郭文贵破产案 · ORDER · ECF #4970

元数据

当事人: 郭文贵 (Guo Wengui / Miles Guo / Ho Wan Kwok)
法院: CTB
案号: 22-50073
ECF #: 4970
类型: ORDER
立案日: 2026-01-15

原始法庭文件为英文，下方为英文全文。

全文

# **UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION**

| ------------------------------------------------------ | x | | |--------------------------------------------------------|-------------|-------------------------| | In re: | : : | Chapter 11 | | HO WAN KWOK, et al., | : : : | Case No. 22-50073 (JAM) | | Debtors.1 | : : | Jointly Administered | | ------------------------------------------------------ | x | |

## **COVERSHEET FOR SIXTH INTERIM FEE APPLICATION OF PRAGER DREIFUSS AG**

| Interim Application of: | | | Prager Dreifuss AG | | |-----------------------------------|------------------|----------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------|------| | Time Period: | | September 1, 2025 through December 31, 2025 | | | | Bankruptcy Petition Filed: | | February 15, 2022 | | | | Date of Entry of Retention Order: | | March 21, 2023 [Docket No. 3034] (effective as of January 17, 2024); March 17, 2025 [Docket No 4223] (order amending Retention Order). | | | | Amount Requested | | | Reductions | | | Fees: | CHF 466,970.00 | | Voluntary Fee Reductions: | none | | Expenses: | CHF 53,147.80 | | Voluntary Expenses Reductions: | none | | Total: | CHF 520,117.80 | | | | | Fees Previously Requested: | | | Retainer Request: | | | Requested Fees: | CHF 1,297,013.75 | | None | | | Awarded Fees: | CHF 1,297,013.75 | | | |

# **Expenses Previously Requested: Expense Detail:**

| Paid Expenses: | CHF 149,198.25 | |----------------|----------------|

Paid Fees: CHF 1,297,013.752

| Requested Expenses: CHF 149,198.25 | | Retainer Received: | Not applicable | |------------------------------------|----------------|----------------------------------------------|----------------| | Awarded Expenses: | CHF 149,198.25 | Copies per page cost & total: Not applicable | |

1 The Debtors in these chapter 11 cases are Ho Wan Kwok (also known as Guo Wengui, Miles Guo, and Miles Kwok, as well as numerous other aliases) (last four digits of tax identification number: 9595), Genever Holdings LLC (last four digits of tax identification number: 8202) and Genever Holdings Corporation. The mailing address for the Trustee, Genever Holdings LLC, and Genever Holdings Corporation is Paul Hastings LLP, 200 Park Avenue, New York, NY 10166 c/o Luc A. Despins, as Trustee for the Estate of Ho Wan Kwok (solely for purposes of notices and communications).

2 In addition, as detailed below, CHF 286,213.00 in fees and CHF 50,963.70 in expenses were previously paid with respect to Prager's monthly fee statements for September through November 2025 in accordance with the Interim Compensation Order (as defined below).

| Monthly Period Covered | Total Fees (100%) | Requested Fees (80%) | Requested Expenses (100%) | Fees Paid | Expenses Paid | 20% Fee Holdback | |------------------------------|----------------------|-------------------------|---------------------------------|------------|---------------|---------------------| | 9/1/25 - 9/30/25 | 142,618.75 | 114,095.00 | 3,054.00 | 114,095.00 | 3,054.00 | 28,523.75 | | 10/1/25 - 10/31/25 | 123,125.00 | 98,500.00 | 31,069.25 | 98,500.00 | 31,069.25 | 24,625.00 | | 11/1/25 - 11/30/25 | 92,022.50 | 73,618.00 | 16,840.45 | 73,618.00 | 16,840.45 | 18,404.50 | | 12/1/25 - 12/31/25 | 109,203.75 | 87,363.00 | 2,184.10 | - | - | 21,840.75 | | TOTAL | 466,970.00 | 373,576.00 | 53,147.80 | 286,213.00 | 50,963.70 | 93,394.00 |

# **MONTHLY FEE REQUESTS FOR FEE PERIOD (IN CHF)**

# **UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION**

| ------------------------------------------------------ | x | | |--------------------------------------------------------|--------|-------------------------| | In re: | : : | Chapter 11 | | HO WAN KWOK, et al., | : : | Case No. 22-50073 (JAM) | | Debtors.1 | : : | Jointly Administered | | ------------------------------------------------------ | : x | |

# **SIXTH INTERIM FEE APPLICATION OF PRAGER DREIFUSS AG, AS SWISS LAW COUNSEL, FOR COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR PERIOD FROM SEPTEMBER 1, 2025 THROUGH DECEMBER 31, 2025**

Pursuant to sections 105(a), 328, 330, and 331 of title 11 of the United States Code (such title, hereinafter, the "Bankruptcy Code"), Rule 2016 of the Federal Rules of Bankruptcy Procedure (the "Bankruptcy Rules"), Rule 2016-1 of the Local Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the District of Connecticut (the "Local Rules"), and the *Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses for Retained Professionals, dated August 18, 2023* [Docket No. 2094] (the "Interim Compensation Procedures Order"), Prager Dreifuss AG ("Prager" or the "Applicant"), as Swiss law counsel for Luc A. Despins, in his capacity as the chapter 11 trustee (the "Trustee") appointed in the chapter 11 case of Ho Wan Kwok (the "Debtor"), hereby files this *Sixth Interim Application of Prager Dreifuss AG, as Swiss Law Counsel, for Compensation and Reimbursement of Expenses for the Period from September 1, 2025 through December 31, 2025*

(the "Application"). By this Application, Prager requests interim allowance of professional fees incurred during the period from September 1, 2025 through and including December 31, 2025 (the "Application Period"), as well as reimbursement of expenses. In support of this Application, Prager respectfully states as follows:

# **JURISDICTION, VENUE, BASES FOR RELIEF, AND COMPLIANCE**

1. The Court has jurisdiction over this matter pursuant to 28 U.S.C. §§ 157 and 1334 and the *Standing Order of Reference* from the United States District Court for the District of Connecticut. This matter is a core proceeding within the meaning of 28 U.S.C. § 157(b)(2). Venue is proper pursuant to 28 U.S.C. §§ 1408 and 1409.

2. The legal predicates for the relief requested herein are sections 330 and 331 of the Bankruptcy Code, Bankruptcy Rule 2016, and Local Rule 2016-1.

3. Prager believes that this Application, together with the attachments hereto, substantially complies with the Bankruptcy Rules, Local Rule 2016-1, and the *United States Trustee's Guidelines for Reviewing Applications for Compensation and Reimbursement of Expenses Filed Under 11 U.S.C. § 330 by Attorneys in Larger Chapter 11 Cases* (the "U.S. Trustee Guidelines").2 Prager respectfully requests a waiver of any of the foregoing requirements not met by this Application.

- 4. Attached and incorporated herein by reference are the following Exhibits: - **Exhibit A** contains the Proposed Order granting this Application. - **Exhibit B** is a timekeeper summary that includes the name, hourly billing rate, aggregate hours, and amount of fees earned for each Prager individual who provided services during the Application Period; and

2 Prager reserves all rights as to the relevance and substantive legal effect of the U.S. Trustee Guidelines with respect to any application for compensation in these chapter 11 cases.

**Exhibit C** contains the detail of the fees and expenses incurred during the Application Period.

# **BACKGROUND**

## **I. Chapter 11 Cases**

5. On February 15, 2022 (the "Petition Date"), the Individual Debtor filed a voluntary petition for relief under the Bankruptcy Code in the United States Bankruptcy Court for the District of Connecticut (Bridgeport Division) (the "Court").

6. On March 21, 2022, the United States Trustee appointed an Official Committee of Unsecured Creditors (the "Committee") in the Individual Debtor's chapter 11 case. No examiner has been appointed in the Individual Debtor's chapter 11 case.

7. On June 15, 2022, the Court entered a memorandum of decision and order [ECF No. 465] (the "Trustee Order") directing the United States Trustee to appoint a chapter 11 trustee in the Individual Debtor's chapter 11 case.

8. Pursuant to the Trustee Order, the United States Trustee selected Luc A. Despins as the Trustee. On July 8, 2022, the Court entered an order granting the appointment of Luc A. Despins as the Trustee in the Individual Debtor's chapter 11 case.

9. By order entered March 21, 2024, the Court authorized Prager's retention as Swiss law counsel to the Trustee [Docket No. 3034] (as amended, the "Retention Order")3 effective as of January 17, 2024 in the Debtor's chapter 11 case. The Retention Order authorizes Prager to be compensated on an hourly basis and reimbursed for actual and necessary out-ofpocket expenses pursuant to sections 328 and 330 of the Bankruptcy Code, the Bankruptcy Rules, the Local Rules, and such orders as the Court may direct. In accordance with the

3 On March 17, 2025, the Court issued an order amending the Retention Order [Docket No. 4223], including as to Prager's reimbursement for third-party expenses.

Retention Order, (a) Prager is authorized to charge a flat fee for disbursements in an amount equal to 2% of the total fees charged and (b) Prager is authorized to invoice its fees and expenses in Swiss Francs (CHF) and to have such fees and expenses paid in Swiss Francs (CHF), subject to the terms of the Interim Compensation Order.

10. On June 24, 2024, Prager filed its *First Interim Fee Application of Prager Dreifuss AG, as Swiss Law Counsel, for Compensation and Reimbursement of Expenses for Period from January 17, 2024 Through April 30, 2024* [Docket No. 3281] (the "First Interim Fee Application") requesting interim allowance of professional fees incurred during the period from January 17, 2024 through and including April 30, 2024. On July 23, 2024, the Court granted the First Interim Fee Application [Docket No. 3346].

11. On October 15, 2024, Prager filed its *Second Interim Fee Application of Prager Dreifuss AG, as Swiss Law Counsel, for Compensation and Reimbursement of Expenses for Period from May 1, 2024 Through September 30, 2024* [Docket No. 3698] (the "Second Interim Fee Application") requesting interim allowance of professional fees incurred during the period from May 1, 2024 through and including September 30, 2024. On November 13, 2024, the Court granted the Second Interim Fee Application [Docket No. 3812].

12. On January 30, 2025, Prager filed its *Third Interim Fee Application of Prager Dreifuss AG, as Swiss Law Counsel, for Compensation and Reimbursement of Expenses for Period from September 19, 2024 Through December 31, 2024* [Docket No. 4018] (the "Third Interim Fee Application") requesting interim allowance of professional fees incurred during the period from September 19, 2024 through and including December 31, 2024. On February 27, 2025, the Court granted the Third Interim Fee Application [Docket No. 4181].4

4 Additionally, in connection with the Third Interim Fee Application, on March 5, 2025, the Trustee filed a *Notice of Filing of (A) Invoices of Third Party Vendors with Respect to Third Interim Fee Application of Prager*

13. On June 16, 2025, Prager filed its *Fourth Interim Fee Application of Prager Dreifuss AG, as Swiss Law Counsel, for Compensation and Reimbursement of Expenses for Period from January 1, 2025 Through April 30, 2025* [Docket No. 4484] (the "Fourth Interim Fee Application") requesting interim allowance of professional fees incurred during the period from January 1, 2025 through and including April 30, 2025. On August 13, 2025, the Court granted the Fourth Interim Fee Application [Docket No. 4571].

14. On October 24, 2025, Prager filed its *Fifth Interim Fee Application of Prager Dreifuss AG, as Swiss Law Counsel, for Compensation and Reimbursement of Expenses for Period from May 1, 2025 Through August 31, 2025* [Docket No. 4777] (the "Fifth Interim Fee Application") requesting interim allowance of professional fees incurred during the period from May 1, 2025 through and including August 31, 2025. On December 3, 2025, the Court granted the Fifth Interim Fee Application [Docket No. 4877].

## **II. Monthly Fee Statements**

15. On August 18, 2023, the Court entered the Interim Compensation Procedures Order, which, among other things, approves procedures for the payment of 80% of fees and 100% of expenses on a monthly basis.

16. On October 7, 2025, Prager filed and served a monthly fee statement [Docket No. 4701] (the "September Fee Statement") requesting payment of 80% of all fees and 100% of all expenses actually and necessarily incurred for services rendered during the period from September 1, 2025 through September 30, 2025, in the amounts of CHF 114,095.00 (80% of

*Dreifuss AG, as Swiss Law Counsel, for Compensation and Reimbursement of Expenses for Period from September 19, 2024 Through December 31, 2024 and (B) Related Proposed Orders* [Docket No. 4193] (the "Third Party Invoices Supplement") attaching the invoices for the Third Party Vendor Expenses (as defined in the Third Interim Fee Application). On March 17, 2025, the Court granted a supplemental order in connection with the Third Party Invoices Supplement [Docket No. 4222].

CHF 142,618.75) and CHF 3,054.00, respectively. No objections were filed in response to the September Fee Statement. Accordingly, the estate has paid Prager CHF 117,149.00 for fees and expenses with respect to the September Fee Statement.

17. On November 7, 2025, Prager filed and served a monthly fee statement [Docket No. 4830] (the "October Fee Statement") requesting payment of 80% of all fees and 100% of all expenses actually and necessarily incurred for services rendered during the period from October 1, 2025 through October 31, 2025, in the amounts of CHF 98,500.00 (80% of CHF 123,125.00) and CHF 31,069.25, respectively. No objections were filed in response to the October Fee Statement. Accordingly, the estate has paid Prager CHF 129,569.25 for fees and expenses with respect to the October Fee Statement.

