Certificate of No Objection re Weil Ninth Monthly Fee Statement — In re KServicing Wind Down Corp.
Summary
A certificate of no objection filed August 9, 2023 as Doc 956 in In re KServicing Wind Down Corp., et al., Case No. 22-10951 (CTG), jointly administered Chapter 11 cases in the U.S. Bankruptcy Court for the District of Delaware. It concerns the ninth monthly fee statement of Weil, Gotshal & Manges LLP, attorneys for the Debtors, for June 1, 2023 through June 20, 2023 [Docket No. 904]. Counsel certifies that no objection was received by the August 8, 2023 deadline and that, under the Interim Compensation Order, the Applicant is to be paid 80% of fees and 100% of expenses without a further order. Exhibit A lists requested fees of $78,196.50 and expenses of $124.57, with $62,557.20 in fees authorized to be paid. It is signed by Richards, Layton & Finger, P.A., with Weil, Gotshal & Manges LLP also named in the signature block.
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Case 22-10951-CTG Doc 956 Filed 08/09/23 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. 904
CERTIFICATE OF NO OBJECTION REGARDING THE NINTH
MONTHLY FEE STATEMENT OF WEIL, GOTSHAL & MANGES LLP
FOR PAYMENT OF COMPENSATION AND REIMBURSEMENT OF
EXPENSES FOR PERIOD 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 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 July 19, 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 8, 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 956 Filed 08/09/23 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 956 Filed 08/09/23 Page 3 of 4
Dated: August 9, 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 956 Filed 08/09/23 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 6/1/23 – $78,196.50 $124.57 8/8/23 $62,557.20 $124.57
& Manges 6/20/23
LLP
(Attorneys 7/19/23
for the
Debtors and Docket No.
Debtors in 904
Possession)
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