Bankruptcy Court Holds Credit Suisse Cannot Recover From Blixseth in Yellowstone Case | Practical Law

Bankruptcy Court Holds Credit Suisse Cannot Recover From Blixseth in Yellowstone Case | Practical Law

An update on the US Bankruptcy Court for the District of Montana's (Court) decision in the adversary proceeding Blixseth v. Kirschner, Trustee of the Yellowstone Club Liquidating Trust, in which the Court refused to let Credit Suisse, as agent, and the other prepetition lenders share in any judgment against Blixseth in connection with a $375 million prepetition loan. 

Bankruptcy Court Holds Credit Suisse Cannot Recover From Blixseth in Yellowstone Case

by PLC Finance and Practical Law Bankruptcy & Restructuring
Published on 16 Sep 2010 • Montana
An update on the US Bankruptcy Court for the District of Montana's (Court) decision in the adversary proceeding Blixseth v. Kirschner, Trustee of the Yellowstone Club Liquidating Trust, in which the Court refused to let Credit Suisse, as agent, and the other prepetition lenders share in any judgment against Blixseth in connection with a $375 million prepetition loan.