---
type: court_doc
id: "court_ctb_4970_0"
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case_no: "22-50073"
doc_number: 4970
doc_type: "ORDER"
filed_date: "2026-01-15"
lang: "en"
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# Guo Wengui / Miles Guo — bankruptcy case · ORDER · ECF #4970

**Sixth Interim Fee Application — In re Ho Wan Kwok (Miles Guo / Guo Wengui), CTB 22-50073 ECF #4970 (filed 2026-01-15). Special counsel Prager Dreifuss AG submits its sixth interim application for compensation and reimbursement covering September 1 through December 31, 2025, requesting approval of CHF 466,970.00 in professional fees and CHF 53,147.80 in expenses, totaling CHF 520,117.80.**


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
COVERSHEET FOR SIXTH INTERIM FEE APPLICATION OF PRAGER DREIFUSS AG

Interim Application of:　Prager Dreifuss AG

Time Period:　September 1, 2025 through December 31, 2025
Bankruptcy Petition Filed:　February 15, 2022
Date of Entry of Retention Order:　March 21, 2023 [Docket No. 3034] (effective as of January
17, 2024); March 17, 2025 [Docket No 4223] (order
amending Retention Order).
Amount Requested　Reductions
Fees:　CHF 466,970.00　Voluntary Fee Reductions:　none
Expenses:　CHF 53,147.80　Voluntary Expenses Reductions:　none
Total:　CHF 520,117.80
Fees Previously Requested:　Retainer Request:
Requested Fees:　CHF 1,297,013.75　None
Awarded Fees:　CHF 1,297,013.75
Expenses Previously Requested: Expense Detail:

Paid Expenses:　CHF 149,198.25

Paid Fees: CHF 1,297,013.752

Requested Expenses: CHF 149,198.25　Retainer Received:　Not applicable

Awarded Expenses:　CHF 149,198.25　Copies per page cost & total: Not applicable

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 In addition, as detailed below, CHF 286,213.00 in fees and CHF 50,963.70 in expenses were previously paid with respect to Prager's monthly fee statements for September through November 2025 in accordance with the Interim Compensation Order (as defined below).

Monthly
Period
Covered　Total Fees
(100%)　Requested Fees
(80%)　Requested
Expenses
(100%)　Fees Paid　Expenses Paid　20% Fee
Holdback

9/1/25 -
9/30/25　142,618.75　114,095.00　3,054.00　114,095.00　3,054.00　28,523.75
10/1/25 -
10/31/25　123,125.00　98,500.00　31,069.25　98,500.00　31,069.25　24,625.00
11/1/25 -
11/30/25　92,022.50　73,618.00　16,840.45　73,618.00　16,840.45　18,404.50
12/1/25 -
12/31/25　109,203.75　87,363.00　2,184.10　-　-　21,840.75
TOTAL　466,970.00　373,576.00　53,147.80　286,213.00　50,963.70　93,394.00
MONTHLY FEE REQUESTS FOR FEE PERIOD (IN CHF)
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
SIXTH INTERIM FEE APPLICATION OF PRAGER DREIFUSS AG, AS SWISS LAW COUNSEL, FOR COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR PERIOD FROM SEPTEMBER 1, 2025 THROUGH DECEMBER 31, 2025

Pursuant to sections 105(a), 328, 330, and 331 of title 11 of the United States Code (such title, hereinafter, the "Bankruptcy Code"), Rule 2016 of the Federal Rules of Bankruptcy Procedure (the "Bankruptcy Rules"), Rule 2016-1 of the Local Rules of Bankruptcy Practice and Procedure of the United States Bankruptcy Court for the District of Connecticut (the "Local Rules"), and the *Order Establishing Procedures for Interim Compensation and Reimbursement of Expenses for Retained Professionals, dated August 18, 2023* [Docket No. 2094] (the "Interim Compensation Procedures Order"), Prager Dreifuss AG ("Prager" or the "Applicant"), as Swiss law counsel for 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"), hereby files this *Sixth Interim Application of Prager Dreifuss AG, as Swiss Law Counsel, for Compensation and Reimbursement of Expenses for the Period from September 1, 2025 through December 31, 2025*

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).

(the "Application"). By this Application, Prager requests interim allowance of professional fees incurred during the period from September 1, 2025 through and including December 31, 2025 (the "Application Period"), as well as reimbursement of expenses. In support of this Application, Prager respectfully states as follows:
JURISDICTION, VENUE, BASES FOR RELIEF, AND COMPLIANCE

1. The Court has jurisdiction over this matter pursuant to 28 U.S.C. §§ 157 and 1334 and the Standing Order of Reference from the United States District Court for the District of Connecticut. This matter is a core proceeding within the meaning of 28 U.S.C. § 157(b)(2). Venue is proper pursuant to 28 U.S.C. §§ 1408 and 1409.

2. The legal predicates for the relief requested herein are sections 330 and 331 of the Bankruptcy Code, Bankruptcy Rule 2016, and Local Rule 2016-1.

3. Prager believes that this Application, together with the attachments hereto, substantially complies with the Bankruptcy Rules, Local Rule 2016-1, and the *United States Trustee's Guidelines for Reviewing Applications for Compensation and Reimbursement of Expenses Filed Under 11 U.S.C. § 330 by Attorneys in Larger Chapter 11 Cases* (the "U.S. Trustee Guidelines").2 Prager respectfully requests a waiver of any of the foregoing requirements not met by this Application.

- 4. Attached and incorporated herein by reference are the following Exhibits:
	- Exhibit A contains the Proposed Order granting this Application.
	- Exhibit B is a timekeeper summary that includes the name, hourly billing rate, aggregate hours, and amount of fees earned for each Prager individual who provided services during the Application Period; and

2 Prager reserves all rights as to the relevance and substantive legal effect of the U.S. Trustee Guidelines with respect to any application for compensation in these chapter 11 cases.

 Exhibit C contains the detail of the fees and expenses incurred during the Application Period.
BACKGROUND
I. Chapter 11 Cases

5. On February 15, 2022 (the "Petition Date"), the Individual Debtor filed a voluntary petition for relief under the Bankruptcy Code in the United States Bankruptcy Court for the District of Connecticut (Bridgeport Division) (the "Court").

6. On March 21, 2022, the United States Trustee appointed an Official Committee of Unsecured Creditors (the "Committee") in the Individual Debtor's chapter 11 case. No examiner has been appointed in the Individual Debtor's chapter 11 case.

7. On June 15, 2022, the Court entered a memorandum of decision and order [ECF No. 465] (the "Trustee Order") directing the United States Trustee to appoint a chapter 11 trustee in the Individual Debtor's chapter 11 case.

8. Pursuant to the Trustee Order, the United States Trustee selected Luc A. Despins as the Trustee. On July 8, 2022, the Court entered an order granting the appointment of Luc A. Despins as the Trustee in the Individual Debtor's chapter 11 case.

9. By order entered March 21, 2024, the Court authorized Prager's retention as Swiss law counsel to the Trustee [Docket No. 3034] (as amended, the "Retention Order")3 effective as of January 17, 2024 in the Debtor's chapter 11 case. The Retention Order authorizes Prager to be compensated on an hourly basis and reimbursed for actual and necessary out-ofpocket expenses pursuant to sections 328 and 330 of the Bankruptcy Code, the Bankruptcy Rules, the Local Rules, and such orders as the Court may direct. In accordance with the

3 On March 17, 2025, the Court issued an order amending the Retention Order [Docket No. 4223], including as to Prager's reimbursement for third-party expenses.

Retention Order, (a) Prager is authorized to charge a flat fee for disbursements in an amount equal to 2% of the total fees charged and (b) Prager 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.

10. On June 24, 2024, Prager filed its *First Interim Fee Application of Prager Dreifuss AG, as Swiss Law Counsel, for Compensation and Reimbursement of Expenses for Period from January 17, 2024 Through April 30, 2024* [Docket No. 3281] (the "First Interim Fee Application") requesting interim allowance of professional fees incurred during the period from January 17, 2024 through and including April 30, 2024. On July 23, 2024, the Court granted the First Interim Fee Application [Docket No. 3346].

11. On October 15, 2024, Prager filed its *Second Interim Fee Application of Prager Dreifuss AG, as Swiss Law Counsel, for Compensation and Reimbursement of Expenses for Period from May 1, 2024 Through September 30, 2024* [Docket No. 3698] (the "Second Interim Fee Application") requesting interim allowance of professional fees incurred during the period from May 1, 2024 through and including September 30, 2024. On November 13, 2024, the Court granted the Second Interim Fee Application [Docket No. 3812].

12. On January 30, 2025, Prager filed its *Third Interim Fee Application of Prager Dreifuss AG, as Swiss Law Counsel, for Compensation and Reimbursement of Expenses for Period from September 19, 2024 Through December 31, 2024* [Docket No. 4018] (the "Third Interim Fee Application") requesting interim allowance of professional fees incurred during the period from September 19, 2024 through and including December 31, 2024. On February 27, 2025, the Court granted the Third Interim Fee Application [Docket No. 4181].4

4 Additionally, in connection with the Third Interim Fee Application, on March 5, 2025, the Trustee filed a Notice of Filing of (A) Invoices of Third Party Vendors with Respect to Third Interim Fee Application of Prager

13. On June 16, 2025, Prager filed its *Fourth Interim Fee Application of Prager Dreifuss AG, as Swiss Law Counsel, for Compensation and Reimbursement of Expenses for Period from January 1, 2025 Through April 30, 2025* [Docket No. 4484] (the "Fourth Interim Fee Application") requesting interim allowance of professional fees incurred during the period from January 1, 2025 through and including April 30, 2025. On August 13, 2025, the Court granted the Fourth Interim Fee Application [Docket No. 4571].

14. On October 24, 2025, Prager filed its *Fifth Interim Fee Application of Prager Dreifuss AG, as Swiss Law Counsel, for Compensation and Reimbursement of Expenses for Period from May 1, 2025 Through August 31, 2025* [Docket No. 4777] (the "Fifth Interim Fee Application") requesting interim allowance of professional fees incurred during the period from May 1, 2025 through and including August 31, 2025. On December 3, 2025, the Court granted the Fifth Interim Fee Application [Docket No. 4877].
II. Monthly Fee Statements

15. On August 18, 2023, the Court entered the Interim Compensation Procedures Order, which, among other things, approves procedures for the payment of 80% of fees and 100% of expenses on a monthly basis.

16. On October 7, 2025, Prager filed and served a monthly fee statement [Docket No. 4701] (the "September Fee Statement") requesting payment of 80% of all fees and 100% of all expenses actually and necessarily incurred for services rendered during the period from September 1, 2025 through September 30, 2025, in the amounts of CHF 114,095.00 (80% of

*Dreifuss AG, as Swiss Law Counsel, for Compensation and Reimbursement of Expenses for Period from September 19, 2024 Through December 31, 2024 and (B) Related Proposed Orders* [Docket No. 4193] (the "Third Party Invoices Supplement") attaching the invoices for the Third Party Vendor Expenses (as defined in the Third Interim Fee Application). On March 17, 2025, the Court granted a supplemental order in connection with the Third Party Invoices Supplement [Docket No. 4222].

CHF 142,618.75) and CHF 3,054.00, respectively. No objections were filed in response to the September Fee Statement. Accordingly, the estate has paid Prager CHF 117,149.00 for fees and expenses with respect to the September Fee Statement.

