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ST Residential launches in Atlanta
Atlanta Business Chronicle - Aug 27, 2010
A new real estate company formed from Chicago's failed Corus Bank has been launched in Atlanta. The company, ST Residential, will market numerous residential real estate assets and construction ...
Wilmington Trust Appointed to Unsecured Creditors’ Committee in Corus Bankshares, Inc. Bankruptcy Case
Business Wire - Aug 27, 2010
WILMINGTON, Del.--(BUSINESS WIRE)--Wilmington Trust, a leading provider of institutional trustee, agency, and administrative services through its Corporate Client Services (CCS) business, said ...
Wilmington Trust Appointed To Unsecured Creditors’ Committee In Corus Bankshares, Inc. Bankruptcy Case - TheStreet.com
Wilmington Trust on creditor committee for Corus - MSN Money
4-traders - SunHerald.com
FDIC Seeks to Block Corus Bank Parent From Tapping Refunds
Wall Street Journal - Aug 17, 2010
By ERIC MORATH The Federal Deposit Insurance Corp. is seeking to block the parent of failed Corus Bank from recouping more than $257 million in tax refunds stemming from the bank's collapse. In ...
FDIC seeks to block Corus parent from tax refunds - Chicago Breaking Business - Tribune
FDIC May Block Corus Tax Refund Claims - Emii.com
Broker questions FDIC tactics
Las Vegas Review-Journal - Aug 5, 2010
By HUBBLE SMITH With an interest-free loan from the FDIC, the private equity firm that acquired the real estate portfolio of Chicago-based Corus bank is in no hurry to sell off assets, which ...
Artecity Files Chapter 11 Bankruptcy
Business Wire - Jul 27, 2010
MIAMI--(BUSINESS WIRE)--Artecity, the partially completed, 202-unit condominium development in Miami Beach, today announced that on July 26 th , 2010 it filed Chapter 11 bankruptcy to use $2.7 ...
FDIC And Its Failed Moral Hazard Policies
istockAnalyst.com - Jul 26, 2010
William Black: "Unlimited Taxpayer Bailout" of FDIC Coming; FDIC Shell Game Hides the Bailout Last Friday seven more banks failed bringing the total bank failures to 103. US bank failures this ...
FDIC Selling Corus Loans to Starwood Means Betting on Failed Condominiums
Bloomberg - Jul 20, 2010
By James Sterngold and Jonathan Keehner - Jul 20, 2010 “The private-equity investors definitely have an incentive to take on more risk while managing the loans,” said Steven Kaplan, a finance ...
FDIC Selling Corus Bank Loans Is Bet on Failed Condos - BusinessWeek
Fed sale of Corus loans propped up failed condos - Chicago Daily Herald
Corus Bank Parent Co Challenges FDIC On $257M Tax Refunds
Wall Street Journal - Jun 29, 2010
By Peg Brickley of DOW JONES DAILY BANKRUPTCY REVIEW The parent of Chicago's Corus Bank has moved to head off a grab by federal regulators at more than $257 million in tax refunds stemming from ...
Corus Bankshares Sues FDIC in Chicago to Keep $257 Million in Tax Refunds - Bloomberg
Corus Sues FDIC to Keep $257 Million in Tax Refunds - BusinessWeek
American Banker - Chicago Tribune
Bankruptcy Brief: Corus Bankshares, Inc. Files For Chapter 11 Protection
JD Supra - Jun 17, 2010
SUMMARY: Chicago's Corus Bankshares, Inc. (OTC:CORS) voluntarily filed for chapter 11 protection yesterday in the Northern District of Illinois. With over 1.8 million documents filed in over 1,000 ...
Corus Bankshares, Inc. Files For Chapter 11-Reuters
Reuters Key Development - Jun 15, 2010

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