---
type: court_doc
id: "court_ctb_1082_1"
court: "CTB"
case_no: "22-50073"
doc_number: 1082
doc_type: "UNKNOWN"
filed_date: "2022-11-11"
lang: "en"
machine_translated: false
url: "https://mubeitech.com/en/court/court_ctb_1082_1"
json_url: "https://mubeitech.com/api/court/court_ctb_1082_1"
---
# Guo Wengui / Miles Guo — bankruptcy case · ECF #1082-1



Transcription of Ho Wan Kwok Hearing from Audio Time Mark from 1:53:00 to 2:16:51

*59 9 9*

L1
Ms Claiborn:　What is the name of the attorney holding the check?

L2
Official interpreter:　What is the name of the attorney holding the \$12000 check?
L3
Mr. Kwok:　I am not able to tell
the full name of the attorney.
L4
Official interpreter:　I can't pronounce the attorney's name completely.
L5
Ms Claiborn:　What is the attorney's first name?
L6
Official
interpreter:　What is the attorney's first name?
L7
Mr. Kwok:　I am also unable to pronounce it just like that.
L8
Official interpreter:　I cannot –
I'm not able to read out the –
to pronounce his name.
L9
Ms Claiborn:　Is the attorney who's holding the check the same attorney who
L10　represented you in that lawsuit?
L11
Official interpreter:　Is the attorney who's holding the check the same attorney who
L12　represented you in that lawsuit?
L13
Mr. Kwok:　Could be.
L14 Official interpreter:　It should be.
L15
Ms Claiborn:　On your Schedule A-B,
L16
Official interpreter:　On your Schedule A-B,
L17
Ms Claiborn:　you did not disclose that \$12,000 check.
L18
Official interpreter:　On the
Schedule A-B, you did not tell the \$12,000 check.
L19
Mr. Kwok:　It did not…
L20
Ms Claiborn:　Why?
L21
Mr. Baldiga:　Wait for the question. No. Can you interpret that?
L22
Official interpreter:　Wait until she finished the question.
L23
Ms Claiborn:　Why did you not disclose that \$12,000 check?
L24
Official interpreter:　Why did you not report the \$12,000 check the money?
L25
Mr. Kwok:
L26　My attorney thought that since the money was not in my account, I
was not allowed to.
L27
Official interpreter:
L28　My attorney thinks because the money is not in my account, so I'm
not allowed to –we're not –
I'm not supposed to disclose that.
L29
Ms Claiborn:　Okay. Mr. Kwok, do you have any patents?
L30
Official interpreter:　Mr. Kwok, do you have any patents?
L31
Mr. Kwok:　Patents?
No.
L32
Official interpreter:　No.
L33
Ms Claiborn:　Do you have any copyrights?

Debtor's Exhibit A

L1　Official interpreter:　Do you have any copyrights (in English), what is it called?

L2　Private interpreter:　Copyright (in Chinese).
L3　Official interpreter:　Right, Copyright (in Chinese).
L4　Mr. Kwok:　Copyright? No.
L5　Official interpreter:　No.
L6　Ms Claiborn:　Do you have any intellectual property of any kind?
L7　Official interpreter:　Do you have any intelligence kind of…
L8　Private interpreter:　Intellectual property (in Chinese).
L9　Official interpreter:　Right, Intellectual Property (in Chinese). Do you have any
L10　Intellectual Property Right?
L11　Mr. Kwok:　Intellectual Property Right? No.
L12　Official interpreter:　No.
L13
L1　Mr. Baldiga:　Excuse me. Holley, I'm not sure if you're going to come back to it,
but there is a reference to the \$12,000
L12　Ms. Claiborn:　I did see that.
L13　Mr. Baldiga:　Oh, you said he did not disclose it.
L14　Ms. Claiborn:　He did not. It's not in response to the questions on Schedule A-B.
L15　Mr. Baldiga:　It's right there.
L16
L17　Ms. Claiborn:　We can disagree
about whether
or not it's disclosed. I understand you
might take a different position.
L18
L19　Official interpreter:　He
said here was the \$12000. But Holley did not think it was reported
and everyone has their own position.
L20
L21　Ms Claiborn:　Mr. Kwok, do you own any interest in a company called Ace Decade
Holdings Limited?
L22
L23　Official interpreter:　She said, do you have any interest in a company called Ace Decade
Holdings Limited?
L24　Mr. Kwok:　Yes.
L25　Official interpreter:　Yes.
L26
L27　Ms Claiborn:　What is the nature of your ownership interest in Ace Decade Holdings
Limited?
L28　Official interpreter:　Your interest in there is what kind of interest?
L29　Mr. Kwok:　I have the interest to make a claim to the UBS
\$500 million
litigation.
L30
L31　Official interpreter:　So I have the interest
and ask for UBS to pay back \$500 million. That
kind of interest.
L32　Ms Claiborn:　Are you the only legal owner of Ace
Decade Holdings Limited?
L33　Official interpreter:　Are you the
only, can you repeat the question?

