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

              Friday, March 27, 2026, Vol. 30, No. 86

                            Headlines

190 EAST: Commences Chapter 7 Bankruptcy in New York
196 HOLLIS: Seeks to Extend Plan Exclusivity to July 20
2BESTMATES ENTERPRISE: Seeks Chapter 7 Bankruptcy in Arizona
400 SOUTH BOSTON: Gets Interim OK to Use Cash Collateral
41-24 ASSOCIATES: Seeks Chapter 11 Bankruptcy in New York

5 STAR HOME: Hires Tax Ninja LLC as Tax Professionals
50FLOOR LLC: TPG Twin Brook Marks $214,000 1L Loan at 58% Off
57 CONCRETE: Seeks to Extend Plan Exclusivity to Dec. 18
64 OFFALY: Seeks Chapter 7 Bankruptcy in New York
700 17TH STREET: Amends Unsecureds & Secured Claims Pay

911 RESTORATION SERVICE: Gets OK to Use Cash Collateral
ABSOLUTE DEFENSE: Seeks to Extend Plan Exclusivity to June 15
ADVANCE SPECIALTY: Seeks to Hire Raymond H. Aver as Counsel
ADVANCE TRANSIT: Unsecured Creditors to be Paid in Full in Plan
ADVANCED REHABILITATION: Gets Extension to Access Cash Collateral

AFC-DELL HOLDING: TPG Twin Brook Marks $2.5M 1L Loan at 21% Off
AIRPRO DIAGNOSTICS: TPG Twin Virtually Writes Off $3.1MM 1L Loan
ALEON METALS: Seeks to Extend Plan Exclusivity to May 15
ALVARADO INVESTMENT: Hires Anyama Law Firm as Counsel
AMN HEALTHCARE: Moody's Alters Outlook on 'Ba3' CFR to Stable

ANGEL'S PARADISE: Hires Shirley A. Langley CPA as Accountant
APTITUDE HEALTH: TPG Twin Marks $267,000 1L Loan at 84% Off
ARC HEALTH: TPG Twin Brook Marks $13.7M 1L Loan at 78% Off
ARKHAM REALTY: Hires Calaiaro Valencik as Legal Counsel
ARTSTOCK: Hires Caron Bletzer PLLC as ESOP Auditor

ARTSTOCK: Hires Royer P.A. as Accountant and Tax Advisor
ASC ORTHO: TPG Twin Brook Marks $521,000 1L Loan at 81% Off
ASCEND PLASTIC: TPG Twin Brook Marks $20.2M 1L Loan at 77% Off
ASCENT CLASSICAL: S&P Assigns 'BB' Rating on 2026A-B Revenue Bonds
AXIP ENERGY: Hires Evercore Group LLC as Investment Banker

AXIP ENERGY: Hires Mr. Chester of Ankura Consulting as CRO
AXIP ENERGY: Hires Vinson & Elkins LLP as Legal Counsel
B&K UNITED: Seeks Chapter 7 Bankruptcy in Arkansas
BERRY CAPITAL: Court OKs Farm Equipment Sale at Auction
BESTWALL LLC: Weiss Loses Bid for Automatic Stay Relief

BLUE STAR: Hires Sorokac Law Office as Special Counsel
BPCP WLF INTERMEDCO: TPG Twin Marks $7.6MM 1L Loan at 77% Off
BRAND ARMY: Hires Levene Neale Bender Legal Counsel
BRD LAND: Seeks to Hire GreerWalker LLP as Financial Advisor
BUILD BAYTOWN: City of Baytown Loses Bid to Dismiss Adversary Case

CANADIAN ORTHODONTIC: TPG Twin Marks $264,000 1L Loan at 80% Off
CANADIAN ORTHODONTIC: TPG Twin Marks CAD$101K 1L Loan at 80% Off
CANADIAN ORTHODONTIC: TPG Twin Marks CAD$151,000 1L Loan at 73% Off
CAP KSI: TPG Twin Brook Marks $7.1M 1L Loan at 61% Off
CENTURI HOLDINGS: S&P Assigns 'BB-' Rating on $616MM Term Loan B

CHAD PRICE FARMS: Commences Chapter 12 Bankruptcy in Arkansas
CHILDREN'S HEALTH: Hires Geno and Steiskal PLLC as Counsel
CHINO CENTRAL: Case Summary & 12 Unsecured Creditors
CHURCH HOME: Fitch Alters Outlook on 'BB' LongTerm IDR to Positive
CIBUS INC: Reports $132.2MM Net Loss in FY2025; Going Concern Stays

CICC & SONS: Seeks to Hire Calaiaro Valencik as Counsel
CIG MM: Voluntary Chapter 11 Case Summary
COSMETIC SOLUTIONS: TPG Twin Brook Marks $1.5MM 1L Loan at 56% Off
CROWN BOILER: Hires Nottingham Group as Chief Liquidation Officer
CURIS INC: Stockholders OK Share Increase, 2026 Incentive Plan

CUSTOM AGRONOMICS: TPG Twin Brook Marks $2.9M 1L Loan at 76% Off
CYPRESSWOOD TX: Hires Williams Mullen as Special Counsel
DARE BIOSCIENCE: Issues 43,050 Investor Units in Reg A Offering
DCA OUTDOOR: Seeks to Hire Forvis Mazars as Accountants
DEL RAY II: Case Summary & Six Unsecured Creditors

DELANI CONSTRUCTION: Gets Interim OK to Use Cash Collateral
DONNA DISHER: Seeks to Hire Steidl and Steinberg PC as Counsel
DP LOUISIANA: Court Extends Cash Collateral Access to April 9
DYKSTRAS AUTO: TPG Twin Brook Marks $1.9MM 1L Loan at 78% Off
EDDIE BAUER: Hires Stretto Inc. as Administrative Advisor

EDDIE BAUER: Seeks to Hire Cole Schotz P.C. as Counsel
EDDIE BAUER: Seeks to Hire GBH SOLIC Holdco as Investment Banker
EDDIE BAUER: Seeks to Hire Kirkland & Ellis as Counsel
ELANCO ANIMAL: Moody's Alters Outlook on 'Ba2' CFR to Positive
EMC GLOBAL: Case Summary & Five Unsecured Creditors

ENDO INT'L: Pre-Filing Injunction Against PI Claimant Okayed
ENDODONTIC PRACTICE: TPG Twin Brook Marks $1.9MM 1L Loan at 61% Off
FAT BRANDS: Committee Hires Paul Hastings LLP as Counsel
FAT BRANDS: Gets Interim OK for DIP Financing From UMB Bank
FINCH THERAPEUTICS: Seeks to Sell Therapeutics Biz at Auction

FLEXACAR LLC: Conversion of Bankruptcy Case to Chapter 7 Affirmed
FLEXACAR LLC: Court Tosses Bayramov Appeal in ACA Claim Dispute
FLOOF LLC: Court OKs Continued Use of Cash Collateral
GATEKEEPER SECURITY: Stephen Darr Named Subchapter V Trustee
GENESIS HEALTHCARE: Negligence Claimants Oppose $6.5MM Bonus Plan

GEORGES REALTY: To Sell Belmont Property to Lisa & Nick Therrien
GURU HOLDING: Hires Backenroth Frankel & Krinsky as Counsel
H2 HOLDCO: TPG Twin Brook Marks $18.8MM 1L Loan at 25% Off
HARLEY EXTERIORS: TPG Twin Brook Marks $3.9MM 1L Loan at 30% Off
HCH PROPERTY: Hires Bankruptcy Center as Legal Counsel

HELPWARE INC: TPG Twin Brook Marks $5MM 1L Loan at 35% Off
HILLCREST VENTURES: Royal Business Bank Wins Bid for Automatic Stay
HLSG INTERMEDIATE: TPG Twin Brook Marks $2.8MM 1L Loan at 64% Off
HNO INTERNATIONAL: Signs Securities Purchase Deal With CFI Capital
HOPEMAN BROTHERS: Disallowance of Liberty's Claim Affirmed in Part

HOT CRETE: Cain & Skarnulis Advises Defective Pool Claimants
HULTEC BUYER: TPG Twin Brook Marks $3.9M 1L Loan at 20% Off
HYDROMAX USA: TPG Twin Brook Marks $228,000 1L Loan at 61% Off
INNOVATIVE FLEXPAK: TPG Twin Brook Marks $2.6MM 1L Loan at 54% Off
INNOVATIVE FLEXPAK: TPG Twin Marks $896,000 1L Loan at 54% Off

INTREPID LLC: Claims to be Paid from $300K Distribution Fund
ISSA LLC: TPG Twin Brook Marks $131, 000 1L Loan at 71% Off
J PRICE FARMS: Seeks Chapter 12 Bankruptcy in Arkansas
JTRE 14 VESEY: Seeks to Sell New York Property at Auction
JUNIPER LANDSCAPING: TPG Twin Brook Marks $8M 1L Loan at 76% Off

KAIZEN AUTO: TPG Twin Brook Marks $152K 1L Loan at 31% Off
KESKIN INC: 120-Day Extension for Plan Filing Granted
KRITOPHER DAVID PAWLAK: Transfer of Real Property Avoidable
KUBERA HOTEL: Hires Bowman Post Group Hotel Brokerage as Broker
KWALU LLC: TPG Twin Brook Marks $5.1M 1L Loan at 67% Off

LARA FAMILY: Seeks to Hire Salitore Law PLLC as Counsel
LAWN CARE: TPG Twin Brook Marks $13.9M 1L Loan at 33% Off
LEADERSHIP INC: Seeks to Hire Jones & Walden LLC as Counsel
LEHMAN PIPE: TPG Twin Brook Marks $5.4MM 1L Loan at 72% Off
LIA HOSPITALITY: Case Summary & Nine Unsecured Creditors

LILA KATE: Seeks to Hire Bush Law Firm LLC as Counsel
LITTLE MINT: Ivey McClellan Advises Alliance Funding & Leaf Capital
LIVECONNECTIONS.ORG: Hires Ciardi Ciardi & Astin as Counsel
LOAD ONE: TPG Twin Brook Virtually Writes Off $3.5MM 1L Loan
LOBO INVESTMENTS: Hires Anyama Law Firm as Bankruptcy Counsel

LSB INDUSTRIES: S&P Raises ICR to 'B+' on Operational Improvement
LUCERO LLC: Seeks to Hire Belvedere Legal as Legal Counsel
LUCY COOPER: Gets Extension to Use Cash Collateral
LYCRA COMPANY: Gets Interim OK for DIP Financing From GLAS
MAD DUMPLINGS: Hires Tang & Associates as Bankruptcy Counsel

MADIJAC LLC: Gets Interim OK to Use Cash Collateral Until April 16
MAINE DENTISTRY: Unsecureds to Get Share of Income for 36 Months
MAJORDRIVE HOLDINGS: Moody's Cuts CFR to Caa1 & Term Loans to B3
MARC CAMPBELL: Beverly Brister Named Subchapter V Trustee
MARS FX US: Case Summary & 20 Largest Unsecured Creditors

MARTIN DISPOSAL: Case Summary & 10 Unsecured Creditors
MARVIN GARDENS: Property Income & Contributions to Fund Plan
MATIV HOLDINGS: Moody's Affirms B2 CFR, Rates New Term Loan Ba3
MERLIN BUYER: Moody's Rates New Secured First Lien Loans 'B3'
MIC MANAGEMENT: Voluntary Chapter 11 Case Summary

MIGHTY LEASE: Seeks to Hire Berel CPA PLLC as Accountant
MORE OPPORTUNITY: Gets OK to Use Cash Collateral
MOUNTAIN REGIONAL: Seeks to Hire Tanner LLP as Accountant
MP COMPLETE: Case Summary & Nine Unsecured Creditors
MULTI-COLOR CORP: Cross-Holders Lose Bid to Dismiss Bankruptcy Case

NB MOUNTAIN: Trustee Hires Holsinger P.C. as Tax Advisor
NEFCO HOLDING: TPG Twin Brook Marks $7.2MM 1L Loan at 66% Off
NEW FORTRESS: Moody's Affirms 'Ca' CFR & Alters Outlook to Stable
NEW FORTRESS: Says Prior Financial Statements Unreliable
NEWPORT CAPITAL: Commences Chapter 7 Bankruptcy in California

NOBLE CORP: S&P Affirms 'BB-' Issuer Credit Rating, Outlook Stable
NORTH COUNTY: Hires Financial Relief Law as Bankruptcy Counsel
NRPF GROUP: Case Summary & 30 Largest Unsecured Creditors
OCEAN POWER: Fiscal Q3 Loss Widens to $11.4MM, Warns of Cash Crunch
OUACHITA COUNTY MEDICAL: Seeks Chapter 11 Bankruptcy in Arkansas

P1 DENTAL: TPG Twin Brook Marks $1.5MM 1L Loan at 61% Off
PARKERVISION: Liabilities Exceed Assets by US$45.1MM at Dec. 31
PATRIOT DSP: Gets Interim OK to Use Cash Collateral
POINT CLEAR: Hires Bellator Real Estate Fairhope as Broker
PREMIER EARLY: TPG Twin Brook Marks $8.4M 1L Loan at 24% Off

PRO CARPENTRY: Hires Schafer and Weiner as Bankruptcy Counsel
PRO CARPENTRY: Mark Shapiro Named Subchapter V Trustee
PRO RACKING: Case Summary & 10 Unsecured Creditors
PROPERTY RESTORATION: Court OKs Initial $92,000 DIP Loan
PROTRADE LOGISTICS: Seeks to Sell Logistics Business to Highest Bid

PSCD TRINITY: Gets Interim OK to Use Cash Collateral
PUERTO RICO: Dechert Represents Ad Hoc Group of Bondholders
PURPOSE HOME: TPG Twin Brook Marks $9.1M 1L Loan at 89% Off
QUALITY LIAISON: TPG Twin Brook Marks $1.6MM 1L Loan at 57% Off
RAPID RAPID: Commences Chapter 11 Bankruptcy in Arizona

RED RIVER: Amici Asks Court to Clarify Goldman Class Cert. Ruling
RELIZ TECHNOLOGY: Gets Interim OK to Use Cash Collateral
RENOVATION SYSTEMS: TPG Twin Brook Marks $3.5 1L Loan at 38% Off
RENTAL EQUIPMENT: TPG Twin Brook Marks $7.9MM 1L Loan at 67% Off
ROSE PAVING: TPG Twin Brook Marks $8.6MM 1L Loan at 40% Off

RURAL CONNECT: Hires Law Office of Thomas H. Strawn as Counsel
S&J DATA TECHNOLOGIES: Gets Extension to Access Cash Collateral
SAGE DENTAL: TPG Twin Brook Marks $8.2M 1L Loan at 84% Off
SAIG LAUNDRY: Files Emergency Bid to Use Cash Collateral
SALT AND LIME: Enters Chapter 11 Bankruptcy Proceeding in Arizona

SANCHO LOCO: Has Deal on Cash Collateral Access
SANTA FE: Hires Robinson Burdette Martin as Accountant
SANTIN AUTO: Court Orders Appointment of Chapter 11 Trustee
SECTION 119: Eric Huebscher Named Subchapter V Trustee
SECTION 119: Seeks to Tap Whiteman Osterman & Hanna as Counsel

SERENADE NEWPORT: Files Amendment to Disclosure Statement
SIGNATURE MD: TPG Twin Brook Marks $6.9MM 1L Loan at 29% Off
SILVER FALLS: TPG Twin Brook Marks $1.5MM 1L Loan at 71% Off
SILVERROCK DEVELOPMENT: Unsecureds' Recovery "TBD" in Plan
SOLON CORPORATION: Case Summary & 20 Largest Unsecured Creditors

SOUTHERN ORTHODONTIC: TPG Twin Marks $8.2MM 1L Loan at 57% Off
SP TRANS: Case Summary & 11 Unsecured Creditors
SPARHAWK LLC: Affiliates Seek Cash Collateral Access, DIP Loan
SPEAR EDUCATION: TPG Twin Brook Marks $7.29M 1L Loan at 53% Off
SPECTRUM SOLUTIONS: TPG Twin Marks $644,000 1L Loan at 86% Off

SRB AERIAL: Case Summary & Four Unsecured Creditors
STAR DENTAL: TPG Twin Brook Marks $1.4M 1L Loan at 41% Off
STAR DENTAL: TPG Twin Brook Marks $12M 1L Loan at 50% Off
STARWEST BOTANICALS: TPG Twin Marks $174,000 1L Loan at 18% Off
SUGARBUSH ARMORY: Case Summary & Seven Unsecured Creditors

SUMMIT MIDSTREAM: New Term Loan No Impact on Moody's 'B2' CFR
SUPERIOR FAMILY: G. Matt Barberich Named Subchapter V Trustee
SUPERIOR FAMILY: Hires Wiesner & Frackowiak LC as Counsel
SWIFTSHIPS LLC: Gets Interim OK to Use Cash Collateral
SWJ AUTOMOTIVE: Court OKs Vehicle Sale to James Downs for $3,500

SYNERGY MANUAL: Hires Waugh & Goodwin LLC as Counsel
TEZCAT LLC: Gets Extension to Access Cash Collateral
TREE LANE: Updates Unsecured Claims Pay Details
TRI CITY HOTELS: Gets Interim OK to Use Cash Collateral
TRI-STATE ASPHALT: Commences Chapter 7 Bankruptcy in Arkansas

TRIMONT ENERGY GIB: Gets Extension to Access Cash Collateral
TRIMONT ENERGY LIMITED: Gets Extension to Access Cash Collateral
TRIMONT ENERGY NOW: Gets Extension to Access Cash Collateral
TV AZTECA: B.N.Y. Mellon Can File Summary Judgment Motion
UNLIMITED DELIVERIES: Hires Berel CPA PLLC as Accountant

US ANCHORS: TPG Twin Brook Virtually Writes Off $4.3M 1L Loan
VANGUARD PACKAGING: TPG Twin Brook Marks $4.4MM 1L Loan at 67% Off
VARSOBIA HOME CARE: Starts Chapter 7 Bankruptcy in California
VERIFONE SYSTEMS: Fitch Affirms 'B-' LongTerm IDR, Outlook Stable
VIA MIZNER: Seeks to Extend Plan Exclusivity to June 22

W. JACKSON TRUCKING: Sec. 341(a) Meeting of Creditors on April 30
WEBSTER ETC: Hires Genevieve Graham as Bankruptcy Counsel
WEBSTER ETC: Hires MBR Advisors LLC as Financial Advisor
WEBSTER ETC: Hires Mr. Shulse of Chart Capital as CRO
WESTLAKE SENIOR: Has Deal on Cash Collateral Access

WESTMINSTER CRACKER: TPG Twin Brook Marks $1.5MM 1L Loan at 85% Off
WHITNEY OIL & GAS: Gets Extension to Access Cash Collateral
WILSON & ASSOCIATES: Seeks to Hire Geri Lyons Chase as Counsel
WINDANCE WATER: Hearing Today on Bid to Use Cash Collateral
WOLKE CHIROPRACTIC: Gets Interim OK to Use Cash Collateral

X4 PHARMA: Widens 2025 Loss to $79.2MM; Cash Sufficient into 2028
XANDRIA HOLDINGS: Aleida Martinez Molina Named Subchapter V Trustee
ZAHRCO ENTERPRISES: Hires Samuel A. Rupert P.A as Appraiser
ZIPRECRUITER INC: Fitch Lowers LongTerm IDR to 'B-', Outlook Neg.
ZIVIEA INC: Seeks to Hire Latham Luna Eden as Counsel

[^] BOOK REVIEW: Black Monday

                            *********

190 EAST: Commences Chapter 7 Bankruptcy in New York
----------------------------------------------------
On March 19, 2026, 190 East 31st Street Alliance LLC filed for
Chapter 7 protection in the U.S. Bankruptcy Court for the Eastern
District of New York. According to the court filing, the debtor
reports between $1 million and $10 million in debt owed to 1–49
creditors.

             About 190 East 31st Street Alliance LLC

190 East 31st Street Alliance LLC sought relief under Chapter 7 of
the U.S. Bankruptcy Code (Bankr. E.D.N.Y. Case No. 26-41295) on
March 19, 2026. In its petition, the debtor reports estimated
assets between $1 million and $10 million and estimated liabilities
between $1 million and $10 million.

Honorable Bankruptcy Judge Jil Mazer-Marino handles the case.

The Debtor is represented by Narissa A. Joseph, Esq.


196 HOLLIS: Seeks to Extend Plan Exclusivity to July 20
-------------------------------------------------------
196 Hollis Inc. asked the U.S. Bankruptcy Court for the Eastern
District of New York to extend its exclusivity periods to file a
plan of reorganization and disclosure statement to July 20, 2026.

In the instant case, the circumstances that led to the Debtor's
Chapter 11 filing were to engage in a loss mitigation process with
the lender regarding the property located at 100-27 196th Street,
Jamaica, NY 11423.

The Debtor explains that it needs additional time to modify the
mortgage terms, to obtain Court approval for the modified terms and
thereafter to file a plan of reorganization and disclosure
statement, offering treatment to the main and other remaining
creditors of the estate.

The Debtor claims that it is self-evident that the company is not
seeking these extensions to artificially delay the conclusion of
this chapter 11 case or to hold creditors hostage to an
unsatisfactory plan proposal. The Debtor simply needs to modify the
mortgage terms with respect to the property located at 100-27 196th
Street, Jamaica, NY 11423 and thereafter to file a plan of
reorganization and disclosure statement, offering treatment to the
main and other remaining creditors of the estate.

The Debtor asserts that the requested extensions of the time period
to file a plan will not harm any economic stakeholder. Rather, the
time will be used to resolve a claim by Grand Bank N.A. Moreover,
should any events occur or there be a significant change in
circumstances, a party in interest may move to reduce the time
period to file a plan.

196 Hollis Inc is represented by:
   
     Alla Kachan, Esq.
     Law Offices of Alla Kachan, P.C.
     2799 Coney Island Avenue, Suite 202
     Brooklyn, NY 11235
     Telephone: (718) 513-3145

                       About 196 Hollis Inc.

196 Hollis Inc., filed a Chapter 11 bankruptcy petition (Bankr.
E.D.N.Y. Case No. 1-25-44544) on Sept. 22, 2025.  The Debtor tapped
the Law Offices of Alla Kachan as counsel.


2BESTMATES ENTERPRISE: Seeks Chapter 7 Bankruptcy in Arizona
------------------------------------------------------------
On March 18, 2026, 2BestMates Enterprise, Inc. filed for Chapter 7
protection in the U.S. Bankruptcy Court for the District of
Arizona. According to the court filing, the debtor reports between
$100,001 and $1,000,000 in debt owed to 1–49 creditors.

               About 2BestMates Enterprise, Inc.

2BestMates Enterprise, Inc. sought relief under Chapter 7 of the
U.S. Bankruptcy Code (Bankr. D. Ariz. Case No. 26-02494) on March
18, 2026. In its petition, the debtor reports estimated assets
between $0 and $100,000 and estimated liabilities between $100,001
and $1,000,000.

Honorable Bankruptcy Judge Daniel P. Collins handles the case.

The debtor is represented by M. Preston Gardner, Esq. of Davis
Miles, PLLC.


400 SOUTH BOSTON: Gets Interim OK to Use Cash Collateral
--------------------------------------------------------
400 South Boston, LLC received interim approval from the U.S.
Bankruptcy Court for the Northern District of Oklahoma to use cash
collateral to fund operations.

Under the interim order, the Debtor is authorized to use cash
collateral for 45 days from March 23 or until further court order.


The Debtor intends to use its cash collateral for operating
expenses and "adequate protection" payments in accordance with its
budget, subject to a 10% variance.

The Debtor's cash collateral is held in bank accounts at Regent
Bank, over which the bank claims a pre-petition secured interest of
approximately $1,425,314, including an assignment of rents under a
June 2018 mortgage and UCC-1 filings in 2018 and 2024 covering
virtually all of the Debtor's property, equipment, accounts
receivable, management contracts, and business assets.

As protection, Regent Bank will be granted a replacement lien and a
superpriority administrative claim.

The order is available at https://is.gd/3g0yd2 from
PacerMonitor.com.

The final hearing is set for May 5.

Regent Bank, as secured creditor, is represented by:

   Mark A. Craige, Esq.
   Crowe & Dunlevy, A Professional Corporation
   222 North Detroit Avenue
   Suite 600
   Tulsa, OK 74120
   Phone: (918) 592-9800  
   Fax: (918) 592-9801
   mark.craige@crowedunlevy.com

                     About 400 South Boston LLC

400 South Boston, LLC is a privately held limited liability company
engaged in real estate ownership, investment, and property
management activities.

400 South Boston sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D. Okla. Case No. 26-10327) on March 5,
2026. In its petition, the Debtor reported between $500,001 and $1
million in both assets and liabilities.

Honorable Bankruptcy Judge Paul R. Thomas handles the case.

The Debtor is represented by Ron D. Brown, Esq.



41-24 ASSOCIATES: Seeks Chapter 11 Bankruptcy in New York
---------------------------------------------------------
On March 19, 2026, 41-24 Associates LLC filed for Chapter 11
protection in the U.S. Bankruptcy Court for the Eastern District of
New York. According to the court filing, the debtor reports between
$100,001 and $1,000,000 in debt owed to 1–49 creditors.

                    About 41-24 Associates LLC

41-24 Associates LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D.N.Y. Case No. 26-41307) on March 19,
2026. In its petition, the debtor reports estimated assets between
$100,001 and $1,000,000 and estimated liabilities between $100,001
and $1,000,000.

Honorable Bankruptcy Judge Jil Mazer-Marino handles the case.

The debtor is represented by Lawrence Morrison, Esq.


5 STAR HOME: Hires Tax Ninja LLC as Tax Professionals
-----------------------------------------------------
5 Star Home Care Inc. seeks approval from the U.S. Bankruptcy Court
for the District of South Carolina to employ Tax Ninja, LLC as tax
professionals.

The firm will prepare the Debtor's W-2s and 1099-NECs for the 2025
tax year.

The firm will be paid at $200 per year.

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

Yusuff Alabi-Ajidagba, a partner at Tax Ninja, LLC, disclosed in a
court filing that the firm is a "disinterested person" as the term
is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Yusuff Alabi-Ajidagba
     Tax Ninja, LLC
     2918 Avenue, Suite 5352
     Brooklyn, NY 11210
     Tel: (844) 366-1115

              About 5 Star Home Care Inc.

5 Star Home Care, Inc. filed a petition under Chapter 11,
Subchapter V of the Bankruptcy Code (Bankr. D.S.C. Case No.
25-04786) on December 4, 2025, with $100,001 to $500,000 in assets
and $500,001 to $1 million in liabilities. W. Harrison Penn serves
as Subchapter V trustee.

Judge Elisabetta Gm Gasparini presides over the case.

Christine E. Brimm, Esq., at Barton Brimm, PA represents the Debtor
as legal counsel.


50FLOOR LLC: TPG Twin Brook Marks $214,000 1L Loan at 58% Off
-------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $214,000 loan
extended to 50Floor, LLC to market at $89,000 or 42% of the
outstanding amount, according to TPG Twin Brook's 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to 50Floor, LLC. The 1L Loan
accrues interest at a rate of S + 3.00 %, 7.12 % per annum. The 1L
Loan matures on March 31, 2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

           About 50Floor, LLC

50Floor, LLC  offers a shop-at-home experience that lets customers
observe, touch and feel the various types of flooring options in
home.


57 CONCRETE: Seeks to Extend Plan Exclusivity to Dec. 18
--------------------------------------------------------
57 Concrete LLC asked the U.S. Bankruptcy Court for the Southern
District of Texas to extend its exclusivity periods to file a plan
of reorganization and obtain acceptance thereof to Dec. 18, 2026
and Feb. 16, 2027, respectively.

The Debtor explains that this case presents precisely the type of
complex capital structure that courts have recognized as warranting
additional time. The Debtor's secured obligations include tens of
millions of dollars owed to approximately 27 secured equipment
lenders, each operating under separate promissory notes and
security agreements with differing collateral packages, lien
priorities, and loan terms.

In addition to its equipment financing obligations, the Debtor's
accounts receivable are encumbered by a factoring arrangement and
four merchant cash advance facilities, creating overlapping and
potentially disputed liens on the Debtor's cash flow. Given the
number of secured creditors, the layered lien structure, the
related entity and guaranty obligations, and the ongoing tax audit,
the size and complexity of this case weigh strongly in favor of
extending the Exclusive Periods.

The Debtor claims that it requires additional time to complete
negotiations with its secured creditors and other stakeholders. The
Debtor's capital structure includes multiple secured lenders with
differing collateral packages, lien priorities, and contractual
rights. As a result, the Debtor anticipates that any chapter 11
plan will require separate classifications and potentially
differing treatment of secured claims depending on the nature and
priority of the collateral securing each creditor's claim.

The Debtor asserts that since the Petition Date, the Debtor has
worked to stabilize its operations and evaluate its capital
structure while engaging in ongoing discussions with its secured
lenders and other stakeholders regarding potential plan treatment.
The Debtor continues to monitor its financial performance through
rolling cash flow forecasts and is actively working with its
stakeholders to formulate a feasible restructuring strategy. These
efforts demonstrate that the Debtor have demonstrated has
reasonable prospects for filing a viable chapter 11 plan.

The Debtor further asserts that it is not seeking this extension to
leverage creditors or delay the reorganization process. This is the
Debtor's first request for an extension of the Exclusive Periods,
and the Debtor has consistently engaged with its creditors in good
faith. The Debtor has negotiated adequate protection arrangements
on a lender-by-lender basis, reflecting its commitment to a
consensual approach rather than imposing terms on creditors.

Moreover, conflict between creditors and a debtor does not
establish cause to deny an extension, as doing so would permit
litigious creditors to manufacture cause to shorten exclusivity
periods through their own unilateral actions. Terminating the
Exclusive Periods at this juncture would not facilitate moving this
case forward; rather, it would invite competing plan proposals,
increase administrative expenses, and disrupt the ongoing
negotiations that are central to the Debtor's restructuring
effort.

In addition, external factors affecting the Debtor's operations
remain uncertain, including fluctuations in diesel prices that
directly impact operating costs and labor availability within the
Debtor's industry. Given these operational and claims-resolution
contingencies, the Debtor believes it is prudent to remain in
chapter 11 while continuing to stabilize its business and complete
the restructuring process.

57 Concrete LLC is represented by:

     Charles M. Rubio, Esq.
     Parkins & Rubio, LLP
     Great Jones Building
     708 Main St, Fl 10
     Houston, TX 77002-3246
     Telephone: (212) 763-3331
     Email: crubio@parkinsrubio.com

                      About 57 Concrete LLC

57 Concrete LLC is a Texas-based concrete contracting company that
provides concrete construction services for residential,
commercial, and infrastructure projects. The company's operations
typically include concrete pouring, finishing, and related site
work for building and development projects across the region.

57 Concrete sought relief under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. S.D. Tex. Case No. 25-90818) on Dec. 19, 2025.  In its
petition, the Debtor reported assets ranging from $10 million to
$50 million and estimated liabilities in the same range.

Honorable Bankruptcy Judge Christopher M. Lopez presides over the
case.

The Debtor is represented by Charles Michael Rubio, Esq., and
Lenard M. Parkins, Esq., at Parkins & Rubio, LLP.

On January 26, 2026, the United States Trustee for the Southern
District of Texas appointed an official committee of unsecured
creditors in this Chapter 11 case. The committee tapped Grable
Martin PLLC as its counsel.


64 OFFALY: Seeks Chapter 7 Bankruptcy in New York
-------------------------------------------------
64 Offaly LLC filed for Chapter 7 bankruptcy protection in the U.S.
Bankruptcy Court for the Eastern District of New York on March 19,
2026. The voluntary petition was assigned case number 26-71089 and
is pending before the Honorable Louis A. Scarcella.

According to court filings, the Debtor reports estimated assets
ranging from $100,001 to $1,000,000 and liabilities within the same
range. The petition further indicates that the number of creditors
is between 1 and 49.

                     About 64 Offaly LLC

64 Offaly LLC is a limited liability company.

64 Offaly LLC sought relief under Chapter 7 of the U.S. Bankruptcy
Code (Bankr. Case No. 26-71089) on March 19, 2026. In its petition,
the Debtor reports estimated assets and liabilities each ranging
from $100,001 to $1,000,000, with a creditor body of 1–49
parties.

The Honorable Louis A. Scarcella is presiding over the case.


700 17TH STREET: Amends Unsecureds & Secured Claims Pay
-------------------------------------------------------
700 17th Street submitted a First Amended Disclosure Statement
describing First Amended Plan of Reorganization dated March 16,
2026.

The Debtor is a single-asset real estate entity whose sole asset
consists of the real property and improvements thereon located at
700 17th Street, Denver, Colorado 80202 (the "Property"), as well
the rental income it derives from the same.

The Debtor purchased the Property in 2016. It previously managed
the same through Toma West Management Corporation, a property
management company wholly owned by Kenneth Grant, who is also the
ultimate beneficial owner of the Debtor (by virtue of his ownership
of the parent entities of the Debtor). Toma West was formed in 2006
by Mr. Grant, who is a Norwegian investor seeking to invest in
Denver's commercial real estate industry.

Through Mr. Grant's guidance and an experienced team of employees,
Toma West oversees commercial investment and management activities
for multiple properties acquired in the United States through
private partnerships, with its primary focus on assisting with
acquisition and strategic repositioning of Class A office assets in
Denver, Colorado.

When negotiations did not result in any agreement with the Lender,
the Lender declared the loan in default and initiated foreclosure
proceedings in Arapahoe County, Colorado. In response, the Debtor
filed bankruptcy in an effort to save the Property and its
operations, and restructure its debts.

The Debtor's projections indicate an ability to pay Allowed
Unsecured Claims in Classes 2 and 3 in full through the Plan. The
projections also demonstrate the ability to pay the Secured
Creditor in Class 1, as well as the cure payments to executory
contracts in Classes 3, 4 and 5, plus administrative claims. The
Debtor's Property. Following Confirmation of

Class One consists of the secured portion of Lender's Allowed
Claim, which to the extent further necessary is deemed Allowed
herein, for purposes of treatment. On Feb. 10, 2026, the Lender
filed its Notice of Election Pursuant to Section 1111(b)(2) of the
Bankruptcy Code, wherein the Lender elected to have the entirety of
its claim treated as fully secured for the purposes of this Plan.
Under Section 1129(b), Lender must (a) receive deferred
“nominal” cash payments totaling their Allowed Total Claim
($23,308,319 according to Proof of Claim No. 6) and (b) the present
value of those payments must equal or exceed $6,895,664.

Accordingly, Lender’s Allowed Secured Claim shall remain fully
Secured against the Collateral. The Lender’s total Allowed Claim
shall be paid in 360 equal monthly installments of $48,218,
commencing on the 1st day of the month following the Effective
Date. The monthly installment amount is derived by using $6,895,664
as the present value of the Lender's Collateral using a discount
rate of 7%. The obligations owed to the Lender will continue to be
secured by the Collateral until the balance of the Lender's total
Allowed Claim has been paid in full.

Class Two consists of the Allowed Unsecured Claims against the
Debtor and the Claims that are deemed Allowed by a Final Order.
Class Two shall receive annual payments once per year on the
anniversary of the Confirmation Date over the Plan term of five
years from Debtor's Net Income in an amount not to exceed its
Allowed Claim, pro rata with Class Two. The Debtor shall pay a
minimum of $150,000 to Class 2 on the first anniversary and
$150,000 to Class 2 on the second anniversary of the Confirmation
Date. Payments shall only be made if there is Net Income available
as defined in the Plan.

Transwestern, as Receiver, shall cease to manage and operate the
Property, with Debtor retaking operations. The Debtor intends to
continue management of the Property and earning rental income
therefrom, which shall provide the income necessary to fund the
Plan, in addition to the New Value Payment from Atrium, funded by
Mr. Grant.

The Debtor will make monthly payments to Holders of Claims in
Classes One, Two, Three, Four, and Five as stated herein. The
Debtor's Net Income shall be used to pay Holders of Allowed
Unsecured Claims from the Plan Payment Fund to Holders of claims in
Class Two, which shall be supplemented by a $500,000.00 up front
payment on the Effective Date of the Plan as part of the New Value
Payment.

A full-text copy of the First Amended Disclosure Statement dated
March 16, 2026 is available at https://urlcurt.com/u?l=8mAvs3 from
PacerMonitor.com at no charge.

Counsel to the Debtor:

     Jeffrey A. Weinman, Esq.
     Michael Best & Friedrich LLP
     675 15th Street, Suite 2000
     Denver, CO 80202
     Telephone: (720) 240-9515
     E-mail: jeffrey.weinman@michaelbest.com

                     About 700 17th Street LLC

700 17th Street LLC is a single asset real estate company in
Denver, Colo.

700 17th Street sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Colo. Case. No. 25-16173) on September
24, 2025. In its petition, the Debtor reports estimated assets
between $1 million and $10 million and estimated liabilities
between $10 million and $50 million.

Honorable Bankruptcy Judge Kimberley H. Tyson handles the case.

The Debtor tapped Jeffrey A. Weinman, Esq., at Michael Best &
Friedrich, LLP as legal counsel.

Gregoy Garvin, Acting U.S. Trustee for Region 19, appointed an
official committee to represent unsecured creditors in the Debtor's
Chapter 11 case.


911 RESTORATION SERVICE: Gets OK to Use Cash Collateral
-------------------------------------------------------
The U.S. Bankruptcy Court for the District of Minnesota granted 911
Restoration Services of Minneapolis LLC interim authority to use
cash collateral.

The Debtor is authorized to use up to $52,514.91 of cash
collateral, including funds subject to liens held by the U.S. Small
Business Administration (SBA). This interim use is permitted
through April 8, in accordance with financial projections submitted
to the Court.

As adequate protection, the SBA and other secured creditors are
granted replacement liens on the Debtor’s post-petition assets,
maintaining the same priority as their prepetition liens.

Additionally, the Debtor must make monthly payments of $4,430,
maintain insurance on collateral, and provide reporting and
inspection access to secured parties.

A final hearing is scheduled for April 8.

                   About 911 Restoration Services of Minneapolis,
LLC

911 Restoration Services of Minneapolis, LLC sought protection
under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Min. Case
No. 26-40768) with $500,001 to $1 million in assets and $1,000,001
to $10 million in laibilities.

The Debtor is represented by:

   Cameron A. Lallier
   Bassford Remele PA
   Tel: 612-333-3000
   Email: clallier@bassford.com


ABSOLUTE DEFENSE: Seeks to Extend Plan Exclusivity to June 15
-------------------------------------------------------------
Absolute Defense, LLC asked the U.S. Bankruptcy Court for the
Western District of North Carolina to extend its exclusivity
periods to file a plan of reorganization and obtain acceptance
thereof to June 15 and July 15, 2026, respectively.

The Debtor explains that the root of the request is that its
insider has been dealing with health matters that are intrusive and
require multiple tests. These health matters have caused the
initial 341 meeting of creditors to be continued. The Debtor has
identified plan issues that will require attention towards
reorganization and has engaged with those parties in hopes of
resolution.

The Debtor claims that it seeks an extension of the Exclusivity
Period in order for the company to ascertain and provide the most
accurate information for a Disclosure Statement and Plan of
Reorganization. The accurate information centers around the
collectability of accounts receivable and litigation claims as
that, along with operating as a going concern, are the greatest
sources of funding for any plan. These continued efforts will aid
in formulating an accurate Plan of Reorganization.

The Debtor submits that its request is made in good faith and not
for the purposes of delay, and that no party of interest will be
harmed by the granting of the extension requested herein. No
previous extensions or enlargements of the exclusivity period have
been sought by the Debtor.

Absolute Defense, LLC is represented by:

     John C. Woodman, Esq.
     Essex Richards, PA
     1701 South Blvd.
     Charlotte, NC 28203
     Telephone: (704) 377-4300

                      About Absolute Defense

Absolute Defense, LLC designs and implements building-hardening and
physical-security solutions that protect facilities from man-made
threats and natural hazards by using reinforced glazing,
perimeter-protection measures, access-control systems, and other
structural-hardening technologies.

Absolute Defense, LLC filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. W.D.N.C. Case No.
25-31231) on Nov. 15, 2025. At the time of filing, the Debtor
estimated $100,000 to $500,000 in assets and $1 million to $10
million in liabilities. The petition was signed by Tonya Cockman as
member.

Judge Ashley Austin Edwards presides over the case.

John C. Woodman, at ESSEX RICHARDS PA, is the Debtor's counsel.


ADVANCE SPECIALTY: Seeks to Hire Raymond H. Aver as Counsel
-----------------------------------------------------------
Advance Specialty Care, LLC seeks approval from the U.S. Bankruptcy
Court for the Central District of California to employ the Law
Offices of Raymond H. Aver, A Professional Corporation as counsel.

The firm will render these services:

     (a) represent the Debtor at its Initial Debtor Interview;

     (b) represent the Debtor at its meeting of creditors pursuant
to Bankruptcy Code Section 341(a), or any continuance thereof;

     (c) represent the Debtor at all hearings before the U.S.
Bankruptcy Court;

     (d) prepare necessary legal papers;

     (e) advise the Debtor regarding matters of bankruptcy law;

     (f) represent the Debtor with regards to all contested
matters;

     (g) represent the Debtor with regards to the preparation of a
disclosure statement and the negotiation, preparation, and
implementation of a plan of reorganization;

     (h) analyze any secured, priority, or general unsecured claims
that have been filed in the Debtor's bankruptcy case;

     (i) negotiate with the Debtor's secured and unsecured
creditors regarding the amount and payment of their claims;

     (j) object to claims as may be appropriate; and

     (k) perform all other legal services for the Debtor as may be
necessary, other than adversary proceedings which would require a
further written agreement.

The firm will be paid a retainer of $50,000.

Raymond Aver, a shareholder at the firm, will be paid at his hourly
rate of $695.

Mr. Aver 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:

    Raymond H. Aver, Esq.
    The Law Offices of Raymond H. Aver
    A Professional Corporation
    10801 National Blvd., Ste. 100
    Los Angeles, CA 90064
    Telephone: (310) 571-3511
    Email: ray@averlaw.com

              About Advance Specialty Care, LLC

Advance Specialty Care, LLC provides specialized healthcare and
clinical services to patients requiring advanced medical
treatment.

Advance Specialty Care, LLC sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. Case No. 26-11199) on February 9,
2026. In its petition, the Debtor reports estimated assets of $0 to
$100,000 and estimated liabilities of $1 million to $10 million.


ADVANCE TRANSIT: Unsecured Creditors to be Paid in Full in Plan
---------------------------------------------------------------
Advance Transit Mix Inc. filed with the U.S. Bankruptcy Court for
the Eastern District of Pennsylvania a First Amended Disclosure
Statement describing First Amended Plan of Reorganization dated
March 16, 2026.

The Debtor was a family owned ready-mix concrete Pennsylvania
corporation with an initial registered office address of 613 Oak
Lane and a principal place of business address of 607 Oak Lane and)
Quarry Street in Glenolden, Pennsylvania 19036.

The Debtor is also the owner of several parcels of real property.
On April 25, 2022, Dante J. Panichi, Jr. principal of the Debtor,
died intestate. On December 27, 2022, the Estate of Dante J.
Panichi, Jr. (the "Estate") was admitted to probate and Anna
Panichi was appointed the Administratrix of the Estate.

Sometime during the late summer of 2023, the Advance Transit Mix,
Inc. plant temporarily ceased production. Peter Barsz was appointed
Receiver for Advance Transit Mix, Inc. by Order of the Court of
Common Pleas of Delaware County Pennsylvania – Orphans' Court
(Judge Capuzzi) on September 30, 2023.

The Plan calls for the distribution of the proceeds from the
orderly liquidation of the Debtor's assets without discounting for
Chapter 7 costs.

Class 2 consists of the Allowed Unsecured Claims including all
penalties of any priority claims not otherwise classified herein.
The Class 2 creditors will be paid in full under the Plan once the
Class 1, Class 4 and, if investigation classifies Class 5 as a
Secured Creditor, the Class 5 Creditor are paid in full. Class 2 is
Impaired and entitled to vote on the Plan.

Class 3 consists of the interests in the Debtor held by the Estate
of Dante Panichi and administered by the Receiver. Class 3 is
Impaired under the Plan. Prior to the filing of the instant
Bankruptcy Petition, the Receiver and his attorney from time to
time presented and filed Status Reports at approximately twenty
Orphans' Court hearings. The Orphans Court approved interim fee
requests of the Receiver and the Receiver's attorney most recently
by Orphans' Court Order dated December 23, 2024. To better provide
for the liquidation and dissolution of ATM assets and ultimately
estate assets, the Orphans Court approved the Receiver's request
for permission to file the instant Bankruptcy petition.

Once the Class 1, 2, 4 and 5 Creditors are paid in full, the
remaining proceeds from the sale of the Debtor's Assets will revert
to Class 3. At that time, the Receiver will file a postconfirmation
report with both the Bankruptcy Court and The Court of Common Pleas
of Delaware County, Pennsylvania – Orphans' Court Division in the
matter of Dante J. Panichi, Deceased (No. 0181-23) and seek a final
decree in the Bankruptcy Case. The remaining funds will remain in
escrow with the Receiver until such time as the Orphans Court makes
a determination about the process moving forward in the Orphans'
Court matter.

The Debtor remains in possession of its remaining Assets and will
continue to work with its professionals to market its Assets for
sale, reaching a highest and best offer. The source of funding of
the Plan is the successful sale of the Debtor's remaining real and
personal property.

A full-text copy of the First Amended Disclosure Statement dated
March 16, 2026 is available at https://urlcurt.com/u?l=l6Jjro from
PacerMonitor.com at no charge.

The firm can be reached at:

     Albert A. Ciardi, III
     Ciardi Ciardi & Astin
     1905 Spruce Street
     Philadelphia, PA
     Tel: (215) 557-3550

                   About Advance Transit Mix Inc

Advance Transit Mix Inc. supplies ready-mixed concrete for
construction projects in Glenolden, Pennsylvania. The Company
operates a fleet of trucks for intrastate transport and serves
clients across the region.

Advance Transit Mix Inc. sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D. Pa. Case No. 25-12082) on May 27,
2025.  In its petition, the Debtor reports estimated assets and
liabilities between $1 million and $10 million each.

Bankruptcy Judge Patricia M Mayer handles the case.

The Debtors are represented by Albert A. Ciardi, III, Esq. at
CIARDI CIARDI AND ASTIN.


ADVANCED REHABILITATION: Gets Extension to Access Cash Collateral
-----------------------------------------------------------------
Advanced Rehabilitation Clinics, Inc. received another extension
from the U.S. Bankruptcy Court for the Northern District of
Illinois, Eastern Division, to use the cash collateral of Village
Bank and Trust.

The court entered its fifth interim order extending the Debtor's
authority to use cash collateral through April 30 in accordance
with its budget. The Debtor must not exceed disbursements by more
than 10% per month without prior consent from secured creditor,
Village Bank & Trust.

The Debtor was previously allowed to access cash collateral through
March 31 under the court's fourth interim order.

As adequate protection, Village Bank & Trust will continue to
receive a monthly payment of $2,300 and a replacement lien on all
property acquired by the Debtor after its Chapter 11 filing that is
similar to its pre-bankruptcy collateral. This replacement lien
will have the same validity, extent, and priority as the bank's
pre-bankruptcy lien.

Events of default under the interim order include failure to make
payments and maintain insurance; use of cash collateral outside the
budget; failure to provide required reporting; and violation of any
provision of the interim order.

The order is available at https://is.gd/lzYnvo from
PacerMonitor.com.

The next hearing is scheduled for April 29.

Village Bank and Trust is the Debtor's only secured creditor,
holding a lien on the Debtor's assets for a loan of approximately
$111,000. The Debtor asserts that the value of its assets exceeds
the amount owed and emphasizes that access to cash collateral is
essential to continue business operations and avoid premature
liquidation.

Village Bank and Trust is represented by:

   Adam B. Rome, Esq.
   Greiman, Rome, & Griesmeyer, LLC
   205 W. Randolph St., Ste. 2300
   Chicago, IL 60606
   Phone: 312-428-2750
   arome@grglegal.com

                About Advanced Rehabilitation Clinics Inc.

Advanced Rehabilitation Clinics, Inc. filed a petition under
Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. N.D. Ill.
Case No. 25-16498) on October 27, 2025, with up to $50,000 in
assets and $100,001 to $500,000 in liabilities. Ira Bodenstein
serves as Subchapter V trustee.

Judge Deborah L. Thorne oversees the case.

Penelope N. Bach, Esq., at Bach Law Offices represents the Debtor
as bankruptcy counsel.


AFC-DELL HOLDING: TPG Twin Brook Marks $2.5M 1L Loan at 21% Off
---------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $2,525,000 loan
extended to AFC-Dell Holding Corp to market at $1,996,000 or 79% of
the outstanding amount, according to TPG Twin Brook’s 10-K for
the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities
and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to AFC-Dell Holding Corp.
The 1L Loan accrues interest at a rate of S + 5.00% 8.82% per
annum. The 1L Loan matures on Oct. 9, 2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000


          About AAFC-Dell Holding Corp.

AFC-Dell Holding Corp. is a holding company that has raised capital
through a first lien senior secured revolving loan.


AIRPRO DIAGNOSTICS: TPG Twin Virtually Writes Off $3.1MM 1L Loan
----------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $3,163,000
million loan extended to AirPro Diagnostics, LLC to market at
$11,000 or 0.3% of the outstanding amount, according to TPG Twin
Brook's 10-K for the fiscal year ended Dec. 31, 2025, filed with
the U.S. Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured delayed draw term loan extended to AirPro
Diagnostics, LLC. The 1L Loan accrues interest at a rate of S +
5.25 % 9.47 % per annum. The 1L Loan matures on Feb. 21, 2030.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About AirPro Diagnostics, LLC

AirPro Diagnostics, LLC provides automotive diagnostics and repair
support services, likely focused on remote scanning and calibration
solutions for collision repair shops.


ALEON METALS: Seeks to Extend Plan Exclusivity to May 15
--------------------------------------------------------
Aleon Metals, LLC and affiliates asked the U.S. Bankruptcy Court
for the Southern District of Texas to extend their exclusivity
periods to file a plan of reorganization and obtain acceptance
thereof to May 15 and July 14, 2026, respectively.  

The Debtors explain that the application of factors to the facts
and circumstances of the Chapter 11 Cases demonstrates that the
requested extension of the Exclusive Periods is both appropriate
and necessary.

First, the size and complexity of the Debtors' business and
industry, which requires Debtors to navigate complex issues in
these Chapter 11 Cases warrants approval of the requested relief.
The Debtors owned and operated the largest petroleum catalyst
recycling facility of its kind in North America. The size of the
Debtors' capital structure is also large and complex, consisting of
over $400 million in funded debt.

Second, termination of the Exclusive Periods would adversely impact
the Debtors' efforts to preserve and maximize the value of their
estates and advance these Chapter 11 Cases. Prior to the conclusion
of the sale process, the Debtors, in consultation with the DIP
Secured Parties and the Committee, identified a plan-based exit as
a viable exit path for these Chapter 11 Cases. Consistent with this
direction, the Debtors undertook substantive work to prepare a
confirmable plan and disclosure statement.

Third, notwithstanding the short duration of these cases, the
Debtors have made substantial progress to date. As discussed, the
Debtors have (i) secured critical first and second day relief, (ii)
obtained Court approval of the Debtors' debtor-in possession
financing on interim and final bases, (iii) retained a variety of
necessary professionals to successfully and efficiently administer
the Debtors' estates, as well as obtained Court approval of related
compensation procedures, (iv) drafted and filed the Schedules, (v)
obtained Court approval of both the Bid Procedures and the Sale,
which successfully closed on Oct. 21, 2025, (vi) established bar
dates for the filing of proofs of claim and the approval of
procedures for the filing of omnibus claims objections, (vii)
established assumption and rejection procedures for the Debtors'
executory contracts, (viii) designed and effectuated the strategy
for the implementation of the sale transactions and the wind-down
of the Debtors' estates, and (ix) filed the Combined Disclosure
Statement and Plan, obtained Court approval of the Disclosure
Statement on a conditional basis.

Fourth, the Debtors do not seek the extension of the Exclusive
Periods as a means to exert pressure on the relevant parties in
interest. Instead, the extension will allow the Debtors to proceed
towards confirmation of the Plan. The Debtors seek the requested
extension of the Exclusive Periods out of an abundance of caution
to ensure the progress made to date is not upended by a potential
loss of their Exclusive Periods.

Finally, the Debtors continue to make timely payments on their
undisputed postpetition obligations. Accordingly, the seventh
factor weighs in favor of extending the Exclusive Periods. For each
and all of the foregoing reasons, good cause exists to extend the
Exclusive Periods pursuant to section 1121(d) of the Bankruptcy
Code.

Co-Counsel to the Debtors:

     NORTON ROSE FULBRIGHT US LLP
     Jason L. Boland, Esq.
     Julie Harrison, Esq.
     Maria Mokrzycka, Esq.
     1550 Lamar, Suite 2000
     Houston, Texas 77010
     Telephone: (713) 651-5151
     Facsimile: (713) 651-5246
     Email: jason.boland@nortonrosefulbright.com
     Email: julie.harrison@nortonrosefulbright.com
     Email: maria.mokrzycka@nortonrosefulbright.com

     MORRISON & FOERSTER LLP
     Jennifer L. Marines (admitted pro hac vice)
     Benjamin Butterfield (admitted pro hac vice)
     Andrew Kissner (admitted pro hac vice)
     250 West 55th Street
     New York, New York 10019
     Telephone: (212) 468-8000
     Facsimile: (212) 468-7900
     Email: jmarines@mofo.com
     Email: bbutterfield@mofo.com
     Email: akissner@mofo.com

                        About Aleon Metals LLC

Aleon Metals, LLC own and operate a multipurpose solid waste
disposal facility in Freeport, Texas, specializing in the
extraction and refinement of metals used in the energy industry.
They focus on processing spent catalysts from petroleum refining to
recover vanadium and molybdenum, which have a range of chemical and
industrial applications. The Debtors are also developing a
hydrometallurgical recycling process for lithium-ion batteries that
would convert aluminum waste from its catalyst recycling operations
into battery-grade materials for cathode production.

Aleon Metals sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Tex. Lead Case No. 25-90305) on Aug.
17, 2025.  In the petition signed by Roy Gallagher, chief
restructuring officer, the Debtor disclosed up to $500 million in
both assets and liabilities.

Judge Christopher M. Lopez oversees the case.

The Debtors tapped Morrison & Foerster, LLP as bankruptcy counsel;
Norton Rose Fulbright US, LLP as local counsel; Ankura Consulting
Group, LLC as restructuring and financial advisor; Jefferies, LLC
as investment banker; and Stretto, Inc. as claims and noticing
agent.

The Official Committee of Unsecured Creditors has retained Gray
Reed as counsel.


ALVARADO INVESTMENT: Hires Anyama Law Firm as Counsel
-----------------------------------------------------
Alvarado Investment Properties, LLC seeks approval from the U.S.
Bankruptcy Court for the Central District of California to employ
Anyama Law Firm, A Professional Law Corporation as bankruptcy
counsel.

The firm will provide these services:

     a. advise the Debtor on matters relating to administration of
the Estate, and on the Debtor's rights and remedies with regard to
the Estate's assets and the claims of secured and unsecured
creditors;

     b. appear for, prosecute, defend and represent the Debtor's
interest in suits arising in or related to this case, including any
adversary proceedings against the Debtor;

     c. assist in the preparation of such pleadings, applications,
schedules, orders, and other documents as are required for the
orderly administration of this estate.

The firm will be paid at these rates:

     Onyinye Anyama, Esq.           $400 per hour
     Samantha Hernandez, Paralegal  $150 per hour

The firm received a pre-petition retainer of $15,000.

Onyinye Anyama, Esq., a partner at Anyama 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:

     Onyinye Anyama, Esq.
     Anyama Law Firm, A Professional Law Corporation
     18000 Studebaker Road, Suite 325
     Cerritos, CA 90703
     Telephone: (562) 645-4500
     Facsimile: (562) 318-3669
     Email: info@anyamalaw.com

              About Alvarado Investment Properties, LLC

Alvarado Investment Properties, LLC owns and manages residential
and investment properties in Santa Ana and Los Angeles, California,
with combined comparable sale value exceeding $3 million, operating
in the Southern California real estate investment sector.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. C.D. Cal. Case No. 26-11030) on February 3,
2026. In the petition signed by Melissa Regina Alvarado, managing
member, the Debtor disclosed $3,017,500 in total assets and
$1,910,337 in total liabilities.

Judge Sheri Bluebond oversees the case.

Onyinye N Anyama, Esq., at ANYAMA LAW FIRM, APC, represents the
Debtor as legal counsel.


AMN HEALTHCARE: Moody's Alters Outlook on 'Ba3' CFR to Stable
-------------------------------------------------------------
Moody's Ratings affirmed AMN Healthcare, Inc.'s (AMN) corporate
family rating at Ba3, probability of default rating at Ba3-PD and
the ratings on the company's senior unsecured notes at B1. At the
same time, Moody's changed the outlook to stable from negative. The
company's speculative grade liquidity rating of SGL-1 is
unchanged.

The outlook change to stable from negative reflects the company's
improved credit metrics and stabilization of demand in the nurse
staffing industry. AMN's bill-pay spread has remained relatively
stable and debt-to-EBITDA as of LTM December 31, 2025 was 4.0x.
Moody's expects that debt-to-EBITDA will decline to below 4.0x over
the next 12-18 months. Revenue has been bolstered by labor
disruption activity and better performance in the travel nurse and
allied businesses. AMN has implemented many cost cutting
initiatives including using AI to improve operational efficiencies,
which have helped to stabilize margins.

The affirmation of the ratings reflects moderate financial
leverage, tempered by exposure to labor costs and some earnings
volatility related to opportunities to deploy nurses in areas of
labor disruption.

RATINGS RATIONALE

AMN Healthcare's Ba3 CFR reflects its leading market position in
the temporary healthcare staffing industry, moderate financial
leverage and a very good liquidity profile. The company's credit
profile will remain constrained by a business model which Moody's
believes is sensitive to a multitude of factors that could have
negative implications. These factors include: shortage of
healthcare professionals, defensive strategies employed by the
company's key customers, rising demand for higher wages by industry
workers, move of patient care to lower-cost settings and ongoing
closures of rural hospitals. The credit profile also reflects
Moody's expectations that debt-to-EBITDA will remain below 4.0x
over the next 12-18 months.

The company's nurse and allied solutions business is cyclical and
still accounts for a majority of the company's revenue. However,
the concentration in this business has reduced in recent years,
which will help to stabilize margins. In addition, AMN has
continued to cut costs to offset changes in demand.

AMN's ratings are supported by its very good liquidity (SGL-1). The
company had $34 million in cash at the end of December 31, 2025 and
approximately $425 million available under its $450 million
revolving credit facility expiring October 2030. Moody's expects
that the company will generate between $100-$150 million in free
cash flow over the next 12 months. The company will also remain
well in compliance with its first lien net leverage covenant over
this period.

The B1 rating on the senior unsecured notes ($350 million due 2029;
and $400 million due 2031), one notch below the Ba3 CFR, reflects
their junior position in the capital structure compared to the
senior secured $450 million revolver. The revolver is secured by
substantially all of the company's assets and guaranteed by the
company's subsidiaries.

The stable outlook reflects Moody's expectations that leverage will
decline to below 4.0x and that the industry will continue stabilize
and that AMN's cost-cutting measures will enhance margins.

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

The ratings could be upgraded if the company generates consistent
growth in revenue and margins. The ratings could also be upgraded
if the company continues to follow conservative financial policy
and materially expands its scale and diversification while
sustaining debt/EBITDA below 3.25 times.

The ratings could be downgraded if Moody's expects AMN's
debt/EBITDA to exceed 4.25 times or if the company adopts a more
aggressive acquisition strategy or financial policy. Furthermore, a
weakening of liquidity or sustained decline in free cash flow could
also result in a downgrade.

Headquartered in Dallas, TX, AMN Healthcare, Inc. is the largest
provider of workforce solutions and staffing services to healthcare
facilities in the United States. The company's services include
managed services programs, vendor management systems, recruitment
process outsourcing and consulting services. The company is
publicly traded, and its LTM December 31, 2025 revenues were
approximately $2.7 billion.
           
The principal methodology used in these ratings was Business and
Consumer Services published in February 2026.

The net effect of any adjustments applied to rating factor scores
or scorecard outputs under the primary methodology(ies), if any,
was not material to the ratings addressed in this announcement.


ANGEL'S PARADISE: Hires Shirley A. Langley CPA as Accountant
------------------------------------------------------------
Angel's Paradise Higher Learning Academy Inc. seeks approval from
the U.S. Bankruptcy Court for the Northern District of Georgia to
employ Shirley A. Langley, CPA as accountant.

The firm will provide these services:

   a. advise, assist and represent the Debtor in connection with
analysis of the assets, liabilities and financial condition of the
Debtor and other matters relating to the business of the Debtor and
the preparation of the required annual State and Federal Tax
Returns and aide in filing of schedules, lists and statements,
compliance with the U.S. Trustee's guidelines, and aiding in filing
of a Plan of Reorganization;

   b. provide support and assistance to the Debtor with regard to
the proper receipt, disbursement and accounting for funds and
property of the estate; and

   c. prepare the Debtor's Federal and State required tax forms;
and

   d. perform any and all other accounting services incident or
necessary to the proper administration of the bankruptcy case and
the representation of the Debtor in the performance of the Debtor's
duties and exercise of the Debtor's rights and powers under the
Bankruptcy Rules.

The firm will be paid based upon its normal and usual hourly
billing rates. The firm will also be reimbursed for reasonable
out-of-pocket expenses incurred.

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

The firm can be reached at:

     Shirley A. Langley, CPA
     1106 Ralph D. Abernathy Blved. SW
     Atlanta, GA 30310
     Tel: (404) 755-5533
     Fax: (404) 755-1335

         About Angel's Paradise Higher Learning Academy Inc.

Angel's Paradise Higher Learning Academy Inc sought protection
under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ga. Case
No. 26-51205) on January 29, 2026. In the petition signed by Angela
Gay-Bankston, chief executive officer, the Debtor disclosed up to
$1 million in both assets and liabilities.

Ian Falcone, Esq., at The Falcone Law Firm, PC, represents the
Debtor as legal counsel.


APTITUDE HEALTH: TPG Twin Marks $267,000 1L Loan at 84% Off
-----------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $267,000 loan
extended to Aptitude Health Holdings, LLC to market at $44,000 or
16% of the outstanding amount, according to TPG Twin Brook’s 10-K
for the fiscal year ended Dec. 31, 2025, filed with the U.S.
Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to Aptitude Health Holdings,
LLC. The 1L Loan accrues interest at a rate of S + 5.00% 6.00% per
annum. The 1L Loan matures on May 3, 2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Aptitude Health Holdings, LLC

Aptitude Health Holdings, LLC is a global market leader in
evidence-based solutions for life science companies seeking to
identify, develop, and commercialize oncology and hematology
innovations.


ARC HEALTH: TPG Twin Brook Marks $13.7M 1L Loan at 78% Off
----------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $13,707,000 loan
extended to ARC Health OPCO, LLC to market at $2,966,000 or 22% of
the outstanding amount, according to TPG Twin Brook's 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured delayed draw term loan extended to ARC Health OPCO,
LLC. The 1L Loan accrues interest at a rate of S + 4.75% 8.64% per
annum. The 1L Loan matures on Oct. 10, 2030.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

         About ARC Health OPCO, LLC

ARC Health Opco, LLC provides healthcare services. The Company
focuses on advancing mental healthcare through practices, service
lines, and a nation-wide network of providers. ARC Health Opco
serves patients in the United States.


ARKHAM REALTY: Hires Calaiaro Valencik as Legal Counsel
-------------------------------------------------------
Arkham Realty and Property Management Limited Liability Company
seeks approval from the U.S. Bankruptcy Court for the Western
District of Pennsylvania to employ Calaiaro Valencik as counsel.

The firm's services include:

     (a) prepare the bankruptcy petition and attendance at the
Initial Debtor Interview and 341 Meeting of Creditors;

     (b) represent the Debtor in relation to negotiating an
agreement on cash collateral;

     (c) represent the Debtor in relation to acceptance or
rejection of executory contracts;

     (d) advise the Debtor with regard to its rights and
obligations during the Chapter 11 case;

     (e) represent the Debtor in relation to any motions to convert
or dismiss this Chapter 11;

     (f) represent the Debtor in relation to any motions for relief
from stay filed by any creditors;

     (g) prepare the Chapter 11 Plan and Disclosure Statement, or
equivalents;

     (h) prepare any objection to claims in the Chapter 11; and

     (i) otherwise, represent the Debtor in general.

The firm's counsel and staff will be paid at these hourly rates:

     Donald Calaiaro, Partner    $550
     David Valencik, Partner     $450
     Andrew Pratt, Partner       $375
     Daniel White, Partner       $350
     Paralegals                  $130

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

The firm received a total retainer of $6,738, including filing fee,
from the Debtor.

Mr. Calaiaro 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:

     Donald R. Calaiaro, Esq.
     Calaiaro Valencik
     555 Grant Street, Suite 300
     Pittsburgh, PA 15219
     Telephone: (412) 232-0930
     Facsimile: (412) 232-3858
     Email: dvalencik@c-vlaw.com

              About Arkham Realty and Property
            Management Limited Liability Company

Arkham Realty and Property Management Limited Liability Company is
a real estate management firm that provides property management,
leasing, and related services for residential and commercial
properties.

Arkham Realty and Property Management Limited Liability Company
sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr.
Case No. 26-20610) on March 4, 2026. In its petition, the debtor
reports estimated assets of $0 to $100,000 and estimated
liabilities ranging from $1 million to $10 million.

The debtor is represented by Donald R. Calaiaro, Esq., of Calaiaro
Valencik.



ARTSTOCK: Hires Caron Bletzer PLLC as ESOP Auditor
--------------------------------------------------
Artstock dba Artist & Craftsman Supply seeks approval from the U.S.
Bankruptcy Court for the District of Maine to employ Caron Bletzer,
PLLC as employee stock ownership plan auditor.

The firm's services include:

   (a) obtaining an understanding of the ESOP and its environment
sufficient to identify and assess the risks of material
misstatement of the financial statements and to design and perform
audit procedures responsive to those risks and obtain evidence that
is sufficient to provide a basis for Bletzer's opinion;

   (b) evaluating the appropriateness of accounting policies used
and the reasonableness of significant accounting estimates made by
management;

   (c) concluding, based on the audit evidence obtained, whether
there are conditions or events, considered in the aggregate, that
raise substantial doubt about the ESOP's ability to continue as a
going concern for a reasonable period of time; and

   (d) informing the Debtor of any material errors, fraudulent
financial reporting, or misappropriation of assets that comes to
Bletzer's attention.

The firm will be paid a flat fee of $14,000.

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

The firm can be reached at:

     John Bletzer
     Caron Bletzer, PLLC
     1 Library Ln
     Kingston, NH 03848
     Tel: (855) 620-4600

              About Artstock dba Artist & Craftsman Supply

Artstock, doing business as Artist & Craftsman Supply, sought
protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.
Maine Case No. 25-20305) on December 23, 2025, listing between $10
million and $50 million in both assets and liabilities.

Judge Peter G. Cary oversees the case.

The Debtor is represented by D. Sam Anderson, Esq., and Adam R.
Prescott, Esq., at Bernstein Shur Sawyer & Nelson, PA.



ARTSTOCK: Hires Royer P.A. as Accountant and Tax Advisor
--------------------------------------------------------
Artstock dba Artist & Craftsman Supply seeks approval from the U.S.
Bankruptcy Court for the District of Maine to employ Royer P.A. as
accountant and tax advisor.

The firm will provide these services:

   (a) preparing and filing state and federal tax returns and all
necessary services related thereto;

   (b) tax analysis and advice, including regarding asset sales and
tax matters that may arise relating to the Debtor's reorganization;
and

   (c) reviewing financial statements in connection with other
accounting services and advice.

The firm will be paid at these fixed rates:

   Prepare 2025 S-Corp filing                 $12,900
   Prepare 2025 C-Corp filing                 $16,125
   Prepare Philadelphia amended tax return    $1,460
   Prepare 2025 review                        $39,290
   Prepare ACS 842 for new lease              $500

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

The firm can be reached at:

     Michael C. Royer, Esq.
     Royer P.A.
     6 Fundy Road, Suite 100
     Falmouth, ME 04105
     Tel: (207) 781-3445

              About Artstock dba Artist & Craftsman Supply

Artstock, doing business as Artist & Craftsman Supply, sought
protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.
Maine Case No. 25-20305) on December 23, 2025, listing between $10
million and $50 million in both assets and liabilities.

