MUBEITECH

Guo Wengui / Miles Guo — bankruptcy case · ORDER · ECF #3863

METADATA

Defendant
Guo Wengui / Miles Guo / Ho Wan Kwok
Court
CTB
Case No.
22-50073
ECF #
3863
Type
ORDER
Filed
2023-08-18

Monthly Fee Statement — In re Ho Wan Kwok (Miles Guo / Guo Wengui), CTB 22-50073 ECF #3863 (filed Aug 18, 2023). Swiss legal counsel Prager Dreifuss AG requests interim payment of CHF 95,021.00 (80% of fees) and CHF 2,420.50 (100% of expenses) for Swiss legal services rendered to Chapter 11 Trustee Luc A. Despins from November 1 through November 30, 2024.

FULL TEXT

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UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION

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-------------------------------------------------------------- x

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In re: : :

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Chapter 11
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HO WAN KWOK, et al., : :

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Case No. 22-50073 (JAM)
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Debtors.1 : :

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Jointly Administered
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x
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MONTHLY FEE STATEMENT OF PRAGER DREIFUSS AG FOR COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR PERIOD FROM NOVEMBER 1, 2024 THROUGH NOVEMBER 30, 2024

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In accordance with the Order Establishing Procedures for Interim Compensation and

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Reimbursement of Expenses for Retained Professionals, dated August 18, 2023 [Docket No.

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2094] (the "Interim Compensation Order"),2 Prager Dreifuss AG ("Prager Dreifuss") hereby

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submits this monthly statement (the "Monthly Fee Statement") seeking compensation for

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services rendered and reimbursement of expenses incurred as Swiss law counsel to Luc A.

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Despins, in his capacity as the chapter 11 trustee (the "Trustee") appointed in the chapter 11 case

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of Ho Wan Kwok, for the period from November 1, 2024 through and including November 30,

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2024 (the "Fee Period"). By this Monthly Fee Statement, Prager Dreifuss respectfully requests

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payment of 80% of all fees and 100% of all expenses actually and necessarily incurred for

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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).

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2 Capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Interim Compensation Order.

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services rendered during the Fee Period, in the amounts of CHF 95,021.00 and CHF 2,420.50, respectively.3

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SERVICES RENDERED AND EXPENSES INCURRED
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1. Attached hereto as Exhibit A is a timekeeper summary that includes the name, hours, rate, and total fees earned for each Prager Dreifuss individual who provided services during the Fee Period.

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2. Attached hereto as Exhibit B is Prager Dreifuss' fee statement for services provided during the Fee Period.

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NOTICE AND OBJECTION PROCEDURES
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3. Notice of this Monthly Fee Statement will be given by email on the Notice Parties: (i) Luc A. Despins, as chapter 11 trustee for the estate of Ho Wan Kwok (lucdespins@paulhastings.com); (ii) Counsel for the Trustee, (x) Paul Hastings LLP, 200 Park Avenue, New York, New York 10166 (Attn: G. Alexander Bongartz (alexbongartz@paulhastings.com) and Douglass Barron (douglassbarron@paulhastings.com)) and (y) Neubert, Pepe & Monteith, P.C., 195 Church Street, 13th Floor, New Haven, Connecticut 06510 (Attn: Douglas S. Skalka (dskalka@npmlaw.com) and Patrick R. Linsey (plinsey@npmlaw.com)); (iii) the Office of The United States Trustee, Giaimo Federal Building, 150 Court Street, Room 302, New Haven, Connecticut 06510 (Attn: Holley L. Claiborn (holley.l.claiborn@usdoj.gov)); (iv) counsel for the Official Committee of Unsecured Creditors, Pullman & Comley, LLC, 850 Main Street, 8th Floor, PO Box 7006, Bridgeport, Connecticut 06601-7006 (Attn: Irve J. Goldman (igoldman@pullcom.com); and (v) counsel for Pacific

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3 In accordance with Prager Dreifuss' retention order [Docket No. 3034], (a) Prager Dreifuss is authorized to charge a flat fee for disbursements in an amount equal to 2% of the total fees charged and (b) Prager Dreifuss is authorized to invoice its fees and expenses in Swiss Francs (CHF) and to have such fees and expenses paid in Swiss Francs (CHF), subject to the terms of the Interim Compensation Order.

