--- type: court_doc id: "court_ctb_2363_0" court: "CTB" case_no: "22-50073" doc_number: 2363 doc_type: "UNKNOWN" filed_date: "2023-11-21" lang: "en" machine_translated: false url: "https://mubeitech.com/en/court/court_ctb_2363_0" json_url: "https://mubeitech.com/api/court/court_ctb_2363_0" --- # Guo Wengui / Miles Guo — bankruptcy case · ECF #2363 UNITED STATES BANKRUPTCY COURT DISTRICT OF　CONNECTICUT BRIDGEPORT DIVISION In Re. Ho Wan Kwok　§ § §　Case No. 22-50073 Lead Case No. 22-50073 Debtor(s)　§　Jointly Administered Monthly Operating Report　Chapter 11 Reporting Period Ended: 10/31/2023　Petition Date: 02/15/2022 Months Pending: 21　Industry Classification: 0　0 Reporting Method:　Accrual Basis　Cash Basis Debtor's Full-Time Employees (current):　0 Debtor's Full-Time Employees (as of date of order for relief):　0 Supporting Documentation (check all that are attached): (For jointly administered debtors, any required schedules must be provided on a non-consolidated basis for each debtor) Statement of cash receipts and disbursements Statement of operations (profit or loss statement) Accounts receivable aging Postpetition liabilities aging Statement of capital assets Schedule of payments to professionals　Balance sheet containing the summary and detail of the assets, liabilities and equity (net worth) or deficit - Schedule of payments to insiders - All bank statements and bank reconciliations for the reporting period - Description of the assets sold or transferred and the terms of the sale or transfer /s/ Luc A. Despins 11/21/2023 Date Signature of Responsible Party Printed Name of Responsible Party Address Luc A. Despins, in his capacity as Chapter 11 Trustee Paul Hastings LLP 200 Park Avenue New York, NY 10166 STATEMENT: This Periodic Report is associated with an open bankruptcy case; therefore, Paperwork Reduction Act exemption 5 C.F.R. § 1320.4(a)(2) applies. UST Form 11-MOR (12/01/2021) 1 Case 22-50073 Doc 2363 Filed 11/21/23 Entered 11/21/23 20:10:27 Page 2 of 21 Part 1: Cash Receipts and Disbursements　Current Month　Cumulative a.　Cash balance beginning of month　\$75,287,133 b.　Total receipts (net of transfers between accounts)　\$311,006　\$100,676,052 c.　Total disbursements (net of transfers between accounts)　\$2,174,471　\$27,012,040 d.　Cash balance end of month (a+b-c)　\$73,423,667 e.　Disbursements made by third party for the benefit of the estate　\$0　\$12,757 f.　Total disbursements for quarterly fee calculation (c+e)　\$2,174,471　\$27,024,797 Part 2: Asset and Liability Status　Current Month (Not generally applicable to Individual Debtors. See Instructions.) a.　Accounts receivable (total net of allowance)　\$0 b.　Accounts receivable over 90 days outstanding (net of allowance)　\$0 c.　Inventory (Book Market Other (attach explanation))　\$0 d　Total current assets　\$0 e.　Total assets　\$0 f.　Postpetition payables (excluding taxes)　\$0 g.　Postpetition payables past due (excluding taxes)　\$0 h.　Postpetition taxes payable　\$0 i.　Postpetition taxes past due　\$0 j.　Total postpetition debt (f+h)　\$0 k.　Prepetition secured debt　\$0 l.　Prepetition priority debt　\$0 m.　Prepetition unsecured debt　\$0 n.　Total liabilities (debt) (j+k+l+m)　\$0 o.　Ending equity/net worth (e-n)　\$0 Part 3: Assets Sold or Transferred　Current Month　Cumulative a.　Total cash sales price for assets sold/transferred outside the ordinary course of business　\$0　\$23,150,000 b.　