KServicing Wind Down Corp.

  1. October 06, 2022

    Creditors Squabble At Online Lender's First Ch. 11 Hearing

    Tensions surfaced fast Thursday in Delaware bankruptcy court during the opening Chapter 11 hearing for online lender Kabbage Inc., with the company's top unsecured creditor questioning big shareholder payouts after most of the business was sold in late 2020 for $750 million to American Express.

  2. October 04, 2022

    Online Lender Kabbage Says PPP Loan Fights Spurred Ch. 11

    Online lender Kabbage Inc. has filed a Chapter 11 liquidation plan in Delaware bankruptcy court, saying it made the move in the face of the "extreme" cost of dealing with disputes stemming from its $7 billion in Paycheck Protection Program loans.