Law

Defendant in trial over Palladium defects tries to halt repairs

June 7, 2013
Andrea Muirragui Davis
Attorneys for the Michigan contractor being sued over construction defects at Carmel’s Palladium concert hall have asked a Hamilton County court to stop repair work immediately to preserve evidence in the case.
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Indiana court wades into coal gas plant dispute

June 6, 2013
Associated Press
The state Supreme Court agreed Thursday to step into a legal fight between backers and opponents of a proposed $2.8 billion coal-gasification plant in southwestern Indiana.
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NCAA wins dismissal of lawsuit over Sandusky fine

June 6, 2013
Bloomberg News
The lawsuit brought by Pennsylvania Gov. Tom Corbett failed to show a violation of federal antitrust law, U.S. District Judge Yvette Kane said in her decision throwing out the case.
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Fraud victim says he was duped twice over land bank house

June 6, 2013
Kathleen McLaughlin
Joseph Satterfield says he paid twice for his residence at 624 Congress Ave., but he still doesn’t have his hands on the deed to the house that was held by the Indy Land Bank.
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National mortgage settlement checks in the mail

June 4, 2013
Associated Press
Indiana Attorney General Greg Zoeller says checks totaling more than $26 million will be mailed to more than 18,000 Indiana consumers this month containing shares of the National Mortgage Settlement.
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Judge: Indiana improperly revoked gay group's license

May 31, 2013
Associated Press
The ruling Tuesday from BMV administrative judge Melissa Reynolds says the Indiana Youth Group did violate Indiana law and its contract, but the violation didn't warrant immediate revocation of the plate.
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Paterno family sues NCAA over Penn State’s Sandusky fine

May 30, 2013
Bloomberg News
In a complaint filed Thursday, the family of the deceased coach and five members of the school’s board of trustees said the Indianapolis-based NCAA improperly interfered and grossly mishandled a criminal matter outside the scope of its authority.
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Aromatherapy stores challenge Indiana's 'lookalike' law

May 29, 2013
Associated Press
Four store owners say Indiana's efforts to curb "lookalike" drugs have gone too far.
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First Merchants accused of overdraft fee violations

May 29, 2013
Chris O'Malley
A lawsuit seeking class-action status alleges that the Muncie-based bank manipulated the timing of customers' transactions to cause their checking accounts to bounce more frequently, generating millions of dollars in overdraft fees.
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Former bookkeeper pleads guilty to stealing $680K

May 29, 2013
Associated Press
Fifty-three-year-old Karen Armacost of Franklin admitted to forging hundreds of checks between 2007 and 2012 from the Greenwood Orthopaedics surgical group.
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Against court orders, Conour auctioned art for $10K

May 29, 2013
Dave Stafford
Attorney William Conour, accused of defrauding clients of more than $4.5 million, has admitted to auctioning some of his art collection in an apparent violation of bond conditions.
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Mechanic sues Fisher team for alleged harassment

May 28, 2013
Associated Press
A former mechanic for Sarah Fisher/Hartman Racing says in a lawsuit that he was fired after he complained that a crewmate was sexually harassing him.
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Lawyers scatter as Stewart & Irwin closes doors

May 28, 2013
Scott Olson
Two law firms, including a Chicago practice opening an Indianapolis office, are scooping up attorneys from Stewart & Irwin PC as the 92-year-old local legal institution prepares to end operations.
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Court stays out of Planned Parenthood funding case

May 28, 2013
Associated Press
The Supreme Court will not disturb a lower court ruling that blocks Indiana's effort to strip Medicaid funds from Planned Parenthood because the organization performs abortions.
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FDIC sues executives over Irwin failureRestricted Content

May 25, 2013
Chris O'Malley
The Federal Deposit Insurance Corp. has filed suit against four former officers of defunct Irwin Financial Corp. banks, alleging they “closed their eyes to known risks” in approving loans that contributed to the banks’ 2009 takeover by regulators.
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City fires indicted DMD employees, hires special attorney

May 24, 2013
 IBJ Staff
The city terminated two employees indicted this week on fraud charges stemming from a bribery scheme involving the Indianapolis Land Bank. It also hired a veteran attorney to review city policies and handle communications about the scheme.
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Convicted ex-coroner hits Brizzi with legal malpractice suit

May 24, 2013
Dave Stafford
Former Hancock County coroner Tamara Vangundy says she paid Carl Brizzi $10,000 for negligent legal advice that ended her career as an elected official.
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Mayor suspends land bank after indictments

May 22, 2013
Associated Press
Indianapolis Mayor Greg Ballard on Wednesday sidelined a city program that sells vacant and tax-delinquent properties, one day after federal prosecutors indicted two of its top officials for allegedly accepting bribes and kickbacks.
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Feds used wire tap, undercover agent in Land Bank probe

May 21, 2013
Cory Schouten
A federal public-corruption task force used a wire tap and an undercover FBI agent to unravel a fraud scheme authorities say was orchestrated by two city employees and three co-conspirators.
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Feds charge 5 in Indy Land Bank kickback scheme

May 21, 2013
Cory Schouten
Federal prosecutors have charged two city employees in the Department of Metropolitan Development and three others in a scheme involving cash kickbacks on the sale of properties in the Indy Land Bank.
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Ex-councilor Bateman sentenced to 27 months in prison

May 20, 2013
 IBJ Staff and Associated Press
Paul C. Bateman Jr. had pleaded guilty in January to his part in defrauding an Indianapolis physician of $1.7 million.
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Deadline looms for state's Do Not Call list

May 20, 2013
Associated Press
Since January, the state attorney general's office said it has received more than 5,000 complaints about telemarketing calls from live operators or prerecorded messages.
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Counties worry about cost of sentencing overhaul

May 18, 2013
Associated Press
Indiana counties could be forced to pay some of the costs of a change in the state's criminal code that is designed to keep low-level offenders out of prison while ensuring the worst serve more of their sentences.
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Canada’s Supreme Court won’t hear Lilly appeal on Zyprexa

May 16, 2013
Bloomberg News
Eli Lilly claims recent decisions by Canadian courts invalidating 17 drug patents have made the country an outlier among major developed countries.
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Court upholds Indiana's limit on civil damages

May 16, 2013
Associated Press
The Indiana Supreme Court has upheld the state law limiting punitive damages awarded in civil lawsuits and directs most of that money to a state victims fund.
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  1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

  2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

  3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

  4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

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