{"id":"court_ctb_921_0","court":"CTB","case_no":"22-50073","doc_number":921,"sub_number":0,"doc_type":"ORDER","filed_date":null,"title":"In re Ho Wan Kwok,* **Chapter 11 Case No. 22-50073 (JAM) REPORT OF CHAPTER 11 TRUSTEE FOR SEPTEMBER 27, 2022 STATUS CONF","summary_zh":null,"summary_en":null,"body_en":"# *In re Ho Wan Kwok,* **Chapter 11 Case No. 22-50073 (JAM)**\n\n## **REPORT OF CHAPTER 11 TRUSTEE FOR SEPTEMBER 27, 2022 STATUS CONFERENCE**\n\nDisclaimer: This presentation is based on preliminary observations of the Chapter 11 Trustee based on information available at this time and remains subject to ongoing review and investigation. Accordingly, the information contained herein remains subject to material changes. In addition, certain sections reflect the Chapter 11 Trustee's views on legal issues and no assurances can be given that the Court (or any other court) would agree with the Chapter 11 Trustee's views on such legal issues.\n\n## **A. UPDATE ON HK USA ADVERSARY PROCEEDING**\n\n### **1. Trustee's Counterclaims and Prejudgment Remedy Application**\n\n- On Friday, September 23, 2022, the Trustee filed his answer and counterclaims [Docket No. 36 in Adv. Proc. No. 22-05003] (the \"Counterclaims\") in the adversary proceeding filed by HK USA seeking a declaration that it (and not the estate) is the owner of the Lady May.\n\t- The Counterclaims assert, among other things, that HK USA is an *alter ego* of the Debtor and that all assets purportedly belonging to HK USA, including the Lady May and HK USA's interest and/or rights in the \\$37 million currently in escrow with U.S. Bank (the \"Escrowed Funds\") pursuant to the Lady May stipulated order [Main Case Docket No. 299] (the \"Lady May Stipulated Order\"), are in fact property of the estate.\n- In connection with the Counterclaims, the Trustee also filed:\n\t- A prejudgment remedy application (the \"Prejudgment Remedy Application\") with respect to, among other things, the Lady May and the Escrowed Funds, along with a memorandum of law in support of such application [Docket Nos. 37-38 in Adv. Proc. 22-05003]; and\n\t- A motion for the expedited consideration of the Prejudgment Remedy Application at the hearing scheduled for October 7, 2022 (the \"October 7 Hearing\") [Docket No. 39 in Adv. Proc. 22-05003].\n\t- Trustee has requested that the Court set the deadline to object to the Prejudgment Remedy Application for October 3.\n\n## **A. UPDATE ON HK USA ADVERSARY PROCEEDING [CONT'D]**\n\n### **1. Trustee's Counterclaims and Prejudgment Remedy Application [cont'd]**\n\n- Currently, HK USA's motion to establish a repair reserve is scheduled to be heard at the October 7 hearing, but it makes no sense to deal with that motion without first addressing the Prejudgment Remedy Application.