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Published on 4/21/2011 in the Prospect News Distressed Debt Daily.

BankUnited Financial posts $11.79 million of funds as of March 31

By Caroline Salls

Pittsburgh, April 21 - BankUnited Financial Corp. had $11.79 million of funds at the end of March, compared with $11.97 million at the beginning of the month, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Southern District of Florida.

The company posted no sales for March.

BankUnited Financial, the holding company for BankUnited FSB, filed for bankruptcy on May 22, 2009 in the U.S. Bankruptcy Court for the Southern District of Florida. The company is based in Coral Gables, Fla. The Chapter 11 case number is 09-19940.


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