{"id":"court_ctb_197_0","court":"CTB","case_no":"22-50073","doc_number":197,"sub_number":0,"doc_type":"NOTICE","filed_date":"2022-04-10","title":"UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT :","summary_zh":null,"summary_en":null,"body_en":"# **UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT**\n\n:\n\n:\n\n: :\n\n:\n\nIn re: : Chapter 11\n\nHO WAN KWOK, : Case No. 22-50073 (JAM)\n\nDebtor. :\n\n# **NOTICE OF FILING OF PROPOSED CHAPTER 11 PLAN OF HO WAN KWOK**\n\n**PLEASE TAKE NOTICE** that, Mr. Ho Wan Kwok, the debtor and debtor-in-\n\npossession (\"Mr. Kwok\" or the \"Debtor\") in the above-captioned chapter 11 case, by and\n\nthrough his undersigned counsel, respectfully files this *Proposed Chapter 11 Plan of Ho Wan*\n\n*Kwok*, attached hereto as **Exhibit A**.\n\nDated: April 10, 2022\n\n# **BROWN RUDNICK LLP**\n\nBy: /s/ *William R. Baldiga* BROWN RUDNICK LLP 185 Asylum Street Hartford, CT 06103 Attn: Dylan Kletter, Esq. Telephone: (860) 509-6500 Facsimile: (860) 509-6653 Email: dkletter@brownrudnick.com\n\nSeven Times Square New York, NY 10036 Attn: William R. Baldiga, Esq. (*pro hac*) Attn: Bennett S. Silverberg, Esq. (*pro hac*) Attn: Uriel Pinelo, Esq. (*pro hac*) Telephone: (212) 209-4800 Facsimile: (212) 209-4801 Email: wbaldiga@brownrudnick.com bsilverberg@brownrudnick.com upinelo@brownrudnick.com\n\nCase 22-50073 Doc 197 Filed 04/10/22 Entered 04/10/22 21:11:27 Page 2 of 41\n\n# **EXHIBIT A**\n\nProposed Chapter 11 Plan\n\n## **UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION**\n\n| --------------------------------------------------------------------X | | | |\n|-----------------------------------------------------------------------|---------|---|-------------------------|\n| | | : | |\n| In re: | | : | |\n| | | : | |\n| HO WAN KWOK, | | : | Chapter 11 |\n| | | : | |\n| | | : | Case No. 22-50073 (JAM) |\n| | Debtor. | : | |\n| | | : | |\n| | | : | |\n| --------------------------------------------------------------------X | | | |\n\n## **PROPOSED CHAPTER 11 PLAN OF HO WAN KWOK**\n\nDated: April 10, 2022 Greenwich, Connecticut\n\n#### **BROWN RUDNICK LLP**\n\nWilliam R. Baldiga, Esq. Bennett S. Silverberg, Esq. Uriel Pinelo, Esq. Seven Times Square New York, NY 10036 Telephone: (212) 209-4800 Facsimile: (212) 209-4801 Email: wbaldiga@brownrudnick.com bsilverberg@brownrudnick.com upinelo@brownrudnick.com\n\n#### **BROWN RUDNICK LLP**\n\nDylan Kletter, Esq. 185 Asylum Street Hartford, CT 06103 Telephone: (860) 509-6500 Facsimile: (860) 509-6653 Email: dkletter@brownrudnick.com\n\n| | ARTICLE I DEFINED TERMS AND RULES OF INTERPRETATION 1 | | |\n|----|-----------------------------------------------------------------------------------------|--|--|\n| A. | Defined Terms 1 | | |\n| B. | Rules of Interpretation 8 | | |\n| C. | Exhibits 9 | | |\n| | | | |\n| | ARTICLE II UNCLASSIFIED CLAIMS 9 | | |\n| A. | Administrative Claims 9 | | |\n| B. | Professional Compensation Claims 9 | | |\n| C. | Priority Tax Claims10 | | |\n| D. | United States Trustee Statutory Fees 10 | | |\n| | ARTICLE III CLASSIFICATION AND TREATMENT OF CLAIMS 10 | | |\n| A. | Summary10 | | |\n| B. | Classification and Treatment of Claims11 | | |\n| C. | Elimination of Vacant Classes12 | | |\n| D. | Allocation of Distributions Between Principal and Interest12 | | |\n| E. | Special Provision Governing Unimpaired Claims 12 | | |\n| F. | Non-Consensual Confirmation13 | | |\n| | | | |\n| | ARTICLE IV MEANS FOR IMPLEMENTATION OF THE PLAN13 | | |\n| A. | General Settlement of Claims 13 | | |\n| B. | Restructuring Transactions 13 | | |\n| C. | The Reorganized Debtor13 | | |\n| D. | Creditor Trust14 | | |\n| E. | Reorganization Transactions and Funding of the Reorganized Debtor and Creditor Trust 18 | | |\n| F. | Debtor Remains Debtor-in-Possesion Following the Confirmation Date 19 | | |\n| G. | Establishment of the Administrative Bar Date19 | | |\n| H. | Term of Injunctions or Stays19 | | |\n| I. | Effectuating Documents and Transactions19 | | |\n| J. | Preservation of Rights of Action20 | | |\n| K. | Final Certification and Case Closing 20 | | |\n| | ARTICLE V PROVISIONS GOVERNING DISTRIBUTIONS 21 | | |\n| | | | |\n| A. | Initial Distribution Date 21 | | |\n| B. | Treatment of Disputed Claims21 | | |\n| C. | Subsequent Distributions 21 | | |\n| D. | Record Date for Distributions22 | | |\n| E. | Delivery of Distributions 22 | | |\n| F. | Manner of Cash Payments Under the Plan23 | | |\n| G. | Time Bar to Cash Payments by Check23 | | |\n| H. | Compliance with Tax Requirements23 | | |\n| I. | Postpetition Interest on Claims 23 | | |\n| J. | No Distribution in Excess of Allowed Amount of Claim 23 | | |\n| K. | Setoff and Recoupment23 | | |\n| | ARTICLE VI DISPUTED CLAIMS24 | | |\n| A. | No Distribution Pending Allowance 24 | | |\n| B. | Claims Objection Deadline 24 | | |\n| C. | Resolution of Disputed Claims 24 | | |\n| D. | Estimation of Claims24 | | |\n| E. | Disallowance of Claims24 | | |\n| F. | Adjustment to Claims Without Objection25 | | |\n| | | | |\n\n| G. | Amendments to Claims25 | |\n|----|------------------------------------------------------------------------------------------------|--|\n| | ARTICLE VII TREATMENT OF EXECUTORY CONTRACTS AND UNEXPIRED LEASES 25 | |\n| A. | Rejection of Executory Contracts and Unexpired Leases25 | |\n| B. | Claims Based on Rejection of Executory Contracts or Unexpired Leases26 | |\n| C. | Debtor's Insurance Policies26 | |\n| | ARTICLE VIII CONDITIONS PRECEDENT TO THE EFFECTIVE DATE27 | |\n| A. | Conditions Precedent to the Effective Date 27 | |\n| B. | Effect of Non-Occurrence of Conditions to the Effective Date 27 | |\n| C. | Establishing the Effective Date27 | |\n| | ARTICLE IX RELEASE, INJUNCTIVE AND RELATED PROVISIONS 27 | |\n| A. | Compromise and Settlement 27 | |\n| B. | Releases and Related Matters28 | |\n| C. | Waiver of Limitations on Releases of Unknown Claims28 | |\n| D. | Exculpation 28 | |\n| E. | Injunction 29 | |\n| F. | Releases of Liens 29 | |\n| G. | Preservation of Rights of Action29 | |\n| | ARTICLE X RETENTION OF JURISDICTION 30 | |\n| | ARTICLE XI MISCELLANEOUS PROVISIONS31 | |\n| A. | Modification of Plan 31 | |\n| B. | Revocation of Plan31 | |\n| C. | Payment of Statutory Fees 31 | |\n| D. | Successors and Assigns31 | |\n| E. | Governing Law 31 | |\n| F. | Reservation of Rights31 | |\n| G. | Section 1146 Exemption 32 | |\n| H. | Entire Agreement32 | |\n| I. | Exhibits32 | |\n| J. | Non-Severability 32 | |\n| K. | Dissolution of Committee 32 | |\n| L. | Section 1125(e) Good Faith Compliance 32 | |\n| M. | Discharge 33 | |\n| | Pursuant to section 1141(d) of the Bankruptcy Code, upon the occurrence of the Effective Date, | |\n| | the Confirmation Order shall be deemed to have discharged the Debtor from any debt that | |\n| | arose before the date of entry of the Confirmation Order. 33 | |\n| N. | Further Assurances33 | |\n| O. | Service of Documents33 | |\n| P. | Filing of Additional Documents33 | |\n| Q. | No Stay of Confirmation Order33 | |\n| R. | Aid and Recognition 33 | |\n| | | |\n\nCase 22-50073 Doc 197 Filed 04/10/22 Entered 04/10/22 21:11:27 Page 6 of 41\n\n# **TABLE OF EXHIBITS**\n\nTBD\n\n# **DEBTOR'S PLAN UNDER CHAPTER 11 OF THE BANKRUPTCY CODE**\n\nPursuant to title 11 of the United States Code, 11 U.S.C. §§ 101 *et seq.*, the Debtor, as plan proponent, hereby respectfully proposes the following plan under chapter 11 of the Bankruptcy Code.\n\n# **ARTICLE I**\n\n### **DEFINED TERMS AND RULES OF INTERPRETATION**\n\n#### A. *Defined Terms*\n\nUnless the context otherwise requires, the following terms shall have the following meanings when used in capitalized form herein:\n\n1. *\"Administrative and Priority Claims Reserve\"* means the reserve to be established and maintained by the Creditor Trust and funded by the Plan Funder for the payment of accrued but unpaid U.S. Trustee Fees and Administrative, Priority, and Professional Compensation Claims that are Allowed after the Effective Date to the extent that such Claims have not been paid in full on or before the Effective Date.\n\n2. \"*Administrative Bar Date*\" means the date determined pursuant to Article IV.H of the Plan; provided, however, the Administrative Bar Date applicable to claims arising under section 503(b)(9) is the General Bar Date.\n\n3. \"*Administrative Claims*\" means Claims that have been timely filed before the Administrative Bar Date, pursuant to the deadline and procedure set forth herein (except as otherwise provided herein or by a separate order of the Bankruptcy Court), for costs and expenses of administration under Sections 503(b), 507(b) or 1114(e)(2) of the Bankruptcy Code, including, without limitation: (a) the actual and necessary costs and expenses incurred after the Petition Date and prior to the Effective Date of preserving the Estates and operating the businesses of the Debtor and Reorganized Debtor (such as wages, salaries or commissions for services and payments for goods and other services); and (b) all fees and charges assessed against the Estates under 28 U.S.C. §1930; *provided*, *however*, that the U.S. Trustee shall not be required to file a request for payment of fees and charges assessed against the Estates under 28 U.S.C. § 1930 before the Administrative Bar Date; *provided*, *further*, that all requests of Governmental Units for payment of Administrative Tax Claims shall not be subject to the Administrative Bar Date. As used herein, the term \"Administrative Claims\" shall exclude Professional Compensation Claims.\n\n4. \"*Administrative Tax Claims*\" means Administrative Claims by a Governmental Unit for taxes under Section 503(b)(1)(B), (C) or (D) (and for interest and/or penalties related to such taxes) for any tax year or period, all or any portion of which occurs or falls within the period from and including the Petition Date through and including the Effective Date.\n\n5. \"*Affiliate*\" has the meaning set forth in Section 101(2) of the Bankruptcy Code.\n\n6. \"*Allowed*\" means, with respect to any Claim, except as otherwise provided herein: (a) a Claim that has been scheduled by the Debtor in his Schedules as other than disputed, contingent or unliquidated that has not been superseded by a filed proof of Claim and as to which the Debtor, Committee, Creditor Trust or another party-ininterest has not Filed an objection by the Claims Objection Deadline; (b) a proof of Claim that has been filed and as to which the Debtor, Committee, Creditor Trust, or another party-in-interest has not Filed an objection by the Claims Objection Deadline; (c) a Claim that either is not Disputed by the Claim Objection Deadline or has been allowed by a Final Order; (d) a Claim that is allowed: (i) in any stipulation with the Debtor or the Creditor Trust, as applicable, of amount and nature executed prior to or following the entry of the Confirmation Order and, if necessary, approved by the Bankruptcy Court; or (ii) in or pursuant to any contract, instrument, indenture or other agreement entered into or assumed in connection herewith; (e) a Claim that is allowed pursuant to the terms hereof; (f) a Claim that is estimated pursuant to Section 502(c) of the Bankruptcy Code, unless otherwise and explicitly provided by order of the Bankruptcy Court; or (g) a Disputed Claim as to which a proof of Claim has been timely filed and as to which no objection has been Filed by the Claims Objection Deadline.\n\n7. *\"Assigned Causes of Action\"* means any and all Causes of Action belonging to the Debtor or Reorganized Debtor and not abandoned or waived by the Creditor Trust; *provided, however*, that the Assigned Causes of Action shall exclude any (a) Released Claims against Released Parties pursuant to Article IX of this Plan; (b) exculpated rights or Causes of Action against the Exculpated Parties pursuant to Article IX of this Plan; (c) Boat Ownership Claims; and (d) rights or Causes of Action against any Entity or individual that is neither a Plan Funder nor a Plan Funder Related Party except as identified in the Plan Supplement.\n\n8. *\"Assigned Claims Objections\"* means objections to Proof of Claim which relate to Assigned Causes of Action.\n\n9. \"*Avoidance Actions*\" means any and all avoidance, recovery, subordination or other actions or remedies that may be brought on behalf of the Debtor or the Reorganized Debtor or the Estate or the Committee or the Creditor Trust, as applicable, under the Bankruptcy Code or applicable non-bankruptcy law, including, without limitation, actions or remedies under Sections 510, 542, 543, 544, 545, 547, 548, 549, 550, 551, 552, and 553 of the Bankruptcy Code.\n\n10. \"*Bankruptcy Code*\" means title 11 of the United States Code, 11 U.S.C. §§ 101 *et seq.*, as amended from time to time.\n\n11. \"*Bankruptcy Court*\" means the United States Bankruptcy Court for the District of Connecticut.\n\n12. \"*Bankruptcy Rules*\" means the Federal Rules of Bankruptcy Procedure, the Local Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the District of Connecticut, and general orders and chambers procedures of the Bankruptcy Court, each as applicable to the Chapter 11 Case and as amended from time to time.\n\n13. \"*Boat*\" means that certain pleasure yacht, the \"Lady May,\" Signal Letters ZGDQ9, registered in the Cayman Islands to HK USA.\n\n14. \"*Boat Contribution*\" means the contribution of the Boat by HK USA to the Creditor Trust.\n\n15. \"*Boat Ownership Claims*\" means any claim or Cause of Action belonging to any party, other than HK USA prior to the Effective Date of the Plan and the Creditor Trust thereafter, to ownership of the Boat.\n\n16. \"*Boat Election*\" means the Election of a holder of a Claim entitled to treatment pursuant to Art. III.B.3(b)(ii) hereof, to (i) become a Releasing Party as defined herein and (ii) receive from the Creditor Trust a Pro Rata Share of the Boat or its value.\n\n17. \"*Business Day*\" means any day, other than a Saturday, Sunday or \"legal holiday\" (as that term is defined in Fed. R. Bankr. P. 9006(a)).\n\n18. \"*Cash*\" means legal tender of the United States of America or the equivalent thereof.\n\n19. \"*Causes of Action*\" means all claims, actions, causes of action, choses in action, Avoidance Actions, suits, debts, dues, sums of money, accounts, reckonings, bonds, bills, specialties, covenants, contracts, controversies, agreements, promises, variances, trespasses, damages, judgments, remedies, rights of set-off, third-party claims, subrogation claims, contribution claims, reimbursement claims, indemnity claims, counterclaims and crossclaims that are or may be pending on the Effective Date or instituted after the Effective Date against any Entity, based in law or equity, whether direct, indirect, derivative or otherwise and whether asserted or unasserted as of the Effective Date.\n\n20. \"*Chapter 11 Case*\" means the Chapter 11 Case commenced when the Debtor filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code on the Petition Date. The Chapter 11 Case was assigned case number 22-50073 (JAM).\n\n21. \"*Claim*\" means a \"claim\" (as that term is defined in Section 101(5) of the Bankruptcy Code) against the Debtor.\n\n22. \"*Claims Objection Deadline*\" means the last day for filing objections to Claims, including any extensions thereof, as provided in Article VI of the Plan.\n\n23. \"*Claims Register*\" means the official claims register in the Debtor's Chapter 11 Case maintained by the Noticing Agent on behalf of the Clerk of the Bankruptcy Court.\n\n24. \"*Class*\" means a category of holders of Claims as set forth in Article III hereof pursuant to Section 1122(a) of the Bankruptcy Code.\n\n25. *\"Committee\"* means the official committee of unsecured creditors of the Debtor appointed by the United States Trustee in the Chapter 11 Case pursuant to Section 1102 of the Bankruptcy Code.\n\n26. \"*Confirmation Date*\" means the date on which the Confirmation Order is entered by the Bankruptcy Court.\n\n27. \"*Confirmation Order*\" means the order of the Bankruptcy Court confirming the Plan pursuant to Section 1129 of the Bankruptcy Code.\n\n28. *\"Creditor Trust\"* means the creditor recovery trust established on the Effective Date in accordance with Article IV.D.2 of the Plan and the Creditor Trust Agreement.\n\n29. *\"Creditor Trust Agreement\"* means the agreement to be executed as of the Effective Date substantially in the form filed in the Plan Supplement establishing the Creditor Trust and delineating the terms and conditions of the Creditor Trust, including the powers, rights and duties of the Creditor Trustee.\n\n30. *\"Creditor Trust Estate Assets\"* means, collectively, all property of the Debtor's Estate as of the Effective Date, including the Assigned Causes of Action and the DIP Facility Cash, but excluding (a) exempt property pursuant to section 522 of the Bankruptcy Code, (b) property included in the Estate by virtue of section 1115 of the Bankruptcy Code, (c) Retained Causes of Action, (d) Released Claims, (e) the UC Cash and the Remaining UC Cash, and (f) the Boat and any Boat Ownership Claims.\n\n31. *\"Creditor Trust Beneficiary\"* means a Holder of an Allowed Claim entitled to treatment pursuant to Article III.B hereof.\n\n32. *\"Creditor Trustee\"* means the disinterested individual selected by the Debtor and disclosed prior to the Confirmation Hearing to act as trustee of and administer the Creditor Trust.\n\n33. \"*CT Assets*\" means all assets of any kind held by the Creditor Trust.\n\n34. \"*Cure Cost*\" means all amounts required to cure any monetary defaults under any Executory Contract or Unexpired Lease (or such lesser amount as may be agreed upon by the parties under an Executory Contract or Unexpired Lease) that is to be assumed by the Debtor pursuant to sections 365 or 1123 of the Bankruptcy Code.\n\n35. \"*Debtor*\" or \"*Debtor in Possession*\" means, collectively, the above-captioned Debtor and Debtor in possession specifically identified on the cover page to this Plan.\n\n36. *\"Debtor Privilege\"* means any attorney-client privilege, work product protection, joint interest privilege or other privilege or immunity attaching to any documents or communications (in any form, including, without limitation, written, electronic or oral) held by the Debtor.\n\n37. *\"DIP Facility\"* means the subordinated term loan from the DIP Lender to the Debtor, subject to and as further described in the [*Interim DIP Order (I) Authorizing the Debtor to Obtain Unsecured, Subordinated Postpetition Financing and (II) Scheduling Interim and Final Hearings, and (III) Granting Related Relief*] [Docket No. [●]], and including all interest, fees and reimbursement obligations arising thereunder.\n\n38. *\"DIP Facility Claim\"* means the claim of the DIP Lender under the DIP Facility.\n\n39. \"*DIP Facility Cash*\" means the \\$1,000,000 Cash contribution to the Estate, defined in the DIP Facility documents as the Estate Contribution Loan, to the extent remaining as of the Effective Date.\n\n40. *\"DIP Lender\"* means Golden Spring, solely in its capacity as the lender under the DIP Facility.\n\n41. \"*Disclosure Statement Order*\" means the order approving the Disclosure Statement, which was entered by the Bankruptcy Court on [DATE] [ECF NO. ].\n\n42. \"*Disclosure Statement*\" means the *Disclosure Statement for Proposed Chapter 11 Plan of Ho Wan Kwok*, dated as of [ ], prepared and distributed in accordance with the Bankruptcy Code, Bankruptcy Rules and any other applicable law, and approved by the Bankruptcy Court in the Disclosure Statement Order, as it is amended, supplemented or modified from time to time.\n\n43. \"*Disputed*\" means, with respect to any Claim, that portion (or the entirety) of the Claim that is not an Allowed Claim and: (a) as to which a Proof of Claim has been filed or deemed filed under the Bankruptcy Code or an order of the Bankruptcy Court; (b) as to which the Debtor, Committee, or Creditor Trust has Filed or may File a timely objection or request for estimation in accordance with the Bankruptcy Code, the Bankruptcy Rules, Plan, or Creditor Trust Agreement, as applicable; or (c) is otherwise disputed by the Debtor, Committee, or Creditor Trust in accordance with applicable law, which objection, request for estimation or dispute has not been withdrawn or determined by a Final Order. Before the time that an objection has been or may be filed, a Claim shall also be considered Disputed (x) if the amount or classification of the Claim specified in any proof of Claim exceeds or varies from the amount or classification of any corresponding Claim scheduled by the Debtor in his Schedules; (y) in its entirety, if any corresponding Claim scheduled by the Debtor was scheduled as unliquidated, disputed, or contingent in the Debtor's Schedules; or (z) in its entirety, if no corresponding Claim was scheduled by the Debtor in his Schedules.\n\n44. *\"Disputed Claim Reserve\"* means one or more reserves of such Cash as the Creditor Trust estimates to be reasonably necessary to satisfy the Distributions that could be required to be made by the Creditor Trust under the Plan and the Creditor Trust Agreement on account of Allowed Administrative Claims, Priority Claims, Professional Compensation Claims, or otherwise.\n\n45. \"*Distributions*\" means the distributions of Cash to be made to Holders of Allowed Claims, Priority Liquidating Trust Assets, and Subordinated Liquidating Trust Assets in accordance with the Plan.\n\n46. *\"Distribution Date\"* means the Initial Distribution Date and any Subsequent Distribution Date.\n\n47. \"*Effective Date*\" means the date established pursuant to Article VIII of the Plan.\n\n48. \"*Entity*\" has the meaning set forth in Section 101(15) of the Bankruptcy Code.\n\n49. \"*Estate*\" means the estate of the Debtor created on the Petition Date by Section 541 of the Bankruptcy Code.\n\n50. \"*Exculpated Parties*\" means, collectively, (a) the Debtor, (c) the Committee and each of its members solely in such capacity, (d) any chapter 11 trustee and/or examiner appointed in the Chapter 11 Case, and (e) each of the respective professionals of the foregoing that served in such capacities at any time between the Petition Date and the Effective Date.\n\n51. \"*Executory Contract*\" means a contract or lease to which one or more of the Debtor is a party that is subject to assumption or rejection under sections 365 or 1123 of the Bankruptcy Code.\n\n52. \"*File*\" or \"*Filed*\" means, with respect to any pleading, entered on the docket of the Chapter 11 Case and properly served in accordance with the Bankruptcy Rules.\n\n53. *\"Final Certification\"* means a Filing by the Creditor Trust with the Bankruptcy Court (a) certifying that all distributions on Allowed Claims have been made, and (b) certifying that the Creditor Trust's duties have all been completed.