--- type: court_doc id: "court_ctb_4030_0" court: "CTB" case_no: "22-50073" doc_number: 4030 doc_type: "ORDER" filed_date: "2023-08-18" lang: "en" machine_translated: false url: "https://mubeitech.com/en/court/court_ctb_4030_0" json_url: "https://mubeitech.com/api/court/court_ctb_4030_0" --- # Guo Wengui / Miles Guo — bankruptcy case · ORDER · ECF #4030 **Monthly Fee Statement — In re Ho Wan Kwok (Miles Guo / Guo Wengui), CTB 22-50073 ECF #4030 (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 86,231.00) and 100% of expenses (CHF 2,155.80) for professional services rendered from January 1 through January 31, 2025.** 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 JANUARY 1, 2025 THROUGH JANUARY 31, 2025 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 January 1, 2025 through and including January 31, 2025 (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 86,231.00 and CHF 2,155.80, 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 25, 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: February 4, 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) ------------------------------------------------------x　: 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: February 4, 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). Name　Hours　Rate CHF　Amount CHF Hayek, Daniel　13.00　800.00　10.400.00 Jany, Oliver　168.05　425.00　71,421.25 Jegher, Gion　18.70　700.00　13,090.00 Meili, Mark　16.40　600.00　9.840.00 Zehnder, Anık　8.10　375.00　3.037.50 TOTAL　224.25　107,788.75 Exhibit B Fee Statement Date　Service　Name　VAT　Hours 06.01.2025　Draft V　OJY　0.00%　6.15 06.01.2025　Conf OJY re status of workstreams　MMA　0.00%　0.25 06.01.2025　Call: Alex re short Memo on　OJY　0.00%　0.25 06.01.2025　Draft: Short Memo re　OJY　0.00%　2.40 06.01.2025　rev. amended draft　MMA　0.00%　0.40 07.01.2025　Draft: Short Memo re　OJY　0.00%　6.45 07.01.2025　Draft:　OJY　0.00%　2.50 07.01.2025　conf OJY re　MMA　0.00%　0.30 08.01.2025　Draft: Overview Work Tasks　OJY　0.00%　0.70 08.01.2025　Draft: Finilazing　OJY　0.00%　0.05 08.01.2025　Draft: E-Mail　OJY　0.00%　0.15 08.01.2025　Draft: Short Memo　OJY　0.00%　6.15 08.01.2025　rev. memo , draf　HA　0.00%　2.10 08.01.2025　conf with OJY regarding　GJ　0.00%　1.00 09 01 2025　Draft: Short Memo　OJY　0.00%　5.60 09.01.2025　conf HAVOJY re next steps　MMA　0.00%　0.40 09.01.2025　Draft:　OJY　0.00%　3.40 09.01.2025　rev.　MMA　0.00%　1.20 09.01.2025　conf OJY re　MMA　0.00%　0.30 09.01.2025　Draft: Email　OJY　0.00%　0.25 09.01.2025　review draft ; legal research re ; markup Memo; conf OJY　GJ　0.00%　3.00 10 01 2025　conf HA/GJ/OJY re　MMA　0.00%　0.30 10.01.2025　Draft: Short Memo　OJY　0.00%　7.35 10.01.2025　rev. letter　MMA　0.00%　0.30 10.01.2025　rev. and memo　HA　0.00%　2.90 11.01.2025　Draft: Short Memo　OJY　0.00%　3.85 13.01.2025　Draft: Short Memo　OJY　0.00%　4.60 13.01.2025　Draft:　OJY　0.00%　3.65 13.01.2025　rev. memo　MMA　0.00%　1.20 13 01 2025　conf OJY re　MMA　0.00%　0.25 13.01.2025　review ; markup same; email to OJY　GJ　0.00%　3.00 14.01.2025　Draft: Short Memo　OJY　0.00%　3.90 14.01.2025　Draft:　OJY　0.00%　1.25 14.01.2025　Draft: Next　OJY　0.00%　1.45 14.01.2025　rev. updated memo on　MMA　0.00%　0.80 14.01.2025　rev. updated　MMA　0.00%　0.50 14.01.2025　Review: Data re　OJY　0.00%　1.40 14.01.2025　rev. update Alex re　MMA　0.00%　0.30 14.01.2025　rev. Memo　HA　0.00%　2.30 14.01.2025　Draft: Translation　OJY　0.00%　1.00 14.01.2025　Draft: Email re Memo and Data　OJY　0.00%　0.30 14.01.2025　rev. email Luc re　MMA　0.00%　0.20 