News & Analysis

Indicted businessman to remain in halfway house

April 7, 2011
Associated Press
A federal judge has denied a request by Tim Durham, who is accused in a $200 million fraud scheme, to be released from an Indianapolis halfway house
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Lawmakers still at odds over alcohol ID age requirement

April 7, 2011
Associated Press
Indiana legislators are disagreeing about how old someone should look before they have to provide identification when buying alcohol.
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U.S. attorney sues GOP donor over unpaid trading penalty

April 7, 2011
 IBJ Staff and Associated Press
The federal government is suing a former Indianapolis businessman and major Republican donor to collect a $600,000 federal penalty for commodities trading violations.
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Judge moves Durham fraud trial to next year

April 7, 2011
Scott Olson
Federal Judge Jane Magnus-Stinson on Thursday morning vacated the original trial date of May 16 and instead set jury selection for June 8, 2012. Meanwhile, lawyers for Tim Durham argued for his release from a halfway house he was sent to on Wednesday.
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UPDATE: City chooses manager for Velodrome, park

April 7, 2011
 IBJ Staff
Marian University will assume management of the Major Taylor Velodrome and the surrounding Lake Sullivan Sports Complex under a partnership announced Thursday morning by Indianapolis Mayor Greg Ballard.
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City considering abatement terminations, continuances

April 7, 2011
Scott Olson
Five companies are set to have their tax breaks terminated or continued as the city attempts to update the state of the benefits that date to the previous administration.
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Tax breaks approved for bioanalytical lab operator

April 7, 2011
The Metropolitan Development Commission on Wednesday preliminarily approved Advion BioServices Inc.'s request for a tax abatement to build a laboratory at Purdue Research Park in Indianapolis.
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Indiana Live parent files for bankruptcy protection

April 7, 2011
Indianapolis Downs LLC, which filed for Chapter 11 reorganization, attributed much of its heavy debt load to a $250 million slots-license fee paid to the state.
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Challenger alleges misconduct in Westfield mayoral race

April 6, 2011
J.K. Wall
Russell Cameron, who is challenging Westfield Mayor Andy Cook in a May 3 Republican primary, accused Cook’s deputy mayor of improperly using his position and city resources to campaign for Cook’s reelection.
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Judge hears arguments in White election challenge

April 6, 2011
Associated Press
Attorneys for Democrats and Republican Indiana Secretary of State Charlie White accused each other's clients of political manipulation during a Wednesday hearing.
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Compromise elusive on Indiana sentencing changes

April 6, 2011
Associated Press
An Indiana legislator trying to find a compromise on a plan that Gov. Mitch Daniels originally pushed to help stem the state's prison costs seems to still have work ahead.
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Indiana Senate panel votes down proposed smoking ban

April 6, 2011
Associated Press
The Senate Public Policy Committee voted 8-1 Wednesday against the bill that had exemptions for casinos, bars, fraternal clubs, smoke shops and nursing homes.
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Durham ordered to be held at halfway house for 7 days

April 6, 2011
Scott Olson
A federal magistrate on Wednesday ordered indicted financier Tim Durham held at a halfway house for seven days until he can provide a better accounting of his finances. The magistrate said "money means flight."
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Tax caps lead to painful budget cuts in some counties

April 6, 2011
Associated Press
Indiana homeowners and businesses have seen their tax bills cut by more than $655 million since the General Assembly approved property tax caps in 2008. But the savings have been tough for some local governments.
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Marian to delay med school opening until fall 2013

April 6, 2011
J.K. Wall
The Indianapolis university originally hoped to open state's second medical school in fall 2012, but that time line proved too aggressive.
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Residential developer declares bankruptcy

April 6, 2011
Scott Olson
John Swinehart, a former executive of Bruce Gunstra Builders Inc. who was involved in the Monon on Main project in Carmel, is seeking Chapter 7 bankruptcy protection. He lists liabilities of $8.3 million.
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Women's Final Four crowds smallest since 1990s

April 6, 2011
 IBJ Staff
Tuesday night's NCAA women's basketball championship game at Conseco Fieldhouse in downtown Indianapolis was a near-sellout, but it was the smallest crowd to see the title game since 1997.
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Judge to hear argument in White election challenge

April 6, 2011
Associated Press
A Marion County judge is set on Wednesday to weigh whether Republican Indiana Secretary of State Charlie White is legally qualified to serve in the office to which he was elected in November.
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Ruth Lilly estate donates $10.7M to Indiana University

April 6, 2011
Indiana University will receive donations totaling $10.7 million from the estate of late philanthropist Ruth Lilly, the university announced Wednesday morning.
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Durham set for afternoon federal court date

April 6, 2011
 IBJ Staff and Associated Press
Former Indiana businessman Timothy Durham, 48, who is accused in a $200 million fraud scheme, is scheduled to appear in federal court in Indianapolis on Wednesday at 2:30 p.m.
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Doc groups play up economic impact

April 6, 2011
J.K. Wall
Physicians are regarded as smart, successful and helpful when you’re sick—but not usually as a big driver of the economy. Now, however, physician trade groups are arguing that docs are good for business too.
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Medicare rules hammer hospitals, docs

April 6, 2011
J.K. Wall
Being an accountable care organization will be the major leagues of health care after the federal Medicare program set a high bar for the new kind of doctor-hospital organization.
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Judge gives probation to three men for water violations

April 5, 2011
Associated Press
U.S. District Judge Sarah Evans Barker sentenced 61-year-old Michael R. Milem of Carmel, 44-year-old Mark R. Snow of Brazil and Joseph T. Biggio, 51, of Illinois after accepting their guilty pleas for violating the Federal Clean Water Act.
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Indiana judge dismisses lawsuit over forfeiture funds

April 5, 2011
Associated Press
An Indianapolis judge on Tuesday dismissed a lawsuit that accused 78 county prosecutors of breaking the law by not turning over assets seized from criminals to a state school fund.
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Indiana lawmakers OK hotel sites for casino tourneys

April 5, 2011
Associated Press
Indiana's casinos would be allowed to hold card tournaments at hotels or other sites on their properties under a proposal that has cleared the state Legislature.
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