In re Aguina Aguina
Opinion
Trial Court Opinion
I. BACKGROUND
Debtor filed a Chapter 11 proceeding on September 5, 2017, and the Bankruptcy Court converted it to a Chapter 7 proceeding on January 19, 2018. (BK Docs. 1 & 42.) Shortly thereafter, the Bankruptcy Court appointed Karl T. Anderson to serve as the Trustee (“Trustee”). (BK Doc. 45.) __________________________________________________________________
UNITED STATES DISTRICT COURT
CENTRAL DISTRICT OF CALIFORNIA
CIVIL MINUTES – GENERAL
Title: In re Aguina Aguina Date: November 18, 2019 Case No. 5:18-cv-02248 JLS 5:18-bk-17472-WJ On July 10, 2018, the Trustee filed an Application to Employ Richard A. Halderman and Karen Lenahan as Realtors (“Application to Employ Realtors” or “the Application”). (BK Doc. 95.) On July 27, 2018, Debtor opposed the Application. (BK Doc. 101.) Generally, Debtor opposed the employment of the Realtors because he believed that the Lots would be marketed at a less-than-market-value price, that the Realtors lacked knowledge regarding the market where the Real Property was located, and that the commission they would charge, 10%, was above the percentage Debtor was able to negotiate in other real estate deals. (See…