 65% Off ------------------------------------------------------- Barings Corporate Investors has marked its $3,220,000 loan extended to LaunchPad Home Group to market at $1,131,074 or 35% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to LaunchPad Home Group. The Loan accrues interest at a rate of 10.72% (SOFR + 7.000%) per annum. The Loan matures on Sept. 30, 2030. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About LaunchPad Home Group LaunchPad Home Group is a provider of home inspection and ancillary residential services designed to support homeowners throughout the ownership lifecycle. LILA KATE: Gets Interim OK to Use Cash Collateral ------------------------------------------------- Lila Kate Trucking, LLC received interim approval from the U.S. Bankruptcy Court for the Middle District of Alabama to use cash collateral. The Debtor's cash collateral includes cash, deposit accounts, accounts receivable and the proceeds thereof. The Debtor is authorized to use this cash collateral to fund ordinary operating expenses until the final hearing scheduled for April 1. The Debtor is further authorized to escrow funds for the Subchapter V trustee's fees. The interim order is without prejudice to the Debtor's right to challenge the existence, validity or priority of any lien or claim of any creditor. The order will remain in effect unless it is modified or replaced by a subsequent order of the court after the final hearing. The order is available at https://urlcurt.com/u?l=5Fs2pQ from PacerMonitor.com. About Lila Kate Trucking LLC Lila Kate Trucking, LLC is an Alabama-based trucking and logistics company that provides freight transport, delivery services, and supply chain support to commercial clients. Lila Kate Trucking, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-80264) on February 27, 2026. In its petition, the Debtor reports estimated assets in the range of $1 million to $10 million and estimated liabilities in the range of $1 million to $10 million. Honorable Bankruptcy Judge Christopher L. Hawkins handles the case. The Debtor is represented by Paul D. Esco, Esq., of Attorney At Law, LLC. LITIGATION PRACTICE: Court Tosses Greyson, et al., Appeal --------------------------------------------------------- Judge Fernando M. Olguin of the U.S. District Court for the Central District of California dismissed with prejudice the appeal styled GREYSON LAW CENTER, P.C., et al., Appellant, v. RICHARD A. MARSHACK, as Chapter 11 Trustee, Appellee, Case No. 24-cv-02074 (C.D. Cal.). The consolidated appeal of the Bankruptcy Court's Orders of August 27, 2024, was filed by administrative claim applicants Greyson Law Center, PC, Han Trinh, and Phuong Jayde Trinh. The Litigation Practice Group ("LPG" or "Debtor") was a California-based debt-relief law firm that purported to provide consumer debt resolution services to thousands of clients. Greyson was formed in 2023, after Scott Eadie, a former LPG attorney, told Han that he wanted to start a new organization with a business model similar to LPG. Greyson allegedly contracted with Phoenix Law, P.C. to have Greyson attorneys work on Phoenix's client files at an agreed-upon rate of $2,000 per case. Han and Jayde worked at LPG, and later at Greyson. Han was involved in the creation of Greyson. LPG filed its Chapter 11 bankruptcy petition on March 20, 2023. Richard Marshack was appointed as the Chapter 11 Trustee on May 8, 2023. Shortly after his appointment, the Trustee filed an adversary complaint alleging that Debtor was controlled and operated by a disbarred attorney, Tony Diab, who orchestrated a scheme to fraudulently and illegally transfer client files to a network of other law firms. On November 17, 2023, Greyson, Han, and Jayde filed separate motions seeking an Order Granting Allowance and Payment of Administrative Claim pursuant to 11 U.S.C. Sec. 503(b)(1)(A) ("Motion"). The Greyson Motion sought payment of $5,434,633 consisting of (1) $300,633 for 22 of 48 Greyson clients lost due to the Trustee's alleged negligence, conversion, and unfair competition; and (2) $5,134,000 for legal services performed by Greyson's attorneys pursuant to an alleged contract between Greyson and Phoenix. Greyson asserts that the $300,633 amount falls within the "fundamental fairness" doctrine announced in Reading Co. v. Brown, 391 U.S. 471, 88 S.Ct. 1759 (1968). As for the $5,134,000 amount, Greyson asserts the Greyson-Phoenix contract benefitted the estate. In their motions, Han and Jayde seek, respectively, $136,280.56 and $114,825.14 for unpaid salaries, late payment penalties, and vacation pay. Han also seeks an additional $14,433.56 for the "disappearance" of her personal property. On August 27, 2024, the Bankruptcy Court entered three orders denying appellants' Motions. This appeal followed. Having reviewed the Bankruptcy Court's findings of fact for clear error and its legal conclusions de novo, the District Court is satisfied that the bankruptcy court did not err in denying appellants': (1) administrative claims under 11 U.S.C. Sec. 503(b)(1)(A) because appellants failed to establish that they performed work that directly and substantially benefitted the estate; (2) quantum meruit claim because appellants did not show they performed any services for Debtor; and (3) administrative claims under Reading based on post-petition conduct, because appellants failed to prove the existence of any underlying tort. The District Court affirms the Bankruptcy Court's orders. A copy of the Court's Order dated March 10, 2026, is available at http://urlcurt.com/u?l=zquC4gfrom PacerMonitor.com. About The Litigation Practice Group The Litigation Practice Group P.C. sought protection for relief under Chapter 11 of the Bankruptcy Code (Bankr. C.D. Cal. Case No. 23-10571) on March 20, 2023, with as much as $1 million in both assets and liabilities. Judge Scott C. Clarkson presides over the case. The Debtor tapped Khang & Khang, LLP as legal counsel and Grobstein Teeple, LLP as accountant. The U.S. Trustee for Region 16 appointed an official committee to represent unsecured creditors in the Debtor's Chapter 11 case. The committee is represented by Fox Rothschild, LLP. LIVEONE INC: Issues 500,000 Shares to Merlin for Royalty Payments ----------------------------------------------------------------- LiveOne, Inc. disclosed in a regulatory filing that the Company, its wholly owned subsidiary Slacker, Inc., and Music and Entertainment Rights Licensing Independent Network Limited entered into a Shares Issuance Agreement pursuant to which the Company agreed to issue to Merlin 500,000 shares of its common stock, $0.001 par value per share, at a deemed issued price of $7.50 per share. The Shares will be issued as payment of: (i) any outstanding music royalty payments due by Slacker under the Digital Music Services Agreement, dated as of February 1, 2014, entered into between Merlin and Slacker, as last amended on March 3, 2026, and (ii) any music royalty payments due by Slacker to Merlin during the Extended Term, unless terminated earlier as provided therein. Pursuant to the Amendment, the parties agreed to extend the term of the DMSA through November 30, 2026, as such maybe further extended to November 30, 2027. Pursuant to the Amendment, Merlin's sale proceeds of any Shares will be offset against any royalty payments or other fees due to Merlin under the DMSA, and among other things, upon any termination or expiration of the DMSA, Slacker will have the option to purchase any unsold Shares held by Merlin or to pay in immediately available funds any amount then outstanding under the DMSA (and in such event Merlin shall return for cancellation any unsold Shares). Merlin agreed not to sell the Shares in excess of more than 5% of the average daily trading volume for the common stock for the preceding 20 consecutive trading days (excluding from such average any index rebalancing days). In the event any fees remain payable to Merlin upon expiration of the Extended Term, Slacker will pay such remaining amounts to Merlin in immediately available funds. The Shares will be issued to Merlin pursuant to the Company's effective shelf Registration Statement on Form S-3 (File No. 333-284916), which was filed with the U.S. Securities and Exchange Commission on February 13, 2025, and a prospectus supplement relating to the offering of the Shares filed with the SEC on March 10, 2026. The settlement of the issuance of the Shares is expected to take place on or about March 10, 2026. The Company will not receive any cash proceeds from the offering of the Shares. The legal opinion, including the related consent, of Foley Shechter Ablovatskiy LLP, the Company's outside corporate and securities counsel, is available at https://tinyurl.com/2naf2y34 About LiveOne Headquartered in Beverly Hills, California, LiveOne, Inc. -- www.liveone.com -- is a creator-first, music, entertainment and technology platform focused on delivering premium experiences and content worldwide through memberships and live and virtual events. The Company is a pioneer in the acquisition, distribution and monetization of live music events, Internet radio, podcasting/vodcasting and music-related membership, streaming and video content. Through its comprehensive service offerings and innovative content platform, it provides music fans the ability to listen, watch, attend, engage and transact. Serving a global audience, the Company's mission is to bring the experience of live music and entertainment to consumers wherever music and entertainment is watched, listened to, discussed, deliberated or performed around the world. New York, New York-based Macias Gini & O'Connell LLP, the Company's auditor since 2022, a "going concern" qualification dated July 15, 2025, attached to the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2025. Macias Gini & O'Connell cited that the Company has suffered recurring losses from operations, negative cash flows from operating activities and has a net capital deficiency. These matters raise substantial doubt about the Company's ability to continue as a going concern. As of December 31, 2025, the Company had $52.3 million in total assets, $62.8 million in total liabilities, and $10.5 million in total stockholders' deficit. LOCKMASTERS INC: Barings CI Marks $1.45MM Loan at 24% Off --------------------------------------------------------- Barings Corporate Investors has marked its $1,454,836 1L Loan extended to Lockmasters Incorporated to market at $1,098,792 or 76% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a Senior Term loan extended to Lockmasters Incorporated. The 1L Loan accrues interest at a rate of 8.67% (SOFR + 5.000%) per annum. The 1L Loan matures on Sept. 1, 2027. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Lockmasters Inc. Lockmasters Incorporated is a distributor of locks and related security hardware serving commercial and industrial end markets including financial services, education, automotive and data centers. LUCERO LLC: Gets Interim OK to Use Cash Collateral -------------------------------------------------- Lucero LLC got the green light from the U.S. Bankruptcy Court for the Northern District of California, San Francisco Division, to use cash collateral. At the recently held hearing, the court authorized the Debtor's interim use of cash collateral and set a final hearing for April 24. The Debtor's cash collateral consists of rental income, which it intends to use to fund essential operating expenses, including property taxes, insurance, repairs, and professional fees. Its budget allows for a 10% variance per month, with unused funds rolling over. Lucero manages a portfolio of nine residential and commercial properties in San Francisco, Santa Rosa, South San Francisco, and Sunnyvale. Its estate is valued at approximately $11.5 million in real property assets, offset by roughly $5.4 million in secured debt. Secured creditors include Kerry Welsh, Trustee of Stedgh Trust, Ben Ishi Hai Inc., San Francisco Tax Collector, and PKN Investments, LLC. The Debtor believes these secured creditors are "oversecured" and, thus, protected by substantial equity cushions (ranging from 20% to 73%). Beyond these cushions, the Debtor offers the following additional safeguards: 1. Monthly Payments: Contractual or partial interest payments made directly to lenders. 2. Replacement Liens: Granting lenders new liens on assets acquired post-petition to compensate for any potential decrease in the value of their original collateral. 3. DIP Accounts: Establishing ten distinct Debtor-in-Possession bank accounts—one for each property and one for general operations—to ensure transparent tracking of funds. The Debtor's latest bankruptcy filing follows a previous, successful Chapter 11 reorganization from 2022, but the Debtor was forced back into bankruptcy on Feb. 25 to stop a foreclosure on its 1010 Alabama Street property and address maturing "hard money" balloon payments. To transition out of bankruptcy, the Debtor intends to (i) conduct Section 363 sales of at least three properties (Grand Ave, 909 Hendley, and 2721 Victoria) to pay off high-interest hard money debt; (ii) consolidate remaining holdings into single-asset LLCs owned by the parent company; and (iii) aim for a 100% dividend to creditors, mirroring the success of its prior 2022 bankruptcy case. About Lucero LLC Lucero LLC provides services related to real estate, including property management, real estate appraisal, and other support services. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Cal. Case No. 26-30160) on February 25, 2026. In the petition signed by Henry Richard Lucero, co-managing member, the Debtor disclosed up to $50 million in assets and up to $10 million in liabilities. Judge Dennis Montali oversees the case. Matthew D. Metzger, Esq., at BELVEDERE LEGAL, P.C., represents the Debtor as legal counsel. LUMINAR TECHNOLOGIES: Seeks to Amend Final Cash Collateral Order ---------------------------------------------------------------- Luminar Technologies, Inc. and its debtor affiliates ask the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division, to modify the previously entered final cash collateral order to incorporate the terms of a global settlement reached among the Debtors, the creditors' committee, and the ad hoc noteholder group. The Debtors state that the amended and restated final cash collateral order would replace the existing order and reflect several key modifications. Specifically, the parties agreed to remove the variance testing covenant for professional fees of both the Debtors' advisors and the creditors' committee; authorize consensual use of cash collateral by the Debtors through the plan's Effective Date on terms consistent with the Global Settlement; extend the creditors' committee challenge period until the plan's Effective Date while tolling its investigation, limiting challenges to situations where the plan fails to go effective; and update the currently approved budget to reflect agreed-upon aggregate amounts for allowed professional fee claims and creditors' committee fees. The Debtors argue that these modifications are reasonable and necessary to effectuate the Global Settlement, which avoids potentially costly and time-consuming litigation, prevents delays in distributions to creditors, and balances the interests of all key stakeholders, including general unsecured creditors. The Debtor emphasizes that continued use of cash collateral under these terms is critical to fund the Chapter 11 cases, support operations, and ensure an orderly wind-down and transition to a liquidation trustee through plan confirmation. The Debtors note that all parties to the Global Settlement, including the ad hoc noteholder group and the creditors' committee, support the requested relief. A copy of the motion is available at https://urlcurt.com/u?l=71qbBB from PacerMonitor.com. About Luminar Technologies Luminar Technologies, Inc., is an automotive lidar manufacturer. Luminar Technologies and affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Texas Lead Case No. 25-90808) on Dec. 15, 2025. In its petition, Luminar reported estimated assets between $100 million and $500 million and estimated liabilities between $500 million and $1 billion. Luminar is represented by Ronit J. Berkovich, Esq., and Stephanie Nicole Morrison, Esq., at Weil, Gotshal & Manges LLP. The Company engaged Jefferies LLC, as investment banking advisers, and Portage Point Partners, LLC's Triple P TRS, LLC as restructuring advisor and to provide interim management services for the Company. Omni Agent Solutions, Inc. serves as the claims and noticing agent. Quantum Computing Inc., the proposed buyer for the Debtors' assets, is represented by Wilson Sonsini Goodrich & Rosati Professional Corporation. Ropes & Gray, LLP, serves as legal advisors and Ducera Partners LLC, acts as investment banker for the holders of Floating Rate Senior Secured Notes due 2028; 9.0% Convertible Second Lien Senior Secured Notes due 2030 -- Series 1 Notes -- and 11.5% Convertible Second Lien Senior Secured Notes due 2030 -- Series 2 Notes. GLAS Trust Company LLC, serves as Trustee and Collateral Agent for both the 1L and 2L Notes. M&J FINANCIAL: Richard Furtek Named Subchapter V Trustee -------------------------------------------------------- The U.S. Trustee for Regions 3 and 9 appointed Richard Furtek of Furtek & Associates, LLC as Subchapter V trustee for M&J Financial & Real Estate Services, LLC. Mr. Furtek will be paid an hourly fee of $325 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Furtek declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Richard E. Furtek Furtek & Associates, LLC Lindenwood Corporate Center 101 Lindenwood Drive, Suite 225 Malvern, PA 19355 Phone: (215) 768-8030 Email: rfurtek@furtekassociates.com About M&J Financial & Real Estate Services M&J Financial & Real Estate Services, LLC's principal assets are located at 2255 North Uber Street, Philadelphia, Pa. The Debtor sought protection under Chapter 11 of the Bankruptcy Code (Bankr. E.D. Pa. Case No. 26-10848) on March 2, 2026, with $1 million to $10 million in both assets and liabilities. Mary Akinboro, member, signed the petition. Judge Ashely M. Chan presides over the case. Frank L. Turner Jr., Esq. at FL Turner Law, PC represents the Debtor as bankruptcy counsel. MA MICRO: Triplepoint PVC Marks $1.6MM Loan at 79% Off ------------------------------------------------------ Triplepoint Private Venture Credit Inc. has marked its $1,666,000 loan extended to MA Micro Limited to market at $344,000 or 21% of the outstanding amount, according to Triplepoint PVC's 10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Triplepoint Private Venture Credit Inc. is a participant in a Growth Capital loan extended to MA Micro Limited. The loan is on non-accrual status. The loan matures on Dec. 31, 2026. TriplePoint Private Venture Credit Inc. is a closed-end, externally managed, non-diversified management investment company that provides debt financing to venture growth-stage companies. The Fund is led by James P. Labe as Chief Executive Officer and Sajal K. Srivastava as Chief Investment Officer, President and Director. The Fund can be reached at: James P. Labe TriplePoint Private Venture Credit Inc. 2755 Sand Hill Road, Suite 150 Menlo Park, CA 94025 Telephone: (650) 854-2090 About MA Micro Limited MA Micro Limited is a venture-backed company that has raised growth capital financing to support its expansion and development activities. MA MICRO: Triplepoint PVC Marks $1.6MM Note at 73% Off ------------------------------------------------------ Triplepoint Private Venture Credit Inc. has marked its $1,666,000 note issued by MA Micro Limited to market at $454,000 or 27% of the outstanding amount, according to Triplepoint PVC's 10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Triplepoint Private Venture Credit Inc. owns a Convertible Note issued by MA Micro Limited. The Note is on non-accrual status. The Note matures on Dec. 31, 2028. TriplePoint Private Venture Credit Inc. is a closed-end, externally managed, non-diversified management investment company that provides debt financing to venture growth-stage companies. The Fund is led by James P. Labe as Chief Executive Officer and Sajal K. Srivastava as Chief Investment Officer, President and Director. The Fund can be reached at: James P. Labe TriplePoint Private Venture Credit Inc. 2755 Sand Hill Road, Suite 150 Menlo Park, CA 94025 Telephone: (650) 854-2090 About MA Micro Limited MA Micro Limited is a venture-backed company that has raised growth capital and convertible note financing to fund its business growth and operations. MA MICRO: Triplepoint PVC Marks $555,000 Loan at 74% Off -------------------------------------------------------- Triplepoint Private Venture Credit Inc. has marked its $555,000 loan issued by MA Micro Limited to market at $144,000 or 26% of the outstanding amount, according to Triplepoint PVC's10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Triplepoint Private Venture Credit Inc. owns a Growth Capital loan issued by MA Micro Limited. The loan is on non-accrual status. The loan matures on Dec. 31, 2028. TriplePoint Private Venture Credit Inc. is a closed-end, externally managed, non-diversified management investment company that provides debt financing to venture growth-stage companies. The Fund is led by James P. Labe as Chief Executive Officer and Sajal K. Srivastava as Chief Investment Officer, President and Director. The Fund can be reached at: James P. Labe TriplePoint Private Venture Credit Inc. 2755 Sand Hill Road, Suite 150 Menlo Park, CA 94025 Telephone: (650) 854-2090 About MA Micro Limited MA Micro Limited is a venture-backed company that has raised growth capital and convertible note financing to fund its business growth and operations. MADISYN ON PARK: Hires Bleakley Bavol Denman & Grace as Counsel --------------------------------------------------------------- Madisyn on Park, LLC seeks approval from the U.S. Bankruptcy Court for the Middle District of Florida to employ Bleakley Bavol Denman & Grace as counsel. The firm will render these services: (a) analyze the financial situation, and render advice and assistance to the Debtor in determining legal options under Title 11, United States Code; (b) advise the Debtor with regard to the powers and duties in the continued operation of the business and management of the property of the estate; (c) prepare and file the petition, schedules of assets and liabilities, statement of affairs, and other documents as required by the Court; (d) represent the Debtor at the Section 341 Meeting of Creditors; (e) give the Debtor legal advice with respect to its powers and duties in the continued operation of its business and management of its property, if appropriate; (f) advise the Debtor with respect to its responsibilities in complying with the United States Trustee's Operating Guidelines and Reporting Requirements and with the rules of the court; (g) prepare, on behalf of the Debtor, necessary legal papers and appear on hearings thereon; (h) protect the interest of the Debtor in all matters pending before the court; (i) represent the Debtor in negotiation with its creditors in the preparation of the Chapter 11 Plan; and (j) perform all other legal services for the Debtor which may be necessary herein, and it is necessary for it to employ this attorney for such professional services. On March 3, 2026, the Debtor paid the firm a retainer of $15,000 plus $1,738 advance for the filing fee. Samantha Dammer, Esq., an attorney at Bleakley Bavol Denman & Grace, 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: Samantha L. Dammer, Esq. Bleakley Bavol Denman & Grace 15316 N. Florida Avenue Tampa, FL 33613 Telephone: (813) 221-3759 About Madisyn on Park LLC Madisyn on Park, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-01810) on Mar. 9, 2026, listing up to $10 million in both assets and liabilities. Samantha L. Dammer, Esq., at Bleakley Bavol Denman & Grace represents the Debtor as counsel. MARQUIS STAR: Seeks Approval to Tap Grady Hunt as Corporate Counsel ------------------------------------------------------------------- Marquis Star Holding, Inc. and Marquis Solar Frame Works, Inc. seek approval from the U.S. Bankruptcy Court for the Southern District of Florida to employ Grady Hunt PLLC as corporate counsel. The firm will provide these services: (a) assist the Debtors with matters relating to potential debtor-in-possession (DIP) financing and/or exit financing; (b) advise the Debtors on commercial agreements, corporate documentation, and other business matters that arise in the ordinary course of their operations during these Chapter 11 cases; (c) in coordination with the Debtors' bankruptcy counsel with respect to matters affecting the administration of these Chapter 11 cases and their restructuring efforts; and (d) provide the Debtors with additional corporate and transactional expertise necessary to support their restructuring and operational objectives. Colleen Grady, Esq., an attorney at Grady Hunt, 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: Colleen Grady, Esq. Grady Hunt PLLC 2525 Ponce de Leon Blvd., Suite 300 Coral Gables, FL 33134 Telephone: (305) 894-6543 About Marquis Star Holding Inc. Marquis Star Holding, Inc. is a Florida corporation that operates as a real estate holding company, owning multiple properties including a condominium in Florida and manufacturing facilities in Wisconsin, while Marquis Solar Frame Works, Inc. is a Wisconsin corporation engaged in the fabrication and supply of aluminum solar panel frames, operating manufacturing facilities in Wisconsin and Canada, including facilities owned by Marquis Star Holding, Inc. Marquis Star Holding, Inc. and Marquis Solar Frame Works, Inc. filed their petitions for relief under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Fla. Lead Case No. 26-10660) on January 20, 2026. Marquis Star listed $10 million to $50 million in assets and $1 million to $10 million in liabilities, while Marquis Solar listed $10 million to $50 million in assets and $1 million to $50 million in liabilities. Marquis Star Holding's petition was signed by its president, Michelle Chiever, while the petition for Marquis Solar Frame was signed by Jun Niu, the xompany's chief operating officer. The Debtors tapped Linda Leali, PA as bankruptcy counsel; BGV Law PLLC as special counsel; and the Hoffman Eells Group CPAs, PC as accountant. MCAFEE: Barings CI Marks $68,739 Loan at 78% Off ------------------------------------------------ Barings Corporate Investors has marked its $68,739 loan extended to Mcafee to market at $15,122 or 22% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a loan extended to Mcafee. The loan accrues interest at a rate of 10.350 per annum. The loan matures on July 27, 2028. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Mcafee Mcafee is a cybersecurity software company known for providing antivirus, endpoint protection and related security solutions to consumers and enterprises. MEGASLAB INC: Todd Hennings Named Subchapter V Trustee ------------------------------------------------------ The Acting U.S. Trustee for Region 21 appointed Todd Hennings, Esq., at Macey, Wilensky & Hennings, LLP as Subchapter V trustee for MEGASLAB, Inc. Mr. Hennings will be paid an hourly fee of $450 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Hennings declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Todd E. Hennings, Esq. Macey, Wilensky & Hennings, LLP 5500 Interstate North Parkway, Suite 435 Sandy Springs, GA 30328 Phone: (404) 584-1222 Email: info@joneswalden.com About MEGASLAB Inc. MEGASLAB, Inc. filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. N.D. Ga. Case No. 26-52937) on March 3, 2026, with up to $50,000 in assets and $100,001 to $500,000 in liabilities. Judge Lisa Ritchey Craig presides over the case. Henry F. Sewell, Jr., Esq., at the Law Offices of Henry F. Sewell, Jr., LLC represents the Debtor as bankruptcy counsel. MEMPHIS MADE: Seeks to Sell Brewery Business via Public Auction --------------------------------------------------------------- James E. Bailey, III, duly appointed and acting subchapter V trustee, of Memphis Made Brewing Company LLC, seeks permission from the U.S. Bankruptcy Court for the Western District of Tennessee, Western Division, to sell Property, free and clear of liens, claims, interests, and encumbrances. On August 7, 2025, the Debtor filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Western District of Tennessee. On January 29, 2026, the Court entered an Agreed Order whereby the Debtor agreed to no longer be a debtor-in-possession and the Trustee has been acting as a trustee-in-possession since that time. The Trustee has undertaken efforts to market the Debtor’s assets and has received one letter of intent for the purchase of all or substantially all the Debtor's assets. The offer, however, has certain contingencies, timelines, and offers total consideration which the Trustee, in consultation with the Debtor's representatives, Debtor's counsel, the Debtor's prepetition lender, Guaranty Bank and Trust Company, and the Debtor's landlord, PGK Properties, LLC, does not believe are in the best interest of the estate. The Trustee seeks to sell all or substantially all the Debtor's assets by way of public auction. The Trustee employs Benny Taylor and Taylor Auction & Realty, Inc. as professional auctioneer to conduct an auction for the sale of the Property. The Trustee seeks authority for Taylor to sell all or substantially all equipment, inventory, and intellectual property1 owned by the Debtor, free and clear of all liens, claims, interests and encumbrances by public auction. Neither the Trustee nor Taylor will make any representations as to the Property and the Trustee will convey the Property by Bill(s) of Sale to the successful purchaser(s) after the Auction. The Property will be sold as is-where is with no warranties express or implied. Taylor shall be entitled to a 10% seller's commission and a 10% buyer's premium for the auction sale plus reasonable expenses. In the event that the Trustee, in consultation with Taylor, the Debtor, Debtor's counsel, counsel for Bank, and Landlord, accepts an offer for the Purchase of the Property as a whole, Taylor has agreed to waive the 10% seller’s commission. The Trustee requests that all sale costs due from the estate be authorized to be paid at the conclusion of the Auction from the proceeds of the Auction with the net proceeds of the Auction to be remitted by Taylor to the Trustee. The Trustee believes that the auction of the Property is in the best interest of this estate and creditors insofar as it will produce immediate cash to the estate and will eliminate accruing administrative rent claims. The Trustee believes that selling the Property by public auction will result in a fair and reasonable price for the assets to be sold. About Memphis Made Brewing Company Memphis Made Brewing Company, LLC operates a small-batch craft brewery and taproom in downtown Memphis, Tennessee. It produces a variety of beers that are distributed locally to restaurants, bars, and retail establishments across the Memphis area. Memphis Made Brewing Company sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Tenn. Case No. 25-23931) on August 7, 2025, with $1 million to $10 million in assets and liabilities. Andrew Ashby, vice president, signed the petition. Judge M Ruthie Hagan presides over the case. Toni Campbell Parker, Esq., at the Law Firm of Toni Campbell Parker represents the Debtor as bankruptcy counsel. Guaranty Bank and Trust Company, as lender, is represented by R. Lee Webber, Esq., at Martin, Tate, Morrow & Marston, PC, in Memphis, Tennessee. MII AVIATION: Committee Seeks to Tap McGuireWoods as Legal Counsel ------------------------------------------------------------------ The official committee of unsecured creditors appointed in the Chapter 11 cases of MII Aviation Services LLC and and Michal International Investment LLC seeks approval from the U.S. Bankruptcy Court for the District of Delaware to employ McGuireWoods LLP as counsel. The firm's services include: (a) advise the committee with respect to its rights, powers, and duties as an official committee appointed under section 1102 of the Bankruptcy Code; (b) attend meetings and negotiate with representatives of the Debtors, any secured lender, and other creditors and parties in interest; (c) assist and advise the committee in its examination and analysis of the conduct of the Debtors' affairs; (d) investigate and analyze the validity, extent, and priority of any secured lender's purported security interests; (e) analyze and negotiate the terms of any debtor-in-possession (DIP) financing; (f) review and analyze all applications, motions, orders, statements of operations, and schedules filed with the Court, and advise the committee with respect thereto; (g) assist the committee in preparing pleadings and applications as may be necessary in furtherance of the committee's interests and objectives; (h) investigate prepetition transfers disclosed in the Debtors' Statements of Financial Affairs and advise the committee regarding potential preference and fraudulent transfer claims, and the transfer of such claims to any liquidating trust; (i) coordinate with Israeli counsel as necessary regarding parallel insolvency proceedings in Israel involving the Debtors' principal and certain portfolio companies; (j) assist and advise the committee with respect to its communications with the general creditor body regarding significant matters in these Chapter 11 cases; (k) analyze and advise the committee with respect to any proposed sale(s) of the Debtors' assets; (l) assist and advise the committee with respect to the formulation of a Chapter 11 liquidating plan and the establishment of any liquidating trust or litigation trust; (m) represent the committee in connection with disclosure statement approval, the solicitation process, and plan confirmation; and (n) perform all other necessary or appropriate legal services for the committee in connection with these Chapter 11 cases. The firm's counsel and paralegal discounted hourly rates are as follows: Dion Hayes, Partner $1,615 Aaron McCollough, Partner $1,401 Jory Berg, Associate $912 Morgan Mumford, Associate $751 Erin Cummings, Paralegal $394 In addition, the firm will seek reimbursement for expenses incurred. Mr. Hayes 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: Dion W. Hayes, Esq. McGuireWoods LLP Gateway Plaza, 800 East Canal Street Richmond, VA 23219 About MII Aviation Services LLC MII Aviation Services, LLC is an aviation services company that provides aircraft maintenance, repair, and related technical support services to commercial and private aviation clients. MII Aviation Services, LLC and Michal International Investment LLC filed Chapter 11 petitions (Bankr. D. Del. Case Nos. 26-10123 and 26-0124) on February 1, 2026. In their petitions, MII Aviation Services reported assets of between $1 million and $10 million and liabilities of between $10 million and $50 million while Michal International Investment reported assets of between $10 million and $50 million and liabilities of between $100 million and $500 million. The Debtors tapped Mark L. Desgrosseilliers, Esq., at Chipman Brown Cicero & Cole, LLP and Wollmuth Maher & Deutsch LLP as counsel. Arbel Capital Advisors LLC is the Debtor's restructuring and financial advisor. MS FREIGHT: Court Remands Guaranty Bank Case to State Court ----------------------------------------------------------- Judge Robert P. Chamberlin of the U.S. District Court for the Northern District of Mississippi granted Guaranty Bank and Trust Company's renewed motion to remand the case captioned as GUARANTY BANK AND TRUST COMPANY, PLAINTIFF V. WILLIAM E. WHITE, and MISSISSIPPI EXPRESS LOGISTICS, LLC, DEFENDANTS, Case No. 25-cv-00087 (N.D. Miss.) to the Circuit Court of Grenada County, Mississippi. Plaintiff Guaranty Bank and Trust Company (GBT) commenced this action in the Circuit Court of Grenada County, Mississippi, on May 15, 2025. The complaint alleges that the Defendants William E. White (White) and Mississippi Express Logistics, LLC (MS Express Logistics) served as personal and commercial guarantors on several defaulted loans for MS Freight Co., Inc. (MS Freight). White is the sole owner of both MS Freight and MS Express Logistics. MS Freight is not a defendant in this action and has filed Chapter 11 Bankruptcy. Neither White nor MS Express Logistics are debtors in that bankruptcy proceeding or any other bankruptcy proceeding. Defendants removed the case to this Court on June 18, 2025. In their Notice of Removal, Defendants asserted that the debtor on the loans, MS Freight, and possibly MS Express Logistics, owed a duty of indemnity to White. Defendants argued that these issues constituted "core proceedings” pursuant to 28 U.S.C. Sec. (b)(2)(A),(B),(F),(K),(M), and (O), and the case was removable under 28 U.S.C. Sec. 1452(a). Alternatively, Defendants argued that this action is a claim or cause of action arising in or related to bankruptcy, thereby granting jurisdiction to the United States District Court and/or the United States Bankruptcy Court pursuant to 28 U.S.C. Sec. 1334(b). GBT filed its Amended Motion to Remand on September 12, 2025. The threshold issue is whether this Court has jurisdiction over the litigation between GBT, White, and MS Express Logistics. Defendants argue that White's potential indemnification claim against the debtor, MS Freight, constitutes a "core proceeding” pursuant to 28 U.S.C. Sec. 157. If so, the case is properly in federal court. Plaintiff argues that this action is a non-core proceeding mandating abstention under 28 U.S.C. Sec. 1334(c)(2). White alleges that the outcome of this case could affect the rights of the creditors involved in the bankruptcy proceeding. However, White's indemnity argument, if applicable, does not create a new liability for the Debtor corporation. The underlying debt already exists because the debtor corporation borrowed the funds from the bank. If White and/or MS Express Logistics are required to pay the bank as guarantors on the loans, that would merely substitute White for the bank as the creditor of the same debt. In other words, the Debtor corporation would still owe the same debt -- it would simply be owed to White rather than the bank. Accordingly, the Court finds the outcome of the guaranty action does not increase the Debtor's total liabilities or create an additional obligation for the Debtor. The Court concludes that the action is a non-core proceeding based entirely on state law and that abstention, whether mandatory or permissive, is appropriate. A copy of the Court's Memorandum Opinion dated March 11, 2026, is available at http://urlcurt.com/u?l=e7tUuH About MS Freight Co. MS Freight Co., Inc., filed a Chapter 11 petition (Bankr. N.D. Miss. Case No. 24-13745) on November 25, 2024, listing up to $10 million in both assets and liabilities. Will White, president of MS Freight Co., signed the petition. Judge Jason D. Woodard oversees the case. Craig M. Geno, Esq., at the Law Offices of Craig M. Geno, PLLC, represents the Debtor as bankruptcy counsel. Red Iron, as lender, is represented by P. Garner Vance, Esq. at Bradley Arant Boult Cummings, LLP. MSI EXPRESS: Barings CI Marks $1.4MM Loan at 26% Off ---------------------------------------------------- Barings Corporate Investors has marked its $1,468,311 million loan extended to MSI Express to market at $1,085,493 or 74% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to MSI Express. The Loan accrues interest at a rate of 8.47% (SOFR + 4.750%) per annum. The Loan matures on March 24, 2031. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About MSI Express MSI Express is a contract manufacturer and packager of shelf-stable food and beverages for major consumer packaged goods companies. MULTI-COLOR CORP: Case Remains in New Jersey Over 'Loophole' ------------------------------------------------------------ Alex Wittenberg of Law360 Bankruptcy Authority reports that on Monday, March 16, 2026, a New Jersey bankruptcy judge rejected efforts to move Multi-Color Corp.'s Chapter 11 case to another district, citing a statutory "loophole" that supports maintaining venue in the state. The decision overrides arguments that the case would be better managed elsewhere. Multi-Color Corp., a manufacturer of labeling products, had sought transfer as part of broader strategic considerations during its restructuring process. The company is navigating creditor claims and asset reorganizations while working to stabilize operations, the report states. The court's decision underscores the importance of statutory interpretation in bankruptcy venue questions. With the case remaining in New Jersey, all proceedings, filings, and hearings will continue under the jurisdiction of the current judge, according to Law360. About Multi-Color Corp. Multi-Color Corporation (MCC) provides prime label solutions to some of the world's most recognizable brands across a broad range of consumer-oriented end categories. Founded in 1916 and now headquartered in Atlanta, Georgia, the Company operates more than 90 facilities across over 25 countries, including 39 in North America, and employs approximately 12,800 people worldwide. Multi-Color Corp. and its affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.N.J. Lead Case No. 26-10910) on January 29, 2026. In its petition, MCC listed assets between $1 billion and $10 billion and liabilities of $5.9 billion. The Honorable Bankruptcy Judge Michael B. Kaplan handles the case. Kirkland & Ellis LLP and Cole Schotz P.C. are serving as legal counsel, Evercore is serving as investment banker, AlixPartners is serving as financial advisor, Quinn Emanuel Urquhart & Sullivan, LLP is serving as special counsel to the Special Committee of LABL, Inc.â€™s Board of Directors, and FGS Global is serving as strategic communications advisor to the Company. Kurtzman Carson Consultants, LLC, doing business as Verita Global, is the claims agent. Debevoise & Plimpton LLP and Latham & Watkins LLP are serving as legal counsel to CD&R and Moelis & Company LLC is serving as financial advisor. Milbank LLP and PJT Partners serve as legal counsel and financial advisor, respectively, to the ad hoc group of secured creditors. NATHAN SPENCER: Seeks to Hire Michael Jay Berger as Legal Counsel ----------------------------------------------------------------- Nathan Spencer Home LLC seeks approval from the U.S. Bankruptcy Court for the Central District of California to employ the Law Offices of Michael Jay Berger as counsel. The firm's services include: (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 United States trustee (the "OUST"); (e) prepare status reports as required by the Court; (f) respond to any motions filed in the Debtor's bankruptcy pproceeding; and (g) if appropriate, prepare a Chapter 11 Plan of Reorganization for the Debtor. The firm's hourly rates for 2025 are as follows: Michael Jay Berger, Attorney $695 Sofya Davtyan, Partner $645 Robert Poteete, Attorney $475 Senior Paralegals and Law Clerks $275 Bankruptcy Paralegals $200 On Jan. 22, 2026, the Debtor paid the firm the first installment of $12,500. On February 11, 2026, it paid the firm the second installment of $12,500 and the $1,738 filing fee. 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 Boulevard, 6th Floor Beverly Hills, CA 90212 Telephone: (310) 271-6223 Facsimile: (310) 271-9805 Email: michael.berger@bankruptcypower.com About Nathan Spencer Home LLC Nathan Spencer Home LLC Dsought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 26-10422) on Feb. 27, 2026, with $100,001 to $500,000 in assets and $500,001 to $1 million in liabilities. The Law Offices of Michael Jay Berger represents the Debtor as counsel. NAVAJO SMILES: Gets Interim OK to Use Cash Collateral Until April 2 ------------------------------------------------------------------- Navajo Smiles, LLC received interim approval from the U.S. Bankruptcy Court for the District of Arizona to use cash collateral to fund operations. Under the interim order, the Debtor is authorized to use cash collateral for operating expenses according to an approved interim budget, with spending allowed up to a 10% variance. This authorization will remain in effect until a final hearing scheduled for April 2 where the court will consider approving the relief on a final basis. Any objections must be filed by March 27. To protect Columbia State Bank, the court granted the secured creditor replacement liens on the Debtor's post-petition assets, with the same priority and validity as its pre-petition liens. The bank will also receive security interests in the Debtor's deposit accounts to the extent of any reduction in the value of its collateral resulting from the Debtor's use of cash collateral during the bankruptcy case. The order is available at https://is.gd/QN2fPB from PacerMonitor.com. Navajo Smiles' financial difficulties stemmed largely from internal accounting and administrative errors, including inaccurate tracking of accounts receivable and insurance adjustments by a former office manager, which led to inflated revenue projections. In 2025, the Debtor implemented new practice management software and hired consultants to address declining profitability but the software initially misrecorded prior accounting data, creating roughly $400,000 in illusory receivables and causing months of operational disruption. Personnel turnover, including the office manager's resignation, further complicated stabilization efforts. To cover expenses during this period, the Debtor obtained small, high-interest loans, increasing its financial burden. Over time, accounting issues were corrected and a new administrative team hired, stabilizing operations and beginning to improve revenue, though high-interest loan obligations continue to prevent profitability, prompting the Chapter 11 filing. The Debtor identifies two creditors with purported secured interests: Columbia State Bank, which holds a senior lien on substantially all assets, including accounts receivable, with an estimated outstanding loan balance of $1,998,743; and FinWise Bank, which holds junior interests in certain dental supplies. The Debtor projects $229,862 in collectible receivables after insurance adjustments, with Columbia's claim far exceeding FinWise's collateral, which does not generate cash proceeds requiring additional protection. Receivables from dental services are the primary source of cash, which the Debtor plans to use according to a monthly budget while reorganizing. About Navajo Smiles LLC Navajo Smiles, LLC operates a dental clinic in Peoria, Arizona. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Ariz. Case No. 2:26-bk-02081) on March 6, 2026. In the petition signed by Chad Lyons, member, the Debtor disclosed up to $500,000 in assets and up to $10 million in liabilities. Judge Brenda K. Martin oversees the case. Thomas H. Allen, Esq., at Allen, Jones & Giles, PLC, represents the Debtor as legal counsel. NAVIA BENEFIT: Barings CI Marks $3.5MM Loan at 31% Off ------------------------------------------------------ Barings Corporate Investors has marked its $3,500,00 loan extended to Navia Benefit Solutions, Inc. to market at $2,406,170 or 69% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to Navia Benefit Solutions, Inc. The loan accrues interest at a rate of 8.17% (SOFR + 4.500%) per annum. The loan matures on Dec. 31, 2032. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Navia Benefit Solutions, Inc Navia Benefit Solutions, Inc. is a third-party administrator of employee-directed health care benefits. NUMERICAL CONCEPTS: To Sell Terre Haute Property to Central States ------------------------------------------------------------------ Numerical Concepts Inc. seeks permission from the U.S. Bankruptcy Court for the Southern District of Indiana, Terre Haute Division, to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor's Property is located at 4040-4048 E. 1st Parkway, Harrison Township, Vigo County, Terre Haute, Indiana 47804. The prospective purchaser is Central States Galvanizing LLC, an Indiana Limited Liability Company The Prospective Purchaser has made an offer to purchase this real estate consistent with the terms in a purchase agreement. The contingencies to the sale are completion of reasonable due diligence within 60 days from the execution date, including but not limited to, appropriate environmental reports. The purchase price is $1,390,000.00. The sale proceeds will be used to pay the costs of sale, including 6% compensation to each broker ($83,400 total) as well as additional estimated post-petition real estate taxes, currently estimated at $16,532.84, and smaller costs of closing. Debtors therefore project current net sale proceeds of $1,290,067.16. This amount may change should additional post-petition real estate taxes be incurred. Debtors’ principals are infusing additional cash into the Debtor to pay for clean-up services and to prepare the Real Estate for sale pursuant to the Purchase Agreement. Such expenses are not expected to be reimbursed from the sale proceeds. The debtor utilized Adam Stephenson of Allies Commercial Realty, LLC, per the Application to Employ Broker previously filed with this Court to market the Real Estate. Compensation will be paid to the Broker at closing. Although other Letters of Intent were received, no other offers to purchase were received and this proposed sale is the highest and best offer received. There are no known relationship between the Prospective Purchaser and its insiders and the Debtors and its insiders. The Real Estate does not include personally identifiable information. There will be no relationship or connections between the Debtor and its insiders with the Prospective Purchaser after the sale. The net proceeds of the sale after costs of sale and payment of post-petition real estate taxes shall be held by the Debtor. All existing liens on the Real Estate shall attach to the sale proceeds in their current priority pending further order of the Court. About Numerical Concepts Inc. Numerical Concepts Inc. is a woman-owned manufacturer established in 1973, specializing in the design and fabrication of both custom-built machines and individual components for various industries worldwide. Operating from a 78,000-square-foot facility, the Company offers comprehensive services including machining, assembly, inspection, and testing with minimal subcontracting. Leveraging over 450 years of combined management and machinist experience, Numerical Concepts serves as a one-stop provider of complex equipment and parts with a focus on quality and customer satisfaction. Numerical Concepts Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Ind. Case No. 25-80405) on August 11, 2025. In its petition, the Debtor reported between $1 million and $10 million in assets and liabilities. Honorable Bankruptcy Judge Jeffrey J. Graham handles the case. The Debtor tapped Jason T. Mizzell, Esq., at Kroger, Gardis & Regas, LLP as counsel and Sackrider & Company as accountant. OAKLAWN HOSPITAL: Fitch Lowers IDR to 'BB+', Outlook Negative ------------------------------------------------------------- Fitch Ratings has downgraded Oaklawn Hospital's Issuer Default Rating (IDR) and the long-term rating on approximately $60.7 million of series 2016 fixed-rate revenue bonds issued by the Calhoun County Hospital Finance Authority on behalf of Oaklawn to 'BB+' from 'BBB-'. The Rating Outlook is Negative. Entity/Debt Rating Prior ----------- ------ ----- Oaklawn Hospital (MI) LT IDR BB+ Downgrade BBB- Oaklawn Hospital (MI) /General Revenues/1 LT LT BB+ Downgrade BBB- Oaklawn's downgrade results from pressured operations. In FY2026, to date (unaudited, nine-months ended Dec. 31, 2025), Oaklawn reported an operating loss of approximately $6.5 million, resulting in a negative 0.1% operating EBITDA margin. This marks a significant deterioration from the 3.2% operating EBITDA margin for the same period FY2025. YTD pressures are driven by losses in some service lines, payment issues with rising denials/bad debt, and more expensive external support for operations. The Negative Outlook reflects Fitch's expectations that these challenges will persist. The 'BB+' rating reflects Fitch's view that Oaklawn has some stability from its market position in its stable service area. Fitch expects operations to remain pressured over the next few years as Oaklawn focuses on culling certain unprofitable service lines while investing in services that generate positive returns. Based on management's strategic initiatives, Fitch expects Oaklawn to cut its operating loss in half in FY2027 and reach breakeven in FY2028. A failure to do so would result in continued downward rating pressure. While Oaklawn's financial profile continued to be affected by stressed operations, Fitch views it supportive of the current rating. A higher financial profile is limited by a somewhat narrow geographic reach, physician concentration, and the fact that competition is present in the broader service area. SECURITY Bonds are secured by a gross revenue pledge of the obligated group and a mortgage on the acute care hospital. Oaklawn's main receipts account is also subject to an account control agreement that would facilitate the master trustee's ability to gain control over the gross revenues upon occurrence of certain events of default. The debt service coverage covenant is 1.1x, which Oaklawn expects to achieve in FY2026. KEY RATING DRIVERS Revenue Defensibility - bbb Strong Local Market Position Oaklawn is a near market leader in its primary service area (PSA) covering the eastern two-thirds of Calhoun County, MI and portions of surrounding counties. It faces competition in the broader market. Per management, Oaklawn captured 24% share of the PSA in 2024, with Bronson Battle Creek Hospital (a member of Bronson Healthcare) had nearly 26%, and Allegiance Health (a member of Henry Ford Health) had roughly 15%. There is out-migration to markets such as Ann Arbor, Lansing, and Kalamazoo, although those tend to be for services not offered by Oaklawn. The hospital's small size and some physician concentration increase potential revenue volatility, which is mitigated by strong physician alignment. Fitch considers Oaklawn's service area characteristics to be generally stable. Population trends in Calhoun County are flat. While the median household income level in the county is below state and national averages, the opening of the Ford BlueOval Battery Plant in Marshall later in 2026 will support local area service area characteristics. Combined Medicaid and self-pay continues to remain below the 25% threshold for a midrange assessment. Operating Risk - b Margins Facing Pressure The increase in Oaklawn's fiscal 2025 productivity and volumes were offset by losses in certain service lines, increasing payor denials and bad debt. Oaklawn continues to benefit from Medicaid rate adjustments in place through September 2026. Management expects losses to continue through FY2026 and finish well below budget because of losses in certain service lines, lower payments and higher denials from payors, and rising labor costs, particularly from locum physicians in the gastro service lines. Management is contemplating suspending or eliminating service lines that operate a net loss. Further strategic initiatives include building and growing net positive service lines and eliminating agency staffing. Given operating challenges Oaklawn is preserving its cash by suspending all but essential capital spending in FY2026 and extending the strategy into FY2027. Capital spending requests are prioritized on an as-needed basis. Oaklawn's average age of plant measured a high 23.2 years at fiscal YE 2025, although the capital spending ratio exceeded 100% in FY23-FY25. Financial Profile - bb Adequate Financial Profile Oaklawn's financial profile is consistent with a weak assessment in the context of its midrange revenue defensibility and weak operating risk profile assessments. Fitch expects capital-related ratios to be adequate in the forward-looking scenario analysis. However, continued operating stress could present pressure in a stress case. Adjusted debt at fiscal YE 2025 was equivalent to total direct debt of $66 million. Unrestricted cash and investments measured nearly $63.6 million at fiscal YE 2025. Cash-to-adjusted debt measured 95% and net adjusted debt-to-adjusted EBITDA was 0.4x. Fitch expects stabilized and improving operating margins to allow Oaklawn to build cash slowly and steadily in the forward-looking base case, leading to improved capital-related ratios. In the stress case, cash-to-adjusted remains in the 70% range. RATING SENSITIVITIES Factors that Could, Individually or Collectively, Lead to Negative Rating Action/Downgrade - Maintenance of weak operating margins, such that the operating EBITDA margin remains below 5%; - Weaker liquidity, leading to cash-to-adjusted debt sustained closer to 50% in a stress case. Factors that Could, Individually or Collectively, Lead to Positive Rating Action/Upgrade - Growth in volumes leading to improvement and maintenance of operating margins around 6%-7%; - Improved liquidity and capital-related ratios, particularly if cash-to-adjusted debt is sustained above 100% even in a stress scenario; - Expanded market reach without diluting operating metrics. PROFILE Oaklawn is a 78-staffed bed community hospital located in Marshall, MI. Marshall is located in southcentral Michigan, approximately 13 miles east of Battle Creek. Oaklawn recorded operating revenue of nearly $191 million in audited fiscal 2025 (ended March 31). 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. OMEGA HOLDINGS: Barings CI Marks $1.2MM Loan at 29% Off ------------------------------------------------------- Barings Corporate Investors has marked its $1,250,884 loan extended to Omega Holdings to market at $882,734 or 71% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a Senior Term loan extended to Omega Holdings. The Loan accrues interest at a rate of 8.97% (SOFR + 5.000%) per annum. The Loan matures on March 30, 2029. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Omega Holdings Omega Holdings is a distributor of aftermarket automotive air conditioning products. ONSITE DEALER: Barings CI Marks $3.3MM Loan at 75% Off ------------------------------------------------------ Barings Corporate Investors has marked its $3,362,571 loan extended to Onsite Dealer Solutions to market at $847,243 or 25% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to Onsite Dealer Solutions. The loan accrues interest at a rate of 8.64% (SOFR + 4.750%) per annum. The loan matures on Oct. 15, 2031. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Onsite Dealer Solutions Onsite Dealer Solutions is a regional provider of automotive reconditioning services, including detailing, refinishing, paintless dent repair and other make-ready services for auto dealers. OVERALL HOME: L. Todd Budgen Named Subchapter V Trustee ------------------------------------------------------- The Acting U.S. Trustee for Region 21 appointed L. Todd Budgen, Esq., a practicing attorney in Longwood, Fla., as Subchapter V trustee for Overall Home Remodeling, LLC. Mr. Budgen will be paid an hourly fee of $400 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Budgen declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: L. Todd Budgen, Esq. P.O. Box 520546 Longwood, FL 32752 Tel: (407) 232-9118 Email: Todd@C11Trustee.com About Overall Home Remodeling LLC Overall Home Remodeling, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-01465) on March 3, 2026, with $500,001 to $1 million in both assets and liabilities. Judge Lori V. Vaughan presides over the case. PARAMOUNT INTERMODAL: To Sell Chassis to J&D Transportation ----------------------------------------------------------- Paramount Intermodal Systems, Inc., seeks approval from the U.S. Bankruptcy Court for the Central District of California, Los Angeles Division, to sell Assets, free and clear of liens, claims, interests, and encumbrances. The Debtor wants to sell approximately five chassis (the chassis is the trailer towed behind a truck cab, and shipping containers clip onto the chassis). The Debtor proposes Sale Procedures to sell certain chassis on ten calendar days' notice to the top 20 unsecured creditors, any secured creditors, the Office of the United States Trustee, and parties requesting special notice. The United States Trustee appointed Arturo M. Cisneros as subchapter V trustee. The Debtor is a transportation and logistics company that was founded in 2012 as an OTR (over the road) trucking company based in the San Gabriel Valley, California. Paramount's services cover the entire supply chain process, from the moment goods arrive at the port to their final destination. This full-service approach set the Company apart from its competitors and contributed to its significant growth under Orellana's leadership, with revenues increasing from approximately $3-4 million in 2012 to $7-8 million by 2020. The COVID-19 pandemic and its aftermath presented both opportunities and challenges for Paramount. However, the transportation industry faced a significant correction beginning in the second half of 2023. This led to a drastic decline in revenue generated from warehouse storage, falling by over 70% from monthly levels of $2.80 to $3.00 per square foot to current rates of $0.75 to $1.10 per square foot. The Debtor owns a fleet of approximately 249 chassis (the chassis is the trailer towed behind a truck cab, and shipping containers clip onto the chassis), valued at $1.4 million to $1.8 million, purchased all in cash during 2021 and 2022. The Debtor charges a daily rate of $6.95 to rent out these chassis to truckers in exchange for payments. However, with the current transportation recession, there is minimal demand for chassis rentals. In March 2026, the Debtor received an offer for the purchase of five of its chassis for a total of $60,000, which represents a payment of $12,000 per chassis. The offer is from a third party transportation company, J&D Transportation, Inc. 3700 Santa Fe Ave., #305, Long Beach CA 90810. The Debtor originally purchased these 5 chassis in 2018 for approximately $15,600 each new. The Assets will be sold "as is, where is". The Debtor has determined, in its reasonable business judgment, that the Assets are no longer essential for its business operations. Due to the transportation recession, the Debtor has had trouble renting out the chassis to vendors. The Debtor proposes to sell the Assets in an expedient and cost-effective manner. About Paramount Intermodal Systems Paramount Intermodal Systems Inc. is a logistics company focused on import and export transportation, providing services like dry and refrigerated transloading, port and rail truck drayage, and transporting oversized loads. The Company manages a fleet of owner-operator trucks and prioritizes efficiency through automated reporting using its Transportation Management System (TMS). With several locations across California and operations at key ports, Paramount Intermodal caters to industries in need of dependable, specialized freight solutions, including the transportation of perishable items. Paramount Intermodal Systems Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 25-12098) on March 14, 2025. In its petition, the Debtor reports estimated assets between $1 million and $10 million and estimated liabilities between $500,000 and $1 million. Honorable Bankruptcy Judge Deborah J. Saltzman handles the case. The Debtor is represented by Ron Bender, Esq., at Levene, Neale, Bender, Yoo & Golubchik LLP. PARAMOUNT ROOFING: Daniel Behles Named Subchapter V Trustee ----------------------------------------------------------- The U.S. Trustee for Region 14 appointed Daniel Behles, Esq., at 709 Consulting, LLC as Subchapter V trustee for Paramount Roofing LLC, A New Mexico LLC. Mr. Behles will be paid an hourly fee of $300 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Behles declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. About Paramount Roofing LLC Paramount Roofing LLC, A New Mexico LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D.N.M. Case No. 26-10274) on March 2, 2026, with $100,001 to $500,000 in assets and $500,001 to $1 million in liabilities. Judge Robert H. Jacobvitz presides over the case. Joseph Yar, Esq. at Velarde & Yar represents the Debtor as legal counsel. POINT CLEAR: Hires Michael P. Dickey, PLLC as Litigation Counsel ---------------------------------------------------------------- Point Clear Capital Advisors, LLC and its affiliates seek approval from the U.S. Bankruptcy Court for the Northern District of Florida to employ The Law Office of Michael P. Dickey, PLLC as special litigation counsel. The firm assist, advise, and represent the Debtors in the state court action styled David Almond, et al. vs. Darryl Seelhorst, Point Clear Capital Management, LLC, Point Clear Capital Advisors, et al. (Case No. 25-CA-000133), which was pending in the Circuit Court of Bay County, Florida, pre-petition and has since been removed to this Court under Adversary Proceeding No. 25-03026-JCO. Dickey's hourly rates are Michael P. Dickey $600 Partners $600 Paralegals $175 Michael Dickey, Esq., a partner at Law Offices of Michael P. Dickey, PLLC, assured the court that his firm is a "disinterested person" within the meaning of 11 U.S.C. Sec. 101(14). The firm can be reached through: Michael P. Dickey, Esq. Law Offices of Michael P. Dickey, PLLC 430 W 5th St #400 Panama City, FL 32401 Tel: (850) 204-9990 About Point Clear Capital Advisors Point Clear Capital Advisors, LLC provides investment management and advisory services and is based in Pensacola, Florida. Point Clear Capital Advisors and their affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Fla. Case No. 25-30963) on Oct. 1, 2025. The case is jointly administered in Case No. 25-30963. In its petition, Point Clear Capital Advisors reported between $100 million and $500 million in assets and liabilities. Honorable Bankruptcy Judge Peggy Hunt handles the case. The Debtors are represented by Stichter, Riedel, Blain & Postler, PA. POST OFFICE SQUARE: CTA Taps Pick & Zabicki as Substitute Counsel ----------------------------------------------------------------- Chad B. Weinstein, as administrator CTA of the estate of Larry B. Weinstein seeks approval from the U.S. Bankruptcy Court for the Southern District of New York to hire Pick & Zabicki LLP as substitute counsel in place of Barr Legal, PLLC. Pick & Zabicki will handle the bankruptcy proceedings and proceed with the filing of a Motion to Dismiss the pending Chapter 11 case. The firm's hourly rates are: Partners $475 to $565 Associates $250 to $385 Paraprofessionals $125 Pick & Zabicki LLP is a "disinterested person" within the meaning of Sections 101(14) and 327 of the Bankruptcy Code, according to court filings. The firm can be reached at: Douglas J. Pick, Esq. Eric C. Zabicki, Esq. PICK & ZABICKI LLP 369 Lexington Avenue, 12th Floor New York, NY 10017 Telephone: (212) 695-6000 About Post Office Square, LLC Post Office Square, LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. S.D.N.Y. Case No. 20-23058) on September 18, 2020, listing $1 million to $10 million in both assets and liabilities. Judge Robert D. Drain presides over the case. Harvey S. Barr, Esq. at BARR LEGAL, PLLC serves as the Debtor's counsel. PRO VISION: Barings CI Marks $1.8MM Loan at 19% Off --------------------------------------------------- Barings Corporate Investors has marked its $1,871,746 loan extended to Pro Vision to market at $1,522,580 or 81% of the outstanding amount, according to Barings CI’s N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to Pro Vision. The loan accrues interest at a rate of 8.22% (SOFR + 4.500%) per annum. The loan matures on Sept. 23, 2030. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Pro Vision Pro Vision is a provider of mobile video technology solutions, including vehicle video recording systems, body-worn cameras, data management and cloud-based storage solutions for commercial, transit and public safety organizations. PROFITOPTICS: Barings CI Marks $1.6MM Loan at 23% Off ----------------------------------------------------- Barings Corporate Investors has marked its $1,662,903 loan extended to ProfitOptics to market at $1,662,903 or 77% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to ProfitOptics. The Loan accrues interest at a rate of 9.57% (SOFR + 5.750%) per annum. The Loan matures on March 15, 2028. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About ProfitOptics ProfitOptics is a software development and consulting company that delivers custom solutions via its proprietary Catalyst software development platform. PROFRAC HOLDING: Reduces Credit Line to $275MM in Ninth Amendment ----------------------------------------------------------------- ProFrac Holding Corp. disclosed in a regulatory filing that the parties to the Credit Agreement, dated March 4, 2022, by and among ProFrac Holdings II, LLC, ProFrac Holdings, LLC, the other Guarantors party thereto, each of the Lenders party thereto and JPMorgan Chase Bank, N.A., as the Agent and the Collateral Agent, entered into the Ninth Amendment to Credit Agreement. The Ninth Amendment provided for, inter alia, the following changes to the Credit Agreement: (a) maximum availability was reduced to $275 million, (b) scheduled maturity was extended six months to September 3, 2027, (c) the applicable margin for SOFR rate loans was revised to range from 1.75% to 2.25%, subject to step-ups of 0.25% at three month intervals following the amendment effective date, up to a range from 3.00% to 3.50%, (d) the unused line fee was revised to 0.375% at all times, (e) certain negative covenant exceptions were curtailed or removed and (f) the $15 million minimum liquidity covenant was replaced with a $45 million minimum availability covenant. A full text copy of the Ninth Amendment is available at https://tinyurl.com/5xu6ah5b About ProFrac Holding ProFrac Holding Corp. is a technology-focused, vertically integrated, innovation-driven energy services holding company providing hydraulic fracturing, proppant production, other completion services and other complementary products and services including distributed power generation to leading upstream oil and natural gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources throughout the United States. Founded in 2016, ProFrac was built to be the go-to service provider for E&P companies' most demanding hydraulic fracturing needs. ProFrac Corp. operates in three business segments: Stimulation Services, Proppant Production and Manufacturing. As of September 30, 2025, the Company had $2.7 billion in total assets, $1.7 billion in total liabilities, $91.9 million in noncontrolling interests. and $953.9 million in total stockholders' equity. * * * In December 2025, S&P Global Ratings lowered its issuer credit rating on hydraulic fracturing equipment and services providerProFrac Holding Corp. to 'CCC' from 'CCC+'. S&P also lowered its issue-level rating on the company's senior secured notes to 'B-' from 'B', reflecting the lower issuer credit rating. The '1' recovery rating (rounded estimate: 95%) was unchanged." S&P subsequently withdrew these ratings. At the time of the withdrawal, the outlook was negative. PSI SERVICES: 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 PSI Services III, Inc. 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 PSI Services III Inc. PSI Services III, Inc., also known as PSI Family Services, provides behavioral health and social services including outpatient mental health treatment, rehabilitation programs, and counseling for individuals and families. The organization also offers foster care, adoption, and family support services delivered under programs funded by federal and state agencies. PSI Services III, Inc. operates community-based health and social service programs primarily in Washington, D.C. and the surrounding Maryland region. The Debtor filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code ((Bankr. D.D.C. Case No. 26-00097) on March 3, 2026, with $1 million to $10 million in both assets and liabilities. Shawn Rubbin, chief advancement officer, signed the petition. Judge Elizabeth L. Gunn presides over the case. Justin P. Fasano, Esq. at McNamee Hosea, P.A. represents the Debtor as legal counsel. PSI SERVICES: Seeks to Hire McNamee Hosea as Bankruptcy Counsel --------------------------------------------------------------- PSI Services III Inc. seeks approval from the U.S. Bankruptcy Court for the District of Columbia to employ McNamee Hosea, PA as counsel. The firm's services include: (a) provide the Debtor legal advice with respect to its powers and duties and in the operation of its business and management of its property; (b) prepare any necessary legal papers and appear on the Debtor's behalf in proceedings instituted by or against it; (c) assist the Debtor in the confirmation of a plan; (d) assist the Debtor with other legal matters related to its reorganization; and (e) perform all of the legal services for the Debtor that may be necessary or desirable herein. The firm received a retainer of $35,000 from the Debtor. Justin fasano, Esq., an attorney at McNamee Hosea, 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: Justin P. Fasano, Esq. McNamee Hosea, PA 6404 Ivy Lane, Suite 820 Greenbelt, MD 20770 Telephone: (301) 441-2420 Email: jfasano@mhlawyers.com About PSI Services III Inc. PSI Services III, Inc., also known as PSI Family Services, provides behavioral health and social services including outpatient mental health treatment, rehabilitation programs, and counseling for individuals and families. The organization also offers foster care, adoption, and family support services delivered under programs funded by federal and state agencies. PSI Services III, Inc. operates community-based health and social service programs primarily in Washington, D.C. and the surrounding Maryland region. PSI Services III sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.D.C. Case No. 26-00097) on Mar. 3, 2026. In the petition signed by Shawn Rubbin, chief advancement officer, the Debtor dislosed up to $10 million in both assets and liabilities. Judge Elizabeth L. Gunn oversees the case. The Debtor tapped Justin P. Fasano, Esq., at McNamee Hosea, PA as counsel. QUICK COMMERCE: Triplepoint PVC Marks $143,000 Loan at 29% Off -------------------------------------------------------------- Triplepoint Private Venture Credit Inc. has marked its $143,000 loan extended to Quick Commerce Ltd. to market at $102,000 or 71% of the outstanding amount, according to Triplepoint PVC's 10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Triplepoint Private Venture Credit Inc. is a participant in a Growth Capital loan extended to Quick Commerce Ltd. The Loan accrues interest at a rate of 6.00% PIK interest rate, 3.75% EOT payment per annum. The Loan matures on Dec. 31, 2028. TriplePoint Private Venture Credit Inc. is a closed-end, externally managed, non-diversified management investment company that provides debt financing to venture growth-stage companies. The Fund is led by James P. Labe as Chief Executive Officer and Sajal K. Srivastava as Chief Investment Officer, President and Director. The Fund can be reached at: James P. Labe TriplePoint Private Venture Credit Inc. 2755 Sand Hill Road, Suite 150 Menlo Park, CA 94025 Telephone: (650) 854-2090 About Quick Commerce Ltd. Quick Commerce Ltd. is a growth-stage company that has obtained a growth capital loan to support the expansion of its operations and business platform. QUICK COMMERCE: Triplepoint PVC Marks $859,000 Loan at 28% Off -------------------------------------------------------------- Triplepoint Private Venture Credit Inc. has marked its $859,000 loan extended to Quick Commerce Ltd. to market at $614,000 or 72% of the outstanding amount, according to Triplepoint PVC's 10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Triplepoint Private Venture Credit Inc. is a participant in a Growth Capital loan extended to Quick Commerce Ltd. The Loan accrues interest at a rate of 6.00 % PIK interest rate, 3.75 % EOT payment per annum. The Loan matures on Dec. 31, 2028. TriplePoint Private Venture Credit Inc. is a closed-end, externally managed, non-diversified management investment company that provides debt financing to venture growth-stage companies. The Fund is led by James P. Labe as Chief Executive Officer and Sajal K. Srivastava as Chief Investment Officer, President and Director. The Fund can be reached at: James P. Labe TriplePoint Private Venture Credit Inc. 2755 Sand Hill Road, Suite 150 Menlo Park, CA 94025 Telephone: (650) 854-2090 About Quick Commerce Ltd. Quick Commerce Ltd. is a growth-stage company that has obtained a growth capital loan to support the expansion of its operations and business platform. RAMH ENTERTAINMENT: Seeks Cash Collateral Access ------------------------------------------------ RAMH Entertainment, LLC asks the U.S. Bankruptcy Court for the Eastern District of Washington for authority to use cash collateral and provide adequate protection. The Debtor defines cash collateral as income generated from its business operations in Spokane, Washington, which would be used to cover necessary operating expenses, administrative costs, and household obligations. The Debtor's financing includes loans from Wheatland Bank (formerly Mountain West Bank) totaling $376,500 and from the Small Business Administration (SBA) totaling approximately $1.72 million, both secured by blanket liens on RAMH's assets. RAMH seeks to continue operations to preserve the value of its business, generate revenue, and maintain assets. Proposed cash collateral expenditures include wages, utilities, insurance, taxes, lease payments, and other necessary operating costs, with professional fees payable only after court approval. To provide adequate protection to secured creditors, RAMH proposes granting Wheatland Bank a replacement lien on post-petition cash and accounts receivable equal to the amounts used, while SBA's lien remains subordinate. A copy of the motion is available at https://urlcurt.com/u?l=HdkNSf from PacerMonitor.com. About RAMH Entertainment LLC RAMH Entertainment, LLC, doing business as All-Star Jump, provides party and event rental services across Eastern Washington and Northern Idaho, including Spokane, WA, and Post Falls, ID, offering interactive inflatables, mechanical bulls, photo booths, carnival games, concessions, and entertainment services such as face painting, balloon twisting, and temporary airbrush tattoos. The company manages rentals for private parties, church events, and community gatherings, emphasizing safety, cleanliness, and a full-service experience for clients. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Wash. Case No. 26-00290) on February 19, 2026. In the petition signed by Tim Homer, owner, the Debtor disclosed $323,201 in assets and $3,210,733 in liabilities. Judge Frederick P. Corbit oversees the case. Amy Wilburn, Esq., at the Law Office of Amy Wilburn, PLLC, represents the Debtor as bankruptcy counsel. RANDY'S WORLDWIDE: Barings CI Marks $1.1MM Loan at 81% Off ---------------------------------------------------------- Barings Corporate Investors has marked its $1,115,445 loan extended to Randy's Worldwide to market at $211,934 or 19% of the outstanding amount, according to Barings Corp Investors' N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in an Incremental term loan extended to Randy's Worldwide. The Loan accrues interest at a rate of 8.45% (SOFR + 4.750%) per annum. The Loan matures on Dec. 31, 2030. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Randy's Worldwide Randy's Worldwide is a designer and distributor of automotive aftermarket parts serving the repair, replacement, off-road and racing performance segments. REAL CHEMISTRY: Barings CI Marks $1MM Loan at 28% Off ----------------------------------------------------- Barings Corporate Investors has marked its $1,000,000 million loan extended to Real Chemistry to market at $720,562 or 72% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to Real Chemistry. The Loan accrues interest at a rate of 8.17% (SOFR + 4.500%) per annum. The Loan matures on April 12, 2032. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Real Chemistry Real Chemistry is a tech-enabled analytical marketing agency focused on providing data-driven communications and marketing solutions to pharmaceutical and healthcare clients. RELIZ LTD: Seeks Chapter 11 Bankruptcy in Delaware -------------------------------------------------- RK Consultants reports that Chicago-based Reliz Ltd., operating under the trade name BlockFills, commenced Chapter 11 proceedings on March 15, 2026, in the District of Delaware, citing financial strain and legal issues that intensified earlier this year. The company specializes in institutional digital asset trading and prime brokerage services. Since entering bankruptcy, the company has been focused on restructuring under court oversight. Its trading platform was largely shut down in February 2026 after a court order froze portions of its assets and imposed requirements to separate customer funds. The filing follows allegations of a $77 million shortfall and misuse of digital assets, developments that have hindered its ability to continue standard brokerage operations, the report states. Reliz Ltd. was previously recognized as a key liquidity provider in the digital asset market, with average daily trading volumes of about $750 million reported in early 2025. It also maintained a client base of over 1,500 institutional accounts as of late 2024, though those activities have been substantially curtailed due to the ongoing bankruptcy case, the report relays. About Reliz Ltd. Reliz Ltd. is a Chicago-based provider of institutional digital asset trading and prime brokerage services operating under the name BlockFills. Reliz Ltd. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del. Case No. 26-10375) on March 15, 2026. In its petition, the Debtor reports estimated assets between $50 million and $100 million and estimated liabilities between $100 million and $500 million. Honorable Bankruptcy Judge Thomas M. Horan hanles the case. The Debtor is represented by David R. Hurst, Esq. of Mcdermott Will & Schulte LLP. REMINGTON 79: Seeks Chapter 7 Bankruptcy in New York ---------------------------------------------------- On March 10, 2026, Remington 79 Corporation filed for Chapter 7 protection in the Southern District of New York Bankruptcy Court. According to court filings, the Debtor reports between $100,001 and $1,000,000 in debt owed to 1–49 creditors. About Remington 79 Corporation Remington 79 Corporation is a single asset real estate company. Remington 79 Corporation sought relief under Chapter 7 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 26-22240) on March 10, 2026. In its petition, the Debtor reports estimated assets in the range of $100,001 to $1,000,000 and estimated liabilities in the range of $100,001 to $1,000,000. Honorable Bankruptcy Judge Sean H. Lane handles the case. RKD GROUP: Barings CI Marks $3.4MM Loan at 19% Off -------------------------------------------------- Barings Corporate Investors has marked its $3,485,743 million loan extended to RKD Group to market at $2,806,737 million or 81% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to RKD Group. The loan accrues interest at a rate of 9.38% (SOFR + 5.500%) per annum. The loan matures on May 19, 2031. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About RKD Group RKD Group is a U.S.-based provider of marketing and fundraising services to nonprofit organizations, offering strategy, creative content, campaign execution and data analytics to optimize donor engagement. ROCKFORD SILK: Court Extends Cash Collateral Access to April 4 -------------------------------------------------------------- Rockford Silk Screen Process, Inc. received another extension from the U.S. Bankruptcy Court for the Northern District of Illinois, Western Division, to use cash collateral. The court entered its ninth interim order extending the Debtor's authority to use cash collateral to fund its operations from March 12 to April 4. As protection, lender Northwest Bank of Rockford will be granted a first position, fully-perfected security interest in and replacement lien on the debtor-in-possession account and all of property of the Debtor whether acquired before or after its Chapter 11 filing, subject only to valid pre-bankruptcy purchase money security interests, if any. In addition, the court ordered the Debtor to make weekly payments of $2,800 to the lender and an additional $20,000 payment due this month. In case this protection proves insufficient, the lender will receive a superpriority administrative claim. Northwest Bank is not allowed to apply funds in the DIP account or offset any balance owed without prior written consent of the Debtor or order of the court. Any sale of collateral outside the ordinary course requires lender consent or a court order. A status hearing is set for April 1. The order is available at https://shorturl.at/4wn2V from PacerMonitor.com. Rockford, a 70-year-old Illinois-based printing company headquartered in Loves Park, employs approximately 40 individuals and reported revenues of $8.3 million in 2024. Facing increasing creditor pressure and a threat of receivership from its secured lender, the Debtor filed for Chapter 11 protection on September 17, 2025. The Debtor has identified two major secured creditors: Northwest Bank of Rockford, owed approximately $2,038,120, and the U.S. Small Business Administration, which holds a subordinate lien of approximately $1,954,566. About Rockford Silk Screen Process Inc. Rockford Silk Screen Process, Inc. operates a custom printing business from 6201 Material Avenue, Loves Park, Illinois, providing silk screen, digital, and large-format printing services. The Company serves corporate and franchise clients across North America, offering products including decals, nameplates, electronic overlays, signage, and fleet graphics, and supports project management, creative design, and installation for vehicle fleets. With over 40 years of experience in the print industry, Rockford Silk Screen Process utilizes both traditional and advanced printing technologies from its 100,000+ square foot facility. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 25-81268) on September 17, 2025. In the petition signed by Jason Yost, president, the Debtor disclosed $3,339,844 in assets and $6,456,627 in liabilities. Judge Thomas M. Lynch oversees the case. George P. Hampilos, Esq., at Hampilos & Associates, Ltd., is the Debtor's legal counsel. ROI SOLUTIONS: Barings CI Marks $2.9MM Loan at 28% Off ------------------------------------------------------ Barings Corporate Investors has marked its $2,954,039 loan extended to ROI Solutions to market at $2,132,959 or 72% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to ROI Solutions. The Loan accrues interest at a rate of 8.67% (SOFR + 5.000%) per annum. The Loan matures on Oct. 3, 2029. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About ROI Solutions ROI Solutions is a call center outsourcing and customer engagement services provider, supporting clients with outsourced contact, support and communication solutions. ROSE RENTAL: Seeks To Sell Brandon Property for $149K ----------------------------------------------------- Rose Rental Properties, LLC, seeks permission from the U.S. Bankruptcy Court for the Southern District of Mississippi to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor has put up for sale certain Real Property located at 118 Fairfax Circle Unit A, Brandon, MS 39047, which includes the house and land that is mortgaged by Citizens National Bank. The Debtor employs Victoria Prowant as a realtor to list the Debtor's properties. The Debtor wishes to sell the property for $149,900.00 and the loan with the Creditor should be paid from the proceeds after all closing costs and provisions have been paid. The Debtor shall pay the following closing costs and provisions: a. Commission to the Sellers' agent in the amount of 2.5% of Gross Sales Price b. Commission to Buyers agent in the amount of 2.5% of Gross Sales Price c. Kitchen refrigerator will remain with property, at no additional value or cost. d. All taxes, rents, utilities, and other assessments and appropriate Property Owners Fees to be prorated as of the date of closing. e. One year home warranty plan through First American not to exceed $950.00. The expected closing date is March 31, 2026. The offer is subject to Commercial loan approval and if the contract were to fail for any reason other than the Seller's default, the $1,000.00 earnest money shall be forfeited to Creditor. The Debtor shall provide Creditor with the proposed settlement statement, deed, title commitment, and payoff statement no later than 48 hours prior to closing. The property should be sold free and clear of all liens, claims, interests, and encumbrances. The Creditor shall be paid from the proceeds as a condition of closing. All net sale proceeds, after payment of prorated ad valorem taxes and court approved closing costs, shall be paid directly to Creditor through the closing agent at closing by wire transfer or cashier's check and shall not be held by the Debtor or Debtor's counsel. About Rose Rental Properties, LLC Rose Rental Properties, LLC is a Mississippi-based real estate rental business that operates from Jackson and is associated with residential property activities. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Miss. Case No. 25-03091) on December 4, 2025. In the petition signed by Jerrick W Rose, member-manager, the Debtor disclosed up to $10 million in both assets and liabilities. Judge Jamie A. Wilson oversees the case. Thomas C. Rollins, Jr., Esq., at THE ROLLINS LAW FIRM, PLLC, represents the Debtor as legal counsel. RUN VEGGIE: Case Summary & 20 Largest Unsecured Creditors --------------------------------------------------------- Debtor: Run Veggie, LLC 1369 New York Ave NE Washington, DC 20002 Business Description: Run Veggie LLC supplies a broad range of food, beverage, and operational products to restaurants, hotels, cafes, quick-service restaurants, and sub-distributors across the United States, offering fresh produce, seafood, dairy, frozen items, pantry and baking goods, and paper and cleaning supplies, supported by technology-driven services and insights designed to optimize clients' menus and supply chain operations. Chapter 11 Petition Date: March 16, 2026 Court: United States Bankruptcy Court District of Columbia Case No.: 26-00119 Judge: Hon. Elizabeth L Gunn Debtor's Counsel: Robert S. Brandt, Esq. THE LAW OFFICE OF ROBERT S. BRANDT 600 Cameron Street Alexandria, VA 22314 Tel: 703-342-7330 Fax: 703-229-4132 E-mail: brandt@brandtlawfirm.com Estimated Assets: $0 to $50,000 Estimated Liabilities: $1 million to $10 million The petition was signed by Jermaine Kelly as owner. 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/GBK4ETY/Run_Veggie_LLC__dcbke-26-00119__0001.0.pdf?mcid=tGE4TAMA S&G LABS: Seeks to Extend Plan Exclusivity to June 8 ---------------------------------------------------- S&G Labs Hawaii, LLC, asked the U.S. Bankruptcy Court for the District of Colorado to extend its exclusivity periods to file a plan of reorganization and obtain acceptance thereof to June 8 and August 6, 2026, respectively. The Debtor filed his voluntary petition for relief under chapter 11 of Title 11 of the United States Code on November 7, 2025 (the "Petition Date") and is operating as a debtor-in-possession. The Debtor filed its Plan within the 120-day period and therefore maintains the exclusive right to propose a plan and shall maintain such right until the Plan is confirmed, provided the Plan is confirmed within 180 days after the Petition Date or as extended. Unless extended, the exclusivity period for the Debtor to file a plan will expire on March 9, 2026 and the exclusivity period to obtain acceptance of his Plan will expire on May 8, 2026. The Debtor seeks to extend the Exclusive Period and the Solicitation Period for approximately 90 days, without prejudice to seeking further extensions if circumstances require it. The Debtor explains that several factors favor granting the requested extension. First, good faith progress has been made towards reorganization, as evidenced by the filing of the Plan within the initial 120-day exclusivity window. Second, the filed Plan is a viable reorganization plan that addresses pre-petition claims and accounts for all bankruptcy estate assets. Third, the Debtor is paying its bills as they come due and filing its monthly operating reports. Fourth, this is the first extension request. Fifth, the Debtor is not seeking an extension to pressure creditors. Counsel to the Debtor: David J. Warner, Esq. WADSWORTH GARBER WARNER CONRARDY, P.C. 2580 West Main Street, Suite 200 Littleton, CO 80120 Telephone: (303) 296-1999 Telecopy: (303) 296-7600 E-mail: dwarner@wgwc-law.com About S&G Labs Hawaii LLC S&G Labs Hawaii LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Col. Case No. 25-18335) on November 7, 2025. In its petition, the Debtor reports estimated assets up to $100,000 and estimated liabilities between $1 million and $10 million. The Debtor is represented by David Wadsworth, Esq. of Wadsworth Garber Warner Conrardy, P.C. S&J DATA: Seeks Approval to Hire Cummings & Carroll as Accountant ----------------------------------------------------------------- S&J Data Technologies, Inc. seeks approval from the U.S. Bankruptcy Court for the Eastern District of New York to employ Cummings & Carroll, PC as accountant. The firm will provide these services: (a) supervise and assist in the summarization of the books of account and posting to the general ledger in order to close the books for the period up to the date of filing of the petition; (b) prepare monthly operating reports; (c) perform such other and further accounting services as may be necessary and requested by the Debtor or its bankruptcy counsel; and (d) prepare open tax returns. Joseph Milazzo, CPA, will be compensated at his monthly bill of $2,000 and the total fee for 1 year will not exceed $25,000. Mr. Milazzo 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: Joseph Milazzo, CPA Cummings & Carroll, PC 175 Great Neck Road, Suite 405 Great Neck, NY 11021 About S&J Data Technologies Inc. S&J Data Technologies, Inc. is a New York based data technology installation company employing fourteen people and operating from its Bohemia, New York facility. S&J sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D.N.Y. Case No. 26-70046) on January 5, 2026, listing up to $1 million in both assets and liabilities. Joseph Morgan, president, signed the petition. Judge Sheryl P. Giugliano oversees the case. The Debtor tapped Fred S. Kantrow, Esq., The Kantrow Law Group, PLLC, as bankruptcy counsel and Joseph Milazzo, CPA, at Cummings & Carroll, PC as accountant. SAKS GLOBAL: Creditors Sign Off on $300MM Boost to Ch. 11 Funding ----------------------------------------------------------------- Rick Archer of Law360 Bankruptcy Authority reports that yhe debtor has secured creditor approval for $300 million in additional Chapter 11 financing, bolstering its liquidity as it moves forward with restructuring efforts. The funding will help the company manage operations and meet obligations during the bankruptcy proceedings. According to filings, the financing expands the existing DIP facility and provides capital for working expenses and case-related costs. The agreement resolves concerns about funding needs and ensures the debtor has sufficient resources in the near term. This development allows the company to proceed with its Chapter 11 case from a more stable financial footing. With creditor backing, the debtor is expected to continue negotiations and work toward confirming a reorganization plan, the report staets. About Saks Global Enterprises LLC Saks Global is the largest multi-brand luxury retailer in the world, comprising Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, Saks OFF 5TH, Last Call and Horchow. Its retail portfolio includes 70 full-line luxury locations, additional off-price locations and five distinct e-commerce experiences. With talented colleagues focused on delivering on our strategic vision, The Art of You, Saks Global is redefining luxury shopping by offering each customer a personalized experience that is unmistakably their own. By leveraging the most comprehensive luxury customer data platform in North America, cutting-edge technology, and strong partnerships with the world's most esteemed brands, Saks Global is shaping the future of luxury retail. Saks Global Properties & Investments includes Saks Fifth Avenue and Neiman Marcus flagship properties and represents nearly 13 million square feet of prime U.S. real estate holdings and investments in luxury markets. On Jan. 13, 2026, and Jan. 14, 2026, Saks Global Enterprises, LLC and 112 affiliated debtors filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code (Bankr. S.D. Texas Lead Case No. 26-90103). The jointly administered cases are pending before the Honorable Alfredo R. Perez. Willkie Farr & Gallagher LLP and Haynes and Boone, LLP are serving as legal counsel, PJT Partners LP is serving as an investment banker, Berkeley Research Group is serving as the financial advisor, and C Street Advisory Group is serving as a strategic communications advisor to the Company. Stretto is the claim agent. Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal counsel, Lazard Freres & Co, LLC is serving as investment banker, FTI Consulting, Inc. is serving as financial advisor, and Kekst and Company, Inc., is serving as a strategic communications advisor toan ad hoc group of debt holders. Hilco Global Professional Services, LLC, is the real property advisor to the Ad Hoc Group. Bank of America, N.A., is the administrative agent and collateral agent under the $1.5 billion asset-based revolving credit facility. U.S. Bank Trust Company, National Association, is the administrative agent and collateral agent under the $2.56 billion SGUS DIP Facility, a term loan facility with new money and roll-up components. U.S. Bank is also the agent under the $1.75 billion OpCo DIP Facility, a term loan facility to be used for refinancing existing debt. Barclays Bank, PLC serves as the fronting lender of the SGUS First Out DIP Loans. It is advised by Dentons US LLP. Otterbourg P.C., Morgan, Lewis & Bockius LLP, and Norton Rose Fulbright US LLP serves as counsel to the ABL DIP Agent; M3 Advisory Partners, LP, is the financial advisor to the ABL DIP Agent; and Great American serves as its inventory valuation consultant. Seward & Kissel LLP serves as counsel to the SGUS DIP Agent. On January 27, 2026, the U.S. Trustee for Region 7 appointed an official committee to represent unsecured creditors in the Debtors' Chapter 11 cases. SANTA PAULA: Seeks to Sell Santa Paula Property to Highest Bidder ----------------------------------------------------------------- Santa Paula Hay & Grain and Ranches seeks permission from the U.S Bankruptcy Court for the Central District of California, Northern Division, to sell Property to the best offer, free and clear of liens, claims, interests, and encumbrances. The Debtor's real property is located at 6770 Wheeler Canyon Road, Santa Paula, CA 93060. A prompt sale of the Property is necessary to maximize the value of the Property, and to facilitate a prompt reorganization by the Debtor, as well as provide the Debtor the needed funds to pay some of its secured creditors and start reducing its liabilities. Debtor is an agricultural producer whose principal office is in Fillmore, California. Negotiations have resulted in an offer by Tom Foran and Daphne Foran to purchase the Property. The purchase price indicated in the Agreement is $1,850,000 with no contingencies. The offer to purchase the Property by Buyer is subject to a higher and better offer being made at the hearing on the Motion by any other party wishing to purchase the Property. The Buyer has deposited $55,000 with escrow. The Debtor will provide lease terms and estoppel certificate for the tenant in the back home excludes the wind machines and wind machine fuel tanks on the Property; The Debtor will pay Buyer's broker, Compass Real Estate, a fee of 2.5% of the purchase price from the sale proceeds. If the Buyer is not the winning bidder, the Buyer will be entitled to a break up fee in the amount of $20,000. The initial overbid shall be $1,860,000, plus the Break Up Fee, for a total overbid not to exceed $1,880,000, and thereafter, in $5,000 increments. Overbidders must be qualified as financially able to complete a purchase at least 48 hours business hours prior to the hearing on this Motion (no later than April 3, 2026 at 1:00 p.m.) by providing proof of such the ability to close the sale to Debtor’s counsel, Haberbush, LLP, Attn: Vanessa M. Haberbush, Esq., 444 West Ocean Boulevard, Suite 1400, Long Beach, CA 90802, Telephone: (562) 435-3456, E-mail: vhaberbush@lbinsolvency.com. The lienholders of the Property are Ventura County Treasurer and Tax Collector, Zions Bancorporation, N.A. dba Zions First National Bank, and Employment Development Department. The Debtor has determined that the best means for it to obtain the most favorable recovery from the Sale of the Property is to present Buyer as the initial offer to purchase and then allow