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Alliance Asia Opportunity Fund L.P., O'Melveny & Myers LLP, 7 Times Square, New York, New York 10036 (Attn: Peter Friedman (pfriedman@omm.com) and Stuart M. Sarnoff (ssarnoff@omm.com) (collectively, the "Notice Parties").

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4. Objections to this Monthly Fee Statement, if any, must be filed with the Court and served upon (i) Prager Dreifuss (Attn: Daniel Hayek (daniel.hayek@prager-dreifuss.com) and (ii) the Notice Parties by email no later than December 26, 2024 at 4:00 p.m. (prevailing Eastern Time) (the "Objection Deadline"), setting forth the nature of the objection and the specific amount of fees or expenses at issue.

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5. If no objections to this Monthly Fee Statement are filed and received on or before the Objection Deadline, the estate shall promptly pay Prager Dreifuss 80% of the fees and 100% of the expenses identified in this Monthly Fee Statement.

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6. To the extent that an objection to this Monthly Fee Statement is filed and received on or before the Objection Deadline, the estate shall withhold payment of that portion of this Monthly Fee Statement to which the objection is directed and promptly pay the remainder of the fees and expenses in the percentages set forth above. To the extent such an objection is not resolved, it shall be preserved and scheduled for consideration at the next interim fee application hearing.

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Dated: December 5, 2024
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By: /s/ Daniel Hayek
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Daniel Hayek PRAGER DREIFUSS AG Mühlebachstrasse 6 CH-8008 Zürich UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION

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X
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In re: : :

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Chapter 11
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HO WAN KWOK, et al.,1 : :

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Case No. 22-50073 (JAM)
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Debtors. : :

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(Jointly Administered)
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------------------------------------------------------x :

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CERTIFICATE OF SERVICE
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The undersigned hereby certifies that on the date hereof, the foregoing Monthly Fee Statement was electronically filed. In addition, a copy of the Monthly Fee Statement was served by email on the Notice Parties. Parties may access this filing through the Court's CM/ECF system.

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Dated: December 5, 2024 By: /s/ G. Alexander Bongartz

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New York, New York G. Alexander Bongartz (admitted pro hac vice) PAUL HASTINGS LLP 200 Park Avenue New York, New York 10166 (212) 318-6000 alexbongartz@paulhastings.com

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Counsel for the Chapter 11 Trustee
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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).

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Exhibit A
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Name　Hours　Rate CHF　Amount CHF
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Hayek, Daniel　13.7　750.00　10,275.00 Jany, Oliver　174.85　375.00　65,568.75 Jegher, Gion　25.50　650.00　16,757.00 Meili, Mark　16.90　550.00　99,295.00
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Sangiorgio, Shannon 97.50 175.00 17,062.50

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TOTAL　262.10　118,776.25 Exhibit B
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Fee Statement
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Paul Hastings LLP Mr. Luc Despins 200 Park Avenue New York NY 10166 United States of America

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December 3, 2024 Invoice no. 201334-24-18
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Fees for services rendered between November 1, 2024 and November 30, 2024 in the matter of Ho Wan Kwok, as per the attached details.

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Total　CHF　121'196.75
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VAT 0% export from CHF 121'151.75 CHF 0.00

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VAT 0% none from　CHF 45.00　CHF　0.00 CHF　121'196.75
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Disbursements 2% (in lieu of itemized minor disbursements) CHF 2'375.50

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Expenses　CHF　45.00 Legal Fees　CHF　118'776.25
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Terms of payment 30 days net VAT No. CHE-115.724.136 MWST

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Please arrange for payment under reference of the above invoice number to our following account: Zürcher Kantonalbank, 8001 Zürich

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IBAN CH67 0070 0114 8037 7648 0
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BIC/SWIFT ZKBKCHZZ80A
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Prager Dreifuss AG ▪ Zürich, Bern, Brüssel ▪ www.prager-dreifuss.com

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Details of invoice no. 201334-24-18
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Invoice period: November 1, 2024 – November 30, 2024

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Legal Fees
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Date　Service　Name　VAT　Hours
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01.11.2024 Draft: 2nd. RFI to OJY 0.00% 0.60 01.11.2024 Draft: RFI to OJY 0.00% 3.95 01.11.2024 Draft: Additional questions OJY 0.00% 2.25 01.11.2024 Draft: Letter OJY 0.00% 0.65 01.11.2024 Conf. OJY re: different requests to

