FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Webb C Clark

2. Date of Event Requiring Statement (MM/DD/YYYY)
5/9/2018 

3. Issuer Name and Ticker or Trading Symbol

Elah Holdings, Inc. [RELYQ]

(Last)        (First)        (Middle)

8214 WESTCHESTER DRIVE, SUITE 950

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                            ___ X ___ 10% Owner
_____ Officer (give title below)          _____ Other (specify below)

(Street)

DALLAS, TX 75225       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   1075   D    
Common Stock   181037   I   By 210/RELY Partners, LP   (1) (2) (3) (4)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
(1)  This statement is being jointly filed by (i) C. Clark Webb, in his capacity as a director of Elah Holdings, Inc. (f/k/a Real Industry, Inc.)(the "Issuer"), (ii) Robert H. Alpert, in his capacity as a director of the Issuer, (iii) 210/RELY Partners, LP ("210 Partners"), (iv) 210/RELY Investment, LLC ("210 Investment"), (v) 210 Capital, LLC ("210 Capital"), (vi) Covenant RHA Partners, L.P. ("RHA Partners"), (vii) CCW/LAW Holdings, LLC ("CCW Holdings"), and (viii) RHA Investments, Inc. ("RHA Investments")(collectively, the "Reporting Persons").
(2)  210 Investment is the general partner of, and may be deemed to beneficially own certain securities owned by, 210 Partners. 210 Capital is the sole member of, and may be deemed to beneficially own certain securities owned by, 210 Investment. RHA Partners and CCW Holdings are the members of, and may be deemed to beneficially own certain securities owned by, 210 Capital. Mr. Webb is the sole member of, and may be deemed to beneficially own certain securities owned by, CCW Holdings. RHA Investments is the general partner of, and may be deemed to beneficially own certain securities owned by, RHA Partners. Mr. Alpert is the President and sole shareholder of, and may be deemed to beneficially own certain securities owned by, RHA Investments.
(3)  The Reporting Persons state that neither the filing of this Form 3 nor anything herein shall be deemed an admission that such persons are, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose, the beneficial owners of any securities covered by this Form 3. The Reporting Persons disclaim beneficial ownership of the securities covered by this Form 3, except to the extent of the pecuniary interest of such persons in such securities, if any.
(4)  Represents common stock of the Issuer owned directly by 210 Partners.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Webb C Clark
8214 WESTCHESTER DRIVE
SUITE 950
DALLAS, TX 75225
X X

210 Capital, LLC
8214 WESTCHESTER DRIVE
SUITE 950
DALLAS, TX 75225

X

210/RELY Investment, LLC
8214 WESTCHESTER
SUITE 950
DALLAS, TX 75225

X

210/RELY Partners, LP
8412 WESTCHESTER DRIVE
DALLAS, TX 75225

X

CCW/LAW Holdings, LLC
8214 WESTCHESTER DRIVE
SUITE 950
DALLAS, TX 75225

X

COVENANT RHA PARTNERS, L.P.
8214 WESTCHESTER DRIVE
SUITE 950
DALLAS, TX 75225

X

RHA Investments, Inc.
8214 WESTCHESTER DRIVE
SUITE 950
DALLAS, TX 75225

X

Alpert Robert H
8214 WESTCHESTER DRIVE
SUITE 950
DALLAS, TX 75225
X X


Signatures
See Exhibit 99 for signatures of Reporting Persons 5/18/2018
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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