Guo Wengui / Miles Guo — bankruptcy case · ORDER · ECF #2551-1

#1453 MOTION FOR ORDER TO SHOW CAUSE WHY DEBTOR, MEI GUO

and HK(USA) SHOULD NOT BE HELD IN CONTEMPT OF COURT FOR FAITURE TO COMPLY MITH ORDER COMBETITING

#1649 MOTION FOR A LIMITED STAY OF ORDER GRANTING IN PART MOTION TO COMPEL COMPLIANCE WITH RULE 2004 SUBPOENA

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

1 THE COURT: How is that relevant to your stay 2 pending appeal? The questions were all about what's the 3 harm. He told you what his harm is. 4 You may disagree with his harm. But that -- how 5 is it relevant to your getting a stay pending appeal? రు MR. MORIARTY: If there's other assets that can be 7 used, Your Honor, then there's no harm. His harm is I don't

THE COURT:

11 THE COURT: The other assets that you're talking 12 about, including the Lady May, you've already -- that's on 13 appeal too, isn't it? 1 4 MR. MORIARTY: It is on appeal. 15 THE COURT: Yeah. So then your argument doesn't 16 really make sense, because then you're going to make the 17 same arqument when you come to the Lady May. 18 MR. MORIARTY: Well, Your Honor, I don't know that 1 9 I could make the same argument continuously, because at some 20 point in time it becomes self-defeating. But for now, it's 21 not. But I will move on. Okay. 22 BY MR. MORIARTY: 23 So, Attorney Despins, the professionals that you

24 haven't hired yet, those would be, for example, accountants, 25 right?

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

ದ Yeah. AlixPartners is something like that. റ്റു Okay. So has any professional that you have inquired about to engage for the estate refused an engagement because there's no cash immediately available to pay them? A Yes . റ Who is that? Okay . A AlixPartners. റ Okay. Anybody else? A No. I have not had the discussion with anybody else. റ്റ So was Alix -- what were you -- well, withdraw that. Is AlixPartners the only professional firm that you ve spoken to about engagement for asset tracing? A To date, yes. இ Okay. So no other firm has -- no other firm related to asset tracing or accounting-type work has refused to perform services because there's no cash immediately available in estate?

A Well, I have not talked to any other firms, so -- Q Okay. And you testified that information gets stale. Do you recall that testimony? A Correct. o Okay. But you've only spoken to one firm about taking on the type of engagement where they would be tracing funds. । that correct? A Yes .

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