{"id":"court_ctb_4272_0","court":"CTB","case_no":"22-50073","doc_number":4272,"sub_number":0,"doc_type":"PETITION","filed_date":"2025-03-27","title":"|","summary_zh":null,"summary_en":null,"body_en":"| | UNITED STATES BANKRUPTCY COURT | |\n|-------------------------------------------------------------------------------------------------------------------------|--------------------------------|---------------------------------------------------|\n| | DISTRICT OF | Connecticut |\n| | Bridgeport Division | |\n| In Re.
Genever Holdings LLC | §
§
§ | Case No.
22-50592
Lead Case No.
22-50073 |\n| Debtor(s) | § | Jointly Administered |\n| Monthly Operating Report | | Chapter 11 |\n| Reporting Period Ended:
02/28/2025 | | Petition Date:
10/12/2020 |\n| Months Pending:
53 | | Industry Classification:
5
3
1
3 |\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| 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\n| Statement of cash receipts and disbursements |\n|--------------------------------------------------------------------------------------------------------------|\n| 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| 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\n03/24/2025\n\nDate\n\nSignature of Responsible Party Printed Name of Responsible Party Luc A. Despins, as holder of proxy from Genever Holding\n\n> Address Paul Hastings, 200 Park Ave., 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\n# Case 22-50073 Doc 4272 Filed 03/27/25 Entered 03/27/25 10:08:55 Page 2 of 16\n\nDebtor's Name Genever Holdings LLC Case No. 22-50592\n\n| | Part 1: Cash Receipts and Disbursements | Current Month | Cumulative |\n|----|---------------------------------------------------------------------------------------------------------------------------|----------------|------------------|\n| a. | Cash balance beginning of month | \\$39,695 | |\n| b. | Total receipts (net of transfers between accounts) | \\$0 | \\$0 |\n| c. | Total disbursements (net of transfers between accounts) | \\$0 | \\$95,341 |\n| d. | Cash balance end of month (a+b-c) | \\$39,695 | |\n| e. | Disbursements made by third party for the benefit of the estate | \\$112,111 | *
\\$5,195,576 |\n| f. | Total disbursements for quarterly fee calculation (c+e) | \\$112,111 | \\$5,290,917 |\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 | \\$528,629 | |\n| e. | Total assets | \\$71,528,629 | |\n| f. | Postpetition payables (excluding taxes) | \\$0 | |\n| g. | Postpetition payables past due (excluding taxes) | \\$0 | |\n| h. | Postpetition taxes payable | \\$0 | |\n| | | | |\n| i. | Postpetition taxes past due | \\$0 | |\n| j. | Total postpetition debt (f+h) | \\$0 | |\n| k. | Prepetition secured debt | \\$775,678 | |\n| l. | Prepetition priority debt | \\$0 | |\n| m. | Prepetition unsecured debt | \\$195,300,000 | |\n| n. | Total liabilities (debt) (j+k+l+m) | \\$196,075,678 | |\n| o. | Ending equity/net worth (e-n) | \\$-124,547,049 | |\n| | Part 3: Assets Sold or Transferred | Current Month | Cumulative |\n| a. | Total cash sales price for assets sold/transferred outside the ordinary
