On March 23, 2025, 23andMe, along with its affiliates, filed for voluntary Chapter 11 bankruptcy. The company’s decision to file for bankruptcy follows in the wake of a 2023 data breach affecting close to 7 million customer...more
2023 and the start of 2024 presented challenging economic conditions to the market, with debt costs at a historic high. Following a series of increases over the last two years, the Federal Reserve’s federal funds rate is...more
On Friday, March 10, the Federal Deposit Insurance Corporation (“FDIC”) announced its takeover of Silicon Valley Bank (“SVB”) as SVB’s appointed receiver. SVB, as the primary lender to some of the biggest tech firms, was...more