Total payments to third parties incident to assets being sold/transferred outside the ordinary course of business　\$0　\$1,157,500 c.　Net cash proceeds from assets sold/transferred outside the ordinary course of business (a-b)　\$0　\$21,992,500 Part 4: Income Statement (Statement of Operations)　Current Month　Cumulative a.　(Not generally applicable to Individual Debtors. See Instructions.) Gross income/sales (net of returns and allowances)　\$0 b.　Cost of goods sold (inclusive of depreciation, if applicable)　\$0 c.　Gross profit (a-b)　\$0 d.　Selling expenses　\$0 e.　General and administrative expenses　\$0 f.　Other expenses　\$0 g.　Depreciation and/or amortization (not included in 4b)　\$0 h.　Interest　\$0 i.　Taxes (local, state, and federal)　\$0 j.　Reorganization items　\$0 k.　Profit (loss)　\$0　\$0 Case 22-50073 Doc 2363 Filed 11/21/23 Entered 11/21/23 20:10:27 Page 3 of 21 Part 5: Professional Fees and Expenses Approved Current Month　Approved Cumulative　Paid Current Month　Paid Cumulative a.　Debtor's professional fees & expenses (bankruptcy) Aggregate Total　\$2,162,278　\$25,352,939　\$2,162,278　\$25,352,939 Itemized Breakdown by Firm Firm Name　Role i　Neubert, Pepe & Monteith, P.C Local Counsel　\$132,278　\$1,090,448　\$132,278　\$1,090,448 ii　Paul Hastings LLP (counsel to cLead Counsel　\$1,620,688　\$21,916,263　\$1,620,688　\$21,916,263 iii　Brown Rudnick (counsel to Ho Lead Counsel　\$0　\$0　\$0　\$0 iv　Pullman & Comley, LLC (coun Lead Counsel　\$15,284　\$519,388　\$15,284　\$519,388 v　Coleman Worldwide Advisors LOther　\$0　\$0　\$0　\$0 vi　Dundon Advisors (UCC financi Financial Professional　\$0　\$0　\$0　\$0 vii　Verdolino & Lowey, PC (financFinancial Professional　\$0　\$0　\$0　\$0 viii　Harney Westwood & Riegels LPOther　\$392,647　\$392,647　\$392,647　\$392,647 ix　Paul Wright　Other　\$0　\$0　\$0　\$0 x　Pallas Partners LLP　Other　\$0　\$0　\$0　\$0 xi　Edmiston and Company LimitedOther　\$0　\$1,157,500　\$0　\$1,157,500 xii　Engineering Operations and CerOther　\$0　\$0　\$0　\$0 xiii　Epiq Corporate Restructuring, LOther　\$1,382　\$276,692　\$1,382　\$276,692 xiv xv xvi xvii xviii xix xx xxi xxii xxiii xxiv xxv xxvi xxvii xxviii xxix xxx xxxi xxxii xxxiii xxxiv xxxv xxxvi xxxvii xxxvii xxxix xl xli xlii xliii xliv xlv xlvi xlvii xlviii xlix l li lii liii liv lv lvi lvii lviii lix lx lxi lxii lxiii lxiv lxv lxvi lxvii lxviii lxix lxx lxxi lxxii lxxiii lxxiv lxxv lxxvi lxxvii lxxvii UST Form 11-MOR (12/01/2021) 4 lxxix lxxx lxxxi lxxxii lxxxii lxxxiv lxxxv lxxxvi lxxxvi lxxxvi lxxxix xc xci xcii xciii xciv xcv xcvi xcvii xcviii xcix c ci Approved　Approved　Paid Current　Paid Current Month　Cumulative　Month　Cumulative b.　Debtor's professional fees & expenses (nonbankruptcy) Aggregate Total　\$0　\$0　\$0 Itemized Breakdown by Firm Firm Name　Role i　Baker Hostetler LLP　Other　\$0　\$0　\$0　\$0 ii　Clayman & Rosenberg LLP　Other　\$0　\$0　\$0　\$0 iii　Ganfer Shore Leeds & ZaudererOther　\$0　\$0　\$0　\$0 iv　Harcus Parker Ltd.　