{"id":"court_ctb_3372_0","court":"CTB","case_no":"22-50073","doc_number":3372,"sub_number":0,"doc_type":"ORDER","filed_date":null,"title":"UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION | -------------------------------------------","summary_zh":null,"summary_en":null,"body_en":"## **UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION**\n\n| -----------------------------------------------------------<br>x |             |                         |  |  |  |  |\n|------------------------------------------------------------------|-------------|-------------------------|--|--|--|--|\n| In re:                                                           | :<br>:      | Chapter 11              |  |  |  |  |\n| HO WAN KWOK et al.,                                              | :<br>:<br>: | Case No. 22-50073 (JAM) |  |  |  |  |\n| Debtors.1                                                        | :<br>:      | Jointly Administered    |  |  |  |  |\n| -----------------------------------------------------------      | x           |                         |  |  |  |  |\n\n## **CHAPTER 11 TRUSTEE'S REPORT OF RESULTS OF SALE OF VCTR SHARES AND DISTRIBUTION OF PROCEEDS**\n\nLuc A. Despins, as chapter 11 trustee (the \"Trustee\") for Ho Wan Kwok (the \"Debtor\"), and in accordance with the *Amended Order Pursuant to Sections 105(a), 363(b), 541, and 542 of the Bankruptcy Code Approving Liquidation of VCTR Shares, Distribution Of Proceeds, and Related Relief* [ECF No. 3265] (the \"Sale Order\"), hereby discloses the results of the sale of shares of Victory Capital Holdings, Inc. (\"VCTR\") made pursuant to the Sale Order.\n\n1. On May 21, 2024, the Trustee filed his *Motion Pursuant to Sections 105(a), 363(b), 541, and 542 of the Bankruptcy Code Approving the Liquidation of the VCTR Shares and the Distribution of their Proceeds to the Trustee for the Benefit of the Estate, and for Related Relief* [ECF No. 3203] (the \"Motion\") requesting, among other things, that the Court confirm the Debtor's chapter 11 estate's (the \"Estate\") limited partnership interest (the \"L.P. Interest\") in Reverence Capital Partners Opportunities Fund I (Cayman) L.P. (\"Reverence Fund\") and authorize\n\n<span id=\"page-0-0\"></span><sup>1</sup> The Debtors in these chapter 11 cases are Ho Wan Kwok (also known as Guo Wengui, Miles Guo, and Miles Kwok, as well as numerous other aliases) (last four digits of tax identification number: 9595), Genever Holdings LLC (last four digits of tax identification number: 8202) and Genever Holdings Corporation. The mailing address for the Trustee, Genever Holdings LLC, and Genever Holdings Corporation is Paul Hastings LLP, 200 Park Avenue, New York, NY 10166 c/o Luc A. Despins, as Trustee for the Estate of Ho Wan Kwok (solely for purposes of notices and communications).\n\nthe liquidation of 55,383 shares of VCTR (the \"VCTR Shares\") held by Reverence Fund at Merrill Lynch Pierce Fenner & Smith Incorporated (\"Merrill Lynch\") in connection with the L.P. Interest.\n\n2. On June 20, 2024, the Court entered its Sale Order granting the Motion. The Sale Order requires, among other things, that \" … within five business days of receipt of the Net Proceeds, the Trustee shall file a report in the Chapter 11 Case disclosing (i) the date on which the VCTR Shares were sold, (ii) the sale price of the VCTR Shares, (iii) the amount of the Gross Proceeds, (iv) the amount of the Expenses deducted, and (v) the amount of the Net Proceeds received by the Trustee.\" (Sale Order at 4.)\n\n3. On July 31, 2024, the Trustee received, for the benefit of the Estate, a distribution from the Reverence Fund (via Merrill Lynch) in the amount of \\$2,747,783.59 (the \"VCTR Distribution\").