Judge Peter G. Cary oversees the case.

The Debtor is represented by D. Sam Anderson, Esq., and Adam R.
Prescott, Esq., at Bernstein Shur Sawyer & Nelson, PA.


ASC ORTHO: TPG Twin Brook Marks $521,000 1L Loan at 81% Off
-----------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $521,000 loan
extended to ASC Ortho Management Company, LLC to market at $101,000
or 19% of the outstanding amount, according to TPG Twin Brook's
10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S.
Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured term loan extended to ASC Ortho Management Company,
LLC. The 1L Loan accrues interest at a rate of S + 6.50% + 2.50%
PIK 12.93% per annum. The 1L Loan matures on Dec. 31, 2026.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

               About ASC Ortho Management Company, LLC

ASC Ortho Management Company, LLC appears to be an orthopedic
practice management or surgery-center services provider backed by
first-lien senior secured credit facilities.


ASCEND PLASTIC: TPG Twin Brook Marks $20.2M 1L Loan at 77% Off
--------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $20,267,000
million loan extended to Ascend Plastic Surgery Partners MSO LLC to
market at $4,701,000 or 23% of the outstanding amount, according to
TPG Twin Brook's 10-K for the fiscal year ended Dec. 31, 2025,
filed with the U.S. Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured delayed draw term loan extended to Ascend Plastic
Surgery Partners MSO LLC. The 1L Loan accrues interest at a rate of
S + 5.50% 9.34% per annum. The 1L Loan matures on May 3, 2029.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

         About Ascend Plastic Surgery Partners MSO LLC

Ascend Plastic Surgery Partners MSO LLC appears to be a management
services organization supporting plastic surgery practices.


ASCENT CLASSICAL: S&P Assigns 'BB' Rating on 2026A-B Revenue Bonds
------------------------------------------------------------------
S&P Global Ratings assigned its 'BB' long-term rating to the
Colorado Educational and Cultural Facilities Authority's series
2026A and 2026B (taxable) charter school revenue bonds.

At the same time, S&P Global Ratings affirmed its 'BB' long-term
rating on the authority's series 2024A and 2024B (taxable) charter
school revenue bonds.

All bonds were issued for Ascent Classical Academy Charter Schools
Inc. (ACACS)

The outlook is stable.

S&P views environmental, social, and governance factors as neutral
in our credit rating analysis.

S&P said, "The stable outlook reflects our expectation that
enrollment will continue to grow as projected and that other demand
metrics will remain healthy over the one-year outlook period. We
also expect general continuity with the management and governance
structure, operating performance, and liquidity. No additional debt
is expected over the near term.

"We could consider a negative rating action if the network fails to
meet operating, coverage, or liquidity projections. In addition, we
could consider a negative rating action if enrollment or demand
metrics weaken, or if the school takes on additional debt.

"We view a positive rating action over the next year as unlikely
given the school's very highly leveraged debt profile. Over time,
we could consider a positive rating action if enrollment growth
continues as expected, if operating performance remains healthy,
and if MADS coverage continues improving, alongside continued
organizational maturity."



AXIP ENERGY: Hires Evercore Group LLC as Investment Banker
----------------------------------------------------------
Axip Energy Services, LP and affiliates seek approval from the U.S.
Bankruptcy Court for the Southern District of Texas to employ
Evercore Group L.L.C. as investment banker.

The firm's services include:

   (a) evaluating and analyzing the business, operations and
financial position of the Debtors and potential acquirors;

   (b) coordinating a virtual data room for due diligence and
managing such due diligence review;

   (c) performing valuation analyses;

   (d) assisting with consideration of strategic and financial
alternatives;

   (e) developing a list of Potential Investors and potential
acquirors and, with the Debtors' prior consent, soliciting
indications of interest from such Potential Investors and
acquirors;

   (f) assisting the Debtors in the preparation and review of
presentations, offering memoranda and other documentation relating
to a Transaction;

   (g) analyzing and evaluating proposals received from Potential
Investors and potential acquirors, including the proposed
consideration and financing terms; and

   (h) assisting with structuring and negotiating the terms of a
Transaction.

The firm will be paid as follows:

   (a) A cash fee in an amount equal to 1.0% of Transaction Value
(as defined in the Engagement Letter) (the "Sale Success Fee"),
which will be paid promptly upon consummation of a Sale
Transaction;

   (b) A cash fee upon the first closing of any part of a Preferred
or Structured Equity Raise and upon each subsequent closing, if any
(each, a "Preferred or Structured Equity Raise Fee") equal to 2.5%
of the aggregate amount of any financing irrevocably committed at
or in connection with such closing, whether or not drawn down; and

   (c) A cash fee upon the first closing of any part of a Debt
Raise and upon each subsequent closing, if any (each, a "Debt Raise
Fee") equal to (i) 0.50% of the aggregate amount of any new
asset-based loan ("ABL") financing irrevocably committed and (ii)
2.0% of the aggregate amount of any other secured or unsecured debt
financing irrevocably committed, in each case at or in connection
with such closing and whether or not drawn down; provided, however,
that a Debt Raise Fee equal to 0.25% will be applicable to the
aggregate amount of any secured ABL financing committed by any of
the lenders in the Debtors' current ABL due September 2025.

During the 90 days immediately preceding the Petition Date,
Evercore received fee payments totaling $0 and expense
reimbursement payments totaling $57,990.38, which includes $55,000
paid on account of anticipated expenses.

Mr. Pacha 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 A. Pacha
     Evercore Group, LLC
     55 East 52nd Street
     New York, NY 10055
     Tel: (212) 857-3100

              About Axip Energy Services, LP

Axip Energy Services, LP is a provider of natural gas contract
compression services.

Axip Energy Services sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90338) on February
22, 2026. In the petition signed by Ben Chesters, chief
restructuring officer, the Debtor disclosed up to $500 million in
both assets and liabilities.

Judge Christopher M. Lopez oversees the case.

Paul E. Heath, Esq., at Vinson & Elkins LLP represents the Debtor
as counsel. Epiq Corporate Restructuring, LLC is the Debtors'
claims, noticing, and solicitation agent.


AXIP ENERGY: Hires Mr. Chester of Ankura Consulting as CRO
----------------------------------------------------------
Axip Energy Services, LP and affiliates seek approval from the U.S.
Bankruptcy Court for the Southern District of Texas to employ
Ankura Consulting Group, LLC, and designate Mr. Ben Chesters as
chief restructuring officer.

The firm will provide these services:

   a. provide Mr. Chesters to serve as CRO;

   b. provide additional resources and personnel as requested and
approved by the Debtors (the "Engagement Personnel");

   c. review existing cash flow and liquidity, including cash
management processes and controls, and assist in the creation or
evaluation of the Debtors' 13-week cash flow forecast and
management thereof, and sizing of any potential funding need;

   d. assist in evaluating, implementing and managing cost
reduction and operational improvement measures necessary to
preserve and maximize the Debtors' value and efficiency;

   e. assist with diligence requests and communications with the
Debtors' stakeholders and their advisors;

   f. advise and assist the Debtors in connection with the Debtors'
preparation of various stakeholder presentations and financial
reports required to support stakeholder negotiations;

   g. assist the Debtors in contingency planning, contingency
preparations, and any related contingency workstreams; and

   h. perform such other professional services as requested by the
Debtors and agreed to by Ankura in writing.

The firm will be paid at these rates:

     Senior Managing Director         $1,380 to 1,545
     Managing Director                $1,140 to 1,280
     Senior Director                  $940 to 1,085
     Director                         $785 to 905
     Senior Associate                 $645 to 725
     Associate                        $525 to 595
     Paraprofessional                 $395 to 455

The Debtors will pay Ankura a monthly fee of $220,000 for the
services of Mr. Chesters as CRO, and will reimburse Ankura for its
reasonable and documented out-of-pocket expenses incurred for
services rendered.

Ankura received from the Debtor a $350,000 advanced payment
retainer.

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

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

The firm can be reached at:

     Ben Chesters
     485 Lexington Avenue, 10th Floor
     New York, NY 10017
     Tel: (212) 818-1555
     Email: ben.chesters@ankura.com

              About Axip Energy Services, LP

Axip Energy Services, LP is a provider of natural gas contract
compression services.

Axip Energy Services sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90338) on February
22, 2026. In the petition signed by Ben Chesters, chief
restructuring officer, the Debtor disclosed up to $500 million in
both assets and liabilities.

Judge Christopher M. Lopez oversees the case.

Paul E. Heath, Esq., at Vinson & Elkins LLP represents the Debtor
as counsel. Epiq Corporate Restructuring, LLC is the Debtors'
claims, noticing, and solicitation agent.


AXIP ENERGY: Hires Vinson & Elkins LLP as Legal Counsel
-------------------------------------------------------
Axip Energy Services, LP and affiliates seek approval from the U.S.
Bankruptcy Court for the Southern District of Texas to employ
Vinson & Elkins LLP as counsel.

The firm will provide these services:

   a. provide legal advice with respect to the Debtors' powers and
duties as debtors in possession in the operation of their
businesses and the management of estate property;

   b. advise and consult on the conduct of the chapter 11 cases,
including all of the legal and administrative requirements of
operating in chapter 11;

   c. attend meetings and negotiations with representatives of
creditors and other parties in interest;

   d. prepare substantially all necessary motions, answers, orders,
reports, and other legal papers on the Debtors' behalf in
connection with the administration of their bankruptcy estates;

   e. advise the Debtors in connection with any potential sale(s)
of assets and take necessary action(s) to guide the Debtors through
such potential sale(s);

   f. advise the Debtors regarding tax matters;

   g. take all necessary actions to protect and preserve the
Debtors' estates, including the prosecution of actions on the
Debtors' behalf, defense of any action commenced against the
Debtors, and representation of the Debtors in negotiations
concerning litigation in which the Debtors are involved, including
objections to claims filed against the Debtors' estates;

   h. analyze proofs of claim that may be filed against the Debtors
and potential objections to such claims;

   i. represent the Debtors in connection with negotiating the
terms of potential financing during the chapter 11 cases and
obtaining authority for debtor-in-possession financing and the
continued use of cash collateral;

   j. analyze certain executory contracts and unexpired leases and
potential assumptions, assignments, or rejections of such contracts
and leases;

   k. advise the Debtors with respect to corporate and certain
litigation matters, including discovery requests, and matters
related to the Bankruptcy Code's automatic stay as well as
compliance with non-bankruptcy law;

   l. consult with the U.S. Trustee, the Committee, any other
committees that may be appointed in these chapter 11 cases, and all
other creditors and parties in interest concerning the
administration of these chapter 11 cases;

   m. take action on the Debtors' behalf to obtain approval of a
disclosure statement and confirmation of a chapter 11 plan;

   n. appear before the Court and any appellate courts to represent
the interests of the Debtors' estates; and

   o. provide representation and all other legal services required
by the Debtors in discharging their duties as debtors in possession
or otherwise in
connection with these chapter 11 cases.

The firm will be paid at these rates:

     Partners           $1,700 to $2,695 per hour
     Counsels           $1,550 to $2,245 per hour
     Associates         $920 to $1,580 per hour
     Paraprofessionals  $645 to $685 per hour

The Debtors paid the firm an initial advance retainer of $350,000.

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

The following are provided in response to the request for
additional information set forth in Paragraph D.1 of the
Guidelines:

   a. Question: Did V&E agree to any variations from, or
alternatives to, V&E's standard billing arrangements for this
engagement?

   Answer: Yes, V&E agreed to a discount of its standard or
customary billing arrangements for this engagement, consistent with
its historical fee arrangement with the Debtors. V&E will continue
to adhere to these arrangements during the pendency of these
chapter 11 cases.

   b. Question: Do any of the V&E professionals in this engagement
vary their rate based on the geographic location of these chapter
11 cases?

   Answer: No.

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

   Answer: V&E will use the same hourly rates for services rendered
on behalf of the Debtors during the pendency of these chapter 11
cases as it used during the 12 months prior to the Petition Date.
In the twelve months preceding these chapter 11 cases, through and
including December 31, 2025.

   V&E's hourly rates for services rendered on behalf of the
Debtors ranged as follows:

      Timekeeper                      U.S. Range
   Partners                         $1,550-$2,300
   Counsel                          $1,395-$1,995
   Associates                       $835-$1,435
   Paraprofessionals                $615-$650

   Following the firm's standard periodic hourly rate increase for
2026, the following hourly rates took effect on January 1, 2026 and
remain in effect:

     Timekeeper                         U.S. Range
   Partners                         $1,700-$2,695
   Counsel                          $1,550-$2,245
   Associates                       $920-$1,580
   Paraprofessionals                $645-$685

   d. Question: Have the Debtors approved V&E's budget and staffing
plan, and, if so, for what budget period?

   Answer: Yes, the Debtors have approved V&E's projected budget
and staffing plan for the period from the Petition Date through
April 10, 2026. Projected fees may be greater than the budgeted
amounts if certain contingencies occur, and V&E reserves all rights
to modify the projected budget and staffing plan as needed.

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

The firm can be reached at:

     David S. Meyer, Esq.
     Vinson & Elkins LLP
     1114 Avenue of the Americas, 32nd Floor
     New York, NY 10036
     Tel: (212) 237-0000
     Fax: (212) 237-0100
     E-mail: dmeyer@velaw.com

              About Axip Energy Services, LP

Axip Energy Services, LP is a provider of natural gas contract
compression services.

Axip Energy Services sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90338) on February
22, 2026. In the petition signed by Ben Chesters, chief
restructuring officer, the Debtor disclosed up to $500 million in
both assets and liabilities.

Judge Christopher M. Lopez oversees the case.

Paul E. Heath, Esq., at Vinson & Elkins LLP represents the Debtor
as counsel. Epiq Corporate Restructuring, LLC is the Debtors'
claims, noticing, and solicitation agent.


B&K UNITED: Seeks Chapter 7 Bankruptcy in Arkansas
--------------------------------------------------
On March 16, 2026, B&K United Foods Partners LLC f/d/b/a Direct2U
LLC filed for Chapter 7 protection in the U.S. Bankruptcy Court for
the Eastern District of Arkansas. According to the court filing,
the debtor reports between $100,001 and $1,000,000 in debt owed to
1–49 creditors.

                About B&K United Foods Partners LLC

B&K United Foods Partners LLC, f/d/b/a Direct2U LLC, sought relief
under Chapter 7 of the U.S. Bankruptcy Code (Bankr. E.D. Ark. Case
No. 26-11005) on March 16, 2026. In its petition, the debtor
reports estimated assets between $0 and $100,000 and estimated
liabilities between $100,001 and $1,000,000.

Honorable Bankruptcy Judge Phyllis M. Jones handles the case.

The debtor is represented by M. Randy Rice, Esq., of Rice &
Associates.


BERRY CAPITAL: Court OKs Farm Equipment Sale at Auction
-------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of North
Carolina, Raleigh Division, has permitted Berry Capital Management
II LLC to sell Property, free and clear of liens, claims,
interests, and encumbrances.

The Debtor intends to sell several farm machine and equipment at
public auction and the list of the Property can be found at
https://urlcurt.com/u?l=k8lcc5.

The Court finds that a public sale of the Debtor's equipment and
vehicles is in the best interest of all parties.

The Debtor represents, and the Court finds, that the Property can
be converted to cash for the benefit to creditors of the Debtor's
estate.

The Debtor represents the Property serves as security for loans
represented by a series of Secured Promissory Notes held by certain
non-voting members of the Debtor.

The Debtors are permitted to convey the Property free and clear of
all claims of record, liens, rights, interests, and encumbrances
asserted against the Property, including liens recorded on
certificates of title, through an online public auction to be
conducted by Iron Auction Group LLC.

The Property shall be sold by an online public auction commencing
March 27, 2026, as more particularly set forth in the Application
for Employment of Auctioneer.

The Property shall be 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 buyer of the Property shall
bear all costs associated with the transfer of the Property,
including registration fees, local transfer fees and taxes, and
North Carolina sales taxes, as applicable.

The Debtors represent that the proposed public sale is the best
method to liquidate the Property, as it shall maximize value for
the same.

Iron Auction shall disburse the net proceeds to Debtor’s
undersigned counsel, who shall segregate and hold such net proceeds
in trust pending further Orders of this Court regarding their
distribution.

          About Berry Capital Management II, 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.


BESTWALL LLC: Weiss Loses Bid for Automatic Stay Relief
-------------------------------------------------------
In the appeal styled ANGELIKA WEISS and ANGELIKA WEISS as Executor
of the Estate of WILSON BUCKINGHAM, Appellants, v. BESTWALL, LLC,
Appellee, CIVIL ACTION NO. 3:24-cv-00297 (W.D.N.C.), Chief Judge
Frank W. Volk of the U.S. District Court for the Western District
of North Carolina affirmed the order of the U.S. Bankruptcy Court
for the Western District of North Carolina denying Wilson
Buckingham and Angelika Weiss' motion for relief from the automatic
stay pursuant to 11 U.S.C. Sec. 362(d).

Appellant Angelika Weiss filed the appeal both individually and in
her capacity of Executor of the Estate of Wilson Buckingham.

In November 2017, Bestwall petitioned for relief under Chapter 11,
triggering the automatic stay under 11 U.S.C. Sec. 362. Bestwall
also sought and was granted an order enjoining the prosecution of
any "Bestwall Asbestos Claims" claims against certain non-debtor
affiliates known as "protected parties."  In 2018, the Official
Committee of Asbestos Claimants sought dismissal of Bestwall's
Chapter 11 petition under section 1112(b), contending the petition
was filed in bad faith inasmuch as Bestwall was a solvent entity.

Applying the two-prong test for bad faith dismissals articulated by
the Court of Appeals in Carolin Corp. v. Miller, 886 F.2d 693,
700-01 (4th Cir. 1989)2 and its progeny, the Bankruptcy Court
denied the Committee's Motion.  In so doing, the Court found
attempting to resolve asbestos claims through 11 U.S.C. Sec. 524(g)
is a valid reorganizational purpose, and filing for Chapter 11,
especially in the context of an asbestos or mass tort case, need
not be due to insolvency. Inasmuch as the Court concluded the
Committee failed to establish the matter was objectively futile
given Bestwall had the resources to reorganize, it declined to
reach the question of subjective bad faith. The Court noted it
would ultimately have to rule on Bestwall's good faith, albeit in a
different context, at confirmation.

Several years later in 2023, the Committee again moved to dismiss,
this time contending the Bankruptcy Court lacked subject-matter
jurisdiction over a solvent debtor like
Bestwall. Claimant Wilson Buckingham also sought dismissal at this
time inasmuch as he had not yet been diagnosed with mesothelioma
when the Committee first moved to dismiss in 2018. Like the
Committee previously, Mr. Buckingham moved to dismiss on bad faith
grounds under Carolin, primarily contending Bestwall lacked the
financial stress necessary to be a Chapter 11 debtor. The
Bankruptcy Court denied both the Committee and Mr. Buckingham's
Motions.  Respecting Mr. Buckingham's Motion, the Bankruptcy Court
concluded its 2019 Opinion and Order rejecting the Committee's
identical bad faith contentions under Carolin was the law of the
case inasmuch as neither the new facts, nor law cited by Mr.
Buckingham warranted reconsideration of its previous ruling.

On December 28, 2023, claimants Wilson Buckingham and Angelika
Weiss filed their own Motion for Relief from the Automatic Stay. In
support, Mr. Buckingham and Ms. Weiss primarily reiterated their
bad faith Carolin contentions raised in their earlier denied Motion
to Dismiss.

Ms. Weiss now appeals the Bankruptcy Court's denial of her and Mr.
Buckingham's Motion for Relief from the Automatic Stay. Ms. Weiss
contends the Bankruptcy Court erred in denying stay relief and
again refused to rule on whether Bestwall filed its petition in bad
faith because of its misplaced interpretation of the Carolin
two-pronged standard.

Specifically, Ms. Weiss asserts the Bankruptcy Court erred by:

   (1) equating a grant of her requested stay relief as the
equivalent of dismissing Bestwall's petition and the entire
bankruptcy case,
   (2) basing its ruling upon the admittedly speculative parade of
horribles that granting the Motion would open the floodgates,
   (3) extending its prior erroneous misinterpretation of Carolin's
two-pronged standard for dismissal to the Motion,
   (4) improperly imposing the burden on Mr. Buckingham to
distinguish his case from those of other tort claimants by pleading
unique facts and circumstances, despite Sec. 362(g) placing the
burden of proof on the debtor, and
   (5) applying the balancing test of In re Robbins to the bad
faith lift stay Motion.

Bestwall disagrees and maintains the Bankruptcy Court properly
denied the Motion.

The District Court finds the Bankruptcy Court appropriately applied
settled precedent and did not abuse its discretion in denying Ms.
Weiss' Motion for Relief from the Automatic Stay. There is
positively no clearly erroneous factual finding and no legal error
giving rise to a finding of abuse. Accordingly, there is no basis
to disturb the ruling, the District Court said.

A copy of the Court's Order dated March 16, 2026, is available at
http://urlcurt.com/u?l=Td0smI

                      About Bestwall LLC

Bestwall LLC -- http://www.Bestwall.com/-- was created in an
internal corporate restructuring and now holds asbestos
liabilities. Bestwall's asbestos liabilities relate primarily to
joint systems products manufactured by Bestwall Gypsum Company, a
company acquired by Georgia-Pacific in 1965. The former Bestwall
Gypsum entity manufactured joint compounds containing small amounts
of chrysotile asbestos; the manufacture of these
asbestos-containing products ceased in 1977.

Bestwall's non-debtor subsidiary, GP Industrial Plasters LLC
("PlasterCo"), develops, manufactures, sells and distributes gypsum
plaster products, including gypsum floor underlayment, industrial
plaster, metal casting plaster, industrial tooling plaster, dental
plaster, medical plaster, arts and crafts plaster, pottery plaster
and general purpose plaster.

On Nov. 2, 2017, Bestwall sought Chapter 11 protection (Bankr.
W.D.N.C. Case No. 17-31795) in an effort to equitably and
permanently resolve all its current and future asbestos claims. The
Debtor estimated assets and debt of $500 million to $1 billion. It
has no funded indebtedness.

The Hon. Laura T. Beyer is the case judge.

The Debtor tapped Jones Day as bankruptcy counsel; Robinson,
Bradshaw & Hinson, P.A., as local counsel; Schachter Harris, LLP as
special litigation counsel for medicine science issues; King &
Spalding as special counsel for asbestos matters; and Bates White,
LLC, as asbestos consultants. Donlin Recano LLC is the claims and
noticing agent.

On Nov. 8, 2017, the U.S. bankruptcy administrator appointed an
official committee of asbestos claimants in the Debtor's case. The
committee retained Montgomery McCracken Walker & Rhoads, LLP as
legal counsel; and Hamilton Stephens Steele + Martin, PLLC and JD
Thompson Law as local counsel.

On Feb. 22, 2018, the court approved the appointment of Sander L.
Esserman as the future claimants' representative in the Debtor's
case. Mr. Esserman tapped Young Conaway Stargatt & Taylor, LLP, as
legal counsel; Hull & Chandler, P.A., as local counsel; Ankura
Consulting Group, LLC, as claims evaluation consultant; and FTI
Consulting, Inc., as financial advisor.


BLUE STAR: Hires Sorokac Law Office as Special Counsel
------------------------------------------------------
Blue Star Management Group LLC seeks approval from the U.S.
Bankruptcy Court for the District of Nevada to employ Sorokac Law
Office, PLLC, d/b/a Reisman Sorokac as special litigation counsel.

The Debtor needs the firm's legal assistance in connection with a
case (Case No. A-25-929361-C) filed in the Eighth Judicial District
Court, Clark County, Nevada.

The firm will be paid these contingency fees:

   (1) Thirty-three percent of any money recovered in this Matter
prior to the filing of a lawsuit Complaint.

   (2) Forty percent of any money recovered in this Matter after
the filing of a lawsuit Complaint.

   (3) If a settlement is reached in this Matter and is done so
through a structured settlement, the professional contingency fee
shall be paid from the initial cash payment(s).

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

The firm can be reached at:

     Joshua H. Reisman, Esq.
     Sorokac Law Office, PLLC
     d/b/a Reisman Sorokac
     8965 S Eastern
     Las Vegas, NV 89123
     Tel: (702) 718-7048

              About Blue Star Management Group LLC

Blue Star Management Group, LLC filed a petition under Chapter 11,
Subchapter V of the Bankruptcy Code (Bankr. D. Nevada Case No.
26-10688) on February 2, 2026, listing assets of up to $50,000 and
liabilities of between $100,001 and $500,000.

Judge August B. Landis presides over the case.

Matthew C. Zirzow, Esq., at Larson and Zirzow, LLC represents the
Debtor as legal counsel.


BPCP WLF INTERMEDCO: TPG Twin Marks $7.6MM 1L Loan at 77% Off
-------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $7,615,000 loan
extended to BPCP WLF Intermedco LLC to market at $1,766,000 or 23%
of the outstanding amount, according to TPG Twin Brook's 10-K for
the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities
and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured delayed draw term loan extended to BPCP WLF
Intermedco LLC. The 1L Loan accrues interest at a rate of S + 6.00%
9.89% per annum. The 1L Loan matures on Aug. 19, 2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About BPCP WLF Intermedco LLC

BPCP WLF Intermedco LLC is a corporate borrower utilizing a first
lien senior secured delayed draw term loan for its financing
needs.



BRAND ARMY: Hires Levene Neale Bender Legal Counsel
---------------------------------------------------
Brand Army, Inc. seeks approval from the U.S. Bankruptcy Court for
the Central District of California to employ Levene, Neale, Bender,
Yoo & Golubchik L.L.P. as general bankruptcy counsel.

The firm will render these services:

     (a) advise the Debtor with regard to the requirements of the
Bankruptcy Court, Bankruptcy Code, Bankruptcy Rules and the Office
of the United States Trustee as they pertain to it;

     (b) advise the Debtor with regard to certain rights and
remedies of its bankruptcy estate and the rights, claims, and
interests of creditors;

     (c) represent the Debtor in any proceeding or hearing in the
Bankruptcy Court involving its estate unless it is represented in
such proceeding or hearing by other special counsel;

     (d) conduct examinations of witnesses, claimants or adverse
parties and represent the Debtor in any adversary proceeding except
to the extent that any such adversary proceeding is in an area
outside of the firm's expertise or which is beyond its staffing
capabilities;

     (e) prepare and assist in the preparation of reports,
applications, pleadings and orders;

     (f) represent the Debtor with regard to obtaining use of
financing and/or cash collateral;

     (g) assist the Debtor in any asset sale process;

     (h) assist the Debtor in negotiation, formulation, preparation
and confirmation of a plan of reorganization and the preparation
and approval of a disclosure statement in respect of the plan; and

     (i) perform any other services which may be appropriate in the
firm's representation of the Debtor during its bankruptcy case.

The firm's counsel and staff will be paid at these following hourly
rates:

     David Neale, Attorney              $795
     Ron Bender, Attorney               $795
     Timothy Yoo, Attorney              $795
     David Golubchik, Attorney          $795
     Eve Karasik, Attorney              $795
     Gary Klausner, Attorney            $795
     Eric Israel, Attorney              $795
     Brad Krasnoff, Attorney            $795
     Edward Wolkowitz, Attorney         $795
     Beth Ann Young, Attorney           $795
     Monica Kim, Attorney               $775
     Philip Gasteier, Attorney          $775
     John Tedford IV, Attorney          $775
     Daniel Reiss, Attorney             $775
     Todd Frealy, Attorney              $775
     Krikor Meshefejian, Attorney       $775
     John-Patrick Fritz, Attorney       $775
     Richard Steelman, Jr., Attorney    $750
     Juliet Oh, Attorney                $750
     Todd Arnold, Attorney              $750
     Joseph Rothberg, Attorney          $750
     Jefrey Kwong, Attorney             $750
     Michael D'Alba, Attorney           $750
     Carmela Pagay, Attorney            $725
     Anthony Friedman, Attorney         $725
     Robert Carrasco, Attorney          $595
     Paraprofessionals                  $300

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

The Debtor paid the firm $50,000 as retainer, plus $1,738 filing
fee.

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

The firm can be reached at:

     David B. Golubchik, Esq.
     Levene, Neale, Bender, Yoo & Golubchik LLP
     2818 La Cienega Avenue
     Los Angeles, CA 90034
     Telephone: (310) 229-1234
     Facsimile: (310) 229-1244
     Email: dbg@lnbyg.com

              About Brand Army, Inc.

Brand Army Inc, doing business as Wink, operates a digital platform
that enables creators to engage with audiences and monetize content
through subscriptions, tips, and community interactions, providing
services primarily online from its headquarters in Los Angeles,
California.

The Debtor filed a petition under Chapter 11, Subchapter V of the
Bankruptcy Code (Bankr. C.D. Calif. Case No. 26-10412) on Feb. 27,
2026, with $1 million to $10 million in assets and liabilities.
Ramon Mendez, president, signed the petition.

Judge Victoria S. Kaufman presides over the case.

Ron Bender, Esq. at LEVENE, NEALE, BENDER, YOO & GOLUBCHIK L.L.P.
represents the Debtor as legal counsel.


BRD LAND: Seeks to Hire GreerWalker LLP as Financial Advisor
------------------------------------------------------------
BRD Land & Investment and affiliates seek approval from the U.S.
Bankruptcy Court for the Western District of North Carolina to
employ GreerWalker LLP as consultant and financial advisor.

The firm's services include:

   a. provide assistance to the Debtors and Debtors' counsel with
court filings;

   b. directly manage the Debtors' financial matters;

   c. provide expert testimony before the bankruptcy court, as
required;

   d. provide post-petition bankruptcy consulting service as
required;

   e. assist in post-petition financial restructuring and plan of
reorganization formulation; and

   f. other consulting and tax services as may be required and
other customary and typical duties for a CRO.

The firm will be paid at the rates of $165 to $690 per hour.

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

The firm received from the Debtors a retainer of $40,000.

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

The firm can be reached at:

     William A. Barbee
     GreerWalker LLP
     227 West Trade Street, Suite 1100
     Charlotte, NC 28202
     Tel: (704) 377-0239

              About BRD Land & Investment

BRD Land & Investment filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. W.D.N.C. Case No.
26-30215) on February 24, 2026, listing $10,000,001 to $50 million
in assets and $50,000,001 to $100 million in liabilities.

Judge Laura T Beyer presides over the case.

Matthew L Tomsic, Esq. at Rayburn Cooper Durham P.A., serves as the
Debtor's counsel.


BUILD BAYTOWN: City of Baytown Loses Bid to Dismiss Adversary Case
------------------------------------------------------------------
Judge Suzanne H. Bauknight of the U.S. Bankruptcy Court for the
Eastern District of Tennessee denied the motion filed by the City
of Baytown to dismiss the adversary proceeding captioned as BUILD
BAYTOWN I, LLC Plaintiff v. THE CITY OF BAYTOWN, Defendant, Adv.
Proc. No. 3:24-ap-03029-SHB (Bankr. E.D. Tenn.).

This adversary proceeding was commenced by the filing of the
Original Complaint and Request for Declaratory Relief on November
20, 2024.

BBI is a limited liability company organized under Texas law, and
Defendant is a municipality located in Texas. The parties entered
into a Chapter 380 Program Agreement for Economic Development
Incentives on March 18, 2022, under which the City provided BBI
with a $6,000,000 grant plus the costs of certain bonds (not to
exceed $80,000.00) and a waiver of project-related fees for BBI to
develop and operate a public golf course and related amenities as
specified in the Lease Agreement executed by the parties on April
20, 2022. In the Lease, BBI agreed to use and occupy the Property
only for (a) a public golf course and (b) golf-related retail
purposes for a term of 480 months. BBI leased just over 105 acres
comprised of the site of the City's former Evergreen municipal golf
course plus approximately 12.5 acres of adjoining property for the
purpose of developing and operating a public golf course as well as
other golf-related amenities and retail businesses. The Lease also
authorized cash incentive payments for qualified project costs
associated with BBI's development of this project and granted BBI a
contingent option to lease an additional 8.5 acres at the northern
end of the property for commercial, hospitality or multi-family
residential property development.

Improvements to the property included a 17,800 square foot newly
renovated clubhouse, a 5,000 square foot golf-cart storage
facility, and a 5,000 square foot maintenance facility.

On April 2, 2024, the City provided BBI with a notice of default,
demanding that BBI produce information regarding its operations,
outstanding projects at the golf course, and outstanding debts and
requesting documentation concerning the golf course and an
accounting of its use of the $6,000,000 grant.

The City argues that the Complaint should be dismissed under Rule
12(b)(1) because it, as a governmental entity, is immune from both
suit and liability for such claims as breach of contract,
common-law fraud, unjust enrichment, and declaratory relief, and it
has not waived its immunity. The City asserts that it is protected
by immunity from suit for breach of contract because it acted in
its governmental, not proprietary, capacity when it entered into
the 380 Agreement. The City also asserts that it is immune from
suit for intentional torts under the Texas Tort Claims Act ("TTCA")
and that it, likewise, is immune from suit under the equitable
theory of unjust enrichment and the Uniform Declaratory Judgement
Act as codified in Texas. Finally, the City asserts immunity from
contract liability under the Texas Local Government Code section
271.152.

Plaintiff argues that the Dismissal Motion should be denied because
the Complaint properly states claims for relief under all causes of
action and, based on Defendant's proprietary actions, governmental
immunity does not apply to bar Plaintiff's causes of action or to
prevent the Court from assessing liability against Defendant under
Texas law.

In opposition to the Dismissal Motion, BBI asserts that the City's
decision to enter into the 380 Agreement (and the associated Lease)
was discretionary, not mandatory; that the City entered into the
380 Agreement primarily for its own citizens; that the City was
acting on its own behalf and not that of the State of Texas when it
entered into the 380 Agreement, and that the City's entering into
the 380 Agreement was not related to any governmental function.

The Court finds that the Complaint sufficiently pleaded allegations
that the City's actions of entering into the 380 Agreement and
Lease served proprietary rather than governmental functions,
meaning that BBI's allegations adequately assert that the City is
not clothed with sovereign immunity in this case. This conclusion
applies not only to Plaintiff's contract claim but also to the
fraud, unjust-enrichment, and declaratory-judgment claims because
immunity applies only when the City acted in its governmental
capacity, and Plaintiff adequately alleged that the City was acting
in its proprietary capacity. Accordingly, Defendant's Dismissal
Motion will be denied.

A copy of the Court's Memorandum dated March 17, 2026, is available
at http://urlcurt.com/u?l=6QtHwA.

Attorneys for Plaintiff, Build Baytown I, LLC:

Robert E. Lapin, Esq.
LAPIN & LANDA, LLP
500 Jefferson, Suite 2000
Houston, TX 77002-7371
Email: blapin@lapinlanda.com

Attorneys for Defendant, The City of Baytown:

Ryan A. Burgett, Esq.
HUSCH & BLACKWELL LLP
736 Georgia Avenue, Suite 300
Chattanooga, TN 37402
Email: ryan.burgett@huschblackwell.com

   - and -

Lynn Hamilton Butler, Esq.
HUSCH & BLACKWELL LLP
111 Congress Avenue, Suite 1400
Austin, TX 78701
Email: lynn.butler@huschblackwell.com

                  About Build Baytown I, LLC
       
Build Baytown I, LLC filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. E.D. Tenn. Case No.
24-30748) on May 2, 2024, listing $10 million to $50 million in
assets and $1 million to $10 million in liabilities. The petition
was signed by David Hinkle as member.

Thomas Lynn Tarpy, Esq. at Tarpy, Cox, Fleishman & Leveille, PLLC,
is the Debtor's counsel.

The bankruptcy case was converted from Chapter 11 to Chapter 7 on
May 7, 2025. John P. Newton, Jr. is the Chapter 7 trustee.


CANADIAN ORTHODONTIC: TPG Twin Marks $264,000 1L Loan at 80% Off
----------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $264,000 loan
extended to Canadian Orthodontic Partners Corp to market at $52,000
or 20% of the outstanding amount, according to TPG Twin Brook's
10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S.
Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to Canadian Orthodontic
Partners Corp. The 1L Loan accrues interest at a rate of T + 9.00%
11.62% per annum. The 1L Loan matures on Dec. 31, 2026.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Canadian Orthodontic Partners Corp.

Canadian Orthodontic Partners Corp. is the support service company
for docbraces, providing everything from accounting to marketing
and everything in between.


CANADIAN ORTHODONTIC: TPG Twin Marks CAD$101K 1L Loan at 80% Off
----------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its CAD$101,000 loan
extended to Canadian Orthodontic Partners Corp to market at
CAD$20,000 or 20% of the outstanding amount, according to TPG
Twin's 10-K for the fiscal year ended Dec. 31, 2025, filed with the
U.S. Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to Canadian Orthodontic
Partners Corp. The 1L Loan accrues interest at a rate of T + 9.00%
PIK 12.93% per annum. The 1L Loan matures on Dec. 31, 2026.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Canadian Orthodontic Partners Corp.

Canadian Orthodontic Partners Corp. is the support service company
for docbraces, providing everything from accounting to marketing
and everything in between.



CANADIAN ORTHODONTIC: TPG Twin Marks CAD$151,000 1L Loan at 73% Off
-------------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its CAD$151,000 loan
extended to Canadian Orthodontic Partners Corp to market at
CAD$41,000 or 27% of the outstanding amount, according to TPG Twin
Brook's 10-K for the fiscal year ended Dec. 31, 2025, filed with
the U.S. Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to Canadian Orthodontic
Partners Corp. The 1L Loan accrues interest at a rate of T + 9.00%
12.93% per annum. The 1L Loan matures on Dec. 31, 2026.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Canadian Orthodontic Partners Corp.

Canadian Orthodontic Partners provides support services to
docbraces and our national network of community-based orthodontic
clinics.



CAP KSI: TPG Twin Brook Marks $7.1M 1L Loan at 61% Off
------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $7,145,000 loan
extended to CAP KSI Holdings LLC to market at $2,807,000 or 39% of
the outstanding amount, according to TPG Twin Brook's 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to CAP KSI Holdings LLC. The
1L Loan accrues interest at a rate of S + 5.25% 9.48% per annum.
The 1L Loan matures on June 28, 2030.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About CAP KSI Holdings LLC

CAP-KSI Holdings, LLC manufactures automobiles. The Company serves
customers in the United States.


CENTURI HOLDINGS: S&P Assigns 'BB-' Rating on $616MM Term Loan B
----------------------------------------------------------------
S&P Global Ratings revised its outlook on Centuri Holdings Inc. to
positive from stable.

S&P said, "We also assigned our 'BB-' issue-level rating and '2'
recovery rating to the company's $616 million term loan B due July
2032. The '2' recovery rating indicates our expectation of
significant (70%-90%; rounded estimate: 75%) recovery in the event
of a payment default.

"The positive outlook reflects the improvement in the backlog,
progress on deleveraging, and the potential that we could raise our
ratings on Centuri within the next 12 months if the company
achieves credit measures in line with the higher rating, and we
expect them to remain there, as it executes projects in its
backlog. We expect S&P Global Ratings-adjusted debt to EBITDA of
about 4x in 2026 and the high-3x area in 2027.

Centuri's credit measures improved following a year of solid
customer demand in which it grew its backlog to $5.9 billion from
$3.7 billion in the prior year and achieved a book-to-bill of 1.5x.
It also raised equity and repaid $184 million on its term loan B
with equity proceeds.

S&P said, "Its S&P Global Ratings-adjusted debt to EBITDA improved
half a turn to 4x in 2025 and we anticipate it will decline below
4x area in 2026. While reported free operating cash flow (FOCF) was
modestly negative, we expect the company will generate meaningfully
positive FOCF in 2026 as working-capital spending improves,
potentially aligning with our upside threshold."

The positive outlook reflects Centuri's potential for improved
leverage and cash flow as it progresses on productivity initiatives
and demand remains strong.

These could be enhanced by debt repayment and effective working
capital management. In 2025, the company grew across all segments
(U.S. gas utility services, Canadian operations, union electric
utility services, non-union electric utility services), underpinned
by, aging utility infrastructure maintenance, resiliency
improvements, and upgrades to the energy grid. This was slightly
offset by weaker storm demand relative to the year before. These
events resulted in revenue growth of 13.1% and an S&P Global
Ratings-adjusted EBITDA margin of 9%. S&P said, "We expect
continued revenue growth of 7%-12% and stable EBITDA margins around
9% in 2026 as Centuri continues to execute on master service
agreements (MSA) and other backlog projects for maintenance,
repair, and upgrade services across electric and natural gas
customers. It ended 2025 with a backlog of $5.9 billion and a
book-to-bill of 1.5x. We believe the backlog and new award wins
provide some visibility into demand and confidence that there will
be sufficient demand for its services to support growth over the
next few years. We continue to expect demand will be supported by
substation infrastructure and data-center-related work (which is
largely fixed price and carries greater risk of cost overruns if
execution becomes challenged in our view) in its electric segments,
expansion of MSAs in new and existing geographies across the
business, and pipe replacement and natural gas facility
construction projects (also fixed price with risk of cost overrun
dependent on execution) in its gas segments."

Centuri generated reported FOCF around negative $8 million in 2025.
However, this was largely due to working-capital deficit spending
as the company expanded across the business. It has outlined a
strategy to improve cash-flow generation, which includes better
working-capital management, smoothing seasonality through expansion
into warmer geographies, and improving crew utilization. S&P said,
"We expect reported FOCF to improve to about $50 million-$75
million in 2026 as working-capital deficit spending moderates,
offset by slightly lower profitability as crews in new geographies
ramp up. Following a shelf registration of common equity in
November, it repaid $184 million on its term loan B. It
subsequently repriced this loan in January, reducing the interest
margin by 25 basis points, which should also support improved cash
generation over time. We regard these as positive credit factors
and a demonstration of its commitment to improving leverage and
cash flow."

S&P said, "We expect Centuri's financial policy and capital
allocation will support credit-measure improvement in 2026. Its
financial policy includes the potential for continued debt
repayment in the near term. This could result in credit measures
improving beyond our current forecast (we don't incorporate debt
repayment in our base-case assumptions due to uncertainty in
timing). We expect S&P Global Ratings-adjusted debt to EBITDA below
4x in 2026, improving to the high-3x area in 2027. There is further
upside if its business mix improves (through more
data-center-related work or a greater contribution from the
higher-margin and more episodic storm work) or if the company is
able to drive more field productivity improvements. While the
company targets long term net leverage of 2x-2.5x on an S&P Global
Ratings-adjusted basis, we expect this will be about a turn
higher.

"Centuri's leverage is expected to improve slightly in 2026,
reflecting steady growth in its base business, partially offset by
the incurrence of leases (which we include in our adjusted debt
calculation). We anticipate the company will finance nearly half of
its fleet expansion through leases over the next few years. This
will likely result in some improvement to reported FOCF, which
could be used to support additional debt repayment. We expect S&P
Global Ratings-adjusted FOCF to debt around 7% in 2026, improving
to about 10% in 2027."

Southwest Gas Holdings Inc. (BBB+/Stable/--) completed its
disposition of Centuri in September. Two seats have been added to
Centuri's board of governors. S&P said, "We expect the company will
remain prudent with capital allocation and don't anticipate share
repurchases or dividends in the near term. That said, we continue
to monitor its adherence to its stated financial policy around
shareholder returns and acquisitions, which could delay
deleveraging."

S&P said, "The positive outlook reflects the improvement in the
backlog, progress on deleveraging, and the potential that we could
raise our ratings on Centuri within the next 12 months if the
company achieves credit measures in line with the higher rating,
and we expect them to remain there, as it executes on projects in
its backlog. We expect S&P Global Ratings-adjusted debt to EBITDA
of about 4x in 2026 and the high-3x area in 2027.

"We could revise the outlook back to stable if Centuri's leverage
remained above 4x or its FOCF to debt remained below 10% and we
expect it would stay there.

"We could raise our ratings in the next 12 to 24 months if the
company's debt to EBITDA improved well below 4x and FOCF to debt
increased to above 10% and we expect it will stay there."


CHAD PRICE FARMS: Commences Chapter 12 Bankruptcy in Arkansas
-------------------------------------------------------------
On March 15, 2026, Chad Price Farms, LLC filed for Chapter 12
protection in the U.S. Bankruptcy Court for the Eastern District of
Arkansas. According to the court filing, the debtor reports between
$1 million and $10 million in debt owed to 1–49 creditors.

                       About Chad Price Farms, LLC

Chad Price Farms, LLC sought relief under Chapter 12 of the U.S.
Bankruptcy Code (Bankr. E.D. Ark. Case No. 26-10976) on March 15,
2026. In its petition, the debtor reports estimated assets between
$1 million and $10 million and estimated liabilities between $1
million and $10 million.


CHILDREN'S HEALTH: Hires Geno and Steiskal PLLC as Counsel
----------------------------------------------------------
Children's Health Center of Columbus, Inc. seeks approval from the
U.S. Bankruptcy Court for the Northern District of Mississippi to
employ the Law Offices of Geno and Steiskal, PLLC as counsel.

The firm will render these services:

     (a) advise and consult with the Debtor regarding questions
arising from certain contract negotiations which will occur during
the operation of business;

     (b) evaluate and attack claims of various creditors who may
assert security interests in the assets and who may seek to disturb
the continued operation of the business;

     (c) appear in, prosecute, or defend suits and proceedings, and
take all necessary and proper steps and other matters and things
involved in or connected with the affairs of the estate of the
Debtor;

     (d) represent the Debtor in court hearings and assist in the
preparation of contracts, reports, accounts, petitions,
applications, orders and other papers and documents as may be
necessary in this proceeding;

     (e) advise and consult with the Debtor in connection with any
reorganization plan which may be proposed in this proceeding and
any matters concerning it which arise out of or follow the
acceptance or consummation of such reorganization or its rejection;
and

     (f) perform such other legal services on behalf of the Debtor
as they become necessary in this proceeding.

The firm will be paid at these hourly rates:

     Craig Geno, Attorney            $500
     Christopher Steiskal, Attorney  $400
     Paralegals                      $250

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

The firm received a retainer of $14,000 from the Debtor, inclusive
of $1,738 filing fee.

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

The firm can be reached through:

     Craig M. Geno, Esq.
     Christopher Steiskal, Esq.
     Law Offices of Craig M. Geno, PLLC
     601 Renaissance Way, Suite A
     Ridgerland, MS 39157
     Telephone: (601) 427-0048
     Facsimile: (601) 427-0050
     Email: cmgeno@cmgenolaw.com
            csteikal@cmgenolaw.com

        About Children's Health Center of Columbus, Inc.

Children's Health Center of Columbus, Inc. filed a petition under
Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. N.D. Miss.
Case No. 26-10693) on March 2, 2026, with between $1 million and
$10 million in both assets and liabilities.

Craig M. Geno, Esq., at the Law Offices of Craig M. Geno, PLLC
represents the Debtor as legal counsel.


CHINO CENTRAL: Case Summary & 12 Unsecured Creditors
----------------------------------------------------
Debtor: Chino Central Group, LLC
        520 Newport Center Drive
        Suite 480
        Newport Beach, CA 92660

Business Description: Chino Central Group, LLC is a real estate
                      company that owns and leases a multi-tenant
                      retail property in Chino, California.

Chapter 11 Petition Date: March 24, 2026

Court: United States Bankruptcy Court
       Central District of California

Case No.: 26-10925

Judge: Hon. Scott C Clarkson

Debtor's Counsel: Kyra E. Andrassy, Esq.
                  RAINES FELDMAN LITTRELL LLP
                  4675 MacArthur Court
                  Suite 1550
                  Newport Beach, CA 92660
                  Tel: (310) 440-4100
                  Email: kandrassy@raineslaw.com

Estimated Assets: $10 million to $50 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Ioannis Xilikakis as manager.

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

https://www.pacermonitor.com/view/5G5ILTI/Chino_Central_Group_LLC__cacbke-26-10925__0001.0.pdf?mcid=tGE4TAMA

List of Debtor's 12 Unsecured Creditors:

  Entity                             Nature of Claim  Claim Amount

1. Vierergruppe Management Inc.                           $104,094
1932 East Deere Avenue
Suite 150
Santa Ana, CA 92705
Email: jennifer@vgruppemanagement.com
Phone: (714) 442-0625

2. Joses Nuevo Landscaping LLC                             $36,500
3857 Birch Street
Suite 209
Newport Beach, CA 92660

3. Waste Management                                         $9,462
AS Payment Agent
PO Box 541065
Los Angeles, CA
90054-1065
Phone: (951) 842-3249

4. Camacho, Moises                                          $9,350
5590 W. Mission Blvd.
Ontario, CA 91762
Email: camachocontracting08@gmail.com

5. Chino, City of                                           $4,288
P.O. Box 667
Chino, CA
91708-0667
Phone: (909) 334-3727

6. VSS Electric, Inc.                                       $3,441
1890 Trotter Trail
Norco, CA
92860-2877
Email: brad@vsselectric.com
Phone: (951) 279-9148

7. Sain Builders                                            $2,650
147 Hart Bench Rd
Darby, MT 59829

8. Southern California Edison                                 $851
P.O. Box 300
Rosemead, CA
91772-0001
Tel: (800) 655-4555

9. Trend Systems Group                                        $780
2126 S. Standard Avenue
Santa Ana, CA 92707
Email: reice@trendsystems.net
Phone: (714) 936-6545

10. Dominion Disposal                                         $470
1536 E. Pinewood Ave
Anaheim, CA 92805
Email: dominiondisposal@mail.com
Phone: (714) 402-0274

11. 10perature Heating and                                    $460
Air Conditioning
12822 Gilbert St. #B
Garden Grove, CA 92841
Email: 10peraturehvac@gmail.com
Phone: (714) 610-4733

12. Executive Lighting & Electric                             $290
1141 North Cosby
Way, Ste A
Anaheim, CA 92806
Email: accounting@executivelighting.com
Phone: (714) 632-5093


CHURCH HOME: Fitch Alters Outlook on 'BB' LongTerm IDR to Positive
------------------------------------------------------------------
Fitch Ratings has affirmed Church Home of Hartford Incorporated,
CT's (Seabury) Long-Term Issuer Default Rating (IDR) at 'BB'.

Fitch also affirmed the 'BB' revenue rating on approximately $80
million of revenue bonds issued by the state of Connecticut Health
and Educational Facilities Authority and the Public Finance
Authority on behalf of Seabury.

The Rating Outlook has been revised to Positive from Stable.

   Entity/Debt                       Rating           Prior
   -----------                       ------           -----
Church Home of Hartford
Incorporated d/b/a
Seabury (CT)                   LT IDR BB  Affirmed    BB

    Church Home of
    Hartford Incorporated
    d/b/a Seabury (CT)
    /General Revenues/1 LT     LT     BB  Affirmed    BB

Seabury completed construction on a 24-unit expansion, with
move-ins scheduled for May 2026. The ILUs are fully presold, with
approximately $12 million in projected entrance fee receipts
expected to be collected in 2026. Initial entrance fees fully
funded construction, and Seabury did not need to draw on its
construction line to complete the project.

Seabury's cash-to-adjusted-debt has strengthened over the past
several years (32% in 2020 to 56% in 2025). This trend is expected
to continue over the longer term given improved ILU occupancy and
expectations for stronger revenue generation once the expansion
fills, supporting the Outlook revision to Positive and reflecting
Fitch's expectation for continued balance sheet growth to
cash-to-adjusted-debt levels that are more consistent with the
higher end of the 'bb' financial profile assessment even in a
stress case.

Fitch also continues to monitor the system's broader strategic
posture. Historically, management has at times incurred meaningful
debt to support capital projects, and recent
developments—including the new affiliation with Pomperaug
Woods—indicate an interest in further expanding capabilities.

SECURITY

The bonds are secured by a pledge of gross revenues of the
obligated group (OG), a mortgage and a debt service reserve fund.

KEY RATING DRIVERS

Revenue Defensibility - bbb

Single Site Life Plan Community (LPC); Stable Demand and Pricing
Characteristics

At Dec. 31, 2025, ILU occupancy was 91%, up from the low 80% range
since 2021. Occupancy improved in other areas of care, with
assisted living occupancy increasing to 93% from 81% in fiscal 2021
and memory care increasing to 90% from 66% in 2021.

Seabury is a single site provider in Bloomfield, CT, a moderately
competitive service area. Seabury and its local competitors
continue to operate successfully in relative proximity to each
other. Compared to neighboring LPCs, Seabury is larger and offers a
Type A contract.

Seabury has a history of modest annual fee increases, indicating
midrange pricing flexibility. While typical home values in
Bloomfield are below the average entrance fee at Seabury,
management has reported strong demand for its most expensive units
and has a waitlist for select premium units.

Operating Risk - bbb

Adequate Core Operations

Fitch's assessment of Seabury's operating risk is based on its
improving profitability ratios. Seabury has strategically invested
in capital improvements to maintain its competitive position as
indicated in its demand profile and in its relatively low average
age of plant. Fitch sees the planned ILU expansion as accretive for
Seabury's long-term profitability.

Seabury's 'Midrange' operating risk assessment reflects the
community's stable metrics balanced against the Type A contract
type. On average over the past three years, Seabury has had an
operating ratio, NOM and NOMA of 98.6%, 11.7% and 26%,
respectively. Fitch expects these ratios to further improve after
the expansion is fully occupied in the longer term.

Seabury affiliated with Pomperaug Woods, a local LPC, in 2025.
Management expects the relationship to result in modest but
predictable management fees.

Seabury's capital expenditures have averaged about 46% of
depreciation over the past five years but exceeded 100% of
depreciation in 2025 due to the ILU expansion. Average age of plant
is adequate at 15.5 years.

Capital related metrics include an average revenue-only MADS
coverage and MADS as a percentage of revenue at 1x and 13%,
respectively, for the past three years. Average debt to net
available was elevated at 6.0 for the past three years. Fitch
expects this metric to improve incrementally over the next several
years with regular redemptions of existing debt. Seabury does not
plan to increase its long-term debt.

Financial Profile - bb

Stable Liquidity and Elevated Leverage

Given Seabury's 'Midrange' revenue defensibility, 'Midrange'
operating risk assessments, and Fitch's forward-looking scenario
analysis, key leverage metrics are expected to remain consistent
with the current financial profile, throughout the current economic
and business cycle. As of YE 2025, Seabury had unrestricted cash
and investments of approximately $42 million. This represents about
56% of total debt. DCOH was adequate for the rating level at 397
days at the end of 2025. DSCR was 2.9x for fiscal 2025.

Seabury's unrestricted cash has increased steadily to about $24
million at fiscal 2022 from approximately $42 million at fiscal
2025, reflecting improved occupancy and stronger operating
performance. With the recent expansion coming online, Fitch expects
operations to strengthen further. This liquidity trajectory
supports the Outlook revision to Positive, as Fitch anticipates
Seabury will sustain cash-to-adjusted-debt metrics more consistent
with a 'BB+' profile.

The average age of plant remains somewhat elevated at 15.5 years,
suggesting a need for higher capital investment to remain
competitive. Fitch expects Seabury can fund capex closer to
depreciation (above historical levels) while maintaining its
improved balance sheet.

Asymmetric Additional Risk Considerations

No asymmetric risk considerations were relevant to the rating
decision.

RATING SENSITIVITIES

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

- An erosion in unrestricted liquidity such that cash to adjusted
fall to below 25% and is not expected to improve;

- If ILU occupancy stabilizes at or below 88%;

- Failure to meet the DSCR covenant minimum of 1.2x;

- Material transfers outside the obligated group.

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

- Continued growth in unrestricted liquidity such that cash to
adjusted debt is sustained above 50%, even in a stress case;

- Expectations for occupancy to remain at or above 90%.

PROFILE

Seabury is a Type A LPC located in Bloomfield, CT, just northwest
of Hartford that includes 210 ILU apartments, 32 ILU cottages, 55
ALUs, 50 enhanced ALUs, and 72 SNF beds. Seabury offers 50% and 80%
refundable plans and a non-refundable plan.

Fitch bases its analysis on the results of the OG. Total OG
operating revenues were about $44 million in fiscal 2025.

Seabury also has two non-OG affiliated organizations: the Seabury
Charitable Foundation and Seabury At Home, which is an LPC without
walls.

Sources of Information

In addition to the sources of information identified in Fitch's
applicable criteria specified below, this action was informed by
data from DIVER by Solve.

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.


CIBUS INC: Reports $132.2MM Net Loss in FY2025; Going Concern Stays
-------------------------------------------------------------------
Cibus Inc. filed with the U.S. Securities and Exchange Commission
its Annual Report on Form 10-K reporting a net loss of $132.2
million for the fiscal year ended December 31, 2025, compared to a
net loss of $282.7 million for the fiscal year ended December 31,
2024.

For the fiscal year ended December 31, 2025, the Company recorded a
total revenue of $3.6 million, compared to $4.3 million in 2024.

Operating Capital Requirements

The Company has incurred losses since its inception. The Company's
net loss was $132.2 million and cash used in operating activities
was $50.6 million for the year ended December 31, 2025.

As of December 31, 2025, the Company had $9.9 million of cash and
cash equivalents. Current liabilities were $16.9 million as of
December 31, 2025.

In the fourth quarter of 2024, Cibus announced a restructuring
initiative (Restructuring Initiative), which included a reduction
in its workforce. The Restructuring Initiative instituted cost
reduction actions designed to preserve capital resources for the
advancement of its streamlined priority objectives, which
initiatives include reductions in expenditures for consultants and
other third party service providers, organizational restructuring
and related talent optimization, and streamlining of rent and
facility expenses, including the non-renewal of the lease for the
Company's trait development facility for editing plants in San
Diego, California upon expiration in August 2025.

In June 2025, building on efficiencies introduced through the
Restructuring Initiative to date, the Company announced further
streamlining of its operational focus to preserve capital resources
and concentrate its working capital expenditures on the commercial
advancement of the Company's weed management traits for Rice.

On July 21, 2025, the Board approved a reduction in workforce of
approximately 34 full-time employees as a pivotal step in
implementing the Company's streamlined business focus. The Company
communicated the workforce reduction to affected employees on July
23, 2025. The Company completed this reduction in workforce as of
December 31, 2025. In the fourth quarter of 2025, the Company began
to wind-down operations at its Roseville, Minnesota facility and
the Company took substantive steps to sublease the facility.

On March 12, 2026, in furtherance of the Company's Board-approved
streamlining efforts, the Company conducted an additional reduction
in workforce of 15 full-time employees, effective as of March 13,
2026. The Company estimates that it will incur approximately $0.4
million of one-time cash payments in the first quarter of 2026, of
which approximately $0.3 million is related to accrued vacation and
approximately $0.1 million is related to one-time severance
expense. In addition, the Company estimates, based on Cibus'
closing stock price on March 13, 2026, one-time non-cash stock
compensation expense of approximately $0.5 million related to
accelerated stock awards in the first quarter of 2026.

In light of these streamlining cost reduction actions, the Company
anticipates reducing its annual net cash usage to approximately
$30.0 million or less during the course of 2026. The Company
anticipates that such efforts will contribute toward improved cash
flow and financial stability. The Company is in the process of
completing the consolidation of its core operations to San Diego,
CA while prioritizing resources toward advancing its Rice programs
and completing ongoing non-Rice activities that are not
partner-funded, while deferring non-partner-funded activities
outside of Rice, such as field testing.

The Company has incurred losses since its inception and anticipates
that it will continue to generate losses for the next several
years. Over the longer term and until the Company can generate cash
flows sufficient to support its operating capital requirements, it
expects to finance a portion of future cash needs through:

     (i) cash on hand

    (ii) commercialization activities, which may result in various
types of revenue streams from future product development agreements
and technology licenses, including upfront and milestone payments,
annual license fees, and royalties

   (iii) government or other third party funding

    (iv) public or private equity or debt financings (which may
include a future at-the-market financing facility or other
continuous offering facility), or

     (v) a combination of the foregoing.

However, capital generated by commercialization activities, if any,
is expected to be received over a period of time and near-term
additional capital may not be available on reasonable terms, if at
all.

Going Concern

San Diego, Calif.-based BDO USA, P.C., the Company's auditor since
2023, issued a "going concern" qualification in its report dated
March 17, 2026, attached to the Company's Annual Report on Form
10-K for the year ended December 31, 2025. The report highlights
that the Company has suffered recurring losses from operations and
negative cash flows from operations that raise substantial doubt
about its ability to continue as a going concern.

The Company's ability to continue as a going concern will depend on
its ability to obtain additional public or private equity or debt
financing (which may include a future at-the-market financing
facility or other continuous offering facility), obtain government
or private grants and other similar types of funding, attain
further operating efficiencies, reduce or contain expenditures,
and, ultimately, to generate revenue. The Company believes that its
cash and cash equivalents as of December 31, 2025, is not
sufficient to fund its operations for a period of 12 months or more
from the date of this filing. Taking into account the approximately
$19.8 million net proceeds raised in January 2026 and the impact of
cost saving initiatives implemented through March 17, 2026, the
date of this Annual Report on Form 10-K and without giving effect
to potential financing transactions Cibus is pursuing, Cibus
expects that existing cash and cash equivalents is sufficient to
fund planned operating expenses and capital expenditure
requirements into late in the third quarter of 2026. The Company's
assessment of the period of time through which its financial
resources will be adequate to support its operations is a
forward-looking statement and involves risks and uncertainties, and
actual results could vary as a result of a number of factors. The
Company has based this estimate on assumptions that may prove to be
wrong. Circumstances and business conditions may change that would
require the Company to use its cash resources for purposes beyond
those that are currently forecast. Any such unexpected uses of cash
resources necessarily shorten the Company's cash runway, as
projected without taking into account such matters. In addition,
changes in market conditions, including market volatility arising
out of dynamic and shifting global trade policies, may reduce the
Company's opportunities to raise additional capital, including
through the public or private capital markets.

Management Plans

The Company will need to raise additional capital to support its
business plans to continue as a going concern within one year after
the date that the accompanying consolidated financial statements
are issued. If the Company is unable to raise additional capital in
a sufficient amount or on acceptable terms in the near term, the
Company may have to implement additional, more stringent cost
reduction measures to manage liquidity, and the Company may have to
significantly delay, scale back, or cease operations, in part or in
full. If the Company raises additional funds through the issuance
of additional debt or equity securities, including as part of a
strategic alternative, it could result in substantial dilution to
its existing stockholders and increased fixed payment obligations,
and these securities may have rights senior to those of the
Company's shares of common stock.

These factors raise substantial doubt about the Company's ability
to continue as a going concern within the next 12 months. Any of
these events could impact the Company's business, financial
condition, and prospects.

The Company's financing needs are subject to change depending on,
among other things, the success of its trait and product
development efforts, the effective execution of its business model,
its revenue, and its efforts to effectively manage expenses. The
effects of macroeconomic events and potential geopolitical
developments on the financial markets and broader economic
uncertainties may make obtaining capital through equity or debt
financings more challenging and may exacerbate the risk that such
capital, if available, may not be available on terms acceptable to
the Company.

Management Commentary

Peter Beetham, Interim Chief Executive Officer of Cibus, commented,
"2025 was a landmark year that validated our technology leadership
and strategic vision. Our seven Rice partner customers continue to
drive our near-term 2027 and 2028 commercial launch targets in our
USA and LATAM geographic markets, which have the potential for more
than $200 million annual addressable royalties at peak. In our
Sustainable Ingredients program, we generated initial customer
payments as we ramp up commercialization efforts for 2026. And,
most recently, we were selected by the UK Government as a
technology partner in its Farming Innovation Programme.
Importantly, the regulatory environment we've been helping to shape
for over a decade reached a critical inflection point with the EU's
political agreement on New Genomic Techniques legislation. This
advancement and the recently activated Precision Breeding Act in
the United Kingdom have prompted the recent UK investment in
precision breeding innovation. Gene editing can no longer be called
an experiment--it's the present state of agricultural innovation,
and Cibus is positioned ahead of this curve."

Dr. Beetham continued, "What makes 2026 particularly exciting is
the continuing convergence of technology leadership and commercial
potential. For years, speed and scale were obstacles for seed
companies. Our highly efficient single-cell editing system, coupled
with our time bound, predictable trait development has
fundamentally altered that equation, and we're poised to capitalize
on the results. As our Rice program advances toward our targeted
2027 and 2028 initial commercial launches, with our partners
committing resources to access technology and accelerate their
innovation timelines, we're also beginning to see opportunities
beyond traditional trait licensing. This includes the potential for
genomic editing for partners in opportunity-rich markets like
India, Asia (outside of China), and Latin America and expanding
opportunities for sustainable ingredient development primarily for
the consumer packaged goods industry and secondarily for other
industries looking for better-for-you products. As we explore these
opportunities, while maintaining our core trait licensing and
royalty model, I am more excited than ever about our ability to
build a durable, high value cash flow stream that will underpin
long-term shareholder value creation."

Dr. Beetham commented, "Finally, our recent successful public
offering and continued streamlined focus and operational efficiency
gains are providing a solid foundation for Cibus as we lead gene
editing technologies in changing the scale and speed of plant
breeding and advance toward near-term revenue catalysts."

A full text copy of the Company's Form 10-K is available at
https://tinyurl.com/mr3yyrps

                            About Cibus

Cibus Inc. is an agricultural biotechnology company based in San
Diego, California. It develops genetic traits for major food crops
using its proprietary gene-editing platform, the Rapid Trait
Development System. The Company's technology aims to improve crop
productivity and resilience by addressing challenges such as pests,
diseases, and environmental stressors.

As of December 31, 2025, the Company had $305 million in total
assets and $283.2 million in total liabilities, and total
stockholders' equity of $21.8 million.


CICC & SONS: Seeks to Hire Calaiaro Valencik as Counsel
-------------------------------------------------------
Cicc & Sons Investments, LLC seeks approval from the U.S.
Bankruptcy Court for the Western District of Pennsylvania to employ
Calaiaro Valencik as counsel.

The firm's services include:
   
     (a) prepare the bankruptcy petition and attendance at the
Initial Debtor Interview and 341 Meeting of Creditors;

     (b) represent the Debtor in relation to negotiating an
agreement on cash collateral;

     (c) represent the Debtor in relation to acceptance or
rejection of executory contracts;

     (d) advise the Debtor with regard to its rights and
obligations during the Chapter 11 case;

     (e) represent the Debtor in relation to any motions to convert
or dismiss this Chapter 11;

     (f) represent the Debtor in relation to any motions for relief
from stay filed by any creditors;

     (g) prepare the Chapter 11 Plan and Disclosure Statement, or
equivalents;

     (h) prepare any objection to claims in the Chapter 11; and

     (i) otherwise, represent the Debtor in general.

The firm's counsel and staff will be paid at these hourly rates:

     Donald Calaiaro, Partner    $550
     David Valencik, Partner     $450
     Andrew Pratt, Partner       $375
     Daniel White, Partner       $350
     Paralegals                  $130

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

The firm received a total retainer of $14,742.74, including filing
fee, from the Debtor.

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

The firm can be reached through:

     David Z. Valencik, Esq.
     Calaiaro Valencik
     555 Grant Street, Suite 300
     Pittsburgh, PA 15219
     Telephone: (412) 232-0930
     Facsimile: (412) 232-3858
     Email: dvalencik@c-vlaw.com

              About Cicc & Sons Investments, LLC

Cicc & Sons Investments, LLC in Pittsburgh, PA, sought relief under
Chapter 11 of the Bankruptcy Code filed its voluntary petition for
Chapter 11 protection (Bankr. W.D. Pa. Case No. 26-20546) on Feb.
27, 2026, listing as much as $1 million to $10 million in both
assets and liabilities. Chris Ciccarelli as managing member, signed
the petition.

CALAIARO VALENCIK serve as the Debtor's legal counsel.


CIG MM: Voluntary Chapter 11 Case Summary
-----------------------------------------
Two affiliates that concurrently filed voluntary petitions for
relief under Chapter 11 of the Bankruptcy Code:

    Debtor                                     Case No.
    ------                                     --------
    CIG MM LLC                                 26-35306
    1405 N. Broad St.
    Suite 210
    Hillsdale, NJ 07025

    MSUR MM LLC                                26-35307
    1405 N. Broad St.
    Suite 210
    Hillsdale, NJ 07025

       Business Description: CIG MM LLC and MSUR MM LLC are
majority co-owners of Woodland Village Apartments, a 70-unit
residential garden apartment complex in Monticello, New York, under
a tenant-in-common agreement dated April 15, 2021. CIG MM LLC owns
25.75% of the property, MSUR MM LLC owns 62%, and non-debtor
Yahalom MM LLC owns the remaining 12.25%.

