IN RE SVB FINANCIAL GROUP

Case No. 23-10367(MG).

651 B.R. 856 (2023)

IN RE: SVB FINANCIAL GROUP, Debtor.

United States Bankruptcy Court, S.D. New York.

Signed May 17, 2023.


Attorney(s) appearing for the Case

REED SMITH LLP, Counsel for Federal Deposit Insurance Corporation as Receiver for Silicon Valley Bank, 599 Lexington Avenue, New York, NY 10022, By: Kurt F. Gwynne, Esq. , Casey D. Laffey, Esq. , Derek J. Baker, Esq. , Keith M. Aurzada, Esq. .

SULLIVAN & CROMWELL LLP, Counsel for Debtor and Debtor-in-Possession, 125 Broad Street, New York, NY 10004-2498, By: James L. Bromley, Esq. , Andrew G. Dietderich, Esq. , Christian P. Jensen, Esq. .

AKIN GUMP STRAUSS HAUER & FELD LLP, Counsel to the Official Committee of Unsecured Creditors, One Bryant Park, New York, New York 10036, By: Ira S. Dizengoff, Esq. , David M. Zensky, Esq. , Joseph L. Sorkin, Esq. , Brad M. Kahn, Esq. , James R. Savin, Esq. .

DAVIS POLK & WARDWELL LLP, Counsel to the Ad Hoc Group of Senior Noteholders, 450 Lexington Avenue, New York, New York 10017, By: Marshall S. Huebner, Esq. , Elliot Moskowitz, Esq. , Angela M. Libby, Esq. , David Schiff, Esq. , Aryeh Ethan Falk, Esq. .

WHITE & CASE LLP, Counsel to the Ad Hoc Cross-Holder Group, 1221 Avenue of the Americas, New York, NY 10020, By: Thomas E Lauria, Esq. , Brian Pfeiffer, Esq. , Glenn Kurtz, Esq. .


MEMORANDUM OPINION AND ORDER DENYING FDIC-R MOTION TO ESTABLISH TAX ESCROW ACCOUNT

Pending before the Court is the motion of the Federal Deposit Insurance Corporation as Receiver ("FDIC-R") seeking entry of an order to...

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