Businessman Alan Symons puts legal nightmare to bed
The executive has satisfied the terms of a settlement that extricates him from a $44 million court judgment stemming from a soured business relationship.
Alan Symons
Articles
Scrappy insurer continues pursuit of $25M judgment from Symons family
Continental Casualty Co., which has been tangling in court with the family for more than 15 years, recently initiated garnishment proceedings in a quest to collect as much as possible of a 2009 judgment.
Chicago insurer turns up heat in quest to collect $44M judgment
A Chicago company that won a massive judgment against Indianapolis businessman Alan Symons, his family and related companies accuses the 66-year-old of “hide-the-ball” conduct.
Symons and family ordered to pay $34.2 million in fraudulent transfer case
A high-profile businessman and the Indianapolis companies he operated with family members have been ordered by a federal judge to pay $34.2 million relating to the fraudulent transfer of assets in a business sale.
Symons puts biz into Ch. 11, undercutting rival’s court win
Alan G. Symons’ company, Fast Tek Group LLC, lost a court fight with Fishers-based competitor Product Action International
LLC in February. So Symons pushed Fast Tek into Chapter 11 bankruptcy protection in June–a move that clears the way for a
suitor to buy the assets without being saddled with the liabilities.