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Law
Dow Agro in legal skirmish over canola oil
January 14, 2010
Bloomberg NewsIndianapolis-based Dow AgroSciences LLC has sued Cooper Industries Plc in an effort to clarify its rights to make a canola-based
fluid used in electrical transformers.
MoreIndy man gets 2 years for extorting insurance firm
January 13, 2010
Associated PressKevin Stewart stole a computer server that contained the names and confidential information of 900,000 people.
MoreInvestors in failed Church Extension poised to recoup 70 percent
January 9, 2010
Greg AndrewsProfessionals liquidating the not-for-profit have so far recovered nearly 68 percent of the $82 million owed
investors.
MoreLaw firm Alerding Castor Hewitt hires ExactTarget's ex-general counsel
January 9, 2010
Peter SchnitzlerWilliam Boncosky spent seven years at the ExactTarget, a span when the firm's employment grew from 14 to 500.
MoreSimon family fight breaks out over billionaire's fortune
January 8, 2010
Greg AndrewsMelvin Simon’s
daughter Deborah filed court papers Thursday afternoon charging her father was coerced into approving a
new estate plan in February 2009 that dramatically increased the amount of his fortune going to her stepmother, Bren.
MoreFormer cemetery owner avoids prison time
January 8, 2010
Scott OlsonRobert E. Nelms received an eight-year sentence that will be served through a community corrections program after pleading
guilty to theft and securities fraud.
MoreJohnson County woman guilty of securities fraud
January 7, 2010
Wanda Robertson was sentenced to eight years in prison, with four years suspended, after pleading guilty Wednesday.
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.
MoreEx-investor sentenced in Indiana mortgage fraud
January 5, 2010
IBJ Staff and Associated PressRobert A. Penn, 44, of Naples, Fla., received seven years in prison and was ordered to pay more than $11 million in restitution.
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.
MoreAccountant files suit against former firm, partner
January 4, 2010
Scott OlsonA contentious split between two prominent accounting partners is getting even uglier after a lawsuit filed by one of them
has the other pledging to counter sue.
MoreReal estate lawsuit pits Situs vs. Situs
December 31, 2009
Peter SchnitzlerTexas real estate consultancy sues local brokerage over rights to name they both share.
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.
MoreJudge approves concrete price-fixing settlement
December 22, 2009
A federal judge has preliminarily approved a settlement in which a central Indiana concrete company agreed to pay $29 million
to resolve a class-action antitrust lawsuit alleging it and six other companies conspired to fix the price of ready-mixed
concrete.
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.
MoreFreight Masters files bankruptcy after losing business from Chrysler, Boeing
December 19, 2009
Chris O'MalleyThe minority-owned logistics firm is also involved in a legal battle with a Washington state firm over the loss of its Boeing
business.
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.
MoreJudge fines woman waging Web war against plastic surgeon
December 19, 2009
IBJ StaffJudge Sarah Evans Barker declared a Massachusetts woman in contempt of court for failing to remove her negative Internet
postings about an Indianapolis cosmetic surgeon.
MoreLocal funeral home operator interested in troubled Memory Gardens
December 16, 2009
Scott OlsonIndianapolis-based Wilson St. Pierre Funeral Service & Crematory is one of two companies that have emerged as potential
suitors of the embattled Memory Gardens Management Corp.
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.
MoreEditorial writers lose appeal against Star
December 9, 2009
Jennifer Nelson / The Indiana LawyerTwo former editorial writers at Indiana's largest newspaper failed to prove they were the victims of religious discrimination,
according to a circuit court of appeals.
MoreAriad asks court to restore patent-suit win against Lilly
December 8, 2009
IBJ StaffA federal appeals court will decide whether Eli Lilly and Co. must pay $65.2 million in damages, plus royalties, over a drug-patent
claim.
MoreClass-action suit seeks millions for Fair Finance investors
December 4, 2009
Greg AndrewsAttorneys on Friday afternoon filed a class-action lawsuit seeking to rescind $200 million in investor purchases of Fair
Finance Co. securities and to slap Tim Durham and other company insiders with millions of dollars in punitive
damages.
MoreState sues teachers' union for securities fraud
December 2, 2009
J.K. WallThe Indiana Secretary of State's securities division says Indiana State Teachers Association can't account for $23 million
intended for
school districts, requests assets be frozen.
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Doug Henning!
These guy were thugs — they grew up in freaking Haughville! Smh, sigh. If the mayor needs/wants "quality" Black Hoosiers who are NOT corrupt, give me a call — I know plenty. Land bank info here - http://www.kubepharm.com/indylandbank/IndyLandBank.html
Magician and illusionist!
The basic idea of nice apartments with parking and retail is a good one, but this design seems overwhelmingly big/tall for Broad Ripple. The size could be disguised a bit with lots of big trees/landscaping, but the complex is too massive to blend in easily. That section of canal between College and Westfield will also need to be upgraded on both sides. Nice apartments facing onto a nice promenade with shade trees/plantings could bring together the canal towpath/Monon recreation, the outdoor seating at existing restaurants, and this project into something that upgrades the whole area. A plan for the whole stretch makes more sense than facing nice new housing onto what looks like a ditch. Is there a plan? Does the public have input? Who pays? The apartment idea seems to be reasonable, but Whole Foods is not a good idea for appropriate retail. Besides the store being physically too big, there are already Fresh Market at 54xCollege and Whole Foods in Nora for fancy groceries. Good Earth and Kroger are within walking distance of the Shell site. There are at least 7 grocery stores within a safe bike ride. Whole Foods would add nothing but traffic congestion. This design is on the right track, but there needs to be more work done to ensure that it blends in with and enhances the existing community. A project that large will set a tone for that whole part of town. It could be a real asset, but only if done right.
I did not move to Zionsville to live in Carmel. This and the subsequent developments to follow will ensure a vanilla uniformity of strip malls and apartment buildings as we seek to bring our town down to the least common denominator. We were warned before recent elections that pro-development council members would make sure their friends (landowners and developers) would be able to make their millions off of the exploitation of Zionsville. Why in God's name would we sell out the best preserved small town in the State of Indiana?