\n- The Trustee does not need to move on an expedited schedule as long as the Trustee's rights are not negatively affected by the passage of time. Therefore, the pace of the schedule really depends on the counterclaim defendants' willingness to agree to preserve the *status quo*.\n\n#### **B. UPDATE ON GENEVER US CHAPTER 11 CASE**\n\n- **1. September 27 Status Conference in Genever US Chapter 11 Case**\n\t- At 10:00 a.m. (ET) today (September 27, 2022), Judge Garrity held a status conference in the chapter 11 case of Genever Holdings LLC (\"Genever (US)\").\n\t- To be clear, the Trustee now has corporate control over Genever Holdings Corporation (\"Genever (BVI)\") and its wholly owned subsidiary, Genever (US).\n\t\t- o Kwok has transferred all his shares in Genever (BVI) to the Trustee, and that transfer has been registered with the registered agent for Genever (BVI) in the British Virgin Islands.\n\t\t- o The Trustee has also removed Kwok as the sole director of Genever (BVI) and replaced him with Claire Abrehart of Harneys Corporate Services Limited. Pursuant to a power of attorney by Genever (BVI), the Trustee is authorized to, among other things, take any and all actions on behalf of Genever (US) in connection with its chapter 11 case.\n\t- During that status conference, the Trustee advised Judge Garrity that Genever US would move to transfer its chapter 11 case to the District of Connecticut so that the Genever US case could be jointly administered with the Debtor's chapter 11 case pending before this Court.\n\t\t- o The Trustee expects that the venue transfer motion will be filed in the next two to three days.\n\t\t- o Judge Garrity scheduled a hearing the venue transfer motion for October 25, 2022, with briefing to be completed by October 18, 2022.\n\n## **C. UPDATE ON ACE DECADE AND DAWN STATE**\n\n### **1. Trustee's Efforts to Exercise Corporate Control Over Ace Decade and Dawn State**\n\n- As discussed in prior hearings, the Trustee has identified two Debtor-controlled BVI entities, Ace Decade Holdings Limited (\"Ace Decade\") and Dawn State Limited (\"Dawn State\") over which he intends to exercise corporate control.\n\t- Ace Decade and Dawn State are the Debtor's co-plaintiffs in his litigation against UBS in the United Kingdom.\n\t- According to the September 2020 complaint in the UBS litigation in the United Kingdom (and signed by the Debtor under penalty of perjury), Ace Decade was acquired by the Debtor in 2014 and Ace Decade has owned and controlled Dawn State since 2015. This complaint was filed with the Court by the Debtor at Docket No. 622-1.\n\t- Similarly, at his 341 meeting, the Debtor testified that he was the \"legal representing owner\" of Ace Decade, that there were no other owners of Ace Decade, and that he became owner of Ace Decade \"[a]t the end of 2014.\" The relevant excerpt from the 341 meeting transcript was filed by the Trustee at Docket No. 848.