SVB Financial Trust v. Federal Deposit Insurance Corporation, as Receiver for Silicon Valley Bank and Silicon Valley Bridge Bank, N.A.

1 2 3 4 UNITED STATES DISTRICT COURT 5 NORTHERN DISTRICT OF CALIFORNIA 6 SAN JOSE DIVISION 7 8 SVB FINANCIAL TRUST, Case No. 24-cv-01321-BLF (VKD)

9 Plaintiff,

ORDER RE FDIC-R’S MOTION TO

10 v. OVERRULE EXCLUSIVE PRIVILEGE

OBJECTIONS

11 FEDERAL DEPOSIT INSURANCE CORPORATION, AS RECEIVER FOR Re: Dkt. No. 211 12 SILICON VALLEY BANK, et al., Defendants. 13 14 Defendant Federal Deposit Insurance Corporation as Receiver for Silicon Valley Bank 15 (“FDIC-R”) moves for an order asking the Court to overrule plaintiff SVB Financial Trust’s 16 (“SVBFT”) objections to FDIC-R’s access to 47 documents. Dkt. No. 211. SVBFT contends the 17 documents are protected from disclosure as privileged. Dkt. No. 221. The Court received the 47 18 disputed documents for in camera review. The Court heard oral argument on the matter on June 19 24, 2025. Dkt. No. 235.1 20 As explained below, the Court grants FDIC-R’s motion. 21 22 1 In connection with the briefing for this motion, FDIC-R has filed two administrative motions to 23 seal and…