November 26, 2013
Real estate lender Corus Bankshares Inc. agreed Tuesday to pay nearly $246 million out of a $267 million tax refund to settle the Federal Deposit Insurance Corp.'s objections over how Corus' Chapter 11 reorganization plan planned to handle the refund.
June 14, 2012
Corus Bankshares Inc.'s liquidation trustee sued the real estate lender's former top executives in Illinois federal bankruptcy court on Wednesday, alleging their reckless lending practices brought about the company's downfall.
September 06, 2011
The Federal Deposit Insurance Corp. on Friday lodged an objection in an Illinois bankruptcy court over how the reorganization plan by real estate lender Corus Bankshares Inc. seeks to treat certain claims stemming from an ongoing $265 million tax dispute between the parties.