Barbatano v. Glickman (In re Corus Bankshares, Inc.)

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 duties they owed to CBI and violated the National Bank Act, 12 U.S.C. § 21 et seq.; the complaint also asserts a claim against Glickman for money had…