\n\n54. \"*Final Order*\" means an order or judgment of the Bankruptcy Court, or other court of competent jurisdiction with respect to the subject matter, which has not been reversed, stayed, modified or amended, and as to which the time to appeal, petition for certiorari or move for reargument or rehearing has expired and no appeal or petition for certiorari has been timely taken, or as to which any appeal that has been taken or any petition for certiorari that has been or may be filed has been resolved by the highest court to which the order or judgment was appealed or from which certiorari was sought or has otherwise been dismissed with prejudice.\n\n55. \"*General Bar Date Order\"* means the *Order Establishing Deadlines for Filing Proofs of Claim and Approving Form and Manner of Notice Thereof* [Docket No. ] and any other and further order(s) entered by the Court establishing the bar dates for filing proofs of claim and granting related relief and implementing related procedures.\n\n56. \"*General Bar Date\"* means the date established in the General Bar Date Order as the deadline for the filing of proofs of claim other than claims of Government Units or claims otherwise subject to specific timing restrictions and claims arising under section 503(b)(9) of the Bankruptcy Code.\n\n57. \"*General Unsecured Claims\"* means Unsecured Litigation Claims and Unsecured Trade Claims.\n\n58. \"*Golden Spring*\" means Golden Spring (New York) Ltd.\n\n59. \"*Governmental Unit Bar Date\"* means the date established in the General Bar Date Order as the deadline for the filing of proofs of claim by and for each and every Governmental Unit.\n\n60. *\"Governmental Unit\"* has the meaning set forth in Section 101(27) of the Bankruptcy Code. Av\n\n61. \"*HK USA*\" means HK International Funds Investments (USA) Limited, LLC, an entity with a registered address of 203 NE Front Street, Suite 101, Milford, DE 19963.\n\n62. \"*Holders*\" means holders of Allowed Claims entitled to receive Distributions from the Reorganized Debtor under the Plan, whether or not such Claims were Allowed Claims on the Effective Date.\n\n63. \"*Impaired*\" means, with respect to a Claim, or Class of Claims, \"impaired\" within the meaning of Sections 1123(a)(4) and 1124 of the Bankruptcy Code.\n\n64. \"*Initial Distribution Date*\" means the date on which the Creditor Trust shall make its initial Distribution, which shall be a date selected by the Creditor Trustee.\n\n65. \"*Insider*\" has the meaning ascribed to such term under section 101(31) of the Bankruptcy Code.\n\n66. \"*Lamp*\" means Lamp, LLC.\n\n67. \"*Litigation Funding Claims*\" means the Claims held by Golden Spring and Lamp, including but not limited to any DIP Facility Claims.\n\n68. \"*Net Proceeds*\" means any amounts collected by the Reorganized Debtor from any disposition of any property, after payment of all reasonable and customary costs and expenses associated therewith which may be required to be paid under applicable law or agreement to effectuate the receipt of such proceeds, including, without limitation, any reasonable attorney fees not otherwise paid under the Plan as an Administrative Claim.\n\n69. \"*Noticing Agent*\" means Stretto, Inc.\n\n70. \"*Other Secured Claim*\" means any Secured Claim that is not a Litigation Funding Claim.\n\n71. *\"Person\"* has the meaning ascribed to such term in Bankruptcy Code Section 101(41).\n\n72. \"*Petition Date*\" means February 15, 2022, the date on which the Debtor Filed the Chapter 11 Case.\n\n73. \"*Plan*\" means this plan under chapter 11 of the Bankruptcy Code, either in its present form or as it may be altered, amended, modified or supplemented from time to time in accordance with the Bankruptcy Code, the Bankruptcy Rules or herewith, as the case may be, and the Plan Supplement, which is incorporated herein by reference.\n\n74. *\"Plan Funders\"* means Golden Spring and HK USA.\n\n75. *\"Plan Funder Related Parties\"* means all individuals and entities affiliated with the Plan Funders and shall include, for the avoidance of doubt, the parties identified in Exhibit [●] to this Plan (as may be further amended or supplemented by the Plan Supplement).\n\n76. *\"Plan Funder Released Claims*\" means any and all claims, obligations, suits, judgments, damages, demands, debts, rights, causes of action, and liabilities whatsoever against the Plan Funder in connection with or in any way relating to the DIP Facility, the Disclosure Statement or the Plan (other than the rights of the Debtor, the Reorganized Debtor or the Creditor Trust to enforce the obligations under the Confirmation Order and the Plan and the contracts, instruments, releases, and other agreements or documents delivered thereunder), whether liquidated or unliquidated, fixed or contingent, matured or unmatured, known or unknown, foreseen or unforeseen, then existing or thereafter arising, in law, equity, or otherwise, whether for tort, contract, violation of federal or state securities or other law, that are based in whole or part on any act, omission, transaction, event, or other occurrence taking place on or prior to the Effective Date.\n\n77. \"*Plan Supplement*\" means the compilation of documents and forms of documents, schedules and exhibits to the Plan, as the same may be altered, amended, modified, or supplemented.\n\n78. \"*Plan Supplement Filing Date*\" means the date that is (A) at least six calendar days prior to (1) the Voting Deadline and (2) the date on which objections to Confirmation are due, or (B) such other date as may be determined by order of the Bankruptcy Court.\n\n79. *\"Priority Claims\"* means Priority Non-Tax Claims and Priority Tax Claims.\n\n80. \"*Priority Non-Tax Claims*\" means Claims or portions thereof entitled to priority in payment pursuant to Sections 507(a)(4), 507(a)(5), 507(a)(7) or 507(a)(9) of the Bankruptcy Code, in any case to the greatest extent permitted.\n\n81. \"*Priority Tax Claims*\" means Claims of Governmental Units of the kind specified in Section 507(a)(8) of the Bankruptcy Code.\n\n82. \"*Pro Rata Share*\" means, as to a particular holder of a particular Claim, the ratio that the amount of such Claim held by such claimholder bears to the aggregate amount of all Claims in the particular Class or category. Such ratio shall be calculated as if all Claims in the particular Class or category asserted against all Debtor are Allowed Claims as of the Effective Date, unless specifically provided otherwise in the Plan.\n\n83. \"*Professional*\" means (a) any Entity employed pursuant to a Final Order in accordance with Sections 327, 328, or 1103 of the Bankruptcy Code, and to be compensated for services rendered and expenses incurred pursuant to Sections 327, 328, 329, 330, or 331 of the Bankruptcy Code; and (b) ordinary course Professionals that were retained with permission of the Court.\n\n84. \"*Professional Compensation Claim*\" means a Claim of a Professional for professional services rendered or costs incurred on or after the Petition Date. For the avoidance of doubt, Professional Compensation Claims may include Claims of Professionals for services estimated to be provided through and including the Effective Date.\n\n85. \"*Professional Claims Bar Date*\" means 5:00 p.m. (Prevailing Eastern Time) on the date that is the first Business Day after the date that is forty-five (45) days after the Effective Date.\n\n86. \"*Record Date*\" means the record date for determining the entitlement of Holders to receive Distributions under the Plan on account of Allowed Claims which shall be five (5) Business Days prior to the Confirmation Date.\n\n87. *\"Related Parties\"* means, with respect to any party, its Affiliates, its and its Affiliates' predecessors, successors and assigns, subsidiaries, managed accounts or funds, current and former directors, principals, managers, officers, and equity interest holders (whether such interests are held directly or indirectly), equity interest holders' Affiliates, spouses, trusts, assigns, heirs, beneficiaries, members, partners, current and former employees, advisors, accountants, representatives, attorneys, and other professionals, each in their capacity as such.\n\n88. *\"Related Parties Released Claims\"* means any and all claims, obligations, suits, judgments, damages, demands, debts, rights, causes of action, and liabilities whatsoever against the Plan Funders and Plan Funder Related Parties in connection with or in any way relating to the Debtor and his Chapter 11 Case (other than the rights of the Debtor, the Reorganized Debtor or the Creditor Trust to enforce the obligations under the Confirmation Order and the Plan and the contracts, instruments, releases, and other agreements or documents delivered thereunder), whether liquidated or unliquidated, fixed or contingent, matured or unmatured, known or unknown, foreseen or unforeseen, then existing or thereafter arising, in law, equity, or otherwise, whether for tort, contract, violation of federal or state securities or other law, that are based in whole or part on any act, omission, transaction, event, or other occurrence taking place on or prior to the Effective Date.\n\n89. \"*Released Claims*\" means any and all claims, obligations, suits, judgments, damages, demands, debts, rights, causes of action, and liabilities whatsoever in connection with or in any way relating to the Debtor, the conduct of the Debtor, the Chapter 11 Case, the Disclosure Statement or the Plan (other than the rights of the Debtor, the Committee, the Creditor Trust or a creditor holding an Allowed Claim to enforce the obligations under the Confirmation Order and this Plan and the contracts, instruments, releases, and other agreements or documents delivered thereunder), whether liquidated or unliquidated, fixed or contingent, matured or unmatured, known or unknown, foreseen or unforeseen, then existing or thereafter arising, in law, equity, or otherwise, whether for tort, contract, violation of federal or state securities or other law, that are based in whole or part on any act, omission, transaction, event, or other occurrence taking place on or prior to the Effective Date, including but not limited to the Plan Funder Released Claims and Related Parties Released Claims.\n\n90. \"*Released Parties*\" means, collectively, the Debtor, the Plan Funders, the Plan Funder Related Parties, the Committee and each of its members solely in such capacity, any chapter 11 trustee or examiner appointed in the Chapter 11 Case, and the current and former Representatives of each of the foregoing (each in their capacities as such).\n\n91. *\"Releasing Parties\"* means (A) the Debtor, on behalf of himself and his Estate, (B) the Committee, (C) each holder of an Allowed Unsecured Trade Claim, (D) each Holder of a Claim entitled to treatment pursuant to Art. III.B.3 that makes the Boat Election, and (E) any other holder of a Claim who is entitled to vote to accept or reject the Plan, if (1) such holder votes to accept the Plan, or (2) such holder votes to reject the Plan and is not a Third Party Release Opt Out Creditor.\n\n92. \"*Remaining UC Cash*\" means any UC Cash remaining following satisfaction by the Creditor Trust of all Claims entitled to treatment pursuant to Arts. III.B.3(b)(i) and III.B.4.\n\n93. *\"Retained Causes of Action\"* means any and all Causes of Action belonging to the Debtor or Reorganized Debtor that are not Assigned Causes of Action; *provided, however*, that the Retained Causes of Action shall exclude any (a) Released Claims against Released Parties pursuant to Article IX of this Plan; (b) exculpated rights or Causes of Action against the Exculpated Parties pursuant to Article IX of this Plan; and (c) Boat Ownership Claims.\n\n94. *\"Reorganized Debtor\"* means the Debtor, on and after the Effective Date.\n\n95. \"*Representatives*\" means, with regard to any Entity, its officers, managers, directors, current and former employees, advisors, attorneys, professionals, accountants, investment bankers, financial advisors, consultants and agents, each in their capacities as such. For purposes of this definition, the term \"manager\" shall mean the manager of a board of managers of a limited liability company.\n\n96. \"*Residual Interest*\" means the interest of the Debtor in the Creditor Trust Estate Assets after satisfaction of all Claims in accordance with the terms of this Plan.\n\n97. \"*Schedules*\" means the *Schedules of Assets and Liabilities and Statement of Financial Affairs*, filed on March 9, 2022, as may be amended or supplemented.\n\n98. \"*Secured Claim*\" means a Claim that is secured (i) by a lien that is valid, perfected and enforceable under the Bankruptcy Code or applicable non-bankruptcy law or by reason of a Final Order; or (ii) as a result of rights of setoff under Section 553 of the Bankruptcy Code, but in any event only to the extent of the value, determined in accordance with Section 506(a) of the Bankruptcy Code, of the holder's interest in the Estate's interest in such property or to the extent of the amount subject to such setoff, as the case may be.\n\n99. \"*Subsequent Distribution Date*\" means the date(s) following the Initial Distribution Date on which the Creditor Trust shall make one or more Distribution(s), which date(s) shall be selected by the Creditor Trustee in his or her business judgment.\n\n100. *\"Taxing Authority\"* means any Governmental Unit responsible for the assessment, accounting and/or collection of tax revenues, including but not limited to the Texas Comptroller of Public Accounts, Revenue Accounting Division.\n\n101.\"*Third Party Release Opt Out Creditor*\" means a creditor which has voted to reject this Plan and affirmatively opted out of providing the releases of the Plan Funder or the Plan Funder Related Parties set forth in Article IX of this Plan on the ballot used to solicit votes to accept or reject the Plan.\n\n102.\"*U.S. Trustee*\" means the United States Trustee for Region 2.\n\n103.*\"Unexpired Lease*\" means a lease to which one or more of the Debtor is a party that is subject to assumption or rejection under sections 365 or 1123 of the Bankruptcy Code, if any.\n\n104.\"*Unimpaired*\" means, with respect to a Claim, or Class of Claims, not \"impaired\" within the meaning of Sections 1123(a)(4) and 1124 of the Bankruptcy Code.\n\n105.\"*Unsecured Litigation Claim*\" means a claim which arose prior to the Petition Date which (a) is not entitled to priority under section 507 of the Bankruptcy Code, (b) is not a Secured Claim, (c) is not a Litigation Funding Claim, (d) is not an Unsecured Trade Claim, and (e) arises under, or is related to, any pending or threatened litigation against the Debtor as of the Petition Date.\n\n106.\"*Unsecured Trade Claim*\" means an claim which (a) is not entitled to priority under section 507 of the Bankruptcy Code (b) is not a Secured Claim, (c) is not a Litigation Funding Claim, and (d) is not an Unsecured Litigation Claim; *provided, however*, an Unsecured Trade Claim shall include the pre-Petition Date Claims held by a provider of goods or services engaged by the Debtor in connection with any litigation asserted by or against the Debtor; *provided further, however,* that to receive the treatment afforded an Unsecured Trade Claim, the Holder of any such Claim must agree to (x) become a Releasing Party as defined herein and (y) provide the Debtor with trade credit terms at least as favorable as those provided to the Debtor within the 90 days prior to the Petition Date. Any Holder of a potential Unsecured Trade Claim that declines to provide such releases and trade credit terms shall, instead, have its Claim treated as a Class 3 Unsecured Litigation Claim.\n\n107.\"*UC Cash*\" means Cash contributed by the Plan Funder to the Creditor Trust in an amount sufficient to satisfy the all Claims entitled to treatment pursuant to Art. III.B.3(b)(ii) or III.B.4.\n\n# B. *Rules of Interpretation*\n\n1. For purposes herein: (a) in the appropriate context, each term, whether stated in the singular or the plural, shall include both the singular and the plural, and pronouns stated in the masculine, feminine or neutral gender shall include the masculine, feminine and the neutral gender; (b) any reference herein to a contract, instrument, release, or other agreement or document being in a particular form or on particular terms and conditions means that the referenced document shall be substantially in that form or substantially on those terms and conditions; (c) any reference herein to an existing document or exhibit having been Filed or to be Filed shall mean that document or exhibit, as it may thereafter be amended, modified or supplemented; (d) unless otherwise specified, all references herein to \"Articles\" are references to Articles hereof or hereto; (e) the words ''herein,'' \"hereof\" and ''hereto'' refer to the Plan in its entirety rather than to a particular portion of the Plan; (f) captions and headings of Articles are inserted for convenience of reference only and are not intended to be a part of or to affect the interpretation hereof; (g) the rules of construction set forth in Section 102 of the Bankruptcy Code shall apply; and (h) any term used in capitalized form herein that is not otherwise defined but that is used in the Bankruptcy Code or the Bankruptcy Rules shall have the meaning assigned to that term in the Bankruptcy Code or the Bankruptcy Rules, as the case may be.\n\n2. The provisions of Fed. R. Bankr. P. 9006(a) shall apply in computing any period of time prescribed or allowed hereby.\n\n3. All references herein to monetary figures shall refer to currency of the United States of America, unless otherwise expressly provided.\n\n4. To the extent of any inconsistency between this Plan and the Disclosure Statement filed in connection herewith, the Plan Supplement or any component thereof, or the Debtor Organizational Documents, the Plan shall control.\n\n## C. *Exhibits*\n\nAll exhibits to this Plan will be included with the Plan Supplement, which will be Filed in substantially final form with the Bankruptcy Court no later than ten (10) calendar days prior to the deadline to vote to accept or reject the Plan. The Plan Supplement shall be available for inspection (i) at the Office of the Clerk of the Bankruptcy Court, or (ii) at htt or (iii) from the Noticing Agent website at http or (iv) additionally, interested parties may also obtain a copy of the Plan Supplement (including all exhibits contained therein), once filed, from the Debtor by a written request sent to: Brown Rudnick LLP, 7 Times Square, 47th Fl., New York, NY 10036, Attn: Alexandra Deering, Paralegal.\n\n#### **ARTICLE II**\n\n#### **UNCLASSIFIED CLAIMS**\n\nIn accordance with section 1123(a)(1) of the Bankruptcy Code, Administrative Claims and Priority Tax Claims have not been classified and thus are excluded from the Classes of Claims set forth in Article III.\n\n#### A. *Administrative Claims*\n\nSubject to the provisions of Sections 328, 330(a), and 331 of the Bankruptcy Code, the Debtor or the Creditor Trust after the Effective Date, as applicable, shall pay each holder of an Allowed Administrative Claim the full unpaid amount of such Allowed Administrative Claim in Cash: (i) on the Effective Date or as soon as practicable thereafter (or, if not then due, when such Allowed Administrative Claim is due or as soon as practicable thereafter); (ii) if such Claim is Allowed after the Effective Date, on the date such Claim is Allowed or as soon as practicable thereafter (or, if not then due, when such Allowed Administrative Claim is due); (iii) at such time and upon such terms as may be agreed upon by such holder and the Debtor or the Reorganized Debtor, as applicable; or (iv) at such time and upon such terms as set forth in an order of the Bankruptcy Court; *provided*, *however*, that the U.S. Trustee shall not be required to file a request for payment of fees and charges assessed against the Estates under 28 U.S.C. §1930 before the applicable Administrative Bar Date.\n\n# B. *Professional Compensation Claims*\n\n1. The Bankruptcy Court shall fix in the Confirmation Order a deadline for filing all Professional Compensation Claims with respect to services provided prior to the Effective Date, which deadline may be extended for one or more Professionals by agreement of the Reorganized Debtor. Any Professional Compensation Claim not Filed by the Professional Claims Bar Date shall be deemed disallowed under this Plan and shall be forever barred against the Estates, the Reorganized Debtor, the Creditor Trust or any other property held or maintained by the Reorganized Debtor or the Creditor Trust, and the holder thereof shall be enjoined from commencing or continuing any action, employment of process or act to collect, offset, recoup or recover such Claim. Subject to the provisions of Sections 328, 330(a), and 331 of the Bankruptcy Code, the Debtor or the Creditor Trust after the Effective Date, as applicable, shall pay each holder of an Allowed Professional Compensation Claim the full unpaid amount of such Allowed Professional Compensation Claim in Cash no later than five (5) Business Days after the date that such Claim is Allowed by order entered by the Bankruptcy Court, notwithstanding any pending appeal or request for stay or reconsideration of such order.\n\n2. From and after the Effective Date, (a) the Reorganized Debtor shall, in the ordinary course of business and without any further notice or application to or action, order, or approval of the Bankruptcy Court, pay in Cash the reasonable legal, professional, or other fees and expenses related to the implementation of the Plan incurred on or after the Effective Date by the Reorganized Debtor, *provided that*, such fees and expenses shall not be paid or payable from the Administrative and Priority Claims Reserve; and (b) the Creditor Trust shall, without any further notice or application to or action, order, or approval of the Bankruptcy Court, pay in Cash the reasonable legal, professional, or other fees and expenses related to the implementation of the Plan incurred on or after the Effective Date by the Creditor Trust. Upon the Effective Date, any requirement that Professionals comply with sections 327 through 331, 363, and 1103 of the Bankruptcy Code and Local Bankruptcy Rules, or any order of the Bankruptcy Court in seeking retention or compensation for services rendered after such date shall terminate, and the Reorganized Debtor and Creditor Trust may employ and pay any Professional in the ordinary course of business without any further notice to or action, order, or approval of the Bankruptcy Court in accordance with the terms of this Article II.B.2.