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Law
Uptick in M&A activity suggests a turnaround
January 22, 2011
Scott OlsonFourth quarter helps to bolster 2010 deal-making.
MoreFormer Allison exec settles suit alleging bribery
January 21, 2011
Kathleen McLaughlinA former China-based executive of Allison Transmission has agreed to drop a lawsuit that claimed the company won business
by bribing foreign officials. But it's likely that the firm still must deal with scrutiny from the Department of Justice,
according to one legal expert.
MoreTim Durham's exotic cars hit auction block
January 21, 2011
Greg AndrewsFair Finance Co.'s bankruptcy trustee scheduled the Friday auction to raise money for creditors of the defunct company, including
more than 5,000 Ohio residents who hold more than $200 million in unsecured investment certificates.
MoreFederal judge backs jury award in FedEx-ATA dispute
January 20, 2011
Kathleen McLaughlinRichard Young rules that the $66 million verdict against FedEx was rational and "not monstrously excessive."
MoreDeCoudreaux leaving Lilly for top job at Mills College
January 20, 2011
J.K. WallAlecia DeCoudreaux, the top attorney for Eli Lilly and Co.’s U.S. unit and an active community volunteer, will leave
to become president of Mills College in California on July 1.
MoreMan gets 3 years in cemetery scheme
January 19, 2011
Associated PressMark Singer, who was convicted of scheming to steal as much as $27 million set aside to maintain the graves of people who
had paid in advance for their funerals, has been sentenced to three years in prison.
MoreState lobbying commission sidelines executive director
January 19, 2011
Kathleen McLaughlinThe Indiana Lobby Registration Commission placed Executive Director and general counsel Sarah Nagy on paid leave Monday, the
day before a busy filing day for the state's lobbyists.
MoreBrightpoint exec Fivel leaving for Simon Property Group
January 19, 2011
IBJ StaffOne of the top executives at Brightpoint Inc. is leaving the Indianapolis-based cell phone distributor to take a similar position
at Simon Property Group.
MoreFair Finance trustee sues Durham relatives
January 17, 2011
Greg AndrewsThe case against Jeffrey and Dana Osler is the latest in what is expected to be a string of suits by the trustee against friends
and business associates of Tim Durham who took out loans from Fair Finance but made few if any payments.
MoreFedEx fights to overturn jury's $66M award to ATA
January 15, 2011
Greg AndrewsATA charged in the two-year-old breach-of-contract suit that FedEx’s unexpected decision in January 2008 to drop it
as a military-charter partner forced it into bankruptcy liquidation that spring.
MoreDean of I.U.'s Maurer School of Law named to head national group
January 15, 2011
IBJ StaffLauren K. Robel was elected the next president of the American Association of Law Schools on Jan. 7.
MoreIndiana chief justice endorses sentencing changes
January 12, 2011
Associated PressA report suggests allowing judges to sentence people convicted of lesser felonies to community corrections, which would help
free up prison space for the state's worst offenders and potentially saving more than $1 billion that would otherwise go toward
building new prisons.
MoreRoche back in court as partner looks to sell to competitor
January 12, 2011
J.K. WallRoche Diagnostics requested a temporary restraining order against Medical Automation Systems Inc. Tuesday after receiving
word the company is speeding up plans to sell itself to Roche rival Alere Inc.
MoreDeveloper who drew friends into Ponzi reaches $1M deal
January 8, 2011
Greg AndrewsSydney "Jack" Williams, founder of Williams Realty Group, recruited dozens of investors, many with Indiana ties,
to invest in a Florida business that turned out to be a giant fraud.
MoreRoche aims to prevent bidding war for software firm
January 7, 2011
J.K. WallThe Swiss company, which operates its North American business out of Indianapolis, filed a lawsuit late last month against
Virginia-based Medical Automation Systems Inc. for breaching the purchase agreement the companies signed back in October.
MoreLaw firm launches economic development consultancy
January 4, 2011
Scott OlsonBarnes & Thornburg aligns with new venture BT ProjectPoint LLC to provide clients economic development and project-financing
consulting services.
MoreConseco brass agree to settle 8-year-old suit for $41.5M
January 1, 2011
Greg AndrewsThe suit accused CEO Gary Wendt, President Bill Shea, Chief Financial Officer Charles Chokel and Chief Accounting Officer
Jim Adams of engaging in a “massive and systematic coverup of ... actual debts and losses through complex accounting,
misleading disclosures, and irregular accounting practices.”
MoreEmbattled prosecutor Brizzi plans new business
December 31, 2010
IBJ Staff and Associated PressMarion County Prosecutor Carl Brizzi said he plans a new business in reputation management. He will also work as an attorney
from offices in Hamilton County and Indianapolis.
MoreBroadband provider sends troubling financial signals
December 30, 2010
Chris O'MalleyOmnicity Corp. is a half-year behind in payments to a Muncie lender and faces several lawsuits over unpaid bills from companies
it acquired.
MoreEmmis pitching in on breach-of-contract lawsuit
December 29, 2010
IBJ StaffEmmis Communications Corp. will contribute $200,000 toward legal fees in a lawsuit that company founder Jeff Smulyan's JS
Acquisition LLC filed over its failed effort to take the Indianapolis-based media company private.
MoreInsurer for Durham firm to settle suits for $5.5M
December 20, 2010
Greg AndrewsThe agreement allows embattled financier Tim Durham to remain on the board of CLST Holdings, but mandates he step down as
chairman and not vote on any matter unless doing so would make the board unanimous.
MoreFEIGENBAUM: 'There is no money' takes on new meaning
December 18, 2010
Ed FeigenbaumTight tax revenue will force hard choices on the General Assembly.
MoreFBI investigating Durham firms for phone cramming
December 16, 2010
Cory SchoutenThe FBI is asking land-line phone customers across the country to check their bills for phantom charges from more than 20
companies controlled by or connected to embattled financier Tim Durham.
MoreJudge removes Bren Simon as trustee over late husband's estate
December 16, 2010
Cory SchoutenA series of questionable decisions by Bren Simon in recent months appear to have paved the way for a Hamilton County judge’s
order this week removing Bren as interim trustee over Simon Property Group co-founder Melvin Simon’s estate.
MoreDaniels endorses findings of criminal code review
December 15, 2010
Associated PressSweeping changes proposed for Indiana's criminal sentencing system won the endorsement Wednesday of Gov. Mitch Daniels, who
said that if lawmakers enact the changes they would hold down the state's ballooning prison population and save taxpayer money.
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Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.
We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)
True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.
The Prestige was a great flick.
Larry - even though the race is on ABC, ESPN does all of the work, so that is why ESPN is mentioned. Most sports on ABC are called something like "ESPN on ABC."