Federal judge says he can't set Yellowstone snowmobile levelsSeptember 17th, 2009 Judge will not block Yellowstone snowmobile planCHEYENNE, Wyo. — A judge in Wyoming says he has no authority to block a federal plan to reduce snowmobile traffic in Yellowstone National Park this winter.
Attorneys, others seek more than $10 million in fees from exclusive Montana club's bankruptcyAugust 27th, 2009 Fees sought in club's bankruptcy top $10 millionBILLINGS, Mont. — Attorneys and others involved in bankruptcy proceedings for Montana's ultra-exclusive Yellowstone Club have requested more than $10 million in fees and expenses — including some charges billed at more than $900 an hour.
Credit Suisse says new AIG chief Benmosche stepping down from bank's board after 7 yearsAugust 10th, 2009 New AIG chief leaves Credit Suisse boardZURICH —Robert Benmosche, who starts this week as the new president and CEO of American International Group Inc., has stepped down from Credit Suisse Group's board with immediate effect, the Swiss bank said Monday. The former chairman and chief executive of insurance company MetLife Inc.
Co-founder of exclusive Yellowstone Club has 10 days to arrange turnover of personal fortuneJune 19th, 2009 Resort founder has 10 days for asset decisionsBILLINGS, Mont. — The bankrupt co-founder of Montana's millionaires-only Yellowstone Club has 10 days to arrange how she will part with jewelry, furs, cars, houses, art and furniture.
Judge says bankrupt co-founder of exclusive Yellowstone Club has to sell personal assetsJune 17th, 2009 Judge: Exclusive club co-founder has to liquidateBUTTE, Mont. — A bankruptcy judge has rejected Edra Blixseth's bid to reorganize her finances, pushing the co-founder of the ultra-exclusive Yellowstone Club into a forced sale of her many houses, cars and other properties.
Bankruptcy judge gives final approval of Delphi's $250 million credit facilityJune 16th, 2009 Judge OKs Delphi's use of $250M credit facilityNEW YORK — A bankruptcy judge says Delphi can have access to a $250 million credit facility. U.S. Bankruptcy Judge Robert Drain on Tuesday gave final approval to the use of the credit facility, which will be provided by Delphi Corp.'s former parent General Motors Corp.
$115M sale of exclusive Yellowstone Club to Boston investor group approved by judgeJune 3rd, 2009 Exclusive Yellowstone Club sale approved for $115MBILLINGS, Mont. — A federal bankruptcy judge has approved a plan to sell the exclusive Yellowstone Club in Montana for $115 million to a Boston investor group.
Bankruptcy judge says Swiss bank's bid for posh Mont. club must include $42M in debt paymentMay 13th, 2009 To buy Mont. club, Swiss bank must repay $42M debtHELENA, Mont.
Financial giant Credit Suisse defends its $375M loan to Montana's fancy Yellowstone ClubMay 9th, 2009 Credit Suisse defends $375M loan to Montana resortMISSOULA, Mont. — Financial giant Credit Suisse is defending its $375 million loan to a now-bankrupt Montana resort for the rich, saying it was a legitimate transaction that reflected standard lending practices at the time.
Yellowstone Club owner says she opposed $375M loan blamed in collapse of Montana resortMay 5th, 2009 Owner of club for rich says she opposed $375M loanMISSOULA, Mont. — The owner of the ultra-exclusive Yellowstone Club says she opposed a $375 million loan blamed for the resort's financial collapse, but never tried to stop the transaction.
Expert: $375M loan to exclusive Yellowstone Club in Montana was based on faulty projectionsMay 4th, 2009 Expert: Club's loan based on faulty projectionsMISSOULA, Mont. — A real estate expert says a $375 million loan to the Yellowstone Club before it sought bankruptcy protection was based on faulty assumptions that sales at the exclusive Montana club would be brisk.
Yellowstone Club owner Edra Blixseth has personal debts of $150MMay 1st, 2009 Y-stone Club owner has personal debts of $150MBILLINGS, Mont. — Court filings show Yellowstone Club owner Edra Blixseth is more than $150 million in debt, while most of her houses, cars and other property have been put up as collateral on overdue loans.
Owner of ritzy Mont. club seeking bankruptcy protection has personal debts exceeding $150MApril 30th, 2009 Debts of ritzy Mont. club's owner exceed $150MBILLINGS, Mont.
Bankruptcy trial tries to unravel who is responsible for collapse of ritzy Montana resortApril 29th, 2009 Founders of ritzy Montana club trade accusationsMISSOULA, Mont. — The founders of the Yellowstone Club are trading blame over who is responsible for the financial collapse of the Montana haven for the rich that has fallen more than $400 million into debt.
Credit Suisse reports $1.71 bn profit in first quarterApril 23rd, 2009 GENEVA - Banking giant Credit Suisse Group reported Thursday a net profit of 2 billion Swiss francs ($1.71 billion) in the first quarter of 2009, in part owing to a recovery of its trading unit. Last year's first quarter saw the bank lose 2.15 billion francs.
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