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260603.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, June 3, 2026, Vol. 30, No. 154 Headlines 11026 OXNARD: Hires Ure Law Firm as General Bankruptcy Counsel 1251 FOURTH STREET: Hires Newmark Pacific as Real Estate Broker 2525 HOWELLS: Initiates Chapter 7 Bankruptcy in New York 3220 S FISKE BLVD: Court Extends Cash Collateral Access to July 7 3389 COUNTRY: Unsecureds to be Paid in Full in 60 Months 48 OSPRAY: Starts Chapter 7 Bankruptcy in South Carolina 52 SALEM: Claims Will be Paid from Property Sale/Refinance AAA GARAGE: Seeks to Hire Bordeaux Law as Bankruptcy Counsel ABEN GREMAL: Voluntary Chapter 11 Case Summary ADVANTECH INC: Angela Shortall Named Subchapter V Trustee AGUILA INVESTMENTS: Claims to be Paid from Income AKIBAZ LLC: Hires Messerli Kramer P.A as Attorney ALEXCO-USA INC: Hires Law Offices of Michael Berger as Counsel ANR INSULATION: Gets OK to Use Cash Collateral Until August 28 AQUABOUNTY TECHNOLOGIES: Investment Pte. Ltd Holds 6.2% Stake ARA GOODS: Seeks Chapter 7 Bankruptcy in New York ARTELLA SOLUTIONS: Claims to be Paid from Asset Sale Proceeds ARTM2 LLC: Case Summary & Three Unsecured Creditors ASHFORD HOSPITALITY: Unit Completes $37.75M Sale of Lakeway Resort ATA 2025: Case Summary & Two Unsecured Creditors AVIAN PARTNERS: Case Summary & Three Unsecured Creditors AZUL SA: Wants to Block Creditors in Brazil Under Chapter 11 Plan BESTWALL LLC: Justices Reject 'Texas Two-Step' Appeal BLUE STAR FOODS: Net Loss Narrows to $3.6M in FY2025; Doubt Remains BOG TRANSPORT: Starts Chapter 7 Bankruptcy in Washington BOOST EXPRESS: Commences Chapter 7 Bankruptcy in Illinois BOTTOM LINE BUSINESS: Commences Chapter 7 Bankruptcy in Washington BOWERY SHED: Samuel Dawidowicz Named Subchapter V Trustee C & C SECURITY: Hires Robert Goldstein as Bankruptcy Attorney CADUCEUS PHYSICIANS: Fine-Tunes Plan Documents CHRISTMAN CABLE: Taps Pakis Giotes Burleson & Deaconson as Counsel CHURCH INTERNATIONAL: Gets Interim OK to Use Cash Collateral CLEARSEA CORP: Hires Homel Antonio Mercado Justiniano as Counsel COAST TO COAST: Cash Collateral Hearing Set for June 30 COMMUNITY AUTOMOTIVE: Seeks to Hire Richmond Hill PLLC as Counsel CURIS INC: Shareholders OK All Five Key Proposals at Annual Meeting D.K.A. ONE: Seeks to Hire Jones Walker LLP as Counsel DALRADA TECHNOLOGY: Reports $4.3 Million Net Loss in Fiscal Q3 DAVIS KITCHEN: Gets Interim OK to Use Cash Collateral DINOSAUR RIDGE: Hires Kutner Brinen Dickey Riley P.C. as Counsel DP LOUISIANA: Court Extends Cash Collateral Access to June 24 DYNAMIC AUTO: Hires Jose M Prieto Carballo as Legal Counsel DYNAMIC TRANSPORT: Court Extends Cash Collateral Access to June 10 EAD CONSTRUCTORS: Creditors to Get Proceeds from Liquidation ENDO INT'L: Judge Allows Trust’s $4.1B Claim Against TPG to Proceed ENVELOPE 1 INC: Gets Extension to Access Cash Collateral EVERGREEN BUILDING: Case Summary & 20 Largest Unsecured Creditors EXECUTIVE DEVELOPMENT: Claims to be Paid from Continued Operations EXECUTIVE DEVELOPMENT: Hearing Today on Bid to Use Cash Collateral FAIR OFFER: Dyersburg Property Sale to Larry T. & L. A. Rogers OK'd FAT BRANDS: Wins Approval to Advance Post-Sale Chapter 11 Plan FINLO CORPORATION: Gets Interim OK to Use Cash Collateral FINLO CORPORATION: Norman Rouse Named Subchapter V Trustee FIRST BRANDS: Amends ABL Secured Claims Pay FORTUNATO'S ITALIAN: Gets Interim OK to Use Cash Collateral GENERATIONS ON 1ST: Creditor Trust & Sale Proceeds to Fund Plan GEORGE AVE 2: Case Summary & One Unsecured Creditor GLACIER CAR: Gets Final OK to Use Cash Collateral GREEK FREEK: Hires Law Office of Mark J. Giunta as Counsel GREEN SAPPHIRE: Hires Clark Hill PLC as Litigation Counsel GROUND WEST: Gets Interim OK to Use Cash Collateral GULF SOUTH: Case Summary & 12 Unsecured Creditors GUNTER LAND: Seeks to Tap Ellis Eppich Schafer Jones as Counsel HARVEST SHERWOOD: Unsecureds to Get Share of Liquidating Trust HIDDEN VALLEY: Gary Murphey Named Subchapter V Trustee INNOVATIVE INDUSTRIAL: A.G.P. Provides $20MM Loan Due October 2026 INSPIREMD INC: Director Paul Stuka Will Not Stand for Reelection INTERNATIONAL UNION: Hires Sugarman Susskind as Special Counsel IRONNET INC: Still Faces Funding Gap to Close Chapter 11 Case ISLAND GASTROENTEROLOGY: Gets Extension to Access Cash Collateral ISLAND GASTROENTEROLOGY: Plan Exclusivity Extended to Sept. 11 JAGUAR HEALTH: Swaps Series Q Preferred Shares for Common Shares JASNIA REALTY: Court to Hear FCU Stay Motion on June 25 KENTUCKY ONLINE: Gets Interim OK to Use Cash Collateral LAKE COUNTY: Hearing Today on Bid to Use Cash Collateral LEACH PAINTING: Hires Udall Shumway PLC as Bankruptcy Counsel LELAND HOUSE: Detroit Property Sale to Mudhish Development OK'd LIFE LINE: Melissa Haselden Named Subchapter V Trustee LINDSLEY EXCAVATING: Gets Extension to Access Cash Collateral LIVECONNECTIONS.ORG: Gets Extension to Access Cash Collateral LUGANO DIAMONDS: Court Clears $10.5MM Diamond Insurance Transfer M & M BUCKLEY: Court Extends Cash Collateral Access to July 2 MADIJAC LLC: Cash Collateral Hearing Set for June 11 MEGA KYON: Hires Paul E. Saperstein Co. Inc. as Appraiser MERCER INTERNATIONAL: Peter Kellogg Holds 37.9% Equity Stake MICHELOBOS RESTAURANT: Seeks to Hire Offit Kurman as Counsel MIDDLETON CONSTRUCTION: July 16 Plan Confirmation Hearing Set MILNER SPORTS: Gets Final OK to Use Cash Collateral MIZELL MEMORIAL: Seeks to Hire Draffin & Tucker as Accountant MJS MATERIALS: Unsecureds Will Get 37.3% of Claims over 36 Months MOCAR ENTERPRISES: Seeks to Hire Farinash & Stofan as Counsel NANO PHARMACEUTICAL: Gets Interim OK to Use Cash Collateral NEOTEK INC: Gets Interim OK to Use Cash Collateral NEUROONE MEDICAL: Q1 2026 10-Q to Be Restated on Revenue Error NEW HOPE: Seeks to Hire Hirschler Fleischer as Bankruptcy Counsel NOBLE LIFE: Court Extends Cash Collateral Access to June 30 NORTH AMERICA DESTINATIONS: Court Denies Bid to Use Cash Collateral O'BRIEN ENERGY: Hires Drummond Woodsum as Bankruptcy Counsel O'BRIEN ENERGY: Taps Jason Mills of BCM Advisory Group as CRO OFFICE PROPERTIES: FY2025 Net Loss Doubles to $272.4 Million OFFICE PROPERTIES: Posts $93.02M Net Loss in Q1 Amid Ongoing Ch. 11 OHIO LUXURY: Seeks to Hire Charles Tyler Sr. as Counsel OMNI HEALTH: Gets Extension to Access Cash Collateral OSTENDO TECHNOLOGIES: Gets OK to Use Cash Collateral OUACHITA COUNTY MEDICAL: Committee Taps Hall Estill as Attorney PALM BEACH: Hires Michael A. Lampert PA as Special Counsel PIZZAHQ NJ 1: Unsecured Creditors to Split $280K over 60 Months POLAR POWER: Board OKs Keith Albrecht's Rescinded Resignation POLAR POWER: Pays $755K, Regains HQ Access After May 19 Eviction POLAR POWER: Signs Dual Note Deal and MCC Restructuring Agreement POLAR POWER: Terminates Stone Brothers Revolving Loan Agreement PRESTIGE HEALTHCARE: Gets Extension to Access Cash Collateral REBORN COFFEE: Going Concern Persists Despite Narrowing Q1 Net Loss RENPRO LLC: Wins Interim Cash Collateral Access ROSSLYN2016 LLC: Court OKs Morgan Stanley Settlement Agreement ROUTE 2 LLC: Case Summary & Nine Unsecured Creditors ROYAL BLUE REALTY: Gets Extension to Access Cash Collateral SA POOL: Hires West & West Attorneys at Law PC as Counsel SB TRANSPORTATION: Gets Interim OK to Use Cash Collateral SCREEN REPAIR: Gets Interim OK to Use Cash Collateral SELECTIS HEALTH: Swings to $6.5 Million Net Income in Q1 2026 SMART COUNSELING: Gets Interim OK to Use Cash Collateral SPINNAKER JUPITER: Case Summary & 18 Unsecured Creditors SPINNAKER PSL: Case Summary & 20 Largest Unsecured Creditors SPINNAKER VERO: Case Summary & 20 Largest Unsecured Creditors SPIRIT AIRLINES: Aims to Keep Execs with Bonuses During Wind-Down STANDARD FREIGHT: Cash Collateral Hearing Set for June 23 SWAHILI VILLAGE: Hires Tydings & Rosenberg LLP as Attorneys TOWN PHARMACY: Voluntary Chapter 11 Case Summary TPD DESIGN: Court OKs Creative Business Sale to Oslo Blue TPI COMPOSITES: Plan Exclusivity Period Extended to July 17 TRIMONT ENERGY GIB: Gets Extension to Access Cash Collateral TRIMONT ENERGY LIMITED: Gets Extension to Access Cash Collateral TRIMONT ENERGY NOW: Gets Extension to Access Cash Collateral TRIPLE CROWN: Unsecureds Will Get 31.70% of Claims in Plan TRM NRE: Seeks to Hire Bayard P.A. as Co-Counsel TRM NRE: Seeks to Hire Stretto Inc. as Administrative Advisor TRUTANKLESS INC: Loss Narrows to $4.8M in FY25; Going Concern Stays TURK INDUSTRIES: Tamara Miles Ogier Named Subchapter V Trustee UBA BROCKTON: Court Extends Cash Collateral Access to July 30 V820JACKSON LLC: Amends Strategic Unsecured Claims Pay Details VERITONE INC: Signs $50M ATM Facility With UBS, 2 Others VOLITIONRX LTD: Lind Waives Market Cap Covenant Breach on Two Notes WEST SEATTLE: Gets Final OK to Use Cash Collateral WHITNEY OIL & GAS: Gets Extension to Access Cash Collateral WILFONG HOSPITALITY: Case Summary & 20 Top Unsecured Creditors WILSON 1350: Commences Chapter 11 Bankruptcy in Puerto Rico ZHL SERVICES: Cash Collateral Hearing Set for June 23 ZOE CENTER: Gets Interim OK to Use Cash Collateral ********* 11026 OXNARD: Hires Ure Law Firm as General Bankruptcy Counsel -------------------------------------------------------------- 11026 Oxnard LLC seeks approval from the U.S. Bankruptcy Court for the Central District of California to hire Ure Law Firm to serve as general bankruptcy counsel. The firm will provide these services: (a) advise the Debtor regarding matters of bankruptcy law and concerning the requirements of the Bankruptcy Code and Bankruptcy Rules relating to the administration of the case and operation of the Debtor's estate as a debtor-in-possession; (b) represent the Debtor in proceedings and hearings in the court involving matters of bankruptcy law; (c) assist in compliance with the requirements of the Office of the United States Trustee; (d) provide legal advice and assistance with respect to the Debtor's powers and duties in the continued operation of the Debtor's business and management of property of the estate; (e) assist in the administration of the estate's assets and liabilities; (f) prepare necessary applications, answers, motions, orders, reports, and other legal documents on behalf of the Debtor; (g) assist in the collection of accounts receivable and other claims and resolve claims against the estate; (h) provide advice concerning the claims of secured and unsecured creditors, including prosecution and/or defense of actions; and (i) prepare, negotiate, prosecute, and attain confirmation of a plan of reorganization. The firm will be paid at these rates: Thomas B. Ure $495 per hour Associates $395 per hour Paralegals $295 per hour Law clerks $195 per hour The firm received a retainer in the amount of $15,000. The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Thomas B. Ure, Esq., disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Thomas B. Ure, Esq. Ure Law Firm 8280 Florence Avenue, Suite 200 Downey, CA 90240 Tel: (213) 202-6070 Fax: (213) 202-6075 About 11026 Oxnard LLC 11026 Oxnard LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. C.D. Cal. Case No. 26-14455) on May 5, 2026, listing $1 million to $10 million in both assets and liabilities. The petition was signed by Sheryl Patrice Petway Joseph as managing member. Judge Vincent P Zurzolo presides over the case. Thomas B. Ure, Esq. at URE LAW FIRM serves as the Debtor's counsel. 1251 FOURTH STREET: Hires Newmark Pacific as Real Estate Broker --------------------------------------------------------------- 1251 Fourth Street Investors, LLC seeks approval from the U.S. Bankruptcy Court for the Central District of California to hire Newmark Pacific, Inc. as its real estate broker. The broker will assist the Debtor in the marketing and sale of real property located at 1255 Fourth Street, Santa Monica, California. The broker will be paid a commission in an amount equal to 1.5% of the gross sale price. Logan Beitler, an agent with Newmark Pacific, assured the court that his firm is a disinterested person as that term is defined in 11 U.S.C. Sec. 101(14) and used in 11 U.S.C. Sec. 327(a). The firm can be reached through: Logan Beitler Newmark Pacific, Inc. 125 Park Avenue New York 10017 Tel: (212) 372-2000 About 1251 Fourth Street Investors LLC Fourth Street Investors LLC is a single asset real estate company. The Debtor commenced its Chapter 11 case (Bankr. C.D. Cal. Case No. 25-20294) on November 18, 2025. Its petition reflects estimated assets and debts in the $10 million-$50 million range. Honorable Bankruptcy Judge Julia W. Brand presides over the case. The Debtor is represented by Gary E. Klausner, Esq., Levene, Neale, Bender, Yoo & Golubchik L.L.P. 2525 HOWELLS: Initiates Chapter 7 Bankruptcy in New York -------------------------------------------------------- On May 27, 2026, 2525 Howells Rd LLC filed for Chapter 7 protection in the U.S. Bankruptcy Court for the Eastern District of New York. According to court filings, the Debtor reports between $1 million and $10 million in debt owed to between 1 and 49 creditors. About 2525 Howells Rd LLC 2525 Howells Rd LLC is a real estate holding company engaged in the ownership, management, and investment of commercial or residential property assets. 2525 Howells Rd LLC sought relief under Chapter 7 of the U.S. Bankruptcy Code (Bankr. Case No. 26-72116) on May 27, 2026. In its petition, the Debtor reports estimated assets of $100,001 to $1 million and estimated liabilities of $1 million to $10 million. Honorable Bankruptcy Judge Alan S. Trust handles the case. 3220 S FISKE BLVD: Court Extends Cash Collateral Access to July 7 ----------------------------------------------------------------- 3220 S Fiske Blvd, LLC received another extension from the U.S. Bankruptcy Court for the Middle District of Florida, Orlando Division, to use cash collateral. At the recently held hearing, the court authorized the Debtor's continued use of cash collateral to pay its expenses through the next hearing on July 7. As adequate protection, the Debtor offers secured creditors post-petition replacement liens on cash collateral, with the same validity, priority, and extent as their pre-petition liens. Additional safeguards include liability and casualty insurance and filing of biweekly reports on receipts and cash balances. The Debtor's cash collateral is comprised of cash on hand and funds to be received through the continued operation of its business. As of the petition date, the Debtor estimates the value of its cash collateral (consisting of cash on hand) is approximately $55.51; accounts receivable of approximately $14,000 monthly; and future payments from incoming guests at its extended stay motel in Rockledge, Florida. Subject to defenses and offsets, Irock Loans, LLC may assert claims secured by a lien on the cash collateral. About 3220 S Fiske Blvd LLC 3220 S Fiske Blvd, LLC, doing business as Rockledge Extended Stay, operates an extended-stay hotel in Rockledge, Florida. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-01242) on Feb. 24, 2026, with $1 million to $10 million in assets and liabilities. Raffaello Ciciola, manager, signed the petition. Andrew S. Ballentine, Esq. at Nardella & Nardella, PLLC represents the Debtor as legal counsel. 3389 COUNTRY: Unsecureds to be Paid in Full in 60 Months -------------------------------------------------------- 3389 Country Club LLC filed with the U.S. Bankruptcy Court for the Central District of California a Disclosure Statement describing Plan of Reorganization dated May 20, 2026. The Debtor was formed on February 18, 2025, as a California limited liability company, for the purpose of owning and managing real estate. Hasmik Rose Alexanyan is the Debtor's sole and managing member. In May of 2017, a family friend, Salkhorian Pogus, assisted Mrs. Alexanyan with the purchase of the property, for loan qualification purposes only. At that time, there was only one mortgage on the property, a construction loan held by Allied Lending Group in the amount of $1,450,000. Mrs. Alexanyan has resided at the property with her family since May 2017. In February 2025, in reliance on the representations and advice of Greg Mkrtchyan, a highly recommended and allegedly experienced real estate broker, Mrs. Alexanyan formed the Debtor and obtained a new junior refinance mortgage (to only pay off Willow Tree) against the property from O.K. LLC in the amount of $600,000, this was a hard money loan with a maturity date of March 1, 2026. The property was transferred to the Debtor during this process. On February 25, 2026, the Debtor and Mrs. Alexanyan filed a lawsuit against The Estate of Greg Mrkchyan, LA Holdings, Lamont Abrami, Loudvik Abrami, Prime Capital Group Inc., Chicago Title Inc., and Strategic Worldwide Solutions LLC in the Superior Court of California, County of Los Angeles (Case No. 26STCV03220) asserting fraud, breach of contract, slander of title, to set aside July 18, 2025 Deed of Trust, declaratory relief, violation of Business and Professions Code 172cO, violation of Penal Code §496, conversion, and quiet title. The Plan provides for payment to holders of allowed claims. The timing of Plan payments to particular creditor groups will depend upon their classification under the Plan. Class 8 consists of General Unsecured Claims. In the present case, the Debtor estimates that general unsecured debts total approximately $95,000. Claimants will be paid in full over 60 months at the current Federal Post-Judgment Interest Rate1 of 3.67%, or $1,736/month, beginning on the first day of the first month following the Effective Date. This Class is impaired. Class 9 consists of Interest Holders. The Debtor's member will retain her ownership interest in the Debtor. The Plan will be funded with contributions from the Debtor's principal and/or by a refinance loan or selling the Property; resolution of the litigation related to the fraudulent junior liens will impact this decision. A full-text copy of the Disclosure Statement dated May 20, 2026 is available at https://urlcurt.com/u?l=iGvn1P from PacerMonitor.com at no charge. Counsel to the Debtor: Roksana D. Moradi-Brovia, Esq. RHM Law LLP 17609 Ventura Blvd., Suite 314 Encino, CA 91316 Telephone: (818) 285-0100 Facsimile: (818) 855-7013 Email: roksana@RHMFirm.com About 3389 Country Club LLC 3389 Country Club LLC is a real estate holding company that owns a single-family property located in Glendale, California, specifically at 3389 Country Club Drive. 3389 Country Club LLC in Glendale, CA, sought relief under Chapter 11 of the Bankruptcy Code filed its voluntary petition for Chapter 11 protection (Bankr. C.D. Cal. Case No. 26-12481) on March 16, 2026, listing as much as $1 million to $10 million in both assets and liabilities. Hasmik Rose Alexanyan as managing member, signed the petition. Judge Barry Russell oversees the case. RHM LAW LLP serves as the Debtor's legal counsel. 48 OSPRAY: Starts Chapter 7 Bankruptcy in South Carolina -------------------------------------------------------- On May 27, 2026, 48 Ospray Circle, LLC filed for Chapter 7 protection in the U.S. Bankruptcy Court for the District of South Carolina. According to court filings, the Debtor reports between $1 million and $10 million in debt owed to between 1 and 49 creditors. About 48 Ospray Circle, LLC 48 Ospray Circle, LLC is a real estate holding company engaged in the ownership, management, and investment of residential or commercial property assets. 48 Ospray Circle, LLC sought relief under Chapter 7 of the U.S. Bankruptcy Code (Bankr. Case No. 26-02355) on May 27, 2026. In its petition, the Debtor reports estimated assets of $1 million to $10 million and estimated liabilities of $1 million to $10 million. Honorable Bankruptcy Judge Elisabetta G.M. Gasparini handles the case. The Debtor is represented by Kevin Campbell, Esq. 52 SALEM: Claims Will be Paid from Property Sale/Refinance ---------------------------------------------------------- 52 Salem Street LLC filed with the U.S. Bankruptcy Court for the District of Massachusetts a Disclosure Statement with respect to Plan of Reorganization dated May 20, 2026. The Debtor is a Massachusetts limited liability company formed in 2021 to acquire and operate real property. Contemporaneously with its formation, the Debtor purchased a certain piece of real property located at 52 Salem Street in Boston, Massachusetts (the "Property"). The Property is improved three story building which includes a restaurant, six residential units, and a commercial billboard. In late 2025 and early 2026, certain disputes arose between the Debtor and CCG Fund II LLC. CCG noticed a foreclosure auction of the Property for February 19, 2026. The Debtor sought, unsuccessfully, to resolve its disputes with CCG and to obtain alternative financing to satisfy the obligations under its loan from CCG. The Debtor commenced this chapter 11 proceeding on the day of the scheduled foreclosure auction in order to preserve the value of the Property and its other assets while it sought strategic or financial partners to recapitalize its business, refinance its operations, or acquire its assets. The Debtor's principal asset is the Property, including the improvements. The Debtor values the Property at approximately $8,500,000 based upon a professional valuation. The Debtor's only other assets on the Petition Date were accounts receivable of approximately $14,000 which have since been collected. The Debtor has been in negotiations with Broadfield Realty Capital for a re-financing of the Property. Broadfield has successfully refinanced several other properties owned by the Debtor's equity holder and related parties. The Debtor plans to refinance or sell the Property to fund payments to creditors under the Plan. The Debtor believes that the value of the Property substantially exceeds the amount of Allowed Claims. After payment of Secured, Administrative, Priority Claims, General Unsecured Claims, and payment of, or reservation for, the amounts necessary to administer the Plan, the balance of any sale proceeds will be distributed to the Debtor. Class 3 consists of General Unsecured Claims. The Debtor estimates that the total amount of Class 3 claims is less than $10,000 based upon the schedules of assets and liabilities filed in the case. In addition, there is the claim of Mortgage Works for amounts advanced to the Debtor during its chapter 11 case, which claim is subordinated to the claims of all other creditors and receive a distribution only after all other allowed claims against the Debtor are paid in full. Commencing upon the later of the 30th day following the Effective Date or such date as the Claim becomes an Allowed Claim, in full and complete satisfaction, settlement, release and discharge of the Allowed General Unsecured Claims, the holders of Allowed General Unsecured Claims shall receive payment of their Allowed General Unsecured Claims: (i) in Cash, (ii) from the Net Proceeds of the sale of the Property, (iii) in equal monthly installments for a period of six months following the Effective Date, (iv) upon such terms as is agreed to in writing between the Debtor and the holder of an Allowed Class 3 Claim, or (v) upon such terms as may be determined by the Bankruptcy Court. Allowed Class 3 Claims may be impaired and the holder of such Allowed General Unsecured Claims are entitled to vote to accept or reject the Plan. Class 4 consists of Equity Interests. Class 4 is presumed to be unimpaired under the Plan and is conclusively presumed to have accepted the Plan and is not entitled to vote to accept or reject the Plan on account of its Equity Interests. The Debtor retains its equity interests under the Plan and receives the remainder of the Assets, if any, after payment in full of all Allowed classified and unclassified claims in the Debtor's chapter 11 case. Confirmation of the Plan shall constitute authorization for the Debtor or the Reorganized Debtor to: (i) effectuate the Plan and to enter into all documents, instruments and agreements reasonably necessary to effectuate the terms of the Plan, and (ii) liquidate any Assets remaining after the Effective Date. The Debtor shall remain in existence as the Reorganized Debtor until dissolved pursuant to the Plan. The Assets shall vest in the Reorganized Debtor on the Effective Date. Except as may be expressly provided in the Plan or a Final Order of the Bankruptcy Court, no Assets shall be deemed abandoned and no defense, set-off, counterclaim or right of recoupment of the Debtor shall be deemed waived, released or compromised. A full-text copy of the Disclosure Statement dated May 20, 2026 is available at https://urlcurt.com/u?l=5Ktzbf from PacerMonitor.com at no charge. Counsel to the Debtor: Christopher M. Condon, Esq. BOWDITCH & DEWEY LLP 75 Federal Street Boston, MA 02110 Telephone: (617) 757-6513 E-mail: ccondon@bowditch.com About 52 Salem Street LLC 52 Salem Street LLC is a single asset real estate company. 52 Salem Street LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Mass. Case No. 26-10012) on Jan. 5, 2026. In its petition, the Debtor estimated assets of $1 million to $10 million and liabilities of $1 million to $10 million. Bankruptcy Judge Christopher J. Panos handles the case. Christopher M. Condon, at Bowditch & Dewey, LLP serves as the Debtor's counsel. AAA GARAGE: Seeks to Hire Bordeaux Law as Bankruptcy Counsel ------------------------------------------------------------ AAA Garage Storage Solutions, Inc. seeks approval from the U.S. Bankruptcy Court for the Central District of California to employ Bordeaux Law, P.C. as general bankruptcy counsel. The firm render these services: a. advice and assist regarding compliance with the requirements of the United States Trustee; b. advice regarding matters of bankruptcy law, including the rights and remedies of the Debtor with regard to its assets and with respect to the claims of creditors; c. advice regarding cash collateral and, if necessary, debtor-in-possession financing; d. review and analyze executory contracts and unexpired leases and advice regarding assumption, rejection, or assignment thereof; e. assist with the administration of the estate's assets and liabilities, including analysis and objection to claims as appropriate; f. prepare necessary applications, answers, motions, orders, reports, and other legal documents on behalf of the Debtor; g. advice and assist regarding compliance with all applicable reporting obligations, including the preparation and filing of monthly operating reports; h. assist with the negotiation, formulation, confirmation and implementation of a Chapter 11 plan of reorganization and accompanying disclosure statement; and i. appear in the Bankruptcy Court on behalf of the Debtor. The firm will be paid at these rates: Clifford Bordeaux $450 per hour Associate Attorney $300 per hour Kylie Clayton $150 per hour The firm received a retainer in the amount of $16,738. Clifford Bordeaux, Esq., an attorney at Bordeaux Law, P.C., 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: Clifford Bordeaux, Esq. Bordeaux Law, P.C. 1275 East Green Street Pasadena, CA 91106 Phone: (626) 788-9270 Email: cliff@bordeuxlaw.com About AAA Garage Storage Solutions Inc. AAA Garage Storage Solutions, Inc. operating as Organized Garage Solutions, is a Pasadena, California-based company that designs and installs residential garage organization systems. Founded around 2014, it provides custom cabinetry, shelving, slatwall systems, overhead storage, and garage floor coatings through in-home design consultations and full installation services. The company serves homeowners across the greater Los Angeles area, with operations centered on garage optimization projects aimed at improving storage efficiency and usable space. AAA Garage Storage Solutions sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 26-13911) on April 22, 2026, with up to $500,000 in assets and up to $10 million in liabilities. Varand Zadoorian, president of AAA Garage Storage Solutions, signed the petition. Judge Vincent P. Zurzolo oversees the case. Clifford Bordeaux, Esq., at Bordeaux Law, P.C., represents the Debtor as bankruptcy counsel. ABEN GREMAL: Voluntary Chapter 11 Case Summary ---------------------------------------------- Debtor: Aben Gremal LLC 5473 Blair Rd Dallas, TX 75231 Chapter 11 Petition Date: May 27, 2026 Court: United States Bankruptcy Court Northern District of Texas Case No.: 26-42282 Judge: Hon. Edward L Morris Debtor's Counsel: Joyce Lindauer, Esq. LINDAUER & VAUGHN 117 S. Dallas St. Ennis TX 75119 Tel: (972) 503-4033 E-mail: joyce@joycelindauer.com Estimated Assets: $10 million to $50 million Estimated Liabilities: $10 million to $50 million The petition was signed by Ken Goggans as manager. The Debtor submitted the required list of its 20 largest unsecured creditors, but provided no names. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/EVA6HSY/Aben_Gremal_LLC__txnbke-26-42282__0001.0.pdf?mcid=tGE4TAMA ADVANTECH INC: Angela Shortall Named Subchapter V Trustee --------------------------------------------------------- The Acting U.S. Trustee for Region 4 appointed Angela Shortall of Cubed Advisory Services, LLC as Subchapter V trustee for Advantech Inc. Ms. Shortall will be paid an hourly fee of $525 for her services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Ms. Shortall declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Angela L. Shortall 3Cubed Advisory Services, LLC 111 S. Calvert St., Suite 1400 Baltimore, MD 21202 Phone: 410-783-6385 About Advantech Inc. Advantech Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Md. Case No. 26-15431) on May 21, 2026, with $500,001 to $1 million in assets and $1,000,001 to $10 million in liabilities. Geri Lyons Chase, Esq. at the Law Office Of Geri Lyons Chase represents the Debtor as legal counsel. AGUILA INVESTMENTS: Claims to be Paid from Income ------------------------------------------------- Aguila Investments, LLC filed with the U.S. Bankruptcy Court for the Middle District of Florida a Third Amended Disclosure Statement describing Plan of Reorganization dated May 20, 2026. The Debtor was incorporated on August 8, 2016. The Debtor is engaged in the ownership and management of commercial real estate. The company has been in operation for more than eight years. The Debtor manages the rental pf real estate property located at 3200 W Hillsborough Ave, Tampa, FL 33614. As of the date of the Petition Date, Alexander Rodriguez Martin manages the business. Revenue is derived from Rent of $6,000.00 a month. Debtor rents the building to the tenant, the restaurant Aguilas Sandwich Shop which pays $6,000.00 a month either in cash or by transfer before and after petition was filed on June 10, 2024. The primary factor precipitating the Chapter 11 filing was due to a ballon payment on the mortgage debt with Valley National Bank. Debtor incurred a mortgage loan with Valley National Bank on April 13, 2018, in the amount of $425,000.00. Valley National Bank provided a mortgage of Five years with fifty-nine monthly payments of $3,490.96 each and a balloon payment of $323,951.11 due and payable in its entirety on April 13, 2023. Manager was verbally told by the representative of Valley National Bank that the mortgage was for thirty years. Due to Manager's lack of English Proficiency, he did not understand that a balloon payment needed to be paid in full by April 13, 2023.As a result, the Debtor had insufficient cash flow to timely pay this debt in full at the time of Maturity. Accordingly, the Debtor-in possession filed this Chapter 11 case in order to restructure its secured debt and obtain refinancing with Valley National Bank and/or any other finance institution. On or around April 15, 2026 by the Courts own Order Granting Debtor's Motion for entry of order (i) authorizing sale of real property free and clear of liens, claims, and encumbrances pursuant to Section 363(b) and 363(f) of the Bankruptcy Code in connection with chapter 11 plan the debtor in possession has sold the property to Glez Holdings, LLC. Under this Plan and section 363 of the Bankruptcy Code. Following the sale, the Debtor shall not own the Property. Instead, the Debtor shall continue operating from the Property as tenant pursuant to a leaseback from Glez Holdings, LLC, as the new owner and lessor, together with an option to repurchase the Property on the terms set forth in the Fourth Amended Plan. Projections reflecting how the Plan will be feasibly consummated: The plan seeks a reorganization that effectuates a Sale Transaction of the Property to Glez Holdings, LLC, or its permitted assignee, under this Plan and section 363 of the Bankruptcy Code. Upon closing, Glez Holdings, LLC shall become the owner of the Property, and the Debtor shall rent the Property from Glez Holdings, LLC pursuant to the Leaseback. The Debtor shall continue its business operations from the Property as tenant and shall retain an Option to Repurchase the Property as provided in this Plan and in the Plan Supplement. Pursuant to the Plan, each Holder of an Allowed Unsecured Claim shall receive, on account of such Allowed Claim, a Pro Rata Distribution of Cash from the Plan Trust. To the extent the Holder of an Allowed General Unsecured Claim receives less than full payment on account of such Claim, the Holder of such Claim may be entitled to assert a bad debt deduction or worthless security deduction with respect to such Allowed Unsecured Claim. To the extent that any amount received by a Holder of an Allowed Unsecured Claim under the Plan is attributable to accrued but unpaid interest and such amount has not previously been included in the Holder's gross income, such amount should be taxable to the Holder as ordinary interest income. Conversely, a Holder of an Allowed Unsecured Claim may be able to recognize a deductible loss (or, possibly, a write-off against a reserve for worthless debts) to the extent that any accrued interest on the debt instruments constituting such Claim was previously included in the Holder’s gross income but was not paid in full by the Debtors. Such loss may be ordinary, but the tax law is unclear on this point. The Debtor's Plan will be funded by the current and future income generated by its regular operations. A full-text copy of the Third Amended Disclosure Statement dated May 20, 2026 is available at https://urlcurt.com/u?l=NekIqR from PacerMonitor.com at no charge. Counsel to the Debtor: Gallo Law, P.A. Laura M. Gallo, Esq. 2815 W. Waters Ave Suite A Tampa, Florida 33614 Telephone #: (813) 530-8009 Facsimile #: (813) 515-7702 Email: Lgallo@gallolawfl.com About Aguila Investments Aguila Investments owns Aguila Sandwich Shop, a Tampa restaurant specializing in Cuban sandwich. Aguila Investments, LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 24-01126) on March 4, 2024, listing $1,471,406 in assets and $716,242 in liabilities. The petition was signed by Alexander Rodriguez Martin as manager. Judge Catherine Peek Mcewen presides over the case. Buddy D. Ford, Esq. at BUDDY D. FORD, P.A. represents the Debtor as counsel. AKIBAZ LLC: Hires Messerli Kramer P.A as Attorney ------------------------------------------------- Akibaz LLC seeks approval from the U.S. Bankruptcy Court for the District of Minnesota to employ Messerli Kramer P.A., as attorney. The firm will provide professional services to the Debtor in all matters relating to or which will arise out of and in the course of the administration of the Debtor's estate and for the benefit of the estate. The firm will be paid at these rates: David Tanabe $460 per hour Andrew Page $440 per hour The firm received a retainer in the amount of $16,000 for court filing fees and other expenses. The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. David M. Tanabe, Esq. of Messerli Kramer 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: David M. Tanabe, Esq. Messerli Kramer P.A., 50 S. 6th St., Suite 2300 Minneapolis, MN 55402 About Akibaz LLC Akibaz LLC, doing business as Wamatek, is an electronics retailer located in Eden Prairie, MN, that has operated since 2018. The company sells phones, computers, networking equipment, software, accessories, PC parts, home essentials, and pro business products. It also provides device- related services including recycling, phone trade-in, phone and computer repair, diagnostics, data backup and recovery, data migration, and device upgrades. Akibaz LLC, filed its voluntary petition for Chapter 11 protection (Bankr. D. Minn., Case No. 26-41647) on May 19, 2026, listing $290,734 in assets and $3,350,796 in liabilities. Vivi Majeste Wandji Nkaptouo as manager, signed the petition. Judge Hon. William J Fisher oversees the case. David Tanabe, Esq. of MESSERLI & KRAMER P.A. serve as the Debtor's legal counsel. ALEXCO-USA INC: Hires Law Offices of Michael Berger as Counsel -------------------------------------------------------------- Alexco-USA Inc seeks approval from the U.S. Bankruptcy Court for the Southern District of California to employ Law Offices of Michael Berger as counsel. The firm will provide these services: a. advise the debtor regarding matters of bankruptcy law and concerning the requirements of the Bankruptcy Code, and Bankruptcy Rules, and Bankruptcy Rules relating to the administration of this case, and the operation of the Debtor's estate as a debtor in possession; b. represent the Debtor in proceedings and hearings in the bankruptcy court; c. assist in compliance with the requirements of the Office of the United States Trustee; d. provide the Debtor legal advice and assistance with respects to the Debtor's powers and duties in the continued operation of the Debtor's business and management of property of the estate; e. assist the Debtor in the administration of the estate's assets and liabilities; f. prepare necessary applications, answers, motions, orders, reports, and/or other legal documents on behalf of the Debtor; g. advise Debtor concerning the requirements of the bankruptcy code and the rules relating to the administration of this case and the Debtor's duties as a debtor-in-possession in a Chapter 11 case; and h. assist Debtor in the preparation, negotiation, formulation, confirmation, prosecution, implementation and attain confirmation of a plan of reorganization. The firm will be paid at these rates: Michael Jay Berger $695 per hour Sofya Davtyan $645 per hour Kevin Ronk $595 per hour Laura Portillo $595 per hour Robert Poteete $475 per hour Senior Paralegal and Law Clerks $275 per hour Bankruptcy Paralegals $200 per hour On February 12, 2026, the firm receive a retainer in the amount of $25,000. On March 20, 2026, Debtor paid $1,738 as Chapter 11 filing fee. In addition, the firm will seek reimbursement for its out-of-pocket expenses. Mr. Berger, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Michael Jay Berger, Esq. Law Offices of Michael Jay Berger 9454 Wilshire Blvd. 6th Floor Beverly Hills, CA 90212 Telephone: (310) 271-6223 Facsimile: (310) 271-9805 About Alexco-USA Inc. Alexco-USA Inc. is a privately held company with limited publicly available information, potentially engaged in commercial or industrial operations. Alexco-USA Inc. sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-01810) on April 30, 2026. In its petition, the debtor reports estimated assets of $0 to $100,000 and estimated liabilities of $1 million to $10 million. The debtor is represented by Michael Jay Berger, Esq. of the Law Offices of Michael Jay Berger. ANR INSULATION: Gets OK to Use Cash Collateral Until August 28 -------------------------------------------------------------- The U.S. Bankruptcy Court for the District of Arizona entered a stipulated order authorizing ANR Insulation, LLC to continue using cash collateral through August 28. Under the order, the Debtor is authorized to use cash collateral solely for ordinary operating expenses in accordance with an approved budget, with a variance of up to 15% per week (except for taxes, which may be paid in full). Any underspending in one week may be carried forward to the next. As adequate protection, secured creditors including King Insulation of Arizona, LLC, Newtek Bank, Insulation Distributors, Inc., Lendistry, and merchant cash advance lenders will be granted replacement liens on post-petition assets, maintaining the same priority, validity, and extent as their pre-petition liens. Additionally, the Debtor must make monthly payments of $13,076.10 to Newtek, beginning June 10, 2026, subject to a short cure period in case of default. The Debtor is also required to provide weekly financial reporting, including cash receipts, disbursements, account balances, and budget variance reports. All parties' rights, claims and objections regarding the use of cash collateral are fully preserved. A continued hearing is scheduled for August 27, with objections due by August 13, 2026. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/Pe9ed from PacerMonitor.com. About ANR Insulation LLC ANR Insulation, LLC, doing business as King Insulation, provides thermal and sound insulation materials and services for residential, commercial, and industrial properties in Arizona. Since 1981, the Company has supplied insulation solutions that comply with local building codes and energy efficiency standards, serving homeowners, contractors, property managers, developers, and business owners across the state. Its offerings include installation and re-insulation for projects ranging from small residential additions to large commercial warehouses. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Ariz. Case No. 25-11784) on December 7, 2025. In the petition signed by Ricardo Caceres, president, the Debtor disclosed $3,666,410 in assets and $5,566,839 in liabilities. Judge Brenda K. Martin oversees the case. Christopher C. Simpson, Esq., at Osborn Maledon, P.A., represents the Debtor as legal counsel. AQUABOUNTY TECHNOLOGIES: Investment Pte. Ltd Holds 6.2% Stake ------------------------------------------------------------- Investment Pte. Ltd and Jiaming Li disclosed in a Schedule 13G filed with the U.S. Securities and Exchange Commission that as of April 7, 2026, each beneficially owns 337,355 shares of AquaBounty Technologies, Inc.'s Common Stock, par value $0.001 per share, each representing 6.2% of the 5,147,204 shares of Common Stock outstanding as of May 5, 2026, as disclosed in the issuer's Quarterly Report on Form 10-Q for the period ended March 31, 2026, filed with the U.S. Securities and Exchange Commission on May 7, 2026. The ownership consists of 337,355 shares of Common Stock issuable upon conversion of shares of Series A Convertible Preferred Stock, par value $0.01 per share, of the issuer held directly by About Investment Pte. Ltd and indirectly by Jiaming Li, conversions of which are subject to a beneficial ownership limitation provision contained in the issuer's Certificate of Designations of the Preferred Stock. About Investment Pte. Ltd may be reached through: Jiaming Li Chief Executive Officer and Executive Director 71 Robinson Road, Singapore, 068895 Tel: 86 13911238976 A full-text copy of About Investment Pte. Ltd's SEC report is available at: https://tinyurl.com/3m9w3yte About AquaBounty AquaBounty Technologies, Inc., headquartered in Harvard, Massachusetts, develops genetically engineered Atlantic salmon and previously operated farms in Indiana and Canada, which it has sold along with associated intellectual property, trademarks, and patents. Its primary remaining asset is the Ohio Farm Project in the U.S., consisting of land, construction in progress, and equipment. The Company is focused on realizing the potential of this asset through new investment, partnerships, or other strategic options. In its audit report dated March 31, 2026, Deloitte & Touche LLP issued a "going concern" qualification citing that the Company has limited operating assets and incurred cumulative net losses that raise substantial doubt about its ability to continue as a going concern. As of March 31, 2026, the Company had $10.2 million in total assets, $12.4 million in total liabilities, and $2.1 million in total stockholders' deficit. ARA GOODS: Seeks Chapter 7 Bankruptcy in New York ------------------------------------------------- On May 27, 2026, Ara Goods Inc. filed for Chapter 7 protection in the U.S. Bankruptcy Court for the Eastern District of New York. According to court filings, the Debtor reports between $100,001 and $1 million in debt owed to between 1 and 49 creditors. About Ara Goods Inc. Ara Goods Inc. is a consumer goods company engaged in the distribution, sale, and management of retail merchandise and related products. Ara Goods Inc. sought relief under Chapter 7 of the U.S. Bankruptcy Code (Bankr. Case No. 26-42557) on May 27, 2026. In its petition, the Debtor reports estimated assets of $100,001 to $1 million and estimated liabilities of $100,001 to $1 million. Honorable Bankruptcy Judge Jil Mazer-Marino handles the case. The Debtor's legal counsel was not identified in the available filing information. ARTELLA SOLUTIONS: Claims to be Paid from Asset Sale Proceeds ------------------------------------------------------------- Artella Solutions, Inc. filed with the U.S. Bankruptcy Court for the Southern District of Texas a Plan of Liquidation under Subchapter V dated May 20, 2026. Artella is a technology-enabled healthcare services company providing advanced remote cardiac monitoring ("RCM") solutions to healthcare providers, hospitals, and physician practices throughout the United States. The Debtor was formed on July 11, 2018 as Ramsey Medical Technologies, Inc., a Texas corporation. The Debtor subsequently amended its name to CorVitals of Texas, Inc. and later to Artella Solutions, Inc. on April 7, 2020. On September 30, 2021, the Debtor filed a Certificate of Merger combining Artella Solutions, Inc. and ArSol Acquisition Sub, Inc. under the Artella Solutions, Inc. name. The Debtor commenced this Chapter 11 Case on February 19, 2026 (the "Petition Date"). Since the Petition Date, the Debtor has continued to operate its remote cardiac monitoring business as a debtor-in-possession, serving patients and generating revenue under Court-approved cash collateral and DIP financing orders. Post-petition operations have been funded through: (a) revenue from ongoing patient monitoring services, which has averaged approximately $450,000 to $516,000 per month in gross billings; (b) the DIP Facility provided by Pulselayer. The Debtor's April 2026 operating report reflects gross revenue of $575,311.50 and net income of $35,409.37. The Debtor has received one viable purchase offer. Pulselayer, Inc. has submitted a Stalking Horse Bid. At the time this Plan was filed, the Stalking Horse Bid is the only firm bid received by the Debtor but is subject to higher and better offers. The Stalking Horse Bid was negotiated at arm's length. Mr. Magill, acting on behalf of the Debtor, conducted the negotiations with Pulselayer without participation on behalf of the Debtor from Mr. McNeil or any other conflicted party. The Debtor's independent directors, Mr. Otten and Mr. Jones, along with Mr. Womack, who is also an investor in CorMedica, reviewed and approved the Stalking Horse Bid on behalf of the Board. The 363 Sale process is open to higher and better bids, and the Bid Procedures provide for a competitive Auction open to any Qualified Bidder. For illustrative purposes, the Debtor has prepared Exhibit B which reflects various distribution scenarios in the event there are additional Qualified Bidders at the Auction. No bids have been received for the examples in Scenarios 2 and 3. The illustrative bids in Scenarios 2 and 3 are intended to demonstrate required bids that will provide equivalent distributions to Class 4 creditors. Scenario 1 reflects the estimated distribution to creditors if Pulselayer is the Winning Bidder with its current bid of Cash and claims waiver. Pulselayer has remitted a binding term sheet and proof of funding in connection with this bid. Scenario 2 reflects the estimated distribution to creditors if a third party is the Winning Bidder which is all Cash and the contracts with Flipside and Vendera are assumed. No bids have been received under this scenario. Scenario 3 reflects the estimated distribution to creditors if a third party is the Winning Bidder and the contracts with Flipside and Vendera are rejected. No bids have been received under this scenario. Class 4 consists of all Allowed General Unsecured Claims against the Debtor not otherwise classified, including, but not limited to, the claims of Flipside Media, Inc. and Vendera, Inc. d/b/a Vendera Mobile, which are included in Class 4 as general unsecured trade vendor claims; provided, however, that if Pulselayer is the Winning Bidder, 50% of each of the Flipside and Vendera prepetition claims are waived and released as part of the Stalking Horse Bid. Additionally, if Pulselayer is the Winning Bidder, Flipside and Vendera shall only receive a distribution from Class 4 based upon allowance of 50% of each respective Claim, and the Class 4 distribution pool shall be calculated accordingly (the "Flipside/Vendera Partial Waiver"). Class 4 is Impaired. Holders of Allowed Class 4 Claims shall receive, in full satisfaction of such Claims, a Pro Rata share of the Net Sale Proceeds and Net Litigation Proceeds available for Class 4 distribution, as calculated by the Wind-Down Agent pursuant to Article 8 of this Plan. Distributions shall be made as follows: * An initial distribution shall be made from the Net Sale Proceeds as soon as practicable after the Effective Date, in an amount determined by the Wind-Down Agent after establishing the Disputed Claims Reserve; * Subsequent distributions shall be made from A/R collections and Net Litigation Proceeds as such funds become available during the Wind-Down Period; * A final distribution shall be made upon resolution of all Disputed Class 4 Claims and determination of the final Allowed amounts of all Class 4 Claims; and * If and to the extent that Allowed Class 4 Claims are paid in full, without interest, any surplus Net Sale Proceeds or Net Litigation Proceeds shall be distributed pro rata to holders of Allowed Class 5 Claims, as set forth in Article 5.5 hereof. The primary means for execution of this Plan is the consummation of the 363 Sale of the Purchased Assets to the Winning Bidder pursuant to Sections 363(b), (f), and (m) of the Bankruptcy Code. All conditions to the Effective Date are conditions to the consummation of the 363 Sale. The proceeds of the 363 Sale, together with the Retained Assets, constitute the sole source of distributions to creditors under this Plan. The Plan is a liquidating plan. The Debtor will not engage in business operations after consummation of the 363 Sale. All retained accounts receivable and other assets not included in the 363 Sale will be collected and administered by the Wind-Down Agent through the Litigation Trust established hereunder. A full-text copy of the Liquidating Plan dated May 20, 2026 is available at https://urlcurt.com/u?l=TtD0cv from PacerMonitor.com at no charge. Counsel to the Debtor: MELISSA A. HASELDEN, Esq. ELYSE M. FARROW, Esq. HASELDEN FARROW PLLC 708 Main St., 10th Floor Houston, TX 77002 Tel: (832) 819-1149 Fax: (866) 405-6038 Email: mhaselden@haseldenfarrow.com efarrow@haseldenfarrow.com About Artella Solutions Inc. Artella Solutions, Inc., provides remote patient monitoring solutions focused on cardiac rhythm management. It is a Texas corporation and a wholly owned subsidiary of CorMedica Group, Inc. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-31092) on Feb. 19, 2026. In the petition signed by Patrick Magill, president, the Debtor disclosed up to $10 million in both assets and liabilities. Judge Jeffrey P. Norman oversees the case. Melissa A. Haselden, at Haselden Farrow, PLLC, is the Debtor's legal counsel. ARTM2 LLC: Case Summary & Three Unsecured Creditors --------------------------------------------------- Debtor: ARTM2, LLC 4117 West Pico Blvd. Los Angeles, CA 90019 Business Description: ARTM2, LLC owns a 7,000-square-foot commercial building at 4117 W. Pico Blvd. in Los Angeles. Chapter 11 Petition Date: May 27, 2026 Court: United States Bankruptcy Court Central District of California Case No.: 26-15271 Judge: Hon. Deborah J Saltzman Debtor's Counsel: Andrew S. Cho, Esq. LAW OFFICES OF ANDREW S. CHO 505 N. Euclid Street, Suite 560 Anaheim, CA 92801 Tel: 714-881-0009 Fax: 714-882-6915 Email: andrew@ascholaw.com Total Assets: $2,502,500 Total Liabilities: $3,243,302 The petition was signed by Gerald Young Park 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/GZAJI7Y/ARTM2_LLC__cacbke-26-15271__0001.0.pdf?mcid=tGE4TAMA ASHFORD HOSPITALITY: Unit Completes $37.75M Sale of Lakeway Resort ------------------------------------------------------------------ Ashford Hospitality Trust, Inc. disclosed in a regulatory filing that Ashford Lakeway LP, an indirect wholly owned subsidiary of the Company, completed the sale of the Lakeway Resort and Spa located in Austin, Texas pursuant to an Agreement of Purchase and Sale, dated as of February 10, 2026, as reinstated and amended by that certain Reinstatement and First Amendment to Agreement of Purchase and Sale, dated as of March 18, 2026, by and between Ashford Lakeway LP, as seller, and Trestle Studio LLC, as purchaser, for $37.75 million in cash, subject to customary pro-rations and adjustments. About Ashford Hospitality Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing predominantly in upper upscale, full-service hotels. Dallas, Texas-based BDO USA, P.C., the Company's auditor since 2015, issued a "going concern" qualification in its report dated March 20, 2026, attached to the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, citing that the Company has final debt maturities within one year from the date the financial statements are issued, which raise substantial doubt about its ability to continue as a going concern. As of March 31, 2026, Ashford had $2.6 billion in total assets, $3 billion in total liabilities, and a total stockholders' deficit of $695.2 million. As of March 31, 2026, the Company had total indebtedness of $2.4 billion included $2.2 billion of variable-rate debt. ATA 2025: Case Summary & Two Unsecured Creditors ------------------------------------------------ Debtor: ATA 2025, LLC 7454 Old Hickory Blvd Whites Creek, TN 37189 Business Description: ATA 2025, LLC is a transportation asset company that owns luxury entertainer coaches used in the touring and entertainment travel market. The company's fleet includes Prevost C-SS, S-DS, and X3-45 coaches. Chapter 11 Petition Date: May 27, 2026 Court: United States Bankruptcy Court Middle District of Tennessee Case No.: 26-02520 Judge: Hon. Randal S Mashburn Debtor's Counsel: Michael G. Abelow, Esq. SHERRARD ROE VOIGT & HARBISON, PLC 1600 West End Avenue Suite 1750 Nashville, TN 37203 Tel: (615) 742-4532 Email: mabelow@srvhlaw.com Total Assets: $8,125,142 Total Liabilities: $0 The petition was signed by Amanda Stophel as member. A full-text copy of the petition, which includes a list of the Debtor's two unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/XL4SHJY/ATA_2025_LLC__tnmbke-26-02520__0001.0.pdf?mcid=tGE4TAMA AVIAN PARTNERS: Case Summary & Three Unsecured Creditors -------------------------------------------------------- Debtor: Avian Partners LLC 2801 Pinole Valley Rd., Suite 210 Pinole, CA 94564 Business Description: Avian Partners LLC is a single-asset real estate company that owns an eight-unit multifamily apartment complex at 102-116 Avian Drive in Vallejo, California. Chapter 11 Petition Date: May 27, 2026 Court: United States Bankruptcy Court Northern District of California Case No.: 26-41098 Judge: Hon. William J Lafferty Debtor's Counsel: Peter N. Hadiaris, Esq. 100 E. St., Ste 210 Santa Rosa CA 95404 Tel: 415-694-0052 E-mail: peter@hadiaris.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Brian Baniqued 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/4HLFJWA/Avian_Partners_LLC__canbke-26-41098__0001.0.pdf?mcid=tGE4TAMA AZUL SA: Wants to Block Creditors in Brazil Under Chapter 11 Plan ----------------------------------------------------------------- Emlyn Cameron of Law360 Bankruptcy Authority reports that Azul SA returned to bankruptcy court seeking to block two creditors from continuing collection proceedings in Brazil, asserting that their claims were extinguished under the airline's confirmed Chapter 11 plan. The reorganized carrier argued that the creditors are attempting to circumvent the bankruptcy court's orders by pursuing remedies outside the United States. The airline told the court that the creditors participated in, or had adequate notice of, the restructuring process and are therefore subject to the plan's discharge provisions. Azul contends that any debts underlying the Brazilian actions were resolved through the Chapter 11 case and can no longer be enforced. To protect the integrity of its reorganization, Azul has requested that the bankruptcy court enforce the plan injunction and direct the creditors to cease their collection efforts. The case could test the reach of U.S. bankruptcy discharge protections when creditors seek to pursue claims in foreign jurisdictions, according to Law360. About Azul S.A. Headquartered in Barueri near the City of Sao Paulo, Brazil, Azul S.A. is a Brazilian airline founded by David Neeleman in 2008. The company is the largest airline in Brazil by number of cities covered and departures, serving more than 160 destinations with an operating fleet of 168 aircraft and operating more than 900 flights daily. Azul S.A. and affiliates sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 25-11176) on May 28, 2025, listing up to $10 billion in both assets and liabilities. Judge Sean H. Lane oversees the case. The Debtors tapped Davis Polk & Wardwell LLP and Togut, Segal & Segal LLP as counsel. On June 13, 2025, the United States Trustee for Region 2 appointed the Committee under section 1102 of the Bankruptcy Code. On December 19, 2025, Judge Lane entered an order confirming the company's overwhelmingly consensual plan of reorganization. On February 20, 2026, Azul completed its restructuring and emerged from bankruptcy. As reported in the Troubled Company Reporter-Latin America on March 17, 2026, Fitch Ratings has assigned Azul a final 'B-' Foreign and Local Currency Issuer Default Ratings (IDRs) and National Long-Term Rating of 'BBB-(bra)'. The Rating Outlook is Stable. Fitch has also assigned Azul Secured Finance LLP's senior secured USD1.375 billion exit finance notes a final 'B-' rating with a Recovery Rating of 'RR4'. These actions follow the completion of Azul's Chapter 11 process. BESTWALL LLC: Justices Reject 'Texas Two-Step' Appeal ----------------------------------------------------- Rick Archer of Law360 Bankruptcy Authority reports that the U.S. Supreme Court on Monday refused to review a challenge brought by asbestos claimants against the Chapter 11 proceedings of Bestwall LLC, a company formed through Georgia-Pacific's use of the Texas two-step restructuring strategy. The denial leaves standing prior court decisions that permitted the bankruptcy case to continue. Claimants argued that Bestwall's bankruptcy filing should be dismissed because the company was supported by substantial financial resources and therefore did not face the level of distress typically required for bankruptcy protection. They maintained that the restructuring served primarily to channel asbestos litigation into bankruptcy court and delay recoveries. With the Supreme Court declining to hear the appeal, Bestwall retains the ability to pursue a bankruptcy-based resolution of thousands of asbestos claims. The decision represents another setback for opponents of the Texas two-step approach and leaves unresolved broader debates over the strategy's role in mass-tort bankruptcies, the report states. About Bestwall LLC Bestwall LLC -- http://www.Bestwall.com/-- was created in an internal corporate restructuring and holds asbestos liabilities. Bestwall's asbestos liabilities relate primarily to joint systems products manufactured by Bestwall Gypsum Company, a company acquired by Georgia-Pacific in 1965. The former Bestwall Gypsum entity manufactured joint compounds containing small amounts of chrysotile asbestos; the manufacture of these asbestos-containing products ceased in 1977. Bestwall's non-debtor subsidiary, GP Industrial Plasters LLC ("PlasterCo"), develops, manufactures, sells and distributes gypsum plaster products, including gypsum floor underlayment, industrial plaster, metal casting plaster, industrial tooling plaster, dental plaster, medical plaster, arts and crafts plaster, pottery plaster and general purpose plaster. On Nov. 2, 2017, Bestwall sought Chapter 11 protection (Bankr. W.D.N.C. Case No. 17-31795) in an effort to equitably and permanently resolve all its current and future asbestos claims. The Debtor estimated assets and debt of $500 million to $1 billion. It has no funded indebtedness. The Hon. Laura T. Beyer is the case judge. The Debtor tapped Jones Day as bankruptcy counsel; Robinson, Bradshaw & Hinson, P.A., as local counsel; Schachter Harris, LLP as special litigation counsel for medicine science issues; King & Spalding as special counsel for asbestos matters; and Bates White, LLC, as asbestos consultants. Donlin Recano LLC is the claims and noticing agent. On Nov. 8, 2017, the U.S. bankruptcy administrator appointed an official committee of asbestos claimants in the Debtor's case. The committee retained Montgomery McCracken Walker & Rhoads, LLP as legal counsel; and Hamilton Stephens Steele + Martin, PLLC and JD Thompson Law as local counsel. On Feb. 22, 2018, the court approved the appointment of Sander L. Esserman as the future claimants' representative in the Debtor's case. Mr. Esserman tapped Young Conaway Stargatt & Taylor, LLP, as legal counsel; Hull & Chandler, P.A., as local counsel; Ankura Consulting Group, LLC, as claims evaluation consultant; and FTI Consulting, Inc., as financial advisor. BLUE STAR FOODS: Net Loss Narrows to $3.6M in FY2025; Doubt Remains ------------------------------------------------------------------- Blue Star Foods Corp. has filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The Company had a net loss of $3,582,512 for the year ended December 31, 2025 as compared to a net loss of $12,478,487 for the year ended December 31, 2024. Revenue for the year ended December 31, 2025 decreased 19.5% to $2,891,428 as compared to $3,593,881 for the year ended December 31, 2024 as a result of a decrease in poundage sold during the year ended December 31, 2025. Going Concern The report from the Company's independent registered public accounting firm GreenGrowth CPAs, for the year ended December 31, 2025, included an explanatory paragraph, dated May 22, 2026, stating that the Company has suffered recurring losses from operations and has a net capital deficiency that raises substantial doubt about its ability to continue as a going concern. The Company's ability to continue as a going concern is dependent upon the Company's ability to increase revenues, execute on its business plan to acquire complimentary companies, raise capital, and to continue to sustain adequate working capital to finance its operations. The failure to achieve the necessary levels of profitability and cash flows would be detrimental to the Company. Liquidity and Capital Resources The Company had cash of $14,436 as of December 31, 2025. At December 31, 2025, the Company has an accumulated deficit of $49,871,732 and working capital deficit of $2,528,067. The Company's primary sources of liquidity consisted of inventory of $404,979 and accounts receivable of $55,091 at December 31, 2025. The decrease in working capital was due primarily to decreases of inventory of $42,781 and accounts receivable of $294,550 netted against the change in fair value of convertible notes of $1,273,474 and increase of accrued compensation for $480,000. The Company has historically financed its operations through the cash flow generated from operations, loans from stockholders and other related parties as well as a working capital line of credit and the sale of equity in private offerings. Cash used in operating activities during the year ended December 31, 2025 was $674,560 as compared to cash used in operating activities of $6,195,893 for the year ended December 31, 2024, representing a decrease of $5,521,332. The decrease is primarily attributable to an increase in inventory of $24,012 netted against the increases in customer refunds of $76,177, accounts receivable netted against other current assets of $863,593, increase in payables netted against allowance for advances to affiliated suppliers of $130,056, decrease in inventory obsolescence of $2,141,991, and increase in loss of revaluation of fair value of convertible notes of $1,323,039 for the year ended December 31, 2025. Cash used in investing activities for the year ended December 31, 2025 was $9,914 as compared to $101,736 cash used in investing activities for the year ended December 31, 2024. The decrease was a result of less fixed asset purchases during the year ended December 31, 2025 compared to the year ended December 31, 2024. Cash provided by financing activities for the year ended December 31, 2025 was $443,334 as compared to cash provided by financing activities of $6,417,872 for the year ended December 31, 2024. This decrease is mainly attributable to proceeds from common stock offerings and proceeds from short-term loans. A full text copy of the Company's Form 10-K is available at https://tinyurl.com/avewnzmh About Blue Star Foods Corp. Blue Star Foods Corp., headquartered in Miami, Florida, is an international seafood company that imports, packages, and sells refrigerated pasteurized crab meat and other premium seafood products. The Company's current source of revenue is from importing blue and red swimming crab meat primarily from Indonesia, the Philippines, and China, and distributing it in the United States and Canada under several brand names such as Blue Star, Oceanica, Pacifika, Crab & Go, First Choice, Good Stuff, and Coastal Pride Fresh. The Company also distributes steelhead salmon and rainbow trout fingerlings produced under the brand name Little Cedar Farms for distribution in Canada. The Company sells primarily to food service distributors, wholesalers, retail establishments, and seafood distributors. As of December 31, 2025, the Company had $1,386,234 in total assets, $3,742,736 in total liabilities, and $2,356,502 in total stockholders' deficit. BOG TRANSPORT: Starts Chapter 7 Bankruptcy in Washington -------------------------------------------------------- On May 28, 2026, Bog Transport, LLC commenced a voluntary Chapter 7 bankruptcy case in the U.S. Bankruptcy Court for the Western District of Washington. Court records indicate that the Debtor has liabilities ranging from $100,001 to $1 million and between 1 and 49 creditors. About Bog Transport, LLC Bog Transport, LLC operates as a transportation company providing freight, logistics, and cargo management services to commercial customers. Bog Transport, LLC filed for liquidation under Chapter 7 of the Bankruptcy Code (Bankr. Case No. 26-41582) on May 28, 2026. The filing lists estimated assets between $100,001 and $1 million and estimated liabilities between $100,001 and $1 million. Honorable Bankruptcy Judge Timothy W. Dore is presiding over the case. The Debtor is represented by Thomas D. Neeleman, Esq., of Neeleman Law Group PC. BOOST EXPRESS: Commences Chapter 7 Bankruptcy in Illinois --------------------------------------------------------- On May 29, 2026, Boost Express Logistics, Inc. commenced a voluntary Chapter 7 bankruptcy case in the U.S. Bankruptcy Court for the Northern District of Illinois. Court records indicate that the Debtor has liabilities ranging from $100,001 to $1 million and between 1 and 49 creditors. About Boost Express Logistics, Inc. Boost Express Logistics, Inc. operates in the transportation and logistics sector, offering freight management, delivery, and distribution services. Boost Express Logistics, Inc. filed for liquidation under Chapter 7 of the Bankruptcy Code (Bankr. Case No. 26-09229) on May 29, 2026. The filing lists estimated assets between $0 and $100,000 and estimated liabilities between $100,001 and $1 million. The Debtor is represented by Thomas D. Neeleman, Esq., of Neeleman Law Group PC. BOTTOM LINE BUSINESS: Commences Chapter 7 Bankruptcy in Washington ------------------------------------------------------------------ On May 27, 2026, Bottom Line Business Trust filed for Chapter 7 protection in the U.S. Bankruptcy Court for the Eastern District of Washington. According to court filings, the Debtor reports between $100,001 and $1 million in debt owed to between 1 and 49 creditors. About Bottom Line Business Trust Bottom Line Business Trust is a business trust entity that holds and manages commercial assets, investments, and related business interests. Bottom Line Business Trust sought relief under Chapter 7 of the U.S. Bankruptcy Code (Bankr. Case No. 26-01050) on May 27, 2026. In its petition, the Debtor reports estimated assets of $100,001 to $1 million and estimated liabilities of $100,001 to $1 million. Honorable Bankruptcy Judge Frederick P. Corbit handles the case. BOWERY SHED: Samuel Dawidowicz Named Subchapter V Trustee --------------------------------------------------------- The U.S. Trustee for Region 2 appointed Samuel Dawidowicz as Subchapter V trustee for Bowery Shed LLC. Mr. Dawidowicz will be paid an hourly fee of $595 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Dawidowicz declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Samuel Dawidowicz 215 East 68th Street New York, NY 10065 Phone: (917) 679-0382 About Bowery Shed LLC Bowery Shed LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-11182) on May 19, 2026. In its petition, the Debtor reported between $1 million and $10 million in both assets and liabilities. Honorable Bankruptcy Judge John P. Mastando III handles the case. The Debtor is represented by Dawn Kirby of Kirby Aisner & Curley, LLP. C & C SECURITY: Hires Robert Goldstein as Bankruptcy Attorney ------------------------------------------------------------- C & C Security Patrol, Inc. seeks approval from the U.S. Bankruptcy Court for the Northern District of California to hire the Law Offices of Robert Goldstein as bankruptcy attorney. The firm will represent and continue to assist Debtor in administration of this Chapter 11 case. The firm will be paid at these hourly rates: Robert Goldstein, Attorney $600 Eduardo Gonzalez, Associate Attorney $500 Paraprofessional Keith Bryson $175 The firm received a retainer in the amount of $35,000. Law Offices of Robert Goldstein is a "disinterested person" within the meaning of 11 U.S.C. section 101(14), according to court filings. The firm can be reached through: Robert L. Goldstein, Esq. Law Offices of Robert Goldstein 100 Bush St., Suite 501 San Francisco, CA 94104 Phone: (415) 391-8700 (888) 829-3948 About C & C Security Patrol, Inc. C & C Security Patrol, Inc. filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Cal. Case No. 26-40766) on April 14, 2026, listing $1,000,001 - $10 million in both assets and liabilities. Judge William J Lafferty presides over the case. Robert L. Goldstein, Esq. at Law Offices Of Robert L. Goldstein serves as the Debtor's counsel. CADUCEUS PHYSICIANS: Fine-Tunes Plan Documents ---------------------------------------------- Caduceus Physicians Medical Group, a Professional Medical Corporation d/b/a Caduceus Medical Group, and Caduceus Medical Services, LLC submitted a Disclosure Statement describing Fourth Amended Liquidating Plan dated May 20, 2026. The Debtors' pursuit of funding or a sale transaction generated significant interest from parties with active medical practices in Orange County. However, to ensure that Debtors were prepared for a sale transaction, the chapter 11 cases were filed. The assets of the Estates include the Debtors Cash on hand as of the Effective Date, which will be transferred to the Liquidating Trust as of the Effective Date, any proceeds from the investment of such Cash, the Debtors' employee retention credit ("ERC"), which is projected to be about $1,884,476, and any Causes of Action and Avoidance Actions. Pre-petition, the Debtors' payroll provider, ADP, prepared and submitted a claim for the ERC to the Internal Revenue Service for CPMG. ADP vetted the ERC claim and advised that it should be paid in full. The length of time from submission to payment is approximately 12-14 months. Although it has now been approximately 20 months since the ERC claim was submitted, Debtors are informed that due to the 2025 federal government shutdown, payment of the ERC claim will be further delayed. In the past 45 days, counsel for the Debtors has developed a contact within the IRS and has inquired regarding the status of the ERC claim and payment. Counsel for the Debtors has provided the information and documentation requested by the IRS to obtain an estimate on timing of payment. Anecdotally, counsel has been told that the IRS is moving very slow in processing ERC funds. Pursuant to the Plan, the Debtors propose an orderly liquidation of their remaining assets. The Plan provides for the transfer all assets of the Debtors' Estates into a Liquidating Trust that will be administered by the Liquidating Trustee. The Liquidating Trustee will be responsible for administering and liquidating the assets, including the pursuit and resolution of any Causes of Action, and making distributions to creditors in accordance with the terms of the Plan and in accordance with the distributive priorities of the Bankruptcy Code and the Plan. The Debtors' assets will be transferred to the Liquidating Trust on the Effective Date of the Plan. Class 1 consists of General Unsecured Claims, including the unsecured deficiency claims of Despierta LLC, Austin Business Finance LLC dba Backd, LendSpark Corporation, and Rise Health Services, Inc. Entities known or believed by the Debtors to hold or otherwise assert Class 1 Claims are identified in Exhibit 2 to the Plan. Allowed Class 1 Claims will be transferred to the Liquidating Trust. Unless otherwise agreed by the Holder of a Class 1 Claim, each Holder of a Class 1 Claim will be paid pro rata from funds received by the Liquidating Trust after payment of U.S. Trustee Fees, Professional Fee Claims, Other Administrative Expense Claims, Priority Tax Claims, and the expense of administration of the Liquidating Trust. This Class shall receive Pro Rata share from funds received by the Liquidating Trust after payment of U.S. Trustee Fees, Professional Fee Claims, Administrative Expense Claims, Other Administrative Expense Claims, Priority Tax Claims, Class 1 Claims, and the expense of administration of the Liquidating Trust. Estimated recovery projected to be 1.3%. Based on the scheduled and filed claims in the case, it is expected that the total Allowed General Unsecured Claims will be approximately $6,154,448. The Debtors project that approximately $82,246 will be available to satisfy the Allowed Claims in Class 1 (General Unsecured Claims). The actual amount distributed to Holders of Class 1 General Unsecured Claims (and the timing any such distributions) will vary based on the assets recovered. Holders of Classes 2 and 3 Interests will not receive a distribution under the Plan. Although the Plan will become effective only on the Effective Date, on and after the Confirmation Date until the Effective Date, the Debtors shall take or cause to be taken all actions which are necessary to enable the Plan to become effective on the Effective Date and to implement and perform the Plan on and after the Effective Date. The Plan will be funded when the ERC funds have been received by the Debtors. A hearing before the Honorable Scott A. Clarkson, United States Bankruptcy Judge, has been scheduled for July 15, 2026 at 1:30 p.m., at the Bankruptcy Court, 411 West Fourth Street, Courtroom 5C, Santa Ana, California 92701-4593, to consider confirmation of the Plan (the "Confirmation Hearing"). Any objection to confirmation of the Plan must be filed with the Bankruptcy Court and served on counsel for the Debtors and all parties who have filed a notice of appearance by July 4, 2026. Unless an objection is timely filed and served, it may not be considered by the Bankruptcy Court. A full-text copy of the Disclosure Statement dated May 20, 2026 is available at https://urlcurt.com/u?l=2V9WyN from PacerMonitor.com at no charge. Counsel to the Debtors: David A. Wood, Esq. Matthew W. Grimshaw, Esq. Sarah R. Hasselberger, Esq. MARSHACK HAYS WOOD LLP 870 Roosevelt Irvine, CA 92620-3663 Tel: (949) 333-7777 Fax: (949) 333-7778 E-mail: dwood@marshackhays.com About Caduceus Physicians Medical Group Caduceus Physicians Medical Group, a Professional Medical Corporation, d/b/a Caduceus Medical Group, is a physician owned and managed multi-specialty medical group with locations in Yorba Linda, Anaheim, Orange, Irvine, and Laguna Beach. It specializes in primary care, pediatrics, and urgent care. Caduceus Physicians Medical Group and Caduceus Medical Services, LLC, filed Chapter 11 petitions (Bankr. C.D. Cal. Lead Case No. 24-11946) on August 1, 2024. The petitions were signed by CRO Howard Grobstein. At the time of the filing, Caduceus Physicians reported $1 million to $10 million in both assets and liabilities while Caduceus Medical reported up to $50,000 in both assets and liabilities. Judge Theodor Albert presides over the cases. David A. Wood, at Marshack Hays Wood, LLP, is the Debtors' legal counsel. CHRISTMAN CABLE: Taps Pakis Giotes Burleson & Deaconson as Counsel ------------------------------------------------------------------ Christman Cable Inc. seeks approval from the U.S. Bankruptcy Court for the Western District of Texas to hire Pakis Giotes Burleson & Deaconson, PC as its counsel. The firm will render these services: (a) assist the Debtor in preparation and filing of its schedules, Chapter 11 plan, and all other pleadings in this case; (b) attend 341 meeting and all other hearings held in this case; and (c) take all other action necessary to represent the Debtor in all other matters in this case. The firm will be paid at these hourly rates: David C. Alford $550 Partners $550 Associates $225 to $300 Support Staff $130 to $200 David Alford, Esq., the primary attorney in this representation, will be paid at his hourly rate of $475 plus expenses. The firm also received a retainer fee of $11,290. Mr. Alford disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: David C. Alford, Esq. Pakis Giotes Burleson & Deaconson, PC 400 Austin Ave. Waco, TX 76701 Telephone: (254) 3799720 Facsimile: (254) 297-9720 About Christman Cable Inc. Christman Cable, Inc., based in Belton, Texas, is a construction contractor specializing in communications cabling and underground utility services, including fiber optic and network infrastructure installation. Founded in 2013, the company serves projects in Central Texas. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 26-60352) on April 17, 2026. In the petition signed by James Christman, president, the Debtor disclosed $1,086,137 in total assets and $1,882,381 in total liabilities. Judge Michael M. Parker oversees the case. The Debtor is represented by David Alford, Esq. at Pakis Giotes Burleson & Deaconson, P.C. CHURCH INTERNATIONAL: Gets Interim OK to Use Cash Collateral ------------------------------------------------------------ The U.S. Bankruptcy Court for the Middle District of Florida, Jacksonville Division issued a third interim order authorizing The Church International, Inc. to use cash collateral. Under the third interim order, the Debtor is permitted to use cash collateral to pay necessary operating expenses, court-approved payments, and quarterly fees owed to the U.S. Trustee. The spending must follow a court-approved budget, although the Debtor may exceed each line item by up to 10% if needed. The Debtor may also use additional funds if written approval is obtained from the secured creditor, Biz 2 Credit. As part of the adequate protection measures, secured creditors will be granted replacement liens on post-petition cash collateral, with the same validity and priority as their pre-petition liens. The Debtor must also allow the secured creditor access to business records and premises for inspection and must maintain insurance coverage on its property according to its loan obligations. The order remains in effect on an interim basis until further court action, and a continued hearing is scheduled for July 30. The order is available at https://shorturl.at/91CBG from PacerMonitor.com. Church International estimates that its current cash and accounts receivable, limited to receivables less than 90 days old, total approximately $4,000. Although the Debtor co-signed the loan with West Jacksonville Restoration Center, Inc., that affiliated entity has been making the loan payments and will continue to do so during the Chapter 11 case. About The Church International Inc. The Church International Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-00622) on February 16, 2026, with $50,001 to $100,000 in assets and $100,001 to $500,000 in liabilities. Bryan K. Mickler, Esq., at Mickler & Mickler represents the Debtor as legal counsel. CLEARSEA CORP: Hires Homel Antonio Mercado Justiniano as Counsel ---------------------------------------------------------------- Clearsea Corp seeks approval from the U.S. Bankruptcy Court for the District of Puerto Rico to employ Antonio Mercado Justiniano, an attorney at law and resident of Mayaguez, Puerto Rico, as counsel. The firm will provide these services: a. prepare documents of the Debtor and other necessary information, including Schedules and Statement of Financial Affairs; b. prepare the Debtor's statements of organization, records and reports required by the Bankruptcy Code and the Federal Rules of Bankruptcy; c. prepare applications and proposed orders to be submitted to the Court; d. identify and prosecute claims and causes of action available to the Debtor-in-Possession on behalf of the estate; e. examine proofs of claim filed and to be filed in the case and prepare possible objections to such claims; f. advise the Debtor-in-Possession and prepare documents in connection with the ongoing operation of the Debtor; g. advise the Debtor-in-Possession and prepare documents in connection with the liquidation of the assets of the estate, if needed, including analysis and collection of outstanding receivables and possible motions for sale; and h. assist and guide the Debtor in the discharge of duties imposed by the Bankruptcy Code and the Federal Rules of Bankruptcy. dispositions of the Bankruptcy Code and the Federal Rules of Bankruptcy Procedure. Mr. Mercado Justiniano agreed on a flat fee base of $6,000 out of which the Debtor has already paid $4,000 and owes the remaining $2,000. The Debtor also paid the filing fee of $1,738. In addition, the professional will seek reimbursement for its out-of-pocket expenses. Mr. Mercado Justiniano, 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: Homel Antonio Mercado Justiniano, Esq. Mayaguez, PR 00680 Telephone: (787) 831-2577 (787) 805-2945 Facsimile: (787) 805-2545 Cell: (787) 364-3188 E-mail: hmjlaw2@gmail.com About Clearsea Corp Clearsea Corp filed a Chapter 11 bankruptcy petition (Bankr. D.P.R. Case No. 66-0987871) on May 20, 2026. The Debtor hires Homel Antonio Mercado Justiniano, Esq. as counsel. COAST TO COAST: Cash Collateral Hearing Set for June 30 ------------------------------------------------------- The U.S. Bankruptcy Court for the Southern District of Florida, West Palm Beach Division, is set to hold a hearing on June 30 to consider extending Coast to Coast Palm, LLC's authority to use cash collateral. The Debtor is currently authorized to use cash collateral pursuant to the court's April 29 interim order. This authorization remains in effect until further order of the court. Under the interim order, the Debtor is allowed to pay its expenses with cash collateral in accordance with its budget, which projects total monthly operational expenses of $50,703.04. The interim order granted lenders with a security interest in cash collateral post-petition lien on their collateral, with the same validity, priority and extent as their pre-petition liens. Several lenders and funding companies may hold liens on the Debtor's assets such as equipment, accounts, receivables, inventory and deposit accounts. These lenders include Advance Service Group, Ascentium Capital, Broadway Advance, Commercial Industrial Finance, Corporation Service Company, CT Corporation System, Dynamic Equities Funding, FCS Advisors, Ilend Advance, In Advance, Lend Bug, Newtek Bank, Secured Lender Solutions, Swiss Fund, and the U.S. Small Business Administration. As adequate protection, lenders with a security interest in cash collateral will be granted a perfected post-petition lien on the collateral, with the same validity, priority and extent as their pre-bankruptcy liens. About Coast to Coast Palm Coast to Coast Palm, LLC, doing business as Coast to Coast Linen, provides commercial linen and textile rental and laundering services, supplying items such as uniforms and linens to business customers. The company operates from West Palm Beach, Florida, serving clients in the surrounding South Florida region. It operates within the industrial laundry and linen supply services industry. Coast to Coast Palm sought protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-10247) on January 12, 2026. At the time of the filing, the Debtor listed between $100,001 and $500,000 in assets and between $1 million and $10 million in liabilities. Judge Mindy A. Mora oversees the case. Craig I. Kelley, Esq., at Kelley Kaplan Delaney & Eller, PLLC is the Debtor's legal counsel. COMMUNITY AUTOMOTIVE: Seeks to Hire Richmond Hill PLLC as Counsel ----------------------------------------------------------------- Community Automotive Repair, LLC seeks approval from the U.S. Bankruptcy Court for Western District of Washington to hire Richmond Hill PLLC as counsel. The firm's services include: a. assisting the Debtor in the investigation of the financial affairs of the estate; b. providing legal advice and assistance to the Debtor with respect to matters relating to this case and creditor distribution; c. preparing all pleadings necessary for proceedings arising under this case; and d. performing all necessary legal services for the estate in relation to this case. The firm will be paid at these rates: Karen Richmond, Esq. $350 an hour Paralegals $175 an hour Legal Assistants $90 an hour Richmond Hill PLLC will seek reimbursement for costs and expenses incurred in relation to representation of the estate. Richmond Hill received $2,000 into its IOLTA account on March 2, 2026. Karen Richmond, Esq., a counsel at Richmond Hill PLLC, assured the court that Richmond Hill PLLC is a "disinterested party" within the meaning of Section 101(14) of the Bankruptcy Code. The firm can be reached through: Karen Richmond, Esq. RICHMOND HILL PLLC 1521 SE Piperberry Way, Suite 135 Port Orchard, WA 98366 Tel: (360) 876-5015 Fax: (360) 895-1491 Email: karen@law-rh.com About Community Automotive Repair LLC Community Automotive Repair, LLC operates a small automotive repair business. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Wash. Case No. 26-10953-TWD) on March 27, 2026. In the petition signed by Gregory Hulse, owner, the Debtor disclosed up to $500,000 in both assets and liabilities. Judge Timothy W. Dore oversees the case. Karen E. Richmond, Esq., at Richmond Hill, PLLC, represents the Debtor as legal counsel. CURIS INC: Shareholders OK All Five Key Proposals at Annual Meeting ------------------------------------------------------------------- Curis, Inc. announced in a regulatory filing the final voting results from its Annual Meeting of Stockholders. At the Annual Meeting, the Company's stockholders voted on five proposals, each of which is described in the Company's definitive Proxy Statement for the Annual Meeting filed with the Securities and Exchange Commission on April 21, 2026. The voting results are: PROPOSAL 1. The following nominees were elected to the Board as Class III directors for terms of three years expiring at the Company's 2029 annual meeting of stockholders: 1. Martyn D. Greenacre * For: 20,415,639 * Withheld: 307,351 * Broker Non-Votes: 2,886,388 2. Kenneth I. Kaitin, Ph.D. * For: 20,520,545 * Withheld: 202,445 * Broker Non-Votes: 2,886,388 PROPOSAL 2. A nonbinding advisory proposal on the compensation of the Company's named executive officers was approved: * For: 16,379,076 * Against: 346,270 * Abstain: 3,997,644 * Broker Non-Votes: 2,886,388 PROPOSAL 3. The appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026 was ratified: * For: 23,513,646 * Against: 62,881 * Abstain: 32,851 * Broker Non-Votes: N/A PROPOSAL 4. The Company's stockholders adopted and approved an amendment to the Company's Restated Certificate of Incorporation, as amended, to increase the number of authorized shares of the Company's capital stock from 288,757,150 to 572,514,300 and the number of authorized shares of its common stock from 283,757,150 to 567,514,300. The additional shares of Common Stock authorized by the Certificate of Amendment has rights identical to the Company's currently outstanding common stock. The Company filed the Certificate of Amendment with the Secretary of State of the State of Delaware on May 19, 2026, which was effective upon filing. The full text copy of the Certificate of Amendment is available at https://tinyurl.com/4y9x4pf4 In addition, on May 19, 2026, the Company filed a Certificate of Elimination with the Secretary of State of the State of Delaware, which was effective upon filing, eliminating from the Company's Certificate of Incorporation, the Certificate of Designation with respect to the Company's Series A Convertible Exchangeable Preferred Stock and the Certificate of Designation with respect to the Company's Series B Convertible Non-Redeemable Preferred Stock. The shares of Series A Preferred Stock and Series B Preferred Stock have been returned to the status of authorized and unissued shares of preferred stock of the Company, without designation as to series. The full text copy of the Certificate of Elimination is available at https://tinyurl.com/53a7y5m2 * For: 21,649,122 * Against: 1,768,174 * Abstain: 192,082 * Broker Non-Votes: N/A PROPOSAL 5. The proposal to adjourn the Annual Meeting, if necessary, to solicit additional proxies in the event there are insufficient votes to approve Proposal 4 was approved: * For: 22,767,275 * Against: 774,603 * Abstain: 67,500 * Broker Non-Votes: N/A Although Proposal 5 was approved, an adjournment of the Annual Meeting was not necessary because the Company's stockholders approved Proposal 4. About Curis Lexington, Mass.-based Curis, Inc. is a biotechnology company focused on the development of emavusertib (CA-4948), an orally available, small molecule inhibitor of Interleukin-1 receptor associated kinase, or IRAK4. IRAK4 plays an essential role in the toll-like receptor, or TLR, and interleukin-1 receptor, or IL-1R, signaling pathways, which are frequently dysregulated in patients with Cancer. Boston, Mass.-based PricewaterhouseCoopers, the Company's auditor since 2002, issued a "going concern" qualification in its report dated March 24, 2026, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2025, citing that the Company has incurred recurring losses and cash outflows from operations that raise substantial doubt about its ability to continue as a going concern. As of March 31, 2026, the Company had $29.7 million in total assets, $17 million in total liabilities, and $12.7 million in total stockholders' equity. D.K.A. ONE: Seeks to Hire Jones Walker LLP as Counsel ----------------------------------------------------- D.K.A. One, L.L.C and its affiliates seek approval from the U.S. Bankruptcy Court for the Eastern District of Louisiana to employ Jones Walker LLP as counsel. The firm's services include: a. advising the Debtors with respect to the powers and duties as Debtors in possession in the continued management and operation of their businesses and property; b. advising and consulting on the conduct of the Chapter 11 Cases, including all of the legal and administrative requirements of operating in chapter 11; c. attending meetings and negotiations with representatives of creditors and other parties in interest in the Chapter 11 Cases; d. taking all necessary actions to protect and preserve the bankruptcy estates, including prosecuting actions belonging to the bankruptcy estates, defending any action commenced against the Debtors, and representing the Debtors in negotiations concerning the litigation in which the Debtors are involved, including objections to claims filed against the Debtors; e. preparing pleadings in connection with the Chapter 11 Cases, including motions, applications, answers, orders, reports, and papers necessary or otherwise beneficial to the administration of the Chapter 11 Cases; f. representing the Debtors in connection with obtaining authority to continue using cash collateral (if applicable) and (as necessary) to obtain post-petition financing; g. advising the Debtors in connection with any potential sale of assets; h. appearing before the Court, and any other courts (including courts in other jurisdictions and appellate courts), and administrative agencies to represent the interests of the Debtors; i. advising the Debtors regarding tax matters involving the Debtors; j. advising the Debtors in connection with corporate governance, transactional matters, other agreements with creditors and equity holders, the review and preparation of any necessary documents and agreements, and related actions; k. advising the Debtors on legal issues related to the Debtors' financial circumstances, including with respect to restructuring, financing, corporate, tax, litigation, mergers and acquisitions, and employment issues, as may be necessary or appropriate; l. advising the Debtors in connection with any disputes or litigation that may arise in connection with the Chapter 11 Cases, including with respect to the automatic stay, claims matters, the pursuit of claims by the Debtors against third parties, and otherwise; m. taking any necessary action on behalf of the Debtors to negotiate, prepare, and obtain approval of a disclosure statement and confirmation of a chapter 11 plan and all documents related thereto; n. performing all other necessary legal services for the Debtors in connection with the prosecution of the Chapter 11 Cases, including (i) analyzing the Debtors' leases and contracts and the assumption and assignment or rejection thereof; (ii) analyzing the validity of any liens against the Debtors' assets; and (iii) advising the Debtors on corporate and litigation matters involving the Debtors; and o. to the extent necessary to effectuate the Debtors' duties in the Chapter 11 Cases, representing the Debtors in all aspects of any related adversary proceedings. The firm will be paid at these rates: M. Mintz, Partner $975 per hour S. Knapp, Associate $740 per hour Paraprofessionals $240 to $320 per hour The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Mr. Mintz, 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 A. Mintz, Esq. Jones Walker LLP 201 St. Charles Avenue, 51st Floor New Orleans, LA 70170 Telephone: (504) 582-8000 Facsimile: (504) 589-8260 Email: mmintz@joneswalker.com About D.K.A. One L.L.C. D.K.A. One L.L.C. is a New Orleans-based real estate owner and developer associated with the former Metairie Towers condominium complex. The company is involved in property ownership, redevelopment and related real estate activities. D.K.A. One L.L.C. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-11085) on May 5, 2026. In its petition, the Debtor reported estimated assets between $10 million and $50 million and estimated liabilities between $10 million and $50 million. The filing indicates funds will be available for distribution to unsecured creditors. Honorable Bankruptcy Judge Meredith S. Grabill handles the case. The Debtor is represented by Mark Mintz, Esq. of Jones Walker LLP and affiliated counsel. DALRADA TECHNOLOGY: Reports $4.3 Million Net Loss in Fiscal Q3 -------------------------------------------------------------- Dalrada Technology Group, Inc. has filed its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission, reporting a net loss of $4,326,287 for the three months ended March 31, 2026, compared to a net loss of $4,222,529 for the same period in the prior year. For the nine-month period ended March 31, 2026, the Company reported a net loss of $14,813,937, compared to a net loss of $17,768,606 in the corresponding prior-year period. Revenues for the three months ended March 31, 2026 were $2,567,104, compared to $4,574,276 in the prior-year period. Revenues for the nine months ended March 31, 2026 decreased to $9,925,823 from $49.7 million in the same period of the prior year. As of March 31, 2026, and June 30, 2025, the Company had negative working capital of $21,951,398 and $8,001,819, respectively. Liquidity and Capital Resources The Company continues to incur recurring operating losses, negative cash flows from operations, and significant working capital deficits, which raise substantial doubt regarding the Company's ability to continue as a going concern within the next 12 months. The Company anticipates requiring additional liquidity over the next 12 months to fund ongoing operations, satisfy existing obligations, support working capital requirements, and continue strategic growth initiatives across certain subsidiaries and operating divisions. The Company's anticipated capital requirements include funding for the continued expansion and commercialization of DCT heat pump systems, operational growth initiatives within its pharmacy operations, expansion of Bothof Brothers Construction's development activities, ongoing investments in precision manufacturing capabilities, and support for DepTec's deposition system operations and related customer projects. The Company also continues to evaluate operational efficiencies, cost containment measures, and prioritization of resources toward business segments and projects that management believes have the greatest potential to generate near-term revenue growth and positive cash flows. Management's plans to alleviate the conditions giving rise to the substantial doubt include improving operating performance, increasing revenues from existing subsidiaries, accelerating sales and marketing efforts related to high-margin product offerings and services, collecting outstanding accounts receivable balances, and pursuing additional sources of liquidity through debt financings, equity financings, strategic investments, asset monetization opportunities, and other capital raising activities. The Company has historically relied on financing from related parties, external investors, and the issuance of equity securities to support operations and fund growth initiatives, and expects to continue relying on such sources of capital in the near term. The Company's ability to continue as a going concern is dependent upon a number of factors, including its ability to successfully execute its business plan, achieve and sustain profitable operations and positive operating cash flows, improve liquidity, collect outstanding receivables on anticipated timelines, maintain support from certain related parties and stakeholders, and obtain additional financing on commercially reasonable terms, if at all. The issuance of additional equity securities would result in dilution to existing stockholders, and there can be no assurance that additional debt or equity financing will be available when needed or on terms acceptable to the Company. In addition, there are currently no plans to induce the conversion of existing debt obligations into equity. There can be no assurance that management's plans will be successful or that the Company will be able to generate sufficient revenues, improve cash flows, or obtain adequate financing to continue operations. Accordingly, the accompanying condensed consolidated financial statements do not include any adjustments relating to the recoverability or classification of recorded asset amounts, or the amounts and classification of liabilities, that may result should the Company be unable to continue as a going concern. The Company's primary sources of liquidity historically have consisted of cash generated from operations, proceeds from debt and equity financings, and advances from related parties. The Company's primary liquidity requirements include funding working capital needs, debt service obligations, operating lease commitments, capital expenditures, subsidiary expansion initiatives, and general corporate purposes. As of March 31, 2026, the Company maintained a cash and cash equivalents balance of $411,932 (Restricted cash CD $329,307 which will be released when the Pala project is complete with Bothof Construction which is estimated to be July 2026) with a working capital deficit of $21,953,663. Working Capital As of March 31, 2026, the Company had current assets of $7,950,045 and current liabilities $29,903,708 compared with current assets of $7,741,021 and current liabilities $15,742,840 on June 30, 2025. The decrease in the working capital was primarily a result of increased accounts payable to fund payroll and pay outstanding vendors. Cash flow from Operating Activities During the nine months ended March 31, 2026, the Company used $6,063,517 of cash for operating activities compared to used $6,143,953 during the nine months ended March 31, 2025. The primary decrease in the use of cash for operating activities was a result of a reduction in accounts receivable. Cash flow from Investing Activities During the nine months ended March 31, 2026, the Company used no cash for investing activities compared to $479,798 used during the nine months ended March 31, 2025. Cash flow from Financing Activities During the nine months ended March 31, 2026, the Company received $5,710,889 in net cash for financing activities compared to receiving $6,223,344 during the nine months ended March 31, 2025. The decrease was primarily due to a reduction in stock issued. A full text copy of the Company's Form 10-Q is available at https://tinyurl.com/mrzp4bsb About Dalrada Dalrada Technology Group, Inc. accelerates change for current and future generations by harnessing true potential and developing products and services that become transformative innovations. It five business divisions: Genefic, Dalrada Climate Technology, Dalrada Precision Manufacturing, Dalrada Technologies, and Dalrada Corporate. Within each of these divisions, the Company drives transformative innovation while creating solutions that are sustainable, accessible, and affordable. Dalrada's global solutions directly address climate change, gaps in the health care industry, and technology needs that facilitate a new era of human behavior and interaction and ensure a bright future for the world around us. As of March 31, 2026, the Company had $17,718,035 in total assets, $38,540,137 in total liabilities, and $20,822,102 in total stockholders' deficit. San Diego, California-based CM3 Advisory, the Company's auditor since 2024, issued a "going concern" qualification in its report dated September 29, 2025, attached to the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2025, citing that the Company has suffered recurring losses from operations and has a net capital deficiency that raises substantial doubt about its ability to continue as a going concern. DAVIS KITCHEN: Gets Interim OK to Use Cash Collateral ----------------------------------------------------- Davis Kitchen & Tile, LLC received interim approval from the U.S. Bankruptcy Court for the Northern District of Virginia to use cash collateral. Under the interim order, the Debtor is authorized to use cash collateral for ordinary and necessary operating expenses in accordance with an approved budget. The Debtor identifies two primary secured creditors asserting interests in its assets. First United Bank & Trust filed two UCC financing statements in 2022 and 2023 covering substantially all business assets, including inventory, accounts receivable, equipment, deposit accounts, intellectual property, and proceeds. First United holds two loans totaling approximately $294,085, with monthly debt service payments of $2,003. Financial Agent Services, acting for On Deck Capital, filed a separate UCC financing statement in December 2023 claiming a security interest in all of the Debtor's assets. The Debtor lists the On Deck obligation at approximately $22,180. The Debtor also discloses substantial obligations to Cliffside Payable, Amare Payable, and Liberty Payable, though none of these entities have active UCC filings; the Debtor reserves the right to investigate and potentially challenge these claims. The Debtor asserts that First United holds senior liens while On Deck holds a junior lien position because its filing occurred nearly nineteen months later. As adequate protection, First United and On Deck will be granted replacement liens on post-petition assets similar in type and category to their pre-petition collateral. First United will receive replacement liens covering accounts receivable, inventory, equipment, deposit accounts, general intangibles, and related proceeds, while On Deck will receive junior replacement liens on designated post-petition assets. These liens automatically became perfected without requiring additional filings. The order also required monthly adequate protection payments. First United will receive monthly payments of $2,002.61, while On Deck is entitled to monthly payments of $447. A final hearing is scheduled for June 24, with objections due by June 18. The Debtor reports active remodeling projects and approximately $20,093 in service receivables along with over $425,362 in contract receivables, which it expects will support continued operations during the Chapter 11 case. About Davis Kitchen & Tile LLC Davis Kitchen & Tile, LLC is a Morgantown, West Virginia-based remodeling company that provides kitchen and bathroom design, renovation and installation services. The company, founded in 1911, offers cabinetry, tile, flooring, countertops, backsplashes, plumbing fixtures and related building-finishing services for residential remodeling customers. The Debtor sought protection under Chapter 11 of the U.S> Bankruptcy Code (Bankr. N.D. W. V. Case No. 26-00343) on May 14, 2026. In the petition signed by Christopher Collins, CEO and owner, the Debtor disclosed up to $50,000 in assets and up to $10 million in liabilities. Judge David L Bissett oversees the case. Ryan W. Johnson, Esq., at Johnson Legal Services, PLLC, represents the Debtor as legal counsel. DINOSAUR RIDGE: Hires Kutner Brinen Dickey Riley P.C. as Counsel ---------------------------------------------------------------- Dinosaur Ridge Resorts LLC seeks approval from the U.S. Bankruptcy Court for the District of Colorado to employ Kutner Brinen Dickey Riley, P.C. as counsel. The firm will provide these services: a. provide the Debtor with legal advice with respect to its powers and duties; b. aid the Debtor in the development of a plan of reorganization under Chapter 11; c. file the necessary petitions, pleadings, reports, and actions which may be required in the continued administration of the Debtor's property under Chapter 11; d. take necessary actions to enjoin and stay until final decree herein continuation of pending proceedings and to enjoin and stay until final decree herein commencement of lien foreclosure proceedings and all matters as may be provided under 11 U.S.C. Sec. 362; and e. perform all other legal services for the Debtor which may be necessary herein. The firm will be paid at these rates: Jeffrey S. Brinen $600 per hour Jenny Fujii $440 per hour Jonathan M. Dickey $425 per hour Keri L. Riley $410 per hour Paralegal $100 per hour The firm received a retainer in the amount of $25,000. of which $21,562.00 remained on the Petition Date. In addition, the firm will seek reimbursement for its out-of-pocket expenses. Jonathan M. Dickey, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Jonathan M. Dickey, Esq. 1660 Lincoln Street, Suite 1720 Denver, CO 80264 Tel: (303) 832-2400 Email: jmd@kutnerlaw.com About Dinosaur Ridge Resorts LLC Dinosaur Ridge Resorts LLC operates as a resort and hospitality company focused on tourism, accommodations, and leisure property management. Dinosaur Ridge Resorts LLC filed for relief under Chapter 11 of the Bankruptcy Code (Case No. 26-13575) on May 20, 2026. The company disclosed estimated assets ranging from $10MM to $50MM and liabilities estimated between $1MM and $10MM. The case is assigned to Honorable Judge Michael E. Romero. The Debtor is represented by Jonathan Dickey, Esq. of Kutner Brinen Dickey Riley, P.C. DP LOUISIANA: Court Extends Cash Collateral Access to June 24 ------------------------------------------------------------- DP Louisiana, LLC received 10th interim approval from the U.S. Bankruptcy Court for the Eastern District of Louisiana to use cash collateral to fund its operations. The 10th interim order authorized the Debtor to use cash collateral through June 24. The Debtor intends to use cash received from the sale of hydrocarbons in which a secured creditor may assert security interests pursuant to the Louisiana Oilwell Lien Act (LOWLA). It has identified 26 creditors, which may possess lien rights against the oil and gas leases and equipment it owns. As adequate protection, the LOWLA lienholders will be granted perfected replacement liens on collateral as to which they had a first priority lien as of the petition date, subject to the carveout for certain fees; and junior perfected liens on the collateral that is subject to a validly perfected lien with priority over the LOWLA lienholders' liens as of the petition date. In case the replacement liens prove to be inadequate to protect the LOWLA lienholders, an allowed superpriority administrative expense claim will be granted to such lienholders, subject to the carveout. The 10th interim hearing is scheduled for June 24. A copy of the 10th interim order and the Debtor's budget is available at https://shorturl.at/S4NYQ from PacerMonitor.com. About DP Louisiana LLC DP Louisiana LLC is engaged in oil and gas extraction operations. It is based in Louisiana and uses EAG Services in Houston, Texas, for administrative support. DP Louisiana sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. La. Case No. 25-11366) on June 30, 2025, with between $1 million and $10 million in both assets and liabilities. Dwayne Murray, Esq., at Murray & Murray, LLC, serves as Subchapter V trustee for the Debtor. Judge Meredith S. Grabill handles the case. The Debtor tapped Douglas S. Draper, Esq., at Heller, Draper & Horn, L.L.C. as legal counsel and Christopher O. Ryals of RCO Capital, LLC aschief restructuring officer. DYNAMIC AUTO: Hires Jose M Prieto Carballo as Legal Counsel ----------------------------------------------------------- Dynamic Auto Work Inc seeks approval from the U.S. Bankruptcy Court for the District of Puerto Rico to employ Jose M Prieto Carballo as legal counsel. The firm will provide these services: a. advise debtor with respect to its duties, powers and responsibilities in this case under the laws of the United States and Puerto Rico in which the debtor in possession conducts its operations, do business, or is involved in litigation. b. advise debtor in connection with a determination whether a reorganization is feasible and, if not, help debtor in the orderly liquidation of its assets. c. assist the debtor with respect to negotiations with creditors for the purpose of arranging the orderly liquidation of assets and/or for proposing a viable plan of reorganization. d. prepare on behalf of the debtor the necessary complaints, answers, orders, reports, memoranda of law and/or any other legal papers or documents. e. appear before the bankruptcy court, or any court in which debtors assert a claim interest or defense directly or indirectly related to this bankruptcy case. f. perform such other legal services for debtors as may be required in these proceedings or in connection with the operation of/and involvement with debtor's business, including but not limited to notarial services. g. employ other professional services, if necessary. The firm will be paid at these rates: Jose M Prieto Carballo, Esq. $200 per hour The firm will be paid a retainer in the amount of $8,217. 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. Jose M Prieto Carballo, 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: Jose M Prieto Carballo, Esq. JPC LAW OFFICE P.O. Box 363565 San Juan, P.R. 00936-3565 Telephone: (787) 607-2066 Email: jpc@jpclawpr.com About Dynamic Auto Work Inc. Dynamic Auto Work Inc filed a Chapter 11 bankruptcy petition (Bankr. D.P.R. Case No. 26-02281MCF) on May 19, 2026. The Debtor hires JPC Law Office as counsel. DYNAMIC TRANSPORT: Court Extends Cash Collateral Access to June 10 ------------------------------------------------------------------ Dynamic Transport Service, Inc. received another extension from the U.S. Bankruptcy Court for the Middle District of Florida to use cash collateral. At the recently held hearing, the court authorized the Debtor's continued use of cash collateral to pay its expenses through the next hearing on June 10. The Debtor's budget shows total operational expenses of $73,931 for June, $74,931 for July, and $77,931 for August. As adequate protection for the use of cash collateral, the Debtor offers secured creditors post-petition replacement liens, with the same validity and priority as their pre-petition liens. Additional safeguards include insurance, regular financial reporting, and access to business records and premises upon request. The creditors that may assert blanket liens on the Debtor's assets include SunTrust Bank, with $26,990.18 in claims; Headway Capital, $116,401.55; Brian Kotili, $66,344; and Corporation Service Company. The Debtor estimates that the collective claims of the secured creditors are secured by $53,910.48 of non-titled assets, which include $3,588.71 in cash and $35,321.77 in accounts receivable. About Dynamic Transport Service Inc. Dynamic Transport Service, Inc. filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-01977) on March 13, 2026, with $50,001 to $100,000 in assets and $100,001 to $500,000 in liabilities. Kathleen DiSanto, Esq., at Bush Ross, P.A., serves as Subchapter V trustee for the Debtor. Judge Caryl E. Delano presides over the case. By Buddy D. Ford, Esq., at Ford & Semach, P.A. represents the Debtor as legal counsel. EAD CONSTRUCTORS: Creditors to Get Proceeds from Liquidation ------------------------------------------------------------ EAD Constructors, Inc., filed with the U.S. Bankruptcy Court for the District of Nebraska a Disclosure Statement in support of Chapter 11 Plan of Liquidation dated May 20, 2026. Constructors is a Nebraska corporation, with its principal assets and place of business located in Omaha, Nebraska. Constructors was founded in 2007, and at all times has offered general contracting, construction management, procurement, design-build and safety services for large industrial construction projects across the country. The decision to file for Chapter 11 was necessary to give Constructors time to reevaluate its business operations in light of ongoing, aggressive, time-consuming and crippling litigation related to its involvement in the engineering, procurement, and construction services related to the expansion of a mallard lactic acid plant owned by Purac America, Inc d/b/a Corbion in Blair, Nebraska ("Project"). The additional time has allowed Constructors to explore options for restructuring, or alternatively, for an orderly liquidation which is proposed to occur after Constructors completes performance of the FedEx Contracts. During the last six months of operations, Constructors has since had a decline in business opportunities due to licensing issues across multiple jurisdictions. Constructors has been unable to maintain the licensing required to stay in operation due to the bankruptcy filing (though these issues would not affect Constructors' ability to perform the FedEx Contracts). In addition, in March, 2026, the Bankruptcy Court lifted the automatic stay so that claims related to the Corbion Project Litigation could proceed in their respective tribunals. It is anticipated that the Corbion Project Litigation will not be fully adjudicated until the Spring of 2027, causing Constructors to incur substantial time and expense in defending those claims. These factors further strained the company's financial resources, making liquidation the most prudent course of action. With no significant business prospects and the ongoing litigation pending, Constructors has no choice but to liquidate. Constructors' projected sources and uses through the completion of the FedEx Contracts are summarized in the Liquidation Budget, which will be filed as a Supplement to the Disclosure Statement. Based on current projections, Constructors anticipates net distributable proceeds of between $200,000 to $500,000, before payment on the Secured Claim, any distributions to Class 2 creditors and before any recovery from the Corbion Project Litigation. Class 2 shall consist of the holders of any Allowed Unsecured Claims. The Allowed Amount of Allowed Unsecured Claims held by Unsecured Creditors shall be determined by the amount set forth in Constructors' Schedules, any timely proofs of claim filed in this Bankruptcy Case, or final order of the Bankruptcy Court (the "Allowed Class 2 Claims"). Unless any submitted Unsecured Claim is subject to an objection or is a Disputed Claim, in the event there is a discrepancy between the amount of an alleged claim contained in Constructors' Schedules and a timely proof of claim filed by an Unsecured Creditor, the Allowed Amount of such Unsecured Creditor's Unsecured Claim shall be determined by any timely filed proof of claim. Each holder of an Allowed Class 2 Claim will be paid its Pro Rata share from the Claims Distribution Fund. Class 3 consists of Holders of Interests in Constructors may only retain their Interests in Constructors under this Plan if that all Allowed Class 1 through 2 Claims are paid in full under this Plan. Accordingly, Interests shall be deemed canceled unless and until the Claims Distribution Fund, after payment of Administrative Expenses, is sufficient to pay the Allowed Class 1 and Class 2 Claims, in which case the holders of Interests shall retain their Interests. Classes One through Three will be paid from the collection and liquidation of Constructors remaining and undistributed encumbered and unencumbered property of any kind of Constructors' Chapter 11 Estate, as defined in Section 541 of the Bankruptcy Code, including the Cause of Action Recoveries, in accordance with this Plan (the "Assets"). Upon entry of the Confirmation Order, Constructors will continue to manage its business affairs for the purpose of pursuing and liquidating its Assets until such time as the Fed-Ex Contracts currently in effect are not either completed or not renewed by Federal Express Corporation. Upon the expiration of the final Fed-Ex Contract, Constructors shall, within a reasonable time period, make distributions as called for in the Plan, and wind down its affairs. Constructors shall continue to be managed by its existing manager for the purposes of Constructors undertaking its duties and obligations under this Plan. A full-text copy of the Disclosure Statement dated May 20, 2026 is available at https://urlcurt.com/u?l=ajrEhF from PacerMonitor.com at no charge. EAD Constructors Inc. is represented by: Lauren R. Goodman, Esq. James J. Niemeier, Esq. Donald (DJ) Rison, Jr., Esq. McGrath North Mullin & Kratz, PC LLO First National Tower, Suite 3700 1601 Dodge Street Omaha, NE 68102 Telephone: (402) 341-3070 Facsimile: (402) 341-0216 E-mail: jniemeier@mcgrathnorth.com lgoodman@mcgrathnorth.com drison@mcgrathnorth.com About EAD Constructors Inc. EAD Constructors, Inc., a company based in Omaha, Nebraska, sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Neb. Case No. 25-81134) on Oct. 21, 2025. At the time of the filing, the Debtor had estimated assets of between $100,001 and $500,000 and liabilities of between $10 million and $50 million. Judge Brian S. Kruse oversees the case. McGrath North Mullin & Kratz, PC, LLC, serves as the Debtor's legal counsel. ENDO INT'L: Judge Allows Trust’s $4.1B Claim Against TPG to Proceed --------------------------------------------------------------------- Hilary Russ of Law360 Bankruptcy Authority reports that TPG Capital suffered a setback after a bankruptcy court refused to dismiss a lawsuit seeking to claw back roughly $4.1 billion generated from the sale of Par Pharmaceutical to Endo International PLC. The suit was filed by Endo's litigation trustee, who claims the acquisition enriched the private-equity seller while leaving Endo burdened with significant debt. According to the trustee, Endo paid an inflated price for the generic drug manufacturer and financed the transaction in a manner that ultimately harmed creditors. The complaint alleges that the acquisition transferred substantial value to TPG and related parties at a time when Endo allegedly did not receive reasonably equivalent value in return. The court concluded that the trustee's allegations were detailed enough to survive dismissal at the pleading stage. As a result, the litigation will continue, giving the trustee an opportunity to pursue recovery of billions of dollars that could become available to Endo’s creditors if the claims ultimately succeed, the report states. About Endo International PLC Endo International plc (OTC: ENDPQ) is a generics and branded pharmaceutical company. It develops, manufactures, and sells branded and generic products to customers in a wide range of medical fields, including endocrinology, orthopedics, urology, oncology, neurology, and other specialty areas. On the Web: http://www.endo.com/ Endo International and certain of its subsidiaries initiated voluntary prearranged Chapter 11 proceedings (Bankr. S.D.N.Y. Lead Case No. 22-22549) on Aug. 16, 2022. On May 25, 2023, Operand Pharmaceuticals Holdco II Limited and Operand Pharmaceuticals Holdco III Limited each filed a voluntary Chapter 11 petition also in the U.S. Bankruptcy Court for the Southern District of New York. On May 31, 2023, Operand Pharmaceuticals II Limited and Operand Pharmaceutical III Limited each filed a voluntary Chapter 11 petition also in the Southern District of New York. The Company's cases are jointly administered before the Honorable James L. Garrity, Jr. Endo initiated the financial restructuring process after reaching an agreement with a group of its senior debtholders on a transaction that would substantially reduce outstanding debt, address remaining opioid and other litigation-related claims, and best position Endo for the future. This would allow the Company to advance its ongoing business transformation from a strengthened financial position to create compelling value for its stakeholders over the long term. Endo's India-based entities are not part of the Chapter 11 proceedings. The Company has filed recognition proceedings in Canada and expects to file similar proceedings in the United Kingdom and Australia. The Debtors tapped Skadden, Arps, Slate, Meagher & Flom, LLP as legal counsel; PJT Partners, LP as investment banker; and Alvarez & Marsal North America, LLC as financial advisor. Kroll Restructuring Administration, LLC, is the claims agent and administrative advisor. A Website dedicated to the restructuring is at http://www.endotomorrow.com/ Roger Frankel, the legal representative for future claimants in the Chapter 11 cases, tapped Frankel Wyron LLP and Young Conaway Stargatt & Taylor, LLP, as legal counsels, and Ducera Partners, LLC, as investment banker. ENVELOPE 1 INC: Gets Extension to Access Cash Collateral -------------------------------------------------------- Envelope 1, Inc. received sixth interim approval from the U.S. Bankruptcy Court for the Southern District of Florida to continue using cash collateral to fund operations during its Chapter 11 case. The order recognizes Spectrum Commercial Finance, LLC as the Debtor's primary secured lender, holding valid, perfected, and non-avoidable liens on substantially all assets, including accounts receivable, inventory, equipment, and real property in Ohio. As of the petition date, the Debtor owed Spectrum approximately $927,263.50, plus interest and fees, and acknowledged Spectrum's lien rights in exchange for the continued use of cash collateral including cash and revenue. Under the court order, the use of cash collateral is strictly limited to amounts and purposes set forth in the budget, subject to a 10% variance per line item and a 5% cumulative variance overall. The budget shows total operational expenses of $325,811 for June; $365,426 for July; $402,791 for August; $192,362 for September; $193,862 for October; $192,362 for November; and $192,362 for December. As adequate protection, Spectrum will be granted post-petition replacement liens on all assets acquired by the Debtor before or after the petition date excluding avoidance actions, maintaining the same priority as its pre-bankruptcy liens. In addition, Spectrum will continue to receive monthly payments of $11,025. The Debtor is required to maintain insurance, permit inspections, and provide financial information upon request as additional protection. The authorization terminates upon specified events, including default or conversion of the Debtor's Chapter 11 case. A further hearing is set for June 30. The order is available at https://tinyurl.com/34bfrdnv from PacerMonitor.com. About Envelope 1 Inc. Envelope 1, Inc manufactures and mails commercial envelopes and their contents. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-23400) on November 12, 2025. In the petition signed by Tarry Pidgeon, president, the Debtor disclosed up to $50 million in assets and up to $100 million in liabilities. Judge Mindy A. Mora oversees the case. Susan D. Lasky, Esq., at Susan D. Lasky, PA, represents the Debtor as legal counsel. EVERGREEN BUILDING: Case Summary & 20 Largest Unsecured Creditors ----------------------------------------------------------------- Debtor: Evergreen Building Company, LLC 125 John Roberts Rd South Portland, ME 04106 Business Description: Evergreen Building Company is a South Portland, Maine-based construction and millwork company. The company provides new home construction, residential and commercial renovation, pre-construction services, design/build support, construction management, and custom cabinetry and woodwork. It serves developers, architects, owners, and clients through its office and millwork shop in South Portland. Chapter 11 Petition Date: May 28, 2026 Court: United States Bankruptcy Court District of Maine Case No.: 26-20145 Judge: Hon. Peter G Cary Debtor's Counsel: Tanya Sambatakos, Esq. MOLLEUR LAW OFFICE 190 Main St., 3rd Fl Saco, ME 04072 E-mail: tanya@molleurlaw.com Total Assets: $222,950 Total Liabilities: $1,357,573 The petition was signed by Thomas A. Gagne as general manager. A full-text copy of the petition, which includes a list of the Debtor's 20 largest unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/DDQBF2Y/Evergreen_Building_Company_LLC__mebke-26-20145__0001.0.pdf?mcid=tGE4TAMA EXECUTIVE DEVELOPMENT: Claims to be Paid from Continued Operations ------------------------------------------------------------------ Executive Development Associates, Inc. d/b/a EDA, Inc. filed with the U.S. Bankruptcy Court for the Western District of Missouri a First Amended Subchapter V Plan of Reorganization dated May 20, 2026. The Debtor is a premium human capital technology and services company founded in 1982 and headquartered in Lee's Summit, Missouri, with a satellite presence in Oklahoma City, Oklahoma. Through its 43-year history, the Debtor has been the originator of multiple industry firsts, including: the first to tie executive development directly to organizational strategy; the first to publish what has become the leading benchmarking research in the industry ("Trends in Executive Development," published continuously since 1983); the first vertical in critical thinking development for senior leaders; the first vertical in visionary leadership; and the first commercially-available AI-driven real-time culture dashboard. The Debtor's Chapter 11 filing on February 11, 2026 was the result of a cascade of events in 2025 and early 2026, most of which were outside the Debtor's control. Before describing the events, the Debtor notes for context that the CEO has been running companies since 2001 and the Debtor was 100% debt-free as of one month before the COVID-19 pandemic. The Debtor began 2025 as one of its most promising years, with more than $1,000,000 under contract by the end of January 2025. Class 5 consists of all general unsecured claims. The allowed unsecured claims total $290,790.81. Pro-rata share of disposable income remaining after payment of (i) Administrative Expenses, (ii) Class 1 SBA Allowed Secured Claim, and (iii) Priority Tax Claims under Section 2.1(B) of the Bankruptcy Code. Payments shall begin first day of the first full month after the Effective Date (or such later date as Administrative Expenses, Priority Tax, and Class 1 obligations are satisfied to current). Class 6 — Equity Interest Holder. All holders of equity interests in the Debtor, including (a) holders of Class A Common Stock, (b) holders of unconverted Simple Agreements for Future Equity (SAFEs), and (c) record holders of equity issued in connection with the Debtor’s Regulation Crowdfunding (Reg CF) offering. Bonnie K. Timms (f/k/a Bonnie K. Hagemann) is the largest single equity holder. All Class 6 equity holders retain their respective interests in the Reorganized Debtor without modification. Holders of Class A Common Stock retain their shares with all rights under the Amended and Restated Shareholder Agreement. Holders of unconverted SAFEs retain all conversion and economic rights under their respective SAFE agreements, which the Reorganized Debtor shall honor in accordance with their original terms upon any future triggering event. Record holders of Reg CF equity retain their interests. Class 6 is unimpaired and Class 6 holders will not receive ballots to vote on this Plan. The Plan will be funded entirely from the continuing operations of the Reorganized Debtor. A full-text copy of the First Amended Plan dated May 20, 2026 is available at https://urlcurt.com/u?l=J3gHba from PacerMonitor.com at no charge. Counsel to the Debtor: Jeffrey L. Wagoner, Esq. Ryan A. Blay, Esq. Wagoner Bankruptcy Group, P.C. dba W M Law 15095 W. 116th St. Olathe, KS 66062 Telephone: (913) 422-0909 Facsimile: (913) 428-8549 Email: bankruptcy@wagonergroup.com blay@wagonergroup.com About Executive Development Associates Executive Development Associates, Inc., provides leadership advisory and executive coaching services to senior executives, boards, and leadership teams in the United States, offering CEO and executive coaching, board and governance advisory, enterprise strategy alignment, and executive team development. The firm operates in the management consulting and executive coaching industry, serving organizational leaders seeking to improve decision-making, alignment, and sustained leadership effectiveness. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Mo. Case No. 26-40233) on February 11, 2026, with $276,922 in assets and $2,664,232 in liabilities. Bonnie Timms, owner, signed the petition. Judge Cynthia A. Norton presides over the case. Ryan A. Blay, at WM Law, PC, is the Debtor's bankruptcy counsel. EXECUTIVE DEVELOPMENT: Hearing Today on Bid to Use Cash Collateral ------------------------------------------------------------------ The U.S. Bankruptcy Court for the Western District of Missouri is set to hold a hearing today to consider extending Executive Development Associates, Inc.'s authority to use cash collateral. The Debtor was previously authorized to access cash collateral under the court's May 21 second interim order. The interim order approved the payment of expenses with cash collateral in accordance with the Debtor's budget and granted the U.S. Small Business Administration adequate protection through monthly payments of $4,111.50 and replacement liens on post-petition rents, income, and proceeds of the Debtor's property, A copy of the Debtor's budget is available at https://tinyurl.com/34n4p5rx from PacerMonitor.com. The Debtor's cash collateral includes post-petition income, proceeds, and deposit accounts that may be subject to liens and security interests of creditors. Although the Debtor has not yet completed a comprehensive analysis of all liens, it believes that the SBA holds a first-position lien on the cash collateral. About Executive Development Associates Inc. Executive Development Associates, Inc. provides leadership advisory and executive coaching services to senior executives, boards, and leadership teams in the United States, offering CEO and executive coaching, board and governance advisory, enterprise strategy alignment, and executive team development. The firm operates in the management consulting and executive coaching industry, serving organizational leaders seeking to improve decision-making, alignment, and sustained leadership effectiveness. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Mo. Case No. 26-40233) on February 11, 2026, with $276,922 in assets and $2,664,232 in liabilities. Bonnie Timms, owner, signed the petition. Judge Cynthia A. Norton presides over the case. Ryan A. Blay, Esq. at WM Law, PC represents the Debtor as bankruptcy counsel. FAIR OFFER: Dyersburg Property Sale to Larry T. & L. A. Rogers OK'd ------------------------------------------------------------------- The U.S. Bankruptcy Court for the Middle District of Tennessee, Nashville Division, has granted Robert J. Mendes, Chapter 11 Trustee of Fair Offer Cash Now, Inc., to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor owns real property located at 689 Welch Road, Dyersburg, Tennessee 38024. The property is believed to have been vacant for several years and is in substandard condition. These factors materially limit the pool of potential purchasers and impair the effectiveness of an auction process. The Court has authorized the Trustee to sell the Property to Larry Tyler Rogers and Lauren Ann Rogers for the purchase of the Property for $100,000. The net proceeds from the sale of the Property after closing costs and satisfaction of any outstanding property taxes, if any, shall be deposited into an account maintained by the Trustee. The Sale of the Property to Buyer for the purchase price of $125,000 under the Agreement shall constitute a transfer for reasonably equivalent value and fair consideration under the Bankruptcy Code and all applicable law. The Trustee is authorized to consummate the transaction contemplated in the Order. The Buyer shall be entitled to the protections of a good faith purchaser. About Fair Offer Cash Now Inc. Fair Offer Cash Now owns 27 properties all located in Alabama, Kentucky, Missouri, Tennessee, Georgia and Mississippi having a total current value of $4.94 million. Fair Offer Cash Now, Inc. in Murfreesboro, Tenn., sought relief under Chapter 11 of the Bankruptcy Code (Bankr. M.D. Tenn. Case No. 24-03495) on Sept. 11, 2024, listing $4,942,400 in assets and $4,783,400 in liabilities. Bradley Smotherman, president, signed the petition. Judge Charles M. Walker oversees the case. Lefkovitz & Lefkovitz serves as the Debtor's legal counsel. Robert Mendes was appointed as trustee appointed in this Chapter 11 case. He tapped Robert J. Mendes, Esq., at Epstein Becker & Green, PC as counsel. FAT BRANDS: Wins Approval to Advance Post-Sale Chapter 11 Plan -------------------------------------------------------------- Ben Zigterman of Law360 Bankruptcy Authority reports that Fat Brands won conditional approval of its Chapter 11 disclosure statement from a Texas bankruptcy judge, allowing the company to send solicitation materials to creditors and seek backing for its post-sale liquidation plan. The decision advances the restaurant chain operator's effort to conclude its bankruptcy proceedings after divesting key assets. Under the proposed restructuring framework, remaining estate assets and sale proceeds would be used to satisfy creditor claims according to the plan's priority structure. The court found that the disclosure materials provide creditors with adequate information to make an informed decision on whether to accept or reject the proposal. The ruling moves the bankruptcy case into the voting phase, where creditors will weigh the plan's treatment of claims and expected recoveries. Fat Brands is expected to return to court later for a confirmation hearing if sufficient creditor support is obtained, the report relays. About FAT (Fresh. Authentic. Tasty.) Brands FAT Brands (NASDAQ: FAT) -- http://www.fatbrands.com/-- is a global franchising company that strategically acquires, markets, and develops fast casual, quick-service, casual dining, and polished casual dining concepts around the world. The Company currently owns 18 restaurant brands: Round Table Pizza, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli's, Twin Peaks, Great American Cookies, Smokey Bones, Hot Dog on a Stick, Buffalo's Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses. FAT Brands franchises and owns over 2,200 units worldwide. Fat Brands Inc. and 181 subsidiaries sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90126) on Jan. 26, 2026. In its petition, Fat Brands listed estimated assets and liabilities more than $1 billion. The Honorable Bankruptcy Judge Alfredo R. Perez handles the case. Latham & Watkins LLP is serving as legal counsel to the Company. GLC Advisors & Co., LLC is serving as investment banker, and Huron Consulting Services LLC is serving as financial advisor. Omni Agent Solutions, Inc., is serving as claims, noticing and solicitation agent. White & Case LLP is representing the Ad Hoc Group of Securitization Noteholders. Greenberg Traurig, LLP represents UMB Bank, National Association, solely in its capacity as Trustee to certain series of notes. FINLO CORPORATION: Gets Interim OK to Use Cash Collateral --------------------------------------------------------- The United States Bankruptcy Court for the Western District of Missouri entered an interim order authorizing FINLO Corporation to use cash collateral through June 5. The order imposed several conditions on use of cash collateral. The debtor must operate according to an approved budget and may only pay expenses necessary to prevent irreparable injury to the business and estate. Payments to insiders are prohibited unless they represent reasonable and customary compensation disclosed in the budget. The debtor must also maintain insurance, timely file post-petition tax returns, and make all required post-petition tax deposits. As adequate protection for lender Pathward, the court granted replacement liens on post-petition property of the same type as Pathward's prepetition collateral, limited to any diminution in the lender's collateral position. These replacement liens exclude Chapter 5 avoidance actions and are automatically perfected without additional filings. The debtor is also required to make adequate protection payments of $1,667 per month beginning June 30, 2026, subject to further court orders. The order preserves all parties' rights and does not constitute a final determination regarding claims or lien priorities in the cash collateral. About FINLO Corporation FINLO Corporation sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Miss. Case No. 26-40890) with $50,001 to $100,000 in assets and $1,000,001 to $10 million laibilities. Judge Hon. Bankruptcy Judge Cynthia A Norton oversees the case. The Debtor is represented by: Colin N. Gotham Evans & Mullinix, P.A. Email: 913-962-8700 Email: cgotham@emlawkc.com FINLO CORPORATION: Norman Rouse Named Subchapter V Trustee ---------------------------------------------------------- The Acting U.S. Trustee for Region 13 appointed Norman Rouse as Subchapter V trustee for FINLO Corporation. Ms. Rouse will be paid an hourly fee of $300 for her services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Ms. Rouse declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Norman E. Rouse 5957 Easte 20th Street Jopli, MO 64801 Phone: 417.782.2222 Email: nrouse@cwrcave.com About FINLO Corporation FINLO Corporation, doing business as Larks Entertainment, operates an entertainment venue, cocktail bar, and chef-inspired restaurant in Kansas City, Missouri. The company provides entertainment offerings including shuffleboard play, arcade games, mini golf, sports simulators, and other attractions. It also serves food and beverages, including quesadillas, bar bites, cocktails, mocktails, and beer. Larks Entertainment provides franchise support, including site selection, build-out, grand opening support, and ongoing support. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Mo. Case No. 26-40890) on May 19, 2026, with $52,400 in assets and $2,002,135 in liabilities. Jimmie Finister, Jr., managing director, signed the petition. Judge Cynthia A. Norton presides over the case. Colin N. Gotham, Esq. at EVANS & MULLINIX, P.A. represents the Debtor as legal counsel. FIRST BRANDS: Amends ABL Secured Claims Pay ------------------------------------------- Premier Marketing Group LLC, a debtor affiliate of First Brands Group, LLC, submitted a Revised Disclosure Statement for Revised Chapter 11 Plan dated May 20, 2026. Following months of mediation, the Debtors, the Ad Hoc Group, and the Creditors' Committee reached a settlement in principle regarding the terms of the orderly wind down of the Debtors' estates through a chapter 11 plan and other transactions (the "Global Settlement"). Disputed assets of the SPV Debtors will not be transferred to any Trust prior to a Court determination or consensual resolution regarding the ownership of such assets, and all rights are reserved with respect to any disputes regarding ownership of assets between the FBG Debtors and the SPV Debtors, including disputes as to ownership of Inventory and certain Claims and Causes of Action. Additionally, in cases where both an FBG Debtor and one or more SPV Debtors assert claims against a common defendant, including the Patrick James Adversary Proceeding and Onset Adversary Proceeding, the Plan and Confirmation Order make no determination regarding proper allocation and all rights regarding any allocation dispute shall be preserved. The FBG Debtors (or the Litigation Trust) shall have no rights to prosecute any claims owned by the SPV Debtors absent their consent or order of the Bankruptcy Court. For the avoidance of doubt, DIP Collateral Trust Assets and ABL Collateral Trust Assets shall not include any assets that are determined by Final Order to be (a) property of the SPV Debtors or their estates, any of the Factors, or any of the SPV Lenders or (b) subject to a validly perfected first priority lien asserted by a Factor or SPV Lender. The Debtors intend to file a motion seeking approval of the Global Settlement (the "Global Settlement Motion") in connection with confirmation, including seeking approval of (i) the various settlements under Bankruptcy Rule 9019 reached by the FBG Debtors, (ii) sales and transfers of estate property pursuant to section 363 of the Bankruptcy Code, (iii) conversion of the chapter 11 cases of all the FBG Debtors other than the Plan Debtor (the "Converting Debtors") to cases under chapter 7 on or following the Effective Date, and (iv) other related relief. The Debtors anticipate filing the Global Settlement Motion prior to solicitation of the Plan, on no less than twenty-one days' notice, and will seek to have such motion heard at the Confirmation Hearing. The terms of the Global Settlement are set forth in the Plan and this Disclosure Statement in its entirety and there will be no additional terms set forth in the Global Settlement Motion. The Global Settlement Motion is the Debtors' legal support for the Global Settlement for the FBG Debtors other than the Plan Debtor. Class 6 consists of ABL Claims. On the Effective Date, the ABL Agent, by and on behalf of the ABL Claim Secured Parties, shall be deemed to have foreclosed upon the ABL Collateral Trust Assets of the FBG Debtors and transferred all such assets to the ABL Collateral Trust. Except to the extent that a holder of an Allowed ABL Claim against the Plan Debtor agrees to less favorable treatment of such Claim, in full and final satisfaction, settlement, release, and discharge of such Allowed ABL Claim against the Plan Debtor, on the Effective Date, each such holder shall receive, on account of its Allowed ABL Claim against the Plan Debtor, its Pro Rata Share of the ABL Collateral Trust Interests. For the avoidance of doubt, ABL Claims against the ABL Loan Parties, other than the Plan Debtor, in excess of the fair market value of the ABL Collateral Trust Assets of the FBG Debtors, as determined in accordance with Section ‎8.11(d)(ii) of the Plan (the "ABL Deficiency Claims"), shall remain outstanding and enforceable against such ABL Loan Parties; provided that such ABL Deficiency Claims shall not be secured by the ABL Collateral Trust Assets, which assets shall be held free and clear of ABL Deficiency Claims by the ABL Collateral Trust; provided further that, on the Effective Date and immediately following the foreclosure upon the ABL Collateral Trust Assets, the holders of the ABL Deficiency Claims shall be deemed to have contributed all of their rights, title, and interests in respect of any amounts or proceeds to be realized on account of the ABL Deficiency Claims to the ABL Collateral Trust to be distributed in accordance with the waterfall. Class 7 consists of General Unsecured Claims. Except to the extent that a holder of an Allowed General Unsecured Claim against the Plan Debtor agrees to less favorable treatment of such Claim, in full and final settlement, release, and discharge of such Allowed General Unsecured Claim against the Plan Debtor, each such holder shall receive its Pro Rata Share of the Class 3(b) Litigation Trust Interests. Class 7 is Impaired. Cash distributions under the Plan shall be funded with Cash proceeds available from: (i) Cash available on or after the Effective Date in accordance with the Plan; and (ii) Cash from the Professional Fees Escrow Account (provided that the Cash proceeds of the Professional Fees Escrow Account shall be exclusively used to pay Allowed Professional Fee Claims until paid in full in Cash and any amount remaining thereafter in the Professional Fees Escrow Account shall be transferred by the Wind Down Administrator to the DIP Collateral Trust). On the Effective Date, the Litigation Trust shall receive the Litigation Trust Cash Funding. No Allowed Professional Fees of Professionals may be paid from the Litigation Trust Cash Funding. A full-text copy of the Revised Disclosure Statement dated May 20, 2026 is available at is https://urlcurt.com/u?l=S5MdUw from Kroll Restructuring Administration, claims agent. The Debtor's Counsel: Clifford W. Carlson, Esq. Gabriel A. Morgan, Esq. WEIL, GOTSHAL & MANGES LLP 700 Louisiana Street, Suite 3700 Houston, Texas 77002 Tel: (713) 546-5000 Fax: (713) 224-9511 Email: clifford.carlson@weil.com gabe.morgan@weil.com - and - Matthew S. Barr, Esq. Sunny Singh, Esq. Andriana Georgallas, Esq. Kevin Bostel, Esq. Jason H. George, Esq. WEIL, GOTSHAL & MANGES LLP 767 Fifth Avenue New York, New York 10153 Tel: (212) 310-8000 Fax: (212) 310-8007 Email: matt.barr@weil.com sunny.singh@weil.com andriana.georgallas@weil.com kevin.bostel@weil.com jason.george@weil.com About First Brands Group First Brands Group, LLC, is a global supplier of aftermarket automotive parts, based in Rochester Hills, Michigan. On September 24, 2025, the Company's non-operational special purpose entities, Global Assets LLC, Global Lease Assets Holdings, LLC, Carnaby Capital Holdings, LLC, Broad Street Financial Holdings, LLC, Broad Street Financial, LLC, Carnaby Inventory II, LLC, Carnaby Inventory Holdings II, LLC, Carnaby Inventory III, LLC, Carnaby Inventory Holdings III, LLC, Patterson Inventory, LLC, Patterson Inventory Holdings, LLC, Starlight Inventory I, LLC and Starlight Inventory Holdings I, LLC each filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas. Commencing on Sept. 28, 2025, First Brands Group, LLC and 98 affiliated debtors each filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas. In its petition, First Brands Group listed $1 billion to $10 billion in estimated assets and $10 billion to $50 billion in estimated liabilities. The cases are pending before the Hon. Christopher M. Lopez, and are jointly administered under Case No. 25-90399, and consolidated for procedural purposes only. The Debtors tapped Weil, Gotshal and Manges, LLP as legal counsel; Lazard Freres & Co. as investment banker; Alvarez & Marsal North America, LLC as financial advisor; and C Street Advisory Group as strategic communications advisor. Kroll Restructuring Administration, LLC is the Debtors' claims, noticing and solicitation agent. Gibson, Dunn & Crutcher, LLP and Evercore serve as the Ad Hoc Group of Lenders' legal counsel and investment banker, respectively. The U.S. Trustee for Region 7 appointed an official committee to represent unsecured creditors in the Debtors' Chapter 11 cases. The Committee has hired M3 Advisory Partners, LP, as Financial Advisor; Cole Schotz P.C. as Efficiency and Local Counsel; and Brown Rudnick LLP as Co-Counsel. The U.S. Trustee has proposed Martin De Luca, Esq., at Boies Schiller Flexner LLP as Chapter 11 examiner. FORTUNATO'S ITALIAN: Gets Interim OK to Use Cash Collateral ----------------------------------------------------------- Fortunato's Italian Restaurant, Inc. received second interim approval from the U.S. Bankruptcy Court for the Middle District of Florida, Tampa Division for continued use of cash collateral of the U.S. Small Business Administration, Credibly of Arizona, LLC, and OnDeck Capital, LLC. Under the order, the Debtor may use cash collateral to pay court-authorized expenses and necessary operating expenses contained in an approved budget, with flexibility of up to 10% per line item. The Debtor projects total operational expenses of $179,958.78 for the period from April to August. The Debtor is also authorized to make monthly payments of $1,000 to the Subchapter V trustee. However, compensation to insiders or professionals included in the budget cannot be paid without prior court approval. The order imposes operational and reporting obligations on the Debtor. The Debtor must comply with all debtor-in-possession duties and submit financial comparisons of actual versus projected income and expenses, along with updated cash collateral budgets before the next hearing. Secured creditors are granted access to business records and premises upon reasonable notice and may request monthly financial reporting. As adequate protection, secured creditors received perfected post-petition replacement liens with the same validity and priority as their prepetition liens, without additional filing requirements. The Debtor must maintain insurance coverage required under loan documents, while all parties preserve rights to seek additional protections or challenge liens. A continued hearing on cash collateral use is scheduled for July 22. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/ztAct from PacerMonitor.com. About Fortunato's Italian Restaurant Inc. Fortunato's Italian Restaurant, Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-03180) on April 16, 2026, with $0 to $50,000 in assets and $500,001 to $1 million in liabilities. Judge Luis Ernesto Rivera II presides over the case. Buddy D Ford, Esq., at Ford & Semach, P.A. represents the Debtor as legal counsel. GENERATIONS ON 1ST: Creditor Trust & Sale Proceeds to Fund Plan --------------------------------------------------------------- Generations on 1st, LLC, through its Chief Restructuring Officer (the "CRO"), and Red River State Bank ("RRSB", and together with the CRO, the "Plan Proponents") submitted a Disclosure Statement for the Joint Plan of Liquidation dated May 20, 2026. The Debtor is owned by Mr. Jesse Craig and historically, it was managed by his spouse, Ms. Mulinda Craig, through a business entity they own called CP Business Management, Inc. The Debtor's principal asset is an apartment building located at 26 1st Avenue SW (the "GO1 Project") in Watertown, South Dakota (the "City"). Additionally, the first floor of the building is currently used to operate a senior center with a large community room, craft room, conference room, game room and a full commercial kitchen (the "Watertown Senior Center"). Prior to the Petition Date, the GO1 Project went into default. Gross rents were not sufficient to pay all expenses and debt service as they came due. In October 2024, a South Dakota state court appointed a receiver called HME Properties LLC, an independent third party, to collect rents and operate the GO1 Project. Debtor filed this Chapter 11 bankruptcy case on January 6, 2025. Notwithstanding the fact that construction is complete and rental income is stabilized, the GO1 Project is still insolvent. Debtor's cashflow is not sufficient to make all monthly payments on the Debtor’s debt as it comes due. The Debtor simply has too much debt. The Plan provides two sources of recovery for creditors: a sale process and a creditor trust. First, RRSB has agreed to liquidate 100% of its Real Estate Collateral to fund the Plan. Sale Proceeds will be used to pay Administrative Claims, Priority Tax Claims, UST quarterly fees, RRSB's Class 1 Secured Claim, and all Class 4 Convenience Class claims. Second, the Plan will establish a Creditor Trust to fund the investigation and prosecution of any and all Causes of Action owned by the Debtor. Proceeds from the Sale of Real Estate Collateral of no less than $250,000 will be allocated to fund the work of the Creditor Trust. All proceeds of litigation or settlement will be distributed pro rata to Class 3 general unsecured Creditors. Class 3 consists of general unsecured claims against the Debtor that exceed $5,000. The largest Class 3 claim will be the deficiency claim of RRSB. Holders of Class 3 claims will receive their pro rata share of all distributions made by the Creditor Trust. Class 4 consists of general unsecured claims for less than $5,000 held by Watertown Municipal Utilities, White Glove Cleaning and Cannon Electric LLC. The Plan expressly allows the following claims: POC 5 for $4,637, POC 6 for $1069, and POC 8 for $601. Holders of Class 4 claims will receive payment in full on the Effective Date. Class 6 consists of Holders of Equity Interests. The Plan calls for Equity Interests against the Debtor to be extinguished. The Plan does not provide a distribution for Class 6, nor are they entitled to vote on the Plan. The Plan is proposed by the Debtor and RRSB. The Holders of allowed Claims will be paid from the Sale of Real Estate Collateral in accordance with priorities set forth in the Bankruptcy Code, a structure that the Plan Proponents believe will produce an expedient and equitable outcome for all Creditors. The Plan Proponents intend to execute a Purchase Agreement with VKB to sell the Real Estate Collateral to VKB for $8,840,000 within 30 days of the Confirmation Date. If the VKB Transaction closes, Debtor shall transfer the Real Estate Collateral to VKB free and clear of all liens, claims, interests, and encumbrances to the maximum extent permitted by the Bankruptcy Code, with any such security interests attaching to the Sale Proceeds with the same validity, priority, and extent as existed prepetition, for subsequent distribution under the Plan. A trust shall be formed on the Effective Date for the benefit of creditors (the "Creditor Trust") pursuant to the trust agreement. On the Effective Date, all Causes of Action shall be assigned to the Creditor Trust. The Creditor Trustee shall investigate, litigate and/or settle Causes of Action for the benefit of all Holders of Class 3 Claims. On or as soon as practicable after the Effective Date, Debtor shall transfer proceeds of the Sale of the Real Estate Collateral in an amount equal to or greater than $250,000 to fund the Creditor Trust. A full-text copy of the Disclosure Statement dated May 20, 2026 is available at https://urlcurt.com/u?l=KnrDs7 from PacerMonitor.com at no charge. Counsel to Plan Proponent: VOGEL LAW FIRM Caren W. Stanley, Esq. Kesha L. Tanabe, Esq. Drew J. Hushka, Esq. 218 NP Avenue PO Box 1389 Fargo, ND 58107-1389 Telephone: (701) 237-6983 Fax: (701) 476-7676 About Generations on 1st and Parkside Place Generations on 1st, LLC, a company in Fargo, N.D., and its affiliate Parkside Place, LLC, filed Chapter 11 petitions (Bankr. D.N.D. Lead Case No. 25-30002) on January 6, 2025. In their petitions, Generations on 1st reported total assets of $13,567,037 and total liabilities of $12,137,102 while Parkside Place reported $7,221,882 in assets and $5,599,522 in liabilities. Judge Shon Hastings handles the cases. The Debtors are represented by Maurice VerStandig, Esq. at The Dakota Bankruptcy Firm. Red River State Bank, as lender, is represented by Drew J. Hushka, Esq., at Vogel Law Firm.oikpl;[ GEORGE AVE 2: Case Summary & One Unsecured Creditor --------------------------------------------------- Debtor: George Ave 2 LLC 1290 Ascent Trail Circle Erie, CO 80516 Business Description: George Ave 2 LLC is a real estate holding company that owns residential properties in Erie, Colorado, including properties at 224 and 228 Briggs Street and 515 Pierce Street. Chapter 11 Petition Date: May 27, 2026 Court: United States Bankruptcy Court District of Colorado Case No.: 26-13754 Judge: Hon. Thomas B McNamara Debtor's Counsel: David V. Wadsworth, Esq. WADSWORTH GARBER WARNER CONRARDY, P.C. 2580 West Main Street Suite 200 Littleton, CO 80120 Tel: 303-296-1999 Email: dwadsworth@wgwc-law.com Total Assets: $2,448,160 Total Liabilities: $2,583,230 The petition was signed by Daniel Franklin as manager. The Debtor listed High Plains Bank, located at 600 Kimbark Street Longmont, CO, 80501, as its sole unsecured creditor, holding a claim of $383,655. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/7TBXTSI/George_Ave_2_LLC__cobke-26-13754__0001.0.pdf?mcid=tGE4TAMA GLACIER CAR: Gets Final OK to Use Cash Collateral ------------------------------------------------- Glacier Car and Dog Wash, LLC received final approval from the U.S. Bankruptcy Court for the District of Colorado to use cash collateral. Under the order, the debtor is authorized to use cash collateral in accordance with the budget previously filed. This approval permits the company to continue operating and funding its business activities during the bankruptcy process while following the approved spending framework. The secured creditors with interests in the Debtor's cash collateral are primarily Arizona Financial Credit Union (though its lien is not clearly confirmed via UCC filings) and the Adams County Treasurer, which may hold a statutory lien. As adequate protection, secured creditors will be granted replacement liens on post-petition accounts receivable to the extent of any decline in collateral value. The Debtor must also maintain insurance coverage, provide periodic bankruptcy reports, preserve collateral in good repair, pay all post-petition taxes, and limit deviations from the approved budget to no more than 15% per expense line item each month, excluding U.S. Trustee fees. The order is available at https://tinyurl.com/mr2s2m6h from PacerMonitor.com. About Glacier Car and Dog Wash LLC Glacier Car and Dog Wash, LLC operates a combined dog wash and car wash facility in Thornton, Colorado. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Colo. Case No. 26-13121-KHT) on May 4, 2026. In the petition signed by Seana Cabral, vice president, the Debtor disclosed up to $10 million in both assets and liabilities. Judge Kimberley H. Tyson oversees the case. Aaron A. Garber, Esq., at Wadsworth Garber Warner Conrardy, P.C., represents the Debtor as legal counsel. GREEK FREEK: Hires Law Office of Mark J. Giunta as Counsel ---------------------------------------------------------- Greek Freek Properties, LLC seeks approval from the U.S. Bankruptcy Court for the District of Arizona to employ Law Office of Mark J. Giunta as counsel. The firm will provide these services: a. furnishing legal advice with respect to the powers and duties of debtor-in-possession in the continued operation of its affairs and management of its property; b. preparing necessary applications, answers, orders, reports, motions and other legal papers; and c. performing all other legal services for which may be necessary herein. The firm will be paid at these rates: Mark J. Giunta $525 per hour Senior Associate $350 per hour Associate $275 per hour Legal Assistant $125 per hour The firm received a retainer in the total amount of $6,000. Prior to the Chapter 11 filing, $5,826.05 was drawn down on May 11, 2026, for pre-petition services and costs ($4,091.05 for attorneys' fees and $1,738 for the bankruptcy filing fee). MJG currently maintains a retainer in the amount of $173.95. The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Mr. Giunta, 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 J. Giunta, Esq. Law Office of Mark J. Giunta 531 East Thomas Road, Suite 200 Phoenix, AZ 85012 Tel: (602) 307-0837 Fax: (602) 307-0838 Email markgiunta@giuntalaw.com About Greek Freek Properties LLC Greek Freek Properties LLC is a limited liability company engaged in property ownership and real estate-related operations. Greek Freek Properti,les LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-04666) on May 11, 2026. In its petition, the Debtor reported estimated assets between $100,001 and $1 million and estimated liabilities between $100,001 and $1 million. Honorable Bankruptcy Judge Daniel P. Collins handles the case. The Debtor is represented by Mark J. Giunta, Esq. of Law Office of Mark J. Giunta. GREEN SAPPHIRE: Hires Clark Hill PLC as Litigation Counsel ---------------------------------------------------------- Green Sapphire Holdings seeks approval from the U.S. Bankruptcy Court for the Northern District of Illinois to employ Giel Stein of Clark Hill, PLC as its litigation counsel. The Debtor requires assistance of counsel to represent it in litigation pending in the United States District Court for the Northern District of Illinois -- Wolfe v. Looper, Case No. 1:24-cv-1538 (N.D. Ill.) -- which is a civil RICO action seeking to vindicate Debtor's rights and remedy injuries inflicted upon Debtor through Defendants' schemes. The normal billing rate for attorneys at Clark Hill, PLC is $885 per hour. Mr. Stein 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: Giel Stein, Esq. Clark Hill, PLC 130 E. Randolph St., Suite 3900 Chicago, IL 60601 Telephone: (312) 517-7520 Facsimile: (312) 985-5979 Email: gstein@clarkhill.com About Green Sapphire Holdings Green Sapphire Holdings Inc., f/d/b/a Organic Fuels Holdings, Inc., provides specialized financial investment services, including portfolio management and investment advisory, operating within the broader financial sector. Green Sapphire Holdings Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 25-07412) on May 14, 2025. In its petition, the Debtor reports estimated assets and liabilities between $50 million and $100 million. Honorable Bankruptcy Judge Jacqueline P. Cox handles the case. The Debtor tapped Modestas Law Offices, PC and Anthony J. Peraica & Associates, Ltd. as counsel. GROUND WEST: Gets Interim OK to Use Cash Collateral --------------------------------------------------- Ground West Franklin, LLC received interim approval from the U.S. Bankruptcy Court for the Middle District of Tennessee, Nashville Division, to use cash collateral. Under the interim order, the Debtor is authorized to use cash collateral to pay operating expenses based on its budget. The Debtor is also granted access to existing cash, deposit accounts, cash equivalents, post-petition revenues, accounts receivable, and funds held by third-party payment processors without interference from creditors claiming an interest in those assets. The Debtor identifies the U.S. Small Business Administration as a potential secured creditor with a pre-petition blanket UCC-1 lien on substantially all assets, including cash and receivables. As adequate protection, the SBA and other creditors claiming interests in cash collateral will receive replacement liens on post-petition property and proceeds, with the same priority and extent as their pre-petition liens. While reserving the right to challenge the validity, extent, or enforceability of any liens, the Debtor will treat the SBA as a lienholder for interim purposes. The court scheduled a further hearing for June 9 and set a June 4 deadline for filing objections. The order is available at http://bankrupt.com/misc/GROUNDWEST_ICCOrder.pdf About Ground West Franklin LLC Ground West Franklin, LLC operates a fast-casual restaurant operating in Williamson County, Tennessee. Ground West Franklin filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Tenn. Case No. 26-02343) on May 15, 2026. In the petition signed by Matthew Gonzalez, co-owner, the Debtor disclosed up to $50,000 in assets and up to $1 million in liabilities. Judge Nancy B. King oversees the case. Jay R. Lefkovitz, Esq., at Lefkovitz & Lefkovitz, PLLC, represents the Debtor as legal counsel. Timothy Stone of Newpoint Advisors Corporation serves as Subchapter V trustee for the Debtor. GULF SOUTH: Case Summary & 12 Unsecured Creditors ------------------------------------------------- Debtor: Gulf South Hospice of New Orleans, LTD 812 Hesper Avenue Metairie, LA 70005 Business Description: Gulf South Hospice of New Orleans provides hospice care in Metairie, Louisiana. The company offers services including medical supplies and equipment, pain control and symptom management, social worker visits, and spiritual support for patients and families. Its care may be provided in homes, nursing facilities, assisted living facilities, and acute care hospitals. Gulf South Hospice is Medicare and Medicaid certified. Chapter 11 Petition Date: May 27, 2026 Court: United States Bankruptcy Court Eastern District of Louisiana Case No.: 26-11284 Judge: Hon. Meredith S Grabill Debtor's Counsel: Patrick S. Garrity, Esq. DERBES LAW FIRM, LLC 3027 Ridgelake Dr. Metairie, LA 70002 Tel: (504) 207-0920 E-mail: pgarrity@derbeslaw.com Estimated Assets: $0 to $50,000 Estimated Liabilities: $1 million to $10 million The petition was signed by Robert Merrett as president. 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/MCN4R6I/Gulf_South_Hospice_of_New_Orleans__laebke-26-11284__0001.0.pdf?mcid=tGE4TAMA GUNTER LAND: Seeks to Tap Ellis Eppich Schafer Jones as Counsel --------------------------------------------------------------- Gunter Land NTX, LLC seeks approval from the U.S. Bankruptcy Court for the Eastern District of Texas to hire Bonds Ellis Eppich Schafer Jones LLP as its counsel. The firm can be reached through: a. serve as attorneys of record for the Debtors and to provide representation and legal advice with respect to the Debtors' powers and duties as debtors in possession in the continued operation of the Debtors' businesses; b. assist the Debtors in carrying out their duties under the Bankruptcy Code, including advising the Debtors of such duties, their obligations, and their legal rights; c. take all necessary action to protect and preserve the Debtors' estates, including the prosecution of actions on the Debtors' behalf, the defense of actions commenced against the Debtors, the negotiation of disputes in which the Debtors are involved, and the preparation of objections, as necessary, to relief sought and claims filed against the Debtors' estates; d. consult with the United States Trustee, any statutory committee that may be formed, and all other creditors and parties in interest concerning administration of these Chapter 11 Cases; e. assist in potential sales of the Debtors' assets; f. prepare on behalf of the Debtors all motions, applications, answers, orders, reports, and other legal papers and documents to further the Debtors' estates' interests and objections, and to assist the Debtors in preparation of schedules, statements, and reports, and to represent the Debtors and their estates at all related hearings and at all related meetings of creditors, United States Trustee interviews, and the like; g. assist the Debtors in connection with preparing and refining their chapter 11 plans and disclosures statements, and/or all related agreements and documents necessary to facilitate an exit from these Chapter 11 Cases, take appropriate action on behalf of the Debtors to obtain confirmation of such plans, and take such further actions as may be required in connection with the implementation of such plans; h. assist the Debtors in analyzing and appropriately treating the claims of creditors, including objecting to claims and trying claim objections; i. appear before this Court and any appellate courts or other courts having jurisdiction over any matter associated with these Chapter 11 Cases; and j. perform all other legal services and provide all other legal advice to the Debtors as may be required or deemed to be in the interest of their estates in accordance with the Debtors' rights and duties as set forth in the Bankruptcy Code. The firm's hourly rates are: Bailey C. Pompea, Partner $425 Eric T. Haitz, Partner $500 H. Brandon Jones, Partner $500 Honest Kapic, Associate $315 Linda Gordon, Paralegal $325 Bonds Ellis received $50,000 from the Debtors as a retainer. The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Eric T. Haitz, Esq., a partner at Bonds Ellis Eppich Schafer Jones 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: Eric T. Haitz, Esq. Bonds Ellis Eppich Schafer Jones LLP 420 Throckmorton Street, Suite 1000 Fort Worth, TX 76102 Telephone: (817) 405-6900 Facsimile: (817) 405-6902 Email: eric.haitz@bondsellis.com About Gunter Land NTX, LLC Gunter Land NTX, LLC is a Dallas-based real estate company associated with property ownership and land-related activity in North Texas. The company, whose listed address is in Dallas, is linked to property in Van Alstyne, Grayson County, Texas. Gunter Land NTX, LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. E.D. Tex. Case No. 26-41416) on April 24, 2026, listing $10 million to $50 million in assets and $1 million to $10 million in liabilities. The petition was signed by Donald Craig Barrow as authorized member. Eric T. Haitz, Esq. at BONDS ELLIS EPPICH SCHAFER JONES LLP serves as the Debtor's counsel. HARVEST SHERWOOD: Unsecureds to Get Share of Liquidating Trust -------------------------------------------------------------- Harvest Sherwood Food Distributors, Inc., and its affiliates filed with the U.S. Bankruptcy Court for the Northern District of Texas a First Amended Disclosure Statement describing First Amended Joint Chapter 11 Plan dated May 20, 2026. Harvest Sherwood Food Distributors, Inc. was a national food distribution operator primarily comprised of two regional operators that were formerly separately owned, Sherwood Food Distributors and Harvest Food Distributors. Since its founding in 1969 as Regal Packing Company, Sherwood Food Distributors grew to become one of the largest independent distributors in the meat and food industry, shipping over 20 million pounds of food products weekly on a fleet of over 250 trucks through a network of distribution centers in Atlanta, Cleveland, Detroit, Miami, and Orlando. In total, these distribution centers comprised over one million square feet of refrigerated warehouse space with over a million cases in stock covering over 50 food categories. In June 2024, the Company engaged Sidley Austin LLP and Ankura Consulting Group, LLC to assess and pursue the Restructuring Process in the face of its operational headwinds. In August 2024, (i) the Company appointed Andrew Scriven of Ankura as Chief Transformation Officer and (ii) engaged Houlihan to run the Marketing Process and otherwise assist the Company on restructuring and financing alternatives during the Restructuring Process. Faced with these operational pressures, the failure of the Marketing Process, and the sudden withholding of tens of millions of the Company's operating revenue by Sprouts, the Company determined that no going concern transaction would be viable on the timeline dictated by the Company's liquidity situation. In mid-February 2025, the Company, with the support of its ABL Lenders, commenced an orderly winddown process to liquidate its remaining inventory, collect on its accounts receivable, and transition certain of its national distribution centers to new operators (collectively, the "Winddown Process"). In connection with the Debtors' difficult decision to shut down their operations, the Debtors executed the Second Amendment on March 18, 2025, which provided for a waiver of all applicable events of default under the Prepetition Credit Agreement and finalized commitments for the Company's orderly Winddown Process. After determining to commence its Winddown Process, the Company worked with Hilco Global14 to monetize the Company's existing inventory and collection of accounts receivable. Over an eight-week period, the Company monetized substantially all of its inventory to recover approximately $140 million on account of such inventory, which had a face value cost of approximately $154 million (i.e., an approximately 91% recovery rate). Prior to these inventory sales, the Company had approximately $205 million of accounts receivable, which increased to approximately $345 million in connection with the inventory sales. The Debtors' accounts receivable balance is now approximately $35 million (excluding the Sprouts Litigation Assets), which consists primarily of accounts receivable that the Debtors deem uncollectable. The Debtors, the Post-Effective Date Debtors, or the Liquidating Trust, as applicable, shall fund the transactions and distributions under the Plan from the Exit Capital Facility and the Liquidating Trust Assets in accordance with the terms of the Plan. The Exit Capital Facility and Exit Capital Commitment Agreement represent the most viable, documented, and actionable proposal received by the Debtors as of the date hereof and reflect meaningful concessions from the Plan Funders. The Exit Capital Commitment Agreement permits the Debtors to continue to solicit and evaluate any actionable alternative financing or other transaction proposals through the Voting Deadline for the Plan; provided that any Alternative Transaction must satisfy certain requirements set forth in the Exit Capital Commitment Agreement to ensure that any alternative proposal is executable, is fully funded, and provides the estates with protections comparable to those embodied in the Exit Capital Facility. Class 3 consists of General Unsecured Claims against the Debtors. On the Effective Date, except to the extent that a Holder of an Allowed General Unsecured Claim agrees to less favorable treatment, in full and final satisfaction, settlement, release, and discharge of such Allowed General Unsecured Claim, each Holder of an Allowed General Unsecured Claim shall receive (a) if such Holder is a Qualified Holder, its Pro Rata share of the Series B-1 Liquidating Trust Interests, or (b) if such Holder is a Non Qualified Holder, its Pro Rata share of the Series B-2 Liquidating Trust Interests, each of which will receive distributions pursuant to the Distribution Schedule. Class 3 is Impaired. Class 8 consists of all Intercompany Interests in the Debtors. On the Effective Date, or as soon as reasonably practicable thereafter, all Allowed Intercompany Interests shall either be, in the discretion of the Liquidating Trust and subject to the majority consent of the Liquidating Trust Advisory Board, (x) cancelled, released, extinguished, and otherwise eliminated and Holders of such Intercompany Interests shall not receive any Plan Distributions or retain any interest in property on account of such Intercompany Claims or (y) Reinstated. The Debtors or the Post-Effective Date Debtors, as applicable, or the Liquidating Trust, as applicable, shall fund the transactions and distributions under the Plan from the Exit Capital Facility. Each distribution and issuance referred to in Article IV of the Plan shall be governed by the terms and conditions set forth in the Plan applicable to such distribution or issuance and by the terms and conditions of the instruments evidencing or relating to such distribution or issuance, which terms and conditions shall bind each Entity receiving such distribution or issuance. On the Effective Date, the Post-Effective Date Debtors shall be authorized to enter into the Exit Capital Facility. As and to the extent authorized by the Liquidating Trust Advisory Board, the proceeds of the Exit Capital Facility may be used for any purpose permitted by the Exit Capital Facility Documents. A full-text copy of the First Amended Disclosure Statement dated May 20, 2026 is available at https://urlcurt.com/u?l=cvHYSO from Epiq Corporate Restructuring LLC, claims agent. The Debtors' Counsel: Thomas R. Califano, Esq. Chelsea McManus, Esq. SIDNEY AUSTIN LLP 2021 McKinney Avenue, Suite 2000 Dallas TX 75201 Tel: (214) 981-3300 Email: tom.califano@sidley.com cmcmanus@sidley.com - and - Stephen Hessler, Esq. Anthony R. Grossi, Esq. SIDLEY AUSTIN LLP 787 Seventh Avenue New York, New York 10019 Tel: (212) 839-5300 Fax: (212) 839-5599 Email: shessler@sidley.com agrossi@sidley.com jhufendick@sidley.com - and - Jason L. Hufendick, Esq. Ryan Fink, Esq. Daniela Rakowski, Esq. SIDLEY AUSTIN LLP One South Dearborn Chicago, Illinois 60603 Tel: (312) 853-7000 Fax: (312) 853-7036 Email: jhufendick@sidley.com ryan.fink@sidley.com drakowski@sidley.com About Harvest Sherwood Food Distributors Harvest Sherwood is a U.S.-based national food distribution company formed through the merger of Sherwood Food Distributors and Harvest Food Distributors. It operates 14 distribution centers and delivers over 32 million pounds of food weekly to customers including retailers, cruise lines, and food service providers. In early 2025, the Company initiated the wind-down of its operations and is pursuing asset sales through Chapter 11 proceedings to facilitate an orderly wind down of its estates. On May 5, 2025, Harvest Sherwood Food Distributors, Inc., and its affiliates sought Chapter 11 protection (Bankr. N.D. Tex. Lead Case No. 25-80109). The Hon. Stacey G. Jernigan is the case judge. Harvest Sherwood listed $1 billion to $10 billion in assets against $500 million to $1 billion in liabilities as of the bankruptcy filing. The Debtors tapped Sidley Austin LLP as general bankruptcy counsel, MERU, LLC, as financial advisor, and Hilco Commercail Industrial LLC and Hilco Receivables, LLC, as restructuring advisor. EPIQ Corporate Restructuring, LLC, is the claims agent. The official committee of unsecured creditors retained McDermott Will & Emery LLP as counsel and Province, LLC as financial advisor. HIDDEN VALLEY: Gary Murphey Named Subchapter V Trustee ------------------------------------------------------ The Acting U.S. Trustee for Region 8 appointed Gary Murphey at Resurgence Financial Services, LLC as Subchapter V trustee for Hidden Valley Lakes Trustees, Inc. Ms. Murphey 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. Murphey declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Gary M. Murphey Resurgence Financial Services, LLC 3330 Cumberland Blvd. Suite 500 Atlanta, GA 30339 (404) 886 – 9104 Email: murphey@rfslimited.com About Hidden Valley Lakes Trustees Inc. Hidden Valley Lakes Trustees, Inc. sought protection under Chapter 11 of the Bankruptcy Code (Bankr. M.D. Tenn. Case No. 26-02432) on May 21, 2026. At the time of filing, the Debtor had estimated assets of between $1 million and $10 million and liabilities of between $500,001 and $1 million. Judge Randal S. Mashburn oversees the case. Sherrard Roe Voigt & Harbison, PLC is Debtor's legal counsel. INNOVATIVE INDUSTRIAL: A.G.P. Provides $20MM Loan Due October 2026 ------------------------------------------------------------------ Innovative Industrial Properties, Inc. announced in a regulatory filing that it entered into an ATM Advance Agreement with A.G.P./Alliance Global Partners. The proceeds of the Loan Agreement are expected to be used for general corporate purposes, including the repayment of the Company's 5.50% Senior Notes due May 2026. The Loan Agreement provides for a term loan in the aggregate principal amount of $20 million to the Company. The Loan bears interest at a rate of 10.0% per annum, compounding monthly on the last business day of each calendar month; provided that, at any time that an event of default under the Loan Agreement has occurred and is continuing, the Loan will bear interest at a rate of 18.0% per annum. The Loan matures on October 9, 2026, and pursuant to the terms of the Agreement, we are required to make weekly interest and principal payments beginning on May 29, 2026. In connection with the Loan Agreement and the Loan, the Company granted Lender a security interest in and a lien upon the gross proceeds the Company receives from the sale of securities pursuant to the equity distribution agreement, dated May 13, 2025, between the Company and Lender, net of any sales agent commissions, but before deduction of any other expenses or costs, and all the Company's rights under the Sales Agreement, all of the Company's right, title and interest in and to the Company's at-the-market equity offering program and the securities offered thereunder, and the Sales Proceeds thereof; provided, that no security interest was granted in any rights under the equity distribution agreement or similar arrangement other than the Sales Agreement. The Company agreed to pay an advance setup fee of 1% of the amount of the Loan. The Loan Agreement provides for voluntary prepayment in whole or in part at any time without premium or penalty, upon notice to Lender. The Loan Agreement requires mandatory prepayment upon the occurrence of specified events, including: (i) the receipt of proceeds from certain significant asset dispositions and (ii) the occurrence of certain events that may adversely affect the Company's financial position, capital markets access, ownership structure or the value of material collateral securing the loan, including termination of the Company's at-the-market equity offering program, a sustained suspension in trading of the Company's equity securities, or a change of control. Additionally, during the term of the Loan Agreement, the Company is required to deposit into a segregated deposit account all Sales Proceeds. Prior to the occurrence of an event of default under the Loan Agreement, the Company may withdraw funds from the Segregated Account for any general corporate purpose. During the continuance of an event of default, unless the Company obtains Lender's prior written consent, amounts on deposit in the Segregated Account may be withdrawn by the Company only to make scheduled weekly payments or mandatory prepayments under the Loan Agreement. The Segregated Account will be subject to a deposit account control arrangement in favor of the Lender, pursuant to which, during the continuance of an event of default under the Loan Agreement, the Lender may exercise control over funds in the account, including directing the withdrawal of funds to satisfy the Company's outstanding obligations under the Loan Agreement. The Company has also appointed Lender as its attorney-in-fact and delivered to Lender an escrowed placement notice (the "Escrowed Placement Notice"), which Lender may execute upon the occurrence and during the continuance of an event of default to effect sales under the Sales Agreement, subject to the pricing parameters set forth in the Escrowed Placement Notice and the other terms and conditions of the Sales Agreement. The Escrowed Placement Notice may not be used to effect any forward sale. Any Sales Proceeds from such sales will be deposited into the Segregated Account and may be applied by Lender to satisfy the Company's outstanding obligations under the Loan. The Escrowed Placement Notice and the related power of attorney will terminate upon payment in full of all obligations under the Loan Agreement. The Loan Agreement contains customary representations and warranties, covenants and events of default. The covenants set forth in the Loan Agreement include certain affirmative and negative operational and financial covenants, including, among other things, restrictions on the Company's ability to incur certain liens or indebtedness, make fundamental changes to its business, modify or terminate its at-the-market equity offering program with Lender, permit the aggregate remaining capacity under the at-the-market equity offering program with Lender to be less than a specified amount, sell any securities through an at-the-market equity offering program other than pursuant to the program with Lender as the exclusive sales agent while the Company's obligations under the Loan Agreement remain outstanding. In addition, the Loan Agreement contains customary events of default, including, among others, the failure to pay principal, interest or other amounts when due, breaches of representations, warranties or covenants, defaults under certain other indebtedness, certain bankruptcy or insolvency events, certain judgment events and other customary events of default for financings of this type. Certain events of default may also arise from the Company's failure to comply with specified operating, financing and capital markets-related covenants set forth in the Loan Agreement. A full text copy of the Loan Agreement is available at https://tinyurl.com/8pvnkxsx About Innovative Industrial Properties Inc. Innovative Industrial Properties, Inc. is an internally-managed REIT focused on the acquisition, ownership and management of specialized industrial and commercial properties in the United States. Its properties are primarily leased to experienced, state-licensed operators for their regulated cannabis facilities. The Company have acquired and intend to continue to acquire its properties through sale-leaseback transactions and third-party purchases. The Company have leased and expects to continue to primarily lease its properties on a triple-net lease basis, where the tenant is responsible for all aspects of and costs related to the property and its operation during the lease term, including structural repairs, maintenance, real estate taxes and insurance. The Company's independent auditor, Sadler, Gibb & Associates, LLC, based in Draper, Utah, and serving since 2018, included a "going concern" qualification in its report dated February 24, 2026, citing the Company's significant outstanding debt obligation that matures within the next 12 months raises substantial doubt about the Company's going concern. As of March 31, 2026, the Company had $2.4 billion in total assets, $499.4 million in total liabilities, and $1.9 billion in total stockholders' equity. INSPIREMD INC: Director Paul Stuka Will Not Stand for Reelection ---------------------------------------------------------------- InspireMD, Inc. announced in a regulatory filing that Paul Stuka notified of his decision to not seek reelection as a Class I director of the Board of Directors at the Company's 2027 Annual Meeting of Stockholders and to retire from the Board. Mr. Stuka's decision did not result from any disagreement with the Company on any matter relating to the Company's operations, policies, practices or otherwise. Mr. Stuka is currently the Chair of the Board, the Chair of the Compensation Committee of the Board, and a member of the Audit Committee and the Nominating and Corporate Governance Committee of the Board. Mr. Stuka currently expects to continue to serve in such capacities until his term as a Class I director expires at the 2027 Annual Meeting. As part of succession planning, the Nominating and Corporate Governance Committee of the Board plans to identify and evaluate suitable candidates for the Board. About InspireMD Headquartered in Tel Aviv, Israel, InspireMD, Inc. -- http://www.inspiremd.com/-- is a medical device company focusing on the development and commercialization of its proprietary MicroNet stent platform technology for the treatment of complex vascular and coronary disease. A stent is an expandable "scaffold-like" device, usually constructed of a metallic material, that is inserted into an artery to expand the inside passage and improve blood flow. Its MicroNet, a micron mesh sleeve, is wrapped over a stent to provide embolic protection in stenting procedures. Tel-Aviv, Israel-based Kesselman & Kesselman, the Company's auditor since 2010, issued a "going concern" qualification in its report dated March 18, 2026, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2025, citing that the Company has suffered recurring losses from operations and cash outflows from operating activities that raise substantial doubt about its ability to continue as a going concern. As of March 31, 2026, the Company had $56.5 million in total assets, $12.9 million in total liabilities, and $43.6 million in total equity. INTERNATIONAL UNION: Hires Sugarman Susskind as Special Counsel --------------------------------------------------------------- International Union of Police Associations Local 6020 seeks approval from the U.S. Bankruptcy Court for the Southern District of Florida to hire Sugarman, Susskind, & Braswell P.A as counsel. The firm will represent the Debtor in connection with the Broward County Circuit Court litigation captioned Jane Doe v. Frank Voudy, III, et al. (Case No. 22-0163316); and the interlocutory appeal (Case No. 4D2025-2788) currently pending before the Fourth District Court of Appeals. The professional services the attorneys will render are: (a) appear for and represent the Debtor in connection with the Litigation: (b) evaluate, defend, prosecute, negotiate, or otherwise resolve the Litigation as necessary to protect the Debtor’s interests; (c) prepare and file pleadings, motions, responses, discovery, stipulations, proposed orders, and all related documents necessary for the proper defense and administration of the Litigation; (d) advise the Debtor regarding litigation strategy and the potential impact of these Litigation proceedings; and (e) take any additional actions reasonably necessary to represent the Debtor in connection with this Litigation. The firm will charge its customary hourly rate of $350. Jose Rodriguez, of counsel at Sugarman, assured the court that the firm is a "disinterested person" as that term is defined in section 101(14) of the Bankruptcy Code, as modified by section 1107(b) of the Bankruptcy Code. The firm can be reached through: Jose J. Rodriguez, Esq. Sugarman Susskind Braswell & Herrera 150 Alhambra Cir Ste 725 Coral Gables, FL 33134-4534 Phone: (305) 529-2801 Email: info@sugarmansusskind.com About International Union of Police Associations Local 6020 International Union of Police Associations Local 6020 filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-14757) on April 16, 2026, listing $50,001 to $100,000 in assets and $500,001 to $1 million in liabilities. Chad T Van Horn, Esq. serves as the Debtor's counsel. IRONNET INC: Still Faces Funding Gap to Close Chapter 11 Case ------------------------------------------------------------- Rick Archer of Law360 Bankruptcy Authority reports that IronNet told a Delaware bankruptcy court on Monday that it is still about $1 million behind on its Chapter 11 financial obligations, even as a motion seeking dismissal of the case remains active. The update comes as the cybersecurity firm continues working through its restructuring process. Court discussions indicated that the outstanding amount relates to required case payments, including administrative expenses tied to the ongoing bankruptcy. Parties in interest raised concerns that the shortfall could undermine the feasibility of the company’s reorganization efforts. The judge did not resolve the dismissal motion at the hearing, instead allowing the case to proceed while IronNet attempts to address the payment deficit. The court is expected to revisit the issue if the arrears are not cured promptly, the report states. About IronNet Inc. Founded in 2014 and headquartered in McLean, Va., IronNet, Inc. (NYSE: IRNT) -- https://www.ironnet.com/ -- is a global cybersecurity company that is transforming how organizations secure their networks by delivering the first-ever collective defense platform operating at scale. Employing a number of former NSA cybersecurity operators with offensive and defensive cyber experience, IronNet integrates deep tradecraft knowledge into its industry-leading products to solve the most challenging cyber problems facing the world today. The Debtors sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del. Case No. 23-11710) on Oct. 12, 2023. In the petition signed by Cameron Pforr, president and chief financial officer, IronNet, Inc. disclosed $77,389 in assets and $33,833,108 in liabilities. Debtor IronNet Cybersecurity Inc. listed $10 million to $50 million in estimated assets and $50 million to $100 million in estimated liabilities. Judge Brendan Linehan Shannon oversees the cases. The Debtors tapped Young Conaway Stargatt & Taylor, LLP as bankruptcy counsel, Arnold & Porter Kaye Scholer LLP as general corporate counsel, and Stretto, Inc. as claims, noticing, and solicitation agent. Paul, Weiss, Rifkind, Wharton & Garrison LLP represents the DIP lenders as legal counsel. ISLAND GASTROENTEROLOGY: Gets Extension to Access Cash Collateral ----------------------------------------------------------------- The U.S. Bankruptcy Court for the Eastern District of New York entered its fifth interim order authorizing Island Gastroenterology Consultants, P.C. to use cash collateral to fund operations. Under the fifth interim order, the Debtor is authorized to use cash collateral to fund ordinary operating expenses, including payroll, taxes, utilities, insurance, maintenance, and repairs, in accordance with its budget. The Debtor said it lacks sufficient unencumbered funds to continue operations and requires immediate access to cash collateral to maintain its medical practice and work toward reorganization. As adequate protection, Link Medical Services, PLLC will be granted first-priority replacement liens while Dr. Mariwalla will be granted second-priority replacement liens. In addition, both lenders will receive superpriority administrative expense claims equal to the amount of cash collateral used, subject to lien validity. The order is immediately effective and modifies the automatic stay as necessary. A final hearing is scheduled for July 10, with objections due by July 2. A copy of the court order is available at https://tinyurl.com/4hws7s37 from PacerMonitor.com. About Island Gastroenterology Consultants P.C. Island Gastroenterology Consultants, P.C. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D.N.Y. Case No. 26-70198) on January 14, 2026, listing between $1 million and $10 million in both assets and liabilities. The petition was signed by Raj Mariwalla, M.D. as director. Judge Sheryl P. Giugliano oversees the case. The Debtor is represented by: Sean C. Southard, Esq. Klestadt Winters Jureller Southard & Stevens, LLP Tel: 212-972-3000 Email: ssouthard@klestadt.com Andrew Charles Brown Klestadt Winters Jureller Southard & Stevens, LLP Tel: 212-972-3000 Email: abrown@klestadt.com ISLAND GASTROENTEROLOGY: Plan Exclusivity Extended to Sept. 11 -------------------------------------------------------------- Judge Sheryl P. Giugliano of the U.S. Bankruptcy Court for the Eastern District of New York extended Island Gastroenterology Consultants, P.C.'s exclusive periods to file a plan of reorganization and obtain acceptance thereof to Sept. 11 and Nov. 10, 2026, respectively. As shared by Troubled Company Reporter, the Debtor submits that "cause" exists for the Court to extend the Exclusive Periods requested in this Motion. Specifically, the following factors all weigh in favor of granting the requested extensions: * The Debtor is less than four months into the Chapter 11 Case; * The first few months involved stabilization of the operations and marketing and sale efforts which were recently formalized with a bid procedure process; * The Bar Date Order was recently set and the deadlines for filing claims has not yet passed and will not pass before the Initial Deadlines expire. Until the general bar date and governmental bar date pass, the Debtor will not know what claims have been filed. Extension of the Exclusive Periods will enable the Debtor to analyze the full universe of claims against the estates prior to proposing a chapter 11 plan. * This request for an extension of the Debtor's Exclusive Periods is the first such request. The Debtor expects to file a chapter 11 plan within the time provided by this first requested extension of the Exclusive Periods. * The Debtor is not seeking an extension of the Exclusive Periods to exert pressure on any party. About Island Gastroenterology Consultants P.C. Island Gastroenterology Consultants, P.C. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D.N.Y. Case No. 26-70198) on Jan. 14, 2026, listing between $1 million and $10 million in both assets and liabilities. The petition was signed by Raj Mariwalla, M.D. as director. Judge Sheryl P. Giugliano oversees the case. The Debtor is represented by: Sean C. Southard, Esq. Klestadt Winters Jureller Southard & Stevens, LLP Tel: 212-972-3000 Email: ssouthard@klestadt.com Andrew Charles Brown Klestadt Winters Jureller Southard & Stevens, LLP Tel: 212-972-3000 Email: abrown@klestadt.com JAGUAR HEALTH: Swaps Series Q Preferred Shares for Common Shares ---------------------------------------------------------------- Jaguar Health, Inc. announced in a regulatory filing that the Company entered into two privately negotiated exchange agreements with Streeterville Capital, LLC, pursuant to which the Company issued an aggregate of 54,222 shares of the Company's common stock, par value $0.0001 per share, to Streeterville in exchange for an aggregate of 7.96 outstanding shares of Series Q Perpetual Preferred Stock held by Streeterville. Upon completion of the exchange transactions, the Exchanged Preferred Shares were cancelled and retired. As previously disclosed, on May 19, 2026, the Company sold and issued to Streeterville an aggregate of 408 shares of Series Q Preferred Stock in two privately negotiated exchange transactions. The Exchange Agreements include representations, warranties, and covenants customary for a transaction of this type. Full text copies of the Exchange Agreements are available at https://tinyurl.com/4k4yfrez and https://tinyurl.com/yjr4ctrd About Jaguar Health Jaguar Health Inc. develops novel proprietary prescription drugs sustainably derived from plants for people with complicated gastrointestinal disease states. Its family companies include Napo Pharmaceuticals Inc., which is developing a highly concentrated lyophilized crofelemer powder for oral solution for intestinal failure, including microvillus inclusion disease and short bowel syndrome with intestinal failure, while Napo Therapeutics S.p.A. is focused on expanding global access to crofelemer and developing therapies for orphan and rare gastrointestinal conditions. In an audit report dated April 7, 2026, RBSM LLP issued a "going concern" qualification, stating that the company has an accumulated deficit, recurring losses, and expects continuing future losses. These conditions raise substantial doubt about the Company's ability to continue as a going concern As of Dec. 31, 2025, the company reported total assets of $38.32 million, total liabilities of $57.01 million, and a total stockholders' deficit of $18.69 million. JASNIA REALTY: Court to Hear FCU Stay Motion on June 25 ------------------------------------------------------- The U.S. Bankruptcy Court for the District of Massachusetts is set to hold a hearing on June 25 on the expedited motion filed by Freedom Credit Union for relief from the automatic stay in the bankruptcy case of Jasnia Realty, LLC regarding certain commercial real estate properties. FCU, a secured creditor of Jasnia Realty, requests that it be granted relief from the automatic stay to exercise its rights to: (i) pursue a foreclosure sale of its mortgages recorded against 438 Springfield Street, Feeding Hills, Massachusetts, and 873 Springfield St., Feeding Hills, Massachusetts; and (ii) enforce its rights against related personal property in accordance with its loan documents. As of the petition date, the real properties are the Debtor's only significant assets. The 438 Springfield Property is a 16-unit building, approximately 5,900 square feet, comprising of all 1-bedroom apartments. The 873 Springfield Property is a 28-unit building, approximately 7,499 square feet, comprising of studio units and 1-bedroom apartments. According to the Debtor's Schedule D, the scheduled value of the 438 Springfield Property is $1,820,000, and the scheduled value of the 873 Springfield Property is $2,900,000. The Debtor listed FCU's secured claims in Schedule D as follows: $950,000 (unliquidated) related to the 438 Springfield Property; and $1,400,000 (unliquidated) related to the 873 Springfield Property. In the motion, FCU argues it is entitled to relief from the automatic stay under section 362(d)(1) of the Bankruptcy Code for "cause" because, among other reasons, it is not adequately protected, including with respect to declining value of the real properties and the Debtor's financial instability. According to the motion, relief is also warranted under section 362(d)(2) because the real properties are not necessary to an effective reorganization as there is no reasonable possibility that the Debtor can successfully reorganize within a reasonable amount of time based on the Debtor's lack of income to pay its secured creditors, including FCU, and its administrative expenses in addition to its ongoing operating expenses. The motion is available at http://urlcurt.com/u?l=kedeDWfrom Pacermonitor.com About Jasnia Realty LLC Jasnia Realty, LLC operates as a limited liability company focused on real estate investment and asset management. Jasnia Realty sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-30102) on Feb. 16, 2026. The filing reflects estimated assets between $1 million and $10 million and estimated liabilities between $1 million and $10 million. The case is assigned to Honorable Bankruptcy Judge Elizabeth D. Katz. The Debtor is represented by Louis S. Robin, Esq., of the Law Offices of Louis S. Robin. KENTUCKY ONLINE: Gets Interim OK to Use Cash Collateral ------------------------------------------------------- Kentucky Online Auction, LLC received interim approval from the U.S. Bankruptcy Court for the Eastern District of Kentucky, Lexington Division, to use cash collateral. Under the interim order, the Debtor is authorized to use cash collateral in accordance with the budget. Any increase in budgeted expenses exceeding 10% requires prior court approval, placing limits on deviations from the approved operating plan. The Debtor identifies several creditors that may claim interests in the cash collateral through UCC financing statements filed in Kentucky. These include Rapid Finance, Fintap, Foretrust, and Expansion Capital, each represented through filing agents such as CSC or VState. The security interests generally cover broad categories of business assets, including inventory, accounts receivable, deposit accounts, equipment, proceeds, payment intangibles, cash, and future receivables. Some filings characterize the arrangements as purchases of receivables rather than secured loans, though the Debtor includes them among parties potentially asserting claims against cash collateral. As adequate protection, creditors holding interests in cash collateral will be granted replacement liens in the same manner, priority, and extent as their pre-petition liens. The order remains interim in nature, and parties in interest have 14 days from entry to object. Any objections will be heard on June 18. If no objections are filed, the order automatically becomes final and remains effective for 90 days from the petition date or until confirmation of a reorganization plan, whichever occurs first. Kentucky Online Auction operates an online auction platform based in Fayette County and Jessamine County, Kentucky, where it sells liquidation merchandise and discounted goods obtained through various sources. In addition to direct sales, the business earns commissions by selling goods on consignment for third parties using its established online marketplace. According to its bankruptcy filings, the Debtor generated approximately $2.9 million in gross revenue during 2024 and nearly $2.8 million during 2025, demonstrating that the underlying business remained active and capable of producing substantial sales volume. Despite strong gross revenues, the Debtor's expenses became unsustainable due to the costs associated with maintaining high inventory turnover, supporting two separate physical facilities in Central Kentucky, and servicing expensive short-term financing arrangements. To address liquidity problems, the Debtor entered into several merchant cash advance agreements. However, the MCAs significantly worsened its financial condition because repayment obligations escalated to more than $20,000 per week. In an effort to reduce costs, the Debtor shut down its Nicholasville, Kentucky location and consolidated operations into its primary facility. Nevertheless, the Debtor remained unable to meet the burdensome MCA payment obligations. The situation became critical in May 2026 when one MCA lender allegedly began intercepting funds directly from the Debtor's payment processor, effectively cutting off its operating income. About Kentucky Online Auction LLC Kentucky Online Auction, LLC operates an online auction platform based in Fayette County and Jessamine County, Kentucky, where it sells liquidation merchandise and discounted goods obtained through various sources. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Kent. Case No. 26-50828-grs) on May 15, 2026. In the petition signed by Evan Jacobs, member, the Debtor disclosed up to $500,000 in assets and up to $1 million in liabilities. Judge Gregory R. Schaaf oversees the case. Noah Friend, Esq., at Noah R Friend Law Firm, represents the Debtor as legal counsel. LAKE COUNTY: Hearing Today on Bid to Use Cash Collateral -------------------------------------------------------- The U.S. Bankruptcy Court for the Northern District of Illinois is set to hold a hearing today to consider extending Lake County Hospitality, LLC's authority to use cash collateral. The Debtor was previously authorized to access cash collateral under the court's 12th interim order entered on April 29. The 12th interim order authorized the Debtor to use cash collateral to pay the operating expenses set forth in an approved budget and granted Albany Bank & Trust Company, N.A. replacement liens on all types of collateral in which it held a security interest and lien as of the petition date. Albany Bank & Trust Company, a senior secured creditor, holds a lien on the Debtor's assets, including its hotel property located at 900 W. Lake Cook Road in Buffalo Grove, Ill. These assets secure a loan balance of approximately $4.8 million. About Lake County Hospitality Lake County Hospitality, LLC operates in the hotel and lodging sector and is associated with properties in Illinois. It manages hospitality assets and has been linked to hotels such as Four Points by Sheraton in Buffalo Grove. Lake County Hospitality sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 25-08293) on May 30, 2025. In its petition, the Debtor reported between $1 million and $10 million in both assets and liabilities. Judge Timothy A. Barnes handles the case. Paul M. Bach, Esq., at Bach Law Offices is the Debtor's bankruptcy counsel. Albany, as senior secured creditor, is represented by: David A. Golin, Esq. Saul Ewing, LLP 161 North Clark Street, Suite 4200 Chicago, IL 60601 Phone: (312) 876-7100 david.golin@saul.com LEACH PAINTING: Hires Udall Shumway PLC as Bankruptcy Counsel ------------------------------------------------------------- Leach Painting, Inc. seeks approval from the U.S. Bankruptcy Court for the District of Arizona to hire Udall Shumway PLC as its counsel. The firm will provide these services: a. advise the Debtor to its rights, duties, and powers as a debtor and debtor-in- possession; b. prepare and file statements, schedules, plans, and other documents and pleadings necessary to be filed by the Debtor for purposes or reorganization or that may otherwise be required; c. represent the Debtor at all hearings, meetings of creditors, conferences, trials, and other proceedings in the above captioned case; and d. perform such other legal services as may be necessary in connection with Debtor's case. The firm will be paid at these rates: Attorneys $300 to $450 per hour Paralegals $180 per hour The Debtor paid the firm an initial retainer of $1,000. The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Eli Enger, Esq., a partner at Udall Shumway PLC, 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: Joel E. Sannes, Esq. Eli Enger, Esq. Tim Butterfield, Esq. Udall Shumway PLC 138 North Alma School Road, Suite 101 Mesa, AZ 85201 Tel: (480) 461-5300 Fax: (480) 833-9392 Email: jes@udallshumway.com ete@udallshumway.com tdb@udallshumway.com About Leach Painting, Inc. Leach Painting, Inc. is a family-owned and operated painting contractor founded in 1975 and serving the Phoenix Metro Area in Arizona. The company provides residential painting services, including interior, exterior, electrostatic, and wrought iron painting. Its additional services include specialty coatings, paint removal, pressure washing, drywall repairs, garage floor coating, and gate refinishing. Leach Painting, Inc. filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz. Case No. 26-04726) on May 12, 2026, listing $500,000 to $1 million in assets and $1 million to $10 million in liabilities. The petition was signed by Kristofer S. Hammon as president/CEO. Eli Enger, Esq. at UDALL SHUMWAY PLC serves as the Debtor's counsel. LELAND HOUSE: Detroit Property Sale to Mudhish Development OK'd --------------------------------------------------------------- The U.S. Bankruptcy Court for the Eastern District of Michigan, Southern Division, has approved Leland House Limited Partnership Company to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor owns and operates the Leland House, a 20-story Beaux-Arts Detroit landmark built in 1927 and located at 400 Bagley Street, Detroit, Michigan. The Property was leased to approximately 40 tenants pursuant to month-to-month leases. The Property is presently not habitable because it lost power on December 10, 2025, and its tenants were relocated on an emergency basis by the City of Detroit. On April 20, 2026, Debtor, in consultation with Next Bridge Funding, LLC (DIP Lender), selected Mudhish Development Company, LLC to be the stalking horse and filed its $3 million stalking horse agreement. Consistent with the Bidding Procedures, the Debtor held an auction on April 27 through April 29, 2025, and Mudhish was identified as the Winning Bidder. The Debtor and its professionals have adequately and appropriately marketed the Property in compliance with the Bidding Procedures and the Bid Procedures Order. The Bidding Procedures afforded notice and a fair and reasonable opportunity for any person to make a higher or otherwise better offer to purchase the Property. The Debtor has designated Mudhish as the Winning Bidder and its purchase agreement as the Winning Bid for the Property in accordance with the Bid Procedures Order. The Purchaser has complied with the Bid Procedures Order and all other applicable orders of this Court in negotiating and entering into the Purchase Agreement and the Sale otherwise complies with the Bid Procedures Order and all other applicable orders of the Court. The Purchaser is a good faith buyer and is therefore entitled to the full protection of that provision in respect of the Sale. The Purchaser is not a mere continuation of the Debtor or its estate, there is no continuity or common identity between the Purchaser, on the one hand, and the Debtor or any of its affiliates, on the other hand, and there is no continuity of enterprise between the Purchaser and the Debtor (or any of the Debtor’s affiliates). The Property is property of the Debtor's estate and good title to the Property is vested in the Debtor’s estate The Sale Motion and the relief requested is granted and approved. The Debtor is authorized to enter into and perform under the Purchase Agreement, to consummate the Sale to the Purchaser. About Leland House Limited Partnership Company Leland House Limited Partnership Company is a single-asset real estate company in Detroit, Michigan, that owns and leases commercial property. Leland House Limited Partnership Company sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Mich. Case No. 25-51190) on Nov. 3, 2025. In its petition, the Debtor reported between $10 million and $50 million in assets and liabilities. Honorable Bankruptcy Judge Maria L. Oxholm handles the case. The Debtor tapped Ryan D. Heilman, Esq., at Heilman Law, PLLC, as counsel and Harmon Partners as financial advisor. LIFE LINE: Melissa Haselden Named Subchapter V Trustee ------------------------------------------------------ The U.S. Trustee for Region 7 appointed Melissa Haselden, Esq., at Haselden Farrow, PLLC as Subchapter V trustee for Life Line Plumbing LLC. Ms. Haselden will be paid an hourly fee of $625 for her services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Ms. Haselden declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Melissa A. Haselden, Esq. Haselden Farrow, PLLC 700 Milam, Suite 1300 Pennzoil Place Houston, TX 77002 Telephone: (832) 819-1149 Facsimile: (866) 405-6038 mhaselden@haseldenfarrow.com About Life Line Plumbing LLC Life Line Plumbing LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Texas Case No. 26-33536) on May 20, 2026, with $50,001 to $100,000 in assets and $100,001 to $500,000 in liabilities. Judge Jeffrey P. Norman presides over the case. Robert C. Lane, Esq. at The Lane Law Firm PLLC represents the Debtor as legal counsel. LINDSLEY EXCAVATING: Gets Extension to Access Cash Collateral ------------------------------------------------------------- The U.S. Bankruptcy Court for the Northern District of New York entered a third interim order allowing Lindsley Excavating, LLC to continue using cash collateral. Under the third interim order, the Debtor is authorized to use cash collateral in accordance with a budget through June 16. As adequate protection, the Debtor must pay $1,300 monthly to Caterpillar Financial Services Corporation until a Chapter 11 reorganization plan takes effect or the secured debt is fully paid. Additionally, Caterpillar and other secured creditors with interest in the cash collateral will be granted continuing replacement liens on and security interests in post-petition collateral, maintaining the same priority as their pre-petition liens. Creditors retain the ability to challenge lien validity and the Debtor retains the right to contest creditor claims. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/qzv5X from PacerMonitor.com. The next hearing is scheduled for June 16. Founded in 2015 and later inherited by Shawn Lindsley after the original owner's death, Lindsley Excavating filed for Chapter 11 with $2.5 to $3 million in debt after setbacks including COVID-era slowdowns, poor project estimates, underused equipment purchases, difficulty securing profitable work, and severe winter weather in 2025 to 2026 that delayed projects and reduced revenue. About Lindsley Excavating LLC Lindsley Excavating, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. N.Y. Case No. 26-30263-5-pgr) on April 3, 2026. In the petition signed by Shawn Lindsley, president, the Debtor disclosed up to $10 million in both assets and liabilities. Judge Patrick G. Radel oversees the case. Peter A. Orville, Esq., at Orville & McDonald Law, P.C., represents the Debtor as legal counsel. LIVECONNECTIONS.ORG: Gets Extension to Access Cash Collateral ------------------------------------------------------------- The U.S. Bankruptcy Court for the Eastern District of Pennsylvania issued an fourth interim order authorizing LiveConnections.org and Real Entertainment-Philadelphia, LLC to use cash collateral. Under the fourth interim order, the Debtors are authorized to use cash collateral through August 31, strictly in accordance with a court-approved budget. Variances are limited to 5% per budget category, and the Debtors must provide financial reporting, including monthly comparisons of actual versus projected revenues and expenses. Payment of certain pre-petition employee wages and benefits is permitted, subject to statutory caps. The Debtor projects total operational expenses of $144,296.11 for May; $173,583.14 for June; $188,908.07 for July; and $206,308.14 for August. As adequate protection, lenders and taxing authorities will be granted replacement liens on post-petition assets and, if necessary, superpriority administrative claims under Section 507(b) of the Bankruptcy Code. The order provides for a carveout for certain administrative expenses such as U.S. Trustee fees and preserves creditors' rights to inspect records and audit the Debtors' financial affairs. A further hearing is scheduled for August 19, with objections due by August 12. The order is available at https://tinyurl.com/2wjp5wth from PacerMonitor.com. The Debtors' filings indicate financial encumbrances including liens held by PIDC Community Capital ($581,140 remaining on a $1.5 million loan), the Delaware Valley Regional Economic Development Fund ($563,152 judgment), and unpaid taxes owed to the Pennsylvania Department of Revenue ($205,496) and the City of Philadelphia ($268,754). Additional disputes exist with the University of Pennsylvania over licensing fees and lease arrangements for the Hajoca Building, culminating in ongoing litigation in both federal and local courts. LiveConnections.org (doing business as World Cafe Live) and Real Entertainment-Philadelphia operate as Pennsylvania non-profits, with World Cafe Live functioning as a prominent independent music venue, educational hub, and community space in Philadelphia, and Real Entertainment-Philadelphia serving as its operational subsidiary. The Debtors, managed and funded by Joseph Callahan and the Bean Foundation since March 2025, have received over $2.15 million in grants and $185,000 in loans to stabilize operations and improve cash flow. As of the petition date, World Cafe Live employed 86 staff with biweekly gross payroll of approximately $45,000. About LiveConnections.org LiveConnections.org, doing business as World Cafe Live, operates as Pennsylvania non-profits and functions as a prominent independent music venue, educational hub, and community space in Philadelphia. Real Entertainment-Philadelphia, LLC serves as the operational subsidiary. The Debtors sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Lead Case No. 26-10973) on March 10, 2026. At the time of the filing, LiveConnections.org disclosed up to $10 million in both assets and liabilities. Judge Ashley M. Chan oversees the cases. Albert A. Ciardi, Esq., at Ciardi Ciardi and Astin, represents the Debtors as legal counsel. LUGANO DIAMONDS: Court Clears $10.5MM Diamond Insurance Transfer ---------------------------------------------------------------- Alex Wittenberg of Law360 Bankruptcy Authority reports that Lugano Diamonds won tentative court approval Monday, June 1, 2025, to transfer an insurance policy to a creditor seeking compensation for a missing $10.5 million diamond that had been provided to the company on consignment. The Delaware bankruptcy court found that the proposed transfer could help resolve a significant claim connected to the debtor's Chapter 11 case. According to court filings, the diamond disappeared before the bankruptcy filing, leaving the consigning creditor with substantial losses. Under the proposed agreement, the creditor would receive rights related to the insurance coverage and could independently pursue any proceeds available under the policy. The judge's preliminary approval reflects an effort to address the claim outside the traditional creditor recovery process. If the arrangement receives final approval, it could provide a direct avenue for compensation while allowing Lugano Diamonds to focus on its broader restructuring efforts, the report relays. About Lugano Diamonds & Jewelry Inc. Lugano Diamonds & Jewelry, Inc. designs, manufactures, and retails high-end jewelry, offering rings, necklaces, earrings, bracelets, and brooches produced through an in-house workshop and a network of specialized vendors. It operates boutiques in affluent and destination markets such as Newport Beach, Aspen, Houston, Palm Beach, Chicago, and Ocala, and also sells through equestrian events and pop-up showrooms. Lugano Diamonds & Jewelry and its affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del. Lead Case No. 25-12055) on November 16, 2025. The affiliates that filed for Chapter 11 separately are Lugano Buyer Inc. (Case No. 25-12052), K.L.D. Jewelry LLC (Case No. 25-12053), Lugano Prive LLC (Case No. 25-12054), and Lugano Prive LLC (Case No. 25-12056). In its petition, Lugano Diamonds & Jewelry reported assets of between $100 million and $500 million and liabilities of between $500 million and $1 billion. J. Michael Issa, chief restructuring officer, signed the petition. Judge Brendan Linehan Shannon presides over the cases. The Debtors tapped Young Conaway Stargatt & Taylor, LLP and Keller Benvenutti Kim, LLP as bankruptcy counsel; GlassRatner Advisory & Capital Group, LLC as restructuring advisor; and Armory Securities, LLC as investment banker. Omni Agent Solutions, Inc. is the Debtors' claims, noticing and administrative agent. The U.S. Trustee for Region 3 appointed an official committee to represent unsecured creditors in the Debtors' Chapter 11 cases. The committee tapped Pachulski Stang Ziehl & Jones, LLP as legal counsel and Force Ten Partners, LLC as financial advisor. M & M BUCKLEY: Court Extends Cash Collateral Access to July 2 ------------------------------------------------------------- M & M Buckley, LLC received another extension from the U.S. Bankruptcy Court for the Northern District of Illinois to use cash collateral. The court entered a third interim order authorizing the Debtor to use cash collateral through July 2 to pay operating expenses based on an approved budget, subject to a 10% variance. The budget projects total operational expenses of $14,877.52 for June. The Debtor's cash collateral consists primarily of rents generated from its commercial rental property in Richton Park, Illinois, together with proceeds, cash, and cash equivalents derived from that property. As adequate protection, secured creditor JTS Capital 4, LLC will be granted a replacement lien on the cash collateral and on post-petition property similar to its pre-petition collateral, with the same priority it held before bankruptcy. In addition, JTS will receive a $12,000 payment by June 10. The order is available at http://bankrupt.com/misc/MandMBuckley_3ICCOrder.pdf M & M Buckley was previously authorized to access cash collateral under the court's April 29 second interim order to pay the annual insurance premium associated with the Richton Park property and other expenses. The Richton Park property is the Debtor's primary asset and is encumbered by a mortgage and assignment of rents originally granted to Seaway Bank and Trust Company and now held by JTS. The loan, originally in the amount of approximately $575,550, is secured by both the property and its rental income, which constitutes cash collateral under the Bankruptcy Code. The next hearing is set for July 1. About M & M Buckley Management Inc. M & M Buckley Management, Inc. is a professional property management company based in Richton Park, IL. It specializes in managing residential and commercial properties. M & M sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 24-19108) on December 23, 2024, with $1 million to $10 million in both assets and liabilities. Melvin T. Buckely, Jr., president of M & M, signed the petition. Judge Janet S. Baer handles the case. The Debtor is represented by Gregory K. Stern, Esq., at Gregory K. Stern, P.C. Secured creditor Community Loan Servicing is represented by Jill Sidorowicz, Esq., at Noonan & Lieberman, Ltd. MADIJAC LLC: Cash Collateral Hearing Set for June 11 ---------------------------------------------------- The U.S. Bankruptcy Court for the Middle District of Florida is set to hold a hearing on June 11 to consider extending Madijac LLC's authority to use cash collateral. The Debtor is currently authorized to use cash collateral pursuant to the court's April 29 third interim order. This authorization expires on June 11. Under the third interim order, the Debtor is allowed to use cash collateral to cover operating expenses, including U.S. Trustee fees and budgeted costs, with up to a 10% variance per line item. Additional expenditures may be made with creditor approval. The Debtor projects total operational expenses of $34,470 for the period from April to July. The interim order granted secured creditors replacement liens on post-petition cash collateral, with the same priority and validity as their pre-petition liens. As of the petition date, Madijac had approximately $2,528.35 in cash equivalents. The Debtor's future earnings may be subject to asserted liens held by creditors, including Bankers Healthcare Group, LLC and Florida Department of Economic Opportunity, which are owed $65,000 and $90,000, respectively. Bankers Healthcare Group asserts a security interest in substantially all of the Debtor's business assets. About Madijac LLC Madijac LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-00137) on January 08, 2026, with $0 to $50,000 in assets and $100,001 to $500,000 in liabilities. Amy Denton Mayer of Stichter Riedel Blain & Postler, P.A. serves as Subchapter V trustee for the Debtor. Judge Roberta A. Colton presides over the case. Jeffrey Ainsworth, Esq., at Bransonlaw, PLLC represents the Debtor as legal counsel. MEGA KYON: Hires Paul E. Saperstein Co. Inc. as Appraiser --------------------------------------------------------- Mega Kyon, Inc. seeks approval from the U.S. Bankruptcy Court for the District of Massachusetts to employ Paul E. Saperstein Co., Inc. as appraiser. The firm will inspect and appraise the Assets and to prepare a report describing the Equipment and both its liquidation value and replacement values. The firm will be paid a fixed fee not to exceed $1,500 to be paid in full upon completion of the appraisal services and submission of the appraisal report. Mr. Saperstein, 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 Saperstein Paul E. Saperstein Co., Inc. 144 Centre Street Holbrook, MA 12343 Tel: (617) 227-6553 About Mega Kyon, Inc. Mega Kyon, Inc., doing business as Pet Supplies Plus, operates a pet supplies retail store at 1150 Newport Ave. in Attleboro, Massachusetts. The company sells pet food, supplies, and related products for dogs, cats, reptiles, small animals, wild birds, and other pets. It also provides grooming, dog wash, veterinary clinic access, online ordering, curbside pickup, and same-day delivery services. Mega Kyon, Inc. filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Mass. Case No. 26-40523) on May 4, 2026, listing $262,309 in assets and $1,840,224 in liabilities. The petition was signed by John Barris as president. Judge Elizabeth D Katz presides over the case. Marques Lipton, Esq. at LIPTON LAW GROUP, LLC serves as the Debtor's counsel. MERCER INTERNATIONAL: Peter Kellogg Holds 37.9% Equity Stake ------------------------------------------------------------ Peter R. Kellogg disclosed in a Schedule 13D (Amendment No. 11) filed with the U.S. Securities and Exchange Commission that as of the close of business on May 19, 2026, Mr. Kellogg beneficially owned an aggregate of 25,380,929 shares of Mercer International Inc.'s Common Stock, par value $1.00, constituting approximately 37.9% of the shares outstanding. During May 12, 2026 through May 19, 2026, entities controlled by Mr. Kellogg purchased an aggregate of 1,000,000 shares at prices ranging from approximately $0.84 to $0.96 per share through the Nasdaq Stock Market. All such transactions have been reported on a Form 4 filed by Mr. Kellogg. Peter R. Kellogg may be reached through: Marguerite Gorman, attorney-in-fact 48 Wall Street, 30th Floor New York, NY 10005 Tel: (212) 389-5841 A full-text copy of Peter R. Kellogg's SEC report is available at: https://tinyurl.com/5n75vrm4 About Mercer International Inc. Mercer International Inc. -- http://www.mercerint.com/-- is a global forest products company with operations in Germany, the United States and Canada with consolidated annual production capacity of 2.1 million tonnes of pulp, 1,023 million board feet of lumber, 210,000 cubic meters of cross-laminated timber, 45,000 cubic meters of glulam, 17 million pallets and 230,000 metric tonnes of biofuels. As of March 31, 2026, the Company had $1,963,836,000 in total assets, $1,969,374,000 in total liabilities, and $5,538,000 in total stockholders' deficit. * * * S&P Global Ratings lowered its issuer credit rating on Mercer International Inc. to 'CCC+' from 'B-'. At the same time, S&P lowered its issue-level rating on the company's unsecured debt to 'CCC+' from 'B-'. S&P's '4' recovery rating on the notes is unchanged. The negative outlook reflects S&P's expectation for Mercer to generate negative FOCF and significant debt maturity over the next couple of years that it believes increases the possibility of another downgrade. MICHELOBOS RESTAURANT: Seeks to Hire Offit Kurman as Counsel ------------------------------------------------------------ Michelobos Restaurant & Sports Bar Inc seeks approval from the U.S. Bankruptcy Court for the Western District of Texas to employ Hires Offit Kurman as counsel. The firm will provide these services: a. serve as counsel of record for the Debtor in all legal aspects of this Bankruptcy Case, including without limitation, the prosecution of actions on behalf of the Debtor; b. prepare pleadings in connection with the Bankruptcy Case; and c. appear before the Court to represent the interests of the Debtor in connection with the Bankruptcy Case. The firm will be paid at these rates: Principals $640 to $695 per hour Associates and Counsel $440 to $525 per hour Paraprofessionals $230 per hour The firm received a retainer in the amount of $5,000. In addition, the firm will seek reimbursement for its out-of-pocket expenses. Frances A. Smith, 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: Frances A. Smith, Esq. Offit Kurman 700 North Pearl Street, Suite 1610 Dallas, TX 75201 Telephone: (214) 377-7879 Facsimile: (214) 377-9409 Email: frances.smith@offitkurman.com About Michelobos Restaurant & Sports Bar Inc Michelobos Restaurant & Sports Bar Inc filed a Chapter 11 bankruptcy petition (Bankr. W.D. Tex. Case No. 26-10847) on May 7, 2026. The Debtor is represented by Offit Kurman, Esq. MIDDLETON CONSTRUCTION: July 16 Plan Confirmation Hearing Set ------------------------------------------------------------- Judge Shad M. Robinson of the U.S. Bankruptcy Court for the Western District of Texas entered a scheduling order in the bankruptcy case of Middleton Construction LLC. The confirmation hearing on the Debtor's Amended Plan will be held on Thursday, July 16, 2026, at 10:00 a.m. (CT) via Zoom. Zoom URL: https://www.zoomgov.com/my/robinson.txwb or Call 669-254-5252. Meeting ID: 161 0862 5245. By July 13, 2026, counsel for the Debtor must file with the Court (a) a ballot summary in the form required by Local Bankruptcy Rule 3018-1(b) with a copy of the ballots; (b) a memorandum of legal authorities addressing any unresolved objections to the Amended Plan that were filed on the docket; and (c) under a notice coversheet, a proposed order confirming the Amended Plan in accord with Local Bankruptcy Rule 1020.2-1. July 8, 2026, at 5:00 p.m. (CT) is fixed as the last day for holders of unsecured claims and interests to accept or reject the Amended Plan by submitting a ballot. July 8, 2026, at 5:00 p.m. (CT) is fixed, pursuant to Federal Rule of Bankruptcy Procedure 3020(b)(1), as the last day for holders of unsecured claims and interests to file and serve written objections to confirmation of the Amended Plan. July 8, 2026, at 5:00 p.m. (CT) is fixed as (a) the last day for filing and serving any notice of Sec. 1111(b) election under Bankruptcy Rule 3014; and (b) the record date by which an holder of an unsecured claim and interest whose claim is based on a security must be the holder of record of the security to be eligible to accept or reject the Amended Plan under Bankruptcy Rule 3017.2. A copy of the Court's Order dated May 28, 2026, is available at http://urlcurt.com/u?l=tXBiatfrom PacerMonitor.com. About Middleton Construction LLC Middleton Construction, LLC, is a Texas-based construction and remodeling firm specializing in multi-family housing projects across Central Texas, employs several staff members, including managers, sales personnel, administrative support, and its CEO, Keith Middleton. The Debtor sought protection under Chapter 11 of the Bankruptcy Code (Bankr. W.D. Tex. Case No. 25-11635-smr) on Oct. 21, 2025. In the petition signed by Keith Middleton, manager, the Debtor disclosed up to $500,000 in assets and up to $1 million in liabilities. Judge Shad Robinson oversees the case. Frank B. Lyon is serving as the Debtor's legal counsel. MILNER SPORTS: Gets Final OK to Use Cash Collateral --------------------------------------------------- The U.S. Bankruptcy Court for the District of Colorado entered an final order authorizing Milner Sports, LLC to use cash collateral. Under the final order, the Debtor is authorized to use cash collateral in accordance with the budget, together with payment of any fees owed to the United States Trustee. The Debtor is also permitted reasonable flexibility in operating expenses, with individual budget line items allowed to fluctuate by up to 15% per month. As adequate protection for any creditor holding a properly perfected security interest in the cash collateral, the court granted replacement liens on the debtor's post-petition accounts receivable to the extent the use of cash collateral diminishes the value of the creditor's collateral interest. The Debtor is additionally required to maintain adequate insurance coverage on its personal property assets, preserve collateral in good repair, pay all post-petition taxes, and provide creditors with periodic financial reports and debtor-in-possession reports filed with the bankruptcy court. A copy of the court's order is available at https://shorturl.at/rHceu from PacerMonitor.com. About Milner Sports, LLC Milner Sports, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Col. Case No. 26-13150) with $100,001 to $500,000 in assets and $1,000,001 to $10 million in liabilities. The petition was signed by Rebecca Milner as manager. Judge Hon. Kimberley H Tyson oversees the case. The Debtor is represented by: Aaron A Garber, Esq. Tel: 303-296-1999 Email: agarber@wgwc-law.com MIZELL MEMORIAL: Seeks to Hire Draffin & Tucker as Accountant ------------------------------------------------------------- Mizell Memorial Hospital Incorporated seeks approval from the U.S. Bankruptcy Court for the Middle District of Alabama to hire Draffin & Tucker, LLP as accountants and tax advisors. The firm's services include: (a) audit of the Debtor's annual financial statements in accordance with auditing standards generally accepted in the United States of America, including any audit of the Debtor's benefit plans required under ERISA, if applicable; (b) preparation, review, and filing of federal, state, and local tax returns, including any not-for-profit information returns (e.g., Form 990, where applicable), franchise tax returns, sales and use tax returns, hospital provider assessment returns, and any related amendments; (c) Medicare and Medicaid cost report preparation, review, reopenings, appeals, and related third-party payor reimbursement consulting; (d) assistance in connection with the preparation of monthly operating reports, schedules of assets and liabilities, statements of financial affairs, and any other reports or schedules required to be filed with the Court or the Bankruptcy Administrator; (e) accounting, tax, and financial-reporting advice in connection with the formulation, negotiation, and confirmation of a chapter 11 plan, including any tax-attribute analysis, cancellation-of-indebtedness income analysis, and consequences of any restructuring transactions; (f) providing forensic, investigative, valuation, or expert services as may be requested by the Debtor and approved by the Court; and (g) such other accounting and tax-advisory services as may be requested by the Debtor from time to time and that are within the scope of the Engagement Letter. The firm's standard hourly rates are: Partners and Principals $400 to $525 Directors and Sr. Managers $280 to $350 Managers $275 to $385 Supervisors $190 to $280 Senior Associates $170 to $230 Associates $170 to $190 Paraprofessionals $130 to $175 Draffin & Tucker, LLP is a "disinterested person" as that 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: Charles R. Horne, CPA Draffin & Tucker, LLP P.O. Box 71309 Albany, GA 31708-1309 Telephone: (229) 883-7878 Facsimile: (229) 883-7878 Email: chorne@draffin-tucker.com About Mizell Memorial Hospital Incorporated Mizell Memorial Hospital Incorporated is a private, not-for-profit acute care facility located in Opp, Alabama. Founded through a charter accepted in 1945 and dedicated in 1949, the hospital provides general medical, surgical, inpatient, outpatient, and emergency room care. Its services include diagnostic, rehabilitation, therapy, pharmacy, laboratory, radiology, respiratory care, behavioral care, sleep disorder, clinic, wellness, and home health services. Mizell Memorial Hospital is licensed for 99 beds, operates with a 59-bed capacity, participates in Medicare and Medicaid programs, and is governed by a local volunteer board of directors. The hospital filed for Chapter 11 protection on April 29, 2026, under Bankruptcy Case No. 26-31120. The filing lists estimated assets and liabilities each ranging from $10 million to $50 million. The case is assigned to Honorable Bankruptcy Judge Christopher L. Hawkins. The Debtor is represented by Stuart M. Maples, Esq. of Thompson Burton PLLC. MJS MATERIALS: Unsecureds Will Get 37.3% of Claims over 36 Months ----------------------------------------------------------------- MJS Materials, Inc. filed with the U.S. Bankruptcy Court for the Southern District of Florida a Second Amended Plan of Reorganization under Subchapter V dated May 19, 2026. The Debtor is a family-run Florida for-profit corporation first organized in 2012. It is owned 50% by Michael J. Sadofski and 50% by his wife, Valaria E. Sadofski. The Debtor's operations consist of over the road transportation and freight hauling services throughout the State of Florida, primarily of garbage, sand, gravel, and other fill. Debtor grossed over $11.5 Million in FY 2023, $11.6 Million in FY 2024, and ±$11.16 Million in FY 2025. Post-petition, revenue has dropped by almost 50% due to economic factors outside of Debtor's control, which have required restructuring efforts that were not initially anticipated, including, inter alia, the abandonment of all collateralized equipment except for six trucks and eleven trailers, which, when used in conjunction with Debtor's remaining earlier model vehicles (which are unsecured), will allow Debtor to continue its "core" operations of delivering sand and gravel, while eliminating less profitable operations. In addition to abandoning all but those remaining secured vehicles, the Debtor's owners, Michael J. Sadofski and Valeria E. Sadofski, have also invested at least $550,000 of their own money post-Petition to cover operating shortfalls that resulted, in part, from this bankruptcy filing. Class 12 consists of General Unsecured Claims. Class 11 will have $241,248.18 in Allowed Unsecured Claims, while additional Persons with Unsecured Claims may also be placed in this Class pursuant to Section 6.2 of the Plan. Except to the extent that Class 11 Claimants may agree to different treatment, Holders of Allowed Class 11 Claims will be paid pro-rata from Debtor's Excess Disposable Income, after and subject to the payment of all operational expenses and costs of the Debtor, all Allowed Administrative Claims, all Allowed Priority Tax Claims, and all payments to allowed Secured Creditors required under Section 5.1 of this Plan. In no event, however, will Allowed Claims in this Class 11, as a group, receive less than the liquidation value of Debtor's assets as per the Liquidation Analysis. The Debtor will make distributions to Unsecured Creditors of its Disposable Income on an annual basis, with the first pro-rata disbursement to Claimants holding Allowed Claims to commence on or before the fifth day of the thirteenth month following the Plan Effective Date, and continuing annually thereafter (on or before the fifth day of the corresponding month) until completion of the Plan; provided, however, that if such day falls on a Saturday, Sunday or other federal holiday, then payment will be due the first Business Day thereafter. Based upon such projections, Debtor estimates that the Total Disposable Income generated over the life of this Plan will be ±$675,000, resulting in Holders of Allowed General Unsecured Claims receiving Distributions totaling approximately 37.3% over the 36-month life of the Plan (subject to increases or decreases based upon: (i) any pending or future claim objections, which may result in certain Unsecured Claims being reduced or disallowed; and (ii) Debtor's abandonment of certain Vehicles securing certain Secured Claims, which may result in unsecured deficiency Unsecured Claims being asserted by such Creditors). Class 11 is Impaired. Class 13 consists of Mr. and Mrs. Sadoski, who own all Equity in the Debtor. Confirmation of this Plan will cause all prepetition equity shares issued by Debtor to be revested in and retained by Mr. and Mrs. Sadoski in equal shares existing as of the Petition Date and will be subject to and based upon the terms and conditions as they existed on the Petition Date, including such terms and conditions as may be set forth in any applicable Shareholders' Agreements or other duly executed business documents. Funds generated from operations through the Effective Date may be applied towards Plan payments; provided, however, that Debtor's Cash on hand as of the Confirmation Date will only be available for payment of Administrative Expenses. For a complete report detailing the funds generated from Debtor's operations through the Effective Date, please refer to the monthly operating and financial reports filed with the Court in the Case. The Plan will be implemented and primarily funded through the future business operations of the Debtor. The Debtor may also seek to obtain post-confirmation financing, if necessary. As a part of its reorganization, Debtor may also sell and/or lease its Vehicles to the extent that it determined that a sale or lease of same would be beneficial to Debtor's business operations and its implementation of this Plan. A full-text copy of the Second Amended Plan dated May 19, 2026 is available at https://urlcurt.com/u?l=KWIYT2 from PacerMonitor.com at no charge. Counsel to the Debtor: Matthew S. Kish, Esq. Shapiro, Blasi, Wasserman & Hermann, PA 777 Glades Road, Suite 400 Boca Raton, FL 33434 Telephone: (561) 477-7800 Email: mkish@sbwh.law About MJS Materials Inc. MJS Materials, Inc. is a Florida-based business offering aggregate hauling and logistics solutions for the construction, land development, and infrastructure sectors. MJS Materials sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-21971) on Oct. 10, 2025. In its petition, the Debtor reported up to $50,000 in assets and liabilities. Bankruptcy Judge Mindy A. Mora handles the case. The Debtor is represented by Matthew S. Kish, Esq. MOCAR ENTERPRISES: Seeks to Hire Farinash & Stofan as Counsel ------------------------------------------------------------- MOCAR Enterprises, Inc. seeks approval from the U.S. Bankruptcy Court for the Eastern District of Tennessee to employ Farinash & Stofan as counsel. The firm's services include: a. assisting Debtor in the preparation of its schedules, statement of affairs and the periodic financial reports required by the Bankruptcy Code, the Bankruptcy Rules and any other order of this Court; b. assisting Debtor in consultation and negotiation and all other dealings with creditors, equity, security holders and other parties in interest concerning the administration of this case; c. preparing pleadings, conducting investigations and making court appearances incidental to the administration of the Debtor's estate; d. advising the Debtor of its rights, duties and obligations under the Bankruptcy Code, Bankruptcy Rules, Local Rules and orders of this Court; e. assisting the Debtor in the development and formulation of a plan of reorganization including the preparation of a plan, disclosure statement and any other related documents for submission to this Court and to Debtor's creditors, equity holders and other parties in interest; f. advising and assisting the Debtor with respect to litigation related to the administration of Debtor's case; g. rendering corporate and other legal advise and performing all those legal services necessary and proper to the functioning of the Debtor during the pendency of this case; and h. taking any and all necessary actions in the interest of the Debtor and its estate incident to the proper representation of the Debtor and the administration of this case. The firm will be paid at these rates: Jerrold D. Farinash $450 per hour Amanda Stofan $350 per hour Rebecca Farinash $250 per hour Legal Assistants $100 per hour The firm will be paid a retainer in the amount of $25,500. In addition, the firm will seek reimbursement for its out-of-pocket expenses. Mr. Farinash, 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: Jerrold D. Farinash, Esq. Farinash & Stofan 100 West M L King Blvd, Ste. 816 Chattanooga, TN 37402 Telephone: (423) 805-3100 Email: jdf@8053100.com About MOCAR Enterprises, Inc. MOCAR Enterprises, Inc, filed a Chapter 11 bankruptcy petition (Bankr. E.D. Case No. 4:26-bk-11332 NWW) on May 15, 2026. The Debtor hires, disclosing under $1 million in both assets and liabilities. The Debtor hires Farinash & Stofan as counsel. NANO PHARMACEUTICAL: Gets Interim OK to Use Cash Collateral ----------------------------------------------------------- Nano Pharmaceutical Laboratories, LLC received interim approval from the U.S. Bankruptcy Court for the District of Colorado to use cash collateral to fund operations. Under the interim order, the Debtor is authorized to use cash collateral in accordance with its monthly budget through the June 25 final hearing. The Debtor identifies Newtek Small Business Finance, LLC as the secured creditor holding a blanket lien on substantially all of its business assets based on a UCC-1 financing statement. It reported approximately $27,410 in cash and existing accounts receivable as of the petition date. To protect against any decline in collateral value, Newtek and other secured creditors will receive replacement liens on post-petition inventory, cash, and receivables. Additional protections include insurance coverage, periodic reporting, payment of post-petition taxes, and preservation of collateral. Secured creditors retain all rights to seek additional protection. The order is available at http://bankrupt.com/misc/NanoPharmaceutical_ICCOrder.pdf Nano is a Colorado company engaged in the contract manufacturing of raw materials used in over-the-counter vitamins and supplements. Manufacturing is outsourced to third-party manufacturers. Founded in 2007, the Debtor once employed 15 people but currently operates with one full-time and one part-time employee. The Debtor obtained an SBA loan in 2022 to expand operations and construct an in-house manufacturing facility. However, after the manager passed away, his wife assumed control and determined that the expansion project was financially unworkable due to lingering effects of the COVID-19 pandemic and rising operational costs. Although sales improved after 2022, the Debtor remained unprofitable because of operating expenses and loan obligations, leading to the bankruptcy filing. A copy of the motion is available at https://urlcurt.com/u?l=tx5HjC from PacerMonitor.com. About Nano Pharmaceutical Laboratories LLC Nano Pharmaceutical Laboratories, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D. Colo. Case No. 26-13415) on May 14, 2026, with assets of between $50,001 and $100,000 and liabilities of between $1 million and $10 million. Jonathan Dickey serves as Subchapter V trustee for the Debtor. Judge Michael E. Romero oversees the case. Aaron A. Garber, Esq., at Wadsworth Garber Warner Conrardy, P.C. is the Debtor's legal counsel. NEOTEK INC: Gets Interim OK to Use Cash Collateral -------------------------------------------------- Neotek Inc. received interim approval from the U.S. Bankruptcy Court for the Northern District of Texas, Fort Worth Division, to use cash collateral. Under the interim order, the Debtor is authorized to use cash collateral to pay operating expenses based on its one-month budget, with up to 15% variance per line item and 15% overall. The Debtor is also authorized to pay Subchapter V trustee fees incurred during the bankruptcy case. The budget projects total monthly operational expenses of $194,096.18. Citizens National Bank of Texas, the secured lender, asserts liens on substantially all of the Debtor's personal property, including cash and accounts receivable, which constitute cash collateral. The lender will receive replacement liens co-extensive with its pre-petition liens on current and future assets as adequate protection for any decline in the value of its collateral. These replacement liens do not apply to Chapter 5 causes of action and do not prime taxing authority liens. Additional safeguards include monthly payments of $1,000, collateral insurance, tax payments, and monthly operating reports. The interim order remains effective pending a final hearing scheduled for June 23, with objections due by June 17. The order is available at http://bankrupt.com/misc/Neotek_ICCOrder.pdf About Neotek Inc. Neotek Inc. is a U.S.