Premier Properties
Feds sue developer Premier over raid on retirement accounts
December 1, 2010
Cory SchoutenExecutives of defunct Indianapolis developer Premier Properties USA Inc. are negotiating to settle a lawsuit brought by the
U.S. Department of Labor that claims the company raided employee retirement accounts in a last-ditch bid to save itself in
early 2008.
MoreMetropolis mall purchased by Israel firms
August 30, 2010
Aviv Arlon Global Ltd. pays $52 million for shopping center, which was in court-appointed receivership. Former real estate
firm Premier
Properties USA Inc. developed Metropolis, with an investment of $160 million.
MoreBank trying to sell former home of Premier Properties founder
August 3, 2010
Cory SchoutenA Lake Clearwater mansion formerly owned by Premier Properties founder Christopher P. White is up for sale with an
asking price of $1.48M.
MoreRemnants of failed Premier Properties finally hit market
November 21, 2009
Cory SchoutenCB Richard Ellis recently began marketing the most prominent of Premier Properties’ local properties, Metropolis. The
Venu site
at the southwest corner of East 86th Street and Keystone Avenue also is up for grabs.
MorePremier Properties founder gets home detention for fraud
November 18, 2009
Cory SchoutenA judge on Wednesday afternoon sentenced Christopher P. White to one year on home detention and three years of probation in
connection with a $500,000 bad check he wrote last year as he tried to save his real estate development firm, Premier Properties
USA Inc.
MoreBREAKING: Jury finds Premier's White guilty
August 18, 2009
Cory SchoutenA Marion County jury this evening found Christopher P. White guilty of three Class C felonies related to a $500,000 bad check
he wrote last year in a last-ditch attempt to save his locally based development firm, Premier Properties USA Inc.
MoreDeveloper's fraud trial enters second day
August 18, 2009
Cory SchoutenMarion County prosecutors this morning began making their case that Christopher P. White knowingly wrote a bad check for $500,000
last year in a desperate attempt to save his Indianapolis-based development firm, Premier Properties USA Inc.
MoreHigh-flying Premier Properties crashes
December 29, 2008
Cory SchoutenThe founder of local real estate firm Premier Properties USA Inc. saw his company falter this year and faced three felony
charges in connection with its downfall.
MoreHundreds turn out for White auction
August 11, 2008
More than 1,000 people from nine states attended an auction Saturday of hundreds
of items seized from Christopher P. White, the founder of bankrupt developer Premier Properties USA Inc.
MorePremier's White taken into custody, posts bond
June 26, 2008
Cory SchoutenPremier Properties USA Inc. founder Christopher P. White was taken into police
custody early this morning and released after he posted bond.
MoreBREAKING: Premier's White charged with 3 felonies
June 16, 2008
Cory SchoutenThe Marion County Prosecutor's Office on
Monday filed three felony charges against Christopher P. White, the founder of bankrupt development firm Premier Properties
USA Inc.
MoreTrustee working to determine Premier assets
June 11, 2008
Cory SchoutenA bankruptcy trustee is planning an auction of Premier Properties USA Inc.'s
remaining office furniture while struggling to get a handle on what other assets remain for the defunct developer.
MoreBoberschmidt appointed Premier trustee
June 2, 2008
Chip CutterPhilip Boberschmidt of the downtown law firm of Boberschmidt and Powers has
been appointed trustee to oversee liquidation of Premier Properties USA - a task that begins today.
MorePremier Properties to be liquidated
May 30, 2008
Chip CutterA judge reclassified the bankruptcy status of Premier Properties USA today,
clearing the way for a U.S. trustee to take hold of the company and begin selling its assets.
MoreTrustee to intervene in Premier bankruptcy
May 12, 2008
Cory SchoutenThe U.S. Trustee's office plans to file a motion to intervene in a Chapter 11
bankruptcy case brought by Premier Properties USA Inc. because the development firm is insolvent.
MoreCriminal charges possible in Premier blowup
April 28, 2008
Cory SchoutenAuthorities are considering pursuing criminal charges against Christopher P. White and other executives at Premier Properties
USA Inc. in connection with deepening troubles at the local development firm, sources familiar with the matter told IBJ.
MoreEmergency hearing scheduled for Premier
April 25, 2008
Cory SchoutenA U.S. bankruptcy judge has scheduled an April 28 emergency hearing over Premier Properties USA Inc.'s refusal to turn over
records
concerning its retail properties including Metropolis mall in Plainfield.