\n\n## C. *Priority Tax Claims*\n\nExcept to the extent that each Holder of an Allowed Priority Tax Claim agrees to a less favorable treatment, in exchange for full and final satisfaction, settlement, release, and discharge of each Allowed Priority Tax Claim, each Holder of an Allowed Priority Tax Claim due and payable on or prior to the Effective Date shall receive, as soon as reasonably practicable after the Effective Date, on account of such Claim: (1) Cash in an amount equal to the amount of such Allowed Priority Tax Claim; (2) Cash in an amount agreed to by the applicable Debtor or Creditor Trust, as applicable, and such Holder; provided, however, that such parties may further agree for the payment of such Allowed Priority Tax Claim at a later date; or (3) at the option of the Debtor or Creditor Trust, as applicable, Cash in an aggregate amount of such Allowed Priority Claim payable in installment payments over a period not more than five years after the Petition Date, pursuant to section 1129(a)(9)(C) of the Bankruptcy Code. To the extent any Allowed Priority Tax Claim is not due and owing on or before the Effective Date, such Claim shall be paid by the Reorganized Debtor in full in Cash in accordance with the terms of any agreement between the Debtor and such Holder, or as may be due and payable under applicable non-bankruptcy law or in the ordinary course of business. To the extent the Debtor or Reorganized Debtor receive any refund from a Taxing Authority relating to a period preceding the Effective Date, such refund shall be applied against the outstanding Priority Tax Claims, if any, filed by the Taxing Authority from which such refund is due, and any remaining refund from a Taxing Authority shall be transferred to the Reorganized Debtor.\n\n#### D. *United States Trustee Statutory Fees*\n\nThe Debtor and the Reorganized Debtor, as applicable, shall pay all United States Trustee quarterly fees under 28 U.S.C § 1930(a)(6), plus any interest due and payable under 31 U.S.C. § 3717 on all disbursements, including Plan payments and disbursements in and outside the ordinary course of the Debtor's or Reorganized Debtor's business, for each quarter (including any fraction thereof) until the Chapter 11 Case are converted, dismissed, or closed, whichever occurs first.\n\n#### **ARTICLE III**\n\n#### **CLASSIFICATION AND TREATMENT OF CLAIMS**\n\n#### A. *Summary*\n\n1. In accordance with Section 1123(a)(1) of the Bankruptcy Code, the Debtor has not classified Administrative Claims, Professional Compensation Claims, United States Trustee fees and Priority Tax Claims, as described in Article II. Accordingly, except for such Claims, all Claims are placed in Classes as set forth below.\n\n2. The following table classifies Claims against the Debtor for all purposes, including voting, confirmation and Distribution pursuant hereto and pursuant to Sections 1122 and 1123(a)(1) of the Bankruptcy Code. The Plan deems a Claim to be classified in a particular Class only to the extent that the Claim qualifies within the description of that Class and shall be deemed classified in a different Class to the extent that any remainder of such Claim qualifies within the description of such different Class. A Claim is in a particular Class only to the extent that any such Claim is Allowed in that Class and has not been paid or otherwise settled prior to the Effective Date.\n\n| Class | Claim | Status | Voting Rights |\n|-------|-----------------------------|------------|----------------------------------------|\n| 1 | Other Secured Claims | Unimpaired | Not Entitled to Vote; Deemed to Accept |\n| 2 | Priority Non-Tax Claims | Unimpaired | Not Entitled to Vote; Deemed to Accept |\n| 3 | Unsecured Litigation Claims | Impaired | Entitled to Vote |\n| 4 | Unsecured Trade Claims | Impaired | Entitled to Vote |\n| 5 | Litigation Funding Claims | Impaired | Entitled to Vote |\n\n## B. *Classification and Treatment of Claims*\n\n1. Other Secured Claims (Class 1)\n\n(a) *Classification*: Class 1 consists of Other Secured Claims.\n\n(b) *Treatment*: Unless otherwise mutually agreed upon by the holder of an Allowed Other Secured Claim and the Debtor or Creditor Trust, as applicable, on the later of the Effective Date and the date such Other Secured Claim becomes Allowed, or as soon thereafter as is practicable, the Creditor Trust shall, at the Creditor Trust's sole and exclusive election and to the extent applicable, in full and final satisfaction of such Other Secured Claim, do one of the following:\n\n(i) Deliver to the holder of such Claim the collateral securing such Allowed Other Secured Claim;\n\n(ii) Pay to the holder of such Claim Cash in an amount equal to the value of such collateral; or\n\n(iii) Provide such other treatment that renders such Allowed Other Secured Claim Unimpaired.\n\n(c) *Voting*: Class 1 is Unimpaired, and each holder of an Other Secured Claim is conclusively deemed to have accepted the Plan and, therefore, is not entitled to vote on the Plan.\n\n- 2. Priority Non-Tax Claims (Class 2)\n\t- (a) *Classification*: Class 2 consists of Priority Non-Tax Claims.\n\n(b) *Treatment:* Unless otherwise mutually agreed upon by the holder of an Allowed Class 2 Priority Non-Tax Claim and the Debtor or Creditor Trust, as applicable, on the later of the Effective Date and the date such Allowed Priority Non-Tax Claim becomes Allowed, or as soon thereafter as is practicable, the Creditor Trust shall pay to each holder of an Allowed Class 2 Priority Non-Tax Claim the full amount of such Allowed Class 2 Priority Non-Tax Claim in Cash in full and final satisfaction of such Allowed Priority Non-Tax Claim.\n\n(c) *Voting*: Class 2 is Unimpaired, and each holder of a Class 2 Priority Non-Tax Claim is conclusively deemed to have accepted the Plan and, therefore, is not entitled to vote on the Plan.\n\n- 3. Unsecured Litigation Claims (Class 3)\n\t- (a) *Classification*: Class 3 consists of Unsecured Litigation Claims.\n\n(b) *Treatment*: Holders of Allowed Unsecured Litigation Claims may elect between the following mutually exclusive treatment options:\n\n(i) On or as soon as practicable after the Initial Distribution Date and/or any Subsequent Distribution Date, the Creditor Trust shall pay to the Holder, in full and final satisfaction of such Allowed Unsecured Litigation Claim, an amount of Cash equal to ten percent (10%) of the allowed amount of such claim;\n\n(ii) On or as soon as practicable after the Initial Distribution Date and/or any Subsequent Distribution Date, the Creditor Trust shall pay to the Holder, in full and final satisfaction of such Allowed Unsecured Litigation Claim, its Pro Rata share of the Remaining Creditor Trust Estate Assets; *provided that* prior to the voting record date on the Plan, such Holder shall indicate its preference to make, or not make, the Boat Election.\n\n(c) *Voting*: Class 3 is Impaired, and holders of Unsecured Litigation Claims are entitled to vote to accept or reject the Plan.\n\n4. Unsecured Trade Claims (Class 4)\n\n(a) *Classification*: Class 4 consists of Unsecured Trade Claims.\n\n(b) *Treatment*: On or as soon as practicable after the Initial Distribution Date and/or any Subsequent Distribution Date, the Creditor Trust shall pay each Holder of an Allowed Unsecured Trade Claim, in full and final satisfaction of such Allowed Unsecured Trade Claim, an amount of Cash equal to ten percent (10%) of the allowed amount of such Claim.\n\n(c) *Voting*: Class 4 is Impaired, and holders of Unsecured Trade Claims are entitled to vote to accept or reject the Plan.\n\n- 5. Litigation Funding Claims (Class 5)\n\t- (a) *Classification*: Class 5 consists of the Litigation Funding Claims.\n\n(b) *Treatment*: The Holders of the Class 5 Litigation Funding Claims shall receive the Subordinated Liquidating Trust Interests in satisfaction of such Class 5 Family Office Claims; *provided, however*, no distribution shall be made on account of a Class 5 Litigation Funding Claim in excess of the Allowed Amount of such Claim.\n\n(c) *Voting*: Class 5 is Impaired, and the holders of the Litigation Funding Claims are entitled to vote to accept or reject the Plan. To the extent the Holder of a Litigation Funding Claim is an Insider of the Debtor, the vote by such Holder shall not be considered for purposes of satisfaction of section 1129(a)(10) of the Bankruptcy Code.\n\n# C. *Elimination of Vacant Classes*\n\nAny Class of Claims that does not contain, as of the Confirmation Date, a Holder of an Allowed Claim, or a Holder of a Claim temporarily allowed under Bankruptcy Rule 3018, shall be deemed deleted from the Plan for all purposes, including for purposes of determining acceptance of the Plan by such Class under Section 1129(a)(8) of the Bankruptcy Code.\n\n#### D. *Allocation of Distributions Between Principal and Interest*\n\nFor Distributions in respect of Allowed Claims, to the extent that any such Claim entitled to a Distribution under the Plan is comprised of indebtedness and accrued but unpaid interest thereon, such Distribution shall be allocated to the principal amount (as determined for federal income tax purposes) of the Claim first, and then to the extent the consideration exceeds the principal amount of the Claim, to accrued but unpaid interest.\n\n# E. *Special Provision Governing Unimpaired Claims*\n\nExcept as otherwise provided in the Plan, nothing under the Plan shall affect the rights of the Creditor Trust and/or Reorganized Debtor in respect of any Unimpaired Claim, including, without limitation, all rights in respect of legal and equitable defenses to or setoffs or recoupments against any such Unimpaired Claim.\n\n# F. *Non-Consensual Confirmation*\n\nThe Debtor reserve the right to seek confirmation of the Plan under Section 1129(b) of the Bankruptcy Code. To the extent that any Class votes to reject the Plan, the Debtor further reserve the right to modify the Plan in accordance with Article XI.A.\n\n# **ARTICLE IV**\n\n### **MEANS FOR IMPLEMENTATION OF THE PLAN**\n\n#### A. *General Settlement of Claims*\n\nAs discussed further in the Disclosure Statement and as otherwise provided herein, pursuant to section 1123 of the Bankruptcy Code and Bankruptcy Rule 9019, and in consideration for the classification, distributions, releases, and other benefits provided under the Plan, upon the Effective Date, the provisions of the Plan shall constitute a good faith compromise and settlement of all Claims and controversies resolved pursuant to the Plan. Distributions made to Holders of Allowed Claims in any Class are intended to be final.\n\n#### B. *Restructuring Transactions*\n\nOn the Effective Date or as soon as reasonably practicable thereafter, the Reorganized Debtor, Plan Funders and Creditor Trust may take all actions as may be necessary or appropriate to effect any transaction described in, approved by, contemplated by or necessary to effectuate the Plan, including the execution, filing, and/or performance upon all documents filed with the Plan Supplement, and further including but not limited to: (1) the execution and delivery of appropriate agreements or other documents containing terms that are consistent with the terms of the Plan and that satisfy the requirements of applicable law, including but not limited to any documentation related to the Creditor Trust Agreement; (2) the execution and delivery of appropriate instruments of transfer, assignment, assumption, or delegation of any property, right, liability, duty, or obligation on terms consistent with the terms of the Plan; and (3) all other actions that the Reorganized Debtor and Creditor Trust, as applicable, determine are necessary or appropriate.\n\n#### C. *The Reorganized Debtor*\n\n1. Except as otherwise provided in the Plan or any agreement, instrument, or other document incorporated herein, on the Effective Date, (a) all Creditor Trust Estate Assets shall vest in the Creditor Trust and (b) all property of the Estate which is not a Creditor Trust Estate Asset, including Retained Causes of Action, shall vest in the Reorganized Debtor, free and clear of all Liens, Claims, charges, or other encumbrances. On and after the Effective Date, except as otherwise provided in the Plan, the Reorganized Debtor may use, acquire, or dispose of property without supervision or approval by the Bankruptcy Court and free of any restrictions of the Bankruptcy Code or Bankruptcy Rules.\n\n2. At such times and on such terms as reasonably convenient to the Creditor Trust and the Reorganized Debtor, at the expense of the Creditor Trust, the Reorganized Debtor shall provide to the Creditor Trust timely access to the Debtor's books and records (subject to the Reorganized Debtor's power to preserve any Debtor Privilege), if any, and shall otherwise cooperate with the Creditor Trust in fulfillment of the Creditor Trust's duties as described further herein.\n\n3. All Debtor Privileges shall automatically vest in the Reorganized Debtor and his Representatives.\n\n4. The Creditor Trustee shall (i) be the beneficiary of Debtor Privileges and (ii) be entitled to assert all Debtor Privileges, in either case solely to the extent such Debtor Privileges relate to the Assigned Causes of Action or Assigned Claims Objections. To the extent necessary for the Creditor Trustee to act in accordance with the terms of the Plan and Creditor Trust Agreement, Debtor Privileges shall be extended to the Creditor Trustee, without waiver or release. No Debtor Privilege shall be waived by disclosure to the Creditor Trustee of the Debtor's documents, information or communications subject to attorney-client privileges, work product protections or immunities or protections from disclosure held by the Debtor. For the avoidance of doubt, the Creditor Trustee shall not have any rights or ability to waive any privilege of the Reorganized Debtor, either intentionally or inadvertently. The foregoing shall not operate as a waiver or other impairment of other privileges possessed or retained by the Debtor.\n\n5. Upon the satisfaction of all Claims against the Debtor, the Creditor Trust shall transfer all remaining Creditor Trust Estate Assets to the Reorganized Debtor on account of the Debtor's Residual Interest in such assets. Upon such transfer, all Assigned Causes of Action shall be deemed Retained Causes of Action and shall vest with the Reorganized Debtor in accordance with paragraph Art. IV.C.1, above and Art. IV.J, below.\n\n# D. *Creditor Trust*\n\n#### 1. Appointments.\n\n(a) On and after the Effective Date, the initial Creditor Trustee shall become and serve as Creditor Trustee. The Creditor Trustee will receive compensation and reimbursement of reasonable expenses, as shall be specifically set forth in the Creditor Trust Agreement. The Creditor Trustee shall not be required to file a fee application to receive compensation.\n\n(b) The Creditor Trustee will be a disinterested Person designated by the Debtor in the Plan Supplement.\n\n(c) The Creditor Trustee shall carry out the duties as set forth in this Article IV.D. and in the Creditor Trust Agreement. Pursuant to Bankruptcy Code § 1123(b)(3), the Creditor Trustee shall be deemed the appointed representative to, and may pursue, litigate, and compromise and settle the Assigned Causes of Action and Assigned Claims Objections in accordance with the best interests of and for the benefit of the Creditor Trust's Beneficiaries.\n\n(d) The Creditor Trustee shall have the power and authority to perform the acts described in the Creditor Trust Agreement (subject to approval by the Court where applicable), in addition to any powers granted by law or conferred to it by any other provision of the Plan, including without limitation any set forth herein, provided however, that enumeration of the following powers shall not be considered in any way to limit or control the power and authority of the Creditor Trustee to act as specifically authorized by any other provision of this Plan, the Creditor Trust Agreement, and/or any applicable law, and to act in such manner as the Creditor Trustee may deem necessary or appropriate to take any act deemed appropriate by the Creditor Trustee, including, without limitation, to discharge all obligations assumed by the Creditor Trustee or provided herein and to conserve and protect the Creditor Trust or to confer on the creditors the benefits intended to be conferred upon them by this Plan. The Creditor Trustee shall have the power and authority without further approval by the Court to liquidate the CT Assets, to hire and pay professional fees and expenses of counsel and other advisors, to prosecute and settle objections to Disputed Claims, to prosecute and settle any Estate Claims, and otherwise take any action as shall be necessary to administer the cases and effect the closing of the cases, including, without limitation, as follows: (a) the power to invest funds, in accordance with section 345 of the Bankruptcy Code, and withdraw, make Distributions and pay taxes and other obligations owed by the Creditor Trust from funds held by the Creditor Trustee in accordance with this Plan and Creditor Trust Agreement; (b) the power to engage and compensate, without prior Bankruptcy Court order or approval, employees and professionals to assist the Creditor Trustee with respect to his or her responsibilities; (c) the power to pursue, prosecute, resolve and compromise and settle any Assigned Causes of Action on behalf of the Creditor Trust without prior Bankruptcy Court approval but in accordance with the Creditor Trust Agreement; (d) the power to commence the Assigned Claims Objections, including, without limitation, the power to subordinate and recharacterize Claims related to Assigned Causes of Action by objection, motion, or adversary proceeding; and (e) such other powers as may be vested in or assumed by the Creditor Trustee pursuant to this Plan, the Creditor Trust Agreement, Bankruptcy Court order, or as may be necessary and proper to carry out the provisions of this Plan.\n\n(e) Except as expressly set forth in this Plan and in the Creditor Trust Agreement, the Creditor Trustee, on behalf of the Creditor Trust, shall have absolute discretion to pursue or not to pursue any Assigned Cause of Action as it determines is in the best interests of the Creditor Trust's Beneficiaries and consistent with the purposes of the Creditor Trust, and shall have no liability for the outcome of his or her decision, other than those decisions constituting gross negligence or willful misconduct. The Creditor Trustee may incur any reasonable and necessary expenses in liquidating and converting the CT Assets to Cash. Subject to the other terms and provisions of this Plan, the Creditor Trustee shall be granted standing, authority, power and right to assert, prosecute and/or settle the Assigned Causes of Action based upon its powers as a Bankruptcy Court-appointed representative of the Debtor's Estates with the same or similar abilities possessed by insolvency trustees, receivers, examiners, conservators, liquidators, rehabilitators or similar officials.\n\n(f) In the event that the Creditor Trustee resigns, is removed, terminated or otherwise unable to serve as the Creditor Trustee, then a successor shall be appointed as set forth in the Creditor Trust Agreement. Any successor Creditor Trustee appointed shall be bound by and comply with the terms of the Plan, the Confirmation Order and the Creditor Trust Agreement\n\n#### 2. Creation and Governance of the Creditor Trust.\n\n(a) On the Effective Date, the Creditor Trustee shall execute the Creditor Trust Agreement and shall take any other steps necessary to establish the Creditor Trust in accordance with the Plan and the beneficial interests therein. The Creditor Trust Agreement shall contain provisions customary to trust agreements utilized in comparable circumstances, including, without limitation, any and all provisions necessary to ensure the continued treatment of the Creditor Trust as a grantor trust and the Creditor Trust Beneficiaries as the grantors and owners thereof for federal income tax purposes. The Creditor Trust Agreement may provide powers, duties, and authorities in addition to those explicitly stated herein, but only to the extent that such powers, duties, and authorities do not affect the status of the Creditor Trust as a \"liquidating trust\" for United States federal income tax purposes.\n\n(b) Upon establishment of the Creditor Trust, all Creditor Trust Estate Assets shall be deemed transferred to the Creditor Trust on the Effective Date without any further action of any of the Debtor or any employees, agents, advisors, or representatives of the Debtor. The Creditor Trustee shall agree to accept and hold the CT Assets for the benefit of the Creditor Trust Beneficiaries, subject to the terms of the Plan and the Creditor Trust Agreement. The Debtor, the Plan Funders, the Creditor Trustee, the Creditor Trust Beneficiaries, and any party under the control of such parties will execute any documents or other instruments and shall take all other steps as necessary to cause title to the Creditor Trust Estate Assets, the Boat and the UC Cash to be transferred to the Creditor Trust.\n\n(c) For federal income tax purposes, the transfer of the assets to the Creditor Trust will be treated as a taxable sale or other disposition of assets to the Creditor Trust Beneficiaries in exchange for their Claims in the Chapter 11 Case. A Holder of a Claim should in most circumstances recognize gain or loss equal to the difference between the \"amount realized\" received by such Holder in exchange for its Claim and such Holder's adjusted tax basis in the claim. The \"amount realized\" is equal to the sum of the cash and the fair market value of any other consideration received in such exchange. The tax basis of a Holder in a Claim will generally be equal to the holder's cost therefor. To the extent applicable, the character of any recognized gain or loss (that is, ordinary income, or short-term or long-term capital gain or loss) will depend upon the status of the Holder, the nature of the claim in the Holder's hands, the purposes and circumstances of the claim's acquisition, the Holder's holding period of the claim, and the extent to which the holder previously claimed a deduction for the worthlessness of all or a portion of the claim.\n\n(d) For United States federal income tax purposes, all parties (including, without limitation, the Debtor, the Creditor Trustee, and the Creditor Trust Beneficiaries) shall treat the transfer of the Creditor Trust Estate Assets, Boat and UC Cash to the Creditor Trust as (1) a transfer of the Creditor Trust Estate Assets to the Creditor Trust Beneficiaries, followed by (2) the contribution of such assets to the Creditor Trust in exchange for interests therein. As soon as possible after the Effective Date, the Creditor Trustee shall make (or cause to be made) a good faith valuation of the assets of the Creditor Trust, and such valuation shall be used consistently by all parties for United States federal income tax purposes. Accordingly, Creditor Trust Beneficiaries shall be treated for United States federal income tax purposes as the grantors and owners of their respective shares of CT Assets (other than such Creditor Trust Estate Assets as are allocable to Disputed Claims). The foregoing treatment shall also apply, to the extent permitted by applicable law, for state and local income tax purposes.\n\n(e) The Creditor Trustee shall file returns for the Creditor Trust as a grantor trust pursuant to Treasury Regulations section 1.671-4(a) and in accordance with the Plan. The Creditor Trust's taxable income, gain, loss, deduction, or credit will be allocated to each of the Creditor Trust Beneficiaries in accordance with their relative beneficial interests in the Creditor Trust.