{"id":"court_ctb_1340_0","court":"CTB","case_no":"22-50073","doc_number":1340,"sub_number":0,"doc_type":"ORDER","filed_date":null,"title":"UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION In re:","summary_zh":null,"summary_en":null,"body_en":"## **UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION**\n\nIn re:\n\nHO WAN KWOK, *et al*.,\n\nChapter 11\n\nCase No. 22-50073 (JAM)\n\nDebtors.\n\nRe: ECF Nos. 299, 728, 930 and 1255\n\n## **SECOND CONSENT ORDER MODIFYING CONSENT ORDER GRANTING HK INTERNATIONAL FUNDS INVESTMENTS (USA) LIMITED, LLC'S MOTION FOR ORDER ESTABLISHING REPAIR RESERVE FOR THE LADY MAY**\n\nUpon the *Motion to Modify Consent Order Granting HK International Funds Investments*\n\n*(USA) Limited, LLC's Motion for Order Establishing Repair Reserve for the Lady May* (ECF No.\n\n1216) (the \"Motion\") filed by HK International Funds Investments (USA) Limited, LLC (\"HK\n\nUSA\"), which seeks a modification of this Court's *Consent Order Granting HK International*\n\n*Funds Investments (USA) Limited, LLC's Motion for Order Establishing Repair Reserve for the*\n\n*Lady May* (ECF No. 930, the \"Consent Order\")[1](#page-0-0) to authorize and direct the Trustee[2](#page-0-1) to pay from\n\nthe Repair Reserve certain operating expenses (the \"Operating Expenses\") for the Lady May; the\n\n<span id=\"page-0-0\"></span><sup>1</sup> For the avoidance of doubt, the Consent Order includes those modifications set forth in this Court's *Consented to Order (a) Adjourning Hearing on Chapter 11 Trustee's Application for Prejudgment Remedy, (B) Setting Hearing on Chapter 11 Trustee's Motion for Preliminary Injunction, (C) Extending Related Deadlines, and (D) Granting Related Relief* (ECF No. 67), *Consented to Order (a) Further Adjourning Hearing on Chapter 11 Trustee's Application for Prejudgment Remedy, (B) Setting Hearing on Chapter 11 Trustee's Motion for Preliminary Injunction, (C) Extending Related Deadlines, and (D) Granting Related Relief* (ECF No. 76), and *Consented to Order (a) Further Adjourning Hearing on Chapter 11 Trustee's Application for Prejudgment Remedy, (B) Setting Hearing on Chapter 11 Trustee's Motion for Preliminary Injunction, (C) Extending Related Deadlines, and (D) Granting Related Relief* (ECF No. 86) entered in *HK International Funds Investments (USA) Limited, LLC v. Despins*, Adv. Pro. No. 22-5003.\n\n<span id=\"page-0-1\"></span><sup>2</sup> Unless expressly defined otherwise, this Order incorporates by reference the definitions of capitalized terms set forth in the Consent Order.