{"id":"court_ctb_406_3","court":"CTB","case_no":"22-50073","doc_number":406,"sub_number":3,"doc_type":"ORDER","filed_date":"2021-10-08","title":"Exhibit UCC-3 Genever Holding, LLC's Omnibus Second Renewed Motion (i) to Approve Second Amended and Restated Settlement","summary_zh":null,"summary_en":null,"body_en":"## Exhibit UCC-3\n\nGenever Holding, LLC's Omnibus Second Renewed Motion (i) to Approve Second Amended and Restated Settlement with Bravo Luck and PAX; and (ii) to Hire Melanie L. Cyganowski as an Employee Only to Act as The Sales Officer for the Debtor's Bankruptcy Estate in In re Genever Holdings, LLC, Case No 20-12411 (JLG), United States Bankruptcy Court for the Southern District of New York\n\n## 20-12411-jlg Doc 141 Filed 10/08/21 Entered 10/08/21 14:04:00 Main Document Pg 1 of 2 Case 22-50073 Doc 406-3 Filed 05/20/22 Entered 05/20/22 12:13:10 Page 2 of 3\n\nUNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK --------------------------------------------------------x In re: Chapter 11\n\nGenever Holdings LLC, Case No. 20-12411 (JLG)\n\nDebtor.\n\n--------------------------------------------------------x\n\n## **ORDER GRANTING DEBTOR'S SECOND RENEWED MOTION TO APPROVE THE REVISED SETTLEMENT AGREEMENT**\n\nUpon the Debtor's renewed motion (ECF No 131) (the \"**Renewed Motion**\") of Genever Holdings LLC, (the \"**Debtor**\") seeking approval of a certain settlement agreement between the Debtor, Pacific Alliance Asia Opportunity Fund L.P. (\"**PAX**\") and Bravo Luck Limited ( \"**Bravo Luck**\") (ECF No. 62); and upon the opposition to the Renewed Motion filed by the Office of the U.S. Trustee via a motion for the appointment of an Operating Chapter 11 Trustee (ECF No. 64) (the \"**UST Opposition**\"); and upon the supplemental responses filed by the Debtor, PAX and Bravo Luck relating to the UST Opposition (ECF Nos. 76, 81, 83, 95, 96, 97, 99, 104, 105 and 106); and a series of hearings having been held before the undersigned; and upon the record compiled at these hearings; and the Court having considered the UST Opposition; and upon the September 1, 2021, decision (the \"September 1, 2021 Decision\") in which the undersigned determined that the Restated Settlement meets the standards of reasonableness and is supported by the creditors and major stakeholders in the Chapter 11 case, but denied the Renewed Motion due to issues relating to certain aspects of the proposed retention of Melanie L. Cyganowski, Esq. and her firm, Otterbourg, P.C.; and, thereafter, the Settling Parties having agreed to the Second Amended and Revised Settlement Agreement between the Debtor, PAX and Bravo Luck (the \"**Revised Settlement Agreement**\") which addresses the concerns raised by the Court in its September 1, 2021 Decision as well as the objections of the U.S. Trustee, which no longer has any objections to the Revised\n\n## 20-12411-jlg Doc 141 Filed 10/08/21 Entered 10/08/21 14:04:00 Main Document Pg 2 of 2 Case 22-50073 Doc 406-3 Filed 05/20/22 Entered 05/20/22 12:13:10 Page 3 of 3\n\nSettlement Agreement and the terms of Melanie L. Cyganowski's employment as Sale Officer for the Debtor; and the Court having agreed to consider final approval of the Renewed Settlement by Notice of Presentment; and based upon the entirety of the record compiled at the various hearings; and good cause appearing therefor; it is hereby\n\nORDERED as follows:\n\n1. The Renewed Settlement Motion is granted as set forth herein.