{"id":"court_ctb_4244_0","court":"CTB","case_no":"22-50073","doc_number":4244,"sub_number":0,"doc_type":"UNKNOWN","filed_date":"2025-03-21","title":"| | UNITED STATES BANKRUPTCY COURT |","summary_zh":null,"summary_en":null,"body_en":"| | UNITED STATES BANKRUPTCY COURT | |\n|----------------------------------------------------------------|--------------------------------|-------------------------------------------------------------------------------------------------------------------------|\n| | DISTRICT OF
CONNECTICUT | |\n| | BRIDGEPORT DIVISION | |\n| | | |\n| In Re.
Ho Wan Kwok | §
§ | Case No.
22-50073 |\n| Debtor(s) | §
§ | Lead Case No.
22-50073 |\n| | | Jointly Administered |\n| Monthly Operating Report | | Chapter 11 |\n| Reporting Period Ended:
02/28/2025 | | Petition Date:
02/15/2022 |\n| Months Pending:
37 | | Industry Classification:
0
0
0
0 |\n| Reporting Method: | Accrual Basis | Cash Basis |\n| Debtor's Full-Time Employees (current): | | 0 |\n| Debtor's Full-Time Employees (as of date of order for relief): | | 0 |\n| | | |\n| Supporting Documentation (check all that are attached): | | |\n| | | (For jointly administered debtors, any required schedules must be provided on a non-consolidated basis for each debtor) |\n| Statement of cash receipts and disbursements | | Balance sheet containing the summary and detail of the assets, liabilities and equity (net worth) or deficit |\n| Statement of operations (profit or loss statement) | | |\n| Accounts receivable aging | | |\n| Postpetition liabilities aging | | |\n| Statement of capital assets | | |\n\n- Schedule of payments to professionals\n- Schedule of payments to insiders\n- All bank statements and bank reconciliations for the reporting period\n- Description of the assets sold or transferred and the terms of the sale or transfer\n\n/s/ Luc A. Despins\n\n03/21/2025\n\nDate\n\nSignature of Responsible Party Printed Name of Responsible Party Address Luc A. Despins, in his capacity as Chapter 11 Trustee Paul Hastings LLP 200 Park Avenue New York, NY 10166\n\nSTATEMENT: This Periodic Report is associated with an open bankruptcy case; therefore, Paperwork Reduction Act exemption 5 C.F.R. § 1320.4(a)(2) applies.\n\nUST Form 11-MOR (12/01/2021) 1\n\n## Case 22-50073 Doc 4244 Filed 03/21/25 Entered 03/21/25 12:35:42 Page 2 of 24\n\nDebtor's Name Ho Wan Kwok Case No. 22-50073\n\n| | Part 1: Cash Receipts and Disbursements | Current Month | Cumulative |\n|----|----------------------------------------------------------------------------------------------------------------------|---------------|---------------|\n| | | | |\n| a. | Cash balance beginning of month | \\$74,650,196 | |\n| b. | Total receipts (net of transfers between accounts) | \\$370,243 | \\$130,009,968 |\n| c. | Total disbursements (net of transfers between accounts) | \\$402,777 | \\$52,946,986 |\n| d. | Cash balance end of month (a+b-c) | \\$74,617,662 | |\n| e. | Disbursements made by third party for the benefit of the estate | \\$0 | \\$12,757 |\n| f. | Total disbursements for quarterly fee calculation (c+e) | \\$402,777 | \\$52,959,744 |\n| | Part 2: Asset and Liability Status
(Not generally applicable to Individual Debtors. See Instructions.) | Current Month | |\n| a. | Accounts receivable (total net of allowance) | \\$0 | |\n| b. | Accounts receivable over 90 days outstanding (net of allowance) | \\$0 | |\n| c. | Inventory
(Book
Market
Other
(attach explanation)) | \\$0 | |\n| d | Total current assets | \\$0 | |\n| e. | Total assets | \\$0 | |\n| f. | Postpetition payables (excluding taxes) | \\$0 | |\n| g. | Postpetition payables past due (excluding taxes) | \\$0 | |\n| h. | Postpetition taxes payable | \\$0 | |\n| i. | Postpetition taxes past due | \\$0 | |\n| j. | Total postpetition debt (f+h) | \\$0 | |\n| k. | Prepetition secured debt | \\$0 | |\n| | | | |\n| l. | Prepetition priority debt | \\$0 | |\n| m. | Prepetition unsecured debt | \\$0 | |\n| n. | Total liabilities (debt) (j+k+l+m) | \\$0 | |\n| o. | Ending equity/net worth (e-n) | \\$0 | |\n| | Part 3: Assets Sold or Transferred | Current Month | Cumulative |\n| a. | Total cash sales price for assets sold/transferred outside the ordinary | | |\n| | course of business | \\$0 | \\$26,236,348 |\n| b. | Total payments to third parties incident to assets being sold/transferred
outside the ordinary course of business | \\$0 | \\$1,160,344 |\n| c. | Net cash proceeds from assets sold/transferred outside the ordinary
course of business (a-b) | \\$0 | \\$25,076,004 |\n| | Part 4: Income Statement (Statement of Operations) | Current Month | Cumulative |\n| | (Not generally applicable to Individual Debtors. See Instructions.) | | |\n| a. | Gross income/sales (net of returns and allowances) | \\$0 | |\n| b. | Cost of goods sold (inclusive of depreciation, if applicable) | \\$0 | |\n| c. | Gross profit (a-b) | \\$0 | |\n| d. | Selling expenses | \\$0 | |\n| e. | General and administrative expenses | \\$0 | |\n| f. | Other expenses | \\$0 | |\n| g. | Depreciation and/or amortization (not included in 4b) | \\$0 | |\n\nh. Interest \\$0\n\ni. Taxes (local, state, and federal) \\$0\n\nj. Reorganization items \\$0\n\nk. Profit (loss) \\$0 \\$0\n\n## Case 22-50073 Doc 4244 Filed 03/21/25 Entered 03/21/25 12:35:42 Page 3 of 24\n\n| Approved
Approved
Paid Current
Paid
Current Month
Cumulative
Month
Cumulative
\\$210,172
\\$47,697,009
\\$210,172
\\$47,697,009
Debtor's professional fees & expenses (bankruptcy) Aggregate Total
Itemized Breakdown by Firm
Firm Name
Role
i
Neubert, Pepe & Monteith, P.C Local Counsel
\\$0
\\$4,796,467
\\$0
\\$4,796,467
ii
Paul Hastings LLP (counsel to cLead Counsel
\\$0
\\$35,554,118
\\$0
\\$35,554,118
iii
Brown Rudnick (counsel to Ho Lead Counsel
\\$0
\\$0
\\$0
\\$0
iv
Pullman & Comley, LLC (coun Lead Counsel
\\$0
\\$795,395
\\$0
\\$795,395
v
Coleman Worldwide Advisors LOther
\\$0
\\$0
\\$0
\\$0
vi
Dundon Advisors (UCC financi Financial Professional
\\$0
\\$0
\\$0
\\$0
vii
Verdolino & Lowey, PC (financFinancial Professional
\\$0
\\$0
\\$0
\\$0
viii
Harney Westwood & Riegels LPOther
\\$0
\\$1,341,940
\\$0
\\$1,341,940
ix
Paul Wright
Other
\\$0
\\$0
\\$0
\\$0
x
Pallas Partners LLP
Other
\\$0
\\$478,916
\\$0
\\$478,916
xi
Edmiston and Company LimitedOther
\\$0
\\$1,176,250
\\$0
\\$1,176,250
xii
Engineering Operations and CerOther
\\$0
\\$0
\\$0
\\$0
xiii
Epiq Corporate Restructuring, LOther
\\$0
\\$306,099
\\$0
\\$306,099
xiv
Kroll LLC
Other
\\$44,976
\\$2,577,861
\\$44,976
\\$2,577,861
xv
Prager Dreifuss AG
Local Counsel
\\$75,483
\\$431,644
\\$75,483
\\$431,644
xvi
Eisner Advisory Group LLC
Other
\\$0
\\$147,344
\\$0
\\$147,344
xvii
Winne, Banta, Basralian & Kah Local Counsel
\\$7,547
\\$8,811
\\$7,547
\\$8,811
xviii
Sage-Popovich, Inc.
