Certificate of No Objection — In re KServicing Wind Down Corp. (Case No. 22-10951, Doc 951)

Summary

In the United States Bankruptcy Court District of Delaware, In re KServicing Wind Down Corp., et al., Post-Confirmation Debtors, Case No. 22-10951 (CTG), Doc 951 filed 08/08/23 is a Certificate of No Objection regarding the Ninth Monthly Application of Richards, Layton & Finger, P.A., as co-counsel to the Debtors, for June 1, 2023 through June 20, 2023, Docket No. 903. It certifies that no answer or objection was received by the August 7, 2023 deadline and that payment of 80% of fees and 100% of expenses is authorized without a further order. Exhibit A shows $31,866.50 in fees requested, $25,493.20 authorized at 80%, and $87.80 in expenses. It is dated August 8, 2023 and signed /s/ Huiqi Liu of Richards, Layton & Finger, P.A.

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“Certificate of No Objection — In re KServicing Wind Down Corp. (Case No. 22-10951, Doc 951).” Original at archive.org. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/gov-uscourts-deb-188293-951-0-723d645994/, SHA-256 4496201a2ff997e3d5a2948cb8f2b7e65d1a872e5ba192a026d26e705215107f.

Full text

Case 22-10951-CTG Doc 951 Filed 08/08/23 Page 1 of 4

UNITED STATES BANKRUPTCY COURT
DISTRICT OF DELAWARE

------------------------------------------------------------ x
In re : Chapter 11
:
KServicing Wind Down Corp., et al., : Case No. 22-10951 (CTG)
:
: (Jointly Administered)
1
Post-Confirmation Debtors. :
------------------------------------------------------------ x Re: Docket No. 903

CERTIFICATE OF NO OBJECTION REGARDING THE NINTH MONTHLY
APPLICATION OF RICHARDS, LAYTON & FINGER, P.A. FOR ALLOWANCE OF
COMPENSATION FOR SERVICES RENDERED AND FOR REIMBURSEMENT OF
EXPENSES AS CO-COUNSEL TO THE DEBTORS FOR THE PERIOD FROM
JUNE 1, 2023 THROUGH JUNE 20, 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 ninth monthly fee application for

compensation and reimbursement of expenses (the “Monthly Application”) of Richards, Layton

& Finger, P.A. (the “Applicant”). The Monthly Application was filed with the United States

Bankruptcy Court for the District of Delaware (the “Court”) on July 18, 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 7, 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: KServicing Wind Down Corp. (f/k/a Kabbage, Inc. d/b/a KServicing) (3937); KServicing
Wind Down Canada Holdings LLC (f/k/a Kabbage Canada Holdings, LLC) (N/A); KServicing Wind Down Asset
Securitization LLC (f/k/a Kabbage Asset Securitization LLC) (N/A); KServicing Wind Down Asset Funding 2017-
A LLC (f/k/a Kabbage Asset Funding 2017-A LLC) (4803); KServicing Wind Down Asset Funding 2019-A LLC
(f/k/a Kabbage Asset Funding 2019-A LLC) (8973); and KServicing Wind Down Diameter LLC (f/k/a Kabbage
Diameter, LLC) (N/A). 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 951 Filed 08/08/23 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 951 Filed 08/08/23 Page 3 of 4

Dated: August 8, 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 951 Filed 08/08/23 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%
Richards, 6/1/23 – $31,866.50 $87.80 8/7/23 $25,493.20 $87.80
Layton & 6/20/23
Finger, P.A.
7/18/23
(Co-Counsel
to the Docket No.
Debtors) 903

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