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Court affirms Murat Centre renaming decision

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A state appellate court has affirmed a lower court’s dismissal of a naming-rights lawsuit brought by The Murat Temple Association against California-based event promoter Live Nation and Evansville-based Old National Bank.

The decision from the Indiana Court of Appeals, made public Tuesday morning, stems from a March 26 lawsuit brought by MTA. It attempted to block a three-year deal between the bank and Live Nation to rename the historic building the “Old National Centre.”

Marion Superior Court Judge John Hanley dismissed the suit in August, and MTA appealed.

“The plain language of the lease grants Live Nation the authority to sell naming rights to the leased premises and to post appropriate signs and advertising,” Senior Judge William Garrard wrote. “We conclude that there are no possible set of facts upon which MTA can recover against Live Nation for breach of contract.”

Live Nation operates the 2,500-seat Murat Theatre, Egyptian room and other rooms within the building at 502 N. New Jersey St. under a long-term lease with MTA.

 

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  • Forever Murat
    No matter what anyone puts out on the marquee, the building will forever be the Murat to the residents of Indianapolis.
  • Up front or not worth much
    It appears that if the Murat people wanted to avoid this they should have had a clause preventing it in their agreement with the promoter. To most of the public, this venue will remain "The Murat" anyway. The only time these naming deals are really valuable is when they are done up-front, ala Conseco Fieldhouse, which is often referred to as just "Conseco".

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  1. First, the Athenaeum is going to have to get past the hurdle with the Lockerbie residents and the agreement that the parcel would be residential. Second, and in my opinion, this prime piece of property should include parking, PLUS, a black box theater(s), some market rate and affordable artist housing and a plan to renovate and reconfigure the second story theater. I would negotiate to add the DeHaan property surface parking lot into the development mix, place a one story surface parking garage on the DeHaan lot on the street level (for the Dehaan tenants use during the daytime) and add a second story to the garage that would become an addition to the current second story theater and then change the direction of the theater by moving the stage across the alley and on top of the DeHaan lot parking. You can add all the stage elements that are currently missing from the Athenaeum stage to make it more attractive for use by Ballet, Opera and traveling productions. Plus, the theater changes would probably help solve some of the soundproofing issues. Alas,it does not seem to be a part of the strategic plan to conduct a study to determine best use of the property. Seems like the current plan is a quick and easy move that ignores the property best use/potential and any strategic property planning for the effect on future generations.

  2. I recall that MSA's pilings are still in the ground and hard to remove. It’s not likely any proposal will include significant underground construction/parking because of this. Start adding 2 floors of retail, 8 floors of parking and 5-10 floors of possible hotel, and/or 10-20 floors of residential, and you are at 30 floors already with possible expansion of all the uses. But then again I could be wrong.

  3. Accoriding to their website there is no deadline to the Do Not Call list. What is this article referring to??

  4. On what planet are they entitled to this largesse from the stockholders? These people make multi-million dollar salaries: Pay for your own personal travel.

  5. It matters because they're already paid enormously fat salaries: Pay for your own personal travel. Being "taxed on it" isn't a valid excuse--so what? They're still being gifted a raft of luxury perks from somebody else's money on top of an enormous, lavish salary.

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