Corus Bank

<b>Filed for bankruptcy:</b> June 15, 2010<br>
<br>
<b>Has it exited?</b> No.<br>
<br>
Chicago-based <a class="taxInlineTagLink" id="ORCRP004006" title="Corus Group Plc" href="/topic/business/corus-group-plc-ORCRP004006.topic">Corus</a> Bankshares Inc. <A href="http://chicagobreakingbusiness.com/2010/06/corus-enters-bankruptcy-court-protection.html">sought bankruptcy protection</A> from creditors in June 2010, listing assets of $314.1 million and debt of $532.9 million. The <a class="taxInlineTagLink" id="ORGOV0000242" title="Federal Deposit Insurance Corporation" href="/topic/politics/regulatory-policy-organizations/federal-deposit-insurance-corporation-ORGOV0000242.topic">FDIC</a> had taken over Corus Bank in September 2009 after regulators seized its assets.<br>
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In this photo from 2002, a <a class="taxInlineTagLink" id="ORCRP002040" title="Blockbuster" href="/topic/business/blockbuster-ORCRP002040.topic">Blockbuster</a> sits across from the Corus Bank building at the intersection of <a class="taxInlineTagLink" id="PLGEO100100501254400" title="Irving Park" href="/topic/us/illinois/cook-county/chicago/irving-park-PLGEO100100501254400.topic">Irving Park</a>, Damen and Lincoln Ave. in Chicago's <a class="taxInlineTagLink" id="PLGEO100100501256400" title="North Center" href="/topic/us/illinois/cook-county/chicago/north-center-PLGEO100100501256400.topic">North Center</a> neighborhood.

( Handout )

Filed for bankruptcy: June 15, 2010

Has it exited? No.

Chicago-based Corus Bankshares Inc. sought bankruptcy protection from creditors in June 2010, listing assets of $314.1 million and debt of $532.9 million. The FDIC had taken over Corus Bank in September 2009 after regulators seized its assets.

In this photo from 2002, a Blockbuster sits across from the Corus Bank building at the intersection of Irving Park, Damen and Lincoln Ave. in Chicago's North Center neighborhood.

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