Farella Braun + Martel LLP v. Federal Deposit Insurance Corporation as Receiver for Silicon Valley Bank
Opinion
trial_court Opinion
1 2 3 4 UNITED STATES DISTRICT COURT 5 NORTHERN DISTRICT OF CALIFORNIA 6 7 FARELLA BRAUN + MARTEL LLP, Case No. 24-cv-01306-SI
8 Plaintiff,
ORDER GRANTING SUMMARY
9 v. JUDGMENT
10 FEDERAL DEPOSIT INSURANCE Re: Dkt. No. 95
CORPORATION,
11 Defendant. 12 13 Defendant has requested summary judgment in its favor. Dkt. No. 95. For the reasons stated 14 below, the Court GRANTS defendant’s motion. 15 16 BACKGROUND 17 I. Relevant Factual Background 18 This litigation arises out of legal work performed by plaintiff Farella Braun + Martel for the 19 Silicon Valley Bank before it failed on March 10, 2023. Defendant Federal Deposit Insurance 20 Corporation (FDIC) was appointed to be the receiver for the failed bank. Dkt. No. 95-11 ¶ 3. The 21 FDIC then published a notice that any claims against Silicon Valley Bank must be filed by July 10, 22 2023. Id. The FDIC ultimately processed almost 6,000 claims against the bank. Id. ¶ 4. 23 On July 6, 2023, plaintiff submitted a proof of claim for $211,025.72…