Upscale Broad Ripple restaurant L’explorateur, which prides itself on an avant-garde menu built around locally grown food, is closing Saturday. Owner Neal Brown, who opened the restaurant in May 2006, informed customers of his decision this week on his blog. Plans for a downtown location are still in the works, however. Brown could not be […]
Companies searching for a merger or acquisition partner had one heck of a time finding a match last year. Place much of the
blame on the credit crunch that rattled the nation’s economy and sent deal-making into a downward spiral.
The Indy Racing League made Pres. George W. Bush’s final report, highlighting his eight-year term’s accomplishments and results. On page 26 of the report, Bush writes about his work with renewable energies. The…
The Fishers insurance-and-securities broker who disappeared following a plane crash in Florida on Sunday left a trail of deceit dating back years before his latest legal and regulatory woes. Marcus Schrenker, 38, faced final arguments next week in a regulatory proceeding the Indiana Department of Insurance’s consumer-protection division filed against him a year ago. Investigators […]
Ten of Indiana native George Rickey’s towering kinetic sculptures are coming to downtown Indianapolis in May. The downtown exhibit will overlap this summer with a career survey of the influential artist’s work, hosted by the Indianapolis Art Center in Broad Ripple. Then pieces from both shows will travel to South Bend, where Rickey was born […]
Some of the nation’s largest commercial real estate trade groups are asking the federal government to come to the industry’s aid-a push that, if successful, could give a boost to Simon Property Group Inc. and other Indianapolis-based developers. The Wall Street Journal reported today that the commercial real estate industry is asking to be included […]
Indianapolis Mayor Greg Ballard has notified the City Market that the financially strapped city is phasing out its subsidies
to the historic downtown fixture, which account for one-quarter of the market’s nearly $1 million budget.
In January, St. Paul, Minn.-based 3M will release “Clinpro 5000,” a specialty toothpaste Indiana Nanotech developed.
Thank you for taking time to write an amazing [Maurer column in the Dec. 15] IBJ on smoke-free air. Your editorial and others written by IBJ staff will help influence local policymakers to pass a comprehensive smoke-free-air law in Indianapolis and Indiana. Smoke Free Indy is very grateful to have yours and IBJ’s support as […]
Paul Hunt, a partner with Barnes & Thornburg, recently decided to pay seven months’ studio rent for two artists at Harrison
Center for the Arts. And the Columbia Club on Monument Circle is looking for new members.
Indiana Gov. Mitch Daniels has no plans to repeat Indiana’s tax-amnesty program that recovered about $245 million from delinquent
payers in 2005.
Indianapolis businessman Paul Skjodt said today he is resigning from the board of National Lampoon Inc., a move that follows the Monday arrest of its CEO on charges of securities fraud. In a statement, Skjodt said he was stepping aside “to better focus on my other business interests.” Skjodt, owner of the Indiana Ice, teamed […]
A Boston firm today canceled a tentative agreement to finance National Lampoon Inc. films, a move that follows the arrest yesterday of the Los Angeles company’s CEO on charges he fraudulently manipulated the company’s stock. Envit Capital CEO Edward Laborio said in a statement that he is terminating an October agreement to provide funding for […]
National Lampoon Inc. CEO Dan Laikin was arrested at his southern California home this morning, the same day criminal and civil investigators unveiled charges that he participated in a scheme to fraudulently manipulate the company’s stock. The U.S. Attorney’s Office in Philadelphia announced that a grand jury had indicted Laikin, 46, on felony counts of […]
The Securities and Exchange Commission today filed a civil lawsuit charging that Dan Laikin, an Indianapolis businessman before taking the helm of Los Angeles-based National Lampoon Inc. in 2005, participated in a scheme to fraudulently manipulate the company’s stock. Laikin, 46, is one of four defendants in the suit, which was filed in federal court […]
What started as a dispute over a pair of digital billboards in Lawrence has evolved into a battle with broad implications
for Marion County.
EXECUTIVE COMPENSATION Total ’07 Salary Stock and All other compensation Bonus option grants (1) pay (2) % change (3) Paul E. Hassler $785,875 $323,687 $257,023 $205,165 118% CEO, president $0 Andy L. Nemeth $602,789 $204,451 $257,023 $141,315 156% CFO, secretary, treasurer $0 Todd M. Cleveland $412,748 $246,565 $0 $166,183 N/A Chief operating officer $0 Gregory […]
DIRECTORS Walter E. Wells, 69 Andy L. Nemeth, 39 Occupation: Retired president and CEO of Occupation: Chief financial officer of the Schult Homes Corp. company Number of common shares: 27,067 Number of common shares: 47,478 Previous year: 18,000 Previous year: 17,113 John H. McDermott, 76 Robert C. Timmins, 86 Occupation: Counsel for McDermott Will & […]
The Indianapolis Star, the state’s largest daily newspaper, has scaled back its roster
of critics in recent years — a reduction in coverage that put the onus on local arts promoters to get the word out through
other channels, such as blogs.
