Post-confirmation Report Chapter 11
- Issuer
- UNITED STATES BANKRUPTCY COURT
- Document type
- Report
- Date
- 2021-12-01
- Case
- Kservicing Bankruptcy
- Case number
- 22-10951
Summary
A Chapter 11 Post-confirmation Report on UST Form 11-PCR for Kabbage, Inc. d/b/a KServicing Wind Down Corp. in the U.S. Bankruptcy Court for the District of Delaware, Case No. 22-10951, for the quarter ending 03/31/2026. It was filed April 23, 2026 as Doc 1202. Part 1 reports total cash disbursements of $694,576 for the quarter and $16,355,761 since the plan effective date. Part 2 itemizes bankruptcy professional fees of $18,639,232, including Weil, Gotshal & Manges LLP as lead counsel and AlixPartners LLP as financial professional, and nonbankruptcy fees of $1,343,928 for special counsel firms. Part 3 lists allowed claims, including $246,770,917 in general unsecured claims and $25,155,720 in secured claims. The report is signed by the Wind Down Officer and filed by Morris James LLP.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
Full text
Case 22-10951-CTG Doc 1202 Filed 04/23/26 Page 1 of 10
UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF DELAWARE
In re: Kabbage, Inc. d/b/a KServicing Wind Down § Case No. 22-10951
Corp. §
Lead Case No. 22-10951
§
Debtor(s) § Jointly Administered
Post-confirmation Report Chapter 11
Quarter Ending Date: 03/31/2026 Petition Date: 10/03/2022
Plan Confirmed Date:03/15/2023 Plan Effective Date: 06/20/2023
This Post-confirmation Report relates to: Reorganized Debtor
Other Authorized Party or Entity:
Name of Authorized Party or
Entity
/s/ Brya M. Keilson Brya M. Keilson
Signature of Responsible Party Printed Name of Responsible Party
04/23/2026
Morris James LLP
Date 3205 Avenue North Blvd., Suite 100
Wilmington, DE 19803
Address
STATEMENT: This Periodic Report is associated with an open bankruptcy case; therefore, Paperwork Reduction Act exemption 5 C.F.R. §
1320.4(a)(2) applies.
UST Form 11-PCR (12/01/2021) 1
Case 22-10951-CTG Doc 1202 Filed 04/23/26 Page 2 of 10
Debtor's Name Kabbage, Inc. d/b/a KServicing Wind Down Corp. Case No. 22-10951
Part 1: Summary of Post-confirmation Transfers
Total Since
Current Quarter Effective Date
a. Total cash disbursements $694,576 $16,355,761
b. Non-cash securities transferred $0 $0
c. Other non-cash property transferred $0 $0
d. Total transferred (a+b+c) $694,576 $16,355,761
Part 2: Preconfirmation Professional Fees and Expenses
Approved Approved Paid Current Paid
Current Cumulative Quarter Cumulative
a. Professional fees & expenses (bankruptcy)
$0 $18,639,232 $0 $18,639,232
incurred by or on behalf of the debtor Aggregate Total
Itemized Breakdown by Firm
Firm Name Role
i AlixPartners LLP Financial Professional $0 $4,195,285 $0 $4,195,285
ii Omni Agent Solutions Other $0 $1,222,414 $0 $1,222,414
iii Richards Layton & Finger, P.A Local Counsel $0 $2,128,521 $0 $2,128,521
iv Weil, Gotshal & Manges LLP Lead Counsel $0 $11,093,012 $0 $11,093,012
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UST Form 11-PCR (12/01/2021) 2
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Approved Approved Paid Current Paid
Current Cumulative Quarter Cumulative
b. Professional fees & expenses (nonbankruptcy)
$0 $1,343,928 $0 $1,343,928
incurred by or on behalf of the debtor Aggregate Total
Itemized Breakdown by Firm
Firm Name Role
i Dentons US LLP Special Counsel $0 $225,594 $0 $225,594
ii GREENBERG TRAURIG, LLP Special Counsel $0 $476,307 $0 $476,307
iii Jones Day Special Counsel $0 $572,179 $0 $572,179
iv Alston & Bird LLP Special Counsel $0 $29,965 $0 $29,965
v Jamila Hall Law LLC Special Counsel $0 $39,883 $0 $39,883
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c. All professional fees and expenses (debtor & committees) $0 $0 $0 $0
Part 3: Recoveries of the Holders of Claims and Interests under Confirmed Plan
Total
Anticipated % Paid of
Payments Paid Current Allowed
Under Plan Quarter Paid Cumulative Allowed Claims Claims
a. Administrative claims $0 $0 $38,000 $38,000 100%
b. Secured claims $0 $0 $0 $25,155,720 0%
c. Priority claims $0 $0 $0 $8,946 0%
d. General unsecured claims $0 $0 $0 $246,770,917 0%
e. Equity interests $0 $0 $0
Part 4: Questionnaire
a. Is this a final report? Yes No
If yes, give date Final Decree was entered:
If no, give date when the application for Final Decree is anticipated:
b. Are you current with quarterly U.S. Trustee fees as set forth under 28 U.S.C. § 1930? Yes No
UST Form 11-PCR (12/01/2021) 7
Case 22-10951-CTG Doc 1202 Filed 04/23/26 Page 8 of 10
Debtor's Name Kabbage, Inc. d/b/a KServicing Wind Down Corp. Case No. 22-10951
Privacy Act Statement
28 U.S.C. § 589b authorizes the collection of this information and provision of this information is mandatory. The United
States Trustee will use this information to calculate statutory fee assessments under 28 U.S.C. § 1930(a)(6) and to otherwise
evaluate whether a reorganized chapter 11 debtor is performing as anticipated under a confirmed plan. Disclosure of this
information may be to a bankruptcy trustee when the information is needed to perform the trustee's duties, or to the
appropriate federal, state, local, regulatory, tribal, or foreign law enforcement agency when the information indicates a
violation or potential violation of law. Other disclosures may be made for routine purposes. For a discussion of the types
of routine disclosures that may be made, you may consult the Executive Office for United States Trustee's systems of
records notice, UST-001, "Bankruptcy Case Files and Associated Records." See 71 Fed. Reg. 59,818 et seq. (Oct. 11, 2006).
A copy of the notice may be obtained at the following link: http://www.justice.gov/ust/eo/rules_regulations/index.htm.
Failure to provide this information could result in the dismissal or conversion of your bankruptcy case, or other action by
the United States Trustee. 11 U.S.C. § 1112(b)(4)(F).
I declare under penalty of perjury that the foregoing Post-confirmation Report and its attachments, if any,
are true and correct and that I have been authorized to sign this report.
/s/ Jeremiah Foster Jeremiah Foster
Signature of Responsible Party Printed Name of Responsible Party
Wind Down Officer 04/23/2026
Title Date
UST Form 11-PCR (12/01/2021) 8
Case 22-10951-CTG Doc 1202 Filed 04/23/26 Page 9 of 10
Debtor's Name Kabbage, Inc. d/b/a KServicing Wind Down Corp. Case No. 22-10951
Page 1
Other Page 1
Page 2 Minus Tables
Bankruptcy Table 1-50
UST Form 11-PCR (12/01/2021) 9
Case 22-10951-CTG Doc 1202 Filed 04/23/26 Page 10 of 10
Debtor's Name Kabbage, Inc. d/b/a KServicing Wind Down Corp. Case No. 22-10951
Bankruptcy Table 51-100
Non-Bankruptcy Table 1-50
Non-Bankruptcy Table 51-100
Part 3, Part 4, Last Page
UST Form 11-PCR (12/01/2021) 10
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- Original
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