*61*

L34
Ms. Claiborn:　Are you the only legal owner of Ace Decade Holdings Limited?

L35
Official interpreter:　Are you the only legal owner of Ace Decade Holdings Limited?
L36
Mr. Kwok:　I am legally representing the owner.
L37
Official interpreter:　I am a legal
representing owner.
L38
Ms Claiborn:　Are there any other owners of Ace Decade?
L39
Official interpreter:　Are there other owners? Owners of
Ace Decade?
L1
Mr. Kwok:　No.
L2
Official interpreter:　No.
L3
Ms Claiborn:　When did you become an owner of Ace Decade Holdings Limited?
L4
Official interpreter:　When did you become an owner of Ace Decade Holdings Limited?
L5
Mr. Kwok:　At the end of 2014
L6
Official interpreter:　At the end of 2014
L7
Ms Claiborn:　This is a long question. In your litigation in London against UBS,
L8
Official interpreter:　In your litigation in London against UBS,
L9
Ms Claiborn:　You are an individual plaintiff.
L10
Official interpreter:　You are the only plaintiff.
L11
Ms Claiborn:　What is the basis for your claim
as an individual plaintiff?
L12
Official interpreter:　Why were you the only plaintiff? What was your basis?
L13
Mr. Kwok:　Because I am a 100% representative of the company Ace Decade.
L14
Official interpreter:　Because I'm the 100% representative for Ace Decade.
L15
Ms Claiborn:　In the litigation against
UBS in London,
L16
Official interpreter:　In the litigation against UBS in London,
L17
Ms Claiborn:　there is an allegation that Ace Decade gave \$500 million to Dawn
L18　State Limited.
L19
Official interpreter:　In the litigation, Ace Delegation gave (\$500 million in English,
L20　muttering how much is that in Chinese)
the money to Dawn
L21　Limited…
L22
Mr. Kwok:　Dawn State
L23
Ms Claiborn:　Dawn State
L24
Official interpreter:　Dawn State
L25
Private interpreter:　500 million yuan (in Chinese)
L26
Ms Claiborn:　Where did Ace Decade get the \$500 million?
L27
Official interpreter:　Where did Ace Decade get the \$500 million?
L28
Mr. Kwok:　Loan from our
family.

*61*

L1 Official interpreter: I loan from my family. L2 Ms Claiborn: Did you borrow money from your family and give it to Ace Decade? L3 Official interpreter: Did you borrow the money from your family then give it to Dawn L4 State? L5 Mr. Kwok: Yes L6 Official interpreter: Yes L7 Private interpreter: I don't think, I thought that it was… L8 Ms Claiborn: Let's start over. I don't think it was the question, because it didn't L9 involve Dawn State. So I am going to start over. L10 Private interpreter: Yes… L11 Ms Claiborn: Where did you get the money to give to Ace Decade, the 500 million? L12 Mr. Baldiga: I don't think he said he did that. I think he said his family did that. L13 But you can ask that. But I… L14 Official interpreter: The question is, Ace Decade get the money the 500 L15 million from where? L16 Mr. Kwok: From the family. L17 Official interpreter: From my family. L18 Ms Claiborn: Who specifically in the family gave you the money then you gave to L19 Ace Decade? L20 Official interpreter: Who in your family gave you the money then you gave to Ace L21 Decade? L22 Mr. Kwok: One of the persons called John Way. L23 Official interpreter: John Way? OK. John Way. L24 Ms Claiborn: Who is John Way? L25 Official interpreter: Who is John Way? L26 Mr. Kwok: A member of our family. L27 Official interpreter: A member from my family. L28 Ms Claiborn: Is he a relative of yours? L29 Official interpreter: Is he a relative of yours? L30 Mr. Kwok: A son-in-law of my older brother. L31 Official interpreter: It's my older brother's cousin or – L32 Private interpreter: Son-in-law L33 Official interpreter: Son-in-law, okay. L34 Ms Claiborn: On your Schedule A-B,

