Search – Page 14 – Indianapolis Business Journal

Home » Search

Articles

Trustee pressing Daniels, others to return Durham’s donations

August 4, 2010

Trustee Brian Bash has sent letters to politicians who he says received a total of $900,000 in funds Durham had borrowed
from the coffers of Fair Finance, a now-bankrupt investment firm based in Ohio.

Slumping chocolate firm hopes to recapture early momentum

August 5, 2010

Endangered Species Chocolate, which saw growth spike from 2005 through 2007, lost 20 percent of its revenue in 2009. Sales
dropped from $14 million in 2008 to $11 million last year. New Curt Vander Meer has plans to bring the company back to its
former glory, one chocolate bar at a time.

Judge refuses to unseal Fair Finance search warrants

August 10, 2010

Judge Sara Lioi ruled the right of access to search warrant records connected with an ongoing investigation is “not
absolute” and not justified in this case.

Lawmaker wants Durham donations returned

August 12, 2010

State Rep. Ed DeLaney of Indianapolis said Thursday that contributions of more than $800,000 by Indianapolis businessman Timothy
Durham should be sent to a bankruptcy trustee for Ohio investment firm Fair Finance Co., which was forced into bankruptcy
earlier this year.

Fair Finance trustee finds lots of debts, few assets

August 12, 2010

Tim Durham, Fair’s co-owner and CEO, burned through staggering sums on a lavish lifestyle, loans and gifts to friends,
and loans to businesses he partly owned that performed dismally.

Tim Durham closes New Castle restaurant

August 13, 2010

A sign on the door of Durhams Ristorante says the moderately priced Italian eatery will be "closed until further notice."

Marian University goes on fundraising tear

August 26, 2010

Marian University pulled in a whopping $54.2 million in pledges for the fiscal year ended June 30, largely related to its
effort to launch Indiana’s first college of osteopathic medicine. The year before, the Catholic institution raised $14.4
million, an in-house record.

Fair Finance co-owner Cochran uses forceful defense

September 2, 2010

Tim Durham's partner in a failed Akron, Ohio, company says a trustee has nothing to back up his allegations of fraud.

Key foes won’t campaign against Indiana tax caps

September 2, 2010

Two prominent groups that have fought against the statewide property tax caps championed by Gov. Mitch Daniels are going to sit out the November referendum on whether to put the limits into the state constitution.

Dan Laikin sentenced to 45 months in Lampoon fraud

September 8, 2010

The sentence was short of the 60-month maximum Laikin could have received under a plea agreement worked out with federal prosecutors last fall.

JPMorgan Chase sues to foreclose on Durham mansion

September 17, 2010

The bank says Durham stopped making the required $18,329 monthly payments on the 30-year mortgage this spring.

Super Bowl crew hustles to prep for 2012 event in Indianapolis

September 22, 2010

CEO Allison Melangton deliberately hired only Indiana residents to tap a deep talent pool and play up Hoosier hospitality.

Indiana lawmakers push for Internet taxes

September 23, 2010

A bipartisan duo of state lawmakers wants Congress to allow states to collect sales taxes on Internet purchases, a move they say could bring hundreds of millions of dollars to cash-strapped Indiana.

Ex-manager accuses Butler Kia of keeping violent employee

September 30, 2010

A former sales manager at Butler Kia alleges a co-worker pulled a gun on employees—yet was kept on the job for several months afterward.

Pence busy campaigning for other GOP candidates

October 3, 2010

Raising cash for campaigns across the country while stockpiling political capital for himself could pay off should he decide to seek higher office such as a 2012 White House run.

Local MBA programs score with women

October 6, 2010

Female enrollment in Indianapolis master’s programs surpasses the national average. Telamon Vice President Sunny Lu said her MBA has helped her grow business.

Durham art auction offers hope for Ohio investors

October 13, 2010

The eclectic art collection of disgraced financier Tim Durham will hit the auction block Saturday in a sale that could help restore a small portion of the money lost by investors in Ohio's Fair Finance.

Indiana Live swamped by debt, faces potential default

October 14, 2010

Owners of the Indiana Live racetrack and casino face an interest payment on the lion’s share of their $544 million in debt next month, as credit analysts continue fretting about the company’s ability to pay its bills.

OmniSource sues Brizzi over seized money

October 17, 2010

A recycling company is asking a Marion County judge to force Prosecutor Carl Brizzi to return more than $277,000 it says was seized as part of a trumped-up investigation.

Fair Finance artwork fetches more than $400,000 at auction