KServicing - Plan Supplement As Filed
Summary
Exhibit A to the KServicing plan supplement, filed February 21, 2023 as Doc 561-1 in Case 22-10951-CTG, is an Assumption Schedule of executory contracts and unexpired leases that Kabbage, Inc. d/b/a KServicing proposes to assume for use by the Wind Down Estates in both the PPP Transfer scenario and the Post-Effective Date Servicing scenario. Counterparties include 730 Midtown SVP, LLC for a lease dated March 1, 2022 for the Atlanta office, insurers such as AIG Specialty Insurance and National Union Fire Insurance Company of Pittsburgh, PA, and vendors including Okta, Salesforce.com, Tableau Software and zendesk. Proposed cure amounts are listed as $15,445 for Salesforce.com and $1,613 for Tableau, with none shown for the rest. A footnote says the schedule is filed for informational purposes and counterparties will receive separate notice of the objection deadline.
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- Date
- 2023-02-21
Cite this document
“KServicing - Plan Supplement As Filed.”
Original at archive.org, dated 2023-02-21. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2023-02-21-kservicing-bankruptcy-1bcd305b-1/
, SHA-256 1bcd305ba4f6e15230dbf56cfce55de18895600198b1f2548a5e61b9093971eb.Full text
Case 22-10951-CTG Doc 561-1 Filed 02/21/23 Page 1 of 4
EXHIBIT A
Assumption Schedule
Case 22-10951-CTG Doc 561-1 Filed 02/21/23 Page 2 of 4
Assumption Schedule1
Proposed Cure Unique
Counterparty Debtor Contract Description
Amount ($) ID
730 Midtown SVP, LLC Kabbage, Inc. d/b/a Lease Agreement dated March 1, 2022 for Atlanta Office $ – 3210
KServicing
AIG Specialty Insurance Kabbage, Inc. d/b/a Cyber Liability Policy 01-772-15-46 $ – 3213
Company KServicing
Atlantic Speciality Insurance Kabbage, Inc. d/b/a Liability and Property Insurance Policy 712-00-86-50-0009 $ – 3222
Company KServicing
Berkshire Hathaway Kabbage, Inc. d/b/a First Side A DIC D/O Liability Policy 47-EPF-323700-01 $ – 3228
Specialty Insurance Company KServicing
Cobbs Allen Capital, LLC Kabbage, Inc. d/b/a Excess Side A - D/O Policy AS5EX00271-221 $ – 3256
(Producer) KServicing
Endurance American Kabbage, Inc. d/b/a Excess Cyber Liability Policy PVX30004806801 $ – 3281
Insurance Company KServicing
Everest Insurance Kabbage, Inc. d/b/a Excess Side A - D/O Policy AS5EX00271-221 $ – 3283
KServicing
Insperity PEO Services L.P. Kabbage Asset Workforce Optimization Agreement by and between $ – 3456
Funding 2017-A Insperity PEO Services L.P. and Kabbage Asset Funding
LLC 2017-A LLC signed November 16, 2020
Marsh USA Inc. (Producer) Kabbage, Inc. d/b/a Liability and Property Insurance Policy 712-00-86-50-0009 $ – 3338
KServicing
Marsh USA Inc. (Producer) Kabbage, Inc. d/b/a Cyber Liability Policy 01-772-15-46 $ – 3339
KServicing
Marsh USA Inc. (Producer) Kabbage, Inc. d/b/a Excess Cyber Liability Policy PVX30004806801 $ – 3340
KServicing
1
This Assumption Schedule contains executory contracts and unexpired leases proposed to be assumed by the Debtors for use
by the Wind Down Estates in both the PPP Transfer scenario and the Post-Effective Date Servicing scenario. In the event
the Debtors elect to pursue the PPP Transfer scenario, the Debtors reserve the right to file a proposed assumption schedule
identifying additional executory contracts and unexpired leases to be assumed and assigned to third parties, as applicable.
