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IN RE ZETTA JET USA, INC.

Case No.: 2:17-bk-21386-SK Adversary No.: 2:19-ap-01383-SK.

644 B.R. 12 (2022)

IN RE: ZETTA JET USA, INC., Debtor(s), Jonathan D. King, Plaintiff(s), v. Export Development Canada, Glove Assets Investment Limited, Minsheng Business Aviation Limited, Minsheng Financial Leasing Co., Ltd., Li Qi, Truly Great Global Limited, TVPX ARS, Inc., in its capacity as trustee to Zetta MSN 9688 Statutory Trust dated September 20, 2016 (formed as Wyoming statutory trust), Universal Leader Investment Limited, Wells Fargo Bank Northwest, N.A., in its capacity as trustee to Yuntian 3 Trust dated September 20, 2016 (formed and administered in Utah) and its capacity as trustee of Yuntian 4 Trust dated September 20, 2016 (formed and administered in Utah), Yuntian 3 Leasing Company Designated Activity Company, Yuntian 4 Leasing Company Designated Activity Company, Zetta MSN 9606 Statutory Trust dated September 20, 2016 (formed as Wyoming statutory trust), Defendant(s).

United States Bankruptcy Court, C.D. California, Los Angeles Division.

Signed August 8, 2022.

Attorney(s) appearing for the Case

Brian K. Condon , Arnold & Porter Kaye Scholer LLP, Los Angeles, CA, for Defendants Glove Assets Investment Limited, Truly Great Global Limited, Universal Leader Investment Limited, Li Qi.

Allison B. Hudson , Vedder Price P.C., Chicago, IL, Michael J. Edelman , Vedder Price, New York, NY, for Defendant Export Development Canada.

John K. Lyons , DLA Piper LLP (US), Chicago, IL, for Plaintiff.

Joshua M. Mester , Jones Day, Los Angeles, CA, for Defendants Yuntian 3 Leasing Company Designated Activity Company, Minsheng Business Aviation Limited.

Daniel T. Moss , David S. Torborg , Jones Day, Washington, DC, for Defendant Minsheng Business Aviation Limited, Yuntian 3 Leasing Company Designated Activity Company, Yuntian 4 Leasing Company Designated Activity Company, Minsheng Financial Leasing Co., Ltd.

Scott Olson , Vedder Price, San Francisco, CA, for Defendant Export Development Canada.

Oscar D. Ramallo , Los Angeles, CA, for Defendant Glove Assets Investment Limited, Truly Great Global Limited, Universal Leader Investment Limited.

COURT'S MEMORANDUM OF DECISION ON "MOTION TO ENJOIN SINGAPORE ACTION," DOCKET #360, FILED BY UNIVERSAL LEADER INVESTMENT LIMITED AND GLOVE ASSETS INVESTMENT LIMITED

On 8/3/22 at 9:00 a.m., the Court heard a "Motion to Enjoin Singapore Action," Docket #360, filed by Universal Leader Investment...

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