Other　\$0　\$0　\$0　\$0 v　LALIVE SA　Other　\$0　\$0　\$0　\$0 vi　Lawall & Mitchell, LLC　Other　\$0　\$0　\$0　\$0 vii　Petrillo Klein & Boxer LLP　Other　\$0　\$0　\$0　\$0 viii　Schulman Bhattacharya, LLC　Other　\$0　\$0　\$0　\$0 ix　The Casper Firm　Other　\$0　\$0　\$0　\$0 x　The Francis Firm PLLC　Other　\$0　\$0　\$0　\$0 xi　VX Cerda & Associates　Other　\$0　\$0　\$0　\$0 xii xiii xiv xv xvi xvii xviii xix xx xxi xxii xxiii xxiv xxv xxvi xxvii xxviii xxix xxx xxxi xxxii xxxiii xxxiv xxxv xxxvi xxxvii xxxvii xxxix xl xli xlii xliii xliv xlv xlvi xlvii xlviii xlix l li lii liii liv lv lvi lvii lviii lix lx lxi lxii lxiii lxiv lxv lxvi lxvii lxviii lxix lxx lxxi lxxii lxxiii lxxiv lxxv lxxvi lxxvii lxxvii lxxix lxxx lxxxi lxxxii lxxxii lxxxiv lxxxv lxxxvi lxxxvi lxxxvi lxxxix xc xci xcii xciii xciv xcv xcvi xcvii xcviii Case 22-50073 Doc 2363 Filed 11/21/23 Entered 11/21/23 20:10:27 Page 8 of 21 xcix c c. All professional fees and expenses (debtor & committees)　\$0　\$0　\$0　\$0 Part 6: Postpetition Taxes　Current Month　Cumulative a.　Postpetition income taxes accrued (local, state, and federal)　\$0　\$0 b.　Postpetition income taxes paid (local, state, and federal)　\$0　\$0 c.　Postpetition employer payroll taxes accrued　\$0　\$0 d.　Postpetition employer payroll taxes paid　\$0　\$0 e.　Postpetition property taxes paid　\$0　\$0 f.　Postpetition other taxes accrued (local, state, and federal)　\$0　\$0 g.　Postpetition other taxes paid (local, state, and federal)　\$0　\$0 Part 7: Questionnaire - During this reporting period: a.　Were any payments made on prepetition debt? (if yes, see Instructions)　Yes　No b.　Were any payments made outside the ordinary course of business without court approval? (if yes, see Instructions)　Yes　No c.　Were any payments made to or on behalf of insiders?　Yes　No d.　Are you current on postpetition tax return filings?　Yes　No e.　Are you current on postpetition estimated tax payments?　Yes　No f.　Were all trust fund taxes remitted on a current basis?　Yes　No g.　(if yes, see Instructions)　Was there any postpetition borrowing, other than trade credit?　Yes　No h.　the court?　Were all payments made to or on behalf of professionals approved by　Yes　No N/A i.　Do you have:　Worker's compensation insurance?　Yes　No If yes, are your premiums current?　Yes　No N/A　(if no, see Instructions) Casualty/property insurance?　Yes　No If yes, are your premiums current?　Yes　No N/A　(if no, see Instructions) General liability insurance?　Yes　No If yes, are your premiums current?　Yes　No N/A　(if no, see Instructions) j.　Has a plan of reorganization been filed with the court?　Yes　No k.　Has a disclosure statement been filed with the court?　Yes　No l.　Are you current with quarterly U.S. Trustee fees as set forth under 28 U.S.C. § 1930?　Yes　No Part 8: Individual Chapter 11 Debtors (Only) a.　Gross income (receipts) from salary and wages　\$0 b.　Gross income (receipts) from self-employment　\$0 c.　Gross income from all other sources　\$0 d.　Total income in the reporting period (a+b+c)　\$0 e.　Payroll deductions　\$0 f.　Self-employment related expenses　\$0 g.　Living expenses　\$0 h.　All other expenses　\$0 i.　Total expenses in the reporting period (e+f+g+h)　\$0 j.　Difference between total income and total expenses (d-i)　\$0 k.　List the total amount of all postpetition debts that are past due　\$0 l.　Are you required to pay any Domestic Support Obligations as defined by 11 U.S.C § 101(14A)?　Yes No m.　If yes, have you made all Domestic Support Obligation payments?　