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260713.mbx T R O U B L E D C O M P A N Y R E P O R T E R Monday, July 13, 2026, Vol. 30, No. 194 Headlines 1205 SOUTHPORT: Commences Chapter 11 Bankruptcy in Texas 1207 SOUTHPORT: Seeks Chapter 11 Bankruptcy in Texas 2 FAT GUYS: Eric Terry Named Subchapter V Trustee 2315 LOMA: Unsecureds Will Get 5% of Claims over 60 Months 3 KINGS CONSTRUCTION: Court Narrows Claims in Auto-Owners Case 333 3RD AVE SE: Case Summary & Nine Unsecured Creditors 333 3RD AVE: Starts Chapter 11 Bankruptcy in Minnesota 351 NORTH HIGHLAND: Unsecured Creditors to be Paid in Full in Plan 3CLOGIC INC: Case Summary & 20 Largest Unsecured Creditors 60 WALTER: Case Summary & Six Unsecured Creditors 741 INC: Unsecureds Owed $1K+ Will Get 4.8% of Claims in Plan 99 SE MIZNER: Seeks to Extend Plan Exclusivity to Nov. 17 A'LEURER LLC: Updates Westover Terrace Claims Pay Details ADAMOVSKY REAL: Hires Thompson Law Group PC as Bankruptcy Counsel ADDISON DENTAL: Hires Gordon Law Firm PC as Bankruptcy Counsel AEB ENTERPRISES: Seeks Chapter 11 Bankruptcy in Nevada AMBIPAR PARTICIPACOES: Chapter 15 Case Summary AMERICAN LANGUAGE: Gets Final OK to Use Cash Collateral AMERICAN TRASH: Hires Arch & Beam Global LLC as Financial Advisor AMERIMED EMERGENCY: Court Extends Cash Collateral Access to July 31 ANTELOPE HOSPITALITY: Gets Court OK to Use Lender's Cash Collateral AQUA SPAS: Claims to be Paid from Business Revenue ASM INVESTMENT: Seeks Chapter 11 Bankruptcy in Pennsylvania AUGIE'S ITALIAN: Seeks Chapter 11 Bankruptcy in New York AUTOMOTIVE OUTFITTERS: Hires Justin M. Owens CPA LLC as Accountant AUTOMOTIVE SOLUTIONS: Case Summary & Four Unsecured Creditors AW FARMS: Seeks to Sell Meat Processing Assets at Auction BAXSTO LLC: Amends Unsecureds & Several Secured Claims Pay BAYLIE'S SQUARE: Gets Court OK to Use Cash Collateral Until Aug. 26 BECKY'S PET CARE: Gets OK to Use Cash Collateral Until Aug. 31 BENNETT SHISHA: Leon Jones Named Subchapter V Trustee BETTER BATH: Court Extends Cash Collateral Access to Aug. 15 BITCOIN DEPOT: Court Approves $1.4MM Chapter 11 Asset Sale BLOOMIN CRAZY: Case Summary & 20 Largest Unsecured Creditors BLOOMIN' CRAZY: Case Summary & Seven Unsecured Creditors BRASS WORKS: Unsecured Creditors to be Paid in Full in Plan BTWFU & GCFU: Continued Operations & Sale Proceeds to Fund Plan BUILT USA: Gets Extension to Access Cash Collateral BULLIVANT HOUSER: Claim No. 25 Subject to Mandatory Subordination BURWOOD LLC: Seeks to Hire Allen Jones & Giles PLC as Attorney C & S ADKINS: Gets Final OK to Use Cash Collateral CABLE ONE: Moody's Lowers CFR to B2 & Alters Outlook to Negative CALCIMEDICA INC: Adds Zaytsev to Board as Middleton Plans Exit CAMPBELL 215: Initiates Chapter 11 Bankruptcy in Oklahoma CDT EQUITY: Amends Loan to Close Second Financing Tranche CEMTREX INC: Acquires Plant Engineering Services for $3.5-Mil. CES ENERGY: DBRS Finalizes BB(low) Rating on CAD300MM Unsec. Notes CHAFIN AGENCY: Michael Colvard Named Subchapter V Trustee CHC GROUP: Moody's Cuts CFR to B3, Outlook Stable CHEESE SHOP: Court Extends Cash Collateral Access to July 31 CHS FL: Oct. 9, 2026 General Claims Bar Date Set CONSIGNMENT CRUSH: Quilling, Selander Represents Claimants CONTINUUM CARE: Gina Klump Named Subchapter V Trustee COTY INC: S&P Downgrades ICR to 'BB', On CreditWatch Negative COURTESY SCREENING: Gets Extension to Access Cash Collateral CRESCENT CITY COLLECTIONS: Linda Leali Named Subchapter V Trustee D & B CHRISTOPHER: Seeks Chapter 11 Bankruptcy in New York D 5030 WESTMINSTER: Gets OK to Use Cash Collateral Until July 31 DAVENN LLC: Gets Interim OK to Use Cash Collateral DAVID TRUSCOTT: Court Tosses Objection to Krachenfels Claim DDC ENTERPRISE: Changes Principal Office Address to Charlotte DEALER SOURCE: Hires Lane Law Firm PLLC as Bankruptcy Counsel DENVER SPRING: Unsecureds Will Get $1K per Month for 4 Years DIOCESE OF ALEXANDRIA: Unsecureds Will Get 25% of Claims in Plan DISH DBS: Chapter 11 Plan Disclosure Hearing Delayed by Two Weeks E F REALTY: Case Summary & Eight Unsecured Creditors EASTSIDE COLLISION: Gets Interim OK to Use Cash Collateral ENERPRISE MANAGEMENT: Seeks Cash Collateral Access EXYN TECHNOLOGIES: Debts Exceed Assets by $14.3M at March 31 FAIRWAY AMERICA: Case Summary & 20 Largest Unsecured Creditors FAMILY SOLUTIONS: To Sell Biz to Gehring Therapeutics for $100K FRANCISCAN FRIARS: Plan Confirmation Hearing Scheduled for Sept. 24 FST CORP: Enters $10.4 Million ATM Offering Agreement FULTON SCG: Secured Party Sets July 15, 2026 Public Auction GARRARD COUNTY DISTILLING: Tom Collins Buys Co. Out of Receivership GENESIS HEALTHCARE: Court Okays Tipton's In Forma Pauperis Request HEALTHCARE FOR ALL: Hires Singer & Falk CPAs as Accountant HILL METAL: Chapter 11 Bankruptcy Plan Due January 4 HILTON GRAND: Moody's Rates New $850MM First Lien Term Loan 'Ba3' HOUSE OF DOGE: Completes Merger, Starts HODO Stock Trading HUGHES SATELLITE: CEO Akhavan Resigns; Ergen Takes Role ICORECONNECT INC: May Pay CEO Chambers $20,000 as Admin Expense IES ELEVATOR: Unsecured Creditors to Split $20K over 60 Months INSPIRED HEALTHCARE: Cavazos Hendricks Represents Creditors INTEGRATED PROTEINS: Committee Taps Martin Pringle as Counsel IVS COMM: Seeks Subchapter V Bankruptcy in Michigan JAYBROOK RENTALS: Seeks to Hire Bright Star as Auctioneer JONES & REYNOLDS: Seeks Chapter 11 Bankruptcy in New York JS&A FIRE: Gets Interim OK to Use Cash Collateral JW COLE INVESTMENTS: Hires Hoover & Company PC as Accountant KADEY-KROGEN YACHTS: Seeks Chapter 7 Bankruptcy in Delaware KELHAM VINEYARD: Unsecureds to Recover 97% in Trustee's Plan KING AT EIGHT: Case Summary & Three Unsecured Creditors KNS HOLDCO: S&P Alters Outlook to Positive, Affirms 'CCC+' ICR KONA COAST: Case Summary & Six Unsecured Creditors KONA COAST: Seeks Chapter 11 Bankruptcy in Texas LH PROPERTY: Seeks Subchapter V Bankruptcy for 2nd Time LINDY'S ON 4TH: Taps DeConcini McDonald Yetwin & Lacy as Counsel LOW COST TREE: Amends Mid Penn Bank Secured Claim Pay LUGANO DIAMONDS: Ex-CEO, US Trustee Object to Plan Disclosures M & M BUCKLEY: Court Extends Cash Collateral Access to Aug. 6 M T J PAINT: Seeks to Hire Sagre Law Firm as Bankruptcy Counsel M&B SERVICES: Unsecureds Will Get 100% of Claims over 24 Months MAPLE TREE: Gets Final OK to Use Cash Collateral MEGA BROADBAND: Moody's Cuts CFR to B3, On Review for Downgrade MEGNA GRIZZLY: Seeks Chapter 11 Bankruptcy in California MEMORY LANE: Seeks Chapter 11 Bankruptcy in Tennessee METALWORKING LUBRICANTS: Taps Plews Shadley as Special Counsel MIRO HOUSE: Gets Interim OK to Use Cash Collateral MISSION MEDICAL: Claims to be Paid from Property Sale Proceeds MLNARIK LAW: Hires Binder Malter Harris as Reorganization Counsel MODIVCARE INC: Judge Mulls Contempt Over Escrow Transfer MOPARTY FAMILY: Seeks Chapter 11 Bankruptcy in Texas MOUNTAIN VALLEY: Shuts Down, Stops Operations MP ELKO: Gets Interim OK to Use Cash Collateral MUNAWAR LAW: Court OKs Deal to Use Cash Collateral MURPHY'S CONCRETE: Gets Final OK to Use Cash Collateral MVP REALTY: Jolene Wee of JW Infinity Named Subchapter V Trustee NANKE SIGNATURE: Gets Final OK to Use Cash Collateral Until Aug. 31 NEGRONI BRICKELL: Carol Fox Named Subchapter V Trustee NEGRONI DORAL: Carol Fox of GlassRatner Named Subchapter V Trustee NEXTNRG INC: Nets $940,000 From Merchant Cash Advance NFE GLOBAL: Court Grants Chapter 15 Recognition NFUZE LLC: Robert Eggmann Named Subchapter V Trustee NICHOLS STRATEGIES: Seeks to Hire The Bankruptcy Group as Counsel NLC PRODUCTS: Hires True Grit Auction Services as Auctioneer NORTHERN AMERICAN CONSTRUCTION: DBRS Rates $200MM Notes (P)BB(high) NUVEI CORP: S&P Affirms 'B+' ICR on Acquisition Announcement NXT ENERGY: Appoints Marvin Singer to Board of Directors O'BRIEN ENERGY: Gets Final OK to Use Cash Collateral OHA PAPI: Seeks Chapter 11 Bankruptcy in Texas ONE WORLD: Seeks to Hire Loeb & Loeb LLP as Bankruptcy Counsel OPTIMUM COMMUNICATIONS: Secures $250 Million Incremental Term Loan PACIFIC CAPITAL: Verita Global as Claims and Noticing Agent PACIFIC RIM: To Sell Wine IP & Trademark to WarRoom Ventures PARADISE LAND: Seeks Cash Collateral Access PERFECT CHOICE: Hires Nuance Financial Inc. as Accountant PGX HOLDINGS: Oquirrh Mountain Wins Bid to Dismiss "Sanders" PHOTO HOLDINGS: Moody's Assigns 'B3' CFR, Outlook Stable PICHOI CORPORATION: Commences Chapter 11 Bankruptcy in Colorado PLATES RESTAURANT: To Sell Resto Biz to Supakorn Thanasongtrakul PNP LLC: Gets Interim OK to Use Cash Collateral PNP LLC: Seeks Approval to Tap Wych Tax & Accounting as Accountant POLAR POWER: Issues $275,000 Convertible Note to Mayers Ventures PRECIOUS HEARTS: Francis Brennan Named Subchapter V Trustee PREMIUM EDGE: Hires Blueprint Healthcare as Real Estate Broker PREMIUM EDGE: Hires Polsinelli PC as Bankruptcy Counsel PROFESSIONAL DIVERSITY: MEB Holding Acquires NAPW and IAW for $150K PURPLE INNOVATION: Stockholders Back Reverse Split Plan QUINCY HEALTH: S&P Raises ICR to 'CCC-' on Distressed Amendment QUORUM HEALTH: Moody's Appends 'LD' Designation to 'Ca-PD' PDR REMEDIUM PHARMACY: Commences Chapter 11 Bankruptcy in Massachusetts RENPRO LLC: Gets Extension to Access Cash Collateral RENX ENTERPRISES: Burnham Resigns Board, Takes M&A Role RHINOGRAM INC: Seeks to Hire GGG Partners as Financial Advisor ROLLING GREENS: Seeks to Hire Keegan Linscott as Financial Advisor ROOTED ENTERPRISE: Gets Interim OK to Use Cash Collateral RYAN LLC: Moody's Rates New EUR400MM First Lien Term Loan 'B3' SANCHO LOCO: Has Deal on Cash Collateral Access SANGAMO THERAPEUTICS: Orrick & Morris Advise Ad Hoc Equity Holders SEA PALMS: Taps Campbell Law Firm PA as Bankruptcy Counsel SEABREEZE ROOFING: Gets Interim OK to Use Cash Collateral SIMAD HOLDINGS: Russell R. Johnson Represents Utility Companies SIMPLY INTERIOR: Aug. 8, 2026 General Claims Bar Date Set SLEEP COUNTRY: DBRS Puts 'BB' Issuer Rating Under Review SMILEY AESTHETICS: Court Extends Cash Collateral Access to Aug. 12 SOUTHEAST HOUSING: Moody's Confirms Ba1 Rating on 2007 Cl. I Bonds SOUTHERN POINTE: Seeks to Hire The Steffes Firm as Legal Counsel SOUTHWEST CONCRETE: Commences Chapter 11 Bankruptcy in Nevada SPINNAKER VERO: Gets Extension to Access Cash Collateral STRATUM 8: Seeks Subchapter V Bankruptcy in Texas STRYKER DEALERSHIP: Commences Chapter 11 Bankruptcy in Alabama STUDENT TRANSPORTATION: $200MM Add-on No Impact on Moody's B1 CFR SUMMIT ACCESS: Plan Exclusivity Period Extended to Sept. 30 SUNPOWER INC: Names Tom Kowalczuk Chief Financial Officer SUNSHINE HEALING: Gets Interim OK to Use Cash Collateral SUPERIOR ENERGY: Moody's Affirms 'B1' CFR Following Sonic Deal SYNIVERSE CORP: S&P Downgrades ICR to 'CCC' on Refinancing Risk TAPS RANCH II: Amends Shelby Savings Secured Claim Pay TAVERN BAR: Court Extends Cash Collateral Access to July 22 TECHNICAL ARTS: Hires Bond Schoeneck & King as Special Counsel TELUS CORP: DBRS Confirms 'BB(high)' Subordinated Debt Rating THAI WISDOM: Seeks to Hire James E. Dickmeyer as General Counsel THORNCO HOSPITALITY: Starts Chapter 11 Bankruptcy in Texas TIMIOS ENTERPRISES: Gets Final OK to Use Cash Collateral TITAN ENGINEERS: Case Summary & Nine Unsecured Creditors TOLLANIS TECHNOLOGY: Files Emergency Bid to Use Cash Collateral TOM'S METAL: Case Summary & One Unsecured Creditor TOPBUILD CORP: Moody's Withdraws 'Ba1' CFR Following Debt Repayment TOWN PHARMACY: Seeks to Hire Byrd & Wiser as Bankruptcy Counsel TRINITY POOLS: Hires George Oliver as General Bankruptcy Counsel TRINSEO PLC: Directors Hires McDermott Will as Independent Counsel TRINSEO PLC: Seeks to Hire Ernst & Young as Tax Services Provider TRINSEO PLC: Seeks to Hire FTI Consulting as Financial Advisor TRINSEO PLC: Seeks to Hire Latham & Watkins as Bankruptcy Counsel TRINSEO PLC: Seeks to Tap Centerview Partners as Investment Banker TRINSEO PLC: Seeks to Tap Hunton Andrews Kurth as Legal Co-Counsel TRINSEO PLC: Special Committee Hires Triple P TRS as Advisor TRINSEO PLC: Special Committee Taps Quinn Emanuel as Legal Counsel TWBEDMONDS LLC: Seeks to Tap James Dickmeyer as Bankruptcy Counsel U.S. TELEPACIFIC: Plan Confirmation Hearing Scheduled for Sept. 2 UNITED RENTALS: S&P Alters Outlook to Positive, Affirms 'BB+' ICR VEGA ROOFING: Gets Interim OK to Use Cash Collateral VICTORIA HOSPICE: Commences Chapter 11 Bankruptcy in California VINTRENDI WINE: Court Extends Cash Collateral Access to July 30 VIRIDIS CHEMICAL: Judge Approves Ch. 11 Reorg. Plan After Sale VIVOS THERAPEUTICS: Raises $2.1 Million in PIPE Deal WARRIOR TECHNOLOGY: Seeks to Tap Loeb & Loeb as Bankruptcy Counsel WEST ATLANTA: Seeks Chapter 11 Bankruptcy in Georgia WEST MARINE: Portage Point Pegs Enterprise Value at $237.5MM WESTSIDE TOW: Hires Nelson Comis Kettle as Bankruptcy Counsel WHOLESALE PROPERTY: Carbondale Property Sale to G. & J. Liboy OK'd WHOLESALE PROPERTY: Jacksonville Property Sale to Oakwood OK'd WORLD OF DISCOVERY: Hires Todd Taylor PC as Bankruptcy Counsel Z SQUARED: Sets Up $300 Million ATM Stock Sale Program ZACH 204: Seeks to Tap Goldberg Weprin Finkel Goldstein as Counsel [] Ensis Partners Appoints Konstantin Malyshkin as Principal [] Sean Kulka Joins Bradley's Bankruptcy Practice in Atlanta ********* 1205 SOUTHPORT: Commences Chapter 11 Bankruptcy in Texas -------------------------------------------------------- On July 6, 2026, 1205 Southport, LLC filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Western District of Texas. According to court filings, the Debtor reports between $1 million and $10 million in estimated debt. A meeting of creditors under Section 341(a)set for August 5, 2026 at 10:00 AM via Via Phone: (888)330-1716; Code: 7659325. The debtor must submit its Chapter 11 plan and disclosure statement no later than November 3, 2026. About 1205 Southport, LLC 1205 Southport, LLC is a Texas-based single-asset real estate company that owns and manages a single real estate asset. The company sought Chapter 11 protection to reorganize its financial obligations while preserving the value of its property. 1205 Southport, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-11287) on July 6, 2026. In its petition, the Debtor reported estimated assets of $1 million to $10 million and estimated liabilities of $1 million to $10 million. Honorable Bankruptcy Judge Christopher G. Bradley handles the case. The Debtor is represented by Stephen W. Sather of Barron & Newburger, P.C. 1207 SOUTHPORT: Seeks Chapter 11 Bankruptcy in Texas ---------------------------------------------------- On July 6, 2026, 1207 Southport, LLC filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Western District of Texas. According to the court filing, the debtor reports estimated liabilities ranging from $1 million to $10 million. The petition does not specify the number of creditors. The bankruptcy court has set November 3, 2026, as the deadline for filing both the Chapter 11 reorganization plan and the disclosure statement. About 1207 Southport, LLC 1207 Southport, LLC is a single-asset real estate company, as defined under 11 U.S.C. Section 101(51B). The company owns and manages a single real estate asset and sought Chapter 11 protection to reorganize its financial obligations. 1207 Southport, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-11288) on July 6, 2026. In its petition, the debtor reported estimated assets of $1 million to $10 million and estimated liabilities of $1 million to $10 million. Honorable Bankruptcy Judge Shad M. Robinson handles the case. The debtor is represented by Stephen W. Sather, Esq., of Barron & Newburger, P.C. 2 FAT GUYS: Eric Terry Named Subchapter V Trustee ------------------------------------------------- The U.S. Trustee for Region 7 appointed Eric Terry as Subchapter V trustee for 2 Fat Guys Investments Inc. Mr. Terry will charge $450 per hour for his services as Subchapter V trustee and $85 per hour for his support staff working under his direct supervision. The Subchapter V trustee will seek reimbursement for work-related expenses incurred. Mr. Terry declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Eric Terry 3511 Broadway San Antonio, TX 78209 Phone: (210)468-8274 Email: eric@ericterrylaw.com About 2 Fat Guys Investments Inc. 2 Fat Guys Investments Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 26-51744) on June 29, 2026, with $50,001 to $100,000 in assets and $100,001 to $500,000 in liabilities. Kerry Alleyne-Simmons, Esq., at Pulman Leflore Pullen & Reed, LLP represents the Debtor as legal counsel. 2315 LOMA: Unsecureds Will Get 5% of Claims over 60 Months ---------------------------------------------------------- 2315 Loma Vista LLC filed with the U.S. Bankruptcy Court for the Central District of California a Disclosure Statement describing Plan of Reorganization dated June 30, 2026. The Debtor is a California Limited Liability Company doing business in the State of California and County of Los Angeles. Debtor's business consists of real estate investments. Debtor's principal asset is one real property located at 2315 Loma Vista Place, Los Angeles, CA 90029. The management of the debtor both pre- and post-bankruptcy have been by its managing member, Mariati Situmorang. Mrs. Situmorang is an insider. The events leading to filing of the bankruptcy case; Debtor purchased the Loma Vista Property on or about Feb. 25, 2022. Debtor's intentions were to remodel and flip the real property. Debtor's financial hardship began 2023, when the neighbor began to create problems by harassing Debtor about the repairs and remodel alleging that she was not authorized to continue with remodel as the property line was entering into her property. On or about March 9, 2023, the neighbor filed a civil litigation suit for the disputed easement (Case No. 23STCV05340) Tara Demarco v. Loma Vista LLC et al. Since the filing of the suit Debtor has been unable to sell the real property. Debtor has made repairs to the property and added an additional unit and is receiving rental income from the property. The debtor seeks the protection of the bankruptcy laws in order to reorganize its debts and continue its business operations effectively. The main Asset of the Debtor is the Real Property located at 2315 Loma Vista Place, City of Los Angeles, CA 90029, with an estimated value of $1,100,000.00 based on comparable sales and the debtor’s knowledge of the area. The Debtor has made renovations to the property and added an additional unit which is generating additional income. Debtor therefore has sufficient income from the property to fund the plan of reorganization. Class 4. General Unsecured Claims. The Debtor will pay a total of $1,227.90 (5% of all general unsecured claims) to in the holder of Class 4 claims, in monthly installments of $20.47 over 60 months commencingon the Effective Date of the Plan. Holders of allowed general unsecured claims shall receive their pro-rata share of $20.47 monthly from the Debtor's disposable income derived from the financials. The allowed unsecured claims total $24,556.98. The Class 5 interest holders are not entitled to vote on Plan. Mariati Situmorang is the 100% equity security holder. Mr. Situmorang will retain her share ownership interest in the property but will not receive any distributions, dividends, or payments with respect to his share ownership interest. The Plan will be funded by the Debtor's post-petition earnings from its business activities. Based on the debtor's monthly operating reports for the last months, the debtor has received an average of $5,962.50 a month for its business income. A full-text copy of the Disclosure Statement dated June 30, 2026 is available at https://urlcurt.com/u?l=YaLuyQ from PacerMonitor.com at no charge. Counsel to the Debtor: Onyinye Anyama, Esq. Anyama Law Firm, A Professional Law Corporation 18000 Studebaker Road, Suite 325 Cerritos, CA 90703 Telephone: (562) 645-4500 Facsimile: (562) 318-3669 E-mail: info@anyamalaw.com About 2315 Loma Vista LLC 2315 Loma Vista LLC owns a property located at 2315 Loma Vista PL, Los Angeles, CA 90039, with an appraised value of $1.40 million. 2315 Loma Vista LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 25-13989) on May 13, 2025. In its petition, the Debtor reports total assets of $1,399,000 and total liabilities of $716,656. Bankruptcy Judge Julia W. Brand handles the case. The Debtor is represented by Thomas B. Ure, Esq. at URE LAW FIRM. 3 KINGS CONSTRUCTION: Court Narrows Claims in Auto-Owners Case -------------------------------------------------------------- Judge Paul Baisier of the U.S. Bankruptcy Court for the Northern District of Georgia granted, in part, and denied, in part, Auto-Owners Insurance Company's motion for summary judgment in the adversary proceeding captioned as GRIFFIN E. HOWELL, III, Chapter 7 Trustee, Plaintiff, v. AUTO-OWNERS INSURANCE COMPANY, Defendant, ADVERSARY PROCEEDING NO. 24-1021 (Bankr. N.D. Ga.). Griffin E. Howell, III, duly appointed Chapter 7 Trustee (the "Plaintiff" or the "Trustee") for the Chapter 7 estate of 3 Kings Construction Residential, LLC (the "Debtor"), commenced this action by filing a Complaint herein on September 9, 2024 (the "Complaint") against Defendant Auto-Owners Insurance Company (the "Defendant"). As alleged in the Complaint, the Trustee seeks to set aside and recover various transfers (the "Transfers") of money received by the Defendant and voidable and recoverable as follows: (i) as preferential transfers under 11 U.S.C. Sec. 547 and Sec. 550 in the amount of $13,589.21; (ii) as fraudulent transfers under 11 U.S.C. Sec. 544, Sec. 548, and Sec. 550 and O.C.G.A. Secs. 18-2-70, et seq. in the amount of $102,922.72; and finally, (iii) as unauthorized post-petition transfers under 11 U.S.C. Sec. 549(a) and Sec. 550 in the amount of $32,071.74, which were made to the Defendant by the Debtor through its insiders and principals. Defendant's Motion for Summary Judgment Among other things, the Defendant asserts in the Defendant's Statement of Undisputed Facts that the premium payments constituting part of the Transfers in the amount of $78,166.33 were made more than ninety (90) days before the Petition Date. The Defendant also states that it issued various insurance policies to the Debtor, including commercial general liability coverage for which the Debtor paid premiums in the course of operations of its construction business. This insurance coverage, however, did not include any automobile policies. Instead, the Defendant asserts that Owners Insurance Company ("Owners"), which the Defendant claims is a separate subsidiary insurer of the Defendant, issued the commercial automobile policies for which the Debtor paid $47,216.21 in premiums (as part of the Transfers). The Defendant adds that these premiums were paid in the ordinary course of business and were made for new value received. It notes that the Trustee failed to identify any persons involved in authorizing or directing the Transfers in support of his allegation that they were insiders. It further claims the Trustee also did not identify any actual or constructive fraud on the part of either the Defendant or Owners. The Trustee disputes the Defendant's statement that payments made by the Debtor to Owners total $47,216.21 because this figure is based on an allocation of a larger payment that he does not concede is correct. Thus, he disputes any claim that the Defendant did not receive any part of the Transfers or how the Transfers were allocated among the various insurance policies and further contends no evidence has been presented on these issues. The Trustee asserts that it is beyond question that the Defendant may be liable as an initial transferee of the Transfers and that they may be recoverable from it by virtue of 11 U.S.C. Sec. 544, Sec. 548, and Sec. 550(a) and O.C.G.A. Secs. 18-2-70, et seq. According to the Court, it has not been shown by the Defendant that the Trustee cannot prove through proper evidence that, during the preference period, Owners received more than it would have otherwise received in a liquidation on its debt based on the Transfers made during the Debtor's insolvency. The Court finds the Defendant has not shown undisputed facts establishing that the Transfers were made in payment of a debt incurred by the debtor in the ordinary course of business. Although the Defendant may have quantified the amounts paid on the automobile policies, there is an absence of evidence regarding payment and invoicing dates and how each portion of such payments was credited toward the automobile policies. Issues of fact remain concerning Defendant's assertion that the Transfers provided "value" under Section 547(c)(1) or (c)(4) because even though insurance is arguably "valuable," it has not been established that the Defendant is entitled to judgment on this affirmative defense. As alleged by the Trustee, all the post-petition payments were made for automobile coverage. However, there is no competent evidence showing that the Debtor had an insurable interest in the subject vehicles or that they were used in the Debtor's business. Moreover, the Court never approved the making of such payments from property of the Debtor's bankruptcy estate for the personal benefit of third-party insiders in connection with their vehicles. The Motion is granted to the extent that the Transfers were made to the Defendant as premium payments on insurance policies that were not automobile insurance policies. The Motion is denied to the extent that the Transfers were made to the Defendant as premium payments on the automobile insurance policies. A copy of the Court's Order dated July 6, 2026, is available at http://urlcurt.com/u?l=2lg4zifrom Pacermonitor.com. About 3 Kings Construction Residential LLC 3 Kings Construction Residential LLC is primarily engaged in the construction of residential buildings. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ga. Case No. 22-10965) on September 7, 2022. In the petition filed by Tonny Harris, owner and CEO, the Debtor disclosed $2,122,355 in assets and $4,313,374 in total liabilities. Judge Paul Baisier oversees the case. Shannon Worthy, Esq., at Stanton and Worthy, LLC is the Debtor's counsel. The case was converted to Chapter 7 on February 23, 2023. 333 3RD AVE SE: Case Summary & Nine Unsecured Creditors ------------------------------------------------------- Debtor: 333 3rd Ave SE LLC 1680 Lawrence Ave NW Annandale, MN 55302 Business Description: 333 3rd Ave SE LLC is a single-asset real estate company engaged in activities related to real estate, including property management. Chapter 11 Petition Date: July 6, 2026 Court: United States Bankruptcy Court District of Minnesota Case No.: 26-42209 Judge: Hon. Katherine A Constantine Debtor's Counsel: John D. Lamey III, Esq. LAMEY LAW FIRM, P.A. 980 Inwood Ave N Oakdale, MN 55128-7094 Tel: 651.209.3550 E-mail: JLAMEY@LAMEYLAW.COM Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by David Francen as president. A full-text copy of the petition, which includes a list of the Debtor's nine unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/MGNOA7A/333_3RD_AVE_SE_LLC__mnbke-26-42209__0001.0.pdf?mcid=tGE4TAMA 333 3RD AVE: Starts Chapter 11 Bankruptcy in Minnesota ------------------------------------------------------ On July 6, 2026, 333 3rd Ave SE LLC filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Minnesota. According to the court filing, the debtor reports estimated liabilities of $1,000,001 to $10 million and between 1 and 49 creditors. A meeting of creditors under Section 341(a) scheduled for August 6, 2026 at 02:00 PM. Location: TELECONFERENCE ONLY. Governmental units have until January 4, 2027, to file proofs of claim, while the debtor's exclusive period to file a Chapter 11 plan and disclosure statement expires on November 3, 2026. About 333 3rd Ave SE LLC 333 3rd Ave SE LLC is a real estate holding company that owns, operates, or manages commercial real estate assets. The company sought Chapter 11 protection to reorganize its financial obligations while continuing to manage its property interests. 333 3rd Ave SE LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-42209) on July 6, 2026. In its petition, the debtor reported estimated assets of $1,000,001 to $10 million and estimated liabilities of $1,000,001 to $10 million. Honorable Bankruptcy Judge Katherine A. Constantine handles the case. The Debtor is represented by John D. Lamey, III, Esq. of Lamey Law Firm, P.A. 351 NORTH HIGHLAND: Unsecured Creditors to be Paid in Full in Plan ------------------------------------------------------------------ 351 North Highland Avenue, LLC filed with the U.S. Bankruptcy Court for the Central District of California a Disclosure Statement describing Plan of Reorganization dated June 30, 2026. The Debtor was formed in 2022 as a California limited liability corporation, for the purpose of owning and operating real property. Moshe Vanounou is the Debtor's sole managing member. The Debtor owns and operates a single-family residence located at 351 North Highland Avenue, Los Angeles, California 90036. The Debtor purchased the property to renovate and enhance it consistently with applicable historic and zoning requirements and thereafter stabilize the asset by securing qualified long-term tenants, thereby creating a durable income stream. Renovations have been funded primarily by equity contributions by Mr. Vanounou. The Debtor values the property at about $2,800,000. The senior lien against the property is held by Rediger Investment Mortgage Fund who is owed approx. $1,581,295 (per Proof of Claim No. 5). The junior lien against the property is held by Peninsula Finance Corp. as serviced by RTI Properties Inc. who is owed approx. $391,011 (per Proof of Claim No. 2). After origination, Rediger initiated enforcement activity by recording a default and proceeding to sale, after wrongfully asserting default interest, among other things. Contending that these default notices were defective, the Debtor brought suit against both lienholders in March 2024 in Los Angeles Superior Court (Case No. 24STCV02548), asserting breach of contract and related causes of action. The parties ultimately reached an agreement that extended the loans through early 2025, allowing the Debtor additional time to continue construction and pursue refinancing. However, the Debtor was unable to secure replacement financing by the new maturity date and sought the protection of the Bankruptcy Court on December 4, 2025, in order to preserve this asset for the benefit of all creditors. The Debtor has tentative agreements with both lienholders, but neither agreement has been finalized. However, both tentative agreements state that balloon payments are due and payable on August 31, 2026. Therefore, the Debtor intends to obtain refinance loan or sell the property preconfirmation with escrow closing by no later than August 31, 2026. Class 5 consists of General Unsecured Claims. In the present case, the Debtor estimates that general unsecured debts total approximately $92,798.28. Claimants will be paid in full on the Effective Date. This Class is impaired. Class 6 consists of Interest Holders. The Debtor's member will retain his ownership interest in the Debtor. The Plan will be funded with a refinance loan or selling the property. A full-text copy of the Disclosure Statement dated June 30, 2026 is available at https://urlcurt.com/u?l=IiATvV from PacerMonitor.com at no charge. Counsel to the Debtor: Roksana D. Moradi-Brovia, Esq. W. Sloan Youkstetter, Esq. RHM Law LLP 17609 Ventura Blvd., Suite 314 Encino, CA 91316 Telephone: (818) 285-0100 Facsimile: (818) 855-7013 E-mail: roksana@RHMFirm.com About 351 North Highland Avenue 351 North Highland Avenue, LLC was formed in 2022 as a California limited liability corporation, for the purpose of owning and operating real property. The Debtor filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. C.D. Calif. Case No. 25-20913) on December 4, 2025, with $1 million to $10 million in assets and liabilities. Moshe Vanounou, managing member, signed the petition. Judge Julia W. Brand presides over the case. Melvin Teitelbaum, Esq., at the Law Offices of Melvin Teitelbaum represents the Debtor as bankruptcy counsel. 3CLOGIC INC: Case Summary & 20 Largest Unsecured Creditors ---------------------------------------------------------- Debtor: 3CLogic, Inc. 500 N. Washington Street, #10954 Rockville, MD 20849 Business Description: 3CLogic, Inc. provides a cloud-based contact center platform and is based in Rockville, Maryland. The platform supports voice and SMS interaction management, AI-assisted workflows, intelligent routing, transcription, reporting, speech analytics, coaching, and payment processing. The company offers cloud, hybrid-cloud, and connector-based deployments and integrates its platform with CRM and service-management systems. Its solutions are used in sectors including healthcare, retail, manufacturing, higher education, insurance, travel and hospitality, and state and local government. Chapter 11 Petition Date: July 9, 2026 Court: United States Bankruptcy Court District of Maryland Case No.: 26-17338 Judge: Hon. Maria Ellena Chavez-Ruark Debtor's Counsel: Janet M. Nesse, Esq. McNAMEE HOSEA, P.A. 6404 Ivy Lane, Suite 820 Greenbelt, MD 20770 Tel: (301) 441-2420 Fax: (301) 982-9450 E-mail: jnesse@mhlawyers.com Estimated Assets: $10 million to $50 million Estimated Liabilities: $10 million to $50 million The petition was signed by Denis Seynhaeve as chairman and CEO. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/B2DC5BY/3CLogic_Inc__mdbke-26-17338__0001.0.pdf?mcid=tGE4TAMA List of Debtor's 20 Largest Unsecured Creditors: Entity Nature of Claim Claim Amount 1. RCF2, LLC Asserted Lien $15,434,170 2901 Bee Caves Road on Substantially Suite K All Assets Austin, TX 78724 2. Amazon Web Server Vendor $213,832 P.O. Box 84023 Seattle, WA 98124 3. Nuwave Communications Vendor $44,840 8275 E. Eastern Avenue, Suite 200 Las Vegas, NV 89123 Email: billing@nuwave.com 4. Z21 Labs, Inc. d/b/a Observi.Al Vendor $44,830 275 Shoreline Drive Suite 450 Redwood City, CA 94065 5. Bandwidth, Inc. Vendor $29,001 2230 Bandmate Way Raleigh, NC 27607 Tel: 800-808-5150 6. Rimon Law Vendor $24,448 420 W. Main Street, Suite 101B Boise, ID 83702 Contact: Phillip Quatrini Email: phillip.quatrini@rimonlaw.com Tel: 703.297.4372 7. QXIP BV (Gigapipe) Vendor $14,512 Postbus 67077 Amsterdam, North-Holland 1060JB Netherlands Email: office@qxip.net 8. Cherry Bekaert Vendor $13,249 P.O. Box 25549 Belington, WV 26250-5500 Contact: Tanya Chapman Email: tanya.chapman@cbh.com Tel: 678-372-1309 9. Sycurio Vendor $13,122 Pannell House, Park Street Guildford, GU1 4HN United Kingdom 10. Zoom Technologies LLC Vendor $9,505 55 Almaden Boulevard, 6th Floor San Jose, CA 95113 11. Embrace Project Management, Inc. Vendor $7,937 50 Park Blvd., Suite 516 Toronto, ON, M8W 1H2 Canada Contact: Rohan Anand Email: rohanid6@gmail.com Tel: 647-622-9091 12. Laurentian CFO Services LLC Vendor $7,890 14159 South Hills Ct Centreville, VA 20120 Email: gpreville@laurentianllc.com Tel: 703-508-6342 13. Sage Vendor $7,029 300 Park Avenue San Jose, CA 95110 Email: si.accountsreceivable@sage.com 14. Namely, Inc. Vendor $4,706 195 Broadway, 11th Floor New York, NY 10007 15. Cyara Ireland Ltd Vendor $2,794 fka Spearline Labs LTD Spearline HQ North Street Skibbereen Co. Cork, P81 H192 Ireland Contact: Leah McCarthy Tel: 353-28-51460 16. Orcawave Vendor $2,150 1500 Westlake Avenue, Suite 120 Seattle, WA 98109 Tel: 206.995.8850 17. RedSky Technologies, Inc. Vendor $1,590 8300 Boone Blvd. Suite 800 Vienna, VA 22182 Tel: 312-432-4300 18. GlideFast Consulting Vendor $1,223 Attn: Accounting PO Box 411289 Boston, MA 02241-1289 Contact: Anthony Calderaro Email: accounting@glidefast.com 19. Eleven Labs Inc Vendor $1,133 169 Madison Ave #2484 New York, NY 10016 Email: team@elevenlabs.io 20. Cision US Inc. Vendor $695 PO Box 417215 Boston, MA 02241-7215 Tel: 301-459-2593 60 WALTER: Case Summary & Six Unsecured Creditors ------------------------------------------------- Debtor: 60 Walter Jones Blvd., LLC 5711 Mira Grande Dr. El Paso, TX 79912 Business Description: 60 Walter Jones Blvd. is a single-asset real estate company that owns and operates an income-producing property. Chapter 11 Petition Date: July 6, 2026 Court: United States Bankruptcy Court Western District of Texas Case No.: 26-30942 Judge: Hon. Christopher G Bradley Debtor's Counsel: Stephen W. Sather, Esq. BARRON & NEWBURGER, P.C. 7320 N. MoPac Expressway 400 Austin TX 78731 Tel: (512) 476-9103 x220 E-mail: ssather@bn-lawyers.com Estimated Assets: $0 to $50,000 Estimated Liabilities: $1 million to $10 million The petition was signed by Ron McGinnis as manager. A full-text copy of the petition, which includes a list of the Debtor's six unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/KXGP6JQ/60_Walter_Jones_Blvd_LLC__txwbke-26-30942__0001.0.pdf?mcid=tGE4TAMA 741 INC: Unsecureds Owed $1K+ Will Get 4.8% of Claims in Plan ------------------------------------------------------------- 741, Inc., d/b/a Wisdom Rides of America, filed with the U.S. Bankruptcy Court for the District of Colorado a Disclosure Statement to accompany Plan of Reorganization dated June 30, 2026. The Debtor is a Colorado corporation that operates in two areas of business: manufacturing and selling amusement park rides to customers nationally, and manufacturing and selling farm equipment to a small subset of customers locally. The Debtor's financial issues were caused by a number of issues: first, the Debtor was named in a number of lawsuits relating to alleged injuries suffered by users of the Debtor's rides at amusement parks or fairs around the country. The Debtor also ran into problems as a result of increased material costs which led to issues completing certain projects on the amusement park side. Finally, the Debtor's landlord moved to evict it. The bankruptcy case was filed to prevent the eviction and allow the Debtor to continue in operations. Class 5 consists of general unsecured creditors who are owed the sum of $1,000.00 or less. Class 5 is impaired under the Plan. The Debtor shall satisfy Class 5 claims by paying 20% of the allowed claim amount on the Effective Date of the Plan. For the absence of doubt, any creditor who is owed more than $1,000.00 can opt in to Class 5 and accept a payment of $200.00 on the Effective Date in full and final satisfaction of their claim. Upon receipt of that lump sum payment, each Class 5 Claim shall be satisfied in full. For the absence of doubt, based on the Debtor's Claims Analysis, and assuming no creditor opts into Class 5's treatment, Class 5 consists of thirteen creditors, with claim amount ranging from $37.28 through $900.00. The total class of claims equals $3,612.87 and the Debtor will satisfy those claims by paying the total sum of $722.58. Class 6 consists of general unsecured creditors who are owed more than $1,000.00, and who choose not to opt-in to Class 5. No payments shall be made to Class 6 creditors in the first year after the Petition Date. Starting in the second year, Class 6 creditors shall receive quarterly payments of $15,625.00, pro rata for four years with the first payment due within 30-days of the end of the first quarter after the first anniversary of the Effective Date. By way of example, if the Effective Date is August 15, 2026, the first payment shall be made on or before December 30, 2027 and be payable for the three months from September 2027 through November 2027. The result is that the Debtor shall pay $250,000.00 to general unsecured creditors in Class 6 over the term of the Plan, pro rata. To the extent all general unsecured claims described in the Debtor's Claims Analysis are allowed as filed, and after subtracting out the claims in Class 5, Class 6 claims shall receive a dividend of approximately 4.8% on account of their general unsecured claims. The Debtor arrived at this number by reviewing its projected performance over the next 5-years, and accounting for (a) its expected administrative expense claims; and (b) a modest emergency reserve of approximately $200,000.00, equal to roughly 5-months of projected expenses. In the event the Plan is confirmed by consent, Class 8 will retain its Interests in the Debtor which they owned prior to the confirmation date. Otherwise, upon completion of the Debtor's obligations under the Plan, the Debtor's sole shareholder, Jared Davis, will have his 100% equity interest in the Debtor revested in him. The Debtor's Plan is feasible based upon the Debtor's projected income and expenses. The Debtor's projections for the next five years show the Debtor will have sufficient revenue and expenses to cover the guaranteed payments in the Plan. As a result, the Debtor asserts the Plan is feasible. A full-text copy of the Disclosure Statement dated June 30, 2026 is available at https://urlcurt.com/u?l=Qp0Ubj from PacerMonitor.com at no charge. 741 Inc. is represented by: Jonathan M. Dickey, Esq. KUTNER BRINEN DICKEY RILEY, P.C. 1660 Lincoln Street, Suite 1720 Denver, CO 80264 Telephone: (303) 832-2400 E-mail: jmd@kutnerlaw.com About 741 Inc. 741 Inc., doing business as Wisdom Rides of America, manufactures and designs amusement rides from its base in Merino, Colorado. The Company produces attractions such as roller coasters, family rides, and thrill rides, and also provides refurbishment, parts, and maintenance services. Its products serve amusement parks, traveling carnivals, and family entertainment centers across the United States and internationally. 741 Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Col. Case No. 25-15550) on Aug. 28, 2025. In its petition, the Debtor reports total assets of $1,425,326 and total liabilities of $6,760,662. Bankruptcy Judge Thomas B. McNamara handles the case. The Debtor is represented by Jonathan M. Dickey, at KUTNER BRINEN DICKEY RILEY. 99 SE MIZNER: Seeks to Extend Plan Exclusivity to Nov. 17 --------------------------------------------------------- 99 SE Mizner Blvd Unit 627 LLC asked the U.S. Bankruptcy Court for the Southern District of Florida to extend its exclusivity periods to file a plan of reorganization and obtain acceptance thereof to Nov. 17, 2026 and Jan. 16, 2027, respectively. The Debtor commenced this Chapter 11 case to avoid an imminent foreclosure sale and preserve the value of its principal asset for the benefit of all stakeholders. Since the petition date, the Debtor has made substantial progress toward reorganized by pursuing refinancing and settlement with a new lender to satisfy the existing indebtedness and resolve the pending second mortgage foreclosure judgment. However, the Debtor requires additional time to complete the negotiations. The outcome of those efforts will materially affect the Debtor's ability to formulate a feasible plan of reorganization, and the requested extension will allow the refinancing process to proceed and enable the Debtor to propose a plan based on more complete and accurate financial information. The Debtor asserts that it is seeking an extension in good faith and not to unnecessarily delay the progress of its case. Such an extension, if granted, will not prejudice the legitimate interests of creditors and other parties in interest. The proposed extension of the exclusive periods will enable the Debtors to continue their efforts in a structured, efficient, and economical manner, with the goal of preserving and maximizing the value of their assets. About 99 SE Mizner Blvd Unit 627 LLC 99 SE Mizner Blvd Unit 627 LLC, filed a Chapter 11 bankruptcy petition (Bankr. S.D. Fla. Case No. 26-14997-MAM) on April 21, 2026. The Debtor tapped the Law Office of Harry J. Ross as counsel. 99 SE Mizner's counsel can be reached at: Harry J. Ross, Esq. Law Office of Harry J. Ross 6100 Glades Road, Suite 211 Boca Raton, FL 33434 Tel: (561) 482-2400 Fax: (561) 482-2602 E-mail: hross@hjrlaw.com A'LEURER LLC: Updates Westover Terrace Claims Pay Details --------------------------------------------------------- A'leurer LLC submitted an Amended Disclosure Statement describing Plan of Reorganization dated June 30, 2026. The Debtor holds no capital reserves. Instead, the Debtor will be reliant on ongoing operational income to fund its distribution to its creditors in the order of priority. The Debtor's plan is its best effort to reorganize the debts so that it can make a good faith effort to pay the creditors the value of the equity in full satisfaction of the creditors' claims. Under the Debtor's proposed Plan, there is a full payment of administrative, secured claims, priority unsecured debt, as well as pro rata repayment to unsecured creditors. Class 7 provides treatment for unsecured claims and calls for this class to receive pro rata distributions from 5 annual payments of $5,000, beginning one year of the Effective Date. However, to the extent additional equity is created from litigation or objections to claim, those funds will be added to this balance and repaid through additional payments of $5,000. Class 8 provides treatment for the Debtor's lease with Westover Terrace II, LLC. By operation of law, the lease was deemed rejected on June 2, 2026 and the Debtor will surrender the premises on or before July 26, 2026. Administrative claims shall be paid in full on the Effective Date, or under terms acceptable to those claimants. The only known administrative claims at this time are attorney's fees. The Plan calls for all creditors to be paid in excess of the trustee's liquidation value of the estate and it has committed its income and equity to the Plan. Therefore, the Debtors hereby give notice that it intends to seek a discharge upon confirmation of the Plan. A full-text copy of the Amended Disclosure Statement dated June 30, 2026 is available at https://urlcurt.com/u?l=drVYfZ from PacerMonitor.com at no charge. Counsel to the Debtor: J.M. Cook J.M. Cook, P.A. 5886 Faringdon Place, Suite 100 Raleigh, NC 27609 Telephone: (919) 675-2411 Facsimile: (919) 882-1719 E-mail: J.M.Cook@jmcookesq.com About A'Leurer LLC A'Leurer LLC is a privately held limited liability company engaged in business operations. A'Leurer LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D.N.C. Case No. 26-00498) on Feb. 2, 2026. In its petition, the Debtor listed less than $100,000 in assets and $100,001 to $1,000,000 in liabilities. Bankruptcy Judge Joseph N. Callaway handles the case. The Debtor is represented by J.M. Cook, Esq. of J.M. Cook, P.A. ADAMOVSKY REAL: Hires Thompson Law Group PC as Bankruptcy Counsel ----------------------------------------------------------------- Adamovsky Real Estate, LLC seeks approval from the U.S. Bankruptcy Court for the Western District of Pennsylvania to hire Thompson Law Group, P.C. as counsel. The firm will render these services: a. give legal advice with respect to the Debtor's powers and duties as debtor-in-possession; b. take all necessary action to protect and preserve the Debtor's estate, including the prosecution of actions on behalf of the Debtor, the defense of any actions commenced against the Debtor, negotiations concerning all litigation in which the Debtor is involved and object to claims filed against the Debtor's estate; c. prepare all necessary motions, answers, reports, orders, and other legal papers in connection with the administration of the Debtor's estate; d. perform any and all other legal services for the Debtor in connection with its Chapter 11 case; e. perform such legal services as the Debtor may request with respect to any matter appropriate in assisting the Debtor's effort to reorganize. Thompson Law Group's expected hourly billing rates for attorneys is $400, and $90 per hour for services performed by paralegals. Thompson Law Group received a retainer of $10,000 from the Debtor. Thompson Law Group is a "disinterested person" as defined in 11 U.S.C. Sec. 101(14) and its retention is in the best intertest of the Debtors' estate, according to court filings. The firm can be reached through: Brian C. Thompson, Esq. Thompson Law Group, P.C. 301 Smith Drive, Suite 6 Cranberry Township, PA 16066 Telephone: (724) 799-8404 Facsimile: (724) 799-8409 Email: bthompson@thompsonattorney.com About Adamovsky Real Estate, LLC Adamovsky Real Estate, LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. W.D. Pa. Case No. 26-70267) on June 23, 2026, listing $100,001 to $500,000 in assets and $500,001 to $1 million in liabilities. Brian C. Thompson, Esq. at Thompson Law Group, PC serves as the Debtor's counsel. ADDISON DENTAL: Hires Gordon Law Firm PC as Bankruptcy Counsel -------------------------------------------------------------- Addison Dental Associates, PC, seeks approval from the U.S. Bankruptcy Court for the Northern District of Georgia to hire The Gordon Law Firm, PC, as counsel. The firm will provide these services: a. analyzing Debtor's financial situation, and b. advising Debtor in determining whether to file a petition in bankruptcy; c. preparing and filing of any petition, schedules, statements of affairs, disclosure statement, and plan which may be required; and d. representing the Debtor at the Initial Debtor Interview, meeting of creditors and confirmation hearing, and any adjourned hearings thereof; e. drafting all necessary pleadings; responding to all pleadings filed by the trustee and creditors; f. attending all hearings; litigating at trial; and counseling Debtor. The firm will be paid at these hourly rates: Attorneys $395 Office Administrators $195 Sr. Legal Assistants $175 Staff Members $155 The firm received a non-refundable retainer in the amount of $5,000. The firm has also received $500 for out-of-pocket expenses. Sims W. Gordon, Jr., a partner at Gordon Law Firm, PC, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Sims W. Gordon, Jr., Esq. The Gordon Law Firm, PC 400 Galleria Parkway, SE, Suite 1500 Atlanta, GA 30339 Tel: (770) 955-5000 Fax: (770) 955-5010 Email: law@gordonlawpc.com About Addison Dental Associates, P.C. Addison Dental Associates, P.C. is a Smyrna, Georgia-based dental practice specializing in general dental and oral healthcare services. According to the bankruptcy filing, the practice continues to operate as a debtor-in-possession while maintaining its clinical facility in Atlanta during its financial restructuring. Addison Dental Associates, P.C. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-57885) on June 16, 2026. In its petition, the Debtor reported estimated assets of $1 million to $10 million and estimated liabilities of $1 million to $10 million. The Debtor is represented by Sims W. Gordon, Jr., Esq., of The Gordon Law Firm P.C. John T. Whaley is appointed as Subchapter V Trustee. AEB ENTERPRISES: Seeks Chapter 11 Bankruptcy in Nevada ------------------------------------------------------ On July 6, 2026, AEB Enterprises, LLC filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Nevada. According to court filings, the Debtor reports estimated liabilities between $1 million and $10 million owed to 1-49 creditors. The petition lists estimated assets between $1 million and $10 million. Chapter 11 Plan must be filed by November 3, 2026, while the Statement of Financial Affairs is due on July 20, 2026. About AEB Enterprises, LLC AEB Enterprises, LLC is a Henderson, Nevada-based provider of concrete pumping services. The company operates a specialized fleet of Putzmeister and Sany concrete pumping equipment serving projects across Nevada, Texas, Arizona, California, and Utah. AEB Enterprises, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Nev. Case No. 26-14256) on July 6, 2026. In its petition, the Debtor reports estimated assets of $1 million to $10 million and estimated liabilities of $1 million to $10 million. The Honorable August B. Landis, U.S. Bankruptcy Judge, handles the case. The Debtor is represented by Matthew C. Zirzow, Esq. of Larson and Zirzow, LLC. AMBIPAR PARTICIPACOES: Chapter 15 Case Summary ---------------------------------------------- Lead Debtor: Ambipar Participacoes e Empreendimentos S.A. Avenida Pacaembu, no. 1088 Sao Paulo, State of Sao Paulo 01234-0000 Brazil Business Description: Ambipar provides environment management and integrated environmental solutions. The company's services include waste management, water and effluent management, waste-to-energy, decarbonization, emergency response, industrial services, environmental consulting, remediation, and port and offshore support. Ambipar serves sectors including agribusiness, food and beverage, mining, chemicals and petrochemicals, oil and gas, construction, pharmaceuticals, railways, telecommunications, and steel and metallurgy, and operates across more than 40 countries on six continents. Chapter 15 Petition Date: July 9, 2026 Court: United States Bankruptcy Court Southern District of Texas Four affiliates that concurrently filed voluntary petitions for relief under Chapter 15 of the Bankruptcy Code: Debtor Case No. ------ -------- Ambipar Participacoes e Empreendimentos S.A. 26-90710 Ambipar Lux S.a r.l. 26-90711 Environmental ESG Participacoes S.A. 26-90712 Emergencia Participacoes S.A. 26-90713 Judge: Hon. Alfredo R Perez Foreign Representative: Thiago da Costa Silva Avenida Pacaembu, no. 1088 Sao Paulo, State of Sao Paulo 01234-0000 Brazil Foreign Proceeding: The Ambipar Group's judicial reorganization proceeding in Brazil Foreign Representative's Counsel: Jason S. Brookner, Esq. GRAY REED 1300 Post Oak Blvd., Suite 2000 Houston, TX 77056 Tel: (713) 986-7000 E-mail: jbrookner@grayreed.com Estimated Assets: Unknown Estimated Debt: Unknown Full-text copies of the Chapter 15 petitions are available for free on PacerMonitor at: https://www.pacermonitor.com/view/HX52SOA/Ambipar_Participacoes_e_Empreendimentos__txsbke-26-90710__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/2WZVM6I/Ambipar_Lux_Sa_rl__txsbke-26-90711__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/HB5LP5I/Environmental_ESG_Participacoes__txsbke-26-90712__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/5GUYCRQ/Emergencia_Participacoes_SA__txsbke-26-90713__0001.0.pdf?mcid=tGE4TAMA AMERICAN LANGUAGE: Gets Final OK to Use Cash Collateral ------------------------------------------------------- The American Language Kollege, Inc. received final approval from the U.S. Bankruptcy Court for the Southern District of Florida, Miami Division, to use cash collateral through Sept. 28. Under the court order, the Debtor is authorized to use cash collateral in accordance with its approved budget to pay operating expenses and other costs required to administer its Chapter 11 case. The Debtor may also make budget adjustments, provided that total disbursements do not exceed the approved budget by more than 10% without further court approval. The U.S. Small Business Administration will be granted adequate protection through monthly payments of $731 and replacement liens on the Debtor's post-petition assets, including proceeds, with the same validity, priority and extent as its alleged pre-petition liens. The replacement liens do not apply to Chapter 5 avoidance actions. The order does not determine the validity, priority, enforceability, or avoidability of the SBA's asserted liens or claims, nor does it waive any defenses or causes of action available to the Debtor or other parties. The order is available at https://short.do/wDKqqz About The American Language Kollege Inc. The American Language Kollege, Inc. runs an education business providing English language and professional development programs to international students. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-13936) on March 30, 2026. In the petition signed by Desmond Levin, president, the Debtor disclosed up to $10 million in both assets and liabilities. The Debtor tapped Morgan B. Edelboim, Esq., at Edelboim Lieberman PLLC as counsel and Newpoint Advisors Corporation as financial advisor. AMERICAN TRASH: Hires Arch & Beam Global LLC as Financial Advisor ----------------------------------------------------------------- American Trash Management, Inc. seeks approval from the U.S. Bankruptcy Court for the Northern District of California to hire Arch & Beam Global, LLC as its financial advisor. The firm will render these services: a. assist the Debtor with bankruptcy strategy, planning and support; b. assist the Debtor with updates to the Plan and Disclosure Statement that support the reorganization strategy, including feasibility analysis and liquidation analysis; c. assist the Debtor with evaluation of equity interests and potential new money in support of the Plan; d. provide declarations and testimony as needed; and e. provide other tasks as requested by the Debtor. Arch & Beam's standard hourly billing rates are: Senior Managing Directors $950 Managing Directors $825 Directors $725 Senior Associates $650 Associates $595 Staff and Admin $225 to $350 As disclosed in the court filings, Arch & Beam Global, LLC is a "disinterested person" as defined by Sec. 101(14), as modified by Sec. 1107(b). The firm can be reached through: Matthew English Arch & Beam Global, LLC 2500 Camino Diablo - Ste 110 Walnut Creek, CA 94597 Telephone: (415) 252-2900 Facsimile: (415) 358-4486 Email: menglish@arch-beam.com About American Trash Management Inc. American Trash Management, Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Calif. Case No. 25-30743) on September 15, 2025. In the petition signed by Scott Brown, chief executive officer, the Debtor disclosed up to $10 million in both assets and liabilities. Judge Hannah L. Blumenstiel oversees the case. Stephen Finestone, Esq., at Finestone Hayes, LLP, represents the Debtor as legal counsel. AMERIMED EMERGENCY: Court Extends Cash Collateral Access to July 31 ------------------------------------------------------------------- The U.S. Bankruptcy Court for the Northern District of Georgia entered a second interim order authorizing Amerimed Emergency Medical Services, LLC to continue using cash collateral. The second interim order authorized the Debtor to use cash collateral through July 31 in accordance with an approved budget, allowing up to a 10% variance per budget line item and permitting unpaid budgeted expenses to be carried forward and paid in later periods. Lenders such as merchant cash advance providers and the Internal Revenue Service assert liens or security interests in the Debtor's assets, including accounts receivable, deposit accounts, revenue streams, and vehicle-related collateral. To protect these asserted interests, secured creditors will be granted replacement liens on the Debtor's post-petition assets similar to their alleged pre-petition collateral but only to the extent their interests are diminished by the Debtor's use of cash collateral. The replacement liens exclude proceeds from avoidance actions and remain subject to a carveout for U.S. Trustee fees and court-approved professional fees. The order preserves the Debtor's right to challenge the validity, extent, and priority of the secured creditors' asserted liens, while also preserving the secured creditors' rights to seek additional protection, relief from the automatic stay, or other remedies. The Debtor is prohibited from using cash collateral to pay pre-petition debts without further court approval and remains effective through July 31, unless modified or extended by the court. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/R6MAZ from PacerMonitor.com. A final hearing is scheduled for July 28, with objections required to be filed no later than two business days before the hearing. About Amerimed Emergency Medical Services LLC Amerimed Emergency Medical Services, LLC provides emergent and non-emergent medical transportation services, including emergency, non-emergency, critical care, behavioral health, and psychiatric patient transport. It also provides emergency medical personnel services for special events. Amerimed is family owned and operated and is headquartered in Buford, Georgia, with operations in Georgia, Tennessee, South Carolina, Indiana, Ohio, and Florida. Amerimed and affiliate, DMLP, LLC, concurrently filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ga. Lead Case No. 26-20894) on June 2, 2026. At the time of the filing, Amerimed listed assets of between $1 million and $10 million and liabilities of between $10 million and $50 million. Judge James R. Sacca oversees the case. Charles N. Kelley, Jr., Esq., at Kelley Law, LLC serves as the Debtor's bankruptcy counsel. ANTELOPE HOSPITALITY: Gets Court OK to Use Lender's Cash Collateral ------------------------------------------------------------------- Antelope Hospitality, LLC got the green light from the U.S. Bankruptcy Court for the Central District of California, Riverside Division, to use the cash collateral of First Utah Bank through October. The court approved the terms of the Debtor's agreement with First Utah Bank, allowing it to use the bank's cash collateral to pay its expenses based on an approved budget, subject to a 20% variance per month. The court previously allowed the Debtor to use cash collateral under an interim order entered on Dec. 30 last year and an April 20 order approving the Debtor's stipulation with the bank and the U.S. Small Business Administration. The terms set forth in those orders continue to apply, including the provision granting adequate protection to both lenders. As additional protection, the lenders will receive monthly payments until October. The order is available at http://bankrupt.com/misc/AntelopeHospitality_CCOrder122.pdf Antelope Hospitality owns the Scenic View Inn, formerly operating as the Quality Inn View of Lake Powell, located in Page, Arizona, together with an adjoining restaurant and bar operating under a hotel liquor license. After rejecting its franchise agreement with Choice Hotels during the bankruptcy case, the hotel has transitioned to independent operations. Because the business is highly seasonal, it experienced operating losses during the winter months, with those losses funded by loans from the company's equity holders. However, the onset of the tourism season significantly improved operations. The Debtor reports substantially increased revenues and positive net income beginning in May, demonstrating that the hotel is now generating sufficient operating income to sustain its business. Although the Debtor originally intended to reorganize and continue owning the hotel, it determined that a sale would maximize value for creditors and the bankruptcy estate. Following an extensive marketing process that generated several letters of intent, the Debtor is negotiating a purchase agreement with a prospective buyer and anticipates closing the sale by Oct. 30. First Utah Bank holds first and second priority deeds of trust, assignments of rents, and perfected security interests in substantially all of the Debtor's personal property, securing loans totaling approximately $7.7 million. Meanwhile, the SBA holds a third position deed of trust securing approximately $2.3 million. The property is also subject to approximately $176,870 in unpaid property tax liens. While a prior appraisal valued the property between approximately $10 million and $10.5 million, current market conditions indicate a substantially lower fair market value, making the SBA at least partially undersecured. About Antelope Hospitality Antelope Hospitality, LLC, doing business as Scenic View Inn, operates a full-service hotel in Page, Arizona. The hotel is positioned near major Northern Arizona attractions including Antelope Canyon, Horseshoe Bend, Glen Canyon National Recreation Area, Lake Powell, and local dining and shopping options, serving as a base for tourists, photographers, and adventurers. Antelope Hospitality filed for relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Ariz. Case No. 25-12347) on December 22, 2025, listing up to $10 million in assets and up to $50 million in liabilities. Honorable Bankruptcy Judge Paul Sala handles the case. The Debtor is represented by Bradley D. Pack, Esq., at Engelman Berger, PC. First Utah Bank, as secured lender, is represented by: Matthew H. Sloan, Esq. Jennings Haug Keleher McLeod Waterfall, LLP 2800 North Central Avenue, Suite 1800 Phoenix, AZ 85004-1049 Telephone: 602-234-7800 Facsimile: 602-277-5595 mhs@jkwlawyers.com AQUA SPAS: Claims to be Paid from Business Revenue -------------------------------------------------- Aqua Spas Inc. filed with the U.S. Bankruptcy Court for the District of Colorado a Disclosure Statement to accompany Plan of Reorganization dated June 30, 2026. The Debtor is a Colorado corporation that sells hot tubs, spas, and related items at multiple locations in the Colorado area. The Debtor ran into financial issues as a result of increased costs due to tariffs and other economic uncertainty. The Debtor dealt with those issues by taking merchant cash advances to infuse cash into the business. The repayment terms on those merchant cash advances, however, proved to be too onerous for the Debtor, ultimately accelerating, rather than fixing the cash flow issues. As a result, the Debtor filed bankruptcy to stop collection efforts by the merchant cash advance creditors and to allow the Debtor to reorganize. The Debtor filed this case on July 22, 2025. The case was initially filed as a case under Subchapter V, but subsequently converted to a traditional Chapter 11 case. In addition to that, multiple issues of significance have happened since the Petition Date. First, the Debtor closed two of its locations. The Debtor did this in order to cut costs associated with stores that were struggling. Second, the Debtor has been working through a tax dispute with the Colorado Department of Revenue ("CDOR") over the Debtor's sales tax obligations. The Debtor hired an accountant to assist with that. The Debtor ultimately filed a claim objection to CDOR's claim, which objection is pending. Class 17 consists of General Unsecured Claims. Class 17 creditors shall be paid out of the Debtor's net disposable income. The Debtor's Plan does not guaranty any specific payment amounts to general unsecured creditors due to the uncertainty regarding the total amount of the IRS's claim. The Debtor shall pay to creditors all funds in its bank account in excess of $50,000.00 to general unsecured creditors, pro rata at the end of each calendar quarter. The $50,000.00 number has been calculated because it is roughly one week of expenses incurred by the Debtor on average. Allowing the Debtor to build up a cash reserve in that amount will ensure that the Debtor has the ability to respond to unexpected increases in expenses, or other emergencies, as they arise. For the absence of doubt, however, the Debtor's $50,000.00 cash reserve is not a working capital reserve, which is otherwise provided for in the Debtor's projections. Assuming the Debtor does not have a sizeable obligation to the Colorado Department of Revenue, the Debtor projects to pay the sum of $177,727.00 to general unsecured creditors over the life of the Plan. Should the Colorado Department of Revenue's claim be allowed, payments to general unsecured creditors will be reduced significantly. On the Effective Date of the Plan, provided the Plan is confirmed by consent, Class 18 shall retain its ownership interest in the Debtor, subject to the terms of the Plan. Otherwise, the equity's interest will revest upon completion of the Plan. The Debtor shall be empowered to take such action as may be necessary to perform their obligations under this Plan. The Debtor's Plan is feasible based upon the Debtor's projected income and expenses. The Debtor's projections for the next five years, attached hereto as Exhibit C, show the Debtor will have sufficient revenue and expenses to cover the guaranteed payments in the Plan. As a result, the Debtor asserts the Plan is feasible. A full-text copy of the Disclosure Statement dated June 30, 2026 is available at https://urlcurt.com/u?l=5MxpyT from PacerMonitor.com at no charge. Counsel to the Debtor: Jonathan M. Dickey, #46981 KUTNER BRINEN DICKEY RILEY, P.C. 1660 Lincoln Street, Suite 1720 Denver, CO 80264 Telephone: (303) 832-2400 E-mail: jmd@kutnerlaw.com About Aqua Spas Inc. Aqua Spas Inc., a/k/a Spas R Us, sells and services hot tubs and swim spas through its locations in Fort Collins, Greeley, and Castle Rock, Colorado. The Company is a longtime dealer of Master Spas products, including the Michael Phelps Signature Swim Spa line. It also offers spa accessories, chemicals, filters, and related supplies, with shipping available for orders over $100. Aqua Spas Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Col. Case No. 25-14565) on July 22, 2025. In its petition, the Debtor reports estimated assets up to $50,000 and estimated liabilities between $1 million and $10 million. Honorable Bankruptcy Judge Michael E. Romero handles the case. The Debtor is represented by Jonathan M. Dickey, Esq. at KUTNER BRINEN DICKEY RILEY. ASM INVESTMENT: Seeks Chapter 11 Bankruptcy in Pennsylvania ----------------------------------------------------------- On July 6, 2026, ASN Investment Group, LLC filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Eastern District of Pennsylvania. According to the court filing, the debtor reports between $1,000,001 and $10 million in liabilities owed to 1–49 creditors. A meeting of creditors under Section 341(a) to be held on August 10, 2026 at 02:00 PM at Zoom.us - Schanne: Meeting ID 165 982 28576, Passcode 8486219217, Phone 1 (202) 381-3365. The debtor must file its Statement of Financial Affairs and Summary of Assets and Liabilities by July 20, 2026. About ASN Investment Group, LLC ASN Investment Group, LLC is a limited liability company. The bankruptcy petition does not provide a detailed description of the company's business operations. ASN Investment Group, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 2:26-bk-12857) on July 6, 2026. In its petition, the debtor reported estimated assets of $500,001 to $1 million and estimated liabilities of $1,000,001 to $10 million. Honorable Derek J. Baker handles the case. The debtor is represented by Ronald G. McNeil, Esquire, of McNeil Legal Services. AUGIE'S ITALIAN: Seeks Chapter 11 Bankruptcy in New York -------------------------------------------------------- On July 5, 2026, Augie's Italian Restaurant Corp. filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of New York. The court set January 4, 2027, as the deadline for filing both the Small Business Chapter 11 Plan and the Disclosure Statement. About Augie's Italian Restaurant Corp. Augie's Italian Restaurant Corp. is a family-owned Italian restaurant based in Larchmont, New York, serving Westchester County for more than three decades. Located at 94 Chatsworth Avenue, the restaurant is known for its family-style dining concept. Augie's Italian Restaurant Corp. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 26-22666) on July 5, 2026. The Honorable Kyu Young Paek handles the case. The Debtor is represented by H. Bruce Bronson, Jr. of Bronson Law Offices, P.C. AUTOMOTIVE OUTFITTERS: Hires Justin M. Owens CPA LLC as Accountant ------------------------------------------------------------------ Automotive Outfitters, LLC seeks approval from the U.S. Bankruptcy Court for the Northern District of Georgia to employ Justin M. Owens CPA LLC to provide accounting services. Justin M. Owens CPA LLC is a "disinterested person" within the contemplation of 11 U.S.C. Section 101(14), according to court filings. The firm can be reached through: Hanna Hannah, CPA Justin M. Owens CPA LLC 506 Riverside Pkwy, Ste. 202 Rome, GA 30161 Telephone: (706) 237-6070 Facsimile: (706) 237-6522 Email: hanna@jmocpa.com About Automotive Outfitters LLC Automotive Outfitters, LLC, doing business as Trucked Up, provides automotive outfitting and aftermarket vehicle services in Rome, Georgia. The company's work includes vehicle customization, off-road upfits, tires and related automotive projects, serving vehicle owners and customers seeking truck, off-road and automotive accessory services. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ga. Case No. 26-40728) on May 4, 2026. In the petition signed by Steven William Irmscher, co-manager, the Debtor disclosed up to $10 million in both assets and liabilities. Judge Barbara Ellis-Monro oversees the case. Paul Reece Marr, Esq., at Paul Reece Marr, P.C., represents the Debtor as legal counsel. AUTOMOTIVE SOLUTIONS: Case Summary & Four Unsecured Creditors ------------------------------------------------------------- Debtor: Automotive Solutions, Inc. d/b/a Tuffy Tire & Auto Service 1910 W. Dupont Rd. Fort Wayne, IN 46818 Business Description: Automotive Solutions, Inc., doing business as Tuffy Tire & Auto Service, is a Fort Wayne, Indiana-based automotive repair and maintenance company that provides oil changes, tire services, diagnostics, brake and engine repairs, wheel alignments, transmission work, electrical services and preventive maintenance for domestic and foreign cars, trucks and commercial fleets. Chapter 11 Petition Date: July 7, 2026 Court: United States Bankruptcy Court Northern District of Indiana Case No.: 26-10920 Debtor's Counsel: Fred Wehrwein, Esq. FRED WEHRWEIN, P.C. 1910 St. Joe Center Rd., #52 Fort Wayne, IN 46825 Tel: 260-480-5700 E-mail: Wehrweinpc@aol.com Total Assets: $1,190,600 Total Liabilities: $2,063,155 The petition was signed by Kenneth W. Smith as owner and president. A full-text copy of the petition, which includes a list of the Debtor's four unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/ZROEAQA/Automotive_Solutions_Inc__innbke-26-10920__0001.0.pdf?mcid=tGE4TAMA AW FARMS: Seeks to Sell Meat Processing Assets at Auction --------------------------------------------------------- AW Farms, LLC, seeks permission from the U.S. Bankruptcy Court for the Eastern District of Kentucky, Ashland Division, to sell substantially all Assets at auction, free and clear of liens, claims, interests, and encumbrances. The Debtor is a Kentucky limited liability company which maintains its principal place of business and business assets in Greenup County, Kentucky. Debtor owns two adjoining tracts of real property, commonly referred to as Tracts I and II, upon which it operates a USDA-inspected meat processing and agricultural business known as the Meat House, located on Tract I. The business was developed through owner contributions and commercial financing, including multiple loans made by Peoples Bank, Inc. Tamara F. Foster, CFRE, a long-time customer of AW Farms, contacted the Debtor and volunteered to assist in developing a strategy to preserve the Meat House as a going concern. Ms. Foster is an executive leader, organizational turnaround specialist, and Certified Fund Raising Executive with more than twenty-five years of experience advising businesses and nonprofit organizations in the areas of capital campaigns, fundraising, organizational restructuring, strategic planning, and revenue diversification. To facilitate that process, the Debtor negotiated and executed a Binding Term Sheet setting forth the material business terms governing the proposed acquisition. The Binding Term Sheet contemplates an initial purchase price of not less than $750,000, funded through contributions from an "Investor Class" and a "Community Investor Class". Roger Well, the originator of NewCo provided the initial commitment of $65,000 toward the initial capitalization, and additional investor commitments are presently being pursued. The Debtor has elected to form NewCo as its successor under the plan of reorganization, with NewCo to act as Stalking Horse bidder. The proposed Bidding Procedures are intended to implement the understanding with Peoples Bank by promptly establishing a structured sale process which allows sufficient time to market the Assets, solicit competing bids, complete the organization and capitalization of NewCo. The Debtor proposes to use commercially reasonable means, including direct solicitation of strategic and financial purchasers, communications with business brokers, auctioneers, and other industry participants, outreach to prospective investors, community fundraising efforts consistent with the Binding Term Sheet, electronic and print advertising, social media, and such other marketing activities as the Debtor reasonably determines are appropriate to maximize the value of the Assets and encourage higher and better offers. The Debtor submits that the proposed Marketing Procedures are reasonable, consistent with its fiduciary duties as debtor in possession, and complement the proposed Bidding Procedures by promoting a competitive sale process while preserving flexibility to respond to market conditions and prospective purchasers. The Binding Term Sheet establishes the material economic terms of the proposed stalking horse transaction and provides the framework for continued negotiations while the proposed purchaser completes its organization and capital formation activities. About AW Farms LLC AW Farms, LLC operates a meat-processing facility and retail meat business in Greenup County, Kentucky. AW Farms sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Ky. Case No. 26-10034) on February 2, 2026. In the petition signed by Tyler J. Wells, chief executive officer, the Debtor disclosed up to $1 million in assets and up to $10 million in liabilities. Judge Douglas L. Lutz oversees the case. J. Christian Dennery, Esq., at Dennery, PLLC, represents the Debtor as legal counsel. BAXSTO LLC: Amends Unsecureds & Several Secured Claims Pay ---------------------------------------------------------- Baxsto LLC submitted an Amended Disclosure Statement describing Amended Plan of Reorganization dated July 1, 2026. The Debtor proposes to continue to operate its oil and gas interests and to pursue litigation which will bring funds into the estate. The Debtor also intends to liquidate non-core assets. The Debtor will continue to be owned and managed by Ashley Baxter Stout. The Debtor will continue to receive advice from James B. Smith, CPA as requested. Cole Stout will not have a formal role in operation of the Debtor. However, he is expected to remain married to Ashley Baxster Stout. The income and expense projections were originally prepared by Angelo DeCaro and revised by James B. Smith in consultation with Debtor's management. The payments to creditors were calculated by Debtor's counsel. The Debtor's projections assume collections of $1,152,000 per year or $96,000 per month. Class 2 consists of the Allowed Secured Claims of ad valorem tax entities. Class 2 shall be divided in to Class 2A and Class 2B. Class 2A shall consist of Allowed Claims of $3,000.00 or less. Class 2B shall consist of Allowed claims of $3,000.01 or more. The amount of the claim for determination of which subclass shall apply shall be determined based upon the most recent proof of claim filed. According to Exhibit C, there are 57 tax claims. Of these, all but three are less than $3,000.00 and collectively total $15,034.43. The three claims in excess of $3,000.00 total $127,083.23. The claims listed include three claims which are subject to motions to allow late filed claims. If the Debtor learns of additional ad valorem taxes which are not scheduled or the subject of filed proofs of claim, it will work with the creditors to have the claims allowed. The Class 2 Claims shall accrue interest at the interest rate under applicable non-bankruptcy law from and after the Petition Date until paid, except that if interest would begin to accrue at a later date under applicable nonbankruptcy law it shall begin to accrue upon such date. For example, Texas ad valorem tax claims for tax year 2025 shall not begin to accrue interest until February 1, 2026. Class 2A shall be paid in a single payment on or before 30 days after the Effective Date. Class 2B claims shall be paid in twelve equal monthly installments beginning 30 days after the Effective Date. The Debtor estimates that these payments will be $11,661.76. Class 6 shall consist of the holders of Allowed General Unsecured Claims. There are twenty-one unsecured creditors holding claims in the amount of $14,351,072.39 (after denial of the claim of Equity Bank). The Debtor has objected to the claims of Pegaso Energy Services and Sand Separation Solutions in the collective amount of $7,187,715.97. Additionally, the claim of Diversified Lenders in the amount of $3,321,758.13 is the subject of a pending appeal. The amount that Debtor does not dispute is approximately $1,574,321,34. The Debtor has stated that it objects to the unsecured claim of Lea County State Bank but has not identified specific grounds for objection. The Class 6 creditors shall receive a payment on December 15 of each year beginning December 15, 2026 of Debtor's net cash less a reserve of $50,000 for payment of expenses going forward. The Debtor believes that it would be irresponsible to distribute all of its cash on hand since this would not leave the Debtor with any funds to pay expenses going forward. The sum of $50,000 is approximately two months of regular expenses without factoring in non-recurring amounts such as attorney's fees. In addition to the regular distributions from operating income, unsecured creditors shall receive Additional Payments within 30 days after receipt by the Debtor. Additional Payments shall consist of the following: (i) amounts received by the Debtor from sale of assets and (ii) recoveries from litigation less contingent fees, if applicable. Payments to unsecured creditors shall continue until unsecured creditors have received 100% of the amount of Allowed Claims. Because of the absolute priority rule, the Debtor must either (i) obtain approval from the class of unsecured claims, (ii) pay creditors the amount of their Allowed Claims or (iii) provide that no junior class will receive or retain any property on account of their interests. The Debtor's projections indicate that $2,171,287 will be payable through 2030 with approximately $491.184.00 per year payable in subsequent years. The Birch Operations litigation could result in a distribution to the Debtor of approximately $500,000- $700,000 if successful. If the Debtor succeeds in objecting to all of the claims it has disputed, it will take approximately four years to pay the unsecured creditors. If all of the disputed claims are allowed, it will take approximately 25 years to pay the unsecured claims based on the Debtor’s current projections. Class 7 shall consist of the Equity Interest of the Debtor. The Class 7 Equity Interest shall be retained and preserved. The Debtor shall not make any distributions to Class 7 on account of its equity interest until the Class 6 claims have been paid in full. The Plan relies on a combination of operating the Debtor's oil and gas properties and pursuing litigation to generate proceeds for payment of creditors. A full-text copy of the Amended Disclosure Statement dated July 1, 2026 is available at https://urlcurt.com/u?l=lhmhid from PacerMonitor.com at no charge. Counsel to the Debtor: Stephen W. Sather, Esq. David N. Stern, Esq. BARRON & NEWBURGER, P.C. 7320 N. Mopac Expwy, Suite 400 Austin, Texas 78701 Tel: (512) 476-9103 About Baxsto LLC Baxsto LLC, based in Austin, Texas, manages and owns undivided mineral interests in Howard and Borden Counties. Formed in 2014, the Company leases these mineral rights to oil and gas operators for the extraction of oil, gas, limestone, gravel, coal, sulfur, and other minerals. Baxsto LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 25-11291) on Aug. 21, 2025. In its petition, the Debtor estimated assets and liabilities between $10 million and $50 million each. Bankruptcy Judge Shad Robinson handles the case. The Debtor is represented by Stephen W. Sather, at BARRON & NEWBURGER, P.C. BAYLIE'S SQUARE: Gets Court OK to Use Cash Collateral Until Aug. 26 ------------------------------------------------------------------- Baylie's Square Incorporated received interim approval from the U.S. Bankruptcy Court for the Middle District of Florida, Tampa Division, to use cash collateral. The interim authorization remains effective through Aug. 26, when the court will hold a further hearing on continued cash collateral use. Under the interim order, the Debtor is authorized to use cash collateral to pay court-approved expenses, including interim compensation for the Subchapter V trustee, and to fund operating expenses in accordance with the approved monthly budget. The Debtor may also make additional expenditures with the written approval of DFCU Financial within three business days of a request, while retaining the right to seek prompt court approval if any proposed expenditure is disputed. As adequate protection, the Debtor must make monthly payments of $6,700 to DFCU Financial, beginning July 25, and continuing on the 25th day of each month. DFCU Financial received a first-priority perfected post-petition replacement lien on cash collateral with the same priority as its pre-petition lien, while other secured creditors received replacement liens matching the validity and priority of their respective pre-petition interests. Additional safeguards include insurance coverage on collateral and compliance with all debtor-in-possession obligations. The court granted DFCU Financial relief from the automatic stay solely to offset $8,774.52 from the Debtor's bank account against its pre-petition claim, after which the remaining $5,000 in the account must be released to the Debtor. The order remains in effect unless the Debtor's bankruptcy case is converted or dismissed, a Chapter 11 trustee is appointed, a bankruptcy plan is confirmed, or the court orders otherwise after notice and hearing. A copy of the court's order and the Debtor's budget is available at https://short.do/RED1YC from PacerMonitor.com. A continued hearing on the Debtor's use of cash collateral is scheduled for Aug. 26. About Baylie's Square, Incorporated Baylie's Square Incorporated is a Tampa, Fla.-based full-service restaurant. Baylie's Square, Incorporated sought protection under Subchapter V of Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-05017) on June 11, 2026. At the time of the filing, the Debtor had estimated assets of between $100,001 and $500,000 and liabilities of between $500,001 and $1 million. The Debtor is represented by: Samantha L. Dammer, Esq. Bleakley Bavol Denman & Grace 15316 N. Florida Avenue Tampa, FL 33613 Phone: (813) 221-3759 sdammer@bbdglaw.com BECKY'S PET CARE: Gets OK to Use Cash Collateral Until Aug. 31 -------------------------------------------------------------- The U.S. Bankruptcy Court for the Eastern District of Virginia, Alexandria Division, entered a final order authorizing Becky's Pet Care Inc. to use cash collateral. Under the interim order, the Debtor is authorized to use cash collateral from July 1 through Aug. 31 in accordance with its approved budget. The Debtor projects total operational expenses of $181,460 for July and $181,460 for August. The court recognized that the U.S. Small Business Administration asserts a secured claim of approximately $2 million, secured by the Debtor's accounts and payment rights, which constitute cash collateral. For purposes of the order, other asserted junior lienholders were treated as unsecured and were not granted adequate protection. As adequate protection, the Debtor is required to make a $4,500 payment to the SBA in July, and, if the anticipated sale of substantially all assets is not completed during July, a prorated $4,500 payment for August based on the closing date of the sale. To further protect the SBA's interests, the court granted the SBA a replacement lien on all post-petition assets of the Debtor to the extent that the use of cash collateral results in any diminution in the value of its collateral. These adequate protection liens are automatically perfected without the need for additional filings, although the SBA may record financing statements or other documents if it chooses. The adequate protection liens and other protections granted under the order will survive confirmation of a Chapter 11 plan, conversion of the case to Chapter 7, or dismissal of the bankruptcy case. Unless otherwise ordered by the court, the Debtor's authority to use cash collateral will expire at the close of business on Aug. 31. The order preserves the right of any party to seek modification of the adequate protection terms or relief from the automatic stay at a later date. It does not waive or impair any rights, claims, or defenses of the Debtor, its estate, creditors, or the SBA regarding the validity or extent of any liens or interests in the cash collateral. The order is available at http://bankrupt.com/misc/BeckysPetCare_FCCOrder62.pdf About Becky's Pet Care Inc. Becky's Pet Care, Inc. provides dog walking, pet sitting, and training services in Northern Virginia. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Virg. Case No. 26-11295) on May 28, 2026. In the petition signed by Becky O'Neil, president, the Debtor disclosed up to $50,000 in assets and up to $10 million in liabilities. Justin P. Fasano, Esq., at McNamee Hosea, P.A., represents the Debtor as legal counsel. BENNETT SHISHA: Leon Jones Named Subchapter V Trustee ----------------------------------------------------- The Acting U.S. Trustee for Region 21 appointed Leon Jones, Esq., at Jones & Walden, LLC, as Subchapter V trustee for Bennett Shisha Tobacco, LLC. Mr. Jones will be paid an hourly fee of $500 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Jones declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Leon S. Jones, Esq. Jones & Walden, LLC 699 Piedmont Ave. NE Atlanta, GA 30308 Phone: (404) 564-9300 ljones@joneswalden.com About Bennett Shisha Tobacco LLC Bennett Shisha Tobacco, LLC is an Atlanta, Georgia-based tobacco product retail business. As of July 2026, the company operates as a retailer within the tobacco sector and maintains its principal office in a virtual workspace in Atlanta. Court records do not specify the reasons for the Chapter 11 filing. Bennett Shisha Tobacco sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ga. Case No. 26-58526) on July 2, 2026. In its petition, the Debtor reported between $1 million and $10 million in both assets and liabilities. Honorable Jonathan W. Jordan handles the case. BETTER BATH: Court Extends Cash Collateral Access to Aug. 15 ------------------------------------------------------------ Better Bath Better Body, LLC received another extension from the U.S. Bankruptcy Court for the Western District of Kentucky to use cash collateral. The court entered a second interim order authorizing the Debtor to use cash collateral through August 15 in accordance with an approved budget, which projects total operational expenses of $81,850 for July. Permitted expenditures include administrative expenses of the Chapter 11 case, and payments to secured creditors as adequate protection. Secured creditors asserting interests in the Debtor's assets include the U.S. Small Business Administration, Five Star Bank, Goldman Sachs Bank, On Deck Capital, and Kensington Holdings. As adequate protection, secured creditors will be granted replacement liens on the Debtor's post-petition property, including proceeds and products of collateral, to the same extent and priority as their pre-petition liens. These replacement liens are deemed valid, perfected, and enforceable as of the petition date without the need for additional filings, but they may not prime existing liens held by other creditors. Additional safeguards include maintaining adequate insurance on its assets throughout the interim period. The interim order provides for a carveout for payment of court fees and up to $25,000 in allowed professional fees. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/kTI97 from PacerMonitor.com. A final hearing is scheduled for Aug. 15. About Better Bath Better Body LLC Better Bath Better Body LLC markets bath products primarily through Amazon, operates an office in Louisville and a fulfillment warehouse in Shelbyville. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Kent. Case No. 26-31525-mbn) on June 3, 2026. In the petition signed by Jason Clegg, manager, the Debtor disclosed up to $500,000 in assets and up to $1 million in liabilities. Judge Mary Elisabeth Naumann oversees the case. Charity S. Bird, Esq., at Kaplan Johnson Abate & Bird LLP, represents the Debtor as legal counsel. BITCOIN DEPOT: Court Approves $1.4MM Chapter 11 Asset Sale ---------------------------------------------------------- Rick Archer of Law360 Bankruptcy Authority reports that a Texas bankruptcy court has authorized cryptocurrency kiosk operator Bitcoin Depot to proceed with the sale of more than $1.4 million in assets following a competitive auction held last week. The approval marks another step in the company's Chapter 11 case as it works to liquidate selected assets and maximize recoveries for creditors. According to court proceedings, the assets were offered through a court-approved bidding process designed to attract competitive offers. After reviewing the auction results, the debtor selected the highest or best bids and requested authorization to finalize the sales, arguing that the transactions were in the best interests of the bankruptcy estate. With the court's approval, the successful purchasers may now complete the acquisitions. The sale proceeds are expected to support the company's ongoing restructuring and creditor repayment process under Chapter 11, the report states. About Bitcoin Depot Inc. Bitcoin Depot, Inc. is a Delaware corporation with its principal place of business in Georgia that operates the largest cryptocurrency kiosk network in North America, claiming to operate more than 8,400 Bitcoin ATMs across the United States, Canada, and Puerto Rico. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90528) on May 18, 2026. In the petition signed by W. Alexander Holmes, director, the Debtor disclosed up to $50 million in both assets and liabilities. Paul E. Heath, Esq., at Vinson & Elkins LLP, represent the Debtor as legal counsel. BLOOMIN CRAZY: Case Summary & 20 Largest Unsecured Creditors ------------------------------------------------------------ Debtor: Bloomin Crazy Nursery and More, Inc. 47 Waterford Business Center Way Leland, NC 28451 Case No.: 26-03092 Business Description: Bloomin' Crazy Nursery and More is a Belville, North Carolina-based nursery, garden center, and landscaping services company opened in 2018. The company sells plants, trees, shrubs, mulch, soil, sand, stone, pavers, and outdoor-living products, and provides landscape design and installation, irrigation services, night lighting, hardscaping, and related delivery and installation services. Bloomin' Crazy Nursery and More serves residential and commercial customers in Wilmington, Leland, and surrounding areas of New Hanover, Brunswick, and Pender Counties. Chapter 11 Petition Date: July 8, 2026 Court: United States Bankruptcy Court Eastern District of North Carolina Judge: Hon. David M Warren Debtor's Counsel: George Mason Oliver, Esq. THE LAW OFFICES OF GEORGE OLIVER, PLLC PO Box 1548 New Bern, NC 28563 Tel: 252-633-1930 Fax: 252-633-1950 Estimated Assets: $1 million to $10 million Estimated Liabilities: $1 million to $10 million The petition was signed by Kenneth G. Frank 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/GD77X5Y/Bloomin_Crazy_Nursery_and_More__ncebke-26-03092__0001.0.pdf?mcid=tGE4TAMA BLOOMIN' CRAZY: Case Summary & Seven Unsecured Creditors -------------------------------------------------------- Debtor: Bloomin' Crazy Landscape Contractors, LLC 47 Waterford Business Center Way Leland, NC 28451 Business Description: Bloomin' Crazy Landscape Contractors provides residential and commercial landscaping services, including landscape design and installation, grading, sod installation, erosion control, tree planting, hardscaping, retaining-wall construction, outdoor-kitchen installation and landscape lighting. The company is based in Leland, North Carolina. Chapter 11 Petition Date: July 8, 2026 Court: United States Bankruptcy Court Eastern District of North Carolina Case No.: 26-03093 Judge: Hon. David M Warren Debtor's Counsel: George Mason Oliver, Esq. THE LAW OFFICES OF GEORGE OLIVER, PLLC P.O. Box 1548 New Bern, NC 28563 Tel: 252-633-1930 Fax: 252-633-1950 Estimated Assets: $500,000 to $1 million Estimated Liabilities: $1 million to $10 million The petition was signed by Kenneth G. Frank as managing member. A full-text copy of the petition, which includes a list of the Debtor's seven unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/HPNFQUY/Bloomin_Crazy_Landscape_Contractors__ncebke-26-03093__0001.0.pdf?mcid=tGE4TAMA BRASS WORKS: Unsecured Creditors to be Paid in Full in Plan ----------------------------------------------------------- Brass Works Urban Renewal Company, LLC filed with the U.S. Bankruptcy Court for the District of New Jersey a Disclosure Statement describing Plan of Reorganization dated June 30, 2026. The Debtor is a New Jersey limited liability company formed to own and manage membership interests in the entity that owns The Cliffs, a luxury residential rental property (with approved plans for condominium conversion) located at 100 Paterson Plank Road, Jersey City, New Jersey 07307. The Cliffs has been described as the "crown jewel" of the Greer family. The property was developed from a dilapidated warehouse into an A+ residential building and placed in service in 2008. It has been operated and managed by City Homes and Gardens, LLC and Rob Greer. The project was initially intended as a condominium but converted to rental use during the 2008 financial crisis. The property is subject to a senior mortgage held by QuadReal (or its predecessor Key Bank). The Cliffs at Jersey City, LLC owns the property; Brass Works Urban Renewal Company, LLC (the Debtor) is the 100% Member and Manager of Paterson Plank RD J-C, LLC (the "Company" or "JV"); and ASVRF Paterson Plank RD J-C, LLC ("ASVRF") holds the Class B Membership Interest in the Company, while the Debtor holds the Class A Membership Interest and serves as Manager. On April 29, 2026, ASVRF served a defective Notification of Disposition of Collateral under the UCC, announcing a public sale (via auction at Adler & Stachenfeld LLP on July 24, 2026, with Zoom option) of all of the Debtor's right, title, and interest in: (i) its equity membership interest in Paterson Plank RD J-C, LLC; (ii) all other LLC interests in the Company; and (iii) all other collateral pledged under the Transaction Documents. The UCC Sale would have extinguished the Debtor's interests in the Company, which the Debtor values at approximately $60+ million (supported by the $150 million stabilized valuation narrative contained in the Offering Memorandum). To preserve the Debtor's substantial equity and prevent an inequitable and legally deficient forfeiture, the Debtor filed its voluntary Chapter 11 petition on May 22, 2026. Class 2 consists of General Unsecured Claims. Paid in full in Cash, with interest form the Petition Date at the federal judgment rate on the Effective Date or within 30 days thereafter. Aggregate estimated at $1.9M (scheduled -$1.4M + $500k contingency). This Class is unimpaired. Class 3 consists of Equity Interests in the Debtor. Retained in full by current holder. Reorganized Debtor continues with pre petition equity structure intact. All economic, voting, and governance rights preserved. -$60M Class A equity value retained. On the Effective Date (the first Business Day that is 120 days after the Confirmation Date, or such earlier date as the Debtor may designate): (i) all Allowed Administrative, Priority Tax, Priority Non-Tax and Unsecured Claims shall be paid in full; (ii) the ASVRF Secured Claim shall be cured and reinstated, with the Debtor's managerial rights and all other LLC Agreement rights restored; (iii) the Reorganized Debtor (as reinstated Manager) shall, on behalf of the Company effectuate the redemption of ASVRF's Class B interests in the Company per the LLC Agreement, funded by refinancing or sale of The Cliffs; and (iv) all Equity Interests are retained. The Plan is funded by the proceeds from the refinance of the Cliffs and, to the extent needed, contributions from the Debtor's principals. The Reorganized Debtor shall use commercially reasonable efforts to consummate the refinancing of the Cliffs sufficient to fund all Plan obligations and position the project for long-term success. A full-text copy of the Disclosure Statement dated June 30, 2026 is available at https://urlcurt.com/u?l=oClYwY from PacerMonitor.com at no charge. The Debtor's Counsel: Andreas Koutsoudakis, Esq. DAVIDOFF HUTCHER & CITRON LLP 605 Third Avenue New York, NY 10158 Tel: 212-557-7200 Fax: 212 286 1884 E-mail: aak@dhclegal.com About Brass Works Urban Renewal Company Brass Works Urban Renewal Company, LLC, is a Jersey City, New Jersey-based real estate company associated with The Cliffs Lofts, a 120-unit residential building in Jersey City. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.N.J. Case No. 26-15809) on May 22, 2026, with $50 million to $100 million in assets and $10 million to $50 million in liabilities. Robert M. Greer, manager, signed the petition. Andreas Koutsoudakis, at DAVIDOFF HUTCHER & CITRON LLP, is serving as the Debtor's legal counsel. BTWFU & GCFU: Continued Operations & Sale Proceeds to Fund Plan --------------------------------------------------------------- BTWFU & GCFU, LLC filed with the U.S. Bankruptcy Court for the Southern District of Texas a Disclosure Statement describing Plan of Reorganization dated June 30, 2026. The Debtor is an oil and gas production company that owns and operates two waterflood units in Pecos County, Texas: the Brown Thorp Waterflood Unit (BTWFU) and the Grand Clearfork Unit (GCFU). The Debtor's business consists of the production of oil through secondary recovery operations utilizing waterflood technology. The Leases produce from the Upper and Lower Clearfork intervals, with the Lower Clearfork interval having produced more than 85% of historic oil production. The Debtor's sole affiliate is GreenStone Energy, LLC, which serves as the Managing Member of the Debtor and as the licensed Operator of the BTWFU and GCFU with the Railroad Commission of Texas. John N. Pollard, Jr. is the Sole Manager of GreenStone. GreenStone is owed approximately $1,200,000 by the Debtor for operator services and advances provided under the Joint Operating Agreement. North Bay Drywall sent a foreclosure notice and demand for payment on December 24, 2025. The Debtor does not agree with the amounts requested. An organized sale of the assets was always the plan for repayment. North Bay Drywall posted the properties for foreclosure on February 3, 2026. In order to stop the foreclosure sale scheduled for February 2026, the Debtor filed for bankruptcy protection on January 30, 2026, under Chapter 11 of the Bankruptcy Code. Since filing for bankruptcy, the Debtor has maintained the Leases in accordance with the Unit Agreements and with the RRC reporting and regulatory testing requirements. There are approximately 77 well bores on the two Leases, with 23 water injection wells that require mechanical integrity tests every year. These Leases are under close scrutiny by the RRC due to the compliance and regulatory violations of the previous operator under Bolen. The Plan contemplates a two-phase approach: (1) continued development and operations of the Leases by the Debtor under the management of GreenStone Energy, LLC, focusing on the successful completion and restimulation of BTWFU 1925 and BTWFU 3503 and the restoration of ten priority legacy wells to consistent production; and (2) an organized sale of the Leases and associated assets within twelve months, implemented through approval of a Chapter 11 plan. Because the Debtor is a single-purpose entity, the transaction may be structured as a sale of the Debtor's membership interests (an entity sale) or as an asset sale, whichever maximizes value. The Plan establishes a priority payment waterfall governing distributions from operations and sale proceeds. Class 5 consists of General Unsecured Claims. Pro rata distribution from available funds after satisfaction of higher-priority claims. Class 6 is Impaired. Class 6 consists of Equity Interests. GreenStone shall retain its equity interests in the Debtor at the time of Confirmation. The Reorganized Debtor will continue to operate the BTWFU and GCFU pursuant to the development plan. GreenStone Energy, LLC will continue to fund operating expenses, lease-maintenance costs, and the agreed development program necessary to keep the Leases valid and in RRC compliance. The development plan focuses on: (a) completion of BTWFU 1925 and BTWFU 3503 through additional acid treatments, breakdown of clogged perforations, and an optimized pumping/fluid strategy, targeting approximately 30 BOPD each; and (b) returning ten priority legacy wells (BTWFU 3502, 1816, 1903, 1911, 1912, 1924; GCFU 1514, 2905, 3513, 1703) to consistent production, with a combined field target of approximately 75 BOPD. The parties' shared objective is an organized sale of the Leases and associated assets within twelve (12) months, implemented through a Chapter 11 plan and/or a Section 363 sale, subject to Bankruptcy Court approval. The Debtor believes the successful completion of BTWFU 1925 and BTWFU 3503 is the key catalyst for value realization: it proves the concept, validates the Cobb Engineering study, and derisks the additional identified drilling locations. Marketing will be run with a qualified divestiture advisor. A full-text copy of the Disclosure Statement dated June 30, 2026 is available at https://urlcurt.com/u?l=Xsn7ya from PacerMonitor.com at no charge. BTWFU & GCFU, LLC is represented by: Stephanie D. Curtis, Esq. CURTIS | LAW PC 901 Main Street, Suite 6230 Dallas, TX 75202 Telephone: (214) 752-2222 Facsimile: (214) 752-0709 Email: scurtis@curtislaw.net About BTWFU & GCFU, LLC BTWFU & GCFU, LLC, is an oil and gas production company that owns and operates two waterflood units in Pecos County, Texas: the Brown Thorp Waterflood Unit (BTWFU) and the Grand Clearfork Unit (GCFU). The Debtor filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-30626) on Jan. 30, 2026, listing $1 million to $10 million on both assets and liabilities. The petition was signed by John N. Pollard Jr as managing member of owner and operator. Judge Jeffrey P Norman presides over the case. Stephanie D. Curtis, at Curtis Law PC, serves as the Debtor's counsel. BUILT USA: Gets Extension to Access Cash Collateral --------------------------------------------------- Built USA, LLC received fourth interim approval from the U.S. Bankruptcy Court for the Middle District of Florida, Tampa Division, to use cash collateral. Under the fourth interim order, the Debtor is authorized to use cash collateral to pay court-approved expenses, operating costs listed on its budget (subject to a 10% variance for each line item), and any additional expenditures approved by secured creditors. This authorization will continue until further court order. The Debtor has previously operated under three interim cash collateral orders since filing for Chapter 11 protection on Dec. 16, 2025. The creditors that may claim blanket liens on the Debtor's cash and inventory include NextGear Capital, Inc. and the U.S. Small Business Administration, which hold claims of $326,000 and $132,839, respectively. The Debtor estimates these claims are secured by $135,518.22, consisting of $38,518.22 in cash and $97,000 in inventory. Secured creditors will be granted adequate protection through perfected post-petition replacement liens on cash collateral, with the same validity, extent, and priority as their pre-petition liens. In addition, the SBA and NextGear will continue to receive monthly payments of $683 and $2,900, respectively. Additional safeguards include insurance coverage on the Debtor's property in accordance with its loan and security agreements. The order preserves the rights of all parties to seek modified adequate protection or additional restrictions on cash collateral use, as well as the rights of any future creditors' committee to challenge the validity, priority, or extent of asserted liens. The order is available at http://bankrupt.com/misc/BUILTUSA_ICCOrder104.pdf The next hearing is scheduled for Aug. 26. About Built USA LLC Built USA, LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 25-09453) on Dec. 16, 2025, with assets of between $100,001 and $500,000 and liabilities of up to $50,000. Judge Hon. Caryl E Delano oversees the case. The Debtor is represented by: Buddy D. Ford, Esq. Jonathan A. Semach, Esq. Heather M. Reel, Esq. Ford & Semach, P.A. 9301 West Hillsborough Avenue Tampa, FL 33615-3008 Telephone #: (813) 877-4669 Office Email: All@tampaesq.com Buddy@tampaesq.com Jonathan@tampaesq.com Heather@tampaesq.com BULLIVANT HOUSER: Claim No. 25 Subject to Mandatory Subordination ----------------------------------------------------------------- Judge Peter C. McKittrick of the U.S. Bankruptcy Court for the District of Oregon held that that Thomas Hutchinson's Claim No. 25 in the bankruptcy case of Bullivant Houser Bailey, PC is subject to mandatory subordination under Sec. 510(b). The dispute in this case is whether Hutchinson's claim for breach of a pre-petition contract obligating the debtor to repurchase the creditor's shares is allowable as a general unsecured claim or, instead, mandatorily subordinated under Sec. 510(b). Creditor filed Claim No. 25 on April 13, 2026, asserting that he is owed $28,001.93 by the Debtor. The basis of the Claim is a breach of contract. Creditor is a former employee and shareholder of Debtor. As a shareholder, Creditor was a party to a Buy-Sell Agreement with Debtor. The Agreement obligated Debtor to pay $100,000 for Creditor's shares if Creditor became disabled or retired. The Agreement provides that payment for the shares will be made in 12 equal quarterly installments beginning 60 days after the date of retirement or a determination of disability. Creditor claims that he became disabled on March 15, 2024. Debtor, however, commenced making equal installment payments 60 days after Creditor retired on October 31, 2024. Creditor ultimately received only three payments before Debtor filed bankruptcy in December of 2025. Creditor contends that three additional payments totaling $25,000 were due between the date payments should have commenced and the date he received his first payment. Debtor maintains it complied with the Agreement by commencing payments sixty days after Creditor's retirement in October of 2024. In November of 2025, Creditor filed a breach of contract complaint in Multnomah County Circuit Court, seeking recovery of the three payments. Shortly thereafter, Debtor filed its chapter 11 petition. Creditor, in the Claim, seeks recovery of the three payments plus interest. Debtor filed an objection to the Claim, arguing that it should be allowed only as a Class 4 former shareholder claim under the Second Amended Plan of Liquidation because it is subject to mandatory subordination under 11 U.S.C. Sec. 510(b). Creditor filed a response to the objection, arguing that the Claim is not subject to mandatory subordination because it is not a claim for legal damages that the Court must determine in terms of value or amount, it is for the payment of past due payments of fixed amounts. Judge McKittrick holds, "Here, Creditor's claim for breach of contract arose from Creditor's equity position in Debtor and Debtor's contractual obligation to compensate Creditor for that equity. Therefore, the substance of the Claim is a request for a distribution on account of an equity interest. The Claim must be subordinated under Sec. 510(b) to effectuate one of the general principles of corporate and bankruptcy law: that creditors are entitled to be paid ahead of shareholders in the distribution of corporate assets." A copy of the Court's Memorandum Decision dated July 2, 2026, is available at http://urlcurt.com/u?l=W4VtYpfrom Pacermonitor.com. About Bullivant Houser Bailey, PC Bullivant Houser Bailey PC was a West Coast law firm founded in 1938 and headquartered in Portland, Oregon, with offices in California, Washington, and Nevada. The firm offered a broad range of legal services, including corporate law, commercial litigation, employment, real estate, insurance coverage, and products liability. Bullivant Houser Bailey PC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Cal. Case No. 25-31017) on December 15, 2025. In its petition, the Debtor reports estimated assets and liabilities between $1 million and $10 million each. Honorable Bankruptcy Judge Dennis Montali handles the case. The Debtor tapped Kevin W. Coleman, Esq., at Nuti Hart LLP as counsel and Donlin, Recano & Company, LLC as claims and noticing agent. BURWOOD LLC: Seeks to Hire Allen Jones & Giles PLC as Attorney -------------------------------------------------------------- Burwood, LLC seeks approval from the U.S. Bankruptcy Court for the District of Arizona to hire Allen, Jones & Giles, PLC as attorneys. The firm's services include: a. providing the Debtor with legal advice with respect to its reorganization; b. representing the Debtor in connection with negotiations involving secured and unsecured creditors; c. representing the Debtor at hearings set by the Court in Debtor's bankruptcy case; d. preparing necessary applications, motions, answers, orders, reports or other legal papers necessary to assist in the Debtor's reorganization. The firm's current hourly rates are: Anthony P. Cali, Member $575 Thomas H. Allen, Member $550 Michael A. Jones, Member $550 Philip J. Giles, Member $525 David B. Nelson, Associate $425 Ryan M. Deutsch, Associate $350 Zachary Phillips, Associate $325 Legal Assistants and Law Clerks $205 to $235 AJG received a retainer of $41,738. From the retainer, $40,173 was applied to pre-petition fees and costs. As disclosed in the court filings, Allen, Jones & Giles, PLC is a "disinterested person" within the meaning of 11 U.S.C. Sec. 101(14). The firm can be reached through: Anthony P. Cali, Esq. Allen, Jones & Giles, PLC 1850 N. Central Ave., Suite 1025 Phoenix, AZ 85004 Phone: (602) 256-6000 About Burwood, LLC Burwood, LLC, doing business as StressLess Remodeling, is a family-owned and operated remodeling company with offices in Phoenix, Albuquerque, and Escondido. The company provides cabinet refacing, kitchen remodeling, countertop resurfacing, Rubber Stone installation, and concrete coating systems. StressLess Remodeling serves homeowners across Arizona, New Mexico, and California, including the Phoenix, Albuquerque, Escondido, and San Diego markets. Burwood, LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Ariz. Case No. 26-06345) on June 26, 2026, listing $1 million to $10 million on both assets and liabilities. The petition was signed by Derek Wood as managing member. Judge Daniel P Collins presides over the case. Anthony Cali, Esq. at ALLEN, JONES & GILES, PLC serves as the Debtor's counsel. C & S ADKINS: Gets Final OK to Use Cash Collateral -------------------------------------------------- The U.S. Bankruptcy Court for the Southern District of Indiana granted C & S Adkins Enterprises, Inc. final approval to use cash collateral. Under the final order, the Debtor is authorized to use cash collateral in the ordinary course of business in accordance with its approved budget. Spending in any budget category must not exceed the authorized amount by more than 10%, and the Debtor must maintain at least 90% of its projected net cash flow. Depository institutions are directed to release funds to permit the authorized use of cash collateral while the Debtor must maintain its existing bank accounts. As adequate protection, secured creditors will be granted automatically perfected replacement liens on post-petition cash collateral and property of the same nature and priority as their pre-petition liens, but only to the extent the use of cash collateral diminishes the value of their collateral. Additionally, the Debtor must preserve its assets, maintain adequate insurance, comply with all reporting requirements, and refrain from selling or encumbering collateral or making payments outside the approved budget without further court authorization. The court reserves all parties' rights to dispute the extent, validity, priority, or perfection of any liens, making no final determination on those issues in this order. Events that would terminate the Debtor's authority to use cash collateral include failure to comply with the budget or order terms, appointment of a trustee, conversion or dismissal of the Debtor's Chapter 11 case, or unauthorized payments. The final order is available at http://bankrupt.com/misc/CandSAdkins_FCCOrder30.pdf About C & S Adkins Enterprises Inc. C & S Adkins Enterprises, Inc. filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. S.D. Ind. Case No. 26-03473) on May 29, 2026, with $500,001 to $1 million in both assets and liabilities. Judge Jeffrey J. Graham presides over the case. KC Cohen, Esq., at Kc Cohen, Lawyer, PC represents the Debtor as bankruptcy counsel. CABLE ONE: Moody's Lowers CFR to B2 & Alters Outlook to Negative ---------------------------------------------------------------- Moody's Ratings downgraded Cable One, Inc.'s (Cable One or the Company) ratings, including its Corporate Family Rating to B2 from B1 and Probability of Default Rating to B2-PD from B1-PD. Moody's also downgraded the rating on the Company's existing senior unsecured notes to Caa1 from B3. The Ba3 senior secured credit facilities were placed on review, direction uncertain. The outlook was changed to negative from stable, and the speculative grade liquidity rating (SGL) remains unchanged at SGL-2. The actions reflect Moody's views that the credit profile will be weaker than previously expected through 2028 following the Mega Broadband acquisition, with softer credit metrics and a longer path to stabilization in the core high-speed-data (HSD) business. Operating trends are expected to decline for longer than anticipated, as results from the Company's new customer acquisition and retention strategies under new leadership will take time to materialize, particularly amid intensifying competition in residential broadband. The Company's valuation has also declined materially, driving a higher cost of capital needed to fund the remaining purchase of Mega Broadband later this year. On June 22, 2026, Cable One announced an exchange offer under which up to 50% of existing Mega lenders could receive 50% cash and 50% in a new first-lien first-out (FLFO) facility alongside existing Cable One lenders. The remaining 50% would be converted into new first-lien second-out (FLSO) debt at par. The first-lien first-out facility was expected to be capped at $1.4 billion, implying that any new money raised to refinance a portion of (i) Cable One and Mega debt and (ii) fund the remaining acquisition of Mega Broadband would likely be issued as first-lien second-out debt. On June 24, 2026, the Company announced that only lenders of 34% of Mega's loans agreed to participate in the exchange. The Company has the option to proceed with or cancel the exchange offer and could also elect not to guarantee or assume Mega Broadband's debt. As a result, significant uncertainty remains regarding the longer-term capital structure, and varying mixes of FLFO and FLSO could result in different instrument notching outcomes for Cable One's secured credit facilities. Following GTCR's exercise of its put option on January 02, 2026, Cable One is obligated to acquire the remaining 55% interest in Mega Broadband at a minimum closing date of October 01, 2026. The price of the remaining equity interest is a double-digit multiple of EBITDA determined in 2020 when valuations in the sector were much higher. As a result, Cable One's debt obligations will increase between $480 million and $1.4 billion following the acquisition, depending on how much of Mega's debt is exchanged into Cable One debt. RATINGS RATIONALE Cable One's B2 CFR is constrained by declining operating trends in residential broadband, high financial-leverage and limited free cash flow. Residential data revenues in the first quarter of 2026 continued the negative trajectory observed in 2025, declining 5.1% year over year, as the subscriber base fell by 57,900 (6.1%). While 2025 included one-time subscriber losses related to the Company's billing platform migration (21,600 in Q3), the ongoing declines reflect an intensifying competitive environment with increased overlap from gig-capable providers and fixed wireless access (FWA) across the footprint. Cable One has historically operated in markets with fewer high-speed competitors, allowing it to sign customers to relatively high average revenue per user (ARPU) offerings without aggressive go-to-market or retention strategies, leaving it more exposed as competition has ramped up. In response, Cable One, has recently launched several initiatives to reduce churn including expanded sales capacity, new pricing and segmentation strategies, add-on product roll-outs and upgrading to a primarily multi-gig network. These efforts will take time to materialize and carry execution risk, particularly alongside the integration of Mega post-close. Moody's forecasts residential data subscribers will decline in the mid-single digit range through 2026, before slowing to low single digits in 2027 and 2028 while ARPU will remain relatively flat as demand for higher-speed offerings is offset by reduced pricing power in the footprint. As of Q1 2026, Debt/EBITDA is high at 4.4x or 5.1x pro-forma for the purchase of Mega (and assumption or refinancing all of its debt) and excluding equity method losses and certain one-time items (or 5.7x and 6.3x Moody's standard adjusted). Though the business mix continues to shift towards the high-margin HSD business, revenue declines and investments related to the strategy shift will likely result in slight declines in EBITDA margin through 2026, with the margins then stabilizing in the high 40 percent range through 2028. Free cash flow is projected to be under 5% of outstanding debt as a result of weaker earnings, high-cost new debt issuance and the significant capital intensity required to maintain, upgrade and expand the network. As a result, the Company has limited flexibility to reduce leverage with cash flow generation, and Moody's adjusted debt/EBITDA is likely to remain around 5x in 2027 and 2028. However, if the Company does not assume Mega's debt, and only raises funds for the equity purchase, Moody's expects leverage and free cash flow to debt will be around 4.5x and 5% at the end of 2027 (this measure excludes Mega's debt and earnings). Cable One's credit profile is supported by its geographically diverse Hybrid Fiber-Coaxial and fiber network, along with consolidated and unconsolidated assets it could monetize. The network is fully capable of delivering 1Gbps speeds, with increasing multi-gig penetration and significant unused capacity that allows it to support rising data consumption without service degradation. While go-forward cash flow is expected to decline from historical levels, the Company retains financial flexibility, including approximately $250 million of book value in non-consolidated investments and the potential to monetize its owned fiber assets at an attractive multiple relative to its current market valuation. The acquisition of Mega Broadband provides benefit in the form of increased scale, adding approximately 180 thousand residential data subscribers and incremental geographic diversification. In addition, Cable One has had a long runway to prepare for the integration, which offers some offsetting support to execution risk. The negative outlook reflects the risk that Cable One may assume or refinance all or a portion of Mega's debt, potentially resulting in leverage above 5x and constrained free cash flow due to higher interest expense and capital intensity. It also incorporates the potential risk that Cable One opts to provide support ahead of Mega's November 2027 maturity, even if the debt is not immediately assumed. Additionally, it reflects limited visibility into sustained success in stabilizing operating trends amid rising competitive pressures and continued declines in the HSD business. In connection with the review of the senior secured credit facilities, Moody's will focus on the instruments' expected relative positioning within the capital structure following a refinancing and/or the closing of the Mega acquisition. The rating on the senior secured facilities could range from three notches above to one notch below the CFR depending on the amount of FLFO, FLSO and participation of Cable One and Mega creditors. Moody's expects the Company to maintain good liquidity, as evidenced by its SGL-2 rating with balance sheet cash of around $150 million over the next 12-18 months, and free cash flow of $100-$180 million, depending on how much debt is assumed by Cable One. The Company currently has access to a $1.25 billion revolving credit facility expiring February 2028, with $550 million drawn as of Q1 2026. The Company is subject to two maintenance covenants tested quarterly: (i) maximum total net leverage of 5.0x, which steps up to 5.5x for four quarters post-acquisition of Mega, then steps back down to 5.0x and (ii) maximum first lien net leverage of 4.25x. Moody's expects modest cushion on the total leverage covenant over the next year. Cable One could also monetize previously mentioned consolidated and unconsolidated assets to reduce debt. STRUCTURAL CONSIDERATIONS Moody's rates the senior secured credit facilities Ba3 (RUR direction uncertain), two notches above the B2 Corporate Family Rating (CFR). Secured lenders benefit from junior capital provided by senior unsecured notes rated Caa1 and the unrated senior unsecured convertible notes, ranked pari-passu. The instrument ratings reflect the probability of default of the Company, as reflected in the B2-PD Probability of Default Rating, and an average expected family recovery rate of 50% at default given mixed capital structure. FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS Moody's could consider an upgrade of the ratings if sustained residential subscriber and ARPU trends resulted in organic revenue and EBITDA growth such that Moody's adjusted debt/EBITDA is sustained below 4.0x and Moody's adjusted free cash flow to debt is sustained in the high-single digit percent range. Moody's could consider a negative rating action if Moody's expects Moody's adjusted debt/EBITDA to be sustained above 5.0x, or liquidity weakens. If the rate of broadband subscriber losses does not steadily slow, network investments are reduced, or there are significant, unfavorable, and sustained shifts in market position, it could lead to downward pressure on the ratings. Ratings could also be downgraded if refinancing risk related to its upcoming maturities increases. The senior secured credit facilities remain under review until there is more clarity surrounding the capital structure of the go-forward business. Headquartered in Phoenix, AZ, Cable One, Inc. is a fully integrated provider of data, video and voice services to residential and business customers in 24 Western, Midwestern and Southern U.S. states. The Company provided services to approximately 1 million residential and business customers out of approximately 2.8 million passings as of March 31, 2026. Of these customers, approximately 985,600 subscribed to data services, 82,400 subscribed to video services and 91,000 subscribed to voice services. The Company is public, does business as Sparklight, and trades on the NYSE under the ticker CABO. Revenue for the twelve months ended March 31, 2026 was approximately $1.5 billion. The principal methodology used in these ratings was Telecommunications Service Providers published in December 2025. CALCIMEDICA INC: Adds Zaytsev to Board as Middleton Plans Exit -------------------------------------------------------------- CalciMedica, Inc., appointed Evgeny Zaytsev, M.D., Ph.D., to its board and said director Fred Middleton plans to retire, according to a Form 8-K filed with the Securities and Exchange Commission. The board increased its size from seven to eight directors and appointed Zaytsev as a Class I director effective July 2, 2026. His term expires at the 2027 annual meeting. Under the company's nonemployee director compensation policy, Zaytsev will receive a $40,000 annual cash retainer, prorated for service, and an option to buy 20,000 common shares that vests monthly over three years. Middleton intends to retire from the board effective at the 2026 annual meeting. CalciMedica said the board size will be reduced to seven upon his retirement, which was not due to any disagreement with the company. About CalciMedica Inc. CalciMedica, Inc., is a clinical-stage biopharmaceutical company developing therapies for serious illnesses driven by inflammatory and immunologic processes and direct cellular damage. Its product candidates target calcium release-activated calcium channels, which the company said would represent a new therapeutic class if approved. The company's pipeline includes Auxora, its most advanced product candidate, and CM5480, a CRAC channel inhibitor being developed for pulmonary arterial hypertension. In an audit report dated March 3, 2026, Baker Tilly US, LLP, included a going-concern paragraph, citing recurring losses from operations and a net capital deficiency. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, CalciMedica, Inc. reported total assets of $8.61 million, total liabilities of $9.71 million and total stockholders' deficit of $1.1 million. CAMPBELL 215: Initiates Chapter 11 Bankruptcy in Oklahoma --------------------------------------------------------- On July 6, 2026, Campbell 215, LLC filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Western District of Oklahoma. According to court filings, the Debtor reports between $10 million and $50 million in debt. The petition does not specify the number of creditors. A meeting of creditors under Section 341(a) to be held on August 4, 2026 at 01:30 PM telephonically with the following call in number 888-330-1716 and passcode 2164492. The Corporate Ownership Statement and the list of the 20 Largest Unsecured Creditors are both due on July 6, 2026. About Campbell 215, LLC Campbell 215, LLC is an Edmond, Oklahoma-based real estate company that owns a luxury apartment complex. The company operates as a real estate holding entity, with its principal asset consisting of a multifamily residential property in Edmond. Campbell 215, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Okla. Case No. 26-12261) on July 6, 2026. In its petition, the Debtor reports estimated assets of $10 million to $50 million and estimated liabilities of $10 million to $50 million. Court filings indicate that funds are expected to be available for distribution to unsecured creditors. The Honorable Janice D. Loyd handles the case. The Debtor is represented by Robert Newark, Esq., of Newark Law Offices. CDT EQUITY: Amends Loan to Close Second Financing Tranche --------------------------------------------------------- CDT Equity Inc. amended a loan agreement and related senior secured convertible promissory note to close the second tranche of a financing, according to a Form 8-K filed with the Securities and Exchange Commission. The company had previously disclosed a $1.97 million note issued to J.J. Astor & Co. under a loan agreement providing $1.46 million before closing fees, funded in two tranches. Under the amended note, 24 equal weekly installments of $82,125 will begin July 10, 2026. The filing said that start date had previously been mutually agreed to be June 18, 2026. About CDT Equity Inc. CDT Equity Inc., formerly Conduit Pharmaceuticals, is a data-driven pharmaceutical development company focused on therapeutic assets and scientific partnerships. Its business uses artificial intelligence, solid-form chemistry, asset repositioning and co-crystallization technologies to identify and advance clinical-stage compounds, including assets deprioritized by larger pharmaceutical companies. The company's pipeline and target areas include autoimmune disorders, idiopathic male infertility, oncology, dermatology, rare disease and animal health. In an audit report dated April 15, 2026, CBIZ CPAs P.C. included a going-concern paragraph, citing a significant working capital deficiency, significant losses and the need to raise additional funds to meet obligations and sustain operations. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of Dec. 31, 2025, the company had $5.65 million in total assets, $12.82 million in total liabilities, and a total stockholders' deficit of $7.17 million. CEMTREX INC: Acquires Plant Engineering Services for $3.5-Mil. -------------------------------------------------------------- Cemtrex, Inc. announced in a regulatory filing that through its wholly owned subsidiary Advanced Industrial Services, it completed the acquisition of substantially all of the assets of Plant Engineering Services, Inc, an Indiana corporation pursuant to an Asset Purchase Agreement dated July 1, 2026, by and among AIS Engineering, Inc., a newly formed wholly owned subsidiary of AIS, PES, and Mark Bohler, an individual residing in state of Indiana. As a result of the transaction, PES's business operations have been integrated into the Company's Industrial Services Segment, and Buyer has become the owner of the acquired assets The purchase price for the business assets was $3,500,000, in cash, subject to a customary working capital adjustment, plus the assumption of certain liabilities. Additionally, the Seller Parties are eligible to receive up to approximately $1,750,000 in contingent earnout consideration over a three-year period based on the achievement of specified gross profit targets. Share Issuances Since the effectiveness of the Company's 1-for-10 reverse stock split on June 5, 2026, the Company has issued approximately 609,000 shares of its common stock in unregistered transactions. These issuances were made pursuant to private placements and other exempt transactions. As of July 2, 2026, the Company had approximately 1,721,141 shares of common stock outstanding. The full text copy of the Asset Purchase Agreement is available at https://tinyurl.com/yeyn6adw About Cemtrex Cemtrex, Inc. was incorporated in 1998 in the state of Delaware and has evolved through strategic acquisitions and internal growth into a multi-industry company. Jericho, New York-based Grassi & Co, CPAs, P.C., the Company's auditor since 2021, issued a "going concern" qualification in its report dated December 29, 2025, attached to the Company's Annual Report on form 10-K for the fiscal year ended September 30, 2025, citing that the Company has sustained net losses and has significant short-term debt obligations, which raise substantial doubt about its ability to continue as a going concern. As of March 31, 2026, the Company had $70.74 million in total assets, $36.03 million in total liabilities, and $34.71 million in total stockholders' equity. CES ENERGY: DBRS Finalizes BB(low) Rating on CAD300MM Unsec. Notes ------------------------------------------------------------------ DBRS Limited (Morningstar DBRS) finalized its provisional credit rating of BB (low) with a Stable trend on CES Energy Solutions Corp.'s (CES or the Company) CAD 300 million 5.625% Senior Unsecured Notes, due June 15, 2033 (the Notes). The recovery rating on the Notes is assigned at RR4. The Notes will be direct senior unsecured obligations of CES and will rank pari passu with all of CES' existing and future senior Indebtedness and senior in right of payment to any future subordinated Indebtedness of CES. The company is expected to use the net proceeds from this offering to redeem the 2029 Notes and partially repay amounts outstanding under the Senior Credit Facility. The credit rating assigned to this newly issued debt instrument is based on the credit rating of an already-outstanding debt series of the above-mentioned debt instrument. Please refer to Morningstar DBRS press release dated April 30, 2026 for more information, including all relevant disclosures. The credit rating listed above is based on the Private Placement Memorandum dated June 3, 2026, indenture, and information provided by CES to Morningstar DBRS as of June 15, 2026. Continuation of the rating is subject to the provision to Morningstar DBRS of timely and sufficient information and/or data for the purposes of monitoring the above-noted rating. CHAFIN AGENCY: Michael Colvard Named Subchapter V Trustee --------------------------------------------------------- The U.S. Trustee for Region 7 appointed Michael Colvard as Subchapter V trustee for The Chafin Agency LLC. Mr. Colvard will charge $425 per hour for his services as Subchapter V trustee and $150 per hour for his support staff. The trustee will also seek reimbursement for work-related expenses incurred. Mr. Colvard declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Michael Colvard Weston Centre 112 East Pecan St., Ste. 1616 San Antonio, TX 78205 Email: mcolvard@mdtlaw.com Telephone: (210) 220-1334 About The Chafin Agency LLC The Chafin Agency LLC, based in San Antonio, Texas, operates as an insurance agency and dealer-services provider, offering personal and commercial insurance lines as well as automotive dealership F&I solutions, training and carrier- backed support. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Texas Case No. 26-51806) on July 1, 2026, with $500,000 to $1 million in assets and $1 million to $10 million in liabilities. Steven Chafin, manager, signed the petition. Judge Aubrey L. Thomas presides over the case. Ronald Smeberg, Esq. at The Smeberg Law Firm represents the Debtor as bankruptcy counsel. CHC GROUP: Moody's Cuts CFR to B3, Outlook Stable ------------------------------------------------- Moody's Ratings downgraded CHC Group LLC's (CHC Helicopter or CHC) Corporate Family Rating to B3 from B2. Moody's also downgraded the company's senior secured 1st lien notes rating to B3 from B2 and its Probability of Default Rating to B3-PD from B2-PD. The Speculative Grade Liquidity Rating (SGL) was also downgraded to SGL-3 from SGL-2. The ratings outlook is stable. "The downgrade reflects CHC's substantial underperformance on earnings and higher financial leverage relative to Moody's expectations when the initial rating was assigned," said Jake Leiby, Moody's Ratings Vice President. "Although CHC has executed on its revenue backlog as expected, the company has experienced much higher-than-expected customer penalties and operating costs." RATINGS RATIONALE The downgrade of CHC's CFR to B3, from B2, reflects substantial weakening of the company's credit metrics due to higher-than-expected operating costs. CHC's fiscal third quarter 2026 Ebitda including Moody's standard adjustments declined meaningfully due to higher-than-expected customer penalties and costs. The company's operating costs were negatively impacted by a meaningful increase in maintenance costs as well as return to service costs for helicopters preparing for new work. The increased maintenance costs were driven by OEM pricing inflation as well as a higher volume of rotable repairs being returned from external subcontractors. The company is working to address the volume of its maintenance spending through its ongoing transformation program, however, OEM price inflation is unlikely to reverse and mitigating it may be challenging. The stable outlook reflects Moody's expectations that CHC's will be able to improve its operating performance and earnings as it executes on its ongoing efficiency improvement program, allowing it to reduce its financial leverage to levels in line with its ratings. CHC's B3 CFR reflects its position as one of the largest global operators of helicopter services, its large contract backlog and helicopter fleet. The company has a significant portion of its projected revenue in the fiscal year ending April 2027 under contract with high quality counterparties. CHC's credit profile is also supported by the geographic diversity of its operations in six countries and end-market diversification through its Search and Rescue (SAR) business and its maintenance, repair, and overhaul business. The company's credit profile is constrained by its high debt levels, including substantial leases, and correspondingly substantial financial leverage, and by its high cash costs including interest and least payments, which drive low interest coverage metrics. The company also has exposure to the cyclical offshore oil and gas business, which accounts for a significant majority of revenue. Moody's expects CHC to maintain adequate liquidity through the end of 2027. The company had $96 million of unrestricted cash and $45 million of available borrowing capacity under its revolving ABL facility as of January 31, 2026. The company's existing cash balance and available borrowing capacity provide a buffer should it fail to generate sufficient cash flow to cover required spending including capital spending and lease and interest payments. The ABL has a total commitment of $100 million and a temporary borrowing base of $45 million. The initial borrowing base will apply until the completion of a collateral audit and delivery of an updated borrowing base certificate. Moody's expects the borrowing base to be in the $60-70 million range upon completion of the collateral audit. CHC's senior secured notes are rated B3, the same as the CFR, reflecting the relatively smaller size of the ABL relative to the senior secured notes. FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS CHC's ratings could be downgraded if it is not able to improve its earnings as expected, leverage (Debt/EBITDA) is sustained above 5.0x, or its liquidity deteriorates. Although unlikely in the near-term, the company's ratings could be upgraded if it increases its earnings sufficiently to sustain leverage below 4.0x and interest coverage above 2.0x, generates consistent free cash flow, and maintains its liquidity. CHC is one of the largest global operators of mission-critical helicopter services. The company has significant operations in Australia, Norway, the UK, Brazil, and other countries. CHC has some diversification through its Heli-One maintenance, repair, and overhaul services business and end-market diversification through its Heli-Services business which provides both offshore transportation services and rescue services. CHC is privately owned and Cross Ocean Partners and Bain Capital collectively own 60% of the company. The principal methodology used in these ratings was Oilfield Services published in October 2025. CHEESE SHOP: Court Extends Cash Collateral Access to July 31 ------------------------------------------------------------ The Cheese Shop, LLC received another extension from the U.S. Bankruptcy Court for the Middle District of North Carolina to use cash collateral. The court entered a second interim order authorizing the Debtor to use cash collateral through July 31 in accordance with an approved budget, which projects total operational expenses of $64,755 for July. Budget line items must not exceed approved amounts by more than 10% without prior written consent from secured creditors, the Subchapter V trustee, and the U.D. Bankruptcy Administrator. Creditors claiming security interests in the Debtor's assets that constitute cash collateral include Carolina Community Impact, Inc., WebBank and unidentified creditors represented by Corporation Service Company. Secured creditors will be granted adequate protection through replacement liens on the Debtor's post-petition collateral, with the same validity, priority and extent as their pre-petition liens. In addition, Carolina Community Impact will receive a monthly payment of $1,046 by July 30. The Debtor is required to maintain insurance, refrain from disposing of assets outside the ordinary course of business without consent, and comply with ongoing reporting and operational obligations as additional safeguards. The interim order remains effective through July 31, unless terminated earlier by court order, default, or agreement. A default may occur if the Debtor violates the order, misuses cash collateral, fails to file a required Chapter 11 plan, loses insurance coverage, or ceases operations. Objections to continued use of cash collateral must be filed by July 24. If objections are filed, a further hearing will be held on July 27. The order is available at http://bankrupt.com/misc/CheeseShop_ICCOrder54.pdf About The Cheese Shop LLC The Cheese Shop LLC, doing business as Wedgewood Cheese Bar, operates a cheese bar and cheese and wine shop in Carrboro, North Carolina. It offers cheese-forward food service, cheese boards, wine and other beverages, catering and private dining, events and classes, gift cards, and a food-focused blog. The Cheese Shop sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D.N.C. Case No. 26-80175) on May 29, 2026, with $100,001 to $500,000 in assets and $1 million to $10 million in liabilities. Daniel Bruton serves as Subchapter V trustee for the Debtor. Judge Benjamin A. Kahn presides over the case. Jason L. Hendren, Esq., at Hendren, Redwine & Malone, PLLC represents the Debtor as legal counsel. CHS FL: Oct. 9, 2026 General Claims Bar Date Set ------------------------------------------------ ATTENTION: ALL PERSONS WHO MAY HAVE CLAIMS AGAINST CHS FL, LLC, CHS TX, INC., YESCARE CORP., CHS AL, LLC, CORIZON HEALTH OF NEW MEXICO, LLC, CHS CARE NY, LLC, OR CHS CARE TX, LLC INCLUDING PATIENTS AND FORMER PATIENTS CHS FL, LLC, CHS TX, INC., YESCARE CORP., CHS AL, LL, Corizon Health of New Mexico, LLC, CHS Care NY, LLC, and CHS Care TX, LLC (the "Debtors") filed chapter 11 petitions on May 8, 2026 and May 13, 2026 in the Bankruptcy Court for the Middle District of Florida (the "Court"), styled as Case 26-01087-FMR. On June 28, 2026, the Court established that all entities and persons (each a "Creditor" and, collectively, the "Creditors"), holding or wishing to assert unsecured or secured, priority, or nonpriority claims (as defined in Bankruptcy Code section 101(5)) against the Debtors arising or accruing prior to September 30, 2021, including claims arising under Bankruptcy Code section 503(b)(9) (each a "Claim" and, collectively, the "Claims"), are required to file a separate, completed, and executed proof of claim (by completing the proof of claim form available at https://omniagentsolutions.com/CHS) (the "Proof of Claim Form") on account of such Claim, together with accompanying documentation on or before October 9, 2026, at 5:00 p.m. prevailing Eastern time (the "General Bar Date"). Additionally, with respect to government units, as defined by Bankruptcy Code section 101(27), the proofs of claim must be submitted on or before November 4, 2026, at 5:00 p.m. prevailing Eastern time (the "Governmental Bar Date"). In the event that the Debtors should supplement and/or amend their Statement of Financial Affairs and/or Schedules of Assets and Liabilities ("Schedules"), subsequent to the date hereof, to reduce, delete, or change the status of a Claim in the Schedules, the deadline for affected claimants to file a proof of claim or amend any previously filed proof of claim shall be the later of (1) the General Bar Date or Governmental Bar Date, as applicable, or (11) 5:00 p.m. (prevailing Eastern Time) on the date that 1s thirty days (30) days after a claimant 1s served with notice of such amendment (the ‘Amended Schedule Bar Date"); failure to file a timely proof of claim shall result in a claimant being forever barred from doing so. Solely with respect to any Claim asserted in connection with the Debtors' rejection of an executory contract or unexpired lease, the holder of such Claim will be afforded the latest of (1) the General Bar Date, or Governmental Bar Dat, as applicable, or (11) 5:00 p.m. (prevailing Eastern Time) on the date that is thirty (30) days from the date that the Debtors provide notice of the Court's entry of an order authorizing such rejection to the affected contract or lease counterparty, except as otherwise set forth in any order of the Court, including but not limited to, a sale order, (the "Rejection Claim Bar Date") to file a Proof of Claim Form or forever be barred from doing so. For any Proof of Claim Form to be validly and properly filed, a signed original of the completed Proof of Claim Form, together with accompanying documentation, must be submitted to the Debtors' noticing and claims agent, Omni Agent Solutions, Inc. ("Omni"), either by (a) overnight courier or first class mail; (b) hand delivery; or (c) electronically using the interface available on the Noticing and Claims Agent's website at https://omniagentsolutions.com/CHS no later than 5:00 p.m. prevailing Eastern time on the applicable Bar Date. Proof of Claim Forms delivered by mail or sent by overnight courier or hand delivery, to Omni should be addressed and sent to: CHS FL, LLC Claims Processing c/o Omni Agent Solutions 5955 De Soto Ave., Suite 100 Woodland Hills, CA 91367 Proof of Claim Forms shall be deemed filed when actually received by Omni (not the date of the postmark). Any Entity that files a Proof of Claim by mail, overnight courier, or hand delivery, who wishes to receive a clocked-in copy by return mail must include an additional copy of the proof of claim and a self-addressed, postage-paid envelope. Proof of Claim Forms are available at: https://cases.omniagentsolutions.com/claim/index?clientid=3787. All Proof of Claim Forms must be in English and amounts must be in U.S. Dollars. Additionally, all Proof of Claim Forms must: (a) conform substantially to the enclosed Proof of Claim Form; (b) specify the Debtor against which the Proof of Claim is asserted; (c) set forth with specificity the legal and factual basis for the alleged Claim; (d) include supporting documentation (or, 1f such documentation is voluminous, a summary of such documentation) or an explanation as to why such documentation is not available; and (e) be signed by the claimant or, if the claimant is not an individual, by an authorized agent of the claimant. Any Proof of Claim asserting a claim entitled to priority under section 503(b)(9) of the Bankruptcy Code must also: (f) include the value of the goods delivered to and received by the Debtors in the twenty (20) days prior to the Petition Date; and (g) attach any documentation identifying the particular invoices for which the 503(b)(9) claim is being asserted. PLEASE TAKE FURTHER NOTICE THAT ANY CREDITOR WHO IS REQUIRED TO FILE A PROOF OF CLAIM, INCLUDING UNKNOWN CREDITORS, BUT FAILS TO DO SO ON OR BEFORE THE APPLICABLE BAR DATE SHALL NOT BE TREATED AS A CREDITOR WITH RESPECT TO SUCH CLAIM FOR PURPOSES OF VOTING AND DISTRIBUTION AND ALL SUCH CLAIMS AGAINST DEBTORS AND DEBTORS' ESTATES SHALL BE FOREVER BARRED. The Debtors' Schedules, the Bar Date Order, and other information regarding the Debtors' Cases are available at the Debtors' website at: https://omniagentsolutions.com/CHS. About CHS FL LLC CHS FL, LLC, a company in Naples, Fla., and its affiliates provide correctional healthcare services to jails, prisons and other correctional facilities. CHS FL and its affiliates sought protection under Chapter 11 of the Bankruptcy Code (Bankr. M.D. Fla. Lead Case No. 26-01087) on May 8 and May 13, 2026. At the time of the filing, CHS FL had estimated assets of between $50 million and $100 million and liabilities of between $100 million and $500 million. Judge Luis Ernesto Rivera II oversees the cases. Dal Lago Law and Polsinelli, PC, serve as the Debtors' legal counsel. CONSIGNMENT CRUSH: Quilling, Selander Represents Claimants ---------------------------------------------------------- In the Chapter 11 bankruptcy cases of Consignment Crush, LLC and its debtor-affiliates, Quilling, Selander, Lownds, Winslett & Moser, P.C. filed with the United States Bankruptcy Court for the Northern District of Texas, Fort Worth Division, a Verified Statement pursuant to Bankruptcy Rule 2019 to inform the Court that the firm represents claimants of the Debtors. Claimants may be reached at: A. Pamela M. Creel 5722 Bryn Mawr Dr. Dallas, TX 75209 B. Buckles Family Trust 5722 Bryn Mawr Dr. Dallas, TX 75209 According to the Verified Statement: 1. The Firm was retained in July 2026 by the Claimants to represent their respective interests in the matters related to this Chapter 11 case. Both Claimants are creditors of the Debtor and may hold one or more claims arising from their respective agreements between the Debtor and each Claimant. 2. The Firm does not represent or purport to represent any other entities in connection With this Chapter 11 case. The Firm does not represent the Claimants as a "committee" as that term is defined in the Bankruptcy Code and Bankruptcy Rules. The Firm does not undertake to represent the interests of and are not fiduciaries for any creditor, party in interest, or other entity that has not signed a retention agreement with the Firm. In addition, the Claimants do not represent or purpose to represent any other entities in connection with this Chapter 11 case. 3. Upon information and belief formed after due inquiry, the Firm does not hold any disclosable economic interests as that term is defined in Bankruptcy Rule 2019(a)(1) in relation to the Debtor. 4. The Claimants are fully aware of the Firm's representation of the other parties in this case. All have waived any potential conflict that may exist based upon such representations by the Firm. 5. The firm reserves the right to revise, amend, or supplement this statement as may be appropriate or necessary. Attorneys for Pamela M. Creel and Buckles Family Trust: Loriann A. Martinez, Esq. QUILLING, SELANDER, LOWNDS, WINSLETT & MOSER, P.C. 2200 Ross Avenue, Suite 2400 Dallas, TX 75201 Tel: (214) 871-2100 Fax: (214) 871-2111 About Consignment Crush LLC Consignment Crush is a boutique consignment store that specializes in furniture, art, home decor and the eclectic. It sells new and gently used consignments. Consignment Crush LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Texas Case No. 26-41788) on April 24, 2026, with up to $50,000 in assets and $100,001 to $500,000 in liabilities. Judge Mark X. Mullin presides over the case. DeMarco Mitchell, PLLC represents the Debtor as legal counsel. The U.S. Trustee for Region 6 appointed Behrooz Vida, Esq., at the Vida Law Firm, PLLC as Subchapter V trustee for Consignment Crush, LLC. CONTINUUM CARE: Gina Klump Named Subchapter V Trustee ----------------------------------------------------- The U.S. Trustee for Region 17 appointed Gina Klump, Esq., at the Law Office of Gina R. Klump, as Subchapter V trustee for Continuum Care LLC. Ms. Klump 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. Klump declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Gina Klump, Esq. Law Office of Gina R. Klump 11 5th Street, Suite 102 Petaluma, CA 94952 Phone: (707) 778-0111 Email: gklump@klumplaw.net About Continuum Care LLC Continuum Care LLC is an El Dorado Hills, California-based real estate investment and land holding company. The company's primary asset is a 5-acre undeveloped medical site in Elk Grove, California, which was approved in late 2024 for the construction of a 76,000-square-foot, 120-bed medical rehabilitation facility. Continuum Care LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Calif. Case No. 26-23809) on July 1, 2026. In its petition, the Debtor reported estimated assets of $1 million to $10 million and estimated liabilities of $1 million to $10 million. Honorable Bankruptcy Judge Christopher M. Klein handles the case. COTY INC: S&P Downgrades ICR to 'BB', On CreditWatch Negative ------------------------------------------------------------- S&P Global Ratings lowered its issuer credit rating to 'BB' from 'BB+' and its issue-level ratings to 'BB+' from 'BBB-' on U.S.