Guo Wengui / Miles Guo — bankruptcy case · ORDER · ECF #2942

UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION

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In re: : :

HO WAN KWOK, et al.,1 : :

Debtors. : :

GENEVER HOLDINGS LLC'S FOURTH MONTHLY STATUS REPORT REGARDING REMEDIATION OF SHERRY NETHERLAND APARTMENT

Genever Holdings LLC (the "Debtor" or "Genever US"), by and through its undersigned counsel, hereby files this fourth monthly status report (the "Status Report") in accordance with the *Order Granting Genever Holdings LLC's Motion, Pursuant to Bankruptcy Code Section 363(b), for Entry of Order Authorizing Genever Holdings LLC to Obtain Services Necessary to Remediate Areas of Sherry Netherland Apartment Affected by March 15, 2023 Fire* [Docket No. 2213] (the "Remediation Order"),2 covering the period from January 1, 2024 through January 31, 2024:

1. Update on Asbestos Removal: The asbestos removal projected was concluded on

Friday, January 26, 2024.

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 Capitalized terms used but not defined in this Status Report have the meanings ascribed to them in the Remediation Order.

2. Selection of General Contractors: As noted in the prior status reports, Genever US received bids from each of the following five general contractors:

Following receipt of these bids, the Debtor's architect (Acheson Doyle) conducted follow-up interviews and additional walk-throughs with these five general contractors, after which these contractors submitted further refined bids. In accordance with the Remediation Order, Genever US shared with the Consultation Parties all general contractor bids it received. Ultimately, and after consulting with the Consultation Parties, Genever US selected Sciame Construction as the general contractor, as their bid was the most cost-effective. In particular, the total cost of their bid for the remediation project is \$630,507.81 (which cost includes windows and HVAC units). Sciame estimates that the project will take approximately 84 days to complete. At this time, Sciame has not yet commenced their work, because the Sherry Netherland must first conduct a soot removal project in the area of the Sherry Netherland Apartment affected by the March 15, 2023 fire.3 Genever US has been advised by the Sherry Netherland that it will take several weeks to complete the soot removal project.

3. Summary of Expenses Paid Through January 31, 2024: Through the end of January 2024, Genever US has made the following payments in connection with the Remediation Project:

Services, Inc. Asbestos survey and reporting \$3,871.56

3 The soot could not be removed until after the asbestos removal had been completed.

Services, Inc. Asbestos permits \$7,349.06

Inc. Asbestos abatement work \$48,900.00

Partners Architects PC Architectural services \$3,380.86 November 2, 2023 Genever US Reimbursement from Sherry

Services, Inc. on October 4, 2023) (\$44,999.25)

Partners Architect PC Architectural services \$63,720.78

Partners Architect PC Architectural services \$74,011.84

Partners Architect PC Architectural services \$27,760.65

Dated: February 20, 2024 New York, New York By: /s/ G. Alexander Bongartz Luc A. Despins (admitted pro hac vice) G. Alexander Bongartz (admitted pro hac vice) Douglass Barron (admitted pro hac vice) PAUL HASTINGS LLP 200 Park Avenue New York, New York 10166 (212) 318-6000 lucdespins@paulhastings.com alexbongartz@paulhastings.com douglassbarron@paulhastings.com

Douglas S. Skalka (ct00616) Patrick R. Linsey (ct29437) NEUBERT, PEPE & MONTEITH, P.C. 195 Church Street, 13th Floor New Haven, Connecticut 06510

(203) 781-2847 dskalka@npmlaw.com plinsey@npmlaw.com

UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION

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In re: :

HO WAN KWOK, et al.,1 :

Debtors. : :

The undersigned hereby certifies that on February20, 2024, the foregoing Status Report was electronically filed. Notice of this filing was sent by e-mail to all parties to the abovecaptioned chapter 11 case 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. Parties may access this filing through the Court's CM/ECF system.

Dated: February 20, 2024 New York, New York

By: /s/ G. Alexander Bongartz G. Alexander Bongartz (admitted pro hac vice) PAUL HASTINGS LLP 200 Park Avenue New York, New York 10166 (212) 318-6079 alexbongartz@paulhastings.com

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).