-based manufacturer of architectural LED linear lighting fixtures and systems serving commercial and residential markets. Neotek filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. N.D. Texas Case No. 26-42078) on May 11, 2026. In the petition signed by Lawrence Craig Satterfield, chief executive officer, the Debtor disclosed up to $1 million in both assets and liabilities. Judge Edward L. Morris oversees the case. Joyce Lindauer, Esq., at Lindauer & Vaughn, represents the Debtor as legal counsel. Behrooz Vida, Esq., at the Vida Law Firm, PLLC serves as Subchapter V trustee for the Debtor. NEUROONE MEDICAL: Q1 2026 10-Q to Be Restated on Revenue Error -------------------------------------------------------------- NeuroOne Medical Technologies Corporation disclosed in a regulatory filing that the Audit Committee of the Board of Directors, after discussion with management, determined that the Company's previously issued interim financial statements included in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed on May 12, 2026, should no longer be relied upon and should be restated because of accounting errors relating to revenue recognition. Similarly, any previously furnished or filed reports, related earnings releases, investor presentations or similar communications of the Company describing the Company's financial results for the quarter ended March 31, 2026 or other financial information contained in the Previous Filing should no longer be relied upon. The errors were due in part to the inadequate design and implementation of internal controls and procedures to evaluate certain customer modified purchase orders. As a result, revenue and accounts receivable were overstated for the three months and six months ended March 31, 2026 by an estimated $529 thousand, gross profit was overstated for the three months and six months ended March 31, 2026 by an estimated $296 thousand, and operating loss and net loss were understated for the three months and six months ended March 31, 2026 by an estimated $296 thousand. In addition, as of March 31, 2026, the Company estimates that its total assets were overstated by $296 thousand and inventory was understated by $233 thousand. These matters did not involve any intentional misconduct with respect to the Company, its management or employees. These estimates reflect preliminary information based on facts available to the Company's management as of the date of this report and are subject to potential further changes upon completion of the Company's financial review and restatement procedures. As a result of the accounting errors identified, in an amendment to the Previous Filing, the Company will: (i) restate its unaudited condensed financial statements and the notes thereto included in the Previous Filing, and (ii) amend, among other disclosures, its Management's Discussion and Analysis of Financial Condition and Results of Operations for the applicable period. The Company intends to file an amendment to the Previous Filing as soon as reasonably practicable. The Audit Committee and the Company's management have discussed the matters with the Company's independent registered public accounting firm, Baker Tilly US, LLP. About NeuroOne Medical Technologies Headquartered in Eden Prairie, Minnesota, NeuroOne Medical Technologies Corporation -- https://nmtc1.com/ -- is a medical technology company focused on (i) diagnostic, ablation and deep brain stimulation technology for brain related conditions such as epilepsy and Parkinson's disease; (ii) ablation and stimulation for pain management throughout the body; and (iii) drug delivery including diagnostic and stimulation capabilities. The Company is developing and commercializing thin film electrode technology for continuous electroencephalogram ("cEEG") and stereoelectrocencephalography ("sEEG"), spinal cord stimulation, brain stimulation, drug delivery and ablation solutions for patients suffering from epilepsy, Parkinson's disease, dystonia, essential tremors, chronic pain due to failed back surgeries and other pain-related neurological disorders. The Company is also developing the capability to use its sEEG electrode technology to deliver drugs or gene therapy while being able to record brain activity before, during, and after delivery. Additionally, the Company is investigating the potential applications of its technology associated with artificial intelligence. Minneapolis, Minnesota-based Baker Tilly US, LLP, the Company's auditor since 2021, issued a "going concern" qualification in its report dated Dec. 17, 2025, attached to the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2025, citing that had recurring losses from operations and an accumulated deficit, expects to incur losses for the foreseeable future and requires additional working capital. These are the reasons that raise substantial doubt about the Company's ability to continue as a going concern. As of March 31, 2026, the Company had $7.9 million in total assets, $2.5 million in total liabilities, and $5.4 million in total stockholders' equity. NEW HOPE: Seeks to Hire Hirschler Fleischer as Bankruptcy Counsel ----------------------------------------------------------------- New Hope Housing, Inc. seeks approval from the U.S. Bankruptcy Court for the Eastern District of Virginia to employ Hirschler Fleischer, P.C. as its bankruptcy counsel. The firm will render these services: a. advising the Debtor of its rights, powers, and duties as a debtor and debtor-in-possession while operating and managing its business, winding down its operations and liquidating its property under chapter 11, subchapter V of the Bankruptcy Code; b. preparing on behalf of the Debtor all necessary and appropriate applications, motions, proposed orders, other pleadings, notices, schedules, and other documents, and reviewing all financial and other reports to be filed in its Case; c. advising the Debtor concerning, and preparing responses to, applications, motions, other pleadings, notices, and other papers that may be filed by other parties in the Case; d. advising the Debtor with respect to, and assisting in the negotiation and documentation of any necessary agreements and related transactions; e. reviewing the nature and validity of any liens asserted against the Debtor’s properties and advising the Debtor concerning the enforceability of such liens; f. advising the Debtor concerning executory contracts and/or unexpired lease assumptions, assignments, and rejections; g. advising the Debtor in connection with the formulation, negotiation, and promulgation of a plan of liquidation, and related transactional documents; h. assisting the Debtor in reviewing, estimating, and resolving claims asserted against the Debtor’s estate; i. commencing and conducting litigation necessary and appropriate to assert rights held by the Debtor, protect assets of the Debtor’s estate, or otherwise further the goal of completing a successful wind-down and liquidation; and j. providing non-bankruptcy services for the Debtor to the extent requested by the Debtor and necessary for the proper and efficient administration of the bankruptcy Case. The firm's current hourly rates are: David I. Swan – Principal $675 Brittany B. Falabella, Principal $455 Allison P. Klena, Associate $425 Kollin G. Bender, Associate $400 As disclosed in the court filings, Hirschler is a "disinterested person," as defined in section 101(14) of the Bankruptcy Code and as required by section 327(a) of the Bankruptcy Code. The firm can be reached through: Brittany B. Falabella, Esq. David I Swan, Esq. Kollin G. Bender, Esq. HIRSCHLER FLEISCHER, P.C. The Edgeworth Building 2100 East Cary Street Post Office Box 500 Richmond, VA 23218-0500 Telephone: (804) 771-9500 Facsimile: (804) 644-0957 E-mail: bfalabella@hirschlerlaw.com dswan@hirschlerlaw.com kbender@hirschlerlaw.com About New Hope Housing Inc. New Hope Housing, Inc. is a non-profit agency based in Alexandria, Virginia. Founded in 1977, the organization has provided services to homeless families and single adults since 1978. It offers housing programs and support services in Northern Virginia, including group homes, Housing First apartments, homeless prevention and rapid re-housing, education and employment support, and mobile medical outreach. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Va. Case No. 26-11054) on May 1, 2026, with $1 million to $10 million in assets and liabilities. Ann Barrett, executive director, signed the petition. Brittany B. Falabella, Esq. at HIRSCHLER FLEISCHER, P.C. represents the Debtor as legal counsel. NOBLE LIFE: Court Extends Cash Collateral Access to June 30 ----------------------------------------------------------- Noble Life Sciences Inc. received sixth interim approval from the U.S. Bankruptcy Court for the District of Maryland to use cash collateral through June 30. Under the sixth interim order, the Debtor is authorized to use cash collateral only for ordinary operating expenses in accordance with its budget. Spending is subject to a 10% variance cap from projected amounts. Importantly, where the budget reflects negative cash flow, the Debtor must cover those shortfalls using outside investment funds, not Fulton Bank's cash collateral. The Debtor projects total operational expenses of $427,374.02 for June. Fulton Bank, a secured creditor, will be granted a security interest of the same priority and to the same extent of the Debtor's use of such cash collateral. The security interest is automatically perfected and survives conversion of the Debtor's Chapter 11 case to one under Chapter 7. As additional protection, Fulton Bank will receive payments of $15,000 due on May 15 and June 15. Pursuant to the court's August 21 order, Noble Life Sciences' president has been using his personal credit cards for company purchases. This authorization has been extended until the earlier of (i) June 30 or (ii) the Debtor's ability to obtain a debit card from its DIP bank or ACH services from a lending institution. The next hearing is scheduled for June 25. The sixth interim order is available at https://shorturl.at/1nW8a from PacerMonitor.com. About Noble Life Sciences Inc. Noble Life Sciences, Inc. is a pre-clinical contract research organization that provides GLP and non-GLP services, including safety and efficacy testing, for drugs, vaccines, and medical devices. It offers capabilities in pharmacology, bioanalysis, analytical testing, and preclinical development across a range of therapeutic areas such as oncology, infectious diseases, and cardiovascular conditions. Noble Life Sciences sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Md. Case No. 25-15637) on June 22, 2025. In its petition, the Debtor reported total assets of $488,456 and total liabilities of $5,160,511. Robert B. Scarlett, Esq., at Scarlett & Croll, P.A. is the Debtor's legal counsel. Fulton Bank is represented by: Michael D. Nord, Esq. Gebhardt & Smith, LLP One South Street, Suite 2200 Baltimore, MD 21202 Tel: (410) 385-5072 mnord@gebsmith.com NORTH AMERICA DESTINATIONS: Court Denies Bid to Use Cash Collateral ------------------------------------------------------------------- The U.S. Bankruptcy Court for the Middle District of Florida, Orlando Division, denied as moot North America Destinations, Inc.'s motion for authority to use cash collateral. At the recently held hearing, the court denied another extension of the Debtor's authority to use cash collateral, citing the confirmation of its Chapter 11 small business Subchapter V plan on May 27. The Debtor has previously operated under three preliminary cash collateral orders since filing for Chapter 11 relief on January 15. Its authorization to use cash collateral expired on May 27. As of the petition date, the Debtor held approximately $17,694.49 in cash. The Debtor's post-petition earnings may be subject to asserted liens held by creditors, including BayFirst National Bank and ODK Capital, LLC. BayFirst claims liens on substantially all of the Debtor's tangible and intangible personal property, while ODK asserts a lien on all of the Debtor's assets. The Debtor owes approximately $105,669.46 and $124,189 to BayFirst and ODK, respectively. About North America Destinations Inc. North America Destinations, Inc. operates as a full-service tour operator and destination management company in Windermere, Florida, providing travel solutions including transportation with buses, vans, and SUVs, guided tours, and vacation packages. The company sells tickets and packages for major Florida attractions such as Disney parks, Universal Orlando, SeaWorld, Legoland, Kennedy Space Center, Busch Gardens, Medieval Times, Orlando Icon Park, Brightline, and Disney Cruises. It serves clients in the Orlando area and surrounding regions, focusing on both individual travelers and group tour operations. North America Destinations filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 25-00257) on January 15, 2026, with $18,869 in assets and $1,310,535 in liabilities. John Hulsewe, chief executive officer of North America Destinations, signed the petition. Jeffrey S. Ainsworth, Esq., at Bransonlaw, PLLC represents the Debtor as bankruptcy counsel. O'BRIEN ENERGY: Hires Drummond Woodsum as Bankruptcy Counsel ------------------------------------------------------------ O'Brien Energy Resources Corp. seeks approval from the U.S. Bankruptcy Court for the District of New Hampshire to employ Drummond Woodsum as general bankruptcy counsel. The firm's services include: a. advising the Debtor with regard to the requirements of the Bankruptcy Court Bankruptcy Code, Bankruptcy Rules, Local Rules, and the Office of the United States Trustee, as they pertain to the Debtor; b. advising the Debtor with regard to certain rights and remedies of the bankruptcy estate and rights, claims, and interests of creditors and bringing such claims as the Debtor, in its business judgment, decides to pursue; c. representing the Debtor in any proceeding or hearing in the Bankruptcy Court involving the estate; d. conducting examinations of witnesses, claimants, or adverse parties, and representing the Debtor in any adversary proceeding (except to the extent that any such adversary proceeding is in an area outside of Drummond Woodsum's expertise); e. reviewing and analyzing various claims of the Debtor's creditors and treatment of such claims and preparing, filing, or prosecuting any objections thereto or initiating appropriate proceedings regarding leases or contracts to be rejected or assumed; f. preparing and assisting the Debtor with the preparation of reports, applications, pleadings, motions, and orders, including, but not limited to, applications to employ professionals, interim statements and operating reports, initial filing requirements, schedules and statements of financial affairs, cash collateral motion papers, and motions with respect to the Debtor's use of estate property (to the extent necessary); g. assisting the Debtor in the analysis, formulation, negotiation, and preparation of all necessary documentation relating to the sale of the Debtor's assets, as appropriate and if necessary; h. assisting the Debtor in the negotiation, formulation, preparation, and confirmation of a plan; and i. performing any other services that may be appropriate in Drummond Woodsum's representation of the Debtor as general bankruptcy counsel in the case. Drummond Woodsum will be paid at these hourly rates: Kellie W. Fisher, Attorney (Shareholder) $420 Jeffrey T. Piampiano, Attorney (Shareholder) $500 Demetrio Aspiras, III, Attorney (Shareholder $440 Allan Bradley, Attorney (Associate) $375 As disclosed in the court filings, Drummond Woodsum is a "disinterested person" as defined in 11 U.S.C. 101(14). The firms can be reached through: Kellie W. Fisher, Esq. Drummond Woodsum 84 Marginal Way, Suite 600 Portland, ME 04101-2480 Tel: (207) 253-0566 Fax: (207) 772-3627 Email: kfisher@dwmlaw.com About O'Brien Energy Resources Corp. Business Description: O'Brien Energy Resources Corporation, a Colorado corporation, is a privately held independent oil and natural gas exploration and production company focused on conventional drilling, operating wells and fields across Colorado, Nebraska, Wyoming, Oklahoma, Kansas, Texas, and Louisiana. The Company, which has been in business since 1990 and is headquartered in Portsmouth, New Hampshire, develops new and existing leaseholds through operated interests and joint ventures with other energy companies and partners. O'Brien Energy Resources Corporation in Portsmouth, NH, sought relief under Chapter 11 of the Bankruptcy Code filed its voluntary petition for Chapter 11 protection (Bankr. D.N.H. Case No. 26-10092) on Jan. 30, 2026, listing $50 million to $100 million in assets and $10 million to $50 million in liabilities. John J. Forma as director, signed the petition. AMANN BURNETT, PLLC serve as the Debtor's legal counsel. O'BRIEN ENERGY: Taps Jason Mills of BCM Advisory Group as CRO ------------------------------------------------------------- O'Brien Energy Resources Corp. seeks approval from the U.S. Bankruptcy Court for the District of New Hampshire to employ BCM Advisory Group, LLC as professional advisors and designate Jason Mills as chief restructuring officer. The firm's services include: a. analyzing the Debtor's assets and liabilities; b. reviewing and analyzing potential claims; c. reviewing historical financial performance to understand the financial condition of the Debtor; d. working with the Debtor to assess the Debtor's financial health and to develop and implement restructuring opportunities; e. working with state and federal agencies to ensure the Debtor complies with its obligations; f. planning and managing cash, including preparation of 13-week cash projections, budget vs. actual reporting, and a weekly variance analysis; g. preparing monthly operating reports; h. preparing projections and a plan of reorganization; and i. broadly assisting the Debtor will all financial and operational matters related to the Debtor's reorganization efforts, including with general bankruptcy matters. The firm will be paid at these rates: Jason Mills $325 per hour Principal $325 per hour Consultants $175 to $250 per hour The firm received $10,000 from the Debtor as a pre-petition retainer. The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Mr. Mills disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Jason Mills BCM Advisory Group, LLC 190 Main St., 3rd Floor Saco, ME 04072 Tel: (207) 807-95169 About O'Brien Energy Resources Corp. Business Description: O'Brien Energy Resources Corporation, a Colorado corporation, is a privately held independent oil and natural gas exploration and production company focused on conventional drilling, operating wells and fields across Colorado, Nebraska, Wyoming, Oklahoma, Kansas, Texas, and Louisiana. The Company, which has been in business since 1990 and is headquartered in Portsmouth, New Hampshire, develops new and existing leaseholds through operated interests and joint ventures with other energy companies and partners. O'Brien Energy Resources Corporation in Portsmouth, NH, sought relief under Chapter 11 of the Bankruptcy Code filed its voluntary petition for Chapter 11 protection (Bankr. D.N.H. Case No. 26-10092) on Jan. 30, 2026, listing $50 million to $100 million in assets and $10 million to $50 million in liabilities. John J. Forma as director, signed the petition. AMANN BURNETT, PLLC serve as the Debtor's legal counsel. OFFICE PROPERTIES: FY2025 Net Loss Doubles to $272.4 Million ------------------------------------------------------------ Office Properties Income Trust (OPI) has filed its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission, reporting a net loss of $272.37 million for the year ended December 31, 2025, compared to a net loss of $136.10 million for the prior year. Rental income for the year ended December 31, 2025, was $442.56 million compared to $501.98 million in the prior period. As of December 31, 2025, the Company had $3.49 billion in total assets, $2.61 billion in total liabilities, and $880.99 million in total stockholders' equity. Chapter 11 Bankruptcy Proceedings The Company is currently undergoing bankruptcy proceedings in the United States Bankruptcy Court for the Southern District of Texas, Houston Division. On the Petition Date, the Debtors voluntarily commenced the Chapter 11 Cases. In connection with the filing of the Chapter 11 Cases, the Company entered into the RSA with certain holders of the September 2029 Notes to implement a court-supervised financial restructuring pursuant to the transactions contemplated in the RSA. The Company continues to operate its businesses as debtors-in-possession under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court. As debtors-in-possession, the Company is authorized to pay all debts and honor all obligations arising in the ordinary course of its business after the Petition Date. However, generally, the Company may not pay third-party claims or creditors on account of obligations arising before the Petition Date or engage in transactions outside the ordinary course of business without prior approval of the Bankruptcy Court. While the commencement of these proceedings constituted an event of default under certain of the Company's debt agreements, enforcement of any remedies in respect of which is automatically stayed during the pendency of the Chapter 11 Cases. There are a number of risks and uncertainties associated with the Company's bankruptcy proceedings, including, among others, that the Plan may not become effective. The Plan has not yet become effective as of May 21, 2026, the date of filing of this Annual Report on Form 10-K. Effectiveness of the Plan is subject to a number of conditions precedent. There can be no assurance that all conditions to the effectiveness of the Plan will be satisfied or waived, or that the Plan will become effective on the timeline currently contemplated, or at all. Going Concern Substantial doubt about the Company's ability to continue as a going concern exists due to: (1) insufficient liquidity to satisfy its obligations as they come due, (2) limited alternatives available to it to obtain debt or equity financing, (3) inability to refinance its maturing debt, and (4) the resulting Chapter 11 Cases. The Company's ability to continue as a going concern is contingent upon, among other things, its ability to, subject to the approval by the Bankruptcy Court, implement a plan of reorganization, emerge from the Chapter 11 proceedings and generate sufficient liquidity following the reorganization to meet its obligations, restructured debt obligations and operating needs. The transactions contemplated by the Plan are subject to approval by the Bankruptcy Court, among other conditions. Accordingly, no assurance can be given that the transactions described therein will be consummated. As a result, the Company has concluded that management's plans at this stage do not alleviate substantial doubt about its ability to continue as a going concern. A full text copy of the Company's Form 10-K is available at https://tinyurl.com/mskshedb. About Office Properties Income (OPI) Trust Office Properties Income (OPI) Trust is a national REIT focused on owning and leasing office properties to high-credit-quality tenants in markets throughout the United States. OPI's property portfolio consists of 124 wholly owned properties located in 29 states and the District of Columbia, containing approximately 17.2 million rentable square feet. As of June 30, 2025, approximately 59% of OPI's revenues were from investment-grade-rated tenants. In 2024, OPI was named an Energy Star(R) Partner of the Year for the seventh consecutive year. OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately $39 billion in assets under management as of September 30, 2025, and more than 35 years of institutional experience in buying, selling, financing, and operating commercial real estate. OPI is headquartered in Newton, Massachusetts. Office Properties Income Trust and 72 affiliates filed separate petitions for Chapter 11 bankruptcy protection (Bankr. S.D. Texas Lead Case No. 25-90530) on October 30, 2025, before the Hon. Christopher M Lopez. As of Sept. 30, 2025, Office Properties Income Trust has 3,501,385,950 in total assets and$2,501,583,119 in total liabilities. The petitions were signed by John R. Castellano, their chief restructuring officer. Lawyers at Latham & Watkins LLP and Hunton Andrews Kurth LLP serve as the Debtors' counsel. Moelis & Company serves as the Debtors' investment banker and AlixPartners LLP as their restructuring advisors. Kroll Restructuring Administration LLC serves as the Debtors' claims, noticing & solicitation agent. White & Case LLP represents an ad hoc group of noteholders holding 90% senior secured notes due in September 2029 with an aggregate outstanding principal amount of $567,429,000. Milbank LLP and Porter Hedges LLP represent an ad hoc group of secured noteholders holding 3.25% senior secured notes due in 2027. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Munsch Hardt Kopf & Harr, P.C. represent an ad hoc group of secured noteholders holding (a) 90% senior secured notes due in March 2029; (b) 90% senior secured notes due 2029; (c) 3.25% senior secured notes due 2027 and (d) a short position in OPI's common equity interests. Acquiom Agency Services, LLC, is the DIP agent and is represented by White & Case LLP. OFFICE PROPERTIES: Posts $93.02M Net Loss in Q1 Amid Ongoing Ch. 11 ------------------------------------------------------------------- Office Properties Income (OPI) Trust has filed its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission, reporting a net loss of $93.02 million for the three months ended March 31, 2026, compared to a net loss of $45.87 million for the same period in the prior year. Rental income for the three months ended March 31, 2026 were $108.87 million, compared to $113.62 million in the prior-year period. As of March 31, 2026, the Company had $3.47 billion in total assets, $2.68 billion in total liabilities, and $788.13 million in total stockholders' equity. Going Concern Substantial doubt about the Company's ability to continue as a going concern exists due to: (1) insufficient liquidity to satisfy the Company's obligations as they come due, (2) limited alternatives available to the Company to obtain debt or equity financing, (3) inability to refinance the Company's maturing debt, and (4) the resulting Chapter 11 Cases. The Company's ability to continue as a going concern is contingent upon, among other things, its ability to implement the Plan and generate sufficient liquidity following the reorganization to meet our obligations, restructured debt obligations and operating needs. The transactions contemplated by the Plan are subject to certain conditions. Accordingly, no assurance can be given that the transactions described therein will be consummated. As a result, the Company have concluded that management's plans at this stage do not alleviate substantial doubt about the Company's ability to continue as a going concern. A full text copy of the Company's Form 10-Q is available at https://tinyurl.com/4de6wb4b About Office Properties Income (OPI) Trust Office Properties Income (OPI) Trust is a national REIT focused on owning and leasing office properties to high-credit-quality tenants in markets throughout the United States. OPI's property portfolio consists of 124 wholly owned properties located in 29 states and the District of Columbia, containing approximately 17.2 million rentable square feet. As of June 30, 2025, approximately 59% of OPI's revenues were from investment-grade-rated tenants. In 2024, OPI was named an Energy Star(R) Partner of the Year for the seventh consecutive year. OPI is managed by The RMR Group (Nasdaq: RMR), a leading U.S. alternative asset management company with approximately $39 billion in assets under management as of September 30, 2025, and more than 35 years of institutional experience in buying, selling, financing, and operating commercial real estate. OPI is headquartered in Newton, Massachusetts. Office Properties Income Trust and 72 affiliates filed separate petitions for Chapter 11 bankruptcy protection (Bankr. S.D. Texas Lead Case No. 25-90530) on October 30, 2025, before the Hon. Christopher M Lopez. As of Sept. 30, 2025, Office Properties Income Trust has 3,501,385,950 in total assets and$2,501,583,119 in total liabilities. The petitions were signed by John R. Castellano, their chief restructuring officer. Lawyers at Latham & Watkins LLP and Hunton Andrews Kurth LLP serve as the Debtors' counsel. Moelis & Company serves as the Debtors' investment banker and AlixPartners LLP as their restructuring advisors. Kroll Restructuring Administration LLC serves as the Debtors' claims, noticing & solicitation agent. White & Case LLP represents an ad hoc group of noteholders holding 90% senior secured notes due in September 2029 with an aggregate outstanding principal amount of $567,429,000. Milbank LLP and Porter Hedges LLP represent an ad hoc group of secured noteholders holding 3.25% senior secured notes due in 2027. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Munsch Hardt Kopf & Harr, P.C. represent an ad hoc group of secured noteholders holding (a) 90% senior secured notes due in March 2029; (b) 90% senior secured notes due 2029; (c) 3.25% senior secured notes due 2027 and (d) a short position in OPI's common equity interests. Acquiom Agency Services, LLC, is the DIP agent and is represented by White & Case LLP. OHIO LUXURY: Seeks to Hire Charles Tyler Sr. as Counsel ------------------------------------------------------- Ohio Luxury Builders seeks approval from the U.S. Bankruptcy Court for the Northern District of Ohio to employ The Law Office of Charles Tyler, Sr. as counsel. The firm will provide these services: a. give the Debtor legal advice with respect to its powers and duties in the continued operation of the business and management of its property; b. prosecute any necessary litigation on behalf of the Debtor; c. represent Debtor in connection with all matters that may be filed in this Court; d. prepare on behalf of Debtor all petitions, applications, answers, orders, reports and other papers and pleadings; and e. perform all other legal services for Debtor which may be necessary in this proceeding. The firm will be paid at these rates: Charles Tyler, Sr., Esq. $300 per hour Paralegal/Paraprofessional $75 per hour The firm received a retainer in the amount of $2,000. In addition, the firm will seek reimbursement for its out-of-pocket expenses. Mr. Tyler 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: Charles Tyler, Sr., Esq. THE LAW OFFICE OF CHARLES TYLER, SR. 137 S Main Street Suite 206 Akron, OH 44308 Tel: (330) 665-0910 Fax: (330) 665-0718 Email: Charles.tyler@tylerlawoffice.com About Ohio Luxury Builders LLC Ohio Luxury Builders LLC is a Youngstown, Ohio-based nonresidential building construction company that owns real estate properties in northeastern Ohio. The company's listed assets include residential properties, vacant lots and a commercial office property. Ohio Luxury Builders LLC in Youngstown, OH, filed its voluntary petition for Chapter 11 protection (Bankr. N.D. Ohio Case No. 26-40663) on May 20, 2026, listing $2,620,820 in assets and $3,226,247 in liabilities. Corey Kemp as single member and president, signed the petition. Judge Tiiara NA Patton oversees the case. CHARLES TYLER, SR., ATTORNEY AND COUNSELOR AT LAW serve as the Debtor's legal counsel. OMNI HEALTH: Gets Extension to Access Cash Collateral ----------------------------------------------------- Omni Health Services, Inc. received fifth interim approval from the U.S. Bankruptcy Court for the Eastern District of Pennsylvania to use cash collateral. The court authorized the Debtor to use cash collateral in accordance with its budget until the next hearing scheduled for July 15. The Debtor said it needs to use the cash collateral of secured creditors to fund operations, payroll, and other expenses. As adequate protection, Berkshire Bank and other secured creditors that may have interest in the cash collateral will be granted replacement liens on the Debtor's post-petition property, with the same validity, priority and extent as their pre-bankruptcy liens. In addition, the Debtor was directed to continue its regular debt service payments to Berkshire Bank on account of its loans. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/B8MwK from PacerMonitor.com. Omni Health Services holds cash and certain accounts receivable constituting cash collateral, which is subject to claims from several pre-bankruptcy secured creditors, including Berkshire Bank, the U.S. Small Business Administration, Graybar Financial Services, IOU Central, Inc., Global Merchant Cash, Inc., and Likety Capital, LLC. The Debtor, a provider of clinic-based outpatient mental health services for children and adults, has faced financial difficulties due to declining in-person patient visits, staffing shortages, and increased competition from telehealth services, prompting it to close 10 unprofitable locations and consolidate operations in an effort to reorganize successfully. About Omni Health Services Inc. Omni Health Services, Inc. is a community-based mental health services provider operating 12 locations across Pennsylvania and New Jersey. Omni Health Services sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Pa. Case No. 25-14727) on November 20, 2025, listing between $1 million and $10 million in assets and liabilities. Michael Thevar, president of Omni Health Services, signed the petition. Judge Ashely M. Chan oversees the case. David B. Smith, Esq., at Smith Kane Holman, LLC, represents the Debtor as legal counsel. OSTENDO TECHNOLOGIES: Gets OK to Use Cash Collateral ---------------------------------------------------- The U.S. Bankruptcy Court for the Central District of California, San Fernando Valley Division, granted Ostendo Technologies, Inc. authorization to use cash collateral and sale proceeds to pay administrative expenses. The order authorizes the debtor to use Available Intangible IP Cash to pay expenses outlined in the motion and approved budget. The debtor is also permitted flexibility to deviate from the budget by up to 10% on an aggregate basis for all expense categories other than salaries. This authority provides the debtor with additional operational flexibility while continuing to administer the Chapter 11 estate. As adequate protection for creditors holding valid and perfected security interests in the cash collateral, the Court granted replacement liens on substantially all post-petition assets of the debtor's estate. These replacement liens preserve the same extent, validity, and priority as the creditors' prepetition liens, but expressly exclude avoidance actions arising under Bankruptcy Code sections 544 through 550 and related provisions. The court further ruled that any applicable stay, including the automatic stay period under Bankruptcy Rule 6004, was waived. Consequently, the order became effective immediately upon entry, allowing the debtor to promptly access and use the authorized funds without delay. About Ostendo Technologies Inc. Ostendo Technologies, Inc. develops advanced display and imaging technologies, including micro-LED and quantum photonic imagers. It operates in the semiconductor sector and maintains facilities in California. Ostendo Technologies sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 25-11111) on June 24, 2025. In its petition, the Debtor reported estimated assets between $1 million and $10 million and estimated liabilities between $10 million and $50 million. Honorable Bankruptcy Judge Victoria S. Kaufman handles the case. The Debtor tapped Ron Bender, Esq., at Levene, Neale, Bender, Yoo & Golubchik, LLP as legal counsel and Sherwood Partners, Inc. as restructuring advisor. OUACHITA COUNTY MEDICAL: Committee Taps Hall Estill as Attorney --------------------------------------------------------------- The official committee of unsecured creditors of Ouachita County Medical Center seeks approval from the U.S. Bankruptcy Court for the Western District of Arkansas to hire Hall, Estill, Hardwick, Gable, Golden & Nelson, P.C. as its attorneys. The firm will render these services: a. advise the Committee on its rights, obligations, and powers in this case and as required by Section 1103 of the Bankruptcy Code; b. appear before this Court and others on the Committee's behalf on all matters involving the Debtor or this Case; c. assist the Committee in investigating and analyzing the acts, liabilities, and financial condition of the Debtor, the Debtor's assets and business operations, including disposition of those assets, and any other matters relevant to this case and the interests of unsecured creditors; d. assist the Committee in examining claims filed against the Debtor to determine whether any asserted claims are objectionable or otherwise improper; e. assist the Committee in examining any claims that the Debtor could or should assert against third-parties, officers, directors, or others to increase the assets of the estate; f. assist the Committee in evaluating any sales of assets to ensure that they are carried out in a manner that serves the best interests of the estate and the unsecured creditors; and g. perform all other legal services necessary for and requested by the Committee in connection with the Case and the Committee's duties. Hall Estill is a "disinterested person" within the meaning of Section 101(14) of the Bankruptcy Code, according to court filings. The firm can be reached through: Wm. Marshall Hubbard, Esq. HALL, ESTILL, HARDWICK, GABLE, GOLDEN & NELSON, P.C. 75 N. East Ave., Ste. 500 Fayetteville, AR 72701 E-mail: mhubbard@hallestill.com - and - Larry G. Ball, Esq. Shay L. Denning, Esq. HALL, ESTILL, HARDWICK, GABLE, GOLDEN & NELSON, P.C. 100 N. Broadway Ave., Suite 2900 Oklahoma City, OK 73102 Telephone: (405) 553-2828 Email: lball@hallestill.com sdenning@hallestill.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 $1,000,001 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 counsel. PALM BEACH: Hires Michael A. Lampert PA as Special Counsel ---------------------------------------------------------- Palm Beach Sandal Company seeks approval from the U.S. Bankruptcy Court for the Southern District of Florida to employ Michael A. Lampert, P.A. as special counsel. The firm will assist the Debtor on negotiations with the Department of Revenue regarding taxes allegedly due. The firm received a retainer in the amount of $2,775. As disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Michael A. Lampert, Esq. Michael A. Lampert, P.A. 1655 Palm Beach Lakes Blvd, Suite 900 West Palm Beach, FL 33401 Phone: +1 561-689-9407 About Palm Beach Sandal Company Palm Beach Sandal Company designs, manufactures, and retails handcrafted leather sandals, producing classic footwear styles using premium leather materials. It operates a workshop and retail presence in West Palm Beach, Florida. Palm Beach Sandal Company filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. S.D. Fla. Case No. 25-25134) on December 23, 2025, listing up to $50,000 in assets and between $1 million and $10 million in liabilities. Judge Erik P. Kimball presides over the case. Brian K. McMahon, Esq., represents the Debtor as counsel. PIZZAHQ NJ 1: Unsecured Creditors to Split $280K over 60 Months --------------------------------------------------------------- PizzaHQ NJ1 LLC filed with the U.S. Bankruptcy Court for the District of New Jersey a Plan of Reorganization for Small Business dated May 20, 2026. The Debtor is a limited liability company organized under the laws of Delaware but operating out of New Jersey. The Debtor is a pizza broker that helps facilitate catering pizza meals to large wholesale clientele such as public-school cafeterias. The Debtor is owned by a holding company called Avaden Management LLC. The Debtor derives substantially all its income through payments made by schools who have contracted the Debtor to provide school lunches for their students. When the Debtor was formed, the Debtor planned to fulfill these orders on its own, but producing the pizza and other foods and then delivering them to the various schools. Unfortunately, the Debtor started losing contracts in 2023 and 2024 which put extreme financial stress on the Debtor. Before losing these school contracts the Debtor was already struggling to remain current on all of its financial obligations, but with the decrease in revenue it became impossible for the Debtor to make its necessary payments. Thankfully, the Debtor has been able to maintain some of its contracts with local schools and was able to pivot its business model. The Debtor realized that it would not be able to produce the food necessary under the contracts that it had. The Debtor was instead also able to enter into an agreement with a company called Celestinos Pizzeria (Celestinos) wherein Celestinos acts as the food preparation and fulfillment provider, effectively preparing and fulfilling all the food orders that the Debtor generates. Under this agreement, the Debtor acts as a broker and sales/marketing company and is able to concentrate on obtaining the contracts and business, while Celestinos concentrates on producing the Pizzas and necessary food orders. The Debtor collects all funds and then the proceeds are split 35% for the Debtor, 65% for Celestinos. This arrangement with Celestinos has put the Debtor in position where it is able to maintain its contracts and agreements with the schools despite the fact that the Debtor has no ability to make the necessary food at this time. Class 9 consists of Allowed General Unsecured Claims against the Debtor. Claimants to share pro rata in a total fund of $280,000.00. Commencing 120 days after the Effective Date, for a period of 60 months, the Debtor will make the monthly payments in the amount of $4,666.66 toward the fund for payment of Class 8 Claims. The Debtor propose to distribute the fund to the holders of allowed Class 9 claims monthly. However, if the monthly payment due any holder of an allowed Class 9 Claim from the fund is less than $10.00, the Debtor may elect to distribute the full amount of the claimant's share of the fund in a single payment. This Class is impaired. Class 10 consists of Equity Interest Holders. Will retain all equity interests in all property of the Debtor, except any property surrendered to a secured claimant pursuant to the plan. The Debtor will fund the payments toward the unclassified priority tax claims against it and the payments to Classes 1, 2, and 9 by contributing post-confirmation income realized through its business operations. On Confirmation of the Plan, all property of the Debtor, tangible and intangible, including, without limitation, licenses, furniture, fixtures and equipment, will revert, free and clear of all Claims and Equitable Interests except as provided in the Plan, to the Debtor. The Debtor expects to have sufficient cash on hand to make the payments required on the Effective Date. A full-text copy of the Plan of Reorganization dated May 20, 2026 is available at https://urlcurt.com/u?l=u8C7jp from PacerMonitor.com at no charge. Counsel to the Debtor: NORGAARD O'BOYLE 184 Grand Avenue Englewood, NJ 07631 (201) 871-1333 Brian G. Hannon, Esq. About PizzaHQ NJ1 LLC PizzaHQ NJ1 LLC operates in New Jersey as a pizza broker that facilitates large-scale catering arrangements, primarily providing pizza meals to public-school cafeterias. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.N.J. Case No. 26-11822) on Feb. 19, 2026. In the petition signed by Matthew Bassil, member, the Debtor disclosed up to $1 million in both assets and liabilities. Brian G Hannon, Esq., at Norgaard O'Boyle Hannon, is the Debtor's legal counsel. POLAR POWER: Board OKs Keith Albrecht's Rescinded Resignation ------------------------------------------------------------- Polar Power, Inc. previously disclosed in a regulatory filing that Keith Albrecht and Katherine Koster, two of the Company's independent directors, resigned as members of the Board of the Company, effective May 19, 2026. On May 18, 2026, Keith Albrecht rescinded his resignation as a director, and the Board approved the rescinding of Keith Albrecht's resignation, effective immediately. About Polar Power Polar Power, Inc. designs, manufactures and sells direct-current power systems that supply energy for off-grid, bad-grid, backup-power, electric-vehicle charging and nano-grid applications. Its products integrate DC generators, proprietary electronic controls, lithium batteries and solar photovoltaic technologies. The company sells primarily into telecommunications markets and also serves defense, automotive, marine and industrial markets. In an audit report dated April 15, 2026, Weinberg & Company, P.A., included a going concern qualification, stating that the company incurred a net loss and negative operating cash flows during the year ended Dec. 31, 2025. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, the Company had $11.44 million in total assets, $9.06 million in total liabilities, and $2.39 million in total stockholders' equity. POLAR POWER: Pays $755K, Regains HQ Access After May 19 Eviction ---------------------------------------------------------------- Polar Power, Inc. previously disclosed in a regulatory filing that the Company entered into a Settlement Agreement with the landlords for each of its headquarters facility and its warehouse facility that became effective as of May 7, 2026, and on May 19, 2026, the landlord for the Company's headquarters facility evicted the Company from that facility. On May 22, 2026, the Company entered into a new Settlement Agreement with the landlords for each of its headquarters facility and its warehouse facility. Pursuant to this agreement, the Company paid the landlords a combined total of $755,000 and regained access to its headquarters facility on May 22, 2026. This New Settlement Agreement also provides that if the Company pays the sum of $55,000 on May 1, 2027 and June 1, 2027, and $92,388 per month from July 1, 2026 through April 1, 2027 for the headquarters facility, the landlord shall not seek to evict the Company from the headquarters facility through June 30, 2027. Regarding the warehouse facility, the Company continued its agreement to vacate the facility by August 31, 2026 and leave the premises in the condition required by the relevant lease agreement; in exchange, the landlord agreed to waive rents for the months of June, July, and August 2026. Each landlord reserved the right to charge for any waived rents or continue with eviction action should the Company fail to meet the requirements listed in the New Settlement Agreement. The Company also may have to pay liquidated damages if it fails to vacate the properties in the event either or both landlords decide to exercise their rights for eviction. About Polar Power Polar Power, Inc. designs, manufactures and sells direct-current power systems that supply energy for off-grid, bad-grid, backup-power, electric-vehicle charging and nano-grid applications. Its products integrate DC generators, proprietary electronic controls, lithium batteries and solar photovoltaic technologies. The company sells primarily into telecommunications markets and also serves defense, automotive, marine and industrial markets. In an audit report dated April 15, 2026, Weinberg & Company, P.A., included a going concern qualification, stating that the company incurred a net loss and negative operating cash flows during the year ended Dec. 31, 2025. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, the Company had $11.44 million in total assets, $9.06 million in total liabilities, and $2.39 million in total stockholders' equity. POLAR POWER: Signs Dual Note Deal and MCC Restructuring Agreement ----------------------------------------------------------------- Polar Power, Inc. announced in a regulatory filing that it entered into a Securities Purchase Agreement with CFI Capital LLC. Pursuant to the CFI SPA, on May 21, 2026, the Company issued to CFI a 6% convertible redeemable note in the aggregate principal amount of $600,000. The purchase price of the CFI Note was $546,000, and the Company received net proceeds of $500,000, after deducting $10,000 to cover CFI's legal fees and a $36,000 payment to Craft Capital Management, LLC as a broker/placement agent fee. The CFI Note has an interest rate of 6% per annum, and the maturity date is 12 months from the Issue Date. On or following six months from the Issue Date, CFI has the right to convert the outstanding and unpaid principal amount and interest into the Company's shares of common stock, $0.0001 par value per share. The conversion price equals 80% of the lowest daily VWAP of the Company's Common Stock for the last 10 trading days prior to conversion; provided, that if the Company is delisted from NASDAQ, then the conversion discount shall increase to 65% of the lowest trading price and the lookback shall be for the last 20 trading days. The Company granted to CFI piggy-back registration rights for the shares of Common Stock issuable upon conversion of the CFI Note. The Company has instructed its transfer agent to reserve 1,206,434 shares of Common Stock for the conversion. The CFI SPA and CFI Note also contain other customary terms and conditions. Monroe SPA On May 21, 2026, the Company entered into a Securities Purchase Agreement with Monroe Street Capital Partners, LP. Pursuant to the Monroe SPA, on May 21, 2026, the Company issued to Monroe a 6% convertible redeemable note in the aggregate principal amount of $370,600. The purchase price of the Monroe Note was $340,000, and the Company received net proceeds of $307,100, after deducting $12,500 to cover Monroe's legal fees and a $20,400 payment to Craft. The Monroe Note has an interest rate of 6% per annum, and the maturity date is 12 months from the Issue Date. On or following six months from the Issue Date, Monroe has the right to convert the outstanding and unpaid principal amount and interest into the Company's shares of Common Stock. The conversion price equals to 80% of the lowest daily VWAP of the Company's Common Stock for the last 10 trading days prior to conversion; provided, that if the Company is delisted from NASDAQ, then the conversion discount shall increase to 65% of the lowest trading price and the lookback shall be for the last 20 trading days. The Company granted to Monroe piggy-back registration rights for the shares of Common Stock issuable upon conversion of the Monroe Note. The Company has instructed its transfer agent to reserve 1,000,000 shares of Common Stock for the conversion. The Monroe SPA and Monroe Note also contain other customary terms and conditions. On May 21, 2026, the Company, CFI and Monroe entered into a Side Letter Relating to Note Issuance, pursuant to which the Company shall, within 60 calendar days after May 21, 2026, obtain a shareholder approval to effectuate the transactions contemplated by the CFI SPA, CFI Note, Monroe SPA and Monroe Note, including but not limited to the issuance of Common Stock upon the conversion of these agreements and notes in excess of 19.99% of the issued and outstanding Common Stock on the closing date. Until the Company has obtained the shareholder approval, the number of shares of Common Stock that the Company issues to CFI and Monroe, in the aggregate, pursuant to the CFI SPA and Monroe SPA or upon conversion of the CFI Note and Monroe Note, shall not exceed the Exchange Cap. Restructuring, Implementation and Management Services Agreement On May 21, 2026, the Company also signed a Restructuring, Implementation and Management Services Agreement with Mammoth Crest Capital, LLC., effective as of May 19, 2026. Pursuant to the Services Agreement, MCC shall lead, manage, drive and implement the operational, organizational, governance, financial and capital-structure initiatives described in the Scope of Work attached to the Services Agreement. No later than 30 days following May 19, 2026, the effective date of the Services Agreement, the Company shall cause its board of directors to consist of seven directors, and appoint Barrett Evans and Michael Hill as directors who are designated by MCC. Arthur D. Sams will remain as the chairman of the Board and Michael Fields will remain on the Board. MCC shall, in consultation with the Company's Chief Executive Officer, propose candidates to fill the remaining Board seats. In consideration, the Company shall pay to MCC $500,000 in two installments: (a) $100,000 on the Effective Date as a non-refundable retainer; and (b) $400,000 upon MCC's delivery of the Deliverables and Milestones as defined by the Services Agreement. MCC agrees to defer collection of the Balance until the Company has consummated debt or equity financing(s) yielding aggregate gross proceeds to the Company of at $5,000,000. Commencing on the first day of the calendar month immediately after MCC's delivery of the Deliverables and Milestones, the Company shall pay to MCC a monthly cash retainer of $25,000. On the Effective Date, the Company shall issue to MCC (or its designee) a number of shares of the Company's Common Stock such that, after giving effect to the issuance of the Shares, the Shares represent 4.5% of the issued and outstanding shares of common stock of the Company on the Effective Date. The Company shall include the Shares for resale registration in the next registration statement filed by the Company (other than a registration statement on Form S-4 or S-8 or in respect of a primary offering by the Company that excludes selling stockholders). The Services Agreement has a 12-month term beginning from the effective date, unless terminated earlier. Upon expiration of the Initial Term, the term shall be renewed and extended automatically for additional, consecutive periods of three months each. The Services Agreement also contains other customary terms and conditions. The Company has not registered under the Securities Act of 1933, the issuance of the CFI Note, the Monroe Note, the shares of Common Stock underlying the notes, or the Shares being issued under the Services Agreement. The issuances were made under exemptions from registration provided by Section 4(a)(2) of the Act. The issuances did not involve any public offering; no general solicitation or general advertising was used in connection with the issuances. Full text copies of the CFI SPA, CFI Note, Monroe SPA, Monroe Note, Side Letter and Services Agreement are available at https://tinyurl.com/4kjdh3r6, https://tinyurl.com/bdzap46j, https://tinyurl.com/bddvjtbh, https://tinyurl.com/mt88x2ar, https://tinyurl.com/26twd7r4 and https://tinyurl.com/58458pxu, respectively. About Polar Power Polar Power, Inc. designs, manufactures and sells direct-current power systems that supply energy for off-grid, bad-grid, backup-power, electric-vehicle charging and nano-grid applications. Its products integrate DC generators, proprietary electronic controls, lithium batteries and solar photovoltaic technologies. The company sells primarily into telecommunications markets and also serves defense, automotive, marine and industrial markets. In an audit report dated April 15, 2026, Weinberg & Company, P.A., included a going concern qualification, stating that the company incurred a net loss and negative operating cash flows during the year ended Dec. 31, 2025. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, the Company had $11.44 million in total assets, $9.06 million in total liabilities, and $2.39 million in total stockholders' equity. POLAR POWER: Terminates Stone Brothers Revolving Loan Agreement --------------------------------------------------------------- Polar Power, Inc. previously disclosed in a regulatory filing that the Company entered into a Revolving Loan Agreement with Stone Brothers Capital. On May 18, 2026, the Company sent a written termination notice to the Lender to terminate the Loan Agreement. The termination is effective after five business days. The Lender has not made any loans to the Company as of May 18, 2026. About Polar Power Polar Power, Inc. designs, manufactures and sells direct-current power systems that supply energy for off-grid, bad-grid, backup-power, electric-vehicle charging and nano-grid applications. Its products integrate DC generators, proprietary electronic controls, lithium batteries and solar photovoltaic technologies. The company sells primarily into telecommunications markets and also serves defense, automotive, marine and industrial markets. In an audit report dated April 15, 2026, Weinberg & Company, P.A., included a going concern qualification, stating that the company incurred a net loss and negative operating cash flows during the year ended Dec. 31, 2025. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, the Company had $11.44 million in total assets, $9.06 million in total liabilities, and $2.39 million in total stockholders' equity. PRESTIGE HEALTHCARE: Gets Extension to Access Cash Collateral ------------------------------------------------------------- The U.S. Bankruptcy Court for the District of Maryland, Greenbelt Division issued a fifth interim order granting Prestige Healthcare Resources Inc. a one-month extension to use cash collateral. The court authorized the Debtor to use cash collateral through June 30 in accordance with a detailed May budget. The Debtor is also allowed flexibility to reallocate unused budget amounts and exceed budget line items by up to 10%, provided it reports significant deviations. As adequate protection, M&T Bank and any junior lien creditors will be granted replacement liens on post-petition assets with the same priority as their pre-petition liens, to the extent their collateral value is diminished. In addition, the Debtor must make $25,000 in adequate protection payments to M&T Bank, with any excess over applicable interest applied to principal. The order also clarifies that these liens do not extend to certain avoidance actions and preserves all parties' rights to challenge lien validity or priority later. The order includes additional protections and procedures, such as requiring the Debtor to maintain records, provide financial reporting, and serve notice to creditors. The court scheduled a final hearing on June 22. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/vQN5L from PacerMonitor.com. About Prestige Healthcare Resources Inc. Prestige Healthcare Resources Inc., incorporated in Maryland in 2009, operates as a behavioral health core service agency providing mental health and related support services to individuals in Washington, D.C., Prince George's County, and Baltimore City, Maryland, and is recognized as a certified provider in the behavioral health sector, offering therapy, mental health rehabilitative services, substance use disorder programs, elderly and persons with physical disabilities waiver case management, non-medical respite, problem gambling assistance, and assertive community treatment team services. Prestige Healthcare Resources Inc. filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Md. Case No. 26-10955) on January 29, 2026, listing $1 million to $10 million in both assets and liabilities. The petition was signed by John S. Smith, Jr. as president. Judge Maria Ellena Chavez-Ruark oversees the case. The Debtor tapped Joseph Selba, Esq., at Tydings Rosenberg, LLP as legal counsel and Smeed CPA, Inc. as accountant. The U.S. Trustee for Region 4 appointed Maude R. Holt as patient care ombudsman in the Debtor's bankruptcy case. REBORN COFFEE: Going Concern Persists Despite Narrowing Q1 Net Loss ------------------------------------------------------------------- Reborn Coffee, Inc. has filed its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission, reporting a net loss of $1.5 million for the three months ended March 31, 2026, compared to a net loss of $2.2 million for the same period in the prior year. Total net revenues for the three months ended March 31, 2026 were $.52 million, compared to $1.7 million in the prior-year period. The Company had an accumulated deficit of $32.5 million as of March 31, 2026 and a net loss before income taxes of $1.4 million during the three months ended March 31, 2026. These matters raise substantial doubt about the Company's ability to continue as a going concern. To support its existing and planned business model, the Company needs to raise additional capital to fund our future operations. The Company has not experienced any difficulty in raising funds through loans and has not experienced any liquidity problems in settling payables in the normal course of business and repaying loans when they fall due. Successful renewal of the Company's loans, however, is subject to numerous risks and uncertainties. In addition, the increasingly competitive industry conditions under which we operate may negatively impact on our results of operations and cash flows. Additional financing is anticipated to fund the Company's operations in near future. However, there can be no assurance that any of this financing can be obtained or that the Company can continue as a going concern. A full text copy of the Company's Form 10-Q is available at https://tinyurl.com/nhfaxsvu About Reborn Coffee Brea, Calif.-based Reborn Coffee, Inc. (NASDAQ: REBN) -- https://www.reborncoffee.com/ -- is focused on serving high quality, specialty-roasted coffee at retail locations, kiosks, and cafes. Reborn is an innovative company that strives for constant improvement in the coffee experience through exploration of new technology and premier service, guided by traditional brewing techniques. Reborn differentiates themselves from other coffee roasters through innovative techniques, including sourcing, washing, roasting, and brewing their coffee beans with a balance of precision and craft. As of March 31, 2026, the Company had $14.2 million in total assets, $10.7 million in total liabilities, and $3.4 million in total stockholders' equity. Irvine, Calif.-based BCRG Group, the Company's auditor since 2024, issued a "going concern" qualification in its report dated April 22, 2026, attached to the Company's Annual Report on Form 10-K for the year ended Dec. 31, 2025, citing that the Company's significant operating losses raise substantial doubt about its ability to continue as a going concern. RENPRO LLC: Wins Interim Cash Collateral Access ----------------------------------------------- Renpro, LLC, received second interim approval from the U.S. Bankruptcy Court for the Northern District of New York for authority to use cash collateral and provide adequate protection. The order authorized the Debtor to use cash collateral in accordance with an attached budget through the June hearing. As adequate protection for lenders, secured creditors identified in the debtor's schedules and financing statements were granted continuing rollover liens and security interests in collateral, preserving their prepetition priority and protections during the interim period. The court additionally approved monthly adequate protection payments of $5,000 each to Wilmington Savings Fund Society, FSB, acting as trustee for Residential Mortgage Aggregation Trust, and to RBLF Funding Trust, with payments due by June 5, 2026. The order expressly preserves all parties' rights to challenge lien validity or collateral interests and requires notice of the interim hearing to be served on creditors and interested parties. A subsequent hearing to consider continued use of cash collateral was scheduled for June 17. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/WIzo1 from PacerMonitor.com. 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. ROSSLYN2016 LLC: Court OKs Morgan Stanley Settlement Agreement -------------------------------------------------------------- Chief Judge Eduardo V. Rodriguez of the U.S. Bankruptcy Court for the Southern District of Texas granted the motion of ROSSLYN2016 LLCs' Chapter 7 Trustee for entry of an order authorizing and approving the Settlement Agreement, dated as of February 24, 2026, by and between the Chapter 7 Trustee, Morgan Stanley Private Bank, National Association, and TL-I, LLC pursuant to sections 105(a) and 363 of the Bankruptcy Code, and Rules 6004 and 9019 of the Federal Rules of Bankruptcy Procedure. The release of the Released Claims by the Estate Releasing Parties, as and to the fullest extent set forth in the Settlement Agreement, is critical to the settlements and compromises thereunder, is supported by fair and reasonable consideration, is in the best interests of the Estates, and, accordingly, is approved pursuant to Bankruptcy Rule 9019; provided, however, that such Release is subject to the conditions, limitations, exclusions, and stipulations set forth in the Settlement Agreement in all respects, and shall be effective upon the Settlement Effective Date. The Court finds approval of the Compromise and Settlement is (i) fair and equitable, (ii) in the best interests of the Estates, and (iii) falls within the reasonable range of litigation possibilities. The balance between the likelihood of the Trustee's success on the merits after lengthy and costly litigation when compared to the concrete and tangible benefit of the Compromise and Settlement weighs in favor of approval of the Compromise and Settlement. Moreover, it is certain that litigation of the Released Claims would be costly, complex and protracted. The Trustee relied on experienced counsel when exercising her business judgment to enter into the Compromise and Settlement. The negotiation and execution of the Settlement Agreement was at arm's length and in good faith, and at all times each of the Parties were represented by competent, independent counsel of their choosing. Accordingly, the Compromise and Settlement, including the Settlement Agreement and all of its provisions (including the Release), are approved. The Trustee is authorized to enter into, perform her obligations under, and take all other actions necessary to effectuate the Settlement Agreement pursuant to sections 105 and 363 of the Bankruptcy Code and Bankruptcy Rules 6004 and 9019. Under the settlement, the Morgan Stanley GUC Claims, as evidenced by the Morgan Stanley Proofs of Claim, are allowed as follows: Morgan Stanley has an allowed general unsecured claim (a) against the Rosslyn estate in the amount of $4,720,247.43 ; (b) against the Texas Esencia estate in the amount of $5,008,127.96; and (c) against the Timbers estate in the amount of $4,319,654.76. Other than the Morgan Stanley GUC Claims and claims (if any) to enforce, or for damages for breach of, the Settlement Agreement, Morgan Stanley shall not assert any other or greater claims against the Estates. Morgan Stanley stipulates and agrees that its legal, valid and properly perfected security interests and liens on the Collateral will, solely for purposes of distributions to holders of allowed unsecured claims in the Chapter 7 Cases, not encumber the Estates' right to any insurance recoveries with respect to the Properties; provided, however, that Morgan Stanley's rights with respect to Insurance Claims are fully reserved to the extent the Chapter 7 Cases are dismissed or the Trustee abandons or otherwise elects not to pursue the Insurance Claims; provided, further, that, to the extent the proceeds of any such insurance recoveries with respect to the Properties are distributed to unsecured creditors in the Chapter 7 Cases, Morgan Stanley shall be entitled to its pro rata share of such distributions on account of the Morgan Stanley GUC Claims. The following adversary proceedings are dismissed with prejudice and shall be administratively closed following entry of this Order: 1. Adversary No. 25-03804 Rosslyn2016, LLC and Fercan Kalkan v. Morgan Stanley Private Bank 2. Adversary No. 25-03805 Rosslyn2016, LLC and Fercan Kalkan v. Morgan Stanley Private Bank 3. Adversary No. 25-03806 Texas Esencia 2019, LLC and Kalkan v. Morgan Stanley Private Bank 4. Adversary No. 25-03807 Timbers2020, LLC and Fercan Kalkan v. Morgan Stanley Private Bank 5. Adversary No. 25-03808 Rosslyn2016, LLC v. Morgan Stanley Private Bank and TL-I, LLC 6. Adversary No. 25-03809 Timbers2020, LLC v. Morgan Stanley Private Bank and TL-I, LLC 7. Adversary No. 25-03810 Texas Esencia 2019, LLC v. Morgan Stanley Private Bank and TL-I, LLC Any objections to the Motion or the relief requested that have not been withdrawn, waived, or settled, including all reservations of rights, are overruled on the merits and denied with prejudice. A copy of the Court's Order dated May 20, 2026, is available at https://urlcurt.com/u?l=T3ONVC from PacerMonitor.com. About Rosslyn2016 LLC ROSSLYN2016 LLC is the owner and operator of The Retreat on Rosslyn Apartments, a residential apartment complex located at 5801 North Houston Rosslyn Rd. in Houston, Texas. ROSSLYN2016 LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. S.D. Tex. Case No. 25-31817) on March 31, 2025. In its petition, the Debtor reports estimated assets and liabilities between $10 million and $50 million each. Honorable Bankruptcy Judge Jeffrey P. Norman handled the case. The Debtor was represented by James Q. Pope, Esq. at The Pope Law Firm. The case was converted to Chapter 7 on January 8, 2026. Allison D. Byman is the Chapter 7 trustee. ROUTE 2 LLC: Case Summary & Nine Unsecured Creditors ---------------------------------------------------- Debtor: Route 2, LLC 8802 E. Diamond Rim Drive Scottsdale, AZ 85255 Chapter 11 Petition Date: May 27, 2026 Court: United States Bankruptcy Court District of Arizona Case No.: 26-05284 Debtor's Counsel: Andrew A. Harnisch, Esq. MAY, POTENZA, BARAN & GILLESPIE, P.C. 1850 N. Central Avenue, Ste 1600 Phoenix, AZ 85004 Tel: 602-252-1900 E-mail: aharnisch@maypotenza.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Andrew Olson as member. A copy of the Debtor's list of its nine unsecured creditors is available for free on PacerMonitor at: https://www.pacermonitor.com/view/VOD4KWQ/Route_2_LLC__azbke-26-05284__0002.0.pdf?mcid=tGE4TAMA A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/VAOHDOQ/Route_2_LLC__azbke-26-05284__0001.0.pdf?mcid=tGE4TAMA ROYAL BLUE REALTY: Gets Extension to Access Cash Collateral ----------------------------------------------------------- Royal Blue Realty Holdings, Inc. received another extension from the U.S. Bankruptcy Court for the Southern District of New York to use cash collateral. The court entered its 24th interim order authorizing the Debtor to use $196,574 in cash collateral, which includes approximately $181,926 in payments reimbursed by Comm-U LLC, for the period from June 1 to October 31. The use of cash collateral is limited to payment of the expenses set forth in the budget, subject to a 10% variance. As adequate protection for the Debtor's use of cash collateral, Deutsche Bank National Trust Company will be granted replacement liens on all property of the Debtor. These replacement liens do not apply to Chapter 5 avoidance actions. As additional protection, the Debtor was ordered to keep the pre-bankruptcy collateral insured and pay all property taxes and common charges relating to the collateral. The interim authorization will terminate on the earlier of October 31 or upon a material breach by the Debtor after a five-day cure notice; dismissal or conversion of the Debtor's Chapter 11 case; appointment of a trustee or examiner with expanded powers; entry of an order reversing, vacating or amending the 22nd interim order; or entry of an order granting relief from the automatic stay to any creditor (other than Deutsche Bank) holding or asserting a lien on the pre-bankruptcy collateral. The 24th interim order is available at https://shorturl.at/Fqx2W from PacerMonitor.com. A final hearing is scheduled for October 21. About Royal Blue Realty Holdings Royal Blue Realty Holdings, Inc. is primarily engaged in renting and leasing real estate properties. It holds business at 162-174 Christopher St., New York, N.Y. Royal Blue filed Chapter 11 petition (Bankr. S.D.N.Y. Case No. 21-10802) on April 26, 2021, listing between $1 million and $10 million in assets and between $10 million and $50 million in liabilities. Andrew Nichols, chief restructuring officer, signed the petition. Judge Lisa G. Beckerman oversees the case. Davidoff Hutcher & Citron, LLP represents the Debtor as legal counsel. Elaine Shay was appointed as temporary receiver with respect to the Debtor by order of the Supreme Court of New York on March 9, 2021. SA POOL: Hires West & West Attorneys at Law PC as Counsel --------------------------------------------------------- SA Pool Construction, Inc. seeks approval from the U.S. Bankruptcy Court for the Western District of Texas to employ West & West Attorneys at Law, P.C. as counsel. The firm's services include: a. advising and consulting with Debtor as to its powers and duties in the continued operation of its business and management of its properties during bankruptcy; b. taking actions as may be necessary to preserve and protect the Debtor's assets; c. preparing, on behalf of the Debtor, necessary applications, motions, complaints, adversary proceedings, answers, orders, reports, and other pleadings and legal documents, in connection with matters affecting the Debtor and its estate; d. assisting Debtor in the development, negotiation and confirmation of a plan of reorganization and the preparation of a disclosure statement or statements in respect thereof; e. performing other legal services that the Debtor may request in connection with this chapter 11 case and pursuant to the Bankruptcy Code. The firm will be paid at these rates: Dean W. Greer $450 per hour Paralegal $100 as necessary The firm received a retainer in the amount of $50,000, against this retainer $15,000 was billed for pre-petition work, $1,738 was used to pay for the bankruptcy filing fee. The balance or $33,262 is retained in West & West's trust account. The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. Dean W. Greer, 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: Dean W. Greer, Esq. West & West Attorneys at Law, P.C. 2929 Mossrock, Suite 204 San Antonio, TX 78230 Telephone: (210) 342-7100 Facsimile: (210) 340-3577 E-mail: dean@dwgreerlaw.com About SA Pool Construction Inc. SA Pool Construction, Inc. is a Texas-based company specializing in the construction of luxury swimming pools, water features, and spas. The Debtor filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. W.D. Texas Case No. 26-51198) on May 4, 2026, with $500,001 to $1 million in assets and $100,001 to $500,000 in liabilities. Michael Colvard serves as Subchapter V trustee. Judge Aubrey L. Thomas oversees the case. Dean Greer, Esq., at West & West Attorneys at Law, P.C., represents the Debtor as bankruptcy counsel. SB TRANSPORTATION: Gets Interim OK to Use Cash Collateral --------------------------------------------------------- The U.S. Bankruptcy Court for the Middle District of Florida, Orlando Division, entered a preliminary order granting SB Transportation Service Inc.'s motion to use cash collateral on an interim basis. The interim authorization remains effective through June 23. Under the order, the Debtor is authorized to use cash collateral for court-approved expenses, including United States Trustee quarterly fees, and for operating expenses set forth in the approved budget with flexibility to exceed individual budget line items by up to 10%. Additional expenditures may also be approved in writing by the creditor within 48 hours of a request, and the Debtor may seek expedited court review if disputes arise regarding proposed expenses. The Debtor projects total operational expenses of $3,000 for the period from May to July. The order requires the Debtor to continue fulfilling all duties imposed on a debtor-in-possession under the Bankruptcy Code and court orders. As adequate protection, secured creditors are granted perfected post-petition replacement liens on cash collateral with the same validity and priority as their prepetition liens, without the need for additional filings. The Debtor is also required to maintain insurance coverage consistent with its loan and security obligations. The Court preserved all parties' rights by making the order without prejudice to future requests for additional adequate protection, restrictions on cash collateral use, or challenges to lien validity. Rights of any future creditors' committee are similarly protected. A continued preliminary hearing on further use of cash collateral is scheduled for June 23, 2026. About SB Transportation Service Inc. SB Transportation Service, Inc. is a Florida-based transportation and logistics company providing freight and delivery services across regional and interstate routes. It offers trucking, shipment management, and logistical coordination for commercial clients. SB Transportation Service sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-00835) on February 6, 2026. In its petition, the Debtor reported assets of up to $50,000 and liabilities of between $500,001 and $1 million. Judge Lori V. Vaughan oversees the case. The Debtor is represented by Jeffrey Ainsworth, Esq., at Bransonlaw PLLC. SCREEN REPAIR: Gets Interim OK to Use Cash Collateral ----------------------------------------------------- Screen Repair by Joe Power LLC received interim approval from the U.S. Bankruptcy Court for the Middle District of Florida, Jacksonville Division, to use cash collateral. Under the order, the Debtor is authorized to use cash collateral for essential operating needs, including court-approved expenses, quarterly U.S. Trustee fees, "bare necessities" required for day-to-day business operations, and payment of prepetition wages to employees who remain employed by the company. Additional expenditures may be made with written approval from United Midwest Savings Bank and the Small Business Administration. The authorization remains effective until further court order. As adequate protection, secured creditors received perfected post-petition replacement liens on cash collateral, with the same validity, priority, and scope as their prepetition liens. The Debtor must also maintain insurance coverage and comply with all debtor-in-possession duties under the Bankruptcy Code. Secured creditors are granted access to the debtor's records and premises upon reasonable notice. The order preserves the rights of creditors and any future creditors' committee to challenge lien validity or seek further protections. A continued hearing on the cash collateral motion is scheduled for July 14. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/KKwSZ from PacerMonitor.com. The Debtor's business is comprised of two units (Repair and New Build). The Repair unit accounts for 60% of the revenues while the New Build unit accounts for the remaining 40%. The business runs lean due to needing minimal overhead, and it has a negative cash conversion cycle. As part and parcel of its operations, the Debtor generates cash on a point-of-sale basis. Revenues and receivables are constantly being deposited in the Debtor's operating accounts. The Debtor believes United Midwest Bank/ Small Business Administration may assert an interest in the cash collateral, and that the collateral securing the debt is valued at approximately $248,538.31. About Screen Repair by Joe Power LLC Screen Repair by Joe Power LLC, operating under the Screen Enclosures by Joe Power brand and formerly doing business as 9 Flags LLC, provides screen repair and enclosure contracting services in Northeast Florida. The Ponte Vedra, Florida-based company, founded in 2000, designs, builds and repairs patio enclosures, screened lanais, pool enclosures, screen rooms and related outdoor living structures for residential customers in Jacksonville, St. Augustine, Ponte Vedra Beach, Mandarin and surrounding communities. Screen Repair by Joe Power filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-02029) on May 5, 2026, with $100,001 to $500,000 in assets and $1 million to $10 million in liabilities. Jerrett McConnell, Esq., at McConnell Law Group, P.A. serves as Subchapter V trustee for the Debtor. Judge Jacob A. Brown presides over the case. Donald M. DuFresne, Esq., at Parker & Dufresne represents the Debtor as legal counsel. SELECTIS HEALTH: Swings to $6.5 Million Net Income in Q1 2026 ------------------------------------------------------------- Selectis Health, Inc. has filed its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission, reporting a net income of $6.5 million for the three months ended March 31, 2026, compared to a net loss of $655,969 for the same period in the prior year. Revenues for the three months ended March 31, 2026 were $7.3 million, compared to $10.5 million in the prior-year period. For the three months ended March 31, 2026, the Company had an accumulated deficit of $14.7 million and negative net working capital of $6.5 million. As a result of the Company's historical losses and projected cash needs, substantial doubt exists about the Company's ability to continue as a going concern. The Company's ability to continue as a going concern is contingent upon successful execution of management's plan over the next twelve months to improve the Company's liquidity and profitability, which includes, without limitation: * Increasing revenue by increasing occupancy in the facilities and increasing Medicaid reimbursement rates; * Sale of certain facilities; * Controlling operating expenses; and * Seeking additional capital through the issuance of debt or equity securities, or the sale of assets. The focus on opportunities within the Company's current portfolio and future properties to acquire and operate, the settlement, refinance, and continued service of debt obligations, the potential funds generated from stock sales and other initiatives contributing to additional working capital should alleviate any substantial doubt about the Company's ability to continue as a going concern. However, the Company cannot predict, with certainty, the outcome of these actions to generate liquidity and the failure to do so could negatively impact the Company's future operations. The Company's long-term ability to continue as a going concern is dependent upon our ability to increase revenue, reduce costs, achieve a satisfactory level of profitable operations, and obtain additional sources of suitable and adequate financing. The ability to continue as a going concern is also dependent its ability to further develop and execute on its business plan (including possible asset sales). The Company may also have to reduce certain overhead costs through the reduction of salaries and other means and settle liabilities through negotiation. There can be no assurance that management's attempts at any or all of these endeavors will be successful. A full text copy of the Company's Form 10-Q is available at https://tinyurl.com/3erhdpxz About Selectis Health Headquartered in Greenwood Village, Colo., Selectis Health, Inc. owns and operates, through wholly-owned subsidiaries, Assisted Living Facilities, Independent Living Facilities, and Skilled Nursing Facilities across the South and Southeastern portions of the US. In 2019, the Company shifted from leasing long-term care facilities to third-party, independent operators towards an owner operator model. New York, NY-based WithumSmith+Brown, PC, the Company's auditor since 2024, issued a "going concern" qualification in its report dated April 15, 2026, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2025, citing that the Company has a significant working capital deficiency, has incurred significant losses from operations, has accumulated deficits and needs to raise additional funds to meet its obligations and sustain its operations. These conditions raise substantial doubt about the Company's ability to continue as a going concern. As of March 31, 2026, the Company had $30 million in total assets, $29.8 million in total liabilities, and $258,344 in total stockholders' equity. SMART COUNSELING: Gets Interim OK to Use Cash Collateral -------------------------------------------------------- Smart Counseling and Mental Health Center Licensed Professional Clinical Counselor, Inc. got the green light from the U.S. Bankruptcy Court for the Central District of California, Riverside Division, to use cash collateral. At the recently held hearing, the court authorized the Debtor's interim use of cash collateral and set a further hearing for June 25. The Debtor intends to use its cash collateral to pay ongoing business expenses, including payroll, rent, utilities, and supplies. Its 13-week budget projects positive cash flow throughout the bankruptcy case. CDC Small Business Finance Corporation is the Debtor's primary secured creditor. CDC, whose loan is backed by a Small Business Administration guarantee, holds a perfected blanket lien on the Debtor's assets and is owed $233,320. The Debtor offers continuing monthly payments of about $3,333 to CDC and granting replacement liens on post-petition accounts receivable as adequate protection. Smart provides outpatient therapy services to individuals, couples, and families, with a focus on the veteran community. Founded in 2019 by Lean Smart as a solo therapy practice, the business expanded significantly, eventually generating approximately $130,000 in monthly revenue. The Debtor's financial difficulties arose after delays in payments from its primary customer, the Veterans Administration, during the federal government shutdown in late 2025 and 2026. Because of the delayed reimbursements, the Debtor experienced severe cash flow shortages and relied on high-interest merchant cash advance loans to cover operating expenses. The weekly automatic withdrawals required by those lenders allegedly made it impossible for the Debtor to maintain payroll, pay vendors, and continue ordinary operations. The bankruptcy filing was intended to stop the financial pressure caused by the MCA loans while allowing the business to reorganize and preserve its operations. About Smart Counseling and Mental Health Center Smart Counseling and Mental Health Center Licensed Professional Clinical Counselor, Inc provides outpatient therapy services to individuals, couples, and families, with a focus on the veteran community. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Calif. Case No. 26-13810) on May 13, 2026. In the petition signed by Lean Smart, chief executive officer, the Debtor disclosed up to $50,000 in assets and up to $1 million in liabilities. Judge Scott H. Yun oversees the case. Larry D. Simons, Esq., at Janus Law, represents the Debtor as bankruptcy counsel. SPINNAKER JUPITER: Case Summary & 18 Unsecured Creditors -------------------------------------------------------- Debtor: Spinnaker Jupiter, Inc. DBA Minuteman Press 1251 Jupiter Park Drive #11 Jupiter, FL 33458 Business Description: Spinnaker Jupiter Inc., doing business as Minuteman Press, operates a Minuteman Press International franchise that provides printing, copying, graphic design, signs, banners, promotional products, and related marketing services. The company serves businesses, organizations, and individual customers. Chapter 11 Petition Date: May 28, 2026 Court: United States Bankruptcy Court Southern District of Florida Case No.: 26-17032 Judge: Hon. Mindy A Mora Debtor's Counsel: Craig I. Kelley, Esq. KELLEY KAPLAN DELANEY & ELLER, PLLC 1665 Palm Beach Lakes Blvd The Forum - Suite 1000 West Palm Beach, FL 33401 Tel: 561-491-1200 Email: craig@kelleylawoffice.com Spinnaker Jupiter, Inc.'s Total Assets: $312,884 Spinnaker Jupiter, Inc. Total Liabilities: $2,047,477 The petition was signed by Steven Brunk as president. A full-text copy of the petition, which includes a list of the Debtor's 18 unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/ROH7MXY/Spinnaker_Jupiter_Inc__flsbke-26-17032__0001.0.pdf?mcid=tGE4TAMA SPINNAKER PSL: Case Summary & 20 Largest Unsecured Creditors ------------------------------------------------------------ Debtor: Spinnaker PSL, Inc. d/b/a Minuteman Press Minuteman Press PSL 983 12th Street Port Saint Lucie, FL 34952 Business Description: Spinnaker PSL, Inc., doing business as Minuteman Press, runs a Minuteman Press International franchise that offers printing, copying, graphic design, signage, banners, promotional products and related marketing services for businesses, organizations and individual customers. Chapter 11 Petition Date: May 28, 2026 Court: United States Bankruptcy Court Southern District of Florida Case No.: 26-17031 Judge: Hon. Mindy A Mora Debtor's Counsel: Craig I. Kelley, Esq. KELLEY KAPLAN DELANEY & ELLER, PLLC 1665 Palm Beach Lakes Blvd The Forum - Suite 1000 West Palm Beach, FL 33401 Tel: 561-491-1200 E-mail: craig@kelleylawoffice.com Total Assets: $145,489 Total Liabilities: $2,663,136 The petition was signed by Steven Brunk 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/Q7LVN5I/Spinnaker_PSL_Inc__flsbke-26-17031__0001.0.pdf?mcid=tGE4TAMA SPINNAKER VERO: Case Summary & 20 Largest Unsecured Creditors ------------------------------------------------------------- Debtor: Spinnaker Vero, Inc. d/b/a Minuteman Press d/b/a Spinnaker Vero 983 12th Street Vero Beach, FL 32960 Business Description: Spinnaker Vero, Inc., doing business as Minuteman Press, operates a Vero Beach, Florida-based Minuteman Press International franchise that provides printing, copying, graphic design, signs, banners, promotional products and related marketing services to businesses, organizations and individual customers. Chapter 11 Petition Date: May 28, 2026 Court: United States Bankruptcy Court Southern District of Florida Case No.: 26-17019 Debtor's Counsel: Dana Kaplan, Esq. KELLEY KAPLAN DELANEY & ELLER, PLLC 1665 Palm Beach Lakes Blvd The Forum - Suite 1000 West Palm Beach, FL 33401 Tel: 561-491-1200 Email: dana@kelleylawoffice.com Spinnaker Vero, Inc.'s Total Assets: $377,280 Spinnaker Vero, Inc.'s Total Liabilities: $5,392,972 Steven Brunk signed the petition in his capacity 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/CVNJ7XQ/Spinnaker_Vero_Inc__flsbke-26-17019__0001.0.pdf?mcid=tGE4TAMA SPIRIT AIRLINES: Aims to Keep Execs with Bonuses During Wind-Down ----------------------------------------------------------------- Ben Zigterman of Law360 Bankruptcy Authority reports that Spirit Airlines is seeking bankruptcy court approval in New York for an incentive package designed to keep key executives in place, including its chief executive officer, general counsel, and vice president of special projects. The airline said the program is necessary to retain leadership during its ongoing Chapter 11 process. The debtor argues that the executives play a central role in implementing its restructuring strategy, including operational restructuring and creditor negotiations. The incentive plan is intended to prevent disruption that could arise from the departure of senior management during the bankruptcy case. The request is now before the court for review, with Spirit’s retention proposal expected to be evaluated alongside its broader efforts to stabilize operations and improve liquidity, the report states. About Spirit Aviation Holdings Inc. Spirit Aviation Holdings, Inc. and its subsidiaries operate Spirit Airlines, a U.S.-based low-cost carrier providing air transportation services across the United States, Latin America, and the Caribbean. They employ approximately 25,000 direct employees and independent contractors. Spirit Aviation Holdings and its subsidiaries sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. N.Y. Lead Case No. 25-11897) on August 29, 2025. In the petition signed by Frederick Cromer, authorized signatory, Spirit Aviation Holdings disclosed $8,576,287,000 in assets and $8,096,842,000 in liabilities as of June 30, 2025. Judge Sean H. Lane oversees the cases. The Debtors tapped Davis Polk & Wardwell, LLP as bankruptcy counsel; PJT Partners LP as investment banker; FTI Consulting, Inc. as restructuring, fleet and communications advisor; Debevoise & Plimpton, LLP as fleet counsel; Morris, Nichols, Arsht & Tunnell, LLP as conflicts counsel, and Ernst & Young, LLP as its audit and tax services provider. Epiq Corporate Restructuring, LLC is the claims, noticing, solicitation and administrative agent. The U.S. Trustee for Region 2 appointed an official committee to represent unsecured creditors in the Debtors' Chapter 11 cases. The committee tapped Willkie Farr & Gallagher, LLP as legal counsel; Alton Aviation Consultancy, LLC as specialized aviation advisor; Jefferies. LLC as investment banker; and AlixPartners, LLP as financial advisor. STANDARD FREIGHT: Cash Collateral Hearing Set for June 23 --------------------------------------------------------- The U.S. Bankruptcy Court for the Middle District of Florida, Jacksonville Division is set to hold a hearing on June 23 to consider extending Standard Freight Logistics, Inc.'s authority to use cash collateral. The Debtor is currently authorized to use cash collateral pursuant to the court's April 29 second interim order. This authorization remains in effect until further order of the court. Under the second interim order, the Debtor is allowed to pay its expenses with cash collateral in accordance with its budget. As adequate protection, the order granted JW Capital Source, LLC and other secured creditors replacement lien on post-petition cash collateral, with the same priority and validity as their pre-petition liens. Additional safeguards include insurance and access to business records and premises. A copy of the second interim order and the Debtor's budget is available at https://tinyurl.com/ymphfmrx from PacerMonitor.com. Prior to its bankruptcy filing, Standard Freight Logistics executed a Promissory Note, Chattel Mortgage, and Security Agreement in favor of JW Capital Source, pledging post-petition accounts receivable, chattel paper, contracts, documents, cash, and bank accounts as collateral. The lender filed its initial lien on January 21 and the loan is currently delinquent. The pledged receivables -- estimated at approximately $195,000 based on an aging report of accounts less than 90 days old -- constitute property of the bankruptcy estate under 11 U.S.C. section 541(a)(1) and (6). About Standard Freight Logistics Inc. Standard Freight Logistics, Inc. filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-00730) on February 23, 2026, with up to $500,000 in assets and up to $1 million in liabilities. Manuel Rivera, president, signed the petition. Judge Jacob A. Brown oversees the case. The Debtor tapped Bryan K. Mickler, Esq., at Law Offices of Mickler & Mickler, LLP, as legal counsel and Ramon-Shane Johnson of Tax Workout Group as accountant. Aaron Cohen, Esq., a practicing attorney in Jacksonville, Fla., serves as Subchapter V trustee for the Debtor. SWAHILI VILLAGE: Hires Tydings & Rosenberg LLP as Attorneys ----------------------------------------------------------- Swahili Village Bar and Restaurant Boma, LLC seeks approval from the U.S. Bankruptcy Court for the District of Columbia to employ Tydings & Rosenberg LLP as Attorneys. The firm's services include: a. providing the Debtor legal advice with respect to its powers and duties as a debtor-in-possession and in the operation of its business; b. representing the Debtor in defense of any proceedings instituted to obtain relief from the automatic stay under Section 362(a) of the Bankruptcy Code; c. preparing any necessary applications, answers, orders, operating reports and other legal papers, and appearing on the Debtor's behalf in proceedings instituted by or against the Debtor; d. assisting the Debtor with any sale of its assets under Section 363 of the Bankruptcy Code; e. assisting the Debtor in the preparation of schedules, statement of financial affairs, and any amendments thereto which the Debtor may be required to file in this case; f. assisting the Debtor in the preparation of a plan; g. prosecuting affirmative claims on behalf of the Debtor seeking the recovery of any assets; h. assisting the Debtor with other legal matters, including, among others, securities, corporate, real estate, tax, intellectual property, employee relations, general litigation, and bankruptcy legal work; and i. performing all of the legal services for the Debtor which may be necessary or desirable in this bankruptcy case. The firm will be paid at these rates: Counsel and Partners $500 to $700 per hour Associates $300 to $400 per hour legal assistant $175 per hour Joseph M. Selba $500 per hour The firm received a retainer in the amount of $16,738. From the $16,738 retainer, the Debtor paid prepetition fees in the amount of $4,262, plus the filing fee for this case in the amount of $1,738. The firm is presently holding a retainer in the total amount of $10,738. In addition, the firm will seek reimbursement for its out-of-pocket expenses. Joseph M. Selba, 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: Joseph M. Selba, Esq. Tydings & Rosenberg LLP One East Pratt Street, Suite 901 Baltimore, Maryland 21202 Telephone: (410) 752-9753 Email: jselba@tydings.com About Swahili Village Bar and Restaurant Boma Swahili Village Bar and Restaurant operates a Beltsville, Maryland, restaurant specializing in Swahili and East African food, with menu offerings that include dishes such as red beans maharagwe and goat-based items. Swahili Village Bar and Restaurant Boma, LLC, filed a Chapter 11 bankruptcy petition (Bankr. D.C Case No. 26-00247-ELG) on May 12, 2026. In its petition, the Debtor reported total assets amounting to $170,906 and total liabilities of $5,954,361. The petition was signed by Kevin Onyona as managing member. The Debtor hires Joseph M. Selba, Esq. as counsel. TOWN PHARMACY: Voluntary Chapter 11 Case Summary ------------------------------------------------ Debtor: Town Pharmacy and Gifts LLC 620 Blue Meadow Road Bay Saint Louis, MS 39520 Business Description: Town Pharmacy and Gifts LLC, also known as Midtown Pharmacy & Gifts, is a retail pharmacy and gift store located in Bay Saint Louis, Mississippi. The company provides pharmacy services including prescriptions, refills, transfers, over-the-counter products, blister-pack medication, delivery, and drive-up service. It also sells home decor and gifts, offers bridal and baby shower registries, provides gift cards, and supports online and in-store shopping. Chapter 11 Petition Date: May 27, 2026 Court: United States Bankruptcy Court Southern District of Mississippi Case No.: 26-50879 Judge: Hon. Katharine M Samson Debtor's Counsel: Robert Alan Byrd, Esq. BYRD & WISER 145 Main St. Biloxi MS 39530 Tel: (228) 432-8123 Email: rab@byrd-wiser.com Estimated Assets: $100,000 to $500,000 Estimated Liabilities: $1 million to $10 million The petition was signed by Thomas J. Turfitt III as managing member. 