17. On November 7, 2025, Prager filed and served a monthly fee statement [Docket No. 4830] (the "October Fee Statement") requesting payment of 80% of all fees and 100% of all expenses actually and necessarily incurred for services rendered during the period from October 1, 2025 through October 31, 2025, in the amounts of CHF 98,500.00 (80% of CHF 123,125.00) and CHF 31,069.25, respectively. No objections were filed in response to the October Fee Statement. Accordingly, the estate has paid Prager CHF 129,569.25 for fees and expenses with respect to the October Fee Statement.

18. On December 9, 2025, Prager filed and served a monthly fee statement [Docket No. 4883] (the "November Fee Statement") requesting payment of 80% of all fees and 100% of all expenses actually and necessarily incurred for services rendered during the period from November 1, 2025 through November 30, 2025, in the amounts of CHF 73,618.00 (80% of CHF 92,022.50) and CHF 16,840.45, respectively. No objections were filed in response to the November Fee Statement. Accordingly, the estate has paid Prager CHF 90,458.45 for fees and expenses with respect to the November Fee Statement.

19. On January 9, 2026, Prager filed and served a monthly fee statement [Docket No. 4945] (the "December Fee Statement") requesting payment of 80% of all fees and 100% of all expenses actually and necessarily incurred for services rendered during the period from December 1, 2025 through December 31, 2025, in the amounts of CHF 87,363.00 (80% of CHF 109,203.75) and CHF 2,184.10, respectively. The deadline to object to the December Fee Statement is January 30, 2026. Accordingly, at this time, the estate has not yet paid Prager for
fees and expenses with respect to the December Fee Statement, but the Trustee intends to do so, in accordance with the Interim Compensation Procedures Order.
ALLOWANCE REQUEST

20. The Applicant is applying for compensation pursuant to Sections 330 and 331 of the Bankruptcy Code for legal services performed for the Trustee during the Application Period.

21. For the Application Period, the Applicant seeks allowance of CHF 466,970.00 as compensation for services rendered and allowance and reimbursement of CHF 53,147.80 in expenses incurred in connection with such services. The Applicant devoted 1,350.65 hours to this case during the Application Period, equating to an overall blended rate of CHF 345.74.

22. As noted, Prager has already received payment of CHF 286,213.00 of the fees incurred during the Application Period and CHF 50,963.70 of the expenses incurred during the Application Period, such that Prager is only seeking payment of (i) 80% of the fees and 100% of the expenses incurred in connection with the December Fee Statement, i.e., CHF 89,547.10,5 and (ii) the remaining 20% of its fees incurred during the Application Period, namely CHF 93,394.00.

23. Throughout the Application Period, the Applicant maintained records to indicate the name of each professional working on this matter, the time spent on a particular issue, and the nature of the work performed. These records, which describe in detail the services rendered by the Applicant, were created at the approximate time the services were performed.

24. Annexed hereto and made a part hereof as Exhibit C is a detailed billing report, upon which this application is based that contains each individual professional's time for the Debtor's bankruptcy case, itemizing the dates upon which services were rendered, including a

5 For the avoidance of doubt, the estate will pay this amount after the expiration of the January 30, 2026 objection deadline with respect to the December Fee Statement, provided no objections are filed with respect to that fee statement, in accordance with the Interim Compensation Procedures Order.

summary of the services on each of such dates by each person rendering the service, the time spent in rendering such service, and the CHF value of such services. The time detail attached hereto as Exhibit C include certain redactions to protect against the disclosure of privileged or confidential information.
SUMMARY OF SERVICES RENDERED

25. The Trustee retained Prager, effective as of January 17, 2024, principally to assist the Trustee in investigating and recovering property of the estate located in Switzerland. After the Debtor's chapter 11 case was recognized in Switzerland on July 24, 2024, Prager has continued to investigate estate assets that the Trustee has reason to believe are located in Switzerland and assist with the Trustee's litigation efforts to recover assets for the benefit of the estate. Specifically, Prager assisted the Trustee with the commencing proceedings in Switzerland to attach a multi-million-dollar residence in Weggis, Switzerland (the "Weggis Property") and various other assets of the Debtor's son, Qiang Guo ("Mileson"), which applications were filed in February and April 2025. Swiss court entered the attachment orders in February and June 2025, respectively. Mileson has objected to both attachment orders.

26. During the Application Period, in coordination with Paul Hastings and Marxer Attorneys (the Trustee's Liechtenstein law counsel), Prager (a) prepared the Trustee's statements in further support of the attachments and in response to Mileson's objections to the attachment, (b) analyzed and advised the Trustee on legal issues related to the attachment proceedings, (c) analyzed Mileson's objections to the attachment orders, (d) continued to conduct investigation into Debtor's and Mileson's assets in Switzerland, (e) conducted internal discussions regarding case strategy and related legal issues, and (f) conducted a conciliation hearing in preparation of a civil action against Mileson in Switzerland. Prager has also continued to advise the Trustee on
the next steps in his litigation strategy to recover the attached assets for the benefit of the estate, which, among other things, will include seeking recognition in Switzerland of the default judgments issued by this Court against Mileson as well as a civil action regarding estate claims against Mileson.6

27. The work undertaken by Prager to date has been significant, involving legal research and motion practice, factual analysis, correspondence, and strategic input. This work remains ongoing, with additional work expected in due course.
NO PRIOR APPLICATION

28. No prior application for the relief requested has been made. However, as noted, certain fees and expenses incurred during the Application Period were previously paid in accordance with the Interim Compensation Procedures Order.
LEGAL AUTHORITY FOR COMPENSATION

29. All of the professional services for which this award is being sought hereby were rendered solely on behalf of the Trustee in connection with the chapter 11 cases herein.

30. Applicant respectfully submits that its services have benefited the Debtor's estate with the expertise and skill required to, among other things, conduct an investigation into estate assets located in Switzerland and seek the recovery of such assets. The services for which such compensation is requested were performed for and on behalf of the Trustee. Such services have been necessary to protect and enforce the rights and interests of the Debtor's estate in connection with these chapter 11 cases. The reasonable value of services rendered by Prager in these cases is based upon Prager's usual hourly rates for matters of this nature.

6 In the interest of maintaining confidentiality of the Trustee's ongoing investigation and litigation strategy, the Trustee has redacted the relevant portions of Prager's fee statements. Unredacted versions have been provided to the U.S. Trustee.

31. Section 330 of the Bankruptcy Code prescribes the general standards for determining the amount of compensation to be paid to professionals. The Applicant submits that the amount sought for the Application Period represents reasonable compensation for professional services rendered based upon the time spent, the nature, the extent, and the value of such services, taking into account the cost of comparable services in a non-bankruptcy case.

32. Section 331 of the Bankruptcy Code provides for interim compensation of professionals and incorporates the substantive standards of section 330 of the Bankruptcy Code to govern the Court's award of such compensation. Section 330(a) of the Bankruptcy Code provides that, after notice and a hearing, the Court may award a professional employed under 11 U.S.C. § 327 "reasonable compensation for actual, necessary services rendered" and "reimbursement for actual, necessary expenses." 11 U.S.C. § 330(a)(1).7

33. In determining the amount of "reasonable compensation," the Court must consider the nature, extent, and value of the services, taking into account all the relevant factors, including the time spent on such services, the rates charged for such services, whether the services were necessary and beneficial, whether the services were performed in a reasonable amount of time commensurate with the complexity, importance, and nature of the problem, issue, or task addressed, and whether the compensation is reasonable based on the customary compensation charged by comparably skilled practitioners in cases other than cases under the Bankruptcy Code. See 11 U.S.C. § 330(a)(3). The Court enjoys "considerable discretion in determining reasonable fee awards." In re Ahead Communication Systems, Inc., 395 B.R. 512 (D. Conn. 2008).

7 Under section 328(a) of the Bankruptcy Code, with bankruptcy court approval, a trustee may employ professional persons under section 327(a) of the Bankruptcy Code "on any reasonable terms and conditions of employment, including on a retainer, on an hourly basis, on a fixed or percentage fee basis, or on a contingent fee basis." 11 U.S.C. § 328(a).

34. In assessing the "reasonableness" of the fees requested, the Second Circuit has stated that courts should consider the factors enumerated in Johnson v. Ga. Highway Express, Inc., 8 while also incorporating the "lodestar method." See Arbor Hill Concerned Citizens Neighborhood Ass'n v. County of Albany and Albany County Bd. of Elections, 522 F.3d 182, 190 (2d Cir. 2007) (citing Johnson v. Ga. Highway Express, Inc., 488 F.2d 714 (5th Cir.1974), abrogated on other grounds by Blanchard v. Bergeron, 489 U.S. 87, 92–93, 96 (1989)). The "lodestar method" of calculating the reasonable fee contemplates "the number of hours reasonably expended . . . multiplied by a reasonable hourly rate." See Hensley v. Eckerhart, 461 U.S. 424, 433 (1983); Gisbrecht v. Barnhart, 535 U.S. 789, 801 (2002); Perdue v. Kenny A., 130 S.Ct. 1662, 1672 (2010); In re Drexel Burnham Lambert Grp., Inc., 133 B.R. 13 (Bankr. S.D.N.Y. 1991). The factors set forth in Johnson and In re First Colonial Corp. of Am., 544 F.2d 1291, 1298–99 (5th Cir. 1977) have been adopted by most courts.9 See In re Nine Assocs., Inc., 76 B.R. 943, 945 (S.D.N.Y. 1987) (adopting First Colonial/Johnson analysis); In re Cuisine Magazine, Inc., 61 B.R. 210, 212–13 (Bankr. S.D.N.Y 1986) (same); Green v. City of New York, 403 F. Appx. 626, 629 (2d Cir. 2010) (summary order); see generally 3 COLLIER ON BANKRUPTCY ¶ 330.03[9] (Lawrence P. King ed., 16th ed. 2016) (describing First Colonial

8 The twelve Johnson factors are (1) the time and labor required, (2) the novelty and difficulty of the questions, (3) the skill requisite to perform the legal service properly, (4) the preclusion of other employment by the attorney due to acceptance of the case, (5) the customary fee, (6) whether the fee is fixed or contingent, (7) the time limitations imposed by the client or the circumstances, (8) the amount involved and the results obtained, (9) the experience, reputation, and ability of the attorneys, (10) the "undesirability" of the case, (11) the nature and length of the professional relationship with the client, and (12) awards in similar cases. Johnson, 488 F.2d at 717-19.

9 The factors articulated in First Colonial were first articulated by the Fifth Circuit in Johnson, with the First Colonial court adding the factor of the "spirit of economy," which was later rejected by Congress. See Stroock & Stroock & Lavan v. Hillsborough Holdings Corp. (In re Hillsborough Holdings Corp.), 127 F.3d 1398, 1403 (11th Cir. 1997).

and Johnson as the "leading cases with regard to the factors to be considered in determining a reasonable allowance of compensation").

35. In accordance with the factors enumerated in section 330 of the Bankruptcy Code and applicable case law, the amount requested herein by Prager is fair and reasonable.