Chapter 11 Petition Date: March 24, 2026

Court: United States Bankruptcy Court
       Southern District of New York

Judge: Hon. Kyu Young Paek

Debtors' Counsel: Kevin Nash, Esq.
                  GOLDBERG WEPRIN FINKEL GOLDSTEIN LLP
                  125 Park Ave
                  New York, NY 10017-5690
                  E-mail: knash@gwfglaw.com

Each Debtor's
Estimated Assets: $1 million to $10 million

Each Debtor's
Estimated Liabilities: $1 million to $10 million

The petitions were signed by Yair Schneid as managing member.

The Debtors did not include lists of their 20 largest unsecured
creditors with the petitions.

Full-text copies of the petitions are available for free on
PacerMonitor at:

https://www.pacermonitor.com/view/YIAHZ3Q/CIG_MM_LLC__nysbke-26-35306__0001.0.pdf?mcid=tGE4TAMA

https://www.pacermonitor.com/view/YSZRC4Q/MSUR_MM_LLC__nysbke-26-35307__0001.0.pdf?mcid=tGE4TAMA


COSMETIC SOLUTIONS: TPG Twin Brook Marks $1.5MM 1L Loan at 56% Off
------------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $1,512,000 loan
extended to Cosmetic Solutions LLC to market at $663,000 or 44% of
the outstanding amount, according to TPG Twin Brook's 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured term loan extended to Cosmetic Solutions LLC. The 1L
Loan accrues interest at a rate of 4.00% PIK 4.00% per annum. The
1L Loan matures on Oct. 17, 2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Cosmetic Solutions LLC

Cosmetic Solutions LLC is a beauty and personal care products
company that  develops, manufactures or packages cosmetics and
related formulations for branded customers.


CROWN BOILER: Hires Nottingham Group as Chief Liquidation Officer
-----------------------------------------------------------------
Crown Boiler Co., LLC seeks approval from the U.S. Bankruptcy Court
for the Western District of Pennsylvania to employ The Nottingham
Group as chief liquidation officer.

The firm will provide these services:

   (i) coordinate all activities of the Debtor's businesses,
including cash management and monitoring of Debtor's day to day
operations in liquidation;

   (ii) coordinate on behalf of the Debtor regarding the financial
aspects of Debtor's business, including, but not limited to, a
review and assessment of financial information that has been, and
will be, provided by the Debtor to its creditors, including short
and long-term projected budgets;

   (iii) analyze the Debtor's operations and financial position and
provide recommendations with respect to financial restructuring or
dispositions of assets;

   (iv) evaluate strategic alternatives to maximize the value of
Debtor's assets, enterprise or operations and, as necessary, to
develop a plan of reorganization or liquidation;

   (v) serve as a principal contact for the Debtor with the
Debtor's creditors with respect to the Debtor's financial and
operational matters;

   (vi) provide information and analyses for inclusion in
Bankruptcy Court filings and testimony related thereto;

   (vii) support negotiations with the various creditor and other
constituents in the Bankruptcy Case;

   (viii) prepare any and all monthly financial reports as required
of a debtor-in-possession and other financial reporting required by
the Office of the United States Trustee on behalf of the Debtor;

   (ix) coordinate all activities on behalf of the Debtor in
connection with any refinancing, capital raising and sale process
for the Debtor; and

   (x) with the assistance of personnel of the Debtors, prepare or
amend, as the case may be, the schedules and financial affairs on
behalf of each of the Debtor.

The firm will be paid at these rates:

     James S. Fellin, CPA CFE CFF  $395 per hour
     Senior Consultants            $185 to $225 per hour
     Staff Consultants             $125 to $175 per hour

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

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

The firm can be reached at:

     James S. Fellin
     The Nottingham Group
     6000 Town Center Blvd. Suite 106
     Canonsburg, PA 15317
     Telephone: (413) 288-9948

              About Crown Boiler Co., LLC

Crown Boiler Co., incorporated in 1958 and based in Pennsylvania,
manufactures and distributes residential and commercial hydronic
heating products, including cast iron boilers, oil burners, and
operating controls, serving customers across the United States
through a network of regional wholesalers.

Crown Boiler Co. sought relief under Chapter 11 of the U.S.

Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-20515) on February
25, 2026. In its petition, the Debtor reported assets ranging from
$10 million to $50 million and estimated liabilities in the same
range. The petition was signed by Nick Ribich as vice president and
chief financial officer.

The Debtor is represented by:

     Salene Kraemer, Esq.
     MAZURKRAEMER LAW GROUP
     314 Old Farm Rd.
     Pittsburgh PA 15228
     Telephone: (412) 427-7075
     E-mail: salene@mazurkraemer.com



CURIS INC: Stockholders OK Share Increase, 2026 Incentive Plan
--------------------------------------------------------------
Curis, Inc. held its Special Meeting of Stockholders, as a virtual
web conference at www.virtualshareholdermeeting.com/CRIS2026SM, at
which a quorum was present by proxy.

At the Special Meeting, the Company's stockholders approved the
Company's 2026 Incentive Plan under which awards may be made for up
to a number of shares of common stock, $0.01 par value per share,
of the Company equal to the sum of:

     (i) 6,407,374 shares of Common Stock;

    (ii) such additional number of shares of Common Stock (up to
3,474,867 shares) as is equal to the number of shares of Common
Stock reserved for issuance under the 2010 Plan that remain
available for grant under the 2010 Plan as of the date of the
Special Meeting and the number of shares of Common Stock subject to
awards granted under the 2010 Plan and the number of shares subject
to awards granted under the inducement grant exception under Nasdaq
Stock Market Rule 5635(c)(4), in each case, that are outstanding as
of the date of the Special Meeting and which awards expire,
terminate or are otherwise surrendered, cancelled, forfeited or
repurchased by the Company at their original issuance price
pursuant to a contractual repurchase right, and subject to the
terms of the 2026 Plan; and

   (iii) an annual increase to be added on the first day of each
fiscal year, beginning with the fiscal year ending December 31,
2027 and continuing for each fiscal year until, and including, the
fiscal year ending December 31, 2036, equal to the lesser of

(i) 5% of the sum of

      (a) the number of outstanding shares of Common Stock on such
date,

      (b) the number of shares of Common Stock issuable upon
conversion of any outstanding shares of convertible preferred stock
of the Company (without giving effect to any restrictions or
limitations on conversion) on such date,

      (c) the number of shares of Common Stock issuable upon the
exercise of pre-funded warrants (without giving effect to any
restrictions or limitations on conversion) issued by the Company as
of such date, and

      (d) the number of shares subject to outstanding awards
granted under the 2010 Plan, the Plan or as Inducement Awards as of
such date, and

(ii) an amount determined by the Board. Awards in the form of
"incentive stock options" may be granted with respect to a maximum
of 25,000,000 shares of Common Stock under the 2026 Plan.

The description of the 2026 Plan contained on pages 24 to 37 of the
Company's Proxy Statement for the Special Meeting of Stockholders,
filed with the Securities and Exchange Commission on February 19,
2026, is incorporated herein by reference. A complete copy of the
2026 Plan is available at https://tinyurl.com/3dds87e8

Restated Certificate of Incorporation

At the Special Meeting, the Company's stockholders also adopted and
approved an amendment to the Company's Restated Certificate of
Incorporation, as amended, to increase the number of authorized
shares of the Company's capital stock from 73,343,750 to
288,757,150 and the number of authorized shares of our common stock
from 68,343,750 to 283,757,150. The additional Common Stock
authorized by the Increase in Authorized Shares Certificate of
Amendment has rights identical to the Company's currently
outstanding Common Stock. The Company filed the Increase in
Authorized Shares Certificate of Amendment, which was effective
upon filing, with the Secretary of State of the State of Delaware
on March 17, 2026.

A full text of the Company's Restated Certificate of Incorporation
is available at https://tinyurl.com/4sbtynw7

Issuance of Shares

Furthermore, in accordance with Nasdaq Listing Rules 5635(c) and
(d), the issuance of shares of Common Stock upon the conversion of
the Company's Series B Preferred Stock and upon the exercise of its
Series A Warrants, Series B Warrants and Series C Warrants (or, in
certain circumstances, upon the exercise of Pre-Funded Warrants)
was approved.

                         About Curis

Lexington, Mass.-based Curis, Inc. is a biotechnology company
focused on the development of emavusertib (CA-4948), an orally
available, small molecule inhibitor of Interleukin-1 receptor
associated kinase, or IRAK4. IRAK4 plays an essential role in the
toll-like receptor, or TLR, and interleukin-1 receptor, or IL-1R,
signaling pathways, which are frequently dysregulated in patients
with Cancer.

Boston, Mass.-based PricewaterhouseCoopers, the Company's auditor
since 2002, 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 incurred recurring losses and cash outflows from operations
that raise substantial doubt about its ability to continue as a
going concern.

As of September 30, 2025, the Company had $27.6 million in total
assets, $42.3 million in total liabilities, and $14.7 million in
total stockholders' deficit.


CUSTOM AGRONOMICS: TPG Twin Brook Marks $2.9M 1L Loan at 76% Off
----------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $2,976,000 loan
extended to Custom Agronomics Holdings, LLC to market at $729,000
or 24% of the outstanding amount, according to TPG Twin Brook's
10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S.
Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan  extended to Custom Agronomics
Holdings, LLC. The 1L Loan accrues interest at a rate of S + 6.50 %
10.33 % per annum. The 1L Loan matures on Aug. 30, 2027.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Custom Agronomics Holdings, LLC

Custom Agronomics Holdings, LLC  a specialized manufacturer and
private-label partner serving the agriculture and turf markets
nationwide.



CYPRESSWOOD TX: Hires Williams Mullen as Special Counsel
--------------------------------------------------------
Cypresswood Tx Realty LLC seeks approval from the U.S. Bankruptcy
Court for the Eastern District of New York to employ Williams
Mullen as special counsel.

The firm will advise and assist the Debtor with respect to the sale
of the real property located at 10851 Crescent Moon Dr, Houston,
Texas 77064.

The firm will be paid at these rates:

     Members        $885 per hour
     Associates     $425 per hour
     Paralegals     $250 per hour

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

James Thomas Bailey, Esq., a partner at Williams Mullen, disclosed
in a court filing that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     James Thomas Bailey, Esq.
     Williams Mullen
     200 South 10th Street, Suite 1600,
     Richmond, VA 23219
     Tel: (804) 420-6000

              About Cypresswood TX Realty

Cypresswood TX Realty LLC owns a single real estate asset located
at 10851 Crescent Moon Dr. in Houston, Texas.

Cypresswood TX Realty LLC sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. E.D.N.Y. Case No. 25-72833) on July
23, 2025.  In its petition, the Debtor reports total assets of
$12,500,000 and total liabilities of $9,539,121.

Honorable Bankruptcy Judge Alan S. Trust handles the case.

The Debtor is represented by Avrum J. Rosen, Esq., at Rosen,
Tsionis & Pizzo, PLLC.


DARE BIOSCIENCE: Issues 43,050 Investor Units in Reg A Offering
---------------------------------------------------------------
Dare Bioscience, Inc. disclosed in a regulatory filing that it
completed a closing of the 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, the Company issued an aggregate of 43,050
Investor Units consisting of 43,050 shares of Series A Preferred
Stock and Investor Warrants to purchase up to 86,100 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.

                    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.


DCA OUTDOOR: Seeks to Hire Forvis Mazars as Accountants
-------------------------------------------------------
DCA Outdoor, Inc. and affiliate seek approval from the U.S.
Bankruptcy Court for the Western District of Missouri to employ
Forvis Mazars as accountant.

The firm will assist with the preparation and filing of their 2025
tax returns.

The firm will be paid at these rates:

      Partner                            $455 to $750 per hour
      Managing Director / Director       $455 to $750 per hour
      Senior Manager                     $390 to $550 per hour
      Manager                            $320 to $475 per hour
      Senior Associate/Senior Consultant $235 to $385 per hour
      Associate / Consultant             $205 to $320 per hour

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

Luke Guettermann, CPA a director at Forvis Mazars, disclosed in a
court filing that the firm is a "disinterested person" as the term
is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Luke Guettermann
     Forvis Mazars
     Building III Suite LL
     800 State Highway 248
     Branson, MO 65616-4172
     Tel: (417) 334-5165

              About DCA Outdoor, Inc.

DCA Outdoor Inc. established in 2016, is a vertically integrated
green industry organization headquartered in Kansas City,
Missouri.

The Company 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 Inc. sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. W.D. Miss. Case No. 25-50053) on Feb. 20,
2025.  In its petition, the Debtor estimated assets up to $50,000
and estimated liabilities between $50 million and $100 million.

Bankruptcy Judge Cynthia A. Norton handles the case.

The Debtor tapped Larry E. Parres, at Lewis Rice LLC as counsel,
and Creative Planning, LLC and its affiliate BerganKDV as audit and
tax professionals.


DEL RAY II: Case Summary & Six Unsecured Creditors
--------------------------------------------------
Debtor: Del Ray II LLC
        5600 Mt. Solo Rd.
        Longview, WA 98632-9439

        Business Description: Del Ray II LLC is a Washington-based
company that owns and manages a mobile home park in Longview,
focusing on leasing residential lots and providing related property
management services.

Chapter 11 Petition Date: March 25, 2026

Court: United States Bankruptcy Court
       Western District of Washington

Case No.: 26-40834

Judge: Hon. Mary Jo Heston

Debtor's Counsel: Timothy J. Conway, Esq.
                  TONKON TORP LLP
                  1300 SW 5th Ave.
                  Suite 2400
                  Portland, OR 97201
                  Tel: 503-221-1440
                  Fax: 503-274-8779
                  Email: tim.conway@tonkon.com

Estimated Assets: $10 million to $50 million

Estimated Liabilities: $10 million to $50 million

The petition was signed by Brooke Torres as manager.

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

https://www.pacermonitor.com/view/AMFTUTY/Del_Ray_II_LLC__wawbke-26-40834__0001.0.pdf?mcid=tGE4TAMA

List of Debtor's Six Unsecured Creditors:

   Entity                          Nature of Claim    Claim Amount

1. Broer & Passannante, P.S.        Legal Services         $18,921
8904 NE Hazel Dell Ave.
Vancouver, WA 98665

2. Pioneer Energy Management          Submetering           $8,778
PO Box 2640
Westerville, OH 43086

3. All Season Lawn Care & Contractor  Landscaping           $5,675
807 Elizabeth Street
Kelso, WA 98626

4. Campos Landscaping                 Landscaping           $5,162
508 NW 133rd Street
Vancouver, WA 98685

5. Paylease, LLC dba Zego               Software              $500
c/o Global Payments, Inc.
3550 Lenox Rd. NE,
Ste. 3000
Atlanta, GA 30326

6. Public Utility Dist. No. 1            Utility               $50
of Cowlitz County
Ref: 5133311
PO Box 3007
Longview, WA 98632


DELANI CONSTRUCTION: Gets Interim OK to Use Cash Collateral
-----------------------------------------------------------
Delani Construction, LLC got the green light from the U.S.
Bankruptcy Court for the Northern District of Illinois, Eastern
Division, to use cash collateral to fund operations.

Under the court order, the Debtor is authorized to use cash
collateral through April 3 in accordance with its 60-day budget
outlining anticipated income and expenses.

All of the rights of secured creditors in the cash collateral are
reserved and preserved, according to the order.

The secured creditors with interests in the cash collateral are
Itria Ventures, LLC, BMO Bank, N.A., and the U.S. Small Business
Administration.

The Debtor said it requires immediate access to cash collateral to
pay essential business expenses, including utilities, to avoid
ceasing operations.

Delani filed Chapter 11 petition on Jan. 27 to reorganize its debts
and continue operations, thereby preventing liquidation.

The next hearing is set for April 1. The deadline for filing
objections is on March 30.

The order is available at https://is.gd/IPNTHO from
PacerMonitor.com.

                   About Delani Construction LLC

Delani Construction, LLC is a construction firm based in Monee,
Illinois, specializing in residential construction, including
single-family homes, home additions, and remodeling. It operates
locally as a general contractor, providing services such as
framing, excavation, and site work.

Delani Construction sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D. Ill. Case No. 26-01384) on January 27,
2026. In its petition, the Debtor reports estimated assets and
liabilities between $1 million and $10 million.

Judge David D. Cleary oversees the case.

The Debtor is represented by Saulius Modestas, Esq., Modestas Law
Offices, P.C.


DONNA DISHER: Seeks to Hire Steidl and Steinberg PC as Counsel
--------------------------------------------------------------
Donna Disher Corporation seeks approval from the U.S. Bankruptcy
Court for the Western District of Pennsylvania to employ Steidl and
Steinberg, PC to handle its Chapter 11 case.

Christopher Frye, Esq., the primary attorney in this
representation, will be paid at his hourly rate of $400, plus
reimbursement.

The firm received a retainer totaling of $5,000, inclusive of
filing fee, from the Debtor.

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

The firm can be reached through:

     Christopher M. Frye, Esq.
     Steidl & Steinberg, PC
     Koppers Building, Suite 322
     436 Seventh Avenue
     Pittsburgh, PA 15219
     Telephone: (412) 391-8000
     Email: chris.frye@steidl-steinberg.com

              About Donna Disher Corporation

Donna Disher Corporation is a business entity engaged in commercial
operations and administrative services, providing operational
support within its business sector.

Donna Disher Corporation sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. Case No. 26-20648) on March 9, 2026. In its
petition, the debtor reports estimated assets between $0 and
$100,000 and estimated liabilities ranging from $100,001 to
$1,000,000.

The debtor is represented by Christopher M. Frye, Esq., of Steidl &
Steinberg, P.C.



DP LOUISIANA: Court Extends Cash Collateral Access to April 9
-------------------------------------------------------------
DP Louisiana, LLC received eighth interim approval from the U.S.
Bankruptcy Court for the Eastern District of Louisiana to use cash
collateral to fund its operations.

The eighth interim order authorized the Debtor to use cash
collateral through April 9.

The Debtor intends to use cash received from the sale of
hydrocarbons in which a secured creditor may assert security
interests pursuant to the Louisiana Oilwell Lien Act (LOWLA). It
has identified 26 creditors, which may possess lien rights against
the oil and gas leases and equipment it owns.   

As adequate protection, the LOWLA lienholders will be granted
perfected replacement liens on collateral as to which they had a
first priority lien as of the petition date, subject to the
carveout for certain fees; and junior perfected liens on the
collateral that is subject to a validly perfected lien with
priority over the LOWLA lienholders' liens as of the petition
date.

In case the replacement liens prove to be inadequate to protect the
LOWLA lienholders, an allowed superpriority administrative expense
claim will be granted to such lienholders, subject to the
carveout.

The eighth interim hearing is scheduled for April 9.

A copy of the eighth interim order and the Debtor's budget is
available at https://shorturl.at/coDrz from PacerMonitor.com.

                    About DP Louisiana LLC

DP Louisiana LLC is engaged in oil and gas extraction operations.
It is based in Louisiana and uses EAG Services in Houston, Texas,
for administrative support.

DP Louisiana sought relief under Subchapter V of Chapter 11 of the
U.S. Bankruptcy Code (Bankr. E.D. La. Case No. 25-11366) on June
30, 2025. In its petition, the Debtor reported between $1 million
and $10 million in assets and liabilities.

Judge Meredith S. Grabill handles the case.

The Debtor is represented by Douglas S. Draper, Esq., at Heller,
Draper & Horn, L.L.C.


DYKSTRAS AUTO: TPG Twin Brook Marks $1.9MM 1L Loan at 78% Off
-------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $1,992,000 loan
extended to Dykstras Auto LLC to market at $445,000 or 22% of the
outstanding amount, according to TPG Twin Brook's 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a loan
extended to Dykstras Auto LLC. The 1L Loan accrues interest at a
rate of S + 5.00% 8.69% per annum. The 1L Loan matures on Oct. 22,
2027.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

            About Dykstras Auto LLC

Dykstras Auto LLC is an automotive sector borrower drawing on a
first-lien senior secured revolving facility, implying ongoing
working capital and liquidity needs tied to its auto operations.


EDDIE BAUER: Hires Stretto Inc. as Administrative Advisor
---------------------------------------------------------
Eddie Bauer LLC and affiliates seek approval from the U.S.
Bankruptcy Court for the District of New Jersey to employ Stretto,
Inc. as administrative advisor.

The firm's services include:

     (a) assist with, among other things, solicitation, balloting,
and tabulation of votes; and prepare any related reports, as
required in support of confirmation of a Chapter 11 plan;

     (b) prepare an official ballot certification and, if
necessary, testify in support of the ballot tabulation results;

     (c) assist with the preparation of the Debtor's schedules of
assets and liabilities and statements of financial affairs and
gather data in conjunction therewith;

     (d) manage and coordinate any distributions pursuant to a
Chapter 11 plan if designated as distribution agent under such
plan; and

     (e) provide such other solicitation, balloting and other
administrative services as may be requested from time to time by
the Debtor, the Bankruptcy Court or the Office of the Clerk of the
Bankruptcy Court.

The firm will be paid an advance fee in the amount of $100,000.

Sheryl Betance, a senior managing director at Stretto, 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:

     Sheryl Betance
     Stretto, Inc.
     410 Exchange, Suite 100
     Irvine, CA 92602

              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. Kirkland & Ellis LLP and Kirkland & Ellis International LLP as
counsel. GBH SOLIC Holdco, LLC d/b/a SOLIC Capital Advisors as
investment banker. Stretto, Inc. as administrative advisor.



EDDIE BAUER: Seeks to Hire Cole Schotz P.C. as Counsel
------------------------------------------------------
Eddie Bauer LLC and affiliates seek approval from the U.S.
Bankruptcy Court for the District of New Jersey to employ Cole
Schotz P.C. as counsel.

The firm's services include:

   (a) advising the Disinterested Managers of the Board of Managers
of SPARC EB Holdings LLC, Eddie Bauer LLC and Eddie Bauer Gift Card
Services LLC (a) as to the existence of any potential claims or
causes of actions against insider and affiliated entities and (b)
whether the Debtors should retain, release or seek to settle any
such potential claims or causes of action;

   (b) providing the Debtors with advice, based on its extensive
experience practicing in the District of New Jersey, regarding the
Debtors' rights, powers, and duties as debtors in possession in
continuing to operate and manage their assets and business;

   (c) providing legal advice and services regarding local rules,
practices and procedures including Third Circuit law;

   (d) providing certain services in connection with the
administration of the Chapter 11 Cases including, without
limitation, preparing agendas, hearing notices, and hearing binders
of documents and pleadings;

   (e) advising the Debtors with respect to their reporting
obligations and duties as debtors in possession, including
reporting obligations to the Court and the United States Trustee
(e.g., preparing monthly operating reports, schedules and statement
of financial affairs, U.S. Trustee deliverables);

   (f) preparing pleadings, motions, and applications related to
bankruptcy administrative matters and any other matter that the
Debtors determine can be more efficiently performed by Cole
Schotz;

   (g) reviewing and commenting on proposed drafts of other
pleadings to be filed with the Court;

   (h) appearing in Court and at any meeting with the United States
Trustee and any meeting of creditors;

   (i) providing legal advice and services on any matter on which
Kirkland & Ellis may have a conflict or as needed based on
specialization; and

   (j) responding to creditor and party-in-interest inquiries
directed to Cole Schotz.

The firm will be paid at these rates:

     Members           $670 to $1,800 per hour
     Special Counsel   $700 to $950 per hour
     Associates        $400 to $765 per hour
     Paralegals        $330 to $485 per hour

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

During the 90 days prior to the Petition Date, the Debtors paid
Cole Schotz $198,862.00 representing Cole Schotz's fees for
services rendered and expenses incurred including the filing fees
for the Chapter 11 petitions. As of the Petition Date, Cole Schotz
was holding on behalf of the Debtors, a retainer in the amount of
$421,138.

The following is provided in response to the request for additional
information set forth in Paragraph D.1. of the U.S. Trustee
Guidelines:


   Question: Did you agree to any variations from, or alternatives
to, your standard or customary billing arrangements for this
engagement?

   Response: No.

   Question: Do any of the professionals included in this
engagement vary their rate based on the geographic location of the
bankruptcy case?

   Response: No.

   Question: If you represented the client in the 12 months
prepetition, disclose your billing rates and material financial
terms for the prepetition engagement, including any adjustments
during the 12 months prepetition. If your billing rates and
material financial terms have changed postpetition, explain the
difference and the reasons for the difference.

   Response: Cole Schotz began providing restructuring services to
the Debtors approximately one month prior to the Petition Date.
During that time, Cole Schotz did not raise its billing rates. The
material financial terms for the pre-petition engagement remain the
same as those disclosed in the Application, as that engagement was
undertaken on an hourly-fee basis.

   Question: Has your client approved your prospective budget and
staffing plan, and, if so for what budget period?

   Response: Yes. Pursuant to the Interim Cash Collateral Order,
the Debtors must furnish regular budget and variance reports, which
include detail regarding the fees and expenses incurred by the
proposed professionals of the Debtors in these Chapter 11 Cases.

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

The firm can be reached at:

     Michael D. Sirota, Esq.
     Warren A. Usatine, Esq.
     Felice R. Yudkin, Esq.
     Cole Schotz P.C.
     Court Plaza North, 25 Main Street
     Hackensack, NJ 07601
     Tel: (201) 489-3000
     Email: msirota@coleschotz.com
            wusatine@coleschotz.com
            fyudkin@coleschotz.com

              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. Kirkland & Ellis LLP and Kirkland & Ellis International LLP as
counsel. GBH SOLIC Holdco, LLC d/b/a SOLIC Capital Advisors as
investment banker. Stretto, Inc. as administrative advisor.


EDDIE BAUER: Seeks to Hire GBH SOLIC Holdco as Investment Banker
----------------------------------------------------------------
Eddie Bauer LLC and affiliates seek approval from the U.S.
Bankruptcy Court for the District of New Jersey to employ GBH SOLIC
Holdco, LLC d/b/a SOLIC Capital Advisors as investment banker.

The firm will provide these services:

   (a) review of the business, assets, operations, and historical
and projected financial condition of the Debtors' stores, including
any capital requirements, financial models, store footprint, and
lease portfolio optimization plans, "four-wall" analyses, and KPI
trends (e.g., traffic counts, turnover, FTEs, etc.);

   (b) develop a new marketing strategy, in consultation with the
Debtors, for pursuing a sale of the Debtors' stores;

   (c) identify, qualify, and solicit a list of prospective
purchasers regarding their interest in acquiring the Debtors'
stores;

   (d) prepare an informational disclosure package describing the
Debtors' stores, including their operations and assets, historical
performance, and future prospects for distribution to prospective
purchasers;

   (e) establish, populate, and maintain an electronic data room to
facilitate due diligence with prospective purchasers;

   (f) coordinate due diligence conducted by prospective
purchasers;

   (g) request, review, and evaluate proposals for the acquisition
of the Debtors' stores and assist in negotiating the terms of such
proposals, including providing advice as to the strategy and
tactics of negotiations with prospective purchasers;

   (h) assist the Debtors in negotiating and structuring
transaction agreements for the sale of the Debtors' stores;

   (i) meet with the Debtors' board of directors and any committee
thereof, if requested, to discuss any proposed transaction and its
financial implications; and

   (j) provide other customary financial advisory services in
connection with the planning, execution, and closing of a sale
transaction as may be reasonably requested by the Debtors from time
to time.

The firm will be paid at these fees:

   (a) Monthly Fee. The Debtors shall pay SOLIC a non-refundable
monthly fee (the "Monthly Fee") in the amount of $100,000 for
services provided during these chapter 11 cases;

   (b) Sale Transaction Fee. Upon the closing of any Sale
Transaction, SOLIC will be paid via wire transfer an amount equal
to the greater of: (i) 3.0% of the Aggregate Gross Consideration
(as defined in the Engagement Letter) and (ii) $750,000 (the "Sale
Transaction Fee");

   (c) Liquidation Fee. In the event a Sale Transaction is not
consummated, and the Debtors proceed to liquidate the inventory and
store-related assets, SOLIC shall be paid a liquidation fee of
$300,000 (the "Liquidation Fee"); and

   (d) Expenses. In addition to all of the other fees and expenses
described in the Engagement Letter, and regardless of whether any
Sale Transaction is consummated, the Debtors shall, within five (5)
business days of receipt of an invoice, reimburse SOLIC for its
reasonable and documented out-of-pocket expenses incurred from time
to time in connection with its services under the Engagement
Letter. SOLIC bills its clients for its reasonable and documented
actual out-of-pocket expenses including, but not limited to (i)
travel-related and certain other expenses and (ii) research,
database, and similar information charges paid to third party
vendors, and reprographics expenses, to perform client-related
services that are not capable of being identified with, or charged
to, a particular client or engagement in a reasonably practicable
manner, based upon a uniformly applied monthly assessment or
percentage of the fees due to SOLIC. Notwithstanding the foregoing,
under the Engagement Letter, any reasonable and documented
out-of-pocket expenses exceeding $10,000 per month require advance
written consent of the Debtors.

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

The firm can be reached at:

     Reid Snellenbarger
     GBH SOLIC Holdco, LLC
     d/b/a SOLIC Capital Advisors
     444 West Lake Street Suite 2450
     Chicago, IL 60606
     Tel: (312) 471-6575

              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. Kirkland & Ellis LLP and Kirkland & Ellis International LLP as
counsel. GBH SOLIC Holdco, LLC d/b/a SOLIC Capital Advisors as
investment banker. Stretto, Inc. as administrative advisor.


EDDIE BAUER: Seeks to Hire Kirkland & Ellis as Counsel
------------------------------------------------------
Eddie Bauer LLC and affiliates seek approval from the U.S.
Bankruptcy Court for the District of New Jersey to employ Kirkland
& Ellis LLP and Kirkland & Ellis International LLP as counsel.

The firm's services include:

   a. advising the Debtors with respect to their powers and duties
as debtors in possession in the continued management and operation
of their businesses and properties;

   b. advising and consulting on the conduct of these chapter 11
cases, including all of the legal and administrative requirements
of operating in chapter 11;

   c. attending meetings and negotiating with representatives of
creditors and other parties in interest;

   d. taking all necessary actions to protect and preserve the
Debtors' estates, including prosecuting actions on the Debtors'
behalf, defending any action commenced against the Debtors, and
representing the Debtors in negotiations concerning litigation in
which the Debtors are involved, including objections to claims
filed against the Debtors' estates;

   e. preparing pleadings in connection with these chapter 11
cases, including motions, applications, answers, orders, reports,
and papers necessary or otherwise beneficial to the administration
of the Debtors' estates;

   f. representing the Debtors in connection with obtaining
authority to continue using cash collateral and postpetition
financing;

   g. advising the Debtors in connection with any potential sale of
assets;

   h. appearing before the Court and any appellate courts to
represent the interests of the Debtors' estates;

   i. advising the Debtors regarding tax matters;

   j. taking any necessary action on behalf of the Debtors to
negotiate, prepare, and obtain approval of a disclosure statement
and confirmation of a chapter 11 plan and all documents related
thereto; and

   k. performing all other necessary legal services for the Debtors
in connection with the prosecution of these chapter 11 cases,
including: (i) analyzing the Debtors' leases and contracts and the
assumption and assignment or rejection thereof; (ii) analyzing the
validity of liens against the Debtors' assets; and (iii) advising
the Debtors on corporate and litigation matters.

The firm will be paid at these rates:

     Partners           $1,395 to $2,975 per hour
     Of Counsel         $875 to $2,495 per hour
     Associates         $825 to $1,775 per hour
     Paraprofessionals  $385 to $775 per hour

On October 1, 2025, the Debtors paid $100,000 to Kirkland as
special purpose retainer. Subsequently, the Debtors paid to
Kirkland additional special purpose retainer totaling $6,141,619.81
in the aggregate.

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

The following is provided in response to the request for additional
information set forth in Paragraph D.1. of the Revised UST
Guidelines:

   a. Question: Did Kirkland agree to any variations from, or
alternatives to, Kirkland's standard billing arrangements for this
engagement?

   Answer: No. Kirkland and the Debtors have not agreed to any
variations from, or alternatives to, Kirkland's standard billing
arrangements for this engagement. The rate structure provided by
Kirkland is appropriate and is not significantly different from (a)
the rates that Kirkland charges for other non-bankruptcy
representations or (b) the rates of other comparably skilled
professionals.

   b. Question: Do any of the Kirkland professionals in this
engagement vary their rate based on the geographic location of the
Debtors' chapter 11 cases?

   Answer: No. The hourly rates used by Kirkland in representing
the Debtors are consistent with the rates that Kirkland charges
other comparable chapter 11 clients, regardless of the location of
the chapter 11 case.

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

   d. Question: Have the Debtors approved Kirkland's budget and
staffing plan, and, if so, for what budget period?

   Answer: Yes, for the period beginning on or around February 9,
2026, and ending on or around May 9, 2026.

Mr. Fagen disclosed in a court filing that the firms are
"disinterested persons" within the meaning of Section 101(14) of
the Bankruptcy Code.

The firm can be reached through:

     Matthew C. Fagen, Esq.
     Kirkland & Ellis LLP
     Kirkland & Ellis International LLP
     601 Lexington Avenue
     New York, NY 10022
     Telephone: (212) 446-4800
     Facsimile: (212) 446-4900
     Email: matthew.fagen@kirkland.com

              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. Kirkland & Ellis LLP and Kirkland & Ellis International LLP as
counsel. GBH SOLIC Holdco, LLC d/b/a SOLIC Capital Advisors as
investment banker. Stretto, Inc. as administrative advisor.


ELANCO ANIMAL: Moody's Alters Outlook on 'Ba2' CFR to Positive
--------------------------------------------------------------
Moody's Ratings affirmed the ratings of Elanco Animal Health
Incorporated (Elanco), including the Ba2 Corporate Family Rating,
Ba2-PD Probability of Default Rating, Ba1 senior secured bank
credit facility ratings, B1 senior unsecured notes rating and the
Ba1 backed senior secured bank credit facility rating issued by
Elanco Financing (Netherlands) B.V. The speculative grade liquidity
rating is unchanged at SGL-1. At the same time, Moody's revised the
outlook to positive from stable.

"The outlook change to positive reflects Moody's expectations for
continued growth in Elanco's newer products, driving earnings
growth and cash flow expansion that increase the potential for an
upgrade over the next 12 to 18 months," stated Michael Levesque,
Moody's Ratings Senior Vice President.

Elanco's growing products include Credelio Quattro (an
antiparasitic) and Zenrelia (for allergic itch and inflammation),
which support the company's target of 4-6% organic revenue growth
in 2026. A recent approval, Befrena, also treating allergic itch
and inflammation, will strengthen Elanco's dermatology portfolio,
although its phased launch will not begin until the second half of
2026. The company has a target of reaching net debt/EBITDA of below
3.0x by 2027, which Moody's estimates amounts to roughly 4.0x on
Moody's gross leverage basis.

RATINGS RATIONALE

Elanco's Ba2 rating reflects its good position in the global animal
health industry, with annual revenue of over $4.5 billion. Revenue
is diverse by product, species and geography. Moody's expects
improving organic growth as Elanco's newest products, including
Zenrelia and Credelio Quattro, gain increasing market share. Cash
flow will steadily expand due to earnings growth and declining
integration and restructuring expenses. The rating reflects
favorable characteristics of the animal health market, which has
lower business risk than other healthcare sectors and good
long-term growth prospects.

These strengths are tempered by moderately high financial leverage,
notwithstanding ongoing debt reduction. On Moody's basis, gross
debt/EBITDA was 4.5x as of December 31, 2025, but Moody's
anticipates steady reduction in line with management's target of
below 3.0x net leverage by 2027. Elanco's recent launches are
gaining traction, but as new products they face commercial
execution risk. Finally, Elanco's top-line growth is solid, but
investment in product launches and tariff costs will impede margin
expansion.

The outlook is positive, reflecting the potential for an upgrade if
Elanco continue to achieves strong growth in its new product
portfolio and continues reducing debt.

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

Factors that could lead to an upgrade include good uptake of new
products, solid top-line growth and margin expansion, and continued
focus on debt reduction. Quantitively, debt/EBITDA sustained below
4.25x could lead to an upgrade.

Factors that could lead to a downgrade include sustained
below-market growth, significant margin deterioration, or
debt-funded acquisitions. Quantitatively, debt/EBITDA sustained
above 4.75x could lead to a downgrade.

Headquartered in Indianapolis, Indiana, Elanco Animal Health
Incorporated is a global manufacturer of animal health products.
The company develops, manufactures, and markets pharmaceutical
products including vaccines, medicinal feed additives, and
preventive medicines for farm animals and pets. For the 12 months
ended December 31, 2025, Elanco's revenues totaled approximately
$4.7 billion.

The principal methodology used in these ratings was Manufacturing
published in September 2025.

The net effect of any adjustments applied to rating factor scores
or scorecard outputs under the primary methodology(ies), if any,
was not material to the ratings addressed in this announcement.


EMC GLOBAL: Case Summary & Five Unsecured Creditors
---------------------------------------------------
Debtor: EMC Global Investments, LLC
        14798 Golden Jax Lane
        Delray Beach, FL 33446

        Business Description: EMC Global Investments, LLC is a
single-asset real estate entity that holds an equitable interest in
a single-family residential property in Highland Beach, Florida,
appraised at approximately $3.3 million. The company's operations
are limited to ownership of the property at 4226 Tranquility
Drive.

Chapter 11 Petition Date: March 25, 2026

Court: United States Bankruptcy Court
       Southern District Florida

Case No.: 26-13643

Debtor's Counsel: Bruce Duke, Esq.
                  DUKE LAW FIRM
                  788 Shrewsbury Avenue
                  Eatontown, NJ 07724
                  Tel: (732) 200-9084
                  Email: bruce@bdukelawfirm.com

Total Assets: $3,300,684

Total Liabilities: $2,538,563

The petition was signed by Eneida Maskuti as managing member.

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

https://www.pacermonitor.com/view/H7WEBOQ/EMC_GLOBAL_INVESTMENTSLLC__flsbke-26-13643__0001.0.pdf?mcid=tGE4TAMA


ENDO INT'L: Pre-Filing Injunction Against PI Claimant Okayed
------------------------------------------------------------
The Hon. James L. Garrity, Jr. of the U.S. Bankruptcy Court for the
Southern District of New York granted the request for injunction
filed by Patrick J. Bartels, Jr., solely in his capacity as Plan
Administrator for Endo International plc and its debtor affiliates,
barring Charles Elliott Anderson, Jr. from making new filings in
the Chapter 11 Cases without first obtaining leave from the Court
to do so.

In these Chapter 11 Cases, the Confirmation Order is final and
non-appealable, and the Plan has gone effective. Under the Plan,
Patrick J. Bartels, Jr. is the administrator for the
post-confirmation debtors Endo International plc and its Debtor
affiliates  (the "Remaining Debtors"). Edgar C. Gentle, III (the
"PI Trustee") is the trustee of the Endo Opioid Personal Injury
Trust (the "PI Trust") formed under the Plan.

Charles Elliott Anderson, Jr. is a self-described "surviving
victim" and personal injury claimant in these Chapter 11 Cases.
Under the Plan, Mr. Anderson holds an allowed Class 7A-PI Opioid
Claim in the sum of $5 million that will be satisfied on a pro rata
basis out of the proceeds of the Endo Opioid PI Trust, pursuant to
the Endo PI Trust Distribution Procedures. Mr. Anderson voted
against confirmation of the Plan.  Nonetheless, on his Ballot, he
elected to grant a third-party release in consideration for an
additional Plan payment -- Non-GUC Multiplier. Mr. Gentle has
advised Mr. Anderson that based on the funds available to satisfy
claims of Class 7A-PI Opioid Claimants, Mr. Anderson will receive
Plan payments on account of the Claim and Non-GUC Release,
aggregating well below the face amount of his Claim.

Mr. Anderson is not satisfied with his projected pay-out under the
Plan. Since the Plan's Effective Date, in pleadings filed in this
Court, including in two motions, Mr. Anderson is seeking immediate
payment of his Claim in full. The Court denied those demands
essentially on the grounds that by application of principles of res
judicata, Mr. Anderson is bound  by the Plan and Confirmation
Order. Mr. Anderson is appealing the orders denying the Anderson
Motions to the District Court.

Recently, Mr. Anderson redoubled his efforts to obtain preferential
treatment of his Claim in these Chapter 11 Cases. He filed his
Complaint commencing an adversary proceeding against the Plan
Administrator, and others, in which, for substantially the same
reasons cited in support of the Anderson Motions, he seeks to
by-pass the Plan, and compel immediate payment of his Claim in
full. The Adversary Proceeding is in its nascent stages.
Contemporaneously with the filing of the Complaint, Mr. Anderson
filed an application pursuant to 28 U.S.C. Sec. 1915 to proceed in
forma pauperis in the Adversary Proceeding, seeking leave to
prosecute this adversary proceeding without payment of the $350
filing  fee. The Court granted that application.

The Plan Administrator complains that Mr. Anderson refuses to
acknowledge he is bound by the Plan and Confirmation Order. He
asserts that in seeking payment of his Claim in full outside the
Plan, Mr. Anderson is engaging in vexatious and bad faith
litigation in support of claims for relief that are not grounded in
fact or law. In the motion before the Court, Mr. Bartels, not
individually but solely in his capacity as Plan Administrator for
the Remaining Debtors, seeks an injunction barring Mr. Anderson
from making additional filings in the Chapter 11 Cases without
first obtaining leave from this Court to do so. The proposed
injunction would stay prosecution of the Adversary Proceeding
pending resolution of the Appeals, but does not extend to the
matters pending in the District Court. Mr. Anderson is acting pro
se.

According to the Court, Mr. Anderson is bound by the Plan and
Confirmation Order; application of principles of res judicata
forecloses his demands for preferential treatment of his Claim in
these Chapter 11 Cases. Pursuant to section 105(a) of the
Bankruptcy Code, the Court has the equitable power to enjoin the
prosecution of vexatious litigation intended to harass litigants
and interfere with the implementation of bankruptcy court orders.
The Court finds the Plan Administrator has met his burden of
demonstrating grounds for the entry of a narrowly-tailored
injunction prohibiting Mr. Anderson from making additional filings
in the Chapter 11 Cases without first obtaining leave of the Court
to do so, and staying prosecution of the Adversary Proceeding
pending resolution of  the Appeals.

A copy of the Court's Memorandum Decision and Order dated March 20,
2026, is available at http://urlcurt.com/u?l=kTNKxlfrom
PacerMonitor.com.

Counsel to the Plan Administrator Patrick J. Bartels:

Brian P. Maloney, Esq.
Catherine V. LoTempio, Esq.
SEWARD & KISSEL LLP
One Battery Park Plaza
New York, NY 10004
Email: lotempio@sewkis.com

                  About Endo International PLC

Endo International plc (OTC: ENDPQ) is a generics and branded
pharmaceutical company. It develops, manufactures, and sells
branded and generic products to customers in a wide range of
medical fields, including endocrinology, orthopedics, urology,
oncology, neurology, and other specialty areas. On the Web:
http://www.endo.com/     

Endo International and certain of its subsidiaries initiated
voluntary prearranged Chapter 11 proceedings (Bankr. S.D.N.Y. Lead
Case No. 22-22549) on Aug. 16, 2022.

On May 25, 2023, Operand Pharmaceuticals Holdco II Limited and
Operand Pharmaceuticals Holdco III Limited each filed a voluntary
Chapter 11 petition also in the U.S. Bankruptcy Court for the
Southern District of New York. On May 31, 2023, Operand
Pharmaceuticals II Limited and Operand Pharmaceutical III Limited
each filed a voluntary Chapter 11 petition also in the Southern
District of New York.

The Company's cases are jointly administered before the Honorable
James L. Garrity, Jr.

Endo initiated the financial restructuring process after reaching
an agreement with a group of its senior debtholders on a
transaction that would substantially reduce outstanding debt,
address remaining opioid and other litigation-related claims, and
best position Endo for the future. This would allow the Company to
advance its ongoing business transformation from a strengthened
financial position to create compelling value for its stakeholders
over the long term.

Endo's India-based entities are not part of the Chapter 11
proceedings. The Company has filed recognition proceedings in
Canada and expects to file similar proceedings in the United
Kingdom and Australia.

The Debtors tapped Skadden, Arps, Slate, Meagher & Flom, LLP as
legal counsel; PJT Partners, LP as investment banker; and Alvarez &
Marsal North America, LLC as financial advisor. Kroll Restructuring
Administration, LLC, is the claims agent and administrative
advisor. A Website dedicated to the restructuring is at
http://www.endotomorrow.com/     

Roger Frankel, the legal representative for future claimants in the
Chapter 11 cases, tapped Frankel Wyron LLP and Young Conaway
Stargatt & Taylor, LLP, as legal counsels, and Ducera Partners,
LLC, as investment banker.


ENDODONTIC PRACTICE: TPG Twin Brook Marks $1.9MM 1L Loan at 61% Off
-------------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $1,956,000 loan
extended to Endodontic Practice Partners, LLC to market at $765,000
or 39% of the outstanding amount, according to TPG Twin Brook's
10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S.
Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan  extended to Endodontic Practice
Partners, LLC. The 1L Loan accrues interest at a rate of S + 5.50 %
9.17 % per annum. The 1L Loan matures on Nov. 2, 2027.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Endodontic Practice Partners, LLC

Endodontic Practice Partners, LLC is a dental services organization
that operates and manages endodontic practices.


FAT BRANDS: Committee Hires Paul Hastings LLP as Counsel
--------------------------------------------------------
The official committee of unsecured creditors of Fat Brands Inc.
and affiliates seek approval from the U.S. Bankruptcy Court for the
Southern District of Texas to employ Paul Hastings LLP as counsel.

The services to be rendered by Paul Hastings as counsel to the
Committee are expected to include, without limitation, assisting,
advising, and representing the Committee with respect to the
following:

   (a) its rights, powers, and duties in the Chapter 11 Cases;

   (b) general oversight of the Chapter 11 Cases;

   (c) the Committee's evaluation and negotiation of any
post-petition financing, cash collateral usage, or exit financing;

   (d) the Committee's analysis of the Debtors' capital structure,
as well as other claims asserted against and interests asserted in
the Debtors;

   (e) the Committee's analysis of the assumption or rejection of
the Debtors' executory contracts and unexpired leases, as well as
any negotiations with respect to such contracts and leases;

   (f) the Committee's review of the Debtors' Schedules, Statements
of Financial Affairs, and other financial reports filed by the
Debtors;

   (g) the Committee's analysis and investigation of the acts,
conduct, assets, operations, and financial condition of the
Debtors;

   (h) the Committee's analysis and investigation of potential
estate claims and causes of action, including potential avoidance
actions arising under Chapter 5 of the Bankruptcy Code;

   (i) the Committee's evaluation, negotiation, and documentation
of any proposed sale of all or a portion of the Debtors' assets or
businesses, including any proposed bidding procedures, bids,
purchase agreements, and related pleadings and orders;

   (j) the Committee's evaluation, negotiation, confirmation, and
implementation of any chapter 11 plan, disclosure statement, and
related documentation that may be filed in the Chapter 11 Cases;

   (k) the preparation, on behalf of the Committee, of any
pleadings, motions, applications, orders, memoranda, complaints,
answers, objections, replies, responses, and other legal papers,
and the review and analysis of all other pleadings filed in
connection with the Chapter 11 Cases;

   (l) appearances in hearings, trials, adversary proceedings,
conferences, mediations, or other proceedings before this Court (or
any ancillary proceedings related to the Debtors before any other
court) on behalf of the Committee;

   (m) any consultations, meetings, and negotiations with the
Debtors, creditors, and other parties-in-interest on behalf of the
Committee;

   (n) communications with the Committee's constituents, consistent
with section 1102 of the Bankruptcy Code and otherwise; and

   (o) the performance of such other legal services as are
necessary to assist the Committee in discharging its duties and
responsibilities in connection with the Chapter 11 Cases.

The firm will be paid at these rates:

     Partners           $1,750 to $2,795 per hour
     Of Counsel         $1,625 to $2,450 per hour
     Associates         $825 to $1,695 per hour
     Paralegals         $325 to $730 per hour

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

Paul Hastings provides the following response to the request for
information set forth in Paragraph D.1. of the Appendix B
Guidelines.

   Question: Did you agree to any variations from, or alternatives
to, your standard or customary billing arrangements for this
engagement?

   Response: No.

   Question: Do any of the professionals included in this
engagement vary their rate based on the geographic location of the
bankruptcy case?

   Response: No.

   Question: If you represented the client in the 12 months
prepetition, disclose your billing rates and material financial
terms for the prepetition engagement, including any adjustments
during the 12 months prepetition. If your billing rates and
material financial terms have changed postpetition, explain the
difference and the reasons for the difference.

   Response: Not applicable.

   Question: Has your client approved your prospective budget and
staffing plan, and, if so, for what budget period?

   Response: The Committee and Paul Hastings expect to work
together to develop a budget and staffing plan for the Chapter 11
Cases.

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

The firm can be reached at:

     Gabriel Sasson, Esq.
     Paul Hastings LLP
     200 Park Avenue
     New York, NY 10166
     Tel: (212) 318-6000

              About Fat Brands Inc.

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 Café
& 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.


FAT BRANDS: Gets Interim OK for DIP Financing From UMB Bank
-----------------------------------------------------------
FAT Brands Inc. and its affiliated debtors received interim
approval from the U.S. Bankruptcy Court for the Southern District
of Texas to use cash collateral and obtain debtor-in-possession
financing to get through bankruptcy.

The $261 million DIP facility is structured to provide immediate
"new money" while providing the existing lenders with high-priority
status for their old debt through a "roll-up" mechanism. The
financing is split into two distinct facilities, both agented by
UMB Bank, NA:

   1. FBG DIP facility: Consists of $46 million in new money and a
$138 million roll-up of pre-petition FBG Notes.
   2. Twin DIP facility: Includes $30.9 million in new money and a
$92.7 million roll-up of pre-petition Twin Notes.

The deal utilizes a 3:1 roll-up ratio, meaning for every dollar of
new liquidity provided, three dollars of pre-petition debt are
converted into superpriority DIP loans. To preserve cash, the 12%
interest rate and various fees (upfront and backstop) are "payable
in kind", adding the costs to the loan balance rather than
requiring cash disbursements.

These facilities are provided by a group of pre-petition
noteholders and are designed to provide the incremental liquidity
necessary to maintain operations, meet payroll for thousands of
employees, and preserve the going-concern value of the Company's
2,200 restaurant locations.

A critical component of this financing is a concurrent Governance
Agreement reached through court-ordered mediation. Under this
agreement, the Debtors' chief executive officer will take a
temporary leave of absence, his family members' employment will be
terminated, and sole management authority will vest in a Special
Committee of independent directors. This shift in governance was a
prerequisite for the DIP Lenders to provide funding. The Debtors
argue that despite a robust marketing process, no other third-party
lenders were willing to provide financing on better terms, largely
due to a lack of unencumbered assets and the pre-petition lenders'
refusal to allow their liens to be "primed" (displaced in priority)
by a new lender.

The DIP facility also establishes an expedited sale process under
11 U.S.C. Section 363. The agreement includes strict milestones:
the Debtors must obtain bidding procedure approval by early April,
hold an auction by late April, and consummate a sale of
substantially all assets by May 4, 2026. The Debtors assert that
this timeline, while accelerated, is necessary given their funding
constraints and offers the best path to maximize estate value.
Without this infusion of capital, the Debtors warn they would be
forced into a disorderly liquidation under Chapter 7, causing
irreparable harm to franchisees, vendors, and employees.

The DIP facility is due and payable on the earliest of:

   1. May 8 (unless extended by lenders);
   2. The closing of an acceptable sale transaction;
   3. April 10, if a final Order has not been entered by the
court;
   4. The effective date of a confirmed Chapter 11 plan or any date
of loan acceleration following a default.

This DIP financing follows a period of extreme liquidity fragility
since their January 26 bankruptcy filing.

Before entering Chapter 11, FAT Brands operated under a complex
Whole Business Securitization model. This structure was divided
into four primary silos—GFG, Royalty, Fazoli's, and Twin—where
the Debtors' material revenue-generating assets, primarily
intellectual property and franchise royalties, were pledged to
secure various tranches of pre-petition notes.

The WBS Ad Hoc Group, represented by White & Case LLP, holds
approximately 78.8% of these pre-petition notes. This concentration
of power effectively blocked any third-party financing, as the
group refused to allow their existing liens to be "primed"
(displaced in priority) by outside lenders. Consequently, the
Debtors entered bankruptcy with almost no unencumbered cash,
relying entirely on the consensual use of "Cash Collateral" to
continue the operations of its 2,200 global locations.

To compensate pre-petition lenders for the "diminution in value" of
their collateral during the bankruptcy, the motion grants them a
robust Adequate Protection package. This includes adequate
protection liens, superpriority administrative claims, paying the
ongoing fees for the Ad Hoc Group's legal and financial advisors.

The final hearing is set for April 8.

The order is available at https://is.gd/eindY4 from
PacerMonitor.com.

            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.


FINCH THERAPEUTICS: Seeks to Sell Therapeutics Biz at Auction
-------------------------------------------------------------
Finch Therapeutics Group Inc. and its affiliates, seek permission
from the U.S. Bankruptcy Court for the District of Delaware, to
sell substantially all Assets at auction, free and clear of liens,
claims, interests, and encumbrances.

The Debtors previously operated as a clinical-stage microbiome
therapeutics research and development company with a focus on
biological therapeutics designed to deliver or replace microbes to
combat various diseases and restore health.

Economic and other circumstances forced the Debtors to discontinue
clinical trials of their flagship therapeutic product candidate in
2023, and the Debtors have since focused on maintaining their
intellectual property portfolio.

The Debtors have significantly scaled back operations, including by
reducing employee headcount to one full-time employee, but their
cash position has nevertheless been in decline due to litigation
and other expenses.

The Debtors engaged Rock Creek Advisors, LLC in February 2026 to
facilitate and conduct the marketing and sale process.

To preserve the value of the Debtors' estates— and to offer the
Debtors a chance to increase that value—the Debtors propose the
Bidding Procedures to the Bidding Procedures Order.

While the Debtors have not selected any stalking horse to serve as
a committed buyer of some or all of the Assets, the Bidding
Procedures provide the Debtors with flexibility to select a
Stalking Horse Bidder and grant bid protections prior to the Sale
Hearing.

The Debtors’ Assets consist of (a) an intellectual property
portfolio consisting of over 160 issued patents and pending patent
applications that are either owned or exclusively licensed—nearly
100 of which are directly owned by the Debtors, with the remainder
exclusively licensed from strategic partners including academic
institutions—encompassing both donor derived and
donor-independent microbiome therapeutics, together with any
proceeds from actions to enforce such intellectual property rights,
including in connection with jury verdict entered in the Debtors'
favor on August 15, 2024, for infringement of three (3) patents
against Ferring Pharmaceuticals Inc. and Rebiotix Inc. in the
United States District Court for the District of Delaware, which
remains subject to post-trial motions and expected appeals and (b)
a proprietary strain library consisting of microbial strains
isolated by the Company, together with associated research data.

Details of the key terms of the proposed Bidding Procedures are
also provided.  ttps://urlcurt.com/u?l=Vq3S9j

To facilitate the Sale, the Debtors seek authority to potentially
assume and assign to any acquirer in a Sale the Assumed Contracts
in accordance with the Assumption and Assignment Procedures.

          About Finch Therapeutics Group Inc.

Finch Therapeutics Group operates as a clinical-stage microbiome
therapeutics research and development company with a focus on
biological therapeutics designed to deliver or replace microbes to
combat various diseases and restore health.

Finch Therapeutics Group sought protection under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. D. Dela. Case No. 26-10409 (LSS) on
March 22, 2026.

Robert Alan Weber and Aaron Bach at Chipman Brown Cicero & Cole,
LLP, represent the Debtor as legal counsel.


FLEXACAR LLC: Conversion of Bankruptcy Case to Chapter 7 Affirmed
-----------------------------------------------------------------
In the appeal styled ELSHAN BAYRAMOV, Appellant, v. GERARD R.
VETTER, Appellee, Case No. 1:25-cv-144 (PTG/WBP) (E.D. Va.), Judge
Patricia Tolliver Giles of the U.S. District Court for the Eastern
District of Virginia affirmed a January 14, 2024 oral ruling and
January 17, 2025 order by the United States Bankruptcy Court for
the Eastern District of Virginia converting the bankruptcy case of
Flexacar LLC to Chapter 7.

Appellees in this matter are the United States Trustee and American
Credit Acceptance, LLC.

Flexacar is the commercial landlord of a building in Stafford,
Virginia worth $2.3 million. Atlantic Union Bank has a lien against
the commercial building to secure a $1.3 million debt. On December
6, 2023, Flexacar filed for Chapter 11 bankruptcy.

On December 10, 2024, Flexacar filed its Third Amended Disclosure
Statement and Third Amended Plan. In its Third Amended Disclosure
Statement, Flexacar described its assets as totaling approximately
$3.26 million and its debts totaling approximately $40 million. On
January 2, 2025, the U.S. Trustee objected to the Third Amended
Disclosure Statement. On January 13, 2025, the day before the
hearing on the Third Amended Disclosure Statement, Flexacar
supplemented its Third Amended Disclosure Statement with a list of
exhibits counsel intended to introduce at the hearing on January
14, 2025. During the January 14, 2025 hearing, the bankruptcy court
declined to consider the evidence filed the previous day. The
bankruptcy court found that the disclosure statement was inadequate
and converted the case to Chapter 7. On January 17, 2025, the
bankruptcy court entered an order memorializing its January 14 oral
ruling.

At issue on appeal is whether the bankruptcy court abused its
discretion in finding cause to convert the Chapter 11 proceedings
to Chapter 7. Flexacar argues that:

   (1) the bankruptcy court did not make sufficiently clear
findings of fact and conclusions of law as to why it converted the
case;
   (2) Flexacar's plan was not "patently unconfirmable; and
   (3) failing to allow Flexacar to present evidence that the plan
was feasible at the January 14, 2025 hearing was an abuse of
discretion.

At the November 19, 2024 hearing, the bankruptcy court informed
that parties that it would continue the motion to dismiss to
January 14, 2025, at which point, if a new disclosure statement
could not be approved, this case will be dismissed, or will be
converted to Chapter At the January 14,2025, hearing the bankruptcy
court found cause to convert the case to Chapter 7 bankruptcy based
on 11 U.S.C. Sec. 1112(b). The bankruptcy court stated that its
decision to convert the case was based on all the reasons that
counsel had put on the record during the January 14 hearing. These
reasons included that Flexacar's Chapter 11 plan was not feasible,
that funding for the plan was speculative, and that the disclosure
statement lacked an explanation of how the individuals purportedly
funding the plan would make required payments. Accordingly, the
District Court finds the bankruptcy court made sufficiently clear
findings of fact and conclusions of law and did not abuse its
discretion when it found that the Third Amended Disclosure
Statement did not include adequate information.

Flexacar argues that the bankruptcy court should have dismissed the
case instead of converting it. However, Flexacar presents this
argument only on appeal and did not raise it with the bankruptcy
court. Accordingly, Flexacar has waived this argument. According to
the District Court, even had it not, the bankruptcy court's
decision to proceed with conversion was not an abuse of discretion
because Flexacar's largest creditor, American Credit Acceptance,
supported conversion instead of dismissal at the January 14, 2025
hearing.

The District Court concludes that the bankruptcy court did not
abuse its discretion when it converted this case from Chapter 11
Bankruptcy to Chapter 7 Bankruptcy.

A copy of the Court's Memorandum Opinion and Order dated March 17,
2026, is available at http://urlcurt.com/u?l=s516rTfrom
PacerMonitor.com.

                       About Flexacar LLC

Flexacar LLC is the commercial landlord of a building in Stafford,
Virginia worth $2.3 million. Flexacar filed a Chapter 11 bankruptcy
petition (Bankr. W.D. Va. Case No. 23-11984) on Dec. 6, 2023. At
the time of filing, the Debtor estimated $500,001 to $1 million in
both assets and liabilities.

Judge Klinette H. Kindred presides over the case.

The Debtor tapped Jonathan B. Vivona, Esq., at Vivona Pandurangi,
PLC as legal counsel.

The case was converted to Chapter 7 on Jan. 17, 2025. Kevin R.
McCarthy is the Chapter 7 trustee.


FLEXACAR LLC: Court Tosses Bayramov Appeal in ACA Claim Dispute
---------------------------------------------------------------
Judge Patricia Tolliver Giles of the U.S. District Court for the
Eastern District of Virginia dismissed the appeal styled ELSHAN
BAYRAMOV, Appellant, v. AMERICAN CREDIT ACCEPTANCE, LLC, et al.,
Appellees, Case No. 1:25-cv-143 (PTG/WBP) (E.D. Va.).

This matter comes before the District Court on Appellee American
Credit Acceptance, LLC's Motion to Dismiss for Lack of Jurisdiction
Under 28 U.S.C. Sec. 158(a). On April 5, 2024, ACA filed a claim in
the Chapter 11 bankruptcy of Flexacar LLC. On November 17, 2024,
Flexacar objected to the claim. On January 21, 2025, the bankruptcy
court entered an order converting the case from Chapter 11
bankruptcy to Chapter 7, and a separate order dismissing the claim
objection as moot because of the conversion. The dismissal was made
without prejudice to a future Chapter 7 Trustee objecting to the
claim. On January 27, 2025, Elshan Bayramov, proceeding pro se,
filed a notice of appeal from the bankruptcy court's January 21,
2025 Order mooting the claim objection. On February 11, 2025,
Elshan Bayramov filed a Corrected Notice of Appeal, purporting to
appeal from the bankruptcy court's conversion order. Mr. Bayramov
has separately appealed from the bankruptcy's conversion order in
another case. That appeal was prosecuted by Flexacar LLC. This
matter proceeds solely on the grounds noticed in the first notice
of appeal.

Appellant Elshan Bayramov is a guarantor of certain obligations
related to the Flexacar LLC loan portfolio whose rights and
financial interests are directly implicated by the Bankruptcy
Court's decision to overrule Flexacar's claim objection as moot and
convert the case.

Appellant argues that the District Court has jurisdiction under
Sec. 158(a)(1) because the order overruling Flexacar's claim
objection as moot was a "final" order. However, Judge Giles
explains, "The order here lacks finality because it is moot. The
case has been converted and different procedures now apply to the
claim-objection process. The Chapter 7 Trustee has an obligation to
object to any claim it finds improper, and if it does not object,
Appellant can seek to object at that time. Thus, the order is not
appealable under Sec. 158(a)(1)."

According to the District Court, Appellant's claim objection is not
"forever extinguished," so there is no controlling question of law.
There is no room for differing opinions as this procedure is clear
from the statutes. The specific claim objection at issue is moot,
therefore its resolution cannot hasten resolution of the
litigation.

Because the District Court lacks jurisdiction to hear the appeal,
the case must be dismissed. Amendment would be futile because the
deficiencies in this appeal are fundamental, therefore the
dismissal is with prejudice. Accordingly, ACA's Motion to Dismiss
for Lack of Jurisdiction Under 28 U.S.C. Sec. 158(a) is granted.
This appeal is dismissed.

A copy of the Court's Order dated March 18, 2026, is available at
http://urlcurt.com/u?l=aDdRV4from PacerMonitor.com.

                      About Flexacar LLC

Flexacar LLC is the commercial landlord of a building in Stafford,
Virginia worth $2.3 million. Flexacar filed a Chapter 11 bankruptcy
petition (Bankr. W.D. Va. Case No. 23-11984) on Dec. 6, 2023. At
the time of filing, the Debtor estimated $500,001 to $1 million in
both assets and liabilities.

Judge Klinette H. Kindred presides over the case.

The Debtor tapped Jonathan B. Vivona, Esq., at Vivona Pandurangi,
PLC as legal counsel.

The case was converted to Chapter 7 on Jan. 17, 2025. Kevin R.
McCarthy is the Chapter 7 trustee.


FLOOF LLC: Court OKs Continued Use of Cash Collateral
-----------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Tennessee
granted Floof, LLC interim approval to use cash collateral.

Under the interim order, the Debtor is authorized to use cash
collateral for ordinary and necessary operating expenses, with up
to a 10% variance per budget item and overall. This authority
remains in effect through the next interim hearing set for April
14, unless modified earlier by the court.

As adequate protection, the court granted replacement liens on
post-petition assets to multiple potential secured creditors,
including entities such as EBF Holdings, LLC (Everest Business
Funding), Rapid Financial Solutions, and others. However, the Court
made no final determination regarding the validity or priority of
these liens, reserving all rights for future disputes.

The order also sets procedural requirements, including filing a
revised budget by April 7, and a deadline of April 10 for
objections.

A further interim hearing is scheduled for April 14.

                          About Floof LLC

Floof, LLC operates a pet grooming business.

Floof, LLC sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. M.D. Tenn. Case No. 25-05356) on December
19, 2025, listing up to $50,000 in assets and $100,001 to $500,000
in liabilities. Glen Watson, Esq., at Watson Law Group, PLLC serves
as Subchapter V trustee.

Judge Randal S. Mashburn presides over the case.

Keith L. Edmiston, Esq. at Edmiston Law Firm, PLLC represents the
Debtor as bankruptcy counsel.


GATEKEEPER SECURITY: Stephen Darr Named Subchapter V Trustee
------------------------------------------------------------
The U.S. Trustee for Region 1 appointed Stephen Darr of Huron
Consulting Group as Subchapter V trustee for Gatekeeper Security
Solutions, LLC.

Mr. Darr will be paid an hourly fee of $875 for his services as
Subchapter V trustee and will be reimbursed for work-related
expenses incurred.  

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

The Subchapter V trustee can be reached at:

     Stephen Darr
     Huron Consulting Group
     265 Franklin Street, Suite 402
     Boston MA 02110
     Phone: (617) 226-5593
     Email: sdarr@hcg.com  

              About Gatekeeper Security Solutions LLC

Gatekeeper Security Solutions, LLC sought protection under Chapter
11 of the U.S. Bankruptcy Code (Bankr. D.N.H. Case No. 26-10215) on
March 11, 2026, with $0 to $50,000 in assets and $100,001 to
$500,000 in liabilities.

Michael B. Fisher, Esq. at Fisher Law Offices, PLLC represents the
Debtor as legal counsel.


GENESIS HEALTHCARE: Negligence Claimants Oppose $6.5MM Bonus Plan
-----------------------------------------------------------------
Ben Zigterman of Law360 Bankruptcy Authority reports that a
coalition of negligence claimants has lodged an objection to
Genesis Healthcare's proposed revised bonus compensation plan,
contending that the requested $6.5 million in payouts is
unwarranted. The claimants argue that the plan fails to comply with
applicable standards governing incentive compensation in Chapter 11
cases.

The objection highlights concerns that the proposed bonuses are not
sufficiently performance-driven and instead resemble retention
payments. The claimants further argue that the debtor has not
provided adequate evidence demonstrating that the plan is necessary
to achieve restructuring goals or maximize value for stakeholders,
according to report.

As a result, the group is urging the court to deny approval of the
plan unless it is modified to include more stringent performance
metrics. They maintain that estate funds should be preserved for
creditor recoveries rather than allocated to questionable
compensation arrangements, 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.


GEORGES REALTY: To Sell Belmont Property to Lisa & Nick Therrien
----------------------------------------------------------------
Georges Realty, LLC, seeks approval from the U.S. Bankruptcy Court
for the District of New Hampshire, to sell Property, free and clear
of liens, claims, interests, and encumbrances.

The Debtor's Property that is up for sale is located at 82 Sunset
Drive, Belmont, New Hampshire.

The Debtor wants to sell the Property to Lisa and Nick J. Therrien
for the sum of $1,750,000, increased or decreased by adjustments
and pro-rations made thereto.

The Court has already scheduled a hearing on the Motion for Relief
from Automatic Stay filed by Chesapeake Capital Management, LLC,
which pertains to the Subject Property.

The sale of the Subject Property to the Buyer pursuant to the
Contract will maximize the value and mitigate the amount of any
deficiency claim held by Chesapeake. Accordingly, shortened notice
will promote the efficient administration of the case and will not
prejudice any party.

Contemporaneously, the Debtor sought and obtained an expedited
hearing date from the Court of April 1, 2026 at 10:00 a.m. pursuant
to LBR 9013-1(b) and (e) and served a notice of that hearing date
with this Motion. Pursuant to LBR 9013-1(e), the notice advised
recipients that the deadline to object to the Motion is “24 hours
prior to the hearing date” or March 31, 2026 at 10:00 a.m.

