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Real Estate & Retail
Marsh defense: Travel was integral to company success
February 7, 2013
Scott OlsonDon Marsh's testimony on cross-examination Thursday morning revealed a defense strategy to convince jurors that the frequent
trips the former CEO took on the company’s dime were more for business than pleasure.
MoreWal-Mart revisits plan for Greenwood store
February 7, 2013
Associated PressA retail giant that lost its bid to build a store in Greenwood nearly a decade ago is hoping local leaders look more favorably
on a new proposal to erect a smaller store at the same site.
MoreBales trial in jury's hands after colorful closings
February 7, 2013
Cory SchoutenDuring three hours of closing arguments Wednesday in the federal fraud trial of real estate broker John M. Bales and William
E. Spencer, a federal prosecutor and two top-tier Indianapolis defense attorneys delivered a series of memorable one-liners
and rhetorical flourishes designed to stick with jurors.
MoreUPDATE: Defense takes turn in Marsh civil trial
February 6, 2013
Scott OlsonDon Marsh finally got off the hot seat Wednesday afternoon after his former company wrapped up nearly two days of questioning,
but he didn't stay off the witness stand for long.
MoreDefense rests in Bales trial after flurry of witnesses
February 6, 2013
Cory SchoutenClosing arguments are expected to begin Wednesday afternoon in the federal fraud trial of Indianapolis real estate broker
John M. Bales and partner William E. Spencer after the defense raced through seven witnesses Tuesday and early Wednesday.
MoreUPDATE: Jet trips during affairs were also for business, Marsh testifies
February 5, 2013
Scott OlsonIn a day on the witness stand, former Marsh Supermarkets Inc. CEO Don Marsh told jurors during his fraud trial Tuesday that
he's not proud of his extramarital affairs, but he insisted the private jet trips he took to visit his mistresses were business-related.
MoreFinish Line exec resigns after website redesign debacle
February 5, 2013
Anthony SchoettleLess than three months after a disastrous launch of a newly designed website that cost the retail company $3 million in sales,
The Finish Line Inc. has parted ways with its chief digital officer.
MoreMainGate calls audible during blackout, tops sales forecasts
February 5, 2013
Anthony SchoettlePregame emergency plans help MainGate Inc. go into scramble mode and keep Super Bowl merchandise shops at the Superdome open
even while the lights were out.
MoreFBI agent references Brizzi in Bales trial testimony
February 5, 2013
Cory SchoutenFederal prosecutors rested their fraud case against John M. Bales and partner William E. Spencer on Monday after a full day
of testimony from FBI Special Agent Brian Percival that included several references to former Marion County Prosecutor Carl
Brizzi.
MoreLong-struggling condo development going to auction
February 5, 2013
Tom HartonThe mostly two-bedroom units represent the bulk of the ill-fated Chatham Kynett Court project at 716 N. East St. in the Chatham
Arch neighborhood.
MoreEarlier online sales tax collection clears Indiana House
February 4, 2013
Associated PressAmazon.com and other online-only retailers would have to start collecting Indiana's 7-percent sales tax this summer under
a bill approved overwhelmingly by the Indiana House.
MoreMarsh to call former CEO as first witness
February 4, 2013
Scott OlsonThe lead lawyer for Marsh Supermarkets Inc. expects to call Don Marsh as its first witness when the civil trial against him
reconvenes Tuesday. The grocery chain alleges that the former CEO used company funds to pay more than $3 million in personal
expenses.
MoreBill would crack down on sales to secondhand shops
February 4, 2013
Associated PressIndiana lawmakers are considering a bill that would crack down on sales of stolen goods to the state's secondhand stores.
MoreIndiana gun permit denials nearly double in 4 years
February 4, 2013
Associated PressThe number of state residents whose gun permit requests were denied by the Indiana State Police has nearly doubled in
the past four years amid an increase in permit applications.
MoreSimon ups dividend after beating analysts' expectations
February 4, 2013
Bloomberg News, Associated PressThe Indianapolis-based shopping mall owner reported funds from operations, a key measure of a real estate company's performance,
of $2.29 a share, topping the average estimate from analysts of $2.17 a share.
