2014-2. CONTRACT FOR EMPLOYMENT OF AGENTS AND BROKERS.

2014-2. CONTRACT FOR EMPLOYMENT OF AGENTS AND BROKERS

(a) All applications for employment of an agent or broker for the sale or lease of estate property must be accompanied by a copy of the signed written contract employing the agent or broker. All contracts for employment shall provide that they are effective only upon court approval. All contracts for employment shall be for a term not to exceed one hundred eighty (180) days unless otherwise ordered by the court.
(b) To the extent the aggregate compensation and expenses of the agent or broker exceed $1000, a trustee or debtor-inpossession shall give the notice required by Local Bankruptcy Rule 2002-2. Otherwise, the compensation and expenses may be
paid without further notice, subject to final review pursuant to 11 U.S.C. § 330.
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