Grant Butler, an lawyer on the Okay&L Gates legislation agency, instructed CoinDesk the SVB receivership is structured in a different way from the Signature Financial institution receivership. SVB has been structured to try to liquidate its belongings, whereas Signature was arrange with the obvious expectation of a purchaser, which allowed for operations to stay uninterrupted.
FDIC Planning to Strive Auctioning Silicon Valley Financial institution Once more: WSJ
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