Directors and Officers (D&O) policies are intended first and foremost to protect a company’s individual directors and officers from significant claims which may be asserted against those individuals in their capacities as...more
8/23/2023
/ Banks ,
Board of Directors ,
Class Action ,
Commercial Bankruptcy ,
Commercial Insurance Policies ,
Corporate Counsel ,
Corporate Governance ,
Corporate Officers ,
D&O Insurance ,
Financial Institutions ,
Insolvency ,
Insurance Litigation ,
Silicon Valley
Just before noon on Friday March 10, 2023, Silicon Valley Bank (SVB) was shut down by the California Department of Financial Protection and Innovation and the Federal Deposit Insurance Corporation (FDIC) was named as the...more
3/14/2023
/ Banking Sector ,
Banks ,
Deposit Accounts ,
Deposit Insurance ,
Depository Institutions ,
FDIC ,
Financial Institutions ,
Receivership ,
Risk Management ,
Silicon Valley ,
Uninsured Deposits
We have received a number of inquiries from clients regarding Silicon Valley Bank’s (SVB) recent shut down by the California Department of Financial Protection and Innovation and the FDIC being named as the receiver. This is...more
3/13/2023
/ Banking Sector ,
Banks ,
Borrowers ,
Deposit Accounts ,
Deposit Insurance ,
Depository Institutions ,
FDIC ,
Federal Reserve ,
Financial Institutions ,
Insolvency ,
Receivership ,
Silicon Valley