L35 Official interpreter: On your Schedule A-B, the tax return,
*63*

*4*

*63*

L1　Ms Claiborn:　you listed a possible malpractice claim against Boise Schiller.

L2　Official interpreter:　she said, on your Schedule A-B, you stated there was a (sort of
L3
L4　malpractice, what is it)
negligence
in a case, against the malpractice of
Boise Schiller, the case.
L5　Official interpreter:　Do you understand?
L6　Ms Claiborn:　Can you please explain what
that is?
L7　Official interpreter:　Can you explain what that is?
L8　Mr. Kwok:　He had represented me in New York
suing UBS. A lawyer
L9　representing me.
L10
L11　Official interpreter:　He was the one –
he was the one represented me in New York to have
a lawsuit against UBS.
L12
L13　Mr. Kwok:　He, by
himself,
presented a lot of wrong documents
without verifying
them with me first
to the Court.
L14　Official interpreter:　He gave a lot of false documents to the Court and without my
L15　permission.
L16　Mr. Kwok:　And threatened my family members.
L17　Official interpreter:　He also threatened my family.
L18　Mr. Kwok:　And after drinking threaten me myself.
L19　Official interpreter:　He also threaten myself after drinking.
L20　Mr. Kwok:　And he brought
huge loss to us.
L21　Official interpreter:　He brought
a lot of loss to us.
L22
L23
L24　Mr. Kwok:　Including not seriously
explain
to me about what
documents
ought to
be presented to the judge, particularly the documents with Chinese
and English translations.
L25　Official interpreter:　Including providing any English/Chinese translated documents
L26　to
me
before present them to the –
to the lawyer, or to the judge.
L27　Mr. Kwok:　That is why we
sued him.
L28　Official interpreter:　That's why I
–
we sued him.
L29　Ms Claiborn:　Have you hired an attorney to represent you in that malpractice
L30　action?
L31　Official interpreter:　Have you hired an attorney to sue him
in this case of malpractice?
L32　Mr. Kwok:　My son is dealing with it.
L33　Official interpreter:　My son is in the process of dealing with it.
L34　Ms Claiborn:　Why is your son talking to lawyers about your malpractice claim?
L35　Official interpreter:　Why
is your son dealing with this malpractice case?

L1
Mr.
Kwok:　I need to borrow money from him.

L2
Official interpreter:　Because I need to borrow money from him.
L3
Ms Claiborn:　Has a lawyer been selected?
L4
Official interpreter:　Has a lawyer been selected?
L5
Mr. Kwok:　Not yet.
L6
Official interpreter:　Not yet.
L7
Ms Claiborn:　Mr. Kwok, do you own an interest in any company aside from Ace
L8　Decade?
L9
Official interpreter:
L10　Mr. Kwok, aside from Ace Decade, do you own any interest in other
companies?
L11
Mr. Kwok:　No. But –
I need to say but --
L12
Official interpreter:　No. But
L13
Mr. Kwok:
L14　Bravo Luck under my name just for several months. I held 50% of the
company
shares in that
several months.
L15
Official interpreter:　Bravo Luck?
L16
Mr. Kwok:　Bravo Luck, the holding company of the Sherry Netherland, the
L17　apartment in New York.
L18
Official interpreter:　Bravo Luck?
L19
Mr. Kwok:
L20
L21　Bravo Luck. Just say
the name in English,
Bravo Luck. It was the
holding company of the 50% controlling interest
of the apartment in
New York. I held it for a short time, a few months.
L22
Official interpreter:
L23　I own the Bravo Luck, the apartment, only for a few months, some of
the interest.
L24
Mr. Kwok:
L25　After the purchase of the apartment, they
were returned. The interest
was returned to my son.
L26
Official interpreter:　After the sale?
L27
Mr. Kwok:
L28　Not sell. After the purchase. Because it was my name used in the
purchase
of the apartment. Because it was a co-op. So they
L29
L30　recommended using
my name
in the purchase. After the purchase, the
controlling interest was returned to my son.
L31
Official interpreter:
L32　And because the apartment is a co-op, so they used my name to buy
the apartment after I –
after we bought apartment, and then we
L33　returned the stock interest back.
L34
Unidentified speaker:
L35　I'm sorry. He must have spoken for 30,
40 seconds. Clearly said more
than that. Is there a more fulsome
translation?
L36
Official
interpreter　Did I miss anything?