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and feedback　HA　0.00%　0.50 01.11.2024　rev. answer to information request　MMA　0.00%　0.20
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01.11.2024 rev. letter MMA 0.00% 0.20 01.11.2024 rev. e-mails Luc HA 0.00% 0.20

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01.11.2024　Draft: RFI to re　OJY　0.00%　2.30
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01.11.2024 rev. draft additional letter to MMA 0.00% 0.20 01.11.2024 rev. draft information request MMA 0.00% 0.30

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01.11.2024　Handle　HA　0.00%　0.20 01.11.2024　rev. and comment letters to und　HA　0.00%　0.20 04.11.2024　Draft: RFIs to and 2. RFI to　OJY　0.00%　1.00
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04.11.2024 Draft:

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RFI re　OJY　0.00%　5.65 04.11.2024　final review letter　MMA　0.00%　0.60
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04.11.2024 rev. and comment Lt. HA 0.00% 0.40 04.11.2024 rev. and comment Lt. to HA 0.00% 0.70

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04.11.2024　Call:　OJY　0.00%　0.20
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04.11.2024 conf HA/OJY re MMA 0.00% 0.30

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04.11.2024　call　MMA　0.00%　0.10
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04.11.2024 conf OJY re status of workstreams MMA 0.00% 0.10 04.11.2024 Draft:

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legal basis　OJY　0.00%　1.15
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05.11.2024 Draft:

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second RFI re　OJY　0.00%　3.25 05.11.2024　Handle　HA　0.00%　0.50 05.11.2024　Call　HA　0.00%　0.70 05.11.2024　Call　MMA　0.00%　0.70 05.11.2024　Call:　OJY　0.00%　0.70
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05.11.2024 Draft: legal basis OJY 0.00% 2.80

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05.11.2024　rev. information request re　MMA　0.00%　0.80
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05.11.2024 Email: re second RFI and Update OJY 0.00% 0.35 05.11.2024 Research: re OJY 0.00% 2.45

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06.11.2024 amend draft letter to MMA 0.00% 0.40

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06.11.2024 call Alex re letter to MMA 0.00% 0.20 06.11.2024 conf OJY re letter to MMA 0.00% 0.10

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07.11.2024　Draft: translation RFI re　OJY　0.00%　3.45
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07.11.2024 Draft: additional letter to OJY 0.00% 3.35 07.11.2024 Draft: Memo follow-up questions OJY 0.00% 2.20 07.11.2024 rev. letter to MMA 0.00% 0.50 07.11.2024 Call: with Alex OJY 0.00% 0.25

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08.11.2024　Draft: letter to and　OJY　0.00%　2.20
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08.11.2024 Draft: Memo Follow-up questions OJY 0.00% 5.75 09.11.2024 Draft : Memo re additional questions OJY 0.00% 6.10 09.11.2024 review email OJY GJ 0.00% 0.50 09.11.2024 legal research regarding GJ 0.00% 1.80 09.11.2024 email to OJY GJ 0.00% 0.20 11.11.2024 Research reg. SSA 0.00% 4.80 11.11.2024 Drafte Memo re follow up OJY 0.00% 4.55

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11.11.2024　Draft re　OJY　0.00%　4.75 11.11.2024　rev. letter
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re additional information request MMA 0.00% 0.25 11.11.2024 Conf. OJY re: memo and return from

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etc.　HA　0.00%　0.50
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12.11.2024 Research reg. SSA 0.00% 2.60

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12.11.2024　Research: additional Documents　OJY　0.00%　4.00
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12.11.2024 rev. draft information request to MMA 0.00% 0.40 12.11.2024 Meeting with HA and OJY reg. SSA 0.00% 1.00 12.11.2024 Revision of RFI to SSA 0.00% 1.15 12.11.2024 Draft: RFI to OJY 0.00% 3.20 12.11.2024 rev. additional information MMA 0.00% 0.40 12.11.2024 Emails: to PH OJY 0.00% 0.50

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12.11.2024　Research:　OJY　0.00%　1.15
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12.11.2024 Call Luc Despins HA 0.00% 0.50 12.11.2024 rev. draf letter to HA 0.00% 1.00 12.11.2024 conf HA/LCH/OYA/SSA re MMA 0.00% 0.50 12.11.2024 Call with HA, GJ, MMA and OJY reg. SSA 0.00% 0.50 12.11.2024 Call with HA, MMA, OJY and SSA re GJ 0.00% 0.50 13.11.2024 rev. information request to MMA 0.00% 0.40 13.11.2024 Research reg. SSA 0.00% 7.20 13.11.2024 Draft RFI re OJY 0.00% 2.85 13.11.2024 Reserach re OJY 0.00% 1.35 13.11.2024 Call with OJY reg. SSA 0.00% 0.45