course of business | \\$0 | \\$0 |\n| b. | Total payments to third parties incident to assets being sold/transferred | | |\n| | outside the ordinary course of business | \\$0 | \\$0 |\n| c. | Net cash proceeds from assets sold/transferred outside the ordinary
course of business (a-b) | \\$0 | \\$0 |\n| | | | |\n| | Part 4: Income Statement (Statement of Operations)
(Not generally applicable to Individual Debtors. See Instructions.) | Current Month | Cumulative |\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| h. | Interest | \\$0 | |\n| i. | Taxes (local, state, and federal) | \\$0 | |\n| j. | Reorganization items | \\$0 | |\n\nk. Profit (loss) \\$0 \\$0\n\n# Case 22-50073 Doc 4272 Filed 03/27/25 Entered 03/27/25 10:08:55 Page 3 of 16\n\nDebtor's Name Genever Holdings LLC Case No. 22-50592\n\n| | | | Approved
Current Month | Approved
Cumulative | Paid Current
Month | Paid
Cumulative |\n|--------|--------------------------------------------------------------------|------|---------------------------|------------------------|-----------------------|--------------------|\n| | Debtor's professional fees & expenses (bankruptcy) Aggregate Total | | \\$17,975 | \\$283,900 | \\$17,975 | \\$283,900 |\n| | Itemized Breakdown by Firm | | | | | |\n| | Firm Name | Role | | | | |\n| i | Neubert, Pepe & Monteith, PC. Co-Counsel | | \\$0 | \\$20,793 | \\$0 | \\$20,793 |\n| ii | O'Sullivan McCormack Jensen Co-Counsel | | \\$17,975 | \\$263,107 | \\$17,975 | \\$263,107 |\n| iii | | | | | | |\n| iv | | | | | | |\n| v | | | | | | |\n| vi | | | | | | |\n| vii | | | | | | |\n| viii | | | | | | |\n| ix | | | | | | |\n| x | | | | | | |\n| xi | | | | | | |\n| xii | | | | | | |\n| xiii | | | | | | |\n| xiv | | | | | | |\n| xv | | | | | | |\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\nUST Form 11-MOR (12/01/2021) 3\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\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 | | | |\n| | | Itemized Breakdown by Firm | | | | | |\n| | | Firm Name | Role | | | | |\n| | i | | | | | | |\n| | | | | \\$0 | | | |\n| | ii | | | | | | |\n| | iii | | | | | | |\n| | iv | | | | | | |\n| | v | | | | | | |\n| | vi | | | | | | |\n| | vii | | | | | | |\n| | viii | | | | | | |\n| | ix | | | | | | |\n| | x | | | | | | |\n| | xi | | | | | | |\n| | xii | | | | | | |\n| | xiii
xiv | | | | | | |\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# Case 22-50073 Doc 4272 Filed 03/27/25 Entered 03/27/25 10:08:55 Page 8 of 16\n\n| | xcix | | | | | |\n|----|----------------------------------------------------------|--|-----|--|--|--|\n| | c | | | | | |\n| c. | All professional fees and expenses (debtor & committees) | | \\$0 | | | |\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. | without court approval? (if yes, see Instructions) | Were any payments made outside the ordinary course of business | 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. | Do you have: | Worker's compensation insurance? | 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? | No
