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Notice of Meeting of Creditors/Commencement… — In re KServicing Wind Down Corp., et al. (f/k/a Kabbage, Inc.… (Dkt. 106)

Summary

An Official Form 309F1 Notice of Chapter 11 Bankruptcy Case for Kabbage, Inc. d/b/a KServicing, et al., Case No. 22-10951 (CTG), in the U.S. Bankruptcy Court for the District of Delaware, filed October 14, 2022 as Doc 106. The notice states that the chapter 11 case was filed October 3, 2022, and lists the jointly administered debtors, including Kabbage Canada Holdings, LLC, Kabbage Asset Securitization LLC and Kabbage Diameter, LLC, with their case numbers. It names Weil, Gotshal & Manges LLP and Richards, Layton & Finger, P.A. as debtors' attorneys and Omni Agent Solutions, Inc. as claims and noticing agent. It sets the meeting of creditors for November 10, 2022 at 1:00 p.m. by phone and states that the proof of claim deadline is not yet set. It also explains the automatic stay, discharge under 11 U.S.C. § 1141(d) and the § 523(c) complaint deadline.

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No. 22-10951 · Doc. 106 · Docket on CourtListener

Full text

                         Case 22-10951-CTG                   Doc 106          Filed 10/14/22            Page 1 of 2


 Information to identify the case:

 Debtor: Kabbage, Inc. d/b/a KServicing, et al.                                 EIN: 36-4973937

 United States Bankruptcy Court for the District of Delaware                    Date case filed for chapter 11: October 3, 2022

 Case Number: 22-10951 (CTG)

 Official Form 309F1 (For Corporations or Partnerships)
 Notice of Chapter 11 Bankruptcy Case                                                                                                       10/20

 For the debtors listed below, a case has been filed under chapter 11 of the Bankruptcy Code. An order for relief has
 been entered.
 This notice has important information about the case for creditors, debtors, and trustees, including information about
 the meeting of creditors and deadlines. Read all pages carefully.
 The filing of the case imposed an automatic stay against most collection activities. This means that creditors generally may not take action to
 collect debts from the debtor or the debtor’s property. For example, while the stay is in effect, creditors cannot sue, assert a deficiency,
 repossess property, or otherwise try to collect from the debtor. Creditors cannot demand repayment from the debtor by mail, phone, or
 otherwise. Creditors who violate the stay can be required to pay actual and punitive damages and attorney’s fees.
 Confirmation of a chapter 11 plan may result in a discharge of debt. A creditor who wants to have a particular debt excepted from discharge may
 be required to file a complaint in the bankruptcy clerk’s office within the deadline specified in this notice. (See line 11 below for more
 information.)
 To protect your rights, consult an attorney. All documents filed in the case may be inspected at the bankruptcy clerk’s office at the address listed
 below or through PACER (Public Access to Court Electronic Records at https://pacer.uscourts.gov).

 The staff of the bankruptcy clerk’s office cannot give legal advice.

 Do not file this notice with any proof of claim or other filing in the case.
 1.   Debtors’ full name(s): See Chart Below
 2.   All other names used in the last 8 years:      See Chart Below (if applicable)
 Jointly Administered Cases
                   Debtor                                 Other Names Used in Last 8 Years                             EIN          Case Number
 Kabbage, Inc.                               d/b/a KServicing; d/b/a KService Corp.; d/b/a KServicing, Inc.;      36-4973937       22-10951 (CTG)
                                                Kabbage Platform (used solely in the state of New York)
 Kabbage Canada Holdings, LLC                                             N/A                                         N/A          22-10952 (CTG)
 Kabbage Asset Securitization LLC                                         N/A                                         N/A          22-10953 (CTG)
 Kabbage Asset Funding 2017-A LLC                                         N/A                                     61-1854803       22-10954 (CTG)
 Kabbage Asset Funding 2019-A LLC                                         N/A                                     83-4698973       22-10955 (CTG)
 Kabbage Diameter, LLC                                                    N/A                                         N/A          22-10956 (CTG)
 3.   Address for all Debtors:               925B Peachtree Street NE, Suite 383
                                             Atlanta, GA 30308
 4.   Debtors’ attorneys                     WEIL, GOTSHAL & MANGES LLP                          RICHARDS, LAYTON & FINGER, P.A.
                                             Ray C. Schrock, P.C.                                Daniel J. DeFranceschi, Esq.
                                             Candace M. Arthur, Esq.                             Amanda R. Steele, Esq.
                                             Natasha S. Hwangpo, Esq.                            Zachary I. Shapiro, Esq.
                                             Chase A. Bentley, Esq.                              Matthew P. Milana, Esq.
                                             767 Fifth Avenue                                    One Rodney Square
                                             New York, New York 10153                            920 N. King Street
                                             Telephone: (212) 310-8000                           Wilmington, Delaware 19801
                                             Facsimile: (212) 310-8007                           Telephone: (302) 651-7700
                                             Email: ray.schrock@weil.com                         Facsimile: (302) 651-7701
                                                     candace.arthur@weil.com                     Email: defranceschi@rlf.com
                                                     natasha.hwangpo@weil.com                           steele@rlf.com
                                                     chase.bentley@weil.com                             shapiro@rlf.com
                                                                                                        milana@rlf.com
  Debtors’ Claims and Noticing
                                             Contact phone: (866) 956-2138 (Toll Free) or (747) 226-5953 (International)
  Agent
                                             Email: kservicinginquiries@omniagnt.com
  If you have questions about this
  notice, please contact Omni Agent          Website: https://omniagentsolutions.com/kservicing
  Solutions, Inc.