\n\n4. \\$2,692,924.71 of the VCTR Distribution represented the Net Proceeds[2](#page-1-0) from sales conducted by Merrill Lynch of the VCTR Shares less Expenses, as follows:\n\n| TOTALS    |             | 55383  |            | 2695768.81 | -2769.15 | -74.95 | 2692924.71   |\n|-----------|-------------|--------|------------|------------|----------|--------|--------------|\n|           |             |        |            |            |          |        |              |\n| 7/11/2024 | 7/12/2024   | 9548   | 49.752556  | 475037.4   | -477.4   | -13.21 | 474546.79    |\n| 6/28/2024 | 7/1/2024    | 7222   | 49.435989  | 357026.71  | -361.1   | -9.93  | 356655.68    |\n| 6/27/2024 | 6/28/2024   | 200    | 49.3       | 9860       | -10      | -0.27  | 9849.73      |\n| 6/25/2024 | 6/26/2024   | 108    | 49.27      | 5321.16    | -5.4     | -0.15  | 5315.61      |\n| 6/24/2024 | 6/25/2024   | 10035  | 49.349436  | 495221.59  | -501.75  | -13.77 | 494706.07    |\n| 6/18/2024 | 6/20/2024   | 2681   | 48.084705  | 128915.09  | -134.05  | -3.58  | 128777.46    |\n| 6/17/2024 | 6/18/2024   | 22319  | 47.637628  | 1063224.22 | -1115.95 | -29.56 | 1062078.71   |\n| 6/13/2024 | 6/14/2024   | 3270   | 49.28521   | 161162.64  | -163.5   | -4.48  | 160994.66    |\n| Sale Date | Settle Date | Shares | Sale Price | Proceeds   | Comm.    | Fee    | Net Proceeds |\n|           |             | #      |            | Gross      |          | Trans. |              |\n|           |             |        |            |            |          |        |              |\n\n5. The Expenses deducted from the Gross Proceeds totaled \\$2,844.10, less than the \\$3,000.00 cap set by the Sale Order.\n\n<span id=\"page-1-0\"></span><sup>2</sup> Capitalized terms not expressly defined herein adopt the definitions set forth in the Sale Order.\n\n6. The remaining balance of the VCTR Distribution -- \\$54,858.88 -- constitutes cash\n\ndividends on account of the VCTR Shares likewise distributable to the Estate.\n\nDated: August 6, 2024 New Haven, Connecticut\n\n> By: */s/ James C. Graham* James C. Graham (ct06064) Patrick R. Linsey (ct29437) NEUBERT, PEPE & MONTEITH, P.C. 195 Church Street, 13th Floor New Haven, Connecticut 06510 (203) 781-2847 jgraham@npmlaw.com plinsey@npmlaw.com\n\n*Counsel for the Chapter 11 Trustee*\n\n## **UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION**\n\n| -----------------------------------------------------------<br>x |             |                         |  |  |  |\n|------------------------------------------------------------------|-------------|-------------------------|--|--|--|\n| In re:                                                           | :<br>:      | Chapter 11              |  |  |  |\n| HO WAN KWOK,<br>et al.,                                          | :<br>:<br>: | Case No. 22-50073 (JAM) |  |  |  |\n| Debtors.                                                         | :<br>:      | (Jointly Administered)  |  |  |  |\n| -----------------------------------------------------------      | x           |                         |  |  |  |\n\n## **CERTIFICATE OF SERVICE**\n\nThe undersigned hereby certifies that on August 6, 2024, the foregoing Notice was electronically filed. Notice of this filing was sent by e-mail to all parties to the above-captioned chapter 11 case by operation of the Court's electronic filing (\"CM/ECF\") system or will be sent within one business day by mail to anyone unable to accept electronic filing as indicated on the Notice of Electronic Filing. Parties may access this filing through the Court's CM/ECF system.