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Ongoing Developments at Silicon Valley Bank

As we continue to work with clients regarding the Federal Deposit Insurance Corporation placing Silicon Valley Bank (SVB) into receivership, please see below for a list of high level frequently asked questions surrounding the current situation. Please note that this list covers general topics related to rapidly changing circumstances.

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Trust Me – A Security Trustee’s Duties to Subordinated
A recent High Court judgment has highlighted the importance for mezzanine creditors of including express and robust contractual protections when negotiating intercreditor agreements and provides a helpful summary of a trustee’s duties to mezzanine lenders in a security enforcement.

Practices: Finance, Business Restructuring

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