By Ingrid Bagby

Partner | Financial Restructuring

By Kathryn M. Borgeson

Partner | Financial Restructuring

By Anthony L. Greene

Associate | Financial Restructuring

This Clients & Friends Memo provides a general overview of the SVB Financial Group chapter 11 case, the first day hearing, and certain issues that may arise in connection with the bankruptcy proceedings. The memo highlights potential complications that may arise among SVB Financial Group (the Debtor), the Bridge Bank, and the FDIC, particularly due to the interrelatedness of the Bridge Bank and SVB Financial Group.

Read it here.