18. On December 9, 2025, Prager filed and served a monthly fee statement [Docket No. 4883] (the "November Fee Statement") requesting payment of 80% of all fees and 100% of all expenses actually and necessarily incurred for services rendered during the period from November 1, 2025 through November 30, 2025, in the amounts of CHF 73,618.00 (80% of CHF 92,022.50) and CHF 16,840.45, respectively. No objections were filed in response to the November Fee Statement. Accordingly, the estate has paid Prager CHF 90,458.45 for fees and expenses with respect to the November Fee Statement.

19. On January 9, 2026, Prager filed and served a monthly fee statement [Docket No. 4945] (the "December Fee Statement") requesting payment of 80% of all fees and 100% of all expenses actually and necessarily incurred for services rendered during the period from December 1, 2025 through December 31, 2025, in the amounts of CHF 87,363.00 (80% of CHF 109,203.75) and CHF 2,184.10, respectively. The deadline to object to the December Fee Statement is January 30, 2026. Accordingly, at this time, the estate has not yet paid Prager for

fees and expenses with respect to the December Fee Statement, but the Trustee intends to do so, in accordance with the Interim Compensation Procedures Order.

## **ALLOWANCE REQUEST**

20. The Applicant is applying for compensation pursuant to Sections 330 and 331 of the Bankruptcy Code for legal services performed for the Trustee during the Application Period.

21. For the Application Period, the Applicant seeks allowance of CHF 466,970.00 as compensation for services rendered and allowance and reimbursement of CHF 53,147.80 in expenses incurred in connection with such services. The Applicant devoted 1,350.65 hours to this case during the Application Period, equating to an overall blended rate of CHF 345.74.

22. As noted, Prager has already received payment of CHF 286,213.00 of the fees incurred during the Application Period and CHF 50,963.70 of the expenses incurred during the Application Period, such that Prager is only seeking payment of (i) 80% of the fees and 100% of the expenses incurred in connection with the December Fee Statement, *i.e.*, CHF 89,547.10,5 and (ii) the remaining 20% of its fees incurred during the Application Period, namely CHF 93,394.00.

23. Throughout the Application Period, the Applicant maintained records to indicate the name of each professional working on this matter, the time spent on a particular issue, and the nature of the work performed. These records, which describe in detail the services rendered by the Applicant, were created at the approximate time the services were performed.

24. Annexed hereto and made a part hereof as **Exhibit C** is a detailed billing report, upon which this application is based that contains each individual professional's time for the Debtor's bankruptcy case, itemizing the dates upon which services were rendered, including a

5 For the avoidance of doubt, the estate will pay this amount after the expiration of the January 30, 2026 objection deadline with respect to the December Fee Statement, provided no objections are filed with respect to that fee statement, in accordance with the Interim Compensation Procedures Order.

summary of the services on each of such dates by each person rendering the service, the time spent in rendering such service, and the CHF value of such services. The time detail attached hereto as Exhibit C include certain redactions to protect against the disclosure of privileged or confidential information.

## **SUMMARY OF SERVICES RENDERED**

25. The Trustee retained Prager, effective as of January 17, 2024, principally to assist the Trustee in investigating and recovering property of the estate located in Switzerland. After the Debtor's chapter 11 case was recognized in Switzerland on July 24, 2024, Prager has continued to investigate estate assets that the Trustee has reason to believe are located in Switzerland and assist with the Trustee's litigation efforts to recover assets for the benefit of the estate. Specifically, Prager assisted the Trustee with the commencing proceedings in Switzerland to attach a multi-million-dollar residence in Weggis, Switzerland (the "Weggis Property") and various other assets of the Debtor's son, Qiang Guo ("Mileson"), which applications were filed in February and April 2025. Swiss court entered the attachment orders in February and June 2025, respectively. Mileson has objected to both attachment orders.

26. During the Application Period, in coordination with Paul Hastings and Marxer Attorneys (the Trustee's Liechtenstein law counsel), Prager (a) prepared the Trustee's statements in further support of the attachments and in response to Mileson's objections to the attachment, (b) analyzed and advised the Trustee on legal issues related to the attachment proceedings, (c) analyzed Mileson's objections to the attachment orders, (d) continued to conduct investigation into Debtor's and Mileson's assets in Switzerland, (e) conducted internal discussions regarding case strategy and related legal issues, and (f) conducted a conciliation hearing in preparation of a civil action against Mileson in Switzerland. Prager has also continued to advise the Trustee on

the next steps in his litigation strategy to recover the attached assets for the benefit of the estate, which, among other things, will include seeking recognition in Switzerland of the default judgments issued by this Court against Mileson as well as a civil action regarding estate claims against Mileson.6

27. The work undertaken by Prager to date has been significant, involving legal research and motion practice, factual analysis, correspondence, and strategic input. This work remains ongoing, with additional work expected in due course.

## **NO PRIOR APPLICATION**

28. No prior application for the relief requested has been made. However, as noted, certain fees and expenses incurred during the Application Period were previously paid in accordance with the Interim Compensation Procedures Order.

## **LEGAL AUTHORITY FOR COMPENSATION**

29. All of the professional services for which this award is being sought hereby were rendered solely on behalf of the Trustee in connection with the chapter 11 cases herein.

30. Applicant respectfully submits that its services have benefited the Debtor's estate with the expertise and skill required to, among other things, conduct an investigation into estate assets located in Switzerland and seek the recovery of such assets. The services for which such compensation is requested were performed for and on behalf of the Trustee. Such services have been necessary to protect and enforce the rights and interests of the Debtor's estate in connection with these chapter 11 cases. The reasonable value of services rendered by Prager in these cases is based upon Prager's usual hourly rates for matters of this nature.

6 In the interest of maintaining confidentiality of the Trustee's ongoing investigation and litigation strategy, the Trustee has redacted the relevant portions of Prager's fee statements. Unredacted versions have been provided to the U.S. Trustee.

31. Section 330 of the Bankruptcy Code prescribes the general standards for determining the amount of compensation to be paid to professionals. The Applicant submits that the amount sought for the Application Period represents reasonable compensation for professional services rendered based upon the time spent, the nature, the extent, and the value of such services, taking into account the cost of comparable services in a non-bankruptcy case.

32. Section 331 of the Bankruptcy Code provides for interim compensation of professionals and incorporates the substantive standards of section 330 of the Bankruptcy Code to govern the Court's award of such compensation. Section 330(a) of the Bankruptcy Code provides that, after notice and a hearing, the Court may award a professional employed under 11 U.S.C. § 327 "reasonable compensation for actual, necessary services rendered" and "reimbursement for actual, necessary expenses." 11 U.S.C. § 330(a)(1).7

33. In determining the amount of "reasonable compensation," the Court must consider the nature, extent, and value of the services, taking into account all the relevant factors, including the time spent on such services, the rates charged for such services, whether the services were necessary and beneficial, whether the services were performed in a reasonable amount of time commensurate with the complexity, importance, and nature of the problem, issue, or task addressed, and whether the compensation is reasonable based on the customary compensation charged by comparably skilled practitioners in cases other than cases under the Bankruptcy Code. See 11 U.S.C. § 330(a)(3). The Court enjoys "considerable discretion in determining reasonable fee awards." *In re Ahead Communication Systems, Inc.*, 395 B.R. 512 (D. Conn. 2008).

7 Under section 328(a) of the Bankruptcy Code, with bankruptcy court approval, a trustee may employ professional persons under section 327(a) of the Bankruptcy Code "on any reasonable terms and conditions of employment, including on a retainer, on an hourly basis, on a fixed or percentage fee basis, or on a contingent fee basis." 11 U.S.C. § 328(a).

34. In assessing the "reasonableness" of the fees requested, the Second Circuit has stated that courts should consider the factors enumerated in *Johnson v. Ga. Highway Express, Inc.*, 8 while also incorporating the "lodestar method." *See Arbor Hill Concerned Citizens Neighborhood Ass'n v. County of Albany and Albany County Bd. of Elections*, 522 F.3d 182, 190 (2d Cir. 2007) (*citing Johnson v. Ga. Highway Express, Inc.*, 488 F.2d 714 (5th Cir.1974), *abrogated on other grounds* by *Blanchard v. Bergeron*, 489 U.S. 87, 92–93, 96 (1989)). The "lodestar method" of calculating the reasonable fee contemplates "the number of hours reasonably expended . . . multiplied by a reasonable hourly rate." *See Hensley v. Eckerhart*, 461 U.S. 424, 433 (1983); *Gisbrecht v. Barnhart*, 535 U.S. 789, 801 (2002); *Perdue v. Kenny A.*, 130 S.Ct. 1662, 1672 (2010); *In re Drexel Burnham Lambert Grp., Inc.*, 133 B.R. 13 (Bankr. S.D.N.Y. 1991). The factors set forth in *Johnson* and *In re First Colonial Corp. of Am.*, 544 F.2d 1291, 1298–99 (5th Cir. 1977) have been adopted by most courts.9 *See In re Nine Assocs., Inc.*, 76 B.R. 943, 945 (S.D.N.Y. 1987) (adopting *First Colonial/Johnson* analysis); *In re Cuisine Magazine, Inc.*, 61 B.R. 210, 212–13 (Bankr. S.D.N.Y 1986) (same); *Green v. City of New York*, 403 F. Appx. 626, 629 (2d Cir. 2010) (summary order); *see generally* 3 COLLIER ON BANKRUPTCY ¶ 330.03[9] (Lawrence P. King ed., 16th ed. 2016) (describing *First Colonial*

8 The twelve *Johnson* factors are (1) the time and labor required, (2) the novelty and difficulty of the questions, (3) the skill requisite to perform the legal service properly, (4) the preclusion of other employment by the attorney due to acceptance of the case, (5) the customary fee, (6) whether the fee is fixed or contingent, (7) the time limitations imposed by the client or the circumstances, (8) the amount involved and the results obtained, (9) the experience, reputation, and ability of the attorneys, (10) the "undesirability" of the case, (11) the nature and length of the professional relationship with the client, and (12) awards in similar cases. *Johnson*, 488 F.2d at 717-19.

9 The factors articulated in *First Colonial* were first articulated by the Fifth Circuit in *Johnson*, with the *First Colonial* court adding the factor of the "spirit of economy," which was later rejected by Congress. *See Stroock & Stroock & Lavan v. Hillsborough Holdings Corp. (In re Hillsborough Holdings Corp.)*, 127 F.3d 1398, 1403 (11th Cir. 1997).

and *Johnson* as the "leading cases with regard to the factors to be considered in determining a reasonable allowance of compensation").

35. In accordance with the factors enumerated in section 330 of the Bankruptcy Code and applicable case law, the amount requested herein by Prager is fair and reasonable.

36. Finally, this Application is being filed less than 120 days after the filing of Prager's immediately prior fee application (which was filed on October 24, 2025). Prager requests that the Court allow the early filing of this Application (as the Court is permitted to do under section 331 of the Bankruptcy Code). Prager files this Application at this time so as to receive payment of the 20% holdback before February 15, 2026, so that all the hours worked in and fees for September, October, November and December 2025 can be recognized in the firms' accounting for fiscal year 2025 (ending on December 31, 2025).

## **STATUTORY COMPLIANCE**

38. No agreement or understanding exists between Prager and any other person for the sharing of compensation received or to be received for services rendered in or in connection with this matter. Prager will not, in any form or guise, share or agree to share compensation for services with any person, nor will Prager share in the compensation for any other person rendering service in these cases, except as so provided by Section 504(b) of the Bankruptcy Code and Rule 2016 of the Bankruptcy Rules.

## **RESERVATION OF RIGHTS**

39. To the extent that time or disbursement charges for services rendered or expenses incurred during the Application Period are not included in this Application, or Prager has for any reason not sought compensation or reimbursement with respect to such services, Prager reserves the right to request compensation and reimbursement for such services in a supplemental or

future application in these chapter 11 cases. Also, Prager does not waive, and expressly reserves, its right to respond to any objections regarding this Application and the amounts sought for services rendered and expenses incurred.

WHEREFORE, Prager respectfully requests entry of an order, substantially in the form attached hereto, (i) allowing interim compensation for professional services rendered during the Application Period in the amount of CHF 466,970.00 and reimbursement of CHF 53,147.80 in expenses, (ii) authorizing and directing prompt payment of fees and expenses from the estate, to the extent not already paid, (iii) allowing such compensation and payment for professional services rendered without prejudice to Prager's right to seek further compensation and/or payment from the estates for the full value of services performed and expenses incurred, and (iv) granting Prager such other and further relief as is just.

Dated: January 15, 2026

By: */s/ Daniel Hayek*

Daniel Hayek PRAGER DREIFUSS AG Mühlebachstrasse 6 CH-8008 Zürich

*Swiss Law Counsel to Trustee*

# **IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION**

In re:

HO WAN KWOK, et al.,

Debtors.1

Chapter 11

) ) ) ) ) ) ) )

Case No. 22-50073 (JAM)

(Jointly Administered)

# **CERTIFICATE OF SERVICE**

The undersigned hereby certifies that on the date hereof, the foregoing application and all exhibits and attachments thereto (the "Application")2 was electronically filed. Notice of this filing was sent by e-mail to all parties to the above-captioned chapter 11 cases by operation of the Court's electronic filing ("CM/ECF") system or by mail to anyone unable to accept electronic filing as indicated on the Notice of Electronic Filing.3 In addition, to the extent not covered by the foregoing, copies of the Application were served on the twenty (20) largest creditors in the Debtor's chapter 11 case. Parties may access this filing through the Court's CM/ECF system.

2 Capitalized terms used but not defined in this Certification shall have the meanings ascribed to them in the Application.

