The regulatory and judicial developments of the last few days relating to the loan markets and to loan funds have been significant.
On Tuesday, lenders and borrowers were concerned about a world in which syndicated and...more
Q: Who runs SVB now?
A: SVB has been placed in receivership by banking regulators. This receivership applies to Silicon Valley Bank and not its affiliates....more
3/14/2023
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Deposit Accounts ,
Deposit Insurance ,
Depository Institutions ,
Enforcement Actions ,
FDIC ,
Financial Institutions ,
Insolvency ,
Receivership ,
Silicon Valley ,
Startups ,
Venture Capital
As we discussed in a previous post, last October the Financial Accounting Standards Board (“FASB”) added the development of guidance on disclosure requirements with respect to trade payables programs to their agenda. At the...more
Following on from our April 2020 post (where we discussed the call from certain accounting firms and others for guidance from the Financial Accounting Standards Board (“FASB”) on the treatment of trade payables programs) and...more
Financial Statement Disclosure of Supply Chain and other Trade Payables Programs -
Trade payables programs have in recent years increased greatly in popularity among both large and small companies. While originally the...more
There has been increasing discussion with respect to the accounting treatment of trade payable programs and whether the obligations of the entity that owes the receivable (the “company”) under these programs should continue...more
The disruptions in economic conditions caused by the coronavirus disease 2019 (COVID-19) are reaching the commercial paper and longer term debt capital markets. The Board of Governors of the Federal Reserve System (Federal...more