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Home Source documents Amended Notice of Agenda for January 6, 2023 Hearing — In re Kabbage, Inc. d/b/a KServicing (Bankr. D. Del.)

Amended Notice of Agenda for January 6, 2023 Hearing — In re Kabbage, Inc. d/b/a KServicing (Bankr. D. Del.)

Summary

An amended notice of agenda, Doc 419, filed January 6, 2023 by the debtors in In re Kabbage, Inc. d/b/a KServicing, et al., Case No. 22-10951 (CTG), in the U.S. Bankruptcy Court for the District of Delaware, for a hearing that day before Judge Craig T. Goldblatt. It lists three resolved sealing motions, two by Customers Bank and one by the debtors, each resolved by an order entered before the hearing. It lists the debtors' motion to enforce the settlement order and settlement agreement with Customers Bank (Docket No. 340) as continued, adjourned to a date to be determined. For Customers Bank's motion to compel compliance and require additional adequate protection (Docket No. 336), it states the parties resolved the matter and asked to cancel the hearing. Debtors' counsel Richards, Layton & Finger, P.A. and Weil, Gotshal & Manges LLP sign it.

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                   Case 22-10951-CTG             Doc 419         Filed 01/06/23       Page 1 of 7




                               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)
                                                             :
                                                             :
                  Debtors.   1
                                                             :         (Jointly Administered)
------------------------------------------------------------ x

             AMENDED 2 NOTICE OF AGENDA FOR HEARING SCHEDULED
           FOR JANUARY 6, 2023 AT 10:00 A.M. (PREVAILING EASTERN TIME),
           BEFORE THE HONORABLE CRAIG T. GOLDBLATT, AT THE UNITED
           STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE

       THE HEARING WILL BE HELD IN-PERSON IN JUDGE GOLDBLATT’S
     COURTROOM. ALL PARTIES, INCLUDING WITNESSES, ARE EXPECTED TO
        ATTEND IN PERSON UNLESS PERMITTED TO APPEAR VIA ZOOM.
       APPEARANCES AT IN-PERSON COURT PROCEEDINGS USING ZOOM ARE
     ALLOWED ONLY IN THE FOLLOWING CIRCUMSTANCES: (I) A PARTY WHO
        FILES A RESPONSIVE PLEADING INTENDS TO MAKE ONLY A LIMITED
      ARGUMENT; (II) A PARTY WHO HAS NOT SUBMITTED A PLEADING BUT IS
    INTERESTED IN OBSERVING THE HEARING; (III) A PARTY WHO HAS A GOOD
     FAITH HEALTH-RELATED REASON AND HAS OBTAINED PERMISSION FROM
      JUDGE GOLDBLATT’S CHAMBERS TO APPEAR REMOTELY, OR (IV) OTHER
     EXTENUATING CIRCUMSTANCES AS DETERMINED BY JUDGE GOLDBLATT.
                        IF YOU INTEND TO APPEAR VIA ZOOM, YOU ARE
                             REQUIRED TO REGISTER IN ADVANCE.
                PLEASE USE THE FOLLOWING ZOOM REGISTRATION LINK:
https://debuscourts.zoomgov.com/meeting/register/vJItceqoqzIoHsKcu7PAh-E-2bbvzKQTync




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.
2
    Amended items appear in bold.


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                   Case 22-10951-CTG       Doc 419      Filed 01/06/23    Page 2 of 7




I.       RESOLVED MATTERS:

1.       Motion of Customers Bank for Authorization to File Under Seal Exhibits A and C to the
         Declaration of Alyssa White in Support of the Motion of Customers Bank for Entry of an
         Order (I) Compelling Compliance with Court Approved Settlement Agreement and
         Order; (II) Requiring Additional Adequate Protection in Favor of Customers Bank; and
         (III) Granting Related Relief [Docket No. 338 – filed December 7, 2022]

         Objection/Response Deadline:           December 21, 2022 at 4:00 p.m. (ET); extended by
                                                agreement to December 28, 2022 for the Office of
                                                the United States Trustee (the “U.S. Trustee”)

         Objections/Responses Received:

         A.        Informal comments received from the U.S. Trustee

         Related Documents:

         i.        Certification of Counsel Regarding Motion of Customers Bank for Authorization
                   to File Under Seal Exhibits A and C to the Declaration of Alyssa White in
                   Support of the Motion of Customers Bank for Entry of an Order (I) Compelling
                   Compliance with Court Approved Settlement Agreement and Order;
                   (II) Requiring Additional Adequate Protection in Favor of Customers Bank; and
                   (III) Granting Related Relief [Docket No. 383 – filed December 28, 2022]

         ii.       Order Approving Motion of Customers Bank for Authorization to Seal Exhibits A
                   and C to the Declaration of Alyssa White in Support of the Motion of Customers
                   Bank for Entry of an Order (I) Compelling Compliance with Court Approved
                   Settlement Agreement and Order; (II) Requiring Additional Adequate Protection
                   in Favor of Customers Bank; and (III) Granting Related Relief [Docket No. 387 –
                   entered December 29, 2022]

         Status: On December 29, 2022, the Court entered an order resolving this matter.
                 Accordingly, a hearing with respect to this matter is no longer necessary.

