Richard Schaberg

Richard Schaberg

Hogan Lovells

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Silicon Valley Bank (SVB) and Signature Bank Collapses: Your legal and regulatory FAQs answered - Last updated March 15 @ 10:10 am

Silicon Valley Bank (SVB), the U.S.’s 16th largest bank, was closed on Friday, March 10, 2023, by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation...more

3/15/2023  /  Banking Sector , Deposit Insurance , Depository Institutions , FDIC , Financial Crisis , Financial Institutions , Insolvency , Receivership , Relief Measures , Silicon Valley

Silicon Valley (SVB) and Signature Bank Collapses: Your legal and regulatory FAQs answered Last updated March 13 @ 10:50 pm

Silicon Valley Bank (SVB), the U.S.’s 16th largest bank, was closed on Friday, March 10, 2023, by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation...more

3/14/2023  /  Banking Sector , Deposit Insurance , FDIC , Financial Crisis , Financial Institutions , Receivership , Relief Measures , Silicon Valley

Silicon Valley Bank (SVB) FAQs

Silicon Valley Bank (SVB), the US’s 16th largest bank, was closed on Friday, March 10, 2023, by the California Department of Financial Protection and Innovation which appointed the Federal Deposit Insurance Corporation (FDIC)...more

3/13/2023  /  Banking Sector , Corporate Counsel , Deposit Insurance , FDIC , Financial Crisis , Financial Institutions , Receivership , Relief Measures , Silicon Valley

Lender requirements for the Paycheck Protection Program under the CARES Act

On Thursday, April 2, 2020, the Small Business Administration (SBA) released the Interim Final Rule (Rule) under the CARES Act (Act) Paycheck Protection Program (PPP). Included in the Rule are the highly anticipated details...more

4/3/2020  /  CARES Act , Coronavirus/COVID-19 , Federal Loans , Financial Stimulus , Lenders , Paycheck Protection Program (PPP) , Relief Measures , SBA , SBA Lending Programs , Small Business
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