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Lawsuits
Fair 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.
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.
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.
MoreBattle breaks out over Mel Simon fortune
December 24, 2010
Cory SchoutenA long-simmering Simon family feud went public as members of one of the city’s most prominent families battled in a
Hamilton County courtroom over the $2 billion estate of mall magnate Melvin Simon.
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.
MoreFormer Allison executive alleges bribery
December 11, 2010
Kathleen McLaughlinStephen Lowe, a former Allison Transmission managing director based in Shanghai, claims the company booted him from a top
post in China because he raised concerns about bribery.
MoreWhistleblower suit cites Rolls-Royce engine flaws
December 8, 2010
IBJ Staff and Associated PressRolls-Royce Corp. concealed repeated defects at an aircraft engine plant in Indianapolis and fired a safety official for reporting
the problems, according to a lawsuit filed in federal court.
MoreRepublic sues website operator over airline gift cards
December 6, 2010
Bloomberg NewsIndianapolis-based Republic Airways Holdings Inc. and its Frontier Airlines unit filed a trademark-infringement case against
the operator of a website offering gift cards as consumer incentives.
MoreSimon Property offers to settle dispute over widow's stake
December 4, 2010
Cory SchoutenSimon Property Group Inc. has offered to settle a lawsuit with Bren Simon by cashing out 6.5 million partnership units her
late husband Melvin held in the giant shopping mall developer.
MoreMenard lawsuit entangles businessmen Hilbert, Dick
December 4, 2010
Kathleen McLaughlinFormer Conseco executives Steve Hilbert and Rollin Dick are caught in a bitter legal battle between billionaire hardware king
John Menard and his ex-fiancee.
MoreJudge denies motion to dismiss school funding suit
November 29, 2010
Associated PressHamilton Southeastern Schools, Franklin Township Schools and Middlebury Community Schools say the school formula violates
the state constitution's requirement for "general and uniform" public education funding because districts get
different per-pupil amounts.
MoreSenior staffer settles retaliation lawsuit with IMA
November 27, 2010
Kathleen McLaughlinA longtime senior manager at the Indianapolis Museum of Art has retired—the result of a settlement in a retaliation
lawsuit she filed earlier this month.
MorePhase 10 inventor folds in dispute over top-selling card game
November 22, 2010
Cory SchoutenThe inventor of the world's second-best-selling card game has settled a lawsuit with Fundex Games, the Plainfield company
that markets and distributes Phase 10.
MoreFederal Home Loan Bank suing major players
November 20, 2010
Cory SchoutenThe Federal Home Loan Bank of Indianapolis has filed suit against some of the nation’s largest financial institutions,
including Bank of America, Wells Fargo and J.P. Morgan Chase, to recover losses on a $3 billion portfolio of mortgage-backed
securities.
MoreControversy engulfs Devington community group
November 20, 2010
Kathleen McLaughlinDevington Community Development Corp. tried to tackle a host of neighborhood ills before closing its doors this month. But
the agency also was embroiled in disputes with a local minister and its landlord.
MoreHome Loan Bank sues over losses on $3B mortgage portfolio
November 18, 2010
Cory SchoutenThe Federal Home Loan Bank of Indianapolis is suing some of the nation’s largest financial institutions to recover losses
on a $3 billion portfolio of mortgage-backed securities.
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.
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.
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.
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.
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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.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.