Silvergate Wants Activist Investor's Board Seat Play Blocked
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By Alex Wittenberg

The parent company of Silvergate Bank, a defunct bank that catered to the
cryptocurrency industry, has asked the judge in its Delaware bankruptcy
case to help head off what it described as an activist investor's effort to
score a seat on the debtor's board so he can try to secure a payout for
shareholders who are set to receive nothing under a Chapter 11 plan.

 Memorandum attached | Read full article »
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