Application to employ auctioneer - equitatus
Application to employ auctioneer - equitatus
Application to employ auctioneer - equitatus
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
1<br />
2<br />
3<br />
4<br />
5<br />
6<br />
Tracy Green (Bar No. 114876)<br />
WENDEL, ROSEN, BLACK & DEAN LLP<br />
1111 Broadway, 24th Floor<br />
Oakland, California 94607<br />
Telephone: (510) 834-6600<br />
Fax: (510) 834-1928<br />
Email: tgreen@wendel.com<br />
At<strong>to</strong>rneys for Trustee<br />
Fred Hjelmeset<br />
7<br />
8<br />
9<br />
10<br />
UNITED STATES BANKRUPTCY COURT<br />
NORTHERN DISTRICT OF CALIFORNIA<br />
OAKLAND DIVISION<br />
Wendel, Rosen, Black & Dean LLP<br />
1111 Broadway, 24th Floor<br />
Oakland, CA 94607<br />
11<br />
12<br />
13<br />
14<br />
15<br />
16<br />
In Re<br />
WALTER J. NG, dba Walter Ng Inves<strong>to</strong>rs,<br />
dba Walter Ng Realty, and MARIBEL NG,<br />
Deb<strong>to</strong>rs.<br />
Case No. 11-45175 RLE<br />
Chapter 7<br />
APPLICATION FOR ORDER<br />
AUTHORIZING EMPLOYMENT OF<br />
AUCTIONEER<br />
[HARVEY BENDIX AUCTIONEERS]<br />
17<br />
18<br />
19<br />
20<br />
21<br />
22<br />
23<br />
24<br />
25<br />
26<br />
27<br />
TO THE HONORABLE ROGER L. EFREMSKY, UNITED STATES BANKRUPTCY JUDGE,<br />
THE DEBTOR, THE DEBTOR’S ATTORNEY, AND THE U.S. TRUSTEE:<br />
The application of Fred Hjelmeset (“Applicant”), trustee of the estate of Walter J. Ng and<br />
Maribel Ng (“Deb<strong>to</strong>rs”), respectfully represents and requests authority <strong>to</strong> retain Harvey Bendix<br />
Auctioneers (“Bendix”), whose address is 1110 N. Puente Street, Brea, California 92821, and<br />
whose phone numbers are (714) 497-6527 and (510 857-7776, as <strong>auctioneer</strong> for the reasons set<br />
forth herein below:<br />
1. Deb<strong>to</strong>rs filed a voluntary petition for relief under United States Code, Title 11,<br />
chapter 11 on May 12, 2011. On November 4, 2011, the case was converted <strong>to</strong> a chapter 7 and<br />
Applicant was the appointed chapter 7 trustee.<br />
28<br />
017527.0001\2182529.1<br />
APPLICATION FOR ORDER AUTHORIZING<br />
EMPLOYMENT OF AUCTIONEER [HARVEY BENDIX<br />
AUCTIONEERS]<br />
1<br />
Case: 11-45175 Doc# 455 Filed: 01/19/12 Entered: 01/19/12 12:01:49 Page 1 of 3
1<br />
2<br />
3<br />
4<br />
5<br />
6<br />
7<br />
8<br />
9<br />
10<br />
2. Applicant seeks <strong>to</strong> <strong>employ</strong> Bendix as an <strong>auctioneer</strong> <strong>to</strong> sell assets of the estate of<br />
the Deb<strong>to</strong>rs, subject <strong>to</strong> overbid.<br />
3. Bendix is a full service license and bonded <strong>auctioneer</strong> in the states of California,<br />
Arizona and Illinois. He specializes in working with the Federal Bankruptcy Courts, but also<br />
works in the private sec<strong>to</strong>r and has over 30 years of experience in <strong>auctioneer</strong>ing, appraisals,<br />
liquidations and bulk sales in many genres such as commercial, industrial, retail, office, furniture,<br />
vehicles, jewelry, etc.<br />
4. Originally, Applicant intended <strong>to</strong> pay Bendix a percentage of 10% of sale prices;<br />
however, Applicant did not submit his application until he unders<strong>to</strong>od the magnitude of the assets<br />
immediately available for sale. Applicant decided <strong>to</strong> wait until the nature and extent of the assets<br />
Wendel, Rosen, Black & Dean LLP<br />
1111 Broadway, 24th Floor<br />
Oakland, CA 94607<br />
11<br />
12<br />
13<br />
14<br />
15<br />
16<br />
involved was determined. Upon determination of the nature and extent of the assets, Bendix<br />
agreed <strong>to</strong> perform his services for an hourly rate of $125 an hour which sum will cost the estate<br />
less than the percentage basis, which is far more beneficial <strong>to</strong> the estate.<br />
5. This application will be retroactive <strong>to</strong> December 12, 2011, which was the date<br />
Bendix first inspected the estate’s assets at the Deb<strong>to</strong>rs’ home. As of this date, he has worked<br />
less than 15 hours, and he has bids on property for approximately $40,000 that will be the subject<br />
17<br />
18<br />
19<br />
20<br />
21<br />
22<br />
23<br />
24<br />
25<br />
26<br />
27<br />
28<br />
of a separate motion. Assuming those sales close, Bendix would be paid $1,875 if he is paid by<br />
the hour, and $4,000 if he receives a percentage.<br />
6. To the best of Applicant’s knowledge, Bendix does not have any connection with<br />
the Deb<strong>to</strong>rs, their credi<strong>to</strong>rs, any other party in interest, their respective at<strong>to</strong>rneys or other<br />
professionals, the U.S. Trustee, or any person <strong>employ</strong>ed in the office of the U.S. Trustee. Bendix<br />
represents and holds no interest adverse <strong>to</strong> this bankruptcy estate in matters upon which he is <strong>to</strong><br />
be retained.<br />
/ / /<br />
/ / /<br />
/ / /<br />
/ / /<br />
017527.0001\2182529.1<br />
APPLICATION FOR ORDER AUTHORIZING<br />
EMPLOYMENT OF AUCTIONEER [HARVEY BENDIX<br />
AUCTIONEERS]<br />
2<br />
Case: 11-45175 Doc# 455 Filed: 01/19/12 Entered: 01/19/12 12:01:49 Page 2 of 3
1<br />
2<br />
WHEREFORE, the Applicant requests the entry of an order authorizing him <strong>to</strong> <strong>employ</strong><br />
Bendix as <strong>auctioneer</strong>, subject <strong>to</strong> the terms of this application and its agreement.<br />
3<br />
4<br />
5<br />
6<br />
7<br />
8<br />
9<br />
10<br />
Dated: January 17, 2012<br />
By /s/ Tracy Green<br />
Tracy Green<br />
At<strong>to</strong>rneys for Trustee<br />
Fred Hjelmeset<br />
Wendel, Rosen, Black & Dean LLP<br />
1111 Broadway, 24th Floor<br />
Oakland, CA 94607<br />
11<br />
12<br />
13<br />
14<br />
15<br />
16<br />
17<br />
18<br />
19<br />
20<br />
21<br />
22<br />
23<br />
24<br />
25<br />
26<br />
27<br />
28<br />
017527.0001\2182529.1<br />
APPLICATION FOR ORDER AUTHORIZING<br />
EMPLOYMENT OF AUCTIONEER [HARVEY BENDIX<br />
AUCTIONEERS]<br />
3<br />
Case: 11-45175 Doc# 455 Filed: 01/19/12 Entered: 01/19/12 12:01:49 Page 3 of 3