Silicon Valley Bank’s Parent Company Declares Bankruptcy

The fallout from Silicon Valley Bank’s (SVB) closure continues to unfold, with SVB’s parent company – SVB Financial Group – filing for protection under chapter 11 of the Bankruptcy Code on Friday, March 17th.

Filed under:
USA, Banking, Insolvency & Restructuring, Levenfeld Pearlstein LLC, Bankruptcy, Federal Deposit Insurance Corporation (USA), Silicon Valley Bank
Authors:
Eileen Sethna , William S. Schwartz
Location:
USA
Firm:
Levenfeld Pearlstein LLC