Michael Joseph Kilroy

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Howard S. Levine, SBN 137009
howard@cypressllp.com
Tania M. Moyron, SBN 235736
tania@cypressllp.com
CYPRESS, LLP
11111 Santa Monica Blvd., Suite 500
Los Angeles, California 90025
Telephone: (424) 901-0123
Facsimile: (424) 750-5100
Counsel to Domum Locis LLC
UNITED STATES BANKRUPTCY COURT
CENTRAL DISTRICT OF CALIFORNIA
(LOS ANGELES DIVISION)
In re:
MICHAEL JOSEPH KILROY,
Debtor and Debtor in Possession.
______________________________________
Domum Locis, LLC, the above captioned
chapter 11 and debtor in possession here,
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Case No.: 2:15-bk-15708-RK
Chapter 11
ORDER ON STIPULATION AMONG
DOMUM LOCIS, LLC, AND DEBTOR
MICHAEL J. KILROY REGARDING
PAYMENT OF QUARTERLY FEES
TO THE OFFICE OF THE UNITED
STATES TRUSTEE
The Court, having considered that certain Stipulation Among Debtor And Michael J.
Kilroy Regarding Payment Of Quarterly Fees To The Office Of The United States Trustee (the
“Stipulation”), entered into by and among, Domum Locis, LLC, the debtor and debtor in
possession in a related chapter 11 case, bearing bankruptcy case number 2:14-bk-23301-RK, and
Michael J. Kilroy (“Kilroy”), the above-captioned debtor and debtor in possession,
IT IS HEREBY ORDERED:
1. The Stipulation is DISAPPROVED without prejudice and not made an order of the
court.
2. In only showing that the stipulating parties have agreed to the proposed transactions
described in the Stipulation, they have failed to show that the proposed transactions
FILED & ENTERED
MAY 22 2015
CLERK U.S. BANKRUPTCY COURT
Central District of California
BY DEPUTY CLERK	milano
CHANGES MADE BY COURT
Case 2:15-bk-15708-RK Doc 65 Filed 05/22/15 Entered 05/22/15 14:11:16 Desc
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described in the Stipulation to use property of the bankruptcy estate of debtor Michael
J. Kilroy (i.e., for one bankruptcy debtor to pay the United States Trustee quarterly
fees of another bankruptcy debtor) are in the ordinary course of business within the
meaning of 11 U.S.C. § 363(b)(1). Unless the stipulating parties show that the
transactions are in the ordinary course of business, such transactions using estate
property not in the ordinary course of business can only be approved after notice and
hearing upon a showing of business justification pursuant to 11 U.S.C. § 363(b)(1).
See, e.g., In re Dant & Russell, Inc., 853 F.2d 700, 704-705 (9th Cir. 1988); In re
Lionel Corp., 722 F.2d 1063, 1071 (2nd Cir. 1983).
IT IS SO ORDERED.
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Date: May 22, 2015
Case 2:15-bk-15708-RK Doc 65 Filed 05/22/15 Entered 05/22/15 14:11:16 Desc
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