Hunton Andrews Kurth LLP has assembled a cross-disciplinary team consisting of attorneys from our bank regulatory, finance, structured finance and securitization, capital markets, securities, private equity/VC, M&A, employers’ rights, insurance, real estate, and bankruptcy, restructuring and creditors’ rights practices to assist clients with the unfolding situations involving Silicon Valley Bank, Signature Bank and any similarly situated banks. 

Please contact any of the attorneys listed on this page, any other attorney you regularly work with at Hunton, or reach out via email to HuntonTroubledBankTaskForce@huntonak.com, to be connected with our team monitoring and helping clients respond to these issues and continuing developments.

Alerts:

• Recent Bank Runs and the Need for a Permanent Transaction Account Guarantee Program, March 22, 2023
• Lessons from “The Gambler”: Cash Management, Bank Failures and an Ace to Keep, March 17, 2023
• Bank Turmoil Brings Increased Risk of Litigation and Investigations, March 16, 2023
• Silicon Valley Bank: What the 2nd Largest US Bank Failure Means for Policyholders, March 16, 2023
• Bank Term Funding Program: Understanding Borrowing from the Federal Reserve Bank, March 15, 2023
• Federal Reserve Launches New Bank Term Facility Program; First Republic Bank Receives Private Sector Liquidity, March 13, 2023
• Signature Bank: What to Know About March 12, 2023 Closing, FDIC Receivership and Bridge Bank, March 13, 2023
• Silicon Valley Bank: March 13, 2023 Updates on FDIC Receivership and Bridge Bank, March 13, 2023
• Silicon Valley Bank: What To Know About the 2nd Largest Bank Failure in US History, March 10, 2023

 
Media and Publications:

• BankThink: ‘Moral hazard’ is an outdated concept. SVB and Signature prove it, American Banker, March 16, 2023 (Peter Weinstock, Author)

• What will it take to stop the cycle of fear, American Banker, March 20, 2023 (Peter Weinstock Quoted)

Key Resources:

• Federal Reserve FAQs about BTFP
• FDIC Page on Signature Bank
• FDIC Page on SVB

Services:

• Financial Services
• Financial Institutions Corporate and Regulatory
• Banking and Finance
• Structured Finance and Securitization
• Capital Markets and Securities
• Private Equity
• Mergers and Acquisitions
• Labor and Employment
• Bankruptcy, Restructuring and Creditors’ Rights