3 To the extent that the foregoing was filed outside regular business hours, service by mail on recipients unable or not qualified to accept electronic notice was made on the next business day.

Dated: January 15, 2026

New York, New York By: */s/ G. Alexander Bongartz*

G. Alexander Bongartz (*pro hac vice*) Douglass Barron (*pro hac vice*) PAUL HASTINGS LLP 200 Park Avenue New York, New York 10166 (212) 318-6000 alexbongartz@paulhastings.com douglassbarron@paulhastings.com

*Counsel for the Chapter 11 Trustee*

Case 22-50073 Doc 4970 Filed 01/15/26 Entered 01/15/26 13:39:19 Page 19 of 53

# **EXHIBIT A**

**Proposed Order**

# **UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION**

| -------------------------------------------------------------- | x | |----------------------------------------------------------------|-------------------------------------| | In re: | : : Chapter 11 | | HO WAN KWOK, et al., | : : Case No. 22-50073 (JAM) | | Debtors.1 | : : Jointly Administered : | | -------------------------------------------------------------- | x |

# **[PROPOSED] ORDER GRANTING SIXTH INTERIM FEE APPLICATION OF PRAGER DREIFUSS AG, AS SWISS LAW COUNSEL, FOR COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR PERIOD FROM SEPTEMBER 1, 2025 THROUGH DECEMBER 31, 2025**

Upon consideration of the Application (the "Application")2 of Prager Dreifuss AG

("Prager"), as Swiss law counsel for Luc A. Despins, in his capacity as the chapter 11 trustee (the

"Trustee") appointed in the chapter 11 case of Ho Wan Kwok (the "Debtor"), for interim

allowance of compensation and reimbursement of expenses from September 1, 2025 through

December 31, 2025; and sufficient notice having been given; and a hearing having been held on

\_\_\_\_\_\_\_, 2026 and due consideration having been given to any responses thereto; and sufficient

cause having been shown therefor, it is hereby:

1. ORDERED that the Application is granted, pursuant to 11 U.S.C. §§ 330 and 331,

to the extent set forth herein, and compensation in the amount of CHF 466,970.00 and

reimbursement of expenses in the amount of CHF 53,147.80 are awarded to Prager, subject to

2 Capitalized terms not otherwise defined herein adopt the definitions set forth in the Application.

final adjustment and disgorgement in the event all administrative expenses are not paid in full; it is further

2. ORDERED that nothing herein modified the Retention Order; it is further

3. ORDERED that the estates are authorized and directed to pay the amounts not already paid to Prager as requested in the Application, which total CHF 93,394.00, *i.e.*, 20% of the fees allowed in paragraph 1 above, within fourteen days of the date of this Order; it is further

4. ORDERED that, notwithstanding the time restrictions in section 331 of the Bankruptcy Code, Prager is permitted to file the Application.

5. ORDERED that this Court shall retain jurisdiction to hear and determine all matters arising from the implementation of this Order; it is further

6. ORDERED that the Trustee and Prager are authorized and empowered to take all necessary actions to implement the relief granted in this Order; it is further

7. ORDERED that notwithstanding the possible applicability of Bankruptcy Rules 6006(d), 7062, 9014, or otherwise, the terms and conditions of this Order shall be immediately effective and enforceable upon its entry; and it is further

8. ORDERED that all time periods set forth in this Order shall be calculated in accordance with Bankruptcy Rule 9006(a).

Case 22-50073 Doc 4970 Filed 01/15/26 Entered 01/15/26 13:39:19 Page 22 of 53

## **EXHIBIT B**

## **Timekeeper Summary**

| Name | Hours | Rate CHF | Amount CHF | |--------------------|----------|----------|------------| | Hayek, Daniel | 40.05 | 800.00 | 32,040.00 | | Hinze, Chiara | 270.00 | 175.00 | 47,250.00 | | Jany, Oliver | 437.40 | 425.00 | 185,895.00 | | Jegher, Gion | 16.40 | 700.00 | 11,480.00 | | Meili, Mark | 57.55 | 600.00 | 34,530.00 | | Rashidi, Puya | 24.00 | 175.00 | 4,200.00 | | Vomvoris, Eleonora | 505.25 | 300.00 | 151,575.00 | | TOTAL | 1,350.65 | | 466,970.00 |

Case 22-50073 Doc 4970 Filed 01/15/26 Entered 01/15/26 13:39:19 Page 23 of 53

# **EXHIBIT C**

**Fee Detail**

#### **Details of invoice no. 201334-25-20**

Invoice period: September 1, 2025 – September 30, 2025

#### **Legal Fees**

| Date | Service | Name | VAT | Hours | |------------|----------------------------------------------------------|------|-------|-------| | 01.09.2025 | Internal discussion with EVS | OJY | 0.00% | 0.30 | | 01.09.2025 | Draft: | OJY | 0.00% | 0.55 | | 01.09.2025 | internal discussion with OJY | EVS | 0.00% | 0.30 | | 01.09.2025 | Internal Discussion with GJ | OJY | 0.00% | 0.50 | | 01.09.2025 | internal discussion with OJY | GJ | 0.00% | 0.50 | | 01.09.2025 | Internal Discussion with new trainee re research | OJY | 0.00% | 0.50 | | 01.09.2025 | Email (internal) re | OJY | 0.00% | 0.20 | | 01.09.2025 | Research re | OJY | 0.00% | 1.50 | | 01.09.2025 | Speaking Points re Update Calls Marxer | OJY | 0.00% | 2.55 | | 01.09.2025 | speaking points re call Liechtenstein | EVS | 0.00% | 0.75 | | 01.09.2025 | research re | EVS | 0.00% | 0.50 | | 01.09.2025 | research re | HIN | 0.00% | 1.50 | | 01.09.2025 | Internal discussion with OJY | HIN | 0.00% | 0.50 | | 02.09.2025 | work on | EVS | 0.00% | 2.65 | | 02.09.2025 | Preparation for Call with Marxer Liechtenstein | OJY | 0.00% | 0.60 | | 02.09.2025 | Call with Marxer re next steps with HA, GJ, MMA, EVS | OJY | 0.00% | 0.80 | | 02.09.2025 | Internal discussion re Marxer call with HA, MMA, EVS | OJY | 0.00% | 0.30 | | 02.09.2025 | Internal discussion with EVS re next steps | OJY | 0.00% | 0.30 | | 02.09.2025 | Internal discussion with GJ | OJY | 0.00% | 0.10 | | 02.09.2025 | Preparation, call law firm Marxer, Jochen Schreiber etc. | HA | 0.00% | 1.30 | | 02.09.2025 | Call Büro Marxer and Luc Despins | HA | 0.00% | 1.00 | | 02.09.2025 | Call with PH and Marxer | OJY | 0.00% | 0.70 | | 02.09.2025 | Internal discussion with HA, GJ, MMA EVS re Call | OJY | 0.00% | 0.30 | | 02.09.2025 | Call PH/Marxer | EVS | 0.00% | 0.70 | | 02.09.2025 | Call Marxer | EVS | 0.00% | 0.80 | | 02.09.2025 | internal discussion OJY re next steps | EVS | 0.00% | 0.30 | | 02.09.2025 | prep call Marxer/PH | EVS | 0.00% | 0.30 | | 02.09.2025 | internal discussion HA/MMA/GJ/OJY re call PH/Marxer | EVS | 0.00% | 0.30 | | 02.09.2025 | instruction and discussion HIN re | EVS | 0.00% | 1.00 | | 02.09.2025 | research re | HIN | 0.00% | 2.50 | | 02.09.2025 | Call with Marxer re next steps with HA, MMA, OJY, EVS | GJ | 0.00% | 0.80 | | 02.09.2025 | Preparation for Call with Marxer Liechtenstein | GJ | 0.00% | 0.70 |

| 02.09.2025 | Call with PH and Marxer | GJ | 0.00% | 0.70 | |------------|-------------------------------------------------------|-----|-------|------| | 02.09.2025 | Internal discussion with OJY | GJ | 0.00% | 0.10 | | 02.09.2025 | Review: | OJY | 0.00% | 0.55 | | 02.09.2025 | Internal discussion with HA re next steps | OJY | 0.00% | 0.40 | | 02.09.2025 | Internal discussion with EVS re next steps | OJY | 0.00% | 0.80 | | 02.09.2025 | Update | OJY | 0.00% | 0.70 | | 02.09.2025 | prepare call with Marxer re Liechtenstein proceedings | MMA | 0.00% | 0.30 | | 02.09.2025 | Call with PH and Marxer re Liechtenstein proceedings | MMA | 0.00% | 0.70 | | 02.09.2025 | Call Marxer re Liechtenstein proceedings | MMA | 0.00% | 0.80 | | 02.09.2025 | Internal discussion | HA | 0.00% | 0.40 | | 02.09.2025 | Internal discussion (MMA, OJY, EVS) | HA | 0.00% | 0.30 | | 02.09.2025 | Internal discussion (HA, OJY, EVS) | MMA | 0.00% | 0.30 | | 03.09.2025 | review draft ; message to OJY re same | GJ | 0.00% | 1.50 | | 03.09.2025 | Review: Data re | OJY | 0.00% | 1.20 | | 03.09.2025 | work on | EVS | 0.00% | 7.00 | | 03.09.2025 | Draft: Speaking Points re | OJY | 0.00% | 2.15 | | 03.09.2025 | Research re | OJY | 0.00% | 0.60 | | 03.09.2025 | Draft: | OJY | 0.00% | 1.45 | | 03.09.2025 | Review: Marxer's Submission | OJY | 0.00% | 2.60 | | 03.09.2025 | Call Luc/Alex/MMA/OJY | EVS | 0.00% | 0.30 | | 03.09.2025 | Call with Trustee | OJY | 0.00% | 0.30 | | 03.09.2025 | internal discussion with OJY re | GJ | 0.00% | 0.20 | | 03.09.2025 | Internal discussion with EVS | OJY | 0.00% | 1.20 | | 03.09.2025 | internal discussion | EVS | 0.00% | 1.20 | | 03.09.2025 | Conf. OJY re: | HA | 0.00% | 0.50 | | 03.09.2025 | Review | MMA | 0.00% | 0.20 | | 03.09.2025 | rev. data re | MMA | 0.00% | 0.30 | | 03.09.2025 | rev. draft | MMA | 0.00% | 0.30 | | 03.09.2025 | rev. files re | MMA | 0.00% | 0.30 | | 03.09.2025 | call PH re | MMA | 0.00% | 0.20 | | 03.09.2025 | review of | HIN | 0.00% | 2.00 | | 03.09.2025 | research re | HIN | 0.00% | 3.75 | | 03.09.2025 | internal discussion GJ re | OJY | 0.00% | 0.20 | | 04.09.2025 | work on , rev. input PH | EVS | 0.00% | 8.25 | | 04.09.2025 | Internal discussion with EVS re | OJY | 0.00% | 1.20 | | 04.09.2025 | Preparation re | OJY | 0.00% | 2.00 | | 04.09.2025 | rev. e-mail re | EVS | 0.00% | 0.40 | | 04.09.2025 | Internal discussion with intern re | OJY | 0.00% | 0.05 |

| 04.09.2025 | Draft: | OJY | 0.00% | 4.75 | |------------|---------------------------------------------------------------|-----|-------|------| | 04.09.2025 | Internal discussion with intern re | EVS | 0.00% | 0.30 | | 04.09.2025 | research re and starting draft memorandum | HIN | 0.00% | 5.00 | | 04.09.2025 | Internal discussion OJY re and input PH | EVS | 0.00% | 1.20 | | 05.09.2025 | prep. | MMA | 0.00% | 0.50 | | 05.09.2025 | conciliation hearing Kriens | MMA | 0.00% | 5.00 | | 05.09.2025 | Concilliation Proceeding | OJY | 0.00% | 5.00 | | 05.09.2025 | Draft: Email re | OJY | 0.00% | 0.30 | | 05.09.2025 | rev. | EVS | 0.00% | 3.60 | | 05.09.2025 | conciliation hearing Kriens | EVS | 0.00% | 5.00 | | 05.09.2025 | Preparation re Update Call | OJY | 0.00% | 0.30 | | 05.09.2025 | Update Call | OJY | 0.00% | 1.30 | | 05.09.2025 | Update Call PH/OJY | EVS | 0.00% | 1.30 | | 05.09.2025 | Internal discussion with EVS re Update Call and next steps | OJY | 0.00% | 1.00 | | 05.09.2025 | Internal discussion OJY re update call PH | EVS | 0.00% | 1.00 | | 05.09.2025 | Draft: Internal Update Email re Update Call | OJY | 0.00% | 1.15 | | 05.09.2025 | draft memorandum re | HIN | 0.00% | 6.00 | | 05.09.2025 | emails re | GJ | 0.00% | 0.30 | | 05.09.2025 | prepare update call Paul Hastings | EVS | 0.00% | 0.60 | | 05.09.2025 | rev. | MMA | 0.00% | 1.50 | | 08.09.2025 | Internal discussion OJY re | EVS | 0.00% | 0.85 | | 08.09.2025 | Memorandum re | HIN | 0.00% | 4.25 | | 08.09.2025 | Internal Discussion with EVS re | OJY | 0.00% | 0.85 | | 08.09.2025 | work on | EVS | 0.00% | 6.25 | | 08.09.2025 | Email | OJY | 0.00% | 0.40 | | 08.09.2025 | Email | OJY | 0.00% | 0.20 | | 08.09.2025 | Update Call | OJY | 0.00% | 0.40 | | 08.09.2025 | Call with peace judge | OJY | 0.00% | 0.15 | | 08.09.2025 | Emails re | OJY | 0.00% | 0.55 | | 08.09.2025 | Conf. OJY, Tel. , | HA | 0.00% | 0.70 | | 08.09.2025 | rev. minutes conciliation hearing | MMA | 0.00% | 0.10 | | 08.09.2025 | conf OJY re | MMA | 0.00% | 0.10 | | 08.09.2025 | Research re | HIN | 0.00% | 0.75 | | 08.09.2025 | Internal discussion with HA, EVS re next steps | OJY | 0.00% | 0.60 | | 08.09.2025 | Internal discussion HA, OJY re next steps | EVS | 0.00% | 0.60 | | 08.09.2025 | edit | EVS | 0.00% | 0.75 | | 08.09.2025 | email OJY/EVS re | MMA | 0.00% | 0.30 | | 08.09.2025 | call peace judge Kriens | EVS | 0.00% | 0.15 |