Other
\\$15,000
\\$15,000
\\$15,000
\\$15,000
xix
Chryssafinis & Polyviou LLC
Other
\\$67,166
\\$67,166
\\$67,166
\\$67,166
xx
xxi
xxii
xxiii
xxiv
xxv
xxvi
xxvii
xxviii
xxix
xxx
xxxi
xxxii
xxxiii
xxxiv
xxxv
xxxvi | Part 5: Professional Fees and Expenses | | | |\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| | | | | |\n| | | | | |\n| | | | | |\n| | | | | |\n| | | | | |\n| | | | | |\n| | | | | |\n| | | | | |\n| | | | | |\n| | | | | |\n| | | | | |\n| | | | | |\n| | | | | |\n| | | | | |\n\n| | xxxvii | | | |\n|----|--------|--|--|--|\n| | xxxvii | | | |\n| | xxxix | | | |\n| | xl | | | |\n| | xli | | | |\n| | xlii | | | |\n| | xliii | | | |\n| | xliv | | | |\n| | xlv | | | |\n| | xlvi | | | |\n| | xlvii | | | |\n| | xlviii | | | |\n| | xlix | | | |\n| l | | | | |\n| li | | | | |\n| | lii | | | |\n| | liii | | | |\n| | liv | | | |\n| | lv | | | |\n| | lvi | | | |\n| | lvii | | | |\n| | lviii | | | |\n| | lix | | | |\n| | lx | | | |\n| | lxi | | | |\n| | lxii | | | |\n| | lxiii | | | |\n| | lxiv | | | |\n| | lxv | | | |\n| | lxvi | | | |\n| | lxvii | | | |\n| | lxviii | | | |\n| | lxix | | | |\n| | lxx | | | |\n| | lxxi | | | |\n| | lxxii | | | |\n| | lxxiii | | | |\n| | lxxiv | | | |\n| | lxxv | | | |\n| | lxxvi | | | |\n| | lxxvii | | | |\n| | lxxvii | | | |\n\n| | lxxix | | | | | | |\n|----|--------|-----------------------------------------------------------------------|---------------|---------------|------------|--------------|------------|\n| | lxxx | | | | | | |\n| | lxxxi | | | | | | |\n| | lxxxii | | | | | | |\n| | lxxxii | | | | | | |\n| | lxxxiv | | | | | | |\n| | lxxxv | | | | | | |\n| | lxxxvi | | | | | | |\n| | lxxxvi | | | | | | |\n| | lxxxvi | | | | | | |\n| | lxxxix | | | | | | |\n| | xc | | | | | | |\n| | xci | | | | | | |\n| | xcii | | | | | | |\n| | xciii | | | | | | |\n| | xciv | | | | | | |\n| | xcv | | | | | | |\n| | xcvi | | | | | | |\n| | xcvii | | | | | | |\n| | xcviii | | | | | | |\n| | xcix | | | | | | |\n| | c | | | | | | |\n| | ci | | | | | | |\n| | | | | Approved | Approved | Paid Current | Paid |\n| | | | | Current Month | Cumulative | Month | Cumulative |\n| b. | | Debtor's professional fees & expenses (nonbankruptcy) Aggregate Total | | \\$0 | \\$0 | \\$0 | \\$0 |\n| | | Itemized Breakdown by Firm | | | | | |\n| | i | Firm Name
Baker Hostetler LLP | Role
Other | \\$0 | \\$0 | \\$0 | \\$0 |\n| | ii | Clayman & Rosenberg LLP | Other | \\$0 | \\$0 | \\$0 | \\$0 |\n| | iii | Ganfer Shore Leeds & ZaudererOther | | \\$0 | \\$0 | \\$0 | \\$0 |\n| | iv | Harcus Parker Ltd. | Other | \\$0 | \\$0 | \\$0 | \\$0 |\n| | v | LALIVE SA | Other | \\$0 | \\$0 | \\$0 | \\$0 |\n| | vi | Lawall & Mitchell, LLC | Other | \\$0 | \\$0 | \\$0 | \\$0 |\n| | vii | Petrillo Klein & Boxer LLP | Other | \\$0 | \\$0 | \\$0 | \\$0 |\n| | viii | Schulman Bhattacharya, LLC | Other | \\$0 | \\$0 | \\$0 | \\$0 |\n| | ix | The Casper Firm | Other | \\$0 | \\$0 | \\$0 | \\$0 |\n| | x | The Francis Firm PLLC | Other | \\$0 | \\$0 | \\$0 | \\$0 |\n| | xi | VX Cerda & Associates | Other | \\$0 | \\$0 | \\$0 | \\$0 |\n| | xii | | | | | | |\n| | xiii | | | | | | |\n| | xiv | | | | | | |\n| | | | | | | | |\n\n| | xv | | | |\n|---|--------|--|--|--|\n| | xvi | | | |\n| | xvii | | | |\n| | xviii | | | |\n| | xix | | | |\n| | xx | | | |\n| | xxi | | | |\n| | xxii | | | |\n| | xxiii | | | |\n| | xxiv | | | |\n| | xxv | | | |\n| | xxvi | | | |\n| | xxvii | | | |\n| | xxviii | | | |\n| | xxix | | | |\n| | xxx | | | |\n| | xxxi | | | |\n| | xxxii | | | |\n| | xxxiii | | | |\n| | xxxiv | | | |\n| | xxxv | | | |\n| | xxxvi | | | |\n| | xxxvii | | | |\n| | xxxvii | | | |\n| | xxxix | | | |\n| | xl | | | |\n| | xli | | | |\n| | xlii | | | |\n| | xliii | | | |\n| | xliv | | | |\n| | xlv | | | |\n| | xlvi | | | |\n| | xlvii | | | |\n| | xlviii | | | |\n| | xlix | | | |\n| l | | | | |\n| | li | | | |\n| | lii | | | |\n| | liii | | | |\n| | liv | | | |\n| | lv | | | |\n| | lvi | | | |\n| | | | | |\n\n| lvii | | | |\n|--------|--|--|--|\n| lviii | | | |\n| lix | | | |\n| lx | | | |\n| lxi | | | |\n| lxii | | | |\n| lxiii | | | |\n| lxiv | | | |\n| lxv | | | |\n| lxvi | | | |\n| lxvii | | | |\n| lxviii | | | |\n| lxix | | | |\n| lxx | | | |\n| lxxi | | | |\n| lxxii | | | |\n| lxxiii | | | |\n| lxxiv | | | |\n| lxxv | | | |\n| lxxvi | | | |\n| lxxvii | | | |\n| lxxvii | | | |\n| lxxix | | | |\n| lxxx | | | |\n| lxxxi | | | |\n| lxxxii | | | |\n| lxxxii | | | |\n| lxxxiv | | | |\n| lxxxv | | | |\n| lxxxvi | | | |\n| lxxxvi | | | |\n| lxxxvi | | | |\n| lxxxix | | | |\n| xc | | | |\n| xci | | | |\n| xcii | | | |\n| xciii | | | |\n| xciv | | | |\n| xcv | | | |\n| xcvi | | | |\n| xcvii | | | |\n| xcviii | | | |\n| | | | |\n\n## Case 22-50073 Doc 4244 Filed 03/21/25 Entered 03/21/25 12:35:42 Page 8 of 24\n\n| | xcix | | | | |\n|----|------|----------------------------------------------------------|--|--|--|\n| | c | | | | |\n| c. | | All professional fees and expenses (debtor & committees) | | | |\n\n| | Part 6: Postpetition Taxes | | Current Month | Cumulative |\n|----|----------------------------------------------------------------------------------------------------------------------|-----|---------------|---------------------------|\n| a. | Postpetition income taxes accrued (local, state, and federal) | | \\$0 | \\$0 |\n| b. | Postpetition income taxes paid (local, state, and federal) | | \\$0 | \\$0 |\n| c. | Postpetition employer payroll taxes accrued | | \\$0 | \\$0 |\n| d. | Postpetition employer payroll taxes paid | | \\$0 | \\$0 |\n| e. | Postpetition property taxes paid | | \\$0 | \\$0 |\n| f. | Postpetition other taxes accrued (local, state, and federal) | | \\$0 | \\$0 |\n| g. | Postpetition other taxes paid (local, state, and federal) | | \\$0 | \\$0 |\n| | Part 7: Questionnaire - During this reporting period: | | | |\n| a. | Were any payments made on prepetition debt? (if yes, see Instructions) | Yes | No | |\n| b. | Were any payments made outside the ordinary course of business
without court approval? (if yes, see Instructions) | Yes | No | |\n| c. | Were any payments made to or on behalf of insiders? | Yes | No | |\n| d. | Are you current on postpetition tax return filings? | Yes | No | |\n| e. | Are you current on postpetition estimated tax payments? | Yes | No | |\n| f. | Were all trust fund taxes remitted on a current basis? | Yes | No | |\n| g. | Was there any postpetition borrowing, other than trade credit?
