Correction: An earlier version of this story incorrectly stated Cooley was advising Silicon Valley Bank. Amid rising inflation and a precarious economic climate, one of Silicon Valley’s most acclaimed financial institutions has collapsed, sending tech companies into a frenzy and its general counsel, Michael Zuckert, likely into the fray against an uncertain federal response.

Silicon Valley Bank (SVB), founded in 1983, has been shut down by the Federal Deposit Insurance Corp. (FDIC) following a liquidity crisis. Law firms Holland & Knight and Sullivan & Cromwell are advising SVB, according to various reports.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]