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IN RE CORUS BANKSHARES, INC.

No. 12 C 9639.

503 B.R. 44 (2013)

In re CORUS BANKSHARES, INC., Debtor. Salvatore A. Barbatano, not individually but as Litigation Trustee, Plaintiff, v. Robert Glickman and Tim Taylor, Defendants.

United States District Court, N.D. Illinois, Eastern Division.

April 23, 2013.

Attorney(s) appearing for the Case

Jeffrey L. Widman , Joseph Lawrence Cohen , Shaw Fishman Glantz & Towbin LLC, Chicago, IL, for Plaintiff.

Steven Craig Florsheim , Bruce S. Sperling , Claire Perona Murphy , Matthew H. Rice , Robert David Cheifetz , Sperling & Slater PC, Corey B. Rubenstein , Stetler, Duffy & Robert, Ltd., Chicago, IL, for Defendants.

MEMORANDUM OPINION AND ORDER

GARY FEINERMAN, United States.

Salvatore Barbatano brought this adversary proceeding in his capacity as Litigation Trustee in the Chapter 11 bankruptcy of Corus Bankshares, Inc. ("CBI"), In re Corus Bankshares, Inc., No. 10-26881 (Bankr.N.D.Ill.) (Hollis, J.). The six-count complaint alleges that Robert Glickman, the CEO and a director of CBI, and Tim Taylor, CBI's chief financial officer, breached various fiduciary...

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