N/A
Yes |\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, as holder of proxy of Genever Holdings\n\nPrinted Name of Responsible Party\n\n03/24/2025\n\n\n\n\n\n\n\nPageFour\n\n# \\*Part 1(e): Cash Receipts and Disbursements:\n\nManagement fees paid to Sherry Netherland from security deposit maintained by Sherry Netherland, in the amount of \\$93,844.92, in February 2025.\n\nLLC, as Debtor-in-Possession, to obtain post-petition financing, a payment of \\$291.72 was made to Burnham Nationwide, Inc. for services from the estate of Ho Wan Kwok, case number 22- 50073, in February 2025.\n\n# \\*\\*Part 5(a): Professional Fees and Expenses:\n\nIn accordance with the Court's order dated September 12, 2023, authorizing Genever Holdings LLC, as Debtor-in-Possession, to obtain post-petition financing, a payment in the amount of \\$17,974.50 was made to O'Sullivan McCormack Jensen & Bliss PC, special counsel for Genever Holdings LLC, for approved fees from the estate of Ho Wan Kwok, case number 22-50073, in February 2025.\n\n| Case 22-50073
Doc 4272 | Filed 03/27/25 | Entered 03/27/25 10:08:55 | Page 14 of 16
XXXXXXXXXXXX9910 | |\n|-------------------------------------------|----------------|-----------------------------|-----------------------------------|---|\n| PO BOX 911039
San Diego, CA 92191-1039 | FEBRUARY 2025 | | XXXXXXXXXXXX9910 | 1 |\n| | | INDIVIDUAL SUMMARY ANALYSIS | | |\n\n GENEVER HOLDINGS LLC CASE# 22-50592 200 PARK AVENUE NEW YORK NY 10166\n\n| Officer: | Commercial Banking | Statement Date: | 3/14/25 |\n|----------------------------------|--------------------|--------------------------|---------|\n| Telephone Number: (844) 205-0249 | | Days In Statement Cycle: | 28 |\n| Branch Number: | 15 | Small Business Banking | |\n| | | | |\n| | | | |\n\n| Service Provided | Activity | Item
Price | Activity
Charge | Balance
Required |\n|------------------------------------------------------------------------------------------------------------------------------------|----------|---------------|--------------------|---------------------|\n| _________________________________________________________________________________________________
Small Business TM Maintenance | | | | |\n\n\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n This account is linked with other related accounts for Service Charge Calculation.\n\n Any applicable Service Charge will be assessed to primary account number XXXXXXXXXXXX9910\n\n| Case 22-50073
Doc 4272 | Filed 03/27/25 | Entered 03/27/25 10:08:55 | Page 15 of 16
XXXXXXXXXXXX9910 | |\n|---------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------|-----------------------------------|---|\n| PO BOX 911039
San Diego, CA 92191-1039 | FEBRUARY 2025 | | XXXXXXXXXXXX9910 | 1 |\n| | | GROUP SUMMARY ANALYSIS | | |\n| GENEVER HOLDINGS LLC