\n\nTrustee having filed an *Objection of Chapter 11 Trustee to HK International Funds Investments (USA) Limited, LLC's Motion to Modify Consent Order Granting HK International Funds Investments (USA) Limited, LLC's Motion for Order Establishing Repair Reserve for the Lady May* (ECF No. 1276), the (\"Trustee's Objection\"); this Court having issued that certain *Consent Order Modifying Consent Order Granting HK International Funds Investments (USA) Limited, LLC's Motion for Order Establishing Repair Reserve for the Lady May* (ECF No. 1255, the \"First Modified Consent Order\"), which, *inter alia*, released funds for Operating Expenses incurred by the Lady May through December 31, 2022, but otherwise preserving all parties rights with regards to the Motion; the Court having initially scheduled a hearing for January 3, 2023, at 3:30 p.m. (the \"Hearing\") to consider the relief requested in the Motion and the Trustee's Objection; the Court having continued the Hearing to January 10, 2023 and, thereafter, to January 17, 2023 at 2:00 p.m. on consent by the Trustee, Ho Wan Kwok, the Official Committee of Unsecured Creditors, Pacific Alliance Asia Opportunity Fund L.P., Rui Ma, and Zheng Wu (collectively, the \"Consenting Parties\"); upon further written consent by the Consenting Parties to the entry of this Order to (i) release funds in the amount of \\$220,448.50 from the Repair Reserve to pay for Operating Expenses that HK USA reasonably projects will be incurred in January 2023 and February 2023, and (ii) release funds in the amount of \\$21,080.00 from the Repair Reserve to reimburse the Trustee for the annual fee (the \"Fee\") paid by the Trustee for surety bond no. 016236853 with Liberty Mutual Insurance Company (the \"Surety Bond\") as a result of the Trustee holding the Repair Reserve; and upon consideration of the Motion and the relief requested therein appearing to this Court to be necessary and appropriate to provide sufficient funds for the Lady May's Operating Expenses that HK USA reasonably projects will be incurred in January and February 2023; due and sufficient notice having been given under the particular circumstances; and after due deliberation and sufficient cause appearing therefore, it is hereby:\n\n**ORDERED** that the Consent Order is hereby further modified to authorize and direct the Trustee to promptly release \\$220,448.50 from the Repair Reserve to Yachtzoo, the yacht management company for the Lady May to pay for the reasonably anticipated Operating Expenses for January 2023 and February 2023; and it is further\n\n**ORDERED** that the Consent Order is hereby further modified to authorize and direct the Trustee to promptly release \\$21,080.00 from the Repair Reserve to reimburse the Trustee for the Fee for the Surety Bond; and it is further\n\n**ORDERED** that to the extent the Surety Bond is reduced and the Fee owed by the Trustee on the Surety Bond is thereby reduced, the Trustee shall, as soon as reasonably practicable, seek a refund of all or part of the Fee as appropriate (the \"Refunded Fee\") and, subject to further order of this Court, transfer the Refunded Fee (i) to HK USA, if the Repair Reserve Excess has been returned to HK USA in accordance with the Consent Order or (ii) to the Repair Reserve, if the Repair Reserve Excess has not been returned to HK USA in accordance with the