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13.11.2024 Doc. Review re OJY 0.00% 0.70

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13.11.2024 Draft 3rd RFI to OJY 0.00% 2.40 13.11.2024 conf OJA re additional request MMA 0.00% 0.10 13.11.2024 conf OJA re status MMA 0.00% 0.10 13.11.2024 rev. final letter to MMA 0.00% 0.40 13.11.2024 rev. Letter to HA 0.00% 0.50 13.11.2024 rev. E-Mails Oli re HA 0.00% 0.20 14.11.2024 Research reg. SSA 0.00% 8.40 14.11.2024 Review: Documents OJY 0.00% 1.25 14.11.2024 Draft: 3rd RFI to OJY 0.00% 1.95

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14.11.2024　conf HA re　MMA　0.00%　0.50 14.11.2024　conf OJA re letter　MMA　0.00%　0.50 14.11.2024　Emails Luc re letter　MMA　0.00%　0.25
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14.11.2024 rev.

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letter　MMA　0.00%　0.20
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14.11.2024 conf OJA re status MMA 0.00% 0.10 14.11.2024 conf OJA re status MMA 0.00% 0.10 15.11.2024 Research reg. SSA 0.00% 10.15 15.11.2024 Draft: Letter OJY 0.00% 1.45 15.11.2024 Draft: Letter OJY 0.00% 5.50 15.11.2024 rev. final letter to MMA 0.00% 0.10 15.11.2024 rev. final letter to MMA 0.00% 0.10 15.11.2024 email Alex re follow-up to MMA 0.00% 0.10 15.11.2024 conf HA/GJ/OJA re MMA 0.00% 0.40 15.11.2024 legal research regarding GJ 0.00% 4.00

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15.11.2024　Research:　OJY　0.00%　0.55
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15.11.2024 Research reg. SSA 0.00% 0.15 15.11.2024 Review Documents OJY 0.00% 1.55 15.11.2024 rev. follow-up request MMA 0.00% 0.30 15.11.2024 rev. memo re MMA 0.00% 0.70 15.11.2024 conf OJA/SSA re MMA 0.00% 0.25

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15.11.2024　call OJY　GJ　0.00%　0.40
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15.11.2024 call HA, MME and OJY GJ 0.00% 0.40 15.11.2024 email to Luc Despins GJ 0.00% 0.20

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18.11.2024 Research reg. SSA 0.00% 7.35
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18.11.2024 Discussion re OJY 0.00% 2.35

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18.11.2024 Research re OJY 0.00% 5.40 18.11.2024 rev. final version follow-up letter MMA 0.00% 0.25 18.11.2024 Draft: Letter to OJY 0.00% 0.70 18.11.2024 Conf. GJ and Team re: HA 0.00% 1.70

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18.11.2024　Request　OJY　0.00%　0.35
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19.11.2024 Research reg. SSA 0.00% 3.55 19.11.2024 Research: re OJY 0.00% 7.65 19.11.2024 Draft: letter to OJY 0.00% 1.40 19.11.2024 rev. letter MMA 0.00% 0.20 19.11.2024 ref. draft follow-up MMA 0.00% 0.25 19.11.2024 call Alex Bongartz re MMA 0.00% 0.20 19.11.2024 Revision of memo on SSA 0.00% 5.00 20.11.2024 Revision of memo on SSA 0.00% 4.50 20.11.2024 Draft: Memo re OJY 0.00% 6.20 20.11.2024 Draft: Additional RFI re OJY 0.00% 1.45

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20.11.2024　Call　OJY　0.00%　0.30
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20.11.2024 rev. letter MMA 0.00% 0.20

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20.11.2024　Conf. OJY　HA　0.00%　0.40
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20.11.2024 Draft Letter re OJY 0.00% 1.35 20.11.2024 rev. follow-up MMA 0.00% 0.50 20.11.2024 email Alex re MMA 0.00% 0.25 20.11.2024 rev. draft response letter MMA 0.00% 0.20

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20.11.2024　rev. memo　HA　0.00%　1.00
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20.11.2024 rev. emails Alex re response letters MMA 0.00% 0.20

