Credit Suisse wants receiver to run Idaho resort (AP)

Thursday October 9, 10:48 am ET By John Miller, Associated Press Writer Credit Suisse wants Idaho judge to appoint receiver to run Tamarack as winter nears BOISE, Idaho (AP) -- An investment bank suing to take control of central Idaho's Tamarack Resort wants a 4th District Court judge to appoint a receiver for the property, contending that current owners' efforts to winterize unfinished buildings are inadequate. Credit Suisse, which said in court documents reviewed Wednesday by The Associated Press that Tamarack now owes more than $273 million on what was originally a $250 million syndicated loan, wants San Diego-based receiver Douglas Wilson Cos. to step in. Douglas Wilson, also the receiver on an $11 million Hawaiian ranch formerly owned by actor Jimmy Stewart, specializes in running ski- and golf-resort real estate,... [read full story]