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IN RE SILICON VALLEY BANK (CAYMAN ISLANDS BRANCH)

Case No. 24-10076 (MG).

658 B.R. 75 (2024)

IN RE: SILICON VALLEY BANK (CAYMAN ISLANDS BRANCH) (in Official Liquidation), Debtor in a Foreign Proceeding.

United States Bankruptcy Court, S.D. New York.

Signed February 22, 2024.

Attorney(s) appearing for the Case

HOLLAND & KNIGHT LLP, Counsel for the Joint Official Liquidators of Silicon Valley Bank (Cayman Islands Branch) (in Official Liquidation), 31 West 52nd Street, New York, New York 10019, By: Warren E. Gluck, Esq. , John J. Monaghan, Esq. , Paul M. Aguggia, Esq. , Marie E. Larsen, Esq. , Richard A. Bixter, Jr., Esq. .

DENTONS US LLP, Counsel to the Federal Deposit Insurance Corporation, in its corporate capacity and its capacity as Receiver for Silicon Valley Bank, Santa Clara, and as Receiver for Silicon Valley Bridge Bank, N.A., 1221 Avenue of the Americas, New York, New York 10020, By: Lynn P. Harrison III, Esq. , Stephen S. Kudenholdt, Esq. , 1900 K Street, NW, Washington, D.C. 20006, By: Sam J. Alberts, Esq.

MEMORANDUM OPINION AND ORDER DISMISSING CHAPTER 15 PETITION

As has been widely publicized, Silicon Valley Bank (the "Bank"), a California-incorporated bank that was insured by the Federal Deposit Insurance Corporation ("FDIC"), failed and the FDIC was appointed...

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