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30 Mar 2023 Author : InfoPro Community Manager

Silicon Valley Bank® Collapse Resources

Silicon Valley Bank® Collapse - What You Need to Know
Silicon Valley Bank® (SVB), a key lender supporting California startup corporations, was taken over by U.S. regulators on March 10. Read this client alert digest discussing the initial government response to the SVB collapse, including the Federal Reserve Board’s creation of a new Bank Term Funding Program. This client alert digest includes links to law firm client alerts and related content in Practical Guidance.

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Review the following related Practical Guidance resources for further understanding of the issues involved in the SVB collapse:

In-House Banking and Financial Services Resource Kit

Federal Deposit Insurance Corporation’s Role after Failure of an Insured Depository Institution

Waiver and Consent Requests

Loan Agreement Amendment