--- type: court_doc id: "court_ctb_3995_0" court: "CTB" case_no: "22-50073" doc_number: 3995 doc_type: "ORDER" filed_date: "2023-08-18" lang: "en" machine_translated: false url: "https://mubeitech.com/en/court/court_ctb_3995_0" json_url: "https://mubeitech.com/api/court/court_ctb_3995_0" --- # Guo Wengui / Miles Guo — bankruptcy case · ORDER · ECF #3995 **Monthly Fee Statement — In re Ho Wan Kwok (Miles Guo / Guo Wengui), CTB 22-50073 ECF #3995 (filed Aug 18, 2023). Prager Dreifuss AG, Swiss legal counsel to Chapter 11 Trustee Luc A. Despins, requests interim payment of 80% of fees (CHF 51,874.00) and 100% of expenses (CHF 1,296.85) for professional services rendered from December 1 through December 31, 2024.** UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION --------------------------------------------------------------　x In re:　: : Chapter 11 HO WAN KWOK, et al.,　: : Case No. 22-50073 (JAM) Debtors.1　: : Jointly Administered x MONTHLY FEE STATEMENT OF PRAGER DREIFUSS AG FOR COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR PERIOD FROM DECEMBER 1, 2024 THROUGH DECEMBER 31, 2024 In accordance with the Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses for Retained Professionals, dated August 18, 2023 [Docket No. 2094] (the "Interim Compensation Order"),2 Prager Dreifuss AG ("Prager Dreifuss") hereby submits this monthly statement (the "Monthly Fee Statement") seeking compensation for services rendered and reimbursement of expenses incurred as Swiss law counsel to Luc A. Despins, in his capacity as the chapter 11 trustee (the "Trustee") appointed in the chapter 11 case of Ho Wan Kwok, for the period from December 1, 2024 through and including December 31, 2024 (the "Fee Period"). By this Monthly Fee Statement, Prager Dreifuss respectfully requests payment of 80% of all fees and 100% of all expenses actually and necessarily incurred for 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 not otherwise defined herein shall have the meanings ascribed to such terms in the Interim Compensation Order. services rendered during the Fee Period, in the amounts of CHF 51,874.00 and CHF 1,296.85, respectively.3 SERVICES RENDERED AND EXPENSES INCURRED 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. 2. Attached hereto as Exhibit B is Prager Dreifuss' fee statement for services provided during the Fee Period. NOTICE AND OBJECTION PROCEDURES 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 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. 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"). 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 February 12, 2025 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. 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. 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. Dated: January 22, 2025 By: /s/ Daniel Hayek Daniel Hayek PRAGER DREIFUSS AG Mühlebachstrasse 6 CH-8008 Zürich UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION X In re:　: : Chapter 11 HO WAN KWOK, et al.,1　: : Case No. 22-50073 (JAM) : Debtors.　