The Debtor proposes to pay from the gross proceeds of the sale the
commission due to Debtor’s real estate broker, Kara in the amount
of $ 52,500 and the Buyer’s broker in the amount of $35,000, the
New Hampshire Transfer Tax, and recording fees and the other costs,
expenses and other fees customarily and usually paid by sellers in
similar New Hampshire real estate transaction, and the real estate
taxes due to the Town of Belmont, New Hampshire.


          About Georges Realty LLC

Georges Realty, LLC manages and leases real estate properties
across multiple locations and is classified under NAICS 5311.

Georges Realty sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D.N.H. Case No. 25-10779) on November 4,
2025, listing between $1 million and $10 million in assets and
liabilities.

William S. Gannon, Esq. at William S. Gannon PLLC represents the
Debtor as legal counsel.


GURU HOLDING: Hires Backenroth Frankel & Krinsky as Counsel
-----------------------------------------------------------
Guru Holding, LLC seeks approval from the U.S. Bankruptcy Court for
the Southern District of New York to employ Backenroth Frankel &
Krinsky, LLP as counsel.

The firm will render these services:

     (a) provide the Debtor with legal counsel regarding its powers
and duties in the continued operation of its business and
management of its property during the Chapter 11 case;

     (b) prepare on behalf of the Debtor all necessary legal
documents which may be required with the Chapter 11 case;

     (c) provide the Debtor with legal services regarding
formulating and negotiating a plan of reorganization with
creditors; and

     (d) perform such other legal services for the Debtor as
required during the Chapter 11 case.

The firm will be paid at these rates:

     Abraham Backenroth, Attorney       $750 per hour
     Mark Frankel, Attorney             $695 per hour
     Scott Krinsky, Attorney            $650 per hour
     Paralegal                          $250 per hour
     
In addition, the firm will seek reimbursement for expenses
incurred.

On January 22, 2026, the Debtor paid the firm a $52,000 retainer.

Mr. Frankel 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:

     Mark Frankel, Esq.
     Backenroth Frankel & Krinsky, LLP
     488 Madison Avenue, Floor 23
     New York, NY 10022
     Tel: (212) 593-1100

              About Guru Holding

Guru Holding LLC is a New York-based real estate holding company
that owns and leases a 76-unit mid-rise residential apartment
building at 942-960 Avenue Saint John in the Bronx, NY, with the
property estimated at $17 million.

Guru Holding LLC in Bronx, 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. 26-10346) on Feb. 18, 2026,
listing $18,099,311 in assets and $10,754,139 in liabilities.
Emmanuel Ku as managing member, signed the petition.

Judge John P Mastando III oversees the case.

BACKENROTH FRANKEL & KRINSKY, LLP serve as the Debtor's legal
counsel.


H2 HOLDCO: TPG Twin Brook Marks $18.8MM 1L Loan at 25% Off
----------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $18,883,000 loan
extended to H2 Holdco, Inc to market at $14,179,000 or 75% of the
outstanding amount, according to TPG Twin Brook Capital Income
Fund's 10-K for the fiscal year ended Dec. 31, 2025, filed with the
U.S. Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a loan
extended to H2 Holdco, Inc. The 1L Loan accrues interest at a rate
of S + 6.00 % 10.13 % per annum. The 1L Loan matures on May 5,
2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About 2 Holdco, Inc.

H2 Holdco, Inc., doing business as H2 Health, provides health care
services. The Company offers senior and pediatric care, sports
medicine, post-operative orthopedic treatment, running
rehabilitation, prehabilitation, chronic disease management,
healthy lifestyle program, foot and ankle orthotics, therapy, and
other related services.


HARLEY EXTERIORS: TPG Twin Brook Marks $3.9MM 1L Loan at 30% Off
----------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $3,929,000 loan
extended to Harley Exteriors Acquisition, LLC to market at
$2,768,000 or 70% of the outstanding amount, according to TPG Twin
Brook’s 10-K for the fiscal year ended Dec. 31, 2025, filed with
the U.S. Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a loan
extended to Harley Exteriors Acquisition, LLC. The 1L Loan accrues
interest at a rate of S + 5.50 %, 9.34 % per annum. The 1L Loan
matures on Aug. 1, 2029.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

         About Harley Exteriors Acquisition, LLC

Harley Exteriors Acquisition LLC appears to be a home improvement
or building exteriors business.


HCH PROPERTY: Hires Bankruptcy Center as Legal Counsel
------------------------------------------------------
HCH Property Investments, LLC seeks approval from the U.S.
Bankruptcy Court for the Eastern District of Louisiana to employ
Derek Terrell Russ of the Bankruptcy Center of Louisiana to serve
as legal counsel in its Chapter 11 case.

The firm's services will include:

   (a) advising the Debtor as to its rights, duties, and powers as
Debtor-in-possession;

   (b) advising the Debtor regarding matters of bankruptcy law;

   (c) assisting the Debtor in the preparation and filing of all
necessary schedules, statements of financial affairs, reports,
motions, responses, or other filings or pleadings;

   (d) representing the Debtor at all meetings, hearings, or other
events that come before the Court or occur in the Debtor's case;

   (e) representing the Debtor in any matter involving contests
with secured or unsecured creditors, including the claims
reconciliation process;

   (f) consulting with the Debtor concerning the administration of
the Debtor's case;

   (g) advising, assisting, and representing the Debtor concerning
the formulation of, preparation and filing of, and confirmation of
any proposed plan(s), and solicitation of any acceptances or
responding to objections to such plan(s);

   (h) advising the Debtor concerning, and assisting in the
negotiation and documentation of, financing agreements, debt
restructurings, cash collateral arrangements, and related
transactions;

   (i) providing assistance, advice, and representation concerning
any possible sale of the Debtor's assets;

   (j) reviewing the nature and validity of liens asserted against
the property of the Debtor and advising the Debtor concerning the
enforceability of such liens;

   (k) providing assistance, advice, and representation concerning
any further investigation of the assets, liabilities, and financial
condition of the Debtor that may be required under local, state, or
federal law;

   (l) prosecuting or defending litigation matters and such other
matters that might arise during this Bankruptcy Case;

   (m) providing counseling and representation with respect to
assumption or rejection of executory contracts and leases, sales of
assets, and other bankruptcy-related matters arising under the
Bankruptcy Case;

   (n) representing the Debtor in all matters related to its labor
contracts and negotiations with unions, if needed;

   (o) pursuing avoidable transfers and transactions of the Debtor
on the Debtor's behalf;

   (p) performing such other legal services as may be necessary and
appropriate for the efficient and economical administration of this
Bankruptcy Case; and

   (q) performing such other legal services.

The firm will be paid at these rates:

     Derek Terrell Russ      $350 per hour
     Zsatia Willis           $75 per hour

The firm received from the Debtor an advance retainer in the amount
of $6,738, which includes the filing fee of $1,738 and a retainer
of $5,000.

Bankruptcy Center of Louisiana is a "disinterested person" within
the meaning of Section 101(14) of the Bankruptcy Code, according to
court filings.

The firm can be reached at:

     Derek Terrell Russ, Esq.
     Bankruptcy Center Of Louisiana
     700 Camp Street
     New Orleans, LA 70130
     Telephone: (504) 522-1717
     Facsimile: (504) 522-1715
     E-mail: derekruss@russlawfirm.net

              About HCH Property Investments, LLC

HCH Property Investments, LLC, filed a Chapter 11 bankruptcy
petition (Bankr. E.D. La. Case No. 26-10433) on Feb. 27, 2026. The
Debtor hires Bankruptcy Center of Louisiana as counsel.


HELPWARE INC: TPG Twin Brook Marks $5MM 1L Loan at 35% Off
----------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $5,061,000 loan
extended to Helpware, Inc to market at $3,266,000 or 65% of the
outstanding amount, according to TPG Twin Brook's 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to Helpware, Inc. The 1L
Loan accrues interest at a rate of S + 6.00% / 10.30% per annum.
The 1L Loan matures on Sept. 8, 2026.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

           About Helpware, Inc

Helpware, Inc. provides digital customer experience solutions. The
Company offers wide range of solutions such as digital customer
experience, content control and verification, back office support,
and AI operations for healthcare, fintech, ecommerce and retail,
gaming, and entertainment, on demand services, and social media
sectors.


HILLCREST VENTURES: Royal Business Bank Wins Bid for Automatic Stay
-------------------------------------------------------------------
Judge Martin R. Barash of the U.S. Bankruptcy Court for the Central
District of California will grant Royal Business Bank's motion for
relief from the automatic stay in the bankruptcy case of Hillcrest
Ventures, LLC.

The Debtor's co-managers are Hilldale Group, LLC and Forbix
Inglewood Venture, LLC.  Brian R. Massie is the manager of Hilldale
Group, LLC, and Emil Khodorkovsky is the manager of Forbix
Inglewood Venture, LLC.

The Debtor owns two parcels of real property located at 336 East
Hillcrest Boulevard (the "Main Property") and 324 East Hillcrest
Boulevard (the "Support Property") in Inglewood, California 90301.
The Main Property is improved with the structural remnants of an
office building.  The Debtor's business is to convert the former
office building into a 6-story building with 65 Class A apartment
units.  The conversion was substantially incomplete when the Debtor
ran out of funds and ceased construction sometime in 2024.  The
Debtor currently leases 100 square feet of the Main Property's roof
to T-Mobile USA, Inc. for a cell tower. That lease generates
$3,634.61 per month. This is the only income currently generated by
the Debtor.

The Debtor's construction lender is Royal Business Bank (the
"Bank"). On July 30, 2021, the Bank made a construction loan
evidenced by a "Secured Note" to the Debtor in the original
principal amount of $32,000,000. Prepetition, the Debtor defaulted
on its construction loan and the project remains incomplete. The
Bank asserts that, the Debtor defaulted on the Loan by, among other
bases, failing to pay the outstanding balance on the February 10,
2025 maturity date and failing to pay property taxes on the Main
Property.

On August 5, 2025, the Bank filed a civil complaint against the
Debtor, Massie and Khodorkovsky in the Los Angeles Superior Court
LASC Case No. 25STCV23075 (the "State Court Action"). On August 13,
2025, the Bank filed an ex parte motion for the appointment of a
receiver in the State Court Action.

On the same day that the Bank filed its receivership motion, the
Debtor filed a chapter 11 petition, staying the State Court Action
(the "Petition Date").  

On November 24, 2025, the Bank filed a proof of claim against the
Debtor, asserting a secured claim in the amount of $31,238,526.60
as of the Petition Date.

On November 10, 2025, the Bank filed a "Motion for Relief from the
Automatic Stay Under 11 U.S.C. Sec. 362 (the "Motion").  In the
Motion, the Bank seeks relief from the stay pursuant to Secs.
362(d)(1) and (d)(2) to foreclose upon and seek appointment of a
receiver of the Main Property pursuant to the Deed of Trust. In the
alternative, the Bank requests that the Court condition the stay on
the Debtor providing adequate protection.

In this case, the Debtor bears the burden of establishing that
adequate protection exists to protect the Bank's interest in its
collateral, i.e., the Main Property and the Materials.

After weighing the parties' competing appraisals and noting issues
with each, the Court determines that the Main Property's as-is fair
market value is $31,890,000 -- the midway between the two
appraisals.  The Court finds that the Bank's secured claim was
slightly oversecured on the petition date, but is now undersecured,
as a result of the accrual of postpetition interest under
Bankruptcy Code  section 506(b).

Accordingly, the Court will grant relief under section 362(d)(1),
finding that no equity cushion exists and that the Debtor is unable
to afford adequate protection payments. Further, the Court will
grant relief under section 362(d)(2), finding that the Debtor has
no equity in the property and that the Debtor has failed to meet
its burden to show the prospect of a successful reorganization
within a reasonable amount of time.  The Court will decline to
waive the 14-day stay applicable under Federal Rule of Bankruptcy
Procedure 4001(a)(4).

A copy of the Court's Memorandum of Decision dated March 19, 2026,
is available at http://urlcurt.com/u?l=GOoYYGfrom
PacerMonitor.com.

                  About Hillcrest Ventures LLC

Hillcrest Ventures LLC, a Calabasas, California-based real estate
developer, undertakes large-scale property projects that include
multifamily housing, mixed-use complexes and commercial
developments.

Hillcrest Ventures LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. C.D. Cal. Case No. 25-11472) on
August 13, 2025. In its petition, the Debtor reports estimated
assets and liabilities between $10 million and $50 million.

Honorable Bankruptcy Judge Martin R. Barash handles the case.

The Debtor is represented by Raymond H. Aver, Esq. at LAW OFFICES
OF RAYMOND H. AVER, A PROFESSIONAL.


HLSG INTERMEDIATE: TPG Twin Brook Marks $2.8MM 1L Loan at 64% Off
-----------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $2,811,000 loan
extended to HLSG Intermediate, LLC to market at $1,016,000 or 36%
of the outstanding amount, according to TPG Twin Brook's 10-K for
the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities
and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured delayed draw term loan extended to HLSG
Intermediate, LLC. The 1L Loan accrues interest at a rate of S +
5.25 % 9.08 % per annum. The 1L Loan matures on March 31, 2029.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About HLSG Intermediate, LLC

HLSG Intermediate, LLC is a provider of linen management services
to the healthcare and hospitality industries.


HNO INTERNATIONAL: Signs Securities Purchase Deal With CFI Capital
------------------------------------------------------------------
HNO International, Inc. disclosed in a regulatory filing that it
entered into a Securities Purchase Agreement with CFI Capital LLC,
pursuant to which the Company issued to the Buyer a Convertible
Redeemable Promissory Note in the aggregate principal amount of
$150,000, with a $12,000 original issue discount, resulting in a
purchase price of $138,000. The Buyer may deduct $5,000 for legal
fees from the proceeds at funding, resulting in net proceeds to the
Company of approximately $133,000.

The Note has a maturity date of March 12, 2027 and bears interest
at the rate of 8% per annum from the Issue Date. Beginning on the
six-month anniversary of the Issue Date, the outstanding principal
and accrued interest on the Note may be converted into shares of
the Company's common stock at a conversion price equal to 60% of
the lowest trading price of the Company's common stock for the 20
trading days prior to conversion (subject to certain adjustments,
including a conversion price equal to 50% of such price if a DTC
"Chill" is in effect and 45% upon an Event of Default). Conversions
are limited by a 4.99% beneficial ownership cap (increasable to
9.9% upon 61 days' prior notice).

The Company has agreed to irrevocably reserve 7,861,635 shares of
common stock for conversions under the Note and to maintain a share
reservation equal to five times the amount necessary for full
conversion.

The Note contains a most-favored-nation provision that permits the
Holder to elect more favorable terms if the Company issues
securities with better conversion discounts, lookback periods,
interest rates, original issue discounts, or prepayment rates to
other investors.

Full text copies of the Securities Purchase Agreement and the Note
are available at https://tinyurl.com/5fvhvafe and
https://tinyurl.com/k293p98u, respectively.

                      About HNO International

Headquartered in Murrieta, California, HNO International, Inc., a
Nevada corporation, focuses on systems engineering design,
integration, and product development to generate green
hydrogen-based clean energy solutions to help businesses and
communities decarbonize in the near term.

Cypress, Texas-based Barton CPA PLLC, the Company's auditor since
2024, issued a "going concern" qualification in its report dated
February 6, 2026, attached to the Company's Annual Report on Form
10-K for the year ended October 31, 2025, citing that the Company
has sustained significant losses and negative cash flows from
operations and has an accumulated deficit that raises substantial
doubt about its ability to continue as a going concern.

As of October 31, 2025, the Company had $1,731,020 in total assets,
$3,360,970 in total liabilities, and $1,629,950 in total
stockholders' deficit.


HOPEMAN BROTHERS: Disallowance of Liberty's Claim Affirmed in Part
------------------------------------------------------------------
In the appeal styled LIBERTY MUTUAL INSURANCE COMPANY, Appellant,
v. HOPEMAN BROTHERS, INC., et al., Appellees, Case No.
3:25-cv-00486-DJN (E.D. Va.), Judge David J. Novak of the U.S.
District Court for the Eastern District of Virginia affirms in part
and vacates in part the  order by United States Bankruptcy Judge
Keith L. Phillips disallowing and expunging a claim by Liberty
Mutual in the bankruptcy proceeding of Hopeman Brothers, Inc. This
matter is remanded to the Bankruptcy Court for further proceedings
consistent with this Order.

Liberty Mutual served as an insurer to Hopeman, a marine joiner
company, as well as to Hopeman subsidiaries throughout much of the
twentieth century. From the 1970s onward,
Liberty Mutual's insurance policies, along with those of other
insurers, were increasingly implicated by claims against Hopeman
involving injuries related to asbestos exposure.

Following several earlier agreements and subsequent rounds of
negotiations, Hopeman and Liberty Mutual signed three related
agreements on March 21, 2003.

Under the 2003 Agreements, Liberty Mutual committed itself to
funding the Trust with a series of substantial cash payments. In
exchange for these payments. Liberty Mutual received a full release
from coverage obligations relating to current and potential future
asbestos claims and effectuated a buyback of its pre-1989 Hopeman
policies. The Indemnification Agreement further mandated that the
Trust would "reimburse, indemnify and hold Liberty Mutual harmless
in connection with any and all Indemnified Claims."  These
"Indemnified Claims" were to include future settlements or
judgments asserting that Liberty Mutual owed moneys related to
asbestos-related claims involving Hopeman, as well as attorneys'
fees, costs and expenses incurred in defending against such claims.
According to Hopeman, the funds deposited into the Trust had been
fully exhausted as early as June 2021.

Hopeman filed for Chapter 11 bankruptcy in this District on June
30, 2024. Shortly afterwards, the Bankruptcy Court imposed a stay
through a series of interim orders that prohibited asbestos
claimants from asserting claims against Liberty Mutual and other
insurers. Following the third of these interim orders, the
Bankruptcy Court approved orders partially lifting this stay and
allowing certain claimants to pursue asbestos-related claims
directly against Liberty Mutual.

On November 4, 2024, Liberty Mutual filed a proof of claim against
Hopeman as part of its bankruptcy proceedings, asserting a claim
for legal fees incurred by Liberty Mutual as a result of its
participation in the bankruptcy proceedings.  It later amended its
Claim to include additional expenses.  Liberty Mutual's Amended
Claim asserts an entitlement to damages resulting from Hopeman's
purported breach of two duties under the Indemnification Agreement:
(1) to defend Liberty Mutual in asbestos claim-related direct
actions (the "Defense Obligation") and (2) to minimize the
potential of such actions arising in the first place (the
"Minimization Obligation").  In support of its Claim, Liberty
Mutual alleges that Hopeman no longer provides counsel for Liberty
Mutual's defense against asbestos-related direct actions and that
Hopeman's involvement in the lifted stay orders and its proposed
joint Sec. 524(g) bankruptcy reorganization plan (the "Plan")
actively encourages holders of asbestos claims to pursue direct
actions against Liberty Mutual in violation of the Minimization
Obligation.

Hopeman filed its Objection to Liberty Mutual's Claim on April 30,
2025. There, Hopeman centrally argues that Liberty Mutual's Claim
lacks validity, because even if Hopeman breached any Defense or
Minimization Obligations contained in the Indemnification
Agreement, Liberty Mutual's only remedy consists of a request for
reimbursement from the Trust, not from Hopeman. Hopeman also
disputes the very existence of any Defense Obligation, as well as
Liberty Mutual's allegation that it breached the Minimization
Obligation.

The Bankruptcy Court sustained Hopeman's Objection during a hearing
on June 18, 2025.

On June 24, 2025, Liberty Mutual filed a notice of appeal from the
Bankruptcy Court's Disallowance Order.

Liberty Mutual raises two central objections to the Bankruptcy
Court's decision to disallow and expunge its Claim against Hopeman.
First, Liberty Mutual asserts that Judge Phillips erred in finding
that Hopeman possesses no "independent obligation to defend Liberty
Mutual against direct action asbestos claims."  Rather, Liberty
Mutual maintains that the "unambiguous language of the
Indemnification Agreement obligates Hopeman -- not just the Trust
-- to defend Liberty Mutual" against such claims.  Second, Liberty
Mutual asserts that the Bankruptcy Court wrongly found that no
independent remedy exists for a breach of either the purported
Defense Obligation or the Minimization Obligation.

Liberty Mutual asks this Court to vacate the Bankruptcy Court's
decision and to hold that Liberty Mutual has asserted a valid claim
against Hopeman for damages resulting from these breaches.

Hopeman, in turn, asks the Court to affirm the Bankruptcy Court's
Disallowance Order.

The Court disagrees with Hopeman's assertion that Liberty Mutual
stands without a remedy against Hopeman for breach of its
Minimization Obligation, and that its Claim against Hopeman
therefore necessarily fails, regardless of whether Hopeman actually
breached any provision of the Indemnification Agreement. Rather,
the Court finds that if Hopeman breached the Indemnification
Agreement and the ensuing damages claim does not constitute an
Indemnified Claim covered by Sec. III.A.3, Liberty Mutual may
assert such a claim against Hopeman and its property in bankruptcy
proceedings.

The Court grants in part and denies in part Liberty Mutual's
appeal. The Court affirms in part and vacates in part the
Bankruptcy Court's Disallowance Order. To the extent that Liberty
Mutual's Amended Claim seeks to recover expenses incurred as a
result of defending itself against direct action claims, the
Bankruptcy Court's ruling is affirmed and all such portions of
Liberty Mutual's Amended Claim shall remain disallowed. To the
extent that Liberty Mutual's Amended Claim seeks to recover
expenses incurred in monitoring Hopeman's bankruptcy proceedings as
a result of Hopeman's alleged breach of its Minimization Obligation
under Sec. III.C of the Indemnification Agreement, the Bankruptcy
Court's ruling is vacated and this matter is remanded to the
Bankruptcy Court for further proceedings consistent with this
opinion, including adducing evidence to determine whether Hopeman
breached the parties' Minimization Obligation.

A copy of the Court's Memorandum Order dated March 19, 2026, is
available at http://urlcurt.com/u?l=ALmRiHfrom PacerMonitor.com.

                   About Hopeman Brothers Inc.

During the 1980s, Hopeman Brothers, Inc. transitioned its business
away from ship joining and into manufacturing check-out counters
used in commercial retail stores such as Walmart.  In 2002, Hopeman
spun off its cabinet-making business into Cinnabar Solutions, Inc.

In 2003, Hopeman sold substantially all of its remaining
shipbuilding-related assets to an unrelated party, US Joiner LLC,
pursuant to an asset purchase agreement, dated as of December 23,
2003. Since the asset sale in 2003, Hopeman has had no business
operations and exists solely to defend and, when appropriate,
settle asbestos-related claims.

Hopeman Brothers filed a Chapter 11 petition (Bankr. E.D. Va. Case
No. 24-32428) on June 30, 2024, with $50 million to $100 million in
both assets and liabilities.

The Debtor tapped Hunton Andrews Kurth, LLP as bankruptcy counsel;
Blank Rome, LLP as special insurance counsel; Courington, Kiefer,
Sommers, Marullo & Matherne, LLC as special asbestos counsel; and
Stout Risius Ross, LLC as financial advisor.  Kurtzman Carson
Consultants, LLC is the claims and noticing agent.


HOT CRETE: Cain & Skarnulis Advises Defective Pool Claimants
------------------------------------------------------------
In the Chapter 11 bankruptcy cases of Hot Crete LLC and its
debtor-affiliates, Cain & Skarnulis PLLC filed with the United
States Bankruptcy Court for the Western District of Texas, Austin
Division, an Amended Verified Statement pursuant to Federal Rule of
Bankruptcy Procedure 2019.

According to the Verified Statement:

     1. Cain & Skarnulis PLLC represents Donn Wurts, Jamie Wurts,
Rowena Hernandez, Edward Weltens, Julie Weltens, Jarratt Wade
Landers, Patricia Landers, Melissa Jordan, Nick Russell, Jeffrey
Szastak, Heather Szastak, Amy Warnock, Lewis (Brad) Warnock, MF
Castle, LLC, Scott Wishnew, Teresa Wishnew, Brian Chartan, Corey
Chartan, Lin Shearer, Kathleen Cooney, Diego Suarez, and Elaine
Suarez.

     2. Donn Wurts and Jamie Wurts have claims pending against Hot
Crete LLC in Donn Wurts and Jamie Wurts v. Hot Crete LLC et al.,
No. D-1-GN-24-003993, in the 261st Judicial District Court, Travis
County, Texas. Jarratt Wade Landers and Patricia Landers have
claims pending against Hot Crete LLC in Patricia Landers and Wade
Landers vs. Southpaw Pools, Inc., 23-1839-C425, in the 425th
Judicial District Court, Williamson County, Texas.  The other
claimants also assert claims for damages arising from the defective
construction and installation of a swimming pool or decking at
their residence.

     3. Nothing contained in this Amended Verified Statement is
intended or shall be construed to constitute:

        -- a waiver or release of the rights of the Creditors 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
Creditors 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 of any of the
Creditors 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 the chapter 11 case against or otherwise involving any
of the Creditors; or

        -- a waiver or release of any other rights, claims,
actions, defenses, setoffs or recoupments to which any of the
Creditors are or may be entitled, 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.

      4. Nothing contained in this Amended Verified Statement
should be construed as a limitation upon or waiver of any right by
the Creditors to assert, file, and/or amend their claims in
accordance with applicable law and any orders entered in these
Chapter 11 cases establishing procedures for filing proofs of
claims.

      5. C&S reserves the right to amend or supplement this
verified statement in accordance with the requirements outlined in
Rule 2019 of the Federal Rules of Bankruptcy Procedure.

The Creditors' addresses and the nature and principal amounts of
their claims are described on a 74-page Exhibit A. In accordance
with Bankruptcy Rule 2019, Exhibit A provides all disclosable
economic interests held by the Creditors in relation to Debtor, a
copy of which is available at
https://www.pacermonitor.com/view/BXIRUFA/Hot_Crete_LLC__txwbke-24-10303__0358.0.pdf?mcid=tGE4TAMA

Counsel for the Creditors:

Ryan E. Chapple, Esq.
Michael Moody, Esq.
CAIN & SKARNULIS PLLC
303 Colorado Street, Suite 2850
Austin, TX 78701
Tel: (512) 477-5000
Fax: (512) 477-5011
E-mail: rchapple@cstrial.com
        mmoody@cstrial.com

                      About Hot Crete LLC

Hot Crete LLC is a Texas limited liability corporation that
operated as a provider and installer for pool concrete or
shotcrete.

The Debtor filed its voluntary petition for relief under Chapter 11
of the Bankruptcy Code (Bankr. W.D. Tex. Case No. 24-10303) on
March 22, 2024, listing $1,000,001 to $10 million in both assets
and liabilities.  The petition was signed by Edgar Castro as
president.

Todd Brice Headden, at Hayward PLLC, is the Debtor's counsel. Hot
Crete hired Terra Point, LLC as its broker.


HULTEC BUYER: TPG Twin Brook Marks $3.9M 1L Loan at 20% Off
-----------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $3,915,000 loan
extended to Hultec Buyer, LLC to market at $3,142,000 or 80% of the
outstanding amount, according to TPG Twin Brook’s 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a loan
extended to Hultec Buyer, LLC. The 1L Loan accrues interest at a
rate of S + 5.50% 9.46% per annum. The 1L Loan matures on March 31,
2029.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Hultec Buyer, LLC

Hultec Buyer, LLC provides various industrial products. The Company
operates in the United States.



HYDROMAX USA: TPG Twin Brook Marks $228,000 1L Loan at 61% Off
--------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $228,000 loan
extended to Hydromax USA, LLC to market at $90,000 or 39% of the
outstanding amount, according to TPG Twin Brook's 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan  extended to Hydromax USA, LLC. The
1L Loan accrues interest at a rate of S + 6.00% 9.99% per annum.
The 1L Loan matures on Dec. 30, 2027.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

        About Hydromax USA, LLC

Hydromax USA, LLC provides field services and software solutions.
The Company offers advanced utility field services and solutions
for gas, water, and wastewater utilities through data analytics and
reporting. Hydromax USA serves customers in the United States.



INNOVATIVE FLEXPAK: TPG Twin Brook Marks $2.6MM 1L Loan at 54% Off
------------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $2,616,000 loan
extended to Innovative FlexPak, LLC to market at $1,195,000 or 46%
of the outstanding amount, according to TPG Twin Brook's 10-K for
the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities
and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured term loan extended to Innovative FlexPak, LLC. The
1L Loan accrues interest at a rate of S + 7.00 % per annum. The 1L
Loan matures on Jan. 23, 2027.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Innovative FlexPak, LLC

Innovative FlexPak, LLC is a contract packaging company focused on
flexible packaging and pouch-based products for consumer and
nutraceutical brands.


INNOVATIVE FLEXPAK: TPG Twin Marks $896,000 1L Loan at 54% Off
--------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $896,000 loan
extended to Innovative FlexPak, LLC to market at $409,000 or 46% of
the outstanding amount, according to TPG Twin Brook's 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured term loan extended to Innovative FlexPak, LLC. The
1L Loan accrues interest at a rate of 20.00 % PIK per annum. The 1L
Loan matures on Jan. 23, 2027.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Innovative FlexPak, LLC

Innovative FlexPak, LLC is a contract packaging company focused on
flexible packaging and pouch-based products for consumer and
nutraceutical brands.


INTREPID LLC: Claims to be Paid from $300K Distribution Fund
------------------------------------------------------------
Intrepid, LLC and Seth Spaulding Gomm filed with the U.S.
Bankruptcy Court for the District of Utah a Subchapter V Plan dated
March 17, 2026.

Intrepid was formed in 2019 and holds interests in various income
producing entities and investments. The initial primary business
purpose of Intrepid was to create, manage, seek opportunities, and
invest in its namesake entity, Intrepid Biosciences, LLC, and its
sister company, Zion Pharmaceuticals.

Mr. Gomm is a practicing attorney admitted to practice before the
courts of Utah, Colorado, and Wyoming, and the United States
District Court for the District of Utah. Before becoming an
attorney, Mr. Gomm worked as a school teacher and business
operations manager. Along with his law degree, Mr. Gomm earned an
MBA with an emphasis in finance.

Mr. Gomm and Intrepid co-founded and invested in Zion
Pharmaceuticals. The Debtors were integral to the formation of Zion
Pharmaceuticals and Intrepid Biosciences, LLC, which are both
currently engaged in the cannabis industry. The Debtors' successful
licensing applications led to the formation of Zion
Pharmaceuticals, and its subsidiaries. Three other individuals also
helped to found Zion Pharmaceuticals, and each individual
(including Mr. Gomm) held their respective ownership interests in
Zion Pharmaceuticals in entities owned or managed by the respective
individual.

A Plan Trustee will be appointed to investigate, negotiate, settle,
prosecute or abandon the Estate's claims (if any) against insiders
of the Debtors, including any claim that the Estate may have to
claim an interest in the residential property owned by Mr. Gomm's
spouse.

Allowed Claims will be paid in the order of priority established by
the Bankruptcy Code and this Plan in an amount at least equivalent
to (a) the Debtors' Projected Disposable Income, or (b) if greater,
the liquidation value of the Debtors' assets.

The Total Distributions to be paid under the Plan are $300,000,
which is more than the aggregate amount each Debtor is required to
fund to confirm a plan by cram down. In a chapter 7 liquidation
case, it is anticipated that the Debtors' unsecured creditors would
receive significantly less.

With respect to Allowed Claims that are not Secured, Administrative
Expenses will be paid first, including the fees and expenses of the
Plan Trustee, the Subchapter V Trustee, and the Debtors'
Professionals. Priority Claims will be paid next. Then General
Unsecured Claims will be paid pro rata from any cash available for
distribution. If General Unsecured Claims are paid in full,
Subordinated Claims will be paid next. And if all Claims are paid
in full, any remaining proceeds will be distributed to the
respective Debtor who provided the funds for distribution.

Class 2 shall consist of all Allowed General Unsecured Claims
against the Debtors. The holders of Allowed Class 2 Claims shall be
paid the lesser of (a) the full amount of their claim as of the
Petition Date, plus interest from and after the Effective Date at
the Applicable Rate, or (b) a pro rata share of the Total
Distributions available after payment of Allowed Claims having
greater priority in distribution. Class 2 is impaired under the
Plan.

Subject to the limitations and priorities described in section 6.6,
the holders of Allowed Class 2 Claims shall be paid, pro rata, (a)
from time to time, but in any event at least on the Initial
Distribution Date and the subsequent Interim Distribution Dates, to
the extent that a full or partial distribution of Cash is available
on such dates, and (b) on the Final Distribution Date. The funds in
the Distribution Account will be paid, first, to the holders of
Allowed Claims having greater priority in distribution.
Specifically, the holders of Allowed Class 2 Claims will not
receive distributions until the holders of claims with higher
priority (listed under sections 6.6.1 through 6.6.11 of the Plan)
have been paid or reserved in full.

Class 4 shall consist of all Equity Interests in the Intrepid.
Holders of Equity Interests in Intrepid will not receive any
distributions, including from liquidation proceeds, until and
unless the full amount of Total Distributions have been paid and
distributed to the holders of claims having senior priority, as
listed under sections 6.6.1 through 6.6.13 of the Plan.

Both before and after the Effective Date, the Debtors shall set
aside, segregate, pay, and distribute funds in the aggregate amount
of $300,000.00 (the "Distribution Fund" or the "Distribution Fund
Amount" or the "Total Distributions") to be paid to the holders of
Administrative Expense Claims, Unclassified Priority Claims, Class
1 Priority Claims, Class 2 General Unsecured Claims, and Class 6
Subordinated Section 510(b) Claims, in the order of priority set
forth in section 6.6 of this Plan.

The Distribution Fund Amount shall include, and shall not be in
addition to, all amounts paid by the Debtors to holders of Allowed
Administrative Expense Claims, whether pre- or post-Effective Date,
including but not limited to any compensation and reimbursement
awarded to Professionals under Sections 330, 331 and/or 503(b) of
the Bankruptcy Code (but excluding and excepting any such amount
paid from pre-Petition Date retainers held by Professionals).
Excepting only distributions to the holders of secured claims, the
Distribution Fund Amount is the maximum amount that shall be paid,
in the aggregate, to creditors.

While the Debtors' future business and their ability to generate
gross profits to pay creditors is uncertain, and nothing is
guaranteed, the Debtors project that, if the Plan is confirmed and
if the Debtors are given an opportunity to operate and continue in
business, $300,000.00 will be funded from Voluntary Cash
Contributions and/or from liquidation of the Debtors' assets, and
will be distributed to creditors (both priority and nonpriority)
after allowed administrative expenses are paid.

A full-text copy of the Subchapter V Plan dated March 17, 2026 is
available at https://urlcurt.com/u?l=SaR6Wh from PacerMonitor.com
at no charge.

Proposed attorneys for Intrepid, LLC:

     Matthew M. Boley, Esq.
     Grant Coffey, Esq.
     COHNE KINGHORN, P.C.
     111 E. Broadway, 11th Floor
     Salt Lake City, UT 84111
     Telephone: (801) 363-4300
     E-mail: mboley@ck.law
             gcoffey@ck.law

Proposed attorneys for Seth Spaulding Gomm:

     Michael R. Johnson, Esq.
     Mark C. Rose, Esq.
     RAY QUINNEY & NEBEKER
     36 South State Street, Suite 1400
     Salt Lake City, Utah 84111
     Telephone: (801) 532-1500
     E-mail: mjohnson@rqn.com
     E-mail: mrose@rqn.com

                        About Intrepid, LLC

Intrepid, LLC filed its voluntary petition for relief under Chapter
11 of the Bankruptcy Code (Bankr. D. Utah Case No. 26-20852) on
February 20, 2026, listing $100,000 to $500,000 in assets and $1
million to $10 million in liabilities. The petition was signed by
Seth S. Gomm as manager.

Judge Michael F Thomson presides over the case.

Matthew M. Boley, Esq. at COHNE KINGHORN, P.C. serves as the
Debtor's counsel.


ISSA LLC: TPG Twin Brook Marks $131, 000 1L Loan at 71% Off
-----------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $131,000 loan
extended to ISSA, LLC to market at $38,000 or 29% of the
outstanding amount, according to TPG Twin Brook's 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan  extended to ISSA, LLC. The 1L Loan
accrues interest at a rate of S + 6.50 %, 10.28 % per annum. The 1L
Loan matures on March 1, 2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About ISSA LLC

ISSA, LLC operates as a teaching institution. The Company offers
fitness certification courses for personal training based on
fitness and sports nutrition, strength and conditioning,
bodybuilding, transformation, exercise therapy, senior fitness, and
youth fitness.



J PRICE FARMS: Seeks Chapter 12 Bankruptcy in Arkansas
------------------------------------------------------
On March 17, 2026, J Price Farms, LLC filed for Chapter 12
protection in the U.S. Bankruptcy Court for the Eastern District of
Arkansas. According to the court filing, the debtor reports between
$1 million and $10 million in debt owed to 1–49 creditors.

                    About J Price Farms, LLC

J Price Farms, LLC sought relief under Chapter 12 of the U.S.
Bankruptcy Code (Bankr. E.D. Ark. Case No. 26-11022) on March 17,
2026. In its petition, the debtor reports estimated assets between
$1 million and $10 million and estimated liabilities between $1
million and $10 million.


JTRE 14 VESEY: Seeks to Sell New York Property at Auction
---------------------------------------------------------
Albert Togut, Chapter 11 trustee of JTRE 14 Vesey LLC, seeks
permission from the U.S. Bankruptcy Court for the District of New
Jersey, to sell Property at auction, free and clear of liens,
claims, interests, and encumbrances.

The Debtor owns real property located at 14 Vesey Street, New York,
New York, 10007. The Debtor’s Estate does not have the ability to
address or pay any secured, priority, or administrative claims that
have been asserted against it absent a sale of the Property by the
Trustee.

The Property does not generate any income. It is subject to a
recorded first-priority lien that secures claims held by CPIF MRA,
LLC that total no less than $29,016,757.66.

The Debtor retains Cushman and Wakefield as real estate broker to
market and assist in the sale of the Property.

The Trustee receives a forma written offer from  14 Vesey LLC as
Stalking Horse Purchaser, to purchase the Property for $13,000,000
all cash.

The Trustee seeks entry of a bidding procedures order and
approving, among other things: bidding procedures, the Stalking
Horse Bid Protections including a Break-Up Fee equal to $300,000,
or
approximately 2.3% of the Stalking Horse Purchase Price, and
Expense Reimbursement not to exceed $50,000, the time, date and
place for the auction and the proposed deadline for submitting
qualified bids, and a Court hearing.

The Trustee submits the declaration of Bobby Carrozzo, Senior
Director in the New York Investment Sales department of Cushman.
The Trustee reserves the right to file additional documents and to
present such further information or evidence to the Court as may be
appropriate in support of the relief requested.

On February 28, 202, the Debtor and 14 Vesey Partners (DEL) LLC,
each filed a voluntary petition for relief pursuant to Chapter 11
of the Bankruptcy Code.

Vesey Partners is the sole member and 100% equity owner of the
Debtor, which is a member managed limited liability company.

The Property is a unique, historic building that was once owned by
the New York County Lawyers Association and is therefore known as
the "New York County Lawyers Association Building." The Property
was designed by a famous architect Cass Gilbert in 1930 and was
designated as a “Landmark” by New York City in 1965.

The Property is the only known asset owned by the Debtor. The
Property is currently vacant and generates no income from which the
Trustee can pay property taxes, insurance premiums, assessments,
governmental charges, costs and other expenses to maintain and
safeguard the Property.

The lienholder of the Property is CPIF MRA LLC, New York Insulation
Inc., and Nouveau Elevator Industries LLC.

A summary of the material terms of the Stalking Horse Sale Contract
is also provided. https://urlcurt.com/u?l=kZnOPx

The Trustee respectfully submits that given the Trustee’s need to
maximize value for creditors through a timely and efficient
marketing process, the ability to designate a stalking horse bidder
and offer such bidder the Stalking Horse Bid Protections is
justified, appropriate, and essential.        

                   About JTRE 14 Vesey LLC

JTRE 14 Vesey LLC owns, in fee simple, the real property at located
at 14 Vesey Street, New York, New York 10007.

The Debtor filed its voluntary petition for relief under Chapter 11
of the Bankruptcy Code (Bankr. D.N.J. Case No. 24-12087) on Feb.
28, 2024, listing $10 million to $50 million in both assets and
liabilities.  The petition was signed by David Goldwasser, VP of
Restructuring.

Eric Horn, Esq., at A.Y. Strauss LLC, is the Debtor's legal
counsel.


JUNIPER LANDSCAPING: TPG Twin Brook Marks $8M 1L Loan at 76% Off
----------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $8,014,000 loan
extended to Juniper Landscaping Holdings LLC to market at
$1,884,000 or 24% of the outstanding amount, according to TPG Twin
Brook's 10-K for the fiscal year ended Dec. 31, 2025, filed with
the U.S. Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured delayed draw term loan extended to Juniper
Landscaping Holdings LLC. The 1L Loan accrues interest at a rate of
S + 5.75% 9.56% per annum. The 1L Loan matures on Dec. 29, 2027.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

            About Juniper Landscaping Holdings LLC

Juniper Landscaping Holdings, LLC operates as a holding company.
The Company, through its subsidiaries, provides landscape and
irrigation design, installation, and maintenance services. Juniper
Landscaping Holdings serves customers in the State of Florida.



KAIZEN AUTO: TPG Twin Brook Marks $152K 1L Loan at 31% Off
----------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $152,000 loan
extended to Kaizen Auto Care, LLC to market at $105,000 or 69% of
the outstanding amount, according to TPG Twin Brook's 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to Kaizen Auto Care, LLC.
The 1L Loan accrues interest at a rate of 5.00% 5.00% per annum.
The 1L Loan matures on Dec. 22, 2027.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Kaizen Auto Care, LLC

Kaizen Auto Care LLC operates as an auto repair company. The
Company offers paint, body, RV, and auto glass repair, as well as
provides electric vehicle specialty facilities and fleet services.



KESKIN INC: 120-Day Extension for Plan Filing Granted
-----------------------------------------------------
Judge Nancy Alquist of the U.S. Bankruptcy Court for the District
of Maryland extended Keskin, Inc.'s exclusive periods to file a
plan of reorganization and obtain acceptance thereof for additional
one hundred twenty days.

As shared by Troubled Company Reporter, the Debtor has filed an
Adversary Complaint against Toast, Inc. and WebBank, seeking to
recovery in excess of $17,000. It is expected that these monies
will help fund the Plan in this case.

In addition, the Debtor's principal, Rustem Keskin, has had a
number of personal issues that have effected the operations of the
Debtor and the Debtor's ability to get necessary information to
counsel.

     * First, Mr. Keskin's mother, who resides in Turkey, had a
heart attack, requiring Mr. Keskin to go to Turkey for a month to
care for her.

     * Second, Mr. Keskin had a serious gum infection that required
him to have surgery and be hospitalized for a week.

     * Third, while in the hospital after his gum infection, Mr.
Keskin became infected with a mysterious, unidentified, and serious
illness that precluded him from working for ten days and which
caused his doctors to direct him to not to be around people for a
significant period of time, which obviously affected his ability to
operate and manage the Debtor's affairs.

The Debtor asserts that it is not seeking the extension of the
Exclusive Periods to delay administration of this Chapter 11 case
or to pressure creditors to accept an unsatisfactory plan. On the
contrary, the purpose of the present motion is to allow the Debtor
to have sufficient data to support a confirmable Plan and to allow
creditors to make an informed decision as to whether to vote in
favor of a proposed Plan.

Keskin, Inc. is represented by:

     Michael P. Coyle, Esq.
     The Coyle Law Group LLC
     7061 Deepage Drive, Ste 101B
     Columbia, MD 21045
     Telephone: (443) 545-1215

                          About Keskin Inc.

Keskin, Inc., is a Maryland corporation operating a single location
Mediterranean restaurant.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Md. Case No. 25-17696) on Aug. 22, 2025.
In the petition signed by Rustem Keskin, owner, the Debtor
disclosed up to $50,000 in assets and up to $100,000 in
liabilities.

Michael P. Coyle, Esq., at The Coyle Law Group, is the Debtor's
legal counsel.


KRITOPHER DAVID PAWLAK: Transfer of Real Property Avoidable
-----------------------------------------------------------
Kara West, as Chapter 13 trustee, filed on April 9, 2025, a
complaint seeking to avoid a transfer of property as a fraudulent
transfer under 11 U.S.C. Section 548 and to award a judgment for
the value of the transferred property pursuant to 11 U.S.C. Section
550(a). The court held that jurisdiction was proper under 28 U.S.C.
Section 1334(b), and that this adversary proceeding constitutes a
core proceeding under 28 U.S.C. Section 157(b)(2)(H).

The debtor, Kristopher David Pawlak, and the defendant, Tammy
Pawlak, owned real property commonly known as 9405 Nashville
Highway, McMinnville, Tennessee. On Nov. 17, 2023, the debtor
conveyed all of his interest in the property to the defendant in
exchange for $10.00. Four months later, the defendant sold the
property to a third party for $370,000. On November 7, 2024, the
debtor filed a Chapter 13 bankruptcy petition.

The complaint alleged that the debtor received less than reasonably
equivalent value in exchange for the transfer to the defendant and
that he was insolvent at the time of the transfer. The plaintiff
sought a monetary judgment against the defendant under Section
550(a).

Initially, the defendant represented herself and filed her own
answer to the complaint. Counsel subsequently appeared and filed a
separate answer for the defendant. After a disagreement between the
defendant and her counsel about how to pursue her defense, counsel
moved to withdraw. The court granted the withdrawal motion on Nov.
3, 2025, and ordered the defendant to obtain new counsel within
thirty days or else proceed by representing herself. No new counsel
made an appearance for the defendant, and therefore she continued
to represent herself.

The plaintiff thereafter filed a motion for summary judgment. The
defendant did not respond to the motion, and consequently, the
court construed her silence as a lack of opposition to the motion.
The court noted that failure to respond to a statement of
undisputed material facts is treated as admitting the facts.

The court applied the standard that a party is entitled to summary
judgment if "the movant shows that there is no genuine dispute as
to any material fact and the movant is entitled to judgment as a
matter of law." The court further noted that the nonmoving party
may not rest on its pleadings but must come forward with some
probative evidence to support its claim. The defendant did not cite
to anything in the record showing a genuine issue of fact, nor did
the defendant respond to the plaintiff's statement of undisputed
material facts.

The court found that Section 548(a)(1) authorizes a trustee to
avoid any transfer of an interest of the debtor in property made
within two years before the date of the filing of the petition,
where the debtor received less than reasonably equivalent value in
exchange for such transfer and was insolvent on the date that such
transfer was made.

Considering the plaintiff's unrefuted statement of undisputed
material facts, the court found that the transfer of the real
property to the defendant was constructively fraudulent and
avoidable. The court accordingly granted the plaintiff's motion for
summary judgment and awarded a monetary judgment of $185,000.00,
equal to one-half of the value of the property transferred,
pursuant to Section 550(a)(1).



KUBERA HOTEL: Hires Bowman Post Group Hotel Brokerage as Broker
---------------------------------------------------------------
Kubera Hotel Properties, LP seek approval from the U.S. Bankruptcy
Court for the Northern District of California to employ Bowman Post
Group Hotel Brokerage as broker.

The firm will market and sell its hotel located at 920 University
Avenue, Berkeley, California.

The firm will be paid at a 2.75 percent commission of the sales
price.

David Bowman, a partner at Bowman Post Group Hotel Brokerage,
disclosed in a court filing that the firm is a "disinterested
person" as the term is defined in Section 101(14) of the Bankruptcy
Code.

The firm can be reached at:

     David Bowman
     Bowman Post Group Hotel Brokerage
     31225 La Baya #103
     Westlake Village, CA 91362
     Tel: (805) 557-8857

              About Kubera Hotel Properties LP

Kubera Hotel Properties LP operates a 113-room hotel located at 920
University Avenue, Berkeley, California.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D. Cal. Case No. 25-40996) on June 6,
2025. In the petition signed by Pradeep Kantilai T. Khatri, chief
executive officer, the Debtor disclosed up to $50 million in both
assets and liabilities.

Judge Charles Novack oversees the case.

The Law Offices of Ryan C. Wood, Inc., represents the Debtor as
counsel.


KWALU LLC: TPG Twin Brook Marks $5.1M 1L Loan at 67% Off
--------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $5,061,000 loan
extended to Kwalu, LLC to market at $1,661,000 or 33% of the
outstanding amount, according to TPG Twin Brook's 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan  extended to Kwalu, LLC. The 1L Loan
accrues interest at a rate of S + 5.75% 10.13% per annum. The 1L
Loan matures on Sept. 23, 2027.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Kwalu, LLC

Kwalu LLC designs and manufactures furniture. The Company offers
wide range of furniture products for senior living, retirement, and
assisted living facilities such as chairs, lounge seating, desks,
pillows, recliner, headboards, bed, tables, casegoods, mirrors, and
outdoor trash receptacles.


LARA FAMILY: Seeks to Hire Salitore Law PLLC as Counsel
-------------------------------------------------------
Lara Family Land Coompany, LLC d/b/a Rancho Grande Restaurant seeks
approval from the U.S. Bankruptcy Court for the Eastern District of
Texas to employ Salitore Law, PLLC as counsel.

The firm will provide these services:

   a. assist, advise and represent the Debtor relative to the
administration of the chapter 11 case;

   b. assist, advise and represent the Debtor in analyzing the
Debtor's assets and liabilities, investigating the extent and
validity of lien and claims, and participating in and reviewing any
proposed asset sales or dispositions;

   c. attend meetings and negotiate with the representatives of the
secured creditors;

   d. assist the Debtor in the preparation, analysis, and
negotiation of any plan of reorganization and disclosure statement
accompanying any plan of reorganization;

   e. take all necessary action to protect and preserve the
interests of the Debtor;

   f. appear, as appropriate, before this Court, the Appellate
Courts, and other Courts in which matters may be heard and to
protect the interests of the Debtor before such Courts; and

   g. perform necessary legal services in the case.

Salitore has agreed to represent the Debtor, subject to the
approval of the Court, based on time and standard billing charges
of $395 per hour for attorney Marc Salitore, and $300 per hour for
John Vardeman.

Prior to filing, Salitore incurred $6,201.50 in attorney's fees and
filing fees. Salitore currently holds $5,798.50 in trust as
retainer.

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

The firm can be reached at:

     Marc Salitore, Esq.
     Salitore Law PLLC
     1400 W. Southwest Loop 323
     Suite 50, MB 1012
     Tyler, TX 75251
     Tel: (903) 765-8030
     Email: marc@salitorelaw.com

              About Lara Family Land Coompany, LLC
                d/b/a Rancho Grande Restaurant

Lara Family Land Company, LLC operates a restaurant.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D. Tex. Case No. 26-60113) on February
26, 2026. In the petition signed by Rigoberto Lara, owner, the
Debtor disclosed up to $500,000 in assets and up to $10 million in
liabilities.

Marc Salitore, Esq., at Salitore Law PLLC, represents the Debtor as
legal counsel.


LAWN CARE: TPG Twin Brook Marks $13.9M 1L Loan at 33% Off
---------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $13,901,000 loan
extended to Lawn Care Holdings Purchaser, Inc to market at
$9,258,000 or 64% of the outstanding amount, according to TPG Twin
Brook's 10-K for the fiscal year ended Dec. 31, 2025, filed with
the U.S. Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured delayed draw term loan extended to Lawn Care
Holdings Purchaser, Inc. The 1L Loan accrues interest at a rate of
S + 5.50% 9.17% per annum. The 1L Loan matures on Oct. 24, 2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

           About Lawn Care Holdings Purchaser, Inc.

Lawn Care Holdings Purchaser, Inc. offers diversified consumer
services. The Company operates in the United States.



LEADERSHIP INC: Seeks to Hire Jones & Walden LLC as Counsel
-----------------------------------------------------------
Leadership, Inc. seeks approval from the U.S. Bankruptcy Court for
the Northern District of Georgia to employ Jones & Walden LLC as
counsel.

The firm will render these services:

     (a) prepare pleadings and applications;

     (b) conduct examination;

     (c) advise the Debtor of its rights, duties and obligations;

     (d) consult with the Debtor and represent it with respect to a
Chapter 11 plan;

     (e) perform those legal services incidental and necessary to
the day-to-day operations of the Debtor's business; and

     (f) take any and all other action incident to the proper
preservation and administration of the Debtor's estate and
business.

The firm's hourly rates are as follows:

     Attorneys                 $225 - $500
     Paralegal and Law Clerks  $150 - $250

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

As of the petition date, the firm holds a $22,917 security retainer
for purposes of this case and its representation of the Debtor in
which the firm holds a lien.
    
Leslie Pineyro, Esq., a partner at Jones & Walden, disclosed in a
court filing that the firm is "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Leslie M. Pineyro, Esq.
     Jones & Walden LLC
     699 Piedmont Avenue, NE
     Atlanta, GA 30308
     Telephone: (404) 564-9300
     Email: lpineyro@joneswalden.com

             About Leadership, Inc.

Leadership, Inc., filed a Chapter 11 bankruptcy petition (Bankr.
N.D. Ga. Case No. 26-53226) on March 9, 2026. The Debtor hires
Jones & Walden LLC as counsel.


LEHMAN PIPE: TPG Twin Brook Marks $5.4MM 1L Loan at 72% Off
-----------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $5,432,000 loan
extended to Lehman Pipe Buyer, LLC to market at $1,527,000 million
or 28% of the outstanding amount, according to TPG Twin Brook's
10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S.
Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured delayed draw term loan extended to Lehman Pipe
Buyer, LLC. The 1L Loan accrues interest at a rate of S + 5.00 %
8.67 % per annum. The 1L Loan matures on Aug. 30, 2030.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Lehman Pipe Buyer, LLC

Lehman Pipe Buyer, LLC is a specialty distributor focused on
acquiring and supplying pipe and related products, likely serving
industrial and energy end markets.



LIA HOSPITALITY: Case Summary & Nine Unsecured Creditors
--------------------------------------------------------
Debtor: Lia Hospitality Group LLC
          d/b/a Baymont Inn
        3400 N. Everbrook Lane
        Muncie, IN 47304

Business Description: Lia Hospitality Group LLC operates the
                      Baymont Inn in Muncie, Indiana, overseeing
                      daily hotel operations, guest services,
                      maintenance, and property management.

Chapter 11 Petition Date: March 23, 2026

Court: United States Bankruptcy Court
       Southern District of Indiana

Case No.: 26-01663

Judge: Hon. Andrea K McCord

Debtor's Counsel: Preeti (Nita) Gupta, Esq.
                  LAW OFFICE OF NITA GUPTA
                  2680 East Main Street Suite 322
                  Plainfield, IN 46168
                  Tel: (317) 900-9737
                  Email: nita07@att.net

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Chirag Patel as vice president.

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

https://www.pacermonitor.com/view/PINPLGI/Lia_Hospitality_Group_LLC__insbke-26-01663__0001.3.pdf?mcid=tGE4TAMA

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

https://www.pacermonitor.com/view/MA2PVSA/Lia_Hospitality_Group_LLC__insbke-26-01663__0002.0.pdf?mcid=tGE4TAMA


LILA KATE: Seeks to Hire Bush Law Firm LLC as Counsel
-----------------------------------------------------
Lila Kate Trucking, LLC seeks approval from the U.S. Bankruptcy
Court for the Middle District of Alabama to employ The Bush Law
Firm, LLC as counsel.

The firm's services include:

     a. advising the Debtor-in-Possession as to the rights, powers
and duties of a debtor-in-possession, as enumerated within 11
U.S.C. Sec. 1101, et seq.;

     b. preparing and filing the documents necessary to advance
this case including, but not limited to, answers, applications,
motions, proposed orders, responses, schedules and other necessary
and required legal documents;

     c. representing the Debtor-in-Possession at the hearings in
this matter;

     d. preparing and filing the status report and plan;

     e. defending challenges to the automatic stay set forth within
11 U.S.C. Sec. 362(a); and

     f. providing such other legal services and/or preparing and/or
filing such other documents as may be necessary for
Debtor-in-Possession to carry out its duties and functions in this
case.

Anthony Bush, Esq., the primary attorney in this representation,
and his paralegal will be billed at $300 per hour and $75 per hour,
respectively, plus reimbursement.

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

Mr. Bush 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:

     Anthony C. Bush, Esq.
     The Bush Law Firm, LLC
     3198 Parliament Circle 302
     Montgomery, AL 36116
     Telephone: (334) 263-7733
     Facsimile: (334) 832-4390
     Email: abush@bushlegalfirm.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.


LITTLE MINT: Ivey McClellan Advises Alliance Funding & Leaf Capital
-------------------------------------------------------------------
In the Chapter 11 bankruptcy cases of The Little Mint, Inc. and its
debtor-affiliates, Ivey, McClellan, Siegmund, Brumbaugh &
McDonough, LLP filed with the United States Bankruptcy Court for
the Eastern District of North Carolina, New Bern Division, a
Verified Disclosure pursuant to Bankruptcy Rule 2019 to inform the
Court that the law firm represents multiple creditors.

According to the Verified Statement:

     1. Ivey McClellan represents Alliance Funding Group in the
Chapter 11 bankruptcy cases.  Alliance is a secured creditor of
debtor The Little Mint, Inc., based on certain pre-petition
obligations secured by equipment used in the Debtor's business
operations.

     3. Ivey McClellan also represents secured creditor LEAF
Capital Funding, LLC in the Chapter 11 bankruptcy cases. LEAF is a
secured creditor of the Debtor based upon certain pre-petition
obligations secured by equipment used in the Debtor's business
operations.

     5. Alliance and LEAF, and the respective collateral securing
the pre-petition obligations of each, have no relationship to one
another.

     6. Upon information and belief, no conflicts arise out of Ivey
McClellan's representation of Alliance and LEAF in this Chapter 11
case.

     7. Alliance and LEAF are aware of Ivey McClellan's
representation of multiple parties in the Chapter 11 bankruptcy
case.

The firm may be reached at:

Dirk W. Siegmund, Esq.
Ivey, McClellan, Siegmund,
Brumbaugh & McDonough, L.L.P.
Post Office Box 3324
Greensboro, NC 27402
Tel: (336) 274-4658
E-mail: dws@iveymcclellan.com

                     About The Little Mint Inc.

The Little Mint Inc., doing business as Hwy 55 Burgers Shakes &
Fries, owns multiple Hwy 55 Burgers, Shakes & Fries restaurants.

The Little Mint Inc. sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D.N.C. Case No. 24-04510) on Dec. 31,
2024. In its petition, the Debtor reports estimated assets between
$1 million and $10 million and estimated liabilities between $10
million and $50 million.

Judge Joseph N. Callaway presides over the case.

Rebecca F. Redwine, Esq. of HENDREN, REDWINE & MALONE, PLLC
represents the Debtor as counsel.  Little Mint hired Nunn, Brashear
& Uzzell, PA as accountant.

The official committee of unsecured creditors retained Dundon
Advisers LLC as financial advisor; Pachulski Stang Ziehl & Jones
LLC as counsel; and Waldrep Wall Babcock & Bailey PLLC as local
bankruptcy counsel.


LIVECONNECTIONS.ORG: Hires Ciardi Ciardi & Astin as Counsel
-----------------------------------------------------------
LiveConnections.org dba World Cafe Live 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
     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 LiveConnections.org dba World Cafe Live

LiveConnections.org is a nonprofit arts organization dedicated to
presenting concerts and fostering musical collaboration while
supporting emerging and established performers.

LiveConnections.org sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. Case No. 26-10973) on March 10, 2026. The
petition lists estimated assets between $1 million and $10 million
and estimated liabilities within the same range.

Honorable Bankruptcy Judge Ashley M. Chan presides over the case.

The Debtor is represented by Albert Anthony Ciardi III, Esq., of
Ciardi Ciardi & Astin.


LOAD ONE: TPG Twin Brook Virtually Writes Off $3.5MM 1L Loan
------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $3,557,000 loan
extended to Load One Purchaser Corporation to market at $150,000 or
4% of the outstanding amount, according to TPG Twin Brook's 10-K
for the fiscal year ended Dec. 31, 2025, filed with the U.S.
Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to Load One Purchaser
Corporation. The 1L Loan accrues interest at a rate of S + 7.25 %
11.08 % per annum. The 1L Loan matures on June 21, 2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

         About Load One Purchaser Corporation

Load One Purchaser Corporation provides air freight and logistics
services. The Company operates in the United States.


LOBO INVESTMENTS: Hires Anyama Law Firm as Bankruptcy Counsel
-------------------------------------------------------------
Lobo Investments, LLC seeks approval from the U.S. Bankruptcy Court
for the Central District of California to employ Anyama Law Firm, A
Professional Law Corporation as bankruptcy counsel.

The firm will provide these services:

     a. advise the Debtor on matters relating to administration of
the Estate, and on the Debtor's rights and remedies with regard to
the Estate's assets and the claims of secured and unsecured
creditors;

     b. appear for, prosecute, defend and represent the Debtor's
interest in suits arising in or related to this case, including any
adversary proceedings against the Debtor; and

     c. assist in the preparation of such pleadings, applications,
schedules, orders, and other documents as are required for the
orderly administration of this estate.

The firm will be paid at these rates:

     Onyinye Anyama, Esq.   $400 per hour
     Paralegal              $150 per hour

The firm received a pre-petition retainer of $15,000.

Onyinye Anyama, Esq., a partner at Anyama 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:

     Onyinye Anyama, Esq.
     Anyama Law Firm, A Professional Law Corporation
     18000 Studebaker Road, Suite 325
     Cerritos, CA 90703
     Telephone: (562) 645-4500
     Facsimile: (562) 318-3669
     Email: info@anyamalaw.com

              About Lobo Investments, LLC

Lobo Investments, LLC, filed a Chapter 11 bankruptcy petition
(Bankr. C.D. Cal. Case No. 2:26-bk-11450-BB) on Feb. 17, 2026. The
Debtor hires Anyama Law Firm, A Professional Law Corporation as
bankruptcy counsel.



LSB INDUSTRIES: S&P Raises ICR to 'B+' on Operational Improvement
-----------------------------------------------------------------
S&P Global Ratings raised its rating on LSB Industries Inc.'s
senior secured notes by one notch to 'B+'.

The outlook remains stable, indicating S&P's expectation that
supportive nitrogen market fundamentals will more than offset
turnaround-related volume declines and higher natural gas costs in
2026.

LSB Industries Inc.'s credit metrics improved materially in 2025
due to higher pricing, along with fewer turnarounds, higher
production, and incremental debt repayment.

While S&P expects nitrogen fertilizer pricing could come under
pressure in the latter half of 2026 due to rising supply amid new
plant startups, in the near-term, the effective closure of the
Strait of Hormuz has put significant upward pressure on urea and
ammonia pricing.

Crucially, given the company's current capital structure, S&P now
believes LSB can maintain debt to EBITDA below 4x and funds from
operations (FFO) to debt of about 20% in a midcycle price
environment.

There is now considerable upside risk to pricing from an extended
closure of the Strait of Hormuz, since roughly 25% of the global
seaborne ammonia trade and 35% of global urea exports pass through
the strait. Prior to the current disruptions in the Gulf, global
nitrogen supply and demand fundamentals were balanced, and S&P
expected some moderate price deterioration in the back half of
2026.

Entering the year, ammonia pricing benefited from constrained
supply, including the delayed startup of new capacity along the
Gulf Coast, temporary outages (Maaden and Ferrara), and natural gas
curtailments in Trinidad, which prompted Nutrien to halt operations
on the island. Additionally, tight urea ammonium nitrate (UAN)
inventory in the U.S. and strong global urea demand resulted in
benchmark NOLA prices rising 37% in 2025.

Setting aside the current disruption in the Middle East, the
production ramp-up at Gulf Coast Ammonia and Woodside's Beaumont
plant should provide some downside pressure to ammonia prices in
the back half of 2026. Additional downside risks include a
potential production restart in Trinidad, higher Chinese nitrogen
fertilizer production and exports, and farmer affordability
concerns, which could limit demand.

However, in the short-term, the disruption in the Persian Gulf will
dominate all other supply and demand factors, particularly if
fertilizer and liquified natural gas (LNG) exports from the region
are limited for any extended period of time (months instead of
weeks). U.S. industrial demand for ammonium nitrate used in mining
applications remains robust given strong copper and gold pricing.
Nitric acid for use in methylene diphenyl diisocyanate should
remain steady due to anti-dumping duties on foreign production.

S&P said, "In terms of costs, we expect U.S. producers will
maintain their relative cost competitiveness and anticipate Europe
will remain the marginal ammonia producer.

"LSB's utilization has modestly improved at its three ammonia
facilities, and its production of higher-margin downstream products
has meaningfully increased. Due to certain margin-enhancement
initiatives, as well as the company's improved plant reliability,
we expect ammonia operating rates will average just over 90% in
2026 (excluding the company's planned turnarounds at El Dorado and
Pryor).

"While the turnarounds will result in lower ammonia production
versus 2025, we expect downstream product sales will remain
relatively stable. Modestly lower volumes and improved ammonia and
UAN pricing, offset by higher turnaround expenses and natural gas
costs, should result in S&P Global Ratings-adjusted EBITDA of about
$140 million in 2026. We note our EBITDA calculation incorporates
turnaround costs of about $33 million."

Over the past few years, the company has directed a modest amount
of capital toward projects designed to improve reliability,
utilization, and upgrade a higher percentage of its ammonia to
downstream products. These projects included the expansion of
nitric acid storage capacity at El Dorado and the addition of
75,000 tons of UAN capacity at Pryor.

The company also signed a five-year, 150,000 short ton per year
ammonium nitrate solution supply contract with Freeport that
shifted production away from fertilizer-grade ammonium nitrate.
About 40% of the company's sales are now contracted to mining and
industrial customers on a cost-plus basis, which insulates a
portion of LSB's business from volatile fertilizer pricing.

After bottoming out in 2022, ammonia capacity utilization (adjusted
for periodic turnarounds) has increased a few percentage points,
and LSB has upgraded an increasing portion of this production to
higher-value products. For example, since 2023, ammonium nitrate
and nitric acid production is up 22% and UAN is up 14% (also
adjusted for turnarounds).

LSB still has substantial room to improve operating rates before
reaching its mid-90% target. This, along with ongoing cost
measures, could add roughly $35 million to its midcycle EBITDA in
coming years.

S&P said, "We expect debt to EBITDA will remain below 4x at
midcycle pricing. LSB's credit metrics have improved over the last
two years on higher production, improved nitrogen pricing, and debt
reduction. Debt to EBITDA was about 3x as of the end of 2025 (on a
gross basis), and we expect it will remain below 4x even if prices
move lower in 2027.

"At our midcycle price assumptions of $450 per ton ammonia and $250
per ton UAN, we forecast EBITDA of $125 million-$175 million
(depending on natural gas prices and turnaround costs) and expect
the company will generate positive free cash flow. LSB's spending
on growth initiatives ($25 million in 2025) has been a drag on free
cash flow generation over the past few years.

"We expect a similar level of growth spending in 2026, although
free cash flow should remain positive. Our midcycle scenario also
includes a $15 million benefit from the company's low carbon
ammonia project at El Dorado, which we assume will commence in
early 2027."

Its financial policies have remained supportive, with management
prioritizing debt repayment over shareholder rewards. The company
has made $50 million of cumulative share repurchases since 2023,
while simultaneously retiring $250 million of note principal
through open market purchases.

S&P said, "The stable outlook on LSB reflects our expectation that,
over the next 12 months, nitrogen fertilizer pricing will remain
above what we view as a midcycle level due to a higher cost of
marginal production in Europe, near-term constraints on Middle East
exports, and low nitrates inventory in the U.S.

"At mid-cycle pricing, we expect LSB will generate EBITDA of $125
million-$175 million, with debt to EBITDA of 3x-4x and FFO to debt
at or above 20%. We anticipate LSB will potentially increase its
midcycle EBITDA in the coming years as it realizes the benefits
from its ongoing operational improvements, increases its operating
rates, and completes small-scale brownfield expansions."

