SVB's Cayman Unit Loses Ch. 15 Bid In NY

By Ben Zigterman · February 23, 2024, 8:08 PM EST

A bankruptcy judge in New York has dismissed a petition from the Cayman Islands branch of Silicon Valley Bank that sought U.S. recognition of its Cayman insolvency proceedings, finding that it...

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Case Information

Case Title

Silicon Valley Bank (Cayman Islands Branch), (in Official Liquidation)

Case Number

1:24-bk-10076

Court

New York Southern

Nature of Suit

Date Filed

January 18, 2024