: (Jointly Administered) CERTIFICATE OF SERVICE 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. Dated: January 22, 2025 By: /s/ G. Alexander Bongartz 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 Counsel for the Chapter 11 Trustee 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). Exhibit A Name　Hours　Rate CHF　Amount CHF Hayek, Daniel　9.40　750.00　7,050.00 Jany, Oliver　97.75　375.00　36,656.25 Jegher, Gion　13.90　650.00　9,035.00 Meili, Mark　11.90　550.00　6,545.00 Sangiorgio, Shannon　31.75　175.00　5,556.25 TOTAL　164.70　64,842.50 Case 22-50073 Doc 3995 Filed 01/22/25 Entered 01/22/25 16:50:57 Page 6 of 11 Exhibit B Fee Statement Paul Hastings LLP Mr. Luc Despins 200 Park Avenue New York NY 10166 United States of America January 8, 2025 Invoice no. 201334-25-01 Fees for services rendered between December 1, 2024 and December 31, 2024 in the matter of Ho Wan Kwok, as per the attached details. Total　CHF　66'139.35 VAT 0% export　CHF　0.00 CHF　66'139.35 Disbursements 2% (in lieu of itemized minor disbursements)　CHF　1'296.85 Legal Fees　CHF　64'842.50 Terms of payment Terms of payment 30 days net VAT No. CHE-115.724.136 MWST Please arrange for payment under reference of the above invoice number to our following account: Zürcher Kantonalbank, 8001 Zürich IBAN CH67 0070 0114 8037 7648 0 BIC/SWIFT ZKBKCHZZ80A Prager Dreifuss AG ▪ Zürich, Bern, Brüssel ▪ www.prager-dreifuss.com Details of invoice no. 201334-25-01 Invoice period: December 1, 2024 – December 31, 2024 Legal Fees Date　Service　Name　VAT　Hours 01.12.2024　work on draft　GJ　0.00%　6.00 02.12.2024　Letter from　OJY　0.00%　0.20 02.12.2024　Draft :　OJY　0.00%　7.15 02.12.2024　rev. letter　MMA　0.00%　0.20 02.12.2024　conf HA/GJ/OJY re　MMA　0.00%　0.30 02.12.2024　Reading of the　SSA　0.00%　0.95 02.12.2024　Research re　OJY　0.00%　1.10 02.12.2024　conf with OJY re draft ; further conf OJY re same　GJ　0.00%　2.00 02.12.2024　rev. draft　MMA　0.00%　0.50 03.12.2024　E-Mail Luc and Alex　HA　0.00%　0.30 03.12.2024　Research re　OJY　0.00%　1.10 03.12.2024　review and revise draft email to Luc Despin regarding ; conf OJY re same　GJ　0.00%　0.80 04.12.2024　Preparation re Call　OJY　0.00%　2.10 04.12.2024　conf OJY re and answer of Luc Despin; internal conference regarding options; call with PD team and Luc and Alex re options　GJ　0.00%　2.00 04.12.2024　conf OJY re answer　MMA　0.00%　0.20 04.12.2024　email Luc and Alex re answer　MMA　0.00%　0.10 04.12.2024　Memo : re　OJY　0.00%　2.80 04.12.2024　Call with OJY reg. memo on　SSA　0.00%　0.25 04.12.2024　Revision of memo reg.　SSA　0.00%　2.50 04.12.2024　Call re next steps　OJY　0.00%　0.80 04.12.2024　Call with HA, OJY and Luc reg. assets　SSA　0.00%　1.05 04.12.2024　Draft:　OJY　0.00%　3.00 04.12.2024　conf HA/GJ/OJY re strategy and next steps　MMA　0.00%　0.50 04.12.2024　Call Luc and Alex re strategy Switzerland　MMA　0.00%　0.80 04.12.2024　prep. call reading and with team　HA　0.00%　1.00 04.12.2024　Call team Luc and Alex: discuss　HA　0.00%　1.00 05.12.2024　Revision of memo reg.　SSA　0.00%　2.95 05.12.2024　Draft:　OJY　0.00%　4.30 05.12.2024　Research reg.　SSA　0.00%　2.70 05.12.2024　Call with Alex Bongrartz　OJY　0.00%　0.60 05.12.2024　Reserach: re　OJY　0.00%　2.35 05.12.2024　Call with OJY and Alex reg.　SSA　0.00%　0.60 05.12.2024　rev. memo re　MMA　0.00%　0.70 05.12.2024　rev. memo etc.　HA　0.00%　1.30 05.12.2024　conf OJY regarding　GJ　0.00%　0.50 06.12.2024　Revision of memo reg.　