BankUnited Financial Corporation (BankUnited) is the holding company of BankUnited, FSB. As of November 12, 2007, the Bank’s distribution system included 86 full service branches in Florida, two loan production offices in Florida and seven outside of Florida, a wholesale network for originating loans through mortgage broker relationships, and channels for conducting business through automated teller machines, telebanking and the Internet. During the fiscal year ended September 30, 2007, BankUnited had assets of $15billion, net loan portfolio of $12.6 billion, liabilities of $14.2 billion including deposits of $7.1 billion and stockholders’ equity of $812 million. In May 2009, the United States bank regulators closed BankUnited and sold its banking operations to a private equity consortium that includes WL Ross & Co. In May 2009, the Company announced that they have commenced proceedings under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court.