MoreJury selected in Marsh civil trial
February 2, 2013
Dan HumanDon Marsh, the former supermarket-chain CEO, went on trial in civil court Monday morning over millions of dollars in expenses
he charged to the company. Proceedings got underway with attorneys selecting five men and four women for the jury before breaking
for lunch.
MoreDefense attorneys turn tough in Bales trial
February 1, 2013
Cory SchoutenThe legal team representing real estate broker John M. Bales and partner William E. Spencer haven't called their first
witness and already they're putting up a spirited fight as federal prosecutors seek to prove 13 charges including bank,
mail and wire fraud.
MoreSimon unit suing Stir Crazy chain for unpaid rent
February 1, 2013
Scott OlsonThe owner of Castleton Square Mall is suing its former tenant for $471,031 following the restaurant's closing late last month.
MoreFormer Venture employee turns on Bales during testimony
January 31, 2013
Cory SchoutenAn FBI investigation into Venture Real Estate Services and principals John Bales and Bill Spencer had already begun when Matthew
Dyer signed on as the company's controller in December 2009. Bales told him the company had done nothing illegal, Dyer
testified Wednesday.
MoreHHGregg profit falls on sinking same-store sales
January 31, 2013
Scott OlsonThe Indianapolis-based appliance and electronics retailer said profit fell 23 percent in its fiscal third quarter as slumping
demand for televisions caused same-store sales to drop.
MoreDuke Realty earnings, revenue see quarterly decrease
January 30, 2013
IBJ StaffIndianapolis-based Duke Realty Corp. on Wednesday reported a fourth-quarter loss of $22.5 million, a sharp decline from the
$60.2 million it made in the same quarter of 2011.
MoreDefense attorneys in Bales case trash former co-defendant
January 30, 2013
Cory SchoutenAttorney and developer Paul J. Page is no longer a co-defendant in the fraud trial of real estate broker John M. Bales and
partner Bill Spencer. But you wouldn't know it from the action Tuesday in U.S. District Court. Only now, rather than federal
prosecutors, it's defense attorneys for Bales and Spencer who are targeting Page.
MoreIndiana lawmakers push for Sunday alcohol sales
January 29, 2013
Associated PressLawmakers in the last state in the nation to bar retail alcohol sales on Sundays are making a push to lift the restriction,
but strong opposition from liquor stores could hinder the effort.
MoreBales defense: Elkhart deal was a 'scheme to help'
January 29, 2013
Cory SchoutenFacing a looming deadline to find suitable office space for the state Department of Child Services, Indianapolis real estate
broker John M. Bales and partner Bill Spencer in 2008 dipped into their own pockets to help close a difficult lease deal,
their defense attorneys contend.
MoreCity-County Council approves north-side TIF district
January 29, 2013
Kathleen McLaughlinA new redevelopment area will be created on the north side, as the Indianapolis City-County Council voted 23-5 Monday night
in favor of the North Midtown tax-increment finance district.
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Ameriana Bank took over Westfield Farmers Market for 2013 and it is held in their parking lot, corner of 32 and Carey road, 5 to 8. I am selling soap and candles there. great market!
B&T certainly has enough of our taxpayer dollars to do this thanks to Mayor Ballard. Given the firm's exceedingly poor reputation in the legal community, the basement would seem a better option.
Should read MAY hire 20 people.
Not a good location for a 300,000 home. 10th Street fumes, buses, noise. Max for this location 150,000.
The state constitution also does not say that the majority has a right to quorum, nor that the minority is required to allow them quorum. In fact, denial of quorum has been a parliamentary maneuver since the establishment of the first parliaments in the early 1600s. The right to deny quorum (and the requirement fore quorum) are to prevent exactly what happened in Indiana: A tyrannical majority pushing through odious, objectionable legislation. Denial of quorum is totally legitimate, and lest we forget, a tactic the GOP has employed many, many times to ensure their issues weren't given short shrift. By allowing the majority to impose "fines" on the minority for exercising the authority the constitution grants them (to deny quorum,) they are violating the constitution.