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Order Granting Kservicing Wind Down Corp’S

Date
2025-07-08

Summary

An order entered July 8, 2025 as Doc 1168 in In re KServicing Wind Down Corp., et al., Case No. 22-10951 (CTG), jointly administered Chapter 11 cases in the U.S. Bankruptcy Court for the District of Delaware. Relating to Docket No. 1156, the order grants KServicing Wind Down Corp's (Non-Substantive) Objection to Google LLC's Proof of Claim No. 128, citing jurisdiction under 28 U.S.C. §§ 157 and 1334. It sustains the objection, reduces the Google claim to exclude invoices addressed to a non-debtor entity, and allows the claim as a general unsecured claim of $90,000. It authorizes the claims agent Stretto to update the Claims Register and retains the Court's jurisdiction over implementation. The two-page order bears the signature block of U.S. Bankruptcy Judge Craig T. Goldblatt.

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Full text

                 Case 22-10951-CTG             Doc 1168         Filed 07/08/25         Page 1 of 2




                        IN THE UNITED STATES BANKRUPTCY COURT
                             FOR THE DISTRICT OF DELAWARE

In re:                                                       Chapter 11

KServicing Wind Down Corp., et al.,1                         Case No. 22-10951 (CTG)

               Post-Confirmation Debtors.                    (Jointly Administered)

                                                             Re: Docket No. 1156


                   ORDER GRANTING KSERVICING WIND DOWN CORP’S
                   (NON-SUBSTANTIVE) OBJECTION TO GOOGLE LLC’S
                              PROOF OF CLAIM NO. 128

          The Court has considered KServicing Wind Down Corp’s (Non-Substantive) Objection to

Google LLC’s Proof of Claim No. 128 (“Objection”); the Court having reviewed the Objection;

the Court having reviewed the Foster Declaration2; and the Court finding that (a) the Court has

jurisdiction over this matter pursuant to 28 U.S.C. §§ 157 and 1334, (b) this is a core proceeding

pursuant to 28 U.S.C. § 157(b)(2), and (c) notice of the Objection and of the hearing on the

Objection was sufficient under the circumstances and in full compliance with the requirements of

the Bankruptcy Code, the Bankruptcy Rules and the Local Rules; and the Court having determined

that the legal and factual bases set forth in the Objection establish just cause for the relief granted

herein;

          IT IS HEREBY ORDERED THAT:

          1.       The Objection to the Google Claim is SUSTAINED.


1
  The post-confirmation debtors in these chapter 11 cases, along with the last four digits of each debtor’s federal tax
identification number, as applicable, are: KServicing Wind Down Corp. (f/k/a Kabbage, Inc. d/b/a KServicing) (3937);
KServicing Wind Down Canada Holdings LLC (f/k/a Kabbage Canada Holdings, LLC) (N/A); KServicing Wind
Down Asset Securitization LLC (f/k/a Kabbage Asset Securitization LLC) (N/A); KServicing Wind Down Asset
Funding 2017-A LLC (f/k/a Kabbage Asset Funding 2017-A LLC) (4803); KServicing Wind Down Asset Funding
2019-A LLC (f/k/a Kabbage Asset Funding 2019-A LLC) (8973); and KServicing Wind Down Diameter LLC (f/k/a
Kabbage Diameter, LLC) (N/A). The Debtors’ mailing and service address is KServicing Wind Down Corp. c/o
Resolute Commercial Services, 6750 E. Camelback Road, Suite 103, Scottsdale, AZ 85251.
2
  Capitalized terms not defined herein shall have the meaning ascribed to them in the Objection.


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               Case 22-10951-CTG         Doc 1168      Filed 07/08/25     Page 2 of 2




          2.    The Google Claim is reduced to exclude those invoices addressed to a non-debtor

entity.

          3.    The Google Claim is allowed as a general unsecured claim in the amount of

$90,000.

          4.    Stretto, KServicing WD’s noticing and claims agent, is authorized to update the

Claims Register to reflect the relief granted in this Order.

          5.    The Wind Down Officer, the Claims Agent, and the Clerk of this Court are

authorized to take any and all actions that are necessary or appropriate to give effect to this Order.

          6.    The terms and conditions of this Order shall be immediately effective and

enforceable upon its entry.

          7.    This Court retains jurisdiction with respect to all matters arising from or related to

the implementation of this Order.




   Dated: July 8th, 2025                  CRAIG T. GOLDBLATT
   Wilmington, Delaware                   UNITED STATES BANKRUPTCY JUDGE




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gov.uscourts.deb.188293.1168.0.pdf
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179,044 bytes
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Our copy
gov.uscourts.deb.188293.1168.0.pdf
Original
archive.org
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