Yes No N/A Privacy Act Statement 28 U.S.C. § 589b authorizes the collection of this information, and provision of this information is mandatory under 11 U.S.C. §§ 704, 1106, and 1107. The United States Trustee will use this information to calculate statutory fee assessments under 28 U.S.C. § 1930(a)(6). The United States Trustee will also use this information to evaluate a chapter 11 debtor's progress through the bankruptcy system, including the likelihood of a plan of reorganization being confirmed and whether the case is being prosecuted in good faith. This information may be disclosed to a bankruptcy trustee or examiner when the information is needed to perform the trustee's or examiner's duties or to the appropriate federal, state, local, regulatory, tribal, or foreign law enforcement agency when the information indicates a violation or potential violation of law. Other disclosures may be made for routine purposes. For a discussion of the types of routine disclosures that may be made, you may consult the Executive Office for United States Trustee's systems of records notice, UST-001, "Bankruptcy Case Files and Associated Records." See 71 Fed. Reg. 59,818 et seq. (Oct. 11, 2006). A copy of the notice may be obtained at the following link: htt www.justice.gov/ust/eo/rules\_regulations/index.htm. Failure to provide this information could result in the dismissal or conversion of your bankruptcy case or other action by the United States Trustee. 11 U.S.C. § 1112(b)(4)(F). **I declare under penalty of perjury that the foregoing Monthly Operating Report and its supporting documentation are true and correct and that I have been authorized to sign this report on behalf of the estate.** /s/ Luc A. Despins Signature of Responsible Party Chapter 11 Trustee Title Date Luc A. Despins, in his capacity as Chapter 11 Trustee Printed Name of Responsible Party 11/21/2023 PageFour In re Ho Wan Kwok In re Ho Wan Kwok Case No. 22-50073 (JAM) Debtor Reporting Period: 10/1/2023 - 10/31/2023 INDIVIDUAL DEBTOR CASH RECEIPTS AND CASH DISBURSEMENTS (This Form must be submitted for each bank account maintained by the Debtor) Amounts reported should be per the debtor's books, not the bank statement. The beginning cash should be the ending cash from the prior month or, if this is the first report, the amount should be the balance on the date the petition was filed. Attach the bank statements and a detailed list of all disbursements made during the report period that includes the date, the check number, the payee, the transaction description, and the amount. A bank reconciliation must be attached for each account. [See MOR-1 (CON'T)] Current Month　Cumulative July 8, 2022 to Date Actual　Actual Cash - Beginning of Month RECEIPTS Recovered Funds　\$　-　\$ 23,321,645.75 Funds received from B. Hofmeister Assignee for benefit of creditors　\$　-　\$ 38,778,679.26 of HCHK pursuant to settlement order Clark Hill Settlement　\$　-　\$ 499,000.00 Retainer Refund (Kercsmar Collins & O'Hara / Lewis Roca)　\$　-　\$ 4,544.00 Yacht Repair Escrow　\$　-　\$ 4,000,000.00 Adversary Proceeding Interpleader Funds　\$　-　\$ 32,923,028.42 Refund from AIG　\$　-　\$ 71.25 Bank Account Interest　\$　311,005.66　\$ 1,149,082.73 Total Receipts　\$　311,005.66　\$ 100,676,051.41 DISBURSEMENTS ORDINARY ITEMS: Bank Fees　\$　6,992.94　\$ 26,213.23 Fees paid to International Surety Ltd for surety bond renewal　\$　-　\$ 152,747.00 premium Fees paid with respect to Yacht repair invoices out of the Yacht　\$　-　\$ 576,895.09 Repair Escrow Fees paid with respect to Miller Advertising Agency Inc. (English　\$　-　\$ 21,140.60 Court Publication Notice) Fees paid with respect to Dexter