December 12, 2012
Cory SchoutenA long, contentious family battle over the $2 billion estate of the late shopping mall tycoon Melvin Simon has ended with
a confidential settlement.
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November 3, 2012
Greg AndrewsAttorneys for Mel’s daughter Deborah asked a Hamilton County judge to put discovery deadlines on hold and vacate the
July 2013 trial date while the parties negotiate a “memorandum of understanding.”
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September 20, 2012
Cory SchoutenSimon Property Group Inc. has settled a dispute with the estate of its late founder Melvin Simon, converting his ownership
units into common shares and selling them for $944 million.
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April 23, 2011
Cory SchoutenBren Simon lost control over her late husband’s multibillion-dollar estate, but she sold a New York City condo for $48M
in March, and is trying to sell a mansion in L.A. for $50M.
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April 18, 2011
IBJ StaffThe Indiana Court of Appeals has dismissed Bren Simon’s petition seeking to reverse a lower court’s ruling that
removed her as interim trustee of her late husband’s $2 billion estate.
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February 16, 2011
Cory SchoutenThe Indiana Court of Appeals has agreed to hear an appeal from the widow of the late Melvin Simon, putting on hold a legal
dispute over the mall magnate's more than $2 billion estate.
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January 26, 2011
Cory SchoutenBren Simon is poised to replace her outside legal team in favor of a heavy hitter from Chicago as she appeals two courtroom
setbacks in Hamilton County.
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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.
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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.
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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.
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November 30, 2010
Cory SchoutenAttorneys for Bren Simon turned their ire toward a Hamilton County judge on Tuesday, asking him to recuse himself from a legal
battle over real estate magnate Melvin Simon's $2 billion estate.
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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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August 14, 2010
Cory SchoutenThe battle over the estate of Melvin Simon has thrown a spotlight on a New Jersey development project that, by itself, has
made many Simon family members multi-millionaires.
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August 10, 2010
Cory SchoutenHamilton County Judge William J. Hughes said it's clear that all the parties involved in a series of
disputes surrounding
late mall billionaire Melvin Simon's estate need to "sit across the table from each other and try to work things
out."
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August 7, 2010
Cory SchoutenThe first few months of 2009 were not an easy time to be CEO of Simon Property Group Inc. David Simon was feeling pressure
from shareholders, lenders, employees and family members.
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July 30, 2010
Cory SchoutenA Hamilton County judge has ordered a halt to distributions from the estate of the late Melvin Simon to his widow Bren or
any other beneficiary without the court's approval.
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July 30, 2010
Scott OlsonLawyers for Bren Simon's stepchildren contend she's incapable of serving as trustee of her late husband's estate and should
be removed. A Hamilton Superior Court judge took the matter under advisement and will rule at a later date.
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July 29, 2010
Cory Schouten
A judge is scheduled to hear final arguments Thursday over whether Bren
Simon should remain as trustee for her late husband's roughly $2 billion estate. A video deposition has provided a glimpse
into ugly family conflicts.
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July 16, 2010
Cory SchoutenAttorneys for Bren Simon argued Friday she has served capably to date as executor of the estate of her late husband, Melvin
Simon, as shown in a series of moves she made to transfer his stake in the Indiana Pacers.
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July 15, 2010
Cory SchoutenIn a deposition aired during an estate hearing, Bren Simon described her stepchildren as spoiled, vicious and hurtful,
and
said they refused to accept her as family during 37 years of marriage to late mall billionaire Melvin Simon.
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July 15, 2010
Cory SchoutenDetails of years of squabbling between family members of the shopping mall magnate Mel Simon have begun to emerge in a court
battle over the late billionaire's estate.
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June 18, 2010
Greg Andrews, Cory SchoutenThe longtime accounting firm for Simon family interests objected to subpoenas it received from Melvin Simon's daughter
Deborah, saying the information
requested was far too broad.
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May 10, 2010
Cory SchoutenWidow alleges in a new court filing that a former nurse aide for Melvin Simon stole a confidential medical
log and unlawfully
turned it over to attorneys representing one of Simon's children from a previous marriage.
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April 21, 2010
Greg AndrewsMelvin Simon’s daughter Deborah is lashing out at her stepmother Bren in a new court filing, saying she was “mentally
and verbally abusive” toward the billionaire late in his life and kept him isolated from friends and family.
More
April 15, 2010
Scott OlsonThe 20,000-square-foot estate is in the ritzy neighborhood's most prestigious area,
and boasts eight bedrooms and 16 bathrooms.
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First, let me say that I love the idea of communities being self-sufficient and people in the community not needing cars, living, working and shopping all in their neighborhood. To sum it up; I love good urban planning and hate urban sprawl. However, there are two reasons that I am against this development. First, this building doesn't fit. Density can occur in Ripple by building up top the street and better use of land. The scale of this project should be downtown. Secondly, I would be willing to bet that if a whole foods in Ripple is built, the Nora store would be closed. Here's my reasoning. The Nora Whole Foods expansion plans have been put on hold. I'm guessing they are waiting to see what happens with the Ripple proposal. Communities next to each other should work together to end sprawl and not work against each other and take other neighbors assets. Develop something both communities can be proud of and will attract more development and density. There's my soap box for the day.
My apologies, Lou - it was the Indy Star that printed cost for entertaining "celebrities" during Indy 500. Sorry for confusing the always timely IBJ with Indy's Gannett reprint news source.
That's fine if you want a grocery store that has festivals and live music. I guess with the prices they charge, they can afford to host such activities. As for me, I choose to spend my money more wisely and if I want to go to a festival or a concert, I will pay for that separately - not through my grocery bill.
TIF is not just to attract development but to attract a higher use for that development. Carmel wisely is using TIF for numerous public parking garages. Asphalt seas of parking pay little taxes and bring even less value to a commercial area. Also density is what is going to save Indy and Broad Ripple. The days of trying to compete with burbs are long gone.
The Prestige was an awesome movie.