Silicon Valley Bank UK Explained with Prav Reddy, Insolvency and Restructuring Partner at Katten Muchin Rosenman

<p>In this episode, Stephanie Anais is joined by Prav Reddy, Insolvency and Restructuring Partner in the UK office of US law firm, Katten Muchin Rosenman.</p> <p>During the episode, Prav and Stephanie discuss the collapse of Silicon Valley Bank US and use it as a commercial case study to help Student Lawyers understand the technicalities involved in the acquisition of a distressed bank.</p> <p>Specifically, Prav explains the various procedures that the Bank of England can take when dealing with a bank on the brink of collapse, why HSBC was able to acquire SVB UK for £1 when others like Credit Suisse are sold for £billions, and how an insolvency and restructuring practice area of a law firm may be involved in such an acquisition.</p> <p>Prav also reveals what his typical day at the office looks like, the biggest misconception of working in a US law firm, and how to succeed as a student lawyer and progress to partnership.</p> <p>Interested in a career at Katten? Apply to the firm’s London training contract and summer vacation scheme, here: <a href='https://katten.com/london-training-contract-and-internship-programme'>https://katten.com/london-training-contract-and-internship-programme</a></p> <p>**Interested in learning more about the University of Law, who are the sponsors of this podcast episode? Click <a href='https://bit.ly/3xhsefp'>here</a> to view the courses on offer (<a href='https://bit.ly/3xhsefp'>https://bit.ly/3xhsefp</a>) (Ad)**</p> <p>Don’t forget to subscribe to the podcast to ensure that you never miss an episode, and please share this episode with others who might find it useful!</p> <p>Hosted by Stephanie Anais, Produced by Nathan Gore</p>