The court decision found the Indiana Alcohol and Tobacco Commission was “arbitrary and capricious” in its 2014 decision to deny the wholesale liquor permit application of Spirited Sales, an affiliate of Monarch Beverage Co. It also takes the Pence and Daniels gubernatorial administrations to task for intervening in the case.
The compensation affects purchases made from April 1, 2010, to May 21, 2012. For each e-book that was a New York Times bestseller, consumers will receive $6.93. For all other e-books, the payment will be $1.57.
On Wednesday, U.S. District Court Judge Sarah Evans Barker ruled against Indianapolis-based Monarch Beverage Co., which claimed in a lawsuit that Indiana's restrictive alcohol distribution laws violate the U.S. Constitution.
A Cincinnati bank that won a $2.1 million judgment on personal guarantees from Centre Properties founders Craig Johnson and James Singleton took the extreme action recently of having bank accounts frozen after the pair did not pay up.
The complaint charged the Indianapolis-based retailer failed to factor a $40 million life insurance payout into the calculation for employee bonuses. The ruling potentially could lead to millions of dollars in damages.