Lantern Partners LLC, the company that owns a Fishers office building formerly occupied by the failed Irwin Mortgage Corp.,
is seeking to reorganize under bankruptcy protection.
The firm listed debts and assets of $10 million to $50 million in federal court documents filed on Friday. Its largest creditor,
GE Commercial Finance Business Property Corp., is owed nearly $11.4 million.
Lantern owns the 125,000-square-foot Freedom Mortgage Building at 10500 Kincaid Drive, which was leased to Irwin Mortgage
until its parent, Columbus-based Irwin Financial Corp., went bankrupt in 2009.
Cincinnati-based First Financial Bancorp acquired Irwin Financial’s banking operations.
With 450 employees, Irwin Mortgage was one of the area’s largest financial services companies.
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Fishers building owner seeks bankruptcy reorganization
IBJ Staff
May 30, 2012
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See, I told u Indyman and Dipsicle....this 8 days is overkill. It's barely worth a weekend....great job Tony George! Your dream has been fulfilled....he fans want the I r l back. Thats how good it was.....and that sucked.
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I have been in training for a short time now but right off I can see that safety and quality are the number one issues, my experience as of late has been a positive one, the employees along with Jeff the plant manager and the operation supervisor as well as the engineers are a highly motivated group of people, what an asset for the area to have and for company's in need of a quality metal products.
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Pimlico
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While I understand the severity of their actions as well as everyones eagerness to hold them responsible for thier lost funds, these gentlemen did know how to make money. Dispite thier poor decisions over the ownership of Fair they had made several wise investments which paid them greatly. This proves they do have the potential to rebuild so they can repay. I do not feel they should live the life of luxuary but given an opportunity could they find ways of repaying the debts? They are doing nothing now but being a burden on tax payers. Just a thought!!!!!
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
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