September 29, 2011
Anthony SchoettlePaul Estridge Jr. owes a list of creditors including banks, suppliers and vendors more than $50 million, but has assets of
less than $5 million, he said.
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April 26, 2011
Scott OlsonThe Estridge Group, which had operated in the Indianapolis area since 1967, has become part of Houston-based David Weekley
Homes. Estridge had struggled in recent months to stay afloat during the severe housing downturn.
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March 19, 2011
Anthony SchoettlePaul Estridge Jr. says he’s in talks with three investors who are interested in keeping his company in business.
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March 17, 2011
Anthony SchoettlePaul Estridge Jr. says potential investors have inquired about helping his homebuilding company. Without millions in capital
and a line of credit, the business could close within a week.
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March 15, 2011
Scott OlsonThe Carmel-based homebuilder said Tuesday that it will shut down if outside investors or a line of credit aren't obtained
soon. The company previously received a cash infusion last June from a group of subcontractors.
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February 17, 2011
Scott OlsonE.Com Technologies LLC, which serves the large Centennial subdivision in Westfield, cannot expand its service territory without
the state agency's permission. Charges of anti-competitive behavior led to the decision.
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October 5, 2010
Scott OlsonThe Estridge Cos. said it is reducing Symphony from a planned 1,400 acres to a size that will closer rival the Carmel-based
home builder’s 436-acre Centennial development, also in Westfield.
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September 16, 2010
Scott OlsonBank of Indiana files complaint against the home builder, alleging it failed to repay a $1 million investment due June 30.
The complaint further accuses law firm Krieg DeVault LLP of malpractice and breach of fiduciary duty.
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September 3, 2010
Scott Olson, Cory SchoutenThe Estridge Cos. has withdrawn a proposal to build a massive youth sports complex in its master-planned Symphony development
in Westfield.
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July 8, 2010
IBJ Staff and Associated PressThe Westfield planning commission has asked city employees to further review the 1,400-acre mixed-use project that could include
thousands of homes, shops, a YMCA and a baseball stadium.
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June 26, 2010
Scott OlsonEstridge Cos.' subcontractors have invested $10 million into the firm led by COO Matt Cohoat and CEO Paul Estridge Jr.—an
infusion that paves the way for them to proceed with
a massive development in Westfield.
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Ameriana Bank took over Westfield Farmers Market for 2013 and it is held in their parking lot, corner of 32 and Carey road, 5 to 8. I am selling soap and candles there. great market!
B&T certainly has enough of our taxpayer dollars to do this thanks to Mayor Ballard. Given the firm's exceedingly poor reputation in the legal community, the basement would seem a better option.
Should read MAY hire 20 people.
Not a good location for a 300,000 home. 10th Street fumes, buses, noise. Max for this location 150,000.
The state constitution also does not say that the majority has a right to quorum, nor that the minority is required to allow them quorum. In fact, denial of quorum has been a parliamentary maneuver since the establishment of the first parliaments in the early 1600s. The right to deny quorum (and the requirement fore quorum) are to prevent exactly what happened in Indiana: A tyrannical majority pushing through odious, objectionable legislation. Denial of quorum is totally legitimate, and lest we forget, a tactic the GOP has employed many, many times to ensure their issues weren't given short shrift. By allowing the majority to impose "fines" on the minority for exercising the authority the constitution grants them (to deny quorum,) they are violating the constitution.