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Exhibit A — Order — Extending the Deadline by Which the Debtors May Remove Civil Actions — Kabbage, Inc. d/b/a KServicing (Doc 284-2)

Date
2022-11-23

Summary

A proposed order filed November 23, 2022 as Doc 284-2, labeled Exhibit A, 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. The proposed order would grant the Debtors' motion to extend the deadline to file notices of removal of civil actions under Bankruptcy Rule 9027(a) by 120 days, through and including May 3, 2023. It recites jurisdiction under 28 U.S.C. §§ 157(a)–(b) and 1334(b) and venue under 28 U.S.C. §§ 1408 and 1409. It would provide that the order is without prejudice to any position the Debtors may take on whether section 362 of the Bankruptcy Code applies to stay litigation, or to their right to seek a further extension, and that the court would retain jurisdiction over its implementation.

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Cite this document

“Exhibit A — Order — Extending the Deadline by Which the Debtors May Remove Civil Actions — Kabbage, Inc. d/b/a KServicing (Doc 284-2).” Original at archive.org, dated 2022-11-23. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2022-11-23-kservicing-bankruptcy-b1022e44-1/, SHA-256 b1022e44bb30829ed2d6a6bbd3128cda9bde050e610698023f86cbca3348dbaa.

Full text

               Case 22-10951-CTG   Doc 284-2   Filed 11/23/22   Page 1 of 3




                                      Exhibit A

                                    Proposed Order




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                 Case 22-10951-CTG              Doc 284-2        Filed 11/23/22        Page 2 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)
                                                             :
                                                             :
                        Debtors. 1                           :         (Jointly Administered)
                                                             :
                                                             :         Re: Docket No. __
------------------------------------------------------------ x
                          ORDER (I) EXTENDING THE DEADLINE
                         BY WHICH THE DEBTORS MAY REMOVE
                   CIVIL ACTIONS, AND (II) GRANTING RELATED RELIEF

                   Upon the motion (the “Motion”) 2 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 (i) extending the deadline by which the Debtors may file

notices of removal under Bankruptcy Rule 9027(a) (the “Removal Deadline”) by 120 days from

the current deadline, through and including May 3, 2023, and (ii) granting related relief, all as

more fully set forth in the Motion; and the 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



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.
2
    Capitalized terms used but not defined herein shall have the respective meanings ascribed to such terms in the
    Motion.




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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 upon any hearing to consider the relief requested

in the Motion, if necessary; and upon the First Day Declaration and the record of the Hearing, if

any; 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 in the best interests of the Debtors, their estates, creditors, and all parties in interest; and

upon all of the proceedings had before the Court 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 Removal Deadline is extended through and including May 3, 2023.

                    3.    This Order shall be without prejudice to (i) any position the Debtors may

take regarding whether section 362 of the Bankruptcy Code applies to stay any litigation pending

against the Debtors or (ii) the Debtors’ right to seek a further extension of the Removal Deadline.

                    4.    Notwithstanding entry of this Order, nothing herein shall create, nor is

intended to create, any rights in favor of or enhance the status of any claim held by any party.

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

relief granted in this Order.

                    6.    The Court shall retain jurisdiction to hear and determine all matters arising

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




                                                    2

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gov.uscourts.deb.188293.284.2.pdf
Size
232,559 bytes
SHA-256
b1022e44bb30829ed2d6a6bbd3128cda9bde050e610698023f86cbca3348dbaa
Our copy
gov.uscourts.deb.188293.284.2.pdf
Original
archive.org
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