Legal solutions to cash management challenges

It’s been well over a decade since we last experienced a notable bank failure in the United States, but in the space of few days in March 2023, we had the second- and third-largest bank failures in U.S. history. These collapses have promoted cash management to the shortlist of business priorities, especially so given the large volume of uninsured deposits that were at risk in the recent bank failures. 

While many consider overall levels of risk in the banking system to be low, many growth-stage…