Silicon Valley Bank and Signature Bank Fallout - Legal Considerations for Borrowers, Syndicated Lenders and Trade Creditors

Highlights

Counterparties should continue to follow their current contractual obligations

Silicon Valley Bank’s parent company bankruptcy filing will not impact contractual rights

Counterparties should be vigilant and consider alternate financing arrangements

Filed under:
USA, Banking, Corporate Finance/M&A, Insolvency & Restructuring, Barnes & Thornburg LLP, Venture capital, Federal Deposit Insurance Corporation (USA), Silicon Valley Bank
Authors:
Gregory G. Plotko , Troy Zander , Mark T. Kindelin , Thomas M. Maxwell
Location:
USA
Firm:
Barnes & Thornburg LLP