Guo Wengui / Miles Guo — bankruptcy case · ORDER · ECF #4417

METADATA

Defendant
Guo Wengui / Miles Guo / Ho Wan Kwok
Court
CTB
Case No.
22-50073
ECF #
4417
Type
ORDER
Filed
2023-08-18

Monthly Fee Statement — In re Ho Wan Kwok (Miles Guo / Guo Wengui), CTB No. 22-50073, ECF #4417 (filed Aug. 18, 2023). Kobre & Kim (GCC) LLP, special UAE counsel to Chapter 11 Trustee Luc A. Despins, requests approval and payment of $25,717.00 (80% of fees) and $0 in expenses for legal services performed between March 1 and March 31, 2025.

FULL TEXT

#

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 KOBRE & KIM (GCC) LLP FOR COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR PERIOD FROM MARCH 1, 2025 THROUGH MARCH 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 Kobre & Kim (GCC) LLP ("Kobre & Kim") hereby

#

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

#

services rendered and reimbursement of expenses incurred as special counsel in the United Arab

#

Emirates (the "UAE") 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 March 1, 2025 through

#

and including March 31, 2025 (the "Fee Period"). By this Monthly Fee Statement, Kobre & Kim

#

respectfully requests payment of 80% of all fees and 100% of all expenses actually and

#

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.

#

necessarily incurred for services rendered during the Fee Period, in the amounts of \$25,717.00 and \$0, respectively.

#
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 Kobre & Kim individual who provided services during the Fee Period.

#

2. Attached hereto as Exhibit B is Kobre & Kim's 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 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) Kobre & Kim (Attn: Paul Hughes (paul.hughes@kobrekim.com) and (ii) the Notice Parties by email no later than June 5, 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 Kobre & Kim 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: May 15, 2025
#
By: /s/ Paul Hughes
#

Paul Hughes KOBRE & KIM (GCC) LLP Office 27-01, Level 27 ICD Brookfield DIFC Dubai, UAE

#
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: May 15, 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 Amount
#
Partner 7.8 \$1,875.00 \$14.625.00 Principal 4.5 \$1.300.00 \$5.850.00 Associate 10.0 \$1,050.00 \$10,500.00 Analyst 2.0 \$585.00 \$1,170.00
#
TOTAL 24.3 \$32,145.00
#

Case 22-50073 Doc 4417 Filed 05/15/25 Entered 05/15/25 15:48:59 Page 6 of 10

#
Exhibit B
#
Fee Statement
#

Luc Despins Invoice No. 471922R April 25, 2025 PRIVILEGED & CONFIDENTIAL ATTORNEY-CLIENT COMMUNICATION

#
Schedule of Professional Services
#

Date/Tkpr Description of Work Rate Hours Amount

#
03/03/2025
#

PRH Confer with Emily and Nada regarding next steps on , review Paul Hastings update. \$1,875.00 0.6 \$1,125.00 PRH Briefing Emily and Nada ahead of Paul Hastings call

#
and debrief. 1,875.00 0.3 562.50
#

ERB Prepare for and attend update call with Douglass. 1,300.00 0.4 520.00 NAE Confer with team on strategy and next steps. 1,050.00 0.3 315.00 NAE Prep for and attend client call to 1,050.00 0.4 420.00

#
03/04/2025
#

PRH Review email and draft POA from Hadef and confer

#
Nada regarding 1,875.00 0.4 750.00 NAE Review Tamimi's email and enclosed , and
#

discuss with Paul Hughes. 1,050.00 0.4 420.00

#
03/05/2025 NAE Review Tamimi's email to progress , call with
#

Tamimi to discuss the same and debrief with Paul

#
Hughes. 1,050.00 0.5 525.00 03/06/2025
#

ERB Attention to correspondence with Douglass regarding:

#
; confer Paul Hughes. 1,300.00 0.7 910.00 03/07/2025
#

PRH Review query from Paul Hastings, review, amend and approve email in response. 1,875.00 0.3 562.50 ERB Correspondence with Douglass. 1,300.00 0.1 130.00

#
03/10/2025
#

NAE Review and amend 1,050.00 0.5 525.00

#
NAE Attention to client's queries regarding 1,050.00 0.2 210.00
#

Case 22-50073 Doc 4417 Filed 05/15/25 Entered 05/15/25 15:48:59 Page 8 of 10

#

Luc Despins Invoice No. 471922R April 25, 2025 PRIVILEGED & CONFIDENTIAL ATTORNEY-CLIENT COMMUNICATION

#

Date/Tkpr Description of Work Rate Hours Amount

#
03/11/2025
#

PRH Review Nada amendments and comments on

#
and approve. 1,875.00 0.2 375.00
#

PRH Review Alex update and confer Emily regarding

#
response. 1,875.00 0.2 375.00 NAE Further edits to and discuss with Paul Hughes. 1,050.00 0.5 525.00
#

NAE Draft and send email to Tamimi with further queries on 1,050.00 0.4 420.00 NAE Attention to client email on potential conflict with

#
Tamimi. 1,050.00 0.1 105.00 NAE Attention to client's queries regarding 1,050.00 0.1 105.00 03/12/2025
#

PRH Call Luc regarding onshore UAE Counsel and confer team regarding next steps, liaise with Alex at Paul

