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Full title: Order Approving Settlement Agreement (Related Doc # 328) (David T MNB) (Entered: 06/09/2021)

Document posted on Jun 8, 2021 in the bankruptcy, 2 pages and 0 tables.

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This matter is before the court on the Motion for Order Approving Settlement Agreement (the “Motion”) filed by the above-captioned debtor (the “Debtor”). Based on the Motion and all papers filed by the Debtor in support of the Motion, all the files, records, and proceedings, herein, the Court finds that (a) the Court has jurisdiction over this matter pursuant to 28 U.S.C. §§ 157 and 1334, (b) this is a core proceeding pursuant to 28 U.S.C. § 157(b), (c) venue is proper pursuant to 28 U.S.C.§§ 1408 and 1409, (d) appropriate, proper, and adequate notice of the Motion appears to have been given under the circumstances and no other or further notice appears to be necessary, (e) the settlement represents a good faith, arms-length compromise of disputed issues of law andfact, (f) the settlement is fair, equitable, and in the best interests of the Debtor and its estate and creditors, (g) the transfer of the Worldwide Shares to Worldwide is appropriate under 11 U.S.C. § 363(b) and (m); (h) the legal and factual bases set forth in the Motion establish just cause for therelief granted, and (h) good cause exists to approve the Motion and Settlement Agreement without further notice or hearing, IT IS HEREBY ORDERED: The Motion is granted as set forth herein.The Debtor is authorized to transfer the Worldwide Shares to Worldwide pursuantto 11 U.S.C. § 363(b).The Court shall retain exclusive jurisdiction with regard to all issues and disputesrelating to the Settlement Agreement and this Order.

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UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF MINNESOTA In re: Case No.: 21-30037 Tea Olive I, LLC d/b/a Stock+Field, Chapter 11 Case Debtor. ORDER APPROVING SETTLEMENT AGREEMENT This matter is before the court on the Motion for Order Approving Settlement Agreement (the “Motion”) filed by the above-captioned debtor (the “Debtor”). Based on the Motion and all papers filed by the Debtor in support of the Motion, all the files, records, and proceedings, herein, the Court finds that (a) the Court has jurisdiction over this matter pursuant to 28 U.S.C. §§ 157 and 1334, (b) this is a core proceeding pursuant to 28 U.S.C. § 157(b), (c) venue is proper pursuant to 28 U.S.C.§§ 1408 and 1409, (d) appropriate, proper, and adequate notice of the Motion appears to have been given under the circumstances and no other or further notice appears to be necessary, (e) the settlement represents a good faith, arms-length compromise of disputed issues of law andfact, (f) the settlement is fair, equitable, and in the best interests of the Debtor and its estate and creditors, (g) the transfer of the Worldwide Shares to Worldwide is appropriate under 11 U.S.C. § 363(b) and (m); (h) the legal and factual bases set forth in the Motion establish just cause for therelief granted, and (h) good cause exists to approve the Motion and Settlement Agreement without further notice or hearing, IT IS HEREBY ORDERED: 1. The Motion is granted as set forth herein. 2. The Settlement Agreement is approved. NOTICE OF ELECTRONIC ENTRY AND

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3. The Worldwide Claim is allowed as a secured claim in the amount of $3,260,000. 4. The Debtor is authorized to disburse the Worldwide Adequate Protection Amountas set forth in the Settlement Agreement. 5. The Debtor is authorized to provide a release of the Worldwide Released Parties tothe extent and with the effect set forth in the Settlement Agreement. 6. The Debtor is authorized to transfer the Worldwide Shares to Worldwide pursuantto 11 U.S.C. § 363(b). Worldwide is a good faith purchaser within the meaning of 11 U.S.C. § 363(m). 7. The Court shall retain exclusive jurisdiction with regard to all issues and disputesrelating to the Settlement Agreement and this Order. /e/ William J. Fisher Dated: June 9, 2021 ______________________________ William J. Fisher United States Bankruptcy Judge

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