S&P could take a negative rating action on the company in the next
12 months if:

-- Unplanned operating disruptions or outages occur at any of its
facilities and lead to significant downtime and lost production;

-- Tampa ammonia, UAN, and ammonium nitrate prices revert to
pre-2021 levels, forcing us to reevaluate our midcycle price
assumptions;

-- Prices deteriorate such that the company generates negative
free cash flow while its credit metrics worsen from current
levels;

-- Management pursues more aggressive financial policies than S&P
expects in its base-case forecast, such as large shareholder
rewards or debt-funded acquisitions; and

-- Its credit metrics deteriorate to a level no longer
commensurate with the 'B+' rating, including weighted-average debt
to EBITDA exceeding 4x or FFO to debt falling into the lower end of
the 12%-20% range.

While unlikely at this time, S&P could take a positive rating
action on LSB in the next 12 months if:

-- LSB develops a longer record of improved operational
performance, including higher operating rates and minimal plant
disruptions, and it expands its scale or product offerings through
inorganic or organic expansion and growth initiatives;

-- The company improves its debt leverage, primarily through
additional debt reduction. Under such a scenario, S&P would expects
it to modestly improve its credit metrics, with debt to EBITDA
falling below 3x and FFO to debt rising above 30% on a
weighted-average basis at midcycle pricing;

-- S&P believes the improvement in the company's EBITDA and free
cash flow is sustainable even when accounting for volatile nitrogen
fertilizer pricing and a downturn in the future demand for ammonia
and UAN; and

-- S&P does not expect the company will take on a material amount
of debt to fund growth initiatives or shareholders returns.


LUCERO LLC: Seeks to Hire Belvedere Legal as Legal Counsel
----------------------------------------------------------
Lucero LLC seeks approval from the U.S. Bankruptcy Court for the
Northern District of California to employ Belvedere Legal, a
Professional Corporation as counsel.

The firm will provide these services:

   a. advise and represent the Debtor to all matters and
proceedings within this Chapter 11 case, other than those
particular areas that may be assigned to special counsel;

   b. assist, advise and represent the Debtor in any manner
relevant to a review of its debts, obligations, maximization of its
assets and where appropriate, disposition thereof;

   c. assist, advise and represent the Debtor in the operation,
reorganization, and/or liquidation of its business, if
appropriate;

   d. assist, advise and represent the Debtor in the performance of
all of its duties and powers under the Bankruptcy Code and
Bankruptcy Rules, and in the performance of such other services as
are in the interests of the estate; and

   e. assist, advise and represent Applicant in dealing with its
creditors and other constituencies, analyzing the claims in this
case and formulating and seeking approval of a Plan of
Reorganization.

The firm will be paid at the rate of $695 per hour.

Pre-petition the firm received from the Debtor a retainer of
$50,000.

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

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

The firm can be reached at:

     Matthew D. Metzger, Esq.
     Belvedere Legal, a Professional Corporation
     1777 Borel Place, Suite 314
     San Mateo, CA 94402
     Tel: (415) 513-5980
     Fax: (415) 513-5985
     Email: mmetzger@belvederelegal.com

              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.


LUCY COOPER: Gets Extension to Use Cash Collateral
--------------------------------------------------
Lucy Cooper's, LLC received third interim approval from the U.S.
Bankruptcy Court for the Western District of Texas, San Antonio
Division, to use cash collateral.

The court authorized the Debtor to use cash collateral solely for
the expenses listed in the approved budge. This relief allows the
Debtor to continue operations while the case proceeds, subject to
court oversight and further hearings.

The budget shows total operational expenses of $38,189 for March 16
to 22 and $29,969 for March 23 to 29.

As adequate protection, secured creditors with valid, perfected
prepetition liens were granted replacement liens on all
post-petition property of the estate to the same extent and
priority as their prepetition collateral, including proceeds,
rents, and profits. If those protections later prove insufficient,
a secured creditor may seek a superpriority administrative expense
claim, but only after a separate court order determining any actual
diminution in collateral value.

The order preserves secured creditors rights for transactions
occurring during the authorized period, even if cash-collateral
authority later terminates. Importantly, Texas ad valorem tax liens
and post-petition statutory tax liens are expressly not
subordinated or primed by the replacement liens granted in the
order.

A further hearing is scheduled for March 31.

                      About Lucy Cooper's LLC

Lucy Cooper's, LLC operates a cash business, with most sales coming
in the form of cash, ACH payment or credit card payment.

Lucy Cooper's sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. W.D. Texas Case No. 26-50088) on January 9,
2026, listing up to $100,000 in assets and up to $10 million in
liabilities. Braunda M. Smith, president of Lucy Cooper's, signed
the petition.

Judge Craig A. Gargotta oversees the case.

William R. Davis, Jr., Esq., at Langley & Banack, Inc., represents
the Debtor as legal counsel.


LYCRA COMPANY: Gets Interim OK for DIP Financing From GLAS
----------------------------------------------------------
The Lycra Company, LLC and its affiliated debtors received interim
approval from the U.S. Bankruptcy Court for the Southern District
of Texas, Houston Division, to obtain debtor-in-possession
financing and use cash collateral to get through bankruptcy.

The Debtors filed for prepackaged Chapter 11 bankruptcy in March to
implement a nearly unanimous restructuring agreement supported by
their primary lenders. This restructuring is anchored by a
superpriority senior secured priming facility totaling $75 million
in "delayed draw new money notes." The liquidity is tiered into two
phases: an initial $50 million available immediately upon interim
court approval and the remaining $25 million accessible upon final
approval.

The primary borrower is Eagle Intermediate Global Holding B.V.,
with the facility being guaranteed on a joint and several basis by
Eagle Holding Co B.V. and its various global subsidiaries. The
facility is managed by Global Loan Agency Services Limited (GLAS)
as the DIP agent for a group of specialized DIP noteholders.

The cost of this emergency capital includes a base interest rate of
9.00% per annum, which is "payable in-kind" (PIK), meaning the
interest is capitalized and added to the principal balance monthly
rather than paid in cash. However, if the Debtors require a
maturity extension, the interest rate significantly escalates to 14
%.
`
To ensure repayment, the DIP obligations are granted superpriority
administrative claim status. This means they are paid before almost
all other claims, including existing prepetition debt and other
administrative expenses, subject only to a "carve-out" for
professional fees. Crucially, the facility utilizes priming liens,
which leapfrog existing secured debt to take first-priority
security interests in substantially all of the Debtors' assets.

The court has also modified the automatic stay to allow for the
immediate perfection of these liens across multiple international
jurisdictions, involving a massive legal team of "DIP Advisors"
spanning Texas, Switzerland, Brazil, Korea, and Mexico.

The interim DIP order is available at https://is.gd/PjlAGu from
PacerMonitor.com.

The court will hold a final hearing on April 10, at 10:00 a.m.
(prevailing Central Time).

Lycra's pre-petition capital structure is complex, totaling
approximately $1.534 billion in debt. This includes a super senior
term loan of roughly $214 million, senior secured Euro Notes
(issued through a special purpose vehicle) valued at over EUR448
million, and $780 million in senior secured Dollar Notes. These
secured obligations are governed by an intercreditor agreement that
dictates a specific repayment "waterfall": the SSTL holds first
priority, followed by a priority tranche of the Euro Notes, and
finally a pari passu ranking for the remaining Euro and Dollar
Notes.

Additionally, Lycra carries a $19.4 million unsecured promissory
note that does not accrue interest and matures on March 31.

                       About The LYCRA Company

The LYCRA Company innovates and produces fiber and technology
solutions for the apparel and personal care industries and owns the
leading consumer brands: LYCRA(R), LYCRA HyFit(R), LYCRA(R)
T400(R), COOLMAX(R), THERMOLITE(R), ELASPAN(R), SUPPLEX(R) and
TACTEL(R). Headquartered in Wilmington, Delaware, U.S., The LYCRA
Company is recognized worldwide for its sustainable products,
technical expertise, and marketing support. The LYCRA Company
focuses on adding value to its customers' products by developing
unique innovations designed to meet the consumer's need for comfort
and lasting performance. Learn more at thelycracompany.com.  

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90399) on March 17,
2026. In the petition signed by Dean Williams, chief financial
officer, the disclosed up to $500 million in both assets and
liabilities.

Judge Christopher M. Lopez oversees the case.

Arsalan Muhammad, Esq., at Haynes and Boone LLP, represents the
Debtor as legal counsel.


MAD DUMPLINGS: Hires Tang & Associates as Bankruptcy Counsel
------------------------------------------------------------
Mad Dumplings LLC seeks approval from the U.S. Bankruptcy Court for
the Central District of California to employ Tang & Associates as
general bankruptcy counsel.

The firm's services include:

     (a) advise the Debtor on matters relating to administration of
the estate, and on its rights and remedies about the estate's
assets and the claims of secured and unsecured creditors;

     (b) appear for, prosecute, defend, and represent the Debtor's
interest in suits arising in or related to this case;

     (c) assist in the preparation of such pleadings, applications,
schedules, orders, and other documents as are required for the
orderly administration of this estate; and

     (d) represent the Debtor in any adversary proceeding to
recover assets of the bankruptcy estate.

The firm will be paid at these rates:

     Counsel             $500 per hour
     Paralegal           $200 per hour

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

Prior to the filing of this case, the Debtor incurred legal fees
amounting to $12,568. As of the petition date, the balance of the
pre-petition retainer is $12,432.

Kevin Tang, Esq., an attorney at Tang & Associates, disclosed in a
court filing that the firm is a "disinterested person" as the term
is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached through:

     Kevin Tang, Esq.
     Tang & Associates
     17011 Beach Blvd., Suite 900
     Huntington Beach, CA 92647
     Telephone: (714) 594-7022
     Facsimile: (714) 594-7024
     Email: kevin@tang-associates.com

              About Mad Dumplings LLC

Mad Dumplings LLC sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. C.D. Calif. Case No. 26-10421) on February
11, 2026, with $100,001 to $500,000 in assets and $500,001 to $1
million in liabilities.

Judge Mark D. Houle oversees the case.

Kevin Tang, Esq., at Tang & Associates represents the Debtor as
legal counsel.


MADIJAC LLC: Gets Interim OK to Use Cash Collateral Until April 16
------------------------------------------------------------------
The U.S. Bankruptcy Court for the Middle District of Florida
granted a second interim order allowing Madijac LLC to use cash
collateral through April 16.

Under the order, the Debtor is authorized to use cash collateral to
cover necessary operating expenses, including U.S. Trustee fees and
budgeted costs, with up to a 10% variance per line item. Additional
expenditures may be made with creditor approval, which cannot be
unreasonably withheld. The court also allows quick hearings if
disputes arise over proposed spending.

The Debtor projects total operational expenses of $34,410 for the
period from January to April.

To protect secured creditors, the court granted them replacement
liens on post-petition cash collateral with the same priority and
validity as their prepetition liens.

The Debtor must also maintain insurance, comply with all
debtor-in-possession duties, and follow bankruptcy rules and court
orders. The order preserves the rights of all parties, including
the ability to challenge liens or seek modified protections later.

A continued hearing is scheduled for April 16.

                    About Madijac LLC

Madijac LLC sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-00137) on January 08,
2026, with $0 to $50,000 in assets and $100,001 to $500,000 in
liabilities.

Judge Roberta A. Colton presides over the case.

Jeffrey Ainsworth, Esq. at Bransonlaw PLLC represents the Debtor as
legal counsel.


MAINE DENTISTRY: Unsecureds to Get Share of Income for 36 Months
----------------------------------------------------------------
Maine Dentistry Portland LLC, filed with the U.S. Bankruptcy Court
for the District of Maine a Plan of Reorganization with
Incorporated Adequate Disclosures dated March 17, 2026.

The Debtor operates a dental practice in Portland, Maine under the
Maine Dentistry brand. The Debtor is wholly owned and managed by
Dr. Benjamin Lawlor, a licensed dentist practicing in the State of
Maine.

The Debtor currently operates from leased premises located at 383
Commercial Street in Portland, Maine. The Debtor previously
operated from commercial space located at 15 Middle Street in
Portland, Maine pursuant to a written commercial lease with Rudolph
& Associates, LLC. In 2023, the Debtor relocated its operations to
its current location at 383 Commercial Street. The current premises
are owned by Central Street Studios LLC, an entity owned by Dr.
Lawlor, and leased to the Debtor for the operation of its dental
practice.

Prior to the Petition Date, the Debtor leased commercial premises
from Rudolph & Associates, LLC located at 15 Middle Street in
Portland, Maine. Rudolph & Associates contends that the Debtor
defaulted under the lease during 2025. After issuing notices of
default and termination, Rudolph & Associates commenced a forcible
entry and detainer action in the Portland District Court seeking
possession of the premises and payment of rent allegedly due under
the lease.

On January 6, 2026, the Bankruptcy Court entered an order lifting
the automatic stay with respect to the premises. Portland Esthetics
LLC, which had been operating in the space since 2023, vacated the
premises on or about January 20, 2026, and notice of the move-out
was provided to the landlord. The parties dispute whether and when
the premises were surrendered.

The Debtor filed this bankruptcy case in order to preserve the
value of its ongoing dental practice, resolve disputes with
creditors, and propose a plan to repay creditors over time while
continuing operations.

The Debtor's projections show that the practice is expected to
generate annual gross revenue of approximately $2.9 million, with
projected revenue increasing modestly over the term of the Plan.
The Debtor's operating expenses primarily consist of staff payroll,
laboratory fees, supplies, management expenses, rent, utilities,
and other standard expenses associated with operating a dental
practice. The projections also include a reasonable salary for the
Debtor's owner, Dr. Lawlor, which was not historically taken but is
necessary for the continued operation and management of the
practice.

After payment of operating expenses and debt service, the Debtor
projects annual cash flow sufficient to fund the payments required
under the Plan. The Debtor's projected plan payments range from
approximately $92,000 in 2026 to approximately $106,000 annually
during the primary payment period of the Plan, with reduced
payments in the final year.

Class Three consists of Allowed General Unsecured Claims. The Class
Three Claims are impaired. In full and final satisfaction of all
Allowed Class Three Claims, the Debtor shall make pro rata
distributions of projected disposable income to holders of Allowed
Class Three Claims over the term of the Plan. The Debtor shall make
monthly payments beginning on the first business day of the first
month following the Effective Date and continuing for a period of
thirty-six months thereafter. Each payment shall consist of the
Debtor's projected disposable income as set forth in Exhibit 2 and
shall be distributed pro rata among holders of Allowed Class Three
Claims.

Notwithstanding the foregoing, the claim asserted by Rudolph &
Associates, LLC shall be allowed only in the amount permitted under
Section 502(b)(6) of the Bankruptcy Code, and the Debtor reserves
all rights to object to such claim. The Holders of Claims in Class
Three are entitled to vote on the Plan.

Class Four consists of all equity interests in the Debtor. The
Class Four Interests are unimpaired. The equity holder shall retain
its ownership interest in the Debtor following confirmation of the
Plan. The Holder of the Interest in Class Four is not entitled to
vote on the Plan and is deemed to accept the Plan pursuant to
Section 1126(f) of the Bankruptcy Code.

The Debtor shall fund the obligations required under this Plan
primarily from the following sources: (a) cash on hand; (b)
revenues generated from the continued operation of the Debtor's
dental practice; and (c) the proceeds of any Causes of Action or
claims that the Debtor or its Estate has asserted or may elect to
pursue.

A full-text copy of the Plan of Reorganization dated March 17, 2026
is available at https://urlcurt.com/u?l=beg2OK from
PacerMonitor.com at no charge.

Counsel to the Debtor:

     Laura S. Hopkins, Esq.
     Law Office of Laura S. Hopkins
     PO Box 539; Camden, Maine 04843
     Email: lhopkins@laurahopkinslaw.com
     Phone: (207) 358-0658
     Fax: (207) 843-3136

                About Maine Dentistry Portland LLC

Maine Dentistry Portland LLC operates a dental practice in
Portland, Maine under the Maine Dentistry brand.

The Debtor sought protection for relief under Chapter 11 of the
Bankruptcy Code (Bankr. D. Maine Case No. 25-20299) on Dec. 17,
2025, listing up to $50,000 in both assets and liabilities.

Judge Peter G. Cary presides over the case.

The Debtor tapped Laura S. Hopkins, Esq., at Law Office Of Laura
Hopkins as counsel and Arran D. Stevens at ADS Accounting, LLC as
accountant and bookkeeper.


MAJORDRIVE HOLDINGS: Moody's Cuts CFR to Caa1 & Term Loans to B3
----------------------------------------------------------------
Moody's Ratings downgraded the ratings of MajorDrive Holdings IV,
LLC's ("Club Car"), including the corporate family rating to Caa1
from B3 and probability of default rating to Caa1-PD from B3-PD.
Moody's also downgraded the ratings of the company's senior secured
term loans to B3 from B2, as well as the ratings of the company's
senior unsecured notes to Caa3 from Caa2. The outlook was changed
to stable from negative.

The downgrade of the CFR reflects Club Car's decline in sales
volume, very high financial leverage, and negative free cash flow
generation. Pro forma adjusted debt/EBITDA has increased to around
8.0 as of December 31, 2025 as tariffs, elongated replacement
cycles in the Golf segment, and competition in the Consumer segment
weighed on EBITDA. Given recent operating changes and cost
initiatives at the company, Moody's expects modest top-line growth
on stabilizing demand in the Golf segment along with improvements
in Consumer segment sales over the next 12-18 months. That said,
Moody's expects adjusted debt/EBITDA to remain above 7.0x with
around breakeven free cash flow over the next 12-18 months, given
execution risk around the company's realignment strategy and the
highly competitive landscape around low speed vehicles sold by the
Consumer segment.

The stable outlook reflects Moody's expectations of debt/EBITDA
between 7.0-8.0x and breakeven free cash flow over the next 12-18
months.

RATINGS RATIONALE

Club Car's Caa1 CFR reflects its very high financial leverage,
negative free cash flow generation, and modest liquidity. As of
December 2025, Club Car had limited financial flexibility with pro
forma adjusted debt/EBITDA around 8x.

Moody's recognizes the negative financial impacts of increased
competition, tariffs, and elongated replacement cycles on 2025
performance, resulting in higher leverage and negative free cash
flow. Moody's believes recent actions to realign the organization
to drive top-line sales, reduce costs, and improve efficiency are
appropriate and will result in better financial performance and
credit metrics over time. The execution of this transformation
remains a key factor in determining the magnitude to which the
company can increase free cash flow and delever. Headwinds remain
with an uncertain macro environment, ongoing tariff dynamics and
strong competition in the Consumer end market.

Moody's also recognizes Club Car's strong standing in the low-speed
vehicle market niche, which helps to partially mitigate risks
associated with its product and end market concentration. Club Car
also provides a diverse set of powertrain options for its vehicles,
which are sold and distributed globally. Manufacturing is primarily
in-region/for-region while certain components remain imported.

Moody's expects Club Car to operate with adequate liquidity over
the next year. Amortization on term loan debt is manageable at
around $9 million per annum. Moody's anticipates at least $15
million of cash on hand with breakeven free cash flow over the next
12-18 months. External liquidity is provided by a $175 million
asset-backed revolving credit facility that expires in June 2028.
Moody's expects moderate utilization of this facility over the next
12-18 months. The revolver contains a springing fixed charge
coverage ratio of 1.0x, that comes into effect if availability
drops below the greater of 10% of revolver commitments or $13.1
million. Moody's do not expect this covenant to come into effect.

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

Ratings could be downgraded if free cash flow remains negative or
liquidity worsens. Heightened refinancing risk or an increased
probability of a distressed exchange could also result in a
downgrade.

Ratings could be upgraded if Club Car's sales volumes and market
share show meaningful improvement, debt/EBITDA is sustained below
7x,  and free cash flow is sustained at breakeven levels or better.
Reduced reliance on the revolver could also exert upward ratings
pressure.

Headquartered in Augusta, Georgia, Club Car is a manufacturer of
golf carts and other low-speed vehicles and related aftermarket
parts and services.

The principal methodology used in these ratings was Manufacturing
published in September 2025.

The net effect of any adjustments applied to rating factor scores
or scorecard outputs under the primary methodology(ies), if any,
was not material to the ratings addressed in this announcement.


MARC CAMPBELL: Beverly Brister Named Subchapter V Trustee
---------------------------------------------------------
The Acting U.S. Trustee for Region 13 appointed Beverly Brister,
Esq., a practicing attorney in Benton, Ark., as Subchapter V
trustee for Marc Campbell Enterprises Inc.

Ms. Brister will be paid an hourly fee of $360 for her services as
Subchapter V trustee. Should travel be required outside of Saline
or Pulaski Counties, the Subchapter V trustee will seek a
compensation rate of $100 per hour for actual travel time
incurred.

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

The Subchapter V trustee can be reached at:

     Beverly I. Brister, Esq.
     Attorney at Law
     212 W. Sevier
     Benton, AR 72015
     Phone: 501-778-2100
     Email: bibristerlaw@gmail.com

               About Marc Campbell Enterprises Inc.

Marc Campbell Enterprises Inc. is a real estate company that owns
and leases commercial property in Russellville, Arkansas. The
company's operations center on a commercial property on East
Parkway Drive, which it holds as a revenue-generating asset within
the local real estate market.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D. Ark. Case No. 26-10946) on March 12,
2026, with $0 to $50,000 in assets and $1 million to $10 million in
liabilities. Marc Campbell, president, signed the petition.

Frank H. Falkner, Esq. at DILKS LAW FIRM represents the Debtor as
legal counsel.


MARS FX US: Case Summary & 20 Largest Unsecured Creditors
---------------------------------------------------------
Debtor: Mars FX US LP
        c/o United Agent Group Inc.
        1521 Concord Pike, Suite 201
        Wilmington, DE 19803

        Business Description: Mars FX US LP is a Delaware limited
partnership based in Wilmington, Delaware, that operated as a U.S.
feeder within a cross-border investment framework, raising capital
from U.S. investors for participation in foreign exchange trading.
Novus Capital Partners LLC acted as the investment manager of Mars
FX Master Ltd and Mars FX International Ltd (together, the "Cayman
Entities") while also serving as the general partner of the Debtor.
The Debtor is closely linked to the Cayman Entities in both
operations and business activity, held a 75.64% stake in the Master
Fund, and funneled investor capital into the same underlying
trading arrangement through the structure.

Chapter 11 Petition Date: March 23, 2026

Court: United States Bankruptcy Court
       Southern District of New York

Case No.: 26-22287

Judge: Hon. Kyu Young Paek

Debtor's Counsel: Ronald J. Friedman, Esq.
                  RIMON LAW
                  100 Jericho Quadrangle Ste 300
                  Jericho, NY 11753
                  Email: ronald.friedman@rimonlaw.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $10 million to $50 million

The petition was signed by Luke Furler as chief restructuring
officer.

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/7ZINLBA/Mars_FX_US_LP__nysbke-26-22287__0004.1.pdf?mcid=tGE4TAMA

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

https://www.pacermonitor.com/view/Y7XLI7Q/Mars_FX_US_LP__nysbke-26-22287__0001.0.pdf?mcid=tGE4TAMA


MARTIN DISPOSAL: Case Summary & 10 Unsecured Creditors
------------------------------------------------------
Debtor: Martin Disposal LLC
        1138 Old Gallatin Road
        Scottsville, KY 42164

        Business Description: Martin Disposal LLC, based in
Scottsville, Kentucky, operates as a local waste collection and
disposal service serving residential and commercial customers,
providing routine garbage pickup and related waste management
services. The company functions as a service-oriented provider
focused on local waste handling in the Scottsville area.

Chapter 11 Petition Date: March 23, 2026

Court: United States Bankruptcy Court
       Western District of Kentucky

Case No.: 26-10250

Judge: Hon. Joan A Lloyd

Debtor's Counsel: Robert C. Chaudoin, Esq.
                  HARLIN PARKER
                  519 E. 10th Street
                  P.O. Box 390
                  Bowling Green, KY 42102-0390
                  Tel: 270-842-5611
                  Fax: 270-842-2607
                  Email: chaudoin@harlinparker.com

Estimated Assets: $500,000 to $1 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Derrick Martin as owner.

A full-text copy of the petition, which includes a list of the
Debtor's 10 unsecured creditors, is available for free on
PacerMonitor at:

https://www.pacermonitor.com/view/ASSU3FI/Martin_Disposal_LLC__kywbke-26-10250__0001.0.pdf?mcid=tGE4TAMA


MARVIN GARDENS: Property Income & Contributions to Fund Plan
------------------------------------------------------------
Marvin Gardens Property LLC filed with the U.S. Bankruptcy Court
for the Eastern District of California a Disclosure Statement
describing Plan of Reorganization dated March 17, 2026.

The Debtor is a California limited liability company formed to own
and manage the Property. The Debtor has no employees and no
business operations other than ownership and maintenance of the
Property.

The Debtor is 100% owned by Azita Alizadeh, who holds the 100%
equity interest.

The Debtor filed this Chapter 11 case on January 7, 2026, to
prevent loss of its real property located at: 917 Marvin Gardens
Way #9, Rocklin CA 95765 ("Property").

The Property is encumbered by secured claims held by Wells Fargo
Home Mortgage and Home Equity Line of Credit and Parvaneh Alizadeh,
and is subject to delinquent property taxes. The Debtor seeks to
cure arrears, restructure secured debt and preserve equity for the
benefit of the estate.

Class 4 consists of General Unsecured Claims (Insurance and HOA
Dues). The Debtor proposes to put the HOA into escrow each month
with US Bank. Pay monthly insurance bill. This Class is impaired.

Class 5 consists of Equity Interests (Azita Alizadeh). Equity
holder retains ownership of Marvin Gardens Property LLC. No
distribution until all senior classes are paid.

Plan payments will be funded through:

     * Property-related income

     * Capital contributions from the equity holder

     * Potential refinance after stabilization

     * Cash reserves

The Debtor anticipates no need to sell the Property.

A full-text copy of the Disclosure Statement dated March 17, 2026
is available at https://urlcurt.com/u?l=716CAz from
PacerMonitor.com at no charge.

Counsel to the Debtor:

     Cyrus Zal, Esq.
     Cyrus Zal, A Professional Corporation
     102 Mainsail Ct.
     Folsom, CA 95630
     Tel: (916) 985-3576
     Fax: (916) 526-1670
     Email: czal47@comcast.net

                  About Marvin Gardens Property

Marvin Gardens Property LLC is a privately held real estate
investment and management company.

The company sought relief under Chapter 11 of the U.S. Bankruptcy
Code (Bankr. Case No. 26-20068) on January 7, 2026. In its
petition, the Debtor reported estimated assets of
$100,001-$1,000,000 and estimated liabilities of
$100,001-$1,000,000.

Honorable Bankruptcy Judge Christopher M. Klein handles the case.

The Debtor is represented by Cyrus Zal, Esq., of Cyrus Zal, A
Professional Corporation.


MATIV HOLDINGS: Moody's Affirms B2 CFR, Rates New Term Loan Ba3
---------------------------------------------------------------
Moody's Ratings affirmed the B2 corporate family rating, B2-PD
probability of default rating, and Caa1 senior unsecured notes
rating of Mativ Holdings, Inc. (Mativ). Moody's also assigned a Ba3
rating to the new senior secured first-lien term loan A, term loan
B, and revolving credit facility (RCF). The B1 rating on the
existing senior secured bank credit facilities is unaffected and
will be withdrawn upon full repayment of these facilities. The
outlook is stable. The speculative grade liquidity (SGL) rating
also remains unchanged at SGL-3.

The refinancing transaction is leverage neutral at closing.
However, the Ba3 rating assigned to the new senior secured bank
credit facilities, which is higher than the B1 rating on the
existing senior secured bank credit facilities, reflects the lower
proportion of senior secured bank debt in the pro forma capital
structure, taking into account the reduction in the RCF size from
$600 million to $305 million and the resulting lower potential for
future borrowings. Accordingly, the new capital structure is
expected to support higher recovery prospects for the senior
secured bank facilities.

The affirmation of the CFR reflects Moody's expectations that
Mativ's continued shift toward specialty materials and more stable
end markets support its growth prospects. Moreover, the refinancing
transaction extends the company's debt maturity profile, with the
nearest material maturity now in 2031.

The stable outlook reflects Moody's expectations that credit
metrics will gradually strengthen, supported by continued cost and
pricing discipline and lean operational initiatives that position
the company to benefit as demand improves.

RATINGS RATIONALE

The B2 CFR reflects Mativ's strategic shift toward higher value
specialty materials with more attractive long term growth
characteristics, supported by increasing exposure to relatively
stable end markets such as filtration, healthcare, and sustainable
packaging. Moody's expects the company to continue executing on
manufacturing footprint optimization, cost control, and
organizational realignment initiatives to navigate ongoing volume
pressures. These actions, together with recent customer wins and
pricing initiatives, are expected to contribute to a gradual
improvement in credit metrics over the near to medium term.

The rating also reflects the company's elevated leverage and
exposure to cyclical and competitive markets, as well as structural
headwinds in its fine paper and printing operations, which account
for roughly one fifth of revenue. While acquisitions have
historically been a key driver of growth and leverage, management
has reiterated its focus on deleveraging, including through debt
reduction, to strengthen financial flexibility. Moody's expects the
leverage to decrease from 6.0x at the end of 2025 to 5.5x over the
next 12-18 months.

The SGL-3 speculative grade liquidity rating reflects Moody's
expectations of adequate liquidity over the next 12-18 months. The
company's liquidity is supported by a cash balance of $84 million
as of December 31, 2025, along with Moody's expectations of free
cash flow in excess of $50 million over the next 12 months and
ample availability under the new $305 million RCF. Moody's expects
the company to maintain compliance with its covenants under the
credit agreement. Liquidity is further supported by a $150 million
accounts receivable securitization facility maturing in November
2026, with limited utilization of $27 million as of December 31,
2025. Lastly, the company has no material debt maturities over the
next two years.

A comprehensive review of all credit ratings for the respective
issuer(s) has been conducted during a rating committee

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

The ratings could be upgraded with sustained organic growth,
material margin expansion, and consistently strong free cash flow,
supported by improving growth prospects in the company's specialty
materials markets. The ratings could also be upgraded if free cash
flow-to-debt remains above 3% and debt-to-EBITDA decreases below
5x.

The ratings could be downgraded if Mativ experiences a decline in
operating performance and earnings that results in debt to EBITDA
increasing above 6.0x or EBITA to interest coverage remaining below
1.5x. The ratings could also be downgraded if liquidity weakens,
including an increasing reliance on the RCF, or in the event of
debt funded acquisitions or shareholder returns that pressure
credit metrics.

The principal methodology used in these ratings was Manufacturing
published in September 2025.

The net effect of any adjustments applied to rating factor scores
or scorecard outputs under the primary methodology(ies), if any,
was not material to the ratings addressed in this announcement.

Mativ Holdings, Inc., based in Alpharetta, Georgia, is a producer
of specialty materials. The company manufactures filtration media,
resin based nets, and advanced films through its Filtration and
Advanced Materials (FAM) segment, while its Sustainable and
Adhesive Solutions (SAS) segment produces release liners, tapes,
healthcare materials, and fine paper and packaging products.
Revenue approximated $2 billion in fiscal year 2025.


MERLIN BUYER: Moody's Rates New Secured First Lien Loans 'B3'
-------------------------------------------------------------
Moody's Ratings assigned B3 ratings to Merlin Buyer Inc.'s
(Fortifi) new senior secured first lien term loan and senior
secured first lien revolving credit facility. The B3 corporate
family rating, B3-PD probability of default rating, the existing B3
senior secured ratings, and the stable outlook are unaffected by
the debt refinancing.

Proceeds from the new senior secured bank credit facilities will be
used to refinance Fortifi's existing capital structure and provide
future funding for potential tuck-in acquisitions. The ratings on
the existing senior secured credit facility will be withdrawn upon
closing.

RATINGS RATIONALE

The B3 CFR reflects Fortifi's aggressive capital structure, modest
scale relative to several other rated manufacturers, and
integration risk. Pro forma adjusted debt/EBITDA as of December 31,
2025 exceeded 6.0x. Fortifi completed a transformational
acquisition in December 2025 when it acquired Provisur, a supplier
of protein equipment. Although the acquisition is a strong
strategic fit and integration seems to be progressing smoothly, the
combined entity is grappling with ongoing weakness in the protein
market, which has been growing less than its historical rate.
Fortifi's top-line growth will be in low single digits over the
next few years as the beef market slowly normalizes and food
processing companies spend cautiously on the type of capital
equipment that Fortifi produces.

Despite Fortifi's modest short-term growth prospects, the company
has numerous synergy opportunities that are achievable. The
acquisition of Provisur offers cross-selling opportunities and the
likelihood of reducing overhead through cost cutting initiatives
and efficiency gains. Moreover, margins will be buoyed by
aftermarket sales, which will top 50% of total revenue.

The stable outlook reflects Moody's expectations that the
integration of Provisur will continue to progress smoothly and
Fortifi will maintain adequate liquidity while delivering steady
operating results.

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

Fortifi could be upgraded if free cash flow-to-debt rises to the
low single digits, FFO plus interest to interest is sustained above
2.0x, or if debt/EBITDA is sustained below 5.5x. Fortifi could be
downgraded if negative free cash flow persists, debt to EBITDA is
sustained above 7.5x, or FFO plus interest to interest falls below
1.0x.

The principal methodology used in these ratings was Manufacturing
published in September 2025.

Headquartered in The Woodlands, Texas, Merlin Buyer Inc., parent
company of Fortifi, designs and manufacturers cutting tools,
processing equipment and automation solutions for the meat, pork
and poultry industries. The company is owned by the private equity
firm KKR. Pro forma revenue was $962 million for the twelve months
ended December 31, 2025.


MIC MANAGEMENT: Voluntary Chapter 11 Case Summary
-------------------------------------------------
Debtor: MIC Management LLC
        14024 Regina Dr.
        Rancho Cucamonga, CA 91739

Chapter 11 Petition Date: March 23, 2026

Court: United States Bankruptcy Court
       Central District of California

Case No.: 26-12147

Debtor's Counsel: Giovanni Orantes, Esq.
                  THE ORANTES LAW FIRM, A.P.C.
                  3435 Wilshire Blvd., 27th Floor
                  Los Angeles, CA 90010
                  Tel: (888) 619-8222
                  Fax: (877) 789-5776
                  Email: go@gobklaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Rosie Black as managing member.

The Debtor has declared in the petition that it has no unsecured
creditors.

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

https://www.pacermonitor.com/view/E54TZ3Y/MIC_Management_LLC__cacbke-26-12147__0001.0.pdf?mcid=tGE4TAMA


MIGHTY LEASE: Seeks to Hire Berel CPA PLLC as Accountant
--------------------------------------------------------
Mighty Lease, LLC seeks approval from the U.S. Bankruptcy Court for
the Southern District of Mississippi to employ Berel CPA, PLLC as
accountant.

The firm will provide these services:

   a. assume primary responsibility for the filing of necessary tax
returns;

   b. prepare financial statements in accordance with the tax basis
of accounting and apply accounting and financial reporting
expertise to assist the Debtor in the presentation of financial
statements; and

   c. provide other general accountant services as the Debtor may
require from time to time.

The firm will be paid at these rates:

     Susan Berel        $160 per hour
     Rachel Bennett     $85 per hour

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

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

The firm can be reached at:

     Susan Berel
     Berel CPA, PLLC
     1308 Bienville Blvd.
     Ocean Springs, MS 39564
     Tel: (228) 284-1491
     Fax: (228) 206-5490

              About Mighty Lease, LLC

Mighty Lease, LLC, based in Gulfport, Mississippi, provides
automotive equipment rental and leasing services, serving clients
in Mississippi and surrounding regions.

Mighty Lease, LLC filed its voluntary petition for relief under
Chapter 11 of the Bankruptcy Code (Bankr. S.D. Miss. Case No.
26-50142) on January 28, 2026, listing $10 million to $50 million
in both assets and liabilities.

Judge Katharine M Samson presides over the case.

Craig M. Geno, Esq. at LAW OFFICES OF GENO AND STEISKAL, PLLC
represents the Debtor as counsel.



MORE OPPORTUNITY: Gets OK to Use Cash Collateral
------------------------------------------------
The U.S. Bankruptcy Court for the District of Arizona approved a
stipulation between More Opportunity Regarding Education, Inc. and
the U.S. Small Business Administration (SBA), allowing the Debtor
to use cash collateral during its Chapter 11 Subchapter V case.

Under the agreement, the SBA consents to the Debtor's use of cash
collateral strictly for ordinary and necessary business expenses in
line with an approved budget, with up to a 10% variance allowed.

The Debtor, which operates preschool locations in Arizona, filed
for bankruptcy on February 11, 2026, and continues operating as a
debtor-in-possession. The SBA holds a secured loan of approximately
$79,100, backed by a broad lien on the Debtor's assets, including
accounts, inventory, and cash collateral. The Debtor does not
dispute the validity of this debt or lien.

In exchange, the SBA receives adequate protection in the form of
replacement liens on post-petition revenues and ongoing monthly
payments. The Debtor must also maintain insurance, provide
financial reporting, and comply with restrictions on insider
payments and professional fees.

The authorization to use cash collateral remains effective through
May 31, 2026, unless extended by the Court or agreement of the
parties. Both sides retain all rights regarding loan defaults,
claims, and plan confirmation. The stipulation ensures continued
business operations while protecting the SBA's secured interests
during the bankruptcy process.

          About More Opportunity Regarding Education Inc.

More Opportunity Regarding Education, Inc. sought protection under
Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Ariz. Case No.
26-01245) on February 11, 2026, with $50,001 to $100,000 in assets
and $50,001 to $100,000 in liabilities.

Judge Daniel P. Collins presides over the case.

Allan Newdelman, Esq., at Allan D Newdelman, PC represents the
Debtor as legal counsel.


MOUNTAIN REGIONAL: Seeks to Hire Tanner LLP as Accountant
---------------------------------------------------------
Mountain Regional Equipment Solutions LLC and affiliate seek
approval from the U.S. Bankruptcy Court for the District of Utah to
employ Matthew Sadler of Tanner LLP as accountant.

The firm will assist with the Debtors' accounting needs, including
preparation of state and federal tax returns.

The firm will be paid $17,900 to prepare and file the 2025 federal
and state tax returns.

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

The firm can be reached at:

     Matthew Sadler
     Tanner LLP
     Key Bank Tower at City Creek
     36 S State Street, #600
     Salt Lake City, UT 84111
     Tel: (810) 532-7444

          About Mountain Regional Equipment Solutions LLC

Mountain Regional Equipment Solutions, LLC supplies and services
automated lubrication systems, safety systems, and maintenance
products used in heavy mobile equipment and industrial machinery.
It serves customers across construction, mining, transportation,
agriculture, and industrial markets, with operations based in Salt
Lake City, Utah.

Mountain Regional Equipment Solutions sought protection under
Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Utah Case No.
25-27678) on December 19, 2025, listing between $1 million and $10
million in assets and between $10 million and $50 million in
liabilities. Todd Miceli, manager, signed the petition.

Jeffrey L. Trousdale, Esq., at Cohne Kinghorn, P.C., represents the
Debtor as legal counsel.


MP COMPLETE: Case Summary & Nine Unsecured Creditors
----------------------------------------------------
Debtor: MP Complete Solutions, LLC
        3900 SW 56th Street
        Fort Lauderdale, FL 33312

        Business Description: MP Complete Solutions, LLC is a Fort
Lauderdale, Florida-based company that owns a residential property
at 3900 SW 56th St and operates on a commission-based model tied to
ongoing real estate transactions.

Chapter 11 Petition Date: March 24, 2026

Court: United States Bankruptcy Court
       Southern District of Florida

Case No.: 26-13535

Judge: Hon. Scott M Grossman

Debtor's Counsel: Adam I. Skolnik, Esq.
                  LAW OFFICE OF ADAM I. SKOLNIK, PA
                  1761 West Hillsboro Boulevard
                  Suite 207
                  Deerfield Beach, FL 33442
                  Tel: 561-265-1120
                  E-mail: askolnik@skolniklawpa.com

Total Assets: $1,106,559

Total Liabilities: $1,616,662

The petition was signed by Maria J. Pascal-Daniels as president.

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

https://www.pacermonitor.com/view/2HUJ6PY/MP_Complete_Solutions_LLC__flsbke-26-13535__0001.0.pdf?mcid=tGE4TAMA


MULTI-COLOR CORP: Cross-Holders Lose Bid to Dismiss Bankruptcy Case
-------------------------------------------------------------------
The Hon. Michael B. Kaplan of the U.S. Bankruptcy Court for the
District of New Jersey denied in its entirety the Cross-Holder Ad
Hoc Group's motion to dismiss or, in the alternative, transfer the
Chapter 11 cases of Multi-Color Corporation and its debtor
affiliates. The United States Trustee's motion to (i) dismiss the
case of MCC-Norwood, LLC pursuant to 11 U.S.C. Sec. 1112(b) and
(ii) transfer venue or dismiss all cases pursuant to 28 U.S.C.
Secs. 1406, 1408, 1412 and Bankruptcy Rule 1014(a) is also denied.


The Cross-Holder Ad Hoc Group and the United States Trustee argue
that venue in the District of New Jersey is improper under 28
U.S.C. Sec. 1408 and that the cases must therefore be dismissed or
transferred. The UST additionally seeks dismissal of MCC-Norwood
under Sec. 1112(b) for lack of good faith.

MCC-Norwood is an Ohio limited liability company, formed in 2014,
and is a direct, wholly owned subsidiary of Debtor Multi-Color
Corporation ("MCC").

On December 19, 2025, MCC-Norwood opened a bank account (as funded,
the "Adequate Assurance Account") with ConnectOne Bank, located in
Englewood Cliffs, New Jersey. On January 13, 2026, Multi-Color
Corporation funded the Adequate Assurance Account with
approximately $1.05 million via a wire transfer. On the same day,
MCC-Norwood opened a second account with ConnectOne Bank (as
funded, the "DIP Account," and, together with the Adequate
Assurance Account, the "Norwood Accounts") and funded the DIP
Account with $1,000 via a wire transfer from the Adequate Assurance
Account.  As of the Petition Date, the balances in the Adequate
Assurance Account and the DIP Account were $1,048,975 and $1,000,
respectively. Debtors maintain that the Norwood Accounts, located
in New Jersey, represent the MCC Norwood's principal assets for the
requisite portion of the 180-day period prior to the filing of the
chapter 11 case, January 29, 2026 (the "Petition Date") and, thus,
venue in this district is proper.

Movants point out that the MCC-Norwood petition lists MCC-Norwood's
principal place of business as being located in Atlanta, Georgia.
And, although venue in this district is premised on the location of
MCC Norwood's principal assets, the portion of the petition that
asks for the location of principal assets, if different from the
principal place of business is blank. The Court rejects this
argument.

According to the Court, venue in this matter turns on where
principal assets were located -- not on whether or when a form was
amended. The Court therefore finds no binding judicial admission
that precludes the Debtors' venue position and declines to ascribe
meaning to the timing of the amended MCC-Norwood petition.

The Cross-Holders allege that venue is improper because during the
relevant period, MCC-Norwood possessed assets, other than the
Norwood Accounts, located outside of the District of New Jersey.
The UST does not explicitly adopt this argument, but agrees that,
if assets other than the Norwood Accounts exist, venue is improper
in New Jersey.  The UST also separately asserts that bank accounts
-- as an intangible asset -- are insufficient to create venue
under Sec. 1408, and that the MCC-Norwood petition was filed in bad
faith and must be dismissed as it lacks a valid restructuring
purpose.

The Court finds that the Norwood Accounts constitute the Debtors'
principal assets for purposes of Sec. 1408.  Because those assets
were located longer in this district than in any other during the
Venue Period -- venue is proper in this district.  

A copy of the Court's decision dated March 16, 2026, is available
at http://urlcurt.com/u?l=oKJ7PFfrom PacerMonitor.com.

                 About Multi-Color Corporation

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.

The Debtors tapped Kirkland & Ellis LLP and Cole Schotz PC as legal
counsel, Evercore as investment banker, AlixPartners as financial
advisor, PwC US Tax LLP as tax services provider, and
PricewaterhouseCoopers Advisory Services LLC as margin reporting
review services provider. Quinn Emanuel Urquhart & Sullivan, LLP is
serving as special counsel to the Special Committee of LABL, Inc.'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 Debtors' claims
agent.

Debevoise & Plimpton LLP and Latham & Watkins LLP are serving as
legal counsel to CD&R and Moelis & Company LLC is serving as its
financial advisor. Milbank LLP and PJT Partners serve as legal
counsel and financial advisor, respectively, to the ad hoc group of
secured creditors.


NB MOUNTAIN: Trustee Hires Holsinger P.C. as Tax Advisor
--------------------------------------------------------
Michael A. Shiner, Esq., the Trustee for NB Mountain Valley, DST
and its affiliates, seek approval from the U.S. Bankruptcy Court
for the Northern District of West Virginia to employ Holsinger,
P.C. as tax advisor.

The firm will provide these services:

     a. advise the Trustee in developing an understanding of the
tax issues related to the Bankruptcy Case, taking into account the
specific facts and circumstances of the Bankruptcy Case for
federal, state and local tax purposes;

     b. advise the Trustee on federal, state and local tax
consequences of sale transactions, proposed plans of
reorganization, and other contemplated actions in the Bankruptcy
Case; and

     c. prepare and file the Debtors' tax returns and other
documents required by federal, state and local taxing authorities.

The firm will be paid at the rate of $100 to $610 per hour.

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

Ryan Zeleznik, a partner at Holsinger, P.C., disclosed in a court
filing that the firm is a "disinterested person" as the term is
defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     Ryan Zeleznik
     Holsinger, P.C.
     117 VIP Drive #220
     Wexford, PA 15090
     Telephone: (724) 934-4880

              About NB Mountain Valley DST

NB Mountain Valley, DST owns the Mountain Valley Apartments, a
student-and professional-oriented residential complex located in
Morgantown, West Virginia, near West Virginia University.

NB Mountain Valley and affiliate, NB Mountain Valley Leaseco,  LLC,
sought protection under Chapter 11 of the U.S. Bankruptcy Code
(Bankr. N.D. W.V. Lead Case No. 25-00456) on August 19, 2025. At
the time of the filing, NB Mountain Valley reported between $10
million and $50 million in both assets and liabilities while NB
Mountain Valley Leaseco reported up to $50,000 in assets and
between $500,001 and $1 million in liabilities.

Judge David L. Bissett oversees the cases.

The Debtors tapped Raines Feldman Littrell, LLP as bankruptcy
counsel; Barth & Thompson as local counsel; and Meridian Management
Partners, LLC as restructuring advisor.

Michael A. Shiner, the Chapter 11 trustee appointed in the Debtors'
cases, is represented by Tucker Arensberg, P.C.

Fannie Mae, as creditor, is represented by:

   Jeffrey G. Wilhelm, Esq.
   Jessica M. Barnes, Esq.
   Reed Smith, LLP
   Reed Smith Centre
   225 Fifth Avenue, Suite 1200
   Pittsburgh, PA 15222
   Telephone: (412) 288-3131
   Facsimile: (412) 288-3063
   E-mail: jwilhelm@reedsmith.com
           jbarnes@reedsmith.com



NEFCO HOLDING: TPG Twin Brook Marks $7.2MM 1L Loan at 66% Off
-------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $7,269,000 loan
extended to NEFCO Holding Company, LLC to market at $2,457,000 or
34% of the outstanding amount, according to TPG Twin Brook's 10-K
for the fiscal year ended Dec. 31, 2025, filed with the U.S.
Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan  extended to NEFCO Holding Company,
LLC. The 1L Loan accrues interest at a rate of P + 4.00 % 10.75 %
per annum. The 1L Loan matures on Aug. 5, 2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

            About NEFCO Holding Company, LLC

NEFCO Holding Company, LLC is a holding company for a specialty
distribution business that supplies construction and industrial
products to contractors and trade professionals.



NEW FORTRESS: Moody's Affirms 'Ca' CFR & Alters Outlook to Stable
-----------------------------------------------------------------
Moody's Ratings affirmed New Fortress Energy Inc.'s (NFE) ratings,
including its Ca Corporate Family Rating, its Ca senior secured
term loan B rating, the C rating on its legacy 2026 and 2029 senior
secured notes and its Ca-PD Probability of Default Rating. Moody's
are maintaining the "/LD" appendage to the PDR to reflect the
ongoing forbearance of NFE's missed interest payments. Moody's also
affirmed the Ca rating on NFE Financing LLC's senior secured notes.
NFE's Speculative Grade Liquidity (SGL) rating is unchanged at
SGL-4. The outlook was changed to stable from negative.

These actions follow NFE's March 17, 2026 announcement it had
entered into a Restructuring Support Agreement ("RSA") with its
creditors as part of a consensual UK Restructuring Plan. Through
the proposed restructuring plan, creditors will exchange NFE debt
for a combination of debt, common and preferred equity, allowing
NFE to reduce its debt by more than 90%. The restructuring is
expected to be completed around midyear 2026, subject to customary
conditions and regulatory approvals. During this period, creditors
have agreed to continue their forbearance agreement with the
company. Should the restructuring be completed as proposed, Moody's
will view it as a distressed exchange – which Moody's considers
to be a default – given the amount of equity being exchanged for
debt and the low recoveries that will result.

RATINGS RATIONALE

NFE's Ca CFR reflects an imminent risk of default and Moody's views
on overall recovery. The company has pursued a number of measures
to improve its liquidity runway and manage its debt maturity
profile, in an effort to repair what has become an untenable
capital structure. NFE's earning underperformance, volatility and
high variability in sources of its earnings and heavy reliance on
debt to fund its growth have resulted in the need to restructure
its debt. The restructuring plan is expected to result in a
substantially improved capital structure and should provide NFE the
flexibility to complete several projects currently underway. As
part of the plan, NFE will spin off its Brazilian operations to
form a standalone company that will be 94% owned by the holders of
NFE Financing's senior secured notes due 2029, resulting in a much
smaller "new" NFE (the remaining operations of the legacy
company.)

The senior secured 2029 notes issued by NFE Financing LLC and the
senior secured term loan B are rated Ca, in line with the Ca CFR.
The legacy 2026 and 2029 notes are rated C, reflecting their lower
collateral coverage and recovery expectations relative to the
security and guarantees packages supporting the term loan B and NFE
Financing LLC notes. The lower coverage and recovery expectations
support Moody's views that the C rating as more appropriate than
the rating suggested by Moody's "Loss Given Default for
Speculative-Grade Companies" methodology model.

NFE has weak liquidity, reflected in its SGL-4 liquidity
assessment. Management believes it has sufficient cash on hand to
maintain operations while it completes its restructuring plan. As
of September 30, 2025 the company had $145 million of cash on hand;
it has not yet filed its 2025 10-K and is in the process of
restating its 2024 and 2025 financial statements.

The stable outlook reflects the company's improved prospects
resulting from the proposed restructuring as well as the greater
clarity regarding expected recovery the restructuring agreement
provides.

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

Ratings could be downgraded if NFE fails to execute its
restructuring plan or if Moody's views on instrument recovery is
lowered. An upgrade is unlikely given the company's intention to
restructure its debt under the terms proposed. Following the
completion of the restructuring, the CFR could be upgraded if the
company is able to achieve its targeted debt reduction and
demonstrate adequate liquidity.

New Fortress Energy Inc. is a US-listed, energy infrastructure
company with liquefaction, regasification and distribution natural
gas operations in Puerto Rico, Mexico, Nicaragua and Brazil.

The principal methodology used in these ratings was Midstream
Energy published in October 2025.

NFE's Ca CFR is three notches below the scorecard-indicated outcome
of Caa1. The assigned rating reflects the company's high risk of
default and Moody's views on overall recovery.


NEW FORTRESS: Says Prior Financial Statements Unreliable
--------------------------------------------------------
New Fortress Energy Inc. disclosed in a regulatory filing that the
Audit Committee of the Board of Directors, based on the
recommendation of management, determined that the Company's
previously issued audited consolidated financial statements for the
years ended December 31, 2024 and 2023 included in its Annual
Report on Form 10-K/A filed on June 30, 2025, and each of the
Company's previously issued unaudited condensed consolidated
financial statements included in its Quarterly Reports on Form 10-Q
as of and for each of the interim periods in 2025 and 2024, should
no longer be relied upon due to the impact of errors.

Similarly, any previously furnished or filed reports, earnings
releases, investor presentations or similar communications of the
Company describing the Company's financial results or other
financial information for the periods covered by the Previous
Filings, should no longer be relied upon related to the same
matters.

During the preparation of the Company's consolidated financial
statements for the year ended December 31, 2025, the Company
identified errors in the Company's historical consolidated
statements of cash flows in the Prior Period Financial Statements.
During the periods covered by the Prior Period Financial
Statements, the Company delayed payments to certain vendors on
certain significant development projects, which allowed the Company
to improve the Company's working capital and liquidity. Payments
for capital expenditures significantly outside of a vendor's
customary payment terms should be classified as financing
activities, as opposed to investing activities, and the Company
will restate the Prior Period Financial Statements in its Annual
Report on Form 10-K for the year ended December 31, 2025 to
reclassify these payments. The restatement will result in a
reduction of cash outflows from investing activities and an
increase to cash outflows from financing activities, as well as the
correction of other insignificant errors.

Additionally, the Company's unaudited consolidated financial
statements as of and for each of the quarters within 2025 will be
restated to correct an error in the capitalization of interest and
other insignificant errors. The Company cannot provide assurance
that other material errors will not be identified.

The Company previously disclosed that it identified a material
weakness in the Company's internal control over financial reporting
as of December 31, 2024, and the Company has identified and
disclosed additional material weaknesses throughout 2025. As a
result of the restatement described above, management re-evaluated
the effectiveness of the Company's ICFR as of December 31, 2024 and
expects to identify an additional material weakness(es) in the
Company's ICFR. The Company will provide further specifics on the
material weakness(es) in its ICFR and its plan of remediation to
address such weakness(es) in the 2025 Annual Report, which the
Company will file as soon as practicable. The adjustments that will
be recorded in the restated financial statements did not result
from any override of controls or misconduct.

The Company's management and the Audit Committee have discussed the
matters with the Company's independent registered public accounting
firm, Ernst & Young LLP.

                 About New Fortress Energy Inc.

New Fortress Energy Inc., a Delaware corporation, is a global
energy infrastructure company founded to help address energy
poverty and accelerate the world's transition to reliable,
affordable and clean energy. The Company owns and operates natural
gas and liquefied natural gas infrastructure, ships and logistics
assets to rapidly deliver turnkey energy solutions to global
markets. The Company has liquefaction, regasification and power
generation operations in the United States, Jamaica, Brazil and
Mexico. The Company has marine operations with vessels operating
under time charters and in the spot market globally.

As of September 30, 2025, the Company had $11.9 billion in total
assets, $10.8 billion in total liabilities, and a total
stockholders' equity of $1.1 billion.

                           *     *     *

In November 2025, S&P Global Ratings lowered its issuer credit
rating on New Fortress Energy Inc. (NFE) to 'SD' (selective
default) from 'CCC'. At the same time, S&P lowered its issue level
rating on NFE's 12% senior secured notes due 2029 to 'D' from
'CCC-'. The downgrade reflects NFE's decision to enter into a
forbearance agreement. S&P will reevaluate its ratings on NFE
before the end of November as more information becomes available.

The Company has initiated a process to evaluate its strategic
alternatives to improve its capital structure. It has retained
Houlihan Lokey Capital, Inc. as financial advisor and Skadden,
Arps, Slate, Meagher & Flom LLP as legal advisor to assist it in
this evaluation. The Company, along with its advisors, is
considering all options available, including asset sales, capital
raising, debt amendments and refinancing transactions, and other
strategic transactions that seek to provide additional liquidity
and relief from acceleration under its debt agreements.

As part of this process, the Company is engaging in discussions
with various existing stakeholders and potential investors. There
are inherent uncertainties as the outcome of these negotiations and
potential transactions are outside management's control, and
therefore there are no assurances that management will be
successful in these negotiations and that any of these potential
transactions will occur.

In addition, there can be no assurances that these transactions
will sufficiently improve the Company's liquidity or that the
Company will otherwise realize the anticipated benefits.

Moreover, if the Company fails to obtain amendments and
forbearance, the Company may be required or compelled to pursue
additional restructuring initiatives to preserve value and
optionality, including possible out-of-court restructurings, or
in-court relief, which could have a material and adverse impact on
the Company's stockholders.


NEWPORT CAPITAL: Commences Chapter 7 Bankruptcy in California
-------------------------------------------------------------
On March 19, 2026, Newport Capital Holdings LP filed for Chapter 7
protection in the U.S. Bankruptcy Court for the Central District of
California. According to court filings, the Debtor reports between
$1MM and $10MM in debt owed to 1–49 creditors.

June 15, 2026 is the deadline for filing discharge objections.

                    About Newport Capital Holdings LP

Newport Capital Holdings LP is a limited partnership.

Newport Capital Holdings LP sought relief under Chapter 7 of the
U.S. Bankruptcy Code (Bankr. Case No. 26-10851) on March 19, 2026.
In its petition, the Debtor reports estimated assets ranging from
$0 to $100,000 and estimated liabilities between $1MM and $10MM.

Honorable Bankruptcy Judge Scott C. Clarkson handles the case.

The Debtor is represented by Allan Otis Cate, Jr., Esq. of Cate
Legal Group.


NOBLE CORP: S&P Affirms 'BB-' Issuer Credit Rating, Outlook Stable
------------------------------------------------------------------
S&P Global Ratings affirmed its 'BB-' issuer credit rating on Noble
Corp. PLC.

S&P said, "We also affirmed our 'BB-' issue-level rating on Noble's
$1.4 billion of 8.0% senior unsecured notes due April 2030 (issued
by Noble Finance II LLC) with a '3' recovery rating, indicating our
expectation for meaningful (50%-70%; rounded estimate: 60%)
recovery in the event of a payment default.

"At the same time, we affirmed the 'BB+' issue-level rating on its
$550 million of 8.5% senior secured second-lien notes due October
2030, originally issued by Diamond Foreign Asset Co. and Diamond
Finance LLC and guaranteed on a senior secured basis by Noble
Offshore Drilling Inc., with a '1' recovery rating, indicating our
expectation for very high (90%-100%; rounded estimate: 95%)
recovery of principal to creditors in the event of a payment
default.

"The stable outlook reflects our view that Noble's credit measures
will improve as activity and utilization of its fleet pick up
starting in the second half of 2026, supported by the company's
sizeable contract backlog. Based on our current assumptions, we
anticipate Noble's funds from operations (FFO) to debt to average
about 40% in 2026 before improving to 45%-50% in 2027."

Noble Corp. PLC, a U.K.-based offshore drilling company, reported
softer day rates and lower utilization in 2025, leading to
weaker‑than‑expected credit measures. However, S&P expects
operating performance to improve in the second half of 2026.

S&P said, "We expect operating performance to meaningfully improve
in 2027. We view 2026 as a transitional year for Noble, with lower
earnings and cash flow year over year due to decreased near-term
utilization, contract rollovers, and elevated capital spending
related to rig reactivations and contract preparation. We believe
near term “whitespace” in the contract schedule, the timing of
new contracts commencements, and associated upfront costs will
likely pressure Noble's EBITDA and free operating cash flow (FOCF)
generation this year.

"Overall, we estimate 70%-75% of the company's floater fleet is
currently contracted for 2026, with floater utilization increasing
to about 90% in 2027 as new contracts commence. In contrast, we
expect jackup utilization to decline to about 60% in 2027 from
75%-80% in 2026, absent an extension of the Aker BP contract.

From a pricing standpoint, the company has indicated leading‑edge
day rates of about $400,000 for high-specification, 7th-generation
floaters, while sixth‑generation rigs are generally contracting
in the low‑ to high‑$300,000 range. Beginning in mid‑2026,
several rigs are expected to start new contracts.

"As reactivated rigs return to service at higher day rates, we
expect operating performance to improve in 2027. As a result, we
project EBITDA will increase to $1.2 billion-$1.3 billion in 2027
from $950 million-$1.0 billion in 2026. We also project FOCF to
improve to $500 million-$550 million in 2027, up from $250
million-$300 million in 2026.

"Overall, we expect FFO to debt to strengthen to 45%-50% in 2027
from around 40% in 2026, which we view as consistent with the
current rating. While leverage increased from prior levels due to
the Diamond acquisition, we expect Noble to continue adhering to
its stated financial policy of maintaining net leverage below 1.0x
with at least $600 million of total liquidity, while managing
shareholder distributions in a prudent manner.

"A sizeable backlog provides meaningful revenue visibility into
2026 and 2027. As of February 2026, Noble's backlog stood at about
$7.5 billion. We note its year‑two backlog now exceeds its
current‑year backlog, providing improved visibility into higher
utilization and earnings in 2027."

One of the key contributors of the backlog is Noble's multiyear
commercial enabling agreement with ExxonMobil Corp.
(AA-/Stable/A-1+), which includes four Tier‑1 drillships
operating in Guyana under firm contracts that were recently
extended until February 2029, with rates subject to semiannual
market‑based resets. In addition, in January 2026, Aker BP
(BBB/Stable/--) awarded Noble a three‑year contract for the
harsh‑environment semisubmersible Noble GreatWhite, commencing in
the second quarter of 2027 and valued at approximately $473
million, marking the company's entry into the Norwegian floater
market.

Separately, ExxonMobil awarded the drillship Noble Gerry de Souza a
two‑year contract offshore Nigeria beginning in mid‑2026, with
options that could extend the contract by up to three additional
years. Noble also benefits from its alliance frame agreement with
Aker BP, which includes three ultra‑harsh‑environment jackups
contracted through January and November 2027.

S&P said, "We view these longer‑term contracts and extensions as
supportive of Noble's growing backlog, enhancing earnings
predictability and supporting cash flow stability. Overall, we see
upside to our base‑case assumptions given ongoing tender activity
across several offshore markets--particularly in Africa--which
could support higher utilization and incremental earnings over the
medium term."

Noble has refined its focus toward high‑specification floating
rigs and the ultra‑harsh‑environment jackup market in Norway
and the North Sea following a series of portfolio transactions. The
company recently completed the sale of five jackup rigs--Noble Tom
Prosser, Noble Mick O'Brien, Noble Regina Allen, Noble Resilient,
and Noble Resolute--to Borr Drilling for $360 million, comprising
$210 million in cash and $150 million in seller notes.

Under the transaction terms, Noble will continue to operate the
Mick O'Brien and Resolute under bareboat charters through December
2026, and the Resilient through the remainder of its existing
contract, including any customer options. The company also
announced the sale of Noble Resolve for $64 million.

Following these transactions, Noble operates a diversified fleet of
24 floating rigs, consisting of 16 drillships and eight
semisubmersibles, as well as five jackups. The fleet maintains a
global operating presence across core offshore basins, including
the Gulf of Mexico, South America, West Africa, the North Sea, and
Southeast Asia. S&P views these transactions as supportive of
higher fleet quality and therefore adjusted our FFO to debt
downside trigger to well below 45%, from close to 45%.

S&P said, "We expect capital spending to increase in 2026. We
estimate the company will spend $590 million-$640 million of
capital expenditures (capex), up from about $520 million in 2025.
This will primarily by driven by approximately half of the $160
million reactivation spend for the GreatWhite (with the remaining
balance extending into 2027), about $50 million of
project‑related capex associated with recently awarded contracts,
and roughly $25 million of customer‑reimbursable spending. Beyond
2026, we expect capex to step down to $300 million-$400 million,
excluding the remaining GreatWhite project‑related capital (about
$80 million for 2027).

"We revised our management and governance score to neutral from
moderately negative. Although the company filed for Chapter 11
bankruptcy in 2020, it has since demonstrated a consistent
operating and financial reporting track record, with no material
internal control weaknesses identified in recent periods.

"The stable outlook reflects our view that Noble's credit measures
will improve as activity levels and utilization of its fleet pick
up starting in the second half of 2026, supported by the company's
sizeable contract backlog. Based on our current assumptions, we
anticipate Noble's FFO to debt to average about 40% in 2026,
improving to 45%-50% in 2027.

"We could lower our ratings on Noble if its FFO to debt falls well
below 45% for a sustained period, causing us to reassess our view
of the company's financial risk profile." This would most likely
occur if:

-- Market fundamentals weaken, contrary to S&P's current
expectations, triggering a sustained decrease in the company's day
rates and utilization; or

-- It pursues a more-aggressive financial policy by significantly
increasing its capital spending or shareholder distributions, or
undertakes debt-financed acquisitions without near-term offsetting
cash flow.

S&P could raise its rating on Noble if:

-- Offshore market fundamentals strengthen beyond our current
expectations, leading to higher utilization and day rates,
longer-term contracts that provide good revenue visibility, and
stable profitability over a sustained period; and

-- The company maintains appropriate credit measures, including
FFO to debt of comfortably above 60% and positive discretionary
cash flow, as well as a conservative financial policy.



NORTH COUNTY: Hires Financial Relief Law as Bankruptcy Counsel
--------------------------------------------------------------
North County Pizza, Inc. seeks approval from the U.S. Bankruptcy
Court for the Southern District of California to employ Financial
Relief Law Center, APC as general bankruptcy counsel.

The firm will render these services:

     1. represent Debtor as a Debtor in Possession;

     2. advise Debtor regarding the requirements of the Bankruptcy
Code, the Bankruptcy Rules, the Local Bankruptcy Rules, and the
requirements of the Office of the United States Trustee pertaining
to the administration of the Estate and the use thereof;

     3. prepare, among other things, motions, applications,
answers, orders, memoranda, reports, and papers in connection with
the administration of the Estate;

     4. analyze and prepare necessary objections to proofs of claim
filed against the Estate;

     5. represent the Debtor in any proceeding or hearing in the
Court;

     6. negotiate, formulate, and draft any plan(s) of
reorganization and disclosure statement(s);

     7. advise and represent Debtor in connection with their
investigation of potential causes of action against persons or
entities, including, but not limited to, avoidance actions, and the
litigation thereof, if warranted; and

     8. render such other advice and services as Debtor may require
in connection with the Case; and

     9. assist Debtor with monthly operating reports and compliance
with guidelines of the Office of the United States Trustee.

The firm received a retainer in the amount of $65,000.

The firm will be paid at these rates:

     Andy C. Warshaw,  Partner       $495 per hour per hour
     Amanda Billyard,  Partner       $450 per hour
     Rich Sturdevant,  Associate     $450 per hour
     Associate or of Counsel         $450 per hour
     Paralegal                       $250 per hour
     Victor Ugarte, Legal Assistant  $195 per hour

The Debtor paid the firm a total retainer of $13,500.

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

Andy C. Warshaw, Esq., a partner at Financial Relief Law Center,
attests that he and his firm are "disinterested persons" within the
meaning of Section 101 (14) of the Bankruptcy Code.

The firm can be reached at:

     Andy C. Warshaw, Esq.
     Richard Sturdevant, Esq.
     Financial Relief Law Center, APC
     1200 Main Street, Suite G
     Irvine, CA 92614
     Telephone: (714) 442-3319
     Facsimile: (714) 361-5380
     Email: rich@bwlawcenter.com
     Email: awarshaw@bwlawcenter.com

              About North County Pizza, Inc.

North County Pizza, Inc. in Oceanside, CA, sought relief under
Chapter 11 of the Bankruptcy Code filed its voluntary petition for
Chapter 11 protection (Bankr. S.D. Cal. Case No. 26-00968) on March
11, 2026, listing $100,000 to $500,000 in assets and $1 million to
$10 million in liabilities. Shane Casey as president, signed the
petition.

FINANCIAL RELIEF LAW CENTER, APC serve as the Debtor's legal
counsel.


NRPF GROUP: Case Summary & 30 Largest Unsecured Creditors
---------------------------------------------------------
Three affiliates that concurrently filed voluntary petitions for
relief under Chapter 11 of the Bankruptcy Code:

   Debtor                                             Case No.
   ------                                             --------
   NRPF Group Two, LLC (Lead Case)                    26-34945
   One Buckhead Plaza
   3060 Peachtree Road, NW
   Suite 425
   Atlanta, GA 30305

   Neighborhood Restaurant Partners Florida, LLC      26-34946
   Neighborhood Restaurant Partners Florida Two, LLC  26-34948

Business Description: Neighborhood Restaurant Partners Florida, LLC
Neighborhood Restaurant Partners Florida Two, LLC operate
Applebee's Neighborhood Bar & Grill restaurants in Florida, Georgia
and Alabama, with parent NRPF Group Two, LLC acting as the Georgia
holding company and maintaining executive offices in Atlanta. The
group expanded in 2012 through the acquisition of 50 restaurants in
the Tampa and Orlando markets and an additional 15 units later that
year. Softer sales, higher operating costs and weaker traffic later
pressured performance, leading to nine restaurant closures in FYE
2025 and five more in the first quarter of 2026, leaving 53
restaurants in operation.