36. Finally, this Application is being filed less than 120 days after the filing of Prager's immediately prior fee application (which was filed on October 24, 2025). Prager requests that the Court allow the early filing of this Application (as the Court is permitted to do under section 331 of the Bankruptcy Code). Prager files this Application at this time so as to receive payment of the 20% holdback before February 15, 2026, so that all the hours worked in and fees for September, October, November and December 2025 can be recognized in the firms' accounting for fiscal year 2025 (ending on December 31, 2025).
STATUTORY COMPLIANCE

38. No agreement or understanding exists between Prager and any other person for the sharing of compensation received or to be received for services rendered in or in connection with this matter. Prager will not, in any form or guise, share or agree to share compensation for services with any person, nor will Prager share in the compensation for any other person rendering service in these cases, except as so provided by Section 504(b) of the Bankruptcy Code and Rule 2016 of the Bankruptcy Rules.
RESERVATION OF RIGHTS

39. To the extent that time or disbursement charges for services rendered or expenses incurred during the Application Period are not included in this Application, or Prager has for any reason not sought compensation or reimbursement with respect to such services, Prager reserves the right to request compensation and reimbursement for such services in a supplemental or
future application in these chapter 11 cases. Also, Prager does not waive, and expressly reserves, its right to respond to any objections regarding this Application and the amounts sought for services rendered and expenses incurred.

WHEREFORE, Prager respectfully requests entry of an order, substantially in the form attached hereto, (i) allowing interim compensation for professional services rendered during the Application Period in the amount of CHF 466,970.00 and reimbursement of CHF 53,147.80 in expenses, (ii) authorizing and directing prompt payment of fees and expenses from the estate, to the extent not already paid, (iii) allowing such compensation and payment for professional services rendered without prejudice to Prager's right to seek further compensation and/or payment from the estates for the full value of services performed and expenses incurred, and (iv) granting Prager such other and further relief as is just.

Dated: January 15, 2026

By: /s/ Daniel Hayek

Daniel Hayek PRAGER DREIFUSS AG Mühlebachstrasse 6 CH-8008 Zürich

Swiss Law Counsel to Trustee
IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION

In re:

HO WAN KWOK, et al.,

Debtors.1

Chapter 11

) ) ) ) ) ) ) )

Case No. 22-50073 (JAM)

(Jointly Administered)
CERTIFICATE OF SERVICE

The undersigned hereby certifies that on the date hereof, the foregoing application and all exhibits and attachments thereto (the "Application")2 was electronically filed. Notice of this filing was sent by e-mail to all parties to the above-captioned chapter 11 cases by operation of the Court's electronic filing ("CM/ECF") system or by mail to anyone unable to accept electronic filing as indicated on the Notice of Electronic Filing.3 In addition, to the extent not covered by the foregoing, copies of the Application were served on the twenty (20) largest creditors in the Debtor's chapter 11 case. Parties may access this filing through the Court's CM/ECF system.

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 used but not defined in this Certification shall have the meanings ascribed to them in the Application.

3 To the extent that the foregoing was filed outside regular business hours, service by mail on recipients unable or not qualified to accept electronic notice was made on the next business day.

Dated: January 15, 2026

New York, New York By: /s/ G. Alexander Bongartz

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

Counsel for the Chapter 11 Trustee

Case 22-50073 Doc 4970 Filed 01/15/26 Entered 01/15/26 13:39:19 Page 19 of 53
EXHIBIT A

Proposed Order
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
**[PROPOSED] ORDER GRANTING SIXTH INTERIM FEE APPLICATION OF PRAGER DREIFUSS AG, AS SWISS LAW COUNSEL, FOR COMPENSATION AND REIMBURSEMENT OF EXPENSES FOR PERIOD FROM SEPTEMBER 1, 2025 THROUGH DECEMBER 31, 2025**

Upon consideration of the Application (the "Application")2 of Prager Dreifuss AG

("Prager"), as Swiss law counsel for 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"), for interim

allowance of compensation and reimbursement of expenses from September 1, 2025 through

December 31, 2025; and sufficient notice having been given; and a hearing having been held on

\_\_\_\_\_\_\_, 2026 and due consideration having been given to any responses thereto; and sufficient

cause having been shown therefor, it is hereby:

1. ORDERED that the Application is granted, pursuant to 11 U.S.C. §§ 330 and 331,

to the extent set forth herein, and compensation in the amount of CHF 466,970.00 and

reimbursement of expenses in the amount of CHF 53,147.80 are awarded to Prager, subject to

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 adopt the definitions set forth in the Application.

final adjustment and disgorgement in the event all administrative expenses are not paid in full; it is further

2. ORDERED that nothing herein modified the Retention Order; it is further

3. ORDERED that the estates are authorized and directed to pay the amounts not already paid to Prager as requested in the Application, which total CHF 93,394.00, i.e., 20% of the fees allowed in paragraph 1 above, within fourteen days of the date of this Order; it is further

4. ORDERED that, notwithstanding the time restrictions in section 331 of the Bankruptcy Code, Prager is permitted to file the Application.

5. ORDERED that this Court shall retain jurisdiction to hear and determine all matters arising from the implementation of this Order; it is further

6. ORDERED that the Trustee and Prager are authorized and empowered to take all necessary actions to implement the relief granted in this Order; it is further

7. ORDERED that notwithstanding the possible applicability of Bankruptcy Rules 6006(d), 7062, 9014, or otherwise, the terms and conditions of this Order shall be immediately effective and enforceable upon its entry; and it is further

8. ORDERED that all time periods set forth in this Order shall be calculated in accordance with Bankruptcy Rule 9006(a).
Case 22-50073 Doc 4970 Filed 01/15/26 Entered 01/15/26 13:39:19 Page 22 of 53
EXHIBIT B
Timekeeper Summary

Name　Hours　Rate CHF　Amount CHF

Hayek, Daniel　40.05　800.00　32,040.00
Hinze, Chiara　270.00　175.00　47,250.00
Jany, Oliver　437.40　425.00　185,895.00
Jegher, Gion　16.40　700.00　11,480.00
Meili, Mark　57.55　600.00　34,530.00
Rashidi, Puya　24.00　175.00　4,200.00
Vomvoris, Eleonora　505.25　300.00　151,575.00
TOTAL　1,350.65　466,970.00

Case 22-50073 Doc 4970 Filed 01/15/26 Entered 01/15/26 13:39:19 Page 23 of 53
EXHIBIT C

Fee Detail
Details of invoice no. 201334-25-20

Invoice period: September 1, 2025 – September 30, 2025
Legal Fees

Date　Service　Name　VAT　Hours

01.09.2025　Internal discussion with EVS　OJY　0.00%　0.30
01.09.2025　Draft:　OJY　0.00%　0.55
01.09.2025　internal discussion with OJY　EVS　0.00%　0.30
01.09.2025　Internal Discussion with GJ　OJY　0.00%　0.50
01.09.2025　internal discussion with OJY　GJ　0.00%　0.50
01.09.2025　Internal Discussion with new trainee re research　OJY　0.00%　0.50
01.09.2025　Email (internal) re　OJY　0.00%　0.20
01.09.2025　Research re　OJY　0.00%　1.50
01.09.2025　Speaking Points re Update Calls Marxer　OJY　0.00%　2.55
01.09.2025　speaking points re call Liechtenstein　EVS　0.00%　0.75
01.09.2025　research re　EVS　0.00%　0.50
01.09.2025　research re　HIN　0.00%　1.50
01.09.2025　Internal discussion with OJY　HIN　0.00%　0.50
02.09.2025　work on　EVS　0.00%　2.65
02.09.2025　Preparation for Call with Marxer Liechtenstein　OJY　0.00%　0.60
02.09.2025　Call with Marxer re next steps with HA, GJ, MMA, EVS　OJY　0.00%　0.80
02.09.2025　Internal discussion re Marxer call with HA, MMA, EVS　OJY　0.00%　0.30
02.09.2025　Internal discussion with EVS re next steps　OJY　0.00%　0.30
02.09.2025　Internal discussion with GJ　OJY　0.00%　0.10
02.09.2025　Preparation, call law firm Marxer, Jochen Schreiber etc.　HA　0.00%　1.30
02.09.2025　Call Büro Marxer and Luc Despins　HA　0.00%　1.00
02.09.2025　Call with PH and Marxer　OJY　0.00%　0.70
02.09.2025　Internal discussion with HA, GJ, MMA EVS re Call　OJY　0.00%　0.30
02.09.2025　Call PH/Marxer　EVS　0.00%　0.70
02.09.2025　Call Marxer　EVS　0.00%　0.80
02.09.2025　internal discussion OJY re next steps　EVS　0.00%　0.30
02.09.2025　prep call Marxer/PH　EVS　0.00%　0.30
02.09.2025　internal discussion HA/MMA/GJ/OJY re call PH/Marxer　EVS　0.00%　0.30
02.09.2025　instruction and discussion HIN re　EVS　0.00%　1.00
02.09.2025　research re　HIN　0.00%　2.50
02.09.2025　Call with Marxer re next steps with HA, MMA, OJY, EVS　GJ　0.00%　0.80
02.09.2025　Preparation for Call with Marxer Liechtenstein　GJ　0.00%　0.70

02.09.2025　Call with PH and Marxer　GJ　0.00%　0.70

02.09.2025　Internal discussion with OJY　GJ　0.00%　0.10
02.09.2025　Review:　OJY　0.00%　0.55
02.09.2025　Internal discussion with HA re next steps　OJY　0.00%　0.40
02.09.2025　Internal discussion with EVS re next steps　OJY　0.00%　0.80
02.09.2025　Update　OJY　0.00%　0.70
02.09.2025　prepare call with Marxer re Liechtenstein proceedings　MMA　0.00%　0.30
02.09.2025　Call with PH and Marxer re Liechtenstein proceedings　MMA　0.00%　0.70
02.09.2025　Call Marxer re Liechtenstein proceedings　MMA　0.00%　0.80
02.09.2025　Internal discussion　HA　0.00%　0.40
02.09.2025　Internal discussion (MMA, OJY, EVS)　HA　0.00%　0.30
02.09.2025　Internal discussion (HA, OJY, EVS)　MMA　0.00%　0.30
03.09.2025　review draft
; message to OJY re same　GJ　0.00%　1.50
03.09.2025　Review: Data re　OJY　0.00%　1.20
03.09.2025　work on　EVS　0.00%　7.00
03.09.2025　Draft: Speaking Points re　OJY　0.00%　2.15
03.09.2025　Research re　OJY　0.00%　0.60
03.09.2025　Draft:　OJY　0.00%　1.45
03.09.2025　Review: Marxer's Submission　OJY　0.00%　2.60
03.09.2025　Call Luc/Alex/MMA/OJY　EVS　0.00%　0.30
03.09.2025　Call with Trustee　OJY　0.00%　0.30
03.09.2025　internal discussion with OJY re　GJ　0.00%　0.20
03.09.2025　Internal discussion with EVS　OJY　0.00%　1.20
03.09.2025　internal discussion　EVS　0.00%　1.20
03.09.2025　Conf. OJY re:　HA　0.00%　0.50
03.09.2025　Review　MMA　0.00%　0.20
03.09.2025　rev. data re　MMA　0.00%　0.30
03.09.2025　rev. draft　MMA　0.00%　0.30
03.09.2025　rev. files re　MMA　0.00%　0.30
03.09.2025　call PH re　MMA　0.00%　0.20
03.09.2025　review of　HIN　0.00%　2.00
03.09.2025　research re　HIN　0.00%　3.75
03.09.2025　internal discussion GJ re　OJY　0.00%　0.20
04.09.2025　work on
, rev. input PH　EVS　0.00%　8.25
04.09.2025　Internal discussion with EVS re　OJY　0.00%　1.20
04.09.2025　Preparation re　OJY　0.00%　2.00
04.09.2025　rev. e-mail re　EVS　0.00%　0.40
04.09.2025　Internal discussion with intern re　OJY　0.00%　0.05

