A Foreign Branch of an FDIC-Insured U.S. Bank Is Ineligible for Chapter 15 | ABI

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March 1, 2024

A Foreign Branch of an FDIC-Insured U.S. Bank Is Ineligible for Chapter 15

A foreign branch of a U.S. bank isn’t a foreign bank eligible for chapter 15.

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Opinion Link

View Opinion

https://abi-opinions.s3.amazonaws.com/Silicon+Bank+Caymans.pdf

Case Details

Case Citation

In re Silicon Valley Bank (Cayman Islands Branch), 24-1076 (Bankr. S.D.N.Y. Feb. 22, 2024)

Case Name

In re Silicon Valley Bank (Cayman Islands Branch)

Case Type

Court

New York Southern District

Bankruptcy Tags

Business Reorganization

International Insolvency