Failed-Bank Response Team
Count on us for the insight.
Our multi-disciplined response team has been working around the clock to advise clients and help them actively plan for the ripple effects of recent bank failures and the government’s ongoing efforts to stabilize the financial markets. Recognizing the need for reliable intelligence and immediate advice as this situation unfolds, our attorneys are prepared to answer any questions you may have related to your stakeholder obligations, vendor contracts, cash flow needs, ability to access deposits and lines of credit, as well as any other questions.
Response Team Contacts
To point you in the right direction.
Partner
Louisville, KY
Nashville, TN
Partner
Louisville, KY
Office Partner-in-Charge
San Francisco, CA
Practice Group Vice-Chair
Charleston, WV
Partner
Louisville, KY
Featured Insights
In the News:
How to Keep Corporate Accounts Safe Amid Bank Collapse JittersPublication: Bloomberg
Publish Date: March 23, 2023
In the News:
Local banks, experts on what the Silicon Valley Bank, Signature Bank failures means for LouisvillePublication: Louisville Business First
In the News:
As banking sector teeters, could S.F.’s First Republic collapse next?Publication: San Francisco Chronicle
In the News:
How the FDIC Protects Your Money After a Bank RunPublication: U.S. News & World Report
In the News
Explore the latest news stories for which our attorneys lent their perspective.
“Contagion effect? Local VCs talk SVB fallout, impact on Ohio,” Cincinnati Business Journal
“This is unprecedented. In 2008, banks that (failed) were plagued by bad assets that deteriorated over time. We saw it coming. SVB … it failed in 48 hours, and in the age of social media, it was an old-fashioned run on the bank. The issue now is how do we help our impacted clients: do they want to sit and wait or how do we help them move their relationship to another financial institution?”
Nathan Berger | Partner | Louisville, KY
“As banking sector teeters, could S.F.’s First Republic collapse next?,” San Francisco Chronicle
“Where you get into more difficult problems is if, for example, you have a company that has a million-dollar line of credit, and they use that line of credit to handle their operations.”
Ted Bacon | Office Partner-in-Charge | San Francisco, CA
“How the FDIC Protects Your Money After a Bank Run,” U.S. News & World Report
“When a bank faces risk of failure, the FDIC is usually aware of that likelihood and has already prepared for potential resolution.”
Jared Tully | Partner | Charleston, WV
“Local banks, experts on what the Silicon Valley Bank, Signature Bank failures means for Louisville,” Louisville Business First
“We have clients in Louisville — we have clients across our footprint — who were impacted by the Silicon Valley Bank failure and the impending, and obvious, Signature Bank failure.”
Nathan Berger | Partner | Louisville, KY
“How to Keep Corporate Accounts Safe Amid Bank Collapse Jitters,” Bloomberg
“It just comes down to risk tolerance for folks. It’s a question of ‘How much time do I want to spend on this? And how much of a gamble am I willing to take?’”
Nancy Presnell | Partner | Louisville, KY
For quotations and inquiries regarding the firm and our attorneys, please reach out to the following contacts:
Catherine Marquardt
Director of Firm & Client Communications
cmarquardt@fbtlaw.com
502.568.0375
Jaimie Schapker
Communications Manager
jschapker@fbtlaw.com
502.779.8698
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