FDIC may seize 'critically undercapitalized' Chicago-based lender
By Becky Yerak | Tribune reporter
August 2, 2009
Corus, which has 103 commercial real estate loan commitments totaling $5.37 billion, had $499.1 million in foreclosed real estate on its books as of March 31.
Chicago small business lawyer also has $2 billion in non-performing loans and $1.3 billion in "potential" problem loans.
In Ft. Lauderdale, for example, Corus and the developers of Trump International Hotel & Tower are at the center of a lawsuit seeking class-action status on behalf of those who bought condo hotel units during the preconstruction phase of the still-unfinished project.
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