Chapter 11 Petition Date: March 24, 2026

Court: United States Bankruptcy Court
       Northern District of Georgia

Judge: TBD

Debtors' Counsel: J. Robert Williamson, Esq.
                  SCROGGINS, WILLIAMSON & RAY, P.C.
                  4401 Northside Parkway
                  Suite 230
                  Atlanta, GA 30327
                  Tel: 404-893-3880
                  Email: rwilliamson@swlawfirm.com

NRPF Group Two, LLC's
Estimated Assets: $0 to $50,000

NRPF Group Two, LLC's
Estimated Liabilities: $10 million to $50 million

Neighborhood Restaurant Partners Florida, LLC's
Estimated Assets: $10 million to $50 million

Neighborhood Restaurant Partners Florida, LLC's
Estimated Liabilities: $10 million to $50 million

The petitions were signed by Katie S. Goodman as chief
restructuring officer.

Full-text copies of the petitions are available for free on
PacerMonitor at:

https://www.pacermonitor.com/view/CXIEKYI/NRPF_Group_Two_LLC__ganbke-26-53945__0001.0.pdf?mcid=tGE4TAMA

https://www.pacermonitor.com/view/C6RF5MQ/Neighborhood_Restaurant_Partners__ganbke-26-53946__0001.0.pdf?mcid=tGE4TAMA

https://www.pacermonitor.com/view/ZZV36SQ/Neighborhood_Restaurants_Partners__ganbke-26-53948__0001.0.pdf?mcid=tGE4TAMA

List of Debtors' 30 Largest Unsecured Creditors:
  
   Entity                        Nature of Claim      Claim Amount

1. Equity Bank                      Bank Loan          $13,184,000
PO Box 780163
Wichita, KS 67278-0163
Brian Chamberlin
Email: bchamberlin@equitybank.com

2. Applebees Services            Franchise/Loans        $4,639,374

9727 Antioch Road
PO Box 12130
Overland Park, KS 66282
Justin Ma
Email: justin.ma@dinebrands.com

3. Realty Income Corporation         Lease              $1,105,943

(NYSE "O")
The Monthly Dividend Company
2325 E Camelback Road
9th Floor
Phoenix, AZ 85016
Jeff Koerperick
Email: jkoerperick@realtyincome.com

4. SCF Realty Capital LLC            Lease                $378,863
C/O Asset Manager
47 Hulfish St, Ste 210
Princeton, NJ 08542
Max Ivanov
Email: mivanov@essentialproperties.com

5. Bettja Jebailey LLC               Lease                $321,275

3700 34th Street, Ste 300
Orlando, FL 32805
Raquel Robinson
Email: rrobinson@ph-dev.com

6. Hillsborough County                Tax                 $285,299
Tax Collector
2506 N Falkenburg Road
Tampa, FL 33619
Nancy C. Millan
Email: taxes@hillstaxfl.gov

7. Ben Hur Celebration LLC           Lease                $259,356

2400 US Highway 1,
North Brunswick, NJ 08902
Patrick Koenig
Email: pkoenig@flagler-realty.com

8. Orange County Tax Collector        Tax                 $204,981
PO Box 545100
Orlando, FL 32854
Scott Randolph
Email: taxcollector@octaxcol.com
   
9. Wells Kissimmee LLC               Lease                $146,101

PO Box 1855
Flat Rock, NC 28731
William Hale
Email: willymaxhale@gmail.com

10. Pinellas County Tax Collector     Tax                 $134,246

29399 US Hwy 19 N, Ste 200
Clearwater, FL 33761
Tampa, FL 33631-3149
Adam Ross
Email: adamross@pinellastaxcollector.gov

11. Polk County Tax Collector         Tax                  $96,482
430 East Main Street
Bartow, FL 33830
Bartow, FL 33831-1189
Joe G. Tedder
Email: polktaxes.com
  
12. American Environment             Lease                 $89,910
Foundation
1937 Laskin Road
Virginia Beach, VA 23454
Craig Davis
Email: craig@americanenvironmentfoundation.org

13. Volusia County Rev Division      Tax                   $88,458
1200 Deltona Blvd, Suite 27-28
Deltona, FL 32725
Will Roberts
Email: vctaxcollector.org

14. MCO International               Lease                  $85,605
Properties LLC
PO Box 306
Hartsdale, NY 10530
Thomas Lee
Email: propertymanagementoffice1@gmail.com

15. Osceola County Tax Collector     Tax                   $84,160
PO Box 442105
Kissimmee, FL 34742
Bruce Vickers
Email: osceolataxcollector.org

16. Lake County Tax Collector        Tax                   $76,411
1800 David Walker Dr
Tavares, FL 32778
David W. Jordan
Email: commercial@lcpafl.org

17. Citrus County Tax Collector      Tax                   $70,607
210 N Apopka Ave
Suite 100
Inverness, FL 34450
Janice A. Warren
Email: taxcollector@citrustc.us

18. Igel Family Realty LLC          Lease                  $69,014

250 West 90th Street
Suite 3I
New York, NY 10024                                        
Lynn Igel
Email: igelcpa@gmail.com

19. DPBI Tifton LLC-ACH             Lease                  $60,468
Peregrine Property Management
20 Newman Ave, Suite 1005
Rumford, RI 02916
Stephen Olson
Email: solson@dpb-inc.com

20. Brevard County Tax Collector     Tax                   $60,464
400 South Street
Titusville, FL 32780
Titusville, FL 32781-2500
Lisa Cullen
Email: bustax@brevardtc.com

21. Hernando County Tax Collector    Tax                   $59,574
20 North Main St
Room 112
Brooksville, FL 34601
Amy Blackburn
Email: tc@hernandocounty.us

22. Sun Buena Vista LP              Lease                  $59,411
13351 SR 535
Orlando, FL 32821
Tyler Puddy
Email: tyler@vistahospitality.com

23. Jesse V Ritter, Trustee         Lease                  $57,431
4606 Old Polk City Rd
Lakeland, FL 33809
Jesse V Ritter
Email: jritter2545@yahoo.com

24. Lowndes County Tax               Tax                   $55,442
Commissioner
300 N Patterson St,
Valdosta, GA 31601
Valdosta, GA 31603
Clay Guess
Email: clay.guess@lowndescounty.com

25. Bay County Tax Collector         Tax                   $46,193
10071 Hutchinson Blvd
Panama City Beach, FL 32407
Chuck Perdue
Email: taxcollector@baycountyfltax.gov

26. KMA USA Real Property           Lease                  $46,047
Investments
1000 Brickell Ave, Suite 400
Miami, FL 33131
Maria Amin
Email: aminmariadelr@gmail.com

27. Leon County Tax Collector        Tax                   $45,507
1276 Metropolitan Blvd, Suite 102
Tallahassee, FL 32312
Tallahassee, FL 32302-1835
Doris Maloy
Email: webtax@leoncountyfl.gov

28. Dougherty County Tax Dept        Tax                   $34,395
240 Pine Ave
Albany, GA 31701
Shonna Josey
Email: docotax@dougherty.ga.us

29. R.V. Hendrix Tallahassee        Lease                  $28,253
Holding LLC
PO Box 2949
Jupiter, FL 33468
Charles W. Hendrix (Woody)
Email: hendrix5455@comcast.net

30. Alachua County Tax Collector     Tax                   $24,640
12 SE 1st Street
County Admin Bldg
Gainesville, FL 32601
John Power
Email: info@alachuacollector.com


OCEAN POWER: Fiscal Q3 Loss Widens to $11.4MM, Warns of Cash Crunch
-------------------------------------------------------------------
Ocean Power Technologies Inc. filed with the U.S. Securities and
Exchange Commission its Quarterly Report on Form 10-Q reporting a
net loss of $11.4 million for the three months ended January 31,
2026, compared to a net loss of $6.7 million for the three months
ended January 31, 2025. For the nine months ended January 31, 2026,
the Company reported a net loss of $29.6 million, compared to a net
loss of $15.1 million for the same period in 2025.

Total revenues for the three months ended January 31, 2026 and
2024, were $513 thousand and $825 thousand, respectively.  For the
nine months ended January 31, 2026 and 2024, the Company had total
revenues of $2.1 million and $4.5 million, respectively.

Going Concern

During the nine months ended January 31, 2026, the Company incurred
a net loss of approximately $29.6 million and used cash in
operations of approximately $19.9 million.

The Company's future results of operations involve significant
risks and uncertainties. Factors that could affect the Company's
future operating results and could cause actual results to vary
materially from expectations include, but are not limited to,
performance of its products, its ability to market and
commercialize its products and new products that it may develop,
access to capital, technology development, scalability of
technology and production, ability to attract and retain key
personnel, concentration of customers and suppliers, pending or
threatened litigation and deployment risks and integration of
acquisitions.

Additionally, the Company's current cash balance may not be
sufficient to fund its planned expenditures through 12 months from
March 17, 2026, the filing date of this Form 10-Q. These conditions
raise substantial doubt about the Company's ability to continue as
a going concern.

The ability to continue as a going concern is dependent upon the
Company's operations in the future and/or obtaining the necessary
financing to meet its obligations and repay its liabilities arising
from normal business operations when they become due.

There can be no assurance that sufficient funds required during the
next year or thereafter will be generated from operations or that
funds will be available from external sources, such as debt or
equity financings or other potential sources. The lack of
additional capital resulting from the inability to generate cash
flow from operations, or to raise capital from external sources
would have a material adverse effect on its business.

Furthermore, there can be no assurance that any such required
funds, if available, will be available on attractive terms or that
they will not have a significant dilutive effect on the Company's
existing stockholders.

A full text copy of the Company's Form 10-Q is available at
https://tinyurl.com/mr3yyrps

                        About Ocean Power

OPT -- www.OceanPowerTechnologies.com -- provides intelligent
maritime solutions and services that enable safer, cleaner, and
more productive ocean operations for the defense and security, oil
and gas, science and research, and offshore wind markets including
Merrows(TM), which provides AI-capable seamless integration of
Maritime Domain Awareness Systems across platforms. The Company's
PowerBuoy(R) platforms provide clean and reliable electric power
and real-time data communications for remote maritime and subsea
applications. The Company also provide WAM-V(R) autonomous surface
vessels (ASVs) and marine robotics services. The Company's
headquarters is located in Monroe Township, New Jersey and has an
additional office in Richmond, California.

As of January 31, 2026, the Company had $41.1 million in total
assets, $21.1 million in total liabilities, and $20.1 million in
total stockholders' equity.


OUACHITA COUNTY MEDICAL: Seeks Chapter 11 Bankruptcy in Arkansas
----------------------------------------------------------------
On March 9, 2026, Ouachita County Medical Center filed for Chapter
11 protection in the U.S. Bankruptcy Court for the Western District
of Arkansas. According to the court filing, the debtor reports
between $1 million and $10 million in debt owed to 200–999
creditors.

            About Ouachita County Medical Center

Ouachita County Medical Center is a rural acute care hospital based
in Camden, Arkansas. The medical center provides emergency care,
general patient services, and select specialty programs, serving as
a primary health care resource for Ouachita County residents and
underserved communities nearby.

Ouachita County Medical Center sought relief under Chapter 11 of
the U.S. Bankruptcy Code (Bankr. W.D. Ark. Case No. 26-70418) on
March 9, 2026. In its petition, the debtor reports estimated assets
between $1 million and $10 million and estimated liabilities
between $1 million and $10 million.

Honorable Bankruptcy Judge Richard D. Taylor handles the case.

The debtor is represented by Kevin P. Keech, Esq. of Keech Law
Firm, P.A.


P1 DENTAL: TPG Twin Brook Marks $1.5MM 1L Loan at 61% Off
---------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $1,522,000 loan
extended to P1 Dental MSO, LLC to market at $586,000 or 39% of the
outstanding amount, according to TPG Twin Brook's 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to P1 Dental MSO, LLC. The
1L Loan accrues interest at a rate of S + 5.00 % 8.79 % per annum.
The 1L Loan matures on Jan. 31, 2030.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About P1 Dental MSO, LLC

P1 Dental MSO, LLC operates as a dental partnership organization.
The Organization offers a model designed for dentists seeking a
collaborative, integrity-guided, and patient-first approach to
practice management.


PARKERVISION: Liabilities Exceed Assets by US$45.1MM at Dec. 31
---------------------------------------------------------------
Parkervision Inc. (OTCMKTS: PRKR)'s stockholder's deficit was
US$45.1 million at Dec. 31, 2025. The stockholder's deficit was
US$46.4 million at Dec. 31, 2024.

At Dec. 31, 2025, the company had total assets of US$5.4 million
and total liabilities of US$50.5 million. At Dec. 31, 2024, the
company had total assets of US$5.9 million and total liabilities of
US$52.3 million.

The Company said: "With the exception of the year ended December
31, 2023, we have incurred significant losses from operations and
negative cash flows in every year since inception, largely as a
result of our significant investments in developing advanced
technologies and protecting our intellectual property.  We have
utilized the proceeds from sales of debt and equity securities and
contingent funding arrangements with third parties to fund our
operations, including the cost of litigation to enforce our
intellectual property rights. At December 31, 2025, we had cash and
cash equivalents of approximately $4.4 million, working capital of
$2.3 million, and an accumulated deficit of approximately $455.6
million."

In March 2026, the Company issued 3.3 million shares of its common
stock in satisfaction of approximately $700,000 in convertible debt
and related accrued interest that was scheduled to mature in March
2026.

In November 2025, it completed two registered direct offerings with
accredited investors under a shelf registration statement for net
proceeds of approximately $4.4 million.  These proceeds are being
used to fund the Company’s ongoing operations.

The Company also disclosed that a significant portion of its
litigation costs have been funded under a secured contingent
payment arrangement with Brickell Key Investments, LP, contingent
arrangements with legal counsel, and various debt and equity
financings.  The Company said it has secured and unsecured
contingent payment obligations recorded at an aggregate estimated
fair value of $46.1 million and $46.7 million as of Dec. 31, 2025
and 2024, respectively.  These repayment obligations are contingent
upon receipt of proceeds from patent enforcement and other patent
monetization actions.

The Company added that its secured contingent payment obligation is
payable to Brickell as a result of $23 million in aggregate
borrowings under litigation funding arrangements initiated in 2016.
As of Dec. 31, 2025, the company has repaid Brickell an aggregate
of $17.3 million to date under these agreements.  The contingent
payment obligation to Brickell is recorded at its estimated fair
market value of $39.7 million at Dec. 31, 2025, a decrease of $1.1
million or 3% from the estimated fair market value at Dec. 31,
2024.  This decrease in fair value is primarily the result of
changes in the estimated amounts and timing of projected future
cash flows due to changes in probabilities and time frames based on
the status of various patent infringement actions.

Brickell is entitled to the first $5.8 million in proceeds received
by the Company, net of contingent legal fees, from any
patent-related actions.  Thereafter, Brickell is entitled to a
prorated percentage of net proceeds.  The underlying carrying value
of the contingent payment obligation is represented by a
non-recourse note with a face value of $45.5 million, plus accrued
interest of approximately $21.9 million as of Dec. 31, 2025.  The
note matures on Aug. 14, 2028.

"If our repayments to Brickell are insufficient to repay the face
value of the note plus accrued interest by the maturity date, our
remaining repayment obligations under the note will be reduced to
zero with future payment obligations, if any, being determined
under a separate prepaid forward purchase agreement that entitles
Brickell to a specified percentage of monetary recoveries resulting
from patent-related actions to the extent not already paid to
Brickell under the note or previous litigation funding agreements,"
the Company said.

The Company also held it has incurred unsecured contingent payment
obligations in connection with various funding arrangements.
"These contingent payment obligations are payable from our share of
patent-related proceeds after satisfaction of our priority
obligation to Brickell and payment of contingent fees to legal
counsel.  These unsecured contingent payment obligations are
recorded at an aggregate estimated fair value of $6.4 million at
December 31, 2025, representing an increase of $0.5 million, or
8.5% from the estimated fair market value at December 31, 2024.
This increase is primarily the result of changes in the estimated
amounts and timing of projected future cash flows due to changes in
probabilities and time frames based on the status of various patent
infringement actions.  The maximum payment obligation for our
unsecured contingent payment obligations is $10.8 million at
December 31, 2025," according to the Company.

The Company also disclosed that as of Dec. 31, 2025, it had a
$200,000 unsecured note payable to Sterne, Kessler, Goldstein, &
Fox, PLLC, a related party.  The note calls for monthly payments of
$12,500 through March 2027 with a final payment of approximately
$20,000 in April 2027.  "Failure to comply with the payment terms
of this note constitutes an event of default which, if uncured,
will result in the entire unpaid principal balance of the note and
any unpaid, accrued interest to become immediately due and payable.
In addition, an event of default results in an increase in the
interest rate under the notes to a default rate of 12% per annum,"
the Company said.

As of Dec. 31, 2025 and 2024, the Company had $3.1 million and $3.5
million, respectively in notes, convertible at the holders' option,
into shares of the Company's common stock at fixed conversion
prices ranging from $0.08 to $0.25 per share.  "The decrease in the
carrying value of our convertible notes is the result of
approximately $0.4 million in notes that were converted into
approximately 3.0 million shares of our common stock during 2025.
The outstanding convertible notes as of December 31, 2025 mature at
varying dates from January 2026 to January 2028.  Notes
representing approximately 45% of the outstanding principal balance
are held by a single party and contain provisions for automatic
extension of the maturity dates of the notes by up to ten one-year
periods, if not revoked at the option of the holder," the Company
said.

The notes bear interest at stated rates ranging from 7.5% to 9% per
annum and interest is generally payable quarterly.  "We have the
option, subject to certain conditions, to pay the quarterly
interest in-kind with shares of our common stock based on the
market price of our common stock at the interest payment date.  To
date, nearly all of the interest payments under these convertible
notes have been paid in-kind, and we anticipate that future
payments of interest will also be paid in-kind to the extent
allowable.  The notes provide for events of default that include
failure to pay principal or interest when due, breach of any of the
representations made by us, events of liquidation or bankruptcy,
and a change in control.  In the event of default, the interest
rate increases to 12% per annum and the outstanding principal
balance of the notes plus all accrued interest due may be declared
immediately payable by the holders of a majority of the
then-outstanding notes."

A full-text copy of the Form 10-K is available at
https://tinyurl.com/4npbtwp2

           About Parkervision Inc

Parkervision Inc is a technology company focused on the development
and commercialization of radio-frequency (RF) technologies used in
wireless communications. The company has historically pursued
licensing and enforcement of its intellectual property portfolio
related to RF energy and wireless networking solutions.



PATRIOT DSP: Gets Interim OK to Use Cash Collateral
---------------------------------------------------
Patriot DSP, LLC got the green light from the U.S. Bankruptcy Court
for the Northern District of Texas, Fort Worth 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
8.

The Debtor intends to use cash collateral to continue business
operations, including payroll and general expenses as set forth in
its budget, with flexibility to exceed individual line items by up
to 10% to cover unforeseen costs.

The Debtor said that all revenue generated by its electrical
contractor business will be deposited into a DIP operating account
pending court approval or consent from lienholders, ensuring proper
accounting and protection of secured interests.

The secured creditors with interests in the Debtor's current and
future accounts, cash, and equipment include the U.S. Small
Business Administration, Gelco Fleet Trust, and an unknown
creditor, as reflected in UCC filings.

                       About Patriot DSP LLC

Patriot DSP LLC is an Amazon delivery service and electrical
contractor business.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D. Tex. Case No. 26-41165-mxm11) on March
16, 2026. In the petition signed by Blake Vaughn, owner, the Debtor
disclosed up to $500,000 in assets and up to $10 million in
liabilities.

Judge Mark X. Mullin oversees the case.

Robert C Lane, Esq., at The Lane Law Firm, represents the Debtor as
legal counsel.


POINT CLEAR: Hires Bellator Real Estate Fairhope as Broker
----------------------------------------------------------
Point Clear Capital Advisors, LLC and affiliate seek approval from
the U.S. Bankruptcy Court for the Northern District of Florida to
employ Bellator Real Estate-Fairhope as broker.

The firm will market and sell the Debtors' real property located at
16291 Scenic Highway 98, Fairhope, Alabama.

The firm will be paid a commission of 3 percent of the sales
price.

David Turk, a partner at Bellator Real Estate-Fairhope, disclosed
in a court filing that the firm is a "disinterested person" as the
term is defined in Section 101(14) of the Bankruptcy Code.

The firm can be reached at:

     David Turk
     Bellator Real Estate–Fairhope
     11 North Section Street
     Fairhope, AL 36532
     Tel: (251) 990-8838

              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.


PREMIER EARLY: TPG Twin Brook Marks $8.4M 1L Loan at 24% Off
------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $8,403,000 loan
extended to Premier Early Childhood Education Partners LLC to
market at $6,346,000 or 76% of the outstanding amount, according to
Tpg Twin Brook's 10-K for the fiscal year ended Dec. 31, 2025,
filed with the U.S. Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured delayed draw term loan extended to Premier Early
Childhood Education Partners LLC. The 1L Loan accrues interest at a
rate of S + 6.00% 9.92% per annum. The 1L Loan matures on Nov. 22,
2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Premier Early Childhood Education Partners LLC

Premier Early Childhood Education Partners LLC provides educational
services. The Company offers curriculum-focused early childhood
education programs and care to improve the lives of working parents
and their children by maintaining personal and corporate ethics to
solve social problems.


PRO CARPENTRY: Hires Schafer and Weiner as Bankruptcy Counsel
-------------------------------------------------------------
Pro Carpentry, LLC seeks approval from the U.S. Bankruptcy Court
for the Eastern District of Michigan to employ Schafer and Weiner,
PLLC as bankruptcy counsel.

The firm will provide these services:

   (a) give the Debtor and Debtor-in-Possession legal advice with
respect to its powers and duties in these proceedings;

    (b) prepare on behalf of the Debtor and Debtor-in-Possession
the necessary applications, answers, orders, reports and other
legal papers;

    (c) perform all other legal services for the Debtor and
Debtor-in-Possession which may be necessary herein; and

    (d) represent the Debtor in any adversary proceeding and all
other matters as it relates to the Chapter 11 proceedings.

The firm will be paid at these rates:

     Daniel J. Weiner               $675 per hour
     Howard Borin                   $510 per hour
     Joseph K. Grekin               $510 per hour
     John J. Stockdale, Jr.         $495 per hour
     Kim Hillary                    $445 per hour
     Jeffery J. Sattler             $405 per hour
     Leon N. Mayer                  $375 per hour
     Brandi M. Blasses              $355 per hour
     Aubrey L. Carr                 $275 per hour
     Kate W. Wigent                 $275 per hour
     Legal Assistant/Law Clerk      $185 per hour
     Michael E. Baum (of Counsel)   $735 per hour

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

Schafer and Weiner, PLLC is a "disinterested person" within the
meaning of Section 101(14) of the Bankruptcy Code, according to
court filings.

The firm can be reached at:

     Kim K. Hillary, Esq.
     Schafer And Weiner, PLLC
     40950 Woodward Avenue, Suite 100
     Bloomfield Hills, MI 48304
     Telephone: (248) 540-3340
     E-mail: khillary@schaferandweiner.com

              About Pro Carpentry, LLC

Pro Carpentry, LLC sought protection under Chapter 11 of the
Bankruptcy Code (Bankr. D. Mich., Southern Division, Case No.
26-42605-mar) on March 11, 2026.

At the time of the filing, Debtor had estimated assets of between
$0 and $50,000 and liabilities of between $500,001 and $1 million.

Judge Mark A. Randon oversees the case.

Schafer and Weiner, PLLC serve as Debtor's legal counsel.


PRO CARPENTRY: Mark Shapiro Named Subchapter V Trustee
------------------------------------------------------
The U.S. Trustee for Regions 3 and 9 appointed Mark Shapiro of
Steinberg, Shapiro & Clark as Subchapter V trustee for Pro
Carpentry, LLC.

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

The Subchapter V trustee can be reached at:

     Mark H. Shapiro
     Steinberg, Shapiro & Clark
     25925 Telegraph Rd., Ste. 203
     Southfield, MI 48033
     Phone: (248) 352-4700
     Email: shapiro@steinbergshapiro.com

                       About Pro Carpentry LLC

Pro Carpentry, LLC sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D. Mich. Case No. 26-42605) on March 11,
2026, with $0 to $50,000 in assets and $500,001 to $1 million in
liabilities.

Judge Mark A. Randon presides over the case.

Kim K. Hillary, Esq. represents the Debtor as legal counsel.


PRO RACKING: Case Summary & 10 Unsecured Creditors
--------------------------------------------------
Debtor: Pro Racking Systems Corp
           d/b/a Pro Racking Systems
        2855 E Guasti Rd, Suite 405
        Ontario, CA 91761

        Business Description: Based in Ontario, California, Pro
Racking Systems Corp installs warehouse storage and pallet racking
systems for commercial and industrial facilities, undertaking metal
racking construction and tenant improvement projects. The company
operates through licensed contracting activities tied to
large-scale warehouse installations for commercial clients.

Chapter 11 Petition Date: March 25, 2026

Court: United States Bankruptcy Court
       Central District of California

Case No.: 26-12211

Judge: Hon. Scott H Yun

Debtor's Counsel: Joanne Sanchez, Esq.
                  SANCHEZ & BALTAZAR ATTORNEYS, P.C.
                  1140 S. Tremont Street, Suite 105
                  Oceanside, CA 92054
                  Tel: (760) 302-4652
                  Fax: (844) 881-5852
                  Email: info@sanchezbaltazar.com

Total Assets: $685,550

Total Liabilities: $1,084,073

The petition was signed by Gabriel J. Galeana as chief executive
officer and sole shareholder.

A full-text copy of the petition, which includes a list of the
Debtor's 10 unsecured creditors, is available for free on
PacerMonitor at:

https://www.pacermonitor.com/view/Q6A5CXY/Pro_Racking_Systems_Corp__cacbke-26-12211__0001.0.pdf?mcid=tGE4TAMA


PROPERTY RESTORATION: Court OKs Initial $92,000 DIP Loan
--------------------------------------------------------
Property Restoration, Inc. got the green light from the U.S.
Bankruptcy Court for the Northern District of New York to obtain
debtor-in-possession financing to get through bankruptcy.

The court entered an emergency order authorizing the Debtor to
obtain an initial $92,000 from the lenders, Alan Diamond and Todd
Emmons, who have committed to provide up to $400,000 in DIP
financing. It also approved the Debtor's interim use of cash
collateral.

The Debtor said this financing is a "mechanical necessity" to
restart stalled construction projects, meet a critical $52,000
bi-weekly payroll, and prevent an immediate collapse of its
business.

Without this immediate infusion of capital, the Debtor believes it
will be unable to remobilize crews or collect on $367,500 in
outstanding accounts receivable, making a total liquidation
inevitable.

The DIP facility includes an option for the lenders to convert debt
into equity, aligning their interests with the long-term success of
the reorganized company.

To secure the Debtor's obligations under the DIP facility, the
lenders were granted a first-priority, senior priming lien on and
security interest in all of the Debtor's assets and their products,
including property constituting cash collateral.

In addition, the lenders are entitled to allowed superpriority
administrative expense claims against the Debtor and its estate,
with priority in payment over all administrative expenses.

The order is available at https://is.gd/lot8Nc from
PacerMonitor.com.

Property Restoration's insolvency was precipitated by a combination
of high overhead, operational inefficiencies, and a heavy reliance
on merchant cash advances. These MCA arrangements, which the Debtor
characterizes as "predatory and usurious" severely impaired cash
flow by diverting daily receipts to high-interest repayments.

In early 2026, MCA lenders initiated legal actions that froze the
Debtor's bank accounts, leaving it with only approximately $55,942
in cash against significant accounts payable. The Debtor intended
to use the bankruptcy process to reclassify these MCA claims as
unsecured debt.

Moving forward, the Debtor has pivoted to a higher-margin operating
model. It is now referring out labor-intensive mitigation and
emergency work to partners for referral fees while focusing
internal resources on reconstruction and commercial projects.
Despite a difficult 2025, the Debtor projects 2026 revenues to
exceed $6 million. The Debtor argues that its going-concern value
-- bolstered by insurance certifications, a trained workforce, and
preferred vendor status -- far exceeds its estimated liquidation
value of $350,000 to $550,000.

                  About Property Restoration Inc.

Property Restoration, Inc. is a Syracuse, New York-based
restoration contractor that delivers emergency mitigation and
reconstruction services for residential, commercial and
institutional properties affected by water, fire, storm, flood and
mold damage. The company operates a 24/7 emergency response
network, working with insurance carriers and using certified
technicians and industry-standard practices to restore damaged
structures and contents to their pre-loss condition. With more than
30 years of experience, Property Restoration focuses on rapid
deployment, comprehensive cleanup, and full reconstruction,
supported through its offices in Central New York, Binghamton and
the Capital Region.

Property Restoration sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D. N.Y. Case No. 26-30166) on March 13,
2026, with between $1 million and $10 million in both assets and
liabilities. Arthur Diamond, president of Property Restoration,
signed the petition.

Bonnie L. Pollack, Esq., at Cullen and Dykman, LLP, represents the
Debtor as legal counsel.


PROTRADE LOGISTICS: Seeks to Sell Logistics Business to Highest Bid
-------------------------------------------------------------------
Protrade Logistics Corp seeks permission from the U.S. Bankruptcy
Court for the Northern District of Illinois, Eastern Division, to
sell substantially all Assets to highest bid, free and clear of
liens, claims, interests, and encumbrances.

The Debtor operates as a freight broker and logistics service
provider, with a particular focus on customers in the trade show
industry. The Debtor’s customers typically paid directly into the
Debtor's accounts, and the Debtor maintained a relationship with a
receivables factoring company,
ComFreight Haulpay, which asserted a lien on the Debtor's
receivables and related proceeds. The Debtor believes the amount
owed to Haulpay is currently approximately $2,000 to $4,000.

The Federal Motor Carrier Safety Administration, an agency within
the Department of Transportation, regulates logistics and trucking
companies. Freight brokers must register with the FMCSA, obtain
operating authority, and maintain a surety bond or trust fund to
protect
shippers.

The Debtor must maintain FMCSA-compliant financial security of
$75,000 to protect shippers and motor carriers. The bond may be
drawn upon if the broker fails to pay carriers. Without this
financial security, the Debtor cannot broker freight, would lose
its operating authority, and would be unable to generate
revenue-circumstances fatal to reorganization.

Before bankruptcy, the Debtor maintained a $75,000 surety bond
issued by Jet Surety. After the Petition Date, Jet Surety
conditioned renewal on the Debtor posting $75,000 cash collateral
to secure potential reimbursement obligations, citing the Chapter
11 filing as the reason. The Jet Surety bond was set to expire on
February 13, 2026, requiring the Debtor to secure replacement FMCSA
financial security or cease operations.

Given that the Debtor’s efforts to maintain FMCSA-compliant
financial security through bonding or trust mechanisms failed, the
Debtor concluded it had no viable option other than to shift its
strategy away from continued operations as a freight broker and
toward a sale of substantially all of its assets.

After giving the matter considerable thought and discussing it with
the Subchapter V Trustee, the Debtor concluded it needed a strategy
to preserve its most valuable assets, including its customer base,
goodwill, going-concern value, and know-how, notwithstanding its
inability to operate and service its customers.

The Debtor initially considered both an immediate emergency sale
motion and a hybrid approach that would preserve customer
relationships while a sale process was prepared. The Debtor’s
efforts in that regard led to a transition arrangement intended to
stabilize customer relationships and provide a bridge to a
going-concern asset sale. That transition path was intended to
avoid immediate customer attrition and maintain value long enough
for the Debtor to negotiate and present a sale transaction for
Court approval.

To effectuate its transition strategy, the Debtor filed a motion
for authority to enter into a Transition Services Agreement (TSA)
with Exhibitway Logisitics, Inc.

Following entry into the TSA, and as the Debtor and Exhibitway
contemplated, the Debtor negotiated the Asset Purchase Agreement
(APA) with Buyer, and subject to higher or
better offers.

Buyer is a logistics company owned by Marysol Gonzalez, who is the
stepmother of Jose Benitez, one of the Debtor’s owners. The
Debtor therefore discloses that the proposed transaction involves a
relationship that constitutes insider or related-party involvement
under the Bankruptcy Code.

The Debtor believes the APA was negotiated in good faith and at
arm’s length, under distressed circumstances, and on terms that
are fair and reasonable to the estate.

The Debtor has consulted with the Subchapter V Trustee regarding
this relationship and the terms of the proposed transaction.
Importantly, Buyer has the operational ability, including
appropriate bonding, to continue servicing the customer
relationships that give the Debtor’s business its principal
value.

The Debtor has analyzed the consideration provided under the APA
and believes it reflects fair and reasonable value under the
circumstances, particularly given the Debtor’s inability to
continue operations, the imminent risk of losing customer
relationships and goodwill, and the absence of viable alternatives
following the failed bonding efforts.

The proposed sale structure also benefits the estate because it
remains subject to higher or better offers, thereby providing an
additional market check while preserving the opportunity to realize
value promptly before the Purchased Assets deteriorate further.

The Debtor sets the requirements for the competing bids to ensure
the proposed transaction represents the highest and best value for
the estate and to provide meaningful market check.

                 About Protrade Logistics Corporation

Protrade Logistics Corporation provides logistics and
transportation services, supporting freight movement and supply
chain operations for commercial clients.

Protrade Logistics Corporation sought relief under Chapter 11 of
the U.S. Bankruptcy Code (Bankr. Case No. 26-00518) on January 13,
2026. In its petition, the debtor reports estimated assets ranging
from $100,001 to $1 million and estimated liabilities in the same
range.

Honorable Bankruptcy Judge Timothy A. Barnes handles the case.

The debtor is represented by Richard N. Golding, Esq. of the Law
Offices of Richard N. Golding, P.C.


PSCD TRINITY: Gets Interim OK to Use Cash Collateral
----------------------------------------------------
PSCD Trinity, LLC received third interim approval from the U.S.
Bankruptcy Court for the District of Massachusetts, Eastern
Division, to use cash collateral.

The court authorized the Debtor to use cash collateral in
accordance with its budget pending a final hearing.

The final hearing is set for May 20, with objections due by May
18.

As adequate protection, lenders including Service Federal Credit
Union and Service Capital, LLC will be granted continuing valid,
binding, enforceable and perfected post-petition liens on the
Debtor's assets, subject and subordinated only to the mortgages and
security interests asserted by the lenders in and to their
pre-bankruptcy collateral. These post-petition liens do not apply
to causes of action arising under Title V of the Bankruptcy Code.

As additional protection, the Debtor will continue to insure and
maintain its assets and, thereby preserve, the lenders' equity
cushion in the Watermills property -- a mixed-use apartment complex
in Watertown, Massachusetts.

The property includes two three-story buildings connected by a
skybridge, featuring 99 residential units and 17,941 square feet of
ground level retail and office space.

The interim order is available at https://shorturl.at/9DlaB from
PacerMonitor.com.

Service Federal Credit Union and Service Capital, as lenders, are
represented by:

   Nathan R. Fennessy, Esq.
   PRETI FLAHERTY BELIVEAU & PACHIOS, PLLP
   P.O. Box 1318  
   Concord, NH 03302-1318
   (603) 410-1500
   nfennessy@preti.com

                About PSCD Trinity LLC

PSCD Trinity, LLC provides activities 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. D. Mass. Case No. 25-12658) on December 8,
2025. In the petition signed by Mark D. Coppola, managing member,
the Debtor disclosed up to $100 million in both assets and
liabilities.

George W. Tetler, Esq. at PRINCE LOBEL TYE LLP, represents the
Debtor as legal counsel.


PUERTO RICO: Dechert Represents Ad Hoc Group of Bondholders
-----------------------------------------------------------
In the Chapter 11 bankruptcy cases of The Financial Oversight and
Management Board for Puerto Rico, and its debtor-affiliates, The
Commonwealth of Puerto Rico and Puerto Rico Electric Power
Authority (PREPA), Dechert LLP filed with the United States
Bankruptcy Court for the District of Puerto Rico a tenth Verified
Statement pursuant to Bankruptcy Rule 2019 to inform the Court that
the law firm represents an ad hoc group of certain beneficial
holders, or investment advisors or managers for certain beneficial
holders, holding bonds issued by Puerto Rico Electric Power
Authority under a trust agreement between PREPA and the U.S. Bank
National Association, as successor trustee, dated January 1, 1974,
as amended and supplemented, in connection with the case ("PREPA
Title III Case") commenced by the Financial Oversight and
Management Board for Puerto Rico on behalf of PREPA on July 2,
2017.

According to the group's Verified Statement:

     1. On September 11, 2023, a group of PREPA bondholders,
including a member of the former Ad Hoc Group of PREPA Bondholders
represented by Kramer Levin Naftalis & Frankel, decided to engage
Dechert to represent their interests in the PREPA Title III Case
and related litigation.

     2. On September 27, 2023, Dechert submitted the First Verified
Statement of the PREPA Ad Hoc Group Pursuant to Bankruptcy Rule
2019, disclosing its thirteen (13) Members' holdings of
approximately $2.1 billion in aggregate principal amount of
uninsured Bonds. On October 4, 2023, Dechert submitted the Second
Verified Statement of the PREPA Ad Hoc Group Pursuant to Bankruptcy
Rule 2019, disclosing the joining of a new Member. On January 24,
2024, Dechert submitted the Third Verified Statement of the PREPA
Ad Hoc Group Pursuant to Bankruptcy Rule 2019, disclosing the
joining of another new Member. On July 8, 2024, Dechert submitted
the Fourth Verified Statement of the PREPA Ad Hoc Group Pursuant to
Bankruptcy Rule 2019. On December 10, 2024, Dechert submitted the
Fifth Verified Statement of the PREPA Ad Hoc Group Pursuant to
Bankruptcy Rule 2019. On March 17, 2025, Dechert submitted the
Sixth Verified Statement of the PREPA Ad Hoc Group Pursuant to
Bankruptcy Rule 2019. On April 9, 2025, Dechert submitted the
Seventh Verified Statement of the PREPA Ad Hoc Group Pursuant to
Bankruptcy Rule 2019. On May 19, 2025, Dechert submitted the Eighth
Verified Statement of the PREPA Ad Hoc Group Pursuant to Bankruptcy
Rule 2019. On August 28, 2025, Dechert submitted the Ninth Verified
Statement of the PREPA Ad Hoc Group Pursuant to Bankruptcy Rule
2019. At the time of the filing of the Ninth Verified Statement,
the Group was composed of 17 Members, with holdings of
approximately $2.6 billion in aggregate principal amount of
uninsured Bonds (including Custodial Claims).

     3. Since the filing of the Ninth Verified Statement, two new
Members have joined the Group, and the Group is currently comprised
of 19 Members. Dechert submits this Tenth Verified Statement to
update the PREPA Ad Hoc Group's holdings of Bonds and disclosable
economic interests currently held by its Members, as of March 13,
2026.

     4. As of the date of this Tenth Verified Statement, Dechert
represents the PREPA Ad Hoc Group in the Title III case, as well as
a single Member, Invesco Advisers Inc., in related litigation.
Dechert does not represent the PREPA Ad Hoc Group as a "committee"
and does not undertake to, and does not represent the interest of,
and is not a fiduciary for, any creditor, party in interests, or
entity other than the PREPA Ad Hoc Group and Invesco. For the
avoidance of doubt, as of the time of this filing, Dechert
represents only the PREPA Ad Hoc Group and Invesco in connection
with the PREPA Title III Case. In addition, as of the time of this
filing, Dechert does not represent or purport to represent any
other entities in connection with the PREPA Title III Case.

     5. Dechert has been advised by the Members of the PREPA Ad Hoc
Group that its Members either hold, or manage funds and/or accounts
that hold, collectively, approximately $2.78 billion in aggregate
principal amount of uninsured Bonds (including Custodial Claims),
in addition to approximately $360 million in aggregate principal
amount of insured Bonds.

     6. Upon information and belief, Dechert does not hold claims
against, nor interests in, the Debtor or its estate, except for
potential claims for fees and expenses incurred in representing the
PREPA Ad Hoc Group. Dechert does not perceive any actual or
potential conflict of interest with respect to the representation
of the PREPA Ad Hoc Group and its Members in this case.

     7. Nothing contained in this Tenth Verified Statement should
be construed as:
   
        -- a limitation upon, or a waiver or release of any claims
filed or to be filed against or interest in PREPA held by any
Member, its affiliates or any other entity, or any rights of any
Member or affiliate thereto to assert, file, and/or amend its
claims against PREPA in accordance with applicable law and any
orders entered in the PREPA Title III Case; or

        -- an admission with respect to any fact or legal theory.

     8. Additional holders of claims against or disclosable
economic interests in the Debtor's estate may become Members of the
PREPA Ad Hoc Group, and certain Members of the PREPA Ad Hoc Group
may cease to be Members of the PREPA Ad Hoc Group in the future.
Dechert reserves the right to amend or supplement this Tenth
Verified Statement at any time and for any reason in accordance
with Bankruptcy Rule 2019 and the Case Management Order.

The names, addresses, and the "nature and amount of all disclosable
economic interests" in relation to the Debtor reported to Dechert
as of March 13, 2026, by each Member of the PREPA Ad Hoc Group,
are:

     1. AllianceBernstein L.P., on behalf of
        certain funds and accounts it
        manages or advises.
        501 Commerce Street,
        Nashville, TN 37203
        
        Uninsured Bonds Total - $175,980,000
        Insured Bonds Total - $56,305,000
        Total - $232,285,000

     2. Aristeia Capital, L.L.C., on behalf of
        certain funds and accounts it
        manages or advises.
        One Greenwich Plaza, Suite 300,
        Greenwich, CT 06830

        Uninsured Bonds Total - $87,140,000

     3. BNY Mellon Funds Trust,
        on behalf of certain funds and
        accounts it manages or advises.
        201 Washington Street, 8th Floor,
        Boston, MA 02108

        Uninsured Bonds Total - $14,500,000

     4. Capital Research and Management
        Company, on behalf of certain funds
        and accounts it manages or advises.
        333 South Hope Street, 54th Floor,
        Los Angeles, CA 90404

        Uninsured Bonds Total - $305,135,000
        Insured Bonds Total - $47,155,000
        Total - $352,290,000

     5. Columbia Management Investment
        Advisers, LLC, on behalf of certain
        funds and accounts it manages or
        advises
        290 Congress Street,
        Boston, MA 02210
        
        Uninsured Bonds Total - $37,470,000

     6. Management Company, a series of
        Nomura Asset Management Co., Ltd.,
        on behalf of certain funds and
        accounts it manages or advises.
        610 Market Street,
        Philadelphia PA 19106

        Uninsured Bonds Total - $150,215,00

     7. Ellington Management Group, L.L.C.,
        on behalf of certain funds and
        accounts it manages or advises.
        711 Third Avenue,
        New York, NY 10017

        Uninsured Bonds Total - $19,405,000

     8. Goldman Sachs Asset Management
        L.P., on behalf of certain funds and
        accounts it manages or advises.
        200 West Street, New York,
        NY 10282

        Uninsured Bonds Total - $393,881,738
        Insured Bonds Total - $99,182,000
        Total - $493,063,738

     9. Invesco Advisers, Inc., on behalf of
        certain funds and accounts it manages or
        advises.
        225 Liberty Street
        New York, NY 10281

        Uninsured Bonds Total - $227,598,788
        Insured Bonds Total - $98,275,000
        Total - $325,873,788

    10. Luxor Capital Group, LP, on behalf of
        certain funds and accounts it
        manages or advises.
        7 Times Sq, New York,
        NY 10036

        Uninsured Bonds Total - $58,435,000

    11. MacKay Shields LLC, on behalf of
        certain funds and accounts it
        manages or advises.
        1345 Avenue of the
        Americas New York,
        NY 10105

        Uninsured Bonds Total - $650,685,264
        Insured Bonds Total - $20,880,000
        Total - $671,565,264

    12. Massachusetts Financial Services
        Company, on behalf of certain
        funds and accounts it manages or
        advises.
        111 Huntington Avenue,
        Boston, MA 02199

        Uninsured Bonds Total - $45,215,000
        Insured Bonds Total - $35,640,000
        Total - $80,855,000

    13. Old Orchard Capital Management LP,
        on behalf of certain funds and
        accounts it manages or advises.
        340 Madison Avenue, Suite 3B,
        New York, NY 10173

        Uninsured Bonds Total - $105,860,000

    14. One William Street Capital Management,
        L.P., on behalf of certain funds it
        manages or advises.
        299 Park Ave., Fl. 25,
        New York, NY 10171

        Uninsured Bonds Total - $201,823,157

    14. RUSSELL INVESTMENT COMPANY, on behalf of
        RUSSELL INVESTMENT COMPANY TAX-EXEMPT
        HIGH YIELD BOND FUND
        1301 Second Avenue, 18th Floor,
        Seattle, WA 98101

        Uninsured Bonds Total - $30,075,000
        Insured Bonds Total - $3,015,000
        Total - $33,090,000

    15. SIG Structured Products, LLC
        401 E. City Avenue, Suite 220,
        Bala Cynwyd, PA 19004

        Uninsured Bonds Total - $6,075,00

    16. T. Rowe Price, on behalf of certain
        funds and accounts it manages or
        advises.
        100 E. Pratt Street, BA 0754
        Baltimore, MD 21202

        Uninsured Bonds Total - $203,745,000

    17. Tower Bay Asset Management LP, on behalf of
        certain funds and accounts it manages or
        advises.
        700 Canal Street, Ste 12E,
        Stamford, CT 06902

        Uninsured Bonds Total - $19,520,000

    18. Verition Fund Management LLC, on behalf of
        certain funds and accounts it manages or
        advises.
        1 American Ln,
        Greenwich, CT 06831

        Uninsured Bonds Total - $43,825,262

Counsel for the PREPA Ad Hoc Group:

Dora L. Monserrate-Penagaricano, Esq.
Fernando J. Gierbolini-Gonzalez, Esq.
Richard J. Schell, Esq.
MONSERRATE SIMONET & GIERBOLINI, LLC
101 San Patricio Ave., Suite 1120
Guaynabo, PR 00968
Tel: (787) 620-5300
Fax: (787) 620-5305
E-mail: dmonserrate@msglawpr.com
        fgierbolini@msglawpr.com
        rschell@msglawpr.com

     - and -

G. Eric Brunstad, Jr., Esq.
Stephen D. Zide, Esq.
David A. Herman, Esq.
DECHERT LLP
1095 Avenue of the Americas
New York, NY 10036
Tel: (212) 698-3500
Fax: (212) 698-3599
E-mail: eric.brunstad@dechert.com
        stephen.zide@dechert.com
        david.herman@dechert.com

              About the Commonwealth of Puerto Rico;
           Puerto Rico Electric Power Authority (PREPA)

PREPA is a self-governing commonwealth in association with the
United States. The chief of state is the President of the United
States of America. The head of government is an elected Governor.
There are two legislative chambers: the House of Representatives,
51 seats, and the Senate, 27 seats. The governor-elect is Ricardo
Antonio Rossello Nevares, the son of former governor Pedro
Rossello.

In 2016, the U.S. Congress passed PROMESA, which, among other
things, created the Financial Oversight and Management Board and
imposed an automatic stay on creditor lawsuits against the
government, which expired May 1, 2017.

The members of the oversight board were: (i) Andrew G. Biggs, (ii)
Jose B. Carrion III, (iii) Carlos M. Garcia, (iv) Arthur J.
Gonzalez, (v) Jose R. Gonzalez, (vi) Ana. J. Matosantos, and (vii)
David A. Skeel Jr.

On May 3, 2017, the Commonwealth of Puerto Rico filed a petition
for relief under Title III of the Puerto Rico Oversight,
Management, and Economic Stability Act (PROMESA). The case is
pending in the United States District Court for the District of
Puerto Rico under case number 17-cv-01578. A copy of Puerto Rico
PROMESA petition is available at
http://bankrupt.com/misc/1701578-00001.pdf                

On May 5, 2017, the Puerto Rico Sales Tax Financing Corporation
(COFINA) commenced a case under Title III of PROMESA (D.P.R. Case
No. 17-01599). Joint administration has been sought for the Title
III cases.

On May 21, 2017, two more agencies, the Employees Retirement System
of the Government of the Commonwealth of Puerto Rico and Puerto
Rico Highways and Transportation Authority (Case Nos. 17-01685 and
17-01686) commenced Title III cases.

U.S. Chief Justice John Roberts named U.S. District Judge Laura
Taylor Swain to preside over the Title III cases.

The Oversight Board hired Proskauer Rose LLP as advisors and Neill
& Borges LLC as legal counsel, McKinsey & Co. as strategic
consultant, Citigroup Global Markets as municipal investment
banker, and Ernst & Young, as a financial advisor.

Martin J. Bienenstock, Esq., Scott K. Rutsky, Esq., and Philip M.
Abelson, Esq., of Proskauer Rose LLP; and Hermann D. Bauer, Esq.,
at O'Neill & Borges LLC were onboard as attorneys.

Kroll, f/k/a Prime Clerk LLC, serves the claims and noticing agent.
Kroll maintains the case website
https://cases.ra.kroll.com/puertorico/

Jones Day serves as counsel to certain ERS bondholders.

Paul Weiss serves as counsel to the Ad Hoc Group of Puerto Rico
General Obligation Bondholders.


PURPOSE HOME: TPG Twin Brook Marks $9.1M 1L Loan at 89% Off
-----------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $9069,000 loan
extended to Purpose Home Health Acquisition, LLC to market at
$961,000 or 11% of the outstanding amount, according to TPG Twin
Brook's 10-K for the fiscal year ended Dec. 31, 2025, filed with
the U.S. Securities and Exchange Commission on March 16, 2026.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured delayed draw term loan extended to Purpose Home
Health Acquisition, LLC. The 1L Loan accrues interest at a rate of
S + 5.75% 9.95% per annum. The 1L Loan matures on Nov. 3, 2027.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

         About Purpose Home Health Acquisition, LLC

Purpose Home Health Acquisition, LLC is a health care services
company focused on providing home health care solutions, likely
backed by private equity financing.



QUALITY LIAISON: TPG Twin Brook Marks $1.6MM 1L Loan at 57% Off
---------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $1,629,000 loan
extended to Quality Liaison Services of North America, Inc to
market at $699,000 or 42.9% of the outstanding amount, according to
TPG Twin Brook's 10-K for the fiscal year ended Dec. 31, 2025,
filed with the U.S. Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to Quality Liaison Services
of North America, Inc. The 1L Loan accrues interest at a rate of S
+ 6.00 % 9.99 % per annum. The 1L Loan matures on May 2, 2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Quality Liaison Services of North America, Inc

Quality Liaison Services of North America, Inc. is a business
services provider, offering quality assurance, inspection and
supplier liaison services to manufacturing clients.



RAPID RAPID: Commences Chapter 11 Bankruptcy in Arizona
-------------------------------------------------------
On March 10, 2026, Rapid Rapid Test Laboratories LLC filed for
Chapter 11 protection in the U.S. Bankruptcy Court for the District
of Arizona. According to the court filing, the debtor reports
between $1 million and $10 million in debt owed to 50–99
creditors.

               About Rapid Rapid Test Laboratories LLC

Rapid Rapid Test Laboratories LLC sought relief under Chapter 11 of
the U.S. Bankruptcy Code (Bankr. D. Ariz. Case No. 26-02210) on
March 10, 2026. In its petition, the debtor reports estimated
assets between $100,001 and $1,000,000 and estimated liabilities
between $1 million and $10 million.

Honorable Bankruptcy Judge Paul Sala handles the case.


RED RIVER: Amici Asks Court to Clarify Goldman Class Cert. Ruling
-----------------------------------------------------------------
Jarek Rutz of Law360 reports that four amici groups have urged the
U.S. Supreme Court to grant review in Johnson & Johnson's bid to
overturn a Third Circuit ruling that allowed a securities class
action involving its talc products to proceed. The groups warned
that the decision may significantly influence how similar cases are
litigated.

The underlying case involves allegations that Johnson & Johnson
failed to adequately disclose risks associated with its talc
products, leading to investor losses. The Third Circuit concluded
that the plaintiffs met the threshold to pursue class certification
and continue their claims.

According to the amici, the ruling introduces ambiguity into
established standards for securities litigation, particularly at
the class certification stage. They argued that Supreme Court
intervention is needed to ensure uniformity and maintain
appropriate limits on such lawsuits.

                    About J&J Talc Units

LLT Management, LLC (formerly known as LTL Management LLC) was a
subsidiary of Johnson & Johnson that was formed to manage and
defend thousands of talc-related claims and oversee the operations
of Royalty A&M. Royalty A&M owns a portfolio of royalty revenue
streams, including royalty revenue streams based on third-party
sales of LACTAID, MYLANTA/MYLICON and ROGAINE products.

LTL Management first filed a petition for Chapter 11 protection
(Bankr. W.D.N.C. Case No. 21-30589) on Oct. 14, 2021. The case was
transferred to New Jersey (Bankr. D.N.J. Case No. 21-30589) on Nov.
16, 2021. The Hon. Michael B. Kaplan is the case judge. At the time
of the filing, the Debtor was estimated to have $1 billion to $10
billion in both assets and liabilities.

In the 2021 case, LTL Management tapped Jones Day and Rayburn
Cooper & Durham, P.A., as bankruptcy counsel; King & Spalding, LLP
and Shook, Hardy & Bacon LLP as special counsel; McCarter &
English, LLP as litigation consultant; Bates White, LLC as
financial consultant; and AlixPartners, LLP as restructuring
advisor. Epiq Corporate Restructuring, LLC, served as the claims
agent.

On Dec. 24, 2021, the U.S. Trustee for Regions 3 and 9
reconstituted the talc claimants' committee and appointed two
separate committees: (i) the official committee of talc claimants
I, which represents ovarian cancer claimants, and (ii) the official
committee of talc claimants II, which represents mesothelioma
claimants.

The official committee of talc claimants I tapped Genova Burns LLC,
Brown Rudnick LLP, Otterbourg PC and Parkins Lee & Rubio LLP as its
legal counsel. Meanwhile, the official committee of talc claimants
II is represented by the law firms of Cooley LLP, Bailey Glasser
LLP, Waldrep Wall Babcock & Bailey PLLC, Massey & Gail LLP, and
Sherman Silverstein Kohl Rose & Podolsky P.A.

                 Re-Filing of Chapter 11 Petition

On Jan. 30, 2023, a panel of the Third Circuit issued an opinion
directing this Court to dismiss the 2021 Chapter 11 Case on the
basis that it was not filed in good faith. Although the Third
Circuit panel recognized that the Debtor "inherited massive
liabilities" and faced "thousands" of future claims, it concluded
that the Debtor was not in financial distress before the filing.

On March 22, 2023, the Third Circuit entered an order denying the
Debtor's petition for rehearing. The Third Circuit entered an order
denying LTL's stay motion on March 31, 2023, and, on the dame
day,issued its mandate directing the Bankruptcy Court to dismiss
the 2021 Chapter 11 Case.

The Bankruptcy Court entered an order dismissing the 2021 Case on
April 4, 2023.

Johnson & Johnson on April 4, 2023, announced that its subsidiary
LTL Management LLC (LTL) has re-filed for voluntary Chapter 11
bankruptcy protection (Bankr. D.N.J. Case No. 23-12825) to obtain
approval of a reorganization plan that will equitably and
efficiently resolve all claims arising from cosmetic talc
litigation against the Company and its affiliates in North
America.

In the new filing, J&J said it has agreed to contribute up to a
present value of $8.9 billion, payable over 25 years, to resolve
all the current and future talc claims, which is an increase of
$6.9 billion over the $2 billion previously committed in connection
with LTL's initial bankruptcy filing in October 2021. LTL also has
secured commitments from over 60,000 current claimants to support a
global resolution on these terms.

In August 2023, U.S. Bankruptcy Judge Michael Kaplan in Trenton,
New Jersey, ruled that the second bankruptcy case should be
dismissed.

                            3rd Try

In May 2024, J&J announced its subsidiary LLT Management LLC is
soliciting support for a consensual prepackaged bankruptcy plan to
resolve its talc-related liabilities. Under the terms of the plan,
a trust would be funded with over $5.4 billion in the first three
years and more than $8 billion over the course of 25 years, which
J&J calculates to have a net present value of $6.475 billion. If
the Plan is accepted by at least 75% of voters, a bankruptcy was to
be filed under the case name In re Red River Talc LLC. Epiq
Corporate Restructuring, LLC is serving as balloting and
solicitation agent for LLT.

On Sept. 20, 2024, Red River Talc LLC filed a Chapter 11 bankruptcy
petition (Bankr. S.D. Tex. Case No. 24-90505). Porter Hedges LLP
and Jones Day serve as counsel in the new Chapter 11 case. Epiq is
the claims agent.

Paul Hastings LLP is counsel to the Ad Hoc Committee of Supporting
Counsel. Randi S. Ellis is the proposed prepetition legal
representative of future claimants.


RELIZ TECHNOLOGY: Gets Interim OK to Use Cash Collateral
--------------------------------------------------------
Reliz Technology Group Holdings, Inc. and affiliates received
interim approval from the U.S. Bankruptcy Court for the District of
Delaware for authority to use cash collateral and provide adequate
protection.

Under the interim order, the Debtors is authorized to use cash
collateral from March 15 through the termination date. Spending is
capped at $1 million during the first two weeks.

The Debtors' right to use cash collateral terminates on March 31,
unless extended by consent or court order; 11:59 p.m. (New York
time) on the final hearing date, unless extended by order or
consent of Celsius Network Ltd., the Debtors' pre-bankruptcy
secured lender; or (iii) entry of a court order terminating use due
to the Debtors' noncompliance.

As protection for any diminution in the value of its collateral,
Celsius will receive valid, perfected replacement liens on the
Debtors' assets, including pre-petition collateral and its
proceeds, subject only to prior senior liens on the pre-petition
collateral. The replacement liens do not apply to any Chapter 5
claims or causes of action. Celsius is also entitled to a
superpriority administrative claim.

The order is available at https://is.gd/wYFv9v from
PacerMonitor.com.

The court scheduled a second interim hearing for March 31 and a
final hearing for April 16. The deadline for filing objections or
responses to final approval of the Debtors request is on April 3.

The Debtors need immediate access to their existing cash and
operational revenue for payment of insurance, payroll, taxes, and
other essential obligations during the restructuring process.
Without such access, the Debtors warn that their business
operations would be severely disrupted, jeopardizing their ability
to reorganize and preserve value.

The cash collateral at issue is allegedly subject to a lien held by
Celsius, which is owed approximately $4.8 million under promissory
notes. However, the Debtors assert that Celsius is significantly
oversecured given that the collateral is valued at around $30
million. They also question whether Celsius properly perfected its
lien on certain assets, including cash accounts. Despite these
concerns, the Debtors offer to provide adequate protection to
Celsius to the extent its lien is valid.

The Debtors' business involves proprietary trading technology
enabling customers to transact in digital assets continuously,
making liquidity and access to cash essential for operations.

               About Reliz Technology Group Holdings Inc.

Reliz Technology Group Holdings Inc. together with affiliates Reliz
Ltd., Reliz Technologies LLC, and Reliz CI Ltd., operates the
BlockFills digital-asset trading and liquidity platform, offering
institutional clients spot and derivatives trading, collateralized
lending, and mining solutions. Founded in 2017, the group
aggregates liquidity from a global network of exchanges and market
makers, integrating smart order routing, trade reconciliation, and
risk management through a multi-asset technology platform with FIX
API connectivity and white-label software. Headquartered in
Chicago, Illinois, it also maintains offices in London, Dubai, Sao
Paulo, and the Cayman Islands.

Reliz and three affiliates sought protection under Chapter 11 of
the U.S. Bankruptcy Code (Bankr. D. Del. Lead Case No. 26-10371) om
March 15, 2026. In the petition signed by Joseph Perry, interim
chief executive officer, Reliz disclosed assets of between $50
million and $100 million and liabilities of between $100 million
and $500 million.

Judge Thomas M Horan oversees the cases.

The Debtors tapped McDermott Will & Schulte, LLP as bankruptcy
counsel; Katten Muchin Rosenman, LLP as bankruptcy-co-counsel;
Berkeley Research Group, LLC as financial advisor; and Verita
Global, LLC as claims agent.


RENOVATION SYSTEMS: TPG Twin Brook Marks $3.5 1L Loan at 38% Off
----------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $3,559,000 loan
extended to Renovation Systems, LLC to market at $2,199,000 62% of
the outstanding amount, according to TPG Twin Brook's 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured delayed draw term loan extended to Renovation
Systems, LLC. The 1L Loan accrues interest at a rate of S + 6.00%
10.08% per annum. The 1L Loan matures on Jan. 23, 2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Renovation Systems, LLC

Renovation Systems, LLC i a flooring contractor. The Company offers
flooring installation, care and maintenance, refinishing, interior
renovations, and emergency restoration services. Renovation Systems
serves customers in the States of Minnesota, Iowa, and North
Dakota.


RENTAL EQUIPMENT: TPG Twin Brook Marks $7.9MM 1L Loan at 67% Off
----------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $7,917,000 loan
extended to Rental Equipment Investment Corp to market at
$2,632,000 or 33% of the outstanding amount, according to TPG Twin
Brook's 10-K for the fiscal year ended Dec. 31, 2025, filed with
the U.S. Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to Rental Equipment
Investment Corp. The 1L Loan accrues interest at a rate of S + 4.50
% 8.15 % per annum. The 1L Loan matures on Oct. 8, 2030.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

            About Rental Equipment Investment Corp.

Rental Equipment Investment Corp. is an equipment rental company
that provides a range of construction and industrial machinery and
tools to contractors and other commercial customers.



ROSE PAVING: TPG Twin Brook Marks $8.6MM 1L Loan at 40% Off
-----------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $8,626,000 loan
extended to Rose Paving, LLC to market at $5,175,000 or 60% of the
outstanding amount, according to TPG Twin Brook's 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to Rose Paving, LLC. The 1L
Loan accrues interest at a rate of S + 5.00 % per annum. The 1L
Loan matures on Nov. 7, 2029.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Rose Paving, LLC

Rose Paving, LLC is a paving services company that provides asphalt
and concrete maintenance solutions to commercial and industrial
customers.


RURAL CONNECT: Hires Law Office of Thomas H. Strawn as Counsel
--------------------------------------------------------------
Rural Connect, LLC seeks approval from the U.S. Bankruptcy Court
for the Western District of Tennessee to employ The Law Office of
Thomas H. Strawn as counsel.

The firm will provide these services:

   a. advising the Debtor with respect to its powers and duties as
Debtor-in-Possession in the continued operation of its business and
management of its property;

   b. assisting the Debtor in the preparation of its statement of
financial affairs, schedules, statement of executory contracts and
unexpired leases, and any papers or pleadings, or any amendments
thereto that the Debtor is required to file in these cases;

   c. representing the Debtor in any proceeding that is instituted
to reclaim property or obtain relief from the automatic stay
imposed by Section 362 of the Bankruptcy Code or that seeks the
turnover or recovery of property;

   d. providing assistance, advice and representation concerning
the formulation, negotiation and confirmation of a Plan of
Reorganization (and accompanying ancillary documents);

   e. providing assistance, advice and representation concerning
any investigation of the assets, liabilities and financial
condition of the Debtor that may be required;

   f. representing Debtor at hearings or matters pertaining to
affairs as Debtor-In-Possession;

   g. prosecuting and defending litigation matters and such other
matters that might arise during and related to these Chapter 11
cases;

   h. providing counseling and representation with respect to the
assumption or rejection of executory contracts and leases and other
bankruptcy-related matters arising from these cases other than as
set forth below;

   i. representing the Debtor in matters that may arise in
connection with its business operations, its financial and legal
affairs, its dealings with creditors and other parties-in-interest
and any other matters, which may arise during the bankruptcy case;

   j. rendering advice with respect to the myriad of general
corporate and litigation issues relating to these cases, including,
but not limited to, health care, real estate, securities, corporate
finance, tax and commercial matters; and assisting Debtor in
connection with any necessary application, orders, reports or other
legal papers and to appear on behalf of the Debtor in proceedings
instituted by or against the Debtor; and

   k. performing such other legal services as may be necessary and
appropriate for the efficient and economical administration of
these Chapter 11 cases.

The firm will be paid at these rates:

     Thomas H. Strawn       $350 per hour
     Paralegals             $125 per hour

The firm received from the Debtor a retainer of $15,000.

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

Thomas H. Strawn, Esq., a partner at The Law Office of Thomas H.
Strawn, disclosed in a court filing that the firm is a
"disinterested person" as the term is defined in Section 101(14) of
the Bankruptcy Code.

The firm can be reached at:

     Thomas H. Strawn, Esq.
     The Law Office of Thomas H. Strawn
     115 S. Mill Ave.
     P.O. Box 908
     Dyersburg, TN 38025
     Email: tstrawn42@bellsouth.net

              About Rural Connect, LLC

Rural Connect, LLC provides wireless broadband internet services to
residential and business customers in rural areas of West
Tennessee, using fixed wireless technology that connects customer
premises equipment to local transmission towers. The company
operates from Alamo, Tennessee and focuses on delivering internet
connectivity in communities with limited access to traditional
cable or fiber networks.

Rural Connect, LLC in Alamo, TN, sought relief under Chapter 11 of
the Bankruptcy Code filed its voluntary petition for Chapter 11
protection (Bankr. W.D. Tenn. Case No. 26-10328) on March 5, 2026,
listing $1,919,876 in assets and $2,237,385 in liabilities. Leslie
Williams as manager, signed the petition.

Judge Jimmy L Croom oversees the case.

STRAWN LAW FIRM serve as the Debtor's legal counsel.


S&J DATA TECHNOLOGIES: Gets Extension to Access Cash Collateral
---------------------------------------------------------------
The U.S. Bankruptcy Court for the Eastern District of New York
issued a second interim order allowing S&J Data Technologies, Inc.
to continue using cash collateral in its Chapter 11 case.

The Debtor is authorized to use cash collateral (excluding certain
trust funds) to cover ordinary business expenses, including
payroll, rent, utilities, insurance, and purchase of supplies, in
accordance with an approved budget. This ensures continued
operations while the case proceeds.

As adequate protection, M&T Bank is granted a replacement lien and
administrative claim to the extent of any decline in the value of
its collateral, maintaining the same priority as before the
bankruptcy filing. The bank is also given rights to inspect the
Debtor's records and monitor its collateral upon notice.

The order is temporary and subject to final approval, with a final
hearing scheduled for April 2.

The interim order is available at https://shorturl.at/R9UPF from
PacerMonitor.com.

S&J is a New York based data technology installation company
employing fourteen people and operating from its Bohemia, New York
facility. Its principal assets include approximately $125,000 in
cash, $450,000 in accounts receivable, and inventory and
equipment.

M&T Bank, the primary secured creditor, is owed about $167,000
under a drawn line of credit secured by assets valued at roughly
$600,000.

               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. 8-26-70046-spg) on January 5, 2026,
listing up to $1 million in both assets and liabilities. Joseph
Morgan, president of S&J, signed the petition.

Judge Sheryl P. Giugliano oversees the case.

Fred S. Kantrow, Esq., The Kantrow Law Group, PLLC, represents the
Debtor as bankruptcy counsel.


SAGE DENTAL: TPG Twin Brook Marks $8.2M 1L Loan at 84% Off
----------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $8,220,000 loan
extended to Sage Dental Management, LLC to market at $1,337,000 or
16% of the outstanding amount, according to TPG Twin Brook's 10-K
for the fiscal year ended Dec. 31, 2025, filed with the U.S.
Securities and Exchange Commission on March 16, 2026.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan  extended to Sage Dental Management,
LLC. The 1L Loan accrues interest at a rate of S + 4.75% 8.42% per
annum. The 1L Loan matures on Dec. 15, 2031.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

         About Sage Dental Management, LLC

Sage Dental Management, LLC is a leading dental service
organization with over 140 practices across the southeastern US,
primarily in Florida and Georgia, founded in 1997 and headquartered
in Boca Raton, FL.


SAIG LAUNDRY: Files Emergency Bid to Use Cash Collateral
--------------------------------------------------------
Saig Laundry, LLC asks the U.S. Bankruptcy Court for the Northern
District of Texas, Dallas Division, for authority to use cash
collateral and provide adequate protection.

The Debtor needs to use cash collateral to pay operating costs
critical to the ongoing operation and reorganization of the
business. It relies entirely on revenue generated from its
operations.

A detailed 14- and 30-day budget outlines projected expenses and
allows the Debtor to exceed individual line items by up to 10% if
necessary, provided total monthly cash collateral expenditures
remain within 10% of the budget.