2.       Debtors’ Motion for Entry of an Order Authorizing the Debtors to File Under Seal
         Certain Exhibits to the Declarations in Support of Motion to Enforce [Docket No. 351 –
         filed December 9, 2022]

         Objection/Response Deadline:           December 23, 2022 at 4:00 p.m. (ET)

         Objections/Responses Received:         None.

         Related Documents:

         i.        Certificate of No Objection Regarding Debtors’ Motion for Entry of an Order
                   Authorizing the Debtors to File Under Seal Certain Exhibits to the Declarations in
                   Support of Motion to Enforce [Docket No. 380 – filed December 27, 2022]

                                                   2
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         ii.       Order Authorizing the Debtors to File Under Seal Certain Exhibits to the
                   Declarations in Support of the Motion to Enforce [Docket No. 381 – entered
                   December 28, 2022]

         Status: On December 28, 2022, the Court entered an order resolving this matter.
                 Accordingly, a hearing with respect to this matter is no longer necessary.

3.       Motion of Customers Bank for Authorization to File Under Seal Exhibits 3, 3(a), 6, 8,
         and 9 to the Declaration of Alyssa White in Support of Opposition of Customers Bank to
         Debtor’s Motion for an Order Enforcing the Settlement Order and Settlement Agreement
         Between KServicing and Customers Bank [Docket No. 359 – filed December 21, 2022]

         Objection/Response Deadline:           December 29, 2022 at 4:00 p.m. (ET)

         Objections/Responses Received:         None.

         Related Documents:

         i.        Certificate of No Objection Regarding the Motion of Customers Bank for
                   Authorizing to File Under Seal Exhibits 3, 3(a), 6, 8, and 9 to the Declaration of
                   Alyssa White in Support of Opposition of Customers Bank to Debtor’s Motion for
                   an Order Enforcing the Settlement Order and Settlement Agreement Between
                   KServicing and Customers Bank [Docket No. 393 – filed December 30, 2022]

         ii.       Order Approving Motion of Customers Bank for Authorization to File Under Seal
                   Exhibits 3, 3(a), 6, 8, and 9 to the Declaration of Alyssa White in Support of
                   Opposition of Customers Bank to Debtor’s Motion for an Order Enforcing the
                   Settlement Order and Settlement Agreement Between KServicing and Customers
                   Bank [Docket No. 402 – entered January 4, 2023]

         Status: On January 4, 2023, the Court entered an order resolving this matter.
                 Accordingly, a hearing with respect to this matter is no longer necessary.

II.      CONTINUED MATTER:

4.       Motion of Debtors for Entry of an Order Enforcing the Settlement Order and the
         Settlement Agreement Between KServicing and Customers Bank [Docket No. 340 – filed
         December 7, 2022]

         Objection/Response Deadline:           December 21, 2022 at 4:00 p.m. (ET)

         Objections/Responses Received:

         A.        Opposition of Customers Bank to Debtors’ Motion for Entry of an Order
                   Enforcing the Settlement Order and the Settlement Agreement Between
                   KServicing and Customers Bank [Docket No. 356 – filed December 21, 2022]




                                                   3
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                   i.     [Sealed] Declaration of Alyssa White in Support of Opposition of
                          Customers Bank to Debtors’ Motion for Entry of an Order Enforcing the
                          Settlement Order and the Settlement Agreement Between KServicing and
                          Customers Bank [Docket No. 358 – filed December 21, 2022]

         Related Documents:

         i.        Order (I) Authorizing and Approving Settlement Agreement Between KServicing
                   and Customers Bank and (II) Granting Related Relief [Docket No. 232 – entered
                   November 9, 2022]

         ii.       [Sealed] Declaration of Tamica M. Williams in Support of Motion of Debtors for
                   Entry of an Order Enforcing the Settlement Order and the Settlement Agreement
                   Between KServicing and Customers Bank [Docket No. 341 – filed December 7,
                   2022]

         iii.      [Sealed] Declaration of Donna R. Evans in Support of Motion of Debtors for
                   Entry of an Order Enforcing the Settlement Order and the Settlement Agreement
                   Between KServicing and Customers Bank [Docket No. 342 – filed December 7,
                   2022]

         iv.       Notice of Adjourned Hearing to Consider Motion of Debtors for Entry of an
                   Order Enforcing the Settlement Order and the Settlement Agreement Between
                   KServicing and Customers Bank [Docket No. 401 – filed January 3, 2023]

         Status: The hearing on this matter has been adjourned to a date to be determined.