MorePremier Properties retreats into bankruptcy
April 24, 2008
Cory SchoutenPremier Properties USA Inc. filed for bankruptcy protection yesterday, narrowly avoiding the appointment of a receiver to
take control of the troubled Indianapolis company.
MorePremier Properties auction attracts no bids
April 17, 2008
J.K. WallNo bids were submitted today at an auction for control of 10 properties owned by Indianapolis-based Premier Properties USA
Inc., the financially troubled development company run by Chris White.
MoreBREAKING: Lender to sell Premier properties
April 9, 2008
Cory SchoutenAn auction this month could strip locally based
Premier Properties USA Inc. of most of its real estate holdings.
MorePremier lays off workers as lawsuits, debt pile up
April 7, 2008
Cory SchoutenPremier Properties USA Inc. has eliminated about half its headquarters staff—more than 40 employees—as banks seize
several of its properties and CEO Christopher P. White faces a barrage of new lawsuits alleging unpaid bills, defaulted loans,
illegally redirected rent payments and check fraud.
MorePremier Properties lays off workers as lawsuits, debt pile up
April 7, 2008
Cory SchoutenPremier Properties USA Inc. has eliminated about half its headquarters staff--more than 40 employees--as banks seize several
of its properties and CEO Christopher P. White faces a barrage of new lawsuits alleging unpaid bills, defaulted loans, illegally
redirected rent payments and check fraud.
MoreCreditor pursues troubled Premier's property
March 10, 2008
Cory SchoutenWachovia Bank has begun foreclosure proceedings on one of Premier Properties USA Inc.’s most prized developments,
a giant Ohio lifestyle center anchored by Target and J.C. Penney.
MoreCreditor pursues Premier property
March 10, 2008
Cory SchoutenWachovia Bank has begun foreclosure proceedings on one of Premier Properties USA Inc.'s most prized developments, a giant
Ohio lifestyle center anchored by Target and J.C. Penney. The Charlotte, N.C.-based bank also is foreclosing on a vacant former
Wal-Mart store in front of Premier's Metropolis mall in Plainfield.
MoreMemo: Unpaid contractors demanding payment from Premier Properties
January 28, 2008
Cory SchoutenPremier Properties USA Inc. is scrambling to keep up with bills for basic services including snow removal,
security and interior design—more signs of financial troubles for the developer of Metropolis in
Plainfield and the proposed Venu project in Indianapolis.
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Members must realize if you stop paying your dues you will lose. Why else would your employer honor the rtw bill. Before you take this step think about what you may be giving up in the long run. Very little of your dues money goes to any dem candidate. YOu will never know how much your republican employer gives his party with money he could be paying the employee. Who will step up and demand better wages or benefits if you have no representation. Union is the way for a better life. Our carpenter union offers a 4 year apprenticeship and 2 year degree from Ivy Tech all paid for with union dues . This is a great opportunity for kids who cant afford schooling after high school. The same opportunity is there for any person,any age, either sex to provide a better living for their family. Pension, anuity, health insurance all for your dues. How is this a bad choice.
The FDIC is funded by assessments paid by banks, not taxpayers. That is not to say that bank customers don't ultimately pay the cost because, in the end, banks don't survive if they don't make profits.
SCB Bank's failure is expected to cost the government $33.9 million,dont you mean middle class another bailout our government has no money
Diogenes, the company did not call "pro-life" statements inflammatory. The IBJ article used the words "pro life."
All, the company did, is what it should do which is apologize profusely for offending people with a program that offered statements that support an infamous apartheid proponent, Dr. Verwoerd, suggest that sometimes rape is justified, and quote Biblical text to people, not looking for it.
If this is what you think is "insanity" then more companies need to behave insanely.
I totally disagree with $45mil being given to the state Attorney General's office. That money is a waste. All of the money should go to help the homeowners & the people who were foreclosed on. Why such a big percentage to state govt? They'll get to start another agency staffed with people who have new-found power & don't care about the people they serve. As soon as the program was announced, I knew the states would end up with a huge chunk of the money for themselves that would just be squandered. Or maybe Mitch Daniels will just happen to "find" another big chunk of money that was "posted in the wrong section of the state's books."