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Full title: Notice of Hearing on Motion for Order (I) Authorizing Professional Investors Security Fund, Inc. to Consummate the Non-Ordinary Course of Business Sale of Certain Residential Real Property and (II) Granting Related Relief (RE: related document(s)581 Motion for Sale of Property in Encino, California Filed by Debtor Professional Financial Investors, Inc. (Attachments: # 1 Declaration of Andrew Hinkelman # 2 Declaration of Steven Namm) (Marum, J.)). Hearing scheduled for 5/13/2021 at 10:00 AM via Tele/Videoconference - www.canb.uscourts.gov/calendars. Filed by Debtor Professional Financial Investors, Inc. (Marum, J.) (Entered: 04/22/2021)

Document posted on Apr 21, 2021 in the bankruptcy, 3 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

1 SHEPPARD, MULLIN, RICHTER & TRODELLA & LAPPING LLP HAMPTON LLP The federal tax identification numbers of each of the Debtors is als 1 TO THE HONORABLE HANNAH L. BLUMENSTIEL, UNITED STATES 2 BANKRUPTCY JUDGE, THE OFFICE OF THE UNITED STATES TRUSTEE, 3 CERTAIN CREDITORS, AND ALL OTHER PARTIES IN INTEREST: 4 PLEASE TAKE NOTICE (the “Notice”)1 that a hearing to be conducted via 5 videoconference has been scheduled for May 13, 2021, at 10:00 a.m.Granting Related Relief filed by Professional Financial Investors, Inc. 10 (“PFI”) and its affiliated debtors and debtors in possession (collectively, with PFI, the 11 “Debtors”) on April 22, 2021 as Dkt.Debtors seek entry of an order (i) authorizing debtor Professional Investors Security Fund,13 PISF and the Buyer attached to the Motion as Exhibit A, (ii) authorizing PISF to enter into17 the escrow instructions substantially in the form attached to the Motion as Exhibit B in 18 connection with the Proposed Sale after making any modifications that are necessary in 19 light of PISF’s bankruptcy case, (iii) granting the protections afforded by Section 363(m) 20 to the Buyer, (iv) authorizing the use of the sale proceeds received by PISF at an enterpris21 level for all of the Debtors, in the discretion of PISF and PFI’s Chief Restructuring Office22 and (v) granting related relief.

List of Tables

Document Contents

1 SHEPPARD, MULLIN, RICHTER & TRODELLA & LAPPING LLP HAMPTON LLP Richard A. Lapping, Cal. Bar No. 107496 2 A Limited Liability Partnership 540 Pacific Avenue Including Professional Corporations San Francisco, CA 94133 3 ORI KATZ, Cal. Bar No. 209561 Telephone: (415) 399-1015 J. BARRETT MARUM, Cal. Bar No. 228628 Facsimile: (415) 651-9004 4 MATT KLINGER, Cal. Bar No. 307362 Email: Rich@TrodellaLapping.com GIANNA SEGRETTI, Cal. Bar No. 323645 5 Four Embarcadero Center, 17th Floor Conflicts Counsel for the Debtors San Francisco, California 94111-4109 6 Telephone: 415.434.9100 Facsimile: 415.434.3947 7 Email: okatz@sheppardmullin.com bmarum@sheppardmullin.com 8 mklinger@sheppardmullin.com gsegretti@sheppardmullin.com 9 Counsel for the Debtors 10 UNITED STATES BANKRUPTCY COURT 11 NORTHERN DISTRICT OF CALIFORNIA , SAN FRANCISCO DIVISION 12 In re Case No. 20-30604 13 PROFESSIONAL FINANCIAL (Jointly Administered) 14 INVESTORS, INC., et al., 1 Chapter 11 15 Debtors. NOTICE OF HEARING ON MOTION FO 16 ORDER (I) AUTHORIZING PROFESSIONAL INVESTORS SECURIT 17 FUND, INC. TO CONSUMMATE THE NON-ORDINARY COURSE OF BUSINES 18 SALE OF CERTAIN RESIDENTIAL REA PROPERTY AND (II) GRANTING 19 RELATED RELIEF 20 Judge: Hon. Hannah L. Blumenstiel Date: May 13, 2021 21 Time: 10:00 a.m. Place: Telephonic/Video Appearances On 22 450 Golden Gate Ave., 16th Fl., Ctrm. 19 23 San Francisco, CA 94102 24 25 26 27 1 A complete list of the Debtors and their respective chapter 11 case numbers may be found www.donlinerecano.com/pfi. The federal tax identification numbers of each of the Debtors is als