\n\n(f) Allocations of Creditor Trust taxable income among Creditor Trust Beneficiaries (other than taxable income allocable to any assets allocable to, or retained on account of, Disputed Claims) shall be determined by reference to the manner in which an amount of Cash representing such taxable income would be distributed (were such Cash permitted to be distributed at such time) if, immediately prior to such deemed Distribution, the Creditor Trust had distributed all its assets (valued at their tax book value, other than assets allocable Disputed Claims) to the holders of Creditor Trust Interests, adjusted for prior taxable income and loss and taking into account all prior and concurrent Distributions from the Creditor Trust. Similarly, taxable loss of the Creditor Trust shall be allocated by reference to the manner in which an economic loss would be borne immediately after a hypothetical liquidating distribution of the remaining Creditor Trust Estate Assets. The tax book value of CT Assets for purpose of this paragraph shall equal their fair market value on the date CT Assets are transferred to the Creditor Trust, adjusted in accordance with tax accounting principles prescribed by the IRC, the applicable Treasury Regulations, and other applicable administrative and judicial authorities and pronouncements.\n\n(g) Subject to definitive guidance from the IRS or a court of competent jurisdiction to the contrary, the Creditor Trustee (i) may timely elect to treat any CT Assets allocable to Disputed Claims as a \"disputed ownership fund\" governed by Treas. Reg. § 1.468B-9, and (ii) to the extent permitted by applicable law, shall report consistently for state and local income tax purposes. If a \"disputed ownership fund\" election is made, all parties (including the Creditor Trustee and Creditor Trust Beneficiaries) shall report for United States federal, state and local income tax purposes consistently with the foregoing.\n\n(h) The Creditor Trust shall be responsible for payment, out of Creditor Trust Estate Assets, of any taxes imposed on the Creditor Trust (including any Disputed Claim Reserve) or the Creditor Trust Estate Assets. More particularly, any taxes imposed on any Disputed Claim Reserve or its assets will be paid out of the assets of the Disputed Claim Reserve (including any Creditor Trust Estate Assets allocable to Disputed Claims), and netted against any subsequent distributions in respect of the allowance or disallowance of such Claims.\n\n(i) The Creditor Trust shall be governed by the Creditor Trust Agreement and administered by the Creditor Trustee. The powers, rights, and responsibilities of the Creditor Trustee shall be specified in the Creditor Trust Agreement.\n\n3. Vesting of Creditor Trust Estate Assets. On the Effective Date, the Creditor Trust will automatically be vested with all of the Debtor's and the Estates' respective rights, title, and interest in and to all Creditor Trust Estate Assets, free and clear of all Claims, Liens, encumbrances, charges, and other interests. Upon completion of the transfer of the Creditor Trust Estate Assets to the Creditor Trust, except as otherwise set forth in the Plan or Confirmation Order, the Debtor and Reorganized Debtor will have no further interest in, or with respect to, the Creditor Trust Estate Assets, or the Creditor Trust, other than the Reorganized Debtor's Residual Interest. Likewise, upon completion of such transfer and subject to such exceptions as may be set forth in the Plan or Confirmation Order, the Creditor Trust shall have no rights, title, or interest in or to any property of the Debtor or the Estates other than the Creditor Trust Estate Assets. The Creditor Trust shall hold and distribute the Creditor Trust Estate Assets in accordance with the provisions of the Plan and the Creditor Trust Agreement.\n\n4. Paying Agent. On the Effective Date, the Creditor Trust will receive the UC Cash free and clear of all Claims, Liens, encumbrances, charges, and other interests. The Creditor Trustee shall act as paying agent with respect to Holders of Unsecured Trade Claims and Claims entitled to treatment pursuant to Art. III.B.3(b)(i).\n\n5. Purpose of the Creditor Trust. The Creditor Trust shall be established for the purpose of liquidating and distributing its assets, in accordance with Treasury Regulation section 301.7701-4(d) and as a \"grantor trust\" for federal income tax purposes, pursuant to sections 671 through 679 of the Internal Revenue Code, with no objective to continue or engage in the conduct of a trade or business.\n\n6. Authority. The Creditor Trustee shall have the authority and right on behalf of the Debtor and the Estates and without the need for Bankruptcy Court approval (in each case, unless otherwise provided in the Plan or the Creditor Trust Agreement) to carry out and implement all applicable provisions of the Plan, including to:\n\n(a) Evaluate, file, litigate, settle, or otherwise pursue any of the Assigned Causes of Action;\n\n(b) review, reconcile, compromise, settle, seek to subordinate, or object to Claims related to Assigned Causes of Action, whether filed or scheduled (and regardless of whether they were scheduled as undisputed, noncontingent or liquidated), and resolve such Assigned Claim Objections as set forth in the Plan, free of any restrictions of the Bankruptcy Code or the Bankruptcy Rules;\n\n(c) calculate and make interim and final Distributions under the Plan;\n\n(d) calculate and establish a Disputed Claims Reserve under and in accordance with the Plan and Creditor Trust Agreement;\n\n(e) retain, compensate, and employ professionals and other Persons to represent the Creditor Trustee with respect to and in connection with its rights and responsibilities;\n\n(f) establish, maintain, and administer documents and accounts as appropriate, which shall be segregated to the extent appropriate in accordance with the Plan;\n\n(g) maintain, conserve, collect, settle, manage, invest, enforce and protect the CT Assets, including all rights and remedies thereunder, arising therefrom or associated therewith;\n\n(h) sell, liquidate, transfer, assign, distribute, abandon, or otherwise dispose of the CT Assets or any part thereof or interest therein upon such terms as the Creditor Trustee determines to be necessary, appropriate, or desirable;\n\n(i) negotiate, incur, and pay the expenses of the Creditor Trust;\n\n(j) prepare and file any and all tax and informational returns, reports, statements, returns, and other documents or disclosures relating to the Debtor that are required under the Plan, by any governmental unit, or by applicable law;\n\n(k) compile and maintain the official claims register, including for purposes of making initial and subsequent Distributions under the Plan;\n\n(l) remit to Golden Spring any Remaining UC Cash following satisfaction of Claims entitled to treatment pursuant to Arts. III.B.3(b)(i) and III.B.4;\n\n(m) request and obtain access to the books and records of the Debtor (excluding any items which may implicate any Debtor Privileges that are unrelated to the Assigned Causes of Action);\n\n(n) invest Cash (including any earnings thereon or proceeds therefrom) as permitted by section 345 of the Bankruptcy Code; provided, however, that such investments are investments permitted to be made by a liquidating trust within the meaning of Treasury Regulation section 301.7701-4(d), as reflected therein, or under applicable IRS guidelines, rulings or other controlling authorities\n\n(o) destroy records of the Creditor Trust;\n\n(p) wind up the affairs of the Creditor Trust and dissolve the Creditor Trust under applicable law;\n\n(q) subject to Art. IV.F.2 and IV.N hereof, close these Chapter 11 Case;\n\n(r) comply with the Plan, exercise the Creditor Trustee's rights, and perform the Creditor Trustee's obligations; and\n\n(s) exercise such other powers as deemed by the Creditor Trustee to be necessary and proper to implement the Plan.\n\n7. Trust Expenses. The Creditor Trustee may, in the ordinary course of business and without the necessity for any application to, or approval of, the Bankruptcy Court, pay any accrued but unpaid actual and necessary fees, costs, expenses and obligations incurred by or owed to the Creditor Trustee and his or her agents, employees, attorneys, advisors and other professionals in administering this Plan and the Creditor Trust, including, without limitation, reasonable compensation for services rendered, and reimbursement for actual and necessary expenses incurred by the Creditor Trustee and his or her agents, employees and professionals after the Effective Date through and including the date upon which the Bankruptcy Court enters a final decree closing the Chapter 11 Case. All such fees, costs, expenses and obligations shall be charged against and paid from the Creditor Trust Estate Assets.\n\n8. Non-Transferability of Creditor Trust Interests. The Creditor Trust Interests shall be non-transferable other than if transferred by will, intestate succession or otherwise by operation of law.\n\n9. Noncertificated Creditor Trust Interests. The beneficial interests in the Creditor Trust shall not be certificated, except as otherwise provided in the Creditor Trust Agreement. To the extent practicable under and not in violation of applicable securities and tax laws, the beneficial interests in the Creditor Trust may be transferable on terms to be detailed in the Creditor Trust Agreement.\n\n10. Dissolution of the Creditor Trust. The Creditor Trustee and the Creditor Trust shall be discharged or dissolved, as the case may be, at such time as (i) all assets of the Creditor Trust have been liquidated and (ii) all distributions required to be made by the Creditor Trustee under the Plan have been made, but in no event shall the Creditor Trust be dissolved later than five (5) years from the Effective Date unless the Bankruptcy Court, upon motion within the six (6) month period prior to the fifth (5th) anniversary (and, in the case of any extension, within six (6) months prior to the end of such extension), determines that a fixed period extension (not to exceed three (3) years, together with any prior extensions, without a favorable letter ruling from the IRS that any further extension would not adversely affect the status of the Creditor Trust as a liquidating trust for federal income tax purposes) is necessary to facilitate or complete the recovery and liquidation of the assets of the Creditor Trust.\n\n11. Securities Exempt. The beneficial interests to be issued to the Creditor Trust Beneficiaries under the Plan are not intended to be \"securities\" under applicable laws, but the Debtor does not represent or warrant that such interests shall not be securities or shall be entitled to exemption from registration under applicable securities laws. If such interests constitute securities, the Debtor intends for the exemption from registration provided by section 1145 of the Bankruptcy Code and under applicable securities laws to apply to their issuance under the Plan.\n\n12. Control Provision. To the extent there is any inconsistency between the Plan, as it relates to the Creditor Trust, and the Creditor Trust Agreement, the Plan shall control.\n\nE. *Reorganization Transactions and Funding of the Reorganized Debtor and Creditor Trust*\n\n1. Effective Date Transactions\n\nOn the Effective Date, the following actions and transfers shall occur:\n\n(a) All Class 5 Litigation Funding Claims shall be deemed Allowed in the amounts set forth in the Plan Supplement.\n\n(b) The Reorganized Debtor shall enter into the Creditor Trust Agreement.\n\n(c) Golden Spring shall transfer to the Creditor Trust an amount of Cash sufficient to satisfy the Creditor Trust's obligations with respect to all Claims entitled to treatment pursuant to Arts. III.B.3(b)(i) and III.B.4, *provided that* the Creditor Trust shall return to Golden Spring any Remaining UC Cash following satisfaction of all Allowed Claims entitled to such treatment.\n\n(d) The Creditor Trust shall establish and fund the Administrative and Priority Claims Reserve from the Creditor Trust Estate Assets, and the Creditor Trust shall have sole authority to maintain and make Distributions from the Administrative and Priority Claims Reserve.\n\n(e) HK USA shall transfer the Boat to the Creditor Trust.\n\n(f) Following completion of the foregoing, the Reorganized Debtor shall have the right, but not the obligation, to request closure of the Chapter 11 Case.\n\n# 2. Funding of the Creditor Trust\n\nOn the Effective Date, the Plan Funder shall fund, and the Creditor Trust shall establish and thereafter maintain, the Administrative and Priority Claims Reserve. The Plan Funder shall also fund, as applicable and in the appropriate amounts, the UC Cash.\n\n# 3. Administrative and Priority Claims Reserve\n\nOn the Effective Date, the Creditor Trust shall establish the Administrative and Priority Claims Reserve. Funds in the Administrative and Priority Claims Reserve shall be used by the Creditor Trust for the payment of U.S. Trustee Fees and Allowed Administrative Claims, Allowed Priority Claims, and Allowed Professional Compensation Claims, to the extent that such Allowed Claims have not been paid in full on or prior to the Effective Date. Any amounts remaining in the Administrative and Priority Claims Reserve after payment of all Allowed Administrative Claims, Allowed Priority Claims, and Allowed Professional Compensation Claims and U.S. Trustee Fees shall revert to the Creditor Trust.\n\n# F. *Debtor Remains Debtor-in-Possession Following the Confirmation Date*\n\nThe Debtor shall continue to function as a Debtor in Possession during the period from the Confirmation Date through and until the Effective Date.\n\n# G. *Establishment of the Administrative Bar Date*\n\n1. The Administrative Bar Date shall be thirty (30) days after the Effective Date.\n\n2. Except as otherwise provided in the Plan or the Confirmation Order, on or before 5:00 p.m. (Prevailing Eastern Time) on the Administrative Bar Date, as applicable, each holder of an Administrative Claim (to the extent such holder has not previously been paid) must File with the Bankruptcy Court a request for payment of such Administrative Claim.\n\n3. Any holder of an Administrative Claim that is required to File a request for payment of such Administrative Claim that does not File such request with the Bankruptcy Court by the Administrative Bar Date, shall be forever barred, estopped, and enjoined from asserting such Administrative Claim against the Debtor, and such Administrative Claim shall be deemed released and discharged as of the Effective Date.\n\n# H. *Term of Injunctions or Stays*\n\nUnless otherwise provided, all injunctions or stays provided for in the Chapter 11 Case pursuant to Sections 105 or 362 of the Bankruptcy Code, or otherwise, and in existence on the Confirmation Date, shall remain in full force and effect to the extent and for the duration provided in Section 362(c) of the Bankruptcy Code.\n\n# I. *Effectuating Documents and Transactions*\n\n1. Upon the Effective Date, by virtue of entry of the Confirmation Order, all actions contemplated by the Plan shall be deemed authorized, approved, and, to the extent taken prior to the Effective Date, ratified without any requirement for further action by Holders of Claims, the Debtor, or any other Entity or Person.\n\n2. The Reorganized Debtor is authorized to and may issue, execute, deliver, file, or record such contracts, securities, instruments, releases, and other agreements or documents and take such actions as may be necessary or appropriate to effectuate, implement, and further evidence the terms and conditions of the Plan, without the need for any approvals, authorization, or consents except for those expressly required pursuant to the Plan. The Reorganized Debtor shall be authorized to execute, deliver, File, or record such contracts, instruments, and other agreements or documents and take such other actions as he may deem necessary or appropriate in his reasonable discretion to implement the provisions of this Article IV.I.\n\n3. The authorizations and approvals contemplated by this Article IV.I shall be effective notwithstanding any requirements under applicable non-bankruptcy law.\n\n# J. *Preservation of Rights of Action*\n\n1. In accordance with section 1123(b) of the Bankruptcy Code, but subject to the releases set forth in Article IX below, all Retained Causes of Action that the Debtor may hold against any Person or Entity shall vest in the Reorganized Debtor on the Effective Date. Thereafter, the Reorganized Debtor shall have the exclusive right, authority, and discretion to determine and to initiate, file, prosecute, enforce, abandon, settle, compromise, release, withdraw, or litigate to judgment any Retained Causes of Action, whether arising before or after the Petition Date, and to decline to do any of the foregoing without the consent or approval of any third party or further notice to or action, order or approval of the Bankruptcy Court. **No Person may rely on the absence of a specific reference in the Plan, the Plan Supplement or the Disclosure Statement to any specific Retained Cause of Action as any indication that the Debtor or Reorganized Debtor, as applicable, will not pursue any and all available Retained Causes of Action. The Debtor or Reorganized Debtor, as applicable, expressly reserve all rights to prosecute any and all Retained Causes of Action against any Person or Entity, except as otherwise expressly provided in the Plan**, and, therefore no preclusion doctrine, including the doctrines of res judicata, collateral estoppel, issue preclusion, claim preclusion, estoppel (judicial, equitable or otherwise) or laches, shall apply to any Retained Cause of Action upon, after, or as a consequence of the Confirmation or the Effective Date.\n\n2. In accordance with section 1123(b) of the Bankruptcy Code, but subject to the releases set forth in Article IX below, all Assigned Causes of Action that the Debtor may hold against any Person or Entity shall vest in the Creditor Trust on the Effective Date. Thereafter, the Creditor Trust shall have the exclusive right, authority, and discretion to determine and to initiate, file, prosecute, enforce, abandon, settle, compromise, release, withdraw, or litigate to judgment any Assigned Causes of Action, whether arising before or after the Petition Date, and to decline to do any of the foregoing without the consent or approval of any third party or further notice to or action, order or approval of the Bankruptcy Court. **No Person may rely on the absence of a specific reference in the Plan, the Plan Supplement or the Disclosure Statement to any specific Assigned Causes of Action as any indication that the Debtor or Creditor Trust, as applicable, will not pursue any and all available Assigned Causes of Action. The Debtor or Reorganized Debtor, as applicable, expressly reserve all rights for the benefit of the Creditor Trust and irrevocably assign such rights to the Creditor Trust to prosecute any and all Assigned Causes of Action against any Person or Entity, except as otherwise expressly provided in the Plan**, and, therefore no preclusion doctrine, including the doctrines of res judicata, collateral estoppel, issue preclusion, claim preclusion, estoppel (judicial, equitable or otherwise) or laches, shall apply to any Assigned Causes of Action upon, after, or as a consequence of the Confirmation or the Effective Date.\n\n3. Notwithstanding anything contained in Art. IV.J.1, until the earlier of (a) Class 3 Unsecured Litigation Claims are satisfied in full in accordance with the terms of this Plan and (b) the exercise of the Retention Election by the Plan Funder, the Debtor (1) shall use his commercially reasonable efforts to prosecute the Assigned Causes of Actions in good faith until resolved, and shall provide the Holders of Class 3 Unsecured Litigation Claims with not less than five (5) calendar days' notice of any proposed settlement of an Assigned Cause of Action and (2) if the Creditor Trust disagrees with the Debtor's proposed settlement of any Retained Cause of Action within such five (5) calendar days' notice, then the settlement of such Retained Cause of Action shall be subject to approval of the Bankruptcy Court under Bankruptcy Rule 9019.\n\n## K. *Final Certification and Case Closing*\n\n1. After the Effective Date, to the extent the Chapter 11 Case remains open, the Creditor Trust shall be liable for statutory fees due for the post-Effective Date period pursuant to 28 U.S.C. § 1930(a)(6) and shall pay or cause to be paid all fees due until entry of a final decree or an order converting or dismissing the Bankruptcy Case. Pursuant to Article IV.E.1 hereof, at any time following completion of the Effective Date Transactions as defined therein, the Reorganized Debtor or Creditor Trust shall have the right, with the consent of the other, to request that the Court close the Chapter 11 Case.\n\n2. Subject to the above paragraph, in the event that the Creditor Trust does not consent to closure of the Chapter 11 Case by the Reorganized Debtor, the Creditor Trust with the consent of the Reorganized Debtor, which consent shall not be unreasonably withheld, upon the full administration of the Chapter 11 Case, shall file the Final Certification and seek authority from the Bankruptcy Court to close the Chapter 11 Case in accordance with the Bankruptcy Code and the Bankruptcy Rules.\n\n3. The Creditor Trust and Reorganized Debtor shall each, in consultation with the other, have standing to request reopening of the Chapter 11 Case.\n\n# **ARTICLE V**\n\n# **PROVISIONS GOVERNING DISTRIBUTIONS**\n\n#### A. *Initial Distribution Date*\n\nOn the Initial Distribution Date or as soon thereafter as is reasonably practicable, the Creditor Trustee shall make, or shall make adequate reserves for, the Distributions required to be made under the Plan.\n\n# B. *Treatment of Disputed Claims*\n\n1. Except as otherwise provided in the Plan, a Final Order, or as agreed to by the relevant parties, distributions under the Plan on account of Disputed Claims that become Allowed after the Effective Date shall be made on the first Distribution Date that is at least thirty (30) days after the Disputed Claim becomes an Allowed Claim; provided, however, that (a) Disputed Administrative Claims with respect to liabilities incurred by the Debtor in the ordinary course of business during the Chapter 11 Case or assumed by the Debtor on or before the Effective Date that become Allowed after the Effective Date shall be paid or performed by the Reorganized Debtor in the ordinary course of business in accordance with the terms and conditions of any controlling agreements, course of dealing, course of business, or industry practice and (b) Disputed Priority Tax Claims that become Allowed Priority Tax Claims after the Effective Date shall be treated as Allowed Priority Tax Claims on the first Distribution Date that is at least thirty (30) days after the Disputed Claim becomes an Allowed Claim.