overbidding for the Property at a hearing on the Motion to Sell. The Debtor moves the Court for authority to sell the Property. It is and will continue to market the Sale of the Property with Gwyn Goodman Realty, Inc. About Santa Paula Hay & Grain and Ranches Santa Paula Hay & Grain and Ranches specializes in providing a variety of hay and grain products to meet the needs of farmers and animal owners. The Company offers high-quality feed options for livestock and pets. Santa Paula Hay & Grain and Ranches sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 25-10314) on March 12, 2025. In its petition, the Debtor reports estimated assets between $100 million and $500 million and between $10 million and $50 million. Honorable Bankruptcy Judge Ronald A. Clifford III handles the case. The Debtor is represented by Reed Olmstead, Esq. SANTA PAULA: Seeks to Sell Somis Property to Highest Bidder ----------------------------------------------------------- Santa Paula Hay & Grain and Ranches seeks permission from the U.S Bankruptcy Court for the Central District of California, Northern Division, to sell Property to the best offer, free and clear of liens, claims, interests, and encumbrances. The Debtor's real property is located at Sand Canyon Road, Somis, CA 93033. Debtor is an agricultural producer whose principal office is in Fillmore, California. Negotiations have resulted in an offer by Durell Mike-Price and Anthony Mike to purchase the Property. The purchase price indicated in the Agreement is $1,100,000 with no contingencies. To the extent there were contingencies, all such contingencies have been waived. Debtor has determined that the best means for it to obtain the most favorable recovery from the Sale of the Property is to present Buyer as the initial offer to purchase and then allow overbidding for the Property at a hearing on the Motion to Sell. The Debtor will continue to market the Sale of the Property with Gwyn Goodman Realty, Inc. as the Broker. The offer to purchase the Property by Buyer is subject to a higher and better offer. The Buyer has deposited $5,000 with escrow. The purchase of the Property includes two wind machines, two propane tanks, and one storage container on the Property. The Buyer takes the position that the wind machines, diesel tanks, and storage container are fixtures on the Property. The wind machines, propane tanks, and storage container on the Property have no liens attached to them except for the lien of AgWest. The Debtor will reinstall a 3 inches irrigation meter from V.C. Waterworks District #19 prior to the close of escrow, installation costs for which have already been paid. The Debtor will assist the Buyer with reinstating the organic certification for the Property if the Buyer decides to apply for organic certification at a later. The Agreement indicated that the sale would close within 90 days of acceptance, but the Buyer has agreed to extend this date to allow the Motion to be heard and the sale closed within 15 days after the hearing on the Motion. The sale is subject to a higher and better bid pursuant to the sale and overbid procedures determined in Debtor’s sole discretion, subject to Bankruptcy Court approval. The sale is subject to overbidding on the following terms, subject to Bankruptcy Court approval: The initial overbid shall be $1,110,000 and, thereafter, in $5,000 increments. Overbidders must be qualified as financially able to complete a purchase at least 48 hours business hours prior to the hearing on this Motion (no later than April 3, 2026 at 1:00 p.m.) by providing proof of such the ability to close the sale to Debtor’s counsel, Haberbush, LLP, Attn: Vanessa M. Haberbush, Esq., 444 West Ocean Boulevard, Suite 1400, Long Beach, CA 90802, Telephone: (562) 435-3456, E-mail: vhaberbush@lbinsolvency.com. The lienholders of the Property are Ventura County Treasurer and Tax Collector, AgWest Farm Credit f/k/a Farm Credit West, FLCA, Employment Development Department, and Internal Revenue Service. The Debtor anticipates no major tax consequences of the proposed Sale of the Property except that the income received from the Sale of the Property will be taxable as income. About Santa Paula Hay & Grain and Ranches Santa Paula Hay & Grain and Ranches specializes in providing a variety of hay and grain products to meet the needs of farmers and animal owners. The Company offers high-quality feed options for livestock and pets. Santa Paula Hay & Grain and Ranches sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 25-10314) on March 12, 2025. In its petition, the Debtor reports estimated assets between $100 million and $500 million and between $10 million and $50 million. Honorable Bankruptcy Judge Ronald A. Clifford III handles the case. The Debtor is represented by Reed Olmstead, Esq. SB TRANSPORTATION: L. Todd Budgen Named Subchapter V Trustee ------------------------------------------------------------ The Acting U.S. Trustee for Region 21 appointed L. Todd Budgen, Esq., a practicing attorney in Longwood, Fla., as Subchapter V trustee for SB Transportation Service, Inc. Mr. Budgen will be paid an hourly fee of $400 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Budgen declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: L. Todd Budgen, Esq. P.O. Box 520546 Longwood, FL 32752 Tel: (407) 232-9118 Email: Todd@C11Trustee.com About SB Transportation Service Inc. SB Transportation Service, Inc. is a Florida-based transportation and logistics company providing freight and delivery services across regional and interstate routes. It offers trucking, shipment management, and logistical coordination for commercial clients. SB Transportation Service sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-00835) on February 6, 2026. In its petition, the Debtor reported assets of up to $50,000 and liabilities of between $500,001 and $1 million. Judge Lori V. Vaughan oversees the case. The Debtor is represented by Jeffrey Ainsworth, Esq., at Bransonlaw PLLC. SBP HOLDING: Barings CI Marks $2.4MM Loan at 45% Off ---------------------------------------------------- Barings Corporate Investors has marked its $2,471,996 loan extended to SBP Holding LP to market at $1,354,469 or 55% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to SBP Holding LP. The loan accrues interest at a rate of 8.72% (SOFR + 5.000%) per annum. The loan matures on March 27, 2028. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About SBP Holding LP SBP Holding LP is a specialty product distribution platform that supplies mission-critical products, services and technical expertise across the industrial rubber and fluid power markets. SEDILLO REALTY: Gets Final OK to Use Cash Collateral ---------------------------------------------------- The U.S. Bankruptcy Court for the District of Arizona entered a final order authorizing Sedillo Realty, LLC to use cash collateral. Under the order, the Debtor is authorized on a final basis to use cash collateral solely to pay post-petition operating expenses in the ordinary course of business, and only in accordance with the approved budget. The Debtor is permitted a variance of up to 20% per line item but is prohibited from using cash collateral for any purpose not expressly authorized by the order. As adequate protection, the Debtor must make monthly payments of $2,920 to Clear Choice Fund, LLC. Any rental income remaining after payment of these adequate protection payments and approved budgeted expenses must be held in the debtor-in-possession bank account and may not be used without further order of the court. In addition, creditors holding valid pre-bankruptcy security interests will be granted post-petition replacement liens on the same type of post-petition assets, with the same validity and priority as existed on the petition date, effective without further perfection. The order does not waive or determine the rights of any party. Any party may still seek additional relief or challenge the Debtor's use of cash collateral later in the case. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/eqaqs from PacerMonitor.com. About Sedillo Realty LLC Sedillo Realty LLC sought protection for relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz. Case No. 26-00534) on January 20, 2026, listing $100,001 to $500,000 in both assets and liabilities. Judge Eddward P Ballinger Jr presides over the case. D. Lamar Hawkins, Esq. at Guidant Law, PLC represents the Debtor as counsel. SEKO WORLDWIDE: Barings CI Marks $1.1MM Loan at 18% Off ------------------------------------------------------- Barings Corporate Investors has marked its $1,148,741 loan extended to Seko Worldwide, LLC to market at $942,692 or 82% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a senior term loan extended to Seko Worldwide, LLC. The loan accrues interest at a rate of 11.32% (6.00% PIK) (SOFR + 7.000%) per annum. The loan matures on Nov. 27, 2029. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Seko Worldwide, LLC Seko Worldwide, LLC is a third-party logistics provider offering ground, ocean, air and home delivery forwarding services. SEKO WORLDWIDE: Barings CI Marks $112,984 Loan at 36% Off --------------------------------------------------------- Barings Corporate Investors has marked its $112,984 loan extended to Seko Worldwide, LLC to market at $72,310 or 64% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to Seko Worldwide, LLC. The loan accrues interest at a rate of 14.36% (SOFR + 10.500%) per annum. The loan matures on Nov. 27, 2029. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Seko Worldwide, LLC Seko Worldwide, LLC is a third-party logistics provider offering ground, ocean, air and home delivery forwarding services. SELECTIS HEALTH: Signs Purchase Deal for $15.7MM Facility Sale -------------------------------------------------------------- Selectis Health, Inc. disclosed in a regulatory filing that the Company caused two of its wholly-owned subsidiaries Global Abbeville Property, LLC and Dodge NH, LLC, each a Georgia limited liability company to execute and deliver a definitive Purchase and Sale Agreement with two newly formed entities: Abbeville Crossing Propco of Journey LLC and Eastman Trails Propco of Journey LLC, each a Georgia limited liability company; pursuant to which the subsidiaries agreed to sell substantially all of the real and personal property owned by each, namely the skilled nursing facilities located at 206 Main Street E, Abbeville, Georgia, upon which is located that certain 101-bed skilled nursing facility commonly known as "Glen Eagle Healthcare and Rehab"; and at 556 Chester Highway, Eastman, Georgia, upon which is located that certain 100-bed skilled nursing facility commonly known as "Eastman Healthcare and Rehab". The purchase price to be paid by Abbeville and Eastman for the Facilities is $15,700,000.00, subject to certain prorations, holdbacks and adjustments customary in transactions of this nature. Consummation of the PSA is contingent upon numerous conditions, including, without limitation, satisfactory completion of due diligence during a Due Diligence Period, and other conditions customary in transactions of this nature. There can be no assurance that the PSA will be consummated. Operations Transfer Agreement The Facilities are operated by separate wholly-owned subsidiaries of the Company, namely Global Abbeville, LLC, a Georgia limited liability company, and Global Eastman, LLC, a Georgia limited liability company. Concurrently with the execution of the PSA, the Company caused the Existing Operators to execute an Operations Transfer Agreement with two newly formed entities affiliated with the Purchasers, Abbeville Crossing of Journey LLC and Eastman Trails of Journey LLC, each a Georgia limited liability company. If consummated, of which there can be no assurance, the OTA will govern the transfer of the skilled nursing operations from the Existing Operators to the New Operators. Consummation of the OTA is contingent upon the consummation of the PSA as well as other conditions customary in transactions of this nature. Full text copies of the Purchase and Sale Agreement and Operations Transfer Agreement are available at https://tinyurl.com/yc73u7hh and https://tinyurl.com/4hep9k66, respectively. About Selectis Health Headquartered in Greenwood Village, Colo., Selectis Health, Inc. owns and operates, through wholly-owned subsidiaries, Assisted Living Facilities, Independent Living Facilities, and Skilled Nursing Facilities across the South and Southeastern portions of the US. In 2019, the Company shifted from leasing long-term care facilities to third-party, independent operators towards an owner operator model. New York, N.Y.-based WithumSmith+Brown, PC, the Company's auditor since 2024, issued a "going concern" qualification in its report dated April 15, 2025, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2024, citing that the Company has a significant working capital deficiency, has incurred significant losses from operations, has accumulated deficits 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. As of September 30, 2025, the Company had $33.3 million in total assets, $38.9 million in total liabilities, and a total stockholders' deficit of $5.6 million. SERNA'S TRUCKING: Seeks Interim Cash Collateral Access ------------------------------------------------------ Serna's Trucking, LLC asks the U.S. Bankruptcy Court for the Western District of Texas, Austin Division, for authority to use cash collateral and provide adequate protection. The Debtor needs to use cash collateral to fund ongoing business operations and administrative expenses of the bankruptcy case. The Debtor, a Texas limited liability company providing transportation and logistics services in Central Texas, employs office staff and related personnel. The cash collateral is from multiple secured creditors, including PeopleFund (servicing U.S. Small Business Administration loans), Amur Equipment Finance, First United Bank, GM Financial, and potentially Samson MCA, LLC. The secured creditors' estimated collateral values totals $43,767 in equipment, accounts, and furniture. The Debtor asserts that no creditor has a valid lien on its deposit accounts under Texas law. The requested cash collateral use will follow the six-week budget and cover payroll, rent, utilities, marketing, insurance, materials, subcontractors, and professional fees, including attorneys and accountants needed for the Chapter 11 case. The Debtor emphasizes that paying these expenses is critical to maintaining business operations and reorganization efforts. To protect the secured creditors, the Debtor proposes granting them replacement liens on all collateral in the same priority as pre-petition liens, to the extent valid and enforceable. A copy of the motion is available at https://urlcurt.com/u?l=4d4hHR from PacerMonitor.com. About Serna's Trucking, LLC Serna's Trucking, LLC provides freight transportation and logistics services from its headquarters in San Marcos, Texas, operating primarily within the state. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 26-10392) on March 6, 2026. In the petition signed by Claudia E. Serna, manager, the Debtor disclosed $544,595 in assets and $4,921,750 in liabilities. Judge Christopher G. Bradley oversees the case. Frank B Lyon, Esq. represents the Debtor as legal counsel. SERNA'S TRUCKING: Seeks to Tap Frank B. Lyon as Bankruptcy Counsel ------------------------------------------------------------------ Serna's Trucking, LLC seeks approval from the U.S. Bankruptcy Court for the Western District of Texas to employ the Law Offices of Frank B. Lyon as counsel. The firm will render these services: (a) give the Debtor legal advice with respect to its powers and duties in the continued operation of its business and management of its property; (b) advise the Debtor of its responsibilities under the Bankruptcy Code and assist with such; (c) amend the voluntary petition and other paperwork necessary to complete this proceeding; (d) assist the Debtor in preparing and filing the required Schedules, Statement of Affairs, Monthly Financial Reports, the Initial Debtor Report and other documents required by the Bankruptcy Code, the Federal Rules of Bankruptcy Procedure, the Local Rules of this Court and the administrative procedures of the Office of the United States Trustee; (e) represent the Debtor in connection with adversary proceedings and other contested and uncontested matters, both in this Court and in other courts of competent jurisdiction, concerning any and all matters related to these bankruptcy proceedings and its financial affairs; (f) represent the Debtor in the negotiation and documentation of any sales or refinancing of property of the estate, and in obtaining the necessary approvals of such sales or refinancing by this Court; (g) assist the Debtor in the formulation of a plan of reorganization and in taking the necessary steps in this Court to obtain confirmation of such plan of reorganization; and (h) work with the Subchapter V Trustee to try and achieve a consensual plan of reorganization. The firm will be paid at these hourly rates: Frank Lyon, Attorney $525 Legal Assistants $125 - $225 In addition, the firm will seek reimbursement for expenses incurred. The firm received a pre-petition payment of $14,500 from the Debtor, of which $10,762 went to pre-petition fees and expenses and $1,738 to the Chapter 11 filing fee. Mr. Lyon 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: Frank B. Lyon, Esq. Law Offices of Frank B. Lyon 3800 North Lamar Boulevard, Suite 200 Austin, TX 78756 Telephone: (512) 345-8964 Facsimile: (512) 697-0047 Email: frank@franklyon.com About Serna's Trucking LLC Serna's Trucking, LLC is a limited liability company. Serna's Trucking, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-10392) on March 3, 2026. In its petition, the Debtor reports estimated assets in the range of $100,001 to $1,000,000 and estimated liabilities in the range of $1,000,001 to $10,000,000. Honorable Bankruptcy Judge Christopher G. Bradley handles the case. The Debtor is represented by the Law Offices of Frank B. Lyon. SMARTLING INC: Barings CI Marks $3.5MM Loan at 32% Off ------------------------------------------------------ Barings Corporate Investors has marked its $3,500,000 loan extended to Smartling, Inc. to market at $2,393,015 or 68% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to Smartling, Inc. The loan accrues interest at a rate of 8.48% (SOFR + 4.750%) per annum. The loan matures on June 30, 2032. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Smartling, Inc. Smartling, Inc. is a software company providing SaaS-based translation management systems and related translation services. SMITH CUSTOM: Seeks to Hire Ford & Semach as Bankruptcy Counsel --------------------------------------------------------------- Smith Custom Home Corporation, doing business as Maverick Design & Construction, seeks approval from the U.S. Bankruptcy Court for the Middle District of Florida to employ Ford & Semach, PA as counsel. The firm's services include: (a) analyze the financial situation, and render advice and assistance to the Debtor in determining whether to file a petition under Title 11, United States Code; (b) advise the Debtor with regards to the powers and duties in the continued operation of the business and management of the property of the estate; (c) prepare and file legal documents required by the Court; (d) represent the Debtor at the Section 341 Creditors' meeting; (e) provide legal advice to the Debtor with respect to its powers and duties in the continued operation of its business and management of its property; if appropriate; (f) advise the Debtor with respect to its responsibilities in complying with the United States Trustee's Operating Guidelines and Reporting Requirements and with the rules of the court; (g) prepare necessary legal papers and appear at hearings thereon; (h) protect the interest of the Debtor in all matters pending before the court; (i) represent the Debtor in negotiation with its creditors in the preparation of the Chapter 11 Plan; and (j) perform all other legal services for the Debtor which may be necessary herein. The firm will be paid at these hourly rates: Buddy Ford, Attorney $550 Jonathan Semach, Attorney $500 Heather Reel, Attorney $450 Paralegal $150 In addition, the firm will seek reimbursement for expenses incurred. Prior to the commencement of its case the Debtor paid an advance fee of $25,000. Mr. Ford 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: Buddy D. Ford, Esq. Ford & Semach, PA 9301 West Hillsborough Avenue Tampa, FL 33615 Telephone: (813) 877-4669 Email: Buddy@tampaesq.com About Smith Custom Home Corporation Smith Custom Home Corporation sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-01812) on March 9, 2026, listing up to $500,000 in assets and up to $10 million in liabilities. The Debtor tapped Buddy D. Ford, Esq., at Ford & Semach, PA as counsel. SN TRANSPORT: Case Summary & 20 Largest Unsecured Creditors ----------------------------------------------------------- Debtor: SN Transport Inc. Lote 4, Km 0.4 Bo. Las Delicias Miradero Ward Cabo Rojo PR 00623 Business Description: SN Transport, Inc., a privately held company founded in June 2014 and based in Cabo Rojo, Puerto Rico, provides commercial transportation and goods delivery services across the island. Incorporated under the laws of the Commonwealth of Puerto Rico, the firm qualifies as a small business debtor under the U.S. Bankruptcy Code. Chapter 11 Petition Date: March 15, 2026 Court: United States Bankruptcy Court District of Puerto Rico Case No.: 26-01095 Debtor's Counsel: Jose Francisco Gierbolini, Esq. 420 Ponce de Leon Suite 607 San Juan PR 00918 Tel: 787-225-5367 E-mail: juriszone@capr.org Estimated Assets: $100,000 to $500,000 Estimated Liabilities: $1 million to $10 million The petition was signed by Whesley Eliezer Sepulveda Rodriguez as owner. A copy of the Debtor's list of its 20 largest unsecured creditors is available for free on PacerMonitor at: https://www.pacermonitor.com/view/K6SV57A/SN_TRANSPORT_INC__prbke-26-01095__0010.0.pdf?mcid=tGE4TAMA A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/XRDJNHQ/SN_TRANSPORT_INC__prbke-26-01095__0001.0.pdf?mcid=tGE4TAMA SONICWALL: Barings CI Marks $1.9MM Loan at 36% Off -------------------------------------------------- Barings Corporate Investors has marked its $1,924,528 loan extended to Sonicwall to market at $1,229,292 or 64% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in an Incremental term loan extended to Sonicwall. The Loan accrues interest at a rate of 9.17% (SOFR + 5.500%) per annum. The Loan matures on May 18, 2028. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Sonicwall Sonicwall is a cybersecurity company that provides network security and firewall products primarily focused on the small and midsize business market. SOUTHDOWN PROPERTIES: Hires Ciardi Ciardi & Astin as Legal Counsel ------------------------------------------------------------------ Southdown Properties, Inc. seeks approval from the U.S. Bankruptcy Court for the Eastern District of Pennsylvania to employ Ciardi Ciardi & Astin as counsel. The firm will render these services: (a) give the Debtor legal advice with respect to its powers and duties; (b) prepare, on behalf of the Debtor, any necessary legal papers; (c) perform all other legal services for the Debtor which may be necessary herein; and (d) prepare and file a Plan of Reorganization. The firm will be paid at these hourly rates: Albert Ciardi, III, Attorney $625 Jennifer McEntee, Attorney $475 Sarah Moynihan, Attorney $375 Stephanie Frizlen, Paralegal $150 Mr. Ciardi 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: Albert Ciardi, III, Esq. Ciardi Ciardi & Astin 2005 Market Street, Suite 1930 Philadelphia, PA 19103 Telephone: (215) 557-3550 Email: aciardi@ciardilaw.com About Southdown Properties Inc. Southdown Properties Inc. is a Pennsylvania-based real estate developer. Southdown Properties Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Pa. Case No. 26-10951) on March 9, 2026. In its petition, the Debtor reports estimated assets and liabilities between $1 million and $10 million each. Honorable Bankruptcy Judge Derek J. Baker handles the case. The Debtor is represented by Albert Anthony Ciardi, III, Esq., at Ciardi Ciardi & Astin. SPEYSIDE HOLDINGS: Cash Collateral Hearing Set for March 23 ----------------------------------------------------------- The U.S. Bankruptcy Court for the Eastern District of New York is set to hold a hearing on March 23 to consider extending Speyside Holdings, LLC's authority to use cash collateral. The Debtor was initially allowed to access cash collateral for the weeks of March 6 and 13 under the court's March 9 interim order. The initial order approved the payment of the Debtor's expenses from the cash collateral in accordance with its budget and granted secured creditor, Speylo Holdings LLC, a first-priority replacement lien on the Debtor's unencumbered and post-petition assets except Chapter 5 avoidance claims. The initial order also established a carveout allowing payment of certain administrative expenses, including fees owed to the U.S. Trustee Program and costs of a potential Chapter 7 trustee if the Debtor's bankruptcy case converts. The Debtor's underlying assets are valued in excess of $1.26 million, plus the significant but currently unquantified value of the quarry land itself. By using cash collateral to stabilize operations, the Debtor aims to preserve its going-concern value and eventually secure an exit strategy that has been previously "chilled" by the ongoing legal disputes in state court. The Debtor's financial distress stems from a 2020 commercial loan agreement with Nebari Natural Resources Credit Fund I, LP, which was structured as a "single tier/dual collateral" arrangement involving both property mortgages and a pledge of membership interests. About Speyside Holdings LLC Speyside Holdings, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. N.Y. Case No. 8-26-70730-spg) on February 20, 2026. In the petition signed by Eugene Fernandez, managing member, the Debtor disclosed up to $10 million in both assets and liabilities. Judge Sheryl P. Giugliano oversees the case. Gary C. Fischoff, Esq., at BFSNG Law Group, LLP, represents the Debtor as legal counsel. STANDARD ELEVATOR: Barings CI Marks $2.4MM Loan at 18% Off ---------------------------------------------------------- Barings Corporate Investors has marked its $2,435,808 loan extended to Standard Elevator Systems to market at $2,004,402 or 82% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to Standard Elevator Systems. The loan accrues interest at a rate of 9.84% (SOFR + 5.750%) per annum. The loan matures on Dec. 2, 2027. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Standard Elevator Systems Standard Elevator Systems is a scaled manufacturer of elevator components formed by combining four elevator companies: Standard Elevator Systems, EMI Porta, Texacone and ZZIPCO. STRATUS UNLIMITED: Barings CI Marks $1.4MM Loan at 51% Off ---------------------------------------------------------- Barings Corporate Investors has marked its $1,481,581 loan extended to Stratus Unlimited to market at $723,536 or 49% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in an Incremental tem loan extended to Stratus Unlimited. The Stratus Unlimited Loan accrues interest at a rate of 9.19% (SOFR + 5.250%) per annum. The Stratus Unlimited Loan matures on June 30, 2027. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Stratus Unlimited Stratus Unlimited is a nationwide provider of brand implementation services, including exterior and interior signage, remodel and refresh work, and facility maintenance and repair. STRICKS LLC: CoBank Wants Creative Planning's Smith as Receiver --------------------------------------------------------------- CoBank, ACB filed an emergency amended motion with the U.S. District Court for the District of Colorado, seeking the immediate appointment of Creative Planning Business Alliance, LLC's Alex G. Smith for Stricks, LLC and Stricks Ag, LLC. CoBank seeks to amend its Verified Motion for Immediate Appointment of Limited Receiver due to the imminent danger that the doors to Defendants' business may be permanently closed by the end of March, and therefore will be substantially diminished in value. Defendants' financials have continued to decline, and Defendants face a serious risk of imminent permanent closure before the end of March, and certainly by June 2026, unless and until a limited receiver is appointed to pursue Defendants' claims against its parent company to obtain the more than $15,000,000 owed to Defendants and necessary to keep Defendants' business operational. If Defendants are unable to recover these funds, they will (i) lose the required insurance and bond for their grain licenses and (ii) be unable to renew their Montana grain license, coming due in June 2026 that is required to continue operating 95% of Defendants' business. On September 18, 2025, CoBank filed its Verified Complaint commencing this action and asserting claims against Defendants for breach of contract and for appointment of a limited receiver. CoBank filed its Original Motion contemporaneously with the filing of its Complaint. Upon information and belief, Above Food Ingredients Corp., Above Food Ingredients Inc., and their related entities control Defendants. The sole member of Stricks is Stricks AG, and the sole member of Stricks AG is Above Food Ingredients Corp. Defendants purchase grain products from farmers in Colorado, Nebraska, North Dakota, and Montana to support the business. To obtain most grain licenses, Defendants must provide the respective state licensing agency with financial statements. In July 2025, Defendants were unable to obtain a renewed grain license in Nebraska due to Defendants' inability to provide the required audited financial statements. In July 2025, Defendants were unable to obtain a renewed grain license in Nebraska due to the Defendants' inability to provide the required audited financial statements. Defendants conduct 95% of their business in Montana. If Defendants are unable to prepare financial statements reflecting positive working capital, they will be unable to renew their Montana grain license. If the license is not renewed, Defendants will "go out of business" in June 2026. To secure the debt extended under the Credit Agreement and as a condition of extending credit thereunder, Stricks and Stricks AG executed that certain Security Agreement dated as of August 6, 2024, wherein Defendants granted Lender and CoBank, as Lender's Agent, a lien on and security interest in the personal property and fixtures of Defendants. To satisfy the requirements and financial covenants of the Credit Agreement, at or about the same time as the closing of the Credit Agreement, Above Food promised to make a capital contribution of $13,746,039 to Stricks and Stricks AG. In reliance on the Capital Contribution and the accuracy of the Compliance Certificate, CoBank and Lender closed the Credit Agreement, CoBank extended $39,425,272 in credit by way of (i) Revolving Credit Facility; (ii) Term Loan Facility; and (iii) Seasonal Credit Facility over the duration of the relationship. On October 4, 2024, Stricks AG, CoBank, and Lender executed the First Amendment to the Credit Agreement, among other things, the First Amendment added a post-closing covenant in Section 6.14(i) of the Credit Agreement, providing that Borrowers would receive a capital contribution in the form of common equity in an amount not less than $2,000,000 from Above Food by no later than October 18, 2024. Officers of Defendants have requested the Inventory Contribution from Above Food on several occasions, but Above Food has failed and refused to provide any of the Inventory Contribution to Defendants. Above Food also took approximately $2,000,000 of Defendants' funds for Above Food’s own legal expenses, which was an improper or wrongful distribution or the collection of intercompany receivables. Despite the officers of Defendants requesting that Above Food provide more information as well as for the return of funds, Above Food never provided more details, nor did it return the funds to Defendants. Above Food's failures and refusals to provide the Capital Contribution and Inventory Contribution directly impaired Defendants' business operations and financial stability, leading to Defendants' imminent harm of substantially diminished value. Furthermore, CoBank seeks the appointment of Alex G. Smith as receiver in a limited capacity to exercise limited management control over Defendants for (1) collecting, making formal demand upon and, if necessary, initiating claims against Above Food10 to recover damages resulting from the Above Food Claims and (2) if necessary and appropriate, marketing and, subject to the Court's approval, selling the Receivership Business. Mr. Smith has agreed to act as the primary agent for the limited receiver over Defendants for a fee of $580 per hour. If Creative is appointed as a receiver, and this Court requires it to post a bond, Creative will act accordingly. About Stricks LLC and Stricks AG LLC Stricks, LLC and Stricks AG, LLC, specialize in farm-sustainable specialty crops, such as chickpeas, lentils, and peas, for mass production to the larger agricultural supply chain. Stricks are facing a receivership case captioned as CoBank, ACB v. Stricks, LLC and Stricks AG, LLC, Case No. 1:25-cv-02942 (D. Colo.), before the Hon. Philip A. Brimmer. The case was filed on Sep. 18, 2025. Attorneys for Plaintiff CoBank, ACB are: Adam L. Hirsch, Esq. DAVIS GRAHAM & STUBBS LLP 3400 Walnut Street, Suite 700 Denver, CO 80205 Tel: (303) 892-9400 E-mail: adam.hirsch@davisgraham.com - and - Benjamin E. Shook, Esq. Katherine C. McDiarmid, Esq. MOORE & VAN ALLEN, PLLC 100 North Tryon Street, Suite 4700 Charlotte, NC 28202-4003 Tel: (704) 331-1000 E-mail: benshook@mvalaw.com katherinemcdiarmid@mvalaw.com SYLVA INC: Triplepoint PVC Marks $1.146MM Loan at 57% Off --------------------------------------------------------- Triplepoint Private Venture Credit Inc. has marked its $1,146,000 loan extended to Sylva Inc. to market at $489,000 or 43% of the outstanding amount, according to Triplepoint PVC's 10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Triplepoint Private Venture Credit Inc. is a participant in a Growth Capital Loan extended to Sylva Inc. The Loan accrues interest at a rate of 15.00% PIK interest rate, 2.12% EOT payment per annum. The Loan matures on January 31, 2028. TriplePoint Private Venture Credit Inc. is a closed-end, externally managed, non-diversified management investment company that provides debt financing to venture growth-stage companies. The Fund is led by James P. Labe as Chief Executive Officer and Sajal K. Srivastava as Chief Investment Officer, President and Director. The Fund can be reached at: James P. Labe TriplePoint Private Venture Credit Inc. 2755 Sand Hill Road, Suite 150 Menlo Park, CA 94025 Telephone: (650) 854-2090 About Sylva Inc. Sylva, Inc. is a growth-stage company financed through high-coupon payment-in-kind growth capital loans used to fund its business development and expansion initiatives. SYLVA INC: Triplepoint PVC Marks $1.28MM Loan at 57% Off -------------------------------------------------------- Triplepoint Private Venture Credit Inc. has marked its $1,280,000 loan extended to Sylva Inc. to market at $546,000 or 43% of the outstanding amount, according to Triplepoint PVC's 10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Triplepoint Private Venture Credit Inc. is a participant in a Growth Capital Loan extended to Sylva Inc. The Loan accrues interest at a rate of 5.00% PIK interest rate, 7.41% EOT payment per annum. The Loan matures on January 31, 2028. TriplePoint Private Venture Credit Inc. is a closed-end, externally managed, non-diversified management investment company that provides debt financing to venture growth-stage companies. The Fund is led by James P. Labe as Chief Executive Officer and Sajal K. Srivastava as Chief Investment Officer, President and Director. The Fund can be reached at: James P. Labe TriplePoint Private Venture Credit Inc. 2755 Sand Hill Road, Suite 150 Menlo Park, CA 94025 Telephone: (650) 854-2090 About Sylva Inc. Sylva, Inc. is a growth-stage company financed through high-coupon payment-in-kind growth capital loans used to fund its business development and expansion initiatives. SYLVA INC: Triplepoint PVC Marks $1.7MM Loan at 57% Off ------------------------------------------------------- Triplepoint Private Venture Credit Inc. has marked its $1,723,000 loan extended to Sylva Inc. to market at $735,000 or 43% of the outstanding amount, according to Triplepoint PVC's 10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Triplepoint Private Venture Credit Inc. is a participant in a Growth Capital Loan extended to Sylva Inc. The Loan accrues interest at a rate of 15.00% PIK interest rate, 7.41% EOT payment per annum. The Loan matures on January 31, 2028. TriplePoint Private Venture Credit Inc. is a closed-end, externally managed, non-diversified management investment company that provides debt financing to venture growth-stage companies. The Fund is led by James P. Labe as Chief Executive Officer and Sajal K. Srivastava as Chief Investment Officer, President and Director. The Fund can be reached at: James P. Labe TriplePoint Private Venture Credit Inc. 2755 Sand Hill Road, Suite 150 Menlo Park, CA 94025 Telephone: (650) 854-2090 About Sylva Inc. Sylva, Inc. is a growth-stage company financed through high-coupon payment-in-kind growth capital loans used to fund its business development and expansion initiatives. SYLVA INC: Triplepoint PVC Marks $1MM Loan at 57% Off ----------------------------------------------------- Triplepoint Private Venture Credit Inc. has marked its $1,034,000 loan extended to Sylva Inc. to market at $441,000 or 43% of the outstanding amount, according to Triplepoint PVC's 10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Triplepoint Private Venture Credit Inc. is a participant in a Growth Capital Loan extended to Sylva Inc. The Loan accrues interest at a rate of 15.00% PIK interest rate, 7.41% EOT payment per annum. The Loan matures on January 31, 2028. TriplePoint Private Venture Credit Inc. is a closed-end, externally managed, non-diversified management investment company that provides debt financing to venture growth-stage companies. The Fund is led by James P. Labe as Chief Executive Officer and Sajal K. Srivastava as Chief Investment Officer, President and Director. The Fund can be reached at: James P. Labe TriplePoint Private Venture Credit Inc. 2755 Sand Hill Road, Suite 150 Menlo Park, CA 94025 Telephone: (650) 854-2090 About Sylva Inc. Sylva, Inc. is a growth-stage company financed through high-coupon payment-in-kind growth capital loans used to fund its business development and expansion initiatives. SYLVA INC: Triplepoint PVC Marks $2MM Loan at 57% Off ----------------------------------------------------- Triplepoint Private Venture Credit Inc. has marked its $2,068,000 loan extended to Sylva Inc. to market at $882,000 or 43% of the outstanding amount, according to Triplepoint PVC's 10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Triplepoint Private Venture Credit Inc. is a participant in a Growth Capital Loan extended to Sylva Inc. The Loan accrues interest at a rate of 15.00% PIK interest rate, 7.41% EOT payment per annum. The Loan matures on January 31, 2028. TriplePoint Private Venture Credit Inc. is a closed-end, externally managed, non-diversified management investment company that provides debt financing to venture growth-stage companies. The Fund is led by James P. Labe as Chief Executive Officer and Sajal K. Srivastava as Chief Investment Officer, President and Director. The Fund can be reached at: James P. Labe TriplePoint Private Venture Credit Inc. 2755 Sand Hill Road, Suite 150 Menlo Park, CA 94025 Telephone: (650) 854-2090 About Sylva Inc. Sylva, Inc. is a growth-stage company financed through high-coupon payment-in-kind growth capital loans used to fund its business development and expansion initiatives. T.C.'S GRILL: Brenda Brooks Named Subchapter V Trustee ------------------------------------------------------ The Acting U.S. Trustee for Region 8 appointed Brenda Brooks of Moore & Brooks as Subchapter V trustee for T.C.'s Grill, Inc. Ms. Brooks will be paid an hourly fee of $300 for her services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Ms. Brooks declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Brenda Brooks Moore & Brooks Post Office Box 10024 Knoxville, TN 37919 Phone: (865) 450-5455 Email: bbrooks@moore-brooks.com About T.C.'s Grill Inc. T.C.'s Grill, Inc., doing business as T.C.'s Grill and Local Joe's Cafe, is a Maryville, Tennessee-based restaurant company operating casual dining locations in Maryville and Mt. Juliet, offering American and Southern-style cuisine across breakfast, lunch, and dinner with a focus on classic comfort foods. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Tenn. Case No. 26-30338) on Feb. 28, 2026, with $500,000 to $1 million in assets and $1 million to $10 million in liabilities. Steven Nelson, owner, signed the petition. Judge Suzanne H. Bauknight presides over the case. Kelli D. Holmes, Esq., at Tarpy, Cox, Fleishman & Leveille, PLLC represents the Debtor as legal counsel. TENCARVA MACHINERY: Barings CI Marks $4.MM Loan at 17% Off ---------------------------------------------------------- Barings Corporate Investors has marked its $4,017,977 loan extended to Tencarva Machinery Company to market at $3,325,506 or 83% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to Tencarva Machinery Company. The loan accrues interest at a rate of 8.57% (SOFR + 4.750%) per annum. The loan matures on Dec. 20, 2027. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Tencarva Machinery Company Tencarva Machinery Company is a distributor of mission-critical engineered equipment, replacement parts and related services serving industrial and municipal end markets. THREE OAKS: Case Summary & 20 Largest Unsecured Creditors --------------------------------------------------------- Debtor: Three Oaks Behavioral Health & Wellness, PLLC 1011 Dresser Court Raleigh, NC 27609 Business Description: Based in Raleigh, North Carolina, Three Oaks Behavioral Health & Wellness, PLLC operates multiple clinics in the Raleigh-Durham area providing individual, family, and couples therapy, psychological assessments, and specialized programs such as Eye Movement Desensitization and Reprocessing and Dialectical Behavior Therapy, focusing on evidence-based, client-centered care for emotional, psychological, and relational needs. Chapter 11 Petition Date: March 16, 2026 Court: United States Bankruptcy Court Eastern District of North Carolina Case No.: 26-01207 Judge: Hon. Joseph N. Callaway Debtor's Counsel: Rebecca Redwine Grow, Esq. HENDREN, REDWINE & MALONE, PLLC 4600 Marriott Drive Suite 150 Raleigh, NC 27612 Tel: (919) 420-7867 Fax: (919) 420-0475 E-mail: rredwine@hendrenmalone.com Total Assets: $424,587 Total Liabilities: $3,045,036 The petition was signed by Casie Hall as manager. 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/PCFWDOQ/Three_Oaks_Behavioral_Health___ncebke-26-01207__0001.0.pdf?mcid=tGE4TAMA TIPCO TECHNOLOGIES: Barings CI Marks $230,452 Loan at 51% Off ------------------------------------------------------------- Barings Corporate Investors has marked its $230,452 loan extended to Tipco Technologies to market at $112,777 or 49% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in an Incremental Term loan extended to Tipco Technologies. The loan accrues interest at a rate of 8.92% (SOFR + 5.250%) per annum. The loan matures on Nov. 3, 2027. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Tipco Technologies Tipco Technologies is a fluid solutions supplier providing hoses, fittings and related products for industrial, hydraulic and high-purity applications. TPD DESIGN: Case Summary & 20 Largest Unsecured Creditors --------------------------------------------------------- Debtor: TPD Design House, LLC 108 W. Wayne Avenue Wayne, PA 19087 Business Description: Specializing in brand identity, interactive design, custom event experiences, and web development, TPD Design House is a multidisciplinary creative studio that collaborates with clients to shape and communicate brand narratives across platforms and media. Founded in 2000, the company has developed in-house expertise in strategy, visual design, production, and fulfillment, allowing seamless delivery of complex design projects from concept through execution. Headquartered in Wayne, Pennsylvania, the agency serves global clients with creative services tailored to both corporate branding and moment-driven experiences, including weddings and experiential events. Chapter 11 Petition Date: March 16, 2026 Court: United States Bankruptcy Court Eastern District of Pennsylvania Case No.: 26-11073 Judge: Hon. Derek J Baker Debtor's Counsel: David B. Smith, Esq. SMITH KANE HOLMAN, LLC 112 Moores Road Suite 300 Malvern, PA 19355 Tel: 610-407-7215 Fax: 610-407-7218 E-mail: dsmith@skhlaw.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $10 million to $50 million The petition was signed by Vanessa Kreckel as managing 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/GT6YIRI/TPD_Design_House_LLC__paebke-26-11073__0001.0.pdf?mcid=tGE4TAMA TPI COMPOSITES: Equity Interest Asset Sale to ECP Blade OK'D ------------------------------------------------------------ The U.S. Bankruptcy Court for the Southern District of Texas, Houston Division, has granted TPI Composites Inc. and its subsidiaries to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor is a wind-blade manufacturer with a global footprint. The Debtors' Assets are comprised of equity interests of non-Debtor foreign subsidiaries. The Court has authorized the Debtors to sell the Assets to ECP Blade Holdings, LLC. The Buyer is purchasing the Transferred Debtor Assets and Transferred Debtor Equity Interests in good faith and is a good faith purchaser. The Court held that the Debtors' notice of the Bid Procedures, the sale of the Debtors' assets, the Sale Hearing, the proposed Auction, the Motion, the Assumption and Assignment Procedures (including the assumption and assignment of the Transferred Debtor Contracts and the proposed Cure Costs required in connection therewith), the ECP Purchase Agreement, the ECP Sale Transaction, and the Order was adequate, sufficient, and appropriate. The service of such Assumption and Assignment Notice was good, sufficient, and appropriate under the circumstances of these chapter 11 cases, provided all of the Counterparties with a full and fair opportunity to object to such assumption and assignment and to the proposed Cure Costs set forth in the Assumption and Assignment Notice, and was in compliance with all applicable provisions of the Bankruptcy Code, the Bankruptcy Rules, and Bankruptcy Local Rules, and the Bid Procedures Order. The Debtors have demonstrated good, sufficient, and sound business purposes and justifications for, and compelling circumstances justifying, pursuant to sections 105, 363, and 365 of the Bankruptcy Code, entry into the ECP Purchase Agreement and the prompt consummation of the ECP Sale Transaction. The Buyer is not an insider of any of the Debtors. The Buyer is purchasing the Transferred Debtor Assets and Transferred Debtor Equity Interests in good faith and is a good faith purchaser. None of the Debtors, the Buyer, or any of their respective Representatives has engaged in any conduct that would cause or permit the ECP Purchase Agreement or the consummation of the ECP Sale Transaction to be avoidable or avoided. The Debtors and their Representatives conducted all aspects of the marketing and sale process with respect to the Transferred Debtor Assets and Transferred Debtor Equity Interests at arm’s length, in good faith, and in compliance with the Bid Procedures Order The ECP Purchase Agreement constitutes the highest or otherwise best offer for the Transferred Debtor Assets and Transferred Debtor Equity Interests and will provide a greater recovery for the Debtors’ estates than would be provided by any other available alternative. The ECP Purchase Agreement represents a fair and reasonable offer to purchase the Transferred Debtor Assets and Transferred Debtor Equity Interests under the circumstances of these chapter 11 cases. About TPI Composites, Inc. TPI Composites -- https://tpicomposites.com/ -- is a leading wind-blade manufacturer and the only independent wind blade manufacturer with a global footprint. TPI Composites Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 25-34655) on August 11, 2025. The company listed $500 million to $1 billion in estimated assets, along with $1 billion to $10 billion in estimated liabilities. Honorable Bankruptcy Judge Christopher M. Lopez handles the case. The Debtor is represented by Gabriel Adam Morgan, Esq. at Weil, Gotshal & Manges LLP. Oaktree Capital Management L.P., as DIP agent, is represented by William A. (Trey) Wood III, Esq. at Bracewell, LLP. VANDERBILT MINERALS: Taps Dean Vomero of Applied Business as CRO ---------------------------------------------------------------- Vanderbilt Minerals, LLC seeks approval from the U.S. Bankruptcy Court for the Northern District of New York to employ Applied Business Strategy, LLC and designate Dean Vomero as CRO. The firm's services include: a. evaluating and providing a recommendation with respect to a potential bankruptcy filing; b. determining the Debtor's financing needs required for a potential bankruptcy filing; c. identifying, negotiating and being responsible for evaluating and closing potential third-party sources of liquidity or a sale of substantially all of the Debtor's assets relating to a potential bankruptcy filing; d. preparing and maintaining liquidity forecasts, forecasts and business, strategic or improvement plans; e. identifying potential improvements in liquidity which may be available from a bankruptcy filing; f. assisting in the post-filing accounting and bankruptcy required reporting; g. preparing and supporting the Debtor's legal counsel with all court motions and filings; h. reconciling any differences related to any settlements, financings or sale of assets. i. leading any forensic investigations required by creditors; and j. providing witness testimony as a declarant or expert witness. The firm's hourly rates are: Managing Directors $425 All Other Professionals $300 The firm received a retainer in the amount of $75,000. Mr. Vomero disclosed in a court filing that the firm is a "disinterested person" within the meaning of Section 101(14) of the Bankruptcy Code. The firm can be reached through: Dean Vomero Applied Business Strategy, LLC 1100 Superior Avenue E., Suite 1750 Cleveland, OH 44114 Telephone: (216) 239-1815 About Vanderbilt Minerals LLC Vanderbilt Minerals, LLC mines, processes, and distributes industrial minerals, primarily clays, for use in pharmaceutical, agricultural, personal care, coating, adhesive, construction, industrial, and household products, serving over 800 customers in roughly 60 countries. Vanderbilt Minerals sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D.N.Y. Case No. 26-60110) on Feb. 16, 2026. In the petition signed by Dean Vomero, chief restructuring officer, the Debtor disclosed $100 million to $500 million in both estimated assets and liabilities. The Debtor tapped Bond, Schoeneck & King PLLC as counsel and Kurtzman Carson Consultants, LLC, doing business as Verita Global, as claims and noticing agent. VANGUARD CUSTOM: Case Summary & 20 Largest Unsecured Creditors -------------------------------------------------------------- Debtor: Vanguard Custom Woodwork Inc. d/b/a Valley Custom Woodwork 1626 Industrial Court Belvidere, IL 61008 Business Description: Vanguard Custom Woodwork Inc., doing business as Valley Custom Woodwork, produces architectural millwork, custom cabinetry, casework, furniture, and surface solutions from its Belvidere, Illinois facility, serving luxury residential, commercial, healthcare, corporate, and multifamily housing markets. The company's operations integrate design collaboration, precision fabrication, and on-site installation to deliver tailored woodwork that meets client specifications and aesthetic goals, while also offering select consumer-ready products through online channels, reflecting a versatile approach across project scales and customer types. Chapter 11 Petition Date: March 17, 2026 Court: United States Bankruptcy Court Northern District of Illinois Case No.: 26-80416 Debtor's Counsel: William J. Factor, Esq. THE LAW OFFICE OF WILLIAM J. FACTOR, LTD. 105 W. Madison St., Suite 2300 Chicago, IL 60602 E-mail: wfactor@wfactorlaw.