III.     MATTER GOING FORWARD:

5.       Motion of Customers Bank for Entry of an Order (I) Compelling Compliance with Court
         Approved Settlement Agreement and Order; (II) Requiring Additional Adequate
         Protection in Favor of Customers Bank; and (III) Granting Related Relief [Docket No.
         336 – filed December 7, 2022]

         Objection/Response Deadline:          December 21, 2022 at 4:00 p.m. (ET)

         Objections/Responses Received:

         A.        Debtors’ Objection to Motion of Customers Bank for Entry of an Order
                   (I) Compelling Compliance with Court Approved Settlement Agreement and
                   Order; (II) Requiring Additional Adequate Protection in Favor of Customers
                   Bank; and (III) Granting Related Relief [Docket No. 355 – filed December 21,
                   2022]

                   i.     Declaration of Tamica M. Williams in Support of Debtors’ Objection to
                          Motion of Customers Bank for Entry of an Order (I) Compelling
                          Compliance with Court Approved Settlement Agreement and Order;
                          (II) Requiring Additional Adequate Protection in Favor of Customers

                                                  4
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                          Bank; and (III) Granting Related Relief [Docket No. 357 – filed December
                          21, 2022]

         Related Documents:

         i.        Order (I) Authorizing and Approving Settlement Agreement Between KServicing
                   and Customers Bank and (II) Granting Related Relief [Docket No. 232 – entered
                   November 9, 2022]

         ii.       [Sealed] Declaration of Alyssa White in Support of Motion of Customers Bank
                   for Entry of an Order (I) Compelling Compliance with Court Approved
                   Settlement Agreement and Order; (II) Requiring Additional Adequate Protection
                   in Favor of Customers Bank; and (III) Granting Related Relief [Docket No. 337 –
                   filed December 7, 2022]

                    a.    Notice of Filing of Proposed Redacted Version of Exhibits A and C to the
                          Declaration of Alyssa White in Support of Motion of Customers Bank for
                          Entry of an Order (I) Compelling Compliance with Court Approved
                          Settlement Agreement and Order; (II) Requiring Additional Adequate
                          Protection in Favor of Customers Bank; and (III) Granting Related Relief
                          [Docket No. 339 – filed December 7, 2022]

                    b.    Re-Notice of Filing of Proposed Redacted Version of Exhibits A and C to
                          the Declaration of Alyssa White in Support of Motion of Customers Bank
                          for Entry of an Order (I) Compelling Compliance with Court Approved
                          Settlement Agreement and Order; (II) Requiring Additional Adequate
                          Protection in Favor of Customers Bank; and (III) Granting Related Relief
                          [Docket No. 382 – filed December 28, 2022]

         iii.      Customers Bank’s Reply to the Debtors’ Objection to Motion of Customers
                   Bank for Entry of an Order (I) Compelling Compliance with Court
                   Approved Settlement Agreement and Order; (II) Requiring Additional
                   Adequate Protection in Favor of Customers Bank; and (III) Granting
                   Related Relief [Docket No. 408 – filed January 5, 2023]

                    a.    Declaration of Alyssa White in Support of Reply of Customers Bank
                          to Debtors’ Objection to Motion of Customers Bank for Entry of an
                          Order (I) Compelling Compliance with Court Approved Settlement
                          Agreement and Order; (II) Requiring Additional Adequate Protection
                          in Favor of Customers Bank; and (III) Granting Related Relief
                          [Docket No. 409 – filed January 5, 2023]

         Witness Information:

         i.        Customers Bank’s Witness List for January 6, 2023 Hearing [Docket No. 411
                   – filed January 5, 2023]



                                                  5
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         ii.       Debtors’ Witness List for January 6, 2023 Hearing [Docket No. 412 – filed
                   January 5, 2023]

         Exhibit Information:

         i.        Customers Bank’s Exhibit List for January 6, 2023 Hearing [Docket No. 410
                   – filed January 5, 2023]

         ii.       Debtors’ Exhibit List for January 6, 2023 Hearing [Docket No. 413 – filed
                   January 5, 2023]

         Status: The parties have resolved this matter and intend to submit a stipulation and
                 agreed form of order under certification of counsel. As a result, the parties
                 have requested permission from the Court to cancel the hearing.




                                                6
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                   Case 22-10951-CTG   Doc 419     Filed 01/06/23   Page 7 of 7




Dated: January 6, 2023
       Wilmington, Delaware
                                       /s/ Amanda R. Steele
                                       RICHARDS, LAYTON & FINGER, P.A.
                                       Daniel J. DeFranceschi, Esq. (No. 2732)
                                       Amanda R. Steele, Esq. (No. 5530)
                                       Zachary I. Shapiro, Esq. (No. 5103)
                                       Matthew P. Milana, Esq. (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, P.C. (admitted pro hac vice)
                                       Candace M. Arthur, Esq. (admitted pro hac vice)
                                       Natasha S. Hwangpo, Esq. (admitted pro hac vice)
                                       Chase A. Bentley, Esq. (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




                                               7
RLF1 28430626v.1

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