Case number: 1:23-bk-10367 - SVB Financial Group and SVB Financial Trust - New York Southern Bankruptcy Court

Case Information
  • Case title

    SVB Financial Group and SVB Financial Trust

  • Court

    New York Southern (nysbke)

  • Chapter

    11

  • Judge

    Martin Glenn

  • Filed

    03/17/2023

  • Last Filing

    04/01/2025

  • Asset

    Yes

  • Vol

    v

Docket Header
MEGANY, MEGA, Lead, FeeDueAP, PENAP, CLMAGT



U.S. Bankruptcy Court
Southern District of New York (Manhattan)
Bankruptcy Petition #: 23-10367-mg

Assigned to: Judge Martin Glenn
Chapter 11
Voluntary
Asset


Date filed:  03/17/2023
341 meeting:  05/31/2023
Deadline for filing claims:  08/11/2023

Debtor

SVB Financial Group

387 Park Ave S.
New York, NY 10016
NEW YORK-NY
Tax ID / EIN: 91-1962278

represented by
James L. Bromley

Sullivan & Cromwell LLP
125 Broad Street
New York, NY 10004
212-558-4923
Email: bromleyj@sullcrom.com

Vincent Edward Lazar

Jenner & Block LLP
353 N. Clark Street
Chicago, IL 60654
(312) 923-2989
Fax : (312) 840-7389
Email: vlazar@jenner.com

Robert A Sacks

Sullivan & Cromwell LLP
1888 Century Park East
Suite 2100
Los Angeles, CA 90067
310-712-6600
Fax : 310-712-8800
Email: sacksr@sullcrom.com

Trustee

U.S. Bank Trust Company, National Association, as trustee


represented by
John R. Ashmead

Seward & Kissel, LLP
One Battery Park Plaza
New York, NY 10006
(212) 574-1200
Fax : (212) 480-8421
Email: ashmead@sewkis.com

U.S. Trustee

United States Trustee

Office of the United States Trustee - NY
Alexander Hamilton Custom House
One Bowling Green, Room 534
New York, NY 10004-1408
(212) 510-0500

represented by
Andrea Beth Schwartz

DOJ-Ust
Alexander Hamilton U.S. Custom House
One Bowling Green
., Room 534
New York, NY 10004
212-510-0500
Email: andrea.b.schwartz@usdoj.gov

Annie Wells

DOJ-Ust
Alexander Hamilton Custom House
One Bowling Green
Suite 511
New York, NY 10004
212-510-0500
Email: annie.wells@usdoj.gov

Claims and Noticing Agent

Kroll Restructuring Administration LLC Claims Agent

(Formerly Prime Clerk LLC)
55 East 52nd Street
17th Floor
www.kroll.com
New York, NY 10055
(212) 257-5450

 
 
Claims and Noticing Agent

Kroll Restructuring Administration LLC

(f/k/a Prime Clerk LLC)
55 East 52nd Street
17th Floor
New York, NY 10055
212-257-5450

 
 
Creditor Committee

Official Committee of Unsecured Creditors of SVB Financial Group


represented by
James Savin

Akin Gump Strauss Hauer & Feld LLP
One Bryant Park
New York, NY 10036
212-872-1000
Email: jsavin@akingump.com

Seth Van Aalten

Cole Schotz P.C.
Cole Schotz P.C.
1325 Avenue of the Americas
19th Floor
New York, NY 10019
646-563-8926
Email: svanaalten@coleschotz.com

David M. Zensky

Akin Gump Strauss Hauer & Feld LLP
One Bryant Park
New York, NY 10036
212-872-1000
Fax : 212-872-1002
Email: dzensky@akingump.com

Creditor Committee

Efficiency and Conflicts Counsel to the Official Committee of Unsecured Creditors of SVB Financial Group
represented by
Seth Van Aalten

(See above for address)

