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Law
Bankruptcy trustee sues Durham art bidders
November 18, 2010
Jim Mackinnon / Akron Beacon JournalA Florida art dealer who successfully bid more than $260,000 on artwork that once belonged to Fair Finance Co. co-owner Timothy
Durham says he canceled the sale. Now he and another big bidder from Philadelphia are being sued by Fair Finance bankruptcy
trustee Brian Bash for nonpayment.
MoreInventor files suit against local printing business
November 18, 2010
IBJ StaffLawsuit alleges Harding Poorman Group shorted former Discom Technologies owner a percentage of sales after it acquired his
company.
MoreCourt upholds Lilly patent on cancer drug Alimta
November 16, 2010
IBJ Staff and Associated PressA U.S. District Court judge on Monday upheld Eli Lilly and Co.’s patent on the cancer drug Alimta, protecting the compound
until July 2016. It was a welcome win after a difficult few months for Indianapolis-based Lilly, which is facing a wave of
patent expirations in coming years.
MoreMike's Express Carwash sued in family feud
November 13, 2010
Cory SchoutenMike’s Express Carwash and its principals, Bill and Mike Dahm, sons of founder Joe Dahm, are facing a lawsuit in Hamilton
Superior Court brought by Jerry Dahm, a cousin who owned 35 percent of the company until May.
MoreBarnes & Thornburg maintains top-100 ranking
November 13, 2010
IBJ StaffThe firm ranked 85th in The National Law Journal’s annual listing of the nation’s 250 largest firms,
up two spots from its previous position.
MoreBank of America seeks to dismiss racketeering suit
November 11, 2010
Homeowners Dwayne Ransom Davis and Melisa Davis sued last month in Indianapolis, claiming Bank of America “routinely”
submitted perjured affidavits to support foreclosures. They lost their Knightstown home last year.
MoreCitigroup subsidiary agrees to $717,000 Indiana fine
November 8, 2010
The penalty stems from charges that Citigroup Global Markets failed to monitor a former agent accused of working with Robert
Nelms, who was sentenced in May for securities fraud involving a $24 million cemetery trust fund operated by Indianapolis-based
Memory Gardens Management Corp.
MoreDrama builds in suit over Hilbert mother-in-law's life policy
November 6, 2010
Kathleen McLaughlinBusinessman J.B. Carlson is in debt for $5.9 million, and he may have been the last person to see 74-year-old Suzy Tomlinson
alive. Her $15 million life-insurance policy named him as the beneficiary.
MoreRock Bottom Brewery tries to hang onto downtown lease
November 3, 2010
Kathleen McLaughlinDowntown landlord John Goodman has rejected Rock Bottom Brewery's attempt to renew its lease for five more years. The restaurant
has occupied 14,600 square feet at 10 W. Washington St. since June 1, 1996.
MoreDemocrats win prosecutor's race, other Marion County seats
November 2, 2010
IBJ StaffDemocrat Terry Curry has been elected Marion County prosecutor, defeating Republican candidate Mark Massa in a close race.
Democrats also won the sheriff's race and other countywide seats.
MoreJudge: Bren Simon can take some distributions from estate
November 2, 2010
Cory SchoutenA Hamilton County judge will allow Bren Simon to take about $3.3 million per year of the estimated $43 million in annual dividend
and interest income from her late husband's estate.
MoreAppeals court rejects Lilly over Gemzar patent
November 1, 2010
IBJ Staff and Bloomberg NewsWithout an appeal, generic drugs are now poised to wipe away most of Lilly's $750 million in annual U.S. revenue from Gemzar.
MoreState sues WellPoint over data breach
October 30, 2010
Associated PressThe lawsuit filed Friday in Marion County accuses Indianapolis-based WellPoint of violating a state law that requires businesses
to provide notification of data breaches in a timely manner.
MoreWorkplace safety rules a part of ND death probe
October 30, 2010
Associated PressState regulators are investigating whether the University of Notre Dame violated safety rules when it allowed a student to
videotape football practice from a tall hydraulic lift that toppled in high winds, killing the young man.
MoreDon Marsh, grocery chain he led no closer to making peace
October 30, 2010
Greg AndrewsTime has done nothing to settle a dispute between the former executive and the private equity firm that bought his family's
business. They are gearing up for an October 2011 trial.
MoreSecretary of state files complaint against teachers' fund broker
October 27, 2010
Kathleen McLaughlinDavid Karandos, a broker who advised the Indiana State Teachers Association Insurance Trust before it collapsed in 2009, is
facing an administrative complaint from the Indiana Securities Division, which alleges 13 violations for unethical, dishonest
and deceptive practices.
MoreFormer iSalus CEO sues tech firm for breach of contract
October 27, 2010
Andrea Muirragui DavisMark A. Day is suing Indianapolis-based technology firm iSalus Healthcare, claiming he was dismissed without cause and is
entitled to severance pay and benefits.
MoreU.S. attorney to ask for review of IURC ethics dispute
October 26, 2010
Associated PressU.S. Attorney Joe Hogsett says he'll ask "the appropriate federal agency" to review an ethics dispute that has
embroiled the Indiana Utility Regulatory Commission and Duke Energy Corp.
MoreAmerican Commercial Lines sued over $777M buyout bid
October 26, 2010
Bloomberg NewsOfficials of Jeffersonville-based American Commercial and private-equity firm Platinum Equity LLC structured the $33-a-share
offer in a way that unfairly bars other bids for the shipping company, American Commercial shareholder Leonard Becker said
in his lawsuit.
MoreGrand jury indicts OmniSource for racketeering
October 25, 2010
IBJ StaffA Marion County grand jury has returned an eight-count indictment against OmniSource Corp., accusing the metal recycling powerhouse
of racketeering and receiving stolen property. Company president Mark Millett called the allegations "unfounded."
MoreDefunct ATA Airlines awarded $66M in FedEx lawsuit
October 25, 2010
Chris O'MalleyAn Indianapolis jury has returned a $65.9 million verdict against Memphis-based FedEx in a breach-of-contract lawsuit brought
in 2008 by now-defunct ATA Airlines.
MoreFemale engineers appeal discrimination ruling
October 25, 2010
Kathleen McLaughlinTwo female engineers who pursued a gender-discrimination case against Rolls-Royce Corp. for the past four years intend to
appeal a judge's decision in the company's favor.
MoreN.Y. attorney general sues FedEx over driver status
October 25, 2010
Bloomberg NewsThe Memphis, Tenn.-based company, which has a distribution hub in Indianapolis, says its contract-driver model is legal and
was approved for tax purposes by the U.S. Internal Revenue Service in 1994.
MoreDeveloper tied to Ponzi slides into bankruptcy
October 23, 2010
Cory SchoutenSydney "Jack" Williams earned commissions by persuading dozens of investors, many with Indiana ties, to lend millions
of dollars to a business that turned out to be fake.
MoreFirm that ignored lawsuit now paying a hefty price
October 23, 2010
Greg AndrewsTax-resolution firm JK Harris did not defend itself against a lawsuit and got pummeled as a result. Now, it's brought in an
attorney who's trying to undo the mess.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.