CASE# 22-50592
200 PARK AVENUE
NEW YORK NY 10166 | | | | |\n| Officer:
Commercial Banking
Telephone Number: (844) 205-0249
Branch Number:
15 | | Statement Date:
Days In Statement Cycle:
Small Business Banking | 3/14/25
28 | |\n| Average Ledger Balance
Less Average Float
Average Collected Balance
Less Required Reserves | Average Negative Collected Balance
Average Positive Collected Balance
Balances Available for Earnings Credit | 39,694.56
.00
39,694.56
.00
39,694.56
.00
39,694.56 | | |\n| _________________________________________________________________________________________________
Earnings Credit On
Negative Balance Service Charge On | | \\$39,694.56
at
.000000%
\\$.00 | .00 | |\n| Net Earnings Credit | | at
.000000% | .00
.00 | |\n\n \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ Item Activity Balance Service Provided Activity Price Charge Required \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ Deposit Services Small Business TM Maintenance .00 \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ Total Services and Required Balances .00 \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_ Current Month Net Excess .00 \\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\nCurrent Net Profit .00\n\nAnalysis Includes Activity From These Accounts:\n\nXXXXXXXXXXXX9910\n\n# **UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION**\n\n| | x | |\n|-----------------------|-------------|--------------------------------------------------------|\n| In re: | :
: | Chapter 11 |\n| GENEVER HOLDINGS LLC, | :
: | Case No. 22-50592 (JAM) |\n| Debtor. | :
:
: | Jointly administered under
Lead Case 22-50073 (JAM) |\n| | x | |\n\n# **ATTACHMENT TO MONTHLY OPERATING REPORT FOR THE PERIOD ENDING FEBRUARY 28, 2025**\n\nThis attachment is incorporated into and made a part of the Monthly Operating Report (\"MOR\") of Genever Holdings LLC (the \"Debtor\").\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 next to answers. Accordingly, as presented, certain responses may be inapplicable or incomplete. This attachment is being filed as an integral part of the MOR.\n- 2. The Debtor has been under the control of Luc A. Despins, in his capacity as chapter 11 trustee (the \"Trustee\") in the case of Ho Wan Kwok, as holder of a proxy from Genever Holdings Corporation, since September 2022. Information herein reflects the information available to the Trustee as of the date of the filing of this MOR but is subject to revision based on the Trustee's ongoing investigation and review of claims. For example, the amount of prepetition debt reported in Part 2 of the MOR, derived from the Debtor's schedules of assets and liabilities filed on November 3, 2020 (the \"Schedules\"), may be adjusted based on the disallowance of certain claims or the allowance of claims filed in connection with the reopened claims filing process with respect to which the claims bar date was set for February 17, 