Latest Dockets

Date Filed#Docket Text
04/01/20251743Motion for Omnibus Objection to Claim(s) Liquidating Trust's Fourteenth Omnibus Objection to Certain Proofs of Claims with Brief in Support filed by James L. Bromley on behalf of SVB Financial Trust Responses due by 4/18/2025,. (Bromley, James)
04/01/20251742Affidavit of Service of Thomas Evangelista Regarding Defective Claim Transfer Notices (related document(s)[1708], [1709], [1707], [1706]) filed by Kroll Restructuring Administration LLC.(Steele, Benjamin)
03/25/20251741Memorandum of Law /Brief in Opposition to Plaintiffs' Alleged Standing filed by Kurt F. Gwynne on behalf of Federal Deposit Insurance Corporation, as Receiver for Silicon Valley Bank ("FDIC-R1"). (Gwynne, Kurt)
03/25/20251740Statement of SVB Financial Trust Submitting Its Evidentiary Exhibits in Connection with the JOLs Standing Dispute filed by James L. Bromley on behalf of SVB Financial Trust. (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 # (9) Exhibit I # (10) Exhibit J # (11) Exhibit K # (12) Exhibit L # (13) Exhibit M # (14) Exhibit N # (15) Exhibit O # (16) Exhibit P # (17) Exhibit Q # (18) Exhibit R # (19) Exhibit S # (20) Exhibit T # (21) Exhibit U # (22) Exhibit V # (23) Exhibit W # (24) Exhibit X # (25) Exhibit Y) (Bromley, James)
03/25/20251739Memorandum of Law of SVB Financial Trust in Further Support of Its Objection to the JOLs' Standing (related document(s)[1048]) filed by James L. Bromley on behalf of SVB Financial Trust. (Bromley, James)
03/25/20251738Statement Regarding Exhibit List of the Joint Official Liquidators of Silicon Valley Bank (in Official Liquidation) filed by Richard A Bixter Jr on behalf of Joint Official Liquidators of Silicon Valley Bank (in Official Liquidation). (Attachments: # (1) Exhibit JOLs1 # (2) Exhibit JOLs2 # (3) Exhibit JOLs3 # (4) Exhibit JOLs4 # (5) Exhibit JOLs5 # (6) Exhibit JOLs6 # (7) Exhibit JOLs7 # (8) Exhibit JOLs8 # (9) Exhibit JOLs9 # (10) Exhibit JOLs10 # (11) Exhibit JOLs11 # (12) Exhibit JOLs12 # (13) Exhibit JOLs13 # (14) Exhibit JOLs14 # (15) Exhibit JOLs15 # (16) Exhibit JOLs16 # (17) Exhibit JOLs17 # (18) Exhibit JOLs18 # (19) Exhibit JOLs19 # (20) Exhibit JOLs20 # (21) Exhibit JOLs21 # (22) Exhibit JOLs22 # (23) Exhibit JOLs23 # (24) Exhibit JOLs24 # (25) Exhibit JOLs25 # (26) Exhibit JOLs26 # (27) Exhibit JOLs27 # (28) Exhibit JOLs28 # (29) Exhibit JOLs29 # (30) Exhibit JOLs30 # (31) Exhibit JOLs31 # (32) Exhibit JOLs32 # (33) Exhibit JOLs33 # (34) Exhibit JOLs34 # (35) Exhibit JOLs35 # (36) Exhibit JOLs36 # (37) Exhibit JOLs37 # (38) Exhibit JOLs38 # (39) Exhibit JOLs39 # (40) Exhibit JOLs40 # (41) Exhibit JOLs41 # (42) Exhibit JOLs42 # (43) Exhibit JOLs43 # (44) Exhibit JOLs44 # (45) Exhibit JOLs45 # (46) Exhibit JOLs46 # (47) Exhibit JOLs47 # (48) Exhibit JOLs48 # (49) Exhibit JOLs49 # (50) Exhibit JOLs50 # (51) Exhibit JOLs51 # (52) Exhibit JOLs52 # (53) Exhibit JOLs53 # (54) Exhibit JOLs54 # (55) Exhibit JOLs55 # (56) Exhibit JOLs56 # (57) Exhibit JOLs57 # (58) Exhibit JOLs58 # (59) Exhibit JOLs59 # (60) Exhibit JOLs60 # (61) Exhibit JOLs61 # (62) Exhibit JOLs62 # (63) Exhibit JOLs63 # (64) Exhibit JOLs64 # (65) Exhibit JOLs65 # (66) Exhibit JOLs66 # (67) Exhibit JOLs67 # (68) Exhibit JOLs68 # (69) Exhibit JOLs69 # (70) Exhibit JOLs70 # (71) Exhibit JOLs71 # (72) Exhibit JOLs72 # (73) Exhibit JOLs73 # (74) Exhibit JOLs74 # (75) Exhibit JOLs75 # (76) Exhibit JOLs76 # (77) Exhibit JOLs77 # (78) Exhibit JOLs78 # (79) Exhibit JOLs79 # (80) Exhibit JOLs80 # (81) Exhibit JOLs81 # (82) Exhibit JOLs82 # (83) Exhibit JOLs83 # (84) Exhibit JOLs84 # (85) Exhibit JOLs85 # (86) Exhibit JOLs86 # (87) Exhibit JOLs87 # (88) Exhibit JOLs88 # (89) Exhibit JOLs89 # (90) Exhibit JOLs90 # (91) Exhibit JOLs91 # (92) Exhibit JOLs92 # (93) Exhibit JOLs94 # (94) Exhibit JOLs95 # (95) Exhibit JOLs96 # (96) Exhibit JOLs97 # (97) Exhibit JOLs98 # (98) Exhibit JOLs99 # (99) Exhibit JOLs100 # (100) Exhibit JOLs101 # (101) Exhibit JOLs102 # (102) Exhibit JOLs103 # (103) Exhibit JOLs104 # (104) Exhibit JOLs105 # (105) Exhibit JOLs106 # (106) Exhibit JOLs107 # (107) Exhibit JOLs108 # (108) Exhibit JOLs109 # (109) Exhibit JOLs110 # (110) Exhibit JOLs111 # (111) Exhibit JOLs112 # (112) Exhibit JOLs113 # (113) Exhibit JOLs114 # (114) Exhibit JOLs115 # (115) Exhibit JOLs116 # (116) Exhibit JOLs117 # (117) Exhibit JOLs118 # (118) Exhibit JOLs119 # (119) Exhibit JOLs120 # (120) Exhibit JOLs121 # (121) Exhibit JOLs122 # (122) Exhibit JOLs123 # (123) Exhibit JOLs124 # (124) Exhibit JOLs125 # (125) Exhibit JOLs126 # (126) Exhibit JOLs127 # (127) Exhibit JOLs128 # (128) Exhibit JOLs129 # (129) Exhibit JOLs130 # (130) Exhibit JOLs131 # (131) Exhibit JOLs132 # (132) Exhibit JOLs133 # (133) Exhibit JOLs134 # (134) Exhibit JOLs135 # (135) Exhibit JOLs136 # (136) Exhibit JOLs137 # (137) Exhibit JOLs138 # (138) Exhibit JOLs139 # (139) Exhibit JOLs140 # (140) Exhibit JOLs141 # (141) Exhibit JOLs142 # (142) Exhibit JOLs143 # (143) Exhibit JOLs144 # (144) Exhibit JOLs145 # (145) Exhibit JOLs146 # (146) Exhibit JOLs147 # (147) Exhibit JOLs148 # (148) Exhibit JOLs149 # (149) Exhibit JOLs150 # (150) Exhibit JOLs151 # (151) Exhibit JOLs152 # (152) Exhibit JOLs153 # (153) Exhibit JOLs154 # (154) Exhibit JOLs155 # (155) Exhibit JOLs156 # (156) Exhibit JOLs157 # (157) Exhibit JOLs158 # (158) Exhibit JOLs159 # (159) Exhibit JOLs160 # (160) Exhibit JOLs161 # (161) Exhibit JOLs162 # (162) Exhibit JOLs163 # (163) Exhibit JOLs164 # (164) Exhibit JOLs165 # (165) Exhibit JOLs166 # (166) Exhibit JOLs167 # (167) Exhibit JOLs169 # (168) Exhibit JOLs170 # (169) Exhibit JOLs171 # (170) Exhibit JOLs172 # (171) Exhibit JOLs173 # (172) Exhibit JOLs174 # (173) Exhibit JOLs175 # (174) Exhibit JOLs176 # (175) Exhibit JOLs177 # (176) Exhibit JOLs178 # (177) Exhibit JOLs179 # (178) Exhibit JOLs180 # (179) Exhibit JOLs181 # (180) Exhibit JOLs182 # (181) Exhibit JOLs183 # (182) Exhibit JOLs184 # (183) Exhibit JOLs185 # (184) Exhibit JOLs186 # (185) Exhibit JOLs187 # (186) Exhibit JOLs188 # (187) Exhibit JOLs189 # (188) Exhibit JOLs190 # (189) Exhibit JOLs191 # (190) Exhibit JOLs192 # (191) Exhibit JOLs193 # (192) Exhibit JOLs194 # (193) Exhibit JOLs195 # (194) Exhibit JOLs196 # (195) Exhibit JOLs197 # (196) Exhibit JOLs198 # (197) Exhibit JOLs199 # (198) Exhibit JOLs200 # (199) Exhibit JOLs201 # (200) Exhibit JOLs202 # (201) Exhibit JOLs203 # (202) Exhibit JOLs204 # (203) Exhibit JOLs205 # (204) Exhibit JOLs206 # (205) Exhibit JOLs207 # (206) Exhibit JOLs208 # (207) Exhibit JOLs209 # (208) Exhibit JOLs210 # (209) Exhibit JOLs211 # (210) Exhibit JOLs212 # (211) Exhibit JOLs213 # (212) Exhibit JOLs214 # (213) Exhibit JOLs215 # (214) Exhibit JOLs216 # (215) Exhibit JOLs217 # (216) Exhibit JOLs218 # (217) Exhibit JOLs219 # (218) Exhibit JOLs220 # (219) Exhibit JOLs221 # (220) Exhibit JOLs222 # (221) Exhibit JOLs223) (Bixter, Richard)
03/25/20251737Declaration of Niall Ledwidge in Support of JOLs' Pre-Trial Brief on Standing filed by Warren E. Gluck on behalf of Joint Official Liquidators of Silicon Valley Bank (in Official Liquidation). (Attachments: # (1) Exhibit 1 # (2) Exhibit 2 # (3) Exhibit 3 # (4) Exhibit 4 # (5) Exhibit 5 # (6) Exhibit 6 # (7) Exhibit 7 # (8) Exhibit 8 # (9) Exhibit 9 # (10) Exhibit 10 # (11) Exhibit 11 # (12) Exhibit 12 # (13) Exhibit 13 # (14) Exhibit 14 # (15) Exhibit 15 # (16) Exhibit 16 # (17) Exhibit 17 # (18) Exhibit 18 # (19) Exhibit 19 # (20) Exhibit 20) (Gluck, Warren)
03/25/20251736Memorandum of Law Pre-Trial Brief in Support of Standing filed by Warren E. Gluck on behalf of Joint Official Liquidators of Silicon Valley Bank (in Official Liquidation). (Gluck, Warren)
03/24/20251735Affidavit of Service of Nelson Crespin Regarding Notice of Omnibus Hearing Date (related document(s)[1726]) filed by Kroll Restructuring Administration LLC.(Steele, Benjamin)
03/21/20251734Affidavit of Service of Eladio Perez Regarding Notice of Cancellation of Hearing Scheduled for March 11, 2025 at 3:00 p.m. (prevailing Eastern Time) (related document(s)[1725]) filed by Kroll Restructuring Administration LLC.(Malo, David)