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Published on 8/16/2011 in the Prospect News Distressed Debt Daily.

BankUnited Financial sees funds fall to $10.6 million as of July 31

By Caroline Salls

Pittsburgh, Aug. 16 - BankUnited Financial Corp. had $10.6 million of funds at the end of July, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of Florida.

The figure compared with $10.94 million of funds at the beginning of July.

BankUnited Financial, the holding company for BankUnited FSB, filed for bankruptcy on May 22, 2009. The company is based in Coral Gables, Fla. The Chapter 11 case number is 09-19940.


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