Alternatively, in the event the Debtors elect to pursue the Post-Effective Date Servicing scenario, the Debtors reserve the
right to file a proposed assumption schedule identifying additional executory contracts and unexpired leases to be assumed
for the benefit of the Wind Down Estates. This Assumption Schedule is being filed for informational
purposes. Counterparties to any contracts or leases that are proposed to be assumed pursuant to the Plan will receive separate
notice of the deadline to object to such assumption and the related cure amount.
Case 22-10951-CTG Doc 561-1 Filed 02/21/23 Page 3 of 4
Proposed Cure Unique
Counterparty Debtor Contract Description
Amount ($) ID
Marsh USA Inc. (Producer) Kabbage, Inc. d/b/a D/O 2nd Layer Policy 02-778-00-05 $ – 3341
KServicing
Marsh USA Inc. (Producer) Kabbage, Inc. d/b/a Attorney Liability Policy 02-778-00-04 $ – 3342
KServicing
MorganFranklin Consulting, Kabbage, Inc. d/b/a Master Services Agreement dated October 5, 2020 and any $ – 3353
LLC KServicing Work Order or Amendments thereto
National Union Fire Kabbage, Inc. d/b/a D/O 2nd Layer Policy 02-778-00-05 $ – 3356
Insurance Company of KServicing
Pittsburgh, PA
National Union Fire Kabbage, Inc. d/b/a Attorney Liability Policy 02-340-96-05 $ – 3357
Insurance Company of KServicing
Pittsburgh, PA
Okta Kabbage, Inc. d/b/a Service Agreement Order Form Q-371017 signed October $ – 3366
KServicing 22, 2020 and Q-481140 signed October 8, 2021 and any
Amendments or Addendums thereto
Option 1 Partners LLC Kabbage, Inc. d/b/a Client Service Agreement effective July 9, 2021 and any $ – 3367
KServicing Addendums, Amendments, or Rate Letters thereto
QBE Insurance Corporation Kabbage, Inc. d/b/a Excess Side A-D/O Policy 130003257 $ – 3378
KServicing
ReliaQuest, LLC Kabbage, Inc. d/b/a Order #: Q-01509 effective February 1, 2022 $ – 3384
KServicing
Sage Intacct, Inc. f/k/a Intacct Kabbage, Inc. d/b/a Agreement dated September 17, 2014 and assigned by $ – 3388
Corporation KServicing American Express Kabbage Inc. to Kabbage, Inc. and all
Amendments, Addendums, Work Orders, Statements of
Work
Salesforce.com, Inc Kabbage, Inc. d/b/a Master Subscription Agreement dated June 6, 2020 and all $ 15,445 3390
KServicing Amendments, Addendums, and Order Forms
Tableau Software, LLC Kabbage, Inc. d/b/a Tableau Order Number: 5428986 signed February 28, 2022 $ 1,613 3403
KServicing
TrustArc USA Kabbage, Inc. d/b/a Quote and Order Quote Number QTE00057011 contract $ – 3413
KServicing start date March 23, 2022
Vaco LLC Kabbage, Inc. d/b/a Client Services Agreement effective October 15, 2020 and $ – 3422
KServicing any Addendums or Amendments thereto
2
Case 22-10951-CTG Doc 561-1 Filed 02/21/23 Page 4 of 4
Proposed Cure Unique
Counterparty Debtor Contract Description
Amount ($) ID
XL Speciality Insurance Kabbage, Inc. d/b/a D/O 1st Layer Policy ELU170896-20 $ – 3447
Company KServicing
zendesk Kabbage, Inc. d/b/a Statement of Work dated February 24, 2021 and all $ – 3448
KServicing Amendments, Addendums, and Service Orders therein
3
File and source
- File
- gov.uscourts.deb.188293.561.1.pdf
- Size
- 156,476 bytes
- SHA-256
- 1bcd305ba4f6e15230dbf56cfce55de18895600198b1f2548a5e61b9093971eb
- Original
- archive.org