-based beauty company Coty Inc. and placed them on CreditWatch with negative implications. S&P will resolve the CreditWatch when it receives additional information about transaction terms, Coty's operating outlook, reinvestment plans, and fixed-cost reduction initiatives that enable us to reassess the financial impact and management's deleveraging plans. Coty Inc. announced it has entered into a definitive agreement to transition the Gucci beauty license back to Kering for approximately $400 million. Initial proceeds received by Coty at signing totaled $250 million. The company expects to receive additional proceeds in fiscal 2027 for inventory, with the value to be determined and an additional $150 million in fiscal 2028, of which up to $30 million is contingent on certain predetermined criteria being met. It will operate the license through at least June 30, 2027, one year ahead of the original term, and agreed to a resolution of all pending litigation and related claims. Coty intends to deploy the proceeds towards debt reduction, reinvestment in core brands, and optimizing the organizational set-up. This follows Coty's recent divestment of its retained Wella stake for $750M, whose proceeds were also deployed towards debt reduction. Gucci comprises a low-double-digit percentage of company sales and generates meaningful EBITDA. As a result, following the transition of the license, the company may experience temporary margin compression because of stranded overhead costs and time to ramp up new business. S&P expects the company to partially offset these headwinds through its efforts to accelerate growth in other brands, new licenses, and cost savings. In addition, S&P believes Coty's S&P Global Ratings-adjusted net leverage will increase above 4x, its downgrade trigger for the current rating. S&P said, "We could downgrade Coty if we believe leverage will increase above 4x. The CreditWatch placement reflects our belief that the lost EBITDA and stranded costs from the contract termination could keep leverage above 4x. S&P Global Ratings-adjusted net leverage was 4.2x for the 12 months ended in March 2026. We previously expected it to decline below 4x in fiscal 2027. However, we now believe leverage could remain close to 4x in fiscal 2027 because of operating underperformance, inflationary headwinds, brand reinvestments, and costs associated with the company's restructuring and cost reduction programs. Moreover, we believe that S&P Global Ratings-adjusted net leverage may increase significantly above 4x in fiscal 2028 primarily from the loss of the Gucci beauty license if it is unable to offset the impacts." Coty intends to restore profitability by expanding other licenses and with cost-saving initiatives. While the company could recover some lost earnings from actions aimed at accelerating growth for its core brands as well as from launching new licenses such as Swarovski, it will likely take a few years to recoup the revenue and profit losses from the Gucci license. S&P said, "We revised our business risk assessment to fair from satisfactory. In our view, Coty's business has already been challenged, weighed by weak performance in its cosmetics business. The loss of the Gucci license further weakens Coty's business profile by reducing its scale and increasing concentration in the Consumer segment, while also lowering its profitability and expansion prospects. We believe Coty's revenues, EBITDA, and free cash flow (FCF) will shrink sizably in fiscal 2028 if mitigating actions do not materialize. We believe the company will try to limit the FCF decline to be lower than the EBITDA decline through working capital discipline and other cash-preserving activities. We estimate that the Gucci license contributes more than 10% of Coty's annual revenues and that the brand's margins are higher than Coty's consolidated margins and in line with its prestige segment profit margins. Coty must also absorb sizable stranded overhead costs as a result of incurring fixed costs on a lower revenue base. We note that S&P Global Ratings-adjusted EBITDA has already declined about 20% in the last 24 months due to execution challenges in Coty's cosmetics business." Gucci beauty was a key growth driver for Coty having grown the Gucci beauty revenues by more than 60% since 2019. This rate of growth is significantly higher compared to Coty's consolidated organic revenue growth during the same period. This transaction comes as Coty is navigating several external and competitive challenges and undergoing meaningful strategic and cultural shifts. For example, S&P believes the Middle East conflict will continue to hurt Coty's operating performance. Interim CEO Markus Strobel introduced the Coty Curated strategic framework in 2025 that focuses on scaling successful initiatives, reducing complexity, and prioritizing core brands and markets for investment. In addition, several other initiatives are underway as part of management's efforts to reduce costs and improve operating execution. S&P said, "We believe that its strategy to return to growth in the U.S. will be challenging, particularly because the retail environment remains promotional and the industry faces intense competition from new entrants. Moreover, management initiatives will take time to execute and produce financial results. "We expect to resolve the CreditWatch in the coming weeks, depending on the timing of receipt of additional information. Upon completion of our review, we will either affirm or lower our ratings on Coty up to one notch. In resolving the CreditWatch, we will focus on Coty's financial risk profile pro forma for the Gucci license termination and whether the company can achieve its outlined savings to partially offset stranded costs. We will also assess whether Coty will incur additional costs and the impact of reinvestments in its prestige fragrance and beauty brands on its credit metrics. "We will review its competitive position, including market share position compared to peers, ability to restore margins following the license termination and increase sales in a tough consumer spending environment." COURTESY SCREENING: Gets Extension to Access Cash Collateral ------------------------------------------------------------ The U.S. Bankruptcy Court for the Middle District of Florida, Jacksonville Division, entered a fourth interim order extending Courtesy Screening, Inc.'s authority to use cash collateral. Under the fourth interim order, the Debtor is authorized to use cash collateral to pay court-approved amounts, including Subchapter V trustee payments, and to fund expenses under the latest budget, with up to a 10% variance per line item. Additional expenditures may be made with written approval from merchant cash advance lenders and other providers of short-term, high-interest financing. The lenders include Fora Financial, OnDeck Capital, Parafin (Jobber Capital) and Vox Funding. As of the petition date, the Debtor owed $434,141 to these lenders, which may assert an interest in the cash collateral. The Debtor projects total operational expenses of $191,985.13 for July and $191,378.60 for August. As adequate protection, the lenders will be granted replacement liens on post-petition cash collateral, with the same validity, priority, and extent as their pre-petition liens, without the need for further filings. The Debtor must maintain customary insurance coverage, comply with all debtor-in-possession obligations, and provide Funders reasonable access to records and premises. The order preserves all parties' rights, including the ability to seek modified adequate protection or further restrictions on cash collateral use. It does not determine the validity, extent, or amount of any secured claim. A continued hearing is scheduled for Aug. 25. A copy of the court's order and the Debtor's budget is available at https://short.do/PGIWdN from PacerMonitor.com. About Courtesy Screening Inc. Courtesy Screening, Inc., operates throughout Central and Northern Florida and constructs and repairs pools and patio enclosures as well as installing pavers. Courtesy Screening filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-00277) on January 23, 2026, with $100,001 to $500,000 in assets and $500,001 to $1 million in liabilities. Aaron Cohen, Esq., a practicing attorney in Jacksonville, Fla., serves as Subchapter V trustee for the Debtor. Judge Jacob A. Brown presides over the case. Scott A. Stichter, Esq. at Stichter, Riedel, Blain & Postler, P.A. represents the Debtor as legal counsel. CRESCENT CITY COLLECTIONS: Linda Leali Named Subchapter V Trustee ----------------------------------------------------------------- The Acting U.S. Trustee for Region 21 appointed Linda Leali, Esq., as Subchapter V trustee for Crescent City Collections, LLC. Ms. Leali will be paid an hourly fee of $450 for her services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Ms. Leali declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Linda M. Leali Linda M. Leali, P.A. 2525 Ponce De Leon Blvd., Suite 300 Coral Gables, FL 33134 Telephone: (305) 341-0671, ext. 1 Facsimile: (786) 294-6671 Email: leali@lealilaw.com About Crescent City Collections LLC Crescent City Collections, LLC is a Miami, Florida-based residential real estate leasing company. The company manages a portfolio of three commercial and residential properties in New Orleans and is addressing a foreclosure action brought by Hancock Whitney Bank. Crescent City Collections sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-18758) on July 2, 2026. In its petition, the Debtor reports estimated assets of $0 to $50,000 and estimated liabilities of $1 million to $10 million. Honorable Robert A. Mark handles the case. The Debtor is represented by Adam I. Skolnik, Esq. D & B CHRISTOPHER: Seeks Chapter 11 Bankruptcy in New York ---------------------------------------------------------- On July 7, 2026, D & B Christopher ST Corp. filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of New York. According to court filings, the Debtor reports approximately $11.6 million in liabilities owed to between 1 and 49 creditors. A meeting of creditors under Section 341(a) to be held on August 10, 2026 at 02:00 PM at Zoom.us - USTrustee 1: Meeting ID 160 7717 9142, Passcode 0186029495, Phone 1 (202) 381-3292. The Chapter 11 Plan and Disclosure Statement are both due by November 4, 2026. About D & B Christopher ST Corp. D & B Christopher ST Corp. is a New York-based real estate company whose principal asset is a commercial building located at 111 Christopher Street, New York, New York. The company owns and manages the property as its primary real estate holding. Court filings indicate that, after payment of administrative expenses, no funds are expected to be available for distribution to unsecured creditors. D & B Christopher ST Corp. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 26-11577) on July 7, 2026. In its petition, the Debtor reports estimated assets of approximately $10.4 million and estimated liabilities of approximately $11.6 million. The Honorable Lisa G. Beckerman handles the case. D 5030 WESTMINSTER: Gets OK to Use Cash Collateral Until July 31 ---------------------------------------------------------------- D 5030 Westminster, LLC received interim approval from the U.S. Bankruptcy Court for the Eastern District of Texas, Sherman Division, to use cash collateral. Under the interim order, the Debtor is authorized to use its revenue and other cash collateral through July 31 to fund operations based on a court-approved budget. The Debtor may pay up to 110% of each individual expense in the budget without further court order. The Debtor needs continued access to cash collateral for payroll and other ordinary operating expenses necessary to maintain hotel operations. The Debtor owns and operates a 106-room Hampton Inn located at 5030 West 88th Place in Westminster, Colorado. The hotel is situated near major attractions, including Greg Mastriona Golf Courses at Hyland Hills, Coors Field, Union Station, the Colorado Convention Center, and Empower Field at Mile High. Based on a UCC financing statement filed in Colorado in 2023, Adams Bank & Trust is the Debtor's principal secured creditor. The bank's asserted security interest extends to current and future accounts receivable, cash, and equipment associated with the hotel. At the time of filing, the Debtor held approximately $29,787 in an Adams Bank business checking account and $183 in an Adams Bank money market account, both of which constitute the primary cash collateral. The Debtor also maintained a Chase Bank business checking account containing approximately $229, which was in the process of being converted into a debtor-in-possession account for use during the bankruptcy proceedings. As adequate protection, any creditor with existing security interests in cash collateral will be granted replacement liens on all post-petition property including cash collateral, with the same validity and priority as they had on the petition date. These replacement liens do not apply to any Chapter 5 causes of action or their proceeds. The order is available at http://bankrupt.com/misc/D5030_ICCOrder33.pdf A final hearing will be held on July 21. D 5030's bankruptcy filing was prompted by the need to reorganize its financial obligations and avoid an anticipated foreclosure sale or the appointment of a receiver, allowing the business to continue operating while pursuing a restructuring. About D 5030 Westminster LLC D 5030 Westminster, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-42143) on June 22, 2026. In its petition, the debtor reported estimated assets between $1 million and $10 million and estimated liabilities between $10 million and $50 million. Honorable Chief Bankruptcy Judge Brenda T. Rhoades is handling the case. The Debtor is represented by Frances A. Smith, Esq. of Offit Kurman. DAVENN LLC: Gets Interim OK to Use Cash Collateral -------------------------------------------------- Davenn, LLC received interim approval from the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division, to use cash collateral to fund operations. Under the interim order, the Debtor is authorized to use cash collateral, including business revenues, through August 3 in accordance with the court-approved budget. At the time of filing, the Debtor reported $11,792 in cash, $23,116 in accounts receivable, and approximately $80,000 in business assets. The Debtor identified four secured creditors with perfected security interests reflected in Texas Uniform Commercial Code filings. The first-position lienholder is Corporation Service Company, acting as representative, with a blanket lien over the Debtor's assets. Katan Capital, LLC holds a second-position receivables lien, while CHTD Company and Retro Advance, Inc. hold additional blanket liens. As adequate protection, secured creditors will be granted replacement liens on all post-petition property including cash collateral, with the same priority and extent as of the petition date. The replacement liens are subordinate to the fee carveout and apply to post-petition accounts receivable, contract rights, and deposit accounts, but do not attach to Chapter 5 avoidance causes of action. The Debtor's authority to use cash collateral terminates automatically upon dismissal or conversion of its Chapter 11 case, appointment of a Chapter 11 trustee, expiration of the order, or material breach of the budget. The order preserves the rights of creditors to seek modified adequate protection, restrictions on cash collateral use, or other remedies under applicable law. It does not constitute a finding of complete adequate protection, approval of any plan of reorganization, waiver of creditor rights, or limitation on creditors' ability to object to future motions or proposals. A final hearing is scheduled for Aug. 3. A copy of the court's order and the Debtor's budget is available at https://short.do/zAaD80 from PacerMonitor.com. About Davenn LLC Davenn, LLC operates a preschool and early learning center. Davenn LLC filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. S.D. Texas Case No. 26-34311) on June 17, 2026, with $50,001 to $100,000 in assets and $100,001 to $500,000 in liabilities. Melissa Haselden, Esq., at Haselden Farrow, PLLC serves as Subchapter V trustee for the Debtor. Judge Eduardo V. Rodriguez presides over the case. C. Daniel Herrin, Esq., and Jorge Aguilar, Esq., at Herrin Law, PLLC represents the Debtor as bankruptcy counsel. DAVID TRUSCOTT: Court Tosses Objection to Krachenfels Claim ----------------------------------------------------------- Judge Tyson Crist of the U.S. Bankruptcy Court for the Southern District of Ohio denied without prejudice David James Truscott's objection to the proof of claim filed by creditor Jonathan D. Krachenfels. Mr. Krachenfels, by and through his counsel, timely filed a proof of claim on May 8, 2025, for the total amount of $3,111,175.98. It was docketed as Claim No. 4-1 on the Clerk's Claims Register. Mr. Krachenfels classified the Claim as a non-priority unsecured claim based on state court judgments of Montgomery Co. Common Pleas Court. In the Claim Objection, Mr. Truscott seeks to have the claim held in abeyance. Although the Claim has been reduced to a final appealable judgment, Mr. Truscott scheduled the Claim as contingent, unliquidated, and disputed on his Schedule E/F and Amended Schedule E/F (Doc. 129 at 6). The Debtor asserts that the bases for scheduling the Claim in this manner are two-fold: (1) a pending appeal concerning the Claim before the Second District (Ohio) Court of Appeals, Case No. CA 30349 (the "Appeal"), and (2) that the Claim "does not account for funds that were attached post judgment nor does it account for a reduction in value based on the value of the four parcels of real estate that were ordered to be transferred pursuant to the Judgment. In response to the Claim Objection, Mr. Krachenfels makes the following points: (1) the pending Appeal does not make a judgment "contingent" or "unliquidated"; (2) the Claim Objection does not assert a valid basis under 11 U.S.C. Sec. 502(b); (3) the Debtor is improperly launching a collateral attack on the state court judgment which is entitled to full faith and credit; and (4) the state court judgment already accounts for any setoff that Debtor is entitled to take. The Bankruptcy Court finds the Claim is presently prima facie valid and the Debtor has provided nothing to meet its initial burden to challenge that prima facie validity, apart from observing that the State Court Judgment is presently on appeal. Judge Crist explains, "Here, the State Court Judgment, which was entered on December 27, 2024, and which Debtor appealed on January 5, 2025, two months before filing this chapter 11 bankruptcy, clearly ordered Debtor to pay a sum certain amount based on events that had already occurred. Moreover, the State Court Judgment was not stayed pending the Appeal. Therefore, there is no basis to conclude that Debtor's liability to Mr. Krachenfels is contingent. And obviously a sum certain final judgment is not unliquidated. Because Debtor has not come forward with any present basis to contradict the valid State Court Judgment, the Claim must remain allowed at this time during the plan voting and confirmation process, and it will remain allowed unless and until Debtor comes forward with a valid basis to disallow the Claim (in whole or in part), a plan is confirmed that provides otherwise, or an objection to claim in which Debtor carries his initial burden of production is set forth under Sec. 502(b)(1)." A copy of the Court's Memorandum Opinion and Order dated July 3, 2026, is available at http://urlcurt.com/u?l=6FeXZ4from Pacermonitor.com. About David James Truscott David James Truscott filed for Chapter 11 bankruptcy protection (Bankr. S.D. Ohio Case No. 25-30378) on March 7, 2025, listing under $1 million in both assets and liabilities. The Debtor is represented by Denis Blasius, Esq. DDC ENTERPRISE: Changes Principal Office Address to Charlotte ------------------------------------------------------------- DDC Enterprise Limited changed the business and mailing address of its principal executive office, according to a Form 6-K filed with the Securities and Exchange Commission. The company said the new address is 301 S. McDowell Street, Suite 125, Charlotte, North Carolina 28204. The change became effective July 2, 2026, and was announced July 7. About DDC Enterprise Limited DDC Enterprise Limited is a Cayman Islands holding company with operations conducted primarily in China through wholly owned and controlled subsidiaries. Its business focuses on content-driven consumer food brands offering ready-to-heat, ready-to-cook, ready-to-eat and plant-based meal products aimed largely at Millennial and Generation Z consumers. The company also provides advertising services and began in 2012 as an online culinary content platform before expanding into branded meal products and, in 2025, a bitcoin treasury strategy. In an audit report dated April 21, 2026, Enrome LLP included a going-concern paragraph, citing a working capital deficiency of RMB82.9 million, a net loss of RMB338 million, net cash used in operating activities of RMB277.6 million for 2025 and an accumulated deficit of RMB2.17 billion as of Dec. 31, 2025. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of Dec. 31, 2025, DDC Enterprise Limited reported total assets of $199.56 million, total liabilities of $120.69 million, and total stockholders' equity of $78.88 million. DEALER SOURCE: Hires Lane Law Firm PLLC as Bankruptcy Counsel ------------------------------------------------------------- Dealer Source ATX LLC seeks approval from the U.S. Bankruptcy Court for the Western District of Texas to employ The Lane Law Firm, PLLC as counsel. The firm will provide these services: a. assist, advise and represent the Debtor relative to the administration of the chapter 11 case; b. assist, advise and represent the Debtor in analyzing the Debtor's assets and liabilities, investigating the extent and validity of lien and claims, and participating in and reviewing any proposed asset sales or dispositions; c. attend meetings and negotiate with the representatives of the secured creditors; d. assist the Debtor in the preparation, analysis and negotiation of any plan of reorganization and disclosure statement accompanying any plan of reorganization; e. take all necessary action to protect and preserve the interests of the Debtor; f. appear, as appropriate, before this Court, the Appellate Courts, and other Courts in which matters may be heard and to protect the interests of Debtor before said Courts and the United States Trustee; and g. perform all other necessary legal services in these cases. The firm will be paid at these rates: Robert "Chip" Lane, Managing Partner $725 per hour Joshua Gordon, Partner $700 per hour Matthew Bourda, Senior attorney $700 per hour Zachary Casas, Attorney $625 per hour Kyle K. Garza, Attorney $600 per hour Paraprofessionals $250 per hour The firm received a retainer in the amount of $35,000. In addition, the firm will seek reimbursement for its out-of-pocket expenses. Mr. Lane disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached at: Robert C. Lane, Esq. The Lane Law Firm, PLLC 6200 Savoy, Suite 1150 Houston, TX 77036 Tel: (713) 595-8200 Fax: (713) 595-8201 Email: notifications@lanelaw.com About Dealer Source ATX LLC Dealer Source ATX LLC, operating under the trade name Auto Enhancements, is a Pflugerville, Texas-based automotive aftermarket accessories and vehicle customization company. The company provides fleet upfitting, leather seat conversions, electronic installations, and other vehicle enhancement services, with approximately 85% of its business derived from B2B dealership contracts. Dealer Source ATX LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 26-11176) on June 23, 2026. In its petition, the Debtor reports estimated assets of $100,000 to $500,000 and estimated liabilities of $500,000 to $1 million. Honorable Bankruptcy Judge Shad M. Robinson handles the case. The Debtor is represented by Robert Chamless Lane, Esq. of The Lane Law Firm PLLC. DENVER SPRING: Unsecureds Will Get $1K per Month for 4 Years ------------------------------------------------------------ Denver Spring & Suspension, Inc. filed with the U.S. Bankruptcy Court for the District of Colorado a Plan of Reorganization under Subchapter V dated June 30, 2026. The Debtor is a Colorado corporation company providing suspension services, spring repair and rebuilding services, and wheel alignment services for commercial vehicles, RVs, and campers. The Debtor is owned and operated by Judy and Charles Adams, a mother-son duo that were previously operating a commercial hauling company before buying DSS from its prior owner in 2023. DSS has been in operation for over 40 years and is a substantially larger company than the Adams' prior business. During the ownership transition, the Debtors discovered that the business had significant unpaid payroll taxes as a result of the prior owner's failure to timely file and pay payroll taxes. As a result, Debtor obtained a merchant cash advance loan ("MCA") to pay off the tax obligation and become compliant with the payroll tax payments. An additional MCA was later obtained to bolster the Debtor's cash flow while the Debtor worked to build up its operations following the transition to new ownership. These MCAs ultimately caused additional issues with the Debtor's cash flow as a result of the daily and weekly sweeps from the Debtor's accounts. As a result, the Debtor experienced additional financial distress and began to default on its obligations, including payments to its sublandlord. The Debtor's financial difficulties were further exacerbated in Spring 2026 when Fenix Capital Funding, LLC obtained a judgment against the Debtor as a result of a final payment that was less than one week late. Since the filing of its case, the Debtor has been working to restructure its operations and resolve its priori financial issues. The Debtor has located an accountant to prepare and file all missing returns, and the Debtor has further worked diligently Class 6 is comprised of the general unsecured creditors holding claims against the Debtor as identified on Exhibit A. Class 6 is impaired by the Plan. Class 6 shall be treated and paid as follow: * Beginning on the one-year anniversary of the Effective Date of the Plan and continuing each month thereafter, the Debtor shall set aside $1,000 per into the Creditor Account. Each time three deposits have been made into the Creditor Account for a period of four years, the Debtor shall distribute the funds in the Creditor Account to Class 6 Creditors on a pro rata basis; * A total of sixteen distributions shall be made to Class 6 Creditors over the Plan term. For the avoidance of a doubt, all payments to Class 6 Creditors shall be completed prior to the five-year anniversary of the Effective Date of the Plan; * In addition to the amounts set forth, the Class 6 Creditors shall receive a pro rata distribution of any amounts received for any litigation claims arising under Sections 544, 547, 548, 549, and 550 of the Bankruptcy Code and for any litigation claims commenced against Fenix, net of any attorney fees and costs of such litigation. Class 7 is comprised of the pre-petition holders of interests in the Debtor. Class 7 is unimpaired by the Plan. On the Effective Date of the Plan, Class 7 Interest Holders shall retain all interests held on the Petition Date. The Debtor's Plan is feasible based upon the Debtor's prepared projections, which reflect a conservative but optimistic prediction of the Debtor's operations during the term of the Plan. As evidenced by the projections, the Debtor is projecting positive revenue each year of the Plan. A full-text copy of the Plan of Reorganization dated June 30, 2026 is available at https://urlcurt.com/u?l=GGlzzG from PacerMonitor.com at no charge. Counsel to the Debtor: Keri L. Riley, Esq. Kutner Brinen Dickey Riley, PC 1660 Lincoln Street, Suite 1720 Denver, CO 80264 Telephone: (303) 832-2400 E-mail: jmd@kutnerlaw.com About Denver Spring & Suspension Denver Spring & Suspension is a Colorado corporation company providing suspension services, spring repair and rebuilding services, and wheel alignment services for commercial vehicles, RVs, and campers. The Debtor filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. D. Colo. Case No. 26-12159) on April 1, 2026, listing up to $50,000 in assets and $500,001 to $1 million in liabilities. Judge Thomas B. McNamara presides over the case. Keri L. Riley, at Kutner Brinen Dickey Riley, P.C., serves as the Debtor's counsel. DIOCESE OF ALEXANDRIA: Unsecureds Will Get 25% of Claims in Plan ---------------------------------------------------------------- Diocese of Alexandria filed with the U.S. Bankruptcy Court for the Western District of Louisiana a Disclosure Statement for the Plan of Reorganization dated June 30, 2026. The Diocese of Alexandria is a Roman Catholic entity with a deep historical presence in north-central Louisiana. The Plan implements a settlement-in-principle reached between the Debtor and the Official Committee of Unsecured Creditors (the "Committee") to provide fair and equitable treatment for Putative Abuse Survivors and to reorganize in a manner that enables the Debtor to continue its mission to serve the needs of the faithful within the Diocese of Alexandria. On the Plan's Effective Date (the date after confirmation when the Plan becomes Effective), the Plan will create a Plan Trust for the purpose of paying distributions to Holders of Class 5 Putative Abuse Survivor Claims and Class 6 Future Claims. The Plan Trustee will liquidate either the Settled Plan Trust Assets or the Liquidated Plan Trust Assets and distribute the proceeds to the Holders of Class 5 and Class 6 Claims pursuant to the procedures contained in the Allocation Protocol. The Plan provides a two-track confirmation structure consisting of (i) the "Release Plan Toggle" and (ii) the "Liquidation Value Plan Toggle." The Release Plan Toggle shall apply if, and only if, the Release Plan Toggle Conditions have been satisfied or waived no later than the deadline specified in the Plan. Under the Release Plan Toggle, the Plan Trust will be funded with the Settled Plan Trust Assets, consisting of: (a) the Settlement Payment of $5,400,000.00, comprised of $3,000,000.00 in Cash payable on the Initial Plan Funding Date and a Plan Trust Note in the principal amount of $2,400,000.00 payable over three years, bearing no interest, and secured by the Diocesan Office, each as reduced dollar-for-dollar by aggregate Attorney Fee Claims incurred on or after April 1, 2026, provided that in no event shall the aggregate Settlement Payment (Cash plus Plan Trust Note) be reduced below the Liquidation Value; based on Attorney Fee Claims incurred through May 31, 2026, the Debtor currently projects that the Settlement Payment will equal approximately $5,000,000.00, comprised of $2,600,000.00 in Cash and a $2,400,000.00 Plan Trust Note; (b) the Assigned Insurance Interests; (c) any PCE Cash Contributions; (d) the Former Alexandria Parish Cash Contribution, if any; and (e) Future Bequests as defined in the Plan. Under the Liquidation Value Plan Toggle, the Plan Trust will be funded with the "Liquidated Plan Trust Assets" in an aggregate amount equal to the "Liquidation Value," which the Debtor may satisfy in Cash, Real Property credited at Fair Market Value, a non-interest-bearing promissory note payable in equal annual installments over no more than five years and secured by a mortgage on the Plan Trust Note Collateral, or any combination thereof and the Assigned Insurance Interests. No Assigned Participating Catholic Entities Insurance Interests, PCE Cash Contributions, Former Alexandria Parish Cash Contribution, or Future Bequests shall be paid or transferred to the Plan Trust under the Liquidation Value Plan Toggle. If the Bankruptcy Court determines that the amount required to satisfy Section 1129(a)(7) of the Bankruptcy Code with respect to Holders of Allowed Class 5 Claims exceeds $4,825,000.00, the Debtor may elect to withdraw the Plan. Class 3 consists of General Convenience Claims. In full and final satisfaction, compromise, settlement, release, and discharge of, and in exchange for, such Allowed General Convenience Claim, each Holder thereof shall receive, at the election of the Debtor or Reorganized Debtor, as applicable, payment of 95% of its Allowed General Convenience Claim in Cash or otherwise receive treatment consistent with the provisions of Section 1129(a)(9) of the Bankruptcy Code, either (a) on or before 60 days following the Effective Date or (b) on the date due in the ordinary course of business in accordance with the terms and conditions of the particular transaction giving rise to such Allowed General Convenience Claim. Class 3 is Impaired. Class 4 consists of General Unsecured Claims. In full and final satisfaction, compromise, settlement, release, and discharge of, and in exchange for, such Allowed General Unsecured Claim, each such Holder that is not a General Convenience Claim shall receive, at the election of the Debtor or Reorganized Debtor, as applicable, payment of 25% of its Allowed General Unsecured Claim in Cash on account of such Allowed General Unsecured Claim either (a) on or before 120 days following the Effective Date or (b) on the date due in the ordinary course of business in accordance with the terms and conditions of the particular transaction giving rise to such Allowed General Unsecured Claim. Class 4 is Impaired. The Debtor shall fund distributions to Classes 1 through 4 under the Plan with Cash, including but not limited to Cash from operations and obtaining lender financing. With respect to Class 5 and Class 6, the Plan provides a two-track Toggle Plan Mechanism as described in the Executive Summary above. The full terms of the Toggle Plan Mechanism, including the Release Plan Toggle Conditions governing which toggle applies, the composition of the Settled Plan Trust Assets and the Liquidated Plan Trust Assets, and the post-April 1, 2026 Attorney Fee reduction applicable under the Release Plan Toggle, are set forth in Article 4.03 of the Plan. Under the Release Plan Toggle, the Plan provides for a Settlement Payment on behalf of the Debtor and the Alexandria Parishes of $5,400,000.00 to fund the Plan Trust, which is reduced dollar-for dollar by Allowed Attorney Fee Claims incurred on or after April 1, 2026, subject to a minimum aggregate Settlement Payment (Cash plus Plan Trust Note) equal to the Liquidation Value. Based on Attorney Fee Claims incurred through May 31, 2026, the Debtor currently projects that the Settlement Payment will equal approximately $5,000,000.00. The Release Plan Toggle Conditions require that, no later than the deadline specified in the Plan: (i) each Participating Catholic Entity listed in the Plan Supplement has executed and delivered a PCE Joinder; (ii) the Former Alexandria Parish Cash Contribution has been committed in the amount set forth in the Plan Supplement and is unconditionally payable on the Effective Date; and (iii) each insurer settlement agreement necessary to assign the Assigned Insurance Interests to the Plan Trust has been fully executed and, where required, approved by the Bankruptcy Court. Additionally, no Holder of a Class 5 Claim may affirmatively opt out of the Third Party Release; a single opt-out triggers the Liquidation Value Plan Toggle for all Class 5 Claims. A full-text copy of the Disclosure Statement dated June 30, 2026 is available at https://urlcurt.com/u?l=CjQMXg from Stretto, claims agent. Diocese of Alexandria is represented by: GOLD, WEEMS, BRUSER, SUES & RUNDELL Bradley L. Drell, Esq. Heather M. Mathews, Esq. 2001 MacArthur Drive P.O. Box 6118 Alexandria, LA 71307 Telephone (318) 445-6471 Facsimile (318) 445-6476 Email: bdrell@goldweems.com hmathews@goldweems.com Mark T. Benedict, Esq. HUSCH BLACKWELL LLP 4801 Main Street, Suite 1000 Kansas City, MO 64112 Telephone (816) 983-8000 Facsimile (816) 983-8080 Email: mark.benedict@huschblackwell.com - and - Francis H. LoCoco, Esq. Bruce G. Arnold, Esq. Lindsey M. Greenawald, Esq. 511 North Broadway, Suite 1100 Milwaukee, WI 53202 Telephone (414) 273-2100 Facsimile (414) 223-5000 Email: frank.lococo@huschblackwell.com bruce.arnold@huschblackwell.com lindsey.greenawald@huschblackwell.com About Diocese of Alexandria Diocese of Alexandria in Louisiana, established as the Diocese of Natchitoches on July 29, 1853, by Pope Pius IX and later relocated to Alexandria, serves as the ecclesiastical authority for the Catholic Church in north-central Louisiana. Headquartered at 4400 Coliseum Boulevard and led by Bishop Robert W. Marshall Jr., it encompasses 50 parishes and 21 mission churches across 13 civil parishes, with St. Francis Xavier Cathedral as its cathedral church. The Diocese operates as a Louisiana non-profit religious corporation and 501(c) (3) organization, providing spiritual, educational, and charitable services to roughly 36,228 Catholics across an 11,108-square-mile area. Diocese of Alexandria sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. La. Case No. 25-31257) on October 31, 2025. In its petition, the Debtor reported total assets of $16,667,411 and total liabilities of $9,467,288. Bankruptcy Judge John S. Hodge oversees the case. The Debtor is represented by Bradley L. Drell, of GOLD, WEEMS, BRUSER, SUES & RUNDELL. DISH DBS: Chapter 11 Plan Disclosure Hearing Delayed by Two Weeks ----------------------------------------------------------------- Vince Sullivan of Law360 reports that a Texas bankruptcy judge on Wednesday, July 8, 2026, sided with creditors seeking additional information in the Chapter 11 cases involving EchoStar Corp.'s video distribution and wireless network units, ruling that discovery should take place before the court considers approval of the companies' disclosure statements. The hearing on those disclosures was continued until July 23. The creditors maintained that meaningful discovery was necessary to assess the debtors' restructuring proposals and determine whether the disclosure statements provide the information required for creditors to evaluate the proposed Chapter 11 plans. The court agreed that the additional fact-finding should occur before moving to the solicitation stage of the bankruptcy process. By delaying the hearing, the court has given creditors more time to investigate issues surrounding the restructuring while preserving their ability to challenge the adequacy of the disclosure materials. The July 23 hearing will determine whether the revised disclosure statements are suitable for creditor voting, the report states. About Dish DBS Corp. DISH DBS Corporation, through its subsidiaries, provides pay-TV services under the DISH and Sling brands in the United States. The company was founded in 1996 and is headquartered in Englewood, Colorado. DISH DBS Corporation is a subsidiary of DISH Network Corporation. Dish DBS Corp. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90627) on June 30, 2026. Honorable Bankruptcy Judge Christopher M. Lopez handles the case. The Debtor is represented by Charles R. Koster, Esq. of White & Case. E F REALTY: Case Summary & Eight Unsecured Creditors ---------------------------------------------------- Debtor: E F Realty Management LLC 550 Route 111 Hauppauge, NY 11788 Business Description: E F Realty Management owns and leases a single income-producing real estate property. Chapter 11 Petition Date: July 7, 2026 Court: United States Bankruptcy Court Eastern District of New York Case No.: 26-72720 Judge: Hon. Louis A Scarcella Debtor's Counsel: Ronald D. Weiss, Esq. RONALD D. WEISS, P.C. 445 Broadhollow Road Suite CL-10 Melville, NY 11747 Tel: (631) 271-3737 Fax: (631) 271-3784 E-mail: weiss@ny-bankruptcy.com Estimated Assets: $500,000 to $1 million Estimated Liabilities: $1 million to $10 million The petition was signed by Eugene Fernandez as sole member. A full-text copy of the petition, which includes a list of the Debtor's eight unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/4OPIV3Q/E_F_Realty_Management_LLC__nyebke-26-72720__0001.0.pdf?mcid=tGE4TAMA EASTSIDE COLLISION: Gets Interim OK to Use Cash Collateral ---------------------------------------------------------- The U.S. Bankruptcy Court for the Northern District of Georgia, Atlanta Division, entered a second interim order authorizing Eastside Collision & Car Care Center Inc. to use cash collateral Under the second interim order, the Debtor is authorized to use cash collateral based on an approved budget, which projects total monthly operational expenses of $11,746. This authorization remains effective so long as the Debtor complies with the terms of the order. The creditors asserting interests in the cash collateral include Harvest Small Business Finance, LLC, the U.S. Small Business Administration, Corporation Service Company, Carl Ogaro, Progressive Mountain Insurance Company, SIMT USA LLC, and Small Business Financial Solutions LLC. Secured creditors will be granted adequate protection through replacement liens on post-petition collateral, with the same validity, priority and extent as their pre-petition interests. The replacement liens do not apply to avoidance actions and related bankruptcy estate causes of action. Additional safeguards include monthly payments of $2,000 to Harvest Small Business Finance beginning July 15, and continuing monthly until confirmation of a Chapter 11 plan, modification of the cash collateral order, or dismissal of the Debtor's bankruptcy case. The order preserves all parties' rights to challenge the validity, extent, or priority of asserted liens and claims, seek relief from the automatic stay, or object to future case developments. A copy of the court's order and the Debtor's budget is available at https://short.do/Ag7Pl4 from PacerMonitor.com. A continued interim cash collateral hearing is scheduled for Aug. 17. About Eastside Collision & Car Care Center Inc. Eastside Collision & Car Care Center, Inc. provides automotive collision repair, body, paint and car-care services from Lithonia, Georgia. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ga. Case No. 26-57078) on May 29, 2026, with between $1 million and $10 million in both assets and liabilities. Brian Young, chief executive officer, signed the petition. Judge Paul Baisier oversees the case. Adam E. Ekbom, Esq., at Jones & Walden, LLC, represents the Debtor as legal counsel. ENERPRISE MANAGEMENT: Seeks Cash Collateral Access -------------------------------------------------- Enerprise Management Group, Incorporated asks the U.S. Bankruptcy Court for the Eastern District of Pennsylvania for authority to use cash collateral and provide adequate protection. The Debtor is a Delaware corporation authorized to do business in Pennsylvania and owns the property located at 900–906 Greenwood Avenue, Jenkintown, which is operated as an Airbnb rental business. The property is subject to a mortgage and promissory note executed with States Resources on May 12, 2022. The Debtor seeks permission to use rental income generated from the Airbnb operation, which constitutes the lender's cash collateral, to fund the continued operation of the business. Specifically, the requested use of funds includes making required payments on the mortgage loan owed to States Resources, paying insurance premiums, utilities, routine operating expenses, and compensating the individual responsible for managing the property. The Debtor contends that these expenditures are necessary to preserve the value of the business and enable a successful reorganization under Chapter 11. The Debtor argues that immediate access to cash collateral is essential because the business incurs ongoing obligations to lenders, insurers, utility providers, and other vendors in the ordinary course of operations. Without access to the rental proceeds, the company asserts it would lack sufficient liquidity to continue operating the Airbnb business, meet its post-petition obligations, or formulate and fund a Chapter 11 plan. To satisfy the Bankruptcy Code's adequate protection requirements, the Debtor proposes that States Resources is adequately protected through its existing first-priority mortgage lien on the Jenkintown property, together with its continuing security interest in post-petition rental income generated by the Airbnb operation. The Debtor also represents that it has sufficient projected income to make all required post-petition payments as reflected in an attached income and expense projection, and therefore believes the lender's secured position will not diminish during the bankruptcy case. The Debtor also includes a request concerning compensation for Jesse LeSuer, the company's president, sole shareholder, and corporate manager. LeSuer is responsible for all day-to-day management of the Airbnb business, including collecting rental income, managing the booking website, marketing the property, overseeing reservations, coordinating cleaning and maintenance services, preparing monthly operating reports, and handling bankruptcy-related compliance requirements. The Debtor seeks authority to pay LeSuer $3,500 per month as non-employee compensation during the Chapter 11 case. LeSuer received $4,500 per month during the 90-day, 180-day, and one-year periods preceding the bankruptcy filing, making the proposed compensation lower than his historical pay. A copy of the motion is available at https://urlcurt.com/u?l=DkmChM from PacerMonitor.com. About Enerprise Management Group Inc. Enerprise Management Group, Incorporated sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Pa. Case No. 26-10849) on March 2, 2026. In its petition, the Debtor reported assets of between $500,001 and $1 million and liabilities of between $500,001 and $1 million. Honorable Bankruptcy Judge Derek J. Baker handles the case. William D. Schroeder, Jr., Esq., and Zachary Perlick, Esq., serve as the Debtor's legal counsel. EXYN TECHNOLOGIES: Debts Exceed Assets by $14.3M at March 31 ------------------------------------------------------------ Exyn Technologies, Inc.'s stockholder's deficit was US$14.3 million at March 31, 2026. The stockholder's deficit was US$11.3 million at Dec. 31, 2025. At March 31, 2026, the Company had total assets of US$5.2 million and total liabilities of US$19.5 million. At Dec. 31, 2025, the Company had total assets of US$5.9 million and total liabilities of US$17.2 million. Exyn Technologies, Inc. stated that it has incurred net losses and negative cash flows from operations since inception. As of March 31, 2026, the Company reported cash and cash equivalents of approximately $1.1 million and total indebtedness of approximately $8.1 million, including borrowings under its loan agreements and the Neolync and NCH Convertible Notes. The Company disclosed: "These conditions raise substantial doubt about our ability to continue as a going concern." For the three months ended March 31, 2026, net cash used in operating activities totaled approximately $1.6 million, compared to approximately $1.5 million for the prior-year period. Net cash used in investing activities was approximately $4 thousand, while net cash provided by financing activities was approximately $1.9 million, primarily driven by net borrowings from notes payable. The Company also reported net losses of $3,238,785 and $2,579,659 for the three months ended March 31, 2026 and 2025, respectively, and an accumulated deficit of $79,151,980 at March 31, 2026. The Company stated: "As of the date of this Quarterly Report on Form 10-Q, we expect that our current cash and cash equivalents will not be sufficient to support our projected operating requirements for at least the next 12 months." Exyn further said: "Given all these facts, we are dependent on obtaining funding from operations and the sale of debt or equity to continue as a going concern." The financial statements "do not include any adjustments relating to the recoverability of assets and classification of liabilities that might be necessary should we be unable to continue as a going concern." Over the next twelve months, Exyn said it expects to finance its operations primarily through cash generated from commercial operations and, as needed, through short-term debt arrangements, private placements of equity securities, and proceeds from public offerings, if completed. After the closing of its initial public offering, the Company stated that it continues to operate "with nominal cash flow, as we have historically." It added that if it is unable to obtain sufficient financing to support all operations, it will "prioritize deploying resources to the segments that generate the most revenue and have the potential for the greatest long-term growth." Exyn disclosed that it has "a significant amount of indebtedness," citing total outstanding indebtedness of approximately $6.1 million and $8.1 million as of Dec. 31, 2025, and March 31, 2026, respectively, and noted that the Neolync Term Loan will mature on Dec. 23, 2026. The Company warned that if its cash flows and capital resources are insufficient to fund debt service obligations, it "could face substantial liquidity problems" and might be forced to dispose of assets, seek additional capital, or restructure or refinance indebtedness. It also stated that if it cannot make scheduled payments on its debt, it will be in default and "could be forced into bankruptcy or liquidation," and that in such events, investors could "lose all or a portion" of their investment. A full-text copy of the Form 10-Q is available at https://tinyurl.com/5n8xyjeu About Exyn Technologies, Inc. Exyn Technologies, Inc. (NASDAQ: EXYN) is a pioneer in fully adaptive and cognitive mission-level autonomous robotics and artificial intelligence. Its Level 4B autonomy platform enables aerial and ground robotic systems to navigate safely in complex, GPS-denied environments, offering a full-stack solution for flexible deployment of single or multi-robot fleets. The Company targets various sectors, including defense and business development in Latin America, through its subsidiaries Exyn Latam and Exyn Defense. FAIRWAY AMERICA: Case Summary & 20 Largest Unsecured Creditors -------------------------------------------------------------- Two affiliates that concurrently filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code: Debtor Case No. ------ -------- Fairway America, LLC (Lead Case) 26-32378 PO Box 23099 Tigard, OR 97281 Fairway America Management Group II LLC 26-32379 FAMG II PO Box 23099 Portland, OR 97281 Business Description: Fairway America is a Tigard, Oregon-based real estate investment management firm focused on private and middle-market real estate. The company provides services including fund management, asset management, real estate valuation, transaction advisory, portfolio strategy, capital markets advisory, construction management, and lender workout advisory. Chapter 11 Petition Date: July 8, 2026 Court: United States Bankruptcy Court District of Oregon Judge: Hon. Teresa H Pearson Debtors' Counsel: Douglas R. Ricks, Esq. SUSSMAN SHANK LLP 1000 SW Broadway, Suite 1400 Portland, OR 97205 Tel: 503-227-1111 Fax: 503-248-0130 E-mail: dricks@sussmanshank.com Fairway America, LLC's Total Assets: $5,521,505 Fairway America, LLC's Total Liabilities: $11,808,961 Fairway America Managements' Total Assets: $1,075,316 Fairway America Management's Total Liabilities: $1,928,320 Fairway America, LLC's petition was signed by Matthew W. Burk as president of the Debtor's manager. Full-text copies of the petitions, which include lists of the Debtors' 20 largest unsecured creditors, are available for free on PacerMonitor at: https://www.pacermonitor.com/view/ZZXMRBA/Fairway_America_LLC__orbke-26-32378__0001.0.pdf?mcid=tGE4TAMA https://www.pacermonitor.com/view/6LMWOKI/Fairway_America_Management_Group__orbke-26-32379__0001.0.pdf?mcid=tGE4TAMA FAMILY SOLUTIONS: To Sell Biz to Gehring Therapeutics for $100K --------------------------------------------------------------- George F. Sanderson, Chapter 11 Trustee of the Estate of Family Solutions of Ohio, Inc., seeks approval from the U.S. Bankruptcy Court for the Eastern District of North Carolina, Raleigh Division, to sell Property in a private sale, free and clear of liens, claims, interests, and encumbrances. The property to be sold is all of Seller's rights, title, and interest in all assets of the Seller used or usable in the operations of the Business, i.e. the business of providing health and social services in the State of Ohio, to the extent possible to be transferred, other than the Excluded Assets. The Purchased Assets shall include, without limitation, the following assets utilized in the conduct and operation of the Business: a. all of Seller's continuing rights under the Assumed Contracts; b. the Tangible Property located in the State of Ohio; c. the Books and Records, to the extent legally transferrable (and acknowledging that Seller is permitted to retain copies of same); d. all leasehold improvements and signage; e. the Intellectual Property; f. all of Seller's rights in and to the names "Family Solutions of Ohio," "Family Solutions of Ohio, Inc." and similar names; g. all work-in-process, client backlog and Client Accounts of Seller in existence as of the Closing Date; h. all Accounts Receivable of Seller arising from the conduct and operation of the Business prior to Closing uncollected as of the Closing Date, other than any receivables, proceeds or other amounts arising from or relating to the real property and appurtenant rights or any other Excluded Asset, each of which shall constitute Excluded Assets and shall be retained and collected by Seller for the benefit of the Estate; i. all rights of Seller under confidentiality, non-competition, proprietary rights and similar agreements with all current and former employees and consultants who provide or provided services relating to the Business; and j. all of the other intangible rights and properties of Seller, including going concern value, goodwill, and telephone and facsimile numbers, email addresses, and directory listings. The Trustee negotiated a private sale of the Property to the Buyer, Gehring Therapeutics, LLC, an Ohio limited liability company, for a total purchase price of $100,000.00. The Buyer has submitted a deposit of $10,000.00 to the Trustee to be applied to the purchase price in the event of the closing of the sale, or disbursed in accordance with the terms of the Asset Purchase Agreement (APA) in the event of termination. The Buyer has indicated that it has the ability to close on the sale of the Property on or before August 31, 2026. There are no financing contingencies in the APA. The Trustee seeks to sell the Property free and clear of any and all liens, including equitable liens, claims, offsets, recoupments, rights of recovery, constructive trusts, interests, encumbrances, liabilities, claims against the Debtor. The Trustee is unaware of any liens that would attach to any of the Purchased Assets. The confirmed Plan expressly contemplates the sale of the Debtor's property will be free and clear of Liens and Interests. The Trustee's sale of the Property will be on an "As-Is" and "Where-Is" basis. The Trustee has determined that, in his business judgment, the prospective Buyer, who has been operating the Debtor's business under an Interim Management Agreement since May 15, 2026, is the sole feasible buyer of the operating assets of the Debtor and that, absent approval of the APA, the Debtor's operations as a going concern will cease. The Purchase Price being offered to the Trustee constitutes the highest and best offer the Trustee has or expects to receive and constitutes a purchase in good faith for fair value. About Family Solutions of Ohio Family Solutions of Ohio, Inc. in Wake Forest, NC, filed its voluntary petition for Chapter 11 protection (Bankr. E.D.N.C. Case No. 24-03043) on Sept. 5, 2024, listing as much as $1 million to $10 million in both assets and liabilities. John Hopkins, Jr., vice president, signed the petition. Judge Pamela W. McAfee oversees the case. Hendren, Redwine & Malone, PLLC serves as the Debtor's counsel. George Sanderson III was appointed as trustee appointed in this Chapter 11 case. The trustee tapped The Sanderson Law Firm, PLLC and Hendren, Redwine & Malone, PLLC as bankruptcy counsel and Calfee, Halter & Griswold LLP as special purpose counsel. FRANCISCAN FRIARS: Plan Confirmation Hearing Scheduled for Sept. 24 ------------------------------------------------------------------- On July 1, 2026, the United States Bankruptcy Court for the Northern District of California (the "Bankruptcy Court") entered its Amended and Restated Order (i) Approving Disclosure Statement and (ii) Establishing Procedures for Plan Solicitation, Notice, and Balloting (the "Disclosure Statement Order") approving the First Amended Disclosure Statement in Support of Second Amended Joint Plan of Reorganization for the Franciscan Friars of California, Inc. Dated June 22, 2026 (the "Disclosure Statement") in connection with the Second Amended Joint Plan of Reorganization for The Franciscan Friars of California, Inc. Dated June 22, 2026, (together with all schedules and exhibits thereto, and as may be modified, amended, or supplemented from time to time, the "Joint Plan") filed by the Franciscan Friars of California, Inc. (the "Debtor") and the Official Committee of Unsecured Creditors (the "Committee," and together with the Debtor, the "Plan Proponents"). The Disclosure Statement Order authorizes the Plan Proponents to solicit votes to accept or reject the Joint Plan under the Bankruptcy Code. INFORMATION REGARDING CONFIRMATION HEARING Confirmation Hearing. A hearing to consider confirmation of the Joint Plan (the "Confirmation Hearing"), shall commence at 9:00 a.m. (prevailing Pacific time) on September 24, 2026 at the United States Bankruptcy Court, 1300 Clay Street, Oakland, California, in Courtroom 220 before the Honorable William J. Lafferty, United States Bankruptcy Judge. The Confirmation Hearing may be adjourned or continued from time to time by the Court or jointly by the Plan Proponents without further notice except as announced in open court or as filed on the Court's docket. The Joint Plan may be modified under Section 1127 of the Bankruptcy Code before, during, or as a result of the Confirmation Hearing, in each case without further notice to parties in interest. The Confirmation Hearing will be held in person in the courtroom, provided that (1) parties in interest may attend by Zoom Webinar; (2) additional information is available on Judge Lafferty's Procedures page on the Court's website, which is http://www.canb.uscourts.gov;and (3) information on how to attend the hearing by Zoom Webinar will be included with each calendar posted under Judge Lafferty's calendar on the Court's website. INFORMATION REGARDING VOTING TO CONFIRM OR REJECT JOINT PLAN Record Date for Voting Purposes. Only holders of Claims in Class 2 (General Unsecured Claims), Class 3 (SAF Claim), Class 4 (Province of St. John the Baptist Claim), Class 5 (Abuse Claims Other Than Unknown Abuse Claims), Class 6 (Unknown Abuse Claims), and Class 8 (Non-Abuse Litigation Claims) (collectively, the "Voting Classes"), each as described in the Disclosure Statement and Joint Plan, as of July 1, 2026 (the "Voting Record Date") are entitled to vote on the Joint Plan. Voting Procedures. If you are entitled to vote on the Joint Plan, you will receive a Solicitation Package which will include a copy of (i) this Notice, (ii) the Disclosure Statement Order, (iii) the appropriate Ballot to accept or reject the Joint Plan, with detailed voting instructions and a pre-addressed, postage prepaid return envelope, (iv) the Disclosure Statement and Joint Plan, which may be provided in USB drive or QR Code form, at the discretion of the Plan Proponents, and (v) such other material as the Court may direct. Please review the Ballot for specific instructions as to how to vote. Failure to follow the voting instructions may disqualify your vote. Voting Deadline. The deadline to vote on the Joint Plan is August 5, 2026 at 5:00 p.m. (prevailing Pacific time) (the "Voting Deadline"). Your Ballot must be properly completed, signed, dated and returned by: (a) first-class mail (whether in the return envelope provided with each Ballot or otherwise); (b) overnight courier; (c) hand delivery; or (d) electronic, online transmission through a customized online balloting portal (the "E-Balloting Portal") on the Bankruptcy Case website maintained by DRC, so that it is actually received by DRC no later than the Voting Deadline. Otherwise your vote will not be counted. Ballots submitted by facsimile, email, or any other means of electronic submission other than use of the E-Balloting Portal will not be counted. The E-Balloting Portal can be accessed at the following web address: https://bankruptcy.angeiongroup.com/Clients/ffc/vote Only Holders of Claims in the Voting Classes are entitled to vote on the Joint Plan. Holders of Administrative Claims and Priority Tax Claims (the "Unclassified Claims"), and Holders of Claims in Class 1 (Priority Non-Tax Claims) and Class 7 (Inbound Contribution Claims) (collectively, the "Non-Voting Classes") are not entitled to vote on the Joint Plan. Such holders will receive a Notice of Non-Voting Status instead of a Ballot. If you have timely filed a Proof of Claim and disagree with the classification of, objection to, or request for estimation of your Claim and believe you should be entitled to vote on the Joint Plan, then you must serve counsel to the Plan Proponents and file with the Court a motion (a "Rule 3018 Motion") for an order under Rule 3018(a) of the Bankruptcy Rules temporarily allowing your Claim in a different amount or in a different class for purposes of voting to accept or reject the Joint Plan. All Rule 3018 Motions must be filed on or before August 14, 2026. As to any creditor filing a Rule 3018 Motion, such creditor's Ballot will be counted only if/until otherwise ordered by the Court. Creditors may contact DRC to receive an appropriate Ballot for any claim for which a proof of claim has been timely filed and a Rule 3018 Motion has been granted. Rule 3018 Motions that are not timely filed and served in the manner set forth above will not be considered. OBJECTIONS TO CONFIRMATION OF THE JOINT PLAN Objections to confirmation of the Joint Plan, if any, must: (a) be in writing; (b) conform to the Bankruptcy Rules and the Local Rules; (c) state the name and address of the objecting party and the amount and nature of the Claim or interest of such party; (d) state with particularity the basis and nature of any objection or proposed modification to the Joint Plan; and (e) be filed, together with proof of service, with the Court and served so as to be received not later than August 19, 2026 (the "Confirmation Objection Deadline"), by (i) counsel to the Debtor, Binder Malter Harris & Rome-Banks LLP, 1625 The Alameda, Suite 101, San Jose, CA 95126, Attn: Robert G. Harris (rob@bindermalter.com), Julie H. Rome-Banks (julie@bindermalter.com), and Reno Fernandez (reno@bindermalter.com); (ii) the Office of the United States Trustee for the Northern District of California, Office of the United States Trustee, 450 Golden Gate Avenue, Room 05-0153, San Francisco, CA 94102, Attn: Jason Blumberg (jason.blumberg@usdoj.gov); (iii) counsel to the Official Committee of Unsecured Creditors, Keller Benvenutti Kim LLP, 425 Market Street, 26th Floor, San Francisco, CA 94105, Attn: Gabrielle L. Albert (galbert@kbkllp.com), Lowenstein Sandler LLP, One Lowenstein Drive, Roseland, NJ 07068, Attn: Jeffrey D. Prol (jprol@lowenstein.com) and Brent Weisenberg (bweisenberg@lowenstein.com), and Burns Bair LLP, 10 East Doty Street, Suite 600, Madison, WI 53703, Attn: Timothy W. Burns (tburns@burnsbair.com) and Jesse J. Bair (jbair@burnsbair.com); and (iv) those who have formally appeared and requested service in this case under Rule 2002 of the Federal Rules of Bankruptcy Procedure. All objections not timely filed and served in accordance with the provisions set forth above are hereby deemed waived and will not be considered by the Court. About Franciscan Friars of California Franciscan Friars of California, Inc., is a tax-exempt religious organization in Oakland, Calif. The Debtor was formed to provide religious, charitable, and educational acts, ministry, and service to the poor. Franciscan Friars of California, Inc., filed its voluntary petition for Chapter 11 protection (Bankr. N.D. Cal. Case No. 23-41723) on Dec. 31, 2023, listing $1 million to $10 million in assets and $10 million to $50 million in liabilities. David Gaa, OFM, president of the Debtor, signed the petition. Judge William J. Lafferty oversees the case. The Debtor tapped Binder Malter Harris & Rome-Banks LLP as bankruptcy counsel; Hanson Bridgett LLP, Weintraub Tobin Chediak Coleman Grodin Law Corporation, and Bledsoe, Diestel, Treppa & Crane LLP as special counsel; and GlassRatner Advisory & Capital Group LLC, doing business as B. Riley Advisory Services, as financial advisor. Donlin, Recano & Company, Inc. is the Debtor's administrative advisor. The Official Committee of Unsecured Creditors retained Lowenstein Sandler LLP and Keller Benvenutti Kim LLP as counsel, and Berkeley Research Group, LLC as its financial advisor. FST CORP: Enters $10.4 Million ATM Offering Agreement ----------------------------------------------------- FST Corp. entered an at-the-market offering agreement to sell up to $10.4 million of ordinary shares, according to a Form 6-K filed with the Securities and Exchange Commission. The company said H.C. Wainwright & Co. LLC will serve as sales agent under the July 6, 2026, agreement, which also permits sales to Wainwright as principal. The shares may be sold through Nasdaq Global Market, other existing trading markets, market makers, negotiated transactions or other methods permitted by law. FST said it will pay the manager compensation of up to 3.0% of the gross sales price of shares sold through Wainwright as agent. The company also filed an amended prospectus supplement July 6, replacing a prospectus supplement that had been filed inadvertently on July 2. About FST Corp. FST Corp. is a Taiwan-based manufacturer and innovator in the golf industry with principal offices in Minxiong Township, Chiayi County, Taiwan. The company designs, makes and sells golf club shafts and related equipment under the KBS brand, and also provides OEM and ODM services to golf equipment brands, original equipment manufacturers and distributors. It operates KBS Golf Experience stores in Carlsbad, California, Tokyo and Taipei, offering fitting, customization and golf equipment build services. In an audit report dated April 15, 2026, Enrome LLP included a going-concern paragraph, citing a working capital deficit of $2.94 million as of Dec. 31, 2025, net losses of $1.5 million and $3.24 million for 2025 and 2024, and operating cash outflows of $1 million and $1.58 million for those years. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of Dec. 31, 2025, FST Corp. reported total assets of $60.92 million, total liabilities of $45.37 million, and total stockholders' equity of $15.55 million. FULTON SCG: Secured Party Sets July 15, 2026 Public Auction ----------------------------------------------------------- Newmark, on behalf of FULTON SCG II DEBT FUND, LLC, a Delaware limited liability company (the "Secured Party"), will offer for sale at public auction on July 15, 2026 at 3:30 p.m. EDT in connection with a Uniform Commercial Code sale, 100% of the limited liability company membership interests (the "Interests") in and to Fulton SCG Member LLC, a Delaware limited liability company (the "Issuer"), which Issuer is the indirect owner of certain real properties comprised of certain commercial and residential condominium units in the Tangram development (collectively, the "Property"). The Interests are owned by Fulton SCG Development Mezz LLC, a Delaware limited liability company, having its principal place of business at 37-12 Prince Street, #PH2A, Flushing, New York (the "Debtor"). The sale will be conducted in-person in the offices of Kasowitz LLP, 1633 Broadway, New York, New York 10019, and also being broadcast for remote participation via virtual videoconference. The URL address and password for the online video conference will be provided to all confirmed participants that have properly registered pursuant to the Terms of Sale. Parties who do not satisfy the conditions to bid in accordance with the terms hereof and the Terms of Sale will forfeit their opportunity to register and may be banned from bidding. The Debtor has pledged and granted to the Secured Party a first priority lien on and security interest in the Interests pursuant to that certain First Priority Member Interest Pledge Agreement dated as of December 8, 2017. The Secured Party is offering the Interests for sale in connection with the foreclosure on the pledge of such Interests. The Interests are being offered as a single lot, "as-is, where-is", with no express or implied warranties, representations, statements or conditions of any kind made by the Secured Party or any person acting for or on behalf of the Secured Party, without any recourse whatsoever to the Secured Party or any other person acting for or on behalf of the Secured Party and each bidder must make its own inquiry regarding the Interests. The winning bidder shall be responsible for the payment of all transfer taxes, stamp duties and similar taxes incurred in connection with the purchase of the Interests. The Secured Party reserves the right to credit bid, set a minimum reserve price, reject all bids (including without limitation any bid that it deems to have been made by a bidder that is unable to satisfy the requirements imposed by the Secured Party upon prospective bidders in connection with the sale or to whom in the Secured Party's sole judgment a sale may not lawfully be made) and/or terminate or adjourn the sale to another time, without further notice. The Secured Party further reserves the right to restrict prospective bidders to those who will represent that they are purchasing the Interests for their own account for investment not with a view to the distribution or resale of such Interests, to verify that each certificate for the Interests to be sold bears a legend substantially to the effect that such interests have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), and may not be disposed of in violation of the provisions of the Securities Act and to impose such other limitations or conditions in connection with the sale of the Interests as the Secured Party deems necessary or advisable, in its sole discretion, in order to comply with the Securities Act or any other applicable law or regulation. All bids (other than credit bids of the Secured Party) must be for cash. Further information concerning the Interests, a detailed description of the Property, the requirements for obtaining information and bidding on the interests and the Terms of Sale can be found at https://tinyurl.com/4tcns6dv GARRARD COUNTY DISTILLING: Tom Collins Buys Co. Out of Receivership ------------------------------------------------------------------- Fred Minnick reports that Tom Collins Distilling emerged as the winning bidder for the former Garrard County Distilling property in Lancaster, Kentucky, agreeing to purchase the facility for $20 million. The distillery had been placed into receivership earlier this year, and Tom Collins was the sole participant in the auction. Sazerac, the parent company affiliated with Tom Collins, confirmed the winning bid but said additional details would be released after the transaction closes. Garrard County Distilling began operations in 2024 but entered receivership in April 2025 after financial problems escalated. Truist Bank alleged the distillery had defaulted on approximately $26 million in obligations, including loans, liens, and unpaid property taxes. Reports also identified Tom Collins as the company's largest creditor before the sale, the report states. The acquisition could revive one of Kentucky's largest independent whiskey production facilities. Lancaster Mayor Michael Gaffney said he is optimistic the new ownership will restore operations, citing Sazerac's experience in the bourbon industry. The distillery, originally developed by Atlanta-based Staghorn, spans 50,000 square feet and includes two large column stills, 18 fermenters, and three rickhouses capable of supporting annual production of up to 150,000 barrels, according to report. About Garrard County Distilling Co. Garrard County Distilling Co. is the largest independent distillery in Kentucky. Garrard County Distilling Co. was placed under court-appointed receivership in April 2025 after Truist Bank sought emergency relief, alleging the company had defaulted on approximately $26 million in debt and ceased operations. Aurora Management Partners was named receiver and authorized to manage the business, evaluate restructuring options, initiate bankruptcy proceedings if appropriate, and oversee the sale of company assets subject to court approval. GENESIS HEALTHCARE: Court Okays Tipton's In Forma Pauperis Request ------------------------------------------------------------------ Magistrate Judge Laura Fashing of the U.S. District Court for the District of New Mexico granted Tamara Tipton's application to proceed in forma pauperis in the case captioned as TAMARA TIPTON, Plaintiff, v. GENESIS HEALTH CARE, Defendant, Case No. 1:26-cv-01947-LF (D.N.M.). Plaintiff's motion for relief from automatic stay pursuant to 11 U.S.C. Sec. 362(d) is denied without prejudice. The Court acknowledges that Plaintiff is unable to pay the costs of this proceeding because she signed an affidavit stating she is unable to pay the costs of this proceeding and her monthly expenses are approximately equal to her monthly income. Plaintiff seeks an order granting relief from the automatic stay pursuant to 11 U.S.C. Sec. 362(d) to permit her to prosecute employment-related claims against Genesis Healthcare. The District of New Mexico has referred all cases under the Bankruptcy Code and all proceedings arising under the Bankruptcy Code or arising in or related to a case under the Bankruptcy Code to the bankruptcy judges for the district to the extent permitted by law. A copy of the Court's Order dated July 2, 2026, is available at http://urlcurt.com/u?l=NIBklRfrom Pacermonitor.com About Genesis Healthcare Inc. Based in Culver City, Calif., Genesis Healthcare Inc. is a medical group that provides physician services in Southern California. Genesis Healthcare has operated under the names Daehan Prospect Medical Group and Prospect Genesis Healthcare. Genesis Healthcare Inc. and several affiliated debtors sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Tex. Lead Case 25-80185) on July 9, 2025. In its petition, Genesis Healthcare Inc. listed between $1 billion and $10 billion in estimated assets and liabilities. The Hon. Bankruptcy Judge Stacey G. Jernigan handles the jointly administered cases. The Debtors employed McDermott Will & Schulte LLP as counsel; Jefferies LLC as investment banker; and Ankura Consulting Group, LLC, as restructuring advisors, and designated Louis E. Robichaux IV and Russell A. Perry as co-chief restructuring officers. Katten Muchin Rosenman LLP serves as special counsel at the sole direction of Jonathan Foster and Elizabeth LaPuma in their capacity as independent directors and members of the special investigation committee. The U.S. Trustee appointed an official committee of unsecured creditors in the Chapter 11 cases of Genesis Healthcare Inc. and affiliates. The committee retained Proskauer Rose LLP and Stinson LLP as its co-counsel; FTI Consulting, Inc., as its financial advisors; and Houlihan Lokey Capital, Inc. as its investment banker. HEALTHCARE FOR ALL: Hires Singer & Falk CPAs as Accountant ---------------------------------------------------------- Healthcare for All Women OB/GYN, PLLC and affiliates seeks approval from the U.S. Bankruptcy Court for the Eastern District of New York to hire Singer & Falk CPAs as accountant. The firm will render these services: (a) assist the Debtor with respect to its financial duties and obligations as a debtor-in-possession; (b) prepare all necessary operating reports and tax returns; (c) attend Court and meetings with clients and other professionals when necessary; (d) identify preferential payments and fraudulent conveyances and any possible avoidance actions to be commenced by the Debtor and to provide testimony and or analysis in connection therewith; (e) provide testimony in connection with Court proceedings; (f) provide services relating to plan formulation, plan projections and liquidation analysis; (g) consult on litigation matters, as necessary; (h) perform all other accounting services which the Debtor may require during this proceeding. The firm will be paid at these rates: Partners/Directors $300 per hour Staff Accountants $220 per hour Para-professionals $110 per hour S&F will provide the monthly bookkeeping services at the flat rate of $1,250 per month. S&F requests a post-petition retainer in the amount of $8,000 from the Debtors. As disclosed in the court filings, Singer & Falk CPAs represents no interest adverse to the Debtor or the estate and is a "disinterested person" as that term is defined by 11 U.S.C. Section 101(14). The firm can be reached through: Jerrold G. Silverman, CPA Singer & Falk CPAs 48 South Service Road, Suite 404 Melville, NY 11747 Phone: (516) 938-1828 About Healthcare for All Women OB/GYN Healthcare for All Women OB/GYN PLLC, which operates a women's health clinic in Great Neck, New York, provides obstetric and gynecological services including preventive care, reproductive health management, and routine screenings. The practice delivers patient-centered care through services such as prenatal management, gynecologic examinations, and diagnostic evaluations, supporting patients across different stages of care within a single clinical setting. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. N.Y. Case No. 26-71056) on March 17, 2026. In the petition signed by Sarita Khatri, MD, managing member, the Debtor disclosed $7,306,957 in total liabilities. Robert J. Spence, Esq., at Spence Law Office, P.C., represents the Debtor as bankruptcy counsel. HILL METAL: Chapter 11 Bankruptcy Plan Due January 4 ---------------------------------------------------- On July 6, 2026, Hill Metal Development, LLC filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Kansas. According to court filings, the Debtor reports approximately $6,992,455 in liabilities owed to 1-49 creditors. A meeting of creditors under Section 341(a) to be held on August 10, 2026 at 01:30 PM at Conf Call by US Trustee. The Chapter 11 Plan and Disclosure Statement must both be filed by January 4, 2027. About Hill Metal Development, LLC Hill Metal Development, LLC is a Kansas City, Missouri-based hotel real estate company that owns the Holiday Inn Express & Suites Kansas City Sports Complex Area, a lodging property at 8551 E. Blue Parkway Drive in Kansas City, Missouri. Hill Metal Development, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Kan. Case No. 26-20999) on July 6, 2026. In its petition, the Debtor reports total assets of $7,151,592 and total liabilities of $6,992,455. The Honorable Dale L. Somers handles the case. The Debtor is represented by Colin N. Gotham, Esq., of Evans & Mullinix, P.A. HILTON GRAND: Moody's Rates New $850MM First Lien Term Loan 'Ba3' ----------------------------------------------------------------- Moody's Ratings assigned a Ba3 rating to Hilton Grand Vacations Borrower LLC's (HGV) new $850 million senior secured first lien term loan B due 2033. HGV will use the proceeds to refinance the $849 million first lien term loan B due in 2028. The company's existing ratings, including the B1 corporate family rating, B1-PD probability of default rating, the Ba3 senior secured notes rating, the Ba3 senior secured bank credit facility ratings and the B3 senior unsecured notes ratings are unaffected by the arrangement of the new term loan. The outlook remains unchanged at stable. RATINGS RATIONALE HGV's B1 corporate family rating reflects its competitive position in the time-share market, with a well-recognized brand name and relationship with Hilton Worldwide Holdings Inc. (Hilton), which makes Hilton's global hotel system available to HGV members. The ratings also reflect HGV's upscale focus on urban and resort markets with high inherent demand. Constraints on the rating include the high risk profile in the financing segment as an originator of consumer loans to finance sales of vacation ownership interests and high adjusted debt/EBITDA. The stable outlook reflects Moody's expectations that Hilton Grand Vacations Borrower LLC will be able to maintain performance, albeit with higher leverage and lower interest coverage as compared to historical norms. FACTORS THAT COULD LEAD TO AN UPDGRADE OR DOWNGRADE OF THE RATING The ratings could be downgraded if adjusted debt/EBITDA (inclusive of securitized debt) is sustained above 6.5x. A downgrade could also occur if EBITDA/interest expense, including financing expense as interest expense, is sustained close to or below 2.0x or liquidity weakens. Ratings could be upgraded if adjusted debt/EBITDA is reduced towards 5.25x, EBITDA/interest expense approaches 3.0x and good liquidity is maintained. The principal methodology used in this rating was Business and Consumer Services published in February 2026. Headquartered in Orlando, Florida, Hilton Grand Vacations Borrower LLC is a wholly owned subsidiary of Hilton Grand Vacations, Inc. a public company listed on NYSE. Hilton Grand Vacations, Inc. is a global timeshare company engaged in developing, marketing, selling and managing timeshare resorts under the Hilton Grand Vacations brand name. It also finances and services loans provided to consumers for their timeshare purchases. The standalone company manages over 200 resorts located in the US, Europe, Mexico, the Caribbean, Canada and Japan. Net revenue for the 12 months ended March 31, 2026 was about $5.2 billion. HOUSE OF DOGE: Completes Merger, Starts HODO Stock Trading ---------------------------------------------------------- Brag House Holdings Inc. completed its merger with privately held House of Doge Inc., a Texas corporation, and changed its name to House of Doge Inc., according to a Form 8-K filed with the Securities and Exchange Commission. The merger closed June 30, 2026. The Texas company survived as a wholly owned subsidiary after merging with Brag House Merger Sub Inc. Former holders of the Texas company's stock and restricted stock units beneficially owned about 90.66% of House of Doge's outstanding common stock and 83.32% of its fully diluted common stock after the merger. The company's common stock began trading under the symbol HODO on July 1. Pre-merger operations were transferred to a Brag House subsidiary. The filing also reported board and management changes. Marco Margiotta became chief executive officer, Charles Park became chief financial officer, and Michael Galloro, Sarosh Mistry, Timothy Stebbing, Doug Wall, Stephen Ilott and Duncan Moir were appointed to the board. About House of Doge Inc. House of Doge Inc., formerly Brag House Holdings, Inc., is a digital asset and blockchain infrastructure company focused on advancing the use of Dogecoin in payments, financial products, real-world asset tokenization and cultural partnerships. The company develops infrastructure to support the use of Dogecoin in payments, financial products and other everyday commercial applications. In an audit report dated March 30, 2026, CBIZ CPAs P.C. included a going-concern paragraph, citing significant losses and the need to raise additional funds to meet obligations and sustain operations. The auditor said these conditions raised substantial doubt about Brag House's ability to continue as a going concern. As of March 31, 2026, House of Doge Inc. reported total assets of $12.33 million, total liabilities of $10.22 million and total stockholders' equity of $2.11 million. HUGHES SATELLITE: CEO Akhavan Resigns; Ergen Takes Role ------------------------------------------------------- President and Chief Executive Officer Hamid Akhavan resigned, and Charles W. Ergen will take over Akhavan's responsibilities as principal executive officer of Hughes Satellite Systems Corporation, according to a Form 8-K filed with the Securities and Exchange Commission. Akhavan also resigned as chief executive officer of EchoStar Capital and from the EchoStar and Hughes boards, effective July 6, 2026. The filing said the resignation followed discussions with the board regarding a change in strategic direction. Akhavan will remain available to the company and Hughes for consultation through Dec. 31, 2026, to help with an orderly transition. The company and Akhavan also modified his letter agreement to accelerate vesting on July 6 of certain options that were previously scheduled to vest Dec. 31, 2026. In addition, the filing disclosed EchoStar Capital will fold into Corporate Development, which is run by Thomas A. Cullen. About Hughes Satellite Systems Corporation Hughes Satellite Systems Corporation is a subsidiary of EchoStar Corporation that provides broadband satellite technologies, broadband internet products and services, managed services, equipment, hardware, satellite services, and communications solutions. The company is based in Englewood, Colorado, and was formed in 2011 to facilitate EchoStar's acquisition of Hughes Communications, Inc. Hughes serves consumer, enterprise, government, aeronautical, airline, and mobile network operator markets, including unserved and underserved consumer markets in the Americas through leased EchoStar XXIV capacity. As of Dec. 31, 2025, the company had 739,000 broadband subscribers. In an audit report dated March 30, 2026, KPMG LLP included a going-concern paragraph, citing significant debts maturing in 2026 and the absence of necessary cash, projected cash flows or committed financing to fund obligations for at least 12 months. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, Hughes Satellite Systems Corporation reported total assets of $1.9 billion, total liabilities of $2.76 billion and total stockholders' deficit of $856.51 million. ICORECONNECT INC: May Pay CEO Chambers $20,000 as Admin Expense --------------------------------------------------------------- Judge Grace E. Robson of the U.S. Bankruptcy Court for the Middle District of Florida granted, in part, iCoreConnect Inc.'s motion for reconsideration of the order which denied its request to pay compensation and bonuses to the executive management team and directors. The Office of the United States Trustee objected to the Motion for Reconsideration. This case was filed on June 2, 2025. Shortly thereafter, iCore Midco filed the Officer Salary Motion, seeking authority to compensate certain Officers for postpetition services. The Officer Salary Motion detailed the compensation amounts paid to the Officers in the one-year period preceding the bankruptcy case and sought authority to pay the Officers at "reduced compensation levels" starting in July 2025. On July 28, 2025, the Debtors filed a Sale Motion seeking to sell substantially all of their assets pursuant to a competitive process. The Sale Motion represented that prior to the Petition Date, the Debtors extensively marketed the sale of their businesses to numerous parties, and that since the Petition Date, the Debtors, through their management team, have again conducted an extensive marketing campaign. The Court approved sale and bidding procedures, including approval of the purchase agreement with Colortech Holdings, LLC to serve as a stalking horse bid that was subject to the Debtors' receipt of higher and better offers. An auction was scheduled for Sept. 15, 2025, and a hearing to approve the sale was scheduled for Sept. 29, 2025. Based on the results of the auction, the Court found that Standard Dental, LLC made the highest and best offer and approved the sale to it. Shortly after the sale was approved, the Debtors filed their Disclosure Statement and Plan. The Plan proposed to pay certain compensation and bonuses to officers and directors, subject to approval by this Court. The Court scheduled a combined hearing for Jan. 27, 2026 to consider confirmation of the Plan and final approval of the Disclosure Statement. At the hearing, the Plan was confirmed and the Disclosure Statement was approved on a final basis. A few hours before the Jan. 27, 2026 hearing, the Debtors filed their Motion to Pay, requesting authority to pay $205,333.34 in compensation and bonuses, broken down as follows: (a) $82,333.34 as compensation for the officers, Interim CEO Adam Chambers, and the directors who were either not compensated at all during this case, or to true up reduced compensation paid during this case with pre-bankruptcy salary amounts; and (b) $115,000 to Chambers, Vice President of Business Development Jeffrey Stellinga, and the officers as bonuses for their efforts in connection with the asset sale. The Court held a hearing to consider the Motion to Pay on March 12, 2026. After reviewing the record, the Court concluded the Debtors failed to meet their burden and entered the Order. The Debtors argue the Court made errors of law and fact that warrant reconsideration of the Order as to the Compensation pursuant to Rules 5927 and 60. First, they argue that the Court erred in relying on the Final Order to deny the Compensation because Court approval was not required and compensation can be revisited at any time during a case. Second, they argue it was error to deny the Compensation to Chambers based on his absence from Schedule G because Chambers' salary was not rooted in a prepetition contract and would not be listed in Schedule G; instead, Chambers agreed to accept $5,000 per month for post-petition services -- an amount "massively below" the median and mean wage for chief executive officers in Florida. The Debtors' third argument is that it was error to deny the Compensation as to the Directors based on lack of support because the Directors' compensation was set forth in public filings submitted to the U.S. Securities and Exchange Commission, which reflected amounts higher than the reduced compensation the Directors agreed to be paid during the bankruptcy case. The UST argues the Debtors failed to meet their burden to demonstrate entitlement in the first instance and any error was based on their failure to provide the requisite evidence. The Court finds that there was an error of fact in connection with the Court's ruling as to Chambers and therefore cause exists to reconsider the Order regarding the Compensation solely as to Chambers. However, the Debtors have failed to demonstrate the existence of newly available evidence, clear error, or manifest injustice, and have failed to set forth any mistake, inadvertence, surprise, or excusable neglect as to the officers and the directors; accordingly, the Court finds that cause does not exist to reconsider the Order as to the compensation with respect to the officers and the directors. The Order Scheduling Confirmation provided that a party asserting entitlement to allowance of an administrative expense under Sec. 503(b) was required to file an application for allowance of the administrative expense by the Sec. 503(b) Deadline. Neither the officers, Chambers, nor the directors filed a timely application for allowance of administrative expense. According to the Court, because the Debtors obtained approval to pay the officers reduced compensation, the officers were required to file an application for allowance of administrative expense for the true-up compensation amounts. Because there was insufficient information provided as to entitlement and amount of compensation for the directors, the directors were likewise required to file an application for allowance of the requested compensation. While the Court can consider the Motion to Pay as an untimely request for an administrative expense, for the same reasons articulated supra, the Court finds cause does not exist to permit the tardy filing. However, Chambers was not included in the Officer Salary Motion; therefore, the Court considers his salary an ordinary course administrative expense that was not subject to the requirement to file an application based on the terms of the Amended Plan. The Debtors also sought to pay bonuses to the executives based on their efforts to achieve a sale of the Debtors' assets. The Debtors alleged that these efforts resulted in a sale price double the amount that was proposed pursuant to a prepetition Article 9 sale. The Debtors contend that the executives' efforts doubled the sale price that was achieved by providing investment banking services. However, the Court cannot consider approving the bonuses based solely on the Debtors' business judgment to reward such efforts under Sec. 363 as doing so would ignore the limitations contained in Sec. 503(c). Concluding that Sec. 503(c)(3) is applicable to the bonuses, the Court cannot find the bonuses are justified by the facts and circumstances of this case. The Court reconsiders the order as to Chambers so that the Debtors or the Liquidating Trustee is authorized to pay Chambers $20,000 as an administrative expense under Sec. 503(b), representing post-petition compensation for the months of June, July, August, and September 2025. The balance of the relief requested in the Motion for Reconsideration is denied. A copy of the Court's Memorandum Opinion and Order dated July 1, 2026, is available at http://urlcurt.com/u?l=jyueWJfrom Pacermonitor.com. About iCoreConnect Inc. iCoreConnect Inc. provides cloud-based software solutions for the healthcare sector across the United States. Its SaaS offerings support functions such as ePrescribing, insurance verification, claims management, analytics, and HIPAA-compliant communication and backup. The company is headquartered in Ocoee, Florida. iCoreConnect and iCore Midco Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Lead Case No. 25-03390) on June 2, 2025, listing between $1 million to $10 million in estimated assets and liabilities. The Debtors are represented by Stichter Riedel Blain & Postler, P.A. as counsel. Nelson Mullins Riley & Scarborough LLP serves as Special Business Immigration Counsel for the Debtors. Judge Grace E. Robson confirmed the Debtors' Amended Plan of Liquidation on Jan. 27, 2026. Robert Morrison has been appointed as Liquidating Trustee. He is represented by: R. Scott Shuker, Esq. SHUKER & DORRIS, P.A. 121 S. Orange Avenue, Suite 1120 Orlando, Florida 32801 Telephone: 407-337-2060 Facsimile: 407-337-2050 E-mail: rshuker@shukerdorris.com Stretto, Inc. has been appointed as Distribution Agent to assist the Liquidating Trustee. Archit Shah, CPA and Cadence Consulting Services, LLC serve as the Trustee's consultant. IES ELEVATOR: Unsecured Creditors to Split $20K over 60 Months -------------------------------------------------------------- IES Elevator Group Corp. filed with the U.S. Bankruptcy Court for the District of Puerto Rico a Plan of Reorganization dated June 30, 2026. The Debtor is a company dedicated to the sale, servicing, installation, and repair of all types of commercial and residential elevators. The Debtor generates income from the sale of elevators, as well as from ongoing installations, maintenance, servicing, and warranty-related work associated with such systems. The Debtor acknowledges that Drexyariel Velazquez Rivera, as the sole owner of the Debtor, may be considered an insider within the meaning of Section 101(31) of the United States Bankruptcy Code. The Debtor's filing was primarily necessitated after the termination of the Debtor's primary line of credit used for the acquisition of equipment, which caused significant complications in the Debtor's ability to continue fulfilling services and operational obligations in the ordinary course of business. Simultaneously, the Debtor experienced a decline in the number of secured projects, which further impacted the business's incoming revenue and overall cash flow. As a result of these combined circumstances, the Debtor sought relief under Chapter 11 to stabilize operations, preserve the business as a going concern, and formulate a feasible reorganization strategy for the benefit of creditors and all parties in interest. This Plan of Reorganization proposes to pay creditors of the Debtor from: (a) cash reserves as of the date of the Order of Relief; (b) cash flows generated from the Debtor's post-petition operations; and (c) cash-flows generated from Debtor's post confirmation operations. This Plan provides for payment of Administrative Claims, Priority Tax Claims, One Class of Secured Claims, One Class of Unsecured Claims, and a Class of Equity Interest Holders. The instant case proposes to pay the unsecured creditors a distribution of $20,000.00 on their respective Allowed Claims. Class Two consists of the Allowed General Unsecured Claims filed and/or scheduled by the Debtor, if any, allowed under § 502 of the Code. This Class consists of the prepetition unsecured claims against the Debtor, to the extent allowed, if any. It is estimated that Allowed Class Two Claims, if any, will be in the amount of $797,971.54. Holders of Allowed Class Two General Unsecured Claims shall receive pro rata distributions in the total amount of $20,000.00, in full and final satisfaction of their Allowed Claims. The aggregate distributions to this Class shall not exceed $20,000.00, regardless of the total amount of Allowed Class Two General Unsecured Claims. The Class Two distribution shall be funded through sixty equal monthly installments of $333.33 each, commencing on the first day of the second month following the Effective Date of the Plan. Class Three consists of the Equity Interest of the Debtor in the Property of the Estate. The Debtor will retain its Ownership Interest in the Property of the Estate. The Plan will be funded from the income generated or received by the Reorganized Debtor and the reserves held by the Debtor as of the Effective Date of the Plan. The Debtor will contribute their cash flows to fund the Plan commencing on the Effective Date of the Plan and continue to contribute through the date to Holders of Allowed Class 1 through 2 Claims, in addition to Priority Claims, receive the payments specified for in the Plan. The Plan Proponents believe that the Debtor will have enough cash on hand on the effective date of the Plan to pay all the claims and expenses that are entitled to be paid on that date. The Debtor estimates that, at the time of an Order of Confirmation, the Debtor will have sufficient liquid assets to fund the Plan. The source of Debtor's cash flow will come from the operation of Debtor's businesses and salaried compensation. A full-text copy of the Plan of Reorganization dated June 30, 2026 is available at https://urlcurt.com/u?l=qrjBOL from PacerMonitor.com at no charge. Counsel to the Debtor: William Rivera Velez, Esq. The Batista Law Group, PSC Capital Center I 239 Ave Arterial de Hostos Suite 206 San Juan PR 00918 Telephone: (787) 620-2856 Facsimile: (787) 777-1589 About IES Elevator Group Corp. IES Elevator Group Corp. is a company dedicated to the sale, servicing, installation, and repair of all types of commercial and residential elevators. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.P.R. Case No. 26-01519) on April 1, 2026, with $0 to $50,000 in assets and $500,001 to $1 million in liabilities. The Debtor tapped Jesus Enrique Batista Sanchez, Esq., at The Batista Law Group, PSC as counsel and Manuel E. Feliciano Rios, CPA, as financial consultant. INSPIRED HEALTHCARE: Cavazos Hendricks Represents Creditors ----------------------------------------------------------- In the Chapter 11 bankruptcy cases of Inspired Healthcare Capital Holdings, LLC and its debtor-affiliates, Cavazos Hendricks Poirot, P.C. filed with the United States Bankruptcy Court for the Northern District of Texas, Forth Worth Division, a Verified Statement pursuant to Bankruptcy Rule 2019 to inform the Court that the firm represents the Trustees of the Remus Family Revocable Living Trust. According to the Verified Statement, Cavazos Hendricks Poirot, P.C. was contacted separately by Henricks Investments LLC, Goodrich & Associates LP, and Remus Family Revocable Living Trust to represent their claims as bankruptcy counsel in the Inspired Healthcare bankruptcy proceeding. Specifically, each claimant invested in a Debtor-affiliated entity. Cavazos Hendricks is aware that the claims are similar to general unsecured claims and believes its representation does not present a conflict, but out of an abundance of caution, discloses this information. The creditor names, addresses, nature of claims, and amount of investments held by each of them in relation to the Debtors, are: 1. Brett Henricks and Henricks Investments LLC 7470 Dairy Ranch Road, Colorado Springs, CO 80919 Nature of Claim Mr. Henricks' capital investments in Inspired Senior Living of Athens DST. Henricks Investments LLC's capital investment in Inspired Senior Living of Naperville DST and Inspired Healthcare Capital Peachtree DST Amount $1,260,734.64 2. Living Trust of Jacalyn M. Goodrich and Goodrich & Associates, LP 400 Walnut Street, Lebanon, OR 97355 Nature of Claim Trust's capital investment in Inspired Senior Living of Naperville DST and Goodrich & Assoc.'s capital investment in Inspired Healthcare Capital Income Fund 5 Amount $540,000.00 3. Greg and Camille Remus as Trustees of the Remus Family Revocable Living Trust 188 Desiree Drive, Grand Forks, ND 58201 Nature of Claim Trust's capital investment in Inspired Healthcare Capital Liquidity Fund, LLC Amount $750,000.00 Attorneys for Brett Henricks, Henricks Investments LLC, Living Trust of Jacalyn M. Goodrich, Goodrich & Associates, LP, and Greg and Camille Remus as Trustees of the Remus Family Revocable Living Trust: Steven T. Holmes, Esq. John Dee Spicer, Esq. Nicole S. Wood, Esq. CAVAZOS HENDRICKS POIROT, P.C. Suite 570, Founders Square 900 Jackson Street Dallas, TX 75202 Tel: (214) 573-7300 Email: sholmes@chfirm.com, jspicer@chfirm.com nwood@chfirm.com About Inspired Healthcare Capital Holdings, LLC Inspired Healthcare Capital Holdings, LLC, owns senior living communities across the U.S. that provide independent living, assisted living, and memory care services. It operates in the senior housing and healthcare real estate sector, with day-to-day community operations managed by third-party operators under management agreements, while the Company retains control over non-community business functions. Inspired Healthcare Capital Holdings sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Texas Lead Case No. 26-90004) on Feb. 2, 2026. In the petition signed by M. Benjamin Jones, chief restructuring officer, Inspired Healthcare Capital Holdings reported between $1 billion and $10 billion in both assets and liabilities. Judge Mark X. Mullin oversees the cases. The Debtors tapped McDermott Will & Schulte, LLP as bankruptcy counsel; Ankura Consulting Group, LLC as financial advisor; Raymond James & Associates, Inc. as investment banker; and Epiq Corporate Restructuring, LLC as claims, noticing, and solicitation agent. The Debtors hired DLA Piper LLP (US) as conflicts counsel and Reid Collins & Tsai LLP as special litigation counsel. BDO USA, P.C. serves as tax accountant. The official committee of unsecured creditors appointed hired Berkeley Research Group, LLC as financial advisor; Greenberg Traurig, LLP as attorney; and Vartabedian Katz Hester & Haynes LLP as its conflicts counsel. Ferguson Braswell Fraser Kubasta PC represents the Ad Hoc Committee of DST Investors. Jones Walker, LLP represents the Ad Hoc Group of Lenders in Inspired Healthcare Capital Income Fund 5. Holland & Knight, LLP represents the Ad Hoc Group of Unencumbered DST Investors. The U.S. Trustee for Region 6 appointed Mairead Painter as patient care ombudsman at Connecticut senior living facility; Timothy Hunter as patient care ombudsman at Minnesota senior living facility; Terri Cantrell as patient care ombudsman at Florida senior living facilities; Salli Pung as patient care ombudsman at the Michigan senior living facilities; Amanda Celentano as patient care ombudsman at Maryland senior living facility; Kelly Richards as patient care ombudsman at Illinois senior living facilities; Marie Coe as patient care ombudsman at Nevada senior living facilities; and Melanie McNeil as patient care ombudsman at Georgia senior living facilities. Susan Goodman of Pivot Health Law, LLC and Laurie Facciarossa Brewer were also named as patient care ombudsman. INTEGRATED PROTEINS: Committee Taps Martin Pringle as Counsel ------------------------------------------------------------- The official committee of unsecured creditors appointed in the Chapter 11 cases of Integrated Proteins, LLC and its affiliates seeks approval from the U.S. Bankruptcy Court for the District of Kansas to employ Martin, Pringle, Oliver, Wallace & Bauer, LLP as local counsel. The firm will provide these services: (a) advise the committee and McDermott with respect to its rights, powers, and duties in the Chapter 11 cases; (b) assist and advise the committee and McDermott in its meetings and negotiations with the Debtors and other parties in interest regarding the Chapter 11 cases; (c) assist the committee and McDermott in analyzing claims asserted against, and interests in, the Debtors, and in negotiating with the holders of such claims and interests and bringing, or participating in, objections or estimation proceedings with respect to such claims and interests; (d) assist the committee and McDermott in its analysis of and negotiations with, the Debtors or any third party related to, the formulation, confirmation, and implementation of a Chapter 11 plan(s) and all documentation related thereto; (e) assist and advise the committee and McDermott with respect to communications with the general creditor body regarding significant matters in the Chapter 11 cases; (f) represent the committee at hearings and other proceedings before the Court and other courts or tribunals, as appropriate; (g) review and analyze complaints, motions, applications, orders, and other pleadings filed with the Court, and advise the committee with respect to formulating positions with respect, and filing responses, thereto; (h) advise the committee and McDermott with respect to applicable federal and state regulatory issues, as such issues may arise in the Chapter 11 cases; (i) assist the committee and McDermott in preparing pleadings and applications, and pursuing or participating in adversary proceedings, contested matters, and administrative proceedings as may be necessary or appropriate in furtherance of the committee's duties; (j) take all necessary or appropriate actions as may be required in connection with the administration of the Debtors' estates; and (k) perform such other legal services as may be necessary or as may be requested by the committee in accordance with the committee's powers and duties as set forth in the Bankruptcy Code. The firm's counsel will be paid at these hourly rates: Partners $600 Associates $350 Non-Lawyer Professionals $200 In addition, the firm will seek reimbursement for expenses incurred. William Griffin, Esq., a partner at Martin, Pringle, Oliver, Wallace & Bauer, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: William R. Griffin, Esq. Martin, Pringle, Oliver, Wallace & Bauer, LLP 645 E. Douglas Ave., Suite 100 Wichita, KS 67202 Telephone: (316) 265-9311 Email: wrgriffin@martinpringle.com About Integrated Proteins LLC Integrated Proteins, LLC and affiliates sought protection under Chapter 11 of the Bankruptcy Code (Bankr. D. Kan. Lead Case No. 26-20713) on May 6, 2026. At the time of filing, Debtors had estimated assets of between $50,000,001-$100 million and liabilities of between $100,000,001-$500 million. Judge Dale L. Somers oversees the case. Prelle Eron & Bailey, P.A. and Haupt Law PC serve as the Debtors' legal counsel. David R. Payne, executive managing director at Marshall & Stevens serves as the Debtor's chief restructuring officer. IVS COMM: Seeks Subchapter V Bankruptcy in Michigan --------------------------------------------------- On July 6, 2026, IVS Comm, Inc. filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Eastern District of Michigan. According to court filings, the Debtor reports between $100,001 and $500,000 in liabilities owed to 1-49 creditors. A meeting of creditors under Section 341(a) to be held on August 6, 2026 at 11:00 AM via By Telephone. The Chapter 11 Small Business Subchapter V Plan is due by October 5, 2026, while the Statement of Financial Affairs must be filed by July 21, 2026. About IVS Comm, Inc. IVS Comm, Inc., is a provider of cloud communication services for small to medium-sized companies that need the functionality and quality offered to large companies at an affordable cost. The company is based in Plymouth, Mich. IVS Comm, Inc. sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Mich. Case No. 26-47549) on July 6, 2026. In its petition, the Debtor reports estimated assets of $100,001 to $500,000 and estimated liabilities of $100,001 to $500,000. The Honorable Thomas J. Tucker handles the case. The Debtor is represented by Donald C. Darnell. Richardo I. Kilpatrick is appointed Subchapter V Trustee. JAYBROOK RENTALS: Seeks to Hire Bright Star as Auctioneer --------------------------------------------------------- Jaybrook Rentals, LLC seeks approval from the U.S. Bankruptcy Court for the Southern District of West Virginia to employ Bright Star Realty and Auctions, LLC as auctioneer. The firm will assist the Debtor in its reorganization and the sale of its personal property. The firm will receive a commission of a flat $500 for each piece of personal property sold, a $250 cataloging fee, plus any online fees and any costs of preparing the personal property for sale. Myron Nissley, a virtual auction coordinator at Bright Star Realty and Auctions, 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: Myron Nissley Bright Star Realty and Auctions, LLC 11451 N. 400 W. Ligonier, IN 46767 Telephone: (574) 536-2481 Email: mn@brightstarauctions.com About Jaybrook Rentals Jaybrook Rentals, LLC, based in Summersville, West Virginia, is a limited liability company engaged in real estate rental and leasing. Jaybrook Rentals, LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. S.D. W.V. Case No. 26-20054) on March 2, 2026, listing $1 million to $10 million in both assets and liabilities. The petition was signed by Billy R. Dyer as member. Judge B. McKay Mignault presides over the case. Brian R. Blickenstaff, at Johns & Associates, PLLC serves as the Debtor's counsel. JONES & REYNOLDS: Seeks Chapter 11 Bankruptcy in New York --------------------------------------------------------- On July 6, 2026, Jones & Reynolds Enterprise LLC filed for Chapter 11 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 $500,000 in liabilities owed to 1-49 creditors. A meeting of creditors under Section 341(a) to be held on August 7. 2026 at 11:00 AM at USA Toll-Free (888) 330-1716, USA Caller Paid/International Toll (713) 353-7024, Access Code 3913464. The Chapter 11 Plan and Disclosure Statement must both be filed by November 3, 2026. About Jones & Reynolds Enterprise LLC Jones & Reynolds Enterprise LLC is a New York-based limited liability company. Jones & Reynolds Enterprise LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D.N.Y. Case No. 26-72690) on July 6, 2026. In its petition, the Debtor reports estimated assets of $100,001 to $500,000 and estimated liabilities of $100,001 to $500,000. The Honorable Louis A. Scarcella handles the case. JS&A FIRE: Gets Interim OK to Use Cash Collateral ------------------------------------------------- The U.S. Bankruptcy Court for the Northern District of Texas, Fort Worth Division, entered an interim order authorizing JS&A Fire and Safety, LLC to use the cash collateral of Cadence Bank/Huntington Bank to fund operations. The court authorized the Debtor to use cash collateral in accordance with the budget, subject to a 10% variance per budget line item. This authorization remains effective until entry of a subsequent or final order. The budget may be modified before the final hearing with the agreement of the Debtor and the lender, subject to further court approval. As adequate protection for any decline in the value of the lender's collateral, the court granted the lender replacement liens on the Debtor's post-petition equipment, inventory, and accounts, maintaining the same validity and priority as the lender's pre-petition liens. The replacement liens exclude bankruptcy avoidance actions and their proceeds and are subordinate to a carveout covering approved professional fees, U.S. Trustee fees, Subchapter V trustee fees, and court clerk fees. The order also preserves the rights of the Debtor and other parties to challenge the validity, priority, or enforceability of the lender's liens at a later stage. A copy of the court's order and the Debtor's budget is available at https://short.do/Jti1vY from PacerMonitor.com. The court scheduled a final hearing for July 20, with objections due by July 15. About JS&A Fire and Safety LLC JS&A Fire and Safety, LLC is a systems integration company based in Dallas, Texas. The company provides design, sale, installation, and service for fire alarm, fire sprinkler and suppression, life safety, security, and intrusion alarm systems. Its offerings also include access control, parking and revenue control, EV charging stations, monitoring services, video surveillance and recording, emergency/mass notification systems, security reviews and assessments, and tests and inspections. JS&A Control Systems serves sectors including industrial, retail, commercial, education, government, healthcare, and hospitality. JS&A Fire and Safety filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. N.D. Texas Case No. 26-42647) on June 17, 2026, with $174,920 in total assets and $1,593,679 in total liabilities. James R. Stofer, president of JS&A Fire and Safety, signed the petition. Judge Edward L Morris oversees the case. Robert T. DeMarco, Esq., at Demarco Mitchell, PLLC, represents the Debtor as legal counsel. Scott Seidel serves as Subchapter V trustee for the Debtor. JW COLE INVESTMENTS: Hires Hoover & Company PC as Accountant ------------------------------------------------------------ JW Cole Investments, LLC and affiliates seek approval from the U.S. Bankruptcy Court for the Eastern District of Arkansas to hire Hoover & Company, P.C. as accountant. The firm will render these services: a. complete on behalf of Debtors, all necessary financial reports, monthly financial reports, quarterly summary reports, reconciliations, and any other reports, compilations or documents relating thereto so that the Debtors can provide accurate information to the Court, the U.S. Trustee, the Subchapter V Trustee, and other parties, as may be necessary; and b. perform all other accounting services for Debtors that may be necessary. The firm will receive a retainer in the amount of $2,500 and will charge his standard hourly rate with adjustments. As disclosed in the court filings, Hoover & Company, P.C. is a "disinterested person" within the meaning of 11 U.S.C. Sec. 101(14). The firm can be reached through: Jay C. Hoover, II, CPA Hoover & Company, P.C. 22461 I-30 Ste 401 Bryant, AR 72022 Phone: (501) 213-0177 Email: info@hooverandcompany.com About JW Cole Investments LLC JW Cole Investments, LLC, a company based in Kensett, Arkansas, provides funeral home and crematory services under the names Ascension Crematory, Sullivan Funeral Care, and Cole Funeral Home & Crematory, LLC. The company offers burial and cremation services, immediate-need arrangements, and veteran services. It serves families in White County and surrounding areas. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Ark. Case No. 26-11591) on April 21, 2026, with $1 million to $10 million in assets and liabilities. James Wesley Cole, member, signed the petition. Judge Bianca M. Rucker presides over the case. Vanessa Cash Adams, Esq., at the Law Office of Vanessa Cash Adams, Inc., represents the Debtor as bankruptcy counsel. KADEY-KROGEN YACHTS: Seeks Chapter 7 Bankruptcy in Delaware ----------------------------------------------------------- Peter Swanson of Loose Cannon reports that luxury trawler yacht manufacturer Kadey-Krogen has filed for Chapter 7 bankruptcy liquidation, ending nearly five decades of operations. The Delaware bankruptcy filing marks the closure of one of America's best-known builders of full-displacement cruising yachts after delivering nearly 700 vessels since 1977. The shutdown also affects American Tug, the Washington-based trawler manufacturer acquired by Kadey-Krogen in 2023. Under Chapter 7, companies discontinue operations and liquidate assets rather than reorganize under court supervision. Bankruptcy filings show Kadey-Krogen reported roughly $2.2 million in combined secured and unsecured debt while listing close to 100 creditors. The bankruptcy petition was executed by company President and CEO Tucker West, the report states. The company was established by Art Kadey and Jim Krogen, whose vision was to blend commercial-grade offshore performance with the comfort and elegance of a luxury cruising yacht. Manufactured in Taiwan, Kadey-Krogen vessels became highly regarded among long-distance cruisers and earned a reputation as one of the leading names in the trawler yacht segment, often compared with Nordhavn for offshore capability and craftsmanship, according to report. Court filings indicate that the post-pandemic boating boom faded sharply for the company. Revenue declined from approximately $14.9 million in 2024 to $10.1 million in 2025, before plunging to only $403,962 during the first half of 2026. At the time of filing, only two customer boats remained on order, including one nearly completed and largely paid for, while the second had not yet entered production. About Kadey-Krogen Yachts, LLC Kadey-Krogen Yachts, LLC is a U.S.-based yacht manufacturer and distributor recognized for its premium full-displacement trawler yachts. Kadey-Krogen Yachts, LLC sought relief under Chapter 7 of the U.S. Bankruptcy Code (Bankr. D.Del. Case No. 26-11065) on July 6, 2026. Honorable Bankruptcy Judge Brendan Linehan Shannon handles the case. The Debtor is represented by Joseph C. Barsalona II, Esq. of Pashman Stein Walder Hayden, P.C. KELHAM VINEYARD: Unsecureds to Recover 97% in Trustee's Plan ------------------------------------------------------------ Michael G. Kasolas, the Chapter 11 Trustee, filed with the U.S. Bankruptcy Court for the Northern District of California a Disclosure Statement describing Plan of Liquidation for Kelham Vineyard & Winery, LLC dated June 30, 2026. The Debtor operated a winery and vineyard business in St. Helena, California, in the Napa Valley wine region. Debtor was a closely held family-owned business. Prior to the commencement of this bankruptcy case, ownership and management of the Debtor became the subject of substantial disputes among members of the Nicholsen/Kelham family. Litigation commenced in Napa County Superior Court in 2021 involving disputes concerning management of the company, access to books and records, ownership interests, and the future operation of the winery. The primary assets in this case consisted of wine inventory and a lease entered into on or about December 26, 2005 (the "Ground Lease"), for Debtor's use and occupancy of 360 Zinfandel Lane, St. Helena (the "Property"). The Ground Lease, which expired January 1, 2025, was a significant asset for the estate due to its valuable buy-out rights. On July 20, 2023, an involuntary petition for relief under Chapter 11 of the Bankruptcy Code was filed against the Debtor by an entity controlled by Susanna Kelham (an insider of Debtor). On September 13, 2023, Michael G. Kasolas was appointed as Chapter 11 trustee of the Debtor's estate. At the commencement of the case through the end of 2024, Trustee operated the vineyard and winery business with assistance of former Debtor's managers. Trustee filed a sale motion subject to overbid on September 10, 2024 (the "First Sale Motion"); the sale included all wine assets, along with certain other intellectual property rights, including the Kelham Vineyards trademark. After adjustment under the terms of the purchase agreement, Trustee received a total purchase price in the amount of $2,035,194.00. Trustee filed a compromise and sale motion subject to overbid on April 24, 2025 (the "Second Sale Motion"). The Second Sale Motion provided for a global resolution with the Kelham parties (described in the Second Sale Motion), and a motion to compromise claims and sell remaining assets of the Estate, including resolution of the Ground Lease issues. The Second Sale closed on Friday, June 13, 2025, upon Trustee's receipt of the $1,650,000.00 cash portion of the Purchase Price. All assets have been liquidated and Trustee is holding $1,623,272.44 (as of June 29, 2026). Class 3 consists of Allowed Unsecured NonPriority Claims. On Effective Date, pro rata share of all remaining funds after payment of all nonclassified claims and the Class 2 payment. Pro-rata distribution is estimated to result in 97% recovery. Pro-rata means the entire amount of the fund divided by the entire amount owed to creditors with allowed claims in this class. On the Effective Date, the Allowed Class 3 Claim(s) will receive a pro rata share of all remaining funds after payment of all non-classified claims and the Class 2 payment. The remaining funds that will be available are estimated to total $337,634.82. The allowed unsecured claims total $347,506.41. Each equity interest shall be cancelled on the Effective Date. Because creditors will not be paid in full, there will be no distribution. All assets have been liquidated. Trustee is currently holding $1,623,272.44 (as of June 29, 2026). A full-text copy of the Disclosure Statement dated June 30, 2026 is available at https://urlcurt.com/u?l=Bmmvb8 from PacerMonitor.com at no charge. Attorneys for Michael G. Kasolas, Trustee: Mark S. Bostick, Esq. FENNEMORE WENDEL 1111 Broadway, 24th Floor Oakland, CA 94607 Tel: (510) 834-6600 Fax: (510) 834-1928 E-mail: mbostick@fennemorelaw.com About Kelham Vineyard & Winery Kelham Vineyard & Winery, LLC, is a family-owned and operated vineyard in St. Helena, Calif. On July 20, 2023, creditor Main Street Cottage, LLC, filed involuntary Chapter 11 petition against Kelham Vineyard & Winery (Bankr. N.D. Cal. Case No. 23-10384). The petitioning creditor is represented by Rebekah Parker, Esq., a practicing attorney in Oceanside, Calif. Judge William J. Lafferty, III oversees the case. Ryan C. Wood, Esq., serves as Kelham Vineyard & Winery's bankruptcy attorney. KING AT EIGHT: Case Summary & Three Unsecured Creditors ------------------------------------------------------- Debtor: King at Eight Enterprise, LLC 1290 Carrollwood Way Stone Mountain, GA 30083 Business Description: King at Eight Enterprise, LLC is a Stone Mountain, Georgia-based residential real estate rental company that owns and leases single-family homes across metro Atlanta, including properties in Atlanta, Decatur, Lithonia and Stone Mountain. Chapter 11 Petition Date: July 6, 2026 Court: United States Bankruptcy Court Northern District of Georgia Case No.: 26-58760 Debtor's Counsel: Leslie Pineyro, Esq. JONES & WALDEN LLC 699 Piedmont Avenue NE Atlanta, GA 30308 Tel: 404-564-9300 Fax: 404-564-9301 E-mail: info@joneswalden.com Total Assets: $1,950,560 Total Liabilities: $1,398,830 The petition was signed by Sonja Airall as manager. 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/M4JFVBI/King_at_Eight_Enterprise_LLC__ganbke-26-58760__0001.0.pdf?mcid=tGE4TAMA KNS HOLDCO: S&P Alters Outlook to Positive, Affirms 'CCC+' ICR -------------------------------------------------------------- S&P Global Ratings revised its outlook on KNS Holdco LLC to positive from negative and affirmed all its ratings including the 'CCC+' issuer credit rating. The positive outlook reflects KNS' improved operating performance and the potential for a higher rating if its credit metrics and FOCF improve in line with S&P's base case. KNS Holdco's operating performance has modestly improved on steady volume growth for its vitamins, minerals, and supplements (VMS) products and prudent operating spending, leading to improved free operating cash flow (FOCF). In addition, the company successfully divested its weight-management division in 2025, which S&P views as a credit positive given its very weak operating performance because of competition from GLP-1 weight-loss drugs. S&P said, "Albeit still weak, we forecast credit metrics will improve in 2026, with S&P Global Ratings-adjusted leverage of about 8.8x and EBITDA cash interest coverage of 1.5x. We expect KNS will generate positive FOCF of around $15 million in 2026, driven by EBITDA growth that we expect will continue into 2027, leading to further credit-metric and FOCF strengthening. "The positive outlook reflects improved operating performance and credit metrics through 2027. In 2026, we anticipate KNS will reduce its S&P Global Ratings-adjusted leverage to the high-8x area from 10.9x in 2025 (and 10.2x on March 31, 2026). We also expect it will improve its EBITDA cash interest to 1.5x (with EBITDA interest coverage of 1.2x due to interest paid in kind on the tranche C term loan), driven by EBITDA growth. "Following the successful divestiture of its weight-management business in 2025, we expect KNS to sustain low-single-digit percent revenue growth due to generally stable demand for its VMS products. While the VMS category is highly fragmented, the company's brands like Ancient Nutrition, Nugenix, Doctors Preferred, Instaflex, and Super Beta Prostate hold leading positions in niche sub-categories. In addition, we expect the company to benefit from category tailwinds in men's health, skin and joint health, and gut health as well as increased ecommerce channel expansion. As net revenue continues to increase, we expect EBITDA to grow modestly given the company's limited commodity cost exposure and prudent marketing and advertising spending. "In 2026, we expect FOCF will improve to around $15 million from $3 million in 2025 on greater EBITDA growth, with limited cash outflows for working capital and capital expenditures (capex) given its asset-light business model." However, KNS remains vulnerable to underperformance if unforeseen developments arise. The company participates in the highly fragmented VMS category, which has very low barriers to entry. The category has become increasingly competitive over the last few years due to a heightened focus on health and wellness and increased ecommerce channel expansion. S&P said, "Despite our expectation for improved operating performance, it will take KNS time to grow FOCF substantially because of its high debt-service requirements and limited scale; its EBITDA cash interest ratio was 1.2x for the period ending March 31, 2026. Therefore, any deviation from our base-case forecast could pressure FOCF and cause liquidity to decline." Lastly, profitability is concentrated among a few small brands, which is a risk if stable demand trends reverse, potentially due to a weakening macroeconomic environment including rising inflation or changing consumer behavior. Liquidity remains less than adequate. S&P expects KNS to improve liquidity modestly in 2026 through cash-flow generation, and it expects its revolving credit facility (RCF) will be undrawn at year end as it generates cash during the year. However, available liquidity remains limited should operating performance weaken. As of March 31, 2026, KNS had approximately $3.5 million in cash and $13 million drawn on its $50 million revolver. S&P said, "While nominal availability appears higher, we estimate only about $10 million of incremental revolver capacity before breaching its 5.8x quarterly net leverage covenant, which becomes effective if revolver borrowings exceed $17.5 million. Therefore, we continue to believe there is risk of a covenant breach if performance weakens and revolver borrowings increase. We recognize that the maximum net leverage covenant loosens to 6.05x at year-end from 5.8x during the year, which provides greater flexibility at year end when the company typically generates more cash. Though ultimately, we believe KNS would still have limited capacity to absorb a low-probability, high-impact liquidity event without restructuring its debt. That said, we expect the company to comfortably meet debt obligations over the next 12 months." The positive outlook reflects KNS' improved operating performance and the potential for a higher rating if its credit metrics and FOCF improve in line with S&P's base case. S&P could take a negative rating action if operating performance falls short of its expectations, including if EBITDA declines and FOCF becomes negative. This could occur if: -- Macroeconomic conditions weaken, leading to lower volumes, or input costs rise materially; or -- Competition in the highly fragmented VMS category increases, leading to weaker demand for the company's brands. S&P could raise the rating if KNS continues to improve its credit metrics, including sustaining EBITDA cash interest coverage of at least 1.5x and generating positive FOCF of at least $15 million. This could occur if: -- There is greater brand awareness and increased consumer spending on health and wellness products; -- KNS continues to prudently manage its operating spending and grows its gross profit; -- Total liquidity increases, including by potentially expanding its currently limited covenant cushion under the springing covenant; and -- Marketing and advertising investments drive high-value customer acquisitions, leading to continued revenue growth because of better customer retention. KONA COAST: Case Summary & Six Unsecured Creditors -------------------------------------------------- Debtor: Kona Coast Venture, Ltd. d/b/a Whitewater Amphitheater d/b/a Whitewater Music 11860 FM 306 New Braunfels, TX 78132 Business Description: Kona Coast Venture, doing business as Whitewater Amphitheater, is an outdoor live music venue in New Braunfels, Texas. Opened in 2007, the venue hosts concerts and live music events and provides related guest, ticketing, accessibility, booking, production, parking, transportation, and food and beverage information. The amphitheater serves artists, concertgoers, and visitors to the Texas Hill Country. Chapter 11 Petition Date: July 7, 2026 Court: United States Bankruptcy Court Western District of Texas Case No.: 26-51866 Judge: Hon. Aubrey L Thomas Debtor's Counsel: Lynn Hamilton Butler, Esq. HUSCH BLACKWELL LLP 111 Congress Avenue, Suite 1400 Austin, TX 78701 Tel: 512-479-9758 E-mail: lynn.butler@huschblackwell.com Estimated Assets: $10 million to $50 million Estimated Liabilities: $1 million to $10 million The petition was signed by William Korioth as manager. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/6CSCA2A/Kona_Coast_Venture_Ltd__txwbke-26-51866__0001.0.pdf?mcid=tGE4TAMA List of Debtor's Six Unsecured Creditors: Entity Nature of Claim Claim Amount 1. American Express $165,100 P.O. Box 981535 El Paso, TX 79998-1535 2. Comptroller of Public Accounts $79,433 111 E 17th Street Austin, TX 78774-0100 3. Comptroller of Public Accounts $16,726 P.O. Box 13528 Austin, TX 78774-0100 4. Texas Workforce Commission $312 Tax-Collections 101 E. 15th Street Austin, TX 78778-0001 5. U.S. Small Business Administration $140,865 SBA Disaster Loan Service Center 1545 Hawkins Blvd, Suite 202 El Paso, TX 79225-2652 6. United States Department of the Treasury $2,740 1619 Woodward Street Austin, TX 78722 KONA COAST: Seeks Chapter 11 Bankruptcy in Texas ------------------------------------------------ Nicholas Hernandez of My San Antonio reports that Kona Coast Venture Ltd., the operator of Whitewater Amphitheater, has filed for Chapter 11 bankruptcy protection, placing one of Central Texas' most recognizable concert venues under court-supervised restructuring. The petition was filed in the U.S. Bankruptcy Court in San Antonio on July 7, the same day a foreclosure sale involving the property was scheduled. Bankruptcy filings estimate the company's assets at $10 million to $50 million and liabilities between $1 million and $10 million. The company said the filing represents a proactive effort to strengthen its financial position while maintaining uninterrupted operations. Whitewater stated that all concerts, special events, and daily business activities will continue as scheduled, assuring artists, employees, sponsors, vendors, and ticket holders that the restructuring will not affect the customer experience. Since opening in 2007, Whitewater Amphitheater has become one of Texas' premier independent outdoor concert venues. Located on the banks of the Guadalupe River in New Braunfels, the 5,600-capacity venue has hosted a wide range of nationally acclaimed performers and built a strong reputation within the state's live music industry. Management said the Chapter 11 filing focuses solely on improving the company's financial structure rather than addressing operational issues, the report states. The venue remains committed to its current performance calendar, which includes upcoming appearances by the Randy Rogers Band, Flatland Cavalry, and Dwight Yoakam after recently hosting Bob Dylan. Company officials concluded by thanking fans, employees, artists, sponsors, vendors, and the surrounding community for their continued confidence as the restructuring moves forward, according to report. About Kona Coast Venture Ltd. Kona Coast Venture Ltd. is a New Braunfels, Texas-based entertainment and hospitality company that owns and operates Whitewater Amphitheater, one of Central Texas' premier outdoor live music venues. Situated along the Guadalupe River, the venue opened in 2007 and has become a popular destination for country, rock, Americana, and Texas music performances. Kona Coast Venture Ltd. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Tex. Case No. 26-51866) on July 7, 2026. In its petition, the Debtor reports estimated assets between $10 million and $50 million and estimated liabilities between $1 million and $10 million. Honorable Bankruptcy Judge Aubrey L. Thomas handles the case. The Debtor is represented by Lynn Hamilton Butler, Esq. of Husch Blackwell LLP. LH PROPERTY: Seeks Subchapter V Bankruptcy for 2nd Time ------------------------------------------------------- Bankruptcy Court for the Northern District of Georgia. According to the court filing, the debtor reports between $100,001 and $1 million in assets, between $100,001 and $1 million in liabilities, and between 1 and 49 creditors. A meeting of creditors under Section 341(a) to be held on August 4, 2026 at 02:00 PM via Telephone conference. To attend, Dial 888-330-1716 and enter access code 6397709. The debtor must file its Statement of Operations and Cash Flow Statement by July 13, 2026. About LH Property Group LLC LH Property Group, LLC is a Georgia-based company likely involved in real estate or property management. LH Property Group sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ga. Case No. 25-58793) on August 4, 2025. In its petition, the Debtor reported between $500,000 and $1 million in assets and liabilities. Brad Fallon, Esq., at Fallon Law, PC represents the Debtor as bankruptcy counsel. The bankruptcy court dismissed the case on May 12, 2026 and officially closed it on June 9, 2026. 2nd Try LH Property Group LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-58740) on July 6, 2026. In its petition, the debtor reported estimated assets of $100,001 to $1 million and estimated liabilities of $100,001 to $1 million. The case is being administered by Honorable Judge Jeffery W. Cavender. LINDY'S ON 4TH: Taps DeConcini McDonald Yetwin & Lacy as Counsel ---------------------------------------------------------------- Lindy's on 4th Ave, LLC seeks approval from the U.S. Bankruptcy Court for the District of Arizona to employ DeConcini McDonald Yetwin & Lacy, PC as counsel. The firm's services include: (a) advise the Debtor with respect to its powers and duties; (b) advise the Debtor with respect to the sale or disposition of estate assets, if necessary; (c) take required action to recover certain property and money owed to the Debtor, if necessary; (d) prepare on behalf of the Debtor the necessary legal documents; and (e) perform all other legal services that the Debtor deems necessary. The firm's hourly rates are as follows: Jody Corrales $395 Associates $285 Paraprofessionals $210 In addition, the firm will seek reimbursement for expenses incurred. Ms. Corrales 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: Jody A. Corrales, Esq. DeConcini McDonald Yetwin & Lacy, PC 2525 East Broadway Blvd., Suite 200 Tucson, AZ 85716 Telephone: (520) 322-5000 Facsimile: (520) 322-5585 Email: jcorrales@dmyl.com About Lindy's On 4th Ave LLC Lindy's On 4th Ave, LLC is a Tucson, Arizona-based hospitality company that operates Lindy's on 4th, a restaurant and bar known for its burgers, craft beverages, and casual dining experience in the city's historic Fourth Avenue district. Lindy's On 4th Ave sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Ariz. Case No. 26-06107) on June 21, 2026. In its petition, the Debtor reported assets of between $50,001 and $100,000 and liabilities of between $100,001 and $500,000. Honorable Bankruptcy Judge Brenda Moody Whinery oversees the case. The Debtor is represented by Jody A. Corrales, Esq., at DeConcini McDonald Yetwin & Lacy, PC. LOW COST TREE: Amends Mid Penn Bank Secured Claim Pay ----------------------------------------------------- Low Cost Tree Service & Systems, LLC, submitted a First Amended Plan of Reorganization under Subchapter V dated June 30, 2026. The Plan proposes to pay creditors of Debtor from net income and shall submit such income necessary for the performance of the Plan over a five-year period. To confirm the plan, the court must find that Debtor will be able to make all payments under the plan. The value of the property to be distributed under the Plan is not less than Debtor's projected disposable income for that same period. The monthly projected disposable income determined by the projected financial information is $6,900.00. Non-priority unsecured creditors holding allowed claims will receive distributions which are not less than such holder would receive if Debtor were liquidated under Chapter 7 of the Code and is valued at approximately five cents on the dollar. This Plan also provides for the payment of administrative and priority claims in accordance with the Code. Class 2a consists of the Secured Claim of Mid Penn Bank. Mid Penn Bank holds a security interest in Debtor's assets including cash collateral. It will continue to receive monthly payments of $5,000.00. The payment of this sum is due and payable on the last day of each calendar month before and after the effective date of this Plan. Upon the sale of the certain crane owned by Love's Crane Service, LLC, with also constituting collateral of Mid Penn Bank, the sale proceeds shall be paid to Mid Penn Bank and applied to the loan balance. If a deficiency exists after such payment application, the Debtor will agree to the terms to pay the deficiency or modify the Plan. Secured creditors in Class 2, claim numbers 2 through 11, are all Impaired. Each claim shall receive Adequate Protection payments in the form of a regular monthly payment as set forth below. Upon the Effective Date of the Plan, each claim will continue to receive regular monthly payments until the obligation is paid in full. Pre-petition arrears and post-petition arrears shall be cured by monthly payments over the next sixty months commencing upon the Effective Date of the Plan in the amount and due and payable by the last day of each calendar month. Class 3 consists of Non-priority unsecured claims. All non-priority unsecured claims allowed under Section 502 of the Code will be paid at the rate of 1% per annum over a period of five years for a total of 5%. This Class is impaired. Class 4 consists of Equity Security holder of Debtor, Danny A. Love. Equity security holders shall retain their interests in Debtor and continue to serve after confirmation of the Plan as directors, officers, or voting trustees of Debtor. Their compensation shall remain the same, with the exception of cost-of-living adjustments, until such time as Debtor's Plan is paid in full. The Debtor intends to continue doing business and utilize such business income as is necessary to conduct business and make Plan payments as provided herein. Unless sold, on or about July 1, 2026, Love's Crane Service, LLC will transfer ownership of the crane held as collateral to Mid Penn Bank. Lender will use best efforts to liquidate the crane and apply all proceeds to the existing loan. The parties will then negotiate the payment of any remaining balance through loan modification or amended Plan. A full-text copy of the First Amended Plan dated June 30, 2026 is available at https://urlcurt.com/u?l=dohdut from PacerMonitor.com at no charge. Counsel to the Debtor: CGA Law Firm James K. Jones, Esq. 135 N. George St. York, PA 17401 Tel: 717-848-4900 E-mail: jjones@cgalaw.com About Low Cost Tree Service & Systems Low Cost Tree Service & Systems, LLC, is in the business of clearing and removing tree and other debris. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Pa. Case No. 25-15263) on December 30, 2025, with $500,001 to $1 million in assets and liabilities. Judge Patricia M. Mayer presides over the case. James K. Jones, Esq., at Cga Law Firm represents the Debtor as bankruptcy counsel. LUGANO DIAMONDS: Ex-CEO, US Trustee Object to Plan Disclosures -------------------------------------------------------------- Emlyn Cameron of Law360 Bankruptcy Authority reports that a dispute has emerged in Lugano Diamonds' Chapter 11 case after both the company's former CEO and the U.S. Trustee's Office challenged its proposed disclosure statement. The former executive argued that the document contains misleading information, while the Trustee asserted that additional revisions are needed to satisfy bankruptcy disclosure requirements. Lugano entered Chapter 11 after allegations that its former leadership engaged in undisclosed diamond investment arrangements that generated substantial hidden liabilities and financial reporting issues. Since the filing, the company has pursued asset sales and litigation while attempting to reorganize its affairs under court supervision, the report states. The competing objections will be addressed before the court decides whether creditors may begin voting on the proposed reorganization plan. If the court requires additional disclosures, the company may need to revise the statement before moving forward with confirmation, according to Law360. 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 Aug. 6 ------------------------------------------------------------- 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 fourth interim order authorizing the Debtor to use cash collateral through Aug. 6 to pay operating expenses based on an approved budget, subject to a 10% variance. The budget projects total operational expenses of $14,250.66 for July. 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, the Debtor is required to make a $12,000 payment, allocating $2,232.87 as an interest-only adequate protection payment and $9,767.13 to be held in escrow for payment of real estate taxes. The order preserves all rights and remedies of both the Debtor and JTS under their loan agreement and applicable law, including claims against guarantors. The order is available at https://shorturl.at/DjUey The court scheduled a further hearing on the cash collateral motion for Aug. 5. 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. M T J PAINT: Seeks to Hire Sagre Law Firm as Bankruptcy Counsel --------------------------------------------------------------- M T J Paint and Body Shop Inc. seeks approval from the U.S. Bankruptcy Court for the Southern District of Florida to employ Sagre Law Firm, PA as counsel. The firm's services include: (a) advise the Debtor with respect to its powers and duties and the continued management of its business operations; (b) advise the Debtor with respect to its responsibilities in complying with the U.S. Trustee's Operating Guidelines and Reporting requirements with the rules of the court; (c) prepare legal documents necessary in the administration of the case; (d) protect the interest of the Debtor in all matters pending before the court; and (e) represent the Debtor in negotiation with its creditors in the preparation of a plan. Ariel Sagre, Esq., the primary attorney in this representation, will be billed at his hourly rate of $550. The firm received a retainer of $10,000 from the Debtor. Mr. Sagre 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: Ariel Sagre, Esq. Sagre Law Firm, PA 5201 Waterford District Drive, Suite 892 Miami, FL 3312 Telephone: (305) 266-5999 Email: law@sagrelawfirm.com About M T J Paint and Body Shop Inc. M T J Paint and Body Shop Inc. filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-17476) on June 8, 2026, listing under $1 million in both assets and liabilities. The Debtor tapped Ariel Sagre, Esq., at Sagre Law Firm, PA as counsel. M&B SERVICES: Unsecureds Will Get 100% of Claims over 24 Months --------------------------------------------------------------- M&B Services, Inc., filed with the U.S. Bankruptcy Court for the Central District of California a Disclosure Statement describing Plan of Reorganization dated June 30, 2026. The Debtor is a California corporation, incorporated in 2008. Since that time, Debtor operated a plumbing business in Southern California, primarily Ventura County. The Debtor's sole owner, officer, and director is Martin J. Alvarez. Martin J. Alvarez has managed Debtor both before and during the bankruptcy proceeding. He works with both his daughter, Amber Alvarez, and his wife, Brenda Alvarez. They are the only insiders of Debtor. There are no other principals or affiliates of Debtor. The Debtor filed this bankruptcy proceeding due to the litigation and collection efforts commenced by the Debtor's two largest creditors are Jon Gambill ("Jon") and Michele Gambill ("Michele") (Jon and Michele collectively, the "Judgment Creditors"). Judgment Creditors each have a claim against the Debtor for $4,500,000 (for a total of $9,000,000) based on a judgment obtained in a lawsuit against it, Martin J. Alvarez, and Debtor's former employee, Rene Frank Jimenez, Jr. ("Jimenez"), which is pending in the Ventura County Superior Court, styled case number 56-2020-00546979-CU-PO-VTA (the "Lawsuit"). Prior to the Petition Date, Jon obtained an Order to Appear for Examination (the "ORAP") to enforce the Judgment against Debtor. Because the Judgment Creditors were commencing collection efforts by proceeding with the ORAP, requiring Debtor to appear and produce documents for purposes of judgment collection on February 9, 2026, Debtor commenced the bankruptcy case. The Debtor commenced this bankruptcy to stay Judgment Creditors' collection efforts and give Debtor breathing room to reorganize its affairs for the benefit of Debtor's creditors and the estate. This is a reorganizing plan. In other words, the Proponent seeks to accomplish payments under the Plan from profits generated by the operation of its business over a five-year period of time. The Effective Date of the proposed Plan is the later of January 1, 2027 or 30 days the order confirming the Plan becomes final and non-appealable. Class 5 consists of General unsecured claims incurred in the ordinary course of business. Payment in the amount of $6,000 per month for 23 months commencing on the Effective Date and continuing on the first of every month thereafter, with one additional payment on the first of the 24th month after the Effective Date in the amount of $1,019.41 resulting in payment in full to the Class 5 Claims. The allowed unsecured claims total $139,019.41. This Class is impaired. Class 6 consists of General unsecured claims resulting from judgments/litigation claims. Payment in the amount of $15,000 on the Effective Date, and payment in the amount of $4,980.59 on the first of the 24th month after the Effective Date and payment in the amount of $6,000 per month commencing on the 25th month and ending on the 60th month after the Effective Date, for payments totaling $235,980.59. The allowed unsecured claims total $8,840,273.91. Each payment shall be distributed pro rata amongst the holders of the Class 6 claims. Payments shall be made from Debtor's net disposable income. To the extent any Class 6 Claimants have entitlements to insurance proceeds, Class 6 Claimants shall retain those rights and any payments from applicable insurance will reduce the total claim. Claimants shall also be entitled to proceed against third parties liable for the claims (Jon and Michelle also have claims against Jimenez). The Plan will be funded by the following: First, Martin J. Alvarez shall contribute consideration equal to $54,400 pre-Effective Date and $194,700 during the life of the Plan in exchange for the issuance of 100% of the stock of the Debtor. The value of the $54,400 pre-Effective Date and $194,700 post confirmation consideration shall consist of forgiveness of deferred rent and deferred compensation due Martin J. Alvarez. For Martin J. Alvarez's deferred compensation, he shall be providing deferred compensation in the amount of $745 per month commencing July 1, 2026 (as permitted by his notice of increase of insider compensation) through the life of the Plan. The pre Effective Date contribution is therefore $4,470, and the contribution during the life of the Plan is $44,700. For Martin J. Alvarez's deferred rent, Martin J. Alvarez is the landlord for Debtor. On the Petition Date, Debtor's rent was $324.10 per month. This amount was increased to $5000 per month, which is less than the fair market rent for the premises, on May 1, 2026. Martin J. Alvarez deferred this rent increase and Debtor continued to pay only $324.10 per month, such that by the Effective Date, Martin J. Alvarez will be owed $37,407.20 in deferred rent for pre-Effective Date rent. After the Effective Date, Martin J. Alvarez will only receive rental payments of $2,500, which consist of half of the rent for the premises, such that he will be providing a contribution of $150,000 during the life of the Plan for the rent that would otherwise be due to him. Therefore, Martin J. Alvarez will be providing approximately $54,400 in consideration prior to the Effective Date and $194,700 during the life of the Plan in consideration in exchange for the issuance of 100% of the stock of the Debtor. Such contribution and issuance of stock shall take place on the Effective Date. Second, the Plan will be funded from the operations of Debtor's business for the five years commencing on the Effective Date, consisting of Debtor's total net income for that period of time. A full-text copy of the Disclosure Statement dated June 30, 2026 is available at https://urlcurt.com/u?l=4lEv1q from PacerMonitor.com at no charge. M&B Services Inc. is represented by: David R. Haberbush, Esq. Vanessa M. Haberbush, Esq. Lane K. Bogard, Esq. Haberbush, LLP 444 West Ocean Boulevard, Suite 1400 Long Beach, CA 90802 Telephone: (562) 435-3456 Facsimile: (562) 435-6335 Email: vhaberbush@lbinsolvency.com About M&B Services Inc. M&B Services, Inc., is a Southern California plumbing company in Oxnard, California. M&B Services sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 26-10164)) on Feb. 6, 2026, listing up to $500,000 in assets and up to $10 million in liabilities. Martin Alvarez, company owner, signed the petition. Judge Ronald A. Clifford, III oversees the case. Vanessa M. Haberbush, at Haberbush, LLP, is serving as the Debtor's legal counsel. MAPLE TREE: Gets Final OK to Use Cash Collateral ------------------------------------------------ The U.S. Bankruptcy Court for the Middle District of Alabama entered a final order granting Maple Tree Metalworks, LLC approval to use cash collateral in its Chapter 11, Subchapter V case. Under the final order, the Debtor is authorized to use cash collateral for the payment of expenses incurred in the ordinary course of business. This order will remain in effect unless modified or vacated by a subsequent order of the court. At the time of filing, the Debtor had approximately $8,800 in cash and about $23,465 in accounts receivable, with projected monthly income ranging between $75,000 and $100,000. The Debtor identified CT Corporation System, the Alabama Department of Revenue, and Fenix Capital Funding as the creditors with potential security interests in its assets including cash collateral. As adequate protection, secured creditors will be granted replacement liens, with the same validity and priority as their pre-petition liens but only to the extent that the use of cash collateral diminishes the value of their secured interest. No additional filings or documentation are required to perfect these replacement liens. The final order does not determine the validity, amount, extent, or priority of any creditor's lien or claim and preserves the Debtor's right to challenge any such interests. Likewise, creditors retain the right to seek additional relief concerning cash collateral in the future. Meanwhile, the Debtor's banks are authorized to continue processing routine banking transactions and continue operating under their existing deposit agreements with the Debtor. The order is available at http://bankrupt.com/misc/MapleTree_FCCOrder53.pdf About Maple Tree Metalworks LLC Maple Tree Metalworks, LLC is a specialty metal fabrication business. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Ala. Case No. 26-10441) on April 16, 2026. In the petition signed by Marcus Carroll, member, the Debtor disclosed up to $100,000 in assets and up to $500,000 in liabilities. Judge Christopher L. Hawkins oversees the case. Anthony Brian Bush, Esq., at The Bush Law Firm, LLC, represents the Debtor as legal counsel. MEGA BROADBAND: Moody's Cuts CFR to B3, On Review for Downgrade --------------------------------------------------------------- Moody's Ratings downgraded all ratings of Mega Broadband Investments Intermediate I (Mega or the Company) including the corporate family rating to B3 from B2 and probability of default rating to B3-PD from B2-PD. Concurrently, Moody's downgraded Eagle Broadband Investments, LLC's (a wholly owned subsidiary of Mega) senior secured bank credit facilities ratings to B3 from B2. Moody's also placed the ratings on review for further downgrade. Previously, the ratings were under review for upgrade because of Moody's expectations that Mega would become part of a higher rated entity. The outlook remains under review. The downgrades reflect the deterioration in the Company's credit profile with continued revenue declines in the core high-speed-data (HSD) segment, limited free cash flow and high leverage (Moody's adjusted debt/EBITDA of 5.6x as of Q1 2026). Following GTCR's exercise of its put option on January 02, 2026, Cable One, Inc. (B2 negative) is obligated to acquire the remaining 55% interest in Mega Broadband at a minimum closing date of October 01, 2026. The approximately $480 million price for the remaining equity interest represents a double digit EBITDA multiple based on a valuation established in 2020. On June 22, 2026, Cable One announced an exchange offer under which up to 50% of existing Mega lenders could receive 50% cash and 50% in a new first-lien first-out (FLFO) facility alongside existing Cable One lenders. The remaining 50% would be converted into new first-lien second-out (FLSO) debt at par. On June 24, 2026, Cable One announced that only 34% of Mega lenders had agreed to participate in the exchange. Cable One has the option to proceed with or cancel the exchange offer and could also elect not to guarantee or assume Mega Broadband's debt. Moody's placed the ratings on review for downgrade because Cable One, which is expected to acquire Mega by October 01, 2026, could elect not to assume or guarantee Mega's debt. In that scenario, Mega's debt would remain siloed at the acquired entity, leaving it dependent on its own cash flow and access to capital markets. Given that Moody's views Mega's standalone capital structure as potentially untenable due to its high-leverage and revenue declines, this creates significant refinancing risk and the potential for further negative rating action. RATINGS RATIONALE Mega's existing B3 CFR is constrained high leverage, declines in HSD, its small scale, high capital intensity, and near break-even free cash flows. Moody's expects the competitive environment to remain challenging, driving low-to mid-single-digit percentage declines in HSD subscribers and limiting pricing power. As a result, leverage is expected to increase toward 6x over the next 12–18 months. Moody's also views the Company's below peer-average broadband penetration rate (approximately 30%) as a weakness in the credit profile. Supporting factors include a predictable and profitable (mid 50% EBITDA margins) business model, with largely recurring revenues supported by a diversified base of customers. Steady broadband demand and a robust high-speed network are also credit positive. Geographic diversity is also good with a presence across 16 states. The Company also has weak liquidity as internal and committed external sources of liquidity are not sufficient to address the 2027 maturities. The Company has a $75 million revolving credit facility, expiring in August 2027 that Moody's expects to remain largely undrawn. Its loans are covenant-lite and the Company has ample headroom under the springing 9.5x max net leverage test on the revolver. FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS In connection with the review for downgrade, Moody's will focus on whether Mega's debt is exchanged into Cable One debt, and if exchanged, the resulting composition of Cable One's capital structure post-close. If the exchange does not occur, Moody's will focus on Mega's standalone credit profile, ability to refinance 2027 maturities and potential loss in a default scenario. The failure to complete the exchange could result in a downgrade of one or more notches. Mega, headquartered in Rye Brook New York, doing business as Vyve Broadband, provides high-speed internet, video and voice services to residential and commercial customers in three rural regions servicing sixteen markets located in the Northwest, Midsouth, and the Southeast. As of March 31, 2026, the Company had a total of approximately 207 thousand revenue generating units (RGUs) including 181 thousand high speed data (HSD), 16 thousand video, and 10 thousand voice. Revenues for the twelve months ended March 31, 2026 were approximately $304 million. Mega is majority owned by GTCR LLC ("GTCR"). Cable One owns approximately 45% and will acquire the remaining portion in October 2026. The principal methodology used in these ratings was Telecommunications Service Providers published in December 2025. MEGNA GRIZZLY: Seeks Chapter 11 Bankruptcy in California -------------------------------------------------------- On July 6, 2026, Megna Grizzly Bear's Burger, Inc. filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Central District of California. A meeting of creditors under Section 341(a) to be held on July 27, 2026 at 01:30 PM at UST-LA2, TELEPHONIC MEETING. CONFERENCE LINE:1-888-330-1716, PARTICIPANT CODE:8009991. About Megna Grizzly Bear's Burger, Inc. Megna Grizzly Bear's Burger, Inc. is a California-based restaurant company that operates casual dining establishments specializing in burgers and other American-style menu offerings. Megna Grizzly Bear's Burger, Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-16723) on July 6, 2026. Honorable Bankruptcy Judge Neil W. Bason handles the case. The debtor is represented by Michael D. Kwasigroch, Esq. MEMORY LANE: Seeks Chapter 11 Bankruptcy in Tennessee ----------------------------------------------------- On July 6, 2026, Memory Lane Partnership, LLC filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Middle District of Tennessee. According to the court filing, the debtor reports between $500,001 and $1 million in liabilities owed to 1–49 creditors. A meeting of creditors under Section 341(a) to be held on August 6. 2026 at 01:00 PM via Meeting held telephonically. Please call 888-330-1716 and enter code 3884044# to attend. The court has set November 3, 2026, as the deadline for filing the Chapter 11 Plan and accompanying Disclosure Statement. About Memory Lane Partnership, LLC Memory Lane Partnership, LLC is a Tennessee limited liability company. Memory Lane Partnership, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 3:26-bk-03216) on July 6, 2026. In its petition, the debtor reported estimated assets of $500,001 to $1 million and estimated liabilities of $500,001 to $1 million. Honorable Nancy B. King handles the case. The debtor is represented by Jay Lefkovitz, Esq. METALWORKING LUBRICANTS: Taps Plews Shadley as Special Counsel -------------------------------------------------------------- Metalworking Lubricants Company seeks approval from the U.S. Bankruptcy Court for the Eastern District of Michigan to employ Plews Shadley Racher & Braun LLP as special counsel. The firm will handle environmental issues relating to the Debtor's business during the course of these Chapter 11 proceedings, including but not limited to investigation into the assertion of claims against environmental insurance policies maintained. The firm will be paid at these hourly rates: Colin Connor, Attorney $425 Amy Romig, Attorney $425 Paralegal $225 The firm will receive a retainer of $5,000 per month, beginning on July 3, 2026, for representation in environmental matters. Mr. Connor 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: Colin E. Connor Plews Shadley Racher & Braun LLP 1346 N. Delaware Street Indianapolis, IN 46202 Telephone: (317) 637-0700 Email: CConnor@psrb.com About Metalworking Lubricants Company Metalworking Lubricants Company is a manufacturer and marketer of lubricant-related products with operations in Pontiac, Michigan and Indianapolis, Indiana. The company designs, manufactures, and markets products including cutting oils, industrial oils, greases, lubricants, cleaners, quenching fluids, and rust inhibitors. Its Pontiac facility houses corporate headquarters, laboratory operations for research, development, and quality control, and finished product blending operations. The Indianapolis facility conducts TSDF-related operations including waste oil processing, waste water treatment, and finished product blending. Metalworking Lubricants Company sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Mich. Case No. 26-46501) on June 5, 2026. In the petition signed by Keith Johnson, co-president, the Debtor disclosed $6,094,715 in total assets and $7,496,898 in total liabilities. Judge Lisa S. Gretchko oversees the case. The Debtor tapped Mark H. Shapiro, Esq., at Steinberg Shapiro & Clark as counsel and Plews Shadley Racher & Braun LLP as special counsel. MIRO HOUSE: Gets Interim OK to Use Cash Collateral -------------------------------------------------- Miro House, Inc. received interim approval from the U.S. Bankruptcy Court for the Central District of California, Los Angeles Division, to use cash collateral. Under the interim order, the Debtor is authorized to use cash collateral to fund operations based on the court-approved budget, with a permitted 10% variance for each budget line item and in the aggregate. The Debtor is prohibited from using cash collateral to pay insiders unless it first complies with all applicable Bankruptcy Code provisions, Local Bankruptcy Rule 2014-1, and U.S. Trustee guidelines. Silas Pease, the secured creditor, retains the right to object to any proposed insider compensation. As adequate protection, the secured creditor will be granted a replacement lien on the Debtor's post-petition assets, with the same validity, priority, and extent as his pre-petition lien. The replacement lien excludes avoidance actions and other claims arising under Bankruptcy Code Sections 544, 545, 547, 548, and 553(b). The Debtor is required under the interim order to provide monthly reports to the secured creditor comparing actual revenues and expenses with the approved budget. The order is available at http://bankrupt.com/misc/MiroHouse_ICCOrder25.pdf The court scheduled a final hearing for July 28. Miro House's bankruptcy filing and subsequent emergency motion were precipitated by aggressive debt collection efforts stemming from a $2.7 million default judgment obtained by the secured creditor. On June 5, 2026, the secured creditor initiated a notice of levy, causing JPMorgan Chase Bank to place administrative holds on two of the Debtor's primary operating deposit accounts. Although the Debtor filed its bankruptcy petition on June 19, 2026, and promptly provided notice to the bank, JPMorgan transferred the frozen funds to the Sheriff's Department on June 23. The Debtor said this post-petition transfer directly violated the bankruptcy code's automatic stay, adding that the situation is a severe emergency because these funds represent its primary working capital. Failure to secure these funds will cause the immediate loss of its dispatched workforce, breach its active client service contracts, and permanently destroy the going-concern value of the business, according to the Debtor. About Miro House Inc. Miro House Inc. provides front of house staffing, front of house management, and unarmed security services. The company serves hospitality, nightlife, hotel, and retail settings through services including guest list management, guest greeting, pedestrian flow management, guest escorting, and host and hostess staffing. Miro House was started in 2005 and has offices in Los Angeles, California and Sydney, Australia. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 26-16176) on June 19, 2026. In the petition signed by Miroslav Kubicek, CEO, the Debtor disclosed $779,446 in assets and $2,837,916 in liabilities. Judge Barry Russell oversees the case. Laura Portillo, Esq., at PORTILLO RONK LEGAL TEAM, represents the Debtor as legal counsel. MISSION MEDICAL: Claims to be Paid from Property Sale Proceeds -------------------------------------------------------------- Mission Medical Investors LLC filed with the U.S. Bankruptcy Court for the Central District of California a Combined Disclosure Statement and Chapter 11 Plan dated June 30, 2026. The Debtor's primary asset is its ownership interests in real property located at: 27882 Forbes Road, Laguna Niguel, California 92677 (the "Property"). Other than any statutory tax liens, the Property is encumbered by: (1) the first priority lien of Banc of California (the "Lender"), who asserts that it is currently owed approximately $15 million; and (2) the second priority lien of Verdes Energy, Inc. ("Verdes," and together with the Lender, the "Secured Creditors"), who asserts that it is currently owed approximately $2.8 million. Prior to the bankruptcy filing, the Lender: (i) caused a notice of default and election to sell under deed of trust (the "Notice of Default") to be issued and recorded in the Orange County recorder's office against the Property; and (ii) obtained an order from the Orange County Superior Court appointing Kevin A. Singer (the "Receiver") as the Rents and Profits Receiver for the Property. Because the Debtor believes that the fair market value of the Property far exceeds the total asserted debt of the Lender, and other creditors, the bankruptcy case was commenced on the Petition Date to allow it an opportunity to sell and preserve the Property and the value thereof for the benefit of all creditors and equity holders. Recently, in June 2026, the Debtor received an offer from IRA Capital Partners, III, LLC (the "Purchaser") to purchase the Property for $19,250,000 (the "Purchase Price"). Importantly, the lower purchase price in the Purchaser's offer relative to the Other Offers, accounted for and reflects the existing vacancy of the Vacant Premises, and the Purchaser agrees that the purchase price will not be adjusted or decreased based on issues related to the Vacant Premises. The Debtor and Purchaser signed that certain "Letter Of Intent To Purchase Property" dated June 19, 2026 (the "Purchase Offer") and are working on finalizing an asset purchase agreement setting forth the terms of the sale of the Property to the Purchaser. The Debtor is prepared to move forward with the sale (the "Sale") of the Property to the Purchaser or to another purchaser if a higher and better offer is made, and anticipates that the proceeds generated from that Sale will enable it to pay all allowed creditor claims in full. The Reorganized Debtor's plan obligations will be paid using the Property's Sale Proceeds. If the Property is sold to the Purchaser for the $19.25 million Purchase Price, it is anticipated that there will be sufficient Sale Proceeds to pay all allowed secured and unsecured claims against the Estate pursuant to the Plan. Class 4 consists of Allowed General Unsecured Claims against Debtor. Each holder of a Class 4 Allowed Claim will receive: (1) a cash payment equal to its prorated share of any remaining Net Sale Proceeds from the Sale after the allowed secured claims of Classes 1, 2, and 3, priority unsecured claims, and Administrative Claims are paid in full. The allowed unsecured claims total $20,308.64. Class 5 consists of all Interests in the Debtor. Each holder of an equity interest in the Debtor shall retain its interest in the Debtor, as Reorganized Debtor. Class 5 is unimpaired under the Plan. Each holder of an equity interest in the Debtor is conclusively presumed to have accepted the Plan and is not entitled to vote to accept or reject the Plan. The primary sources of funding for the Plan are the Sale Proceeds from the Sale of the Property which, if sold to the Purchaser, is anticipated to net approximately $18.5 million to the Estate. A full-text copy of the Disclosure Statement dated June 30, 2026 is available at https://urlcurt.com/u?l=Ccfv7s from PacerMonitor.com at no charge. Counsel to the Debtor: Gary Klausner, Esq. Levene, Neale, Bender, Yoo & Golubchik LLP 2818 La Cienega Avenue Los Angeles, California 90034 Telephone: (310) 229-1234 Facsimile: (310) 229-1244 Email: rb@lnbyg.com About Mission Medical Investors Mission Medical Investors LLC, based in Los Angeles, California, is a real estate investment company focused on healthcare properties. Its primary asset is a medical office complex at 27882 Forbes Road in Laguna Niguel, California, which houses multiple healthcare providers including surgery centers, urgent care clinics, and imaging facilities. The Company generates revenue by acquiring, managing, and leasing medical office spaces to healthcare tenants. Mission Medical Investors LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 25-17926) on September 9, 2025. In its petition, the Debtor reports estimated assets and liabilities between $10 million and $50 million. The Debtor is represented by Gary E. Klausner, Esq. at LEVENE, NEALE, BENDER, YOO & GOLUBCHIK L.L.P. MLNARIK LAW: Hires Binder Malter Harris as Reorganization Counsel ----------------------------------------------------------------- The Mlnarik Law Group Inc. seeks approval from the U.S. Bankruptcy Court for the Northern District of California to hire Binder Malter Harris & Rome-Banks LLP as its general reorganization counsel. The firm will provide these services: (a) assist the Debtor in protecting and preserving the interests of secured and unsecured creditors, maximizing the value of estate property, and administering that property throughout the case; (b) advise the Debtor of its powers and responsibilities under the Bankruptcy Code; (c) advise the Debtor generally as general bankruptcy counsel; (d) develop, through discussion with parties in interest, legal positions and strategies with respect to all facets of this case, including analyzing administrative and operational issues; (e) prepare motions, applications, answers, orders, memoranda, reports, and papers in connection with representing the interests of the Debtor; (f) participate in the resolution of issues related to a plan of reorganization and the development, approval and implementation of such plan; and (g) render such other necessary advice and services that the Debtor may require in connection with this case. The firm will be paid at these hourly rates: Robert Harris, Attorney $725 Julie Rome-Banks, Attorney $725 Reno Fernandez, Attorney $625 Nathan Quach, Attorney $475 Of Counsel $675 Paralegals & Law Clerks $250 - $375 In addition, the firm will seek reimbursement for expenses incurred. On the petition date, the firm held total retainers of $16,738 from the Debtor. Mr. Mlnarik 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: John Mlnarik, Esq. Binder Malter Harris & Rome-Banks LLP 490 Chadbourne Road, Suite A137 Fairfield, CA 94534 Telephone: (408) 295-1700 Email: julie@bindermalter.com About The Mlnarik Law Group Inc. The Mlnarik Law Group Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Calif. Case No. 26-50899) on June 8, 2026, with $500,001 to $1 million in assets and $100,001 to $500,000 in liabilities. Judge Stephen L. Johnson presides over the case. Robert G. Harris, Esq., at Binder Malter Harris & Rome-Banks LLP represents the Debtor as legal counsel. MODIVCARE INC: Judge Mulls Contempt Over Escrow Transfer -------------------------------------------------------- Angelica Serrano-Roman of Bloomberg Law reports that the judge presiding over ModivCare Inc.'s Chapter 11 case is weighing whether the company should be held in civil contempt for allegedly violating provisions of its confirmed reorganization plan. At issue is a court-mandated professional fee escrow account that creditors claim was improperly depleted after $3.5 million was transferred to a company affiliate. During a show-cause hearing before Judge Alfredo R. Pérez in the U.S. Bankruptcy Court for the Southern District of Texas, attorneys for creditors argued the transfer left the escrow account inadequately funded for approximately 20 days. They contended the action breached the confirmation order, which required sufficient funds to remain available to pay bankruptcy professionals, the report states. ModivCare responded that the transfer was temporary and that the funds were later returned to the escrow account. The company argued that no professionals ultimately went unpaid and maintained that the movement of funds did not warrant a finding of contempt or additional sanctions. Creditors, however, asserted that compliance with the court's confirmation order was mandatory regardless of whether the deficiency was later corrected, according to report. Following arguments from both sides, Judge Pérez said he would consider the evidence before determining whether civil contempt or other relief is appropriate. The dispute highlights the importance of strict compliance with court-approved restructuring plans after a Chapter 11 case has been confirmed. About Modivcare Inc. ModivCare Inc. is a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions for public and private payors and their members. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 25-90309) on August 20, 2025. In the petition signed by Chad J. Shandler, chief transformation officer, the Debtor disclosed up to $10 billion in both assets and liabilities. Judge Alfredo R. Perez oversees the case. Timothy A. Davidson II, Esq., at Hunton Andrews Kurth LLP, represents the Debtor as legal counsel. MOPARTY FAMILY: Seeks Chapter 11 Bankruptcy in Texas ---------------------------------------------------- On July 6, 2026, Moparty Family Limited Partnership filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas. According to the court filing, the debtor reports estimated liabilities of $1,000,001 to $10 million and between 1 and 49 creditors. A meeting of creditors under Section 341(a) to be held on August 11, 2026 at 01:30 PM, US Trustee Houston Teleconference. The bankruptcy court set November 4, 2026, as the deadline for filing the Chapter 11 plan and disclosure statement, while governmental units have until January 4, 2027, to submit proofs of claim. About Moparty Family Limited Partnership Moparty Family Limited Partnership is a Texas-based family limited partnership that primarily holds, manages, and invests in real estate and other investment assets for its partners. Moparty Family Limited Partnership sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-34882) on July 6, 2026. In its petition, the debtor reported estimated assets of $10,000,001 to $50 million and estimated liabilities of $1,000,001 to $10 million. Honorable Bankruptcy Judge Christopher M. Lopez handles the case. MOUNTAIN VALLEY: Shuts Down, Stops Operations --------------------------------------------- Todd Maiden of Freight Waves reports that Mountain Valley Express, a regional LTL trucking company headquartered in Manteca, California, has confirmed that it has ceased operations. The company informed customers that all accounts and transportation services were terminated effective July 7, 2026. Before closing, Mountain Valley Express operated 13 terminals serving California, Arizona, and Nevada, in addition to offering warehousing and logistics solutions. The carrier previously underwent a major restructuring in late 2024, eliminating around 105 positions as part of the integration of DC Logistics with GLS U.S. Freight and GLS U.S. Solutions. The restructuring followed DC Logistics' acquisition of the GLS operations and the reintroduction of the Mountain Valley Express brand, the report states. The closure comes despite earlier efforts to expand the business. In 2025, the company announced aggressive growth plans and invested in a new transportation management system. Federal Motor Carrier Safety Administration data indicates Mountain Valley Express operated roughly 277 power units before ending operations, according to report. About Mountain Valley Express Mountain Valley Express was a California-based regional transportation and logistics company providing less-than-truckload freight services throughout the Southwest. The company operated 13 terminals and offered a range of supply chain services, including freight delivery, warehousing, distribution, and logistics support. Known for serving regional commercial customers, Mountain Valley Express expanded its operations following its integration with DC Logistics and the revival of its historic brand. As part of a late-2024 restructuring, Mountain Valley Express eliminated roughly 105 positions. The company said the move was designed to streamline operations by merging DC Logistics, GLS US Freight, and GLS US Solutions into a unified organization. The workforce reductions affected facilities and employees in California, Arizona, and Nevada. MP ELKO: Gets Interim OK to Use Cash Collateral ----------------------------------------------- MP Elko, LLC received interim approval from the U.S. Bankruptcy Court for the Northern District of Georgia, Gainesville Division, to use cash collateral. Under the interim order, the Debtor is authorized to use cash collateral from July 2 through the final hearing on July 28. Substantially all of the Debtor's revenues are generated by its shopping center, which may constitute cash collateral of Central Bank of Saint Louis, Security Service Federal Credit Union, and the U.S. Small Business Administration. Although the Debtor acknowledges that these lenders may have interests in the cash collateral, it reserves the right to challenge the validity, priority, extent, and secured status of those claims during the bankruptcy proceedings. The Debtor states that it is unaware of any other creditors claiming an interest in the cash collateral. As adequate protection, the court granted the lenders, to the extent they hold valid pre-petition liens, automatically perfected replacement liens on property acquired after the petition date that is similar to their pre-petition collateral. These replacement liens do not apply to proceeds from Chapter 5 avoidance actions. The order does not determine whether any lender actually holds a valid or enforceable lien or security interest, and it preserves the rights of both the Debtor and the lenders to challenge claims, seek modifications to the order, or litigate lien validity and priority at a later stage. The interim authorization will remain in effect until the final hearing or any continuation thereof, and until the court enters a further ruling. About MP Elko LLC MP Elko, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ga. Case No. 26-21005) on June 25, 2026. In the petition signed by Gary L. Pinkston, member, the Debtor disclosed up to $50 million in both assets and liabilities. Judge James R Sacca oversees the case. William Rountree, Esq., at Rountree, Leitman, Klein & Geer, LLC, represents the Debtor as legal counsel. MUNAWAR LAW: Court OKs Deal to Use Cash Collateral -------------------------------------------------- The United States Bankruptcy Court for the Southern District of New York approved a stipulation authorizing Lori Lapin Jones, Esq., the Chapter 11 trustee for Munawar Law Group PLLC, to use cash collateral. The order authorized the trustee to use cash collateral from April 27 through July 31 for customary operating expenses, including payroll, payroll taxes, insurance, rent, case expenses, U.S. Trustee fees, and monthly payroll processing fees. In exchange, lender Equal Access Justice Fund, LP will receive adequate protection in the form of a post-petition replacement lien on post-petition property similar to its pre-petition collateral, excluding avoidance action recoveries, commercial tort claims, and certain state-law claims. The replacement lien is automatically perfected upon entry of the order. As additional protection, the trustee is authorized to make monthly payments of $4,000 to the lender, retroactive to May 1 through July 31. If insufficient cash flow prevents a payment, the trustee and the lender must negotiate in good faith, and a missed payment alone will not constitute a default. The order prohibits the use of cash collateral to pay the trustee's commissions, professional fees for the trustee, examiner, or their retained professionals, except for the trustee's bond. Events of default include dismissal or conversion of the Debtor's Chapter 11 case or termination of the stipulation, while modifying the automatic stay to permit implementation of the order and perfection of EAJF's adequate protection lien. The order is available at http://bankrupt.com/misc/MunawarLaw_CCOrder168.pdf About Munawar Law Group PLLC Munawar Law Group PLLC is operating as a legal services firm with offices in New York City and Jericho, New York. Munawar Law Group PLLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 25-10020) on January 7, 2025. In its petition, the Debtor reports estimated assets between $100,000 and $500,000 and estimated liabilities between $1 million and $10 million. Honorable Bankruptcy Judge David S. Jones handles the case. The Debtor tapped Ronald D. Weiss, Esq., as counsel and MI Tax LLC as accountants. On April 26, 2026, Lori Lapin Jones, Esq., was appointed by the U.S. Trustee as Chapter 11 trustee of the Debtor's estate. The trustee tapped LaMonica Herbst & Maniscalco, LLP as counsel and Prager Metis CPAs LLC as accountant. MURPHY'S CONCRETE: Gets Final OK to Use Cash Collateral ------------------------------------------------------- Murphy's Concrete L.L.C. received final approval from the U.S. Bankruptcy Court for the District of Nevada to use the cash collateral of secured creditors to fund operations. Under the final order, the Debtor is authorized to use the cash collateral claimed by United Federal Credit Union, LG Funding, LLC, Advance Servicing, Inc., and Mulligan Funding, LLC based on a court-approved operating budget, with expenditures permitted up to 125% of each individual budget line item. United Federal Credit Union holds a pre-petition line of credit secured by substantially all of the Debtor's assets while LG Funding, Advance Servicing, and Mulligan Funding may hold security interests in the Debtor's financial assets. Their approximate claim amounts are $22,000, $104,000, $81,706, and $199,071, respectively. The final order does not determine the validity, extent, or priority of any creditor's asserted security interest in the cash collateral. Instead, the court reserves all parties' rights and claims regarding whether any creditor holds a valid interest in the cash collateral, leaving those issues to be resolved in future proceedings if necessary. A copy of the court's order and the Debtor's budget is available at https://short.do/Jox-bm from PacerMonitor.com. About Murphy's Concrete L.L.C. Murphy's Concrete L.L.C. filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D. Nev. Case No. 26-50446) on May 4, 2026, with $100,001 to $500,000 in assets and $500,001 to $1 million in liabilities. Judge Hilary L. Barnes presides over the case. Kevin A. Darby, Esq. at Darby Law Practice, Ltd. represents the Debtor as bankruptcy counsel. MVP REALTY: Jolene Wee of JW Infinity Named Subchapter V Trustee ---------------------------------------------------------------- The Acting U.S. Trustee for Region 4 appointed Jolene Wee of JW Infinity Consulting, LLC as Subchapter V trustee for MVP Realty Holdings Inc. Ms. Wee will be compensated at $660 per hour. In addition, the Subchapter V trustee will receive reimbursement for work-related expenses incurred. Ms. Wee declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Jolene E. Wee JW Infinity Consulting, LLC 447 Broadway 2nd Fl #502 New York, NY 10013 Telephone: (929) 502-7715 Facsimile: (646) 810-3989 Email: jwee@jw-infinity.com About MVP Realty Holdings Inc. MVP Realty Holdings Inc. is a Brooklyn, New York-based real estate property management and investment firm that operates as a holding company for real estate assets. The company maintains its principal place of business in Port Washington, New York, and has been involved in property-related litigation, including proceedings in Kings County Supreme Court during 2026. MVP Realty Holdings Inc. sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D.N.Y. Case No. 26-43192) on June 30, 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 Elizabeth S. Stong handles the case. The Debtor is represented by Joshua R. Bronstein, Esq., of The Law Offices of Joshua R. Bronstein & Associates, PLLC. NANKE SIGNATURE: Gets Final OK to Use Cash Collateral Until Aug. 31 ------------------------------------------------------------------- The U.S. Bankruptcy Court for the District of Arizona entered a final order authorizing Nanke Signature Group, LLC to continue using cash collateral. The final order authorized the Debtor to use cash collateral through Aug. 31 solely for post-petition operating expenses based on an approved budget. Monthly operating expenses may exceed budgeted amounts by no more than 10%, while any unused budgeted funds from one month may be carried forward to the following month. A copy of the Debtor's budget is available at https://short.do/e60FcJ from PacerMonitor.com. Based on the Debtor's preliminary review of its records and filings with the Arizona Secretary of State, Kapitus may be the only creditor with a perfected security interest in the Debtor's cash collateral and other assets. Kapitus' secured claim is estimated at $131,342. As adequate protection, the court granted Kapitus replacement liens on the Debtor's post-petition assets, with the same validity, priority, and extent as its pre-petition liens, while preserving the rights of all parties to dispute the validity, extent, or priority of those liens. The court also approved the payments to Kapitus of $5,000 for June, $10,000 for July, and $15,000 for August. If a payment is missed, Kapitus may seek expedited relief after providing 10 days' notice and an opportunity to cure. The final order establishes a 60-day challenge period during which the Debtor, creditors, or any future trustee may contest the validity, perfection, extent, amount, or priority of Kapitus' claims and liens. If no challenge is filed within that period, all such objections will be permanently barred and the Debtor will be deemed to have acknowledged that Kapitus holds valid, perfected, first-priority liens on all of the Debtor's assets. The order is available at X from PacerMonitor.com. About Nanke Signature Group, LLC Nanke Signature Group, LLC builds high-quality residential homes throughout Arizona and operates from leased facilities in Prescott. Nanke Signature Group filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. D. Ariz. Case No. 26-05055) on May 21, 2026, with assets of between $100,001 and $500,000 and liabilities of between $500,001 and $1 million. John Nanke, company owner, signed the petition. Judge Brenda K. Martin oversees the case. Eli Enger, Esq., at Udall Shumway PLC, represents the Debtor as legal counsel. Dawn Maguire, Esq., at Guttilla Murphy Anderson, serves as Subchapter V trustee for the Debtor. NEGRONI BRICKELL: Carol Fox Named Subchapter V Trustee ------------------------------------------------------ The Acting U.S. Trustee for Region 21 appointed Carol Fox of GlassRatner as Subchapter V trustee for Negroni Brickell, LLC. Ms. Fox will be paid an hourly fee of $450 for her services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Ms. Fox declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Carol Fox GlassRatner 200 East Broward Blvd., Suite 1010 Fort Lauderdale, FL 33301 Tel: 954.859.5075 About Negroni Brickell LLC Negroni Brickell LLC is a Miami, Florida-based full-service restaurant operating Negroni Bistro & Sushi Bar in the city's Brickell neighborhood. The restaurant specializes in Nikkei sushi and international comfort cuisine and continues to operate following the bankruptcy filing, with scheduled promotional events and holiday celebrations throughout July 2026. The Negroni brand originated in Buenos Aires' Palermo Hollywood district before expanding into South Florida. Negroni Brickell LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-18741) on July 1, 2026. In its petition, the Debtor reported between $1 million and $10 million in both assets and liabilities. The Debtor is represented by Jacqueline Calderin, Esq., and Jesse R. Cloyd, Esq. NEGRONI DORAL: Carol Fox of GlassRatner Named Subchapter V Trustee ------------------------------------------------------------------ The Acting U.S. Trustee for Region 21 appointed Carol Fox of GlassRatner as Subchapter V trustee for Negroni Doral LLC. Ms. Fox will be paid an hourly fee of $450 for her services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Ms. Fox declared that she is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Carol Fox GlassRatner 200 East Broward Blvd., Suite 1010 Fort Lauderdale, FL 33301 Tel: 954.859.5075 About Negroni Doral LLC Negroni Doral LLC is a Miami-based restaurant operator doing business as Negroni Bistro & Sushi Bar. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-18745) on July 1, 2026, with $1 million to $10 million in both assets and liabilities. Albert Llodra, chief restructuring officer, signed the petition. Judge Corali Lopez-Castro presides over the case. Jacqueline Calderin, Esq., at Agentis, PLLC represents the Debtor as legal counsel. NEXTNRG INC: Nets $940,000 From Merchant Cash Advance ----------------------------------------------------- NextNRG, Inc., received $940,000 in net proceeds after entering a merchant cash advance agreement with Avanza Capital Holdings LLC, according to a Form 8-K filed with the Securities and Exchange Commission. The company sold $1.5 million of future receipts or receivables for a $1 million purchase price under the June 30, 2026, agreement. NextNRG said the net proceeds reflected a $60,000 underwriting and program fee. The company must remit 25% of daily settlements and other receivables, with estimated weekly ACH payments of $62,496 and a monthly cap of $268,732. The obligations are secured by a first-priority security interest in accounts, deposits, inventory, receivables and related proceeds, among other collateral. Chief Executive Officer Michael D. Farkas personally guaranteed the obligations. About NextNRG, Inc. NextNRG, Inc. develops energy infrastructure solutions that combine AI and machine learning with renewable energy, smart microgrids, battery storage, wireless EV charging, and mobile fuel delivery. The company is based in Miami Beach, Florida, and traces its operations to entities incorporated in Florida and Delaware between 2016 and 2019. Its smart microgrids are designed to support commercial properties, schools, hospitals, nursing homes, parking garages, rural and tribal lands, recreational facilities, and government properties. NextNRG also operates a growing mobile fuel delivery fleet and holds exclusive licenses to four patented technologies related to AI/ML-based smart microgrids and virtual power plants. In an audit report dated April 15, 2026, M&K CPAS, PLLC included a going-concern paragraph, citing a substantial net loss from operations and insufficient revenues and income to fully fund operations. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, NextNRG, Inc., reported total assets of $12.26 million, total liabilities of $34.31 million, and a total stockholders' deficit of $22.05 million. NFE GLOBAL: Court Grants Chapter 15 Recognition ----------------------------------------------- Chief Judge Martin Glenn of the U.S. Bankruptcy Court for the Southern District of New York granted the motion filed by NFE Global Holdings Limited's foreign representative for recognition of the English proceedings as the foreign main proceedings pursuant to Bankruptcy Code section 1517(b)(1). The Debtors have property and property rights in the United States, and therefore, the Debtors are eligible to be debtors in a chapter 15 case pursuant to sections 109 and 1501 of the Bankruptcy Code The Court finds the English Proceedings are "foreign proceedings" within the meaning of section 101(23) of the Bankruptcy Code. According to the Court, the English Proceedings are pending in England, which is where the Debtors' COMI is located, and, as such, the English Proceedings are entitled to recognition as "foreign main proceedings" pursuant to sections 1502(4) and 1517(b)(1) of the Bankruptcy Code. The Court also finds the Restructuring Plans are not contrary to the public policy of the United States. The Restructuring Plans modify, discharge, and otherwise fully release all claims, under such Plan Debt, other than claims for criminal acts, fraud, gross negligence, and willful misconduct, and provide for the issuance of (i) new debt and guarantees governed by New York law, and (ii) preferred and common equity. These Plan Releases are an integral part of the implementation of the Restructuring Plans and are necessary to give commercial effect to the Restructuring. The Court concludes the relief granted under Bankruptcy Code sections 105, 1507, 1515, 1517, 1520, and 1521 is necessary, beneficial to the Debtors, and appropriate to effectuate the purposes of chapter 15 and to protect the Debtors, their assets, and the interests of their creditors and other parties-in-interest, and is consistent with the laws of the United States, international comity, public policy, and the policies of the Bankruptcy Code. This order is without prejudice to the Foreign Representative's ability to request any additional relief in the Chapter 15 Cases, including seeking recognition and enforcement in the United States of any further orders issued by the English Court, as such order may be amended or supplemented from time to time. A copy of the Court's Order dated June 29, 2026, is available at http://urlcurt.com/u?l=izGGVFfrom Pacermonitor.com. NFE Global Holdings Limited sought relief under Chapter 15 of the U.S. Bankruptcy Code (Bankr. S.D.N.Y. Case No. 26-11268) on May 28, 2026. Honorable Bankruptcy Judge Martin Glenn handles the case. The Debtor is represented by Ron E. Meisler, Esq. of Skadden, Arps, Slate, Meagher & Flom LLP. NFUZE LLC: Robert Eggmann Named Subchapter V Trustee ---------------------------------------------------- The Acting U.S. Trustee for Region 10 appointed Robert Eggmann as Subchapter V trustee for NFuze LLC. Mr. Eggmann will be paid an hourly fee of $550 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Eggmann declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Robert E. Eggmann P.O. Box 168 Columbia, IL 62236 Telephone: (314) 854-8600 Email: reetrustee@carmodymacdonald.com About NFuze LLC NFuze LLC is an Edwardsville, Illinois-based ambulatory wellness and infusion therapy services provider offering IV hydration treatments and GLP-1 weight loss therapy. The company continues operating as a debtor-in-possession following the commencement of its Chapter 11 case and an adversary proceeding initiated in May 2026. NFuze sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Ill. Case No. 26-30581) on June 30, 2026. In its petition, the Debtor reports estimated assets of $50,000 to $100,000 and estimated liabilities of $100,000 to $500,000. Honorable Mary E. Lopinot handles the case. The Debtor is represented by Jerry D. Graham, Jr., Esq. of JD Graham PC. NICHOLS STRATEGIES: Seeks to Hire The Bankruptcy Group as Counsel ----------------------------------------------------------------- Nichols Strategies, LLC seeks approval from the U.S. Bankruptcy Court for the Eastern District of California to employ The Bankruptcy Group, PC as counsel. The firm will render these services: (a) provide legal advice to the Debtor with respect to its powers and duties; (b) take all necessary action to protect and preserve the estate of the Debtor; (c) assist the Debtor in obtaining approval of a disclosure statement and confirmation of its Chapter 11 plan of reorganization; (d) prepare the necessary legal papers; (e) appear in Court and protect the interests of the Debtor before the Court; and (f) perform all other legal services for the Debtor that may be necessary and proper in this proceeding. The firm's hourly rates are as follows: Stephan Brown, Attorney $525 Legal Administrators $300 Law Clerks and Paralegals $250 Administrative Staff $160 In addition, the firm will seek reimbursement for expenses incurred. Mr. Brown 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: Stephan M. Brown, Esq. The Bankruptcy Group, PC 2408 Professional Drive Roseville, CA 95661 Telephone: (800) 920-5351 Facsimile: (916) 242-8588 Email: ECF@thebklawoffice.com About Nichols Strategies LLC Nichols Strategies, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Cal. Case No. 26-23467) on June 17, 2026, with up to $50,000 in assets and up to $1 million in liabilities. Judge Christopher M. Klein presides over the case. Stephan M. Brown, Esq., at The Bankruptcy Group, PC represents the Debtor as counsel. NLC PRODUCTS: Hires True Grit Auction Services as Auctioneer ------------------------------------------------------------ NLC Products Inc. seeks approval from the U.S. Bankruptcy Court for the Eastern District of Arkansas to hire Gary Morrison and True Grit Auction Services as auctioneer. The auctioneer will market for sale the Debtor's personal property. The firm will receive a 25% commission on gross proceeds sold at auction and a 10% buyer's premium to be charged to the winning bidders. Mr. Morrison assured the court that True Grit Auction Services is a disinterested person within the meaning of 11 U.S.C. Sec. 101(14), according to court filings. The firm can be reached through: Gary Morrison True Grit Auction Services 307 West Hill Street Ola, AR 72853 Phone: (479) 355-0803 Email: truegritauctionservices@gmail.com About NLC Products Inc. NLC Products Inc. is a privately held company specializing in niche catalog and e-commerce retail. Based in Arkansas, it operates a range of brands across various lifestyle segments, including gifts, apparel, and specialty merchandise. One of its notable subsidiaries is SGT GRIT, a brand dedicated to United States Marine Corps-themed apparel and accessories, which NLC acquired to expand its patriotic and military-focused offerings. NLC Products Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Ark. Case No. 25-11264) on April 14, 2025. In its petition, the Debtor reported total assets of $4,144,606 and total liabilities of $3,997,628. Judge Phyllis M. Jones handles the case. The Debtor is represented by Kevin P. Keech, Esq., at Keech Law Firm, PA. NORTHERN AMERICAN CONSTRUCTION: DBRS Rates $200MM Notes (P)BB(high) ------------------------------------------------------------------- DBRS Limited (Morningstar DBRS) assigned a provisional credit rating of (P) BB (high) with a Stable trend to North American Construction Group Ltd.'s (NACG or the Company) proposed $200 million Senior Unsecured Notes (Proposed Notes). The provisional credit rating is based on a recovery rating of RR4. The Company intends to use the net proceeds to repay indebtedness and for general corporate purposes. The Proposed Notes, issued on a private placement basis, will be senior unsecured obligations of the Company and will rank pari passu in right of payment with all other existing and future senior unsecured indebtedness. The Proposed Notes will be effectively subordinated to all existing and future senior secured indebtedness. The credit rating assigned to the Proposed Notes is based on the credit rating of an already-outstanding debt series of the above-mentioned debt instrument ENVIRONMENTAL, SOCIAL, AND GOVERNANCE CONSIDERATIONS Environmental (E) Factors The Environmental factor had a relevant effect on the credit analysis. As a service provider to large oil, natural gas, and resource companies, NACG is subject to downstream and upstream customer environmental regulations and compliance requirements relating to carbon dioxide emissions. Current regulations could tighten further in the future, which may cause significant financial burden for the Company. The Company is also exposed to weather related risks and operational volatility, which may adversely affect financial performance. There were no Social or Governance factors that had a significant or relevant effect on the credit analysis. Notes: All figures are in Canadian dollars unless otherwise noted. NUVEI CORP: S&P Affirms 'B+' ICR on Acquisition Announcement ------------------------------------------------------------ S&P Global Ratings affirmed its 'B+' issuer credit rating on Nuvei Corp. S&P said, "Additionally, we affirmed our issue-level ratings on the company's existing revolving credit facility and first-lien term loan of 'B+' with a recovery rating of '3'. The '3' recovery rating indicates our expectation for meaningful (50%-70%; rounded estimate: 60%) recovery in the event of a payment default. "Following the transaction announcement, our negative outlook reflects that we could downgrade Nuvei if we expect leverage to be significantly higher than 6.0x." Nuvei Corp., a global payment processing solutions provider, announced that it has entered into a definitive agreement to acquire Payoneer Global Inc. for approximately $2.75 billion in an all-cash transaction. The transaction, expected to close in mid-2027, is subject to shareholder approval, required regulatory approvals and other customary closing conditions. S&P said, "To finance the acquisition, Nuvei has a committed debt financing package which signals a more aggressive financial policy than we assume in our ratings, but closing leverage could be more conservative depending on growth and cash flow generation. "Nuvei's recent operating performance demonstrated resilient top-line growth. Revenue increasing 8.6% for the year 2025, slightly exceeding our prior 8.0% forecast and growing 12% year over year to $400 million in the first quarter of 2026. The primary driver of this growth was stronger performance than we anticipated within the enterprise channel." In step with this top line strength, S&P Global Ratings-adjusted EBITDA margin for the trailing 12 months ended March of 2026 reached 28.7%, representing a 440-basis-point improvement compared with one year prior. The benefits from an improved payment-type mix and realized cost initiatives were partially offset by strategic investments in the direct sales force. S&P said, "We believe the impact of these sales investments will be transitory. The six- to eight-month ramp-up period required for new personnel to reach full effectiveness supports our expectation of ongoing margin improvement. The company has also identified several cost-saving measures, which will further support ongoing EBITDA margin improvement. As these cost initiatives are realized and sales investments yield increasing returns, we anticipate a continued trajectory of improved profitability." S&P said, "Nuvei's financing for the acquisition signals more aggressive financial policies than our current rating expectations. We believe the financing commitment Nuvei announced to fund its acquisition of Payoneer is aggressive, signals a willingness to utilize leverage, and could represent a more aggressive financial policy than we have currently assumed in our ratings. At the same time, we don't expect the transaction to close until mid-2027 and Nuvei has communicated its intention to direct internal cash flow generation during this period toward funding the purchase price. "We expect both Nuvei and Payoneer to sustain rates of growth between now and closing. Therefore, the ultimate starting leverage profile could be more conservative than what would otherwise be implied. We intend to monitor its capital allocation leading up to this transaction to determine prospects for sustaining leverage below 6x, as well as whether the financial policy risks it suggests are consistent with the assumptions underpinning our current ratings." Payoneer's product capabilities, scale, and geographic footprint should enhance Nuvei's growth prospects and competitive positioning. S&P believes the product capabilities Payoneer brings, including its regulatory licenses, marketplace payouts, cross-border remittances, multi-currency global accounts, and stablecoin, are complementary to Nuvei's strengths in e-commerce, acquiring, and business-to-business payments that will further enhance the company's range of offerings. This should increase value proposition -with a greater ability to cover global customer needs holistically and also support cross-selling opportunities such as providing Payoneer's outbound payment capabilities with existing Nuvei enterprise clients. The acquisition will be contingent upon securing several regulatory approvals, including online payment service licenses in mainland China, cross-border payment aggregator authorization in India, and e-money authorizations in the EU and the U.K., in addition to standard anti-trust clearances. S&P would also expect that the execution of the large-scale merger to entail risks, particularly regarding the integration of two unique and complex technological stacks. Following the transaction announcement, S&P's negative outlook reflects that S&P could downgrade Nuvei if it expects leverage to be significantly higher than 6.0x. S&P could lower its ratings on Nuvei if it believes its operating prospects or financial policies are inconsistent with sustaining S&P Global Ratings-adjusted leverage below 6x. This could be the result of: -- A track record that is inconsistent with management's financial policy targets, leading S&P to foresee heightened financial policy risk; or -- Materially underperforming S&P's forecast, due to economic headwinds, overrun of transaction costs, or failure to realize projected synergies during the integration of Payoneer. S&P said, "We could revise the outlook to stable if we believe Nuvei's financial policy will support sustaining S&P Global Ratings-adjusted leverage below 6x. We would also require the company to successfully integrate Payoneer, while maintaining revenue improvements, EBITDA margin expansion, and falling debt levels that also support leverage below 6x." NXT ENERGY: Appoints Marvin Singer to Board of Directors -------------------------------------------------------- NXT Energy Solutions Inc. has announced the appointment of Mr. Marvin Singer to its board of directors as Ataraxia Capital's representative, in accordance with the Investor's Rights Agreement between the Company and Ataraxia Capital. Mr. Singer has been a corporate consultant to private and public companies since January 2020. In 2019, he retired from practising corporate, securities and natural resources law, most recently as a Senior Partner at Norton Rose Fulbright Canada LLP. Mr. Singer has extensive experience in structuring and implementing acquisitions, joint ventures, divestitures, mergers, take-overs, corporate reorganizations, financings and corporate governance. Since retiring he has acted as a director of several Canadian public companies. Mr. Singer received a LL.B. degree from the Osgoode Hall Law School, Toronto, Canada. About NXT Energy NXT Energy Solutions Inc. is a Calgary-based technology company whose proprietary SFD survey system utilizes quantum-scale sensors to detect gravity field perturbations in an airborne survey method. This system can be used both onshore and offshore to remotely identify areas with exploration potential for traps and reservoirs. The SFD survey system enables the Company's clients to focus their hydrocarbon exploration decisions concerning land commitments, data acquisition expenditures, and prospect prioritization on areas with the greatest potential. SFD is environmentally friendly and unaffected by ground security issues or difficult terrain and is the registered trademark of NXT Energy Solutions Inc. NXT Energy Solutions provides its clients with an effective and reliable method to reduce time, costs, and risks related to exploration. Calgary, Canada-based MNP LLP, the Company's auditor since 2023, issued a "going concern" qualification in its report dated March 31, 2026, citing that the Company's current cash position is not expected to be sufficient to meet the Company's obligations and planned operations for a year beyond the date of auditor's report, unless additional financing is obtained or new revenue contracts are completed. This raises substantial doubt about the Company's ability to continue as a going concern. As of March 31, 2026, the Company had C$17.07 million in total assets, C$4.08 million in total liabilities, and C$12.99 million in total stockholders' equity. O'BRIEN ENERGY: Gets Final OK to Use Cash Collateral ---------------------------------------------------- The U.S. Bankruptcy Court for the District of New Hampshire entered a final order authorizing O'Brien Energy Resources Corp. to use cash collateral. Under the final order, the Debtor is authorized to use cash collateral in accordance with the approved budget through Aug. 22, with total expenditures capped at 125% of the aggregate budgeted amount. The Debtor's counsel, Drummond Woodsum, and the official unsecured creditors' committee's counsel, Bernstein, Shur, Sawyer & Nelson, P.A., are authorized to hold designated budgeted funds in their IOLTA accounts pending further court order. Payment to the budget's "Critical Vendor" category is prohibited without separate court approval. As adequate protection, Newburyport Bank will receive monthly cash payments of $20,050.57. In addition, Newburyport and other pre-petition lienholders will be granted replacement liens and continuing liens on the Debtor's assets to the extent necessary to protect against any post-petition decline in the value of their collateral. If those liens prove insufficient, any remaining adequate protection obligations may qualify as administrative expense claims under Section 507(b) of the Bankruptcy Code. The order preserves all parties' rights to challenge the validity, perfection, priority, valuation, or enforceability of any pre-petition liens. If the Debtor seeks to continue using cash collateral beyond Aug. 22, it must file a proposed order and updated budget by July 29. The court scheduled a continued hearing for Aug. 12. Objections are due by Aug. 5. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/4sJLJ from PacerMonitor.com. O'Brien Energy Resources has 12 pre-petition lienholders asserting claims totaling millions of dollars. Newburyport holds the largest claim of $3,455,240 across four separate loans and has properly filed UCC financing statements in Colorado, establishing a perfected interest. Meanwhile, the U.S. Small Business Administration, which holds claims totaling $1,050,941 across two EIDL loans, filed a financing statement in Colorado for the second loan but only in New Hampshire for the first. The remaining 10 creditors include GALT Funding, EN OD Capital, Fenix Funding, Prosperity Funding Group, SQ Advance, Mynt Advance, Oakwood Business Funding, Nitro Advance, Eastern Bank, and Sparrow Advance. These creditors hold combined claims exceeding $1.5 million. While some filed financing statements in New Hampshire, none recorded UCC filings in Colorado. The Debtor asserts these creditors lack a properly perfected security interest in the cash collateral, reserving all rights to challenge their validity and valuation. About O'Brien Energy Resources Corp. 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 filed 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. The Debtor tapped William J. Amann, Esq., at Amann Burnett, PLLC and Kellie W. Fisher, Esq., at Drummond Woodsum as legal counsel; and Jason Mills of BCM Advisory Group, LLC as chief restructuring officer. The U.S. Trustee for Region 1 appointed an official committee to represent unsecured creditors in the Debtor's Chapter 11 case. The committee is represented by Bernstein, Shur, Sawyer & Nelson, P.A. OHA PAPI: Seeks Chapter 11 Bankruptcy in Texas ---------------------------------------------- On July 6, 2026, Oha Papi, LLC filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Eastern District of Texas. According to court filings, the Debtor reports between $10 million and $50 million in debt. The petition does not specify the number of creditors. A meeting of creditors filed by the US Trustee under Section 341(a) to be held on August 12, 2026 at 03:00 PM via Telephonic Dial-In Information. Government Proofs of Claim must be filed by January 4, 2027. About Oha Papi, LLC Oha Papi, LLC, doing business as Simple Auto DFW, is a Dallas, Texas-based buy here, pay here used car dealership. The company specializes in the retail sale and financing of pre-owned vehicles, offering in-house financing solutions to customers with a wide range of credit profiles. Oha Papi, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Tex. Case No. 26-42348) on July 6, 2026. In its petition, the Debtor reports estimated assets of $10 million to $50 million and estimated liabilities of $10 million to $50 million. The filing indicates that funds will be available for distribution to unsecured creditors. The Honorable Brenda T. Rhoades handles the case. The Debtor is represented by Robert C. Rowe of Carrington, Coleman, Sloman & Blumenthal, LLP. ONE WORLD: Seeks to Hire Loeb & Loeb LLP as Bankruptcy Counsel -------------------------------------------------------------- One World Real Estate, LLC seeks approval from the U.S. Bankruptcy Court for the Central District of California to hire Loeb & Loeb LLP as bankruptcy counsel. The firm will render these services: a. advise the Debtor of its rights, powers, and duties as debtor and debtor in possession while operating and managing its business under Chapter 11, Subchapter V of the Bankruptcy Code; b. prepare and assist the Debtor in the preparation of reports, applications, pleadings, and orders including, but not limited to, interim statements and operating reports, amending initial filing requirements, schedules and statements of financial affairs, lease pleadings, financing pleadings, and pleadings with respect to the Debtor's use, sale, or lease of property outside the ordinary course of business; c. advise the Debtor concerning, and prepare responses to, applications, motions, other pleadings, notices, and other papers that may be filed by other parties in this bankruptcy case; d. advise the Debtor with respect to certain rights and remedies of the bankruptcy estate and rights, claims, and interests of creditors; e. advise the Debtor regarding actions to collect and recover property for the benefit of its estate; f. advise the Debtor concerning executory contract and unexpired lease assumptions and assignments, and rejections; g. assist the Debtor in reviewing, estimating, and resolving claims asserted against the Debtor's estate; h. assist the Debtor in complying with applicable laws and governmental regulations; i. represent and advise the Debtor at the 341(a) meeting of creditors; j. represent the Debtor in any proceeding or hearing in the Bankruptcy Court involving the estate unless the Debtor is represented in such proceeding by other or special counsel; k. commence and conduct litigation necessary or appropriate to assert rights held by the Debtor, protect assets of the Debtor's bankruptcy estate, or otherwise further the goals of the Debtor in this bankruptcy case; l. prepare and prosecute on behalf of the Debtor a chapter 11 plan; and m. provide any other services to the extent requested by the Debtor. The firm will be paid at these hourly rates: Bernard R. Given, II Partner $1,095 Bethany D. Simmons Partner $995 Fiona McKeown Paralegal $465 Loeb also holds a retainer in the amount of $25,000. Loeb & Loeb is a "disinterested person" within the meaning of Section 101(14) of the Bankruptcy Code, according to court filings. The firm may be reached through: Bernard R. Given, II, Esq. Loeb & Loeb LLP 10100 Santa Monica Boulevard, Suite 2200 Los Angeles, CA 90067 Telephone: (310) 282-2000 Facsimile: (310) 282-2200 About One World Real Estate, LLC One World Real Estate, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 26-15134) on May 25, 2026. In the petition signed by Diljit K. Bains, manager, the Debtor disclosed up to $10 million in both assets and liabilities. Judge Barry Russell oversees the case. Bernard R. Given, II, Esq., at Loeb & Loeb LLP, represents the Debtor as legal counsel. Mechanics Bank, as lender, is represented by Robert B. Kaplan Esq., at Jeffer Mangels & Mitchells, LLP. OPTIMUM COMMUNICATIONS: Secures $250 Million Incremental Term Loan ------------------------------------------------------------------ Optimum Communications, Inc. disclosed in a regulatory filing that Cablevision Litchfield, LLC and CSC Optimum Holdings, LLC, each an indirect wholly-owned subsidiary of the Company, as borrowers, entered into the Second Amended and Restated Credit Agreement with the guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent. The Second A&R UnSub Credit Agreement provides for, among other things, an incremental term loan commitment in an aggregate principal amount of $250 million. The loans made pursuant to such incremental term loan commitment have substantially similar terms as the term loans that have been outstanding under the Amended and Restated Credit Agreement, dated as of January 12, 2026 (as amended by Amendment No. 1, dated as of May 29, 2026), which term loans will remain outstanding under the Second A&R UnSub Credit Agreement, and will: (i) mature on November 25, 2028, (ii) accrue interest at a fixed rate per annum equal to 9.000% and (iii) not amortize. The proceeds from the UnSub Incremental Term Loan are intended to be used for general corporate purposes. The full text copy of the Second A&R UnSub Credit Agreement is available at https://tinyurl.com/3enzy2xb About Optimum Communications Optimum Communications, Inc. (NYSE: OPTU) is one of the largest broadband communications and video services providers in the United States, delivering broadband, video, mobile, proprietary content and advertising services to approximately 4.3 million residential and business customers across 21 states through its Optimum brand. It operates Optimum Media, an advanced advertising and data business, which provides audience-based, multiscreen advertising solutions to local, regional and national businesses and advertising clients. It also operates News 12, which is focused on delivering best-in-class hyperlocal news content. Based on the Company's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026, because the Company does not currently have committed financing or cash and cash equivalents combined with projected future cash flows sufficient to satisfy its debt maturities arising within the next 12 months, substantial doubt exists about the Company's ability to continue as a going concern within one year after the date the consolidated financial statements are issued. While management is pursuing efforts to refinance or restructure the Company's debt, or to raise additional capital sufficient to satisfy these debt maturities, there is no assurance these efforts will be successful. As of March 31, 2026, the Company had $27.9 billion in total assets, $33 billion in total liabilities, and $5.2 million in total stockholders' deficiency. PACIFIC CAPITAL: Verita Global as Claims and Noticing Agent ----------------------------------------------------------- Pacific Capital Funding Group and its affiliates seek approval from the U.S. Bankruptcy Court for the Northern District of California to hire Kurtzman Carson Consultants, LLC, doing business as Verita Global, as claims and noticing agent. Verita Global will oversee the distribution of notices and will assist in the maintenance, processing, and docketing of proofs of claim filed in the Chapter 11 case of the Debtor. Before the petition date, the Debtor provided Verita a retainer in the amount of $20,000. Evan Gershbein, executive vice president at Verita Global, 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: Evan J. Gershbein Verita Global 222 N. Pacific Coast Highway, 3rd Floor El Segundo, CA 90245 Telephone: (310) 823-9000 Facsimile: (310) 823-9133 Email: egershbein@kccllc.com About Pacific Capital Funding Group Pacific Capital Funding Group and its affiliates filed their voluntary petitions for relief under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Cal. Case No. 26-30538) on June 16, 2026, listing $10,000,001 to $50 million in both assets and liabilities. Bennett G. Young, Esq. and Jeffer Mangels & Mitchell LLP serves as the Debtor's counsel. PACIFIC RIM: To Sell Wine IP & Trademark to WarRoom Ventures ------------------------------------------------------------ Pacific Rim Winemakers, Inc. and its affiliates, G-4 Family Holdings, Inc. (Holdings) and G-4 Oregon Properties, LLC (G-4 Holdings), seek approval from the U.S. Bankruptcy Court for the Eastern District of New York, to sell Property, free and clear of liens, claims, interests, and encumbrances. Holdings is the sole shareholder of Pacific Rim and the sole member of G-4 Oregon. Salvatore La Monica, Esq. is the Subchapter V trustee in the Debtors' Case. In 2006 or 2007, Pacific Rim leased a winery in West Richland, Benton County, Washington State and commenced wine making operations in approximately September 2007. Pacific Rim also owns approximately five acres of vacant land in West Richland, WA, adjacent to the Washington Winery. In or about December 2010, Holdings was formed and became the 100% owner of Pacific Rim. Pacific Rim currently leases the white grape side of the Washington Winery from lessor Red Mountain Wine Estates, L.L.C. under a lease dated July 6, 2017, with an expiration date of August 31, 2034. Pacific Rim currently leases the red grape side of the Washington Winery from Red Mountain under a lease dated December 14, 2012, with an expiration date (as extended) of December 31, 2030. Since the filing of the Debtors' Cases, Pacific Rim and G-4 Oregon have been diligently working to maximize the value of their property and timely formulate and prepare liquidation plans and the required exhibits to those plans. The Debtor is selling the Acquired Assets, consisting of (i) the Acquired Physical Assets (i.e. 76,000 gallons of certain bulk sweet Riesling wine located at the Washington Winery), and (ii) the Acquired IP Assets, consisting of: * Seller's trademark registrations and applications. * All common law, unregistered trademarks, trade dress, and trade names, that Seller has used in connection with the Acquired Physical Assets. * All copyrighted works, and all copyright registrations and/or applications for copyright registration, and exclusive copyright licenses, in and to all works of authorship that Seller has used in connection with the Acquired Physical Assets, including without limitation label artwork, packaging, website content, and content used in social media advertising. * All customer lists, including names and contact information of past and present wine club members and direct-to-consumer purchasers of wines. * List of all distributors and accounts, including names and contact information. The Debtors believe the $402,000 Purchase Price is fair and reasonable, and the best way to maximize the value of the Acquired Assets. The unsold bulk wine has very little value to the Debtors' estates, given that the Pacific Northwest bulk market (Washington and Oregon) experienced a severe oversupply beginning in 2023–2024 due to declining wine consumption and excess production. Industry participants report that the oversupply is expected to affect pricing for multiple vintages. It is estimated that there are many multiple millions of gallons of unsold bulk wine in Washington and Oregon, which makes it difficult for the Debtors to find buyers for Pacific Rim's wine inventory. The Acquired IP Assets have also proven difficult to sell. Pacific Rim's trademarks were detailed in its Schedules filed on April 20, 2026. On or about June 18, 2026, Pacific Rim sought to solicit offers for the Pacific Rim Trademarks and intellectual property by placing an advertisement on the websites of the US Trademark Exchange, the Beverage Trade Network, and Winebusiness.com. No parties other than the Purchaser, WarRoom Ventures LLC, a California limited liability company, have expressed interest in any of the Pacific Rim Trademarks or intellectual property in the purchase price of $402,000. Pacific Rim believes there are liens on some of the bulk wine to be sold, while there are no liens or encumbrances on the Acquired IP Assets. The Debtor believes that the private sale of the Acquired Assets to the Purchaser be approved in light of the reasonableness of the $402,000 Purchase Price under the Sale Agreement, and the arms’ length negotiations that led to the Sale Agreement. Pacific Rim submits that the terms of the Sale Agreement, including the fact that no competitive bidding is necessary, are fair and reasonable under the circumstances. About Pacific Rim Winemakers Pacific Rim Winemakers, Inc. doing business as Pacific Rim & Company, is a West Richland, Washington-based wine producer that makes Riesling-focused wines ranging from dry to dessert styles. A member of Banfi Vintners' U.S. portfolio, the company produces labels including Pacific Rim Dry Riesling, Rainstorm, Silver Raven, and Thick Skinned from grapes sourced in the Columbia and Yakima valleys. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. N.Y. Case No. 26-71230) on March 30, 2026. In the petition signed by Cristina Mariani-May, vice president, the Debtor disclosed up to $10 million in both assets and liabilities. Judge Sheryl P. Giugliano oversees the case. Alex Spizz, Esq., at TARTER KRINSKY & DROGIN LLP, represents the Debtor as legal counsel. PARADISE LAND: Seeks Cash Collateral Access ------------------------------------------- Paradise Land, LLC asks the U.S. Bankruptcy Court for the Northern District of Alabama, Northern Division, for authority to use cash collateral and provide adequate protection. The Debtor is obligated under three separate promissory notes secured by mortgages on its real property located at Kerri Lane in Boaz, Alabama. The first note had an original principal balance of $1,105,000 and is secured by a mortgage that includes an assignment of leases and rents, with both ILS Income and ILS Growth holding interests in the obligation. The second note has an original principal balance of $300,000, is likewise secured by a mortgage on the same property, and is also jointly held by ILS Income and ILS Growth. The third note has an original principal amount of $195,000, is secured by another mortgage on the Kerri Lane property, and is held solely by ILS Growth. Because the loan documents include assignments of leases and rents, the rental income generated by the Kerri Lane property constitutes cash collateral under 11 U.S.C. section 363(a) and belongs to the bankruptcy estates administered by the ILS Trustee unless the Bankruptcy Court authorizes its use. The Debtor emphasizes that it has an immediate and critical need to use the rental income to preserve both the real property and the value of the bankruptcy estate. Without access to the cash collateral, Paradise Land states that it would be unable to maintain the Kerri Lane property or pay the administrative expenses necessary to administer the Chapter 11 case. Such an outcome, according to the motion, would cause immediate and irreparable harm by diminishing the value of the estate and impairing recoveries for creditors. Paradise Land explains that it has successfully negotiated an agreement with the ILS Trustee governing the use of the rental income. Under the proposed arrangement, the Debtor will be permitted to use the cash collateral solely to pay the administrative expenses of the bankruptcy estate, while the ILS Trustee receives specified forms of adequate protection to compensate for any potential diminution in the value of the secured creditors' interests. The Debtor argues that this consensual arrangement benefits all parties because it allows the estate to continue operating while protecting the rights of the secured lenders. As adequate protection, Paradise Land proposes making monthly payments totaling $5,824 to the ILS Trustee. The June 2026 payment must be made within two business days after entry of the order approving the motion. Because the May 2026 adequate protection payment was not made, the Debtor proposes to cure that obligation by adding $1,456 to each monthly payment due in July, August, September, and October 2026. As a result, each of those four monthly payments would total $7,280, consisting of the regular monthly payment plus one-fourth of the unpaid May obligation. Beginning thereafter, all future monthly adequate protection payments of $5,824 must be received by the ILS Trustee no later than the seventh day of each applicable month. The Debtor further provides that all adequate protection payments will be applied against the Debtor's obligations under the applicable loan documents according to their contractual terms. A copy of the motion is available at https://urlcurt.com/u?l=uaDoUY from PacerMonitor.com. About Paradise Land LLC Paradise Land LLC operates Paradise Homes Park, a residential mobile home park in Boaz, Alabama that provides lots and mobile home housing with common areas, security cameras, designated storage, and enclosed space. The community also offers water, sewer, and electricity connections, paved roads, and housing financing arrangements through Zippy Home Loans and Triad Financial Services. Paradise Land LLC filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Ala. Case No. 26-80915) on April 21, 2026, listing $2,268,238 in assets and $1,983,478 in liabilities. The petition was signed by Anthony D. Moreno Bernabel as partner. Judge Clifton R Jessup Jr presides over the case. Stuart Maples, Esq. at THOMPSON BURTON PLLC represents the Debtor as counsel. PERFECT CHOICE: Hires Nuance Financial Inc. as Accountant --------------------------------------------------------- Perfect Choice Roofing, Inc. seeks approval from the U.S. Bankruptcy Court for the Southern District of Florida to employ Nuance Financial, Inc. as accountant. The firm will prepare the Debtor's federal income tax return for the 2025 tax year for a flat fee of $3,500. Nicholas Meester, CEO of Nuance Financial, Inc., assured the court that his firm is a "disinterested person" within the contemplation of 11 U.S.C. Section 101(14). The firm can be reached through: Nicholas Meester, CPA Nuance Financial, Inc. 17850 Kenwood Trail #214 Lakeville, MN 55044 Phone: (952) 892-7723 About Perfect Choice Roofing Inc. Perfect Choice Roofing, Inc. is a Pembroke Pines, Florida-based roofing contractor founded in 2017. It serves residential and commercial customers in Miami-Dade, Broward and Palm Beach counties, and provides roof replacement, roof repair and preventive maintenance. Peter Vargas is the president and sole owner. Perfect Choice Roofing sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-14538) on April 13, 2026. In the petition signed by Peter Vargas, vice president, the Debtor disclosed up to $500,000 in assets and up to $10 million in liabilities. Michael Hoffman, Esq., at Lessne Hoffman, PLLC represents the Debtor as counsel. PGX HOLDINGS: Oquirrh Mountain Wins Bid to Dismiss "Sanders" ------------------------------------------------------------ Judge Jamar K. Walker of the U.S. District Court for the Eastern District of Virginia granted Oquirrh Mountain Law Group's motion to dismiss the amended complaint in the case captioned as PATRICIA SANDERS, Plaintiff, v. OQUIRRH MOUNTAIN LAW GROUP, P.C. d/b/a Lexington Law Firm, Defendant, Case No. 4:25-cv-149 (E.D. Va.). The case is dismissed with prejudice. On June 4, 2023, John C. Heath, Attorney at Law, P.C. d/b/a Lexington Law Firm ("former Lexington Law") filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware (In re PGX Holdings, Inc., No. 23-10718, ECF No. 1 (Bankr. D. Del. June 4, 2023)). On August 25, 2023, the bankruptcy court entered a sale order approving the purchase of the former Lexington Law "free and clear of all claims," where "claims" is defined in part as a "right to payment." Oquirrh Mountain Law Group was formed on September 14, 2023, and acquired the assets of the former Lexington Law pursuant to the bankruptcy plan. Sanders filed her complaint against Oquirrh on November 18, 2025, and an amended complaint on December 5, 2025, arising out of her interactions with the company doing business as Lexington Law in 2022. She seeks monetary damages for violations of the Credit Repair Organization Act and four state law causes of action. Oquirrh seeks dismissal of the plaintiff's amended complaint pursuant to Fed. R. Civ. P. 12(b)(6) because the bankruptcy court's sale order bars claims against the purchaser of the former Lexington Law and the assets were sold "free and clear of all claims." The plaintiff argues that the sale order's claim injunction is "unauthorized" under Harrington v. Purdue Pharma L.P., 603 U.S. 204 (2024), and that Oquirrh is a "mere continuation" of the former Lexington Law and so can be held liable for the actions of the previous entity. But the plaintiff's amended complaint does not allege any theory of successor liability, so that argument is not properly before the Court. Recognizing this fact, the plaintiff requests leave to amend her amended complaint because she "was not aware that the defendant sold the company." But the plaintiff did not separately file a motion for leave to amend nor a proposed second amended complaint for the Court's review. A copy of the Court's Opinion &Order dated July 1, 2026, is available at http://urlcurt.com/u?l=e9hD7ffrom Pacermonitor.com. About PGX Holdings PGX Holdings, Inc. and affiliates are credit repair service providers, helping customers repair their credit and achieve their credit goals. PGX Holdings help consumers access and understand the information contained in their credit reports, ensure that the information contained in those reports is fair, accurate, and complete, and address other factors that may negatively impact their credit scores. The Debtors sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del. Lead Case No. 23-10718) on June 4, 2023. In the petition signed by Chad Wallace, chief executive officer and president, the Debtor disclosed up to $500 million in assets and up to $10 billion in liabilities. Judge Craig T. Goldblatt oversees the case. Kirkland and Ellis LLP, Kirkland and Ellis International LLP, and 300 North LaSalle represents the Debtor as bankruptcy counsel. The Debtors also tapped Klehr Harrison Harvey Branzburg LLP as local bankruptcy counsel, Alvarez & Marsal North America, LLC, as financial advisor, Greenhill and Co., LLC as investment banker, Kurtzman Carson Consultants LLC as notice and claims agent, and Landis Rath and Cobb as conflicts counsel. King & Spalding, LLP, and Morris, Nichols, Arsht & Tunnell LLP, serve as counsel to Blue Torch Finance LLC, as DIP Agent and Prepetition First Lien Agent, and the Prepetition First Lien Lenders. Clyde & Co US LLP, serves as special counsel to the DIP Agent, the Prepetition First Lien Agent, and the Prepetition First Lien Lenders. Proskauer Rose LLP, is counsel to Prospect Capital Corporation, in its capacity as DIP Lender and lender under the Prepetition First Lien Credit Agreement. Morris, Nichols, Arsht & Tunnell LLP, is local counsel to Prospect Capital. PHOTO HOLDINGS: Moody's Assigns 'B3' CFR, Outlook Stable -------------------------------------------------------- Moody's Ratings assigned Photo Holdings, LLC (Photo Holdings, dba Shutterfly) a B3 Corporate Family Rating and B3-PD Probability of Default Rating following the successful refinancing of its capital structure. Moody's also affirmed Photo Holdings' Backed Senior Secured First Lien Notes rating at B2. Also, Photo Holdings' B2 Backed Senior Secured First Lien Term Loan rating and Ba3 Backed Super Senior Secured Revolving Credit Facility rating remains unchanged. The outlook of Photo Holdings, LLC remains stable. Additionally, Moody's withdrew Shutterfly, LLC's Caa2 Corporate Family Rating and Caa2-PD Probability of Default Rating and Shutterfly Finance, LLC's (Shutterfly Finance) B2 Backed Senior Secured First Lien Term Loan and Notes ratings and Caa2 Backed Senior Secured Second Lien Term Loan, Revolving Credit Facility and Notes ratings upon full repayment of outstanding rated obligations. Previously, the ratings for Shutterfly, LLC and Shutterfly Finance, LLC were on review for upgrade. Moody's have also withdrew the ratings under review outlooks for Shutterfly, LLC and Shutterfly Finance, LLC. As expected, proceeds from the new 5-year $500 million Backed Senior Secured First Lien Term Loan, 5-year $1,150 million Backed Senior Secured First Lien Notes offering, which priced at a 12% coupon, and an unrated $250 million second lien term loan and $156 million cash on hand were used to refinance existing secured debt (both first and second lien) maturing in September-October 2026. Shutterfly Finance's existing Senior Unsecured Notes due 2028 (unrated) were exchanged for new senior unsecured notes at the Photo Holdings level and extended to 2032, beyond the maturities of the new secured debt and will remain PIK-pay through the new maturity. Photo Holdings' new credit facility includes an approximately $278 million 5-year Super Senior Secured Revolver with a maturity date 91 days inside the proposed first lien secured debt. The actions reflect governance considerations as the successful refinancing improves liquidity, eliminates near term refinancing risks by extending access to external revolving credit line to 2031 from 2026 and moves funded debt maturities to 2031-2032 from 2027-2028 and revolver maturity to 2031 from 2026. RATINGS RATIONALE The B3 CFR reflects the company's highly levered capital structure in a business with pronounced cash flow and earnings seasonality, exposure to cyclical consumer discretionary spend, modest though improving operating margins and an intensely competitive marketplace for photo-based consumer products. Shutterfly is heavily dependent on fourth quarter earnings to offset operating losses in the first nine months of the year. Shutterfly's cash flow and operating metrics have improved since its debt exchange two years ago, and Moody's expects further improvement over the next 12-18 months. The rating is supported by Shutterfly's strong brands, leadership position and manufacturing scale as a retailer of personalized photo products and services and a broad range of customized goods. It also reflects Shutterfly's progress in improving its operating performance, free cash flow, and liquidity with additional improvements expected over the next 12-18 months. The stable outlook for Photo Holdings, LLC reflects Moody's views that company will maintain credit metrics commensurate with the B3 CFR over the next 12-18 months including Debt/EBITDA under 6.0 times and free cash flow to debt in the mid-single digits percent range. Shutterfly has adequate liquidity supported by Moody's expectations of positive free cash flow in excess of $100 million in 2026 and availability under the proposed $278 million super senior revolver, though constrained by significant seasonality. Shutterfly's business is highly seasonal, producing the bulk of its free cash inflow in the October-to-December quarter to offset cash burn during the January-to-September period. The company typically draws down cash balances and relies on revolver borrowings in the March to September quarters to fund sizable working capital requirements and offset negative operating cash flows. Notably, improved profitability in the lower volume quarters (Q1 - Q3) has lessened reliance on the revolver and supported free cash flow generation. Shutterfly's unrestricted cash totaled approximately $47 million on a pro forma basis at March 31, 2026 and $491 million at December 31, 2025. Over the next 12-18 months, Moody's expects Shutterfly to maintain minimum unrestricted cash balances of around $40 million or more with revolver borrowings improving relative to historical usage during the first three quarters of the year, as the company uses cash from its Q4 peak cash balance. The instrument ratings reflect the B3-PD PDR, an average expected family recovery rate of 50% given the mix of secured and unsecured as well as first lien, second lien and super senior debt in the capital structure and the particular instruments' ranking in the capital stack. FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS Ratings could be upgraded if the company generates positive organic revenue and EBITDA growth in the mid-single digits such that Moody's adjusted debt/EBITDA is expected to be sustained below 5 times with free cash flow to debt above 5 percent and good liquidity. Ratings could be downgraded if, for any reason, Moody's adjusted debt/EBITDA rises above 7 times. Ratings could also be downgraded if revenue and EBITDA decline, liquidity weakens, the company exhibits more aggressive financial policies, Moody's views the capital structure as unsustainable, or refinancing risk increases. The principal methodology used in these ratings was Business and Consumer Services published in February 2026. The outcome from Moody's Business and Consumer Services methodology is B1 for Shutterfly, two notches higher than the B3 CFR. The difference is attributable to the company's sustained high leverage, seasonality and execution risk of transforming the Lifetouch business. Headquartered in San Jose, CA, Photo Holdings, LLC is a leading online manufacturer and retailer of personalized consumer photo products through brands such as Shutterfly, Snapfish, Tiny Prints Boutique, Spoonflower and photo services through its Lifetouch division and Shutterfly Business Solutions. GAAP revenue totaled approximately $2.13 billion in 2025. Photo Holdings, LLC is majority-owned by investment funds managed by Apollo Global Management, Inc. PICHOI CORPORATION: Commences Chapter 11 Bankruptcy in Colorado --------------------------------------------------------------- On July 6, 2026, Pichoi Corporation filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Colorado. Court filings indicate the Debtor reports estimated liabilities between $1,000,001 and $10 million owed to 1-49 creditors. A meeting of creditors under 341(a) to be held on August 11, 2026 at 02:00 PM at Telephonic Chapter 11: Phone 888-330-1716, Access Code 8602461#. The Chapter 11 Small Business Subchapter V Plan is due by October 5, 2026, while Government Proofs of Claim must be filed by January 4, 2027. About Pichoi Corporation Pichoi Corporation is a Castle Pines, Colorado-based quick-service restaurant operator doing business as Subway. Founded in 2020, the privately held company owns and operates a Subway franchised restaurant, providing made-to-order sandwiches, salads, wraps, and related food and beverage offerings. Pichoi Corporation sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Col. Case No. 26-14866) on July 6, 2026. The Debtor reports estimated assets ranging from $100,001 to $500,000 and estimated liabilities of $1,000,001 to $10 million. The Honorable Kimberley H. Tyson oversees the bankruptcy proceedings. PLATES RESTAURANT: To Sell Resto Biz to Supakorn Thanasongtrakul ---------------------------------------------------------------- The Plates Restaurant, LLC, dba Asher & Rose Grocer, seeks permission from the U.S. Bankruptcy Court for the Northern District of Georgia, Atlanta Division, to sell substantially all Assets, free and clear of liens, claims, interests, and encumbrances. The Debtor operated an Italian restaurant called Piastra on the square in Marietta, Georgia. Following the opening of multiple new Italian restaurants in Piastra's vicinity, the Debtor decided to pursue a different business concept and open Asher & Rose Grocer, an upscale food market, farm-to-table restaurant, and catering service. The Debtor closed Piastra in late 2025 in order to complete a buildout and reopen as Asher & Rose Grocer in the same commercial space in January 2026. The buildout ran significantly over budget and once the Business opened, sales were much slower than anticipated. The Debtor turned to merchant cash advance loans to help it cover costs, but the debt service payments on the MCA loans only exacerbated the Debtor's problems, putting it in a position of being unable to afford its operating expenses. Accordingly, the Debtor was forced to file for bankruptcy relief to obtain the breathing room needed to reorganize its operations. After the Petition Date, the Business' revenue further decreased, and the Debtor was forced to substantially reduce the hours that the Business is operating. At this point, the Business is only open for special events and catering. After careful consideration, the Debtor decided to sell substantially all of its assets in order to maximize the value of its assets for creditors. The Debtor received some interest from prospective buyers, but ultimately decided to hire a broker to ensure that the Debtor was receiving the maximum possible purchase price for its assets. After substantial marketing efforts, the broker secured the Agreement with the Purchaser. The Debtor and Purchaser, Supakorn Thanasongtrakul, contemplate a sale effectuated under Sections 105, 363, and 365 of the Bankruptcy Code, free and clear of all liens, claims and encumbrances. The sale price pursuant to the Agreement is $125,000.00. The sale of Purchased Assets is to be free and clear of any and all liens, claims, interests and encumbrances, with these to attach to the net proceeds generated from the sale of the Purchased Assets to the extent valid, perfected and enforceable. The Debtor will consider all higher and better offers that are received prior to the Sale, however the Debtor’s cash position is quickly diminishing, and the Debtor must act quickly to avoid having to close its doors altogether. The Purchaser will assume all obligations that arise after the closing date under the Assigned Lease for which the Purchaser accepts an assignment. The Debtor believes that approval of the proposed sale of Purchased Assets to the Purchaser comports with Section 363(f)(2) of the Bankruptcy Code in that all creditors asserting valid interests in and against Purchased Assets will consent to the transaction. The Debtor anticipates that the Purchaser will meet the qualifications for designation as a good faith purchaser. About The Plates Restaurant LLC The Plates Restaurant, LLC operates an upscale grocery, farm-to-table restaurant, and catering concept known as Asher & Rose Grocer. It conducts business under the name Asher & Rose Grocer. Plates Restaurant sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ga. Case No. 26-56170) on May 7, 2026, with $100,001 to $500,000 in assets and $500,001 to $1 million in liabilities. Greg Lipman, chef, manager and authorized agent, signed the petition. Judge Lisa Ritchey Craig oversees the case. William Rountree, Esq., at Rountree, Leitman, Klein & Geer, LLC, represents the Debtor as legal counsel. PNP LLC: Gets Interim OK to Use Cash Collateral ----------------------------------------------- PNP, LLC received interim approval from the U.S. Bankruptcy Court for the District of Colorado to use cash collateral. Under the interim order, the Debtor is authorized to use cash collateral in accordance with its operating budget, subject to a 15% variance. As of the bankruptcy filing date, the Debtor held only $5,338 in cash and bank accounts, making continued access to operating funds essential. The Debtor generates revenue through its catering and gelato business. The U.S. Small Business Administration, the Debtor's principal secured creditor, holds a secured claim totaling $98,857, supported by a UCC-1 financing statement filed with the Colorado Secretary of State in June 2020. In addition to the SBA, several merchant cash advance lenders including FORA Financial, IOU Central Inc., and ODK Capital LLC may assert security interests in the Debtor's cash and related assets. However, the Debtor disputes the secured status of these obligations and has listed them as unsecured in its bankruptcy schedules because the value of the collateral is insufficient to secure the claim. Moreover, some of the UCC financing statements filed by the MCA lenders do not clearly identify the secured creditor, making it impossible to determine their relative lien priorities. Pursuant to the interim order, the SBA and other secured creditors will be granted adequate protection through replacement liens on post-petition inventory and income, with the same relative priority as their pre-petition liens. In addition, the SBA will receive monthly payments of $308.96 beginning this month. This payment represents interest at the contractual rate of 3.75% per annum on the secured portion of the SBA's claim. Additional safeguards include maintaining insurance coverage on the collateral, keeping the Debtor's assets in good repair, and providing monthly financial reporting. The interim order reserves all secured creditors' rights regarding their claims and lien positions. The order is available at http://bankrupt.com/misc/PNPLLC_ICCOrder44.pdf A final hearing is scheduled for July 27. About PNP LLC PNP, LLC operates a catering business in Northern Colorado. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Colo. Case No. 26-14493) on June 22, 2026. In the petition signed by Paul Pellegrino, member and manager, the Debtor disclosed up to $500,000 in assets and up to $1 million in liabilities. Judge Thomas B. McNamara oversees the case. Payton L. Buhler, Esq., at Bell, Gould, Linder & Scott P.C., represents the Debtor as legal counsel. PNP LLC: Seeks Approval to Tap Wych Tax & Accounting as Accountant ------------------------------------------------------------------ PNP, LLC seeks approval from the U.S. Bankruptcy Court for the District of Colorado to employ Wych Tax & Accounting LLC as accountant. The firm's services include: (a) prepare the necessary financial reports as required by the Bankruptcy Code for the Debtor's compliance in this case; (b) prepare any and all necessary tax documents for the Debtor; (c) perform all other accounting services for the Debtor which may be necessary herein. Anthony Wych, CPA, will be paid at his hourly rate of $290. Mr. Wych disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Anthony Wych Wych Tax & Accounting LLC 2120 S. College Ave., Suite 4 Fort Collins, CO 80525 Telephone: (970) 223-0792 Email: info@wychtax.com About PNP, LLC PNP, LLC is a Fort Collins, Colorado-based catering and special food services company operating under the trade names Northern Colorado Catering and Gelato & aMore. The company provides full-service catering for weddings, corporate events, and private functions, while also operating retail gelato locations from two facilities in Fort Collins. Historically, the business has served the Northern Colorado catering market since at least 2012 and previously managed event planning services at the University of Northern Colorado before consolidating operations in Fort Collins. PNP, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-14493) on June 22, 2026. In its petition, the Debtor reports estimated assets of $100,000 to $500,000 and estimated liabilities of $500,000 to $1 million. Honorable Thomas B. McNamara handles the case. The Debtor is represented by Payton Buhler, Esq. of Bell, Gould, Linder, & Scott, P.C. POLAR POWER: Issues $275,000 Convertible Note to Mayers Ventures ---------------------------------------------------------------- Polar Power, Inc., issued a $275,000 convertible promissory note to Mayers Ventures LLC, according to a Form 8-K filed with the Securities and Exchange Commission. The June 30, 2026, note was issued for a $250,000 consideration price, bears 10% annual interest and matures Dec. 30, 2027. Mayers may convert unpaid principal and accrued interest into common shares at 90% of the lowest daily volume-weighted average price over the seven trading days ending on the conversion notice date, subject to a floor price while the stock is listed on a national securities exchange. Polar also agreed to include shares issuable on conversion as registrable securities in a registration rights agreement tied to a financing. The filing said Mayers has the right to designate one person for appointment or election to the board. About Polar Power Polar Power, Inc. designs, manufactures and sells direct-current power generators, renewable energy systems and cooling systems. The company's products are used primarily in telecommunications applications, and also serve military, electric vehicle, marine and industrial markets. Its systems provide prime, mobile, backup and battery-charging power, including diesel, natural gas, propane and solar-hybrid configurations from 5 kilowatts to 50 kilowatts. In an audit report dated April 15, 2026, Weinberg & Company, P.A., included a going-concern paragraph, citing 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, Polar Power reported total assets of $11.45 million, total liabilities of $9.06 million and total stockholders' equity of $2.39 million. PRECIOUS HEARTS: Francis Brennan Named Subchapter V Trustee ----------------------------------------------------------- The U.S. Trustee for Region 2 appointed Francis Brennan, Esq., at Whiteman Osterman & Hanna, LLP as Subchapter V trustee for Precious Hearts Child Center, LLC. Mr. Brennan will be paid an hourly fee of $525 for his services as Subchapter V trustee and will be reimbursed for work-related expenses incurred. Mr. Brennan declared that he is a disinterested person according to Section 101(14) of the Bankruptcy Code. The Subchapter V trustee can be reached at: Francis Brennan, Esq. Whiteman Osterman & Hanna LLP 80 State Street, 11th Floor Albany, NY 12207 Phone: (518) 487-7600 Email: fbrennan@woh.com About Precious Hearts Child Center LLC Precious Hearts Child Center LLC is a Cohoes, New York-based child day care services provider. The company previously operated a licensed childcare facility with capacity for 44 children, offering preschool and early childhood education services. Precious Hearts Child Center sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D.N.Y. Case No. 26-10716) on June 30, 2026. In its petition, the Debtor reports estimated assets of between $50,000 and $100,000 and estimated liabilities of between $100,000 and $500,000. Honorable Bankruptcy Judge Patrick G. Radel handles the case. The Debtor is represented by Michael Leo Boyle, Esq., at Boyle Legal, LLC. PREMIUM EDGE: Hires Blueprint Healthcare as Real Estate Broker -------------------------------------------------------------- Premium Edge, LLC seeks approval from the U.S. Bankruptcy Court for the Middle District of Florida to hire Blueprint Healthcare Real Estate Advisors LLC as its real estate broker. The firm will perform services related to the marketing and potential sale of that certain senior living community known as Alura Senior Living, located at 777 Roy Wall Blvd, Rockledge, Florida 32955. Blueprint seeks a broker commission in the amount equal to 1% of the purchase price up to $50,000,000, plus 5% for every dollar above $50,000,000. As disclosed in the court filings, Blueprint is a "disinterested person," as that term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Adriana Dall'Armellina Blueprint Healthcare Real Estate Advisors LLC 191 N Wacker. Suite 1600 Chicago, IL 60068 Phone: (312) 300-7959 Email: adrianadall@icloud.com About Premium Edge LLC Premium Edge, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 6:26-bk-04017-TPG) on May 29, 2026. In the petition signed by Adriana Dall'Armellina, manager, the Debtor disclosed up to $100 million in assets and up to $50 million in liabilities. Judge Tiffany P. Geyer oversees the case. Michael L. Schuster, Esq., at Polsinelli PC, represents the Debtor as legal counsel. PREMIUM EDGE: Hires Polsinelli PC as Bankruptcy Counsel ------------------------------------------------------- Premium Edge, LLC seeks approval from the U.S. Bankruptcy Court for the Middle District of Florida to hire Polsinelli PC as bankruptcy counsel. The firm will provide these services: (a) taking all necessary action to protect and preserve the Debtor's estate, including the negotiation of claims and disputes in which the Debtor is involved, the prosecution of actions on the Debtor's behalf, the defense of any actions commenced against the Debtor, and the adjudication of claims filed against the Debtor's estate; (b) providing legal advice with respect to the Debtor's powers and duties as a debtor in possession in the continued operation of its business; (c) preparing on behalf of the Debtor, as a debtor in possession, necessary motions, applications, answers, orders, reports, and other legal papers in connection with the administration of the Debtor's estate; (d) assisting with any disposition of the Debtor's assets, by sale or otherwise; (e) taking all necessary or appropriate actions in connection with any plan of reorganization and related disclosure statement and all related documents, and such further actions as may be required in connection with the administration of the Debtor's estate; (f) appearing in court and protecting the interests of the Debtor before this Court; (g) reviewing all pleadings filed in the Chapter 11 Case; and (h) performing all other legal services in connection with the Chapter 11 Case as may reasonably be required. The current hourly rates for the attorneys at Polsinelli are: David E. Gordon, Shareholder $1,160 Michael L. Schuster, Counsel $870 Ashley D. Champion, Associate $740 Tanya Behnam, Associate $770 Trista Backus, Paralegal $400 Polsinelli PC received a retainer in the amount of $200,000 and will be reimbursed for actual and necessary expenses. Polsinelli PC is a "disinterested person" as defined in the Bankruptcy Code, and does not hold or represent any interest or connection adverse to the Debtor, the estate, creditors, any other party in interest, or their respective attorneys or accountants, according to court filings. The firm can be reached at: David E. Gordon, Esq. POLSINELLI PC 1201 West Peachtree Street NW, Suite 1100 Atlanta, GA 30309 Telephone: (404) 253-6000 Facsimile: (404) 253-6060 E-mail: dgordon@polsinelli.com About Premium Edge LLC Premium Edge, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 6:26-bk-04017-TPG) on May 29, 2026. In the petition signed by Adriana Dall'Armellina, manager, the Debtor disclosed up to $100 million in assets and up to $50 million in liabilities. Judge Tiffany P. Geyer oversees the case. Michael L. Schuster, Esq., at Polsinelli PC, represents the Debtor as legal counsel. PROFESSIONAL DIVERSITY: MEB Holding Acquires NAPW and IAW for $150K ------------------------------------------------------------------- Professional Diversity Network, Inc. announced in a regulatory filing that it entered into a Stock Purchase Agreement with MEB Holding LLC, a limited liability company organized and existing under the laws of the Commonwealth of Massachusetts with its principal place of business in the Commonwealth of Massachusetts. Professional Diversity, as the Seller, owns 100% of the outstanding and issued shares of common stock of, both, NAPW, Inc., a Delaware corporation and IAW, Inc., a Delaware corporation. Pursuant to the SPA, the Seller agreed to sell, transfer and assign to the Buyer and the Buyer agreed to purchase all the Seller's right, title and interest in and to the Shares, at an aggregate purchase price of US$150,000.00. The board of directors of the Seller approved the Transaction on July 2, 2026. Pursuant to the SPA, the parties agreed that the Transaction would be effective for accounting and economic purposes as of June 30. The Transaction closed on July 3, 2026, upon the Buyer's payment of the purchase price as contemplated by the SPA. A full text copy of the SPA is available at https://tinyurl.com/52y2wu43 About Professional Diversity Professional Diversity Network, Inc., headquartered in Chicago, Illinois, operates online and in-person professional networks with a focus on diversity, employment, and career development. The Company serves women, ethnic minorities, military professionals, persons with disabilities, LGBTQ+ individuals, and students transitioning into the workforce through its technology platform. It runs three business segments: TalentAlly Network, which provides job-seeking communities and career resources for diverse groups and employers; NAPW Network, a women-only professional networking organization; and RemoteMore, a service connecting global companies with software developers. Hong Kong-based SR CPA & Co., the Company's auditor since 2025, 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 has incurred recurring operating losses, has a significant accumulated deficit, and will need to raise additional funds to meet its obligations and the costs of 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 $17.53 million in total assets, $4.18 million in total liabilities, and $13.35 million in total stockholders' equity. PURPLE INNOVATION: Stockholders Back Reverse Split Plan ------------------------------------------------------- Purple Innovation, Inc., stockholders approved a reverse stock split proposal at a July 2 special meeting, according to a Form 8-K filed with the Securities and Exchange Commission. The proposal authorizes a reverse split of the company's Class A and Class B common stock at a ratio ranging from 1-for-10 to 1-for-30, with the final ratio to be determined by the board. The reverse split proposal received 88,192,268 votes for, 3,151,908 against, 3,099 abstentions and 1 broker non-vote. Stockholders also approved a proposal to adjourn or postpone the meeting to solicit additional proxies if needed. Purple also said it amended Chief Executive Officer Robert T. DeMartini's offer letter July 4. The amendment makes him eligible for an incremental $1 million cash bonus that vests in three installments through June 30, 2027, subject to continued employment and other restrictions. About Purple Innovation, Inc. Purple Innovation, Inc. is a sleep and comfort products company built around its proprietary Hyper-Elastic Polymer gel technology. The company sells mattresses, pillows, cushions, bases, sheets and related comfort products through a direct-to-consumer channel, company showrooms, wholesale relationships and online marketplaces. The company operated 55 Purple showrooms in the United States as of Dec. 31, 2025, and uses integrated design, development and manufacturing capabilities. In an audit report dated March 31, 2026, BDO USA, P.C. included a going-concern paragraph, citing a history of recurring net losses and cash used in operations, an accumulated deficit and access to additional capital being outside the company's control. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, Purple Innovation, Inc., reported total assets of $272.0 million, total liabilities of $332.1 million, and a total stockholders' deficit of $60.14 million. QUINCY HEALTH: S&P Raises ICR to 'CCC-' on Distressed Amendment --------------------------------------------------------------- S&P Global Ratings raised its issuer credit rating on Quincy Health LLC to 'CCC-' from 'SD' (selective default) with a negative outlook. S&P also upgraded its term loan to 'CCC-' from 'D'. The exit asset-based lending facility (unrated) and delayed-draw term loans are unaffected. S&P's negative outlook reflects its expectation that the company will complete the transformation into a not-for-profit entity before the end of the year and there is a substantial risk that upon completion investors will not be repaid in full. S&P said, "We completed our review of Quincy Health LLC, operator of 11 rural hospitals, following its recently disclosed credit agreement amendment, which we viewed as a selective default. Given the strong likelihood that lenders will receive less than the original promise from Quincy's pending acquisition by a not-for-profit entity, we believe there is substantial risk of a payment default. "Should it not complete the transition, weak liquidity and our view that the company would not be able to successfully refinance ahead of its term loan maturity in 2028 increases default risk. "Our 'CCC-' rating reflects potential for a default or distressed exchange within six months. Quincy announced a pending deal with Healthside Partners in which it will transition into a not-for-profit health system. The transaction would be structured as an asset transfer, which we expect to be completed before the end of the year. While we do not know the details, we believe investors will not be repaid in full. "Should this transaction not be completed, we believe Quincy cannot support its debt given minimal free cash flow and weak liquidity that consists of $19.8 million cash and $200,000 of ABL availability as of March 31, 2026. We believe another default or distressed exchange would occur well ahead of its debt maturity in 2028. "Our negative outlook reflects our expectation that Quincy will complete its transformation into a not-for-profit entity before the end of the year with substantial risk that upon completion investors will not be repaid in full." S&P could lower the rating if Quincy: -- Does not meet the cash portion of its upcoming cash interest obligations (part of the July payment is payment-in-kind as part of its most recent amendment); or -- Completes its transition to not-for-profit and does not repay investors in full. S&P could raise the rating on Quincy if: -- It does not complete the transformation into a not-for-profit entity, substantially improves cash flow and liquidity; and -- S&P believes it can successfully refinance its debt. QUORUM HEALTH: Moody's Appends 'LD' Designation to 'Ca-PD' PDR -------------------------------------------------------------- Moody's Ratings appended a limited default ("/LD") designation to Quorum Health Corporation's ("Quorum Health") Ca-PD Probability of Default Rating changing it to Ca-PD/LD from Ca-PD. There is no change to the company's Ca Corporate Family Rating, senior secured term loan rating of Ca, senior secured delayed draw term loan (A and B) ratings of Caa1, and the stable outlook. The /LD designation appended to the PDR will be removed in three business days. During the extended grace period of the April 2026 interest payment, Quorum Health amended its senior secured term loan credit agreement in May, which allowed the company to pay material portions of interest due in April 2026 and July 2026 in-kind (PIK) rather than in cash. The amendment provides for cash payment of paid in-kind interest on or after September 30, 2027. Moody's views the company's failure to pay full interest in cash in a timely manner, in accordance with the terms of the original credit agreement, as a limited default under Moody's definition. Quorum Health's Ca Corporate Family Rating reflects Moody's views that the company's probability of default is very high over the near term. Moody's expects that Quorum health will continue to burn cash in 2026. The rating also reflects Quorum's concentration of profits in a few markets and cash flow volatility created by ongoing business reorganization. The Ca Corporate Family Rating is supported by the availability of hospital assets that can be sold to generate cash. Quorum Health Corporation is an operator and manager of hospitals and outpatient services in non-urban areas of the US. As of Mach 31, 2026, the company operated 12 hospitals in rural and mid-sized markets in 9 states. Revenue for the 12 months ended on March 31, 2026, was approximately $1.25 billion. REMEDIUM PHARMACY: Commences Chapter 11 Bankruptcy in Massachusetts ------------------------------------------------------------------- On July 6, 2026, Remedium Pharmacy, LLC filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Massachusetts. According to the court filing, the debtor reports between $1,000,001 and $10 million in estimated liabilities owed to 50 to 99 creditors. A telephonic meeting of creditors under Section 341(a) to be held on August 3, 2026 at 01:30 PM Meeting of Creditors: Dial-in Number: 888-330-1716 Participant Code: 1093908. For International Call Information Please Contact the Trustee. (202) 306-3815. About Remedium Pharmacy, LLC Remedium Pharmacy, LLC is a Massachusetts-based pharmacy that provides prescription medications, pharmaceutical services, and patient care solutions to individuals and healthcare providers. Remedium Pharmacy, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-40803) on July 6, 2026. In its petition, the debtor reported estimated assets of $1,000,001 to $10 million and estimated liabilities of $1,000,001 to $10 million. The debtor is represented by David P. Primack, Esq., of Manning Gross & Massenburg LLP. RENPRO LLC: Gets Extension to Access Cash Collateral ---------------------------------------------------- The U.S. Bankruptcy Court for the Northern District of New York is set to hold a hearing on July 15 to consider extending Renpro, LLC's authority to use cash collateral. The Debtor is currently authorized to use cash collateral under the court's July 1 fourth interim order, which remains effective until the July 15 hearing. Under the fourth interim order, the Debtor is authorized to use cash collateral in accordance with the court-approved budget. The order granted adequate protection to secured creditors including Wilmington Savings Fund Society, FSB, acting as trustee for Residential Mortgage Aggregation Trust, and RBLF Funding Trust, through continuing rollover liens on and security interests in their collateral. It also approved monthly payments of $5,000 each to Wilmington Savings Fund Society and RBLF. A copy of the court's order is available at https://shorturl.at/cAlnz 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) 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. RENX ENTERPRISES: Burnham Resigns Board, Takes M&A Role ------------------------------------------------------- RenX Enterprises Corp. director James D. Burnham resigned from the board and entered an employment agreement to serve as director of growth and M&A, according to a Form 8-K filed with the Securities and Exchange Commission. Burnham's board resignation was effective July 1, 2026. The company said the resignation was not related to any disagreement with RenX over operations, policies or practices. His employment agreement has an initial one-year term and provides a $275,000 annual base salary. He is also eligible for a discretionary bonus of up to 15% of base salary. Burnham previously provided services to RenX through JDB Consulting Services Inc. under a June 2, 2025, amended and restated consulting agreement, which terminates as of the effective date of the employment agreement. About RenX Enterprises Corp. RenX Enterprises Corp., formerly Safe and Green Development Corporation, was formed to develop real estate properties using purpose-built prefabricated modules made from wood and steel. The company historically focused on land acquisition, entitlement and development of residential properties in high-growth U.S. markets. The company also pursued real estate-related artificial intelligence investments and joint ventures before shifting its business focus. In an audit report dated March 31, 2026, M&K CPAS, PLLC, included a going-concern paragraph, citing net losses from operations and a net capital deficiency. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, RenX Enterprises reported total assets of $35.73 million, total liabilities of $34.49 million, and total stockholders' equity of $1.24 million. RHINOGRAM INC: Seeks to Hire GGG Partners as Financial Advisor -------------------------------------------------------------- Rhinogram, Inc. seeks approval from the U.S. Bankruptcy Court for the Eastern District of Tennessee to employ GGG Partners, LLC as financial advisor. The firm will render these services: (a) evaluate strategic alternatives and sale structures; (b) prepare marketing materials and conduct a marketing process; (c) contact potential buyers and manage due diligence; (d) assist in negotiation of stalking-horse bids and bid protections; (e) advise on auction procedures and competitive bidding; (f) provide testimony, declarations, or reports as needed; (g) assist in closing the section 363 sale transaction; (h) as needed, advise the Debtor with respect to finances and guide it in making sound financial decisions for its operations in order to further its ability to continue its operations and to comply with the rules of the Court; (i) as needed, prepare financial documents for the Debtor's edification and use in making sound financial decisions, and other documents as necessary for the success of its Chapter 11 case; and (j) as needed, provide financial advice to the Debtor in negotiation with its creditors. The Debtor will compensate GGG Partners on an interim basis by paying 80 percent of the fees and 100 percent of the expenses reflected in GGG Partners' monthly statements. David Walker, a partner at GGG Partners, 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 Walker GGG Partners, LLC 2870 Peachtree Rd., Suite 502 Atlanta, GA 30305 Telephone: (404) 256-0003 Facsimile: (404) 256-4555 Email: Info@GGGPartners.com About Rhinogram Inc. Rhinogram, Inc., a company based in Chattanooga, Tennessee, provides a cloud-based patient engagement and virtual care platform that enables health-care providers, patients and office administrators to communicate through HIPAA-compliant SMS/MMS messaging, video interactions, encrypted phone calls, e-forms, appointment reminders and contactless payment tools. Founded in 2017 by Dr. Keith Dressler, the company serves medical, dental, behavioral health, community health, specialty care and health-system customers, with its platform integrating with EHR and practice-management systems to support patient communications and clinical workflows. Rhinogram sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D. Tenn. Case No. 26-111990) on May 5, 2026. In the petition signed by Keith Dressler, chairman, the Debtor disclosed up to $50,000 in assets and up to $50 million in liabilities. Judge Nicholas W. Whittenburg oversees the case. The Debtor tapped W. Thomas Bible, Jr., Esq., at Tom Bible Law as counsel and GGG Partners, LLC as financial advisor. ROLLING GREENS: Seeks to Hire Keegan Linscott as Financial Advisor ------------------------------------------------------------------ Rolling Greens Nursery, Inc. seeks approval from the U.S. Bankruptcy Court for the Central District of California to employ Keegan Linscott & Associates, PC as financial advisor. The firm's services include: (a) perform a review of the Debtor information; (b) prepare required financial reports and analyses for the Debtor's management and other professionals, creditors and other stakeholders; (c) prepare and assist the Debtor with the preparation of reporting required to maintain compliance with the requirements of the Bankruptcy Court and the Office of the United States Trustee; (d) assist the Debtor in the development of financial strategies with respect to its restructuring and reorganization or other strategic alternatives with respect to it; and (e) assist the Debtor in reviewing and analyzing proposals for its restructuring and reorganization. The firm's hourly rates are as follows: Christopher Linscott, CPA $425 Sean Finn, Supervisor $175 Laura Carrera, Paraprofessional $125 On or about April 29, 2026, the firm received a total retainer of $40,000 from the Debtor. Mr. Linscott disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Christopher G. Linscott, CPA Keegan Linscott & Associates, PC 3443 N. Campbell Ave., Suite 115 Tucson, AZ 85719 Telephone: (520) 884-0176 About Rolling Greens Nursery Inc. Rolling Greens Nursery, Inc. is a Commerce, California-based retail nursery and lifestyle company specializing in plants, home decor, and landscape design services. Rolling Greens Nursery filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. C.D. Cal. Case No. 26-14978) on May 20, 2026, with assets of between $1 million and $10 million and liabilities of between $10 million and $50 million. Laurie Resnick, co-chief executive officer and director, signed the petition. Judge Neil W. Bason oversees the case. The Debtor tapped David B. Zoklin, Esq., at Weintraub Zolkin Talerico & Selth LLP as counsel and Keegan Linscott & Associates, PC as financial advisor. ROOTED ENTERPRISE: Gets Interim OK to Use Cash Collateral --------------------------------------------------------- The U.S. Bankruptcy Court for the Southern District of Texas, Houston Division, entered an interim order authorizing Rooted Enterprise, LLC to use cash collateral. Under the interim order, the Debtor is required to make monthly payments of $15,000 to Prosperity Bank as adequate protection for the use of its cash collateral and to keep its real property insured. Failure to make the monthly payments will result in relief from the automatic stay, allowing Prosperity Bank to pursue legal remedies. In addition, the Debtor may pay bank charges and U.S. Trustee fees. No other expenditures are authorized. The Debtor originally proposed a monthly payment of $13,137 while Prosperity Bank sought adequate protection through a full payment of the rental as provided by the lease between the Debtor and its tenant Peas in a Pod Learning Center, LLC, a childcare center. While the court concluded that the tenant's financial distress makes full rental payments to the Debtor unrealistic, it increased the Debtor's monthly adequate protection payment to Prosperity Bank to $15,000. The court scheduled a further hearing for Aug. 10 and directed the Debtor to file its July 2026 operating report by Aug. 7 while encouraging the Debtor to promptly pursue either a property sale or a Chapter 11 plan of reorganization. The order is available at http://bankrupt.com/misc/RootedEnterprise_ICCOrder35.pdf About Rooted Enterprise LLC Rooted Enterprise LLC is a limited liability company engaged in commercial and operational business activities in Texas. Rooted Enterprise LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-33356) on May 11, 2026. In its petition, the Debtor reported estimated assets between $1 million and $10 million and estimated liabilities between $1 million and $10 million. Honorable Bankruptcy Judge Jeffrey P. Norman handles the case. The Debtor is represented by Elyse M. Farrow, Esq. and Melissa Anne Haselden, Esq. of Haselden Farrow PLLC. RYAN LLC: Moody's Rates New EUR400MM First Lien Term Loan 'B3' -------------------------------------------------------------- Moody's Ratings assigned a B3 rating to Ryan, LLC's (Ryan) proposed senior secured first-lien EUR400 million term loan due 2032. Ryan is a Plano, Texas based provider of tax services and software. In June, Ryan announced that it will acquire Svalner Atlas Advisors (Svalner) for approximately $475 million. The net proceeds from the proposed Euro term loan, along with cash and roll-over equity from Svalner's owners, will be used to purchase Svalner and refinance existing debt. Svalner is a tax and transaction advisory firm headquartered in Stockholm, with offices across the Nordics and Benelux regions. "Moody's had anticipated that Ryan might resume debt-funded acquisitions once the Altus Tax carve-out was completed and integrated, so there is no change to the B3 ratings following the Svalner acquisition and proposed term loan to fund it," said Edmond DeForest, Moody's Ratings Senior Vice President. RATINGS RATIONALE The B3 corporate family rating (CFR) reflects its aggressive financial strategies, including debt-funded acquisitions and shareholder returns. Moody's expects high debt/EBITDA of over 6x for the twelve months ended March 31, 2026, pro forma for the announced acquisition and proposed financing, to decline to around 5.5x in 2027 through mid-single-digits percentage range revenue growth, already strong EBITDA margins expanding to over 24% and required debt repayment, barring further acquisitions. However, given the several acquisitions and 2024 shareholder distribution the rating reflects Moody's anticipations of further debt-funded acquisitions and dividends if the company achieves its operating goals. All financial metrics cited reflect Moody's standard adjustments. Support to the credit profile is provided by the company's strong position in the specialty tax service industry, mostly in the US, its diverse customer base servicing a broad range of end markets, including new markets and clients from the Svalner and other acquisitions, and Moody's expectations for strong demand growth in the corporate tax advisory sector. Moody's expects interest coverage as measured by EBITDA less capital expenditures to interest expense will remain about 2x and at least $30 million of annual free cash flow (before transaction-related fees and expenses) over the next 12 to 18 months. The company's credit facilities are rated B3, the same as the B3 CFR, reflecting the predominance of the credit facilities in Ryan's debt capital structure. The facilities are secured by a first-lien pledge of substantially all of the company's domestic assets, 65% of the stock of direct foreign subsidiaries. Marketing terms for the proposed credit facilities largely mirror the terms of the existing credit facilities, and include the following: incremental pari passu debt capacity up to the greater of closing date EBITDA and 100% of pro forma adjusted trailed twelve month EBITDA, plus unlimited amounts subject to a maximum first-lien net leverage ratio of 4.01x (or leverage neutral incurrence). A "blocker" provision restricts the transfer of material intellectual property to unrestricted subsidiaries. The credit agreement is expected to provide some limitations on up-tiering transactions, requiring affected lender consent for amendments that contractually subordinate the debt or liens unless such lenders can ratably participate in such priming debt. Moody's considers Ryan's liquidity profile as good, reflecting the large and largely available $400 million revolver. The company had $102 million of cash as of March 31, 2026 and Moody's anticipates will generate at least $30 million of annual free cash flow (before transaction-related uses) over the next 12 to 15 months. Working capital volatility associated with the uncertain timing of receipt of performance-based fees could lead to negative cash flow in one or more fiscal quarters. The term loans require 1% annual principal amortization, paid quarterly. There are no financial covenants applicable to the term loans. Access to the revolver is conditioned upon compliance with a maximum 7.6x senior secured first lien net leverage ratio (as defined in the facility agreement) when revolver drawings exceed 40% of the total revolver amount. Moody's expects that Ryan would be well within compliance if the covenant is tested over the next 12 to 15 months. FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATING The ratings could be upgraded if Moody's expects: 1) sustained organic revenue growth and free cash flow; 2) debt/EBITDA will be maintained around 5x; and 3) Ryan will maintain a good liquidity profile. The ratings could be downgraded if Moody's expects: 1) revenue growth will slow or profitability rates will contract, evidencing a loss of market share or growth in competition; 2) debt/EBITDA will be sustained above 6x; 3) EBITDA less capital expenditures/interest will remain below 1.25x; or 4) liquidity deteriorates. The principal methodology used in this rating was Business and Consumer Services published in February 2026. Ryan, owned by its employees (about 34%), Neuberger Berman (about 25%), Onex Partners (about 21%), Ares Private Equity Group (about 18%), and other shareholders, is a global provider of tax services and software, with its largest tax practice located in the United States. In March 2026, Neuberger Berman and affiliated entities invested approximately $1.3 billion for its stake, valuing Ryan at about $7 billion. Moody's expects 2027 revenue of over $2 billion. SANCHO LOCO: Has Deal on Cash Collateral Access ----------------------------------------------- Sancho Loco, Inc. asks the U.S. Bankruptcy Court for the Central District of California, Northern Division, for authority to use cash collateral and provide adequate protection, in accordance with its agreement with the U.S. Small Business Administration. This request follows two previously approved cash collateral agreements. The first stipulation was executed on December 23, 2025, immediately after the bankruptcy filing and was approved by the court on January 16, 2026. A second stipulation was entered into on March 11, 2026, approved on April 9, 2026, and governed the Debtor's use of cash collateral during the following interim period. According to the Debtor, it fully complied with the obligations imposed under the second stipulation, including making all required monthly adequate protection payments to the SBA through June 2026. The Debtor therefore seeks approval of a third agreement to ensure uninterrupted operations during the next three-month period. The Debtor reiterates its position regarding secured claims against the estate. It acknowledges that the SBA holds the senior security interest in its personal property collateral and related cash collateral. Although other creditors may claim junior liens, the Debtor maintains that these junior lienholders are entirely unsecured because the value of the Debtor's assets is insufficient to provide collateral value beyond the SBA's first-priority claim. Consequently, the Debtor believes the SBA is the only creditor whose consent is legally required for continued use of the cash collateral. Under the proposed Third Stipulation, the SBA expressly consents to the Debtor's continued use of all cash collateral from July 1 through September 30, 2026. During this interim period, the Debtor will be authorized to use the cash collateral solely for ordinary and necessary business expenses consistent with its projected monthly cash flow budget attached to the stipulation. The budget is intended to fund the ongoing operation of the debtor's restaurant business, allowing it to continue purchasing inventory, paying employees, meeting occupancy costs, maintaining insurance, and covering other routine operating expenses necessary to preserve the business as a going concern. As consideration for the continued use of cash collateral, the Debtor agrees to provide the SBA with several forms of adequate protection. The Debtor will make monthly adequate protection payments of $1,000, payable no later than the fifteenth day of each month. Payments must identify the SBA loan number and may be made by mail, wire transfer, or through the SBA's online MySBA payment portal. The stipulation also clarifies that any routine monthly billing statements sent by the SBA are informational only and do not constitute violations of the automatic stay. The agreement further grants the SBA a super-priority administrative expense claim under 11 U.S.C. Sections 503(b) and 507(b). This super-priority claim is limited to any actual diminution in the value of the SBA's collateral resulting from the debtor's post-petition use of cash collateral. In addition, effective retroactively to the bankruptcy petition date, the SBA receives a replacement lien on all post-petition revenues generated by the debtor. The replacement lien maintains the same priority, validity, and enforceability as the SBA's prepetition liens, but only to the extent necessary to compensate for any decline in the value of the SBA's collateral caused by the Debtor's use of cash collateral. The stipulation also imposes several operational restrictions and obligations on the Debtor. Sancho Loco agrees not to use cash collateral to make payments to insiders unless it first complies with all applicable provisions of the Bankruptcy Code, Local Bankruptcy Rule 2014, and the United States Trustee's guidelines governing insider compensation. The Debtor must continue maintaining insurance covering the personal property collateral and designate the SBA as a loss payee or additional insured in accordance with the underlying loan documents. A copy of the motion is available at https://urlcurt.com/u?l=fVsELg from PacerMonitor.com. A hearing on the matter is set for July 28, at 10 a.m. About Sancho Loco Inc. Sancho Loco, Inc., was formed for the purpose of operating a restaurant in Newbury, CA. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Calif. Case No. 25-11740) on Dec. 22, 2025, listing up to $50,000 in assets and $500,001 to $1 million in liabilities. Judge Ronald A. Clifford III presides over the case. Matthew D. Resnik, at Rhm Law LLP, is the Debtor's bankruptcy counsel. SANGAMO THERAPEUTICS: Orrick & Morris Advise Ad Hoc Equity Holders ------------------------------------------------------------------ In the Chapter 11 bankruptcy cases of Sangamo Therapeutics, Inc. and its debtor-affiliates, Orrick, Herrington & Sutcliffe LLP and Morris James LLP filed with the United States Bankruptcy Court for the District of Delaware a Verified Statement pursuant to Bankruptcy Rule 2019 to inform the Court that both firms represent the Ad Hoc Group of Equity Holders. The Ad Hoc Group consists of these five members: -- Charlestown Jupiter Fund; -- Adam Gui, in his individual capacity; -- Kenneth Grossman PC Pension Plan; -- Irvin Schlussel, in his individual capacity; and (v) Perpetual Holdings, LLC. According to the Verified Statement: 1. The Ad Hoc Group retained Orrick as counsel and Morris James as Delaware co-counsel on July 6, 2026. 2. The disclosable economic interests held by the members of the Ad Hoc Group consist of equity securities, issued by the Debtor to the Ad Hoc Group members and the disclosed amounts are as of July 6, 2026, unless otherwise specified. 3. Nothing contained in this Verified Statement is intended or shall be construed as -- a waiver or release of any claims against the Debtor by the Ad Hoc Group or any of its members, -- an admission with respect to any fact or legal theory, -- a limitation upon, or a waiver of, any Ad Hoc Group member's rights to file and/or amend its claim(s) in accordance with applicable law and any orders entered in these Case, or -- a limitation or waiver of any other rights of the Ad Hoc Group or any of its members. 4. The information contained in this Verified Statement is intended only to comply with Bankruptcy Rule 2019 and is not submitted for any other purpose. 5. The information in this Verified Statement was provided by each member of the Ad Hoc Group to Counsel as of the date hereof. Counsel reserves the right to amend or supplement this Verified Statement. The name and address of each member of the Ad Hoc Group and each member's disclosable economic interests, as defined in Bankruptcy Rule 2019, in relation to the Debtor, are: 1. Charlestown Jupiter Fund 17 State Street, Suite 3811 New York, NY 10004 Amount of Equity Securities -- 4,100,000 shares 2. Adam Gui c/o Orrick, Herrington & Sutcliffe LLP 51 West 52nd Street New York, NY 10019-6142 Amount of Equity Securities -- 500,000 shares 3. Kenneth Grossman PC Pension Plan 18 Norfolk Road Great Neck, NY 11020 Amount of Equity Securities -- 400,000 shares 4. Irvin Schlussel 16980 Jenette Street Southfield, MI 48075 Amount of Equity Securities -- 180,000 shares 5. Perpetual Holdings, LLC 1600 Barton Springs Road, #5402 Austin, TX 78704 Amount of Equity Securities -- 1,000 Shares About Sangamo Therapeutics Inc. Sangamo Therapeutics Inc. is a biotechnology firm specializing in genome engineering and gene therapy research. It is best known for its zinc finger nuclease platform, which is designed to modify genes to treat inherited and rare diseases. Sangamo Therapeutics Inc. sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del. Case No. 26-10989) on June 23, 2026. In its petition, the Debtor estimated between $100 million and $500 million in both assets and liabilities. The Honorable Bankruptcy Judge Craig T. Goldblatt handles the case. The Debtor is represented by Cooley LLP as lead bankruptcy counsel and Richards, Layton & Finger, PA as Delaware bankruptcy counsel. MERU, LLC serves as the Debtor's financial advisor and Raymond James & Associates, Inc. is the investment banker. Kurtzman Carson Consultants LLC d/b/a Verita Global is the noticing and claims agent. Counsel to Sangamo Therapeutics, Inc. Ad Hoc Group of Equity Holders: Eric J. Monzo, Esq. Jason S. Levin, Esq. MORRIS JAMES LLP 3205 Avenue North Blvd., Suite 100 Wilmington, DE 19803 Tel: (302) 888-6800 Fax: (302) 571-1750 E-mail: emonzo@morrisjames.com jlevin@morrisjames.com - and - Mark Franke, Esq. Jacob R. Herz, Esq. ORRICK, HERRINGTON & SUTCLIFFE LLP 51 West 52nd Street New York, NY 10019-6142 Tel: (212) 506-5000 Fax: (212) 506-5151 E-mail: mfranke@orrick.com jherz@orrick.com SEA PALMS: Taps Campbell Law Firm PA as Bankruptcy Counsel ---------------------------------------------------------- Sea Palms Council of Co-Owners seeks approval from the U.S. Bankruptcy Court for the District of South Carolina to hire Campbell Law Firm, P.A. as its attorneys. The firm will be paid at these hourly rates: Kevin Campbell $500 Michael Conrady $450 Suzanne Campbell Chisholm $350 Staff $150 The firm received a retainer fee of $12,500. Campbell Law Firm, P.A. is a disinterested person as that term is defined by 11 U.S.C. Sec. 101(14), according to court filings. The firm can be reached through: Kevin Campbell, Esq. The Campbell Law Firm, P.A. 890 Johnnie Dodds Blvd. Mt. Pleasant, SC 29465 Phone: (843) 884-6874 Fax: (843) 884-0997 Email: kcampbell@campbell-law-firm.com About Sea Palms Council of Co-Owners The Sea Palms Condominium Council of Co-Owners is an unincorporated association of owners organized under the laws of South Carolina. The Association governs Sea Palms Condominium, a timeshare community located at 371-395 Sea Cloud Circle in Edisto Beach, South Carolina, with a principal place of business at #1 King Cotton Road. Created under a declaration dated September 24, 1984, the property consists of six buildings with 25 fully furnished units, each containing a full kitchen, along with common elements. Sea Palms Council of Co-Owners sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.S.C. Case No. 26-02880) on June 26, 2026, with $10,000,001 to $50 million in assets and $500,000,001 to $1 billion in liabilities. Judge L. Jefferson Davis IV presides over the case. Michael Conrady, Esq. at Campbell Law Firm, PA represents the Debtor as legal counsel. SEABREEZE ROOFING: Gets Interim OK to Use Cash Collateral --------------------------------------------------------- SeaBreeze Roofing & Sheet Metal, Incorporated received interim approval from the U.S. Bankruptcy Court for the Southern District of Florida, West Palm Beach Division, to use cash collateral. The court authorized the Debtor to use cash collateral through July 29 to pay ordinary and necessary operating expenses in accordance with its approved budget. The Debtor reported approximately $122,965 in accounts receivable, about $26,000 in cash on hand, and roughly $12,000 in tangible assets. The Debtor identifies six creditors asserting secured interests in its assets. The principal secured lenders are the U.S. Small Business Administration and Stone Bank, both of which have filed UCC financing statements. The SBA claims a security interest in the Debtor's deposit accounts and other accounts and is owed approximately $1,973,263, while Stone Bank asserts a security interest in the Debtor's accounts and accounts receivable and is owed approximately $66,000. Four additional entities -- Global Merchant Cash, Itria Ventures, Corporation Service Company (as representative), and Financial Agent Services -- are merchant cash advance lenders. Global Merchant Cash claims approximately $174,400, and Itria Ventures claims approximately $465,025, although the Debtor disputes these claims and any claims that may be asserted by the remaining merchant cash advance lenders. As adequate protection, the court granted post-petition replacement liens to the SBA, Stone Bank, Global Merchant Cash, Itria Ventures, Corporation Service Company, and Financial Agent Services. The replacement liens apply to the same categories of personal property that secured the creditors' pre-petition claims but exclude avoidance actions and any assets not subject to prepetition liens. The Debtor must also make monthly payments of $5,000 to the SBA and $2,700 to Stone Bank. The court scheduled a continued interim hearing for July 29. About Seabreeze Roofing & Sheet Metal, Incorporated Seabreeze Roofing & Sheet Metal, Incorporated is a Lantana, Florida-based roofing and sheet metal contractor serving residential and commercial customers throughout Palm Beach and North Broward counties. The company maintains active professional licenses for roofing, general contracting, and solar services. Seabreeze Roofing & Sheet Metal, Incorporated sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-18450) on June 26, 2026. In its petition, the Debtor reports estimated assets of $100,000 to $500,000 and estimated liabilities of $1 million to $10 million. Honorable Bankruptcy Judge Erik P. Kimball handles the case. The Debtor is represented by John E. Page, Esq. of Shraiberg Page, P.A. Linda Marie Leali appointed as Subchapter V Trustee. SIMAD HOLDINGS: Russell R. Johnson Represents Utility Companies --------------------------------------------------------------- In the Chapter 11 bankruptcy cases of SIMAD Holdings Ltd. and its debtor-affiliates, Russell R. Johnson III of Russell R. Johnson III, PLC filed with the United States Bankruptcy Court for the District of New Jersey a Verified Statement pursuant to Bankruptcy Rule 2019 to inform the Court that the law firm represents utility companies that continues to provide utility goods or services to the Debtors. These are: A. The Connecticut Light & Power Company Attn: Honor S. Heath, Esq. Eversource Energy 107 Selden Street Berlin, CT 06037 B. Jersey Central Power & Light Company Pennsylvania Electric Company Attn: Kathy Hofacre FirstEnergy Service Company 341 White Pond Drive Akron, OH 44320 C. New York State Electric & Gas Corporation Attn: Joseph Kopyer Bankruptcy Representative/Credit & Collections/Cirkwood General Office 18 Link Drive Binghamton, NY 13902 D. Orange & Rockland Utilities, Inc. Attn: Lucille Weppert 390 W. Route 59 Spring Valley, NY 10977 The Utilities have unsecured claims against the Debtors arising from prepetition utility usage: The Connecticut Light & Power Company d/b/a Eversource, Jersey Central Power & Light Company, Pennsylvania Electric Company, New York State Electric & Gas Corporation and Orange & Rockland Utilities, Inc. Russell R. Johnson III, PLC was retained to represent the Utilities in June 2026. The circumstances and terms and conditions of employment of the Firm by the Companies is protected by the attorney-client privilege and attorney work product doctrine. About SIMAD Holdings Ltd. SIMAD owns and operates a portfolio of 30-day and sleepaway summer camps located primarily in the eastern United States, including New Jersey, New York, Maine, and Pennsylvania. Operating in the summer camp sector since 2006, the company's camps generally run from June through August and enroll approximately 20,500 children annually. SIMAD's camps offer programs across sports, academics, arts, technology, and religion, with each camp separately branded and independently operated through its own management, staff, accounting, and operational infrastructure. SIMAD Holdings Ltd and its debtor-affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.N.J. Case No. 26-16388) on June 4, 2026. In their petitions, the Debtors reported estimated assets of $100 million to $500 million and estimated liabilities of $500 million to $1 billion. The petitions were signed by Assaf Ravid as chief restructuring officer. The Debtors' Restructuring & Bankruptcy Counsel is Cole Schotz P.C. Their financial advisor and investment banker is B. Riley Securities, Inc. The Debtors' claims and noticing agent is Kroll Restructuring Administration LLC. Co-Counsel for The Connecticut Light & Power Company d/b/a Eversource, Jersey Central Power & Light Company, Pennsylvania Electric Company, New York State Electric & Gas Corporation and Orange & Rockland Utilities, Inc.: Kyriaki Christodoulou, Esq. CULLEN AND DYKMAN LLP One Battery Park Plaza, 34111 Floor New York, NY 10004 Tel: (212) 701-4170 Fax: (212) 742-1219 E-mail:kchristodoulou@cullenlIp.com - and - Russell R. Johnson III, Esq. John M. Craig, Esq. Law Firm of Russell R. Johnson III, PLC 2258 Wheatlands Drive Manakin-Sabot, VA 23103 Tel: (804) 749-8861 E-mail: russell@russelliohnsonlawfirm.com john@russelljohnsonlawfirm.com SIMPLY INTERIOR: Aug. 8, 2026 General Claims Bar Date Set --------------------------------------------------------- On June 8, 2026, Simply Interior Homes, LLC (8509); Simply Interior Homes AcquisitionCo, LLC (9643); SIH Beckham Buyer, LLC (5210); SIH-HSD Holdings, LLC (5402); SIH-BB Holdings, LLC (2303); SIH-DMD Holdings, LLC (2411); and SIH-SR Holdings, LLC (1835) (the "Debtors") each filed a voluntary petition for relief under chapter 11 of title 11 of the United States Code (the "Bankruptcy Code") with the U.S. Bankruptcy Court for the District of Delaware (the "Court"). On June 30, 2026, the Court entered an order (the "Bar Date Order") establishing: (i) August 10, 2026 at 5:00 p.m. (prevailing Eastern Time) (the "General Bar Date") as the deadline for any person or entity (except governmental units) to file a Proof of Claim in these cases; and (ii) December 7, 2026 at 5:00 p.m. (prevailing Eastern Time) (the "Governmental Bar Date") as the deadline for any governmental unit to file a Proof of Claim in these cases. Any person or entity that holds a Claim that arises from the rejection of an executory contract or unexpired lease must file a Proof of Claim based on such rejection by the later of (a) the General Bar Date, (b) the date set forth in an order (including any order confirming a chapter 11 plan in these cases) authorizing the Debtors to reject contracts or leases pursuant to section 365 of the Bankruptcy Code (unless the order authorizing such rejection provides otherwise), and (c) thirty (30) days from the date the rejection order is entered and notice of the rejection is provided (the "Rejection Bar Date"). WHEN AND WHERE TO FILE PROOFS OF CLAIM All Claimants must submit (by overnight mail, courier service, hand delivery, regular mail, or in person) an original, written: Proof of Claim that substantially conforms to Official Bankruptcy Form No. B 410 or the enclosed Proof of Claim Form so as to be actually received by Epiq by no later than 5:00 p.m. (prevailing Eastern Time) on or before the applicable Bar Date at the following address: Alternatively, claimants may submit a Proof of Claim electronically through the Claims filing system available at https://dm.epiq11.com/simplyinterior. (by first-class mail) Simply Interior Homes, LLC Claims Processing Center c/o Epiq Corporate Restructuring, LLC P.O. Box 4419 Beaverton, OR 97076-4419 (by overnight mail, courier, or hand delivery) Simply Interior Homes, LLC Claims Processing Center c/o Epiq Corporate Restructuring, LLC 10300 SW Allen Blvd. Beaverton, OR 97005 Proofs of Claim will be deemed timely filed only if actually received by Epiq on or before the applicable Bar Date. Proofs of Claim may not be delivered by facsimile, telecopy, or electronic mail transmission. Any facsimile, telecopy, or electronic mail submissions will not be accepted and will not be deemed filed until a Proof of Claim is submitted to Epiq by overnight mail, courier service, hand delivery, regular mail, in person, or through the electronic filing system described above. Claimants wishing to receive acknowledgment that their original, written Proofs of Claim were received by Epiq must submit with their original Proof of Claim (i) a copy of the Proof of Claim, and (ii) a self-addressed, stamped envelope. ADDITIONAL INFORMATION The Proof of Claim Form, the Bar Date Order, and all other pleadings filed in these cases are available free of charge on Epiq's website at https://dm.epiq11.com/simplyinterior. If you have questions concerning the filing or processing of Claims, you may contact the Debtors' claims and noticing agent, Epiq, by calling the toll-free information line at (833) 545-6349 for U.S. claimants, or 1+(971) 298-8393 for international claimants, or by submitting an online inquiry via Epiq's website at https://dm.epiq11.com/simplyinterior. About Simply Interior Homes LLC Simply Interior Homes, LLC operates a home textiles and home décor business that designs, sources and supplies fashion bedding, window treatments, bath products, decorative textiles, and related home furnishings for major retailers. The Debtors were formed in early 2025 in connection with the carve-out of the soft goods business divisions from Keeco, LLC, a portfolio company of Centre Lane Partners, and related affiliates. Simply Interior Homes and its affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del., Case No. 26-10922) on June 8, 2026. The petitions were signed by Adam Zalev as chief restructuring officer. The Debtors reported $100 million to $500 million in both estimated assets and liabilities. Potter Anderson & Corroon LLP and Goodwin Procter LLP are serving as counsel to the Debtors. The Debtors' financial advisor is Reflect Advisors LLC, and their sales agent is Rock Creek Advisors LLC. Epiq Corporate Restructuring LLC is the claims and noticing agent. SLEEP COUNTRY: DBRS Puts 'BB' Issuer Rating Under Review -------------------------------------------------------- DBRS Limited (Morningstar DBRS) placed Sleep Country Canada Holdings Inc. 