- Home
- NEWS
- REGIONAL
- THIS WEEK'S PAPER
- BLOGS
- Multimedia
- OPINION
- A&E
- LISTS
- PEOPLE
- EVENTS
- Classifieds
- Subscribe
Tim Durham
Judge places Fair Finance into bankruptcy
February 19, 2010
Greg AndrewsA federal trustee will take control of the company's assets while securities-fraud probes continue.
MoreJudge weighing request to unseal Fair Finance records
February 11, 2010
IBJ StaffA federal judge is weighing whether to unseal search-warrant documents related to the federal investigation of businessman
Tim Durham and Akron, Ohio-based Fair Finance Co. following a hearing Thursday in Youngstown, Ohio.
MoreFair Finance going along with appointment of receiver
February 11, 2010
Greg AndrewsAttorneys for the company and its parent firm denied any fraud occurred but said receivership nonetheless made sense.
MoreDurham-backed firm to halt trading, dissolve
February 10, 2010
Greg AndrewsDallas-based CLST Holdings Inc. has struggled, and its shares trade for a mere 9 cents apiece.
MoreFair Finance investors force company into bankruptcy
February 8, 2010
Greg AndrewsInvestors in Tim Durham’s Fair Finance Co. shoved the company into bankruptcy court Monday morning, a move intended
to reduce the risk assets will disappear while securities fraud probes continue.
MoreFair Finance investors file motion for receiver to control assets
February 4, 2010
Greg AndrewsThe motion filed in an Ohio court is aimed at preventing funds from disappearing while investigations continue.
MoreFair Finance investors aim ire at U.S. attorney
January 30, 2010
Greg AndrewsOhio residents who put money into Tim Durham's company want the U.S. Attorney's Office to seize his and the company's assets.
MoreFair Finance investors fear money is disappearing
January 27, 2010
Greg AndrewsOhio residents who attended investor meeting say recovering funds hinges on locking down assets that remain.
MoreDurham yacht up for sale; asking price $4.8 million
January 26, 2010
Greg AndrewsIndianapolis financier Tim Durham's famed 98-foot yacht is up for sale for $4.8 million. Durham has been selling some of his
holdings in recent months as financial pressures have intensified after the FBI raided his offices in Indiana and Ohio.
MoreBank says Durham had no right to sell Duesenberg
January 18, 2010
Greg AndrewsA legal brouhaha over the recent auction of a Duesenberg automobile by Tim Durham has taken a new twist, with Durham's bank
charging the financier didn't have the right to sell the car in the first place.
MoreOhio lawmaker wants Fair Finance owners' assets frozen
January 15, 2010
Greg AndrewsAn Ohio congressman is upset the U.S. Attorney’s Office in Indianapolis isn’t seeking to freeze the assets of
Fair Finance Co. owners Tim Durham and Jim Cochran.
MoreBrizzi silent on controversy as he opts against 3rd term
January 14, 2010
Greg AndrewsThe written statement Carl Brizzi released Thursday saying he will not seek a third term as Marion County prosecutor makes
no reference to the controversy surrounding his business and personal ties with embattled Indianapolis financier Tim Durham.
MoreDurham trailer-maker sued for nearly $1M
January 14, 2010
Greg AndrewsFirst Merchants Bank is seeking nearly $1 million from Tim Durham and his companies through a recently filed loan-default
lawsuit.
MoreDurham's Fair Finance drops effort to sell securities
January 12, 2010
Greg AndrewsOhio-based Fair Finance Co. told securities regulators this week that it is withdrawing its request for approval
to sell an additional $250 million in investment certificates.
MoreMore than 1,100 attend Fair investor meeting
January 6, 2010
Greg AndrewsA meeting of Fair Finance Co. investors held Tuesday night at a northeast Ohio hotel drew an overflow crowd of 1,100 people.
MoreIBJ, Wall Street Journal seek unsealing of Durham records
January 5, 2010
Greg AndrewsIndianapolis Business Journal and The Wall Street Journal have joined the legal fight to unseal search
warrant documents related to the federal investigation of businessman Tim Durham.
MoreWould-be buyer: Durham double-dipped on Duesenberg deal
December 30, 2009
Andrea Muirragui DavisTim Durham struck a deal to sell a vintage Duesenberg for $1 million before auctioning off the same vehicle for $2.9 million,
according to the small-town Michigan mayor who said he agreed to buy it.
MoreFair Finance's past gave investors, regulators false comfort
December 26, 2009
Greg AndrewsThe Akron company had been meeting its obligations for decades before Tim Durham acquired it seven years ago.
MoreNEWSMAKER: High-flying exec Durham ensnared in probe
December 26, 2009
Greg AndrewsThe U.S. Attorney's Office alleged in court papers that one of his businesses, Ohio-based Fair Finance Co., operated as
a Ponzi scheme.
MoreDurham firm departing top floor of Chase Tower
December 23, 2009
Greg AndrewsTim Durham's Obsidian Enterprises Inc. plans to vacate the top floor of the state's tallest building next month, real
estate sources say.
MoreFair Finance investors file additional fraud suit
December 22, 2009
Greg AndrewsMore than three dozen residents of a northeast Ohio county who invested in Fair Finance Co. are seeking to recover more
than $2.1 million from the shuttered company.
MoreBuyer of prized Durham Duesenberg alleges fraud
December 19, 2009
Greg AndrewsA Virginia businessman is suing Tim Durham, alleging he and other defendants manipulated the September auction of a 1930 Duesenberg
that sold for $2.9 million.
MoreNewspapers seek to unseal Durham search warrants
December 17, 2009
Greg AndrewsDaily newspapers on Thursday filed a motion seeking to unseal search warrant documents related to the federal investigation
of Indianapolis businessman Tim Durham and Akron, Ohio-based Fair Finance Co.
MoreStill hoping to sell securities, Fair Finance seeks extension
December 14, 2009
Greg AndrewsTim Durham's Fair Finance Co. says it needs another 30 days to provide Ohio regulators with a mountain of documents
they requested relating to insider loans and other issues.
MoreFederal filing lists another link between Brizzi, Durham
December 12, 2009
Greg AndrewsA federal financial-disclosure statement Brizzi submitted in May lists the politician as an investor in Red Rock Pictures
Holdings Inc., a film-development firm also backed by Durham.
More
Sponsored by
ADVERTISEMENT
on Facebook & Twitter
on Facebook & Twitter
 Follow IBJ's Tweets on these topics: |
||
| @IBJNews | @Propertylines | @IBJTheScore |
| @IBJArts | @IBJHealthcare | @IBJDining |
| @IBJLists | @IBJSmallbiz | |
ADVERTISEMENT
Back to TopCopyright © All Rights Reserved. Privacy Policy | Terms of Use.
Design, CMS, Hosting & Web Development :: ePublishing.
Additional Hosting & Delivery by
Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.
Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!
Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.
As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.
Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.