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The warring partners in the $382 million French Lick Resort and Casino are parting ways. Locally based Lauth Property Group has agreed to sell its 50-percent interest in the venture to an affiliate of Bloomington billionaire Bill Cook, the companies announced Wednesday night. The deal would give Cook affiliates full ownership of French Lick Resort […]
First Indiana Corp., the parent of First Indiana Bank, has fired KPMG LLP as its external auditor and hired BKD LLP, the bank said today. There was no disagreement with KPMG that would have resulted in a reference in financial statements for either 2005 or 2006, the bank said in a statement. Spokeswoman Beth Copeland […]
San Francisco-based Oxford Lodging Advisory & Investment Group said today it has bought the 407-room Adams Mark Hotel on Executive Drive near Indianapolis International Airport for an undisclosed price. Other Adams Mark properties acquired by Oxford from St. Louis-headquartered HBE Corp. are in St. Louis, Denver, Dallas and Buffalo, N.Y. The deal, which is expected […]
The Columbia Club has hired Maarten van Wijk as general manager and chief operating officer to replace Edward Albany. Albany stepped down early this year after the not-for-profit hired a St. Louis consulting firm to help it reverse declining membership and other problems. Van wijk was general manager of the Four-Star Mobile award Hotel Hershey […]
In the market for a 20,000-square-foot mansion with 4 bedrooms, 7 full baths and 5 partial baths? Too late! The former home of Dr. Donald Perez and his wife Karen, built in…
Associated Press The costs of responding to crashes on the Indiana Toll Road have some local fire departments asking the highway’s private operator to help pay the bill. The toll road company, though, said it would not change its stance that the departments should be seeking money from those responsible for the crashes. A chain-reaction […]
Investigators say a garage fire on Boyd Avenue on the southeast side of Indianapolis early this morning is suspicious. It is the latest of several fires along the Raymond Street corridor. Meanwhile, Robert Green, whom police believe is connected to at least one fire in the area, is scheduled to appear in court today. Watch […]
A hearing to determine if two Perry Township school board members can vote on the superintendent’s future continues today. Superintendent Doug Williams has asked a federal judge to prevent the members from voting on his contract. Williams says he’s being denied due process because they have made up their minds about his fate.
The company planning to build a natural gas pipeline across central Indiana said it was working to provide details to a federal agency so it can gain approval for the project. The Federal Energy Regulatory Commission last week sent its fourth letter in five months to Rockies Express seeking environmental information and project details necessary […]
Police are searching for two men in connection with an overnight shooting on Colorado Avenue on the near-northeast side. A man was shot multiple times while unloading groceries and is in critical condition.
Patrick Industries Inc. has warned 44 workers that they might be laid off because of plans to close an Elkhart plant that makes interior doors for RVs and motor homes, according to the South Bend Tribune. Elkhart-based Patrick has 1,000 workers supplying the RV industry.
ITT boss rose fast Youthful-looking Kevin Modany has huge shoes to fill after taking over as ITT Educational Services Inc.’s chief executive for Rene Champagne, who retired. Refunds taken off hold The state’s 30 or so independent payphone operators may begin receiving refunds next month from AT&T Indiana and Verizon for excess charges the phone […]
Former Colts quarterback Jack Trudeau now faces a felony charge of obstructing justice. Police say Trudeau refused to hand over a guest list of teenagers at a graduation party for Park Tudor students at his home. Police found open containers of alcohol at the home. Conseco Inc. co-founder Steve Hilbert and his wife, Tomisue, also […]
P. Schoenfeld Asset Management LLC intends to vote in opposition to the $10.9 billion buyout offer for Warsaw prosthetics company Biomet Inc., according to The New York Times. The New York firm owns 0.5 percent of Biomet shares. Last week, Institutional Shareholder Services, a Maryland shareholder advisory service, recommended voting against the offer because it […]
Indianapolis Star managers informed newsroom staff Monday that the paper’s business section no longer will be a stand-alone section beginning in late June. Staffers were told the section will become part of the Metro & State section. It is unclear whether the business section will have its own pages within Metro & State or some […]
A sister of Indianapolis Colts coach Tony Dungy has put their childhood home in Jackson, Mich., up for sale. Sherrilyn Sims is asking $52,900, nearly $6,000 less than its assessed value in the depressed south-central Michigan housing market, according to The Jackson Citizen Patriot. The buyer will receive an autographed photo and copy of Dungy’s […]
Associated Press The costs of responding to crashes on the Indiana Toll Road have some local fire departments asking the highway’s private operator to help pay the bill. The toll road company, though, said it would not change its stance that the departments should be seeking money from those responsible for the crashes. A chain-reaction […]
Former Colts quarterback Jack Trudeau now faces a felony charge of obstructing justice. Police say Trudeau refused to hand over a guest list of teenagers at a graduation party for Park Tudor students at his home. Police found open containers of alcohol at the home. Conseco Inc. co-founder Steve Hilbert and his wife, Tomisue, also […]
Investigators say a garage fire on Boyd Avenue on the southeast side of Indianapolis early this morning is suspicious. It is the latest of several fires along the Raymond Street corridor. Meanwhile, Robert Green, whom police believe is connected to at least one fire in the area, is scheduled to appear in court today. Watch […]
