SVB Financial Group's bankruptcy resolution paves way for high-stakes legal showdown

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Private Equity: Invesco

SVB Financial Group's bankruptcy resolution paves way for high-stakes legal showdown

A US judge sanctioned a plan Friday to allow SVB Financial Group, the former parent company of defunct Silicon Valley Bank, to distribute its assets to creditors and close its bankruptcy case—the precursor to a major legal battle with the US Federal Deposit Insurance Corporation.