Official Form 309F1 (For Corporations or Partnerships)     Notice of Chapter 11 Bankruptcy Case                                   page 1
RLF1 28013139V.1
 Debtor
                         Case 22-10951-CTG
              Kabbage, Inc. d/b/a KServicing, et al.
                                                                   Doc 106           Filed 10/14/22     Page 2 of22-10951
                                                                                              Case number (if known)
                                                                                                                     2    (CTG)
              Name


 5. Bankruptcy clerk’s office                           Clerk of the U.S. Bankruptcy Court for        Hours: Monday to Friday – 8:00 a.m. to 4:00 p.m.
                                                        the District of Delaware
  Documents in this case may be filed at this                                                         Telephone: (302) 252-2900
                                                        824 North Market St., 3rd Floor
  address.
                                                        Wilmington, DE 19801
  You may inspect all records filed in this
  case at this office or online at
  https://pacer.uscourts.gov, or by accessing
  the website maintained by Omni Agent
  Solutions, Inc., available at
  https://omniagentsolutions.com/kservicing,
  free of charge.
 6. Meeting of creditors                                November 10, 2022 at 1:00 p.m. (ET)               Location:
                                                        Date                Time                          J. Caleb Boggs Federal Building
  The Debtors’ representative must attend                                                                 844 King Street
  the meeting to be questioned under oath.              The meeting may be continued or                   3rd Floor, Room 3209
                                                        adjourned to a later date. If so, the             Wilmington, DE 19801
  Creditors may attend, but are not required            date will be on the court docket.
  to do so.                                                                                               The Meeting of Creditors is scheduled to be
                                                                                                          held by phone. Please call 1-888-390-0720
                                                                                                          and use access code 7319898# to join the
                                                                                                          meeting.
 7. Proof of claim deadline                            Deadline for filing proof of claim: Not yet set. If a deadline is set, the court will send you
                                                       another notice.
                                                       A proof of claim is a signed statement describing a creditor’s claim. A proof of claim form may be
                                                       obtained at www.uscourts.gov or any bankruptcy clerk’s office.
                                                       Your claim will be allowed in the amount scheduled unless:
                                                       your claim is designated as disputed, contingent, or unliquidated;
                                                       you file a proof of claim in a different amount; or
                                                       you receive another notice.
                                                       If your claim is not scheduled or if your claim is designated as disputed, contingent, or
                                                       unliquidated, you must file a proof of claim or you might not be paid on your claim and you might
                                                       be unable to vote on a plan. You may file a proof of claim even if your claim is scheduled.
                                                       You may review the schedules at the bankruptcy clerk’s office or online at
                                                       https://pacer.uscourts.gov.
                                                       Secured creditors retain rights in their collateral regardless of whether they file a proof of claim.
                                                       Filing a proof of claim submits a creditor to the jurisdiction of the bankruptcy court, with
                                                       consequences a lawyer can explain. For example, a secured creditor who files a proof of claim
                                                       may surrender important nonmonetary rights, including the right to a jury trial.
 8.   Exception to discharge deadline                  If § 523(c) applies to your claim and you seek to have it excepted from discharge, you must start
                                                       a judicial proceeding by filing a complaint by the deadline stated below
      The bankruptcy clerk’s office must
      receive a complaint and any required
      filing fee by the following deadline.            Deadline for filing the complaint: To be determined
                                                       If you are a creditor receiving notice mailed to a foreign address, you may file a motion asking the
 9.   Creditors with a foreign address
                                                       court to extend the deadlines in this notice. Consult an attorney familiar with United States
                                                       bankruptcy law if you have any questions about your rights in this case.
 10. Filing a Chapter 11 bankruptcy case               Chapter 11 allows debtors to reorganize or liquidate according to a plan. A plan is not effective
                                                       unless the court confirms it. You may receive a copy of the plan and a disclosure statement telling
                                                       you about the plan, and you may have the opportunity to vote on the plan. You will receive notice
                                                       of the date of the confirmation hearing, and you may object to confirmation of the plan and attend
                                                       the confirmation hearing. Unless a trustee is serving, the debtor will remain in possession of the
                                                       property and may continue to operate its business.
 11. Discharge of debts                                Confirmation of a chapter 11 plan may result in a discharge of debts, which may include all or part
                                                       of your debt. See 11 U.S.C. § 1141(d). A discharge means that creditors may never try to collect
                                                       the debt from the debtor except as provided in the plan. If you want to have a particular debt owed
                                                       to you excepted from the discharge and § 523(c) applies to your claim, you must start a judicial
                                                       proceeding by filing a complaint and paying the filing fee in the bankruptcy clerk’s office by the
                                                       deadline.
 12. Creditors Generally May Not Take                  Prohibited collection actions are listed in Bankruptcy Code § 362. Common examples of prohibited
     Certain Actions                                   actions include contacting the debtors by telephone, mail, or otherwise to demand repayment;
                                                       taking actions to collect money or obtain property from the Debtors; repossessing the Debtors’
                                                       property; and starting or continuing lawsuits or foreclosures.




Official Form 309F1 (For Corporations or Partnerships)           Notice of Chapter 11 Bankruptcy Case                                      page 2
RLF1 28013139V.1


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