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

    12/12/2025

  • 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
12/12/20251117Affidavit/Declaration of Service re: (Supplemental) Notice of (I) Approval of Disclosure Statement, (II) Establishment of Voting Record Date, (III) Hearing on Confirmation of the Proposed Plan, (IV) Procedures for Objection to Confirmation of the Proposed Plan, and (V) Procedures and Deadline for Voting on the Plan (Docket No. 972), Findings of Fact, Conclusions of Law, and Order Confirming First Amended Joint Chapter 11 Plan of Silvergate Capital Corporation and Its Affiliated Debtors (Docket No. 1077), Notice of Unimpaired Non-Voting Status (Class 9 (Common Stock Interests)) and Opt In Election Form for Holders of Non-Voting Unimpaired Interests (Class 9 (Common Stock Interests)) (attached hereto as Exhibit A). Filed by Stretto. (related document(s)[972], [1077]) (Betance, Sheryl)
12/12/20251116Affidavit/Declaration of Service re: Certification of Counsel Regarding Scheduling of Omnibus Hearing Date (Docket No. 1107), Certification of Counsel Regarding Stipulation Regarding the Examiner Parties Fees and Expenses (Docket No. 1108), Certification of Counsel Regarding Order Approving Second Combined Monthly and First Interim Application of Stephanie Wickouski and Pivot Group for Compensation for Services Rendered and Reimbursement of Expenses as Examiner and Advisor to the Examiner for the Monthly Period from April 1, 2025 Through and Including May 31, 2025 and the Interim Period from January 31, 2025 Through and Including May 31, 2025 (Docket No. 1109), Order Scheduling Omnibus Hearing Date (Docket No. 1110), Order Approving Stipulation Regarding the Examiner Parties Fees and Expenses (Docket No. 1111), Order Approving Second Combined Monthly and First Interim Application of Stephanie Wickouski and Pivot Group for Compensation for Services Rendered and Reimbursement of Expenses as Examiner and Advisor to the Examiner for the Monthly Period from April 1, 2025 Through and Including May 31, 2025 and the Interim Period from January 31, 2025 Through and Including May 31, 2025 (Docket No. 1112), 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. 1115). Filed by Stretto. (related document(s)[1107], [1108], [1109], [1110], [1111], [1112], [1115]) (Betance, Sheryl)
12/11/20251115Motion 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 1/15/2026 at 03:00 PM at US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Objections due by 12/26/2025. (Attachments: # 1 Notice # 2 Exhibit A) (Meehan, Colin) (Entered: 12/11/2025)
12/11/20251114Certificate of No Objection - No Order Required Regarding Fourteenth 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, 2025 to October 31, 2025 (related document(s)1092) Filed by Silvergate Capital Corporation. (Meehan, Colin) (Entered: 12/11/2025)
12/11/20251113Certificate of No Objection - No Order Required Regarding Fourteenth Monthly Fee 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 October 1, 2025 to October 31, 2025 (related document(s)1091) Filed by Silvergate Capital Corporation. (Meehan, Colin) (Entered: 12/11/2025)
12/11/20251112Order Approving Second Combined Monthly and First Interim Application of Stephanie Wickouski and Pivot Group for Compensation for Services Rendered and Reimbursement of Expenses as Examiner and Advisor to the Examiner for the Monthly Period from April 1, 2025 through and including May 31, 2025 and the Interim Period from January 31, 2025 through and including May 31, 2025 (related document(s)838, 907, 1109) Order Signed on 12/11/2025. (CEB) (Entered: 12/11/2025)
12/11/20251111Order Approving Stipulation Regarding the Examiner Parties' Fees and Expenses (related document(s)665, 783, 838, 886, 1108) Order Signed on 12/11/2025. (Attachments: # 1 Exhibit 1) (CEB) (Entered: 12/11/2025)
12/11/20251110Order Scheduling Omnibus Hearing. (Related document(s)1107) Omnibus Hearing scheduled for 1/15/2026 at 03:00 PM US Bankruptcy Court, 824 Market St., 6th Fl., Courtroom #3, Wilmington, Delaware. Signed on 12/11/2025. (CEB) (Entered: 12/11/2025)
12/10/20251109Certification of Counsel Regarding Order Approving Second Combined Monthly and First Interim Application of Stephanie Wickouski and Pivot Group for Compensation for Services Rendered and Reimbursement of Expenses as Examiner and Advisor to the Examiner for the Monthly Period from April 1, 2025 through and including May 31, 2025 and the Interim Period from January 31, 2025 through and including May 31, 2025 (related document(s)838, 907) Filed by Silvergate Capital Corporation. (Attachments: # 1 Exhibit A) (Meehan, Colin) (Entered: 12/10/2025)
12/10/20251108Certification of Counsel Regarding Stipulation Regarding the Examiner Parties' Fees and Expenses (related document(s)499, 562, 563, 564, 571, 665, 783, 838, 886, 907) Filed by Silvergate Capital Corporation. (Attachments: # 1 Exhibit A) (Meehan, Colin) (Entered: 12/10/2025)