Notice of Adjournment — In re KServicing

Record facts

U.S. Bankruptcy Court for the District of Delaware · No. 22-10951 · Doc. 523 · 2023-02-10 · Docket on CourtListener

Full text

RLF1 28564888v.2 
UNITED STATES BANKRUPTCY COURT 
DISTRICT OF DELAWARE 
------------------------------------------------------------ x 
 
In re 
: 
Chapter 11 
 
: 
 
KABBAGE, INC. d/b/a KSERVICING, et al., : 
Case No. 22-10951 (CTG) 
 
: 
 
 
: 
(Jointly Administered) 
 
 
Debtors.1 
: 
 
 
: 
Re: D.I. 466, 470 & 471 
------------------------------------------------------------ x 
 
 
NOTICE OF ADJOURNMENT OF CERTAIN DATES RELATED TO 
CONFIRMATION OF AMENDED JOINT CHAPTER 11 PLAN OF LIQUIDATION OF 
KABBAGE, INC. (d/b/a KSERVICING) AND ITS AFFILIATED DEBTORS 
 
PLEASE TAKE NOTICE that, on January 19, 2023, the United States 
Bankruptcy Court for the District of Delaware entered the Order (I) Approving the Disclosure 
Statement of the Debtors, (II) Establishing Solicitation, Voting, and Related Procedures, (III) 
Scheduling Confirmation Hearing, (IV) Establishing Notice and Objection Procedures for 
Confirmation of Plan, (V) Approving Special Electronic Noticing Procedures, (VI) Approving 
Debtors’ Proposed Cure Procedures for Unexpired Leases and Executory Contracts, and (VII) 
Granting Related Relief [D.I. 470] (the “Disclosure Statement Order”)2, which, among other 
things, set certain dates and deadlines related to confirmation of the Plan [D.I. 466] (the 
“Confirmation-Related Deadlines”). 
PLEASE TAKE FURTHER NOTICE that, on January 20, 2023, the Debtors filed 
the Notice of (I) Approval of the Disclosure Statement of the Debtors (II) Establishment of 
 
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 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). Kabbage is a trademark of American Express used 
under license; Kabbage, Inc. d/b/a KServicing is not affiliated with American Express.  The Debtors’ mailing and 
service address is 925B Peachtree Street NE, Suite 383, Atlanta, GA 30309. 
2 Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Disclosure 
Statement Order. 
Case 22-10951-CTG    Doc 523    Filed 02/10/23    Page 1 of 4

 
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RLF1 28564888v.2 
Solicitation, Voting, and Related Procedures, (III) Scheduling Confirmation Hearing, (IV) 
Establishing Notice and Objection Procedures for Confirmation of Plan, (V) Approval of Special 
Electronic Noticing Procedures (VI) Approval of Debtors’ Proposed Cure Procedures for 
Unexpired Leases and Executory Contracts, and (VII) Granting Related Relief [D.I. 471], 
pursuant to which a hearing to consider confirmation of the Plan (the “Confirmation Hearing”) 
has been scheduled before the Honorable Craig T. Goldblatt, United States Bankruptcy Judge in 
the United States Bankruptcy Court for the District of Delaware, 824 North Market Street, Third 
Floor, Courtroom 7, Wilmington, Delaware 19801, on March 13, 2023 at 10:00 a.m. 
(Prevailing Eastern Time). 
PLEASE TAKE FURTHER NOTICE that, today, the Debtors are adjourning the 
following Confirmation-Related Deadlines set forth below (the “Adjourned Deadlines”): 
Deadline 
Previous Date 
Modified Date 
Plan Supplement 
Filing Deadline 
February 14, 2023 
February 21, 2023 
Voting Deadline 
February 21, 2023 at 5:00 p.m. 
(Prevailing Eastern Time) 
February 28, 2023 at 5:00 p.m. 
(Prevailing Eastern Time) 
Plan Objection 
Deadline 
February 21, 2023 at 4:00 p.m. 
(Prevailing Eastern Time) 
February 28, 2023 at 4:00 p.m. 
(Prevailing Eastern Time) 
 
PLEASE TAKE FURTHER NOTICE that, other than the Adjourned Deadlines, 
the Debtors are not, at this time, adjourning any other Confirmation-Related Deadlines or the 
date of the Confirmation Hearing. 
PLEASE TAKE FURTHER NOTICE that the Debtors reserve the right to (i) 
further adjourn the Adjourned Deadlines and/or (ii) adjourn the other Confirmation-Related 
Deadlines and the Confirmation Hearing. 
Case 22-10951-CTG    Doc 523    Filed 02/10/23    Page 2 of 4

 
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RLF1 28564888v.2 
PLEASE TAKE FURTHER NOTICE that any party in interest wishing to obtain 
copies of the Disclosure Statement Order, the Disclosure Statement and the Plan should contact 
Omni Agent Solutions, the Debtors’ solicitation agent, (i) in writing at Kabbage, Inc. d/b/a 
KServicing, et al., c/o Omni Agent Solutions, Solicitation Team, 5955 De Soto Ave., Suite 100, 
Woodland Hills, CA 91367, (ii) by email at kservicinginquiries@omniagnt.com, or (iii) by 
telephone at 866-956-2138 (U.S. & Canada toll free) or 747-226-5953 (international).  Interested 
parties may also review the Disclosure Statement Order, the Disclosure Statement and the Plan 
free of charge at www.omniagentsolutions.com/kservicing. 
 
[Remainder of page intentionally left blank] 
Case 22-10951-CTG    Doc 523    Filed 02/10/23    Page 3 of 4

 
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RLF1 28564888v.2 
Dated: February 10, 2023 
Wilmington, Delaware 
 
/s/ Matthew P. Milana 
RICHARDS, LAYTON & FINGER, P.A. 
Daniel J. DeFranceschi, Esq. (No. 2732) 
Amanda R. Steele, Esq. (No. 5530) 
Zachary I. Shapiro, Esq. (No. 5103) 
Matthew P. Milana, Esq. (No. 6681) 
One Rodney Square 
920 North King Street 
Wilmington, Delaware 19801 
Telephone: (302) 651-7700 
E-mail: defranceschi@rlf.com 
             steele@rlf.com 
             shapiro@rlf.com 
             milana@rlf.com 
 
 
-and- 
 
WEIL, GOTSHAL & MANGES LLP 
Ray C. Schrock, Esq. (admitted pro hac vice) 
Candace M. Arthur, Esq. (admitted pro hac vice) 
Natasha S. Hwangpo, Esq. (admitted pro hac vice) 
Chase A. Bentley, Esq. (admitted pro hac vice) 
767 Fifth Avenue 
New York, New York 10153 
Telephone:  
(212) 310-8000 
E-mail:  
ray.schrock@weil.com 
 
 
candace.arthur@weil.com 
 
 
natasha.hwangpo@weil.com 
 
 
chase.bentley@weil.com 
 
Attorneys for Debtors  
and Debtors in Possession 
 
Case 22-10951-CTG    Doc 523    Filed 02/10/23    Page 4 of 4

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