Tamarack property owners are now part of a multi-billion dollar lawsuit with lender Credit Suisse led by bankrupt Yellowstone Club founder Timothy Blixseth and his son Beau Blixseth who claim Tamarack's bankruptcy was caused by a "loan to own" scheme between the bank and resort developers.
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Patrick H. Owen, a fourth district judge in Boise, appointed a receiver in October 2008 to oversee the operations of the resort, at the request of Credit Suisse, the major financer.
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They came to Idaho as guests of Dirk Kempthorne, the state's governor and former U.S. Senator who later became a member of Bush's cabinet as Secretary of the Interior.
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