First Interim Fee Application (Omni Agent Solutions) — In re KServicing

Record facts

U.S. Bankruptcy Court for the District of Delaware · No. 22-10951 · Doc. 535 · 2023-02-14 · Docket on CourtListener

Summary

The first interim application of Omni Agent Solutions for payment of compensation and reimbursement of expenses in In re Kabbage, Inc. d/b/a KServicing, et al., Case No. 22-10951 (CTG), a jointly administered Chapter 11 case in the U.S. Bankruptcy Court for the District of Delaware, filed February 14, 2023 as Doc 535. Omni, retained for the debtors as of October 21, 2022, seeks $17,800.25 in compensation and $0.00 in expenses for the period October 3, 2022 through December 31, 2022. A table summarizes three monthly fee applications of $5,083.50, $8,751.50 and $3,965.25, with $11,068.00 approved to date and $3,560.05 in holdback fees. The application lists $6,732.25 as sought but not yet paid, sets an objection deadline of March 6, 2023 and a hearing on March 22, 2023, and is signed by Paul H. Deutch for Omni.

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Full text

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 
: 
: 
 
 
: 
Obj. Deadline: March 6, 2023 at 4:00 p.m. (ET) 
------------------------------------------------------------ x 
Hearing: March 22, 2023 at 10:00 a.m. (ET) 
 
FIRST INTERIM APPLICATION 
OF OMNI AGENT SOLUTIONS FOR PAYMENT OF 
COMPENSATION AND REIMBURSEMENT OF EXPENSES  
FOR PERIOD OCTOBER 3, 2022 THROUGH DECEMBER 31, 2022 
Name of Applicant 
Omni Agent Solutions 
Authorized to Provide Professional Services to: 
 
Debtors and Debtors-in-Possession 
Date of Retention: 
October 21, 2022, effective as of the Petition 
Date [D.I. #138] 
Period for which compensation and 
reimbursement is sought 
 
October 3, 2022 through December 31, 2022 
Amount of compensation sought as actual, 
reasonable, and necessary 
$17,800.25 
Amount of expense reimbursement sought as 
actual, reasonable, and necessary: 
$0.00 
 
 
This is a (n) ___ monthly     X   interim   ___ final application  
                                                 
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. 
Case 22-10951-CTG    Doc 535    Filed 02/14/23    Page 1 of 3

2 
 
SUMMARY OF MONTHLY FEE APPLICATIONS FOR INTERIM PERIOD: 
 
 
Total Amount Requested 
Total Amount Approved to 
Date via Certification of No 
Objection 
Holdback 
Fees 
Requested 
Date Filed / 
Docket No. 
Period 
Covered 
Fees 
Expenses 
Fees 
(@ 80%) 
Expenses 
(@ 100%) 
Fees 
(@ 20%) 
12/2/22 
(D.I. 324) 
October 3, 
2022 
through 
October 31, 
2022 
$5,083.50 
$0.00 
$4,066.80 
$0.00 
$1,016.70 
12/29/22 
(D.I. 390) 
November 
1, 2022 
through 
November 
30, 2022 
$8,751.50 
$0.00 
$7,001.20 
$0.00 
$1,750.30 
1/30/23 
(D.I. 499) 
December 
1, 2022 
through 
December 
31, 2022 
$3,965.25 
$0.00 
$0.002 
$0.00 
$793.05 
Total: 
 
$17,800.25 
$0.00 
$11,068.00 
$0.00 
$3,560.05 
 
 
Summary of Any Objections to Monthly Fee Application:  N/A. 
 
Compensation Sought in this Application Not Yet Paid:  $6,732.25 
 
                                                 
2  Pending objection deadline of February 20, 2023 at 4:00 p.m. (prevailing Eastern Time) for the Third Monthly Fee 
Statement of Omni Agent Solutions for Payment of Compensation and Reimbursement of Expenses for Period 
December 1, 2022 through December 31, 2022. 
Case 22-10951-CTG    Doc 535    Filed 02/14/23    Page 2 of 3

3 
 
Dated: 
February 14, 2023 
 
New York, New York 
  
 
/s/ Paul H. Deutch 
Paul H. Deutch 
Omni Agent Solutions 
                         
Administrative Agent for Debtors and Debtors-in-
Possession 
 
Case 22-10951-CTG    Doc 535    Filed 02/14/23    Page 3 of 3

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