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20.11.2024　Tel.　HA　0.00%　0.30 21.11.2024　Draft and
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letters inc. translation OJY 0.00% 7.00 21.11.2024 conf OJY re status information requests MMA 0.00% 0.30 21.11.2024 conf OJY re MMA 0.00% 0.20 21.11.2024 email Alex re MMA 0.00% 0.10 21.11.2024 email Alex re MMA 0.00% 0.10

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22.11.2024　Draft Letters to and　OJY　0.00%　4.80
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22.11.2024 conf HA/OJY re status of MMA 0.00% 0.30

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22.11.2024　email Alex re letter　MMA　0.00%　0.10
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22.11.2024 rev. response letter MMA 0.00% 0.20 25.11.2024 Revision of memo on SSA 0.00% 7.40

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25.11.2024　Draft: Letters to and　OJY　0.00%　4.85
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25.11.2024 Response from OJY 0.00% 0.10 25.11.2024 Research and Draft OJY 0.00% 4.00 25.11.2024 rev. letter by attorney retained by MMA 0.00% 0.20

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25.11.2024 rev. final information request to MMA 0.00% 0.20

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25.11.2024 rev. additional documents provided by MMA 0.00% 0.20 25.11.2024 rev. amended information request to MMA 0.00% 0.30

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25.11.2024　Call　MMA　0.00%　0.20
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25.11.2024 email Luc and Alex re new information obtained MMA 0.00% 0.20 25.11.2024 call with OJA regarding GJ 0.00% 0.50 25.11.2024 rev.

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letter　HA　0.00%　0.70
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25.11.2024 Conf. OJY re: change letter HA 0.00% 0.30 25.11.2024 E-Mail Alex re. change letter HA 0.00% 0.50 26.11.2024 Revision of memo on SSA 0.00% 8.70 26.11.2024 Draft: Finalized letter to OJY 0.00% 1.00

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26.11.2024　Draft:　OJY　0.00%　6.65
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26.11.2024 rev. and sign letter HA 0.00% 0.50 26.11.2024 rev. final version information request to MMA 0.00% 0.30 26.11.2024 rev. draft memo HA 0.00% 0.90 26.11.2024 Draft: Letter to OJY 0.00% 1.00 26.11.2024 conf OJY re letter to GJ 0.00% 0.10 26.11.2024 conf OJY re addition letter to MMA 0.00% 0.10 26.11.2024 review memorandum regarding GJ 0.00% 1.90 26.11.2024 legal research re GJ 0.00% 2.00 27.11.2024 Revision of memo on SSA 0.00% 8.85 27.11.2024 Draft: Letter to OJY 0.00% 0.30

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27.11.2024　Draft:　OJY　0.00%　8.90 27.11.2024　Email to　OJY　0.00%　0.30
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27.11.2024 rev. letter MMA 0.00% 0.10 27.11.2024 conf HA/OJY re letter MMA 0.00% 0.20 27.11.2024 rev. letter. conf. OJY HA 0.00% 0.50

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27.11.2024　rev. lt　HA　0.00%　0.30
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27.11.2024 E-Mail to Luc HA 0.00% 0.50 27.11.2024 review draft GJ 0.00% 1.00 27.11.2024 legal research re GJ 0.00% 1.00 27.11.2024 mark-up draft GJ 0.00% 1.00 27.11.2024 various conf with OJY GJ 0.00% 0.50 28.11.2024 Revision of memo on SSA 0.00% 7.50

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28.11.2024　Draft　OJY　0.00%　5.90 28.11.2024　Letter to　OJY　0.00%　0.60
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28.11.2024 telephone with OJY regarding GJ 0.00% 0.50 28.11.2024 rev. follow-up letter MMA 0.00% 0.30 29.11.2024 Revision of memo on SSA 0.00% 8.25

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Expenses
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Date　Text　VAT　Amount CHF
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19.11.2024　Invoice　0.00%　45.00
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03.12.2024 Disbursements 0.00% 2'375.50

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Total excl. VAT　2'420.50
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Provider Hours Rate CHF Amount CHF Hayek, Daniel 13.70 750.00 10'275.00 Jany, Oliver 174.85 375.00 65'568.75 Jegher, Gion 25.50 650.00 16'575.00 Meili, Mark 16.90 550.00 9'295.00 Sangiorgio, Shannon 97.50 175.00 17'062.50

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328.45 361.65 118'776.25

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