| 08.09.2025 | Internal discussion with Team - next steps | HA | 0.00% | 0.60 | |------------|-----------------------------------------------------------------|-----|-------|------| | 09.09.2025 | edit | EVS | 0.00% | 1.20 | | 09.09.2025 | work on memorandum re | HIN | 0.00% | 4.50 | | 09.09.2025 | Call with peace judge | OJY | 0.00% | 0.40 | | 09.09.2025 | work on | EVS | 0.00% | 1.55 | | 09.09.2025 | Internaldiscussion with EVS | OJY | 0.00% | 1.55 | | 09.09.2025 | Internal discussion with OJY | EVS | 0.00% | 0.55 | | 09.09.2025 | Email re Update Call | OJY | 0.00% | 0.40 | | 09.09.2025 | Update call Trustee | EVS | 0.00% | 0.20 | | 09.09.2025 | Update Call | OJY | 0.00% | 0.20 | | 09.09.2025 | Draft: | OJY | 0.00% | 0.50 | | 09.09.2025 | Call re | OJY | 0.00% | 0.50 | | 09.09.2025 | Call | EVS | 0.00% | 0.50 | | 09.09.2025 | internal discussion OJY re | EVS | 0.00% | 1.00 | | 09.09.2025 | Conf. OYY re. proceducral points, Call Lux and Alex re: same | HA | 0.00% | 0.90 | | 09.09.2025 | Discussion with intern re | OJY | 0.00% | 0.30 | | 09.09.2025 | email OJY/EVS re | MMA | 0.00% | 0.20 | | 10.09.2025 | Draft: | OJY | 0.00% | 0.70 | | 10.09.2025 | draft | EVS | 0.00% | 4.10 | | 10.09.2025 | Internal Discussion with Chiara re | OJY | 0.00% | 1.00 | | 10.09.2025 | Draft: | OJY | 0.00% | 5.20 | | 10.09.2025 | draft and internal discussion with OJY thereof | HIN | 0.00% | 2.50 | | 10.09.2025 | work on memorandum re | HIN | 0.00% | 2.50 | | 10.09.2025 | rev. and discuss | EVS | 0.00% | 1.50 | | 10.09.2025 | Review: | OJY | 0.00% | 1.80 | | 10.09.2025 | Conf. OJY re: | HA | 0.00% | 0.30 | | 10.09.2025 | Call with re | OJY | 0.00% | 0.30 | | 10.09.2025 | rev. | MMA | 0.00% | 0.20 | | 11.09.2025 | Review: | OJY | 0.00% | 0.40 | | 11.09.2025 | E-Mail re | OJY | 0.00% | 0.30 | | 11.09.2025 | Internal discussion with HA re | OJY | 0.00% | 0.20 | | 11.09.2025 | Internal discussion with EVS re next steps | OJY | 0.00% | 0.20 | | 11.09.2025 | Draft: | OJY | 0.00% | 4.85 | | 11.09.2025 | internal discussion OJY | EVS | 0.00% | 0.20 | | 11.09.2025 | rev. | EVS | 0.00% | 0.50 | | 11.09.2025 | rev. email OJY re | MMA | 0.00% | 0.10 | | 11.09.2025 | Email: re | OJY | 0.00% | 0.55 | | 11.09.2025 | - discussion OJY | HA | 0.00% | 0.20 |

| 12.09.2025 | draft | EVS | 0.00% | 2.90 | |------------|------------------------------------------------------------------------------|-----|-------|------| | 12.09.2025 | Email: re | OJY | 0.00% | 0.70 | | 12.09.2025 | Draft: | OJY | 0.00% | 3.20 | | 12.09.2025 | Legal Research re | OJY | 0.00% | 0.90 | | 12.09.2025 | Email to Marxer re submission | OJY | 0.00% | 0.30 | | 12.09.2025 | Internal discussion OJY re workstreams | EVS | 0.00% | 0.60 | | 12.09.2025 | Internal discussion with EVS re next steps | OJY | 0.00% | 0.60 | | 12.09.2025 | review apostille documents | EVS | 0.00% | 0.45 | | 12.09.2025 | Review: Apostilled documents | OJY | 0.00% | 0.40 | | 15.09.2025 | research re | HIN | 0.00% | 2.15 | | 15.09.2025 | review | EVS | 0.00% | 4.75 | | 15.09.2025 | create a list of | HIN | 0.00% | 0.40 | | 15.09.2025 | quick research re | HIN | 0.00% | 0.25 | | 15.09.2025 | e-mail to Luc and Alex | EVS | 0.00% | 0.50 | | 15.09.2025 | research re | EVS | 0.00% | 1.85 | | 15.09.2025 | internal discussion HA re | EVS | 0.00% | 0.45 | | 15.09.2025 | internal discussion MMA re | EVS | 0.00% | 0.40 | | 15.09.2025 | conf EVS re | MMA | 0.00% | 0.30 | | 15.09.2025 | email Luc and Alex re | MMA | 0.00% | 0.30 | | 15.09.2025 | Internal discussion / EVS | HA | 0.00% | 0.45 | | 15.09.2025 | Internal discussion EVS | MMA | 0.00% | 0.40 | | 16.09.2025 | rev. | MMA | 0.00% | 0.20 | | 16.09.2025 | research re | HIN | 0.00% | 3.65 | | 16.09.2025 | emails Luc re | MMA | 0.00% | 0.30 | | 16.09.2025 | rol re | MMA | 0.00% | 0.30 | | 16.09.2025 | rev. , Call | HA | 0.00% | 1.90 | | 16.09.2025 | Call | MMA | 0.00% | 0.40 | | 16.09.2025 | review | MMA | 0.00% | 2.00 | | 16.09.2025 | Call | EVS | 0.00% | 0.40 | | 16.09.2025 | various E-Mails with PH | EVS | 0.00% | 0.50 | | 16.09.2025 | rev. | EVS | 0.00% | 1.80 | | 17.09.2025 | rev. | EVS | 0.00% | 1.00 | | 17.09.2025 | draft | EVS | 0.00% | 4.00 | | 17.09.2025 | research re and internal discussion EVS | HIN | 0.00% | 3.50 | | 17.09.2025 | Call Luc/Alex/MMA/HA re | EVS | 0.00% | 0.40 | | 17.09.2025 | rev. , Call Luc re: , and Update call Prager Dreifuss/Paul Hastings | HA | 0.00% | 2.70 |

| 17.09.2025 | Call |------------|-------------- | 17.09.2025 | research | 17.09.2025 | prep. | 17.09.2025 | Call Luc and Alex re | 17.09.2025 | Call | 17.09.2025 | email Alex re | 17.09.2025 | Call | 17.09.2025 | prep. call Luc | 17.09.2025 | Internal | 17.09.2025 | Call | 18.09.2025 | draft | 18.09.2025 | work on | 18.09.2025 | research re | 18.09.2025 | rev. , | 18.09.2025 | Call Alex and Luyi re | 18.09.2025 | rev. analysis EVS re | 18.09.2025 | Call court re | 18.09.2025 | Call | 18.09.2025 | draft | 18.09.2025 | Call Alex and Luyi re | 18.09.2025 | Call | 18.09.2025 | Call District Court re | 18.09.2025 | draft brief re | 18.09.2025 | draft | 19.09.2025 | Draft | 19.09.2025 | rev. | 19.09.2025 | prepare | 20.09.2025 | Review: | 22.09.2025 | Internal | 22.09.2025 | Review: | 22.09.2025 | Review: | 22.09.2025 | Internal | 22.09.2025 | work on | 22.09.2025 | Draft: | 22.09.2025 | Call Paul Hastings and PD | 22.09.2025 | Call | 22.09.2025 | rev. law on | 22.09.2025 | Call: Marxer and PD | HA | 0.00% | 0.30 | ------------------------------------------|-----|-------|------| re ; e-mail to team | EVS | 0.00% | 2.00 | call Luc and Alex re | MMA | 0.00% | 0.50 | | MMA | 0.00% | 0.40 | | MMA | 0.00% | 0.30 | | MMA | 0.00% | 0.10 | | EVS | 0.00% | 0.30 | | EVS | 0.00% | 0.50 | Call with EVS re Update | OJY | 0.00% | 0.50 | Luc/Alex/MMA/EVS - re | HA | 0.00% | 0.40 | | EVS | 0.00% | 2.95 | | HIN | 0.00% | 0.65 | | EVS | 0.00% | 0.95 | Call Gerichtspräsident Kriens, Call | HA | 0.00% | 1.90 | | EVS | 0.00% | 0.50 | | MMA | 0.00% | 0.30 | | MMA | 0.00% | 0.20 | | MMA | 0.00% | 0.50 | | HIN | 0.00% | 1.50 | | MMA | 0.00% | 0.50 | | EVS | 0.00% | 0.50 | | EVS | 0.00% | 0.20 | | EVS | 0.00% | 1.50 | | EVS | 0.00% | 2.05 | | EVS | 0.00% | 7.00 | | MMA | 0.00% | 1.00 | | HIN | 0.00% | 0.30 | E-Mails from the week | OJY | 0.00% | 1.20 | discussion with EVS re Update | OJY | 0.00% | 1.00 | | OJY | 0.00% | 4.55 | | OJY | 0.00% | 1.00 | discussion with OJY re update | EVS | 0.00% | 1.00 | | HIN | 0.00% | 4.00 | | OJY | 0.00% | 1.05 | | EVS | 0.00% | 0.40 | Marxer&Partner, Call Luc and Marxer, Debrief Team | HA | 0.00% | 1.00 | | HA | 0.00% | 0.70 | | OJY | 0.00% | 0.30 |

| 22.09.2025 | Call: PH, Marxer, and PD | OJY | 0.00% | 0.80 | |------------|-----------------------------------------------|-----|-------|------| | 22.09.2025 | research re | HIN | 0.00% | 2.30 | | 22.09.2025 | Research discussion with intern re | OJY | 0.00% | 0.45 | | 22.09.2025 | Call: Marxer and PD | MMA | 0.00% | 0.30 | | 22.09.2025 | Call: PH, Marxer, and PD | MMA | 0.00% | 0.80 | | 22.09.2025 | rev. updated brief re | MMA | 0.00% | 0.40 | | 22.09.2025 | Call with PH and PD re | OJY | 0.00% | 0.40 | | 22.09.2025 | Call Luc and Alex re: | HA | 0.00% | 0.50 | | 22.09.2025 | Call Marxer and PD | EVS | 0.00% | 0.30 | | 22.09.2025 | Call Marxer, Paul Hastings, PD | EVS | 0.00% | 0.80 | | 22.09.2025 | work on | EVS | 0.00% | 1.75 | | 22.09.2025 | Call with PH and PD re | MMA | 0.00% | 0.40 | | 22.09.2025 | review emails; conf OJY | GJ | 0.00% | 0.30 | | 23.09.2025 | Review: | OJY | 0.00% | 3.10 | | 23.09.2025 | draft memo re internal discussion OJY | HIN | 0.00% | 7.75 | | 23.09.2025 | research re | EVS | 0.00% | 1.00 | | 23.09.2025 | Internal discussion re research with Chiara | OJY | 0.00% | 1.60 | | 23.09.2025 | Draft: Request to | OJY | 0.00% | 0.35 | | 23.09.2025 | Review: Marxer's letter to Counsel | OJY | 0.00% | 0.25 | | 23.09.2025 | Draft: | OJY | 0.00% | 4.00 | | 23.09.2025 | final review of | MMA | 0.00% | 0.40 | | 23.09.2025 | rev. draft | MMA | 0.00% | 0.20 | | 23.09.2025 | rev. | EVS | 0.00% | 0.20 | | 24.09.2025 | Draft: | OJY | 0.00% | 0.45 | | 24.09.2025 | draft memo re internal discussion OJY | HIN | 0.00% | 8.75 | | 24.09.2025 | reserach re | EVS | 0.00% | 1.00 | | 24.09.2025 | Draft: | OJY | 0.00% | 6.60 | | 24.09.2025 | Execute | MMA | 0.00% | 0.20 | | 24.09.2025 | Internal discussions with EVS re | OJY | 0.00% | 1.20 | | 24.09.2025 | Internal discussions OJY re | EVS | 0.00% | 1.20 | | 25.09.2025 | draft memo re ; internal discussion OJY | HIN | 0.00% | 5.30 | | 25.09.2025 | Draft: | OJY | 0.00% | 6.05 | | 25.09.2025 | Call with | OJY | 0.00% | 0.60 | | 25.09.2025 | Draft: | OJY | 0.00% | 0.20 | | 25.09.2025 | Call with | EVS | 0.00% | 0.60 | | 25.09.2025 | Draft: Email re | OJY | 0.00% | 0.70 | | 25.09.2025 | Review: Draft Memo re | OJY | 0.00% | 1.10 | | 25.09.2025 | Work on | EVS | 0.00% | 2.75 |

