On January 27, 2014, a plan of liquidation was filed in the bankruptcy case of Capitol Bancorp Ltd. and its affiliates. The filing was assigned docket number 780 and is described on the court’s official docket as follows:
Final Amended Chapter 11 Plan Amended Joint Liquidating Plan of Capitol Bancorp Ltd. and Financial Commerce Corporation Filed by Debtor In Possession Capitol Bancorp Ltd. (RE: related document(s)424 Chapter 11 Plan). (Sable, Edward) (Entered: 01/27/2014)
Capitol Bancorp Ltd. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on August 9, 2012. The bankruptcy case is pending before the United States Bankruptcy Court for the Eastern District of Michigan . The case number for the lead bankruptcy case is 12-58409. The bankruptcy case is currently assigned to United States Bankruptcy Judge Marci McIvor. The law firm of Honigman Miller Schwartz & Cohn LLP is acting as lead bankruptcy counsel to Capitol Bancorp Ltd. in the bankruptcy case.