--- type: court_doc id: "court_ctb_2550_0" court: "CTB" case_no: "22-50073" doc_number: 2550 doc_type: "UNKNOWN" filed_date: "2024-02-02" lang: "en" machine_translated: false url: "https://mubeitech.com/en/court/court_ctb_2550_0" json_url: "https://mubeitech.com/api/court/court_ctb_2550_0" --- # Guo Wengui / Miles Guo — bankruptcy case · ECF #2550 UNITED STATES BANKRUPTCY COURT DISTRICT OF Connecticut Bridgeport Division In Re. Genever Holdings Corporation Debtor(s) Monthly Operating Report　Case No. 22-50542 us cos S Lead Case No. 22-50073 S ೭ Jointly Administered Chapter 11 Reporting Period Ended: 12/31/2023 Months Pending: 15 Reporting Method: Accrual Basis ( Debtor's Full-Time Employees (current): Debtor's Full-Time Employees (as of date of order for relief):　Petition Date: 10/11/2022 Industry Classification: n Cash Basis C 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 Balance sheet containing the summary and detail of the assets, liabilities and equity (net worth) or deficit Statement of operations (profit or loss statement) Accounts receivable aging Postpetition liabilities aging Statement of capital assets Schedule of payments to professionals 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/ Claire Abrehart Signature of Responsible Party 01/29/2024 Date Claire Abrehart, Director Printed Name of Responsible Party Harneys Corporate Services LImited, Craigmuir Chambers, Road Town, Tortola, British Virgin Islands Address 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. Case 22-50073 Doc 2550 Filed 02/02/24 Entered 02/02/24 17:38:54 Page 2 of 12 Debtor's Name Genever Holdings Corporation Case No. 22-50542 - - - - Part 1: Cash Receipts and Disbursements　Current Month　Cumulative a. Cash balance beginning of month　80　80 b. Total receipts (net of transfers between accounts)　ఫిర్　\$0 c. Total disbursements (net of transfers between accounts)　80 \$0 d. Cash balance end of month (a+b-c) e. Disbursements made by third party for the benefit of the estate　\$566　\$27,945 f. Total disbursements for quarterly fee calculation (c+e)　\$566　\$27,945 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 Inventory (Book C Market O Other ( ) (attach explanation))　శిశ ்.　80 d　Total current assets e.　Total assets　80 f.　Postpetition payables (excluding taxes)　80 g. Postpetition payables past due (excluding taxes)　80 h.　Postpetition taxes payable　80 İ.　Postpetition taxes past due　80 1.　Total postpetition debt (f+h)　80 k.　Prepetition secured debt　30 1.　Prepetition priority debt　\$0 m.　Prepetition unsecured debt　\$254,000,000 ון.　Total liabilities (debt) (j+k+l+m)　\$254,000,000 o.　Ending equity/net worth (e-n)　\$-254,000,000 Part 3: Assets Sold or Transferred　Current Month　Ommlative a. Total cash sales price for assets sold/transferred outside the ordinary course of business　80　20 b. Total payments to third parties incident to assets being sold/transferred　80　80 outside the ordinary course of business c. Net cash proceeds from assets sold/transferred outside the ordinary course of business (a-b)　30　\$0 Part 4: Income Statement (Statement of Operations)　Current Month　Cumulative (Not generally applicable to Individual Debtors, See Instructions.) a. 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)　Carlos Children d.　Selling expenses　80 e.　General and administrative expenses　\$0 f.　Other expenses　\$0 ర్లు　Depreciation and/or amortization (not included in 4b)　\$0 h.　Interest　\$0 i.　Taxes (local, state, and federal)　80 ﺎ،　Reorganization items　\$0 k.　