Certificate of No Objection — Case 22-10951-CTG, Doc 849

Summary

A Certificate of No Objection regarding the sixth monthly application of AlixPartners, LLP, financial advisor to the Chapter 11 Debtors, for the period from March 1, 2023 through March 31, 2023, marked no order required, Doc 849, dated June 1, 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. 809, filed May 8, 2023, and certifies that no answer, objection or other responsive pleading was received. Exhibit A lists fees requested of $552,121.00 and expenses of $5,813.94, with $441,696.80 in fees authorized to be paid at 80%. The certificate is signed /s/ Huiqi Liu.

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“Certificate of No Objection — Case 22-10951-CTG, Doc 849.” Original at archive.org. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/gov-uscourts-deb-188293-849-0-f8ef093e58/, SHA-256 191f69799dcd8a8f5f3ca4201754d1fcd7e92025f72734e0c5fb89131923e2e8.

Full text

Case 22-10951-CTG Doc 849 Filed 06/01/23 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. 809

CERTIFICATE OF NO OBJECTION REGARDING THE SIXTH
MONTHLY APPLICATION OF ALIXPARTNERS, LLP, FINANCIAL
ADVISOR TO THE CHAPTER 11 DEBTORS, FOR ALLOWANCE OF
COMPENSATION FOR PROFESSIONAL SERVICES RENDERED AND
REIMBURSEMENT OF EXPENSES INCURRED FOR THE PERIOD FROM
MARCH 1, 2023 THROUGH MARCH 31, 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 sixth monthly fee application for

compensation and reimbursement of expenses (the “Monthly Application”) of AlixPartners, LLP

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

for the District of Delaware (the “Court”) on May 8, 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 30, 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 849 Filed 06/01/23 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 849 Filed 06/01/23 Page 3 of 4

Dated: June 1, 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)
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
chase.bentley@weil.com

Attorneys for Debtors
and Debtors in Possession

3
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Case 22-10951-CTG Doc 849 Filed 06/01/23 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%
AlixPartners, 3/1/23 – $552,121.00 $5,813.94 5/30/23 $441,696.80 $5,813.94
LLP 3/31/23

(Financial 5/8/23
Advisor to
the Chapter Docket No.
11 Debtors) 809

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