Silvergate Capital Corporation
Case Number:
1:24-bk-12158
Court:
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Companies
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September 25, 2024
Silvergate Can't Block Activist Investor From Board In Ch. 11
The parent company of defunct cryptocurrency-friendly bank Silvergate on Wednesday lost its bid to keep activist investor Joseph Stilwell from seeking election to its board, after a Delaware bankruptcy judge rejected its request for a temporary restraining order that would have halted the company's annual shareholder meeting on Friday.
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September 24, 2024
J&J Talc Claims Paused, Silvergate Parent Files For Ch. 11
A Texas bankruptcy judge has put on hold certain talc-related personal injury lawsuits against Johnson & Johnson, and Silvergate Capital has filed for Chapter 11 to liquidate assets following client losses tied to the FTX collapse. This is the week in bankruptcy.
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September 20, 2024
Silvergate Wants Activist Investor's Board Seat Play Blocked
The parent company of Silvergate Bank, a defunct bank that catered to the cryptocurrency industry, has asked the judge in its Delaware bankruptcy case to help head off what it described as an activist investor's effort to score a seat on the debtor's board so he can try to secure a payout for shareholders who are set to receive nothing under a Chapter 11 plan.
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September 19, 2024
Silvergate First-Day Ch. 11 Motions OK'd Ahead Of Wind-Down
A Delaware bankruptcy judge on Thursday approved a slew of first-day motions brought by the parent company of defunct cryptocurrency-focused bank Silvergate, allowing the debtor to stay on track with a plan to liquidate its business to pay creditors and shareholders.
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September 18, 2024
Tupperware Hits Ch. 11, 3rd Circ. Says Hertz Owes $270M
This week saw a wave of new bankruptcy filings, including that of kitchen supply brand Tupperware, two restaurant chains based in Florida and a defunct California bank that catered to cryptocurrency users.