Case number: 1:24-bk-12158 - Silvergate Capital Corporation - Delaware Bankruptcy Court

Case Information
  • Case title

    Silvergate Capital Corporation

  • Court

    Delaware (debke)

  • Chapter

    11

  • Judge

    Karen B. Owens

  • Filed

    09/17/2024

  • Last Filing

    12/03/2024

  • Asset

    Yes

  • Vol

    v

Docket Header
LEAD, MEGA, SealedDoc(s), CLMSAGNT, STANDOrder



U.S. Bankruptcy Court
District of Delaware (Delaware)
Bankruptcy Petition #: 24-12158-KBO

Assigned to: Karen B. Owens
Chapter 11
Voluntary
Asset


Date filed:  09/17/2024
341 meeting:  10/17/2024
Deadline for filing claims:  10/31/2024
Deadline for filing claims (govt.):  03/17/2025

Debtor

Silvergate Capital Corporation

4225 Executive Square
Suite 600
La Jolla, CA 92037
SAN DIEGO-CA
Tax ID / EIN: 33-0227337

represented by
Benjamin B Arcano

Cravath Swaine & Moore LLP
375 Ninth Ave
New York, NY 10001
Email: barcano@cravath.com

John D. Buretta

CRAVATH, SWAINE & MOORE LLP
Two Manhattan West
375 Ninth Avenue
New York, NY 10001
212-474-1000
Fax : 212-474-3700
Email: jburetta@cravath.com

Gabrielle Colson

Richards, Layton & Finger, P.A.
920 North King Street
Wilmington, DE 19801
302-651-7813
Email: colson@rlf.com

Alexander A. Gerten

Cravath, Swaine & Moore LLP
Two Manhattan West
375 9th Avenue
New York, NY 10019
(212) 474-1000
Email: agerten@cravath.com

Geoffrey S. Goodman

Foley & Lardner LLP
321 North Clark Street
Suite 3000
Chicago, IL 60654
312-832-4500
Fax : 312-832-4700
Email: ggoodman@foley.com

Benjamin Gruenstein

Cravath, Swaine & Moore LLP
375 Ninth Avenue
Two Manhattan West
New York, NY 10001
212-474-1000
Email: bgruenstein@cravath.com

Paul Noble Heath

Richards, Layton & Finger
One Rodney Square
920 North King Street
Wilmington, DE 19801
302-651-7700
Fax : 302-651-7701
Email: heath@rlf.com

Michael N Levy

Ellerman Enzinna Levy PLLC
1050 30th St NW
Washington, DC 20007
Email: mlevy@eellaw.com

Elizabeth Martin

Ellerman Enzinna Levy PLLC
1050 30th St NW
Washington, DC 20007
Email: emartin@eellaw.com

Emily Rae Mathews

Richards, Layton & Finger
One Rodney Square
920 King Street
Wilmington, DE 19801
302-651-7655
Email: mathews@rlf.com

Michael Joseph Merchant

Richards Layton & Finger, P.A.
One Rodney Square
920 North King Street
Wilmington, DE 19801
usa
302-651-7700
Fax : 302-651-7701
Email: merchant@rlf.com

Lauren A. Moskowitz

Cravath, Swaine & Moore LLP
375 Ninth Avenue
New York, NY 10001
212-474-1000
Fax : 212-474-3700
Email: lmoskowitz@cravath.com

David T Queroli

Richards, Layton & Finger
One Rodney Square
920 North King Street
Wilmington, DE 19801
302-651-7700
Fax : 302-651-7701
Email: Queroli@rlf.com

Robert J. Stearn, Jr.

Richards, Layton & Finger, P. A.
One Rodney Square
920 North King Street
Wilmington, DE 19801
302-651-7700
Fax : 302-651-7701
Email: stearn@rlf.com

Lindsay J Timlin

Cravath Swaine & Moore LLP
375 Ninth Ave
New York, NY 10001
Email: ltimlin@cravath.com

Justin M Williams

Cravath Swaine & Moore LLP
375 Ninth Ave
New York, NY 10001
Email: jwilliams@cravath.com

George E Zobitz

Cravath, Swaine & Moore LLP
Two Manhattan West
375 Ninth Avenue
New York, NY 10001
212-474-1000
Fax : 212-474-3700
Email: jzobitz@cravath.com

Paul H Zumbro

Cravath, Swaine & Moore LLP
375 Ninth Avenue
Two Manhattan West
New York, NY 10001
212-474-1000
Email: pzumbro@cravath.com

U.S. Trustee

U.S. Trustee

Office of the United States Trustee
J. Caleb Boggs Federal Building
844 King Street, Suite 2207
Lockbox 35
Wilmington, DE 19801
(302)-573-6491

represented by
Benjamin A. Hackman

Office of the United States Trustee
844 King Street
Suite 2207
Wilmington, DE 19801
302-573-6491
Fax : 302-573-6497
Email: benjamin.a.hackman@usdoj.gov

Claims Agent

Stretto

www.stretto.com
410 Exchange, Ste 100
Irvine, CA 92602
855-812-6112

 
 
Transcriber

Reliable Companies

Attn: Gene Matthews
1007 North Orange Street
Suite 110
Wilmington, DE 19801
302-654-8080
 
 