15.01.2025　Research: Next Steps　OJY　0.00%　2.50 15.01.2025　Review: Possible action re　OJY　0.00%　1.50 15.01.2025　Draft: Mashine Translation　OJY　0.00%　1.60 15.01.2025　Draft: Email to Alex　OJY　0.00%　0.75 15.01.2025　comment　HA　0.00%　0.50 15.01.2025　Conf. MMA, OJY, GJ　HA　0.00%　0.70 15.01.2025　Discussion: re next steps　OJY　0.00%　0.85 15.01.2025　Dratt: Power Point re Options　OJY　0.00%　3.20 15.01.2025　conf HA/GJ/OJY re legal strategy Switzerland　MMA　0.00%　1.00 15.01.2025　review memo re strategy; internal conference with HA, MMA and OJY; legal research re ; conf OJY re scenarios　GJ　0.00%　3.50 16.01.2025　Review: Documents re　OJY　0.00%　0.95 16 01 2025　Review: Response to　OJY　0.00%　1.50 16.01.2025　Research: re　OJY　0.00%　0.75 16.01.2025　Draft: Power Point re　OJY　0.00%　1.75 16.01.2025　rev. overview on　MMA　0.00%　0.90 16 01 2025　conf GJ/OJY re　MMA　0.00%　0.40 16.01.2025　prep. call Luc/Alex re　MMA　0.00%　0.50 16.01.2025　Call Lux/Alex re　MMA　0.00%　1.00 16.01.2025　Conf. OJY re　ANZ　0.00%　0.30 16.01.2025　Call: re next steps　OJY　0.00%　1.00 16.01.2025　Discussion next steps　OJY　0.00%　1.50 16.01.2025　Draft: Revised　OJY　0.00%　1.30 16.01.2025　Call: Alex re and email　OJY　0.00%　0.45 16.01.2025　rev. memos and　HA　0.00%　1.00 16.01.2025　Discussion with Team and amend presentation　HA　0.00%　1.10 16.01.2025　Call Lux and Alex re: Options and　HA　0.00%　1.00 16.01.2025　rev. powerpoint overview on ; legal reserach re same; conf OJY; amend overview　GJ　0.00%　1.50 16.01.2025　call with Luc Despins, Alex Bongartz, HA, MMA and OJY re next steps　GJ　0.00%　1.00 16.01.2025　conf with HA, MMA and OJY re next steps　GJ　0.00%　1.50 17.01.2025　Draft:　OJY　0.00%　6.05 17.01.2025　Draft: Email re new information　OJY　0.00%　0.20 17.01.2025　conf OJY re　MMA　0.00%　0.30 17.01.2025　rev. email Alex re arguments in support of　MMA　0.00%　0.40 17.01.2025　rev.　MMA　0.00%　0.30 17.01.2025　Legal research re　ANZ　0.00%　6.20 20.01.2025　Draft:　OJY　0.00%　8.05 20.01.2025　Email to OJY re　ANZ　0.00%　0.20 20.01.2025　email of OJY with email of Luc Despin and answer　GJ　0.00%　0.30 20.01.2025　rev.　HA　0.00%　1.40 21.01.2025　Draft:　OJY　0.00%　8.55 21.01.2025　Legal research re　ANZ　0.00%　0.20 22.01.2025　Draft:　OJY　0.00%　5.55 22.01.2025　Legal research re　ANZ　0.00%　1.00 22.01.2025　Research re　OJY　0.00%　2.40 22.01.2025　Email to OJY re　ANZ　0.00%　0.20 23.01.2025　Research:　OJY　0.00%　2.25 23.01.2025　Research: Case law　OJY　0.00%　3.00 23.01.2025　Draft:　OJY　0.00%　3.00 23.01.2025　rev. draft　MMA　0.00%　2.00 23.01.2025　conf OJY re　MMA　0.00%　0.20 24.01.2025　Draft:　OJY　0.00%　6.65 24.01.2025　Research: re　OJY　0.00%　0.80 24.01.2025　Discssion re　OJY　0.00%　1.40 24.01.2025　cont HA/GJ/OJY re　MMA　0.00%　0.30 24.01.2025　rev. amended　MMA　0.00%　0.30 24.01.2025　Email: re　OJY　0.00%　0.20 24.01.2025　; legal research; various conf rev. draft OJY　GJ　0.00%　3.50 27.01.2025　Research:　OJY　0.00%　4.95 27.01.2025　Review: re Call and Call　OJY　0.00%　1.15 27.01.2025　Call Alex re　MMA　0.00%　0.50 27.01.2025　Draft:　OJY　0.00%　2.00 27.01.2025　conf OJY re　MMA　0.00%　0.20 28.01.2025　Draft:　OJY　0.00%　7.45 28.01.2025　Email:　OJY　0.00%　0.45 Total excl. VAT 224.25 Expenses Date　Text　VAT　Amount CHF 04.02.2025　Disbursements　0.00%　2'155.80 Total excl. VAT　2'155.80 Provider　Hours　Rate CHF　Amount CHF Hayek, Daniel　13.00　800.00　10'400.00 Jany, Oliver　168.05　425.00　71'421.25 Jegher, Gion　18.70　700.00　13'090.00 Meili, Mark　16.40　600.00　9'840.00 Zehnder, Anik　8.10　375.00　3'037.50 224.25　480.65　107'788.75