The Debtor identifies Clean Laundry Funding as a secured creditor
with a blanket lien per UCC filings and proposes adequate
protection through replacement liens on post-petition cash and
assets to cover any decline in collateral value, while continuing
operations as a going concern.

At the time of filing, Saig Laundry had $993 in cash and
approximately $250,000 in business assets.

A copy of the motion is available at https://urlcurt.com/u?l=LAGpJV
from PacerMonitor.com.

Clean Laundry Funding, as secured creditor, is represented by:

   Mark W. Stout, Esq.
   Kelsey N. Linendoll, Esq.
   Jessica N. Alt, Esq.
   Padfield & Stout, LLP
   100 Throckmorton Street, Suite 700
   Fort Worth, TX 76102
   Telephone: 817-338-1616
   Facsimile: 817-338-1610
   mstout@padfieldstout.com
   klinendoll@padfieldstout.com
   jalt@padfieldstout.com

                      About Saig Laundry LLC

Saig Laundry, LLC is a Dallas-based laundromat operating under the
name Red Bird Laundry.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D. Tex. Case No. 26-30980) on March 6,
2026. In the petition signed by Jason Christopher Mc Lin,
executive, the Debtor disclosed up to $500,000 in assets and up to
$1 million in liabilities.

Judge Michelle V. Larson oversees the case.

Manolo Santiago, Esq., at Herrin Law, PLLC, represents the Debtor
as legal counsel.



SALT AND LIME: Enters Chapter 11 Bankruptcy Proceeding in Arizona
-----------------------------------------------------------------
Daniel Kline of The Street reports that Arizona-based Salt and Lime
44 LLC has entered Chapter 11 bankruptcy proceedings, according to
PacerMonitor filings. The company is part of a small chain of Salt
and Lime Modern Mexican Grill restaurants, though the bankruptcy
filing is limited to its Phoenix location on North 44th Street.

The broader brand operates three locations in the region, including
sites on Shea Boulevard and Cave Creek, but those locations are not
directly part of the filing. RK Consulting reported that the
company has also been engaged in recent litigation in Maricopa
County Superior Court, with proceedings continuing into February
2026.

Founded in 2014, the Salt and Lime concept began with a flagship
restaurant in Scottsdale. The 44th Street location opened in early
2024 following an extensive remodel and is currently the focus of
the restructuring effort.

Salt and Lime 44 LLC filed its voluntary Chapter 11 petition on
Feb. 26, 2026, in the U.S. Bankruptcy Court for the District of
Arizona, Case No. 2:26-bk-01762. The company reported assets and
liabilities in the range of $100,001 to $1,000,000 and listed 50 to
99 creditors. Court filings also note a deficiency notice and set a
creditors’ meeting for March 31, 2026, as the company continues
normal operations.

                 About Salt and Lime 44 LLC

Salt and Lime 44 LLC operating a Salt + Lime Modern Mexican Grill
at 5031 N. 44th Street in Phoenix, Arizona, Salt and
Lime 44, LLC delivers modern Mexican dining with offerings such as
tacos, barbacoa, enchiladas, tamales, and handcrafted beverages.
Founded to manage this Arcadia neighborhood location, the
companyprovides lunch, dinner, weekend brunch, and happy hour
service in a lively, casual atmosphere, positioning the restaurant
as both a
culinary destination and a social gathering point within the
Phoenix metropolitan area.

Salt and Lime 44 LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Ariz. Case No. 26-02478) on February 26,
2026. In its petition, the Debtor reports estimated assets between
$1 million and $10 million and estimated liabilities between
$500,000 and $1 million.

The Debtor is represented by Lawrence D. Hirsch, Esq. of PARKER
SCHWARTZ, PLLC.


SANCHO LOCO: Has Deal on Cash Collateral Access
-----------------------------------------------
Sancho Loco, Inc. asks the U.S. Bankruptcy Court for the Central
District of California, Northern Division, for authority to use
cash collateral and provide adequate protection in accordance with
its agreement with the U.S. Small Business Administration.

The request follows a prior stipulation and court-approved order
entered in January during which the Debtor timely made all monthly
adequate protection payments through February and anticipates
timely payment for March.

The second stipulation allows the Debtor to use SBA's cash
collateral from April 1 through June 30 for ordinary and necessary
operating expenses, as outlined in a projected cash flow statement,
while providing SBA with adequate protection through monthly $1,000
payments and a replacement lien on post-petition revenues equal to
any diminution in collateral value.

The agreement maintains SBA's super-priority claim and preserves
its rights under the SBA loan while restricting use of cash
collateral for insider payments until appropriate approvals are
met.

The Debtor emphasizes that continued access to cash collateral is
essential to fund payroll, rent, insurance, supplies, and other
operational costs, preserving business value and supporting the
ongoing reorganization.

A hearing on the matter is set for April 7, at 1:00 p.m.

A copy of the motion is available
at https://urlcurt.com/u?l=TqXGzL from PacerMonitor.com.

                       About Sancho Loco Inc.

Sancho Loco, Inc. sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. C.D. Calif. Case No. 25-11740) on December
22, 2025, listing up to $50,000 in assets and $500,001 to $1
million in liabilities.

Judge Ronald A. Clifford III presides over the case.

Matthew D. Resnik, Esq., at Rhm Law, LLP represents the Debtor as
bankruptcy counsel.


SANTA FE: Hires Robinson Burdette Martin as Accountant
------------------------------------------------------
Santa Fe Specialty Foods, LLC and affiliates seek approval from the
U.S. Bankruptcy Court for the Northern District of Texas to employ
Robinson, Burdette, Martin & Seright, L.L.P. as accountant.

The firm's services include preparing, reviewing and filing of tax
return.

The firm will be paid at the rates of $180 to 420 per hour.

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

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

The firm can be reached at:

     John Seright
     Robinson, Burdette, Martin & Seright, L.L.P.
     9816 Slide Rd. #301
     Lubbock, TX 79424
     Tel: (806) 744-3333

              About Santa Fe Specialty Foods

Santa Fe Specialty Foods, LLC, filed a petition under Chapter 11,
Subchapter V of the Bankruptcy Code (Bankr. N.D. Tex. Case No.
25-50214) on August 4, 2025, with up to $50,000 in assets and up to
$50,000 in liabilities.

David R. Langston, Esq., at Mullin, Hoard & Brown, is the Debtor's
counsel, and Ag Management Group as cash flow consultant.


SANTIN AUTO: Court Orders Appointment of Chapter 11 Trustee
-----------------------------------------------------------
Judge Craig Gargotta of the U.S. Bankruptcy Court for the Western
District of Texas directed the U.S. Trustee for Region 7 to appoint
a Chapter 11 trustee for Santin Auto and Truck Repair Center LLC.

Judge Gargotta granted the motion of Comerica Bank and Fifth Third
Bank, National Association for the appointment of a bankruptcy
trustee. In their motion, the lender raised the following
arguments:

     * The Fifth Circuit is clear, check-kiting is a type of bank
fraud. "Section 1344(1) [titled "bank fraud"] does not require a
specific intent to permanently deprive the bank of its funds. It is
sufficient to knowingly participate in a scheme to trick the bank
into inflating bank balances by kiting checks between two or more
banks. The bare act of check kiting defrauds the bank by
temporarily placing the bank's funds at the disposal of the account
holder."

     * Mr. Esteban Santin, the Debtor's owner/principal, has
testified that in the months immediately prior to the Petition
Date, he wrote checks or transferred amounts between the Debtor's
two bank accounts relying not on actual deposits from Debtor
revenue, but artificially-inflated balances caused by the
continuous transfer between accounts. This has resulted in an
additional claim of at least $1,390,249.44 due to Lender.

     * Additionally, Mr. Santin (the Debtor's primary decision
maker) has not seemed understand the gravity of this pre-petition
misconduct. To the extent the Court determines the Debtor's actions
to not rise to the level of fraud or gross mismanagement, such
actions would at least amount to incompetence or dishonesty.
Regardless of what you call it, the Debtor's misuse of its bank
account at Lender is cause under Section 1104(a)(1) and this Court
must appoint a chapter 11 trustee.

     * The Lender (the largest creditor by far) has completely lost
trust in the Debtor and its current management. Mr. Santin (the
individual who testified that he made the transactions at Lender
with respect to the bank accounts) remains in control of the
Debtor. Under such circumstances, the appointment of a chapter 11
trustee is in the best interest of creditors.

           About Santin Auto and Truck Repair Center LLC

Santin Auto and Truck Repair Center LLC provides comprehensive
repair and maintenance services for light, medium, and heavy-duty
vehicles, including cars, trucks, buses, RVs, and construction
equipment. Based in San Antonio, Texas, the company offers in-shop
and mobile 24/7 roadside services, specializing in diesel repair,
fleet maintenance, engine and transmission work, and heavy
equipment repair. Its team of ASE-certified technicians combines
over 65 years of experience with modern diagnostic and repair
technology to serve San Antonio and surrounding areas.

Santin Auto and Truck Repair Center LLC sought relief under Chapter
11 of the U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 26-50372)
on February 13, 2026. In its petition, the Debtor reports estimated
assets and liabilities between $1 million and $10 million each.

Honorable Bankruptcy Judge Craig A. Gargotta oversees the case.

The Debtor is represented by Stephen W Sather, Esq. of BARRON &
NEWBURGER, P.C.


SECTION 119: Eric Huebscher Named Subchapter V Trustee
------------------------------------------------------
The U.S. Trustee for Region 2 appointed Eric Huebscher of Huebscher
& Co. as Subchapter V trustee for Section 119 LLC.

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

The Subchapter V trustee can be reached at:

     Eric Huebscher
     Huebscher & Co.
     301 E 87th St. - 20E
     New York, NY 10128
     Phone: 917-763-3891
     Email: ehuebscher@huebscherconsulting.com

                       About Section 119 LLC

Section 119 LLC is a U.S.-based apparel brand founded in 2019,
specializing in officially licensed music-inspired clothing and
accessories. The company's Shopify-based online store features
merchandise tied to iconic bands such as the Grateful Dead, Phish,
and The Beatles, offering polos, button-downs, hoodies, board
shorts, and other fan-oriented apparel. While relatively small in
size, Section 119 focuses on blending everyday fashion with music
culture, catering to enthusiasts seeking stylish garments that
celebrate the bands they love.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D.N.Y. Case No. 26-10254) on March 11,
2026, with $376,605 in assets and $2,300,059 in liabilities. Gregg
Carey, CEO, signed the petition.

Judge Patrick G. Radel presides over the case.

Justin A. Heller, Esq. at WHITEMAN OSTERMAN & HANNA LLP represents
the Debtor as legal counsel.


SECTION 119: Seeks to Tap Whiteman Osterman & Hanna as Counsel
--------------------------------------------------------------
Section 119 LLC seeks approval from the U.S. Bankruptcy Court for
the Northern District of New York to employ Whiteman Osterman &
Hanna LLP as counsel.

The firm will provide these services:

   (a) give the Debtor legal advice with respect to its powers and
duties as debtor in possession of its continued business operations
and management of its property;

   (b) prepare on its behalf as debtor in possession necessary
applications, answers, reports, orders, a plan of reorganization,
and other legal papers;

   (c) represent the Debtor in litigation;

   (d) represent the Debtor in various transactional and other
legal matters as may be required or desirable, including a
potential sale process; and

   (e) perform all legal services for applicant as may be necessary
herein.

The firm will be paid at these rates:

     Partners          $420 to $605 per hour
     Associates        $325 to $415 per hour
     Paralegals        $200 to $265 per hour

The firm received a pre-petition retainer in the amount of 69,238.

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

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

The firm can be reached at:

     Justin A. Heller, Esq.
     Whiteman Osterman & Hanna LLP
     One Commerce Plaza 19th Floor
     Albany, NY 12260
     Tel: (518) 487-7793
     Fax: (518) 487-7777

              About Section 119 LLC

Section 119 is a U.S.-based apparel brand founded in 2019,
specializing in officially licensed music-inspired clothing and
accessories. The company's Shopify-based online store features
merchandise tied to iconic bands such as the Grateful Dead, Phish,
and The Beatles, offering polos, button-downs, hoodies, board
shorts, and other fan-oriented apparel. While relatively small in
size, Section 119 focuses on blending everyday fashion with music
culture, catering to enthusiasts seeking stylish garments that
celebrate the bands they love.

Section 119 LLC in Hudson, NY, sought relief under Chapter 11 of
the Bankruptcy Code filed its voluntary petition for Chapter 11
protection (Bankr. N.D.N.Y. Case No. 26-10254) on March 11, 2026,
listing $376,605 in assets and $2,300,059 in liabilities. Gregg
Carey as CEO, signed the petition.

Judge Patrick G Radel oversees the case.

WHITEMAN OSTERMAN & HANNA LLP serve as the Debtor's legal counsel.



SERENADE NEWPORT: Files Amendment to Disclosure Statement
---------------------------------------------------------
Thomas H. Casey, the Chapter 11 trustee, submitted a First Amended
Disclosure Statement describing Chapter 11 Plan dated March 17,
2026.

The Trustee seeks to accomplish a sale of the Debtor's real estate
asset and utilize the net proceeds from the sale for payments to
creditors under the Plan, and if sufficient funds are generated, to
the Debtor's interest holders.

Due to the appointment of a trustee, the Debtor at the September 9,
2025 hearing, orally withdrew its Sale Motion. The Debtor's
proposed Buyers (subject to overbids) have subsequently withdrawn
their offer to purchase.

The Trustee has engaged a qualified real estate broker and intends
to proceed to market and sell the Property. Upon receipt of an
offer that the Trustee (or the Plan Agent, if post confirmation),
in his business judgment, believes fair and reasonable, the Trustee
(or the Plan Agent, if post confirmation) will file the necessary
motion with the Court to obtain authorization to proceed with a
sale in accordance with the provisions of Section 363 of the
Bankruptcy Code.

The Plan proposes to pay the Claims of the Classes of Creditors in
accordance with the provisions of the Plan. The Trustee believes
that Classes 1, 2, and 3 may or may not be unimpaired under the
Plan if the Property is sold before the Effective Date of the Plan
which may allow for payment of the secured claims in the full
amount allowed on or before the Effective Date.

Further, Classes 4, 5, and 6 may or may not be impaired, depending
upon the ultimate amount of the allowed claims and interests in
Classes 4, 5 and 6, and the amount of Net Proceeds available for
the claims and interests in those Classes.

Class 5 consists of General Unsecured Claims. Holders of Allowed
Class 5 Claims will receive distributions on account of their
Allowed Claims from the net proceeds of the sale of the Debtor's
Property, after payment in full of all Allowed Secured Claims, all
Allowed Administrative Claims asserted against the Estate, and all
Allowed Class 4 Claims.

In the event that the available funds are sufficient to pay in full
the amount of Allowed Class 4 Claims, then Class 4 Claims shall be
entitled to receive pro rata payments of interest on their claims
from the Petition Date to the date of payment at the Federal
Judgment Rate in effect on the Effective Date of the Plan.

In the event the net proceeds from the sale of the Property are
insufficient to pay the Class 5 Allowed Claims in full, holders of
Allowed Class 5 Claims will receive Pro-Rata Distributions on
account of their Allowed Claims.

Class 6, Holders of Interest in the Debtor, consists of the
Insiders holding membership interests in the Debtor LLC. The excess
Net Sale Proceeds from a sale of the Property, if any, after
satisfaction of all Allowed Claims asserted against the Estate in
accordance with this Plan, will be distributed to the Class 6
Interest holders, pro rata.

The Plan will be funded from the Net Sale Proceeds from the sale of
the Property. The Trustee intends to proceed with a sale of the
Property for the highest possible sale price, distributing the Net
Sale Proceeds on account of Allowed Claims according to the
priorities established by the Bankruptcy Code.

The Plan Agent shall be responsible for the consummation of a sale
of the Property. It is likely that the Trustee will have engaged a
real estate broker to assist in the marketing and sale of the
Property prior to the Confirmation Hearing. Post-confirmation, the
Plan Agent shall be vested with the authority to negotiate and sign
all necessary documents to complete the sale of the Real Property,
including but not limited to Listing Agreements, Offers for
Purchase and Sale, Agreements for Purchase and Sale, Escrow
Instructions and Grant Deeds.

A full-text copy of the First Amended Disclosure Statement dated
March 17, 2026 is available at https://urlcurt.com/u?l=Vaeenw from
PacerMonitor.com at no charge.

Counsel for Thomas H. Casey, Chapter 11 Trustee:
     
     Todd C. Ringstad, Esq.
     RINGSTAD & SANDERS LLP
     23101 Lake Center Drive, Suite 355
     Lake Forest, CA 92630
     Telephone: 949-851-7450
     Facsimile: 949-851-6926

                      About Serenade Newport LLC

Serenade Newport LLC is a single-asset real estate company with
property located at 1501 Serenade Terrace in Corona Del Mar,
California.

Serenade Newport LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. C.D. Cal. Case No. 25-11898) on July 11,
2025. In its petition, the Debtor reports estimated assets and
liabilities between $1 million and $10 million each.

Honorable Bankruptcy Judge Mark D. Houle handles the case.

The Debtors are represented by Robert P. Goe, Esq. at Goe Forsythe
& Hodges LLP.


SIGNATURE MD: TPG Twin Brook Marks $6.9MM 1L Loan at 29% Off
------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $6,932,000 loan
extended to Signature Md, Inc to market at $4,897,000 or 71% of the
outstanding amount, according to TPG Twin Brook’s 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a loan
extended to Signature Md, Inc. The 1L Loan accrues interest at a
rate of S + 5.75 % 9.42 % per annum. The 1L Loan matures on July
15, 2027.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

           About Signature MD, Inc.

Signature MD, Inc. is a health care services company that provides
concierge-style medical practice management and support solutions
for physicians.


SILVER FALLS: TPG Twin Brook Marks $1.5MM 1L Loan at 71% Off
------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $1,523,000 loan
extended to Silver Falls MSO, LLC to market at $444,000 or 29% of
the outstanding amount, according to TPG Twin Brook’s 10-K for
the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities
and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to Silver Falls MSO, LLC.
The 1L Loan accrues interest at a rate of S + 5.50 % 10.62 % per
annum. The 1L Loan matures on Dec. 31, 2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

           About Silver Falls MSO, LLC

Silver Falls MSO, LLC operates as a management services
organization providing administrative, operational and support
services to affiliated health care practices.


SILVERROCK DEVELOPMENT: Unsecureds' Recovery "TBD" in Plan
----------------------------------------------------------
SilverRock Development Company, and affiliates filed with the U.S.
Bankruptcy Court for the District of Delaware a Combined Disclosure
Statement for the Joint Plan of Liquidation dated March 17, 2026.

The Debtors in the Chapter 11 Cases were involved in owning and
developing a large-scale resort and mixed-use real estate project
in La Quinta, California (the "Project").

Initially under the management of the Robert Green Company ("RGC"),
the Debtors began development of the Project in 2014 after entering
into a Purchase, Sale, and Development Agreement (the "PSDA") and
Development Agreement (the "Development Agreement") with the City
of La Quinta, California (the "City").

On June 5, 2025, the Debtors, in consultation with the Consultation
Parties and the City, selected TBE RE Acquisition Co II LLC
("Turnbridge") as the proposed Stalking Horse Bidder and determined
that its Stalking Horse LOI (the "Designated Stalking Horse LOI")
represented the highest or otherwise best offer then available for
the Purchased Assets. Also on June 5, 2025, the Debtors filed a
motion requesting entry of an order approving the Debtors'
selection of the Stalking Horse Bidder and a $2 million break-up
fee payable in accordance with the terms of such order (the
"Break-Up Fee" and such motion, the "Stalking Horse Motion").

The purchase price for the Purchased Assets under the Designated
Stalking Horse LOI was $60 million dollars. Pursuant to the terms
of the Designated Stalking Horse LOI, certain required documents
for the development of the real property (the "Amended Development
Documents") were required to be negotiated and substantially
finalized with the City by the Bid Deadline.

Upon the commencement of the Mediation, the Appellees and Builders
Capital agreed to six stays of these briefing deadlines to allow
the Mediation to continue. Now that the Mediation has concluded,
the Debtors anticipate that Builders Capital will file its response
to the Motion to Dismiss on March 20, 2026 and the Appellees'
answering brief is due to be filed on March 31, 2026. The Debtors
believe the Appeal is meritless and reserve all rights with respect
to the Appeal. For the avoidance of doubt, nothing herein shall be
construed as an admission or waiver related thereto.

The Debtors closed the Sale to the Buyer on December 9, 2025 (the
"Closing Date"). In connection therewith, the Debtors paid certain
closing costs and the then outstanding amount of the DIP Financing
out of the gross sale proceeds received from the Sale. The
remainder of the sale proceeds were placed into escrow accounts.

Class 15 consists of all General Unsecured Claims, including, for
the avoidance of doubt, all Deficiency Claims. Except to the extent
that a Holder of an Allowed General Unsecured Claim and the Debtors
or the Litigation Trust, as applicable, agree to less favorable
treatment for such Holder, each Holder of an Allowed General
Unsecured Claim shall, in full and final satisfaction, settlement
and release of, and in exchange for, such Claim, receive its Pro
Rata Share of the GUC Beneficial Interests in the Litigation Trust.
Class 15 is Impaired under the Plan.

Holders of other general unsecured claims in Class 16 are impaired
and their projected recovery is still "to be determined", according
to the Disclosure Statement.

Class 18 consists of all Interests. On the Effective Date, all
Interests shall be canceled, released and extinguished and will be
of no further force or effect. Class 18 is conclusively deemed to
have rejected the Plan pursuant to section 1126(g) of the
Bankruptcy Code. Therefore, such Holders are not entitled to vote
to accept or reject the Plan.

The Plan will be implemented by, among other things, the
appointment of the Litigation Trustee and the making of
Distributions from the Litigation Trust Assets, including all Cash
and the proceeds, if any, from the prosecution, settlement, or
other disposition of any Retained Causes of Action, in accordance
with the Plan and the Litigation Trust Agreement. Except as
otherwise provided in the Plan, on and after the Effective Date,
all assets of the Estates, including all claims, rights, Retained
Causes of Action and any property acquired by the Debtors under or
in connection with the Plan, shall vest in the Litigation Trust,
free and clear of all Liens, Claims, and Interests, subject to the
substantive consolidation provided for herein.

Each of the Debtors will be subject to one or more Dissolution
Transactions on or after the Effective Date, at the discretion of
the Litigation Trustee and in accordance with the Litigation Trust
Agreement. Each Debtor shall continue to exist after the transfer
of the property of the Estates to the Litigation Trust until
dissolved by the Litigation Trustee, pursuant to a Dissolution
Transaction.

Except as otherwise provided in the Plan or the Combined Order, on
the Effective Date, the Debtors shall transfer the Litigation Trust
Assets to the Litigation Trust, and all such assets shall vest in
the Litigation Trust on such date, to be administered by the
Litigation Trustee in accordance with the Plan and the Litigation
Trust Agreement. Except as set forth in Article VII.K, the
Litigation Trust Assets shall be transferred to the Litigation
Trust free and clear of all Liens.

A full-text copy of the Combined Disclosure Statement and Plan
dated March 17, 2026 is available at https://urlcurt.com/u?l=Dpxhni
from PacerMonitor.com at no charge.

Co-Counsel to the Debtors:

     WILSON SONSINI GOODRICH & ROSATI, P.C.
     Erin R. Fay, Esq.
     Shane M. Reil, Esq.
     Catherine C. Lyons, Esq.
     222 Delaware Avenue, Suite 800
     Wilmington, Delaware 19801
     Telephone: (302) 304-7600
     E-mails: efay@wsgr.com
              sreil@wsgr.com
              clyons@wsgr.com

Co-Counsel to the Debtors:

     LAW OFFICES OF BENJAMIN M. CARSON, P.C.
     Victor A. Vilaplana, Esq.
     823 La Jolla Rancho Rd.
     La Jolla, CA 92037
     Telephone: (619) 840-4130
     Email: vavilaplana@g

     -and-

     Benjamin M. Carson, Esq.
     5965 Village Way, STE E105
     San Diego, CA 92130
     Telephone: (858) 255-4529
     Email: ben@benjamincarsonlaw.com

              About SilverRock Development Company

SilverRock Development Company, LLC, is a San Diego, Calif.-based
company primarily engaged in renting and leasing real estate
properties.

SilverRock filed a Chapter 11 petition (Bankr. D. Del. Lead Case
No. 24-11647) on Aug. 5, 2024, with $100 million to $500 million in
both assets and liabilities. Robert S. Green, Jr., chief executive
officer, signed the petition.

Judge Mary F. Walrath handles the case.

The Debtor is represented by Jonathan M. Stemerman, Esq., at
Armstrong Teasdale.


SOLON CORPORATION: Case Summary & 20 Largest Unsecured Creditors
----------------------------------------------------------------
Debtor: Solon Corporation
        3366 N Dodge Blvd
        Tucson AZ 85716

        Business Description: Solon Corporation provides turnkey
commercial and utility-scale solar photovoltaic systems, battery
energy storage, and microgrid solutions in the Southwest United
States. The company handles development, design, engineering,
construction, financing, and ongoing operations and maintenance for
municipalities, school districts, universities, commercial
customers, and utilities.

Chapter 11 Petition Date: March 25, 2026

Court: United States Bankruptcy Court
       District of Arizona

Case No.: 26-02842

Judge: Hon. Scott H Gan

Debtor's Counsel: Michael Carmel, Esq.
                  MICHAEL W. CARMEL, LTD.
                  80 E Columbus Ave
                  Phoenix AZ 85012
                  Tel: (602) 264-4965
                  Email: michael@mcarmellaw.com

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Brian Seibel 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/RMBKS7A/SOLON_CORPORATION__azbke-26-02842__0001.0.pdf?mcid=tGE4TAMA


SOUTHERN ORTHODONTIC: TPG Twin Marks $8.2MM 1L Loan at 57% Off
--------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $8,257,000 loan
extended to Southern Orthodontic Partners Management, LLC to market
at $3,558,000 or 43% of the outstanding amount, according to TPG
Twin Brook's 10-K for the fiscal year ended Dec. 31, 2025, filed
with the U.S. Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured delayed draw term loan extended to Southern
Orthodontic Partners Management, LLC. The 1L Loan accrues interest
at a rate of S + 5.25 % 8.92 % per annum. The 1L Loan matures on
July 27, 2026.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

                About Southern Orthodontic Partners Management,
LLC

Southern Orthodontic Partners Management, LLC is a dental services
organization that provides management and administrative support to
affiliated orthodontic practices.


SP TRANS: Case Summary & 11 Unsecured Creditors
-----------------------------------------------
Debtor: SP Trans, Inc.
        100 Higgins Rd Suite 212
        Park Ridge, IL 60068

        Business Description: Operating across the contiguous
United States, SP Trans, Inc. is a Park Ridge, Illinois-based
asset-based carrier that transports general freight through full
truckload services, relying on a combination of owned and leased
dry van trucks, drivers, and logistics systems to support shipment
tracking, scheduling, and delivery coordination for its brokerage
and shipper clients.

Chapter 11 Petition Date: March 24, 2026

Court: United States Bankruptcy Court
       Northern District of Illinois

Case No.: 26-05232

Debtor's Counsel: Laxmi P. Sarathy, Esq.
                  WHITESTEONE, P.C.
                  7925 W 103rd Street, Suite 1A
                  Palos Hills, IL 60465
                  Tel: 312-674-7965
                  Fax: 312-873-4774
                  E-mail: lsarathy@whitestonelawgroup.com

Estimated Assets: $0 to $50,000

Estimated Liabilities: $1 million to $10 million

The petition was signed by Sasha Puzic as secretary.

A full-text copy of the petition, which includes a list of the
Debtor's 11 unsecured creditors, is available for free on
PacerMonitor at:

https://www.pacermonitor.com/view/FUNSGCA/SP_Trans_Inc__ilnbke-26-05232__0001.0.pdf?mcid=tGE4TAMA


SPARHAWK LLC: Affiliates Seek Cash Collateral Access, DIP Loan
--------------------------------------------------------------
Sparhawk Trucking, Inc. and Sparhawk Truck and Trailer, Inc. ask
the U.S. Bankruptcy Court for the Western District of Wisconsin for
authority to use cash collateral and obtain debtor-in-possession
financing.

The Debtors operate a nationwide transportation and logistics
business and need immediate access to cash for daily operations.

WoodTrust Bank is the primary secured creditor with liens on the
Debtors' assets and is owed over $10.1 million, with Nicolet
National Bank and PNC Bank holding subordinate interests.

To protect WoodTrust and other secured creditors, the Debtors offer
replacement liens, adequate protection payments of $121,000 per
month to offset potential diminution of collateral, ongoing
insurance coverage, and compliance with reporting requirements.

The Debtors also request approval for continued financing from
Electric Funds Source, LLC, T Check Systems and WEX Bank; and
debtor-in-possession financing through the use of Visa credit cards
issued by WoodTrust to support operational costs under the same
terms as their pre-petition agreements.

While the Debtors believe approval may not be required under 11
U.S.C. section§ 364(a), they seek court authorization under
section 364(b) as a precaution, ensuring all post-petition
obligations are treated as administrative expenses.

The Debtors emphasize that the use of cash collateral is necessary
to prevent the collapse of their operations, which would otherwise
jeopardize creditor interests. Preliminary approval of these
measures was previously granted, and the Debtors now seek final
approval, asserting that these arrangements provide adequate
protection to secured creditors, preserve the value of the estates,
and allow continued profitable operations.

The final hearing is set for April 1.

A copy of the motion is available at https://urlcurt.com/u?l=xun3aH
from PacerMonitor.com.

                          About Sparhawk LLC

Sparhawk LLC and affiliated entities -- Sparhawk Trucking, Inc.,
Sparhawk Properties, LLC; and Sparhaw Truck and Trailer, Inc. --
support trucking operations, equipment management and property
holdings related to the group's transportation activities. Founded
in 1981, the Sparhawk group operates within the general freight
trucking industry in the U.S.

The Debtors sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. W.D. Wisc. Lead Case No.26-10527) on March
13, 2026. In the petition signed by Mark A. Sparhawk, sole member,
Sparhawk LLC disclosed up to $10 million in both assets and
liabilities.

Judge Catherine J Furay oversees the cases.

Jerome R. Kerkman, Esq., and Nicholas W. Kerkman, Esq., at Kerkman
& Dunn, represent the Debtors as legal counsel.


SPEAR EDUCATION: TPG Twin Brook Marks $7.29M 1L Loan at 53% Off
---------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $7,290,000 loan
extended to Spear Education Holdings, LLC to market at $3,448,000
or 47% of the outstanding amount, according to TPG Twin Brook’s
10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S.
Securities and Exchange Commission on March 16, 2026.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan  extended to Spear Education
Holdings, LLC. The 1L Loan accrues interest at a rate of S + 5.25%
9.07% per annum. The 1L Loan matures on Dec. 15, 2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Spear Education Holdings, LLC

Spear Education Holdings, LLC operates as a holding company. The
Company through its subsidiaries, provides in-person and online
dental continuing education and practice management resources
designed to help dental practices and their patients. Spear
Education Holdings serves customers in the United States.


SPECTRUM SOLUTIONS: TPG Twin Marks $644,000 1L Loan at 86% Off
--------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $644,000 loan
extended to Spectrum Solutions, LLC to market at $89,000 or 14% of
the outstanding amount, according to TPG Twin Brook's 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured term loan extended to Spectrum Solutions, LLC. The
1L Loan accrues interest at a rate of S + 6.25% / 10.18% per annum.
The 1L Loan matures on March 5, 2026.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

             About Spectrum Solutions, LLC

Spectrum Solutions, LLC operates as a life science equipment
manufacturing company. The Company offers clinical, reference, and
DTC testing.


SRB AERIAL: Case Summary & Four Unsecured Creditors
---------------------------------------------------
Debtor: SRB Aerial Applicators, LLC
        1108 Airport Lane
        Charleston, MS 38921

        Business Description: Charleston, Mississippi-based SRB
Aerial Applicators, LLC provides agricultural aerial application
services, including crop spraying and dusting, serving regional
crop farmers and landowners. The company operates a fleet of
aircraft and holds environmental and transportation permits
required for interstate and agricultural operations.

Chapter 11 Petition Date: March 25, 2026

Court: United States Bankruptcy Court
       Northern District of Mississippi

Case No.: 26-11040

Judge: Hon. Jason D Woodard

Debtor's Counsel: Craig M. Geno, Esq.
                  LAW OFFICES OF GENO AND STEISKAL, PLLC
                  601 Renaissance Way
                  Suite A
                  Ridgeland, MS 39157
                  Tel: 601-427-0048

Estimated Assets: $1 million to $10 million

Estimated Liabilities: $1 million to $10 million

The petition was signed by Chris Finke as managing member.

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

https://www.pacermonitor.com/view/W6DW5FQ/SRB_Aerial_Applicators_LLC__msnbke-26-11040__0006.0.pdf?mcid=tGE4TAMA

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

https://www.pacermonitor.com/view/WAPSYYI/SRB_Aerial_Applicators_LLC__msnbke-26-11040__0001.0.pdf?mcid=tGE4TAMA


STAR DENTAL: TPG Twin Brook Marks $1.4M 1L Loan at 41% Off
----------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $1,451,000 loan
extended to Star Dental Partners LLC to market at $854,000 or 59%
of the outstanding amount, according to TPG Twin Brook's 10-K for
the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities
and Exchange Commission on March 16, 2026.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to Star Dental Partners LLC.
The 1L Loan accrues interest at a rate of S + 5.50% 9.22% per
annum. The 1L Loan matures on Dec. 22, 2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Star Dental Partners LLC

Star Dental Partners LLC is a leading Dental Support Organization
committed to building lasting partnerships with dentists.



STAR DENTAL: TPG Twin Brook Marks $12M 1L Loan at 50% Off
---------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $12,069,000 loan
extended to Star Dental Partners LLC to market at $5,997,000 or 50%
of the outstanding amount, according to TPG Twin Brook's 10-K for
the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities
and Exchange Commission on March 16, 2026.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured delayed draw term loan extended to Star Dental
Partners LLC. The 1L Loan accrues interest at a rate of S + 5.50%
9.22% per annum. The 1L Loan matures on Dec. 22, 2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Star Dental Partners LLC

Star Dental Partners LLC is a leading Dental Support Organization
committed to building lasting partnerships with dentists.


STARWEST BOTANICALS: TPG Twin Marks $174,000 1L Loan at 18% Off
---------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $174,000 loan
extended to Starwest Botanicals Acquisition, LLC to market at
$143,000 or 82% of the outstanding amount, according to TPG Twin
Brook's 10-K for the fiscal year ended Dec. 31, 2025, filed with
the U.S. Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to Starwest Botanicals
Acquisition, LLC. The 1L Loan accrues interest at a rate of S +
5.25% 9.08% per annum. The 1L Loan matures on April 30, 2028.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

            About Starwest Botanicals Acquisition, LLC

Starwest Botanicals Acquisition, LLC is one of the largest
vertically integrated, independent, value-added suppliers of
organic herbs, spices, and botanicals in the U.S.


SUGARBUSH ARMORY: Case Summary & Seven Unsecured Creditors
----------------------------------------------------------
Two affiliates that concurrently filed voluntary petitions for
relief under Chapter 11 of the Bankruptcy Code:

    Debtor                                     Case No.
    ------                                     --------
    Sugarbush Armory, LLC                      26-10348
       DBA Sugarbush Armory
    2065 Clinton Street Road
    Attica, NY 14011

    Handgun Headquarters LLC                   26-10349
    2065 Clinton Street Road
    Attica, NY 14011

Business Description: Sugarbush Armory, LLC, founded in 2016, is a
Federally Licensed Firearms Dealer based in Attica, New York. The
company operates a retail store, specialized gunsmith services, and
a shooting range from its 18,000-square-foot Clinton Street
facility under a leasehold interest from Handgun Headquarters LLC,
which owns the property. Sugarbush Armory engages in the sale of
firearms, ammunition, and related accessories and participates in
community fundraising activities across western New York.

Chapter 11 Petition Date: March 24, 2026

Court: United States Bankruptcy Court
       Western District of New York

Judge: Hon. Carl L Bucki

Debtors' Counsel: Scott J. Bogucki, Esq.
                  GLEICHENHAUS, MARCHESE & WEISHAAR, P.C.
                  930 Convention Tower
                  43 Court Street
                  Buffalo, NY 14202
                  Tel: (716) 845-6446
                  Fax: (716) 845-6475

Sugarbush Armory, LLC's
Total Assets: $1,828,636

Sugarbush Armory, LLC's
Total Liabilities: $3,764,987

Handgun Headquarters LLC's
Total Assets: $5,075,764

Handgun Headquarters LLC's
Total Liabilities: $2,325,205

The petitions were signed by Kimo Ward Brandon as managing member
and sole member.

Full-text copies of the petitions containing lists of the Debtors'
unsecured creditors, are available for free on PacerMonitor at:

https://www.pacermonitor.com/view/NXLBGWI/Sugarbush_Armory_LLC__nywbke-26-10348__0001.0.pdf?mcid=tGE4TAMA

https://www.pacermonitor.com/view/N4MW3WI/Handgun_Headquarters_LLC__nywbke-26-10349__0001.0.pdf?mcid=tGE4TAMA


SUMMIT MIDSTREAM: New Term Loan No Impact on Moody's 'B2' CFR
-------------------------------------------------------------
Moody's Ratings said Summit Midstream Corporation's (SMC) new $340
million term loan (unrated) raised by its unrestricted subsidiary
Summit Permian Transmission, LLC ("SPT", unrated) will not affect
the company's credit ratings or its stable outlook. The new term
loan will be used to refinance the capital structure of this
subsidiary and to upstream a $85 million distribution to SMC. The
term loan includes a $100 million delayed drawn facility (50% of
which is uncommitted) to be used to fund the expansion costs of the
Double E Pipeline, LLC (Double E).    

Summit Permian Transmission, LLC indirectly own a 70% equity
interest in Double E, a long-haul natural gas pipeline from
multiple delivery points in the Permian Basin to the Waha hub in
Texas. SPT has historically operated at breakeven cash flow after
debt service; this structure is not expected to change over the
next two years. SMC's rated debt doesn't rely on distribution or
credit support from this unrestricted asset.  As such, the new term
loan has no impact on SMC's rated debt from an structural or cash
flow perspective.  

SMC's B2 corporate family rating (CFR) reflects its revenue
diversification in terms of basins and producers, which reduces
volatility from volume risk. The ratings are constrained by company
relatively small scale and elevated leverage, which are reflected
on limited cash generation.

Summit Midstream Holdings, LLC's senior secured second lien notes
are rated B3, one notch below SMC's B2 CFR, reflecting the ABL
facility's priority claim and significant size. The $500 million
ABL facility is subject to a borrowing base and has a first lien
claim on substantially all assets and subsidiary capital stock. The
senior secured notes have a second priority lien on the ABL
collateral. SMC's series A preferred stock is rated Caa2, three
notches below SMC's B2 CFR. Moody's considers the Caa2 rating on
the preferred stock to be more appropriate than the rating
suggested by Moody's Loss Given Default for Speculative-Grade
Companies Methodology. The preferred stock receives 100% equity
treatment in Moody's calculations of consolidated debt and
leverage.

The stable outlook reflects Moody's expectations of gradually
improving credit metrics through 2026 as the company continues its
asset optimization plans.

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

The ratings could be upgraded if the company meaningfully increases
scale and sustain positive cash flow, consolidated Debt/EBITDA
leverage is sustained below 4x (Moody's calculations of
consolidated debt includes financial obligations raised at SPT)
and, maintains at least adequate liquidity.

The ratings could be downgraded if Consolidated Debt/EBITDA
leverage sustained above 5.5x, SMC's scale reduces materially
without adequate debt reduction or Liquidity deteriorates.

Based in Houston, Texas, Summit Midstream Corporation is a
publicly-traded company primarily engaged in natural gas, crude oil
and produced water gathering and/or processing. The company's
operations are organized in four business segments: Rockies
(Williston and DJ Basin), Mid-Con (Barnet Shale, Arkoma Basin),
Piceance and Permian (Delaware Basin). The Permian segment is
managed through a 70%-owned unrestricted subsidiary (Summit Permian
Transmission, LLC), which owns a 1.5 Bcf/d pipeline that connects
the Delaware Basin to Waha, Texas (Double E Pipeline, LLC).


SUPERIOR FAMILY: G. Matt Barberich Named Subchapter V Trustee
-------------------------------------------------------------
The Acting U.S. Trustee for Region 13 appointed G. Matt Barberich,
Jr. of B. Riley Advisory Services as Subchapter V trustee for
Superior Family Investments Corp.   

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

The Subchapter V trustee can be reached at:

     G. Matt Barberich, Jr.
     B. Riley Advisory Services
     7101 College Boulevard, Suite 730
     Overland Park, KS 66210
     Phone: 913-389-9270
     Email: mbarberich@brileyfin.com  

              About Superior Family Investments Corp.

Superior Family Investments Corp. sought protection under Chapter
11 of the U.S. Bankruptcy Code (Bankr. W.D. Mo. Case No. 26-50082)
on March 11, 2026, with $500,001 to $1 million in assets and
liabilities.

Judge Cynthia A. Norton presides over the case.

Gary Mardian, Esq. at Wiesner & Frackowiak, L.C. represents the
Debtor as legal counsel.


SUPERIOR FAMILY: Hires Wiesner & Frackowiak LC as Counsel
---------------------------------------------------------
Superior Family Investments Corp. seeks approval from the U.S.
Bankruptcy Court for the Western District of Missouri to employ
Wiesner & Frackowiak, LC as counsel.

The counsel will advise Debtor with respect to its powers and
duties in the Chapter 11; attend meetings and negotiate with
representatives of creditors, the Trustee, and other parties in
interest; prepare motions, applications, objections, orders,
reports, and other pleadings necessary for the administration of
the estate; prepare a plan of reorganization and take steps
necessary toward the confirmation of that plan; and appear before
the Court on any required hearings.

The hourly fees of the firm are $420 per hour for Patrick Wiesner
and $295 per hour for Gary Mardian. The counsel received a retainer
of $13,800 prior to case filing.

Wiesner & Frackowiak, LC is a disinterested person within the
meaning of Sections 327, 330, and 101(14) of the Bankruptcy Code,
according to court filings.

The firm can be reached through:

     Gary Mardian, Esq.
     Wiesner & Frackowiak, LC
     6750 West 93rd Street, Ste. 220
     Overland Park, KS 66212
     Tel: (913) 381-7654
     Fax: (913) 383-3948
     Email: garym@wflaw.net

              About Superior Family Investments Corp.

Superior Family Investments Corp., filed a Chapter 11 bankruptcy
petition (Bankr. W.D. Mo. Case No. 5:26-bk-50082) on Marrch 11,
2026. The Debtor hires Wiesner & Frackowiak, LC as counsel.


SWIFTSHIPS LLC: Gets Interim OK to Use Cash Collateral
------------------------------------------------------
Swiftships, LLC got the green light from the U.S. Bankruptcy Court
for the Western District of Louisiana to use cash collateral to
sustain its ongoing operations.

At the recently held hearing, the court authorized the Debtor's
interim use of cash collateral and set a final/further hearing for
April 14.

Swiftships filed for Chapter 11 protection primarily to halt a
sheriff's sale of its vessel, the M/V Risen Sun, which was
scheduled for March 25, 2026. The Debtor estimates the vessel is
worth at least $7.5 million, while the liens against it—held by
the SBA and other creditors—total no more than $3.5 million. By
filing for bankruptcy, the Debtor aims to preserve approximately $4
million in equity for the benefit of all stakeholders. The Debtor's
shipbuilding facility in Morgan City, Louisiana, serves as the
basis for venue in this core proceeding.

The Debtor needs immediate access to cash in its bank accounts and
funds generated from operations to meet essential expenses,
including payroll and restructuring costs. This use is governed by
a three-month budget, with a built-in flexibility allowing for a
10% variance in specific categories. Swiftships asserts that
without this liquidity, its operations would cease immediately,
causing irreparable harm to the estate’s value and its ability to
reorganize.

To protect the interest of the U.S. Small Business Administration
in the cash being spent, the Debtor offers several measures of
"adequate protection," provided the SBA's liens are ultimately
determined to be valid:

1. Replacement Liens: The SBA would be granted liens on the
Debtor's post-petition assets (such as new accounts receivable) to
replace the value of the cash used.
2. Equity Cushion: The Debtor argues that the SBA is already
"oversecured" because the value of the vessel significantly exceeds
the debt owed. This equity cushion (estimated at over 50%) is
presented as a "classic form" of adequate protection under
bankruptcy law.
3. Cash Collateral Accounts: All funds will be maintained in
specific debtor-in-possession accounts to ensure transparency and
compliance with the court-approved budget.

                 About Swiftships LLC

Swiftships, LLC designs, builds and supports military and
commercial vessels, providing shipbuilding, engineering, system
integration, co-production, maintenance, repair and overhaul, and
service life extension services for naval and government clients
worldwide. Founded in 1942 and based in Chantilly, Virginia, the
company has constructed more than 1,000 vessels and provides
life-cycle sustainment, follow-on technical support and autonomous
solutions to more than 50 operators, with capabilities that include
transfer-of-technology, transfer-of-production and fleet management
support.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. W.D. La. Case No. 26-50237) on March 18,
2026. In the petition signed by Shahraze Shah, manager, the Debtor
disclosed $43,004,524 in assets and $26,087,683 in liabilities.

Judge John W Kolwe oversees the case.

Ryan J. Richmond, Esq., at STERNBERG, NACCARI & WHITE, LLC,
represents the Debtor as legal counsel.




SWJ AUTOMOTIVE: Court OKs Vehicle Sale to James Downs for $3,500
----------------------------------------------------------------
The U.S. Bankruptcy Court for the Western and Eastern District of
Arkansas has approved  SJW Automotive LLC to sell Property, free
and clear of liens, claims, interests, and encumbrances.

The Debtor wants to sell the 2000 Chevrolet Silverado 1500, VIN
1GCEK19T5YE264039. The Vehicle was received by the Debtor from a
customer who was unable to pay for automotive services rendered by
the Debtor and who transferred title to the Vehicle to the Debtor
in lieu of payment. The Vehicle is not necessary for the effective
reorganization of the Debtor's business.

There are no liens, encumbrances, security interests, or other
claims against the Vehicle.

The title to the Vehicle is free and clear of all encumbrances.

The Court has authorized the Debtor to sell the Vehicle to James
Downs, an employee of the Debtor, for $3,500.00 cash.

The Court held that the sale of the Vehicle is in the best
interests of the Debtor's estate and the sale price represents the
fair market value of the Vehicle.

The proceeds of the sale shall be retained by the Debtor's estate
and applied in accordance with applicable law and the Debtor's plan
of reorganization.

             About SJW Automotive LLC

SJW Automotive LLC operates an automotive repair and service center
in Springdale, Arkansas, providing vehicle maintenance,
diagnostics, transmission repair, and general auto repair
services.

SJW Automotive filed a petition under Chapter 11, Subchapter V of
the Bankruptcy Code (Bankr. W.D. Ark. Case No. 26-70217) on Feb. 9,
2026. In the petition signed by Braeden Lynn Johnson, incorporator
or organizer, the Debtor disclosed up to $50,000 in assets and up
to $10 million in liabilities.

Judge Bianca M. Rucker oversees the case.

The Debtor tapped Jessica Hall, Esq., at WH Law, PLC as counsel.


SYNERGY MANUAL: Hires Waugh & Goodwin LLC as Counsel
----------------------------------------------------
Synergy Manual Physical Therapy, P.C. seeks approval from the U.S.
Bankruptcy Court for the District of Colorado to employ Waugh &
Goodwin, LLC as counsel.

The firm's services include:

   (a) reviewing and amending as necessary Debtor's books and
records in connection with preparation of the Debtor's 2025 income
tax returns; and

    (b) analyzing and advising regarding accounting related
issues.

The firm will be paid a flat rate of $1,075 for the preparation of
the 2025 Federal and State tax returns.

The firm will be paid an hourly rate of $200 for accounting
advisory services.

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

The firm can be reached at:

     Jill Goodwin
     Waugh & Goodwin, LLC
     2925 Professional Place, Suite 201
     Colorado Springs, CO 80904
     Tel: (719) 590-9777

              About Synergy Manual Physical Therapy, P.C.

Synergy Manual Physical Therapy, P.C. filed a petition under
Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D. Colo.
Case No. 26-10569) on January 30, 2026, with $100,001 to $500,000
in both assets and liabilities.

Judge Joseph G. Rosania Jr. presides over the case.

Jeffrey S. Brinen, Esq., at Kutner Brinen Dickey Riley, P.C.
represents the Debtor as legal counsel.


TEZCAT LLC: Gets Extension to Access Cash Collateral
----------------------------------------------------
Tezcat, LLC received third interim approval from the U.S.
Bankruptcy Court for the Middle District of Florida, Jacksonville
Division, to use the cash collateral of its secured creditors.

Under the third interim order, the Debtor is authorized to use cash
collateral for court-approved payments; the expenses set forth in
its budget (plus an amount not to exceed 10% for each line item);
and additional amounts subject to approval by secured lender,
IncredibleBank.

As adequate protection, IncredibleBank and other creditors holding
an interest in the cash collateral will be granted a perfected
post-petition replacement lien, with the same validity and priority
as its pre-bankruptcy lien.

In addition, Tezcat must maintain required insurance; provide
access to records and premises; comply with all
debtor-in-possession obligations; and continue its monthly payment
of $1,868.25 to the secured lender.

A continued hearing is scheduled for April 8.

A copy of the court's order and the Debtor's budget is available at
https://shorturl.at/1I54R from PacerMonitor.com.

                         About Tezcat LLC

Tezcat LLC, operating as Tepeyolot Cervecerias, is a family-owned
brewery and restaurant in Jacksonville, Fla., offering fresh
Mexican cuisine paired with craft lagers brewed on-site. In
addition to its dine-in and takeout options, the business provides
catering services for events like birthdays, weddings, and
corporate functions. It also offers online ordering and party
booking services.

Tezcat filed Chapter 11 petition (Bankr. M.D. Fla. Case No.
25-00803) on March 17, 2025, listing total assets of $22,708 and
total liabilities of $1,001,540.

Judge Jason A. Burgess handles the case.

Buddy D. Ford, Esq., at Buddy D. Ford, P.A. is the Debtor's legal
counsel.

IncredibleBank, as secured creditor, is represented by:

   Daniel A. Miller, Esq.
   Daniel A. Miller, P.A.
   11987 Southern Blvd., No. 1
   Royal Palm Beach, FL 33411
   Telephone: (561) 463-5929
   daniel@damillerlaw.com
   service@damillerlaw.com


TREE LANE: Updates Unsecured Claims Pay Details
-----------------------------------------------
Tree Lane LLC and Skylark (UK) Servicer, LLC, senior secured
lender, submitted a Disclosure Statement describing Chapter 11 Plan
of Liquidation dated March 16, 2026.

The Debtor's main asset is a parcel of undeveloped land referred to
in the Plan as the "Tree Lane Parcel." The Debtor has
unsuccessfully attempted to sell the Tree Lane Parcel for over one
year.

As part of the Plan, the Debtor engaged in a marketing process to
sell the Tree Lane Parcel. The marketing process that was designed
to produce the most value to creditors under the circumstances.
Skylark Servicer, the Debtor's senior secured prepetition lender
and DIP lender, agreed to serve as a stalking horse in connection
with the marketing process. Skylark Servicer, the Debtor's senior
secured prepetition lender and DIP lender, agreed to serve as a
stalking horse in connection with the marketing process.

Skylark Servicer made a "Stalking Horse Bid" in the following
amount: (a) a credit bid of the DIP Facility (in the full principal
amount of approximately $9,250,000), (b) payment of $1 million to
the Estate (the "Estate Contribution") to fund wind down activities
and distributions to Allowed General Unsecured Creditors, (c)
payment of back property taxes and association fees and (d) payment
of closing costs, including broker's commissions. The Stalking
Horse Bid was subject to higher and better offers, which could have
improved recoveries to junior creditors, including Allowed General
Unsecured Creditors.

Class 4 consists of the Allowed Secured Claim of Cruz Concrete &
Stone, Inc. which is Secured by a mechanic's lien against the Tree
Lane Parcel. The Holder of the Allowed Secured Claim of Cruz
Concrete & Stone, Inc. (the "Class 4 Claim") shall receive, until
its Allowed Secured Claim is paid in full, and in full
satisfaction, compromise, settlement and release of and in exchange
for, such Allowed Secured Claim, all Sale Proceeds after the
payment of (i) the DIP Facility Claim, (ii) the Skylark Secured
Claim, (iii) the Stalking Horse Cash Amount and (iv) all senior
Allowed Secured Claims.

The Debtor does not believe that there will be any Sale Proceeds
available to pay the Class 4 Claim because no competing bids have
been received by the Debtor and the Buyer will be Skylark Servicer
pursuant to the Stalking Horse Bid. As a result, the Holder of the
Class 4 Claim will receive no distribution on account of its
Allowed Class 4 Claim. The Holder of the Class 4 Claim shall,
however, have a General Unsecured Claim which shall receive the
treatment set forth in Class 8.

Class 5 consists of the Secured Claim of HD Supply
Construction/White Cap LP. The Holder of the Allowed Secured Claim
of HD Supply Construction/White Cap LP (the "Class 5 Claim") shall
receive, until its Allowed Secured Claim is paid in full, and in
full satisfaction, compromise, settlement and release of and in
exchange for, such Allowed Secured Claim, all Sale Proceeds after
the payment of (i) the DIP Facility Claim, (ii) the Skylark Secured
Claim, (iii) the Stalking Horse Cash Amount and (iv) all senior
Allowed Secured Claims.

The Debtor does not believe that there will be any Sale Proceeds
available to pay the Class 5 Claim because no competing bids have
been received by the Debtor and the Buyer will be Skylark Servicer
pursuant to the Stalking Horse Bid. As a result, the Holder of the
Class 5 Claim will receive no distribution on account of its
Allowed Class 5 Claim. The Holder of the Class 5 Claim shall,
however, have a General Unsecured Claim which shall receive the
treatment set forth in Class 8.

Class 6 consists of the Secured Claim of Lydda Lud which is Secured
by the Tree Lane Parcel. The Holder of the Allowed Secured Claim of
Lydda Lud (the "Class 6 Claim") shall receive, until its Allowed
Secured Claim is paid in full, and in full satisfaction,
compromise, settlement and release of and in exchange for, such
Allowed Secured Claim, all Sale Proceeds after the payment of (i)
the DIP Facility Claim, (ii) the Skylark Secured Claim, (iii) the
Stalking Horse Cash Amount and (iv) all senior Allowed Secured
Claims.

The Debtor does not believe that there will be any Sale Proceeds
available to pay the Class 6 Claim because no competing bids have
been received by the Debtor and the Buyer will be Skylark Servicer
pursuant to the Stalking Horse Bid. As a result, the Holder of the
Class 6 Claim will receive no distribution on account of its
Allowed Class 6 Claim. The Holder of the Class 6 Claim shall,
however, have a General Unsecured Claim which shall receive the
treatment set forth in Class 8.

Class 7 consists of the Secured Claim of Waterproofing Systems
Corp. dba Kazemi & Assoc. Construction which is Secured by the Tree
Lane Parcel. The Holder of the Allowed Secured Claim of
Waterproofing Systems Corp. dba Kazemi & Assoc. Construction (the
"Class 7 Claim") shall receive, until its Allowed Secured Claim is
paid in full, and in full satisfaction, compromise, settlement and
release of and in exchange for, such Allowed Secured Claim, all
Sale Proceeds after the payment of (i) the DIP Facility Claim, (ii)
the Skylark Secured Claim, (iii) the Stalking Horse Cash Amount and
(iv) all senior Allowed Secured Claims.

The Debtor does not believe that there will be any Sale Proceeds
available to pay the Class 7 Claim because no competing bids have
been received by the Debtor and the Buyer will be Skylark Servicer
pursuant to the Stalking Horse Bid. As a result, the Holder of the
Class 7 Claim will receive no distribution on account of its
Allowed Class 7 Claim. The Holder of the Class 7 Claim shall,
however, have a General Unsecured Claim which shall receive the
treatment set forth in Class 8.  

Like in the prior iteration of the Plan, each Holder of an Allowed
General Unsecured Claim will receive a beneficial interest in the
Liquidating Trust which will allow it to receive its Pro Rata share
of Distributions made to Holders of General Unsecured Claims from
the Liquidating Trust; provided, that Skylark Servicer shall not be
entitled to receive Distributions funded by the Estate
Contribution.

The Debtor anticipates that Holders of Allowed General Unsecured
Claim except the Skylark Servicer will receive a pro rata
distribution of 2% to 16% of such Allowed General Unsecured Claim.
The Distribution to Allowed General Unsecured Claims depends on the
outcome of the Retained Causes of Action. Class 9 Claims are
Impaired under the Plan.

The Debtor estimates the Allowed General Unsecured Claims to total
approximately $22,000,000 (excluding the portion of the Allowed
Skylark Servicer Claim in the amount of $19.9 million remaining
after the Sale). Depending on the success of objections to Claims
the range of total general unsecured claims (excluding the portion
of the Allowed Skylark Servicer Claim in the amount of $19.9
million remaining after the Sale) is anticipated to be $16.8
million to $43.7 million.

After Confirmation, the Debtor shall consummate the sale of the
Tree Lane Parcel to the Buyer (which is expected to be Skylark
Servicer pursuant to the Stalking Horse Bid) in accordance with the
terms of the Definitive Agreements, the Plan, the Confirmation
Order and the Bidding Procedures (the "Sale"). The Sale of the
Purchased Assets shall be on an "as is, where is" basis and shall
be free and clear of all claims, liens (including the Boston Lien)
and interests to the fullest extent permitted by the Bankruptcy
Code, including the liens set forth on Exhibit A to the Plan. The
Purchased Assets shall not include any Excluded Assets.

The Debtor has marketed the Purchased Assets through the Marketing
Date and no Qualified Bids were received. As a result, absent the
consent of Skylark Servicer, no Auction will be conducted in
accordance with the Bid Procedures Order. If a Qualified Bidder
makes a Qualified Bid in the future and Skylark Servicer agrees to
reopen the marketing process, the Debtor shall hold the Auction at
such time as may be agreed to by Skylark Servicer and the Debtor.
The Debtor does not expect that any Qualified Bidder or Qualified
Bid will materialize. Further, there is no guarantee that Skylark
Servicer will agree to reopen the marketing process even if a
Qualified Bid was received from a Qualified Bidder.

A full-text copy of the Disclosure Statement dated March 16, 2026
is available at https://urlcurt.com/u?l=slvoDb from
PacerMonitor.com at no charge.

Counsel to the Debtor:

   Robyn B. Sokol, Esq.
   STINSON LLP
   1901 Avenue of the Stars, Suite 450
   Los Angeles, CA 90067
   Telephone: (310) 730-7020
   Facsimile: (310) 730-7019
   E-mail: robyn.sokol@stinson.com

                        About Tree Lane LLC

Tree Lane LLC, a limited liability company organized and existing
under the laws of the State of California, is in the business of
luxury residential real estate development.

The Debtor sought protection under Chapter 11 of the Bankruptcy
Code (Bankr. D. Cal. Case No. 2:24-bk-13201-BB) on April 25, 2024.

At the time of the filing, Debtor had estimated assets of between
$10,000,001 and $50 million and liabilities of between $10,000,001
and $50 million.

Judge Sheri Bluebond oversees the case.

Stinson LLP is Debtor's legal counsel.


TRI CITY HOTELS: Gets Interim OK to Use Cash Collateral
-------------------------------------------------------
Tri City Hotels, LLC received interim approval from the U.S.
Bankruptcy Court for the Northern District of Georgia, Newnan
Division, to use cash collateral to fund operations.

Under the interim order, the Debtor is authorized to use cash
collateral from March 19 through the final hearing, which is
scheduled for April 15. The interim period may be extended by
further order of the court.

The Debtor asserts that it is a borrower on certain loans with
Commonwealth Business
Bank, the loans of which are backed by the U.S. Small Business
Administration and Jenny Cai. The lender may assert security
interests or liens on some of the Debtor's personal property.  

As protection, the lender and other secured creditors will be
granted valid and properly perfected liens on property acquired by
the Debtor after its Chapter 11 filing that is similar to their
pre-bankruptcy collateral. These liens do not apply to the proceeds
of any Chapter 5 avoidance actions.

The order is available at https://is.gd/4Ky8BV from
PacerMonitor.com.

Tri City Hotels owes substantial secured debt to Commonwealth
Business Bank, totaling nearly $5 million across two loans, both
secured by its assets and real property. Because the lender may
claim an interest in the hotel's revenue as cash collateral, the
Bankruptcy Code requires either the lender's consent or court
approval for its use.

The Debtor owns and operates the La Quinta Inn & Suites in Union
City, Georgia, and had significantly improved revenues after
acquiring the property in 2021. However, a series of setbacks in
2025, most notably a temporary elevator outage that led to
cancellations and negative reviews, caused a sharp drop in revenue.
This financial strain prevented the Debtor from paying franchise
fees to Wyndham, resulting in restrictions on its access to major
online booking platforms, which further reduced income. Although
the Debtor resolved its dispute with Wyndham in early 2026 and
bookings began to recover, it had already fallen behind on debt
obligations, prompting the Chapter 11 filing to reorganize its
finances.

                About Tri City Hotels LLC

Tri City Hotels, LLC owns and operates a La Quinta Inn & Suites in
Union City, Georgia.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. N.D. Ga. Case No. 26-10407) on March 13,
2026. In the petition signed by Nikita Patel, managing member, the
Debtor disclosed up to $10 million in both assets and liabilities.

William Rountree, Esq., at Rountree, Leitman, Klein & Geer, LLC,
represents the Debtor as legal counsel.


TRI-STATE ASPHALT: Commences Chapter 7 Bankruptcy in Arkansas
-------------------------------------------------------------
On March 18, 2026, Tri-State Asphalt, Inc filed for Chapter 7
protection in the U.S. Bankruptcy Court for the Western District of
Arkansas. According to court filings, the Debtor reports between
$1MM and $10MM in debt owed to 1–49 creditors.

                 About Tri-State Asphalt, Inc

Tri-State Asphalt, Inc is a corporation engaged in asphalt and
paving services.

Tri-State Asphalt, Inc sought relief under Chapter 7 of the U.S.
Bankruptcy Code (Bankr. Case No. 26-70488) on March 18, 2026. In
its petition, the Debtor reports estimated assets ranging from
$100,001 to $1,000,000 and estimated liabilities between $1MM and
$10MM.


TRIMONT ENERGY GIB: Gets Extension to Access Cash Collateral
------------------------------------------------------------
Trimont Energy (GIB), LLC received 24th interim approval from the
U.S. Bankruptcy Court for the Eastern District of Louisiana to
continue to use cash collateral.

The court's 24th interim order approved the use of cash collateral
for the period from Oct. 25, 2023, through the date which is five
business days following a declaration to terminate, reduce or
restrict the ability to use cash collateral by the Debtor.

Certain entities may possess oil and gas liens under the Louisiana
Oil Well Lien Act (LOWLA) on oil and gas assets owned by the
Debtor.

As protection against any diminution in value of their interests in
the pre-bankruptcy collateral, the LOWLA lienholders will be
granted valid and perfected security interests in, and liens on,
the Debtor's assets. These liens do not apply to any Chapter 5
causes of action and the proceeds, thereof.  

To the extent the liens granted prove to be inadequate, the LOWLA
lienholders will receive superpriority administrative expense
claims, subject to a fee carveout.

The termination events under the 24th interim order include the
filing by the Debtor of documents pertaining to a
debtor-in-possession financing that adversely effects the LOWLA
lienholders' liens; a default by the Debtor in reporting financial
information; dismissal or conversion of the Debtor's Chapter 11
case; the appointment of a Chapter 11 trustee or examiner with
enlarged powers;  or other responsible person; and the failure by
the Debtor to perform its obligations under the 21st interim
order.

The next hearing is set for April 9.

The 24th interim order is available at https://shorturl.at/Gihdg
from PacerMonitor.com.

                     About Trimont Energy (GIB)

Trimont Energy (GIB), LLC is a Houston-based company, which
operates in the oil and gas extraction industry.

The Debtor filed a petition under Chapter 11, Subchapter V of the
Bankruptcy Code (Bankr. E.D. La. Case No. 23-11869) on Oct. 25,
2023, with $1 million to $10 million in both assets and
liabilities. Christopher O. Ryals, chief restructuring officer,
signed the petition.

Judge Meredith S. Grabill oversees the case.

Douglas S. Draper, Esq., at Heller, Draper & Horn, LLC represents
the Debtor as legal counsel.


TRIMONT ENERGY LIMITED: Gets Extension to Access Cash Collateral
----------------------------------------------------------------
Trimont Energy Limited, Inc. received 24th interim approval from
the U.S. Bankruptcy Court for the Eastern District of Louisiana to
use cash collateral.

The court's 24th interim order approved the use of cash collateral
for the period from Oct. 25, 2023, through the date which is five
business days following a declaration to terminate, reduce or
restrict the ability to use cash collateral by the Debtor.

Certain entities may possess oil and gas liens under the Louisiana
Oil Well Lien Act (LOWLA) on oil and gas assets owned by the
Debtor.

As adequate protection against any diminution in value of their
interests in the pre-bankruptcy collateral, the LOWLA lienholders
will be granted valid and perfected security interests in, and
liens on, the Debtor's assets. These liens do not apply to any
Chapter 5 causes of action and the proceeds, thereof.  

To the extent the liens granted prove to be inadequate, the LOWLA
lienholders will receive superpriority administrative expense
claims, subject to a carveout.

The termination events under the 24th interim order include the
filing by the Debtor of documents pertaining to a
debtor-in-possession financing that adversely effects the LOWLA
lienholders' liens; a default by the Debtor in reporting financial
information; dismissal or conversion of the Debtor's Chapter 11
case; the appointment of a Chapter 11 trustee or examiner with
enlarged powers; or other responsible person; and the failure by
the Debtor to perform its obligations under the 21st interim
order.

The next hearing is set for April 9.

The 24th interim order is available at https://shorturl.at/R537a
from PacerMonitor.com.

                 About Trimont Energy Limited Inc.

Trimont Energy Limited, Inc., a company in Houston, Texas, filed
its voluntary petition for Chapter 11 protection (Bankr. E.D. La.
Case No. 23-11872) on October 25, 2023, listing between $1 million
and $50 million in both assets and liabilities. Christopher O.
Ryals, chief restructuring officer, signed the petition.

Judge Meredith S. Grabill oversees the case.

The Debtor is represented by:

   Douglas S. Draper, Esq.
   Heller, Draper & Horn L.L.C.
   Tel: 504-299-3300
   Email: ddraper@hellerdraper.com


TRIMONT ENERGY NOW: Gets Extension to Access Cash Collateral
------------------------------------------------------------
Trimont Energy (NOW), LLC received another extension from the U.S.
Bankruptcy Court for the Eastern District of Louisiana to use cash
collateral.

The court's 24th interim order approved the use of cash collateral
for the period from Oct. 25, 2023, through the date which is five
business days following a declaration to terminate, reduce or
restrict the ability to use cash collateral by the Debtor.

Certain entities may possess oil and gas liens under the Louisiana
Oil Well Lien Act (LOWLA) on oil and gas assets owned by the
Debtor.

As protection against any diminution in value of their interests in
the pre-bankruptcy collateral, the LOWLA lienholders will be
granted valid and perfected security interests in, and liens on,
the Debtor's assets. These liens do not apply to any Chapter 5
causes of action and the proceeds, thereof.  

To the extent the liens granted prove to be inadequate, the LOWLA
lienholders will receive allowed superpriority administrative
expense claims, subject to a fee carveout.

The termination events under the 24th interim order include the
filing by the Debtor of documents pertaining to a
debtor-in-possession financing that adversely effects the LOWLA
lienholders' liens; a default by the Debtor in reporting financial
information; dismissal or conversion of the Debtor's Chapter 11
case; the appointment of a Chapter 11 trustee or examiner with
enlarged powers; or other responsible person; and the failure by
the Debtor to perform its obligations under the 21th interim
order.

The next hearing is set for April 9.

The 24th interim order is available at https://tinyurl.com/wh5mxaz2
from PacerMonitor.com.

                     About Trimont Energy (Now)

Trimont Energy (NOW) LLC, a company in Houston, Texas, filed its
voluntary petition for Chapter 11 protection (Bankr. E.D. La. Case
No. 23-11868) on October 25, 2023, listing $1 million to $10
million in both assets and liabilities. Christopher O. Ryals, chief
restructuring officer, signed the petition.