| 25.09.2025 | Internal discussion with EVS | OJY | 0.00% | 1.50 | |------------|----------------------------------------------|-----|-------|------| | 25.09.2025 | Internal discussion OJY | EVS | 0.00% | 1.50 | | 25.09.2025 | Email re | OJY | 0.00% | 0.20 | | 25.09.2025 | Call with Luyi re | EVS | 0.00% | 0.50 | | 25.09.2025 | prep. and call , debrief PD team | HA | 0.00% | 1.10 | | 25.09.2025 | Call with | MMA | 0.00% | 0.60 | | 26.09.2025 | Draft: | OJY | 0.00% | 4.75 | | 26.09.2025 | review draft memo re | HIN | 0.00% | 4.00 | | 26.09.2025 | Internal discussion with GJ re | OJY | 0.00% | 0.60 | | 26.09.2025 | Research re options to | OJY | 0.00% | 1.70 | | 26.09.2025 | work on | EVS | 0.00% | 1.50 | | 26.09.2025 | Update Call : re | OJY | 0.00% | 0.05 | | 26.09.2025 | Conf. OJY, prep and Call Luc, rev. , rev. | HA | 0.00% | 2.10 | | 26.09.2025 | Internal Discussion with EVS re next steps | OJY | 0.00% | 0.80 | | 26.09.2025 | Internal discussion OJY re next steps | EVS | 0.00% | 0.80 | | 26.09.2025 | rev. | EVS | 0.00% | 0.15 | | 26.09.2025 | rev. | MMA | 0.00% | 0.15 | | 27.09.2025 | Draft: | OJY | 0.00% | 4.20 | | 29.09.2025 | work on memo re | HIN | 0.00% | 7.80 | | 29.09.2025 | Draft: | OJY | 0.00% | 7.90 | | 29.09.2025 | Draft | EVS | 0.00% | 2.00 | | 30.09.2025 | work on | EVS | 0.00% | 2.20 | | 30.09.2025 | edit and revise memo re | HIN | 0.00% | 7.00 | | 30.09.2025 | Review: Memo re | OJY | 0.00% | 3.80 | | 30.09.2025 | Draft: | OJY | 0.00% | 5.45 | | 30.09.2025 | Internal discussion with EVS re next steps | OJY | 0.00% | 0.60 | | 30.09.2025 | research re | EVS | 0.00% | 2.00 | | 30.09.2025 | internal discussion OJY re next steps | EVS | 0.00% | 0.60 |

**Total excl. VAT 396.60**

#### **Expenses**

| Date | Text | VAT | Amount CHF | |------------|----------------------------------------------------------------|-------|------------| | 05.09.2025 | mileage expenses drive to concillation hearing Kriens and back | 0.00% | 86.40 | | 05.09.2025 | mileage expenses drive to concillation hearing Kriens and back | 0.00% | 115.20 | | 03.10.2025 | Disbursements | 0.00% | 2'852.40 |

#### **Total excl. VAT 3'054.00**

| Provider | Hours | Rate CHF | Amount CHF | |--------------------|--------|----------|------------| | Hayek, Daniel | 19.25 | 800.00 | 15'400.00 | | Hinze, Chiara | 95.05 | 175.00 | 16'633.75 | | Jany, Oliver | 136.00 | 425.00 | 57'800.00 | | Jegher, Gion | 5.10 | 700.00 | 3'570.00 | | Meili, Mark | 22.85 | 600.00 | 13'710.00 | | Vomvoris, Eleonora | 118.35 | 300.00 | 35'505.00 | | | 396.60 | 359.60 | 142'618.75 |

#### **Details of invoice no. 201334-25-21**

Invoice period: October 1, 2025 – October 31, 2025

#### **Legal Fees**

| Date | Service | Name | VAT | Hours | |------------|---------------------------------------------------------------------|------|-------|-------| | 01.10.2025 | work on | EVS | 0.00% | 2.00 | | 01.10.2025 | continue research and work on memo re | HIN | 0.00% | 6.20 | | 01.10.2025 | Preparation re internal discussion re | OJY | 0.00% | 0.60 | | 01.10.2025 | Internal discussion re | OJY | 0.00% | 0.40 | | 01.10.2025 | Internal discussion with EVS re next steps | OJY | 0.00% | 0.35 | | 01.10.2025 | E-Mail to Marxer re next steps | OJY | 0.00% | 2.35 | | 01.10.2025 | Call with | EVS | 0.00% | 0.40 | | 01.10.2025 | Call with | OJY | 0.00% | 0.40 | | 01.10.2025 | Internal discussion re | MMA | 0.00% | 0.40 | | 01.10.2025 | rev. memo re | EVS | 0.00% | 1.00 | | 01.10.2025 | Internal discussion re | HIN | 0.00% | 0.40 | | 01.10.2025 | rev. email OJY re | MMA | 0.00% | 0.20 | | 01.10.2025 | E-Mail to Marxer re next steps | EVS | 0.00% | 0.50 | | 01.10.2025 | Draft: | OJY | 0.00% | 5.10 | | 01.10.2025 | conf. GJ, MMA EVS, OJY re: | HA | 0.00% | 0.40 | | 01.10.2025 | internal discussion OJY re Liechtenstein | EVS | 0.00% | 0.35 | | 01.10.2025 | internal discussion HA, MMA, GJ re bearer | EVS | 0.00% | 0.40 | | 01.10.2025 | Update E-Mail to Luyi | EVS | 0.00% | 0.75 | | 01.10.2025 | rev. | HA | 0.00% | 0.70 | | 01.10.2025 | internal discussion HA, MMA, EVS re | GJ | 0.00% | 0.40 | | 02.10.2025 | work on research and memo re | HIN | 0.00% | 5.80 | | 02.10.2025 | work on | EVS | 0.00% | 3.95 | | 02.10.2025 | coordinate Call with Marxer | EVS | 0.00% | 0.40 | | 02.10.2025 | study email of and study of file and legal research regarding | GJ | 0.00% | 1.80 | | 02.10.2025 | rev. | EVS | 0.00% | 1.20 | | 02.10.2025 | Call with Marxer (and HA, MMA, GJ, HIN) | EVS | 0.00% | 1.00 | | 02.10.2025 | call with Liechtenstein lawyers; prepare same | GJ | 0.00% | 1.00 | | 02.10.2025 | Call with Liechtenstein lawyers | HIN | 0.00% | 1.00 | | 02.10.2025 | call with Liechtenstein lawyers | MMA | 0.00% | 1.00 |

| 02.10.2025 | Call Liechtenstein Lawyers, E-mails | HA | 0.00% | 1.00 | |------------|-----------------------------------------|-----|-------|------| | 02.10.2025 | Call Luc re: Liechtenstein | HA | 0.00% | 0.70 | | 03.10.2025 | work on research and memo re | HIN | 0.00% | 3.00 | | 03.10.2025 | Draft | EVS | 0.00% | 4.90 | | 03.10.2025 | draft | HIN | 0.00% | 3.40 | | 03.10.2025 | rev. emails re | MMA | 0.00% | 0.25 | | 03.10.2025 | conf EVS re | MMA | 0.00% | 0.20 | | 03.10.2025 | Draft | EVS | 0.00% | 2.60 | | 03.10.2025 | E-Mails Luc | HA | 0.00% | 0.50 | | 03.10.2025 | rev. e-mail Marxer and draft answer | EVS | 0.00% | 1.00 | | 03.10.2025 | conf MMA re | EVS | 0.00% | 0.20 | | 04.10.2025 | Review: Emails | OJY | 0.00% | 0.30 | | 06.10.2025 | draft | EVS | 0.00% | 6.55 | | 06.10.2025 | work on research and memo re | HIN | 0.00% | 5.80 | | 06.10.2025 | draft | EVS | 0.00% | 1.80 | | 06.10.2025 | search precedent | HIN | 0.00% | 1.00 | | 06.10.2025 | rev. letter | MMA | 0.00% | 0.25 | | 06.10.2025 | email to Liechtenstein lawyers re | MMA | 0.00% | 0.50 | | 07.10.2025 | draft | EVS | 0.00% | 4.80 | | 07.10.2025 | work on research and memo re | HIN | 0.00% | 4.00 | | 07.10.2025 | draft | EVS | 0.00% | 1.70 | | 07.10.2025 | Research re | HIN | 0.00% | 1.20 | | 07.10.2025 | review | EVS | 0.00% | 0.95 | | 07.10.2025 | rev. draft reply letter to | MMA | 0.00% | 0.30 | | 07.10.2025 | conf EVS re reply letter to | MMA | 0.00% | 0.10 | | 07.10.2025 | work on draft | HIN | 0.00% | 0.90 | | 07.10.2025 | review | MMA | 0.00% | 0.80 | | 07.10.2025 | rev. E-Mail from Marxer / answer E-Mail | EVS | 0.00% | 0.50 | | 07.10.2025 | rev. e-Mail Luyi and call Luyi re | EVS | 0.00% | 0.80 | | 07.10.2025 | email Luyi re | MMA | 0.00% | 0.30 | | 07.10.2025 | conf. MMA re reply to | EVS | 0.00% | 0.10 | | 08.10.2025 | draft | EVS | 0.00% | 8.55 | | 08.10.2025 | work on draft | HIN | 0.00% | 2.00 | | 08.10.2025 | rev. - comments MMA | EVS | 0.00% | 0.70 | | 08.10.2025 | further review of | MMA | 0.00% | 0.40 | | 08.10.2025 | email Luc and Alex re | MMA | 0.00% | 0.20 | | 09.10.2025 | work on | EVS | 0.00% | 7.65 | | 09.10.2025 | work on draft | HIN | 0.00% | 3.60 |

![](_page_34_Figure_1.jpeg)

| 15.10.2025 | rev. email Marxer re | MMA | 0.00% | 0.20 | |------------|------------------------------------------------|-----|-------|------| | 15.10.2025 | rev. Marxer e-mail re | EVS | 0.00% | 0.50 | | 16.10.2025 | draft , input PH | EVS | 0.00% | 8.15 | | 16.10.2025 | draft , incorporate input PH | HIN | 0.00% | 8.10 | | 16.10.2025 | E-Mails to PH team | EVS | 0.00% | 0.40 | | 16.10.2025 | Call Alex, Luyi, Douglass, MMA | EVS | 0.00% | 0.50 | | 16.10.2025 | Call Paul Hastings re | MMA | 0.00% | 0.50 | | 16.10.2025 | E-Mail to | EVS | 0.00% | 0.40 | | 16.10.2025 | Call Luyi and Douglass | EVS | 0.00% | 0.40 | | 17.10.2025 | draft , incorporate input PH | HIN | 0.00% | 8.00 | | 17.10.2025 | draft / incorporate feedback PH | EVS | 0.00% | 7.85 | | 17.10.2025 | Call ; research re | EVS | 0.00% | 0.50 | | 17.10.2025 | review machine translation of | EVS | 0.00% | 1.95 | | 17.10.2025 | rev. | MMA | 0.00% | 1.20 | | 17.10.2025 | email EVS re | MMA | 0.00% | 0.20 | | 17.10.2025 | e-mail feedback from MMA | EVS | 0.00% | 0.45 | | 17.10.2025 | E-mail to PH team | EVS | 0.00% | 0.40 | | 17.10.2025 | rev. revised and e-mail to MMA | EVS | 0.00% | 0.90 | | 17.10.2025 | e-mail to Vantage and PH re revised | EVS | 0.00% | 0.20 | | 18.10.2025 | rev. feedback OJY | EVS | 0.00% | 2.30 | | 18.10.2025 | Review: | OJY | 0.00% | 6.30 | | 19.10.2025 | draft - incoporate feedback PH and PD | EVS | 0.00% | 6.30 | | 19.10.2025 | review ; mark-up; internal email re same | GJ | 0.00% | 2.50 | | 19.10.2025 | Internal discussion re Draft with EVS | OJY | 0.00% | 0.80 | | 19.10.2025 | emails EVS re | MMA | 0.00% | 0.20 | | 19.10.2025 | internal discussion re Draft with OJY | EVS | 0.00% | 0.80 | | 19.10.2025 | E-Mail to team re status | EVS | 0.00% | 0.20 | | 19.10.2025 | rev. draft submission | HA | 0.00% | 3.70 | | 20.10.2025 | rev. draft , final review | EVS | 0.00% | 7.80 | | 20.10.2025 | Draft: | OJY | 0.00% | 8.95 | | 20.10.2025 | final review | MMA | 0.00% | 2.00 | | 20.10.2025 | review | HIN | 0.00% | 2.50 | | 20.10.2025 | file draft (post office) | EVS | 0.00% | 0.50 | | 20.10.2025 | Review Final Version | HA | 0.00% | 2.40 | | 20.10.2025 | Conf. OJY, MMA, EVS re final version | HA | 0.00% | 0.50 | | 20.10.2025 | Conf. HA, OJY, EVS re final version | MMA | 0.00% | 0.50 | | 20.10.2025 | Conf. HA, OJY, MMA re final version | EVS | 0.00% | 0.50 |

