California Lawyers Association

Business Law Financial Institutions Committee

Updates from the BLS Financial Institutions Committee

On May 8, 2023, the California Department of Financial Protection and Innovation (CDFPI) released a report related to its supervision of Silicon Valley Bank (SVB).  Read more
The banking industry, both within the U.S. and internationally, experienced significant disruption in March 2023. Below is a summary of key events that occurred in March, including events related to the second- and third-largest bank failures in U.S. history: Silicon Valley Bank (SVB), Santa Clara, CA, and Signature Bank, New York, NY, respectively. Embedded hyperlinks will take readers to relevant source materials. Read more
FIC ebulletin prepared by Mike Slattery, Tom Kelch and Barry Glaser, Bankruptcy Practice Group at Lamb & Kawakami LLP On February 19, a new bankruptcy law became effective. The new law makes it easier for borrowers to change the terms of secured loans. Keep reading. The end of this article summarizes those changes. It’s ironic, but it costs a lot of money for a business to go through a Chapter 11 reorganization. There is a lot of paperwork and court… Read more
On March 12, the Financial Institutions Committee, the San Francisco Bank Attorneys Association and Financial Women of San Francisco co-hosted a special presentation on “The Financial Services Industry in the Crossroads: Legal, Regulatory and Technology Developments and Disruptors.” The presentation included seven panelists, and approximately 100 people in the banking industry attended the event, which is held annually at the San Francisco Federal Reserve Board. Read more

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