\n\nDated: August 6, 2024 New York, New York\n\n> By: */s/ James C. Graham* James C. Graham (ct06064) Patrick R. Linsey (ct29437) NEUBERT, PEPE & MONTEITH, P.C. 195 Church Street, 13th Floor New Haven, Connecticut 06510 (203) 781-2847 jgraham@npmlaw.com plinsey@npmlaw.com","body_zh":"UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION（美国康涅狄格区联邦破产法院布里奇波特分院）\n\nx\n\n关于：　:\n:　第 11 章\nHO WAN KWOK（郭文贵）等，　:\n:\n:　案号 22-50073 (JAM)\n债务人。1　:\n:　合并审理\n-----------------------------------------------------------　x\n第 11 章受托人关于出售 VCTR 股份结果及收益分配的报告\n\nLuc A. Despins 作为 Ho Wan Kwok（债务人）的第 11 章受托人（下称“受托人”），根据《根据破产法典第 105(a)、363(b)、541 和 542 条批准清算 VCTR 股份、收益分配及相关救济的经修订裁定》[ECF No. 3265]（下称“出售裁定”），特此披露根据出售裁定出售 Victory Capital Holdings, Inc.（“VCTR”）股份的结果。\n\n1. 2024年5月21日，受托人提交了其《根据破产法典第 105(a)、363(b)、541 和 542 条批准清算 VCTR 股份并将其收益分配给受托人以使破产财团受益以及寻求相关救济的动议》[ECF No. 3203]（下称“动议”），请求法院（除其他事项外）确认债务人的第 11 章破产财团（下称“破产财团”）在 Reverence Capital Partners Opportunities Fund I (Cayman) L.P.（“Reverence 基金”）中的有限合伙权益（下称“有限合伙权益”），并批准\n\n1 本第 11 章案件中的债务人为 Ho Wan Kwok（又名郭文贵、Miles Guo 和 Miles Kwok，以及若干其他化名）（纳税人识别号后四位：9595）、Genever Holdings LLC（纳税人识别号后四位：8202）和 Genever Holdings Corporation。受托人、Genever Holdings LLC 和 Genever Holdings Corporation 的邮寄地址为 Paul Hastings LLP（普衡律师事务所），200 Park Avenue, New York, NY 10166 转交 Ho Wan Kwok 破产财团受托人 Luc A. Despins（仅用于接收通知和通讯目的）。\n\n清算与有限合伙权益相关的、由 Reverence 基金在 Merrill Lynch Pierce Fenner & Smith Incorporated（美林证券，“Merrill Lynch”）持有的 55,383 股 VCTR 股份（下称“VCTR 股份”）。\n\n2. 2024年6月20日，法院作出了准予该动议的出售裁定。出售裁定（除其他事项外）要求“……在收到净收益后的五个工作日内，受托人应在第 11 章案件中提交一份报告，披露 (i) 出售 VCTR 股份的日期，(ii) VCTR 股份的出售价格，(iii) 总收益的金额，(iv) 扣除的费用金额，以及 (v) 受托人收到的净收益金额。”（出售裁定第 4 页。）\n\n3. 2024年7月31日，受托人为破产财团的利益，收到了来自 Reverence 基金（通过美林证券）的一笔金额为 $2,747,783.59 的分配款项（下称“VCTR 分配款”）。\n\n4. VCTR 分配款中的 $2,692,924.71 代表美林证券出售 VCTR 股份所得的净收益[2]扣除费用后的金额，具体如下：\n\n总计　55383　2695768.81　-2769.15　-74.95　2692924.71\n\n7/11/2024　7/12/2024　9548　49.752556　475037.4　-477.4　-13.21　474546.79\n6/28/2024　7/1/2024　7222　49.435989　357026.71　-361.1　-9.93　356655.68\n6/27/2024　6/28/2024　200　49.3　9860　-10　-0.27　9849.73\n6/25/2024　6/26/2024　108　49.27　5321.16　-5.4　-0.15　5315.61\n6/24/2024　6/25/2024　10035　49.349436　495221.59　-501.75　-13.77　494706.07\n6/18/2024　6/20/2024　2681　48.084705　128915.09　-134.05　-3.58　128777.46\n6/17/2024　6/18/2024　22319　47.637628　1063224.22　-1115.95　-29.56　1062078.71\n6/13/2024　6/14/2024　3270　49.28521　161162.64　-163.5　-4.48　160994.66\n出售日期　结算日期　股数　出售价格　总收益　佣金　交易费　净收益\n\n5. 从总收益中扣除的费用总计为 $2,844.10，低于出售裁定设定的 $3,000.00 上限。\n\n2 本文中未明确定义的首字母大写术语均采纳出售裁定中所述的定义。\n\n6. VCTR 分配款的剩余结余——$54,858.88——构成了归属于 VCTR 股份的现金股息，同样可分配给破产财团。\n\n日期：2024年8月6日 康涅狄格州纽黑文\n\n签署人：/s/ James C. Graham\nJames C. Graham (ct06064)\nPatrick R. Linsey (ct29437)\nNEUBERT, PEPE & MONTEITH, P.C.\n195 Church Street, 13th Floor\nNew Haven, Connecticut 06510\n(203) 781-2847\njgraham@npmlaw.com\nplinsey@npmlaw.com\n\n第 11 章受托人律师\n\nUNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION（美国康涅狄格区联邦破产法院布里奇波特分院）\n\nx\n\n关于：　:\n:　第 11 章\nHO WAN KWOK（郭文贵）\n等，　:\n:\n:　案号 22-50073 (JAM)\n债务人。　:\n:　（合并审理）\n-----------------------------------------------------------　x\n送达证书\n\n下述签字人特此证明，于 2024年8月6日，前述通知已通过电子方式提交。本提交的通知已通过法院的电子案件归档系统（“CM/ECF”）以电子邮件形式发送给上述第 11 章案件的所有当事人，或者将如电子归档通知上所示，在一个工作日内通过邮寄方式发送给任何无法接收电子归档的人士。当事人可通过法院的 CM/ECF 系统查阅本次归档文件。\n\n日期：2024年8月6日 纽约州纽约市\n\n签署人：/s/ James C. Graham\nJames C. Graham (ct06064)\nPatrick R. Linsey (ct29437)\nNEUBERT, PEPE & MONTEITH, P.C.\n195 Church Street, 13th Floor\nNew Haven, Connecticut 06510\n(203) 781-2847\njgraham@npmlaw.com\nplinsey@npmlaw.com","key_entities":["Kwok","Ho Wan Kwok","Guo","Despins","Miles Guo","Paul Hastings"],"ecf_references":[{"doc_number":3203,"court":"CTB"},{"doc_number":3265,"court":"CTB"}],"word_count":1020,"status":"published","published_at":null,"created_at":null,"updated_at":"2026-08-23 12:44:57"}