Matter
Kfir Gavrieli Bankruptcy Estate (Hong Kong HCMP 981/2026)
Hong Kong proceedings recognizing a US Chapter 11 trustee and assisting recovery of bankruptcy-estate funds held in Hong Kong accounts amid related California litigation.
Procedural record
- 22 January 2021United States
22 January 2021United States
Amended Judgment of the Superior Court of the State of California for the County of Los Angeles in BC 686856 dated 22 January 2021
Superior Court of the State of California for the County of Los Angeles
- Decision summary
- The court held that Kfir Gavrieli and Dikla Gavrieli Unatin each owned 50% of Gavrieli Brands, LLC and imposed a constructive trust over a 50% share of funds in specified bank accounts.
1 year and 4 months later · 485 days
- 22 May 2022United States
22 May 2022United States
Order Confirming Chapter 11 Trustee's Second Amended Plan of Reorganization of the United States Bankruptcy Court for the Central District of California dated 22 May 2022
United States Bankruptcy Court for the Central District of California
- Decision summary
- The court entered an order confirming the Chapter 11 trustee's Second Amended Plan of Reorganization in Kfir Gavrieli's bankruptcy case.
3 years, 10 months and 24 days later · 1424 days
- 15 April 2026United States
15 April 2026United States
Order of the United States Bankruptcy Court for the Central District of California in Case No. 2:21-bk 10826-BB dated 15 April 2026
United States Bankruptcy Court for the Central District of California
- Decision summary
- The court confirmed the trustee's powers and issued a Letter of Request seeking recognition of the US bankruptcy case and the trustee by the Hong Kong court.
5 months and 6 days later · 159 days
- 21 September 2026Hong Kong
21 September 2026Hong Kong
Reasons for Judgment of the High Court of Hong Kong in HCMP 981/2026 dated 21 September 2026
High Court of the Hong Kong Special Administrative Region, Court of First Instance
- Citation
- [2026] HKCFI 5374
- Decision summary
- The court recognized J. Michael Issa as trustee of the post-effective-date trust administering Kfir Gavrieli's US bankruptcy estate and granted him powers to investigate, secure, collect, and pursue assets in Hong Kong. It ordered banks to provide specified account information and records within 28 days, subject to liberty to apply.
Participants
- Application
- Recognition of foreign bankruptcy proceeding and trustee appointment — Granted
- Application
- Assistance to foreign insolvency office-holder — Granted
J. Michael Issa
- Representative
- Christopher John Dobby (For: J. Michael Issa)
- Representative
- Hogan Lovells Cadwalader (For: J. Michael Issa)
High Court of the Hong Kong Special Administrative Region, Court of First Instance
- Judge
- Linda Chan
Other
- Insolvency office holder
- J. Michael Issa