(if yes, see Instructions) | Yes | No | |\n| h. | Were all payments made to or on behalf of professionals approved by
the court? | Yes | No
N/A | |\n| i. | Worker's compensation insurance?
Do you have: | Yes | No | |\n| | If yes, are your premiums current? | Yes | No
N/A | (if no, see Instructions) |\n| | Casualty/property insurance? | Yes | No | |\n| | If yes, are your premiums current? | Yes | No
N/A | (if no, see Instructions) |\n| | General liability insurance? | Yes | No | |\n| | If yes, are your premiums current? | Yes | No
N/A | (if no, see Instructions) |\n| j. | Has a plan of reorganization been filed with the court? | Yes | No | |\n| k. | Has a disclosure statement been filed with the court? | Yes | No | |\n| l. | Are you current with quarterly U.S. Trustee fees as
set forth under 28 U.S.C. § 1930? | Yes | No | |\n\n| | Part 8: Individual Chapter 11 Debtors (Only) | |\n|----|------------------------------------------------------------------------------------------------|------------------|\n| a. | Gross income (receipts) from salary and wages | \\$0 |\n| b. | Gross income (receipts) from self-employment | \\$0 |\n| c. | Gross income from all other sources | \\$0 |\n| d. | Total income in the reporting period (a+b+c) | \\$0 |\n| e. | Payroll deductions | \\$0 |\n| f. | Self-employment related expenses | \\$0 |\n| g. | Living expenses | \\$0 |\n| h. | All other expenses | \\$0 |\n| i. | Total expenses in the reporting period (e+f+g+h) | \\$0 |\n| j. | Difference between total income and total expenses (d-i) | \\$0 |\n| k. | List the total amount of all postpetition debts that are past due | \\$0 |\n| l. | Are you required to pay any Domestic Support Obligations as defined by 11
U.S.C § 101(14A)? | Yes
No |\n| m. | If yes, have you made all Domestic Support Obligation payments? | Yes
No
N/A |\n\n### **Privacy Act Statement**\n\n28 U.S.C. § 589b authorizes the collection of this information, and provision of this information is mandatory under 11 U.S.C. §§ 704, 1106, and 1107. The United States Trustee will use this information to calculate statutory fee assessments under 28 U.S.C. § 1930(a)(6). The United States Trustee will also use this information to evaluate a chapter 11 debtor's progress through the bankruptcy system, including the likelihood of a plan of reorganization being confirmed and whether the case is being prosecuted in good faith. This information may be disclosed to a bankruptcy trustee or examiner when the information is needed to perform the trustee's or examiner's duties or to the appropriate federal, state, local, regulatory, tribal, or foreign law enforcement agency when the information indicates a violation or potential violation of law. Other disclosures may be made for routine purposes. For a discussion of the types of routine disclosures that may be made, you may consult the Executive Office for United States Trustee's systems of records notice, UST-001, \"Bankruptcy Case Files and Associated Records.\" *See* 71 Fed. Reg. 59,818 et seq. (Oct. 11, 2006). A copy of the notice may be obtained at the following link: htt www.justice.gov/ust/eo/rules\\_regulations/index.htm. Failure to provide this information could result in the dismissal or conversion of your bankruptcy case or other action by the United States Trustee. 11 U.S.C. § 1112(b)(4)(F).\n\n## **I declare under penalty of perjury that the foregoing Monthly Operating Report and its supporting documentation are true and correct and that I have been authorized to sign this report on behalf of the estate.**\n\n/s/ Luc A. Despins\n\nSignature of Responsible Party\n\nChapter 11 Trustee\n\nTitle Date\n\nLuc A. Despins, in his capacity as Chapter 11 Trustee\n\nPrinted Name of Responsible Party\n\n03/21/2025\n\n\n\n\n\n\n\nPageFour\n\n**In re** Ho Wan Kwok **Case No.** 22-50073 (JAM) **Debtor Reporting Period:** 2/1/2025 - 2/28/2025\n\n#### **INDIVIDUAL DEBTOR CASH RECEIPTS AND CASH DISBURSEMENTS**\n\n(This Form must be submitted for each bank account maintained by the Debtor)\n\nAmounts reported should be per the debtor's books, not the bank statement. The beginning cash should be the ending\n\ncash from the prior month or, if this is the first report, the amount should be the balance on the date the petition was\n\nfiled. Attach the bank statements and a detailed list of all disbursements made during the\n\nreport period that includes\n\nthe date, the check number, the payee, the transaction description, and the amount. A\n\nbank reconciliation must\n\nbe attached for each account. [See MOR-1 (CON'T)]\n\n| | Current Month | Cumulative July 8, 2022 to Date |\n|-----------------------------------------------------------------------|------------------|---------------------------------|\n| | Actual | Actual |\n| Cash - Beginning of Month | | |\n| RECEIPTS | | |\n| Recovered Funds | \\$
- | \\$
23,712,225.06 |\n| Funds received from B. Hofmeister Assignee for benefit of creditors | \\$
- | \\$
38,792,899.51 |\n| of HCHK pursuant to settlement order | | |\n| Clark Hill Settlement | \\$
- | \\$
499,000.00 |\n| Retainer Refund (Kercsmar Collins & O'Hara / Lewis Roca) | \\$
- | \\$
4,544.00 |\n| Yacht Repair Escrow | \\$
- | \\$
4,000,000.00 |\n| Adversary Proceeding Interpleader Funds | \\$
- | \\$
32,923,028.42 |\n| Refund from AIG | \\$
- | \\$
71.25 |\n| Funds received from The Casper Firm Settlement | \\$
- | \\$
48,750.00 |\n| Refund from Yachtzoo Yacht Management (Lady May II balance) | \\$
- | \\$
255.17 |\n| | | |\n| Funds received from Axos Bank | \\$
- | \\$
1,592,469.98 |\n| Refund of insurance premium from cancellation of protection and | \\$
- | \\$
29,255.02 |\n| indemnity insurance upon sale of Lady May on 6/30/23 | | |\n| Funds received from Chiesa, Shahinian & Giantomasi PCA for sale of | \\$
- | \\$
10,302,313.64 |\n| Bombardier jet | | |\n| Net proceeds of sale of shares of Victory Capital Holdings, Inc. held | \\$
- | \\$
2,692,924.71 |\n| by Reverence Capital Partners Opportunities Fund I (Cayman) L.P. | | |\n| | | |\n| Cash dividends on account of shares of Victory Capital Holdings, Inc. | \\$
- | \\$
54,858.88 |\n| held by Reverence Capital Partners Opportunities Fund I (Cayman) L.P. | | |\n| | | |\n| Cash distribution on account of limited partnership interest held in | \\$
