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Law
Bankruptcy trustee for Fair Finance wades into morass of insider loans
February 27, 2010
Greg AndrewsBrian Bash will need to untangle a web of related-party transactions that have befuddled nearly everyone who has tried to
make sense of them.
MoreMillionaire lawyer jumps into Melvin Simon will fight
February 20, 2010
Greg AndrewsMike Ciresi, who’s representing widow Bren Simon, helped win a $6 billion settlement from the tobacco industry.
MoreJudge 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.
MorePfizer's Viagra patent partially rejected in Lilly fight
February 16, 2010
Bloomberg NewsThe patent on impotence drug Viagra was partially rejected after the U.S. Patent and Trademark Office said it wasn't different
enough from a Chinese herb known as Horny Goat Weed. The patent was key to an infringement suit Pfizer filed in 2002 against
Eli Lilly and Co. over its rival Cialis drug.
MoreLocal lawyer appointed to lead national firm Ogletree Deakins
February 13, 2010
IBJ StaffKim Ebert is a veteran lawyer at the local office of the Atlanta-based firm, which has 470 lawyers in 37 locations nationwide.
MorePTS sues Roche Diagnostic to end blood-monitor royalties
February 13, 2010
J.K. WallPolymer Technology Systems Inc., a small Indianapolis-based maker of handheld blood monitors, has gone to court to fight
a competitor more than 100 times its size: Roche Diagnostics Corp.
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.
MoreLawsuit could bring NCAA financials to light
February 10, 2010
Anthony SchoettleLawyers for former UCLA basketball player Ed O'Bannon are promising to expose financial information about NCAA's licensing
contracts the NCAA would rather keep private.
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.
MoreLaw firm adds historic home to campus
February 6, 2010
Scott OlsonPlews Shadley Racher & Braun has finished a careful restoration of the Eden-Talbott House, continuing a strategy of shunning
glass and steel.
MoreBrizzi contributor Epperly no stranger to controversy
February 6, 2010
Greg AndrewsHarrison Epperly has made a fortune in his business career, but he's also sparked controversy.
MoreBusinesses walk fine line when supporting Colts
February 5, 2010
Scott OlsonAs Super Bowl approaches, companies unaffiliated with the Colts avoid becoming victims of the NFL's strict trademark-enforcement
policies by supporting the team in generic fashion.
MoreEx-Indiana player Leary arrested in fraud case
February 5, 2010
Associated PressThe 39-year-old Leary was being held Friday in the Monroe County Jail in Bloomington on charges out of Allen County.
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.
MoreMississippi settles Zyprexa suit against Lilly for over $18M
February 4, 2010
Associated PressMississippi will receive $18.5 million from Indianapolis-based drugmaker Eli Lilly and Co. as part of a settlement over claims
the company promoted the anti-psychotic Zyprexa for ailments it was not federally approved to treat.
MoreDeborah Simon says other potential trustees have conflicts
February 2, 2010
Greg AndrewsMelvin Simon's daughter, who's seeking to remove her stepmother from overseeing a trust that holds her late father Melvin's
fortune, says a corporate trustee is a better option than brother David Simon or family financial adviser Bruce Jacobson.
MoreMelvin Simon's daughter seeks to oust Bren as trustee
February 1, 2010
Greg AndrewsDeborah Simon is seeking
the removal of her stepmother and appointment of a corporate trustee while her lawsuit challenging changes
to the late billionaire's will plays out. The move is the latest salvo in an escalating battle over
an estate that could be worth $2 billion.
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.
MoreSimon Property Group enters dispute over founder's fortune
January 25, 2010
Cory SchoutenSimon Property Group Inc. is suing Bren Simon, the widow of company founder Melvin Simon, over her effort to convert part
of her late husband's ownership stake in the publicly traded mall giant into common shares or cash.
MoreSimon says husband's shrinking fortune spurred new will
January 21, 2010
Greg AndrewsBren Simon says in a new court filing that her billionaire husband Mel Simon granted her a bigger share of his fortune in
the last year of his life because of alarm over Simon Property Group's plunging stock price and a sharp cut in its cash
dividend.
MoreFormer attorney sentenced in fraud case
January 20, 2010
A former attorney who pleaded guilty to mail fraud has been sentenced to three years probation for submitting inflated bids
on foreclosed homes to the company for which he worked and pocketing the difference.
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Laura-the festivals and tastings are free. What does is strengthen the sense of community with activities. What are those empty lots doing for the Village? it's sad you can't see the good that this progress can do for the area. No one is requiring anyone to shop there. I guess you'd rather see a Dollar store move in or no, we'd rather see the property stand empty b/c change is out of the question.
Read down to the part about Brizzi. Someone needs to subpoena his "purchases" of Red RockPictures and Cellstar and his corresponding bank records, I mean c'mon, I'd like to see his alcohol usage records, too. http://diana-vice.blogspot.com/2011_01_01_archive.html
Wonder if my neighborhood can advertise our "retention" pond and act like it is a beach too?
a new record at the '11 salebration until they realized that it was a futile effort to get their crapwagon moter and crapwagon car up speed. And then they just quietly slunk off into the night and never spoke of it again. Nothing to see here folks.
millions for putting a company's bumper sticker on one of its Lolas. But you gotta take what you can get.