04.09.2025　Draft:　OJY　0.00%　4.75

04.09.2025　Internal discussion with intern re　EVS　0.00%　0.30
04.09.2025　research re
and starting draft
memorandum　HIN　0.00%　5.00
04.09.2025　Internal discussion OJY re
and input
PH　EVS　0.00%　1.20
05.09.2025　prep.　MMA　0.00%　0.50
05.09.2025　conciliation hearing Kriens　MMA　0.00%　5.00
05.09.2025　Concilliation Proceeding　OJY　0.00%　5.00
05.09.2025　Draft: Email re　OJY　0.00%　0.30
05.09.2025　rev.　EVS　0.00%　3.60
05.09.2025　conciliation hearing Kriens　EVS　0.00%　5.00
05.09.2025　Preparation re Update Call　OJY　0.00%　0.30
05.09.2025　Update Call　OJY　0.00%　1.30
05.09.2025　Update Call PH/OJY　EVS　0.00%　1.30
05.09.2025　Internal discussion with EVS re Update Call and next
steps　OJY　0.00%　1.00
05.09.2025　Internal discussion OJY re update call PH　EVS　0.00%　1.00
05.09.2025　Draft: Internal Update Email re Update Call　OJY　0.00%　1.15
05.09.2025　draft memorandum re　HIN　0.00%　6.00
05.09.2025　emails re　GJ　0.00%　0.30
05.09.2025　prepare update call Paul Hastings　EVS　0.00%　0.60
05.09.2025　rev.　MMA　0.00%　1.50
08.09.2025　Internal discussion OJY re　EVS　0.00%　0.85
08.09.2025　Memorandum re　HIN　0.00%　4.25
08.09.2025　Internal Discussion with EVS re　OJY　0.00%　0.85
08.09.2025　work on　EVS　0.00%　6.25
08.09.2025　Email　OJY　0.00%　0.40
08.09.2025　Email　OJY　0.00%　0.20
08.09.2025　Update Call　OJY　0.00%　0.40
08.09.2025　Call with peace judge　OJY　0.00%　0.15
08.09.2025　Emails re　OJY　0.00%　0.55
08.09.2025　Conf. OJY, Tel.
,　HA　0.00%　0.70
08.09.2025　rev. minutes conciliation hearing　MMA　0.00%　0.10
08.09.2025　conf OJY re　MMA　0.00%　0.10
08.09.2025　Research re　HIN　0.00%　0.75
08.09.2025　Internal discussion with HA, EVS re next steps　OJY　0.00%　0.60
08.09.2025　Internal discussion HA, OJY re next steps　EVS　0.00%　0.60
08.09.2025　edit　EVS　0.00%　0.75
08.09.2025　email OJY/EVS re　MMA　0.00%　0.30
08.09.2025　call peace judge Kriens　EVS　0.00%　0.15

08.09.2025　Internal discussion with Team - next steps　HA　0.00%　0.60

09.09.2025　edit　EVS　0.00%　1.20
09.09.2025　work on memorandum re　HIN　0.00%　4.50
09.09.2025　Call with peace judge　OJY　0.00%　0.40
09.09.2025　work on　EVS　0.00%　1.55
09.09.2025　Internaldiscussion with EVS　OJY　0.00%　1.55
09.09.2025　Internal discussion with OJY　EVS　0.00%　0.55
09.09.2025　Email re Update Call　OJY　0.00%　0.40
09.09.2025　Update call Trustee　EVS　0.00%　0.20
09.09.2025　Update Call　OJY　0.00%　0.20
09.09.2025　Draft:　OJY　0.00%　0.50
09.09.2025　Call re　OJY　0.00%　0.50
09.09.2025　Call　EVS　0.00%　0.50
09.09.2025　internal discussion OJY re　EVS　0.00%　1.00
09.09.2025　Conf. OYY re. proceducral points, Call Lux and Alex re:
same　HA　0.00%　0.90
09.09.2025　Discussion with intern re　OJY　0.00%　0.30
09.09.2025　email OJY/EVS re　MMA　0.00%　0.20
10.09.2025　Draft:　OJY　0.00%　0.70
10.09.2025　draft　EVS　0.00%　4.10
10.09.2025　Internal Discussion with Chiara re　OJY　0.00%　1.00
10.09.2025　Draft:　OJY　0.00%　5.20
10.09.2025　draft
and internal
discussion with OJY thereof　HIN　0.00%　2.50
10.09.2025　work on memorandum re　HIN　0.00%　2.50
10.09.2025　rev. and discuss　EVS　0.00%　1.50
10.09.2025　Review:　OJY　0.00%　1.80
10.09.2025　Conf. OJY re:　HA　0.00%　0.30
10.09.2025　Call with
re　OJY　0.00%　0.30
10.09.2025　rev.　MMA　0.00%　0.20
11.09.2025　Review:　OJY　0.00%　0.40
11.09.2025　E-Mail re　OJY　0.00%　0.30
11.09.2025　Internal discussion with HA re　OJY　0.00%　0.20
11.09.2025　Internal discussion with EVS re next steps　OJY　0.00%　0.20
11.09.2025　Draft:　OJY　0.00%　4.85
11.09.2025　internal discussion OJY　EVS　0.00%　0.20
11.09.2025　rev.　EVS　0.00%　0.50
11.09.2025　rev. email OJY re　MMA　0.00%　0.10
11.09.2025　Email: re　OJY　0.00%　0.55
11.09.2025　- discussion OJY　HA　0.00%　0.20

12.09.2025　draft　EVS　0.00%　2.90

12.09.2025　Email: re　OJY　0.00%　0.70
12.09.2025　Draft:　OJY　0.00%　3.20
12.09.2025　Legal Research re　OJY　0.00%　0.90
12.09.2025　Email to Marxer re submission　OJY　0.00%　0.30
12.09.2025　Internal discussion OJY re workstreams　EVS　0.00%　0.60
12.09.2025　Internal discussion with EVS re next steps　OJY　0.00%　0.60
12.09.2025　review apostille documents　EVS　0.00%　0.45
12.09.2025　Review: Apostilled documents　OJY　0.00%　0.40
15.09.2025　research re　HIN　0.00%　2.15
15.09.2025　review　EVS　0.00%　4.75
15.09.2025　create a list of　HIN　0.00%　0.40
15.09.2025　quick research re　HIN　0.00%　0.25
15.09.2025　e-mail to Luc and Alex　EVS　0.00%　0.50
15.09.2025　research re　EVS　0.00%　1.85
15.09.2025　internal discussion HA re　EVS　0.00%　0.45
15.09.2025　internal discussion MMA re　EVS　0.00%　0.40
15.09.2025　conf EVS re　MMA　0.00%　0.30
15.09.2025　email Luc and Alex re　MMA　0.00%　0.30
15.09.2025　Internal discussion / EVS　HA　0.00%　0.45
15.09.2025　Internal discussion EVS　MMA　0.00%　0.40
16.09.2025　rev.　MMA　0.00%　0.20
16.09.2025　research re　HIN　0.00%　3.65
16.09.2025　emails Luc re　MMA　0.00%　0.30
16.09.2025　rol re　MMA　0.00%　0.30
16.09.2025　rev.
, Call　HA　0.00%　1.90
16.09.2025　Call　MMA　0.00%　0.40
16.09.2025　review　MMA　0.00%　2.00
16.09.2025　Call　EVS　0.00%　0.40
16.09.2025　various E-Mails with PH　EVS　0.00%　0.50
16.09.2025　rev.　EVS　0.00%　1.80
17.09.2025　rev.　EVS　0.00%　1.00
17.09.2025　draft　EVS　0.00%　4.00
17.09.2025　research re
and internal discussion
EVS　HIN　0.00%　3.50
17.09.2025　Call Luc/Alex/MMA/HA re　EVS　0.00%　0.40
17.09.2025　rev.
, Call Luc re:
, and
Update call Prager Dreifuss/Paul Hastings　HA　0.00%　2.70

17.09.2025　Call　HA　0.00%　0.30

17.09.2025　research re
; e-mail to
team　EVS　0.00%　2.00
17.09.2025　prep. call Luc and Alex re　MMA　0.00%　0.50
17.09.2025　Call Luc and Alex re　MMA　0.00%　0.40
17.09.2025　Call　MMA　0.00%　0.30
17.09.2025　email Alex re　MMA　0.00%　0.10
17.09.2025　Call　EVS　0.00%　0.30
17.09.2025　prep. call Luc　EVS　0.00%　0.50
17.09.2025　Internal Call with EVS re Update　OJY　0.00%　0.50
17.09.2025　Call Luc/Alex/MMA/EVS - re　HA　0.00%　0.40
18.09.2025　draft　EVS　0.00%　2.95
18.09.2025　work on　HIN　0.00%　0.65
18.09.2025　research re　EVS　0.00%　0.95
18.09.2025　rev.
, Call Gerichtspräsident Kriens,
Call　HA　0.00%　1.90
18.09.2025　Call Alex and Luyi re　EVS　0.00%　0.50
18.09.2025　rev. analysis EVS re　MMA　0.00%　0.30
18.09.2025　Call court re　MMA　0.00%　0.20
18.09.2025　Call　MMA　0.00%　0.50
18.09.2025　draft　HIN　0.00%　1.50
18.09.2025　Call Alex and Luyi re　MMA　0.00%　0.50
18.09.2025　Call　EVS　0.00%　0.50
18.09.2025　Call District Court re　EVS　0.00%　0.20
18.09.2025　draft brief re　EVS　0.00%　1.50
18.09.2025　draft　EVS　0.00%　2.05
19.09.2025　Draft　EVS　0.00%　7.00
19.09.2025　rev.　MMA　0.00%　1.00
19.09.2025　prepare　HIN　0.00%　0.30
20.09.2025　Review: E-Mails from the week　OJY　0.00%　1.20
22.09.2025　Internal discussion with EVS re Update　OJY　0.00%　1.00
22.09.2025　Review:　OJY　0.00%　4.55
22.09.2025　Review:　OJY　0.00%　1.00
22.09.2025　Internal discussion with OJY re update　EVS　0.00%　1.00
22.09.2025　work on　HIN　0.00%　4.00
22.09.2025　Draft:　OJY　0.00%　1.05
22.09.2025　Call Paul Hastings and PD　EVS　0.00%　0.40
22.09.2025　Call Marxer&Partner, Call Luc and Marxer, Debrief Team　HA　0.00%　1.00
22.09.2025　rev. law on　HA　0.00%　0.70
22.09.2025　Call: Marxer and PD　OJY　0.00%　0.30