\n\n2. Notwithstanding any provision otherwise in the Plan and except as otherwise agreed to by the relevant parties, no partial payments and no partial Distributions shall be made with respect to a Disputed Claim until all such disputes in connection with such Disputed Claim have been resolved by settlement or Final Order. In the event that there are Disputed Claims requiring adjudication and resolution, the Creditor Trustee shall establish appropriate reserves for potential payment of such Claims.\n\n3. Disputed Claim Reserve. On and after the Effective Date, the Creditor Trust may establish and maintain the Disputed Claim Reserve.\n\n#### C. *Subsequent Distributions*\n\n1. No interest shall accrue or be paid on the unpaid amount of any Distribution paid on a Subsequent Distribution Date in accordance with this Article V.C.\n\n2. To the extent any holder of an Allowed Claim that received a Distribution on account of such Claim on the Initial Distribution Date or any Subsequent Distribution Date is entitled to receive an additional Distribution on account of such Claim for any reason, including due to an increase in the Pro Rata Share of such Claim or additional assets becoming part of the Creditor Trust Estate Assets, the Creditor Trustee shall, in his or her discretion, make such additional Distribution to such holder on any Subsequent Distribution Date.\n\n# D. *Record Date for Distributions*\n\nExcept as otherwise provided in a Final Order of the Court, the transferees of Claims that are transferred pursuant to Bankruptcy Rule 3001 on or prior to the Record Date will be treated as the holders of those Claims for all purposes, notwithstanding that any period provided by Bankruptcy Rule 3001 for objecting to the transfer may not have expired by the Record Date. The Creditor Trustee shall have no obligation to recognize any transfer of any Claim occurring after the Record Date. In making any Distribution with respect to any Claim, the Creditor Trustee shall be entitled instead to recognize and deal with, for all purposes hereunder, only the Entity that is listed on the proof of Claim Filed with respect thereto or on the Schedules as the holder thereof as of the close of business on the Record Date and upon such other evidence or record of transfer or assignment that are actually known to the Creditor Trustee as of the Record Date.\n\n#### E. *Delivery of Distributions*\n\n1. General Provisions; Undeliverable Distributions\n\nSubject to Bankruptcy Rule 9010 and except as otherwise provided herein, Distributions to the Holders of Allowed Claims shall be made by the Creditor Trustee or his or her designee, assuming the availability of funds and the economic feasibility of such Distributions, at (a) the address of each Holder as set forth in the Schedules, unless superseded by the address set forth on proofs of Claim Filed by such Holder or (b) the last known address of such Holder if no proof of Claim is Filed or if the Debtor or Creditor Trustee have been notified in writing of a change of address. The Creditor Trustee shall make distributions under the Plan on behalf of the Reorganized Debtor. If any Distribution is returned as undeliverable, the Creditor Trustee may, in his or her discretion, make reasonable efforts to determine the current address of the holder of the Claim with respect to which the Distribution was made as the Creditor Trustee deems appropriate, provided that (i) no Distribution to any such Holder shall be made unless and until the Creditor Trustee has determined the then-current address of such Holder, at which time the Distribution to such Holder shall be made to the holder without interest, and (ii) if the Creditor Trustee is unable to determine the then-current address of such Holder, such Distribution shall be deemed unclaimed as of the first date of return as undeliverable and treated as set forth below in Article V.E.3. The Creditor Trustee shall have the discretion to determine how to make Distributions in the most efficient and cost-effective manner possible; *provided*, *however*, that his or her discretion may not be exercised in a manner inconsistent with any express requirements of the Plan.\n\n# 2. Minimum Distributions\n\nIf any interim Distribution under the Plan would be less than \\$500.00, the Reorganized Debtor or Creditor Trustee, as applicable, may withhold such Distribution until a final Distribution is made to such Holder. If any final Distribution under the Plan would be \\$100.00 or less, no such Distribution will be made to that Holder unless a request therefor is made in writing to the Creditor Trust.\n\n#### 3. Unclaimed Property\n\nExcept with respect to property not Distributed because it is being held in reserve for Disputed Claims, Distributions that are not claimed by the expiration of ninety (90) days from the date of the relevant Distribution shall be deemed to be unclaimed property under Section 347(b) of the Bankruptcy Code and shall vest or revest in the Creditor Trust. The Claims with respect to which those Distributions are made shall be automatically cancelled. After the expiration of that three-month period, the claim of any Entity to those Distributions shall be discharged and forever barred. Nothing contained in the Plan shall require the Creditor Trust to attempt to locate any Holder of an Allowed Claim. All funds or other property that vest or revest in the Creditor Trust pursuant to this paragraph shall be (a) used to pay the fees and expenses of the Creditor Trust as and to the extent set forth in the Plan, and (b) thereafter distributed to Holders of Allowed Claims as otherwise provided herein. In the event any Creditor Trust Estate Assets remain after all economically feasible Distributions are made, such remaining property may be abandoned; liquidated to Cash and distributed to a registered 501(c)(3) organization of the Creditor Trust's choice, assuming such distribution is economically feasible, or otherwise disposed. Neither unclaimed property nor any remaining portion of the Creditor Trust Estate Assets shall escheat to any federal, state or local government or other entity.\n\n# F. *Manner of Cash Payments Under the Plan*\n\nCash payments made pursuant to the Plan shall be in United States dollars by checks drawn on a domestic bank selected by the Creditor Trust or by wire transfer from a domestic bank, at the option of the Creditor Trust.\n\n# G. *Time Bar to Cash Payments by Check*\n\nChecks issued by the Creditor Trust on account of Allowed Claims shall be null and void if not negotiated within ninety (90) days after the date of issuance thereof. Requests for the reissuance of any check that becomes null and void pursuant to this Article V.H. shall be made directly to the Creditor Trust by the holder of the Allowed Claim to whom the check was originally issued. Any Claim in respect of such voided check shall be made in writing on or before the later of six (6) months from the Effective Date or ninety (90) days after the date of issuance thereof. After that date, all Claims in respect of void checks shall be discharged and forever barred and the proceeds of those checks shall revest in and become the property of the Creditor Trust as unclaimed property in accordance with Section 347(b) of the Bankruptcy Code and be distributed as provided in Article V.E.3.\n\n# H. *Compliance with Tax Requirements*\n\n1. In connection with making Distributions under this Plan, to the extent applicable, the Creditor Trust shall comply with all tax withholding and reporting requirements imposed on it by any Governmental Unit, and all Distributions pursuant to this Plan shall be subject to such withholding and reporting requirements.\n\n2. The Creditor Trust may require any Holder to provide the necessary information to comply with any withholding requirements of any Governmental Unit, including but not limited to a Form W-8BEN, Form W-8BEN-E, or Form W-9, or such Holder's tax identification number, provided that such requirement must be in writing and may be issued solely to the extent such information and documents are not contained in the Debtor's books and records or otherwise available absent such requirement.\n\n3. The Creditor Trust may condition any distribution to any Holder upon the receipt of information and documents properly requested pursuant to paragraph (2) above. If such Holder does not furnish the required information and documents within sixty (60) days of such request, then such Holder's Distribution shall be treated as unclaimed property in accordance with Article V.E.3.\n\n#### I. *Postpetition Interest on Claims*\n\nExcept as specifically provided for in the Plan or the Confirmation Order, interest shall not accrue on Claims and no holder of a Claim shall be entitled to interest accruing on or after the Petition Date on any Claim. Except as expressly provided herein or in a Final Order of the Court, no prepetition Claim shall be Allowed to the extent that it is for postpetition interest or other similar charges.\n\n# J. *No Distribution in Excess of Allowed Amount of Claim*\n\nNotwithstanding anything to the contrary contained in the Plan, no holder of an Allowed Claim shall receive in respect of that Claim any Distribution in excess of the Allowed amount of that Claim.\n\n#### K. *Setoff and Recoupment*\n\nThe Creditor Trust may, but shall not be required to, setoff against, or recoup from, any Claim and Distributions to be made pursuant to the Plan in respect thereof, any claims or defenses of any nature whatsoever that are Creditor Trust Estate Assets. Neither the failure by the Debtor, Reorganized Debtor, or Creditor Trust to exercise any right of setoff or recoupment against any Claim nor the allowance of any Claim under the Plan shall constitute a waiver or release by the Debtor, the Estates or the Reorganized Debtor of any right of setoff or recoupment that any of them may have against the holder of any Claim. Holders of Allowed Claims retain whatever rights to setoff they are otherwise entitled to assert under Bankruptcy Code Section 553.\n\n# **ARTICLE VI**\n\n## **DISPUTED CLAIMS**\n\n#### A. *No Distribution Pending Allowance*\n\nNotwithstanding any other provision of the Plan, the Creditor Trust shall not Distribute any Cash or other property on account of any Disputed Claim unless and until such Claim becomes Allowed.\n\n### B. *Claims Objection Deadline*\n\nThe Claims Objection Deadline shall be 180 days after the Effective Date as to all Claims; *provided, however,* that the last date for filing Avoidance Actions against a holder of a Claim shall be the date established by Bankruptcy Code Section 546(a) and the last day for asserting any other Retained Cause of Action or Assigned Cause of Action shall be the last day of the applicable statute of limitations therefor provided under applicable non-bankruptcy law, as such period may have been extended by Bankruptcy Code Section 108 or any other section of the Bankruptcy Code or other applicable law; *provided further, however,* that no Entity or Person (including the Debtor, Reorganized Debtor, Creditor Trust, or any holder of Claims) may file an objection to any Claim deemed Allowed by the Plan, and any such objection shall be deemed null and void. Notwithstanding any of the foregoing, the Reorganized Debtor or the Creditor Trust (as to Assigned Claims Objections) may request from the Bankruptcy Court one or more extensions of the Claims Objection, which relief shall be freely given for cause stated and the extended date shall become the new Claims Objection Deadline applicable to the Reorganized Debtor or the Creditor Trust.\n\n## C. *Resolution of Disputed Claims*\n\n1. The Reorganized Debtor or the Creditor Trust (as to Assigned Claims Objections) shall have the exclusive right to make, File, prosecute, settle, compromise, withdraw or resolve in any manner approved by the Bankruptcy Court, objections to Claims, including Priority Claims, Administrative Claims and Professional Compensation Claims. In the event that any objection filed by the Debtor or Committee remains pending as of the Effective Date, the Reorganized Debtor or the Creditor Trust (as to Assigned Claims Objections) shall be deemed substituted for the Debtor or Committee, as applicable, as the objecting party.\n\n2. All objections shall be litigated to a Final Order; *provided, however,* that the Reorganized Debtor or the Creditor Trust (as to Assigned Claims Objections) may compromise and settle any objections to Claims, subject to entry of an order of the Bankruptcy Court.\n\n3. Distributions may be made to a Holder of a Claim prior to the expiration of the Claims Objection Deadline if the Reorganized Debtor or the Creditor Trust (as to Assigned Claims Objections) reasonably believes that no basis exists for objection to such holder's Claim and, as to non-Assigned Claims Objections, the Creditor Trust concurs with the Reorganized Debtor's assessment. Notwithstanding the foregoing, nothing in this Plan shall be interpreted to operate as a waiver or release of (i) any right that any party-in-interest may have to object to (a) any Claim through the Effective Date or (b) any Professional Compensation Claim after the Effective Date; or (ii) any objection to Claims pending as of the Effective Date, regardless of whether such objection was brought by the Debtor or any other party-in-interest.\n\n#### D. *Estimation of Claims*\n\nAt any time, the Reorganized Debtor (except as to Claims related to Assigned Causes of Action) or the Creditor Trust (as to Claims related to Assigned Causes of Action) may request that the Bankruptcy Court estimate any Claim upon which Distributions are to be made by the Creditor Trust, to the extent permitted by Section 502(c) of the Bankruptcy Code.\n\n#### E. *Disallowance of Claims*\n\nAny Claims held by Entities from which property is recoverable under Section 542, 543, 550 or 553 of the Bankruptcy Code or that is a transferee of a transfer avoidable under Section 522(f), 522(h), 544, 545, 547, 548, 549 or 724(a) of the Bankruptcy Code, provided that such Cause of Action is a Retained Cause of Action or Assigned Cause of Action, shall be deemed disallowed pursuant to Section 502(d) of the Bankruptcy Code, and Holders of such Claims may not receive any distributions on account of such Claims until such time as such Causes of Action against that Entity have been settled or a Bankruptcy Court order with respect thereto has been entered and all sums due, if any, to the Debtor by that Entity have been turned over or paid to the Debtor.\n\n# F. *Adjustment to Claims Without Objection*\n\nAny Claim that has been paid or satisfied, amended, or superseded may be marked as satisfied, adjusted or expunged on the Claims Register by the Noticing Agent at the direction of the Reorganized Debtor (except as to Claims related to Assigned Causes of Action) or Creditor Trust (as to Claims related to Assigned Causes of Action) without a Claims objection having to be Filed and without any further notice to or action, order or approval of the Bankruptcy Court.\n\n# G. *Amendments to Claims*\n\nAfter the Confirmation Date, a Claim may not be filed or amended without the authorization of the Bankruptcy Court and, even with such Bankruptcy Court authorization, may be amended by the holder of such Claim solely to decrease, but not to increase, unless otherwise provided by the Bankruptcy Court, the amount, number or priority of the same.\n\n**EXCEPT AS PROVIDED HEREIN OR OTHERWISE AGREED, ANY AND ALL HOLDERS OF PROOFS OF CLAIM FILED AFTER THE APPLICABLE BAR DATE SHALL NOT BE TREATED AS CREDITORS FOR PURPOSES OF VOTING AND DISTRIBUTION PURSUANT TO BANKRUPTCY RULE 3003(c)(2) AND PURSUANT TO THE GENERAL BAR DATE ORDER, UNLESS ON OR BEFORE THE CONFIRMATION HEARING SUCH LATE CLAIM HAS BEEN DEEMED TIMELY FILED BY A FINAL ORDER.**\n\n# **ARTICLE VII**\n\n# **TREATMENT OF EXECUTORY CONTRACTS AND UNEXPIRED LEASES**\n\n#### A. *Rejection of Executory Contracts and Unexpired Leases*\n\n1. On the Effective Date, except as otherwise provided herein, each executory contract or unexpired lease not previously rejected, assumed, or assumed and assigned, shall be deemed automatically rejected pursuant to sections 365 and 1123 of the Bankruptcy Code, unless such executory contract or unexpired lease: (a) is specifically described in the Plan or Plan Supplement as to be assumed in connection with Confirmation of the Plan; (b) is subject as of the Confirmation Date to a pending motion to assume or assume and assign; (c) has been assumed or assumed and assigned to a third party; (d) is a contract, instrument, release, indenture, or other agreement or document entered into in connection with the Plan. Entry of the Confirmation Order by the Bankruptcy Court shall constitute approval of such assumptions, assignments, and rejections pursuant to sections 365(a) and 1123 of the Bankruptcy Code.\n\n2. Notwithstanding anything contained in the Plan to the contrary, in the event of a dispute as to whether a contract is executory or a lease is unexpired, the rights of the Debtor or the Reorganized Debtor, as applicable, to move to assume or reject such contract or lease shall be extended until the date that is thirty (30) days after entry of a Final Order by the Bankruptcy Court determining that the contract is executory or the lease is unexpired.\n\n3. Any monetary defaults under each Executory Contract and Unexpired Lease to be assumed or assumed and assigned pursuant to the Plan shall be satisfied, pursuant to section 365(b)(1) of the Bankruptcy Code, by payment of the Cure Cost in Cash on the Effective Date, subject to the limitation described in the following paragraph, or on such other terms as the parties to such Executory Contract or Unexpired Lease may otherwise agree. Together with the Plan Supplement, to the extent not previously filed with the Court and served on affected counterparties, the Debtor shall provide for notices of proposed assumption and proposed Cure Cost (and, to the extent the Debtor seek to assume and assign an Unexpired Lease pursuant to the Plan, the Debtor will identify the assignee, if any, and provide adequate assurance of future performance by such assignee within the meaning of section 365 of the Bankruptcy Code) to be filed and served upon applicable contract and lease counterparties (and upon such Entities' counsel, if known), together with procedures for objecting thereto and resolution of disputes by the Court. Any objection by a contract or lease counterparty to a proposed Cure Cost must be filed, served, and actually received by the Debtor before the objection deadline provided in the notice of proposed assumption and Cure Cost, which deadline shall be no less than fourteen (14) days after the date on which the applicable notice of proposed assumption and proposed Cure Cost is filed and served. Any objection by a contract or lease counterparty to a proposed assumption, assumption and assignment, or adequate assurance (other than with respect to a proposed Cure Cost) must be filed, served, and actually received by the Debtor before the Plan Objection Deadline. Any counterparty to an Executory Contract or Unexpired Lease that fails to object timely to the proposed assumption or Cure Cost will be deemed to have assented to such assumption or Cure Cost. Any objection to a proposed assumption, assumption and assignment, or Cure Cost will be scheduled to be heard by the Court at the Reorganized Debtor's first scheduled omnibus hearing after which such objection is timely filed. In the event of a dispute regarding (1) the amount of any Cure Cost, (2) the ability of the Reorganized Debtor or any assignee to provide \"adequate assurance of future performance\" within the meaning of section 365(b) of the Bankruptcy Code, if applicable, under the Executory Contract or the Unexpired Lease to be assumed or assumed and assigned, and/or (3) any other matter pertaining to assumption and/or assignment, then such Cure Costs shall be paid following the entry of a Final Order resolving the dispute and approving the assumption and assignment of such Executory Contracts or Unexpired Leases or as may be agreed upon by the Debtor or the Reorganized Debtor and the counterparty to such Executory Contract or Unexpired Lease; provided that the Debtor may settle any dispute regarding the amount of any Cure Cost without any further notice to any party or any action, order, or approval of the Court; provided, further, that notwithstanding anything to the contrary herein, the Debtor reserve the right to reject, or nullify the assumption of, any Executory Contract or Unexpired Lease within twentyfive (25) days after the entry of a Final Order resolving an objection to assumption or assumption and assignment, determining the Cure Cost under an Executory Contract or Unexpired Lease that was subject to a dispute, or resolving any request for adequate assurance of future performance required to assume such Executory Contract or Unexpired Lease in an amount higher than sought by the Debtor.\n\n4. Subject to the terms of the preceding paragraphs, assumption or assumption and assignment of any Executory Contract or Unexpired Lease pursuant to the Plan or otherwise, and the payment of the Cure Cost, shall result in the full release and satisfaction of any Claims or defaults, whether monetary or nonmonetary, including defaults of provisions restricting the change in control or ownership interest composition or other bankruptcy-related defaults, arising under any assumed Executory Contract or Unexpired Lease at any time prior to the effective date of assumption or assumption and assignment. Any Proofs of Claim filed with respect to an Executory Contract or Unexpired Lease that has been assumed or assumed and assigned, and the Cure Cost paid, shall be deemed disallowed and expunged, without further notice to or action, order, or approval of the Court. Notwithstanding the foregoing, the Debtor and the Reorganized Debtor will continue to honor all postpetition and post-Effective Date obligations under any assumed Executory Contracts and Unexpired Leases in accordance with their terms, regardless of whether such obligations are listed as a Cure Cost, and whether such obligations accrued prior to or after the Effective Date, and neither the payment of cure nor entry of the Confirmation Order shall be deemed to release the Debtor or the Reorganized Debtor from such obligations. Notwithstanding the foregoing, assumption of any Executory Contract or Unexpired Lease and/or payment of any Cure Cost shall not constitute a release of any Claims held by the Debtor or Reorganized Debtor against any party, other than for breach or default of such assumed Executory Contract or Unexpired Lease.