July 28, 2016
Resort property owners lost their suit accusing Credit Suisse AG and real estate firm Cushman & Wakefield inc. of a so-called loan-to-own scheme, with an Idaho federal court ruling on Wednesday that they hadn't shown the bank's allegedly inflated loans to developers undermined the development.
January 16, 2015
Plaintiffs accusing Credit Suisse Group AG in Idaho federal court of duping investors through a loan-to-own scheme claimed on Thursday that the bank's lawyers lied about whether it was facing similar claims about compliance with federal appraisal standards.
September 25, 2013
An Idaho federal judge on Tuesday denied class certification to a group of property owners at four luxury resort communities who accuse Credit Suisse Group AG and Cushman & Wakefield Inc. of deceiving investors through a loan-to-own scheme.
September 18, 2012
A group of property owners at four luxury resort communities across the country asked an Idaho federal judge on Monday to certify their class in a putative action accusing Credit Suisse Group AG and Cushman & Wakefield Inc. of orchestrating a loan-to-own scheme to swindle investors out of $24 billion.
April 02, 2012
An Idaho federal judge on Friday trimmed a group of property owners' amended $24 billion putative class action accusing Cushman & Wakefield Inc. and Credit Suisse Group AG of swindling investors in four luxury resort communities in a loan-to-own scheme.