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Lawyers for private equity funds and other non-bank buyers interested in scooping up failed banks have been very busy in the last year, perhaps none more than a handful of lawyers at Skadden, Arps, Slate, Meagher & Flom. A few months after advising two separate consortia of private buyers in the acquisitions of two struggling banks, Skadden has advised a new group that’s picked up a piece of the defunct Corus Bank in a deal with the FDIC, according to the firm and lawyers on the deal.

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