's (Sleep Country or the Company) Issuer Rating of BB and its Senior Unsecured Notes credit rating of BB (low) Under Review with Developing Implications. These credit rating actions follow the announcement that Sleep Country has entered into an agreement to acquire Sleep Number Corporation's (Sleep Number) assets (the Transaction). Sleep Number has initiated a voluntary Chapter 11 process to facilitate the Transaction. The Transaction is subject to court approval and other closing conditions. The Under Review with Developing Implications status reflects Morningstar DBRS' expectation that the Transaction will have a mixed impact on Sleep Country's overall credit risk profile, reflecting potential business risk assessment benefits, balanced by execution and potential financial risk assessment pressures. The Transaction is expected to expand Sleep Country's scale and geographic diversification. However, these potential benefits are tempered by risks associated with the acquisition of a distressed business that is operating in a highly competitive operating environment. As evidenced by Sleep Number's operational challenges in recent years, including declining revenue, and margin compression. Furthermore, the Transaction could result in higher leverage for Sleep Country. That said, at this juncture, Morningstar DBRS does not have sufficient information to determine the ultimate impact of the Transaction on the Company's overall credit risk profile. Morningstar DBRS expects to resolve the Under Review with Developing Implications status upon completion of the Transaction. In its review, Morningstar DBRS will focus on (1) the impact of the Transaction on Sleep Country's business risk profile, (2) the impact on the Company's financial risk profile, and (3) the impact on the Recovery Rating, which is currently RR5. Morningstar DBRS will review additional information as it becomes available and provide an update if there is additional clarity on the direction of the credit ratings. SMILEY AESTHETICS: Court Extends Cash Collateral Access to Aug. 12 ------------------------------------------------------------------ Smiley Aesthetics HoldCo, LLC and Smiley Aesthetics of Tennessee, LLC received another extension form the U.S. Bankruptcy Court for the Middle District of Tennessee, Nashville Division to use cash collateral. The court entered a third interim order authorizing the Debtors to use cash collateral based on an approved budget through Aug. 12 or until an event of default or repayment of Old National Bank's debt. Budget compliance will be measured on a rolling two-week basis, with the Debtors required to confer with Old National Bank if aggregate disbursements exceed budgeted amounts by more than 10%. As adequate protection, any creditor determined to hold a valid, perfected, and enforceable interest in the cash collateral will be granted replacement liens on the Debtors' post-petition property similar to its pre-petition collateral, with the same validity, extent, and priority. The replacement liens do not apply to avoidance actions or their proceeds. The order preserves all parties' rights to dispute the validity, extent, priority, or enforceability of any asserted liens or interests. The order also requires the Debtors to maintain insurance consistent with pre-petition practices and provide reasonable proof of coverage upon request. Old National Bank is entitled to receive reasonable operational and financial information concerning cash collateral and may inspect collateral upon 72 hours' notice. Events of default include failure to maintain insurance or a positive DIP account balance, failure to comply with material obligations after a seven-day cure period, conversion of the cases to Chapter 7, appointment of a trustee, or a material adverse budget variance without good-faith consultation. Upon an uncured default, the Debtors' authority to use cash collateral terminates unless further authorized by the court. Additionally, the court authorized Old National Bank to fund $263,571.75 in pre-petition construction draw requests for work performed on the Debtors' Nashville construction project at 4912 Charlotte Pike. The advanced funds may be used solely for the approved construction costs and will remain secured by Old National Bank's existing first-priority liens, replacement liens, and related loan documents. The order is available at http://bankrupt.com/misc/SmileyAesthetics_ICCOrder47.pdf A final hearing on the Debtors' continued use of cash collateral is scheduled for Aug. 11. About Smiley Aesthetics HoldCo LLC Smiley Aesthetics HoldCo, LLC operates a multi-channel medical aesthetics platform that includes treatment locations, provider education, and support services, generating multiple revenue streams. Smiley Aesthetics HoldCo sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Tenn. Case No. 26-01834) on April 20, 2026. In the petition signed by Carla Pierson, chief of business and operations, the Debtor disclosed up to $10 million in both assets and liabilities. Judge Randal S. Mashburn oversees the case. R. Alex Payne, Esq., at Dunham Hildebrand Payne Waldron, PLLC, represents the Debtor as legal counsel. SOUTHEAST HOUSING: Moody's Confirms Ba1 Rating on 2007 Cl. I Bonds ------------------------------------------------------------------ Moody's Ratings has confirmed Southeast Housing, LLC's Taxable Military Housing Revenue Bonds, Series 2007 Class I Bonds at Ba1. Concurrently, Moody's have removed the rating from review for downgrade and assigned a negative outlook. This action affects approximately $350.0 million of Southeast Housing, LLC's ("NavySE") outstanding debt. The confirmation of the Ba1 rating reflects Moody's views that NavySE's current liquidity and project scale continue to provide sufficient support for the rating despite weakened operating performance and elevated environmental remediation-related pressures. The removal of the rating from review for downgrade follows Moody's reviews of updated information, including final fiscal 2025 results, the scope of remaining remediation demands at Naval Air Station Key West (NAS Key West) and management's plans to address outstanding environmental and operational challenges. The change to a negative outlook reflects the risk that these pressures could persist over the next 12 to 24 months, further constrain debt service coverage and liquidity, and heighten environmental, governance and reputational risks if remediation efforts do not progress in a timely manner. RATING RATIONALE The Ba1 rating incorporates near-term financial performance that will remain constrained by weaker market demand and unit availability at NAS Key West, which in addition to persistent maintenance and repair costs will hamper overall project cash flows. Moody's-adjusted debt service coverage (DSC) narrowed materially in 2025 to 1.08x factoring in full payment of annually required Capital Repair and Replacement contributions that were not fully met last year. Contributing to this performance were higher maintenance costs as well as elevated litigation expenses in 2025, both related to mold issues within certain NAS Key West communities. Budget assumptions indicate improved yet below-average financial performance for 2026 despite the Navy-approved use of non-operating funds to meet certain obligations, including litigation-related expenses. Potential risks within the 2026 budget remain, primarily related to management's ability to realize maintenance and other savings as it progresses with mold remediation strategies. Additionally, 2026 BAH rates are projected to remain flat to 2025, thereby increasing reliance on improved housing demand to bolster revenue performance. Offsetting these risks and contributing to Moody's confirmations of the current rating are management's near- and longer-term strategies focused on both ongoing remediation work and improved maintenance protocols to enhance current unit availability. Additionally, management's ongoing coordination with the Department of Navy has provided needed resource flexibility to address operational constraints, and is indicative of the relative strength of this affiliation. Environmental and Governance risk exposures are key drivers of the rating. Department of Defense (DoD) inspection results outline ongoing deficiencies in addressing mold infiltration issues. Though project management has publicly disputed certain conclusions within the report, these findings highlight issues around customer responsiveness and reputational risk that can both impair occupancy performance as well as enhance regulatory scrutiny. RATING OUTLOOK The negative outlook reflects Moody's views that project performance will remain constrained by elevated unit remediation and , and renovations costs , andas well as the flat BAH rates, and that further debt service coverage tightening may be realized if current strategies aren't successful. Further, the outlook incorporates ongoing reliance on non-operating funds for certain expenses that limits management's ability grow project liquidity. FACTORS THAT COULD LEAD TO AN UPGRADE OF THE RATING -- Growing operating flexibility achieved through annual debt service coverage consistently above 1.15x and sustained build up in available liquidity within project-controlled reserves FACTORS THAT COULD LEAD TO A DOWNGRADE OF THE RATING -- An inability to meet mold remediation goals or improved maintenance protocols leading to growing financial requirements -- Debt service coverage approaching or below 1.0x -- An adverse legal ruling on outstanding litigation the necessitates a financial commitment that substantially constrains ongoing financial operations -- Declining occupancy combined with a trend of weak annual Basic Allowance for Housing (BAH) adjustments that further pressures operating performance PROFILE Southeast Housing, LLC was formed in 2007 by BBC Military Housing - Navy Southeast LLC (a subsidiary of Balfour Beatty Communities, LLC) and the United States Navy, with property management services performed by Balfour Beatty Military Housing Management LLC (also a subsidiary of Balfour Beatty Communities, LLC). The project consists of 5,258 housing units across 11 Navy bases located within Florida, Georgia, Mississippi, South Carolina and Texas, and is managed under a 50-year ground lease expiring in 2057. METHODOLOGY The principal methodology used in this rating was Global Housing Projects published in August 2024. SOUTHERN POINTE: Seeks to Hire The Steffes Firm as Legal Counsel ---------------------------------------------------------------- Southern Pointe Land, LLC seeks approval from the U.S. Bankruptcy Court for the Western District of Louisiana to employ The Steffes Firm, LLC to handle its Chapter 11 case. Prior to the filing of this case, the Debtor paid a retainer of $25,000. William Steffes, Esq., an attorney at The Steffes Firm, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: William E. Steffes, Esq. The Steffes Firm, LLC 13702 Coursey Blvd., Building 3 Baton Rouge, LA 70817 Telephone: (225) 751-1751 Email: bparsons@steffeslaw.com About Southern Pointe Land, LLC Southern Pointe Land, LLC is a real estate company focused on land holdings and property development projects. The filing did not provide extensive details regarding the company's business operations. The company filed for protection under Chapter 11 of the Bankruptcy Code (Case No. 26-20306) on June 18, 2026. The petition lists estimated assets between $10 million and $50 million and estimated liabilities between $10 million and $50 million. Honorable Bankruptcy Judge John W. Kolwe handles the case. The Debtor is represented by Barbara B. Parsons, Esq. and William E. Steffes, Esq. of The Steffes Firm, LLC. Vanderbilt Mortgage and Finance, Inc., as lender, is represented by: Bradley L. Drell, Esq. Conner L. Dillon, Esq. GOLD, WEEMS, BRUSER, SUES & RUNDELL P.O. Box 6118 Alexandria, LA 71307-6118 Telephone: (318) 445-6471 Facsimile: (318) 445-6476 E-mail: cdillon@goldweems.com SOUTHWEST CONCRETE: Commences Chapter 11 Bankruptcy in Nevada ------------------------------------------------------------- On July 6, 2026, Southwest Concrete Pumping, LLC filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Nevada. According to the court filing, the debtor reports between $1,000,001 and $10 million in estimated liabilities owed to 1 to 49 creditors. The Chapter 11 reorganization plan must be filed by November 3, 2026. About Southwest Concrete Pumping, LLC Southwest Concrete Pumping, LLC is a construction services company specializing in concrete pumping solutions for commercial, residential, industrial, and infrastructure projects throughout the Southwestern United States. Southwest Concrete Pumping, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-14257) on July 6, 2026. In its petition, the debtor reported estimated assets of $1,000,001 to $10 million and estimated liabilities of $1,000,001 to $10 million. Honorable Bankruptcy Judge August B. Landis handles the case. The Debtor is represented by Matthew C. Zirzow, Esq. of Larson And Zirzow, LLC SPINNAKER VERO: Gets Extension to Access Cash Collateral -------------------------------------------------------- Spinnaker Vero, Inc. and affiliated debtors received another extension from the U.S. Bankruptcy Court for the Southern District of Florida to use cash collateral. The court entered a second interim order authorizing the Debtors to use cash collateral to pay the expenses set forth in their operating budget and to fund court-approved payments. This authorization will continue until further court order. The Debtors were initially allowed to access cash collateral under the court's June 30 interim orders. Under the second interim order, the Debtors may exceed individual budget line items by up to 10%. The budget projects total operational expenses of $90,735 for July and $90,235 for August. As adequate protection, Newtek Small Business Finance, LLC and Newtek Bank, N.A. will receive automatically perfected post-petition replacement liens on the cash collateral, with the same validity and priority as their pre-petition liens. Additional safeguards include insurance coverage on the collateral in accordance with applicable loan and security agreements. The order does not determine the validity, priority or amount of any secured claim, and preserves the rights of all parties by allowing creditors to seek additional adequate protection or restrictions on the use of cash collateral. A copy of the court's order and the Debtor's budget is available at https://tinyurl.com/mr2fs6fn from PacerMonitor.com. A court hearing is scheduled for August 25. About Spinnaker Vero Inc. 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. Spinnaker Vero and affiliates -- Spinnaker PSL, Inc., Spinnaker Jupiter, Inc. and Spinnaker Melbourne, Inc. -- filed Chapter 11 petitions (Bankr. S.D. Fla. Lead Case No. 26-17019) on May 28, 2026. Steven Brunk, president of Spinnaker Vero, signed the petitions. At the time of the filing, Spinnaker Vero disclosed $377,280 in assets and $5,392,972 in liabilities. Judge Mindy A. Mora oversees the cases. Dana Kaplan, Esq., at Kelley Kaplan Delaney & Eller, PLLC, represents the Debtors as legal counsel. STRATUM 8: Seeks Subchapter V Bankruptcy in Texas ------------------------------------------------- On July 7, 2026, Stratum 8 RE LLC filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Eastern District of Texas. According to the court filing, the debtor reports estimated liabilities of $100,001 to $500,000 and between 1 and 49 creditors. A meeting of creditors filed by the US Trustee under Section 341(a) to be held on August 12, 2026 at 02:00 PM via Telephonic Dial-In Information. The bankruptcy court has set October 5, 2026, as the deadline for filing the Chapter 11 plan, while governmental units have until January 4, 2027, to submit proofs of claim. About Stratum 8 RE LLC Stratum 8 RE LLC is a real estate holding and investment company engaged in the ownership, management, and development of real estate assets. Stratum 8 RE LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-42361) on July 7, 2026. In its petition, the debtor reported estimated assets of $100,001 to $500,000 and estimated liabilities of $100,001 to $500,000. The debtor is represented by Mark H. Ralston, Esq., of Fishman Jackson PLLC. STRYKER DEALERSHIP: Commences Chapter 11 Bankruptcy in Alabama -------------------------------------------------------------- On July 6, 2026, Stryker Dealership Group, LLC filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Northern District of Alabama. According to the court filing, the debtor reports between $10 million and $50 million in liabilities, estimated assets of $100,000 to $500,000, and indicates that funds will be available for distribution to unsecured creditors. A meeting of creditors under Section 341(a) to be held on August 10, 2026 at 01:00 PM at Creditor Meeting Room Anniston. The court has set November 3, 2026, as the deadline for filing the Chapter 11 Plan and the accompanying Disclosure Statement. About Stryker Dealership Group, LLC Stryker Dealership Group, LLC is a Piedmont, Alabama-based multi-state trailer dealership specializing in the sale of utility, dump, and equipment trailers. The company serves customers across multiple states with a range of trailers for commercial and personal use. Stryker Dealership Group, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-40779) on July 6, 2026. In its petition, the debtor reported estimated assets of $100,000 to $500,000 and estimated liabilities of $10 million to $50 million. Honorable James J. Robinson handles the case. The debtor is represented by Frederick Mott Garfield, Esq., of Spain & Gillon, LLC. STUDENT TRANSPORTATION: $200MM Add-on No Impact on Moody's B1 CFR ----------------------------------------------------------------- Moody's Ratings says the ratings of Student Transportation of America Holdings, Inc. (STA), including its B1 corporate family rating, its B1-PD probability of default rating, and its B1 senior secured rating, remain unchanged following the company's announcement that it plans to issue a $200 million fungible add-on to its senior secured first lien term loan maturing in 2032. The outlook is stable. STA will use proceeds from the $200 million incremental term loan to fund an acquisition. In addition, STA is seeking to reprice its existing first lien term loan. The transaction reflects STA's active acquisition strategy, which focuses on expanding the company's bus network geographically and adding differentiated services to its transportation offering, including special-needs busing. The transaction follows two other debt-funded acquisitions, which the company financed using an existing $75 million delayed-draw term loan. Moody's expects these acquisitions will increase STA's debt/EBITDA to around 5.5x on a pro forma basis for the company's fiscal year ending June 2026. The increase in leverage is consistent with Moody's expectations as STA executes its ongoing acquisition strategy in a very fragmented market. Moody's views acquisition integration risk as manageable given STA's track record. Student Transportation of America Holdings, Inc. is a provider of contracted school transportation services across North America. The company transports over 1.5 million students daily across 24 states and six Canadian provinces. The company is majority owned by Caisse de Depot et Placement du Quebec (La Caisse) while Ullico Infrastructure Fund maintains a minority ownership stake. Revenue for the 12 months ended March 31, 2026 was approximately $1.5 billion. SUMMIT ACCESS: Plan Exclusivity Period Extended to Sept. 30 ----------------------------------------------------------- Judge Barbara Ellis-Monro of the U.S. Bankruptcy Court for the Northern District of Georgia extended Summit Access, LLC's periods to file a plan of reorganization and obtain acceptance thereof to Sept. 30 and Dec. 1, 2026, respectively. As shared by Troubled Company Reporter, the Debtor explains that the request for an extension will not unfairly prejudice or pressure the company's creditor constituencies or grant the Debtor any unfair bargaining leverage. The Debtor needs creditor support to confirm any plan, so the Debtor is in no position to impose or pressure its creditors to accept unwelcome plan terms. In addition, the Debtor seeks an extension of the Exclusivity Periods to advance the case and continue good faith negotiations with its stakeholders. The Debtor asserts that premature termination of the Exclusivity Periods may engender duplicative expense and litigation associated with multiple competing plans. Any litigation with respect to competing plans and resulting administrative expenses will only decrease recoveries to the Debtor's creditors and significantly delay, if not undermine entirely, the possibility of prompt confirmation of a plan of reorganization. The Debtor further asserts that given the consequences for its estate if the relief requested herein is not granted and the progress made to date, the requested extension of the Exclusivity Periods will not prejudice the legitimate interests of any party in interest in this case. Rather, the extension will further the Debtor's efforts to preserve value and avoid unnecessary and wasteful litigation. Summit Access LLC is represented by: Will B. Geer, Esq. Caitlyn Powers, Esq. Rountree Leitman Klein & Geer, LLC 2987 Clairmont Road, Suite 350 Atlanta, GA 30329 Telephone: (404) 584-1238 Email: wgeer@rlkglaw.com About Summit Access LLC Summit Access, LLC owns the apartment property at 2510-2540 Peachtree Circle, NE, Atlanta, with 19 of 28 units currently occupied and all units move-in ready. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ga. Case No. 26-51439) on February 2, 2026. In the petition signed by Romaia Karlsen, sole member, the Debtor disclosed up to $10 million in both assets and liabilities. Will Geer, Esq., at Rountree, Leitman, Klein & Geer, LLC, represents the Debtor as legal counsel. SUNPOWER INC: Names Tom Kowalczuk Chief Financial Officer --------------------------------------------------------- SunPower Inc. appointed Tom Kowalczuk as chief financial officer and principal financial officer, according to a Form 8-K filed with the Securities and Exchange Commission. The appointment was effective June 30, 2026. Kowalczuk, 43, has more than 20 years of finance and accounting experience. He previously served as chief financial officer of Bespoken Spirits Inc. from February 2025 to June 2026 and as its vice president of finance from March 2024 to February 2025. He also held finance roles at Campari Group and Beam Suntory Inc. Under his offer letter, Kowalczuk will receive a $400,000 base salary, a target annual bonus equal to 50% of base salary and an inducement restricted stock unit award covering 1,000,000 shares. About SunPower Inc. SunPower Inc. is a residential solar and energy services company headquartered in Orem, Utah. The Company operates a technology-enabled platform that supports sales partners, dealers, and installation professionals in delivering solar energy systems, battery storage solutions, and related services to homeowners and homebuilders across the United States. SunPower manages customer contracts, pre-construction activities, engineering plans, permits, hardware delivery, and installation coordination through proprietary software. The Company expanded its geographic footprint, dealer network, installation capacity, and national sales presence through acquisitions including Sunder Energy, Ambia Energy, and Cobalt Power Systems. In an audit report dated April 14, 2026, BDO USA, P.C., included a going-concern paragraph, citing recurring losses and negative cash flows. The conditions raised substantial doubt about the company's ability to continue as a going concern. As of March 29, 2026, SunPower Inc. reported total assets of $262.09 million, total liabilities of $323.54 million and total stockholders' deficit of $61.45 million. SUNSHINE HEALING: Gets Interim OK to Use Cash Collateral -------------------------------------------------------- Sunshine Healing Arts, LLC got the green light from the U.S. Bankruptcy Court for the Middle District of Florida, Jacksonville 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 August 25. The Debtor has historically operated on a cash basis, relying on current business revenues from acupuncture services and the sale of healing supplements to pay day-to-day operating expenses. It filed bankruptcy to restructure its debts while preserving its business as a going concern. The Debtor identifies the U.S. Small Business Administration as the sole prepetition secured lender with an asserted lien on its cash collateral, including substantially all business assets and receivables. The SBA is owed approximately $365,000 under financing documents recorded in September 2020. In addition to this secured debt, the Debtor states that it owes money to several service providers and other unsecured creditors and has struggled to remain current on these obligations. To protect the interests of the SBA while using its alleged cash collateral, the Debtor offers the SBA a replacement lien on post-petition receivables and other collateral to the extent the lender's pre-petition collateral may diminish in value through the Debtor's authorized use of cash collateral. The Debtor expects to generate positive cash flow during the bankruptcy case, which further protects the lender's secured position. About Sunshine Healing Arts LLC Sunshine Healing Arts, LLC is an Atlantic Beach, Florida-based healthcare and wellness provider specializing in acupuncture and holistic medicine. The clinic offers a range of integrative health services, including herbal medicine, vitamin injections, and body balance treatments, serving patients throughout the local community. Sunshine Healing Arts, LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-02808) on June 23, 2026. In its petition, the Debtor reports estimated assets of $0 to $50,000 and estimated liabilities of $100,000 to $500,000. The Debtor is represented by Thomas C. Adam, Esq. of Adam Law Group, P.A. Aaron R. Cohen serves as Subchapter V Trustee. SUPERIOR ENERGY: Moody's Affirms 'B1' CFR Following Sonic Deal -------------------------------------------------------------- Moody's Ratings affirmed Superior Energy Services, Inc.'s (Superior Energy) B1 Corporate Family Rating, B1-PD Probability of Default Rating, and the B2 rating on the backed senior secured notes issued by SESI, L.L.C. The outlook for both entities remains stable. These actions follow the announcement that Superior Energy has reached an agreement to purchase 100% of Sonic Connectors for $194 million in cash, funded through an add-on issuance of its senior secured notes. "Superior Energy's debt-funded acquisition of Sonic Connectors will have a modestly negative impact on the company's credit metrics, but the acquisition appears to have a good strategic fit and Moody's expects the company's credit metrics to improve post-closing as it realizes financial benefits of the acquisition and continues to adhere to its stated financial policies," said Jake Leiby, Moody's Ratings Vice President. RATINGS RATIONALE Under the terms of the proposed acquisition, Superior Energy will acquire 100% of Sonic Connectors for $200 million in cash. Moody's expects the proceeds from Superior Energy's proposed $200 million add-on notes issuance to be used to fund the total consideration for the acquisition. Sonic Connectors is a leading provider of electrical connectors, wellhead solutions, and production accessories and services for the oil and gas industry. The company's suite of products provides exposure to customer operating expenses, which tend to have a steadier revenue profile than products and services exposed to customers' more volatile capital budgets. The announced acquisition agreement comes five months after the closing of Superior Energy's $300 million cash acquisition of Abaco Energy Technologies (Abaco). The Abaco acquisition was funded 50/50 with cash on hand and incremental debt, whereas the Sonic Connectors acquisition is expected to be 100% debt funded. Superior Energy's credit profile may face pressure if it continues this pace of debt-funded acquisitions given the inherent valuation and execution risks, with the potential that future earnings from the acquisitions may not keep pace with rising debt levels leading to elevated leverage metrics. Superior Energy's B1 CFR is supported by its global rentals and well services brands with exposure to key onshore and offshore end-markets, strong operating margins and free cash flow profile, and its relatively low financial leverage considering the full pro forma effects of its acquisitions. The company's stated financial policies include maintaining at least $150 million of cash on hand and net leverage of no more than 1.0x. These positive attributes to the company's credit profile are somewhat offset by its exposure to the inherently cyclical and highly competitive oilfield services business with volatile margins and cash flows, its limited organic growth opportunities, and its smaller scale relative to competitors on certain business lines. As Moody's initially expected, the company is pursuing growth through M&A, which entails inherent valuation, financing and execution risks. Superior Energy's credit profile also reflects its private ownership with a concentrated shareholder base and a number of changes to its business strategy and financial policies since emerging from bankruptcy in 2021. Moody's expects Superior Energy to maintain good liquidity through at least 2027. Pro forma for the proposed add-on notes offering and acquisition of Sonic Connectors, Moody's expects the company to have around $160 million of cash on hand and access to an undrawn committed $200 million ABL credit facility. Moody's expects the company to generate sufficient operating cash flow to cover its required spending, including capital spending and debt service, and for free cash flow to be reinvested into organic and inorganic growth initiatives. The ABL contains a Springing Fixed Charge Coverage ratio covenant of 1.0x when availability is less than 12.5% of the Loan Limit or there is an EOD. Moody's do not expect the covenants to become operable and in the event that availability does fall below the limit, the company should remain in comfortable compliance with the financial covenants through at least 2027. SESI, L.L.C.'s senior secured notes are rated B2, one notch below the CFR, given the size of the $200 million ABL facility and its priority claim on more liquid collateral. The senior secured notes will mature in 2030, have a first lien on substantially all of the company's fixed assets, and have a second lien on all ABL collateral. The secured notes are guaranteed by Superior Energy and SESI, L.L.C.'s subsidiary, SESI Holdings, Inc., and each domestic subsidiary. The ABL credit facility will mature in 2030, has a first priority lien on domestic accounts receivable and eligible cash, and has a second priority lien on all other assets. The stable outlook reflects Moody's expectations for Superior Energy's credit metrics to return to levels in-line with management's stated financial policies after the acquisition of Sonic Connectors closes. FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS Superior Energy's ratings could be upgraded if it demonstrates adherence to its financial policies while fully realizing the projected financial benefits of its acquisitions, meaningfully grows its EBITDA and enhances its market position and cash flow stability relative to similarly rated peers. Sustaining debt/EBITDA below 1.5x could also be supportive of an upgrade. The ratings could be downgraded if the company significantly utilizes its cash balance for dividends, experiences a meaningful decline in free cash flow generation or liquidity, or if its debt/EBITDA is sustained above 2.5x. SESI, L.L.C. is a wholly-owned subsidiary of Superior Energy Services, Inc. Based in Houston, TX, Superior Energy Services, Inc. is privately owned global oilfield products and services company with a portfolio of premier rental and well services brands providing customers with robust inventory, responsive delivery, engineered solutions, and expert consultative service. The company provides specialized solutions to the upstream oil and gas industry through two segments: Rentals and Well Services. The principal methodology used in these ratings was Oilfield Services published in October 2025. SYNIVERSE CORP: S&P Downgrades ICR to 'CCC' on Refinancing Risk --------------------------------------------------------------- S&P Global Ratings lowered all its ratings on Syniverse Corp., including its issuer credit rating, to 'CCC' from 'B-', and removed the ratings from CreditWatch, where S&P placed them with negative implications on March 13, 2026. The negative outlook reflects that S&P could lower its rating if it believes a default or distressed debt exchange is inevitable over the next six months or the company announces a debt exchange that S&P views as distressed. Syniverse Corp. has about $1.1 billion in outstanding debt obligations coming due over the next 12 months, with $110 million of revolving credit facility borrowings due in February 2027 and a $1 billion term loan due May 2027. With insufficient liquidity to repay these approaching maturities, elevated leverage at 9.8x for the trailing 12 months ended Feb. 28, 2026, and negative free operating cash flow (FOCF), S&P believes there is a heightened risk of a distressed debt restructuring or payment default within the next 12 months. The downgrade reflects Syniverse's constrained liquidity position, which is insufficient to address its sizeable upcoming 2027 debt maturities. The company has drawn $110 million on its $165 million revolving credit facility due February 2027, alongside a $1 billion term loan due May 2027. As of Feb. 28, 2026, Syniverse held only $21.2 million in cash, and S&P forecasts negative free operating cash flow for the current year. S&P said, "Consequently, we view the company as highly vulnerable to nonpayment, as its ability to meet financial commitments is now dependent upon favorable business, financial, and economic conditions to facilitate a successful refinancing. We view the current capital structure as unsustainable, with ongoing operational headwinds further challenging the company's ability to address its obligations. We believe the risk of a default or a distressed debt restructuring has significantly increased, and we would view the latter as tantamount to a default if we deem lenders receive less than they were originally promised." Operating challenges continue to weigh on credit metrics. S&P Global Ratings-adjusted trailing-12-month debt to EBITDA remained elevated at 9.8x as of the fiscal first-quarter 2026 ended Feb. 28. Financial performance remains pressured by operational challenges that began in 2025--specifically, the loss of EBITDA from major customers transitioning to in-house capabilities and alternative providers. S&P said, "While we expect leverage to decline modestly to 9.0x in 2026 due to the lapping of these customer losses, ongoing cost-saving initiatives, and increased political traffic in the messaging segment, our base case assumes negative FOCF of approximately $10 million for the year. "The negative outlook reflects that we could lower our rating if we believe a default or distressed debt exchange is inevitable over the next six months or the company announces a debt exchange that we view as distressed. "We could lower our rating on Syniverse if we believe a default or distressed exchange appears inevitable in the coming months or if the company announces a debt exchange that we view as distressed. "We could raise our rating on Syniverse if it can refinance its capital structure and extend its maturities in a transaction that we do not consider a distressed exchange. We could consider a multi-notch upgrade to 'B-' if we expect the company to improve leverage and sustain positive FOCF that covers its debt service costs following any potential refinancing." TAPS RANCH II: Amends Shelby Savings Secured Claim Pay ------------------------------------------------------ TAPS Ranch II, LLC submitted a Third Amended Plan of Reorganization under Subchapter V dated June 30, 2026. Debtor formerly operated a chicken farm in the properties located at 509 FM 3409, San Augustine, TX 75972 ("St. Augustine Property") and 15433 E State Highway 21, Chireno, TX 75937 ("Chireno Property"). The Debtor has provided projected financial information as Exhibit 1. The projections are based upon current and projected new business. The projections included farming chicken eggs and raising catfish. The projections demonstrate that the Debtor will have sufficient funds to operate its business going forward. This Plan of Reorganization proposes to pay Debtor's creditors from the cash flow generated in the ordinary course of the Debtor's business after confirmation. Class 4 consists of Shelby Savings Bank, SSB. The Debtor will execute and deliver to Shelby Savings Bank two promissory notes in the amount of the agreed value of each of the Properties. The Debtor will execute and deliver to Shelby Savings Bank two renewal deeds of trust for the two promissory for the Properties. Each property will have a separate note and deed of trust. The interest rate on each note will be 4.75% per annum. Each note will have a balloon payment of all principal and interest eight years from its effective date such that the unpaid amounts on each note shall be due and payable in full eight years from the effective date of the note. The principal and interest payments for the St. Augustine Property will be approximately $6,051.11 and the principal and interest for the Chireno Property will be approximately $4,381.84. The Debtor will be responsible for the payment of ad valorem taxes each year prior to the date that such taxes become past due. Shelby Savings will continue to have the same deed of trust liens and mortgages on the Properties. The promissory notes for the Properties will be cross defaulted and cross collateralized. Notwithstanding, if the Debtor obtains a sales contract for either property, the Bank shall have right of first refusal on the sale of the Property. The Bank shall have fourteen days to offer the same sales price and other terms in the sales contract. If Bank declines to offer the same sales price and other terms in the sales contract, the debtor may proceed to sell the Property. Upon such purchase, the Bank may elect to have the property conveyed to the Bank by a deed in lieu of foreclosure. In such case, the Bank will credit the loan owing to the Bank by the Debtor for the contract sales price. If the amount is in excess of the amount owing to the Bank on both loans/debts, then the Bank must pay any excess to the Debtor. Upon a sale to the Bank, the Bank is not required to release the lien of the Bank as to the Property that was sold if the Bank determines in good faith that there is a title defect or similar issue. Alternatively, the Bank can foreclose its lien. In any case, the amount of the sales contract offered by a third party, which shall be the amount offered by the Bank, will reduce the debt of the Debtor to the Bank. Insurance will be carried by Bank but reimbursed by the Debtor. Insurance has been represented to be $18,000 per year or $1,500 per month for the current year. Insurance of the Bank will only cover the interests of the Bank. Debtor can get its own insurance and if it does the Bank will agree to stop the Bank insurance provided the Debtor insurance is acceptable to the Bank. The Debtor will reimburse the Bank the cost of the insurance over 12 months starting no later than the fifteenth of month following the Bank sending the Debtor the yearly insurance costs. Class 7 consists of Unsecured Non-Priority Claims. The Debtor will pay the projected disposable income in the amount as set forth on the projections for a period of sixty months following the Effective Date to creditors in this class with allowed claims in the amount set forth on the projections with this plan. Debtor may pay these amounts in quarterly distributions. If any recovery is made as against Pilgrim's Pride, after payment of attorneys' fees and expenses of the litigation and this bankruptcy case, the Debtor will pay 75% of the net proceeds to the creditors in Class 7 until the creditors in Class 7 are paid in full. The term "disposable income" means the income that is received by the debtor and that is not reasonably necessary to be expended * for -- the maintenance or support of the debtor or a dependent of the debtor; or -- a domestic support obligation that first becomes payable after the date of the filing of the petition; or * for the payment of expenditures necessary for the continuation, preservation, or operation of the business of the debtor. A full-text copy of the Third Amended Plan dated June 30, 2026 is available at https://urlcurt.com/u?l=xpwjol from PacerMonitor.com at no charge. Counsel to the Debtor: Reese W. Baker, Esq. Baker & Associates 950 Echo Lane Suite 300 Houston, TX 77024 Telephone: (713) 979-2251 About TAPS Ranch II LLC TAPS Ranch II, LLC formerly operated a chicken farm in the properties located at 509 FM 3409, San Augustine, TX 75972 ("St. Augustine Property") and 15433 E State Highway 21, Chireno, TX 75937 ("Chireno Property"). filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex. Case No. 25-34509) on August 4, 2025, listing between $1 million and $10 million in both assets and liabilities. Judge Jeffrey P Norman presides over the case. Reese W Baker, at Baker & Associates, is the Debtor's legal counsel. TAVERN BAR: Court Extends Cash Collateral Access to July 22 ----------------------------------------------------------- The U.S. Bankruptcy Court for the Middle District of Florida, Orlando Division, granted The Tavern Bar & Tacos, LLC third interim approval to use cash collateral through July 22. Under the third interim order, the Debtor is authorized to use cash collateral to pay the expenses set forth in its budget, subject to a 10% variance per line item. The Debtor may also make additional expenditures if approved in writing by secured creditors. Except as specifically authorized by the order, the Debtor is prohibited from using cash collateral for any other purpose. The Debtor's cash collateral consists of both the money currently held by the business and funds that will be generated through ongoing operations such as revenue from customers. This cash collateral may be subject to liens held by creditors including Wolters Kluwer Lien Solutions, Castaway's Sports Bar & Grill, LLC, First Corporate Solutions, Tandem Bank, Immediate Capital Solutions LLC, and WebBank based on prior financing arrangements. As protection, secured creditors will be granted replacement liens on post-petition cash collateral, with the same priority and validity as their pre-petition liens. The Debtor must also comply with all bankruptcy obligations, including filing monthly operating reports and maintaining proper insurance coverage. The order preserves all parties' rights to seek changes or challenge terms later, and the Court retains jurisdiction to enforce it. A continued hearing is scheduled for July 22. A copy of the court's order and the Debtor's budget is available at https://shorturl.at/n1R5R from PacerMonitor.com. About Tavern Bar & Tacos LLC The Tavern Bar & Tacos, LLC is a Florida for-profit corporation that operates a restaurant and bar under the name Tavern Orlando. Tavern Bar & Tacos filed a petition under Chapter 11, Subchapter V of the Bankruptcy Code (Bankr. M.D. Fla. Case No.26-01318) on February 26, 2026. In the petition signed by Eddie J. Santiago, managing member, the Debtor disclosed up to $50,000 in assets and up to $1 million in liabilities. Judge Tiffany P. Geyer oversees the case. L. William Porter III, Esq., at Latham Luna Eden & Beaudine LLP, represents the Debtor as legal counsel. Andrew Layden serves as Subchapter V trustee for the Debtor. TECHNICAL ARTS: Hires Bond Schoeneck & King as Special Counsel -------------------------------------------------------------- Technical Arts Group, LLC seeks approval from the U.S. Bankruptcy Court for the District of New Jersey to employ Bond Schoeneck & King as special counsel. The firm will provide these services: (a) attend Occupational Safety and Health Administration (OSHA) inspections; (b) prepare reports concerning inspection; (c) assist the Debtor in OSHA compliance issue; (d) perform such other related services as may be necessary and appropriate herein. (e) perform all of the legal services for the Debtor that may be necessary or desirable herein. Michael Billok, Esq., the primary attorney in this representation, will be billed at his hourly rate of $540. Mr. Billok disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Michael D. Billok, Esq. Bond Schoeneck & King 110 W. Fayette St. Syracuse, NY 13202 Telephone: (315) 218-8000 About Technical Arts Group LLC Technical Arts Group LLC, a Delaware limited liability company headquartered in Moonachie, New Jersey, provides event production and premium equipment rental services, specializing in lighting, audio, video, staging, special effects, and event management for large-scale music festivals, corporate gatherings, weddings, and international events. The Company operates a 34,488-square-foot facility and employs 63 staff members, engaging additional freelance personnel as needed. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D.N.J. Case No. 25-22241) on November 18, 2025. In the petition signed by Kevin Mignone, as co-president and chief revenue officer, the Debtor disclosed $10,944,828 in assets and $8,654,532 in liabilities. Judge Vincent F. Papalia oversees the case. Richard D. Trenk, Esq., and Robert S. Roglieri, Esq., at Trenk Isabel Siddiqi & Shahdanian PC represents the Debtor as counsel. TELUS CORP: DBRS Confirms 'BB(high)' Subordinated Debt Rating ------------------------------------------------------------- DBRS Limited (Morningstar DBRS) confirmed the Issuer Rating and Notes credit rating of TELUS Corporation (TELUS or the Company) at BBB. Morningstar DBRS also confirmed the Company's Commercial Paper credit rating at R-2 (middle) and Subordinated Debt credit rating at BB (high). The Debentures of TELUS Communications Inc. have been repaid and credit ratings on the Debentures have been discontinued. The trend on all remaining credit ratings is Stable. RATINGS Debt Rated Rating Trend Action ---------- ------ ----- ------ TELUS Communications Inc. Senior Debentures Discontinued Repaid TELUS Corporation Issuer Rating BBB Stb Confirmed Notes BBB Stb Confirmed Commercial Paper R-2(Middle) Stb Confirmed Subordinated Debt BB(high) Stb Confirmed KEY CREDIT RATING CONSIDERATIONS The credit rating confirmations reflect the Company's stable operating results in the Canadian telecommunications business, which saw (1) an ongoing narrowing in average revenue per user declines over the last four quarters; (2) solid mobile and fixed service loading, driven in part by the densification of services through bundled offerings, particularly at the premium end; (3) strong growth in TELUS Health as a result of continued investment and innovation; and (4) double-digit growth in TELUS artificial intelligence (AI)-powered solutions across both TELUS Digital and TELUS Business Solutions. The confirmations consider several headwinds, including continued declines in fixed legacy voice revenue, lower Enterprise data services revenue, and softness in mobile and fixed equipment sales. The Stable trends reflect (1) the Company's continued focus on its multiyear deleveraging strategy through 2027 (including net leverage targets of 3.3 times (x) or lower by YE2026 and 3.0x or better by the end of 2027); (2) a pause in dividend growth that is expected to increase financial flexibility; (3) an increase in consumer and enterprise product intensity; and (4) growth in TELUS Digital, driven by the rollout of advanced AI solutions. The trend also considers the maintenance of capital intensity in the low double-digit range through Morningstar DBRS' long-term forecast horizon through 2029, and the removal of the discounted dividend reinvestment plan beginning in 2028. CREDIT RATING DRIVERS A positive credit rating action may occur if TELUS is able to deleverage as a result of EBITDA growth and/or liquidity events in which the proceeds are directed toward debt reduction such that leverage declines sustainably toward 3.0x, while balancing capital allocation between growth, investment, spectrum, and shareholder returns. Conversely, a negative credit rating action may occur if TELUS experiences soft operating performance that falls materially below current expectations and pursues a more aggressive financial management strategy, such as increasing shareholder returns beyond current expectations, material debt-financed acquisition activity, or a combination of these factors such that leverage is expected to be sustained above 3.75x over a multiyear period without materially showing movement toward the Company's leverage target. EARNINGS OUTLOOK While Morningstar DBRS expects the Canadian telecommunications competitive landscape to remain intense, TELUS is expected to post adjusted EBITDA growth through Morningstar DBRS' forecast horizon as the Company leverages its advanced fibre and 5G+ network in order densify its service offering in the west and expand its presence in eastern markets. Morningstar DBRS forecasts 2026 revenue to increase in the low-to-mid single-digit range YOY, primarily reflecting growth in the consumer and enterprise markets as a result of product development and cross-selling, in AI solutions including sovereign AI solutions, and continued growth in TELUS Health. Looking further ahead to the 2027-28 time frame, Morningstar DBRS forecasts revenue will increase to the mid-single-digit range, primarily reflecting a stabilization in wireless service revenue, continued growth in high-speed broadband services, growth in TELUS Health, and improved operating performance in TELUS Digital as the Company rolls out advanced AI solutions. Morningstar DBRS expects 2026 adjusted EBITDA to increase to approximately between $7.6 billion to $7.7 billion, benefiting from higher revenue, extracting cost efficiencies, lowering mobile churn rates, with a renewed focus on cross-selling and bundled offerings. In 2027, adjusted EBITDA is forecast to increase to almost $8.0 billion. FINANCIAL OUTLOOK Morningstar DBRS forecasts free cash flow (after dividends but before changes in working capital and principal lease payments) in 2026 of about $800 million, compared with a modest deficit in 2025. In 2026, capital intensity is expected to be in the double-digit range and is expected to remain in this range through the near-to-mid-term (i.e., through 2029). Dividend growth is expected to be zero through at least 2027. Morningstar DBRS anticipates that TELUS will direct the majority of available free cash flow, after consideration for modest acquisition activity and spectrum costs in addition to capital generated from noncore asset divestitures to debt reduction in 2026 to 2027, such that Morningstar DBRS anticipates gross debt-to-EBITDA to improve to approximately 3.6x in 2026 and move toward 3.2x by 2027. CREDIT RATING RATIONALE Comprehensive Business Risk Assessment (CBRA): bbb (high) TELUS' business risk assessment reflects its position as a national wireline and wireless network provider. Its wireless networks cover more than 99% of Canada's population, allowing the Company to service more than 10.3 million mobile phone subscribers and 17.7 million telecommunications subscribers across mobile, other connected devices and Internet services. TELUS is also the incumbent communications service provider in Alberta and British Columbia with a strong market share in both wireless and wireline services. Wireless average billing per user rates in Western Canada are supported by some of the highest smartphone penetration rates in the country as well as higher household incomes and income growth rates. Further, the Company continues to diversify its revenue base through its ownership of TELUS Digital, TELUS Health segment, and TELUS Agriculture & Consumer Goods. Morningstar DBRS notes telecommunications operations are subject to a high degree of regulation by the Canadian Radio-television and Telecommunications Commission; Innovation, Science and Economic Development Canada; and the Competition Bureau Canada, all of which are focused on keeping the Canadian communications landscape competitive. Comprehensive Financial Risk Assessment (CFRA): bbb (low) Looking ahead, TELUS has taken numerous steps to support its multiyear deleveraging strategy, including reducing capital intensity to the low-double-digit range, down from the mid-to-high teens previously, the monetization of non-core business and/or retirement of legacy network infrastructure, maintaining the dividend at the current level and the windup of the Company's discounted dividend reinvestment plan by 2028. Morningstar DBRS anticipates gross debt-to-EBITDA to improve to approximately 3.6x in 2026 and move toward 3.2x by 2027. TELUS had approximately $1.3 billion in cash and approximately $3.1 billion in total liquidity as of March 31, 2026. Intrinsic Assessment: bbb The Intrinsic Assessment is based on forward-looking assessment of the CBRA and CFRA, while also taking into consideration industry peers, among other factors and is at the mid-point of the Intrinsic Assessment Range. Other Considerations: None THAI WISDOM: Seeks to Hire James E. Dickmeyer as General Counsel ---------------------------------------------------------------- Thai Wisdom, LLC seeks approval from the U.S. Bankruptcy Court for the Western District of Washington to employ James E. Dickmeyer, PC as counsel. The firm will render these services: (a) prosecute actions on behalf of the estate as may be appropriate; (b) advise the Debtor concerning the administration of the estate; (c) assist in the formulation of a reorganization plan; and otherwise (d) represent the Debtor in the performance of all duties and its obligations. The firm will be paid at its standard hourly rate of $500, plus reimbursement. James Dickmeyer, Esq., disclosed in a court filing that his firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: James E. Dickmeyer, Esq. James E. Dickmeyer, PC 321 1st Avenue West Seattle, WA 98119 Telephone: (425) 889-2324 About Thai Wisdom LLC Thai Wisdom LLC is a Washington-based limited liability company. Based on its name, the company appears to operate in the food service and hospitality sector, though specific business details were not disclosed in the bankruptcy petition. Thai Wisdom LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Wash. Case No. 26-11738) on May 26, 2026. In its petition, the Debtor reported estimated assets of up to $100,000 and estimated liabilities of up to $1 million. Honorable Bankruptcy Judge Timothy W. Dore handles the case. The Debtor is represented by James E. Dickmeyer, Esq., at James E. Dickmeyer, PC. THORNCO HOSPITALITY: Starts Chapter 11 Bankruptcy in Texas ---------------------------------------------------------- On July 7, 2026, Thornco Hospitality, LLC filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Northern District of Texas. According to the court filing, the debtor reports between $10 million and $50 million in liabilities and between $10 million and $50 million in assets. The petition also states that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. A meeting of creditors under Section 341(a) to be held on August 14, 2026 at 10:00 AM by TELEPHONE. The court set November 4, 2026, as the deadline for filing the Disclosure Statement, while Government Proofs of Claim must be filed by January 3, 2027. About Thornco Hospitality, LLC Thornco Hospitality, LLC is a Thornton, Colorado-based hospitality company that owns and operates a Homewood Suites by Hilton hotel. The company is engaged in the ownership and management of extended-stay lodging properties. Thornco Hospitality, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-33059) on July 7, 2026. In its petition, the debtor reported estimated assets of $10 million to $50 million and estimated liabilities of $10 million to $50 million. The debtor is represented by Gregory Wayne Mitchell, Esq., of The Mitchell Law Firm, L.P. TIMIOS ENTERPRISES: Gets Final OK to Use Cash Collateral -------------------------------------------------------- The U.S. Bankruptcy Court for the Northern District of Illinois, Eastern Division, entered a final order authorizing Timios Enterprises, LLC to use cash collateral. Under the final order, the Debtor is authorized to use cash collateral in accordance with its approved operating budget, subject to a 10% variance per line item. As adequate protection for the Debtor's use of cash collateral, the court granted post-petition replacement liens to secured creditors, including Newtek Small Business Finance, LLC, ARF Financial, Millennium Bank, Avion Funding HC LLC, Capytal.com, Everest Business Funding, Kapfi Equity LLC, Lawrence Funding Group Inc., Oakwood Business Funding LLC, SQ Funding, and Cromwell Capital LLC. The replacement liens apply to the Debtor's cash collateral and all post-petition property similar to the secured creditors' pre-petition Collateral, with the same priority and extent as their pre-petition liens. The final order does not waive or impair any rights of the Debtor and secured creditors under their existing loan agreements or applicable law. The final order is available at http://bankrupt.com/misc/TimiosEnterprises_ICCOrder25.pdf About Timios Enterprises Corp. Timios Enterprises Corp., doing business as Palm Court Restaurant and Banquets, operates a full-service restaurant and private-events venue in Arlington Heights, Illinois. It offers restaurant service, live entertainment, catering and banquet space. Timios Enterprises sought protection under Chapter 11 of the Bankruptcy Code (Bankr. N.D. Illinois Eastern Division Case No. 26-08984) on May 27, 2026. At the time of the filing, the Debtor reported assets of up to $50,000 and liabilities of between $1 million and $10 million. Judge Deborah L. Thorne oversees the case. Gregory K. Stern, Esq., Dennis E. Quaid, Esq., and Monica C. O'Brien, Esq., at Gregory K. Stern, P.C. serve as the Debtor's legal counsel. TITAN ENGINEERS: Case Summary & Nine Unsecured Creditors -------------------------------------------------------- Debtor: Titan Engineers PC 2003 Morris Avenue 2A Union, NJ 07083 Business Description: Titan Engineers PC is a structural and consulting engineering firm based in Union, New Jersey. Founded in 2005, the company provides structural design, investigation, evaluation, and forensic engineering services for commercial, residential, and infrastructure-related projects. Its work includes engineering support for steel and concrete buildings, office complexes, retail facilities, and earth-retention systems, serving developers, consultants, contractors, and project managers. Chapter 11 Petition Date: July 7, 2026 Court: United States Bankruptcy Court District of New Jersey Case No.: 26-17823 Debtor's Counsel: Nancy Isaacson, Esq. GREENBAUM, ROWE, SMITH & DAVIS LLP 99 Wood Avenue South Iselin, NJ 08830 Tel: (973) 577-1930 Fax: (973) 577-1931 E-mail: niaacson@greenbaumlaw.com Total Assets: $983,667 Total Liabilities: $10,223,112 The petition was signed by Nicholas C. Wong as pesident/owner. A full-text copy of the petition, which includes a list of the Debtor's nine unsecured creditors, is available for free on PacerMonitor at: https://www.pacermonitor.com/view/IXLBFGQ/Titan_Engineers_PC__njbke-26-17823__0001.0.pdf?mcid=tGE4TAMA TOLLANIS TECHNOLOGY: Files Emergency Bid to Use Cash Collateral --------------------------------------------------------------- Tollanis Technology Solutions, Inc. asks the U.S. Bankruptcy Court for the Southern District of Florida, Fort Lauderdale Division, for authority to use cash collateral and provide adequate protection. The Debtor argues that without immediate court approval it cannot lawfully use cash collateral to pay payroll, contract labor, and other ordinary-course operating expenses, placing the business at risk of immediate and irreparable harm. The Debtor explains that it previously operated under the name Tollanis International, Inc. before changing its legal name to Tollanis Technology Solutions, Inc. in October 2025. While acknowledging that certain creditors rely on financing statements filed under the former corporate name, the Debtor expressly reserves the right to challenge whether those UCC filings remained effective after the name change under applicable Florida law. The Debtor identifies two apparent secured creditors claiming interests in cash collateral: Byzfunder NY LLC and PayPal Loan Builder. Byzfunder asserts a claim of approximately $204,000 based on a merchant cash advance transaction characterized as a purchase of the debtor's future receipts and supported by a UCC-1 financing statement filed on December 1, 2025. PayPal Loan Builder claims approximately $89,000 under a financing arrangement secured by accounts, receivables, deposit accounts, equipment, inventory, general intangibles, and related proceeds, evidenced by a UCC-1 financing statement filed on February 25, 2026. The Debtor values its total personal property at approximately $183,305 as of the petition date, including roughly $25,948 in cash and cash equivalents, approximately $154,857 in accounts receivable, and only minimal remaining tangible assets. The Debtor maintains that cash collateral consists only of cash, receivables, and operational proceeds to the extent any creditor actually holds a valid and enforceable security interest. To provide adequate protection, the Debtor proposes granting replacement liens to Byzfunder and PayPal only to the extent each creditor possesses a valid, perfected, and enforceable prepetition lien and only to compensate for any actual diminution in the value of their collateral resulting from postpetition use of cash collateral. The Debtor stresses that granting replacement liens on an interim basis does not validate or expand any creditor's prepetition rights and does not waive any future objections to their secured status. The requested use of cash collateral is limited to ordinary-course operating expenses necessary to preserve the business and maximize estate value. The proposed budget includes expenses such as payroll and payroll taxes, contract labor, rent, insurance, utilities, telephone services, software subscriptions, advertising, merchant processing fees, vehicle expenses, U.S. Trustee fees, and other routine operating costs. The debtor specifically excludes officer compensation, insider payments, equity holder distributions, affiliated entity payments, and professional fees unless separately authorized by the bankruptcy court or otherwise permitted under applicable law. A copy of the motion is available at https://urlcurt.com/u?l=xmdlu2 from PacerMonitor.com. About Tollanis Technology Solutions Inc. Tollanis Solutions Inc. is a Veteran-Owned Small Business based in Deerfield Beach, Florida. The company provides managed IT services, contact center solutions, healthcare credentialing, travel technology, digital transformation, and automation services. Tollanis Solutions serves customers in healthcare, government, travel, entertainment, retail and ecommerce, and manufacturing. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Fla. Case No. 26-18089) on June 19, 2026, with $183,304 in assets and $2,094,756 in liabilities. Stephen Smith, president, signed the petition. Chad Van Horn, Esq., at Van Horn Law Group, P.A. represents the Debtor as legal counsel. TOM'S METAL: Case Summary & One Unsecured Creditor -------------------------------------------------- Debtor: Tom's Metal Specialists Inc. 1416 Wallace Avenue San Francisco, CA 94124 Business Description: Tom's Metal Specialists is a San Francisco- based metal subcontractor providing steel and stainless steel fabrication and erection services. The company's work includes structural and miscellaneous steel fabrication and installation, seismic retrofitting and bracing, metal decking, and architectural and ornamental ironwork such as stairs, handrails, guardrails, canopies, gates, fencing, panels, door and window guards, and gratings. TMS serves public, commercial, and private construction projects in Northern California and the Bay Area. Chapter 11 Petition Date: July 7, 2026 Court: United States Bankruptcy Court Northern District of California Case No.: 26-30601 Debtor's Counsel: Eric J. Gravel, Esq. THE LAW OFFICES OF ERIC J. GRAVEL 1390 Market St., Suite 200 San Francisco, CA 94102 Tel: (650) 931-6000 E-mail: ctnotices@gmail.com Estimated Assets: $0 to $50,000 Estimated Liabilities: $1 million to $10 million The petition was signed by Jinxia Jia as chief financial officer. The Debtor listed Pathward, National Association, whose loan is serviced by Windsor Advantage, as its only unsecured creditor, with a $2.70 million claim tied to an SBA loan. The creditor's address is 320 N. Meridian St., Suite 212, Indianapolis, Indiana 46204. A full-text copy of the petition is available for free on PacerMonitor at: https://www.pacermonitor.com/view/KWWODUA/Toms_Metal_Specialists_Inc__canbke-26-30601__0001.0.pdf?mcid=tGE4TAMA TOPBUILD CORP: Moody's Withdraws 'Ba1' CFR Following Debt Repayment ------------------------------------------------------------------- Moody's Ratings has withdrawn all ratings for TopBuild Corp. including the Ba1 corporate family rating, Ba1-PD probability of default rating, SGL-1 speculative grade liquidity rating (SGL), and the Ba2 senior unsecured notes ratings. The rating action follows TopBuild's full repayment of its previously rated debt. Prior to the withdrawal the outlook was rating under review and the ratings were placed under review for downgrade. RATINGS RATIONALE Moody's have withdrawn all of TopBuild's ratings following the complete redemption of all of its outstanding rated debt. On April 19, 2026, the company announced its definitive agreement to be acquired by QXO, Inc. (Ba3 stable). The acquisition closed on July 01, 2026, and the company's rated debt was repaid in full. TopBuild Corp. (NYSE: BLD), headquartered in Daytona Beach, Florida, is the largest installer and distributor of insulation and a leading commercial roofing installer related products in North America. TOWN PHARMACY: Seeks to Hire Byrd & Wiser as Bankruptcy Counsel --------------------------------------------------------------- Town Pharmacy and Gifts, LLC seeks approval from the U.S. Bankruptcy Court for the Southern District of Mississippi to employ Byrd & Wiser to handle its Chapter 11 case. The firm will be paid at these hourly rates: Attorneys $300 Paralegals $100 Robert Alan Byrd, Esq., an attorney at Byrd & Wiser, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Robert Alan Byrd, Esq. Byrd & Wiser 145 Main Street 39530 P.O. Box 1939 Biloxi, MS 39533 Telephone: (228) 432-8123 Facsimile: (228) 432-7029 Email: rab@byrd-wiser.com About Town Pharmacy and Gifts LLC 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. Town Pharmacy and Gifts sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Miss. Case No. 26-50879) on May 27, 2026. In the petition signed by Thomas J. Turfitt III, managing member, the Debtor disclosed up to $500,000 in assets and up to $10 million in liabilities. Judge Katharine M. Samson oversees the case. Robert Alan Byrd, Esq., at Byrd & Wiser represents the Debtor as counsel. TRINITY POOLS: Hires George Oliver as General Bankruptcy Counsel ---------------------------------------------------------------- Trinity Pools, LLC seeks approval from the U.S. Bankruptcy Court for the Eastern District of North Carolina to employ The Law Offices of George Oliver, PLLC to handle its Chapter 11 case. The Debtor paid $16,818.96 to the firm prepetition for the period of November 6, 2025, through May 14, 2026, including the Chapter 11 filing fee of $1,738. George Mason Oliver, Esq., disclosed in a court filing that his firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: George Mason Oliver, Esq. The Law Offices of George Oliver, PLLC P.O. Box 1548 New Bern, NC 28563 Telephone: (252) 633-1930 Facsimile: (252) 633-1950 Email: george@georgeoliverlaw.com About Trinity Pools LLC Trinity Pools LLC is an Apex, North Carolina-based swimming pool contractor that provides pool design, in-ground pool installation, and pool maintenance services. The company installs concrete, fiberglass, vinyl, and container pools and also provides related work including decking, hardscaping, tile, coping, and interior finish installation. Trinity Pools & Spas offers maintenance services such as pool openings and closings, winterization, spa maintenance, one-time cleaning, water chemistry balancing, debris removal, and equipment inspection. The company serves communities in the greater Raleigh area, including Apex, Cary, Clayton, Durham, Garner, Morrisville, and Raleigh. The Debtor sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D.N.C. Case No. 26-02193) on May 14, 2026. In the petition signed by David Nelms, manager, the Debtor disclosed $165,750 in assets and $1,161,799 in liabilities. Judge David M. Warren oversees the case. George Mason Oliver, Esq., at The Law Offices of George Oliver, PLLC represents the Debtor as counsel. TRINSEO PLC: Directors Hires McDermott Will as Independent Counsel ------------------------------------------------------------------ The Super HoldCo Independent Directors appointed in the Chapter 11 cases of Trinseo PLC and its affiliates seek approval from the U.S. Bankruptcy Court for the Southern District of Texas to employ McDermott Will & Schulte LLP as independent counsel. The firm will provide legal services to the Super HoldCo Independent Directors solely in connection with the Super HoldCo Independent Directors' evaluation, investigation, and advice concerning potential restructuring transactions, prior transactions, and matters specifically presented to the Super HoldCo Independent Directors within the scope of their mandate and such other services as are within the scope of the Super HoldCo Independent Directors' mandate and not inconsistent with section 327(e) of the Bankruptcy Code. The firm's professionals will be paid at these hourly rates: Partners $1,600 - $2,500 Counsel $1,045 - $1,800 Associates $985 - $1,650 Paraprofessionals $135 - $950 In addition, the firm will seek reimbursement for expenses incurred. On April 16, 2026, the Debtors paid $250,000 as an advance payment retainer. Bradley Thomas Giordano, Esq., a partner at McDermott Will & Schulte, provided the following in response to the request for additional information set forth in Section D of the Revised U.S. Trustee Guidelines: Question: Did McDermott agree to any variations from, or alternatives to, McDermott's standard billing arrangements for this engagement? Answer: No. Question: Do any of the McDermott professionals in this engagement vary their rate based on the geographic location of the Debtors' Chapter 11 cases? Answer: No. Question: If McDermott has represented the Debtors in the 12 months prepetition, disclose McDermott's billing rates and material financial terms for the prepetition engagement, including any adjustments during the 12 months prepetition. If McDermott's billing rates and material financial terms have changed post-petition, explain the difference and the reasons for the difference. Answer: McDermott's current hourly rates for services rendered on behalf of the Debtors range as follows: Partners $1,600 - $2,500 Counsel $1,045 - $1,800 Associates $985 - $1,650 Paraprofessionals $135 - $950 Question: Have the Debtors approved McDermott's budget and staffing plan, and, if so, for what budget period? Answer: Yes. McDermott, in conjunction with the Super HoldCo Independent Directors, has developed a budget and staffing plan for the Chapter 11 cases for the period from the Petition Date through and including July 27, 2026. Mr. Giordano 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: Bradley Thomas Giordano McDermott Will & Schulte LLP 444 W. Lake Street, Suite 4000 Chicago, IL 60606 About Trinseo PLC Trinseo PLC, headquartered in Wayne, Pa. -- https://www.trinseo.com/ -- is an international chemical and materials manufacturer specializing in plastics, latex binders, and synthetic rubber products. Its materials are used across industries such as automotive manufacturing, building and construction, electronics, and packaging, supporting a diversified industrial customer base worldwide. Trinseo PLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90115) on May 20, 2026. In its petition, the Debtor reports estimated assets and liabilities between $1 billion and $10 billion each. The Honorable Bankruptcy Judge Alfredo R. Perez handles the case. Latham & Watkins LLP is serving as Trinseo's legal advisor in the restructuring, supported by co-counsel Hunton Andrews Kurth LLP. The company also retained Centerview Partners LLC as investment banker and FTI Consulting as financial and communications advisor. Ernst & Young LLP as tax auditor and tax accountant and Kroll Restructuring Administration LLC as claims agent. Paul Hastings LLP and PJT Partners advised the Senior Secured Lenders. Gibson, Dunn & Crutcher LLP and Howley Law PLLC represent the OpCo 2028 Ad Hoc Group of lenders. Lazard Freres & Co. also represents the group. Gray Reed and Pallas Partners (US) LLP represent the Ad Hoc Group of Excluded OpCo Term Lenders. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Porter Hedges LLP represent an ad hoc group of holders of 7.625% Second Lien Senior Secured Notes due 2029. TRINSEO PLC: Seeks to Hire Ernst & Young as Tax Services Provider ----------------------------------------------------------------- Trinseo PLC and its affiliates seek approval from the U.S. Bankruptcy Court for the Southern District of Texas to employ Ernst & Young LLP as tax services provider. The firm will render these services: (a) Tax Compliance and Reporting Services: (i) prepare and file non-U.S. income tax returns for the Debtors' non-U.S. subsidiaries for the December 31, 2025, tax year; and (ii) BEPS Pillar 2 Global Minimum Tax Compliance: (1) prepare and file GloBE Information Return (GIR) in Ireland; and (2) prepare and file various Pillar Two tax returns for the Debtors' non-U.S. subsidiaries. (b) Tax Advisory Services: (i) Tax Advisory Services for one-off routine on call questions. (c) Bankruptcy Tax Structuring and Debt Impacts Services: (i) Bankruptcy Tax Services; (d) Global Mobility Tax Compliance Services (i) the preparation of U.S. and non-U.S. individual income tax returns, tax equalization calculations, tax planning, gathering data, hypothetical tax calculations, shadow and monthly payroll calculations, certificates of coverage, and year-end adjustments; and (ii) services may also include assisting with tax-related information reporting that is required by U.S. and various non-U.S. taxing authorities, as well as responses to routine inquiries from tax authorities concerning tax return matters. The firm will be paid at these following fees: (a) Tax Compliance and Reporting Services (i) prepare and file non-U.S. income tax returns for the Debtors' non-U.S. subsidiaries for the December 31, 2025, tax year – Debtors shall pay EY LLP a fixed fee of $538,018. (ii) BEPS Pillar 2 Global Minimum Tax Compliance – Debtors shall pay EY LLP a fixed fee of $92,950 that will cover the following services: (1) prepare and file 2024 GloBE Information Return (GIR) in Ireland; and (2) prepare and file various Pillar Two tax returns for the Debtors' non-U.S. subsidiaries. (b) Tax Advisory Services Partner/Principal $1,070 Managing Director $817 Senior Manager $627 Manager $511 Senior $380 Staff $316 (c) Bankruptcy Tax Structuring and Debt Impacts Services Partner/Principal $1,070 Managing Director $817 Senior Manager $627 Manager $511 Senior $380 Staff $316 (d) Global Mobility Tax Compliance Services – the preparation of U.S. and non-U.S. individual income tax returns, tax equalization calculations, tax planning, gathering data, hypothetical tax calculations, shadow and monthly payroll calculations, certificates of coverage, and year-end adjustments – Debtors shall pay EY LLP a fixed fee of $200,000. In addition, the firm will seek reimbursement for expenses incurred. During the 90 days prior to the Petition Date, the Debtors paid the firm approximately $401,881.80. James Barrett, a partner at Ernst & Young, 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: James Barrett Ernst & Young, LLP One Manhattan West, 395 9th Avenue New York, NY 10001 Telephone: (212) 773-3000 About Trinseo PLC Trinseo PLC, headquartered in Wayne, Pa. -- https://www.trinseo.com/ -- is an international chemical and materials manufacturer specializing in plastics, latex binders, and synthetic rubber products. Its materials are used across industries such as automotive manufacturing, building and construction, electronics, and packaging, supporting a diversified industrial customer base worldwide. Trinseo PLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90115) on May 20, 2026. In its petition, the Debtor reports estimated assets and liabilities between $1 billion and $10 billion each. The Honorable Bankruptcy Judge Alfredo R. Perez handles the case. Latham & Watkins LLP is serving as Trinseo's legal advisor in the restructuring, supported by co-counsel Hunton Andrews Kurth LLP. The company also retained Centerview Partners LLC as investment banker and FTI Consulting as financial and communications advisor. Ernst & Young LLP as tax auditor and tax accountant and Kroll Restructuring Administration LLC as claims agent. Paul Hastings LLP and PJT Partners advised the Senior Secured Lenders. Gibson, Dunn & Crutcher LLP and Howley Law PLLC represent the OpCo 2028 Ad Hoc Group of lenders. Lazard Freres & Co. also represents the group. Gray Reed and Pallas Partners (US) LLP represent the Ad Hoc Group of Excluded OpCo Term Lenders. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Porter Hedges LLP represent an ad hoc group of holders of 7.625% Second Lien Senior Secured Notes due 2029. TRINSEO PLC: Seeks to Hire FTI Consulting as Financial Advisor -------------------------------------------------------------- Trinseo PLC and its affiliates seek approval from the U.S. Bankruptcy Court for the Southern District of Texas to employ FTI Consulting, Inc. as financial advisor. The firm will provide Alan Boyko as chief restructuring officer (CRO) and certain additional personnel to the Debtor. The CRO and additional personnel will provide these services: (a) Restructuring Advisory Services: (i) coordinate the activities of the Debtors' advisory team and advise them and their Liquidity Management & Portfolio Committee on the restructuring and the Chapter 11 cases; (ii) assist the Debtors in operating as a debtor in the Chapter 11 cases; (iii) manage the day-to-day activities of the restructuring; (iv) support the Debtors, counsel and other professionals in restructuring negotiations and communications with their lenders and other stakeholders; (v) assist the Debtors and counsel in the preparation of any required financial disclosures and reporting requirements; (vi) assist with claims reconciliation and objections; (vii) if needed, provide testimony supporting the Debtors' first day motions, petitions, plan of reorganization, and other matters as the circumstances warrant; (viii) assist the Debtors with and participate in their initial debtor interview and the meeting of creditors, as needed; and (ix) other Chapter 11 related services as may be reasonably requested by the Debtors and counsel, and are customary in this type of engagement. (b) Financial Forecasting, Analysis and Related Support: (i) work with Debtors' management in maintaining and refining a 13-week cash flow forecast and prepare cash flow budget to actual variance analysis as needed; (ii) work with management in the alignment of the cash flow forecast with current budget and longer-term business plan; (iii) support management in maintaining a recurring reporting cadence update to the cash forecast and improve the cash flow forecast and liquidity planning process, as applicable; (iv) assist the Debtors in the preparation of the financial projections in support of the plan of reorganization; (v) assist the Debtors in the preparation of a liquidation analysis in support of the plan of reorganization; (vi) develop and review presentation materials, financial analyses, management reports; operating reports and other information; and (vii) support management, and the other advisors with analyses and information as may be required. (c) Strategic Communications Services: (i) develop comprehensive communications strategy and materials across all major stakeholder audiences; (ii) build media relations plan and conduct outreach proactively and reactively on behalf of or in concert with the Debtors; (iii) lead training sessions for stakeholder-facing employees in the days leading up to a filing in order to equip them for messaging and communications rollout; and (iv) build and maintain digital assets. (d) Technology Data Collection and Discovery Support: (i) assist in the identification, preservation, collection, processing, and analysis of electronically stored information and other relevant documentation from Company personnel, third-party custodians, and professional advisors; and (ii) facilitate the transfer, hosting, and management of collected data for review by the Debtors, their advisors, and other authorized parties. (e) Others: (i) perform other services that may be reasonably requested and are customary in this type of engagement. The firm will be paid at these hourly rates for Restructuring/Financial Services – United States: Senior Managing Directors $1,270 - $1,580 Directors/Senior Directors/Managing Directors $940 – $1,195 Consultants/Senior Consultants $535 - $850 Administrative/Paraprofessionals $195 - $395 The firm will be paid at these hourly rates for Strategic Communications Services – United States: Senior Managing Directors $1,230 Directors/Senior Directors/Managing Directors $735 – $1,005 Consultants/Senior Consultants $450 - $590 Administrative/Paraprofessionals $170 In addition, the firm will seek reimbursement for expenses incurred. The firm received a $300,000 as retainer from the Debtor. Mr. Boyko 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: Alan Boyko FTI Consulting, Inc. 999 17th Street, Suite 700 Denver, CO 80202 Telephone: (574) 309-1795 Email: Alan.boyko@fticonsulting.com About Trinseo PLC Trinseo PLC, headquartered in Wayne, Pa. -- https://www.trinseo.com/ -- is an international chemical and materials manufacturer specializing in plastics, latex binders, and synthetic rubber products. Its materials are used across industries such as automotive manufacturing, building and construction, electronics, and packaging, supporting a diversified industrial customer base worldwide. Trinseo PLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90115) on May 20, 2026. In its petition, the Debtor reports estimated assets and liabilities between $1 billion and $10 billion each. The Honorable Bankruptcy Judge Alfredo R. Perez handles the case. Latham & Watkins LLP is serving as Trinseo's legal advisor in the restructuring, supported by co-counsel Hunton Andrews Kurth LLP. The company also retained Centerview Partners LLC as investment banker and FTI Consulting as financial and communications advisor. Ernst & Young LLP as tax auditor and tax accountant and Kroll Restructuring Administration LLC as claims agent. Paul Hastings LLP and PJT Partners advised the Senior Secured Lenders. Gibson, Dunn & Crutcher LLP and Howley Law PLLC represent the OpCo 2028 Ad Hoc Group of lenders. Lazard Freres & Co. also represents the group. Gray Reed and Pallas Partners (US) LLP represent the Ad Hoc Group of Excluded OpCo Term Lenders. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Porter Hedges LLP represent an ad hoc group of holders of 7.625% Second Lien Senior Secured Notes due 2029. TRINSEO PLC: Seeks to Hire Latham & Watkins as Bankruptcy Counsel ----------------------------------------------------------------- Trinseo PLC and its affiliates seek approval from the U.S. Bankruptcy Court for the Southern District of Texas to employ Latham & Watkins LLP as counsel. The firm's services include: (a) advise the Debtors with respect to their powers and duties in the continued management and operation of their businesses and properties; (b) advise and consult on the conduct of the Chapter 11 cases; (c) advise the Debtors and take all necessary action to protect and preserve their estates; (d) analyze proofs of claim filed against the Debtors and object to such claims as necessary; (e) represent the Debtors in connection with obtaining authority to continue using cash collateral and obtaining post-petition financing; (f) represent the Debtors in connection with adversary proceedings and litigation within the Chapter 11 cases; (g) attend meetings and negotiate with representatives of creditors, interest holders, and other parties in interest; (h) analyze executory contracts and unexpired leases, and potential assumptions, assignments, or rejections of such contracts and leases; (i) prepare pleadings in connection with the Chapter 11 cases; (j) advise the Debtors in connection with any potential sale of assets; (k) take necessary action on behalf of the Debtors to obtain approval of a disclosure statement and confirmation of a Chapter 11 plan; (l) appear before the Court or any appellate courts to protect the interests of the Debtors' estates before those courts; (m) advise on corporate, litigation, regulatory, finance, tax, employee benefits, and other legal matters; and (n) perform all other necessary legal services for the Debtors in connection with the Chapter 11 cases. The firm's counsel will be paid at these hourly rates: Partners $1,895 - $3,050 Counsel $1,815 - $2,550 Associates $945 - $1,850 Professional Staff $280 - $1,410 Paralegals $390 - $970 In addition, the firm will seek reimbursement for expenses incurred. During the 90-day period prior to the Petition Date, the firm received advance payment retainers in the aggregate amount of $19,500,000 from the Debtors. Ryan Preston Dahl, Esq., a partner at Latham & Watkins, also provided the following in response to the request for additional information set forth in Section D of the Revised U.S. Trustee Guidelines: Question: Did the firm agree to any variations from, or alternatives to, its standard billing arrangements for this engagement? Answer: No. Question: If the firm has represented the Debtors in the 12 months prepetition, disclose its billing rates and material financial terms for the prepetition engagement, including any adjustments during the 12 months prepetition. If the firm's billing rates and material financial terms have changed post-petition, explain the difference and the reasons for the difference. Answer: The firm's current hourly rates for services rendered on behalf of the Debtors are set forth above. All material financial terms have remained unchanged since the prepetition period, except (i) the rates for certain lawyers advising the Debtors in the Chapter 11 cases will be limited by the applicable rate ranges set forth in paragraph 14 above, (ii) for a post-petition 50 percent discount for non-working travel time, and (iii) the firm provided limited credit with respect to its general briefing on the Debtors' corporate and capital structure in connection with its initial engagement in November 2025. As noted in paragraph 15, the firm's billing rates are typically revised annually, on or around January 1 of each calendar year, as is customary with its policies. Accordingly, the firm's rates increased on or about January 1, 2026. The firm's billing rates and material financial terms for the prepetition engagement otherwise remained the same in the 12-month period leading up to the petition date. Question: Have the Debtors approved the firm's budget and staffing plan and, if so, for what budget period? Answer: The Debtors have approved the projected fees and expenses of the firm, reflected in budgets shared with the Debtors' management in connection with debtor-in-possession financing. The Debtors understand and agree that the budgeted amounts set forth therein reflect a good-faith estimate of, rather than a cap on, professional fees and expenses. Mr. Dahl 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: Ryan Preston Dahl, Esq. Latham & Watkins LLP 1271 Avenue of the Americas New York, NY 10020 Telephone: (212) 906-1200 Facsimile: (212) 751-4864 Email: Ryan.Dahl@law.com About Trinseo PLC Trinseo PLC, headquartered in Wayne, Pa. -- https://www.trinseo.com/ -- is an international chemical and materials manufacturer specializing in plastics, latex binders, and synthetic rubber products. Its materials are used across industries such as automotive manufacturing, building and construction, electronics, and packaging, supporting a diversified industrial customer base worldwide. Trinseo PLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90115) on May 20, 2026. In its petition, the Debtor reports estimated assets and liabilities between $1 billion and $10 billion each. The Honorable Bankruptcy Judge Alfredo R. Perez handles the case. Latham & Watkins LLP is serving as Trinseo's legal advisor in the restructuring, supported by co-counsel Hunton Andrews Kurth LLP. The company also retained Centerview Partners LLC as investment banker and FTI Consulting as financial and communications advisor. Ernst & Young LLP as tax auditor and tax accountant and Kroll Restructuring Administration LLC as claims agent. Paul Hastings LLP and PJT Partners advised the Senior Secured Lenders. Gibson, Dunn & Crutcher LLP and Howley Law PLLC represent the OpCo 2028 Ad Hoc Group of lenders. Lazard Freres & Co. also represents the group. Gray Reed and Pallas Partners (US) LLP represent the Ad Hoc Group of Excluded OpCo Term Lenders. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Porter Hedges LLP represent an ad hoc group of holders of 7.625% Second Lien Senior Secured Notes due 2029. TRINSEO PLC: Seeks to Tap Centerview Partners as Investment Banker ------------------------------------------------------------------ Trinseo PLC and its affiliates seek approval from the U.S. Bankruptcy Court for the Southern District of Texas to employ Centerview Partners LLC as investment banker. The firm will render these services: (a) General Financial Advisory and Investment Banking Services: (i) familiarize itself with the businesses, operations, properties, financial condition, and prospects of the Debtors; (ii) review the Debtors' financial condition and outlook; (iii) assist the Debtors in the development of financial data and presentations to their board of directors, various creditors, and other parties; (iv) evaluate the Debtors' debt capacity and capital structure alternatives; (v) participate in negotiations among the Debtors, and related creditors, suppliers, lessors, and other interested parties with respect to any of the transactions contemplated by the Engagement Letter; and (vi) perform such other financial advisory services as may be specifically agreed upon in writing by the Debtors and Centerview. (b) Restructuring Services: (i) analyze various Restructuring scenarios and the potential impact of those scenarios on the value of the Debtors; and the recoveries of those stakeholders impacted by the Restructuring; (ii) provide financial and valuation advice and assistance to the Debtors in developing and seeking approval of a Plan; (iii) provide financial advice and assistance to the Debtors in structuring any new securities to be issued pursuant to the Restructuring; (iv) assist the Debtors and/or participate in negotiations with entities or groups affected by the Restructuring; and (v) if requested by the Debtors, participate in hearings before the Court with respect to the matters upon which Centerview has provided advice; (c) Financing Services: (i) provide financial advice and assistance to the Debtors in structuring and effecting a Financing, identifying potential investors, and at their request, contacting such investors; and (ii) assist in the arranging of a Financing, the due diligence process and negotiating the terms of any proposed Financing. The firm will be paid at these following fees: (a) Monthly Fee: (i) $200,000 per month; (ii) after receipt of aggregate Monthly Advisory Fees of $1,200,000, 50 percent of the amount of any subsequent Monthly Advisory Fee paid to Centerview will be credited. (b) Transaction Fee - $17,500,000; (c) AmSty Sale Transaction Fee - $3,000,000 (d) Financing Fee: (i) 1.00 percent of the aggregate amount of financing commitments of any indebtedness issued that is secured by a first lien; (ii) 2.00 percent the aggregate amount of financing commitments of any indebtedness issued that is secured by a second or junior lien; (iii) 2.50 percent of the aggregate amount of financing commitments of any indebtedness issued that is unsecured and/or is subordinated; (iv) 3.75 percent the aggregate amount of financing commitments of any equity or equity-linked securities or obligations issued; and (v) 1.00 percent of the aggregate amount of financing commitments of any debtor-in possession financing. In addition, the firm will seek reimbursement for expenses incurred. Prior to the Petition Date, the Debtors paid Centerview $1,600,000 in Monthly Advisory Fees, $2,175,000 in Financing Fees, and $39,850.44 in expense retainers Karn Chopra, a partner at Centerview Partners, 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: Karn S. Chopra Centerview Partners LLC 31 West 52nd Street, 22nd Floor New York, NY 10019 About Trinseo PLC Trinseo PLC, headquartered in Wayne, Pa. -- https://www.trinseo.com/ -- is an international chemical and materials manufacturer specializing in plastics, latex binders, and synthetic rubber products. Its materials are used across industries such as automotive manufacturing, building and construction, electronics, and packaging, supporting a diversified industrial customer base worldwide. Trinseo PLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90115) on May 20, 2026. In its petition, the Debtor reports estimated assets and liabilities between $1 billion and $10 billion each. The Honorable Bankruptcy Judge Alfredo R. Perez handles the case. Latham & Watkins LLP is serving as Trinseo's legal advisor in the restructuring, supported by co-counsel Hunton Andrews Kurth LLP. The company also retained Centerview Partners LLC as investment banker and FTI Consulting as financial and communications advisor. Ernst & Young LLP as tax auditor and tax accountant and Kroll Restructuring Administration LLC as claims agent. Paul Hastings LLP and PJT Partners advised the Senior Secured Lenders. Gibson, Dunn & Crutcher LLP and Howley Law PLLC represent the OpCo 2028 Ad Hoc Group of lenders. Lazard Freres & Co. also represents the group. Gray Reed and Pallas Partners (US) LLP represent the Ad Hoc Group of Excluded OpCo Term Lenders. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Porter Hedges LLP represent an ad hoc group of holders of 7.625% Second Lien Senior Secured Notes due 2029. TRINSEO PLC: Seeks to Tap Hunton Andrews Kurth as Legal Co-Counsel ------------------------------------------------------------------ Trinseo PLC and its affiliates seek approval from the U.S. Bankruptcy Court for the Southern District of Texas to employ Hunton Andrews Kurth LLP as co-counsel. The firm will provide these services: (a) advise the Debtors with respect to their powers and duties in the continued management and operation of their business; (b) advise and consult on the conduct of the Chapter 11 cases; (c) attend meetings and negotiate with representatives of creditors and other parties in interest; (d) take all necessary actions to protect and preserve the Debtors' estates; (e) prepare pleadings in connection with the Chapter 11 cases; (f) represent the Debtors in connection with obtaining authority to use cash collateral and post-petition financing; (g) appear before the Court and any appellate courts to represent the interests of the Debtors' estates; (h) take any necessary actions on behalf of the Debtors to negotiate, prepare and obtain approval of a disclosure statement and confirmation of a Chapter 11 plan of reorganization and all documents related thereto; (i) advise the Debtors in connection with any sale of assets; (j) provide non-bankruptcy services to the Debtors to the extent they requested; and (k) perform all other necessary legal services for the Debtors in connection with the Chapter 11 cases. The firm's counsel and staff will be paid at these hourly rates: Partners $975 - $2,095 Counsel $810 - $2,230 Associates $400 - $1,225 Paraprofessionals $310 - $610 In addition, the firm will seek reimbursement for expenses incurred. Before the Petition Date, the Debtors paid the firm an aggregate amount of $229,546, which amount was comprised of: (a) an advance payment retainer in the amount of $200,000; and (b) a prepayment for estimated court-filing fees, including court-filing fees attributable to the filing of voluntary petitions for each of the Debtors. After the Petition Date, the Debtors paid the firm $48,170.50 in fees for services performed prior to the Petition Date. Timothy Davidson II, Esq., a partner at Hunton Andrews Kurth, also provided the following in response to the request for additional information set forth in Section D of the Revised U.S. Trustee Guidelines: Question: Did Hunton agree to any variations from, or alternatives to, Hunton's standard or customary billing arrangements for this engagement? Answer: No. Question: Do any of the Hunton professionals included in this engagement vary their rate based on the geographic location of the bankruptcy case? Answer: No. Question: If you represented the Debtors in the 12 months prepetition, disclose your billing rates and material financial terms for the prepetition engagement, including any adjustments during the 12 months prepetition. If Hunton's billing rates and material financial terms have changed post-petition, explain the difference and the reasons for the difference. Answer: Hunton's billing rates and material financial terms for its prepetition engagement of the Debtors are set forth in the Engagement Letter. Hunton's billing rates and material financial terms for Hunton's representation of the Debtors have not changed post-petition. Question: Have the Debtors approved Hunton's prospective budget and staffing plan, and, if so for what budget period? Answer: Hunton has not prepared a budget and staffing plan. Mr. Davidson 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: Timothy A. Davidson II, Esq. Hunton Andrews Kurth LLP 600 Travis Street, Suite 4200 Houston, TX 77002 About Trinseo PLC Trinseo PLC, headquartered in Wayne, Pa. -- https://www.trinseo.com/ -- is an international chemical and materials manufacturer specializing in plastics, latex binders, and synthetic rubber products. Its materials are used across industries such as automotive manufacturing, building and construction, electronics, and packaging, supporting a diversified industrial customer base worldwide. Trinseo PLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90115) on May 20, 2026. In its petition, the Debtor reports estimated assets and liabilities between $1 billion and $10 billion each. The Honorable Bankruptcy Judge Alfredo R. Perez handles the case. Latham & Watkins LLP is serving as Trinseo's legal advisor in the restructuring, supported by co-counsel Hunton Andrews Kurth LLP. The company also retained Centerview Partners LLC as investment banker and FTI Consulting as financial and communications advisor. Ernst & Young LLP as tax auditor and tax accountant and Kroll Restructuring Administration LLC as claims agent. Paul Hastings LLP and PJT Partners advised the Senior Secured Lenders. Gibson, Dunn & Crutcher LLP and Howley Law PLLC represent the OpCo 2028 Ad Hoc Group of lenders. Lazard Freres & Co. also represents the group. Gray Reed and Pallas Partners (US) LLP represent the Ad Hoc Group of Excluded OpCo Term Lenders. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Porter Hedges LLP represent an ad hoc group of holders of 7.625% Second Lien Senior Secured Notes due 2029. TRINSEO PLC: Special Committee Hires Triple P TRS as Advisor ------------------------------------------------------------ The special committee appointed in the Chapter 11 cases of Trinseo PLC and its affiliates seeks approval from the U.S. Bankruptcy Court for the Southern District of Texas to employ Triple P TRS, LLC as restructuring advisor. The firm's services include: (a) review and analyze the OpCo Debtors' business, operations, and financial projections; (b) review and investigate certain historical and related-party transactions of the OpCo Debtors and support the special committee's ongoing investigation into such transactions; (c) analyze and assess the OpCo Debtors' value allocation framework, methodologies and related financial model(s) in connection with a potential Restructuring; (d) if requested by counsel, attend court hearings, meetings with the special committee, the OpCo Debtors, and/or other stakeholders; (e) if requested by counsel, participate in hearings before the Court; (f) assist with such other matters as may be requested by counsel that are within Portage Point's financial advisory expertise and otherwise mutually agreeable to Portage Point and counsel. The firm will be paid at these hourly rates: CEO $1,500 Managing Director $920 - $1,045 Director $725 - $840 Vice President $565 - $705 Associate $390 - $470 In addition, the firm will seek reimbursement for expenses incurred. Prior to the Petition Date, the firm received advance payments totaling $982,887.50 from the Debtors. Thomas Studebaker, a managing director at Triple P TRS, disclosed in a court filing that he is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Thomas Studebaker Triple P TRS, LLC 300 North LaSalle, Suite 1420 Chicago, IL 60654 About Trinseo PLC Trinseo PLC, headquartered in Wayne, Pa. -- https://www.trinseo.com/ -- is an international chemical and materials manufacturer specializing in plastics, latex binders, and synthetic rubber products. Its materials are used across industries such as automotive manufacturing, building and construction, electronics, and packaging, supporting a diversified industrial customer base worldwide. Trinseo PLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90115) on May 20, 2026. In its petition, the Debtor reports estimated assets and liabilities between $1 billion and $10 billion each. The Honorable Bankruptcy Judge Alfredo R. Perez handles the case. Latham & Watkins LLP is serving as Trinseo's legal advisor in the restructuring, supported by co-counsel Hunton Andrews Kurth LLP. The company also retained Centerview Partners LLC as investment banker and FTI Consulting as financial and communications advisor. Ernst & Young LLP as tax auditor and tax accountant and Kroll Restructuring Administration LLC as claims agent. Paul Hastings LLP and PJT Partners advised the Senior Secured Lenders. Gibson, Dunn & Crutcher LLP and Howley Law PLLC represent the OpCo 2028 Ad Hoc Group of lenders. Lazard Freres & Co. also represents the group. Gray Reed and Pallas Partners (US) LLP represent the Ad Hoc Group of Excluded OpCo Term Lenders. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Porter Hedges LLP represent an ad hoc group of holders of 7.625% Second Lien Senior Secured Notes due 2029. TRINSEO PLC: Special Committee Taps Quinn Emanuel as Legal Counsel ------------------------------------------------------------------ The special committee appointed in the Chapter 11 cases of Trinseo PLC and its affiliates seeks approval from the U.S. Bankruptcy Court for the Southern District of Texas to employ Quinn Emanuel Urquhart & Sullivan, LLP as counsel. The firm will advise the special committee with respect to the claims and causes of action that Quinn Emanuel has, prior to the Petition Date, investigated and identified, and any claims and causes of action that Quinn Emanuel may later identify and investigate on behalf of the special committee, and to advise and assist the special committee with respect to any actions taken or proposed to be taken by the OpCo Debtors in relation to such actions. The firm's standard billing rates are as follows: Partner $2,915 Of Counsel $2,085 Associate $1,035 In addition, the firm will seek reimbursement for expenses incurred. The firm received $1,947,628 in fees and $7,263.09 in costs for work from January 12, 2026 through the Petition Date. The firm also received an evergreen retainer of $200,000, subject to monthly replenishment. Susheel Kirpalani, Esq., a partner at Quinn Emanuel Urquhart & Sullivan, provided the following in response to the request for additional information set forth in Section D of the Revised U.S. Trustee Guidelines: Question: Did the firm agree to any variations from, or alternatives to, its standard billing arrangements for this engagement? Answer: No. Question: Do any of the firm's professionals in this engagement vary their rate based on the geographical location of the Debtors' Chapter 11 case? Answer: No. Question: If the firm has represented the Debtors in the 12 months pre-petition, disclose its billing rates and material financial terms for the prepetition engagement, including any adjustments during the 12 months prepetition. If the firm's billing rates and material financial terms have changed post-petition, explain the difference and the reasons for the difference. Answer: Quinn Emanuel was retained effective as of January 12, 2026, prior to the Petition Date. The firm's billing rates and material financial terms for the pre-petition engagement are disclosed in the Engagement Letter attached to the Application as Exhibit B. Quinn Emanuel's billing rates and material financial terms have not changed post-petition, except that the Evergreen Retainer requirement set forth in the Engagement Letter has been waived to comport with normal course bankruptcy practices with respect to the payment of professional fees. Question: Have the Debtors approved Quinn Emanuel's budget and staffing plan, and if so, for what budget period? Answer: The OpCo Debtors have not requested a budget and/or staffing plan from Quinn Emanuel. The case is already the subject of litigation and ongoing discovery that Quinn Emanuel is handling for the Special Committee. Quinn Emanuel will work to keep costs down in a manner consistent with fulfilling its responsibilities to the special committee, and will use its best efforts to avoid any duplication of services. Ms. Kirpalani 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: Susheel Kirpalani Quinn Emanuel Urquhart & Sullivan, LLP 295 5th Avenue, 9th Floor New York, NY 10016 About Trinseo PLC Trinseo PLC, headquartered in Wayne, Pa. -- https://www.trinseo.com/ -- is an international chemical and materials manufacturer specializing in plastics, latex binders, and synthetic rubber products. Its materials are used across industries such as automotive manufacturing, building and construction, electronics, and packaging, supporting a diversified industrial customer base worldwide. Trinseo PLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-90115) on May 20, 2026. In its petition, the Debtor reports estimated assets and liabilities between $1 billion and $10 billion each. The Honorable Bankruptcy Judge Alfredo R. Perez handles the case. Latham & Watkins LLP is serving as Trinseo's legal advisor in the restructuring, supported by co-counsel Hunton Andrews Kurth LLP. The company also retained Centerview Partners LLC as investment banker and FTI Consulting as financial and communications advisor. Ernst & Young LLP as tax auditor and tax accountant and Kroll Restructuring Administration LLC as claims agent. Paul Hastings LLP and PJT Partners advised the Senior Secured Lenders. Gibson, Dunn & Crutcher LLP and Howley Law PLLC represent the OpCo 2028 Ad Hoc Group of lenders. Lazard Freres & Co. also represents the group. Gray Reed and Pallas Partners (US) LLP represent the Ad Hoc Group of Excluded OpCo Term Lenders. Paul, Weiss, Rifkind, Wharton & Garrison LLP and Porter Hedges LLP represent an ad hoc group of holders of 7.625% Second Lien Senior Secured Notes due 2029. TWBEDMONDS LLC: Seeks to Tap James Dickmeyer as Bankruptcy Counsel ------------------------------------------------------------------ TWBEdmonds, LLC seeks approval from the U.S. Bankruptcy Court for the Western District of Washington to employ James E. Dickmeyer, PC as counsel. The firm will render these services: (a) prosecute actions on behalf of the estate as may be appropriate; (b) advise the Debtor concerning the administration of the estate; (c) assist in the formulation of a reorganization plan; and otherwise (d) represent the Debtor in the performance of all duties and its obligations. The firm will be paid at its standard hourly rate of $500, plus reimbursement. James Dickmeyer, Esq., disclosed in a court filing that his firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: James E. Dickmeyer, Esq. James E. Dickmeyer, PC 321 1st Avenue West Seattle, WA 98119 Telephone: (425) 889-2324 About TWBEdmonds LLC TWBEdmonds, LLC sought relief under Subchapter V of Chapter 11 of the U.S. Bankruptcy Code (Bankr. W.D. Wash. Case No. 26-11729) on May 26, 2026. In its petition, the Debtor reported under $1 million in both assets and liabilities. Honorable Bankruptcy Judge Timothy W. Dore handles the case. The Debtor is represented by James E. Dickmeyer, Esq., at James E. Dickmeyer, PC. U.S. TELEPACIFIC: Plan Confirmation Hearing Scheduled for Sept. 2 ----------------------------------------------------------------- Judge Alfredo R. Perez of the U.S. Bankruptcy Court for the Southern District of Texas U.S. Telepacific Corp. conditionally approved the Disclosure Statement relating to the Chapter 11 Plan of U.S. TelePacific Corp. and its debtor affiliates. The Disclosure Statement is conditionally approved as containing adequate information in accordance with section 1125 of the Bankruptcy Code and is subject to final approval of the Bankruptcy Court at the Combined Hearing. Use of the Disclosure Statement in the Debtors' solicitation of acceptances of the Plan is approved. The Combined Hearing, at which the Bankruptcy Court will consider, among other things, final approval of the adequacy of the Disclosure Statement and confirmation of the Plan, shall be held on September 2, 2026, at 11:00 a.m. (prevailing Central Time). Any objections to the adequacy of the Disclosure Statement and confirmation of the Plan must be filed on or before August 26, 2026. The Cure Objection Deadline for counterparties to an Executory Contract or Unexpired Lease to object to proposed assumption or cure amounts shall be July 21, 2026 at 4:00 p.m. (prevailing Central Time). As reported by the Troubled Company Reporter, citing Bondoro, U.S. TelePacific Corp., doing business as TPx Communications, and its affiliates filed for Chapter 11 protection after determining that their debt burden had become unsustainable despite stable operating performance. The Austin-based provider of managed communications, cybersecurity, and IT services said earlier restructurings improved operations but failed to generate enough revenue growth to support approximately $1.1 billion of funded debt. As liquidity pressures mounted, the company negotiated successive forbearance agreements with its lenders and obtained a $20 million superpriority bridge loan to preserve operations. It also hired PJT Partners to explore strategic alternatives, contacting 65 prospective buyers in a marketing effort that ultimately produced nine proposals, none of which resulted in an actionable transaction before bankruptcy, the report stated. The Chapter 11 filing establishes a dual-track restructuring process under which the company will either complete a Section 363 sale or reorganize through a lender-backed recapitalization. The proposed restructuring would eliminate roughly $1 billion of funded debt, leaving approximately $129 million outstanding through debt conversions, warrant issuances, and preferred equity investments supported by existing stakeholders, Bondoro reported. To support operations during the bankruptcy, TPx received interim approval for a $73.5 million debtor-in-possession financing facility. Court filings list assets of $500 million to $1 billion and liabilities of $1 billion to $10 billion, with the company stating that unsecured creditors are expected to receive recoveries under its restructuring plan, according to report. A copy of the Court's Order dated July 7, 2026, is available at http://urlcurt.com/u?l=jWEm6Zfrom Pacermonitor.com. About U.S. TelePacific Corp. U.S. TelePacific Corp., doing business as TPx Communications, is an Austin, Texas-based managed communications services provider offering managed IT, unified communications, cybersecurity, networking, internet connectivity, cloud, and voice solutions to businesses across the United States. The company primarily serves small and mid-sized enterprises through a nationwide fiber and IP network, delivering integrated technology and communications services designed to support business operations. U.S. TelePacific Corp. and affiliates sought relief under Chapter 11 of the Bankruptcy Code (Bankr. S.D. Tex. Lead Case No. 26-90625) on June 28, 2026. In its petition, U.S. TelePacific listed assets of $500 million to $1 billion and liabilities of $1 billion to $10 billion. Bankruptcy Judge Alfredo R. Perez handles the cases. Sidley Austin LLP, led by Ishani Patel, is serving as the Debtors' counsel. The restructuring team also includes Triple P TRS, LLC, and Steven Shenker as financial advisor and chief restructuring officer, PJT Partners, Inc., as investment banker, Katten Muchin Rosenman LLP as special counsel, and Kroll Restructuring Administration LLC as claims agent. UNITED RENTALS: S&P Alters Outlook to Positive, Affirms 'BB+' ICR ----------------------------------------------------------------- S&P Global Ratings revised the outlook on United Rentals Inc. to positive from stable. S&P said, "We also affirmed all our ratings, including our 'BB+' issuer credit ratings on the company and its subsidiary United Rentals (North America) Inc., 'BBB-' issue-level rating on the senior secured debt, and 'BB+' issue-level rating on the unsecured debt. "The positive outlook reflects our expectation that we could raise the rating to 'BBB-' within the next 12 months or less if United Rentals sustains its strong operating performance and conservative financial policy, allowing leverage to remain below 3x through the cycle." United Rentals continues to deliver solid operating performance amid favorable industry fundamentals, with a demonstrated track record of lower leverage. S&P expects the company to maintain its conservative financial policy going forward, leading to S&P Global Ratings-adjusted leverage of 2x-3x through the cycle, including future acquisitions and share repurchases. The outlook revision reflects S&P's expectation that United Rentals will likely maintain credit metrics commensurate with a 'BBB-' rating, including leverage comfortably below 3x over the next 12-24 months. This is supported by the company's increasingly stable earnings profile and disciplined financial management. United Rentals has maintained leverage below 3x since 2019 while completing numerous acquisitions during this time period, including several large companies like BlueLine Rental (2018), Ahern Rentals (2022), and Yak Access (2024). As of March 31, 2026, the company's last-12-months S&P Global Ratings-adjusted debt to EBITDA was 2.0x. Given its increased scale--with annual EBITDA approaching $8 billion and free operating cash flow (FOCF) in excess of $2 billion--there is ample headroom for the company to maintain leverage below 3x while providing ample flexibility to fund acquisitions without compromising credit metrics. Furthermore, the equipment rental industry has undergone consolidation. As such, S&P believes future inorganic growth prospects are likely to be focused on small- to medium-sized targets. In the event of a substantially large debt-funded acquisition, the company would likely reduce share repurchases to preserve cash and maintain its leverage profile. In addition, United Rentals has the capacity to absorb a potential cyclical downturn in the equipment rental market given its greater scale and exposure to the less-cyclical specialty equipment market. The company has gradually increased its specialty equipment offering, including site services and tools, to over 35% in 2025 from about 7% of total revenue in 2012, leading to a more stable margin profile. This supported the company in 2020, when it preserved EBITDA margins despite pandemic-related end-market volatility reducing revenue by about 9%. It was also able to continually generate positive FOCF due to its ability to quickly reduce fleet purchases. S&P said, "While there has not been a large downturn in the broader construction markets since 2008, we believe United Rentals could deploy the same countermeasures to limit volatility in its credit metrics if such an event occurs. "We forecast 5%-6% percent organic revenue growth, stable EBITDA margins, and strong FOCF in 2026 and 2027. We expect continued rental demand from large project activity, along with the company's fleet expansion, to grow revenue 5%-6% in 2026 and 2027. Despite mixed sentiment in the wider nonresidential construction market and a still-soft local market, mega project buildout will likely benefit United Rentals over the near term. In addition, we expect the company will continue investing in its fleet through new stores and enhanced specialty offerings. "We anticipate EBITDA margins to remain 47%-48% over the next two years as higher revenue supports operating leverage, offsetting normalizing used equipment segment margins. United Rentals will likely generate FOCF of at least $2 billion annually and will balance shareholder returns with opportunistic acquisitions. "The positive outlook reflects our expectation that we could raise the rating to 'BBB-' within the next 12 months or less if United Rentals sustains its strong operating performance and conservative financial policy, allowing it to maintain leverage comfortably below 3x through the cycle. "We could revise the outlook to stable if the company undertakes large debt-funded acquisitions or shareholder rewards such that leverage exceeds 3x, deviating from its financial policy. "We could raise the rating on United Rentals if it sustains its strong operating performance and conservative financial policy, maintaining leverage below 3x through the cycle." VEGA ROOFING: Gets Interim OK to Use Cash Collateral ---------------------------------------------------- Vega Roofing Solutions, LLC got the green light from the U.S. Bankruptcy Court for the Middle District of Florida, Fort Myers 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 July 29. Before filing bankruptcy, the Debtor obtained financing from merchant cash advance lenders including LiftFund Inc., Fora Financial Advance, LLC, and Specialty Capital, LLC. These lenders may assert secured claims totaling approximately $232,400 under various promissory notes, security agreements, and UCC-1 financing statements, although none had filed proofs of claim as of June 25. The MCA lenders may claim perfected security interests in substantially all of the Debtor's personal property, including vehicles and trailers valued at approximately $33,000, inventory and roofing materials valued at roughly $4,575, and accounts receivable, cash, and cash deposits totaling approximately $9,660. The Debtor acknowledges that these lenders may contend that the cash and related assets constitute cash collateral subject to their liens. As adequate protection, the Debtor offers granting the MCA lenders replacement liens on post-petition collateral that would match the extent, validity, priority, and value of any prepetition liens they held. The Debtor describes these as floating liens that would continue to attach to post-petition collateral notwithstanding 11 U.S.C. Section 552, thereby preserving the lenders' secured position while allowing the Debtor to use cash collateral in the ordinary course of business. About Vega Roofing Solutions LLC Vega Roofing Solutions, LLC sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D. Fla. Case No. 26-01499) on June 18, 2026, with assets of up to $50,000 and liabilities of between $100,001 and $500,000. Judge Luis Ernesto Rivera II presides over the case. Jonathan M. Bierfeld, Esq., at Martin Law Firm Pl represents the Debtor as legal counsel. VICTORIA HOSPICE: Commences Chapter 11 Bankruptcy in California --------------------------------------------------------------- On July 8, 2026, Victoria Hospice Services, Inc. filed for Chapter 11 Small Business protection in the U.S. Bankruptcy Court for the Central District of California. According to court filings, the Debtor reports between $500,000 and $1 million in liabilities owed to 1-49 creditors. About Victoria Hospice Services, Inc. Victoria Hospice Services, Inc. is a Whittier, California-based hospice care provider. The company operates a licensed hospice facility, maintains Medicare-certified provider status, and delivers end-of-life and palliative care services to patients throughout Los Angeles and Orange counties. Regulatory records indicate the organization remained compliant with the fiscal year 2026 Medicare annual payment update. Victoria Hospice Services, Inc. sought relief under Chapter 11 Small Business of the U.S. Bankruptcy Code (Bankr. C.D. Cal. Case No. 26-16812) on July 8, 2026. In its petition, the Debtor reports estimated assets of $500,000 to $1 million and estimated liabilities of $500,000 to $1 million. The Honorable Barry Russell handles the case. The Debtor is represented by Thomas J. Polis of Polis & Associates, APLC. VINTRENDI WINE: Court Extends Cash Collateral Access to July 30 --------------------------------------------------------------- Vintrendi Wine Company received seventh interim approval from the U.S. Bankruptcy Court for the Northern District of Illinois, Eastern Division, to use cash collateral to fund operations. The court authorized the Debtor to use cash collateral through July 30 within the budgeted amounts, plus 10% or as agreed by the lien claimants. The lien claimants include the U.S. Small Business Administration, Funding Circle USA, Liberty Bank, WebBank as Shopify, and Byzfunder NY, LLC. As adequate protection, the lien claimants will be granted replacement liens on the cash collateral and all property acquired by the Debtor after the petition date similar to their pre-bankruptcy collateral. These replacement liens will have the same priority and extent as the lien claimants' pre-bankruptcy liens. The next hearing is set for July 29. The deadline for filing objections is on July 24. The interim order is available at https://short.do/Bi0Llk from PacerMonitor.com. About Vintrendi Wine Company Vintrendi Wine Company is a wine manufacture in Illinois. Vintrendi sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. N.D. Ill. Case No. 25-18650) on December 4, 2025, with up to $100,000 in assets and up to $1 million in liabilities. Rickey Nesbitt, president of Vintrendi, signed the petition. Judge David D. Cleary oversees the case. Gregory K. Ster, Esq., at Gregory K. Stern, P.C., represents the Debtor as legal counsel. VIRIDIS CHEMICAL: Judge Approves Ch. 11 Reorg. Plan After Sale -------------------------------------------------------------- Alex Wittenberg of Law360 Bankruptcy Authority reports that on Wednesday, July 8, 2026, s Texas bankruptcy court has approved the Chapter 11 liquidation plan of Viridis Chemical LLC, allowing the bio-based chemical technology company to proceed with distributing proceeds from the sale of most of its assets. The confirmation comes more than a month after the debtor completed a court-approved asset sale as part of its restructuring strategy. The company entered Chapter 11 earlier this year after financial difficulties stemming from the costly relocation of its production facility from Nebraska to Illinois. Burdened with more than $17 million in debt, Viridis opted to market and sell substantially all of its assets to preserve value for creditors, the report relays. Confirmation of the liquidation plan enables the company to implement the remaining steps of its wind-down process, including distributions to creditors under the priorities established by the Bankruptcy Code. The case now moves into its final phase as the estate is administered, according to report. About Viridis Chemical LLC Viridis Chemical, LLC is a bio-based chemical technology company in Kingwood, Texas. Viridis Chemical and four affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Texas Lead Case No. 26-90393) on March 8, 2026. In its petition, Viridis Chemical reported $10 million to $50 million in both assets and liabilities. Bankruptcy Judge Christopher M. Lopez handles the cases. The Debtors are represented by Paul E. Heath, Esq., and Matthew David Struble, Esq., at Vinson & Elkins, LLP; Carl Marks Advisory Group, LLC as investment banker and financial advisor; and Epiq Corporate Restructuring, LLC as notice, claims and solicitation agent. VIVOS THERAPEUTICS: Raises $2.1 Million in PIPE Deal ---------------------------------------------------- Vivos Therapeutics, Inc. raised about $2.1 million through a private placement of preferred stock, warrants and subscription rights, according to a Form 8-K filed with the Securities and Exchange Commission. The company sold 3,608,496 units at $0.582 per unit to V-Co Investors 4 LLC and Bigger Capital Fund LP under a June 30, 2026, securities purchase agreement. Vivos said the purchase price included about $1 million in cash proceeds and the automatic conversion of a $1 million bridge note from V-Co 4, excluding a $100,000 original issue discount. The company said it expects to use the net proceeds for general working capital. Each unit included one Series A convertible preferred share with a stated value of $0.456, warrants to buy the common shares issuable upon conversion of the preferred stock and two transferable subscription rights. The subscription rights are conditioned on Securities and Exchange Commission effectiveness of a registration statement. V-Co 4 is a greater than 9.99% stockholder and is deemed an affiliate of the company. Chief Executive Officer R. Kirk Huntsman participated indirectly through V-Co 4 for about $50,000. About Vivos Therapeutics, Inc. Vivos Therapeutics, Inc., is a revenue-stage medical technology and health-care services company focused on oral appliances and therapeutic treatments for dentofacial abnormalities associated with breathing and sleep disorders. Its Vivos Method and related appliances are used to treat conditions including obstructive sleep apnea and snoring in adults. The company's patented C.A.R.E. oral appliances had been used in about 60,000 patients worldwide by more than 2,000 trained dentists, with additional patients treated through other appliance lines. In an audit report dated April 15, 2026, Baker Tilly US, LLP included a going-concern paragraph, citing recurring losses from operations that raised substantial doubt about the company's ability to continue as a going concern. As of March 31, 2026, Vivos Therapeutics reported total assets of $25.04 million, total liabilities of $26.31 million and total stockholders' deficit of $1.27 million. WARRIOR TECHNOLOGY: Seeks to Tap Loeb & Loeb as Bankruptcy Counsel ------------------------------------------------------------------ Warrior Technology, LLC seeks approval from the U.S. Bankruptcy Court for the Southern District of Texas to employ Loeb & Loeb LLP as counsel. The firm will render these services: (a) advise the Debtor with respect to its powers and duties in the continued management and operation of its business and properties; (b) advise and consult on the conduct of this Chapter 11 case; (c) attend meetings and negotiate with representatives of creditors and other parties in interest; (d) take all necessary actions to protect and preserve the Debtor's estate; (e) analyze issues regarding perfection and valuation issues regarding any unencumbered assets; (f) prepare pleadings in connection with this Chapter 11 case; (g) analyze proofs of claim filed against the Debtor and potential objections to such claims; (h) appear before the Court and any appellate courts to represent the interests of the Debtor's estate; (i) take any necessary action on behalf of the Debtor to assist in the negotiation, preparation and approval of a disclosure statement and confirmation of a Chapter 11 plan and all documents related thereto; and (j) perform all other necessary legal services for the Debtor in connection with the prosecution of this Chapter 11 case. The firm will be paid at these hourly rates: Bernard Given II, Attorney $985 Bethany Simmons, Attorney $985 Associates $785 - $850 Paraprofessionals $495 In addition, the firm will seek reimbursement for expenses incurred. The firm currently holds a retainer in the amount of $50,000. Mr. Given 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: Bernard Given II, Esq. Loeb & Loeb LLP 10100 Santa Monica Boulevard, Suite 2200 Los Angeles, CA 90067 Telephone: (310) 282-2000 About Warrior Technology LLC Warrior Technology, LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. S.D. Tex. Case No. 26-33562) on May 21, 2026. In its petition, the Debtor disclosed up to $50 million in assets and up to $100 million in liabilities. Judge Alfredo R. Perez oversees the case. The Debtor is represented by Bernard Given II, Esq., at Loeb & Loeb LLP. WEST ATLANTA: Seeks Chapter 11 Bankruptcy in Georgia ---------------------------------------------------- On July 6, 2026, West Atlanta LLC filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Northern District of Georgia. A meeting of creditors under Section 341(a) to be held on August 6, 2026 at 09:00 AM via Telephone conference. To attend, Dial 888-330-1716 and enter access code 6960876. The court set January 4, 2027, as the deadline for the debtor to file its Small Business Chapter 11 Plan and accompanying Disclosure Statement. About West Atlanta LLC West Atlanta LLC is a Georgia-based limited liability company. West Atlanta LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. Case No. 26-58685) on July 6, 2026. In its petition, the debtor reported estimated assets and liabilities as disclosed in the filing. WEST MARINE: Portage Point Pegs Enterprise Value at $237.5MM ------------------------------------------------------------ Triple P Securities, LLC d/b/a Portage Point, West Marine Inc.'s investment banker, performed an analysis on the going-concern value of the Reorganized Debtors as of an assumed Effective Date at the Debtors' request. Based on the Valuation Analysis, the enterprise value of the Reorganized Debtors is estimated to be within the range of approximately $215 million to $260 million on an assumed Effective Date of Aug. 28, 2026, with an estimated midpoint of $237.5 million. According to Portage Point, the range of total equity value. which takes into account the total Enterprise Value less the estimated net debt outstanding as of the Effective Date, is estimated by Portage Point to be within the range of approximately $110.9 million to $155.9 million, with an estimated midpoint of $133.4 million. The analysis has been prepared for the Debtors’ sole use and is based on information provided to Portage Point by the Debtors. The implied total Enterprise Value of the Reorganized Debtors should be considered as a whole, and the underlying analyses should not be considered indicative of the values of any individual operation of the Reorganized Debtors. The valuation is based upon information available to, and analyses undertaken by, Portage Point as of June 18, 2026, and reflects, among other factors, the current financial market conditions and the inherent uncertainty today as to the achievement of the Financial Projections. The value of an operating business is subject to uncertainties and contingencies that are difficult to predict and will fluctuate with changes in factors affecting the financial conditions and prospects of such a business. As reported by Troubled Company Reporter, West Marine submitted a Disclosure Statement describing the Debtors' Amended Joint Plan of Reorganization dated June 23, 2026. The Plan contemplates either (a) a standalone recapitalization of the Company's balance sheet or (b) a sale of some, all, or substantially all of the Debtors' Assets pursuant to a Sale Transaction. The Debtors commenced these Chapter 11 Cases with the support of these Consenting Stakeholders: -- holders of 100% of outstanding FILO Claims under the ABL Credit Agreement, -- holders of 96.2% of Term Loan Claims under the Term Loan Credit Agreement (which support has since increased to approximately 98.6%,), and -- certain equity holders holding 93.9% of outstanding Interests in West Marine (which support has since increased to approximately 96.3%, The parties entered into a restructuring support agreement on May 17, 2026. The RSA contemplates the payment of a pro rata share of $250,000 ("GUC Cash") to Holders of Allowed General Unsecured Claims if Class 6 votes to accept the Plan; provided that in the event of a Sale Transaction, Holders of Allowed General Unsecured Claims would receive their pro rata share of any Distributable Value following full payment or satisfaction, as applicable, of Claims in Classes 1, 2, 3, 4, and 5 to the extent greater than the GUC Cash. The proposed Plan contemplates that the Debtors will pursue a balance sheet recapitalization unless the Debtors determine that a Sale Transaction is in the best interest of the Debtors and their stakeholders. If the Recapitalization Transaction is consummated, the Restructuring Transactions will deleverage the Debtors' funded debt by over $300 million through (i) the equitization of Term Loan Claims in exchange for 100% of the equity interests in Reorganized West Marine., subject to dilution by the Management Incentive Plan (if any), (ii) the payment in full of the ABL Claims or conversion into loans under the Exit ABL Facility, and (iii) the payment in full of the FILO Claims or conversion into loans under the Exit Term Loan Facility. The Debtors intend to emerge from these Chapter 11 Cases having: (i) equitized approximately $251.2 million of funded debt obligations, (ii) obtained access a new, committed $7.5 million post-emergence exit facility, which may be upsized to $10 million and with built-in capacity for up to another $15 million of funding after emergence, (iii) addressed the Company's approximately $55 million of annual lease expenses; and (iv) provided Holders of General Unsecured Claims with a distribution in the form of their pro rata share of the GUC Cash that they otherwise would not be entitled to under a hypothetical liquidation, provided that Class 6 (General Unsecured Claims) votes to accept the Plan. If a Sale Transaction is consummated, (a) the Debtors' existing ABL Lenders would receive their pro rata share of (i) the Prepetition ABL Priority Distributable Value and (ii) following full payment or satisfaction of the Term Loan Claims, the Term Priority Distributable Value; (b) the Debtors' existing FILO Lenders would receive their pro rata share of (i) following full payment or satisfaction of the Prepetition ABL Claims, the ABL Priority Distributable Value and (ii) following full payment or satisfaction of the Term Loan Claims and Prepetition ABL Claims, the Term Priority Distributable Value, (c) the Debtors' existing Term Loan Lenders would receive their pro rata share of (i) following full payment or satisfaction of the Prepetition ABL Claims and Prepetition FILO Claims, the ABL Priority Distributable Value and (ii) the Term Priority Distributable Value, and (d) Holders of General Unsecured Claims would receive the greater of (i) the GUC Cash, provided, however, that if Class 6 (General Unsecured Claims) votes to reject the Plan, Holders of General Unsecured Claims will receive no distribution, or (ii) the Distributable Value following full payment or satisfaction of claims in Classes 1-5. Class 6 consists of General Unsecured Claims. On the Effective Date, except to the extent that a Holder of an Allowed General Unsecured Claim agrees to less favorable treatment of its Allowed General Unsecured Claim, in full and final satisfaction, settlement, release, and discharge of each Allowed General Unsecured Claim, each Holder of an Allowed General Unsecured Claim shall receive: * if the Recapitalization Transaction occurs (a) if Class 6 (General Unsecured Claims) votes to accept the Plan, its pro rata share of the GUC Cash, or (b) if Class 6 (General Unsecured Claims) votes to reject the Plan, all Allowed General Unsecured Claims shall be canceled, released, and extinguished and will be of no further force or effect, and Holders of Allowed General Unsecured Claims shall not receive any distribution, property, or other value under the Plan on account of such Allowed General Unsecured Claim; or * if the Sale Transaction occurs, the greater of (a) the GUC Cash; provided, however, if Class 6 (General Unsecured Claims) votes to reject the Plan, all Allowed General Unsecured Claims shall be canceled, released, and extinguished and will be of no further force or effect, and Holders of Allowed General Unsecured Claims shall not receive any distribution, property, or other value under the Plan on account of such Allowed General Unsecured Claim or (b) the Distributable Value following full payment or satisfaction, as applicable of Claims in Classes 1, 2, 3, 4, and 5; provided, however, that in no event shall any Holder of a General Unsecured Claim receive, on account of such Claim, a recovery greater than 100% of the Allowed amount of such Claim. The allowed unsecured claims total $99.3 to 109.2 million. This Class will receive a distribution of 0.2% to 0.3% of their allowed claims. If the Recapitalization Transaction occurs, the Reorganized Debtors shall fund or make distributions under the Plan, as applicable, with: (i) the New Equity Interests, (ii) the Exit ABL Facility, (iii) the Exit Term Loan Facility, including the New Money Exit Term Loans and Incremental Post Exit Loans, and (iv) the Debtors' Cash on hand as of the Effective Date. If the Sale Transaction occurs, the Wind-Down Debtors will fund distributions under the Plan with: (i) the proceeds of the Sale Transaction; (ii) Cash on hand on the Effective Date; and (iii) the revenues and proceeds of all Wind-Down Assets of the Debtors. The Bankruptcy Court has granted conditional approval to the Disclosure Statement explaining the Plan. A hearing to consider final approval of the Disclosure Statement and Confirmation of the Debtors' Joint Chapter 11 Plan is scheduled for Aug. 11, 2026 at 10:00 a.m. in Wilmington, Del. Plan objections are due by Aug. 3. A full-text copy of the Disclosure Statement dated June 23, 2026 is available at https://urlcurt.com/u?l=JOIwWW from Kurtzman Carson Consultants LLC, claims agent. About West Marine West Marine Inc. is a U.S.-based marine retail company specializing in boating, fishing and marine maintenance products. Established in 1968, the company operates one of the country's largest networks of boating supply stores, offering products ranging from marine electronics and navigation tools to fishing accessories, apparel and safety equipment. West Marine Inc. and certain of its affiliates sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Del. Lead Case No. 26-10794) on May 17, 2026. The Debtors listed $500 million to $1 billion in estimated assets and liabilities. The petition was signed by Paulee Day as chief executive officer. The Debtors hired Kirkland & Ellis LLP and Young Conaway Stargatt Taylor, LLP, as restructuring counsel. The Debtors tapped Triple P Securities, LLC as their investment banker. FTI Consulting Inc. is the Debtors' restructuring advisor. The Debtors' claims and the noticing agent is Kurtzman Carson Consultants LLC dba Verita Global. Hilco Merchant Resource LLC and Hilco Real Estate LLC are the Debtors' real estate advisor and liquidator. The Official Committee of Unsecured Creditors retained Province, LLC as financial advisor; Kelley Drye & Warren LLP as Lead and Ice Miller LLP as Delaware Counsel. Milbank LLP and Richards, Layton & Finger, P.A. represent an Ad Hoc Group of Consenting Stakeholders of loans to and equity interests in Rising Tide Holdings Inc. WESTSIDE TOW: Hires Nelson Comis Kettle as Bankruptcy Counsel ------------------------------------------------------------- Westside Tow & Transport, Inc. seeks approval from the U.S. Bankruptcy Court for the Central District of California to hire Nelson Comis Kettle & Kinney LLP as its general bankruptcy counsel. The firm's services include: (1) advice and assistance regarding compliance with the requirements of the Office of the U.S. Trustee; (2) advice regarding matters of bankruptcy law, including the rights and remedies of the Debtor in regard to its assets and with respect to the claims of creditors; (3) prepare and assist in the preparation of reports, accounts and pleadings; (4) advice concerning the requirements of the Bankruptcy Code and applicable rules; (5) assist with the negotiation, formulation, confirmation and implementation of a Chapter 11 liquidating plan; and (6) make any appearances in the Bankruptcy Court on behalf of the Debtor, and take such other action and perform such other services as the Debtor may require. The firm will be paid at these rates: Partners $350 to $500 per hour Paralegals $125 to $225 per hour Legal Assistants $85 to $100 per hour Litigation Clerks $60 to $85 per hour The firm received from the Debtor an advance fee retainer of $10,000. The firm will also be reimbursed for reasonable out-of-pocket expenses incurred. William Winfield, Esq., a partner at Nelson Comis, disclosed in court filings that his firm does not have interests materially adverse to the interests of the Debtor's estate, creditors and equity security holders. The firm can be reached through: William E. Winfield, Esq. Nelson Comis Kettle & Kinney LLP 300 East Esplanade Dr., Suite 1170 Oxnard, CA 93036 Tel: (805) 604-4106 Email: wwinfield@calattys.com About Westside Tow & Trucking Inc. Westside Tow & Trucking Inc. is a Los Angeles area towing and trucking company. Westside Tow & Trucking sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. C.D. Calif. Case No. 25-11352) on October 8, 2025. In its petition, the Debtor reported between $1 million and $10 million in assets and liabilities. Honorable Bankruptcy Judge Ronald A. Clifford III handles the case. The Debtor is represented by Tamar Terzian, Esq., of Terzian Law Group, APC. Harvest Business Bank, LLC, as secured creditor, is represented by Raffi Khatchadourian, Esq., at Hemmar, Rousso, and Heald, LLP. WHOLESALE PROPERTY: Carbondale Property Sale to G. & J. Liboy OK'd ------------------------------------------------------------------ The U.S. Bankruptcy Court for the Middle District of Florida, Jacksonville Division, has granted Wholesale Property Depot LLC to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor's Property is located at 9414 Carbondale Dr. E, Jacksonville, FL 32208. The Debtor is a Florida limited liability company, wholly owned and managed by Clay Jones and Erby Beauvais. The Debtor has operated the real estate business continuously since March of 2016. On June 25, 2026, the Debtor entered into a Purchase and Sale Agreement with Gabriela Michelle Ruiz Liboy and Javier Alexis Ruiz Liboy or assigns in the purchase price of $275,000.00. The Debtor has determined that a sale of the property would result in an efficient and cost-effective manner of disposing of the estate's interest in the assets, while simultaneously creating a benefit to the bankruptcy estate and creditors of the Debtor. The Court has authorized the Debtor to sell the Property to Gabriela Michelle Ruiz Liboy and Javier Alexis Ruiz Liboy or any assigns. The liens of the Shellpoint Mortgage and Duval County Tax Collector shall paid in full at closing from the sale of the property from any closing proceeds received by the Debtor. The Debtor shall file with the Court a proposed HUD-1 closing statement prior to the sale of the real property and a final HUD-1 form after the sale of the real property. All net proceeds from the sale of the real property shall be deposited in the Debtor in Possession account of the Debtor immediately after closing. The sale made is "AS-IS WHERE IS WITH ALL FAULTS" and shall be by Assignment and/or instrument of conveyance as appropriate, with no warranties of title whatsoever. The Debtor is authorized to execute whatever documents as may be necessary to consummate the sale. About Wholesale Property Depot LLC Wholesale Property Depot, LLC is a Jacksonville, Fla.-based real estate investment and wholesaling firm that, doing business as Pay Cash 4 Houses, sources, negotiates and assigns off-market residential property deals for investors across Duval County, Orange Park and St. Johns County. Wholesale Property Depot LLC is a Florida limited liability company, wholly owned and managed by Clay Jones and Erby Beauvais. Wholesale Property Depot sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D.Fla. Case No.: 3:26-bk-02885-JAB) on June 29, 2026. Bryan K. Mickler at Mickler & Mickler, represents the Debtor as legal counsel. WHOLESALE PROPERTY: Jacksonville Property Sale to Oakwood OK'd -------------------------------------------------------------- The U.S. Bankruptcy Court for the Middle District of Florida, Jacksonville Division, has granted Wholesale Property Depot LLC to sell Property, free and clear of liens, claims, interests, and encumbrances. The Debtor's Property is located at 2329 Belote Pl, Jacksonville, FL 32207. The Debtor is a Florida limited liability company, wholly owned and managed by Clay Jones and Erby Beauvais. The Debtor has operated the real estate business continuously since March of 2016. The Debtor entered into a Purchase and Sale Agreement with Oakwood Property Holdings, LLC or assigns in the purchase price of $560.000.00. The Court has authorized the Debtor to sell the Property to Oakwood Property Holdings. The mortgage lien held by Kiavi Funding, Inc. shall be paid in full at the closing of the sale of the property pursuant to an unexpired payoff statement provided by Kiavi Funding, Inc. The payoff funds shall be wired to Kiavi Funding, Inc. within 48 hours of the close of escrow. In the event the sale of the property does not take place, Kiavi Funding, Inc. shall retain its mortgage lien for the full amount due. All net proceeds from the sale of the real property shall be deposited in the Debtor in Possession account of the Debtor immediately after closing. The sale made pursuant to this Order is "AS-IS WHERE IS WITH ALL FAULTS" and shall be by Assignment and/or instrument of conveyance as appropriate, with no warranties of title whatsoever. The Debtor is authorized to execute whatever documents as may be necessary to consummate the sale. No professionals were employed by the Debtor for the sale of the real property. Accordingly, there shall be no professional commission paid from the sale proceeds. About Wholesale Property Depot LLC Wholesale Property Depot, LLC is a Jacksonville, Fla.-based real estate investment and wholesaling firm that, doing business as Pay Cash 4 Houses, sources, negotiates and assigns off-market residential property deals for investors across Duval County, Orange Park and St. Johns County. Wholesale Property Depot LLC is a Florida limited liability company, wholly owned and managed by Clay Jones and Erby Beauvais. Wholesale Property Depot sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. M.D.Fla. Case No.: 3:26-bk-02885-JAB) on June 29, 2026. Bryan K. Mickler at Mickler & Mickler, represents the Debtor as legal counsel. WORLD OF DISCOVERY: Hires Todd Taylor PC as Bankruptcy Counsel -------------------------------------------------------------- World of Discovery Inc. seeks approval from the U.S. Bankruptcy Court for the District of Vermont to hire Law Offices of Todd Taylor, PC, to handle the bankruptcy proceedings. The firm will be paid at these hourly rates: Todd Taylor, Attorney $250 Samantha Waggoner, Paralegal $35 Todd Taylor will be paid a retainer in the amount of $10,000, plus the $1,738 court filing fee. Todd Taylor will also be reimbursed for reasonable out-of-pocket expenses incurred. Todd Taylor, Esq., member of the Law Offices of Todd Taylor, PC, assured the Court that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code and does not represent any interest adverse to the Debtor and its estates. Todd Taylor can be reached at: Todd Taylor, Esq. LAW OFFICES OF TODD TAYLOR, PC Suite 204, 18 Severance Green Colchester, VT 05446 Tel: (802) 863-4384 About World of Discovery Inc. World of Discovery Inc. sought protection under Chapter 11 of the U.S. Bankruptcy Code (Bankr. D. Vt. Case No. 26-10154) on June 23, 2026, with $100,001 to $500,000 in assets and $500,001 to $1 million in liabilities. Judge Heather Z. Cooper presides over the case. Todd Taylor, Esq. at the Law Offices of Todd Taylor, P.C. represents the Debtor as bankruptcy counsel. Z SQUARED: Sets Up $300 Million ATM Stock Sale Program ------------------------------------------------------ Z Squared Inc. entered a sales agreement to sell up to $300 million of common stock through an at-the-market offering program, according to a Form 8-K filed with the Securities and Exchange Commission. Roth Capital Partners LLC will serve as sales agent under the July 6, 2026, agreement. The company said shares may be sold through The Nasdaq Global Market, other existing trading markets, market makers, negotiated transactions or directly to the agent as principal under separate terms agreements. Z Squared will pay the agent a 3.0% commission on the gross sales price of shares sold through the agent as sales agent. The shares are covered by an automatic shelf registration statement filed July 7. About Z Squared Inc. Z Squared Inc., formerly Coeptis, is a digital asset mining and digital infrastructure company. Following the completion of the Merger and Spin-Out on April 24, 2026, the company's principal business consists of digital asset mining operations conducted through Z Squared, Inc., a Wyoming corporation, and its subsidiaries. The company mines Dogecoin, Litecoin, and other cryptocurrencies using specialized ASIC mining hardware deployed across facilities in North Carolina, South Carolina, and Iowa. Its operations include fleet optimization, in-house equipment repair and spare-parts management, dynamic power-cost management, and real-time monitoring of hash rate, equipment status, and per-machine revenue. In an audit report dated March 19, 2026, Astra Audit and Advisory LLC included a going-concern paragraph, citing net losses, negative operating cash flows and working capital deficits. The auditor said the conditions raised substantial doubt about Coeptis' ability to continue as a going concern. As of March 31, 2026, Z Squared Inc. reported total assets of $19.79 million, total liabilities of $2.21 million and total stockholders' equity of $17.58 million. ZACH 204: Seeks to Tap Goldberg Weprin Finkel Goldstein as Counsel ------------------------------------------------------------------ Zach 204, LLC seeks approval from the U.S. Bankruptcy Court for the Eastern District of New York to employ Goldberg Weprin Finkel Goldstein LLP as counsel. The firm's services include: (a) provide the Debtor with all necessary representation in connection with this Chapter 11 case, as well as its responsibilities; (b) represent the Debtor in all proceedings before the U.S. Bankruptcy Court and the Office of the U.S. Trustee; (c) review, prepare and file all necessary legal papers, applications, motions, objections, adversary proceedings, pleadings, and reports as required in the Chapter 11 case; and (d) provide all other legal services required with respect to achieving confirmation of a plan of reorganization providing for the cure and reinstatement of the mortgage. The firm will be paid at these hourly rates: Partner $865 Associate $450 - $620 The firm received a retainer of $8,400, filing fee included, from the Debtor. Kevin Nash, Esq., a member at Goldberg Weprin Finkel Goldstein, disclosed in a court filing that the firm is a "disinterested person" as the term is defined in Section 101(14) of the Bankruptcy Code. The firm can be reached through: Kevin J. Nash, Esq. Goldberg Weprin Finkel Goldstein LLP 125 Park Avenue, 12th Floor New York, NY 10017 Email: knash@gwfglaw.com About Zach 204 LLC Zach 204 LLC is a Florida limited liability company that owns Unit 204 at Bella Vista Mid-Rise South Condominium, a residential condominium property at 19925 N.E. 39th Place in Aventura, Florida. Zach 204 LLC sought relief under Chapter 11 of the U.S. Bankruptcy Code (Bankr. E.D.N.Y. Case No. 26-42508) on May 22, 2026. In its petition, the Debtor disclosed up to $10 million in both assets and liabilities. Judge Elizabeth S. Stong oversees the case. The Debtor is represented by Kevin J. Nash, Esq., at Goldberg Weprin Finkel Goldstein LLP. [] Ensis Partners Appoints Konstantin Malyshkin as Principal ------------------------------------------------------------ Ensis Partners, a boutique investment bank focused on restructuring advisory and capital solutions, announced that Konstantin Malyshkin has joined the firm as a Principal. Mr. Malyshkin brings experience with stakeholders across the middle and upper-middle market in restructuring, special situations and private capital, including serving as an advisor on complex capital structures, in-court and out-of-court restructurings, financings and strategic transactions. Mr. Malyshkin joins Ensis Partners from Houlihan Lokey, where he was a Vice President in the firm's Financial Restructuring group. During his time at Houlihan Lokey, he advised an ad hoc group of creditors of a Brazilian telecommunications company in connection with its restructuring and related financing processes. He also advised boards of directors on strategic alternatives and recapitalization transactions and served as debtor-side advisor to a large offshore drilling company. "We are pleased to welcome Konstantin to Ensis Partners as we continue to grow our team with experienced advisory professionals," said Richard Shinder, Co-Founder and Partner at Ensis Partners. "Konstantin has advised on highly complex restructuring situations across creditor- and company-side mandates, and his experience navigating sophisticated capital structures will enable him to offer valuable capital solutions counsel to our clients. Having professionals such as Konstantin choose to join Ensis from established platforms validates our core thesis that the market for this bespoke advisory product continues to grow, and we look forward to his contributions to the firm." "Konstantin delivers the analytical rigor, transaction experience market presence and client-first orientation that are central to the Ensis approach," said Mark Buschmann, Co-Founder and Partner at Ensis Partners. "As market conditions continue to create both challenges and opportunities for middle and upper-middle market companies and stakeholders, we believe his background across restructuring advisory, private equity and alternative investments will further strengthen our ability to deliver creative, bespoke capital solutions in high-pressure situations." Earlier in his career, Mr. Malyshkin was an Investment Analyst at Performance Equity Management (now known as Sagard Private Equity Solutions), and on the business development team at LGT Capital Partners. "Ensis Partners has built a differentiated investment banking platform focused on senior-level attention, technical depth and thoughtful execution," said Mr. Malyshkin. "I am excited to join Mark, Rich and the broader Ensis team as the firm continues to grow, and I look forward to helping clients navigate complex financial situations and pursue outcomes that create long-term value." Mr. Malyshkin received an MBA from Columbia Business School and a BBA in Finance from Baruch College. He is also a CFA charterholder. About Ensis Partners Ensis -- http://www.ensispartners.com/-- is a boutique, New York City-based investment bank focused on restructuring and capital solutions advisory, founded by Richard Shinder and Mark Buschmann, providing comprehensive restructuring and liability management advice relevant to complex capital structures and financial situations. With a focus on the middle and upper-middle market, Ensis offers senior-level expertise across a range of transaction formats, including special situations financings, LMEs, Chapter 11 proceedings and cross-border engagements. [] Sean Kulka Joins Bradley's Bankruptcy Practice in Atlanta ------------------------------------------------------------ Bradley has added Sean C. Kulka to the firm's Atlanta office as a partner in the Bankruptcy & Creditors' Rights Practice Group, further strengthening the firm's restructuring and insolvency capabilities and continuing the strategic growth of its presence in Atlanta. "Sean is a highly regarded bankruptcy attorney in Atlanta with deep industry experience that will meet the needs of our bankruptcy practice as it has experienced increased client demand over the past year," said Bradley Atlanta Office Managing Partner Deborah Cazan. "His extensive experience representing debtors, creditors, and other stakeholders in complex Chapter 11 proceedings, combined with his strong reputation in the market, makes him an excellent addition to our team." With more than 25 years of experience, Mr. Kulka focuses his practice on advising debtors, creditors' committees, secured and unsecured creditors, landlords, and fiduciaries through complex legal matters spanning a multitude of industries, including retail, restaurant, hospitality, real estate, telecommunications, manufacturing, gaming, farming, and insurance. He has handled several significant Chapter 11 cases throughout the country and is known for his practical, business-oriented approach to client service. Mr. Kulka has been recognized in Chambers USA as a leading practitioner in the Georgia Bankruptcy/Restructuring section since 2024 and has been listed in The Best Lawyers in America® in the area of Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law since 2025. He is a member of the Atlanta Bar Association's Section of Bankruptcy, the Secured Finance Network, and the Turnaround Management Association. Mr. Kulka earned his J.D., cum laude, from the University of Mississippi School of Law and his B.A., cum laude, from Michigan State University. Bradley's Atlanta office has continued to experience historic growth, expanding from 20 attorneys at its opening in 2023 to now boasting more than 70 attorneys. The office continues to attract top-tier legal talent, strategically growing to meet client demand in key areas of practice, including financial services, litigation, real estate, corporate and securities, intellectual property, and labor and employment. ********* On Thursdays, the TCR delivers a list of recently filed Chapter 11 cases involving less than $1,000,000 in assets and liabilities delivered to nation's bankruptcy courts. The list includes links to freely downloadable images of these small-dollar petitions in Acrobat PDF format. Each Friday's edition of the TCR includes a review about a book of interest to troubled company professionals. All titles are available at your local bookstore or through Amazon.com. Go to http://www.bankrupt.com/books/to order any title today. Monthly Operating Reports are summarized in every Saturday edition of the TCR. The Sunday TCR delivers securitization rating news from the week then-ending. TCR subscribers have free access to our on-line news archive. Point your Web browser to http://TCRresources.bankrupt.com/and use the e-mail address to which your TCR is delivered to login. ********* S U B S C R I P T I O N I N F O R M A T I O N Troubled Company Reporter is a daily newsletter co-published by Bankruptcy Creditors Service, Inc., Fairless Hills, Pennsylvania, USA, and Beard Group, Inc., Philadelphia, Pa., USA. Randy Antoni, Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine Tumanda, Joel Anthony G. Lopez, Psyche A. Castillon, Ivy B. Magdadaro, Carlo Fernandez, Christopher G. Patalinghug, and Peter A. Chapman, Editors. Copyright 2026. All rights reserved. ISSN: 1520-9474. This material is copyrighted and any commercial use, resale or publication in any form (including e-mail forwarding, electronic re-mailing and photocopying) is strictly prohibited without prior written permission of the publishers. Information contained herein is obtained from sources believed to be reliable, but is not guaranteed. The single-user TCR subscription rate is $1,400 for six months or $2,350 for twelve months, delivered via e-mail. Additional e-mail subscriptions for members of the same firm for the term of the initial subscription or balance thereof are $25 each per half-year or $50 annually. For subscription information, contact Peter A. Chapman at 215-945-7000. *** End of Transmission ***