Idaho Business Review IBR

Tom Egan The Supreme Judicial Court has upheld a Land Court judge’s decision in U.S. Bank v. Ibanez invalidating foreclosure sales conducted by two plaintiff banks to which mortgages had been assigned. “We agree with the judge that the plaintiffs, ...

UPDATED: A Swiss bank-led lender group owed hundreds of millions by Tamarack Resort has raised objections to a proposal to sell the vacation development to an Idaho investment company. However, it may not impact prospective buyer Green Valley Holdings from ...

A central Idaho lawmaker says changes to the Public Employee Retirement System of Idaho could be debated in the approaching Legislative session. House Majority Caucus Chairman Ken Roberts of Donnelly, a Republican, says there has been a lot of discussion ...

Brad Wiskirchen Brad Wiskirchen, CEO of the Boise-based Keynetics, has been named a director of the Federal Reserve Bank of San Francisco. Wiskirchen will direct the bank’s Salt Lake City branch, replacing former St. Luke’s Health System CEO Edwin E. ...

Two executives have taken a leave of absence from Alternate Energy Holdings Inc. while a court considers allegations of investor fraud against the company trying to build a $10 billion nuclear power plant. CEO Don Gillispie and Vice President Jennifer ...

The Securities and Exchange Commission has temporarily suspended trading of securities of Alternative Energy Holdings, Inc., an Idaho company that wants to build a nuclear reactor. The federal securities regulator took the steps in part due to questions it has ...

Being sustainable and “green” did not help North End Organic Nursery when owners sought start-up construction financing a year ago. “Everything we’ve gotten has been based on good old-fashioned credit,” said Lindsay Schramm, who owns the north Boise business with ...

Wells Fargo & Co. has agreed to pay $100 million to Citigroup Inc. to settle a dispute related to its acquisition of Wachovia Corp. in October 2008, at the height of the financial crisis. Wachovia was teetering on the brink ...

After a September surge in U.S. Small Business Administration loan volume, officials in SBA’s Boise district did not know what to expect in October, spokesman Larry Demirelli said. “The spike in September was the direct result of the funding of ...

Cascade Bancorp wrapped up a deal with a group of investors that will bring in $177 million, a move that should halt the company’s capital problems. The Bend, Ore., bank holding company, parent of Bank of the Cascades, finalized agreements ...