Corus Bankshares Enters Bankruptcy Protection

Corus Bankshares Inc. is now seeking bankruptcy protection from creditors. The holding company had its bank taken over by creditors last year. At this filing of Chapter 11, the company has listed assets at $314.1 million and debt at $532.9 million. Corus bank has 80 branches. Recently, the chief financial officer gave notice of his resignation. 

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