\n\n## **C. UPDATE ON ACE DECADE AND DAWN STATE [CONT'D]**\n\n- **1. Trustee's Efforts to Exercise Corporate Control Over Ace Decade and Dawn State [cont'd]**\n\t- On August 31, 2022, the Trustee emailed a letter (the \"August 31 Letter\") to the Debtor's counsel to request that, in accordance with the corporate governance order entered by this Court on August 10, 2022 [Docket No. 717] (the \"Corporate Governance Order\"), the Debtor execute and deliver to the Trustee by 10:00 a.m. (ET) on September 6, 2022, a share transfer instrument and related director's resolution to effectuate the transfer of the Ace Decade shares to the Trustee.\n\t- The Debtor failed to respond to the Trustee's August 31 Letter by the September 6, 2022 deadline.\n\n## **C. UPDATE ON ACE DECADE AND DAWN STATE [CONT'D]**\n\n### **2. Debtor's Lack of Cooperation With Respect to Ace Decade and Dawn State**\n\n- The Trustee raised the Debtor's failure to respond at the September 6, 2022 status conference (the \"September 6 Status Conference\"), requesting that the Court impose a deadline by which the Debtor would be required to respond to the August 31 Letter.\n\t- In response, Mr. Henzy refused to provide any assurances as to when he would respond to the August 31 Letter, stating: \"I'm going to work on it. I'm going to move with all due speed, but I don't know how long it's going to take me.\" Sept. 6 Tr. at 24: 21-23.\n\t- The Court then stated: \"I'm going to look after we're done with our hearing today to see what's in the record of this case and then determine what steps will be taken and if a deadline will be set to -- and it's likely that it will be, but I don't know that until I review everything, after I review what's in the record of this case.\" Sept. 6 Tr. at 26: 9-14.\n- The Trustee raised the issue at the September 13, 2022 hearing (the \"September 13 Hearing\"), pointing the Court to the Debtor's admissions at his 341 meeting.\n\t- In response, Mr. Romney responded by stating that Mr. Henzy, who was not present at the September 13 Hearing, was handling the matter and that Mr. Romney could not speak to the issue.\n- As of today (i.e., after 27 days' notice), the Debtor has not yet provided the Trustee with **any response** to the Trustee's August 31 Letter. **This constitutes a continued violation of the Corporate Governance Order.**\n- The Trustee requests that the Court set a deadline by which the Debtor is required to respond to the Trustee's August 31 Letter.\n\n#### **D. RULE 2004 DISCOVERY**\n\n#### **1. Document Production Issues**\n\n- The Trustee continues to face a number of document production issues in connection with the Debtor's document production obligations.