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Silvergate Capital Corporation

COURT
Delaware Bankruptcy Court
CASE NUMBER
1:2024bk12158
TYPE / CHAPTER
Voluntary / 11

Filed

9-17-24

Updated

9-18-24

Last Checked

9-18-24

Assets

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Liabilities

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Docket

Last Updated
Sep 18, 2024
Last Entry Filed
Sep 18, 2024

Docket Entries by Day

Sep 17 1 Petition Chapter 11 Voluntary Petition . Fee Amount $1738. Filed by Silvergate Capital Corporation. (Heath, Paul) (Entered: 09/17/2024)
Sep 17 2 Motion for Joint Administration Filed by Silvergate Capital Corporation, Silvergate Liquidation Corporation, Spring Valley Lots, LLC. (Merchant, Michael) (Entered: 09/17/2024)
Sep 17 3 Application to Appoint Claims/Noticing Agent STRETTO Filed By Silvergate Capital Corporation (Queroli, David) (Entered: 09/17/2024)
Sep 18 4 Motion Regarding Chapter 11 First Day Motions (Debtors' Motion for Entry of Order (I) Authorizing the Debtors to (A) Redact Personally Identifiable Information for Individuals, and (B) File a Consolidated Creditor Matrix, (II) Waiving Requirement to File a List of Equity Security Holders, and (III) Granting Related Relief) Filed By Silvergate Capital Corporation (Mathews, Emily) (Entered: 09/18/2024)
Sep 18 5 Motion to Pay Sales and Use Taxes (Debtors' Motion for Entry of Interim and Final Orders (I) Authorizing the Payment of Certain Prepetition Taxes and Fees and (II) Granting Related Relief) Filed By Silvergate Capital Corporation (Heath, Paul) (Entered: 09/18/2024)
Sep 18 6 Motion Regarding Chapter 11 First Day Motions (Debtors' Motion for Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Continue Insurance Coverage Entered Into Prepetition and Satisfy Prepetition Obligations Related Thereto and (B) Renew, Amend, Supplement, Extend, or Purchase Insurance Policies and (II) Granting Related Relief) Filed By Silvergate Capital Corporation (Colson, Gabrielle) (Entered: 09/18/2024)
Sep 18 7 Motion to Pay Employee Wages (Debtors' Motion for Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Pay Prepetition Wages and Compensation, Fees, Withholdings, and Taxes, (B) Continue Certain Employee Benefit Programs, (C) Continue Certain Health and Insurance Benefit Programs, and; (II) Granting Related Relief) Filed By Silvergate Capital Corporation (Heath, Paul) (Entered: 09/18/2024)
Sep 18 8 Motion to Maintain Bank Accounts (Debtors' Motion for Entry of Interim and Final Orders (I) Authorizing the Debtors to (A) Continue to Operate Their Cash Management System, (B) Extending the Time to Comply With Section 345(b), (C) Honor Certain Prepetition Obligations Related Thereto, (D) Maintain Existing Business Forms and (E) Continue Certain Intercompany Transactions; (II) Granting Related Relief) Filed By Silvergate Capital Corporation (Heath, Paul) (Entered: 09/18/2024)
Sep 18 9 Affidavit/Declaration in Support of First Day Motion (Declaration of Elaine Hetrick in Support of the Debtors' Chapter 11 Petitions and First Day Motions) Filed By Silvergate Capital Corporation (Queroli, David) (Entered: 09/18/2024)
Sep 18 10 Chapter 11 Plan of Reorganization (Joint Chapter 11 Plan of Silvergate Capital Corporation and Its Affiliated Debtors) Filed by Silvergate Capital Corporation (Queroli, David) (Entered: 09/18/2024)

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Case Information

Court
Delaware Bankruptcy Court
Case number
1:2024bk12158
Assets
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Liabilities
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Judge
Chapter
11
Filed
Sep 17, 2024
Type
voluntary
Updated
Sep 18, 2024
Last checked
Sep 18, 2024

Associated Cases

    No creditors on this case yet.

    Parties

    Debtor

    Silvergate Capital Corporation
    4225 Executive Square
    Suite 600
    La Jolla, CA 92037
    SAN DIEGO-CA
    Tax ID / EIN: xx-xxx7337

    Represented By

    Gabrielle Colson
    Richards, Layton & Finger, P.A.
    920 North King Street
    Wilmington, DE 19801
    302-651-7813
    Email: colson@rlf.com
    Paul Noble Heath
    Richards, Layton & Finger
    One Rodney Square
    920 North King Street
    Wilmington, DE 19801
    302-651-7700
    Fax : 302-651-7701
    Email: heath@rlf.com
    Emily Rae Mathews
    Richards, Layton & Finger
    One Rodney Square
    920 King Street
    Wilmington, DE 19801
    302-651-7655
    Email: mathews@rlf.com
    Michael Joseph Merchant
    Richards Layton & Finger, P.A.
    One Rodney Square
    920 North King Street
    Wilmington, DE 19801
    usa
    302-651-7700
    Fax : 302-651-7701
    Email: merchant@rlf.com
    David T Queroli
    Richards, Layton & Finger
    One Rodney Square
    920 North King Street
    Wilmington, DE 19801
    302-651-7700
    Fax : 302-651-7701
    Email: Queroli@rlf.com

    U.S. Trustee

    U.S. Trustee
    Office of the United States Trustee
    J. Caleb Boggs Federal Building
    844 King Street, Suite 2207
    Lockbox 35
    Wilmington, DE 19801
    (302)-573-6491

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