Kabbage - Notice of RLF 2nd Monthly Fee App
- Date
- 2022-11-01
Summary
A notice of fee application filed January 4, 2023 as Doc 407-1 in In re Kabbage, Inc. d/b/a KServicing, et al., Case No. 22-10951 (CTG), jointly administered Chapter 11 cases in the U.S. Bankruptcy Court for the District of Delaware. It states that Richards, Layton & Finger, P.A. filed its Second Monthly Application, as co-counsel to the debtors, for compensation and reimbursement of expenses from November 1, 2022 through November 30, 2022. Objections must be filed under the Interim Compensation Order of October 21, 2022 [Docket No. 136] by 4:00 p.m. on January 24, 2023. If none are filed, the notice states, the applicant may file a certificate of no objection, after which the debtors may pay 80% of the fees and 100% of the expenses without further order. It is signed by Richards, Layton & Finger, P.A., with a Weil, Gotshal & Manges LLP signature block, as attorneys for the debtors.
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Full text
Case 22-10951-CTG Doc 407-1 Filed 01/04/23 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)
:
: (Jointly Administered)
1
Debtors. :
: Obj. Deadline: Jan. 24, 2023 at 4:00 p.m. (ET)
------------------------------------------------------------ x
NOTICE OF FEE APPLICATION
PLEASE TAKE NOTICE that Richards, Layton & Finger, P.A. (the
“Applicant”) has today filed the attached Second Monthly Application of Richards, Layton &
Finger, P.A. for Allowance of Compensation for Services Rendered and for Reimbursement of
Expenses as Co-Counsel to the Debtors for the Period from November 1, 2022 through
November 30, 2022 (the “Application”) with the United States Bankruptcy Court for the District
of Delaware (the “Court”).
PLEASE TAKE FURTHER NOTICE that objections to the Application, if any,
must be made in accordance with the Order Establishing Procedures for Interim Compensation
and Reimbursement of Expenses of Professionals, dated October 21, 2022 [Docket No. 136] (the
“Interim Compensation Order”), and must be filed with the Clerk of the Court, 824 North
Market Street, 3rd Floor, Wilmington, Delaware 19801 no later than 4:00 p.m. (prevailing
Eastern Time) on January 24, 2023 (the “Objection Deadline”) and served upon and received
by: (i) the Debtors, c/o Kabbage, Inc. d/b/a KServicing, 925B Peachtree Street NE, Suite 383,
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 28417802v.1
Case 22-10951-CTG Doc 407-1 Filed 01/04/23 Page 2 of 3
Atlanta, GA 30309 (Attn: Holly Loiseau, General Counsel (hloiseau@kservicecorp.com));
(b) counsel for the Debtors, (i) Weil, Gotshal & Manges LLP, 767 Fifth Avenue, New York, NY
10153 (Attn: Candace M. Arthur (candace.arthur@weil.com), Natasha S. Hwangpo
(natasha.hwangpo@weil.com), and Chase A. Bentley (chase.bentley@weil.com)) and
(ii) Richards, Layton & Finger, P.A., One Rodney Square, 920 North King Street, Wilmington,
DE 19801 (Attn: Daniel J. DeFranceschi (defranceschi@rlf.com), Amanda R. Steele
(steele@rlf.com), and Zachary I. Shapiro (shapiro@rlf.com)); and (c) the Office of the United
States Trustee for the District of Delaware, 844 King Street, Suite 2207, Wilmington, DE 19801
(Attn: Richard L. Schepacarter (richard.schepacarter@usdoj.gov) and Rosa Sierra-Fox
(rosa.sierra-fox@usdoj.gov)).
PLEASE TAKE FURTHER NOTICE that if no objections to the Application are
filed prior to the Objection Deadline, the Applicant may file a certificate of no objection with the
Court, after which the Debtors shall be authorized by the Interim Compensation Order to pay the
Applicant an amount equal to 80% of the fees and 100% of the expenses requested in the
Application without the need for further order of the Court.
PLEASE TAKE FURTHER NOTICE that if an objection to the Application is
filed prior to the Objection Deadline, the Debtors shall be authorized by the Interim
Compensation Order to pay the Applicant 80% of the fees and 100% of the expenses requested
in the Application not subject to such objection without the need for further order of the Court.
2
RLF1 28417802v.1
Case 22-10951-CTG Doc 407-1 Filed 01/04/23 Page 3 of 3
Dated: January 4, 2023
Wilmington, Delaware
/s/ Matthew P. Milana
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-
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
Attorneys for Debtors
and Debtors in Possession
3
RLF1 28417802v.1
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- gov.uscourts.deb.188293.407.1.pdf
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- Original
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