- | \\$
2,561,150.56 |\n| Reverence Capital Partners Opportunities Fund I (Cayman), L.P. | | |\n| | | |\n| Funds received for sale of Greenwich Taconic property | \\$
- | \\$
6,784,668.79 |\n| Refund received from Pullman & Comley, LLC for overpayment of | \\$
- | \\$
26,102.00 |\n| invoices | | |\n| Funds received from First Bank of Greenwich | \\$
- | \\$
134,338.76 |\n| Refund with respect to unauthorized fraudulent disbursements | \\$
- | \\$
7,240.99 |\n| Funds received from World Insurance Associates, LLC | \\$
44,935.80 | \\$
44,935.80 |\n| Funds received from Harneys Corporate Services' Bank | \\$
24,715.00 | \\$
24,715.00 |\n| Miscellaneous receipts | \\$
70,000.00 | \\$
70,000.00 |\n| Bank Account Interest | \\$
230,592.30 | \\$
5,704,219.96 |\n| Total Receipts | \\$
370,243.10 | \\$
130,009,967.50 |\n| DISBURSEMENTS | | |\n| ORDINARY ITEMS: | | |\n| Bank Fees | \\$
7,843.28 | \\$
133,727.69 |\n| Fees paid to International Surety Ltd for surety bond renewal | \\$
- | \\$
268,747.00 |\n| premium | | |\n| Fees paid with respect to Yacht repair invoices out of the Yacht | \\$
- | \\$
576,895.09 |\n| Repair Escrow | | |\n| Fees paid with respect to Miller Advertising Agency Inc. (English | \\$
- | \\$
21,140.60 |\n| Court Publication Notice) | | |\n| Fees paid with respect to Dexter White Invoice | \\$
- | \\$
16,235.00 |\n| Fees paid with respect to Bridgeport Harbor Marina out of the Yacht | \\$
- | \\$
18,137.64 |\n| Repair Escrow | | |\n| | | |\n| Fees paid with respect to Safe Harbor out of the Yacht Repair | \\$
- | \\$
148,287.04 |\n| Escrow | | |\n| Fees paid with respect to Yachtzoo for operating expenses out of the | \\$
- | \\$
431,604.00 |\n| Yacht Repair Escrow | | |\n| Fees paid with respect to Harneys Corporate Services Limited | \\$
- | \\$
1,665.00 |\n\n| In re Ho Wan Kwok | Case No. | 22-50073 (JAM) |\n|--------------------------------------------------------------------------------------------------------------------------------|-------------------|----------------------|\n| Debtor | Reporting Period: | 2/1/2025 - 2/28/2025 |\n| Disbursement paid to JP Reynolds Company Inc. (for customs duty | \\$
- | \\$
14,965.35 |\n| and customs bond premium) | | |\n| Disbursement paid to James Pizzaruso for pay roll in connection with | \\$
- | \\$
31,026.98 |\n| sale of Lady May | | |\n| Disbursement paid to B. Hofmeister Assignee for Benefit of Creditors
of HCHK (for HCHK admin matters and employee payments) | \\$
- | \\$
76,150.88 |\n| | | |\n| Disbursement paid to RKH IT Solutions (IT Consultant for HCHK | \\$
- | \\$
17,794.73 |\n| Assignee) | | |\n| Fees paid to SHM Newport Shipyard LLC (for Lady May II | \\$
- | \\$
16,384.10 |\n| winterization and dockage fees) | | |\n| Disbursement paid to R.I. Martine Survey (for Lady May II appraisal) | \\$
- | \\$
700.00 |\n| | | |\n| Disbursement paid to Brosnan Risk Consultants LTD (for security | \\$
- | \\$
57,246.47 |\n| services for HCHK Assignee) | | |\n| Disbursement paid to ARD Facilities Management Group LLC (for | \\$
- | \\$
256,830.00 |\n| moving and storage services for HCHK, Golden Spring and Greenwich, | | |\n| CT residence) | | |\n| Disbursement paid to FDS46 Crew Series LLC (Lady May II captain | \\$
- | \\$
2,130.00 |\n| salary)
Disbursement paid to B. Hofmeister Assignee for Benefit of Creditors | \\$
- | \\$
550,000.00 |\n| of HCHK (for settlement payment) | | |\n| Disbursement paid to Cole Schotz, counsel to Brian W. Hofmeister, | \\$
- | \\$
766,758.37 |\n| Assignee of HCHK Entities (for preparation and prosecution of the | | |\n| assignment proceedings per settlement order) | | |\n| Disbursement paid to A. Atkins Appraisal Corp., appraiser to Brian | \\$
- | \\$
7,800.00 |\n| W. Hofmeister, Assignee of HCHK Entities (for appraisal fees per | | |\n| settlement order) | | |\n| Disbursement paid to McManimon, Scotland & Baumann, LLC, MSB | \\$
- | \\$
75,000.00 |\n| counsel to Brian. W. Hofmeister, Assignee of HCHK Entities (for fees | | |\n| and expenses per settlement order) | | |\n| Disbursement paid to DLA, LLC, financial advisor to Brian. W. | \\$
- | \\$
155,000.00 |\n| Hofmeister, Assignee of HCHK Entities (for fees per settlement order) | | |\n| | | |\n| Disbursement paid to Prager Dreifuss AG (for advance on Swiss | \\$
- | \\$
5,835.49 |\n| court fees) | | |\n| Disbursement paid to Hawk Eye Security LLC (for security services | \\$
61,696.12 | \\$
447,088.87 |\n| at Mahwah Mansion) | | |\n| Disbursement paid to A&A Home Services LLC (for repairs to the | \\$
- | \\$
17,800.00 |\n| 373 Taconic property)
Disbursement paid to Next Frontier Advisors (for deposit for virtual | \\$
- | \\$
11,000.00 |\n| staging at the 373 Taconic property) | | |\n| Disbursement paid to Knight Security Systems (for security system | \\$
- | \\$
1,710.50 |\n| installation at the 373 Taconic property) | | |\n| Disbursement paid to Slocum's Lock & Key LLC (for updating keys | \\$
- | \\$
1,932.91 |\n| and replacing deadbolt at the 373 Taconic property) | | |\n| Disbursement paid to CT Fence and Landscaping, LLC (for servicing | \\$
- | \\$
1,277.56 |\n| the gate at the 373 Taconic property) | | |\n| Disbursement paid to Township of Mahwah, NJ (for 675 Ramapo | \\$
- | \\$
141,930.59 |\n| Valley Road real property taxes) | | |\n| Disbursement paid to Township of Mahwah, NJ (for 675 Ramapo | \\$
- | \\$
505.26 |\n| Valley Road sewer and water taxes) | | |\n| Disbursement paid to Township of Mahwah, NJ (for 675 Ramapo | \\$
69,661.95 | \\$
69,661.95 |\n| Valley Road taxes) | | |\n| Disbursement paid to World Insurance Associates LLC (for the 373 | \\$
- | \\$
75,139.60 |\n| Taconic property) | | |\n| Disbursement paid to Tax Collector - Town of Greenwich (for the | \\$
- | \\$
27,847.85 |\n| 373 Taconic property real estate tax bill) | | |\n| Disbursement paid to Rockland Electric (for electric company | \\$
5,111.20 | \\$
29,533.25 |\n| invoices at 675 Ramapo Valley Road house and gate house ) | | |\n| Disbursement paid to City of Stamford, CT (for tax bills for 2022 and | \\$
- | \\$
617.73 |\n| 2023) | | |\n| Disbursement paid to Seriatim Inc. (for deposit for personal property | \\$
