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IN RE GBG USA INC.

Case No. 21-11369 (MEW) Jointly Administered Adv. Pro. No. 23-01022 (MEW).

666 B.R. 115 (2024)

IN RE: GBG USA INC., et al., Debtors. Peter Hurwitz, as Litigation Trustee of the GBG USA Litigation Trust, Plaintiff, v. Fung Holdings (1937) Limited, Fung Distribution International Limited, Step Dragon Enterprise Limited, Golden Step Limited, William Fung Kowk Lun, King Lun Holdings Limited, First Island Developments Limited, Victor Fung Kwok King, Spencer Theodor Fung, Bruce Philip Rockowitz, Hurricane Millennium Holdings Limited, and HSBC Trustee (C.I.) Limited, Solely in Its Capacity as Trustee of the "Victor Trust," Defendants.

United States Bankruptcy Court, S.D. New York.

Signed December 16, 2024.

Attorney(s) appearing for the Case

GRANT & EISENHOFER P.A., New York, New York and Wilmington, Delaware, Special Counsel for Plaintiff Peter Hurwitz as Trustee of the GBG USA Litigation Trust, By: Gordon Z. Novod, Esq., Thomas Walsh, Esq., Frank H. Griffin, Esq..

FRESHFIELDS BRUCKHAUS DERINGER US LLP, New York, New York, Attorneys for Defendants other than HSBC Trustee (C.I.) Limited, By: Timothy P. Harkness, Esq., Madlyn Gleich Primoff, Esq., Henry V. Hutten, Esq..

MAYER BROWN LLP, New York, New York, Attorneys for HSBC Trustee (C.I.) Limited, By: Mark G. Hanchet, Esq. Robert W. Hamburg, Esq..

DECISION ON DEFENDANTS' MOTION TO DISMISS

Plaintiff Peter Hurwitz is the Litigation Trustee (the "Trustee") of the GBG USA Litigation Trust, which was established by the confirmed plan of reorganization of GBG USA, Inc. ("GBG")...

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