| 20.10.2025 | Conf. HA, MMA, EVS re final version | OJY | 0.00% | 0.50 | |------------|-------------------------------------------------|-----|-------|------| | 21.10.2025 | work on | EVS | 0.00% | 2.40 | | 21.10.2025 | rev. brief | MMA | 0.00% | 0.10 | | 21.10.2025 | Review: | OJY | 0.00% | 0.30 | | 21.10.2025 | Internal discussion with EVS re next steps | OJY | 0.00% | 0.30 | | 21.10.2025 | internal discussion with OJY re next steps | EVS | 0.00% | 0.30 | | 22.10.2025 | rev. | EVS | 0.00% | 0.40 | | 22.10.2025 | rev. Liechtenstein options and e-mail to Marxer | EVS | 0.00% | 1.80 | | 22.10.2025 | rev. | HA | 0.00% | 0.50 | | 22.10.2025 | Review: Memo re | OJY | 0.00% | 0.40 | | 23.10.2025 | E-Mail to Marxer and PH re calls | EVS | 0.00% | 0.40 | | 23.10.2025 | research re | HIN | 0.00% | 2.30 | | 23.10.2025 | work on | EVS | 0.00% | 4.25 | | 23.10.2025 | Review: Marxer's Legal Memo on | OJY | 0.00% | 2.20 | | 23.10.2025 | Call: with Marxer re Legal Memo | OJY | 0.00% | 0.40 | | 23.10.2025 | rev. Marxer Memo on | EVS | 0.00% | 0.90 | | 23.10.2025 | Call Marxer re Memo | HIN | 0.00% | 0.30 | | 23.10.2025 | Speaking Points re Update Call | OJY | 0.00% | 0.50 | | 23.10.2025 | Internal discussions with EVS re Calls | OJY | 0.00% | 0.60 | | 23.10.2025 | Call Marxer re Memo | EVS | 0.00% | 0.40 | | 23.10.2025 | Internal discussions OJY re Calls Marxer and PH | EVS | 0.00% | 0.60 | | 23.10.2025 | call Marxer re memo | MMA | 0.00% | 0.40 | | 23.10.2025 | rev. memo re: , Call Marxer re: same | HA | 0.00% | 1.10 | | 23.10.2025 | prepare for call with Marxer and PH | EVS | 0.00% | 0.40 | | 23.10.2025 | internal discussion OJY re next steps | EVS | 0.00% | 0.30 | | 23.10.2025 | Update Call Marxer and PH | EVS | 0.00% | 0.40 | | 23.10.2025 | Call: With PH, PD and Marxer | OJY | 0.00% | 0.40 | | 23.10.2025 | Call Marxer and PH | HIN | 0.00% | 0.40 | | 23.10.2025 | Update Call Marxer and PH | MMA | 0.00% | 0.40 | | 23.10.2025 | prep. call Marxer re memo | MMA | 0.00% | 0.30 | | 23.10.2025 | Internal discussion EVS re next steps | OJY | 0.00% | 0.30 | | 24.10.2025 | Draft: | OJY | 0.00% | 4.70 | | 24.10.2025 | draft | EVS | 0.00% | 5.10 | | 24.10.2025 | review and amend draft | HIN | 0.00% | 2.00 | | 27.10.2025 | Draft: | OJY | 0.00% | 4.35 | | 27.10.2025 | draft | EVS | 0.00% | 6.80 | | 27.10.2025 | Draft: | OJY | 0.00% | 3.60 | | 27.10.2025 | Internal discussion OJY re Memorandum | HIN | 0.00% | 0.50 |

| 27.10.2025 | Internal discussion with Chiara re Memorandum | OJY | 0.00% | 0.50 | |------------|-----------------------------------------------|-----|-------|------| | 27.10.2025 | work on draft Memo re | HIN | 0.00% | 2.30 | | 28.10.2025 | Review: Question re | OJY | 0.00% | 0.30 | | 28.10.2025 | Draft: | OJY | 0.00% | 5.95 | | 28.10.2025 | Email to | OJY | 0.00% | 0.55 | | 28.10.2025 | Research re | RPU | 0.00% | 1.00 | | 28.10.2025 | work on draft Memo re | HIN | 0.00% | 4.40 | | 28.10.2025 | conf OJY re | MMA | 0.00% | 0.20 | | 28.10.2025 | Call Gr | HA | 0.00% | 0.50 | | 28.10.2025 | Draft: Memo re | OJY | 0.00% | 0.65 | | 28.10.2025 | Conf MMA re | OJY | 0.00% | 0.20 | | 29.10.2025 | Draft: | OJY | 0.00% | 2.60 | | 29.10.2025 | draft | EVS | 0.00% | 2.55 | | 29.10.2025 | Internal discussions with EVS re next steps | OJY | 0.00% | 1.50 | | 29.10.2025 | Call: District Court | OJY | 0.00% | 0.20 | | 29.10.2025 | internal discussion OJY re next steps | EVS | 0.00% | 1.50 | | 29.10.2025 | review draft | EVS | 0.00% | 4.50 | | 29.10.2025 | Draft: Memo re | OJY | 0.00% | 4.00 | | 29.10.2025 | rev. response | MMA | 0.00% | 0.20 | | 29.10.2025 | work on draft Memo re Mortgages | HIN | 0.00% | 0.90 | | 30.10.2025 | draft | EVS | 0.00% | 6.00 | | 30.10.2025 | Memo: re | OJY | 0.00% | 6.00 | | 30.10.2025 | work on draft Memo re | HIN | 0.00% | 5.50 | | 30.10.2025 | review new documents from PH | EVS | 0.00% | 0.65 | | 31.10.2025 | work on draft Memo re | HIN | 0.00% | 1.30 | | 31.10.2025 | draft | EVS | 0.00% | 3.40 | | 31.10.2025 | Draft: Memo re | OJY | 0.00% | 2.75 | | 31.10.2025 | Draft: | OJY | 0.00% | 2.00 | | 31.10.2025 | Call Luyi re update | EVS | 0.00% | 0.50 | | 31.10.2025 | Call with Paul Hastings regarding | OJY | 0.00% | 0.50 | | 31.10.2025 | rev. memo re | EVS | 0.00% | 2.85 | | | | | | |

**Total excl. VAT 372.25**

### **Expenses**

| Total excl. VAT | | | 2'462.50 | |-----------------|---------------|-------|------------| | 06.11.2025 | Disbursements | 0.00% | 2'462.50 | | Date | Text | VAT | Amount CHF |

| Provider | Hours | Rate CHF | Amount CHF | |--------------------|--------|----------|------------| | Hayek, Daniel | 12.00 | 800.00 | 9'600.00 | | Hinze, Chiara | 92.00 | 175.00 | 16'100.00 | | Jany, Oliver | 71.80 | 425.00 | 30'515.00 | | Jegher, Gion | 5.70 | 700.00 | 3'990.00 | | Meili, Mark | 19.40 | 600.00 | 11'640.00 | | Rashidi, Puya | 1.00 | 175.00 | 175.00 | | Vomvoris, Eleonora | 170.35 | 300.00 | 51'105.00 | | | 372.25 | 330.75 | 123'125.00 |

## **Details of invoice no. 201334-25-22**

Invoice period: October 1, 2025 – October 31, 2025

## **Expenses**

| Date | Text | | VAT | Amount CHF | |------------|------------------------------|------------------------|-------|------------| | 01.10.2025 | Invoice | - research Switzerland | 0.00% | 20'000.00 | | 27.10.2025 | Invoice from (USD 10'500) | - Invoice Nr. | 0.00% | 8'606.73 |

**Total excl. VAT 28'606.75**

### **Details of invoice no. 201334-25-23**

Invoice period: September 15, 2025 – November 30, 2025

#### **Legal Fees**

| Date | Service | Name | VAT | Hours | |------------|------------------------------------------------------|------|-------|-------| | 03.11.2025 | Research: | OJY | 0.00% | 3.25 | | 03.11.2025 | Review: | OJY | 0.00% | 3.40 | | 03.11.2025 | Call: | OJY | 0.00% | 0.20 | | 03.11.2025 | Research: Options regarding | OJY | 0.00% | 2.20 | | 03.11.2025 | Conf. OJY re | RPU | 0.00% | 0.50 | | 03.11.2025 | Internal discussion with internal litigation team re | OJY | 0.00% | 0.60 | | 04.11.2025 | Review: | OJY | 0.00% | 6.25 | | 04.11.2025 | internal discussion OJY re work streams | EVS | 0.00% | 0.50 | | 04.11.2025 | Draft | EVS | 0.00% | 6.75 | | 04.11.2025 | Draft: Memo re | OJY | 0.00% | 0.90 | | 04.11.2025 | Research re | RPU | 0.00% | 0.50 | | 04.11.2025 | rev. and comment m , Conf. OJY, MMA | HA | 0.00% | 2.90 | | 04.11.2025 | E-Mail re Memo re | OJY | 0.00% | 0.65 | | 04.11.2025 | Rev. memo re | EVS | 0.00% | 0.45 | | 04.11.2025 | rev. memo re | MMA | 0.00% | 2.00 | | 04.11.2025 | conf OJY re | MMA | 0.00% | 0.20 | | 04.11.2025 | Internal discussion EVS - re work streams | OJY | 0.00% | 0.50 | | 05.11.2025 | Draft | EVS | 0.00% | 7.55 | | 05.11.2025 | Call with | OJY | 0.00% | 0.25 | | 05.11.2025 | Draft Memo re | OJY | 0.00% | 1.50 | | 06.11.2025 | draft | EVS | 0.00% | 7.00 | | 06.11.2025 | Draft | OJY | 0.00% | 5.45 | | 06.11.2025 | rev. and send Memo | HA | 0.00% | 0.70 | | 07.11.2025 | draft | EVS | 0.00% | 9.25 | | 07.11.2025 | Review draft | HIN | 0.00% | 7.00 | | 07.11.2025 | Review: Draft | OJY | 0.00% | 2.15 | | 07.11.2025 | e-mail to PH team re draft | EVS | 0.00% | 0.20 | | 10.11.2025 | rev. | EVS | 0.00% | 0.10 | | 10.11.2025 | draft | EVS | 0.00% | 4.05 | | 10.11.2025 | Internal discussion with EVS re next steps | OJY | 0.00% | 0.20 |

| 10.11.2025 | rev. US law documents provided by PH | EVS | 0.00% | 2.00 | |------------|-----------------------------------------------------|-----|-------|------| | 10.11.2025 | Research re | OJY | 0.00% | 1.75 | | 10.11.2025 | Review: | OJY | 0.00% | 1.20 | | 10.11.2025 | emails OJY/EVS re | MMA | 0.00% | 0.20 | | 10.11.2025 | call Guo Qiang's lawyer re | MMA | 0.00% | 0.30 | | 10.11.2025 | Internal discussion with OJY re next steps | EVS | 0.00% | 0.20 | | 11.11.2025 | draft | EVS | 0.00% | 4.00 | | 11.11.2025 | Internal discussion with EVS re | OJY | 0.00% | 1.00 | | 11.11.2025 | Review: | OJY | 0.00% | 5.40 | | 11.11.2025 | internal discussion OJY re | EVS | 0.00% | 1.00 | | 11.11.2025 | Review draft | HIN | 0.00% | 0.80 | | 12.11.2025 | draft | EVS | 0.00% | 3.25 | | 12.11.2025 | Review: | OJY | 0.00% | 2.70 | | 12.11.2025 | rev. | EVS | 0.00% | 2.00 | | 12.11.2025 | Email re Update Call re | OJY | 0.00% | 0.20 | | 12.11.2025 | Preparation for Update Call | OJY | 0.00% | 1.45 | | 12.11.2025 | rev. memo re | EVS | 0.00% | 1.90 | | 12.11.2025 | Review Memo re | HIN | 0.00% | 0.50 | | 12.11.2025 | Update Call re Memo re | OJY | 0.00% | 0.65 | | 12.11.2025 | Update Call re Memo | HIN | 0.00% | 0.65 | | 12.11.2025 | Legal Research re | OJY | 0.00% | 0.90 | | 12.11.2025 | Internal discussion OJY/EVS re Update Call re Memo | HIN | 0.00% | 0.50 | | 12.11.2025 | prep. call Paul Hastings re | MMA | 0.00% | 0.50 | | 12.11.2025 | call Paul Hastings re | MMA | 0.00% | 0.60 | | 13.11.2025 | research re | EVS | 0.00% | 2.95 | | 13.11.2025 | legal research re | HIN | 0.00% | 6.40 | | 13.11.2025 | Internal discussion with EVS re | OJY | 0.00% | 0.95 | | 13.11.2025 | internal discussion OJY re | EVS | 0.00% | 0.95 | | 13.11.2025 | draft | EVS | 0.00% | 0.85 | | 13.11.2025 | Internal discussion with Chiara re Memo re | OJY | 0.00% | 0.20 | | 13.11.2025 | internal discussion OJY re Memo re | HIN | 0.00% | 0.20 | | 13.11.2025 | Research re potential next steps re | OJY | 0.00% | 1.10 | | 13.11.2025 | review draft of memo re ; conf OJY re memo re | GJ | 0.00% | 0.80 | | 14.11.2025 | Work on legal research and Memo re | HIN | 0.00% | 2.50 | | 14.11.2025 | Legal Research re | OJY | 0.00% | 2.35 | | 14.11.2025 | Draft Memo re | OJY | 0.00% | 1.30 | | 14.11.2025 | Email to Alex B. re next steps | OJY | 0.00% | 0.20 | | 14.11.2025 | rev. draft | EVS | 0.00% | 3.00 |

