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Certificate of No Objection Regarding the Seventh Monthly Application of AlixPartners, LLP

Summary

A Certificate of No Objection in Case No. 22-10951 (CTG), the jointly administered chapter 11 cases of Kabbage, Inc. d/b/a KServicing, et al., regarding the seventh monthly application of AlixPartners, LLP, financial advisor to the chapter 11 debtors, for compensation and reimbursement of expenses for the period from April 1, 2023 through April 30, 2023 (Docket No. 854). The certificate states that the undersigned has received no answer, objection or other responsive pleading to the application. It states that no order is required.

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“Certificate of No Objection Regarding the Seventh Monthly Application of AlixPartners, LLP.” Original at archive.org. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/gov-uscourts-deb-188293-879-0-a9bc54dd22/, SHA-256 89aa2c959327f9f9beb77f1767cd5f1f4ad352d9e508224ad4ca7cbdc1f0ca6d.

Full text

                   Case 22-10951-CTG             Doc 879         Filed 06/29/23       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. 854

             CERTIFICATE OF NO OBJECTION REGARDING THE SEVENTH
            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
            APRIL 1, 2023 THROUGH APRIL 30, 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 seventh 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 June 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 June 28, 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 879     Filed 06/29/23     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 Applicant is authorized and directed to be paid 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 879     Filed 06/29/23   Page 3 of 4




 Dated: June 29, 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




                                               3
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                   Case 22-10951-CTG          Doc 879     Filed 06/29/23      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,      4/1/23 –      $323,168.50   $4,658.08    6/28/23    $258,534.80   $4,658.08
          LLP            4/30/23

        (Financial       6/8/23
        Advisor to
       the Chapter     Docket No.
       11 Debtors)        854




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89aa2c959327f9f9beb77f1767cd5f1f4ad352d9e508224ad4ca7cbdc1f0ca6d
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gov.uscourts.deb.188293.879.0.pdf
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archive.org
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