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Wojciech Wolny 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/IKQLPUA/Vanguard_Custom_Woodwork_Inc__ilnbke-26-80416__0001.0.pdf?mcid=tGE4TAMA VEROBLUE FARMS: Ruling on Attorney-Client Privilege Issue Affirmed ------------------------------------------------------------------ In the appeal styled CASSELS BROCK & BLACKWELL LLP, Appellant, vs. VEROBLUE FARMS USA, INC., Appellee, No. 25-CV-3034 CJW-KEM (N.D. Iowa), Chief Judge C.J. Williams of the U.S. States District Court for the Northern District of Iowa overruled the objection of Cassels Brock & Blackwell LLP to the Report and Recommendation ("R&R") issued by the Chief Magistrate Judge Honorable Kelly K.E. Mahoney with respect to attorney-client privilege. The R&R recommends that the District Court affirm the bankruptcy court's decision and enter judgment in favor of appellee. Appellant filed an objection to the R&R. The primary issue in this adversary proceeding involves the application of the attorney-client privilege and whether appellant, a law firm, can be compelled to produce documents it claims are subject to the attorney-client privilege. Appellant appealed the bankruptcy court's summary judgment order that found appellant did not prove the documents at issue are privileged and are therefore subject to turnover. Appellant also moved to stay enforcement of the bankruptcy court's order pending resolution of the appeal. Judge Mahoney denied the motion to stay, and the Court affirmed Judge Mahoney's decision. Judge Mahoney's R&R on the merits of appellant's appeal is before the District Court. Appellant's objection to Judge Mahoney's R&R is generally repetitive of the arguments it made in its motion to stay and its objection to Judge Mahoney's order denying the stay. In this case, appellant objects: (1) to Judge Mahoney's finding in the R&R that appellant conflates the waiver doctrine with its burden of proving privilege; (2) to Judge Mahoney's finding that the bankruptcy court did not make a finding whether appellant met its burden of proving that the documents were confidential or that they related to appellant's attorney-client relationship with VBF Canada; (3) to Judge Mahoney's recommendation to reject appellant's argument that seeks to allow a law firm to raise a blanket claim of attorney-client privilege without having to produce a privilege log or otherwise establish the elements of the attorney-client privilege have been satisfied; and (4) to the R&R expanding the attorney's obligation to properly assert the privilege into a burden of selectively waiving the privilege as to each document and if not doing so satisfactorily, then the attorney effectively waives the privilege that belongs to the client. Appellant's first ground in its objection addresses general attorney-client principles, including who the attorney-client privilege belongs to and who can waive it. The second, third, and fourth grounds are interrelated and address what is required to invoke and preserve the privilege and whether appellant met its burden to preserve the privilege. The District Court agrees with Judge Mahoney's finding that while an attorney cannot waive the attorney-client privilege, it can forfeit the privilege if it fails to satisfy its burden of proving the privilege attaches. Judge Mahoney, and the bankruptcy court, correctly distinguished waiver and the burden to prove privilege and correctly identified that this case should be evaluated under the attorney's burden to prove the privilege and not under the client's ability to waive the privilege. Appellant's objection is overruled as to this first ground, the Court holds. There is a heavy burden to prove the privilege because it is a sacred privilege. If the burden were lighter, there would be more risk for abuse and dilution of the privilege. The bankruptcy court's demanding standard protects the privilege. Without strong protections there is serious risk that litigants will abuse the privilege, create distrust, and hamper the search for truth. According to the District Court, the bankruptcy court was correct to impose a demanding standard and to be skeptical when appellant failed to provide what was necessary. Thus, the both the bankruptcy court and Judge Mahoney are correct that there is a demanding standard to prove attorney-client privilege, that a blanket assertion of privilege will not suffice, and that enforcing a demanding standard does not impermissibly broaden an attorney's burden of proving privilege. Appellant's objection is overruled as to the second, third, and fourth grounds. Appellant's objection is overruled, the R&R is adopted, the bankruptcy court's decision is affirmed, and judgment shall enter in favor of appellee. A copy of the Court's Order dated March 13, 2026, is available at http://urlcurt.com/u?l=ZDWQpOfrom PacerMonitor.com. About Veroblue Farms USA Headquartered in Webster City, Iowa, VeroBlue Farms USA, Inc. -- http://verobluefarms.com/-- operates a fish farm specializing in Barramundi, a freshwater fish found in the Indo-Pacific waters of Australia. It created an innovative aquaculture system that utilizes the natural elements of air, water and care. VeroBlue Farms USA, Inc., VBF Operations Inc., VBF Transport Inc., VBF IP Inc., and Iowa's First Inc. sought protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Iowa Lead Case No. 18-01297) on Sept. 21, 2018. In the petitions signed by Norman McCowan, president, VeroBlue estimated assets of less than $50,000 and liabilities of $50 million to $100 million. The Debtors tapped Elderkin & Pirnie, PLC and Ag & Business Legal Strategies, P.C. as their legal counsel; and Alex Moglia and his firm Moglia Advisors as chief restructuring officer. The Office of the U.S. Trustee appointed an official committee of unsecured creditors on Oct. 24, 2018. The Committee retained Goldstein & McClintock LLLP as its counsel. VMI FURNITURE: Seeks to Tap Reaves as General Bankruptcy Counsel ---------------------------------------------------------------- VMI Furniture Solutions LLC seeks approval from the U.S. Bankruptcy Court for the Eastern District of Virginia to employ Reaves, PLLC as counsel. The firm's services include: (a) advise the Debtor with respect to its powers and duties in the continued management and operation of its business and properties; (b) advise and consult on the conduct of this Chapter 11 case; (c) attend meetings and negotiate with representatives of creditors and other parties in interest; (d) take all necessary actions to protect and preserve the Debtor's estate; (e) prepare pleadings in connection with this Chapter 11 case; (f) represent the Debtor in connection with obtaining postpetition financing, if such becomes necessary; (g) advise the Debtor in connection with any potential sale of assets; (h) appear before the Court and any appellate courts to represent the interests of the Debtor's estate; (i) take any necessary action on behalf of the Debtor to negotiate, prepare, and obtain confirmation of a plan under Subchapter V of Chapter 11 of the Bankruptcy Code, and all documents related thereto; and (j) perform all other necessary legal services for the Debtor in connection with the prosecution of this Chapter 11 case. The firm will be paid at these hourly rates: Attorneys $350 - $565 Paraprofessionals $245 - $295 In addition, the firm will seek reimbursement for expenses incurred. Michael Wilson, Esq., an attorney at Reaves, 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 G. Wilson, Esq. Reaves PLLC 555 Belaire Avenue, Suite 300 Chesapeake, VA 23320 Telephone: (804) 614-8301 Email: mike.wilson@reavesgovcon.com About VMI Furniture Solutions LLC VMI Furniture Solutions LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Va. Case No. 26-70417) on February 19, 2026. In the petition signed by Pamela Murphy, president, the Debtor disclosed up to $500,000 in assets and up to $1 million in liabilities. Michael Wilson, Esq., at Reaves PLLC represents the Debtor as counsel. VSE CORP: S&P Affirms 'BB' Rating on Secured Term Loan B on Upsize ------------------------------------------------------------------ S&P Global Ratings affirmed its 'BB' issue-level rating on VSE Corp.'s upsized term loan B and revised the recovery rating to '4' from '3'. The '4' recovery rating indicates S&P's expectation for average (30%-50%; rounded estimate: 45%) recovery in the event of a default. VSE upsized its secured term loan B to $900 million from $600 million and will repay its $296 million secured term loan A, which we view as leverage neutral. S&P's 'BB' issuer credit rating with a stable outlook on VSE is unchanged. Issue Ratings--Recovery Analysis Key analytical factors -- S&P revised the recovery rating on the upsized $900 million term loan B due in 2033 to '4' from '3'. The proposed capital structure also includes a $500 million revolver (undrawn at close) due in 2030 and $72 million of amortizing notes (both unrated). -- S&P values the company on a going-concern basis using a 5x multiple of its projected emergence EBITDA. -- Other key assumptions at default include SOFR of 2.5% and the revolver 85% drawn. Simulated default assumptions -- Default year: 2031 -- EBITDA at emergence: $135 million -- Multiple: 5x Simplified waterfall -- Net enterprise value (after 5% administrative expenses): $641 million -- Valuation split (obligor/nonobligors): 100%/0% -- Collateral value available to first-lien creditors: $641 million -- Total first-lien debt: $1.32 billion --Recovery expectations: 30%-50% (rounded estimate: 45%) WELCH & WELCH: Seeks to Sell 2020 Versatile 315 Tractor ------------------------------------------------------- Welch & Welch Planting Company, LLC seeks permission from the U.S. Bankruptcy Court for the Western District of Tennessee, Eastern Division, to sell Property, free and clear of liens, claims, interests, and encumbrances. The equipment being sold is a 2020 Versatile 315 Tractor, Serial Number 50105. The tractor subject to this motion is primarily spare equipment and unneeded for the current operation of farming. It is all property of the estate and owned by and titled in the name of the Debtor. Helena Agri-Enterprises, LLC holds a first security interest in all equipment belonging to Debtor. The $25,000.00 of the sale shall be paid to Helena Agri-Enterprises, LLC per agreement of the parties in exchange for existing collateral. An additional payment of $49,397.67 shall be paid to Helena pursuant to Order of the Court dated January 20, 2026. The remainder of the funds will be used to help fund day to day operations of the business. Debtor seeks authority to execute any documents necessary to assign said proceeds to Helena Agri-Enterprises, LLC. The Debtor believes that the sale of the tractor is in the best interest of the Bankruptcy Estate. The price to be paid for the tractor is fair and reasonable because the Debtor in possession proposes to sell to highest bidder at an auction sale of farm equipment on March 23, 2026 conducted by DeWitt Auction Company of Sikeston, Missouri. The Debtor in possession further seeks permission to pay said DeWitt Auction Company 7% of the gross selling price of the farm equipment. There have been no other interested parties that have indicated they would make a higher, better or satisfactory offer for the purchase of the equipment. The sale does not unfairly benefit insiders, the prospective purchaser or unfairly favor a creditor or class of creditors because the recent economic downturn has made credit more difficult to obtain and depressed the price of farm equipment and the commodities that will be grown on the real estate. About Welch & Welch Planting Co., LLC Welch & Welch Planting Co. LLC is an agricultural company specializing in crop production, utilizing advanced machinery for planting, soil preparation, irrigation, and harvesting. Welch & Welch Planting Co. LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Tenn. Case No. 25-10356 on March 13, 2025. In its petition, the Debtor reports total assets of $1,323,500 and total liabilities of $1,055,264. The Debtor is represented by Tom Strawn, Esq., at The Law Office of Tom Strawn. WELCOME GROUP 2: RSS Loses Bid for Automatic Stay Relief -------------------------------------------------------- Judge Mina Nami Khorrami of the U.S. Bankruptcy Court for the Southern District of Ohio denied RSS WFCM2019-C50 – OH WG2, LLC's amended emergency motion for relief from the automatic stay in the bankruptcy case of Welcome Group 2, LLC. RSS WFCM2019-C50 – OH WG2, LLC ("RSS") seeks relief from the automatic stay as it relates to the real and personal property of the Debtor, Dayton Hotels 2, LLC (the "Debtor"), for cause under 11 U.S.C. Sec. 362(d)(1) on the bases that this bankruptcy was not filed in good faith and RSS lacks adequate protection of its interest in the Debtor's property. RSS also requests relief from the automatic stay under 11 U.S.C. Sec. 362(d)(2) on the bases that the Debtor lacks equity in the property that secures the debt owed to RSS because the amount of RSS's claim exceeds the value of that property and the Debtor's property is not necessary to an effective reorganization. On April 9, 2019, the Debtor along with Welcome Group 2, LLC, Hilliard Hotels, LLC, Dayton Hotels, LLC, 5 and Elite Hospitality LLC (the "CoObligors") entered into a loan agreement (the "Loan") with UBS AG, predecessor in interest to RSS, in the principal amount of $21,300,000.00 and executed a promissory note (the "Note") regarding same. On the same day, the Debtor executed an open-end mortgage and security agreement and an assignment of leases and rents with RSS's predecessor in interest to secure the Loan and the Note. The Days Inn in addition to the hotels and the real property owned by the Co-Obligors (the "Other Hotels"), among other assets, provided security for the Loan and the Note. In December 2021, RSS, through its special servicer, commenced foreclosure proceedings against the Debtor and the Co-Obligors in state court based on allegations of default under the Loan and the Note. In August 2023, the State Court entered an order appointing a receiver to oversee the management of the Days Inn and the Other Hotels. After being appointed, the Receiver managed to obtain branding for the Debtor's unbranded hotel as a Days Inn by Wyndham Hotels & Resorts, Inc. On June 3, 2025, RSS filed a motion in the State Court requesting authority for the Receiver to engage a real estate broker to sell the Days Inn. The Receiver remained in place managing the Days Inn until June 24, 2025 (the "Date of Turnover") when the Days Inn was turned over to the Debtor. After the bankruptcy case was filed, the Debtor worked diligently to negotiate and execute a franchise agreement with Days Inn (the "Franchise Agreement") for a period of one year with an option to renew the agreement. At the time of the Hearing, the Debtor paid RSS $12,000 and proposed to continue paying RSS $12,000 monthly as adequate protection payment for the use of the Days Inn. With respect to the value of the Days Inn, the Debtor indicated on its Schedule A/B: Assets – Real and Personal Property that the current value is $3,600,000.00. The county auditor assessed the Days Inn with a value in the amount of $2,016,000 for the year 2024. The amount of RSS's claim is disputed by the parties. The Debtor listed a debt owed to RSS on Schedule D: Creditors Who Have Claims Secured by Property as contingent, unliquidated, and disputed in the amount of $4,575,000.00. RSS, however, has not filed a proof of claim in the Debtor's bankruptcy case but has filed a proof of claim in each of the Affiliated Debtors' cases indicating the amount of RSS's claim is $31,960,016.83. The Affiliated Debtors have objected to the proofs of claim (the "Omnibus Objection") filed by RSS. The Debtor contends that the total of the preliminarily disputed amounts is more than $8,899,287.30. RSS asserts that it is entitled to relief from the automatic stay under both Sec. 362(d)(1) and Sec. 362(d)(2). RSS contends that it is entitled to relief from the automatic stay under Sec. 362(d)(1) for cause because the Debtor filed this bankruptcy case in bad faith and RSS lacks adequate protection. RSS argues that because the Debtor filed for bankruptcy protection days before the scheduled auction of the Days Inn such conduct is evidence of bad faith and an intent by the Debtor to cause delay and thwart the sale of the hotel. RSS also suggests that the Debtor's lack of employees and a franchise agreement are other evidence of the Debtor's bad faith. RSS asserts that cause exists for granting relief from the automatic stay because the Debtor cannot provide adequate protection of RSS's interest in the Days Inn. RSS also claims that the Debtor lacks equity in the Days Inn because the amount of RSS's claim exceeds the value of the Days Inn as scheduled by the Debtor and assessed by the county auditor. RSS argues that the Days Inn is not necessary to an effective reorganization because the Debtor cannot satisfy the fair and equitable requirements mandated for confirmation of the plan under 11 U.S.C. Sec. 1129(b). In response, the Debtor argues that it filed bankruptcy in good faith to prevent the Debtor from being sold at auction for an amount that was well below the Debtor's actual fair market value and to preserve the Debtor as a going concern. The Debtor also asserts that relief from stay is not appropriate under Sec. 362(d)(1) for lack of adequate protection because the Debtor is proposing to pay and has paid RSS $12,000 a month to provide RSS adequate protection. The Debtor contends that RSS failed to prove the Debtor lacks equity in the Days Inn because RSS failed to provide sufficient evidence of the value of the Other Hotels in addition to the Days Inn which is necessary due to the Loan and the Note being cross-collateralized. The Debtor also asserts that the lack of equity cannot be determined since the claim amount is subject to the outcome of the Omnibus Objection and the Debtor disputes the amount RSS claims it is owed in this case as well. The Debtor argues that the Days Inn is necessary for an effective reorganization because the Days Inn generates income necessary to fund a plan of reorganization, and the Debtor intends on filing a plan of reorganization with the Affiliated Debtors. Therefore, according to the Debtor, relief from the automatic stay under Sec. 362(d)(2) is not appropriate. According to the Bankruptcy Court, because the Debtor and Affiliated Debtors are jointly liable under the Loan and the Note, RSS's claim amount in this case should be the same as in the Affiliated Debtors' cases. Calling into question a minimum of $8,899,287.30 of RSS's claim amount could have a significant impact on this Court's determination regarding equity if the objection to RSS's proofs of claim is ultimately sustained such that it reduces the claim in that amount or a higher amount. Therefore, for all the reasons stated, the Court concludes that it has insufficient evidence to be able to make a determination regarding equity in this case, as RSS did not satisfy its burden of showing that the Debtor lacks equity under Sec. 362(d)(2), and the request for relief from stay must be denied. Thus, the burden did not shift to the Debtor to show that the Days Inn is necessary to an effective reorganization, and therefore the Court does not reach that issue. The Bankruptcy Court finds that cause does not exist under Sec. 362(d)(1) to grant relief from the automatic stay because the Debtor filed this bankruptcy case in good faith, and RSS's interest in the Days Inn is not declining and is adequately protected. The Court further finds that RSS failed to provide sufficient evidence to demonstrate that the Debtor lacks equity under Sec. 362(d)(2). A copy of the Court's Memorandum Opinion and Order dated March 13, 2026, is available at http://urlcurt.com/u?l=b76Xdcfrom PacerMonitor.com. About Welcome Group 2 LLC Welcome Group 2, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S. D. Ohio Case No. 23-53044) on September 1, 2023. In the petition signed by Abhijit Vasani, as president, InnVite Opco, Inc., sole member, the Debtor disclosed up to $10 million in both assets and liabilities. Judge C. Kathryn Preston oversees the case. Denis E. Blasius, Esq., at Thomsen Law Group, LLC, represents the Debtor as legal counsel. Secured lender RSS WFCM2019-C50 - OH WG2, LLC, is represented by, Tami Hart Kirby, Esq. And Walter Reynolds, Esq. At Porter Wright Morris & Arthur LLP. WINDANCE WIND: Hires Michael D. O'Brien & Associates as Counsel --------------------------------------------------------------- Windance Wind Sports, Inc. seeks approval from the U.S. Bankruptcy Court for the District of Oregon to employ Michael D. O'Brien & Associates PC as counsel. The firm's services include: (a) negotiate financing orders; (b) obtain authorization for use of cash collateral; (c) review and evaluate the status and validity of secured claims; (d) litigate to implement the Debtor's avoidance powers; and (e) formulate a plan of reorganization. The firm's attorneys and staff will be paid at these hourly rates: Theodore Piteo, Partner $500 Michael O'Brien, Partner $495 Associate Attorney $300 Hugo Zollman, Senior Paralegal $185 Lauren Gary, Paralegal $125 In addition, the firm will seek reimbursement for expenses incurred. On February 3, 2026, the firm was retained by the Debtor, regarding investigation into reorganization and received $10,000. On February 17, 2026, the firm received an additional $35,000 to prepare bankruptcy schedules, to analyze and strategize for ongoing debt negotiation with creditors, and to assist with this Chapter 11 filing. Mr. Piteo 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: Theodore J. Piteo, Esq. Michael D. O'Brien & Associates PC 7609 S.W. Beveland Road Portland, OR 97223 Telephone: (503) 786-3800 About Windance Wind Sports Inc. Windance Wind Sports, Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Ore. Case No. 26-30792) on March 9, 2026, listing up to $1 million in assets and up to $10 million in liabilities. Judge David W. Hercher oversees the case. Theodore J. Piteo, Esq., at Michael D. O'Brien & Associates PC represents the Debtor as counsel. WOODLAND FOODS: Barings CI Marks $2.5MM Loan at 18% Off ------------------------------------------------------- Barings Corporate Investors has marked its $2,519,390 loan extended to Woodland Foods, Inc. to market at $2,060,495 or 82% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a term loan extended to Woodland Foods, Inc. The Loan accrues interest at a rate of 9.17% (SOFR + 5.250%) per annum. The Loan matures on Dec. 29, 2028. