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Special edition: Silicon Valley Bank UK - Update

Further to our alert of 12 March 2023, the Bank of England (BoE) announced in a statement today that it has exercised its resolution powers to sell Silicon Valley Bank UK Limited (SVB UK) to HSBC UK Bank Plc (HSBC), instead of proceeding with opening a bank insolvency procedure.

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Qimonda Ruling Protects Licensees of U.S. Patents, Holding that Application of German Insolvency Law to Cancel Licenses is “Manifestly Contrary” to U.S. Public Policy

Practices: Business Restructuring, Intellectual Property Transactions, Private Equity

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