Consent Order; and it is further\n\n**ORDERED** that all parties reserve all rights to object to further releases from the Repair Reserve for Operating Expenses and/or additional fees owed by the Trustee on the Surety Bond, and nothing in this Order or the Consenting Parties' consent to the entry of this Order shall be construed as the Consenting Parties consenting to the relief sought in the Motion;[3](#page-2-0) and it is further\n\n<span id=\"page-2-0\"></span><sup>3</sup> For the avoidance of doubt, it is the Trustee's position that, under the Consent Order, the Trustee is under no obligation to release funds from the Repair Reserve to pay Operating Expenses and that, to the extent HK USA desires to use funds in the Repair Reserve to pay Operating Expenses, it must request a release of any Repair Reserve Excess in accordance with the Consent Order after the conclusion of the hearing on the *Application for Prejudgment Remedy* [Adv. Proc. ECF No. 37].\n\n**ORDERED** that, except as modified herein and in the First Modified Consent Order, the provisions of the Consent Order remain in effect, including but not limited to the handling of any Repair Reserve Excess; and it is finally\n\n**ORDERED** that the Motion and the Trustee's Objection thereto shall be heard at a hearing before this Court at \\_\\_\\_\\_\\_ [am/pm] on February [15th or 27th], 2023.\n\nDated at Bridgeport, Connecticut this \\_\\_\\_\\_\\_ day of \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_, 2023.\n\n## **UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION**\n\nIn re:\n\nHO WAN KWOK, *et al.*\n\nDebtors.\n\nChapter 11\n\nCase No: 22-50073 (JAM)\n\n## **CERTIFICATE OF SERVICE**\n\nI hereby certify that on this 18th day of January, 2023, a copy of foregoing Proposed Order was filed electronically. Notice of this filing will be sent by e-mail to all parties by operation of the Court's electronic filing system or by mail to anyone unable to accept electronic filing as indicated on the Notice of Electronic Filing. Parties may access this filing through the Court's CM/ECF System.\n\n*/s/ Christopher H. Blau*\n\nChristopher H. Blau (ct30120)","body_zh":"UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION（美国康涅狄格区破产法院布里奇波特分院）\n\n关于：\n\nHO WAN KWOK（郭文贵）等，\n\n第 11 章\n\n案号：22-50073 (JAM)\n\n债务人。\n\n涉及：ECF 编号 299、728、930 及 1255\n修改准予 HK INTERNATIONAL FUNDS INVESTMENTS (USA) LIMITED, LLC 就设立 LADY MAY 号维修准备金之动议的同意裁定的第二份同意裁定\n\n鉴于 HK International Funds Investments (USA) Limited, LLC（香港国际基金投资（美国）有限公司，下称「HK USA」）提交了《修改准予 HK International Funds Investments (USA) Limited, LLC 关于作出为 Lady May 号设立维修准备金之裁定的动议的动议》（ECF 编号 1216，下称「动议」），该动议请求修改本法院《准予 HK International Funds Investments (USA) Limited, LLC 关于作出为 Lady May 号设立维修准备金之裁定的动议的同意裁定》（ECF 编号 930，下称「《同意裁定》」）[1]，以授权并指示受托人[2]从维修准备金中支付 Lady May 号的若干运营费用（下称「运营费用」）；且\n\n1 为避免疑义，《同意裁定》包括在 HK International Funds Investments (USA) Limited, LLC 诉 Despins 案（对抗程序案号 22-5003）中作出的本法院《(a) 延期审理第 11 章受托人关于判决前救济之申请、(B) 确定第 11 章受托人关于初步禁令动议之听证日期、(C) 延长相关截止期限以及 (D) 准予相关救济的经同意裁定》（ECF 编号 67）、《(a) 进一步延期审理第 11 章受托人关于判决前救济之申请、(B) 确定第 11 章受托人关于初步禁令动议之听证日期、(C) 延长相关截止期限以及 (D) 准予相关救济的经同意裁定》（ECF 编号 76）以及《(a) 进一步延期审理第 11 章受托人关于判决前救济之申请、(B) 确定第 11 章受托人关于初步禁令动议之听证日期、(C) 延长相关截止期限以及 (D) 准予相关救济的经同意裁定》（ECF 编号 86）中所述之各项修改。