Order Disallowing Claims 112 and 122 — KServicing Wind Down

Summary

An Order Approving the Satisfaction of and Disallowing Claim 112 and Claim 122 as Satisfied, filed July 8, 2025 as Doc 1167 in In re: KServicing Wind Down Corp., et al., Case No. 22-10951 (CTG), jointly administered Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware. The order is entered upon a certification of counsel submitted for KServicing Wind Down Corporation and its affiliates, as successors to Kabbage, Inc. d/b/a KServicing. It sustains the Third Claim Objection as to Claim No. 112 and the Fourth Claim Objection as to Claim No. 122, stating that each claim has been reduced and the reduced amount satisfied. It authorizes the debtors and their claims and noticing agent to update the claims register and retains the Court's jurisdiction. The order is signed by United States Bankruptcy Judge Craig T. Goldblatt.

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 1167        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)
                                                            (Jointly Administered)
                 Post-Confirmation Debtors.
                                                            Re: Docket No. 1053, 1054

                   ORDER APPROVING THE SATISFACTION OF AND
                DISALLOWING CLAIM 112 AND CLAIM 122 AS SATISFIED

         Upon the certification of counsel regarding the Certification of Counsel Regarding the

Satisfaction of Claim 112 and Claim 122 submitted by counsel for KServicing Wind Down

Corporation (“KServicing WD”) and its affiliates, as successors to Kabbage, Inc. d/b/a KServicing

(“KServicing”); and this Court being able to issue a final order consistent with Article III of the

United States Constitution; and venue of this Chapter 11 Case in this district being proper pursuant

to 28 U.S.C. §§ 1408 and 1409; and this matter being a core proceeding pursuant to 28 U.S.C. §

157(b); and it appearing that sufficient notice has been given; and after due deliberation; and good

and sufficient cause appearing therefor;

         IT IS HEREBY ORDERED THAT:

         1.       The Third Claim Objection as to Claim No. 112 is sustained, Claim No. 112 has

been reduced and the reduced amount has been satisfied.

         2.       The Fourth Claim Objection as to Claim No. 122 is sustained, Claim No. 122 has

been reduced and the reduced amount has been satisfied.


   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: 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 925B Peachtree Street NE, Suite 383, Atlanta, GA 30309.



17265772/4
              Case 22-10951-CTG           Doc 1167       Filed 07/08/25    Page 2 of 2




         3.     The Debtors and their claims and noticing agent are authorized to take all actions

necessary to effectuate the relief granted pursuant to this Order, including updating the claims

register to reflect the relief granted herein.

         4.     The Court shall retain jurisdiction over the Parties hereto with respect to this Order

including, without limitation, for the purposes of interpreting, implementing, and enforcing its

terms.

         5.     Notwithstanding anything to the contrary, the terms and conditions of this Order

are immediately effective and enforceable upon its entry.

         6.     The Court shall retain jurisdiction with respect to all matters arising from or related

to the implementation or interpretation of this Order.




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




                                                 2
17265772/4


File and source

File

gov.uscourts.deb.188293.1167.0.pdf

Size

101,440 bytes

SHA-256

f5ec88ab38fdeda62fb5c2170de916add724cd0aa4514093c566db7d9888ccd9

Our copy

gov.uscourts.deb.188293.1167.0.pdf

Original

archive.org