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The amount paid to lawyers so far nearly accounts for the entire $1.8 million that a Fair Finance trustee has recovered so far for investors of the Akron, Ohio-based company led by indicted financier Tim Durham.
The band that was preparing to perform at the Indiana State Fair before a fatal stage collapse has been named as a defendant in a potential lawsuit in a notice sent to the state attorney general.
A drunken-driving crackdown over the weekend resulted in 363 arrests for driving while intoxicated. Indiana State Police say the enforcement blitz occurred between the hours of 7 p.m. and 6 a.m. on both Friday and Saturday. Troopers say they’ve made more than 5,300 such arrests through the first seven months of this year and more than 9,500 during all of 2010.
Two children died in the Indianapolis area Monday night in separate incidents after they were struck by vehicles. A 2-year-old boy wandering in the road was killed when he was struck by a van at State Road 32 and Eagle Town Road in Hamilton County. Police were still determining why the boy was unsupervised. Meanwhile, 7-year-old Yair Agapito was attending a birthday party when he ran in front of a car about 6:45 p.m. in the 5500 block of Floating Leaf Drive on the southeast side of Indianapolis. The driver’s view of the boy might have been obstructed by parked cars, police said.
The state is facing more than 20 potential lawsuits one month after the deadly outdoor stage collapse during the Indiana State Fair.
Binford Boulevard was closed more than two hours Tuesday morning after a fatal car crash. Chong I. Chong, a 75-year-old woman, died in the two-vehicle collision just north of East 52nd Street. According to police, a driver of a van crashed into the side of Chong’s car about 5 a.m. after she pulled in front of him as he traveled on Binford. The van’s driver was uninjured. Police say speed and alcohol don’t appear to be factors in the crash.
St. Louis-based sporting goods manufacturer agrees to supply footballs and uniforms for youth football initiatives.
A company that makes wind-turbine blades says it will start its first U.S. facility at a former refrigerator plant in Evansville that Whirlpool Corp. closed last year. The business said it could employ up to 400 workers in the area by 2014.
Returning its Frontier unit to profitability is seen as a daunting task, and some industry analysts have wondered aloud if the Denver subsidiary will end up in bankruptcy again or Republic will become an acquisition target.
The settlements involve donations made by Tim Durham totaling $60,000 to the Marion County Republican Central Committee, Greater Indianapolis Republican Finance Committee and the Committee to Elect Lawrence Mayor Paul Ricketts.
The national two-year default rate rose to 8.8 percent last year, from 7 percent in fiscal 2008, according to the Department of Education. Driving the increase was an especially sharp increase among students who borrow from the government to attend for-profit colleges.
Indianapolis-based HP Products Corp. has acquired Renard Paper Co., a 58-year-old distributor of commercial-cleaning, paper and food-service products, based in the St. Louis area.
ExactTarget Inc., which canceled plans for an initial public offering during the 2009 financial crisis, has hired JPMorgan Chase & Co. and Deutsche Bank AG to handle a new attempt, said sources familiar with the matter.
The legislation would fundamentally alter the way patents are reviewed and mark the biggest change to U.S. patent law since at least 1952.
Drugmakers Eli Lilly and Co. and Amylin Pharmaceuticals Inc. said Monday that patients taking their potential once-weekly diabetes treatment, Bydureon, saw a significant improvement in cardiovascular risk factors.
Authors and authors' groups sued the University of Michigan, Indiana University and three other universities Monday, seeking to stop the creation of online libraries made up of as many as 7 million copyright-protected books they say were scanned without authorization.
Crown Property Group is issuing a request for proposals for two East Market Street buildings that now are used for office space.
On a seasonally adjusted basis, the pace of mortgage loan applications decreased 4.9 percent for the week ended Sept. 2, according to the Mortgage Bankers Association. The rate for 30-year mortgages decreased to 4.23 percent from 4.32 percent the previous week. The rate for 15-year mortgages fell to 3.41 percent from 3.49 percent.
Pete Powers has been named president of Domain Renovations, a Carmel-based construction firm.
-State Farm Insurance leased 88,408 square feet at 9200 Keystone Crossing. The tenant was represented by Aasif Bade of Ambrose Property Group. The landlord, BPG Properties Ltd., was represented by John Robinson and Abby Cooper of Jones Lang LaSalle.
-The Marion County Community Correction Board leased 14,960 square feet at 140 E. Washington St. The tenant was represented by Rick Lux of R.P. Lux Co. The landlord, Sayles Enterprises LLC, was represented by Dan Richardson and Nick Svarczkopf of CB Richard Ellis.
-Allegient leased 11,500 square feet at Meridian Tower, 201 W. 103rd St. The tenant was represented by Mike Napariu of REI Investments CPA. The landlord, BPG Properties Ltd., was represented by Adam Broderick and John Robinson of Jones Lang LaSalle.
-Grand Slam Realty leased 7,468 square feet at Fidelity Plaza-Sepro Tower, 11550 N. Meridian St., Carmel. The tenant was represented by John Vandenbark of CB Richard Ellis. The landlord, Sepro Development Co. II LLC, was represented by Alex Cantu of Summit Realty Group.
-NIAAA leased 4,565 square feet at 9100 Keystone Crossing. The tenant was represented by Andrew Martin of Cassidy Turley. The landlord, BPG Properties Ltd., was represented by John Robinson and Abby Cooper of Jones Lang LaSalle.
-ProScan Imaging of Indianapolis LLC extended its lease for 4,130 square feet at Prestwick Pointe II, 5250 E. US Highway 36, Avon. The landlord, Weston Group LLC, was represented by Stephen Daum of Summit Realty Group. The tenant represented itself.
-Sabre Communications Corp. leased 3,275 square feet at 800 E. 96th St. The tenant was represented by Jeff Merritt of Summit Realty Group. The landlord, Duke Realty Corp., was represented by Adam Seger of Duke.
-Laundry Bright Inc. leased 3,168 square feet at Hanna Shoppes, 3915 Madison Ave. The tenant was represented by Jodi Milto of Midland Atlantic. The landlord, RCS Holdings LLC, was represented by Jeff Merritt of Summit Realty Group.
-McKinley Jones & Associates leased 2,066 square feet at 4701 N. Keystone Ave. The landlord, Visiting Nurse Service Inc., was represented by Bill Ehret and Alex Cantu of Summit Realty Group. The tenant represented itself.
-Tactic Marketing Inc. leased 1,550 square feet of office space at 1 N. Meridian St. The tenant was represented by Bennett Williams and Andrew Martin of Cassidy Turley. The landlord, King Cole Investors LLC, was represented by Brent Benge of Paradigm Real Estate Investments.
-BBB Therapy LLC extended its lease for 1,547 square feet at 70 E. 91st St. The tenant was represented by Ralph Balber of Newmark Knight Frank Halakar. The landlord, Sourwine Real Estate Services, was represented by Andrew Martin of Cassidy Turley.
-M&V Computer Repair leased 1,200 square feet at 3350 N. High School Road. The tenant was represented by Kelli Membreno of Libertad Real Estate. The landlord, Pentak LLC, was represented by Keith Kleinmaier of Retail Realty.
-Insomnia Cookies of Indiana LLC leased 855 square feet at 809 Broad Ripple Ave. The tenant was represented by Jeff Merritt of Summit Realty Group. The landlord, 801 Realty LLC, was represented by Todd Camesasca of Kosene & Kosene Inc.