\n- For example, although one of the primary purposes of the Trustee's investigation is to identify assets ostensibly held by others that should be brought into the estate, the Debtor and his daughter have both taken the position that **they need only provide information related to the extremely limited assets the Debtor acknowledges belong to him, thus preventing the Trustee from obtaining critical evidence relating to assets held by the Debtor's relatives and in shell companies that the Trustee believes may be property of the estate**.\n- The Debtor has implausibly claimed to have almost no documents in his possession on any of the requested topics despite his extensive business activities—for example, the Debtor claims to not use email and to have virtually no responsive electronic documents of any kind. In addition to being implausible, the Debtor's position ignores that he required to produce not only documents in his possession, but also documents under his control—including documents in the possession of advisors or shell companies that he controls. Thus far, the Debtor has not agreed to produce such documents.\n\n#### **D. RULE 2004 DISCOVERY [CONT'D]**\n\n### **1. Document Production Issues [cont'd]**\n\n- The Trustee has also encountered difficulty enforcing the Court's recent order on his privileges motion. Although that order requires the Rule 2004 recipients to log any privileged documents within 10 days of their production deadline, certain of such parties have expressed an inability to meet this deadline given their need to coordinate with the Debtor on their document productions and delays they have encountered in doing so.\n- The Trustee reserves all his rights in this regard.\n\n#### **E. HOUSEKEEPING MATTERS**\n\n#### **1. Undisclosed Transfers of Potential Estate Property**\n\n- As the Court may be aware, an entity called Greenwich Land, LLC (\"Greenwich Land\"), purportedly owned by the Debtor's wife, is the title holder of the Debtor's residence in Greenwich, Connecticut, and also pays for a portion of the Debtor's living expenses.\n\t- As discussed in the Counterclaims, Greenwich Land is one of a series of entities that the Trustee believes are alter egos of the Debtor.\n- The Trustee has become aware that, on or about April 26, 2022, in a transfer that was never disclosed to this Court, Greenwich Land sold a second property, on Ferncliff Road in Cos Cob, Connecticut, which it had previously owned.\n- This transfer occurred while Greenwich Land was subject to a restraint notice served by PAX in connection with PAX's litigation before Justice Ostrager. The restraint notice prohibited Greenwich Land from making any transfer of property in which the Debtor has an interest for a period of one year from the date the notice was served (which was on or about May 4, 2021).\n\t- o The restraint notice notes that PAX believed the Debtor \"may have direct, indirect, or beneficial ownership in, or the right or ability to direct or control\" Greenwich Land and its assets.