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260408.mbx T R O U B L E D C O M P A N Y R E P O R T E R Wednesday, April 8, 2026, Vol. 30, No. 98 Headlines 25 AUGUSTA: Seeks to Hire Bach Law Offices as Bankruptcy Counsel A & A BODY WORKS: Court Extends Cash Collateral Access to April 30 A-1 GRADING: Cash Collateral Hearing Set for April 9 A2K FASHION: Gets Interim OK to Use Cash Collateral Until April 22 ACCENT COMFORT: Hearing Today on Bid to Use Cash Collateral AFB RESTAURANTS: Gets Extension to Access Cash Collateral ALL 4 HIM: Has Until April 21 to Use Cash Collateral ALPINE CORP: Seeks to Hire Azadegan Law Group as Special Counsel ALTAR BIDCO: Moody's Affirms 'B2' CFR, Outlook Remains Stable AMERICA'S LISTING: Hires Johnson Pope Bokor as Legal Counsel ANDERSON HAY: Hires Chuck Yarbro Auctioneers Inc. as Auctioneer ANTHONY PETTEGROW: Lobster 207 Loses Bid to Dismiss Adversary Case APPALACHIAN PRODUCER: Hires Joseph P. Rewis as Special Counsel AVENGER FLIGHT: Committee Hires Willkie Farr as Co-Counsel AVENGER FLIGHT: Committee Taps FTI Consulting as Financial Advisor AVENGER FLIGHT: Committee Taps Womble Bond as Delaware Co-Counsel AXIP ENERGY: Court Approves $161M Asset Sale to Service Compression AXIP ENERGY: Seeks to Hire Davis Polk & Wardwell as Counsel BACCI CAFE: Court Extends Cash Collateral Access to May 12 BAER & ASSOCIATES: Gets Final OK to Use Cash Collateral BETTER MOTOR: Brian Shapiro Named Subchapter V Trustee BRIGHT STAR: Angela Shortall of 3Cubed Named Subchapter V Trustee BUCKINGHAM SENIOR: No Patient Care Concern, 2nd PCO Report Says CAMPBELL REALTY: Plan Exclusivity Period Extended to May 18 CAPITAL MONETIZATON: Seeks 90-Day Extension of Plan Filing Deadline CELESTICA INC: S&P Affirms 'BB+' ICR on Expanding EBITDA CENTRAL FLORIDA: Seeks to Extend Plan Exclusivity to May 24 CN HOLDINGS: Seeks to Hire Gee Hashimoto Advisory as Accountant CN HOLDINGS: Seeks to Hire We Sell Restaurants as Broker COLLIERCOUNT LLC: Ruediger Mueller Named Subchapter V Trustee COLLINS ASSET: Garnet Closes $2.9B Loan Sale for Ch. 7 Trustee COMPASS INC: Moody's Assigns 'B2' CFR, Outlook Positive COMPASS INC: S&P Assigns 'B+' ICR, Outlook Positive COMPONENT FABRICATORS: Case Summary & 20 Top Unsecured Creditors COMPREHENSIVE INTERVENTIONAL: No Patient Care Concern, PCO Reports COMPREHENSIVE INTERVENTIONAL: Taps Milligan as Special Counsel COOLSYS INC: S&P Lowers ICR to 'SD' On Amended Credit Agreement CROWN CAPITAL: Enters Forbearance Agreement with Senior Lender CRUISING KITCHENS: Seeks to Extend Plan Exclusivity to August 3 DCA OUTDOOR: Court Okays Valley Hill Tree Farm Agreement DEENA P. CARVAJAL: Cash Collateral Hearing Set for April 9 DEL RAY II: Hires Cascade Capital Group as Financial Advisor DEL RAY II: Seeks to Hire Tonkon Torp LLP as Counsel DIGGING DIRT: Court OKs Deal With CCGI to Use Cash Collateral DTD PRECISION: Hires Keery McCue PLLC as Bankruptcy Counsel E. GLUCK: Seeks to Hire Gary Herwitz of SAX Advisors as CRO ECS BRANDS: Committee Hires Bonds Ellis Eppich Schafer as Counsel ELFAND ORGANIZATION: Delays Doom Challenge to Chapter 7 Conversion ELK RUN: Hires Myers Brettholtz & Company P.A. as Accountant EMORY INDUSTRIAL: Seeks to Hire Eide Bailly LLP as Accountant ENGLEWOOD HOSPITALITY: Gets Extension to Access Cash Collateral EQUITECS: Daniel Etlinger Named Subchapter V Trustee EQUITECS: Seeks Court OK to Tap Stichter Riedel Blain as Counsel ER OF TEXAS: Landlord Wins Bid to Waive Local Counsel Requirement ESTHER SCHOOL: Voluntary Chapter 11 Case Summary EXCLUSIVE OPTICAL: Plan Exclusivity Period Extended to Aug. 5 FABRICATION DESIGNS: Stephen Metz Named Subchapter V Trustee FINLEY DESIGN: Smith Debnam Advises Marlin Leasing & EM Structural FOUR DIRT: Hires Law Office of Charles Fitzpatrick as Counsel FRED RAU: Court Extends Cash Collateral Access to May 2 FRENCH SEAM: Douglas Adelsperger Named Subchapter V Trustee FRIEDENBACH FAMILY: Cash Collateral Access Extended to April 15 G-4 FAMILY: Commences Subchapter V Bankruptcy in New York GALAXY TREE: Gets Interim OK to Use Cash Collateral GLOBAL HOSPITALITY: Case Summary & 16 Unsecured Creditors GLOBAL LUXURY: Hires Orville & McDonald Law as Bankruptcy Counsel GOLDNER CAPITAL: Hires Cullen and Dykman LLP as Counsel GREEN IMPACT: Launches SISP with May 28 Deadline for Qualified Bids HAWTHORNE RACE: Committee Hires Husch Blackwell LLP as Counsel HAWTHORNE RACE: Committee Hires Province LLC as Financial Advisor HEART 2 HEART: Quality of Care Improved, 7th PCO Report Says HOOSIER VIEW: Commences Chapter 7 Bankruptcy in Colorado INFINITY CARE: Hires Marshack Hays Wood as General Counsel INFINITY CARE: U.S. Trustee Appoints Fay Gordon as PCO INGLES PRODUCE: Taps H&H Accounting & Tax Service as Accountant INSPIRED HEALTHCARE: U.S. Trustee Appoints Amanda Celentano as PCO INSPIRED HEALTHCARE: U.S. Trustee Appoints Kelly Richards as PCO INSPIRED HEALTHCARE: U.S. Trustee Appoints Marie Coe as PCO INSPIRED HEALTHCARE: U.S. Trustee Appoints Melanie McNeil as PCO INTEGRATED ENDOSCOPY: Plan Exclusivity Period Extended to June 30 INTERNATIONAL SUPPORT: Hires Randolph Law PLLC as Special Counsel INVESTMENTS SWK: Wray Suit vs Chapter 7 Trustee Dismissed JAF LTD: Court Allows $30,876 in Attorneys' Fees, Costs JAF LTD: Court Allows $7,350 in Accountant Fees JAYBROOK RENTALS: Seeks to Hire Johns & Associates as Attorney JS REALTY: Jolene Wee Named Subchapter V Trustee JUMPSTART COMMUNICATIONS: Fails to Pay Filing Fee, Case Tossed K&M JACKSON: Seeks to Hire Acosta Law PC as Bankruptcy Counsel KATE MALLER JEWELRY: Gets Final OK to Use Cash Collateral KEN'S BAR-B-QUE: Court Extends Cash Collateral Access to April 21 KOINONIA CONSTRUCTION: Case Summary & 20 Top Unsecured Creditors LA GEOTHERMAL: Hires Trak Financial as Tax Return Preparer LASCHAL SURGICAL: Eric Huebscher Named Subchapter V Trustee LEFKO LLC: Case Summary & 12 Unsecured Creditors LITEWATER SCIENTIFIC: Voluntary Chapter 11 Case Summary LITHOTYPE COMPANY: Court Extends Cash Collateral Access to May 1 LITTLE MINT: Smith Debnam Advises Marlin Leasing, 3 Others LURIN REAL: Two Affiliates' Voluntary Chapter 11 Case Summary M&B SERVICES: Gets Extension to Access Cash Collateral MADISON BROTHERS: Voluntary Chapter 11 Case Summary MAR & MAR: Hires Bookkeeping Repair LLC as Bookkeeper MARC A. CHRISTIANSEN: Court Affirms Confirmation of Chapter 11 Plan MARQUIS STAR: Seeks Continued Cash Collateral Access MARTIN DISPOSAL: Hires Harlin Parker as Bankruptcy Counsel MARTIN DISPOSAL: Stephen Barnes Named Subchapter V Trustee MAYFIELD REAL: Seeks Subchapter V Bankruptcy in Minnesota MAYS PROPERTY: Commences Chapter 7 Bankruptcy in Rhode Island MEGASLAB INC: Court Stays Warren Case Due to Bankruptcy MILLROSE PROPERTIES: Moody's Ups Rating on Unsecured Notes to Ba2 MIRROR LAKE: U.S. Trustee Appoints Patricia Hunter as PCO MP COMPLETE: Hires Adam I. Skolnik P.A. as Counsel MP COMPLETE: Linda Leali Named Subchapter V Trustee MU HOLDINGS: Ruediger Mueller Named Subchapter V Trustee MULTI-COLOR CORP: Can't Disband Creditor Group, US Trustee Says MW MASON: Court Extends Cash Collateral Access to May 29 NATIONAL TRANSPORTATION: Hires Falcone Law Firm P.C. as Counsel NELLIS CAB: Court OKs Appointment of Edward Burr as Examiner NELSON DEVELOPMENTS: Seeks to Hire James C. Murnion as Counsel NEW FORTRESS: Secures 95% Support for $5.8B Restructuring Plan NEW MEXICO TERMINAL: Hires NMREA Inc as Real Estate Broker NEW SHILOH: Court Extends Cash Collateral Access to May 20 NRPF GROUP: Hires Epiq Corporate as Claims and Noticing Agent NRPF GROUP: Seeks to Hire SC&H Group as Investment Banker NRPF GROUP: Seeks to Hire Scroggins Williamson & Ray as Counsel NRPF GROUP: Taps Katie S. Goodman of GGG Partners as CRO NSNETWORK CORPORATION: Neema Varghese Named Subchapter V Trustee OCEAN PARKWAY: Seeks to Hire Estelle Miller as Accountant OCEAN PARKWAY: Seeks to Hire JBM Real Estate as Real Estate Broker OLDE TOWN: Files Amendment to Disclosure Statement OLEGNA FUSCHI: U.S. Trustee Wins Bid to Dismiss Bankruptcy Case ONE GATEWAY: Hires Bang Reality-Georgia as Real Estate Broker ONE GATEWAY: Hires Northmarq Multifamily as Real Estate Broker ONYX BUSINESS: Gets Interim OK to Use Cash Collateral OUACHITA COUNTY: U.S. Trustee Appoints William Marshall as PCO PAP-R PRODUCTS: Seeks to Extend Plan Exclusivity to June 30 PAST & PRESENT: Hires Frost & Associates LLC as Counsel PAWLUS DENTAL: Douglas Adelsperger Named Subchapter V Trustee PITTS FUNERAL: Trustee Taps Gleason & Associates as Accountant PMB PROPERTY: Seeks to Tap Latham Luna Eden as Bankruptcy Counsel PMK CAPITAL: Hires Choi & Ito as General Bankruptcy Counsel PRETTY PETUNIA: Taps Accounting & Tax Services LLC as Accountant PRIVATE LENDER: Amends Unsecureds & Quy Claims Pay Details PROPERTIES AND INVESTMENTS: Seeks Ch. 7 Bankruptcy in California PUTNAM PULMONARY: Jerrett McConnell Named Subchapter V Trustee RAMANUJAN GROUP LLC: Luxury Mall Owner Seeks Chapter 11 Bankruptcy RAPID RAPID: Hires Arrington Accounting Services as Accountant REMARKABLE HEALTHCARE: Gutnicki's Fee Application Granted in Part RENPRO LLC: Hires Orville & McDonald Law as Bankruptcy Counsel RIZO-LOPEZ FOODS: Valley Milk Acquires Assets Out of Bankruptcy S & H SYSTEMS: Committee Taps Troutt Law Firm as Local Counsel SALEM POINTE: Trustee Hires CBRE as Real Estate Professional SANTA PAULA: Hires Eric Forster Realty as Interest Rate Expert SATO TECHNOLOGIES: CCU Secures Forbearance on Loan Obligations SCRIPPS TWO: Hires Palmer Capital Inc. as Real Estate Broker SHADY TREE: Case Summary & Three Unsecured Creditors SHIELDS NURSING: No Resident Complaints, Ombudsman Report Says SIMPRE NUNCA: Hires Vilarino & Associates LLC as Counsel SKMGT PROPERTIES: Case Summary & Three Unsecured Creditors SKMGT PROPERTIES: Initiates Chapter 11 Bankruptcy in Florida SKYTOP RANCH: Seeks to Hire Sutton Law Firm as Bankruptcy Counsel SNOWSHOE MILLWORKS: Court Tosses Harshman Appeal in Adversary Case SOLON CORP: Seeks to Hire Michael W. Carmel Ltd. as Counsel SOUTHERN TREE: Plan Exclusivity Period Extended to August 4 SPIRIT AIRLINES: Selects Buyer, Seeks Chap. 11 Timeline Extension STERLING GARDEN: Seeks Chapter 7 Bankruptcy in New York STONEYBROOK SPIRITS: Cash Collateral Hearing Set for April 9 SUNPOWER CORP: Cal. Agency Seeks to Remove Tax Dispute from Ch. 11 TAYLOR CHIP: Seeks Approval to Hire Pennoptic CPAs as Accountant TEAM 31 KASHMERE: Taps Stephen L. Burton as Bankruptcy Counsel THOMAS TRIO: Amy Denton Mayer Named Subchapter V Trustee TMC MAINTENANCE: Gets Final OK to Use Cash Collateral TOBIN'S TOWING: Case Summary & 19 Largest Unsecured Creditors TRANSITIONAL HOUSING: Hires Starks Development Group as Realtor TRI-CITY HOTELS: Hires Rountree Leitman Klein as Attorney TRI-STATE ENVIRONMENTAL: Yann Geron Named Subchapter V Trustee TRINSEO PLC: Moody's Cuts CFR to Ca, Appends PDR Limited Default TTW TRANSPORT: Court Tosses Revolorio, et al. Adversary Case TURNER DEVELOPMENT: Seeks to Hire Hirschler Fleischer as Counsel TURQUOISE LLC: Hires Day Rettig Martin PC as Counsel TWENTY EIGHT: Gets OK to Use Cash Collateral Until April 30 URGENT CARE: Gets Interim OK to Use Cash Collateral VALINA RELAX: Cash Collateral Hearing Set for June 2 VALVES AND CONTROLS: Seeks to Extend Plan Exclusivity to June 22 VCR I: Chapter 7 Trustee Not Entitled to Commission on Disbursement VILLAGE HOMES: Hires Weaver Tidwell to Provide Tax Services VILLAGE ROADSHOW: Plan Exclusivity Period Extended to July 10 W. JACKSON TRUCKING: Hires Crawley Law Firm P.A. as Attorney WAYNE CITY, MI: Moody's Upgrades Issuer & GOLT Ratings from Ba2 WAYNE P. JUSTICE: Daniel Etlinger Named Subchapter V Trustee WEST 70TH OWNERS: Case Summary & 13 Unsecured Creditors WORLD FOOD IMPORTS: Commences Chapter 7 Bankruptcy in Texas YELLOW CORP: Gets Court OK for Majority of $1.4B Pension Deals ********* 25 AUGUSTA: Seeks to Hire Bach Law Offices as Bankruptcy Counsel ---------------------------------------------------------------- 25 Augusta, LLC seeks approval from the U.S. Bankruptcy Court for the Northern District of Illinois to hire Bach Law Offices, Inc. as counsel. The firm will render these services: (a) negotiate with creditors; (b) prepare a plan and disclosures statement; (c) examine and resolve claims filed against the estate, preparation and prosecution of adversary matters; and (d) represent the Debtor in matters before this Court. The firm's attorneys will be paid at these hourly rates: Paul Bach, Esq. $425 Penelope Bach, Esq. $425 In addition, the firm will seek reimbursement for expenses incurred. The firm received a retainer of $15,000, plus filing fee of $1,738. Mr. Bach disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Paul M. Bach, Esq. Bach Law Offices, Inc. P.O. Box 1285 Northbrook, IL 60062 Telephone: (847) 564-0808 About 25 Augusta, LLC 25 Augusta, LLC, a private limited-liability company, is principally a real-estate holding entity associated with the ownership of a multi-family residential property in the West Town/Ukrainian Village area of Chicago. 25 Augusta, LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ill. Case No. 26-04618) on March 16, 2026, listing $1 million to $10 million in both assets and liabilities. The petition was signed by Monserrate Hernandez as member. Paul M. Bach, Esq. at BACH LAW OFFICES serves as the Debtor's counsel. A & A BODY WORKS: Court Extends Cash Collateral Access to April 30 ------------------------------------------------------------------ The U.S. Bankruptcy Court for the Northern District of Illinois issued a second interim order allowing A & A Body Works On Grand, Inc. to use cash collateral. Under the second interim order, the Debtor is authorized to use cash collateral through April 30 in accordance with a court-approved budget, with up to a 10% variance. As adequate protection, secured parties including ECapital Loan Fund III, LP and taxing authorities will be granted replacement liens on post-petition assets with the same priority as their prepetition interests. Additional protections include inspection rights, mandatory insurance coverage, and maintenance of collateral. The Debtor must provide monthly financial reporting, including invoices and bank statements, and submit a future operating budget by April 236. A continued hearing is scheduled for April 29. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/rF9cg from PacerMonitor.com. About A & A Body Works On Grand Inc. A & A Body Works On Grand, Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 26-03824) with $1 million to $10 million in both assets and laibilities. Angelo Resendez Jr., president, signed the petition. The Debtor is represented by: Gregory K. Stern, Esq. Gregory K. Stern, P.C. Tel: 312-427-1558 Email: greg@gregstern.com A-1 GRADING: Cash Collateral Hearing Set for April 9 ---------------------------------------------------- The U.S. Bankruptcy Court for the Eastern District of North Carolina, Raleigh Division is set to hold a hearing on April 9 to consider extending A-1 Grading, Inc.'s authority to use cash collateral. The Debtor was previously allowed to access cash collateral under the court's March 2 interim order. The interim order approved the payment of the Debtor's expenses from the cash collateral in accordance with its budget. The interim order granted the U.S. Small Business Administration and potential secured creditors protection through post-petition replacement liens on cash and inventory and a monthly payment of $594.88 to the SBA. Creditors that may claim security interests in A-1 Grading's assets through filed UCC-1 financing statements include the SBA, TD Bank, N.A., First Data Merchant Services, LLC, and ReadyCap Lending LLC. According to the Debtor, the SBA holds the primary secured claim based on a UCC-1 filing recorded in May 2020 that covers substantially all of its tangible and intangible personal property. The outstanding SBA loan balance is approximately $335,469, although the Debtor estimates that the total value of its assets at the time of the bankruptcy filing was only about $68,191. Because the collateral value is far lower than SBA's claim, most of SBA's debt will likely be treated as unsecured in the bankruptcy case, although SBA still retains the first-priority lien on the Debtor's assets. About A-1 Grading Inc. A-1 Grading, Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D.R.D. Case No. 26-00593) on February 9, 2026, listing assets of between $100,001 and $500,000 in assets and liabilities of between $1 million and $10 million. Judge Hon. Pamela W. Mcafee oversees the case. The Debtor is represented by Danny Bradford, Esq., at Paul D. Bradford, PLLC. A2K FASHION: Gets Interim OK to Use Cash Collateral Until April 22 ------------------------------------------------------------------ The U.S. Bankruptcy Court for the Southern District of Florida, Miami Division, granted A2K Fashion Corp. interim approval to use cash collateral. The court allowed the Debtor to use cash collateral through April 22, finding it necessary to maintain operations and support reorganization. The Debtor may use funds in the ordinary course of business under an approved interim budget, with a 10% variance limit per line item or in total unless otherwise approved. All income, both pre- and post-petition, must be deposited into the debtor-in-possession account. The funds are to be used strictly for operating and administrative expenses, ensuring the business can continue functioning during the bankruptcy process. As adequate protection, the U.S. Small Business Administration will be granted a replacement lien on post-petition assets, maintaining its pre-petition lien position. The order is temporary and without prejudice to creditor rights. A final hearing is scheduled for April 22. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/HBj5c from PacerMonitor.com. About A2K Fashion Corp. A2K Fashion Corp. doing business as Dress Hall Miami, is a retailer and wholesaler of contemporary women's clothing, offering a range of dresses, tops, bottoms, outerwear, jumpsuits, and sets, including a plus-size selection, through its online platform and wholesale channels, serving fashion-conscious customers and boutique clients since 2013. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-12400) on February 26, 2026. In the petition signed by Tae Hwan Kim, CFO, the Debtor disclosed $68,190 in assets and $1,953,338 in liabilities. Judge Laurel M. Isicoff oversees the case. Chad Van Horn, Esq., at VAN HORN LAW GROUP, P.A., represents the Debtor as legal counsel. ACCENT COMFORT: Hearing Today on Bid to Use Cash Collateral ----------------------------------------------------------- The U.S. Bankruptcy Court for the Western District of North Carolina, Charlotte Division, is set to hold a hearing today to consider extending Accent Comfort Services, LLC's authority to use cash collateral. The Debtor was previously allowed to access cash collateral under the court's March 2 second interim order. Under the second interim order, the Debtor was authorized to pay its operating expenses from the cash collateral in accordance with its budget and granted secured creditors replacement liens on post-petition property and proceeds, with the same priority and extent as their pre-petition liens. The Debtor has identified Newtek Small Business Finance, LLC, C T Corporation System, Corporation Service Company, Family Funding Group, LLC and QFS Capital, LLC as the creditors that may have interest in the cash collateral. The Debtor said it has not yet fully reviewed all the documents associated with those creditors due to the emergency nature of its Chapter 11 filing. About Accent Comfort Services LLC Accent Comfort Services, LLC, doing business as Accent Heating and Cooling, provides residential and commercial heating, air conditioning, plumbing, electrical, ventilation, and remodeling services, including emergency response, in Charlotte, North Carolina, and parts of South Carolina. Founded in 2005, the Charlotte-based family business operates across multiple cities in both states, offering HVAC and related system maintenance and repair. Accent Comfort Services, LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. W.D.N.C. Case No. 26-30097) on January 27, 2026, listing $500,000 to $1 million in assets and $1 million to $10 million in liabilities. The petition was signed by Frank C. Celeste as officer. Judge Laura T Beyer presides over the case. John C. Woodman, Esq. at ESSEX RICHARDS PA serves as the Debtor's counsel. AFB RESTAURANTS: Gets Extension to Access Cash Collateral --------------------------------------------------------- AFB Restaurants, Inc. received another extension from the U.S. Bankruptcy Court for the Northern District of California, Oakland Division, to use cash collateral on the same terms and conditions as previously ordered. The court authorized the Debtor to use cash collateral through April 15 or until confirmation of a Chapter 11 plan, whichever occurs first. The Debtor's cash collateral consists of funds in its deposit accounts and amounts held by credit card servicers or third-party delivery services. Three creditors are believed to claim an interest in the Debtor's collateral: Black Olive Capital, LLC, Fintegra, and the California Department of Tax and Fee Administration. CDTFA asserts a $220,624.78 claim for unpaid sales taxes, while the other creditors assert liens on the Debtor's receivables under their 2024 merchant agreements. About AFB Restaurants AFB Restaurants, Inc., doing business as Manakash Oven & Grill, is a provider of catering for Mediterranean food in Walnut Creek, Calif. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Calif. Case No. 24-41235) on August 16, 2024, with $32,470 in assets and $1,103,058 in liabilities. Christopher Hayes serves as Subchapter V trustee. Judge Charles Novack oversees the case. The Debtor tapped John G. Downing, Esq., at Downing Law Offices, P.C. as bankruptcy counsel and SF Bay Financial, Inc. as accountant. ALL 4 HIM: Has Until April 21 to Use Cash Collateral ---------------------------------------------------- All 4 Him, LLC has been given until April 21 to use the cash collateral of its secured creditors to fund its operations. Under the agreed order entered by the U.S. Bankruptcy Court for the Western District of Kentucky, Louisville Division, the Debtor is authorized to use cash collateral to pay post-petition expenses, including trade payables, taxes, insurance, utilities, administrative expenses, and "adequate protection" payments. As protection, secured creditors were granted replacement liens on post-petition assets similar to their pre-bankruptcy collateral. The order includes a carveout of up to $15,000 for professional fees, with required monthly deposits into escrow. As of the petition date, these creditors had asserted interests in the Debtor's assets: the U.S. Small Business Administration, Corporation Service Company, as representative of iBusiness Funding, and First Corporate Solutions, as representative of an unidentified secured party. The Debtor obtained a loan from the SBA for $518,500 and $107,519.58 from iBusiness Funding, formerly known as FC Marketplace, LLC prior to its bankruptcy filing. About All 4 Him LLC All 4 Him LLC owns a single-family home at 131 Laurel Dr, Bardstown, KY 40004. All 4 Him LLC sought relief under Subchapter V o Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Ky. Case No. 25-32491) on October 14, 2025. In its petition, the Debtor reports estimated assets between $100,000 and $500,000 and estimated liabilities between $1 million and $10 million. Honorable Bankruptcy Judge Charles R. Merrill handles the case. The Debtor is represented by Charity S. Bird, Esq., at Kaplan Johnson Abate & Bird, LLP. ALPINE CORP: Seeks to Hire Azadegan Law Group as Special Counsel ---------------------------------------------------------------- Alpine Corporation seeks approval from the U.S. Bankruptcy Court for the Central District of California to employ Azadegan Law Group, APC as special counsel. The firm will represent the Debtor in the matter pending in the Superior Court of the State of California entitled Alpine Corporation, Aspen Peak Corp, Garden Plus Sales v Transcend Logistics, LLC, Michael Sacco, Joseph A. Furnari, Michael A. Furnari (Case No. 24STCV10701). The firm will receive as a fee the sum of 20% of any and all gross monetary recovery obtained by way of settlement, trial, arbitration, mandatory settlement or settlement obtained through medication, including punitive damages awards. The firm neither holds nor represents any interest materially adverse to the interest of the estate, according to court filings. The firm can be reached through: Ramin Azadegan, Esq. Azadegan Law Group, APC 9100 Wilshire Blvd #710e Beverly Hills, CA 90212 Phone: (310) 340-1550 Email: ramin@raminlaw.com About Alpine Corporation Alpine Corporation, founded in 1999 and based in California, designs, imports, and distributes home, garden, and holiday products, offering a range that includes outdoor lighting, fountains, planters, garden decor, seasonal items, and innovative new products such as Bluetooth speakers. The Company operates an in-house design team known for producing decorative and functional pieces, and maintains a global sourcing operation to ensure quality, competitive pricing, and timely delivery. Alpine serves both retail stores and online customers through its platform, positioning itself in the home and garden products industry. Alpine Corporation sought protection under Chapter 11 of the Bankruptcy Code (Bankr. C.D. Cal. Case No. 2:26-10067) on January 5, 2026. At the time of the filing, the Debtor disclosed up to $50 million in both assets and liabilities. Honorable Judge Neil W. Bason oversees the case. Kogan Law Firm, APC is the Debtor's counsel. ALTAR BIDCO: Moody's Affirms 'B2' CFR, Outlook Remains Stable ------------------------------------------------------------- Moody's Ratings affirmed the credit ratings of Altar BidCo, Inc. ("Brooks Automation" or "Brooks"), including its B2 Corporate Family Rating, B2-PD Probability of Default Rating, its B1 Senior Secured First Lien Bank Credit Facilities ratings (Term Loan and Revolving Credit Facility), and its Caa1 Senior Secured Second Lien Term Loan rating. The outlook remains stable. The stable outlook reflects expectations that transformation expenses related to building a new factory and distribution center in Malaysia, establishing a shared services center in India, and rolling out a new global ERP system, will significantly decline in FY 2026, leading to improved margins from efficiency gains related to these investments together with the phasing out of one-time costs for these initiatives. These factors, along with expected topline growth in 2026, should lead to improved credit metrics, with debt-to-EBITDA (Moody's adjusted) of around 6x and free cash flow to debt approaching the mid single digit range. RATINGS RATIONALE The B2 CFR reflects the company's elevated financial leverage, which has remained challenged by non-recurring investments as well as limited growth in China due to export contrls, and overall revenue pressures with some customers that have slowed down spending in recent historical periods. The company's customer concentration, cyclicality, and acquisitive appetite are also factors in its credit profile. These items are balanced by a leading position in semiconductor manufacturing automation equipment and contamination control systems, expectations that the market will improve strongly in 2026 driven mainly by AI and advanced packaging applications, and a decline in special investments that will benefit the cost structure primarily in 2026, resulting in improved credit metrics. The company will also benefit from design-in-wins with major players in the semiconductor industry, which will result in solid revenue growth as those programs ramp up. Liquidity is adequate, characterized by a $75 million cash balance at Septemeber 30, 2025, an undrawn $225 million revolving credit facility due 2029 (pro forma for the Q4 2025 incremental debt transaction) and expectations of about $50 million of free cash flow in FY 2026, after a free cash flow negative YTD 2025 impacted by special investments, revenue slowdown, and working capital dynamics related to the added manufacturing buildout, tariffs, and changes in revenue mix which impacted supply chain efficiencies. Annual mandatory debt amortization is close to $10 million. The revolving credit facility contains a springing first lien net leverage ratio of 9.0x, which is triggered if borrowings exceed 40% of revolving commitments. Moody's do not expect the covenant to be triggered over the next 12-18 months, and if it was, Moody's would expect that the company would comply with a sufficient cushion. FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS The ratings could be downgraded with erosion of equipment demand or loss of market share, debt-to-EBITDA (Moody's-adjusted) failing to return to under 6.5x and remaining there on a sustained basis, free cash flow to debt sustained in the low single digit range, weak liquidity, and/or increasingly aggressive financial policies including debt-financed dividends or sizable acquisitions. The ratings could be upgraded if the company diversifies into new markets while maintaining profitability margins, debt-to-EBITDA is sustained below 4.5x, free cash flow to debt is maintained above 10%, and the company maintains a more conservative financial policy. Altar BidCo, Inc. ("Brooks Automation" or "Brooks") manufactures precision vacuum robotics, integrated automation systems and contamination control solutions for semiconductor chip makers and equipment manufacturers. The company also manufactures laboratory automation equipment, within its Emerging Automation segment. The company is owned by private equity firm, Thomas H. Lee Partners L.P. Revenue for the LTM ended September 30, 2025 was approximately $900 million. The principal methodology used in these ratings was Semiconductors published in October 2025. The B2 CFR is two notches above the scorecard-indicated outcome of Caa1. The difference results mainly from large investments in 2025 that weighed on earnings and cash flows and that are expected to largely go away in 2026. AMERICA'S LISTING: Hires Johnson Pope Bokor as Legal Counsel ------------------------------------------------------------ America's Listing Leaders, LLC d/b/a Ideal Agent seeks approval from the U.S. Bankruptcy Court for the Middle District of Florida to employ Johnson Pope Bokor Ruppel & Burns, LLP as counsel. The firm will render these services: (a) advise the Debtor with respect to its duties and obligations; (b) take necessary steps to analyze and pursue any avoidance actions, if in the best interest of the estate; (c) prepare on behalf of the Debtor necessary legal papers required in this Chapter 11 case; (d) assist the Debtor in taking all legally appropriate steps to effectuate compliance with the Bankruptcy Code; (e) perform all other legal services for the Debtor which may be necessary herein; and (f) provide advice and legal counsel on healthcare related matters and regulatory compliance. The firm will be paid at these rates: Alberto Gomez, Esq. $525 Michael Markham, Esq. $475 The Debtor paid the firm a retainer of $40,000, plus a filing fee of $1,738 from the Debtor. Mr. Gomez 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: Alberto F. Gomez, Jr., Esq. Johnson Pope Bokor Ruppel & Burns, LLP 400 N. Ashley Drive, Suite 3100 Tampa, FL 33602 Telephone: (813) 225-2500 Email: al@jpfirm.com About America's Listing Leaders, LLC d/b/a Ideal Agent America's Listing Leaders, Inc. is a real estate services company operating in Northwest Indiana, offering residential property transactions including buying, selling, and renting homes. The company provides tools for property search, market reports, and home valuations, and supports clients with access to brokers, home loans, and real estate education. Its platform emphasizes interactive features and local expertise to connect clients with properties across multiple cities in the region. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-01576) on Feb. 27, 2026, with $100,000 to $500,000 in assets and $1 million to $10 million in liabilities. Stephen Johnston, chief executive officer, signed the petition. Alberto F. Gomez, Jr., Esq., at Johnson, Pope, Bokor, Ruppel & Burns, LLP represents the Debtor as legal counsel. ANDERSON HAY: Hires Chuck Yarbro Auctioneers Inc. as Auctioneer --------------------------------------------------------------- Anderson Hay Enterprise, Inc. seeks approval from the U.S. Bankruptcy Court for the Eastern District of Washington to employ Chuck Yarbro Auctioneers, Inc. as auctioneer. Yarbro Auctioneers will prepare for, advertise, and conduct a public auction of certain pieces of equipment and vehicles. The auctioneer will receive a commission equal to 10 percent of the gross auction proceeds. The firm will seek reimbursement for reasonable out-of-pocket expenses. Yarbro Auctioneers is a "disinterested person" as that phrase is defined in section 101(14) of the Bankruptcy Code (as modified by section 1103(b) of the Bankruptcy Code), according to court filings. The firm can be reached through: Jacob Barth Chuck Yarbro Auctioneers, Inc. 2566 N Frontage Rd NE Moses Lake, WA 98837 Phone: (509) 765-6869 About Anderson Hay Enterprise, Inc. Anderson Hay Enterprise, Inc., together with its subsidiaries, supplies Pacific Northwest-grown forage products, including three-tie hay, bagged forage, compressed hay, and MAG bales, serving both consumer and commercial markets such as horse owners, small-acreage farms, retailers, and agricultural operations. The Company operates domestically and internationally, distributing hay to partners in more than 30 countries. Founded in 1960 and family-led since its inception, it focuses on producing consistent forage and maintaining long-term relationships across its supply chain. The Debtors sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Lead Case No. 25-02074) on November 26, 2025. In the petition signed by Steve Gordon, CFO, the Debtor disclosed up to $50 million in assets and up to $100 million in liabilities. Judge Whitman L. Holt oversees the case. James L. Day, Esq., at Bush Kornfeld LLP, represents the Debtor as legal counsel. ANTHONY PETTEGROW: Lobster 207 Loses Bid to Dismiss Adversary Case ------------------------------------------------------------------ Judge Peter G. Cary of the United States Bankruptcy Court for the District of Maine denied the motion of Lobster 207, LLC to dismiss the amended complaint filed by Anthony D. Pettegrow and Josette G. Pettegrow in the adversary proceeding captioned as ANTHONY D. PETTEGROW and JOSETTE G. PETTEGROW, Plaintiffs, v. LOBSTER 207, LLC, Defendant, Adv. Proc. No. 25-1002 (Bankr. D. Me.), By their complaint, the Pettegrows seek, inter alia, to avoid under 11 U.S.C. Sec. 544 and 14 M.R.S. Secs. 3576 and 3578 certain liens held by L207. In its motion, L207 contends that: (a) the Pettegrows were not, as a matter of law, insolvent for the purposes of the Maine Uniform Fraudulent Transfer Act ("MUFTA"), notwithstanding their inability to pay debts as they come due, if the value of their assets exceeded their liabilities on the date of the subject transfers; and (b) the Court is entitled to take judicial notice of the schedules and statements filed by the Pettegrows in their chapter 11 case, commenced on October 1, 2025, to determine that their assets exceeded their liabilities when L207 recorded its liens on July 18, 22, and 25 of 2025. The Court accepts as true the Pettegrows' allegation that they were unable to pay at least two debts when they came due; (1) a debt in the amount of at least $247,000.00 owed to Troutman, Pepper, Hamilton, Sanders LLP; and (2) the $3,481,498.85 Consent Judgment owed to L207. L207 concedes that, in alleging an inability to pay those debts, the Pettegrows likely satisfied the presumption of insolvency under 14 M.R.S. Sec. 3573(2) but argues that this presumption is successfully rebutted if the Pettegrows were solvent on a balance sheet basis at the time of the transfers. Although the Court agrees with L207 on the first argument, the motion is denied because, taking all facts pled as true, L207 is unable to successfully rebut the presumption of insolvency. For L207 to successfully establish a basis for dismissal under Fed. R. Civ. P. 12(b)(6), it must also show that the Court has ready knowledge that the value of the Pettegrows' assets exceeded their liabilities on the date of transfer. The Court need not tackle this argument, however, because even if the Court were to take judicial notice of the contents of the schedules, those schedules show the Pettegrows' assets and liabilities as of October 1, 2026; not the date of the transfers. A pretrial conference is scheduled for April 15, 2026. A copy of the Court's Order dated March 26, 2026, is available at http://urlcurt.com/u?l=bf90rffrom PacerMonitor.com. Anthony D. Pettegrow and Josette G. Pettegrow sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Maine, Case No. 25-10186) on Oct. 1, 2025. APPALACHIAN PRODUCER: Hires Joseph P. Rewis as Special Counsel -------------------------------------------------------------- Appalachian Producer Services Corp. seeks approval from the U.S. Bankruptcy Court for the Western District of Pennsylvania to hire Joseph P. Rewis & Associates, LLC to serve as special counsel. The Debtor requires special counsel to prosecute its claims and interests. The firm will defend, litigate, negotiate or otherwise bring about a final resolution to such matter. The firm will be paid at these rates: Joseph P. Rewis, Esq. $300 per hour Richard T. Haft, Esq. $300 per hour Cody R. Wilkerson $250 per hour The firm shall receive a retainer in the amount of $5,000. As disclosed in the court filings, Joseph P. Rewis & Associates, LLC is a disinterested person as defined in 11 U.S.C. Sec. 101 (14). The firm can be reached through: Joseph P. Rewis, Esq. Joseph P. Rewis & Associates, LLC 234 Shiloh Street, Pittsburgh, PA 15211 Tel: (412) 431-7770 Fax: (412) 431-7777 About Appalachian Producer Services Corp. Appalachian Producer Services Corp. sought protection under Chapter 11 of the Bankruptcy Code (Bankr. W.D. Pa. Case No. 25-22299) on Aug. 29, 2025. At the time of the filing, the Debtor estimated assets of between $0 to $50,000 and liabilities of between $100,001 to $500,000. Judge Jeffery A. Deller oversees the case. Thompson Law Group, P.C., is the Debtor's legal counsel. AVENGER FLIGHT: Committee Hires Willkie Farr as Co-Counsel ---------------------------------------------------------- The official committee of unsecured creditors of Avenger Flight Group, LLC seeks approval from the U.S. Bankruptcy Court for the District of Delaware to employ Willkie Farr & Gallagher LLP as co-counsel. The firm's services include: a. advising the Committee in connection with its powers and duties under the Bankruptcy Code, the Bankruptcy Rules, and the Local Rules; b. assisting and advising the Committee in its consultation with the Debtors relative to the administration of the Chapter 11 Cases; c. attending meetings and negotiating with the Debtors' professionals and other parties-in-interest; d. assisting and advising the Committee in its examination and analysis of the conduct of the Debtors' affairs; e. assisting and advising the Committee in connection with any sale of the Debtors' assets pursuant to section 363 of the Bankruptcy Code; f. assisting the Committee in the review, analysis, and negotiation of any Chapter 11 plan(s) of reorganization or liquidation that may be filed, and assisting the Committee in the review, analysis, and negotiation of the disclosure statement accompanying any such plan(s); g. taking all necessary actions to protect and preserve the interests of the Committee; h. generally preparing on behalf of the Committee all necessary motions, applications, answers, orders, reports, replies, responses, and other papers in support of positions taken by the Committee; i. appearing, as appropriate, before this Court, the appellate courts, and the U.S. Trustee, and protecting the interests of the Committee before those courts and the U.S. Trustee; and j. performing all other necessary legal services in the Chapter 11 Cases. The firm will be paid at these rates: Partners and Senior Counsel $1,950 to $2,795 per hour Associates, Counsel, Other/ Attorneys, and Law Clerks $790 to $1,850 per hour Paraprofessionals $420 to $680 per hour The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. In addition, the firm will seek reimbursement for its out-of-pocket expenses. The following is provided in response to the requests 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: N/A. Question: Has your client approved your prospective budget and staffing plan, and, if so for what budget period? Response: Willkie expects to develop a budget and staffing plan to reasonably comply with the U.S. Trustee's request for information and additional disclosures, as to which Willkie reserves all rights. The Committee has approved Willkie's proposed hourly billing rates. Mr. Miller 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: Brett H. Miller, Esq. Todd M. Goren, Esq. James H. Burbage, Esq. Joseph R. Brandt, Esq. Willkie Farr & Gallagher LLP 787 Seventh Avenue New York, NY 10019-6099 Telephone: (212) 728-8000 Email: bmiller@willkie.com tgoren@willkie.com jburbage@willkie.com jbrandt@willkie.com About Avenger Flight Group, LLC Avenger Flight Group LLC provide low-cost training solutions for clients while preserving value, a high degree of quality and customer service at all times. It has tailor-made its services toward rapidly growing Low Cost Carriers (LCC) which had been neglected in many occasions by other training providers. AFG has become the preferred training center for many US and international airlines, especially LCCs. Avenger Flight sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bank. D. Dela. Case No. 26-10183) on February 12, 2026. Judge Mary F. Walrath oversees the case. Steven W. Golden at Pachulski Stang Ziehl & Jones LLP represents the Debtor as legal counsel. AVENGER FLIGHT: Committee Taps FTI Consulting as Financial Advisor ------------------------------------------------------------------ The official committee of unsecured creditors of Avenger Flight Group, LLC seeks approval from the U.S. Bankruptcy Court for the District of Delaware to employ FTI Consulting, Inc. as financial advisor. The firm's services include: (a) reviewing financial related disclosures required by the Court, including the Debtors' Schedules of Assets and Liabilities, Statements of Financial Affairs, and Monthly Operating Reports; (b) preparing analyses required to assess any proposed debtor-in-possession financing or use of cash collateral; (c) assessing and monitoring the Debtors' short term cash flow, liquidity, and operating results; (d) reviewing the Debtors' proposed employee compensation and benefits programs; (e) reviewing the Debtors' potential disposition or liquidation of both core and noncore assets; (f) reviewing the Debtors' cost/benefit analysis with respect to the assumption or rejection of various executory contracts and leases; (g) reviewing the Debtors' identification of potential cost savings, including overhead and operating expense reductions and efficiency improvements; (h) reviewing and monitoring the asset sale process, including, but not limited to, assessing the adequacy of the marketing process, completeness of any buyer lists, and review and quantifications of any bids; (i) reviewing any tax issues associated with, among other things, claims/stock trading, preservation of net operating losses, refunds due to the Debtors, chapter 11 plans, and asset sales; (j) reviewing the claims reconciliation and estimation process; (k) evaluating entity-level creditor recoveries; (l) reviewing other financial information prepared by the Debtors, including, but not limited to, cash flow projections and budgets, business plans, cash receipts and disbursement analysis, asset and liability analysis, and the economic analysis of proposed transactions for which Court approval is sought; (m) attending meetings and assisting in discussions with the Debtors, potential investors, banks, secured lenders, the Committee and any other official committees organized in these Chapter 11 Cases, the U.S. Trustee, and other parties in interest and professionals hired by the same, as requested; (n) reviewing and/or preparing information and analysis necessary for the confirmation of a plan and related disclosure statement in these Chapter 11 Cases; (o) evaluating and analyzing avoidance actions, including fraudulent transfers and preferential transfers; (p) assisting in the prosecution of Committee responses/objections to the Debtors' motions, including attendance at depositions and provision of expert reports/testimony on case issues as required by the Committee; and (q) rendering such other general business consulting or such other assistance as the Committee or its counsel may deem necessary that are consistent with the role of a financial advisor and not duplicative of services provided by other professionals in these Chapter 11 Cases. The firm will be paid at these rates: Senior Managing Directors $1,270 to 1,495 per hour Directors/Senior Directors/ Managing Directors $940 to 1,195 per hour Consultants/Senior Consultants $535 to 850 per hour Administrative/Paraprofessionals $195 to 395 per hour The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Conor Tully, a member at FTI Consulting, 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: Conor P. Tully FTI Consulting Inc. 4835 East Cactus Road, Suite 230 Scottsdale, AZ 85254 About Avenger Flight Group, LLC Avenger Flight Group LLC provide low-cost training solutions for clients while preserving value, a high degree of quality and customer service at all times. It has tailor-made its services toward rapidly growing Low Cost Carriers (LCC) which had been neglected in many occasions by other training providers. AFG has become the preferred training center for many US and international airlines, especially LCCs. Avenger Flight sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bank. D. Dela. Case No. 26-10183) on February 12, 2026. Judge Mary F. Walrath oversees the case. Steven W. Golden at Pachulski Stang Ziehl & Jones LLP represents the Debtor as legal counsel. AVENGER FLIGHT: Committee Taps Womble Bond as Delaware Co-Counsel ----------------------------------------------------------------- The official committee of unsecured creditors of Avenger Flight Group, LLC seeks approval from the U.S. Bankruptcy Court for the District of Delaware to employ Womble Bond Dickinson (US) LLP as Delaware co-counsel. The firm's services include: -- providing legal advice as necessary with respect to the Committee's powers and duties as an official committee appointed under Bankruptcy Code section 1102; -- assisting the Committee in investigating the acts, conduct, assets, liabilities, and financial condition of the Debtors, the operation of the Debtors' businesses, potential claims, and any other matters relevant to these cases, to the sale of assets, or to the formulation of a plan of reorganization or liquidation (a "Plan"); -- participating in the formulation of a Plan; -- providing legal advice as necessary with respect to any disclosure statement and Plan filed in these cases and with respect to the process for approving or disapproving disclosure statements and confirming or denying confirmation of a Plan; -- preparing on behalf of the Committee, as necessary, applications, motions, objections, complaints, answers, orders, agreements, and other legal papers; -- appearing in Court to present necessary motions, applications, objections, and pleadings, and otherwise protecting the interests of those represented by the Committee; -- assisting the Committee in requesting the appointment of a trustee or examiner, should such action be necessary; and -- performing such other legal services as may be required and as are in the best interests of the Committee and creditors. The firm will be paid at these rates: Partners $405 to $1,800 per hour Of Counsel $535 to $1,100 per hour Senior Counsel $185 to $1,075 per hour Counsel $185 to $930 per hour Associates $325 to $865 per hour Paralegals $115 to $600 per hour The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Consistent with the United State Trustees' Appendix B - Guidelines for Reviewing Applications for Compensation and Reimbursement of Expenses Filed Under 11 U.S.C. 330 by Attorneys in Larger Chapter 11 Cases (the "U.S. Trustee Guidelines"), which became effective on November 1, 2013, I state as follows: (a) WBD did not agree to a variation of its standard and customary billing arrangements for the engagement; (b) WBD's professionals included in the engagement have not varied their rates based on the geographic location of these Chapter 11 Cases; (c) WBD did not represent the Committee prior to the Petition Date; and (d) The Committee has approved WBD's proposed hourly billing rates, staffing plan, and fee carve out. In accordance with the U.S. Trustee Guidelines, each may be amended as necessary to reflect changed or unanticipated developments in these Chapter 11 Cases. Mr. Ward 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 P. Ward, Esq. Todd A. Atkinson, Esq. Womble Bond Dickinson (US) LLP 1313 North Market Street, Suite 1200 Wilmington, DE 19801 Tel: (302) 252-4320 Fax: (302) 252-4330 Email: matthew.ward@wbd-us.com todd.atkinson@wbd-us.com About Avenger Flight Group, LLC Avenger Flight Group LLC provide low-cost training solutions for clients while preserving value, a high degree of quality and customer service at all times. It has tailor-made its services toward rapidly growing Low Cost Carriers (LCC) which had been neglected in many occasions by other training providers. AFG has become the preferred training center for many US and international airlines, especially LCCs. Avenger Flight sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bank. D. Dela. Case No. 26-10183) on February 12, 2026. Judge Mary F. Walrath oversees the case. Steven W. Golden at Pachulski Stang Ziehl & Jones LLP represents the Debtor as legal counsel. AXIP ENERGY: Court Approves $161M Asset Sale to Service Compression ------------------------------------------------------------------- Axip Energy Services, LP and certain of its affiliates and Service Compression, LLC announced on April 7, 2026, that the United States Bankruptcy Court for the Southern District of Texas has approved an Asset Purchase Agreement for the sale of substantially all of Axip's assets and business operations to Service Compression for a purchase price of $161 million, subject to adjustment, in connection with Axip's court-supervised Chapter 11 sale process. Through the Stalking Horse APA, Service Compression, a leading provider of natural gas compression services, established a strong baseline offer for substantially all of Axip's assets. The approved transaction represents a value-maximizing outcome for all stakeholders and ensures continuity of Axip's operations for its customers and vendors under new ownership. "Receiving Court approval is a significant milestone that brings us a step closer to securing a strong future for the business under new ownership," said Ben Chesters, Chief Restructuring Officer. "We are working closely with Service Compression to ensure a seamless transition for our partners, and remain focused on delivering the safe, reliable compression services our customers depend on through the close of this transaction." "This transaction expands our capabilities and reach, further strengthening Service Compression's position as a leading provider of natural gas compression services in the United States," said Rhett Newberry, CEO of Service Compression. "We are committed to delivering enhanced service and expanded capabilities to our existing customers and partners as well as to Axip's customers following the close of the transaction." The sale transaction is expected to close next week, subject to customary closing conditions. Additional information about Axip's Chapter 11 process is available through the Company's claims agent, Epiq, at https://dm.epiq11.com/AXIP. Stakeholders with questions can contact Epiq by calling (877) 741-6428 (U.S./Canada) or (503) 713-6160 (International) or emailing AXIP@epiqglobal.com. Advisors Vinson & Elkins LLP is serving as legal advisor, Ankura Consulting Group LLC is serving as the restructuring advisor, Evercore is serving as financial advisor, and C Street Advisory Group is serving as strategic communications advisor to the Company. Willkie Farr & Gallagher LLP is serving as legal advisor and Moelis & Company is serving as financial advisor to Service Compression. 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: Seeks to Hire Davis Polk & Wardwell as Counsel ----------------------------------------------------------- Axip Energy Services, LP and affiliates seek approval from the U.S. Bankruptcy Court for the Southern District of Texas to employ Davis Polk & Wardwell LLP as counsel to the Independent Member. Davis Polk will render legal services at the sole direction of Peter Laurinaitis in his capacity as executive committee independent member to the Executive Committee of E3 Compression Holdings LLC. The firm will render these services: (a) provide legal counsel with respect to the investigation into the historical transactions of the Company and its affiliated entities, with a particular focus on transactions involving any of the Company's equity holders (direct or indirect), predecessors, successors, assigns, affiliates, subsidiaries, directors, managers, officers, or other stakeholders; (b) counsel the Independent Member with regard to his rights and obligations in connection with the Investigation; (c) analyze and assess any potential claims or causes of action that may exist on behalf of the Company against the Related Parties, insiders, or former insiders; (d) advise the Independent Member regarding the scope, merits, and strategic considerations related to the investigation and any potential claims; and (e) take any and all actions required to prosecute such claims on behalf of the Company as directed and determined by the Independent Member to the extent not be resolved consensually through a chapter 11 plan. The firm received an advance amount of $200,000 as retainer. Davis Polk is a "disinterested person," as such term is defined in section 101(14) of the Bankruptcy Code, as modified by section 1107(b) of the Bankruptcy Code, according to court filings. The firm can be reached through: Angela M. Libby, Esq. Davis Polk & Wardwell LLP 450 Lexington Avenue New York, NY 10017 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. BACCI CAFE: Court Extends Cash Collateral Access to May 12 ---------------------------------------------------------- Bacci Cafe & Pizzeria on Milwaukee Ave., Inc. received another extension from the U.S. Bankruptcy Court for the Northern District of Illinois, Eastern Division, to use cash collateral to fund operations. The court on April 6 issued its fourth interim order extending the Debtor's authority to use the cash collateral of the U.S. Small Business Administration through May 12 in accordance with its budget, which projects total monthly operational expenses of $145,862. The Debtor was previously authorized to access cash collateral under the court's third interim order entered on March 2. That authorization expired on April 7. The SBA, a pre-bankruptcy secured lender, asserts a senior, valid blanket lien on the Debtor's assets and cash proceeds, securing debt of at least $141,859.00. Additional subordinate lienholders include Bill Me Later/WebBank and Funding Metrics. As adequate protection, the SBA and subordinate lienholders will be granted replacement liens on substantially all assets of the Debtor, maintaining the same priority and validity as their pre-petition liens, along with a potential administrative expense claim under section 507(b) of the Bankruptcy Code. The Debtor must comply with the reporting, inspection, insurance, and collateral maintenance obligations. A further hearing is scheduled for May 11. The interim order is available at https://shorturl.at/svuaq from PacerMonitor.com. About Bacci Cafe & Pizzeria on Milwaukee Ave Inc. Bacci Cafe & Pizzeria on Milwaukee Ave, Inc. filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. N.D. Ill. Case No. 25-19761) on December 30, 2025, listing between $50,001 and $100,000 in assets and between $1 million and $10 million in liabilities. Judge Michael B. Slade presides over the case. Richard G. Larsen, Esq., at Springer Larsen, LLC represents the Debtor as legal counsel. BAER & ASSOCIATES: Gets Final OK to Use Cash Collateral ------------------------------------------------------- The U.S. Bankruptcy Court for the District of Kansas issued a final order allowing Baer & Associates, Inc. to use cash collateral. The court authorized the use of cash collateral through July 31, subject to the Debtor substantially following its projected budget, with up to a 15% variance allowed per expense category. Additionally, the Debtor must deposit $1,000 per month for three months (March through May) with its attorney to hold in trust as a retainer for the Subchapter V trustee's compensation. The court found that Baer & Associates continues to operate as a debtor-in-possession and owns assets such as bank accounts and accounts receivable. The U.S. Small Business Administration is believed to hold senior UCC-1 liens on these assets, including the cash collateral. The court noted that the amount owed to the SBA exceeds the total value of the Debtor's assets, making the SBA the primary secured creditor with an interest in the collateral. To protect the secured creditor, the court required the Debtor to make monthly adequate protection payments of $2,159 to the SBA until further court order. The Debtor was also required to follow its submitted cash flow projections for business expenses. The order preserves all parties' rights and does not determine final rights, claims, or lien priorities regarding the Debtor's assets. The order is available at http://bankrupt.com/misc/BaerAssociates_FinalCCOrder.pdf About Baer & Associates Inc. Baer & Associates, Inc. based in Prairie Village, Kansas, provides custom and innovative packaging solutions for manufacturers and businesses across various industries. The company offers sustainable and specialized packaging products, emphasizing supply chain support, food safety, and client-focused service. Founded in 1981, it serves both stock and custom packaging needs through its U.S. Operations. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Kan. Case No. 26-20151) on February 4, 2026. In the petition signed by Patrick M. Loftus, president, the Debtor disclosed up to $500,000 in assets and up to $10 million in liabilities. Judge Dale L. Somers oversees the case. Gary Mardian, Esq., at Weisner & Frackowiak, LC, represents the Debtor as legal counsel. BETTER MOTOR: Brian Shapiro Named Subchapter V Trustee ------------------------------------------------------ The U.S. Trustee for Region 17 appointed Brian Shapiro as Subchapter V trustee for Better Motor Works, Inc. Mr. Shapiro will be paid an hourly fee of $650 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: Brian Shapiro 510 S. 8th Street Las Vegas, NV 89101 Phone: (702) 386-8600 Email: brian@trusteeshapiro.com About Better Motor Works Inc. Better Motor Works, Inc is a Nevada corporation operating as European Motor Cars. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Nev. Case No. 26-11788-nmc) on March 23, 2026. In the petition signed by Daniel W. Dunphy, president, the Debtor disclosed up to $500,000 in assets and up to $1 million in liabilities. Judge Natalie M. Cox oversees the case. Matthew C. Zirzow, Esq., at Larson & Zirzow, LLC, represents the Debtor as legal counsel. BRIGHT STAR: Angela Shortall of 3Cubed Named Subchapter V Trustee ----------------------------------------------------------------- The Acting U.S. Trustee for Region 4 appointed Angela Shortall of 3Cubed Advisory Services, LLC as Subchapter V trustee for Bright Star Early Learning, LLC. Ms. Shortall will be paid an hourly fee of $525 for her services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Ms. Shortall declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Angela L. Shortall 3Cubed Advisory Services, LLC 111 S. Calvert St., Suite 1400 Baltimore, MD 21202 Phone: 410-783-6385 About Bright Star Early Learning Bright Star Early Learning, LLC is a childcare provider operating multiple locations in Maryland. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Md. Case No. 26-12988) on March 20, 2026. In the petition signed by Elizabeth Rosiak, owner and director, the Debtor disclosed up to $50,000 in assets and up to $500,000 in liabilities. Jeffrey Orenstein, Esq., at Wolff & Orenstein LLC, represents the Debtor as legal counsel. BUCKINGHAM SENIOR: No Patient Care Concern, 2nd PCO Report Says --------------------------------------------------------------- Susan Goodman, the patient care ombudsman, filed with the U.S. Bankruptcy Court for the Northern District of Texas her second report regarding the quality of patient care provided by Buckingham Senior Living Community, Inc. Since filing the First Report, the PCO attended the sale hearing, continued remote monitoring efforts, and engaged in a short, second site visit that was coordinated with other case travel to minimize Debtor's costs. PCO now files this second report highlighting these continued efforts. The PCO was escorted on her site visit by the weekend manager on call. PCO interacted with staff, observed care, and spoke to patients, residents, and visitors. These interactions elicited one concern that was potentially bankruptcy related. The PCO cited that family members of a long-term care resident expressed concern that they had not yet received their new resident agreement, expressing concern because they understood the deadline for signature was late March 2026. PCO followed up with Debtor leadership and counsel who confirmed that the new agreements were distributed shortly after PCO's site visit. Ms. Goodman received two additional long-term care ("LTC") concerns regarding responsiveness of CNA staff to call light requests and bathing assistance. PCO conveyed these operational performance comments to leadership for follow-up given the staffing levels observed on this unit at the time of the site visit was one CNA to seven residents, a CNA staffing ratio that is better than what PCO generally observes in this and other LTC settings. The PCO visited with laundry personnel and confirmed weekend laundry processing was occurring. The Healthcare dietary manager was on site and confirmed that these department operations remained status quo with PCO's previous report. Ms. Goodman did not observe or receive reports of care delivery concerns as contemplated under Section 333 (b) of the Bankruptcy Code. While important, the non-nursing staff feedback PCO received during the site visit appeared grounded in operational performance management rather than in Chapter 11 care impacts, particularly when viewed within the context of the staff assignment loads at the time of PCO's site visit. A copy of the ombudsman report is available for free at https://urlcurt.com/u?l=BPFK1x from PacerMonitor.com. The ombudsman may be reached at: Susan N. Goodman Pivot Health Law P.O. Box 69734 Oro Valley, AZ 85737 Phone: 520-744-7061 Email: sgoodman@pivothealthaz.com About Buckingham Senior Living Community Buckingham Senior Living Community, Inc., doing business as The Buckingham, operates a not-for-profit continuing care retirement community (CCRC) in Houston, Texas, offering independent living, assisted living, memory care, skilled nursing, rehabilitation, and respite care. The community spans 23 acres near the Memorial neighborhood and features walking trails, courtyards, gardens, 24-hour security, dining, wellness programs, and other amenities designed to support resident lifestyle and relationships. Established over 20 years ago, The Buckingham provides comprehensive senior living services, allowing residents to transition across care levels as needs evolve. Buckingham Senior Living Community filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. N.D. Tex. Case No. 25-80595) on Nov. 17, 2025, listing up to $500 million in both assets and liabilities. Judge Michelle V. Larson presides over the case. The Debtor tapped McDermott Will and Schulte LLP as counsel; Implex Advisors, LLC as financial advisor; and Raymond James & Associates, Inc. as investment banker. Epiq Corporate Restructuring, LLC is the claims, noticing, solicitation, and administrative agent. CAMPBELL REALTY: Plan Exclusivity Period Extended to May 18 ----------------------------------------------------------- Judge Meredith S. Grabill of the U.S. Bankruptcy Court for the Eastern District of Louisiana extended Campbell Realty Investment Group, LLC's exclusive periods to file a plan of reorganization and obtain acceptance thereof to May 18 and July 17, 2026, respectively. As shared by Troubled Company Reporter, the Debtor explains that here, for a number of reasons, cause exists to grant its request for a 90-day extension of the Exclusivity Periods. First, this case is complex because it involves five apartment complexes and nine single-family homes. Each of the Properties is subject to different security interests. This adds complexity to a reorganization of the Debtor's business relationships and financial statements. The complexities require the Debtor and its advisors to focus on specific issues when formulating a Chapter 11 plan. Second, this is the Debtor's first request for an extension of the Exclusivity Periods. Because of the complexity of this case, an extension of the Exclusivity Periods will give the Debtor sufficient and much needed time to continue negotiating terms of a Chapter 11 plan of reorganization with its stakeholder and memorialize the terms of both a plan and disclosure statement. Third, the Debtor's purpose in seeking extension of the Exclusivity Periods is a good-faith effort to continue the reorganization efforts it has initiated without the distraction and costs of a competing plan process, which would be a distraction and waste of the Debtor's limited time and resources. The relief requested in the Motion is not intended for the purpose of coercing or strong-arming any creditor, but rather to benefit all of the Estate's stakeholders as a whole. Moreover, an extension of the Exclusivity Periods will not result in prejudice to any creditor or party-in-interest, and instead, will enable the Debtor to continue focusing on preserving and enhancing its going-concern value and proposing a viable, fair, and comprehensive plan that is (ideally) supported by all major constituents. Such a result is clearly in the best interest of the Estate. Campbell Realty Investment Group LLC is represented by: Ryan J. Richard, Esq. Sternberg, Naccari & White, LLC 450 Laurel Street, Suite 1450 Baton Rouge, LA 70801 Telephone: (225) 412-3667 Facsimile: (225) 286-3046 E-mail: ryan@snw.law About Campbell Realty Investment Group Campbell Realty Investment Group, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. E.D. La. Case No. 25-12356) on Oct. 20, 2025, listing up to $10 million in both assets and liabilities. Judge Meredith S. Grabill presides over the case. Ryan J. Richard, Esq., at Sternberg, Naccari & White, LLC, serves the Debtor as counsel. CAPITAL MONETIZATON: Seeks 90-Day Extension of Plan Filing Deadline ------------------------------------------------------------------- Capital Monetization Management, LLC asked the U.S. Bankruptcy Court for the Middle District of Pennsylvania to extend its exclusivity period to file a Chapter 11 plan and disclosure statement for additional ninety days. The Debtor explains that it is attempting to negotiate a consensual plan with its secured creditor, U.S. Bank Trust National Association. The Debtor requires a short period of time to ascertain restructuring terms, valuation, and the treatment U.S. Bank is willing to accept for a plan of reorganization. The Debtor states that it submitted a loss mitigation to U.S. Bank/Fay Servicing on February 13, 2026. The Debtor claims that it requires an additional ninety days to allow U.S. Bank/Fay Servicing to review and consider the loss mitigation package and to propose a feasible Chapter 11 plan and Disclosure Statement. Capital Monetization Management, LLC is represented by: Tullio DeLuca, Esq. Law Office of Tullio DeLuca 4113 Birney Avenue, Suite 2 Moosic, PA 18507 Phone: (570) 347-7764 Email: tullio.deluca@verizon.net About Capital Monetization Management, LLC Capital Monetization Management, LLC sought protection for relief under Chapter 11 of the Bankruptcy Code (Bankr. M.D. Pa. Case No. 5:25-03091) on Oct. 29, 2025. The Debtor hires Tullio DeLuca, Esq. at the Law Office of Tullio DeLuca represents the Debtor as counsel. CELESTICA INC: S&P Affirms 'BB+' ICR on Expanding EBITDA -------------------------------------------------------- S&P Global Ratings affirmed its 'BB+' credit rating on Toronto-based electronics manufacturing services provider and original design manufacturer Celestica Inc. and its 'BBB-' rating on its upsized senior secured revolver and term loan. The recovery rating is '2'. The stable outlook reflects S&P's expectation that Celestica's EBITDA expansion following capex lowers S&P Global Ratings-adjusted debt to EBITDA below 1x in the next 12 months. Celestica Inc. continues momentum from hyperscalers' robust capital spending, with significant customer concentration. Celestica plans $1 billion in capital expenditure (capex) in 2026, limiting free operating cash flow (FOCF) growth, while leverage remains strong. S&P said, "Despite significant growth, Celestica's customer concentration remains elevated. We anticipate strong expansion through 2027, driven primarily by leading-edge data center networking, led by its 800 gigabyte Ethernet switch programs and significant contributions from 1.6 terabyte. In addition to networking, we expect AI/machine learning compute platforms, including AI server programs for hyperscalers, to support growth. Contribution will be more meaningful in 2027 as newer programs transition from early stages to higher-volume production. While Celestica has momentum, including program wins with digital native customers, the scale of its engagements with leading hyperscalers remains disproportionate, so we expect concentration to persist. The company derives a significant portion of its revenue from a concentrated hyperscaler customer base, including 58% from its top three customers. In our view, the largest hyperscalers could opt to diversify manufacturers as the programs mature. "Technological complexities and higher barriers to entry mitigate competition risk for its networking products. However, Celestica's major clients have the scale and flexibility to dual-source or transition volumes to alternate providers, which could increase revenue volatility. Even though we don't forecast this in the near term, should hyperscalers pull back capex due to industry dynamics, we expect Celestica will be hard-pressed to replace the lost revenue and high-margin EBITDA. "We do not anticipate margin or cash‑flow volatility in the medium term; however, risks remain. We expect significant capex spending are required to support capacity expansion. While management has indicated that incremental capacity is typically added alongside secured follow-on programs, mitigating risk of underutilization, large-scale programs still require significant upfront investment in inventory and components, which could pressure free cash flow expansion. In addition, rapid scaling in networking and compute programs introduce execution risk, including potential inefficiencies or delays during ramp-up. Celestica's manufacturing footprint, highly concentrated in Asia, exposes it to geopolitical and trade risks, including tariffs, supply chain disruptions, and potential cost inflation. The ability to pass through material costs on to customers helps mitigate inflation risk. "We expect near zero net debt in 2027 as Celestica hits expansion targets. We project EBITDA will increase to $1.8 billion in 2026 and $2.3 billion in 2027, primarily because of top-line improvement, and modest margin expansion. The company continues to benefit from scale and a favorable mix shift toward higher‑margin hardware platforms, where incremental design content adds to margins. However, lower productivity from new capacity and rising input costs are likely to moderate the pace of margin expansion. We expect leverage to decline below 0.5x in 2026 and approach zero in 2027. "We project solid FOCF increases starting 2028. Celestica generated $490 million in S&P Global Ratings-adjusted free cash flow in 2025, benefiting from higher earnings. Under our base case scenario, we project FOCF will remain stable in 2027 despite significant earnings increases because of higher working capital and CAPEX investments. Celestica will focus this incremental spending on expanding the manufacturing footprint across the new and existing facilities in the U.S., Asia, and other regions to support rising customer demand. We also expect continued investment in organic growth initiatives, including research and development and automation to help offset the higher cost structure of local production, particularly in North America relative to Asia. "Capital allocation is likely to remain flexible, with management considering share repurchases and acquisitions opportunistically. We expect any acquisitions to focus on enhancing capabilities in CCS segment, increasing scale in ATS segment, and supporting earnings‑per‑share increases. We forecast Celestica will generate about $444 million of S&P Global Ratings-adjusted free cash flow in 2026 and $506 million in 2027. "The stable outlook reflects our expectation that Celestica's EBITDA expansion following significant capex leads to S&P Global Ratings-adjusted debt to EBITDA of below 1x over the next 12 months." S&P could consider a downgrade, although unlikely in the next 12 months, if: -- S&P Global Ratings-adjusted debt to EBITDA approaches 2x due to a soft demand environment for some of its product lines, reducing EBITDA; and -- Celestica adopts a more aggressive financial policy in terms of debt-funded shareholder returns and acquisitions, further pressuring leverage. S&P could raise the rating in the next 12 months if Celestica: -- Exhibits operating scale, FOCF, and financial policy like those of other investment-grade technology hardware companies. This could happen if it executes contracted projects and planned capital investments; or -- Makes progress toward diversifying its customer base and manufacturing footprint. CENTRAL FLORIDA: Seeks to Extend Plan Exclusivity to May 24 ----------------------------------------------------------- Central Florida Firearms, LLC, d/b/a Live Free Armory asked the U.S. Bankruptcy Court for the Middle District of Florida to extend its exclusivity periods to file a plan of reorganization and obtain acceptance thereof to May 24 and July 23, 2026, respectively. The Debtor explains that its counsel has filed multiple motions to allow the Debtor to operate its business, reject burdensome executory contracts, enter into new executory contracts, value claims, ensure utilities and insurance, and respond to multiple motions for relief from stay. Additionally, the Debtor has been in negotiations with various creditors and needs additional time to finalize the negotiations to prepare its plan of reorganization. The Debtor claims that this motion is made before the expiration of the Exclusive Periods. The Court therefore has the discretion to grant the relief requested herein. Central Florida Firearms, LLC is represented by: Jeffrey S. Ainsworth, Esq. Jennifer Morando, Esq. Branson Ainsworth, PLLC 1501 E. Concord St. Orlando, FL 32803 Phone: 407-894-6834 Primary E-mail: jeff@bransonlaw.com jennifer@bransonlaw.com Secondary: tammy@bransonlaw.com lisa@bransonlaw.com About Central Florida Firearms LLC Central Florida Firearms, LLC, doing business as Live Free Armory, specializes in the production of slides, barrels, and other firearm parts, offering next-day shipping on available inventory for orders received before the daily cutoff. Central Florida Firearms LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case. No. 25-06150) on September 26, 2025. In its petition, the Debtor reported estimated assets of $5.2 million and estimated liabilities of $12.7 million. The Debtor is represented by Jeffrey S. Ainsworth, Esq. of BransonLaw, PLLC. CN HOLDINGS: Seeks to Hire Gee Hashimoto Advisory as Accountant --------------------------------------------------------------- CN Holdings, LLC seeks approval from the U.S. Bankruptcy Court for the District of Utah to hire Gee Hashimoto Advisory as accountant and financial advisor. The firm's services include: a) preparation of bankruptcy schedules and statements; b) assistance in the preparation, pre-filing review, and filing of monthly operating reports; c) 13-week cash flow forecasts, liquidation analyses, and financial exhibits to support the disclosure statement and plan of reorganization or liquidation; d) other accounting matters including, but not limited to, assisting with tax filings that are peculiar to Chapter 11 and subchapter V; and e) other similar matters, as necessary. The firm will be paid at these rates: James Gee, Principal $475 per hour Elyssa Hashimoto, Principal $225 per hour Administrative Staff $125 per hour The firm will seek reimbursement for out-of-pocket expenses. The firm received a retainer in the amount of $8,000. Gee Hashimoto Advisory is a "disinterested person," as such term is defined in Bankruptcy Code section 101(14), as modified by section 1107(b) of the Bankruptcy Code, according to court filings. The firm can be reached through: Brian M. Rothschild, Esq. Darren Neilson, Esq. Elliott D. McGill, Esq. PARSONS BEHLE & LATIMER 201 South Main Street, Suite 1800 Salt Lake City, UT 84111 Tel: (801) 532-1234 Fax: (801) 536-6111 Email: brothschild@parsonsbehle.com dneilson@parsonsbehle.com emcgill@parsonsbehle.com ecf@parsonsbehle.com About CN Holdings, LLC CN Holdings, LLC, doing business as Firehouse Subs of SE Idaho and Utah, operates Firehouse Subs restaurants as a franchisee, a fast-casual chain specializing in submarine sandwiches that serves hot subs prepared with meats and cheeses across North America. The company was formed through the merger of 2C Inferno LLC, 4C&N, LLC, and Ignacious Endeavors, LLC on Jan. 23, 2026. CN Holdings, LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Utah Case No. 26-21555) on March 23, 2026, listing up to$50,000 in assets and $1 million to $10 million in liabilities. The petition was signed by Christopher Morris as manager. Judge Michael F Thomson presides over the case. Brian M. Rothschild, Esq. at PARSONS BEHLE & LATIMER serves as the Debtor's counsel. CN HOLDINGS: Seeks to Hire We Sell Restaurants as Broker -------------------------------------------------------- CN Holdings, LLC seeks approval from the U.S. Bankruptcy Court for the District of Utah to employ We Sell Restaurants as broker. The firm will market and sell the Debtor's restaurants known as Firehouse Subs, and located at the following locations: -- 435 S Utah Ave. Idaho Falls, ID 83402; -- 3419 S 25th E Ammon, ID 83406; -- 231 W Quinn Rd Pocatello, ID 83221; -- 1077 N Main STE 110 Logan, UT 84341; -- 2197 Riverdale Rd. Riverdale, UT 84405; -- 2151 N Hillfield Rd. Layton, UT 84401; -- 490 E 1100 N North Salt Lake City, UT 84054; -- 1008 E Ft. Union BLVD Midvale, UT 84041; -- 11521 S 4000 W #101 South Jordan, UT 84095; -- 13351 S Rock Wren Ln. STE PD-Y1, Riverton, UT 84096 (Closed); -- 1321 N Redwood Rd. STE A, Saratoga Springs, UT 84045. The firm will be paid a commission on any sale of its franchise locations equal to the greater of 12% of the sales price or $75,000. As disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Eric Gagnon We Sell Restaurants 6 Meridian Home Ln. Suite 101 Palm Coast, FL 32137 Tel: (888) 668-8625 About CN Holdings, LLC CN Holdings, LLC, doing business as Firehouse Subs of SE Idaho and Utah, operates Firehouse Subs restaurants as a franchisee, a fast-casual chain specializing in submarine sandwiches that serves hot subs prepared with meats and cheeses across North America. The company was formed through the merger of 2C Inferno LLC, 4C&N, LLC, and Ignacious Endeavors, LLC on Jan. 23, 2026. CN Holdings, LLC in Idaho Falls, ID, sought relief under Chapter 11 of the Bankruptcy Code filed its voluntary petition for Chapter 11 protection (Bankr. D. Utah Case No. 26-21555) on March 23, 2026, listing $0 to $50,000 in assets and $1 million to $10 million in liabilities. Christopher Morris as manager, signed the petition. Judge Michael F Thomson oversees the case. PARSONS BEHLE & LATIMER serve as the Debtor's legal counsel. COLLIERCOUNT LLC: Ruediger Mueller Named Subchapter V Trustee ------------------------------------------------------------- The Acting U.S. Trustee for Region 21 appointed Ruediger Mueller of TCMI, Inc. as Subchapter V trustee for CollierCount, LLC. Mr. Mueller 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. Mueller declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Ruediger Mueller TCMI, Inc. 1112 Watson Court Reunion, FL 34747 Telephone: (678) 863-0473 Facsimile: (407) 540-9306 Email: truste@tcmius.com About CollierCount LLC CollierCount LLC, doing business as U.S. Lawns of Naples, operates as a franchisee of U.S. Lawns, providing commercial landscaping and grounds maintenance services in Naples, Florida, and surrounding Collier County communities, including Vineyards, Immokalee, and Lely Resort. The company offers turf maintenance, landscape improvements, irrigation and water management, landscape renovation, tree care, hardscape installation and maintenance, pest control, fertilization, and snow and ice management for commercial properties. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-00613) on March 20, 2026, with $0 to $50,000 in assets and $1 million to $10 million in liabilities. Joe Titone, manager, signed the petition. Judge Luis Ernesto Rivera II presides over the case. Benjamin G. Martin, Esq. at the LAW OFFICES OF BENJAMIN MARTIN represents the Debtor as legal counsel. COLLINS ASSET: Garnet Closes $2.9B Loan Sale for Ch. 7 Trustee -------------------------------------------------------------- Garnet Capital Advisors announced the closing of a $2.9 billion loan portfolio sale on behalf of the Chapter 7 trustee overseeing the bankruptcy estate of Collins Asset Group, LLC (CAG), a Texas-based debt buyer. The transaction marks the full liquidation of the estate's loan assets. CAG filed for voluntary Chapter 7 bankruptcy protection on June 4, 2025, and a trustee was appointed on August 1, 2025 to manage the orderly disposition of estate assets. The portfolio consisted of consumer installment loans, auto loans, credit card receivables, and second-lien mortgage loans acquired from banks, finance companies, and fintech originators, with performance status ranging from paying to judgment. Garnet's competitive sale process attracted participation from more than 60 prospective investors and generated over a dozen bids. The portfolio was sold to a single investor, with the transaction closing within two months of launch. Lauren Falls, Vice President at Garnet Capital, commented: "A portfolio of this size and complexity -- spanning multiple asset classes, originator types, and performance stages -- required a disciplined process and broad market reach. Garnet's portfolio analytics highlighted the pockets of value embedded in these assets, and we were pleased to deliver an efficient outcome for the trustee and the estate's creditors." About Garnet Capital Advisors Garnet Capital Advisors is a leading loan sale advisory firm serving banks, credit unions, hedge funds, and specialty finance companies. With more than 20 years of experience across performing, subperforming, and charged-off loans in the consumer, commercial, and residential sectors, Garnet brings integrity, focus, and best-in-class execution to every engagement. The firm maintains rigorous standards of data security and regulatory compliance throughout the transaction process. COMPASS INC: Moody's Assigns 'B2' CFR, Outlook Positive ------------------------------------------------------- Moody's Ratings assigned a B2 corporate family rating and B2-PD probability of default rating to Compass, Inc. (Compass or the company), a leading residential real estate services company and the public reporting parent company facilitating the merger with Anywhere Real Estate Group LLC (Anywhere). The existing rated notes issued at Anywhere have been guaranteed as debt obligations of Compass. As a result, the Anywhere 9.75% senior secured second lien notes and 7% senior secured second lien notes both maturing April 2030 were upgraded to Ba3 from B3. Additionally, the Anywhere 5.75% senior unsecured notes due January 2029 and the 5.25% senior unsecured notes due April 2030 were both upgraded to B3 from Caa2. Compass has a $500 million senior secured revolving credit facility expiring in 2030 and $1 billion 0.25% of convertible senior notes due 2031, both unrated. The outlook for Compass is positive and the outlook for Anywhere Real Estate Group LLC was changed to positive from ratings under review. The speculative grade liquidity (SGL) score is SGL-2. This rating action concludes the review for upgrade that began on September 23, 2025 following the announced merger agreement between Compass and Anywhere. Concurrent with this action, Moody's will withdraw the B3 CFR, B3-PD PDR, Ba3 senior secured first lien bank credit facility rating for Anywhere. Previously, the ratings were on review for upgrade. Moody's will also withdraw the SGL-3 speculative grade liquidity rating at Anywhere Real Estate Group LLC. The assignment of the B2 CFR with a positive outlook reflects Moody's anticipations that the merger will result in a significantly stronger credit profile. The positive outlook emphasizes Moody's confidence that Compass will achieve a significant portion of its initial $175 million in cost savings within the first year following the merger, with total cost savings expected by the company to reach $400 million by the end of 2028. Nonetheless, initial financial leverage is very high, and if the company's profitability improvement stalls or fails to materialize, or if liquidity deteriorates, including lower than expected free cash flow, the outlook could be changed to stable. ESG governance considerations, as reflected by the company's financial strategy & risk management, were a key rating driver. Compass' credit impact score (CIS) of CIS-4 reflects the company's limited operating track record and high tolerance for financial leverage. The company has a clearly articulated, though still evolving financial strategy that includes a public financial leverage target. Governance risks also include concentrated ownership and key man risk related to its founder, who serves as chairman and CEO and exerts control over the company's strategic direction and board composition. RATINGS RATIONALE Compass' B2 CFR reflects its large size and scale as a leading residential real estate services company with a large US owned-brokerage business and portfolio of related services including title, escrow, relocation, mortgage origination, and an international franchise network. Following the merger with Anywhere in January 2026, the company's credit profile is bolstered by additional size and strong portfolio brands in the US, particularly within luxury and suburban markets. The company has significant scale and US market share, including more than 340,000 real estate agents globally, valuable brands, a proprietary technology platform, and a history of good agent growth and retention amid a challenging real estate market since 2023. The company generates the majority of its earnings from its owned-brokerage business, franchise royalties and title services. Post-merger, the company will initially operate with very high financial leverage that will rely on significant cost savings to improve. The company's financial profile is constrained by elevated pro forma debt/EBITDA of approximately 7.8x for 2025, reflecting the addition of roughly $2.1 billion of Anywhere's existing debt and the issuance of $1 billion of senior unsecured notes in January 2026. Moody's financial leverage metrics expense stock based compensation and exclude anticipated synergies. Moody's expects leverage to improve to below 6.5x by year end 2026 driven by approximately $100 million of realized cost savings, with further reductions to the low 5x range in 2027, including lower capitalized software costs. Free cash flow is expected to be temporarily pressured by integration costs but will improve as synergies are realized, with cash flow remaining sensitive to housing market conditions and working capital needs. All financial metrics reflect Moody's standard adjustments. Compass has indicated that this level of leverage is temporary and expects material earnings growth from $400 million of cost synergies by the end of 2028. The company has a publicly stated financial leverage target of 1.5x by year-end 2028, compared to around 4.4x net leverage pro forma for the merger at year-end 2025 (the company's calculated metrics). The leverage target assumes a stable US housing environment, which is cyclical and hard to predict as it depends on mortgage rates, housing inventory, and other external factors. Moody's considers Compass' liquidity profile to be good, reflected in the SGL-2 liquidity rating. Liquidity is supported by Moody's anticipations of good free cash flow/debt of around 5% over the next 12 months and by Moody's expectations for a healthy cash balance at March 31, 2026. The $500 million revolving credit facility expiring November 2030 was undrawn and fully available as of December 31, 2025. Access to the company's revolver is governed by a total net debt leverage covenant of 5x, with step-downs to 4.5x at December 2027 and 4.25x at December 2028, and tested quarterly. Moody's expects the revolver covenant would have ample cushion if tested. The revolver has a 91 day springing maturity under certain conditions should the second lien or unsecured notes remain outstanding, the earliest of which would be 91 days prior to the January 2029 maturity on the 5.75% senior unsecured notes. The company maintains a $75 million revolving credit facility expiring January 2028 for its Concierge Program that is secured primarily by Concierge Receivables and is held in a separate non-recourse entity. This facility is used to fund Compass' Concierge program, a service offered to its agents where a third-party lender working with Compass advances interest-free liquidity to home sellers to get their home buyer-ready. Following the completion of the Anywhere merger in January 2026, Compass maintains a $500 million senior secured revolving credit facility maturing in November 2030, which is secured by a first-priority lien on substantially all assets of Compass and the subsidiary guarantors. Compass also has $1.0 billion of 0.25% convertible senior notes due 2031 issued at Compass, Inc., which are senior unsecured obligations guaranteed on a senior unsecured basis by the same material domestic subsidiaries that guarantee the Anywhere notes. As a result, the convertible notes are effectively subordinated to the revolver and other secured indebtedness. Legacy Anywhere debt remains issued at the Anywhere Real Estate Group LLC operating-company level and includes $1.14 billion of senior secured second-lien notes due 2030, rated Ba3, two notches above the B2 CFR, reflecting their junior position relative to the first-lien revolver but senior position to unsecured debt and other claims providing first loss. The Anywhere second-lien notes are secured by a second-priority lien on substantially the same collateral as the revolver and are guaranteed by operating subsidiaries, with Compass providing a voluntary unsecured guarantee. Approximately $1.0 billion of senior unsecured notes due 2029 and 2030, rated B3 (one notch below the CFR), reflect their structural and collateral subordination to the Compass first-lien revolver, and, in the case of the second-lien notes, their junior ranking with respect to collateral. The Compass convertible notes rank pari passu with other senior unsecured obligations of the subsidiary guarantors, including the Anywhere unsecured notes. The positive outlook reflects Moody's expectations that top-line organic growth of around 5% and improving profitability from cost savings will drive steady deleveraging to below 6x over the next 12 to 18 months. The outlook could be changed to stable if the company's revenue growth slows, profitability improvement stalls, or liquidity deteriorates including lower than expected free cash flow. Debt-funded acquisitions or shareholder returns that delay leverage reduction or diminish liquidity could also lead to a change in the outlook to stable. FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS The ratings could be upgraded if Compass sustains debt/EBITDA below 5.5x through market cycles and maintains free cash flow to debt of at least 5%. An upgrade would also depend on the company pursuing balanced financial strategies, including ongoing debt repayment and extension of its debt maturity profile. In addition, Compass would need to demonstrate very good liquidity on a sustained basis. The ratings could be downgraded if Moody's expects debt/EBITDA to be maintained above 6.5x or if post-merger profitability improvements stall or fall short of expectations. A downgrade could also result from weakened liquidity, including break-even free cash flow and increased reliance on the revolving credit facility to fund operations. In addition, aggressive financial policies, such as large, debt-funded acquisitions or elevated shareholder returns, could exert downward pressure on the ratings. The principal methodology used in these ratings was Business and Consumer Services published in February 2026. Compass, Inc.'s B2 rating is two notches below the scorecard-indicated outcome of Ba3 reflecting the execution risks that Moody's considers in relation to the Anywhere merger, particularly with regard to the integration and achievement of cost savings initiatives. Compass (NASDAQ: COMP) is a global real estate services company. Following its merger with Anywhere Real Estate in January 2026, Compass combined its legacy owned-brokerage operations and proprietary technology platform with Anywhere's owned-brokerage and global franchise network brands. Owned-brokerage and franchise brands include Compass(R), Coldwell Banker(R), Corcoran(R), Christie's International Real Estate(R), @properties(R), Better Homes and Gardens(R) Real Estate, CENTURY 21(R), Coldwell Banker Commercial(R), ERA(R), and Sotheby's International Realty(R)—with ancillary services such as title, escrow and settlement, relocation, and real estate-related benefit programs. The combined company supports approximately 340,000 real estate professionals across all major US markets and roughly 120 countries and territories worldwide. COMPASS INC: S&P Assigns 'B+' ICR, Outlook Positive --------------------------------------------------- S&P Global Ratings assigned its 'B+' issuer credit rating to New York-based real estate brokerage firm Compass Inc. (dba Compass International Holdings Inc.) and withdrew its 'B' issuer credit rating on Anywhere Real Estate Group LLC. S&P said, "At the same time raised our issue-level ratings on the debt Compass assumed from Anywhere Real Estate, including on the senior secured second-lien notes to 'BB' from 'B' and unsecured debt to 'B+' from 'CCC+'. The recovery ratings improved to '1' and '3', respectively from '3' and '6' prior to the acquisition due primarily to less priority claims and a higher enterprise value for the combined entity. "The positive outlook reflects our expectation that Compass should realize integration synergies, maintain agent retention, and reduce leverage below 5x in the next 12 months." Compass completed its all-stock acquisition of Anywhere Real Estate Inc., assuming roughly $2.6 billion of Anywhere's debt and issuing $1 billion in convertible notes to repay debt and fund integration costs. The acquisition establishes Compass as the largest residential brokerage in the U.S., significantly expanding its national footprint and brand portfolio. It will also elevate pro forma S&P Global Ratings-adjusted leverage to the high 7x over the next few quarters before improving to approximately 7.5x at year-end 2026 and well below 5x in 2027 as Compass realizes planned synergies. S&P said, "Our 'B+' issuer credit rating reflects Compass' enhanced scale and market position. This follows its January 2026 acquisition of Anywhere Real Estate, partially offset by high leverage and exposure to cyclical housing market conditions. The combined entity will operate the largest residential brokerage in the U.S. by sales volume, generating revenue primarily through brokerage commissions and franchise operations. Although the transaction improves geographic reach and brand diversification, earnings remain highly sensitive to agent retention, transaction volumes, and mortgage rates. We also believe there is considerable integration execution risk for Compass due to Anywhere's large scale and the significant amount of synergies ($400 million by 2028) the company plans to realize. We expect elevated leverage well above 5x in the coming quarters, with deleveraging contingent on integration execution, synergy realization, and housing market stabilization. The positive outlook reflects the potential for rating upside if Compass demonstrates progress in realizing its planned and actioned synergies and is on track to meet our 2027 leverage forecast of below 5x." The combination establishes the largest residential brokerage in the U.S. It now has an estimated 18% market share and substantially expanded footprint in all 50 states, up from 34. The acquisition also significantly broadens the company's international reach to 120 countries from 50. Previously, Anywhere Real Estate was a significant competitor to Compass, with both companies consistently ranking among the top two in sales volume. This expanded entity benefits from enhanced penetration across key channels--franchise and owned-brokerage--and supporting services (title, escrow, and mortgage) as well as increased reach within the luxury market. In addition, Compass benefits from a broadening revenue base and breadth of its portfolio of brands, including Century 21, Coldwell Banker, Sotheby's International Realty, Corcoran, and Christie's International Real Estate. S&P said, "Additionally, we expect a materially larger agent base, franchise network, and customer reach to strengthen Compass' competitive position and business resiliency. We expect Anywhere Real Estate's franchise network to enhance profitability despite representing approximately 5% of total revenue. Unlike Compass' commission-based brokerage revenue, franchise fees generate recurring income with lower variable costs, raising margins with a more predictable revenue stream." Compass remains susceptible to cyclical fluctuations in residential real estate. Residential brokerage revenue is intrinsically linked to resale volumes, home prices, and transaction velocity, all of which are sensitive to macroeconomic factors including mortgage rates, housing affordability, and consumer confidence. Rising interest rates or constrained housing supply can materially reduce transaction activity and, consequently, brokerage revenue. While the combined entity benefits from enhanced geographic diversification and modest franchise-based, fee-income revenue streams, it derives most of this income from royalty fees largely tied to agent commissions rather than the stable, fixed monthly and annual fees characteristic of peer RE/MAX's franchises. A significant portion of Compass' profitability will continue to be correlated with commission-based transactions, and earnings volatility through housing cycles is likely to persist. However, S&P believes the market could be approaching the bottom of the current cycle following the peak in 2022. Furthermore, S&P Global economists forecast mortgage rates will decline in 2026 and 2027, which could support a housing recovery in the next few years, subject to considerable uncertainty given recent geopolitical developments and increase in mortgage rates. S&P said, "Risks could pressure agent retention and growth. In the evolving competitive landscape, Compass' three-phase marketing strategy emphasizes premarketing through private exclusives, controlled public launch timing, and broader syndication, which we view as a potential recruiting and listing tool that may enhance agent productivity and appeal to sellers in select markets. However, we do not believe this approach fundamentally alters the industry's inherent low barriers to entry. Competitors such as RE/MAX differentiate through a high-commission split franchise model and recurring fee structure, while eXp World Holdings Inc. operates an asset-light, cloud-based brokerage with equity incentives aimed at rapid agent growth, and Keller Williams Realty emphasizes agent training, culture, and profit-sharing alignment. "While Compass' organic agent expansion is historically strong, maintaining that pace may prove challenging following the acquisition of Anywhere Real Estate, given the overlap in agent bases and potential for attrition. Its proprietary technology platform, designed to integrate workflow into a single agent-facing system, supports agent productivity and recruiting and provides some competitive advantages relative to more fragmented legacy systems. We do not view it as a structural differentiator with enduring defensibility. The platform's functionality is largely replicable by well-capitalized competitors, and it does not create high switching costs for agents. Consequently, we believe that competitors investing in comparable in-house tools or third-party software ecosystems could readily match or surpass these capabilities over time, limiting long-term strategic value. Navigating the influence of real estate listing portals such as Zillow is complex. Compass challenged Zillow's listing policies in a mid-2025 antitrust lawsuit in response to Zillow's "Listing Access Standards," which restricted the visibility of listings not put in the MLS within 1 business day. Then in February 2026 Compass forged a three-year alliance with Rocket/Redfin, syndicating listings and effectively creating an alternative distribution channel. Zillow then introduced "Zillow Preview" in March 2026, broadening access to premarket listings and leading Compass to drop its lawsuit. This underscored challenges faced by competitors seeking to navigate Zillow's ecosystem and highlighted Compass' willingness to shift to a more collaborative, high-volume ecosystem player. S&P believes the resulting partnership not only preserved Compass' three-phase marketing strategy but also provided a significant lead-generation engine and modest revenue stream through a small percentage of Redfin's commissions. S&P said, "We expect mid-single digit percent revenue growth in 2026 and 2027. This is driven by an anticipated modest recovery in existing home sales, declining mortgage rates, and a modest contribution from the Rocket/Redfin partnership. S&P Global economists forecast mortgage rates will decline in 2026 and 2027, which we believe would improve housing affordability and support a rebound in activity. Still, rates may remain higher than expected after a recent six-month high above 6.5% as geopolitical risks mount. In addition, constrained inventory remains a key risk. If this persists, home sales could remain subdued. Industry forecasts for existing home sale growth in 2026 vary, from 2.5% (Fannie Mae) to 5.5% (Mortgage Bankers Association). While constrained inventory could limit volume, industry forecasts suggest existing home sales will improve in 2026 and 2027. "We expect Compass to manage its financial policy to be consistent with its stated net leverage target of 1.5x by the end of 2028. However, this is contingent upon the company's successful integration of Anywhere and realization of acquisition-related synergies without any meaningful setbacks. In the all-stock acquisition, Compass assumed $2.6 billion of Anywhere's debt, partially refinanced through the issuance of $1 billion in convertible notes to repay outstanding revolver borrowings and fund integration expenses. Pro forma for its conservative financial policy, we expect initial leverage below 6x for the 12 months ended Dec. 31, 2025, increasing to high 7x in the first and second quarters as integration costs ramp up, before improving toward 7x by year-end with realized synergies. We project S&P Global Ratings-adjusted free operating cash flow (FOCF) to debt will be roughly breakeven in 2026, reflecting acquisition and integration-related costs. We expect it will strengthen to approximately 24% in 2027 as these costs roll off and Compass realizes approximately $100 million of net synergies by the end of 2026, contributing to a planned total synergy realization of $400 million by year-end 2028. "Compass has historically demonstrated a disciplined financial approach with pre-acquisition leverage of 0.9x at Dec. 31, 2025, and we do not anticipate significant debt-funded acquisitions or share repurchases that would materially increase leverage until acquisition integration is substantially complete. We expect EBITDA increases and robust cash flow to support deleveraging to around 3x by the end of 2027." The positive outlook reflects our expectation that Compass should realize integration synergies, maintain agent retention, and reduce leverage below 5x in the next 12 months. S&P could revise its outlook on Compass if leverage remains above 5x. This could occur if: -- Integration challenges result in agent attrition or EBITDA declines; -- Home sales further decline due to worsening affordability; or -- The company adopts a more aggressive financial policy, including debt-funded shareholder returns or leveraging acquisitions. S&P could raise its rating on Compass if the company: -- Sustains EBITDA growth such that leverage declines sustainably below 5x; -- Demonstrates stable agent retention and realizes benefit of synergies; and -- Maintains a conservative financial policy. COMPONENT FABRICATORS: Case Summary & 20 Top Unsecured Creditors ---------------------------------------------------------------- Debtor: Component Fabricators, Inc. d/b/a Legend Fitness 5901 Middlebrook Pike Knoxville, TN 37909 Business Description: Component Fabricators, Inc., doing business as Legend Fitness, is a precision metal fabrication and commercial fitness equipment manufacturer headquartered in Knoxville, Tennessee, with roots in a fabrication workshop at 5901 Middlebrook Pike. Founded in 1992, it produces American-made strength and athletic training equipment, including racks, cages, plate-loaded machines, and free-weight systems, under the Legend Fitness brand, serving gyms, athletic centers, professional teams, educational institutions, and other commercial customers worldwide. Its in-house capabilities include custom design engineering, CNC bending, welding, routing, plasma cutting, assembly, and finishing, which support both bespoke projects and build-to-order fitness product lines. Chapter 11 Petition Date: March 27, 2026 Court: United States Bankruptcy Court Eastern District of Tennessee Case No.: 26-30565 Judge: Hon. Suzanne H Bauknight Debtor's Counsel: Lynn Tarpy, Esq. TARPY, COX, FLEISHMAN & LEVEILLE, PLLC 1111 N Northshore Dr Suite N-290 Knoxville, TN 37919 Tel: (865) 588-1096 Fax: (865) 588-1171 Email: ltarpy@tcflattorneys.com Total Assets: $221,285 Total Liabilities: $3,299,899 The petition was signed by Pierre Steenekamp as president and CEO. 