- | \\$
2,520.00 |\n| inventory services at 373 Taconic property)
Disbursement paid to Greenwich Pool Service, LLC (for pool services | \\$
- | \\$
1,749.44 |\n| at 373 Taconic property) | | |\n| Disbursement paid to PSE&G (for gas utility invoices at 675 Ramapo | \\$
4,555.67 | \\$
9,777.73 |\n| Valley Road property) | | |\n| | | |\n\n| In re Ho Wan Kwok | Case No. | 22-50073 (JAM) |\n|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------|-----------------------------------------------------|\n| Debtor | Reporting Period: | 2/1/2025 - 2/28/2025 |\n| Disbursement paid to Town of Greenwich (for alarm registration fee | \\$
- | \\$
30.00 |\n| for 373 Taconic property) | | |\n| Disbursement paid to Verizon (for services at 675 Ramapo Valley | \\$
448.42 | \\$
3,483.80 |\n| Road property )
Disbursement paid to Optimum (for internet services at 373 Taconic | \\$
- | \\$
561.89 |\n| property) | | |\n| Disbursement paid to Eversource (for electric bill at 373 Taconic | \\$
- | \\$
2,327.99 |\n| property) | | |\n| Disbursement paid to Central Bank of Cyprus (for test wire in favor | \\$
- | \\$
100.00 |\n| of the District Court of Limassol, Cyprus) | | |\n| Disbursement paid to Atko Bros Landscaping (for landscaping | \\$
- | \\$
6,168.30 |\n| services at 373 Taconic property) | | |\n| Disbursement paid to Town of Greenwich (for police security at 373 | \\$
- | \\$
8,500.00 |\n| Taconic property)
Disbursement paid to Peter Shaw (for barrister fees) | \\$
- | \\$
2,865.19 |\n| Disbursement paid to Paul Wright (for barrister fees) | \\$
- | \\$
6,555.83 |\n| Disbursement paid to Kyle Davis Lawn Care, LLC (for landscaping at | \\$
2,932.19 | \\$
16,562.70 |\n| Mahwah Mansion) | | |\n| Disbursement paid to JL Holdings, Inc. (for pool and spa | \\$
- | \\$
639.75 |\n| winterization at 675 Ramapo Valley Road property) | | |\n| Unauthorized fraudulent disbursements | \\$
- | \\$
7,240.99 |\n| Disbursement paid to Central Bank of Cyprus (for wire in favor of the | \\$
- | \\$
218,150.40 |\n| District Court of Limassol, Cyprus) | | |\n| Disbursement paid to Hackensack Roofing Co. Inc. (for roofing | \\$
9,356.34 | \\$
18,382.15 |\n| repair invoices for roof at Mahwah mansion) | | |\n| Disbursement paid to Milo Plastering (for plaster repair at Mahwah | \\$
31,000.00 | \\$
31,000.00 |\n| mansion) | | |\n| Total Ordinary Disbursements | \\$
192,605.17 | \\$
4,812,723.66 |\n| REORGANIZATION ITEMS:
Professional Fees | | |\n| Fees paid with respect to Neubert, Pepe & Monteith PC | \\$
- | \\$
4,796,466.65 |\n| Fees paid with respect to Paul Hastings LLP | \\$
- | \\$
35,554,118.06 |\n| Broker fees paid with respect to Edmiston and Company Limited | \\$
- | \\$
1,176,250.00 |\n| | | |\n| Fees paid with respect to Pullman & Comley, LLC | \\$
- | \\$
795,394.77 |\n| Fees paid with respect to Epiq Corporate Restructuring LLC | \\$
- | \\$
306,098.63 |\n| Fees paid with respect to Harney Westwood & Riegels LP | \\$
- | \\$
1,341,939.57 |\n| Fees paid with respect to Kroll LLC | \\$
44,975.77 | \\$
2,577,860.80 |\n| Fees paid with respect to Pallas Partners LLP | \\$
- | \\$
478,915.87 |\n| Fees paid with respect to Prager Dreifuss AG | \\$
75,483.26 | \\$
431,644.34 |\n| Fees paid with respect to Eisner Advisory Group LLC | \\$
- | \\$
147,344.00 |\n| Fees paid with respect to Winne, Banta, Basralian & Kahn, P.C. | \\$
7,546.93 | \\$
8,810.53 |\n| Fees paid with respect to Sage-Popovich, Inc. | \\$
15,000.00 | \\$
15,000.00 |\n| Fees paid with respect to Chryssafinis & Polyviou LLC | \\$
67,166.19 | \\$
67,166.19 |\n| U. S. Trustee Fees | \\$
- | \\$
437,253.43 |\n| Other Reorganization Expenses (attach schedule) | \\$
- | \\$
- |\n| Total Reorganization Items | \\$
210,172.15 | \\$
48,134,262.84 |\n| | | |\n| Total Disbursements (Ordinary + Reorganization) | \\$
402,777.32 | \\$
52,946,986.50 |\n| Financing of Genever Entities | | |\n| | | 25,004.19 |\n| | \\$
- | \\$ |\n| | | |\n| | | |\n| | | |\n| | | |\n| | \\$
- | \\$ |\n| | \\$
17,974.50 | \\$ |\n| | | |\n| | | |\n| | \\$
24,715.00 | \\$ |\n| | | |\n| | \\$
- | \\$ |\n| Payment pursuant to DIP Order with respect to financing Genever US
invoices for Gallagher Basset Services Inc. (for air monitoring for
asbestos abatement, ATRU and variance drawings, final inspection and
asbestos survey and reporting work at The Sherry Netherland)
Payment pursuant to DIP Order with respect to financing Genever
US counsel fees (Saxe Doernberger & Vita PC)
Payment pursuant to DIP Order with respect to financing Genever
US counsel fees (O'Sullivan McCormack Jensen & Bliss PC)
Payment pursuant to DIP Order with respect to financing Genever
BVI corporate fees (Harneys Corporate Services)
Payment pursuant to DIP Order with respect to financing Genever
US invoices for ABF Environmental Inc. (for asbestos abatement and | | 236,452.00
266,602.17
98,089.58
121,300.00 |\n| insulation work)
Payment pursuant to DIP Order with respect to financing Genever | \\$
- | \\$
39,924.43 |\n| US invoices for Gustav Restoration LLC (invoices for terrace cleaning | | |\n\n| In re Ho Wan Kwok | Case No. | 22-50073 (JAM) | |\n|----------------------------------------------------------------------------|----------------------|----------------|----------------------|\n| Debtor | Reporting Period: | | 2/1/2025 - 2/28/2025 |\n| Payment pursuant to DIP Order with respect to financing Genever | \\$
- | \\$ | 322,016.61 |\n| US invoices for Acheson Doyle Partners Architects, PC (for apartment | | | |\n| stabilization work at The Sherry Netherland) | | | |\n| Payment pursuant to DIP Order with respect to financing Genever US | \\$
- | \\$ | 5,750.00 |\n| invoices for Catalpa Special Inspections, Inc. (for remediation project at | | | |\n| The Sherry Netherland) | | | |\n| Payment pursuant to DIP Order with respect to financing Genever US | \\$
- | \\$ | 122,849.05 |\n| invoices for Skyline Windows LLC (for window replacement at The | | | |\n| Sherry Netherland) | | | |\n| Payment pursuant to DIP Order with respect to financing Genever US | \\$
- | \\$ | 2,515.01 |\n| invoices for Arista Air Conditioning Corp. (for service repair proposal | | | |\n| at The Sherry Netherland) | | | |\n| Payment pursuant to DIP Order with respect to financing Genever US | \\$
