Order Granting Motion of Debtors — Case 22-10951-CTG, Doc 578

Summary

An Order Granting Motion of Debtors for Leave to File Reply in Support of Disclosure Statement and Solicitation Procedures Motion, Doc 578, dated February 24, 2023, in the Chapter 11 cases of Kabbage, Inc. d/b/a KServicing, et al., Case No. 22-10951 (CTG), in the United States Bankruptcy Court for the District of Delaware. It relates to Docket No. 450. The order states that the Motion for Leave is granted to the extent set forth, that the Debtors are granted leave and permission to file and serve the Reply, and that the Debtors are authorized to take all actions necessary or appropriate to carry out the relief. The signature block names Craig T. Goldblatt, United States Bankruptcy Judge.

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 578         Filed 02/24/23       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)
                                                             :
                        Debtors.1                            :         (Jointly Administered)
                                                             :         Re: Docket No. 450
------------------------------------------------------------ x
                    ORDER GRANTING MOTION OF DEBTORS
                  FOR LEAVE TO FILE REPLY IN SUPPORT OF
        DISCLOSURE STATEMENT AND SOLICITATION PROCEDURES MOTION

                    Upon the motion for leave (the “Motion for Leave”)2 of Kabbage, Inc. d/b/a

KServicing and its debtor affiliates, as debtors and debtors in possession in the above-captioned

chapter 11 cases (collectively, the “Debtors”), for entry of an order pursuant to Local Rule 9006-

1(d), granting the Debtors leave to file the Reply after the Reply Deadline; and good and

sufficient cause appearing therefor, all as more fully set forth in the Motion for Leave; and the

Court having jurisdiction to consider the Motion for Leave and the relief requested therein

pursuant to 28 U.S.C. §§ 157 and 1334, and the Amended Standing Order of Reference from the

United States District Court for the District of Delaware dated February 29, 2012; and

consideration of the Motion for Leave and the requested relief being a core proceeding pursuant

to 28 U.S.C. § 157(b); and venue being proper before this Court pursuant to 28 U.S.C. §§ 1408

and 1409; and due and proper notice of the Motion for Leave having been provided to the Notice

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 otherwise defined herein shall have the respective meanings ascribed to such terms
    in the Motion for Leave.



RLF1 28462480v.3

                   Case 22-10951-CTG      Doc 578      Filed 02/24/23     Page 2 of 2




Parties and such notice having been adequate and appropriate under the circumstances; and it

appearing that no other or further notice need be provided; and this Court having reviewed the

Motion for Leave; and this Court having determined that the legal and factual bases set forth in

the Motion for Leave establish just cause for the relief granted herein; and it appearing that the

relief requested in the Motion for Leave is in the best interests of the Debtors, their estates,

creditors, and all parties in interest; and upon all of the proceedings had before this Court and

after due deliberation and sufficient cause appearing therefor,

                   IT IS HEREBY ORDERED THAT:

                   1.    The Motion for Leave is granted to the extent set forth herein.

                   2.    The Debtors are granted leave and permission to file and serve the Reply

and the Court will consider the Reply at the hearing on January 19, 2023, at 10:00 a.m.

(prevailing Eastern Time).

                   3.    The Debtors are authorized to take all actions necessary or appropriate to

carry out the relief granted in this Order.

                   4.    This Court shall retain jurisdiction to hear and determine all matters

arising from or related to the implementation, interpretation, or enforcement of this Order.




   Dated: February 24th, 2023                           CRAIG T. GOLDBLATT
   Wilmington, Delaware                                 UNITED STATES BANKRUPTCY JUDGE




                                                   2
RLF1 28462480v.3

File and source

File

gov.uscourts.deb.188293.578.0.pdf

Size

175,685 bytes

SHA-256

293f937f0e447b560fb233402e72329b9870fc7666d4b35ef6d043401bf66ac3

Our copy

gov.uscourts.deb.188293.578.0.pdf

Original

archive.org