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/JYDTDEY/Component_Fabricators_Inc__tnebke-26-30565__0003.0.pdf?mcid=tGE4TAMA A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/JR5EGMQ/Component_Fabricators_Inc__tnebke-26-30565__0001.0.pdf?mcid=tGE4TAMA COMPREHENSIVE INTERVENTIONAL: No Patient Care Concern, PCO Reports ------------------------------------------------------------------ Susan N. Goodman, the patient care ombudsman, filed with the U.S. Bankruptcy Court for the District of Arizona her fifth report regarding the quality of patient care provided by Comprehensive Interventional Care Centers PLLC and affiliates. The PCO filed fifth report pursuant to her statutory reporting obligation regarding continued monitoring efforts for Debtors' clinical outpatient procedure locations in Flagstaff and Gilbert, Arizona. The PCO stated that she continued remote monitoring efforts this reporting period. Both locations continue to report staff departures and hiring. Most notably, the full-time advanced practice nurse practitioner (“NP”) located in the Flagstaff facility resigned. While a replacement NP is recruited, physicians are being tasked with completing the clinic appointments on their patients. Ms. Goodman noted that the Flagstaff location was able to recruit a full-time registered nurse this reporting period. Additionally, two per diem (“PRN”) nurses were hired. These additional Flagstaff nurses, once oriented, should reduce the position stretch of the clinic nurse manager as well as reduce the support needs from the Gilbert nursing pool who were traveling to Flagstaff when additional nursing resources were needed. The PCO cited that her continued monitoring did not reveal patient care concerns as contemplated under Section 333(b) of the Bankruptcy Code this reporting cycle. PCO remains comfortable continuing with the maximum, 60-day reporting cycle that is contemplated under Section 333 of the Bankruptcy Code, reserving the right to supplement this fifth report and/or shorten the reporting cycle if Flagstaff clinic visit coverage becomes a concern. A copy of the ombudsman report is available for free at https://urlcurt.com/u?l=fbc9R4 from PacerMonitor.com. The ombudsman may be reached at: Susan N. Goodman PIVOT HEALTH LAW, LLC P.O. Box 69734 | Oro Valley, Arizona 85737 Ph: (520) 744-7061 | Fax: (520) 575-4075 Email: sgoodman@pivothealthaz.com About Comprehensive Interventional Care Comprehensive Interventional Care Centers PLLC is a multispecialty medical practice with a team of experts in interventional radiology, vein care, podiatry, cardiology, and vascular surgery, offering cutting-edge treatments with minimal risk and recovery time. They focus on treating a wide range of conditions, including neuropathy, vascular diseases, vein issues, ulcers, and heart disease. Comprehensive Interventional Care Centers PLLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Ariz. Case No.25-01225) on February 13, 2025. In its petition, the Debtor reports estimated assets and liabilities between $10 million and $50 million each. The Debtor is represented by Wesley D. Ray, Esq. at Sacks Tierney PA. COMPREHENSIVE INTERVENTIONAL: Taps Milligan as Special Counsel -------------------------------------------------------------- Comprehensive Interventional Care Centers, PLLC and its affiliates seek approval from the U.S. Bankruptcy Court for the District of Arizona to employ Milligan Lawless, P.C. as special litigation counsel. The firm will render these services: a. give the Debtors legal advice and defense regarding the False Claims Act investigation of the Debtors by the United States, as referenced in Civil Investigative Demand No 25-14; and b. perform all other legal services that the Debtors deem necessary in connection with the False Claims Act investigation. The firm will be paid at these hourly rates: Bryan Bailey $575 Robert Itri $575 Other Associates or Partners $425 to $575 Paraprofessionals $295 The firm received a retainer in the amount of $50,000, paid by Dr. Joel Rainwater. The firm can be reached through: Bryan S. Bailey, Esq. Milligan Lawless, P.C. 5050 North 40th Street, Suite 200 Phoenix, AZ 85018 Tel: (602) 792-3500 Fax: (602) 792-3525 Email: Bryan@MilliganLawless.com About Comprehensive Interventional Care Centers Comprehensive Interventional Care Centers PLLC is a multispecialty medical practice with a team of experts in interventional radiology, vein care, podiatry, cardiology, and vascular surgery, offering cutting-edge treatments with minimal risk and recovery time. They focus on treating a wide range of conditions, including neuropathy, vascular diseases, vein issues, ulcers, and heart disease. Comprehensive Interventional Care Centers PLLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Ariz. Case No.25-01225) on February 13, 2025. In its petition, the Debtor reports estimated assets and liabilities between $10 million and $50 million each. The Debtor is represented by Wesley D. Ray, Esq. at Sacks Tierney PA. COOLSYS INC: S&P Lowers ICR to 'SD' On Amended Credit Agreement --------------------------------------------------------------- S&P Global Ratings lowered its issuer credit rating on CoolSys Inc. to 'SD' (selective default) from 'CCC+' and our issue-level rating on the company's first-lien debt to 'D' from 'CCC+'. S&P plans to review CoolSys' business prospects and liquidity as soon as practicable. At that time, it expects to raise its issuer credit rating on the company to 'CCC+'. CoolSys Inc.'s amended its first-lien credit agreement to allow for partial interest to be paid in kind (PIK) until October 2027. S&P considers the reduction in cash interest as tantamount to a default under its criteria. S&P said, "The amendment to the term loan facility is tantamount to a default under our criteria. CoolSys has reached an agreement with first-lien lenders to pay in kind a portion of its interest payments until October 2027, suspend amortization payments, and extended the maturity of its term loan to February 2030. Additionally, the company extended the asset-based lending (ABL) facility's maturity by 15 months to November 2029. We view the transaction as tantamount to a default under our criteria because first-lien lenders did not receive cash interest in the amount of or at the time as designated under the terms of the original credit agreement and we view the company as distressed given its constrained liquidity position and ongoing cash flow deficits. Concurrently, the company received $29 million in additional capital in the form of a loan from its sponsors. The loan will rank junior to the existing first-lien term loan and matures 91 days after the extended first-lien term loan maturity. "We will evaluate the company's liquidity and strategic initiatives over the next few days and expect to raise our issuer credit rating to 'CCC+'. This transaction improves CoolSys' liquidity, and we expect cash flow to improve as cash interest and amortization payments decline, saving the company approximately $25 million annually. Nevertheless, we still view CoolSys' capital structure as unsustainable primarily because of its very high leverage and persistent cash flow deficits. We would likely require CoolSys to return its leverage to sustainable levels and improve its cash flow, such that we believe it will generate sustained positive cash flow after debt service, before raising our rating above the 'CCC+' level." CROWN CAPITAL: Enters Forbearance Agreement with Senior Lender -------------------------------------------------------------- As previously disclosed, Crown Capital Partners Inc. has commenced steps to augment its liquidity and to reduce its outstanding senior indebtedness. Crown Capital provides stakeholders with an update on progress to this point: -- On March 11, 2026, Crown completed the sale of a real estate asset in London, Ontario held by PenEquity Realty Corporation, an investment accounted for as an associate, netting proceeds of $3.4 million, against a nil carrying value. -- Crown has entered into an agreement to sell the assets and business of its subsidiary Go Direct Global Inc. to an employee-led group with an expected closing date in April 2026. Anticipated proceeds from this sale, subject to customary closing adjustments, are $10 million, payable as to $7.5 million on closing and the remainder over the subsequent 25 months. The completion of the sale remains subject to a number of conditions and there can be no assurance that the sale will close on the foregoing terms or at all. If completed, the sale will be a "related party transaction" under Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions as the sale will be to insiders of Crown. Due to the fact that Crown is experiencing financial hardship, as defined in Section 5.5(g) of MI 61-101, Crown is exempt from the requirement to obtain a formal valuation with respect to the sale and to obtain minority approval for the sale in accordance with the requirements of MI 61-101. -- Crown continues to advance the sale of other assets with anticipated closing dates in Q2 2026. Progress towards binding agreements and details of closing will be announced as such information becomes available. There is no assurance that such transactions will be consummated in the form agreed to, or at all. Proceeds from the above-noted transactions will be used firstly to repay Crown's senior secured credit facility, including the installment due on March 31, 2026, and thereafter to meet corporate obligations. Following the anticipated installment payment, the remaining balance outstanding on Crown's senior secured credit facility would be approximately $7.2 million. The terms of Crown's senior secured credit facility include a requirement to repay an aggregate principal amount of at least $10 million on or before March 31, 2026, of which $3.2 million has been repaid to date. In order to provide Crown with additional time to make the required principal repayment, effective as of April 7, 2026, Crown and its senior lender have entered a forbearance agreement through which the senior lender has agreed to forbear from exercising its rights and remedies in respect of Crown's senior secured credit facility until April 30, 2026. Following completion of these sales, Crown will continue to own significant assets. The board of directors of Crown has charged management with developing a restructuring plan which will reduce corporate overhead and permit value maximization of the remaining assets. Details of such plan will be made available when approved. CRUISING KITCHENS: Seeks to Extend Plan Exclusivity to August 3 --------------------------------------------------------------- Cruising Kitchens, LLC, and Cameron & Mary Davies asked the U.S. Bankruptcy Court for the Western District of Texas to extend their exclusivity periods to file a plan of reorganization and obtain acceptance thereof to August 3 and October 2, 2026, respectively. Debtor Cruising Kitchens, LLC's bankruptcy started out shaky with the Debtor needing to obtain interim funding from the affiliated debtors Cameron and Mary Davies. Since February 25, 2026, the Debtor's agreement with the U.S. Army has funded and Cruising Kitchens, LLC has entered into numerous contracts with parties for additional work. Debtor expects to enter into at least an additional $1 million in contracts over the next 60 days. The Debtors explain that exclusivity for filing a plan in both cases ends on May 4, 2026. Debtors want to propose reorganization plans that will pay creditors as large a dividend as reasonably possible. Therefore, the Debtors are requesting at least a 90-day extension to the exclusivity and solicitation periods to allow more time for Debtors to understand the likely cash flow Cruising Kitchens, LLC can depend on moving forward, which impacts both Debtors. Counsel to the Debtors: Ronald J. Smeberg, Esq. THE SMEBERG LAW FIRM, PLLC 4 Imperial Oaks San Antonio, TX 78248 Tel: (210) 695-6684 Fax: (210) 598-7357 Email: ron@smeberg.com About Cruising Kitchens LLC Cruising Kitchens, LLC is a San Antonio-based manufacturer of custom food trucks and trailers. Cruisng Kitchens sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Texas Case No. 26-50001) on Jan. 2, 2026. In its petition, the Debtor reported $3.4 million in assets and $14.7 million in liabilities. Honorable Bankruptcy Judge Michael M. Parker handles the case. The Debtor is represented by Ronald J. Smeberg, Esq., at Smeberg Law Firm, PLLC. DCA OUTDOOR: Court Okays Valley Hill Tree Farm Agreement -------------------------------------------------------- Judge Cynthia A. Norton of the U.S. Bankruptcy Court for the District of Kansas approved DCA Outdoor Inc.'s agreement with Valley Hill Tree Farm, LLC pursuant to Fed. R. Bankr. P. 9019. Trustee Rouse has the authority to make decisions regarding the Bankruptcy Estate of Tory Schwope (Western District of Missouri on March 9, 2026, Case No. 26-40404-can7) and his 100% ownership of Valley Hill Tree Farm, LLC. Although the agreement is not a full settlement, the agreement helps avoid waste and otherwise preserves the economic position of the assets. The Court finds the agreement is fair, equitable, and in the best interests of the estate. The Court ordered as follows: 1. The Debtors or their affiliates (excluding Valley Hill Tree Farm, LLC) may harvest some plant and tree inventory from the approximately 360 acres of real estate located in Washington County, Kentucky. 2. The Debtors may sell the Subject Inventory and retain 60% of the gross sale proceeds. 3. The Estate Proceeds shall (a) be subject to Frontier Farm Credit, PCA's and Frontier Farm Credit FLCA's prepetition and postpetition lien, (b) constitute Frontier's cash collateral under 11 U.S.C. Sec. 363(a), and (c) be subject to the terms, conditions, and restrictions of all governing order(s) entered in these cases that authorize Debtors to use Frontier's cash collateral. 4. The remaining 40% of gross sale proceeds from the sale of the Subject Inventory shall be held by the Debtors in trust pending agreement of the parties or further Order of this Court. DCA Outdoor, Inc., all affiliates, and Valley Hill Tree Farm, LLC retain their respective claims for the remaining 40% of the gross sale proceeds. A copy of the Court's Order dated March 27, 2026, is available at https://urlcurt.com/u?l=r3GCR5 from PacerMonitor.com. Attorneys for Debtors: Colin N. Gotham, Esq. EVANS & MULLINIX, P.A. 7225 Renner Road, Suite 200 Shawnee, KS 66217 Tel: (913) 962-8700 Fax: (913) 962-8701 (Fax) E-mail: cgotham@emlawkc.com Chapter 7 Trustee for the Bankruptcy Estate of Tory Schwope: Norman Rouse, Esq. COLLINS, WEBSTER & ROUSE 5957 E. 20th Street Joplin, MO 64801 E-mail: twelch@cwrcave.com Counsel for Frontier Farm Credit, FLCA and Frontier Farm Credit, PCA: Lisa M. Peters, Esq. Victoria H. Buter, Esq. KUTAK ROCK LLP 1650 Farnam Street Omaha, NE 68102 Tel: (402) 346-6000 FaX: (402) 346-1148 Email: lisa.peters@kutakrock.com vicki.buter@kutakrock.com – and – Michael E. Brown, Esq. KUTAK ROCK LLP 2405 Grand Boulevard, Suite 600 Kansas City, MO 64108 Tel: (816) 960-0090 Fax: (816) 960-0041 E-mail: michael.brown@kutakrock.com 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. DEENA P. CARVAJAL: Cash Collateral Hearing Set for April 9 ---------------------------------------------------------- The U.S. Bankruptcy Court for the Middle District of Orlando, Tampa Division is set to hold a hearing on April 9 to consider extending Deena P. Carvajal Inc.'s authority to use cash collateral. The Debtor's authority to use cash collateral under the court's third preliminary order expires on April 9. The third preliminary order approved the payment of the Debtor's expenses from the cash collateral in accordance with its budget and granted the U.S. Small Business Administration and other secured creditors protection through post-petition replacement liens on the cash collateral, with the same priority and validity as their pre-bankruptcy liens. Deena owes approximately $219,400.00 to the SBA, which is secured by a lien on its personal property. As of the petition date, the Debtor held $10,786.05 in deposit accounts, which may be subject to creditors’ alleged liens and treated as cash collateral. About Deena P. Carvajal Inc. Deena P. Carvajal, Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 25-07326) on November 12, 2025, listing up to $50,000 in assets and between $500,001 and $1 million in liabilities. L. Todd Budgen, Esq., a practicing attorney in Longwood, Fla., serves as Subchapter V trustee. Judge Grace E. Robson presides over the case. Jeffrey Ainsworth, Esq., at Bransonlaw, PLLC represents the Debtor as bankruptcy counsel. DEL RAY II: Hires Cascade Capital Group as Financial Advisor ------------------------------------------------------------ Del Ray II LLC seeks approval from the U.S. Bankruptcy Court for the Western District of Washington to employ Cascade Capital Group, LLC as financial advisor and consultant. The firm's services include: -- assist the Debtor in its reorganization in the development of a plan of reorganization; -- completion of its bankruptcy schedules; modeling and improving its cash collateral budget and financial model for operations; to analyze and determine a reasonable interest rate; -- prepare a valuation analysis; -- testify in Court as needed; and -- other professional services as requested, including assisting Debtor's bankruptcy counsel, and enhancing its overall business operations. The firm will be paid at these rates: Mark Calvert $600 per hour Andrew Bargenda $300 per hour Staffs $250 per hour The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Mr. Calvert 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: Mark Calvert Cascade Capital Group, LLC 1501 Fourth Avenue, Suite 2840 Seattle, WA 98101 Tel: (206) 909-3636 Email: mark@cascadecapitalgroup.com About Del Ray II LLC Del Ray II LLC is a real estate investment and development company engaged in property acquisition, management, and related operations. Del Ray II LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-40834) on March 25, 2026. In its petition, the Debtor reports estimated assets of $10 million to $50 million and estimated liabilities of $10 million to $50 million. Honorable Bankruptcy Judge Mary Jo Heston handles the case. The Debtor is represented by Timothy J. Conway, Esq. of Tonkon Torp LLP. DEL RAY II: Seeks to Hire Tonkon Torp LLP as Counsel ---------------------------------------------------- Del Ray II LLC seeks approval from the U.S. Bankruptcy Court for the Western District of Washington to employ Tonkon Torp LLP as counsel. The firm will render these services: (a) advise the Debtor of its rights, powers, and duties in the continued operation and management of its business and property under Chapter 11 of the Code; (b) take all actions necessary to protect and preserve Debtor's bankruptcy estate; (c) advise Debtor concerning, and prepare on behalf of Debtor, all necessary legal papers, and review all financial and other reports required in connection with administration of this Chapter 11 case; (d) advise the Debtor with respect to, and assist in the negotiation and documentation of, financing agreements, debt and cash collateral orders, and related transactions; (e) review the nature and validity of any liens asserted against the Debtor's property and advise Debtor concerning the enforceability of such liens; (f) advise the Debtor regarding (i) its ability to initiate actions to collect and recover property for the benefit of its estate; (ii) any potential property dispositions; and (iii) executory contract and unexpired lease assumptions, assignments, and rejections, and lease restructuring and recharacterizations; (g) negotiate with creditors concerning a Chapter 11 plan, prepare the plan, disclosure statement, and related documents, and take the steps necessary to confirm and implement the plan; and (h) provide such other legal advice or services as may be required in connection with this Chapter 11 case. The firm will be paid at these rates: Timothy J. Conway, Partner $810 per hour Michael W. Fletcher, Partner $685 per hour Zoe Habekost, Associate $475 per hour Spencer C. Fisher, Paralegal $395 per hour Leslie Hurd, Legal Assistant $150 per hour Mr. Conway disclosed in a court filing that the firm is a "disinterested person" as that term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Timothy J. Conway, Esq. Tonkon Torp LLP 1300 SW 5th Ave., #2400 Portland, OR 97201 Tel: (503) 802-2089 About Del Ray II LLC Del Ray II LLC is a real estate investment and development company engaged in property acquisition, management, and related operations. Del Ray II LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-40834) on March 25, 2026. In its petition, the Debtor reports estimated assets of $10 million to $50 million and estimated liabilities of $10 million to $50 million. Honorable Bankruptcy Judge Mary Jo Heston handles the case. The Debtor is represented by Timothy J. Conway, Esq. of Tonkon Torp LLP. DIGGING DIRT: Court OKs Deal With CCGI to Use Cash Collateral ------------------------------------------------------------- The U.S. Bankruptcy Court for the Southern District of Georgia, Augusta Division, approved a stipulation between Digging Dirt Site Works, LLC and Commercial Credit Group, Inc. regarding the use of cash collateral. Commercial Credit Group is an equipment financing lender that previously funded the Debtor's acquisition of heavy construction equipment under two loan agreements, with principal amounts of $665,100 and $470,064. The loans are secured by the financed equipment, referred to in court filings as the equipment collateral, which the Debtor asserts is necessary to continue its business operations. Under the stipulation, Digging Dirt is authorized to use the equipment collateral to operate its business and provide Commercial Credit Group with protection through monthly payments and post-petition replacement liens on the same type of collateral. These replacement liens do not attach to Chapter 5 causes of action. The order is available at http://bankrupt.com/misc/DiggingDirt_StipCC.pdf About Digging Dirt Site Works LLC Digging Dirt Site Works, LLC, a company based in Appling, Georgia, provides grading, excavation, paving, and concrete services for commercial and government clients, operating a fleet of heavy machinery including excavators, dozers, loaders, and rollers to support its site development operations. Digging Dirt Site Works sought protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Ga. Case No. 25-10976) on December 19, 2025, with between $1 million and $10 million in both assets and liabilities. The Law Offices of Emmett L. Goodman, Jr., LLC serves as the Debtor's bankruptcy counsel. Commercial Credit Group Inc., as lender, is represented by: Karl E. Osmus, Esq. Wolfson & Osmus LLC P.O. Box 200 Thomasville GA 31792 229-257-0080 DTD PRECISION: Hires Keery McCue PLLC as Bankruptcy Counsel ----------------------------------------------------------- DTD Precision Gear & Machine, LLC seeks approval from the U.S. Bankruptcy Court for the District of Arizona to hire Keery McCue, PLLC as counsel. The firm's services include: (a) prepare pleadings and applications; (b) conduct examinations incidental to administration; (c) advise the Debtor of its rights, duties, and obligations under Chapter 11 of the Bankruptcy Code; (d) take any and all other necessary action incident to the proper preservation and administration of this Chapter 11 estate; and (e) advise the Debtor in the formulation and presentation of a plan pursuant to Chapter 11 of the Bankruptcy Code, the disclosure statement and concerning any and all matters relating thereto. The firm's hourly rates range from $175 to $550. Patrick Keery, Esq., an attorney at Keery McCue, 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: Patrick F Keery, Esq. Keery McCue, PLLC 6803 East Main Street, Suite 1116 Scottsdale, AZ 85251 Telephone: (480) 478-0709 Facsimile: (480) 478-0787 Email: pfk@keerymccue.com About DTD Precision Gear & Machine LLC DTD Precision Gear & Machine, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D. Ariz. 26-02301) on March 12, 2026. Patrick F. Keery, Esq., at Keery McCue, PLLC is the Debtor's legal counsel. E. GLUCK: Seeks to Hire Gary Herwitz of SAX Advisors as CRO ----------------------------------------------------------- E. Gluck Corporation seeks approval from the U.S. Bankruptcy Court for the Southern District of New York to employ SAX Advisors, LLC to designate Gary Herwitz as chief restructuring officer, and provide additional personnel. The firm's services include: -- working daily with the existing Lenders and their professionals for funding and other Lender information requests. -- developing and monitoring rolling 13 week cash flows and weekly variance analysis. -- developing a comprehensive 2025 Financial Projection. -- conducting a comprehensive review of the company's financial position, operations, and organizational structure. -- directly supervising the accounting department. -- analyzing warehouse and distribution costs and transition to economic logistic platform. -- advising the lead personnel to implement certain system processes and procedures. -- leadong the negotiation with Landlords. Licensors and key creditors. -- implementing the restructuring plan and Operating expense run rate aimed at improving profitability, cash flow, and overall operational efficiency. -- working closely with management and stakeholders to identify and address key challenges and opportunities. -- providing strategic advice on financial restructuring, debt negotiations, and potential asset divestitures. -- leading the process of coordinating due diligence materials for prospective Lenders and Investors. -- assisting in the development and execution of a communication plan to ensure transparency and stakeholder engagement throughout the restructuring process. -- assisting the Company and its other advisors in connection with evaluation, negotiation, and consummation of any sale/investment transaction. -- preparing all financial analysis as requested by outside professionals. -- providing such other matters as may be mutually agreed between the Company and CoMetrics. The firm will be paid at these rates: Managing Partner Gary Herwitz {CRO} $750 Partner Jack Shweky $650 Managing Director Kelvin Wen $500 Manager Adam Moskowitz $400 Staff $200 to $300 Gary Herwitz, a partner with SAX Advisory, assured the court that his firm is a "disinterested person" within the meaning of 11 U.S.C. Sec. 101(14). The firm can be reached through: Gary Herwitz SAX Advisors, LLC 1040 Avenue of the Americas 16th Floor New York, NY 10018 Phone: (212) 661-8640 About of E. Gluck Corporation E. Gluck Corporation -- https://egluck.com/ -- is an American watch manufacturer headquartered in Little Neck, New York. E. Gluck sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. N.Y. Case No. 25-12683 (MG)) on December 1, 2025. Judge Martin Glenn presides over the case. Alan D. Halperin at Halperin Battaglia Benzija, LLP, represents the Debtor as legal counsel. ECS BRANDS: Committee Hires Bonds Ellis Eppich Schafer as Counsel ----------------------------------------------------------------- The official committee of unsecured creditors of ECS Brands, Ltd. seeks approval from the U.S. Bankruptcy Court for the District of Colorado to employ Bonds Ellis Eppich Schafer Jones LLP as counsel. As of March 1, 2026, Bailey C. Pompea, Esq., the lead attorney, is no longer affiliated with MBF. On March 16, 2026, Ms. Pompea became affiliated with the law firm of Bonds Ellis Eppich Schafer Jones LLP. The Committee desires to continue representation with Ms. Pompea. The firm's services include: a. consulting with the Debtor and the Office of the United States Trustee regarding administration of the case; b. advising the Committee with respect to its rights, powers, and duties as they relate to the case; c. investigating the acts, conduct, assets, liabilities, and financial condition of the Debtor; d. assisting the Committee in analyzing the Debtor's pre-petition and post petition relationships with its creditors, equity interest holders, employees, and other parties in interest; e. assisting and negotiating on the Committee's behalf in matters relating to the claims of the Debtor's other creditors; f. assisting the Committee in preparing pleadings and applications as may be necessary to further the Committee's interests and objectives; g. researching, analyzing, investigating, filing and prosecuting litigation on behalf of the Committee; h. representing the Committee at hearings and other proceedings; i. reviewing and analyzing applications, orders, statements of operations, and schedules filed with the Court and advising the Committee regarding all such materials; j. aiding and enhancing the Committee's participation in formulating a plan; k. assisting the Committee in advising its constituents of the Committee's decisions, including the collection and filing of acceptances and rejections to any proposed plan; l. negotiating and mediating issues related to the value and payment of claims held by the Committee's constituency; and m. performing such other legal services as may be required and are deemed to be in the interest of the Committee. The firm will be paid at these rates: Ms. Pompea $450 per hour Partners Not to Exceed $550 Associates Not to Exceed $300 Paralegal $125 Ms. Pompea assured the court that her firm is a "disinterested person" within the meaning of 11 U.S.C. 101(14). The firm can be reached through: Bailey C. Pompea, Esq. Bonds Ellis Eppich Schafer Jones LLP 420 Throckmorton St., Suite 1000 Fort Worth, TX 76102 Phone: (817) 405-6900 Email: Bailey.Pompea@bondsellis.com About ECS Brands ECS Brands Ltd. is a privately held company specializing in hemp-derived products. Founded in 2018, ECS Brands focuses on manufacturing and supplying bulk hemp extracts, white-label products, and innovative formulations such as water-soluble nano emulsions. ECS Brands Ltd. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Col. Case No. 25-12101) on April 11, 2025. In its petition, the Debtor reports estimated assets and liabilities between $1 million and $10 million each. Honorable Bankruptcy Judge Thomas B. Mcnamara handles the case. The Debtor is represented by Jenny M.F. Fujii, Esq., at Kutner Brinen Dickey Riley PC. ELFAND ORGANIZATION: Delays Doom Challenge to Chapter 7 Conversion ------------------------------------------------------------------ Judge Michael E. Wiles of the U.S. Bankruptcy Court for the Southern District of New York denied Elfand Organization LLC's motion for rehearing, vacatur of the dismissal and reinstatement of the appeal with respect to two orders issued in the bankruptcy case. The Debtor's motion for an emergency stay is denied as moot. On Sept. 26, 2025, the bankruptcy court overseeing the Chapter 11 bankruptcy proceeding of Debtor Elfand Organization LLC, ordered that Debtor immediately surrender to landlord 268 Metropolitan Ave LLC certain nonresidential real property that Landlord had leased to Debtor and further ordered that the automatic stay under section 362 of the Bankruptcy Code be lifted to the extent necessary to permit Landlord to recover the property. On Sept. 30, 2025, the bankruptcy court ordered that the case be converted to a Chapter 7 liquidation bankruptcy proceeding. Debtor filed motions for reconsideration of those two Orders on Oct. 10 and 14, 2025, respectively. On Nov. 20, 2025, the bankruptcy court denied both motions for reconsideration. With respect to the Surrender Order, the bankruptcy court noted that Debtor had failed to file a motion to assume or reject the lease for the property within 120 days after the bankruptcy petition was filed, as required by section 365(d)(4) of the Bankruptcy Code, and also had not sought an extension of the 120-day deadline. As a result, the lease was deemed to have been rejected pursuant to section 365(d)(4), and Debtor was obligated immediately to surrender the property to Landlord. With respect to the Conversion Order, the bankruptcy court noted that it had converted the case in response to a motion by the Office of the United States Trustee to dismiss the case or, in the alternative, to convert it to a Chapter 7 case. The Trustee's motion stated that Debtor had failed to make required filings, to appear at two creditor meetings that it was statutorily obligated to attend and to pay required fees. Debtor neither disputed these delinquencies nor filed a timely response to the Trustee's motion. The bankruptcy court held that these failures by Debtor constituted grounds for the conversion of the case. On Dec. 5, 2025, Debtor filed in the bankruptcy court a Notice of Appeal of the Nov. 20, 2025, denial of reconsideration, triggering the 14-day deadline for Debtor to file with the bankruptcy Clerk of Court and serve on the appellant its designation of the items to be included in the record on appeal and statement of the issues to be presented, as required by Rule 8009 of the Federal Rules of Bankruptcy Procedure. Debtor did not file the Materials by the deadline. The appeal was dismissed on Feb. 17, 2026. On March 7, 2026, Debtor filed an untimely motion under FRBP 8022 seeking rehearing, vacatur of the dismissal and reinstatement of the appeal. The motion argues that relief from the dismissal is warranted under the "excusable neglect" standard because Debtor's delay in filing the Materials was the result of "personal hardship, holiday timing, and unfamiliarity with the dual-docket appellate structure" on the part of Debtor's counsel. According to the Court, this motion was not timely, as FRBP 8022 requires that such a motion be filed within fourteen days after the relevant judgment is entered, meaning the deadline was March 3, 2026. This motion also was untimely, as it was filed eight days after the Feb. 10, 2026, deadline for filing the Materials set by the District Court Order. The Court holds even if the motion were construed as seeking relief "from a final judgment, order, or proceeding" due to "mistake, inadvertence, surprise, or excusable neglect" under Rule 60(b)(1) of the Federal Rules of Civil Procedure, which is made applicable to bankruptcy cases by FRBP 9024, and which does not contain the same 14-day deadline, the motion would still be denied. Debtor cites (1) "pre-planned travel" during the holiday season, (2) the need to "restructure caseload across multiple matters," (3) "the terminal illness and death of an immediate family member" and (4) the fact that it was "counsel's first federal bankruptcy appeal" as the reasons that its counsel was delayed in filing the Materials. The Court says while some delay due to the death of a family member is excusable, the extent of the delay in this case dovetails into the second Pioneer factor -- "the length of the delay" -- and weighs against a finding of excusable neglect. The Court finds Debtor has not met its burden of demonstrating excusable neglect under the Pioneer test. Accordingly, the motion to vacate the Feb. 17, 2026, dismissal of the appeal fails even if the motion is construed as being under FRCP 60(b)(1) rather than FRBP 8022. A copy of the Court's Order dated March 25, 2026, is available at http://urlcurt.com/u?l=Ritelcfrom PacerMonitor.com. Elfand Organization LLC filed for Chapter 11 bankruptcy protection (Bankr. S.D.N.Y. Case No. 25-10308) on February 18, 2025, listing under $1 million in both assets and liabilities. The case was converted to Chapter 7 on Sept. 30, 2025. ELK RUN: Hires Myers Brettholtz & Company P.A. as Accountant ------------------------------------------------------------ Elk Run Property Owners Association, Inc. seeks approval from the U.S. Bankruptcy Court for the District of Colorado to employ Myers Brettholtz & Company, P.A. as accountant. The firm will assist in the preparation of federal and state tax returns as well as auditing the Debtor's various financial statements. The firm will be paid a flat fee of $6,500, plus reimbursement of reasonable expenses. Jennifer Coleman, a partner at Myers Brettholtz & Company, P.A., disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Jennifer Coleman Myers Brettholtz & Company, P.A. 12671 Whitehall Drive Fort Myers, FL 33907-3626 Tel: (239) 939-5775 Fax: (239) 939-3032 Email: mbcopa@mbcopa.com About Elk Run Property Owners Association, Inc. Elk Run Property Owners Association, Inc., Village Pointe Property Owners Association, Inc., and Masters Place Condominiums Property Owners Association, Inc. are not-for-profit property owners associations incorporated in Colorado in 1986, 1988, and 1989, respectively, and operate timeshare condominium properties in Pagosa Springs, Colorado. Elk Run Property Owners Association, Inc. and its affiliates filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Colo. Lead Case No. 26-10311) on January 20, 2026. At the time of filing, Elk Run Property Owners estimated $1 million to $10 million in assets and $100,000 to $500,000 in liabilities. The petitions for Elk Run Property Owners, Masters Place Condominiums, and Village Pointe Property were signed by their respective presidents, LuAnn Blea, Rusty Nabors, and Amy Bornmann. Kevin S. Neiman, Esq. at LAW OFFICES OF KEVIN S. NEIMAN, PC represents the Debtor as counsel. EMORY INDUSTRIAL: Seeks to Hire Eide Bailly LLP as Accountant ------------------------------------------------------------- Emory Industrial Services 1, Inc. and affiliates seek approval from the U.S. Bankruptcy Court for the Northern District of Texas to employ Eide Bailly LLP as accountant. The firm will provide these services: -- review and summarize the historical entity structure, including the formation of the Debtors' intention to operate versus how they were ultimately documented and reported; -- analyze major transactions and reorganizations beginning in 2022, including asset transfer and entity splits, the sale of their divisions; -- review available federal and state tax returns, identify which entities and years have been filed, and determine which returns are missing or incomplete; -- assess whether prior restructuring and transfer were executed in a tax-deferred manner or whether they may have triggered taxable events that require correction or disclosure; -- evaluate state and local filing considerations, including multistate exposure and prioritization in light of the Chapter 11 bankruptcy proceedings; -- coordinate with bankruptcy counsel, to align tax positions with the overall bankruptcy strategy and cost-benefit considerations. The firm will be paid at these rates: Partner $600 per hour Senior Manager $320 per hour Manager $265 per hour Senior Associate $210 per hour Associate $165 per hour The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Chris Gracey, a partner at Eide Bailly LLP, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Chris Gracey, Esq. Eide Bailly LLP 2355 E. Camelback Rd., Ste. 900 Phoenix North, AZ 85016-9065 Tel: (480) 315-1040 About Emory Industrial Services 1, Inc Emory Industrial Services 1 Inc., based in Abilene, Texas, provides industrial cleaning, maintenance, and repair services for heavy equipment and machinery, including dry ice blasting for surface cleaning. The Company serves sectors such as oil and gas, food and beverage, power generation, manufacturing, agriculture, and construction. Emory Dry Ice 1, Inc., operating under the Emory Dry Ice brand, produces and distributes dry ice products for industries such as pharmaceuticals, food, and logistics. Emory Industrial Products, Inc. and Emory Industrial Holdings, Inc. are affiliated entities within the Emory Industrial Services group. Emory Industrial Services 1 Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex. Case No. 25-44148) on October 27, 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 Mark X. Mullin handles the case. The Debtor is represented by Joseph F. Postnikoff, Esq., at Rochelle McCullough, LLP. ENGLEWOOD HOSPITALITY: Gets Extension to Access Cash Collateral --------------------------------------------------------------- Englewood Hospitality, LLC and its affiliates received another extension from the U.S. Bankruptcy Court for the District of New Jersey to use cash collateral. The court issued a third interim order authorizing the Debtors to use cash collateral through May 29 to pay expenses in accordance with an approved budget, subject to a 10% variance. As adequate protection for any collateral diminution, secured creditors including Connect One Bank, the U.S. Small Business Administration and merchant cash advance lenders will receive replacement liens on post-petition property, matching the validity and priority of their pre-petition liens. The liens are automatically perfected, exclude avoidance action proceeds, and are subordinate to the fee carveout. As additional protection, secured creditors may also assert a superpriority claim under section 507(b) of the Bankruptcy Code, subject to the Debtors' defenses. The order imposes detailed reporting, insurance, and payment obligations on the Debtors and sets forth specific events of default that could terminate cash collateral use. A final hearing is scheduled for May 28, with objections due by May 21. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/N2Mw4 from PacerMonitor.com. About Englewood Hospitality LLC Englewood Hospitality, LLC operates a restaurant in Englewood, New Jersey, and Lefkes Delray LLC runs a restaurant in Delray, Florida, with both participating in the full-service restaurant industry. Englewood Hospitality filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D.N.J. Case No. 25-22962) on December 8, 2025, with $534,205 in assets and $1,308,989 in liabilities. Georgia Dumas, founder and managing partner, signed the petition. Andreas Koutsoudakis, Esq., and Robert L. Rattet, Esq., at Davidoff Hutcher & Citron, LLP represents the Debtor as legal counsel. EQUITECS: Daniel Etlinger Named Subchapter V Trustee ---------------------------------------------------- The Acting U.S. Trustee for Region 21 appointed Daniel Etlinger of Underwood Murray, P.A. as Subchapter V trustee for Equitecs. Mr. Etlinger will be paid an hourly fee of $350 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Etlinger declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Daniel E. Etlinger Underwood Murray, P.A. 100 N. Tampa Street, Suite 2325 Tampa Florida 33602 (813) 540-8401 Email: detlinger@underwoodmurray.com About Equitecs Equitecs sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Fla. Case No. 26-30281) on March 18, 2026, with $100,001 to $500,000 in assets and liabilities. Judge Karen K. Specie presides over the case. Michael Austen Wynn, Esq. at Stichter Riedel Blain & Postler represents the Debtor as legal counsel. EQUITECS: Seeks Court OK to Tap Stichter Riedel Blain as Counsel ---------------------------------------------------------------- Equitecs fka Equi=Tape Inc. Holding seeks approval from the U.S. Bankruptcy Court for the Northern District of Florida to employ Stichter, Riedel, Blain & Postler, P.A. as counsel. The firm's services include: a. rendering legal advice with respect to the Debtor's powers and duties as debtor in possession and the continued management of their property; b. preparing on behalf of the Debtor necessary motions, applications, orders, reports, pleadings, and other legal papers; c. appearing before this Court and the United States Trustee to represent and protect the interests of the Debtor; d. assisting with and participating in negotiations with creditors and other parties in interest in formulating a plan of reorganization, drafting such a plan, and taking necessary legal steps to confirm such a plan; e. representing the Debtor in all adversary proceedings, contested matters, and matters involving administration of this case; f. representing the Debtor in negotiations with potential financing sources, and preparing contracts, security instruments, and other documents necessary to obtain financing; and g. performing all other legal services that may be necessary for the proper preservation and administration of this Chapter 11 case. 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. Stichter Riedel has received the sum of $11,738 on account of prepetition services and as a retainer for postpetition services. According to court filings, Stichter, Riedel, Blain & Postler, P.A. is a "disinterested person" within the meaning of Section 101(14) of the Bankruptcy Code. The firm can be reached at: Michael A. Wynn, Esq. Stichter Riedel Blain & Postler, P.A. 430 West 5th St., Suite 400 Panama City, FL 32401-6356 Tel: (850) 303-7800 Email: mwynn@srbp.com About Equitecs fka Equi=Tape Inc. Holding Equitecs fka Equi=Tape Inc. Holding filed a Chapter 11 bankruptcy petition (Bankr. N.D. Fla. Case No. 26-30281) on March 18, 2026. The Debtor hires Stichter, Riedel, Blain & Postler, P.A. as counsel. ER OF TEXAS: Landlord Wins Bid to Waive Local Counsel Requirement ----------------------------------------------------------------- The U.S. Bankruptcy Court for the Northern District of Texas granted the motion to waive the Local Counsel Requirement of Local Rule 2090-4 filed by SCF RC Funding IV, LLC and their counsel Ballard Spahr LLP, in the bankruptcy case of ER of Texas, LLC. Ballard Spahr LLP may represent the Landlord in this case without local counsel. This Order is subject to the Court's decision to later require Ballard Spahr LLP to retain local counsel. A copy of the Court's Order dated March 26, 2026, is available at https://urlcurt.com/u?l=OZXGOj from PacerMonitor.com. Attorneys for SCF RC Funding IV, LLC: Craig Solomon Ganz, Esq. Joel F. Newell, Esq. Ballard Spahr LLP 1 East Washington Street, Suite 2300 Phoenix, AZ 85004 Telephone: 602-798-5400 Facsimile: 214-798-5595 E-mail: ganzc@ballardspahr.com newellj@ballardspahr.com About ER of Texas LLC ER of Texas, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex. Case No. 26-40606) on Feb. 10, 2026. In the petition signed by Ron Walraven, manager, the Debtor disclosed up to $100 million in assets and up to $50 million in liabilities. Richard Grant, Esq., at CM Law LLP, represents the Debtor as legal counsel. ESTHER SCHOOL: Voluntary Chapter 11 Case Summary ------------------------------------------------ Debtor: Esther School, Inc. 5418 Madison Street New Port Richey, FL 34652 Business Description: Esther School, Inc. is a Florida not-for-profit corporation that operates a private Christian school providing faith-based primary education from its headquarters in New Port Richey, Pasco County, Florida. Founded by Esther Berry in 2005, the school has educated more than 1,400 students over its 20 years in operation. Chapter 11 Petition Date: April 3, 2026 Court: United States Bankruptcy Court Middle District of Florida Case No.: 26-02746 Judge: Hon. Roberta A Colton Debtor's Counsel: John A. Anthony, Esq. ANTHONY AND PARTNERS, LLC 100 S. Ashley Dr. Suite 1600 Tampa, FL 33602 Tel: 813-273-5616 E-mail: janthony@anthonyandpartners.com Debtor's Accountant: STONECIPHER CONSULTING Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Natasha Griffin as president. The Debtor did not submit a list of its 20 largest unsecured creditors along with the petition. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/BTCUKRI/Esther_School_Inc__flmbke-26-02746__0001.0.pdf?mcid=tGE4TAMA EXCLUSIVE OPTICAL: Plan Exclusivity Period Extended to Aug. 5 ------------------------------------------------------------- Judge Jil Mazer-Marino of the U.S. Bankruptcy Court for the Eastern District of New York extended Exclusive Optical, Inc.'s exclusive periods to file a plan of reorganization and disclosure statement and obtain acceptance thereof to Aug. 5 and Oct. 5, 2026, respectively. As shared by Troubled Company Reporter, the Debtor explains that it needs an additional time to negotiate settlement terms with the U.S. Small Business Administration and other Creditors, to obtain Court approval for the reached 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 the requested extensions of the exclusivity period to file a plan will not harm any economic stakeholder. Rather, the time will be used to resolve a claim filed by the U.S. Small Business Administration. 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. The Debtor asserts that it should be afforded a full, fair. And reasonable opportunity to negotiate, propose, file, and solicit acceptances of its chapter 11 plan. This first requested extension of the time period to file a plan is warranted and necessary to afford the debtor a meaningful opportunity to pursue the chapter 11 reorganization process and build a consensus among economic stakeholders all as contemplated by chapter 11 of the Bankruptcy Code. Exclusive Optical 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 Exclusive Optical Exclusive Optical, Inc., filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. E.D.N.Y. Case No. 25-44904) on October 9, 2025, listing $50,001 to $100,000 in assets and $500,001 to $1 million in liabilities. Judge Jil Mazer-Marino presides over the case. Alla Kachan, at Law Offices Of Alla Kachan P.C., serves as the Debtor's counsel. FABRICATION DESIGNS: Stephen Metz Named Subchapter V Trustee ------------------------------------------------------------ The Acting U.S. Trustee for Region 4 appointed Stephen Metz of Offit Kurman, P.A. as Subchapter V trustee for Fabrication Designs, Inc. Mr. Metz will be paid an hourly fee of $660 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Metz declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Stephen Metz Offit Kurman, P.A. 7501 Wisconsin Avenue, Suite 1000W Bethesda, Maryland 20814 Phone: (240) 507-1723 Email: smetz@offitkurman.com About Fabrication Designs Inc. Fabrication Designs, Inc. is a Hanover, Maryland-based manufacturer specializing in forced-entry and bullet-resistant (FEBR) security systems. Founded in 1988, the company produces made-to-order products including doors, windows, louvers, and guard booths. It provides integrated services spanning in-house manufacturing, engineering, and installation, serving customers in the security and defense sectors. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Md. Case No. 26-13061) on March 23, 2026, with $500,000 to $1 million in assets and $1 million to $10 million in liabilities. Kenneth Best, president, signed the petition. Joseph Selba, Esq., at Tydings Rosenberg, LLP represents the Debtor as legal counsel. FINLEY DESIGN: Smith Debnam Advises Marlin Leasing & EM Structural ------------------------------------------------------------------ In the Chapter 11 bankruptcy cases of Finley Design, P.A. d/b/a Finley Design PA Architecture+Interiors, and its debtor-affiliates, Smith Debnam Narron Drake Saintsing & Myers, LLP filed with the United States Bankruptcy Court for the Eastern District of North Carolina, Raleigh Division, a Verified Statement pursuant to Bankruptcy Rule 2019 to inform the Court that the law firm represents creditors. Smith Debnam is a limited liability partnership located in Raleigh, North Carolina. Smith Debnam is counsel for the creditors whose names, addresses, nature, and amounts of their claims and the time of acquisitions thereof (except as to claims alleged to have been acquired more than one year before the filing of said petition) are: A. Marlin Leasing Corporation d/b/a PEAC Solutions c/o Byron L. Saintsing Smith Debnam Narron Drake Saintsing & Myers, LLP P.O. Box 176010 Raleigh, NC 27619-6010 Nature of Claim Breach of Business Loan and Security Agreement for money loaned in the principal amount of $150,000.00 Principal Amount $76,500.00 Time of Acquisition July 2023 B. EM Structural, PLLC c/o Byron L. Saintsing Smith Debnam Narron Drake Saintsing & Myers, LLP P.O. Box 176010 Raleigh, NC 27619-6010 Nature of Claim Breach of contract for engineering services and structural assessments provided to Debtor Principal Amount $73,645.00 Time of Acquisition April 2023 The facts and circumstances in connection with Smith Debnam's employment by the companies are: -- Smith Debnam was retained by Marlin to represent its interests in the case related to the breach of the terms of its Business Loan and Security Agreement and the balance due on the same. -- Smith Debnam was retained by EM Structural to represent its interests in the case related to the Debtor's breach of contract with EM Structural in its failure to pay EM Structural for the engineering services and structural assessments provided by it to the Debtor for three separate projects identified as follows: (a) Project Womble Farm Structural Assessment located at 11785 US 15 501 N., Chapel Hill, North Carolina; (b) Project Edinburgh Wendell Apartments located in Wendell, North Carolina; and (c)Project Evolve Lake Wales-Polk County Florida located in Polk County, Florida. Smith Debnam does not own, nor has it ever owned, any claim whatsoever against the Debtor in the case, nor does Smith Debnam own any equity securities of the Debtor. Each entity or person listed has consented to the joint representation. Counsel for Marlin Leasing Corporation d/b/a PEAC Solutions and EM Structural, PLLC: Byron L. Saintsing, Esq. Smith Debnam Narron Drake Saintsing & Myers, LLP P.O. bOX 176010 Raleigh, NC 27619-6010 Tel: (919) 250-2000 Fax: (919) 250-2100 E-mail:bsaintsing@smithdebnamlaw.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. FOUR DIRT: Hires Law Office of Charles Fitzpatrick as Counsel ------------------------------------------------------------- Four Dirt, LLC seeks approval from the U.S. Bankruptcy Court for the Northern District of Ohio to hire Law Office of Charles Fitzpatrick as counsel. The firm will render these services: (a) advise the Debtor of its rights, powers and duties as debtor and debtor in possession continuing to operate and manage his business and property; (b) advise the Debtor concerning, and assist in the negotiation and documentation of financing agreements and related transactions; (c) review the nature and validity of liens asserted against the Debtor's property and advise the Debtor concerning the enforceability of such liens; (d) advise the Debtor concerning the actions that the Debtor may take to collect and recover property for the benefit of the Debtor's estate; (e) prepare on behalf of the Debtor all necessary and appropriate applications, motions, pleadings, draft orders, notices, schedules and other documents, and review all financial reports to be filed in this case; (f) advise the Debtor concerning, and prepare responses to, applications, motions, pleadings, notices and other papers that may be filed and served in this case; (g) counsel the Debtor in connection with the formulation, negotiation and promulgation of plan(s) of reorganization and related documents; (h) advise and assist the Debtor in connection with any disposition of assets; (i) advise the Debtor concerning executory contract and unexpired lease assumptions, assignments and rejections and lease restructurings; and (j) perform such other legal services for and on behalf of the Debtor as may be necessary or appropriate in the administration of this case and the Debtor's business, including advice and assistance to the Debtor with respect to debt restructuring and general matters. The firm will charge $30,000 for legal services on a flat-fee basis, inclusive of pre-petition and post-petition work. The firm's current hourly rates are: Charles Fitzpatrick, Principal $425 Of-Counsel Attorney $375 Associate Attorney $325 Non-attorney staff $185 Prior to the Petition Date, the Debtor paid to Law Office of Charles Fitzpatrick a fee in the amount of $15,000 for services rendered in connection with this case. In addition, the debtor paid to Law Office of Charles Fitzpatrick the sum of $1,738 to cover the filing fee in this case, which was applied at the time of filing. As disclosed in the court filings, Law Office of Charles Fitzpatrick is a disinterested person as defined in section 101(14) of the Bankruptcy Code. The firm can be reached through: Charles Fitzpatrick, Esq. CHARLES E FITZTRICK IV ESQ LLC 250 South Chestnut Street, Suite 17 Ravenna, OH 44266 Tel: (330) 577-4002 E-mail: charles@fitzpatrickesq.com About Four Dirt LLC Four Dirt, LLC, a company in Hanoverton, Ohio, operates PlanetSXS.com, an e-commerce retailer of off-road vehicle parts and accessories, including UTVs, ATVs, and dirt bikes. It sells products such as wheels, tires, lift kits, windshields, and protective gear through its online platform and maintains a physical warehouse and distribution hub at its Hanoverton location for order fulfillment and local pickup. Four Dirt filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. N.D. Ohio Case No. 26-40132) on February 5, 2026, listing assets of between $100,001 and $500,000 and liabilities of between $1 million and $10 million. Judge Tiiara NA Patton presides over the case. Charles Edward Fitzpatrick, IV, Esq., at the Law Office of Charles Fitzpatrick represents the Debtor as bankruptcy counsel. FRED RAU: Court Extends Cash Collateral Access to May 2 ------------------------------------------------------- The U.S. Bankruptcy Court for the Eastern District of California, Fresno Division, granted Fred Rau Dairy Inc. another extension to use cash collateral. The court authorized the Debtor to use cash collateral through May 2, in accordance with the approved weekly budget, subject to a 10% variance. The previously approved stipulation with AgWest Farm Credit, FLCA and AgWest Farm Credit, PCA continues to govern the use of cash collateral. As adequate protection, creditors holding security interests in the cash collateral will be granted automatically perfected replacement liens on all of the Debtor's property retroactive to the petition date. These replacement liens will have the same validity, priority, and extent as their pre-bankruptcy liens and adequate protection payments continue to accrue as administrative expenses. A further hearing is scheduled for April 22. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/uElDS from PacerMonitor.com. About Fred Rau Dairy Inc. Fred Rau Dairy, Inc. operates a large-scale dairy farm in Fresno, California. The family-owned business utilizes advanced robotic milking systems and automated feeding technologies. It has been part of the regional agricultural sector since 1976. Fred Rau Dairy sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Cal. Case No. 25-11791) on May 29, 2025. In its petition, the Debtor reported between $10 million and $50 million in both assets and liabilities. Judge Jennifer E. Niemann handles the case. The Debtor tapped Peter L. Fear, Esq., at Fear Waddell, P.C. as legal counsel and Boos & Associates, P.C. as financial consultant and accountant. FRENCH SEAM: Douglas Adelsperger Named Subchapter V Trustee ----------------------------------------------------------- The Acting U.S. Trustee for Region 10 appointed Douglas Adelsperger, Esq., as Subchapter V trustee for The French Seam Inc. Mr. Adelsperger will be paid an hourly fee of $425 for his services as Subchapter V trustee and will be reimbursed for work related expenses incurred. Mr. Adelsperger declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Douglas R. Adelsperger, Trustee 1251 N. Eddy St., Suite 200 South Bend, IN 46617 Tel: (260) 407-0909 Email: trustee@adelspergerlawoffices.com About The French Seam Inc. The French Seam, Inc. filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. S.D. Ind. Case No. 25-00814) on February 24, 2025, listing up to $50,000 in assets and up to $1 million in liabilities. Judy Wolf Weiker of Manewitz Weiker Associates, LLC serves as Subchapter V trustee. Judge Andrea K. Mccord oversees the case. The Debtor is Represented By: Jeffrey M. Hester, Esq. Hester Baker Krebs LLC Tel: 317-833-3030 Email: jhester@hbkfirm.com FRIEDENBACH FAMILY: Cash Collateral Access Extended to April 15 --------------------------------------------------------------- Friedenbach Family Farms, LLC received interim approval from the U.S. Bankruptcy Court for the Eastern District of California, Fresno Division, to use cash collateral. The court entered an interim order authorizing the Debtor to use cash collateral through April 15 in accordance with an approved budget. The funds authorized total $578,956.22, derived from a portion of approximately $1.9 million in crop insurance proceeds, and are limited to specified operational purposes. The Debtor is required to make a $50,000 payment toward its oldest Fresno County property tax liability in addition to what was already budgeted. As protection, Westlands Capital Partners 1, LLC, a secured creditor, will be granted automatically perfected replacement liens on all pre-petition and post-petition property of the Debtor, maintaining the same priority and validity as its original liens. The court scheduled a continued hearing for April 15. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/EkG94 from PacerMonitor.com. About Friedenbach Family Farms LLC Friedenbach Family Farms, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Cal. Case No. 26-10638) with $10 million to $50 million in both assets and liabilities. The petition was signed by Kurt Michael Friedenback as manager. Judge Jennifer E. Niemann oversees the case. The Debtor is represented by: Peter A. Sauer, Esq. Fear Waddell, P.C. 7650 N. Palm Avenue Suite 101 Fresno CA 93711 Tel: (559) 436-6575 Email: psauer@fearlaw.com G-4 FAMILY: Commences Subchapter V Bankruptcy in New York --------------------------------------------------------- On March 30, 2026, G-4 Family Holdings, Inc. filed for Chapter 11 protection in the Eastern District of New York. According to the court filing, the Debtor reports between $0 and $100,000 in debt owed to 1–49 creditors. A meeting of creditors, filed by United States Trustee, under Section 341(a) to be held on April 23, 2026 at 02:00 PM at USA Toll-Free (888) 330-1716, USA Caller Paid/International Toll (713) 353-7024, Access Code 7219992. About G-4 Family Holdings, Inc. G-4 Family Holdings, Inc. is a New York-based holding company that manages and oversees family-owned investments, which may include real estate, business interests, or financial assets. G-4 Family Holdings, Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-71225) on March 30, 2026. In its petition, the Debtor reports estimated assets of $1 million–$10 million and estimated liabilities of $0–$100,000. Honorable Bankruptcy Judge Sheryl P. Giugliano handles the case. The Debtor is represented by Alex Spizz, Esq. of Tarter Krinsky & Drogin LLP. GALAXY TREE: Gets Interim OK to Use Cash Collateral --------------------------------------------------- The U.S. Bankruptcy Court for the Eastern District of Michigan Southern Division - Detroit granted Galaxy Tree Service, LLC interim authority to use cash collateral. Under the interim order, the Debtor is authorized to use up to $583,184.10 in cash collateral pending entry of a final order. The Debtor must adhere to a court-approved budget, subject to a 10% variance. The Debtor's budget shows total operational expenses of $107,625.70 for March, $98,049.70 for April, and $99,793.70 for May. As adequate protection, secured creditors including Altec Capital Services, LLC, Newtek Small Business Finance, LLC, Leaf Capital Funding, LLC, and Bluevine will be granted replacement liens on post-petition assets similar to their pre-petition collateral, with equivalent priority. However, these liens do not apply to Chapter 5 avoidance claims and certain surcharge rights. A final hearing is scheduled for April 16. The order is available at http://bankrupt.com/misc/GalaxyTree_InterimCCOrder.pdf About Galaxy Tree Service LLC Galaxy Tree Service, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Mich. Case No. 26-42371) on March 6, 2026, listing up to $50,000 in assets and $1 million to $10 million in liabilities. Robert Pachana, chief executive officer of Galaxy Tree Service, signed the petition. Judge Maria L. Oxholm oversees the case. The Debtor is represented by: Edward J. Gudeman, Esq. Gudeman & Associates, P.C. Tel: 248-546-2800 Email: ecf@gudemanlaw.com GLOBAL HOSPITALITY: Case Summary & 16 Unsecured Creditors --------------------------------------------------------- Debtor: Global Hospitality Management Group, Inc. 806 Green Valley Road, Suite 200 Greensboro, NC 27408 Business Description: Global Hospitality Management Group, Inc. provides hospitality consulting and hotel management services, offering revenue optimization, sales and marketing planning, financial analysis, and operational support, while advising on hotel acquisitions, renovations, and brand selection. Its services are utilized by hotel owners, investors, lenders, and businesses seeking to improve performance or develop hospitality assets. Chapter 11 Petition Date: April 2, 2026 Court: United States Bankruptcy Court Middle District of North Carolina Case No.: 26-10255 Debtor's Counsel: Dirk W. Siegmund, Esq. IVEY, MCCLELLAN, SIEGMUND, BRUMBAUGH & MCDONOUGH, LLP 305 Blandwood Ave Greensboro, NC 27401 Tel: 336-274-4658 Fax: 336-274-4540 Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Jerry Gilmore as president. A full-text copy of the petition, which includes a list of the Debtor's 16 unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/4SPQLMY/Global_Hospitality_Management__ncmbke-26-10255__0001.0.pdf?mcid=tGE4TAMA GLOBAL LUXURY: Hires Orville & McDonald Law as Bankruptcy Counsel ----------------------------------------------------------------- Global Luxury Bath, LLC, seeks approval from the U.S. Bankruptcy Court for the Northern District of New York to hire Orville & McDonald Law, P.C. as counsel. The firm will provide these services: (a) give the Debtor and Debtor-in-Possession legal advice with respect to their powers and duties in the continued operation of its business and in the management of their property; (b) take necessary action to avoid liens against Debtor's property, remove restraints against Debtor's property and such other actions to remove any encumbrances or liens which are avoidable, which were placed against the property of the Debtor prior to the filing of the Petition and at a time when the Debtor was insolvent; (c) take necessary action to enjoin and stay until final decree herein any attempts by secured creditors to enforce liens upon property of the Debtor's in which property Debtor has substantial equity; (d) represent the Debtor, as Debtor-in-Possession, in any proceedings which may be instituted in this Court by creditors or other parties during the course of this proceeding; (e) prepare on behalf of the Debtor, as Debtor-in-Possession, necessary petitions, answers, orders, reports and other legal papers; and (f) perform all other legal services for the Debtor as Debtor-in-Possession or to employ attorneys for such services. The firm will be paid at these hourly rates: Peter Orville, Attorney $450 Zachary McDonald, Attorney $300 Non-Lawyer Staff $125 In addition, the firm will seek reimbursement for expenses incurred. The firm requested a retainer in the amount of $10,262 from the Debtor. Orville & McDonald Law, P.C. 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: Peter A. Orville, Esq. ORVILLE & McDONALD LAW, P.C. 30 Riverside Drive Binghamton, NY 13905 Telephone: (607) 770-1007 About Global Luxury Bath, LLC Global Luxury Bath, LLC operates a luxury bath products distribution and e-commerce business in Endicott, New York. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. N.Y. Case No. 26-60231-6) on March 19, 2026. In the petition signed by Brian Keenan, president, the Debtor disclosed up to $50,000 in assets and up to $500,000 in liabilities. Peter A. Orville, Esq., at Orville & McDonald Law, P.C., represents the Debtor as legal counsel. GOLDNER CAPITAL: Hires Cullen and Dykman LLP as Counsel ------------------------------------------------------- GCM Manager LLC, one of the Debtors in the bankruptcy case of Goldner Capital Management, LLC and affiliates, seeks approval from the U.S. Bankruptcy Court for the Eastern District of New York to employ Cullen and Dykman LLP as counsel. The firm's services include: (a) advising the Debtor with respect to its powers and duties in the continued operation of its business and management of its property as a debtor and debtor-in-possession; (b) representing the Debtor before this Court in the main Chapter 11 case on matters pertaining to its affairs as a debtor and debtor-in-possession, including make or responding to motions concerning the Chapter 11 case as necessary and appropriate; (c) advising and assisting the Debtor in the preparation and negotiation of a plan of reorganization with its creditors and other parties in interest; (d) preparing all necessary or appropriate applications, motions, orders, reports and other legal documents for filing in the Chapter 11 case; (e) performing all other legal services for the Debtor that may be necessary and appropriate in the Chapter 11 case; and (f) taking all necessary and appropriate actions in the Chapter 11 case to protect and preserve the value of the estate of the Debtor and other related matters. The firm will be paid at these rates: Partners $675 to $985 per hour Associates $250 to $575 per hour The firm received a retainer of $20,000. The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Mr. Roseman 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 G. Roseman, Esq. Thomas R. Slome, Esq. Kelly McNamee, Esq. CULLEN AND DYKMAN LLP 333 Earle Ovington Boulevard, 2nd Floor Uniondale, NY 11553 Telephone: (516) 357-3700 Email: mroseman@cullenllp.com tslome@cullenllp.com kmcnamee@cullenllp.com About Goldner Capital Management, LLC Goldner Capital Management LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D.N.Y. Case No. 24-73789) on October 2, 2024. In the petition filed by Samuel Goldner, as manager, the Debtor reports estimated assets up to $50,000 and estimated liabilities between $10 million and $50 million. Bankruptcy Judge Alan S. Trust handles the case. The Debtor is represented by Gary F. Herbst, Esq. at LAMONICA HERBST & MANISCALCO, LLP. GREEN IMPACT: Launches SISP with May 28 Deadline for Qualified Bids ------------------------------------------------------------------- In the matter of Green Impact Partners Inc.. Green Impact Partners Holdings Ltd., Transition Energy Inc., 2302922 Alberta Ltd., Green Impact Operating Corp., Akira Infra I Ltd., Green Impact Partners U.S., Inc., and Akira Infrastructure LLC, effective February 17, 2026, after 11:59 pm (MST), an initial order issued by the Court of King's Bench of Alberta came into effect and the Companies obtained creditor protection under the CCAA. Pursuant to the Initial Order, Ernst & Young Inc. was appointed Monitor of the Companies. An Amended and Restated Initial Order was subsequently granted on February 23, 2026 which confirmed the continuation of the CCAA and the appointment of the Monitor. Generally, the Companies operate a network of water recycling, waste handling, and hydrocarbon recovery facilities across Alberta and Saskatchewan, serving energy and industrial customers through processing and disposal of liquid and solid wastes. The Companies also hold various shareholdings and investments in other recycling/energy related entities. Sale and Investment Solicitation Process As noted above, the Court granted an ARIO and an approval of sale and investment solicitation process order authorizing the Monitor to conduct the SISP for the Companies. The objective of the SISP is to generate interest in the business, undertakings or assets of the Companies, or a combination thereof in the form of outright offers to purchase or investment proposals. The deadline for receipt of Qualified Bids as defined in the SISP is currently expected to be no later than May 28, 2026, which is subject to change/extension by the Monitor. For additional information on the SISP and to participate therein, please contact the following representatives of the Monitor: Darcy Yamada, Managing Director Alexander May, Vice President Email: darcy.yamada@parthenon.ey.com Email: alexander.may@parthenon.ey.com A copy of the SISP Order can be found on the Monitor's website at Green Impact Partners. Further materials including orders of the court, creditor listings, Monitor's reports and other information relating to these CCAA proceedings will be posted to the Monitor's website and also available for viewing. If you are unable to obtain a copy of the documents filed on the Monitor's website or have questions about the CCAA proceedings, please contact Hazem Ismail by email at Hazem. Ismail@parthenon.ey.com or at 1 (403) 206-5045. About Green Impact Partners Inc. Green Impact Partners Inc. is forging a path towards a sustainable future by turning waste into energy. With a focus on renewable natural gas (RNG) and bioenergy projects, our mission is to acquire, develop, construct, and operate facilities that not only produce energy but also play an important role in waste reduction and lowering emissions. Our comprehensive approach spans the entire project life cycle, from idea generation through construction to ongoing operations. In addition to our RNG and bioenergy projects, GIP maintains a current portfolio of water and solids treatment and recycling facilities in Canada, alongside a solids recycling business in the United States. Traded on the TSX Venture Exchange under the symbol 'GIP', the Company invites you to join us in our journey. For more information about the Company, please visit www.greenipi.com. HAWTHORNE RACE: Committee Hires Husch Blackwell LLP as Counsel -------------------------------------------------------------- The official committee of unsecured creditors of Hawthorne Race Course, Inc. and affiliates seeks approval from the U.S. Bankruptcy Court for the Northern District of Illinois to employ Husch Blackwell LLP as counsel. The firm's services include: a. assisting, advising, and representing the Committee with respect to the administration of these bankruptcy cases; b. providing all necessary legal advice with respect to the Committee's rights, powers, and duties, as well as all legal issues as they arise; c. assisting the Committee in working to maximize the value of the Debtors' assets for the benefit of the Debtors' unsecured creditors; d. assisting, advising, and representing the Committee in analyzing the Debtors' assets and liabilities, investigating the extent and validity of liens or other interests in the Debtors' property, and participating in, reviewing, and negotiating terms of any proposed asset sales, any asset dispositions, financing arrangements and cash collateral stipulations or proceedings; e. assisting the Committee with respect to evaluating and negotiating a plan of reorganization or liquidation and, if necessary, either challenging or supporting, as appropriate, the confirmation of a plan and the approval of an associated disclosure statement; f. representing the committee in any and all matters arising in these bankruptcy cases, including any dispute or issue with the Debtors or third parties; g. commencing and prosecuting any and all necessary and appropriate actions and proceedings on behalf of the Committee in these bankruptcy cases; h. preparing, on behalf of the Committee, necessary applications, pleadings, motions, answers, orders, reports and other legal papers; i. communicating with the Committee's constituents and others as the Committee may consider necessary or desirable in furtherance of its responsibilities; j. appearing at hearings and other proceedings to represent the interests of the Committee; and k. providing such other services to the Committee as may be necessary in these cases or any related proceeding. The firm will be paid at these rates: John Cruciani, Partner $1,000 per hour Buffey Klein, Partner $950 per hour Michael Brandess, Partner $925 per hour Ryan Burgett, Partner $750 per hour Thomas Zavala, Senior Associate $700 per hour Alejandra Garcia Castro, Associate $675 per hour Luis Hidalgo, Associate $675 per hour Penny Keller, Senior Paralegal $400 per hour The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Ms. Brandess 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 A. Brandess, Esq. HUSCH BLACKWELL LLP 120 South Riverside Plaza, Suite 2200 Chicago, IL 60606 Tel: (312) 526-1542 Fax: (312) 655-1501 Email: Michael.Brandess@huschblackwell.com About Hawthorne Race Course, Inc. Hawthorne Race Course Inc. operates a historic racetrack that provides Thoroughbred and Standardbred racing events along with off-track betting throughout Chicago. Hawthorne Race Course Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 26-03505) on February 27, 2026. In its petition, the Debtor reports assets ranging from $50 million to $100 million and liabilities between $100 million and $500 million. Honorable Bankruptcy Judge Timothy A. Barnes handles the case. The Debtor is represented by Barry A. Chatz, Esq. of Saul Ewing Arnstein & Lehr LLP. Getzler Henrich & Associates serves as Financial Advisor, Omni Agent Solutions as Claims Agent. HAWTHORNE RACE: Committee Hires Province LLC as Financial Advisor ----------------------------------------------------------------- The official committee of unsecured creditors of Hawthorne Race Course, Inc. and affiliates seeks approval from the U.S. Bankruptcy Court for the Northern District of Illinois to employ Province, LLC as financial advisor. The firm's services include: a. becoming familiar with and analyzing the Debtors' debtor in possession and cash collateral budgets, assets and liabilities, and overall financial condition; b. reviewing financial and operational information furnished by the Debtors; c. monitoring any sale processes, interfacing with the Debtors' professionals, and advising the Committee regarding the process; d. scrutinizing the economic terms of various agreements, including, but not limited to, various professional retentions; e. analyzing the Debtors' proposed business plans and developing alternative scenarios, if necessary; f. assessing the Debtors' various pleadings and proposed treatment of unsecured creditor claims therefrom; g. assisting the Committee's investigation of the acts, conduct, assets, liabilities and financial condition of the Debtors and their affiliates, including certain transactions preceding the bankruptcy filing and the formation of the Debtors; h. analyzing claims against the Debtors and non-Debtor affiliates; i. assisting and advising the Committee and counsel regarding the identification and prosecution of estate claims, including in connection with any issues regarding the filing of the Chapter 11 cases and the propriety of the filings; j. assisting and advising the Committee in its review and analysis of, and negotiations with the Debtors and non-Debtor affiliates related to, intercompany transactions and claims; k. preparing, or reviewing as applicable, avoidance action and claim analyses; l. assisting the Committee in reviewing the Debtors' financial reports, including, but not limited to, statements of financial affairs, schedules of assets and liabilities, cash collateral budgets, and monthly operating reports; m. advising the Committee on the current state of these Chapter 11 cases; n. preparing and updating waterfall analyses and the components thereof for the Committee to analyze potential claims recoveries under various scenarios; o. advising the Committee in negotiations with the Debtors and third parties as necessary; p. if necessary, participating as a witness in hearings before the Court with respect to matters upon which Province has provided advice; and q. other activities as are approved by the Committee, the Committee's counsel, and as agreed to by Province. The firm will be paid at these rates: Managing Directors and Partners $900 to $1,600 per hour Vice Presidents, Directors, and Senior Directors $700 to $1,050 per hour Analysts, Associates, and Senior Associates $370 to $750 per hour Paraprofessional/Admin/Interns $270 to $380 per hour The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Paul Navid, a partner at Province, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Paul Navid Province, LLC 2360 Corporate Circle, Suite 340 Hendersn, NV 89074 About Hawthorne Race Course, Inc. Hawthorne Race Course Inc. operates a historic racetrack that provides Thoroughbred and Standardbred racing events along with off-track betting throughout Chicago. Hawthorne Race Course Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 26-03505) on February 27, 2026. In its petition, the Debtor reports assets ranging from $50 million to $100 million and liabilities between $100 million and $500 million. Honorable Bankruptcy Judge Timothy A. Barnes handles the case. The Debtor is represented by Barry A. Chatz, Esq. of Saul Ewing Arnstein & Lehr LLP. Getzler Henrich & Associates serves as Financial Advisor, Omni Agent Solutions as Claims Agent. HEART 2 HEART: Quality of Care Improved, 7th PCO Report Says ------------------------------------------------------------ Deborah Fish, the patient care ombudsman, filed with the U.S. Bankruptcy Court for the Northern District of West Virginia her seventh report regarding the quality of patient care provided by Heart 2 Heart Volunteer's, Inc. In the report which covers the period Jan. 30 to March 27, the PCO noted the general liability and professional liability insurance policies held by the Debtor, which remain in effect until July 1, 2026. A copy of the insurance certificate has been provided to the PCO. The PCO cited that current staffing levels are adequate to meet the needs and requirements of residents in the programs. With the census reduced to 32 residents, the Debtor maintains sufficient staffing based on established ratios. Moreover, the Trustee hired a new intake staff member. The Debtor is seeking a part-time driver, and the Trustee is collaborating with the team to prioritize this recruitment. Ms. Fish observed that issues persisted with resident intake, including incomplete or missing forms, delays in sending assessments to nursing staff, and insufficient follow-up with prospective residents after the Trustee's appointment. A new intake specialist was hired; she is an RN and has commenced work. The PCO stated that the Trustee has brought stability, fostered a sense of impartiality, and inspired the staff. As a result, residents experience improved outcomes. Staff members communicate more effectively, residents feel they are being heard and the overall atmosphere within the facility is more positive. Ms. Fish noted that, pursuant to Section 333(b)(3), the quality of patient care provided to residents of the debtor has improved since the appointment of the Trustee and is not being materially compromised. The staff remain dedicated to the residents, their care, and successful completion of the program. A copy of the ombudsman report is available for free at https://urlcurt.com/u?l=PVGJin from PacerMonitor.com. The ombudsman may be reached at: Deborah L. Fish 211 West Fort Street Suite 705 Detroit, MI 48226 313.309.3171 Email: dfish@allardfishpc.com About Heart 2 Heart Volunteers Inc. Heart 2 Heart Volunteers Inc., doing business as Serenity Hills Life Center, operates three addiction recovery centers and treatment facilities. Heart 2 Heart Volunteers sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D.W. Va. Case No. 25-00087) on February 27, 2025. In its petition, the Debtor reported between $1 million and $10 million in both assets and liabilities. Judge David L. Bissett oversees the case. The Debtor is represented by Kirk B. Burkley, Esq., at Bernstein-Burkley, P.C. Deborah L. Fish is the patient care ombudsman appointed in the Debtor's Chapter 11 case. HOOSIER VIEW: Commences Chapter 7 Bankruptcy in Colorado -------------------------------------------------------- On April 3, 2026, Hoosier View LLC filed for Chapter 7 protection in the U.S. Bankruptcy Court for the District of Colorado. According to court filings, the Debtor reports between $100,001 and $1,000,000 in debt owed to between 1 and 49 creditors. About Hoosier View LLC Hoosier View LLC is a business entity engaged in investment and property-related activities, though specific operations were not disclosed in initial filings. Hoosier View LLC sought relief under Chapter 7 of the U.S. Bankruptcy Code (Bankr. Case No. 26-12203) on April 3, 2026. In its petition, the Debtor reports estimated assets of $100,001 to $1,000,000 and estimated liabilities of $100,001 to $1,000,000. Honorable Bankruptcy Kimberley H. Tyson handles the case. INFINITY CARE: Hires Marshack Hays Wood as General Counsel ---------------------------------------------------------- Infinity Care of East L.A. seeks approval from the U.S. Bankruptcy Court for the Central District of California to employ Marshack Hays Wood LLP as general counsel. The firm will provide these services: (a) develop and draft the Chapter 11 Plan; (b) negotiate with creditors to gain support for the Plan; (c) file motions and applications to protect the Debtor's interests as necessary; (d) assist in any possible liquidation of the Debtor's assets and administer the Bankruptcy Estate; (e) ensure compliance with the Bankruptcy Code, the Federal Rule Bankruptcy Procedure (FRBP), and the Local Bankruptcy Rules; (f) represent the Debtor in any proceeding or hearing in the Bankruptcy Court and in any action where its rights or the estate may be litigated or affected; and (g) perform any and all other legal services incident and necessary for the smooth administration of this bankruptcy case. The firm will be paid at these rates: Richard Marshack, Partner $795 per hour D. Edward Hays, Partner $795 per hour David Wood, Partner $690 per hour Aaron de Leest, Partner $690 per hour Kristine Thagard, Of Counsel $690 per hour Matthew Grimshaw, Of Counsel $690 per hour Chad Haes, Of Counsel $690 per hour Laila Rais, Partner $650 per hour Tinho Mang, Senior Counsel $650 per hour Alina Mamlyuk, Of Counsel $600 per hour Bradford Barnhardt, Associate $550 per hour Sarah Hasselberger, Associate $550 per hour Devan de los Reyes, Associate $490 per hour Pamela Kraus, Paralegal $390 per hour Chanel Mendoza, Paralegal $390 per hour Layla Buchanan, Paralegal $390 per hour Cynthia Bastida, Paralegal $390 per hour Sandra Pineda, Paralegal $390 per hour Laurel Dinkins, Paralegal $390 per hour Chantaal Arnold, Paralegal $370 per hour In addition, the firm will seek reimbursement for expenses incurred. Pre-petition, the firm received from the Debtor a retainer of $50,000. Aaron de Leest disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Aaron de Leest, Esq. Marshack Hays Wood LLP 870 Roosevelt Irvine, CA 92620 Telephone: (949) 333-7777 Facsimile: (949) 333-7778 Email: adeleest@marshackhays.com About Infinity Care of East L.A. Infinity Care of East L.A. operates as a skilled nursing facility in Los Angeles, California, providing 24-hour nursing care, long-term residential services, and rehabilitation therapy. The facility is certified to participate in Medicare and Medicaid programs and serves patients requiring post-acute and extended care. Infinity Care of East of L.A. in Los Angeles, CA, sought relief under Chapter 11 of the Bankruptcy Code filed its voluntary petition for Chapter 11 protection (Bankr. C.D. Cal. Case No. 26-11877) on Feb. 27, 2026, listing as much as $1 million to $10 million in both assets and liabilities. David M. Goodrich as chief restructuring officer, signed the petition. MARSHACK HAYS WOOD LLP serve as the Debtor's legal counsel. INFINITY CARE: U.S. Trustee Appoints Fay Gordon as PCO ------------------------------------------------------ Peter C. Anderson, the U.S. Trustee for Region 16, appointed Fay Gordon as patient care ombudsman for Infinity Care of East of L.A. The appointment was made pursuant to the order from the U.S. Bankruptcy Court for the Central District of California on March 17. To the best of the U.S. Trustee's knowledge and based on the PCO's verified statement, Ms. Gordon has no connections with Infinity Care, creditors and other parties-in-interest in the bankruptcy case. About Infinity Care of East of L.A. Infinity Care of East of L.A. operates as a skilled nursing facility in Los Angeles, California, providing 24-hour nursing care, long-term residential services, and rehabilitation therapy. The facility is certified to participate in Medicare and Medicaid programs and serves patients requiring post-acute and extended care. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Calif. Case No. 26-11877) on Feb. 27, 2026, with $1 million to $10 million in assets and liabilities. David M. Goodrich, chief restructuring officer, signed the petition. David A. Wood, Esq. at MARSHACK HAYS WOOD LLP represents the Debtor as legal counsel. INGLES PRODUCE: Taps H&H Accounting & Tax Service as Accountant --------------------------------------------------------------- Ingles Produce, Inc. seeks approval from the U.S. Bankruptcy Court for the Southern District of Florida to employ H&H Accounting & Tax Service LLP as accountant. The firm will render these services: A. Bankruptcy Reporting 1. preparation of Monthly Operating Reports (MORs) in compliance with U.S. Trustee guidelines 2. assistance with cash flow reporting; 3. reconciliation of debtor-in-possession bank accounts; and 4. assistance with court-required financial disclosures. B. Accounting Services 1. maintenance or reconstruction of books and records; 2. cash-basis financial statements, as required; 3. accounts payable and receivable tracking; and 4. fixed asset schedules and depreciation records. C. Tax Services 1. preparation of federal and state income tax returns; 2. preparation of payroll tax filings; 3. sales and use-tax filings; and 4. assistance with post-petition tax compliance. The firm will be paid at these rates: Partner $325 Manager $225 Staff $125 The firm received an initial retainer in the amount of $5,000. As disclosed in the court filings, H & H Accounting and Tax Services is a "disinterested person" as defined in 11 U.S.C. Sec. 101(14). The firm can be reached through: Winston Hylton H & H Accounting and Tax Services 33 Village Drive W. Yardville, NJ 08620 Tel: (609) 802-8241 Email: hhacctg@yahoo.com About Ingles Produce Inc. Ingles Produce, Inc. filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-25031) on December 19, 2025, listing between $500,001 and $1 million in assets and between $1 million and $10 million in liabilities. Tarek Kiem, Esq., at Kiem Law, PLLC serves as Subchapter V trustee. Aaron A. Wernick, Esq., at Wernick Law, PLLC represents the Debtor as bankruptcy counsel. INSPIRED HEALTHCARE: U.S. Trustee Appoints Amanda Celentano as PCO ------------------------------------------------------------------ Lisa L. Lambert, the U.S. Trustee for Region 6, appointed Amanda Celentano as patient care ombudsman at Maryland senior living facility operated by Inspired Healthcare Capital Holdings, LLC and affiliates. To the best of the United States Trustee's knowledge and based on the verified statement she has provided, Ms. Celentano has no connections with Inspired Healthcare, creditors and other parties-in-interest in the bankruptcy case. The ombudsman may be reached at: Amanda Celentano Maryland Department of Aging 301 W. Preston Street, Room 1007 Baltimore, MD 21201 Phone: (410)767-2161 Fax: (410)333-7943 Email: amanda.celentano@maryland.gov About Inspired Healthcare Capital Holdings LLC Inspired Healthcare Capital Holdings, LLC, owns senior living communities across the U.S. that provide independent living, assisted living and memory care services. It operates in the senior housing and healthcare real estate sector, with day-to-day community operations managed by third-party operators under management agreements, while the Company retains control over non-community business functions. Inspired Healthcare Capital Holdings sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Texas Lead Case No. 26-90004) on Feb. 2, 2026. In the petition signed by M. Benjamin Jones, chief restructuring officer, Inspired Healthcare Capital Holdings reported between $1 billion and $10 billion in both assets and liabilities. Judge Mark X Mullin oversees the cases. The Debtors tapped McDermott Will & Schulte, LLP as bankruptcy counsel; Ankura Consulting Group, LLC as financial advisor; Raymond James & Associates, Inc., as an investment banker, and Epiq Corporate Restructuring, LLC as claims, noticing, and solicitation agent. INSPIRED HEALTHCARE: U.S. Trustee Appoints Kelly Richards as PCO ---------------------------------------------------------------- Lisa L. Lambert, the U.S. Trustee for Region 6, appointed Kelly Richards as patient care ombudsman at Illinois senior living facilities operated by Inspired Healthcare Capital Holdings, LLC and affiliates. To the best of the United States Trustee's knowledge and based on the verified statement she has provided, Ms. Richards has no connections with Inspired Healthcare, creditors and other parties-in-interest in the bankruptcy case. The ombudsman may be reached at: Kelly Richards Illinois State Long-Term Care Ombudsman 555 W. Monroe Street, 15th Floor Chicago, Illinois 60661 Office: 312-814-1203 Cell: 312-909-8676 (cell) Email: Kelly.Richards@illinois.gov About Inspired Healthcare Capital Holdings LLC Inspired Healthcare Capital Holdings, LLC, owns senior living communities across the U.S. that provide independent living, assisted living and memory care services. It operates in the senior housing and healthcare real estate sector, with day-to-day community operations managed by third-party operators under management agreements, while the Company retains control over non-community business functions. Inspired Healthcare Capital Holdings sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Texas Lead Case No. 26-90004) on Feb. 2, 2026. In the petition signed by M. Benjamin Jones, chief restructuring officer, Inspired Healthcare Capital Holdings reported between $1 billion and $10 billion in both assets and liabilities. Judge Mark X Mullin oversees the cases. The Debtors tapped McDermott Will & Schulte, LLP as bankruptcy counsel; Ankura Consulting Group, LLC as financial advisor; Raymond James & Associates, Inc., as an investment banker, and Epiq Corporate Restructuring, LLC as claims, noticing, and solicitation agent. INSPIRED HEALTHCARE: U.S. Trustee Appoints Marie Coe as PCO ----------------------------------------------------------- Lisa L. Lambert, the U.S. Trustee for Region 6, appointed Marie Coe as patient care ombudsman at Nevada senior living facilities operated by Inspired Healthcare Capital Holdings, LLC and affiliates. To the best of the United States Trustee's knowledge and based on the verified statement she has provided, Ms. Coe has no connections with Inspired Healthcare, creditors and other parties-in-interest in the bankruptcy case. The ombudsman may be reached at: Marie Coe State LTC Ombudsman Nevada Department of Health and Human Services Aging and Disability Services Division Long Term Care Ombudsman Program 10375 Professional Circle Reno, NV 89521 Phone: (775) 842-7078 Agency Number: (775) 684-2964 Fax: (775) 688-2969 Email: macoe@adsd.nv.gov About Inspired Healthcare Capital Holdings LLC Inspired Healthcare Capital Holdings, LLC, owns senior living communities across the U.S. that provide independent living, assisted living and memory care services. It operates in the senior housing and healthcare real estate sector, with day-to-day community operations managed by third-party operators under management agreements, while the Company retains control over non-community business functions. Inspired Healthcare Capital Holdings sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Texas Lead Case No. 26-90004) on Feb. 2, 2026. In the petition signed by M. Benjamin Jones, chief restructuring officer, Inspired Healthcare Capital Holdings reported between $1 billion and $10 billion in both assets and liabilities. Judge Mark X Mullin oversees the cases. The Debtors tapped McDermott Will & Schulte, LLP as bankruptcy counsel; Ankura Consulting Group, LLC as financial advisor; Raymond James & Associates, Inc., as an investment banker, and Epiq Corporate Restructuring, LLC as claims, noticing, and solicitation agent. INSPIRED HEALTHCARE: U.S. Trustee Appoints Melanie McNeil as PCO ---------------------------------------------------------------- Lisa L. Lambert, the U.S. Trustee for Region 6, appointed Melanie McNeil as patient care ombudsman at Georgia senior living facilities operated by Inspired Healthcare Capital Holdings, LLC and affiliates. To the best of the United States Trustee's knowledge and based on the verified statement she has provided, Ms. McNeil has no connections with Inspired Healthcare, creditors and other parties-in-interest in the bankruptcy case. The ombudsman may be reached at: Ms. Melanie McNeil State LTC Ombudsman Office of the State LTCO 2 Peachtree Street, NW, 33rd Floor Atlanta, GA 30303-3142 Phone: (404)657-5327 Fax: (404)463-8384 Email: melanie.mcneil@osltco.ga.gov About Inspired Healthcare Capital Holdings LLC Inspired Healthcare Capital Holdings, LLC, owns senior living communities across the U.S. that provide independent living, assisted living and memory care services. It operates in the senior housing and healthcare real estate sector, with day-to-day community operations managed by third-party operators under management agreements, while the Company retains control over non-community business functions. Inspired Healthcare Capital Holdings sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Texas Lead Case No. 26-90004) on Feb. 2, 2026. In the petition signed by M. Benjamin Jones, chief restructuring officer, Inspired Healthcare Capital Holdings reported between $1 billion and $10 billion in both assets and liabilities. Judge Mark X Mullin oversees the cases. The Debtors tapped McDermott Will & Schulte, LLP as bankruptcy counsel; Ankura Consulting Group, LLC as financial advisor; Raymond James & Associates, Inc., as an investment banker, and Epiq Corporate Restructuring, LLC as claims, noticing, and solicitation agent. INTEGRATED ENDOSCOPY: Plan Exclusivity Period Extended to June 30 ----------------------------------------------------------------- Judge Scott C. Clarkson of the U.S. Bankruptcy Court for the Central District of California extended Integrated Endoscopy, Inc.'s exclusive period to file a plan of reorganization and disclosure statement to June 30, 2026. As shared by Troubled Company Reporter, the Debtor explains that factors demonstrate that "cause" for an extension of the exclusivity period exists. * Factor 1: The size and complexity of the case. Regarding the first factor, the Debtor's bankruptcy case presents complex issues of corporate law that must be considered when resolving the RCT Claim as well as claims of the Debtor's former officers and/or employees, including Brad Sharp and Andrew Sharp. The Examiner has been appointed, which further supports the idea that this case is a complex one. * Factor 2: The necessity of sufficient time to permit the Debtor to negotiate a plan of reorganization and prepare adequate information. Regarding the second factor, the Debtor's largest creditor is the RCT. While RCT timely filed a proof of claim, the Debtor is still investigating the RCT Claim and actions of RCT, which may lead to claims Debtor may have against RCT and/or Brad Sharp. While these claims do not need to be resolved prior to the filing of a plan, the Debtor must have, at minimum, the Examiner's report to determine what types of claims to disclose in the plan and to ensure that the treatment is appropriate. * Factor 3: the existence of good faith progress toward reorganization. Regarding the third factor, the Debtor is making good faith progress toward reorganization. The Debtor has obtained the Bar Date, which has passed, and is evaluating the claims filed against it. In addition, the Debtor has been working with the Examiner, RCT, and Mr. Sharp to obtain information and documents to assess the claims of the parties. * Factor 4: The fact that the Debtor is paying its bills as they become due. The fourth factor also shows cause exists because the Debtor is paying its bills as they become due. This is reflected in the Debtor's Monthly Operating Reports. Integrated Endoscopy Inc. is represented by: David R. Haberbush, Esq. Vanessa M. Haberbush, Esq. Lane K. Bogard, Esq. Haberbush LLP 444 West Ocean Boulevard, Suite 1400 Long Beach, CA 90802 Telephone: (562) 435-3456 Facsimile: (562) 435-6335 E-mail: dhaberbush@lbinsolvency.com About Integrated Endoscopy Inc. Integrated Endoscopy Inc. develops wireless arthroscopic and single-use rigid endoscope technology for surgical applications. Headquartered in Irvine, California, the privately held Company was founded in 1996 following its acquisition of Micro Optics Development Engineering Labs' optical design assets and markets its Nuvis Single-Use Arthroscope with plans to extend into additional procedure-specific endoscopes. Its intellectual property portfolio includes 19 issued patents across the U.S., Europe, Japan, Australia, and Canada covering lens systems, LED lighting, and molded glass optics. Integrated Endoscopy sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Calif. Case No. 25-12121) on July 31, 2025. In its petition, the Debtor reported between $10 million and $50 million in assets and liabilities. Honorable Bankruptcy Judge Scott C. Clarkson handles the case. The Debtor is represented by Vanessa H. Haberbush, at Haberbush, LLP. INTERNATIONAL SUPPORT: Hires Randolph Law PLLC as Special Counsel ----------------------------------------------------------------- International Support Group, LLC seeks approval from the U.S. Bankruptcy Court for the Southern District of Florida to hire Randolph Law, PLLC as special counsel. The firm will perform legal services related to negotiating contract claims with the federal government and if necessary appealing claims. Christopher R. Shiplett, Esq., a partner Randolph Law, will charge $550 per hour. Mr. Shiplett assured the court that his firm is a "disinterested person" within the meaning of 11 U.S.C. Sec. 101(14). The firm can be reached through: Christopher R. Shiplett, Esq. Randolph Law, PLLC 252 N Washington St Falls Church, VA 22046 About International Support Group LLC International Support Group, LLC is a facilities maintenance company that has provided services to the federal government since 2009 and operates primarily in Broward County, Florida. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-12738) on March 4, 2026. In the petition signed by Robert Bennett, owner/president, the Debtor disclosed up to $10 million in both assets and liabilities. Thomas L. Abrams, Esq., at Thomas L Abrams PA, represents the Debtor as legal counsel. INVESTMENTS SWK: Wray Suit vs Chapter 7 Trustee Dismissed --------------------------------------------------------- Chief Judge Scott M. Grossman of the United States Bankruptcy Court for the Southern District of Florida dismissed the adversary proceeding captioned as LORNE A. WRAY, Plaintiff, v. MARC P. BARMAT, Chapter 7 Trustee, Defendant, Adv. No. 25-1391-SMG (Bankr. S.D. Fla.) for lack of subject matter jurisdiction. Mr. Barmat's motion to dismiss is granted in part and denied in part. On July 25, 2024, the Bankruptcy Court approved the trustee's sale of an office building for $5.5 million. The sale price was insufficient to pay in full all claims secured by an interest in the office building and thus did not result in any proceeds being available for distribution to general unsecured creditors. Certain secured creditors, however, consented to a "carveout" from their proceeds to provide funds for the administration of the case. Even this amount, however, was insufficient to pay in full all chapter 7 and chapter 11 administrative expense claims, or any other unsecured claims given priority in payment by the Bankruptcy Code. As a result, general unsecured creditors were not slated to receive a distribution in this case. Mr. Wray -- representing himself -- had filed a $157,088.95 unsecured proof of claim for management services and consulting fees. On July 19, 2024, the United States trustee objected to Mr. Wray's claim. After Mr. Wray failed to timely file any response to the objection, on Sept. 13, 2024, the Bankruptcy Court entered an order sustaining the objection and disallowing Mr. Wray's claim. On Nov. 13, 2025, the Court then entered an order approving and awarding final fees and expenses to Mr. Barmat as trustee, as well as to Mr. Barmat's law firm, Furr and Cohen, P.A., as attorneys for the trustee. About an hour before the time set for the final fee application hearings in the Bankruptcy Court, Mr. Wray -- rather than attending and raising any objections (to the extent he even had standing to do so) -- instead filed a complaint for damages against Mr. Barmat in the Circuit Court of the 15th Judicial Circuit in and for Palm Beach County, Florida. Mr. Wray asserted six counts against Mr. Barmat, seeking damages of $157,088.95, plus treble damages of $457,266.85, plus punitive damages of $2,000,000.00 under Florida Statutes Sec. 768.73(b)(2)(c), for a total claim of $2,628,335.80: Count I – Marc P. Barmat's (the "Trustee") Deceptive Tactic I, Violations of Court Order; Count II – Marc P. Barmat's (the "Trustee") Deceptive Tactic II, Violation and abuse of Court Order; Count III – Marc P. Barmat's (the "Trustee") Deceptive Tactic III, Trustee's Violation of Florida Statute Sec. 817.034 ("Scheme to Defraud"); Count IV – Marc P. Barmat's (the "Trustee") Deceptive Tactic IV, Act of Violation, Intentional Misconduct and Gross Negligence Actions; Count V – Marc P. Barmat's (the "Trustee") Deceptive Tactic V, Mail Fraud; and Count VI – Marc P. Barmat's (the "Trustee") Deceptive Tactic VI, Fraudulent Scheme, Marc P. Barmat, Trustee, is "collectable." Through these six counts, Mr. Wray essentially alleges that Mr. Barmat obstructed Mr. Wray's mail by taking possession of mailbox keys, the result of which was that Mr. Wray allegedly did not receive certain correspondence, including the United States trustee's objection to his proof of claim. Although the Bankruptcy Court has approved final compensation applications for Mr. Barmat and his professionals in the debtor's bankruptcy case, and Mr. Barmat has begun making final distributions from the estate, he has not concluded doing so. As such, the case remains open. According to Mr. Barmat at the Feb. 3, 2026 hearing, he is still holding approximately $30,000.00 for distribution to holders of certain unpaid administrative expense claims. Mr. Barmat removed the state court civil action to the Bankruptcy Court under 28 U.S.C. Sec. 1452, and now seeks its dismissal with prejudice based on judicial immunity, res judicata and collateral estoppel, and for failure to state a claim upon which relief may be granted. According to the Court, under the Barton doctrine, before suing a court-appointed fiduciary in a court other than that which appointed the fiduciary, the plaintiff must first obtain leave of the appointing court to do so. Failure to obtain prior leave deprives the court in which suit is brought of subject matter jurisdiction. The Court notes the bankruptcy case is still open and there is still an estate over which the Bankruptcy Court has exclusive jurisdiction. As such, the Barton doctrine applies and, as a result, the state court lacked subject matter jurisdiction over Mr. Wray's complaint because he did not first obtain leave of this Court before filing his suit. Because removal jurisdiction is a derivative jurisdiction, however, if there was no jurisdiction in the state court, then the Bankruptcy Court also lacks subject matter jurisdiction. Mr. Barmat's removal of that suit to the Bankruptcy Court does not cure the jurisdictional defect. There was no jurisdiction when the complaint was filed, so there is no jurisdiction here, and the Court must therefore dismiss Mr. Wray's complaint. A copy of the Court's Order dated March 24, 2026, is available at http://urlcurt.com/u?l=bmDWCSfrom PacerMonitor.com. About Investments SWK LLC Investments SWK, LLC was a single asset real estate debtor (as defined in 11 U.S.C. Section 101(51B)). The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 24-10630) on Jan. 24, 2024, with $1 million to $10 million in both assets and liabilities. Lorne A. Wray, authorized member, signed the petition. Judge Peter D. Russin presides over the case. Sherri B. Simpson, Esq., at Simpson Law Group, represented the Debtor as bankruptcy counsel. The case converted to Chapter 7 on May 2, 2024. Marc P. Barmat is the Chapter 7 trustee. JAF LTD: Court Allows $30,876 in Attorneys' Fees, Costs ------------------------------------------------------- Judge Timothy A. Barnes of the United States Bankruptcy Court for the Northern District of Illinois issues his findings of fact and conclusions of law in support of the order awarding to E. Philip Groben and Gensburg Calandiello & Kanter, P.C., attorneys for JAF, Ltd., for allowance and payment of final compensation and reimbursement of expenses. TOTAL FEES REQUESTED: $29,595.00 TOTAL COSTS REQUESTED: $1,989.17 TOTAL FEES REDUCED: $707.75 TOTAL COSTS REDUCED: $0.00 TOTAL FEES ALLOWED: $28,887.25 TOTAL COSTS ALLOWED: $1,989.17 TOTAL FEES AND COSTS ALLOWED: $30,876.42 The Court denies the allowance in part of compensation for the indicated task(s) since the professional or paraprofessional expended an unreasonable amount of time on the task(s) in light of the nature of the task(s), the experience and knowledge of the professional performing the task(s), and the amount of time previously expended by the professional or another on the task(s). As to the time devoted to the preparation of the fee application itself, the Court denies the allowance of compensation that is disproportionate to the total hours in the main case. However, for applications for compensation that request total fees of $10,000.00 or less, the Court will allow compensation for the time devoted to the preparation of the fee application itself in the following manner: For the first $5,000.00 of total compensation requested, the Court will limit time devoted to preparation of the fee application to 10% of total compensation requested and will allow 5% of additional total compensation requested for time devoted to preparation of the fee application. The total of disallowed amounts for unreasonable time is $707.75. A copy of the Court's Findings of Fact and Conclusions of Law dated March 25, 2026, is available at http://urlcurt.com/u?l=qbSebvfrom PacerMonitor.com. About JAF Ltd. JAF Ltd. is a small Illinois corporation with locations in Chicago. JAF Ltd. sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 25-13020) on August 1, 2025. In its petition, the Debtor reports estimated assets up to $50,000 and estimated liabilities between $100,000 and $500,000. Honorable Bankruptcy Judge Timothy A. Barnes handles the case. The Debtor is represented by E. Philip Groben, III, Esq. of Gensburg Calandriello & Kanter, P.C. JAF LTD: Court Allows $7,350 in Accountant Fees ----------------------------------------------- Judge Timothy A. Barnes of the United States Bankruptcy Court for the Northern District of Illinois issues his findings of fact and conclusions of law in support of the order awarding to Danny Papavasiliou and Vellios Accounting, accountant for JAF, Ltd., for allowance and payment of final compensation and reimbursement of expenses. TOTAL FEES REQUESTED: $9,000.00 TOTAL COSTS REQUESTED: $0.00 TOTAL FEES REDUCED: $1,650.00 TOTAL COSTS REDUCED: $0.00 TOTAL FEES ALLOWED: $7,350.00 TOTAL COSTS ALLOWED: $0.00 TOTAL FEES AND COSTS ALLOWED: $7,350.00 Despite the use of improper time increments for billing, the court has elected not to impose a penalty with respect to the affected time entries. The court denies the allowance of compensation for services that duplicate those of another professional or paraprofessional. As the overall majority of services in the attached time entries are attributed to Matt Garcia, the court denies the allowance of compensation for the attached time entries attributed to Danny Papavasiliou for services also attributed to Matt Garcia without adequate demonstration that both professionals contributed in a meaningful way. The total of disallowed amounts for duplication of services is $1,650.00. A copy of the Court's Findings of Fact and Conclusions of Law dated March 25, 2026, is available at http://urlcurt.com/u?l=9GO6Idfrom PacerMonitor.com. About JAF Ltd. JAF Ltd. is a small Illinois corporation with locations in Chicago. JAF Ltd. sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 25-13020) on August 1, 2025. In its petition, the Debtor reports estimated assets up to $50,000 and estimated liabilities between $100,000 and $500,000. Honorable Bankruptcy Judge Timothy A. Barnes handles the case. The Debtor is represented by E. Philip Groben, III, Esq., of Gensburg Calandriello & Kanter, P.C. JAYBROOK RENTALS: Seeks to Hire Johns & Associates as Attorney -------------------------------------------------------------- Jaybrook Rentals, LLC seeks approval from the U.S. Bankruptcy Court for the Southern District of West Virginia to hire Johns & Associates, PLLC, as attorneys. The firm will provide these services: (a) advise the Debtor with respect to its powers and duties in the management of its business; (b) prepare legal papers; and (c) perform all other necessary legal services. The hourly rates of the firm's counsel and staff are: Brian R. Blickenstaff $550 Paralegal $150 The firm received an initial retainer of $15,000. Brian Blickenstaff, Esq., an attorney at Johns & Associates, disclosed in a court filing that the firm is a "disinterested person" as that term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Brian R. Blickenstaff, Esq. Johns & Associates, PLLC 808 Greenbrier Street Charleston, WV 25311 Telephone: (304) 720-2300 Facsimile: (304) 720-2311 Email: bblickenstaff@johnswvlaw.com About Jaybrook Rentals, LLC Jaybrook Rentals, LLC, based in Summersville, West Virginia, is a limited liability company engaged in real estate rental and leasing. Jaybrook Rentals, LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. S.D.W.V. Case No. 26-20054) on March 2, 2026, listing $1 million to $10 million in both assets and liabilities. The petition was signed by Billy R. Dyer as member. Judge B Mckay Mignault presides over the case. Brian R. Blickenstaff, Esq. at JOHNS & ASSOCIATES, PLLC serves as the Debtor's counsel. JS REALTY: Jolene Wee Named Subchapter V Trustee ------------------------------------------------ The U.S. Trustee for Region 2 appointed Jolene Wee of JW Infinity Consulting, LLC as Subchapter V trustee for JS Realty Investor LLC. Ms. Wee will be compensated at $660 per hour for work performed in 2026. In addition, the Subchapter V trustee will receive reimbursement for work-related expenses incurred. Ms. Wee declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Jolene E. Wee JW Infinity Consulting, LLC 447 Broadway 2nd Fl #502 New York, NY 10013 Telephone: (929) 502-7715 Facsimile: (646) 810-3989 Email: jwee@jw-infinity.com About JS Realty Investor LLC JS Realty Investor LLC is a New York-based real estate investment company engaged in acquiring, managing, and developing property assets. JS Realty Investor LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-10600) on March 20, 2026. In its petition, the Debtor reports estimated assets of $0-$100,000 and estimated liabilities of $100,001-$1,000,000. Honorable Bankruptcy Judge Philip Bentley handles the case. JUMPSTART COMMUNICATIONS: Fails to Pay Filing Fee, Case Tossed -------------------------------------------------------------- Judge Robert E. Grant of the U.S. Bankruptcy Court for the Northern District of Indiana denied Jumpstart Communications LLC's motion to reconsider dismissal of bankruptcy case for non-payment. The Debtor's motion to expedite a hearing on the motion is moot. This case was dismissed on March 30, 2026, due to the debtor's failure to submit the required filing fee when the case was filed. As a result, it did not satisfy the minimum requirements needed to commence a case. Debtor's counsel has filed a motion to reconsider which, in essence, asks the court to vacate the order of dismissal and to reinstate this case. Although debtor's motion states that counsel will pay the filing fee if the motion to reconsider is granted, she has not done so, and even now, the court still does not have the required payment. According to the court, the motion does not identify any harm to the debtor as a result of the dismissal. Admittedly, the debtor no longer has a bankruptcy case, but the court did not associate any type of prejudice with the dismissal and so there is no obstacle to a proper refiling. A copy of the Court's Decision and Order dated March 31, 2026, is available at https://urlcurt.com/u?l=GiQpQ6 from PacerMonitor.com. About Jumpstart Communications LLC Jumpstart Communications LLC is a certified woman-owned small business that handles outside plant (OSP) construction, covering aerial, underground, and fiber splicing work. The company works on a mix of telecommunications infrastructure projects, from complex urban builds to long-haul routes, while also supporting ongoing maintenance and rural broadband expansion efforts across different network environments. Jumpstart Communications LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ind., Case No. 26-10347) on March 27, 2026. In its petition, the Debtor reported between $1 million and $10 million in assets and liabilities. Amy Elizabeth Gillen, Esq., at Law Office of Amy Elizabeth Gillen, represented the Debtor as legal counsel. K&M JACKSON: Seeks to Hire Acosta Law PC as Bankruptcy Counsel -------------------------------------------------------------- K&M Jackson Enterprises, LLC seeks approval from the U.S. Bankruptcy Court for the Southern District of Texas to hire Acosta Law, P.C. as counsel. The firm will render these services: (a) analyze the financial situation, and render advice and assistance to the Debtor; (b) advise the Debtor with respect to its rights, duties, and powers in this Chapter 11 case; (c) represent the Debtor at all hearings and other proceedings; (d) prepare and file all appropriate petitions, schedules of assets and liabilities, statements of affairs, answers, motions and other legal papers as necessary to further the Debtor's interests and objectives; (e) represent the Debtor at any meeting of creditors and such other services as may be required during the course of the bankruptcy proceedings; (f) represent the Debtor in all proceedings before the court and in any other judicial or administrative proceeding where the rights of the Debtor may be litigated or otherwise affected; (g) prepare and file a Disclosure Statement and Chapter 11 Plan of Reorganization; (h) assist the Debtor in analyzing the claims of the creditors and in negotiating with such creditors; and (i) assist the Debtor in any matters relating to or arising out of the captioned case. The firm's counsel and staff will be paid at these hourly rates: Alex Olmedo Acosta, Attorney $450 Martin Lee Pack, Attorney $350 Paralegal $105 In addition, the firm will seek reimbursement for expenses incurred. The firm received a retainer $10,000 from the Debtor. The firm can be reached through: Alex Olmedo Acosta, Esq. Acosta Law, P.C. 13831 Northwest Freeway, Suite 400 Houston TX 77040 Telephone: (713) 980-9014 Facsimile: (713) 583-9554 Email: alex@theacostalawfirm.com About K&M Jackson Enterprises LLC K&M Jackson Enterprises, LLC operates in the childcare services industry and is associated with the Kids of Valor Academy brand, providing early childhood education and preschool programs across multiple Texas locations. K&M sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Texas Case No. 26-80149) on March 2, 2026, listing up to $10 million in both assets and liabilities. Mona Jackson, chief executive officer of K&M, signed the petition. Judge Alfredo R. Perez oversees the case. Alex Olmedo Acosta, Esq., at Acosta Law P.C., represents the Debtor as bankruptcy counsel. KATE MALLER JEWELRY: Gets Final OK to Use Cash Collateral --------------------------------------------------------- The U.S. Bankruptcy Court for the District of Colorado issued a final order authorizing Kate Maller Jewelry, LLC to use cash collateral. Under the final order, the Debtor is authorized to use cash collateral only in accordance with the budget, which allows expense deviations of up to 15% unless secured creditors consent or the court approves a change. The order provides adequate protection to secured creditors, including the U.S. Small Business Administration and JPMorgan Chase Bank, N.A., along with any other creditors asserting security interests in the Debtor's cash, accounts, and receivables. The Debtor must make monthly payments of $1,000 to Chase starting April 15 and provide replacement liens on post-petition assets such as inventory and income to protect against any decline in collateral value. These liens maintain the same priority as prepetition liens. The Debtor is required to keep the secured creditors' collateral fully insured, maintain it in good condition, and provide monthly financial reporting through the filing of operating reports that detail revenues, expenditures, and collections. The authorization to use cash collateral will terminate upon certain triggering events, such as conversion of the Debtor's Chapter 11 case to Chapter 7, dismissal of the case, appointment of a trustee, or failure to comply with the order. The order is available at https://shorturl.at/xPECV from PacerMonitor.com. About Kate Maller Jewelry LLC Kate Maller Jewelry, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D. Colo. Case No. 26-11128) on February 26, 2026, listing up to $500,000 in assets and up to $1 million in liabilities. Mark Dennis, a certified public accountant at SL Biggs, serves as Subchapter V trustee. Judge Thomas B. McNamara oversees the case. Jonathan M. Dickey, Esq., at Kutner Law, represents the Debtor as legal counsel. KEN'S BAR-B-QUE: Court Extends Cash Collateral Access to April 21 ----------------------------------------------------------------- Ken's Bar-B-Que, Inc. received second interim approval from the U.S. Bankruptcy Court for the Middle District of Florida, Jacksonville Division, to use cash collateral through April 21. Under the order, the Debtor may use cash collateral in accordance with an approved budget, retroactive to the petition date. The funds are limited to necessary operating expenses, and compliance with the budget is required, with deviations beyond 10% constituting a default. As adequate protection, Seacoast Bank will be granted replacement liens on all post-petition assets, maintaining the same validity and priority as its pre-petition liens, except for avoidance actions. Additionally, Seacoast is entitled to a superpriority administrative claim if the collateral value diminishes and must receive monthly adequate protection payments of $3,500. The order also requires the Debtor to maintain insurance, pay taxes, and allow inspection of collateral upon notice. A default such as missed payments or excessive budget variance can lead to relief from the automatic stay if not cured within 10 days. A continued hearing on cash collateral use is scheduled for April 21. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/Ci8Hb from PacerMonitor.com. Seacoast is represented by: Raye C. Elliott, Esq. AKERMAN LLP 401 East Jackson Street, Suite 1700 Tampa, FL 33602 Phone: (813) 223-7333 Fax: (813) 223-2837 raye.elliott@akerman.com About Ken's Bar-B-Que Inc. Ken's Bar-B-Que, Inc. is a Florida-based restaurant company engaged in the food service industry, specializing in barbecue cuisine. Ken's Bar-B-Que, Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-00499) on February 5, 2026. In its petition, the debtor reports estimated assets and liabilities each in the range of $1 million to $10 million. The case is overseen by Chief Bankruptcy Judge Jacob A. Brown. The Debtor is represented by Bryan K. Mickler, Esq., of Mickler & Mickler. KOINONIA CONSTRUCTION: Case Summary & 20 Top Unsecured Creditors ---------------------------------------------------------------- Debtor: Koinonia Construction Inc. d/b/a Impact Roofing 2403 N 5th Street Elko, NV 89801 Business Description: Koinonia Construction Inc., doing business as Impact Roofing, is an Elko, Nevada-based construction and development company that builds homes, manages housing projects, and provides roofing services under its Impact Roofing brand. Since its founding, the firm has overseen multi-phase residential developments such as Mountain View and Copper Trails, while maintaining a fleet of trucks, telehandlers, backhoes, and other heavy equipment to support its on-site construction work. Beyond construction, Koinonia manages a portfolio of townhouses and land parcels on North 5th Street and Platinum Drive, reflecting its integrated approach to development, building, and property management. Chapter 11 Petition Date: April 3, 2026 Court: United States Bankruptcy Court District of Nevada Case No.: 26-50335 Debtor's Counsel: Stephen R. Harris, Esq. HARRIS LAW PRACTICE LLC 850 E. Patriot Blvd. Suite F Reno, NV 89511 Tel: 775-786-7600 Fax: 775-786-7764 Email: steve@harrislawreno.com Total Assets: $5,475,376 Total Liabilities: $6,771,688 The petition was signed by Luke Fitzgerald 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/JWLTDSA/KOINONIA_CONSTRUCTION_INC__nvbke-26-50335__0001.0.pdf?mcid=tGE4TAMA LA GEOTHERMAL: Hires Trak Financial as Tax Return Preparer ---------------------------------------------------------- LA Geothermal Energy Corp., seeks approval from the U.S. Bankruptcy Court for the Central District of California to employ Trak Financial Services as tax return preparer. The firm will prepare the Debtor's 2025 federal and state tax returns, and provide limited accounting assistance necessary for such filing. The firm will be paid a flat fee of $3,300. Scott C. Stewart, a partner at Trak Financial Services, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Scott C. Stewart Trak Financial Services 21771 Stevens Creek Blvd., Suite 100 Cupertino, CA 95014 Tel: (650) 474-5858 About LA Geothermal Energy Corp., LA Geothermal Energy Corp. provides industrial management consulting services with a focus on restoring value to distressed real estate properties in the United States. LA Geothermal Energy Corp. filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. C.D. Fla. Case No. 26-10518) on January 21, 2026, listing $144,556 in assets and $1,369,633 in liabilities. The petition was signed by Cornelius Rogers as managing member. Judge Deborah J Saltzman presides over the case. Kevin Tang, Esq., at Tang & Associates represents the Debtor as legal counsel. LASCHAL SURGICAL: Eric Huebscher Named Subchapter V Trustee ----------------------------------------------------------- The U.S. Trustee for Region 2 appointed Eric Huebscher of Huebscher & Co. as Subchapter V trustee for Laschal Surgical Instruments LLC. Mr. Huebscher will be paid an hourly fee of $425 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. 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 Laschal Surgical Instruments LLC Laschal Surgical Instruments LLC is a high-end surgical instrument manufacturer based in White Plains, New York. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. N.Y. Case No. 26-22291-kyp) on March 23, 2026. In the petition signed by Daniel Lasner, chief executive officer, the Debtor disclosed up to $500,000 in both assets and liabilities. Judge Kyu Young Paek oversees the case. Robert L. Rattet, Esq.,a at Davidoff Hutcher & Citron LLP, represents the Debtor as legal counsel. LEFKO LLC: Case Summary & 12 Unsecured Creditors ------------------------------------------------ Debtor: LEFKO, LLC d/b/a Salute Market 5530 PGA Boulevard, Suite 101 Palm Beach Gardens, FL 33418 Business Description: LEFKO LLC, doing business as Salute Market, operates a restaurant, wine bar, and boutique wine and liquor retail shop in Palm Beach Gardens, Florida, offering globally inspired food and beverage selections. The company provides dine-in services across lunch, brunch, dinner, and happy hour, alongside catering and group dining options. Its operations integrate food service, alcoholic beverage sales, and event catering, serving local diners and patrons seeking casual-to-upscale dining experiences. Chapter 11 Petition Date: April 3, 2026 Court: United States Bankruptcy Court Southern District of Florida Case No.: 26-14231 Debtor's Counsel: Ivan J. Reich, Esq. NASON YEAGER GERSON HARRIS & FUMERO, P.A. 110 E. Broward Boulevard, Suite 1010 Fort Lauderdale, FL 33301 Tel: (954) 880-8484 Email: ireich@nasonyeager.com Total Assets: $343,503 Total Liabilities: $1,298,112 The petition was signed by Michelle Lefkowitz as managing member. A full-text copy of the petition, which includes a list of the Debtor's 12 unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/MJFHXBQ/LEFKO_LLC__flsbke-26-14231__0001.0.pdf?mcid=tGE4TAMA LITEWATER SCIENTIFIC: Voluntary Chapter 11 Case Summary ------------------------------------------------------- Debtor: Litewater Scientific, LLC 8745 Technology Way Ste D Reno, NV 89521 Business Description: Litewater Scientific, LLC operates Litewater, producing deuterium-depleted bottled water that reduces naturally occurring deuterium levels and is distributed mainly through online channels. The company offers multiple formulations with varying deuterium concentrations, alongside subscription plans and testing kits, targeting health-conscious consumers seeking specialized hydration products. Its operations involve sourcing water and employing industrial separation processes to modify isotopic composition before delivery to end users. Chapter 11 Petition Date: April 3, 2026 Court: United States Bankruptcy Court District of Wyoming Case No.: 26-20154 Judge: Hon. Cathleen D Parker Debtor's Counsel: Bradley T. Hunsicker, Esq. MARKUS WILLIAMS LLC 2120 Carey Avenue, Suite 101 Cheyenne, WY 82001 Tel: 307-778-8178 E-mail: bhunsicker@markuswilliams.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Robert Slovak as manager. The Debtor did not submit a list of its 20 largest unsecured creditors along with the petition. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/SRHBRFI/Litewater_Scientific_LLC__wybke-26-20154__0001.0.pdf?mcid=tGE4TAMA LITHOTYPE COMPANY: Court Extends Cash Collateral Access to May 1 ---------------------------------------------------------------- The U.S. Bankruptcy Court for the Northern District of Illinois, Eastern Division, entered a third interim order authorizing Lithotype Company Inc. to use cash collateral to fund operations. The authorization is temporary, covering the period from March 27 through May 1, pending a final hearing. Under the third interim order, the Debtor is authorized to use funds strictly in line with a court-approved budget. The Debtor cannot exceed budget line items or total spending by more than 10%, nor shift funds between categories without consent from Old National Bank or the court. Moreover, cash collateral cannot be used to pay professional fees unless specifically approved. All incoming cash, including receivables must be deposited into a debtor-in-possession account maintained at Old National Bank, and no other bank accounts are permitted without approval. To protect the bank's interests, the Debtor is required to make payments, including a prior $50,000 payment and an additional $25,000 payment. If unpaid, the bank may directly debit the DIP account. As additional protection, Old National Bank will be granted replacement liens on post-petition assets such as cash, receivables, and inventory, maintaining the same priority as its pre-petition liens. The Debtor must also maintain insurance and name the bank as loss payee. The order requires weekly reporting, including cash flow statements, receivables data, and bank statements, giving Old National Bank full visibility into operations. Any default such as unauthorized spending, reporting failures, or insurance lapses triggers a seven-day cure period, after which the bank can seek to terminate cash collateral use or lift the automatic stay. A final hearing is scheduled for April 28. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/9DloS from PacerMonitor.com. Old National Bank, as lender, 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 Lithotype Company Inc. Lithotype Company Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 26-02207) with $1 million to $10 million in assets and $10 million to $50 million in liabilities. The petition was signed by John E. Gerba as director of finance. Judge Daniel R. Fine oversees the case. The Debtor is represented by: Scott R. Clar, Esq. Crane, Simon, Clar & Goodman 312-641-6777 sclar@cranesimon.com LITTLE MINT: Smith Debnam Advises Marlin Leasing, 3 Others ---------------------------------------------------------- In the Chapter 11 bankruptcy cases of The Little Mint, Inc. and its debtor-affiliates, Smith Debnam Narron Drake Saintsing & Myers, LLP filed with the United States Bankruptcy Court for the Eastern District of North Carolina, New Bern Division, a Verified Statement pursuant to Bankruptcy Rule 2019 to inform the Court that the law firm represents multiple creditors. Smith Debnam is a limited liability partnership located in Raleigh, North Carolina. According to the Verified Statement, Smith Debnam is counsel for the creditors whose names, addresses, nature, and amounts of their claims and the time of acquisitions thereof (except as to claims alleged to have been acquired more than one year before the filing of said petition) are as follows: A. Marlin Leasing Corporation d/b/a PEAC Solutions c/o Byron L. Saintsing Smith Debnam Narron Drake Saintsing & Myers, LLP P.O. Box 176010 Raleigh, NC 27619-6010 Nature of Claim Breach of the six Equipment Finance Agreement between Marlin and the Debtor Principal Amount $554,215.86 Time of Acquisition May 2023-October 2024 B. Alliance Funding Group c/o Byron L. Saintsing Smith Debnam Narron Drake Saintsing & Myers, LLP P.O. Box 176010 Raleigh, NC 27619-6010 Nature of Claim Breach of the six Lease Agreements, four of which were between Alliance and the Debtor, and two of which were between Alliance and Moon Unit, Inc., which the Debtor guaranteed. Principal Amount $957,442.72 Time of Acquisition July 2022-February 2023 C. Dext Capital, LLC c/o Joseph A. Davies Smith Debnam Narron Drake Saintsing & Myers, LLP P.O. Box 176010 Raleigh, NC 27619-6010 Nature of Claim Breach of lease agreements originally between TCP Leasing, Inc. and the Debtor as well as breach of a loan agreement originally between iFinancial Group and the Debtor, both of which have been assigned to Dext Capital. Principal Amount $288,042.19 Time of Acquisition December 2022 & August 2024 D. TimePayment Corp. c/o Landon G. Van Winkle Smith Debnam Narron Drake Saintsing & Myers, LLP P.O. Box 176010 Raleigh, NC 27619-6010 Nature of Claim Breach of commercial equipment lease agreement with the Debtor for the lease of an electric clamshell grill and custard machine used at Debtor's Statesville, NC location. Principal Amount $51,391.98 Time of Acquisition July 2023 The facts and circumstances in connection with Smith Debnam's employment by the companies are: -- Smith Debnam was retained by Marlin to represent in its interests in the case related to the breach of the terms of the Debtor;s Equipment Finance Agreements between Marlin and the Debtor, with the dates of each agreement noted parenthetically: EFA No. 16885 (July 22, 2022), EFA No. 1560208 (May 1, 2023), EFA No. 1571491 (August 1, 2023), EFA No. 1576784 ( September 13, 2023), EFA No. 1585497 (October 17, 2023), EFA No. 1630970(July 15, 2024, and EFA No. 1653998 (October 31, 2024). -- Smith Debnam was retained by Alliance to represent in its interests in the case related to the Debtor's breach of the following Lease Agreements between Alliance and the Debtor, with the dates of each agreement noted parenthetically: Contract No. 22-16885 (July 22, 2022), Contract No. 22-17894 (November 21, 2022), and Contract No. 23-18531 (February 17, 2023). Smith Debnam further represents Alliance in the case related to breach of the terms of the Debtor's corporate guaranties in connection with the following Lease Agreements between Alliance and Moon Unit, Inc., with the dates of each agreement noted parenthetically: Contract No. 22-17780 (November 2, 2022) and Contract No. 23-18327 (January 20, 2023). -- Smith Debnam was retained Dext Capital to represent in its interests in the case related to the Debtor's breach of the terms of a lease agreement between TCP Leasing Inc. and the Debtor, Lease No. 2004 (May 18, 2021). TCP assigned all of its right, title, and interest in and to the lease and the personal guaranties of the lease to Dext Capital on December 1, 2022. Smith Debnam further represents Dext Capital in the case related to the Debtor's breach of the terms of a loan agreement between iFinancial Group and the Debtor, Loan Agreement No. 3001 (August 15, 2024). iFinancial assigned all of its right, title, and interest in and to the loan agreement and the personal guaranties of the loan to Dext Capital on August 20, 2024. -- Smith Debnam was retained by TimePayment Corp. to respond to an objection to claim (D.E.600) filed by the Debtor on February 18, 2026, which challenges the claim filed by TimePayment Corp. In the Debtor's case on January 9, 2025 (Claim No. 54-1). As explained above, TimePayment Corp.'s claim against the Debtor arises from the Debtor's breach of a Noncancellable Commercial Equipment Lease Agreement dated July 21, 2023. Smith Debnam does not own, nor has it ever owned, any claim whatsoever against the Debtor in the case, nor does Smith Debnam own any equity securities of the Debtor. Each entity or person listed has consented to the joint representation. Counsel for the Creditors: Byron L. Saintsing, Esq. Smith Debnam Narron Drake Saintsing & Myers, LLP P.O. bOX 176010 Raleigh, NC 27619-6010 Tel: (919) 250-2000 Fax: (919) 250-2100 E-mail: bsaintsing@smithdebnamlaw.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. LURIN REAL: Two Affiliates' Voluntary Chapter 11 Case Summary ------------------------------------------------------------- Two affiliates that concurrently filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code: Debtor Case No. ------ -------- Lurin Real Estate Holdings XXXVIII, LLC 26-90431 DBA 46 Eleven 2101 Cedar Springs, Suite 1050 Dallas, TX 75201 Lurin Real Estate Holdings XI, LLC 26-90432 DBA Villas del Tesoro 2101 Cedar Springs, Suite 1050 Dallas, TX 75201 Business Description: Lurin Real Estate Holdings XXXVIII, LLC and Lurin Real Estate Holdings XI, LLC, both based in Dallas, Texas, are affiliated entities within a real estate investment platform that own and operate multifamily residential properties, doing business as 46 Eleven and Villas del Tesoro, respectively, and functioning as property-level holding companies structured to acquire, manage, and reposition apartment communities, primarily serving residential tenants through leasing and property management activities. Chapter 11 Petition Date: March 30, 2026 Court: United States Bankruptcy Court Southern District of Texas Judge: TBD Debtors' Bankruptcy Counsel: Joshua W. Wolfshohl, Esq. PORTER HEDGES LLP 1000 Main Street, 36th Floor Houston, TX 77002 Tel: (713) 226-6000 Email: jwolfshohl@porterhedges.com Each Debtor's Estimated Assets: $10 million to $50 million Each Debtor's Estimated Liabilities: $10 million to $50 million The petitions were signed by Mark Shapiro as chief restructuring officer. The Debtors failed to provide lists of their 20 largest unsecured creditors in the petitions. The Debtors are seeking joint administration of their chapter 11 cases under the case number assigned to Lurin Real Estate Holdings XXI, LLC (Bankr. S.D. Tex. Case No. 26-90344). Full-text copies of the petitions are available for free on PacerMonitor at: https://www.pacermonitor.com/view/FIWHRKQ/Lurin_Real_Estate_Holdings_XXXVIII__txsbke-26-90431__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/FQYXX7A/Lurin_Real_Estate_Holdings_XI__txsbke-26-90432__0001.0.pdf?mcid=tGE4TAMA M&B SERVICES: Gets Extension to Access Cash Collateral ------------------------------------------------------ M&B Services, Inc. received interim approval from the U.S. Bankruptcy Court for the Central District of California, Northern Division to use cash collateral to fund operations. Under the order, the Debtor is authorized to use cash collateral in accordance with an approved budget, with a permitted 10% variance per line item and overall. The authorization to use cash collateral is effective from March 25 through September 30 or until dismissal of the Debtor's Chapter 11 case, the conversion of the case to Chapter 7, or confirmation of a bankruptcy plan. The Debtor may seek continued use of cash collateral after September 30 by bringing a motion set on ordinary notice prior to that date. M&B Services owns no real property but has equipment, vehicles, inventory and accounts receivable valued at about $261,559, and about $28,000 in cash, with unsecured claims of about $163,606. The only alleged cash collateral is its cash and receivables, which creditors may claim as lien proceeds. The Debtor's goal is to preserve eight jobs and reorganize through a plan paying creditors over time. However, without access to cash collateral, the Debtor cannot meet payroll or operating expenses and would be forced to shut down. About M&B Services Inc. M&B Services, Inc. is a Southern California plumbing company in Oxnard, California. M&B Services sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 26-10164)) on February 6, 2026, listing up to $500,000 in assets and up to $10 million in liabilities. Martin Alvarez, company owner, signed the petition. Judge Ronald A. Clifford, III oversees the case. Vanessa M. Haberbush, Esq., at Haberbush, LLP, represents the Debtor as legal counsel. MADISON BROTHERS: Voluntary Chapter 11 Case Summary --------------------------------------------------- Debtor: Madison Brothers Consulting Group, Inc 2925 Richmond Avenue, Floor 12 Houston, TX 77098 Business Description: Madison Brothers Consulting Group, Inc., based in Richmond, Texas, owns a property at Lakes of Williams Ranch, Sec. 1, Block 3, Lot 9, valued at $2.3 million. The company also holds a potential $4.4 million claim involving a broker, stemming from allegations of missing listing information and related-party details. It maintains a consulting website, madisonbrothers.com, as its public-facing corporate presence. Chapter 11 Petition Date: April 3, 2026 Court: United States Bankruptcy Court Southern District of Texas Case No.: 26-32279 Judge: Hon. Jeffrey P Norman Debtor's Counsel: Vicky M. Fealy, Esq. THE FEALY LAW FIRM, PC 1235 North Loop West Suite 1120 Houston TX 77008 Tel: (713) 526-5220 E-mail: vfealy@fealylawfirm.com Total Assets: $6,729,996 Total Liabilities: $1,569,457 The petition was signed by Nicole M. Durio as managing principal. The Debtor filed a list of its 20 largest unsecured creditors, but all entries were left blank. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/5M6K6DQ/Madison_Brothers_Consulting_Group__txsbke-26-32279__0001.0.pdf?mcid=tGE4TAMA MAR & MAR: Hires Bookkeeping Repair LLC as Bookkeeper ----------------------------------------------------- Mar & Mar, Corp. seeks approval from the U.S. Bankruptcy Court for the Central District of California to employ Bookkeeping Repair, LLC as bookkeeper. The firm will provide these services: a. Day-to-day bookkeeping; b. Preparation of Monthly Operating Reports; c. Preparation of weekly cash flow summaries; d. Preparation of future monthly income projections for at least 36 months in support of Debtor’s Plan of Reorganization; and e. Other financial matters that arise from time to time in connection with this Chapter 11, Subchapter V case. The firm will be paid at these rates: -- flat fee of $750 to handle the day-to-day bookkeeping of the Debtor; -- $1,000 per month interim advance payment for the services rendered; -- $125 per hour in 1/10 of an hour increments. In addition, the firm will seek reimbursement for its out-of-pocket expenses. Ashley Klein, a partner at Bookkeeping Repair, 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: Ashley Klein Bookkeeping Repair, LLC 3435 Camino Del Rio S Ste 322 San Diego, CA 92108 Tel: (619) 777-2665 About Mar & Mar, Corp. Mar-Mar Corporation was founded in 2005. The Company's line of business includes the retail sale of new and used motorcycles. Mar & Mar, Corp. sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 26-10257) on January 28, 2026. In its petition, the debtor reported estimated assets of $0 to $100,000 and estimated liabilities of $100,001 to $1,000,000. The case is being handled by Honorable Bankruptcy Judge Scott C. Clarkson. The Debtor is represented by Steven E. Cowen, Esq., of S.E. Cowen Law. MARC A. CHRISTIANSEN: Court Affirms Confirmation of Chapter 11 Plan ------------------------------------------------------------------- In the appeal styled KIERSTEN SILVA, Appellant, v. MARC A. CHRISTIANSEN, Appellee, Case No. 25-cv-04987-EKL (N.D. Cal.), Judge Eumi K. Lee of the U.S. District Court for the Northern District of California affirmed the final order of the United States Bankruptcy Court for the Northern District of California confirming Marc A. Christiansen's Fourth Amended Plan of Reorganization for Small Business Under Chapter 11. Silva is a former employee of Christiansen. Silva, proceeding pro se, contends that Christiansen owes her $182,000 in unpaid wages and that the bankruptcy court violated her due process rights by confirming the Plan without providing her "proper notice" or the opportunity to be heard. According to the Court, Silva received the process she was due. Silva was mailed numerous notices about the bankruptcy case, including its claim deadline, proposed plans, objection deadlines, and confirmation hearing dates. Moreover, Silva never filed a formal proof of claim during the confirmation process that lasted for well over a year. To the extent that Silva can receive relief, she must seek leave in the bankruptcy court to amend a prior informal proof of claim, should one exist, or to file a late proof of claim. A copy of the Court's Order dated March 27, 2026, is available at http://urlcurt.com/u?l=TyQUmRfrom PacerMonitor.com. Marc A Christiansen filed for Chapter 11 bankruptcy protection (Bankr. N.D. Cal. Case No. 23-41661) on December 19, 2023, listing under $1 million in both assets and liabilities. The Debtor is represented by Jeffrey Goodrich, Esq. MARQUIS STAR: Seeks Continued Cash Collateral Access ---------------------------------------------------- Marquis Star Holding, Inc. and Marquis Solar Frame Works, Inc filed a renewed motion with the U.S. Bankruptcy Court for the Southern District of Florida, Miami Division, seeking approval to continue using cash collateral and provide adequate protection. Since filing for bankruptcy on January 20, 2026, the Debtors have operated as debtors-in-possession, with Marquis Holding functioning as a real estate holding company and Marquis Solar serving as the operating subsidiary that manufactures aluminum solar panel frames, generating approximately $63 million in annual revenue. Marquis Holding owns multiple properties, including industrial facilities in Wisconsin leased to Marquis Solar and a property in Miami, while relying heavily on rental income from these assets. Despite ongoing revenue, the Debtors face liquidity constraints driven by growth and increased working capital needs, which have hindered their ability to pay creditors and sustain normal operations. Additionally, ongoing litigation with Export Development Canada poses further operational risk, reinforcing the need for centralized restructuring under Chapter 11. The Debtors seek to use rents from certain encumbered properties that may qualify as cash collateral, primarily tied to secured creditors including Advia Credit Union, Perfect Gateway Enterprises, and Bradesco Bank. These creditors hold liens on specific real estate assets and associated rental income, but not on the Debtors' broader operating revenues or accounts. The Debtors seek to use this rental income strictly within an approved budget and in the ordinary course of business, while expressly reserving their rights to challenge the validity, scope, or priority of the creditors' liens. Importantly, the Debtors assert that other income streams are unencumbered and therefore not subject to cash collateral restrictions. To protect the secured creditors' interests, the Debtors propose providing adequate protection through a combination of monthly payments and replacement liens. Specifically, Marquis Holding intends to make regular mortgage-equivalent payments to Advia Credit Union and Bradesco Bank for properties securing their loans, while arguing that Perfect Gateway, as a junior lienholder, is sufficiently protected by an existing equity cushion and therefore does not require payments. In addition, the Debtors propose granting replacement liens on post-petition assets to the extent necessary to offset any diminution in the value of prepetition collateral, without conceding the enforceability of any claims. The court previously authorized the Debtors to access cash collateral through April 21 under its March 2 final order. A copy of the motion is available at https://urlcurt.com/u?l=YFnVlM from PacerMonitor.com. About Marquis Star Holding Inc. Marquis Star Holding, Inc. is a Florida corporation that operates as a real estate holding company, owning multiple properties including a condominium in Florida and manufacturing facilities in Wisconsin, while Marquis Solar Frame Works, Inc. is a Wisconsin corporation engaged in the fabrication and supply of aluminum solar panel frames, operating manufacturing facilities in Wisconsin and Canada, including facilities owned by Marquis Star Holding, Inc. Marquis Star Holding, Inc. and Marquis Solar Frame Works, Inc. filed their petitions for relief under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Fla. Lead Case No. 26-10660) on January 20, 2026. Marquis Star listed $10 million to $50 million in assets and $1 million to $10 million in liabilities, while Marquis Solar listed $10 million to $50 million in assets and $1 million to $50 million in liabilities. Marquis Star Holding's petition was signed by its president, Michelle Chiever, while the petition for Marquis Solar Frame was signed by Jun Niu, the xompany's chief operating officer. Judge Robert A. Mark oversees the case. The Debtors tapped Linda Leali, PA as bankruptcy counsel; BGV Law PLLC as special counsel; and the Hoffman Eells Group CPAs, PC as accountant. MARTIN DISPOSAL: Hires Harlin Parker as Bankruptcy Counsel ---------------------------------------------------------- Martin Disposal LLC seeks approval from the U.S. Bankruptcy Court for the Western District of Kentucky to hire Harlin Parker, Attorneys at Law, as counsel. The firm will provide these services: a. give legal advice with respect to the Debtor's powers and duties as debtor in possession in the continued operation of the estate's business and management of its assets; b. take all necessary action to protect and preserve the Debtor's estate; c. prepare on behalf of the Debtor all necessary motions, answers, orders, reports, and other legal papers in connection with the administration of the Debtor's estate herein; and d. perform any and all other legal services for the Debtor in connection with the Chapter 11 case and the formulation implementation of the Debtor's Chapter 11 Plan. The firm will be paid at these rates: Robert C. Chaudoin $325 per hour Justin L. Duncan $325 per hour Jayne Leslie England $150 per hour The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Mr. Chaudoin disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Robert C. Chaudoin, Esq. Harlin Parker Attorneys at Law 519 E. 10th Street P.O. Box 390 Bowling Green, KY 42102 Tel: (270) 842-5611 Email: chaudoin@harlinparker.com About Martin Disposal LLC 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. Martin Disposal LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. W.D. Ky. Case No. 26-10250) on March 23, 2026, listing $500,000 to $1 million in assets and $1 million to $10 million in liabilities. The petition was signed by Derrick Martin as owner. Judge Joan A Lloyd presides over the case. Robert C. Chaudoin, Esq. at HARLIN PARKER represents the Debtor as counsel. MARTIN DISPOSAL: Stephen Barnes Named Subchapter V Trustee ---------------------------------------------------------- The Acting U.S. Trustee for Region 8 appointed Stephen Barnes as Subchapter V trustee for Martin Disposal LLC. Mr. Barnes will be paid an hourly fee of $375 for his services as Subchapter V trustee and will be reimbursed for work related expenses incurred. Mr. Barnes 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 Barnes PO Box 1598 163 Main Street, Suite 200 Lexington, KY 40588-1598 (859) 225-4714 ex. 3025 (tel) (859) 685-1188 (direct dial) (859) 225-7983 (fax) (859) 225-1493 (fax) About Martin Disposal LLC 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. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Ky. Case No. 26-10250) on March 23, 2026, with $500,000 to $1 million in assets and $1 million to $10 million in liabilities. Derrick Martin, owner, signed the petition. Judge Joan A. Lloyd presides over the case. Robert C. Chaudoin, Esq. at HARLIN PARKER represents the Debtor as legal counsel. MAYFIELD REAL: Seeks Subchapter V Bankruptcy in Minnesota --------------------------------------------------------- On April 3, 2026, Mayfield Real Estate Holdings, LLC, filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Minnesota. According to court filings, the Debtor reports between $1 million and $10 million in debt owed to between 1 and 49 creditors. About Mayfield Real Estate Holdings, LLC Mayfield Real Estate Holdings, LLC is a real estate-focused company engaged in property ownership, management, and investment activities. Mayfield Real Estate Holdings, LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-41108) on April 3, 2026. In its petition, the Debtor reports estimated assets of $0 to $100,000 and estimated liabilities of $1 million to $10 million. Honorable Bankruptcy Judge William J. Fisher handles the case. The Debtor is represented by Ronald J. Walsh, Esq. of Walsh Law. MAYS PROPERTY: Commences Chapter 7 Bankruptcy in Rhode Island ------------------------------------------------------------- On April 1, 2026, Mays Property Services LLC filed for Chapter 7 protection in the District of Rhode Island. According to court filing, the Debtor reports between $100,001 and $1,000,000 in debt owed to 1-49 creditors. About Mays Property Services LLC Mays Property Services LLC is a Rhode Island-based company specializing in property maintenance, repair, and management services. The company provides support to residential and commercial property owners, including upkeep and operational services. Mays Property Services LLC sought relief under Chapter 7 of the U.S. Bankruptcy Code (Bankr. Case No. 26-10297) on April 1, 2026. In its petition, the Debtor reports estimated assets of $0-$100,000 and estimated liabilities of $100,001-$1,000,000. Honorable Bankruptcy Judge John A. Dorsey Jr. handles the case. The Debtor is represented by Thomas P. Quinn, Esq. of McLaughlinQuinn LLC. MEGASLAB INC: Court Stays Warren Case Due to Bankruptcy ------------------------------------------------------- Judge Scott L. Palk of the United States District Court for the Western District of Oklahoma stayed the case captioned as WARREN REAL ESTATE HOLDINGS, INC., a Texas Corporation, Plaintiff, v. SINCLAIR CONSTRUCTION GROUP, INC., and MEGASLAB, INC., Defendants, Case No. 24-cv-01289-SLP (W.D. Okla.). Before the Court is the Notice of Bankruptcy filed by Defendant Megaslab, Inc. The Notice reflects MEGASLAB has filed a Chapter 11 bankruptcy action in the United States Bankruptcy Court for the Northern District of Georgia, Case No. 26-52937, thereby triggering an automatic stay. This action is stayed as to MEGASLAB pending the completion of the bankruptcy action or until the automatic stay is no longer in effect. Complaint Plaintiff Warren Real Estate Holdings, Inc. is a corporation organized under the laws of the State of Texas with its principal place of business in Midland, Texas. Warren owns and operations several dealerships in Oklahoma and Texas selling Caterpillar machinery used in construction, mining, and other engineering operations. Sinclair holds itself out as a premier concrete contractor that provides the best concrete construction available. Sinclair is also an authorized installer of MEGASLAB and MEGAJoint concrete products. Starting in 2021, Sinclair agreed to install MEGASLAB concrete products at multiple Warren Cat facilities. In January 2022, Sinclair submitted a proposal to install around 163,650 square feet of MEGASLAB and 7,350 linear feet of MEGAJoint concrete products at the Warren Cat facility located at 4501 W Reno Ave, Oklahoma City, OK 73127. This proposal provided a job scope and other terms concerning matters like quantities of materials, number of mobilizations and associated cost, project duration, and payment. Warren and Defendants ultimately entered an agreement for the installation of concrete at the Oklahoma City Warren Cat facility. From July 2022 to January 2023, Sinclair installed MEGASLAB and MEGAJoint concrete products at the Oklahoma City Warren Cat facility. Warren paid Sinclair over $2 million for Sinclair's concrete work at the Oklahoma City Warren Cat facility. In January 2023, Defendants' work at the Oklahoma City Warren Cat facility was suspended due to identification of defects in Defendants' product and concerns regarding the integrity of concrete installed in previous phases of the project. In December 2023, the MEGASLAB and MEGAJoint concrete products installed by Defendants failed. These failures consisted of significant defects, including cracking, expansion, ponding, and other visible degradation. The Plaintiff alleges as a result of Defendants' defective work, Warren has suffered financial damages and will suffer financial damages in the future, including the cost to replace the defective concrete and other related costs. According to the Complaint, Defendants have breached the parties' contract by failing to install the concrete in accordance with the agreed upon specifications, using defective materials and failing to perform the work in a workmanlike manner. By entering into the agreement to install the MEGASLAB concrete product at Warren's facility, Defendants provided an implied warranty that the concrete installation would be performed in a workmanlike manner and that the materials used would be of merchantable quality and fit for their intended purpose. Plaintiff alleges Defendants breached these warranties by failing to perform the work with the standard level of skill and care expected in the industry, installing defective concrete and in utilizing poor workmanship. Warren made payments to Defendants for labor and materials used in installing the defective MEGASLAB concrete product at its facility. The Complaint states in retaining the payments for installation of the defective concrete, Defendants have been unjustly enriched at the expense of Warren. Warren seeks an award of damages against Defendants Sinclair and MEGASLAB in an amount in excess of $75,000.00, exclusive of interest and costs, together with interest, costs, reasonable attorneys' fees, and other legal and equitable relief as this Court deems just and proper. A copy of the Complaint is available at http://urlcurt.com/u?l=8nJqNzfrom PacerMonitor.com. A copy of the Court's Order dated March 24, 2026, is available at http://urlcurt.com/u?l=pvMYVJfrom PacerMonitor.com. About MEGASLAB Inc. MEGASLAB, Inc. filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. N.D. Ga. Case No. 26-52937) on March 3, 2026, with up to $50,000 in assets and $100,001 to $500,000 in liabilities. Judge Lisa Ritchey Craig presides over the case. Henry F. Sewell, Jr., Esq., at the Law Offices of Henry F. Sewell, Jr., LLC represents the Debtor as bankruptcy counsel. MILLROSE PROPERTIES: Moody's Ups Rating on Unsecured Notes to Ba2 ----------------------------------------------------------------- Moody's Ratings upgraded Millrose Properties, Inc.'s (Millrose) senior unsecured notes ratings to Ba2 from Ba3. Concurrently, Moody's affirmed the corporate family rating at Ba2 and the probability of default rating at Ba2-PD. The outlook remains stable. The speculative grade liquidity (SGL) rating remains unchanged at SGL-3. The upgrade of the senior unsecured notes follows the announcement of the refinancing of Millrose's $1.335 billion secured credit facility due 2028 with a new $1.835 billion unsecured credit facility due 2030 (unrated). In doing so, the company has shifted to a largely unsecured debt capital structure and reduced the expected losses on the unsecured notes in a default scenario. The amended credit facility has a $1.335 billion revolving credit facility commitment and a $500 million term loan commitment. RATINGS RATIONALE Millrose's Ba2 CFR reflects the structural features of its option contracts, including non refundable deposits, predictable takedown schedules, asset pooling, and high termination fees, which discourage homebuilders from walking away and provide downside protection. In the unlikely event a homebuilder exits an option, the contract requires completion of land development, offering additional safeguards. The rating also incorporates Millrose's strategic relationship with Lennar Corporation (Baa2 stable), one of the largest US homebuilders, which supports stable and recurring cash flows, albeit with elevated customer concentration risk. Additional rating considerations include the countercyclical nature of cash flows, which allows Millrose to scale back growth investments and preserve liquidity during market stress. The rating also reflects the role of Kennedy Lewis as external manager, given its experience in land banking. However, the initial three year management contract introduces some uncertainty. These strengths are tempered by Millrose's limited operating history as a newly public company and its exposure to a highly cyclical industry. During housing downturns, homebuilders may seek to renegotiate or terminate option contracts, potentially extending land hold periods. In a severe downturn, an inability to secure new option agreements could lead to asset impairments or discounted land sales. Finally, reliance on access to public capital markets to fund growth may also constrain financial flexibility during periods of weaker market conditions. The stable outlook reflects Moody's expectations that the new residential construction sector will remain resilient, despite near-term volatility and a degree of softness given the higher risk of a broader macroeconomic slowdown and higher materials cost resulting from increased tariffs on foreign sourced items. The stable outlook also assumes the company will continue to operate within its target 33% debt-to-capitalization and establish a consistent operating track record. The SGL-3 rating reflects Moody's expectations of adequate liquidity over the next 18 months, regular revolver usage of Millrose's $1.335 billion credit facility, relatively low cash balance and negative cash flow from operations because of increased investment in land spend to support growth. However, the company will have robust alternate sources of liquidity given its owned land supply and unsecured capital structure. In addition, Moody's expects the company to reduce land acquisitions in times of market downturns in order to preserve capital and liquidity. Millrose's Ba2 existing senior unsecured notes comprise the preponderance of debt in the capital structure and are rated in line with the Ba2 corporate family rating. The capital structure does not include any secured debt. FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS The rating could be upgraded if the company demonstrates a consistent operating track record through cycles, improves customer diversification, maintains good liquidity – as supported by robust free cash flow before dividends – and sustains debt-to-book capitalization ratio below 35% and EBIT-to-interest coverage above 7.0x during various industry cycles. The rating could be downgraded if the company's gross margins and liquidity profile deteriorate significantly, revenues drop meaningfully and impairments expand, debt-to-book capitalization leverage is sustained above 45% and EBIT-to-interest coverage below 6.0x, or if the company shifts to a more aggressive financial policy. The principal methodology used in these ratings was Homebuilding and Property Development 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. Millrose Properties, Inc., headquartered in Miami, Florida, is a land banker providing operational and capital solutions for home builders and land development companies to finance the acquisition and development of land assets. Millrose acquires land subject to executed option contracts and development agreements with the homebuilder. When land is sold it is based on a pre-agreed takedown schedule. MIRROR LAKE: U.S. Trustee Appoints Patricia Hunter as PCO --------------------------------------------------------- Jonas V. Anderson, the Acting U.S. Trustee for Region 18, appointed Patricia Hunter as patient care ombudsman for Mirror Lake Village LLC. The appointment was made pursuant to the order from the U.S. Bankruptcy Court for the Western District of Washington on March 25. Section 333 of the Bankruptcy Code directs that a patient care ombudsman be appointed if a debtor is a health care business unless the court finds that the appointment of such ombudsman is not necessary for the protection of patients. The ombudsman is responsible for monitoring the quality of patient care and representing the interest of patients of the healthcare debtor. The ombudsman may be reached at: Patricia Hunter Washington State Long-Term Care Ombudsman State LTC Ombudsman Program P.O. Box 23699 Federal Way, WA 98093-0699 1-(800) 562-6028 Email: Stateombuds@mschelps.org About Mirror Lake Village LLC Mirror Lake Village, LLC runs a senior living facility in Federal Way, Washington, offering independent living, assisted living, and memory care services, along with nearby vacant land. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Wash. Case No. 26-10599-CMA) on February 27, 2026. In the petition signed by Philip Kaestle, designated officer, the Debor disclosed up to $50 million in both assets and liabilities. Judge Christopher M. Alston oversees the case. Amit D. Ranade, Esq., at Snell & Wilmer, represents the Debtor as legal counsel. MP COMPLETE: Hires Adam I. Skolnik P.A. as Counsel -------------------------------------------------- MP Complete Solutions, LLC seeks approval from the U.S. Bankruptcy Court for the Southern District of Florida to employ Adam I. Skolnik, P.A. as counsel. The firm will provide these services: (a) advise the Debtor with respect to its powers and duties and in its relationship with its creditors, committees, the Office of the United States Trustee and other interested parties; (b) advise the Debtor with respect to its responsibilities in complying, with the U.S. Trustee's Operating Guidelines and Reporting Requirements, the requirements of the Bankruptcy Code, the Federal Rules of Bankruptcy Procedure, applicable bankruptcy rules; (c) assist the Debtor with the investigation and pursuit of property of the estate, sale of some or all of its assets, if needed; (d) assist the Debtor in the formulation and dissemination and approval of disclosure statement and plan; (e) prepare and review motions, pleadings, orders, applications, adversary proceedings, and other legal documents necessary in the administration of the case; (f) protect the interest of the Debtor in all matters pending before the court; (g) represent the Debtor in negotiation with its creditors in the preparation of a plan; and (h) perform all other necessary functions as attorney for the proper administration of the bankruptcy estate. The firm will be paid at these hourly rates: Adam Skolnik, Attorney $550 Paralegals $185 In addition, the firm will seek reimbursement for expenses incurred. Prior to petition date, the firm received $10,000 as retainer from the Debtor. Mr. Skolnik 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: Adam I. Skolnik, Esq. Law Office of Adam I. Skolnik, P.A. 1761 West Hillsboro Boulevard, Suite 201 Deerfield Beach, FL 33442 Telephone: (561) 265-1120 Facsimile: (561) 265-1828 Email: askolnik@skolniklawpa.com About MP Complete Solutions, LLC 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. MP Complete Solutions, LLC in Fort Lauderdale, FL, sought relief under Chapter 11 of the Bankruptcy Code filed its voluntary petition for Chapter 11 protection (Bankr. S.D.Fla. Case No. 26-13535) on March 24, 2026, listing $1,106,559 in assets and $1,616,662 in liabilities. Maria J. Pascal-Daniels as president, signed the petition. Judge Scott M Grossman oversees the case. LAW OFFICE OF ADAM I. SKOLNIK, PA serve as the Debtor's legal counsel. MP COMPLETE: Linda Leali Named Subchapter V Trustee --------------------------------------------------- The Acting U.S. Trustee for Region 21 appointed Linda Leali, Esq., as Subchapter V trustee for MP Complete Solutions, LLC. Ms. Leali 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. Leali declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Linda M. Leali Linda M. Leali, P.A. 2525 Ponce De Leon Blvd., Suite 300 Coral Gables, FL 33134 Telephone: (305) 341-0671, ext. 1 Facsimile: (786) 294-6671 Email: leali@lealilaw.com About MP Complete Solutions LLC 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. MP Complete Solutions filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-13535) on March 24, 2026, with $1,106,559 in assets and $1,616,662 in liabilities. Maria J. Pascal-Daniels, president, signed the petition. Judge Scott M. Grossman presides over the case. Adam I. Skolnik, Esq., at the Law Office of Adam I. Skolnik, PA represents the Debtor as legal counsel. MU HOLDINGS: Ruediger Mueller Named Subchapter V Trustee -------------------------------------------------------- The Acting U.S. Trustee for Region 21 appointed Ruediger Mueller of TCMI, Inc. as Subchapter V trustee for MU Holdings, LLC. Mr. Mueller 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. Mueller declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Ruediger Mueller TCMI, Inc. 1112 Watson Court Reunion, FL 34747 Telephone: (678) 863-0473 Facsimile: (407) 540-9306 Email: truste@tcmius.com About MU Holdings LLC MU Holdings, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 2:26-bk-00637) on March 23, 2026. In the petition signed by Michael Ulizio, president, the Debtor disclosed up to $50,000 in assets and up to $1 million in liabilities. Michael Dal Lago, Esq., at Dal Lago Law, represents the Debtor as legal counsel. MULTI-COLOR CORP: Can't Disband Creditor Group, US Trustee Says --------------------------------------------------------------- Alex Wittenberg of Law360 Bankruptcy Authority reports that the U.S. Trustee’s Office and the unsecured creditors committee have urged a New Jersey bankruptcy judge to reject Multi-Color Corp.’s request to disband the committee in its Chapter 11 case, arguing that the group remains essential. They said the company has not provided sufficient grounds for its request. In their response, the parties emphasized that the committee plays a key role in representing unsecured creditors and maintaining oversight of the case. Eliminating it, they argued, would weaken protections and reduce transparency. They asked the court to deny the motion, warning that disbanding the committee could disrupt negotiations and negatively impact creditor recoveries. The dispute will be resolved as part of the ongoing bankruptcy proceedings, the report states. About Multi-Color Corp. Multi-Color Corporation (MCC) provides prime label solutions to some of the world's most recognizable brands across a broad range of consumer-oriented end categories. Founded in 1916 and now headquartered in Atlanta, Georgia, the Company operates more than 90 facilities across over 25 countries, including 39 in North America, and employs approximately 12,800 people worldwide. Multi-Color Corp. and its affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.N.J. Lead Case No. 26-10910) on January 29, 2026. In its petition, MCC listed assets between $1 billion and $10 billion and liabilities of $5.9 billion. The Honorable Bankruptcy Judge Michael B. Kaplan handles the case. Kirkland & Ellis LLP and Cole Schotz P.C. are serving as legal counsel, Evercore is serving as investment banker, AlixPartners is serving as financial advisor, Quinn Emanuel Urquhart & Sullivan, LLP is serving as special counsel to the Special Committee of LABL, Inc.