22.09.2025　Call: PH, Marxer, and PD　OJY　0.00%　0.80

22.09.2025　research re　HIN　0.00%　2.30
22.09.2025　Research discussion with intern re　OJY　0.00%　0.45
22.09.2025　Call: Marxer and PD　MMA　0.00%　0.30
22.09.2025　Call: PH, Marxer, and PD　MMA　0.00%　0.80
22.09.2025　rev. updated brief re　MMA　0.00%　0.40
22.09.2025　Call with PH and PD re　OJY　0.00%　0.40
22.09.2025　Call Luc and Alex re:　HA　0.00%　0.50
22.09.2025　Call Marxer and PD　EVS　0.00%　0.30
22.09.2025　Call Marxer, Paul Hastings, PD　EVS　0.00%　0.80
22.09.2025　work on　EVS　0.00%　1.75
22.09.2025　Call with PH and PD re　MMA　0.00%　0.40
22.09.2025　review emails; conf OJY　GJ　0.00%　0.30
23.09.2025　Review:　OJY　0.00%　3.10
23.09.2025　draft memo re
internal discussion OJY　HIN　0.00%　7.75
23.09.2025　research re　EVS　0.00%　1.00
23.09.2025　Internal discussion re research with Chiara　OJY　0.00%　1.60
23.09.2025　Draft: Request to　OJY　0.00%　0.35
23.09.2025　Review: Marxer's letter to Counsel　OJY　0.00%　0.25
23.09.2025　Draft:　OJY　0.00%　4.00
23.09.2025　final review of　MMA　0.00%　0.40
23.09.2025　rev. draft　MMA　0.00%　0.20
23.09.2025　rev.　EVS　0.00%　0.20
24.09.2025　Draft:　OJY　0.00%　0.45
24.09.2025　draft memo re
internal discussion OJY　HIN　0.00%　8.75
24.09.2025　reserach re　EVS　0.00%　1.00
24.09.2025　Draft:　OJY　0.00%　6.60
24.09.2025　Execute　MMA　0.00%　0.20
24.09.2025　Internal discussions with EVS re　OJY　0.00%　1.20
24.09.2025　Internal discussions OJY re　EVS　0.00%　1.20
25.09.2025　draft memo re
; internal
discussion OJY　HIN　0.00%　5.30
25.09.2025　Draft:　OJY　0.00%　6.05
25.09.2025　Call with　OJY　0.00%　0.60
25.09.2025　Draft:　OJY　0.00%　0.20
25.09.2025　Call with　EVS　0.00%　0.60
25.09.2025　Draft: Email re　OJY　0.00%　0.70
25.09.2025　Review: Draft Memo re　OJY　0.00%　1.10
25.09.2025　Work on　EVS　0.00%　2.75

25.09.2025　Internal discussion with EVS　OJY　0.00%　1.50

25.09.2025　Internal discussion OJY　EVS　0.00%　1.50
25.09.2025　Email re　OJY　0.00%　0.20
25.09.2025　Call with Luyi re　EVS　0.00%　0.50
25.09.2025　prep. and call
, debrief PD team　HA　0.00%　1.10
25.09.2025　Call with　MMA　0.00%　0.60
26.09.2025　Draft:　OJY　0.00%　4.75
26.09.2025　review draft memo re　HIN　0.00%　4.00
26.09.2025　Internal discussion with GJ re　OJY　0.00%　0.60
26.09.2025　Research re options to　OJY　0.00%　1.70
26.09.2025　work on　EVS　0.00%　1.50
26.09.2025　Update Call : re　OJY　0.00%　0.05
26.09.2025　Conf. OJY, prep and Call Luc, rev.
, rev.　HA　0.00%　2.10
26.09.2025　Internal Discussion with EVS re next steps　OJY　0.00%　0.80
26.09.2025　Internal discussion OJY re next steps　EVS　0.00%　0.80
26.09.2025　rev.　EVS　0.00%　0.15
26.09.2025　rev.　MMA　0.00%　0.15
27.09.2025　Draft:　OJY　0.00%　4.20
29.09.2025　work on memo re　HIN　0.00%　7.80
29.09.2025　Draft:　OJY　0.00%　7.90
29.09.2025　Draft　EVS　0.00%　2.00
30.09.2025　work on　EVS　0.00%　2.20
30.09.2025　edit and revise memo re　HIN　0.00%　7.00
30.09.2025　Review: Memo re　OJY　0.00%　3.80
30.09.2025　Draft:　OJY　0.00%　5.45
30.09.2025　Internal discussion with EVS re next steps　OJY　0.00%　0.60
30.09.2025　research re　EVS　0.00%　2.00
30.09.2025　internal discussion OJY re next steps　EVS　0.00%　0.60

Total excl. VAT 396.60
Expenses

Date　Text　VAT　Amount CHF

05.09.2025　mileage expenses drive to concillation hearing Kriens and back　0.00%　86.40
05.09.2025　mileage expenses drive to concillation hearing Kriens and back　0.00%　115.20
03.10.2025　Disbursements　0.00%　2'852.40
Total excl. VAT 3'054.00

Provider　Hours　Rate CHF　Amount CHF

Hayek, Daniel　19.25　800.00　15'400.00
Hinze, Chiara　95.05　175.00　16'633.75
Jany, Oliver　136.00　425.00　57'800.00
Jegher, Gion　5.10　700.00　3'570.00
Meili, Mark　22.85　600.00　13'710.00
Vomvoris, Eleonora　118.35　300.00　35'505.00
396.60　359.60　142'618.75
Details of invoice no. 201334-25-21

Invoice period: October 1, 2025 – October 31, 2025
Legal Fees

Date　Service　Name　VAT　Hours

01.10.2025　work on　EVS　0.00%　2.00
01.10.2025　continue research and work on memo re　HIN　0.00%　6.20
01.10.2025　Preparation re internal discussion re　OJY　0.00%　0.60
01.10.2025　Internal discussion re　OJY　0.00%　0.40
01.10.2025　Internal discussion with EVS re next steps　OJY　0.00%　0.35
01.10.2025　E-Mail to Marxer re next steps　OJY　0.00%　2.35
01.10.2025　Call with　EVS　0.00%　0.40
01.10.2025　Call with　OJY　0.00%　0.40
01.10.2025　Internal discussion re　MMA　0.00%　0.40
01.10.2025　rev. memo re　EVS　0.00%　1.00
01.10.2025　Internal discussion re　HIN　0.00%　0.40
01.10.2025　rev. email OJY re　MMA　0.00%　0.20
01.10.2025　E-Mail to Marxer re next steps　EVS　0.00%　0.50
01.10.2025　Draft:　OJY　0.00%　5.10
01.10.2025　conf. GJ, MMA EVS, OJY re:　HA　0.00%　0.40
01.10.2025　internal discussion OJY re Liechtenstein　EVS　0.00%　0.35
01.10.2025　internal discussion HA, MMA, GJ re bearer　EVS　0.00%　0.40
01.10.2025　Update E-Mail to Luyi　EVS　0.00%　0.75
01.10.2025　rev.　HA　0.00%　0.70
01.10.2025　internal discussion HA, MMA, EVS re　GJ　0.00%　0.40
02.10.2025　work on research and memo re　HIN　0.00%　5.80
02.10.2025　work on　EVS　0.00%　3.95
02.10.2025　coordinate Call with Marxer　EVS　0.00%　0.40
02.10.2025　study email of
and study
of file and legal research regarding　GJ　0.00%　1.80
02.10.2025　rev.　EVS　0.00%　1.20
02.10.2025　Call with Marxer (and HA, MMA, GJ, HIN)　EVS　0.00%　1.00
02.10.2025　call with Liechtenstein lawyers; prepare same　GJ　0.00%　1.00
02.10.2025　Call with Liechtenstein lawyers　HIN　0.00%　1.00
02.10.2025　call with Liechtenstein lawyers　MMA　0.00%　1.00

02.10.2025　Call Liechtenstein Lawyers, E-mails　HA　0.00%　1.00

02.10.2025　Call Luc re: Liechtenstein　HA　0.00%　0.70
03.10.2025　work on research and memo re　HIN　0.00%　3.00
03.10.2025　Draft　EVS　0.00%　4.90
03.10.2025　draft　HIN　0.00%　3.40
03.10.2025　rev. emails re　MMA　0.00%　0.25
03.10.2025　conf EVS re　MMA　0.00%　0.20
03.10.2025　Draft　EVS　0.00%　2.60
03.10.2025　E-Mails Luc　HA　0.00%　0.50
03.10.2025　rev. e-mail Marxer and draft answer　EVS　0.00%　1.00
03.10.2025　conf MMA re　EVS　0.00%　0.20
04.10.2025　Review: Emails　OJY　0.00%　0.30
06.10.2025　draft　EVS　0.00%　6.55
06.10.2025　work on research and memo re　HIN　0.00%　5.80
06.10.2025　draft　EVS　0.00%　1.80
06.10.2025　search precedent　HIN　0.00%　1.00
06.10.2025　rev. letter　MMA　0.00%　0.25
06.10.2025　email to Liechtenstein lawyers re　MMA　0.00%　0.50
07.10.2025　draft　EVS　0.00%　4.80
07.10.2025　work on research and memo re　HIN　0.00%　4.00
07.10.2025　draft　EVS　0.00%　1.70
07.10.2025　Research re　HIN　0.00%　1.20
07.10.2025　review　EVS　0.00%　0.95
07.10.2025　rev. draft reply letter to　MMA　0.00%　0.30
07.10.2025　conf EVS re reply letter to　MMA　0.00%　0.10
07.10.2025　work on draft　HIN　0.00%　0.90
07.10.2025　review　MMA　0.00%　0.80
07.10.2025　rev. E-Mail from Marxer / answer E-Mail　EVS　0.00%　0.50
07.10.2025　rev. e-Mail Luyi and call Luyi re　EVS　0.00%　0.80
07.10.2025　email Luyi re　MMA　0.00%　0.30
07.10.2025　conf. MMA re reply to　EVS　0.00%　0.10
08.10.2025　draft　EVS　0.00%　8.55
08.10.2025　work on draft　HIN　0.00%　2.00
08.10.2025　rev.
- comments MMA　EVS　0.00%　0.70
08.10.2025　further review of　MMA　0.00%　0.40
08.10.2025　email Luc and Alex re　MMA　0.00%　0.20
09.10.2025　work on　EVS　0.00%　7.65
09.10.2025　work on draft　HIN　0.00%　3.60

15.10.2025　rev. email Marxer re　MMA　0.00%　0.20

15.10.2025　rev. Marxer e-mail re　EVS　0.00%　0.50
16.10.2025　draft
, input PH　EVS　0.00%　8.15
16.10.2025　draft
, incorporate input PH　HIN　0.00%　8.10
16.10.2025　E-Mails to PH team　EVS　0.00%　0.40
16.10.2025　Call Alex, Luyi, Douglass, MMA　EVS　0.00%　0.50
16.10.2025　Call Paul Hastings re　MMA　0.00%　0.50
16.10.2025　E-Mail to　EVS　0.00%　0.40
16.10.2025　Call Luyi and Douglass　EVS　0.00%　0.40
17.10.2025　draft
, incorporate input PH　HIN　0.00%　8.00
17.10.2025　draft
/ incorporate feedback PH　EVS　0.00%　7.85
17.10.2025　Call
; research re　EVS　0.00%　0.50
17.10.2025　review machine translation of　EVS　0.00%　1.95
17.10.2025　rev.　MMA　0.00%　1.20
17.10.2025　email EVS re　MMA　0.00%　0.20
17.10.2025　e-mail feedback from MMA　EVS　0.00%　0.45
17.10.2025　E-mail to PH team　EVS　0.00%　0.40
17.10.2025　rev. revised
and e-mail to MMA　EVS　0.00%　0.90
17.10.2025　e-mail to Vantage and PH re revised　EVS　0.00%　0.20
18.10.2025　rev.
feedback OJY　EVS　0.00%　2.30
18.10.2025　Review:　OJY　0.00%　6.30
19.10.2025　draft
- incoporate feedback PH and
PD　EVS　0.00%　6.30
19.10.2025　review
; mark-up; internal email re
same　GJ　0.00%　2.50
19.10.2025　Internal discussion re Draft
with
EVS　OJY　0.00%　0.80
19.10.2025　emails EVS re　MMA　0.00%　0.20
19.10.2025　internal discussion re Draft
with
OJY　EVS　0.00%　0.80
19.10.2025　E-Mail to team re status　EVS　0.00%　0.20
19.10.2025　rev. draft submission　HA　0.00%　3.70
20.10.2025　rev. draft
, final review　EVS　0.00%　7.80
20.10.2025　Draft:　OJY　0.00%　8.95
20.10.2025　final review　MMA　0.00%　2.00
20.10.2025　review　HIN　0.00%　2.50
20.10.2025　file draft
(post office)　EVS　0.00%　0.50
20.10.2025　Review Final Version　HA　0.00%　2.40
20.10.2025　Conf. OJY, MMA, EVS re final version　HA　0.00%　0.50
20.10.2025　Conf. HA, OJY, EVS re final version　MMA　0.00%　0.50
20.10.2025　Conf. HA, OJY, MMA re final version　EVS　0.00%　0.50

