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Notice of Omnibus Objection and Hearing (Doc. 491-1) — In re Kabbage, Inc. d/b/a KServicing (Bankr. D. Del.)

Date
2023-02-15

Summary

A Notice of Omnibus Objection and Hearing filed January 27, 2023 as Doc 491-1 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 gives notice that the debtors filed the Debtors' First Omnibus Objection (Substantive) to Certain Misclassified Claims and that affected claims may be reclassified. The notice sets a response deadline of February 15, 2023 at 4:00 p.m. and lists what a written response must contain. It states that any unresolved response will be heard before the Honorable Craig T. Goldblatt on February 27, 2023 at 10:00 a.m., and that the objection may be sustained without a hearing if no response is filed. The four-page notice is signed by Richards, Layton & Finger, P.A. and Weil, Gotshal & Manges LLP as attorneys for the debtors.

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Full text

                   Case 22-10951-CTG            Doc 491-1        Filed 01/27/23        Page 1 of 4




    PLEASE CAREFULLY REVIEW THIS OBJECTION AND THE ATTACHMENTS HERETO
         TO DETERMINE WHETHER THIS OBJECTION AFFECTS YOUR CLAIM.

                               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)
                                                           :
                                                           :
                                   1
                        Debtors.                           :      (Jointly Administered)
                                                           :
                                                                  Obj. Deadline: February 15, 2023 at 4:00 p.m. (ET)
---------------------------------------------------------- x      Hearing Date: February 27, 2023 at 10:00 a.m. (ET)

                        NOTICE OF OMNIBUS OBJECTION AND HEARING

                    PLEASE TAKE NOTICE that, on January 27, 2023, 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 Debtors’ First Omnibus Objection

(Substantive) to Certain Misclassified Claims (the “Objection”) with the United States

Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). Your claim(s) may

be reclassified as a result of the Objection. Therefore, you should read the attached

Objection carefully.

                    PLEASE TAKE FURTHER NOTICE THAT YOUR RIGHTS MAY BE

AFFECTED BY THE OBJECTION AND BY ANY FURTHER CLAIM OBJECTION

THAT MAY BE FILED BY THE DEBTORS. THE RELIEF SOUGHT HEREIN IS



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.




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                   Case 22-10951-CTG      Doc 491-1    Filed 01/27/23   Page 2 of 4




WITHOUT PREJUDICE TO THE DEBTORS’ RIGHT TO PURSUE FURTHER

OBJECTIONS AGAINST YOUR CLAIM(S) SUBJECT TO THE OBJECTION IN

ACCORDANCE WITH APPLICABLE LAW AND APPLICABLE ORDERS OF THE

BANKRUPTCY COURT.

                    PLEASE TAKE FURTHER NOTICE that if the holder of a claim that is the subject

of the Objection wishes to respond to the Objection, the holder must file a written response (each

a “Response”) with: (a) the Office of the Clerk of the United States Bankruptcy Court for the

District of Delaware, 824 North Market Street, 3rd Floor, Wilmington, Delaware 19801;

(b) Richards, Layton & Finger, P.A., One Rodney Square, 920 North King Street, Wilmington,

Delaware 19801, Attn: Zachary I. Shapiro (shapiro@rlf.com) and Amanda R. Steele

(steele@rlf.com); and (c) Weil, Gotshal & Manges LLP, 767 Fifth Avenue, New York, New

York 10153, Attn: Natasha S. Hwangpo (natasha.hwangpo@weil.com), Elizabeth Ruocco

(elizabeth.ruocco@weil.com), and Lauren Castillo (lauren.castillo@weil.com) on or before

February 15, 2023 at 4:00 p.m. (Prevailing Eastern Time).

                    PLEASE TAKE FURTHER NOTICE that Responses to the Objection must

contain, at minimum, the following: (a) a caption setting forth the name of the Bankruptcy Court,

the name of the Debtor, the case number, and the title of the Objection to which the Response is

directed; (b) the name of the claimant, the claim number, and a description of the basis for the

amount of the claim; (c) the specific factual basis and supporting legal argument upon which the

party will reply in opposing the Objection; (d) all documentation and other evidence in support of

the claim, not previously filed with the Bankruptcy Court or the claims agent, upon which the

claimant will rely in opposing the Objection; and (e) the name, address, telephone number, fax

number, and/or email address of the person(s) (which may be the claimant or the claimant’s legal




                                                  2
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                   Case 22-10951-CTG     Doc 491-1      Filed 01/27/23    Page 3 of 4




representative) with whom counsel for the Debtors should communicate with respect to the claim

subject to the Objection and who possesses authority to reconcile, settle, or otherwise resolve the

objection to the claim on behalf of the claimant.

                    PLEASE TAKE FURTHER NOTICE that if no Response to the Objection is timely

filed and received in accordance with the above procedures, an order may be entered sustaining

the Objection without further notice or a hearing. If a Response is properly filed, served, and

received in accordance with the above procedures and such Response is not resolved, a hearing to

consider such Response and the Objection will be held before the Honorable Craig T. Goldblatt,

United States Bankruptcy Judge for the District of Delaware, at the Bankruptcy Court, 824 North

Market Street, 3rd Floor, Courtroom 7, Wilmington, Delaware 19801 on February 27, 2023 at

10:00 a.m. (Prevailing Eastern Time) (the “Hearing”). Only a Response made in writing and

timely filed will be considered by the Bankruptcy Court at the Hearing.

                    IF YOU FAIL TO RESPOND IN ACCORDANCE WITH THIS NOTICE,

THE BANKRUPTCY COURT MAY SUSTAIN THE OBJECTION WITHOUT FURTHER

NOTICE OR HEARING.




                                                    3
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                   Case 22-10951-CTG    Doc 491-1    Filed 01/27/23    Page 4 of 4




Dated: January 27, 2023
       Wilmington, Delaware


                                       /s/ Matthew P. Milana
                                       RICHARDS, LAYTON & FINGER, P.A.
                                       Daniel J. DeFranceschi, Esq. (No. 2732)
                                       Amanda R. Steele (No. 5530)
                                       Zachary I. Shapiro (No. 5103)
                                       Matthew P. Milana (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 (admitted pro hac vice)
                                       Candace M. Arthur (admitted pro hac vice)
                                       Natasha S. Hwangpo (admitted pro hac vice)
                                       Chase A. Bentley (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




                                                 4
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