Latest Dockets

Date Filed#Docket Text
12/03/2024339[SEALED] Motion for 2004 Examination for Discovery and Examination of Silvergate Capital's Ad Hoc Preferred Stockholder Group Filed by Stilwell Activist Investments, L.P. Hearing scheduled for 12/19/2024 at 09:30 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Objections due by 12/10/2024. (Attachments: # 1 Notice # 2 Exhibit A # 3 Exhibit B # 4 Exhibit C # 5 Exhibit D # 6 Exhibit E # 7 Exhibit F # 8 Exhibit G # 9 Exhibit H # 10 Exhibit I # 11 Certificate of Service) (Miller, Evan) (Entered: 12/03/2024)
12/03/2024338Order (Final) (I) Authorizing the Debtors to (A) Continue to Operate Their Cash Management System, (B) Extending the Time to Comply With Section 345(b), (C) Honor Certain Prepetition Obligations Related Thereto, (D) Maintain Existing Business Forms and (E) Continue Certain Intercompany Transactions; (II) Granting Related Relief (related document(s)8, 43, 141, 221, 336) Order Signed on 12/3/2024. (Mml) (Entered: 12/03/2024)
12/02/2024337Monthly Application for Compensation // Second Monthly Application of Richards, Layton & Finger, P.A. for Allowance of Compensation for Services Rendered and for Reimbursement of Expenses as Co- Counsel for the Debtors and Debtors-in-Possession for the period from October 1, 2024 to October 31, 2024 Filed by Richards, Layton & Finger, P.A.. Objections due by 12/23/2024. (Attachments: # 1 Notice # 2 Exhibit A # 3 Exhibit B) (Mathews, Emily) (Entered: 12/02/2024)
11/27/2024336Certification of Counsel Regarding Revised Final Order (I) Authorizing the Debtors to (A) Continue to Operate Their Cash Management System, (B) Extending the Time to Comply with Section 345(b), (C) Honor Certain Prepetition Obligations Related Thereto, (D) Maintain Existing Business Forms and (E) Continue Certain Intercompany Transactions; (II) Granting Related Relief (related document(s)8, 43, 141, 221) Filed by Silvergate Capital Corporation. (Attachments: # 1 Exhibit # 2 Exhibit) (Colson, Gabrielle) (Entered: 11/27/2024)
11/27/2024335Transcript regarding Hearing Held 11/26/24 RE: Status Conference. Remote electronic access to the transcript is restricted until 2/25/2025. The transcript may be viewed at the Bankruptcy Court Clerk's Office after 2/25/2025. For information about how to obtain a transcript, Contact the Court Reporter/Transcriber, Reliable, at Telephone number 302-654-8080. Filed by Silvergate Capital Corporation . Notice of Intent to Request Redaction Deadline Due By 12/4/2024. Redaction Request Due By 12/18/2024. Redacted Transcript Submission Due By 12/30/2024. Transcript access will be restricted through 2/25/2025. (KAR) (Entered: 11/27/2024)
11/26/2024334Affidavit/Declaration of Service re: Letter to the Honorable Karen B. Owens re Status Conference and Scheduling of Debtors Amended Motion Pursuant to 11 U.S.C. § § 502(c) and 105(a) to Estimate Contingent and Unliquidated Indemnification Claims of Current and Former Directors, Officers, and Employees (Docket No. 329), Notice of Amended Agenda of Matters Scheduled for Hearing on November 26, 2024 at 10:00 a.m. (ET), before the Honorable Karen B. Owens, at the United States Bankruptcy Court for the District of Delaware (Docket No. 330). Filed by Stretto. (related document(s)329, 330) (Betance, Sheryl) (Entered: 11/26/2024)
11/26/2024333Court Date & Time [11/26/2024 10:02:00 AM]. File Size [ 31049 KB ]. Run Time [ 01:05:25 ]. (admin). (Entered: 11/26/2024)
11/26/2024332Zoom Hearing Held (related document(s)330) (Mml) (Entered: 11/26/2024)
11/25/2024331Affidavit/Declaration of Service re: Notice of Amended Agenda of Matters Scheduled for Hearing on November 25, 2024 at 1:00 p.m. (ET), before the Honorable Karen B. Owens, at the United States Bankruptcy Court for the District of Delaware, 6th Floor, Courtroom 3 (Docket No. 320), Second Monthly Fee Application of Ellerman Enzinna Levy PLLC for Allowance of Compensation for Services Rendered and for Reimbursement of Expenses as 327(e) Special Counsel to the Debtors and Debtors-In-Possession for the Period from October 1, 2024 Through October 31, 2024 (Docket No. 325), Notice of Agenda of Matters Scheduled for Hearing on November 26, 2024 at 10:00 a.m. (ET), before the Honorable Karen B. Owens, at the United States Bankruptcy Court for the District of Delaware (Docket No. 326), Notice of Revised Schedule to First Omnibus Objection (Substantive) of the Debtors to Reclassify Certain Indemnification Claims Pursuant to Section 510(b) of the Bankruptcy Code (Docket No. 328). Filed by Stretto. (related document(s)320, 325, 326, 328) (Betance, Sheryl) (Entered: 11/25/2024)
11/25/2024330Amended Notice of Agenda of Matters Scheduled for Hearing Filed by Silvergate Capital Corporation. Hearing scheduled for 11/26/2024 at 10:00 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. (Queroli, David) (Entered: 11/25/2024)