---
type: court_doc
id: "court_ctb_2551_1"
court: "CTB"
case_no: "22-50073"
doc_number: 2551
doc_type: "ORDER"
filed_date: "2024-02-05"
lang: "zh"
url: "https://mubeitech.com/court/court_ctb_2551_1"
json_url: "https://mubeitech.com/api/court/court_ctb_2551_1"
---
# EXHIBIT 1 TRANSCRIPT OF



> 原始法庭文件为英文；下方为英文全文，顶部为中文摘要。

## **EXHIBIT 1**

## TRANSCRIPT OF

| #1453 | MOTION FOR ORDER TO SHOW CAUSE WHY DEBTOR, MEI GUO  |
|-------|-----------------------------------------------------|
|       | and HK(USA) SHOULD NOT BE HELD IN CONTEMPT OF       |
|       | COURT FOR FAITURE TO COMPLY MITH ORDER COMBETITING  |
|       | COMPLIANCE WITH RULE 2004 SUBPOENAS AND             |
|       | SANCTIONS FOR SUCH CONTEMPT                         |
| #1649 | MOTION FOR A LIMITED STAY OF ORDER GRANTING IN PART |
|       | MOTION TO COMPEL COMPLIANCE WITH RULE 2004 SUBPOENA |

- # 227 MOTION TO STAY PENDING APPEAL
- # STATUS CONFERENCE

2

Case 22-50073 Doc 2551-1 Filed 02/05/24 Entered 02/05/24 10:27:26 Page 5 of 7

|     | Ho Wan Kwok - June 13, 2023<br>35                            |
|-----|--------------------------------------------------------------|
| 1   | THE COURT:  How is that relevant to your stay                |
| 2   | pending appeal? The questions were all about what's the      |
| 3   | harm.  He told you what his harm is.                         |
| 4   | You may disagree with his harm.  But that -- how             |
| 5   | is it relevant to your getting a stay pending appeal?        |
| రు  | MR. MORIARTY:  If there's other assets that can be           |
| 7   | used, Your Honor, then there's no harm.  His harm is I don't |
| ರಿ  | have the ability to pay --                                   |
| 9   | Well, you --<br>THE COURT:                                   |
| 10  | MR. MORIARTY: -- which --                                    |
| 11  | THE COURT:  The other assets that you're talking             |
| 12  | about, including the Lady May, you've already -- that's on   |
| 13  | appeal too, isn't it?                                        |
| 1 4 | MR. MORIARTY:  It is on appeal.                              |
| 15  | THE COURT:  Yeah.  So then your argument doesn't             |
| 16  | really make sense, because then you're going to make the     |
| 17  | same arqument when you come to the Lady May.                 |
| 18  | MR. MORIARTY:  Well, Your Honor, I don't know that           |
| 1 9 | I could make the same argument continuously, because at some |
| 20  | point in time it becomes self-defeating.  But for now, it's  |
| 21  | not. But I will move on.  Okay.                              |
| 22  | BY MR. MORIARTY:                                             |
| 23  | So, Attorney Despins, the professionals that you<br>റ്റു     |
| 24  | haven't hired yet, those would be, for example, accountants, |
| 25  | right?                                                       |
|     |                                                              |

|                                                              | Case 22-50073    Doc 2551-1    Filed 02/05/24    Entered 02/05/24 10:27:26<br>Page 6 of 7 |  |  |  |  |  |
|--------------------------------------------------------------|-------------------------------------------------------------------------------------------|--|--|--|--|--|
|                                                              | Ho Wan Kwok - June 13, 2023<br>36                                                         |  |  |  |  |  |
| ದ                                                            | Yeah.  AlixPartners is something like that.                                               |  |  |  |  |  |
| റ്റു                                                         | Okay.  So has any professional that you have inquired                                     |  |  |  |  |  |
| about to engage for the estate refused an engagement because |                                                                                           |  |  |  |  |  |
| there's no cash immediately available to pay them?           |                                                                                           |  |  |  |  |  |
| A                                                            | Yes .                                                                                     |  |  |  |  |  |
| റ                                                            | Who is that?<br>Okay .                                                                    |  |  |  |  |  |
| A                                                            | AlixPartners.                                                                             |  |  |  |  |  |
| റ                                                            | Okay.<br>Anybody else?                                                                    |  |  |  |  |  |
| A                                                            | No. I have not had the discussion with anybody else.                                      |  |  |  |  |  |
| റ്റ                                                          | So was Alix -- what were you -- well, withdraw that.                                      |  |  |  |  |  |
| Is AlixPartners the only professional firm that you ve       |                                                                                           |  |  |  |  |  |
| spoken to about engagement for asset tracing?                |                                                                                           |  |  |  |  |  |
| A                                                            | To date, yes.                                                                             |  |  |  |  |  |
| இ                                                            | Okay. So no other firm has -- no other firm related to                                    |  |  |  |  |  |
|                                                              | asset tracing or accounting-type work has refused to perform                              |  |  |  |  |  |
| services because there's no cash immediately available in    |                                                                                           |  |  |  |  |  |
| estate?<br>the                                               |                                                                                           |  |  |  |  |  |
| A                                                            | Well, I have not talked to any other firms, so --                                         |  |  |  |  |  |
| Q                                                            | Okay.  And you testified that information gets stale.                                     |  |  |  |  |  |
|                                                              | Do you recall that testimony?                                                             |  |  |  |  |  |
| A                                                            | Correct.                                                                                  |  |  |  |  |  |
| o                                                            | Okay. But you've only spoken to one firm about taking                                     |  |  |  |  |  |
|                                                              | on the type of engagement where they would be tracing funds.                              |  |  |  |  |  |
| ।                                                            | that correct?                                                                             |  |  |  |  |  |
| A                                                            | Yes .                                                                                     |  |  |  |  |  |
|                                                              |                                                                                           |  |  |  |  |  |

| Case 22-50073 | Doc 2551-1 | Filed 02/05/24 | Entered 02/05/24 10:27:26 | Page 7 of 7 |  |  |  |
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