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Joint Administration Order

Date
2022-10-04

Summary

Exhibit A to the debtors' joint administration motion, a proposed Order Pursuant to Fed. R. Bankr. P. 1015(b) Directing Joint Administration of Related Chapter 11 Cases, filed October 4, 2022 as Doc 40-1 in Case No. 22-10951 (CTG) in the United States Bankruptcy Court for the District of Delaware. It captions six Chapter 11 cases: Kabbage, Inc., Kabbage Canada Holdings, LLC, Kabbage Asset Securitization LLC, Kabbage Asset Funding 2017-A LLC, Kabbage Asset Funding 2019-A LLC and Kabbage Diameter, LLC. Acting on the motion dated October 3, 2022, the order would consolidate the cases for procedural purposes only under Case No. 22-10951 (CTG), without substantive consolidation. It sets the joint caption In re Kabbage, Inc. d/b/a KServicing, et al., and directs a docket entry in each affiliated case.

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Full text

                   Case 22-10951-CTG   Doc 40-1   Filed 10/04/22   Page 1 of 5




                                          Exhibit A

                                 Joint Administration Order




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                             UNITED STATES BANKRUPTCY COURT
                                  DISTRICT OF DELAWARE

------------------------------------------------------------ x
In re                                                        :       Chapter 11
                                                             :
KABBAGE, INC.,                                               :       Case No. 22-10951 (CTG)
                                                             :
                  Debtor.                                    :       Ref. Docket No. 3
                                                             :
Tax I.D. No. 36-4973937                                      :
------------------------------------------------------------ x
In re                                                        :       Chapter 11
                                                             :
KABBAGE CANADA HOLDINGS, LLC,                                :       Case No. 22-10952 (CTG)
                                                             :
                  Debtor.                                    :
                                                             :
Tax I.D. No. N/A                                             :
------------------------------------------------------------ x
In re                                                        :       Chapter 11
                                                             :
KABBAGE ASSET SECURITIZATION                                 :       Case No. 22-10953 (CTG)
LLC,                                                         :
                  Debtor.                                    :
                                                             :
Tax I.D. No. N/A                                             :
------------------------------------------------------------ x
In re                                                        :       Chapter 11
                                                             :
KABBAGE ASSET FUNDING 2017-A                                 :       Case No. 22-10954 (CTG)
LLC,                                                         :
                  Debtor.                                    :
                                                             :
Tax I.D. No. 61-1854803                                      :
------------------------------------------------------------ x
In re                                                        :       Chapter 11
                                                             :
KABBAGE ASSET FUNDING 2019-A                                 :       Case No. 22-10955 (CTG)
LLC,                                                         :
                  Debtor.                                    :
                                                             :
Tax I.D. No. 83-4698973                                      :
------------------------------------------------------------ x




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------------------------------------------------------------ x
In re                                                        :       Chapter 11
                                                             :
KABBAGE DIAMETER, LLC,                                       :       Case No. 22-10956 (CTG)
                                                             :
                  Debtor.                                    :
                                                             :
Tax I.D. No. N/A                                             :
------------------------------------------------------------ x

               ORDER PURSUANT TO FED. R. BANKR. P. 1015(b)
      DIRECTING JOINT ADMINISTRATION OF RELATED CHAPTER 11 CASES

                    Upon the motion, dated October 3, 2022 (the “Motion”)1 of Kabbage, Inc. d/b/a

KServicing and its debtor affiliates, as debtors and debtors in possession in the Chapter 11 Cases

(collectively, the “Debtors”), for entry of an order pursuant to Bankruptcy Rule 1015(b) and Local

Rule 1015-1 directing joint administration of the Chapter 11 Cases, all as more fully set forth in

the Motion; and this Court having jurisdiction to consider the Motion and the relief requested

therein pursuant to 28 U.S.C. §§ 157(a)–(b) and 1334(b), and the Amended Standing Order of

Reference from the United States District Court for the District of Delaware, dated February 29,

2012; and consideration of the Motion and the requested relief being a core proceeding pursuant

to 28 U.S.C. § 157(b); and venue being proper before this Court pursuant to 28 U.S.C. §§ 1408

and 1409; and due and proper notice of the Motion having been provided; and such notice having

been adequate and appropriate under the circumstances, and it appearing that no other or further

notice need be provided; and this Court having reviewed the Motion; and upon any hearing held

on the Motion (the “Hearing”); and upon the First Day Declaration and the record of the Hearing;

and this Court having determined that the legal and factual bases set forth in the Motion establish

just cause for the relief granted herein; and it appearing that the relief requested in the Motion is



1
  Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to such terms
in the Motion.


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in the best interests of the Debtors and their respective estates and creditors; and after due

deliberation and sufficient cause appearing therefor,

                    IT IS HEREBY ORDERED THAT

                    1.     The Motion is granted to the extent set forth herein.

                    2.     The above-captioned chapter 11 cases are consolidated for procedural

purposes only and shall be jointly administered by the Court under Case No. 22-10951 (CTG).

                    3.     Nothing contained in this Order shall be deemed or construed as directing

or otherwise affecting the substantive consolidation of any of the above-captioned cases, the

Debtors, or the Debtors’ estates.

                    4.      The caption of the jointly administered cases should read as follows:

                             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)
                                                             :
                                                             :
                  Debtors. 1                                 :       (Jointly Administered)
------------------------------------------------------------ x
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.

                    5.     A docket entry shall be made in each of the above-captioned cases (other

than the chapter 11 case of Kabbage, Inc. d/b/a KServicing) substantially as follows:

                    An order has been entered in this case directing the procedural
                    consolidation and joint administration of the Chapter 11 Cases of
                    Kabbage, Inc. d/b/a KServicing, et al. The docket in Case No. 22-
                    10951 (CTG) should be consulted for all matters affecting this case.


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                    6.   The Debtors are authorized to take all action necessary to effectuate the

relief granted in this Order.

                    7.   This Court shall retain jurisdiction to hear and determine all matters arising

from or related to the implementation, interpretation, or enforcement of this Order.




                                                   4
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