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Notice of Agenda for April 13, 2023 Hearing — In re Kabbage, Inc. d/b/a KServicing (Bankr. D. Del.)

Summary

Notice of agenda filed April 11, 2023 as Doc 765 in the chapter 11 case of Kabbage, Inc. d/b/a KServicing, et al., Case No. 22-10951 (CTG) in the Bankruptcy Court for the District of Delaware, for a hearing set for April 13, 2023 at 10:00 a.m. before the Honorable Craig T. Goldblatt. It states that, as no matters are scheduled to go forward, the hearing has been cancelled with the court’s permission. Both listed matters are resolved: the debtors’ second omnibus objection to certain misclassified claims (Docket No. 679), granted by order entered April 5, 2023, and the motion to approve the loan transfer agreement between KServicing, Lendistry SBLC, LLC and the Federal Reserve Bank of San Francisco (Docket No. 721), resolved by order on April 11, 2023. No objections or responses to either were received.

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Cite this document

“Notice of Agenda for April 13, 2023 Hearing — In re Kabbage, Inc. d/b/a KServicing (Bankr. D. Del.).” Original at archive.org. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/gov-uscourts-deb-188293-765-0-2e1f86f12a/, SHA-256 d5141c639628abfdff0eab7f1f634dc4eebf03813a2eec4373bf6b8f2d2ee205.

Full text

                   Case 22-10951-CTG             Doc 765         Filed 04/11/23       Page 1 of 3




                               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

                  NOTICE OF AGENDA FOR HEARING SCHEDULED
            FOR APRIL 13, 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


     AS NO MATTERS ARE SCHEDULED TO GO FORWARD, THE HEARING HAS BEEN
                CANCELLED WITH PERMISSION FROM THE COURT.


I.         RESOLVED MATTERS:

1.         Debtors’ Second Omnibus Objection (Substantive) to Certain Misclassified Claims
           [Docket No. 679 – filed March 14, 2023]

           Objection/Response Deadline:                April 3, 2023 at 4:00 p.m. (ET)

           Objections/Responses Received:              None.

           Related Documents:

           i.       Notice of Submission of Copies of Proofs of Claim Regarding Debtors’ Second
                    Omnibus Objection (Substantive) to Certain Misclassified Claims [Docket No.
                    743 – filed March 30, 2023]

           ii.      Certificate of No Objection Regarding Debtors’ Second Omnibus Objection
                    (Substantive) to Certain Misclassified Claims [Docket No. 752 – filed April 4,
                    2023]


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.



RLF1 28814702v.1

                   Case 22-10951-CTG       Doc 765      Filed 04/11/23   Page 2 of 3




         iii.      Order Granting Debtors’ Second Omnibus Objection (Substantive) to Certain
                   Misclassified Claims [Docket No. 753 – entered April 5, 2023]

         Status: On April 5, 2023, 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 (I) Authorizing and Approving the Loan Transfer
         Agreement Between KServicing, Lendistry SBLC, LLC, and the Federal Reserve Bank
         of San Francisco; (II) Authorizing Debtors to Take All Actions to Facilitate Transfer of
         Certain Servicing Rights and Obligations; and (III) Granting Related Relief [Docket No.
         721 – filed March 23, 2023]

         Objection/Response Deadline:           April 6, 2023 at 4:00 p.m. (ET)

         Objections/Responses Received:         None.

         Related Documents:

         i.        Declaration of Salim Kafiti in Support of Debtors’ Motion for Entry of an Order
                   (I) Authorizing and Approving the Loan Transfer Agreement Between
                   KServicing, Lendistry SBLC, LLC, and the Federal Reserve Bank of San
                   Francisco; (II) Authorizing Debtors to Take All Actions to Facilitate Transfer of
                   Certain Servicing Rights and Obligations; and (III) Granting Related Relief
                   [Docket No. 722 – filed March 23, 2023]

         ii.       Notice of Filing of Revised Exhibit to Loan Transfer Agreement [Docket No. 754
                   – filed April 5, 2023]

         iii.      Certificate of No Objection Regarding Debtors’ Motion for Entry of an Order (I)
                   Authorizing and Approving the Loan Transfer Agreement Between KServicing,
                   Lendistry SBLC, LLC, and the Federal Reserve Bank of San Francisco; (II)
                   Authorizing Debtors to Take All Actions to Facilitate Transfer of Certain
                   Servicing Rights and Obligations; and (III) Granting Related Relief [Docket No.
                   763 – filed April 11, 2023]

         iv.       Order (I) Authorizing and Approving the Loan Transfer Agreement Between
                   KServicing, Lendistry SBLC, LLC, and the Federal Reserve Bank of San
                   Francisco; (II) Authorizing Debtors to Take All Actions to Facilitate Transfer of
                   Certain Servicing Rights and Obligations; and (III) Granting Related Relief
                   [Docket No. 764 – filed April 11, 2023]

         Status: On April 11, 2023, the Court entered an order resolving this matter. Accordingly,
                 a hearing with respect to this matter is no longer necessary.




                                                   2
RLF1 28814702v.1

                   Case 22-10951-CTG   Doc 765     Filed 04/11/23   Page 3 of 3




Dated: April 11, 2023
       Wilmington, Delaware
                                       /s/ Matthew P. Milana
                                       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, 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
RLF1 28814702v.1

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