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Full title: Order Granting Motion for retention of Clear Thinking Group LLC and designation of Michael A. Wesley as the Debtor's Chief Restructuring Officer (Related Doc # 23) (David T MNB) (Entered: 01/28/2021)

Document posted on Jan 27, 2021 in the bankruptcy, 2 pages and 0 tables.

Bankrupt11 Summary (Automatically Generated)

This case came before the court on the Motion for an Order Authorizing Nunc Pro Tunc retention of Clear Thinking Group LLC and designate Michael A. Wesley as Chief Restructuring Officer under 11 U.S.C. § 363 (the “Motion”) filed by the above-captioned debtor (the “Debtor”).The Debtor is authorized under section 363 of the Bankruptcy Code to retain Clear Thinking Group LLC and designate Michael A. Wesley as the Debtor’s Chief Restructuring Officer; 3. Instead, Clear Thinking Group LLC shall file with the Court and serve on the Notice Parties the following reports: (a) A monthly staffing report, filed and served by the 20th of each month with information regarding the preceding month, identifying the Clear Thinking Group LLC personnel who worked on this case, the total hours billed by Clear Thinking Group LLC, and a summary of tasks performed; and (b) Any party may object to the quarterly compensation report filed by Clear Thinking Group LLC by filing and serving an objection no later than 14 calendar days after the quarterly report that is the subject of the objection.

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UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF MINNESOTA In re: Tea Olive I, LLC d/b/a Stock+Field, Case No.: 21-30037 Chapter 11 Case Debtor. ORDER AUTHORIZING AND APPROVING THE RETENTION OF CLEAR THINKING GROUP LLC AND DESIGNATION OF MICHAEL A. WESLEY UNDER 11 U.S.C. § 363 AS THE DEBTOR’S CHIEF RESTRUCTURING OFFICER This case came before the court on the Motion for an Order Authorizing Nunc Pro Tunc retention of Clear Thinking Group LLC and designate Michael A. Wesley as Chief Restructuring Officer under 11 U.S.C. § 363 (the “Motion”) filed by the above-captioned debtor (the “Debtor”). Based on the Motion and the record, IT IS ORDERED: 1. Cause exists to shorten the notice period provided for under Fed. R. Bankr. P. 2002(a)(2). 2. The Debtor is authorized under section 363 of the Bankruptcy Code to retain Clear Thinking Group LLC and designate Michael A. Wesley as the Debtor’s Chief Restructuring Officer; 3. Clear Thinking Group LLC shall not be required to submit fee applications pursuant to sections 330 and 331 of the Bankruptcy Code. Instead, Clear Thinking Group LLC shall file with the Court and serve on the Notice Parties the following reports: (a) A monthly staffing report, filed and served by the 20th of each month with information regarding the preceding month, identifying the Clear Thinking Group LLC personnel who worked on this case, the total hours billed by Clear Thinking Group LLC, and a summary of tasks performed; and

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(b) A quarterly compensation report, filed and served by the 20th of the month following the end of a quarter, showing total fees and expenses for the preceding quarter. (c) Any party may object to the quarterly compensation report filed by Clear Thinking Group LLC by filing and serving an objection no later than 14 calendar days after the quarterly report that is the subject of the objection. If the parties cannot resolve the objection, counsel for the Debtor shall schedule a hearing to address said objection. 4. The Debtor is authorized to indemnify Clear Thinking Group LLC on the terms as set forth in the Engagement Letter, as defined in the Motion. 5. The Debtor is authorized and empowered to take all actions necessary to implement and effectuate this order. /e/ William J. Fisher Dated: January 28, 2021 William J. Fisher United States Bankruptcy Judge