Credit Suisse Wants Highland Refi Dispute Booted From Texas

Law360, Dallas (November 18, 2013, 7:32 PM EST) -- Credit Suisse AG on Monday told a Texas state court judge its dispute with Highland Capital Management LP over a $540 million real estate loan refinancing belongs in New York court with five related lawsuits and should be dismissed.

The bank says claims that its brokers used an unreasonable and grossly inflated appraisal of a residential and resort master-planned community in Nevada to market a $540 million refinancing loan in 2007 never should have been brought in Dallas. Attorneys for Highland, which assigned its claim against...
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