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

Summary

A certificate of no objection filed July 7, 2023 as Doc 884 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 seventh monthly fee statement of Weil, Gotshal & Manges LLP, counsel for the debtors, for April 1, 2023 through April 30, 2023, filed June 13, 2023 at Docket No. 862. The certificate states that no answer or objection was received by the July 5, 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 $392,323.00, expenses of $5,782.50, and fees to be paid of $313,858.40.

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                   Case 22-10951-CTG             Doc 884         Filed 07/07/23       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. 862

              CERTIFICATE OF NO OBJECTION REGARDING THE SEVENTH
             MONTHLY FEE STATEMENT OF WEIL, GOTSHAL & MANGES LLP
              FOR PAYMENT OF COMPENSATION AND REIMBURSEMENT OF
                    EXPENSES FOR PERIOD 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 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 June 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 July 5, 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 884     Filed 07/07/23     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 884     Filed 07/07/23   Page 3 of 4




 Dated: July 7, 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 884     Filed 07/07/23      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%
      Weil, Gotshal      4/1/23 –      $392,323.00   $5,782.50    7/5/23     $313,858.40   $5,782.50
       & Manges          4/30/23
          LLP

       (Attorneys        6/13/23
         for the
       Debtors and     Docket No.
       Debtors in         862
       Possession)




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