Suisse

Judge Dismisses $24 Billion Lawsuit Against Credit Suisse

A federal judge has dismissed a $24 billion lawsuit accusing Credit Suisse of running a predatory loan-to-own scheme that plaintiffs claimed loaded four luxury ski and golf resorts with debt so it could foreclose on their assets. Judge Justin L. Quackenbush of the U.S. District Court in Idaho granted a request from Credit Suisse and real estate adviser Cushman & Wakefield for summary judgment, …