{"id":"court_ctb_441_3","court":"CTB","case_no":"22-50073","doc_number":441,"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|                       |     | 22-50073                   |  |\n|-----------------------|-----|----------------------------|--|\n| Ho Wan Kwok<br>IN RE: |     |                            |  |\n|                       |     |                            |  |\n|                       | UCC | 3                          |  |\n|                       |     |                            |  |\n|                       |     | 5/25/2022 Admitted in Full |  |\n|                       |     | P.E.                       |  |\n|                       |     |                            |  |\n|                       |     |                            |  |\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 3 441-3 05/25/22 05/26/22 15:59:53\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 3 441-3 05/25/22 05/26/22 15:59:53\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":"物证 UCC-3\n\nGenever Holding, LLC（Genever控股有限责任公司）关于以下事项的综合第二次重新提出的动议：(i) 批准与 Bravo Luck 及 PAX 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的出售事务官，案涉案件为纽约南区美国破产法院受理的 In re Genever Holdings, LLC，案号 20-12411 (JLG)\n\n22-50073\n\nHo Wan Kwok（郭文贵）\n关于：\n\nUCC 3\n\n5/25/2022 全部采纳为证据\nP.E.\n\n20-12411-jlg 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 441-3 05/25/22 05/26/22 15:59:53\n\nUnited States Bankruptcy Court Southern District of New York（美国纽约南区破产法院）\n--------------------------------------------------------x\n关于：\nChapter 11（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的裁定\n\n鉴于债务人 Genever Holdings LLC（“债务人”）重新提出的动议（ECF No 131）（“重新提出的动议”），该动议寻求批准债务人、Pacific Alliance Asia Opportunity Fund L.P.（太平洋联盟亚洲机会基金有限合伙，“PAX”）与 Bravo Luck Limited（“Bravo Luck”）之间的特定和解协议（ECF No. 62）；且鉴于 Office of the U.S. Trustee（美国受托人办公室）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 就 UST 异议提交的补充答复（ECF Nos. 76, 81, 83, 95, 96, 97, 99, 104, 105 及 106）；且下署法官已主持进行了一系列听证会；且基于在这些听证会上汇编的记录；且法院已审议了 UST 异议；且鉴于 2021年9月1日的决定（“2021年9月1日决定”），下署法官在其中认定重述和解协议符合合理性标准，并获得第11章案件中债权人和主要利益相关方的支持，但由于涉及拟聘请 Melanie L. Cyganowski 律师及其所属事务所 Otterbourg, P.C. 的某些方面的问题，驳回了重新提出的动议；且此后，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（美国受托人）的反对意见，且美国受托人对修订后和解协议以及聘请 Melanie L. Cyganowski 担任债务人出售事务官的条款已不再持有任何异议；\n20-12411-jlg 文件 141 提交于 10/08/21 录入于 10/08/21 14:04:00 主文件 第 2 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 3 页，共 3 页 441-3 05/25/22 05/26/22 15:59:53\n\n且法院已同意通过提交通知程序考虑最终批准重新提出的和解；且基于在历次听证会上汇编的全部记录；且存在充足的正当理由；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予。\n\n2. 修订后和解协议在所有方面均予以批准，并应在本裁定录入后立即生效。\n\n3. 债务人拟聘请 Melanie L. Cyganowski 担任出售事务官之事宜，应通过另行下达的裁定予以批准，该裁定将予以送达通知并与本裁定同时录入。\n\n4. UST（美国受托人）要求指定运营受托人的动议无限期休庭。\n\n5. 准予解除自动中止救济，以允许 PAX 在目前挂起于 New York Supreme Court（纽约州最高法院）、案卷号为 652077/2017 的州法院诉讼（“州法院诉讼”）中继续进行起诉，并允许债务人进行抗辩；但在所有其他方面（包括涉及执行或收取在州法院诉讼中针对债务人作出的任何判决方面），自动中止应继续保持有效，直至破产法院在进一步通知所有当事方后作出进一步裁定为止。\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获得批准而失去意义，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. 法官阁下","key_entities":["Je","Kwok","Ho Wan Kwok"],"ecf_references":[{"doc_number":62,"court":"CTB"},{"doc_number":64,"court":"CTB"},{"doc_number":131,"court":"CTB"},{"doc_number":141,"court":"CTB"},{"doc_number":406,"court":"CTB"}],"word_count":732,"status":"published","published_at":"2021-10-08 00:00:00","created_at":"2021-10-08","updated_at":"2026-08-23 12:31:49"}