Pandemic Darlings The pandemic economy, in original documents
Home Source documents Certificate of No Objection, Weil Gotshal Sixth Monthly Fee Statement — In re Kabbage, Inc. (Bankr. D. Del.)

Certificate of No Objection, Weil Gotshal Sixth Monthly Fee Statement — In re Kabbage, Inc. (Bankr. D. Del.)

Summary

A certificate of no objection filed June 1, 2023 as Doc 850 in In re Kabbage, Inc. d/b/a KServicing, et al., Case No. 22-10951 (CTG), a jointly administered Chapter 11 case in the U.S. Bankruptcy Court for the District of Delaware. It concerns the sixth monthly fee statement of Weil, Gotshal & Manges LLP, counsel for the debtors, for March 1, 2023 through March 31, 2023, filed May 10, 2023 at Docket No. 813. The certificate states that no answer or objection was received by the May 30, 2023 deadline. Under the Interim Compensation Order entered October 21, 2022 [Docket No. 136], the debtors may pay 80% of fees and 100% of expenses without a further order. Exhibit A lists fees requested of $2,084,722.75, expenses of $16,126.83, and fees to be paid of $1,667,778.20.

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 850         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. 813

                CERTIFICATE OF NO OBJECTION REGARDING THE SIXTH
             MONTHLY FEE STATEMENT OF WEIL, GOTSHAL & MANGES LLP
              FOR PAYMENT OF COMPENSATION AND REIMBURSEMENT OF
                   EXPENSES FOR PERIOD 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 Weil, Gotshal &

Manges LLP (the “Applicant”). The Monthly Application was filed with the United States

Bankruptcy Court for the District of Delaware (the “Court”) on May 10, 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).

          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.


RLF1 29087102v.1

                   Case 22-10951-CTG    Doc 850     Filed 06/01/23     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
RLF1 29087102v.1

                   Case 22-10951-CTG   Doc 850     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
RLF1 29087102v.1

                   Case 22-10951-CTG         Doc 850       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,                      Requested                 Authorized     Authorized
                     Filing Date,                                             to be Paid     to be Paid
                     Docket No.                                                @ 80%          @ 100%
         Weil,         3/1/23 –     $2,084,722.75   $16,126.83    5/10/23    $1,667,778.20   $16,126.83
       Gotshal &       3/31/23
        Manges
         LLP
                       5/10/23
      (Attorneys
        for the       Docket No.
      Debtors and        813
      Debtors in
      Possession)




RLF1 29087102v.1

File and source

File
gov.uscourts.deb.188293.850.0.pdf
Size
182,374 bytes
SHA-256
d74e9e355b4ed2fce8dafe9ec39e4ee4eb6bd5b7df0ed18dd36944fd83141b65
Our copy
gov.uscourts.deb.188293.850.0.pdf
Original
archive.org
Back to top