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UNITED STATES BANKRUPTCY COURT tkk-5082 EASTERN DISTRICT OF NEW YORK ---------------------------------------------------------X In the Matter of Chapter 7 Case No. 801-87466-478 DOROTHY LUNDY, Debtor. ---------------------------------------------------------X ORDER AUTHORIZING RETENTION OF REAL ESTATE BROKER TO TRUSTEE Upon the annexed application of KENNETH KIRSCHENBAUM, trustee in the above case, dated November 15, 2001, and the affidavit of Valerie Van Cleef, sworn to on November 12, 2001, in support of the trustee’s application for an order authorizing the employment of COACH REAL ESTATE ASSOCIATES, INC. ("Coach") as real estate broker to the trustee and the Court being satisfied that said broker does not represent or hold any interest adverse to the estate with respect to the matters upon which it is to be engaged, that it is a disinterested person under Sections 101 and 327 of Title 11, United States Code, that its employment is necessary and would be in the best interests of the estate, and sufficient cause appearing therefore, it is ORDERED, that Kenneth Kirschenbaum, as trustee, is hereby authorized to employ and retain Coach as his real estate broker to perform services as requested by the Trustee in connection with the marketing and sale of the property commonly known as 45 Gulf Street, Lindenhurst, New York; and it is further ORDERED, that compensation in the maximum amount of 5% of the gross sale price of the subject property shall not be paid to Coach except as is approved by the Court, upon proper application and notice; and it is further ORDERED, that Kenneth Kirschenbaum, as trustee, is authorized to permit and authorize Coach to appoint the Participants of the Multiple Listing Service of Long Island, Inc. (the "MLS") as broker agents for the purpose of assisting Coach in the performance of its obligations as real estate broker to the trustee; and it is further ORDERED, that if a participant of the MLS is successful in producing a purchaser for the subject property, compensation shall not be paid except as is fixed by the Court upon proper application and notice, but in no event shall the final awards of compensation to Coach and the MLS participant exceed the aggregate sum of 5% of the gross sale price of the property. Dated: Central Islip, New York November ____, 2001 HONORABLE DOROTHY EISENBERG UNITED STATES BANKRUPTCY JUDGE NO OBJECTION: OFFICE OF U.S. TRUSTEE
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