SVB And FDIC May Be At Cross-Purposes In Ch. 11

By Vince Sullivan ( March 22, 2023, 8:22 PM EDT) -- The holding company for the failed Silicon Valley Bank lost access to $2 billion in cash after the Federal Deposit Insurance Corp. took over the bank earlier this month, setting up an adversarial environment between the FDIC and the debtor — each of which have their own goals in their individual legal proceedings. ...

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