Guo Chapter 11 NY Law Firm Settlement Reached in $115K Clawback Dispute

0
14

Guo’s Mounting Legal Troubles

Miles Guo, also known as Ho Wan Kwok, has been a lightning rod of controversy. After fleeing China, where officials accused him of corruption—a charge he denies—Guo filed for Chapter 11 protection in February 2022. At the time, he reported liabilities exceeding $374 million and assets of just $3,850.

But bankruptcy isn’t his only legal battle. In the Southern District of New York, Guo was convicted of defrauding investors and hit with a staggering $1.3 billion forfeiture order. Despins has accused Guo of sustaining a lavish lifestyle while concealing assets across more than 20 countries, allegedly to frustrate creditors.

Counsel and Case Details

The trustee is represented by Patrick R. Linsey, Douglas S. Skalka and Nancy Bohan Kinsella of Neubert Pepe & Monteith PC, along with Douglass Barron of Paul Hastings LLP.

Signup for the USA Herald exclusive Newsletter

Wildes & Weinberg PC, meanwhile, is represented in-house by Michael Wildes.