Certificate of No Objection — In re Kabbage, Inc. d/b/a KServicing (Case No. 22-10951, Doc 935)

Summary

Certificate of No Objection (No Order Required), Doc 935, filed 08/03/23 in Case No. 22-10951 (CTG) in the United States Bankruptcy Court for the District of Delaware, in the Chapter 11 case of Kabbage d/b/a KServicing, et al., regarding Docket No. 895. It concerns the eighth monthly application of AlixPartners, LLP, financial advisor to the Chapter 11 Debtors, for the period May 1, 2023 through May 31, 2023, and certifies that no answer, objection or other responsive pleading was received, with objections due no later than August 2, 2023 at 4:00 p.m. (ET). Exhibit A lists total fees requested of $222,811.00, expenses of $2,625.00, and amounts authorized to be paid of $178,248.80 at 80% and $2,625.00 at 100%. It is dated August 3, 2023 and carries /s/ Huiqi Liu.

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“Certificate of No Objection — In re Kabbage, Inc. d/b/a KServicing (Case No. 22-10951, Doc 935).” Original at archive.org. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/gov-uscourts-deb-188293-935-0-319d42e9a2/, SHA-256 9108f18066cbf142c36a234d00c732c7c744e3ae6e80100c47612316712eb533.

Full text

Case 22-10951-CTG Doc 935 Filed 08/03/23 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. 895

CERTIFICATE OF NO OBJECTION REGARDING THE EIGHTH
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
MAY 1, 2023 THROUGH MAY 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 eighth 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 July 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 August 2, 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 935 Filed 08/03/23 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 935 Filed 08/03/23 Page 3 of 4

Dated: August 3, 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 935 Filed 08/03/23 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, 5/1/23 – $222,811.00 $2,625.00 8/2/23 $178,248.80 $2,625.00
LLP 5/31/23

(Financial 7/13/23
Advisor to
the Chapter Docket No.
11 Debtors) 895

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