Highland Capital Management asked a Texas judge to order Credit Suisse to pay the debt manager its losses on a $250m refinancing of a shaky real-estate development
Highland Capital won a $40m jury verdict after successfully arguing Credit Suisse duped the debt manager into refinancing a shaky real-estate development.
Highland Capital Management blames Credit Suisse for steering it into the refinancing of a real-estate development that cost the debt manager more than $250m when the borrowers defaulted.
A Dallas hedge-fund mogul trying to sidestep a $5m pre-nup pact payout to his ex-wife will find out as soon as this week if his claims of insolvency will work.
Only the good die young.