Judge Meredith S. Grabill oversees the case.

The Debtor tapped Heller, Draper, & Horn, LLC as legal counsel;
Chaffe & Associates, Inc. as financial advisor; and Christopher O.
Ryals of RCO Capital, LLC as chief operating officer.


TV AZTECA: B.N.Y. Mellon Can File Summary Judgment Motion
---------------------------------------------------------
Magistrate Judge Barbara Moses of the U.S. District Court for the
Southern District of New York granted The Bank of New York Mellon,
in its capacity as indenture trustee for TV Azteca, S.A.B. de C.V.
8.25% Senior Notes Due 2024, leave to file a summary judgment
motion in the case captioned as THE BANK OF NEW YORK MELLON,
Plaintiff, -against- TV AZTECA, S.A.B. DE C.V., et al., Defendants,
TV AZTECA, S.A.B. DE C.V., et al., Third-Party Plaintiffs,
-against- CYRUS CAPITAL PARTNERS, L.P. and CONTRARIAN CAPITAL MGMT,
LLC, Third-Party Defendants, Case No. 22-cv-08164-PGG-BCM
(S.D.N.Y.). The Trustee's request to stay discovery pending the
outcome of that motion is granted.

In this action, the Trustee alleges that defendant TV Azteca,
S.A.B. de C.V. and 34 TV Azteca subsidiary guarantors as Guarantor
Defendants are in default on TV Azteca's 8.25% Senior Notes Due
2024, in the aggregate face amount of $400 million. TV Azteca made
semi-annual interest payments on the Notes until February 9, 2021,
when it publicly announced  that it would "defer" the payment due
that day. It has made no payments since then.

On August 5, 2022, the Trustee issued a notice of acceleration to
TV Azteca, declaring that the entire unpaid principal amount of the
debt, together with accrued and unpaid interest, was due and
payable immediately as provided in the August 9, 2017 indenture
governing the Notes. On August 26, 2022, the Trustee commenced suit
against TV Azteca and the Guarantor Defendants in New York Supreme
Court, New York County, by filing a motion for summary judgment in
lieu of complaint, as permitted by N.Y.C.P.L.R. (CPLR) Sec. 3213.
On September 23, 2022, defendants removed the case to this Court,
invoking its diversity jurisdiction.

On September 30, 2022, defendants moved in this Court to compel the
Trustee to file a complaint. They argued that since the case had
been removed to federal court, the CPLR no longer applies, and the
[Trustee's summary judgment] motion must be denied so that the
action can proceed in accordance with the Federal Rules of Civil
Procedure. The Trustee  disagreed, arguing that the removal simply
transformed its CPLR 3213 motion into a motion for summary judgment
under Rule 56 of the Federal Rules of Civil Procedure. In the
Trustee's view, since all of the relevant facts regarding
defendants' nonpayment and resulting liability were undisputed,
defendants were simply attempting to delay the inevitable judgment
in favor of the Trustee.

On June 14, 2024, the Trustee moved for an order enjoining TV
Azteca from continuing to prosecute, or initiating any claims in,
any action in Mexico in connection with the Indenture.

On July 11, 2025, the Trustee filed its single-count Complaint,
asserting that all defendants are in breach of contract because
neither TV Azteca nor the Guarantor Defendants have made any
payments -- of interest or principal -- since 2020, and
consequently now owe the entire principal amount of the Global
Note, the missed interest payments, and accrued and unpaid interest
on the missed principal and interest payments. That same day, the
Trustee requested that its claims in this "straightforward"
breach-of-contract action be adjudicated on their merits at the
earliest possible opportunity.

On September 22, 2025, the Hon. District Judge Paul G. Gardephe
issued the anti-suit injunction sought by the Trustee, prohibiting
TV Azteca and its affiliates from continuing to prosecute or
initiating any claims related to the Indenture in Mexico.
Additionally, he denied defendants' motion to compel the Trustee to
file a complaint as moot.

On December 1, 2025, the Trustee filed a pre-motion letter
requesting leave to file an early summary judgment motion as to the
Guarantor Defendants, arguing that since they waived all possible
defenses to liability, including the defenses that TV Azteca has
claimed require discovery, the Court could, at a minimum, address
summary judgment as to the Guarantor Defendants regardless of any
discovery allowed for TV Azteca itself. On December 7, 2025, the
Guarantor Defendants opposed the request, arguing that all of TV
Azteca's  affirmative defenses remain in play for them (because the
Guarantors' liability cannot exceed the amount the primary obligor
owes, which is in dispute given issues regarding U.S. Noteholders
and usurious returns, and because public policy and statutory
defenses -- such as the prohibition on usurious recovery under
Mexican law and Mexican public policy -- cannot be waived), and
therefore that it would be premature to permit the Trustee to file
a summary judgment motion prior to the completion of full fact and
expert discovery.  On December 15, 2025, the Trustee replied,
arguing, among other things, that the Guarantor Defendants
"unconditionally waived all defenses, including defenses of
invalidity, illegality or unenforceability, and that they are
independently liable for the outstanding balance on the Global
Note, "regardless of whatever defenses TV Azteca may raise.

On November 24, 2025, defendants filed three motions for the
issuance of letters rogatory to obtain discovery from foreign
sources regarding the identities of the holders and beneficial
owners of the Notes, transfers of those interests, and related
matters. Defendants explained that this discovery is relevant to
several of their affirmative defenses, including their contentions
that the Trustee cannot recover on behalf of holders or beneficial
owners who are U.S. persons; that the Trustee failed to maintain a
register of the holders and beneficial owners of the Notes; and
that holders and beneficial owners who purchased at a discount may
be barred from recovery by Mexican usury laws.

On December 17, 2025, defendants filed a Third-Party Complaint
against Cyrus Capital Partners, L.P. and Contrarian Capital
Management, LLC, the majority Holders of the Notes, asserting a
single claim for negligence. Defendants accuse Cyrus and Contrarian
of pressuring the Mexican government, through a lobbying campaign,
into imposing massive tax liabilities and penalties against TV
Azteca and its affiliates. On December 30, 2025, the Trustee served
a motion to strike the Third-Party Complaint pursuant to Fed. R.
Civ. P. 14(a)(4), and asked the undersigned magistrate judge to
stay discovery relating to the Third-Party Complaint pending the
outcome of the motion to strike.

On February 24, 2026, the Trustee filed a second pre-motion letter,
addressed to the district judge, requesting leave to file an early
summary judgment motion, this time as to TV Azteca, arguing that
the elements of the Trustee's claim are undisputed, and binding New
York law forecloses each of TV Azteca's defenses regardless of any
discovery the parties may take.

On February 27, 2026, defendants opposed both requests, writing to
the district judge that disputes about discovery are no reason for
premature summary judgment practice as a means to sidestep
appropriate, indeed, essential discovery.

According to Judge Moses, "The elements of the Trustee's prima
facie case, including defendants' failure to make any payments on
the Notes since 2020, are not in serious dispute. The question
presented by the Trustee's requests for leave to seek summary
judgment at this time is whether defendants' affirmative defenses
can -- as the Trustee argues -- be efficiently resolved on summary
judgment without awaiting the completion of full fact and expert
discovery. After carefully considering the parties' positions, I
conclude that at least some of those affirmative defenses can, in
all likelihood, be resolved without further discovery, and that, as
a matter of efficiency, the Trustee should be given an opportunity
to seek that result and thereby streamline this case."

The Trustee may seek summary judgment as to some or all of the
issues outlined in its pre-motion letters.

A copy of the Court's Order dated March 17, 2026, is available at
http://urlcurt.com/u?l=wGC52Dfrom PacerMonitor.com.

                      About TV Azteca

TV Azteca is one of the two largest producers of Spanish-language
television programming in the world, operating four television
networks in Mexico: Azteca uno, Azteca 7, adn40 and a mas+ (a+),
through more than 300 owned and operated stations across the
country. The company also owns TV Azteca Digital, operator of
several of the most visited digital platforms and social networks
in Mexico.

TV Azteca is a Grupo Salinas company (www.gruposalinas.com), a
group of dynamic, fast growing, and technologically advanced
companies focused on creating economic value through market
innovation and goods and services that improve standards of living;
social value to improve community wellbeing; and environmental
value by reducing the negative impact of its business activities.
Created by Mexican entrepreneur Ricardo B. Salinas
(www.ricardosalinas.com), Grupo Salinas operates as a management
development and decision forum for the top leaders of member
companies. These companies include TV Azteca (www.TVazteca.com;
www.irtvazteca.com), Grupo Elektra (www.grupoelektra.com.mx), Banco
Azteca (www.bancoazteca.com.mx), Purpose Financial
(havepurpose.com), Afore Azteca (www.aforeazteca.com.mx), Seguros
Azteca (www.segurosazteca.com.mx), Punto Casa de Bolsa
(www.puntocasadebolsa.mx), Totalplay (irtotalplay.mx;
www.totalplay.com.mx) and Totalplay Empresarial
(totalplayempresarial.com.mx). TV Azteca and Grupo Elektra trade
shares on the Mexican Stock Market and in Spains' Latibex market.
Each of the Grupo Salinas companies operates independently, with
its own management, board of directors and shareholders. Grupo
Salinas has no equity holdings. The group of companies shares a
common vision, values, and strategies for achieving rapid growth,
superior results and world-class performance.

                     Involuntary Chapter 11

On March 20, 2023, Plenisfer Investments SICAV - Destination Value
Total Return, Cyrus Opportunities Master Fund II, Ltd., and
Sandpiper Limited (collectively, the "Petitioning Creditors") filed
involuntary Chapter 11 petitions against TV Azteca, S.A.B. de C.V.
and 34 TV Azteca subsidiaries in the United States Bankruptcy Court
for the Southern District of New York. Nos. 23-10385 to 23-10419
(Bankr. S.D.N.Y. Mar. 20, 2023).

On Nov. 20, 2023, the U.S. Bankruptcy Court for the Southern
District of New York granted the Alleged Debtors' motion to dismiss
the involuntary Chapter 11 cases, finding that the Petitioning
Creditors' claims are subject to a bona fide dispute.

The Petitioning Creditors hired AKIN GUMP STRAUSS HAUER FELD as
counsel in the U.S. cases.  The Alleged Debtors hired PAUL WEISS
RIFKIND WHARTON GARRISON LLP served as their attorneys.


UNLIMITED DELIVERIES: Hires Berel CPA PLLC as Accountant
--------------------------------------------------------
Unlimited Deliveries, LLC seeks approval from the U.S. Bankruptcy
Court for the Southern District of Mississippi to employ Berel CPA,
PLLC as accountant.

The firm will provide these services:

   a. assume primary responsibility for the filing of necessary tax
returns;

   b. prepare financial statements in accordance with the tax basis
of accounting and apply accounting and financial reporting
expertise to assist the Debtor in the presentation of financial
statements; and

   c. provide other general accountant services as the Debtor may
require from time to time.

The firm will be paid at these rates:

     Susan Berel        $160 per hour
     Rachel Bennett     $85 per hour

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

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

The firm can be reached at:

     Susan Berel
     Berel CPA, PLLC
     1308 Bienville Blvd.
     Ocean Springs, MS 39564
     Tel: (228) 284-1491
     Fax: (228) 206-5490

              About Unlimited Deliveries, LLC

Unlimited Deliveries, LLC, doing business as MK-Trucking, is a Pass
Christian, Mississippi-based freight trucking company providing
specialized interstate transportation services across the United
States.

Unlimited Deliveries, LLC sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. S.D. Miss., Case No. 26-50139) on
January 28, 2026. In its petition, the Debtor reported between $10
million and $50 million in assets and liabilities.

Honorable Bankruptcy Katharine M. Samson handles the case.

Craig M. Geno, Esq., at Law Offices of Geno and Steiskal, PLLC,
represents the Debtor as legal counsel.



US ANCHORS: TPG Twin Brook Virtually Writes Off $4.3M 1L Loan
-------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $4,338,000 loan
extended to US Anchors Group Inc to market at $393,000 or 9% of the
outstanding amount, according to TPG Twin Brook's 10-K for the
fiscal year ended Dec. 31, 2025, filed with the U.S. Securities and
Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to US Anchors Group Inc. The
1L Loan accrues interest at a rate of S + 5.00 % 8.73 % per annum.
The 1L Loan matures on July 16, 2029.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About US Anchors Group Inc.

US Anchors Group Inc. is an industrial borrower likely involved in
manufacturing or distributing anchoring or fastening products,
supported by a first lien senior secured revolving loan.


VANGUARD PACKAGING: TPG Twin Brook Marks $4.4MM 1L Loan at 67% Off
------------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $4,408,000 loan
extended to Vanguard Packaging, LLC to market at $1,458,000 or 33%
of the outstanding amount, according to TPG Twin Brook's 10-K for
the fiscal year ended Dec. 31, 2025, filed with the U.S. Securities
and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to Vanguard Packaging, LLC.
The 1L Loan accrues interest at a rate of S + 5.25 %, 9.85 % per
annum. The 1L Loan matures on Aug. 9, 2026.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

           About Vanguard Packaging, LLC

Vanguard Packaging, LLC manufactures packaging products. The
Company offers displays, packaging, digital printing, corrugated
boxes, and retail merchandising solutions. Vanguard Packaging
serves customers in the States of Missouri and Arkansas.



VARSOBIA HOME CARE: Starts Chapter 7 Bankruptcy in California
-------------------------------------------------------------
On March 19, 2026, Varsobia Home Care Services LLC commenced a
voluntary Chapter 7 case in the U.S. Bankruptcy Court for the
Central District of California. According to court filings, the
Debtor reports between $100,001 and $1,000,000 in debt owed to
1–49 creditors.

               About Varsobia Home Care Services LLC

Varsobia Home Care Services LLC operates as a limited liability
company.

Varsobia Home Care Services LLC sought protection under Chapter 7
of the U.S. Bankruptcy Code (Bankr. Case No. 26-10577) on March 19,
2026. The filing reflects estimated assets and liabilities each
ranging from $100,001 to $1,000,000.

Honorable Bankruptcy Judge Victoria S. Kaufman presides over the
case.

The Debtor is represented by Marc Applbaum, Esq. of Midway Law Firm
APC.


VERIFONE SYSTEMS: Fitch Affirms 'B-' LongTerm IDR, Outlook Stable
-----------------------------------------------------------------
Fitch Ratings has affirmed Verifone Systems, Inc.'s (Verifone)
Long-Term Issuer Default Rating (IDR) at 'B-'. Fitch has also
affirmed issue rating of 'B' with a Recovery Rating of 'RR3' on
Verifone's first lien senior secured term loan and revolving credit
facility and issue level rating of 'BB-'/'RR1' on the Receivables
Securitization facility. The Rating Outlook is Stable.

The IDR reflects Verifone's high leverage position and negative
cash flow generation. It also considers that roughly half of its
revenue comes from transaction-based hardware sales, which
historically exhibited some volatility with customer order cycles
and supply chain issues. The company's revenue growth has
stabilized in FY25, with improved EBITDA margin expansion
supporting operational improvement. The rating also acknowledges
Verifone's established brand presence within the payments
technology space and industry growth that should provide a tailwind
to revenue over time.

Key Rating Drivers

Operational Improvements Support Credit Profile: Verifone has
demonstrated operational improvements in FY25, with revenue growing
by 7% and EBITDA margin expanding to 27%. The EBITDA margin
expansion was driven by cost saving initiatives, favorable
geographic mix and product mix optimization. Fitch expects this
momentum to continue, with EBITDA margin projected to gradually
expand, subject to risks such as memory cost increases and
slower-than-expected realization of JDM savings.

Cash Flow Pressures: Fitch expects Verifone's free cash flow (FCF)
to remain negative in FY26, before turning positive in FY27 and
beyond. The FCF is pressured due to a combination of elevated
interest expenses, ongoing investments in the business and certain
one-time costs. The business investments related to restructuring
initiatives will help drive future cost savings but are incurred
upfront and have an impact on FCFs. Fitch expects EBITDA margins to
gradually expand as the efficiencies are realized and contribute to
positive FCF generation. Per Fitch, (CFO-capex)/debt will be around
-1.2% in FY26 and gradually improve thereafter.

Well-Established Market Position: Verifone is a well-known brand in
the point-of-sale (POS) terminals market. The company has a wide
array of payment device offerings including countertop and portable
POS terminals, PIN pads, and mobile card readers. In conjunction
with the hardware offerings, the company has also been expanding
into additional services such as payment gateways, security
solutions and other services that cater to the evolving needs of
merchants and consumers in the digital payments landscape.
Verifone's market position benefits from its long history in the
industry and global reach.

Moderate Growth Prospects: Fitch projects Verifone's revenue to
grow in the mid-to-high-single-digits range. The transactional
nature of a large portion of the business could cause the reported
financials to be higher or lower than the forecast amounts in given
periods. Fitch believes the company will benefit from underlying
secular drivers including increased card usage over cash, the rise
of contactless payments, advanced POS systems to tackle cyber
security issues and technology integration. However, there is an
associated risk of market share loss particularly in the POS
hardware sales segment, as alternate payment technologies emerge.

Elevated Leverage Profile: EBITDA leverage has been declining from
8.6x in FY24 to 6.1x in FY25 and Fitch estimates will decline
further to 6.0x in FY26. However, this remains high relative to
industry peers. The deleveraging mainly comes from EBITDA
expansion, offset by revolver draws. EBITDA interest coverage has
been relatively weak for the IDR in the low- to high-1.0x range in
2024-2025, but Fitch projects this could improve to 2.0x or higher
in the next few years as EBITDA improves.

Hardware Mix Limits IDR: Nearly half of the company's revenue is
from systems (hardware) sales, which creates more volatility in the
business model and cash flows although the company is working to
mitigate this via a shift to a JDM model. Services revenue, which
comprised 57% of FY25 revenue, is either contractually recurring or
re-occurring in nature. The recurring mix is materially lower than
other companies Fitch rates in the payments space. However, Fitch
also assesses Verifone in the broader context of technology
companies that sell hardware, software and services.

Competitive End Markets: Verifone has traditionally benefitted from
its widespread presence in several markets, but competition is
intense and fragmented in several areas. The company caters to a
diverse range of sectors including retail, hospitality, financial
services, the petroleum and convenience sector, and travel and
transportation. However, it faces a range of competition from
fintech providers, technology-focused disruptors and others that
could limit growth over time. Companies such as Clover and Block
have emerged over time which are known for their innovative product
designs and integrated solutions.

Peer Analysis

Fitch's ratings for Verifone reflect its high leverage position and
negative cash flow generation. Fitch assesses the rating relative
to other payment and technology companies that provide a range of
similar software, hardware and service offerings. The company is
less favorably positioned versus other FinTech providers such as
merchant acquirers and payment processors which tend to have a
large portion of recurring revenue streams.

Compared to NCR Voyix Corp. (BB/Stable), Verifone operates at a
much smaller scale. NCR has a solid position in the retail segment
where it is a market leader in self-checkout hardware and software.
NCR Atleos, LLC (BB-/Rating Watch Positive), a market leader in the
ATM manufacturing industry, operates at a scale which is larger
than Verifone's. Verifone operates at a higher leverage compared to
both NCR Voyix Corp. and NCR Atleos, LLC. The EBITDA margins for
Verifone are on par with NCR Voyix and NCR Atleos. Compared to
Shift4 Payments, Inc. (BB/Stable), Verifone operates at a smaller
scale and similar margin profile. Shift4 operates at a lower
leverage and has higher EBITDA Interest Coverage and
(CFO-Capex)/Debt versus Verifone. The credit metrics for Verifone
are similar to other 'B-' rated companies.

Fitch’s Key Rating-Case Assumptions

- Revenue is projected to grow in the mid-to-high-single-digit
range;

- EBITDA margins are expected to be in the mid-20s in FY26 and
expand to the high 20s thereafter. FY26 EBITDA margin incorporates
the potential impact of memory cost increases;

- Capex intensity is projected to be about 6% of revenue;

- Cash taxes paid are projected to be a nominal cash use;

- Change in working capital is projected to be almost neutral to CF
in FY26-FY28;

- Base case assumes A/R securitization facility's maturity gets
extended beyond FY27;

- Interest rates are forecast to remain around 3.7% in FY26 and
gradually decline to 3.5% thereafter.

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 (bb+, Moderate), Sector Characteristics
(bb, Moderate), Market and Competitive Positioning (bb-, Moderate),
Diversification and Asset Quality (bbb-, Lower), Company
Operational Characteristics (bb+, Moderate), Profitability (b,
Moderate), Financial Structure (ccc+, Higher), and Financial
Flexibility (b-, Higher).

- The quantitative financial subfactors are based on custom CRT
financial period parameters: 20% weight for the forecast year 2025,
40% for the forecast year 2026 and 40% for the forecast year 2027.

- 'B+' to 'CC' considerations apply in its analysis and result in
no adjustment.

- The Governance assessment of 'Good' results in no adjustment.

- The Operating Environment assessment of 'a+' results in no
adjustment.

- The SCP is 'b-'.

Recovery Analysis

For entities rated 'B+' and below — where default is closer and
recovery prospects are more meaningful to investors — Fitch
undertakes a tailored, or bespoke, analysis of recovery upon
default for each issuance. The resulting debt instrument rating
includes a Recovery Rating or published 'RR' (graded from RR1 to
RR6) and is notched from the IDR accordingly. In this analysis,
there are three steps: (i) estimating the distressed enterprise
value (EV), (ii) estimating creditor claims, and (iii) distribution
of value.

Fitch assumed Verifone would emerge from a default scenario under
the going concern (GC) approach versus liquidation. Key assumptions
used in its recovery analysis are as follows:

- The recovery analysis assumes that Verifone would be reorganized
as a GC in bankruptcy rather than liquidated;

- Fitch has assumed a 10% administrative claim.

GC Approach

- In the event of distress, Fitch assumes Verifone will suffer
elevated customer churn due to competitive pressures causing its
revenue to drop by 19% compared to the FY25 levels. EBITDA margin
for this scenario is forecast to be 23% as the company will be able
to cut down on some costs (e.g., headcount reduction). This
translates into a GC EBITDA of $235 million;

- Fitch assumes a 6.0x multiple which is lower compared to recovery
assumption used for other payments companies in Fitch's coverage,
which use a 7.0x multiple. The lower multiple reflects the risk
related to the large portion of transactional revenue for
Verifone;

- Peers in the payment and technology space including NCR Voyix
Corp., NCR Atleos Corp., Block, Inc., Fidelity National Information
Services, Inc., Fiserv, Inc., Global Payments, Inc. and others have
traded in the high-single-digit to 20x+ EV/EBITDA multiple range in
recent years, excluding high growth companies such as Visa,
Mastercard, Adyen and others that have traded much higher;

- Fitch assumes a fully drawn revolver in its recovery analysis
since credit revolvers are tapped as companies are under distress.
The recovery analysis assumes a fully drawn $200 million revolver.
The A/R securitization facility is also assumed to be fully drawn;

- Applying the Fitch-estimated enterprise value of the business to
the securities and using standard notching criteria, Fitch arrives
at rating of 'B'/'RR3' on the first lien debt and 'BB-'/'RR1' on
the A/R securitization facility.

RATING SENSITIVITIES

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

- EBITDA interest coverage sustained below 1.5x;

- (CFO-capex)/debt sustained below 0%;

- A worsening liquidity profile;

- Material changes to competitive dynamics or the inability to
realize the benefits of ongoing strategic initiatives, leading to
sustained declines in revenue, pricing or margin structure;

- EBITDA leverage expected to be sustained above 6.5x.

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

- Higher-than-expected revenue growth, implying a stable market
position and the continued recovery of systems revenue;

- EBITDA leverage expected to be sustained below 5.5x;

- (CFO-capex)/debt sustained above 2.5%.

Liquidity and Debt Structure

Verifone increased its revolver capacity in September 2025 to $200
million (from $125 million) and has $62 million available to be
drawn as of Jan. 31, 2026. Fitch forecasts positive FCF in FY27 and
beyond, further supporting the company's liquidity position.

The company's capital structure comprises of a $200 million first
lien revolver, a $1.9 billion first lien term loan, and a $90
million A/R securitization facility. The revolver and term loan
mature in May 2028 and August 2028, respectively. The A/R
securitization facility matures in September 2027.

Issuer Profile

Verifone provides technology for electronic payment transactions
and value-added services at the point of sale. The company designs,
manufactures, and supplies payment and commerce solutions that
enable secure electronic payment transactions and value-added
services for consumers, merchants, and financial institutions.

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 high risk
for VeriFone Systems, 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
   -----------                   ------           --------   -----
Verifone Receivables SPE LLC

   senior secured          LT     BB- Affirmed     RR1       BB-

VeriFone Systems, Inc.    

                           LT IDR B-  Affirmed               B-
   senior secured          LT     B   Affirmed     RR3       B


VIA MIZNER: Seeks to Extend Plan Exclusivity to June 22
-------------------------------------------------------
Via Mizner Owner II, LLC, asked the U.S. Bankruptcy Court for the
Southern District of Florida to extend its exclusivity periods to
file a plan of reorganization to June 22, 2026.

TIG Romspen US Master Mortgage LP is the Debtor's senior secured
lender and has filed a proof of claim asserting a claim for roughly
$198 million. The Debtor has assumed a Restructuring Support
Agreement between the Debtor and Romspen which provides for a
cooperative process for this case. Pursuant to the Restructuring
Support Agreement, the Debtor has an exclusive period to seek
refinancing before the Debtor begins a concurrent sale process.

Since filing its chapter 11 petition, the Debtor has engaged in an
extensive search for refinancing or other restructuring, and the
Debtor has begun to run a concurrent sale process. Accordingly, the
Debtors have secured the employment of a broker for refinancing
and/or a sale and the Court's initial approval of bid procedures.

The Debtor explains that with the cooperation of Romspen, the
company is diligently pursuing financing to restructure its debts
and, if unsuccessful in finding financing, a sale of the Real
Property for the benefit of the estate.

The Debtor claims that the Restructuring Support Agreement provides
for an agreed, efficient process for this case. Accordingly, cause
exists to extend the period under Section 362(d)(3) of the
Bankruptcy Code by approximately 90 days.

Via Mizner Owner II, LLC is represented by:

     Bradley S. Shraiberg, Esq.
     Samuel W. Hess, Esq.
     SHRAIBERG PAGE, P.A.
     2385 NW Executive Center Drive, Suite 300
     Boca Raton, Florida 33431
     Telephone: 561-443-0800
     Facsimile: 561-998-0047
     Email: bss@slp.law
     Email: shess@slp.law

                  About Via Mizner Owner II LLC

Via Mizner Owner II, LLC is a real estate development company
overseeing a luxury mixed-use project in Boca Raton, Florida. The
company serves as the owner and developer of the proposed Mandarin
Oriental Boca Raton hotel and adjoining residential development.

Via Mizner Owner II sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-25197) on December
23, 2025. In its petition, the Debtor reported between $100 million
and $500 million in assets and liabilities.

Honorable Bankruptcy Judge Mindy A. Mora handles the case.

The Debtor is represented by Samuel W. Hess, Esq.


W. JACKSON TRUCKING: Sec. 341(a) Meeting of Creditors on April 30
-----------------------------------------------------------------
On March 13, 2026, W. Jackson Trucking LLC filed for Chapter 11
protection in the U.S. Bankruptcy Court for the Eastern District of
Arkansas. According to the court filing, 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 30,
2026 at 09:30 AM at Ch. 11 Tele-Meeting of Creditors.

               About W. Jackson Trucking LLC

W. Jackson Trucking LLC sought relief under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. E.D. Ark. Case No. 26-10959) on March 13,
2026. In its petition, the debtor reports estimated assets between
$0 and $100,000 and estimated liabilities between $1 million and
$10 million.

Honorable Bankruptcy Judge Phyllis M. Jones handles the case.

The debtor is represented by Michael E. Crawley, Jr., Esq., of
Crawley Law Firm.


WEBSTER ETC: Hires Genevieve Graham as Bankruptcy Counsel
---------------------------------------------------------
Webster ETC, LLC seeks approval from the U.S. Bankruptcy Court for
the Southern District of Texas to employ Genevieve Graham Law, PLLC
dba Graham PLLC as bankruptcy counsel.

The firm's services include:

   (a) analysis of the financial situation and rendering advice and
assistance to the Debtor in determining the appropriate filing
under the Bankruptcy Code;

   (b) rendering bankruptcy related legal advice to the Debtor
regarding its operation and management;

   (c) assisting the Debtor to prepare and file its petition,
schedules, statement of financial affairs, and related initial
pleadings;

   (d) representing the Debtor at the Initial Debtor's Interview
and at the Meeting of Creditors;

   (e) representing the Debtor in matters in the bankruptcy court
concerning administrative matters or matters involving the Debtor's
assets and liabilities and financial affairs;

   (f) representing the Debtor with respect to any adversary
proceeding related to any prepetition transfers of the Debtor,
recovering preferences, turnover actions, liens against property of
the estate, or property of the estate;

   (g) representing the Debtor with respect to negotiations for any
post-petition administrative financing and seeking approval of the
same;

   (h) representing the Debtor as to the use of cash collateral and
preparing and filing any pleading necessary to obtain court
approval for use of cash collateral;

   (i) representing the Debtor as to assumption or rejection of
unexpired leases or executory contracts and preparing and filing
any pleadings necessary to assume or reject any such leases or
contracts;

   (j) representing the Debtor by preparing a disclosure statement
and plan and assisting the Debtor in obtaining confirmation of such
plan;

   (k) representing the Debtor with respect to objections to proofs
of claim and allowance or disallowance of claims against the
Debtor;

   (l) representing the Debtor with respect to post-petition
consummation of the plan and other post-petition matters necessary
to implement a plan; and

   (m) representing the Debtor in any other core and related
matters but not to provide tax or securities law advice.

The firm will be paid at these rates:

     Genevieve M. Graham       $500 per hour
     Associates                $400 to $495 per hour
     Consultant                $395 per hour
     Paraprofessionals         $100 per hour

Prior to filing, the Debtor paid $7,450 in attorney's fees and
$1,738 in expenses for the chapter 11 filing fee. The Firm still
holds $7,812 of remaining retainer funds in the Firm's IOLTA client
account.

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

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

The firm can be reached at:

     Genevieve M. Graham, Esq.
     Genevieve Graham Law, PLLC dba Graham PLLC
     4203 Montrose Blvd., Suite 550
     Houston, TX 77006
     Telephone: (832) 367-5705
     E-mail: ggraham@graham-pllc.com

              About Webster ETC, LLC

Webster ETC owns and operates a Tex-Mex restaurant under a
franchise agreement with El Tiempo in Webster, Texas. It has
operated this El Tiempo restaurant franchise in Webster, Texas
since 2017.  

Webster ETC sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Texas Case No. 26-90333) on February
9, 2026, with between $1 million and $10 million in both assets and
liabilities.

Judge Christopher M Lopez oversees the case.

The Debtor is represented by:

   Genevieve Marie Graham
   Genevieve Graham Law, Pllc dba Graham PLLC
   Telephone: (832) 367-5705
   ggraham@graham-pllc.com


WEBSTER ETC: Hires MBR Advisors LLC as Financial Advisor
--------------------------------------------------------
Webster ETC, LLC seeks approval from the U.S. Bankruptcy Court for
the Southern District of Texas to employ MBR Advisors, LLC as
financial advisor.

The firm's services include:

   a. Preparation of bankruptcy Petition, Schedules and Statements
of Financial Affairs;

   b. IDI preparation and compliance coordination when needed;

   c. Claims analysis, reconciliation, and administration;

   d. Financial reporting and projection support, and MORs review
and/or preparation;

   e. Plan solicitation noticing and ballot tabulation; and

   f. Post-confirmation tasks through case close.

The firm will be paid at the rate of $395 per hour.

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

Prior to the Petition Date, the Debtor paid MBR Advisors $6,754.50
for time billed and services provided prior to filing. MBR Advisors
did receive and is holding a retainer post-petition in the amount
of $1,245.50.

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

The firm can be reached at:

     Kathy Mayle
     MBR Advisors, LLC
     503 FM 359 Suite 130 #112
     Richmond, TX 77406
     Telephone: (832) 279-2711

              About Webster ETC, LLC

Webster ETC owns and operates a Tex-Mex restaurant under a
franchise agreement with El Tiempo in Webster, Texas. It has
operated this El Tiempo restaurant franchise in Webster, Texas
since 2017.  

Webster ETC sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Texas Case No. 26-90333) on February
9, 2026, with between $1 million and $10 million in both assets and
liabilities.

Judge Christopher M Lopez oversees the case.

The Debtor is represented by:

   Genevieve Marie Graham
   Genevieve Graham Law, Pllc dba Graham PLLC
   Telephone: (832) 367-5705
   E-mail: ggraham@graham-pllc.com



WEBSTER ETC: Hires Mr. Shulse of Chart Capital as CRO
-----------------------------------------------------
Webster ETC, LLC seeks approval from the U.S. Bankruptcy Court for
the Southern District of Texas to employ Mr. Jeffrey Shulse of
Chart Capital Management LLC as chief restricting officer, and
financial business consultant.

The firm's services include:

   a. oversee the restructuring or reorganization process, develop
and supervise execution of the restructuring plan, and coordinate
with stakeholders;

   b. prepare, review, and file operational, financial, and
restructuring plans, forecasts, cash flow analysis, budgets and
variance reports;

   c. open, close, and maintain bank accounts, authorize deposits,
disbursements, and transfers of funds consistent with court orders
and debtor-in-possession cash control procedures;

   d. negotiate, amend, modify, enforce, assign or terminate
contracts and leases on behalf of the debtor, subject to court
approval as required;

   e. pursue, settle, or compromise litigation, causes of action,
claims or adversary proceedings, subject to court approval when
required;

   f. monitor and manage all restructuring or turnaround
professionals and consultants, and coordinate with legal,
financial, operational, tax, and other advisors; and

   g. provide regular reports to the Debtor and to the Court, and
attend hearings, creditor meetings, and status conferences as
needed.

Mr. Shulse will be paid at the rate of $250 per hour.

Prior to the Petition Date, the Debtor paid the firm $6,375 for
time billed and services provided prior to filing. The firm did
receive and is holding a retainer post-petition in the amount of
$5,625.

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

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

The firm can be reached at:

     Jeffrey Shulse
     Chart Capital Management, LLC
     2339 Commerce St.
     Houston, TX 77002

              About Webster ETC, LLC

Webster ETC owns and operates a Tex-Mex restaurant under a
franchise agreement with El Tiempo in Webster, Texas. It has
operated this El Tiempo restaurant franchise in Webster, Texas
since 2017.  

Webster ETC sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Texas Case No. 26-90333) on February
9, 2026, with between $1 million and $10 million in both assets and
liabilities.

Judge Christopher M Lopez oversees the case.

The Debtor is represented by:

   Genevieve Marie Graham
   Genevieve Graham Law, Pllc dba Graham PLLC
   Telephone: (832) 367-5705
   E-mail: ggraham@graham-pllc.com


WESTLAKE SENIOR: Has Deal on Cash Collateral Access
---------------------------------------------------
The U.S. Bankruptcy Court for the Central District of California,
Northern Division, granted Westlake Senior Living Center, LLC
extension to use cash collateral to fund operations.

At the March 11 hearing, the court approved in part the Debtor's
stipulation with Poppy Bank and Sunrise Senior Living Management,
Inc. to use cash collateral through April 30.

The stipulation is available at https://shorturl.at/PwKnq from
PacerMonitor.com.

A further hearing is set for April 30.

The cash collateral is generated from rents at a senior living
facility known as Varenita of Westlake, which operates on the
Debtor's property in Thousand Oaks, California.

The Debtor filed for bankruptcy on January 27 on the eve of a
scheduled foreclosure by its secured lender, Poppy Bank, which
holds a deed of trust securing a loan originally issued for $43.24
million and now totaling about $45.76 million, with more than $2.6
million in arrears. Meanwhile, Sunrise Senior Living Management
operates the facility, collects all rents, and pays all operating
expenses under a management agreement with the Debtor.

The Debtor believes the property is worth over $70 million.

Poppy Bank, as secured lender, is represented by:

   Mitchell B. Greenberg, Esq.
   Michael J. Makdisi, Esq.
   Abbey, Weitzenberg, Warren & Emery, P.C.
   100 Stony Point Road, Suite 200
   Santa Rosa, CA 95401
   Telephone: 707-542-5050
   Facsimile: 707-542-2589
   mgreenberg@abbeylaw.com
   mmakdisi@abbeylaw.com

                    About Westlake Senior Living Center LLC

Westlake Senior Living Center, LLC operates a senior living
facility in California, providing housing and care services to
elderly residents.

Westlake Senior Living Center sought relief under Chapter 11 of the
U.S. Bankruptcy Code (Bankr. Case No. 26-10110) on January 28,
2026. In its petition, the Debtor reports estimated assets ranging
from $50 million to $100 million and estimated liabilities between
$10 million and $50 million.

Honorable Bankruptcy Judge Ronald A. Clifford III handles the
case.

The Debtor is represented by Stella A. Havkin, Esq. of Havkin &
Shrago.


WESTMINSTER CRACKER: TPG Twin Brook Marks $1.5MM 1L Loan at 85% Off
-------------------------------------------------------------------
TPG Twin Brook Capital Income Fund has marked its $1,534,000 loan
extended to Westminster Cracker Company, Inc to market at $224,000
or 15% of the outstanding amount, according to TPG Twin Brook's
10-K for the fiscal year ended Dec. 31, 2025, filed with the U.S.
Securities and Exchange Commission.

TPG Twin Brook Capital Income Fund is a participant in a First lien
senior secured revolving loan extended to Westminster Cracker
Company, Inc. The 1L Loan accrues interest at a rate of S + 6.25%
10.07% per annum. The 1L Loan matures on Aug. 30, 2026.

TPG Twin Brook Capital Income Fund is a closed-end investment fund
that participates in the leveraged finance market as a corporate
issuer.

The Fund is led by Trevor Clark as Chief Executive Officer,
Chairman of the Board of Trustees, and Trustee (Principal Executive
Officer) and Terrence Walters as Chief Financial Officer and
Treasurer (Principal Financial Officer and Principal Accounting
Officer).

The Fund can be reached at:

     Trevor Clark
     TPG Twin Brook Capital Income Fund
     245 Park Avenue, 26th Floor
     New York, NY 10167
     Telephone: (212) 692-2000

          About Westminster Cracker Company, Inc.

Westminster Cracker Company, Inc. is a food manufacturer supported
by a first lien senior secured revolving loan, suggesting a
traditional packaged foods or snack business reliant on asset-based
working capital financing.


WHITNEY OIL & GAS: Gets Extension to Access Cash Collateral
-----------------------------------------------------------
Whitney Oil & Gas, LLC received another extension from the U.S.
Bankruptcy Court for the Eastern District of Louisiana to use cash
collateral.

The court's 24th interim order authorized the use of cash
collateral for the period from Oct. 26, 2023, through the date
which is five business days following a declaration to terminate,
reduce or restrict the ability to use cash collateral by the
Debtor.

Certain entities may possess oil and gas liens under the Louisiana
Oil Well Lien Act (LOWLA) on oil and gas assets owned by the
Debtor.

As protection for any diminution in value of their interests in the
pre-bankruptcy collateral, the LOWLA lienholders will be granted
valid and perfected security interests in, and liens on, the
Debtor's assets, subject to a fee carveout. These liens do not
apply to any Chapter 5 causes of action and the proceeds, thereof.

To the extent the liens granted prove to be inadequate, the LOWLA
lienholders will receive a superpriority administrative expense
claims, junior to the fee carveout.

The termination events under the 24th interim order include the
filing by the Debtor of documents pertaining to a
debtor-in-possession financing that adversely effects the LOWLA
lienholders' liens; a default by the Debtor in reporting financial
information; dismissal or conversion of the Debtor's Chapter 11
case; the appointment of a Chapter 11 trustee or examiner with
enlarged powers; or other responsible person; and the failure by
the Debtor to perform its obligations under the 24th interim
order.

The next hearing is set for April 9.

The 24th interim order is available at https://shorturl.at/FgEQU
from PacerMonitor.com.

                    About Whitney Oil & Gas

Whitney Oil & Gas, LLC operates in the oil and gas extraction
industry. The company is based in Houston, Texas.

Whitney Oil & Gas filed Chapter 11 petition (Bankr. E.D. La. Case
No. 23-11873) on Oct. 26, 2023, with $1 million to $10 million in
both assets and liabilities.

Judge Meredith S. Grabill oversees the case.

Douglas S. Draper, Esq., at Heller, Draper & Horn, LLC is the
Debtor's legal counsel.


WILSON & ASSOCIATES: Seeks to Hire Geri Lyons Chase as Counsel
--------------------------------------------------------------
Wilson & Associates Insurance & Financial Services, Inc. seeks
approval from the U.S. Bankruptcy Court for the District of
Maryland to employ Law Office of Geri Lyons Chase as counsel.

The firm's services include:

     (a) advise the Debtor with respect to its powers and duties in
the continued management of its property and operation of its
affairs;

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

     (c) take the necessary steps to stay any action by creditors
seeking liens, attachments, or other advantages by legal process or
nonjudicial process;

     (d) negotiate and prepare a Plan of Reorganization; and

     (e) perform all other legal services for the Debtor as may be
necessary herein.

Geri Lyons Chase, Esq., the primary attorney in this
representation, will be billed at an hourly rate of $400.

The firm received a retainer of $5,000, plus filing fee of $1,736.

Mr. Chase 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:

     Geri Lyons Chase, Esq.
     Law Office of Geri Lyons Chase
     2007 Tidewater Colony Drive, Suite 2B
     Annapolis, MD 21401
     Telephone: (410) 573-9004
     Email: gchase@glchaselaw.com

              About Wilson & Associates Insurance
                   & Financial Services, Inc.

Wilson & Associates Insurance & Financial Services sought relief
under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No.
26-10199) on January 7, 2026. In its petition, the Debtor reports
estimated assets between $0 and $100,000 and estimated liabilities
between $100,001 and $1,000,000.

Honorable Bankruptcy Judge Lori S. Simpson handles the case.

The Debtor is represented by Geri Lyons Chase, Esq. of the Law
Office of Geri Lyons Chase.


WINDANCE WATER: Hearing Today on Bid to Use Cash Collateral
-----------------------------------------------------------
The U.S. Bankruptcy Court for the District of Oregon is set to hold
a hearing today to consider final approval of Windance Wind Sports,
Inc.'s bid to use cash collateral.

The court previously granted the Debtor a 14-day extension to
access cash collateral under its March 13 interim order.

The interim order approved the payment of expenses from the cash
collateral in accordance with the Debtor's budget and granted First
Interstate Bank protection through a replacement lien on the
post-petition collateral, with the same priority as its
pre-bankruptcy lien.

The interim order required the Debtor to pay $3,000 monthly to
First Interstate Bank until the Debtor's Chapter 11 case is
confirmed, converted or dismissed.

The order is available at https://is.gd/RnDHzL from
PacerMonitor.com.

First Interstate Bank holds a pre-petition security interest,
perfected via a UCC-1 filing on July 5, 2022, covering all tangible
and intangible personal property of the Debtor, including
inventory, accounts, equipment, and related assets.

                  About Windance Wind Sports Inc.

Windance Wind Sports, Inc. is a U.S. wind sports retailer and
equipment provider based in Hood River, Oregon. Founded in 1984,
the company serves enthusiasts of windsurfing, kiteboarding, wing
foiling and related water sports through its board shop and
e-commerce platform, offering boards, foils, sails, kites, wetsuits
and accessories from premium brands. Windance also supports riders
with demo and rental programs, expert guidance and local community
events in one of the United States' premier wind-driven recreation
regions.

The Debtor sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. D. Ore. Case No. 26-30792) on March 9,
2026, listing $772,082 in assets and $2,329,130 in liabilities.
Nicholas Caccavo, president, signed the petition.

Judge David W. Hercher oversees the case.

Theodore J. Piteo, Esq., at Michael D. O'Brien & Associates, PC,
represents the Debtor as legal counsel.


WOLKE CHIROPRACTIC: Gets Interim OK to Use Cash Collateral
----------------------------------------------------------
The U.S. Bankruptcy Court for the District of New Jersey granted
Wolke Chiropractic and Rehabilitation, PC interim approval to use
cash collateral to fund operations.

Under the interim order, the Debtor is permitted to use cash
collateral primarily for ordinary business expenses. These include
maintaining operations, preserving assets, paying wages and
insurance, completing ongoing work, and purchasing inventory, all
aimed at stabilizing the business while pursuing reorganization.

The interim order allows payment of professional fees and requires
a $5,000 retainer to the Subchapter V trustee.

Wolke estimates it holds approximately $100,000 in insurance
receivables, about $9,257 in cash, and $75,000 in physical assets,
all of which are essential to maintaining business continuity.

The Debtor derives most of its revenue from insurance
reimbursements, typically paid within 30 days, and that these
receivables are likely encumbered by a lien held by Parkview
Advance, LLC due to a recently obtained $25,000 receivables-based
financing arrangement.

Parkview holds a claim of approximately $25,000 secured by the
Debtor's assets, including accounts receivable, inventory, and
equipment. While the Debtor acknowledges the creditor's lien, other
creditors retain the right to challenge its validity later.

As protection, Parkview was granted replacement liens on
post-petition assets, with the same priority as its pre-petition
liens, along with a potential superpriority administrative claim if
protections prove insufficient.

The creditor also has rights to inspect records, request hearings
upon default, and receive financial reporting from the Debtor.

The Debtor asserts Parkview is adequately protected because the
value of its assets significantly exceeds the $25,000 loan, and
that the creditor will retain its lien and ultimately be paid in
full through the reorganization plan.

Wolke's business entered financial distress due to declining
revenues and the prolonged illness-related absence of its
principal, which disrupted operations and led to mounting
obligations, including unpaid rent that triggered an eviction
action by its landlord and significant payroll tax arrears. Facing
these pressures, the Debtor filed for Chapter 11 protection to
restructure its debts while continuing operations.

            About Wolke Chiropractic and Rehabilitation

Wolke Chiropractic and Rehabilitation, PC is a chiropractic and
rehabilitation practice owned by Dr. Anthony Wolke.

Wolke filed Chapter 11 petition (Bankr. D. N.J. Case No. 26-12831)
on March 15, 2026, with up to $500,000 in both assets and
liabilities. Wolke President Anthony Wolke signed the petition.

Judge Stacey L. Meisel oversees the case.

Scott J. Goldstein, Esq., at the Law Offices of Wenarsky &
Goldstein LLC, represents the Debtor as bankruptcy counsel.


X4 PHARMA: Widens 2025 Loss to $79.2MM; Cash Sufficient into 2028
-----------------------------------------------------------------
X4 Pharmaceuticals, Inc. filed with the U.S. Securities and
Exchange Commission its Annual Report on Form 10-K for the annual
period ended December 31, 2025.

Since inception, the Company has incurred significant operating
losses and negative cash flows from operations, and the Company
expects to continue to generate operating losses and negative cash
flows from operations for the foreseeable future. For the year
ended December 31, 2025, the Company's net loss was $79.2 million
(compared to $37.5 million in 2024) and net cash used in operating
activities was $85.6 million. As of December 31, 2025, the Company
had $253.0 million of cash, cash equivalents and short-term
marketable securities, and an accumulated deficit of $594.6
million.

For the fiscal year ended December 31, 2025, the Company recorded a
total revenue of $35.1 million, compared to $2.6 million in 2024.

The Company said, "Our operations have consumed a large amount of
cash since inception. To date, we have funded our operations
primarily with proceeds from sales of common stock, warrants,
prefunded warrants, and preferred stock, proceeds from the issuance
of convertible debt and borrowings under loan and security
agreements. We expect to continue to incur research and development
expenses as we continue to advance the clinical development of our
product candidates and prepare for the launch and commercialization
of any product candidates for which we receive regulatory approval.
We expect to incur significant commercialization expenses related
to product sales, marketing, distribution and manufacturing.
Furthermore, we expect to continue to incur costs associated with
operating as a public company."

"As of December 31, 2025, we have cash and cash equivalents of
$217.0 million and short-term marketable securities of $35.9
million, which provides funding for our operations into 2028. Until
we become profitable, our operations will require us to obtain
additional funding in the future. If we are unable to obtain
sufficient funding when needed in the future, our business,
prospects, financial condition and results of operations will be
materially and adversely affected, and we may be unable to continue
as a going concern. Such additional funding may include raising
funds through public or private equity or debt financings,
third-party funding, marketing and distribution arrangements, as
well as other collaborations, strategic alliances and licensing
arrangements, or any combination of these approaches. If we are
unable to raise capital when needed or on acceptable terms, we
would be forced to delay, limit, reduce, restructure or terminate
our product development or future commercialization efforts of one
or more of our product candidates, or may be forced to reduce,
restructure or terminate our operations. If we are unable to
continue as a going concern, we may have to liquidate our assets
and may receive less than the value at which those assets are
carried on our audited financial statements, and it is likely that
investors will lose all or a part of their investment."

"In our own future required quarterly assessments, we may again
conclude that there is substantial doubt about our ability to
continue as a going concern, and future reports from our
independent registered public accounting firm may also contain
statements expressing substantial doubt about our ability to
continue as a going concern. If we seek additional financing to
fund our business activities in the future and there exists
substantial doubt about our ability to continue as a going concern,
investors or other financing sources may be unwilling to provide
additional funding to us on commercially reasonable terms, if at
all."

"Although we believe our current cash, cash equivalents and
short-term marketable securities, together with our expected
decrease in annual spending under our previously announced February
2025 Restructuring and September 2025 Restructuring, respectively,
will be sufficient to support our operations into 2028, subject to
our continued compliance with our Hercules Loan Agreement
covenants, there can be no assurance that these initiatives will be
successful or that any anticipated spending reductions will be
adequate, which could materially affect our future operations."

"While we have successfully raised capital in the past, our ability
to raise capital in future periods is not assured. We may be
required to raise additional capital to satisfy the cash covenant
under our existing debt facility with Hercules that requires that
we maintain a minimum level of cash at a level greater than 20% of
our outstanding borrowings under the Hercules Loan Agreement and
subject to certain operational covenants. Based on our current cash
flow projections, excluding additional sources of external
financing, we anticipate that we will be able to maintain the
minimum cash required to satisfy this covenant for at least the
next 12 month period following the issuance of these consolidated
financial statements."

A full text copy of the Company's Form 10-K is available at
https://tinyurl.com/4eydu9rm

                     About X4 Pharmaceuticals

Boston, Mass.-based X4 Pharmaceuticals, Inc. is a biopharmaceutical
company focused on discovering, developing, and commercializing
novel therapeutics for the treatment of rare diseases and those
with limited treatment options, particularly conditions resulting
from immune system dysfunction.

As of December 31, 2025, the Company had $290.5 million in total
assets and $104.2 million in total liabilities, and total
stockholders' equity of $186.3 million.


XANDRIA HOLDINGS: Aleida Martinez Molina Named Subchapter V Trustee
-------------------------------------------------------------------
The Acting U.S. Trustee for Region 21 appointed Aleida Martinez
Molina, Esq., as Subchapter V trustee for Xandria Holdings LLC.

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

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

The Subchapter V trustee can be reached at:

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

                    About Xandria Holdings LLC

Xandria Holdings LLC sought protection under Chapter 11 of the U.S.
Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-12980) on March 11,
2026, with $500,000 to $1 million in assets and $1 million to $10
million in liabilities. Zohair Sultan, president, signed the
petition.

David W. Langley, Esq. represents the Debtor as legal counsel.     


ZAHRCO ENTERPRISES: Hires Samuel A. Rupert P.A as Appraiser
-----------------------------------------------------------
Zahrco Enterprises, Inc. seeks approval from the U.S. Bankruptcy
Court for the Southern District of Florida to employ Samuel A.
Rupert, P.A. as appraiser.

The firm will appraise the Debtor's 4COP alcohol beverage license,
and Debtor's FFE.

The firm will be paid at the rate of $200 per hour.

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

The firm can be reached at:

     Samuel A. Rubert, Esq.
     Samuel A. Rubert, P.A.
     d/b/a Rubert Law
     2645 Executive Park Drive, Suite 122
     Weston, FL 33331
     Tel: (954) 737-6584

              About Zahrco Enterprises Inc.

Zahrco Enterprises Inc. operates two restaurants located in Coral
Gables, Fla., on leased properties.

Zahrco Enterprises Inc. sought relief under Chapter 11 of the  U.S.
Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-13628) on April 2,
2025. In its petition, the Debtor reported total assets of $72,679
and total liabilities of $2,591,821.

Judge Corali Lopez-Castro handles the case.

The Debtor is represented by Kris Aungst, Esq., at Paragon Law,
LLC.


ZIPRECRUITER INC: Fitch Lowers LongTerm IDR to 'B-', Outlook Neg.
-----------------------------------------------------------------
Fitch Ratings has downgraded ZipRecruiter Inc.'s (ZIP) Long-Term
Issuer Default Rating (IDR) to 'B-' from 'B' and unsecured notes to
'CCC+' with a Recovery Rating of 'RR5' from 'B'/'RR4'. The Rating
Outlook is Negative.

The downgrades reflect Fitch's expectation that ZIP's revenue and
EBITDA will remain pressured due to weak hiring amid a more
competitive environment and deteriorating macroeconomic landscape,
resulting in high leverage. The Negative Outlook reflects continued
uncertainty about the timing and pace of a demand recovery, the
risk of AI substitution and the possibility that EBITDA generation
could remain pressured for an extended period.

Key Rating Drivers

Pressured Financial Performance: ZIP's growth profile remains
hampered by steep declines in demand for recruiting services,
likely to persist given the pressured macroeconomic environment.
The sharp drop suggests higher earnings volatility than peers in
recruiting and broader staffing. Fitch expects revenue to remain
flat in 2026 versus 2025, down from a 2022 peak of $900 million,
with EBITDA margins gradually improving to low-mid-teens from a
peak in the high-20%'s range. The current environment underscores
negative impacts on revenue, EBITDA, and potentially FCF during
weak demand. ZIP's exposure to small- and medium-sized businesses
increases volatility.

Risk of AI Substitution: AI may significantly disrupt the
recruiting industry by automating key functions such as resume
screening, applicant ranking, and preliminary interviews, enabling
companies to bring hiring processes in-house and reduce reliance on
external recruiters. This technological shift is compounding
challenges from the current low-hire environment, pressuring
margins and likely leading to recruiter layoffs as clients cancel
contracts or demand lower fees. Fitch believes AI's impact on
company's performance would be a key sensitive factor for the
company's rating over the medium term.

High Leverage: Fitch forecasts EBITDA leverage to remain in the
high-single-digit range for 2026. The (CFO-capex)/debt ratio is
expected to remain in the low-single-digit range, mainly driven by
the interest income from ZIP's large cash balance, rather than
intrinsic FCF generation. Leverage metrics could improve if hiring
increases, bringing paid employers back to ZIP's platforms.
However, the timing and extent of recovery are uncertain, with the
company facing challenges due to a potentially volatile
macroeconomic landscape, the risk of AI substitution and intense
competition.

Solid Liquidity: Fitch expects ZIP to generate low-mid-single digit
FCF over the next two years despite depressed hiring conditions.
The company's liquidity is further supported by its cash and
marketable securities balance of $409 million as of YE 2025. ZIP
increased share buybacks to $101.9 million in 2025 from $40.3
million in 2024. However, Fitch expects the company to protect its
financial position by maintaining low buyback activity in a
scenario of continued weak financial performance. The company will
need to see a material improvement in operations over the next few
years to minimize refinancing risk from the 2030 notes.

Competitive Landscape: The U.S. job recruitment marketplace is
highly competitive and fragmented. ZIP has established itself as a
familiar online job search resource, showcasing strong execution
capabilities but faces competitive threats. Other online
marketplace operators like Monster Worldwide, Inc. and
CareerBuilder, faced execution challenges and lost share after
establishing a strong presence. ZIP also competes with alternative
solutions such as recruiters, vertical-focused job sites,
employers' own sites, LinkedIn, Indeed and others.

Peer Analysis

ZIP competes in a large and fragmented online job search industry.
Many of its primary peers, including LinkedIn, Indeed, Monster,
CareerBuilder and others are private or divisions of larger
companies and are not rated by Fitch. Fitch rates healthcare
staffing provider AMN Healthcare, Inc. (AMN; BB/Negative), which
operates in recruiting but with a traditional staffing business
model as well as technology solutions provider for hospitals and
other healthcare facilities.

Staffing companies derive revenue upon a pass-through spread for
employees that are assigned to temporary roles, while ZIP derives
its revenue from online platform fees for subscription services and
performance-based job postings. AMN operates at a much larger
EBITDA scale despite some exposure to weak demand for recruiting
services recently. Fitch expects AMN's leverage to remain within
the 3.0x to 4.0x range, compared to ZIP's leverage profile, which
remains more severely pressured.

ZIP's rating is constrained to the 'B-' category due to its small
EBITDA scale, risks pertaining to AI substitution and the
recruiting industry's inherent cyclicality.

Fitch’s Key Rating-Case Assumptions

- Fitch assumes average paid employers and quarterly revenue per
paid employer to remain in line with 2025 performance;

- EBITDA margins to gradually improve to low-mid-teens driven by
cost saving initiatives;

- Neutral to low-single digits positive FCF to revenues through the
forecast due to limited working capital, cash taxes and capex
requirements;

- Capital allocation priorities are likely weighted toward balance
sheet preservation in this scenario with moderate share buybacks.

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 (bb+, Moderate), Sector Characteristics
(b+, Moderate), Market and Competitive Positioning (b, Moderate),
Diversification and Asset Quality (b+, Lower), Company Operational
Characteristics (b-, Higher), Profitability (ccc+, Moderate),
Financial Structure (ccc+, Higher), and Financial Flexibility (b,
Moderate).

- The quantitative financial subfactors are based on standard CRT
financial period parameters: 20% weight for the latest historical
year 2025, 40% for the forecast year 2026 and 40% for the forecast
year 2027.

- B+ to CC considerations apply in its analysis and result in no
adjustment.

- The Governance assessment of 'Good' results in no adjustment.

- The Operating Environment assessment of 'aa-' results in no
adjustment.

- The SCP is 'b-'.

Recovery Analysis

For entities rated 'B+' and below, where default is closer and
recovery prospects are more meaningful to investors, Fitch
undertakes a tailored, or bespoke, analysis of recovery upon
default for each issuance. The resulting debt instrument rating
includes a Recovery Rating or published 'RR' (from 'RR1' to 'RR6')
and is notched from the IDR accordingly. In this analysis, there
are three steps: (i) estimating the distressed enterprise value
(EV); (ii) estimating creditor claims; and (iii) distribution of
value.

Fitch assumed ZIP would emerge from a default scenario under the
going concern (GC) approach versus liquidation. Key assumptions
used in the recovery analysis are as follows:

- A $66 million GC EBITDA, which is a depressed, yet realistic
estimate driven by macro issues, mis-execution and/or share loss
followed by corrective action.

- Fitch assumes an EV/EBITDA multiple of 6.0x upon emergence from
bankruptcy. This multiple is validated based upon comparable public
company trading multiples (current & historical), industry M&A and
comparable reorganization multiples Fitch has witnessed in the
past.

- Fully drawn $290 million revolver.

- 10% administrative claim.

This results in a senior unsecured notes recovery of 'RR5' and a
'CCC+' issue-level rating, in-line with ZIP's IDR. The company has
a senior secured revolver facility maturing on April 30, 2026.
Fitch believes if the company were to let the revolver mature, it
would likely result in a stronger recovery for the notes,
potentially leading an upgrade of the instrument rating.

RATING SENSITIVITIES

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

- Expectations of sustained weakness in revenue and EBITDA;

- Significant decrease in cash or deterioration in cash flow
generation;

- Mid-cycle EBITDA leverage sustained above 6.5x;

- Expectations of sustained neutral or negative FCF;

- Interest coverage sustained below 2.0x.

The following factor could lead to an Outlook revision to Stable

- Revival of business reflected in sustained growth in revenues and
EBITDA.

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

- Mid-cycle EBITDA leverage sustained below 5.5x;

- Expectations of reduced earnings volatility due to increased
scale and/or strong brand recognition, leading to a more stable
revenue and leverage profile throughout economic cycles.

Liquidity and Debt Structure

ZIP has a solid liquidity position. It had $409 million of cash and
investments at YE 2025 and generated minimal yet positive FCF ($3
million in FY25) on aggregate through the cycle. Additionally, the
company has $290 million available to be drawn under a senior
secured revolving facility.

The company has a relatively simple debt capital structure, with
$550 million of senior unsecured notes outstanding that mature in
2030 and a $290 million senior secured revolving facility that
matures in April 2026 and is undrawn. The senior notes bear
interest of 5% per year.

Issuer Profile

ZipRecruiter is a two-sided, online marketplace for work. It
generates revenue from employers largely via flat-rate pricing but
also performance-based pricing terms.

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

Fitch uses Climate Vulnerability Signals (Climate.VS) as a
screening tool to identify sectors and Fitch-rated issuers that are
potentially most exposed to climate-related risks. If Fitch
identifies an entity as higher risk (i.e. its Climate.VS in 2035 is
50 or higher), the entity receives additional analysis and
consideration in rating reviews. Climate.VS range from 0 (lowest
risk) to 100 (highest risk). For more information on Climate.VS,
see Fitch's Corporate Rating Criteria. For more detailed,
sector-specific information on how Fitch perceives climate-related
transition risks, see Climate Vulnerability Signals for
Non-Financial Corporate Sectors.

The Climate.VS for 2035 is 15 out of 100. This reflects a VSp of 10
and a VSt of 15. The results of its Climate.VS screener did not
indicate an elevated risk for ZipRecruiter, 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
   -----------                 ------            --------   -----
ZipRecruiter, Inc.       LT IDR B-   Downgrade              B

    senior unsecured     LT     CCC+ Downgrade    RR5       B


ZIVIEA INC: Seeks to Hire Latham Luna Eden as Counsel
-----------------------------------------------------
Ziviea, Inc. dba Compressionsale.com seeks approval from the U.S.
Bankruptcy Court for the Middle District of Florida to employ
Latham, Luna, Eden & Beaudine, LLP as counsel.

The firm will render these services:

     (a) advise the Debtor of its rights and duties in this Chapter
11 case;

     (b) prepare pleadings related to this case; and

     (c) take any and all other necessary action incident to the
proper preservation and administration of this estate.

The firm will be paid at these hourly rates:

     Daniel Velasquez, Attorney       $275 - $495
     Other Attorneys                         $495
     Junior Paraprofessionals                $105

Prior to the commencement of this case, the Debtor paid an advance
fee of $36,738 for services and expenses to be incurred in
connection with this case.

Mr. Velasquez 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:

     Daniel Velasquez, Esq.
     Latham, Luna, Eden & Beaudine, LLP
     Orlando, FL 32801
     Telephone: (407) 481-5800
     Facsimile: (407) 481-5801
     Email: dvelasquez@lathamluna.com

              About Ziviea, Inc. dba Compressionsale.com

Ziviea, Inc., doing business as CompressionSale.com, operates an
online retail platform that sells compression garments and related
medical support products, including stockings, socks, sleeves, and
braces. The company distributes compression wear from various
manufacturers and provides sizing guides and product information to
assist customers in selecting compression products for circulation
and support needs. Ziviea, Inc. operates from Saint Augustine,
Florida and serves customers through its e-commerce website.

Ziviea, Inc. in Saint Augustine, FL, sought relief under Chapter 11
of the Bankruptcy Code filed its voluntary petition for Chapter 11
protection (Bankr. M.D. Fla. Case No. 26-00938) on March 6, 2026,
listing $388,475 in assets and $6,338,107 in liabilities. Arun
Reddy as CEO and director, signed the petition.

Judge Jacob A Brown oversees the case.

LATHAM LUNA EDEN & BEAUDINE LLP serve as the Debtor's legal
counsel.


[^] BOOK REVIEW: Black Monday
-----------------------------
Black Monday: The Stock Market Catastrophe of October 19, 1987

Author:     Tim Metz
Publisher:  Beard Books
Softcover:  268 pages
List Price: $34.95
https://ecommerce.beardbooks.com/beardbooks/black_monday.html

Metz uses his 23-year career as a journalist with The Wall Street
Journal to good effect in this account of the worst stock-market
crash since 1929.  Chapters and sections within them begin by
noting date and location in the style of newspaper reports -- e.g.,
"October 19, 1987-New York Stock Exchange, chairman's office, 10:45
A.M."; "August 25, 1987 – Storefront broker's office near Canal
Street, 11:30A.M."  This has the effect of dramatizing the
collapse, events surrounding it, and varied individuals playing key
roles in trying to deal with it and affected by it.  A hotel in
Paris, a roadway leading to the Caracas, Venezuela airport, the
White House, and the Chicago Mercantile Exchange are other
locations.  Like a camera panning from one scene to the next,
Metz's style keeps the drama high and the story moving.  Even
though the generalities of this historic stock-market event are
known, one is drawn into Metz's telling by its inside-story
perspective and to find out how the main characters act as the
event unfolds and how things turn out for them in the end.

Two of these main characters are John Phelan, chairman of the New
York Stock Exchange at the time, and Donny Stone, an NYSE trading
specialist.  The book opens with Phelan in his chairman's office in
a meeting with the heads of Salomon Brothers, Merrill Lynch,
Goldman Sachs, and other top financial and securities firms.  They
are all extremely concerned about the 235-point stock-market
decline of the preceding week.  And they have different thoughts on
its causes, import, and appropriate responses to it.  After seeing
the havoc in the stock market of the previous week, Donny Stone
cuts short his vacation in Florida to hurry back to New York to
take care of his business as best he can in the circumstances which
are having repercussions not only at the NYSE, but also in
Washington, D. C., across America, and around the world.

The long-term crippling consequences that Wall Street's top leaders
and high government officials feared the worse were avoided by a
combination of enlightened quick remedies, lowering of fears,
expertise and professionalism among numerous individuals in
positions high and low, and opportunism among many who saw new
opportunities in the havoc.  While the worst consequences of the
sudden, unexpected, chaotic collapse were avoided and normal order
and predictability returned to the financial markets before long,
"Black Monday" brought essential changes to the NYSE and the
business of trading.  Most of the public were not aware of these
changes as normal operations returned over the following weeks. But
they were unmistakable to insiders; and many individuals connected
to Wall Street for decades were hurt by the changes.  At Metz's
paper, The Wall Street Journal, some staff were let go because of
the reduction in advertising and circulation following the crash.
But apart from countless individuals who lost their jobs from the
dislocations caused by the crash, the business of trading had a sea
change.

"Black Monday" brought to light the degree to which traders and
trading had come to dominate the modern-day stock market.  Of
course, trading in stocks had always been the NYSE's reason for
being.  But as the market crash evidenced, trading had taken on a
life of its own.  Trading calculations, as seen especially in risk
arbitrage, had become so sophisticated and easy to execute that
market weaknesses being exploited were publicized widely and
quickly.  Along with this, the volume of stocks traded and the
speed with which financial transactions occurred with advanced
communications made the market more mercurial and unmanageable than
it had ever been.  The very image of trading had been changed
within the financial community.  As William Simon, the former
Secretary of the Treasury, noted, when he first entered investment
banking, "trading was not a respectable profession."  But by the
time of the 1987 disaster and even more so in the years after it,
"kids out of B-school are dying to get to the trading desk."
Trading has become a high-profile, quasi-glamorous subject in the
daily financial and business media.  And to the graduates of
business schools, it is seen as the field where the most money can
be made most quickly and easily.

Tim Metz captures all of the dimensions and human drama of this
watershed event in the history of the New York Stock Exchange.  He
closes with the Cassandra-like note that instead of trying to
control the astonishingly high levels of trading in short periods
of time which was a major cause of Black Monday, the NYSE with the
guidance and support of the Security Exchange Commission (SEC)
increased the capacity for trading.

After more than two decades with The Wall Street Journal, Metz
became the head of his own firm, Hullen Metz & Co. LLC, in the
areas of financial communications and media relations strategy and
execution. Metz earned his bachelor's and master's degrees in
Journalism at Marquette University in 1961 and 1966, respectively.

This book may be ordered by calling 888-563-4573 or by visiting
www.beardbooks.com or through your favorite Internet or local
bookseller.



                            *********

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

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

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

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

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

                            *********

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Rousel Elaine Tumanda, Joel Anthony G. Lopez, Psyche A. Castillon,
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Peter A. Chapman, Editors.

Copyright 2026.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
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