Capitol Bancorp (CBCRQ) of Lansing, Mich., is blaming the Federal Deposit Insurance Corp. for its need to reschedule a crucial bankruptcy hearing.

The $1.75 billion-asset company was supposed to attend the confirmation hearing — where a judge determines if its bankruptcy plan is feasible — on Tuesday, but late last month it requested a delay until late January. It blamed a weeks-long tussle with the FDIC over its ability to cover its equity partner's due-diligence costs.

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