Guo Wengui / Miles Guo — bankruptcy case · ORDER · ECF #4344

METADATA

Defendant
Guo Wengui / Miles Guo / Ho Wan Kwok
Court
CTB
Case No.
22-50073
ECF #
4344
Type
ORDER

FULL TEXT

## **UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION**

| -------------------------------------------------------<br>x | | | |---------------------------------------------------------------------|--------|-------------------------| | In re: | :<br>: | Chapter<br>11 | | et al.,1<br>HO WAN KWOK, | :<br>: | Case No. 22-50073 (JAM) | | Debtors.<br>------------------------------------------------------x | :<br>: | (Jointly Administered) | | | | Re: ECF No. 4299 |

## **ORDER GRANTING SECOND MOTION OF CHAPTER 11 TRUSTEE TO INCREASE CAP ON FUNDING OF EXPENSES OF MAHWAH MANSION**

Upon the motion (the "Motion"),<sup>2</sup> filed by Luc A. Despins, in his capacity as the chapter 11 trustee (the "Trustee") appointed in the chapter 11 case of Ho Wan Kwok (the "Debtor"), requesting that the Court increase the Adjusted Expenses Cap under the *Order Granting Amended Emergency Motion of Chapter 11 Trustee, Pursuant to Bankruptcy Code Section 363(b), for Entry of Order Authorizing Trustee to Fund Maintenance of Mahwah Mansion and for Related Relief* [ECF No. 3422] (the "Funding Order"), as modified by the Court's *Order Granting Motion of Chapter 11 Trustee to Increase Cap on Funding of Expenses of Mahwah Mansion* [ECF No. 3689] (the "First Increase Order"), and the Trustee having given notice to the Notice Parties consistent with the Funding Order, and it appearing that the requested adjustment of the Adjusted Expenses Cap is in the best interests of the Debtor's estate and creditors; and upon all of the proceedings had before the Court and after due deliberation and sufficient cause appearing therefor, and after the hearing held on April 22, 2025, it is hereby

<sup>1</sup> 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 the 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).

<sup>2</sup> Capitalized terms not expressly defined herein adopt the definitions set forth in the Motion.

ORDERED THAT:

1. The Motion is GRANTED as set forth herein.

2. The Adjusted Expenses Cap is increased by \$600,000 to an adjusted cap of \$1,600,000 (the "Second Adjusted Expenses Cap").

3. The Second Adjusted Expenses Cap shall be subject to increase by further order of the Court pursuant to the terms and procedures in the Funding Order.

4. Except as expressly modified by this Order, the Funding Order and the First Increase Order shall remain in full force and effect.

5. The terms and conditions of this Order shall be immediately effective and enforceable upon its entry.

6. This Court retains exclusive jurisdiction with respect to all matters arising from or related to the implementation, interpretation, and enforcement of this Order.

Dated at Bridgeport, Connecticut this 23rd day of April, 2025.