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

    06/01/2026

  • 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
06/01/20261889Order of U.S. District Court Judge Vernon S. Broderick signed on 6/1/2026. (RRO)
05/27/2026Adversary Case 1:25-ap-1150 Closed. This Adversary Proceeding is Closed Subject to the Filing of a Notice of Appeal Within Fourteen (14) Days of the Entry of the Order Terminating this Adversary Proceeding. (Anderson, Deanna)
05/26/20261888Order, Signed on 5/26/2026, Granting the Third Motion of the Liquidating Trust for Entry of an Order Extending the Deadline to Object to Proofs of Claim (Related Doc # [1881]). The Claims Objection Deadline is hereby extended 180 days from May 4, 2026 through and including November 2, 2026, without prejudice to the right of the Liquidating Trust to seek further extensions of the Claims Objection Deadline. (Anderson, Deanna)
05/15/20261887Master Service List Pursuant to LR 2002-5 as of May 15, 2026 filed by Kroll Restructuring Administration LLC Claims Agent.(Steele, Benjamin)
05/12/20261886Affidavit of Service of Sonia Akter Regarding Certificate of No Objection to the Liquidating Trusts Motion for Entry of an Order Extending the Deadline to Object to Proofs of Claim (related document(s)[1885]) filed by Kroll Restructuring Administration LLC.(Steele, Benjamin)
05/08/20261885Certificate of No Objection Pursuant to LR 9013-3 Certificate of No Objection to the Liquidating Trust's Third Motion for Entry of an Order Extending the Deadline to Object to Proofs of Claim Filed by Christian Paul Jensen on behalf of SVB Financial Trust. (Jensen, Christian)
04/21/20261884Scheduling Order signed on 4/21/2026. (related document(s)[1881]) (Anderson, Deanna)
04/21/20261883Chapter 11 Post-Confirmation Report for the Quarter Ending: 03/31/2026 Filed by Angela Libby on behalf of SVB Financial Trust. (Libby, Angela)
04/20/20261882Affidavit of Service of Sonia Akter Regarding Notice of SVB Financial Trusts Third Motion to Extend the Deadline to Object to Proofs of Claim (related document(s)[1881]) filed by Kroll Restructuring Administration LLC.(Malo, David)
04/17/20261881Third Motion to Extend Time Third Motion of the Liquidating Trust for Entry of an Order Extending the Deadline to Object to Proofs of Claim filed by Christian Paul Jensen on behalf of SVB Financial Trust Responses due by 5/1/2026,. (Jensen, Christian)