2023. Moreover, the value of the apartment at the Sherry Netherland Hotel, which the Debtor believes is its primary asset, may in reality be significantly lower than the amount reported in Part 2 of the MOR. In particular, the value of the apartment may be a fraction of the amount reported in Part 2 of the MOR given the fire that occurred in the apartment on March 15, 2023. The Trustee makes no representation as to the current market value of the Debtor's assets\n- 3. The Trustee reserves the rights to amend, modify or supplement this MOR or update it in future MORs.","body_zh":"美国破产法院（UNITED STATES BANKRUPTCY COURT）\n\n康涅狄格州地区（DISTRICT OF Connecticut）\n布里奇波特分院\n关于：\nGenever Holdings LLC（Genever Holdings有限责任公司） §\n§\n§ 案号\n22-50592\n主案案号\n22-50073\n债务人 § 合并管理\n月度经营报告 Chapter 11\n报告期截止日：\n02/28/2025 申请日期：\n10/12/2020\n待决月数：\n53 行业分类：\n\n报告方法： 权责发生制 现金制\n债务人的全职雇员（当前）： 0\n债务人的全职雇员（截至救济令日期）： 0\n支持性文件（勾选所有随附文件）：\n（对于合并管理的债务人，任何必需的附表必须按每一债务人非合并的基础提供）\n\n现金收入和支出报表\n\n载明资产、负债及权益（净值）或亏损汇总和明细的资产负债表\n经营报表（利润或亏损报表）\n应收账款账龄\n申请后负债账龄\n资本资产报表\n向专业人士付款明细表\n向内部人士付款明细表\n报告期内的所有银行对账单及银行调节表\n已出售或转让资产及出售或转让条款的说明\n\n/s/ Luc A. Despins（卢克·A·德斯平斯）\n\n03/24/2025\n\n日期\n\n负责人签名 负责人印刷体姓名 Luc A. Despins，作为Genever Holding的代理权持有人\n\n> 地址：Paul Hastings（保尔·黑斯廷斯律师事务所），200 Park Ave., New York, NY 10166\n\n声明：本定期报告与一宗尚未结案的破产案件有关；因此，适用《文书工作减负法》豁免规定 5 C.F.R. § 1320.4(a)(2)。\n案件 22-50073 文件 4272 提交于 03/27/25 录入于 03/27/25 10:08:55 第 2 页，共 16 页\n\n债务人名称 Genever Holdings LLC 案号 22-50592\n\n第1部分：现金收入和支出 当月 累计\n\na. 月初现金余额 $39,695\nb. 收入总额（扣除账户间转账） $0 $0\nc. 支出总额（扣除账户间转账） $0 $95,341\nd. 月末现金余额（a+b-c） $39,695\ne. 第三方为破产财产利益而支付的支出 $112,111 *\n$5,195,576\nf. 用于计算季度费用的支出总额（c+e） $112,111 $5,290,917\n\n第2部分：资产和负债状况\n（通常不适用于个人债务人。见说明。） 当月\na. 应收账款（扣除备抵后的总额） $0\nb. 逾期超过90天的应收账款（扣除备抵后） $0\nc. 存货\n（账面价值\n市场价值\n其他\n（附说明）） $0\nd 流动资产总额 $528,629\ne. 资产总额 $71,528,629\nf. 申请后应付账款（不含税款） $0\ng. 逾期的申请后应付账款（不含税款） $0\nh. 应付申请后税款 $0\n\ni. 逾期申请后税款 $0\nj. 申请后债务总额（f+h） $0\nk. 申请前有担保债务 $775,678\nl. 申请前优先债务 $0\nm. 申请前无担保债务 $195,300,000\nn. 负债（债务）总额（j+k+l+m） $196,075,678\no. 期末权益／净值（e-n） $-124,547,049\n\n第3部分：已出售或转让的资产 当月 累计\na. 在正常营业过程之外出售／转让资产的现金销售价格总额 $0 $0\nb. 因在正常营业过程之外出售／转让资产而向第三方支付的款项总额 $0 $0\nc. 在正常营业过程之外出售／转让资产的净现金收益（a-b） $0 $0\n\n第4部分：损益表（经营报表）\n（通常不适用于个人债务人。见说明。） 当月 累计\na. 总收入／销售额（扣除退货及折让） $0\nb. 销售成本（包括折旧，如适用） $0\nc. 毛利（a-b） $0\nd. 销售费用 $0\ne. 一般及行政费用 $0\nf. 其他费用 $0\ng. 折旧及／或摊销（未计入4b） $0\nh. 利息 $0\ni. 税款（地方、州及联邦） $0\nj. 重组项目 $0\n\nk. 利润（亏损） $0 $0\n案件 22-50073 文件 4272 提交于 03/27/25 录入于 03/27/25 10:08:55 第 3 页，共 16 页\n\n债务人名称 Genever Holdings LLC 案号 22-50592\n\n已批准\n当月 已批准\n累计 当月已付 累计已付\n\n债务人专业费用及开支（破产）合计 $17,975 $283,900 $17,975 $283,900\n按律所列示的明细\n律所名称 角色\ni Neubert, Pepe & Monteith, PC.