White Invoice　\$　-　\$ 16,235.00 Fees paid with respect to Bridgeport Harbor Marina out of the　\$　-　\$ 18,137.64 Yacht Repair Escrow Fees paid with respect to Safe Harbor out of the Yacht Repair　\$　- Escrow　\$ 148,287.04 Fees paid with respect to Yatchtzoo for operating expenses out of　\$　-　\$ 431,604.00 the Yacht Repair Escrow Fees paid with respect to Harneys Corporate Services Limited　\$　-　\$ 1,665.00 Disbursement paid to JP Reynolds Company Inc. (for customs duty　\$　-　\$ 14,965.35 and customs bond premium) Disbursement paid to James Pizzaruso for pay roll in connection　\$　-　\$ 31,026.98 with sale of Lady May Disbursement paid to AIG for insurance policy premium　\$　-　\$ 8,731.00 Disbursement paid to B. Hofmeister Assignee for Benefit of　\$　-　\$ 76,150.88 Creditors of HCHK (for HCHK admin matters and employee payments) Disbursement paid to RKH IT Solutions (IT Consultant for HCHK　\$　5,200.00　\$ 11,800.00 Assignee) Fees paid to SHM Newport Shipyard LLC (for Lady May II Newport　\$　-　\$ 3,540.00 Boat Show) Disbursement paid to R.I. Martine Survey (for Lady May II　\$　-　\$ 700.00 appraisal) Total Ordinary Disbursements　\$　12,192.94　\$ 1,539,838.81 REORGANIZATION ITEMS: Professional Fees Fees paid with respect to Neubert, Pepe & Monteith PC　\$　132,277.63　\$ 1,090,448.23 Fees paid with respect to Paul Hastings LLP　\$　1,620,687.67　\$ 21,916,263.09 Broker fees paid with respect to Edmiston and Company Limited　\$　-　\$ 1,157,500.00 Fees paid with respect to Pullman & Comley, LLC　\$　15,283.60　\$ 519,388.13 Fees paid with respect to Epiq Corporate Restructuring LLC　\$　1,381.90　\$ 276,691.93 Fees paid with respect to Harney Westwood & Riegels LP　\$　392,647.46　\$ 392,647.46 U. S. Trustee Fees　\$　-　\$ 119,262.43 In re Ho Wan Kwok　Case No.　22-50073 (JAM) Debtor　Reporting Period:　10/1/2023 - 10/31/2023 Other Reorganization Expenses (attach schedule)　\$ -　\$　- Total Reorganization Items　\$ 2,162,278.26　\$　25,472,201.27 Total Disbursements (Ordinary + Reorganization)　\$ 2,174,471.20　\$　27,012,040.08 Financing of Genever Entities Payment pursuant to DIP Order with respect to financing Genever　\$ 7,349.06　\$　11,220.62 US invoices for Gallagher Basset Services Inc. (for ATRU and variance drawings, final inspection and asbestos survey and reporting work at The Sherry Netherland) Payment pursuant to DIP Order with respect to financing Genever　\$ -　\$　236,452.00 US counsel fees Payment pursuant to DIP Order with respect to financing Genever　\$ 24,784.58　\$　24,784.58 BVI corporate fees (Harneys Corporate Services) Payment pursuant to DIP Order with respect to financing Genever　\$ 48,900.00　\$　48,900.00 US invoices for ABF Environmental Inc. (for asbestos abatement and insulation work) Payment pursuant to DIP Order with respect to financing Genever　\$ 6,813.12　\$　6,813.12 US invoices for Gustav Restoration LLC (for 50% deposit for work at The Sherry Netherland) Payment pursuant to DIP Order with respect to financing Genever　\$ 3,380.86　\$　3,380.86 US invoices for Acheson Doyle Partners Architects, PC (for apartment stabilization work at The Sherry Netherland) Total DIP Financing Items　\$ 91,227.62　\$　331,551.18 Net Cash Flow (Total Receipts - Total Disbursements - DIP　\$ (1,954,693.16) \$　73,332,460.15 Financing) Cash - End of Month (Must equal reconciled bank statement)　\$ 73,332,439.55　\$　73,332,439.55 Third