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1 TO THE HONORABLE HANNAH L. BLUMENSTIEL, UNITED STATES 2 BANKRUPTCY JUDGE, THE OFFICE OF THE UNITED STATES TRUSTEE, 3 CERTAIN CREDITORS, AND ALL OTHER PARTIES IN INTEREST: 4 PLEASE TAKE NOTICE (the “Notice”)1 that a hearing to be conducted via 5 videoconference has been scheduled for May 13, 2021, at 10:00 a.m. PT (the “Hearing”), 6 before the Honorable Hannah L. Blumenstiel, United States Bankruptcy Judge, to conside7 the Motion for Order (I) Authorizing Professional Investors Security Fund, Inc. to 8 Consummate the Non-Ordinary Course of Business Sale of Certain Residential Real 9 Property and (II) Granting Related Relief filed by Professional Financial Investors, Inc. 10 (“PFI”) and its affiliated debtors and debtors in possession (collectively, with PFI, the 11 “Debtors”) on April 22, 2021 as Dkt. No. [●] (the “Motion”). By way of the Motion, the 12 Debtors seek entry of an order (i) authorizing debtor Professional Investors Security Fund,13 Inc. (“PISF”) to consummate the private sale (the “Proposed Sale”) of the residential real 14 property PISF owns at 3830 Hayvenhurst Drive, Encino, California 91436-3600 to Jill 15 Namm and Steven Namm (together, the “Buyer”), pursuant to a sale agreement between 16 PISF and the Buyer attached to the Motion as Exhibit A, (ii) authorizing PISF to enter into17 the escrow instructions substantially in the form attached to the Motion as Exhibit B in 18 connection with the Proposed Sale after making any modifications that are necessary in 19 light of PISF’s bankruptcy case, (iii) granting the protections afforded by Section 363(m) 20 to the Buyer, (iv) authorizing the use of the sale proceeds received by PISF at an enterpris21 level for all of the Debtors, in the discretion of PISF and PFI’s Chief Restructuring Office22 and (v) granting related relief. 23 PLEASE TAKE FURTHER NOTICE that any opposition or response to the 24 Motion shall be filed and served on or before May 6, 2021. Failure to timely oppose or 25 respond to the Motion may be deemed by the Court to constitute consent to the relief 26 requested by the Motion. 27 1

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1 PLEASE TAKE FURTHER NOTICE that the hearing will not be conducted in 2 the presiding judge’s courtroom but instead will be conducted via videoconference by 3 Zoom. All interested parties should consult the Bankruptcy Court’s website at 4 www.canb.uscourts.gov for information about court operations during the COVID-19 5 pandemic. The Bankruptcy Court’s website provides information regarding how to 6 arrange a telephonic or video appearance. If you have any questions regarding how to 7 appear at a court hearing, you may contact the Bankruptcy Court by calling 888-821-76068 or by using the Live Chat feature on the Bankruptcy Court’s website. 9 PLEASE TAKE FURTHER NOTICE that your rights may be affected by the 10 Motion. You should read the Motion carefully and you may want to discuss them with 11 your attorney. Copies of the Motions are available on PACER, at 12 https://www.donlinrecano.com/Clients/pfi/Index, or by contacting Gianna Segretti at 650-13 352-1940, or by email at gsegretti@sheppardmullin.com. 14 15 Dated: April 22, 2021 16 SHEPPARD, MULLIN, RICHTER & HAMPTON LLP 17 By /s/ J. Barrett Marum 18 ORI KATZ J. BARRETT MARUM 19 MATT KLINGER GIANNA SEGRETTI 20 Counsel for the Debtors 21 22 23 24 25 26 27

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