（纽伯特、佩佩及蒙蒂斯律师事务所） 共同代理律师 $0 $20,793 $0 $20,793\nii O'Sullivan McCormack Jensen（奥沙利文·麦考马克·延森律师事务所） 共同代理律师 $17,975 $263,107 $17,975 $263,107\niii\niv\nv\nvi\nvii\nviii\nix\nx\nxi\nxii\nxiii\nxiv\nxv\nxvi\nxvii\nxviii\nxix\nxx\nxxi\nxxii\nxxiii\nxxiv\nxxv\nxxvi\nxxvii\nxxviii\nxxix\nxxx\nxxxi\nxxxii\nxxxiii\nxxxiv\nxxxv\nxxxvi\n\nUST Form 11-MOR (12/01/2021) 3\n\nxxxvii\n\nxxxvii\nxxxix\nxl\nxli\nxlii\nxliii\nxliv\nxlv\nxlvi\nxlvii\nxlviii\nxlix\nl\nli\nlii\nliii\nliv\nlv\nlvi\nlvii\nlviii\nlix\nlx\nlxi\nlxii\nlxiii\nlxiv\nlxv\nlxvi\nlxvii\nlxviii\nlxix\nlxx\nlxxi\nlxxii\nlxxiii\nlxxiv\nlxxv\nlxxvi\nlxxvii\nlxxvii\n\nlxxix\n\nlxxx\nlxxxi\nlxxxii\nlxxxii\nlxxxiv\nlxxxv\nlxxxvi\nlxxxvi\nlxxxvi\nlxxxix\nxc\nxci\nxcii\nxciii\nxciv\nxcv\nxcvi\nxcvii\nxcviii\nxcix\nc\nci\n已批准 已批准 当月已付 累计已付\n当月 累计 月 累计\nb. 债务人专业费用及开支（非破产）合计 $0\n按律所列示的明细\n律所名称 角色\ni\n$0\nii\niii\niv\nv\nvi\nvii\nviii\nix\nx\nxi\nxii\nxiii\nxiv\n\nxv\n\nxvi\nxvii\nxviii\nxix\nxx\nxxi\nxxii\nxxiii\nxxiv\nxxv\nxxvi\nxxvii\nxxviii\nxxix\nxxx\nxxxi\nxxxii\nxxxiii\nxxxiv\nxxxv\nxxxvi\nxxxvii\nxxxvii\nxxxix\nxl\nxli\nxlii\nxliii\nxliv\nxlv\nxlvi\nxlvii\nxlviii\nxlix\nl\nli\nlii\nliii\nliv\nlv\nlvi\n\nlvii\n\nlviii\nlix\nlx\nlxi\nlxii\nlxiii\nlxiv\nlxv\nlxvi\nlxvii\nlxviii\nlxix\nlxx\nlxxi\nlxxii\nlxxiii\nlxxiv\nlxxv\nlxxvi\nlxxvii\nlxxvii\nlxxix\nlxxx\nlxxxi\nlxxxii\nlxxxii\nlxxxiv\nlxxxv\nlxxxvi\nlxxxvi\nlxxxvi\nlxxxix\nxc\nxci\nxcii\nxciii\nxciv\nxcv\nxcvi\nxcvii\nxcviii\n案件 22-50073 文件 4272 提交于 03/27/25 录入于 03/27/25 10:08:55 第 8 页，共 16 页\n\nxcix\n\nc\nc. 所有专业费用及开支（债务人及委员会） $0\n\n第6部分：申请后税款 当月 累计\n\na. 应计申请后所得税（地方、州及联邦） $0 $0\nb. 已付申请后所得税（地方、州及联邦） $0 $0\nc. 应计申请后雇主工资税 $0 $0\nd. 已付申请后雇主工资税 $0 $0\ne. 已付申请后财产税 $0 $0\nf. 应计申请后其他税款（地方、州及联邦） $0 $0\ng. 已付申请后其他税款（地方、州及联邦） $0 $0\n\n第7部分：问卷——在本报告期内：\na. 是否对申请前债务作出任何付款？（如是，见说明） 是 否\nb. 是否未经法院批准，在正常营业过程之外作出任何付款？（如是，见说明） 是 否\nc. 是否向内部人士或代表内部人士作出任何付款？ 是 否\nd. 您是否按时提交申请后纳税申报表？ 是 否\ne. 您是否按时支付申请后预估税款？ 是 否\nf. 所有信托基金税款是否均按时缴付？ 是 否\ng. 除贸易信贷外，是否有任何申请后借款？\n（如是，见说明） 是 否\nh. 向专业人士或代表专业人士作出的所有付款是否均经法院批准？ 是 否\n不适用\ni. 您是否有： 工伤保险？ 是 否\n如有，您的保费是否按时缴纳？ 是 否\n不适用 （如否，见说明）\n意外事故／财产保险？ 是 否\n如有，您的保费是否按时缴纳？ 是 否\n不适用 （如否，见说明）\n一般责任保险？ 是 否\n如有，您的保费是否按时缴纳？ 是 否\n不适用 （如否，见说明）\nj. 是否已向法院提交重组计划？ 是 否\nk. 是否已向法院提交披露声明？ 是 否\nl. 您是否按时缴纳根据 28 U.S.C. § 1930 规定的季度美国受托人费用？ 是 否\n\n第8部分：个人Chapter 11债务人（仅限）\n\na. 工资及薪金的总收入（收入款项） $0\nb. 自营职业的总收入（收入款项） $0\nc. 所有其他来源的总收入 $0\nd. 报告期内总收入（a+b+c） $0\ne. 工资扣除额 $0\nf. 自营职业相关费用 $0\ng. 生活费用 $0\nh. 所有其他费用 $0\ni. 报告期内费用总额（e+f+g+h） $0\nj. 总收入与总费用之间的差额（d-i） $0\nk. 列明所有逾期申请后债务的总额 $0\nl. 您是否须支付 11 U.S.C § 101(14A) 所定义的任何家庭扶养义务？ 是\n否\nm. 如是，您是否已支付所有家庭扶养义务款项？ 否\n不适用\n是\n\n《隐私法》声明\n\n28 U.S.C. § 589b 授权收集此信息，且根据 11 U.S.C. §§ 704、1106 和 1107，提供此信息为强制性要求。美国受托人将使用此信息计算 28 U.S.C. § 1930(a)(6) 规定的法定费用评定。美国受托人还将使用此信息评估Chapter 11债务人在破产制度中的进展情况，包括重组计划获确认的可能性以及案件是否以善意推进。当为履行受托人或审查员职责而需要该信息时，该信息可向破产受托人或审查员披露；当该信息表明存在违法或潜在违法行为时，该信息可向适当的联邦、州、地方、监管、部落或外国执法机构披露。为常规目的还可作出其他披露。关于可能作出的常规披露类型，您可查阅美国受托人执行办公室系统记录通知 UST-001，即“破产案件档案及相关记录”。见 71 Fed. Reg. 59,818 et seq. (Oct. 11, 2006)。该通知副本可通过以下链接取得：htt www.justice.gov/ust/eo/rules_regulations/index.htm。未提供此信息可能导致您的破产案件被驳回或转换，或美国受托人采取其他行动。11 U.S.C. § 1112(b)(4)(F)。\n\n本人在伪证处罚的约束下声明，上述月度经营报告及其支持性文件真实、准确，且本人已获授权代表破产财产签署本报告。