By Brad Kutner | March 17, 2023
While investigations are yet to be confirmed, SEC Chair Gary Gensler released a statement earlier this week that warned he was watching for anything unscrupulous in the wake of SVB's closure and federal takeover.
By Patrick Smith | March 17, 2023
Longtime S&C senior chair Rodgin Cohen is representing First Republic, while Davis Polk is working with the 11 largest banks making investments in First Republic.
Delaware Business Court Insider
By ALM Staff | March 16, 2023
This suit was surfaced by Law.com Radar. Read the complaint here.
By Greg Andrews | March 16, 2023
"Behind the fancy facade, depositors never really know how safe their money is, and when fear starts to spread, depositors run to get their money out," London School of Economics' Jon Danielsson, Robert Macrae and Nikola Tchouparov wrote this week.
National Law Journal | Commentary
By Cynthia Emesibe and Allison Watkins Mallick | March 15, 2023
Creating a single bitcoin requires 750.33 kilowatt-hours of electricity, which is the equivalent of powering a house for 25.72 days. Recent crypto-focused legislative proposals are an indicator of the increased attention on energy usage and environmental impacts of the cryptocurrency industry.
By Jane Wester | March 14, 2023
The lawsuit, which accuses officers of making false statements that artificially inflated the value of its securities, is believed to be the first civil suit filed against the bank.
By Jessie Yount | Justin Henry | March 14, 2023
As clients scrambled to access and move funds from Silicon Valley Bank accounts over the weekend, many law firms quickly pivoted to provide resources and guidance.
By Rhys Dipshan | March 14, 2023
While a worst-case-scenario was avoided after the FDIC backstopped SVB's deposits, the impact of the bank's demise will likely reverberate across the legal tech market, which has numerous ties to SVB, for weeks and months to come.
By Nicholas Blank and King Chan, Nardello & Co. | March 13, 2023
Under new rules going into effect June 1, 2023, the Hong Kong cryptocurrency market will be opened to retail investors, while cryptocurrency exchanges are required to obtain virtual asset service provider, or VASP, licenses.
By Hugo Guzman | March 10, 2023
"He's got to be at the table, because this is one of those situations where he's either at the table, or the bank is on the menu," said Holland & Knight partner Rich Gold.
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