Profit (loss)　\$0　\$0 UST Form 11-MOR (12/01/2021) Case 22-50073 Doc 2550 Filed 02/02/24 Entered 02/02/24 17:38:54 Page 3 of 12 Debtor's Name Genever Holdings Corporation Case No. 22-50542 - - - - - - - - - Part 5: Professional Fees and Expenses Approved　Approved　Paid Current　Paid Current Month　Cumulative　Month　Cumulative Debtor's professional fees & expenses (bankruptcy) Aggregate Total　\$566　\$37,054　\$566　\$37,054 Itemized Breakdown by Firm Firm Name　Role l ii　Neubert, Pepe & Monteith, PC Co-Counsel　\$566　\$37,054　\$566　\$37,054 iii iv V vi vii viii ix x xi xii xiiii xiv XV xvi xvii xviii xix XX xxi xxii xxiii xxiv XXV xxvi xxvii xxviii xxix XXX xxxi xxxii xxxiii xxxiv XXXV xxxvi Debtor's Name Genever Holdings Corporatio the control control control control control control controllation of the controlled in xxxvii xxxvii xxxix xl xli xlii xliii xliv xlv xlvi xlvii xlviii xlix 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 lxxxx lxxxi lxxxii lxxxii lxxxiv lxxxv lxxxvi lxxxvi lxxxvi lxxxix XC xci xcii xciii xciv xcv xcvi xcvii xcviii xcix C ci Approved Current Month　Approved Cumulative　Paid Current Month　Paid Cumulative b.　Debtor's professional fees & expenses (nonbankruptcy) Aggregate Total　\$0　\$24,785　\$0　\$24,785 Itemized Breakdown by Firm Firm Name　Role Harneys Corporate Services　Financial Professional　\$0　\$24,785　\$0　\$24,785 ii iii iv V vi vii viii 1X X xi xii xiiii xiv Debtor's Name Genever Holdings Corporatio and the state of the state of the state of the state of the state of the states of the states of the states of the states of the states XV xvi xvii xviii xix ﺑ 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 xivii xlviii xlix li lii liii liv lv lvi lvii lviii lix × lxi lxii lxiii lxiv lxv lxvi lxvii lxviii lxix lxx lxxi lxxii lxxiii lxxiv lxxv lxxvi lxxvii lxxvii lxxix lxxxx lxxxi lxxxii lxxxii lxxxiv lxxxv lxxxvi lxxxvi lxxxvi lxxxix XC xci xcii xciii xciv xcv xcvi xcvii xcviii Case 22-50073 Doc 2550 Filed 02/02/24 Entered 02/02/24 17:38:54 Page 8 of 12 XCIX C.　All professional fees and expenses (debtor & committees)　\$80　\$61,273　\$80　\$61,273 Part 6: Postpetition Taxes　Current Month　Cumulative a.　Postpetition income taxes accrued (local, state, and federal)　80　\$0 b. Postpetition income taxes paid (local, state, and federal)　\$0　80 c. Postpetition employer payroll taxes accrued　\$0　\$0 d. Postpetition employer payroll taxes paid　80　\$0 e.　Postpetition property taxes paid　80　\$0 ಕೆ.　Postpetition other taxes accrued (local, state, and federal)　80　\$0 g. Postpetition other taxes paid (local, state, and federal)　క్రం　\$0 Part 7: Questionnaire - During this reporting period: a. Were any payments made on prepetition debt? (if yes, see Instructions)　Yes ()　No (C) b. Were any payments made outside the ordinary course of business without court approval? (if yes, see Instructions)　Yes (　No (o) 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 (C the court?　h. 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 (C　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 (C k. Has a disclosure statement been filed with the court?　Yes (　No (C 1.　Are you current with quarterly U.S. Trustee fees as set forth under 28 U.S.C. 8 1930?　Yes (C　No ( Debtor's Name Genever Holdings Corporation --------- Case No. 22-50542 ------- 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　80 d.　Total income in the reporting period (a+b+c)　80 e.　Payroll deductions　\$0 f.　Self-employment related expenses　\$0 ದ್　Living expenses　\$0 n.　All other expenses　\$0 I.　Total expenses in the reporting period (e+f+g+h)　80 i.　Difference between total income and total expenses (d-i)　દ્ધ ( k.　List the total amount of all postpetition debts that are past due　80 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 (e) Privacy Act Statement 28 U.S.C. § 5896 authorizes the collection of this information of this information is mandatory under 11 U.S.C. 88 704, 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 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/ Claire Abrehart Signature of Responsible Party Director Title Claire Abrehart Printed Name of Responsible Party 01/29/2024 Date Debtor's Name Genever Holdings Corporation Case No. 22-50542 Debtor's Name Genever Holdings Corporation Case No. 22-50542 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Debtor's Name Genever Holdings Corporation Case No. 22-50542 - Case No. 22 PageFour UST Form 11-MOR (12/01/2021)