SVB Legal and Regulatory Developments – What You Need to Know and Prepare For

U.S. regulators and the market were caught by surprise by the sudden financial distress and meltdowns of Silicon Valley Bank and Signature Bank.   Instead of “Too Big to Fail”, the systemic risk to the banking system was mid-sized bank contagion, prompting Federal receivership and deposit guarantees to prevent other similar bank failures.   We will examine the reasons for the crisis, how it affects the emerging growth company and venture capital ecosystem, ongoing corporate and debt issues related to the crisis, and the ensuing regulatory investigations and ongoing potential fallout, while summarizing key takeaways and areas interested parties need to prepare for.

• Anatomy of SVB and Signature Bank meltdowns – 5 minutes
• FDIC and Federal Reserve Board response – 5 minutes
• Effect on emerging growth and venture capital ecosystem – 5 minutes
• Continuing corporate governance, loan and commercial issues – 15 minutes
• Insider trading and bank run incitement investigations – 15 minutes
• Potential regulatory enforcement action and remedies – 15 minutes

Program Level: Update

Prerequisites: None

Advanced Preparation: None

Faculty:

Matthew Jacobs

DLA Piper LLP (US)

Curtis L. Mo

DLA Piper LLP (US)