Supreme Court Ends Third-Party Releases in Bankruptcy

Harrington v. Purdue Pharma L.P., 144 S. Ct. 2017 (June 27, 2024)

Filed under:
USA, Insolvency & Restructuring, Litigation, Frost Brown Todd LLP, Chapter 11, US Bankruptcy Code, Supreme Court of the United States, Pharmaceuticals, Pharmaceuticals & chemicals
Authors:
Mark A. Platt , Joy D. Kleisinger
Location:
USA
Firm:
Frost Brown Todd LLP
Silicon Valley Bank Parent Company Files for Bankruptcy

SVB Financial Group, the corporate parent of Silicon Valley Bank, filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of New York on March 17. According to a press release issued by SVB Financial Group, its related entities SVB Securities and SVB Capital are not included in the Chapter 11 filing. This bankruptcy filing comes a week after regulators took control of the failed Silicon Valley Bank.

Filed under:
USA, Company & Commercial, Insolvency & Restructuring, Frost Brown Todd LLP, Silicon Valley Bank
Authors:
Edward M. King , Ronald E. Gold , Joy D. Kleisinger
Location:
USA
Firm:
Frost Brown Todd LLP