HTML Document View

Full title: Order Approving Application To Employ Matthew Storms As Commercial Real Estate Agent Re 523 4th Street And 930 Irwin Street, San Rafael, CA 95401 (Related Doc # 821) (bg) (Entered: 08/23/2021)

Document posted on Aug 22, 2021 in the bankruptcy, 3 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

Four Embarcadero Center, 17th FloorHANNAH L. BLUMENSTIEL U.S. Bankruptcy Judge San Francisco, California 94111-4109 6 Commercial Real Estate Agent Re 523 4th Street and 930 Irwin Street, San Rafael, CA 24 95401 (the "Application"), filed by Professional Investors 39, LLC (“LLC 39”) on August25 13, 2021 as Docket No. 821, and the accompanying declaration in support thereof, and 26 finding that notice of the Application is sufficient under the circumstances, and good caus27 appearing therefor, 28 IT IS HEREBY ORDERED THAT:LLC 39 is authorized to employ Mr. Storms as its commercial real estate4 agent to sell the Property, effective immediately.Mr. Storms is authorized to perform the services described in the Applicatio6 and his compensation for such services shall be paid in accordance with the Application.Mr. Storms shall be compensated from the proceeds of the sale of the Property, 9 according to the terms and conditions stated in the Application.

List of Tables

Document Contents

NNOORRTTHHEERRNN DDIISSTTRRIICCTT OOFF CCAALLIIFFOORRNNIIAA1 SHEPPARD, MULLIN, Signed and Filed: August 23, 2021 RICHTER & HAMPTON LLP 2 A Limited Liability Partnership Including Professional Corporations 3 ORI KATZ, Cal. Bar No. 209561 4 J. BARRETT MARUM, Cal. Bar No. 228628 __________________________________________ 5 Four Embarcadero Center, 17th FloorHANNAH L. BLUMENSTIEL U.S. Bankruptcy Judge San Francisco, California 94111-4109 6 Telephone: 415.434.9100 Facsimile: 415.434.3947 7 Email: okatz@sheppardmullin.com bmarum@sheppardmullin.com 8 Counsel for Debtors 9 10 UNITED STATES BANKRUPTCY COURT 11 NORTHERN DISTRICT OF CALIFORNIA 12 SAN FRANCISCO DIVISION 13 ) Case No. 20-30604__ In re: ) __ 14 ) (Jointly Administered) PROFESSIONAL FINANCIAL ) 15 INVESTORS, INC., et al.. ) Chapter 11 ) 16 Debtors. ) ORDER APPROVING ) APPLICATION TO EMPLOY 17 ) MATTHEW STORMS AS ) COMMERCIAL REAL ESTATE 18 ) AGENT RE 523 4th STREET AND ) 930 IRWIN STREET, SAN 19 ) RAFAEL, CA 95401 ) 20 ) [No Hearing Required] 21 22 The Court, having considered the Application to Employ Matthew Storms as 23 Commercial Real Estate Agent Re 523 4th Street and 930 Irwin Street, San Rafael, CA 24 95401 (the "Application"), filed by Professional Investors 39, LLC (“LLC 39”) on August25 13, 2021 as Docket No. 821, and the accompanying declaration in support thereof, and 26 finding that notice of the Application is sufficient under the circumstances, and good caus27 appearing therefor, 28 IT IS HEREBY ORDERED THAT:

1

1 1. The Application is APPROVED. Capitalized terms used in this order that2 are undefined shall be afforded the meaning given to them in the Application. 3 2. LLC 39 is authorized to employ Mr. Storms as its commercial real estate4 agent to sell the Property, effective immediately. 5 3. Mr. Storms is authorized to perform the services described in the Applicatio6 and his compensation for such services shall be paid in accordance with the Application. 7 4. Mr. Storms shall not be required to file a fee application or keep time8 records. Mr. Storms shall be compensated from the proceeds of the sale of the Property, 9 according to the terms and conditions stated in the Application. 10 ***END OF ORDER*** 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28

2

1 Court Service List 2 3 None. 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28

3