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Home Court filings Kservicing Bankruptcy Certificate of No Objection Regarding Motion… — In re KServicing Wind Down Corp., et al…

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Certificate of No Objection Regarding Motion… — In re KServicing Wind Down Corp., et al. (f/k/a Kabbage,… (Dkt. 125)

Summary

A certificate of no objection filed October 20, 2022 as Doc 125 in In re Kabbage, Inc. d/b/a KServicing, et al., Case No. 22-10951 (CTG), the jointly administered chapter 11 cases in the United States Bankruptcy Court for the District of Delaware. The certificate states that the Debtors received no answer, objection or other responsive pleading to their motion for entry of interim and final orders authorizing them to continue insurance policies and pay all obligations with respect to them, and granting related relief [Docket No. 7], filed October 3, 2022. It states that no objection appeared on the Court's docket and that any objection to the final relief was due by October 19, 2022 at 4:00 p.m. prevailing Eastern Time. It asks that an order substantially in the form attached as Exhibit A be entered. The filing is three pages.

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No. 22-10951 · Doc. 125 · Docket on CourtListener

Full text

                   Case 22-10951-CTG             Doc 125         Filed 10/20/22       Page 1 of 3




                               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)
                                                             :
                                                             :
                             1
                  Debtors.                                   :         (Jointly Administered)
                                                             :
                                                             :         Re: Docket Nos. 7, 72 & 81
------------------------------------------------------------ x

       CERTIFICATE OF NO OBJECTION REGARDING MOTION OF DEBTORS
    FOR ENTRY OF INTERIM AND FINAL ORDERS (I) AUTHORIZING (A) DEBTORS
      TO CONTINUE INSURANCE POLICIES, AND (B) PAY ALL OBLIGATIONS
         WITH RESPECT THERETO, AND (II) GRANTING RELATED RELIEF

           The undersigned hereby certifies that Kabbage, Inc. d/b/a KServicing and its debtor

affiliates, as debtors and debtors in possession in the above-captioned chapter 11 cases

(collectively, the “Debtors”), have received no answer, objection or any other responsive pleading

with respect to the Motion of Debtors for Entry of Interim and Final Orders (I) Authorizing

(A) Debtors to Continue Insurance Policies, and (B) Pay All Obligations with Respect Thereto,

and (II) Granting Related Relief [Docket No. 7] (the “Motion”) filed by the Debtors with the

United States Bankruptcy Court for the District of Delaware (the “Court”) on October 3, 2022.

The undersigned further certifies that no answer, objection or other responsive pleading to the

Motion has appeared on the Court’s docket in the above-captioned chapter 11 cases. Pursuant to

the Interim Order (I) Authorizing Debtors to (A) Continue Insurance Policies, and (B) Pay All




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.



RLF1 28121052v.1
                   Case 22-10951-CTG    Doc 125      Filed 10/20/22    Page 2 of 3




Obligations with Respect Thereto, and (II) Granting Related Relief [Docket No. 72] and the Notice

of (A) Entry of Interim Order (I) Authorizing Debtors to (A) Continue Insurance Policies, and

(B) Pay all Obligations with Respect Thereto, and (II) Granting Related Relief; and (B) Final

Hearing Thereon [Docket No. 81], any objection or response to the final relief requested in the

Motion was to be filed and served no later than October 19, 2022 at 4:00 p.m. (prevailing Eastern

Time).

         WHEREFORE, the Debtors respectfully request that an order, substantially in the form

attached hereto as Exhibit A, be entered at the earliest convenience of the Court.


 Dated: October 20, 2022
        Wilmington, Delaware
                                         /s/ Amanda R. Steele
                                         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-




                                                 2
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                   Case 22-10951-CTG   Doc 125    Filed 10/20/22   Page 3 of 3




                                       WEIL, GOTSHAL & MANGES LLP
                                       Ray C. Schrock, P.C. (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

                                       Proposed Attorneys for Debtors
                                       and Debtors in Possession




                                              3
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