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

Case Information
  • Case title

    SVB Financial Group

  • Court

    New York Southern (nysbke)

  • Chapter

    11

  • Judge

    Martin Glenn

  • Filed

    03/17/2023

  • Last Filing

    05/03/2024

  • 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
05/03/20241092Notice of Adjournment of Hearing Notice of Further Adjournment of Hearing to Consider Debtor's Third Omnibus Objection to Certain Proofs of Claims with Respect to Microsoft Corporation Claim filed by James L. Bromley on behalf of SVB Financial Group. with hearing to be held on 6/5/2024 at 10:00 AM at Courtroom 523 (MG) (Bromley, James)
05/03/20241091Notice of Adjournment of Hearing Notice of Further Adjournment of Hearing to Consider Debtor's Third Omnibus Objection to Certain Proofs of Claims with Respect to Paul Simons Claim filed by James L. Bromley on behalf of SVB Financial Group. with hearing to be held on 6/5/2024 at 10:00 AM at Courtroom 523 (MG) (Bromley, James)
05/03/20241090Order, Signed on 5/3/2024, Shortening Notice with Respect to Debtor's Motion for Entry of Orders (I)(A) Approving Buyer Protections, (B) Scheduling a Sale Hearing, (C) Approving Form and Manner of Notices for Sale of the SVB Capital Business, (D) Approving Assumption and Assignment Procedures, and (E) Granting Related Relief, and (II)(A) Approving the SVB Capital Purchase Agreement, (B) Approving the Sale of the SVB Capital Business Free and Clear of Liens, Claims, Interests and Encumbrances, (C) Authorizing Assumption and Assignment of Executory Contracts and (D) Granting Related Relief (Related Doc # [1083]). Hybrid Hearing to be held on 5/16/2024 at 02:00 PM at Courtroom 523 (MG). (Anderson, Deanna)
05/03/20241089Affidavit of Service (Supplemental) of Paul Pullo Regarding Order Authorizing the Assumption and Assignment of Certain Executory Contracts (related document(s)[895]) filed by Kroll Restructuring Administration LLC.(Malo, David)
05/03/20241087Disclosure Statement Notice of Filing of Revised Disclosure Statement and Related Appendices and Exhibits filed by James L. Bromley on behalf of SVB Financial Group. (Bromley, James)
05/03/20241086Chapter 11 Plan Notice of Filing of the Debtor's First Amended Plan of Reorganization Under Chapter 11 of the Bankruptcy Code filed by James L. Bromley on behalf of SVB Financial Group. (Bromley, James)
05/03/20241085Motion to Assume Leases or Executory Contracts Notice of Proposed Assumption and Assignment of Executory Contracts or Unexpired Leases and Cure Amount filed by James L. Bromley on behalf of SVB Financial Group. (Bromley, James)
05/02/20241088Response To Debtor's Fourth Omnibus Objections To Claim (Claim #1046) filed by James Prindible. (Cappiello, Karen)
05/02/20241084Statement Notice of Filing of Certain Cleansing Materials filed by James L. Bromley on behalf of SVB Financial Group. (Bromley, James)
05/02/20241083Motion to Shorten Time Debtor's Ex Parte Motion for Entry of an Order Shortening Notice with Respect to Debtor's Motion for Entry of Orders (I)(A) Approving Buyer Protections, (B) Scheduling a Sale Hearing, (C) Approving Form and Manner of Notices for Sale of the SVB Capital Business, (D) Approving Assumption and Assignment Procedures, and (E) Granting Related Relief, and (II)(A) Approving the SVB Capital Purchase Agreement, (B) Approving the Sale of the SVB Capital Business Free and Clear of Liens, Claims, Interests and Encumbrances, (C) Authorizing Assumption and Assignment of Executory Contracts and (D) Granting Related Relief filed by James L. Bromley on behalf of SVB Financial Group. (Bromley, James)