20.10.2025　Conf. HA, MMA, EVS re final version　OJY　0.00%　0.50

21.10.2025　work on　EVS　0.00%　2.40
21.10.2025　rev. brief　MMA　0.00%　0.10
21.10.2025　Review:　OJY　0.00%　0.30
21.10.2025　Internal discussion with EVS re next steps　OJY　0.00%　0.30
21.10.2025　internal discussion with OJY re next steps　EVS　0.00%　0.30
22.10.2025　rev.　EVS　0.00%　0.40
22.10.2025　rev. Liechtenstein options and e-mail to Marxer　EVS　0.00%　1.80
22.10.2025　rev.　HA　0.00%　0.50
22.10.2025　Review: Memo re　OJY　0.00%　0.40
23.10.2025　E-Mail to Marxer and PH re calls　EVS　0.00%　0.40
23.10.2025　research re　HIN　0.00%　2.30
23.10.2025　work on　EVS　0.00%　4.25
23.10.2025　Review: Marxer's Legal Memo on　OJY　0.00%　2.20
23.10.2025　Call: with Marxer re Legal Memo　OJY　0.00%　0.40
23.10.2025　rev. Marxer Memo on　EVS　0.00%　0.90
23.10.2025　Call Marxer re Memo　HIN　0.00%　0.30
23.10.2025　Speaking Points re Update Call　OJY　0.00%　0.50
23.10.2025　Internal discussions with EVS re Calls　OJY　0.00%　0.60
23.10.2025　Call Marxer re Memo　EVS　0.00%　0.40
23.10.2025　Internal discussions OJY re Calls Marxer and PH　EVS　0.00%　0.60
23.10.2025　call Marxer re memo　MMA　0.00%　0.40
23.10.2025　rev. memo re:
, Call
Marxer re: same　HA　0.00%　1.10
23.10.2025　prepare for call with Marxer and PH　EVS　0.00%　0.40
23.10.2025　internal discussion OJY re next steps　EVS　0.00%　0.30
23.10.2025　Update Call Marxer and PH　EVS　0.00%　0.40
23.10.2025　Call: With PH, PD and Marxer　OJY　0.00%　0.40
23.10.2025　Call Marxer and PH　HIN　0.00%　0.40
23.10.2025　Update Call Marxer and PH　MMA　0.00%　0.40
23.10.2025　prep. call Marxer re memo　MMA　0.00%　0.30
23.10.2025　Internal discussion EVS re next steps　OJY　0.00%　0.30
24.10.2025　Draft:　OJY　0.00%　4.70
24.10.2025　draft　EVS　0.00%　5.10
24.10.2025　review and amend draft　HIN　0.00%　2.00
27.10.2025　Draft:　OJY　0.00%　4.35
27.10.2025　draft　EVS　0.00%　6.80
27.10.2025　Draft:　OJY　0.00%　3.60
27.10.2025　Internal discussion OJY re Memorandum　HIN　0.00%　0.50

27.10.2025　Internal discussion with Chiara re Memorandum　OJY　0.00%　0.50

27.10.2025　work on draft Memo re　HIN　0.00%　2.30
28.10.2025　Review: Question re　OJY　0.00%　0.30
28.10.2025　Draft:　OJY　0.00%　5.95
28.10.2025　Email to　OJY　0.00%　0.55
28.10.2025　Research re　RPU　0.00%　1.00
28.10.2025　work on draft Memo re　HIN　0.00%　4.40
28.10.2025　conf OJY re　MMA　0.00%　0.20
28.10.2025　Call Gr　HA　0.00%　0.50
28.10.2025　Draft: Memo re　OJY　0.00%　0.65
28.10.2025　Conf MMA re　OJY　0.00%　0.20
29.10.2025　Draft:　OJY　0.00%　2.60
29.10.2025　draft　EVS　0.00%　2.55
29.10.2025　Internal discussions with EVS re next steps　OJY　0.00%　1.50
29.10.2025　Call: District Court　OJY　0.00%　0.20
29.10.2025　internal discussion OJY re next steps　EVS　0.00%　1.50
29.10.2025　review draft　EVS　0.00%　4.50
29.10.2025　Draft: Memo re　OJY　0.00%　4.00
29.10.2025　rev. response　MMA　0.00%　0.20
29.10.2025　work on draft Memo re Mortgages　HIN　0.00%　0.90
30.10.2025　draft　EVS　0.00%　6.00
30.10.2025　Memo: re　OJY　0.00%　6.00
30.10.2025　work on draft Memo re　HIN　0.00%　5.50
30.10.2025　review new documents from PH　EVS　0.00%　0.65
31.10.2025　work on draft Memo re　HIN　0.00%　1.30
31.10.2025　draft　EVS　0.00%　3.40
31.10.2025　Draft: Memo re　OJY　0.00%　2.75
31.10.2025　Draft:　OJY　0.00%　2.00
31.10.2025　Call Luyi re update　EVS　0.00%　0.50
31.10.2025　Call with Paul Hastings regarding　OJY　0.00%　0.50
31.10.2025　rev. memo re　EVS　0.00%　2.85

Total excl. VAT 372.25
Expenses

Total excl. VAT　2'462.50

06.11.2025　Disbursements　0.00%　2'462.50
Date　Text　VAT　Amount CHF

Provider　Hours　Rate CHF　Amount CHF

Hayek, Daniel　12.00　800.00　9'600.00
Hinze, Chiara　92.00　175.00　16'100.00
Jany, Oliver　71.80　425.00　30'515.00
Jegher, Gion　5.70　700.00　3'990.00
Meili, Mark　19.40　600.00　11'640.00
Rashidi, Puya　1.00　175.00　175.00
Vomvoris, Eleonora　170.35　300.00　51'105.00
372.25　330.75　123'125.00
Details of invoice no. 201334-25-22

Invoice period: October 1, 2025 – October 31, 2025
Expenses

Date　Text　VAT　Amount CHF

01.10.2025　Invoice　- research Switzerland　0.00%　20'000.00
27.10.2025　Invoice from
(USD 10'500)　- Invoice Nr.　0.00%　8'606.73

Total excl. VAT 28'606.75
Details of invoice no. 201334-25-23

Invoice period: September 15, 2025 – November 30, 2025
Legal Fees

Date　Service　Name　VAT　Hours

03.11.2025　Research:　OJY　0.00%　3.25
03.11.2025　Review:　OJY　0.00%　3.40
03.11.2025　Call:　OJY　0.00%　0.20
03.11.2025　Research: Options regarding　OJY　0.00%　2.20
03.11.2025　Conf. OJY re　RPU　0.00%　0.50
03.11.2025　Internal discussion with internal litigation team re　OJY　0.00%　0.60
04.11.2025　Review:　OJY　0.00%　6.25
04.11.2025　internal discussion OJY re work streams　EVS　0.00%　0.50
04.11.2025　Draft　EVS　0.00%　6.75
04.11.2025　Draft: Memo re　OJY　0.00%　0.90
04.11.2025　Research re　RPU　0.00%　0.50
04.11.2025　rev. and comment m
, Conf.
OJY, MMA　HA　0.00%　2.90
04.11.2025　E-Mail re Memo re　OJY　0.00%　0.65
04.11.2025　Rev. memo re　EVS　0.00%　0.45
04.11.2025　rev. memo re　MMA　0.00%　2.00
04.11.2025　conf OJY re　MMA　0.00%　0.20
04.11.2025　Internal discussion EVS - re work streams　OJY　0.00%　0.50
05.11.2025　Draft　EVS　0.00%　7.55
05.11.2025　Call with　OJY　0.00%　0.25
05.11.2025　Draft Memo re　OJY　0.00%　1.50
06.11.2025　draft　EVS　0.00%　7.00
06.11.2025　Draft　OJY　0.00%　5.45
06.11.2025　rev. and send Memo　HA　0.00%　0.70
07.11.2025　draft　EVS　0.00%　9.25
07.11.2025　Review draft　HIN　0.00%　7.00
07.11.2025　Review: Draft　OJY　0.00%　2.15
07.11.2025　e-mail to PH team re draft　EVS　0.00%　0.20
10.11.2025　rev.　EVS　0.00%　0.10
10.11.2025　draft　EVS　0.00%　4.05
10.11.2025　Internal discussion with EVS re next steps　OJY　0.00%　0.20

10.11.2025　rev. US law documents provided by PH　EVS　0.00%　2.00

10.11.2025　Research re　OJY　0.00%　1.75
10.11.2025　Review:　OJY　0.00%　1.20
10.11.2025　emails OJY/EVS re　MMA　0.00%　0.20
10.11.2025　call Guo Qiang's lawyer re　MMA　0.00%　0.30
10.11.2025　Internal discussion with OJY re next steps　EVS　0.00%　0.20
11.11.2025　draft　EVS　0.00%　4.00
11.11.2025　Internal discussion with EVS re　OJY　0.00%　1.00
11.11.2025　Review:　OJY　0.00%　5.40
11.11.2025　internal discussion OJY re　EVS　0.00%　1.00
11.11.2025　Review draft　HIN　0.00%　0.80
12.11.2025　draft　EVS　0.00%　3.25
12.11.2025　Review:　OJY　0.00%　2.70
12.11.2025　rev.　EVS　0.00%　2.00
12.11.2025　Email re Update Call re　OJY　0.00%　0.20
12.11.2025　Preparation for Update Call　OJY　0.00%　1.45
12.11.2025　rev. memo re　EVS　0.00%　1.90
12.11.2025　Review Memo re　HIN　0.00%　0.50
12.11.2025　Update Call re Memo re　OJY　0.00%　0.65
12.11.2025　Update Call re Memo　HIN　0.00%　0.65
12.11.2025　Legal Research re　OJY　0.00%　0.90
12.11.2025　Internal discussion OJY/EVS re Update Call re Memo　HIN　0.00%　0.50
12.11.2025　prep. call Paul Hastings re　MMA　0.00%　0.50
12.11.2025　call Paul Hastings re　MMA　0.00%　0.60
13.11.2025　research re　EVS　0.00%　2.95
13.11.2025　legal research re　HIN　0.00%　6.40
13.11.2025　Internal discussion with EVS re　OJY　0.00%　0.95
13.11.2025　internal discussion OJY re　EVS　0.00%　0.95
13.11.2025　draft　EVS　0.00%　0.85
13.11.2025　Internal discussion with Chiara re Memo re　OJY　0.00%　0.20
13.11.2025　internal discussion OJY re Memo re　HIN　0.00%　0.20
13.11.2025　Research re potential next steps re　OJY　0.00%　1.10
13.11.2025　review draft of memo re
; conf OJY
re memo re　GJ　0.00%　0.80
14.11.2025　Work on legal research and Memo re　HIN　0.00%　2.50
14.11.2025　Legal Research re　OJY　0.00%　2.35
14.11.2025　Draft Memo re　OJY　0.00%　1.30
14.11.2025　Email to Alex B. re next steps　OJY　0.00%　0.20
14.11.2025　rev. draft　EVS　0.00%　3.00