\n\n2. The Revised Settlement Agreement is approved in all respects and shall become effective immediately upon the entry of this Order.\n\n3. The Debtor's proposed employment of Melanie L. Cyganowski as Sale Officer shall be approved by separate Order to be noticed and entered simultaneously herewith.\n\n4. The UST Motion seeking the appointment of an Operating Trustee is adjourned *sine die*.\n\n5. Stay relief is granted to allow PAX to prosecute, and the Debtor to defend, the state court action currently pending in the New York Supreme Court under Docket No. 652077/2017 (the \"**State Court Action**\"), with the stay to otherwise remain in place for all other purposes, including relating to enforcement or collection of any judgment entered against the Debtor in the State Court Action, pending further order of the Bankruptcy Court upon further notice to all Parties.\n\n6. The Lift Stay Motion and Conversion Motion filed by PAX are withdrawn as mooted by the approval of the Revised Settlement Agreement.\n\nDated: New York, New York October 8, 2021\n\n/s/ *James L. Garrity, Jr.*\n\nHon. James L. Garrity, Jr.","body_zh":"证据 UCC-3\n\nGenever Holding, LLC（Genever控股有限责任公司）关于 (i) 批准与 Bravo Luck 及 PAX 达成的第二次经修订及重述的和解协议；以及 (ii) 仅聘请 Melanie L. Cyganowski（梅兰妮·L·西加诺夫斯基）作为雇员担任债务人破产财产销售官的综合第二次重新提出的动议，载于 United States Bankruptcy Court for the Southern District of New York（美国纽约南区破产法院）关于 In re Genever Holdings, LLC（关于：Genever Holdings LLC 案），案号 20-12411 (JLG)\n20-12411-jlg 案件文件 141 提交于 10/08/21 录入于 10/08/21 14:04:00 主文件第 1 页，共 2 页 案件 22-50073 文件 406-3 提交于 05/20/22 录入于 05/20/22 12:13:10 第 2 页，共 3 页\n\n美国纽约南区破产法院 --------------------------------------------------------x 关于：第 11 章\n\nGenever Holdings LLC，案号 20-12411 (JLG)\n\n债务人。\n\n准予债务人关于批准修订后和解协议的第二次重新提出的动议之裁定\n\n鉴于 Genever Holdings LLC（“债务人”）重新提出的动议（ECF No 131）（“重新提出的动议”），请求批准债务人与 Pacific Alliance Asia Opportunity Fund L.P.（“PAX”，太平洋联盟亚洲机会基金有限合伙）及 Bravo Luck Limited（“Bravo Luck”，宝利有限公司）之间达成的某项和解协议（ECF No. 62）；且鉴于 Office of the U.S. Trustee（美国破产受托人办公室）通过要求指定一名第 11 章运营受托人的动议（ECF No. 64）对该重新提出的动议提出的异议（“UST 异议”）；且鉴于债务人、PAX 及 Bravo Luck 针对 UST 异议提交的补充答复（ECF Nos. 76, 81, 83, 95, 96, 97, 99, 104, 105 和 106）；且署名法官已举行一系列听证会；且鉴于这些听证会汇编的记录；且本法院已审议 UST 异议；且鉴于 2021 年 9 月 1 日的决定（“2021 年 9 月 1 日决定”），署名法官在该决定中认定重述和解协议符合合理性标准，并获得本第 11 章案件中债权人和主要利益相关方的支持，但由于拟聘请 Melanie L. Cyganowski 律师及其所属的 Otterbourg, P.C.（奥特伯格律师事务所）的某些特定方面存在问题，从而驳回了重新提出的动议；此后，和解各方达成了债务人、PAX 与 Bravo Luck 之间的第二次经修订及修改的和解协议（“修订后和解协议”），该协议解决了本法院在其 2021 年 9 月 1 日决定中提出的关切以及 U.S. Trustee（美国破产受托人）的异议，美国破产受托人对修订后和解协议及聘请 Melanie L. Cyganowski 担任债务人销售官的条款已不再持有任何异议；且本法院已同意通过呈送通知（Notice of Presentment）审议对重新提出的和解协议的最终批准；并基于各次听证会所汇编的全部记录；且存在充分的正当理由；现特此\n\n裁定如下：\n\n1. 重新提出的和解动议按本裁定所述予以准许。\n\n2. 修订后和解协议在所有方面均获批准，并应在本裁定录入后立即生效。\n\n3. 债务人拟聘请 Melanie L. Cyganowski 担任销售官一事，应通过另行通知并与本裁定同时录入的单独裁定予以批准。\n\n4. 美国破产受托人要求指定运营受托人的动议无限期延期。\n\n5. 准予解除自动中止，以允许 PAX 继续推进、并允许债务人针对目前正在 New York Supreme Court（纽约州最高法院）审理的案号为 652077/2017 的州法院诉讼（“州法院诉讼”）进行抗辩，对于所有其他目的（包括与执行或收取在州法院诉讼中对债务人作出的任何判决有关的事项），中止在所有其他方面仍应继续有效，直至破产法院在进一步通知所有当事人后作出进一步裁定。\n\n6. PAX 提交的解除中止动议和转换程序动议因修订后和解协议的批准而失去实际意义，予以撤回。\n\n日期：纽约州纽约市 2021 年 10 月 8 日\n\n/s/ James L. Garrity, Jr.\n\nJames L. Garrity, Jr.（詹姆斯·L·加里蒂二世）法官","key_entities":["Je"],"ecf_references":[{"doc_number":62,"court":"CTB"},{"doc_number":64,"court":"CTB"},{"doc_number":131,"court":"CTB"},{"doc_number":141,"court":"CTB"}],"word_count":666,"status":"published","published_at":"2021-10-08 00:00:00","created_at":"2021-10-08","updated_at":"2026-08-23 12:26:33"}