- | \\$ | 105,526.25 |\n| invoices for The Sherry Netherland, Inc. (for installation of HVAC | | | |\n| Payment pursuant to DIP Order with respect to financing Genever | \\$
- | \\$ | 352,803.32 |\n| US invoices for Sciame Homes NY LLC (for general contractor at The | | | |\n| Sherry Netherland) | | | |\n| Payment pursuant to DIP Order with respect to financing Genever | \\$
291.72 | \\$ | 19,793.64 |\n| US invoices for Burnham Nationwide, Inc. (for apartment restoration at | | | |\n| The Sherry Netherland) | | | |\n| Payment pursuant to DIP Order with respect to financing Genever US | \\$
- | \\$ | 11,574.00 |\n| invoices for U.S. Trustee Fees | | | |\n| Payment pursuant to DIP Order with respect to financing Genever US | \\$
- | \\$ | 109,340.00 |\n| invoices for AIG insurance premium | | | |\n| Payment pursuant to DIP Order with respect to financing Genever US | \\$
- | \\$ | 29,446.33 |\n| invoices for Hillmann Consulting (for post fire smoke damage | | | |\n| investigation at The Sherry Netherland) | | | |\n| Payment pursuant to DIP Order with respect to financing Genever US | \\$
- | \\$ | 26,250.00 |\n| invoices for ARD Facilities Management Group LLC (for storage | | | |\n| services for The Sherry Netherland) | | | |\n| Payment pursuant to DIP Order with respect to financing Genever US | \\$
- | \\$ | 2,068.63 |\n| invoices for Cleaning Contractors Corp. (for furniture cleaning at The | | | |\n| Sherry Netherland) | | | |\n| Payment pursuant to DIP Order with respect to financing Genever US | \\$
- | \\$ | 32,777.50 |\n| invoices for Montvale Moving Services LLC (for packing and moving | | | |\n| furniture at The Sherry Netherland) | | | |\n| Payment pursuant to DIP Order with respect to financing Genever US | \\$
- | \\$ | 554,269.78 |\n| invoices for J and A Construction Consultants dba Dryfast Property | | | |\n| Restoration (for restoration work at The Sherry Netherland) | | | |\n| | | | |\n| Payment pursuant to DIP Order with respect to financing Genever US | \\$
- | \\$ | 1,750.00 |\n| invoices for The Light Touch (for work removing and packaging light | | | |\n| fixtures at The Sherry Netherland) | | | |\n| Payment pursuant to DIP Order with respect to financing Genever US | \\$
- | \\$ | 2,177.50 |\n| invoices for CitiQuiet, Inc. (for removing and reinstalling window at | | | |\n| The Sherry Netherland) | | | |\n| Total DIP Financing Items | \\$
42,981.22 | \\$ | 2,488,279.99 |\n| | | | |\n| Net Cash Flow (Total Receipts - Total Disbursements - DIP | \\$
(75,515.44) \\$ | | 74,574,701.01 |\n| Financing) | | | |\n| | | | |\n| Cash - End of Month (Must equal reconciled bank statement) | \\$
74,574,680.39 | \\$ | 74,574,680.39 |\n| Third Party Disbursements on Behalf of the Estate | | | |\n| None | \\$
- | \\$ | 12,757.00 |\n| | | | |\n\n#### **THE FOLLOWING SECTION MUST BE COMPLETED**\n\n**DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT MONTH ACTUAL COLUMN)**\n\n| TOTAL DISBURSEMENTS | \\$
402,777.32 |\n|----------------------------------------------------------------------|------------------|\n| LESS: TRANSFERS TO OTHER DEBTOR IN POSSESSION ACCOUNTS | \\$
- |\n| PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow | \\$
- |\n| accounts) | |\n| TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY | \\$
402,777.32 |\n| FEES | |\n\n## **UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION**\n\n| ------------------------------------------------------ | x | |\n|--------------------------------------------------------|-------------------------------------------|--|\n| In re: | :
:
Chapter 11 | |\n| HO WAN KWOK, | :
:
Case No. 22-50073
(JAM)
: | |\n| Debtor. | :
: | |\n| ------------------------------------------------------ | x | |\n\n## **ATTACHMENT TO MONTHLY OPERATING REPORT FOR THE PERIOD FEBRUARY 1, 2025 THROUGH FEBRUARY 28, 2025**\n\nThis attachment is incorporated into and made a part of the Monthly Operating Report (\"MOR\") of Chapter 11 Trustee Luc A. Despins.\n\n## **General Disclaimers**\n\n- 1. The MOR is presented on a form promulgated in 2021 by the Executive Office of the United States Trustee. This form in many instances requires inserting a number for a line item even if the line item does not apply. The form also does not allow for the insertion of explanations or asterisks next to answers. Accordingly, as presented, certain responses may be inapplicable or incomplete. Following guidance from the United States Trustee's office, this attachment is being filed as an integral part of the MOR.\n- 2. On July 8, 2022, the Bankruptcy Court signed an order approving the appointment of Luc A. Despins, Esq. as Chapter 11 Trustee (the \"Trustee\"). The information in this MOR is based only on information beginning on the date of the Trustee's appointment and only on bank accounts within the Trustee's control.[1](#page-16-0)\n- 3. The Trustee reserves the rights to amend, modify or supplement this MOR or update it in future MORs.\n\n### **Specific Responses**\n\n## Part 1 Responses\n\n4. As noted above, this information is limited to cash receipts and disbursements since the Trustee was appointed and with respect to accounts under the Trustee's control. Not all cash receipts held by the Trustee as reflected in this MOR have been determined to be\n\n1 The Trustee is currently investigating the Debtor's assets and financial affairs (with respect to which investigation the Debtor has not cooperated).\n\nproperty of the estate at this time. There are various on-going litigations with respect to the funds held by the Trustee, which, if finally determined in a manner adverse to the Trustee, would materially reduce the total amount of cash held by the Trustee at this time. In addition, cash disbursements included here do not reflect payments made pursuant to the *Order (I) Authorizing Chapter 11 Trustee to Extend Financing Pursuant to Bankruptcy Code Section 363, (II) Authorizing Genever US and Genever BVI to Obtain Post-Petition Financing Pursuant to Bankruptcy Code Section 264, (III) Granting Non-Priming Liens and Providing Superpriority Administrative Expense Claims, (IV) Modifying Automatic Stay, and (V) Granting Related Relief*, entered on September 12, 2023 [Dkt. 2193], which authorized the Kwok estate to finance expenses of the Genever entities, which are described in the summary of cash receipts and disbursements.