â€™s Board of Directors, and FGS Global is serving as strategic communications advisor to the Company. Kurtzman Carson Consultants, LLC, doing business as Verita Global, is the claims agent. Debevoise & Plimpton LLP and Latham & Watkins LLP are serving as legal counsel to CD&R and Moelis & Company LLC is serving as financial advisor. Milbank LLP and PJT Partners serve as legal counsel and financial advisor, respectively, to the ad hoc group of secured creditors. MW MASON: Court Extends Cash Collateral Access to May 29 -------------------------------------------------------- The U.S. Bankruptcy Court for the Central District of California, Northern Division granted MW Mason Construction, Inc. interim approval to use cash collateral. Under the court order, the Debtor is authorized to use cash collateral on an interim basis through May 29, strictly in line with the approved budget. The authorization is based on a prior stipulation with Kapitus, LLC. The court incorporated the terms of that stipulation into its order. A continued hearing is scheduled for May 6. The order is available at http://bankrupt.com/misc/MWMason_InterimCCOrder.pdf MW Mason's primary assets include approximately $40,000 in cash, $44,911 in accounts receivable, $50,000 in inventory, $48,500 in vehicles, and $53,850 in equipment, totaling around $237,261. Multiple creditors hold UCC-1 filings but only the first-position lienholder, Kapitus (owed $193,440), and the second-position lienholder, the U.S. Small Business Administration (owed $500,000), have secured claims that attach to all assets. Because the combined Kapitus and SBA claims exceed the Debtor's total asset value, all other creditors with UCC-1 filings including Headway Capital, BayFirst National Bank, Newity, Lendistry, and Funding Metrics are unsecured. About MW Mason Construction Inc. MW Mason Construction, Inc. is a construction services provider in the United States, working across residential and commercial sectors. It delivers general contracting, design-build, and renovation services, prioritizing high-quality results, project efficiency, and client satisfaction. MW Mason Construction sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 25-11589) on November 25, 2025. Its petition reports estimated assets between $100,001 and $1,000,000 and estimated liabilities of $1 million to $10 million. Honorable Bankruptcy Judge Ronald A. Clifford, III presides over the case. The Debtor is represented by William C. Beall, Esq., at Beall and Burkhardt, APC. NATIONAL TRANSPORTATION: Hires Falcone Law Firm P.C. as Counsel --------------------------------------------------------------- National Transportation Group dba Pinnacle Trans seeks approval from the U.S. Bankruptcy Court for the Northern District of Georgia to employ The Falcone Law Firm, P.C. as counsel. The firm will render these services: (a) advise, assist, and represent the Debtor with respect to its rights, powers, duties, and obligations in the administration of this case, the operating of its business in accordance with applicable bankruptcy law, the disposition of any assets which are not necessary for an effective reorganization on accordance with applicable bankruptcy law, the management of its property in accordance with applicable bankruptcy law, and the collection, preservation and administration of assets of its estate; (b) advise, assist and represent the Debtor in connection with analysis of the assets, liabilities and financial condition and other matters relating to the business and the preparation and filing of schedules, lists and statements, compliance with the United States Trustee's guidelines, and filing of a Plan of Reorganization; (c) advise, assist, and represent the Debtor, with regard to (i) negotiations with parties in interest concerning a plan; (ii) the formulation, preparation, and presentation of a plan; (iii) any and all matters relating to confirmation of a plan; (iv) review and analysis of the requirements of the Bankruptcy Code with regard to the foregoing; and (v) assistance, advice and representation with regard to compliance with applicable legal requirements; (d) advise, assist and represent the Debtor with regard to objections to or subordination of claims and with regard to other litigation as required; and to advise and represent it with regard to the review and analysis of any legal issues incident to any of the foregoing; (e) advise, assist and represent the Debtor with regard to the investigation of the desirability and feasibility of the rejection or assumption and potential assignment of any executory contracts or unexpired leases and to provide review and analysis with regard to the requirements of the Bankruptcy Code and Federal Rules of Bankruptcy and the estate's rights and powers with regard to such requirements, and the initiation and prosecution of appropriate proceedings in connection therewith; (f) advise, assist and represent the Debtor with regard to all applications, motions or complaints concerning reclamation, adequate protection sequestration, relief from stays, use of cash collateral, disposition or other use of assets of the estate, and all other similar matters; (g) advise, assist and represent the Debtor with regard to the sale or other dispositions of any assets of the estate; (h) prepare legal papers incidental to administration, and to conduct examinations as may be necessary pursuant to Federal Rule of Bankruptcy Procedure 2004 or as otherwise permitted under applicable law; (i) provide support and assistance to the Debtor with regard to the proper receipt, disbursement and accounting for funds and property of the estate; and (j) perform any and all other legal services incident or necessary to the proper administration of this case and the representation of the Debtor in the performance of its duties and exercise of its rights and powers under the Bankruptcy Code and Bankruptcy Rules. The firm will be paid at these rates: Senior Attorneys $500 per hour Associate Attorneys $350 per hour Paralegals $225 per hour Administrative Assistants $125 per hour The firm received $30,000 payment from the Debtor. Ian Falcone, Esq., a member at The Falcone 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: Ian M. Falcone, Esq. The Falcone Law Firm, PC 363 Lawrence Street Marietta, GA 30060 Telephone: (770) 426-9359 Email: imf@falconefirm.com About National Transportation Group dba Pinnacle Trans National Transportation Group LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ga. Case No. 26-53853) on March 23, 2026. In the petition signed by Ben Epstein, manager, the Debtor disclosed up to $500,000 in assets and up to $10 million in liabilities. Ian Falcone, Esq., at the Falcone Law Firm, PC, represents the Debtor as legal counsel. NELLIS CAB: Court OKs Appointment of Edward Burr as Examiner ------------------------------------------------------------ Judge August B. Landis of the U.S. Bankruptcy Court for the District of Nevada approved the appointment by Peter C. Anderson, the U.S. Trustee for Region 17, of Edward Burr as examiner in the Chapter 11 cases of Nellis Cab, LLC and Sun Cab, Inc. The appointment was made pursuant to the court's order on March 16. The Office of the U.S. Trustee has consulted with the following parties-in-interest under Section 1104(d) of the Bankruptcy Code regarding the appointment of the examiner: * The Debtors through their counsel of record, Athanasios E. Agelakopoulos of Schwartz, PLLC; * The section 1104 movants through their counsel of record, James T. Leavitt of Leavitt Legal Services, P.C.; * Lucky Cab Co. through its counsel of record, Michael R. Hogue of Greenberg Traurig LLP; and * Peteglo, LLC through its counsel of record, Jeffrey R. Hall of Hutchison & Steffen, LLC. To the best of the United States Trustee's knowledge, Mr. Burr's connections with the Debtor, creditors, and other parties-in-interest, their respective attorneys and accountants, the United States Trustee, and persons employed in the Office of the United States Trustee are limited to the connections set forth in Mr. Burr's Verified Statement. A copy of the appointment order is available for free at https://urlcurt.com/u?l=l104gs from PacerMonitor.com. About Nellis Cab LLC Nellis Cab LLC provides taxi transportation services in Las Vegas, Nevada, and has been operating in the region for more than 60 years. Nellis Cab LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Nev. Case No. 25-17375) on December 5, 2025, listing $1 million to $10 million in assets and $100,000 to $500,000 in liabilities. The petition was signed by Michelle Langille as manager. Judge August B Landis presides over the case. Samuel A. Schwartz, Esq. at SCHWARTZ LAW, PLLC represents the Debtor as counsel. NELSON DEVELOPMENTS: Seeks to Hire James C. Murnion as Counsel -------------------------------------------------------------- Nelson Developments Inc. seeks approval from the U.S. Bankruptcy Court for the District of Montana to employ the Law Office of James C. Murnion, PLLC as counsel. The firm's services include: (a) representing Applicant in all matters in this case as well as any associated adversary proceedings should they arise; (b) preparing and prosecuting a chapter 11 plan; (c) analyzing proofs of claim and objecting to the same as appropriate, and (d) preparing and presenting motions, applications, and other pleadings and papers as are reasonably necessary to accomplish Applicant's goals. The firm will be paid at these rates: Attorneys $150 per hour Paralegals $75 per hour The firm received from the Debtor a retainer of $5,000. The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Mr. Murnion 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 Clarke Murnion, Esq. Law Office of James C. Murnion, PLLC 415 N. Higgins Ave. Missoula, MT 59802 Tel: (406) 282-1857 E-Mail: james@murnionlaw.com About Nelson Developments Inc. Nelson Developments Inc. develops and manages real estate projects in Montana, concentrating on property development and investment activities. Nelson Developments Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Mon. Case No. 25-90164) on August 27, 2025. 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 Gary S. Deschenes, Esq., at Deschenes & Associates Law Offices. NEW FORTRESS: Secures 95% Support for $5.8B Restructuring Plan -------------------------------------------------------------- New Fortress Energy Inc. previously announced on March 17, 2026 that it entered into a Restructuring Support Agreement with its creditors as part of a consensual UK Restructuring Plan. NFE has received strong indications of support for the previously announced transaction, to be implemented through a UK RP, from its stakeholders, including holders and lenders representing over 95% of its approximately $5.8 billion principal amount of NFE's aggregate indebtedness, including, approximately: -- 93% of holders of the 2026 Legacy Notes; -- 87% of holders of the 2029 Legacy Notes; -- 98% of holders of the 2029 New Notes; -- 100% of lenders of the Term Loan A; -- 88% of lenders of the Term Loan B; and -- 100% of lenders of the Revolving Credit Facility. To ensure all holders who intend to accede to the RSA have ample time to submit directions via their custodians, the Company is announcing today the extension of the deadline for creditors to accede to the RSA and, provided certain conditions are met, be eligible for an early consent fee, to 5:00pm, New York City time, on April 8, 2026. Any questions on how to accede to the RSA including submitting direction through the clearing systems should be directed to the information agent, Kroll Issuer Services Limited, at the email address nfe@is.kroll.com and further information is available on its website https://deals.is.kroll.com/nfe. As previously announced, the Company expects to launch the UK RP process in April and the transaction is expected to be completed by the third quarter of 2026, subject to court availability, customary conditions and regulatory approvals. This expected timeline is on track and remains unchanged. 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. NEW MEXICO TERMINAL: Hires NMREA Inc as Real Estate Broker ---------------------------------------------------------- New Mexico Terminal Services LLC seeks approval from the U.S. Bankruptcy Court for the District of New Mexico to employ NMREA, Inc., a New Mexico corporation d/b/a Colliers as realtor. The realtor will market and sell the Debtor's property located at 9615 Broadway Blvd SE, Albuquerque, New Mexico. Colliers will be seeking a commission of 3% of the sale price of the Property plus applicable New Mexico Gross Receipts Tax. As disclosed in the court filings, Colliers does not hold an adverse interest to the estate, does not represent an adverse interest to the estate, and is a disinterested person under 11 U.S.C. Sec. 101(14). The firm can be reached through: John Ransom NMREA, Inc. d/b/a Colliers 5051 Journal Center NE, Suite 200 Albuquerque, NM 87109 Tel: (505) 883-7676 About New Mexico Terminal Services LLC New Mexico Terminal Services LLC is classified as a single-asset real estate entity under 11 U.S.C. Section 101(51B). New Mexico Terminal Services LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.N.M. Case No. 25-11291) on October 16, 2025. In its petition, the Debtor reports estimated assets between $10 million and $50 million and estimated liabilities between $1 million and $10 million. Honorable Bankruptcy Judge Robert H Jacobvitz handles the case. The Debtor is represented by Victor Gerald Grafe III, Esq. of VICTOR GRAFE LAW FIRM LLC. NEW SHILOH: Court Extends Cash Collateral Access to May 20 ---------------------------------------------------------- New Shiloh Christian Center, Inc. received another extension from the U.S. Bankruptcy Court for the Middle District of Florida, Orlando Division, to use cash collateral. The court issued a third preliminary order authorizing the Debtor to use cash collateral through May 20 for U.S. Trustee quarterly fees and other court-approved payments; the budgeted expenses, plus up to a 10% variance per line item; and additional amounts with approval from the U.S. Small Business Administration. The Debtor projects total operational expenses of $216,323 for the period from April to June. The SBA is the Debtor's senior secured creditor, with Piton Capital, LLC holding a potential inferior interest. As adequate protection, secured creditors will be granted replacement liens on post-petition cash collateral, maintaining the same validity and priority as their pre-bankruptcy liens. New Shiloh must also maintain required insurance coverage and comply with all statutory duties of a debtor-in-possession under the Bankruptcy Code and court orders. The order is without prejudice to future challenges regarding lien validity, priority, or the scope of cash collateral use, including rights of any creditors' committee that may be appointed. The order is available at http://bankrupt.com/misc/NewShiloh_3rdCCOrder.pdf The next hearing is scheduled for May 20. About New Shiloh Christian Center Inc. New Shiloh Christian Center, Inc., based in Melbourne, Florida, is a Christian church and private educational institution founded on January 5, 1997, by Bishop Jacquelyn D. Gordon and Deacon Haywood Gordon. The organization provides religious services, community programs, and operates Shiloh Christian Academy, a K-12 private Christian school, within its 125,000-square-foot facility on 17 acres that also includes a 3,000-seat sanctuary, chapel, office space, and youth division. New Shiloh Christian Center sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 25-08093) on December 12, 2025, with $8,619,548 in assets and $3,298,592 in liabilities. Lashaunda Gordon, chief financial officer, signed the petition. Judge Grace E. Robson presides over the case. Jeffrey S. Ainsworth, Esq., at Bransonlaw, PLLC represents the Debtor as bankruptcy counsel. NRPF GROUP: Hires Epiq Corporate as Claims and Noticing Agent ------------------------------------------------------------- Nrpf Group Two, LLC, seeks approval from the U.S. Bankruptcy Court for the Northern District of Georgia to hire Epiq Corporate Restructuring, LLC as noticing and solicitation agent. Epiq will oversee the distribution of notices and will assist in the maintenance, processing, and docketing of proofs of claim filed in the Chapter 11 cases of the Debtors. Before the petition date, the Debtors provided Epiq a retainer in the amount of $25,000. Alex Warso, a consulting director at Epiq, 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: Alex Warso Epiq Corporate Restructuring, LLC 122 East, 42nd Street, 18th Floor New York, NY 10168 About Nrpf Group Two, LLC Nrpf Group Two, LLC is a business entity that operates as part of a broader investment or real estate holding structure, managing assets and financial interests. The company focuses on overseeing investments and maintaining portfolio holdings. Nrpf Group Two, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-53945) on March 24, 2026. In its petition, the Debtor reports estimated assets between $0 and $100,000 and estimated liabilities between $10 million and $50 million. Honorable Bankruptcy Judge Sage M. Sigler handles the case. The Debtor is represented by Ashley Reynolds Ray, Esq. of Scroggins, Williamson & Ray, P.C. NRPF GROUP: Seeks to Hire SC&H Group as Investment Banker --------------------------------------------------------- NRPF Group Two, LLC, and affiliates seek approval from the U.S. Bankruptcy Court for the Northern District of Georgia to hire SC&H Group as investment banker. The firm will render these services: (a) familiarize itself with the business, operations, assets, financial condition and prospects of the Debtor; (b) advise the Debtor in analyzing its strategic alternatives and structuring and effecting the financial aspects of any Transaction; (c) design the appropriate process to effect and initiate any Transaction, including any analysis of the various alternatives and, if appropriate, the potential Counterparties to be contacted for the Transaction; (d) prepare an information memorandum or other materials about the Debtor and its Business for consideration by potential Counterparties; (e) contact potential Counterparties in connection with a Transaction and require potential Counterparties to execute Confidentiality Agreements in favor of the Debtor; (f) facilitate the development of a Virtual Data Room (VDR) with appropriate diligence materials for review by potential Counterparties; (g) circulate any information memorandum and marketing materials, provide access to the VDR or send materials to potential Counterparties, after completing confidentiality documents; (h) coordinate diligence with potential Counterparties and negotiate with and solicit offers from potential Counterparties. Advise the Debtor in structuring a Transaction and make recommendations as to whether or not a particular Transaction offer should be accepted; (i) in connection with a bankruptcy proceeding governing a potential Transaction, provide any relevant testimony and if necessary, provide assistance with the submission of bid procedures to the Court and conduct any auction that may result therefrom. (j) if requested by Debtor, negotiate with various stakeholders of the Debtor, including but not limited to, secured and unsecured creditors and equity shareholders, in regard to the possible financial restructuring of the existing claims of the creditors and/or equity stakeholders of the Debtor. (k) coordinate with the Debtor's legal counsel regarding matters related to the closing of a Transaction. The firm will be paid as follows: (a) On the first day of the term, the Debtors shall be obligated to pay SC&H a nonrefundable cash fee of $100,000 (the "Advance Fee"). This amount was paid by the Debtors on March 20, 2026. Beginning on the thirty-first day of the term and continuing each thirty days thereafter, during the term of this Agreement, the Debtors shall be obligated to pay SC&H, without notice or invoice, a nonrefundable cash fee of $50,000, payable in advance, on the first day of such 30-day period (each, a "Monthly Fee"). Each Advance Fee and Monthly Fee shall be earned upon the start of the related 30-day period in consideration of SC&H accepting this engagement and performing services. (b) In the event the Company completes a Sale, a fee (the "Sale Fee") to be paid upon the Closing of any Sale equal to the amount calculated as follows: (i) up to and including $10 million 4%, plus (ii) greater than $10 million and up to and including $17 million 3%, plus (iii) greater than $17 million 4%, (iv) provided that the Sale Fee for any Sale to Dine Brands shall be discounted by 50%, and (v) provided further that the Sale Fee associated with one or more Sale(s), which include at least one Sale to a party other than Dine Brands, shall never be less than $425,000 (the "Minimum Transaction Fee"), and (vi) provided further, that if Dine Brands is the only purchaser to complete a Sale, the Minimum Transaction Fee shall be reduced to $325,000 (the "Dine Minimum Transaction Fee") and the Advance Fee and all Monthly Fees paid, up to and including $325,000, shall be credited towards the Sale Fee related to Dine Brands. (vii) In the event of Sales to multiple parties, for purposes of calculating the Sale Fee, the aggregate Total Consideration of all Sales shall be used and the Minimum Transaction Fee establishes a minimum total across all Transactions, not applied to each of multiple distinct Transactions. (c) In the event the Company completes a Financing, a fee (the "Financing Fee"), to be paid upon the Closing of any Financing, equal to the greater of the Minimum Transaction Fee or the sum of: (i) 2% of the gross amount of funded or committed indebtedness that is secured by a first lien including, without limitation, debtor-in-possession financing; plus (ii) 3.5% of the gross amount of funded or committed indebtedness that (1) is secured by a second or more junior lien, (2) is unsecured and/or (3) is subordinated; plus (iii) 5% of the gross amount of any funded or committed preferred or common equity, convertible or otherwise equity-linked securities or obligations. (d) In the event the Company completes a Restructuring, a fee (the "Restructuring Fee") equal to the Minimum Transaction Fee, payable upon the Closing of the Restructuring including, without limitation, the confirmation and effectiveness of a Plan of Reorganization. On March 20, 2026, SC&H was paid $100,000 on account of its advance fee. As disclosed in the court filings, SC&H Group is a "disinterested person" as that term is defined in section 101(14) of the Bankruptcy Code. The firm can be reached through: Kenneth W. Mann SC&H Group 11000 Broken Land Parkway, 5th Floor Columbia, MD 21044 Tel: (410) 403-1500 About NRPF Group Two, LLC NRPF Group Two, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ga. Case No. 26-53945) on March 24, 2026.In the petition signed by Katie S. Goodman, CRO, the Debtor disclosed up to $50,000 in assets and up to $50 million in liabilities. J. Robert Williamson, Esq., at Scroggins, Williamson & Ray, P.C., represents the Debtor as legal counsel. NRPF GROUP: Seeks to Hire Scroggins Williamson & Ray as Counsel --------------------------------------------------------------- Nrpf Group Two, LLC, seeks approval from the U.S. Bankruptcy Court for the Northern District of Georgia to hire Scroggins, Williamson & Ray, P.C. as counsel. The firm's services include: (a) preparing pleadings and applications; (b) representing Debtor at hearings; (c) conducting examinations; (d) advising the Debtors of their rights, duties and obligations as debtors-in-possession; (e) consulting with the Debtors and representing the Debtors with respect to a chapter 11 plan and/or a sale of the Debtors' assets; (f) performing legal services incidental and necessary to the day-to-day operation of the Debtors' affairs, including, but not limited to, institution and prosecution of necessary legal proceedings, and general business and corporate legal advice and assistance; and (g) taking any and all other action incidental to the proper preservation and administration of the Debtors' estates. The firm's current hourly rates are: Attorneys $585 to $645 Paralegals $155 to $195 The firm received a retainer in the amount of $607,403.27, of which $233,486.80 was applied to prepetition services and expenses and to pay for the filing fees. As disclosed in the court filings, Scroggins, Williamson & Ray, P.C. is a "disinterested person" within the meaning of 11 U.S.C. Sec. 101(14). The firm can be reached through: J. Robert Williamson, Esq. Ashley Reynolds Ray, Esq. Matthew W. Levin, Esq. SCROGGINS, WILLIAMSON & RAY, P.C. 4401 Northside Parkway, Suite 230 Atlanta, Georgia 30327 Tel: (404) 893-3880 Fax: (404) 893-3886 Email: rwilliamson@swlawfirm.com aray@swlawfirm.com mlevin@swlawfirm.com About Nrpf Group Two, LLC Nrpf Group Two, LLC is a business entity that operates as part of a broader investment or real estate holding structure, managing assets and financial interests. The company focuses on overseeing investments and maintaining portfolio holdings. Nrpf Group Two, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-53945) on March 24, 2026. In its petition, the Debtor reports estimated assets between $0 and $100,000 and estimated liabilities between $10 million and $50 million. Honorable Bankruptcy Judge Sage M. Sigler handles the case. The Debtor is represented by Ashley Reynolds Ray, Esq. of Scroggins, Williamson & Ray, P.C. NRPF GROUP: Taps Katie S. Goodman of GGG Partners as CRO -------------------------------------------------------- Nrpf Group Two, LLC, seeks approval from the U.S. Bankruptcy Court for the Northern District of Georgia to hire GGG Partners, LLC to provide interim management services, designate Katie S. Goodman as chief restructuring officer, and provide certain additional personnel. The firm will render these services: a. oversee the preparation of schedules, monthly operating reports and other reporting; b. review and validate cash projections; c. advise with respect to finances and provide guidance in making financial decisions to provide benefit to the reorganization; d. evaluate various strategic alternatives with the Board and counsel; and e. generally act as the Client's Chief Restructuring Officer. The firm will be paid at these rates: Katie Goodman $495 per hour Associates $375 to $450 per hour GGG will also seek reimbursement for reasonable out of pocket expenses. GGG has been paid approximately $42,389.62 from a pre-petition retainer for advising and assisting the Debtors in connection with these Chapter 11 cases. Katie S. Goodman, managing member of GGG Partners, LLC, assured the court that GGG is disinterested, as that term is defined in 11 U.S.C. Sec. 101(14). The firm can be reached through: Katie S. Goodman GGG Partners, LLC 2870 Peachtree Rd, Ste 502 Atlanta, GA 30305 Office: (404) 256-0003 ext. 225 Direct: (404) 293-0137 Email: kgoodman@gggpartners.com About Nrpf Group Two, LLC Nrpf Group Two, LLC is a business entity that operates as part of a broader investment or real estate holding structure, managing assets and financial interests. The company focuses on overseeing investments and maintaining portfolio holdings. Nrpf Group Two, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-53945) on March 24, 2026. In its petition, the Debtor reports estimated assets between $0 and $100,000 and estimated liabilities between $10 million and $50 million. Honorable Bankruptcy Judge Sage M. Sigler handles the case. The Debtor is represented by Ashley Reynolds Ray, Esq. of Scroggins, Williamson & Ray, P.C. NSNETWORK CORPORATION: Neema Varghese Named Subchapter V Trustee ---------------------------------------------------------------- The U.S. Trustee for Region 11 appointed Neema Varghese of NV Consulting Services as Subchapter V trustee for NSNetwork Corporation, Inc. Ms. Varghese will be paid an hourly fee of $400 for her services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Ms. Varghese declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Neema T. Varghese NV Consulting Services 701 Potomac, Ste. 100 Naperville, IL 60565 Tel: (630) 697-4402 Email: nvarghese@nvconsultingservices.com About NSNetwork Corporation Inc. NSNetwork Corporation, Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 26-05134) on March 23, 2026, with $0 to $50,000 in assets and $100,001 to $500,000 in liabilities. Judge Deborah L. Thorne presides over the case. Laxmi P. Sarathy, Esq. at Whitestone, P.C. represents the Debtor as legal counsel. OCEAN PARKWAY: Seeks to Hire Estelle Miller as Accountant --------------------------------------------------------- Ocean Parkway BH 26 LLC seeks approval from the U.S. Bankruptcy Court for the Eastern District of New York to hire Estelle Miller, a certified public accountant practicing in Bellmore, New York. Ms. Miller will provide these services: (a) gather and verify all pertinent information required to compile and prepare monthly operating reports; and (b) prepare, review, and file monthly operating reports for the Debtor during the course of the bankruptcy case. Ms. Miller will bill at a rate of $200 per report. The firm has received an initial retainer of $2,000 from Rizm LLC. Ms. Miller disclosed in a court filing that she is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The accountant can be reached at: Estelle Miller Certified Public Accountant 1620 Ocean Ave Suite 1A Brooklyn, NY 11230 Telephone: (347) 570-7002 E-mail: estellemillercpa@gmail.com About Ocean Parkway BH 26 LLC Ocean Parkway is a Single Asset Real Estate debtor (as defined in 11 U.S.C. Section 101(51B)). The Debtor is the owner of real property located at 2105 Ocean Parkway, Brooklyn, NY 11223 having an appraised value of $9.8 million. Ocean Parkway BH 26 LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. E.D.N.Y. Case No. 24-40210) on Jan. 17, 2024. In the petition signed by Salomao Laniado as manager, the Debtor disclosed $9,802,500 in assets and $5,387,703 in liabilities. Judge Nancy Hershey Lord presides over the case. Jonathan S. Pasternak, Esq. at DAVIDOFF HUTCHER & CITRON LLP represents the Debtor as counsel. OCEAN PARKWAY: Seeks to Hire JBM Real Estate as Real Estate Broker ------------------------------------------------------------------ Ocean Parkway BH 26 LLC seeks approval from the U.S. Bankruptcy Court for the Eastern District of New York to hire JBM Real Estate as real estate broker. The firm will list, market and sell the Debtor's property located at 2105 Ocean Parkway Brooklyn New York 11223. The firm will receive a broker's commission equal to 1.7% of final sales price. As disclosed in the court filings, JBM Real Estate is a "disinterested person" as defined in 11 U.S.C. Sec. 101(14). The firm can be reached through: Jenny Braha Mizrahi JBM Real Estate 346 Avenue U Brooklyn, NY 11223 Tel: (732) 233-9632 Email: jenny@jbsrealestate.org About Ocean Parkway BH 26 LLC Ocean Parkway is a Single Asset Real Estate debtor (as defined in 11 U.S.C. Section 101(51B)). The Debtor is the owner of real property located at 2105 Ocean Parkway, Brooklyn, NY 11223 having an appraised value of $9.8 million. Ocean Parkway BH 26 LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. E.D.N.Y. Case No. 24-40210) on Jan. 17, 2024. In the petition signed by Salomao Laniado as manager, the Debtor disclosed $9,802,500 in assets and $5,387,703 in liabilities. Judge Nancy Hershey Lord presides over the case. Jonathan S. Pasternak, Esq. at DAVIDOFF HUTCHER & CITRON LLP represents the Debtor as counsel. OLDE TOWN: Files Amendment to Disclosure Statement -------------------------------------------------- Olde Town Apartments Owner LLC submitted a First Amended Disclosure Statement to the Plan of Reorganization dated March 26, 2026. Since the petition date, the Debtor has continued in the possession, management and operation of its assets, properties and businesses in accordance with Sections 1107 and 1108 of the Bankruptcy Code. This is a liquidating Plan of Reorganization. Through this Plan, the Debtor proposes to sell the Property to the Buyer pursuant to the Contract and to pay existing real estate taxes, closing costs and the balance to the Metropolitan Bank pursuant to the Mortgage. No other creditor, except for administrative claimants will be paid. The term of the Plan shall not exceed a period of five years. The Amended Disclosure Statement does not alter the proposed treatment for unsecured creditors and the equity holder: * Class IV Claims are represented by the claims of the Lien Claimants and the Unsecured Creditors. These Claimants, including the Lien Claimants, will receive no payments under the Plan. This Class is impaired. * Class V consists of Interest Holders. The Class V Interests are represented by Old Town Apartment Owner 26, LLC and Old Town Apartment Owner 18, LLC. After the sale of the Property, the members will surrender ownership of membership interests in the Debtor. Through this Plan, the Debtor proposes to pay its creditors through the sale of the Property pursuant to the Contract, and if necessary, to pay administrative expenses and the priority claim of the Internal Revenue Service ($2,570.59) through one or both of Old Town Apartment Owner 26, LLC and Old Town Apartment Owner 18, LLC. Under the Plan, the Debtor seeks to liquidate its non-exempt assets (i.e. the Property) and use its future earnings if necessary to pay debts in accordance with the Plan. The Debtor shall distribute all payments required by the Plan to creditors of the Debtor according to the priorities set forth in the Bankruptcy Code and as set forth in the Plan. The Debtor believes that confirmation of the Plan is in the best interests of the Debtor and its creditors. The Plan and its proposed treatment of creditors is feasible. Under the terms of the Plan, all creditors will receive as much or more than they would receive in a Chapter 7 liquidation. Accordingly, the Debtor urges each creditor that is impaired under, and entitled to vote with respect to, the Plan, to vote to accept the Plan. A full-text copy of the First Amended Disclosure Statement dated March 26, 2026 is available at https://urlcurt.com/u?l=phmmaf from PacerMonitor.com at no charge. Counsel to the Debtor: Ariel Weissberg, Esq. Weissberg and Associates, Ltd. 125 South Wacker Drive, Suite 300 Chicago, IL 60606 Telephone: (312) 663-0004 Facsimile: (312) 663-1514 Email: ariel@weissberglaw.com About Olde Town Apartments Owner LLC Olde Town Apartments Owner LLC, based in Springfield, Illinois, owns and manages the Olde Towne Apartments complex located at 748 Bruns Lane, which consists of a multi-building residential community. The Company operates within the real estate and property management industry, overseeing leasing, maintenance, and related services for the apartment units. Olde Town Apartments Owner LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Ill. Case No. 25-70986) on December 9, 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 Mary P. Gorman handles the case. The Debtor is represented by Ariel Weissberg, Esq., at Weissberg and Associates, Ltd. OLEGNA FUSCHI: U.S. Trustee Wins Bid to Dismiss Bankruptcy Case --------------------------------------------------------------- The Hon. Philip Bentley of the U.S. Bankruptcy Court for the Southern District of New York granted the motion of the United States Trustee to dismiss Olegna Fuschi's Chapter 11 bankruptcy case with prejudice. The Court finds that the Debtor filed this bankruptcy in bad faith, which provides a further ground for dismissal and also justifies a two-year bar on future bankruptcy filings. The Debtor filed four prior bankruptcy cases, in 2009, 2010, 2018, and 2021, before she filed this case 13 months ago. All five of her bankruptcy cases appear to have been intended to forestall the foreclosure of her co-op apartment. And in fact, these bankruptcies have prevented the foreclosure of her apartment, by repeatedly staying the foreclosure suit that has been pending in state court for at least the past 17 years. The biggest fact that supports the finding of bad faith is that this is the Debtor's fifth bankruptcy case. Judge Bentley explains, "I find that that if I were to allow this bankruptcy to continue, we would just get a continuation of this sort of conduct. This complete non-compliance with any order I enter, along with the prior filings and the absence of any apparent purpose served by letting the bankruptcy continue, justifies dismissal with prejudice." The U.S. Trustee's office has asked Judge Bentley to also enter in rem stay relief. According to Judge Bentley, "I don't think it's needed, because I am entering a two-year bar on future filings. And second, the classic situation for granting in rem relief is when there are multiple debtors who collude among themselves to continue a stay in effect. That's not the case here." A copy of the Court's Bench Decision dated March 27, 2026, is available at https://urlcurt.com/u?l=NpWCoY from PacerMonitor.com. Olegna Fuschi filed for Chapter 11 bankruptcy protection (Bankr. S.D.N.Y. Case No. 25-10304) on February 18, 2025, listing under $1 million in both assets and liabilities. The Debtor is represented by Kendra Harris, Esq. ONE GATEWAY: Hires Bang Reality-Georgia as Real Estate Broker ------------------------------------------------------------- One Gateway Blvd., LLC seeks approval from the U.S. Bankruptcy Court for the Southern District of Georgia to hire Brian Brockman of Bang Reality-Georgia, Inc. as real estate broker to market certain properties. Mr. Brockman assured the court that he does not represent or hold an interest adverse to the estate in the matters in which it is to be engaged. The firm can be reached through: Brian Brockman Bang Reality-Georgia, Inc. 2939 Vernon Place Cincinnati, OH 45219 About One Gateway Blvd., LLC One Gateway Blvd., LLC is a single-asset real estate company that owns and operates a hospitality property located at 1 East Gateway Boulevard in Savannah, Georgia, with operations focused on the ownership and management of a hotel property serving the local traveler accommodation market. One Gateway Blvd., LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Ga. Case No. 25-40010) on January 6, 2026, listing $1 million to $10 million in both assets and liabilities. The petition was signed by Mark Edwards as managing member. Jon Levis, Esq. at LEVIS LAW FIRM, LLC represents the Debtor as counsel. ONE GATEWAY: Hires Northmarq Multifamily as Real Estate Broker -------------------------------------------------------------- One Gateway Blvd., LLC seeks approval from the U.S. Bankruptcy Court for the Southern District of Georgia to hire Blake Wiser of Northmarq Multifamily, LLC as real estate broker to market certain properties. Mr. Wiser assured the court that he does not represent or hold an interest adverse to the estate in the matters in which it is to be engaged. The firm can be reached through: Blake Wiser Northmarq Multifamily, LLC 1801 West End Ave., Suite 720 Nashville, TN 37203 About One Gateway Blvd., LLC One Gateway Blvd., LLC is a single-asset real estate company that owns and operates a hospitality property located at 1 East Gateway Boulevard in Savannah, Georgia, with operations focused on the ownership and management of a hotel property serving the local traveler accommodation market. One Gateway Blvd., LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Ga. Case No. 25-40010) on January 6, 2026, listing $1 million to $10 million in both assets and liabilities. The petition was signed by Mark Edwards as managing member. Jon Levis, Esq. at LEVIS LAW FIRM, LLC represents the Debtor as counsel. ONYX BUSINESS: Gets Interim OK to Use Cash Collateral ----------------------------------------------------- The U.S. Bankruptcy Court for the Middle District of Florida, Tampa Division, granted Onyx Business Solutions of Florida, LLC interim approval to use cash collateral. The authorization allows the Debtor to continue operating its business while the Chapter 11 Subchapter V case proceeds. Under the order, the Debtor may use cash collateral strictly to pay ordinary and necessary business expenses in accordance with an approved monthly budget. As adequate protection, secured creditors will be granted automatically perfected post-petition liens on cash collateral, maintaining the same validity and priority as their prepetition interests. The Debtor must comply with all duties under the Bankruptcy Code, including maintaining appropriate insurance coverage and adhering to U.S. Trustee guidelines. The order also preserves creditors' rights to seek additional protections or object to improper use of funds at a later stage. The order remains effective until key events such as plan confirmation and dismissal or conversion of the Debtor's Chapter 11 case. A continued hearing is scheduled for April 15. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/eOKVc from PacerMonitor.com. About Onyx Business Solutions of Florida Inc. Headquartered in Tampa, Onyx Business Solutions of Florida, Inc. provides printing and document management solutions across Florida, including Jacksonville, Orlando, Naples, Miami, and Fort Lauderdale. It offers high-speed inkjet and laser printers, duplicators, paper handling equipment, and document management software, supported by local sales, technical service, and supply management. Its operations focus on delivering cost-effective, high-volume printing solutions and related equipment to organizations printing between 500 and 5 million copies per month. Onyx sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-01104) on February 12, 2026, with $416,740 in assets and $1,631,766 in liabilities. Onyx President Stephen Craig signed the petition. Samantha L. Dammer, Esq., at Bleakley Bavol Denman & Grace represents the Debtor as legal counsel. Bank of Tampa, as creditor, is represented by: Steven F. Thompson, Esq. Tyler J. Caron, Esq. Thompson Commercial Law Group 615 W. De Leon Street Tampa, Florida 33606 Telephone: (813) 387-1821 Telecopier: (813) 387-1824 Email: sthompson@thompsonclg.com tcaron@thompsonclg.com OUACHITA COUNTY: U.S. Trustee Appoints William Marshall as PCO -------------------------------------------------------------- Jerry Jensen, the Acting U.S. Trustee for Region 13, appointed William Marshall of William T. Marshall, PLC as patient care ombudsman for Ouachita County Medical Center. To the best of the U.S. Trustee's knowledge and based on the PCO's verified statement, Mr. Marshall has no connections with Ouachita County Medical, creditors and other parties-in-interest in the bankruptcy case. Section 333(b) of the Bankruptcy Code provides that the patient care ombudsman shall: * Monitor the quality of care provided to patients of a debtor, to the extent necessary under the circumstances, including interviewing patients and physicians; * Not later than 60 days after the date of the appointment, and not less frequently than at 60-day intervals thereafter, report to the court after notice to the parties in interest, at a hearing or in writing, regarding the quality of patient care; and * If such ombudsman determines that the quality of patient care is declining significantly or is otherwise being materially compromised, file with the court a motion or a written report, with notice to the parties in interest immediately upon making such determination. The ombudsman may be reached at: William T. Marshall William T. Marshall, PLC P.O. Box 7419 Little Rock, AR 72207 Tel: 501-786-4007 Fax: 501-374-1322 bmarshall@billmarshalllaw.com 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 filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. W.D. Ark. Case No. 26-70418) on March 9, 2026, listing $1 million to $10 million in both assets and liabilities. Judge Richard D Taylor presides over the case. Kevin P. Keech, Esq., at Keech Law Firm, P.A. serves as the Debtor's bankruptcy counsel. PAP-R PRODUCTS: Seeks to Extend Plan Exclusivity to June 30 ----------------------------------------------------------- Pap-R Products Company asked the U.S. Bankruptcy Court for the Southern District of Illinois to extend its exclusivity periods to file a plan of reorganization and obtain acceptance thereof to June 30 and Sept. 1, 2026, respectively. The Debtor believes that the instant request for an extension is consistent with sound case management, and will allow Debtor's management, and all creditors and other parties in interest adequate time to focus on the development, negotiation and documentation of a plan of reorganization. The Debtor explains that its reorganization is proceeding at a pace consistent with the size of the case and the complex and difficult issues confronting Debtor. Debtor's landlord for its Martinsville plant has a contract to sell the property, which is expected to close in April, 2026. Debtor is in the process of moving out of the Martinsville property and reducing its expenses. The landlord is a related party, and the sale will reduce indebtedness for which Debtor is arguably responsible. In addition, Debtor is working to sell its Colorkraft assets, which would further reduce its expenses and the proceeds of which would reduce secured debt. These two sales are scheduled to close in April, 2026. Both transactions will benefit Debtor's estate and will form the basis for Debtor to file a plan of reorganization by June 30. The Debtor asserts that although the company has made progress in laying the groundwork for a plan of reorganization, it does require additional time to formulate, finalize and file its chapter 11 plan provided that the transactions described close. Debtor needs additional time to build a consensual plan, which will be the focus of discussions with its secured creditors and other interested parties. The Debtor further asserts that an extension of the Exclusive Periods as requested herein will not prejudice any party in interest, but rather will afford Debtor an opportunity to achieve and propose a confirmable chapter 11 plan. Failure to extend the Exclusive Periods as requested herein would defeat the very purpose of section 1121 of the Bankruptcy Code -- i.e., to provide Debtor with a meaningful and reasonable opportunity to negotiate with creditors and other parties in interest and propose a confirmable chapter 11 plan. Pap-R Products Company is represented by: Larry E. Parres, Esq. Lewis Rice LLC 600 Washington Ave., Suite 2500 St. Louis, MO 63101 Telephone: (314) 444-7600 Facsimile: (314) 612-7660 Email: lparres@lewisrice.com About Pap-R Products Company Founded in 1947, PAP-R Products specializes in a wide range of coin and currency wrapping solutions. The Company's product lineup includes flat coin wrappers, automatic coin rolls, currency bands, and specialized wraps for items such as napkins and canceled checks. All products are crafted from high-quality Kraft paper and adhere to ABA standards when applicable. The company also offers custom imprinting services for most products, excluding basic bill bands and storage boxes. Pap-R Products Company sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Ill. Case No. 25-60040) on March 3, 2025, listing up to $50 million in both assets and liabilities. The petition was signed by Kenneth Scott Ware as president. Larry E. Parres, Esq., at Lewis Rice LLC, serves as the Debtor's counsel. PAST & PRESENT: Hires Frost & Associates LLC as Counsel ------------------------------------------------------- Past & Present Towing & Recovery, Inc. seeks approval from the U.S. Bankruptcy Court for the District of Maryland to employ Frost & Associates, LLC as counsel. The firm's services include: (a) prepare bankruptcy petitions, schedules, and financial statements for filing; (b) provide the Debtor with legal advice with respect to its powers and duties; (c) prepare on behalf of the Debtor all necessary legal papers; (d) assist in analyses and representation with respect to lawsuits to which the Debtor is or may be a party; (e) negotiate, prepare, file and seek approval of a plan of reorganization; (f) represent the Debtor at all hearings, meetings of creditors and other proceedings; and (g) perform all other legal services for the Debtor which may be necessary to serve its best interests and its bankruptcy estate. The firm received an advance retainer in the amount of $10,000 from the Debtor. 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. Daniel Staeven, Esq., an attorney at Frost & 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: Daniel A. Staeven, Esq. Frost & Associates, LLC 839 Bestgate Road Suite 400 Annapolis, MD 21401 Telephone: (410) 705-7791 Facsimile: (888) 235-8405 Email: daniel.staeven@frosttaxlaw.com About Past & Present Towing & Recovery, Inc. Past & Present Towing & Recovery, Inc., filed a Chapter 11 bankruptcy petition (Bankr. D. Md. Case No. 26-13144) on March 25, 2026. The Debtor hires Frost & Associates, LLC as counsel. PAWLUS DENTAL: Douglas Adelsperger Named Subchapter V Trustee ------------------------------------------------------------- The Acting U.S. Trustee for Region 10 appointed Douglas Adelsperger, Esq., as Subchapter V trustee for Pawlus Dental, Inc. Mr. Adelsperger will be paid an hourly fee of $425 for his services as Subchapter V trustee and will be reimbursed for work related expenses incurred. Mr. Adelsperger declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Douglas R. Adelsperger, Trustee 1251 N. Eddy St., Suite 200 South Bend, IN 46617 Tel: (260) 407-0909 Email: trustee@adelspergerlawoffices.com About Pawlus Dental Pawlus Dental, Inc. provides comprehensive dental services in Columbus, Ind., focusing on preserving natural teeth and enhancing smile aesthetics. The practice offers treatments including dental implants, sleep apnea management, clear aligners, periodontal and cosmetic care, preventive and restorative dentistry, wisdom teeth extraction, root canal therapy, and sedation dentistry. Pawlus Dental sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Ind. Case No. 25-02780) on May 14, 2025, listing $890,156 in total assets and $1,119,328 in total liabilities. John G. Pawlus, president and owner of Pawlus Dental, signed the petition. Judge James M. Carr oversees the case. John Allman, at Hester Baker Krebs, LLC, is the Debtor's bankruptcy counsel. German American Bank, as lender, is represented by: Bruce A. Smith, Esq. Rhonda S. Miller, Esq. Smith & Miller, LLP P.O. Box 387 Bargersville, IN 46106 Phone: (812) 802-0222 E-mail: bsmith@smithmillerlaw.com rmiller@smithmillerlaw.com PITTS FUNERAL: Trustee Taps Gleason & Associates as Accountant -------------------------------------------------------------- William G. Krieger, the Chapter 11 Trustee of Pitts Funeral Home & Cremation Service, LLC, seeks approval from the United States Bankruptcy Court for the Western District of Pennsylvania to hire Gleason & Associates as his accountant. Gleason will provide these services: a. perform bookkeeping/accounting services and prepare financial statements for the Debtor on a monthly basis; b. assist in the preparation of the monthly operating reports as required by the Bankruptcy Court; c. process the Debtor's bi-weekly payroll including all quarterly and annual payroll tax returns and related reporting requirements; and d. other matters as required by the Trustee. The firm's standard hourly rates ranging from $125 to $450 per hour. As disclosed in the court filings, Gleason is “disinterested” persons as that term is defined in § 101(14) of the Bankruptcy Code. The accountant can be reached through: William G. Krieger, CPA Gleason & Associates One Gateway Center, Suite 525 420 Ft. Duquesne Boulevard Pittsburgh, PA 15222 About Pitts Funeral Home & Cremation Service Pitts Funeral Home & Cremation Service, LLC sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D. W.D. Pa. Case No. 25-23211 CMB) on November 25, 2025. At the time of the filing, the Debtor had estimated assets of between $500,001 and $1 million and liabilities of between $100,001 and $500,000. Honorable Judge Carlota M. Bohm oversees the case. Rodney D. Shepherd, Esquire serves as the Debtor's legal counsel. PMB PROPERTY: Seeks to Tap Latham Luna Eden as Bankruptcy Counsel ----------------------------------------------------------------- PMB Property Improvements, LLC seeks approval from the U.S. Bankruptcy Court for the Middle District of Florida to hire Latham, Luna, Eden & Beaudine, LLP as its bankruptcy 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 $495 Other Attorneys $275 - $495 Junior Paraprofessionals $105 Prior to the commencement of this case, the Debtor paid an advance fee of $21,738 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 PMB Property Improvements LLC PMB Property Improvements, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-02068) on March 17, 2026, with $0 to $50,000 in assets and $100,001 to $500,000 in liabilities. Judge Luis Ernesto Rivera II presides over the case. Daniel A. Velasquez, Esq. at Latham, Luna, Eden & Beaudine, LLP represents the Debtor as legal counsel. PMK CAPITAL: Hires Choi & Ito as General Bankruptcy Counsel ----------------------------------------------------------- PMK Capital Partners, LLC seeks approval from the U.S. Bankruptcy Court for the District of Hawaii to employ Choi & Ito to handle its Chapter 11 case. The firm will be paid at these hourly rates: Chuck Choi, Attorney $500 Allison Ito, Attorney $350 Ms. Ito 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: Allison A. Ito, Esq. Choi & Ito 700 Bishop Street, Suite 1107 Honolulu, HI 96813 Telephone: (808) 533-1877 Facsimile: (808) 566-6900 Email: aito@hibklaw.com About PMK Capital Partners, LLC PMK Capital Partners LLC in Honolulu, HI, sought relief under Chapter 11 of the Bankruptcy Code filed its voluntary petition for Chapter 11 protection (Bankr. D. Haw. Case No. 26-00202) on March 9, 2026, listing as much as $1 million to $10 million in both assets and liabilities. Albert K.F. Kam, Jr. signed the petition in his capacity as CEO of Hawaii Water Company, Inc., the managing member of the Debtor, signed the petition. Judge Robert J Faris oversees the case. CHOI & ITO serve as the Debtor's legal counsel. PRETTY PETUNIA: Taps Accounting & Tax Services LLC as Accountant ---------------------------------------------------------------- Pretty Petunia Waxing, LLC and Wild Kitty Waxing, LLC seek approval from the U.S. Bankruptcy Court for the District of Colorado to hire Accounting & Tax Services LLC as accountants. The firm will assist the Debtors in preparing their books and records and meet other taxing and accounting obligations. The firm will charge rates of $165 per month for the bookkeeping-related services. Accounting & Tax Services is a "disinterested person" as that term is defined in Bankruptcy Code Sec. 101(14), according to court filings. The firm can be reached through: Dov Mowszowski, CPA Accounting & Tax Services, LLC 7000 E. Belleview Avenue, Suite 360 Greenwood Village, CO 80111 Tel: (720) 403-9070 Email: info@accountingsvs.com About Pretty Petunia Waxing LLC Pretty Petunia Waxing LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D. Colo. Case No. 26-10690) on February 5, 2026, with up to $50,000 in assets and liabilities. Judge Joseph G. Rosania Jr. presides over the case. Aaron A. Garber, Esq., represents the Debtor as legal counsel. PRIVATE LENDER: Amends Unsecureds & Quy Claims Pay Details ---------------------------------------------------------- Private Lender Network, LLC C ("PLN") submitted a Second Amended Disclosure Statement describing Chapter 11 Plan dated March 26, 2026. Since the bankruptcy filings, Debtor has continued to operate and has filed Monthly Operating Reports. The Plan channels (i) the Debtor's Net Disposable Income and (ii) a $150,000 investor contribution into a distribution fund, pays administrative and priority claims first, and then distributes pro rata to general unsecured creditors. Disputed litigation claims House Mosaic (Class 2) and Quy (Class 3), are separately classified with estimation/temporary-allowance procedures and dedicated reserves so the Bankruptcy Case can move forward while appeals proceed. The amended treatment of Quy is expected to be implemented through a Rule 9019 compromise and amended plan provisions providing for dismissal of the pending specific performance appeal, release of the supersedeas bond, a Class 3 payment on the Effective Date, and release of the applicable earnest money, all as more particularly set forth in the amended plan and any approved compromise order. In the instance that House Mosaic prevails in its appeal and, per a final order, adjudged to have an Allowed Secured Claim, it will recover the net sale proceeds of the Estate's interest in the Tower Property under Section 1129(b)(2)(A) of the Bankruptcy Code, with any shortfall treated as a Class 4 unsecured deficiency; if, at the conclusion of the appeal, House Mosaic has an allowed claim that is not secured, House Mosaic will share in Class 4 (General Unsecured) pro rata. The amended Plan is also expected to incorporate a limited-scope Plan Fiduciary under a separate Plan Fiduciary Agreement. The Plan Fiduciary would not administer the distribution fund or make distributions, which functions remain with the Reorganized Debtor, but would instead conduct a defined investigation concerning potential chapter 5 claims, the ownership and practical collectability of judgments and related estate assets, and relationships, transfers, and allocations involving the Debtor and related parties In addition, the amended Plan and Confirmation Order are intended to provide final treatment of proceeds presently required to be held in the Debtor's Trust Account under the Agreed Interim Order Authorizing Debtor to Release Liens Upon Satisfaction of Loan Obligations in the Ordinary Course of Business, including proceeds of the Bianco Transaction and other ordinary course payoff or collection proceeds. The Debtor contends that certain such funds, including funds derived from judgment or collection matters identified on Schedules A/B, are investor beneficial proceeds net of any contractually earned servicing fees and approved, documented reimbursement rights of the Estate, and that, to the extent authorized by the Confirmation Order, some or all of such investor-beneficial proceeds may be contributed to the Plan Fund and treated as all or a portion of the $150,000 Investor Contribution, while the Reorganized Debtor will also be authorized to continue releasing liens in the ordinary course and to implement the Bianco Transaction without further motion practice. The Plan