Order Approving Stipulation Between the Debtors and Cross River Bank — In re KServicing (Bankr. D. Del.)

Record facts

U.S. Bankruptcy Court for the District of Delaware · No. 22-10951 · Doc. 444 · 2023-01-17 · Docket on CourtListener

Full text

RLF1 28474316v.1
IN THE UNITED STATES BANKRUPTCY COURT 
FOR THE DISTRICT OF DELAWARE 
In re  
KABBAGE, INC. d/b/a KSERVICING, et al.,  
Debtors.1 
Chapter 11 
Case No. 22-10951 (CTG) 
(Jointly Administered) 
Re: Docket No. 438
ORDER APPROVING STIPULATION BETWEEN THE DEBTORS  
AND CROSS RIVER BANK   
Upon consideration of the Stipulation Between the Debtors and Cross River Bank (the 
“Stipulation”);2 and the district court has jurisdiction under 28 U.S.C. § 1334, which was referred 
to this Court under 28 U.S.C. § 157; and consideration of the Stipulation and the relief requested 
therein being a core proceeding pursuant to 28 U.S.C. § 157(b); and venue being proper before the 
Court pursuant to 28 U.S.C. §§ 1408 and 1409; and due and proper notice of the Stipulation having 
been provided, and no other or further notice being required; and after due deliberation thereon 
and good and sufficient cause appearing therefor, it is hereby 
ORDERED, ADJUDGED, AND DECREED THAT: 
1.
The Stipulation is APPROVED, as set forth herein.
2.
The Debtors and Cross River are authorized to take any and all actions necessary
to effectuate the Stipulation.  
3.
The Court shall retain jurisdiction to hear and determine all matters arising from
the interpretation and/or implementation of this Order and/or the Stipulation.   
1   The Debtors in these chapter 11 cases, along with the last four digits of each Debtor’s federal tax identification 
number, as applicable are: Kabbage, Inc. d/b/a KServicing (3937) (“Kabbage”); Kabbage Canada Holdings, LLC 
(N/A); Kabbage Asset Securitization LLC (N/A); Kabbage Asset Funding 2017-A LLC (4803); Kabbage Asset 
Funding 2019-A LLC (8973); and Kabbage Diameter, LLC (N/A) (collectively, the “Debtors”). 
2   Capitalized terms used but not otherwise defined herein shall be given the meanings ascribed to such terms in the 
Stipulation. 
Case 22-10951-CTG    Doc 444    Filed 01/17/23    Page 1 of 2

 
 
2 
 
RLF1 28474316v.1 
4. 
This Order is effective immediately upon its entry.  
 
Dated: January 17th, 2023 
Wilmington, Delaware
CRAIG T. GOLDBLATT 
UNITED STATES BANKRUPTCY JUDGE
Case 22-10951-CTG    Doc 444    Filed 01/17/23    Page 2 of 2

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