SSA　0.00%　4.00 06.12.2024　Draft:　OJY　0.00%　6.60 06.12.2024　Research reg.　SSA　0.00%　3.00 06.12.2024　Research re　OJY　0.00%　2.20 06.12.2024　Call with Alex Bongartz　OJY　0.00%　0.60 06.12.2024　legal research regarding ; conf OJY　GJ　0.00%　1.00 09.12.2024　Research:　OJY　0.00%　7.60 09.12.2024　conf HA/GJ/OJY re　MMA　0.00%　0.50 09.12.2024　review and comment draft email of OJY re ;email to HA re same　GJ　0.00%　0.80 09.12.2024　rev. draft　MMA　0.00%　0.80 10.12.2024　Research re　OJY　0.00%　4.85 10.12.2024　Revision of memo reg.　SSA　0.00%　4.40 10.12.2024　Draft:　OJY　0.00%　4.40 10.12.2024　rev.　MMA　0.00%　1.70 10.12.2024　conf OJY re　MMA　0.00%　0.20 10.12.2024　rev. options andreview of law　HA　0.00%　1.00 10.12.2024　E-Mail to Luc and Alex　HA　0.00%　0.50 11.12.2024　Revision of memo req.　SSA　0.00%　1.25 11.12.2024　Research　OJY　0.00%　2.40 11.12.2024　Draft　OJY　0.00%　3.45 11.12.2024　rev.　MMA　0.00%　0.80 12.12.2024　Revision of memo on　SSA　0.00%　0.30 12.12.2024　Draft: alternative Option　OJY　0.00%　5.80 12.12.2024　Discussion: re legal options　OJY　0.00%　0.50 13.12.2024　Draft: Letter to　OJY　0.00%　3.20 13.12.2024　Research:　OJY　0.00%　3.35 13.12.2024　rev. draft　MMA　0.00%　0.50 13.12.2024　Call with HA, MMA, OJY, Luc and Alex　SSA　0.00%　0.30 13.12.2024　Meeting with HA, MMA and OJY reg. call with Luc and Alex　SSA　0.00%　0.50 13.12.2024　Discussion re call　OJY　0.00%　0.50 10. 12.2024　Call. Te flext Steps　UJI　U.UU 70　0.40 13.12.2024　rev, memos　HA　0.00%　1.00 13.12.2024　perpare call with team　HA　0.00%　0.50 13.12.2024　Call Luc / Alex　HA　0.00%　0.90 13.12.2024　Meeting with HA, MMA, OJY and SSA reg. call with Luc and Alex　GJ　0.00%　0.50 13.12.2024　Call with HA, MMA, OJY, SSA, Luc and Alex　GJ　0.00%　0.30 13.12.2024　conf HA/GJ/OJY re strategy and legal options Switzerland　MMA　0.00%　0.50 13.12.2024　call Luc/Alex re next steps　MMA　0.00%　0.50 16.12.2024　Research: re　OJY　0.00%　0.35 16.12.2024　Draft:　OJY　0.00%　4.35 16.12.2024　Call:　OJY　0.00%　0.40 16.12.2024　Draft: Email re Comments　OJY　0.00%　1.90 16.12.2024　Call:　MMA　0.00%　0.40 16.12.2024　rev. comments Alex on　MMA　0.00%　0.50 17.12.2024　Research reg.　SSA　0.00%　6.45 17.12.2024　Review: Transfers from Kwok　OJY　0.00%　0.90 17.12.2024　Draft: Answers re Email　OJY　0.00%　2.50 17.12.2024　Call with OJY reg.　SSA　0.00%　0.55 17.12.2024　rev. letter　MMA　0.00%　0.20 17.12.2024　draft email Alex re　MMA　0.00%　0.40 17.12.2024　draft email Alex re　MMA　0.00%　0.30 17.12.2024　Call: re Email　OJY　0.00%　0.30 18.12.2024　Draft: Letter to　OJY　0.00%　3.50 18.12.2024　rev. letter　HA　0.00%　1.90 18.12.2024　rev. draft　MMA　0.00%　0.40 19.12.2024　Draft: English Mashine Translation　OJY　0.00%　0.90 19.12.2024　Draft: Draft Letter for　OJY　0.00%　4.90 20.12.2024　Draft: Fınalızıng Submission　OJY　0.00%　3.20 20 12 2024　rev. draft　MMA　0.00%　0.50 20.12.2024　Review:　OJY　0.00%　1.90 20 12 2024　Review: Documents　OJY　0.00%　1.30 20.12.2024　conf. HA/OJY re　MMA　0.00%　0.40 Date　lext　VAT　Amount CHF 08.01.2025 Disbursements　0.00%　1'296.85 Total excl. VAT 1'296.85 Provider　Hours　Rate CHF　Amount CHF Hayek, Daniel　9.40　750.00　7'050.00 Jany, Oliver　97.75　375.00　36'656.25 Jegher, Gion　13.90　650.00　9'035.00 Meili, Mark　11.90　550.00　6'545.00 Sangiorgio, Shannon　31.75　175.00　5'556.25 164.70　393.70　64'842.50