News & Analysis

Shareholders sue to block deal to take Emmis private

May 14, 2010
J.K. Wall
The lawsuits, filed in Marion Superior Court, say board members have breached fiduciary duties by making no recommendation on deal that, they say, will enrich Chairman Jeff Smulyan at the expense of minority shareholders.
More

INSIDE DISH: Real estate deals central to success for Santorini

May 14, 2010
Mason King
Santorini_watchvideoShrewd moves have allowed restauranteur Taki Sawi to cement Santorini Greek Kitchen in Fountain Square and pave the way for future expansion.
More

Weather, sponsors should boost Broad Ripple Art Fair

May 14, 2010
Scott Olson
In its 40th year, event will feature 225 artists in a format expanded to two days.
More

Bioanalytical Systems names new chief executive

May 14, 2010
 IBJ Staff
West Lafayette-based Bioanalytical Systems Inc. has promoted Anthony S. Chilton to CEO following the retirement of top executive Richard M. Shepperd earlier this year.
More

Local businesswoman re-elected as chair of national group

May 14, 2010
Jean Wojtowicz will serve another one-year term leading the board of the National Association of Development Companies.
More

Lilly, others cut U.S. tax bills through transfer pricing

May 14, 2010
Bloomberg News
U.S. companies, including Eli Lilly, amassed at least $1 trillion in foreign profits not taxed in the U.S. as of the end of last year. That cumulative total increased 70 percent over three years.
More

FBI combs through records on Brizzi deals

May 13, 2010
Cory Schouten
The FBI is collecting records on an Elkhart real estate deal and an Indianapolis drug case, both involving Marion County Prosecutor Carl Brizzi and defense attorney Paul Page.
More

State auctioning 'lost' Indianapolis Indians stock

May 13, 2010
Scott Olson
The bidding for eight shares with unclaimed ownership will begin at $25,000 each. Shares in the team rarely come up for sale.
More

Cheer competition inks three-year extension with city

May 13, 2010
Jamfest Cheer Super Nationals will be held in Indianapolis through 2015. The competition is one of the city's largest annual gatherings, attracting about 20,000 cheerleaders and spectators.
More

Indiana, IBM sue each other over welfare contract

May 13, 2010
 IBJ Staff and Associated Press
IBM says it is owed nearly $53 million in fees and equipment expenses under the 2006 contract. The state says in its lawsuit that it has paid $437 million to IBM and has received "minimal value" in return.
More

Stockholders of unclaimed Indians shares

May 13, 2010

The listed holders of eight unclaimed shares of Indianapolis Indians stock and their last known addresses:

ADI Appliances
5350 Lakeview Parkway South Drive
Indianapolis
(owns two shares)

Borden’s Golden Social Club
6815 Guion Road
Indianapolis

Mary H. Martin
3655 Boulevard Place, No. 212
Indianapolis

Estelle R. Spurling
7988 N. Michigan Road, Apt. 308
Indianapolis

Jeanette E. Herr
3208 Lost Valley Road
Fort Wayne, Ind.

Lillian Ramsey
300 N. Michigan St., Suite 404
South Bend, Ind.

William B. Frost
467 N. Conde St.
Tipton, Ind.

More

LEADING QUESTIONS: Lead-foot Skillman takes tactful route

May 12, 2010
Mason King
LQ_Skillman_WVLt. Gov. Becky Skillman left behind the hot-rod racing of her youth for the hallowed halls of the Statehouse. Polite persuasion is her secret weapon.
More

City visitors group launches $1.3M ad campaign

May 12, 2010
Scott Olson
The Indianapolis Convention & Visitors Association is spending $1.3 million to promote the city to eight Midwestern markets, in hopes of attracting more travelers.
More

Ritter's buyer embarking on custard chain turnaround

May 12, 2010
Scott Olson
After purchasing the Franklin-based company two years ago, TruFoods says it now is positioned to seek franchisees in an attempt to grow the Ritter's chain to 100 locations within five years.
More

'Indiana Experience' boosts Historical Society visits

May 12, 2010
Society says the attendance represents a 57.4-percent increase over typical walk-in traffic to the Indiana History Center.
More

WTHR names new general manager

May 12, 2010
John Cardenas, news director at WBNS-TV Channel 10 in Columbus, Ohio, will assume his new job at WTHR June 1. He'll take over for Jim Tellus, who died suddenly in early March.
More

Marian University renames biz school after insurance exec

May 12, 2010
J.K. Wall
Marian University has renamed its school of business after Clark H. Byrum, president of Indianapolis-based The Key Corp., who made a significant gift to the university this month.
More

CountryMark acquires oil wells in southern Indiana

May 12, 2010
J.K. Wall
Indianapolis-based CountryMark, a co-op that provides fuel to farmers, has acquired 600 oil wells and other assets in the Illinois basin.
More

City says it will keep library branches open

May 12, 2010
Details of a plan to assist the Indianapolis-Marion County Public Library have yet to emerge, but city leaders are pledging their support to shore up a widening budget gap.
More

Study: Quality, costs better at big practices

May 12, 2010
J.K. Wall
As physician mergers increase in Indianapolis, a new study has determined that quality at large, multispecialty practices is at least 5 percent higher and costs are 3.6 percent lower than at small group practices.
More

Lilly still waiting on once-weekly Byetta

May 12, 2010
J.K. Wall
The U.S. Food and Drug Administration last week pushed its self-declared deadline for rendering an approval decision on the drug Bydureon to Oct. 22. The previous deadline was in March.
More

Q&A

May 12, 2010
J.K. Wall
Joe Guzman is a co-founder of Indianapolis-based Ascend USA, the new trade adopted after Guzman merged his benefits brokerage, Benefits Strategies Inc., with benefits business Steven Goodin. The eight-person firm expects to hire as many 15 new employees in the next year. Those workers will help Ascend diversify from health benefits into brokering commercial insurance products.
More

Mayor unveils infrastructure-improvement plan details

May 11, 2010
City would use $425 million expected from selling the city's water and sewer utilities to Citizens Energy Group to upgrade city streets, sidewalks and bridges.
More

CIB agrees to help Black Expo, but not with grant

May 11, 2010
Scott Olson
Capital Improvement Board votes not to restore IBE's annual $150,000 grant, but agrees to provide the organization with in-kind services equaling the amount.
More

Shareholders overwhelmingly OK Conseco name change

May 11, 2010
J.K. Wall
Carmel-based life and health insurer is now CNO Financial Group Inc. to reflect what company officers call a "transformation" of the once-troubled firm.
More
Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

ADVERTISEMENT