Case 22-50073 Doc 1082-1 Filed 11/11/22 Entered 11/11/22 13:18:26 Page 7 of
L1
Ms
Claiborn:　Let me see if I can follow
up. Mr. Kwok, do you own, currently, an

L2　interest in Bravo Luck?
L3
Official
interpreter:　She said, do you own any interest in Bravo Luck now?
L4
Mr. Kwok:　No.
L5
Official interpreter:　No.
L6
Ms. Claiborn:　Mr. Kwok, do you own an interest in any limited liability company?
L7
Official interpreter:　Mr. Kwok, do you own any interest in any limited liability company?
L8
Mr. Kwok:　No.
L9
Official interpreter:　No.
L10
Ms
Claiborn:　Mr. Kwok, do you currently
own any interest in any partnership?
L11
Official interpreter:　Do you own any interest in any of
the
(partnership in English?)
L12
Private interpreter:　Partnership (in Chinese)
L13
Official interpreter:　Partnership
L14
Mr. Kwok:
L15
L16　Wait. I said no
a moment ago. Once I had
a big aircraft company "Y
Orange"
and
another one called "Shiny Time". They closed down
now. I had them at one time.
L17
Official interpreter:　"Orange"?
L18
Mr. Kwok:
L19
L20　Called "Y Orange". I can't
be sure about the English either. And the
one was called "Shiny Time". That was before. They are no longer in
my hand.
L21
Official interpreter:
L22　I used to own the plane company called the Orange or Shiny Time, but
that was before and doesn't exist anymore.
L23
Ms Claiborn:　Mr. Kwok, do you currently own an interest in any partnership?
L24
Official interpreter:　Do you currently own any interest in partnership companies?
L25
Mr. Kowk:　No.
L26
Official interpreter:　No.
L27
Ms Claiborn:　Mr. Kwok, do you currently own an interest in any joint venture?
L28
Official interpreter:　Do you
currently own any interest in any (joint venture?)
L29
Private interpreter:　Joint venture (in Chinese)
L30
Official interpreter:　Joint venture business.
L31
Mr. Kwok:　No.
L32
Official interpreter:　No.
L33
Ms
Claiborn:
L34　Other than Ace Decade, do you own an interest in any other company
right now?
L35
Official interpreter:　Apart
from owning Ace Decade, do you also own other companies?
11　8

