In re: Crossfire Metalworks, LLC

CourtUnited States Bankruptcy Court, D. Idaho
DecidedJune 8, 2026
Docket25-00673
StatusUnknown

This text of In re: Crossfire Metalworks, LLC (In re: Crossfire Metalworks, LLC) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, D. Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re: Crossfire Metalworks, LLC, (Idaho 2026).

Opinion

UNITED STATES BANKRUPTCY COURT DISTRICT OF IDAHO

In re: Case No. 25-00673-BRW CROSSFIRE METALWORKS, LLC, Chapter 7 Debtor.

MEMORANDUM DECISION Appearances: Kimberly L. Stevens, Chapter 7 Trustee, pro se Brett R. Cahoon, U.S. Trustee ______________________________________________________________________________ I. INTRODUCTION The U.S. Trustee (the “UST”) objects to the compensation and expenses requested by Kimberly L. Stevens, chapter 7 trustee (the “Trustee”) on behalf of the auctioneer she employed, Kent Corbett of Corbett Auctions and Appraisals, Inc. (“Corbett”). The Court held an in-person evidentiary hearing on the requested compensation and expenses on May 21, 2026. Following presentation of evidence, including testimony from multiple witnesses and various exhibits admitted into evidence, as well as oral argument, the Court took the matter under advisement. This Memorandum Decision resolves the issues presented to the Court. FED. R. BANKR. P. 9014 and 7052.1 II. SUBJECT MATTER JURISDICTION, AUTHORITY, AND VENUE

The Court has subject matter jurisdiction over this proceeding pursuant to 28 U.S.C. §§ 157(a) and 1334(b) as referred to it by the district court pursuant to General Order No. 349.

1 Hereinafter, unless otherwise indicated, all statutory citations are to the Bankruptcy Code, 11 U.S.C. §§ 101–1532, and all citations to a “Rule” are to the Federal Rules of Bankruptcy Procedure. This is a “core” proceeding and is within the Court’s constitutional authority to adjudicate via final order. 28 U.S.C. § 157(b)(2)(A). Venue is appropriate in this Court pursuant to 28 U.S.C. §§ 1408 and 1409. III. FINDINGS OF FACT

This chapter 7 case was filed by the Debtor Crossfire Metalworks, LLC (the “Debtor”) on September 2, 2025. Doc. No. 1; Ex. 200. The Trustee was duly appointed as the chapter 7 trustee in the case. Doc. No. 2. Relevant to the issues before the Court, the Trustee filed an application to employ Corbett as an auctioneer pursuant to § 327 on September 10, 2025 (the “Application”). Doc. No. 13; Exs. 101 and 201. In the Application, the Trustee explained that she intended to employ Corbett to sell at a public auction personal property owned by the bankruptcy estate. Id. The Application had no written agreement attached to further detail the terms agreed to between the Trustee and Corbett. Id. The Trustee and Mr. Corbett confirmed in their testimony that beyond the terms stated in the Application, there is no other written agreement with respect

to Corbett’s employment in this case. The Application provides for a tiered level of compensation depending on the price of the items sold. Id. As to the expected compensation, the Application provides in full: a) For Items Sold for $499.99 or less:

a. Commission: A commission of thirty percent (30%) on the gross sale price of the Property; b. Buyer’s Premium: A Buyer’s Premium of ten percent (10%) for cash/check or thirteen percent (13%) for credit card, and (2%) online sell through fee (if online), on the gross sale prices of the Property shall be collected by the Auctioneer from the purchaser. c. Expenses incurred: Reimbursement for reasonable and necessary expenses to prepare the Property for sale.

b) For Items Sold for $500.00 - $999.99 or less:

a. Commission: A commission of twenty percent (20%) on the gross sale price of the Property; b. Buyer’s Premium: A Buyer’s Premium of ten percent (10%) for cash/check or thirteen percent (13%) for credit card, and (2%) online sell through fee (if online), on the gross sale prices of the Property shall be collected by the Auctioneer from the purchaser. c. Expenses incurred: Reimbursement for reasonable and necessary expenses to prepare the Property for sale.

c) For Items Sold for $1,000 or more:

a. Commission: A commission of ten percent (10%) on the gross sale price of the Property; b. Buyer’s Premium: A Buyer’s Premium of ten percent (10%) for cash/check or thirteen percent (13%) for credit card, and (2%) online sell through fee (if online), on the gross sale prices of the Property shall be collected by the Auctioneer from the purchaser. c. Expenses incurred: Reimbursement for reasonable and necessary expenses to prepare the Property for sale.

Id. Filed along with the Application was Mr. Corbett’s verified statement indicating Corbett is “disinterested,” pursuant to § 101(14), and acknowledging that its employment and compensation are subject to this Court’s approval, as well as the Court’s discretion to reduce or limit such compensation. Doc. No. 14; Ex. 202. The Court approved Corbett’s employment, as requested in the Application, by order on October 9, 2025, pursuant to § 327(a) with subsequent approval of compensation subject to § 330. Doc. No. 19; Ex. 203. The sale of the personal property was noticed by the Trustee on November 6, 2025 (the “First Notice of Sale”). Doc. No. 31; Ex. 204. The First Notice of Sale provided the sale of “[a]ll equipment and inventory of Crossfire Metalworks, LLC” would be held on December 4, 2025, via an online, public auction. Id. The UST objected to the First Notice of Sale on November 26, 2025, pointing out that the

Small Business Administration (“SBA”) has a blanket lien on all the personal property owned by the Debtor, which fact was not disclosed in the First Notice of Sale. Doc. No. 38. Because of the SBA’s blanket lien, as well as the existence of other secured creditors encumbering the assets, the UST could not determine whether the proposed sale would benefit the bankruptcy estate. Id. The UST suggested that any carve-out agreement between the SBA and the Trustee be completed prior to the sale. Id. In response to the UST’s objection, the Trustee withdrew the First Notice of Sale on December 8, 2025. Doc. No. 40. A second notice of sale of the Debtor’s personal property was filed by the Trustee on December 24, 2025 (the “Second Notice of Sale”). Doc. No. 42. The Second Notice of Sale

provides more information about the secured creditors’ liens than the First Notice of Sale and discloses the carve-out agreement with the SBA. Id. at 2. With respect to the SBA, the Second Notice of Sale provided: The Small Business Administration (SBA) holds a blanket lien on the equipment and inventory. The SBA has agreed that the equipment and inventory can be sold by auction, and that the bankruptcy estate will receive a carve-out of 40% of the gross proceeds, with the estate being responsible for the auctioneer fees.

Id. The Second Notice of Sale further provided that the sale will be via online, public auction to be held on January 20, 2026. Id. No objection was filed to the Second Notice of Sale. Relatedly, Corbett was also engaged by the Trustee as a realtor to sell real property owned by the Debtor, after an original application to employ Corbett in this capacity was objected to by the UST. See Doc. No. 46; Ex. 207 (the Trustee’s second application to employ Corbett as a realtor in the case); and Doc. No. 55 (order approving the application to employ Corbett as a realtor). Of relevance to the issues before the Court, the UST objected to the

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