\n\n2 除非另有明确定义，本裁定通过引用并入《同意裁定》中所载的大写术语定义。\n\n受托人已提交《第 11 章受托人对 HK International Funds Investments (USA) Limited, LLC 关于修改准予 HK International Funds Investments (USA) Limited, LLC 为 Lady May 号设立维修准备金之动议的同意裁定之动议的异议》（ECF 编号 1276，下称「《受托人异议》」）；本法院已作出某份《修改准予 HK International Funds Investments (USA) Limited, LLC 关于作出为 Lady May 号设立维修准备金之裁定的动议的同意裁定的同意裁定》（ECF 编号 1255，下称「《第一份修改后同意裁定》」），除其他事项外，该裁定发放了截至 2022 年 12 月 31 日 Lady May 号所产生的运营费用资金，但在其他方面保留了各方关于该动议的所有权利；法院最初定于 2023 年 1 月 3 日下午 3:30 举行听证会（下称「听证会」），以审理动议和《受托人异议》中所请求的救济；经受托人、郭文贵、无担保债权人官方委员会、Pacific Alliance Asia Opportunity Fund L.P.（太盟亚洲机会基金有限合伙）、Rui Ma（马蕊）以及 Zheng Wu（吴征）（统称「同意方」）同意，法院将听证会延期至 2023 年 1 月 10 日，其后又延期至 2023 年 1 月 17 日下午 2:00；根据各同意方就作出本裁定的进一步书面同意，以 (i) 从维修准备金中发放 220,448.50 美元的资金，用于支付 HK USA 合理预计将于 2023 年 1 月和 2023 年 2 月产生的运营费用，以及 (ii) 从维修准备金中发放 21,080.00 美元的资金，用于偿付受托人因持有维修准备金而向 Liberty Mutual Insurance Company（利宝互助保险公司）支付的保函（保函编号 016236853，下称「保函」）年费（下称「费用」）；经审议该动议，并且本法院认为动议中所请求的救济对于为 HK USA 合理预计将于 2023 年 1 月和 2 月产生的 Lady May 号运营费用提供充足资金而言是必要且适当的；在此特定情况下已给予适当且充分的通知；经正当审议且理由充分，特此：\n\n裁定：特此进一步修改《同意裁定》，授权并指示受托人立即从维修准备金中向 Lady May 号的游艇管理公司 Yachtzoo 发放 220,448.50 美元，用于支付 2023 年 1 月和 2023 年 2 月合理预期的运营费用；并进一步\n\n裁定：特此进一步修改《同意裁定》，授权并指示受托人立即从维修准备金中发放 21,080.00 美元，用于偿付受托人的保函费用；并进一步\n\n裁定：在保函金额减少且受托人应付的保函费用由此减少的范围内，受托人应在合理可行的范围内尽快寻求退还全部或部分费用（下称「退还费用」），并在遵从本法院进一步裁定的前提下，将退还费用转交 (i) HK USA（若维修准备金结余已根据《同意裁定》退还给 HK USA），或 (ii) 维修准备金（若维修准备金结余尚未根据《同意裁定》退还给 HK USA）；并进一步\n\n裁定：各方保留对从维修准备金中进一步发放运营费用资金及/或受托人就保函所欠额外费用提出异议的所有权利，且本裁定或同意方对作出本裁定的同意中的任何内容均不得解释为同意方同意动议中所请求的救济；[3] 并进一步\n\n3 为避免疑义，受托人的立场是，根据《同意裁定》，受托人没有义务从维修准备金中发放资金来支付运营费用，且在 HK USA 欲使用维修准备金中的资金支付运营费用的范围内，其必须在关于判决前救济申请的听证会结束之后[对抗程序 ECF 编号 37]，根据《同意裁定》申请发放任何维修准备金结余。\n\n裁定：除本裁定及《第一份修改后同意裁定》中修改的内容外，《同意裁定》的各项条款继续有效，包括但不限于对任何维修准备金结余的处理；并最终\n\n裁定：本动议及受托人对其提出的异议应于 2023 年 2 月 [15 日或 27 日] [上午/下午] _____ 在本法院举行的听证会上进行审理。\n\n日期：2023 年 _____ 月 _____ 日于康涅狄格州布里奇波特。\nUNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION（美国康涅狄格区破产法院布里奇波特分院）\n\n关于：\n\nHO WAN KWOK（郭文贵）等\n\n债务人。\n\n第 11 章\n\n案号：22-50073 (JAM)\n送达证明\n\n我特此证明，于 2023 年 1 月 18 日，上述拟定裁定的副本已通过电子方式提交。本提交事项的通知将通过法院电子提交系统的运行以电子邮件形式发送给所有各方，或根据电子提交通知上的指示以邮寄方式发送给无法接受电子提交的任何人。各方可通过法院的 CM/ECF 系统查阅本次提交的文件。\n\n/签名/ Christopher H. Blau\n\nChristopher H. Blau (ct30120)","key_entities":["Je","Kwok","Ho Wan Kwok","Despins","CIPA"],"ecf_references":[{"doc_number":37,"court":"CTB"},{"doc_number":67,"court":"CTB"},{"doc_number":76,"court":"CTB"},{"doc_number":86,"court":"CTB"},{"doc_number":930,"court":"CTB"},{"doc_number":1216,"court":"CTB"},{"doc_number":1255,"court":"CTB"},{"doc_number":1276,"court":"CTB"}],"word_count":1199,"status":"published","published_at":null,"created_at":null,"updated_at":"2026-08-23 12:47:05"}