#
Hastings. 1,875.00 0.4 750.00
#

ERB Correspondence with Ezra. 1,300.00 0.1 130.00 NAE Attention to conflict issue with Tamimi and liaise with team on running conflict check with Hadef. 1,050.00 0.4 420.00 NRS Attention to key notes from client call. 585.00 0.2 117.00

#
03/13/2025
#

PRH Liaise with Paul Hastings and Tamimi regarding

#
onshore counsel. 1,875.00 0.4 750.00
#

NAE Attention to correspondence with Tamimi regarding conflict and confer with Paul Hughes. 1,050.00 0.4 420.00 NAE Attention to list of conflict terms to run by Hadef. 1,050.00 0.2 210.00

#
03/14/2025
#

PRH Internal strategy call following email from Paul

#
Hastings. 1,875.00 0.7 1,312.50
#

PRH Review, amend and approve draft email regarding local counsel and liaise with Paul Hastings team, review and approve email out to Hadef and review

#
response. 1,875.00 0.7 1,312.50
#

ERB Confer Paul Hughes and Nada Oteifi regarding priority action items and updates to client. 1,300.00 0.5 650.00

#

Case 22-50073 Doc 4417 Filed 05/15/25 Entered 05/15/25 15:48:59 Page 9 of 10

#

Date/Tkpr Description of Work Rate Hours Amount

#

ERB Attention to queries raised by Ezra regarding 1,300.00 0.6 780.00

#
NAE Review 1,050.00 0.5 525.00
#

NAE Attention to client's comments on conflict terms. 1,050.00 0.2 210.00 NAE Consider service related queries. 1,050.00 0.1 105.00 NAE Draft email to client proposing way forward with conflict check and discuss with Paul Hughes. 1,050.00 0.4 420.00 NAE Draft and send conflict check email to Hadef. 1,050.00 0.3 315.00 NAE Prepare list of conflict terms to send to Hadef, and amend following client's comments. 1,050.00 0.5 525.00 NAE Progress strategy and in the UAE and ADGM and discuss the same with Paul Hughes and Emily Beirne. 1,050.00 0.8 840.00

#
03/16/2025
#

ERB Review/comment upon draft client email regarding 1,300.00 0.2 260.00

#
NAE Further review of and
#

draft response to client query. 1,050.00 0.4 420.00

#
03/17/2025
#

PRH Review amend and approve detailed update to Paul

#
Hastings. 1,875.00 0.4 750.00
#

NAE Review draft response to client's query as to the 1,050.00 0.1 105.00

#
03/18/2025
#

PRH Review, amend and approve detailed update regarding

#
ADGM. 1,875.00 0.3 562.50
#

PRH Review, amend and approve update regarding 1,875.00 0.2 375.00 NAE Correspond with client and Hadef to progress next

#
steps. 1,050.00 0.4 420.00
#

NAE Correspond with Hadef to progress conflict check. 1,050.00 0.2 210.00

#
03/20/2025
#

PRH Attend to various emails regarding client update. 1,875.00 0.3 562.50

#

Case 22-50073 Doc 4417 Filed 05/15/25 Entered 05/15/25 15:48:59 Page 10 of 10

#

Luc Despins Invoice No. 471922R April 25, 2025 PRIVILEGED & CONFIDENTIAL ATTORNEY-CLIENT COMMUNICATION

#

Date/Tkpr Description of Work Rate Hours Amount

#
03/21/2025
#

PRH Review updates from Paul Hastings team regarding

#
and confer team, review and
#

approve detailed update Ezra. 1,875.00 0.5 937.50 ERB Attention to queries regarding UAE entities raised by Ezra; confer Nadia Simpson. 1,300.00 0.8 1,040.00 ERB Correspondence with client/confer team. 1,300.00 0.2 260.00

#
NAE Attention to client's query as to
#

and review team's findings. 1,050.00 0.3 315.00 NRS Attention to UAE entities and obtain of the same for attorney team review. 585.00 1.8 1,053.00

#
03/25/2025
#

PRH Attend call with Paul Hastings team. 1,875.00 0.5 937.50 PRH Prepare for call with Paul Hastings team. 1,875.00 0.3 562.50 ERB Prepare for and attend client update call. 1,300.00 0.8 1,040.00

#
NAE Prepare list of and send to
#

Hadef for conflict checks. 1,050.00 0.4 420.00 NAE Prep for and attend client call. 1,050.00 1.0 1,050.00

#
03/26/2025
#

PRH Review follow up emails from Paul Hastings team

#
following call. 1,875.00 0.3 562.50
#

PRH Review and approve Hadef email regarding onshore. 1,875.00 0.2 375.00 PRH Review and approve communications with Hadef. 1,875.00 0.2 375.00

#
03/31/2025 PRH Review communications with client regarding comments on 1,875.00 0.4 750.00
#

ERB Correspondence with client. 1,300.00 0.1 130.00

#
Total Current Fees \$32,145.00
#

Total Current Fees & Charges \$32,145.00

SUBSCRIBE

New filings added to this archive go out in the weekly brief.

No email-open or email-link tracking. One-click unsubscribe. or use RSS · details

Related in this archive