Cash-strapped Fair Finance CFO agrees to $50M settlement
An attorney for Rick Snow says the executive agreed to the deal because he lacked the money to fight the suit, not because he actually has the money.
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Articles
Indiana charter school backers fret about losing movement’s edge
State lawmakers inadvertently made it too easy for poor-performing schools to stay open, some advocates say.
Storm a big blow to Indiana dairy operation’s finances
The cows are braving the cold at Fair Oaks Farms, but the milk they're producing is going down the drain because it couldn’t be delivered.
Pressure on legislature to address abandoned homes
Banks are pushing for reform to the state’s process for home foreclosures.
Prosecutors concede no ground in Tim Durham’s appeal
In a new brief, the government insists it pursued wiretaps in late 2009 only after investigating the business using less-invasive techniques for 7-1/2 months.
2013 CFO OF THE YEAR: Daniel Sellers
Daniel Sellers knew he had to make changes immediately when he joined the Health and Hospital Corporation of Marion County in 2002.
2013 CFO OF THE YEAR: Patrick Walsh
Patrick Walsh helped Emmis Communications Corp. slash its debt after the financial crisis sapped advertising and forced it into a "crisis mentality."
Butler University’s Danko seeks lasting gains from hoops glory
The new president is seeking to build lasting gains from the school’s 15 minutes of hoops glory.
KRULL: Misguided judges reaping whirlwind
Former Indiana Chief Justice Randall Shepard and other veterans of the highest state courts in the country issued a warning a few days ago about the dangers of large-scale campaign spending in judicial campaigns.
SHEPARD: Conrad’s intensity still felt downtown
Surely Larry Conrad is smiling over the recent report about the phenomenal strength of the housing market in downtown Indianapolis.
Still nothing for investors, as Fair Finance legal fees balloon
The Cleveland law firm representing the bankruptcy Trustee Brian Bash is seeking approval for more than $11 million in fees.
Longtime insurance watchdog ends 40-year-old newsletter
The Insurance Forum, an independent newsletter based in central Indiana and read by industry leaders and consumer advocates across the continent, has placed its last issue in the mail.
Study: IU, Purdue rank best in return on investment
Big budgets used to rule in college rankings. But that could be changing. A new report from the Indiana Commission for Higher Education is the latest effort among several nationally to score universities on their bang for the buck.
Local businessman agrees to settle trustee claims
Stephen Blaising said in a recent court filing that he will pay $125,000 to satisfy a lawsuit brought by the bankruptcy trustee representing investors in an Ohio company led by Tim Durham.
Local hotelier files for bankruptcy on 7 properties
Reeling from the recession, Bharat Patel hopes to protect the hotels from foreclosure. Their lender is owed as much as $120 million, according to court filings.
Durham family members agree to settle trustee claims
Attorneys for the Fair Finance trustee said Tim Durham's ex-wife, Joan SerVaas, has agreed to pay $100,000 and Bernard Durham, his adopted son, $10,000 to settle a lawsuit charging they accepted nearly $300,000 from the disgraced financier.
Pace slows, but Carmel redevelopment panel still busy
The Carmel Redevelopment Commission has a lot to do—with or without staff support. Mayor Jim Brainard and the city’s director of administration will handle the volunteer panel’s day-to-day affairs for the immediate future.