Ledwidge v. Federal Deposit Insurance Corporation

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA _________________________________________ ) NIALL LEDWIDGE, et al., ) ) Plaintiffs, ) ) v. ) Case No. 24-cv-00513 (APM) ) FEDERAL DEPOSIT INSURANCE ) CORPORATION, et al., ) ) Defendants. ) _________________________________________ ) MEMORANDUM OPINION I. Plaintiffs Niall Ledwidge, Andrew Childe, and Michael Pearson, the Joint Official Liquidators (“Liquidators” or “JOLs”) of the Cayman Islands Branch of the now-defunct Silicon Valley Bank or SVB (“Cayman Branch” or “SVB Cayman”), bring this suit against the Federal Deposit Insurance…