\n\n#### **E. HOUSEKEEPING MATTERS [CONT'D]**\n\n### **2. Monthly Operating Reports**\n\n- On September 21, 2022, the Trustee filed the monthly operating report (\"MOR\") for the period from August 1, 2022 through August 30, 2022 [Docket No. 868].\n- During the September 6 Status Conference, the Court imposed a deadline of September 30, 2022 for the Debtor to file the MORs for May 2022, June 2022, and the first seven days of July 2022 (i.e., the period prior to the order appointing the Trustee on July 8, 2022).\n\n### **3. Next Status Conference**\n\n The Trustee suggests cancelling the status conference currently scheduled for October 4, 2022, and holding the next status conference on October 7, 2022 at 10:00 a.m. (ET), i.e., the same date as the hearing on HK USA's repair reserve motion.","body_zh":"关于 Ho Wan Kwok（郭文贵）案，第 11 章破产案号 22-50073 (JAM)\n第 11 章受托人就 2022 年 9 月 27 日状况通报会提交的报告\n\n免责声明：本陈述系基于第 11 章受托人目前掌握的信息所作出的初步观察，仍需接受持续审查与调查。因此，本报告所含信息仍可能发生重大变化。此外，某些部分反映了第 11 章受托人对法律问题的看法，无法保证法院（或任何其他法院）会同意第 11 章受托人对此类法律问题的看法。\nA. HK USA 对抗性诉讼程序最新进展\n1. 受托人的反诉及判决前救济申请\n\n- 2022 年 9 月 23 日星期五，受托人在 HK USA 提起的对抗性诉讼程序中提交了答辩状及反诉 [Adv. Proc. No. 22-05003 案卷号 36]（简称“反诉”），HK USA 在该对抗性诉讼中请求确认其自身（而非破产财团）为 Lady May 号游艇的所有人。\n\t- 反诉主张（其中包括）：HK USA 是债务人的另我（alter ego），且据称属于 HK USA 的所有资产，包括 Lady May 号游艇以及 HK USA 依据 Lady May 号约定裁定 [主案案卷号 299]（简称“Lady May 约定裁定”）在目前托管于 U.S. Bank（美国银行）的 3700 万美元（简称“托管资金”）中的权益和/或权利，实际上均为破产财团财产。\n- 结合反诉，受托人还提交了：\n\t- 针对 Lady May 号游艇及托管资金等项的判决前救济申请（简称“判决前救济申请”），以及支持该申请的法律备忘录 [Adv. Proc. 22-05003 案卷号 37-38]；以及\n\t- 一项动议，请求在定于 2022 年 10 月 7 日举行的听证会（简称“10 月 7 日听证会”）上加急审理判决前救济申请 [Adv. Proc. 22-05003 案卷号 39]。\n\t- 受托人已请求法院将对判决前救济申请提出异议的截止日期设定为 10 月 3 日。\nA. HK USA 对抗性诉讼程序最新进展 [续]\n1. 受托人的反诉及判决前救济申请 [续]\n\n- 目前，HK USA 关于设立维修准备金的动议定于 10 月 7 日听证会上审理，但在先行处理判决前救济申请之前处理该动议毫无意义。\n- 只要受托人的权利不受时间推移的负面影响，受托人无需按加急日程推进。因此，日程的快慢实际上取决于反诉被告是否愿意同意维持现状。\nB. GENEVER US 第 11 章案件最新进展\n\n- 1. Genever US 第 11 章案件 9 月 27 日状况通报会\n\t- 今天（2022 年 9 月 27 日）东部时间上午 10:00，Garrity 法官在 Genever Holdings LLC（简称“Genever (US)”）的第 11 章案件中举行了状况通报会。\n\t- 需要明确的是，受托人现已取得对 Genever Holdings Corporation（简称“Genever (BVI)”）及其全资子公司 Genever (US) 的公司控制权。\n\t\t- o 郭文贵已将其在 Genever (BVI) 的全部股份转让给受托人，且该股权转让已在 Genever (BVI) 位于英属维尔京群岛的注册代理人处完成登记。\n\t\t- o 受托人还免去了郭文贵作为 Genever (BVI) 唯一直属董事的职务，并由 Harneys Corporate Services Limited 的 Claire Abrehart 接替其职务。依据 Genever (BVI) 出具的授权委托书，受托人获权（其中包括）代表 Genever (US) 就其第 11 章案件采取任何及所有行动。\n\t- 在该状况通报会期间，受托人告知 Garrity 法官，Genever US 将动议将其第 11 章案件移送至 District of Connecticut（康涅狄格区联邦地区法院），以便 Genever US 案可与待本法院审理的债务人第 11 章案件进行联合审理。\n\t\t- o 受托人预计管辖地移送动议将在接下来的两到三天内提交。\n\t\t- o Garrity 法官将管辖地移送动议的听证会定于 2022 年 10 月 25 日举行，书面辩论意见定于 2022 年 10 月 18 日前完成提交。\nC. ACE DECADE 与 DAWN STATE 最新进展\n1. 受托人谋求对 Ace Decade 与 Dawn State 行使公司控制权的努力\n\n- 如在先前的听证会中所讨论，受托人已确定了两家由债务人控制的 BVI 实体，即 Ace Decade Holdings Limited（简称“Ace Decade”）与 Dawn State Limited（简称“Dawn State”），受托人意图对其实施公司控制。\n\t- Ace Decade 与 Dawn State 是债务人在英国对 UBS（瑞银）诉讼中的共同原告。