\n\n## Part 2 Responses\n\n- 5. To the extent this section is applicable (the Debtor is an individual), the Trustee has insufficient information to complete this section. The Trustee's counsel is currently reviewing the over 1,200 proofs of claim filed in connection with the claims bar date, which occurred on February 17, 2023.\n- 6. The Trustee is aware of certain professional fees and expenses that have arisen in connection with services provided by the Trustee's professionals. As of the end of the reporting period, certain interim applications for reimbursement of expenses have been approved by the Court pursuant to various orders approving interim fee applications and as set forth in the *Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses for Retained Professionals*, entered on August 18, 2023 [Docket No. 2094].\n\n## Part 3 Responses\n\n7. On June 27, 2023, the Bankruptcy Court entered an order authorizing and approving the sale of the Lady May [Docket No. 1953]. On December 19, 2023, the Bankruptcy Court entered an order authorizing and approving the sale of the Lady May II [Docket No. 2449]. On June 20, 2024, the Bankruptcy Court entered an amended order [Docket No. 3265] authorizing and approving the liquidation of shares of Victory Capital Holdings, Inc. held by Reverence Capital Partners Opportunities Fund I (Cayman) L.P. and the distribution of the proceeds of such liquidation, as discussed in the Trustee' s related motion [Docket No. 3203] and report of results of sale [Docket No. 3372].\n\n## Part 4 Responses\n\n8. To the extent this section is applicable (the Debtor is an individual), the Trustee has insufficient information to complete this section.\n\n## Part 5 Responses\n\n- 9. As of the end of the reporting period, certain interim applications for reimbursement of expenses have been approved by the Court pursuant to various orders approving interim fee applications and as set forth in the *Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses for Retained Professionals*, entered on August 18, 2023 [Docket No. 2094].\n- 10. The Trustee is aware of a number of professional firms that have provided services to the official committee of unsecured creditors or the Debtor (prior to the appointment of the Trustee) but that have not at this time had their retentions approved by the Court. The Trustee includes such professional firms (of which he is aware) in this part of the MOR out of an abundance of caution but reserves all his rights with respect to the retention and/or payment of fees with respect to such professional firms. The Trustee also notes that the Debtor may have employed professionals (prior to the appointment of the Trustee) of which the Trustee is not aware.\n\n## Part 6 Responses\n\n11. The Trustee is not aware of any postpetition taxes that have accrued during the time period since the Trustee's appointment.\n\n## Part 7 Responses\n\n12. The Trustee notes that the Debtor filed a chapter 11 plan on April 20, 2022 [Docket No. 197] (the \"April 2022 Plan\") with respect to which no disclosure statement was filed or approved.\n\n## Part 8 Responses\n\n13. The Trustee has insufficient information to respond to Part 8.\n\n## EASTWESTBANK Your financial bridge® Case 22-50073 Doc 4244 Filed 03/21/25 Entered 03/21/25 12:35:42 Page 20 of 24\n\n9300 Flair Dr., 1 St FL El Monte, CA. 91731\n\nDirect inquiries to: 888 761 -3967\n\n**ACCOUNT STATEMENT** Page 1 of 3 STARTING DATE: February 01, 2025 ENDING DATE: February 28, 2025 Total days in statement period: 28\n\n( **5)**\n\nBK EST/HO WAN KWOK DEBTOR LUC A DESPINS, CH11 TRUSTEE CASE #22-50073 C/O PAUL HASTINGS LLP 200 PARK AVE NEW YORK NY 10166-0005\n\nStay alert for financial scams. If you receive an email, text, or call from someone unknown about receiving or sending money for inheritance, charities, or anything similar, do not respond or share your personal information.\n\n# **Standard Business Checking**\n\n| Account number
Enclosures
Low balance
Average balance | | | Beginning balance
Total additions
5
\\$16,457.35
Total subtractions
\\$217,003.58
Ending balance | | ( 5)
( 33) | \\$274,037.05
1,139,650.80
371,765.25
\\$1,041,922.60 | |\n|--------------------------------------------------------------------|---------------------------------|-------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------|------------------------|----------------------------------------------|--------------------------------------------------------------|--|\n| CREDITS
Number | Date | Transaction Description | | | Additions | | |\n| | 02-07 | Deposit | | | 22,439.00 | | |\n| | 02-20 | Wire Trans-IN | bbfd4fclr 756d-4f5f -98d6-d40efe27ef18 | | | | |\n| | | | CITIUS33WSB /ROC/OPF21441887 | | 24,715.00 | | |\n| | 02-25 | Onln Bkg Trft C | FR ACC 05500021280 | | 1,000,000.00 | | |\n| | 02-25 | Deposit | | | 22,496.80 | | |\n| | 02-28 | Wire Trans-IN | 6ebedea1-2507-4363 -9980-c5a0ac551066 WILDES | | | | |\n| | | | & WEINBERG, 021000021 KWOK·· WILDES & W
EINBERG, P.C. SETT | | 70,000.00 | | |\n| CHECKS
Number
1309
1310
1311 | Date
02-04
02-10
02-25 | Amount
31,000.00
9,356.34
244.42 | Number
1312
1313 | Date
02-25
02-25 | Amount
4,311
.25
448.42 | | |\n| DEBITS
Date
02-03 Preauth Debit | Transaction Description | Township of Mahw 2015295757 250203 | | | Subtractions
69,661.95 | | |\n| 02-04 Outgoing Wire | | | DXX3244POoooo864 HAWK EYE sECuRITY 031101266 REF KWOK 1s,3s4.12 FOR | | | | |\n| | | HAWKEYE RES | | | 15,354.72 | | |\n| 02-04 Service Charge | | OUTGOING WIRE | | | 40.00 | | |\n| 02-04 Outgoing Wire
02-04 Service Charge
02-04 Preauth Debit | 02-04 Preauth Debit | HAWKEYE RES
OUTGOING WIRE
ROCKLAND ELECTR RECO 250204 59297160000 | DXX3244P00002428 HAWK EYE SECURITY 031101266 REF KWOK 15,631 .96 FOR | | 15,631
.96
40.00
218.13