Party Disbursements on Behalf of the Estate None　\$ -　\$　12,757.00 THE FOLLOWING SECTION MUST BE COMPLETED DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT MONTH ACTUAL COLUMN) TOTAL DISBURSEMENTS　\$ 2,174,471.20 LESS: TRANSFERS TO OTHER DEBTOR IN POSSESSION ACCOUNTS　\$ PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow　\$ accounts) TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY　\$ 2,174,471.20 FEES UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION -------------------------------------------------------　x In re:　: :　Chapter 11 HO WAN KWOK,　: :　Case No. 22-50073 (JAM) Debtor.　: x ATTACHMENT TO MONTHLY OPERATING REPORT FOR THE PERIOD OCTOBER 1, 2023 THROUGH OCTOBER 31, 2023 This attachment is incorporated into and made a part of the Monthly Operating Report ("MOR") of Chapter 11 Trustee Luc A. Despins. General Disclaimers - 1. The MOR is presented on a form promulgated in 2021 by the Executive Office of the United States Trustee. This form in many instances requires inserting a number for a line item even if the line item does not apply. The form also does not allow for the insertion of explanations or asterisks next to answers. Accordingly, as presented, certain responses may be inapplicable or incomplete. Following guidance from the United States Trustee's office, this attachment is being filed as an integral part of the MOR. - 2. On July 8, 2022, the Bankruptcy Court signed an order approving the appointment of Luc A. Despins, Esq. as Chapter 11 Trustee (the "Trustee"). The information in this MOR is based only on information beginning on the date of the Trustee's appointment and only on bank accounts within the Trustee's control.[1] - 3. The Trustee reserves the rights to amend, modify or supplement this MOR or update it in future MORs. Specific Responses Part 1 Responses 4. As noted above, this information is limited to cash receipts and disbursements since the Trustee was appointed and with respect to accounts under the Trustee's control. Not all cash receipts held by the Trustee as reflected in this MOR have been determined to be 1 The Trustee is currently investigating the Debtor's assets and financial affairs (with respect to which investigation the Debtor has not cooperated). property of the estate at this time. There are various on-going litigations with respect to the funds held by the Trustee, which, if finally determined in a manner adverse to the Trustee, would materially reduce the total amount of cash held by the Trustee at this time. In addition, cash disbursements included here do not reflect payments made pursuant to the *Order (I) Authorizing Chapter 11 Trustee to Extend Financing Pursuant to Bankruptcy Code Section 363, (II) Authorizing Genever US and Genever BVI to Obtain Post-Petition Financing Pursuant to Bankruptcy Code Section 264, (III) Granting Non-Priming Liens and Providing Superpriority Administrative Expense Claims, (IV) Modifying Automatic Stay, and (V) Granting Related Relief*, entered on September 12, 2023 [Dkt. 2193], which authorized the Kwok estate to finance expenses of the Genever entities, which are described in the summary of cash receipts and disbursements. Part 2 Responses - 5. To the extent this section is applicable (the Debtor is an individual), the Trustee has insufficient information to complete this section. The