Pandemic Darlings The pandemic economy, in original documents
Home Source documents Exhibit List of Customers Bank for March 20, 2023 Hearing — In re Kabbage, Inc. (Bankr. D. Del.)

Exhibit List of Customers Bank for March 20, 2023 Hearing — In re Kabbage, Inc. (Bankr. D. Del.)

Date
2023-03-20

Summary

The Exhibit List of Customers Bank for a March 20, 2023 hearing in In re Kabbage, Inc. d/b/a KServicing, et al., Case No. 22-10951 (CTG), a jointly administered Chapter 11 case in the U.S. Bankruptcy Court for the District of Delaware, filed March 16, 2023 as Doc 692. It relates to the debtors' motion for an order enforcing the settlement order and settlement agreement between KServicing and Customers Bank [D.I. 340]. The list names 14 exhibits, including a reconciliation summary of the settlement payment, emails dated from August 28, 2021 to November 14, 2022, a Synovus borrower repayment account analysis, a glossary of ACH return codes, a KGB settlement analysis and a trial balance. Customers Bank reserves the right to introduce other record documents. The list is signed by Sullivan Hazeltine Allinson LLC, with Holland & Knight LLP also listed as counsel to Customers Bank.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Full text

                   Case 22-10951-CTG          Doc 692   Filed 03/16/23    Page 1 of 3




                         IN THE UNITED STATES BANKRUPTCY COURT
                              FOR THE DISTRICT OF DELAWARE

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

                            EXHIBIT LIST OF CUSTOMERS BANK FOR
                             MARCH 20, 2023 HEARING AT 10:00 A.M.

             In connection with the Motion of Debtors for Entry of an Order Enforcing the Settlement

Order and the Settlement Agreement Between KServicing and Customers Bank [D.I. 340] and set

to be heard by the Court on March 20, 2023 (the “Hearing”), Customers Bank respectfully submits

the Exhibit List below to be considered at the Hearing. Customers Bank reserves the right to

introduce at the Hearing documents that are part of the record of the above-captioned chapter 11

cases, including pleadings and other documents filed on the docket, as well as to introduce any

document, or to rebut the testimony of witnesses or evidence presented by any other part, or for

impeachment.

                                               EXHIBITS:

    No.                                       Document Description
    1         Reconciliation Summary provided by Customers Bank to KServicing representing
              Customers Bank’s calculation of the Settlement Payment at the end of the
              reconciliation period, or November 9, 2022

    2         Email from Donna Evans, dated November 4, 2022 re: KServing Update # 1



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 692     Filed 03/16/23    Page 2 of 3




 No.                                   Document Description
 3      Email from Donna Evans, dated November 4, 2022 re KServing Update # 3, includes
        Synovus bank statements

 4      K Servicing Synovus borrower repayment account analysis, dated October 3, 2022

 5      Email from Donna Evans, dated November 4, 2022 re KServing Update # 2

 6      Email from Michele L Vervlied, dated August 28, 2021 re: ACH cancelled

 7      Email from Donna Evans, dated November 4, 2022 re KServing Update # 5

 8      Email from Jeremy Sternberg, dated November 3, 2022 re CUBI/KS Reconciliation
        Efforts

 9      Email from Candace M. Arthur, November 9, 2022 re request for information

 10     Email from Donna Evans, dated November 14, 2022 re KServicing Follow up:
        Updated cancelled loan analysis

 11     Email chain involving Customers Bank and KServicing re Kabbage – SBA inquiry

 12     Glossary of ACH Return Codes

 13     KGB Settlement Analysis

 14     Email from Donna Evans dated November 9, 2022 attaching Trial Balance


       Exhibits 1 through 12 are attached to the Notice of Filing Proposed Redacted Version of

the Declaration of Alyssa White in Support of Opposition of Customer’s Bank to Debtor’s Motion

for an Order Enforcing the Settlement Order and Settlement Agreement Between KServicing and

Customers Bank [DI 370].

Dated: March 16, 2023                      SULLIVAN · HAZELTINE · ALLINSON LLC
       Wilmington, Delaware
                                           /s/ William A. Hazeltine
                                           William D. Sullivan (No. 2820)
                                           William A. Hazeltine (No. 3294)
                                           919 North Market Street, Suite 420
                                           Wilmington, DE 19801
                                           Tel: (302) 428-8191
                                           Email: bsullivan@sha-llc.com
                                                   whazeltine@sha-llc.com

                                              2
Case 22-10951-CTG   Doc 692   Filed 03/16/23   Page 3 of 3




                          and

                       HOLLAND & KNIGHT LLP
                       John J. Monaghan (admitted pro hac vice)
                       Jeremy M. Sternberg (admitted pro hac vice)
                       Lynne B. Xerras (pro hac vice forthcoming)
                       10 St. James Avenue
                       Boston, MA 02116
                       Telephone: 617-523-2700
                       Facsimile: 617-523-685
                       john.monaghan@hklaw.com
                       jeremy.sternberg@hkaw.com
                       lynne.xerras@hklaw.com

                       Counsel to Customers Bank




                          3


File and source

File
gov.uscourts.deb.188293.692.0.pdf
Size
200,245 bytes
SHA-256
f6111e6773d6fb17de4f7f216ae883101212df22a09441652c08bf4ef9574d5c
Our copy
gov.uscourts.deb.188293.692.0.pdf
Original
archive.org
Back to top