Order Approving Stipulation with Corporation Service Company

Summary

An order of the U.S. Bankruptcy Court for the District of Delaware filed February 15, 2023 as Doc 537 in the jointly administered Chapter 11 cases of Kabbage, Inc. d/b/a KServicing, et al., Case No. 22-10951 (CTG). It approves a stipulation between the Debtors and Corporation Service Company disallowing a certain claim solely for voting purposes, a copy of which is referenced as Exhibit 1. The court finds the agreement in the best interests of the Debtors, their estates and creditors, and orders that the stipulation is effective immediately upon entry. The court retains jurisdiction over implementation and interpretation, and the order is signed by United States Bankruptcy Judge Craig T. Goldblatt.

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Full text

                   Case 22-10951-CTG              Doc 537        Filed 02/15/23        Page 1 of 2




                              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)
                                                             :
                                                             :
                                    1
                         Debtors.                            : (Jointly Administered)
                                                             :
                                                             :                525
                                                               Re: Docket No. __
------------------------------------------------------------ x
              ORDER APPROVING STIPULATION BY AND BETWEEN THE
           DEBTORS AND CORPORATION SERVICE COMPANY DISALLOWING
                A CERTAIN CLAIM SOLELY FOR VOTING PURPOSES

           Upon consideration of the Stipulation By and Between the Debtors and Corporation

Service Company Disallowing a Certain Claim Solely for Voting Purposes (the “Stipulation”),2

a copy of which is attached hereto as Exhibit 1; and the Court having determined that the

agreement set forth in the Stipulation is in the best interests of the Debtors, their estates, and

creditors, and any parties in interest; and good and sufficient cause appearing therefor,

           IT IS HEREBY ORDERED THAT:

                    1.       The Stipulation is hereby approved.

                    2.       The Stipulation shall become effective immediately upon entry of this

Order.




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
    Capitalized terms used but not defined in this Order have the meanings used in the Stipulation.



RLF1 28591633v.2

                   Case 22-10951-CTG      Doc 537     Filed 02/15/23     Page 2 of 2




                   3.    This Court retains jurisdiction over all matters arising from or related to

the implementation or interpretation of this Order.




      Dated: February 15th, 2023                CRAIG T. GOLDBLATT
      Wilmington, Delaware                      UNITED STATES BANKRUPTCY JUDGE




                                                  2
RLF1 28591633v.2

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