| 15.11.2025 | Research re | OJY | 0.00% | 2.80 | |------------|-----------------------------------------------------------------------------------------------------|-----|-------|------| | 17.11.2025 | Draft: Memorandum | OJY | 0.00% | 5.50 | | 17.11.2025 | Research re | HIN | 0.00% | 1.60 | | 17.11.2025 | Emails: re Update Call | OJY | 0.00% | 0.25 | | 17.11.2025 | email Guo Qiang's lawyer re | MMA | 0.00% | 0.20 | | 17.11.2025 | Legal Review: | OJY | 0.00% | 0.60 | | 18.11.2025 | Legal Research re | OJY | 0.00% | 1.20 | | 18.11.2025 | research re and review memo | EVS | 0.00% | 2.45 | | 18.11.2025 | Draft: Speaking Points re Update Call | OJY | 0.00% | 0.70 | | 18.11.2025 | Email to Marxer re legal questions | OJY | 0.00% | 0.20 | | 18.11.2025 | draft | EVS | 0.00% | 2.00 | | 18.11.2025 | Internal Discussion re Call with HA, GJ, MMA, EVS, HIN | OJY | 0.00% | 0.50 | | 18.11.2025 | Update call | OJY | 0.00% | 0.50 | | 18.11.2025 | rev. amended memo re | MMA | 0.00% | 0.80 | | 18.11.2025 | internal discussion re | MMA | 0.00% | 0.50 | | 18.11.2025 | Call Paul Hastings re | MMA | 0.00% | 0.50 | | 18.11.2025 | internal discussion with HA, GJ, MMA, OJY, EVS re call | HIN | 0.00% | 0.50 | | 18.11.2025 | update call Paul Hastings re | HIN | 0.00% | 0.50 | | 18.11.2025 | rev. memo conf. OJY re: same | HA | 0.00% | 1.30 | | 18.11.2025 | prep and discussion team re: options | HA | 0.00% | 0.70 | | 18.11.2025 | Call Luc Despins | HA | 0.00% | 0.50 | | 18.11.2025 | update call PaulHastings | EVS | 0.00% | 0.50 | | 18.11.2025 | internal discussion HA, MMA, GJ, OJY, HIN | EVS | 0.00% | 0.50 | | 18.11.2025 | conf OJY re update and ; discussion team re options | GJ | 0.00% | 1.50 | | 18.11.2025 | update call with Paul Hastings regarding status of the various proceedings and options regarding | GJ | 0.00% | 0.50 | | 19.11.2025 | Review Memo re | HIN | 0.00% | 2.50 | | 19.11.2025 | draft / review claim | EVS | 0.00% | 6.10 | | 19.11.2025 | Review draft | HIN | 0.00% | 3.40 | | 19.11.2025 | Legal Research re | OJY | 0.00% | 2.65 | | 19.11.2025 | legal research re | EVS | 0.00% | 1.75 | | 20.11.2025 | Review draft | HIN | 0.00% | 1.20 | | 20.11.2025 | Review: Memo re | OJY | 0.00% | 0.50 | | 20.11.2025 | Legal Research re | OJY | 0.00% | 0.60 | | 20.11.2025 | rev. updated memo re | EVS | 0.00% | 1.15 | | 20.11.2025 | rev. draft | EVS | 0.00% | 5.75 | | 20.11.2025 | Call: | OJY | 0.00% | 0.25 | | 20.11.2025 | Legal Research Memo re | HIN | 0.00% | 5.00 |

| 20.11.2025 | Draft: | OJY | 0.00% | 1.50 | |------------|------------------------------------------|-----|-------|------| | 20.11.2025 | draft | EVS | 0.00% | 1.20 | | 20.11.2025 | Review: Comments re | OJY | 0.00% | 0.15 | | 20.11.2025 | Finalise Memo re | OJY | 0.00% | 1.40 | | 21.11.2025 | legal research re | HIN | 0.00% | 1.00 | | 21.11.2025 | call justice of the peace re | MMA | 0.00% | 0.30 | | 24.11.2025 | Finalization Draft Memo re | OJY | 0.00% | 1.80 | | 24.11.2025 | Draft | EVS | 0.00% | 4.30 | | 24.11.2025 | Draft: | OJY | 0.00% | 0.55 | | 24.11.2025 | Review draft | HIN | 0.00% | 1.90 | | 24.11.2025 | E-Mail to Marxer re Update | OJY | 0.00% | 0.20 | | 24.11.2025 | rev. order justice of the peace order re | MMA | 0.00% | 0.10 | | 24.11.2025 | E-Mails to Alex B. re calls | OJY | 0.00% | 0.20 | | 25.11.2025 | review | EVS | 0.00% | 2.00 | | 25.11.2025 | Internal discussion with EVS re | OJY | 0.00% | 0.40 | | 25.11.2025 | Review: | OJY | 0.00% | 1.70 | | 25.11.2025 | rev. update PH regarding | MMA | 0.00% | 0.25 | | 25.11.2025 | Draft: | OJY | 0.00% | 1.95 | | 25.11.2025 | Draft | EVS | 0.00% | 2.80 | | 25.11.2025 | Legal Research re | OJY | 0.00% | 1.05 | | 25.11.2025 | Preparation for Update call re | OJY | 0.00% | 0.10 | | 25.11.2025 | Update Call re Memo with PH | OJY | 0.00% | 0.85 | | 25.11.2025 | research re | EVS | 0.00% | 1.25 | | 25.11.2025 | Draft: Memo re | OJY | 0.00% | 3.25 | | 25.11.2025 | Update Call re Memo | HIN | 0.00% | 0.80 | | 25.11.2025 | conf. OJY/EVS re update call | HIN | 0.00% | 0.50 | | 25.11.2025 | Update Call re Memo with PH | MMA | 0.00% | 0.85 | | 25.11.2025 | Update call PaulHastings re Memo | EVS | 0.00% | 0.85 | | 25.11.2025 | internal discussion OJY re | EVS | 0.00% | 0.40 | | 25.11.2025 | rev. e-mail re | EVS | 0.00% | 0.80 | | 26.11.2025 | Draft: Memo re | OJY | 0.00% | 3.45 | | 26.11.2025 | Internal Call with OJY re Memo | EVS | 0.00% | 2.85 | | 26.11.2025 | Internal Call with EVS re Memo re | OJY | 0.00% | 2.25 | | 26.11.2025 | research re | EVS | 0.00% | 3.95 | | 26.11.2025 | rev. memo | EVS | 0.00% | 0.55 | | 26.11.2025 | Legal Research re | OJY | 0.00% | 1.70 | | 27.11.2025 | research re | EVS | 0.00% | 2.90 | | 27.11.2025 | Call: Marxer re Memo re | OJY | 0.00% | 0.30 | | 27.11.2025 | Draft: Email re Marxer | OJY | 0.00% | 1.00 | | 27.11.2025 | Call | EVS | 0.00% | 0.30 |

![](_page_44_Figure_1.jpeg)

## **Expenses**

| Total excl. VAT | | | 1'840.45 | |-----------------|---------------|-------|------------| | 04.12.2025 | Disbursements | 0.00% | 1'840.45 | | Date | Text | VAT | Amount CHF |

| Provider | Hours | Rate CHF | Amount CHF | |--------------------|--------|----------|------------| | Hayek, Daniel | 6.10 | 800.00 | 4'880.00 | | Hinze, Chiara | 39.15 | 175.00 | 6'851.25 | | Jany, Oliver | 96.05 | 425.00 | 40'821.25 | | Jegher, Gion | 2.80 | 700.00 | 1'960.00 | | Meili, Mark | 8.00 | 600.00 | 4'800.00 | | Rashidi, Puya | 1.00 | 175.00 | 175.00 | | Vomvoris, Eleonora | 108.45 | 300.00 | 32'535.00 | | | 261.55 | 351.85 | 92'022.50 |

## **Details of invoice no. 201334-25-24**

Invoice period: November 30, 2025 – November 30, 2025

## **Expenses**

| Date | Text | VAT | Amount CHF | |------------|------------------------------------|-------|------------| | 30.11.2025 | (Invoice date: 15. September 2025) | 0.00% | 15'000.00 |

**Total excl. VAT 15'000.00**

#### **Details of invoice no. 201334-26-01**

Invoice period: December 1, 2025 – December 31, 2025

#### **Legal Fees**

| Date | Service | Name | VAT | Hours | |------------|------------------------------------------------------------|------|-------|-------| | 01.12.2025 | Legal Research re | HIN | 0.00% | 1.60 | | 01.12.2025 | Draft | EVS | 0.00% | 3.05 | | 01.12.2025 | Legal Research re | OJY | 0.00% | 1.35 | | 01.12.2025 | Draft: Memo re | OJY | 0.00% | 1.85 | | 01.12.2025 | Draft: Update E-Mail re | OJY | 0.00% | 1.40 | | 01.12.2025 | Legal research re | EVS | 0.00% | 1.80 | | 01.12.2025 | Internal Legal Discussion with EVS re | OJY | 0.00% | 0.50 | | 01.12.2025 | Review - | EVS | 0.00% | 2.20 | | 01.12.2025 | Review: Update from Marxer re | OJY | 0.00% | 2.80 | | 01.12.2025 | Internal legal discussion OJY re | EVS | 0.00% | 0.50 | | 01.12.2025 | amend draft email to client re status of Swiss proceedings | MMA | 0.00% | 0.70 | | 02.12.2025 | Draft email re Update in Switzerland | OJY | 0.00% | 1.05 | | 02.12.2025 | rev. | EVS | 0.00% | 3.50 | | 02.12.2025 | Review | HIN | 0.00% | 1.80 | | 02.12.2025 | Legal Reserach re | OJY | 0.00% | 0.50 | | 02.12.2025 | rev. | EVS | 0.00% | 2.60 | | 02.12.2025 | Review: | OJY | 0.00% | 0.45 | | 02.12.2025 | Internal discussion with EVS re | OJY | 0.00% | 1.15 | | 02.12.2025 | Review: | OJY | 0.00% | 4.35 | | 02.12.2025 | Email to Marxer re | OJY | 0.00% | 0.30 | | 02.12.2025 | Internal discussion OJY re | EVS | 0.00% | 1.15 | | 03.12.2025 | Review: | OJY | 0.00% | 4.70 | | 03.12.2025 | rev. | EVS | 0.00% | 1.00 | | 03.12.2025 | draft | EVS | 0.00% | 4.05 | | 03.12.2025 | Internal discussion with GJ re | OJY | 0.00% | 0.80 | | 03.12.2025 | Internal discussion with OJY re | GJ | 0.00% | 0.80 | | 03.12.2025 | Review: Input from Marxer re | OJY | 0.00% | 0.75 | | 03.12.2025 | Work on | HIN | 0.00% | 2.70 | | 03.12.2025 | question | EVS | 0.00% | 1.55 |

| 03.12.2025 | Call: Marxer re Information re Memo | OJY | 0.00% | 0.20 | |------------|---------------------------------------------------------|-----|-------|------| | 03.12.2025 | Work on | RPU | 0.00% | 2.75 | | 03.12.2025 | Internal discussion with EVS re Input from Marxer | OJY | 0.00% | 0.90 | | 03.12.2025 | research re submission of documents | EVS | 0.00% | 2.85 | | 03.12.2025 | Call: Alex B re submission of Documents | OJY | 0.00% | 0.20 | | 03.12.2025 | Legal Research re | OJY | 0.00% | 2.85 | | 03.12.2025 | Conf. with OJY | RPU | 0.00% | 0.25 | | 03.12.2025 | Conf. with RPU | OJY | 0.00% | 0.25 | | 04.12.2025 | draft | EVS | 0.00% | 2.95 | | 04.12.2025 | work on | HIN | 0.00% | 1.50 | | 04.12.2025 | Legal Review: re | OJY | 0.00% | 2.35 | | 04.12.2025 | Legal Research re | HIN | 0.00% | 2.80 | | 04.12.2025 | Call with Marxer re new developments in the proceedings | OJY | 0.00% | 0.60 | | 04.12.2025 | research re | EVS | 0.00% | 1.55 | | 04.12.2025 | Work on Submission re | RPU | 0.00% | 4.00 | | 04.12.2025 | Review: Documents to share with Marxer | OJY | 0.00% | 1.20 | | 04.12.2025 | Preparation re Call with PH re | OJY | 0.00% | 0.20 | | 04.12.2025 | Call with PH re | OJY | 0.00% | 0.40 | | 04.12.2025 | prep call re ; E-Mail to PH | EVS | 0.00% | 1.40 | | 04.12.2025 | E-Mail to PH re legal reserch re | OJY | 0.00% | 0.20 | | 04.12.2025 | Draft: Revised Memo re | OJY | 0.00% | 3.95 | | 04.12.2025 | Call with PH re | MMA | 0.00% | 0.40 | | 04.12.2025 | Preparation re Call with PH re | MMA | 0.00% | 0.20 | | 04.12.2025 | research re | EVS | 0.00% | 0.85 | | 04.12.2025 | Legal Research re | OJY | 0.00% | 0.70 | | 04.12.2025 | Call PH re | EVS | 0.00% | 0.40 | | 05.12.2025 | Draft: Memo re | OJY | 0.00% | 2.05 | | 05.12.2025 | research and review ; prepare e mail for clients | EVS | 0.00% | 3.30 | | 05.12.2025 | Work on Submission re | RPU | 0.00% | 3.50 | | 05.12.2025 | Review: Requested Documents from Marxer | OJY | 0.00% | 2.05 | | 05.12.2025 | Legal Research re | HIN | 0.00% | 2.80 | | 05.12.2025 | draft | EVS | 0.00% | 1.45 | | 05.12.2025 | rev. | EVS | 0.00% | 0.55 | | 06.12.2025 | Draft: Legal Memo re | OJY | 0.00% | 4.20 | | 08.12.2025 | rev. submission and comments re | EVS | 0.00% | 2.30 | | 08.12.2025 | Email re Call update | OJY | 0.00% | 0.20 | | 08.12.2025 | Call: GJ re | OJY | 0.00% | 0.30 | | 08.12.2025 | draft e-mail to PH re | EVS | 0.00% | 2.25 |

