Exhibit 1: Stipulation — In re Kabbage, Inc. d/b/a KServicing (Case 22-10951-CTG, Doc 430-1)

Summary

Stipulation to extend Paul Pietschner's deadline to file a complaint to determine dischargeability of debt, Exhibit 1, Doc 430-1 in Case No. 22-10951 (CTG), the jointly administered chapter 11 cases of Kabbage, Inc. d/b/a KServicing, et al., in the U.S. Bankruptcy Court for the District of Delaware, filed January 10, 2023. The Debtors and Pietschner stipulate that the deadline under 11 U.S.C. § 523(c), stated as January 9, 2023, is extended through the date twenty-one days following entry of an order confirming any plan, without prejudice to Pietschner's right to seek additional extensions. It recites that the Debtors filed voluntary petitions on October 3, 2022. The signature blocks include /s/ Zachary I. Shapiro and /s/ Robert J. Dehney.

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Date: 2023-01-10

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“Exhibit 1: Stipulation — In re Kabbage, Inc. d/b/a KServicing (Case 22-10951-CTG, Doc 430-1).” Original at archive.org, dated 2023-01-10. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2023-01-10-kservicing-bankruptcy-578a8e11-1/, SHA-256 578a8e11a46d0bf0ab76b82e88e5d7e047f10ca92da4991e588ebfaf35315d1e.

Full text

Case 22-10951-CTG Doc 430-1 Filed 01/10/23 Page 1 of 4

Exhibit 1

Stipulation
Case 22-10951-CTG Doc 430-1 Filed 01/10/23 Page 2 of 4

UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE

In re:
Chapter 11
KABBAGE, INC. d/b/a KSERVICING, et
Case No. 22-10951 (CTG)
al.,1
(Jointly Administered)
Debtors.

STIPULATON TO EXTEND PAUL PIETSCHNER’S DEADLINE TO
FILE A COMPLAINT TO DETERMINE DISCHARGEABILITY OF DEBT

The above-captioned debtors (collectively, the “Debtors”) and Paul Pietschner

(“Pietschner,” and together with the Debtors, the “Parties”) enter into this stipulation to extend

the deadline to file a complaint to determine the dischargeability of debt under 11 U.S.C. § 523.

The Parties stipulate as follows:

1. Pietschner is the relator in a proceeding commenced under the False Claims Act, 31 U.S.C.

Sec. 3729 et seq, which remains under seal.

2. On October 3, 2022 (the “Petition Date”), the Debtors filed their voluntary petitions for

relief under chapter 11 of the title 11 of the United States Code.

3. On November 10, 2022, the meeting of creditors pursuant to 11 U.S.C. § 341 was

scheduled and conducted (the “341 Meeting”).

4. Pursuant to Federal Rule of Bankruptcy Procedure 4007(c), a party in interest may file a

complaint under 11 U.S.C. § 523(c) within sixty days after the first date set for the 341 Meeting.

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) (the “Company”); 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 430-1 Filed 01/10/23 Page 3 of 4

5. Accordingly, the deadline for filing a complaint under 11 U.S.C. § 523(c) is January 9,

2023 (the “Nondischargeability Deadline”).

NOW, THEREFORE, the Parties agree as follows:

1. The Nondischargeability Deadline for Paul Pietschner to file a complaint to determine the

dischargeability of debt under 11 U.S.C. § 523(c) shall be extended through and including the date

which is twenty-one days following the entry of an order confirming any plan.

2. Any extension of the Nondischargeability Deadline is without prejudice to Paul

Pietschner's right to seek additional extensions and the Debtors’ rights, objections, or defenses related

thereto.

3. This stipulation may be executed in counterparts, each of which shall be deemed an original

and such counterparts shall together constitute a single agreement. Any signature, including an

electronic signature, transmitted by facsimile or electronic mail shall be deemed an original signature

to this Stipulation.

2
Case 22-10951-CTG Doc 430-1 Filed 01/10/23 Page 4 of 4

/s/ Zachary I. Shapiro /s/ Robert J. Dehney
RICHARDS, LAYTON & FINGER, P.A. MORRIS, NICHOLS, ARSHT & TUNNELL LLP
Daniel J. DeFranceschi (No. 2732) Robert J. Dehney (No. 3578)
Amanda R. Steele (No. 5530) 1201 North Market Street, 16th Floor
Zachary I. Shapiro (No. 5103) P.O. Box 1347
Matthew P. Milana (No. 6681) Wilmington, DE 19899-1347
One Rodney Square Tel: 302.351.9353
920 North King Street Fax: 302.425.4673
Wilmington, Delaware 19801 rdehney@morrisnichols.com
Telephone: (302) 651-7700
E-mail: defranceschi@rlf.com -and-
steele@rlf.com
shapiro@rlf.com GOLDBERG KOHN LTD
milana@rlf.com Randall L. Klein
William C. Meyers
-and- 55 East Monroe, Suite 3300
Chicago, Illinois 60603
WEIL, GOTSHAL & MANGES LLP Tel: 312.201.4000
Ray C. Schrock, P.C. (admitted pro hac vice) Fax: 312.863.7419
Candace M. Arthur (admitted pro hac vice) wcm@goldbergkohn.com
Natasha S. Hwangpo (admitted pro hac vice)
Chase A. Bentley (admitted pro hac vice) Counsel for Paul Pietschner
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

Counsel for Debtors and Debtors-in-
Possession

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