September 09, 2026
The Federal Deposit Insurance Corp. is not required to file a claim in the bankruptcy case of Silicon Valley Bank's former parent to preserve its defensive setoff rights, the Second Circuit found Wednesday, delivering another blow to the company in its legal battle with the regulator.
October 01, 2024
A New York federal judge ruled that the former parent of Silicon Valley Bank can appeal directly to the Second Circuit, bypassing a district court as SVB challenges a bankruptcy judge's ruling that federal regulators have standing to object to its Chapter 11 plan.