Early Friday morning, March 17, 2023, SVB Financial, the former holding company of SVB, filed a voluntary Chapter 11 bankruptcy petition in the United States Bankruptcy Court for the Southern District of New York, citing the...more
3/21/2023
/ Bank Holding Company ,
Bankruptcy Code ,
Bankruptcy Court ,
Banks ,
Bridge Banks ,
Broker-Dealer ,
Chapter 11 ,
Commercial Bankruptcy ,
Debtors ,
Financial Institutions ,
Popular ,
Subsidiaries ,
Venture Capital
Lowenstein Sandler’s previous articles on crypto bankruptcies discussed the role of a creditors’ committee in protecting the rights of customers and confirmation issues arising in crypto cases. This article will delve deeper...more
The recent Chapter 11 filings of cryptocurrency platforms Voyager Digital and Celsius Network have abruptly introduced many investors and founders in this burgeoning industry to the bankruptcy process for the first time....more
Nothing is more frustrating to a trade creditor holding a large unpaid balance owed by a debtor in bankruptcy than the risk that payments the trade creditor received before the debtor filed bankruptcy may be clawed back by...more
6/1/2021
/ Administrative Expenses ,
Bankruptcy Code ,
Burden of Proof ,
Chapter 11 ,
Chapter 7 ,
Commercial Bankruptcy ,
Consolidated Appropriations Act (CAA) ,
Coronavirus/COVID-19 ,
Creditors ,
Debtors ,
Financial Distress ,
Financial Solvency ,
Liquidation ,
New Value Exception ,
Ordinary Course of Business Defense ,
Perishable Agricultural Commodities Act (PACA) ,
SBA ,
Trade Credit ,
Transfers ,
Trustees ,
Vendors