15.11.2025　Research re　OJY　0.00%　2.80

17.11.2025　Draft: Memorandum　OJY　0.00%　5.50
17.11.2025　Research re　HIN　0.00%　1.60
17.11.2025　Emails: re Update Call　OJY　0.00%　0.25
17.11.2025　email Guo Qiang's lawyer re　MMA　0.00%　0.20
17.11.2025　Legal Review:　OJY　0.00%　0.60
18.11.2025　Legal Research re　OJY　0.00%　1.20
18.11.2025　research re
and review memo　EVS　0.00%　2.45
18.11.2025　Draft: Speaking Points re Update Call　OJY　0.00%　0.70
18.11.2025　Email to Marxer re legal questions　OJY　0.00%　0.20
18.11.2025　draft　EVS　0.00%　2.00
18.11.2025　Internal Discussion re Call with HA, GJ, MMA, EVS, HIN　OJY　0.00%　0.50
18.11.2025　Update call　OJY　0.00%　0.50
18.11.2025　rev. amended memo re　MMA　0.00%　0.80
18.11.2025　internal discussion re　MMA　0.00%　0.50
18.11.2025　Call Paul Hastings re　MMA　0.00%　0.50
18.11.2025　internal discussion with HA, GJ, MMA, OJY, EVS re call　HIN　0.00%　0.50
18.11.2025　update call Paul Hastings re　HIN　0.00%　0.50
18.11.2025　rev. memo
conf. OJY
re: same　HA　0.00%　1.30
18.11.2025　prep and discussion team re: options　HA　0.00%　0.70
18.11.2025　Call Luc Despins　HA　0.00%　0.50
18.11.2025　update call PaulHastings　EVS　0.00%　0.50
18.11.2025　internal discussion HA, MMA, GJ, OJY, HIN　EVS　0.00%　0.50
18.11.2025　conf OJY re update and
; discussion
team re options　GJ　0.00%　1.50
18.11.2025　update call with Paul Hastings regarding status of the
various proceedings and options regarding　GJ　0.00%　0.50
19.11.2025　Review Memo re　HIN　0.00%　2.50
19.11.2025　draft
/ review claim　EVS　0.00%　6.10
19.11.2025　Review draft　HIN　0.00%　3.40
19.11.2025　Legal Research re　OJY　0.00%　2.65
19.11.2025　legal research re　EVS　0.00%　1.75
20.11.2025　Review draft　HIN　0.00%　1.20
20.11.2025　Review: Memo re　OJY　0.00%　0.50
20.11.2025　Legal Research re　OJY　0.00%　0.60
20.11.2025　rev. updated memo re　EVS　0.00%　1.15
20.11.2025　rev. draft　EVS　0.00%　5.75
20.11.2025　Call:　OJY　0.00%　0.25
20.11.2025　Legal Research Memo re　HIN　0.00%　5.00

20.11.2025　Draft:　OJY　0.00%　1.50

20.11.2025　draft　EVS　0.00%　1.20
20.11.2025　Review: Comments re　OJY　0.00%　0.15
20.11.2025　Finalise Memo re　OJY　0.00%　1.40
21.11.2025　legal research re　HIN　0.00%　1.00
21.11.2025　call justice of the peace re　MMA　0.00%　0.30
24.11.2025　Finalization Draft Memo re　OJY　0.00%　1.80
24.11.2025　Draft　EVS　0.00%　4.30
24.11.2025　Draft:　OJY　0.00%　0.55
24.11.2025　Review draft　HIN　0.00%　1.90
24.11.2025　E-Mail to Marxer re Update　OJY　0.00%　0.20
24.11.2025　rev. order justice of the peace order re　MMA　0.00%　0.10
24.11.2025　E-Mails to Alex B. re calls　OJY　0.00%　0.20
25.11.2025　review　EVS　0.00%　2.00
25.11.2025　Internal discussion with EVS re　OJY　0.00%　0.40
25.11.2025　Review:　OJY　0.00%　1.70
25.11.2025　rev. update PH regarding　MMA　0.00%　0.25
25.11.2025　Draft:　OJY　0.00%　1.95
25.11.2025　Draft　EVS　0.00%　2.80
25.11.2025　Legal Research re　OJY　0.00%　1.05
25.11.2025　Preparation for Update call re　OJY　0.00%　0.10
25.11.2025　Update Call re Memo with PH　OJY　0.00%　0.85
25.11.2025　research re　EVS　0.00%　1.25
25.11.2025　Draft: Memo re　OJY　0.00%　3.25
25.11.2025　Update Call re Memo　HIN　0.00%　0.80
25.11.2025　conf. OJY/EVS re update call　HIN　0.00%　0.50
25.11.2025　Update Call re Memo
with PH　MMA　0.00%　0.85
25.11.2025　Update call PaulHastings re Memo　EVS　0.00%　0.85
25.11.2025　internal discussion OJY re　EVS　0.00%　0.40
25.11.2025　rev. e-mail re　EVS　0.00%　0.80
26.11.2025　Draft: Memo re　OJY　0.00%　3.45
26.11.2025　Internal Call with OJY re Memo　EVS　0.00%　2.85
26.11.2025　Internal Call with EVS re Memo re　OJY　0.00%　2.25
26.11.2025　research re　EVS　0.00%　3.95
26.11.2025　rev.
memo　EVS　0.00%　0.55
26.11.2025　Legal Research re　OJY　0.00%　1.70
27.11.2025　research re　EVS　0.00%　2.90
27.11.2025　Call: Marxer re Memo re　OJY　0.00%　0.30
27.11.2025　Draft: Email re Marxer　OJY　0.00%　1.00
27.11.2025　Call　EVS　0.00%　0.30
Expenses

Total excl. VAT　1'840.45

04.12.2025　Disbursements　0.00%　1'840.45
Date　Text　VAT　Amount CHF

Provider　Hours　Rate CHF　Amount CHF

Hayek, Daniel　6.10　800.00　4'880.00
Hinze, Chiara　39.15　175.00　6'851.25
Jany, Oliver　96.05　425.00　40'821.25
Jegher, Gion　2.80　700.00　1'960.00
Meili, Mark　8.00　600.00　4'800.00
Rashidi, Puya　1.00　175.00　175.00
Vomvoris, Eleonora　108.45　300.00　32'535.00
261.55　351.85　92'022.50
Details of invoice no. 201334-25-24

Invoice period: November 30, 2025 – November 30, 2025
Expenses

Date　Text　VAT　Amount CHF

30.11.2025　(Invoice date: 15. September 2025)　0.00%　15'000.00

Total excl. VAT 15'000.00
Details of invoice no. 201334-26-01

Invoice period: December 1, 2025 – December 31, 2025
Legal Fees

Date　Service　Name　VAT　Hours

01.12.2025　Legal Research re　HIN　0.00%　1.60
01.12.2025　Draft　EVS　0.00%　3.05
01.12.2025　Legal Research re　OJY　0.00%　1.35
01.12.2025　Draft: Memo re　OJY　0.00%　1.85
01.12.2025　Draft: Update E-Mail re　OJY　0.00%　1.40
01.12.2025　Legal research re　EVS　0.00%　1.80
01.12.2025　Internal Legal Discussion with EVS re　OJY　0.00%　0.50
01.12.2025　Review -　EVS　0.00%　2.20
01.12.2025　Review: Update from Marxer re　OJY　0.00%　2.80
01.12.2025　Internal legal discussion OJY re　EVS　0.00%　0.50
01.12.2025　amend draft email to client re status of Swiss proceedings　MMA　0.00%　0.70
02.12.2025　Draft email re Update in Switzerland　OJY　0.00%　1.05
02.12.2025　rev.　EVS　0.00%　3.50
02.12.2025　Review　HIN　0.00%　1.80
02.12.2025　Legal Reserach re　OJY　0.00%　0.50
02.12.2025　rev.　EVS　0.00%　2.60
02.12.2025　Review:　OJY　0.00%　0.45
02.12.2025　Internal discussion with EVS re　OJY　0.00%　1.15
02.12.2025　Review:　OJY　0.00%　4.35
02.12.2025　Email to Marxer re　OJY　0.00%　0.30
02.12.2025　Internal discussion OJY re　EVS　0.00%　1.15
03.12.2025　Review:　OJY　0.00%　4.70
03.12.2025　rev.　EVS　0.00%　1.00
03.12.2025　draft　EVS　0.00%　4.05
03.12.2025　Internal discussion with GJ re　OJY　0.00%　0.80
03.12.2025　Internal discussion with OJY re　GJ　0.00%　0.80
03.12.2025　Review: Input from Marxer re　OJY　0.00%　0.75
03.12.2025　Work on　HIN　0.00%　2.70
03.12.2025　question　EVS　0.00%　1.55

03.12.2025　Call: Marxer re Information re Memo　OJY　0.00%　0.20

03.12.2025　Work on　RPU　0.00%　2.75
03.12.2025　Internal discussion with EVS re Input from Marxer　OJY　0.00%　0.90
03.12.2025　research re submission of documents　EVS　0.00%　2.85
03.12.2025　Call: Alex B re submission of Documents　OJY　0.00%　0.20
03.12.2025　Legal Research re　OJY　0.00%　2.85
03.12.2025　Conf. with OJY　RPU　0.00%　0.25
03.12.2025　Conf. with RPU　OJY　0.00%　0.25
04.12.2025　draft　EVS　0.00%　2.95
04.12.2025　work on　HIN　0.00%　1.50
04.12.2025　Legal Review: re　OJY　0.00%　2.35
04.12.2025　Legal Research re　HIN　0.00%　2.80
04.12.2025　Call with Marxer re new developments in the proceedings　OJY　0.00%　0.60
04.12.2025　research re　EVS　0.00%　1.55
04.12.2025　Work on Submission re　RPU　0.00%　4.00
04.12.2025　Review: Documents to share with Marxer　OJY　0.00%　1.20
04.12.2025　Preparation re Call with PH re　OJY　0.00%　0.20
04.12.2025　Call with PH re　OJY　0.00%　0.40
04.12.2025　prep call re
; E-Mail to PH　EVS　0.00%　1.40
04.12.2025　E-Mail to PH re legal reserch re　OJY　0.00%　0.20
04.12.2025　Draft: Revised Memo re　OJY　0.00%　3.95
04.12.2025　Call with PH re　MMA　0.00%　0.40
04.12.2025　Preparation re Call with PH re　MMA　0.00%　0.20
04.12.2025　research re　EVS　0.00%　0.85
04.12.2025　Legal Research re　OJY　0.00%　0.70
04.12.2025　Call PH re　EVS　0.00%　0.40
05.12.2025　Draft: Memo re　OJY　0.00%　2.05
05.12.2025　research and review
; prepare e
mail for clients　EVS　0.00%　3.30
05.12.2025　Work on Submission re　RPU　0.00%　3.50
05.12.2025　Review: Requested Documents from Marxer　OJY　0.00%　2.05
05.12.2025　Legal Research re　HIN　0.00%　2.80
05.12.2025　draft　EVS　0.00%　1.45
05.12.2025　rev.　EVS　0.00%　0.55
06.12.2025　Draft: Legal Memo re　OJY　0.00%　4.20
08.12.2025　rev. submission and comments re　EVS　0.00%　2.30
08.12.2025　Email re Call update　OJY　0.00%　0.20
08.12.2025　Call: GJ re　OJY　0.00%　0.30
08.12.2025　draft e-mail to PH re　EVS　0.00%　2.25