\n\n# B. *Claims Based on Rejection of Executory Contracts or Unexpired Leases*\n\nClaims created by the rejection of executory contracts and unexpired leases must be filed pursuant to the terms of the General Bar Date Order and the Rejection Bar Date as defined therein. Any Claims arising from the rejection of an executory contract or unexpired lease for which proofs of Claim are not timely filed pursuant to the General Bar Date Order within that time period will be forever barred from assertion against the Debtor, the Estate, their successors and assigns, and their assets and properties, unless otherwise ordered by the Bankruptcy Court or as otherwise provided herein. All such Claims shall, as of the Effective Date, be subject to the permanent injunction set forth in Article IX.D. Unless otherwise ordered by the Bankruptcy Court, all such Claims that are timely filed as provided herein shall be treated as General Unsecured Claims under the Plan and shall be subject to the provisions of Article III of the Plan.\n\n# C. *Debtor's Insurance Policies*\n\nNothing in the Plan or the Confirmation Order alters the rights and obligations of the Debtor (and his Estate) and the Debtor's insurers (and third-party claims administrators), if any, under the Debtor's insurance policies, if any, or modifies the coverage or benefits provided thereunder or the terms or conditions thereof or diminishes or impairs the enforceability of the Debtor's insurance policies. No Distributions under the Plan shall be made on account of an Allowed Claim that is payable pursuant to one of the Debtor's insurance policies until the Holder of such Allowed Claim has exhausted all remedies with respect to such insurance policy. To the extent that one or more of the Debtor's insurers agrees to satisfy in full or in part a Claim (if and to the extent adjudicated by a court of competent jurisdiction), then immediately upon such insurers' agreement, the applicable portion of such Claim may be expunged without a Claims objection having to be filed and without any further notice to or action, order, or approval of the Bankruptcy Court.\n\n#### **ARTICLE VIII**\n\n#### **CONDITIONS PRECEDENT TO THE EFFECTIVE DATE**\n\n## A. *Conditions Precedent to the Effective Date*\n\nThe following are conditions precedent to the Effective Date that must be satisfied or waived:\n\n#### 1. The Confirmation Order shall be in full force and effect.\n\n2. All documents necessary to implement the Plan, including, without limitation, the Creditor Trust Agreement, shall have (a) been executed or deemed executed, as applicable, and (b) tendered for delivery. All conditions precedent to the effectiveness of such documents and agreements shall have been satisfied or waived pursuant to the terms thereof.\n\n3. Notwithstanding the foregoing, the Debtor, reserves the right to waive the occurrence of any condition precedent to the Effective Date or to modify any of the foregoing conditions precedent. Any such waiver of a condition precedent set forth in this Article may be effected at any time, without notice, without leave or order of the Bankruptcy Court, and without any formal action other than proceeding to consummate the Plan. Any actions required to be taken on the Effective Date shall take place and shall be deemed to have occurred simultaneously, and no such action shall be deemed to have occurred prior to the taking of any other such action.\n\n#### B. *Effect of Non-Occurrence of Conditions to the Effective Date*\n\nIf the Effective Date does not occur, the Debtor may determine, upon notice to the Bankruptcy Court, that the Plan is null and void in all respects, and nothing contained in the Plan, the Confirmation Order or the Disclosure Statement shall: (1) constitute a waiver or release of any Cause of Action or Claim; (2) constitute an admission, acknowledgment, offer or undertaking in any respect by any party, including the Debtor; or (3) otherwise prejudice in any manner the rights of any party, including the Debtor.\n\n#### C. *Establishing the Effective Date*\n\nThe calendar date to serve as the Effective Date shall be a Business Day of, on or promptly following the satisfaction or waiver of all conditions to the Effective Date, which date will be selected by the Debtor. On or within two (2) Business Days of the Effective Date, the Debtor shall file and serve a notice of occurrence of the Effective Date. Such notice shall contain, among other things, the Administrative Bar Date and the Professional Claims Bar Date.\n\n#### **ARTICLE IX**\n\n#### **RELEASE, INJUNCTIVE AND RELATED PROVISIONS**\n\n#### A. *Compromise and Settlement*\n\nPursuant to Section 363 of the Bankruptcy Code and Bankruptcy Rule 9019, and in consideration for the Distributions and other benefits provided pursuant to the Plan, the provisions of the Plan shall constitute a good faith compromise of all Claims. The entry of the Confirmation Order shall constitute the Bankruptcy Court's approval of the compromise or settlement of all Claims, as well as a finding by the Bankruptcy Court that such compromise or settlement is fair, equitable, reasonable and in the best interests of the Debtor, the Estates and holders of Claims.\n\n# B. *Releases and Related Matters*\n\n# **NOTWITHSTANDING ANYTHING CONTAINED IN THE PLAN TO THE CONTRARY, ON THE EFFECTIVE DATE AND AS OF THE EFFECTIVE DATE UNLESS OTHERWISE PROVIDED HEREIN, THE RELEASING PARTIES SHALL BE DEEMED TO FOREVER RELEASE, WAIVE, AND DISCHARGE EACH OF THE RELEASED PARTIES FROM THE RELEASED CLAIMS.**\n\n**ENTRY OF THE CONFIRMATION ORDER SHALL CONSTITUTE THE BANKRUPTCY COURT'S APPROVAL OF THE RELEASES SET FORTH IN THIS ARTICLE IX.B PURSUANT TO BANKRUPTCY RULE 9019 AND ITS FINDING THAT THEY ARE: (A) IN THE BEST INTERESTS OF THE DEBTOR AND ALL HOLDERS OF CLAIMS; (B) FAIR, EQUITABLE AND REASONABLE; AND (C) APPROVED AFTER DUE NOTICE AND OPPORTUNITY FOR HEARING.**\n\n#### C. *Waiver of Limitations on Releases of Unknown Claims*\n\n**THE RELEASES CONTAINED IN ARTICLE IX.B SHALL EXTEND TO RELEASED CLAIMS THAT THE PARTIES DO NOT KNOW OR EXPECT TO EXIST AT THE TIME OF THE RELEASE, WHICH, IF KNOWN, MIGHT HAVE AFFECTED THE DECISION TO ENTER INTO THE RELEASE AND WHICH THE DEBTOR SHALL BE DEEMED TO WAIVE, AND SHALL WAIVE AND RELINQUISH TO THE FULLEST EXTENT PERMITTED BY LAW, ANY AND ALL PROVISIONS, RIGHTS, AND BENEFITS CONFERRED BY ANY LAW OF THE UNITED STATES OR ANY STATE OR TERRITORY THEREOF, OR PRINCIPLE OF COMMON LAW, WHICH GOVERNS OR LIMITS A PERSON'S RELEASE OF UNKNOWN CLAIMS.**\n\n**THE DEBTOR ALSO ACKNOWLEDGES THAT HE MAY DISCOVER FACTS IN ADDITION TO OR DIFFERENT FROM THOSE THAT THEY NOW KNOW OR BELIEVE TO BE TRUE WITH RESPECT TO THE SUBJECT MATTER OF THIS RELEASE, BUT THAT IT IS THE INTENTION OF THE PARTIES TO FULLY, FINALLY, AND FOREVER SETTLE AND RELEASE WITH PREJUDICE ANY AND ALL RELEASED CLAIMS, INCLUDING ANY AND ALL UNKNOWN CLAIMS, WITHOUT REGARD TO THE SUBSEQUENT DISCOVERY OR EXISTENCE OF ADDITIONAL OR DIFFERENT FACTS. THE DEBTOR EXPRESSLY AGREES THAT ANY FRAUDULENT INDUCEMENT OR SIMILAR CLAIMS THAT COULD BE PREMISED ON UNKNOWN FACTS OR FACTS THAT ARE SUBSEQUENTLY DISCOVERED ARE INCLUDED WITHIN THE DEFINITION OF UNKNOWN CLAIMS.**\n\n#### D. *Exculpation*\n\n**NOTWITHSTANDING ANYTHING CONTAINED IN THE PLAN TO THE CONTRARY, EFFECTIVE AS OF THE EFFECTIVE DATE, THE EXCULPATED PARTIES SHALL NOT HAVE OR INCUR ANY LIABILITY FOR ANY ACT OR OMISSION TAKEN OR NOT TAKEN BETWEEN THE PETITION DATE AND THE EFFECTIVE DATE IN CONNECTION WITH, RELATING TO, OR ARISING OUT OF THE CHAPTER 11 CASE, THE NEGOTIATION AND FILING OF THE DISCLOSURE STATEMENT, THE PLAN OR ANY DOCUMENT IMPLEMENTING THE PLAN, THE FILING OF THE CHAPTER 11 CASE, THE SETTLEMENT OF CLAIMS OR RENEGOTIATION OF EXECUTORY CONTRACTS AND LEASES, THE PURSUIT OF CONFIRMATION OF THE PLAN, THE CONSUMMATION OF THE PLAN, OR THE ADMINISTRATION OF THE PLAN OR THE PROPERTY TO BE DISTRIBUTED UNDER THE PLAN, EXCEPT FOR ACTS OR OMISSIONS THAT ARE THE RESULT OF WILLFUL MISCONDUCT, GROSS NEGLIGENCE, FRAUD OR CRIMINAL ACTS OR ANY OBLIGATIONS THAT THEY HAVE UNDER OR IN CONNECTION WITH THE PLAN OR THE TRANSACTIONS CONTEMPLATED IN THE PLAN, AND IN ALL RESPECTS SHALL BE ENTITLED TO REASONABLY RELY UPON THE ADVICE OF COUNSEL WITH RESPECT TO THEIR DUTIES AND RESPONSIBILITIES UNDER THE PLAN.**\n\n# E. *Injunction*\n\n# **THE SATISFACTION, RELEASE AND DISCHARGE PURSUANT TO THIS ARTICLE IX OF THE PLAN SHALL ALSO ACT AS AN INJUNCTION AGAINST ANY PERSON BOUND BY SUCH PROVISION AGAINST COMMENCING OR CONTINUING ANY ACTION, EMPLOYMENT OF PROCESS OR ACT TO COLLECT, OFFSET, OR RECOVER ANY CLAIM OR CAUSE OF ACTION SATISFIED, RELEASED, OR DISCHARGED UNDER THE PLAN OR THE CONFIRMATION ORDER TO THE FULLEST EXTENT AUTHORIZED OR PROVIDED BY THE BANKRUPTCY CODE, INCLUDING, WITHOUT LIMITATION, TO THE EXTENT PROVIDEDFOR OR AUTHORIZED BY SECTIONS 524 AND 1141 THEREOF.**\n\n# F. *Releases of Liens*\n\nExcept as otherwise provided in the Plan or in the Confirmation Order, on the Effective Date, to the extent such exist, all mortgages, deeds of trust, liens, pledges or other security interests against property of the Estate shall be fully released and discharged and all of the right, title and interest of any holder of such mortgages, deeds of trust, liens, pledges or other security interest shall revert to the Debtor and the Reorganized Debtor.\n\n#### G. *Preservation of Rights of Action*\n\n#### 1. **Vesting of Causes of Action**\n\n(a) Except as otherwise provided in the Plan or Confirmation Order, in accordance with Section 1123(b)(3) of the Bankruptcy Code, any Retained Causes of Action that the Debtor may hold against any Entity shall vest upon the Effective Date in the Reorganized Debtor and the Reorganized Debtor shall have the exclusive right to institute and prosecute any Retained Causes of Action, without further order of the Bankruptcy Court, in any court or other tribunal, including, without limitation, in an adversary proceeding filed in one or more of the Chapter 11 Case.\n\n(b) Retained Causes of Action thereafter shall remain the sole property of the Reorganized Debtor, and any proceeds therefrom shall be the property of the Reorganized Debtor.\n\n(c) Except as otherwise provided in the Plan or Confirmation Order, in accordance with Section 1123(b)(3) of the Bankruptcy Code, any Assigned Causes of Action that the Debtor may hold against any Entity shall vest upon the Effective Date in the Creditor Trust and the Creditor Trust shall have the exclusive right to institute and/or prosecute any Assigned Causes of Action, without further order of the Bankruptcy Court.\n\n# 2. **Preservation of All Retained Causes of Action Not Expressly Settled or Released**\n\n(a) With respect to any Retained Cause of Action, the Reorganized Debtor expressly reserves the right to pursue or adopt any claims alleged in any lawsuit in which the Debtor is a defendant or interested party, against any Entity, including, without limitation, the plaintiffs or co-defendants in such lawsuits.\n\n(b) Subject to the immediately preceding paragraph, (i) any Entity to whom the Debtor has incurred an obligation (whether on account of services, purchase or sale of goods or otherwise), (ii) any Entity who has received services from the Debtor or a transfer of money or property of the Debtor, (iii) any Entity who has transacted business with the Debtor, or leased property from the Debtor, or (iv) any professional that provided advice to the Debtor should, in each case, assume that any such act, omission, obligation, transfer or transaction may be reviewed by the Reorganized Debtor subsequent to the Effective Date and may be the subject of an action after the Effective Date, regardless of whether: (A) such Entity has filed a proof of Claim against the Debtor in the Chapter 11 Case; (B) the Debtor or Reorganized Debtor has objected to any such Entity's proof of Claim; (C) any such Entity's Claim was included in the Schedules; (D) the Debtor or Reorganized Debtor has objected to any such Entity's scheduled Claim; or (E) any such Entity's scheduled Claim has been identified by the Debtor or Reorganized Debtor as disputed, contingent or unliquidated.\n\n#### **ARTICLE X**\n\n#### **RETENTION OF JURISDICTION**\n\nNotwithstanding the entry of the Confirmation Order and the occurrence of the Effective Date, the Bankruptcy Court shall, after the Effective Date, retain such jurisdiction over the Chapter 11 Case and all Entities with respect to all matters related to the Chapter 11 Case, the Debtor, the Reorganized Debtor, the Creditor Trust and the Plan as is legally permissible, including, without limitation, jurisdiction to:\n\n1. allow, disallow, determine, liquidate, classify, estimate or establish the priority or secured or unsecured status of any Claim, including the resolution of any request for payment of any Administrative Claim and the resolution of any and all objections to the allowance or priority of Claims;\n\n2. grant or deny any applications for allowance of compensation or reimbursement of expenses authorized pursuant to the Bankruptcy Code or the Plan, for periods ending on or before the Effective Date;\n\n3. resolve any matters related to the assumption, assignment or rejection of any executory contract or unexpired lease to which a Debtor is party or with respect to which a Debtor may be liable and to hear, determine and, if necessary, liquidate any Claims arising therefrom, including those matters related to any amendment to the Plan after the Effective Date pursuant to Article XI.B;\n\n4. ensure that Distributions to holders of Allowed Claims are accomplished pursuant to the provisions of the Plan;\n\n5. enforce the terms of the Creditor Trust Agreement and any rights and remedies thereunder;\n\n6. decide or resolve any motions, adversary proceedings, contested or litigated matters and any other matters and grant or deny any applications involving a Debtor that may be pending on the Effective Date or instituted by the Reorganized Debtor after the Effective Date, including but not limited to any Retained Causes of Action, *provided*, *however*, that the Reorganized Debtor and Creditor Trust shall reserve the right to commence actions in all appropriate jurisdictions;\n\n7. enter such orders as may be necessary or appropriate to implement or consummate the provisions of the Plan and all other contracts, instruments, releases, indentures and other agreements or documents adopted in connection with the Plan, Plan Supplement or the Disclosure Statement;\n\n8. resolve any cases, controversies, suits or disputes that may arise in connection with the Effective Date, interpretation or enforcement of the Plan or any Entity's obligations incurred in connection with the Plan;\n\n9. issue and enforce injunctions, enter and implement other orders, or take such other actions as may be necessary or appropriate to restrain interference by any Entity with the Effective Date or enforcement of the Plan, except as otherwise provided in the Plan;\n\n10. enforce Article IX.B hereof;\n\n11. enforce the Injunction set forth in Article IX.D hereof;\n\n12. resolve any cases, controversies, suits or disputes with respect to the releases, injunction and other provisions contained in Article IX, and enter such orders as may be necessary or appropriate to implement or enforce all such releases, injunctions and other provisions;\n\n13. enter and implement such orders as necessary or appropriate if the Confirmation Order is modified, stayed, reversed, revoked or vacated;\n\n14. resolve any other matters that may arise in connection with or relate to the Plan, the Disclosure Statement, the Confirmation Order or any contract, instrument, release, indenture or other agreement or document adopted in connection with the Plan or the Disclosure Statement;\n\n15. hear and determine matters concerning state, local, and federal taxes in accordance with sections 346, 505, and 1146 of the Bankruptcy Code; and\n\n16. enter an order and/or the decree contemplated in Fed. R. Bankr. P. 3022 concluding the Chapter 11 Case.\n\n## **ARTICLE XI**\n\n#### **MISCELLANEOUS PROVISIONS**\n\n#### A. *Modification of Plan*\n\nSubject to the limitations contained in the Plan: (1) the Debtor reserves the right, in accordance with the Bankruptcy Code and the Bankruptcy Rules, to amend or modify the Plan prior to the entry of the Confirmation Order, including amendments or modifications to satisfy Section 1129(b) of the Bankruptcy Code; and (2) after the entry of the Confirmation Order, the Debtor or the Reorganized Debtor, as the case may be, in consultation with and/or at the request of the Creditor Trust, may modify the Plan, in accordance with Section 1127(b) of the Bankruptcy Code, or remedy any defect or omission or reconcile any inconsistency in the Plan in such manner as may be necessary to carry out the purpose and intent of the Plan.\n\n# B. *Revocation of Plan*\n\nThe Debtor reserves the right to revoke or withdraw the Plan prior to the entry of the Confirmation Order and to File subsequent chapter 11 plans. If the Debtor revokes or withdraws the Plan or if entry of the Confirmation Order or the Effective Date does not occur, then: (1) the Plan shall be null and void in all respects; (2) any settlement or compromise embodied in the Plan, rejection of executory contracts or leases effected by the Plan, and any document or agreement executed pursuant hereto shall be deemed null and void; and (3) nothing contained in the Plan shall: (a) constitute a waiver or release of any claims by or against the Debtor or any other Entity; (b) prejudice in any manner the rights of the Debtor or any other Entity; or (c) constitute an admission of any sort by the Debtor or any other Entity.\n\n# C. *Payment of Statutory Fees*\n\nAll fees due and payable pursuant to 28 U.S.C. § 1930 prior to the Effective Date shall be paid by the Debtor on the Effective Date. After the Effective Date, the Creditor Trust shall pay any and all such fees when due and payable, and the Creditor Trust shall file with the Bankruptcy Court quarterly reports in a form reasonably acceptable to the U.S. Trustee. The Creditor Trust shall remain obligated to pay quarterly fees to the U.S. Trustee until the earliest of the Chapter 11 Case being closed, dismissed or converted to a case under chapter 7 of the Bankruptcy Code.\n\n# D. *Successors and Assigns*\n\nThe rights, benefits and obligations of any Entity named or referred to herein shall be binding on, and shall inure to the benefit of, any heir, executor, administrator, successor or assign of such Entity.\n\n#### E. *Governing Law*\n\nUnless a rule of law or procedure is supplied by federal law (including the Bankruptcy Code and Bankruptcy Rules) or unless otherwise specifically stated, the laws of the State of Connecticut, without giving effect to the principles of conflict of laws, shall govern the rights, obligations, construction, and implementation of the Plan, any agreements, documents, instruments, or contracts executed or entered into in connection with the Plan (except as otherwise set forth in those agreements, in which case the governing law of such agreement shall control).\n\n#### F. *Reservation of Rights*\n\nExcept as expressly set forth herein, the Plan shall have no force or effect unless and until the Bankruptcy Court enters the Confirmation Order. Neither the filing of the Plan, any statement or provision contained herein, nor the taking of any action by a Debtor or any Entity with respect to the Plan shall be or shall be deemed to be an admission or waiver of any rights of: (1) any Debtor with respect to the holders of Claims or other parties-in-interest; or (2) any holder of a Claim or other party-in-interest prior to the Effective Date.\n\n# G. *Section 1146 Exemption*\n\nPursuant to Section 1146(a) of the Bankruptcy Code, any transfers of property pursuant hereto shall not be subject to any stamp tax or other similar tax or governmental assessment in the United States, and the Confirmation Order shall direct the appropriate state or local governmental officials or agents to forego the collection of any such tax or governmental assessment and to accept for filing and recordation instruments or other documents pursuant to such transfers of property without the payment of any such tax or governmental assessment.\n\n#### H. *Entire Agreement*\n\nOn the Effective Date, the Plan and the Plan Supplement supersede all previous and contemporaneous negotiations, promises, covenants, agreements, understandings, and representations on such subjects, all of which have become merged and integrated into the Plan.\n\n# I. *Exhibits*\n\nAll exhibits and documents included in the Plan Supplement are incorporated into and are a part of the Plan as if set forth in full in the Plan. Except as otherwise provided in the Plan, such exhibits and documents included in the Plan Supplement shall be filed with the Bankruptcy Court on or before the Plan Supplement Filing Date or the Solicitation Date, as applicable. After the exhibits and documents are filed, copies of such exhibits and documents shall have been available upon written request to the Debtor's counsel at the address above or by downloading such exhibits and documents from the Debtor's private website at http or the Bankruptcy Court's website at http\n\n#### J. *Non-Severability*\n\nIf, prior to Confirmation, any term or provision of the Plan is held by the Bankruptcy Court to be invalid, void, or unenforceable, the Bankruptcy Court shall have the power to alter and interpret such term or provision to make it valid or enforceable to the maximum extent practicable, consistent with the original purpose of the term or provision held to be invalid, void or unenforceable, and such term or provision shall then be applicable as altered or interpreted. Notwithstanding any such holding, alteration, or interpretation, the remainder of the terms and provisions of the Plan will remain in full force and effect and will in no way be affected, impaired, or invalidated by such holding, alteration, or interpretation. The Confirmation Order shall constitute a judicial determination and shall provide that each term and provision of the Plan, as it may have been altered or interpreted in accordance with the foregoing, is: (1) valid and enforceable pursuant to its terms; (2) integral to the Plan and may not be deleted or modified without the consent of the Debtor; and (3) nonseverable and mutually dependent.\n\n# K. *Dissolution of Committee*\n\nOn the Effective Date, the Committee shall be deemed to be dissolved and the members of the Committee shall be released and discharged from all further authority, duties, responsibilities, and obligations arising from or related to the Bankruptcy Cases and Professionals retained by the Committee shall be released and discharged from all further authority, duties, responsibilities, and obligations relating to the Debtor and the Bankruptcy Cases.\n\n# L. *Section 1125(e) Good Faith Compliance*\n\nThe Debtor and each of his respective Representatives shall be deemed to have acted in \"good faith\" under Section 1125(e) of the Bankruptcy Code.\n\n# M. *Discharge*\n\nPursuant to section 1141(d) of the Bankruptcy Code, upon the occurrence of the Effective Date, the Confirmation Order shall be deemed to have discharged the Debtor from any debt that arose before the date of entry of the Confirmation Order.