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Certificate of No Objection, Second Monthly Fee Application of Jones Day — Kabbage Chapter 11 (D. Del.)

Summary

A Certificate of No Objection filed January 24, 2023 as Doc 486 in the jointly administered Chapter 11 cases of Kabbage, Inc. d/b/a KServicing, et al., Case No. 22-10951 (CTG), in the U.S. Bankruptcy Court for the District of Delaware. It concerns the second monthly fee application of Jones Day, special counsel to the debtors, for November 1, 2022 through November 30, 2022, filed January 3, 2023 at Docket No. 400. The certificate states that no answer or objection was received by the January 23, 2023 deadline. Under the Interim Compensation Order entered October 21, 2022 [Docket No. 136], the debtors may pay 80% of the fees and 100% of the expenses without a further order. Exhibit A lists fees requested of $64,092.50, expenses of $66,042.03, and fees authorized to be paid of $51,274.00.

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                   Case 22-10951-CTG             Doc 486         Filed 01/24/23       Page 1 of 4




                               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)
                                                             :
                                                             :         (Jointly Administered)
                             1
                  Debtors.                                   :
------------------------------------------------------------ x         Re: Docket No. 400

           CERTIFICATE OF NO OBJECTION REGARDING THE SECOND
        MONTHLY APPLICATION OF JONES DAY, SPECIAL COUNSEL TO THE
         DEBTORS, FOR ALLOWANCE OF COMPENSATION FOR SERVICES
      RENDERED AND FOR REIMBURSEMENT OF EXPENSES FOR PERIOD FROM
      NOVEMBER 1, 2022 THROUGH NOVEMBER 30, 2022 (NO ORDER REQUIRED)

          The undersigned hereby certifies that, as of the date hereof, she has received no answer,

objection or other responsive pleading with respect to the second monthly fee application for

compensation and reimbursement of expenses (the “Monthly Application”) of Jones Day (the

“Applicant”). The Monthly Application was filed with the United States Bankruptcy Court for

the District of Delaware (the “Court”) on January 3, 2023. The undersigned further certifies that

she has reviewed the Court’s docket in these cases and no answer, objection or other responsive

pleading to the Monthly Application appears thereon. Pursuant to the Notice of Fee Application

that was attached to the Monthly Application, objections to the Monthly Application were to be

filed and served no later than January 23, 2023 at 4:00 p.m. (ET).




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.



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                   Case 22-10951-CTG    Doc 486     Filed 01/24/23     Page 2 of 4




        The Monthly Application was filed and served in accordance with the Order Establishing

Procedures for Interim Compensation and Reimbursement of Expenses of Professionals, entered

October 21, 2022 [Docket No. 136] (the “Interim Compensation Order”). Pursuant to the

Interim Compensation Order, the above-captioned debtors and debtors in possession are

authorized to pay the Applicant eighty percent (80%) of the fees and one hundred percent (100%)

of the expenses requested in the Monthly Application upon the filing of this certification without

the need for a further order of the Court. A summary of the fees and expenses sought by the

Applicant is annexed hereto as Exhibit A.




                                                2
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                   Case 22-10951-CTG   Doc 486     Filed 01/24/23   Page 3 of 4




 Dated: January 24, 2023
        Wilmington, Delaware
                                       /s/ Huiqi Liu
                                       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)
                                       Huiqi Liu (No. 6850)
                                       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
                                               liu@rlf.com

                                       -and-

                                       WEIL, GOTSHAL & MANGES LLP
                                       Ray C. Schrock, Esq. (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




                                               3
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                   Case 22-10951-CTG          Doc 486      Filed 01/24/23     Page 4 of 4




                                                EXHIBIT A

                                       Professional Fees and Expenses
                                          Monthly Fee Application

       Applicant           Fee          Total Fees     Total      Objection   Amount of    Amount of
                       Application      Requested    Expenses     Deadline       Fees       Expenses
                      Period, Filing                 Requested                Authorized   Authorized
                      Date, Docket                                            to be Paid   to be Paid
                           No.                                                 @ 80%        @ 100%
        Jones Day       11/1/22 –       $64,092.50   $66,042.03    1/23/23    $51,274.00   $66,042.03
                        11/30/22
        (Special
       Counsel to        1/3/23
      the Debtors)
                       Docket No.
                          400




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