08.12.2025　Review: Memo re　OJY　0.00%　1.25

08.12.2025　Draft: Comments re　OJY　0.00%　2.55
08.12.2025　Legal Research re　HIN　0.00%　1.30
08.12.2025　Draft: Speaking Points re Update Call　OJY　0.00%　1.45
08.12.2025　Work on　RPU　0.00%　1.75
08.12.2025　rev.　MMA　0.00%　1.40
08.12.2025　draft　EVS　0.00%　1.90
08.12.2025　Update Call　OJY　0.00%　0.60
08.12.2025　Review:　OJY　0.00%　0.60
08.12.2025　Update Call with Paul Hastings re Swiss Proceedings　MMA　0.00%　0.60
08.12.2025　prep. update Call with Paul Hastings re Swiss
Proceedings　MMA　0.00%　0.30
08.12.2025　rev. objection of Milson's counsel　HA　0.00%　1.00
08.12.2025　conf. team re: different procedures and deadlines ,etc.,
strategy　HA　0.00%　0.70
08.12.2025　Update Call PH　EVS　0.00%　0.60
08.12.2025　Call Luc, Alex and Louis　HA　0.00%　0.50
08.12.2025　Call　HA　0.00%　0.50
08.12.2025　Internal discusssion re preparation Update Call : HA,
MMA, EVS　OJY　0.00%　0.30
08.12.2025　Internal discussion with EVS re work load　OJY　0.00%　0.50
08.12.2025　Legal research re　OJY　0.00%　2.60
08.12.2025　internal discussion with OJY re work streams　EVS　0.00%　0.50
08.12.2025　internal discussion with team re update call with PH　EVS　0.00%　0.30
08.12.2025　review comment on draft　GJ　0.00%　1.70
08.12.2025　call OJY re draft　GJ　0.00%　0.30
08.12.2025　Internal discusssion re preparation Update Call : HA,
OJY, EVS　MMA　0.00%　0.30
09.12.2025　research and e-mail re　EVS　0.00%　3.00
09.12.2025　Review: Memo re　OJY　0.00%　2.35
09.12.2025　rev.　EVS　0.00%　0.95
09.12.2025　draft　EVS　0.00%　2.25
09.12.2025　Preparation re Call　OJY　0.00%　0.60
09.12.2025　Update Call　OJY　0.00%　1.55
09.12.2025　rev. draft email re　MMA　0.00%　0.40
09.12.2025　Update Call Alex, Luyi, OJY　EVS　0.00%　1.55
09.12.2025　rev. email Marxer on　MMA　0.00%　0.20
09.12.2025　E-Mail re　OJY　0.00%　0.30
09.12.2025　Legal Research re　HIN　0.00%　1.15
09.12.2025　prepare for call re　EVS　0.00%　0.40
09.12.2025　Draft:　OJY　0.00%　0.85

09.12.2025　Draft:　OJY　0.00%　1.60

09.12.2025　rev. memo re　EVS　0.00%　0.50
10.12.2025　Review:　OJY　0.00%　1.05
10.12.2025　Legal Research re　HIN　0.00%　4.80
10.12.2025　rev. memo re　EVS　0.00%　2.85
10.12.2025　Email to　OJY　0.00%　0.30
10.12.2025　Legal Research re　OJY　0.00%　1.25
10.12.2025　Review:　OJY　0.00%　1.35
10.12.2025　legal research re　EVS　0.00%　1.30
10.12.2025　Draft:　OJY　0.00%　3.00
10.12.2025　EVS　0.00%　0.65
10.12.2025　draft　EVS　0.00%　2.50
11.12.2025　Legal Research re　HIN　0.00%　3.55
11.12.2025　Draft:　OJY　0.00%　6.15
11.12.2025　Draft　EVS　0.00%　1.75
11.12.2025　Draft:　OJY　0.00%　1.90
11.12.2025　Draft　EVS　0.00%　1.55
11.12.2025　Draft:　OJY　0.00%　1.35
11.12.2025　Legal Research re　HIN　0.00%　2.00
11.12.2025　Legal research re　RPU　0.00%　1.75
11.12.2025　rev.　MMA　0.00%　0.20
11.12.2025　rev. and discuss　EVS　0.00%　0.45
12.12.2025　Draft　EVS　0.00%　1.60
12.12.2025　Legal Research re　OJY　0.00%　2.30
12.12.2025　Legal Research re　HIN　0.00%　4.30
12.12.2025　Draft: Memo re　OJY　0.00%　4.35
12.12.2025　rev. memo re　EVS　0.00%　1.00
12.12.2025　Review Memo re　HIN　0.00%　1.20
12.12.2025　rev. letter to　EVS　0.00%　0.40
12.12.2025　rev. update email Paul Hastings on　MMA　0.00%　0.20
15.12.2025　Draft　EVS　0.00%　6.10
15.12.2025　Draft:　OJY　0.00%　3.55
15.12.2025　Legal Research re　HIN　0.00%　0.60
15.12.2025　rev. draft　MMA　0.00%　0.40
15.12.2025　Draft: Email re　OJY　0.00%　0.60
15.12.2025　Work on　HIN　0.00%　3.70
15.12.2025　Review:　OJY　0.00%　1.80
15.12.2025　Legal Research re　OJY　0.00%　1.10
15.12.2025　Draft letter to　EVS　0.00%　1.00
15.12.2025　rev.　EVS　0.00%　0.75

16.12.2025　Draft　EVS　0.00%　7.95

16.12.2025　Work on　HIN　0.00%　1.00
16.12.2025　Legal Research re　HIN　0.00%　1.50
16.12.2025　Email to Marxer re　OJY　0.00%　0.30
16.12.2025　Legal Research re　OJY　0.00%　0.80
16.12.2025　Review: Submissions re　OJY　0.00%　0.30
16.12.2025　Email to PH re　OJY　0.00%　0.20
16.12.2025　Internal discusstions with EVS re work distribution and
next steps　OJY　0.00%　0.90
16.12.2025　Review: Legal Memo re　OJY　0.00%　3.65
16.12.2025　Legal research re　RPU　0.00%　5.00
16.12.2025　Email to　OJY　0.00%　0.40
16.12.2025　Internal discussion OJY re work streams　EVS　0.00%　0.90
16.12.2025　E-Mail to PH　EVS　0.00%　0.20
17.12.2025　Review Draft Memo re　HIN　0.00%　1.90
17.12.2025　Email re　OJY　0.00%　0.20
17.12.2025　Internal discussion with EVS re next steps　OJY　0.00%　0.45
17.12.2025　rev. order re　MMA　0.00%　0.20
17.12.2025　Draft　EVS　0.00%　1.20
17.12.2025　Draft:　OJY　0.00%　4.95
17.12.2025　Review　HIN　0.00%　0.40
17.12.2025　Internal discussion with OJY re next steps　EVS　0.00%　0.45
18.12.2025　Review　HIN　0.00%　2.20
18.12.2025　Draft　EVS　0.00%　4.80
18.12.2025　Call　EVS　0.00%　0.75
18.12.2025　Call with　OJY　0.00%　0.30
18.12.2025　Internal discussion with EVS re　OJY　0.00%　0.75
18.12.2025　Draft:　OJY　0.00%　5.15
18.12.2025　Internal discussion with OJY re　EVS　0.00%　0.75
18.12.2025　Internal discussions OJY re next steps　EVS　0.00%　0.80
18.12.2025　Internal discussions EVS re next steps　OJY　0.00%　0.80
19.12.2025　rev. e-mail PH re
and legal research re　EVS　0.00%　4.00
19.12.2025　Draft　EVS　0.00%　2.00
19.12.2025　Call: Weggis　OJY　0.00%　0.25
19.12.2025　legal research re case law　RPU　0.00%　1.50
19.12.2025　Legal Research re　HIN　0.00%　1.00
19.12.2025　call Qiang Guo's lawyer re further stay of conciliation
proceeding　MMA　0.00%　0.25
19.12.2025　email Justice of the Peace re further stay of conciliation
proceeding　MMA　0.00%　0.10
19.12.2025　Draft Email re update　OJY　0.00%　0.30
22.12.2025　Draft　EVS　0.00%　3.00

Total excl. VAT　320.25

31.12.2025　Legal Research re Questions from Alex B.　OJY　0.00%　0.80
31.12.2025　Rev. E-Mails re Case Law on　EVS　0.00%　0.50
31.12.2025　email Alex re　MMA　0.00%　0.20
31.12.2025　emails RPU/OJY re　MMA　0.00%　0.30
31.12.2025　Rev. Mails and legal research re case law　RPU　0.00%　0.25
31.12.2025　Reserach re Case law re　OJY　0.00%　2.50
31.12.2025　Email to local Counsel re　OJY　0.00%　0.25
31.12.2025　Email to　OJY　0.00%　0.35
30.12.2025　Rev. E-Mail re　EVS　0.00%　0.50
30.12.2025　Legal research re sources for　RPU　0.00%　1.25
30.12.2025　Draft:　OJY　0.00%　6.20
29.12.2025　Rev. E-Mail from Marxer re Update　EVS　0.00%　0.40
29.12.2025　Call: with Marxer re　OJY　0.00%　0.25
29.12.2025　Draft: Email re　OJY　0.00%　0.15
29.12.2025　Draft:　OJY　0.00%　6.30
27.12.2025　Review: Various Emails　OJY　0.00%　0.40
24.12.2025　email Alex re　MMA　0.00%　0.20
23.12.2025　Call Paul Hastings re　MMA　0.00%　0.40
23.12.2025　Call Justice of the Peace re addition stay of conciliation
proceeding　MMA　0.00%　0.10
23.12.2025　Research re case law　EVS　0.00%　0.95
23.12.2025　Update Call Alex, Luyi, MMA　EVS　0.00%　0.35
23.12.2025　Draft　EVS　0.00%　0.30
23.12.2025　rev.　EVS　0.00%　1.95
22.12.2025　email Paul Hastings re　MMA　0.00%　0.25
22.12.2025　Draft　EVS　0.00%　1.25
22.12.2025　Review: Email re　OJY　0.00%　4.75
Expenses

Total excl. VAT　2'184.10

08.01.2026　Disbursements　0.00%　2'184.10
Date　Text　VAT　Amount CHF
Provider　Hours　Rate CHF　Amount CHF

Hayek, Daniel　2.70　800.00　2'160.00
Hinze, Chiara　43.80　175.00　7'665.00
Jany, Oliver　133.55　425.00　56'758.75
Jegher, Gion　2.80　700.00　1'960.00
Meili, Mark　7.30　600.00　4'380.00
Rashidi, Puya　22.00　175.00　3'850.00
Vomvoris, Eleonora　108.10　300.00　32'430.00
320.25　341.00　109'203.75