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Kabbage - Notice of Motion to Enforce re CUBI

Date
2022-12-21

Full text

RLF1 28327048v.1
IN THE UNITED STATES BANKRUPTCY COURT
FOR THE 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)

:

:
Obj. Deadline: December 21, 2022 at 4:00 p.m. (ET)

:
Hearing Date: January 6, 2023 at 10:00 a.m. (ET)
------------------------------------------------------------ x

NOTICE OF MOTION AND HEARING
PLEASE TAKE NOTICE that, on December 7, 2022, 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”), filed the Motion of Debtors for Entry of an Order
Enforcing the Settlement Order and the Settlement Agreement Between KServicing and Customers
Bank (the “Motion”) with the United States Bankruptcy Court for the District of Delaware (the
“Court”).
PLEASE TAKE FURTHER NOTICE that objections or responses to the relief
requested in the Motion, if any, must be made in writing and filed with the Court on or before
December 21, 2022 at 4:00 p.m. (prevailing Eastern Time).
PLEASE TAKE FURTHER NOTICE that the hearing with respect to the Motion,
if required, will be held before The Honorable Craig T. Goldblatt at the Court, 824 North Market
Street, 3rd Floor, Courtroom 7, Wilmington, Delaware 19801 on January 6, 2023 at 10:00 a.m.

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.
Case 22-10951-CTG    Doc 340-1    Filed 12/07/22    Page 1 of 3

2
RLF1 28327048v.1
(prevailing Eastern Time).
PLEASE TAKE FURTHER NOTICE THAT, IF NO OBJECTIONS TO THE
MOTION ARE TIMELY FILED, SERVED AND RECEIVED IN ACCORDANCE WITH
THIS NOTICE, THE COURT MAY GRANT THE RELIEF REQUESTED IN THE
MOTION WITHOUT FURTHER NOTICE OR HEARING.

Case 22-10951-CTG    Doc 340-1    Filed 12/07/22    Page 2 of 3

3
RLF1 28327048v.1
Dated: December 7, 2022
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

Case 22-10951-CTG    Doc 340-1    Filed 12/07/22    Page 3 of 3

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