preserves all claims and causes of action the Estate has or may have against third parties. The Debtor contends and the Quys, Matsons, House Mosaic and the Receiver dispute that the structure of the Plan is designed to maximize recoveries relative to Chapter 7, resolve lien and ownership disputes in a centralized forum, and deliver feasible, orderly distributions while protecting non-estate investor interests. Class 3 consists of Quy Claims. The Quy Claim includes non-monetary specific performance of the Tower Drive contract and a monetary component consisting of awarded attorneys' fees/costs and contingent appellate fee increments as set forth in the state-court judgment and orders (collectively, the "Quy Monetary Component"). The contingent appellate-fee portions become Allowed only upon satisfaction of the stated contingencies by Final, Non-Appealable Order. If a Final, Non-Appealable Order requires specific performance, the parties shall consummate the conveyance of the Tower Property. The Quy Monetary Component and all other necessary costs of repairs to deliver the Tower Property in the condition that it existed on the original Closing Date under the Tower Contract shall be set off against the Purchase Price under the Tower Contract (the "Net Purchase Price"). The Net Purchase Price shall be paid by the Quys, or their assigns, to the Debtor at closing. The Net Purchase Price after deduction for (i) customary closing costs/taxes, and (ii) the Allowed Secured Claim, if any, of House Mosaic, shall be distributed in accordance with the waterfall under the Plan. The Debtor has entered into a postpetition settlement term sheet with David and Beth Quy providing a framework for consensual treatment of the Quy claim through an amended Plan and a separate Rule 9019 compromise motion. The contemplated amended treatment would include dismissal of PLN's pending appeal of the Quy specific-performance judgment, authorization to release the supersedeas bond to the Quys, a Class 3 payment of $1,100,000.00 on the Effective Date, credit for the supersedeas bond proceeds if timely sought and released as provided in the amended Plan and compromise order, release of the Quy earnest money, and an automatic conversion remedy if the Class 3 payment is not timely made, all subject to the precise terms of the amended Plan, the Rule 9019 order if entered, and any Confirmation Order. The Debtor expects the amended Plan and the Confirmation Order, together with any order approving the related compromise, to authorize the transfer or release of the Final Judgment and related rights to the Debtor or its designee, and to provide that such transfer or release of the Final Judgment and related rights, the state-court rulings and judgments thereby implemented or given effect, and related implementing acts are integral components of the Court-approved treatment of the Quy Class 3 claim and not subject to challenge, collateral attack, avoidance, unwinding, or disturbance by the Reorganized Debtor, any Plan Fiduciary, a Trustee, or any successor estate representative. Class 4 consists of General Unsecured Claims (nonpriority). General Unsecured Claims. Each Holder of an Allowed Class 4 Claim shall receive, in full satisfaction of such Claim, its Pro Rata share of Class 4 Distributions funded from: (i) the $150,000 Investor Contribution; (ii) cash deposited into the Plan Fund during the Plan Term of twenty-four (24) months, consisting of a minimum deposit of $1,000 per month by the Reorganized Debtor; and (iii) net proceeds of estate asset monetization and estate litigation recoveries. A Disputed Claims Reserve will be maintained for unresolved Class 4 Claims. No post petition interest shall accrue or be paid on Class 4 Claims unless the Estate is determined to be solvent by Final Order. To the extent the Plan Fiduciary identifies and the Court authorizes pursuit of additional recoveries, any net estate recoveries therefrom shall be administered in accordance with the amended Plan and the Plan Fiduciary Agreement. Class 4 Distributions shall be made quarterly, beginning with the first quarter after the Effective Date. For the avoidance of doubt, investor-beneficial proceeds are not included in Class 4 merely because they are held in the Debtor's Trust Account, but any portion thereof authorized by the Confirmation Order to be contributed to the Plan Fund shall be treated as part of the $150,000 Investor Contribution. Class 4 is impaired. The Debtor contends and the Quys, Matsons, House Mosaic and the Receiver dispute that the Plan is feasible because (i) the $150,000 investor contribution is committed and may be funded no later than thirty days after the Effective Date, including through the contribution of investor-beneficial proceeds held in the Debtor's Trust Account to the extent authorized by the Confirmation Order, (ii) ongoing operations are expected to generate Net Disposable Income sufficient to pay administrative and priority obligations when due and to make quarterly distributions to unsecured creditors, and (iii) the Plan uses a simple Plan Fund/waterfall with built-in reserves (including a Disputed Claims Reserve and the HM Deficiency Reserve) so litigation can run its course without stalling distributions, together with a limited-scope Plan Fiduciary under a separate Plan Fiduciary Agreement. The Plan also contemplates revised treatment of the Quy Class 3 claim pursuant to a Rule 9019 compromise and amended plan provisions. The Quys, Matsons, House Mosaic and the Receiver contend that the New Value to be remitted as a condition to retention of equity, in the event that less than 100% of the unsecured claims are paid, is an amount equal to the fair market value of the assets titled in the name of the Debtor. Nevertheless, outcomes are uncertain and there is no guarantee of results: material risks include adverse rulings in the House Mosaic lien adversary or on appeal in the Quy matter; failure to obtain approval of the contemplated Rule 9019 compromise with the Quys; timing or pricing risk on any Tower conveyance; lower-than projected NDI; higher administrative or tax costs (including §511 interest on secured ad valorem taxes); and a larger-than-expected unsecured claim pool after reconciliation. A full-text copy of the Second Amended Disclosure Statement dated March 26, 2026 is available at https://urlcurt.com/u?l=7sqebv from PacerMonitor.com at no charge. Counsel to the Debtor: Ron Satija, Esq. Hayward PLLC 7600 Burnet Road, Suite 530 Austin, TX 78757 Tel: (737) 881-7102 E-mail: rsatija@haywardfirm.com About Private Lender Network Private Lender Network, LLC operates in the credit intermediation sector, providing financing solutions for fix-and-flip, new construction, and multifamily projects, along with bridge loan services. Headquartered in Austin, Texas, the company primarily functions as a wholesale lender, partnering with brokers and leveraging investor capital to fund loans. Private Lender Network sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 25-10742) on May 20, 2025. In its petition, the Debtor reported up to $50,000 in assets and between $1 million and $10 million in liabilities. The Debtor is represented by Ron Satija, Esq., at Hayward, PLLC. PROPERTIES AND INVESTMENTS: Seeks Ch. 7 Bankruptcy in California ---------------------------------------------------------------- On April 3, 2026, Properties And Investments LLC 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 $1 million and $10 million in debt owed to between 1 and 49 creditors. About Properties And Investments LLC Properties And Investments LLC is a business entity engaged in real estate holdings and investment-related activities, including property management and asset investments. Properties And Investments LLC sought relief under Chapter 7 of the U.S. Bankruptcy Code (Bankr. Case No. 26-12572) on April 3, 2026. In its petition, the Debtor reports estimated assets of $100,001 to $1,000,000 and estimated liabilities of $1 million to $10 million. Honorable Bankruptcy Judge Scott H. Yun handles the case. The Debtor is represented by counsel not yet disclosed. PUTNAM PULMONARY: Jerrett McConnell Named Subchapter V Trustee -------------------------------------------------------------- The Acting U.S. Trustee for Region 21 appointed Jerrett McConnell, Esq., at McConnell Law Group, P.A. as Subchapter V trustee for Putnam Pulmonary & Primary Care, P.A. Mr. McConnell 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. McConnell declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Jerrett M. McConnell, Esq. McConnell Law Group, P.A. 6100 Greenland Rd., Unit 603 Jacksonville, FL 32258 Phone: (904) 570-9180 info@mcconnelllawgroup.com About Putnam Pulmonary & Primary Care P.A. Putnam Pulmonary & Primary Care, P.A. is a medical practice based in Palatka, Florida, providing pulmonary and primary care services to patients in the surrounding region. The practice diagnoses and treats respiratory conditions, including asthma and chronic obstructive pulmonary disease (COPD), while also offering general primary care services. Operating from its Zeagler Drive location, it serves patients across Putnam County through physician-led care focused on respiratory health and general medicine. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-01181) on March 20, 2026, with $0 to $50,000 in assets and $1 million to $10 million in liabilities. Dr. Richard Feibelman, managing, member, signed the petition. Daniel A. Velasquez, Esq. at LATHAM LUNA EDEN & BEAUDINE LLP represents the Debtor as legal counsel. RAMANUJAN GROUP LLC: Luxury Mall Owner Seeks Chapter 11 Bankruptcy ------------------------------------------------------------------ Susana Guerrero of SFGate reports that a Blackhawk Plaza tenant says he found out about the mall owner's bankruptcy filing through a Facebook post, underscoring what he described as a lack of communication from management. Jung Dong Choi, who runs Blue Sakana, said the unexpected Chapter 11 filing has heightened concerns among tenants. According to Choi, the landlord has failed to keep tenants informed about the mall’s financial difficulties, contributing to frustration over the property’s declining condition. He said the situation reflects broader issues with management responsiveness and accountability. Ramanujan Group LLC, which owns the Danville shopping center, filed for bankruptcy on March 18, 2026, with debts estimated between $10 million and $50 million. The filing lists significant obligations to vendors and service providers, though the company has not publicly commented on the case, the report states. The bankruptcy adds to ongoing challenges at Blackhawk Plaza, including foreclosure risks and allegations of neglected maintenance. With vacancies rising and tenant confidence weakening, business owners remain uncertain about the mall's future and the outcome of pending disputes, the report relays. About Ramanujan Group LLC Ramanujan Group LLC is a Newport Beach, California-based real estate investment firm that owns Blackhawk Plaza, an open-air shopping center in Danville, California. Ramanujan Group LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 26-10832) on March 18, 2026. In its petition, the Debtor reports estimated assets between $50 million and $100 million and estimated liabilities between $10 million and $50 million. Honorable Bankruptcy Judge Scott C. Clarkson handles the case. The Debtor is represented by Kyra E. Andrassy, Esq. of RAINES FELDMAN LITTRELL LLP. RAPID RAPID: Hires Arrington Accounting Services as Accountant -------------------------------------------------------------- Rapid Rapid Test Laboratories LLC seeks approval from the U.S. Bankruptcy Court for the District of Arizona to hire Arrington Accounting Services as accountant. The firm's services include: a. Monthly Bookkeeping and Accounting: Comprehensive monthly management of the Debtor's financial records. b. Bankruptcy Reporting and Support: Specific assistance with the financial reporting requirements and support necessitated by the Chapter 11 filing. c. Financial Documentation: Compiling financial reporting based on data submitted by the Debtor. d. Management Communication: Informing management of any material errors or evidence of misconduct/noncompliance that comes to the Accountant's attention during compilation procedures. The firm will be paid at these rates: a. Monthly Accounting Rate: $1,500. b. Monthly Bankruptcy Support Rate: $2,500. c. Special Pricing Period: These above rates are "special pricing" applicable for the first three months of the engagement. d. Reevaluation: The parties will reevaluate pricing after three months once operations have become more stable. e. Billing and Interest: Billing scheduled to begin on March 15, 2026. Any bills remaining unpaid for 30-days will incur interest at a rate of 1.5% per month (18% per annum). f. Retainer/Deposit: Accountant is not requiring a deposit payment. As disclosed in the court filings, Arrington Accounting Services is a "disinterested person" and does not hold an interest adverse to the bankruptcy estate. The firm can be reached through: Julia Arrington Arrington Accounting Services, LLC 9220 W Union Hills Dr #102 Peoria, AZ 85382 Phone: (623) 217-2948 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. REMARKABLE HEALTHCARE: Gutnicki's Fee Application Granted in Part ----------------------------------------------------------------- The Hon. Brenda T. Rhoades of the U.S. Bankruptcy Court for the Eastern District of Texas granted in part and denied in part Gutnicki LLP's Second and Final Fee Application in connection with its representation of Remarkable Healthcare, LLC and Remarkable Healthcare of Seguin, LP in the jointly administered Subchapter V Chapter 11 cases. Gutnicki LLP seeks approval of $586,798.02 in fees and $22,621.62 in expenses. KRS Seguin, LLC objected, arguing that the requested fees are excessive considering the size of these cases, the absence of any meaningful results, and the advancement of untenable legal theories. The Court sustains KRS's objections in part. The attorney's fees are reduced to a final allowed amount of $185,325 plus $22,621.62 in expenses, for a total allowed administrative claim of $207,946.62. The Court notes at the outset, however, that this determination is largely academic. There is substantially no money in these estates, and no distribution on account of these fees is likely to occur. A copy of the Court's Memorandum Opinion and Order dated March 30, 2026, is available at https://urlcurt.com/u?l=1AXnbo from PacerMonitor.com. About Remarkable Healthcare Remarkable Healthcare, LLC and Remarkable Healthcare of Seguin, LP are healthcare providers operating in Seguin, Texas. The Debtors sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Texas Lead Case No. 24-40611). At the time of the filing, the Debtors reported $1 million to $10 million in both assets and liabilities. Judge Brenda T. Rhoades oversees the cases. The Debtors are represented by Elizabeth Nicolle Boydston, Esq., at Gutnicki, LLP. RENPRO LLC: Hires Orville & McDonald Law as Bankruptcy Counsel -------------------------------------------------------------- Renpro, LLC, seeks approval from the U.S. Bankruptcy Court for the Northern District of New York to hire Orville & McDonald Law, P.C. as counsel. The firm will provide these services: (a) give the Debtor and Debtor-in-Possession legal advice with respect to their powers and duties in the continued operation of its business and in the management of their property; (b) take necessary action to avoid liens against Debtor's property, remove restraints against Debtor's property and such other actions to remove any encumbrances or liens which are avoidable, which were placed against the property of the Debtor prior to the filing of the Petition and at a time when the Debtor as insolvent; (c) take necessary action to enjoin and stay until final decree herein any attempts by secured creditors to enforce liens upon property of the Debtor's in which property Debtor has substantial equity; (d) represent the Debtor, as Debtor-in-Possession, in any proceedings which may be instituted in this Court by creditors or other parties during the course of this proceeding; (e) prepare on behalf of the Debtor, as Debtor-in-Possession, necessary petitions, answers, orders, reports and other legal papers; and (f) perform all other legal services for the Debtor as Debtor-in-Possession or to employ attorneys for such services. The firm will be paid at these hourly rates: Peter Orville, Attorney $450 Zachary McDonald, Attorney $300 Non-Lawyer Staff $125 In addition, the firm will seek reimbursement for expenses incurred. The firm requested a retainer in the amount of $18,262 from the Debtor. Orville & McDonald Law, P.C. 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: Peter A. Orville, Esq. ORVILLE & McDONALD LAW, P.C. 30 Riverside Drive Binghamton, NY 13905 Telephone: (607) 770-1007 About Renpro LLC Renpro, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. N.D.N.Y. Case NO.26-30189-5-wak) on March 20, 2026. In the petition signed by Ronald Starusnak, sole member, the Debtor disclosed up to $50 million in both assets and liabilities. Judge Wendy A. Kinsella oversees the case. Peter A. Orville, Esq., at Orville & McDonald Law, P.C., represents the Debtor as legal counsel. RIZO-LOPEZ FOODS: Valley Milk Acquires Assets Out of Bankruptcy --------------------------------------------------------------- Valley Milk, LLC, a premier California dairy ingredient producer founded by multi-generational Central Valley dairy families, nutritionists, and veterinarians, announced on April 7, 2026, the formation of Francisco Foods, LLC, a newly established entity that has acquired substantially all assets of Rizo-Lopez Foods, Inc. out of bankruptcy proceedings in the U.S. Bankruptcy Court for the Eastern District of California. Francisco Foods, LLC is a joint venture majority-owned by Valley Milk, LLC, with the Rizo family retaining a meaningful ownership stake through Rilosa, LLC, an entity controlled by Edwin and Ivan Rizo, founders of Rizo-Lopez Foods. While Rizo-Lopez Foods, Inc. will cease to exist, its spirit, workforce, and loyal customer base live on. With the support of Valley Milk, the business has evolved into Francisco Foods, LLC, emerging stronger and with a renewed commitment to excellence. The Tío Francisco brand, synonymous with over 35 years of award-winning Hispanic-style dairy products distributed nationwide, will continue and build upon that proud tradition. Quality is in the name -- Francisco. "This partnership is a natural extension of Valley Milk's commitment to the Central Valley community and the dairy industry," said Damien Caton, CEO of Valley Milk, LLC. "We are proud to work alongside the Rizo family to bring quality Hispanic-style dairy products back to consumers who have long valued this brand, and we are fully committed to building something stronger and more resilient for the long run." "Valley Milk was built on a shared vision of excellence and community stewardship, and this investment reflects that same spirit," said Mike de Jager, Chairman of the Valley Milk Board. "Francisco Foods represents an exciting new chapter, and we look forward to the positive impact it will have across the region for years to come." "The Tío Francisco brand was built on family, craft, and a deep connection to the Hispanic community, and that will never change," said Edwin Rizo, Co-Founder of Rizo-Lopez Foods. "Partnering with Valley Milk gives us the foundation to come back stronger, and I am confident that our customers and partners will see and feel that difference from day one." Francisco Foods, under the Tío Francisco brand, will continue producing and serving its excellent line of Hispanic-style cheeses and cream products. We are back, stronger than ever, and ready to continue serving you with excellence. About Valley Milk, LLC Valley Milk LLC is a world-class dairy ingredient processor located in Turlock, California, founded by multi-generational Central Valley dairy farm families, nutritionists, and veterinarians. The company processes over 2.5 million pounds of raw milk per day into premium dairy ingredients for global markets, with an emphasis on quality, food safety, and sustainability. Learn more at valleymilkca.com. About Francisco Foods, LLC Francisco Foods, LLC is a Delaware limited liability company formed to acquire and operate dairy production assets formerly held by Rizo-Lopez Foods, Inc., headquartered in Modesto, California. About Rizo-Lopez Foods Inc. Rizo-Lopez Foods, Inc. produces Mexican-style dairy products including cheeses, sour creams, and desserts under the Tio Francisco and Don Francisco brands. Rizo-Lopez Foods filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. E.D. Ca. Case No. 25-25004) on September 15, 2025. At the time of filing, the Debtor estimated $10 million to $50 million in assets and $50 million to $100 million in liabilities. The petition was signed by Edwin Rizo as chief executive officer. Judge Christopher M Klein presides over the case. Hagop T. Bedoyan, Esq., at McCormick, Barstow, Sheppard, Wayte & Carruth, LLP represents the Debtor as legal counsel. S & H SYSTEMS: Committee Taps Troutt Law Firm as Local Counsel -------------------------------------------------------------- The official committee of unsecured creditors of S & H Systems, Inc. seeks approval from the U.S. Bankruptcy Court for the Eastern District of Arkansas to employ Troutt Law Firm as its local counsel. The firm's services include: a. advising the committee on all legal issues as they arise; b. representing and advising the Committee regarding the terms of any sales of assets or plans of reorganization or liquidation, and assisting the Committee in negotiations with the Debtor and other parties; c. investigating the Debtor's assets and pre-bankruptcy conduct of the Debtor's officers, directors and holders of equity interests; d. analyzing the liens, claims and security interests of any of the Debtor's secured creditors, and where appropriate, raising challenges on behalf of the Committee; e. preparing all necessary pleadings, reports, and other papers; f. representing and advising the Committee in all proceedings in this case; g. assisting and advising the committee in its administration; and h. providing such other services. The firm will be paid at these rates: R. Scott Troutt, Partner $325 per hour Mr. Troutt assured the court that his firm is a "disinterested person" as that term is defined in section 101(14) of the Bankruptcy Code. The firm can be reached through: R. Scott Troutt Troutt Law Firm 247 S. Main St. Jonesboro, AR 72401 Telephone: (870) 933-7100 Facsimile: (870) 933-7112 About S & H Systems S & H Systems, Inc. designs, installs, and maintains material handling and automation systems for distribution centers, warehouses, and manufacturing and fulfillment facilities, providing services that include operational analysis, systems design engineering and estimating, and controls and software integration. The Company delivers conveyor systems, goods-to-person solutions, automated storage and retrieval systems, autonomous mobile robotics, robotic and pick/put wall solutions, and warehouse control systems, supporting both new and retrofit operations across the United States. S & H Systems is headquartered in Jonesboro, Arkansas, and employs approximately 180 people. S & H Systems sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Ark. Case No. 26-10365) on February 2, 2026. In the petition signed by Mark Donovan, chief financial officer, the Debtor disclosed $41,717,420 in total assets and $62,495,282 in total liabilities. Judge Phyllis M. Jones oversees the case. The Debtor is represented by Kevin P. Keech, Esq., at Keech Law Firm, PA. SALEM POINTE: Trustee Hires CBRE as Real Estate Professional ------------------------------------------------------------ Gary M. Murphey the Trustee of Salem Pointe Capital, LLC seeks approval from the U.S. Bankruptcy Court for the Eastern District of Tennessee to employ CBRE, Inc. as real estate professional. The firm will market and sell the Debtor's real property located at Rarity Bay development, 403 Rarity Bay Pkwy, Vonore, TN 37885. The firm will be paid as follows: (a) if the Stalking Horse Bidder is the Successful Bidder (as defined in the Sale Motion), the fee is $200,000; (b) if any other bidder is the Successful Bidder, the fee is 5% of the purchase price. (c) if for any reason the Transaction does not close, CBRE is entitled to its out-of-pocket marketing expenses, not to exceed $200,000. Mr. Woolson 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: Jeff Woolson CBRE, Inc. 5790 Fleet Street Suite 130 Carlsbad, CA 92008 Tel: (760) 438-8500 About Salem Pointe Capital, LLC Salem Pointe Capital, LLC is a financial services company that typically focuses on investment and capital management. Its operations include providing financing solutions, investment opportunities, and asset management to various sectors. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Tenn. Case No. 24-31702) on Sept. 29, 2024, with $10 million to $50 million in both assets and liabilities. Judge Suzanne H. Bauknight oversees the case. The Debtor is represented by James R. Moore, Esq. at Moore & Brooks. SANTA PAULA: Hires Eric Forster Realty as Interest Rate Expert -------------------------------------------------------------- Santa Paula Hay & Grain and Ranches seeks approval from the U.S. Bankruptcy Court for the Central District of California to employ Eric Forster Realty Advisors, LLC as interest rate and debt terms expert. The firm will provide these services: (a) advise and consult regarding the market terms and interest rates for secured debt; (b) advise and consult regarding the treatment of secured debt; (c) give opinions and testimony regarding secured debt, the treatment of secured debt, and market terms and conditions for secured debt; (d) advise counsel regarding the testimony of other witnesses regarding secured debt, the treatment of secured debt, and market terms and conditions for secured debt; (e) give opinions regarding market rates, terms, conditions, and treatment of secured claims, in the context of the Debtor and Debtor-in-Possession's Plan of Reorganization herein; (f) give opinions regarding the feasibility of the Plan of Reorganization herein; and (g) give such other, further, and related opinions to counsel as may be appropriate. The firm will be paid at these rates: Eric Forster $500 per hour Travel Time $200 per hour Administrative Work $55 per hour Court appearance $650 per hour The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Mr. Forster disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Eric Forster, Esq. Eric Forster Realty Advisors, LLC 2293 Shorewood Hills Ave. Henderson, NV 89052 Tel: (424) 284-1800 About Santa Paula Hay & Grain and Ranches Santa Paula Hay & Grain and Ranches specializes in providing a variety of hay and grain products to meet the needs of farmers and animal owners. The Company offers high-quality feed options for livestock and pets. Santa Paula Hay & Grain and Ranches sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 25-10314) on March 12, 2025. In its petition, the Debtor reports estimated assets between $100 million and $500 million and between $10 million and $50 million. Honorable Bankruptcy Judge Ronald A. Clifford III handles the case. The Debtor is represented by Reed Olmstead, Esq. SATO TECHNOLOGIES: CCU Secures Forbearance on Loan Obligations -------------------------------------------------------------- SATO Technologies Corp. announced that Canada Computational Unlimited Inc., the Company's wholly-owned operating subsidiary, has entered into a subsequent forbearance agreement with Sygnum Bank AG. The Forbearance Agreement provides CCU with a temporary and conditional grace period during which Sygnum has agreed to forbear from enforcing certain payment obligations under CCU's existing secured loan agreement, subject to customary conditions and ongoing covenants. The forbearance period is intended to provide CCU with enhanced financial flexibility as it progresses with its operational initiatives and broader business strategy. During the forbearance period, CCU will continue to operate its business in the ordinary course, comply with agreed-upon reporting and operational requirements, and work toward reducing its outstanding indebtedness. The Forbearance Agreement does not constitute a waiver of Sygnum's rights under the underlying loan documentation, and Sygnum retains all rights and remedies thereunder following the expiry or termination of the forbearance period, in accordance with its terms. The Forbearance Agreement and the transactions contemplated thereby remain subject to acceptance by the TSX Venture Exchange, to the extent required. About SATO SATO, founded in 2017, is a publicly listed digital infrastructure company transitioning from cryptocurrency mining to AI compute. The Company currently operates a 20 MW data center in Québec powered by 100% renewable hydroelectricity, with plans to develop AI factory capacity across multiple sites. The Company is listed on TSXV: SATO & OTCQB: CCPUF. To learn more about SATO, visit www.bysato.com. SCRIPPS TWO: Hires Palmer Capital Inc. as Real Estate Broker ------------------------------------------------------------ Scripps Two, LLC seeks approval from the U.S. Bankruptcy Court for the Eastern District of California to employ Palmer Capital Inc. as real estate broker. The firm will provide real estate brokerage services, including advising Debtor in Possession regarding the marketing, listing, and sale of the Property known as Campus Commons, 2 Scripps Drive, Sacramento CA. The firm will be paid at a sale commission equal to two and half percent (2.5%) of the purchase price of the Property, including an additional ten-thousand ($10,000) as a marketing expense fee in the event a successful sale is closed. Bill Palmer, a partner at Palmer Capital Inc., disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Bill Palmer Palmer Capital Inc. 1478 Stone Point Dr #250 Roseville, CA 95661 Tel: (916) 462-6300 About Scripps Two, LLC Scripps Two, LLC, is a real estate holding company and holds Campus Commons Medical Dental Building located at 2 Scripps Drive, Sacramento CA 95825 (the "Property"). The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Cal. Case No. 25-26371) on November 12, 2025. In the petition signed by Jeffrey Berger, managing member, the Debtor disclosed up to $50 million in both assets and liabilities. Gabriel E. Liberman, Esq., at Law Offices of Gabriel Liberman, APC, represents the Debtor as legal counsel. SHADY TREE: Case Summary & Three Unsecured Creditors ---------------------------------------------------- Debtor: Shady Tree LLC 44674 State Hwy, 299 East McArthur, CA 96056 Business Description: Shady Tree LLC is a McArthur, California-based company that provides tree care and logging support, including pruning, trimming, and timber hauling, operating primarily within the state. The company, which maintains a small fleet for log transportation, serves agricultural and forestry customers in the surrounding region. Chapter 11 Petition Date: April 3, 2026 Court: United States Bankruptcy Court Eastern District of California Case No.: 26-21904 Debtor's Counsel: Michael Jay Berger, Esq. LAW OFFICES OF MICHAEL JAY BERGER 9454 Wilshire Boulevard, 6th Floor Beverly Hills, CA 90212 Tel: (310) 271-6223 Fax: (310) 271-9805 E-mail: michael.berger@bankruptcypower.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Thomas Markham as managing member. A full-text copy of the petition, which includes a list of the Debtor's three unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/QADGYWI/Shady_Tree_LLC__caebke-26-21904__0001.0.pdf?mcid=tGE4TAMA SHIELDS NURSING: No Resident Complaints, Ombudsman Report Says -------------------------------------------------------------- Fay Gordon, the State Long-Term Care Ombudsman (LTCO), filed with the U.S. Bankruptcy Court for the Northern District of California her report regarding the quality of patient care provided at Shields Nursing Centers, Inc.'s skilled nursing facilities. The LTCO visited Shields Richmond Nursing Center on Jan. 28, Feb. 4, and March 4, meeting with over a dozen residents and family members to follow up on prior concerns about food quality and slow call-light response. During these visits representatives observed overall resident satisfaction with quality of care, food, and services, with no widespread concerns identified. Interviews with multiple residents indicated that responses to requests for assistance were generally timely, and LTCO representatives observed call lights being answered within a reasonable timeframe during all three visits. No food-related complaints were reported. The LTCO visited Shields Nursing Center, El Cerrito on Jan. 23, Feb. 10, and March 10, meeting with residents, observing facility conditions, and addressing Advanced Healthcare Directive requests. Residents consistently reported satisfaction with care, staffing appeared adequate, and previously noted concerns (e.g., fruit flies) were resolved. No complaints or significant concerns were identified during the reporting period. A copy of the ombudsman report is available for free at https://urlcurt.com/u?l=q1j8TG from PacerMonitor.com. About Shields Nursing Centers Shields Nursing Centers, Inc. owns and operates a skilled nursing facility in Hercules, Calif., which offers rehabilitation programs including physical, occupational and speech therapy. Shields Nursing Centers filed its voluntary Chapter 11 petition (Bankr. N.D. Calif. Case No. 23-41201) on Sept. 20, 2023, with $1,726,970 in assets and $13,504,710 in liabilities. Judge Charles Novack oversees the case. The Law Offices of Michael Jay Berger serves as the Debtor's bankruptcy counsel. SIMPRE NUNCA: Hires Vilarino & Associates LLC as Counsel -------------------------------------------------------- Simpre Nunca LLC seeks approval from the U.S. Bankruptcy Court for the District of Puerto Rico to employ Vilarino & Associates, LLC as counsel. The firm will render these services: (a) advise the Debtor with respect to its duties, powers, and responsibilities in this case under the laws of the United States and Puerto Rico in which it conducts its operations, does business, or is involved in litigation; (b) advise the Debtor in connection with a determination whether reorganization is feasible and, if not, helping it in the orderly liquidation of its assets; (c) assist the Debtor with respect to negotiations with creditors for the purpose of proposing and confirming a viable plan of reorganization; (d) prepare, on behalf of the Debtor, the necessary legal paper or documents; (e) appear before the Bankruptcy Court, or any court in which the Debtor asserts a claim interest or defense directly or indirectly related to this bankruptcy case; (f) perform such other legal services for the Debtor as may be required in these proceedings or in connection with the operation of/and involvement with its business; and (g) employ other professional services, if necessary. The firm will be paid at these rates: Javier Vilarino, Senior Attorney $375 per hour Associates $250 per hour Paralegals $150 per hour In addition, the firm will seek reimbursement for expenses incurred. The firm received a $10,262 retainer from the Debtor. Mr. Vilarino disclosed in a court filing that his firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Javier Vilarino, Esq. Vilarino & Associates, LLC P.O. Box 9022515 San Juan, PR 00902 Telephone: (787)565-9894 About Simpre Nunca LLC Simpre Nunca LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.P.R. Case No. 26-01040) on March 11, 2026, with $500,001 to $1 million in assets and $100,001 to $500,000 in liabilities. Javier Villarino, Esq. at Vilarino & Associates LLC represents the Debtor as legal counsel. SKMGT PROPERTIES: Case Summary & Three Unsecured Creditors ---------------------------------------------------------- Debtor: SKMGT Properties, LLC 200 S MacDill Ave. Tampa, FL 33609 Chapter 11 Petition Date: April 2, 2026 Court: United States Bankruptcy Court Middle District of Florida Case No.: 26-02714 Judge: Hon. Luis Ernesto Rivera II Debtor's Counsel: Justin M. Luna, Esq. LATHAM LUNA EDEN & BEAUDINE LLP 201 S. Orange Avenue Suite 1400 Orlando, FL 32801 Tel: (401) 481-5800 Fax: (407) 481-5801 Email: jluna@lathamluna.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Dr. Wanda Cruz as managing member. A full-text copy of the petition, which includes a list of the Debtor's three unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/N4ZJHBI/SKMGT_Properties_LLC__flmbke-26-02714__0001.0.pdf?mcid=tGE4TAMA SKMGT PROPERTIES: Initiates Chapter 11 Bankruptcy in Florida ------------------------------------------------------------ On April 2, 2026, Skmgt Properties, LLC, filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Middle District of Florida. According to court filings, the debtor reports between $1MM and $10MM in debt owed to between 1 and 49 creditors. About Skmgt Properties, LLC Skmgt Properties, LLC is a real estate company engaged in property ownership and management activities. Skmgt Properties, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-02714) on April 2, 2026. In its petition, the debtor reports estimated assets between $1MM and $10MM and estimated liabilities between $1MM and $10MM. Honorable Bankruptcy Judge Luis Ernesto Rivera II handles the case. The debtor is represented by Justin M. Luna, Esq. of Latham, Luna, Eden & Beaudine, LLP. SKYTOP RANCH: Seeks to Hire Sutton Law Firm as Bankruptcy Counsel ----------------------------------------------------------------- Skytop Ranch, LLC seeks approval from the U.S. Bankruptcy Court for the Middle District of Florida to hire Sutton Law Firm as its counsel. The firm's services include: (a) analyzing the financial situation, and rendering advice and assistance to the Debtor in determining whether to remain under Title 11, United States Code; (b) advising the Debtor with regard to the powers and duties of the Debtor as Debtor-in-Possession and management of the property of the estate; (c) preparing, on behalf of the Debtor, any necessary applications, answers, orders, reports, complaints, plans, disclosure statements, and other legal papers, and appearing at hearings thereon; (d) performing all other legal services for the Debtor as Debtor-in-Possession which may be necessary in connection with this case. The firm will be paid at these rates: Attorneys $375 to $425 per hour Paralegals $75 to $160 per hour The Debtor paid an advance fee of $20,000 and a cost deposit of $2,000 for fees and expenses to be incurred in connection with the preparation for and representation of the Debtor. As disclosed in the court filings, Sutton Law Firm is a "disinterested person" as defined in 11 U.S.C. Sec. 101(14). The firm can be reached through: Matthew J. Kovschak, Esq. Sutton Law Firm The Mann Manor 325 W. Main Street Bartow, FL 33830 Tel: (863) 533-8912 Email: matt@suttonlawfirm.net About Skytop Ranch LLC Skytop Ranch, LLC, formerly known as Skytop LLC, sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-01144) on February 13, 2026, with $500,001 to $1 million in both assets and liabilities. Judge Roberta A. Colton presides over the case. Matthew J. Kovschak, Esq., at Debra J. Sutton, P.A. represents the Debtor as legal counsel. SNOWSHOE MILLWORKS: Court Tosses Harshman Appeal in Adversary Case ------------------------------------------------------------------ Judge F. Dennis Saylor IV of the United States District Court for the District of Massachusetts dismissed the appeal styled SHEILA COFFIN HARSHMAN, Appellant, v. STEVEN WEISS, Chapter 7 Trustee, Appellee, Case No. 25-cv-12586-FDS (D. Mass.). Steven Weiss, as Chapter 7 Trustee for Snowshoe Millworks, LLC, moved to dismiss the Harshman appeal pursuant to Fed. R. Bankr. P. 8004(a), on the ground that it is an unauthorized appeal of an interlocutory order. Harshman is Snowshoe's only member and manager. On July 2, 2025, the trustee filed an adversary proceeding in the bankruptcy court against Harshman, seeking damages against her as a vexatious litigant. On Sept. 2, 2025, the Bankruptcy Court issued a preliminary injunction against Harshman. The District Court concluded that the preliminary injunction is an interlocutory order. Harshman did not file a motion for leave to appeal that order pursuant to Fed. R. Bankr. P. 8004(a). Nonetheless, she filed a notice of appeal of the preliminary injunction and an election to have the appeal heard by the District Court. Harshman has thus attempted to appeal an interlocutory order without leave of court, in violation of 28 U.S.C. Sec. 158(a) and Fed. R. Bankr. P. 8004(a). As a result, the District Court lacks jurisdiction to hear the appeal. A copy of the Court's Memorandum and Order dated March 26, 2026, is available at http://urlcurt.com/u?l=wvXaH9from PacerMonitor.com. About Snowshoe Millowrks, LLC Snowshoe Milworks, LLC, is a Massachusetts limited liability company formed in 2018. The Debtor filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D. Mass. Case No. 23-10887) on June 5, 2023, listing $1 million to $10 million in both assets and liabilities. Sheila Coffin Harshman, the sole manager and member, signed the petition. Judge Janet E. Bostwick oversees the case. The Debtor tapped Adam Ruttenberg, Esq., at Beacon Law Group, LLC, as bankruptcy counsel and Cheryl L. Dukeman, Esq., at Coast to Coast Closings as special counsel. The case was converted to Chapter 7 on Jan. 30, 2024. Steven Weiss is the Chapter 7 trustee. SOLON CORP: Seeks to Hire Michael W. Carmel Ltd. as Counsel ----------------------------------------------------------- Solon Corporation seeks approval from the U.S. Bankruptcy Court for the District of Arizona to employ Michael W. Carmel, Ltd. as bankruptcy counsel. The firm will provide these services: (a) give the Debtor-in-Possession legal advice with respect to its powers and duties in these proceedings; (b) prepare on behalf of the Debtor-in-Possession the necessary applications, answers, orders, reports and other legal papers; and (c) perform all other legal services for the Debtor-in-Possession which may be necessary herein, and is necessary for the Debtors-in-Possession to employ an attorney for such professional services. The firm will be paid at the rate of $800 per hour. The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Michael W. Carmel, Esq., a partner at Michael W. Carmel, Ltd., 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 W. Carmel, Esq. Michael W. Carmel, Ltd. 80 East Columbus Avenue Phoenix, AZ 85012-2334 Tel: (602) 264-4965 Fax: (602) 277-0144 Email: Michael@mcarmellaw.com About Solon Corporation 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. Solon Corporation in Tucson AZ, sought relief under Chapter 11 of the Bankruptcy Code filed its voluntary petition for Chapter 11 protection (Bankr. D. Ariz. Case No. 26-02842) on March 25, 2026, listing as much as $1 million to $10 million in both assets and liabilities. Brian Seibel as president, signed the petition. Judge Scott H. Gan oversees the case. MICHAEL W. CARMEL, LTD. serve as the Debtor's legal counsel. SOUTHERN TREE: Plan Exclusivity Period Extended to August 4 ----------------------------------------------------------- Judge James R. Sacca of the U.S. Bankruptcy Court for the Northern District of Georgia extended Southern Tree Professionals LLC's exclusive periods to file a plan of reorganization and obtain acceptance thereof to August 4 and October 3, 2026, respectively. As shared by Troubled Company Reporter, the Debtor claims that it requires the additional time to have its assets valued so it can make determinations regarding those assets. To prepare a budget that will support a plan, Debtor must consider its income in the upcoming warm weather months. The income generated during the warm weather months will be the best predicator of Debtor's future income to fund a plan of reorganization. The Debtor states that presenting a plan at this stage will not provide an accurate picture of its ability to fund payment to unsecured creditors and its secured creditors under a plan. Debtor believes filing a plan that will require amending will result in unnecessary concerns for its creditors. On the other hand, filing a plan that will not require substantive amendments will foster Debtor's reorganization effort. The Debtor asserts that its request for an extension will not unfairly prejudice or pressure Debtor's creditors or grant Debtor any unfair bargaining leverage. Debtor needs creditor support to confirm any plan, so Debtor is in no position to impose or pressure its creditors to accept unwelcome plan terms. The Debtor further asserts that termination of the current Exclusivity Periods may engender duplicative expense and litigation associated with multiple competing plans. Any litigation with respect to competing plans and resulting administrative expenses will only decrease recoveries to Debtor's creditors and significantly delay, if not undermine entirely, the possibility of prompt confirmation of a plan of reorganization. Southern Tree Professionals, LLC is represented by: Ceci Christy, Esq. Rountree, Leitman, Klein & Geer, LLC 2987 Clairmont Road, Suite 350 Atlanta, GA 30329 Telephone: (404) 584-1238 Email: cchristy@rlkglaw.com About Southern Tree Professionals Southern Tree Professionals LLC provides tree removal, pruning, emergency response, land clearing, hauling, arborist services, and green-waste management for residential, commercial, and municipal clients across the Atlanta metropolitan area. The Company operates throughout communities such as Marietta, Roswell, Sandy Springs, Alpharetta, Smyrna, Buckhead, Brookhaven and Decatur, and works on large-scale projects involving clearing, grubbing, and debris haul-off and site preparation for commercial contractors and government entities, including GDOT. It offers additional services such as lightning-protection systems, mulch supply and excavating and demolition work as part of its broader operations in the tree services and the land-management sector. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ga. Case No. 25-21754) on December 5, 2025. In the petition signed by Benjamin Townsend Ellis, owner, the Debtor disclosed up to $50,000 in assets and up to $50 million in liabilities. William Rountree, Esq. at Rountree, Leitman, Klein & Geer, LLC, represents the Debtor as legal counsel. SPIRIT AIRLINES: Selects Buyer, Seeks Chap. 11 Timeline Extension ----------------------------------------------------------------- Hilary Russ of Law360 Bankruptcy Authority reports that Spirit Airlines has called off a Chapter 11 auction after failing to attract competing bids and has designated CSDS Aircraft as the winning bidder for its assets with a $533.5 million offer. The move effectively finalizes the sale process without further competitive bidding. Court documents show that no additional qualified offers were submitted ahead of the auction, leaving the stalking horse bidder uncontested. As a result, CSDS Aircraft's initial bid has been accepted as the highest and best offer for the airline's assets. The proposed sale will now proceed to court approval, where a judge will review the terms of the transaction. Spirit said the deal is a key step in its restructuring plan as it continues navigating the Chapter 11 process, the report states. About Spirit Airlines Spirit Airlines, LLC (SAVE) is a low-fare carrier committed to delivering the best value in the sky by offering an enhanced travel experience with flexible, affordable options. Spirit serves destinations throughout the United States, Latin America and the Caribbean with its Fit Fleet, one of the youngest and most fuel-efficient fleets in the U.S. On the Web: http://wwww.spirit.com/ Spirit Airlines and its affiliates sought Chapter 11 protection (Bankr. S.D.N.Y. Case No. 24-11988) on Nov. 18, 2024, after reaching terms of a pre-arranged plan with bondholders. At the time of the filing, Spirit Airlines reported $1 billion to $10 billion in both assets and liabilities. Judge Sean H. Lane oversees the case. The Debtors tapped Davis Polk & Wardwell, LLP as legal counsel; Alvarez & Marsal North America, LLC, as financial advisor; and Perella Weinberg Partners LP as investment banker. Epiq Corporate Restructuring, LLC, is the claims agent. Paul Hastings, LLP and Ducera Partners, LLC serve as legal counsel for the Ad Hoc Group of Convertible Noteholders. Akin Gump Strauss Hauer & Feld, LLP and Evercore Group LLC represent the Ad Hoc Group of Senior Secured Noteholders. The official committee of unsecured creditors retained Willkie Farr & Gallagher LLP as counsel. Citigroup Global Markets, Inc., is serving as financial advisor and Latham & Watkins LLP is serving as legal counsel to Frontier. 2nd Attempt Spirit Airlines and its affiliates sought Chapter 11 protection (Bankr. S.D.N.Y. Case No. 25-11896) on August 29, 2025. In its petition, the Debtors reports estimated assets and liabilities between $1 billion and $10 billion each. Honorable Bankruptcy Judge Sean H. Lane handles the case. The Debtor is represented by Marshall Scott Huebner, Esq. and Darren S. Klein, Esq. at Davis Polk & Wardwell LLP. STERLING GARDEN: Seeks Chapter 7 Bankruptcy in New York ------------------------------------------------------- On April 1, 2026, Sterling Garden LLC filed for Chapter 7 protection in the Southern District of New York. According to court filing, the Debtor reports between $100,001 and $1,000,000 in debt owed to 1-49 creditors. About Sterling Garden LLC Sterling Garden LLC is a New York-based real estate holding company engaged in the ownership and management of residential and commercial properties. The company focuses on leasing, property maintenance, and tenant services. Sterling Garden LLC sought relief under Chapter 7 of the U.S. Bankruptcy Code (Bankr. Case No. 26-10729) on April 1, 2026. In its petition, the Debtor reports estimated assets of $1MM-$10MM and estimated liabilities of $100,001-$1,000,000. Honorable Bankruptcy Judge Christine M. Gravelle handles the case. The Debtor is represented by Anthony Sodono III, Esq. and Michele M. Dudas, Esq. of McManimon, Scotland & Baumann, LLC. STONEYBROOK SPIRITS: Cash Collateral Hearing Set for April 9 ------------------------------------------------------------ The U.S. Bankruptcy Court for the Middle District of Florida, Orlando Division, is set to hold a hearing on April 9 to consider extending Stoneybrook Spirits, LLC's authority to use cash collateral. The Debtor's authority to use cash collateral under the court's preliminary order expires on April 9. The preliminary order approved the payment of the Debtor's expenses from the cash collateral in accordance with its budget, which projects total operational expenses of $76,796 for the period from February to May. The preliminary order provided secured creditors, New Falls Corporation and First Colony Bank of Florida, with protection through replacement liens on post-petition assets, with the same validity and priority as their pre-petition liens. Stoneybrook Spirits owes $117,015 to New Falls and $360,000 to First Colony Bank of Florida secured by its property, according to court papers filed in February. As of the petition date, the Debtor had approximately $500 cash on hand, which may be subject to creditors' alleged liens and treated as cash collateral. About Stoneybrook Spirits LLC Stoneybrook Spirits, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-01060) on February 17, 2026, with $500,001 to $1 million in assets and $1 million to $10 million in liabilities. Andrew Layden is the Subchapter V trustee. Judge Grace E. Robson oversees the case. Jeffrey Ainsworth, Esq., at Bransonlaw PLLC represents the Debtor as legal counsel. SUNPOWER CORP: Cal. Agency Seeks to Remove Tax Dispute from Ch. 11 ------------------------------------------------------------------ Alex Wittenberg of Law360 Bankruptcy Authority reports that the California Department of Tax and Fee Administration has urged a Delaware bankruptcy judge to step aside from a tax audit dispute tied to SunPower's Chapter 11 proceedings, arguing that the issue should be handled by state authorities. The agency said the dispute centers on California tax obligations that are more appropriately reviewed outside of bankruptcy court. In its motion, the department stressed that state agencies are best equipped to interpret and enforce their own tax laws. It warned that federal court involvement could disrupt California’s administrative framework for audits and appeals. The agency is seeking abstention so the matter can proceed through its normal channels, separate from the bankruptcy case. SunPower’s restructuring efforts would continue in Delaware, while the tax dispute is resolved at the state level, the report states. About SunPower Corp. Headquartered in Richmond, California, SunPower (NASDAQ: SPWR) -- https://www.sunpower.com/ -- is a residential solar, storage, and energy services provider in North America. SunPower offers solar + storage solutions that give customers control over electricity consumption and resiliency during power outages while providing cost savings to homeowners. SunPower Corporation and nine of its affiliates sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del., Lead Case No. 24-11649) on August 5, 2024. In the petition signed by Matthew Henry as chief transformation officer, the Debtors disclosed total assets of $1,219,276,283 and total debts of $1,119,141,312 as of December 31, 2023. The Debtors have engaged Richards, Layton & Finger, P.A. and Kirkland & Ellis LP as bankruptcy counsel. Alvarez & Marsal NorthAmerica, LLC serves as financial advisor to the Debtors. Moelis & Company LLC acts as investment banker to the Debtors, and Epiq Systems Inc. acts as notice and claims agent. TAYLOR CHIP: Seeks Approval to Hire Pennoptic CPAs as Accountant ---------------------------------------------------------------- Taylor Chip, LLC seeks approval from the U.S. Bankruptcy Court for the Eastern District of Pennsylvania to hire Pennoptic CPAs and Strategic Partners, LLC as accountants. The firm will assist in the preparation of required monthly operating reports for the Debtor under the Chapter 11 requirements. The firm will charge $250 per hour for its services. As disclosed in the court filings, Pennoptic CPAs is a disinterested person within the meaning of 11 U.S.C. Sec. 101(14). The firm can be reached through: Timothy K. Sweigart, CPA, Pennoptic CPAs and Strategic Partners, LLC 117 North Sixth Street Denver, PA 17517 Tel: (717) 336-2891 Fax: (717) 335-8318 Email: pennoptic@pennoptic.com About Taylor Chip, LLC Taylor Chip, LLC, based in Lancaster, Pennsylvania, operates a bakery and dessert business specializing in cookies, cookie cakes, cookie dough, and related products, serving customers through its retail storefront and online sales. Founded in 2018, the company maintains multiple locations in Pennsylvania and offers nationwide shipping of its products. Its operations focus on food production and retail within the baked goods industry. Taylor Chip, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Pa. Case No.26-10550) on February 12, 2026. In its petition, the Debtor reports estimated assets between $100,000 and $500,000 and estimated liabilities between $1 million and $10 million. Honorable Bankruptcy Judge Patricia M. Mayer handles the case. The Debtor is represented by Albert A. Ciardi, III, Esq. of CIARDI CIARDI & ASTIN. TEAM 31 KASHMERE: Taps Stephen L. Burton as Bankruptcy Counsel -------------------------------------------------------------- Team 31 Kashmere LLC seeks approval from the U.S. Bankruptcy Court for Central District of California to hire the Law Offices of Stephen L. Burton as bankruptcy counsel. The firm's services include: a. giving legal advice to the Debtor with respect to its power and duties under the Bankruptcy Code; b. negotiating with creditors in working out a plan and taking necessary legal steps in order to confirm such plan; c. appearing before the bankruptcy court in order to negotiate a settlement with major creditors and making appearances where necessary as they apply to all creditors; d. preparing legal papers; and e. performing other necessary legal services. The firm will be paid at these rates: Stephen L. Burton $450 per hour Jenn Garcia $100 per hour The firm will be reimbursed for out-of-pocket expenses incurred. The retainer fee is $7,000. As disclosed in court filings, Stephen L. Burton is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Stephen L. Burton, Esq. Law Offices of Stephen L. Burton 16133 Ventura Boulevard 7th Floor Encino, CA 91436 Tel: (818) 501-5055 Fax: (818) 501-5849 About Team 31 Kashmere LLC Team 31 Kashmere LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. C.D. Cal. Case No. 26-10294) on February 12, 2026, listing up to $50,000 in assets and $500,001 to $1 million in liabilities. Stephen L. Burton, Esq. at Law Offices of Stephen L. Burton serves as the Debtor's counsel. THOMAS TRIO: Amy Denton Mayer Named Subchapter V Trustee -------------------------------------------------------- The Acting U.S. Trustee for Region 21 appointed Amy Denton Mayer of Stichter Riedel Blain & Postler, P.A. as Subchapter V trustee for The Thomas Trio LLC. Ms. Mayer will be paid an hourly fee of $400 for her services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Ms. Mayer declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Amy Denton Mayer Stichter Riedel Blain & Postler P.A. 110 East Madison Street, Suite 200 Tampa, FL 33602 Phone: (813)229-0144 Email: amayer@subvtrustee.com About The Thomas Trio LLC The Thomas Trio LLC, based in Zephyrhills, Florida, operates three franchise territories under the Mr. Electric brand: Mr. Electric of Land O' Lakes, Mr. Electric of Lakeland and Mr. Electric of Roswell - Alpharetta, providing electrical installation and repair services to residential and commercial customers. The company maintains franchise relationships with Neighborly and holds separate franchise obligations tied to territories including Land O Lakes, Lakeland, Riverview and Roswell. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-02189) on March 20, 2026, with $500,000 to $1 million in assets and $1 million to $10 million in liabilities. Melissa Thomas, president, signed the petition. Scott A. Stichter, Esq. at STICHTER, RIEDEL, BLAIN & POSTLER, P.A. represents the Debtor as legal counsel. TMC MAINTENANCE: Gets Final OK to Use Cash Collateral ----------------------------------------------------- TMC Maintenance Co., LLC received final approval form the U.S. Bankruptcy Court for the Northern District of Georgia, Atlanta Division, to use cash collateral. Under the final order, the Debtor may use cash collateral pursuant to an approved budget, with a 15% variance and may continue doing so through plan confirmation, dismissal, or conversion of the Debtor's Chapter 11 case. The order also permits monthly escrow payments of $1,000 for Subchapter V trustee fees, subject to future court approval. The six-month budget projects total operational expenses of 2,513,200. The debtor, which provides commercial HVAC maintenance and installation services, requires access to cash collateral to fund operations, including labor, supplies, and other business expenses. As adequate protection, secured creditors including Fox Funding Group, LLC and related lenders will be granted replacement liens on post-petition assets, maintaining their pre-petition priority. The order preserves all parties' rights to challenge claims or seek further relief, including stay relief or dismissal. At the same time, the order preserves all parties' rights to later challenge lien validity, priority, or claims. The final order is available at http://bankrupt.com/misc/TMC_FinalCCOrder.pdf About TMC Maintenance Co. LLC TMC Maintenance Co., LLC is a Georgia-based LLC, formed in 2008, providing commercial and industrial HVAC maintenance and installation services throughout Georgia and the Southeast. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ga. Case No. 26-20266) on February 24, 2026. In the petition signed by Jeffrey W. Guthrie, authorized representative, the Debtor disclosed up to $1 million in assets and up to $10 million in liabilities. Judge James R. Sacca oversees the case. Adam E. Ekbom, Esq., at Jones & Walden LLC, represents the Debtor as legal counsel. TOBIN'S TOWING: Case Summary & 19 Largest Unsecured Creditors ------------------------------------------------------------- Debtor: Tobin's Towing & Recovery, Inc. 7418 East State Road 244, Waldron, IN 46182 Business Description: Tobin's Towing & Recovery, Inc., based in Waldron, Indiana, provides towing, recovery, and transport services across the region, specializing in both standard and heavy-duty vehicle recovery. Since its founding, the company has maintained a modern fleet of tow trucks, wreckers, and trailers, enabling it to manage a broad range of recovery and transport tasks, from routine roadside assistance to large-scale vehicle and equipment relocations. Chapter 11 Petition Date: April 3, 2026 Court: United States Bankruptcy Court Southern District of Indiana Case No.: 26-02057 Judge: Hon. James M Carr Debtor's Counsel: Jacob Troxell, Esq. ALLEN WELLMAN HARVEY KEYES COOLEY LLP 5 Courthouse Plaza Greenfield, IN 46140 Tel: (317) 468-9800 E-mail: jst@awhkc.com Total Assets: $1,168,375 Total Liabilities: $2,447,238 The petition was signed by Shawn Tobin as owner. A full-text copy of the petition, which includes a list of the Debtor's 19 unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/L2FA55I/Tobins_Towing__Recovery_Inc__insbke-26-02057__0001.0.pdf?mcid=tGE4TAMA TRANSITIONAL HOUSING: Hires Starks Development Group as Realtor --------------------------------------------------------------- Transitional Housing & Work Program of Davidson Co seeks approval from the U.S. Bankruptcy Court for the Middle District of Tennessee to employ Starks Development Group as its realtor. The firm will market and sell the Debtor's properties located at 109 Cude Lane, Madison, TN 37115 and 421 Montague Way, Madison, TN 37115. The firm will receive a commission equal to 6% of the gross sales price. Starks Development Group is a disinterested person as that term is defined in 11 U.S.C. Sec. 101(14), according to court filing. The firm can be reached through: Starks Development Group 643 First Avenue, Suite 100 Pittsburgh, PA 15219 Tel: (412) 512-7144 Email: starkdevelopmentco@gmail.com About Transitional Housing & Work Program of Davidson Co Transitional Housing & Work Program of Davidson Co sought protection for relief under Chapter 11 of the Bankruptcy Code (Bankr. M.D. Tenn. Case No. 25-00743) on February 24, 2025, listing $1,000,001 to $10 million in assets and $500,001 to $1 million in liabilities. Keith D. Slocum, Esq., at Slocum Law represents the Debtor as bankruptcy counsel. TRI-CITY HOTELS: Hires Rountree Leitman Klein as Attorney --------------------------------------------------------- Tri-City Hotels, LLC seeks approval from the U.S. Bankruptcy Court for the Northern District of Georgia to employ Rountree, Leitman, Klein & Geer, LLC as its attorneys. The firm will render these services: (a) give the Debtor legal advice with respect to its powers and duties in the management of its property; (b) prepare on behalf of the Debtor necessary legal papers; (c) assist in examination of the claims of creditors; (d) assist with formulation and preparation of the disclosure statement and plan of reorganization and with the confirmation and consummation thereof; and (e) perform all other legal services for the Debtor that may be necessary. The firm will be paid at these proposed hourly rates: William A. Rountree $645 per hour Will B. Geer $645 per hour Michael Bargar $555 per hour Hal Leitman $475 per hour William Matthews $445 per hour David S. Klein $545 per hour Elizabeth Childers $445 per hour Ceci Christy $475 per hour Caitlyn Powers $425 per hour Shawn Eisenberg $445 per hour Jonathan Clements $445 per hour Dorothy Sideris $250 per hour Catherine Williams $200 per hour Ryler Jones $200 per hour Megan Winokur $200 per hour Legal Assistants $200 per hour Law Clerk $200 per hour In addition, the firm will seek reimbursement for expenses incurred. The firm received a pre-petition retainer of $40,000 from the Debtor. Mr. Rountree 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: William A. Rountree, Esq. Jonathan Clements, Esq. Rountree Leitman Klein & Geer, LLC Century I Plaza 2987 Clairmont Road, Suite 350 Atlanta, GA 30329 Tel: (404) 584-1238 Email: wrountree@rlkglaw.com jclements@rlkglaw.com About Tri-City Hotels, LLC Tri-City Hotels, LLC, filed a Chapter 11 bankruptcy petition (Bankr. N.D. Ga. Case No. 6-10407) on March 13, 2026. The Debtor hires Rountree, Leitman, Klein & Geer, LLC as counsel. TRI-STATE ENVIRONMENTAL: Yann Geron Named Subchapter V Trustee -------------------------------------------------------------- The U.S. Trustee for Region 2 appointed Yann Geron, Esq., at Geron Legal Advisors, LLC as Subchapter V trustee for Tri-State Environmental Restoration, Inc. Mr. Geron will be paid an hourly fee of $975 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Geron declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Yann Geron, Esq. Geron Legal Advisors, LLC 370 Lexington Avenue, Suite 1101 New York, NY 10017 Phone: (646) 560-3224 Email: ygeron@geronlegaladvisors.com About Tri-State Environmental Restoration Tri-State Environmental Restoration, Inc is a New York-based corporation engaged in environmental restoration services throughout the Tri-State area. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. N.Y. Case No. 1-26-41343-jmm) on March 23, 2026. In the petition signed by James Rengifo, chief executive officer, the Debtor disclosed up to $500,000 in assets and up to $10 million in liabilities. Judge Jill Mazer-Marino oversees the case. Ronald D. Weiss, Esq., at Ronald D. Weiss, P.C., represents the Debtor as legal counsel. TRINSEO PLC: Moody's Cuts CFR to Ca, Appends PDR Limited Default ---------------------------------------------------------------- Moody's Ratings has downgraded Trinseo PLC's (Trinseo) corporate family rating to Ca from Caa2. Moody's have downgraded and appended a limited default (/LD) designation to Trinseo's probability of default rating, revising it to Ca-PD/LD from Caa2-PD. At the same time, Moody's have downgraded the rating on Trinseo Holding S.a r.l.'s backed senior secured first lien term loan B2 to C from Caa3, the rating on Trinseo LuxCo Finance SPV S.a r.l.'s senior secured term loans to Caa3 from Caa1, and the rating on Trinseo LuxCo Finance SPV S.a r.l.'s backed senior secured second lien notes due 2029 to Ca from Caa2. Trinseo PLC's Speculative Grade Liquidity Rating (SGL) is downgraded to SGL-4 from SGL-3. The rating outlook of all debt issuers is stable. The /LD designation appended to the PDR will be removed in three business days. Corporate governance is a key driver for this rating action. RATINGS RATIONALE On March 19, 2026, Trinseo announced that it elected not to make certain interest payments under the first lien term loan and second lien notes issued by Trinseo LuxCo Finance SPV S.a r.l. upon the expiration of the grace period. Moody's considers this event as limited default, as reflected in the appendix of LD to the PDR. The election of not paying interest constitutes an event of default on the first lien term loan and second lien notes issued by Trinseo LuxCo Finance SPV S.a r.l., and triggers cross default on other debt instruments. This is despite the amendments Trinseo made with creditors to temporarily waive certain acceleration and collateral enforcement rights and remedies. The company has been engaged in discussions with its financial stakeholders to review its capital structure, which could end up with a reduction in its outstanding debt. The downgrade of the CFR to Ca reflects a deterioration in the expected recovery for the corporate family. Trinseo's earnings have weakened in recent years as result of the lackluster demand from durable goods, its high-cost production in Europe, as well as capacity expansions by competitors in Asia. Financial profile deteriorated with substantial cash consumption over the last two years, interest coverage below 1.0x and debt leverage above 10x at the end of 2025. As of December 31, 2025, the company had $334 million in liquidity, including $139 million cash and $192 million availability under the revolver. The Caa3 rating on Trinseo LuxCo Finance SPV S.a r.l.'s senior secured term loans and Ca rating on the same entity's backed senior secured second lien notes reflect their relative seniority to the other debt tranches. They only rank behind the $300 million superpriority revolving credit facility (unrated). Trinseo LuxCo Finance SPV S.a r.l. has access to the 50% equity stake in the Americas Styrenics LLC joint venture, US PMMA businesses, select guarantees from the company's assets in Germany, Indonesia, Taiwan and Belgium. Proceeds from the sale of these assets would be used to repay the Trinseo LuxCo Finance SPV S.a r.l.'s debt to the exclusion of other creditors. The C rating on Trinseo Holding S.a r.l.'s backed senior secured first lien term loan due 2028 reflects its junior position. Trinseo's Credit Impact Score of CIS-5 reflects very high governance risks as evidenced by financial performance below management guidance, the large amount of debt on balance sheet and the expected financial restructuring. The company also faces significant environmental and social risks due to the nature of the chemicals used and produced at its facilities. FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS An upgrade to the ratings can be triggered by a financial restructuring that meaningful reduces debt burden and improves cash flow generation and liquidity, or a significant improvement in earnings. The ratings could be downgraded if free cash flow remains negative and liquidity weakens, further reducing the expected recovery of its outstanding debt. Trinseo PLC is one of the world's largest producer of styrene butadiene ("SB") latex, polystyrene, PMMA and other engineered polymer blends. The company owns and operates production units at 20 manufacturing sites and one recycling facility around the world. Revenues amounted to about $3 billion in 2025. The principal methodology used in these ratings was Chemicals published in February 2026. The Ca CFR is three notches below the Caa1 scorecard-indicated outcome based on fiscal 2025 results. This differential reflects Rinchem's missed interest payments and a deterioration in recovery prospects for its outstanding debt. TTW TRANSPORT: Court Tosses Revolorio, et al. Adversary Case ------------------------------------------------------------ Judge Scott C. Clarkson of the U.S. Bankruptcy Court for the Central District of California dismissed without prejudice the adversary proceeding captioned as TTW Transport, Inc., Plaintiff(s), v. David Revolorio, et al., Defendant(s), Adv. No.: 8:24-ap-01074-SC (Bankr. C.D. Cal.). Plaintiff TTW Transport, Inc. commenced this adversary proceeding on May 2, 2024. The complaint asserts claims for, among other things, breach of fiduciary duty, conversion, money had and received, unjust enrichment, turnover of property of the estate under 11 U.S.C. Sec. 542, avoidance and recovery of fraudulent transfer under 11 U.S.C. Sec. 548, avoidance and recovery of fraudulent transfer under California Civil Code section 3439(a)(1), and violation of California Penal Code section 496(a). In the main bankruptcy case, Debtor later filed its structured dismissal motion, and the Court is concurrently entering a separate order in the main case denying Debtor's motion to continue its structured dismissal motion, granting in part and denying in part the structured dismissal motion, dismissing the Chapter 11 case, discharging the Order to Show Cause entered in the main case, vacating the March 18, 2026 hearings in the main case, and declining to retain jurisdiction over this adversary proceeding. In In re Carraher, 971 F.2d 327, 328-29 (9th Cir. 1992), the Ninth Circuit held that dismissal of the underlying bankruptcy case does not automatically divest the bankruptcy court of jurisdiction over a related adversary proceeding. Retention, however, is discretionary, and the court must consider economy, convenience, fairness, and comity in deciding whether to retain or relinquish jurisdiction. The Court finds that retention of jurisdiction over this adversary proceeding is not warranted under In re Carraher, 971 F.2d 327, 328-29 (9th Cir. 1992). The Court concludes that the factors of economy, convenience, fairness, and comity do not support retaining jurisdiction after dismissal of the main case. Because the Court declines to retain jurisdiction, further pre-trial proceedings in this Court are unnecessary. The March 18, 2026 hearings on the Order to Show Cause and the continued pre-trial conference are vacated. A copy of the Court's Order dated March 16, 2026, is available at https://urlcurt.com/u?l=BbIaPv from PacerMonitor.com. About TTW Transport Inc. TTW Transport, Inc., provides freight trucking services. TTW Transport filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. C.D. Cal. Case No. 24 10559) on March 6, 2024, listing $4,368,589 in total assets and $1,044,059 in total liabilities. The petition was signed by Jonathan Witkin as direct of finance. Judge Scott C Clarkson presided over the case. Thomas J. Polis, at POLIS & ASSOCIATES, APLC, was the Debtor's counsel. The case was dismissed on March 16, 2026. TURNER DEVELOPMENT: Seeks to Hire Hirschler Fleischer as Counsel ---------------------------------------------------------------- Turner Development, LLC seeks approval from the U.S. Bankruptcy Court for the District of Columbia to employ Hirschler Fleischer, PC as bankruptcy counsel. The firm will render these services: (a) advise the Debtor with respect to its rights, powers, and duties in operating its business and managing its property; (b) advise and consult on the administration of this Chapter 11 case; (c) appear before the Court and any appellate courts to represent the interests of the Debtor's estate; (d) draft all necessary or appropriate legal papers necessary or beneficial to the administration of the Debtor's estate; (e) represent the Debtor in connection with authority to use cash collateral; (f) advise the Debtor concerning assumptions, assignments, and rejections of executory contracts and unexpired leases; (g) advise the Debtor and take all necessary or appropriate actions to protect and preserve its estate; (h) attend meetings and negotiate with representatives of creditors and other parties-in-interest, as necessary; (i) prosecute avoidance proceedings; (j) advise the Debtor, prepare the necessary documentation and pleadings, and take all necessary or appropriate actions in connection with the Chapter 11 case, strategic transactions, employee relations, and other commercial matters; and (k) perform all other necessary legal services in connection with this Chapter 11 vase as may be required in connection with the administration of the Debtor's estate. The firm will be compensated at hourly rates ranging from $325 for associates to $825 for senior partners. Ms. Burgers' current hourly rate is $595, for Allison Klena is $400 per hour, and the current hourly rate for Stephen Leach is $700. The firm will also be reimbursed for reasonable and necessary out-of-pocket expenses incurred. According to court filings, Hirschler Fleischer is a "disinterested person" within the meaning of Section 101(14) of the Bankruptcy Code. The firm can be reached at: Kristen E. Burgers, Esq. Hirschler Fleischer, PC 1676 International Drive, Suite 1350 Tysons, VA 22102 Telephone: (703) 584-8900 Facsimile: (703) 584-8901 E-mail: sleach@hirschlerlaw.com kburgers@hirschlerlaw.com About Turner Development, LLC Turner Development LLC, doing business as Turner Development (TDL), is a real estate development company based in Washington, D.C. that undertakes commercial, mixed-use, residential, and rehabilitation projects in the Washington, D.C. metropolitan area and in parts of South Carolina, including developments such as Weeping Willows in North Augusta and the Old Aiken Hospital redevelopment in Aiken. Turner Development filed Chapter 11 petition (Bankr. D. D.C. Case No. 26-00077) on February 23, 2026, with between $1 million and $10 million in both assets and liabilities. Judge Elizabeth L. Gunn oversees the case. Kristen E. Burgers, Esq., at Hirschler Fleischer, PC is the Debtor's legal counsel. TURQUOISE LLC: Hires Day Rettig Martin PC as Counsel ---------------------------------------------------- Turquoise, LLC seeks approval from the U.S. Bankruptcy Court for the Northern District of Iowa to employ Day Rettig Martin, P.C. as counsel. The firm's services include: a. preparing pleadings, motions, and applications and conducting examinations incidental to any related proceedings or to the administration of this case; b. developing the relationship of the status of the Debtor to the claims of creditors in this case; c. advising the Debtor of its rights, duties, and obligations as a Debtor-in-Possession operating under Chapter 11, Subchapter V of the Bankruptcy Code; d. taking any and all other necessary action incident to the proper preservation and administration of this Chapter 11, Subchapter V case; and e. advising and assisting the Debtor in the formation and preservation of a plan pursuant to Chapter 11, Subchapter V of the Bankruptcy Code, or an orderly liquidation of assets, and any and all matters related thereto. The firm will be paid at these rates: Shareholders $405 per hour Senior Associates $305 per hour Junior Associates $250 per hour Legal Staff $170 per hour The firm will be paid a retainer in the amount of $15,000. The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Mr. Martin 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: Day Rettig Martin, P.C. Ronald C. Martin, Esq. P.0. Box 2877 Cedar Rapids, IA 52406-2877 Tel: (319) 365-0437 Fax: (319) 365-5866 E-mail: ronm@drpjlaw.com About Turquoise, LLC Turquoise LLC is a limited liability company. Turquoise LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Iowa Case No. 25-01112) on October 8, 2025. In its petition, the Debtor reports estimated assets and liabilities between $1 million and $10 million each. Honorable Bankruptcy Judge Thad J. Collins handles the case. The Debtor is represented by Austin Peiffer, Esq. of Ag & Business Legal Strategies. TWENTY EIGHT: Gets OK to Use Cash Collateral Until April 30 ----------------------------------------------------------- Twenty Eight Hundred Lafayette, Inc. received another extension from the U.S. Bankruptcy Court for the District of New Hampshire to use its secured creditors' cash collateral. The interim order signed by Judge Kimberly Bacher authorized the Debtor to use up to $156,889.85 in cash collateral through April 30 to pay the expenses in accordance with its budget. As protection for the Debtor's use of their cash collateral, secured creditors including Enterprise Bank & Trust, Rockingham Economic Development Corp. and the U.S. Small Business Administration will be granted replacement liens on property acquired by the Debtor after the petition date that is similar to their pre-bankruptcy collateral. The replacement liens do not apply to any Chapter 5 actions. As further protection, the Debtor will continue to make monthly payments of $3,156.11 to SBA, $3,232.12 to Enterprise Bank & Trust, and $1,509.26 to Rockingham. The next hearing is scheduled for April 22. Objections are due by April 15. About Twenty Eight Hundred Lafayette Established in 1992, Twenty Eight Hundred Lafayette, Inc. is a seafood restaurant with locations in Epping, Portsmouth, Salem, and North Hampton (seasonal) in New Hampshire. It conducts business under the names The Beach Plum 2 Portsmouth and The Beach Plum 3 Epping. Twenty Eight Hundred Lafayette filed Chapter 11 petition (Bankr. D.N.H. Case No. 25-10046) on January 27, 2025. In its petition, the Debtor reported assets between $50,000 and $100,000 and liabilities between $1 million and $10 million. Judge Kimberly Bacher handles the case. Eleanor Wm. Dahar, Esq., at Victor W. Dahar Professional Association is the Debtor's legal counsel. Enterprise Bank & Trust, as secured creditor, is represented by: Patricia J. Ballard, Esq. Preti, Flaherty, Beliveau & Pachios, PLLP P.O. Box 1318 Concord, NH 03302-1318 (603) 410-1500 pballard@preti.com URGENT CARE: Gets Interim OK to Use Cash Collateral --------------------------------------------------- Urgent Care Down East, Inc. received fourth interim approval from the U.S. Bankruptcy Court for the Eastern District of North Carolina, Greenville Division, to use cash collateral to fund operations. Under the order, the Debtor is authorized to use cash collateral to pay ordinary business expenses, including payroll, utilities, insurance, and other operational costs, in accordance with a 30-day operating budget. The Debtor is permitted a 10% variance per budget line item while continuing to deposit all business revenues into debtor-in-possession accounts during the bankruptcy case. The budget projects total operational expenses of $268,931. The court acknowledged that certain secured creditors may hold liens on the Debtor's collateral, including First National Bank of Pennsylvania and the U.S. Small Business Administration. As adequate protection, valid and perfected pre-bankruptcy liens of secured creditors will be extended to post-petition assets. The Debtor reserves all rights to challenge the validity, priority, and extent of the secured creditors' pre-bankruptcy and post-petition liens. The order remains in effect until April 22, unless earlier terminated for cause or replaced by a subsequent cash collateral order. During this period, the Debtor must remain current on all post-petition tax obligations and must not dispose of assets outside the ordinary course of business without consent from secured creditors and, where required, court approval. The next hearing is scheduled for April 22. The order is available at http://bankrupt.com/misc/UrgentCare_4thCCOrder.pdf About Urgent Care Down East Inc. Urgent Care Down East, Inc. operates a walk-in urgent care clinic in Washington, North Carolina, providing same-day medical treatment for acute illnesses, minor injuries, occupational health services, and routine physicals, serving patients in Eastern North Carolina. Urgent Care Down East sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. N.C. Case No. 25-05002) on December 16, 2025, with $476,437 in assets and $1,699,505 in total liabilities. Rachel Gardner, president, signed the petition. Judge David M. Warren oversees the case. George Mason Oliver, Esq., at The Law Offices of George Oliver, PLLC, represents the Debtor as bankruptcy counsel. VALINA RELAX: Cash Collateral Hearing Set for June 2 ---------------------------------------------------- The U.S. Bankruptcy Court for the Middle District of Florida, Jacksonville Division, is set to hold a hearing on June 2 to consider extending Valina Relax, Inc.'s authority to use cash collateral. The Debtor was previously allowed to access cash collateral under the court's March 18 second interim order. The second interim order approved the payment of the Debtor's expenses from the cash collateral in accordance with its budget and granted secured creditors automatically perfected replacement liens on post-petition cash collateral, with the same validity and priority as their pre-petition liens. The Debtor listed First National Bank of Pennsylvania and JPMorgan Chase Bank, N.A. as the creditors that may have blanket liens on its assets. First National Bank and JPMorgan Chase assert claims of $750,364.98 and $54,700, respectively, against the Debtor. About Valina Relax Inc. Valina Relax, Inc. filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-00187) on January 17, 2026, listing assets of between $50,001 and $100,000 and liabilities of between $500,001 and $1 million. Judge Jacob A. Brown presides over the case. Rehan N. Khawaja, Esq., at the Law Offices of Rehan N. Khawaja represents the Debtor as bankruptcy counsel. VALVES AND CONTROLS: Seeks to Extend Plan Exclusivity to June 22 ---------------------------------------------------------------- Valves and Controls US, Inc., asked the U.S. Bankruptcy Court for the District of Delaware to extend its exclusivity periods to file a plan of reorganization and obtain acceptance thereof to June 22 and August 23, 2026, respectively. The Debtor explains that the company and the UCC met regularly to discuss an expeditious conclusion to this chapter 11 case and to negotiate the terms of a fair and equitable chapter 11 plan that would maximize value for all parties in interest, which largely consists of over 2,000 holders of Asbestos Claims. In an effort to obtain these goals, the Debtor and the UCC exchanged multiple versions of a proposed chapter 11 plan and each side sought in good faith to reach common ground over the terms contained therein. The Debtor claims that since the Court first extended the Exclusive Periods, the company continued to work on responding to the UCC's discovery requests, negotiated with the UCC and other parties on the terms of a chapter 11 plan, and drafted the joint Plan with the goal of making distributions to creditors as soon as reasonably possible. Extending the Exclusive Periods will give the Debtor the opportunity to complete the mediation process with the UCC, make any necessary changes to the Plan as a result of the foregoing, solicit votes on the Plan, and seek confirmation of the Plan within the time periods requested herein for the further extension of the Exclusive Periods. The Debtor notes that it continues to pay undisputed administrative expenses as they come due and will continue to do so. The Debtor also monitors its liquidity closely and is confident that sufficient assets will be available to satisfy its postpetition payment obligations during the requested extension of the Exclusive Periods. This is the Debtor's second request for an extension of the Exclusive Periods. Less than two months have elapsed since the Extension Order was entered by the Court, during which the Debtor has already made progress to move this chapter 11 case forward, as noted above. Accordingly, the Debtor's request for an extension of the Exclusive Periods is supported by the facts of this case. The Debtor asserts that the Plan was negotiated and consensually agreed between the company and the UCC. The Debtor requests this extension of the Exclusive Periods to ensure the parties can seek confirmation of the Plan without the distraction of competing chapter 11 plans, not to pressure the creditors to agree to the Debtor's requests in regard to the terms. The Debtor believes an extension will allow the Debtor and its creditor constituents the necessary time to resolve the chapter 11 case in an expeditious manner. Valves and Controls US Inc. is represented by: COLE SCHOTZ P.C. Patrick J. Reilley, Esq. Michael E. Fitzpatrick, Esq. Melissa M. Hartlipp, Esq. 500 Delaware Avenue Suite 600 Wilmington, Delaware 19801 Telephone: (302) 652-3131 Facsimile: (302) 652-3117 E-mail: preilley@coleschotz.com mfitzpatrick@coleschotz.com mhartlipp@coleschotz.com -and- WEIL, GOTSHAL & MANGES LLP Matthew S. Barr, Esq. Ronit J. Berkovich, Esq. Lauren Tauro, Esq. Alejandro Bascoy, Esq. 767 Fifth Avenue New York, New York 10153 Telephone: (212) 310-8000 E-mail: matt.barr@weil.com ronit.berkovich@weil.com lauren.tauro@weil.com alejandro.bascoy@weil.com About Valves and Controls US, Inc. Valves and Controls US Inc., previously known as Weir Valves & Controls USA Inc., is a manufacturer of industrial valves and control systems operating within the fabricated metal product manufacturing industry. Valves and Controls US Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del. Case No. 25-11403) on July 1, 2025. In its petition, the Debtor reports estimated assets between $50 million and $100 million and estimated liabilities between $100 million and $500 million. Honorable Bankruptcy Judge Thomas M. Horan handles the case. The Debtor is represented by Patrick J. Reilley, Esq. at Cole Schotz P.C. VCR I: Chapter 7 Trustee Not Entitled to Commission on Disbursement ------------------------------------------------------------------- In the appeal styled Derek A. Henderson, Appellant, v. United States Trustee, Appellee, No. 25-60204 (5th Cir.), Judges Carolyn Dineen King and Leslie H. Southwick and Catharina Haynes the United States Court of Appeals for the Fifth Circuit affirmed the decision of the United States District Court for the Southern District of Mississippi that upheld the bankruptcy court's judgment sustaining the objection of the United States Trustee to the payment of a commission to Derek Henderson, Chapter 7 trustee for the estate of VCR I, LLC, for work involving his distribution of surplus funds to an equity security holder. As trustee, Henderson had several duties. He was to liquidate the estate property and then close the estate. VCR's estate included several acres of property in Gluckstadt, Mississippi, which sold for approximately $6.8 million. A dispute among the Rai family concerning ownership of VCR resulted in an Agreed Judgment stipulating that LULU I, LLC -- a Mississippi company formed by members of the Rai family in 2011 -- held 100% ownership interest in VCR and was entitled to receive any and all "distribution[s] made by the Trustee to such holder." Several members of the Rai family filed proofs of claims against the estate. Those parties eventually agreed to a settlement, and the bankruptcy court entered a Settlement Order allowing only two proofs of claims, one for $1.3 million and one for $2.3 million. After satisfying those two allowed claims, Henderson filed a proof of claim on behalf of LULU in an amount to be determined after payment of all VCR creditors. Henderson later amended that proof of claim to specify the amount payable to LULU as $2,643,066.16. In August 2021, Henderson filed a "Trustee's Final Report" seeking $269,993.75 in total compensation based on total disbursements totaling $8,224,791.60. Among the objections to the report made by the United States Trustee, as appellee, was to the payment of a commission on the disbursement of $2,643,066.16. As it relates to Henderson's statutory compensation as trustee, Chapter 7 provides that he shall be compensated based on all distributions to parties in interest, except those made to the debtor. According to the United States Trustee, because the distribution to LULU could only be justified if LULU stands in the shoes of VCR -- as distribution of surplus funds to a debtor under Section 726(a)(6) -- the distribution to LULU cannot be included in computing Henderson's commission. The bankruptcy court sustained the objection, concluding that because the "effect of the Settlement Order was to make LULU the stand in for VCR," the final disbursement to LULU fits only within the category of payments under Section 726(a)(6), a provision the bankruptcy court stated was for "the return of equity to the debtor." The Southern District of Mississippi affirmed and denied Henderson's motion for rehearing. The panel holds, "While LULU is not a 'debtor' per se under Section 726, it functions as one here in the actual debtor's absence. According to the Agreed Judgment and the Settlement Order, it is to receive all disbursements to which VCR would have been entitled. Therefore, we conclude -- consistent with the bankruptcy and district courts -- that LULU is the functional and practical equivalent of the debtor, only for the limited and agreed purpose of receiving surplus funds otherwise belonging to the debtor, so that the bankruptcy case may be closed. Accordingly, the Chapter 7 trustee is not entitled to compensation for that disbursement." A copy of the Court's Opinion dated March 27, 2026, is available at http://urlcurt.com/u?l=L6l8aB VCR I, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Miss., Case No. 12-02009) on June 21, 2012. In its petition, the Debtor reports estimated assets of $50,000 and estimated liabilities between $1 million and $10 million. Honorable Bankruptcy Judge Edward Ellington handled the case. Robert Rex McRaney, Jr., Esq., at McRaney & McRaney represented the Debtor as legal counsel. The case was converted to Chapter 7 on Oct. 18, 2013. Derek Henderson is the Chapter 7 trustee. VILLAGE HOMES: Hires Weaver Tidwell to Provide Tax Services ----------------------------------------------------------- Village Homes LP seeks approval from the U.S. Bankruptcy Court for the Northern District of Texas to hire Weaver Tidwell, L.L.P. to provide tax services. The Debtor seeks to engage Weaver for a flat fee of $9,875 for the following tax services: a. preparation and filing of Debtor's 2025 federal tax forms; b. preparation and filing of Debtor's 1065 Partnership Tax Return; and c. preparation and filing of Debtor's 2025 franchise tax forms. As disclosed in the court filings, Weaver is a "disinterested person" as defined in Sec. 101(14) of the Bankruptcy Code. The firm can be reached through: Aaron Grisz, CPA Weaver and Tidwell, L.L.P. 2821 West 7th Street, Suite 700 Fort Worth, TX 76107 Tel: (817) 332-7905 Fax: (817) 429-5936 Email: aaron.grisz@weaver.com About Village Homes for Fort Worth Village Homes for Fort Worth was established in 1996 and has grown into a trusted homebuilder in Fort Worth, Texas, known for its inspired designs and dedication to quality. With almost three decades of experience, the company has fulfilled the dreams of over 1,500 homeowners while collaborating closely with the region's top architects, craftsmen, and vendors. KC 117 LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex. Case No. 25-43782-mxm) on October 1, 2025. Jeff P. Prostok at Vartabedian Hester & Haynes LLP, represents as legal counsel of the Debtor. VILLAGE ROADSHOW: Plan Exclusivity Period Extended to July 10 ------------------------------------------------------------- Judge Thomas M. Horan of the U.S. Bankruptcy Court for the District of Delaware extended Village Roadshow Entertainment Group USA Inc. and its affiliates' exclusive periods to file a plan of reorganization and obtain acceptance thereof to July 10 and Sept. 10, 2026, respectively. As shared by Troubled Company Reporter, the Debtors explain that the sale and plan processes have required (and continue to require) extensive negotiations and effort. The Debtors continue to work with parties in interest, including the Debtors' prepetition and postpetition lenders, Warner Bros., the Committee, the U.S. Trustee, and others to forge a consensual path towards confirmation. Indeed, the Debtors and their professionals were required to devote substantial time, energy, and resources to reach this point in these chapter 11 cases. The Debtors claim that the requested extension of the Exclusive Periods is reasonable given the current status of these chapter 11 cases and the progress achieved to date. The Debtors have made significant progress in the months that these chapter 11 cases have been pending, demonstrated most recently by the entry of the Library Sale Order, the Studio Sale Order, and the Derivative Rights Sale Order, totaling nearly $450 million. Accordingly, the Debtors' efforts to date and the tasks that remain to be completed justify the extension of the Exclusive Periods. The Debtors assert that throughout the chapter 11 process, the Debtors have endeavored to establish and maintain cooperative working relationships with its primary creditor constituencies. Importantly, the Debtors are not seeking the extension of the Exclusive Periods to delay administration of these chapter 11 cases or to exert pressure on its creditors, but rather to continue the orderly, efficient, and cost-effective chapter 11 process. Thus, this factor also weighs in favor of the requested extension of the Exclusive Periods. The Debtors further assert that termination of the Exclusive Periods would adversely impact the administration of these chapter 11 cases. If the Court were to deny the Debtors' request for an extension of the Exclusive Periods, upon the expiration of the Exclusive Filing Period, any party in interest would be free to propose a chapter 11 plan for the Debtors and solicit acceptances thereof. Such a ruling could undermine the Debtors' progress in these chapter 11 cases and thwart any meaningful opportunity for the Debtors to emerge from chapter 11 with maximum value for their creditors and other stakeholders. Co-Counsel for the Debtors: Joseph M. Mulvihill, Esq. Benjamin C. Carver, Esq. YOUNG CONAWAY STARGATT & TAYLOR, LLP Rodney Square 1000 North King Street Wilmington, DE 19801 Tel: (302) 571-6600 Fax: (302) 571-1253 Email: jmulvihill@ycst.com bcarver@ycst.com Co-Counsel for the Debtors: Justin R. Bernbrock, Esq. Matthew T. Benz, Esq. SHEPPARD, MULLIN, RICHTER & HAMPTON LLP 321 North Clark Street, 32nd Floor Chicago, Illinois 60654 Tel: (312) 499-6300 Fax: (312) 499-6301 Email: jbernbrock@sheppardmullin.com mbenz@sheppardmullin.com - and - Jennifer L. Nassiri, Esq. 1901 Avenue of the Stars, Suite 1600 Los Angeles, CA 90067 Tel: (310) 228-3700 Fax: (310) 228-3701 Email: jnassiri@sheppardmullin.com - and - Alyssa Paddock, Esq. 30 Rockefeller Plaza, 39th Floor New York, NY 10112 Tel: (212) 653-8700 Fax: (212) 653-8701 Email: apaddock@sheppardmullin.com About Village Roadshow Entertainment Group Village Roadshow Entertainment Group USA Inc. and its affiliates are a prominent independent producer and financier of major Hollywood films, having produced over 100 successful movies since 1997. Their portfolio includes globally recognized blockbusters such as "Joker," "The Great Gatsby," and the "Matrix" trilogy. Before the WB Arbitration, which began in 2022, the Company had a profitable and well-established co-production and co-financing partnership with Warner Bros. Entertainment Inc. and its affiliates ("WB"), resulting in many successful projects. The Debtor's most valuable assets include its Film Library and Derivative Rights, stemming from its extensive and enduring film industry presence. Village Roadshow Entertainment Group USA Inc. and its affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del. Lead Case No. 25-10475) on March 17, 2025. In the petitions signed by Keith Maib, chief restructuring officer, the Debtors disclosed up to $500 million in estimated assets and up to $1 billion in estimated liabilities. Bankruptcy Judge Thomas M. Horan handles the cases. The Debtors tapped Young Conaway Stargatt & Taylor, LLP as local counsel; Sheppard, Mullin, Richter & Hampton LLP as bankruptcy counsel; Kirkland & Ellis LLP as special litigation counsel; Accordion Partners, LLC as financial and restructuring advisor; and Solic Capital Advisors, LLC as investment banker. Kurtzman Carson Consultants, LLC, doing business as Verita Global, is the Debtors' claims and noticing agent and administrative advisor. W. JACKSON TRUCKING: Hires Crawley Law Firm P.A. as Attorney ------------------------------------------------------------ W. Jackson Trucking, LLC, seeks approval from the U.S. Bankruptcy Court for the Eastern District of Arkansas to hire Crawley Law Firm, P.A. as attorney. The firm will provide these services: a. advise and consult with the Debtor concerning questions arising in the conduct of the administration of the estate and concerning the Debtor rights and remedies with regard to the estate's assets and claims of secured, priority and unsecured creditors and other parties in interest; b. appear for; prosecute, defend, and represent the Debtor interest in adversary proceedings and/or contested matters arising in or related to this case; c. investigate and prosecute preference and other actions arising under the Debtor's avoiding powers; d. assist in the preparation of such pleadings, motions, notices and orders as are required for the orderly administration of this estate and to consult with and advise the Debtor in connection with the operation of or termination of the operation of the business of the Debtor; e. assist in the preparation of a Plan of Reorganization and to present said Plan of Reorganization to this Court for approval and confirmation; and f. undertake all other necessary and appropriate legal representation of the Debtor in the bankruptcy proceeding. The firm will be paid at these rates: Michael E. Crawley, Jr. $250 per hour Paralegal $75 per hour The firm received from the Debtor a retainer in the amount of $12,500. The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Michael Crawley, Jr., Esq., a partner at Crawley Law Firm, P.A., disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Michael E. Crawley, Jr, Esq. Crawley Law Firm, P.A. 2702 S. Culberhouse, Suite N Jonesboro, AR 72401 Tel: (870) 972-1150 About W. Jackson Trucking LLC W. Jackson Trucking, LLC, a company based in Bono, Arkansas, operates as an interstate freight carrier hauling agricultural commodities. Leveraging a fleet of tractors and trailers, the company moves products across state lines, supporting agricultural supply chains and connecting regional producers with broader markets. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Ark. Case No. 26-10959) on March 13, 2026, with up to $50,000 in assets and $1 million to $10 million in liabilities. William Jackson, managing member, signed the petition. Judge Phyllis M. Jones presides over the case. Michael E. Crawley, Jr., Esq., at Crawley Law Firm, P.A. represents the Debtor as bankruptcy counsel. WAYNE CITY, MI: Moody's Upgrades Issuer & GOLT Ratings from Ba2 --------------------------------------------------------------- Moody's Ratings has upgraded the City of Wayne, MI's issuer and general obligation limited tax (GOLT) ratings to Baa3 from Ba2. The city had about $8.6 million in total debt outstanding at the end of fiscal 2025 (year-end June 30). The ratings were upgraded because the city has maintained a substantially improved financial position and will likely continue to close its persistent structural gaps. RATINGS RATIONALE The Baa3 issuer rating balances the city's strong financial and leverage ratios against its recent history of fiscal crisis, limited revenue-raising ability and its modest local economy that has an elevated dependence on automotive manufacturing. The city's largest employer is Ford Motor Company, which employs roughly 2,000 workers. The company's employment levels fluctuate, however, and it has significantly reduced its taxable value over the last decade. The resident income ratio is about 71% and the full value per capita has grown to just under $80,000 in fiscal 2026. Finances will be roughly balanced in fiscal 2026 based on year-to-date projections, outperforming a $2.2 million budgeted deficit. Since the resolution of the city's fiscal crisis in fiscal 2021, management has typically budgeted for a large deficit and then ended roughly balanced or with a surplus. Although the city's budget is still being developed for fiscal 2027, it will likely include a deficit of roughly $2 million, after incorporating likely wage increases from contracts still in negotiation and savings from a 10-year pension re-amortization from the Municipal Employees' Retirement System (MERS). While the re-amortization will create more flexibility within the city's budget, it will also keep liabilities higher for longer. The city's leverage ratio is moderate at 235% and is comprised mostly of its adjusted net pension liabilities. The city's fixed costs ratio is 13.5%, which is also moderate. Despite the more moderate metrics, the city has been challenged to comfortably accommodate its pension costs. The city strategically missed its mandatory pension payment in fiscal 2021, which ultimately led to a lawsuit from MERS and the imposition of a judgment levy to pay the city's required contribution. MERS agreed to an extension of the city's pension funding in fiscal 2022 and just recently in 2026. Pension contributions will now increase more gradually and full funding has been pushed out to 2052. The Baa3 GOLT rating is the same as issuer rating because the bonds are full faith and credit obligations of the city, backed by its authority to levy property taxes within the state's constitutional and statutory limitations. RATING OUTLOOK Moody's do not assign outlooks to local governments with this amount of debt. FACTORS THAT COULD LEAD TO AN UPGRADE OF THE RATINGS -- Maintenance of available fund balance ratio near 50%, coupled with a sustained ability to match recurring expenses with revenue while accommodating pension costs -- Maintenance of its long-term liabilities ratio around 250% FACTORS THAT COULD LEAD TO A DOWNGRADE OF THE RATINGS -- Materially reduced available fund balance ratio to below 35% -- Growth in the long-term liabilities ratio to levels nearing 400% or fixed-costs ratio in excess of 20% PROFILE The City of Wayne encompasses six square miles in Wayne County, roughly 20 miles west of the City of Detroit. It operates under a council-manager form of government and provides municipal services to over 17,500 residents. METHODOLOGY The principal methodology used in these ratings was US Cities and Counties published in December 2025. WAYNE P. JUSTICE: Daniel Etlinger Named Subchapter V Trustee ------------------------------------------------------------ The Acting U.S. Trustee for Region 21 appointed Daniel Etlinger of Underwood Murray, P.A. as Subchapter V trustee for Wayne P. Justice, M.D., P.A. Mr. Etlinger will be paid an hourly fee of $350 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Etlinger declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Daniel E. Etlinger Underwood Murray, P.A. 100 N. Tampa Street, Suite 2325 Tampa Florida 33602 (813) 540-8401 Email: detlinger@underwoodmurray.com About Wayne P. Justice, M.D. P.A. Wayne P. Justice, M.D., P.A. is a Florida professional association that operates a family medicine practice in Niceville, where it provides primary care services from an office on West College Boulevard. The practice was filed in Florida in 2001 and is associated with Dr. Wayne P. Justice, who also holds staff privileges at Twin Cities Hospital. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Fla. Case No. 26-30292) on March 23, 2026, with $827 in assets and $1,267,412 in liabilities. Wayne P. Justice, president, signed the petition. Jeffrey S. Ainsworth, Esq. at Branson Ainsworth PLLC represents the Debtor as legal counsel. WEST 70TH OWNERS: Case Summary & 13 Unsecured Creditors ------------------------------------------------------- Debtor: West 70th Owners Corp 501 5th Ave New York, NY 10017 Case No.: 26-10672 Chapter 11 Petition Date: March 30, 2026 Court: United States Bankruptcy Court Southern District of New York Judge: Hon. Lisa G Beckerman Debtor's Counsel: Julio E. Portilla, Esq. JULIO E. PORTILLA 380 Lexington Ave. 4th Floor New York, NY 10168 Tel: (212) 365-0292 Fax: (212) 365-4417 Email: jp@julioportillalaw.com Estimated Assets: $0 to $50,000 Estimated Liabilities: $10 million to $50 million The petition was signed by Russell Abrams as principal. A full-text copy of the petition, which includes a list of the Debtor's 13 unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/23VFS4Y/West_70th_Owners_Corp__nysbke-26-10672__0001.0.pdf?mcid=tGE4TAMA WORLD FOOD IMPORTS: Commences Chapter 7 Bankruptcy in Texas ----------------------------------------------------------- On March 31, 2026, World Food Imports, Inc. filed for Chapter 7 protection in the Northern District of Texas. According to court filing, the Debtor reports between $1,000,000 and $10,000,000 in debt owed to 1-49 creditors. About World Food Imports, Inc. World Food Imports, Inc. is a Texas-based company engaged in the importation and distribution of international food products. The company supplies a range of specialty and packaged goods to retailers, wholesalers, and foodservice providers. World Food Imports, Inc. sought relief under Chapter 7 of the U.S. Bankruptcy Code (Bankr. Case No. 26-31358) on March 31, 2026. In its petition, the Debtor reports estimated assets of $1MM-$10MM and estimated liabilities of $1MM-$10MM. The Debtor is represented by Robert Yaquinto, Jr., Esq. of Sherman & Yaquinto, LLP. YELLOW CORP: Gets Court OK for Majority of $1.4B Pension Deals -------------------------------------------------------------- Emily Lever of Law360 Bankruptcy Authority reports that a Delaware bankruptcy judge has signed off on most of the settlements reached by Yellow Corp. to address $7.4 billion in pension fund claims, concluding that the majority of the deals fall within an acceptable range. Three agreements, however, were flagged as falling outside that range. The court noted that the approved settlements strike a balance between resolving complex pension disputes and preserving value for creditors. By avoiding extended litigation, the agreements help streamline the company’s restructuring efforts. For the three deals that were not approved, the judge indicated that additional scrutiny or revisions are needed. Those agreements may need to be renegotiated before they can gain court approval, leaving part of the pension dispute unresolved for now, the report states. About Yellow Corporation Yellow Corporation -- http://www.myyellow.com/-- operates logistics and less-than-truckload (LTL) networks in North America, providing customers with regional, national, and international shipping services throughout. Yellow's principal office is in Nashville, Tenn., and is the holding company for a portfolio of LTL brands including Holland, New Penn, Reddaway, and YRC Freight, as well as the logistics company Yellow Logistics. Yellow Corporation and 23 affiliates concurrently filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Del. Lead Case No. 23-11069) on August 6, 2023, before the Hon. Craig T. Goldblatt. As of March 31, 2023, Yellow Corporation had $2,152,200,000 in total assets against $2,588,800,000 in total liabilities. The petitions were signed by Matthew A. Doheny as chief restructuring officer. The Debtors tapped Kirkland & Ellis, LLP as restructuring counsel; Pachulski Stang Ziehl & Jones, LLP as Delaware local counsel; Kasowitz, Benson and Torres, LLP as special litigation counsel; Goodmans, LLP as special Canadian counsel; Ducera Partners, LLC, as investment banker; and Alvarez and Marsal as financial advisor. Epiq Bankruptcy Solutions is the claims and noticing agent. Milbank LLP serves as counsel to certain investment funds and accounts managed by affiliates of Apollo Capital Management, L.P. while White & Case, LLP and Arnold & Porter Kaye Scholer, LLP serve as counsels to Beal Bank USA and the U.S. Department of the Treasury, respectively. On Aug. 16, 2023, the U.S. Trustee for Region 3 appointed an official committee of unsecured creditors in the Chapter 11 cases. The committee tapped Akin Gump Strauss Hauer & Feld, LLP and Benesch, Friedlander, Coplan & Aronoff, LLP as counsels; Miller Buckfire as investment banker; and Huron Consulting Services, LLC, as financial advisor. ********* On Thursdays, the TCR delivers a list of recently filed Chapter 11 cases involving less than $1,000,000 in assets and liabilities delivered to nation's bankruptcy courts. The list includes links to freely downloadable images of these small-dollar petitions in Acrobat PDF format. Each Friday's edition of the TCR includes a review about a book of interest to troubled company professionals. All titles are available at your local bookstore or through Amazon.com. Go to http://www.bankrupt.com/books/to order any title today. Monthly Operating Reports are summarized in every Saturday edition of the TCR. The Sunday TCR delivers securitization rating news from the week then-ending. TCR subscribers have free access to our on-line news archive. Point your Web browser to http://TCRresources.bankrupt.com/and use the e-mail address to which your TCR is delivered to login. ********* S U B S C R I P T I O N I N F O R M A T I O N Troubled Company Reporter is a daily newsletter co-published by Bankruptcy Creditors Service, Inc., Fairless Hills, Pennsylvania, USA, and Beard Group, Inc., Philadelphia, Pa., USA. Randy Antoni, Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine Tumanda, Joel Anthony G. Lopez, Psyche A. Castillon, Ivy B. Magdadaro, Carlo Fernandez, Christopher G. Patalinghug, and Peter A. Chapman, Editors. Copyright 2026. All rights reserved. ISSN: 1520-9474. This material is copyrighted and any commercial use, resale or publication in any form (including e-mail forwarding, electronic re-mailing and photocopying) is strictly prohibited without prior written permission of the publishers. Information contained herein is obtained from sources believed to be reliable, but is not guaranteed. The single-user TCR subscription rate is $1,400 for six months or $2,350 for twelve months, delivered via e-mail. Additional e-mail subscriptions for members of the same firm for the term of the initial subscription or balance thereof are $25 each per half-year or $50 annually. For subscription information, contact Peter A. Chapman at 215-945-7000. *** End of Transmission ***