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

    04/16/2025

  • 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: Chief Bankruptcy Jud 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

Anthony M. Calvano

ROSS ARONSTAM & MORITZ LLP
Hercules Building
1313 North Market Street, Suite 1001
Wilmington, DE 19801
(302) 576-1600
Email: acalvano@ramllp.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

Colin Meehan

Richards, Layton & Finger
920 N King St.
Wilmington, DE 19801
302-651-7805
Email: meehan@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

David E. Ross

Ross Aronstam & Moritz LLP
1313 North Market Street
Suite 1001
19801
Wilmington, DE 19801
302-576-1600
Email: ckwiatkowski@ramllp.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

Roger S. Stronach

ROSS ARONSTAM & MORITZ LLP
Hercules Building
1313 North Market Street, Suite 1001
Wilmington, DE 19801
(302) 576-1600
Email: rstronach@ramllp.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

Examiner

Stephanie Wickouski


represented by
Donald Burke

Willkie Farr & Emery LLP
1875 K Steet, N.W.
Washington, DC 20006-1238
202-303-1000
Email: dburke@willkie.com

Ericka Fredricks Johnson

Bayard P.A.
600 N. King St.
Suite 400
Wilmington, DE 19801
302-429-4275
Email: ejohnson@bayardlaw.com

Brett H. Miller

Willkie Farr & Gallagher LLP
787 7th Avenue
New York, NY 10019-9601
212-728-8000
Fax : 212-728-8111
Email: bmiller@willkie.com

John P Patouhas

Wilkie Farr & Gallagher LLP
787 Seventh Ave
New York, NY 10019-6099
212-728-8873
Email: jpatouhas@wilkie.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
04/16/2025657Affidavit/Declaration of Service re: Certification of Counsel Regarding Scheduling of Omnibus Hearing Dates (Docket No. 646), Order Scheduling Omnibus Hearing Dates (Docket No. 653), Debtors Motion for Entry of an Order Extending the Exclusive Periods to File and Solicit Acceptances of a Chapter 11 Plan and Granting Related Relief (Docket No. 655), Debtors Motion for Entry of an Order Further Extending the Deadline by Which Debtors May File Notices to Remove Actions Pursuant to 28 U.S.C. § 1452 and Bankruptcy Rules 9027 and 9006 (Docket No. 656). Filed by Stretto. (related document(s)646, 653, 655, 656) (Betance, Sheryl) (Entered: 04/16/2025)
04/15/2025656Motion to Extend (Debtors' Motion for Entry of an Order Further Extending the Deadline by Which Debtors May File Notices to Remove Actions Pursuant to 28 U.S.C. § 1452 and Bankruptcy Rules 9027 and 9006) Filed by Silvergate Capital Corporation. Hearing scheduled for 5/13/2025 at 01:00 PM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Objections due by 4/29/2025. (Attachments: # 1 Notice # 2 Exhibit A) (Mathews, Emily) (Entered: 04/15/2025)
04/15/2025655Motion to Extend Exclusivity Period for Filing a Chapter 11 Plan and Disclosure Statement Filed by Silvergate Capital Corporation. Hearing scheduled for 5/13/2025 at 01:00 PM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Objections due by 4/29/2025. (Attachments: # 1 Notice # 2 Exhibit A) (Mathews, Emily) (Entered: 04/15/2025)
04/15/2025654Affidavit/Declaration of Service re: Notice of Second Interim Fee Application Request of Cravath, Swaine & Moore LLP (Docket No. 647), Notice of Second Interim Fee Application Request of Richards, Layton & Finger, P.A., Co-Counsel to Debtors (Docket No. 648), Notice of Second Interim Fee Application Request of Ellerman Enzinna Levy PLLC (Docket No. 649), Second Interim Application of Alixpartners, LLC, Financial Advisor to the Chapter 11 Debtors, for Allowance of Compensation for Professional Services Rendered and Reimbursement of Expenses Incurred for the Period from December 1, 2024 Through February 28, 2025 (Docket No. 650), Notice of Second Interim Application of Sheppard, Mullin, Richter & Hampton LLP, as Special Counsel to the Debtors and Debtors in Possession (Docket No. 651). Filed by Stretto. (related document(s)647, 648, 649, 650, 651) (Betance, Sheryl) (Entered: 04/15/2025)
04/14/2025653Order Scheduling Omnibus Hearing Dates. (Related document(s)646) Omnibus Hearing scheduled for 5/13/2025 at 01:00 PM US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Omnibus Hearing scheduled for 6/4/2025 at 09:30 AM US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Signed on 4/14/2025. (Mml) (Entered: 04/14/2025)
04/14/2025652Interim Application for Compensation Notice of First Interim Fee Application Request of Ross Aronstam & Moritz LLP, Conflicts Counsel to the Debtors for the period December 3, 2024 to February 28, 2025. Filed by Silvergate Capital Corporation. Hearing scheduled for 6/4/2025 at 09:30 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Objections due by 5/5/2025. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C # 4 Exhibit D # 5 Exhibit E # 6 Exhibit F # 7 Exhibit G # 8 Exhibit H) (Ross, David) (Entered: 04/14/2025)
04/14/2025651Interim Application for Compensation // Notice of Second Interim Application of Sheppard, Mullin, Richter & Hampton LLP, as Special Counsel to the Debtors and Debtors in Possession for the period December 1, 2024 to February 28, 2025 Filed by Sheppard, Mullin, Richter & Hampton LLP. Hearing scheduled for 6/4/2025 at 09:30 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Objections due by 5/5/2025. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C # 4 Exhibit D # 5 Exhibit E # 6 Exhibit F # 7 Exhibit G) (Mathews, Emily) (Entered: 04/14/2025)
04/14/2025650Interim Application for Compensation // Second Interim Application of AlixPartners, LLC, Financial Advisor to the Chapter 11 Debtors, for Allowance of Compensation for Professional Services Rendered and Reimbursement of Expenses Incurred for the period from December 1, 2024 to February 28, 2025 Filed by AlixPartners, LLC. Hearing scheduled for 6/4/2025 at 09:30 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Objections due by 5/5/2025. (Attachments: # 1 Notice # 2 Exhibit A) (Mathews, Emily) (Entered: 04/14/2025)
04/14/2025649Interim Application for Compensation // Notice of Second Interim Fee Application Request of Ellerman Enzinna Levy PLLC for the period from December 1, 2024 to February 28, 2025 Filed by Ellerman Enzinna Levy PLLC. Hearing scheduled for 6/4/2025 at 09:30 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Objections due by 5/5/2025. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C # 4 Exhibit D # 5 Exhibit E # 6 Exhibit F # 7 Exhibit G # 8 Exhibit H) (Mathews, Emily) (Entered: 04/14/2025)
04/14/2025648Monthly Application for Compensation //Notice of Second Interim Fee Application Request of Richards, Layton & Finger, P.A., Co-Counsel to Debtors for the period from December 1, 2024 to February 28, 2025 Filed by Richards, Layton & Finger, P.A.. Hearing scheduled for 6/4/2025 at 09:30 AM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Objections due by 5/5/2025. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C # 4 Exhibit D # 5 Exhibit E # 6 Exhibit F # 7 Exhibit G # 8 Exhibit H) (Mathews, Emily) (Entered: 04/14/2025)