Foley & Lardner LLP Partner Louis Lehot is quoted in the Bloomberg article, “SVB Rocks California as Founders Join Napa Vintners in Fear,” about Silicon Valley Bank’s collapse and the widespread effect on the California region.
“The reach into Silicon Valley is at the high level,” said Lehot. “It’s deep and broad at all levels of the ecosystem from big companies to startups to VCs, private equity firms and everything in between.”
Foley is closely monitoring this fluid situation. For timely updates and current legal considerations, visit “Bank Receivership: What You Need to Know.”