\n\n# N. *Further Assurances*\n\nThe Debtor, the Reorganized Debtor, all holders of Claims receiving Distributions hereunder, and all other parties in interest shall, from time to time, prepare, execute and deliver any agreements or documents and take any other actions as may be necessary or advisable to effectuate the provisions and intent of the Plan or the Confirmation Order.\n\n# O. *Service of Documents*\n\nAny pleading, notice or other document required by the Plan to be served on or delivered to the Debtor shall be sent by first class U.S. mail, postage prepaid as follows:\n\n> Brown Rudnick LLP Seven Times Square New York, NY 10036 Attn: Uriel Pinelo, Esq.\n\n# P. *Filing of Additional Documents*\n\nOn or before the Effective Date, the Debtor may File with the Bankruptcy Court all agreements and other documents that may be necessary or appropriate to effectuate and further evidence the terms and conditions hereof.\n\n# Q. *No Stay of Confirmation Order*\n\nThe Confirmation Order shall contain a waiver of any stay of enforcement otherwise applicable, including pursuant to Fed. R. Bankr. P. 3020(e) and 7062.\n\n# R. *Aid and Recognition*\n\nThe Debtor or Reorganized Debtor, as the case may be, shall, as needed to effect the terms hereof, request the aid and recognition of any court or judicial, regulatory or administrative body in any other nation or state.\n\n\\* \\* \\* \\* \\*\n\nDated: [ ], 2022 Bridgeport, CT HO WAN KWOK\n\n```\nBy: _/s/ DRAFT__\nHo Wan Kwok\n```\n## **BROWN RUDNICK LLP**\n\nWilliam R. Baldiga, Esq. Bennett S. Silverberg, Esq. Uriel Pinelo, Esq. Seven Times Square New York, NY 10036 Telephone: (212) 209-4800 Facsimile: (212) 209-4801 Email: wbaldiga@brownrudnick.com bsilverberg@brownrudnick.com upinelo@brownrudnick.com\n\n#### BROWN RUDNICK LLP\n\nDylan Kletter, Esq. 185 Asylum Street Hartford, CT 06103 Telephone: (860) 509-6500 Facsimile: (860) 509-6653 Email: dkletter@brownrudnick.com\n\nCounsel for the Debtor\n\n64664824 v5-000002/4475","body_zh":"美国康涅狄格州联邦破产法院\n\n关于：：第11章\n\nHO WAN KWOK（郭文贵），：案号：22-50073 (JAM)\n\n债务人。：\nHO WAN KWOK 提交拟议第11章重整计划的通知\n\n特此通知：上述标题所示第11章案件中的债务人及占有中的债务人 Ho Wan Kwok（郭文贵）（“Kwok 先生”或“债务人”），通过其下列签署的代理律师，现恭敬地提交本《Ho Wan Kwok 拟议第11章重整计划》，其作为附件 A 随附于此。\n\n日期：April 10, 2022\nBROWN RUDNICK LLP（布朗·鲁德尼克律师事务所）\n\n签署人：/s/ William R. Baldiga\nBROWN RUDNICK LLP\n185 Asylum Street\nHartford, CT 06103\n收件人：Dylan Kletter, Esq.\n电话：(860) 509-6500\n传真：(860) 509-6653\n电子邮件：dkletter@brownrudnick.com\n\nSeven Times Square\nNew York, NY 10036\n收件人：William R. Baldiga, Esq. (pro hac)\n收件人：Bennett S. Silverberg, Esq. (pro hac)\n收件人：Uriel Pinelo, Esq. (pro hac)\n电话：(212) 209-4800\n传真：(212) 209-4801\n电子邮件：wbaldiga@brownrudnick.com\nbsilverberg@brownrudnick.com\nupinelo@brownrudnick.com\n\nCase 22-50073 Doc 197 Filed 04/10/22 Entered 04/10/22 21:11:27 Page 2 of 41\n\n附件 A\n\n拟议第11章重整计划\n\n美国康涅狄格州联邦破产法院布里奇波特分院\n\n关于：：\n\nHO WAN KWOK（郭文贵），：第11章\n\n：案号：22-50073 (JAM)\n债务人。：\n\nHO WAN KWOK 拟议第11章重整计划\n\n日期：April 10, 2022 Greenwich, Connecticut\nBROWN RUDNICK LLP（布朗·鲁德尼克律师事务所）\n\nWilliam R. Baldiga, Esq.\nBennett S. Silverberg, Esq.\nUriel Pinelo, Esq.\nSeven Times Square\nNew York, NY 10036\n电话：(212) 209-4800\n传真：(212) 209-4801\n电子邮件：wbaldiga@brownrudnick.com\nbsilverberg@brownrudnick.com\nupinelo@brownrudnick.com\n\nBROWN RUDNICK LLP\n\nDylan Kletter, Esq.\n185 Asylum Street\nHartford, CT 06103\n电话：(860) 509-6500\n传真：(860) 509-6653\n电子邮件：dkletter@brownrudnick.com\n\n第一条 定义术语及解释规则 1\n\nA. 定义术语 1\nB. 解释规则 8\nC. 附件 9\n\n第二条 未分类债权 9\nA. 管理费用债权 9\nB. 专业人员报酬债权 9\nC. 优先税收债权 10\nD. 美国受托人法定费用 10\n\n第三条 债权的分类及处理 10\nA. 概述 10\nB. 债权的分类及处理 11\nC. 消除空置类别 12\nD. 在本金与利息之间分配分派款项 12\nE. 管辖未受损债权的特别规定 12\nF. 非合意确认 13\n\n第四条 实施本计划的方法 13\nA. 债权的一般和解 13\nB. 重组交易 13\nC. 重组后债务人 13\nD. 债权人信托 14\nE. 重组交易以及重组后债务人和债权人信托的资金安排 18\nF. 债务人在确认日后继续作为占有中的债务人 19\nG. 确立管理费用申报截止日 19\nH. 禁令或中止的期限 19\nI. 实施文件和交易 19\nJ. 保留诉讼权利 20\nK. 最终证明及案件结案 20\n\n第五条 管辖分派的规定 21\n\nA. 初始分派日 21\nB. 有争议债权的处理 21\nC. 后续分派 21\nD. 分派的记录日 22\nE. 分派的交付 22\nF. 根据本计划支付现金的方式 23\nG. 以支票支付现金的时效限制 23\nH. 遵守税务要求 23\nI. 债权的申请后利息 23\nJ. 分派不得超过获准债权金额 23\nK. 抵销和追偿 23\n\n第六条 有争议债权 24\nA. 在获准前不作分派 24\nB. 债权异议截止日 24\nC. 有争议债权的解决 24\nD. 债权估算 24\nE. 不予准许债权 24\nF. 无异议调整债权 25\n\nG. 修改债权 25\n\n第七条 待履行合同和未到期租赁的处理 25\nA. 拒绝待履行合同和未到期租赁 25\nB. 基于拒绝待履行合同或未到期租赁的债权 26\nC. 债务人的保险单 26\n\n第八条 生效日的先决条件 27\nA. 生效日的先决条件 27\nB. 生效日条件未发生的效力 27\nC. 确定生效日 27\n\n第九条 免责、禁令及相关规定 27\nA. 妥协与和解 27\nB. 免责及相关事项 28\nC. 放弃对未知债权免责的限制 28\nD. 免责保护 28\nE. 禁令 29\nF. 解除留置权 29\nG. 保留诉讼权利 29\n\n第十条 保留管辖权 30\n\n第十一条 杂项规定 31\nA. 修改计划 31\nB. 撤销计划 31\nC. 支付法定费用 31\nD. 继承人和受让人 31\nE. 准据法 31\nF. 权利保留 31\nG. 第1146条豁免 32\nH. 完整协议 32\nI. 附件 32\nJ. 不可分割性 32\nK. 委员会解散 32\nL. 第1125(e)条善意遵守 32\nM. 债务免除 33\n根据《破产法典》第1141(d)条，在生效日发生时，确认裁定应被视为已解除债务人在确认裁定录入之日前产生的任何债务。33\nN. 进一步保证 33\nO. 文件送达 33\nP. 提交补充文件 33\nQ. 确认裁定不停止执行 33\nR. 协助及承认 33\n\nCase 22-50073 Doc 197 Filed 04/10/22 Entered 04/10/22 21:11:27 Page 6 of 41\n\n附件目录\n\n待定\n\n债务人根据《破产法典》第11章提出的计划\n\n根据《美国法典》第11编，11 U.S.C. §§ 101 et seq.，债务人作为计划提出人，现恭敬地提出以下根据《破产法典》第11章制定的计划。\n\n第一条\n\n定义术语及解释规则\n\nA. 定义术语\n\n除非上下文另有要求，下列术语在本文中以首字母大写形式使用时，应具有下列含义：\n\n1. “管理费用和优先债权准备金”系指由债权人信托设立和维持，并由计划资金提供方出资，用于支付在生效日后获准、但截至生效日尚未全额支付的已产生但未支付的美国受托人费用以及管理费用债权、优先债权和专业人员报酬债权的准备金。\n\n2. “管理费用申报截止日”系指根据本计划第四条 H 款确定的日期；但根据第503(b)(9)条产生的债权所适用的管理费用申报截止日为一般申报截止日。\n\n3. “管理费用债权”系指在管理费用申报截止日之前，依照本文规定的截止期限和程序（除非本文另有规定或破产法院另有单独命令），根据《破产法典》第503(b)、507(b)或1114(e)(2)条就管理成本和费用及时提出的债权，包括但不限于：(a) 自申请日后至生效日前为保存破产财产及经营债务人和重组后债务人业务而实际发生的必要成本和费用（例如服务的工资、薪金或佣金，以及货物和其他服务的付款）；以及 (b) 根据 28 U.S.C. §1930 对破产财产征收的全部费用和收费；但美国受托人无需在管理费用申报截止日之前就根据 28 U.S.C. § 1930 对破产财产征收的费用和收费提出付款请求；进一步规定，政府单位提出的所有行政税收债权付款请求均不受管理费用申报截止日的约束。本文所称“管理费用债权”不包括专业人员报酬债权。\n\n4. “行政税收债权”系指政府单位根据第503(b)(1)(B)、(C)或(D)条就任何纳税年度或期间的税款提出的管理费用债权（以及与该等税款相关的利息和/或罚金），该纳税年度或期间的全部或任何部分发生于或落入自申请日（含）至生效日（含）的期间内。\n\n5. “关联方”具有《破产法典》第101(2)条规定的含义。\n\n6. “获准”就任何债权而言，除非本文另有规定，系指：(a) 债务人在其清单中列明为非争议性、非或有性或非未清算性的债权，且该债权未被已提交的债权证明所取代，并且债务人、委员会、债权人信托或其他利害关系方未在债权异议截止日之前提交异议；(b) 已提交债权证明，且债务人、委员会、债权人信托或其他利害关系方未在债权异议截止日之前提交异议的债权；(c) 在债权异议截止日之前未被争议，或已由终局裁定准许的债权；(d) 以下述方式获准的债权：(i) 在确认裁定录入前或后由债务人或债权人信托（视情况而定）就金额和性质签署的任何约定中获准，并在必要时经破产法院批准；或 (ii) 在与本计划有关而订立或承继的任何合同、文书、契约或其他协议中，或根据该等合同、文书、契约或其他协议获准；(e) 根据本计划条款获准的债权；(f) 根据《破产法典》第502(c)条估算的债权，除非破产法院命令另有明确规定；或 (g) 已及时提交债权证明且未在债权异议截止日之前提交异议的有争议债权。\n\n7. “受让诉讼权利”系指属于债务人或重组后债务人，且未被债权人信托放弃或豁免的任何及全部诉讼权利；但受让诉讼权利不包括：(a) 根据本计划第九条针对被免责方的已免责债权；(b) 根据本计划第九条针对免责保护方的已获免责保护的权利或诉讼权利；(c) 船舶所有权债权；以及 (d) 针对并非计划资金提供方或计划资金提供方关联方的任何实体或个人的权利或诉讼权利，但计划补充文件中确认者除外。\n\n8. “受让债权异议”系指与受让诉讼权利有关的对债权证明提出的异议。\n\n9. “撤销行动”系指可根据《破产法典》或适用的非破产法，代表债务人、重组后债务人、破产财产、委员会或债权人信托（视情况而定）提起的任何及全部撤销、追偿、劣后或其他行动或救济，包括但不限于根据《破产法典》第510、542、543、544、545、547、548、549、550、551、552和553条采取的行动或救济。\n\n10. “破产法典”系指经不时修订的《美国法典》第11编，11 U.S.C. §§ 101 et seq.。\n\n11. “破产法院”系指美国康涅狄格州联邦破产法院。\n\n12. “破产规则”系指《联邦破产程序规则》、美国康涅狄格州联邦破产法院的当地破产业务和程序规则，以及破产法院的一般命令和法官办公室程序，均以适用于第11章案件且经不时修订者为准。\n\n13. “船舶”系指名为“Lady May”、信号字母为 ZGDQ9、在开曼群岛登记于 HK USA 名下的特定游艇。\n\n14. “船舶出资”系指 HK USA 向债权人信托出资该船舶。\n\n15. “船舶所有权债权”系指除在本计划生效日前的 HK USA 及其后的债权人信托外，任何一方对该船舶所有权享有的任何债权或诉讼权利。\n\n16. “船舶选择”系指有权根据本文第三条 B.3(b)(ii)项获得处理的债权持有人作出的选择，即：(i) 成为本文所定义的免责方；以及 (ii) 从债权人信托获得该船舶或其价值的按比例份额。\n\n17. “营业日”系指除星期六、星期日或“法定假日”（该术语定义见 Fed. R. Bankr. P. 9006(a)）以外的任何一日。\n\n18. “现金”系指美利坚合众国的法定货币或其等值物。\n\n19. “诉因”系指所有请求权、诉讼、诉因、诉权、撤销权诉讼、诉讼案件、债务、应付款项、款项、账目、结算、债券、票据、盖印文书、契约、合同、争议、协议、承诺、差异、侵权行为、损害赔偿、判决、救济、抵销权、第三方请求、代位求偿请求、分担请求、偿还请求、赔偿请求、反诉及交叉诉讼请求，无论其在生效日尚待审理或可能尚待审理，或于生效日后针对任何实体提起；无论其基于法律或衡平法，无论为直接、间接、派生或其他性质，亦无论其截至生效日已主张或未主张。\n\n20. “第11章案件”系指债务人于申请日根据《破产法》第11章提交自愿救济申请时启动的第11章案件。该第11章案件被分配案号为22-50073 (JAM)。\n\n21. “请求权”系指针对债务人的“请求权”（该术语定义见《破产法》第101(5)条）。\n\n22. “请求权异议截止日”系指根据本计划第VI条规定，就请求权提出异议的最后一日，包括其任何延长期。\n\n23. “请求权登记册”系指由送达通知代理人代表破产法院书记官在债务人第11章案件中维护的正式请求权登记册。\n\n24. “类别”系指根据《破产法》第1122(a)条，按照本计划第III条所列的请求权持有人类别。\n\n25. “委员会”系指美国受托人在第11章案件中根据《破产法》第1102条指定的债务人无担保债权人正式委员会。\n\n26. “确认日”系指破产法院作出计划确认裁定之日。\n\n27. “确认裁定”系指破产法院根据《破产法》第1129条确认本计划的裁定。\n\n28. “债权人信托”系指于生效日根据本计划第IV.D.2条及《债权人信托协议》设立的债权人回收信托。\n\n29. “债权人信托协议”系指于生效日签署、实质上采用随计划补充文件提交的格式、设立债权人信托并规定债权人信托条款和条件（包括债权人受托人的权力、权利及职责）的协议。\n\n30. “债权人信托财产资产”统称截至生效日债务人破产财产的所有财产，包括已转让诉因及DIP 融资现金，但不包括：(a) 根据《破产法》第522条享有豁免的财产；(b) 因《破产法》第1115条而纳入破产财产的财产；(c) 保留诉因；(d) 已解除请求权；(e) UC 现金及剩余 UC 现金；以及 (f) 该船舶及任何船舶所有权请求权。\n\n31. “债权人信托受益人”系指有权根据本计划第III.B条获得处理的获准请求权持有人。\n\n32. “债权人受托人”系指由债务人选定并于确认听证会前披露的无利害关系个人，其作为债权人信托的受托人并管理债权人信托。\n\n33. “CT 资产”系指债权人信托持有的任何种类的全部资产。\n\n34. “补救费用”系指为补救债务人根据《破产法》第365条或第1123条拟承接的任何待履行合同或未到期租约项下任何金钱违约所需支付的全部金额（或待履行合同或未到期租约当事人可能约定的较低金额）。\n\n35. “债务人”或“占有中的债务人”统称本计划封面页具体列明的上文标题所示债务人及占有中的债务人。\n\n36. “债务人特权”系指附着于债务人持有的任何文件或通信（以任何形式，包括但不限于书面、电子或口头形式）的任何律师—当事人特权、工作成果保护、共同利益特权或其他特权或豁免。\n\n37. “DIP 融资”系指 DIP 贷款人向债务人提供的次级定期贷款，受制于并进一步载于[*临时 DIP 裁定：(I) 授权债务人取得无担保、次级的申请后融资；(II) 安排临时和最终听证会；及 (III) 给予相关救济*] [Docket No. [●]]，并包括据此产生的所有利息、费用及偿还义务。\n\n38. “DIP 融资请求权”系指 DIP 贷款人在 DIP 融资项下的请求权。\n\n39. “DIP 融资现金”系指在生效日尚未使用的 $1,000,000 现金对破产财产的注资，该注资在 DIP 融资文件中定义为破产财产出资贷款。\n\n40. “DIP 贷款人”系指 Golden Spring（金泉），仅以其作为 DIP 融资项下贷款人的身份。\n\n41. “信息披露声明裁定”系指批准信息披露声明的裁定，该裁定由破产法院于[DATE] [ECF NO. ]作出。\n\n42. “信息披露声明”系指 Ho Wan Kwok（郭文贵）的拟议第11章计划信息披露声明，日期为[ ]，根据《破产法》、破产规则及任何其他适用法律编制和分发，并由破产法院在信息披露声明裁定中批准，以及经不时修订、补充或修改后的版本。\n\n43. “有争议”就任何请求权而言，系指并非获准请求权的该请求权部分（或全部），且：(a) 已根据《破产法》或破产法院裁定提交或视为已提交请求权证明的；(b) 债务人、委员会或债权人信托已根据适用的《破产法》、破产规则、本计划或《债权人信托协议》提交或可及时提交异议或估算请求的；或 (c) 债务人、委员会或债权人信托以其他方式根据适用法律提出争议的；但该等异议、估算请求或争议尚未被撤回或由终局裁定确定。在异议已提交或可提交之前，如出现下列情形，请求权亦应被视为有争议：(x) 任何请求权证明中载明的请求权金额或分类超过或不同于债务人在其附表中列明的任何相应请求权的金额或分类；(y) 如债务人在其附表中将任何相应请求权列为未清算、有争议或或有请求权，则该请求权全部；或 (z) 如债务人未在其附表中列明相应请求权，则该请求权全部。\n\n44. “有争议请求权准备金”系指债权人信托估计为合理满足其根据本计划及《债权人信托协议》就获准管理费用请求权、优先请求权、专业人士报酬请求权或其他事项可能需作出的分配而必要的一项或多项现金准备金。\n\n45. “分配”系指根据本计划向获准请求权持有人、优先清算信托资产及次级清算信托资产作出的现金分配。\n\n46. “分配日”系指首次分配日及任何后续分配日。\n\n47. “生效日”系指根据本计划第VIII条确定的日期。\n\n48. “实体”具有《破产法》第101(15)条规定的含义。\n\n49. “破产财产”系指根据《破产法》第541条于申请日设立的债务人破产财产。\n\n50. “免责方”统称：(a) 债务人；(c) 委员会及仅以该等身份行事的其各成员；(d) 在第11章案件中指定的任何第11章受托人和/或审查员；以及 (e) 上述各方各自的专业人士，该等专业人士在申请日至生效日期间的任何时候以该等身份任职。\n\n51. “待履行合同”系指债务人中一名或多名作为当事方、并可根据《破产法》第365条或第1123条承接或拒绝履行的合同或租约。\n\n52. “提交”或“已提交”就任何诉状而言，系指已登记于第11章案件的案卷，并已根据破产规则妥为送达。\n\n53. “最终证明”系指债权人信托向破产法院提交的文件，证明：(a) 已完成对获准请求权的所有分配；及 (b) 债权人信托的全部职责均已完成。\n\n54. “终局裁定”系指破产法院或就相关事项具有管辖权的其他法院作出的裁定或判决书，该裁定或判决书未被撤销、中止、修改或修订，且就该裁定或判决书提出上诉、申请调卷令或申请重新辩论或重新审理的期限已届满且未及时提出上诉或调卷令申请；或者，就已提出的任何上诉或已提出或可能提出的任何调卷令申请，已由该裁定或判决书被上诉至的最高法院或申请调卷令的最高法院作出解决，或已以有偏见方式被驳回。\n\n55. “一般申报截止日裁定”系指《设定提交请求权证明期限并批准其通知形式和方式的裁定》[Docket No. ]，以及法院作出的任何其他及进一步裁定，该等裁定设定提交请求权证明的截止日期、给予相关救济并实施相关程序。\n\n56. “一般申报截止日”系指一般申报截止日裁定所确定的提交请求权证明的截止日期，但政府单位的请求权、受其他特定期限限制的请求权及根据《破产法》第503(b)(9)条产生的请求权除外。\n\n57. “一般无担保请求权”系指无担保诉讼请求权及无担保贸易请求权。\n\n58. “Golden Spring”系指 Golden Spring (New York) Ltd.（纽约金泉有限公司）。\n\n59. “政府单位申报截止日”系指一般申报截止日裁定所确定的各政府单位提交请求权证明的截止日期。\n\n60. “政府单位”具有《破产法》第101(27)条规定的含义。\n\n61. “HK USA”系指 HK International Funds Investments (USA) Limited, LLC（香港国际基金投资〈美国〉有限责任公司），该实体的注册地址为203 NE Front Street, Suite 101, Milford, DE 19963。\n\n62. “持有人”系指根据本计划有权从重组债务人获得分配的获准请求权持有人，无论该等请求权在生效日是否为获准请求权。\n\n63. “受损害”就某项请求权或某一请求权类别而言，系指《破产法》第1123(a)(4)条及第1124条含义内的“受损害”。\n\n64. “首次分配日”系指债权人信托应进行首次分配的日期，该日期应由债权人受托人选定。\n\n65. “内部人”具有《破产法》第101(31)条赋予该术语的含义。\n\n66. “Lamp”系指 Lamp, LLC（兰普有限责任公司）。\n\n67. “诉讼融资请求权”系指 Golden Spring 及 Lamp 持有的请求权，包括但不限于任何 DIP 融资请求权。\n\n68. “净收益”系指重组债务人从处置任何财产中收取的任何金额，在支付为实现收取该等收益而根据适用法律或协议可能必须支付的所有合理且惯常的相关成本和费用后所得的金额，包括但不限于本计划未以管理费用请求权方式支付的任何合理律师费。\n\n69. “送达通知代理人”系指 Stretto, Inc.（斯特雷托公司）。\n\n70. “其他有担保债权”是指并非诉讼融资债权的任何有担保债权。\n\n71. “人”具有《破产法》第101(41)条赋予该术语的含义。\n\n72. “申请日”是指2022年2月15日，即债务人提出第11章案件之日。\n\n73. “计划”是指本《破产法》第11章计划，无论其为现有形式，还是根据《破产法》、破产规则或本文件不时变更、修订、修改或补充的形式（视具体情况而定），以及以引用方式并入本文件的计划补充文件。\n\n74. “计划资助方”是指Golden Spring（Golden Spring）和HK USA（HK USA）。\n\n75. “计划资助方关联方”是指与计划资助方有关联的所有个人和实体，并且为免生疑问，包括本计划附件[●]中确定的各方（可由计划补充文件进一步修订或补充）。\n\n76. “计划资助方获免责请求权”是指与DIP融资安排、披露声明或计划有关或以任何方式与之相关的、针对计划资助方的任何及所有请求权、义务、诉讼、判决、损害赔偿、要求、债务、权利、诉因及责任（债务人、重组后债务人或债权人信托为执行确认裁定和计划项下义务，以及据此交付的合同、文书、免责文件及其他协议或文件而享有的权利除外），无论其是否已清算或未清算、确定或或有、到期或未到期、已知或未知、可预见或不可预见、届时存在或日后产生，属于法律、衡平法或其他性质，亦无论其系侵权、合同、违反联邦或州证券法或其他法律，只要其全部或部分基于在生效日当日或之前发生的任何作为、不作为、交易、事件或其他情形。\n\n77. “计划补充文件”是指计划的文件及文件格式、附表和附件汇编，其内容可予变更、修订、修改或补充。\n\n78. “计划补充文件提交日”是指下列日期：(A) 在（1）投票截止日及（2）对确认提出异议的截止日之前至少六个日历日；或(B) 破产法院以裁定确定的其他日期。\n\n79. “优先债权”是指优先非税收债权和优先税收债权。\n\n80. “优先非税收债权”是指根据《破产法》第507(a)(4)、507(a)(5)、507(a)(7)或507(a)(9)条享有付款优先权的债权或其部分，在任何情况下均以法律允许的最大范围为限。\n\n81. “优先税收债权”是指《破产法》第507(a)(8)条规定种类的政府单位债权。\n\n82. “按比例份额”就特定债权的特定持有人而言，是指该债权持有人持有的该债权金额与特定类别或组别内全部债权总额的比率。除非计划另有明确规定，该比率应按截至生效日针对所有债务人主张的特定类别或组别内全部债权均为获准债权计算。\n\n83. “专业人士”是指：(a) 根据终局裁定并依照《破产法》第327、328或1103条受聘，以及依照《破产法》第327、328、329、330或331条就已提供服务和已发生费用获得报酬的任何实体；以及(b) 经法院许可聘用的日常经营专业人士。\n\n84. “专业人士报酬债权”是指专业人士就申请日当日或之后提供的专业服务或发生的成本提出的债权。为免生疑问，专业人士报酬债权可包括专业人士就预计将提供至并包括生效日的服务提出的债权。\n\n85. “专业人士债权截止日”是指生效日后第四十五(45)日之日后的第一个营业日17:00（美国东部现行时间）。\n\n86. “记录日”是指为确定持有人就获准债权有权根据计划获得分配而确定的记录日，该日期应为确认日之前五(5)个营业日。\n\n87. “关联方”就任何一方而言，是指其关联方、其及其关联方的前身、继承人和受让人、子公司、管理账户或基金、现任及前任董事、负责人、经理、高级管理人员及股权权益持有人（无论该等权益为直接或间接持有）、股权权益持有人的关联方、配偶、信托、受让人、继承人、受益人、成员、合伙人、现任及前任雇员、顾问、会计师、代表、律师及其他专业人士，均以其该等身份行事。\n\n88. “关联方获免责请求权”是指与债务人及其第11章案件有关或以任何方式与之相关的、针对计划资助方及计划资助方关联方的任何及所有请求权、义务、诉讼、判决、损害赔偿、要求、债务、权利、诉因及责任（债务人、重组后债务人或债权人信托为执行确认裁定和计划项下义务，以及据此交付的合同、文书、免责文件及其他协议或文件而享有的权利除外），无论其是否已清算或未清算、确定或或有、到期或未到期、已知或未知、可预见或不可预见、届时存在或日后产生，属于法律、衡平法或其他性质，亦无论其系侵权、合同、违反联邦或州证券法或其他法律，只要其全部或部分基于在生效日当日或之前发生的任何作为、不作为、交易、事件或其他情形。\n\n89. “获免责请求权”是指与债务人、债务人的行为、第11章案件、披露声明或计划有关或以任何方式与之相关的任何及所有请求权、义务、诉讼、判决、损害赔偿、要求、债务、权利、诉因及责任（债务人、委员会、债权人信托或持有获准债权的债权人为执行确认裁定和本计划项下义务，以及据此交付的合同、文书、免责文件及其他协议或文件而享有的权利除外），无论其是否已清算或未清算、确定或或有、到期或未到期、已知或未知、可预见或不可预见、届时存在或日后产生，属于法律、衡平法或其他性质，亦无论其系侵权、合同、违反联邦或州证券法或其他法律，只要其全部或部分基于在生效日当日或之前发生的任何作为、不作为、交易、事件或其他情形，包括但不限于计划资助方获免责请求权和关联方获免责请求权。\n\n90. “获免责方”统称债务人、计划资助方、计划资助方关联方、委员会及其每位成员（仅以该等身份）、在第11章案件中获指定的任何第11章受托人或审查人，以及上述各方的现任和前任代表（均以其该等身份行事）。\n\n91. “作出免责方”是指：(A) 债务人，代表其本人及其破产财产；(B) 委员会；(C) 每位获准无担保贸易债权的持有人；(D) 每位有权依照Art. III.B.3获得处理并作出船舶选择的债权持有人；以及(E) 任何其他有权投票接受或拒绝计划的债权持有人，如(1)该持有人投票接受计划，或(2)该持有人投票拒绝计划且并非第三方免责退出债权人。\n\n92. “剩余UC现金”是指债权人信托清偿所有有权依照Arts. III.B.3(b)(i)和III.B.4获得处理的债权后剩余的任何UC现金。\n\n93. “保留诉因”是指属于债务人或重组后债务人的、并非已转让诉因的任何及所有诉因；但保留诉因不包括：(a) 根据本计划第IX条针对获免责方的获免责请求权；(b) 根据本计划第IX条针对被免责方的免责权利或诉因；以及(c) 船舶所有权债权。\n\n94. “重组后债务人”是指自生效日当日及之后的债务人。\n\n95. “代表”就任何实体而言，是指其高级管理人员、经理、董事、现任及前任雇员、顾问、律师、专业人士、会计师、投资银行家、财务顾问、咨询人员及代理人，均以其该等身份行事。就本定义而言，“经理”一词是指有限责任公司经理委员会的经理。\n\n96. “剩余权益”是指在依照本计划条款清偿所有债权后，债务人在债权人信托财产资产中享有的权益。\n\n97. “附表”是指于2022年3月9日提交的资产和负债附表及财务事务说明书，可予修订或补充。\n\n98. “有担保债权”是指如下债权：(i) 由根据《破产法》或适用的非破产法有效、完善且可执行的留置权，或因终局裁定而获得担保；或(ii) 因《破产法》第553条规定的抵销权而获得担保；但无论何种情况，均仅限于依照《破产法》第506(a)条确定的持有人在破产财产对该等财产所享有权益中的价值，或视具体情况而定，仅限于受该抵销约束的金额。\n\n99. “后续分配日”是指初始分配日之后债权人信托应进行一次或多次分配的日期，该等日期应由债权人受托人依其商业判断选定。\n\n100. “税务主管机关”是指负责税收收入评定、核算及／或征收的任何政府单位，包括但不限于Texas Comptroller of Public Accounts, Revenue Accounting Division（德克萨斯州公共账目审计长办公室收入核算处）。\n\n101. “第三方免责退出债权人”是指已投票拒绝本计划，且在用于征集接受或拒绝计划投票的选票上，明确选择不提供本计划第IX条规定的对计划资助方或计划资助方关联方的免责的债权人。\n\n102. “美国受托人”是指第2区美国受托人。\n\n103. “未到期租赁”是指一名或多名债务人为当事方，且如有，可根据《破产法》第365或1123条予以承继或拒绝的租赁。\n\n104. “未受损”就债权或债权类别而言，是指在《破产法》第1123(a)(4)和1124条含义内不属“受损”。\n\n105. “无担保诉讼债权”是指在申请日之前产生且(a)无权根据《破产法》第507条获得优先权，(b)并非有担保债权，(c)并非诉讼融资债权，(d)并非无担保贸易债权，以及(e)根据申请日时针对债务人的任何待决或拟提起诉讼产生或与之相关的债权。\n\n106. “无担保贸易债权”是指符合以下条件的债权：(a) 无权根据 Bankruptcy Code（破产法典）第507条享有优先权；(b) 不属于有担保债权；(c) 不属于诉讼融资债权；且 (d) 不属于无担保诉讼债权；但前提是，无担保贸易债权应包括由债务人为与债务人提起或针对债务人提起的任何诉讼相关而聘用的货物或服务提供者持有的申请日之前债权；但进一步前提是，为获得无担保贸易债权所给予的待遇，任何该等债权的持有人必须同意：(x) 成为本文件所定义的作出豁免的一方；以及 (y) 向债务人提供的贸易信贷条件至少与申请日前90日内向债务人提供的条件同样优惠。任何潜在无担保贸易债权的持有人如拒绝提供该等豁免及贸易信贷条件，其债权应改按第3类无担保诉讼债权处理。\n\n107. “UC现金”是指计划出资人向债权人信托注入的、足以清偿根据第III.B.3(b)(ii)条或第III.B.4条有权获得待遇的所有债权的现金金额。\n\nB. 解释规则\n\n1. 就本文件而言：(a) 在适当语境下，每一术语，无论以单数或复数表述，均包括单数和复数；以阳性、阴性或中性性别表述的代词均包括阳性、阴性和中性性别；(b) 本文件中凡提及合同、文书、豁免书或其他协议或文件采用特定形式或特定条款和条件，均指所述文件应基本采用该等形式或基本载有该等条款和条件；(c) 本文件中凡提及现有文件或附件已经提交或将要提交，均指该文件或附件及其后可能作出的修订、修改或补充；(d) 除非另有说明，本文件中对“条款”的所有提述均指本计划或本计划所附文件的条款；(e) “本文件中”、“本文件的”及“本文件所附”等词语指整个计划，而非计划的特定部分；(f) 条款的题注和标题仅为便于查阅而设，不构成本文件的一部分，亦不影响本文件的解释；(g) Bankruptcy Code（破产法典）第102条规定的解释规则应适用；以及 (h) 本文件中以首字母大写形式使用、但未另行定义且在 Bankruptcy Code（破产法典）或 Bankruptcy Rules（破产规则）中使用的任何术语，应具有其在 Bankruptcy Code（破产法典）或 Bankruptcy Rules（破产规则）中被赋予的含义（视情况而定）。\n\n2. 在计算本文件规定或允许的任何期限时，Fed. R. Bankr. P. 9006(a) 的规定应适用。\n\n3. 除非另有明确规定，本文件中对货币数额的所有提述均指美利坚合众国货币。\n\n4. 如本计划与就此提交的披露声明、计划补充文件或其任何组成部分，或债务人组织文件之间存在任何不一致之处，应以本计划为准。\n\nC. 附件\n\n本计划的所有附件将纳入计划补充文件，该文件应最迟于就接受或拒绝本计划进行投票的截止日前十（10）个日历日，以基本最终形式向 Bankruptcy Court（破产法院）提交。计划补充文件可供查阅：(i) 于 Bankruptcy Court（破产法院）书记官办公室；或 (ii) 于 htt；或 (iii) 于送达代理人网站 http；或 (iv) 此外，有利害关系方亦可在计划补充文件（包括其中所载全部附件）提交后，通过向以下地址发出书面请求，从债务人处取得副本：Brown Rudnick LLP，7 Times Square, 47th Fl., New York, NY 10036，收件人：Alexandra Deering，律师助理。\n\n第二条\n未分类债权\n\n根据 Bankruptcy Code（破产法典）第1123(a)(1)条，行政债权和优先税务债权未被分类，因此不纳入第三条规定的债权类别。\n\nA. 行政债权\n\n在遵守 Bankruptcy Code（破产法典）第328、330(a)及331条规定的前提下，债务人或生效日后的债权人信托（视情况而定）应以现金向每一获准行政债权持有人支付该获准行政债权的全部未付款金额：(i) 于生效日或其后尽快支付（或如届时尚未到期，则于该获准行政债权到期时或其后尽快支付）；(ii) 如该债权于生效日后获准，则于该债权获准之日或其后尽快支付（或如届时尚未到期，则于该获准行政债权到期时支付）；(iii) 于该持有人与债务人或重整后债务人（视情况而定）可能约定的时间并按该等条款支付；或 (iv) 于 Bankruptcy Court（破产法院）命令规定的时间并按该等条款支付；但前提是，United States Trustee（美国受托人）无需在适用行政债权申报截止日前，就根据28 U.S.C. §1930对破产财产评定的费用和收费提出付款请求。\n\nB. 专业人士报酬债权\n\n1. Bankruptcy Court（破产法院）应在确认命令中规定提交与生效日前提供的服务有关的所有专业人士报酬债权的截止日期；该截止日期可经重整后债务人与一名或多名专业人士协议延长。任何未在专业人士债权申报截止日前由专业人士提交的专业人士报酬债权，应根据本计划视为不获准，并应永久不得向破产财产、重整后债务人、债权人信托或重整后债务人或债权人信托持有或维持的任何其他财产主张；其持有人应被禁止提起或继续任何为收取、抵销、追偿或收回该等债权的诉讼、程序或行为。在遵守 Bankruptcy Code（破产法典）第328、330(a)及331条规定的前提下，债务人或生效日后的债权人信托（视情况而定）应最迟于该债权经 Bankruptcy Court（破产法院）录入的命令获准之日起五（5）个营业日内，以现金向每一获准专业人士报酬债权持有人支付该获准专业人士报酬债权的全部未付款金额，不论该命令是否存在待决上诉、暂停执行请求或复议请求。\n\n2. 自生效日起及之后，(a) 重整后债务人应在正常业务过程中，无需进一步通知 Bankruptcy Court（破产法院），亦无需向其提出申请或取得其行动、命令或批准，以现金支付重整后债务人在生效日当日或之后产生的、与实施本计划有关的合理法律、专业或其他费用及支出；但该等费用及支出不得从行政及优先债权准备金中支付或应付；以及 (b) 债权人信托应无需进一步通知 Bankruptcy Court（破产法院），亦无需向其提出申请或取得其行动、命令或批准，以现金支付债权人信托在生效日当日或之后产生的、与实施本计划有关的合理法律、专业或其他费用及支出。于生效日，专业人士为寻求在该日后提供服务的聘任或报酬而遵守 Bankruptcy Code（破产法典）第327至331条、第363条及第1103条、Local Bankruptcy Rules（当地破产规则）或 Bankruptcy Court（破产法院）任何命令的任何要求均告终止；重整后债务人和债权人信托可依照本第二条B.2的条款，在正常业务过程中聘用并支付任何专业人士，无需进一步通知 Bankruptcy Court（破产法院），亦无需取得其行动、命令或批准。\n\nC. 优先税务债权\n\n除非每一获准优先税务债权持有人同意获得较不优惠的待遇，作为对每一获准优先税务债权的完全及最终清偿、和解、豁免及解除，在生效日当日或之前到期应付的每一获准优先税务债权持有人，应于生效日后在合理可行的最短时间内，就该债权获得：(1) 金额等于该获准优先税务债权金额的现金；(2) 债务人或债权人信托（视情况而定）与该持有人约定金额的现金；但前提是，该等当事人可进一步约定于较晚日期支付该获准优先税务债权；或 (3) 由债务人或债权人信托（视情况而定）选择，按照 Bankruptcy Code（破产法典）第1129(a)(9)(C)条，自申请日起不超过五年期间分期支付、总额相当于该获准优先债权的现金。就任何在生效日当日或之前尚未到期应付的获准优先税务债权而言，重整后债务人应根据债务人与该持有人之间任何协议的条款，或根据适用的非破产法或在正常业务过程中到期应付的方式，以现金全额支付该债权。如债务人或重整后债务人收到来自税务机关、涉及生效日前期间的任何退税，该等退税应首先用于抵销应向该税务机关支付的、由该税务机关提交的任何未偿优先税务债权，税务机关的任何剩余退税应转移给重整后债务人。\n\nD. 美国受托人法定费用\n\n债务人和重整后债务人（视情况而定）应就每一季度（包括其任何不足一季度的期间），支付根据28 U.S.C § 1930(a)(6)应付的所有 United States Trustee（美国受托人）季度费用，加上根据31 U.S.C. § 3717就所有支付款项（包括计划付款，以及在债务人或重整后债务人正常业务过程中及正常业务过程外作出的支付款项）应付的任何利息，直至第11章案件被转换、驳回或结案，以最先发生者为准。\n\n第三条\n债权的分类和待遇\n\nA. 概述\n\n1. 根据 Bankruptcy Code（破产法典）第1123(a)(1)条，债务人未对第二条所述的行政债权、专业人士报酬债权、United States Trustee（美国受托人）费用及优先税务债权进行分类。因此，除该等债权外，所有债权均按下文规定归入各类别。\n\n2. 下表为针对债务人的债权进行分类，以适用于包括投票、确认以及根据本计划和 Bankruptcy Code（破产法典）第1122条及第1123(a)(1)条进行分配在内的一切目的。本计划仅在债权符合该类别的描述范围内，视该债权被归入特定类别；在该债权的任何剩余部分符合另一类别描述的范围内，该部分应视为被归入该另一类别。债权仅在该等债权于该类别中获准且未于生效日前获得支付或以其他方式和解的范围内，属于特定类别。\n\n类别 债权 状态 投票权\n\n1 其他有担保债权 未受损 无权投票；视为接受\n2 优先非税务债权 未受损 无权投票；视为接受\n3 无担保诉讼债权 受损 有权投票\n4 无担保贸易债权 受损 有权投票\n5 诉讼融资债权 受损 有权投票\n\nB. 债权的分类和待遇\n\n1. 其他有担保债权（第1类）\n\n(a) 分类：第1类由其他有担保债权构成。\n\n(b) 处理：除非经获准其他有担保债权的持有人与债务人或债权人信托（视情况而定）另行共同约定，在生效日和该等其他有担保债权获准之日两者中较晚之日，或在其后尽快可行时，债权人信托应由其自行且专属选择，并在适用范围内，就该等其他有担保债权作出完全及最终清偿，而采取下列一项措施：\n\n(i) 向该等债权的持有人交付为该等获准其他有担保债权提供担保的担保物；\n\n(ii) 向该等债权的持有人支付相当于该等担保物价值的现金；或\n\n(iii) 提供使该等获准其他有担保债权不受损害的其他处理方式。\n\n(c) 表决：第1类不受损害，且每一其他有担保债权的持有人均被最终视为已接受本计划，因此无权就本计划投票。\n\n2. 优先非税务债权（第2类）\n\n(a) 分类：第2类由优先非税务债权构成。\n\n(b) 处理：除非经获准第2类优先非税务债权的持有人与债务人或债权人信托（视情况而定）另行共同约定，在生效日和该等获准优先非税务债权获准之日两者中较晚之日，或在其后尽快可行时，债权人信托应向每一获准第2类优先非税务债权的持有人支付相当于该等获准第2类优先非税务债权全额的现金，以完全及最终清偿该等获准优先非税务债权。\n\n(c) 表决：第2类不受损害，且每一第2类优先非税务债权的持有人均被最终视为已接受本计划，因此无权就本计划投票。\n\n3. 无担保诉讼债权（第3类）\n\n(a) 分类：第3类由无担保诉讼债权构成。\n\n(b) 处理：获准无担保诉讼债权的持有人可在下列相互排斥的处理选项中作出选择：\n\n(i) 于首次分配日和/或任何后续分配日当日或在其后尽快可行时，债权人信托应向该持有人支付相当于该债权获准金额百分之十（10%）的现金，以完全及最终清偿该等获准无担保诉讼债权；\n\n(ii) 于首次分配日和/或任何后续分配日当日或在其后尽快可行时，债权人信托应向该持有人支付其在剩余债权人信托财产资产中的按比例份额，以完全及最终清偿该等获准无担保诉讼债权；但条件是，该持有人应在本计划的表决记录日之前表明其是否选择作出船舶选择。\n\n(c) 表决：第3类受损害，且无担保诉讼债权的持有人有权投票接受或拒绝本计划。\n\n4. 无担保贸易债权（第4类）\n\n(a) 分类：第4类由无担保贸易债权构成。\n\n(b) 处理：于首次分配日和/或任何后续分配日当日或在其后尽快可行时，债权人信托应向每一获准无担保贸易债权的持有人支付相当于该等债权获准金额百分之十（10%）的现金，以完全及最终清偿该等获准无担保贸易债权。\n\n(c) 表决：第4类受损害，且无担保贸易债权的持有人有权投票接受或拒绝本计划。\n\n5. 诉讼融资债权（第5类）\n\n(a) 分类：第5类由诉讼融资债权构成。\n\n(b) 处理：第5类诉讼融资债权的持有人应获得次级清算信托权益，以清偿该等第5类家族办公室债权；但条件是，就第5类诉讼融资债权作出的任何分配不得超过该等债权的获准金额。\n\n(c) 表决：第5类受损害，且诉讼融资债权的持有人有权投票接受或拒绝本计划。在诉讼融资债权的持有人为债务人内部人士的范围内，该持有人所投的票不得为满足《破产法》section 1129(a)(10)之目的而予以考虑。\n\nC. 空置类别的取消\n\n截至确认日，任何债权类别如不包含获准债权的持有人或根据《破产规则》3018条暂时获准的债权的持有人，则就一切目的而言，均应视为已从本计划中删除，包括为根据《破产法》Section 1129(a)(8)确定该类别对本计划的接受而删除。\n\nD. 本金与利息之间的分配\n\n对于就获准债权作出的分配，如任何有权根据本计划获得分配的该等债权由债务及其应计未付利息构成，该等分配应首先分配至该债权的本金金额（为联邦所得税目的确定），其后，如对价超过该债权的本金金额，则分配至应计未付利息。\n\nE. 管辖不受损害债权的特别条款\n\n除本计划另有规定外，本计划中的任何规定均不得影响债权人信托和/或重组后债务人就任何不受损害债权享有的权利，包括但不限于针对任何该等不受损害债权的法律及衡平法抗辩、抵销或追偿的所有权利。\n\nF. 非协商一致确认\n\n债务人保留根据《破产法》Section 1129(b)寻求确认本计划的权利。在任何类别投票拒绝本计划的范围内，债务人进一步保留根据第XI.A条修改本计划的权利。\n\n第四条\n实施本计划的方式\n\nA. 债权的一般和解\n\n如披露声明中进一步讨论以及本文件另有规定，根据《破产法》section 1123和《破产规则》9019，并考虑到本计划项下规定的分类、分配、豁免及其他利益，自生效日起，本计划的规定应构成对根据本计划解决的所有债权和争议的善意妥协与和解。向任何类别获准债权的持有人作出的分配旨在为最终分配。\n\nB. 重组交易\n\n于生效日或在其后尽快合理可行时，重组后债务人、计划出资人及债权人信托可采取为实施本计划所述、获批准、拟议或为使其生效的任何交易所必要或适当的一切行动，包括签署、提交和/或履行随本计划补充文件提交的所有文件，并进一步包括但不限于：(1) 签署及交付包含与本计划条款一致并满足适用法律要求的条款的适当协议或其他文件，包括但不限于与债权人信托协议有关的任何文件；(2) 按与本计划条款一致的条件，签署及交付适当的财产、权利、责任、职责或义务转让、让与、承继或委托文书；以及(3) 重组后债务人和债权人信托（视情况而定）确定为必要或适当的所有其他行动。\n\nC. 重组后债务人\n\n1. 除本计划或纳入本文件的任何协议、文书或其他文件另有规定外，于生效日，(a) 所有债权人信托财产资产应归属债权人信托，及(b) 不属于债权人信托财产资产的所有财产，包括保留诉因，应归属重组后债务人，不附带任何留置权、债权、费用或其他权利负担。自生效日起及其后，除本计划另有规定外，重组后债务人可在不受破产法院监督或批准的情况下，并不受《破产法》或《破产规则》任何限制地使用、取得或处分财产。\n\n2. 在对债权人信托及重组后债务人而言合理便利的时间及条件下，由债权人信托承担费用，重组后债务人应向债权人信托及时提供查阅债务人账簿和记录的权限（如有，但须遵从重组后债务人保留任何债务人特权的权力），并应以其他方式与债权人信托合作，以履行本文件进一步所述债权人信托的职责。\n\n3. 所有债务人特权应自动归属重组后债务人及其代表人。\n\n4. 债权人受托人应：(i) 成为债务人特权的受益人；及(ii) 有权主张所有债务人特权；在任何一种情况下，均仅限于该等债务人特权与获让与诉因或获让与债权异议有关的范围。为使债权人受托人能够按照本计划及债权人信托协议的条款行事所必要时，债务人特权应在不放弃或免除的情况下延伸至债权人受托人。向债权人受托人披露受债务人所持有的律师—当事人特权、工作成果保护或豁免权、或免予披露的保护所规限的债务人文件、信息或通信，不得构成对任何债务人特权的放弃。为免生疑义，债权人受托人无权亦无能力有意或无意地放弃重组后债务人的任何特权。前述规定不得构成对债务人拥有或保留的其他特权的放弃或其他损害。\n\n5. 在清偿针对债务人的所有债权后，债权人信托应就债务人对该等资产的剩余权益，将所有剩余债权人信托财产资产转让予重组后债务人。该等转让后，所有获让与诉因均应视为保留诉因，并应根据上文第IV.C.1段及下文第IV.J条归属重组后债务人。\n\nD. 债权人信托\n\n1. 任命。\n\n(a) 自生效日起及其后，初始债权人受托人应成为并担任债权人受托人。债权人受托人应获得债权人信托协议中具体规定的报酬及合理费用偿还。债权人受托人无须提交费用申请即可获得报酬。\n\n(b) 债权人受托人应为债务人在计划补充文件中指定的无利害关系人士。\n\n(c) 债权人受托人应履行本第四条D款及债权人信托协议中规定的职责。根据《破产法》§ 1123(b)(3)，债权人受托人应被视为获任代表人，并可依照债权人信托受益人的最佳利益及为其利益，追诉、诉讼、妥协及和解获让与诉因和获让与债权异议。\n\n(d) 除法律授予或本计划任何其他条款赋予债权人信托受托人的任何权力外，债权人信托受托人还应有权并获授权实施《债权人信托协议》中所述行为（如适用，须经法院批准），包括但不限于本协议所载的任何权力；但前提是，下列权力的列举不得以任何方式被视为限制或控制债权人信托受托人依照本计划任何其他条款、《债权人信托协议》和/或任何适用法律明确授权行事的权力和权限，亦不得限制或控制其以债权人信托受托人认为为采取任何其认为适当的行为所必需或适当的方式行事，包括但不限于履行债权人信托受托人承担的或本协议规定的全部义务，并保存和保护债权人信托，或向债权人赋予本计划拟赋予其的利益。债权人信托受托人无需法院进一步批准，即有权并获授权清算CT资产、聘请并支付律师及其他顾问的专业费用和开支、提起并和解对争议债权的异议、提起并和解任何财产债权，以及采取管理案件及促成案件结案所必需的任何其他行动，包括但不限于如下行动：(a) 依照《破产法典》第345条投资资金，并依照本计划及《债权人信托协议》，从债权人信托受托人持有的资金中提取资金、作出分配并支付债权人信托应付的税款及其他义务的权力；(b) 无需破产法院事先命令或批准，聘请并向雇员和专业人士支付报酬以协助债权人信托受托人履行其职责的权力；(c) 无需破产法院事先批准，但须依照《债权人信托协议》，代表债权人信托追索、提起、解决、妥协并和解任何受让诉因的权力；(d) 提起受让债权异议的权力，包括但不限于通过异议、动议或对抗程序使与受让诉因有关的债权劣后受偿或重新定性的权力；以及(e) 依照本计划、《债权人信托协议》、破产法院命令赋予或由债权人信托受托人承担的，或为执行本计划条款所必需和适当的其他权力。\n\n(e) 除本计划及《债权人信托协议》明确规定外，债权人信托受托人代表债权人信托，对于其认定符合债权人信托受益人最佳利益并与债权人信托宗旨一致的任何受让诉因，有完全酌处权决定是否追索，且除构成重大过失或故意不当行为的决定外，不对其决定的结果承担任何责任。