\n\t- 根据 2020 年 9 月在英国针对 UBS 的诉讼起诉状（并由债务人签署且保证受伪证罪处罚），Ace Decade 于 2014 年被债务人收购，且 Ace Decade 自 2015 年起拥有并控制 Dawn State。该起诉状已由债务人提交至本法院案卷号 622-1。\n\t- 同样，在 341 债权人会议上，债务人作证称他是 Ace Decade 的“法定代表所有人”，Ace Decade 没有其他所有人，且他是在“2014 年底”成为 Ace Decade 所有人的。341 会议笔录的相关摘录已由受托人提交于案卷号 848。\nC. ACE DECADE 与 DAWN STATE 最新进展 [续]\n\n- 1. 受托人谋求对 Ace Decade 与 Dawn State 行使公司控制权的努力 [续]\n\t- 2022 年 8 月 31 日，受托人向债务人律师发送电子邮件信函（简称“8 月 31 日信函”），请求依据本法院于 2022 年 8 月 10 日作出的公司治理裁定 [案卷号 717]（简称“公司治理裁定”），债务人须在 2022 年 9 月 6 日东部时间上午 10:00 前签署并向受托人交付股份转让文据及相关董事决议，以使 Ace Decade 的股份向受托人的转让生效。\n\t- 债务人未能在 2022 年 9 月 6 日截止日期之前回复受托人的 8 月 31 日信函。\nC. ACE DECADE 与 DAWN STATE 最新进展 [续]\n2. 债务人在 Ace Decade 与 Dawn State 方面的拒不配合\n\n- 受托人在 2022 年 9 月 6 日的状况通报会（简称“9 月 6 日状况通报会”）上提出了债务人未予回复的问题，请求法院设定债务人必须回复 8 月 31 日信函的截止日期。\n\t- 作为回应，Henzy 先生拒绝就何时回复 8 月 31 日信函提供任何保证，并称：“我会处理的。我将尽全力推进，但我不知道需要花我多长时间。”见 9 月 6 日笔录第 24 页第 21-23 行。\n\t- 法院随后表示：“今天听证会结束后，我将查阅本案记录，然后确定将采取哪些步骤以及是否设定截止日期——很可能会设定，但在我查阅完本案记录并审查所有内容之前，我还无法确定。”见 9 月 6 日笔录第 26 页第 9-14 行。\n- 受托人在 2022 年 9 月 13 日的听证会（简称“9 月 13 日听证会”）上再次提出该问题，提请法院注意债务人在其 341 会议上的自认。\n\t- 作为回应，Romney 先生表示未出席 9 月 13 日听证会的 Henzy 先生正在处理该事项，且 Romney 先生无法就该问题发表意见。\n- 截至今日（即发出通知 27 天后），债务人仍未向受托人就受托人的 8 月 31 日信函作出任何回复。这构成了对公司治理裁定的持续违反。\n- 受托人请求法院设定债务人必须对受托人 8 月 31 日信函作出回复的截止日期。\nD. 第 2004 条规则下的证据开示\n1. 文件出示问题\n\n- 受托人在债务人的文件出示义务方面继续面临多项文件出示问题。\n- 例如，尽管受托人调查的主要目的之一是查明表面上由他人持有但应归入破产财团的资产，但债务人及其女儿均主张他们仅需提供与债务人承认属于其极少数资产相关的信息，从而阻碍受托人获取与债务人亲属持有及壳公司持有的、受托人认为可能属于破产财团财产的资产相关的关键证据。\n- 尽管债务人开展了广泛的商业活动，但他却令人难以置信地声称就任何所要求的议题其手中几乎没有任何文件——例如，债务人声称不使用电子邮件，并且几乎没有任何形式的应答性电子文件。除了令人难以置信之外，债务人的立场还无视了他不仅被要求出示其占有的文件，还必须出示由其控制的文件——包括由其控制的顾问或壳公司所占有的文件。迄今为止，债务人尚未同意出示此类文件。\nD. 第 2004 条规则下的证据开示 [续]\n1. 文件出示问题 [续]\n\n- 受托人在执行法院近期就其特权动议作出的裁定时也遇到了困难。尽管该裁定要求第 2004 条规则的送达对象必须在其文件出示截止日期后的 10 天内登记任何享有特权的文件，但其中某些当事方表示无法满足该截止日期要求，理由是他们需要就文件出示事宜与债务人进行协调，并在协调过程中遇到了拖延。\n- 受托人在这方面保留其所有权利。\nE. 程序性事务\n1. 未披露的潜在破产财团财产转让\n\n- 法院可能已知悉，一家名为 Greenwich Land, LLC（简称“Greenwich Land”）的实体（据称由债务人的妻子所有）是债务人位于康涅狄格州 Greenwich 住所的产权所有人，并支付债务人的部分生活费用。\n\t- 正如反诉中所讨论，Greenwich Land 是受托人认为属于债务人另我的一系列实体之一。\n- 受托人获悉，在 2022 年 4 月 26 日左右，Greenwich Land 通过一项从未向本法院披露的转让，出售了其先前拥有的第二处位于康涅狄格州 Cos Cob 的 Ferncliff Road 房产。\n- 该转让发生在 Greenwich Land 受制于 PAX 就其在 Ostrager 法官面前的诉讼而送达的限制通知期间。该限制通知禁止 Greenwich Land 自通知送达之日起一年内（即 2021 年 5 月 4 日左右）转让债务人享有权益的任何财产。\n\t- o 该限制通知指出，PAX 认为债务人“可能直接、间接或实际拥有 Greenwich Land 及其资产的所有权，或拥有指挥或控制权”。\nE. 程序性事务 [续]\n2. 月度运营报告\n\n- 2022 年 9 月 21 日，受托人提交了 2022 年 8 月 1 日至 2022 年 8 月 30 日期间的月度运营报告（简称“MOR”）[案卷号 868]。\n- 在 9 月 6 日状况通报会期间，法院设定了 2022 年 9 月 30 日的截止日期，要求债务人提交 2022 年 5 月、2022 年 6 月以及 2022 年 7 月前七天的 MOR（即 2022 年 7 月 8 日任命受托人的裁定作出之前的期间）。\n3. 下一次状况通报会\n\n受托人建议取消目前定于 2022 年 10 月 4 日举行的状况通报会，并将下一次状况通报会改于 2022 年 10 月 7 日东部时间上午 10:00 举行，即与 HK USA 维修准备金动议听证会同日举行。","key_entities":["Je","Kwok","Ho Wan Kwok"],"ecf_references":[],"word_count":1969,"status":"published","published_at":null,"created_at":null,"updated_at":"2026-08-23 13:00:44"}