11-22820-rdd

Doc 102

Filed 09/29/11

Entered 09/29/11 15:20:14 Pg 1 of 2

Main Document

UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK ------------------------------------------------------------------- x In re: : : THE CHRISTIAN BROTHERS INSTITUTE, et al. : : : Debtors. ------------------------------------------------------------------- x

Chapter 11 Case No.: 11-22820 (RDD) (Jointly Administered)

ORDER AUTHORIZING RETENTION OF RE/MAX 10 AS DEBTORS REAL ESTATE BROKER Upon the application, dated August 30, 2011 (the Application) of The Christian Brothers of Ireland, Inc., debtor and debtor-in-possession (the Debtor)1 for an order pursuant to 11 U.S.C. 327(a) and 328(a) Bankruptcy Rule 2014 and Local Bankruptcy Rule 2014-1 authorizing and empowering the Debtor to employ and retain Re/Max as its real estate agent under the Agreement in connection with the marketing and sale of the real property located at 9757 S. Seeley Avenue, Chicago, Illinois owned by the Debtor; and upon the accompanying Affidavit and the Agreement; and the Court being satisfied that (a) Re/Max does not hold or represent an interest adverse to the estate with respect to the matters for which Re/Max will be engaged, (b) Re/Max is a disinterested person in connection with the Debtors Chapter 11 case pursuant to 101(14) of the Bankruptcy Code and (c) Re/Maxs retention and employment is necessary and in the best interest of the estate; and the Agreement being fair and reasonable for purposes of 11 U.S.C. 328(a); and no further notice or a hearing being required; and sufficient cause appearing therefor, it is ORDERED that: 1. 2.
1

The Application is granted. The Agreement is approved.

Capitalized terms otherwise underlined herein shall have the meanings set forth in the Application.

{Client/001718/BANK376/00399284.DOC;1}

11-22820-rdd

Doc 102

Filed 09/29/11

Entered 09/29/11 15:20:14 Pg 2 of 2

Main Document

3.

The Debtor is authorized and empowered to retain and employ Re/Max in its

Chapter 11 case to perform the services specified in the Application and the Agreement, on the terms of the Agreement. 4. The compensation to be paid to Re/Max for its services rendered and to be

rendered to the Debtor, and reimbursement of expenses incurred therewith, shall be paid pursuant to the Agreement and only upon Court approval upon application under the applicable provisions of the Bankruptcy Code, Rules and Local Bankruptcy Rules, except that Re/Max shall not be required to maintain time records in support of its request for compensation and reimbursement of expenses. Dated: White Plains, New York September 29, 2011 _/s/Robert D. Drain_______________________ HONORABLE ROBERT D. DRAIN UNITED STATES BANKRUPTCY JUDGE

No Objection to Entry of this Order: Office of the United States Trustee Southern District of New York

By:

/s/ Paul K. Schwartzberg Paul K. Schwartzberg

{Client/001718/BANK376/00399284.DOC;1}