| 08.12.2025 | Review: Memo re | OJY | 0.00% | 1.25 | |------------|----------------------------------------------------------------------|-----|-------|------| | 08.12.2025 | Draft: Comments re | OJY | 0.00% | 2.55 | | 08.12.2025 | Legal Research re | HIN | 0.00% | 1.30 | | 08.12.2025 | Draft: Speaking Points re Update Call | OJY | 0.00% | 1.45 | | 08.12.2025 | Work on | RPU | 0.00% | 1.75 | | 08.12.2025 | rev. | MMA | 0.00% | 1.40 | | 08.12.2025 | draft | EVS | 0.00% | 1.90 | | 08.12.2025 | Update Call | OJY | 0.00% | 0.60 | | 08.12.2025 | Review: | OJY | 0.00% | 0.60 | | 08.12.2025 | Update Call with Paul Hastings re Swiss Proceedings | MMA | 0.00% | 0.60 | | 08.12.2025 | prep. update Call with Paul Hastings re Swiss Proceedings | MMA | 0.00% | 0.30 | | 08.12.2025 | rev. objection of Milson's counsel | HA | 0.00% | 1.00 | | 08.12.2025 | conf. team re: different procedures and deadlines ,etc., strategy | HA | 0.00% | 0.70 | | 08.12.2025 | Update Call PH | EVS | 0.00% | 0.60 | | 08.12.2025 | Call Luc, Alex and Louis | HA | 0.00% | 0.50 | | 08.12.2025 | Call | HA | 0.00% | 0.50 | | 08.12.2025 | Internal discusssion re preparation Update Call : HA, MMA, EVS | OJY | 0.00% | 0.30 | | 08.12.2025 | Internal discussion with EVS re work load | OJY | 0.00% | 0.50 | | 08.12.2025 | Legal research re | OJY | 0.00% | 2.60 | | 08.12.2025 | internal discussion with OJY re work streams | EVS | 0.00% | 0.50 | | 08.12.2025 | internal discussion with team re update call with PH | EVS | 0.00% | 0.30 | | 08.12.2025 | review comment on draft | GJ | 0.00% | 1.70 | | 08.12.2025 | call OJY re draft | GJ | 0.00% | 0.30 | | 08.12.2025 | Internal discusssion re preparation Update Call : HA, OJY, EVS | MMA | 0.00% | 0.30 | | 09.12.2025 | research and e-mail re | EVS | 0.00% | 3.00 | | 09.12.2025 | Review: Memo re | OJY | 0.00% | 2.35 | | 09.12.2025 | rev. | EVS | 0.00% | 0.95 | | 09.12.2025 | draft | EVS | 0.00% | 2.25 | | 09.12.2025 | Preparation re Call | OJY | 0.00% | 0.60 | | 09.12.2025 | Update Call | OJY | 0.00% | 1.55 | | 09.12.2025 | rev. draft email re | MMA | 0.00% | 0.40 | | 09.12.2025 | Update Call Alex, Luyi, OJY | EVS | 0.00% | 1.55 | | 09.12.2025 | rev. email Marxer on | MMA | 0.00% | 0.20 | | 09.12.2025 | E-Mail re | OJY | 0.00% | 0.30 | | 09.12.2025 | Legal Research re | HIN | 0.00% | 1.15 | | 09.12.2025 | prepare for call re | EVS | 0.00% | 0.40 | | 09.12.2025 | Draft: | OJY | 0.00% | 0.85 |

| 09.12.2025 | Draft: | OJY | 0.00% | 1.60 | |------------|------------------------------------|-----|-------|------| | 09.12.2025 | rev. memo re | EVS | 0.00% | 0.50 | | 10.12.2025 | Review: | OJY | 0.00% | 1.05 | | 10.12.2025 | Legal Research re | HIN | 0.00% | 4.80 | | 10.12.2025 | rev. memo re | EVS | 0.00% | 2.85 | | 10.12.2025 | Email to | OJY | 0.00% | 0.30 | | 10.12.2025 | Legal Research re | OJY | 0.00% | 1.25 | | 10.12.2025 | Review: | OJY | 0.00% | 1.35 | | 10.12.2025 | legal research re | EVS | 0.00% | 1.30 | | 10.12.2025 | Draft: | OJY | 0.00% | 3.00 | | 10.12.2025 | | EVS | 0.00% | 0.65 | | 10.12.2025 | draft | EVS | 0.00% | 2.50 | | 11.12.2025 | Legal Research re | HIN | 0.00% | 3.55 | | 11.12.2025 | Draft: | OJY | 0.00% | 6.15 | | 11.12.2025 | Draft | EVS | 0.00% | 1.75 | | 11.12.2025 | Draft: | OJY | 0.00% | 1.90 | | 11.12.2025 | Draft | EVS | 0.00% | 1.55 | | 11.12.2025 | Draft: | OJY | 0.00% | 1.35 | | 11.12.2025 | Legal Research re | HIN | 0.00% | 2.00 | | 11.12.2025 | Legal research re | RPU | 0.00% | 1.75 | | 11.12.2025 | rev. | MMA | 0.00% | 0.20 | | 11.12.2025 | rev. and discuss | EVS | 0.00% | 0.45 | | 12.12.2025 | Draft | EVS | 0.00% | 1.60 | | 12.12.2025 | Legal Research re | OJY | 0.00% | 2.30 | | 12.12.2025 | Legal Research re | HIN | 0.00% | 4.30 | | 12.12.2025 | Draft: Memo re | OJY | 0.00% | 4.35 | | 12.12.2025 | rev. memo re | EVS | 0.00% | 1.00 | | 12.12.2025 | Review Memo re | HIN | 0.00% | 1.20 | | 12.12.2025 | rev. letter to | EVS | 0.00% | 0.40 | | 12.12.2025 | rev. update email Paul Hastings on | MMA | 0.00% | 0.20 | | 15.12.2025 | Draft | EVS | 0.00% | 6.10 | | 15.12.2025 | Draft: | OJY | 0.00% | 3.55 | | 15.12.2025 | Legal Research re | HIN | 0.00% | 0.60 | | 15.12.2025 | rev. draft | MMA | 0.00% | 0.40 | | 15.12.2025 | Draft: Email re | OJY | 0.00% | 0.60 | | 15.12.2025 | Work on | HIN | 0.00% | 3.70 | | 15.12.2025 | Review: | OJY | 0.00% | 1.80 | | 15.12.2025 | Legal Research re | OJY | 0.00% | 1.10 | | 15.12.2025 | Draft letter to | EVS | 0.00% | 1.00 | | 15.12.2025 | rev. | EVS | 0.00% | 0.75 |

| 16.12.2025 | Draft | EVS | 0.00% | 7.95 | |------------|--------------------------------------------------------------------------|-----|-------|------| | 16.12.2025 | Work on | HIN | 0.00% | 1.00 | | 16.12.2025 | Legal Research re | HIN | 0.00% | 1.50 | | 16.12.2025 | Email to Marxer re | OJY | 0.00% | 0.30 | | 16.12.2025 | Legal Research re | OJY | 0.00% | 0.80 | | 16.12.2025 | Review: Submissions re | OJY | 0.00% | 0.30 | | 16.12.2025 | Email to PH re | OJY | 0.00% | 0.20 | | 16.12.2025 | Internal discusstions with EVS re work distribution and next steps | OJY | 0.00% | 0.90 | | 16.12.2025 | Review: Legal Memo re | OJY | 0.00% | 3.65 | | 16.12.2025 | Legal research re | RPU | 0.00% | 5.00 | | 16.12.2025 | Email to | OJY | 0.00% | 0.40 | | 16.12.2025 | Internal discussion OJY re work streams | EVS | 0.00% | 0.90 | | 16.12.2025 | E-Mail to PH | EVS | 0.00% | 0.20 | | 17.12.2025 | Review Draft Memo re | HIN | 0.00% | 1.90 | | 17.12.2025 | Email re | OJY | 0.00% | 0.20 | | 17.12.2025 | Internal discussion with EVS re next steps | OJY | 0.00% | 0.45 | | 17.12.2025 | rev. order re | MMA | 0.00% | 0.20 | | 17.12.2025 | Draft | EVS | 0.00% | 1.20 | | 17.12.2025 | Draft: | OJY | 0.00% | 4.95 | | 17.12.2025 | Review | HIN | 0.00% | 0.40 | | 17.12.2025 | Internal discussion with OJY re next steps | EVS | 0.00% | 0.45 | | 18.12.2025 | Review | HIN | 0.00% | 2.20 | | 18.12.2025 | Draft | EVS | 0.00% | 4.80 | | 18.12.2025 | Call | EVS | 0.00% | 0.75 | | 18.12.2025 | Call with | OJY | 0.00% | 0.30 | | 18.12.2025 | Internal discussion with EVS re | OJY | 0.00% | 0.75 | | 18.12.2025 | Draft: | OJY | 0.00% | 5.15 | | 18.12.2025 | Internal discussion with OJY re | EVS | 0.00% | 0.75 | | 18.12.2025 | Internal discussions OJY re next steps | EVS | 0.00% | 0.80 | | 18.12.2025 | Internal discussions EVS re next steps | OJY | 0.00% | 0.80 | | 19.12.2025 | rev. e-mail PH re and legal research re | EVS | 0.00% | 4.00 | | 19.12.2025 | Draft | EVS | 0.00% | 2.00 | | 19.12.2025 | Call: Weggis | OJY | 0.00% | 0.25 | | 19.12.2025 | legal research re case law | RPU | 0.00% | 1.50 | | 19.12.2025 | Legal Research re | HIN | 0.00% | 1.00 | | 19.12.2025 | call Qiang Guo's lawyer re further stay of conciliation proceeding | MMA | 0.00% | 0.25 | | 19.12.2025 | email Justice of the Peace re further stay of conciliation proceeding | MMA | 0.00% | 0.10 | | 19.12.2025 | Draft Email re update | OJY | 0.00% | 0.30 | | 22.12.2025 | Draft | EVS | 0.00% | 3.00 |

| Total excl. VAT | | | 320.25 | | |-----------------|--------------------------------------------------------------------------|-----|--------|------| | 31.12.2025 | Legal Research re Questions from Alex B. | OJY | 0.00% | 0.80 | | 31.12.2025 | Rev. E-Mails re Case Law on | EVS | 0.00% | 0.50 | | 31.12.2025 | email Alex re | MMA | 0.00% | 0.20 | | 31.12.2025 | emails RPU/OJY re | MMA | 0.00% | 0.30 | | 31.12.2025 | Rev. Mails and legal research re case law | RPU | 0.00% | 0.25 | | 31.12.2025 | Reserach re Case law re | OJY | 0.00% | 2.50 | | 31.12.2025 | Email to local Counsel re | OJY | 0.00% | 0.25 | | 31.12.2025 | Email to | OJY | 0.00% | 0.35 | | 30.12.2025 | Rev. E-Mail re | EVS | 0.00% | 0.50 | | 30.12.2025 | Legal research re sources for | RPU | 0.00% | 1.25 | | 30.12.2025 | Draft: | OJY | 0.00% | 6.20 | | 29.12.2025 | Rev. E-Mail from Marxer re Update | EVS | 0.00% | 0.40 | | 29.12.2025 | Call: with Marxer re | OJY | 0.00% | 0.25 | | 29.12.2025 | Draft: Email re | OJY | 0.00% | 0.15 | | 29.12.2025 | Draft: | OJY | 0.00% | 6.30 | | 27.12.2025 | Review: Various Emails | OJY | 0.00% | 0.40 | | 24.12.2025 | email Alex re | MMA | 0.00% | 0.20 | | 23.12.2025 | Call Paul Hastings re | MMA | 0.00% | 0.40 | | 23.12.2025 | Call Justice of the Peace re addition stay of conciliation proceeding | MMA | 0.00% | 0.10 | | 23.12.2025 | Research re case law | EVS | 0.00% | 0.95 | | 23.12.2025 | Update Call Alex, Luyi, MMA | EVS | 0.00% | 0.35 | | 23.12.2025 | Draft | EVS | 0.00% | 0.30 | | 23.12.2025 | rev. | EVS | 0.00% | 1.95 | | 22.12.2025 | email Paul Hastings re | MMA | 0.00% | 0.25 | | 22.12.2025 | Draft | EVS | 0.00% | 1.25 | | 22.12.2025 | Review: Email re | OJY | 0.00% | 4.75 |

### **Expenses**

| Total excl. VAT | | 2'184.10 | | |-----------------|---------------|----------|------------| | 08.01.2026 | Disbursements | 0.00% | 2'184.10 | | Date | Text | VAT | Amount CHF |

| Provider | Hours | Rate CHF | Amount CHF | |--------------------|--------|----------|------------| | Hayek, Daniel | 2.70 | 800.00 | 2'160.00 | | Hinze, Chiara | 43.80 | 175.00 | 7'665.00 | | Jany, Oliver | 133.55 | 425.00 | 56'758.75 | | Jegher, Gion | 2.80 | 700.00 | 1'960.00 | | Meili, Mark | 7.30 | 600.00 | 4'380.00 | | Rashidi, Puya | 22.00 | 175.00 | 3'850.00 | | Vomvoris, Eleonora | 108.10 | 300.00 | 32'430.00 | | | 320.25 | 341.00 | 109'203.75 |