4,893.07 | | |\n\nCase 22-50073 Doc 4244 Filed 03/21/25 Entered 03/21/25 12:35:42 Page 21 of 24\n\n**ACCOUNT STATEMENT** I= EASTWESTBANK Your financial bridge®\n\nPage 2 of 3 STARTING DATE: February 01, 2025 ENDING DATE: February 28, 2025\n\n9300 Flair Dr., 1 St FL El Monte, CA. 91731\n\nBK EST/HO WAN KWOK DEBTOR\n\n| | | Subtractions |\n|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------|\n| Outgoing Fx Ccy | Fx ouT wIRE 101503214 1 1 BK EsT Ho wAN KwoK | 67,166.19 |\n| Service Charge | ouTG0ING FxccvwI | 40.00 |\n| Outgoing Wire | DXX3245P00001753 WINNE BANTA BASRAL 221272303 BNF CONT; USA - OB l;IN RE | |\n| | KWOK 7,546 | 7,546.93 |\n| Debit Memo | FIDUCIARY MAINTENANCE | 25.00 |\n| Debit Memo | FIDUCIARY COLLATERAL | 7,268.28 |\n| Outgoing Wire | DXX324BP00003 271 HAWK EYE SECURITY 031101266 REF KWOK 15,354.72 FOR | |\n| | HAWK EYE RES | 15,354.72 |\n| Service Charge | OUTGOING WIRE | 40.00 |\n| Outgoing Wire | DXX3253P00001925 KYLE DAVIS LAWN CA 031101266 RE KWOK 2,932.19 FOR KYLE | |\n| | DAVIS LAWN | 2,932.19 |\n| Service Charge | OUTGOING WIRE | 40.00 |\n| Outgoing Wire | DXX3253P00001922 HAWK EYE SECURITY 031101266 RE KWOK 15,354.72 FOR HAWK | |\n| | EYE RE SE | 15,354.72 |\n| | OUTGOING WIRE | 40.00 |\n| | DXX3253P00001914 OSULLIVAN MCCORMAC 021300077 BNF CONT; USA - OB l;RE | |\n| | KWOK 17,974.5 | 17,974.50 |\n| | OUTGOING WIRE | 40.00 |\n| | WIRE TRANS-IN | 10.00 |\n| | DXX3258P00002342 BURNHAM NATIONWIDE 071000013 REF. RE KWOK 291.7 2 FOR | |\n| | APARTMENT RE | 291. 72 |\n| | OUTGOING WIRE | 40.00 |\n| | FX OUT WIRE 101507768 1 1 BK EST HO WAN KWOK | 61,585.74 |\n| | OUTGOING FX CCV WI | 40.00 |\n| | BXX325BP00002005 HARNEYS CORPORATE BARCGB22XXX REF. RE, 24,715.00 FOR | |\n| | GENEVER HOLDI | 24,715.00 |\n| | INTL WIRE XFER | 50.00 |\n| | WIRE TRANS-IN | 10.00 |\n| | Service Charge
Outgoing Wire
Service Charge
Service Charge
Outgoing Wire
Service Charge
Outgoing Fx Ccy
Service Charge
Intl Wire Xfer
Service Charge
Service Charge | Transaction Description |\n\n#### **DAILY BALANCES**\n\n| Date | Amount | Date | Amount | Date | Amount |\n|-------|------------|-------|-----------|-------|--------------|\n| 01-31 | 274,037.05 | 02-10 | 68,233.48 | 02-25 | 1,058,323.34 |\n| 02-03 | 204,375.10 | 02-11 | 52,838.76 | 02-27 | 971,932.60 |\n| 02-04 | 137,197.22 | 02-19 | 16,457.35 | 02-28 | 1,041,922.60 |\n| 02-05 | 55, 150.82 | 02-20 | 41,162.35 | | |\n| 02-07 | 77,589.82 | 02-24 | 40,830.63 | | |\n\n#### **OVERDRAFT/RETURN ITEM FEES**\n\n| | Total for
this period | Total
year-to-date |\n|--------------------------|--------------------------|-----------------------|\n| Total Overdraft Fees | \\$0.00 | \\$0.00 |\n| Total Returned Item Fees | \\$0.00 | \\$0.00 |\n\n\n\nEASTWESTBANK Your financial bridge® Case 22-50073 Doc 4244 Filed 03/21/25 Entered 03/21/25 12:35:42 Page 23 of 24\n\nDirect inquiries to: 888 761 -3967\n\n9300 Flair Dr., 1 St FL El Monte, CA. 91731\n\n**ACCOUNT STATEMENT** Page 1 of 2 STARTING DATE: February 01, 2025 ENDING DATE: February 28, 2025 Total days in statement period: 28\n\n( **O)**\n\nBK EST/HO WAN KWOK DEBTOR LUC A DESPINS, CH 11 TRUSTEE CASE #22-50073 C/O PAUL HASTINGS LLP 200 PARK AVE NEW YORK NY 10166-0005\n\nStay alert for financial scams. If you receive an email, text, or call from someone unknown about receiving or sending money for inheritance, charities, or anything similar, do not respond or share your personal information.\n\n## **Trustee-Non Vendor MMA**\n\n| Low balance | Account number
Average balance
Interest paid year to date | \\$73,302, 165.49
\\$74,220,625.69
\\$436,337.85 | Beginning balance
Total additions
Total subtractions
Ending balance | \\$74,376,158.78
230,592.30
( 1)
1,073,993.29
< 7)
\\$73,532,757.79 |\n|------------------------------------------|---------------------------------------------------------------------------------------------|-----------------------------------------------------|------------------------------------------------------------------------------|----------------------------------------------------------------------------------|\n| CREDITS
Number | Date
0 2-2 8 | Transaction Description
Interest Credit | | Additions
230,592.30 |\n| DEBITS | | | | |\n| Date | Transaction Description | | | Subtractions |\n| 02-24 | Outgoing Fx Ccy | Fx ouT w1RE 101506973 1 1 BK EST Ho wAN KWOK | | -13,897.52 |\n| 02-24 | Service Charge | ouTGO1NG Fxccvw1 | | -40.00 |\n| 02-24 | Outgoing Wire
oxx325sP0000233s KROLL LLc 026009593 REF. 1N RE KWOK 44 ,97577 FOR KROLL P | | | -44,975.77 |\n| 02-24
Service Charge
ouTGO1NG w1RE | | | -40.00 | |\n\n| 02-25 | Outgoing Wire | oxx3259P00002292 sAGE-POPovicH 1Nc 211914011 REF. 1N RE KWOK. 1 5,000.00 | |\n|-------|-----------------------|--------------------------------------------------------------------------|---------------|\n| | | FOR SAGE | -15,000.00 |\n| | 02-25 Service Charge | ouTGO1NG w1RE | -40.00 |\n| | 02-25 Onln 8kg Trfn D | To Ace 0550002os46 | -1,000,000.00 |\n| | | | |\n\n### **DAILY BALANCES**\n\n| Date | Amount | Date | Amount | Date | Amount |\n|-----------|---------------|-------|----------------|------|--------|\n| -31
01 | 74,376,158.78 | 02-25 | 73,302, 165.49 | | |\n| 02-24 | 74,317,205.49 | 02-28 | 73,532,757.79 | | |\n| | | | | | |\n\n#### **INTEREST INFORMATION**\n\n| Annual percentage yield earned | | 4. 13% Interest-bearing days | 28 |\n|--------------------------------|-----------------|------------------------------|--------------|\n| Average balance for APY | \\$74,220,625.69 | Interest earned | \\$230,592.30 |\n\n\n\n**ACCOUNT STATEMENT** Case 22-50073 Doc 4244 Filed 03/21/25 Entered 03/21/25 12:35:42 Page 24 of 24\n\n9300 Flair Dr., 1 St FL El Monte, CA. 91731\n\nPage 2 of 2 STARTING DATE: February 01, 2025 ENDING DATE: February 28, 2025\n\nBK EST/HO WAN KWOK DEBTOR\n\n### **OVERDRAFT/RETURN ITEM FEES**\n\n| | Total for
this period | Total
year-to-date |\n|--------------------------|--------------------------|-----------------------|\n| Total Overdraft Fees | \\$0.00 | \\$0.00 |\n| Total Returned Item Fees | \\$0.00 | \\$0.00 |","body_zh":null,"key_entities":["Kwok","Ho Wan Kwok","HCHK","Despins","Paul Hastings","Je"],"ecf_references":[{"doc_number":2193,"court":"CTB"}],"word_count":9090,"status":"published","published_at":"2025-03-21 00:00:00","created_at":"2025-03-21","updated_at":"2026-07-07 08:22:09"}