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/TQNKSRY/Town_Pharmacy_and_Gifts_LLC__mssbke-26-50879__0001.0.pdf?mcid=tGE4TAMA TPD DESIGN: Court OKs Creative Business Sale to Oslo Blue --------------------------------------------------------- The U.S. Bankruptcy Court for the Eastern District of Pennsylvania has permitted TPD Design House, LLC to sell substantially all Assets, free and clear of liens, claims, interests, and encumbrances. The Debtor is a creative agency specializing in brand identities, website design and development, event design and production, experiential activations, and bespoke stationery and packaging, serving clients both domestically and internationally. Much of its work is performed inhouse and encompasses a broad range of services, including gifting experiences and installations, event branding and production, environmental and stage design, and the creation of digital assets such as websites, email graphics, social media content, and digital agendas, among others. Pursuant to a certain Lease Agreement dated May 5, 2021 with West Wayne Avenue Ventures, LLC, as landlord, the Debtor leases the entire building located at 108 West Wayne Avenue, Wayne, PA 19087, which consists of approximately 9,800 rentable square feet. The Court has authorized the Debtor to sell Assets to Oslo Blue, LLC. The purchase price is comprised of payment of $700,000; payment of an additional $50,000 if closing does not occur by May 15, 2026; payment of an additional $50,000 if closing does not occur by June 15, 2026; and an amount up to $315,000 to the extent that the Debtor has or will collect its accounts receivables that existed as of the Petition Date. The Purchaser shall be responsible for all obligations incurred by the Debtor after the Petition Date in the ordinary course of the Debtor conducting business operations. The Debtor is authorized to assume the executory contracts and leases to the Asset Purchase Agreement and assign same to the Purchaser. About TPD Design House, LLC TPD Design House, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Penn. Case No. 26-11073) with $1,000,001 to $10 million in assets and $10,000,001 to $50 million in laibilities. The petition was signed by Vanessa Kreckel as managing member. Judge Hon. Derek J Baker oversees the case. The Debtor is represented by DAVID B. SMITH at Smith Kane Holman, LLC. TPI COMPOSITES: Plan Exclusivity Period Extended to July 17 ----------------------------------------------------------- Judge Christopher Lopez of the U.S. Bankruptcy Court for the Southern District of Texas extended TPI Composites, Inc., and affiliates' exclusive periods to file a plan of reorganization and obtain acceptance thereof to July 17 and Sept. 17, 2026, respectively. As shared by Troubled Company Reporter, the Debtors explain that ample cause exists to grant their requested extension of the Exclusive Periods. * First, the scale and complexity of the Debtors' business and industry, which require the Debtors to navigate complex issues during these chapter 11 cases, support the need for the extension of the Exclusive Periods. Likewise, the scale and complexity of the Vestas and ECP sale transactions, which required the Debtors to negotiate three separate sale transactions on a parallel timeline after multiple extensions of certain sale-related deadlines to provide parties in interest with more time to diligence the Debtors' assets and business, support the need for a further extension of the Exclusive Periods. * Second, the Debtors require additional time to confirm and implement the TPI MX V & VI Plan and negotiate, file, confirm, and implement the RemainCo Plan. The Debtors have spent the last several months negotiating with Oaktree, Vestas, ECP, GE Vernova, and the Creditors' Committee regarding the sale transactions and preparing the necessary documentation to consummate the sale transactions, including the sale to be effectuated through the TPI MX V & VI Plan. * Third, the Debtors have demonstrated good-faith progress in these chapter 11 cases. In the fewer than eight months since the Petition Date, the Debtors have expended significant efforts and have made progress to (i) continue operating their business while administering these chapter 11 cases, (ii) negotiate with key constituencies, including Oaktree, Vestas, GE Vernova, and the Creditors' Committee regarding these cases, (iii) enhance their liquidity through various arrangements with GE Vernova and Vestas, and (iv) implement a value-maximizing transaction through sales of substantially all of the Debtors' assets for the benefit of all stakeholders. * Fourth, the Debtors remain engaged and are in regular contact with key parties in interest, including Oaktree, Vestas, GE Vernova, and the Creditors' Committee. The Debtors have engaged with these stakeholder groups regarding a variety of issues in these chapter 11 cases, including (i) developments in the Debtors' operations, (ii) the Debtors' chapter 11 goals, (iii) the Debtors' marketing and sale process, (iv) the sale transactions, and (v) the Consent Term Sheet. The Debtors are not seeking an extension of the Exclusive Periods as a tactic. The Debtors' Counsel: Gabriel A. Morgan, Esq. Clifford W. Carlson, Esq. WEIL, GOTSHAL & MANGES LLP 700 Louisiana Street, Suite 3700 Houston, Texas 77002 Tel: (713) 546-5000 Fax: (713) 224-9511 Email: gabriel.morgan@weil.com Clifford.Carlson@weil.com - and - Matthew S. Barr, Esq. Lauren Tauro, Esq. Ryan C. Rolston, Esq. WEIL, GOTSHAL & MANGES LLP 767 Fifth Avenue New York, New York 10153 Tel: (212) 310-8000 Fax: (212) 310-8007 Email: matt.barr@weil.com Lauren.Tauro@weil.com Ryan.Rolston@weil.com About TPI Composites TPI Composites -- https://tpicomposites.com/ -- is a leading wind-blade manufacturer and the only independent wind blade manufacturer with a global footprint. On Aug. 11, 2025, TPI Composites, Inc. and several subsidiaries sought Chapter 11 protection (Bankr. S.D. Tex. Lead Case No. 25-34655). TPI disclosed $591,709,000 in total assets against $1,077,146,000 in total debt as of June 30, 2025. Bankruptcy Judge Christopher M. Lopez handles the case. Weil, Gotshal & Manges LLP is serving as legal counsel, Jefferies LLC. is serving as financial advisor, and Alvarez & Marsal North America, LLC is serving as restructuring advisor to TPI. Kroll is the claims agent. Sullivan & Cromwell LLP and Moelis & Company are serving as advisors to senior secured lenders. Bracewell, LLP, is advising Oaktree Capital Management L.P., as DIP agent. The official committee of unsecured creditors retained Lowenstein Sandler LLP as counsel, Munsch Hardt Kopf & Harr, P.C. as co-counsel, and Berkeley Research Group, LLC as its financial advisor. TRIMONT ENERGY GIB: Gets Extension to Access Cash Collateral ------------------------------------------------------------ Trimont Energy (GIB), LLC received 26th interim approval from the U.S. Bankruptcy Court for the Eastern District of Louisiana to continue to use cash collateral. The court's 26th interim order approved the use of cash collateral for the period from Oct. 25, 2023, through the date which is five business days following a declaration to terminate, reduce or restrict the ability to use cash collateral by the Debtor. Certain entities may possess oil and gas liens under the Louisiana Oil Well Lien Act (LOWLA) on oil and gas assets owned by the Debtor. As protection against any diminution in value of their interests in the pre-bankruptcy collateral, the LOWLA lienholders will be granted valid and perfected security interests in, and liens on, the Debtor's assets. These liens do not apply to any Chapter 5 causes of action and the proceeds, thereof. To the extent the liens granted prove to be inadequate, the LOWLA lienholders will receive superpriority administrative expense claims, subject to a fee carveout. The termination events under the 26th interim order include the filing by the Debtor of documents pertaining to a debtor-in-possession financing that adversely effects the LOWLA lienholders' liens; a default by the Debtor in reporting financial information; dismissal or conversion of the Debtor's Chapter 11 case; the appointment of a Chapter 11 trustee or examiner with enlarged powers; or other responsible person; and the failure by the Debtor to perform its obligations under the 21st interim order. The next hearing is set for June 24. The 26th interim order is available at https://shorturl.at/vW0Ll from PacerMonitor.com. About Trimont Energy (GIB) Trimont Energy (GIB), LLC is a Houston-based company, which operates in the oil and gas extraction industry. The Debtor filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. E.D. La. Case No. 23-11869) on Oct. 25, 2023, with $1 million to $10 million in both assets and liabilities. Christopher O. Ryals, chief restructuring officer, signed the petition. Judge Meredith S. Grabill oversees the case. Douglas S. Draper, Esq., at Heller, Draper & Horn, LLC represents the Debtor as legal counsel. TRIMONT ENERGY LIMITED: Gets Extension to Access Cash Collateral ---------------------------------------------------------------- Trimont Energy Limited, Inc. received 26th interim approval from the U.S. Bankruptcy Court for the Eastern District of Louisiana to use cash collateral. The court's 26th interim order approved the use of cash collateral for the period from Oct. 25, 2023, through the date which is five business days following a declaration to terminate, reduce or restrict the ability to use cash collateral by the Debtor. Certain entities may possess oil and gas liens under the Louisiana Oil Well Lien Act (LOWLA) on oil and gas assets owned by the Debtor. As adequate protection against any diminution in value of their interests in the pre-bankruptcy collateral, the LOWLA lienholders will be granted valid and perfected security interests in, and liens on, the Debtor's assets. These liens do not apply to any Chapter 5 causes of action and the proceeds, thereof. To the extent the liens granted prove to be inadequate, the LOWLA lienholders will receive superpriority administrative expense claims, subject to a carveout. The termination events under the 26th interim order include the filing by the Debtor of documents pertaining to a debtor-in-possession financing that adversely effects the LOWLA lienholders' liens; a default by the Debtor in reporting financial information; dismissal or conversion of the Debtor's Chapter 11 case; the appointment of a Chapter 11 trustee or examiner with enlarged powers; or other responsible person; and the failure by the Debtor to perform its obligations under the 21th interim order. The next hearing is set for June 24. The 26th interim order is available at https://tinyurl.com/eb39ndm6 from PacerMonitor.com. About Trimont Energy Limited Inc. Trimont Energy Limited, Inc., a company in Houston, Texas, filed its voluntary petition for Chapter 11 protection (Bankr. E.D. La. Case No. 23-11872) on October 25, 2023, listing between $1 million and $50 million in both assets and liabilities. Christopher O. Ryals, chief restructuring officer, signed the petition. Judge Meredith S. Grabill oversees the case. The Debtor is represented by: Douglas S. Draper, Esq. Heller, Draper & Horn L.L.C. Tel: 504-299-3300 Email: ddraper@hellerdraper.com TRIMONT ENERGY NOW: Gets Extension to Access Cash Collateral ------------------------------------------------------------ Trimont Energy (NOW), LLC received another extension from the U.S. Bankruptcy Court for the Eastern District of Louisiana to use cash collateral. The court's 26th interim order approved the use of cash collateral for the period from Oct. 25, 2023, through the date which is five business days following a declaration to terminate, reduce or restrict the ability to use cash collateral by the Debtor. Certain entities may possess oil and gas liens under the Louisiana Oil Well Lien Act (LOWLA) on oil and gas assets owned by the Debtor. As protection against any diminution in value of their interests in the pre-bankruptcy collateral, the LOWLA lienholders will be granted valid and perfected security interests in, and liens on, the Debtor's assets. These liens do not apply to any Chapter 5 causes of action and the proceeds, thereof. To the extent the liens granted prove to be inadequate, the LOWLA lienholders will receive allowed superpriority administrative expense claims, subject to a fee carveout. The termination events under the 26th interim order include the filing by the Debtor of documents pertaining to a debtor-in-possession financing that adversely effects the LOWLA lienholders' liens; a default by the Debtor in reporting financial information; dismissal or conversion of the Debtor's Chapter 11 case; the appointment of a Chapter 11 trustee or examiner with enlarged powers; or other responsible person; and the failure by the Debtor to perform its obligations under the 21th interim order. The next hearing is set for June 24. The 26th interim order is available at https://tinyurl.com/2hm29rs9 from PacerMonitor.com. About Trimont Energy (Now) Trimont Energy (NOW) LLC, a company in Houston, Texas, filed its voluntary petition for Chapter 11 protection (Bankr. E.D. La. Case No. 23-11868) on October 25, 2023, listing $1 million to $10 million in both assets and liabilities. Christopher O. Ryals, chief restructuring officer, signed the petition. Judge Meredith S. Grabill oversees the case. The Debtor tapped Heller, Draper, & Horn, LLC as legal counsel; Chaffe & Associates, Inc. as financial advisor; and Christopher O. Ryals of RCO Capital, LLC as chief operating officer. TRIPLE CROWN: Unsecureds Will Get 31.70% of Claims in Plan ---------------------------------------------------------- Triple Crown Golf Cars, Inc., filed with the U.S. Bankruptcy Court for the Eastern District of Kentucky a Small Business Plan of Reorganization under Subchapter V dated May 20, 2026. Since 1991, the Debtor has been in operation in the Jessamin County area. The Debtor specializes in golf cart sales, service, rentals, as well as the sale of new and used parts, and repairs. The Debtor had fallen behind on several debts, and a judgment lien creditor filed suit against the Debtor, seeking to foreclose on the Debtor's property. The Debtor's Plan herein seeks to pay necessary creditors, including the judgment lien creditor, while allowing the Debtor to continue to operate the business. The Debtor's financial projections show that the Debtor will have projected disposable income of $186,000. The final Plan payment is expected to be paid no later than July 1, 2031. This Plan contemplates that the Debtor will continue to operate its business in Jessamine County, Kentucky. The Debtor anticipates that the proceeds from operations will be sufficient to pay the required administrative, priority, secured, and general unsecured claims as set forth herein. Class 4 consists of Allowed Unsecured Claims. Allowed Unsecured Claims include any unknown, contingent, disputed or unliquidated Claims that are Allowed pursuant to the provisions of the Plan. Allowed Unsecured Claims include any deficiency claims from surrendered collateral, general unsecured portions of Priority Tax Claims, and any unsecured portions of impaired secured claims. The Class 7 claims are impaired. Based upon the current anticipated Class 4 claims, the Debtor anticipates a distribution of approximately 31.70% to the Class 4 claimants. The Debtor will begin quarterly distributions to the Class 4 Claims in June of 2029. The Debtor will continue to operate as described in the introduction/historical section supra, subject to the continuing jurisdiction and supervision of this Court until such time as the case is completed. At the Confirmation Date, all Assets of the Debtor and its Estate, including all Avoidance Actions and Causes of Action (if any), will revest in and remain with the Debtor, free and clear of all liens, claims, interests, and encumbrances, except for those liens specifically provided for in the Plan. Should the Debtor determine, postconfirmation, that they need to liquidate any assets having a value of greater than $5,000.00, which is subject to a lien, then it will seek the consent of any Creditor holding a lien upon the asset. A full-text copy of the Plan of Reorganization dated May 20, 2026 is available at https://urlcurt.com/u?l=qHVCbS from PacerMonitor.com at no charge. Counsel for the Debtor: Noah R. Friend, Esq. Noah R. Friend Law Firm, PLLC P.O. Box 310 London, KY 40741 606-369-7030 [Phone] 502-716-6158 [Fax] Email: noah@friendlawfirm.com About Triple Crown Golf Cars Inc. Triple Crown Golf Cars, Inc., is a Kentucky-based company specializing in the sale, service, and leasing of golf carts and related equipment. Triple Crown Golf Cars, Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-50259) on Feb. 19, 2026. In its petition, the Debtor estimated assets of up to $100,000 and estimated liabilities of $100,001 to $1,000,000. Bankruptcy Judge Douglas L. Lutz handles the case. The Debtor is represented by Noah R. Friend, of Noah R. Friend Law Firm, PLLC. TRM NRE: Seeks to Hire Bayard P.A. as Co-Counsel ------------------------------------------------ TRM NRE Holding LLC and its affiliates seek approval from the U.S. Bankruptcy Court for the District of Delaware to employ Bayard, P.A. as co-counsel. The firm's services include: a. providing legal advice to the Debtors with respect to legal disputes in which there may be a potential for conflicts of interest prevent representation by DLA; and b. negotiating, drafting, and pursuing all litigation and documentation necessary in conjunction with such legal disputes. The firm will be paid at these hourly rates: Daniel N. Brogan $795 Steven D. Adler $625 Ashly Riches $475 Rebecca Hudson (paralegal) $385 Attorneys $450 to $1,875 Paraprofessionals $275 to $385 Daniel Brogan, Esq. assures the Court that Bayard is a "disinterested person" as that term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Daniel N. Brogan, Esq. Bayard, P.A. 222 Delaware Avenue, Suite 900 Wilmington, DE 19801 Tel: (302) 429-4224 Fax: (302) 658-6395 E-mail: ejohnson@bayardlaw.com About TRM NRE TRM NRE is a Mt. Vernon, Illinois-based Debtor that supplies new, used, and remanufactured locomotives and provides locomotive, diesel engine, rail, marine, and power-related services. The Debtor offers leasing, field services, parts, salvage operations, overhauls, wreck repairs, and locomotive design, manufacturing, and re-engineering. It also provides marine and industrial diesel engine sales and service, automation and control services, and engine generator set and equipment sales. TRM NRE serves Class 1, regional, short line, government, and industrial railroads, along with OEMs, leasing companies, marine and industrial power customers, gas and oil platforms, and stationary power users. TRM NRE Holding LLC and TRM NRE Acquisition LLC filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Del., Case No 26-10568) on April 21, 2026. The petitions were signed by Shaun Karn as authorized signatory. Each Debtor reported estimated assets of $10 million to $50 million and estimated liabilities of $10 million to $50 million. The Hon. Karen B. Owens presides over the cases. The Debtors are represented by DLA Piper LLP. Bayard, P.A. serves as bankruptcy co-counsel to the Debtors. Stretto, Inc. is the Debtors' claims and noticing agent. TRM NRE: Seeks to Hire Stretto Inc. as Administrative Advisor ------------------------------------------------------------- TRM NRE Holding LLC and its affiliates seek approval from the U.S. Bankruptcy Court for the District of Delaware to employ Stretto, Inc. as administrative advisor. The firm's services include: (a) assist with, among other things, solicitation, balloting, and tabulation of votes; and prepare any related reports, as required in support of confirmation of a Chapter 11 plan; (b) prepare an official ballot certification and, if necessary, testify in support of the ballot tabulation results; (c) assist with the preparation of the Debtor's schedules of assets and liabilities and statements of financial affairs and gather data in conjunction therewith; (d) manage and coordinate any distributions pursuant to a Chapter 11 plan if designated as distribution agent under such plan; and (e) provide such other solicitation, balloting and other administrative services as may be requested from time to time by the Debtor, the Bankruptcy Court or the Office of the Clerk of the Bankruptcy Court. The firm will be paid an advance fee in the amount of $25,000. Sheryl Betance, a senior managing director at Stretto, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Sheryl Betance Stretto, Inc. 410 Exchange, Suite 100 Irvine, CA 92602 About TRM NRE TRM NRE is a Mt. Vernon, Illinois-based Debtor that supplies new, used, and remanufactured locomotives and provides locomotive, diesel engine, rail, marine, and power-related services. The Debtor offers leasing, field services, parts, salvage operations, overhauls, wreck repairs, and locomotive design, manufacturing, and re-engineering. It also provides marine and industrial diesel engine sales and service, automation and control services, and engine generator set and equipment sales. TRM NRE serves Class 1, regional, short line, government, and industrial railroads, along with OEMs, leasing companies, marine and industrial power customers, gas and oil platforms, and stationary power users. TRM NRE Holding LLC and TRM NRE Acquisition LLC filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Del., Case No 26-10568) on April 21, 2026. The petitions were signed by Shaun Karn as authorized signatory. Each Debtor reported estimated assets of $10 million to $50 million and estimated liabilities of $10 million to $50 million. The Hon. Karen B. Owens presides over the cases. The Debtors are represented by DLA Piper LLP. Bayard, P.A. serves as bankruptcy co-counsel to the Debtors. Stretto, Inc. is the Debtors' claims and noticing agent. TRUTANKLESS INC: Loss Narrows to $4.8M in FY25; Going Concern Stays ------------------------------------------------------------------- Trutankless, Inc. has filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, which included a stark warning from the company's auditor: Houston, Texas-based Victor Mokuolu, CPA PLLC, auditor since 2024, issued a "going concern" qualification in its report dated May 21, 2026, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2025, citing that the Company had an accumulated deficit of $81,852,679 and $77,101,969, at December 31, 2025 and 2024, respectively, and a working capital deficit of $10,612,370 and $5,931,423, at December 31, 2025 and 2024, respectively. These factors raise substantial doubt about the Company's ability to continue as a going concern. The Company's ability to continue as a going concern is dependent on the Company's ability to generate revenues and raise capital. The Company has not generated sufficient revenues from product sales to provide sufficient cash flows to enable the Company to finance its operations internally. In the year ended December 31, 2025, the Company generated $1,082,887 in revenues, as compared to $242,350 in revenues in the prior year. As of December 31, 2025 and 2024, the Company had $21,619 and $1,004,190 cash on hand, respectively. At December 31, 2025 and 2024, the Company has an accumulated deficit of $81,852,679 and $77,101,969, respectively. For the years ended December 31, 2025 and 2024, the Company had a net loss of $4,750,710 and $10,186,102, and cash used in operations of $1,483,173 and $2,315,411, respectively. Over the next 12 months management plans to raise additional capital and to invest its working capital resources in sales and marketing in order to increase the distribution and demand for its products. However, there is no guarantee the Company will generate sufficient revenues or raise capital to continue operations. If the Company fails to generate sufficient revenue and obtain additional capital to continue at its expected level of operations, the Company may be forced to scale back or discontinue its sales and marketing efforts. A full text copy of the Company's Form 10-K is available at https://tinyurl.com/56yauprn About Trutankless, Inc. Trutankless, Inc. is involved in sales, marketing, research and development of a high quality, whole-house, smart electric tankless water heater that is more energy efficient than conventional products. Management anticipates the Company's trutankless water heater, with Wi-Fi capability and Trutankless' proprietary apps offered in the iOS and Android store, will augment existing products in the home automation space. As of December 31, 2025, the Company had $3,112,234 in total assets, $13,074,248 in total liabilities, and $9,962,014 in total stockholders' deficit. TURK INDUSTRIES: Tamara Miles Ogier Named Subchapter V Trustee -------------------------------------------------------------- The Acting U.S. Trustee for Region 21 appointed Tamara Miles Ogier, Esq., at Ogier, Rothschild & Rosenfeld, PC as Subchapter V trustee for Turk Industries, LLC. Ms. Ogier will be paid an hourly fee of $475 for her services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Ms. Ogier declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Tamara Miles Ogier, Esq. Ogier, Rothschild & Rosenfeld, PC P.O. Box 1547 Decatur, GA 30031 Phone: (404) 525-4000 About Turk Industries LLC Turk Industries, LLC, operates fast-food restaurant locations in Georgia, providing quick-service sandwiches and related food offerings. Turk Industries, LLC sought protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ga. Case No. 26-56701) on May 20, 2026. At the time of the filing, the Debtor had estimated assets of between $50,001 and $100,000 and liabilities of between $1 million and $10 million. Lowette Swinton, chief executive officer, signed the petition. Paul Reece Marr, Esq., at Paul Reece Marr, P.C. represents the Debtor as legal counsel. Tamara M. Ogier serves as the SubChapter V trustee. UBA BROCKTON: Court Extends Cash Collateral Access to July 30 ------------------------------------------------------------- UBA Brockton, LLC received fourth interim approval from the U.S. Bankruptcy Court for the District of Massachusetts to use cash collateral and provide adequate protection to its sole secured creditor, Everwise Credit Union. The court authorized the Debtor to use cash collateral through July 30 in accordance with its budget. As adequate protection, Everwise Credit Union will be granted a replacement lien on the Debtor's post-petition assets to compensate for any diminution in collateral value. This lien is deemed perfected automatically without further filings. The fourth interim order is available at https://tinyurl.com/2b2yuf3k from PacerMonitor.com. The next hearing will be held on July 30. As of the petition date, the Debtor's assets included $15,000 in cash, the Westgate facility in Brockton, Mass. (book value $5.2 million), the franchise agreement, and a lease with 435 Westgate, LLC. Its liabilities include a secured claim of $4,626,800 owed to Everwise, pre-petition vendor debts of $15,000, and potential reimbursement claims by the franchisors -- Urban Air Adventure Parks and Waterbury Urban Air, LLC -- for rent and equipment payments. About UBA Brockton LLC UBA Brockton, LLC, doing business as Urban Air Trampoline & Adventure Park, operates an indoor entertainment center at 435 Westgate Drive in Brockton, Massachusetts, featuring trampolines, climbing walls, obstacle and warrior courses, laser tag, and slides. The facility provides recreational and amusement services for families, parties, and group events, with ticketed access and membership options. It is part of the Urban Air Adventure Park franchise network offering active indoor attractions across the United States. UBA Brockton sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Mass. Case No. 25-12422) on November 7, 2025. In the petition signed by Thomas Ng, manager, the Debtor disclosed up to $10 million in both assets and liabilities. Judge Christopher J. Panos oversees the case. Rion M. Vaughan, Esq., at Rubin and Rudman, LLP, represents the Debtor as legal counsel. V820JACKSON LLC: Amends Strategic Unsecured Claims Pay Details -------------------------------------------------------------- V820Jackson, LLC submitted a Disclosure Statement describing Second Amended Plan of Reorganization dated May 20, 2026. Through this Plan, the Debtor proposes to pay its creditors on their respective allowed claims from a number of sources. Those sources include the following: (a) V820 has obtained subject to and conditioned on approval of the Bankruptcy Court pursuant to Section 364 of the Bankruptcy Code, "debtor in possession" financing sufficient in amount to satisfy all pre- and post petition arrearages under the terms of the Lease, to pay the Huntington Bank $2,100,000 to assign its claim to DCC Roaring Fork River, LLC pursuant to a written Loan Sale Agreement and to satisfy any outstanding administrative claims and Priority Claims against the Debtor ("DIP Loan"); (b) the revenues of the Debtor; and (c) an "end loan" through Dry Creek Capital Partners to pay off the DIP Loan and to pay for "tenant improvements" for prospective tenants of the Property, or existing tenants of the Property that will transition to larger space in the Property, either at different locations than currently leased or expanding current spaces with additional square footage ("End Loan"). The sole member of V820, AV Wheaton Town Square I, LLC, shall sell, transfer and assign all of the membership interests that it owns in the Debtor to a new business organization, unaffiliated with AV Wheaton Town Square I, LLC, Anthony P. Vaccaro and the AP Vaccaro Trust u/t/a 1-14-03 ("New Owner"). The New Owner or its affiliate(s) will be the obligor(s) on the DIP Loan and the End Loan and they will guaranty all payments under the terms of the Plan. Class IV Claims are represented by the claims of The Strategic Creditors. The claim of the Strategic Creditors will be paid from the revenues of the Debtor and from proceeds of the End Loan and the Debtor's revenues in an amount equal to eighty percent of each claimant's Allowed Claim on or before one year from the Effective Date. Class V Claims are represented by the claims of The Non-Strategic Creditors. The claim of the Non-Strategic Creditors will be paid from the revenues of the Debtor in an amount equal to fifteen percent of each claimant's Allowed Claim on or before 4 years from the Effective Date, in equal amounts in the second, third and fourth years from the Effective Date. The primary objective of the Plan is to settle, compromise or otherwise dispose of certain claims and interests on terms that the Debtor believes to be fair and responsible and in the best interests of its estate and creditors. The Debtor believes that the Plan it has proposed provides the best and most prompt possible recovery to the Debtor's claim holders. Under the Plan, claims against and interests in the Debtor are divided into different classes set forth in the Summary of Plan. The Plan contemplates the reorganization of the Debtor, the restructuring of its debts and the distribution of plan payments to holders of the various Allowed Claims. A full-text copy of the Disclosure Statement dated May 20, 2026 is available at https://urlcurt.com/u?l=wJaX0R 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 Tel: (312) 663-0004 Fax: (312) 663-1514 Email: ariel@weissberglaw.com About V820Jackson, LLC V820Jackson, LLC is classified as a single-asset real estate debtor under the definition set forth in Section 101(51B) of the U.S. Bankruptcy Code. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 25-07228) on May 12, 2025. In the petition signed by Andrew P. Vaccaro, manager, the Debtor disclosed up to $10 million in assets and up to $50 million in liabilities. Judge Michael B .Slade oversees the case. Ariel Weissberg, Esq., at Weissberg and Associates, Ltd., represents the Debtor as legal counsel. VERITONE INC: Signs $50M ATM Facility With UBS, 2 Others -------------------------------------------------------- Veritone, Inc. announced in a regulatory filing that it entered into a sales agreement with UBS Securities LLC, Needham & Company, LLC and Craig-Hallum Capital Group LLC, as sales agents, pursuant to which the Company may offer and sell from time to time, at its option, shares of the Company's common stock through the Sales Agents. The issuance and sale, if any, of shares of the Company's common stock under the Sales Agreement will be made pursuant to the Company's registration statement on Form S-3 (File No. 333-280148), which became effective on June 21, 2024 and the related prospectus supplement dated May 21, 2026, in each case filed with the U.S. Securities and Exchange Commission. In accordance with the terms of the Sales Agreement, under the Prospectus Supplement, the Company may offer and sell shares of its common stock having an aggregate offering price of up to $50.0 million from time to time through the Sales Agents. The sale, if any, of shares of the Company's common stock under the Sales Agreement will be made by any method permitted that is deemed to be an "at-the-market" equity offering as defined in Rule 415(a)(4) promulgated under the Securities Act of 1933, as amended, including sales made directly on The Nasdaq Global Market or any other trading market for the Company's common stock. Subject to the terms and conditions of the Sales Agreement, the Sales Agents will use their commercially reasonable efforts to sell the shares of the Company's common stock from time to time, based upon the Company's instructions. The compensation payable to the Sales Agents as sales agents shall be up to 3.0% of the gross sales price of the shares sold through the sales agents pursuant to the Sales Agreement. In addition, the Company will reimburse the Sales Agents for certain expenses incurred in connection with the Sales Agreement, and the Company has agreed in the Sales Agreement to provide indemnification and contribution to the Sales Agents against certain liabilities, including liabilities under the Securities Act or the Securities Exchange Act of 1934, as amended. The Company is not obligated to sell any shares of common stock under the Sales Agreement. The offering of shares of common stock pursuant to the Sales Agreement will terminate upon: (a) the election of the Sales Agents upon the occurrence of certain adverse events (b) ten days' advance notice from the Company to the Sales Agents or ten days' advance notice from any Sales Agent, on behalf of itself, to the Company or (c) otherwise by mutual agreement of the parties pursuant to the terms of the Sales Agreement. A full text copy of the Sales Agreement is available at https://tinyurl.com/3jtwhjc8 The representations, warranties and covenants contained in the Sales Agreement were made solely for the benefit of the parties to the Sales Agreement, and may be subject to limitations agreed upon by the contracting parties. Accordingly, the Sales Agreement is incorporated herein by reference only to provide investors with information regarding the terms of the Sales Agreement and not to provide investors with any other factual information regarding the Company or its business, and should be read in conjunction with the disclosures in the Company's periodic reports and other filings with the SEC. A copy of the legal opinion of Cooley LLP relating to the shares of common stock being offered pursuant to the Sales Agreement is available at https://tinyurl.com/385u2ymx The Current Report on Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy the shares of common stock discussed herein, nor shall there be any offer, solicitation, or sale of the shares of common stock in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. About Veritone Veritone, Inc. is a provider of artificial intelligence computing solutions. The Company's proprietary AI operating system, aiWARETM, uses machine learning algorithms, or AI models, together with a unit of powerful applications, to reveal valuable insights from vast amounts of structured and unstructured data. Grant Thornton LLP, the Company's independent registered public accounting firm for the fiscal year ended December 31, 2025, has included an explanatory paragraph in their opinion that accompanies the Company's audited consolidated financial statements as of and for the year ended December 31, 2025, indicating that the Company's debt service obligations, negative working capital and incurred historical negative cash flows and recurring losses, raise substantial doubt about the Company's ability to continue as a going concern. As of March 31, 2026, the Company had $155.2 million in total assets, $106.2 million in total liabilities, and $49 million in total stockholders' equity. VOLITIONRX LTD: Lind Waives Market Cap Covenant Breach on Two Notes ------------------------------------------------------------------- VolitionRx Limited previously reported that it issued to Lind Global Asset Management XII LLC: (i) that certain senior secured convertible promissory note in the original principal amount of $7,500,000 on May 15, 2025, pursuant to that certain securities purchase agreement, dated May 15, 2025, by and between the Company and Lind, and (ii) that certain senior secured convertible promissory note in the original principal amount of $2,400,000 on January 7, 2026, pursuant to that certain amended and restated securities purchase agreement, dated January 7, 2026, by and between the Company and Lind. Pursuant to each of the Notes, the Company is required to comply with a covenant requiring the Company to maintain a minimum Market Capitalization for the applicable period specified therein. As a result of the Company's failure to comply with the Market Capitalization Covenant, on May 21, 2026, the Company and Lind entered into a waiver and consent pursuant to which Lind waived certain rights and remedies under the Notes and the other Transaction Documents arising from the Company's failure to comply with the Market Capitalization Covenant, subject to the terms and conditions set forth in the Waiver. Accordingly, Lind has waived and is no longer entitled to exercise any rights or remedies arising from the Company's failure to comply with the Market Capitalization Covenant now or in the future, except those rights and remedies set forth in the Notes which are expressly preserved in the Waiver. In particular, Lind waived its rights under the Notes to declare any amounts due and payable, demand immediate payment in full, accelerate obligations or foreclose upon any collateral as a result of the failure to comply with the Market Capitalization Covenant now or in the future. The Company's failure to comply with the Market Capitalization Covenant resulted in the imposition of an additional amount payable under the Notes in an amount equal to 10% of the Outstanding Principal Amount of each Note as provided by the terms of the Notes. Pursuant to the Waiver and in accordance with the terms of the Notes, Lind may demand that all or a portion of the Outstanding Principal Amount of either Note be converted into shares of the Company's common stock, par value $0.001 per share, at the lower of: (i) the then-current Conversion Price under the applicable Note, and (ii) 90% of the average of the three lowest VWAPs during the 20 Trading Days prior to the delivery by Lind of the applicable notice of conversion; provided that such conversion does not result in beneficial ownership exceeding 4.99% of the outstanding Common Stock. A full text copy of the Waiver will be filed as an exhibit to the Company's Quarterly Report on Form 10-Q with the Securities and Exchange Commission on or before August 14, 2026. About Volition Henderson, Nev.-based VolitionRx Limited is a multinational epigenetics company. It has patented technologies that use chromosomal structures, such as nucleosomes, and transcription factors as biomarkers in cancer and other diseases. Draper, Utah-based Sadler, Gibb & Associates, LLC, the Company's auditor since 2011, issued a "going concern" qualification in its report dated March 31, 2026, attached to the Company's Annual Report on Form 10-K for the year ended December 31, 2025, citing that the Company suffered recurring losses from operations, negative cash flows from operations, and minimal revenues, which raises substantial doubt about its ability to continue as a going concern. As of March 31, 2026, the Company had $9 million in total assets, $42.4 million in total liabilities, and $33.4 million in total stockholders' deficit. WEST SEATTLE: Gets Final OK to Use Cash Collateral -------------------------------------------------- West Seattle Natural Energy, LLC received final approval from the U.S. Bankruptcy Court for the Western District of Washington, at Seattle, to use cash collateral to fund operations. Under the final order, the Debtor is authorized to use cash collateral in accordance with its budget, with a permitted 15% variance. The Debtor has approximately $434,844 in cash collateral, consisting of bank balances and accounts receivable (including older receivables and disputed bad debt accounts). Creditors including the U.S. Small Business Administration, Kapitus Servicing, and ByzWash claim perfected security interests in the cash collateral totaling approximately $241,463. As adequate protection, the secured creditors will receive replacement liens on the cash collateral, with the same validity, priority and extent as their pre-bankruptcy liens. In addition, the SBA and Kapitus will receive monthly payments of $204 and $1,700, respectively. The order is available at https://shorturl.at/q94vV from PacerMonitor.com. West Seattle Natural Energy is a small, family-owned electrical and solar contractor founded in 2008, now operated by the founders' family after the original owner's retirement. It reported severe liquidity constraints caused by rising costs and long-uncollected accounts receivable, which previously forced reliance on high-interest financing and contributed to unpaid vendor obligations and liens. About West Seattle Natural Energy LLC West Seattle Natural Energy, LLC, dba West Seattle Electric and Solar, is a family-owned electrical and solar contractor. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Wash. Case No. 26-11279-TWD) on April 20, 2026. In the petition signed by Amy Beaudoin, member, the Debtor disclosed up to $1 million in both assets and liabilities. Judge Timothy W. Dore oversees the case. Kathryn P. Scordato, Esq., at Scordato Law, PLLC, represents the Debtor as legal counsel. WHITNEY OIL & GAS: Gets Extension to Access Cash Collateral ----------------------------------------------------------- Whitney Oil & Gas, LLC received another extension from the U.S. Bankruptcy Court for the Eastern District of Louisiana to use cash collateral. The court's 26th interim order authorized the use of cash collateral for the period from Oct. 26, 2023, through the date which is five business days following a declaration to terminate, reduce or restrict the ability to use cash collateral by the Debtor. Certain entities may possess oil and gas liens under the Louisiana Oil Well Lien Act (LOWLA) on oil and gas assets owned by the Debtor. As protection for any diminution in value of their interests in the pre-bankruptcy collateral, the LOWLA lienholders will be granted valid and perfected security interests in, and liens on, the Debtor's assets, subject to a fee carveout. These liens do not apply to any Chapter 5 causes of action and the proceeds, thereof. To the extent the liens granted prove to be inadequate, the LOWLA lienholders will receive a superpriority administrative expense claims, junior to the fee carveout. The termination events under the 26th interim order include the filing by the Debtor of documents pertaining to a debtor-in-possession financing that adversely effects the LOWLA lienholders' liens; a default by the Debtor in reporting financial information; dismissal or conversion of the Debtor's Chapter 11 case; the appointment of a Chapter 11 trustee or examiner with enlarged powers; or other responsible person; and the failure by the Debtor to perform its obligations under the 21th interim order. The next hearing is set for June 24. The 26th interim order is available at https://tinyurl.com/dae5vusf from PacerMonitor.com. About Whitney Oil & Gas Whitney Oil & Gas, LLC operates in the oil and gas extraction industry. The company is based in Houston, Texas. Whitney Oil & Gas filed Chapter 11 petition (Bankr. E.D. La. Case No. 23-11873) on Oct. 26, 2023, with $1 million to $10 million in both assets and liabilities. Judge Meredith S. Grabill oversees the case. Douglas S. Draper, Esq., at Heller, Draper & Horn, LLC is the Debtor's legal counsel. WILFONG HOSPITALITY: Case Summary & 20 Top Unsecured Creditors -------------------------------------------------------------- Debtor: Wilfong Hospitality II, LLC d/b/a Sonesta Essential 20 Southland Drive Fairmont, WV 26554 Business Description: Wilfong Hospitality II, LLC, doing business as Sonesta Essential, is a single-asset real estate and hospitality company whose principal asset is a hotel property in Fairmont, West Virginia. The company owns and operates a 62-room lodging property that provides guest accommodations and related hotel amenities for business and leisure travelers in Marion County. Chapter 11 Petition Date: May 28, 2026 Court: United States Bankruptcy Court Northern District of West Virginia Case No.: 26-00366 Judge: Hon. David L Bissett Debtor's Counsel: Stephen L. Thompson, Esq. BARTH & THOMPSON LAW OFFICES PO Box 129 Charleston, WV 25321 Tel: 304-342-7111 E-mail: sthompson@barth-thompson.com Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Gary Wilfong as member. A full-text copy of the petition, which includes a list of the Debtor's 20 largest unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/VW5265Q/Wilfong_Hospitality_II_LLC__wvnbke-26-00366__0001.0.pdf?mcid=tGE4TAMA WILSON 1350: Commences Chapter 11 Bankruptcy in Puerto Rico ----------------------------------------------------------- On May 27, 2026, Wilson 1350 LLC filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Puerto Rico. According to court filings, the Debtor reports between $1 million and $10 million in debt owed to between 1 and 49 creditors. A meeting of creditors under Section 341(a) to be held on June 22, 2026, at 2:00 PM at 02:00 PM via Telephonic Conference Information for AUST/Trial Attys. The deadline to file the Chapter 11 Plan and accompanying Disclosure Statement is September 24, 2026. About Wilson 1350 LLC Wilson 1350 LLC is a limited liability company engaged in real estate ownership, property management, and related investment activities. Wilson 1350 LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-02372) on May 27, 2026. In its petition, the Debtor reports estimated assets of $10 million to $50 million and estimated liabilities of $1 million to $10 million. The presiding bankruptcy judge was not identified in the available filing information. The Debtor is represented by Noemi Landrau Rivera, Esq. ZHL SERVICES: Cash Collateral Hearing Set for June 23 ----------------------------------------------------- The U.S. Bankruptcy Court for the Middle District of Florida, Jacksonville Division, is set to hold a hearing on June 23 to consider extending ZHL Services, LLC's authority to use cash collateral. The Debtor is currently authorized to use cash collateral pursuant to the court's April 29 fourth interim order. This authorization remains in effect until further order of the court. Under the fourth interim order, the Debtor is allowed to pay its expenses with cash collateral in accordance with its budget, and granted secured creditors replacement liens as adequate protection, with the same validity, priority and extent as their pre-bankruptcy liens. Additional safeguards include insurance and access to business records upon notice. A copy of the fourth interim order and the Debtor's budget is available at https://shorturl.at/opxgq from PacerMonitor.com. ZHL's cash collateral consists of post-petition accounts receivable, chattel paper, contracts, cash, bank accounts, and other property pledged to secured creditors, including Celtic Bank/USA SBA, Kapitus LLC, and Arsenal Funding, under pre-bankruptcy loan agreements. The Debtor estimates the current value of cash and receivables at approximately $42,000 and proposes to treat Celtic Bank/USA SBA as holding the primary lien on cash collateral. About ZHL Services LLC ZHL Services, LLC provides land-clearing, demolition, excavation, utility, and septic services for industrial, commercial, and residential projects in North Florida. The Company operates as a locally owned contractor that has expanded from grade-work origins to a broader range of site-development services. It is recognized as a Jacksonville Small and Emerging Business. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 25-04182) on November 13, 2025. In the petition signed by Haley Lundy, manager, the Debtor disclosed $2,264,846 in assets and $3,965,913 in liabilities. Judge Jacob A. Brown oversees the case. Bryan K. Mickler, Esq., at the Law Offices of Mickler & Mickler, LLP, represents the Debtor as bankruptcy counsel. The Debtor also tapped the services of William Haeberle, a certified public accountant practicing in Florida. ZOE CENTER: Gets Interim OK to Use Cash Collateral -------------------------------------------------- Zoe Center for ABA and Development Services, LLC and Zoe Center for Pediatric and Adolescent Health, LLC received interim approval from the U.S. Bankruptcy Court for the Middle District of Georgia, Macon Division, to use cash collateral. The court authorized use of cash collateral solely for necessary expenses until further order. As adequate protection, all pre-petition liens held by Avanza Capital Holdings, LLC, Family Funding Group, LLC and other secured creditors claiming interests in cash collateral remain in effect. Additional protections include operating and maintaining the Debtors' businesses, pay post-petition property taxes when due, and maintain insurance on collateral securing creditor claims. The order is available at http://bankrupt.com/misc/ZoeCenter_ICCOrder.pdf The court scheduled the final hearing for June 17. Both Debtors are Georgia-based healthcare providers operating under common 50/50 ownership by Dr. Stephanie H. Kong and her husband, Basil Waine Kong, who is also a Subchapter V debtor in a related bankruptcy case, with Dr. Kong overseeing day-to-day clinical operations. Zoe ABA operates multiple applied behavioral analysis clinics serving individuals -- particularly children with autism spectrum disorder -- and employs approximately 74 staff across locations in Columbus and Barnesville, Georgia, while Zoe Pedes is a pediatric medical practice providing general healthcare services, immunizations, developmental monitoring, and treatment of childhood illnesses, employing roughly 82 staff across several Georgia locations, including Columbus, Barnesville, and Thomaston. The Debtors identify the Small Business Administration and potentially other lenders as entities asserting secured interests in receivables and other cash-flow generated assets, although they expressly reserve all rights to challenge the validity, extent, and priority of any such liens and do not concede that all claimed collateral is validly encumbered. About Zoe Center for Pediatric and Adolescent Health Zoe Center for Pediatric and Adolescent Health, LLC is a healthcare provider focused on delivering medical services for children and adolescents. The organization offers pediatric care and related outpatient health services within its clinical operations. The Debtor sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-50832) on May 18, 2026. In its petition, the Debtor reported assets between $1 million and $10 million and liabilities within the same range. Honorable Bankruptcy Judge Robert M. Matson handles the case. The Debtor is represented by David L. 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