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Idaho’s Tamarack owners file for bankruptcy
February 20, 2008 /
The majority owners of Tamarack Resort have filed for bankruptcy to avoid foreclosure by Credit Suisse, which is owed more than $262 million from loans the resort took out for construction.
Tamarack CEO Jean-Pierre Boespflug said Tuesday that they had to file to protect ownership of the ski and golf resort near Donnelly after a new $118 million loan fell through because of recent banking scandals in France.
BY KEN DEY – [email protected]
Full Story: http://www.idahostatesman.com/business/story/300667.html
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Posted in: Idaho News & Events
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