FDIC

Silicon Valley Bank (Cayman Islands Branch) v. FDIC et al: Plaintiffs’ Opposition to Motion to Dismiss (‘Discrimination Against Chinese Depositors’)

September 9, 2024

Plaintiffs' Memorandum of Law in Opposition to Defendants' Motions to Dismiss in Niall Ledwidge, of Stout; Michael Pearson, and Andrew Childe, both of FFP, as Joint Official Liquidators of Silicon Valley Bank (Cayman Islands Branch) v. Federal Deposit Insurance Corporation, as Receiver of Silicon Valley Bridge Bank, N.A. and Silicon Valley Bank, Santa Clara; George R. Fritz, Janine D. Henkes, and John Does 1-100 at the U.S. District Court for the District of Columbia.

Liquidators of Silicon Valley Bank (Cayman Islands) sue FDIC, allege discrimination against Chinese depositors

February 23, 2024

One day after their Chapter 15 bankruptcy recognition petition was dismissed in the United States after an objection by the Federal Deposit Insurance Corporation, the liquidators of the Cayman Islands Branch of the U.S.-headquartered Silicon Valley Bank sued the FDIC for allegedly discriminating against Chinese depositors.

Silicon Valley Bank (Cayman Islands Branch) v. FDIC et al: Complaint

February 23, 2024

Complaint in Niall Ledwidge, of Stout; Michael Pearson, and Andrew Childe, both of FFP, as Joint Official Liquidators of Silicon Valley Bank (Cayman Islands Branch) v. Federal Deposit Insurance Corporation, as Receiver of Silicon Valley Bridge Bank, N.A. and Silicon Valley Bank, Santa Clara; George R. Fritz, Janine D. Henkes, and John Does 1-100 at the U.S. District Court for the District of Columbia.

Silicon Valley Bank (Cayman Islands Branch): Chapter 15 Opinion & Dismissal Order

February 22, 2024

Memorandum Opinion and Order Dismissing Chapter 15 Petition in re.: Silicon Valley Bank (Cayman Islands Branch) at the U.S. Bankruptcy Court for the Southern District of New York.

SVB Financial Group v. FDIC: Complaint ($1.9B)

July 9, 2023

Complaint "to recover approximately $1,933,805,708.13" in SVB Financial Group v. Federal Deposit Insurance Corporation, in its corporate capacity and as Receiver for Silicon Valley Bank and Silicon Valley Bridge Road Bank N.A., at the U.S. Bankruptcy Court for the Southern District of New York.