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Woodland Foods, Inc. Woodland Foods, Inc. is a supplier of specialty dry ingredients, including herbs and spices, rice and grains, mushrooms and truffles, chilies and other products serving industrial, foodservice and retail customers. WORKHORSE GROUP: Strengthens Financial Position Post-Motiv Merger ----------------------------------------------------------------- Workhorse Group Inc. posted a slide presentation and letter to shareholders on the Investors page of its website at http://www.workhorse.com/announcing updates regarding the Company's business and operations since the closing of the merger with Motiv Power Systems, Inc. In the Letter of Shareholders, Scott Griffith commented: "Dear Workhorse Shareholders, it is a privilege to write to you today as CEO of the new Workhorse. Since completing our merger with Motiv Electric Trucks in December 2025, our team has been moving quickly -- and I'm pleased to report that we are executing against the priorities we set from day one. The commercial truck market is at an inflection point, and we believe Workhorse is well-positioned to be an important part of its transformation." What We've Done: Delivering on Our Early Priorities "We made three clear commitments at the outset: complete the integration, expand our product portfolio, and strengthen our financial position. Here's where we stand: * Integration: "Our Board and governance structure are in place, employee and office integrations are nearly complete, and we have completed a full review of our enterprise systems and key operating processes. We have taken early steps to pursue an integrated operating model from which to operate and grow and we have finalized a plan for full enterprise process and systems integration as we progress through the next 2 to 3 quarters. * Product Portfolio and Roadmap: "We have developed a new Cycle Plan and product-roadmap that charts the future commonization / harmonization of our hardware and software platforms -- along with advancing the design of a new proprietary cab-chassis designed to unlock a broader spectrum of the full Class 4–6 marketplace. In terms of low-cost manufacturing readiness, we are continuing production of the W56 at our Union City, Indiana facility and are in the final stages of fully transferring all of our other manufacturing activities to our facilities in Union City. * Financial Position: "Following the merger, we entered the year with a much stronger balance sheet, and we have completed the placement of a new line of supply chain financing to support advance orders of parts and components to reduce the time and significantly lower the use of cash to fulfill those orders. We are preparing to report on our full-year 2025 and Q4 results at the end of March. While it's only been a short time since we closed the merger, we are on track to recognize expected integration synergies and initial gains from economies of scale – reducing our fixed costs and our bill of materials costs. The Road Ahead: Why We Remain Confident "The combined Workhorse brings over 20 years of operating experience, more than $860 million in previously invested capital, 1,100 trucks deployed across North America's largest fleets, and more than 20 million miles of real-world use. We believe that foundation gives us a durable competitive advantage in the $23 billion medium-duty truck market(1) -- a market that is ripe for disruption and increasingly ready to act. "Our Stables by Workhorse division, which operates as an independent FedEx contractor in Ohio, continues to provide powerful, real-world proof of what our trucks can do: our electric vehicles deliver documented savings of approximately 64%(2) on fuel and maintenance compared to ICE vehicles. We believe that kind of performance, demonstrated at scale across a mixed fleet, is a compelling argument for any fleet operator running the numbers on total cost of ownership. "We believe profitability is achievable at a low volume that equates to less than 1% of our target market. That's not an aspirational number. It's a modest, achievable milestone for a company that already has trucks on the road with 10 of North America's largest medium-duty fleet operators. Best of all, we believe our five-year growth plan is achievable at our existing commercial scale manufacturing plant with minimal additional capital expenditure required. "Looking further ahead, we are aligning our R&D investments in 2026 and 2027 to expand our product lineup with maximum shared architecture – an approach that we believe will drive down per-unit cost and unlock greater pricing flexibility. We have finalized our strategic product roadmap, begun executing against it, and see continued strong interest from both our existing key customers and new market segments. "And finally, the new Workhorse is beginning to see increasing sales momentum. The integration of our Go-To-Market teams has strengthened alignment across the organization and created a more disciplined and coordinated approach to customer engagement, and we're already seeing early results that show improvement in our sales pipeline. Positive trends in opportunity creation, progression and closings reflect the early impact of the operational and strategic changes we have implemented. As we approach the end of the first quarter, we believe this progress is translating into a strengthening backlog that we believe will support our plans for 2026 and beyond and reinforces our confidence in Workhorse's path toward sustained commercial growth. "Our vision is straightforward: make the adoption of Workhorse trucks simple, strategic, and cost-effective for every commercial fleet customer we serve. By doing so, we aim to drive growth, achieve profitability, and create long-term value for you, our shareholders. "Thank you for your continued support. We are looking forward to discussing our Q4 and 2025 full year results in late March." Copies of the presentation and shareholder letter are available at https://tinyurl.com/z4ucadxe and https://tinyurl.com/3dw4dmmn, respectively. About Workhorse Group Workhorse Group Inc. -- http://www.workhorse.com-- is an American technology company with a vision to pioneer the transition to zero-emission commercial vehicles. The Company designs, develops, manufactures and sells fully electric ground and air-based electric vehicles. New York, N.Y.-based Berkowitz Pollack Brant Advisors + CPAs, the Company's auditor since 2024, issued a "going concern" qualification in its report dated March 31, 2025, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2024, citing that the Company has incurred a net loss of $101.8 million and used $47.6 million of cash in operating activities during the year ended December 31, 2024, and as of December 31, 2024 the Company had total working capital of $8.2 million, including $4.1 million of cash and cash equivalents, and an accumulated deficit of $853.4 million. These conditions, along with the other matters, raise substantial doubt about the Company's ability to continue as a going concern. As of September 30, 2025, the Company had $116.7 million in total assets, $84.7 million in total liabilities, and $32.1 million in total stockholders' equity. ZIYAD: Barings Corporate Marks $1.9MM Loan at 44% Off ----------------------------------------------------- Barings Corporate Investors has marked its $1,948,969 loan extended to Ziyad to market at $1,097,660 or 56% of the outstanding amount, according to Barings CI's N-CSR for the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and Exchange Commission. Barings Corporate Investors is a participant in a First Term loan extended to Ziyad. The Loan accrues interest at a rate of 8.20% (SOFR + 4.500%) per annum. The Loan matures on Dec. 19, 2032. Barings Corporate Investors is a closed-end management investment company that primarily invests in privately placed, below-investment-grade corporate debt and equity securities. The Fund is led by Christina Emery as President and Christopher Hanscom as Chief Financial Officer. The Fund can be reached at: Christina Emery Barings Corporate Investors 300 South Tryon Street, Suite 2500 Charlotte, NC 28202 Telephone: (704) 805-7200 About Ziyad Ziyad is an importer, brand manager, value-added processor and distributor of Middle Eastern and Mediterranean foods across multiple channels. [^] Recent Small-Dollar & Individual Chapter 11 Filings ------------------------------------------------------- In re The John Bennett Group, LLC Bankr. N.D. Ga. Case No. 26-52635 Chapter 11 Petition filed February 27, 2026 Filed Pro Se In re CFIN2002-RTL1ISSUERLLC Bankr. E.D.N.Y. Case No. 26-41108 Chapter 11 Petition filed March 5, 2026 See https://www.pacermonitor.com/view/KMNY2YA/CFIN2002-RTL1ISSUERLLC__nyebke-26-41108__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re RTB Hospitality, LLC Bankr. E.D. Cal. Case No. 26-21226 Chapter 11 Petition filed March 7, 2026 See https://www.pacermonitor.com/view/5J5JBXA/RTB_Hospitality_LLC__caebke-26-21226__0001.0.pdf?mcid=tGE4TAMA represented by: Stephan M. Brown, Esq. THE BANKRUPTCY GROUP, P.C. E-mail: ECF@thebklawoffice.com In re Palmetto Therapy Services Inc. Bankr. D.S.C. Case No. 26-01041 Chapter 11 Petition filed March 8, 2026 See https://www.pacermonitor.com/view/NKHUWLY/Palmetto_Therapy_Services_Inc__scbke-26-01041__0001.0.pdf?mcid=tGE4TAMA represented by: Michael Mogil, Esq. MAGIL LAW FIRM E-mail: MMOGIL@MOGILLAW.COM In re KK&G, LLC Bankr. N.D. Ala. Case No. 26-00870 Chapter 11 Petition filed March 9, 2026 See https://www.pacermonitor.com/view/UM4Y3HI/KKG_LLC__alnbke-26-00870__0001.0.pdf?mcid=tGE4TAMA represented by: Robert C. Keller, Esq. RUSSO, WHITE & KELLER, P.C. E-mail: rkeller@rwkattorneys.com In re Leadership, Inc. Bankr. N.D. Ga. Case No. 26-53226 Chapter 11 Petition filed March 9, 2026 See https://www.pacermonitor.com/view/IP4EDOY/Leadership_Inc__ganbke-26-53226__0001.0.pdf?mcid=tGE4TAMA represented by: Leslie Pineyro, Esq. JONES & WALDEN LLC E-mail: info@joneswalden.com In re Delmart, Inc. Bankr. D. Md. Case No. 26-12425 Chapter 11 Petition filed March 9, 2026 See https://www.pacermonitor.com/view/GKHLPCA/DELMART_INC__mdbke-26-12425__0001.0.pdf?mcid=tGE4TAMA represented by: Charles C. Iweanoge, Esq. THE IWEANOGES' FIRM, PC E-mail: cci@iweanogesfirm.com In re Trident Equities LLC Bankr. E.D.N.Y. Case No. 26-70944 Chapter 11 Petition filed March 9, 2026 See https://www.pacermonitor.com/view/PIMG7VI/Trident_Equities_LLC__nyebke-26-70944__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Girard Early Childhood LLC Bankr. E.D. Pa. Case No. 26-10936 Chapter 11 Petition filed March 9, 2026 See https://www.pacermonitor.com/view/62UEY6I/Girard_Early_Childhood_LLC__paebke-26-10936__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Donna Disher Corporation Bankr. W.D. Pa. Case No. 26-20648 Chapter 11 Petition filed March 9, 2026 See https://www.pacermonitor.com/view/DPRC3DY/Donna_Disher_Corporation__pawbke-26-20648__0001.0.pdf?mcid=tGE4TAMA represented by: Christopher M. Frye, Esq. STEIDL & STEINBERG, P.C. E-mail: chris.frye@steidl-steinberg.com In re Del Campo Al Norte Restaurant Corporation Bankr. D.P.R. Case No. 26-01003 Chapter 11 Petition filed March 9, 2026 See https://www.pacermonitor.com/view/YIU7QNQ/DEL_CAMPO_AL_NORTE_RESTAURANT__prbke-26-01003__0001.0.pdf?mcid=tGE4TAMA represented by: Luis D. Flores Gonzalez, Esq. LCDO. LUIS D. FLORES GONZALEZ E-mail: ldfglaw@yahoo.com In re Allen Glenn Smith Bankr. M.D. Ala. Case No. 26-30645 Chapter 11 Petition filed March 10, 2026 represented by: Anthony Bush, Esq. In re Audrey Lea Bruner Bankr. M.D. Fla. Case No. 26-00974 Chapter 11 Petition filed March 10, 2026 represented by: Byron Wright, Esq. In re Bluelight, Inc. Bankr. N.D. Ind. Case No. 26-30291 Chapter 11 Petition filed March 10, 2026 See https://www.pacermonitor.com/view/HZLMDCQ/BLUELIGHT_INC__innbke-26-30291__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Nicholas Bieghler Bankr. N.D. Tex. Case No. 26-41078 Chapter 11 Petition filed March 10, 2026 represented by: Brandon Tittle, Esq. In re Sanders & Associates Tax & Accounting Solutions Corp. Bankr. S.D. Tex. Case No. 26-31611 Chapter 11 Petition filed March 10, 2026 See https://www.pacermonitor.com/view/UJHGANA/Sanders__Associates_Tax__Accounting__txsbke-26-31611__0001.0.pdf?mcid=tGE4TAMA represented by: Reese Baker, Esq. BAKER & ASSOCIATES E-mail: courtdocs@bakerassociates.net In re Fairhaven Poke, LLC Bankr. W.D. Wash. Case No. 26-10735 Chapter 11 Petition filed March 10, 2026 See https://www.pacermonitor.com/view/MJ6RXRI/Fairhaven_Poke_LLC__wawbke-26-10735__0001.0.pdf?mcid=tGE4TAMA represented by: Thomas D. Neeleman, Esq. NEELEMAN LAW GROUP, P.C. Email: courtmail@expresslaw.com In re Eddy Doumas Bankr. D. Ariz. Case No. 26-02238 Chapter 11 Petition filed March 11, 2026 represented by: Joann Falgout, Esq. In re Hayats Kitchen, Inc. Bankr. C.D. Cal. Case No. 26-10498 Chapter 11 Petition filed March 11, 2026 See https://www.pacermonitor.com/view/O5BSDOQ/Hayats_Kitchen_Inc__cacbke-26-10498__0001.0.pdf?mcid=tGE4TAMA represented by: Eric Bensamochan, Esq. THE BENSAMOCHAN LAW FIRM, INC. E-mail: eric@eblawfirm.us In re Gena Ann Lofton Bankr. C.D. Cal. Case No. 26-12320 Chapter 11 Petition filed March 11, 2026 represented by: Giovanni Orantes, Esq. In re Vagish Kapila Bankr. N.D. Cal. Case No. 26-40493 Chapter 11 Petition filed March 11, 2026 represented by: Marc Voisenat, Esq. In re Power Clean Enterprises, Inc. Bankr. E.D. Cal. Case No. 26-21299 Chapter 11 Petition filed March 11, 2026 See https://www.pacermonitor.com/view/T6TNWRQ/Power_Clean_Enterprises_Inc__caebke-26-21299__0001.0.pdf?mcid=tGE4TAMA represented by: Arasto Farsad, Esq. FARSAD LAW OFFICE, P.C. E-mail: af@farsadlaw.com In re Empower Naturopathic Medicine, Inc. Bankr. S.D. Cal. Case No. 26-00969 Chapter 11 Petition filed March 11, 2026 See https://www.pacermonitor.com/view/5GUWCJQ/Empower_Naturopathic_Medicine__casbke-26-00969__0001.0.pdf?mcid=tGE4TAMA represented by: Steven E. Cowen, Esq. S.E. COWEN LAW E-mail: Cowen.steve@secowenlaw.com In re 3 Fifths Holdings LLC Bankr. M.D. Fla. Case No. 26-00540 Chapter 11 Petition filed March 11, 2026 See https://www.pacermonitor.com/view/UJIKIWQ/3_Fifths_Holdings_LLC__flmbke-26-00540__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Eric Soulavy Bankr. S.D. Fla. Case No. 26-12964 Chapter 11 Petition filed March 11, 2026 represented by: Nathan Mancuso, Esq. In re Frederick Family Chiropractic, LLC Bankr. S.D. Ind. Case No. 26-01325 Chapter 11 Petition filed March 11, 2026 See https://www.pacermonitor.com/view/2HONKNQ/Frederick_Family_Chiropractic__insbke-26-01325__0001.0.pdf?mcid=tGE4TAMA represented by: Eric Welch, Esq. WELCH & COMPANY, LLC E-mail: ecwelch@ewelchlaw.com In re Select Alternative Home Choice 3 LLC Bankr. D. Md. Case No. 26-12524 Chapter 11 Petition filed March 11, 2026 See https://www.pacermonitor.com/view/Y6MWWCA/Select_Alternative_Home_Choice__mdbke-26-12524__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re W.B. Blackwell Estates, LLC Bankr. D. Md. Case No. 26-12557 Chapter 11 Petition filed March 11, 2026 See https://www.pacermonitor.com/view/DC36TEA/WB_Blackwell_Estates_LLC__mdbke-26-12557__0001.0.pdf?mcid=tGE4TAMA represented by: Robert B. Scarlett, Esq. SCARLETT & CROLL, P.A. E-mail: rscarlett@scarlettcroll.com In re Pro Carpentry, LLC Bankr. E.D. Mich. Case No. 26-42605 Chapter 11 Petition filed March 11, 2026 See https://www.pacermonitor.com/view/4WCBFKQ/Pro_Carpentry_LLC__miebke-26-42605__0001.0.pdf?mcid=tGE4TAMA represented by: Kim K. Hillary, Esq. SCHAFER AND WEINER, PLLC E-mail: khillary@schaferandweiner.com In re Superior Family Investments Corp Bankr. W.D. Mo. Case No. 26-50082 Chapter 11 Petition filed March 11, 2026 See https://www.pacermonitor.com/view/24QUXJA/Superior_Family_Investments_Corp__mowbke-26-50082__0001.0.pdf?mcid=tGE4TAMA represented by: Gary Mardian, Esq. WEISNER & FRACKOWIAK LC E-mail: garym@wflaw.net In re Donald Kelly Bankr. D.N.J. Case No. 26-12692 Chapter 11 Petition filed March 11, 2026 represented by: E. Richard Dressel, Esq. LEX NOVA LAW, LLC Email: rdressel@lexnovalaw.com In re Polykup Inc Bankr. D.N.J. Case No. 26-12672 Chapter 11 Petition filed March 11, 2026 See https://www.pacermonitor.com/view/VQLNQJA/Polykup_Inc__njbke-26-12672__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Gatekeeper Security Solutions, LLC Bankr. D.N.H. Case No. 26-10215 Chapter 11 Petition filed March 11, 2026 See https://www.pacermonitor.com/view/KGJTCRI/Gatekeeper_Security_Solutions__nhbke-26-10215__0001.0.pdf?mcid=tGE4TAMA represented by: Michael B. Fisher, Esq. FISHER LAW OFFICES, PLLC E-mail: fisher@mbfisherlaw.com In re Margaret B. Sureck Bankr. N.D. Ohio Case No. 26-50383 Chapter 11 Petition filed March 11, 2026 represented by: Peter G. Tsarnas, Esq. GERTZ & ROSEN, LTD. Email: ptsarnas@gertzrosen.com In re Siempre Nunca LLC Bankr. D.P.R. Case No. 26-01040 Chapter 11 Petition filed March 11, 2026 See https://www.pacermonitor.com/view/2SOQXSA/SIEMPRE_NUNCA_LLC__prbke-26-01040__0001.0.pdf?mcid=tGE4TAMA represented by: Javier Vilarino, Esq. VILARINO AND ASSOCIATES LLC E-mail: jvilarino@vilarinolaw.com In re Olga Cristina Alexander Bankr. M.D. Fla. Case No. 26-01943 Chapter 11 Petition filed March 12, 2026 In re A Treme Management Bankr. E.D. La. Case No. 26-10549 Chapter 11 Petition filed March 12, 2026 See https://www.pacermonitor.com/view/5AZBGUI/A_Treme_Management__laebke-26-10549__0001.0.pdf?mcid=tGE4TAMA represented by: Derek Russ, Esq. BANKRUPTCY CENTER OF LOUISIANA E-mail: russlawfirmllc@gmail.com In re Richard James Carlton and Heidi Christine Lichtenberg Bankr. D. Md. Case No. 26-12614 Chapter 11 Petition filed March 12, 2026 represented by: Augustus Curtis, Esq. In re Ellada Fattah Bankr. E.D.N.Y. Case No. 26-41199 Chapter 11 Petition filed March 12, 2026 represented by: Alla Kachan, Esq. In re Wantita LLC Bankr. S.D.N.Y. Case No. 26-10527 Chapter 11 Petition filed March 12, 2026 See https://www.pacermonitor.com/view/IYC56LI/Wantita_LLC__nysbke-26-10527__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Varadero Sea Food & Cuban Cuisine LLC Bankr. D.P.R. Case No. 26-01052 Chapter 11 Petition filed March 12, 2026 See https://www.pacermonitor.com/view/J36QN2A/VARADERO_SEA_FOOD__CUBAN_CUISINE__prbke-26-01052__0001.0.pdf?mcid=tGE4TAMA represented by: Homel Mercado Justiniano, Esq. HOMEL MERCADO JUSTINIANO E-mail: hmjlaw2@gmail.com In re Edward Brian Brown Bankr. M.D. Tenn. Case No. 26-01143 Chapter 11 Petition filed March 12, 2026 represented by: Robert Gonzales, Esq. EMERGELAW, PLC Email: robert@emerge.law In re Ryan Alexander Unger Bankr. E.D. Tenn. Case No. 26-30443 Chapter 11 Petition filed March 12, 2026 represented by: Maurice Guinn, Esq. GENTRY, TIPTON & MCLEMORE, P.C. Email: mkg@tennlaw.com In re CMN Group LLC Bankr. E.D. Va. Case No. 26-10602 Chapter 11 Petition filed March 12, 2026 See https://www.pacermonitor.com/view/6NY53SA/CMN_Group_LLC__vaebke-26-10602__0001.0.pdf?mcid=tGE4TAMA represented by: John P. Forest, II, Esq. LAW OFFICE OF JOHN P. FOREST, II E-mail: j.forest@stahlzelloe.com In re Moon Property Management LLC Bankr. W.D. Wisc. Case No. 26-10526 Chapter 11 Petition filed March 12, 2026 See https://www.pacermonitor.com/view/I5BPVII/Moon_Property_Management_LLC__wiwbke-26-10526__0001.0.pdf?mcid=tGE4TAMA represented by: Noah T. Rusch, Esq. KREKELER LAW, S.C. Email: Nrusch@ks-lawfirm.com In re Christopher Freeman and Danielle Freeman Bankr. W.D. Ark. Case No. 26-70452 Chapter 11 Petition filed March 13, 2026 represented by: Stanley Bond, Esq. In re Zara Rezai Bankr. C.D. Cal. Case No. 26-10790 Chapter 11 Petition filed March 13, 2026 In re One Hour House Solutions, LLC Bankr. M.D. Fla. Case No. 26-01983 Chapter 11 Petition filed March 13, 2026 See https://www.pacermonitor.com/view/MOURYMA/One_Hour_House_Solutions_LLC__flmbke-26-01983__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re USA Medical Care, LLC Bankr. M.D. Fla. Case No. 26-01786 Chapter 11 Petition filed March 13, 2026 See https://www.pacermonitor.com/view/OEPRHZQ/USA_Medical_Care_LLC__flmbke-26-01786__0001.0.pdf?mcid=tGE4TAMA represented by: Andres Robles Cruz, Esq. ROBLES CRUZ LAW, P.A. Email: arc@roblescruzlaw.com In re 850 Auto Detailing and Powerwashing, Inc. Bankr. N.D. Fla. Case No. 26-40149 Chapter 11 Petition filed March 13, 2026 See https://www.pacermonitor.com/view/IM2ESOA/850_Auto_Detailing_and_Powerwashing__flnbke-26-40149__0001.0.pdf?mcid=tGE4TAMA represented by: Byron W. Wright III, Esq. BRUNER WRIGHT, P.A. Email: twright@brunerwright.com In re Michael Lee Pevey, II Bankr. N.D. Fla. Case No. 26-40150 Chapter 11 Petition filed March 13, 2026 represented by: Robert Bruner, Esq. In re Nevena Batachka Bankr. N.D. Ill. Case No. 26-04539 Chapter 11 Petition filed March 13, 2026 represented by: David Freydin, Esq. In re G & R Systems, LLC Bankr. D.N.J. Case No. 26-12779 Chapter 11 Petition filed March 13, 2026 See https://www.pacermonitor.com/view/IQPRSAA/G__R_Systems_LLC__njbke-26-12779__0001.0.pdf?mcid=tGE4TAMA represented by: Melinda Middlebrooks, Esq. MIDDLEBROOKS SHAPIRO, P.C. Email: middlebrooks@middlebrooksshapiro.com In re Joy-CPW, Inc. Bankr. S.D.N.Y. Case No. 26-10543 Chapter 11 Petition filed March 13, 2026 See https://www.pacermonitor.com/view/JMLTRIY/Joy-CPW_Inc__nysbke-26-10543__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re JMJ Films, Inc. Bankr. S.D.N.Y. Case No. 26-10541 Chapter 11 Petition filed March 13, 2026 See https://www.pacermonitor.com/view/CRVHBYI/JMJ_Films_Inc__nysbke-26-10541__0001.0.pdf?mcid=tGE4TAMA represented by: Gary C. Fischoff, Esq. BFSNG LAW GROUP, LLP Email: gfischoff@bfslawfirm.com In re Advance Chimney Sweeps, Inc. Bankr. W.D. Pa. Case No. 26-20707 Chapter 11 Petition filed March 13, 2026 See https://www.pacermonitor.com/view/BMK4AJA/Advance_Chimney_Sweeps_Inc__pawbke-26-20707__0001.0.pdf?mcid=tGE4TAMA represented by: Edgardo D. Santillan, Esq. SANTILLAN LAW, PC Email: ed@santillanlaw.com In re Heights Partners Realty Group LLC Bankr. S.D. Tex. Case No. 26-31675 Chapter 11 Petition filed March 13, 2026 See https://www.pacermonitor.com/view/PGJKBPI/Heights_Partners_Realty_Group__txsbke-26-31675__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Wolke Chiropractic & Rehabilitation, PC Bankr. D.N.J. Case No. 26-12831 Chapter 11 Petition filed March 15, 2026 See https://www.pacermonitor.com/view/Q5EUL7A/WOLKE_CHIROPRACTIC__REHABILITATION__njbke-26-12831__0001.0.pdf?mcid=tGE4TAMA represented by: Scott J Goldstein, Esq. LAW OFFICES OF WENARSKY & GOLDSTEIN LLC Email: scott@wg-attorneys.com In re Get 20 Holdings, LLC Bankr. S.D. Ala. Case No. 26-10722 Chapter 11 Petition filed March 16, 2026 See https://www.pacermonitor.com/view/ZNSHI6A/Get_20_Holdings_LLC__alsbke-26-10722__0001.0.pdf?mcid=tGE4TAMA represented by: Barry A Friedman, Esq. BARRY A. FRIEDMAN & ASSOCIATES, PC Email: bky@bafmobile.com In re Henry Fordham and Cheryl Fordham Bankr. S.D. Fla. Case No. 26-13175 Chapter 11 Petition filed March 16, 2026 represented by: Jordan Rappaport, Esq. In re Keoni Kennedy Maiwela and Ruth Evangeline Maiwela Bankr. D. Hawaii Case No. 26-00218 Chapter 11 Petition filed March 16, 2026 In re Superpsyched LLC Bankr. N.D. Ind. Case No. 26-20500 Chapter 11 Petition filed March 16, 2026 See https://www.pacermonitor.com/view/IKRTNYI/Superpsyched_LLC__innbke-26-20500__0001.0.pdf?mcid=tGE4TAMA represented by: Sheila Ramacci, Esq. DANIEL L. FREELAND & ASSOCIATES, P.C. Email: sar4198@aol.com In re Byron's Kitchen Incorporated Bankr. N.D. Ill. Case No. 26-04600 Chapter 11 Petition filed March 16, 2026 See https://www.pacermonitor.com/view/RWE3MYA/Byrons_Kitchen_Inc__ilnbke-26-04600__0001.0.pdf?mcid=tGE4TAMA represented by: William E. Jamison, Jr., Esq. WILLIAM E. JAMISON & ASSOCIATES Email: wjami39246@aol.com In re Byron's Hot Dog, Inc. Bankr. N.D. Ill. Case No. 26-04589 Chapter 11 Petition filed March 16, 2026 See https://www.pacermonitor.com/view/KFPZZJI/William_Jamison_Jamison__ilnbke-26-04589__0002.0.pdf?mcid=tGE4TAMA represented by: William E. Jamison, Esq. WILLIAM E. JAMISON & ASSOCIATES Email: wjami39246@aol.com In re Sudoxe, LLC Bankr. D. Md. Case No. 26-12745 Chapter 11 Petition filed March 16, 2026 See https://www.pacermonitor.com/view/CAJJC7A/Sudoxe_LLC__mdbke-26-12745__0001.0.pdf?mcid=tGE4TAMA represented by: Brett Weiss, Esq. THE WEISS LAW GROUP Email: brett@BankruptcyLawMaryland.com In re Michael Sweigart Bankr. D.N.J. Case No. 26-12846 Chapter 11 Petition filed March 16, 2026 represented by: Brian Hofmeister, Esq. BRIAN W. HOFMEISTER, LLC In re 42 Kinney Street Corp. Bankr. S.D.N.Y. Case No. 26-22265 Chapter 11 Petition filed March 16, 2026 See https://www.pacermonitor.com/view/CAXKITY/42_Kinney_Street_Corp__nysbke-26-22265__0001.0.pdf?mcid=tGE4TAMA In re Augie's Italian Restaurant Corp. Bankr. S.D.N.Y. Case No. 26-22267 Chapter 11 Petition filed March 16, 2026 See https://www.pacermonitor.com/view/B5LGNQI/Augies_Italian_Restaurant_Corp__nysbke-26-22267__0001.0.pdf?mcid=tGE4TAMA represented by: H Bruce Bronson, Esq. BRONSON LAW OFFICES PC Email: hbbronson@bronsonlaw.net In re 547 Duncan LLC Bankr. E.D. Va. Case No. 26-10621 Chapter 11 Petition filed March 16, 2026 See https://www.pacermonitor.com/view/22VJZAI/547_Duncan_LLC__vaebke-26-10621__0001.0.pdf?mcid=tGE4TAMA represented by: David C. Jones, Jr., Esq. LAW OFFICE OF DAVID C. JONES, JR. Email: davidcjonesjr@gmail.com In re Stacey Ann Wharam Bankr. E.D. Va. Case No. 26-10626 Chapter 11 Petition filed March 16, 2026 represented by: Jonathan Vivona, Esq. In re Force Seven, Inc Bankr. E.D.N.Y. Case No. 26-41247 Chapter 11 Petition filed March 17, 2026 See https://www.pacermonitor.com/view/NGGSNPY/Force_Seven_Inc__nyebke-26-41247__0001.0.pdf?mcid=tGE4TAMA Filed Pro Se In re Richard Duane Rushing and Melina Rose Rushing Bankr. W.D. Tenn. Case No. 26-10380 Chapter 11 Petition filed March 17, 2026 represented by: C. Jerome Teel Jr., Esq. In re CCS Holding, LLC Bankr. S.D. Tex. Case No. 26-90398 Chapter 11 Petition filed March 17, 2026 See https://www.pacermonitor.com/view/SZRBIIQ/CCS_Holding_LLC__txsbke-26-90398__0001.0.pdf?mcid=tGE4TAMA represented by: Arsalan Muhammad, Esq. 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