Certificate of No Objection re Richards, Layton & Finger Fifth Monthly Application — In re Kabbage, Inc.

Summary

Certificate of no objection filed May 4, 2023 as Doc 805 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. Relating to Docket No. 767, it certifies that no answer, objection or other responsive pleading was received to the fifth monthly fee application of Richards, Layton & Finger as co-counsel to the debtors, for February 1, 2023 through February 28, 2023, filed on April 13, 2023, with objections due May 3, 2023. Under the Interim Compensation Order of October 21, 2022, the debtors may pay eighty percent (80%) of the fees and one hundred percent (100%) of the expenses without a further order. Exhibit A lists fees requested of $231,181.00 and expenses of $3,901.88, with $184,944.80 in fees to be paid. The certificate is signed by Huiqi Liu of Richards, Layton & Finger.

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“Certificate of No Objection re Richards, Layton & Finger Fifth Monthly Application — In re Kabbage, Inc.” Original at archive.org. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/gov-uscourts-deb-188293-805-0-28f481f64e/, SHA-256 5339bb0ca84ae89958d2401904f3e5eaaf5a5a5884e00c11706a34f5fa4a0b3d.

Full text

Case 22-10951-CTG Doc 805 Filed 05/04/23 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. 767

CERTIFICATE OF NO OBJECTION REGARDING THE FIFTH MONTHLY
APPLICATION OF RICHARDS, LAYTON & FINGER, P.A. FOR ALLOWANCE OF
COMPENSATION FOR SERVICES RENDERED AND FOR REIMBURSEMENT OF
EXPENSES AS CO-COUNSEL TO THE DEBTORS FOR THE PERIOD FROM
FEBRUARY 1, 2023 THROUGH FEBRUARY 28, 2023 (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 fifth monthly fee application for

compensation and reimbursement of expenses (the “Monthly Application”) of Richards, Layton

& Finger, P.A. (the “Applicant”). The Monthly Application was filed with the United States

Bankruptcy Court for the District of Delaware (the “Court”) on April 13, 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 May 3, 2023 at 4:00 p.m. (ET).

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

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

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 805 Filed 05/04/23 Page 2 of 4

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 805 Filed 05/04/23 Page 3 of 4

Dated: May 4, 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, Esq. (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 805 Filed 05/04/23 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%
Richards, 2/1/23 – $231,181.00 $3,901.88 5/3/23 $184,944.80 $3,901.88
Layton & 2/28/23
Finger, P.A.
4/13/23
(Co-Counsel
to the Docket No.
Debtors) 767

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