\n\n/s/ Luc A. Despins\n\n负责人签名\n\nChapter 11受托人\n\n职务 日期\n\nLuc A. Despins，作为Genever Holdings的代理权持有人\n\n负责人印刷体姓名\n\n03/24/2025\n\n第4页\n*第1部分(e)：现金收入和支出：\n\n2025年2月，从Sherry Netherland（谢里·内瑟兰）持有的保证金中，向Sherry Netherland支付管理费，金额为 $93,844.92。\n\n为使作为占有中债务人的Genever Holdings LLC获得申请后融资，2025年2月，针对Ho Wan Kwok（郭文贵）的破产财产，案号 22- 50073，向Burnham Nationwide, Inc.（伯纳姆全国公司）支付 $291.72，作为服务费用。\n**第5部分(a)：专业费用和开支：\n\n根据法院于 September 12, 2023 作出的命令，该命令授权作为占有中债务人的Genever Holdings LLC获得申请后融资，2025年2月，针对Ho Wan Kwok的破产财产，案号 22-50073，向Genever Holdings LLC的特别代理律师 O'Sullivan McCormack Jensen & Bliss PC（奥沙利文·麦考马克·延森及布利斯律师事务所）支付 $17,974.50，作为已批准费用。\n\n案件 22-50073\n文件 4272 提交于 03/27/25 录入于 03/27/25 10:08:55 第 14 页，共 16 页\nXXXXXXXXXXXX9910\n\nPO BOX 911039\nSan Diego, CA 92191-1039 FEBRUARY 2025 XXXXXXXXXXXX9910 1\n个人汇总分析\n\nGENEVER HOLDINGS LLC 案件号 22-50592 200 PARK AVENUE NEW YORK NY 10166\n\n主管： 商业银行业务 对账单日期： 3/14/25\n\n电话号码：(844) 205-0249 对账单周期天数： 28\n分行编号： 15 小企业银行业务\n\n提供的服务 活动 项目\n价格 活动\n收费 所需余额\n\n小企业 TM 维护\n\n_____________________________________________________________________________________________________________________________\n\n本账户与其他相关账户关联，用于计算服务费。\n\n任何适用的服务费将计入主账户号码 XXXXXXXXXXXX9910\n\n案件 22-50073\n文件 4272 提交于 03/27/25 录入于 03/27/25 10:08:55 第 15 页，共 16 页\nXXXXXXXXXXXX9910\nENGLISH\n\n邮政信箱 911039\nSan Diego, CA 92191-1039 FEBRUARY 2025 XXXXXXXXXXXX9910 1\n集团汇总分析\nGENEVER HOLDINGS LLC（Genever Holdings有限责任公司）\n案件编号：22-50592\n200 PARK AVENUE\nNEW YORK NY 10166\n经办人员：\n商业银行业务\n电话号码：(844) 205-0249\n分行编号：\n15 对账单日期：\n对账周期天数：\n小型企业银行业务 3/14/25\n\n平均账面余额\n减：平均在途资金\n平均已收款余额\n减：法定准备金 平均负已收款余额\n平均正已收款余额\n可用于收益抵免的余额 39,694.56\n.00\n39,694.56\n.00\n39,694.56\n.00\n39,694.56\n\n收益抵免计于\n负余额服务费计于 \\$39,694.56\n按\n.000000%\n\\$.00 .00\n净收益抵免 按\n.000000% .00\n.00\n\n项目活动 余额 所提供服务 活动价格 所需收费\n存款服务 小型企业TM维护 .00\n服务及所需余额合计 .00\n本月净超额 .00\n\n本期净利润 .00\n\n分析包括以下账户的活动：\n\nXXXXXXXXXXXX9910\nUNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION（美国康涅狄格州联邦破产法院布里奇波特分院）\n\nx\n\n关于： ：\n： 第11章\nGENEVER HOLDINGS LLC（Genever Holdings有限责任公司）， ：\n： 案件编号：22-50592 (JAM)\n债务人。 ：\n：\n： 与以下主案共同管理\n主案 22-50073 (JAM)\nx\n截至2025年2月28日期间的月度经营报告附件\n\n本附件被纳入并构成Genever Holdings LLC（以下简称“债务人”）月度经营报告（“MOR”）的一部分。\n\n一般免责声明\n\n1. MOR采用美国受托人执行办公室于2021年颁布的表格。本表格在许多情况下要求即使某一项目不适用，也须为该项目填入数字。该表格也不允许在答案旁插入说明。因此，如所呈列，某些答复可能不适用或不完整。本附件作为MOR的组成部分提交。\n\n2. 自2022年9月起，债务人一直由Luc A. Despins（卢克·A·德斯平斯）控制，其以Ho Wan Kwok（郭文贵）案件中的第11章受托人（以下简称“受托人”）身份，持有Genever Holdings Corporation的代理权。本文件所载信息反映截至提交本MOR之日受托人可获得的信息，但可能根据受托人正在进行的调查及对债权的审查予以修订。例如，MOR第2部分所报告的破产申请前债务金额，源自债务人于November 3, 2020提交的资产和负债清单（以下简称“清单”），可能会因不予认可某些债权，或认可与重新开放的债权申报程序相关提交的债权而作出调整；该程序的债权申报截止日期定为February 17, 2023。此外，债务人认为是其主要资产的Sherry Netherland Hotel公寓的价值，实际上可能显著低于MOR第2部分所报告的金额。特别是，鉴于该公寓于March 15, 2023发生火灾，该公寓的价值可能仅为MOR第2部分所报告金额的一小部分。受托人不就债务人资产的当前市场价值作出任何陈述\n\n3. 受托人保留修订、修改或补充本MOR，或在未来的MOR中更新本MOR的权利。","key_entities":["Despins","Kwok","Ho Wan Kwok","Je","Paul Hastings"],"ecf_references":[],"word_count":4382,"status":"published","published_at":"2025-03-27 00:00:00","created_at":"2025-03-27","updated_at":"2026-08-23 20:17:35"}