L1　Mr. Kwok:　I once owned Wild Orange and Shiny Time. But not anymore
L2　currently.
L3　Official interpreter:　No. I only owned the Orange and Shiny Time before, but not
L4　right
now.
L5
L6　Ms Claiborn:　Does Golden Spring New York have a security interest in any of your
litigation?
L7　Official interpreter:　Does Golden
Spring New York have
any interest in your litigations?
L8　Mr. Kwok:　I owed them money.
L9　Official interpreter:　I owed them money.
L10
L11　Ms Claiborn:　Have you granted to Golden Spring New York, any interest in any of
your assets, anything that you own
L12　Official interpreter:　Did you gift to Golden Spring
New York any of your property assets?
L13　Mr. Kwok:　No.
L14　Official interpreter:　No.
L15
L16
L17　Ms Claiborn:　So if you were to win a lawsuit against Golden Spring –
sorry. Wrong
name. So if you were to win a lawsuit against UBS, would any of the
money that you win have to be paid to Golden Spring?
L18
L19　Official interpreter:　If you were to win the case against UBS, the money you won,
would
the money need to be paid back to Golden Spring?
L20　Mr. Kwok:　Yes.
L21　Official interpreter:　Yes.
L22　Ms Claiborn:　And how much would that be?
L23　Official interpreter:　How much would that be?
L24　Mr. Kwok:　Before it was \$21 million.
Adding now is
\$28 million. Roughly
L25　around \$30 million.
L26　Official interpreter:　Before it was 2200, 1 million?
L27 Private interpreter:　21 million
L28　Official interpreter:　21
million?
L29　Official
interpreter:　21 million and plus now. Probably it's about 300 million.
L30　Mr. Kwok:　30 million
L31　Official interpreter:　30 million. Oh, 30 million. Yeah.
L32
L33　Ms Claiborn:　Is there a document that says that any litigation winnings you receive
need to be paid to Golden Spring?
L34　Official interpreter:　Is there any document written down
stated that any winning from
L35　other litigations would need to pay back Golden Spring New York?

Case 22-50073
Doc 1082-1　Filed 11/11/22
Entered 11/11/22 13:18:26

L1
Mr. Kwok:　Yes.
L2
Official interpreter:　Yes.
L3
Ms
Claiborn:　What is the name of the document?
L4
Official interpreter:　What is the name of the document?
L5
Mr. Kwok:
L6　It would
be that in DC, there had been
a
litigation against a
law firm
who represented
my case of political asylum
application.
L7
Official interpreter:　I'm going to ask him to repeat it.
L8
Official interpreter:　Can you repeat?
L9
Mr. Kwok:
L10
L11　I had an immigration law firm in DC representing me in my case of
political asylum
application. I sued them. There was such
a litigation.
Let's stop here. Next would be
the source of money funding that
L12　litigation. If
that case were
won, the money would need to return to
L13　Golden Spring.
L14
Official interpreter:　I didn't get it. I just ask him to break it down.
L15
Mr. Kwok:　I have a litigation case
in DC.
L16
Official interpreter:　I have a case in DC.
L17
Mr. Kwok:
L18　It was against a law firm who represented me
in my case of political
asylum in the past.
L19
Official interpreter:　There is a attorney office representing me for political asylum.
L20
Mr. Kwok:
L21
L22　The firm was hacked by the Chinese Communist Party. Their office
was closed down. They gave my personal information to the Chinese
Communist Party.
L23
Official interpreter:　And it was attacked by the cyber attack from the Chinese
L24
L25　Communists, and so they –
the attorney office was closed, and they
gave my personal information to the communist party.
L26
Mr. Kwok:　Then I sued them.
L27
Official interpreter:　And then
I sued them.
L28
Mr. Kwok:
L29　The money funding the lawyers in this case came from Golden Spring
too.
L30
Official interpreter:
L31　And that litigation
fee, attorney fee, came from Golden Spring New
York.
L32
Mr. Kwok:　If I won the case, I sued them for a claim of \$50 million,

L33 Official interpreter: I asked for a settlement of \$50000, \$50 million if I won the money.

L34
Mr. Kwok:
L35　I would need to pay Golden Spring back for the money they funded
the litigation.

L36
Official interpreter　I will give the money back to Golden Springs for the money they
L37　supported
me for the attorney's fees.

*10* L1 Private interpreter Mr. Kwok did not say settlement. Mr. Kwok only said it was a claim, L2 not settlement. Case 22-50073 Doc 1082-1 Filed 11/11/22 Entered 11/11/22 13:18:26 Page 10 of 11

-END -

I, Una Wilkinson, hereby certify that I, to my knowledge and with the best of my abilities , fully and accurately, translated and transcribed the audio file [1002.mp3] from time marked 1:53:00 to 2:16:51, from Chinese/English into English which appeared from page one to page 10 of this document.

Date: 30 September 2022

Signature of Translator & Transcriber Una Wilkinson Independent Court Certified Per Diem Interpreter in Mandarin and Cantonese New York State Unified Court System Court ID 1000037126

 Case 22-50073 Doc 1082-1 Filed 11/11/22 Entered 11/11/22 13:18:26 Page 11 of