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Credit Suisse seeks foreclosure of Idaho’s Tamarack Resort

March 13, 2008 /

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Major investment bank Credit Suisse is suing Tamarack Resort, contending the resort defaulted on a $250 million loan.

In a lawsuit filed Tuesday in 4th District Court, Credit Suisse asks a judge to allow it to foreclose on the resort property near Donnelly and collect the more than $260 million it is currently owed for the unpaid loan and interest.

By REBECCA BOONE

Full Story: http://www.magicvalley.com/articles/2008/03/13/ap-state-id/d8vc74qo1.txt

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