Trustee's counsel is currently reviewing the over 1,200 proofs of claim filed in connection with the claims bar date, which occurred on February 17, 2023. - 6. The Trustee is aware of certain professional fees and expenses that have arisen in connection with services provided by the Trustee's professionals. As of the end of the reporting period, certain interim applications for reimbursement of expenses have been approved by the Court pursuant to various orders approving interim fee applications and as set forth in the Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses for Retained Professionals, entered on August 18, 2023 [Docket No. 2094]. Part 3 Responses 7. On June 27, 2023, the Bankruptcy Court entered an order authorizing and approving the sale of the Lady May [Docket No. 1953]. Part 4 Responses 8. To the extent this section is applicable (the Debtor is an individual), the Trustee has insufficient information to complete this section. Part 5 Responses 9. As of the end of the reporting period, certain interim applications for reimbursement of expenses have been approved by the Court pursuant to various orders approving interim fee applications and as set forth in the Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses for Retained Professionals, entered on August 18, 2023 [Docket No. 2094]. 10. The Trustee is aware of a number of professional firms that have provided services to the official committee of unsecured creditors or the Debtor (prior to the appointment of the Trustee) but that have not at this time had their retentions approved by the Court. The Trustee includes such professional firms (of which he is aware) in this part of the MOR out of an abundance of caution but reserves all his rights with respect to the retention and/or payment of fees with respect to such professional firms. The Trustee also notes that the Debtor may have employed professionals (prior to the appointment of the Trustee) of which the Trustee is not aware. Part 6 Responses 11. The Trustee is not aware of any postpetition taxes that have accrued during the time period since the Trustee's appointment. Part 7 Responses 12. The Trustee notes that the Debtor filed a chapter 11 plan on April 20, 2022 [Docket No. 197] (the "April 2022 Plan") with respect to which no disclosure statement was filed or approved. Part 8 Responses 13. The Trustee has insufficient information to respond to Part 8. Case 22-50073 Doc 2363 Filed 11/21/23 Entered 11/21/23 20:10:27 Page 18 of 21 Direct inquiries to: 888 761 -3967 ACCOUNT STATEMENT Page 1 of 2 STARTING DATE: October 01, 2023 ENDING DATE: October 31, 2023 Total days in statement period: 31 ( O) BK EST/HO WAN KWOK DEBTOR LUC A DESPINS, CH11 TRUSTEE CASE #22-50073 C/O PAUL HASTINGS LLP 200 PARK AVE NEW YORK NY 10166-0005 Our Online Banking & Mobile App are available at your convenience. You can perform many banking transactions from the comfort of your home without having to visit a branch. Visit digital.eastwestbank.com or call 833.468.8356 for details. Standard Business Checking Low balance　Account number Average balance　\$286,788.51 \$326,580.55　Beginning balance Total additions Total subtractions Ending balance　(1) ( 19)　\$406,744.57 352.99 120,309.05 \$286,788.51 CREDITS Number Date Transaction Description 10-10 Credit Memo　REV RDUCIARY COLLATERAL FM 10/03/2023　