{"id":"court_ctb_2551_1","court":"CTB","case_no":"22-50073","doc_number":2551,"sub_number":1,"doc_type":"ORDER","filed_date":"2024-02-05","title":"EXHIBIT 1 TRANSCRIPT OF","summary_zh":null,"summary_en":null,"body_en":"## **EXHIBIT 1**\n\n## TRANSCRIPT OF\n\n| #1453 | MOTION FOR ORDER TO SHOW CAUSE WHY DEBTOR, MEI GUO  |\n|-------|-----------------------------------------------------|\n|       | and HK(USA) SHOULD NOT BE HELD IN CONTEMPT OF       |\n|       | COURT FOR FAITURE TO COMPLY MITH ORDER COMBETITING  |\n|       | COMPLIANCE WITH RULE 2004 SUBPOENAS AND             |\n|       | SANCTIONS FOR SUCH CONTEMPT                         |\n| #1649 | MOTION FOR A LIMITED STAY OF ORDER GRANTING IN PART |\n|       | MOTION TO COMPEL COMPLIANCE WITH RULE 2004 SUBPOENA |\n\n- # 227 MOTION TO STAY PENDING APPEAL\n- # STATUS CONFERENCE\n\n2\n\nCase 22-50073 Doc 2551-1 Filed 02/05/24 Entered 02/05/24 10:27:26 Page 5 of 7\n\n|     | Ho Wan Kwok - June 13, 2023<br>35                            |\n|-----|--------------------------------------------------------------|\n| 1   | THE COURT:  How is that relevant to your stay                |\n| 2   | pending appeal? The questions were all about what's the      |\n| 3   | harm.  He told you what his harm is.                         |\n| 4   | You may disagree with his harm.  But that -- how             |\n| 5   | is it relevant to your getting a stay pending appeal?        |\n| రు  | MR. MORIARTY:  If there's other assets that can be           |\n| 7   | used, Your Honor, then there's no harm.  His harm is I don't |\n| ರಿ  | have the ability to pay --                                   |\n| 9   | Well, you --<br>THE COURT:                                   |\n| 10  | MR. MORIARTY: -- which --                                    |\n| 11  | THE COURT:  The other assets that you're talking             |\n| 12  | about, including the Lady May, you've already -- that's on   |\n| 13  | appeal too, isn't it?                                        |\n| 1 4 | MR. MORIARTY:  It is on appeal.                              |\n| 15  | THE COURT:  Yeah.  So then your argument doesn't             |\n| 16  | really make sense, because then you're going to make the     |\n| 17  | same arqument when you come to the Lady May.                 |\n| 18  | MR. MORIARTY:  Well, Your Honor, I don't know that           |\n| 1 9 | I could make the same argument continuously, because at some |\n| 20  | point in time it becomes self-defeating.  But for now, it's  |\n| 21  | not. But I will move on.  Okay.                              |\n| 22  | BY MR. MORIARTY:                                             |\n| 23  | So, Attorney Despins, the professionals that you<br>റ്റു     |\n| 24  | haven't hired yet, those would be, for example, accountants, |\n| 25  | right?                                                       |\n|     |                                                              |\n\n|                                                              | Case 22-50073    Doc 2551-1    Filed 02/05/24    Entered 02/05/24 10:27:26<br>Page 6 of 7 |  |  |  |  |  |\n|--------------------------------------------------------------|-------------------------------------------------------------------------------------------|--|--|--|--|--|\n|                                                              | Ho Wan Kwok - June 13, 2023<br>36                                                         |  |  |  |  |  |\n| ದ                                                            | Yeah.  AlixPartners is something like that.                                               |  |  |  |  |  |\n| റ്റു                                                         | Okay.  So has any professional that you have inquired                                     |  |  |  |  |  |\n| about to engage for the estate refused an engagement because |                                                                                           |  |  |  |  |  |\n| there's no cash immediately available to pay them?           |                                                                                           |  |  |  |  |  |\n| A                                                            | Yes .                                                                                     |  |  |  |  |  |\n| റ                                                            | Who is that?<br>Okay .                                                                    |  |  |  |  |  |\n| A                                                            | AlixPartners.                                                                             |  |  |  |  |  |\n| റ                                                            | Okay.<br>Anybody else?                                                                    |  |  |  |  |  |\n| A                                                            | No. I have not had the discussion with anybody else.                                      |  |  |  |  |  |\n| റ്റ                                                          | So was Alix -- what were you -- well, withdraw that.                                      |  |  |  |  |  |\n| Is AlixPartners the only professional firm that you ve       |                                                                                           |  |  |  |  |  |\n| spoken to about engagement for asset tracing?                |                                                                                           |  |  |  |  |  |\n| A                                                            | To date, yes.                                                                             |  |  |  |  |  |\n| இ                                                            | Okay. So no other firm has -- no other firm related to                                    |  |  |  |  |  |\n|                                                              | asset tracing or accounting-type work has refused to perform                              |  |  |  |  |  |\n| services because there's no cash immediately available in    |                                                                                           |  |  |  |  |  |\n| estate?<br>the                                               |                                                                                           |  |  |  |  |  |\n| A                                                            | Well, I have not talked to any other firms, so --                                         |  |  |  |  |  |\n| Q                                                            | Okay.  And you testified that information gets stale.                                     |  |  |  |  |  |\n|                                                              | Do you recall that testimony?                                                             |  |  |  |  |  |\n| A                                                            | Correct.                                                                                  |  |  |  |  |  |\n| o                                                            | Okay. But you've only spoken to one firm about taking                                     |  |  |  |  |  |\n|                                                              | on the type of engagement where they would be tracing funds.                              |  |  |  |  |  |\n| ।                                                            | that correct?                                                                             |  |  |  |  |  |\n| A                                                            | Yes .                                                                                     |  |  |  |  |  |\n|                                                              |                                                                                           |  |  |  |  |  |\n\n| Case 22-50073 | Doc 2551-1 | Filed 02/05/24 | Entered 02/05/24 10:27:26 | Page 7 of 7 |  |  |  |\n|---------------|------------|----------------|---------------------------|-------------|--|--|--|\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |\n|               |            |                |                           |             |  |  |  |","body_zh":null,"key_entities":["Kwok","Ho Wan Kwok","Guo","Despins"],"ecf_references":[],"word_count":1108,"status":"published","published_at":"2024-02-05 00:00:00","created_at":"2024-02-05","updated_at":"2026-07-07 08:05:27"}