债权人信托受托人可以为清算并将CT资产转换为现金而发生任何合理且必要的费用。在遵守本计划其他条款和规定的前提下，债权人信托受托人应被赋予资格、授权、权力和权利，以其作为破产法院指定的债务人财产代表所拥有的权力，主张、提起和/或和解受让诉因；其能力与破产受托人、接管人、审查员、财产管理人、清算人、重整管理人或类似官员所拥有的能力相同或相似。\n\n(f) 如债权人信托受托人辞任、被免职、终止任职或以其他方式不能担任债权人信托受托人，则应依照《债权人信托协议》的规定指定继任者。任何获指定的继任债权人信托受托人均应受本计划、确认裁定及《债权人信托协议》条款约束并遵守该等条款。\n\n2. 债权人信托的设立及治理。\n\n(a) 于生效日，债权人信托受托人应签署《债权人信托协议》，并应采取依照本计划及其中受益权益设立债权人信托所必需的任何其他措施。《债权人信托协议》应载有在可比情形下所使用的信托协议中惯常包含的条款，包括但不限于确保债权人信托在联邦所得税方面继续被视为设立人信托，以及债权人信托受益人被视为其设立人及所有人的任何和所有必要条款。《债权人信托协议》可规定除本协议明确载明者以外的权力、职责和权限，但仅限于该等权力、职责和权限不影响债权人信托在美国联邦所得税方面作为“清算信托”的地位。\n\n(b) 债权人信托设立后，所有债权人信托财产资产应视为于生效日转让给债权人信托，无需债务人或债务人的任何雇员、代理人、顾问或代表采取任何进一步行动。债权人信托受托人应同意依照本计划及《债权人信托协议》的条款，为债权人信托受益人的利益接受并持有CT资产。债务人、计划出资人、债权人信托受托人、债权人信托受益人以及受该等人士控制的任何一方，将签署任何文件或其他文书，并应采取一切其他必要措施，以促使债权人信托财产资产、船舶及UC现金的所有权转让给债权人信托。\n\n(c) 就联邦所得税而言，向债权人信托转让资产将被视为以债权人信托受益人在第11章案件中的债权为交换，将资产应税出售或以其他方式处置给债权人信托受益人。债权持有人在大多数情况下应确认收益或损失，数额等于该持有人就其债权所获“实现金额”与该持有人在该债权中的调整后计税基础之间的差额。“实现金额”等于在该交换中收到的现金与任何其他对价的公平市场价值之和。持有人在债权中的计税基础通常等于该持有人取得该债权的成本。在适用范围内，任何已确认收益或损失的性质（即普通收入，或短期或长期资本收益或损失）将取决于持有人的身份、该债权在持有人手中的性质、取得该债权的目的和情形、持有人持有该债权的期间，以及该持有人此前就该债权全部或部分无价值性主张扣除的程度。\n\n(d) 就美国联邦所得税而言，所有各方（包括但不限于债务人、债权人信托受托人及债权人信托受益人）应将向债权人信托转让债权人信托财产资产、船舶及UC现金视为：(1) 向债权人信托受益人转让债权人信托财产资产，继而(2) 该等资产作为对债权人信托的出资，以换取其中的权益。生效日后尽快，债权人信托受托人应对债权人信托资产进行（或促使进行）善意估值，且所有各方应为美国联邦所得税目的一致采用该等估值。因此，就美国联邦所得税而言，债权人信托受益人应被视为其各自所占CT资产份额的设立人及所有人（分配给争议债权的债权人信托财产资产除外）。在适用法律允许的范围内，上述处理亦应适用于州和地方所得税目的。\n\n(e) 债权人信托受托人应依照《财政部条例》第1.671-4(a)条及本计划，以设立人信托的身份为债权人信托提交纳税申报表。债权人信托的应税所得、收益、损失、扣除或抵免，将依照各债权人信托受益人在债权人信托中的相对受益权益分配给其各自。\n\n(f) 债权人信托应税所得在债权人信托受益人之间的分配（可分配给任何分配给争议债权的资产，或因争议债权而保留的资产的应税所得除外），应参照以下方式确定：如紧接该视同分配之前，债权人信托已将其全部资产（按其税务账面价值计价，但分配给争议债权的资产除外）分配给债权人信托权益持有人，并针对先前应税所得和损失作出调整且计及债权人信托此前及同期作出的所有分配，则代表该等应税所得的一笔现金将如何分配（假如该现金获准在该时点分配）。同样，债权人信托的应税损失应参照紧接假设性清算分配剩余债权人信托财产资产后经济损失将如何承担的方式进行分配。就本款而言，CT资产的税务账面价值应等于CT资产转让给债权人信托之日的公平市场价值，并依照《国内税收法典》、适用《财政部条例》以及其他适用行政和司法机关及公告所规定的税务会计原则进行调整。\n\n(g) 除非美国国税局或有管辖权的法院作出相反的最终指引，债权人信托受托人(i) 可及时选择将任何分配给争议债权的CT资产视为受Treas. Reg. § 1.468B-9管辖的“争议所有权基金”，且(ii) 在适用法律允许的范围内，应为州和地方所得税目的作出一致申报。如作出“争议所有权基金”选择，所有各方（包括债权人信托受托人及债权人信托受益人）均应就美国联邦、州及地方所得税目的按照前述规定一致申报。\n\n(h) 债权人信托应负责从债权人信托财产资产中支付对债权人信托（包括任何争议债权准备金）或债权人信托财产资产征收的任何税款。更具体而言，对任何争议债权准备金或其资产征收的任何税款，将从争议债权准备金的资产中支付（包括分配给争议债权的任何债权人信托财产资产），并从因该等债权获准或不获准而作出的任何后续分配中抵扣。\n\n(i) 债权人信托应受《债权人信托协议》管辖，并由债权人信托受托人管理。债权人信托受托人的权力、权利和职责应在《债权人信托协议》中规定。\n\n3. 债权人信托财产资产的归属。于生效日，债权人信托将自动取得债务人及各财产就所有债权人信托财产资产所分别享有的一切权利、所有权及权益，且不受任何债权、留置权、负担、费用及其他权益的影响。在完成向债权人信托转让债权人信托财产资产后，除非计划或确认裁定另有规定，债务人和重整后债务人将不再对债权人信托财产资产或债权人信托享有任何权益或与其有关的任何权益，但重整后债务人的剩余权益除外。同样，在完成该等转让后，并在计划或确认裁定可能规定的例外情形限制下，债权人信托对债务人或各财产的任何财产均不享有任何权利、所有权或权益，但债权人信托财产资产除外。债权人信托应依照计划及债权人信托协议的规定持有并分配债权人信托财产资产。\n\n4. 付款代理人。于生效日，债权人信托将取得不受任何债权、留置权、负担、费用及其他权益影响的 UC Cash。债权人信托受托人应就无担保贸易债权持有人及有权根据 Art. III.B.3(b)(i) 获得处理的债权担任付款代理人。\n\n5. 债权人信托的目的。债权人信托应为清算和分配其资产而设立，并依照 Treasury Regulation section 301.7701-4(d) 及作为联邦所得税目的下的“授予人信托”，根据 sections 671 through 679 of the Internal Revenue Code，且不以继续或从事贸易或商业经营为目的。\n\n6. 权限。债权人信托受托人应代表债务人及各财产，并且无需破产法院批准（在每种情况下，除非计划或债权人信托协议另有规定），拥有执行和实施计划所有适用规定的权限及权利，包括：\n\n(a) 评估、提出、诉讼、和解或以其他方式追诉任何已转让诉因；\n\n(b) 审查、核对、妥协、和解、请求将与已转让诉因有关的债权劣后，或对该等债权提出异议，无论该等债权已申报或列载（且无论其是否被列载为无争议、非或有或已确定金额），并依照计划解决该等已转让债权异议，不受破产法典或破产规则任何限制；\n\n(c) 计算并作出计划项下的中期和最终分配；\n\n(d) 根据并依照计划及债权人信托协议计算和设立争议债权准备金；\n\n(e) 留用、支付报酬并聘用专业人士及其他人士，以就债权人信托受托人的权利和职责代表债权人信托受托人；\n\n(f) 视情况设立、保存和管理文件及账户，该等文件及账户应在适当范围内依照计划予以分离；\n\n(g) 维持、保全、收取、和解、管理、投资、执行及保护 CT 资产，包括其项下、因其产生或与其有关的一切权利和救济；\n\n(h) 按债权人信托受托人认定为必要、适当或可取的条款，出售、清算、转让、让与、分配、放弃或以其他方式处分 CT 资产或其任何部分或其中权益；\n\n(i) 协商、发生并支付债权人信托的费用；\n\n(j) 编制并提交计划、任何政府单位或适用法律所要求的与债务人有关的一切税务和信息申报表、报告、陈述、申报表及其他文件或披露；\n\n(k) 汇编和维护正式债权登记册，包括为根据计划作出初始及后续分配之目的；\n\n(l) 在清偿有权根据 Arts. III.B.3(b)(i) 和 III.B.4 获得处理的债权后，向 Golden Spring（金泉）汇付任何剩余 UC Cash；\n\n(m) 请求并取得查阅债务人账簿和记录的权限（不包括可能涉及与已转让诉因无关的任何债务人特权的任何项目）；\n\n(n) 按 section 345 of the Bankruptcy Code 所允许的方式投资现金（包括其任何收益或所得款项）；但前提是，该等投资为 Treasury Regulation section 301.7701-4(d) 所反映含义内清算信托可作出的投资，或适用 IRS（美国国税局）指引、裁决或其他控制性权威所允许的投资\n\n(o) 销毁债权人信托的记录；\n\n(p) 依照适用法律结束债权人信托事务并解散债权人信托；\n\n(q) 在遵守本文件 Art. IV.F.2 和 IV.N 的前提下，关闭本第 11 章案件；\n\n(r) 遵守计划、行使债权人信托受托人的权利并履行债权人信托受托人的义务；以及\n\n(s) 行使债权人信托受托人认为实施计划所必需且适当的其他权力。\n\n7. 信托费用。债权人信托受托人可在日常业务过程中，无需向破产法院提出任何申请或取得其批准，支付债权人信托受托人及其代理人、雇员、律师、顾问和其他专业人士因管理本计划及债权人信托而发生或应付给其的任何已发生但未支付的实际且必要的费用、成本、支出及义务，包括但不限于对已提供服务的合理报酬，以及偿还债权人信托受托人及其代理人、雇员和专业人士在生效日后直至并包括破产法院作出关闭第 11 章案件的最终裁定之日所发生的实际且必要的费用。所有该等费用、成本、支出及义务均应从债权人信托财产资产中扣除并支付。\n\n8. 债权人信托权益的不可转让性。债权人信托权益不得转让，但通过遗嘱、无遗嘱继承或以其他法律实施方式转让的除外。\n\n9. 无凭证债权人信托权益。除非债权人信托协议另有规定，债权人信托中的受益权益不得以凭证形式证明。在适用证券和税法允许且不违反该等法律的可行范围内，债权人信托中的受益权益可按债权人信托协议将详细规定的条款转让。\n\n10. 债权人信托的解散。债权人信托受托人和债权人信托应视情况在以下时间解除职务或解散：(i) 债权人信托的所有资产均已清算；且 (ii) 债权人信托受托人根据计划应作出的一切分配均已作出；但无论如何，债权人信托不得晚于生效日后五 (5) 年解散，除非破产法院在第五 (5) 个周年日前六 (6) 个月期间内提出动议后（如有任何延期，则在该延期结束日前六 (6) 个月内），确定固定期限的延期（在未获得 IRS 出具的有利裁决函确认任何进一步延期不会对债权人信托作为联邦所得税目的下清算信托的地位产生不利影响的情况下，该延期与任何先前延期合计不得超过三 (3) 年）为促进或完成债权人信托资产的追回和清算所必需。\n\n11. 证券豁免。根据计划向债权人信托受益人发行的受益权益并非意图构成适用法律项下的“证券”，但债务人并未声明或保证该等权益不会构成证券，或将有权根据适用证券法获得登记豁免。如该等权益构成证券，债务人意图使 Bankruptcy Code section 1145 及适用证券法规定的登记豁免适用于根据计划对该等权益的发行。\n\n12. 控制性规定。如计划中与债权人信托有关的规定与债权人信托协议之间存在任何不一致，应以计划为准。\n\nE. 重整交易以及向重整后债务人和债权人信托提供资金\n\n1. 生效日交易\n\n于生效日，应发生下列行动和转让：\n\n(a) 所有第 5 类诉讼融资债权应视为按计划补充文件所载金额获准。\n\n(b) 重整后债务人应订立债权人信托协议。\n\n(c) Golden Spring 应向债权人信托转让足以清偿债权人信托就根据 Arts. III.B.3(b)(i) 和 III.B.4 有权获得处理的所有债权所负义务的现金金额；但前提是，债权人信托应在清偿有权获得该等处理的所有获准债权后，向 Golden Spring 返还任何剩余 UC Cash。\n\n(d) 债权人信托应从债权人信托财产资产中设立并注入行政债权及优先债权准备金，且债权人信托应拥有维持行政债权及优先债权准备金并从中作出分配的唯一权限。\n\n(e) HK USA（香港美国）应向债权人信托转让该船只。\n\n(f) 在完成上述事项后，重整后债务人有权但无义务请求关闭第 11 章案件。\n\n2. 向债权人信托提供资金\n\n于生效日，计划资金提供方应为行政债权及优先债权准备金提供资金，且债权人信托应设立并此后维持该准备金。计划资金提供方还应视情况并按适当金额为 UC Cash 提供资金。\n\n3. 行政债权及优先债权准备金\n\n于生效日，债权人信托应设立行政债权及优先债权准备金。行政债权及优先债权准备金中的资金应由债权人信托用于支付 U.S. Trustee Fees、获准行政债权、获准优先债权及获准专业报酬债权，但以该等获准债权未于生效日当日或之前获得全额支付为限。在支付所有获准行政债权、获准优先债权、获准专业报酬债权及 U.S. Trustee Fees 后，行政债权及优先债权准备金中的任何剩余金额应归还债权人信托。\n\nF. 债务人在确认日后仍为占有中债务人\n\n债务人在确认日起至生效日止期间应继续作为占有中债务人运作。\n\nG. 行政债权申报截止日的设定\n\n1. 行政债权申报截止日应为生效日后三十 (30) 日。\n\n2. 除非计划或确认裁定另有规定，在行政债权申报截止日当日或之前、适用时于下午 5:00（适用的美国东部时间）前，每一行政债权持有人（在该持有人此前尚未获得支付的范围内）必须向破产法院提交支付该行政债权的请求。\n\n3. 任何须提交支付该行政债权请求、但未在行政债权申报截止日当日或之前向破产法院提交该请求的行政债权持有人，将被永久禁止、适用禁止反言并被禁令禁止向债务人主张该行政债权，且该行政债权应视为自生效日起已解除及免除。\n\nH. 禁令或中止的期限\n\n除非另有规定，根据《破产法》第105条或第362条或以其他方式在第11章案件中规定、且于确认日存在的所有禁令或停止程序，均应在《破产法》第362(c)条规定的范围内及期限内继续完全有效。\n\nI. 实施文件及交易\n\n1. 自生效日起，因确认裁定的作出，计划所设想的所有行动均应被视为已获授权、批准，并且，就在生效日前已采取的行动而言，已获追认，而无需债权持有人、债务人或任何其他实体或个人采取进一步行动。\n\n2. 重组后债务人获授权并可签发、签署、交付、提交或登记为实现、实施及进一步证明计划条款和条件所必需或适当的合同、证券、文书、解除文件及其他协议或文件，并采取该等行动，无需取得任何批准、授权或同意，但计划明确要求的除外。重组后债务人获授权签署、交付、提交或登记其可依其合理酌情权认为为实施本第IV.I条规定所必需或适当的该等合同、文书及其他协议或文件，并采取该等其他行动。\n\n3. 尽管适用的非破产法下存在任何要求，本第IV.I条所设想的授权和批准均应有效。\n\nJ. 保留诉讼权利\n\n1. 根据《破产法》第1123(b)条，但以第IX条下文所载的解除为限，债务人可能对任何个人或实体享有的所有保留诉讼请求，应于生效日归属于重组后债务人。此后，重组后债务人应享有独占的权利、授权及酌处权，以确定并提起、提交、追诉、执行、放弃、和解、妥协、解除、撤回或诉至判决任何保留诉讼请求，无论该等请求产生于申请日之前或之后，并可拒绝进行上述任何事项，而无需任何第三方的同意或批准，亦无需向破产法院进一步通知或取得其行动、裁定或批准。任何个人均不得以计划、计划补充文件或披露声明中未具体提及任何特定保留诉讼请求为依据，主张该等缺失表明债务人或重组后债务人（视情况而定）将不会追究任何及全部可用的保留诉讼请求。债务人或重组后债务人（视情况而定）明确保留针对任何个人或实体追诉任何及全部保留诉讼请求的所有权利，但计划另有明确规定的除外；因此，于确认或生效日时、之后或因其而产生的任何保留诉讼请求，均不适用任何排除原则，包括既判力、争点禁反言、争点排除、请求权排除、禁反言（司法上、衡平法上或其他）或迟延抗辩原则。\n\n2. 根据《破产法》第1123(b)条，但以第IX条下文所载的解除为限，债务人可能对任何个人或实体享有的所有已转让诉讼请求，应于生效日归属于债权人信托。此后，债权人信托应享有独占的权利、授权及酌处权，以确定并提起、提交、追诉、执行、放弃、和解、妥协、解除、撤回或诉至判决任何已转让诉讼请求，无论该等请求产生于申请日之前或之后，并可拒绝进行上述任何事项，而无需任何第三方的同意或批准，亦无需向破产法院进一步通知或取得其行动、裁定或批准。任何个人均不得以计划、计划补充文件或披露声明中未具体提及任何特定已转让诉讼请求为依据，主张该等缺失表明债务人或债权人信托（视情况而定）将不会追究任何及全部可用的已转让诉讼请求。债务人或重组后债务人（视情况而定）明确为债权人信托之利益保留所有权利，并不可撤销地将该等权利转让给债权人信托，以针对任何个人或实体追诉任何及全部已转让诉讼请求，但计划另有明确规定的除外；因此，于确认或生效日时、之后或因其而产生的任何已转让诉讼请求，均不适用任何排除原则，包括既判力、争点禁反言、争点排除、请求权排除、禁反言（司法上、衡平法上或其他）或迟延抗辩原则。\n\n3. 尽管第IV.J.1条载有任何规定，在以下两者中较早发生者之前：(a) 第3类无担保诉讼债权依照本计划条款获得全额清偿；及(b) 计划出资人行使保留选择权，债务人应：(1) 以商业上合理的努力善意追诉已转让诉讼请求，直至其获得解决，并就任何拟议的已转让诉讼请求和解向第3类无担保诉讼债权持有人发出不少于五（5）个日历日的通知；以及(2) 如债权人信托在该五（5）个日历日通知期内不同意债务人就任何保留诉讼请求提出的拟议和解，则该保留诉讼请求的和解应受《破产程序规则》第9019条规定的破产法院批准。\n\nK. 最终证明及案件结案\n\n1. 生效日后，在第11章案件仍未结案的范围内，债权人信托应负责依28 U.S.C. § 1930(a)(6)就生效日后期间应缴的法定费用，并应支付或促使支付在作出最终法令、将破产案件转换或驳回的命令作出前应缴的所有费用。根据本文件第IV.E.1条，在完成其中所定义的生效日交易后的任何时候，经另一方同意，重组后债务人或债权人信托均有权请求法院结案第11章案件。\n\n2. 在遵守上述段落的前提下，如债权人信托不同意由重组后债务人结案第11章案件，则债权人信托在重组后债务人同意的情况下（该同意不得被无理拒绝），于第11章案件得到完全管理后，应提交最终证明，并依照《破产法》及《破产程序规则》请求破产法院授权结案第11章案件。\n\n3. 债权人信托及重组后债务人各自在与另一方协商后，均有资格请求重新开启第11章案件。\n\n第V条\n管辖分配的规定\n\nA. 初始分配日\n\n于初始分配日或其后在合理可行的最早时间，债权人受托人应作出或为根据计划须作出的分配预留充足准备金。\n\nB. 有争议债权的处理\n\n1. 除计划、最终裁定另有规定或相关当事人另有约定外，生效日后成为获准债权的有争议债权，其计划项下的分配应于该有争议债权成为获准债权后至少三十（30）日的首个分配日作出；但前提是，(a) 就债务人在第11章案件期间于正常营业过程中产生，或债务人在生效日当日或之前承担的负债而言，生效日后成为获准债权的有争议行政债权，应由重组后债务人依照任何控制性协议、交易惯例、营业惯例或行业惯例的条款和条件，于正常营业过程中支付或履行；以及(b) 生效日后成为获准优先税务债权的有争议优先税务债权，应在该有争议债权成为获准债权后至少三十（30）日的首个分配日，作为获准优先税务债权处理。\n\n2. 尽管计划中有任何其他规定，且除非相关当事人另有约定，在与该有争议债权有关的所有争议均通过和解或最终裁定解决之前，不得就该有争议债权作出部分付款或部分分配。如存在需要裁决和解决的有争议债权，债权人受托人应为该等债权的潜在付款设立适当准备金。\n\n3. 有争议债权准备金。自生效日起及之后，债权人信托可设立并维持有争议债权准备金。\n\nC. 后续分配\n\n1. 根据本第V.C条，于后续分配日支付的任何分配的未付金额，不应计息或支付利息。\n\n2. 如任何获准债权持有人已于初始分配日或任何后续分配日就该债权获得分配，且因任何原因有权就该债权获得额外分配，包括因该债权的按比例份额增加或额外资产成为债权人信托财产资产的一部分，债权人受托人可依其酌处权，于任何后续分配日向该持有人作出该等额外分配。\n\nD. 分配记录日\n\n除非法院最终裁定另有规定，根据《破产程序规则》第3001条于记录日当日或之前转让的债权的受让人，应被视为在所有目的上该等债权的持有人，尽管《破产程序规则》第3001条规定的对该转让提出异议的任何期限可能截至记录日尚未届满。债权人受托人无义务承认记录日后发生的任何债权转让。在就任何债权作出任何分配时，债权人受托人有权仅承认并处理以下实体，以用于本文件项下所有目的：于记录日营业结束时，在就该债权提交的债权证明或债权明细表中列为该债权持有人的实体，以及债权人受托人于记录日实际知悉的其他转让或让与证据或记录。\n\nE. 分配的交付\n\n1. 一般规定；无法交付的分配\n\n在遵守《破产规则》第9010条且除非本文件另有规定的前提下，在资金可用且作出此类分配具有经济可行性的情况下，获准债权持有人应由债权人受托人或其指定人按以下地址获得分配：(a) 附表中所列各持有人的地址，除非该地址被该持有人已提交的债权证明中所列地址取代；或 (b) 如未提交债权证明，或债务人或债权人受托人已收到关于地址变更的书面通知，则为该持有人的最后已知地址。债权人受托人应代表重整后债务人根据本计划作出分配。如任何分配因无法投递而被退回，债权人受托人可自行酌定，按其认为适当的方式作出合理努力，以确定就该分配所涉债权的持有人之现行地址；但前提是，(i) 除非及直至债权人受托人已确定该持有人届时的现行地址，否则不得向任何该等持有人作出分配；届时，应向该持有人作出不附利息的分配；及 (ii) 如债权人受托人无法确定该持有人届时的现行地址，则该分配应自首次因无法投递而被退回之日起视为无人认领，并按下文第V.E.3条所述方式处理。债权人受托人有权酌情决定以尽可能高效且具成本效益的方式作出分配；但其酌处权不得以与本计划任何明示要求不一致的方式行使。\n\n2. 最低分配额\n\n如根据本计划作出的任何中期分配少于 $500.00，重整后债务人或债权人受托人（视情况而定）可暂不作出该分配，直至向该持有人作出最终分配。如根据本计划作出的任何最终分配为 $100.00 或以下，则除非以书面形式向债权人信托提出请求，否则不会向该持有人作出该分配。\n\n3. 无人认领财产\n\n除因作为争议债权的准备金而未予分配的财产外，自相关分配之日起九十（90）日届满时仍未被认领的分配，应被视为《破产法典》第347(b)条项下的无人认领财产，并应归属或重新归属于债权人信托。与该等分配有关的债权应自动注销。在该三个月期限届满后，任何实体对该等分配提出的请求权均应被免除并永久禁止。本计划中的任何内容均不要求债权人信托尝试寻找任何获准债权持有人。根据本款归属或重新归属于债权人信托的所有资金或其他财产，应：(a) 按照本计划规定的方式和范围，用于支付债权人信托的费用和支出；及 (b) 此后按本文件另有规定的方式分配给获准债权持有人。如在作出所有具有经济可行性的分配后，仍有任何债权人信托财产剩余，则该等剩余财产可被放弃；如该等分配具有经济可行性，则可变现为现金并分配给债权人信托选择的已注册 501(c)(3) 组织；或以其他方式处置。无人认领财产及债权人信托财产的任何剩余部分均不得归入任何联邦、州或地方政府或其他实体。\n\nF. 本计划项下现金支付的方式\n\n根据本计划作出的现金支付，应由债权人信托自行选择，以债权人信托选定的境内银行开具的支票支付，或通过境内银行电汇支付，且均以美元支付。\n\nG. 支票现金支付的时效限制\n\n债权人信托就获准债权开具的支票，如未在其签发日期后九十（90）日内办理兑现，应属无效。根据本第V.H条失效的任何支票，其重新签发请求应由最初获发该支票的获准债权持有人直接向债权人信托提出。就该等失效支票提出的任何债权，须在生效日期起六（6）个月或该支票签发日期后九十（90）日两者中较晚的日期当日或之前以书面形式提出。在该日期后，就失效支票提出的所有债权均应被免除并永久禁止，且该等支票的款项应根据《破产法典》第347(b)条作为无人认领财产重新归属于债权人信托并成为其财产，并按第V.E.3条规定予以分配。\n\nH. 遵守税务要求\n\n1. 就根据本计划作出分配而言，在适用的范围内，债权人信托应遵守任何政府单位对其施加的所有税款预扣及申报要求，且根据本计划作出的所有分配均应受该等预扣及申报要求的约束。\n\n2. 债权人信托可要求任何持有人提供遵守任何政府单位的预扣要求所必需的信息，包括但不限于 Form W-8BEN、Form W-8BEN-E 或 Form W-9，或该持有人的税务识别号码；但该等要求必须以书面形式提出，且仅可在该等信息及文件未载于债务人的账簿和记录中，或在不存在该等要求的情况下无法以其他方式取得时提出。\n\n3. 债权人信托可将向任何持有人作出的任何分配，以收到根据上文第(2)款适当要求的信息和文件为条件。如该持有人未在该请求提出后六十（60）日内提供所需的信息和文件，则该持有人的分配应根据第V.E.3条作为无人认领财产处理。\n\nI. 债权的申请日后利息\n\n除本计划或确认命令中明确规定外，债权不应计息，且任何债权持有人均无权获得任何债权自申请日当日或之后产生的利息。除本文件或法院的终局命令明确规定外，任何申请日前债权如系申请日后利息或其他类似费用，则在该等范围内不得获准。\n\nJ. 不得作出超过获准债权金额的分配\n\n尽管本计划中有任何相反规定，任何获准债权持有人就该债权获得的任何分配，均不得超过该债权的获准金额。\n\nK. 抵销和追偿\n\n债权人信托可但无义务，就任何债权及根据本计划就该债权作出的分配，以属于债权人信托财产的任何性质的请求权或抗辩予以抵销或追偿。债务人、重整后债务人或债权人信托未能就任何债权行使任何抵销或追偿权，或任何债权在本计划项下获准，均不构成债务人、各财产或重整后债务人放弃或免除其任何一方可能对任何债权持有人享有的任何抵销或追偿权。获准债权持有人保留其根据《破产法典》第553条本可主张的任何抵销权。\n\n第VI条\n争议债权\n\nA. 在债权获准前不作分配\n\n尽管本计划有任何其他规定，除非及直至该债权获准，否则债权人信托不得就任何争议债权分配任何现金或其他财产。\n\nB. 债权异议截止日期\n\n就所有债权而言，债权异议截止日期应为生效日期后180日；但对债权持有人提起撤销诉讼的最后日期应为《破产法典》第546(a)条规定的日期，而主张任何其他保留诉因或受让诉因的最后日期，应为适用的非破产法规定的相关适用诉讼时效的最后一日，该期限可由《破产法典》第108条或《破产法典》任何其他条款或其他适用法律延长；但进一步规定，任何实体或个人（包括债务人、重整后债务人、债权人信托或任何债权持有人）均不得对根据本计划被视为获准的任何债权提出异议，且任何该等异议均应视为无效。尽管有上述任何规定，重整后债务人或债权人信托（就受让债权异议而言）可向破产法院请求一次或多次延长债权异议期限；在陈述理由后，该救济应予宽予批准，延长后的日期应成为适用于重整后债务人或债权人信托的新的债权异议截止日期。\n\nC. 争议债权的解决\n\n1. 重整后债务人或债权人信托（就受让债权异议而言）应拥有专属权利，以任何经破产法院批准的方式提出、提交、进行、和解、妥协、撤回或解决对债权的异议，包括优先债权、行政债权和专业人员报酬债权。如债务人或委员会提交的任何异议在生效日期时仍未决，则重整后债务人或债权人信托（就受让债权异议而言）应被视为分别替代债务人或委员会，成为提出异议的一方。\n\n2. 所有异议均应诉讼至终局命令；但重整后债务人或债权人信托（就受让债权异议而言）可在破产法院作出命令的前提下，就任何债权异议达成妥协和和解。\n\n3. 如重整后债务人或债权人信托（就受让债权异议而言）合理认为不存在对该持有人债权提出异议的依据，且就非受让债权异议而言，债权人信托同意重整后债务人的评估，则可在债权异议截止日期届满前向债权持有人作出分配。尽管有上述规定，本计划中的任何内容均不得解释为构成对以下事项的放弃或免除：(i) 任何利益相关方可能拥有的、对 (a) 截至生效日期的任何债权，或 (b) 生效日期后的任何专业人员报酬债权提出异议的任何权利；或 (ii) 截至生效日期仍未决的任何债权异议，无论该异议由债务人还是任何其他利益相关方提出。\n\nD. 债权估算\n\n在任何时候，重整后债务人（就与受让诉因有关的债权除外）或债权人信托（就与受让诉因有关的债权而言）均可在《破产法典》第502(c)条允许的范围内，请求破产法院估算债权人信托将就其作出分配的任何债权。\n\nE. 债权不予认可\n\n对于可依据 Bankruptcy Code Section 542、543、550 或 553 向其追索财产，或作为可依据 Bankruptcy Code Section 522(f)、522(h)、544、545、547、548、549 或 724(a) 撤销之转让的受让人的实体所持有的任何债权，如该诉因属于保留诉因或受让诉因，应依据 Bankruptcy Code Section 502(d) 视为不获准许；该等债权的持有人不得就该等债权获得任何分配，直至针对该实体的该等诉因已获和解，或破产法院已就此作出命令，且该实体应向债务人支付的全部款项（如有）均已移交或支付给债务人为止。\n\nF. 无需异议即可调整债权\n\n任何已获支付或清偿、经修订或被取代的债权，均可由送达代理人依重整后债务人的指示（就与受让诉因相关的债权除外）或债权人信托（就与受让诉因相关的债权而言）的指示，在债权登记册上标注为已清偿、调整或注销，而无需提出债权异议，亦无需进一步通知破产法院，或由破产法院采取行动、作出命令或批准。\n\nG. 债权修订\n\n确认日后，未经破产法院授权，不得提出或修订债权；即使获得破产法院的该等授权，该债权持有人也仅可修订该债权的金额、数额或优先顺位以予减少，而不得增加，除非破产法院另有规定。\n\n除非本文件另有规定或另有约定，任何及所有在适用截止日期后提交债权证明的持有人，均不得依据 Bankruptcy Rule 3003(c)(2) 及一般截止日期命令，为表决和分配之目的被视为债权人，除非该等逾期债权已于确认听证会当日或之前被终局命令视为及时提交。\n\n第七条\n待履行合同和未到期租赁的处理\n\nA. 拒绝待履行合同和未到期租赁\n\n1. 于生效日，除非本文件另有规定，任何此前未被拒绝、承继或承继并转让的待履行合同或未到期租赁，均应依据 Bankruptcy Code Sections 365 和 1123 自动视为被拒绝，但下列待履行合同或未到期租赁除外：(a) 在计划或计划补充文件中被明确说明将就计划确认予以承继；(b) 截至确认日，尚有待决的承继或承继并转让动议；(c) 已被承继或承继并转让给第三方；(d) 属于为实施计划而订立的合同、文书、解除文件、契约或其他协议或文件。破产法院作出确认命令，即构成依据 Bankruptcy Code Sections 365(a) 和 1123 对该等承继、转让和拒绝的批准。\n\n2. 尽管计划中有任何相反规定，如就某合同是否为待履行合同或某租赁是否为未到期租赁发生争议，则债务人或重整后债务人（视具体情况而定）提出动议承继或拒绝该合同或租赁的权利，应延长至破产法院作出认定该合同为待履行合同或该租赁为未到期租赁的终局命令后第三十（30）日。\n\n3. 根据计划将予承继或承继并转让的每份待履行合同和未到期租赁项下的任何金钱违约，应依据 Bankruptcy Code Section 365(b)(1)，于生效日以现金支付补救费用予以清偿，但受下一段所述限制，或依该待履行合同或未到期租赁的当事人可能另行约定的其他条款清偿。债务人应连同计划补充文件，就此前尚未向法院提交并向受影响的相对方送达的部分，规定提交并向适用的合同和租赁相对方（及该等实体的律师，如已知）送达拟议承继和拟议补救费用的通知（如债务人拟根据计划承继并转让未到期租赁，债务人将指明受让人（如有），并在 Bankruptcy Code Section 365 所指意义上提供该受让人未来履行的充分保证），连同就此提出异议及由法院解决争议的程序。合同或租赁相对方就拟议补救费用提出的任何异议，必须在拟议承继和补救费用通知所规定的异议截止日期前提交、送达并由债务人实际收到；该截止日期不得早于适用的拟议承继和拟议补救费用通知提交及送达之日起十四（14）日。合同或租赁相对方就拟议承继、承继并转让或充分保证（拟议补救费用除外）提出的任何异议，必须在计划异议截止日期前提交、送达并由债务人实际收到。任何待履行合同或未到期租赁的相对方如未及时就拟议承继或补救费用提出异议，应视为已同意该等承继或补救费用。对拟议承继、承继并转让或补救费用提出的任何异议，将安排由法院在重整后债务人于该等异议及时提交后首次排定的综合听证会上审理。如就下列事项发生争议：(1) 任何补救费用的金额；(2) 重整后债务人或任何受让人根据将予承继或承继并转让的待履行合同或未到期租赁，是否有能力在适用情况下于 Bankruptcy Code Section 365(b) 所指意义上提供“未来履行的充分保证”；及/或 (3) 与承继及/或转让有关的任何其他事项，则该等补救费用应于作出解决该争议并批准承继及转让该等待履行合同或未到期租赁的终局命令后支付，或按债务人或重整后债务人与该待履行合同或未到期租赁的相对方可能约定的方式支付；但债务人可就任何补救费用金额的争议达成和解，而无需进一步通知任何一方，亦无需法院采取行动、作出命令或批准；但进一步规定，尽管本文件有任何相反规定，债务人保留于作出终局命令后二十五（25）日内拒绝任何待履行合同或未到期租赁，或使对其的承继失效的权利；该终局命令系解决对承继或承继并转让的异议、确定曾受争议的待履行合同或未到期租赁项下的补救费用，或解决为承继该待履行合同或未到期租赁所需的未来履行充分保证请求，且所确定的金额高于债务人所请求的金额。\n\n4. 在遵守前述各段条款的前提下，根据计划或以其他方式承继或承继并转让任何待履行合同或未到期租赁，以及支付补救费用，应导致对在承继或承继并转让生效日前任何时间根据任何已承继的待履行合同或未到期租赁产生的任何债权或违约（无论为金钱性或非金钱性），包括限制控制权或所有权权益构成变更的条款的违约或其他与破产有关的违约，予以完全解除和清偿。就已被承继或承继并转让且补救费用已支付的待履行合同或未到期租赁所提交的任何债权证明，均应视为不获准许并予注销，而无需进一步通知法院，或由法院采取行动、作出命令或批准。尽管有前述规定，债务人和重整后债务人仍将依任何已承继的待履行合同和未到期租赁的条款，继续履行其项下所有破产申请后及生效日后的义务，不论该等义务是否被列为补救费用，亦不论该等义务是在生效日前或生效日后产生；支付补救费用或作出确认命令，均不得视为解除债务人或重整后债务人履行该等义务的责任。尽管有前述规定，承继任何待履行合同或未到期租赁及/或支付任何补救费用，不构成解除债务人或重整后债务人对任何一方所持有的任何债权，但就该已承继的待履行合同或未到期租赁的违反或违约所持有的债权除外。\n\nB. 基于拒绝待履行合同或未到期租赁的债权\n\n因拒绝待履行合同和未到期租赁而产生的债权，必须根据一般截止日期命令及其中界定的拒绝截止日期的条款提出。因拒绝待履行合同或未到期租赁而产生的任何债权，如未在一般截止日期命令规定的该期限内及时提交债权证明，则除非破产法院另有命令或本文件另有规定，该等债权将永久不得向债务人、破产财产、其继受人和受让人以及其资产和财产主张。所有该等债权自生效日起，均受第九条D项规定的永久禁令约束。除非破产法院另有命令，所有按本文件规定及时提交的该等债权，均应根据计划作为一般无担保债权处理，并受计划第三条规定的约束。\n\nC. 债务人的保险单\n\n计划或确认命令中的任何规定，均不改变债务人（及其破产财产）与债务人的保险人（及第三方索赔管理人）（如有）在债务人的保险单（如有）项下的权利和义务，亦不修改其项下提供的保险范围或利益，或其条款或条件，或减损或损害债务人保险单的可执行性。在获准债权的持有人就该保险单穷尽所有救济之前，不得就依据债务人的任何保险单应付的获准债权，根据计划作出任何分配。如债务人的一个或多个保险人同意全额或部分清偿某项债权（如经有管辖权的法院裁定，并在裁定的范围内），则该等保险人作出该等同意后，该债权的适用部分可予注销，而无需提交债权异议，亦无需进一步通知破产法院，或由破产法院采取行动、作出命令或批准。\n\n第八条\n生效日的先决条件\n\nA. 生效日的先决条件\n\n以下为必须满足或获豁免的生效日先决条件：\n\n1. 确认命令应具有完全效力。\n\n2. 实施计划所必需的全部文件，包括但不限于债权人信托协议，应当：(a) 视具体情况已签署或视为已签署；及 (b) 已交付。该等文件和协议生效的所有先决条件，均应已根据其条款得到满足或获豁免。\n\n3. 尽管有前述规定，债务人保留放弃生效日任何先决条件的发生或修改任何前述先决条件的权利。本条规定的任何先决条件的该等放弃，可在任何时间作出，无需通知，无需破产法院许可或命令，亦无需采取除着手完成计划以外的任何正式行动。要求于生效日采取的任何行动应同时进行，并应视为同时发生，且任何该等行动均不得视为在采取任何其他该等行动之前已发生。\n\nB. 生效日条件未发生的效力\n\n如生效日未发生，债务人可在通知破产法院后确定该计划在所有方面均属无效，且计划、确认裁定或披露声明中的任何内容均不得：(1) 构成对任何诉讼事由或债权的放弃或解除；(2) 构成任何一方（包括债务人）在任何方面作出的承认、确认、要约或承诺；或(3) 以其他方式在任何方面损害任何一方（包括债务人）的权利。\n\nC. 确定生效日\n\n作为生效日的日历日期，应为债务人选定的、在满足或放弃生效日全部条件之日或其后立即的一个营业日。债务人应于生效日当日或生效日后两（2）个营业日内提交并送达生效日发生通知。该通知应包括但不限于行政债权申报截止日和专业人士债权申报截止日。\n\n第IX条\n解除、禁令及相关规定\n\nA. 和解与解决\n\n根据《破产法典》第363条和《破产规则》第9019条，并考虑到根据计划作出的分配及提供的其他利益，计划的规定应构成对所有债权的善意和解。确认裁定的作出应构成破产法院对所有债权的和解或解决的批准，并构成破产法院认定该等和解或解决公平、公正、合理且符合债务人、财产及债权持有人的最佳利益。\n\nB. 解除及相关事项\n\n尽管计划中有任何相反规定，除非本文件另有规定，于生效日及自生效日起，解除方应视为已永久解除、放弃并免除各被解除方就被解除债权所承担的责任。\n\n确认裁定的作出应构成破产法院根据《破产规则》第9019条对本第IX.B条所载解除的批准，并构成其认定该等解除：(A) 符合债务人及所有债权持有人的最佳利益；(B) 公平、公正且合理；以及(C) 经适当通知并给予听证机会后获批准。\n\nC. 放弃对未知债权解除的限制\n\n第IX.B条所载解除应延及解除时当事人不知道或预计不存在的被解除债权；如知悉该等债权，可能会影响作出解除决定。债务人应视为放弃，并应在法律允许的最大范围内放弃及 relinquish 美国任何法律、其任何州或领地的任何法律，或普通法原则所赋予的、规范或限制个人解除未知债权的任何及一切规定、权利和利益。\n\n债务人还确认，就本解除的标的事项而言，其可能发现除其现知或相信为真实的事实之外或与之不同的事实；但当事人的意图是，完全、最终并永久地以有偏见方式解决及解除任何及全部被解除债权，包括任何及全部未知债权，而不论其后发现或存在额外或不同的事实。债务人明确同意，任何可能基于未知事实或其后发现的事实而提出的欺诈诱导或类似债权，均包括在未知债权的定义之内。\n\nD. 免责\n\n尽管计划中有任何相反规定，自生效日起，就在申请日与生效日之间因与第11章案件、披露声明、计划或实施计划的任何文件的谈判及提交、第11章案件的提交、债权的和解或待履行合同及租赁的重新谈判、寻求计划确认、完成计划，或管理计划或根据计划拟分配的财产有关、相关或由其产生的任何作为或不作为，免责方均不应承担或发生任何责任，但故意不当行为、重大过失、欺诈或犯罪行为所致的作为或不作为，或其在计划项下或与计划所设想交易有关的任何义务除外；并且，在所有方面，其均有权就其在计划项下的职责和责任合理依赖律师的意见。\n\nE. 禁令\n\n根据本计划第IX条作出的清偿、解除和免除，亦应构成对受该等规定约束的任何人士的禁令，禁止其在《破产法典》授权或规定的最大范围内，就根据计划或确认裁定已获清偿、解除或免除的任何债权或诉讼事由提起或继续任何诉讼、采用程序，或实施任何追收、抵销或追偿行为，包括但不限于该法典第524条和第1141条规定或授权的范围。\n\nF. 留置权的解除\n\n除非计划或确认裁定另有规定，于生效日，在该等权利存在的范围内，对财产财产的所有抵押、信托契据、留置权、质押或其他担保权益均应被完全解除和免除，任何该等抵押、信托契据、留置权、质押或其他担保权益持有人享有的所有权利、所有权及权益均应归还债务人及重组后债务人。\n\nG. 保留诉讼权利\n\n1. 诉讼事由的归属\n\n(a) 除非计划或确认裁定另有规定，根据《破产法典》第1123(b)(3)条，债务人可能对任何实体持有的任何保留诉讼事由，应于生效日归属于重组后债务人；重组后债务人应拥有在任何法院或其他裁判机构提起及追诉任何保留诉讼事由的专属权利，无需破产法院作出进一步命令，包括但不限于在一个或多个第11章案件中提起的对抗程序。\n\n(b) 此后，保留诉讼事由应继续作为重组后债务人的专有财产，其所得的任何收益应为重组后债务人的财产。\n\n(c) 除非计划或确认裁定另有规定，根据《破产法典》第1123(b)(3)条，债务人可能对任何实体持有的任何已转让诉讼事由，应于生效日归属于债权人信托；债权人信托应拥有提起及/或追诉任何已转让诉讼事由的专属权利，无需破产法院作出进一步命令。\n\n2. 保留所有未明确和解或解除的保留诉讼事由\n\n(a) 对于任何保留诉讼事由，重组后债务人明确保留对债务人为被告或利害关系人的任何诉讼中所主张的、针对任何实体的任何债权进行追诉或承继的权利，包括但不限于该等诉讼中的原告或共同被告。\n\n(b) 在遵守紧接前款的前提下，(i) 债务人已对其承担义务的任何实体（无论因服务、商品买卖或其他原因），(ii) 已从债务人获得服务或接受债务人金钱或财产转移的任何实体，(iii) 曾与债务人进行交易、向债务人出租财产的任何实体，或(iv) 向债务人提供建议的任何专业人士，在每种情况下均应假定，任何该等作为、不作为、义务、转移或交易均可能在生效日后由重组后债务人审查，并可能成为生效日后诉讼的标的，而不论：(A) 该等实体是否已在第11章案件中对债务人提交债权证明；(B) 债务人或重组后债务人是否已对该等实体的任何债权证明提出异议；(C) 该等实体的任何债权是否已列入清单；(D) 债务人或重组后债务人是否已对该等实体列入清单的债权提出异议；或(E) 债务人或重组后债务人是否已将该等实体列入清单的债权确定为有争议、或有或未确定金额。\n\n第X条\n保留管辖权\n\n尽管确认裁定已作出且生效日已发生，破产法院应在生效日后，在法律允许的范围内，就与第11章案件、债务人、重组后债务人、债权人信托及计划有关的所有事项，继续保留对第11章案件及所有实体的管辖权，包括但不限于有权：\n\n1. 准许、不准许、确定、清算、分类、估算或确定任何债权的优先顺位或有担保或无担保地位，包括解决任何行政债权付款请求，以及解决对债权准许或优先顺位提出的任何及所有异议；\n\n2. 就截至生效日或之前结束的期间，准许或驳回根据《破产法典》或计划授权的报酬准许或费用偿还申请；\n\n3. 解决与债务人作为一方或债务人可能就其承担责任的任何待履行合同或未到期租赁的承继、转让或拒绝有关的任何事项，并审理、裁定及在必要时清算由此产生的任何债权，包括根据第XI.B条于生效日后对计划进行任何修订的相关事项；\n\n4. 确保按照计划规定向获准债权持有人作出分配；\n\n5. 执行债权人信托协议的条款及其项下任何权利和救济；\n\n6. 裁定或解决于生效日尚待处理的、或由重组后债务人于生效日后提起的任何涉及债务人的动议、对抗程序、有争议或诉讼事项及任何其他事项，并准许或驳回任何申请，包括但不限于任何保留诉讼事由；但重组后债务人及债权人信托应保留在所有适当司法管辖区提起诉讼的权利；\n\n7. 作出实施或完成计划条款以及与计划、计划补充文件或披露声明相关而订立的所有其他合同、文书、解除、契约及其他协议或文件所必需或适当的命令；\n\n8. 解决可能因生效日、计划的解释或执行，或任何实体因计划而产生的义务所引起的任何案件、争议、诉讼或纠纷；\n\n9. 发布并执行禁令，作出并实施其他命令，或采取为限制任何实体对生效日或计划执行的干扰所必需或适当的其他行动，但计划另有规定的除外；\n\n10. 执行本文件第IX.B条；\n\n11. 执行本文件第IX.D条规定的禁令；\n\n12. 解决有关第IX条所载免责、禁令及其他条款的任何案件、争议、诉讼或纠纷，并作出为实施或执行所有该等免责、禁令及其他条款所必需或适当的命令；\n\n13. 如确认命令被修改、暂缓执行、撤销、废止或宣告无效，作出并实施必要或适当的命令；\n\n14. 解决可能因计划、披露声明、确认命令，或因与计划或披露声明有关而采纳的任何合同、文书、免责文件、契约或其他协议或文件所引起或与之有关的任何其他事项；\n\n15. 根据《破产法》第346、505及1146条，审理并裁定有关州、地方及联邦税收的事项；以及\n\n16. 作出 Fed. R. Bankr. P. 3022 所设想的结束第11章案件的命令和/或判令。\n\n第XI条\n其他规定\n\nA. 计划的修改\n\n在遵守计划所载限制的前提下：(1) 债务人保留在确认命令作出前依照《破产法》和《破产规则》修订或修改计划的权利，包括为满足《破产法》第1129(b)条而作出的修订或修改；以及 (2) 在确认命令作出后，债务人或重组后债务人（视情况而定）可在与债权人信托协商和/或应其要求的情况下，依照《破产法》第1127(b)条修改计划，或以为实现计划目的和意图所必需的方式补救计划中的任何缺陷或遗漏，或调和计划中的任何不一致之处。\n\nB. 计划的撤销\n\n债务人保留在确认命令作出前撤销或撤回计划并提交后续第11章计划的权利。如债务人撤销或撤回计划，或确认命令未获作出或生效日未发生，则：(1) 计划在所有方面均应无效；(2) 计划所体现的任何和解或妥协、计划所实施的对待履行合同或租赁的拒绝，以及根据本文件签署的任何文件或协议，均应被视为无效；以及 (3) 计划所载任何内容均不得：(a) 构成债务人或任何其他实体对任何债权的放弃或免责，或构成针对债务人或任何其他实体的任何债权的放弃或免责；(b) 以任何方式损害债务人或任何其他实体的权利；或 (c) 构成债务人或任何其他实体作出的任何种类的承认。\n\nC. 法定费用的支付\n\n根据 28 U.S.C. § 1930 在生效日前到期应付的所有费用，均应由债务人在生效日支付。生效日后，债权人信托应在所有该等费用到期应付时予以支付，并应以美国受托人合理接受的格式向破产法院提交季度报告。债权人信托应持续承担向美国受托人支付季度费用的义务，直至第11章案件结案、驳回或转换为《破产法》第7章案件三者中最早发生之时。\n\nD. 继受人和受让人\n\n本文件中所列明或提及的任何实体的权利、利益和义务，对该实体的任何继承人、遗嘱执行人、遗产管理人、继受人或受让人均具有约束力，并应使其受益。\n\nE. 准据法\n\n除非联邦法律（包括《破产法》和《破产规则》）规定法律或程序规则，或另有明确说明，否则在不适用法律冲突原则的情况下，康涅狄格州法律应管辖计划、任何与计划相关而签署或订立的协议、文件、文书或合同的权利、义务、解释和实施（但该等协议另有规定的除外；在该等情况下，应以该协议的准据法为准）。\n\nF. 权利保留\n\n除本文件明确规定外，除非且直至破产法院作出确认命令，计划不具有任何效力。计划的提交、本文件所载任何陈述或条款，或债务人或任何实体就计划采取的任何行动，均不构成或不应被视为构成以下任何主体对任何权利的承认或放弃：(1) 任何债务人就债权持有人或其他利害关系方所享有的权利；或 (2) 任何债权持有人或其他利害关系方在生效日前所享有的权利。\n\nG. 第1146条豁免\n\n根据《破产法》第1146(a)条，依照本文件进行的任何财产转让在美国不应缴纳任何印花税或其他类似税费或政府征费，且确认命令应指示有关州或地方政府官员或代理人免予征收任何该等税费或政府征费，并在无需支付任何该等税费或政府征费的情况下，接受为备案和登记而提交的与该等财产转让有关的文书或其他文件。\n\nH. 完整协议\n\n于生效日，计划和计划补充文件取代关于该等事项的所有先前及同时进行的谈判、承诺、约定、协议、谅解和陈述，所有该等内容均已并入并整合至计划中。\n\nI. 附件\n\n计划补充文件所载的所有附件和文件均通过援引并入计划，并构成计划的一部分，犹如在计划中全文载明。除计划另有规定外，计划补充文件所载该等附件和文件应于计划补充文件提交日或征求日（视情况而定）当日或之前向破产法院提交。在附件和文件提交后，可通过向债务人律师以上地址提出书面请求，或通过从债务人的私人网站 http 或破产法院网站 http 下载该等附件和文件，获得该等附件和文件的副本。\n\nJ. 不可分割性\n\n如在确认前，破产法院认定计划的任何条款或规定无效、无约束力或不可执行，破产法院有权为使该条款或规定在最大可行范围内有效或可执行，并与被认定为无效、无约束力或不可执行的该条款或规定的原始目的相一致，而对其作出修改和解释；此后，该条款或规定应按经修改或解释后的内容适用。尽管有任何该等认定、修改或解释，计划其余条款和规定仍应完全有效，且不应因该等认定、修改或解释而受到任何影响、减损或宣告无效。确认命令应构成司法认定，并应规定计划的每一条款和规定（包括可能依照前述内容经修改或解释的条款和规定）：(1) 根据其条款有效且可执行；(2) 为计划不可或缺的一部分，未经债务人同意不得删除或修改；以及 (3) 不可分割且相互依存。\n\nK. 委员会的解散\n\n于生效日，委员会应被视为解散，委员会成员应解除并免除因破产案件产生或与之有关的一切进一步权限、职责、责任和义务；委员会聘用的专业人士应解除并免除与债务人和破产案件有关的一切进一步权限、职责、责任和义务。\n\nL. 第1125(e)条善意遵守\n\n债务人及其各自代表应被视为已根据《破产法》第1125(e)条以“善意”行事。\n\nM. 免责\n\n根据《破产法》第1141(d)条，于生效日发生时，确认命令应被视为已免除债务人在确认命令作出日前产生的任何债务。\n\nN. 进一步保证\n\n债务人、重组后债务人、根据本文件获得分配的所有债权持有人及所有其他利害关系方，应不时准备、签署和交付为实现计划或确认命令的条款和意图所必需或适宜的任何协议或文件，并采取任何其他行动。\n\nO. 文件送达\n\n计划要求向债务人送达或交付的任何诉状、通知或其他文件，应按如下方式以预付邮资的美国一级邮件寄送：\n\nBrown Rudnick LLP（布朗·拉德尼克律师事务所）\nSeven Times Square\nNew York, NY 10036\n收件人：Uriel Pinelo, Esq.\n\nP. 追加文件的提交\n\n于生效日当日或之前，债务人可向破产法院提交为实现并进一步证明本文件条款和条件所必需或适当的所有协议及其他文件。\n\nQ. 确认命令不予暂缓\n\n确认命令应包含对任何其他适用的执行暂缓的放弃，包括根据 Fed. R. Bankr. P. 3020(e) 和 7062 所适用的执行暂缓。\n\nR. 协助和承认\n\n债务人或重组后债务人（视情况而定）应在实现本文件条款所需时，请求任何其他国家或州的任何法院或司法、监管或行政机构提供协助和承认。\n\n* * * * *\n\n日期：[ ], 2022\nBridgeport, CT\nHO WAN KWOK（郭文贵）\n\n签署人：_/s/ DRAFT__\nHo Wan Kwok\n\nBROWN RUDNICK LLP\n\nWilliam R. Baldiga, Esq.\nBennett S. Silverberg, Esq.\nUriel Pinelo, Esq.\nSeven Times Square\nNew York, NY 10036\n电话：(212) 209-4800\n传真：(212) 209-4801\n电子邮件：wbaldiga@brownrudnick.com\nbsilverberg@brownrudnick.com\nupinelo@brownrudnick.com\n\nBROWN RUDNICK LLP\n\nDylan Kletter, Esq.\n185 Asylum Street\nHartford, CT 06103\n电话：(860) 509-6500\n传真：(860) 509-6653\n电子邮件：dkletter@brownrudnick.com\n\n债务人代理律师\n\n64664824 v5-000002/4475","key_entities":["Je","Kwok","Ho Wan Kwok","CIPA"],"ecf_references":[],"word_count":22746,"status":"published","published_at":"2022-04-10 00:00:00","created_at":"2022-04-10","updated_at":"2026-08-23 22:08:23"}