Additions 352.99 DEBITS Date　Transaction Description　Subtractions 10-02 Intl Wire Xfer　HARNEYS CORPORATE SERVICES　24,784.58 10-02 Service Charge　INTL WIRE XFER　50.00 10-03 Debit Memo　FIDUCIARY MAINTENA NCE　25.00 10-03 Debit Memo 10-04 Outgoing Wire　FIDUCIARY COLLATERAL　352.99 5,200.00 10-04 Service Charge　RKH IT SOLUTIONS　40.00 10-04 Outgoing Wire　OUTGOING WIRE　7,349.06 10-04 Service Charge　GALLAGHER BASSETT SERVICES INC. WCD　40.00 10-10 Debit Memo　OUTGOING WIRE　6,507.94 10-13 Outgoing Wire　FIDUCIARY COLLATERAL ABF ENVIRONMENT IN C　48,900.00 10-13 Service Charge　OUTGOING WIRE　40.00 10-19 Outgoing Wire　EPIQ CORPORATE RESTRUCTURING LLC　1,381.90 10-19 Service Charge　OUTGOING WIRE　40.00 10-19 Outgoing Wire　GUSTAV RESTORATION LLC　6,813.12 10-19 Service Charge　OUTGOING WIRE　40.00 10-19 Outgoing Wire　PULLMAN & COMLEY, LLC　15,283.60 10-19 Service Charge　OUTGOING WIRE　40.00 10-31　Outgoing Wire　ACHESON DOYLE PART NERS ARCHITECTS　3,380.86 10-31　Service Charge　OUTGOING WIRE　40.00 111.i EASTWESTBANK / 5~, 9300 Flair Dr., 1 St FL El Monte, CA. 91731 Page 2 of 2 STARTING DATE: October 01, 2023 ENDING DATE: October 31, 2023 BK EST/HO WAN KWOK DEBTOR DAILY BALANCES Date　Amount　Date　Amount　Date　Amount 09-30　406,744.57　10-04　368,902.94　10-19　290,209.37 10-02　381,909.99　10-10　362,747.99　10-31　286,788.51 10-03　381,532.00　10-13　313,807.99 OVERDRAFT/RETURN ITEM FEES Total for this period　Total year-to-date Total Overdraft Fees　\$0.00　\$0.00 Total Returned Item Fees　\$0.00　\$0.00 Case 22-50073 Doc 2363 Filed 11/21/23 Entered 11/21/23 20:10:27 Page 20 of 21 Direct inquiries to: 888 761-3967 ACCOUNT STATEMENT Page 1 of 2 STARTING DATE: October 01, 2023 ENDING DATE: October 31, 2023 Total days in statement period: 31 > Our Online Banking & Mobile App are available at your convenience. You can perform many banking transactions from the comfort of your home without having to visit a branch. Visit digital.eastwestbank.com or call 833.468.8356 for details. ( O) BK EST/HO WAN KWOK DEBTOR LUC A DESPINS, CH11 TRUSTEE CASE #22-50073 C/O PAUL HASTINGS LLP 200 PARK AVE NEW YORK NY 10166-0005 Trustee-Non Vendor MMA Account number Low balance Average balance Interest paid year to date　\$72,734,645.38 \$73,739,600.45 \$149,082.73　Beginning balance Total additions Total subtractions Ending balance　\$74,880,388.14 311,005.66 (1) 145,742.76 2, (6) \$73,045,651.04 CREDITS Number Date 1 0-31　Transaction Description Interest Credit　Additions 311,005.66 DEBITS Date Transaction Description 10-02 Intl Wire Xfer 10-02 Service Charge 10-13 Outgoing Wire 10-13 Service Charge 10-19 Outgoing Wire 10-19 Service Charge　HARNEYwEsTWooo & RIEGELsLP 1NTL w1RE xFER NEUBERT, PEPE & Mo NTEITH Pc ouTG01NG w1RE PAUL HASTINGS LLP ouTG01NG w1RE　Subtractions -392,647.46 -50.00 -132,277.63 -40.00 -1,620,687.67 -40.00 DAILY BALANCES Amount Date 09-30 74,880,388.14 74,487,690.68 10-02　Date 10-13 10-19　Amount 74,355,373.05 72,734,645.38　Date 10-31　Amount 73,045,651.04 INTEREST INFORMATION Annual percentage yield earned Average balance for APY　\$73,739,600.45　5.08% Interest-bearing days Interest earned　31 \$311,005.66 Page 2 of 2 STARTING DATE: October 01, 2023 ENDING DATE: October 31, 2023 BK EST/HO WAN KWOK DEBTOR OVERDRAFT/RETURN ITEM FEES Total for this period　Total year-to-date Total Overdraft Fees　\$0.00　\$0.00 Total Returned Item Fees　\$0.00　\$0.00